# EDGAR Filing Document

**Accession Number:** 0000764624
**File Stem:** 0000940400-26-026041
**Filing Date:** 2026-6
**Character Count:** 521222
**Document Hash:** 6e8e7f54221683a8687e2ad5bcfcf803
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-026041.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000940400-26-026041

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INCOME TRUST
- **CENTRAL INDEX KEY:** 0000764624

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04254
- **FILM NUMBER:** 261127333

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEGG MASON PARTNERS INCOME FUNDS
- **DATE OF NAME CHANGE:** 20060407

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY INCOME FUNDS
- **DATE OF NAME CHANGE:** 19941228

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY SHEARSON INCOME FUNDS
- **DATE OF NAME CHANGE:** 19931015

## Series and Classes Contracts Data

### Western Asset Income Fund (Series ID: S000008972)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000024372 | Class A      | SDSAX           |
| C000024374 | Class C      | LWSIX           |
| C000024375 | Class I      | SDSYX           |
| C000081533 | Class C1     | SDSIX           |
| C000118995 | Class IS     | WAGIX           |

## Nport-Ex

Schedule of Investments (unaudited)

April 30, 2026

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

 **Western Asset Income Fund**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity <br>Date<br>| &nbsp;&nbsp; Face <br>Amount†<br>| Value |
| **Corporate Bonds & Notes — 44.7%** | **Corporate Bonds & Notes — 44.7%** | **Corporate Bonds & Notes — 44.7%** | **Corporate Bonds & Notes — 44.7%** | **Corporate Bonds & Notes — 44.7%** |
| **Communication Services — 10.2%** | **Communication Services — 10.2%** | **Communication Services — 10.2%** | **Communication Services — 10.2%** | **Communication Services — 10.2%** |
| *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* |
| &nbsp;&nbsp;&nbsp; Altice Financing SA, Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 1900000<br>| &nbsp;&nbsp;&nbsp; $1400570<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France Lux 3/Altice Holdings 1, Senior Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 348000<br>| &nbsp;&nbsp;&nbsp; 344462<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 1562501<br>| &nbsp;&nbsp;&nbsp; 1537683<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 792683<br>| &nbsp;&nbsp;&nbsp; 780348<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cogent Communications Group LLC/Cogent Finance Inc., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 6/15/27 | &nbsp;&nbsp; 980000<br>| &nbsp;&nbsp;&nbsp; 975974<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Level 3 Financing Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 1/15/36 | &nbsp;&nbsp; 540000<br>| &nbsp;&nbsp;&nbsp; 579018<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Level 3 Financing Inc., Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 6/30/33 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 340820<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Turk Telekomunikasyon AS, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 5/20/29 | &nbsp;&nbsp; 630000<br>| &nbsp;&nbsp;&nbsp; 647291<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WULF Compute LLC, Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; 546837<br> <sup>(a)</sup><br>|
| *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | &nbsp;&nbsp; *7153003* |
| *Entertainment — 0.8%* | *Entertainment — 0.8%* | *Entertainment — 0.8%* | *Entertainment — 0.8%* | *Entertainment — 0.8%* |
| &nbsp;&nbsp;&nbsp; Allen Media LLC/Allen Media Co-Issuer Inc., Senior Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 1860000<br>| &nbsp;&nbsp;&nbsp; 734700<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Discovery Global Holdings Inc., Senior Notes | &nbsp;&nbsp; 4.279% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 536000<br>| &nbsp;&nbsp;&nbsp; 486141<br>|
| &nbsp;&nbsp;&nbsp; Discovery Global Holdings Inc., Senior Notes | &nbsp;&nbsp; 5.050% | &nbsp;&nbsp; 3/15/42 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 565664<br>|
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 6/4/31 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 807602<br> <sup>(a)</sup><br>|
| *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *2594107* |
| *Interactive Media & Services — 1.1%* | *Interactive Media & Services — 1.1%* | *Interactive Media & Services — 1.1%* | *Interactive Media & Services — 1.1%* | *Interactive Media & Services — 1.1%* |
| &nbsp;&nbsp;&nbsp; Alphabet Inc., Senior Notes | &nbsp;&nbsp; 5.650% | &nbsp;&nbsp; 2/15/56 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; 559468<br>|
| &nbsp;&nbsp;&nbsp; Alphabet Inc., Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 2/15/66 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 671837<br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 5/15/36 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 868565<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 11/15/45 | &nbsp;&nbsp; 880000<br>| &nbsp;&nbsp;&nbsp; 818323<br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Senior Notes | &nbsp;&nbsp; 6.200% | &nbsp;&nbsp; 5/15/46 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 340986<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Senior Notes | &nbsp;&nbsp; 6.300% | &nbsp;&nbsp; 5/15/56 | &nbsp;&nbsp; 230000<br>| &nbsp;&nbsp;&nbsp; 230817<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Senior Notes | &nbsp;&nbsp; 6.450% | &nbsp;&nbsp; 5/15/66 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 329999<br> <sup>(b)</sup><br>|
| *Total Interactive Media & Services* | *Total Interactive Media & Services* | *Total Interactive Media & Services* | *Total Interactive Media & Services* | &nbsp;&nbsp; *3819995* |
| *Media — 5.5%* | *Media — 5.5%* | *Media — 5.5%* | *Media — 5.5%* | *Media — 5.5%* |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 1350000<br>| &nbsp;&nbsp;&nbsp; 1331806<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 890000<br>| &nbsp;&nbsp;&nbsp; 873338<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 6/1/29 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 501220<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DirecTV Financing LLC, Senior Secured Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 183550<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DirecTV Financing LLC/DirecTV Financing Co-Obligor Inc., Senior Secured <br> Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 312372<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DISH Network Corp., Senior Secured Notes | &nbsp;&nbsp; 11.750% | &nbsp;&nbsp; 11/15/27 | &nbsp;&nbsp; 1430000<br>| &nbsp;&nbsp;&nbsp; 1477183<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Senior Secured Notes | &nbsp;&nbsp; 10.750% | &nbsp;&nbsp; 11/30/29 | &nbsp;&nbsp; 1576050<br>| &nbsp;&nbsp;&nbsp; 1712193<br>|
| &nbsp;&nbsp;&nbsp; Getty Images Inc., Senior Secured Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 11/15/30 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 248450<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Grupo Televisa SAB, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 5/13/45 | &nbsp;&nbsp; 740000<br>| &nbsp;&nbsp;&nbsp; 495080<br>|
| &nbsp;&nbsp;&nbsp; Mcclatchy Media Co. LLC, Senior Secured Notes (11.000% Cash or <br> 12.500% PIK) | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 12/1/31 | &nbsp;&nbsp; 8333815<br>| &nbsp;&nbsp;&nbsp; 9521384<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexstar Media Inc., Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/15/33 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 403336<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 6/15/39 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 327562<br>|
| &nbsp;&nbsp;&nbsp; Versant Media Group Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 1/30/31 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 332401<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Virgin Media Finance PLC, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 371266<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VZ Secured Financing BV, Senior Secured Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 240000<br>| &nbsp;&nbsp;&nbsp; 232814<br> <sup>(a)</sup><br>|
| *Total Media* | *Total Media* | *Total Media* | *Total Media* | &nbsp;&nbsp; *18323955* |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Wireless Telecommunication Services — 0.6%* | *Wireless Telecommunication Services — 0.6%* | *Wireless Telecommunication Services — 0.6%* | *Wireless Telecommunication Services — 0.6%* | *Wireless Telecommunication Services — 0.6%* |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 11.750% | &nbsp;&nbsp; 1/31/29 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; $516033<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 1260000<br>| &nbsp;&nbsp;&nbsp; 785525<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millicom International Cellular SA, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 3/25/29 | &nbsp;&nbsp; 333000<br>| &nbsp;&nbsp;&nbsp; 334802<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millicom International Cellular SA, Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 4/27/31 | &nbsp;&nbsp; 482000<br>| &nbsp;&nbsp;&nbsp; 450266<br> <sup>(a)</sup><br>|
| *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | &nbsp;&nbsp; *2086626* |
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **33977686** |
| **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** |
| *Automobile Components — 0.8%* | *Automobile Components — 0.8%* | *Automobile Components — 0.8%* | *Automobile Components — 0.8%* | *Automobile Components — 0.8%* |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Inc., Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 1010000<br>| &nbsp;&nbsp;&nbsp; 986722<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cyprium Corp/Cyprium Holdings Luxembourg Sarl, Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 330406<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; JB Poindexter & Co. Inc., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 12/15/31 | &nbsp;&nbsp; 415000<br>| &nbsp;&nbsp;&nbsp; 430560<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 4/14/30 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 200652<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 3/24/31 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 430848<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/23/32 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 470011<br> <sup>(a)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *2849199* |
| *Automobiles — 1.0%* | *Automobiles — 1.0%* | *Automobiles — 1.0%* | *Automobiles — 1.0%* | *Automobiles — 1.0%* |
| &nbsp;&nbsp;&nbsp; PM General Purchaser LLC, Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 10/1/28 | &nbsp;&nbsp; 3420000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3189150*<br> <sup>(a)</sup><br>|
| *Broadline Retail — 0.4%* | *Broadline Retail — 0.4%* | *Broadline Retail — 0.4%* | *Broadline Retail — 0.4%* | *Broadline Retail — 0.4%* |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc., Senior Notes | &nbsp;&nbsp; 5.650% | &nbsp;&nbsp; 3/13/46 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 177634<br>|
| &nbsp;&nbsp;&nbsp; Amazon.com Inc., Senior Notes | &nbsp;&nbsp; 5.800% | &nbsp;&nbsp; 3/13/56 | &nbsp;&nbsp; 140000<br>| &nbsp;&nbsp;&nbsp; 137890<br>|
| &nbsp;&nbsp;&nbsp; Amazon.com Inc., Senior Notes | &nbsp;&nbsp; 5.950% | &nbsp;&nbsp; 3/13/66 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 217164<br>|
| &nbsp;&nbsp;&nbsp; MercadoLibre Inc., Senior Notes | &nbsp;&nbsp; 3.125% | &nbsp;&nbsp; 1/14/31 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 369711<br>|
| &nbsp;&nbsp;&nbsp; Prosus NV, Senior Notes | &nbsp;&nbsp; 3.061% | &nbsp;&nbsp; 7/13/31 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 420620<br> <sup>(a)</sup><br>|
| *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | &nbsp;&nbsp; *1323019* |
| *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* | *Diversified Consumer Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; Carriage Services Inc., Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 5/15/29 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *668477*<br> <sup>(a)</sup><br>|
| *Hotels, Restaurants & Leisure — 2.1%* | *Hotels, Restaurants & Leisure — 2.1%* | *Hotels, Restaurants & Leisure — 2.1%* | *Hotels, Restaurants & Leisure — 2.1%* | *Hotels, Restaurants & Leisure — 2.1%* |
| &nbsp;&nbsp;&nbsp; Carnival Corp., Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 5/1/29 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 309232<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Carnival Corp., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 507605<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Full House Resorts Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 1860000<br>| &nbsp;&nbsp;&nbsp; 1767948<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kingpin Intermediate Holdings LLC, Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 10/15/32 | &nbsp;&nbsp; 260000<br>| &nbsp;&nbsp;&nbsp; 218311<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Light & Wonder International Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/1/33 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 436589<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance Ltd., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/24/33 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 435664<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 457721<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/33 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 261503<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rivers Enterprise Borrower LLC, Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 508873<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 360000<br>| &nbsp;&nbsp;&nbsp; 365613<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sands China Ltd., Senior Notes | &nbsp;&nbsp; 2.850% | &nbsp;&nbsp; 3/8/29 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 284906<br>|
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC, Senior Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 254304<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 200640<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 630000<br>| &nbsp;&nbsp;&nbsp; 631913<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wynn Resorts Finance LLC/Wynn Resorts Capital Corp., Senior Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 232961<br> <sup>(a)</sup><br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *6873783* |
| *Household Durables — 0.1%* | *Household Durables — 0.1%* | *Household Durables — 0.1%* | *Household Durables — 0.1%* | *Household Durables — 0.1%* |
| &nbsp;&nbsp;&nbsp; Dream Finders Homes Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 9/15/30 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *510375*<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Specialty Retail — 1.1%* | *Specialty Retail — 1.1%* | *Specialty Retail — 1.1%* | *Specialty Retail — 1.1%* | *Specialty Retail — 1.1%* |
| &nbsp;&nbsp;&nbsp; Gee Automotive Holdings LLC, Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; $569873<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 1/15/29 | &nbsp;&nbsp; 950000<br>| &nbsp;&nbsp;&nbsp; 906641<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Notes | &nbsp;&nbsp; 11.500% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 203222<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Michaels Cos. Inc., Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 1130000<br>| &nbsp;&nbsp;&nbsp; 1091793<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co. Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/1/31 | &nbsp;&nbsp; 420000<br>| &nbsp;&nbsp;&nbsp; 424411<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Upbound Group Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 410000<br>| &nbsp;&nbsp;&nbsp; 405487<br> <sup>(a)</sup><br>|
| *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *3601427* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **19015430** |
| **Consumer Staples — 0.1%** | **Consumer Staples — 0.1%** | **Consumer Staples — 0.1%** | **Consumer Staples — 0.1%** | **Consumer Staples — 0.1%** |
| *Food Products — 0.1%* | *Food Products — 0.1%* | *Food Products — 0.1%* | *Food Products — 0.1%* | *Food Products — 0.1%* |
| &nbsp;&nbsp;&nbsp; TKC Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp;&nbsp; **399459**<br> <sup>(a)</sup><br>|
| **Energy — 9.2%** | **Energy — 9.2%** | **Energy — 9.2%** | **Energy — 9.2%** | **Energy — 9.2%** |
| *Energy Equipment & Services — 0.6%* | *Energy Equipment & Services — 0.6%* | *Energy Equipment & Services — 0.6%* | *Energy Equipment & Services — 0.6%* | *Energy Equipment & Services — 0.6%* |
| &nbsp;&nbsp;&nbsp; Borr IHC Ltd./Borr Finance LLC, Senior Secured Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 11/15/28 | &nbsp;&nbsp; 375610<br>| &nbsp;&nbsp;&nbsp; 392624<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nabors Industries Inc., Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 8/15/31 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 855677<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Noble Finance II LLC, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 457805<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WBI Operating LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 353957<br> <sup>(a)</sup><br>|
| *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | &nbsp;&nbsp; *2060063* |
| *Oil, Gas & Consumable Fuels — 8.6%* | *Oil, Gas & Consumable Fuels — 8.6%* | *Oil, Gas & Consumable Fuels — 8.6%* | *Oil, Gas & Consumable Fuels — 8.6%* | *Oil, Gas & Consumable Fuels — 8.6%* |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero Midstream Finance Corp., Senior <br> Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 370000<br>| &nbsp;&nbsp;&nbsp; 369481<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC/Blue Racer Finance Corp., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 324466<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Chord Energy Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 10/1/30 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 336502<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Chord Energy Corp., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 291503<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Crescent Energy Finance LLC, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 1331210<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Devon Energy Corp., Senior Notes | &nbsp;&nbsp; 5.600% | &nbsp;&nbsp; 7/15/41 | &nbsp;&nbsp; 260000<br>| &nbsp;&nbsp;&nbsp; 253607<br>|
| &nbsp;&nbsp;&nbsp; Ecopetrol SA, Senior Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 1/19/36 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; 591172<br>|
| &nbsp;&nbsp;&nbsp; Energy Transfer LP, Senior Notes | &nbsp;&nbsp; 5.350% | &nbsp;&nbsp; 5/15/45 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 431150<br>|
| &nbsp;&nbsp;&nbsp; EQT Corp., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 6/1/30 | &nbsp;&nbsp; 170000<br>| &nbsp;&nbsp;&nbsp; 184681<br>|
| &nbsp;&nbsp;&nbsp; Galaxy Pipeline Assets Bidco Ltd., Senior Secured Notes | &nbsp;&nbsp; 1.750% | &nbsp;&nbsp; 9/30/27 | &nbsp;&nbsp; 46868<br>| &nbsp;&nbsp;&nbsp; 45724<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Granite Ridge Resources Inc., Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 11/5/29 | &nbsp;&nbsp; 1030000<br>| &nbsp;&nbsp;&nbsp; 1009325<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy Partners LLC, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 120000<br>| &nbsp;&nbsp;&nbsp; 125441<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy Partners LLC, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 1/15/34 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 681949<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Generation Gas Gathering LLC, Senior Secured Notes (3 mo. Term <br> SOFR + 5.750%) | &nbsp;&nbsp; 9.414% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 2866216<br>| &nbsp;&nbsp;&nbsp; 2981016<br> <sup>(a)(e)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp; 549538<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp., Senior Notes | &nbsp;&nbsp; 6.450% | &nbsp;&nbsp; 9/15/36 | &nbsp;&nbsp; 345000<br>| &nbsp;&nbsp;&nbsp; 370968<br>|
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp., Senior Notes | &nbsp;&nbsp; 7.950% | &nbsp;&nbsp; 6/15/39 | &nbsp;&nbsp; 1920000<br>| &nbsp;&nbsp;&nbsp; 2269306<br>|
| &nbsp;&nbsp;&nbsp; Pan American Energy LLC, Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 4/30/32 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 408595<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; PBF Holding Co. LLC/PBF Finance Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 1520000<br>| &nbsp;&nbsp;&nbsp; 1519478<br>|
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC, Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 894929<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 727312<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petrobras Global Finance BV, Senior Notes | &nbsp;&nbsp; 6.850% | &nbsp;&nbsp; 6/5/2115 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 657602<br>|
| &nbsp;&nbsp;&nbsp; Plains All American Pipeline LP, Junior Subordinated Notes (3 mo. Term <br> SOFR + 4.372%) | &nbsp;&nbsp; 8.024% | &nbsp;&nbsp; 5/30/26 | &nbsp;&nbsp; 610000<br>| &nbsp;&nbsp;&nbsp; 611526<br> <sup>(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Puma International Financing SA, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 4/25/29 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp; 545027<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* |
