# EDGAR Filing Document

**Accession Number:** 0000917469
**File Stem:** 0001752724-25-211963
**Filing Date:** 2025-8
**Character Count:** 420595
**Document Hash:** 0487ca7288efc4974f23234981e4e807
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-211963.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-211963

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **CENTRAL INDEX KEY:** 0000917469

**ORGANIZATION NAME:**
- **EIN:** 043219179
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08282
- **FILM NUMBER:** 251276025

**BUSINESS ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-449-2810

**MAIL ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **DATE OF NAME CHANGE:** 20031119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 20031015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **DATE OF NAME CHANGE:** 20030718

## Series and Classes Contracts Data

### Loomis Sayles Fixed Income Fund (Series ID: S000006640)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000018126 | Institutional Class | LSFIX           |

## Nport-Ex

**Portfolio of Investments – as of June 30, 2025 (Unaudited)**

Loomis Sayles Fixed Income Fund

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

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Amount** <br>| **Description** | **Value (†)** |
| **Bonds and Notes — 87.3% of Net Assets** | **Bonds and Notes — 87.3% of Net Assets** | **Bonds and Notes — 87.3% of Net Assets** |
| **Non-Convertible Bonds — 85.5%** | **Non-Convertible Bonds — 85.5%** | **Non-Convertible Bonds — 85.5%** |
|  | **ABS Car Loan — 3.3%** | **ABS Car Loan — 3.3%** |
| $500000 | &nbsp;&nbsp; American Credit Acceptance Receivables Trust, <br> Series 2023-4, Class D, 7.650%, 9/12/2030(a)<br>| &nbsp;&nbsp; $519044 |
| 200000 | &nbsp;&nbsp; American Credit Acceptance Receivables Trust, <br> Series 2024-4, Class D, 5.340%, 8/12/2031(a)<br>| &nbsp;&nbsp; 200926 |
| 200000 | &nbsp;&nbsp; American Credit Acceptance Receivables Trust, <br> Series 2025-1, Class D, 5.540%, 8/12/2031(a)<br>| &nbsp;&nbsp; 201431 |
| 685000 | &nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, <br> Series 2020-2A, Class A, 2.020%, 2/20/2027(a)<br>| &nbsp;&nbsp; 677110 |
| 175000 | &nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, <br> Series 2023-1A, Class D, 7.590%, 4/20/2029(a)<br>| &nbsp;&nbsp; 174990 |
| 115000 | &nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, <br> Series 2023-4A, Class D, 7.310%, 6/20/2029(a)<br>| &nbsp;&nbsp; 116501 |
| 250000 | &nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, <br> Series 2023-5A, Class D, 7.350%, 4/20/2028(a)<br>| &nbsp;&nbsp; 252289 |
| 125000 | &nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, <br> Series 2023-8A, Class C, 7.340%, 2/20/2030(a)<br>| &nbsp;&nbsp; 132048 |
| 100000 | &nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, <br> Series 2024-1A, Class C, 6.480%, 6/20/2030(a)<br>| &nbsp;&nbsp; 102947 |
| 985000 | &nbsp;&nbsp; Bridgecrest Lending Auto Securitization Trust, <br> Series 2023-1, Class D, 7.840%, 8/15/2029<br>| &nbsp;&nbsp; 1037215 |
| 705000 | &nbsp;&nbsp; Bridgecrest Lending Auto Securitization Trust, <br> Series 2024-2, Class D, 6.300%, 2/15/2030<br>| &nbsp;&nbsp; 722852 |
| 100000 | &nbsp;&nbsp; CarMax Auto Owner Trust, Series 2022-1, Class D, <br> 2.470%, 7/17/2028<br>| &nbsp;&nbsp; 98386 |
| 200000 | &nbsp;&nbsp; CarMax Auto Owner Trust, Series 2023-4, Class D, <br> 7.160%, 4/15/2030<br>| &nbsp;&nbsp; 209108 |
| 100000 | &nbsp;&nbsp; CarMax Auto Owner Trust, Series 2024-1, Class D, <br> 6.000%, 7/15/2030<br>| &nbsp;&nbsp; 102345 |
| 260000 | &nbsp;&nbsp; Carvana Auto Receivables Trust, Series 2023-N1, <br> Class D, 6.690%, 7/10/2029(a)<br>| &nbsp;&nbsp; 265174 |
| 100000 | &nbsp;&nbsp; Carvana Auto Receivables Trust, Series 2023-N4, <br> Class D, 7.220%, 2/11/2030(a)<br>| &nbsp;&nbsp; 104703 |
| 100000 | &nbsp;&nbsp; Carvana Auto Receivables Trust, Series 2024-N1, <br> Class D, 6.300%, 5/10/2030(a)<br>| &nbsp;&nbsp; 102486 |
| 300000 | &nbsp;&nbsp; Carvana Auto Receivables Trust, Series 2024-N3, <br> Class D, 5.380%, 12/10/2030(a)<br>| &nbsp;&nbsp; 302779 |
| 165000 | &nbsp;&nbsp; Credit Acceptance Auto Loan Trust, <br> Series 2024-1A, Class C, 6.710%, 7/17/2034(a)<br>| &nbsp;&nbsp; 171330 |
| 220000 | &nbsp;&nbsp; Credit Acceptance Auto Loan Trust, <br> Series 2024-2A, Class C, 6.700%, 10/16/2034(a)<br>| &nbsp;&nbsp; 228446 |
| 200000 | &nbsp;&nbsp; Credit Acceptance Auto Loan Trust, <br> Series 2024-3A, Class C, 5.390%, 1/16/2035(a)<br>| &nbsp;&nbsp; 204750 |
| 385000 | &nbsp;&nbsp; DT Auto Owner Trust, Series 2023-3A, Class D, <br> 7.120%, 5/15/2029(a)<br>| &nbsp;&nbsp; 399893 |
| 133133 | &nbsp;&nbsp; Exeter Automobile Receivables Trust, <br> Series 2022-6A, Class C, 6.320%, 5/15/2028<br>| &nbsp;&nbsp; 133764 |
| 335000 | &nbsp;&nbsp; Exeter Automobile Receivables Trust, <br> Series 2023-2A, Class D, 6.320%, 8/15/2029<br>| &nbsp;&nbsp; 340943 |
| 160000 | &nbsp;&nbsp; Exeter Automobile Receivables Trust, <br> Series 2023-3A, Class D, 6.680%, 4/16/2029<br>| &nbsp;&nbsp; 163370 |
| 680000 | &nbsp;&nbsp; Exeter Automobile Receivables Trust, <br> Series 2023-5A, Class D, 7.130%, 2/15/2030<br>| &nbsp;&nbsp; 707019 |
| 300000 | &nbsp;&nbsp; Exeter Automobile Receivables Trust, <br> Series 2024-5A, Class D, 5.060%, 2/18/2031<br>| &nbsp;&nbsp; 298883 |
| 485000 | &nbsp;&nbsp; Exeter Automobile Receivables Trust, <br> Series 2025-1A, Class D, 5.490%, 5/15/2031<br>| &nbsp;&nbsp; 498087 |
| 215000 | &nbsp;&nbsp; First Investors Auto Owner Trust, Series 2022-2A, <br> Class D, 8.710%, 10/16/2028(a)<br>| &nbsp;&nbsp; 223670 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Car Loan — continued** | **ABS Car Loan — continued** |
| $435000 | &nbsp;&nbsp; Flagship Credit Auto Trust, Series 2021-2, Class D, <br> 1.590%, 6/15/2027(a)<br>| &nbsp;&nbsp; $424467 |
| 200000 | &nbsp;&nbsp; Ford Credit Auto Lease Trust, Series 2023-B, <br> Class D, 6.970%, 6/15/2028<br>| &nbsp;&nbsp; 202753 |
| 72734 | &nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Series 2021-1A, <br> Class D, 1.680%, 1/15/2027(a)<br>| &nbsp;&nbsp; 72643 |
| 255000 | &nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Series 2023-2A, <br> Class D, 6.310%, 3/15/2029(a)<br>| &nbsp;&nbsp; 261783 |
| 305000 | &nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Series 2023-4A, <br> Class D, 7.180%, 8/15/2029(a)<br>| &nbsp;&nbsp; 317116 |
| 200000 | &nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Series 2024-1A, <br> Class D, 5.950%, 12/17/2029(a)<br>| &nbsp;&nbsp; 204088 |
| 215000 | &nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Series 2024-2A, <br> Class D, 6.190%, 2/15/2030(a)<br>| &nbsp;&nbsp; 220392 |
| 75000 | &nbsp;&nbsp; GLS Auto Select Receivables Trust, Series 2024-2A, <br> Class C, 5.930%, 6/17/2030(a)<br>| &nbsp;&nbsp; 77127 |
| 255000 | &nbsp;&nbsp; Hertz Vehicle Financing III LLC, Series 2023-1A, <br> Class 1D, 9.130%, 6/25/2027(a)<br>| &nbsp;&nbsp; 257896 |
| 227500 | &nbsp;&nbsp; Hertz Vehicle Financing LLC, Series 2022-4A, <br> Class D, 6.560%, 9/25/2026(a)<br>| &nbsp;&nbsp; 227442 |
| 135000 | &nbsp;&nbsp; LAD Auto Receivables Trust, Series 2023-4A, <br> Class C, 6.760%, 3/15/2029(a)<br>| &nbsp;&nbsp; 139674 |
| 75000 | &nbsp;&nbsp; LAD Auto Receivables Trust, Series 2023-4A, <br> Class D, 7.370%, 4/15/2031(a)<br>| &nbsp;&nbsp; 78699 |
| 100000 | &nbsp;&nbsp; LAD Auto Receivables Trust, Series 2024-1A, <br> Class B, 5.330%, 2/15/2029(a)<br>| &nbsp;&nbsp; 101372 |
| 100000 | &nbsp;&nbsp; LAD Auto Receivables Trust, Series 2024-1A, <br> Class C, 5.640%, 6/15/2029(a)<br>| &nbsp;&nbsp; 101726 |
| 100000 | &nbsp;&nbsp; LAD Auto Receivables Trust, Series 2024-3A, <br> Class C, 4.930%, 3/15/2030(a)<br>| &nbsp;&nbsp; 100420 |
| 100000 | &nbsp;&nbsp; LAD Auto Receivables Trust, Series 2024-3A, <br> Class D, 5.180%, 2/17/2032(a)<br>| &nbsp;&nbsp; 100108 |
| 456761 | &nbsp;&nbsp; Merchants Fleet Funding LLC, Series 2023-1A, <br> Class A, 7.210%, 5/20/2036(a)<br>| &nbsp;&nbsp; 460231 |
| 250000 | &nbsp;&nbsp; Merchants Fleet Funding LLC, Series 2023-1A, <br> Class D, 8.200%, 5/20/2036(a)<br>| &nbsp;&nbsp; 254228 |
| 635000 | &nbsp;&nbsp; Prestige Auto Receivables Trust, Series 2022-1A, <br> Class D, 8.080%, 8/15/2028(a)<br>| &nbsp;&nbsp; 652382 |
| 100000 | &nbsp;&nbsp; Prestige Auto Receivables Trust, Series 2023-2A, <br> Class D, 7.710%, 8/15/2029(a)<br>| &nbsp;&nbsp; 104211 |
| 100000 | &nbsp;&nbsp; VStrong Auto Receivables Trust, Series 2024-A, <br> Class B, 5.770%, 7/15/2030(a)<br>| &nbsp;&nbsp; 101485 |
| 100000 | &nbsp;&nbsp; VStrong Auto Receivables Trust, Series 2024-A, <br> Class D, 7.290%, 7/15/2030(a)<br>| &nbsp;&nbsp; 103907 |
| 200000 | &nbsp;&nbsp; Westlake Automobile Receivables Trust, <br> Series 2023-1A, Class D, 6.790%, 11/15/2028(a)<br>| &nbsp;&nbsp; 204408 |
| 640000 | &nbsp;&nbsp; Westlake Automobile Receivables Trust, <br> Series 2023-4A, Class D, 7.190%, 7/16/2029(a)<br>| &nbsp;&nbsp; 666354 |
| 100000 | &nbsp;&nbsp; Westlake Automobile Receivables Trust, <br> Series 2024-2A, Class D, 5.910%, 4/15/2030(a)<br>| &nbsp;&nbsp; 101504 |
| 200000 | &nbsp;&nbsp; Westlake Automobile Receivables Trust, <br> Series 2025-1A, Class D, 5.540%, 11/15/2030(a)<br>| &nbsp;&nbsp; 203573 |
|  |  | &nbsp;&nbsp; 14432478 |
|  | **ABS Credit Card — 0.5%** | **ABS Credit Card — 0.5%** |
| 670000 | &nbsp;&nbsp; Mercury Financial Credit Card Master Trust, <br> Series 2024-2A, Class A, 6.560%, 7/20/2029(a)<br>| &nbsp;&nbsp; 676537 |
| 380000 | &nbsp;&nbsp; Mission Lane Credit Card Master Trust, <br> Series 2023-B, Class A, 7.690%, 11/15/2028(a)<br>| &nbsp;&nbsp; 380358 |
| 385000 | &nbsp;&nbsp; Mission Lane Credit Card Master Trust, <br> Series 2024-A, Class B, 6.590%, 8/15/2029(a)<br>| &nbsp;&nbsp; 388028 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Credit Card — continued** | **ABS Credit Card — continued** |
| $485000 | &nbsp;&nbsp; Mission Lane Credit Card Master Trust, <br> Series 2024-B, Class A, 5.880%, 1/15/2030(a)<br>| &nbsp;&nbsp; $488855 |
| 385000 | &nbsp;&nbsp; Mission Lane Credit Card Master Trust, <br> Series 2025-A, Class A, 5.800%, 5/15/2030(a)<br>| &nbsp;&nbsp; 387435 |
|  |  | &nbsp;&nbsp; 2321213 |
|  | **ABS Home Equity — 3.4%** | **ABS Home Equity — 3.4%** |
| 273971 | &nbsp;&nbsp; ATLX Trust, Series 2024-RPL2, Class A1, <br> 3.850%, 4/25/2063(a)(b)<br>| &nbsp;&nbsp; 262831 |
| 210000 | &nbsp;&nbsp; CoreVest American Finance Ltd., Series 2021-1, <br> Class C, 2.800%, 4/15/2053(a)<br>| &nbsp;&nbsp; 189913 |
| 150000 | &nbsp;&nbsp; CoreVest American Finance Ltd., Series 2021-3, <br> Class D, 3.469%, 10/15/2054(a)<br>| &nbsp;&nbsp; 134273 |
| 510000 | &nbsp;&nbsp; CoreVest American Finance Ltd., Series 2023-RTL1, <br> Class A1, 7.553%, 12/28/2030(a)(b)<br>| &nbsp;&nbsp; 514123 |
| 994058 | &nbsp;&nbsp; Credit Suisse Mortgage Trust, Series 2021-RPL4, <br> Class A1, 4.118%, 12/27/2060(a)(b)<br>| &nbsp;&nbsp; 990051 |
| 675000 | &nbsp;&nbsp; FirstKey Homes Trust, Series 2021-SFR1, Class E1, <br> 2.389%, 8/17/2038(a)<br>| &nbsp;&nbsp; 651528 |
| 315000 | &nbsp;&nbsp; FirstKey Homes Trust, Series 2021-SFR2, Class E1, <br> 2.258%, 9/17/2038(a)<br>| &nbsp;&nbsp; 302367 |
| 205000 | &nbsp;&nbsp; FirstKey Homes Trust, Series 2021-SFR2, Class E2, <br> 2.358%, 9/17/2038(a)<br>| &nbsp;&nbsp; 196776 |
| 300000 | &nbsp;&nbsp; FirstKey Homes Trust, Series 2022-SFR2, Class D, <br> 4.500%, 7/17/2039(a)<br>| &nbsp;&nbsp; 293872 |
| 168542 | &nbsp;&nbsp; GCAT Trust, Series 2019-RPL1, Class A1, <br> 2.650%, 10/25/2068(a)(b)<br>| &nbsp;&nbsp; 163344 |
| 83134 | &nbsp;&nbsp; Home Partners of America Trust, Series 2021-1, <br> Class E, 2.577%, 9/17/2041(a)<br>| &nbsp;&nbsp; 71382 |
| 796730 | &nbsp;&nbsp; Home Partners of America Trust, Series 2021-2, <br> Class E1, 2.852%, 12/17/2026(a)<br>| &nbsp;&nbsp; 763567 |
| 412764 | &nbsp;&nbsp; Home Partners of America Trust, Series 2021-2, <br> Class E2, 2.952%, 12/17/2026(a)<br>| &nbsp;&nbsp; 393967 |
| 1215000 | &nbsp;&nbsp; Legacy Mortgage Asset Trust, Series 2020-RPL1, <br> Class A2, 3.250%, 9/25/2059(a)(b)<br>| &nbsp;&nbsp; 1097675 |
| 438838 | &nbsp;&nbsp; Legacy Mortgage Asset Trust, Series 2021-GS2, <br> Class A1, 5.750%, 4/25/2061(a)(b)<br>| &nbsp;&nbsp; 438736 |
| 115000 | &nbsp;&nbsp; Mill City Mortgage Loan Trust, Series 2019-GS1, <br> Class M2, 3.250%, 7/25/2059(a)(b)<br>| &nbsp;&nbsp; 103521 |
| 580000 | &nbsp;&nbsp; New Residential Mortgage Loan Trust, <br> Series 2024-RTL1, Class A1, 6.664%, 3/25/2039(a)(b)<br>| &nbsp;&nbsp; 584450 |
| 665000 | &nbsp;&nbsp; NYMT Loan Trust, Series 2024-BPL2, Class A1, <br> 6.509%, 5/25/2039(a)(b)<br>| &nbsp;&nbsp; 672126 |
| 315000 | &nbsp;&nbsp; NYMT Loan Trust, Series 2024-BPL3, Class A1, <br> 5.268%, 9/25/2039(a)(b)<br>| &nbsp;&nbsp; 313885 |
| 261154 | &nbsp;&nbsp; NYMT Loan Trust, Series 2024-CP1, Class A1, <br> 3.750%, 2/25/2068(a)(b)<br>| &nbsp;&nbsp; 244782 |
| 495852 | &nbsp;&nbsp; PRET LLC, Series 2024-NPL8, Class A1, <br> 5.963%, 11/25/2054(a)(b)<br>| &nbsp;&nbsp; 496069 |
| 240000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR3, <br> Class E1, 2.538%, 5/17/2026(a)<br>| &nbsp;&nbsp; 235989 |
| 200000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR3, <br> Class E2, 2.688%, 5/17/2026(a)<br>| &nbsp;&nbsp; 196735 |
| 125000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR4, <br> Class E1, 2.409%, 5/17/2038(a)<br>| &nbsp;&nbsp; 122651 |
| 100000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR4, <br> Class E2, 2.559%, 5/17/2038(a)<br>| &nbsp;&nbsp; 98091 |
| 295000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR5, <br> Class E1, 2.209%, 7/17/2038(a)<br>| &nbsp;&nbsp; 285656 |
| 100000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR5, <br> Class E2, 2.359%, 7/17/2038(a)<br>| &nbsp;&nbsp; 96861 |
| 380000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR6, <br> Class E1, 2.425%, 7/17/2038(a)<br>| &nbsp;&nbsp; 369807 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Home Equity — continued** | **ABS Home Equity — continued** |
| $200000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR6, <br> Class E2, 2.525%, 7/17/2038(a)<br>| &nbsp;&nbsp; $194732 |
| 340000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR7, <br> Class E1, 2.591%, 8/17/2040(a)<br>| &nbsp;&nbsp; 313218 |
| 100000 | &nbsp;&nbsp; Progress Residential Trust, Series 2021-SFR7, <br> Class E2, 2.640%, 8/17/2040(a)<br>| &nbsp;&nbsp; 91456 |
| 376757 | &nbsp;&nbsp; PRPM LLC, Series 2024-2, Class A1, <br> 7.026%, 3/25/2029(a)(b)<br>| &nbsp;&nbsp; 381520 |
| 110273 | &nbsp;&nbsp; PRPM LLC, Series 2024-5, Class A1, <br> 5.689%, 9/25/2029(a)(b)<br>| &nbsp;&nbsp; 110694 |
| 252611 | &nbsp;&nbsp; PRPM LLC, Series 2024-7, Class A1, <br> 5.870%, 11/25/2029(a)(b)<br>| &nbsp;&nbsp; 252537 |
| 102126 | &nbsp;&nbsp; PRPM LLC, Series 2025-2, Class A1, <br> 6.469%, 5/25/2030(a)(b)<br>| &nbsp;&nbsp; 102962 |
| 402933 | &nbsp;&nbsp; RCO VIII Mortgage LLC, Series 2025-3, Class A1, <br> 6.435%, 5/25/2030(a)(b)<br>| &nbsp;&nbsp; 407303 |
| 234604 | &nbsp;&nbsp; Redwood Funding Trust, Series 2023-1, Class A, <br> 7.500%, 7/25/2059(a)(b)<br>| &nbsp;&nbsp; 233721 |
| 353473 | &nbsp;&nbsp; Redwood Funding Trust, Series 2024-1, Class A, <br> 7.745%, 12/25/2054(a)(b)<br>| &nbsp;&nbsp; 358397 |
| 618160 | &nbsp;&nbsp; Redwood Funding Trust, Series 2025-1, Class A, <br> 7.584%, 5/27/2055(a)(b)<br>| &nbsp;&nbsp; 640089 |
| 730000 | &nbsp;&nbsp; Roc Mortgage Trust, Series 2024-RTL1, Class A1, <br> 5.589%, 10/25/2039(a)(b)<br>| &nbsp;&nbsp; 729610 |
| 130000 | &nbsp;&nbsp; Toorak Mortgage Trust, Series 2024-RRTL1, <br> Class A1, 6.597%, 2/25/2039(a)(b)<br>| &nbsp;&nbsp; 130793 |
| 765000 | &nbsp;&nbsp; TVC Mortgage Trust, Series 2024-RRTL1, Class A1, <br> 5.545%, 7/25/2039(a)(b)<br>| &nbsp;&nbsp; 764203 |
| 22013 | &nbsp;&nbsp; VOLT XCVI LLC, Series 2021-NPL5, Class A1, <br> 6.116%, 3/27/2051(a)(b)<br>| &nbsp;&nbsp; 22006 |
|  |  | &nbsp;&nbsp; 15018269 |
|  | **ABS Other — 6.2%** | **ABS Other — 6.2%** |
| 991061 | &nbsp;&nbsp; AASET Ltd., Series 2024-2A, Class A, <br> 5.930%, 9/16/2049(a)<br>| &nbsp;&nbsp; 1009411 |
| 380000 | &nbsp;&nbsp; Affirm Asset Securitization Trust, Series 2023-B, <br> Class A, 6.820%, 9/15/2028(a)<br>| &nbsp;&nbsp; 381680 |
| 335000 | &nbsp;&nbsp; Affirm Asset Securitization Trust, Series 2024-A, <br> Class B, 5.930%, 2/15/2029(a)<br>| &nbsp;&nbsp; 336489 |
| 85431 | &nbsp;&nbsp; Affirm Asset Securitization Trust, Series 2024-X2, <br> Class A, 5.220%, 12/17/2029(a)<br>| &nbsp;&nbsp; 85548 |
| 125000 | &nbsp;&nbsp; Affirm Asset Securitization Trust, Series 2024-X2, <br> Class D, 6.080%, 12/17/2029(a)<br>| &nbsp;&nbsp; 125846 |
| 470098 | &nbsp;&nbsp; ALTDE Trust, Series 2025-1A, Class A, <br> 5.900%, 8/15/2050(a)<br>| &nbsp;&nbsp; 479493 |
| 1510000 | &nbsp;&nbsp; Applebee's Funding LLC/IHOP Funding LLC, <br> Series 2025-1A, Class A2, 6.720%, 6/07/2055(a)<br>| &nbsp;&nbsp; 1502719 |
| 94082 | &nbsp;&nbsp; Aqua Finance Trust, Series 2019-A, Class C, <br> 4.010%, 7/16/2040(a)<br>| &nbsp;&nbsp; 91902 |
| 160000 | &nbsp;&nbsp; Aqua Finance Trust, Series 2021-A, Class B, <br> 2.400%, 7/17/2046(a)<br>| &nbsp;&nbsp; 147056 |
| 400000 | &nbsp;&nbsp; BHG Securitization Trust, Series 2023-B, Class B, <br> 7.450%, 12/17/2036(a)<br>| &nbsp;&nbsp; 415202 |
| 195000 | &nbsp;&nbsp; BHG Securitization Trust, Series 2024-1CON, <br> Class B, 6.490%, 4/17/2035(a)<br>| &nbsp;&nbsp; 199633 |
| 100000 | &nbsp;&nbsp; BHG Securitization Trust, Series 2024-1CON, <br> Class C, 6.860%, 4/17/2035(a)<br>| &nbsp;&nbsp; 102593 |
| 130000 | &nbsp;&nbsp; BHG Securitization Trust, Series 2025-1CON, <br> Class B, 5.260%, 4/17/2036(a)<br>| &nbsp;&nbsp; 130444 |
| 555741 | &nbsp;&nbsp; CAL Funding IV Ltd., Series 2020-1A, Class A, <br> 2.220%, 9/25/2045(a)<br>| &nbsp;&nbsp; 524364 |
| 208094 | &nbsp;&nbsp; Castlelake Aircraft Securitization Trust, <br> Series 2018-1, Class B, 5.300%, 6/15/2043(a)<br>| &nbsp;&nbsp; 192742 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Other — continued** | **ABS Other — continued** |
| $184937 | &nbsp;&nbsp; Castlelake Aircraft Structured Trust, <br> Series 2019-1A, Class A, 3.967%, 4/15/2039(a)<br>| &nbsp;&nbsp; $175480 |
| 525000 | &nbsp;&nbsp; CLI Funding VIII LLC, Series 2025-R, Class A, <br> 6.610%, 6/21/2050(a)<br>| &nbsp;&nbsp; 518565 |
| 420000 | &nbsp;&nbsp; Compass Datacenters Issuer II LLC, <br> Series 2025-1A, Class A1, 5.316%, 5/25/2050(a)<br>| &nbsp;&nbsp; 425254 |
| 430000 | &nbsp;&nbsp; Compass Datacenters Issuer III LLC, <br> Series 2025-1A, Class A2, 5.656%, 2/25/2050(a)<br>| &nbsp;&nbsp; 433544 |
| 160000 | &nbsp;&nbsp; Compass Datacenters Issuer III LLC, <br> Series 2025-1A, Class A3, 5.852%, 2/25/2050(a)<br>| &nbsp;&nbsp; 160586 |
| 330000 | &nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC, <br> Series 2024-3A, Class A2, 4.650%, 5/20/2049(a)<br>| &nbsp;&nbsp; 314116 |
| 100000 | &nbsp;&nbsp; CyrusOne Data Centers Issuer I LLC, <br> Series 2025-1A, Class A2, 5.910%, 2/20/2050(a)<br>| &nbsp;&nbsp; 101831 |
| 285429 | &nbsp;&nbsp; EverBright Solar Trust, Series 2024-A, Class A, <br> 6.430%, 6/22/2054(a)<br>| &nbsp;&nbsp; 277195 |
| 110357 | &nbsp;&nbsp; Foundation Finance Trust, Series 2023-2A, Class B, <br> 6.970%, 6/15/2049(a)<br>| &nbsp;&nbsp; 115368 |
| 97321 | &nbsp;&nbsp; Foundation Finance Trust, Series 2024-2A, Class D, <br> 6.590%, 3/15/2050(a)<br>| &nbsp;&nbsp; 98519 |
| 445000 | &nbsp;&nbsp; Foundation Finance Trust, Series 2025-1A, Class B, <br> 5.260%, 4/15/2050(a)<br>| &nbsp;&nbsp; 451189 |
| 320000 | &nbsp;&nbsp; Foundation Finance Trust, Series 2025-1A, Class D, <br> 6.090%, 4/15/2050(a)<br>| &nbsp;&nbsp; 320291 |
| 56137 | &nbsp;&nbsp; FREED ABS Trust, Series 2021-3FP, Class D, <br> 2.370%, 11/20/2028(a)<br>| &nbsp;&nbsp; 55897 |
| 845000 | &nbsp;&nbsp; Frontier Issuer LLC, Series 2023-1, Class A2, <br> 6.600%, 8/20/2053(a)<br>| &nbsp;&nbsp; 858329 |
| 450000 | &nbsp;&nbsp; Frontier Issuer LLC, Series 2023-1, Class C, <br> 11.500%, 8/20/2053(a)<br>| &nbsp;&nbsp; 473226 |
| 675000 | &nbsp;&nbsp; Frontier Issuer LLC, Series 2024-1, Class C, <br> 11.160%, 6/20/2054(a)<br>| &nbsp;&nbsp; 757695 |
| 156911 | &nbsp;&nbsp; GoodLeap Home Improvement Solutions Trust, <br> Series 2024-1A, Class A, 5.350%, 10/20/2046(a)<br>| &nbsp;&nbsp; 158677 |
| 31246 | &nbsp;&nbsp; Hilton Grand Vacations Trust, Series 2024-1B, <br> Class C, 6.620%, 9/15/2039(a)<br>| &nbsp;&nbsp; 31735 |
| 52706 | &nbsp;&nbsp; HINNT LLC, Series 2024-A, Class A, <br> 5.490%, 3/15/2043(a)<br>| &nbsp;&nbsp; 53421 |
| 115000 | &nbsp;&nbsp; HPEFS Equipment Trust, Series 2023-2A, Class D, <br> 6.970%, 7/21/2031(a)<br>| &nbsp;&nbsp; 116727 |
| 100000 | &nbsp;&nbsp; Island Finance Trust, Series 2025-1A, Class A, <br> 6.540%, 3/19/2035(a)<br>| &nbsp;&nbsp; 101882 |
| 287250 | &nbsp;&nbsp; Jack in the Box Funding LLC, Series 2019-1A, <br> Class A2II, 4.476%, 8/25/2049(a)<br>| &nbsp;&nbsp; 283066 |
| 531012 | &nbsp;&nbsp; JOL Air Ltd., Series 2019-1, Class A, <br> 3.967%, 4/15/2044(a)<br>| &nbsp;&nbsp; 525713 |
| 120000 | &nbsp;&nbsp; Kapitus Asset Securitization IV LLC, <br> Series 2024-1A, Class 1A, 5.490%, 9/10/2031(a)<br>| &nbsp;&nbsp; 119864 |
