# EDGAR Filing Document

**Accession Number:** 0000876717
**File Stem:** 0001752724-25-137930
**Filing Date:** 2025-6
**Character Count:** 146460
**Document Hash:** ff7501ba17068bd1cf42f32eaf0e7f5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-137930.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001752724-25-137930

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABRDN GLOBAL INCOME FUND, INC.
- **CENTRAL INDEX KEY:** 0000876717

**ORGANIZATION NAME:**
- **EIN:** 133334183
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06342
- **FILM NUMBER:** 251045355

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-405-5700

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ABERDEEN GLOBAL INCOME FUND INC
- **DATE OF NAME CHANGE:** 20020702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ABERDEEN COMMONWEALTH INCOME FUND INC
- **DATE OF NAME CHANGE:** 20010601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST COMMONWEALTH FUND INC
- **DATE OF NAME CHANGE:** 19920929

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ABRDN GLOBAL INCOME FUND, INC.

- **b. Investment Company Act file number:** 811-06342

- **c. CIK number of Registrant:** 0000876717

- **d. LEI of Registrant:** 549300V7ZDFLSK6WD203

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

  - **Street Address 1:** 1900 Market Street

  - **City:** PHILADELPHIA

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 215-405-5700

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

- **a. Name of Series:** ABRDN GLOBAL INCOME FUND, INC.

- **c. LEI of Series:** 549300V7ZDFLSK6WD203

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $60563507.81

**Total Liabilities:** $18754287.24

**Net Assets:** $41809220.57

**Cash Not Reported:** $962839.68

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -20.75000000 | **1-Year:** -275.02000000 | **5-Year:** -1482.69000000 | **10-Year:** -2819.99000000 | **30-Year:** -1539.15000000

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

- **3-Month:** -107.68000000 | **1-Year:** -2928.40000000 | **5-Year:** -6979.20000000 | **10-Year:** -6999.50000000 | **30-Year:** -3682.62000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.10%               | 1.39%                | -0.60%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-8017.48                | $260446.88                                 |
| Month 2  | $-921328.25              | $168213.82                                 |
| Month 3  | $-123944.52              | $-103887.16                                |

**Designated Index Information**

- **Index Name:** BofA Merrill Lynch Australian Govt (G0T0) 10%; BofA Merrill Lynch New Zealand Govt (G0Z0) 5%; Merrill Lynch Global High Yield Constrained (Hedged USD 100%) 25%; iBoxx Asia Government USD Unhedged 25%; JPM EMBI Global Diversified 35%