| &nbsp;&nbsp;&nbsp; QazaqGaz NC JSC, Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 9/26/27 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; $479765<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Range Resources Corp., Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 2/15/30 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 422131<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 7/15/38 | &nbsp;&nbsp; 240000<br>| &nbsp;&nbsp;&nbsp; 254365<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC, Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/40 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; 565814<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunoco LP, Junior Subordinated Notes (7.875% to 9/18/30 then 5 year <br> Treasury Constant Maturity Rate + 4.230%) | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 9/18/30 | &nbsp;&nbsp; 875000<br>| &nbsp;&nbsp;&nbsp; 906628<br> <sup>(a)(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunoco LP, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 7/15/34 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 740319<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 12/31/30 | &nbsp;&nbsp; 150000<br>| &nbsp;&nbsp;&nbsp; 150874<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass LLC, Senior Secured Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 8/15/31 | &nbsp;&nbsp; 910000<br>| &nbsp;&nbsp;&nbsp; 852980<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Junior Subordinated Notes (9.000% to 9/30/29 <br> then 5 year Treasury Constant Maturity Rate + 5.440%) | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 1960000<br>| &nbsp;&nbsp;&nbsp; 1939866<br> <sup>(a)(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 160000<br>| &nbsp;&nbsp;&nbsp; 174688<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Senior Secured Notes | &nbsp;&nbsp; 9.875% | &nbsp;&nbsp; 2/1/32 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 343462<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 230000<br>| &nbsp;&nbsp;&nbsp; 237301<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 6/15/34 | &nbsp;&nbsp; 90000<br>| &nbsp;&nbsp;&nbsp; 94217<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 1/15/36 | &nbsp;&nbsp; 1580000<br>| &nbsp;&nbsp;&nbsp; 1680354<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vermilion Energy Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 436389<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Western Midstream Operating LP, Senior Notes | &nbsp;&nbsp; 5.450% | &nbsp;&nbsp; 4/1/44 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 774302<br>|
| &nbsp;&nbsp;&nbsp; Western Midstream Operating LP, Senior Notes | &nbsp;&nbsp; 5.300% | &nbsp;&nbsp; 3/1/48 | &nbsp;&nbsp; 960000<br>| &nbsp;&nbsp;&nbsp; 819591<br>|
| *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | &nbsp;&nbsp; *28384554* |
| **Total Energy** | **Total Energy** | **Total Energy** | **Total Energy** | &nbsp;&nbsp; **30444617** |
| **Financials — 5.3%** | **Financials — 5.3%** | **Financials — 5.3%** | **Financials — 5.3%** | **Financials — 5.3%** |
| *Banks — 2.2%* | *Banks — 2.2%* | *Banks — 2.2%* | *Banks — 2.2%* | *Banks — 2.2%* |
| &nbsp;&nbsp;&nbsp; Banco Mercantil del Norte SA, Junior Subordinated Notes (7.500% to <br> 6/27/29 then 10 year Treasury Constant Maturity Rate + 5.470%) | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 6/27/29 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; 532489<br> <sup>(a)(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; BNP Paribas SA, Junior Subordinated Notes (7.200% to 4/17/36 then 5 <br> year Treasury Constant Maturity Rate + 2.942%) | &nbsp;&nbsp; 7.200% | &nbsp;&nbsp; 4/17/36 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 301914<br> <sup>(a)(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc., Junior Subordinated Notes (6.625% to 2/15/31 then 5 year <br> Treasury Constant Maturity Rate + 3.001%) | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 881177<br> <sup>(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA, Senior Notes | &nbsp;&nbsp; 7.800% | &nbsp;&nbsp; 11/28/53 | &nbsp;&nbsp; 1330000<br>| &nbsp;&nbsp;&nbsp; 1582335<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., Junior Subordinated Notes (6.100% to 7/1/31 then <br> 5 year Treasury Constant Maturity Rate + 2.080%) | &nbsp;&nbsp; 6.100% | &nbsp;&nbsp; 7/1/31 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp; 530000<br> <sup>(b)(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC, Junior Subordinated Notes (8.000% to 3/27/30 <br> then 5 year Treasury Constant Maturity Rate + 3.913%) | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 9/27/29 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 427994<br> <sup>(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC, Junior Subordinated Notes (8.500% to 9/27/28 <br> then U.K. Government Bonds 5 year Note Generic Bid Yield + 5.143%) | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 3/27/28 | &nbsp;&nbsp; 930000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 1324707<br> <sup>(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; NatWest Group PLC, Junior Subordinated Notes (4.500% to 9/30/28 then <br> U.K. Government Bonds 5 Year Note Generic Bid Yield + 3.992%) | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 3/31/28 | &nbsp;&nbsp; 1150000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 1516480<br> <sup>(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co., Junior Subordinated Notes (6.125% to 6/15/31 then 5 <br> year Treasury Constant Maturity Rate + 2.340%) | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 6/15/31 | &nbsp;&nbsp; 360000<br>| &nbsp;&nbsp;&nbsp; 361363<br> <sup>(g)(h)</sup><br>|
| *Total Banks* | *Total Banks* | *Total Banks* | *Total Banks* | &nbsp;&nbsp; *7458459* |
| *Capital Markets — 0.9%* | *Capital Markets — 0.9%* | *Capital Markets — 0.9%* | *Capital Markets — 0.9%* | *Capital Markets — 0.9%* |
| &nbsp;&nbsp;&nbsp; B3 SA - Brasil Bolsa Balcao, Senior Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 9/20/31 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 448188<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Credit Suisse AG AT1 Claim | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 5380000<br>| &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(e)(f)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; StoneX Escrow Issuer LLC, Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 351749<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (7.125% to 2/10/35 then USD 5 <br> year SOFR ICE Swap Rate + 3.179%) | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 8/10/34 | &nbsp;&nbsp; 780000<br>| &nbsp;&nbsp;&nbsp; 798676<br> <sup>(a)(g)(h)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* |
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (7.750% to 4/12/31 then USD 5 <br> year SOFR ICE Swap Rate + 4.160%) | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 4/12/31 | &nbsp;&nbsp; 1040000<br>| &nbsp;&nbsp;&nbsp; $1112468<br> <sup>(a)(g)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (9.250% to 11/13/28 then 5 <br> year Treasury Constant Maturity Rate + 4.745%) | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 11/13/28 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 411449<br> <sup>(a)(g)(h)</sup><br>|
| *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *3122530* |
| *Consumer Finance — 0.7%* | *Consumer Finance — 0.7%* | *Consumer Finance — 0.7%* | *Consumer Finance — 0.7%* | *Consumer Finance — 0.7%* |
| &nbsp;&nbsp;&nbsp; FirstCash Inc., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 9/1/28 | &nbsp;&nbsp; 1020000<br>| &nbsp;&nbsp;&nbsp; 1003438<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; FirstCash Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 1/1/30 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 348530<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Midcap Financial Issuer Trust, Junior Subordinated Notes (3 mo. Term SOFR <br> + 3.750%) | &nbsp;&nbsp; 7.423% | &nbsp;&nbsp; 1/15/56 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 832810<br> <sup>(a)(g)</sup><br>|
| *Total Consumer Finance* | *Total Consumer Finance* | *Total Consumer Finance* | *Total Consumer Finance* | &nbsp;&nbsp; *2184778* |
| *Financial Services — 1.0%* | *Financial Services — 1.0%* | *Financial Services — 1.0%* | *Financial Services — 1.0%* | *Financial Services — 1.0%* |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Senior Notes <br> (6.950% to 3/10/30 then 5 year Treasury Constant Maturity Rate + 2.720%) | &nbsp;&nbsp; 6.950% | &nbsp;&nbsp; 3/10/55 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 517978<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Block Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 499437<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 11/1/32 | &nbsp;&nbsp; 160000<br>| &nbsp;&nbsp;&nbsp; 160932<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 5/1/33 | &nbsp;&nbsp; 360000<br>| &nbsp;&nbsp;&nbsp; 370026<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; LD Holdings Group LLC, Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 11/1/27 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 197001<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; LD Holdings Group LLC, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 4/1/28 | &nbsp;&nbsp; 580000<br>| &nbsp;&nbsp;&nbsp; 501376<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rocket Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 495000<br>| &nbsp;&nbsp;&nbsp; 504870<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rocket Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 335066<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VFH Parent LLC/Valor Co-Issuer Inc., Senior Secured Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 6/15/31 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 283698<br> <sup>(a)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *3370384* |
| *Insurance — 0.3%* | *Insurance — 0.3%* | *Insurance — 0.3%* | *Insurance — 0.3%* | *Insurance — 0.3%* |
| &nbsp;&nbsp;&nbsp; APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 <br> Somerset Investor 2 LLC, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 11/1/29 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 261600<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Asurion LLC/Asurion Co-Issuer Inc., Senior Secured Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 12/31/32 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; 585312<br> <sup>(a)</sup><br>|
| *Total Insurance* | *Total Insurance* | *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *846912* |
| *Mortgage Real Estate Investment Trusts (REITs) — 0.2%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.2%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.2%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.2%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.2%* |
| &nbsp;&nbsp;&nbsp; Arbor Realty SR Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 12/15/28 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 307270<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Arbor Realty SR Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 370000<br>| &nbsp;&nbsp;&nbsp; 349718<br> <sup>(a)</sup><br>|
| *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | &nbsp;&nbsp; *656988* |
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **17640051** |
| **Health Care — 3.0%** | **Health Care — 3.0%** | **Health Care — 3.0%** | **Health Care — 3.0%** | **Health Care — 3.0%** |
| *Health Care Providers & Services — 1.7%* | *Health Care Providers & Services — 1.7%* | *Health Care Providers & Services — 1.7%* | *Health Care Providers & Services — 1.7%* | *Health Care Providers & Services — 1.7%* |
| &nbsp;&nbsp;&nbsp; Akumin Inc., Senior Secured Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 8/31/31 | &nbsp;&nbsp; 1080000<br>| &nbsp;&nbsp;&nbsp; 1028700<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 1710000<br>| &nbsp;&nbsp;&nbsp; 1683379<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 4/1/30 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 283949<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 5/15/30 | &nbsp;&nbsp; 230000<br>| &nbsp;&nbsp;&nbsp; 217294<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 1/15/34 | &nbsp;&nbsp; 510000<br>| &nbsp;&nbsp;&nbsp; 526656<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; LifePoint Health Inc., Senior Secured Notes | &nbsp;&nbsp; 9.875% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 732398<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TEAM Services Holding Inc., Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp; 530562<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; U.S. Renal Care Inc., Senior Secured Notes | &nbsp;&nbsp; 10.625% | &nbsp;&nbsp; 6/28/28 | &nbsp;&nbsp; 602000<br>| &nbsp;&nbsp;&nbsp; 502670<br> <sup>(a)</sup><br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *5505608* |
| *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* |
| &nbsp;&nbsp;&nbsp; Claritev Corp., Senior Secured Notes (6.000% Cash and 0.750% PIK) | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/31/31 | &nbsp;&nbsp; 890527<br>| &nbsp;&nbsp;&nbsp; 601106<br> <sup>(a)(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Health Care Technology — continued* | *Health Care Technology — continued* | *Health Care Technology — continued* | *Health Care Technology — continued* | *Health Care Technology — continued* |
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC, Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 12/31/30 | &nbsp;&nbsp; 98392<br>| &nbsp;&nbsp;&nbsp; $81656<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC, Senior Secured Notes (6.500% Cash and <br> 5.000% PIK) | &nbsp;&nbsp; 11.500% | &nbsp;&nbsp; 12/31/30 | &nbsp;&nbsp; 165705<br>| &nbsp;&nbsp;&nbsp; 155475<br> <sup>(a)(c)</sup><br>|
| *Total Health Care Technology* | *Total Health Care Technology* | *Total Health Care Technology* | *Total Health Care Technology* | &nbsp;&nbsp; *838237* |
| *Pharmaceuticals — 1.1%* | *Pharmaceuticals — 1.1%* | *Pharmaceuticals — 1.1%* | *Pharmaceuticals — 1.1%* | *Pharmaceuticals — 1.1%* |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd., Senior Secured Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 826754<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Americas Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 1/31/27 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 179719<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Cos. Inc., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 1/15/28 | &nbsp;&nbsp; 360000<br>| &nbsp;&nbsp;&nbsp; 317076<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 100000<br>| &nbsp;&nbsp;&nbsp; 73688<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Cos. Inc., Senior Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 9/30/28 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp; 551595<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 4.100% | &nbsp;&nbsp; 10/1/46 | &nbsp;&nbsp; 2080000<br>| &nbsp;&nbsp;&nbsp; 1604214<br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *3553046* |
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **9896891** |
| **Industrials — 3.6%** | **Industrials — 3.6%** | **Industrials — 3.6%** | **Industrials — 3.6%** | **Industrials — 3.6%** |
| *Aerospace & Defense — 0.5%* | *Aerospace & Defense — 0.5%* | *Aerospace & Defense — 0.5%* | *Aerospace & Defense — 0.5%* | *Aerospace & Defense — 0.5%* |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/29 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 216485<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 3/15/30 | &nbsp;&nbsp; 90000<br>| &nbsp;&nbsp;&nbsp; 92251<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp; 195087<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bombardier Inc., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 6/1/32 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 491194<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 1/15/29 | &nbsp;&nbsp; 170000<br>| &nbsp;&nbsp;&nbsp; 167884<br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 7/31/34 | &nbsp;&nbsp; 410000<br>| &nbsp;&nbsp;&nbsp; 410964<br> <sup>(a)</sup><br>|
| *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | &nbsp;&nbsp; *1573865* |
| *Building Products — 0.2%* | *Building Products — 0.2%* | *Building Products — 0.2%* | *Building Products — 0.2%* | *Building Products — 0.2%* |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems Inc., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 3/1/34 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 375579<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Quikrete Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 3/1/32 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 294758<br> <sup>(a)</sup><br>|
| *Total Building Products* | *Total Building Products* | *Total Building Products* | *Total Building Products* | &nbsp;&nbsp; *670337* |
| *Commercial Services & Supplies — 1.2%* | *Commercial Services & Supplies — 1.2%* | *Commercial Services & Supplies — 1.2%* | *Commercial Services & Supplies — 1.2%* | *Commercial Services & Supplies — 1.2%* |
| &nbsp;&nbsp;&nbsp; CoreCivic Inc., Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 10/15/27 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 806190<br>|
| &nbsp;&nbsp;&nbsp; GEO Group Inc., Senior Notes | &nbsp;&nbsp; 10.250% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 760000<br>| &nbsp;&nbsp;&nbsp; 816068<br>|
| &nbsp;&nbsp;&nbsp; GFL Environmental Holdings US Inc., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 2/1/34 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 265931<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; GFL Environmental Inc., Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 6/15/29 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 326330<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Neptune Bidco US Inc., Senior Secured Notes | &nbsp;&nbsp; 10.375% | &nbsp;&nbsp; 5/15/31 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 361449<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Neptune Bidco US Inc., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 501022<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RR Donnelley & Sons Co., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 760000<br>| &nbsp;&nbsp;&nbsp; 785087<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wrangler Holdco Corp., Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 227130<br> <sup>(a)</sup><br>|
| *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | &nbsp;&nbsp; *4089207* |
| *Construction & Engineering — 0.1%* | *Construction & Engineering — 0.1%* | *Construction & Engineering — 0.1%* | *Construction & Engineering — 0.1%* | *Construction & Engineering — 0.1%* |
| &nbsp;&nbsp;&nbsp; CalAtlantic Group LLC, Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 6/1/26 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; *249704*<br>|
| *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* |
| &nbsp;&nbsp;&nbsp; Babcock & Wilcox Enterprises Inc., Secured Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 6/30/30 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 869875<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WESCO Distribution Inc., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 319977<br> <sup>(a)</sup><br>|
| *Total Electrical Equipment* | *Total Electrical Equipment* | *Total Electrical Equipment* | *Total Electrical Equipment* | &nbsp;&nbsp; *1189852* |
| *Ground Transportation — 0.3%* | *Ground Transportation — 0.3%* | *Ground Transportation — 0.3%* | *Ground Transportation — 0.3%* | *Ground Transportation — 0.3%* |
| &nbsp;&nbsp;&nbsp; Carriage Purchaser Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 10/15/29 | &nbsp;&nbsp; 1171000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1138681*<br> <sup>(a)</sup><br>|
| *Machinery — 0.3%* | *Machinery — 0.3%* | *Machinery — 0.3%* | *Machinery — 0.3%* | *Machinery — 0.3%* |
| &nbsp;&nbsp;&nbsp; Park-Ohio Industries Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 840000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *874979*<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Passenger Airlines — 0.4%* | *Passenger Airlines — 0.4%* | *Passenger Airlines — 0.4%* | *Passenger Airlines — 0.4%* | *Passenger Airlines — 0.4%* |
| &nbsp;&nbsp;&nbsp; American Airlines Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; $202792<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; American Airlines Inc./AAdvantage Loyalty IP Ltd., Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 4/20/29 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 400564<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Latam Airlines Group SA, Senior Secured Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 490200<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 325665<br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *1419221* |
| *Trading Companies & Distributors — 0.1%* | *Trading Companies & Distributors — 0.1%* | *Trading Companies & Distributors — 0.1%* | *Trading Companies & Distributors — 0.1%* | *Trading Companies & Distributors — 0.1%* |
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 6/15/33 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *324827*<br> <sup>(a)</sup><br>|
| *Transportation Infrastructure — 0.1%* | *Transportation Infrastructure — 0.1%* | *Transportation Infrastructure — 0.1%* | *Transportation Infrastructure — 0.1%* | *Transportation Infrastructure — 0.1%* |
| &nbsp;&nbsp;&nbsp; Railworks Holdings LP/Railworks Rally Inc., Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 11/15/28 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *402135*<br> <sup>(a)</sup><br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **11932808** |
| **Information Technology — 2.7%** | **Information Technology — 2.7%** | **Information Technology — 2.7%** | **Information Technology — 2.7%** | **Information Technology — 2.7%** |
| *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *348459*<br> <sup>(a)</sup><br>|
| *Electronic Equipment, Instruments & Components — 0.4%* | *Electronic Equipment, Instruments & Components — 0.4%* | *Electronic Equipment, Instruments & Components — 0.4%* | *Electronic Equipment, Instruments & Components — 0.4%* | *Electronic Equipment, Instruments & Components — 0.4%* |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com Inc., Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 5/15/28 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 446337<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EquipmentShare.com Inc., Secured Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 5/15/32 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 753889<br> <sup>(a)</sup><br>|
| *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | &nbsp;&nbsp; *1200226* |
| *IT Services — 1.0%* | *IT Services — 1.0%* | *IT Services — 1.0%* | *IT Services — 1.0%* | *IT Services — 1.0%* |