| 355000 | &nbsp;&nbsp; Kapitus Asset Securitization IV LLC, <br> Series 2024-1A, Class A, 5.490%, 9/10/2031(a)<br>| &nbsp;&nbsp; 354598 |
| 82463 | &nbsp;&nbsp; Kestrel Aircraft Funding Ltd., Series 2018-1A, <br> Class A, 4.250%, 12/15/2038(a)<br>| &nbsp;&nbsp; 80821 |
| 100707 | &nbsp;&nbsp; Labrador Aviation Finance Ltd., Series 2016-1A, <br> Class A1, 4.300%, 1/15/2042(a)<br>| &nbsp;&nbsp; 97935 |
| 450631 | &nbsp;&nbsp; MAPS Trust, Series 2021-1A, Class A, <br> 2.521%, 6/15/2046(a)<br>| &nbsp;&nbsp; 424534 |
| 100000 | &nbsp;&nbsp; Mariner Finance Issuance Trust, Series 2024-AA, <br> Class D, 6.770%, 9/22/2036(a)<br>| &nbsp;&nbsp; 103171 |
| 380000 | &nbsp;&nbsp; Marlette Funding Trust, Series 2023-4A, Class B, <br> 8.150%, 12/15/2033(a)<br>| &nbsp;&nbsp; 396677 |
| 110000 | &nbsp;&nbsp; Marlette Funding Trust, Series 2024-1A, Class B, <br> 6.070%, 7/17/2034(a)<br>| &nbsp;&nbsp; 110606 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Other — continued** | **ABS Other — continued** |
| $385000 | &nbsp;&nbsp; Marlette Funding Trust, Series 2024-1A, Class D, <br> 6.930%, 7/17/2034(a)<br>| &nbsp;&nbsp; $395336 |
| 80000 | &nbsp;&nbsp; MetroNet Infrastructure Issuer LLC, <br> Series 2024-1A, Class A2, 6.230%, 4/20/2054(a)<br>| &nbsp;&nbsp; 82344 |
| 345000 | &nbsp;&nbsp; OneMain Financial Issuance Trust, Series 2021-1A, <br> Class D, 2.470%, 6/16/2036(a)<br>| &nbsp;&nbsp; 313124 |
| 380000 | &nbsp;&nbsp; OneMain Financial Issuance Trust, Series 2022-S1, <br> Class D, 5.200%, 5/14/2035(a)<br>| &nbsp;&nbsp; 375537 |
| 609388 | &nbsp;&nbsp; OWN Equipment Fund I LLC, Series 2024-2M, <br> Class A, 5.700%, 12/20/2032(a)<br>| &nbsp;&nbsp; 619330 |
| 320000 | &nbsp;&nbsp; OWN Equipment Fund II LLC, Series 2025-1M, <br> Class A, 5.480%, 9/26/2033(a)<br>| &nbsp;&nbsp; 320856 |
| 211664 | &nbsp;&nbsp; PK ALIFT Loan Funding 3 LP, Series 2024-1, Class <br> A1, 5.842%, 9/15/2039(a)<br>| &nbsp;&nbsp; 214276 |
| 115000 | &nbsp;&nbsp; Reach ABS Trust, Series 2025-1A, Class C, <br> 5.990%, 8/16/2032(a)<br>| &nbsp;&nbsp; 116684 |
| 325000 | &nbsp;&nbsp; Republic Finance Issuance Trust, Series 2024-A, <br> Class A, 5.910%, 8/20/2032(a)<br>| &nbsp;&nbsp; 329748 |
| 175000 | &nbsp;&nbsp; Republic Finance Issuance Trust, Series 2024-B, <br> Class A, 5.420%, 11/20/2037(a)<br>| &nbsp;&nbsp; 177979 |
| 340000 | &nbsp;&nbsp; Republic Finance Issuance Trust, Series 2024-B, <br> Class C, 6.600%, 11/20/2037(a)<br>| &nbsp;&nbsp; 345220 |
| 315000 | &nbsp;&nbsp; SCF Equipment Leasing LLC, Series 2022-2A, <br> Class C, 6.500%, 8/20/2032(a)<br>| &nbsp;&nbsp; 316675 |
| 100000 | &nbsp;&nbsp; SCF Equipment Leasing LLC, Series 2024-1A, Class <br> C, 5.820%, 9/20/2032(a)<br>| &nbsp;&nbsp; 103213 |
| 100000 | &nbsp;&nbsp; SCF Equipment Leasing LLC, Series 2024-1A, Class <br> D, 6.580%, 6/21/2033(a)<br>| &nbsp;&nbsp; 105075 |
| 99750 | &nbsp;&nbsp; SEB Funding LLC, Series 2021-1A, Class A2, <br> 4.969%, 1/30/2052(a)<br>| &nbsp;&nbsp; 97889 |
| 435000 | &nbsp;&nbsp; SEB Funding LLC, Series 2024-1A, Class A2, <br> 7.386%, 4/30/2054(a)<br>| &nbsp;&nbsp; 444841 |
| 133000 | &nbsp;&nbsp; Shenton Aircraft Investment I Ltd., Series 2015-1A, <br> Class A, 4.750%, 10/15/2042(a)<br>| &nbsp;&nbsp; 129109 |
| 24768 | &nbsp;&nbsp; Sierra Timeshare Receivables Funding LLC, <br> Series 2021-1A, Class C, 1.790%, 11/20/2037(a)<br>| &nbsp;&nbsp; 24320 |
| 40752 | &nbsp;&nbsp; Sierra Timeshare Receivables Funding LLC, <br> Series 2023-2A, Class C, 7.300%, 4/20/2040(a)<br>| &nbsp;&nbsp; 42151 |
| 124182 | &nbsp;&nbsp; Sierra Timeshare Receivables Funding LLC, <br> Series 2023-3A, Class C, 7.120%, 9/20/2040(a)<br>| &nbsp;&nbsp; 127740 |
| 561988 | &nbsp;&nbsp; Slam Ltd., Series 2024-1A, Class A, <br> 5.335%, 9/15/2049(a)<br>| &nbsp;&nbsp; 565573 |
| 255000 | &nbsp;&nbsp; SLAM Ltd., Series 2025-1A, Class A, <br> 5.807%, 5/15/2050(a)<br>| &nbsp;&nbsp; 263631 |
| 70589 | &nbsp;&nbsp; Stream Innovations Issuer Trust, Series 2024-1A, <br> Class A, 6.270%, 7/15/2044(a)<br>| &nbsp;&nbsp; 73288 |
| 244786 | &nbsp;&nbsp; Stream Innovations Issuer Trust, Series 2024-2A, <br> Class A, 5.210%, 2/15/2045(a)<br>| &nbsp;&nbsp; 249509 |
| 75751 | &nbsp;&nbsp; Sunnova Helios II Issuer LLC, Series 2019-AA, <br> Class A, 3.750%, 6/20/2046(a)<br>| &nbsp;&nbsp; 69349 |
| 318817 | &nbsp;&nbsp; Sunnova Helios V Issuer LLC, Series 2021-A, <br> Class B, 3.150%, 2/20/2048(a)<br>| &nbsp;&nbsp; 167176 |
| 564951 | &nbsp;&nbsp; Sunnova Helios X Issuer LLC, Series 2022-C, <br> Class C, 6.000%, 11/22/2049(a)<br>| &nbsp;&nbsp; 216753 |
| 571753 | &nbsp;&nbsp; Sunnova Helios XIII Issuer LLC, Series 2024-A, <br> Class A, 5.300%, 2/20/2051(a)<br>| &nbsp;&nbsp; 528881 |
| 169425 | &nbsp;&nbsp; Sunrun Atlas Issuer LLC, Series 2019-2, Class A, <br> 3.610%, 2/01/2055(a)<br>| &nbsp;&nbsp; 160406 |
| 81753 | &nbsp;&nbsp; Sunrun Demeter Issuer LLC, Series 2021-2A, <br> Class A, 2.270%, 1/30/2057(a)<br>| &nbsp;&nbsp; 72342 |
| 211994 | &nbsp;&nbsp; Thrust Engine Leasing DAC, Series 2021-1A, <br> Class A, 4.163%, 7/15/2040(a)<br>| &nbsp;&nbsp; 206592 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Other — continued** | **ABS Other — continued** |
| $730000 | &nbsp;&nbsp; TMCL VII Holdings Ltd., Series 2025-1H, Class A, <br> 6.430%, 7/23/2050(a)<br>| &nbsp;&nbsp; $730121 |
| 995000 | &nbsp;&nbsp; Trafigura Securitisation Finance PLC, <br> Series 2024-1A, Class A1, 1 day USD SOFR + <br> 1.400%, 5.741%, 11/15/2027(a)(b)<br>| &nbsp;&nbsp; 991483 |
| 200000 | &nbsp;&nbsp; Trafigura Securitisation Finance PLC, <br> Series 2024-1A, Class B, 7.290%, 11/15/2027(a)<br>| &nbsp;&nbsp; 200289 |
| 255241 | &nbsp;&nbsp; Vivint Solar Financing V LLC, Series 2018-1A, <br> Class A, 4.730%, 4/30/2048(a)<br>| &nbsp;&nbsp; 241640 |
| 437354 | &nbsp;&nbsp; Volofin Finance DAC, Series 2024-1A, Class A, <br> 5.935%, 6/15/2037(a)<br>| &nbsp;&nbsp; 444410 |
| 707683 | &nbsp;&nbsp; WAVE Trust, Series 2017-1A, Class A, <br> 3.844%, 11/15/2042(a)<br>| &nbsp;&nbsp; 686468 |
| 1020320 | &nbsp;&nbsp; Willis Engine Structured Trust VI, Series 2021-A, <br> Class A, 3.104%, 5/15/2046(a)<br>| &nbsp;&nbsp; 948448 |
| 669627 | &nbsp;&nbsp; Willis Engine Structured Trust VII, Series 2023-A, <br> Class A, 8.000%, 10/15/2048(a)<br>| &nbsp;&nbsp; 689656 |
| 600000 | &nbsp;&nbsp; Ziply Fiber Issuer LLC, Series 2024-1A, Class A2, <br> 6.640%, 4/20/2054(a)<br>| &nbsp;&nbsp; 616232 |
| 430000 | &nbsp;&nbsp; Ziply Fiber Issuer LLC, Series 2024-1A, Class B, <br> 7.810%, 4/20/2054(a)<br>| &nbsp;&nbsp; 449547 |
|  |  | &nbsp;&nbsp; 27474875 |
|  | **ABS Residential Mortgage — 1.4%** | **ABS Residential Mortgage — 1.4%** |
| 160906 | &nbsp;&nbsp; GITSIT Mortgage Loan Trust, Series 2024-NPL1, <br> Class A1, 7.466%, 6/25/2054(a)(b)<br>| &nbsp;&nbsp; 161719 |
| 1199460 | &nbsp;&nbsp; GITSIT Mortgage Loan Trust, Series 2025-NPL1, <br> Class A1, 6.276%, 2/25/2055(a)(b)<br>| &nbsp;&nbsp; 1207680 |
| 465764 | &nbsp;&nbsp; MFA Trust, Series 2024-NPL1, Class A1, <br> 6.330%, 9/25/2054(b)<br>| &nbsp;&nbsp; 469667 |
| 144381 | &nbsp;&nbsp; NYMT Loan Trust, Series 2025-R1, Class A, <br> 6.381%, 2/25/2030(a)(b)<br>| &nbsp;&nbsp; 144378 |
| 198436 | &nbsp;&nbsp; PRET LLC, Series 2024-NPL4, Class A1, <br> 6.996%, 7/25/2054(a)(b)<br>| &nbsp;&nbsp; 198746 |
| 337570 | &nbsp;&nbsp; PRET LLC, Series 2025-NPL3, Class A1, <br> 6.708%, 4/25/2055(a)(b)<br>| &nbsp;&nbsp; 337997 |
| 310000 | &nbsp;&nbsp; PRET LLC, Series 2025-NPL6, Class A1, <br> 5.744%, 6/25/2055(a)(b)<br>| &nbsp;&nbsp; 310022 |
| 123651 | &nbsp;&nbsp; PRPM LLC, Series 2021-4, Class A1, <br> 5.867%, 4/25/2026(a)(b)<br>| &nbsp;&nbsp; 123768 |
| 945209 | &nbsp;&nbsp; RCO IX Mortgage LLC, Series 2025-2, Class A1, <br> 6.513%, 4/25/2030(a)(b)<br>| &nbsp;&nbsp; 949276 |
| 907481 | &nbsp;&nbsp; RCO X Mortgage LLC, Series 2025-1, Class A1, <br> 5.875%, 1/25/2030(a)(b)<br>| &nbsp;&nbsp; 907680 |
| 300686 | &nbsp;&nbsp; VCAT LLC, Series 2025-NPL1, Class A1, <br> 5.877%, 1/25/2055(a)(b)<br>| &nbsp;&nbsp; 301268 |
| 766774 | &nbsp;&nbsp; VCAT LLC, Series 2025-NPL3, Class A1, <br> 5.889%, 2/25/2055(a)(b)<br>| &nbsp;&nbsp; 767268 |
| 48334 | &nbsp;&nbsp; VOLT XCIV LLC, Series 2021-NPL3, Class A1, <br> 6.240%, 2/27/2051(a)(b)<br>| &nbsp;&nbsp; 48313 |
| 137776 | &nbsp;&nbsp; VOLT XCVII LLC, Series 2021-NPL6, Class A1, <br> 6.240%, 4/25/2051(a)(b)<br>| &nbsp;&nbsp; 137640 |
|  |  | &nbsp;&nbsp; 6065422 |
|  | **ABS Student Loan — 0.8%** | **ABS Student Loan — 0.8%** |
| 179387 | &nbsp;&nbsp; Ascent Education Funding Trust, Series 2024-A, <br> Class A, 6.140%, 10/25/2050(a)<br>| &nbsp;&nbsp; 183296 |
| 997539 | &nbsp;&nbsp; College Ave Student Loans LLC, Series 2024-B, <br> Class A1A, 5.690%, 8/25/2054(a)<br>| &nbsp;&nbsp; 1023985 |
| 305000 | &nbsp;&nbsp; College Ave Student Loans LLC, Series 2024-B, <br> Class B, 6.080%, 8/25/2054(a)<br>| &nbsp;&nbsp; 312040 |
| 42123 | &nbsp;&nbsp; Navient Private Education Refi Loan Trust, <br> Series 2020-HA, Class A, 1.310%, 1/15/2069(a)<br>| &nbsp;&nbsp; 39582 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **ABS Student Loan — continued** | **ABS Student Loan — continued** |
| $138842 | &nbsp;&nbsp; Navient Private Education Refi Loan Trust, <br> Series 2021-A, Class A, 0.840%, 5/15/2069(a)<br>| &nbsp;&nbsp; $126540 |
| 100000 | &nbsp;&nbsp; Navient Private Education Refi Loan Trust, <br> Series 2021-A, Class B, 2.240%, 5/15/2069(a)<br>| &nbsp;&nbsp; 79399 |
| 170000 | &nbsp;&nbsp; Navient Private Education Refi Loan Trust, <br> Series 2021-EA, Class B, 2.030%, 12/16/2069(a)<br>| &nbsp;&nbsp; 120697 |
| 385000 | &nbsp;&nbsp; Navient Private Education Refi Loan Trust, <br> Series 2021-FA, Class B, 2.120%, 2/18/2070(a)<br>| &nbsp;&nbsp; 262449 |
| 265000 | &nbsp;&nbsp; Navient Student Loan Trust, Series 2023-BA, <br> Class B, 7.230%, 3/15/2072(a)<br>| &nbsp;&nbsp; 289140 |
| 230000 | &nbsp;&nbsp; Nelnet Student Loan Trust, Series 2021-BA, Class <br> B, 2.680%, 4/20/2062(a)<br>| &nbsp;&nbsp; 202422 |
| 33518 | &nbsp;&nbsp; SMB Private Education Loan Trust, Series 2020-A, <br> Class A2A, 2.230%, 9/15/2037(a)<br>| &nbsp;&nbsp; 32281 |
| 512809 | &nbsp;&nbsp; SMB Private Education Loan Trust, Series 2021-A, <br> Class A2A2, 1 mo. USD SOFR + 0.844%, <br> 5.156%, 1/15/2053(a)(b)<br>| &nbsp;&nbsp; 508652 |
| 475000 | &nbsp;&nbsp; SMB Private Education Loan Trust, Series 2021-B, <br> Class B, 2.650%, 7/17/2051(a)<br>| &nbsp;&nbsp; 421765 |
|  |  | &nbsp;&nbsp; 3602248 |
|  | **ABS Whole Business — 0.9%** | **ABS Whole Business — 0.9%** |
| 785000 | &nbsp;&nbsp; Applebee's Funding LLC/IHOP Funding LLC, <br> Series 2023-1A, Class A2, 7.824%, 3/05/2053(a)<br>| &nbsp;&nbsp; 796357 |
| 121250 | &nbsp;&nbsp; EWC Master Issuer LLC, Series 2022-1A, Class A2, <br> 5.500%, 3/15/2052(a)<br>| &nbsp;&nbsp; 119458 |
| 246250 | &nbsp;&nbsp; FOCUS Brands Funding, Series 2023-2, Class A2, <br> 8.241%, 10/30/2053(a)<br>| &nbsp;&nbsp; 259887 |
| 288000 | &nbsp;&nbsp; Hardee's Funding LLC, Series 2021-1A, Class A2, <br> 2.865%, 6/20/2051(a)<br>| &nbsp;&nbsp; 262570 |
| 158000 | &nbsp;&nbsp; Hardee's Funding LLC, Series 2024-1A, Class A2, <br> 7.253%, 3/20/2054(a)<br>| &nbsp;&nbsp; 162995 |
| 321300 | &nbsp;&nbsp; Planet Fitness Master Issuer LLC, Series 2019-1A, <br> Class A2, 3.858%, 12/05/2049(a)<br>| &nbsp;&nbsp; 305900 |
| 48375 | &nbsp;&nbsp; Planet Fitness Master Issuer LLC, Series 2022-1A, <br> Class A2I, 3.251%, 12/05/2051(a)<br>| &nbsp;&nbsp; 47107 |
| 96750 | &nbsp;&nbsp; Planet Fitness Master Issuer LLC, Series 2022-1A, <br> Class A2II, 4.008%, 12/05/2051(a)<br>| &nbsp;&nbsp; 89288 |
| 699712 | &nbsp;&nbsp; Planet Fitness Master Issuer LLC, Series 2024-1A, <br> Class A2I, 5.765%, 6/05/2054(a)<br>| &nbsp;&nbsp; 709544 |
| 1029825 | &nbsp;&nbsp; Subway Funding LLC, Series 2024-1A, Class A2I, <br> 6.028%, 7/30/2054(a)<br>| &nbsp;&nbsp; 1046531 |
| 305000 | &nbsp;&nbsp; Wingstop Funding LLC, Series 2024-1A, Class A2, <br> 5.858%, 12/05/2054(a)<br>| &nbsp;&nbsp; 312647 |
|  |  | &nbsp;&nbsp; 4112284 |
|  | **Aerospace & Defense — 2.1%** | **Aerospace & Defense — 2.1%** |
| 165000 | Axon Enterprise, Inc., 6.125%, 3/15/2030(a) | &nbsp;&nbsp; 169679 |
| 85000 | Axon Enterprise, Inc., 6.250%, 3/15/2033(a) | &nbsp;&nbsp; 87521 |
| 789000 | Boeing Co., 3.625%, 2/01/2031 | &nbsp;&nbsp; 743336 |
| 985000 | Boeing Co., 5.150%, 5/01/2030 | &nbsp;&nbsp; 1002828 |
| 896000 | Boeing Co., 5.705%, 5/01/2040 | &nbsp;&nbsp; 885193 |
| 2395000 | Boeing Co., 5.805%, 5/01/2050 | &nbsp;&nbsp; 2296807 |
| 55000 | Boeing Co., 5.930%, 5/01/2060 | &nbsp;&nbsp; 52281 |
| 295000 | Boeing Co., 6.528%, 5/01/2034 | &nbsp;&nbsp; 320526 |
| 1145000 | Boeing Co., 6.858%, 5/01/2054 | &nbsp;&nbsp; 1253450 |
| 1315000 | L3Harris Technologies, Inc., 5.350%, 6/01/2034 | &nbsp;&nbsp; 1344148 |
| 875000 | L3Harris Technologies, Inc., 5.400%, 7/31/2033 | &nbsp;&nbsp; 898782 |
| 435000 | TransDigm, Inc., 6.750%, 8/15/2028(a) | &nbsp;&nbsp; 444279 |
|  |  | &nbsp;&nbsp; 9498830 |
|  | **Airlines — 0.0%** | **Airlines — 0.0%** |
| 205645 | &nbsp;&nbsp; American Airlines Pass-Through Trust, <br> Series 2016-3, Class B, 3.750%, 4/15/2027<br>| &nbsp;&nbsp; 203198 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Apartment REITs — 0.1%** | **Apartment REITs — 0.1%** |
| $285000 | &nbsp;&nbsp; Invitation Homes Operating Partnership LP, <br> 4.875%, 2/01/2035<br>| &nbsp;&nbsp; $276094 |
|  | **Automotive — 0.3%** | **Automotive — 0.3%** |
| 335000 | ZF North America Capital, Inc., 6.750%, 4/23/2030(a) | &nbsp;&nbsp; 321705 |
| 285000 | ZF North America Capital, Inc., 6.875%, 4/14/2028(a) | &nbsp;&nbsp; 285627 |
| 510000 | ZF North America Capital, Inc., 6.875%, 4/23/2032(a) | &nbsp;&nbsp; 471363 |
| 300000 | ZF North America Capital, Inc., 7.125%, 4/14/2030(a) | &nbsp;&nbsp; 293214 |
|  |  | &nbsp;&nbsp; 1371909 |
|  | **Banking — 3.2%** | **Banking — 3.2%** |
| 1510000 | Bank of America Corp., 6.110%, 1/29/2037 | &nbsp;&nbsp; 1594581 |
| 145000 | &nbsp;&nbsp; Bank of America Corp., (fixed rate to 10/25/2034, <br> variable rate thereafter), 5.518%, 10/25/2035<br>| &nbsp;&nbsp; 145001 |
| 2155000 | &nbsp;&nbsp; Bank of America Corp., (fixed rate to 2/12/2035, <br> variable rate thereafter), 5.744%, 2/12/2036<br>| &nbsp;&nbsp; 2189778 |
| 762000 | &nbsp;&nbsp; Bank of America Corp., (fixed rate to 9/21/2031, <br> variable rate thereafter), 2.482%, 9/21/2036<br>| &nbsp;&nbsp; 645680 |
| 295000 | &nbsp;&nbsp; CaixaBank SA, (fixed rate to 7/03/2035, variable <br> rate thereafter), 5.581%, 7/03/2036(a)<br>| &nbsp;&nbsp; 298026 |
| 990000 | &nbsp;&nbsp; Credit Agricole SA, (fixed rate to 1/10/2034, variable <br> rate thereafter), 6.251%, 1/10/2035(a)<br>| &nbsp;&nbsp; 1029408 |
| 1590000 | &nbsp;&nbsp; JPMorgan Chase & Co., Series OO, (fixed rate to <br> 4/01/2030, variable rate thereafter), 6.500%(c)<br>| &nbsp;&nbsp; 1642111 |
| 2050000 | &nbsp;&nbsp; Morgan Stanley, (fixed rate to 1/19/2033, variable <br> rate thereafter), 5.948%, 1/19/2038<br>| &nbsp;&nbsp; 2108932 |
| 270000 | &nbsp;&nbsp; Synchrony Financial, (fixed rate to 3/06/2030, <br> variable rate thereafter), 5.450%, 3/06/2031<br>| &nbsp;&nbsp; 272354 |
| 635000 | &nbsp;&nbsp; Synchrony Financial, (fixed rate to 8/02/2029, <br> variable rate thereafter), 5.935%, 8/02/2030<br>| &nbsp;&nbsp; 652449 |
| 360000 | &nbsp;&nbsp; UBS Group AG, (fixed rate to 11/15/2032, variable <br> rate thereafter), 9.016%, 11/15/2033(a)<br>| &nbsp;&nbsp; 445097 |
| 900000 | &nbsp;&nbsp; UBS Group AG, (fixed rate to 2/08/2034, variable <br> rate thereafter), 5.699%, 2/08/2035(a)<br>| &nbsp;&nbsp; 934825 |
| 1000000 | &nbsp;&nbsp; UBS Group AG, (fixed rate to 8/12/2032, variable <br> rate thereafter), 6.537%, 8/12/2033(a)<br>| &nbsp;&nbsp; 1087970 |
| 400000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 6/03/2031, variable rate <br> thereafter), 3.127%, 6/03/2032(a)<br>| &nbsp;&nbsp; 362239 |
| 405000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 6/19/2027, variable rate <br> thereafter), 5.861%, 6/19/2032(a)<br>| &nbsp;&nbsp; 408066 |
| 200000 | &nbsp;&nbsp; UniCredit SpA, (fixed rate to 6/30/2030, variable rate <br> thereafter), 5.459%, 6/30/2035(a)<br>| &nbsp;&nbsp; 198843 |
|  |  | &nbsp;&nbsp; 14015360 |
|  | **Brokerage — 1.0%** | **Brokerage — 1.0%** |
| 520000 | BGC Group, Inc., 6.150%, 4/02/2030(a) | &nbsp;&nbsp; 527230 |
| 1185000 | Blue Owl Finance LLC, 6.250%, 4/18/2034 | &nbsp;&nbsp; 1219314 |
| 200000 | &nbsp;&nbsp; Brookfield Asset Management Ltd., <br> 5.795%, 4/24/2035<br>| &nbsp;&nbsp; 205222 |
| 225000 | Citadel LP, 6.000%, 1/23/2030(a) | &nbsp;&nbsp; 232628 |
| 175000 | Citadel LP, 6.375%, 1/23/2032(a) | &nbsp;&nbsp; 182739 |
| 360000 | Jefferies Financial Group, Inc., 6.200%, 4/14/2034 | &nbsp;&nbsp; 376566 |
| 1670000 | Jefferies Financial Group, Inc., 6.250%, 1/15/2036 | &nbsp;&nbsp; 1730586 |
|  |  | &nbsp;&nbsp; 4474285 |
|  | **Building Materials — 1.5%** | **Building Materials — 1.5%** |
| 350000 | Amrize Finance U.S. LLC, 5.400%, 4/07/2035(a) | &nbsp;&nbsp; 355131 |
| 2325000 | Cemex SAB de CV, 3.875%, 7/11/2031(a) | &nbsp;&nbsp; 2143362 |
| 1195000 | &nbsp;&nbsp; Cemex SAB de CV, (fixed rate to 6/08/2026, variable <br> rate thereafter), 5.125%(a)(c)<br>| &nbsp;&nbsp; 1175378 |
| 200000 | &nbsp;&nbsp; Cemex SAB de CV, (fixed rate to 6/10/2030, variable <br> rate thereafter), 7.200%(a)(c)<br>| &nbsp;&nbsp; 202050 |
| 545000 | &nbsp;&nbsp; JH North America Holdings, Inc., <br> 5.875%, 1/31/2031(a)<br>| &nbsp;&nbsp; 549759 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Building Materials — continued** | **Building Materials — continued** |
| $775000 | &nbsp;&nbsp; JH North America Holdings, Inc., <br> 6.125%, 7/31/2032(a)<br>| &nbsp;&nbsp; $787868 |
| 1380000 | Quikrete Holdings, Inc., 6.375%, 3/01/2032(a) | &nbsp;&nbsp; 1419082 |
|  |  | &nbsp;&nbsp; 6632630 |
|  | **Cable Satellite — 4.5%** | **Cable Satellite — 4.5%** |
| 2270000 | &nbsp;&nbsp; Charter Communications Operating LLC/Charter <br> Communications Operating Capital, <br> 3.950%, 6/30/2062<br>| &nbsp;&nbsp; 1462598 |
| 355000 | &nbsp;&nbsp; Charter Communications Operating LLC/Charter <br> Communications Operating Capital, <br> 4.800%, 3/01/2050<br>| &nbsp;&nbsp; 284024 |
| 280000 | &nbsp;&nbsp; Charter Communications Operating LLC/Charter <br> Communications Operating Capital, <br> 5.250%, 4/01/2053<br>| &nbsp;&nbsp; 237886 |
| 70000 | &nbsp;&nbsp; Charter Communications Operating LLC/Charter <br> Communications Operating Capital, <br> 6.384%, 10/23/2035<br>| &nbsp;&nbsp; 73522 |
| 150000 | &nbsp;&nbsp; Charter Communications Operating LLC/Charter <br> Communications Operating Capital, <br> 6.550%, 6/01/2034<br>| &nbsp;&nbsp; 160044 |
| 65000 | &nbsp;&nbsp; Charter Communications Operating LLC/Charter <br> Communications Operating Capital, <br> 6.650%, 2/01/2034<br>| &nbsp;&nbsp; 69605 |
| 220000 | CSC Holdings LLC, 3.375%, 2/15/2031(a) | &nbsp;&nbsp; 152435 |
| 200000 | CSC Holdings LLC, 4.500%, 11/15/2031(a) | &nbsp;&nbsp; 140737 |
| 2710000 | CSC Holdings LLC, 4.625%, 12/01/2030(a) | &nbsp;&nbsp; 1260301 |
| 1750000 | CSC Holdings LLC, 5.375%, 2/01/2028(a) | &nbsp;&nbsp; 1602223 |
| 1285000 | CSC Holdings LLC, 7.500%, 4/01/2028(a) | &nbsp;&nbsp; 953843 |
| 195000 | Directv Financing LLC, 8.875%, 2/01/2030(a) | &nbsp;&nbsp; 191215 |
| 625000 | &nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor, Inc., 10.000%, 2/15/2031(a)<br>| &nbsp;&nbsp; 606765 |
| 2215000 | DISH DBS Corp., 5.250%, 12/01/2026(a) | &nbsp;&nbsp; 2010112 |
| 2710000 | DISH DBS Corp., 5.750%, 12/01/2028(a) | &nbsp;&nbsp; 2345844 |
| 270000 | DISH DBS Corp., 7.750%, 7/01/2026 | &nbsp;&nbsp; 239838 |
| 6237370 | EchoStar Corp., 10.750%, 11/30/2029 | &nbsp;&nbsp; 6424491 |
| 1445000 | Time Warner Cable LLC, 6.550%, 5/01/2037 | &nbsp;&nbsp; 1492424 |
|  |  | &nbsp;&nbsp; 19707907 |
|  | **Chemicals — 0.2%** | **Chemicals — 0.2%** |
| 775000 | Ashland, Inc., 3.375%, 9/01/2031(a) | &nbsp;&nbsp; 690582 |
|  | **Construction Machinery — 0.8%** | **Construction Machinery — 0.8%** |
| 275000 | Ashtead Capital, Inc., 5.550%, 5/30/2033(a) | &nbsp;&nbsp; 277730 |
| 200000 | Ashtead Capital, Inc., 5.800%, 4/15/2034(a) | &nbsp;&nbsp; 204691 |
| 1755000 | Ashtead Capital, Inc., 5.950%, 10/15/2033(a) | &nbsp;&nbsp; 1817790 |
| 1100000 | &nbsp;&nbsp; United Rentals North America, Inc., <br> 6.125%, 3/15/2034(a)<br>| &nbsp;&nbsp; 1133025 |
|  |  | &nbsp;&nbsp; 3433236 |
|  | **Consumer Cyclical Services — 0.7%** | **Consumer Cyclical Services — 0.7%** |
| 1870000 | Expedia Group, Inc., 5.400%, 2/15/2035 | &nbsp;&nbsp; 1882890 |
| 1010000 | &nbsp;&nbsp; Go Daddy Operating Co. LLC/GD Finance Co., Inc., <br> 3.500%, 3/01/2029(a)<br>| &nbsp;&nbsp; 954395 |
| 390000 | &nbsp;&nbsp; Go Daddy Operating Co. LLC/GD Finance Co., Inc., <br> 5.250%, 12/01/2027(a)<br>| &nbsp;&nbsp; 389468 |
|  |  | &nbsp;&nbsp; 3226753 |
|  | **Consumer Products — 0.1%** | **Consumer Products — 0.1%** |
| 135000 | Whirlpool Corp., 6.125%, 6/15/2030 | &nbsp;&nbsp; 136187 |
| 145000 | Whirlpool Corp., 6.500%, 6/15/2033 | &nbsp;&nbsp; 145464 |
|  |  | &nbsp;&nbsp; 281651 |
|  | **Electric — 0.3%** | **Electric — 0.3%** |
| 1084577 | Alta Wind Holdings LLC, 7.000%, 6/30/2035(a) | &nbsp;&nbsp; 1039161 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Electric — continued** | **Electric — continued** |