- **Index Identifier:** (Blended performane benchmark) G0T0 Index, G0Z0 Index, HW0CUSDH Index, IBXXAGAT Index, JPEIDIVR Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MACY'S RETAIL HLDGS LLC                                   | Macy's Retail Holdings LLC                                                                                                        | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $33190.88     | 0.08%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                      | Cleveland-Cliffs Inc                                                                                                              | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      29000 | PA      | $27261.87     | 0.07%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                      | Neptune Bidco US Inc                                                                                                              | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     169000 | PA      | $150410.00    | 0.36%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                                    | Sherwood Financing PLC                                                                                                            | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $132627.90    | 0.32%             | 2029-12-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                                  | Bellis Acquisition Co PLC                                                                                                         | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |     124000 | PA      | $160611.23    | 0.38%             | 2026-02-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                  | Long: B20946371 IRS USD R V 00MSOFR SL_2720946371_RECEIVE CCPOIS / Short: B20946371 IRS USD P F  3.39600 SL_2720946371_PAY CCPOIS | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    4700000 | OU      | $-14954.70    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                                    | Adient Global Holdings Ltd                                                                                                        | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |     154000 | PA      | $145927.04    | 0.35%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                      | Fiesta Purchaser Inc                                                                                                              | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      72000 | PA      | $75424.25     | 0.18%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                   | Macy's Retail Holdings LLC                                                                                                        | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      60000 | PA      | $55877.45     | 0.13%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Argentina Republic Government International Bonds         | Argentina Republic Government International Bonds                                                                                 | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     832800 | PA      | $579826.04    | 1.39%             | 2038-01-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                                                                            | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     208000 | PA      | $211195.71    | 0.51%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| PORT OF SPAIN WATERFRONT                                  | Port Of Spain Waterfront Development                                                                                              | CUSIP: 73500YAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |     200000 | PA      | $188000.00    | 0.45%             | 2040-02-19      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| US CELLULAR CORP                                          | United States Cellular Corp                                                                                                       | CUSIP: 911684AD0<br>LEI: 549300B164AZXESI6E03 | Long             | DBT              | CORP              | US        |      90000 | PA      | $97426.21     | 0.23%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                            | Owens-Brockway Glass Container Inc                                                                                                | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |      42000 | PA      | $41707.97     | 0.10%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTIO                                  | Yinson Boronia Production BV                                                                                                      | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     198236 | PA      | $203191.90    | 0.49%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                  | 1011778 BC ULC / New Red Finance Inc                                                                                              | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     119000 | PA      | $118606.12    | 0.28%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                                  | Flora Food Management BV                                                                                                          | CUSIP: 000000000<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |     100000 | PA      | $116855.43    | 0.28%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GENTING NY LLC/GENNY CAP                                  | Genting New York LLC / GENNY Capital Inc                                                                                          | CUSIP: 37255JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $199866.17    | 0.48%             | 2029-10-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                    | PURCHASED USD / SOLD ZAR                                                                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |          1 | NC      | $-50885.01    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| WE SODA INV HOLDING PLC                                   | WE Soda Investments Holding PLC                                                                                                   | CUSIP: 92943TAA1<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |     275000 | PA      | $281256.25    | 0.67%             | 2028-10-06      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| GREENKO WIND PROJECTS MU                                  | Greenko Wind Projects Mauritius Ltd                                                                                               | CUSIP: 39531JAB0<br>LEI: 254900MSUXE1FF83DP82 | Long             | DBT              | CORP              | MU        |     200000 | PA      | $193633.16    | 0.46%             | 2028-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                  | Clarios Global LP / Clarios US Finance Co                                                                                         | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      36000 | PA      | $36562.28     | 0.09%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                  | Walgreens Boots Alliance Inc                                                                                                      | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |      83000 | PA      | $81114.62     | 0.19%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| 888 ACQUISITIONS LTD                                      | 888 Acquisitions Ltd                                                                                                              | CUSIP: 000000000<br>LEI: 254900RFD0BP3JOPZU89 | Long             | DBT              | CORP              | GI        |     100000 | PA      | $113160.44    | 0.27%             | 2027-07-15      | Fixed         | 7.56%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                      | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     264000 | PA      | $222390.48    | 0.53%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NOVELIS SHEET INGOT GMBH                                  | Novelis Sheet Ingot GmbH                                                                                                          | CUSIP: 000000000<br>LEI: 9845005E95899E77AY49 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $107473.53    | 0.26%             | 2029-04-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                   | Sasol Financing USA LLC                                                                                                           | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $309638.56    | 0.74%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                  | Long: B71731557 IRS USD R V 00MSOFR SL_2717315570_RECEIVE CCPOIS / Short: B71731557 IRS USD P F  3.40020 SL_2717315570_PAY CCPOIS | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    5000000 | OU      | $18780.10     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kenya Government International Bonds          | Republic of Kenya Government International Bonds                                                                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     422000 | PA      | $315040.72    | 0.75%             | 2048-02-28      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Brazil Government International Bonds                     | Brazil Government International Bonds                                                                                             | CUSIP: 105756BK5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     370000 | PA      | $384265.53    | 0.92%             | 2037-01-20      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| VIVO ENERGY INVESTMENTS                                   | Vivo Energy Investments BV                                                                                                        | CUSIP: 92856HAB0<br>LEI: 724500P3OXMB2IERLM56 | Long             | DBT              | CORP              | NL        |     255000 | PA      | $247694.33    | 0.59%             | 2027-09-24      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                                                                            | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      90000 | PA      | $89376.64     | 0.21%             | 2028-06-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                                    | Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co                                                   | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      60000 | PA      | $60538.20     | 0.14%             | 2032-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC                                        | SunCoke Energy Inc                                                                                                                | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |     120000 | PA      | $110240.42    | 0.26%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                               | PURCHASED USD / SOLD IDR                                                                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $4682.76      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                    | PURCHASED USD / SOLD PEN                                                                                                          | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |          1 | NC      | $-8887.57     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                                      | Indonesia Treasury Bond                                                                                                           | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |  341000000 | PA      | $20824.42     | 0.05%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                          | Peruvian Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    4138000 | PA      | $1114952.59   | 2.67%             | 2037-08-12      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| HERITAGE PETROL CO LTD                                    | Heritage Petroleum Co Ltd                                                                                                         | CUSIP: 42727GAA6<br>LEI: 25490055MYPABN06OA04 | Long             | DBT              | CORP              | TT        |     291000 | PA      | $294253.36    | 0.70%             | 2029-08-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                     | Caesars Entertainment Inc                                                                                                         | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |      29000 | PA      | $29151.90     | 0.07%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                    | PURCHASED EUR / SOLD USD                                                                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |          1 | NC      | $-600.