| &nbsp;&nbsp;&nbsp; APLD ComputeCo LLC, Senior Secured Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 871082<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Core Scientific Finance I LLC, Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 5/15/31 | &nbsp;&nbsp; 1020000<br>| &nbsp;&nbsp;&nbsp; 1017990<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; CoreWeave Inc., Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 6/1/30 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 324260<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CoreWeave Inc., Senior Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 10/1/31 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 603942<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; HUT 8 DC LLC, Senior Secured Notes | &nbsp;&nbsp; 6.192% | &nbsp;&nbsp; 11/15/42 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 282495<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC/Shift4 Payments Finance Sub Inc., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 5/15/33 | &nbsp;&nbsp; 190000 <br><sup>EUR</sup><br>| &nbsp;&nbsp;&nbsp; 214454<br> <sup>(a)</sup><br>|
| *Total IT Services* | *Total IT Services* | *Total IT Services* | *Total IT Services* | &nbsp;&nbsp; *3314223* |
| *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* | *Semiconductors & Semiconductor Equipment — 0.2%* |
| &nbsp;&nbsp;&nbsp; Qnity Electronics Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 358532<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Qnity Electronics Inc., Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 8/15/32 | &nbsp;&nbsp; 420000<br>| &nbsp;&nbsp;&nbsp; 424566<br> <sup>(a)</sup><br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *783098* |
| *Software — 0.7%* | *Software — 0.7%* | *Software — 0.7%* | *Software — 0.7%* | *Software — 0.7%* |
| &nbsp;&nbsp;&nbsp; Citrix Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 12/1/27 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 315272<br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 110000<br>| &nbsp;&nbsp;&nbsp; 108099<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 6/30/32 | &nbsp;&nbsp; 80000<br>| &nbsp;&nbsp;&nbsp; 76059<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Senior Secured Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 268955<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/34 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 374347<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Gen Digital Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 4/1/33 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 195017<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp., Senior Notes | &nbsp;&nbsp; 4.950% | &nbsp;&nbsp; 2/4/31 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; 557708<br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp., Senior Notes | &nbsp;&nbsp; 5.350% | &nbsp;&nbsp; 5/4/33 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 204257<br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp., Senior Notes | &nbsp;&nbsp; 5.700% | &nbsp;&nbsp; 2/4/36 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 288256<br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *2387970* |
| *Technology Hardware, Storage & Peripherals — 0.3%* | *Technology Hardware, Storage & Peripherals — 0.3%* | *Technology Hardware, Storage & Peripherals — 0.3%* | *Technology Hardware, Storage & Peripherals — 0.3%* | *Technology Hardware, Storage & Peripherals — 0.3%* |
| &nbsp;&nbsp;&nbsp; Black Pearl Compute LLC, Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp; 396177<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vericast Corp./Harland Clarke/Checks in the Mail/Valassis Comm/Valassis <br> Direct, Secured Notes (13.000% Cash) | &nbsp;&nbsp; 13.000% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 524158<br>| &nbsp;&nbsp;&nbsp; 644713<br> <sup>(a)(c)</sup><br>|
| *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | &nbsp;&nbsp; *1040890* |
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **9074866** |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** | **Materials — 1.7%** |
| *Chemicals — 0.7%* | *Chemicals — 0.7%* | *Chemicals — 0.7%* | *Chemicals — 0.7%* | *Chemicals — 0.7%* |
| &nbsp;&nbsp;&nbsp; ARC Falcon I Inc./Arclin USA LLC/New Arclin US Holding Corp., Senior <br> Secured Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 3/1/33 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; $677076<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 110000<br>| &nbsp;&nbsp;&nbsp; 114530<br>|
| &nbsp;&nbsp;&nbsp; Cerdia Finanz GmbH, Senior Secured Notes | &nbsp;&nbsp; 9.375% | &nbsp;&nbsp; 10/3/31 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 664125<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; OCP SA, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 5/2/34 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 494053<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sasol Financing USA LLC, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 3/18/31 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 254692<br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *2204476* |
| *Metals & Mining — 0.8%* | *Metals & Mining — 0.8%* | *Metals & Mining — 0.8%* | *Metals & Mining — 0.8%* | *Metals & Mining — 0.8%* |
| &nbsp;&nbsp;&nbsp; Capstone Copper Corp., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/31/33 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 274956<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/15/34 | &nbsp;&nbsp; 1470000<br>| &nbsp;&nbsp;&nbsp; 1512433<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/15/36 | &nbsp;&nbsp; 970000<br>| &nbsp;&nbsp;&nbsp; 954182<br> <sup>(a)</sup><br>|
| *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | &nbsp;&nbsp; *2741571* |
| *Paper & Forest Products — 0.2%* | *Paper & Forest Products — 0.2%* | *Paper & Forest Products — 0.2%* | *Paper & Forest Products — 0.2%* | *Paper & Forest Products — 0.2%* |
| &nbsp;&nbsp;&nbsp; Suzano Austria GmbH, Senior Notes | &nbsp;&nbsp; 3.125% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; *498972*<br>|
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **5445019** |
| **Real Estate — 1.8%** | **Real Estate — 1.8%** | **Real Estate — 1.8%** | **Real Estate — 1.8%** | **Real Estate — 1.8%** |
| *Diversified REITs — 0.6%* | *Diversified REITs — 0.6%* | *Diversified REITs — 0.6%* | *Diversified REITs — 0.6%* | *Diversified REITs — 0.6%* |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/15/27 | &nbsp;&nbsp; 505000<br>| &nbsp;&nbsp;&nbsp; 492691<br>|
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 3.692% | &nbsp;&nbsp; 6/5/28 | &nbsp;&nbsp; 150000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 177652<br>|
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 364412<br>|
| &nbsp;&nbsp;&nbsp; Trust 2401, Senior Notes | &nbsp;&nbsp; 4.869% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp; 379031<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019 Inc./CSL Capital LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp; 186818<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019 Inc./CSL Capital LLC, Senior Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 6/15/32 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 345627<br> <sup>(a)</sup><br>|
| *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | &nbsp;&nbsp; *1946231* |
| *Health Care REITs — 0.1%* | *Health Care REITs — 0.1%* | *Health Care REITs — 0.1%* | *Health Care REITs — 0.1%* | *Health Care REITs — 0.1%* |
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust, Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *357561*<br> <sup>(a)</sup><br>|
| *Real Estate Management & Development — 0.2%* | *Real Estate Management & Development — 0.2%* | *Real Estate Management & Development — 0.2%* | *Real Estate Management & Development — 0.2%* | *Real Estate Management & Development — 0.2%* |
| &nbsp;&nbsp;&nbsp; Country Garden Holdings Co. Ltd., Senior Secured Notes (2.500% Cash or <br> 5.000% PIK) | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 12/31/32 | &nbsp;&nbsp; 224746<br>| &nbsp;&nbsp;&nbsp; 30903<br> <sup>(c)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield US Borrower LLC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 5/15/28 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 280183<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Five Point Operating Co. LP, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 10/1/30 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 471993<br> <sup>(a)</sup><br>|
| *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | &nbsp;&nbsp; *783079* |
| *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* |
| &nbsp;&nbsp;&nbsp; Meridian Arc Holdco LLC, Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 4/30/31 | &nbsp;&nbsp; 1030000<br>| &nbsp;&nbsp;&nbsp; 1030244<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 719588<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/32 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 211085<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; SV RNO Property Owner 1 LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 850000<br>| &nbsp;&nbsp;&nbsp; 834529<br> <sup>(a)</sup><br>|
| *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | &nbsp;&nbsp; *2795446* |
| **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **5882317** |
| **Utilities — 1.4%** | **Utilities — 1.4%** | **Utilities — 1.4%** | **Utilities — 1.4%** | **Utilities — 1.4%** |
| *Electric Utilities — 1.3%* | *Electric Utilities — 1.3%* | *Electric Utilities — 1.3%* | *Electric Utilities — 1.3%* | *Electric Utilities — 1.3%* |
| &nbsp;&nbsp;&nbsp; Alpha Generation LLC, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 10/15/32 | &nbsp;&nbsp; 630000<br>| &nbsp;&nbsp;&nbsp; 645606<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NRG Energy Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 11/1/34 | &nbsp;&nbsp; 370000<br>| &nbsp;&nbsp;&nbsp; 374544<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NRG Energy Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 1/15/36 | &nbsp;&nbsp; 1550000<br>| &nbsp;&nbsp;&nbsp; 1540152<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NRG Energy Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 5/15/36 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 179398<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Electric Utilities — continued* | *Electric Utilities — continued* | *Electric Utilities — continued* | *Electric Utilities — continued* | *Electric Utilities — continued* |
| &nbsp;&nbsp;&nbsp; Pampa Energia SA, Senior Notes | &nbsp;&nbsp; 7.950% | &nbsp;&nbsp; 9/10/31 | &nbsp;&nbsp; 370000<br>| &nbsp;&nbsp;&nbsp; $391127<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pampa Energia SA, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 12/16/34 | &nbsp;&nbsp; 130000<br>| &nbsp;&nbsp;&nbsp; 136389<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 5/1/33 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 330590<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; 562415<br> <sup>(a)</sup><br>|
| *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | &nbsp;&nbsp; *4160221* |
| *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* |
| &nbsp;&nbsp;&nbsp; TransAlta Corp., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 3/15/40 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; *350614*<br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **4510835** |
| **Total Corporate Bonds & Notes (Cost — $147,177,959)** | **Total Corporate Bonds & Notes (Cost — $147,177,959)** | **Total Corporate Bonds & Notes (Cost — $147,177,959)** | **Total Corporate Bonds & Notes (Cost — $147,177,959)** | &nbsp;&nbsp; **148219979** |
| **Collateralized Mortgage Obligations**<sup>(j)</sup> **— 19.2%** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— 19.2%** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— 19.2%** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— 19.2%** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— 19.2%** |
| &nbsp;&nbsp;&nbsp; 280 Park Avenue Mortgage Trust, 2017-280P D (1 mo. Term SOFR + 1.836%) | &nbsp;&nbsp; 5.497% | &nbsp;&nbsp; 9/15/34 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1089431<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Alternative Loan Trust, 2006-18CB A6 PAC (-4.000 x 1 mo. Term SOFR + <br> 28.142%) | &nbsp;&nbsp; 13.525% | &nbsp;&nbsp; 7/25/36 | &nbsp;&nbsp; 214095<br>| &nbsp;&nbsp;&nbsp; 200677<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, 2022-3 A3 | &nbsp;&nbsp; 4.123% | &nbsp;&nbsp; 1/25/67 | &nbsp;&nbsp; 911459<br>| &nbsp;&nbsp;&nbsp; 848401<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; ARES Commercial Mortgage Trust, 2024-IND2 A (1 mo. Term SOFR + <br> 1.443%) | &nbsp;&nbsp; 5.098% | &nbsp;&nbsp; 10/15/34 | &nbsp;&nbsp; 965000<br>| &nbsp;&nbsp;&nbsp; 967567<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BANK, 2019-BN22 A4 | &nbsp;&nbsp; 2.978% | &nbsp;&nbsp; 11/15/62 | &nbsp;&nbsp; 660000<br>| &nbsp;&nbsp;&nbsp; 624282<br>|
| &nbsp;&nbsp;&nbsp; BANK, 2024-BNK48 A5 | &nbsp;&nbsp; 5.053% | &nbsp;&nbsp; 10/15/57 | &nbsp;&nbsp; 665000<br>| &nbsp;&nbsp;&nbsp; 668380<br>|
| &nbsp;&nbsp;&nbsp; Bank of America Merrill Lynch Commercial Mortgage Trust, 2017-BNK3 D | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 2/15/50 | &nbsp;&nbsp; 1150000<br>| &nbsp;&nbsp;&nbsp; 1087305<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; BDS LLC, 2026-FL17 A (1 mo. Term SOFR + 1.350%) | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 5/19/43 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 501250<br> <sup>(a)(b)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, 2025-NQM7 A3 | &nbsp;&nbsp; 5.814% | &nbsp;&nbsp; 7/25/65 | &nbsp;&nbsp; 702778<br>| &nbsp;&nbsp;&nbsp; 705385<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, 2019-IMC F (1 mo. Term SOFR + 2.946%) | &nbsp;&nbsp; 6.601% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 1050000<br>| &nbsp;&nbsp;&nbsp; 1039983<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, 2024-KING E (1 mo. Term SOFR + 3.688%) | &nbsp;&nbsp; 7.343% | &nbsp;&nbsp; 5/15/34 | &nbsp;&nbsp; 1056097<br>| &nbsp;&nbsp;&nbsp; 1058625<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, 2025-COPT A (1 mo. Term SOFR + 1.750%) | &nbsp;&nbsp; 5.405% | &nbsp;&nbsp; 8/15/42 | &nbsp;&nbsp; 170000<br>| &nbsp;&nbsp;&nbsp; 170696<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, 2026-CSMO D (1 mo. Term SOFR + 2.450%) | &nbsp;&nbsp; 6.105% | &nbsp;&nbsp; 2/15/43 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 996703<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, 2026-VLT9 E (1 mo. Term SOFR + 4.250%) | &nbsp;&nbsp; 7.905% | &nbsp;&nbsp; 3/15/45 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 681516<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Trust, 2021-SDMF F (1 mo. Term SOFR + 2.051%) | &nbsp;&nbsp; 5.706% | &nbsp;&nbsp; 9/15/34 | &nbsp;&nbsp; 1053253<br>| &nbsp;&nbsp;&nbsp; 1053130<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BX Trust, 2024-CNYN D (1 mo. Term SOFR + 2.690%) | &nbsp;&nbsp; 6.345% | &nbsp;&nbsp; 4/15/41 | &nbsp;&nbsp; 941109<br>| &nbsp;&nbsp;&nbsp; 943833<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; BXMT Ltd., 2026-FL6 A (1 mo. Term SOFR + 1.450%) | &nbsp;&nbsp; 5.111% | &nbsp;&nbsp; 8/19/43 | &nbsp;&nbsp; 620000<br>| &nbsp;&nbsp;&nbsp; 620385<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; CD Mortgage Trust, 2017-CD5 A4 | &nbsp;&nbsp; 3.431% | &nbsp;&nbsp; 8/15/50 | &nbsp;&nbsp; 10000<br>| &nbsp;&nbsp;&nbsp; 9867<br>|
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, 2017-P8 XA, IO | &nbsp;&nbsp; 0.984% | &nbsp;&nbsp; 9/15/50 | &nbsp;&nbsp; 19572112<br>| &nbsp;&nbsp;&nbsp; 170782<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, 2023-SMRT A | &nbsp;&nbsp; 6.015% | &nbsp;&nbsp; 6/12/40 | &nbsp;&nbsp; 950000<br>| &nbsp;&nbsp;&nbsp; 969502<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; CSMC Trust, 2017-CHOP H (PRIME + 4.294%) | &nbsp;&nbsp; 11.044% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1023268<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dwight Issuer LLC, 2025-FL1 A (1 mo. Term SOFR + 1.662%) | &nbsp;&nbsp; 5.323% | &nbsp;&nbsp; 6/18/42 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1103392<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Extended Stay America Trust, 2025-ESH D (1 mo. Term SOFR + 2.600%) | &nbsp;&nbsp; 6.255% | &nbsp;&nbsp; 10/15/42 | &nbsp;&nbsp; 664562<br>| &nbsp;&nbsp;&nbsp; 668841<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Multifamily Structured Credit <br> Risk Trust, 2025-MN12 M2 (30 Day Average SOFR + 2.750%) | &nbsp;&nbsp; 6.395% | &nbsp;&nbsp; 11/25/45 | &nbsp;&nbsp; 850000<br>| &nbsp;&nbsp;&nbsp; 848949<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency <br> Credit Risk Trust, 2021-DNA1 B2 (30 Day Average SOFR + 4.750%) | &nbsp;&nbsp; 8.395% | &nbsp;&nbsp; 1/25/51 | &nbsp;&nbsp; 510000<br>| &nbsp;&nbsp;&nbsp; 568613<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency <br> Credit Risk Trust, 2021-DNA3 B1 (30 Day Average SOFR + 3.500%) | &nbsp;&nbsp; 7.145% | &nbsp;&nbsp; 10/25/33 | &nbsp;&nbsp; 590000<br>| &nbsp;&nbsp;&nbsp; 666103<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency <br> Credit Risk Trust, 2021-DNA6 B1 (30 Day Average SOFR + 3.400%) | &nbsp;&nbsp; 7.045% | &nbsp;&nbsp; 10/25/41 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 869547<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency <br> Credit Risk Trust, 2022-DNA2 B1 (30 Day Average SOFR + 4.750%) | &nbsp;&nbsp; 8.395% | &nbsp;&nbsp; 2/25/42 | &nbsp;&nbsp; 1220000<br>| &nbsp;&nbsp;&nbsp; 1255593<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Seasoned Credit Risk Transfer <br> Trust, 2018-2 BX | &nbsp;&nbsp; 1.963% | &nbsp;&nbsp; 11/25/57 | &nbsp;&nbsp; 3694144<br>| &nbsp;&nbsp;&nbsp; 1398806<br> <sup>(g)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Seasoned Credit Risk Transfer <br> Trust, 2019-3 M | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 10/25/58 | &nbsp;&nbsp; 1049325<br>| &nbsp;&nbsp;&nbsp; $1035845<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) Structured Agency Credit Risk <br> Securitized Participation Interests Trust, 2017-SPI1 B | &nbsp;&nbsp; 4.107% | &nbsp;&nbsp; 9/25/47 | &nbsp;&nbsp; 620133<br>| &nbsp;&nbsp;&nbsp; 453197<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2019-R05 1B1 (30 <br> Day Average SOFR + 4.214%) | &nbsp;&nbsp; 7.860% | &nbsp;&nbsp; 7/25/39 | &nbsp;&nbsp; 647692<br>| &nbsp;&nbsp;&nbsp; 651982<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2020-R01 1B1 (30 <br> Day Average SOFR + 3.364%) | &nbsp;&nbsp; 7.010% | &nbsp;&nbsp; 1/25/40 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 679058<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2022-R01 1B1 (30 <br> Day Average SOFR + 3.150%) | &nbsp;&nbsp; 6.795% | &nbsp;&nbsp; 12/25/41 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 678501<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2025-R02 1B1 (30 <br> Day Average SOFR + 1.950%) | &nbsp;&nbsp; 5.595% | &nbsp;&nbsp; 2/25/45 | &nbsp;&nbsp; 1360000<br>| &nbsp;&nbsp;&nbsp; 1363257<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA), 2021-5 IO, IO | &nbsp;&nbsp; 1.111% | &nbsp;&nbsp; 1/16/61 | &nbsp;&nbsp; 1225215<br>| &nbsp;&nbsp;&nbsp; 95886<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Greystone CRE Notes LLC, 2025-HC4 AS (1 mo. Term SOFR + 2.240%) | &nbsp;&nbsp; 5.895% | &nbsp;&nbsp; 10/15/42 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp; 901163<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Corp. II, 2024-70P E | &nbsp;&nbsp; 9.263% | &nbsp;&nbsp; 3/10/41 | &nbsp;&nbsp; 845000<br>| &nbsp;&nbsp;&nbsp; 854675<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Corp. Trust, 2018-LUAU G (1 mo. Term SOFR + <br> 4.747%) | &nbsp;&nbsp; 8.402% | &nbsp;&nbsp; 11/15/32 | &nbsp;&nbsp; 1030000<br>| &nbsp;&nbsp;&nbsp; 1021260<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; GSMPS Mortgage Loan Trust, 2006-RP1 1A2 | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 1/25/36 | &nbsp;&nbsp; 386061<br>| &nbsp;&nbsp;&nbsp; 341781<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; GSMPS Mortgage Loan Trust, 2006-RP2 1AF1 (1 mo. Term SOFR + 0.514%) | &nbsp;&nbsp; 4.169% | &nbsp;&nbsp; 4/25/36 | &nbsp;&nbsp; 1044533<br>| &nbsp;&nbsp;&nbsp; 913964<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; HarborView Mortgage Loan Trust, 2005-9 2A1C (1 mo. Term SOFR + <br> 1.014%) | &nbsp;&nbsp; 4.675% | &nbsp;&nbsp; 6/20/35 | &nbsp;&nbsp; 1318257<br>| &nbsp;&nbsp;&nbsp; 1242710<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; HIH Trust, 2024-61P F (1 mo. Term SOFR + 5.437%) | &nbsp;&nbsp; 9.092% | &nbsp;&nbsp; 10/15/41 | &nbsp;&nbsp; 924533<br>| &nbsp;&nbsp;&nbsp; 930033<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; IMPAC CMB Trust, 2005-5 A1 (1 mo. Term SOFR + 0.434%) | &nbsp;&nbsp; 4.409% | &nbsp;&nbsp; 8/25/35 | &nbsp;&nbsp; 34193<br>| &nbsp;&nbsp;&nbsp; 32687<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; IMPAC Secured Assets Corp., 2006-3 A7 (1 mo. Term SOFR + 0.654%) | &nbsp;&nbsp; 4.309% | &nbsp;&nbsp; 11/25/36 | &nbsp;&nbsp; 896358<br>| &nbsp;&nbsp;&nbsp; 803256<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; KIND Trust, 2021-KIND D (1 mo. Term SOFR + 2.414%) | &nbsp;&nbsp; 6.070% | &nbsp;&nbsp; 8/15/38 | &nbsp;&nbsp; 932343<br>| &nbsp;&nbsp;&nbsp; 923903<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; MF1 LLC, 2025-FL17 A (1 mo. Term SOFR + 1.320%) | &nbsp;&nbsp; 4.981% | &nbsp;&nbsp; 2/18/40 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 990951<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; MF1 LLC, 2025-FL17 D (1 mo. Term SOFR + 2.741%) | &nbsp;&nbsp; 6.402% | &nbsp;&nbsp; 2/18/40 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 458558<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; MF1 LLC, 2025-FL17 E (1 mo. Term SOFR + 3.490%) | &nbsp;&nbsp; 7.151% | &nbsp;&nbsp; 2/18/40 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp; 389073<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; MF1 Trust, 2024-FL16 A (1 mo. Term SOFR + 1.541%) | &nbsp;&nbsp; 5.202% | &nbsp;&nbsp; 11/18/39 | &nbsp;&nbsp; 975000<br>| &nbsp;&nbsp;&nbsp; 977682<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; MFA Trust, 2023-NQM4 A3 | &nbsp;&nbsp; 6.784% | &nbsp;&nbsp; 12/25/68 | &nbsp;&nbsp; 313525<br>| &nbsp;&nbsp;&nbsp; 315741<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; MLTI Trust, 2026-SF75 E (1 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.905% | &nbsp;&nbsp; 3/15/36 | &nbsp;&nbsp; 850000<br>| &nbsp;&nbsp;&nbsp; 847279<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, 2015-UBS8 C | &nbsp;&nbsp; 4.522% | &nbsp;&nbsp; 12/15/48 | &nbsp;&nbsp; 101147<br>| &nbsp;&nbsp;&nbsp; 99430<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, 2021-230P B (1 mo. Term SOFR + 1.563%) | &nbsp;&nbsp; 5.218% | &nbsp;&nbsp; 12/15/38 | &nbsp;&nbsp; 1050000<br>| &nbsp;&nbsp;&nbsp; 989464<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, 2021-L7 XA, IO | &nbsp;&nbsp; 1.168% | &nbsp;&nbsp; 10/15/54 | &nbsp;&nbsp; 8600023<br>| &nbsp;&nbsp;&nbsp; 310604<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Mortgage Loan Trust, 2005-2AR B1 (1 mo. Term SOFR + <br> 0.614%) | &nbsp;&nbsp; 4.269% | &nbsp;&nbsp; 4/25/35 | &nbsp;&nbsp; 762722<br>| &nbsp;&nbsp;&nbsp; 671475<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust, 2026-DSC1 A2 | &nbsp;&nbsp; 5.020% | &nbsp;&nbsp; 1/25/71 | &nbsp;&nbsp; 384871<br>| &nbsp;&nbsp;&nbsp; 382308<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; MSWF Commercial Mortgage Trust, 2023-1 A4 | &nbsp;&nbsp; 5.472% | &nbsp;&nbsp; 5/15/56 | &nbsp;&nbsp; 820000<br>| &nbsp;&nbsp;&nbsp; 841202<br>|