| $100000 | Enel Finance International NV, 6.800%, 9/15/2037(a) | &nbsp;&nbsp; $110187 |
| 190000 | Vistra Operations Co. LLC, 5.700%, 12/30/2034(a) | &nbsp;&nbsp; 193477 |
|  |  | &nbsp;&nbsp; 1342825 |
|  | **Environmental — 0.1%** | **Environmental — 0.1%** |
| 295000 | GFL Environmental, Inc., 4.375%, 8/15/2029(a) | &nbsp;&nbsp; 286456 |
|  | **Finance Companies — 4.3%** | **Finance Companies — 4.3%** |
| 1845000 | &nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust, 3.300%, 1/30/2032<br>| &nbsp;&nbsp; 1671551 |
| 645000 | &nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust, 3.400%, 10/29/2033<br>| &nbsp;&nbsp; 568786 |
| 1375000 | &nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust, 4.950%, 9/10/2034<br>| &nbsp;&nbsp; 1344986 |
| 300000 | &nbsp;&nbsp; AGFC Capital Trust I, 3 mo. USD SOFR + 2.012%, <br> 6.268%, 1/15/2067(a)(b)<br>| &nbsp;&nbsp; 208629 |
| 985000 | &nbsp;&nbsp; Air Lease Corp., Series B, (fixed rate to 6/15/2026, <br> variable rate thereafter), 4.650%(c)<br>| &nbsp;&nbsp; 979322 |
| 245000 | Aircastle Ltd., 5.950%, 2/15/2029(a) | &nbsp;&nbsp; 253102 |
| 740000 | Aircastle Ltd., 6.500%, 7/18/2028(a) | &nbsp;&nbsp; 772573 |
| 230000 | &nbsp;&nbsp; Aircastle Ltd./Aircastle Ireland DAC, <br> 5.250%, 3/15/2030(a)<br>| &nbsp;&nbsp; 231895 |
| 450000 | &nbsp;&nbsp; Aircastle Ltd./Aircastle Ireland DAC, <br> 5.750%, 10/01/2031(a)<br>| &nbsp;&nbsp; 462370 |
| 955000 | Aviation Capital Group LLC, 6.375%, 7/15/2030(a) | &nbsp;&nbsp; 1012575 |
| 810000 | Aviation Capital Group LLC, 6.750%, 10/25/2028(a) | &nbsp;&nbsp; 860932 |
| 310000 | Avolon Holdings Funding Ltd., 5.375%, 5/30/2030(a) | &nbsp;&nbsp; 315785 |
| 60000 | &nbsp;&nbsp; Freedom Mortgage Holdings LLC, <br> 8.375%, 4/01/2032(a)<br>| &nbsp;&nbsp; 60647 |
| 120000 | &nbsp;&nbsp; Freedom Mortgage Holdings LLC, <br> 9.125%, 5/15/2031(a)<br>| &nbsp;&nbsp; 123694 |
| 105000 | &nbsp;&nbsp; Macquarie Airfinance Holdings Ltd., <br> 5.150%, 3/17/2030(a)<br>| &nbsp;&nbsp; 104929 |
| 285000 | &nbsp;&nbsp; Macquarie Airfinance Holdings Ltd., <br> 5.200%, 3/27/2028(a)<br>| &nbsp;&nbsp; 288176 |
| 65000 | &nbsp;&nbsp; Macquarie Airfinance Holdings Ltd., <br> 6.400%, 3/26/2029(a)<br>| &nbsp;&nbsp; 67857 |
| 945000 | &nbsp;&nbsp; Macquarie Airfinance Holdings Ltd., <br> 6.500%, 3/26/2031(a)<br>| &nbsp;&nbsp; 1000107 |
| 2135000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, <br> Inc., 2.875%, 10/15/2026(a)<br>| &nbsp;&nbsp; 2082200 |
| 1345000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, <br> Inc., 3.625%, 3/01/2029(a)<br>| &nbsp;&nbsp; 1278099 |
| 3345000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, <br> Inc., 3.875%, 3/01/2031(a)<br>| &nbsp;&nbsp; 3100878 |
| 1080000 | &nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, <br> Inc., 4.000%, 10/15/2033(a)<br>| &nbsp;&nbsp; 966242 |
| 595000 | &nbsp;&nbsp; SMBC Aviation Capital Finance DAC, <br> 5.100%, 4/01/2030(a)<br>| &nbsp;&nbsp; 603612 |
| 655000 | &nbsp;&nbsp; SMBC Aviation Capital Finance DAC, <br> 5.450%, 5/03/2028(a)<br>| &nbsp;&nbsp; 669602 |
|  |  | &nbsp;&nbsp; 19028549 |
|  | **Financial Other — 0.1%** | **Financial Other — 0.1%** |
| 630000 | Agile Group Holdings Ltd., 6.050%, 10/13/2025(d) | &nbsp;&nbsp; 38203 |
| 205000 | Central China Real Estate Ltd., 7.250%, 7/16/2024(d) | &nbsp;&nbsp; 8713 |
| 200000 | Central China Real Estate Ltd., 7.250%, 8/13/2024(d) | &nbsp;&nbsp; 8500 |
| 190000 | Central China Real Estate Ltd., 7.250%, 4/28/2025(d) | &nbsp;&nbsp; 8075 |
| 200000 | Central China Real Estate Ltd., 7.500%, 7/14/2025(d) | &nbsp;&nbsp; 8500 |
| 200000 | CIFI Holdings Group Co. Ltd., 6.000%, 7/16/2025(d) | &nbsp;&nbsp; 19926 |
| 200000 | CIFI Holdings Group Co. Ltd., 6.450%, 11/07/2024(d) | &nbsp;&nbsp; 19982 |
| 600000 | &nbsp;&nbsp; Country Garden Holdings Co. Ltd., <br> 3.300%, 1/12/2031(d)<br>| &nbsp;&nbsp; 44766 |
| 1285000 | Kaisa Group Holdings Ltd., 9.375%, 6/30/2024(d) | &nbsp;&nbsp; 53752 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Financial Other — continued** | **Financial Other — continued** |
| $200000 | Kaisa Group Holdings Ltd., 9.950%, 7/23/2025(d) | &nbsp;&nbsp; $8242 |
| 200000 | Kaisa Group Holdings Ltd., 10.500%, 1/15/2025(d) | &nbsp;&nbsp; 8224 |
| 1810000 | Kaisa Group Holdings Ltd., 11.250%, 4/16/2025(d) | &nbsp;&nbsp; 75441 |
| 400000 | Logan Group Co. Ltd., 4.250%, 7/12/2025(d) | &nbsp;&nbsp; 27628 |
| 400000 | Logan Group Co. Ltd., 4.850%, 12/14/2026(d) | &nbsp;&nbsp; 27344 |
| 405000 | Shimao Group Holdings Ltd., 3.450%, 1/11/2031(d) | &nbsp;&nbsp; 19942 |
| 425000 | Shimao Group Holdings Ltd., 5.600%, 7/15/2026(d) | &nbsp;&nbsp; 21169 |
| 200000 | Shimao Group Holdings Ltd., 6.125%, 2/21/2024(d) | &nbsp;&nbsp; 10052 |
| 101490 | &nbsp;&nbsp; Sunac China Holdings Ltd., 6.000% PIK and/or <br> 5.000% Cash, 9/30/2026(a)(d)(e)<br>| &nbsp;&nbsp; 11973 |
| 101736 | &nbsp;&nbsp; Sunac China Holdings Ltd., 6.250% PIK and/or <br> 5.250% Cash, 9/30/2027(a)(d)(e)<br>| &nbsp;&nbsp; 12208 |
| 203967 | &nbsp;&nbsp; Sunac China Holdings Ltd., 6.500% PIK and/or <br> 5.500% Cash, 9/30/2027(a)(d)(e)<br>| &nbsp;&nbsp; 24476 |
| 306692 | &nbsp;&nbsp; Sunac China Holdings Ltd., 6.750% PIK and/or <br> 5.750% Cash, 9/30/2028(a)(d)(e)<br>| &nbsp;&nbsp; 36751 |
| 307434 | &nbsp;&nbsp; Sunac China Holdings Ltd., 7.000% PIK and/or <br> 6.000% Cash, 9/30/2029(a)(d)(e)<br>| &nbsp;&nbsp; 36892 |
| 144767 | &nbsp;&nbsp; Sunac China Holdings Ltd., 7.250% PIK and/or <br> 6.250% Cash, 9/30/2030(a)(d)(e)<br>| &nbsp;&nbsp; 17392 |
| 200000 | Times China Holdings Ltd., 5.750%, 1/14/2027(d) | &nbsp;&nbsp; 6500 |
| 400000 | Times China Holdings Ltd., 6.200%, 3/22/2026(d) | &nbsp;&nbsp; 13600 |
| 400000 | &nbsp;&nbsp; Yuzhou Group Holdings Co. Ltd., <br> 6.350%, 1/13/2027(d)<br>| &nbsp;&nbsp; 28260 |
| 370000 | &nbsp;&nbsp; Yuzhou Group Holdings Co. Ltd., <br> 7.700%, 2/20/2025(d)<br>| &nbsp;&nbsp; 26133 |
| 225000 | &nbsp;&nbsp; Yuzhou Group Holdings Co. Ltd., <br> 8.300%, 5/27/2025(d)<br>| &nbsp;&nbsp; 16313 |
|  |  | &nbsp;&nbsp; 638957 |
|  | **Food & Beverage — 0.8%** | **Food & Beverage — 0.8%** |
| 345000 | &nbsp;&nbsp; JBS USA Holding Lux SARL/JBS USA Food Co./JBS <br> Lux Co. SARL, 6.750%, 3/15/2034<br>| &nbsp;&nbsp; 376624 |
| 705000 | &nbsp;&nbsp; JBS USA Holding Lux SARL/JBS USA Foods Group <br> Holdings, Inc./JBS USA Food Co., <br> 5.500%, 1/15/2036(a)<br>| &nbsp;&nbsp; 706036 |
| 600000 | &nbsp;&nbsp; JBS USA LUX SARL/JBS USA Food Co./JBS USA <br> Foods Group, 5.950%, 4/20/2035(a)<br>| &nbsp;&nbsp; 621588 |
| 280000 | Mars, Inc., 5.200%, 3/01/2035(a) | &nbsp;&nbsp; 283354 |
| 1230000 | Pilgrim's Pride Corp., 3.500%, 3/01/2032 | &nbsp;&nbsp; 1107311 |
| 280000 | Pilgrim's Pride Corp., 4.250%, 4/15/2031 | &nbsp;&nbsp; 269955 |
| 325000 | Post Holdings, Inc., 4.500%, 9/15/2031(a) | &nbsp;&nbsp; 301668 |
|  |  | &nbsp;&nbsp; 3666536 |
|  | **Gaming — 0.4%** | **Gaming — 0.4%** |
| 385000 | &nbsp;&nbsp; GLP Capital LP/GLP Financing II, Inc., <br> 3.250%, 1/15/2032<br>| &nbsp;&nbsp; 338844 |
| 1280000 | &nbsp;&nbsp; Light & Wonder International, Inc., <br> 7.000%, 5/15/2028(a)<br>| &nbsp;&nbsp; 1283728 |
| 30000 | &nbsp;&nbsp; Light & Wonder International, Inc., <br> 7.250%, 11/15/2029(a)<br>| &nbsp;&nbsp; 30908 |
| 215000 | &nbsp;&nbsp; Light & Wonder International, Inc., <br> 7.500%, 9/01/2031(a)<br>| &nbsp;&nbsp; 224979 |
|  |  | &nbsp;&nbsp; 1878459 |
|  | **Government Owned - No Guarantee — 0.5%** | **Government Owned - No Guarantee — 0.5%** |
| 730000 | Antares Holdings LP, 3.750%, 7/15/2027(a) | &nbsp;&nbsp; 701915 |
| 805000 | Antares Holdings LP, 7.950%, 8/11/2028(a) | &nbsp;&nbsp; 850323 |
| 435000 | Ecopetrol SA, 8.375%, 1/19/2036 | &nbsp;&nbsp; 419717 |
| 200000 | &nbsp;&nbsp; Sino-Ocean Land Treasure IV Ltd., <br> 4.750%, 8/05/2029(d)<br>| &nbsp;&nbsp; 12892 |
| 400000 | &nbsp;&nbsp; Sino-Ocean Land Treasure IV Ltd., <br> 4.750%, 1/14/2030(d)<br>| &nbsp;&nbsp; 32006 |
|  |  | &nbsp;&nbsp; 2016853 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Health Insurance — 0.8%** | **Health Insurance — 0.8%** |
| $1770000 | Centene Corp., 2.500%, 3/01/2031 | &nbsp;&nbsp; $1523947 |
| 310000 | Centene Corp., 3.000%, 10/15/2030 | &nbsp;&nbsp; 276991 |
| 365000 | Centene Corp., 3.375%, 2/15/2030 | &nbsp;&nbsp; 336177 |
| 465000 | Elevance Health, Inc., 5.200%, 2/15/2035 | &nbsp;&nbsp; 469867 |
| 660000 | Molina Healthcare, Inc., 3.875%, 5/15/2032(a) | &nbsp;&nbsp; 600738 |
| 180000 | Molina Healthcare, Inc., 4.375%, 6/15/2028(a) | &nbsp;&nbsp; 175936 |
|  |  | &nbsp;&nbsp; 3383656 |
|  | **Healthcare — 1.0%** | **Healthcare — 1.0%** |
| 255000 | Avantor Funding, Inc., 4.625%, 7/15/2028(a) | &nbsp;&nbsp; 250400 |
| 15000 | Bausch & Lomb Corp., 8.375%, 10/01/2028(a) | &nbsp;&nbsp; 15656 |
| 855000 | HCA, Inc., 5.125%, 6/15/2039 | &nbsp;&nbsp; 804110 |
| 310000 | HCA, Inc., 5.450%, 9/15/2034 | &nbsp;&nbsp; 312683 |
| 1050000 | HCA, Inc., 5.500%, 6/01/2033 | &nbsp;&nbsp; 1075002 |
| 770000 | HCA, Inc., 5.600%, 4/01/2034 | &nbsp;&nbsp; 787823 |
| 5000 | HCA, Inc., 5.750%, 3/01/2035 | &nbsp;&nbsp; 5142 |
| 375000 | Hologic, Inc., 3.250%, 2/15/2029(a) | &nbsp;&nbsp; 357357 |
| 200000 | Icon Investments Six DAC, 6.000%, 5/08/2034 | &nbsp;&nbsp; 204396 |
| 575000 | &nbsp;&nbsp; Medline Borrower LP/Medline Co-Issuer, Inc., <br> 6.250%, 4/01/2029(a)<br>| &nbsp;&nbsp; 590688 |
|  |  | &nbsp;&nbsp; 4403257 |
|  | **Home Construction — 0.7%** | **Home Construction — 0.7%** |
| 325000 | DR Horton, Inc., 5.500%, 10/15/2035 | &nbsp;&nbsp; 330933 |
| 1520000 | Meritage Homes Corp., 5.650%, 3/15/2035 | &nbsp;&nbsp; 1524317 |
| 1010000 | PulteGroup, Inc., 6.375%, 5/15/2033 | &nbsp;&nbsp; 1083574 |
|  |  | &nbsp;&nbsp; 2938824 |
|  | **Independent Energy — 3.0%** | **Independent Energy — 3.0%** |
| 565000 | Aker BP ASA, 5.125%, 10/01/2034(a) | &nbsp;&nbsp; 542472 |
| 2220000 | &nbsp;&nbsp; Canadian Natural Resources Ltd., <br> 5.400%, 12/15/2034(a)<br>| &nbsp;&nbsp; 2205602 |
| 250000 | Civitas Resources, Inc., 8.375%, 7/01/2028(a) | &nbsp;&nbsp; 255978 |
| 185000 | Civitas Resources, Inc., 8.625%, 11/01/2030(a) | &nbsp;&nbsp; 187819 |
| 1275000 | Continental Resources, Inc., 2.875%, 4/01/2032(a) | &nbsp;&nbsp; 1071870 |
| 4220000 | Continental Resources, Inc., 5.750%, 1/15/2031(a) | &nbsp;&nbsp; 4260444 |
| 70000 | Diamondback Energy, Inc., 5.550%, 4/01/2035 | &nbsp;&nbsp; 70760 |
| 960000 | Energean Israel Finance Ltd., 5.375%, 3/30/2028 | &nbsp;&nbsp; 913200 |
| 400000 | Energean Israel Finance Ltd., 5.875%, 3/30/2031 | &nbsp;&nbsp; 368000 |
| 840000 | EQT Corp., 3.625%, 5/15/2031(a) | &nbsp;&nbsp; 778588 |
| 330000 | EQT Corp., 7.000%, 2/01/2030 | &nbsp;&nbsp; 357733 |
| 55000 | Leviathan Bond Ltd., 6.500%, 6/30/2027 | &nbsp;&nbsp; 54610 |
| 35000 | Matador Resources Co., 6.500%, 4/15/2032(a) | &nbsp;&nbsp; 35018 |
| 175000 | Matador Resources Co., 6.875%, 4/15/2028(a) | &nbsp;&nbsp; 178451 |
| 185000 | Ovintiv, Inc., 6.500%, 8/15/2034 | &nbsp;&nbsp; 191997 |
| 455000 | SM Energy Co., 6.750%, 8/01/2029(a) | &nbsp;&nbsp; 453327 |
| 200000 | Var Energi ASA, 6.500%, 5/22/2035(a) | &nbsp;&nbsp; 206831 |
| 705000 | Var Energi ASA, 8.000%, 11/15/2032(a) | &nbsp;&nbsp; 798996 |
| 300000 | Viper Energy, Inc., 7.375%, 11/01/2031(a) | &nbsp;&nbsp; 318326 |
|  |  | &nbsp;&nbsp; 13250022 |
|  | **Industrial Other — 0.1%** | **Industrial Other — 0.1%** |
| 395000 | TopBuild Corp., 4.125%, 2/15/2032(a) | &nbsp;&nbsp; 366281 |
|  | **Leisure — 2.0%** | **Leisure — 2.0%** |
| 130000 | Carnival Corp., 4.000%, 8/01/2028(a) | &nbsp;&nbsp; 127237 |
| 620000 | Carnival Corp., 5.750%, 3/01/2027(a) | &nbsp;&nbsp; 625119 |
| 1080000 | Carnival Corp., 5.750%, 3/15/2030(a) | &nbsp;&nbsp; 1098274 |
| 395000 | Carnival Corp., 6.000%, 5/01/2029(a) | &nbsp;&nbsp; 399125 |
| 1195000 | Carnival Corp., 6.125%, 2/15/2033(a) | &nbsp;&nbsp; 1222667 |
| 122000 | NCL Corp. Ltd., 5.875%, 3/15/2026(a) | &nbsp;&nbsp; 122152 |
| 305000 | NCL Corp. Ltd., 6.750%, 2/01/2032(a) | &nbsp;&nbsp; 311597 |
| 40000 | NCL Corp. Ltd., 8.125%, 1/15/2029(a) | &nbsp;&nbsp; 42167 |
| 280000 | NCL Finance Ltd., 6.125%, 3/15/2028(a) | &nbsp;&nbsp; 284555 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Leisure — continued** | **Leisure — continued** |
| $140000 | Royal Caribbean Cruises Ltd., 4.250%, 7/01/2026(a) | &nbsp;&nbsp; $139296 |
| 1705000 | Royal Caribbean Cruises Ltd., 5.500%, 4/01/2028(a) | &nbsp;&nbsp; 1726215 |
| 1065000 | Royal Caribbean Cruises Ltd., 5.625%, 9/30/2031(a) | &nbsp;&nbsp; 1071506 |
| 1105000 | Royal Caribbean Cruises Ltd., 6.000%, 2/01/2033(a) | &nbsp;&nbsp; 1126301 |
| 410000 | Royal Caribbean Cruises Ltd., 6.250%, 3/15/2032(a) | &nbsp;&nbsp; 421431 |
|  |  | &nbsp;&nbsp; 8717642 |
|  | **Life Insurance — 1.3%** | **Life Insurance — 1.3%** |
| 434000 | Brighthouse Financial, Inc., 4.700%, 6/22/2047 | &nbsp;&nbsp; 332440 |
| 2270000 | MetLife, Inc., 9.250%, 4/08/2068(a) | &nbsp;&nbsp; 2695119 |
| 1115000 | MetLife, Inc., 10.750%, 8/01/2069 | &nbsp;&nbsp; 1491240 |
| 1165000 | &nbsp;&nbsp; Penn Mutual Life Insurance Co., <br> 6.650%, 6/15/2034(a)<br>| &nbsp;&nbsp; 1235032 |
|  |  | &nbsp;&nbsp; 5753831 |
|  | **Lodging — 0.9%** | **Lodging — 0.9%** |
| 195000 | Choice Hotels International, Inc., 5.850%, 8/01/2034 | &nbsp;&nbsp; 196521 |
| 200000 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC/Hilton Grand <br> Vacations Borrower, Inc., 4.875%, 7/01/2031(a)<br>| &nbsp;&nbsp; 184291 |
| 220000 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC/Hilton Grand <br> Vacations Borrower, Inc., 6.625%, 1/15/2032(a)<br>| &nbsp;&nbsp; 223416 |
| 520000 | Marriott International, Inc., 5.300%, 5/15/2034 | &nbsp;&nbsp; 526295 |
| 970000 | Marriott International, Inc., 5.500%, 4/15/2037 | &nbsp;&nbsp; 970161 |
| 530000 | &nbsp;&nbsp; Marriott Ownership Resorts, Inc., <br> 4.500%, 6/15/2029(a)<br>| &nbsp;&nbsp; 509015 |
| 620000 | Travel & Leisure Co., 4.500%, 12/01/2029(a) | &nbsp;&nbsp; 599205 |
| 815000 | Travel & Leisure Co., 4.625%, 3/01/2030(a) | &nbsp;&nbsp; 781380 |
|  |  | &nbsp;&nbsp; 3990284 |
|  | **Media Entertainment — 0.9%** | **Media Entertainment — 0.9%** |
| 470000 | AppLovin Corp., 5.125%, 12/01/2029 | &nbsp;&nbsp; 476117 |
| 270000 | AppLovin Corp., 5.375%, 12/01/2031 | &nbsp;&nbsp; 274745 |
| 1370000 | AppLovin Corp., 5.500%, 12/01/2034 | &nbsp;&nbsp; 1390955 |
| 35000 | Discovery Communications LLC, 3.625%, 5/15/2030 | &nbsp;&nbsp; 30900 |
| 220000 | Discovery Communications LLC, 6.350%, 6/01/2040 | &nbsp;&nbsp; 152821 |
| 120000 | iHeartCommunications, Inc., 7.000%, 1/15/2031(a) | &nbsp;&nbsp; 88847 |
| 489500 | iHeartCommunications, Inc., 7.750%, 8/15/2030(a) | &nbsp;&nbsp; 379054 |
| 1173000 | Warnermedia Holdings, Inc., 4.279%, 3/15/2032 | &nbsp;&nbsp; 872419 |
| 290000 | Warnermedia Holdings, Inc., 5.050%, 3/15/2042 | &nbsp;&nbsp; 170926 |
|  |  | &nbsp;&nbsp; 3836784 |
|  | **Metals & Mining — 2.3%** | **Metals & Mining — 2.3%** |
| 430000 | &nbsp;&nbsp; FMG Resources August 2006 Pty. Ltd., <br> 4.375%, 4/01/2031(a)<br>| &nbsp;&nbsp; 401793 |
| 325000 | Glencore Funding LLC, 2.500%, 9/01/2030(a) | &nbsp;&nbsp; 292662 |
| 2905000 | Glencore Funding LLC, 2.850%, 4/27/2031(a) | &nbsp;&nbsp; 2619121 |
| 1205000 | Glencore Funding LLC, 5.700%, 5/08/2033(a) | &nbsp;&nbsp; 1245829 |
| 1190000 | Glencore Funding LLC, 6.125%, 10/06/2028(a) | &nbsp;&nbsp; 1245146 |
| 3165000 | Glencore Funding LLC, 6.500%, 10/06/2033(a) | &nbsp;&nbsp; 3432159 |
| 25000 | Mineral Resources Ltd., 8.000%, 11/01/2027(a) | &nbsp;&nbsp; 25116 |
| 130000 | Mineral Resources Ltd., 8.500%, 5/01/2030(a) | &nbsp;&nbsp; 129357 |
| 65000 | Mineral Resources Ltd., 9.250%, 10/01/2028(a) | &nbsp;&nbsp; 66522 |
| 515000 | Steel Dynamics, Inc., 5.250%, 5/15/2035 | &nbsp;&nbsp; 515547 |
| 200000 | Steel Dynamics, Inc., 5.375%, 8/15/2034 | &nbsp;&nbsp; 203080 |
|  |  | &nbsp;&nbsp; 10176332 |
|  | **Midstream — 3.1%** | **Midstream — 3.1%** |
| 455000 | Cheniere Energy Partners LP, 3.250%, 1/31/2032 | &nbsp;&nbsp; 407878 |
| 1040000 | Cheniere Energy Partners LP, 4.000%, 3/01/2031 | &nbsp;&nbsp; 989645 |
| 645000 | Cheniere Energy Partners LP, 5.950%, 6/30/2033 | &nbsp;&nbsp; 673274 |
| 530000 | DCP Midstream Operating LP, 3.250%, 2/15/2032 | &nbsp;&nbsp; 468362 |
| 575000 | DCP Midstream Operating LP, 6.450%, 11/03/2036(a) | &nbsp;&nbsp; 589818 |
| 1040000 | Energy Transfer LP, 5.000%, 5/15/2044 | &nbsp;&nbsp; 896220 |
| 1245000 | Energy Transfer LP, 5.600%, 9/01/2034 | &nbsp;&nbsp; 1264439 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Midstream — continued** | **Midstream — continued** |
| $335000 | Energy Transfer LP, 5.700%, 4/01/2035 | &nbsp;&nbsp; $341229 |
| 435000 | Energy Transfer LP, 6.550%, 12/01/2033 | &nbsp;&nbsp; 471959 |
| 715000 | &nbsp;&nbsp; Hess Midstream Operations LP, <br> 4.250%, 2/15/2030(a)<br>| &nbsp;&nbsp; 687453 |
| 95000 | NGPL PipeCo LLC, 7.768%, 12/15/2037(a) | &nbsp;&nbsp; 108483 |
| 235000 | Targa Resources Corp., 5.500%, 2/15/2035 | &nbsp;&nbsp; 235823 |
| 2055000 | Targa Resources Corp., 5.550%, 8/15/2035 | &nbsp;&nbsp; 2065397 |
| 1575000 | &nbsp;&nbsp; Venture Global Calcasieu Pass LLC, <br> 4.125%, 8/15/2031(a)<br>| &nbsp;&nbsp; 1457808 |
| 365000 | &nbsp;&nbsp; Venture Global Calcasieu Pass LLC, <br> 6.250%, 1/15/2030(a)<br>| &nbsp;&nbsp; 376452 |
| 160000 | Venture Global LNG, Inc., 8.375%, 6/01/2031(a) | &nbsp;&nbsp; 166182 |
| 110000 | &nbsp;&nbsp; Venture Global Plaquemines LNG LLC, <br> 6.500%, 1/15/2034<br>| &nbsp;&nbsp; 110000 |
| 115000 | &nbsp;&nbsp; Venture Global Plaquemines LNG LLC, <br> 6.750%, 1/15/2036<br>| &nbsp;&nbsp; 115000 |
| 595000 | &nbsp;&nbsp; Venture Global Plaquemines LNG LLC, <br> 7.500%, 5/01/2033(a)<br>| &nbsp;&nbsp; 637140 |
| 595000 | &nbsp;&nbsp; Venture Global Plaquemines LNG LLC, <br> 7.750%, 5/01/2035(a)<br>| &nbsp;&nbsp; 644041 |
| 230000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.250%, 2/01/2050<br>| &nbsp;&nbsp; 193436 |
| 405000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.300%, 3/01/2048<br>| &nbsp;&nbsp; 337975 |
| 80000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.450%, 4/01/2044<br>| &nbsp;&nbsp; 69737 |
| 55000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 5.500%, 8/15/2048<br>| &nbsp;&nbsp; 47094 |
| 100000 | &nbsp;&nbsp; Western Midstream Operating LP, <br> 6.150%, 4/01/2033<br>| &nbsp;&nbsp; 104071 |
| 225000 | Whistler Pipeline LLC, 5.700%, 9/30/2031(a) | &nbsp;&nbsp; 229373 |
| 250000 | Whistler Pipeline LLC, 5.950%, 9/30/2034(a) | &nbsp;&nbsp; 253217 |
|  |  | &nbsp;&nbsp; 13941506 |
|  | **Natural Gas — 0.1%** | **Natural Gas — 0.1%** |
| 245000 | Southern Co. Gas Capital Corp., 5.750%, 9/15/2033 | &nbsp;&nbsp; 256907 |
|  | **Non-Agency Commercial Mortgage-Backed** <br> **Securities — 1.9%** | **Non-Agency Commercial Mortgage-Backed** <br> **Securities — 1.9%** |
| 170000 | &nbsp;&nbsp; BPR Trust, Series 2021-NRD, Class E, 1 mo. USD <br> SOFR + 5.621%, 9.933%, 12/15/2038(a)(b)<br>| &nbsp;&nbsp; 167688 |
| 740000 | &nbsp;&nbsp; BPR Trust, Series 2021-NRD, Class F, 1 mo. USD <br> SOFR + 6.870%, 11.182%, 12/15/2038(a)(b)<br>| &nbsp;&nbsp; 723032 |
| 570000 | &nbsp;&nbsp; BPR Trust, Series 2022-STAR, Class A, 1 mo. USD <br> SOFR + 3.232%, 7.544%, 8/15/2039(a)(b)<br>| &nbsp;&nbsp; 570097 |
| 385000 | &nbsp;&nbsp; BX Trust, Series 2024-VLT4, Class A, 1 mo. USD <br> SOFR + 1.491%, 5.803%, 7/15/2029(a)(b)<br>| &nbsp;&nbsp; 384879 |
| 2000000 | &nbsp;&nbsp; BX Trust, Series 2025-VLT6, Class A, 1 mo. USD <br> SOFR + 1.443%, 5.755%, 3/15/2042(a)(b)<br>| &nbsp;&nbsp; 1982868 |
| 71468 | &nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, <br> Series 2012-LTRT, Class A2, 3.400%, 10/05/2030(a)<br>| &nbsp;&nbsp; 68594 |
| 100000 | &nbsp;&nbsp; Commercial Mortgage Trust, Series 2024-CBM, <br> Class A2, 5.867%, 12/10/2041(a)(b)<br>| &nbsp;&nbsp; 103426 |
| 185000 | &nbsp;&nbsp; Credit Suisse Mortgage Trust, Series 2014-USA, <br> Class B, 4.185%, 9/15/2037(a)<br>| &nbsp;&nbsp; 161681 |
| 100000 | &nbsp;&nbsp; Credit Suisse Mortgage Trust, Series 2014-USA, <br> Class C, 4.336%, 9/15/2037(a)<br>| &nbsp;&nbsp; 82895 |
| 200000 | &nbsp;&nbsp; Credit Suisse Mortgage Trust, Series 2014-USA, <br> Class D, 4.373%, 9/15/2037(a)<br>| &nbsp;&nbsp; 151290 |
| 545000 | &nbsp;&nbsp; DC Commercial Mortgage Trust, Series 2023-DC, <br> Class C, 7.379%, 9/12/2040(a)(b)<br>| &nbsp;&nbsp; 563669 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | &nbsp;&nbsp; **Non-Agency Commercial Mortgage-Backed** <br> **Securities — continued** | &nbsp;&nbsp; **Non-Agency Commercial Mortgage-Backed** <br> **Securities — continued** |
| $647585 | &nbsp;&nbsp; Extended Stay America Trust, Series 2021-ESH, <br> Class D, 1 mo. USD SOFR + 2.364%, <br> 6.677%, 7/15/2038(a)(b)<br>| &nbsp;&nbsp; $648394 |
| 295000 | &nbsp;&nbsp; GS Mortgage Securities Corp. Trust, <br> Series 2013-PEMB, Class A, 3.668%, 3/05/2033(a)(b)<br>| &nbsp;&nbsp; 254531 |
| 315000 | &nbsp;&nbsp; GS Mortgage Securities Corp. Trust, <br> Series 2013-PEMB, Class B, 3.668%, 3/05/2033(a)(b)<br>| &nbsp;&nbsp; 225225 |
| 200000 | &nbsp;&nbsp; GS Mortgage Securities Trust, Series 2014-GC22, <br> Class B, 4.391%, 6/10/2047(b)<br>| &nbsp;&nbsp; 173628 |