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BE SEMICONDUCTOR                                          | BE Semiconductor Industries NV                                                                                                    | CUSIP: 000000000<br>LEI: 7245007A1YFLI2GNYX06 | Long             | DBT              | CORP              | NL        |     100000 | PA      | $114789.48    | 0.27%             | 2031-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WEPA HYGIENEPRODUKTE GMB                                  | WEPA Hygieneprodukte GmbH                                                                                                         | CUSIP: 000000000<br>LEI: 529900KQ44OJDIDU6J81 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $117220.57    | 0.28%             | 2031-01-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                    | Commonwealth Bank of Australia                                                                                                    | CUSIP: 000000000<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    1000000 | PA      | $685638.48    | 1.64%             | 2038-03-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                                    | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX                                                      | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     470000 | PA      | $444762.88    | 1.06%             | 2033-01-18      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| VITAL ENERGY INC                                          | Vital Energy Inc                                                                                                                  | CUSIP: 516806AJ5<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     105000 | PA      | $88952.78     | 0.21%             | 2030-10-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                                   | EnerSys                                                                                                                           | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     117000 | PA      | $119454.19    | 0.29%             | 2032-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                                     | Panther Escrow Issuer LLC                                                                                                         | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     135000 | PA      | $138306.83    | 0.33%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                                  | Boost Newco Borrower LLC/GTCR W Dutch Finance Sub BV                                                                              | CUSIP: 000000000<br>LEI: 894500GLVOTVRGS68C28 | Long             | DBT              | CORP              | XX        |     100000 | PA      | $143229.35    | 0.34%             | 2031-01-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ECOPETROL SA                                              | Ecopetrol SA                                                                                                                      | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     105000 | PA      | $105100.07    | 0.25%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                                       | Malaysia Government Bond                                                                                                          | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    1000000 | PA      | $230359.21    | 0.55%             | 2040-05-22      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| EPHIOS SUBCO SARL                                         | Ephios Subco 3 Sarl                                                                                                               | CUSIP: 000000000<br>LEI: 213800E4EG6VFUFVEH64 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $119420.57    | 0.29%             | 2031-01-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                                                                                | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      55000 | PA      | $56479.40     | 0.14%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                                    | Delek Logistics Partners LP / Delek Logistics Finance Corp                                                                        | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      93000 | PA      | $95470.36     | 0.23%             | 2029-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                                  | Connect Finco SARL / Connect US Finco LLC                                                                                         | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     213000 | PA      | $199254.79    | 0.48%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                                  | Banco do Brasil SA/Cayman                                                                                                         | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |     620000 | PA      | $626973.14    | 1.50%             | 2025-10-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Indonesia Government International Bonds                  | Indonesia Government International Bonds                                                                                          | CUSIP: 455780CN4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     935000 | PA      | $688951.23    | 1.65%             | 2049-10-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SUMMER BIDCO BV                                           | Summer BidCo BV                                                                                                                   | CUSIP: 000000000<br>LEI: 724500EOJYP21L3XM206 | Long             | DBT              | CORP              | NL        |     108521 | PA      | $126728.49    | 0.30%             | 2029-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                                     | Six Flags Entertainment Corp                                                                                                      | CUSIP: 83001WAC8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |      58000 | PA      | $58043.27     | 0.14%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                   | Mexican Bonos                                                                                                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    8966600 | PA      | $375380.50    | 0.90%             | 2042-11-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                          | GGAM Finance Ltd                                                                                                                  | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |      87000 | PA      | $88845.01     | 0.21%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                                                                         | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      36000 | PA      | $37013.87     | 0.09%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                                      | Cornerstone Building Brands Inc                                                                                                   | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |      14000 | PA      | $12180.21     | 0.03%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BCP MODULAR SERVICES                                      | BCP V Modular Services Finance II PLC                                                                                             | CUSIP: 000000000<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |     125000 | PA      | $136649.81    | 0.33%             | 2028-11-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                          | Vmed O2 UK Financing I PLC                                                                                                        | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $122485.86    | 0.29%             | 2029-01-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                                                                    | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     117000 | PA      | $126058.84    | 0.30%             | 2033-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                  | Long: B17315572 IRS USD R V 00MSOFR SL_2717315572_RECEIVE CCPOIS / Short: B17315572 IRS USD P F  3.38270 SL_2717315572_PAY OIS    | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | GB        |    7350000 | OU      | $68538.24     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                      | Fiesta Purchaser Inc                                                                                                              | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     127000 | PA      | $132795.26    | 0.32%             | 2032-09-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| SAGICOR FINANCIAL CO                                      | Sagicor Financial Co Ltd                                                                                                          | CUSIP: 78669QAA8<br>LEI: 984500P7FADAA3A50B04 | Long             | DBT              | CORP              | BM        |     210000 | PA      | $204918.00    | 0.49%             | 2028-05-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| KazMunayGas National Co. JSC                              | KazMunayGas National Co. JSC                                                                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     870000 | PA      | $728482.32    | 1.74%             | 2047-04-19      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| EGYPT TREASURY BILL                                       | Egypt Treasury Bills                                                                                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   30625000 | PA      | $548800.63    | 1.31%             | 2025-09-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTL INC                                       | Somnigroup International Inc                                                                                                      | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     190000 | PA      | $166783.37    | 0.40%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT                                       | Honduras Government International Bond                                                                                            | CUSIP: 438180AK7<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |     200000 | PA      | $198300.00    | 0.47%             | 2034-11-27      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN                                  | Empresas Publicas de Medellin ESP                                                                                                 | CUSIP: 000000000<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |     437000 | PA      | $376358.78    | 0.90%             | 2031-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                                      | Bank Leumi Le-Israel BM                                                                                                           | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $204576.00    | 0.49%             | 2033-07-18      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                                   | Hungary Government Bond                                                                                                           | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |  123150000 | PA      | $349615.37    | 0.84%             | 2028-10-22      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bonds   | Republic of South Africa Government International Bonds                                                                           | CUSIP: 836205AV6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     516000 | PA      | $343795.32    | 0.82%             | 2046-10-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                               | PURCHASED USD / SOLD EUR                                                                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-14842.37    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| PG&E CORP                                                 | PG&E Corp                                                                                                                         | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |      57000 | PA      | $55335.04     | 0.13%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NOVA ALEXANDRE III SAS                                    | Nova Alexandre III SAS                                                                                                            | CUSIP: 000000000<br>LEI: 969500J0AKOB1UHO6I65 | Long             | DBT              | CORP              | FR        |     100000 | PA      | $114352.20    | 0.27%             | 2029-07-15      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Egypt Government International Bonds                      | Egypt Government International Bonds                                                                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     760000 | PA      | $523260.00    | 1.25%             | 2048-02-21      | Fixed         | 7.90%                 | Yes           |                  2 | On Loan: No      |