| &nbsp;&nbsp;&nbsp; MSWF Commercial Mortgage Trust, 2023-2 C | &nbsp;&nbsp; 7.245% | &nbsp;&nbsp; 12/15/56 | &nbsp;&nbsp; 930000<br>| &nbsp;&nbsp;&nbsp; 991616<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Multifamily CAS Trust, 2020-01 M10 (30 Day Average SOFR + 3.864%) | &nbsp;&nbsp; 7.510% | &nbsp;&nbsp; 3/25/50 | &nbsp;&nbsp; 1023572<br>| &nbsp;&nbsp;&nbsp; 1040843<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Multifamily Trust, 2016-1 B | &nbsp;&nbsp; 0.229% | &nbsp;&nbsp; 4/25/46 | &nbsp;&nbsp; 173019<br>| &nbsp;&nbsp;&nbsp; 168086<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Natixis Commercial Mortgage Securities Trust, 2019-FAME E | &nbsp;&nbsp; 4.544% | &nbsp;&nbsp; 8/15/36 | &nbsp;&nbsp; 660000<br>| &nbsp;&nbsp;&nbsp; 254031<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, 2017-5A B5 | &nbsp;&nbsp; 5.698% | &nbsp;&nbsp; 6/25/57 | &nbsp;&nbsp; 532413<br>| &nbsp;&nbsp;&nbsp; 506524<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, 2026-NQM3 A3 | &nbsp;&nbsp; 5.189% | &nbsp;&nbsp; 2/25/66 | &nbsp;&nbsp; 669495<br>| &nbsp;&nbsp;&nbsp; 662922<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nomura Resecuritization Trust, 2015-8R 4A4 | &nbsp;&nbsp; 4.020% | &nbsp;&nbsp; 11/25/47 | &nbsp;&nbsp; 1021909<br>| &nbsp;&nbsp;&nbsp; 954832<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, 2025-28L F | &nbsp;&nbsp; 8.401% | &nbsp;&nbsp; 11/5/38 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 349461<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, 2025-28L G | &nbsp;&nbsp; 9.631% | &nbsp;&nbsp; 11/5/38 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp; 896414<br> <sup>(a)(g)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(j)</sup> **— continued** |
| &nbsp;&nbsp;&nbsp; OBX Trust, 2024-NQM1 A3 | &nbsp;&nbsp; 6.455% | &nbsp;&nbsp; 11/25/63 | &nbsp;&nbsp; 433204<br>| &nbsp;&nbsp;&nbsp; $435776<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; OBX Trust, 2026-NQM1 A3 | &nbsp;&nbsp; 5.171% | &nbsp;&nbsp; 11/25/65 | &nbsp;&nbsp; 655034<br>| &nbsp;&nbsp;&nbsp; 650015<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ONNI Commercial Mortgage Trust, 2024-APT D | &nbsp;&nbsp; 7.237% | &nbsp;&nbsp; 7/15/39 | &nbsp;&nbsp; 1010000<br>| &nbsp;&nbsp;&nbsp; 1030953<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Redwood Funding Trust, 2026-2 A | &nbsp;&nbsp; 6.259% | &nbsp;&nbsp; 11/27/56 | &nbsp;&nbsp; 1020000<br>| &nbsp;&nbsp;&nbsp; 1019999<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; RIDE, 2025-SHRE D | &nbsp;&nbsp; 6.972% | &nbsp;&nbsp; 2/14/47 | &nbsp;&nbsp; 1140000<br>| &nbsp;&nbsp;&nbsp; 1154411<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; SFO Commercial Mortgage Trust, 2021-555 E (1 mo. Term SOFR + 3.014%) | &nbsp;&nbsp; 6.669% | &nbsp;&nbsp; 5/15/38 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 742889<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; SFO Commercial Mortgage Trust, 2021-555 D (1 mo. Term SOFR + 2.514%) | &nbsp;&nbsp; 6.169% | &nbsp;&nbsp; 5/15/38 | &nbsp;&nbsp; 1070000<br>| &nbsp;&nbsp;&nbsp; 1063632<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; SMRT, 2022-MINI D (1 mo. Term SOFR + 1.950%) | &nbsp;&nbsp; 5.605% | &nbsp;&nbsp; 1/15/39 | &nbsp;&nbsp; 850000<br>| &nbsp;&nbsp;&nbsp; 848468<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; SMRT, 2022-MINI F (1 mo. Term SOFR + 3.350%) | &nbsp;&nbsp; 7.005% | &nbsp;&nbsp; 1/15/39 | &nbsp;&nbsp; 1030000<br>| &nbsp;&nbsp;&nbsp; 1010433<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Corp., 2005-RF2 A (1 mo. Term SOFR + 0.464%) | &nbsp;&nbsp; 4.119% | &nbsp;&nbsp; 4/25/35 | &nbsp;&nbsp; 1038919<br>| &nbsp;&nbsp;&nbsp; 957264<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; SWCH Commercial Mortgage Trust, 2025-DATA A (1 mo. Term SOFR + <br> 1.443%) | &nbsp;&nbsp; 5.098% | &nbsp;&nbsp; 2/15/42 | &nbsp;&nbsp; 1150000<br>| &nbsp;&nbsp;&nbsp; 1141587<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, 2015-1 B1 | &nbsp;&nbsp; 4.511% | &nbsp;&nbsp; 10/25/53 | &nbsp;&nbsp; 1230000<br>| &nbsp;&nbsp;&nbsp; 1177132<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, 2023-4 B1 | &nbsp;&nbsp; 8.006% | &nbsp;&nbsp; 5/25/68 | &nbsp;&nbsp; 1050000<br>| &nbsp;&nbsp;&nbsp; 1047185<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, 2023-8 A3 | &nbsp;&nbsp; 6.968% | &nbsp;&nbsp; 12/25/68 | &nbsp;&nbsp; 608741<br>| &nbsp;&nbsp;&nbsp; 612883<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, 2025-R1 A3 | &nbsp;&nbsp; 5.774% | &nbsp;&nbsp; 5/25/65 | &nbsp;&nbsp; 742530<br>| &nbsp;&nbsp;&nbsp; 745192<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, 2026-2 A2 | &nbsp;&nbsp; 4.844% | &nbsp;&nbsp; 2/25/71 | &nbsp;&nbsp; 670659<br>| &nbsp;&nbsp;&nbsp; 663517<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates Trust, 2005-AR19 A1A1 (1 mo. <br> Term SOFR + 0.654%) | &nbsp;&nbsp; 4.309% | &nbsp;&nbsp; 12/25/45 | &nbsp;&nbsp; 17991<br>| &nbsp;&nbsp;&nbsp; 18178<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; WB Commercial Mortgage Trust, 2024-HQ D | &nbsp;&nbsp; 8.278% | &nbsp;&nbsp; 3/15/40 | &nbsp;&nbsp; 650000<br>| &nbsp;&nbsp;&nbsp; 646313<br> <sup>(a)(g)</sup><br>|
| **Total Collateralized Mortgage Obligations (Cost — $64,567,813)** | **Total Collateralized Mortgage Obligations (Cost — $64,567,813)** | **Total Collateralized Mortgage Obligations (Cost — $64,567,813)** | **Total Collateralized Mortgage Obligations (Cost — $64,567,813)** | &nbsp;&nbsp; **63798293** |
| **Senior Loans — 16.0%** | **Senior Loans — 16.0%** | **Senior Loans — 16.0%** | **Senior Loans — 16.0%** | **Senior Loans — 16.0%** |
| **Communication Services — 1.2%** | **Communication Services — 1.2%** | **Communication Services — 1.2%** | **Communication Services — 1.2%** | **Communication Services — 1.2%** |
| *Entertainment — 0.2%* | *Entertainment — 0.2%* | *Entertainment — 0.2%* | *Entertainment — 0.2%* | *Entertainment — 0.2%* |
| &nbsp;&nbsp;&nbsp; EOC Borrower LLC, Term Loan B (1 mo. Term SOFR + 2.750%) | 6.402% | &nbsp;&nbsp; 3/24/32 | &nbsp;&nbsp; 664975<br>| &nbsp;&nbsp;&nbsp; 668549<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; OAK-Eagle Acquireco Inc., Term Loan B |  | &nbsp;&nbsp; 3/24/33 | &nbsp;&nbsp; 230000<br>| &nbsp;&nbsp;&nbsp; 230345<br> <sup>(m)</sup><br>|
| *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *898894* |
| *Media — 1.0%* | *Media — 1.0%* | *Media — 1.0%* | *Media — 1.0%* | *Media — 1.0%* |
| &nbsp;&nbsp;&nbsp; Diamond Sports Net LLC, First Lien Exit Term Loan |  | &nbsp;&nbsp; 1/3/28 | &nbsp;&nbsp; 654648<br>| &nbsp;&nbsp;&nbsp; 140281<br> <sup>(n)</sup><br>|
| &nbsp;&nbsp;&nbsp; Learfield Communications LLC, 2024 Term Loan B (1 mo. Term SOFR + <br> 4.500%) | 8.152% | &nbsp;&nbsp; 6/30/28 | &nbsp;&nbsp; 853528<br>| &nbsp;&nbsp;&nbsp; 857049<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; MH Sub I LLC, 2023 New Term Loan (1 mo. Term SOFR + 4.250%) | 7.902% | &nbsp;&nbsp; 5/3/28 | &nbsp;&nbsp; 735280<br>| &nbsp;&nbsp;&nbsp; 679380<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; MH Sub I LLC, 2024 New Term Loan (1 mo. Term SOFR + 4.250%) | 7.902% | &nbsp;&nbsp; 12/31/31 | &nbsp;&nbsp; 497707<br>| &nbsp;&nbsp;&nbsp; 394709<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexstar Media Inc., Term Loan B7 (1 mo. Term SOFR + 2.750%) | 6.402% | &nbsp;&nbsp; 3/18/33 | &nbsp;&nbsp; 510000<br>| &nbsp;&nbsp;&nbsp; 510281<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Virgin Media Bristol LLC, Term Loan Facility Y (6 mo. Term SOFR + 3.275%) | 6.967% | &nbsp;&nbsp; 3/31/31 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 656761<br> <sup>(g)(k)(l)</sup><br>|
| *Total Media* | *Total Media* | *Total Media* | *Total Media* | &nbsp;&nbsp; *3238461* |
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **4137355** |
| **Consumer Discretionary — 2.5%** | **Consumer Discretionary — 2.5%** | **Consumer Discretionary — 2.5%** | **Consumer Discretionary — 2.5%** | **Consumer Discretionary — 2.5%** |
| *Automobile Components — 0.2%* | *Automobile Components — 0.2%* | *Automobile Components — 0.2%* | *Automobile Components — 0.2%* | *Automobile Components — 0.2%* |
| &nbsp;&nbsp;&nbsp; ABC Technologies Inc., Term Loan B | 11.918-<br> 11.950%<br>| &nbsp;&nbsp; 1/2/40 | &nbsp;&nbsp; 607261<br>| &nbsp;&nbsp;&nbsp; 584544<br> <sup>(e)(f)(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, 2021 First Lien Term Loan (1 mo. Term SOFR + <br> 7.114%) | 10.779% | &nbsp;&nbsp; 3/30/27 | &nbsp;&nbsp; 68933<br>| &nbsp;&nbsp;&nbsp; 160<br> <sup>(c)(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, 2022 Incremental Term Loan (1 mo. Term SOFR + <br> 7.114%) | 10.779% | &nbsp;&nbsp; 3/30/27 | &nbsp;&nbsp; 269282<br>| &nbsp;&nbsp;&nbsp; 627<br> <sup>(c)(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, DIP Roll Up Term Loan (1 mo. Term SOFR + 7.000%) | 10.657% | &nbsp;&nbsp; 6/29/26 | &nbsp;&nbsp; 432747<br>| &nbsp;&nbsp;&nbsp; 1703<br> <sup>(c)(g)(k)(l)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Automobile Components — continued* | *Automobile Components — continued* | *Automobile Components — continued* | *Automobile Components — continued* | *Automobile Components — continued* |
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, USD DIP Term Loan (1 mo. Term SOFR + 10.000%) | 13.657% | &nbsp;&nbsp; 6/29/26 | &nbsp;&nbsp; 149410<br>| &nbsp;&nbsp;&nbsp; $36933<br> <sup>(c)(g)(k)(l)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *623967* |
| *Broadline Retail — 0.2%* | *Broadline Retail — 0.2%* | *Broadline Retail — 0.2%* | *Broadline Retail — 0.2%* | *Broadline Retail — 0.2%* |
| &nbsp;&nbsp;&nbsp; Peer Holding III BV, Term Loan B4 (3 mo. Term SOFR + 2.500%) | 6.200% | &nbsp;&nbsp; 10/26/30 | &nbsp;&nbsp; 663275<br>| &nbsp;&nbsp;&nbsp; 666094<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Peer Holding III BV, Term Loan B8 (3 mo. Term SOFR + 2.250%) | 5.950% | &nbsp;&nbsp; 9/29/32 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 210446<br> <sup>(g)(k)(l)</sup><br>|
| *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | &nbsp;&nbsp; *876540* |
| *Diversified Consumer Services — 0.3%* | *Diversified Consumer Services — 0.3%* | *Diversified Consumer Services — 0.3%* | *Diversified Consumer Services — 0.3%* | *Diversified Consumer Services — 0.3%* |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC, Term Loan B1 (1 mo. Term SOFR + <br> 2.000%) | 5.657% | &nbsp;&nbsp; 10/13/30 | &nbsp;&nbsp; 544262<br>| &nbsp;&nbsp;&nbsp; 545397<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; WW International Inc., Take-Back Term Loan (3 mo. Term SOFR + 6.800%) | 10.506% | &nbsp;&nbsp; 6/24/30 | &nbsp;&nbsp; 650000<br>| &nbsp;&nbsp;&nbsp; 437216<br> <sup>(g)(k)(l)</sup><br>|
| *Total Diversified Consumer Services* | *Total Diversified Consumer Services* | *Total Diversified Consumer Services* | *Total Diversified Consumer Services* | &nbsp;&nbsp; *982613* |
| *Hotels, Restaurants & Leisure — 0.8%* | *Hotels, Restaurants & Leisure — 0.8%* | *Hotels, Restaurants & Leisure — 0.8%* | *Hotels, Restaurants & Leisure — 0.8%* | *Hotels, Restaurants & Leisure — 0.8%* |
| &nbsp;&nbsp;&nbsp; Allwyn Entertainment Financing US LLC, New Term Loan Facility B (3 mo. <br> Term SOFR + 2.000%) | 5.669% | &nbsp;&nbsp; 6/2/31 | &nbsp;&nbsp; 327095<br>| &nbsp;&nbsp;&nbsp; 321234<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Catawba Nation Gaming Authority, Initial Term Loan B (3 mo. Term SOFR + <br> 4.750%) | 8.413% | &nbsp;&nbsp; 3/29/32 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 714974<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kingpin Intermediate Holdings LLC, 2025 First Lien Term Loan B (1 mo. Term <br> SOFR + 3.250%) | 6.902% | &nbsp;&nbsp; 9/22/32 | &nbsp;&nbsp; 1007475<br>| &nbsp;&nbsp;&nbsp; 883747<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Peninsula Pacific Entertainment LLC, Closing Date Term Loan Facility B (3 <br> mo. Term SOFR + 4.750%) | 8.450% | &nbsp;&nbsp; 10/1/32 | &nbsp;&nbsp; 760000<br>| &nbsp;&nbsp;&nbsp; 758731<br> <sup>(g)(k)(l)</sup><br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *2678686* |
| *Specialty Retail — 1.0%* | *Specialty Retail — 1.0%* | *Specialty Retail — 1.0%* | *Specialty Retail — 1.0%* | *Specialty Retail — 1.0%* |
| &nbsp;&nbsp;&nbsp; Harbor Freight Tools USA Inc., Initial Term Loan (1 mo. Term SOFR + <br> 2.250%) | 5.902% | &nbsp;&nbsp; 6/11/31 | &nbsp;&nbsp; 1038741<br>| &nbsp;&nbsp;&nbsp; 1038741<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Michaels Cos. Inc., Term Loan B (3 mo. Term SOFR + 5.000%) | 8.668% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 793084<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co. Inc., 2026 Term Loan (3 mo. Term SOFR + <br> 4.250%) | 7.950% | &nbsp;&nbsp; 1/22/31 | &nbsp;&nbsp; 620000<br>| &nbsp;&nbsp;&nbsp; 617018<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spencer Spirit IH LLC, Initial Term Loan (1 mo. Term SOFR + 4.000%) | 7.652% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 843635<br>| &nbsp;&nbsp;&nbsp; 845744<br> <sup>(g)(k)(l)</sup><br>|
| *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *3294587* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **8456393** |
| **Consumer Staples — 0.6%** | **Consumer Staples — 0.6%** | **Consumer Staples — 0.6%** | **Consumer Staples — 0.6%** | **Consumer Staples — 0.6%** |
| *Beverages — 0.2%* | *Beverages — 0.2%* | *Beverages — 0.2%* | *Beverages — 0.2%* | *Beverages — 0.2%* |
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc., Term Loan B (3 mo. Term SOFR + 2.250%)  | 5.950% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 657806<br>| &nbsp;&nbsp;&nbsp;&nbsp; *661986*<br> <sup>(g)(k)(l)</sup><br>|
| *Household Products — 0.1%* | *Household Products — 0.1%* | *Household Products — 0.1%* | *Household Products — 0.1%* | *Household Products — 0.1%* |
| &nbsp;&nbsp;&nbsp; Knight Health Holdings LLC, Term Loan B (1 mo. Term SOFR + 5.364%)  | 9.017% | &nbsp;&nbsp; 12/23/28 | &nbsp;&nbsp; 622503<br>| &nbsp;&nbsp;&nbsp;&nbsp; *430763*<br> <sup>(g)(k)(l)</sup><br>|
| *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* |
| &nbsp;&nbsp;&nbsp; Opal Bidco SAS, Term Loan Facility B4 (3 mo. Term SOFR + 3.000%)  | 6.700% | &nbsp;&nbsp; 4/28/32 | &nbsp;&nbsp; 1054700<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1060195*<br> <sup>(g)(k)(l)</sup><br>|
| **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **2152944** |
| **Financials — 3.6%** | **Financials — 3.6%** | **Financials — 3.6%** | **Financials — 3.6%** | **Financials — 3.6%** |
| *Banks — 0.3%* | *Banks — 0.3%* | *Banks — 0.3%* | *Banks — 0.3%* | *Banks — 0.3%* |
| &nbsp;&nbsp;&nbsp; Ascensus Group Holdings Inc., 2024 Term Loan B (1 mo. Term SOFR + <br> 3.000%)  | 6.652% | &nbsp;&nbsp; 11/24/32 | &nbsp;&nbsp; 1026185<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1019386*<br> <sup>(g)(k)(l)</sup><br>|
| *Capital Markets — 0.5%* | *Capital Markets — 0.5%* | *Capital Markets — 0.5%* | *Capital Markets — 0.5%* | *Capital Markets — 0.5%* |
| &nbsp;&nbsp;&nbsp; Edelman Financial Engines Center LLC, Term Loan B |  | &nbsp;&nbsp; 11/28/31 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 270675<br> <sup>(f)(m)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Eagle Holdings Inc., Delayed Draw Term Loan |  | &nbsp;&nbsp; 8/16/32 | &nbsp;&nbsp; 102083<br>| &nbsp;&nbsp;&nbsp; 101970<br> <sup>(o)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Eagle Holdings Inc., Initial Term Loan (3 mo. Term SOFR + 3.500%) | 7.200% | &nbsp;&nbsp; 8/16/32 | &nbsp;&nbsp; 596422<br>| &nbsp;&nbsp;&nbsp; 595760<br> <sup>(g)(k)(l)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners LLC, Incremental Term Loan B (1 mo. Term SOFR + <br> 2.500%) | 6.152% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 819275<br>| &nbsp;&nbsp;&nbsp; $814113<br> <sup>(g)(k)(l)</sup><br>|
| *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *1782518* |
| *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* | *Consumer Finance — 0.2%* |
| &nbsp;&nbsp;&nbsp; Blackhawk Network Holdings Inc., Term Loan B2 (1 mo. Term SOFR + <br> 3.500%)  | 7.152% | &nbsp;&nbsp; 3/12/29 | &nbsp;&nbsp; 764522<br>| &nbsp;&nbsp;&nbsp;&nbsp; *758654*<br> <sup>(g)(k)(l)</sup><br>|
| *Financial Services — 1.0%* | *Financial Services — 1.0%* | *Financial Services — 1.0%* | *Financial Services — 1.0%* | *Financial Services — 1.0%* |
| &nbsp;&nbsp;&nbsp; Jane Street Group LLC, Extended Term Loan (3 mo. Term SOFR + 2.000%) | 5.673% | &nbsp;&nbsp; 12/15/31 | &nbsp;&nbsp; 989556<br>| &nbsp;&nbsp;&nbsp; 989061<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Amendment No. 9 Refinancing Term Loan (1 mo. Term <br> SOFR + 3.500%) | 7.152% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 849963<br>| &nbsp;&nbsp;&nbsp; 835004<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Amendment No. 10 Term Loan (1 mo. Term SOFR + <br> 4.000%) | 7.652% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 248750<br>| &nbsp;&nbsp;&nbsp; 244770<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; VFH Parent LLC, Term Loan B2 (1 mo. Term SOFR + 2.500%) | 6.152% | &nbsp;&nbsp; 6/21/31 | &nbsp;&nbsp; 1059300<br>| &nbsp;&nbsp;&nbsp; 1064597<br> <sup>(g)(k)(l)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *3133432* |
| *Insurance — 1.1%* | *Insurance — 1.1%* | *Insurance — 1.1%* | *Insurance — 1.1%* | *Insurance — 1.1%* |
| &nbsp;&nbsp;&nbsp; AmWINS Group Inc., 2026 Refinancing Term Loan (1 mo. Term SOFR + <br> 2.000%) | 5.652% | &nbsp;&nbsp; 1/30/32 | &nbsp;&nbsp; 989975<br>| &nbsp;&nbsp;&nbsp; 990321<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Asurion LLC, New Term Loan B14 (1 mo. Term SOFR + 3.750%) | 7.413% | &nbsp;&nbsp; 3/11/33 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 285802<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Broadstreet Partners Inc., 2024 Term Loan B (1 mo. Term SOFR + 2.500%) | 6.152% | &nbsp;&nbsp; 6/13/31 | &nbsp;&nbsp; 349214<br>| &nbsp;&nbsp;&nbsp; 347421<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; CFC Bidco Ltd., Initial Term Loan (3 mo. Term SOFR + 3.500%) | 7.182% | &nbsp;&nbsp; 7/1/32 | &nbsp;&nbsp; 887775<br>| &nbsp;&nbsp;&nbsp; 860032<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; HIG Finance 2 Ltd., 2025 Dollar Refinancing Term Loan (1 mo. Term SOFR + <br> 2.750%) | 6.402% | &nbsp;&nbsp; 4/18/30 | &nbsp;&nbsp; 230156<br>| &nbsp;&nbsp;&nbsp; 227584<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sedgwick Claims Management Services Inc., 2024 Term Loan (1 mo. Term <br> SOFR + 2.500%) | 6.152% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 906165<br>| &nbsp;&nbsp;&nbsp; 900814<br> <sup>(g)(k)(l)</sup><br>|
| *Total Insurance* | *Total Insurance* | *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *3611974* |
| *Mortgage Real Estate Investment Trusts (REITs) — 0.5%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.5%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.5%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.5%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.5%* |
| &nbsp;&nbsp;&nbsp; KREF Holdings X LLC, Term Loan B (1 mo. Term SOFR + 2.500%) | 6.168% | &nbsp;&nbsp; 3/5/32 | &nbsp;&nbsp; 891588<br>| &nbsp;&nbsp;&nbsp; 870974<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Starwood Property Mortgage LLC, 2025 Repricing Term Loan (1 mo. Term <br> SOFR + 1.750%) | 5.402% | &nbsp;&nbsp; 11/18/27 | &nbsp;&nbsp; 480174<br>| &nbsp;&nbsp;&nbsp; 480400<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Starwood Property Mortgage LLC, Incremental Term Loan B2 (1 mo. Term <br> SOFR + 2.250%) | 5.902% | &nbsp;&nbsp; 9/24/32 | &nbsp;&nbsp; 378100<br>| &nbsp;&nbsp;&nbsp; 379991<br> <sup>(g)(k)(l)</sup><br>|
| *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | &nbsp;&nbsp; *1731365* |
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **12037329** |
| **Health Care — 2.2%** | **Health Care — 2.2%** | **Health Care — 2.2%** | **Health Care — 2.2%** | **Health Care — 2.2%** |
| *Health Care Equipment & Supplies — 0.3%* | *Health Care Equipment & Supplies — 0.3%* | *Health Care Equipment & Supplies — 0.3%* | *Health Care Equipment & Supplies — 0.3%* | *Health Care Equipment & Supplies — 0.3%* |
| &nbsp;&nbsp;&nbsp; Hologic Inc., USD Initial Term Loan B (3 mo. Term SOFR + 2.250%) | 5.924% | &nbsp;&nbsp; 4/7/33 | &nbsp;&nbsp; 740000<br>| &nbsp;&nbsp;&nbsp; 736766<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Medline Borrower LP, 2028 Refinancing Term Loan (1 mo. Term SOFR + <br> 1.750%) | 5.402% | &nbsp;&nbsp; 10/23/28 | &nbsp;&nbsp; 167165<br>| &nbsp;&nbsp;&nbsp; 167934<br> <sup>(g)(k)(l)</sup><br>|
| *Total Health Care Equipment & Supplies* | *Total Health Care Equipment & Supplies* | *Total Health Care Equipment & Supplies* | *Total Health Care Equipment & Supplies* | &nbsp;&nbsp; *904700* |