| 378769 | &nbsp;&nbsp; JP Morgan Chase Commercial Mortgage <br> Securities Trust, Series 2012-LC9, Class C, <br> 3.691%, 12/15/2047(a)(b)<br>| &nbsp;&nbsp; 367414 |
| 100000 | &nbsp;&nbsp; JP Morgan Chase Commercial Mortgage <br> Securities Trust, Series 2012-LC9, Class D, <br> 3.691%, 12/15/2047(a)(b)<br>| &nbsp;&nbsp; 94752 |
| 300000 | &nbsp;&nbsp; JP Morgan Chase Commercial Mortgage <br> Securities Trust, Series 2025-BMS, Class A, 1 mo. <br> USD SOFR + 1.600%, 5.912%, 1/15/2042(a)(b)<br>| &nbsp;&nbsp; 297179 |
| 200000 | &nbsp;&nbsp; JP Morgan Chase Commercial Mortgage <br> Securities Trust, Series 2025-BMS, Class B, 1 mo. <br> USD SOFR + 2.000%, 6.312%, 1/15/2042(a)(b)<br>| &nbsp;&nbsp; 198807 |
| 100000 | &nbsp;&nbsp; LEX Mortgage Trust, Series 2024-BBG, Class A, <br> 5.036%, 10/13/2033(a)(b)<br>| &nbsp;&nbsp; 100373 |
| 85967 | &nbsp;&nbsp; MSBAM Commercial Mortgage Securities Trust, <br> Series 2012-CKSV, Class A2, 3.277%, 10/15/2030(a)<br>| &nbsp;&nbsp; 81557 |
| 200000 | &nbsp;&nbsp; New Economy Assets - Phase 1 Sponsor LLC, <br> Series 2021-1, Class A1, 1.910%, 10/20/2061(a)<br>| &nbsp;&nbsp; 188297 |
| 13028 | &nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, <br> Series 2013-LC12, Class B, 3.915%, 7/15/2046(b)<br>| &nbsp;&nbsp; 12475 |
| 275000 | &nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, <br> Series 2016-C36, Class B, 3.671%, 11/15/2059(b)<br>| &nbsp;&nbsp; 255332 |
| 414399 | &nbsp;&nbsp; WFRBS Commercial Mortgage Trust, <br> Series 2013-C15, Class B, 4.286%, 8/15/2046(b)<br>| &nbsp;&nbsp; 389535 |
| 269512 | &nbsp;&nbsp; WFRBS Commercial Mortgage Trust, <br> Series 2014-C20, Class B, 4.378%, 5/15/2047<br>| &nbsp;&nbsp; 239462 |
|  |  | &nbsp;&nbsp; 8487080 |
|  | **Oil Field Services — 0.4%** | **Oil Field Services — 0.4%** |
| 1750000 | Helmerich & Payne, Inc., 5.500%, 12/01/2034(a) | &nbsp;&nbsp; 1595441 |
|  | **Other REITs — 0.3%** | **Other REITs — 0.3%** |
| 270000 | EPR Properties, 3.600%, 11/15/2031 | &nbsp;&nbsp; 245256 |
| 1245000 | Host Hotels & Resorts LP, 5.500%, 4/15/2035 | &nbsp;&nbsp; 1232284 |
|  |  | &nbsp;&nbsp; 1477540 |
|  | **Pharmaceuticals — 2.0%** | **Pharmaceuticals — 2.0%** |
| 1395000 | Bausch Health Cos., Inc., 4.875%, 6/01/2028(a) | &nbsp;&nbsp; 1176745 |
| 690000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Co. LLC, <br> 6.150%, 2/01/2036<br>| &nbsp;&nbsp; 709392 |
| 610000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands II BV, <br> 7.375%, 9/15/2029, (EUR)<br>| &nbsp;&nbsp; 813158 |
| 520000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands II BV, <br> 7.875%, 9/15/2031, (EUR)<br>| &nbsp;&nbsp; 728968 |
| 134000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 3.150%, 10/01/2026<br>| &nbsp;&nbsp; 131397 |
| 3080000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 4.100%, 10/01/2046<br>| &nbsp;&nbsp; 2214987 |
| 703000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 4.750%, 5/09/2027<br>| &nbsp;&nbsp; 701770 |
| 695000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 5.125%, 5/09/2029<br>| &nbsp;&nbsp; 699004 |
| 200000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 6.000%, 12/01/2032<br>| &nbsp;&nbsp; 204244 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Pharmaceuticals — continued** | **Pharmaceuticals — continued** |
| $645000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 7.875%, 9/15/2029<br>| &nbsp;&nbsp; $703612 |
| 460000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, <br> 8.125%, 9/15/2031<br>| &nbsp;&nbsp; 520886 |
| 200000 | &nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands IV BV, <br> 5.750%, 12/01/2030<br>| &nbsp;&nbsp; 203587 |
|  |  | &nbsp;&nbsp; 8807750 |
|  | **Property & Casualty Insurance — 0.8%** | **Property & Casualty Insurance — 0.8%** |
| 425000 | &nbsp;&nbsp; Alliant Holdings Intermediate LLC/Alliant Holdings <br> Co-Issuer, 6.500%, 10/01/2031(a)<br>| &nbsp;&nbsp; 432905 |
| 250000 | Arthur J Gallagher & Co., 5.150%, 2/15/2035 | &nbsp;&nbsp; 250118 |
| 250000 | Arthur J Gallagher & Co., 5.450%, 7/15/2034 | &nbsp;&nbsp; 255580 |
| 180000 | Brown & Brown, Inc., 5.550%, 6/23/2035 | &nbsp;&nbsp; 183553 |
| 1270000 | Marsh & McLennan Cos., Inc., 5.000%, 3/15/2035 | &nbsp;&nbsp; 1269597 |
| 1630000 | &nbsp;&nbsp; MBIA Insurance Corp., 3 mo. USD SOFR + 11.522%, <br> 15.778%, 1/15/2033(a)(b)(f)<br>| &nbsp;&nbsp; 65200 |
| 1135000 | &nbsp;&nbsp; Stewart Information Services Corp., <br> 3.600%, 11/15/2031<br>| &nbsp;&nbsp; 1014881 |
|  |  | &nbsp;&nbsp; 3471834 |
|  | **Restaurants — 0.2%** | **Restaurants — 0.2%** |
| 245000 | &nbsp;&nbsp; 1011778 BC ULC/New Red Finance, Inc., <br> 3.500%, 2/15/2029(a)<br>| &nbsp;&nbsp; 233295 |
| 60000 | &nbsp;&nbsp; 1011778 BC ULC/New Red Finance, Inc., <br> 3.875%, 1/15/2028(a)<br>| &nbsp;&nbsp; 58444 |
| 80000 | &nbsp;&nbsp; 1011778 BC ULC/New Red Finance, Inc., <br> 4.000%, 10/15/2030(a)<br>| &nbsp;&nbsp; 74550 |
| 670000 | &nbsp;&nbsp; 1011778 BC ULC/New Red Finance, Inc., <br> 5.625%, 9/15/2029(a)<br>| &nbsp;&nbsp; 679462 |
|  |  | &nbsp;&nbsp; 1045751 |
|  | **Retailers — 0.3%** | **Retailers — 0.3%** |
| 1025000 | Dillard's, Inc., 7.750%, 7/15/2026 | &nbsp;&nbsp; 1045182 |
| 330000 | &nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH U.K. Ltd., <br> 11.500%, 8/15/2029(a)<br>| &nbsp;&nbsp; 322892 |
|  |  | &nbsp;&nbsp; 1368074 |
|  | **Sovereigns — 3.2%** | **Sovereigns — 3.2%** |
| 1035000 | &nbsp;&nbsp; Chile Government International Bonds, <br> 3.100%, 1/22/2061<br>| &nbsp;&nbsp; 625947 |
| 1295000 | &nbsp;&nbsp; Chile Government International Bonds, <br> 3.250%, 9/21/2071<br>| &nbsp;&nbsp; 784576 |
| 200000 | &nbsp;&nbsp; Chile Government International Bonds, <br> 4.340%, 3/07/2042<br>| &nbsp;&nbsp; 172922 |
| 200000 | &nbsp;&nbsp; Chile Government International Bonds, <br> 5.650%, 1/13/2037<br>| &nbsp;&nbsp; 206020 |
| 1000000 | &nbsp;&nbsp; Colombia Government International Bonds, <br> 8.000%, 4/20/2033<br>| &nbsp;&nbsp; 1033930 |
| 615000 | &nbsp;&nbsp; Kyrgyz Republic International Bonds, <br> 7.750%, 6/03/2030(a)<br>| &nbsp;&nbsp; 605750 |
| 1415000 | &nbsp;&nbsp; Oman Government International Bonds, <br> 6.000%, 8/01/2029<br>| &nbsp;&nbsp; 1481398 |
| 400000 | &nbsp;&nbsp; Philippines Government International Bonds, <br> 2.650%, 12/10/2045<br>| &nbsp;&nbsp; 259527 |
| 600000 | &nbsp;&nbsp; Philippines Government International Bonds, <br> 2.950%, 5/05/2045<br>| &nbsp;&nbsp; 409200 |
| 800000 | &nbsp;&nbsp; Philippines Government International Bonds, <br> 5.900%, 2/04/2050<br>| &nbsp;&nbsp; 816031 |
| 400000 | &nbsp;&nbsp; Republic of Uzbekistan International Bonds, <br> 3.700%, 11/25/2030<br>| &nbsp;&nbsp; 356597 |
| 100000 | &nbsp;&nbsp; Republic of Uzbekistan International Bonds, <br> 5.100%, 2/25/2029, (EUR)(a)<br>| &nbsp;&nbsp; 120513 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Sovereigns — continued** | **Sovereigns — continued** |
| 705000 | &nbsp;&nbsp; Republic of Uzbekistan International Bonds, <br> 5.375%, 5/29/2027, (EUR)(a)<br>| &nbsp;&nbsp; $851549 |
| 1570000 | &nbsp;&nbsp; Republic of Uzbekistan International Bonds, <br> 6.900%, 2/28/2032(a)<br>| &nbsp;&nbsp; 1613332 |
| 550000 | &nbsp;&nbsp; Republic of Uzbekistan International Bonds, <br> 6.947%, 5/25/2032(a)<br>| &nbsp;&nbsp; 566907 |
| 335000 | &nbsp;&nbsp; Republic of Uzbekistan International Bonds, <br> 7.850%, 10/12/2028(a)<br>| &nbsp;&nbsp; 356972 |
| 470000 | &nbsp;&nbsp; Romania Government International Bonds, <br> 5.625%, 2/22/2036, (EUR)<br>| &nbsp;&nbsp; 526847 |
| 2305000 | &nbsp;&nbsp; Romania Government International Bonds, <br> 5.875%, 7/11/2032, (EUR)(a)<br>| &nbsp;&nbsp; 2727241 |
| 735000 | &nbsp;&nbsp; Romania Government International Bonds, <br> 6.250%, 9/10/2034, (EUR)(a)<br>| &nbsp;&nbsp; 872287 |
|  |  | &nbsp;&nbsp; 14387546 |
|  | **Technology — 4.9%** | **Technology — 4.9%** |
| 395000 | Block, Inc., 3.500%, 6/01/2031 | &nbsp;&nbsp; 362321 |
| 70000 | Broadcom, Inc., 2.600%, 2/15/2033(a) | &nbsp;&nbsp; 59873 |
| 915000 | Broadcom, Inc., 3.137%, 11/15/2035(a) | &nbsp;&nbsp; 771747 |
| 680000 | Broadcom, Inc., 3.419%, 4/15/2033(a) | &nbsp;&nbsp; 616712 |
| 2065000 | Broadcom, Inc., 3.469%, 4/15/2034(a) | &nbsp;&nbsp; 1844651 |
| 1465000 | CDW LLC/CDW Finance Corp., 3.569%, 12/01/2031 | &nbsp;&nbsp; 1348420 |
| 840000 | CDW LLC/CDW Finance Corp., 5.550%, 8/22/2034 | &nbsp;&nbsp; 837678 |
| 1585000 | Entegris, Inc., 4.750%, 4/15/2029(a) | &nbsp;&nbsp; 1567423 |
| 675000 | Fair Isaac Corp., 6.000%, 5/15/2033(a) | &nbsp;&nbsp; 681187 |
| 330000 | Foundry JV Holdco LLC, 5.875%, 1/25/2034(a) | &nbsp;&nbsp; 335322 |
| 1775000 | Global Payments, Inc., 5.400%, 8/15/2032 | &nbsp;&nbsp; 1811813 |
| 1215000 | Iron Mountain, Inc., 4.875%, 9/15/2029(a) | &nbsp;&nbsp; 1193638 |
| 115000 | Leidos, Inc., 4.375%, 5/15/2030 | &nbsp;&nbsp; 113306 |
| 160000 | Leidos, Inc., 5.400%, 3/15/2032 | &nbsp;&nbsp; 163304 |
| 320000 | Leidos, Inc., 5.500%, 3/15/2035 | &nbsp;&nbsp; 324878 |
| 1080000 | Leidos, Inc., 5.750%, 3/15/2033 | &nbsp;&nbsp; 1125147 |
| 1440000 | Micron Technology, Inc., 5.875%, 9/15/2033 | &nbsp;&nbsp; 1504378 |
| 660000 | Micron Technology, Inc., 6.050%, 11/01/2035 | &nbsp;&nbsp; 690733 |
| 1745000 | Motorola Solutions, Inc., 5.550%, 8/15/2035 | &nbsp;&nbsp; 1779195 |
| 430000 | NetApp, Inc., 5.500%, 3/17/2032 | &nbsp;&nbsp; 442914 |
| 380000 | NetApp, Inc., 5.700%, 3/17/2035 | &nbsp;&nbsp; 390246 |
| 320000 | Paychex, Inc., 5.600%, 4/15/2035 | &nbsp;&nbsp; 330772 |
| 615000 | Sensata Technologies BV, 4.000%, 4/15/2029(a) | &nbsp;&nbsp; 584915 |
| 200000 | Sensata Technologies BV, 5.875%, 9/01/2030(a) | &nbsp;&nbsp; 200269 |
| 135000 | Sensata Technologies, Inc., 3.750%, 2/15/2031(a) | &nbsp;&nbsp; 123055 |
| 25000 | Sensata Technologies, Inc., 4.375%, 2/15/2030(a) | &nbsp;&nbsp; 23868 |
| 645000 | Synopsys, Inc., 5.700%, 4/01/2055 | &nbsp;&nbsp; 641297 |
| 655000 | TD SYNNEX Corp., 6.100%, 4/12/2034 | &nbsp;&nbsp; 689351 |
| 995000 | Trimble, Inc., 6.100%, 3/15/2033 | &nbsp;&nbsp; 1057053 |
| 176000 | Western Digital Corp., 4.750%, 2/15/2026 | &nbsp;&nbsp; 175537 |
|  |  | &nbsp;&nbsp; 21791003 |
|  | **Treasuries — 16.6%** | **Treasuries — 16.6%** |
| 10,975(g)<br>| &nbsp;&nbsp; Brazil Notas do Tesouro Nacional, <br> 10.000%, 1/01/2031, (BRL)<br>| &nbsp;&nbsp; 1771510 |
| 490000 | &nbsp;&nbsp; Bundesschatzanweisungen, 2.200%, 3/11/2027, <br> (EUR)<br>| &nbsp;&nbsp; 580515 |
| 415,255(h)<br>| Mexico Bonos, 7.750%, 11/23/2034, (MXN) | &nbsp;&nbsp; 2017354 |
| 16465000 | &nbsp;&nbsp; Republic of South Africa Government Bonds, <br> 8.875%, 2/28/2035, (ZAR)<br>| &nbsp;&nbsp; 869315 |
| 53455000 | &nbsp;&nbsp; Republic of South Africa Government Bonds, <br> 9.000%, 1/31/2040, (ZAR)<br>| &nbsp;&nbsp; 2610746 |
| 11815000 | &nbsp;&nbsp; Turkiye Government Bonds, 36.000%, 8/12/2026, <br> (TRY)<br>| &nbsp;&nbsp; 289893 |
| 72615000 | &nbsp;&nbsp; Turkiye Government Bonds, 37.000%, 2/18/2026, <br> (TRY)<br>| &nbsp;&nbsp; 1804548 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Treasuries — continued** | **Treasuries — continued** |
| 2085000 | U.K. Gilts, 4.500%, 3/07/2035, (GBP) | &nbsp;&nbsp; $2863237 |
| 25935000 | U.S. Treasury Notes, 3.750%, 4/30/2027 | &nbsp;&nbsp; 25930948 |
| 22560000 | U.S. Treasury Notes, 4.000%, 3/31/2030 | &nbsp;&nbsp; 22769738 |
| 10610000 | U.S. Treasury Notes, 4.500%, 3/31/2026(i) | &nbsp;&nbsp; 10639012 |
| 27220000 | &nbsp;&nbsp; Uruguay Government International Bonds, <br> 8.500%, 3/15/2028, (UYU)<br>| &nbsp;&nbsp; 678183 |
| 27700000 | &nbsp;&nbsp; Uruguay Government International Bonds, <br> 9.750%, 7/20/2033, (UYU)<br>| &nbsp;&nbsp; 731684 |
|  |  | &nbsp;&nbsp; 73556683 |
|  | **Wireless — 0.9%** | **Wireless — 0.9%** |
| 1165000 | American Tower Corp., 5.900%, 11/15/2033 | &nbsp;&nbsp; 1229080 |
| 400000 | SoftBank Group Corp., 4.625%, 7/06/2028 | &nbsp;&nbsp; 384024 |
| 875000 | Sprint Capital Corp., 8.750%, 3/15/2032 | &nbsp;&nbsp; 1061454 |
| 265000 | T-Mobile USA, Inc., 2.700%, 3/15/2032 | &nbsp;&nbsp; 233547 |
| 605000 | T-Mobile USA, Inc., 4.700%, 1/15/2035 | &nbsp;&nbsp; 586157 |
| 500000 | T-Mobile USA, Inc., 5.750%, 1/15/2034 | &nbsp;&nbsp; 523650 |
|  |  | &nbsp;&nbsp; 4017912 |
|  | **Wirelines — 0.3%** | **Wirelines — 0.3%** |
| 1200000 | AT&T, Inc., 5.375%, 8/15/2035 | &nbsp;&nbsp; 1221904 |
|  | &nbsp;&nbsp; Total Non-Convertible Bonds <br>(Identified Cost $387,168,576)<br>| &nbsp;&nbsp; 377941703 |
| **Convertible Bonds — 1.3%** | **Convertible Bonds — 1.3%** | **Convertible Bonds — 1.3%** |
|  | **Brokerage — 0.0%** | **Brokerage — 0.0%** |
| 82000 | Coinbase Global, Inc., 0.250%, 4/01/2030 | &nbsp;&nbsp; 107051 |
|  | **Cable Satellite — 0.2%** | **Cable Satellite — 0.2%** |
| 782781 | &nbsp;&nbsp; EchoStar Corp., 3.875% PIK and/or 3.875% Cash, <br> 11/30/2030(e)<br>| &nbsp;&nbsp; 921725 |
|  | **Consumer Cyclical Services — 0.1%** | **Consumer Cyclical Services — 0.1%** |
| 117000 | &nbsp;&nbsp; DoorDash, Inc., Zero Coupon, <br> 0.000%, 5/15/2030(a)(j)<br>| &nbsp;&nbsp; 126753 |
| 120000 | &nbsp;&nbsp; Uber Technologies, Inc., Series 2028, <br> 0.875%, 12/01/2028<br>| &nbsp;&nbsp; 171180 |
|  |  | &nbsp;&nbsp; 297933 |
|  | **Diversified Manufacturing — 0.1%** | **Diversified Manufacturing — 0.1%** |
| 89000 | &nbsp;&nbsp; Advanced Energy Industries, Inc., <br> 2.500%, 9/15/2028<br>| &nbsp;&nbsp; 106613 |
| 54000 | Bloom Energy Corp., 3.000%, 6/01/2028 | &nbsp;&nbsp; 79866 |
| 87000 | Itron, Inc., 1.375%, 7/15/2030 | &nbsp;&nbsp; 103443 |
|  |  | &nbsp;&nbsp; 289922 |
|  | **Electric — 0.0%** | **Electric — 0.0%** |
| 176000 | Evergy, Inc., 4.500%, 12/15/2027 | &nbsp;&nbsp; 205832 |
| 57000 | Pinnacle West Capital Corp., 4.750%, 6/15/2027 | &nbsp;&nbsp; 61731 |
|  |  | &nbsp;&nbsp; 267563 |
|  | **Food & Beverage — 0.0%** | **Food & Beverage — 0.0%** |
| 197000 | Post Holdings, Inc., 2.500%, 8/15/2027 | &nbsp;&nbsp; 224875 |
|  | **Independent Energy — 0.1%** | **Independent Energy — 0.1%** |
| 160000 | Northern Oil & Gas, Inc., 3.625%, 4/15/2029 | &nbsp;&nbsp; 166800 |
| 44000 | &nbsp;&nbsp; Permian Resources Operating LLC, <br> 3.250%, 4/01/2028<br>| &nbsp;&nbsp; 106062 |
|  |  | &nbsp;&nbsp; 272862 |
|  | **Industrial Other — 0.1%** | **Industrial Other — 0.1%** |
| 130000 | Fluor Corp., 1.125%, 8/15/2029 | &nbsp;&nbsp; 170560 |
| 59000 | Granite Construction, Inc., 3.750%, 5/15/2028 | &nbsp;&nbsp; 122513 |
|  |  | &nbsp;&nbsp; 293073 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Leisure — 0.1%** | **Leisure — 0.1%** |
| $110000 | Carnival Corp., 5.750%, 12/01/2027 | &nbsp;&nbsp; $241945 |
| 255000 | NCL Corp. Ltd., 0.875%, 4/15/2030(a) | &nbsp;&nbsp; 272691 |
|  |  | &nbsp;&nbsp; 514636 |
|  | **Media Entertainment — 0.1%** | **Media Entertainment — 0.1%** |
| 119000 | Sea Ltd., 2.375%, 12/01/2025 | &nbsp;&nbsp; 211378 |
| 51000 | Spotify USA, Inc., Zero Coupon, 0.000%, 3/15/2026(j) | &nbsp;&nbsp; 77260 |
|  |  | &nbsp;&nbsp; 288638 |
|  | **Pharmaceuticals — 0.0%** | **Pharmaceuticals — 0.0%** |
| 200000 | Jazz Investments I Ltd., 3.125%, 9/15/2030(a) | &nbsp;&nbsp; 212000 |
|  | **Retailers — 0.0%** | **Retailers — 0.0%** |
| 71000 | Freshpet, Inc., 3.000%, 4/01/2028 | &nbsp;&nbsp; 88182 |
|  | **Technology — 0.5%** | **Technology — 0.5%** |
| 200000 | &nbsp;&nbsp; CyberArk Software Ltd., Zero Coupon, <br> 0.000%, 6/15/2030(a)(j)<br>| &nbsp;&nbsp; 205500 |
| 340000 | &nbsp;&nbsp; Datadog, Inc., Zero Coupon, <br> 0.000%–3.296%, 12/01/2029(a)(k)<br>| &nbsp;&nbsp; 324870 |
| 198000 | Global Payments, Inc., 1.500%, 3/01/2031 | &nbsp;&nbsp; 176814 |
| 137000 | Guidewire Software, Inc., 1.250%, 11/01/2029(a) | &nbsp;&nbsp; 161523 |
| 53000 | InterDigital, Inc., 3.500%, 6/01/2027 | &nbsp;&nbsp; 154362 |
| 111000 | Nutanix, Inc., 0.250%, 10/01/2027 | &nbsp;&nbsp; 156177 |
| 233000 | Parsons Corp., 2.625%, 3/01/2029 | &nbsp;&nbsp; 247679 |
| 177000 | Rubrik, Inc., Zero Coupon, 0.000%, 6/15/2030(a)(j) | &nbsp;&nbsp; 185297 |
| 61000 | Seagate HDD Cayman, 3.500%, 6/01/2028 | &nbsp;&nbsp; 109708 |
| 132000 | &nbsp;&nbsp; Snowflake, Inc., Zero Coupon, <br> 0.000%, 10/01/2029(a)(j)<br>| &nbsp;&nbsp; 205392 |
| 81000 | Tyler Technologies, Inc., 0.250%, 3/15/2026 | &nbsp;&nbsp; 99549 |
| 86000 | Vertex, Inc., 0.750%, 5/01/2029 | &nbsp;&nbsp; 102815 |
|  |  | &nbsp;&nbsp; 2129686 |
|  | &nbsp;&nbsp; Total Convertible Bonds <br>(Identified Cost $5,401,836)<br>| &nbsp;&nbsp; 5908146 |
| **Municipals — 0.5%** | **Municipals — 0.5%** | **Municipals — 0.5%** |
|  | **Virginia — 0.5%** | **Virginia — 0.5%** |
| 2645000 | &nbsp;&nbsp; Tobacco Settlement Financing Corp., <br> 6.706%, 6/01/2046 <br>(Identified Cost $2,629,396)<br>| &nbsp;&nbsp; 2081388 |
|  | &nbsp;&nbsp; Total Bonds and Notes <br>(Identified Cost $395,199,808)<br>| &nbsp;&nbsp; 385931237 |
| **Senior Loans — 4.1%** | **Senior Loans — 4.1%** | **Senior Loans — 4.1%** |
|  | **Aerospace & Defense — 0.1%** | **Aerospace & Defense — 0.1%** |
| 98752 | &nbsp;&nbsp; TransDigm, Inc., 2023 Term Loan J, 3 mo. USD SOFR <br> + 2.500%, 6.796%, 2/28/2031(b)(l)<br>| &nbsp;&nbsp; 98921 |
| 161566 | &nbsp;&nbsp; TransDigm, Inc., 2024 Term Loan I, 3 mo. USD SOFR <br> + 2.750%, 7.046%, 8/24/2028(b)(l)<br>| &nbsp;&nbsp; 162084 |
|  |  | &nbsp;&nbsp; 261005 |
|  | **Brokerage — 0.0%** | **Brokerage — 0.0%** |
| 214461 | &nbsp;&nbsp; Citadel Securities LP, 2024 First Lien Term Loan, <br> 10/31/2031(m)<br>| &nbsp;&nbsp; 215240 |
|  | **Cable Satellite — 0.0%** | **Cable Satellite — 0.0%** |
| 224094 | &nbsp;&nbsp; CSC Holdings LLC, 2022 Term Loan B6, 1 mo. USD <br> SOFR + 4.500%, 8.812%, 1/18/2028(b)(l)<br>| &nbsp;&nbsp; 220735 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Construction Machinery — 0.1%** | **Construction Machinery — 0.1%** |
| $180000 | Herc Holdings, Inc., Term Loan B, 6/02/2032(m) | &nbsp;&nbsp; $180526 |
| 154613 | Terex Corp., 2024 Term Loan B, 10/08/2031(m) | &nbsp;&nbsp; 155370 |
|  |  | &nbsp;&nbsp; 335896 |
|  | **Diversified Manufacturing — 0.3%** | **Diversified Manufacturing — 0.3%** |
| 224829 | &nbsp;&nbsp; Resideo Funding, Inc., 2024 1st Lien Term Loan B, <br> 1 mo. USD SOFR + 1.750%, 6.062%, 2/11/2028(b)(l)<br>| &nbsp;&nbsp; 224548 |
| 994611 | &nbsp;&nbsp; Resideo Funding, Inc., 2024 M&A 1st lien Term <br> Loan B, 3 mo. USD SOFR + 1.750%, <br> 6.069%, 6/13/2031(b)(l)<br>| &nbsp;&nbsp; 990881 |
|  |  | &nbsp;&nbsp; 1215429 |
|  | **Electric — 0.1%** | **Electric — 0.1%** |
| 243153 | &nbsp;&nbsp; NRG Energy, Inc., 2024 Term Loan, 3 mo. USD SOFR <br> + 1.750%, 6.030%, 4/16/2031(b)(l)<br>| &nbsp;&nbsp; 243457 |
|  | **Food & Beverage — 0.2%** | **Food & Beverage — 0.2%** |
| 100000 | &nbsp;&nbsp; Aramark Services, Inc., 2024 Term Loan B7, 1 mo. <br> USD SOFR + 2.000%, 6.327%, 4/06/2028(b)<br>| &nbsp;&nbsp; 100054 |
| 919013 | &nbsp;&nbsp; Aramark Services, Inc., 2024 Term Loan B8, 1 mo. <br> USD SOFR + 2.000%, 6.327%, 6/22/2030(b)(l)<br>| &nbsp;&nbsp; 920161 |
|  |  | &nbsp;&nbsp; 1020215 |
|  | **Gaming — 0.5%** | **Gaming — 0.5%** |
| 558600 | &nbsp;&nbsp; DK Crown Holdings, Inc., 2025 Term Loan B, 1 mo. <br> USD SOFR + 1.750%, 6.066%, 3/04/2032(b)(l)<br>| &nbsp;&nbsp; 556505 |
| 1412660 | &nbsp;&nbsp; Flutter Financing BV, 2024 Term Loan B, 3 mo. USD <br> SOFR + 1.750%, 6.046%, 11/30/2030(b)(l)<br>| &nbsp;&nbsp; 1407362 |
| 130000 | &nbsp;&nbsp; Flutter Financing BV, 2025 Term Loan B, 3 mo. USD <br> SOFR + 2.000%, 6.296%, 6/04/2032(b)(l)<br>| &nbsp;&nbsp; 129838 |
| 49501 | &nbsp;&nbsp; Light & Wonder International, Inc., 2024 Term Loan <br> B2, 1 mo. USD SOFR + 2.250%, <br> 6.564%, 4/14/2029(b)(l)<br>| &nbsp;&nbsp; 49476 |
|  |  | &nbsp;&nbsp; 2143181 |
|  | **Healthcare — 0.2%** | **Healthcare — 0.2%** |
| 199497 | &nbsp;&nbsp; DaVita, Inc., 2024 Extended Term Loan B1, <br> 5/09/2031(m)<br>| &nbsp;&nbsp; 200471 |
| 482700 | &nbsp;&nbsp; IQVIA, Inc., 2025 Repriced Term Loan B, 3 mo. USD <br> SOFR + 1.750%, 6.046%, 1/02/2031(b)(l)<br>| &nbsp;&nbsp; 484360 |
|  |  | &nbsp;&nbsp; 684831 |
|  | **Leisure — 0.2%** | **Leisure — 0.2%** |
| 65275 | &nbsp;&nbsp; Carnival Corp., 2025 Term Loan (2027), 1 mo. USD <br> SOFR + 2.000%, 6.312%, 8/08/2027(b)(l)<br>| &nbsp;&nbsp; 65214 |
| 760591 | &nbsp;&nbsp; Carnival Corp., 2025 Term Loan (2028), 1 mo. USD <br> SOFR + 2.000%, 6.312%, 10/18/2028(b)(l)<br>| &nbsp;&nbsp; 759876 |
| 237600 | &nbsp;&nbsp; Six Flags Entertainment Corp., 2024 Term Loan B, <br> 1 mo. USD SOFR + 2.000%, 6.327%, 5/01/2031(b)(l)<br>| &nbsp;&nbsp; 237600 |
|  |  | &nbsp;&nbsp; 1062690 |
|  | **Lodging — 1.0%** | **Lodging — 1.0%** |
| 716063 | &nbsp;&nbsp; Hilton Domestic Operating Co., Inc., 2023 Term <br> Loan B4, 1 mo. USD SOFR + 1.750%, <br> 6.069%, 11/08/2030(b)<br>| &nbsp;&nbsp; 718189 |
| 26967 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC, 2021 Term <br> Loan B, 1 mo. USD SOFR + 2.000%, <br> 6.327%, 8/02/2028(b)(l)<br>| &nbsp;&nbsp; 26937 |
| 1745050 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC, 2024 <br> Incremental Term Loan B, 1 mo. USD SOFR + <br> 2.000%, 6.327%, 1/17/2031(b)(l)<br>| &nbsp;&nbsp; 1741927 |
| 1980000 | &nbsp;&nbsp; Wyndham Hotels & Resorts, Inc., 2024 Term Loan, <br> 1 mo. USD SOFR + 1.750%, 6.077%, 5/24/2030(b)(l)<br>| &nbsp;&nbsp; 1986712 |
|  |  | &nbsp;&nbsp; 4473765 |