| UKRAINE RAIL (RAIL CAPL)                                  | Ukraine Railways Via Rail Capital Markets PLC                                                                                     | CUSIP: 000000000<br>LEI: 213800IW9C7PR3HKI783 | Long             | DBT              | CORP              | GB        |     236403 | PA      | $205580.78    | 0.49%             | 2026-07-09      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                    | Cloud Software Group Inc                                                                                                          | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     106000 | PA      | $110570.51    | 0.26%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                                        | Saavi Energia Sarl                                                                                                                | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     341000 | PA      | $342705.00    | 0.82%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                  | Republic of South Africa Government International Bond                                                                            | CUSIP: 836205BF0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     400000 | PA      | $381265.79    | 0.91%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                  | Brazil Notas do Tesouro Nacional Serie F                                                                                          | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    5227000 | PA      | $831468.71    | 1.99%             | 2029-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| TURKIYE SINAI KALKINMA B                                  | Turkiye Sinai Kalkinma Bankasi AS                                                                                                 | CUSIP: 000000000<br>LEI: 549300MFCXK5HOOEWP84 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $200200.00    | 0.48%             | 2029-03-21      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                          | ITT Holdings LLC                                                                                                                  | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |     104000 | PA      | $94958.17     | 0.23%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                    | PURCHASED EUR / SOLD USD                                                                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |          1 | NC      | $-433.58      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BOI FINANCE BV                                            | BOI Finance BV                                                                                                                    | CUSIP: 000000000<br>LEI: 724500ZH3H2YACBUNF38 | Long             | DBT              | CORP              | NL        |     196000 | PA      | $217710.72    | 0.52%             | 2027-02-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                          | Deutsche Bank AG                                                                                                                  | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $130271.50    | 0.31%             | 2026-04-30      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| LCH Ltd.                                                  | Long: S22447140 IRS USD R F  3.46020 SL_2722447140_RECEIVE CCPOIS / Short: S22447140 IRS USD P V 00MSOFR SL_2722447140_PAY CCPOIS | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    2000000 | OU      | $10838.54     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                                              | Cimpress PLC                                                                                                                      | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |     150000 | PA      | $136863.81    | 0.33%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                   | Colombia Government International Bonds                                                                                           | CUSIP: 195325DQ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     200000 | PA      | $129102.55    | 0.31%             | 2049-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                       | NCL Corp Ltd                                                                                                                      | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     108000 | PA      | $107496.21    | 0.26%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PINEWOOD FINCO PLC                                        | Pinewood Finco PLC                                                                                                                | CUSIP: 000000000<br>LEI: 984500EF3F7CA63ND769 | Long             | DBT              | CORP              | GB        |     116000 | PA      | $153792.49    | 0.37%             | 2030-03-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                    | PURCHASED SGD / SOLD USD                                                                                                          | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | SG        |          1 | NC      | $14230.24     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                         | Iliad Holding SASU                                                                                                                | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |     200000 | PA      | $210966.40    | 0.50%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PRESTIGEBIDCO GMBH                                        | PrestigeBidCo GmbH                                                                                                                | CUSIP: 000000000<br>LEI: 529900CSF1DNOCHMI763 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $113759.89    | 0.27%             | 2029-07-01      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                    | Goodyear Tire & Rubber Co/The                                                                                                     | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |      59000 | PA      | $56118.26     | 0.13%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                                      | Cornerstone Building Brands Inc                                                                                                   | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |     151000 | PA      | $101285.94    | 0.24%             | 2029-01-15      | Fixed         | 6.13%                 | 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              |  | US        |      66000 | PA      | $70077.81     | 0.17%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Ltd                                    | Eskom Holdings SOC Ltd                                                                                                            | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |   28700000 | PA      | $480748.47    | 1.15%             | 2032-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                                | Grifols SA                                                                                                                        | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |     100000 | PA      | $106204.74    | 0.25%             | 2028-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GUARA NORTE SARL                                          | Guara Norte Sarl                                                                                                                  | CUSIP: 400666AA1<br>LEI: 549300U2I4L03BBA3485 | Long             | DBT              | CORP              | LU        |     159730 | PA      | $147991.70    | 0.35%             | 2034-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                     | Mineral Resources Ltd                                                                                                             | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    1200000 | PA      | $1139667.00   | 2.73%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                         | Lebanon Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     377000 | PA      | $64791.22     | 0.15%             | 2033-05-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                         | Ghana Government International Bond                                                                                               | CUSIP: 374422AL7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |       9240 | PA      | $8722.56      | 0.02%             | 2026-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                      | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     100000 | PA      | $94403.52     | 0.23%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                         | Iron Mountain Inc                                                                                                                 | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |      23000 | PA      | $22489.60     | 0.05%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                  | Builders FirstSource Inc                                                                                                          | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     105000 | PA      | $94564.24     | 0.23%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                                  | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $225958.36    | 0.54%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                     | Caesars Entertainment Inc                                                                                                         | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |       4000 | PA      | $4094.57      | 0.01%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                                                                         | CUSIP: 71568QAB3<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $350500.00    | 0.84%             | 2042-10-24      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IVORY COAST                                               | Ivory Coast Government International Bond                                                                                         | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     444000 | PA      | $377641.61    | 0.90%             | 2048-03-22      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                       | Travel + Leisure Co                                                                                                               | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |      80000 | PA      | $80450.11     | 0.19%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                  | Permian Resources Operating LLC                                                                                                   | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |      88000 | PA      | $85937.39     | 0.21%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TELECOMMUNICATIONS CO TE                                  | Telecommunications co Telekom Srbija AD Belgrade                                                                                  | CUSIP: 87945BAA8<br>LEI: 254900OVY0XI1DFYC092 | Long             | DBT              | CORP              | RS        |     200000 | PA      | $198267.20    | 0.47%             | 2029-10-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | PURCHASED USD / SOLD PLN                                                                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |          1 | NC      | $-9620.20     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CFAMC II CO LTD                                           | CFAMC II Co Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 549300BHVD63HE2GHX17 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $199468.00    | 0.48%             | 2025-11-19      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                  | Vistra Operations Co LLC                                                                                                          | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     126000 | PA      | $121161.05    | 0.29%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                              | US Foods Inc                                                                                                                      | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     245000 | PA      | $239979.41    | 0.57%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                  | Walgreens Boots Alliance Inc                                                                                                      | CUSIP: 931427AW8<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     171000 | PA      | $177916.78    | 0.43%             | 2029-08-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                       | Petroleos Mexicanos                                                                                                               | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1472700 | PA      | $71592.62     | 0.17%             | 2026-11-12      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| Argentina Republic Government International Bonds         | Argentina Republic Government International Bonds                                                                                 | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    1263623 | PA      | $821860.67    | 1.97%             | 2046-07-09      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                  | Kaisa Group Holdings Ltd                                                                                                          | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $8500.00      | 0.02%             | 2023-11-12      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| SYNTHOMER PLC                                             | Synthomer PLC                                                                                                                     | CUSIP: 000000000<br>LEI: 213800EHT3TI1KPQQJ56 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $107045.31    | 0.26%             | 2029-05-02      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                                                                  | CUSIP: 12543DBD1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |      79000 | PA      | $79039.26     | 0.19%             | 2027-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                      | Samarco Mineracao SA                                                                                                              | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     443040 | PA      | $416977.86    | 1.00%             | 2031-06-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| INTERNATIONAL CONTAINER                                   | International