| *Health Care Providers & Services — 1.2%* | *Health Care Providers & Services — 1.2%* | *Health Care Providers & Services — 1.2%* | *Health Care Providers & Services — 1.2%* | *Health Care Providers & Services — 1.2%* |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare LLC, 2025 Term Loan (1 mo. Term SOFR + 3.750%) | 7.402% | &nbsp;&nbsp; 9/17/32 | &nbsp;&nbsp; 507450<br>| &nbsp;&nbsp;&nbsp; 509480<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; LifePoint Health Inc., Term Loan B (3 mo. Term SOFR + 3.750%) | 7.423% | &nbsp;&nbsp; 5/16/31 | &nbsp;&nbsp; 783849<br>| &nbsp;&nbsp;&nbsp; 781647<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; LifePoint Health Inc., Term Loan B2 (3 mo. Term SOFR + 3.500%) | 7.177% | &nbsp;&nbsp; 5/16/31 | &nbsp;&nbsp; 719073<br>| &nbsp;&nbsp;&nbsp; 716042<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Phoenix Guarantor Inc., Term Loan B5 (1 mo. Term SOFR + 2.500%) | 6.152% | &nbsp;&nbsp; 2/21/31 | &nbsp;&nbsp; 695622<br>| &nbsp;&nbsp;&nbsp; 698780<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sotera Health Holdings LLC, 2025 Term Loan (1 mo. Term SOFR + 2.500%) | 6.152% | &nbsp;&nbsp; 5/30/31 | &nbsp;&nbsp; 746941<br>| &nbsp;&nbsp;&nbsp; 750833<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; TEAM Services Holding Inc., Initial Term Loan (3 mo. Term SOFR + 5.250%) | 8.950% | &nbsp;&nbsp; 3/31/33 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 485520<br> <sup>(g)(k)(l)</sup><br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *3942302* |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Health Care Technology — 0.4%* | *Health Care Technology — 0.4%* | *Health Care Technology — 0.4%* | *Health Care Technology — 0.4%* | *Health Care Technology — 0.4%* |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group Inc., Initial Term Loan (1 mo. Term SOFR + 2.750%) | 6.402% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 349119<br>| &nbsp;&nbsp;&nbsp; $348308<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cotiviti Inc., Amendment No. 2 Term Loan (1 mo. Term SOFR + 2.750%) | 6.415% | &nbsp;&nbsp; 3/26/32 | &nbsp;&nbsp; 258050<br>| &nbsp;&nbsp;&nbsp; 237682<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC, First Out Term Loan (3 mo. Term SOFR + <br> 3.750%) | 7.413% | &nbsp;&nbsp; 12/31/30 | &nbsp;&nbsp; 200447<br>| &nbsp;&nbsp;&nbsp; 200673<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC, Second Out Term Loan (3 mo. Term SOFR + <br> 4.862%) | 8.525% | &nbsp;&nbsp; 12/31/30 | &nbsp;&nbsp; 671583<br>| &nbsp;&nbsp;&nbsp; 602746<br> <sup>(g)(k)(l)</sup><br>|
| *Total Health Care Technology* | *Total Health Care Technology* | *Total Health Care Technology* | *Total Health Care Technology* | &nbsp;&nbsp; *1389409* |
| *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* | *Pharmaceuticals — 0.3%* |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp., Term Loan B (3 mo. Term SOFR + 4.100%)  | 7.800% | &nbsp;&nbsp; 10/1/27 | &nbsp;&nbsp; 930183<br>| &nbsp;&nbsp;&nbsp;&nbsp; *916039*<br> <sup>(g)(k)(l)</sup><br>|
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **7152450** |
| **Industrials — 2.1%** | **Industrials — 2.1%** | **Industrials — 2.1%** | **Industrials — 2.1%** | **Industrials — 2.1%** |
| *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* | *Aerospace & Defense — 0.1%* |
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Term Loan N (1 mo. Term SOFR + 2.500%)  | 6.152% | &nbsp;&nbsp; 2/10/33 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *330919*<br> <sup>(g)(k)(l)</sup><br>|
| *Building Products — 0.1%* | *Building Products — 0.1%* | *Building Products — 0.1%* | *Building Products — 0.1%* | *Building Products — 0.1%* |
| &nbsp;&nbsp;&nbsp; HP PHRG Borrower LLC, Closing Date Term Loan (3 mo. Term SOFR + <br> 4.000%)  | 7.700% | &nbsp;&nbsp; 2/20/32 | &nbsp;&nbsp; 357300<br>| &nbsp;&nbsp;&nbsp;&nbsp; *356185*<br> <sup>(g)(k)(l)</sup><br>|
| *Commercial Services & Supplies — 1.0%* | *Commercial Services & Supplies — 1.0%* | *Commercial Services & Supplies — 1.0%* | *Commercial Services & Supplies — 1.0%* | *Commercial Services & Supplies — 1.0%* |
| &nbsp;&nbsp;&nbsp; DS Parent Inc., Term Loan B (3 mo. Term SOFR + 5.500%) | 9.200% | &nbsp;&nbsp; 1/31/31 | &nbsp;&nbsp; 927302<br>| &nbsp;&nbsp;&nbsp; 821492<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; LRS Holdings LLC, Term Loan B (1 mo. Term SOFR + 4.364%) | 8.017% | &nbsp;&nbsp; 8/31/28 | &nbsp;&nbsp; 1253224<br>| &nbsp;&nbsp;&nbsp; 1242258<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Madison Iaq LLC, 2025 Repricing Incremental Term Loan (6 mo. Term SOFR <br> + 2.750%) | 6.378% | &nbsp;&nbsp; 11/8/32 | &nbsp;&nbsp; 332517<br>| &nbsp;&nbsp;&nbsp; 333910<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pye Barker Fire & Safety LLC, Closing Date Term Loan (2 mo. Term SOFR + <br> 2.500%) | 6.163% | &nbsp;&nbsp; 12/16/32 | &nbsp;&nbsp; 339300<br>| &nbsp;&nbsp;&nbsp; 341076<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pye Barker Fire & Safety LLC, Initial Delayed Draw Term Loan (2 mo. Term <br> SOFR + 2.500%) | 6.163% | &nbsp;&nbsp; 12/16/32 | &nbsp;&nbsp; 50700<br>| &nbsp;&nbsp;&nbsp; 50966<br> <sup>(g)(k)(l)(o)</sup><br>|
| &nbsp;&nbsp;&nbsp; Thermostat Purchaser III Inc., Initial Term Loan B1 (3 mo. Term SOFR + <br> 4.250%) | 7.950% | &nbsp;&nbsp; 8/31/28 | &nbsp;&nbsp; 516256<br>| &nbsp;&nbsp;&nbsp; 507544<br> <sup>(g)(k)(l)</sup><br>|
| *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | &nbsp;&nbsp; *3297246* |
| *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* |
| &nbsp;&nbsp;&nbsp; Osmose Utilities Services Inc., First Lien Initial Term Loan (1 mo. Term SOFR <br> + 3.364%)  | 7.017% | &nbsp;&nbsp; 6/23/28 | &nbsp;&nbsp; 527811<br>| &nbsp;&nbsp;&nbsp;&nbsp; *526821*<br> <sup>(g)(k)(l)(m)</sup><br>|
| *Machinery — 0.3%* | *Machinery — 0.3%* | *Machinery — 0.3%* | *Machinery — 0.3%* | *Machinery — 0.3%* |
| &nbsp;&nbsp;&nbsp; Dynamo US Bidco Inc., Term Loan B1 (1 mo. Term SOFR + 3.250%)  | 6.907% | &nbsp;&nbsp; 9/30/31 | &nbsp;&nbsp; 965355<br>| &nbsp;&nbsp;&nbsp;&nbsp; *866406*<br> <sup>(g)(k)(l)</sup><br>|
| *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Contingent DIP Facility |  | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 788324<br>| &nbsp;&nbsp;&nbsp; 354,746<br> \*<sup>(f)(n)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Contingent DIP Facility Initial Term Loan |  | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 300340<br>| &nbsp;&nbsp;&nbsp; 6,007<br> \*<sup>(f)(n)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, New Money Term Loan (1 mo. Term SOFR + 8.000%) | 11.668% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 128195<br>| &nbsp;&nbsp;&nbsp; 124990<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Second New Money Term Loan (1 mo. Term SOFR + <br> 8.000%) | 11.668% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 31793<br>| &nbsp;&nbsp;&nbsp; 30998<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Third DIP New Money Term Loan (1 mo. Term SOFR + <br> 8.000%) | 11.668% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 62793<br>| &nbsp;&nbsp;&nbsp; 61223<br> <sup>(g)(k)(l)</sup><br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *577964* |
| *Professional Services — 0.2%* | *Professional Services — 0.2%* | *Professional Services — 0.2%* | *Professional Services — 0.2%* | *Professional Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; Dayforce Bidco LLC, Initial Term Loan (3 mo. Term SOFR + 3.000%)  | 6.663% | &nbsp;&nbsp; 2/4/33 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *851288*<br> <sup>(g)(k)(l)</sup><br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **6806829** |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| **Information Technology — 2.9%** | **Information Technology — 2.9%** | **Information Technology — 2.9%** | **Information Technology — 2.9%** | **Information Technology — 2.9%** |
| *IT Services — 0.9%* | *IT Services — 0.9%* | *IT Services — 0.9%* | *IT Services — 0.9%* | *IT Services — 0.9%* |
| &nbsp;&nbsp;&nbsp; Evertec Group LLC, Term Loan B (1 mo. Term SOFR + 2.250%) | 5.902% | &nbsp;&nbsp; 10/30/30 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; $702625<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Leia Finco US LLC, Initial Term Loan (3 mo. Term SOFR + 3.250%) | 6.927% | &nbsp;&nbsp; 10/9/31 | &nbsp;&nbsp; 851443<br>| &nbsp;&nbsp;&nbsp; 802668<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Project Alpha Intermediate Holding Inc., First Lien Incremental Term Loan B <br> (3 mo. Term SOFR + 3.250%) | 6.950% | &nbsp;&nbsp; 10/28/30 | &nbsp;&nbsp; 975199<br>| &nbsp;&nbsp;&nbsp; 770408<br> <sup>(f)(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; UST Global Inc., Initial Term Loan (1 mo. Term SOFR + 3.000%) | 6.652% | &nbsp;&nbsp; 11/20/28 | &nbsp;&nbsp; 663274<br>| &nbsp;&nbsp;&nbsp; 651666<br> <sup>(f)(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; VT Topco Inc., Second Amendment Term Loan |  | &nbsp;&nbsp; 8/9/30 | &nbsp;&nbsp; 89772<br>| &nbsp;&nbsp;&nbsp; 88497<br> <sup>(m)</sup><br>|
| *Total IT Services* | *Total IT Services* | *Total IT Services* | *Total IT Services* | &nbsp;&nbsp; *3015864* |
| *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* |
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 1 LLC, Term Loan | 10.000% | &nbsp;&nbsp; 11/20/30 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 921142<br> <sup>(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC, Initial Term Loan | 7.375% | &nbsp;&nbsp; 2/6/31 | &nbsp;&nbsp; 890000<br>| &nbsp;&nbsp;&nbsp; 921150<br> <sup>(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 3 LLC, Term Loan | 6.875% | &nbsp;&nbsp; 4/24/30 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 386145<br> <sup>(e)(f)(g)(k)(l)</sup><br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *2228437* |
| *Software — 1.3%* | *Software — 1.3%* | *Software — 1.3%* | *Software — 1.3%* | *Software — 1.3%* |
| &nbsp;&nbsp;&nbsp; Calabrio/Verint, First Out Term Loan (3 mo. Term SOFR + 4.000%) | 7.673% | &nbsp;&nbsp; 11/26/32 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 165835<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Tenth Amendment Term Loan B2 (3 mo. Term <br> SOFR + 3.250%) | 6.950% | &nbsp;&nbsp; 3/21/31 | &nbsp;&nbsp; 518697<br>| &nbsp;&nbsp;&nbsp; 481255<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cloudera Inc., Term Loan (1 mo. Term SOFR + 3.850%) | 7.502% | &nbsp;&nbsp; 10/8/28 | &nbsp;&nbsp; 622037<br>| &nbsp;&nbsp;&nbsp; 562169<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; DCert Buyer Inc., Second Lien Initial Term Loan (1 mo. Term SOFR + 7.000%) | 10.652% | &nbsp;&nbsp; 2/19/29 | &nbsp;&nbsp; 520043<br>| &nbsp;&nbsp;&nbsp; 408234<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Gen Digital Inc, Additional Term Loan B1 (1 mo. Term SOFR + 1.750%) | 5.402% | &nbsp;&nbsp; 9/12/29 | &nbsp;&nbsp; 418351<br>| &nbsp;&nbsp;&nbsp; 412569<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Modena Buyer LLC, Initial Term Loan (3 mo. Term SOFR + 4.250%) | 7.913% | &nbsp;&nbsp; 7/1/31 | &nbsp;&nbsp; 878195<br>| &nbsp;&nbsp;&nbsp; 797085<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Relativity Intermediate Holdco LLC, Term Loan (1 mo. Term SOFR + 2.750%) | 6.402% | &nbsp;&nbsp; 1/30/33 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 179250<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Starlight Parent LLC, Term Loan (3 mo. Term SOFR + 4.000%) | 7.674% | &nbsp;&nbsp; 4/16/32 | &nbsp;&nbsp; 878141<br>| &nbsp;&nbsp;&nbsp; 748615<br> <sup>(f)(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; UKG Inc., Term Loan B (3 mo. Term SOFR + 2.500%) | 6.163% | &nbsp;&nbsp; 2/10/31 | &nbsp;&nbsp; 478797<br>| &nbsp;&nbsp;&nbsp; 462820<br> <sup>(g)(k)(l)(m)</sup><br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *4217832* |
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **9462133** |
| **Materials — 0.8%** | **Materials — 0.8%** | **Materials — 0.8%** | **Materials — 0.8%** | **Materials — 0.8%** |
| *Chemicals — 0.5%* | *Chemicals — 0.5%* | *Chemicals — 0.5%* | *Chemicals — 0.5%* | *Chemicals — 0.5%* |
| &nbsp;&nbsp;&nbsp; A-Ap Buyer Inc., Initial Term Loan (3 mo. Term SOFR + 2.750%) | 6.413% | &nbsp;&nbsp; 9/9/31 | &nbsp;&nbsp; 308438<br>| &nbsp;&nbsp;&nbsp; 310110<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; ARC Falcon I Inc., Initial Term Loan B (1 mo. Term SOFR + 4.500%) | 8.165% | &nbsp;&nbsp; 4/1/33 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 460600<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hexion Holdings Corp., 2024 Refinancing Term Loan (1 mo. Term SOFR + <br> 4.000%) | 7.652% | &nbsp;&nbsp; 3/15/29 | &nbsp;&nbsp; 501569<br>| &nbsp;&nbsp;&nbsp; 487526<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Natgasoline LLC, Term Loan B (3 mo. Term SOFR + 5.500%) | 9.173% | &nbsp;&nbsp; 3/29/30 | &nbsp;&nbsp; 497250<br>| &nbsp;&nbsp;&nbsp; 502635<br> <sup>(g)(k)(l)</sup><br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *1760871* |
| *Containers & Packaging — 0.2%* | *Containers & Packaging — 0.2%* | *Containers & Packaging — 0.2%* | *Containers & Packaging — 0.2%* | *Containers & Packaging — 0.2%* |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings Inc., 2025 Incremental Closing Date Term <br> Loan B (1 mo. Term SOFR + 3.250%) | 6.902% | &nbsp;&nbsp; 4/1/32 | &nbsp;&nbsp; 269322<br>| &nbsp;&nbsp;&nbsp; 250598<br> <sup>(g)(k)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings Inc., Term Loan B (1 mo. Term SOFR + <br> 3.175%) | 6.827% | &nbsp;&nbsp; 4/13/29 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 258340<br> <sup>(g)(k)(l)</sup><br>|
| *Total Containers & Packaging* | *Total Containers & Packaging* | *Total Containers & Packaging* | *Total Containers & Packaging* | &nbsp;&nbsp; *508938* |
| *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* | *Metals & Mining — 0.1%* |
| &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. Ltd., Second Lien Term Loan (3 mo. CORRA + <br> 2.000%)  | 4.314% | &nbsp;&nbsp; 6/30/26 | &nbsp;&nbsp; 1456185<br>| &nbsp;&nbsp;&nbsp;&nbsp; *370179*<br> <sup>(e)(f)(g)(k)(l)</sup><br>|
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **2639988** |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| **Utilities — 0.1%** | **Utilities — 0.1%** | **Utilities — 0.1%** | **Utilities — 0.1%** | **Utilities — 0.1%** |
| *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, 2025 Incremental Term Loan B (1 mo. Term SOFR + <br> 2.000%)  | 5.652% | &nbsp;&nbsp; 11/25/32 | &nbsp;&nbsp; 279300<br>| &nbsp;&nbsp;&nbsp;&nbsp; **$280064**<br> <sup>(g)(k)(l)</sup><br>|
| **Total Senior Loans (Cost — $57,412,571)** | **Total Senior Loans (Cost — $57,412,571)** | **Total Senior Loans (Cost — $57,412,571)** | **Total Senior Loans (Cost — $57,412,571)** | &nbsp;&nbsp; **53125485** |
|  |  |  | &nbsp;&nbsp; Face <br>Amount†/ <br>Units<br>|  |
| **Asset-Backed Securities — 11.6%** | **Asset-Backed Securities — 11.6%** | **Asset-Backed Securities — 11.6%** | **Asset-Backed Securities — 11.6%** | **Asset-Backed Securities — 11.6%** |
| &nbsp;&nbsp;&nbsp; 720 East CLO Ltd., 2022-1A ER (3 mo. Term SOFR + 5.900%) | &nbsp;&nbsp; 9.575% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 244111<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; 720 East CLO Ltd., 2025-7A E (3 mo. Term SOFR + 4.750%) | &nbsp;&nbsp; 8.425% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 780000<br>| &nbsp;&nbsp;&nbsp; 768260<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Abry Liquid Credit CLO Ltd., 2025-2A D (3 mo. Term SOFR + 3.150%) | &nbsp;&nbsp; 6.835% | &nbsp;&nbsp; 1/15/39 | &nbsp;&nbsp; 580000<br>| &nbsp;&nbsp;&nbsp; 586472<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; AGL CLO Ltd., 2025-44A E (3 mo. Term SOFR + 4.750%) | &nbsp;&nbsp; 8.414% | &nbsp;&nbsp; 10/22/37 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 664373<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; AMMC CLO Ltd., 2024-30A D1R (3 mo. Term SOFR + 2.650%) | &nbsp;&nbsp; 6.243% | &nbsp;&nbsp; 4/15/39 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 466833<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; AMMC CLO Ltd., 2022-27A DR (3 mo. Term SOFR + 2.700%) | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 1/20/37 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 489961<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apex Credit CLO LLC, 2021-2A CR (3 mo. Term SOFR + 3.750%) | &nbsp;&nbsp; 7.425% | &nbsp;&nbsp; 10/20/34 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 280522<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ares CLO Ltd., 2017-44A CRR (3 mo. Term SOFR + 2.750%) | &nbsp;&nbsp; 6.423% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 494358<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Arini US CLO Ltd., 3A E (3 mo. Term SOFR + 5.250%) | &nbsp;&nbsp; 9.011% | &nbsp;&nbsp; 1/15/39 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 459868<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, 2024-2A D | &nbsp;&nbsp; 7.430% | &nbsp;&nbsp; 10/20/28 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 810294<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Black Diamond CLO Ltd., 2021-1A CR (3 mo. Term SOFR + 3.900%) | &nbsp;&nbsp; 7.564% | &nbsp;&nbsp; 11/22/34 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 688798<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Blueberry Park CLO Ltd., 2024-1A D1 (3 mo. Term SOFR + 2.900%) | &nbsp;&nbsp; 6.575% | &nbsp;&nbsp; 10/20/37 | &nbsp;&nbsp; 1430000<br>| &nbsp;&nbsp;&nbsp; 1419628<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bravo Mortgage Asset Trust, 2006-1A M1 (1 mo. Term SOFR + 0.714%) | &nbsp;&nbsp; 4.369% | &nbsp;&nbsp; 7/25/36 | &nbsp;&nbsp; 1855856<br>| &nbsp;&nbsp;&nbsp; 1697275<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capital Four US CLO Ltd., 2021-1A DR (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.925% | &nbsp;&nbsp; 1/18/35 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 660058<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capital Four US CLO Ltd., 2025-4A D1 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.925% | &nbsp;&nbsp; 10/18/38 | &nbsp;&nbsp; 580000<br>| &nbsp;&nbsp;&nbsp; 586526<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; CIFC Funding Ltd., 2017-3A D1R (3 mo. Term SOFR + 3.700%) | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 782778<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Columbia Cent CLO Ltd., 2025-35A D1A (3 mo. Term SOFR + 3.500%) | &nbsp;&nbsp; 7.167% | &nbsp;&nbsp; 7/25/36 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; 562595<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dryden Senior Loan Fund, 2017-49A DR (3 mo. Term SOFR + 3.662%) | &nbsp;&nbsp; 7.337% | &nbsp;&nbsp; 7/18/30 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 755001<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dryden CLO Ltd., 2022-113A D1R3 (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.673% | &nbsp;&nbsp; 10/15/37 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 601457<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Franklin Mortgage Loan Trust, 2003-FF4 M1 (1 mo. Term SOFR + <br> 1.914%) | &nbsp;&nbsp; 5.579% | &nbsp;&nbsp; 10/25/33 | &nbsp;&nbsp; 296558<br>| &nbsp;&nbsp;&nbsp; 296124<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Galaxy CLO Ltd., 2016-22A DR4 (3 mo. Term SOFR + 2.500%) | &nbsp;&nbsp; 6.180% | &nbsp;&nbsp; 4/16/34 | &nbsp;&nbsp; 650000<br>| &nbsp;&nbsp;&nbsp; 640759<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Greywolf CLO Ltd., 2019-1A CR2 (3 mo. Term SOFR + 3.500%) | &nbsp;&nbsp; 7.180% | &nbsp;&nbsp; 4/17/34 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 346625<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hayfin US Ltd., 2024-15A D1 (3 mo. Term SOFR + 4.260%) | &nbsp;&nbsp; 7.930% | &nbsp;&nbsp; 4/28/37 | &nbsp;&nbsp; 1680000<br>| &nbsp;&nbsp;&nbsp; 1696990<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Home Equity Asset Trust, 2005-6 M5 (1 mo. Term SOFR + 1.059%) | &nbsp;&nbsp; 4.714% | &nbsp;&nbsp; 12/25/35 | &nbsp;&nbsp; 1190000<br>| &nbsp;&nbsp;&nbsp; 1166675<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Huntington Bank Auto Credit-Linked Notes, 2025-1 D (30 Day Average SOFR <br> + 3.500%) | &nbsp;&nbsp; 7.140% | &nbsp;&nbsp; 3/21/33 | &nbsp;&nbsp; 598658<br>| &nbsp;&nbsp;&nbsp; 592403<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jamestown CLO Ltd., 2016-9A CR3 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.917% | &nbsp;&nbsp; 7/25/34 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 486893<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Katayma CLO Ltd., 2024-2A D (3 mo. Term SOFR + 4.500%) | &nbsp;&nbsp; 8.175% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 683251<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; KKR CLO Ltd., 17 ER (3 mo. Term SOFR + 7.652%) | &nbsp;&nbsp; 11.325% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 624424<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Long Beach Mortgage Loan Trust, 2005-1 M4 (1 mo. Term SOFR + 1.389%) | &nbsp;&nbsp; 5.044% | &nbsp;&nbsp; 2/25/35 | &nbsp;&nbsp; 1022786<br>| &nbsp;&nbsp;&nbsp; 1012047<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Madison Park Funding Ltd., 2016-24A DR2 (3 mo. Term SOFR + 2.950%) | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 10/20/29 | &nbsp;&nbsp; 1510000<br>| &nbsp;&nbsp;&nbsp; 1514781<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Magnetite Ltd., 2019-22A DRR (3 mo. Term SOFR + 2.900%) | &nbsp;&nbsp; 6.573% | &nbsp;&nbsp; 7/15/36 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1001458<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mastr Asset Backed Securities Trust, 2007-HE2 A1 (1 mo. Term SOFR + <br> 1.264%) | &nbsp;&nbsp; 4.919% | &nbsp;&nbsp; 8/25/37 | &nbsp;&nbsp; 1389762<br>| &nbsp;&nbsp;&nbsp; 1236839<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley ABS Capital Inc. Trust, 2004-NC4 M1 (1 mo. Term SOFR + <br> 0.924%) | &nbsp;&nbsp; 4.579% | &nbsp;&nbsp; 4/25/34 | &nbsp;&nbsp; 1284227<br>| &nbsp;&nbsp;&nbsp; 1329409<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mountain View CLO Ltd., 2015-9A CR (3 mo. Term SOFR + 3.382%) | &nbsp;&nbsp; 7.055% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 580000<br>| &nbsp;&nbsp;&nbsp; 583423<br> <sup>(a)(g)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†/<br> Units<br>| Value |
| **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** | **Asset-Backed Securities — continued** |
| &nbsp;&nbsp;&nbsp; Mountain View CLO Ltd., 2025-1A D1 (3 mo. Term SOFR + 3.400%) | &nbsp;&nbsp; 7.080% | &nbsp;&nbsp; 10/17/38 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; $465788<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; National Collegiate Student Loan Trust, 2005-1 B (1 mo. Term SOFR + <br> 0.494%) | &nbsp;&nbsp; 4.149% | &nbsp;&nbsp; 3/26/35 | &nbsp;&nbsp; 377723<br>| &nbsp;&nbsp;&nbsp; 357928<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; National Collegiate Student Loan Trust, 2005-3 B (1 mo. Term SOFR + <br> 0.614%) | &nbsp;&nbsp; 4.269% | &nbsp;&nbsp; 7/27/37 | &nbsp;&nbsp; 1036492<br>| &nbsp;&nbsp;&nbsp; 843049<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; National Collegiate Student Loan Trust, 2007-2 A4 (1 mo. Term SOFR + <br> 0.404%) | &nbsp;&nbsp; 4.059% | &nbsp;&nbsp; 1/25/33 | &nbsp;&nbsp; 191062<br>| &nbsp;&nbsp;&nbsp; 189098<br> <sup>(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Mountain CLO Ltd., 5A D1R (3 mo. Term SOFR + 3.150%) | &nbsp;&nbsp; 6.825% | &nbsp;&nbsp; 7/20/36 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 499825<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; NMEF Funding LLC, 2025-A D | &nbsp;&nbsp; 8.070% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 780000<br>| &nbsp;&nbsp;&nbsp; 794951<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ocean Trails CLO Ltd., 2020-10A ER (3 mo. Term SOFR + 7.832%) | &nbsp;&nbsp; 11.505% | &nbsp;&nbsp; 10/15/34 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 726952<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; OCP CLO Ltd., 2023-26A ER (3 mo. Term SOFR + 4.450%) | &nbsp;&nbsp; 8.130% | &nbsp;&nbsp; 4/17/37 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 969890<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; OHA Credit Funding Ltd., 2022-11A D1R (3 mo. Term SOFR + 2.850%) | &nbsp;&nbsp; 6.525% | &nbsp;&nbsp; 7/19/37 | &nbsp;&nbsp; 1680000<br>| &nbsp;&nbsp;&nbsp; 1684102<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pixley Park CLO Ltd., 2024-1A E (3 mo. Term SOFR + 5.000%) | &nbsp;&nbsp; 8.673% | &nbsp;&nbsp; 1/15/37 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 440971<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Popular ABS Mortgage Pass-Through Trust, 2005-2 M2 | &nbsp;&nbsp; 6.217% | &nbsp;&nbsp; 4/25/35 | &nbsp;&nbsp; 1253266<br>| &nbsp;&nbsp;&nbsp; 1091541<br>|