---

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
|  | **Metals & Mining — 0.2%** | **Metals & Mining — 0.2%** |
| $796359 | &nbsp;&nbsp; Novelis Corp., 2025 Term Loan B, 3 mo. USD SOFR + <br> 2.000%, 6.299%, 3/11/2032(b)(l)<br>| &nbsp;&nbsp; $797355 |
|  | **Paper — 0.2%** | **Paper — 0.2%** |
| 1058230 | &nbsp;&nbsp; Asplundh Tree Expert LLC, 2024 Incremental Term <br> Loan B, 1 mo. USD SOFR + 1.750%, <br> 6.077%, 5/23/2031(b)<br>| &nbsp;&nbsp; 1059002 |
|  | **Property & Casualty Insurance — 0.2%** | **Property & Casualty Insurance — 0.2%** |
| 269742 | &nbsp;&nbsp; HUB International Ltd., 2025 Term Loan B, 3 mo. <br> USD SOFR + 2.500%, 6.770%, 6/20/2030(b)(l)<br>| &nbsp;&nbsp; 270489 |
| 156215 | &nbsp;&nbsp; Ryan Specialty Group LLC, 2024 USD Term Loan B, <br> 1 mo. USD SOFR + 2.250%, 6.577%, 9/15/2031(b)(l)<br>| &nbsp;&nbsp; 155954 |
| 268231 | &nbsp;&nbsp; Truist Insurance Holdings LLC, 2024 Term Loan B, <br> 3 mo. USD SOFR + 2.750%, 7.046%, 5/06/2031(b)(l)<br>| &nbsp;&nbsp; 268175 |
|  |  | &nbsp;&nbsp; 694618 |
|  | **Technology — 0.7%** | **Technology — 0.7%** |
| 200380 | &nbsp;&nbsp; Ciena Corp., 2025 Repriced Term Loan B, 1 mo. USD <br> SOFR + 1.750%, 6.068%, 10/24/2030(b)(l)<br>| &nbsp;&nbsp; 201132 |
| 976498 | &nbsp;&nbsp; Open Text Corp., 2023 Term Loan B, 1 mo. USD <br> SOFR + 1.750%, 6.077%, 1/31/2030(b)(l)<br>| &nbsp;&nbsp; 975404 |
| 1969342 | &nbsp;&nbsp; Trans Union LLC, 2024 Term Loan B8, 1 mo. USD <br> SOFR + 1.750%, 6.077%, 6/24/2031(b)(l)<br>| &nbsp;&nbsp; 1970918 |
|  |  | &nbsp;&nbsp; 3147454 |
|  | **Wireless — 0.1%** | **Wireless — 0.1%** |
| 465213 | &nbsp;&nbsp; SBA Senior Finance II LLC, 2024 Term Loan B, 1 mo. <br> USD SOFR + 1.750%, 6.080%, 1/25/2031(b)(l)<br>| &nbsp;&nbsp; 465622 |
|  | &nbsp;&nbsp; Total Senior Loans <br>(Identified Cost $18,041,710)<br>| &nbsp;&nbsp; 18040495 |
| **Collateralized Loan Obligations — 2.8%** | **Collateralized Loan Obligations — 2.8%** | **Collateralized Loan Obligations — 2.8%** |
| 1005000 | &nbsp;&nbsp; AIMCO CLO, Series 2017-AA, Class D1R2, 3 mo. <br> USD SOFR + 2.400%, 6.670%, 1/20/2038(a)(b)<br>| &nbsp;&nbsp; 1008309 |
| 1940000 | &nbsp;&nbsp; AIMCO CLO 14 Ltd., Series 2021-14A, Class D, 3 mo. <br> USD SOFR + 3.162%, 7.431%, 4/20/2034(a)(b)<br>| &nbsp;&nbsp; 1945184 |
| 255000 | &nbsp;&nbsp; Atrium XV, Series 15A, Class D1R, 3 mo. USD SOFR <br> + 3.300%, 7.561%, 7/16/2037(a)(b)<br>| &nbsp;&nbsp; 256259 |
| 970000 | &nbsp;&nbsp; Benefit Street Partners CLO XXVIII Ltd., <br> Series 2022-28A, Class BR, 3 mo. USD SOFR + <br> 1.700%, 5.970%, 10/20/2037(a)(b)<br>| &nbsp;&nbsp; 971963 |
| 420000 | &nbsp;&nbsp; Benefit Street Partners CLO XXXVII Ltd., <br> Series 2024-37A, Class B, 3 mo. USD SOFR + <br> 1.650%, 5.998%, 1/25/2038(a)(b)<br>| &nbsp;&nbsp; 420891 |
| 610000 | &nbsp;&nbsp; Birch Grove CLO 9 Ltd., Series 2024-9A, Class A1, <br> 3 mo. USD SOFR + 1.400%, 5.672%, 10/22/2037(a)(b)<br>| &nbsp;&nbsp; 610988 |
| 305000 | &nbsp;&nbsp; CarVal CLO I Ltd., Series 2018-1A, Class D, 3 mo. <br> USD SOFR + 3.152%, 7.412%, 7/16/2031(a)(b)<br>| &nbsp;&nbsp; 305139 |
| 340000 | &nbsp;&nbsp; Elmwood CLO VIII Ltd., Series 2021-1A, Class DR, <br> 3 mo. USD SOFR + 3.800%, 8.070%, 4/20/2037(a)(b)<br>| &nbsp;&nbsp; 342354 |
| 1090000 | &nbsp;&nbsp; Fort Greene Park CLO LLC, Series 2025-2A, <br> Class DR, 3 mo. USD SOFR + 2.350%, <br> 6.622%, 4/22/2034(a)(b)<br>| &nbsp;&nbsp; 1068595 |
| 365000 | &nbsp;&nbsp; Invesco CLO Ltd., Series 2021-1A, Class D, 3 mo. <br> USD SOFR + 3.312%, 7.568%, 4/15/2034(a)(b)<br>| &nbsp;&nbsp; 362455 |
| 500000 | &nbsp;&nbsp; Madison Park Funding XXXI Ltd., Series 2018-31A, <br> Class D1R, 3 mo. USD SOFR + 3.300%, <br> 7.579%, 7/23/2037(a)(b)<br>| &nbsp;&nbsp; 502500 |
| 1885000 | &nbsp;&nbsp; Oaktree CLO Ltd., Series 2019-2A, Class BRR, 3 mo. <br> USD SOFR + 2.200%, 6.456%, 10/15/2037(a)(b)<br>| &nbsp;&nbsp; 1893073 |
| 890000 | &nbsp;&nbsp; Palmer Square BDC CLO 1 Ltd., Series 1A, Class A, <br> 3 mo. USD SOFR + 1.600%, 5.856%, 7/15/2037(a)(b)<br>| &nbsp;&nbsp; 894351 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal**<br> **Amount** <br>| **Description** | **Value (†)** |
| $625000 | &nbsp;&nbsp; Palmer Square BDC CLO 1 Ltd., Series 1A, Class B1, <br> 3 mo. USD SOFR + 2.150%, 6.406%, 7/15/2037(a)(b)<br>| &nbsp;&nbsp; $629151 |
| 250000 | &nbsp;&nbsp; Recette CLO Ltd., Series 2015-1A, Class DRR, 3 mo. <br> USD SOFR + 3.512%, 7.781%, 4/20/2034(a)(b)<br>| &nbsp;&nbsp; 250183 |
| 343831 | &nbsp;&nbsp; Rockford Tower CLO Ltd., Series 2018-1A, Class A, <br> 3 mo. USD SOFR + 1.362%, 5.684%, 5/20/2031(a)(b)<br>| &nbsp;&nbsp; 344057 |
| 575000 | &nbsp;&nbsp; Sixth Street CLO XVIII Ltd., Series 2021-18A, <br> Class D, 3 mo. USD SOFR + 3.162%, <br> 7.431%, 4/20/2034(a)(b)<br>| &nbsp;&nbsp; 576484 |
|  | &nbsp;&nbsp; Total Collateralized Loan Obligations <br>(Identified Cost $12,362,530)<br>| &nbsp;&nbsp; 12381936 |

---

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares**<br>|  |  |
| **Common Stocks— 0.7%** | **Common Stocks— 0.7%** | **Common Stocks— 0.7%** |
|  | **Biotechnology — 0.2%** | **Biotechnology — 0.2%** |
| 18635 | BioMarin Pharmaceutical, Inc.(f) | &nbsp;&nbsp; 1024366 |
|  | **Construction Materials — 0.3%** | **Construction Materials — 0.3%** |
| 155502 | Cemex SAB de CV, ADR | &nbsp;&nbsp; 1077629 |
|  | **Media — 0.1%** | **Media — 0.1%** |
| 138910 | Altice USA, Inc., Class A(f) | &nbsp;&nbsp; 297268 |
| 34625 | iHeartMedia, Inc., Class A(f) | &nbsp;&nbsp; 60940 |
| 5806 | Paramount Global, Class B | &nbsp;&nbsp; 74897 |
|  |  | &nbsp;&nbsp; 433105 |
|  | **Oil, Gas & Consumable Fuels — 0.0%** | **Oil, Gas & Consumable Fuels — 0.0%** |
| 939 | Battalion Oil Corp.(f) | &nbsp;&nbsp; 1211 |
|  | **Pharmaceuticals — 0.1%** | **Pharmaceuticals — 0.1%** |
| 25812 | Teva Pharmaceutical Industries Ltd., ADR(f) | &nbsp;&nbsp; 432609 |
|  | **Real Estate Management & Development — 0.0%** | **Real Estate Management & Development — 0.0%** |
| 46580 | Sunac China Holdings Ltd.(f) | &nbsp;&nbsp; 8519 |
|  | &nbsp;&nbsp; Total Common Stocks <br>(Identified Cost $6,101,414)<br>| &nbsp;&nbsp; 2977439 |
| **Preferred Stocks — 0.3%** | **Preferred Stocks — 0.3%** | **Preferred Stocks — 0.3%** |
| **Convertible Preferred Stocks — 0.3%** | **Convertible Preferred Stocks — 0.3%** | **Convertible Preferred Stocks — 0.3%** |
|  | **Aerospace & Defense — 0.2%** | **Aerospace & Defense — 0.2%** |
| 12785 | Boeing Co., 6.000% | &nbsp;&nbsp; 869380 |
|  | **Brokerage — 0.0%** | **Brokerage — 0.0%** |
| 1800 | Apollo Global Management, Inc., 6.750% | &nbsp;&nbsp; 134730 |
|  | **Electric — 0.1%** | **Electric — 0.1%** |
| 4516 | PG&E Corp., Series A, 6.000% | &nbsp;&nbsp; 169802 |
|  | &nbsp;&nbsp; Total Convertible Preferred Stocks <br>(Identified Cost $973,222)<br>| &nbsp;&nbsp; 1173912 |
|  | &nbsp;&nbsp; Total Preferred Stocks <br>(Identified Cost $973,222)<br>| &nbsp;&nbsp; 1173912 |

---

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

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Amount** <br>| **Description** | **Value (†)** |
| **Short-Term Investments — 4.4%** | **Short-Term Investments — 4.4%** | **Short-Term Investments — 4.4%** |
| $13029414 | &nbsp;&nbsp; Tri-Party Repurchase Agreement with Fixed <br> Income Clearing Corporation, dated 6/30/2025 at <br> 2.900% to be repurchased at $13,030,464 on <br> 7/01/2025 collateralized by $13,289,000 <br> U.S. Treasury Note, 3.750% due 6/30/2027 valued at <br> $13,290,074 including accrued interest(n)<br>| &nbsp;&nbsp; $13029414 |
| 4510000 | U.S. Treasury Bills, 4.106%, 12/26/2025(o) | &nbsp;&nbsp; 4418350 |
| 2225000 | U.S. Treasury Bills, 4.145%, 12/18/2025(o) | &nbsp;&nbsp; 2181698 |
|  | &nbsp;&nbsp; Total Short-Term Investments <br>(Identified Cost $19,629,290)<br>| &nbsp;&nbsp; 19629462 |
|  | &nbsp;&nbsp; Total Investments — 99.6% <br>(Identified Cost $452,307,974)<br>| &nbsp;&nbsp; 440134481 |
|  | Other assets less liabilities — 0.4% | &nbsp;&nbsp; 1710829 |
|  | Net Assets — 100.0% | &nbsp;&nbsp; $441845310 |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Written Options — (0.0%)** | **Written Options — (0.0%)** | **Written Options — (0.0%)** | **Written Options — (0.0%)** | **Written Options — (0.0%)** | **Written Options — (0.0%)** | **Written Options — (0.0%)** |
| **Description** | &nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| &nbsp;&nbsp;&nbsp; **Exercise** <br>**Price**<br>| **Shares** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| &nbsp;&nbsp; **Premiums** <br>**(Received)**<br>| **Value (†)** |
| **Options on Futures — (0.0%)** | **Options on Futures — (0.0%)** | **Options on Futures — (0.0%)** | **Options on Futures — (0.0%)** | **Options on Futures — (0.0%)** | **Options on Futures — (0.0%)** | **Options on Futures — (0.0%)** |
| CBOT 5 Year U.S. Treasury Notes, Call | 7/25/2025 | 109.25 | &nbsp;&nbsp;&nbsp; (250000)<br>| &nbsp;&nbsp;&nbsp; $(27250000)<br>| &nbsp;&nbsp;&nbsp; $(73696)<br>| &nbsp;&nbsp;&nbsp; $(85938)<br>|

---

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

------

---

| | |
|:---|:---|
| (†) | &nbsp;&nbsp;&nbsp; Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains <br> readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available <br> are priced at fair value pursuant to the Fund's Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the <br> Board's oversight. <br>Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment <br> companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures <br> contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most <br> extensively. Domestic, exchange-traded index and single name equity option contracts (including options on exchange-traded funds) are valued at the <br> mean of the National Best Bid and Offer quotations as determined by the Options Price Reporting Authority. Shares of open-end investment companies <br> are valued at net asset value ("NAV") per share. <br>Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an <br> independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair valued at the last sale price quoted in the <br> market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent <br> pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be fair valued using evaluated bids furnished <br> by an independent pricing service, if available. <br>Debt securities and unlisted preferred equity securities are fair valued based on evaluated bids furnished to the Fund by an independent pricing service <br> or bid prices obtained from broker-dealers. Senior loans and collateralized loan obligations are fair valued at bid prices supplied by an independent <br> pricing service, if available. Broker-dealer bid prices may be used to fair value debt, unlisted equities, senior loans and collateralized loan obligations <br> where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the <br> investment. Forward foreign currency contracts are fair valued utilizing interpolated rates determined based on information provided by an independent <br> pricing service. <br>The Fund may also fair value investments in other circumstances such as when extraordinary events occur after the close of a foreign market, but prior <br> to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of <br> the issuer's security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market <br> disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing a Fund's investments, the valuation designee may, <br> among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or other related <br> market activity and/or information that occurred after the close of the foreign market but before the time the Fund's NAV is calculated. Fair valuation by <br> the Fund's valuation designee may require subjective determinations about the value of the investment, and fair values used to determine a Fund's NAV <br> may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, the use of fair value pricing may <br> not always result in adjustments to the prices of investments held by a Fund. <br>The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in <br> currencies other than U.S. dollars, if any, are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period. <br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All or a portion of these securities are exempt from registration under Rule 144A
 of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.
 At June 30, 2025, the value of Rule 144A holdings amounted to $203,944,224 or 46.2% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Variable rate security. Rate as of June 30, 2025 is disclosed. Issuers comprised of
 various lots with differing coupon rates have been aggregated for the purpose of presentation in the Portfolio of Investments and show a weighted average
 rate. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based
 on current market conditions. These securities may not indicate a reference rate and/or spread in their description.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Perpetual bond with no specified maturity date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The issuer is in default with respect to interest and/or principal payments. Income
 is not being accrued.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Payment–in–kind security for which the issuer, at each interest payment date, may make interest payments in cash and/or additional principal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Amount shown represents units. One unit represents a principal amount of 1,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Amount shown represents units. One unit represents a principal amount of 100.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Security (or a portion thereof) has been pledged as collateral for open derivative
 contracts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Interest rate represents annualized yield at time of purchase; not a coupon rate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund's investment in this security is comprised of various lots with differing annualized yields.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) Stated interest rate has been determined in accordance with the provisions of the
 loan agreement and is subject to a minimum benchmark floor rate which may range from 0.00% to 0.75%, to which the spread is added.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) Position is unsettled. Contract rate was not determined at June 30, 2025 and does
 not take effect until settlement date. Maturity date is not finalized until settlement date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) The Fund may enter into repurchase agreements, under the terms of a Master Repurchase
 Agreement, under which the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed
 upon price. It is the Fund's policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase price,
 including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit
 of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the
 counterparty, including possible delays or restrictions upon the Fund's ability to dispose of the underlying securities. As of June 30, 2025, the Fund had
 an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

------

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) Interest rate represents discount rate at time of purchase; not a coupon rate.

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

---

| | |
|:---|:---|
| ABS | Asset-Backed Securities |
| ADR | &nbsp;&nbsp;&nbsp; An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. <br> The values of ADRs may be significantly influenced by trading on exchanges not located in the United States.<br>|
| PIK | Payment-in-Kind |
| REITs | Real Estate Investment Trusts |
| SOFR | Secured Overnight Financing Rate |

---

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

---

| | |
|:---|:---|
| BRL | Brazilian Real |
| EUR | Euro |
| GBP | British Pound |
| MXN | Mexican Peso |
| TRY | Turkish Lira |
| UYU | Uruguayan Peso |
| ZAR | South African Rand |

---

**Forward Foreign Currency Contracts**

The Fund may enter into forward foreign currency contracts, including forward foreign cross currency contracts, to acquire exposure to foreign currencies or to hedge the Fund's investments against currency fluctuation. A contract can also be used to offset a previous contract. These contracts involve market risk in excess of the unrealized appreciation (depreciation). The U.S. dollar value of the currencies the Fund has committed to buy or sell represents the aggregate exposure to each currency the Fund has acquired or hedged through currency contracts outstanding at period end. Gains or losses are recorded for financial statement purposes as unrealized until settlement date. Contracts are traded over-the-counter directly with a counterparty. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar. Certain contracts may require the movement of cash and/or securities as collateral for the Fund's or counterparty's net obligations under the contracts.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: | At June 30, 2025, the Fund had the following open forward foreign currency contracts: |
| **Counterparty** | &nbsp;&nbsp; **Delivery** <br>**Date**<br>| &nbsp;&nbsp; **Currency** <br>**Bought/** <br>**Sold (B/S)** | &nbsp;&nbsp; **Currency** <br>**Bought/** <br>**Sold (B/S)** | **Units** <br>**of** <br>**Currency**<br>| **In Exchange** <br>**for**<br>| **Notional** <br>**Value**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| Bank of America N.A. | 9/17/2025 | EUR | &nbsp;&nbsp; S | &nbsp;&nbsp; 1063000 | &nbsp;&nbsp; $1220489 | &nbsp;&nbsp; $1258531 | &nbsp;&nbsp; $(38042)<br>|

---

**Futures Contracts**

The Fund may enter into futures contracts. Futures contracts are agreements between two parties to buy and sell a particular instrument or index for a specified price on a specified future date.

When the Fund enters into a futures contract, it is required to deposit with (or for the benefit of) its broker an amount of cash or short-term high-quality securities as "initial margin." As the value of the contract changes, the value of the futures contract position increases or declines. Subsequent payments, known as "variation margin," are made or received by the Fund, depending on the price fluctuations in the fair value of the contract and the value of cash or securities on deposit with the broker. Realized gain or loss on a futures position is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, minus brokerage commissions. When the Fund enters into a futures contract certain risks may arise, such as illiquidity in the futures market, which may limit the Fund's ability to close out a futures contract prior to settlement date, and unanticipated movements in the value of securities or interest rates.

Futures contracts are exchange-traded. Exchange-traded futures contracts are standardized and are settled through a clearing house with fulfillment supported by the credit of the exchange. Therefore, counterparty credit risks to the Fund are reduced; however, in the event that a counterparty enters into bankruptcy, the Fund's claim against initial/variation margin on deposit with the counterparty may be subject to terms of a final settlement in bankruptcy court.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| At June 30, 2025, the Fund had the following open long futures contracts: | At June 30, 2025, the Fund had the following open long futures contracts: | At June 30, 2025, the Fund had the following open long futures contracts: | At June 30, 2025, the Fund had the following open long futures contracts: | At June 30, 2025, the Fund had the following open long futures contracts: | At June 30, 2025, the Fund had the following open long futures contracts: |
| **Financial Futures** | &nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| **Value** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| CBOT 10 Year U.S. Treasury Notes Futures | 9/19/2025 | 87 | &nbsp;&nbsp;&nbsp; $9614206 | &nbsp;&nbsp;&nbsp; $9754875 | &nbsp;&nbsp;&nbsp; $140669 |
| CBOT 2 Year U.S. Treasury Notes Futures | 9/30/2025 | 280 | &nbsp;&nbsp;&nbsp; 58009754 | &nbsp;&nbsp;&nbsp; 58246563 | &nbsp;&nbsp;&nbsp; 236809 |
| CBOT 5 Year U.S. Treasury Notes Futures | 9/30/2025 | 2672 | &nbsp;&nbsp;&nbsp; 288355667 | &nbsp;&nbsp;&nbsp; 291248000 | &nbsp;&nbsp;&nbsp; 2892333 |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp; $3269811 |

---

------

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| At June 30, 2025, the Fund had the following open short futures contracts: | At June 30, 2025, the Fund had the following open short futures contracts: | At June 30, 2025, the Fund had the following open short futures contracts: | At June 30, 2025, the Fund had the following open short futures contracts: | At June 30, 2025, the Fund had the following open short futures contracts: | At June 30, 2025, the Fund had the following open short futures contracts: |
| **Financial Futures** | &nbsp;&nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Contracts** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| **Value** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| CBOT U.S. Long Bond Futures | 9/19/2025 | 67 | &nbsp;&nbsp;&nbsp; $7503857 | &nbsp;&nbsp;&nbsp; $7736406 | &nbsp;&nbsp;&nbsp; $(232549)<br>|
| CBOT Ultra Long-Term U.S. Treasury Bond Futures | 9/19/2025 | 78 | &nbsp;&nbsp;&nbsp; 9003342 | &nbsp;&nbsp;&nbsp; 9291750 | &nbsp;&nbsp;&nbsp; (288408)<br>|
| Ultra 10 Year U.S. Treasury Notes Futures | 9/19/2025 | 825 | &nbsp;&nbsp;&nbsp; 92381275 | &nbsp;&nbsp;&nbsp; 94269141 | &nbsp;&nbsp;&nbsp; (1887866)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp; $(2408823)<br>|

---

**Fair Value Measurements**

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of each Fund's assets or liabilities. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 — quoted prices in active markets for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 — prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect each Fund's own assumptions in determining the fair value of assets or liabilities and would be based on the best information available).

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

The Fund's pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund's valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

The following is a summary of the inputs used to value the Fund's investments as of June 30, 2025, at value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Asset Valuation Inputs** | **Asset Valuation Inputs** | **Asset Valuation Inputs** | **Asset Valuation Inputs** |
| Description | Level 1 | Level 2 | Level 3 | Total |
| Bonds and Notes(a) | $— | $385931237 | $— | $385931237 |
| Senior Loans(a) |  | 18040495 |  | 18040495 |
| Collateralized Loan Obligations(a) |  | 12381936 |  | 12381936 |
| Common Stocks(a) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Real Estate Management & Development |  | 8519 |  | 8519 |
| &nbsp;&nbsp;&nbsp; All Other Common Stocks | 2968920 |  |  | 2968920 |
| Total Common Stocks | 2968920 | 8519 |  | 2977439 |
| Preferred Stocks(a) | 1173912 |  |  | 1173912 |
| Short-Term Investments |  | 19629462 |  | 19629462 |
| Total Investments | 4142832 | 435991649 |  | 440134481 |
| Futures Contracts (unrealized appreciation) | 3269811 |  |  | 3269811 |
| Total | $7412643 | $435991649 | $— | $443404292 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liability Valuation Inputs** | **Liability Valuation Inputs** | **Liability Valuation Inputs** | **Liability Valuation Inputs** | **Liability Valuation Inputs** |
| Description | Level 1 | Level 2 | Level 3 | Total |
| Written Options | $(85938)<br>| $— | $— | $(85938)<br>|
| Forward Foreign Currency Contracts (unrealized depreciation) |  | (38042)<br>|  | (38042)<br>|
| Futures Contracts (unrealized depreciation) | (2408823)<br>|  |  | (2408823)<br>|
| Total | $(2494761)<br>| $(38042)<br>| $— | $(2532803)<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Details of the major categories of the Fund's investments are reflected within the Portfolio of Investments.

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

------

---

| | |
|:---|:---|
| Currency Exposure Summary at June 30, 2025 (Unaudited) | Currency Exposure Summary at June 30, 2025 (Unaudited) |
| United States Dollar | 94.9<br> %<br>|
| Other, less than 2% each | 4.7 |
| Total Investments | 99.6 |
| Other assets less liabilities (including open written options, forward foreign currency and futures contracts) | 0.4 |
| Net Assets | 100.0<br> %<br>|

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LOOMIS SAYLES FUNDS I

- **b. Investment Company Act file number:** 811-08282

- **c. CIK number of Registrant:** 0000917469

- **d. LEI of Registrant:** 549300826G7KS737WZ11

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

  - **Street Address 1:** 888 BOYLSTON STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199-8197

  - **Telephone number:** 617-449-2139

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

- **a. Name of Series:** Loomis Sayles Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000006640

- **c. LEI of Series:** 5493002GIX52LR2VIL41

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $445566136.95

**Total Liabilities:** $3838764.14

**Net Assets:** $441727372.81

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -330.71000000 | **1-Year:** -9829.88000000 | **5-Year:** -49087.46000000 | **10-Year:** -52717.22000000 | **30-Year:** -9143.80000000