Container Terminal Services Inc                                                                                     | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | DBT              | CORP              | PH        |     260000 | PA      | $256540.42    | 0.61%             | 2030-06-17      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                    | Egypt Government International Bond                                                                                               | CUSIP: 03846JX54<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     400000 | PA      | $340472.00    | 0.81%             | 2032-05-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                  | Uruguay Government International Bond                                                                                             | CUSIP: 917288BD3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |   12619536 | PA      | $310660.14    | 0.74%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GRUENENTHAL GMBH                                          | Gruenenthal GmbH                                                                                                                  | CUSIP: 000000000<br>LEI: 529900SH895E31PGLA72 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $111023.88    | 0.27%             | 2031-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                                        | Braskem Idesa SAPI                                                                                                                | CUSIP: 000000000<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $143994.55    | 0.34%             | 2032-02-20      | Fixed         | 6.99%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                  | Univision Communications Inc                                                                                                      | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |      43000 | PA      | $41767.94     | 0.10%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Ecuador Government International Bonds                    | Ecuador Government International Bonds                                                                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     323500 | PA      | $194007.13    | 0.46%             | 2035-07-31      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                  | Yapi ve Kredi Bankasi AS                                                                                                          | CUSIP: 984848AT8<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     339000 | PA      | $334049.24    | 0.80%             | 2029-10-10      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY / RADIO SYS                                   | CD&R Smokey Buyer Inc / Radio Systems Corp                                                                                        | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      97000 | PA      | $83243.21     | 0.20%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| SAMMAAN CAPITAL LTD                                       | Sammaan Capital Ltd                                                                                                               | CUSIP: 000000000<br>LEI: 335800A2A3G53ZQZTQ21 | Long             | DBT              | CORP              | IN        |   50000000 | PA      | $575868.14    | 1.38%             | 2026-09-26      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MOTION FINCO SARL                                         | Motion Finco Sarl                                                                                                                 | CUSIP: 000000000<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $109973.84    | 0.26%             | 2030-06-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                      | Cleveland-Cliffs Inc                                                                                                              | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      42000 | PA      | $39458.40     | 0.09%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                                  | Camelot Return Merger Sub Inc                                                                                                     | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      98000 | PA      | $84986.75     | 0.20%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bonds                    | Dominican Republic International Bonds                                                                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1230000 | PA      | $1011121.50   | 2.42%             | 2060-01-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                    | Cloud Software Group Inc                                                                                                          | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |      59000 | PA      | $59438.35     | 0.14%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TRUENOORD CAPITAL DAC                                     | TrueNoord Capital DAC                                                                                                             | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     112000 | PA      | $114405.77    | 0.27%             | 2030-03-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                               | PURCHASED USD / SOLD EUR                                                                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |          1 | NC      | $-99176.45    | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| TRANSNET SOC LTD                                          | Transnet SOC Ltd                                                                                                                  | CUSIP: 89378TAD5<br>LEI: 378900B07CD6F01EA796 | Long             | DBT              | CORP              | ZA        |     200000 | PA      | $201275.00    | 0.48%             | 2028-02-06      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                                                                    | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      89000 | PA      | $88863.25     | 0.21%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                       | Petroleos Mexicanos                                                                                                               | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1472800 | PA      | $71597.48     | 0.17%             | 2026-11-12      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                                   | Turkiye Government Bond                                                                                                           | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   21935400 | PA      | $330248.88    | 0.79%             | 2027-09-15      | Fixed         | 10.28%                | No            |                  2 | On Loan: No      |
| PROJECT GRAND UK PLC                                      | Project Grand UK PLC                                                                                                              | CUSIP: 000000000<br>LEI: 984500555ED7B8666028 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $119278.96    | 0.29%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MHP Lux SA                                                | MHP Lux SA                                                                                                                        | CUSIP: 000000000<br>LEI: 222100RHC7R1WZ1J3M44 | Long             | DBT              | CORP              | LU        |     218000 | PA      | $201650.00    | 0.48%             | 2026-04-03      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| AFFINITY INTERACTIVE                                      | Affinity Interactive                                                                                                              | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     273000 | PA      | $195732.81    | 0.47%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                         | Ghana Government International Bond                                                                                               | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      93170 | PA      | $79525.25     | 0.19%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MITER BRAND / MIWD BORR                                   | Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC                                                                           | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     100000 | PA      | $100071.90    | 0.24%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Turkiye Government International Bonds                    | Turkiye Government International Bonds                                                                                            | CUSIP: 900123DG2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     471000 | PA      | $516771.78    | 1.24%             | 2033-01-19      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                  | Rogers Communications Inc                                                                                                         | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |      82000 | PA      | $82612.20     | 0.20%             | 2055-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                                               | Academy Ltd                                                                                                                       | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |     144000 | PA      | $143739.88    | 0.34%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                  | Vistra Operations Co LLC                                                                                                          | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      71000 | PA      | $75074.12     | 0.18%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                    | Oman Government International Bond                                                                                                | CUSIP: 68205LAT0<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1400000 | PA      | $1456369.60   | 3.48%             | 2051-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                  | Univision Communications Inc                                                                                                      | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     203000 | PA      | $191688.14    | 0.46%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                                   | Australia & New Zealand Banking Group Ltd                                                                                         | CUSIP: 000000000<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    1000000 | PA      | $684184.43    | 1.64%             | 2038-02-10      | Fixed         | 6.74%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                     | Nabors Industries Inc                                                                                                             | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     125000 | PA      | $84779.74     | 0.20%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ACCESS BANK PLC                                           | Access Bank PLC                                                                                                                   | CUSIP: 00434G2B5<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |     216000 | PA      | $207394.56    | 0.50%             | 2026-09-21      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                                    | Telecom Italia Capital SA                                                                                                         | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $204758.69    | 0.49%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                  | Clarios Global LP / Clarios US Finance Co                                                                                         | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      19000 | PA      | $19328.70     | 0.05%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                        | Dominican Republic International Bond                                                                                             | CUSIP: 25714PEW4<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   19200000 | PA      | $338522.02    | 0.81%             | 2035-09-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                   | Frontier Communications Holdings LLC                                                                                              | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      48000 | PA      | $47504.59     | 0.11%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GEORGIA                                       | Georgia Government International Bond                                                                                             | CUSIP: 37311PAB6<br>LEI: 2138007T8RLEVDMLQ257 | Long             | DBT              | NUSS              | GE        |     306000 | PA      | $293454.00    | 0.70%             | 2026-04-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                         | Iron Mountain Inc                                                                                                                 | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |      60000 | PA      | $57784.66     | 0.14%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                                      | OI European Group BV                                                                                                              | CUSIP: 