| &nbsp;&nbsp;&nbsp; Renew, 2024-1A B | &nbsp;&nbsp; 9.001% | &nbsp;&nbsp; 11/20/59 | &nbsp;&nbsp; 573902<br>| &nbsp;&nbsp;&nbsp; 577111<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RR Ltd., 2021-18A DR (3 mo. Term SOFR + 4.900%) | &nbsp;&nbsp; 8.573% | &nbsp;&nbsp; 7/15/40 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; 712037<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, 2015-C R | &nbsp;&nbsp; 11.017% | &nbsp;&nbsp; 9/18/46 | &nbsp;&nbsp; 1092<br>| &nbsp;&nbsp;&nbsp; 294366<br> <sup>(a)(p)</sup><br>|
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Corp. Mortgage Loan Trust, 2006-ARS1 A1 (1 <br> mo. Term SOFR + 0.334%) | &nbsp;&nbsp; 3.989% | &nbsp;&nbsp; 2/25/36 | &nbsp;&nbsp; 3084372<br>| &nbsp;&nbsp;&nbsp; 52457<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunnova Hellios Issuer LLC, 2019-AA C | &nbsp;&nbsp; 5.320% | &nbsp;&nbsp; 6/20/46 | &nbsp;&nbsp; 1544414<br>| &nbsp;&nbsp;&nbsp; 1391959<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Trestles CLO Ltd., 2025-8A D1 (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.675% | &nbsp;&nbsp; 6/11/35 | &nbsp;&nbsp; 630000<br>| &nbsp;&nbsp;&nbsp; 632706<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wellesley Park CLO Ltd., 2025-1A E (3 mo. Term SOFR + 4.600%) | &nbsp;&nbsp; 8.267% | &nbsp;&nbsp; 1/24/39 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 335812<br> <sup>(a)(g)</sup><br>|
| **Total Asset-Backed Securities (Cost — $43,079,893)** | **Total Asset-Backed Securities (Cost — $43,079,893)** | **Total Asset-Backed Securities (Cost — $43,079,893)** | **Total Asset-Backed Securities (Cost — $43,079,893)** | &nbsp;&nbsp; **38291812** |
|  |  |  | &nbsp;&nbsp; Face <br>Amount†<br>|  |
| **Sovereign Bonds — 5.7%** | **Sovereign Bonds — 5.7%** | **Sovereign Bonds — 5.7%** | **Sovereign Bonds — 5.7%** | **Sovereign Bonds — 5.7%** |
| *Angola — 0.3%* | *Angola — 0.3%* | *Angola — 0.3%* | *Angola — 0.3%* | *Angola — 0.3%* |
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 11/26/29 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 347957<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 4/14/32 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; 594661<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 9.375% | &nbsp;&nbsp; 3/31/33 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 212033<br> <sup>(a)</sup><br>|
| *Total Angola* | *Total Angola* | *Total Angola* | *Total Angola* | &nbsp;&nbsp; *1154651* |
| *Argentina — 0.3%* | *Argentina — 0.3%* | *Argentina — 0.3%* | *Argentina — 0.3%* | *Argentina — 0.3%* |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, Senior Notes, Step <br> bond (0.750% to 7/9/27 then 1.750%) | &nbsp;&nbsp; 0.750% | &nbsp;&nbsp; 7/9/30 | &nbsp;&nbsp; 146792<br>| &nbsp;&nbsp;&nbsp; 126616<br>|
| &nbsp;&nbsp;&nbsp; Provincia de Buenos Aires, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 9/1/37 | &nbsp;&nbsp; 439249<br>| &nbsp;&nbsp;&nbsp; 340063<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Provincia de Cordoba, Senior Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 7/2/32 | &nbsp;&nbsp; 637000<br>| &nbsp;&nbsp;&nbsp; 663595<br> <sup>(a)</sup><br>|
| *Total Argentina* | *Total Argentina* | *Total Argentina* | *Total Argentina* | &nbsp;&nbsp; *1130274* |
| *Bahamas — 0.3%* | *Bahamas — 0.3%* | *Bahamas — 0.3%* | *Bahamas — 0.3%* | *Bahamas — 0.3%* |
| &nbsp;&nbsp;&nbsp; Bahamas Government International Bond, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 6/24/36 | &nbsp;&nbsp; 910000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1015278*<br> <sup>(a)</sup><br>|
| *Brazil — 0.8%* | *Brazil — 0.8%* | *Brazil — 0.8%* | *Brazil — 0.8%* | *Brazil — 0.8%* |
| &nbsp;&nbsp;&nbsp; Brazil Notas do Tesouro Nacional Serie F, Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 1/1/31 | &nbsp;&nbsp; 14652000 <br><sup>BRL</sup><br>| &nbsp;&nbsp;&nbsp; *2600617*<br>|
| *Dominican Republic — 0.1%* | *Dominican Republic — 0.1%* | *Dominican Republic — 0.1%* | *Dominican Republic — 0.1%* | *Dominican Republic — 0.1%* |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 9/23/32 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *293244*<br> <sup>(d)</sup><br>|
| *Ecuador — 0.2%* | *Ecuador — 0.2%* | *Ecuador — 0.2%* | *Ecuador — 0.2%* | *Ecuador — 0.2%* |
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond, Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 1/29/34 | &nbsp;&nbsp; 510000<br>| &nbsp;&nbsp;&nbsp; 521475<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Ecuador — continued* | *Ecuador — continued* | *Ecuador — continued* | *Ecuador — continued* | *Ecuador — continued* |
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond, Senior Notes | &nbsp;&nbsp; 6.900% | &nbsp;&nbsp; 7/31/35 | &nbsp;&nbsp; 174514<br>| &nbsp;&nbsp;&nbsp; $161513<br> <sup>(d)</sup><br>|
| *Total Ecuador* | *Total Ecuador* | *Total Ecuador* | *Total Ecuador* | &nbsp;&nbsp; *682988* |
| *Egypt — 0.1%* | *Egypt — 0.1%* | *Egypt — 0.1%* | *Egypt — 0.1%* | *Egypt — 0.1%* |
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, Senior Notes | &nbsp;&nbsp; 7.053% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *452867*<br> <sup>(d)</sup><br>|
| *El Salvador — 0.2%* | *El Salvador — 0.2%* | *El Salvador — 0.2%* | *El Salvador — 0.2%* | *El Salvador — 0.2%* |
| &nbsp;&nbsp;&nbsp; El Salvador Government International Bond, Senior Notes | &nbsp;&nbsp; 9.650% | &nbsp;&nbsp; 11/21/54 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *598264*<br> <sup>(a)</sup><br>|
| *Ethiopia — 0.1%* | *Ethiopia — 0.1%* | *Ethiopia — 0.1%* | *Ethiopia — 0.1%* | *Ethiopia — 0.1%* |
| &nbsp;&nbsp;&nbsp; Ethiopia International Bond, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 12/11/26 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; *319,294*<br> \*<sup>(d)(n)</sup><br>|
| *Ghana — 0.1%* | *Ghana — 0.1%* | *Ghana — 0.1%* | *Ghana — 0.1%* | *Ghana — 0.1%* |
| &nbsp;&nbsp;&nbsp; Ghana Government International Bond, Senior Notes, Step bond (5.000% to <br> 7/3/28 then 6.000%) | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 7/3/35 | &nbsp;&nbsp; 211560<br>| &nbsp;&nbsp;&nbsp;&nbsp; *194693*<br> <sup>(a)</sup><br>|
| *Ivory Coast — 0.1%* | *Ivory Coast — 0.1%* | *Ivory Coast — 0.1%* | *Ivory Coast — 0.1%* | *Ivory Coast — 0.1%* |
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 1/30/33 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *325787*<br> <sup>(a)</sup><br>|
| *Jamaica — 0.2%* | *Jamaica — 0.2%* | *Jamaica — 0.2%* | *Jamaica — 0.2%* | *Jamaica — 0.2%* |
| &nbsp;&nbsp;&nbsp; Jamaica Government International Bond, Senior Notes | &nbsp;&nbsp; 9.625% | &nbsp;&nbsp; 11/3/30 | &nbsp;&nbsp; 110000000 <br><sup>JMD</sup><br>| &nbsp;&nbsp;&nbsp; *739416*<br>|
| *Jordan — 0.1%* | *Jordan — 0.1%* | *Jordan — 0.1%* | *Jordan — 0.1%* | *Jordan — 0.1%* |
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 1/15/28 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *278271*<br> <sup>(a)</sup><br>|
| *Mexico — 1.5%* | *Mexico — 1.5%* | *Mexico — 1.5%* | *Mexico — 1.5%* | *Mexico — 1.5%* |
| &nbsp;&nbsp;&nbsp; Eagle Funding Luxco Sarl, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 8/17/30 | &nbsp;&nbsp; 510000<br>| &nbsp;&nbsp;&nbsp; 514564<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mexican Bonos, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 11/23/34 | &nbsp;&nbsp; 68720000 <br><sup>MXN</sup><br>| &nbsp;&nbsp;&nbsp; 3606260<br>|
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond, Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 5/7/36 | &nbsp;&nbsp; 820000<br>| &nbsp;&nbsp;&nbsp; 824510<br>|
| *Total Mexico* | *Total Mexico* | *Total Mexico* | *Total Mexico* | &nbsp;&nbsp; *4945334* |
| *Mozambique — 0.1%* | *Mozambique — 0.1%* | *Mozambique — 0.1%* | *Mozambique — 0.1%* | *Mozambique — 0.1%* |
| &nbsp;&nbsp;&nbsp; Mozambique International Bond, Senior Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *172594*<br> <sup>(d)</sup><br>|
| *Nigeria — 0.2%* | *Nigeria — 0.2%* | *Nigeria — 0.2%* | *Nigeria — 0.2%* | *Nigeria — 0.2%* |
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond, Senior Notes | &nbsp;&nbsp; 7.143% | &nbsp;&nbsp; 2/23/30 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *538272*<br> <sup>(d)</sup><br>|
| *Paraguay — 0.1%* | *Paraguay — 0.1%* | *Paraguay — 0.1%* | *Paraguay — 0.1%* | *Paraguay — 0.1%* |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond, Senior Notes | &nbsp;&nbsp; 6.650% | &nbsp;&nbsp; 3/4/55 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *211550*<br> <sup>(a)</sup><br>|
| *Romania — 0.1%* | *Romania — 0.1%* | *Romania — 0.1%* | *Romania — 0.1%* | *Romania — 0.1%* |
| &nbsp;&nbsp;&nbsp; Romanian Government International Bond, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 2/10/37 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *331353*<br> <sup>(a)</sup><br>|
| *Senegal — 0.0%††* | *Senegal — 0.0%††* | *Senegal — 0.0%††* | *Senegal — 0.0%††* | *Senegal — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Senegal Government International Bond, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 5/23/33 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *170120*<br> <sup>(d)</sup><br>|
| *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, Senior Notes | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 4/15/28 | &nbsp;&nbsp; 36547<br>| &nbsp;&nbsp;&nbsp; 34911<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, Senior Notes, Step bond (3.100% <br> to 7/15/27 then 3.350%) | &nbsp;&nbsp; 3.100% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 13867<br>| &nbsp;&nbsp;&nbsp; 13220<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, Senior Notes, Step bond (3.350% <br> to 9/15/27 then 3.600%) | &nbsp;&nbsp; 3.350% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 105659<br>| &nbsp;&nbsp;&nbsp; 94536<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, Senior Notes, Step bond (3.600% <br> to 12/15/27 then 5.100%) | &nbsp;&nbsp; 3.600% | &nbsp;&nbsp; 6/15/35 | &nbsp;&nbsp; 71344<br>| &nbsp;&nbsp;&nbsp; 55092<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, Senior Notes, Step bond (3.600% <br> to 8/15/27 then 3.850%) | &nbsp;&nbsp; 3.600% | &nbsp;&nbsp; 2/15/38 | &nbsp;&nbsp; 99071<br>| &nbsp;&nbsp;&nbsp; 93548<br> <sup>(a)</sup><br>|
| *Total Sri Lanka* | *Total Sri Lanka* | *Total Sri Lanka* | *Total Sri Lanka* | &nbsp;&nbsp; *291307* |
| *Supranational — 0.5%* | *Supranational — 0.5%* | *Supranational — 0.5%* | *Supranational — 0.5%* | *Supranational — 0.5%* |
| &nbsp;&nbsp;&nbsp; Inter-American Development Bank, Senior Notes | &nbsp;&nbsp; 7.350% | &nbsp;&nbsp; 10/6/30 | &nbsp;&nbsp; 164000000 <br><sup>INR</sup><br>| &nbsp;&nbsp;&nbsp; *1716017*<br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | &nbsp;&nbsp; Maturity<br> Date<br>| &nbsp;&nbsp; Face<br> Amount†<br>| Value |
| *Ukraine — 0.2%* | *Ukraine — 0.2%* | *Ukraine — 0.2%* | *Ukraine — 0.2%* | *Ukraine — 0.2%* |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond (0.000% <br> to 2/1/27 then 3.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/1/34 | &nbsp;&nbsp; 335938<br>| &nbsp;&nbsp;&nbsp; $159677<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond (4.500% <br> to 2/1/27 then 6.000%) | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 2/1/34 | &nbsp;&nbsp; 329150<br>| &nbsp;&nbsp;&nbsp; 202314<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond (0.000% <br> to 2/1/27 then 3.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/1/35 | &nbsp;&nbsp; 283891<br>| &nbsp;&nbsp;&nbsp; 145057<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond (4.500% <br> to 2/1/27 then 6.000%) | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 540586<br>| &nbsp;&nbsp;&nbsp; 321418<br> <sup>(d)</sup><br>|
| *Total Ukraine* | *Total Ukraine* | *Total Ukraine* | *Total Ukraine* | &nbsp;&nbsp; *828466* |
| **Total Sovereign Bonds (Cost — $18,265,896)** | **Total Sovereign Bonds (Cost — $18,265,896)** | **Total Sovereign Bonds (Cost — $18,265,896)** | **Total Sovereign Bonds (Cost — $18,265,896)** | &nbsp;&nbsp; **18990657** |
| **Mortgage-Backed Securities — 0.6%** | **Mortgage-Backed Securities — 0.6%** | **Mortgage-Backed Securities — 0.6%** | **Mortgage-Backed Securities — 0.6%** | **Mortgage-Backed Securities — 0.6%** |
| *FHLMC — 0.1%* | *FHLMC — 0.1%* | *FHLMC — 0.1%* | *FHLMC — 0.1%* | *FHLMC — 0.1%* |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) | &nbsp;&nbsp; 2.500% | &nbsp;&nbsp; 11/1/51 | &nbsp;&nbsp; 303755<br>| &nbsp;&nbsp;&nbsp; *259681*<br>|
| *FNMA — 0.3%* | *FNMA — 0.3%* | *FNMA — 0.3%* | *FNMA — 0.3%* | *FNMA — 0.3%* |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) | &nbsp;&nbsp; 2.500% | &nbsp;&nbsp; 1/1/52 | &nbsp;&nbsp; 368282<br>| &nbsp;&nbsp;&nbsp; 311016<br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 5/1/54 | &nbsp;&nbsp; 411446<br>| &nbsp;&nbsp;&nbsp; 420977<br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 11/1/54 | &nbsp;&nbsp; 190442<br>| &nbsp;&nbsp;&nbsp; 187961<br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) | &nbsp;&nbsp; 3.000% | &nbsp;&nbsp; 5/1/56 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 262682<br> <sup>(q)</sup><br>|
| *Total FNMA* | *Total FNMA* | *Total FNMA* | *Total FNMA* | &nbsp;&nbsp; *1182636* |
| *GNMA — 0.2%* | *GNMA — 0.2%* | *GNMA — 0.2%* | *GNMA — 0.2%* | *GNMA — 0.2%* |
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA) II | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 5/20/48 | &nbsp;&nbsp; 77173<br>| &nbsp;&nbsp;&nbsp; 73610<br>|
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA) II | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 9/20/50 | &nbsp;&nbsp; 93110<br>| &nbsp;&nbsp;&nbsp; 91567<br>|
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA) II | &nbsp;&nbsp; 2.500% | &nbsp;&nbsp; 5/20/52 | &nbsp;&nbsp; 144486<br>| &nbsp;&nbsp;&nbsp; 123971<br>|
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA) II | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 5/20/52 | &nbsp;&nbsp; 144595<br>| &nbsp;&nbsp;&nbsp; 131939<br>|
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA) II | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 5/20/53 | &nbsp;&nbsp; 72619<br>| &nbsp;&nbsp;&nbsp; 74004<br>|
| &nbsp;&nbsp;&nbsp; Government National Mortgage Association (GNMA) II | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 9/20/53 | &nbsp;&nbsp; 81114<br>| &nbsp;&nbsp;&nbsp; 80779<br>|
| *Total GNMA* | *Total GNMA* | *Total GNMA* | *Total GNMA* | &nbsp;&nbsp; *575870* |
| **Total Mortgage-Backed Securities (Cost — $2,005,847)** | **Total Mortgage-Backed Securities (Cost — $2,005,847)** | **Total Mortgage-Backed Securities (Cost — $2,005,847)** | **Total Mortgage-Backed Securities (Cost — $2,005,847)** | &nbsp;&nbsp; **2018187** |
|  |  |  | Shares |  |
| **Common Stocks — 0.3%** | **Common Stocks — 0.3%** | **Common Stocks — 0.3%** | **Common Stocks — 0.3%** | **Common Stocks — 0.3%** |
| **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** |
| *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* | *Diversified Telecommunication Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco | &nbsp;&nbsp;&nbsp; Altice France Luxco |  | &nbsp;&nbsp; 29268 | &nbsp;&nbsp;&nbsp; **604,945**<br> \*<br>|
| **Health Care — 0.0%††** | **Health Care — 0.0%††** | **Health Care — 0.0%††** | **Health Care — 0.0%††** | **Health Care — 0.0%††** |
| *Health Care Providers & Services — 0.0%††* | *Health Care Providers & Services — 0.0%††* | *Health Care Providers & Services — 0.0%††* | *Health Care Providers & Services — 0.0%††* | *Health Care Providers & Services — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Sonrava Health Holdings LLC | &nbsp;&nbsp;&nbsp; Sonrava Health Holdings LLC |  | &nbsp;&nbsp; 1758130 | &nbsp;&nbsp;&nbsp; **95598**<br>|
| **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** |
| *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC | &nbsp;&nbsp;&nbsp; Spirit Airlines LLC |  | &nbsp;&nbsp; 603 | &nbsp;&nbsp;&nbsp; 844<br> \*<sup>(r)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings Inc. | &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings Inc. |  | &nbsp;&nbsp; 104017 | &nbsp;&nbsp;&nbsp; 145,624<br> \*<br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **146468** |
| **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** |
| *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* | *Semiconductors & Semiconductor Equipment — 0.1%* |
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC | &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC |  | &nbsp;&nbsp; 165572 | &nbsp;&nbsp;&nbsp; **174,678**<br> \*<sup>(e)(f)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security |  |  | Shares | Value |
| **Materials — 0.0%††** | **Materials — 0.0%††** | **Materials — 0.0%††** | **Materials — 0.0%††** | **Materials — 0.0%††** |
| *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* | *Metals & Mining — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. Ltd. | &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. Ltd. |  | &nbsp;&nbsp; 1388 | &nbsp;&nbsp;&nbsp; **$0**<br> \*<sup>(e)(f)(i)</sup><br>|
| **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** |
| *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Country Garden Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; Country Garden Holdings Co. Ltd. |  | &nbsp;&nbsp; 1860 | &nbsp;&nbsp;&nbsp; **70**<br> \*<br>|
| **Total Common Stocks (Cost — $3,345,776)** | **Total Common Stocks (Cost — $3,345,776)** | **Total Common Stocks (Cost — $3,345,776)** | **Total Common Stocks (Cost — $3,345,776)** | &nbsp;&nbsp;&nbsp; **1021759**<br>|
|  | Rate | &nbsp;&nbsp; Maturity <br>Date<br>| &nbsp;&nbsp; Face <br>Amount†<br>|  |
| **Non-U.S. Treasury Inflation Protected Securities — 0.1%** | **Non-U.S. Treasury Inflation Protected Securities — 0.1%** | **Non-U.S. Treasury Inflation Protected Securities — 0.1%** | **Non-U.S. Treasury Inflation Protected Securities — 0.1%** | **Non-U.S. Treasury Inflation Protected Securities — 0.1%** |
| *Uruguay — 0.1%* | *Uruguay — 0.1%* | *Uruguay — 0.1%* | *Uruguay — 0.1%* | *Uruguay — 0.1%* |
| &nbsp;&nbsp;&nbsp; Uruguay Government International Bond, Senior Notes (Cost — $160,312) | &nbsp;&nbsp; 3.400% | &nbsp;&nbsp; 5/16/45 | &nbsp;&nbsp; 6206206 <br><sup>UYU</sup><br>| &nbsp;&nbsp;&nbsp; **165915**<br>|
|  |  | &nbsp;&nbsp; Expiration <br>Date<br>| Warrants |  |
| **Warrants — 0.0%††** | **Warrants — 0.0%††** | **Warrants — 0.0%††** | **Warrants — 0.0%††** | **Warrants — 0.0%††** |
| **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** |
| *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC (Cost — $899,660) |  | &nbsp;&nbsp; 3/12/30 | &nbsp;&nbsp; 73904<br>| &nbsp;&nbsp;&nbsp; **103,466**<br> \*<sup>(a)(e)(r)</sup><br>|
|  | Rate | &nbsp;&nbsp; Maturity <br>Date<br>| &nbsp;&nbsp; Face <br>Amount†<br>|  |
| **U.S. Government & Agency Obligations — 0.0%††** | **U.S. Government & Agency Obligations — 0.0%††** | **U.S. Government & Agency Obligations — 0.0%††** | **U.S. Government & Agency Obligations — 0.0%††** | **U.S. Government & Agency Obligations — 0.0%††** |
| *U.S. Government Obligations — 0.0%††* | *U.S. Government Obligations — 0.0%††* | *U.S. Government Obligations — 0.0%††* | *U.S. Government Obligations — 0.0%††* | *U.S. Government Obligations — 0.0%††* |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes (Cost — $100,065) | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 7/31/30 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp; **99557**<br>|
| **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** |
| **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** |
| *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Country Garden Holdings Co. Ltd., Senior Notes (Cost — $63,657) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 12/31/31 | &nbsp;&nbsp; 465617<br>| &nbsp;&nbsp;&nbsp;&nbsp; **49774**<br> <sup>(d)</sup><br>|
|  |  | &nbsp;&nbsp; Expiration <br>Date <br>| Rights |  |
| **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** |
| **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** |
| *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco (Cost — $0) |  | &nbsp;&nbsp; — | &nbsp;&nbsp; 1455 | &nbsp;&nbsp;&nbsp; **23,907**<br> \*<br>|
| **Total Investments before Short-Term Investments (Cost — $337,079,449)** | **Total Investments before Short-Term Investments (Cost — $337,079,449)** | **Total Investments before Short-Term Investments (Cost — $337,079,449)** | **Total Investments before Short-Term Investments (Cost — $337,079,449)** | &nbsp;&nbsp; **325908791** |
|  | Rate |  | Shares |  |
| **Short-Term Investments — 0.3%** | **Short-Term Investments — 0.3%** | **Short-Term Investments — 0.3%** | **Short-Term Investments — 0.3%** | **Short-Term Investments — 0.3%** |
| &nbsp;&nbsp;&nbsp; Western Asset Premier Institutional Government Reserves, Premium Shares <br> (Cost — $1,100,839)  | &nbsp;&nbsp; 3.588% |  | &nbsp;&nbsp; 1100839<br>| &nbsp;&nbsp;&nbsp;&nbsp; **1100839**<br> <sup>(s)(t)</sup><br>|
| **Total Investments — 98.5% (Cost — $338,180,288)** | **Total Investments — 98.5% (Cost — $338,180,288)** | **Total Investments — 98.5% (Cost — $338,180,288)** | **Total Investments — 98.5% (Cost — $338,180,288)** | &nbsp;&nbsp; **327009630** |
| &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.5% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.5% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.5% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.5% | &nbsp;&nbsp;&nbsp; 5022279 |
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$332031909** |