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

- **3-Month:** -254.20000000 | **1-Year:** -8282.75000000 | **5-Year:** -20227.08000000 | **10-Year:** -7869.21000000 | **30-Year:** -1473.34000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018126 | 0.60%                | 0.51%                | 1.60%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1176098.86             | $-453555.15                                |
| Month 2  | $274353.05               | $1166707.99                                |
| Month 3  | $304464.71               | $4364397.17                                |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                          | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Credit Acceptance Receivables Trust  | American Credit Acceptance Receivables Trust 2024-4                             | CUSIP: 024945AG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200925.80    | 0.05%             | 2031-08-12      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                          | Matador Resources Co                                                            | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35018.23     | 0.01%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MARS INC                                      | Mars Inc                                                                        | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    465000 | PA      | $470570.30    | 0.11%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Trafigura Securitisation Finance Plc          | Trafigura Securitisation Finance PLC                                            | CUSIP: 892725AW2<br>LEI: 549300CH6S10UEZXWN56 | Long             | ABS-O            | CORP              | IE        |    995000 | PA      | $991482.68    | 0.22%             | 2027-11-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                 | Boeing Co/The                                                                   | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1145000 | PA      | $1253449.68   | 0.28%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                         | Time Warner Cable LLC                                                           | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1492423.77   | 0.34%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                                       | CUSIP: 91824PAA5<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |   1570000 | PA      | $1613332.00   | 0.37%             | 2032-02-28      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                       | CarMax Auto Owner Trust 2022-1                                                  | CUSIP: 14317CAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98386.00     | 0.02%             | 2028-07-17      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Republic Finance Issuance Trust               | Republic Finance Issuance Trust 2024-B                                          | CUSIP: 76042GAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $177979.38    | 0.04%             | 2037-11-20      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                       | Energean Israel Finance Ltd                                                     | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    400000 | PA      | $368000.00    | 0.08%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR3                                                  | CUSIP: 74333VAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $235988.74    | 0.05%             | 2026-05-17      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| HCA INC                                       | HCA Inc                                                                         | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    770000 | PA      | $787823.45    | 0.18%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| DILLARDS INC                                  | Dillard's Inc                                                                   | CUSIP: 254063AU4<br>LEI: 529900FGYKMWL6019P91 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1045182.25   | 0.24%             | 2026-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                     | Nelnet Student Loan Trust 2021-B                                                | CUSIP: 64034QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    230000 | PA      | $202422.29    | 0.05%             | 2062-04-20      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 5YR FUTR OPTN AUG25C 109.2                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -250 | NC      | $-85937.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Focus Brands Funding LLC                      | FOCUS Brands Funding                                                            | CUSIP: 34417RAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    246250 | PA      | $259886.66    | 0.06%             | 2053-10-30      | Fixed         | 8.24%                 | No            |                  2 | On Loan: No      |
| Volofin Finance Designated Activity Company   | Volofin Finance Designated Activity Co                                          | CUSIP: 92873RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    437354 | PA      | $444410.44    | 0.10%             | 2037-06-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Student Loan Trust                                                      | CUSIP: 63942TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $289140.44    | 0.07%             | 2072-03-15      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| Recette CLO LLC                               | Recette Clo Ltd                                                                 | CUSIP: 75620TAZ1<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250183.00    | 0.06%             | 2034-04-20      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                          | Flutter Financing BV 2024 Term Loan B                                           | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |   1412660 | PA      | $1407362.37   | 0.32%             | 2030-11-30      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Private Education Refi Loan Trust 2021-A                                | CUSIP: 63942BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $79398.59     | 0.02%             | 2069-05-15      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                      | Cheniere Energy Partners LP                                                     | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $989645.03    | 0.22%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| YUZHOU GROUP                                  | Yuzhou Group Holdings Co Ltd                                                    | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | DBT              | CORP              | KY        |    225000 | PA      | $16312.50     | 0.00%             | 2025-05-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                       | Mexican Bonos                                                                   | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  39800000 | PA      | $1933527.67   | 0.44%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                      | Foundation Finance Trust 2025-1                                                 | CUSIP: 35040WAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $320291.20    | 0.07%             | 2050-04-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR7 Trust                                            | CUSIP: 74333PAL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $91455.96     | 0.02%             | 2040-08-17      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2023-1                                    | CUSIP: 96042XAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $204407.84    | 0.05%             | 2028-11-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                    | U.K. Gilts                                                                      | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |   2085000 | PA      | $2863237.57   | 0.65%             | 2035-03-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RUBRIK INC                                    | Rubrik Inc                                                                      | CUSIP: 781154AC3<br>LEI: 254900TRGK2WTBYMYU27 | Long             | DBT              | CORP              | US        |    177000 | PA      | $185296.88    | 0.04%             | 2030-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Trust Llc                       | SCF Equipment Leasing 2024-1 LLC                                                | CUSIP: 783896AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $103212.70    | 0.02%             | 2032-09-20      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp                                                            | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2155000 | PA      | $2189777.63   | 0.50%             | 2036-02-12      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC 2014-USA OA LLC                                                            | CUSIP: 12649AAL3<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $82895.00     | 0.02%             | 2037-09-15      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| HCA INC                                       | HCA Inc                                                                         | CUSIP: 404119CQ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1075002.03   | 0.24%             | 2033-06-01      | Fixed         | 5.50%                 | 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        |    670000 | PA      | $679462.34    | 0.15%             | 2029-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM 2024-5 LLC                                                                 | CUSIP: 69381KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110273 | PA      | $110694.31    | 0.03%             | 2029-09-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                        | Northern Oil & Gas Inc                                                          | CUSIP: 665531AJ8<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    160000 | PA      | $166800.00    | 0.04%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds          | Chile Government International Bonds                                            | CUSIP: 168863DQ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |   1035000 | PA      | $625947.30    | 0.14%             | 2061-01-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II, LLC            | Compass Datacenters Issuer II LLC                                               | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    420000 | PA      | $425254.20    | 0.10%             | 2050-05-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                          | Matador Resources Co                                                            | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178451.50    | 0.04%             | 2028-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust           | Exeter Automobile Receivables Trust 2023-3                                      | CUSIP: 301989AF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $163370.32    | 0.04%             | 2029-04-16      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                  | UBS Group AG                                                                    | CUSIP: 225401AZ1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $1087970.00   | 0.25%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corporation           | Six Flags Entertainment Corporation 2024 Term Loan B                            | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |    238200 | PA      | $238200.00    | 0.05%             | 2031-05-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                      | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBM6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1375000 | PA      | $1344986.38   | 0.30%             | 2034-09-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                       | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1705000 | PA      | $1726215.32   | 0.39%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC             | Sierra Timeshare 2021-1 Receivables Funding LLC                                 | CUSIP: 82652QAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     24768 | PA      | $24319.66     | 0.01%             | 2037-11-20      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                             | Post Holdings Inc                                                               | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    325000 | PA      | $301668.02    | 0.07%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              |  | US        |    385000 | PA      | $338844.08    | 0.08%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRUST              | WFRBS Commercial Mortgage Trust 2014-C20                                        | CUSIP: 92890FAY2<br>LEI: 549300UVB571ELWL8972 | Long             | ABS-MBS          | CORP              | US        |    269512 | PA      | $239461.70    | 0.05%             | 2047-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM 2024-7 LLC                                                                 | CUSIP: 74448LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    252611 | PA      | $252536.74    | 0.06%             | 2029-11-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                       | Turkiye Government Bond                                                         | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |  11815000 | PA      | $289893.04    | 0.07%             | 2026-08-12      | Fixed         | 36.00%                | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds       | Colombia Government International Bonds                                         | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1000000 | PA      | $1033930.00   | 0.23%             | 2033-04-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                 | AppLovin Corp                                                                   | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    270000 | PA      | $274745.02    | 0.06%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $73521.59     | 0.02%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                          | Enel Finance International NV                                                   | CUSIP: 29268BAC5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $110187.48    | 0.02%             | 2037-09-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                         | Molina Healthcare Inc                                                           | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    660000 | PA      | $600738.20    | 0.14%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                           | Avantor Funding Inc                                                             | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    255000 | PA      | $250399.57    | 0.06%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                         | Freedom Mortgage Holdings LLC                                                   | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    120000 | PA      | $123693.87    | 0.03%             | 2031-05-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| SBA Senior Finance II LLC                     | SBA Senior Finance II LLC 2024 Term Loan B                                      | CUSIP: 78404XAJ4<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              |  | US        |    465213 | PA      | $465622.29    | 0.11%             | 2031-01-25      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Thrust Engine Leasing                         | Thrust Engine Leasing 2021 DAC                                                  | CUSIP: 88603UAA7<br>LEI: 254900X0E0PUM0VQBP74 | Long             | ABS-O            | CORP              | US        |    211994 | PA      | $206592.36    | 0.05%             | 2040-07-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    630000 | PA      | $535243.04    | 0.12%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KYRGYZ REP INTL BOND                          | Kyrgyz Republic International Bond                                              | CUSIP: 50158LAA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | KG        |    615000 | PA      | $605750.40    | 0.14%             | 2030-06-03      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2270000 | PA      | $1462598.14   | 0.33%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Kaisa Group Holdings Ltd                      | Kaisa Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |   1285000 | PA      | $53751.55     | 0.01%             | 2024-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GUIDEWIRE SOFTWARE INC                        | Guidewire Software Inc                                                          | CUSIP: 40171VAB6<br>LEI: 549300WXSG0J8IXZCK32 | Long             | DBT              | CORP              | US        |    137000 | PA      | $161523.00    | 0.04%             | 2029-11-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                      | Kaisa Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $8242.00      | 0.00%             | 2025-07-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                      | Marsh & McLennan Cos Inc                                                        | CUSIP: 571748CC4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1269597.02   | 0.29%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                    | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    915000 | PA      | $771746.88    | 0.17%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                           | Axon Enterprise Inc                                                             | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     85000 | PA      | $87521.24     | 0.02%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Trust Llc                       | SCF Equipment Leasing 2024-1 LLC                                                | CUSIP: 783896AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $105075.00    | 0.02%             | 2033-06-21      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| Kapitus Asset Securitization LLC              | Kapitus Asset Securitization IV LLC                                             | CUSIP: 48555MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $354597.79    | 0.08%             | 2031-09-10      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                       | Canadian Natural Resources Ltd                                                  | CUSIP: 136385BC4<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |   2220000 | PA      | $2205601.70   | 0.50%             | 2034-12-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                    | Affirm Asset Securitization Trust 2024-X2                                       | CUSIP: 00833QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     85431 | PA      | $85547.76     | 0.02%             | 2029-12-17      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                      | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                             | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1080000 | PA      | $966241.60    | 0.22%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC                           | Reach ABS Trust 2025-1                                                          | CUSIP: 75525PAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $116684.06    | 0.03%             | 2032-08-16      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                           | SoftBank Group Corp                                                             | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $384024.00    | 0.09%             | 2028-07-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                                       | CUSIP: 91822Q2J5<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    550000 | PA      | $566907.00    | 0.13%             | 2032-05-25      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust              | SMB Private Education Loan Trust 2021-A                                         | CUSIP: 78448YAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    512809 | PA      | $508651.78    | 0.12%             | 2053-01-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                         | Amrize Finance US LLC                                                           | CUSIP: 43475RAD8<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    350000 | PA      | $355131.44    | 0.08%             | 2035-04-07      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd               | Benefit Street Partners Clo XXXVII Ltd                                          | CUSIP: 08182TAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    420000 | PA      | $420891.24    | 0.10%             | 2038-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD ASSET MANAGEM                      | Brookfield Asset Management Ltd                                                 | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $205222.35    | 0.05%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust           | Exeter Automobile Receivables Trust 2023-5                                      | CUSIP: 30168DAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    680000 | PA      | $707019.39    | 0.16%             | 2030-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| VIVINT SOLAR FINANCING LLC                    | Vivint Solar Financing V LLC                                                    | CUSIP: 92854VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    255241 | PA      | $241639.81    | 0.05%             | 2048-04-30      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| iHeartMedia Inc                               | iHeartMedia Inc                                                                 | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34625 | NS      | $60940.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DCP MIDSTREAM OPERATING                       | DCP Midstream Operating LP                                                      | CUSIP: 26439XAH6<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    575000 | PA      | $589817.84    | 0.13%             | 2036-11-03      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization Trust            | Willis Engine Structured Trust VII                                              | CUSIP: 97064YAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    669627 | PA      | $689656.50    | 0.16%             | 2048-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust | JP Morgan Chase Commercial Mortgage Securities Trust 2025-BMS                   | CUSIP: 46596CAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $198807.20    | 0.05%             | 2042-01-15      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC              | Planet Fitness Master Issuer LLC                                                | CUSIP: 72703PAC7<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    321300 | PA      | $305899.99    | 0.07%             | 2049-12-05      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Transferee         | VOLT XCIV LLC                                                                   | CUSIP: 92873AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     48334 | PA      | $48313.37     | 0.01%             | 2051-02-27      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer LP                                                              | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    435000 | PA      | $471959.01    | 0.11%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM 2025-2 LLC                                                                 | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102126 | PA      | $102961.55    | 0.02%             | 2030-05-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                                       | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    705000 | PA      | $851548.77    | 0.19%             | 2027-05-29      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust           | Exeter Automobile Receivables Trust 2022-6                                      | CUSIP: 30168AAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    133133 | PA      | $133764.01    | 0.03%             | 2028-05-15      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                              | T-Mobile USA Inc                                                                | CUSIP: 87264ADM4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    605000 | PA      | $586157.65    | 0.13%             | 2035-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                               | Fair Isaac Corp                                                                 | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    675000 | PA      | $681186.91    | 0.15%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                       | Arthur J Gallagher & Co                                                         | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250117.89    | 0.06%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2024-1                                               | CUSIP: 501689AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101725.71    | 0.02%             | 2029-06-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust              | OneMain Financial Issuance Trust 2021-1                                         | CUSIP: 68269MAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345000 | PA      | $313123.79    | 0.07%             | 2036-06-16      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Private Education Refi Loan Trust 2021-F                                | CUSIP: 63942GAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $262448.92    | 0.06%             | 2070-02-18      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                         | Quikrete Holdings Inc                                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1419081.49   | 0.32%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC              | Planet Fitness Master Issuer LLC                                                | CUSIP: 72703PAF0<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    699712 | PA      | $709544.16    | 0.16%             | 2054-06-05      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                      | Host Hotels & Resorts LP                                                        | CUSIP: 44107TBC9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |   1245000 | PA      | $1232284.59   | 0.28%             | 2035-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                         | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    595000 | PA      | $644041.09    | 0.15%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2023-2                                          | CUSIP: 74113VAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $104210.88    | 0.02%             | 2029-08-15      | Fixed         | 7.71%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                      | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    245000 | PA      | $233295.47    | 0.05%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Battalion Oil Corp                            | Battalion Oil Corp                                                              | CUSIP: 07134L107<br>LEI: 3XHTN2NNIMMPORDAMJ28 | Long             | EC               | CORP              | US        |       939 | NS      | $1211.31      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                         | Foundry JV Holdco LLC                                                           | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    330000 | PA      | $335322.24    | 0.08%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LOGAN GROUP CO LTD                            | Logan Group Co Ltd                                                              | CUSIP: 000000000<br>LEI: 549300NJ0E6Q0S1VOG90 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $27628.00     | 0.01%             | 2025-07-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                       | Energean Israel Finance Ltd                                                     | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    960000 | PA      | $913200.00    | 0.21%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                   | Ovintiv Inc                                                                     | CUSIP: 292505AD6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191996.87    | 0.04%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                      | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAH5<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |    655000 | PA      | $669602.05    | 0.15%             | 2028-05-03      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    203967 | PA      | $24476.04     | 0.01%             | 2027-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                       | HCA Inc                                                                         | CUSIP: 404119BY4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    855000 | PA      | $804109.88    | 0.18%             | 2039-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Transferee         | VOLT XCVII LLC                                                                  | CUSIP: 91835EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    137776 | PA      | $137640.14    | 0.03%             | 2051-04-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC              | Planet Fitness Master Issuer LLC                                                | CUSIP: 72703PAE3<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |     96750 | PA      | $89288.11     | 0.02%             | 2051-12-05      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                    | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59873.39     | 0.01%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC 2014-USA OA LLC                                                            | CUSIP: 12649AAJ8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    185000 | PA      | $161680.75    | 0.04%             | 2037-09-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                              | T-Mobile USA Inc                                                                | CUSIP: 87264ADC6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $523650.10    | 0.12%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                 | EchoStar Corp                                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   6237370 | PA      | $6424491.10   | 1.45%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                    | Flagship Credit Auto Trust 2021-2                                               | CUSIP: 33844WAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $424466.65    | 0.10%             | 2027-06-15      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                      | Mill City Mortgage Loan Trust 2019-GS1                                          | CUSIP: 59981BAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115000 | PA      | $103521.21    | 0.02%             | 2059-07-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                    | Affirm Asset Securitization Trust 2024-A                                        | CUSIP: 00834BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    335000 | PA      | $336488.74    | 0.08%             | 2029-02-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| BioMarin Pharmaceutical Inc                   | BioMarin Pharmaceutical Inc                                                     | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     18635 | NS      | $1024365.95   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                      | Macquarie Airfinance Holdings Ltd                                               | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    105000 | PA      | $104929.44    | 0.02%             | 2030-03-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MBIA INSURANCE CO                             | MBIA Insurance Corp                                                             | CUSIP: 55276GAA3<br>LEI: 5493004M1UUDNTDXS107 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $65200.00     | 0.01%             | 2033-01-15      | Variable      | 15.78%                | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                            | Aqua Finance Trust 2019-A                                                       | CUSIP: 038370AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94082 | PA      | $91901.99     | 0.02%             | 2040-07-16      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| REMIC FUNDING TRUST 98-1                      | Redwood Funding Trust 2025-1                                                    | CUSIP: 757912AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    618160 | PA      | $640089.51    | 0.14%             | 2055-05-27      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC             | Sierra Timeshare 2023-3 Receivables Funding LLC                                 | CUSIP: 826944AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    124182 | PA      | $127739.73    | 0.03%             | 2040-09-20      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                 | ZF North America Capital Inc                                                    | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    510000 | PA      | $471362.88    | 0.11%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                      | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAZ4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    310000 | PA      | $315785.02    | 0.07%             | 2030-05-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                   | Legacy Mortgage Asset Trust 2020-RPL1                                           | CUSIP: 52474HAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1215000 | PA      | $1097675.23   | 0.25%             | 2059-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                   | Aker BP ASA                                                                     | CUSIP: 00973RAN3<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    565000 | PA      | $542472.08    | 0.12%             | 2034-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2025-1                                    | CUSIP: 96043VAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $203572.80    | 0.05%             | 2030-11-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                            | CUSIP: 378272BN7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1245146.44   | 0.28%             | 2028-10-06      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                           | Sprint Capital Corp                                                             | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    875000 | PA      | $1061453.90   | 0.24%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                | Home Partners of America 2021-2 Trust                                           | CUSIP: 43732VAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    796730 | PA      | $763566.97    | 0.17%             | 2026-12-17      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                           | NCL Corp Ltd                                                                    | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    122000 | PA      | $122152.50    | 0.03%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                     | MSBAM Commercial Mortgage Securities Trust 2012-CKSV                            | CUSIP: 553514AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85967 | PA      | $81556.70     | 0.02%             | 2030-10-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                       | NYMT Loan Trust Series 2024-BPL3                                                | CUSIP: 67119RAA5<br>LEI: 254900Q6RDCV3HGA6340 | Long             | ABS-MBS          | CORP              | US        |    315000 | PA      | $313884.84    | 0.07%             | 2039-09-25      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| Hin Timeshare Trust                           | HINNT 2024-A LLC                                                                | CUSIP: 40472QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     52706 | PA      | $53420.85     | 0.01%             | 2043-03-15      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                 | Aircastle Ltd                                                                   | CUSIP: 00928QAY7<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    245000 | PA      | $253101.50    | 0.06%             | 2029-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO                      | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Inc / JBS USA Food Co   | CUSIP: 472140AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    705000 | PA      | $706036.35    | 0.16%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                             | Brown & Brown Inc                                                               | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    180000 | PA      | $183552.67    | 0.04%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds    | Philippines Government International Bonds                                      | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    600000 | PA      | $409200.00    | 0.09%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                | Home Partners of America 2021-1 Trust                                           | CUSIP: 437300AJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     83133 | PA      | $71381.90     | 0.02%             | 2041-09-17      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                           | Synchrony Financial                                                             | CUSIP: 87165BAV5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    635000 | PA      | $652449.11    | 0.15%             | 2030-08-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                      | AT&T Inc                                                                        | CUSIP: 00206RMY5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1221904.00   | 0.28%             | 2035-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential Trust                                                      | CUSIP: 74333HAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $194731.52    | 0.04%             | 2038-07-17      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                 | DISH DBS Corp                                                                   | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2710000 | PA      | $2345843.75   | 0.53%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                      | iHeartCommunications Inc                                                        | CUSIP: 45174HBM8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    489500 | PA      | $379054.12    | 0.09%             | 2030-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Citadel Securities LP                         | Citadel Securities LP 2024 First Lien Term Loan                                 | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    379461 | PA      | $380838.60    | 0.09%             | 2031-10-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US LONG BOND(CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -67 | NC      | $-232549.29   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| GCAT                                          | GCAT 2019-RPL1 Trust                                                            | CUSIP: 36167CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    168542 | PA      | $163343.69    | 0.04%             | 2068-10-25      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                    | Leidos Inc                                                                      | CUSIP: 52532XAK1<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    160000 | PA      | $163304.42    | 0.04%             | 2032-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                 | Carnival Corp                                                                   | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    395000 | PA      | $399124.59    | 0.09%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                    | Leidos Inc                                                                      | CUSIP: 52532XAL9<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    320000 | PA      | $324878.30    | 0.07%             | 2035-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    735000 | PA      | $872287.18    | 0.20%             | 2034-09-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                               | Cemex SAB de CV                                                                 | CUSIP: 151290BZ5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |   2325000 | PA      | $2143361.70   | 0.49%             | 2031-07-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM 2024-2 LLC                                                                 | CUSIP: 74448BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    376757 | PA      | $381519.58    | 0.09%             | 2029-03-25      | Variable      | 7.03%                 | No            |                  2 | On Loan: No      |
| TYLER TECHNOLOGIES INC                        | Tyler Technologies Inc                                                          | CUSIP: 902252AB1<br>LEI: 25490040SMU4Z8LBCW70 | Long             | DBT              | CORP              | US        |     81000 | PA      | $99549.00     | 0.02%             | 2026-03-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                         | Micron Technology Inc                                                           | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    660000 | PA      | $690732.64    | 0.16%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                      | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAN2<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |    595000 | PA      | $603611.63    | 0.14%             | 2030-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust | JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9                   | CUSIP: 46639EAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    378769 | PA      | $367413.86    | 0.08%             | 2047-12-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                                       | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    100000 | PA      | $120513.36    | 0.03%             | 2029-02-25      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust         | Mission Lane Credit Card Master Trust                                           | CUSIP: 60510MBA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $388027.49    | 0.09%             | 2029-08-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                  | Ford Credit Auto Lease Trust 2023-B                                             | CUSIP: 34529NAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $202752.80    | 0.05%             | 2028-06-15      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                      | Macquarie Airfinance Holdings Ltd                                               | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    945000 | PA      | $1000106.73   | 0.23%             | 2031-03-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                            | CUSIP: 378272BL1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1245828.89   | 0.28%             | 2033-05-08      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                       | Jefferies Financial Group Inc                                                   | CUSIP: 472319AC6<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1730585.80   | 0.39%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CKE Restaurants Holdings Inc                  | Hardee's Funding LLC                                                            | CUSIP: 411707AK8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    288000 | PA      | $262569.66    | 0.06%             | 2051-06-20      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                       | Sensata Technologies BV                                                         | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200269.20    | 0.05%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING                         | PK Alift Loan Funding 3 LP                                                      | CUSIP: 69291VAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    211664 | PA      | $214276.24    | 0.05%             | 2039-09-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS                              | Antares Holdings LP                                                             | CUSIP: 03666HAE1<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    730000 | PA      | $701915.05    | 0.16%             | 2027-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ATLX Trust                                    | ATLX 2024-RPL2 Trust                                                            | CUSIP: 049919AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    273971 | PA      | $262831.21    | 0.06%             | 2063-04-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                    | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2065000 | PA      | $1844650.52   | 0.42%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                          | Country Garden Holdings Co Ltd                                                  | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $44766.00     | 0.01%             | 2031-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                         | Directv Financing LLC / Directv Financing Co-Obligor Inc                        | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    625000 | PA      | $606764.63    | 0.14%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| LOGAN GROUP CO LTD                            | Logan Group Co Ltd                                                              | CUSIP: 000000000<br>LEI: 549300NJ0E6Q0S1VOG90 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $27344.00     | 0.01%             | 2026-12-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lex Commercial Loan Master Trust              | LEX 2024-BBG Mortgage Trust                                                     | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100373.40    | 0.02%             | 2033-10-13      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential Trust                                                      | CUSIP: 74333HAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $369806.69    | 0.08%             | 2038-07-17      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| TRIMBLE INC                                   | Trimble Inc                                                                     | CUSIP: 896239AE0<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |    995000 | PA      | $1057053.13   | 0.24%             | 2033-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA          | TOBACCO SETTLEMENT FING CORP VA                                                 | CUSIP: 88880NAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2081387.53   | 0.47%             | 2046-06-01      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| HCA INC                                       | HCA Inc                                                                         | CUSIP: 404121AK1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    310000 | PA      | $312682.84    | 0.07%             | 2034-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                    | Affirm Asset Securitization Trust 2023-B                                        | CUSIP: 00792FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $381680.36    | 0.09%             | 2028-09-15      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                 | Carnival Corp                                                                   | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    130000 | PA      | $127237.50    | 0.03%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Trafigura Securitisation Finance Plc          | Trafigura Securitisation Finance PLC                                            | CUSIP: 892725AZ5<br>LEI: 549300CH6S10UEZXWN56 | Long             | ABS-O            | CORP              | IE        |    200000 | PA      | $200288.60    | 0.05%             | 2027-11-15      | Fixed         | 7.29%                 | No            |                  2 | On Loan: No      |
| YUZHOU GROUP                                  | Yuzhou Group Holdings Co Ltd                                                    | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $28260.00     | 0.01%             | 2027-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LIMITED                     | HUB International Limited 2025 Term Loan B                                      | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |    270534 | PA      | $271283.16    | 0.06%             | 2030-06-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd               | Benefit Street Partners CLO XXVIII Ltd                                          | CUSIP: 08179KAQ6<br>LEI: 549300VHDAICRAGZNJ35 | Long             | ABS-CBDO         | CORP              | JE        |    970000 | PA      | $971963.28    | 0.22%             | 2037-10-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Corp Trust 2013-PEMB                                     | CUSIP: 36197VAC2<br>LEI: 549300E4QCAQ0FY44H36 | Long             | ABS-MBS          | CORP              | US        |    315000 | PA      | $225225.00    | 0.05%             | 2033-03-05      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| ITRON INC                                     | Itron Inc                                                                       | CUSIP: 465741AQ9<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | DBT              | CORP              | US        |     87000 | PA      | $103443.00    | 0.02%             | 2030-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes 2021-SFR2 Trust                                                  | CUSIP: 33767TAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    205000 | PA      | $196776.18    | 0.04%             | 2038-09-17      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                               | DR Horton Inc                                                                   | CUSIP: 23331ABU2<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    325000 | PA      | $330932.86    | 0.07%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                               | CLI Funding VIII LLC                                                            | CUSIP: 12572DAA2<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-O            | CORP              | US        |    525000 | PA      | $518564.55    | 0.12%             | 2050-06-21      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                          | Western Digital Corp                                                            | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    176000 | PA      | $175536.91    | 0.04%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR3                                                  | CUSIP: 74333VAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $196734.70    | 0.04%             | 2026-05-17      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                 | Aircastle Ltd                                                                   | CUSIP: 00928QAX9<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    740000 | PA      | $772573.35    | 0.17%             | 2028-07-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AGFC Capital Trust I                          | AGFC Capital Trust I                                                            | CUSIP: 00846NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $208629.00    | 0.05%             | 2067-01-15      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                          | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1107310.70   | 0.25%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DOORDASH INC                                  | DoorDash Inc                                                                    | CUSIP: 25809KAA3<br>LEI: 549300NUQ43FGGSK5051 | Long             | DBT              | CORP              | US        |    117000 | PA      | $126752.58    | 0.03%             | 2030-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                            | Bausch + Lomb Corp                                                              | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15656.25     | 0.00%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                      | EQT Corp                                                                        | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    840000 | PA      | $778587.83    | 0.18%             | 2031-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SNOWFLAKE INC                                 | Snowflake Inc                                                                   | CUSIP: 833445AC3<br>LEI: 254900CJNSY1K7T53Z16 | Long             | DBT              | CORP              | US        |    132000 | PA      | $205392.00    | 0.05%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                 | UniCredit SpA                                                                   | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    405000 | PA      | $408065.85    | 0.09%             | 2032-06-19      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Corp Trust 2013-PEMB                                     | CUSIP: 36197VAA6<br>LEI: 549300E4QCAQ0FY44H36 | Long             | ABS-MBS          | CORP              | US        |    295000 | PA      | $254531.02    | 0.06%             | 2033-03-05      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                      | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1845000 | PA      | $1671551.20   | 0.38%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds    | Philippines Government International Bonds                                      | CUSIP: 718286DH7<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    800000 | PA      | $816030.92    | 0.18%             | 2050-02-04      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                           | Travel + Leisure Co                                                             | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    620000 | PA      | $599204.64    | 0.14%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                      | Shimao Group Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    425000 | PA      | $21169.25     | 0.00%             | 2026-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                          | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    280000 | PA      | $269954.58    | 0.06%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                | TD SYNNEX Corp                                                                  | CUSIP: 87162WAL4<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    655000 | PA      | $689351.06    | 0.16%             | 2034-04-12      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    470000 | PA      | $526847.24    | 0.12%             | 2036-02-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                           | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAG7<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    285000 | PA      | $276093.96    | 0.06%             | 2035-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    101736 | PA      | $12208.32     | 0.00%             | 2026-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                                       | CUSIP: 91822QVX2<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    335000 | PA      | $356972.30    | 0.08%             | 2028-10-12      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                    | Evergy Inc                                                                      | CUSIP: 30034WAD8<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |    176000 | PA      | $205832.00    | 0.05%             | 2027-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                        | Aviation Capital Group LLC                                                      | CUSIP: 05369AAP6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    810000 | PA      | $860931.75    | 0.19%             | 2028-10-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                           | CDW LLC / CDW Finance Corp                                                      | CUSIP: 12513GBL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    840000 | PA      | $837677.54    | 0.19%             | 2034-08-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                             | L3Harris Technologies Inc                                                       | CUSIP: 502431AQ2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    875000 | PA      | $898782.03    | 0.20%             | 2033-07-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO VIII Ltd                          | Elmwood CLO VIII Ltd                                                            | CUSIP: 29003EAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    340000 | PA      | $342353.82    | 0.08%             | 2037-04-20      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                            | Steel Dynamics Inc                                                              | CUSIP: 858119BS8<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    515000 | PA      | $515546.75    | 0.12%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                       | NYMT Loan Trust 2024-CP1                                                        | CUSIP: 67118PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    261154 | PA      | $244782.41    | 0.06%             | 2068-02-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                         | Mineral Resources Ltd                                                           | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     25000 | PA      | $25116.50     | 0.01%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp                                                            | CUSIP: 06051GKC2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    762000 | PA      | $645680.53    | 0.15%             | 2036-09-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                      | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                             | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2135000 | PA      | $2082200.38   | 0.47%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Bills                                                             | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2225000 | PA      | $2181698.25   | 0.49%             | 2025-12-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV                      | Stewart Information Services Corp                                               | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1014880.93   | 0.23%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                        | Diamondback Energy Inc                                                          | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70759.95     | 0.02%             | 2035-04-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer III, LLC           | Compass Datacenters Issuer III LLC                                              | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $433544.49    | 0.10%             | 2050-02-25      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                | EPR Properties                                                                  | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    270000 | PA      | $245255.89    | 0.06%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                   | Hertz Vehicle Financing LLC                                                     | CUSIP: 42806MBG3<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    227500 | PA      | $227442.45    | 0.05%             | 2026-09-25      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| STREAM INNOVATIONS ISSUER TRUST               | Stream Innovations 2024-1 Issuer Trust                                          | CUSIP: 86324CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     70589 | PA      | $73287.56     | 0.02%             | 2044-07-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust              | SMB Private Education Loan Trust 2021-B                                         | CUSIP: 78449YAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $421765.18    | 0.10%             | 2051-07-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                        | Choice Hotels International Inc                                                 | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    195000 | PA      | $196521.18    | 0.04%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                              | Sensata Technologies Inc                                                        | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23867.61     | 0.01%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                       | Central China Real Estate Ltd                                                   | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    190000 | PA      | $8075.00      | 0.00%             | 2025-04-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp                                                            | CUSIP: 87612GAK7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    235000 | PA      | $235823.25    | 0.05%             | 2035-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                        | Motorola Solutions Inc                                                          | CUSIP: 620076CC1<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |   1745000 | PA      | $1779194.64   | 0.40%             | 2035-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust         | Mission Lane Credit Card Master Trust                                           | CUSIP: 60510MBK3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $387435.13    | 0.09%             | 2030-05-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Alta Wind Holdings LLC                        | Alta Wind Holdings LLC                                                          | CUSIP: 021345AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1084577 | PA      | $1039160.99   | 0.24%             | 2035-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 2YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       280 | NC      | $236808.