000000000<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |     100000 | PA      | $116153.43    | 0.28%             | 2028-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                                      | Indonesia Treasury Bond                                                                                                           | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 6535000000 | PA      | $406870.67    | 0.97%             | 2040-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                                       | Malaysia Government Bond                                                                                                          | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    1100000 | PA      | $264687.36    | 0.63%             | 2031-06-30      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                       | Nigeria Government International Bond                                                                                             | CUSIP: 65412JAB9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     435000 | PA      | $308227.95    | 0.74%             | 2047-11-28      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| NAVOI MINING METALLURGIC                                  | Navoi Mining & Metallurgical Combinat                                                                                             | CUSIP: 63890CAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | UZ        |     200000 | PA      | $201467.80    | 0.48%             | 2031-10-17      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| INTL AIRPORT FINANCE SA                                   | International Airport Finance SA                                                                                                  | CUSIP: 45900TAA0<br>LEI: 959800M9M5LP0KXUP789 | Long             | DBT              | CORP              | ES        |     181821 | PA      | $194093.28    | 0.46%             | 2033-03-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| LHMC FINCO 2 SARL                                         | LHMC Finco 2 Sarl                                                                                                                 | CUSIP: 000000000<br>LEI: 254900VNJ7A4DAOPXL60 | Long             | DBT              | CORP              | LU        |       2943 | PA      | $3334.16      | 0.01%             | 2025-10-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                        | Leviathan Bond Ltd                                                                                                                | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     161323 | PA      | $158598.25    | 0.38%             | 2027-06-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                                    | MIWD Holdco II LLC / MIWD Finance Corp                                                                                            | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      41000 | PA      | $36948.00     | 0.09%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                  | Ford Motor Credit Co LLC                                                                                                          | CUSIP: 345397G98<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     200000 | PA      | $197600.77    | 0.47%             | 2032-03-19      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| DCLI BIDCO LLC                                            | Dcli Bidco LLC                                                                                                                    | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |     139000 | PA      | $129481.31    | 0.31%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                           | IHS Holding Ltd                                                                                                                   | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $192680.00    | 0.46%             | 2031-11-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                   | Hyundai Capital America                                                                                                           | CUSIP: 44891CBL6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     200000 | PA      | $209106.01    | 0.50%             | 2030-04-08      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                  | Rogers Communications Inc                                                                                                         | CUSIP: 775109BS9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     275000 | PA      | $267771.47    | 0.64%             | 2082-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                   | Royal Caribbean Cruises Ltd                                                                                                       | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      22000 | PA      | $21830.91     | 0.05%             | 2031-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Zambia Government International Bonds                     | Zambia Government International Bonds                                                                                             | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     206807 | PA      | $179653.55    | 0.43%             | 2033-06-30      | Variable      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                  | Hilcorp Energy I LP / Hilcorp Finance Co                                                                                          | CUSIP: 431318BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     102000 | PA      | $86680.22     | 0.21%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                  | Republic of South Africa Government Bond                                                                                          | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    8279700 | PA      | $344651.45    | 0.82%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHINA HUADIAN OVERSEAS                                    | China Huadian Overseas Development 2018 Ltd                                                                                       | CUSIP: 000000000<br>LEI: 254900VYKHYMLL9E9T73 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $198687.82    | 0.48%             | 2025-06-23      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| MAGNERA CORP                                              | Magnera Corp                                                                                                                      | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |     229000 | PA      | $216549.27    | 0.52%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT                                     | Banijay Entertainment SAS                                                                                                         | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |     200000 | PA      | $204960.93    | 0.49%             | 2029-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                          | CSC Holdings LLC                                                                                                                  | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     200000 | PA      | $163567.85    | 0.39%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                        | Bahrain Government International Bond                                                                                             | CUSIP: 05675M2D5<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     229000 | PA      | $211275.40    | 0.51%             | 2032-09-16      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| INDIA GREEN POWER HOLD                                    | India Green Power Holdings                                                                                                        | CUSIP: 45410LAA0<br>LEI: 254900I7N0GT4VVL6V29 | Long             | DBT              | CORP              | MU        |     173320 | PA      | $164978.23    | 0.39%             | 2027-02-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                        | Bahrain Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     210000 | PA      | $172206.30    | 0.41%             | 2051-01-25      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| RAY FINANCING LLC                                         | RAY Financing LLC                                                                                                                 | CUSIP: 000000000<br>LEI: 254900IA5MVMGDF40Z19 | Long             | DBT              | CORP              | US        |     100000 | PA      | $117335.14    | 0.28%             | 2031-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                          | Societe Generale SA                                                                                                               | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     200000 | PA      | $192600.96    | 0.46%             | 2026-05-26      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ISTANBUL METROPOLITAN MU                                  | Istanbul Metropolitan Municipality                                                                                                | CUSIP: 46522TAC2<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $212548.00    | 0.51%             | 2028-12-06      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| PUMA INTERNATIONAL FINAN                                  | Puma International Financing SA                                                                                                   | CUSIP: 74588YAB6<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |     331000 | PA      | $328517.50    | 0.79%             | 2029-04-25      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                      | Westpac Banking Corp                                                                                                              | CUSIP: 000000000<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     700000 | PA      | $485354.46    | 1.16%             | 2038-06-23      | Fixed         | 6.93%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                         | Ghana Government International Bond                                                                                               | CUSIP: 374422AN3<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      17339 | PA      | $13179.44     | 0.03%             | 2030-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP Paribas SA                                                                                                                    | CUSIP: 05565ALQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     200000 | PA      | $171004.42    | 0.41%             | 2030-02-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MATTERHORN TELECOM SA                                     | Matterhorn Telecom SA                                                                                                             | CUSIP: 000000000<br>LEI: 549300MTB0YI26SMUT22 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $112871.56    | 0.27%             | 2026-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Uruguay Government International Bonds                    | Uruguay Government International Bonds                                                                                            | CUSIP: 760942AS1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     146000 | PA      | $171958.80    | 0.41%             | 2036-03-21      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                                   | El Salvador Government International Bond                                                                                         | CUSIP: 283875CG5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     343000 | PA      | $339944.17    | 0.81%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                                       | Malaysia Government Bond                                                                                                          | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    1100000 | PA      | $255688.49    | 0.61%             | 2050-06-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| COGENT COMMS GRP / FIN                                    | Cogent Communications Group Inc / Cogent Communications Finance Inc                                                               | CUSIP: 19240WAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     150000 | PA      | $150474.30    | 0.36%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                                   | Consolidated Energy Finance SA                                                                                                    | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     150000 | PA      | $135221.49    | 0.32%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| CD&R FIREFLY BIDCO LTD                                    | CD&R Firefly Bidco PLC                                                                                                            | CUSIP: 000000000<br>LEI: 213800OAU5VX61DYZ558 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $135936.94    | 0.33%             | 2029-04-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| BENIN INTL GOV BOND                                       | Benin Government International Bond                                                                                               | CUSIP: 08205QAC2<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     200000 | PA      | $182800.00    | 0.44%             | 2041-01-23      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ACUSHNET CO                                               | Acushnet Co                                                                                                                       | CUSIP: 005095AA2<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |      88000 | PA      | $91060.99     | 0.22%             | 2028-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AES ESPANA BV                                             | AES Espana BV                                                                                                                     | CUSIP: 00109YAA3<br>LEI: 7245003VZ59682IZLJ86 | Long             | DBT              | CORP              | NL        |     202000 | PA      | $191395.00    | 0.46%             | 2028-05-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| VZ VENDOR FINANCING                                       | VZ Vendor Financing II BV                                                                                                         | CUSIP: 000000000<br>LEI: 724500DRKUUR3GFOSK76 | Long             | DBT              | CORP              | NL        |     100000 | PA      | $103032.75    | 0.25%             | 2029-01-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                                                                         | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      56000 | PA      | $58072.84     | 0.14%             | 2032-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds                      | Chile Government International Bonds                                                                                              | CUSIP: 168863DY1<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     719000 | PA      | $615248.30    | 1.47%             | 2042-03-07      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| ENERFLEX LTD                                              | Enerflex Ltd                                                                                                                      | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |     138000 | PA      | $141143.09    | 0.34%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                      | Cleveland-Cliffs Inc                                                                                                              | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      83000 | PA      | $79924.06     | 0.19%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                                     | Petroleos del Peru SA                                                                                                             | CUSIP: 716564AB5<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |     400000 | PA      | $245243.96    | 0.59%             | 2047-06-19      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                  | Hess Midstream Operations LP                                                                                                      | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     182000 | PA      | $170842.53    | 0.41%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED BANK FOR AFRICA P                                  | United Bank for Africa PLC                                                                                                        | CUSIP: 91339U2A1<br>LEI: 0292002067E3RH4D8768 | Long             | DBT              | CORP              | NG        |     380000 | PA      | $374300.00    | 0.90%             | 2026-11-19      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | PURCHASED USD / SOLD MXN                                                                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |          1 | NC      | $-32258.18    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| TELEFONICA EUROPE BV                                      | Telefonica Europe BV                                                                                                              | CUSIP: 000000000<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |     100000 | PA      | $110594.53    | 0.26%             | 2028-02-24      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                                  | Organon & Co / Organon Foreign Debt Co-Issuer BV                                                                                  | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $377177.04    | 0.90%             | 2034-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                                       | Malaysia Government Bond                                                                                                          | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |     800000 | PA      | $187657.94    | 0.45%             | 2034-07-05      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Angola Government International Bonds                     | Angola Government International Bonds                                                                                             | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     701000 | PA      | $487195.00    | 1.17%             | 2049-11-26      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: No      |
| MONITCHEM HOLDCO 3 S.A.                                   | Monitchem HoldCo 3 SA                                                                                                             | CUSIP: 000000000<br>LEI: 222100SJHJ1CNJMSW162 | Long             | DBT              | CORP              | LU        |     110000 | PA      | $123033.71    | 0.29%             | 2028-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| TULLOW OIL PLC                                            | Tullow Oil PLC                                                                                                                    | CUSIP: 000000000<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $314700.00    | 0.75%             | 2026-05-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                  | Hess Midstream Operations LP                                                                                                      | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      36000 | PA      | $36560.50     | 0.09%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                                                                            | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      93000 | PA      | $79936.75     | 0.19%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                   | Talen Energy Supply LLC                                                                                                           | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     124000 | PA      | $132427.69    | 0.32%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                                   | Energean Israel Finance Ltd                                                                                                       | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     230000 | PA      | $230322.00    | 0.55%             | 2033-09-30      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                                      | Indonesia Treasury Bond                                                                                                           | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |  780000000 | PA      | $46978.55     | 0.11%             | 2025-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                              | State Street Institutional U.S. Government Money Market Fund                                                                      | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |      27548 | NS      | $27547.50     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                                                                  | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |      26000 | PA      | $26845.21     | 0.06%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                                                                                | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      55000 | PA      | $56424.92     | 0.13%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CT INVESTMENT GMBH                                        | CT Investment GmbH                                                                                                                | CUSIP: 000000000<br>LEI: 529900VYBTC7HKBCNB72 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $116542.00    | 0.28%             | 2030-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                    | U.S. Treasury Notes                                                                                                               | CUSIP: 91282CJS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     739800 | PA      | $740684.29    | 1.77%             | 2025-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                                  | Albion Financing 1 SARL / Aggreko Holdings Inc                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     100000 | PA      | $113611.65    | 0.27%             | 2026-10-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                                    | TK Elevator Midco GmbH                                                                                                            | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |     100000 | PA      | $112978.73    | 0.27%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                                  | Perrigo Finance Unlimited Co                                                                                                      | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $190336.08    | 0.46%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                  | Long: S21661468 IRS USD R F  3.46020 2721661468_FIX CCPOIS / Short: S21661468 IRS USD P V 00MSOFR 2721661468_FLO CCPOIS           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    1750000 | OU      | $9483.72      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LIQUID TELECOM FINANCE                                    | Liquid Telecommunications Financing Plc                                                                                           | CUSIP: 536333AB3<br>LEI: 635400MXAVJRJJCWVI87 | Long             | DBT              | CORP              | GB        |     246000 | PA      | $201843.00    | 0.48%             | 2026-09-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | PURCHASED USD / SOLD GBP                                                                                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |          1 | NC      | $-58678.61    | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                         | Lebanon Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     284000 | PA      | $48649.20     | 0.12%             | 2028-03-20      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| State Street Global Advisors                              | State Street Institutional US Government Money Market Fund                                                                        | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    1899168 | NS      | $1899167.62   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LCH Ltd.                                                  | Long: B71731556 IRS USD R V 00MSOFR SL_2717315569_RECEIVE CCPOIS / Short: B71731556 IRS USD P F  3.46020 SL_2717315569_PAY CCPOIS | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    5000000 | OU      | $-27096.35    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                                  | New Enterprise Stone & Lime Co Inc                                                                                                | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     154000 | PA      | $149492.02    | 0.36%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MEGLOBAL CANADA ULC                                       | MEGlobal Canada ULC                                                                                                               | CUSIP: 58518N2B7<br>LEI: 635400MHHHT7LMKMQL03 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $199990.40    | 0.48%             | 2025-05-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                       | Petroleos Mexicanos                                                                                                               | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1063000 | PA      | $713937.28    | 1.71%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GEORGIAN RAILWAY JSC                                      | Georgian Railway JSC                                                                                                              | CUSIP: 000000000<br>LEI: 2138005UZV4ZT2B2ZO19 | Long             | DBT              | CORP              | GE        |     359000 | PA      | $317643.20    | 0.76%             | 2028-06-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                   | Royal Caribbean Cruises Ltd                                                                                                       | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      92000 | PA      | $92253.27     | 0.22%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                                   | Aethon United BR LP / Aethon United Finance Corp                                                                                  | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     140000 | PA      | $140566.02    | 0.34%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CCM MERGER INC                                            | CCM Merger Inc                                                                                                                    | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |     197000 | PA      | $197229.90    | 0.47%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                                   | Darling Ingredients