---

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

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from <br> registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees.<br>|
| <sup>(b)</sup> | Securities traded on a when-issued or delayed delivery basis. |
| <sup>(c)</sup> | Payment-in-kind security for which the issuer has the option at each interest payment date of making interest payments in cash or additional securities.  |
| <sup>(d)</sup> | Security is exempt from registration under Regulation S of the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of <br> the United States and do not involve direct selling efforts in the United States. This security has been deemed liquid pursuant to guidelines approved by the <br> Board of Trustees.<br>|
| <sup>(e)</sup> | Security is fair valued in accordance with procedures approved by the Board of Trustees (Note 1). |
| <sup>(f)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(g)</sup> | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published <br> reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a <br> reference rate and spread in their description above.<br>|
| <sup>(h)</sup> | Security has no maturity date. The date shown represents the next call date. |
| <sup>(i)</sup> | Value is less than $1. |
| <sup>(j)</sup> | Collateralized mortgage obligations are secured by an underlying pool of mortgages or mortgage pass-through certificates that are structured to direct <br> payments on underlying collateral to different series or classes of the obligations. The interest rate may change positively or inversely in relation to one or <br> more interest rates, financial indices or other financial indicators and may be subject to an upper and/or lower limit.<br>|
| <sup>(k)</sup> | Interest rates disclosed represent the effective rates on senior loans. Ranges in interest rates are attributable to multiple contracts under the same loan. |
| <sup>(l)</sup> | Senior loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the agent bank and/or borrower <br> prior to the disposition of a senior loan. <br>|
| <sup>(m)</sup> | All or a portion of this loan has not settled as of April 30, 2026. Interest rates are not effective until settlement date. Interest rates shown, if any, are for the <br> settled portion of the loan.<br>|
| <sup>(n)</sup> | The coupon payment on this security is currently in default as of April 30, 2026. |
| <sup>(o)</sup> | All or a portion of this loan is unfunded as of April 30, 2026. The interest rate for fully unfunded term loans is to be determined. At April 30, 2026, the total <br> principal amount and market value of unfunded commitments totaled $144,827 and $144,938, respectively.<br>|
| <sup>(p)</sup> | Rate shown is the current yield based on income received over the trailing twelve months. |
| <sup>(q)</sup> | This security is traded on a to-be-announced ("TBA") basis. At April 30, 2026, the Fund held TBA securities with a total cost of $263,508. |
| <sup>(r)</sup> | Restricted security (Note 3). |
| <sup>(s)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(t)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At April 30, 2026, the total market value of <br> investments in Affiliated Companies was $1,100,839 and the cost was $1,100,839 (Note 2).<br>|