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GITSIT Mortgage Loan Trust                    | GITSIT Mortgage Loan Trust 2025-NPL1                                            | CUSIP: 375926AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1199460 | PA      | $1207679.86   | 0.27%             | 2055-02-25      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                              | CSC Holdings LLC                                                                | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2710000 | PA      | $1260301.43   | 0.29%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| INVESCO CLO 2021-1, Ltd                       | Invesco CLO 2021-1 Ltd                                                          | CUSIP: 46090XAJ0<br>LEI: 25490016C8NV86EY2059 | Long             | ABS-CBDO         | CORP              | KY        |    365000 | PA      | $362454.86    | 0.08%             | 2034-04-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO                      | Medline Borrower LP/Medline Co-Issuer Inc                                       | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $590688.30    | 0.13%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Paramount Global                              | Paramount Global                                                                | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |     18557 | NS      | $239385.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VCAT Asset Securitization, LLC                | VCAT 2025-NPL3 LLC                                                              | CUSIP: 92243QAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    766774 | PA      | $767267.70    | 0.17%             | 2055-02-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                 | Carnival Corp                                                                   | CUSIP: 143658BV3<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    110000 | PA      | $241945.00    | 0.05%             | 2027-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2024-2                                    | CUSIP: 96042YAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101504.30    | 0.02%             | 2030-04-15      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                             | HERC HOLDINGS INC TERM LOAN B                                                   | CUSIP: 000000000<br>LEI: 549300TP80QLITMSBP82 | Long             | LON              | CORP              | US        |    180000 | PA      | $180525.60    | 0.04%             | 2032-06-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                      | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     60000 | PA      | $58443.52     | 0.01%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JAZZ INVESTMENTS I LTD                        | Jazz Investments I Ltd                                                          | CUSIP: 472145AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    200000 | PA      | $212000.00    | 0.05%             | 2030-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                               | Cemex SAB de CV                                                                 | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $202050.00    | 0.05%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                | Sunnova Helios XIII Issuer LLC                                                  | CUSIP: 86745CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    571753 | PA      | $528880.74    | 0.12%             | 2051-02-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                  | SM Energy Co                                                                    | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    455000 | PA      | $453327.28    | 0.10%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                       | Light & Wonder International Inc                                                | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30907.67     | 0.01%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| RCO Mortgage LLC                              | RCO IX Mortgage LLC 2025-2                                                      | CUSIP: 754930AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    945209 | PA      | $949276.13    | 0.21%             | 2030-04-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC                 | Truist Insurance Holdings LLC 2024 Term Loan B                                  | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    268231 | PA      | $268174.63    | 0.06%             | 2031-05-06      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer LP                                                              | CUSIP: 29273VBE9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    335000 | PA      | $341228.83    | 0.08%             | 2035-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                 | UniCredit SpA                                                                   | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $198843.58    | 0.05%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| YUZHOU GROUP                                  | Yuzhou Group Holdings Co Ltd                                                    | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | DBT              | CORP              | KY        |    370000 | PA      | $26133.10     | 0.01%             | 2025-02-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN                      | Brighthouse Financial Inc                                                       | CUSIP: 10922NAF0<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |    434000 | PA      | $332440.05    | 0.08%             | 2047-06-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust             | Credit Acceptance Auto Loan Trust 2024-1                                        | CUSIP: 22537GAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165000 | PA      | $171330.23    | 0.04%             | 2034-07-17      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                     | Boeing Co/The                                                                   | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    896000 | PA      | $885193.08    | 0.20%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                | Air Lease Corp                                                                  | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    985000 | PA      | $979322.07    | 0.22%             | 2026-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    307434 | PA      | $36892.08     | 0.01%             | 2029-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                      | SLAM 2025-1 Ltd                                                                 | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    255000 | PA      | $263631.24    | 0.06%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| NGPL PipeCo LLC                               | NGPL PipeCo LLC                                                                 | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     95000 | PA      | $108483.20    | 0.02%             | 2037-12-15      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Bills                                                             | CUSIP: 912797NU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   4510000 | PA      | $4418349.27   | 1.00%             | 2025-12-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kestrel Aircraft Funding Limited              | Kestrel Aircraft Funding Ltd                                                    | CUSIP: 49255PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     82463 | PA      | $80821.32     | 0.02%             | 2038-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                      | Cheniere Energy Partners LP                                                     | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    455000 | PA      | $407878.50    | 0.09%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                           | Global Payments Inc                                                             | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1811813.50   | 0.41%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                          | Blue Owl Finance LLC                                                            | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1219313.58   | 0.28%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WHISTLER PIPELINE LLC                         | Whistler Pipeline LLC                                                           | CUSIP: 96337RAB8<br>LEI: 549300NG57SGLTNW5C85 | Long             | DBT              | CORP              | US        |    225000 | PA      | $229373.18    | 0.05%             | 2031-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                     | BPR Trust 2022-STAR                                                             | CUSIP: 055980AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $570096.90    | 0.13%             | 2039-08-15      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                 | Carnival Corp                                                                   | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    620000 | PA      | $625119.17    | 0.14%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                 | DISH DBS Corp                                                                   | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $239838.14    | 0.05%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust             | Credit Acceptance Auto Loan Trust 2024-2                                        | CUSIP: 22536VAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $228446.15    | 0.05%             | 2034-10-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                            | CUSIP: 378272BE7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   2905000 | PA      | $2619120.93   | 0.59%             | 2031-04-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| DATADOG INC                                   | Datadog Inc                                                                     | CUSIP: 23804LAC7<br>LEI: 549300F6JNO0KRPO1K63 | Long             | DBT              | CORP              | US        |    340000 | PA      | $324870.00    | 0.07%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EverBright Solar Trust                        | EverBright Solar Trust 2024-A                                                   | CUSIP: 29977FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285429 | PA      | $277194.72    | 0.06%             | 2054-06-22      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| RCO Mortgage LLC                              | RCO VIII Mortgage LLC 2025-3                                                    | CUSIP: 74939GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    402933 | PA      | $407302.80    | 0.09%             | 2030-05-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                      | Republic of South Africa Government Bond                                        | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  16465000 | PA      | $869314.58    | 0.20%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    144767 | PA      | $17392.31     | 0.00%             | 2030-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                 | Boeing Co/The                                                                   | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    295000 | PA      | $320525.88    | 0.07%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                      | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    703000 | PA      | $701769.61    | 0.16%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                                | OWN Equipment Fund II LLC                                                       | CUSIP: 690912AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $320855.68    | 0.07%             | 2033-09-26      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                          | Carnival Corporation 2025 Term Loan (2027)                                      | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |     65275 | PA      | $65213.50     | 0.01%             | 2027-08-08      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                      | Discovery Communications LLC                                                    | CUSIP: 25470DBJ7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28339.50     | 0.01%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer LLC            | MetroNet Infrastructure Issuer LLC                                              | CUSIP: 59170JAG3<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |     80000 | PA      | $82343.68     | 0.02%             | 2054-04-20      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RKJ2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $252288.50    | 0.06%             | 2028-04-20      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust  | American Credit Acceptance Receivables Trust 2023-4                             | CUSIP: 02530CAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $519044.45    | 0.12%             | 2030-09-12      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Aimco                                         | Aimco CLO 14 Ltd                                                                | CUSIP: 00144GAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1940000 | PA      | $1945183.68   | 0.44%             | 2034-04-20      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                | Sunnova Helios X Issuer LLC                                                     | CUSIP: 86744WAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    564950 | PA      | $216752.86    | 0.05%             | 2049-11-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                       | DCP Midstream Operating LP                                                      | CUSIP: 23311VAK3<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    530000 | PA      | $468362.03    | 0.11%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                           | Axon Enterprise Inc                                                             | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    165000 | PA      | $169679.40    | 0.04%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | EC               | CORP              | KY        |     46580 | NS      | $8519.16      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                      | iHeartCommunications Inc                                                        | CUSIP: 45174HBK2<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    120000 | PA      | $88846.80     | 0.02%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                              | CSC Holdings LLC                                                                | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $140736.98    | 0.03%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partners LLC          | PRET 2025-NPL6 LLC                                                              | CUSIP: 740936AA7<br>LEI: 254900640HC5OZKI7J87 | Long             | ABS-O            | CORP              | US        |    310000 | PA      | $310021.70    | 0.07%             | 2055-06-25      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| Labrador Aviation Finance Limited             | Labrador Aviation Finance Ltd 2016-1A                                           | CUSIP: 50543LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100707 | PA      | $97935.31     | 0.02%             | 2042-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust          | Castlelake Aircraft Securitization Trust 2018-1                                 | CUSIP: 14856CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208094 | PA      | $192741.69    | 0.04%             | 2043-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                            | CUSIP: 378272BQ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3165000 | PA      | $3432158.98   | 0.78%             | 2033-10-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                      | Western Midstream Operating LP                                                  | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104070.83    | 0.02%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| CAL Funding IV Ltd                            | CAL Funding IV Ltd                                                              | CUSIP: 12807CAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    555741 | PA      | $524363.90    | 0.12%             | 2045-09-25      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC            | CyrusOne Data Centers Issuer I LLC                                              | CUSIP: 23284BAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $314116.37    | 0.07%             | 2049-05-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| DT Auto Owner Trust                           | DT Auto Owner Trust 2023-3                                                      | CUSIP: 23345WAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $399893.34    | 0.09%             | 2029-05-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                 | UniCredit SpA                                                                   | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    400000 | PA      | $362238.61    | 0.08%             | 2032-06-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                         | Civitas Resources Inc                                                           | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187819.03    | 0.04%             | 2030-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| VStrong Auto Receivables Trust                | VStrong Auto Receivables Trust 2024-A                                           | CUSIP: 92891PAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $103907.20    | 0.02%             | 2030-07-15      | Fixed         | 7.29%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2024-3                                               | CUSIP: 505709AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100419.65    | 0.02%             | 2030-03-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| FRESHPET INC                                  | Freshpet Inc                                                                    | CUSIP: 358039AB1<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | DBT              | CORP              | US        |     71000 | PA      | $88182.00     | 0.02%             | 2028-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN CO LLC                         | Teva Pharmaceutical Finance Co LLC                                              | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |    690000 | PA      | $709392.45    | 0.16%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                         | Freedom Mortgage Holdings LLC                                                   | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60646.62     | 0.01%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HCA INC                                       | HCA Inc                                                                         | CUSIP: 404119DB2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5141.87      | 0.00%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                 | TopBuild Corp                                                                   | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    395000 | PA      | $366280.58    | 0.08%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust | BHG Securitization Trust 2024-1CON                                              | CUSIP: 08862HAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195000 | PA      | $199632.63    | 0.05%             | 2035-04-17      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Trust 2025-VLT6                                                              | CUSIP: 12433KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1982868.00   | 0.45%             | 2042-03-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                   | Paychex Inc                                                                     | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    320000 | PA      | $330771.76    | 0.07%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                       | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    140000 | PA      | $139295.70    | 0.03%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust      | Castlelake Aircraft Structured Trust 2019-1                                     | CUSIP: 14855MAA6<br>LEI: 549300MHTIBONNXM3R82 | Long             | ABS-O            | CORP              | US        |    184937 | PA      | $175480.46    | 0.04%             | 2039-04-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT                      | Apollo Global Management Inc                                                    | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |      1800 | NS      | $134730.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                                  | Synopsys Inc                                                                    | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    645000 | PA      | $641296.65    | 0.15%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| VStrong Auto Receivables Trust                | VStrong Auto Receivables Trust 2024-A                                           | CUSIP: 92891PAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101485.25    | 0.02%             | 2030-07-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust | BHG Securitization Trust 2023-B                                                 | CUSIP: 08862GAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $415201.80    | 0.09%             | 2036-12-17      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                 | AppLovin Corp                                                                   | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    470000 | PA      | $476117.54    | 0.11%             | 2029-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD                          | Times China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $13600.00     | 0.00%             | 2026-03-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                | Whirlpool Corp                                                                  | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145464.33    | 0.03%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                            | Subway Funding LLC                                                              | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1029825 | PA      | $1046530.82   | 0.24%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                         | Sixth Street CLO XVIII Ltd                                                      | CUSIP: 83012HAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    575000 | PA      | $576483.50    | 0.13%             | 2034-04-20      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization Equity Trust   | AASET 2024-2 Ltd                                                                | CUSIP: 00038QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    991061 | PA      | $1009411.10   | 0.23%             | 2049-09-16      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| ROC Securities Trust                          | Roc Mortgage Trust 2024-RTL1                                                    | CUSIP: 77118UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    730000 | PA      | $729610.33    | 0.17%             | 2039-10-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                         | Toorak Mortgage Trust 2024-RRTL1                                                | CUSIP: 89054YAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130000 | PA      | $130792.68    | 0.03%             | 2039-02-25      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                 | TransDigm Inc 2023 Term Loan J                                                  | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     98752 | PA      | $98920.36     | 0.02%             | 2031-02-28      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                      | Icon Investments Six DAC                                                        | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $204395.88    | 0.05%             | 2034-05-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                           | Commercial Mortgage Pass Through Certificates                                   | CUSIP: 12624NAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     71468 | PA      | $68594.06     | 0.02%             | 2030-10-05      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC 2014-USA OA LLC                                                            | CUSIP: 12649AAN9<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $151290.00    | 0.03%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RJA3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102947.28    | 0.02%             | 2030-06-20      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                 | Boeing Co/The                                                                   | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |     12785 | NS      | $869380.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARM FNC NL II                          | Teva Pharmaceutical Finance Netherlands II BV                                   | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    610000 | PA      | $813158.13    | 0.18%             | 2029-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VCAT Asset Securitization, LLC                | VCAT 2025-NPL1 LLC                                                              | CUSIP: 921962AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300686 | PA      | $301268.12    | 0.07%             | 2055-01-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                 | DISH DBS Corp                                                                   | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2215000 | PA      | $2010112.50   | 0.46%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                      | Foundation Finance Trust 2025-1                                                 | CUSIP: 35040WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445000 | PA      | $451188.62    | 0.10%             | 2050-04-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                         | Continental Resources Inc/OK                                                    | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1071870.00   | 0.24%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                      | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc       | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $184291.28    | 0.04%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Notes                                                             | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25935000 | PA      | $25930947.66  | 5.87%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partners LLC          | PRET 2025-NPL3 LLC                                                              | CUSIP: 74143HAA3<br>LEI: 254900UGRYVHG7BY6M45 | Long             | ABS-O            | CORP              | US        |    337570 | PA      | $337997.26    | 0.08%             | 2055-04-25      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                             | L3Harris Technologies Inc                                                       | CUSIP: 502431AU3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1344148.47   | 0.30%             | 2034-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC           | Hilton Grand Vacations Borrower LLC 2021 Term Loan B                            | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |     26966 | PA      | $26937.09     | 0.01%             | 2028-08-02      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORPORATION                           | Novelis Corporation 2025 Term Loan B                                            | CUSIP: 67000LAB8<br>LEI: 549300ZJQN1PEAT42X90 | Long             | LON              | CORP              | US        |    796359 | PA      | $797354.72    | 0.18%             | 2032-03-11      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| First Investors Auto Owner Trust              | First Investors Auto Owner Trust 2022-2                                         | CUSIP: 32058KAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215000 | PA      | $223669.72    | 0.05%             | 2028-10-16      | Fixed         | 8.71%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Trust Llc                       | SCF Equipment Leasing 2022-2 LLC                                                | CUSIP: 78397WAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $316674.86    | 0.07%             | 2032-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Applebees/IHOP Funding LLC                    | Applebee's Funding LLC / IHOP Funding LLC                                       | CUSIP: 03789XAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1510000 | PA      | $1502718.78   | 0.34%             | 2055-06-07      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Ziply Fiber Issuer, LLC                       | Ziply Fiber Issuer LLC                                                          | CUSIP: 98979QAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $449546.81    | 0.10%             | 2054-04-20      | Fixed         | 7.81%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                           | COMM 2024-CBM Mortgage Trust                                                    | CUSIP: 12674GAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $103425.70    | 0.02%             | 2041-12-10      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust | BHG Securitization Trust 2025-1CON                                              | CUSIP: 08860AAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130000 | PA      | $130443.56    | 0.03%             | 2036-04-17      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                | Home Partners of America 2021-2 Trust                                           | CUSIP: 43732VAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    412764 | PA      | $393966.68    | 0.09%             | 2026-12-17      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                            | Steel Dynamics Inc                                                              | CUSIP: 858119BQ2<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203079.76    | 0.05%             | 2034-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust  | American Credit Acceptance Receivables Trust 2025-1                             | CUSIP: 02528DAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $201431.26    | 0.05%             | 2031-08-12      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                   | Extended Stay America Trust 2021-ESH                                            | CUSIP: 30227FAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    647584 | PA      | $648393.98    | 0.15%             | 2038-07-15      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                   | Hologic Inc                                                                     | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    375000 | PA      | $357356.85    | 0.08%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| STREAM INNOVATIONS ISSUER TRUST               | Stream Innovations 2024-2 Issuer Trust                                          | CUSIP: 86324EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    244786 | PA      | $249509.09    | 0.06%             | 2045-02-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                           | Ashtead Capital Inc                                                             | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1817789.95   | 0.41%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                            | Credit Agricole SA                                                              | CUSIP: 225313AQ8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    990000 | PA      | $1029407.95   | 0.23%             | 2035-01-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                | Var Energi ASA                                                                  | CUSIP: 92212WAG5<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $206830.68    | 0.05%             | 2035-05-22      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Open Text Corporation                         | Open Text Corporation 2023 Term Loan B                                          | CUSIP: 68371YAP8<br>LEI: 549300HP7ONDQODZJV16 | Long             | LON              | CORP              | CA        |    976498 | PA      | $975404.13    | 0.22%             | 2030-01-31      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                          | Carnival Corporation 2025 Term Loan (2028)                                      | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |    760591 | PA      | $759876.08    | 0.17%             | 2028-10-18      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                      | Cheniere Energy Partners LP                                                     | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    645000 | PA      | $673273.79    | 0.15%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                   | MetLife Inc                                                                     | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1491240.03   | 0.34%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EQT CORP                                      | EQT Corp                                                                        | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    330000 | PA      | $357732.99    | 0.08%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DK CROWN HOLDINGS INC                         | DK Crown Holdings Inc 2025 Term Loan B                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    558600 | PA      | $556505.25    | 0.13%             | 2032-03-04      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                     | Boeing Co/The                                                                   | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    789000 | PA      | $743335.93    | 0.17%             | 2031-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                   | Hertz Vehicle Financing III LLC                                                 | CUSIP: 42806MCJ6<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    255000 | PA      | $257895.58    | 0.06%             | 2027-06-25      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                       | United Rentals North America Inc                                                | CUSIP: 911365BR4<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1133025.30   | 0.26%             | 2034-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Jack in the Box Funding, LLC                  | Jack in the Box Funding LLC                                                     | CUSIP: 466365AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    287250 | PA      | $283065.80    | 0.06%             | 2049-08-25      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $69604.63     | 0.02%             | 2034-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING                      | JH North America Holdings Inc                                                   | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    775000 | PA      | $787868.11    | 0.18%             | 2032-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                     | IQVIA Inc 2025 Repriced Term Loan B                                             | CUSIP: 44969CBP4<br>LEI: 549300PLWY28YB00C717 | Long             | LON              | CORP              | US        |    482700 | PA      | $484360.18    | 0.11%             | 2031-01-02      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds          | Chile Government International Bonds                                            | CUSIP: 168863EE4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $206020.00    | 0.05%             | 2037-01-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                      | Kaisa Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $8224.00      | 0.00%             | 2025-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REMIC FUNDING TRUST 98-1                      | Redwood Funding Trust 2023-1                                                    | CUSIP: 75806CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    234603 | PA      | $233720.64    | 0.05%             | 2059-07-25      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2024-N3                                          | CUSIP: 14687WAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $302779.50    | 0.07%             | 2030-12-10      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                       | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   3080000 | PA      | $2214986.62   | 0.50%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust           | New Residential Mortgage Loan Trust 2024-RTL1                                   | CUSIP: 64831PAA3<br>LEI: 213800CVLC5IFCJL6C96 | Long             | ABS-MBS          | CORP              | US        |    580000 | PA      | $584450.28    | 0.13%             | 2039-03-25      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| Sunrun Demeter Issuer LLC                     | Sunrun Demeter Issuer 2021-2 LLC                                                | CUSIP: 86772HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     81753 | PA      | $72341.64     | 0.02%             | 2057-01-30      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partners LLC          | PRET 2024-NPL4 LLC                                                              | CUSIP: 74143RAA1<br>LEI: 254900OXVJK5CT5B2O86 | Long             | ABS-O            | CORP              | US        |    198436 | PA      | $198746.18    | 0.04%             | 2054-07-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust | BHG Securitization Trust 2024-1CON                                              | CUSIP: 08862HAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102593.45    | 0.02%             | 2035-04-17      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                      | Foundation Finance Trust 2023-2                                                 | CUSIP: 35042RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110357 | PA      | $115367.70    | 0.03%             | 2049-06-15      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                       | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    134000 | PA      | $131397.21    | 0.03%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING                      | JH North America Holdings Inc                                                   | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    545000 | PA      | $549758.93    | 0.12%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC            | CyrusOne Data Centers Issuer I LLC                                              | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101831.50    | 0.02%             | 2050-02-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| ADVANCED ENERGY IND                           | Advanced Energy Industries Inc                                                  | CUSIP: 007973AE0<br>LEI: 549300756XI3QLFT2U27 | Long             | DBT              | CORP              | US        |     89000 | PA      | $106613.10    | 0.02%             | 2028-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust              | OneMain Financial Issuance Trust 2022-S1                                        | CUSIP: 68267HAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $375536.90    | 0.09%             | 2035-05-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust | JP Morgan Chase Commercial Mortgage Securities Trust 2025-BMS                   | CUSIP: 46596CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $297178.80    | 0.07%             | 2042-01-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2023-N1                                          | CUSIP: 14688FAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    260000 | PA      | $265174.08    | 0.06%             | 2029-07-10      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                  | Entegris Inc                                                                    | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1567423.14   | 0.35%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    101490 | PA      | $11972.78     | 0.00%             | 2025-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                              | T-Mobile USA Inc                                                                | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    265000 | PA      | $233547.21    | 0.05%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                      | Venture Global Calcasieu Pass LLC                                               | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1457807.56   | 0.33%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                      | Foundation Finance Trust 2024-2                                                 | CUSIP: 35040VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     97321 | PA      | $98518.85     | 0.02%             | 2050-03-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                 | EchoStar Corp                                                                   | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    782781 | PA      | $921724.63    | 0.21%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RJS4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $116500.64    | 0.03%             | 2029-06-20      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust           | Exeter Automobile Receivables Trust 2023-2                                      | CUSIP: 30168CAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    335000 | PA      | $340943.44    | 0.08%             | 2029-08-15      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                       | Central China Real Estate Ltd                                                   | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $8500.00      | 0.00%             | 2024-08-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partners LLC          | PRET 2024-NPL8 LLC                                                              | CUSIP: 69392DAA0<br>LEI: 254900IGILCZGVE9SS90 | Long             | ABS-MBS          | CORP              | US        |    495852 | PA      | $496068.80    | 0.11%             | 2054-11-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Issuer LLC         | New Economy Assets - Phase 1 Sponsor LLC                                        | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $188297.58    | 0.04%             | 2061-10-20      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                               | Oaktree CLO 2019-2 Ltd                                                          | CUSIP: 67401UBC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1885000 | PA      | $1893073.46   | 0.43%             | 2037-10-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Madison Park XLIV                             | Atrium XV                                                                       | CUSIP: 55820LAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    255000 | PA      | $256259.45    | 0.06%             | 2037-07-16      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Palmer Square BDC CLO Ltd                     | Palmer Square BDC CLO 1 Ltd                                                     | CUSIP: 696928AC4<br>LEI: 254900LU0WIJ7Y0O9X14 | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $629151.25    | 0.14%             | 2037-07-15      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                  | UBS Group AG                                                                    | CUSIP: 225401BB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    360000 | PA      | $445096.78    | 0.10%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| VERTEX INC                                    | Vertex Inc                                                                      | CUSIP: 92538JAB2<br>LEI: 549300QMYW171MP1PL50 | Long             | DBT              | CORP              | US        |     86000 | PA      | $102814.53    | 0.02%             | 2029-05-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                  | Centene Corp                                                                    | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1770000 | PA      | $1523946.64   | 0.34%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EWC Master Issuer LLC                         | EWC Master Issuer LLC                                                           | CUSIP: 26929HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    121250 | PA      | $119458.63    | 0.03%             | 2052-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                             | Iron Mountain Inc                                                               | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   1215000 | PA      | $1193638.36   | 0.27%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                  | Wyndham Hotels & Resorts Inc 2024 Term Loan                                     | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |   1980000 | PA      | $1986712.20   | 0.45%             | 2030-05-24      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2024-3                                               | CUSIP: 505709AG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100108.22    | 0.02%             | 2032-02-17      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                       | Arthur J Gallagher & Co                                                         | CUSIP: 04316JAH2<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255580.56    | 0.06%             | 2034-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                         | GFL Environmental Inc                                                           | CUSIP: 36168QAP9<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    295000 | PA      | $286456.09    | 0.06%             | 2029-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Private Education Refi Loan Trust 2020-H                                | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     42123 | PA      | $39581.54     | 0.01%             | 2069-01-15      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Republic Finance Issuance Trust               | Republic Finance Issuance Trust 2024-A                                          | CUSIP: 76041RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $329748.41    | 0.07%             | 2032-08-20      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                      | Western Midstream Operating LP                                                  | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    405000 | PA      | $337974.69    | 0.08%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                         | Helmerich & Payne Inc                                                           | CUSIP: 423452AK7<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1595441.16   | 0.36%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                           | Resideo Funding Inc 2024 M&A 1st lien Term Loan B                               | CUSIP: 76090LAK0<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |    997122 | PA      | $993383.14    | 0.22%             | 2031-06-13      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust              | SMB Private Education Loan Trust 2020-A                                         | CUSIP: 78449UAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     33518 | PA      | $32280.71     | 0.01%             | 2037-09-15      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                     | Block Inc                                                                       | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    395000 | PA      | $362320.97    | 0.08%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                     | BPR Trust 2021-NRD                                                              | CUSIP: 05592CAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    740000 | PA      | $723031.80    | 0.16%             | 2038-12-15      | Floating      | 11.18%                | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2023-N4                                          | CUSIP: 14688LAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $104702.70    | 0.02%             | 2030-02-11      | Fixed         | 7.22%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                  | CaixaBank SA                                                                    | CUSIP: 12803RAM6<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    295000 | PA      | $298025.82    | 0.07%             | 2036-07-03      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                     | PG&E Corp                                                                       | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |      4516 | NS      | $169801.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC                         | Molina Healthcare Inc                                                           | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    180000 | PA      | $175935.71    | 0.04%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fort Greene Park CLO                          | Fort Greene Park CLO LLC                                                        | CUSIP: 18914KAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1090000 | PA      | $1068594.58   | 0.24%             | 2034-04-22      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                       | Aircastle Ltd / Aircastle Ireland DAC                                           | CUSIP: 00929JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    450000 | PA      | $462370.09    | 0.10%             | 2031-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRANITE CONSTRUCTION INC                      | Granite Construction Inc                                                        | CUSIP: 387328AD9<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | DBT              | CORP              | US        |     59000 | PA      | $122513.50    | 0.03%             | 2028-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                | NRG Energy Inc 2024 Term Loan                                                   | CUSIP: 62937NBC0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | LON              | CORP              | US        |    243153 | PA      | $243457.20    | 0.06%             | 2031-04-16      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                             | Expedia Group Inc                                                               | CUSIP: 30212PBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1882889.69   | 0.43%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                            | Leviathan Bond Ltd                                                              | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     55000 | PA      | $54610.05     | 0.01%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                    | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    680000 | PA      | $616711.51    | 0.14%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   2305000 | PA      | $2727240.40   | 0.62%             | 2032-07-11      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HO/AAG FH UK                      | Global Auto Holdings Ltd/AAG FH UK Ltd                                          | CUSIP: 00033YAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    330000 | PA      | $322891.42    | 0.07%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Bank of America Corp                          | Bank of America Corp                                                            | CUSIP: 59022CAJ2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1510000 | PA      | $1594581.02   | 0.36%             | 2037-01-29      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                           | Ashtead Capital Inc                                                             | CUSIP: 045054AS2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204690.98    | 0.05%             | 2034-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                      | Western Midstream Operating LP                                                  | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69737.31     | 0.02%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SHENTON AIRCRAFT INVESTMENT LTD               | Shenton Aircraft Investment I Ltd                                               | CUSIP: 82321UAA1<br>LEI: 254900877LAQRYY3YZ51 | Long             | ABS-O            | CORP              | KY        |    133000 | PA      | $129108.71    | 0.03%             | 2042-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes 2021-SFR1 Trust                                                  | CUSIP: 33767WAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    675000 | PA      | $651527.55    | 0.15%             | 2038-08-17      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                       | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1065000 | PA      | $1071506.18   | 0.24%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TEREX CORPORATION                             | Terex Corporation 2024 Term Loan B                                              | CUSIP: 88078FBM9<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | LON              | CORP              | US        |    155000 | PA      | $155759.50    | 0.04%             | 2031-10-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                      | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBD4<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    290000 | PA      | $170926.00    | 0.04%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                           | Ashtead Capital Inc                                                             | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277729.81    | 0.06%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                  | Centene Corp                                                                    | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    365000 | PA      | $336177.23    | 0.08%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust | JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9                   | CUSIP: 46639EAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $94752.00     | 0.02%             | 2047-12-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                        | Marlette Funding Trust 2023-4                                                   | CUSIP: 57108UAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $396677.06    | 0.09%             | 2033-12-15      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| Aimco                                         | AIMCO CLO Series 2017-A                                                         | CUSIP: 00900CBC7<br>LEI: 549300MMTPNJGGRMPB33 | Long             | ABS-CBDO         | CORP              | KY        |   1005000 | PA      | $1008309.47   | 0.23%             | 2038-01-20      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                 | CAFL 2023-RTL1 Issuer LLC                                                       | CUSIP: 124762AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    510000 | PA      | $514123.35    | 0.12%             | 2030-12-28      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                       | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    645000 | PA      | $703612.44    | 0.16%             | 2029-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                       | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    410000 | PA      | $421430.80    | 0.10%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                      | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBC6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2020000 | PA      | $1502375.00   | 0.34%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                         | Mineral Resources Ltd                                                           | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    130000 | PA      | $129356.88    | 0.03%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                      | Vistra Operations Co LLC                                                        | CUSIP: 92840VAU6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    190000 | PA      | $193476.79    | 0.04%             | 2034-12-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 10YR NOTE (CBT)SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        87 | NC      | $140668.