Inc                                                                                                           | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     238000 | PA      | $237328.74    | 0.57%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                  | Indonesia Government International Bonds                                                                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     100000 | PA      | $120290.53    | 0.29%             | 2038-01-17      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                         | Lebanon Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     349000 | PA      | $59784.40     | 0.14%             | 2034-05-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| ICELAND BONDCO PLC                                        | Iceland Bondco PLC                                                                                                                | CUSIP: 000000000<br>LEI: 2138002DRBYIA8QXHO36 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $141030.92    | 0.34%             | 2027-12-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                   | KazMunayGas National Co JSC                                                                                                       | CUSIP: 48126PAA0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     200000 | PA      | $165689.00    | 0.40%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TBC BANK JSC                                              | TBC Bank JSC                                                                                                                      | CUSIP: 48128XAD5<br>LEI: 2138001MSA39Q44QTA18 | Long             | DBT              | CORP              | GE        |     200000 | PA      | $195502.12    | 0.47%             | 2029-07-30      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                  | Permian Resources Operating LLC                                                                                                   | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     111000 | PA      | $108546.73    | 0.26%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN                                   | Virgin Media Vendor Financing Notes III DAC                                                                                       | CUSIP: 92771EAA1<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |     100000 | PA      | $125207.23    | 0.30%             | 2028-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Qatar Government International Bonds                      | Qatar Government International Bonds                                                                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     576000 | PA      | $488194.56    | 1.17%             | 2050-04-16      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                  | Venture Global Calcasieu Pass LLC                                                                                                 | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     114000 | PA      | $114031.35    | 0.27%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                                                                  | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     177000 | PA      | $151007.98    | 0.36%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                          | Altice France SA                                                                                                                  | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     100000 | PA      | $91449.36     | 0.22%             | 2029-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| MEDCO LAUREL TREE                                         | Medco Laurel Tree Pte Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 254900SX7FFGRREZD046 | Long             | DBT              | CORP              | SG        |     221000 | PA      | $216578.71    | 0.52%             | 2028-11-12      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                                    | Republic of Uzbekistan International Bond                                                                                         | CUSIP: 91822Q2C0<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     252000 | PA      | $216417.60    | 0.52%             | 2030-11-25      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SATURN OIL & GAS INC                                      | Saturn Oil & Gas Inc                                                                                                              | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |      89000 | PA      | $80648.90     | 0.19%             | 2029-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                      | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     183000 | PA      | $165607.69    | 0.40%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                         | Iron Mountain Inc                                                                                                                 | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |      30000 | PA      | $29945.12     | 0.07%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                                    | Republic of Poland Government Bond                                                                                                | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    1894000 | PA      | $408877.71    | 0.98%             | 2032-04-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF UZBEKIS                                  | National Bank of Uzbekistan                                                                                                       | CUSIP: 000000000<br>LEI: 253400TZJ7T1YULTGN68 | Long             | DBT              | NUSS              | UZ        |     200000 | PA      | $204055.83    | 0.49%             | 2029-07-05      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| HT TROPLAST AG                                            | HT Troplast GmbH                                                                                                                  | CUSIP: 000000000<br>LEI: 529900Y2N2GAY3FXGP86 | Long             | DBT              | CORP              | DE        |     110000 | PA      | $125722.62    | 0.30%             | 2028-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ASSEMBLIN CAVERION GROUP                                  | Assemblin Caverion Group AB                                                                                                       | CUSIP: 000000000<br>LEI: 636700ULD38LN63RC248 | Long             | DBT              | CORP              | SE        |     100000 | PA      | $112162.05    | 0.27%             | 2031-07-01      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                 | Olin Corp                                                                                                                         | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     110000 | PA      | $104373.72    | 0.25%             | 2033-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| DELCO SERIES A 1 NOTES                                    | DELCO SERIES A 1 NOTES                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |      73666 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| IHO VERWALTUNGS GMBH                                      | IHO Verwaltungs GmbH                                                                                                              | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     103347 | PA      | $122265.87    | 0.29%             | 2028-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                  | Graphic Packaging International LLC                                                                                               | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     149000 | PA      | $149733.26    | 0.36%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TITULOS DE TESORERIA                                      | Colombian TES                                                                                                                     | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 2757800000 | PA      | $496990.47    | 1.19%             | 2042-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                                                                            | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      63000 | PA      | $60751.90     | 0.15%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ECOBANK TRANSNATIONAL                                     | Ecobank Transnational Inc                                                                                                         | CUSIP: 27889PAC7<br>LEI: 213800USCE9Y111R4656 | Long             | DBT              | CORP              | TG        |     200000 | PA      | $206800.00    | 0.49%             | 2029-10-15      | Fixed         | 10.13%                | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                                            | TransAlta Corp                                                                                                                    | CUSIP: 89346DAH0<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |      98000 | PA      | $102068.29    | 0.24%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BRF SA                                                    | BRF SA                                                                                                                            | CUSIP: 10552TAH0<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $161756.50    | 0.39%             | 2050-09-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                                     | Minerva Luxembourg SA                                                                                                             | CUSIP: 603374AH2<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $213335.60    | 0.51%             | 2033-09-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| OAS SA WTS                                                | OAS SA WTS                                                                                                                        | CUSIP: 000000000<br>LEI: 549300O0M58XBX4UN158 | N/A              | DE               |  | BR        |      61465 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| KERNEL HOLDING SA                                         | Kernel Holding SA                                                                                                                 | CUSIP: 49229QAC8<br>LEI: 5493003GR6L4DZOS2U12 | Long             | DBT              | CORP              | LU        |     206000 | PA      | $184568.60    | 0.44%             | 2027-10-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Republic of Iraq                                          | Iraq International Bond                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |     390750 | PA      | $378727.40    | 0.91%             | 2028-01-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| SOVCOMBANK (SOVCOM CAPT)                                  | Sovcombank Via SovCom Capital DAC                                                                                                 | CUSIP: 84605LAB2<br>LEI: 635400EQFFCXMNLYU680 | Long             | DBT              | CORP              | IE        |     250000 | PA      | $0.00         | 0.00%             | 2030-05-06      | Fixed         | 7.75%                 | No            |                  3 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                                                                          | CUSIP: 15089QAX2<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     128000 | PA      | $127955.31    | 0.31%             | 2030-11-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                         | Owens & Minor Inc                                                                                                                 | CUSIP: 690732AH5<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |      43000 | PA      | $44381.03     | 0.11%             | 2030-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                      | Westpac Banking Corp                                                                                                              | CUSIP: 000000000<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     300000 | PA      | $210837.72    | 0.50%             | 2038-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                      | Chart Industries Inc                                                                                                              | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |      90000 | PA      | $93373.96     | 0.22%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                                  | MajorDrive Holdings IV LLC                                                                                                        | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |     225000 | PA      | $165520.10    | 0.40%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                               | Staples Inc                                                                                                                       | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |     137000 | PA      | $118698.83    | 0.28%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                                  | First Quantum Minerals Ltd                                                                                                        | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $202710.80    | 0.48%             | 2031-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-16

**Name of Applicant:** ABRDN GLOBAL INCOME FUND, INC.

**Signature:** Sharon Ferrari

**Name of Signer:** Sharon Ferrari

**Title:** Assistant Treasurer