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Private Education Refi Loan Trust 2021-A                                | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    138842 | PA      | $126539.56    | 0.03%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                     | College Ave Student Loans 2024-B LLC                                            | CUSIP: 19423UAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    997539 | PA      | $1023984.85   | 0.23%             | 2054-08-25      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                    | NetApp Inc                                                                      | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    430000 | PA      | $442913.98    | 0.10%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bundesschatzanweisungen                       | Bundesschatzanweisungen                                                         | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |    490000 | PA      | $580514.69    | 0.13%             | 2027-03-11      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN IV                             | Teva Pharmaceutical Finance Netherlands IV BV                                   | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $203586.99    | 0.05%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                             | Post Holdings Inc                                                               | CUSIP: 737446AT1<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    197000 | PA      | $224875.50    | 0.05%             | 2027-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                      | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                             | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3345000 | PA      | $3100878.12   | 0.70%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                               | Cemex SAB de CV                                                                 | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |   1195000 | PA      | $1175377.98   | 0.27%             | 2026-06-08      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                         | Bausch Health Cos Inc                                                           | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1395000 | PA      | $1176745.28   | 0.27%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                           | Coinbase Global Inc                                                             | CUSIP: 19260QAF4<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     82000 | PA      | $107051.00    | 0.02%             | 2030-04-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| EquipmentShare                                | OWN Equipment Fund I LLC                                                        | CUSIP: 69121NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    609388 | PA      | $619329.57    | 0.14%             | 2032-12-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC           | Hilton Grand Vacations Borrower LLC 2024 Incremental Term Loan B                | CUSIP: 43283LAK7<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |   1745050 | PA      | $1741926.82   | 0.39%             | 2031-01-17      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Ziply Fiber Issuer, LLC                       | Ziply Fiber Issuer LLC                                                          | CUSIP: 98979QAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $616231.80    | 0.14%             | 2054-04-20      | Fixed         | 6.64%                 | 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        |   9053000 | PA      | $1461274.19   | 0.33%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                              | CSC Holdings LLC                                                                | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1602223.16   | 0.36%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                       | Aircastle Ltd / Aircastle Ireland DAC                                           | CUSIP: 00929JAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    230000 | PA      | $231895.10    | 0.05%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust             | GLS Auto Select Receivables Trust 2024-2                                        | CUSIP: 379924AG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $77126.50     | 0.02%             | 2030-06-17      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| REMIC FUNDING TRUST 98-1                      | Redwood Funding Trust 2024-1                                                    | CUSIP: 75806FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    353473 | PA      | $358396.62    | 0.08%             | 2054-12-25      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                          | Aramark Services Inc 2024 Term Loan B7                                          | CUSIP: 03852JAU5<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    100000 | PA      | $100054.00    | 0.02%             | 2028-04-06      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Maps LTD                                      | MAPS 2021-1 Trust                                                               | CUSIP: 55292RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450631 | PA      | $424534.48    | 0.10%             | 2046-06-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                        | Marriott International Inc/MD                                                   | CUSIP: 571903BU6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    970000 | PA      | $970160.70    | 0.22%             | 2037-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                        | Aviation Capital Group LLC                                                      | CUSIP: 05366DAA6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    955000 | PA      | $1012574.65   | 0.23%             | 2030-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $160043.67    | 0.04%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust             | Credit Acceptance Auto Loan Trust 2024-3                                        | CUSIP: 22535LAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $204749.80    | 0.05%             | 2035-01-16      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| CIENA CORPORATION                             | Ciena Corporation 2025 Repriced Term Loan B                                     | CUSIP: 17178HAR3<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | LON              | CORP              | US        |    200380 | PA      | $201131.65    | 0.05%             | 2030-10-24      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                 | Carnival Corp                                                                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1195000 | PA      | $1222666.64   | 0.28%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PARSONS CORP                                  | Parsons Corp                                                                    | CUSIP: 70202LAD4<br>LEI: 549300ZXH0VRBSEPX752 | Long             | DBT              | CORP              | US        |    233000 | PA      | $247679.00    | 0.06%             | 2029-03-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| WHISTLER PIPELINE LLC                         | Whistler Pipeline LLC                                                           | CUSIP: 96337RAC6<br>LEI: 549300NG57SGLTNW5C85 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253216.70    | 0.06%             | 2034-09-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FLUOR CORP                                    | Fluor Corp                                                                      | CUSIP: 343412AJ1<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |    130000 | PA      | $170560.00    | 0.04%             | 2029-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust         | Wells Fargo Commercial Mortgage Trust 2016-C36                                  | CUSIP: 95000MBU4<br>LEI: 549300BSYX29G4VVM177 | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $255331.75    | 0.06%             | 2059-11-15      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                      | Sunac China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    306692 | PA      | $36750.90     | 0.01%             | 2028-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                      | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc       | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $223416.16    | 0.05%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes 2021-SFR2 Trust                                                  | CUSIP: 33767TAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $302367.49    | 0.07%             | 2038-09-17      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                    | Leidos Inc                                                                      | CUSIP: 52532XAF2<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113306.09    | 0.03%             | 2030-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                      | Marriott Ownership Resorts Inc                                                  | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    530000 | PA      | $509015.45    | 0.12%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                   | MetLife Inc                                                                     | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   2270000 | PA      | $2695118.79   | 0.61%             | 2038-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CIFI HOLDINGS GROUP                           | CIFI Holdings Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300WGKSV867C0JF48 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $19982.00     | 0.00%             | 2024-11-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRUST              | WFRBS Commercial Mortgage Trust 2013-C15                                        | CUSIP: 92938CAH0<br>LEI: 5493003CHVRASC16O965 | Long             | ABS-MBS          | CORP              | US        |    414399 | PA      | $389535.11    | 0.09%             | 2046-08-15      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                      | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 47214BAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    345000 | PA      | $376624.43    | 0.09%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                  | Centene Corp                                                                    | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    310000 | PA      | $276991.52    | 0.06%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                      | Macquarie Airfinance Holdings Ltd                                               | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    285000 | PA      | $288175.76    | 0.07%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                      | Slam Ltd                                                                        | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    561988 | PA      | $565573.09    | 0.13%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                 | ZF North America Capital Inc                                                    | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293214.00    | 0.07%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                         | Directv Financing LLC                                                           | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $191215.01    | 0.04%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2022-1                                          | CUSIP: 74113RAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    635000 | PA      | $652382.49    | 0.15%             | 2028-08-15      | Fixed         | 8.08%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                      | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    645000 | PA      | $568785.92    | 0.13%             | 2033-10-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Merchants Fleet Funding LLC                   | Merchants Fleet Funding LLC                                                     | CUSIP: 588926AD7<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $254227.75    | 0.06%             | 2036-05-20      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                               | Trans Union LLC 2024 Term Loan B8                                               | CUSIP: 89334GBF0<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |   1969342 | PA      | $1970917.82   | 0.45%             | 2031-06-24      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                           | NCL Corp Ltd                                                                    | CUSIP: 62886HBS9<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    255000 | PA      | $272690.63    | 0.06%             | 2030-04-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust         | Mission Lane Credit Card Master Trust                                           | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485000 | PA      | $488855.27    | 0.11%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Palmer Square BDC CLO Ltd                     | Palmer Square BDC CLO 1 Ltd                                                     | CUSIP: 696928AA8<br>LEI: 254900LU0WIJ7Y0O9X14 | Long             | ABS-CBDO         | CORP              | KY        |    890000 | PA      | $894351.21    | 0.20%             | 2037-07-15      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY INC                              | Viper Energy Inc                                                                | CUSIP: 92763MAB1<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |    300000 | PA      | $318325.55    | 0.07%             | 2031-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2024-1                                               | CUSIP: 501689AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101372.35    | 0.02%             | 2029-02-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Applebees/IHOP Funding LLC                    | Applebee's Funding LLC / IHOP Funding LLC                                       | CUSIP: 03789XAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    785000 | PA      | $796356.75    | 0.18%             | 2053-03-05      | Fixed         | 7.82%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RDY7<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    685000 | PA      | $677110.10    | 0.15%             | 2027-02-20      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                    | FIXED INC CLEARING CORP.REPO                                                    | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  13029414 | PA      | $13029414.13  | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US ULTRA BOND CBT SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -78 | NC      | $-288407.66   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL                        | Marriott International Inc/MD                                                   | CUSIP: 571903BQ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    520000 | PA      | $526295.10    | 0.12%             | 2034-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                         | Mineral Resources Ltd                                                           | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     65000 | PA      | $66521.52     | 0.02%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Altde Trust                                   | ALTDE 2025-1 Trust                                                              | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    470098 | PA      | $479493.34    | 0.11%             | 2050-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                     | BPR Trust 2021-NRD                                                              | CUSIP: 05592CAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $167688.00    | 0.04%             | 2038-12-15      | Floating      | 9.93%                 | No            |                  2 | On Loan: No      |
| Philippines Government International Bonds    | Philippines Government International Bonds                                      | CUSIP: 718286CL9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    400000 | PA      | $259527.15    | 0.06%             | 2045-12-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Trust 2024-VLT4                                                              | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    385000 | PA      | $384879.69    | 0.09%             | 2029-07-15      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust           | Exeter Automobile Receivables Trust 2025-1                                      | CUSIP: 30167MAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485000 | PA      | $498086.76    | 0.11%             | 2031-05-15      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                           | Travel + Leisure Co                                                             | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    815000 | PA      | $781379.62    | 0.18%             | 2030-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                               | NCL Finance Ltd                                                                 | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    280000 | PA      | $284555.04    | 0.06%             | 2028-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                         | Continental Resources Inc/OK                                                    | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   4220000 | PA      | $4260443.68   | 0.96%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds          | Chile Government International Bonds                                            | CUSIP: 168863DY1<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $172922.00    | 0.04%             | 2042-03-07      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                       | Jefferies Financial Group Inc                                                   | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    360000 | PA      | $376566.40    | 0.09%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                 | TransDigm Inc                                                                   | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    435000 | PA      | $444278.55    | 0.10%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Limited           | TMCL VII Holdings Ltd                                                           | CUSIP: 87257FAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    730000 | PA      | $730121.18    | 0.17%             | 2050-07-23      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust | Bridgecrest Lending Auto Securitization Trust 2024-2                            | CUSIP: 10805MAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    705000 | PA      | $722851.52    | 0.16%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| FLUTTER FINANCING BV                          | FLUTTER FINANCING BV 2025 TERM LOAN B                                           | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    130000 | PA      | $129837.50    | 0.03%             | 2032-06-04      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LAND IV                            | SINO OCEAN LAND IV                                                              | CUSIP: 000000000<br>LEI: 213800EAGXDYG9QWS896 | Long             | DBT              | CORP              | XX        |    200000 | PA      | $12892.00     | 0.00%             | 2029-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                        | Marlette Funding Trust 2024-1                                                   | CUSIP: 57108VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $110606.21    | 0.03%             | 2034-07-17      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                              | CSC Holdings LLC                                                                | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    220000 | PA      | $152435.59    | 0.03%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                           | Synchrony Financial                                                             | CUSIP: 87165BAW3<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    270000 | PA      | $272354.05    | 0.06%             | 2031-03-06      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2023-4                                        | CUSIP: 362929AF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $317115.70    | 0.07%             | 2029-08-15      | Fixed         | 7.18%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                      | Hess Midstream Operations LP                                                    | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $687453.05    | 0.16%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mariner Finance Issuance Trust                | Mariner Finance Issuance Trust 2024-A                                           | CUSIP: 567928AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $103171.22    | 0.02%             | 2036-09-22      | Fixed         | 6.77%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                    | Affirm Asset Securitization Trust 2024-X2                                       | CUSIP: 00833QAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $125845.63    | 0.03%             | 2029-12-17      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2023-4                                               | CUSIP: 50571AAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135000 | PA      | $139674.00    | 0.03%             | 2029-03-15      | Fixed         | 6.76%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                           | American Tower Corp                                                             | CUSIP: 03027XCF5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   1165000 | PA      | $1229079.66   | 0.28%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                        | Marlette Funding Trust 2024-1                                                   | CUSIP: 57108VAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $395336.06    | 0.09%             | 2034-07-17      | Fixed         | 6.93%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                 | BGC Group Inc                                                                   | CUSIP: 05555LAC5<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    520000 | PA      | $527230.14    | 0.12%             | 2030-04-02      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                      | Sensata Technologies Inc                                                        | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    135000 | PA      | $123055.46    | 0.03%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTERDIGITAL INC                              | InterDigital Inc                                                                | CUSIP: 45867GAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     53000 | PA      | $154362.50    | 0.03%             | 2027-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HLDGS LTD                        | Shimao Group Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $10052.00     | 0.00%             | 2024-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Merchants Fleet Funding LLC                   | Merchants Fleet Funding LLC                                                     | CUSIP: 588926AA3<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    456761 | PA      | $460231.02    | 0.10%             | 2036-05-20      | Fixed         | 7.21%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust         | Wells Fargo Commercial Mortgage Trust 2013-LC12                                 | CUSIP: 94988QAQ4<br>LEI: 549300V2DF3KW9L1CV04 | Long             | ABS-MBS          | CORP              | US        |     13028 | PA      | $12474.90     | 0.00%             | 2046-07-15      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Notes                                                             | CUSIP: 91282CKH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10610000 | PA      | $10639011.77  | 2.41%             | 2026-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GITSIT Mortgage Loan Trust                    | GITSIT Mortgage Loan Trust 2024-NPL1                                            | CUSIP: 375925AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160906 | PA      | $161719.05    | 0.04%             | 2054-06-25      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                        | Republic of Uzbekistan International Bond                                       | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    400000 | PA      | $356597.24    | 0.08%             | 2030-11-25      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL                         | Pinnacle West Capital Corp                                                      | CUSIP: 723484AK7<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |     57000 | PA      | $61731.00     | 0.01%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freedom Financial                             | FREED ABS Trust 2021-3FP                                                        | CUSIP: 30322MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     56137 | PA      | $55896.91     | 0.01%             | 2028-11-20      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                    | MFA 2024-NPL1 Trust                                                             | CUSIP: 58004YAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    465764 | PA      | $469667.31    | 0.11%             | 2054-09-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                         | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    595000 | PA      | $637139.69    | 0.14%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ascent Education Funding Trust                | Ascent Education Funding Trust 2024-A                                           | CUSIP: 04362VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    179387 | PA      | $183296.38    | 0.04%             | 2050-10-25      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                           | Frontier Issuer LLC                                                             | CUSIP: 35910EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    845000 | PA      | $858329.03    | 0.19%             | 2053-08-20      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                       | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    460000 | PA      | $520885.60    | 0.12%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ASHLAND INC                                   | Ashland Inc                                                                     | CUSIP: 04433LAA0<br>LEI: 529900E4L9R04SB8HB11 | Long             | DBT              | CORP              | US        |    775000 | PA      | $690582.20    | 0.16%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BLOOM ENERGY CORP                             | Bloom Energy Corp                                                               | CUSIP: 093712AK3<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |     54000 | PA      | $79866.00     | 0.02%             | 2028-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITADEL LP                                    | Citadel LP                                                                      | CUSIP: 17288XAD6<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |    225000 | PA      | $232627.52    | 0.05%             | 2030-01-23      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                       | Central China Real Estate Ltd                                                   | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $8500.00      | 0.00%             | 2025-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                     | Boeing Co/The                                                                   | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    985000 | PA      | $1002828.03   | 0.23%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                    | NetApp Inc                                                                      | CUSIP: 64110DAN4<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    380000 | PA      | $390245.96    | 0.09%             | 2035-03-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                       | Sensata Technologies BV                                                         | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    615000 | PA      | $584914.70    | 0.13%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                | Morgan Stanley                                                                  | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2108932.09   | 0.48%             | 2038-01-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                     | Boeing Co/The                                                                   | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52280.91     | 0.01%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                      | Uruguay Government International Bond                                           | CUSIP: 760942BF8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |  27700000 | PA      | $731683.75    | 0.17%             | 2033-07-20      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                  | Hilton Grand Vacations Trust 2024-1B                                            | CUSIP: 43283YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     31246 | PA      | $31735.07     | 0.01%             | 2039-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                  | UBS Group AG                                                                    | CUSIP: 902613BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    900000 | PA      | $934825.53    | 0.21%             | 2035-02-08      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ASPLUNDH TREE EXPERT LLC                      | Asplundh Tree Expert LLC 2024 Incremental Term Loan B                           | CUSIP: 04538FAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1058230 | PA      | $1059002.51   | 0.24%             | 2031-05-23      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                           | NCL Corp Ltd                                                                    | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     40000 | PA      | $42167.24     | 0.01%             | 2029-01-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Kapitus Asset Securitization LLC              | Kapitus Asset Securitization IV LLC                                             | CUSIP: 48555MAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120000 | PA      | $119864.04    | 0.03%             | 2031-09-10      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                           | Go Daddy Operating Co LLC / GD Finance Co Inc                                   | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $389468.39    | 0.09%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                               | SEB Funding LLC                                                                 | CUSIP: 78433DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99750 | PA      | $97888.90     | 0.02%             | 2052-01-30      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                      | Western Midstream Operating LP                                                  | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47093.99     | 0.01%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                      | Shimao Group Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    405000 | PA      | $19942.20     | 0.00%             | 2031-01-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                      | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     80000 | PA      | $74549.49     | 0.02%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mercury Financial Credit Card Master Trust    | Mercury Financial Credit Card Master Trust                                      | CUSIP: 58940BAZ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670000 | PA      | $676537.19    | 0.15%             | 2029-07-20      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC              | Planet Fitness Master Issuer LLC                                                | CUSIP: 72703PAD5<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |     48375 | PA      | $47107.04     | 0.01%             | 2051-12-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DaVita Inc                                    | DaVita Inc 2024 Extended Term Loan B1                                           | CUSIP: 23918VBB9<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | LON              | CORP              | US        |    200000 | PA      | $200976.00    | 0.05%             | 2031-05-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                       | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1105000 | PA      | $1126301.09   | 0.25%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AGILE GROUP HOLDINGS LTD                      | Agile Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | DBT              | CORP              | KY        |    630000 | PA      | $38203.20     | 0.01%             | 2025-10-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR5 Trust                                            | CUSIP: 74333FAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $96861.14     | 0.02%             | 2038-07-17      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Sunrun Issuer                                 | Sunrun Atlas Issuer 2019-2 LLC                                                  | CUSIP: 86772FAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    169425 | PA      | $160406.39    | 0.04%             | 2055-02-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                           | JPMorgan Chase & Co                                                             | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1642110.66   | 0.37%             | 2030-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                      | Permian Resources Operating LLC                                                 | CUSIP: 15136AAA0<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     44000 | PA      | $106062.00    | 0.02%             | 2028-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                      | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $432904.58    | 0.10%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                                 | AppLovin Corp                                                                   | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   1370000 | PA      | $1390954.92   | 0.31%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                            | CUSIP: 378272AY4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    325000 | PA      | $292662.50    | 0.07%             | 2030-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                       | Light & Wonder International Inc                                                | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    215000 | PA      | $224978.58    | 0.05%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                | Whirlpool Corp                                                                  | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136186.48    | 0.03%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                       | Light & Wonder International Inc                                                | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1283728.56   | 0.29%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Notes                                                             | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22560000 | PA      | $22769737.61  | 5.15%             | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                      | Macquarie Airfinance Holdings Ltd                                               | CUSIP: 55609NAC2<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     65000 | PA      | $67857.01     | 0.02%             | 2029-03-26      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                          | Aramark Services Inc 2024 Term Loan B8                                          | CUSIP: 03852JAV3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    919012 | PA      | $920161.27    | 0.21%             | 2030-06-22      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                     | College Ave Student Loans 2024-B LLC                                            | CUSIP: 19423UAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $312040.35    | 0.07%             | 2054-08-25      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                        | FMG Resources August 2006 Pty Ltd                                               | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    430000 | PA      | $401792.59    | 0.09%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CYBERARK SOFTWARE LTD                         | CyberArk Software Ltd                                                           | CUSIP: 23248VAC9<br>LEI: 529900YEXNDM894PWS93 | Long             | DBT              | CORP              | IL        |    200000 | PA      | $205500.00    | 0.05%             | 2030-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Island Finance Trust 2025-1                   | Island Finance Trust 2025-1                                                     | CUSIP: 463920AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101882.50    | 0.02%             | 2035-03-19      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                           | Global Payments Inc                                                             | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    198000 | PA      | $176814.00    | 0.04%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                  | Ecopetrol SA                                                                    | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    435000 | PA      | $419716.93    | 0.10%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust         | Westlake Automobile Receivables Trust 2023-4                                    | CUSIP: 96041AAN6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    640000 | PA      | $666354.43    | 0.15%             | 2029-07-16      | Fixed         | 7.19%                 | No            |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                       | Turkiye Government Bond                                                         | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |  72615000 | PA      | $1804547.75   | 0.41%             | 2026-02-18      | Fixed         | 37.00%                | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                | PulteGroup Inc                                                                  | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1083573.92   | 0.25%             | 2033-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC             | Sierra Timeshare 2023-2 Receivables Funding LLC                                 | CUSIP: 82650BAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     40752 | PA      | $42151.22     | 0.01%             | 2040-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust         | Mission Lane Credit Card Master Trust                                           | CUSIP: 60510MAT5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $380358.42    | 0.09%             | 2028-11-15      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR4                                                  | CUSIP: 74333EAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98090.60     | 0.02%             | 2038-05-17      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| PENN MUTUAL LIFE INS CO                       | Penn Mutual Life Insurance Co/The                                               | CUSIP: 707567AA1<br>LEI: BIYXEJSLUQ3IWFUXX074 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1235032.37   | 0.28%             | 2034-06-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2024-N1                                          | CUSIP: 14687QAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102485.91    | 0.02%             | 2030-05-10      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2023-2                                        | CUSIP: 379928AJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    255000 | PA      | $261783.00    | 0.06%             | 2029-03-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                      | Kaisa Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |   1810000 | PA      | $75440.80     | 0.02%             | 2025-04-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                | SUNNOVA HELIOS II ISSUER LLC 2019-A                                             | CUSIP: 86745LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75751 | PA      | $69349.04     | 0.02%             | 2046-06-20      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RJQ8<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $174989.68    | 0.04%             | 2029-04-20      | Fixed         | 7.59%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                           | Frontier Issuer LLC                                                             | CUSIP: 35910EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $473226.30    | 0.11%             | 2053-08-20      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                 | Corevest American Finance 2021-1 Trust                                          | CUSIP: 21873LAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    210000 | PA      | $189912.85    | 0.04%             | 2053-04-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                      | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                             | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1278099.30   | 0.29%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CIFI HOLDINGS GROUP                           | CIFI Holdings Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300WGKSV867C0JF48 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $19926.00     | 0.00%             | 2025-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                            | Seagate HDD Cayman                                                              | CUSIP: 81180WBL4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     61000 | PA      | $109708.50    | 0.02%             | 2028-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Transferee         | VOLT XCVI LLC                                                                   | CUSIP: 92873FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     22013 | PA      | $22006.47     | 0.00%             | 2051-03-27      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                            | PURCHASED USD / SOLD EUR                                                        | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-38041.60    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Jol Air                                       | JOL Air Ltd                                                                     | CUSIP: 46651NAA2<br>LEI: 549300TS4MUGCDXPW498 | Long             | ABS-O            | CORP              | KY        |    531012 | PA      | $525713.27    | 0.12%             | 2044-04-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                         | Micron Technology Inc                                                           | CUSIP: 595112CB7<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1440000 | PA      | $1504378.09   | 0.34%             | 2033-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Company Inc         | Hilton Domestic Operating Company Inc 2023 Term Loan B4                         | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |    716063 | PA      | $718189.22    | 0.16%             | 2030-11-08      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM 2021-4 LLC                                                                 | CUSIP: 693583AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    123651 | PA      | $123767.39    | 0.03%             | 2026-04-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds          | Chile Government International Bonds                                            | CUSIP: 168863DU9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |   1295000 | PA      | $784575.75    | 0.18%             | 2071-09-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization Trust            | Willis Engine Structured Trust VI                                               | CUSIP: 97064GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1020320 | PA      | $948447.84    | 0.21%             | 2046-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                     | Boeing Co/The                                                                   | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2395000 | PA      | $2296806.89   | 0.52%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR7 Trust                                            | CUSIP: 74333PAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $313218.34    | 0.07%             | 2040-08-17      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                              | CSC Holdings LLC                                                                | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $953843.29    | 0.22%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS                              | Antares Holdings LP                                                             | CUSIP: 03666HAF8<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    805000 | PA      | $850323.30    | 0.19%             | 2028-08-11      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                      | Venture Global Calcasieu Pass LLC                                               | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    365000 | PA      | $376451.88    | 0.09%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                 | ZF North America Capital Inc                                                    | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    285000 | PA      | $285627.00    | 0.06%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp                                                            | CUSIP: 87612GAM3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   2055000 | PA      | $2065396.80   | 0.47%             | 2035-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR5 Trust                                            | CUSIP: 74333FAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295000 | PA      | $285656.35    | 0.06%             | 2038-07-17      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                          | Wingstop Funding LLC                                                            | CUSIP: 974153AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $312647.27    | 0.07%             | 2054-12-05      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| JBS USA SARL/FOOD/GRP                         | JBS USA LUX Sarl / JBS USA Food Co / JBS USA Foods Group                        | CUSIP: 472140AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $621588.00    | 0.14%             | 2035-04-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                         | Civitas Resources Inc                                                           | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255977.75    | 0.06%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2021-1                                        | CUSIP: 36261AAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     72734 | PA      | $72643.07     | 0.02%             | 2027-01-15      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                       | NYMT Loan Trust Series 2025-R1                                                  | CUSIP: 67120XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    144381 | PA      | $144377.86    | 0.03%             | 2030-02-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                                | CarVal CLO I Ltd                                                                | CUSIP: 146865AG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    305000 | PA      | $305139.08    | 0.07%             | 2031-07-16      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                       | CarMax Auto Owner Trust 2024-1                                                  | CUSIP: 14318WAH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102344.90    | 0.02%             | 2030-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WAVE 2017-1 LLC                               | WAVE 2017-1 Trust                                                               | CUSIP: 94353WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    707683 | PA      | $686467.53    | 0.16%             | 2042-11-15      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                | Var Energi ASA                                                                  | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    705000 | PA      | $798996.46    | 0.18%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer LP                                                              | CUSIP: 29273VBA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1264439.45   | 0.29%             | 2034-09-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Industries Ltd            | Teva Pharmaceutical Industries Ltd                                              | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |     25812 | NS      | $432609.12    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC                           | Elevance Health Inc                                                             | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    465000 | PA      | $469866.80    | 0.11%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                    | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $120697.18    | 0.03%             | 2069-12-16      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust           | Exeter Automobile Receivables Trust 2024-5                                      | CUSIP: 30165BAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $298883.40    | 0.07%             | 2031-02-18      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                           | NCL Corp Ltd                                                                    | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    305000 | PA      | $311596.69    | 0.07%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust | Bridgecrest Lending Auto Securitization Trust 2023-1                            | CUSIP: 108056AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    985000 | PA      | $1037214.75   | 0.23%             | 2029-08-15      | Fixed         | 7.84%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                          | Birch Grove Clo 9 Ltd                                                           | CUSIP: 09077WAA6<br>LEI: 254900VS6E4BD1HWHW18 | Long             | ABS-CBDO         | CORP              | KY        |    610000 | PA      | $610987.59    | 0.14%             | 2037-10-22      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                       | NYMT Loan Trust Series 2024-BPL2                                                | CUSIP: 67120TAA8<br>LEI: 254900HCG7N4R7AWFZ60 | Long             | ABS-MBS          | CORP              | US        |    665000 | PA      | $672126.07    | 0.15%             | 2039-05-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                        | Rockford Tower CLO 2018-1 Ltd                                                   | CUSIP: 77342JAA1<br>LEI: 549300KPFGDIQ0PMP224 | Long             | ABS-CBDO         | CORP              | KY        |    343831 | PA      | $344056.95    | 0.08%             | 2031-05-20      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp                                                            | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145001.32    | 0.03%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer LP                                                              | CUSIP: 292480AJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $896220.00    | 0.20%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                           | CDW LLC / CDW Finance Corp                                                      | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1348420.43   | 0.31%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 5YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      2672 | NC      | $2892333.22   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SINO OCEAN LAND TREAS                         | SINO OCEAN LAND TREAS                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    400000 | PA      | $32005.60     | 0.01%             | 2030-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                      | Discovery Communications LLC                                                    | CUSIP: 25470DAD1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    220000 | PA      | $152820.80    | 0.03%             | 2040-06-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                       | CarMax Auto Owner Trust 2023-4                                                  | CUSIP: 14318XAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $209108.28    | 0.05%             | 2030-04-15      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                         | HPEFS Equipment Trust 2023-2                                                    | CUSIP: 44328UAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $116726.96    | 0.03%             | 2031-07-21      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                       | Central China Real Estate Ltd                                                   | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    205000 | PA      | $8712.50      | 0.00%             | 2024-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| tvc mortgage trust                            | TVC Mortgage Trust 2024-RRTL1                                                   | CUSIP: 87306WAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    765000 | PA      | $764203.25    | 0.17%             | 2039-07-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                           | Meritage Homes Corp                                                             | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1524316.80   | 0.35%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                      | Uruguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |  27220000 | PA      | $678183.33    | 0.15%             | 2028-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Republic Finance Issuance Trust               | Republic Finance Issuance Trust 2024-B                                          | CUSIP: 76042GAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $345219.71    | 0.08%             | 2037-11-20      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $284024.24    | 0.06%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                       | Southern Co Gas Capital Corp                                                    | CUSIP: 8426EPAG3<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    245000 | PA      | $256907.26    | 0.06%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cemex SAB de CV                               | Cemex SAB de CV                                                                 | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |    155502 | NS      | $1077628.86   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                       | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $204244.20    | 0.05%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEA LTD                                       | Sea Ltd                                                                         | CUSIP: 81141RAF7<br>LEI: 529900OM6JLLW44YKI15 | Long             | DBT              | CORP              | KY        |    119000 | PA      | $211377.82    | 0.05%             | 2025-12-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                        | Venture Global LNG Inc                                                          | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    160000 | PA      | $166181.71    | 0.04%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC                | Sunnova Helios V Issuer LLC                                                     | CUSIP: 86746EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    318817 | PA      | $167176.28    | 0.04%             | 2048-02-20      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                      | Western Midstream Operating LP                                                  | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    230000 | PA      | $193436.38    | 0.04%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPOTIFY USA INC                               | Spotify USA Inc                                                                 | CUSIP: 84921RAB6<br>LEI: 2138008WM218QBKRII94 | Long             | DBT              | CORP              | US        |     51000 | PA      | $77259.90     | 0.02%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                 | TransDigm Inc 2024 Term Loan I                                                  | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    161566 | PA      | $162084.34    | 0.04%             | 2028-08-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2023-4                                               | CUSIP: 50571AAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $78698.78     | 0.02%             | 2031-04-15      | Fixed         | 7.37%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                       | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    695000 | PA      | $699003.90    | 0.16%             | 2029-05-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Oman Government International Bonds           | Oman Government International Bonds                                             | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1415000 | PA      | $1481397.46   | 0.34%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY GROUP LLC                      | Ryan Specialty Group LLC 2024 USD Term Loan B                                   | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |    156215 | PA      | $155954.12    | 0.04%             | 2031-09-15      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding XXXI Ltd                                                   | CUSIP: 55819DBG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $502500.00    | 0.11%             | 2037-07-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                           | Frontier Issuer LLC                                                             | CUSIP: 35910EAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    675000 | PA      | $757695.33    | 0.17%             | 2054-06-20      | Fixed         | 11.16%                | No            |                  2 | On Loan: No      |
| Altice USA Inc                                | Altice USA Inc                                                                  | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |    138910 | NS      | $297267.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CSC Holdings LLC                              | CSC Holdings LLC 2022 Term Loan B6                                              | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    224094 | PA      | $220735.25    | 0.05%             | 2028-01-18      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Trust               | CoreVest American Finance 2021-3 Trust                                          | CUSIP: 21873NAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $134272.94    | 0.03%             | 2054-10-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes 2022-SFR2 Trust                                                  | CUSIP: 33767PAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $293871.63    | 0.07%             | 2039-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RCO Mortgage LLC                              | RCO X Mortgage LLC 2025-1                                                       | CUSIP: 75523XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    907481 | PA      | $907680.20    | 0.21%             | 2030-01-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                               | SEB Funding LLC                                                                 | CUSIP: 78433DAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $444841.05    | 0.10%             | 2054-04-30      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                 | Carnival Corp                                                                   | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1080000 | PA      | $1098273.60   | 0.25%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC 2021-RPL4 Trust                                                            | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    994058 | PA      | $990051.40    | 0.22%             | 2060-12-27      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| CKE Restaurants Holdings Inc                  | Hardee's Funding LLC                                                            | CUSIP: 411707AM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    158000 | PA      | $162995.12    | 0.04%             | 2054-03-20      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 10YR ULTRA FUT SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -825 | NC      | $-1887865.94  | -0.43%            |  |  |  | No            |                  1 | On Loan: No      |
| NUTANIX INC                                   | Nutanix Inc                                                                     | CUSIP: 67059NAH1<br>LEI: 549300X7J6E8TKVIXW09 | Long             | DBT              | CORP              | US        |    111000 | PA      | $156177.00    | 0.04%             | 2027-10-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GoodLeap Home Improvement Solutions Trust     | GoodLeap Home Improvement Solutions Trust 2024-1                                | CUSIP: 381935AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    156911 | PA      | $158677.09    | 0.04%             | 2046-10-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Light and Wonder International, Inc.          | Light and Wonder International Inc 2024 Term Loan B2                            | CUSIP: 80875AAW1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |     49501 | PA      | $49476.18     | 0.01%             | 2029-04-14      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                 | ZF North America Capital Inc                                                    | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    335000 | PA      | $321705.11    | 0.07%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Trust 2014-GC22                                          | CUSIP: 36253BAZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $173628.40    | 0.04%             | 2047-06-10      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                          | Teva Pharmaceutical Finance Netherlands II BV                                   | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    520000 | PA      | $728967.57    | 0.17%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                   | Legacy Mortgage Asset Trust 2021-GS2                                            | CUSIP: 52476DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438838 | PA      | $438736.49    | 0.10%             | 2061-04-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                    | Leidos Inc                                                                      | CUSIP: 52532XAJ4<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1125147.06   | 0.25%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                    | Progress Residential 2021-SFR4                                                  | CUSIP: 74333EAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $122651.18    | 0.03%             | 2038-05-17      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| CITADEL LP                                    | Citadel LP                                                                      | CUSIP: 17288XAC8<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |    175000 | PA      | $182739.26    | 0.04%             | 2032-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer III, LLC           | Compass Datacenters Issuer III LLC                                              | CUSIP: 20469BAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $160586.08    | 0.04%             | 2050-02-25      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                         | Uber Technologies Inc                                                           | CUSIP: 90353TAM2<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    120000 | PA      | $171180.00    | 0.04%             | 2028-12-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD                          | Times China Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $6500.00      | 0.00%             | 2027-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 B PTT                       | American Airlines 2016-3 Class B Pass Through Trust                             | CUSIP: 023771S41<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205645 | PA      | $203198.26    | 0.05%             | 2025-10-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                      | Republic of South Africa Government Bond                                        | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  47480000 | PA      | $2318926.63   | 0.52%             | 2040-01-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                           | Go Daddy Operating Co LLC / GD Finance Co Inc                                   | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1010000 | PA      | $954394.45    | 0.22%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                            | Aqua Finance Trust 2021-A                                                       | CUSIP: 03842VAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $147056.00    | 0.03%             | 2046-07-17      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RHP2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $132047.71    | 0.03%             | 2030-02-20      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2024-1                                        | CUSIP: 36269HAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $204088.04    | 0.05%             | 2029-12-17      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                           | Resideo Funding Inc 2024 1st Lien Term Loan B                                   | CUSIP: 76090LAL8<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |    224829 | PA      | $224548.37    | 0.05%             | 2028-02-11      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| DC Commercial Mortgage Trust                  | DC Commercial Mortgage Trust 2023-DC                                            | CUSIP: 24023AAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    545000 | PA      | $563668.98    | 0.13%             | 2040-09-12      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2024-2                                        | CUSIP: 37964VAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215000 | PA      | $220392.01    | 0.05%             | 2030-02-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** LOOMIS SAYLES FUNDS I

**Signature:** John Sgroi

**Name of Signer:** John Sgroi

**Title:** Assistant Treasurer