---

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

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| BRL |  | Brazilian Real |
| CAS |  | Connecticut Avenue Securities |
| CLO |  | Collateralized Loan Obligation |
| CORRA |  | Canadian Overnight Repo Rate Average |
| DAC |  | Designated Activity Company |
| DIP |  | Debtor-in-possession |
| EUR |  | Euro |
| GBP |  | British Pound |
| ICE |  | Intercontinental Exchange |
| INR |  | Indian Rupee |
| IO |  | Interest Only |
| JMD |  | Jamaican Dollar |
| JSC |  | Joint Stock Company |
| MXN |  | Mexican Peso |
| PAC |  | Planned Amortization Class |
| PIK |  | Payment-In-Kind |
| REMIC |  | Real Estate Mortgage Investment Conduit |
| SOFR |  | Secured Overnight Financing Rate |
| USD |  | United States Dollar |
| UST |  | United States Treasury |
| UYU |  | Uruguayan Peso |

---

At April 30, 2026, the Fund had the following open written options contracts:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **OTC Written Options** | **OTC Written Options** | **OTC Written Options** | **OTC Written Options** | **OTC Written Options** | **OTC Written Options** | **OTC Written Options** |
| Security | Counterparty | Expiration <br>Date<br>| Strike <br>Price<br>| Contracts | &nbsp;&nbsp; Notional <br>Amount†<br>| Value |
| U.S. Dollar/Australian Dollar, Put <br>(Premiums received — $6,745)<br>| JPMorgan Chase & Co. | &nbsp;&nbsp; 5/19/26 | &nbsp;&nbsp; $0.735 | &nbsp;&nbsp;&nbsp; 1702000 | &nbsp;&nbsp;&nbsp; 1702000 | &nbsp;&nbsp; **$(2517)**<br>|

---

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

† Notional amount denominated in U.S. dollar unless otherwise noted.

At April 30, 2026, the Fund had the following open futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp; <br> Number of <br>Contracts<br>| &nbsp;&nbsp;&nbsp; <br> Expiration <br>Date<br>| &nbsp;&nbsp;&nbsp; <br> Notional <br>Amount<br>| &nbsp;&nbsp;&nbsp; <br> Market <br>Value<br>| &nbsp;&nbsp;&nbsp; <br> Unrealized <br>Appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(Depreciation)<br>|
| **Contracts to Buy:** |  |  |  |  |  |
| 3-Month SOFR | &nbsp;&nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp;&nbsp; 9/26 | &nbsp;&nbsp;&nbsp;&nbsp; $16136228 | &nbsp;&nbsp;&nbsp;&nbsp; $16137788 | &nbsp;&nbsp;&nbsp;&nbsp; $1560 |
| 3-Month SONIA | &nbsp;&nbsp;&nbsp;&nbsp; 127 | &nbsp;&nbsp;&nbsp;&nbsp; 3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 41469077 | &nbsp;&nbsp;&nbsp;&nbsp; 41298524 | &nbsp;&nbsp;&nbsp;&nbsp; (170553) |
| Australian 10-Year Bonds | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4771979 | &nbsp;&nbsp;&nbsp;&nbsp; 4701881 | &nbsp;&nbsp;&nbsp;&nbsp; (70098) |
| Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2399855 | &nbsp;&nbsp;&nbsp;&nbsp; 2354060 | &nbsp;&nbsp;&nbsp;&nbsp; (45795) |
| U.S. Treasury 2-Year Notes | &nbsp;&nbsp;&nbsp;&nbsp; 216 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45020483 | &nbsp;&nbsp;&nbsp;&nbsp; 44739000 | &nbsp;&nbsp;&nbsp;&nbsp; (281483) |
| U.S. Treasury 5-Year Notes | &nbsp;&nbsp;&nbsp;&nbsp; 513 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 56222317 | &nbsp;&nbsp;&nbsp;&nbsp; 55319837 | &nbsp;&nbsp;&nbsp;&nbsp; (902480) |
| U.S. Treasury 10-Year Notes | &nbsp;&nbsp;&nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14457729 | &nbsp;&nbsp;&nbsp;&nbsp; 14156000 | &nbsp;&nbsp;&nbsp;&nbsp; (301729) |
| U.S. Treasury Ultra Long-Term Bonds | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2638548 | &nbsp;&nbsp;&nbsp;&nbsp; 2530688 | &nbsp;&nbsp;&nbsp;&nbsp; (107860) |
| United Kingdom Long Gilt Bonds | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1509312 | &nbsp;&nbsp;&nbsp;&nbsp; 1413928 | &nbsp;&nbsp;&nbsp;&nbsp; (95384) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (1973822) |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

 **Western Asset Income Fund**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp; Number of<br> Contracts<br>| &nbsp;&nbsp;&nbsp; Expiration<br> Date<br>| &nbsp;&nbsp;&nbsp; Notional<br> Amount<br>| &nbsp;&nbsp;&nbsp; Market<br> Value<br>| &nbsp;&nbsp;&nbsp; Unrealized<br> Appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;(Depreciation)<br>|
| **Contracts to Sell:** |  |  |  |  |  |
| Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; $1375175 | &nbsp;&nbsp;&nbsp;&nbsp; $1354979 | &nbsp;&nbsp;&nbsp;&nbsp; $20196 |
| U.S. Treasury Long-Term Bonds | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 805644 | &nbsp;&nbsp;&nbsp;&nbsp; 789906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15738 |
| U.S. Treasury Ultra 10-Year Notes | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1130081 | &nbsp;&nbsp;&nbsp;&nbsp; 1128594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1487 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37421 |
| **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | &nbsp;&nbsp;&nbsp; **$(1936401)** |

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** |
| Bobl |  | Bundesobligation (Medium-term German Federal Government Bond) |
| SOFR |  | Secured Overnight Financing Rate |
| SONIA |  | Sterling Overnight Index Average |

---

At April 30, 2026, the Fund had the following open forward foreign currency contracts:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency <br>Purchased | Currency <br>Purchased | Currency <br>Sold | Currency <br>Sold | Counterparty | Settlement <br>Date<br>| Unrealized <br>Appreciation <br>(Depreciation)<br>|
| AUD | &nbsp;&nbsp;&nbsp;&nbsp; 567000 | &nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 408920 | JPMorgan Chase & Co. | &nbsp;&nbsp; 5/21/26 | &nbsp;&nbsp; $(862) |
| USD | &nbsp;&nbsp;&nbsp; 1750476 | &nbsp;&nbsp; BRL | &nbsp;&nbsp;&nbsp; 9250038 | JPMorgan Chase & Co. | &nbsp;&nbsp; 6/2/26 | &nbsp;&nbsp; (101768) |
| INR | &nbsp;&nbsp; 16409315 | &nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 171646 | Bank of America N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 199019 | &nbsp;&nbsp; EUR | &nbsp;&nbsp;&nbsp;&nbsp; 168083 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1069 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 201434 | &nbsp;&nbsp; EUR | &nbsp;&nbsp;&nbsp;&nbsp; 170000 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1227 |
| USD | &nbsp;&nbsp;&nbsp; 3356032 | &nbsp;&nbsp; GBP | &nbsp;&nbsp;&nbsp; 2535486 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp; (93235) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7569 | &nbsp;&nbsp; JPY | &nbsp;&nbsp;&nbsp; 1190000 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (81) |
| USD | &nbsp;&nbsp;&nbsp; 1190516 | &nbsp;&nbsp; JPY | &nbsp;&nbsp; 187170000 | BNP Paribas SA | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp; (12720) |
| AUD | &nbsp;&nbsp;&nbsp;&nbsp; 192460 | &nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 133314 | Citibank N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5041 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 541000 | &nbsp;&nbsp; AUD | &nbsp;&nbsp;&nbsp;&nbsp; 752000 | Citibank N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 404 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 116336 | &nbsp;&nbsp; CAD | &nbsp;&nbsp;&nbsp;&nbsp; 161112 | Citibank N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; (2661) |
| USD | &nbsp;&nbsp;&nbsp; 1967313 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 185694673 | Citibank N.A. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 24573 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 601649 | &nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 699086 | JPMorgan Chase & Co. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9469 |
| JPY | &nbsp;&nbsp; 371597000 | &nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp; 2343056 | JPMorgan Chase & Co. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45783 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 574304 | &nbsp;&nbsp; EUR | &nbsp;&nbsp;&nbsp;&nbsp; 485199 | JPMorgan Chase & Co. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2890 |
| USD | &nbsp;&nbsp;&nbsp; 1165631 | &nbsp;&nbsp; JPY | &nbsp;&nbsp; 183237000 | JPMorgan Chase & Co. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp; (12321) |
| USD | &nbsp;&nbsp;&nbsp; 4313426 | &nbsp;&nbsp; MXN | &nbsp;&nbsp; 77260362 | Morgan Stanley & Co. Inc. | &nbsp;&nbsp; 7/16/26 | &nbsp;&nbsp;&nbsp; (80827) |
| **Net unrealized depreciation on open forward foreign currency contracts** | **Net unrealized depreciation on open forward foreign currency contracts** | **Net unrealized depreciation on open forward foreign currency contracts** | **Net unrealized depreciation on open forward foreign currency contracts** | **Net unrealized depreciation on open forward foreign currency contracts** | **Net unrealized depreciation on open forward foreign currency contracts** | &nbsp;&nbsp; **$(213990)** |

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** |
| AUD |  | Australian Dollar |
| BRL |  | Brazilian Real |
| CAD |  | Canadian Dollar |
| EUR |  | Euro |
| GBP |  | British Pound |
| INR |  | Indian Rupee |
| JPY |  | Japanese Yen |
| MXN |  | Mexican Peso |
| USD |  | United States Dollar |

---

See Notes to Schedule of Investments.

------

Western Asset Income Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

At April 30, 2026, the Fund had the following open swap contracts:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  | <br> **OTC INTEREST RATE SWAPS**  |
| Swap Counterparty | Notional <br>Amount\*<br>| &nbsp;&nbsp;&nbsp; Termination <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Payments <br>Made by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Payments <br>Received by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Depreciation<br>|
| JPMorgan Chase & Co. | 27000000<sup>BRL</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1/4/27 | BRL-CDI\*\* | 13.165%\*\* | &nbsp;&nbsp;&nbsp;&nbsp; $(93172) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; $(93172) |
| JPMorgan Chase & Co. | 38560000<sup>BRL</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1/2/29 | BRL-CDI\*\* | 10.230%\*\* | &nbsp;&nbsp;&nbsp;&nbsp; (869941) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (869941) |
| JPMorgan Chase & Co. | 13624000<sup>BRL</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1/2/31 | BRL-CDI\*\* | 13.250%\*\* | &nbsp;&nbsp;&nbsp;&nbsp; (25630) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25630) |
| JPMorgan Chase & Co. | 21100000<sup>BRL</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1/2/31 | BRL-CDI\*\* | 13.300%\*\* | &nbsp;&nbsp;&nbsp;&nbsp; (34195) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (34195) |
| **Total** |  |  |  |  | &nbsp;&nbsp;&nbsp; **$(1022938)** | &nbsp;&nbsp;&nbsp; **—** | &nbsp;&nbsp;&nbsp; **$(1022938)** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  | <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  | <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  | <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  | <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  | <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  | <br> **CENTRALLY CLEARED INTEREST RATE SWAPS**  |
| &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>Amount\*<br>| &nbsp;&nbsp;&nbsp;&nbsp; Termination <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Payments <br>Made by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Payments <br>Received by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; 86000000<sup>MXN</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11/19/29 | &nbsp;&nbsp;&nbsp;&nbsp; 28-Day MXN TIIE - Banxico <br>every 28 days<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8.825% <br>every 28 days<br>| &nbsp;&nbsp;&nbsp;&nbsp; **$178387** | &nbsp;&nbsp;&nbsp;&nbsp; **$—** | &nbsp;&nbsp;&nbsp;&nbsp; **$178387** |

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — SELL PROTECTION**<sup>1</sup>  |
| Reference Entity | Notional <br>Amount<sup>2</sup> <br>| Termination <br>Date<br>| &nbsp;&nbsp;&nbsp; Implied <br>Credit <br>Spread at <br>April 30, <br>2026<sup>3</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Received by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(Depreciation)<br>|
| Caesars Entertainment Inc., 4.625%, <br> due 10/15/29<br>| $595000 | 6/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 2.968% | 5.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; $43794 | &nbsp;&nbsp;&nbsp;&nbsp; $54325 | &nbsp;&nbsp;&nbsp;&nbsp; $(10531) |
| Nabors Industries Inc., 9.125%, due <br> 1/31/30<br>| 273000 | 6/20/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1.540% | 1.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; (4293) | &nbsp;&nbsp;&nbsp;&nbsp; (27108) | &nbsp;&nbsp;&nbsp;&nbsp; 22815 |
| **Total** | **$868000** |  |  |  | &nbsp;&nbsp;&nbsp; **$39501** | &nbsp;&nbsp;&nbsp; **$27217** | &nbsp;&nbsp;&nbsp; **$12284** |

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CORPORATE ISSUES — BUY PROTECTION**<sup>4</sup>  |
| Reference Entity | Notional <br>Amount<sup>2</sup> <br>| Termination <br>Date<br>| &nbsp;&nbsp;&nbsp; Implied <br>Credit <br>Spread at <br>April 30, <br>2026<sup>3</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Made by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Depreciation<br>|
| MGM Resorts International, 4.750%, <br> due 10/15/28<br>| $595000 | 6/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 1.459% | 5.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; $(78804) | &nbsp;&nbsp;&nbsp;&nbsp; $(66459) | &nbsp;&nbsp;&nbsp;&nbsp; $(12345) |
| Transocean Inc., 8.000%, due 2/1/27 | 273000 | 6/20/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1.268% | 1.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 2143 | &nbsp;&nbsp;&nbsp;&nbsp; 21891 | &nbsp;&nbsp;&nbsp;&nbsp; (19748) |
| **Total** | **$868000** |  |  |  | &nbsp;&nbsp;&nbsp; **$(76661)** | &nbsp;&nbsp;&nbsp; **$(44568)** | &nbsp;&nbsp;&nbsp; **$(32093)** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  | <br> **CENTRALLY CLEARED CREDIT DEFAULT SWAPS ON CREDIT INDICES — SELL PROTECTION**<sup>1</sup>  |
| Reference Entity | Notional <br>Amount<sup>2</sup> <br>| &nbsp;&nbsp;&nbsp; Termination <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Received by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<sup>5</sup> <br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation<br>|
| Markit CDX.NA.HY.46 Index | $15446000 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/31 | 5.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; $1100755 | &nbsp;&nbsp;&nbsp;&nbsp; $608890 | &nbsp;&nbsp;&nbsp;&nbsp; $491865 |
| Markit CDX.NA.IG.46 Index | 14552000 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/31 | 1.000% quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 305662 | &nbsp;&nbsp;&nbsp;&nbsp; 242248 | &nbsp;&nbsp;&nbsp;&nbsp; 63414 |
| **Total** | **$29998000** |  |  | &nbsp;&nbsp;&nbsp; **$1406417** | &nbsp;&nbsp;&nbsp; **$851138** | &nbsp;&nbsp;&nbsp; **$555279** |

---

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

See Notes to Schedule of Investments.

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Western Asset Income Fund 2026 Quarterly Report

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 **Western Asset Income Fund**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  | <br> **OTC TOTAL RETURN SWAPS**  |
| Swap <br>Counterparty<br>| Notional <br>Amount<br>| &nbsp;&nbsp;&nbsp; Termination <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Made by <br>the Fund<sup>†</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; Periodic <br>Payments <br>Received by <br>the Fund<sup>‡</sup> <br>| &nbsp;&nbsp;&nbsp; Market <br>Value<br>| &nbsp;&nbsp;&nbsp; Upfront <br>Premiums <br>Paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(Received)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>Appreciation<br>|
| JPMorgan Chase & Co. | $5213790 | &nbsp;&nbsp;&nbsp;&nbsp; 7/9/26 | &nbsp;&nbsp;&nbsp;&nbsp; Daily SOFR <br>Compound + <br>1.100%\*\*<br>| JPEIFNTR^\*\* | &nbsp;&nbsp;&nbsp; **$199992** | &nbsp;&nbsp;&nbsp; **—** | &nbsp;&nbsp;&nbsp; **$199992** |

---

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

---

| | |
|:---|:---|
| <sup>1</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to <br> the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities <br> comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the <br> recovery value of the referenced obligation or underlying securities comprising the referenced index.<br>|
| <sup>2</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event <br> occurs as defined under the terms of that particular swap agreement.<br>|
| <sup>3</sup> | Implied credit spreads, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end, serve <br> as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied <br> credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter <br> into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or <br> other credit event occurring as defined under the terms of the agreement. A credit spread identified as "Defaulted" indicates a credit event has occurred for <br> the referenced entity or obligation.<br>|
| <sup>4</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive <br> from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or the underlying securities <br> comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the <br> recovery value of the referenced obligation or the underlying securities comprising the referenced index.<br>|
| <sup>5</sup> | The quoted market prices and resulting values for credit default swap agreements on asset-backed securities and credit indices serve as an indicator of the <br> current status of the payment/performance risk and represent the likelihood of an expected loss (or profit) for the credit derivative had the notional amount <br> of the swap agreement been closed/sold as of the period end. Decreasing market values (sell protection) or increasing market values (buy protection), when <br> compared to the notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of <br> default or other credit event occurring as defined under the terms of the agreement.<br>|
| † | Percentage shown is an annual percentage rate. |
| ‡ | Periodic payments made/received by the Fund are based on the total return of the referenced entity. |
| ^ | Custom emerging markets debt basket is comprised of 42 bonds in the Sovereign Frontier sector. |
| \* | Notional amount denominated in U.S. dollars, unless otherwise noted. |
| \*\* | One time payment made at termination date. |

---

Reference rate(s) and their value(s) as of period end used in this table:

---

| | |
|:---|:---|
| Reference Index | Reference <br>Rate<br>|
| &nbsp;&nbsp;&nbsp; 28-Day MXN TIIE - Banxico | 7.017% |
| &nbsp;&nbsp;&nbsp; BRL-CDI | 14.400% |
| &nbsp;&nbsp;&nbsp; Daily SOFR Compound | 3.660% |

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** |
| BRL |  | Brazilian Real |
| BRL-CDI |  | Brazilian Cetip InterBank Deposit Rate |
| JPEIFNTR |  | Western Asset Management Emerging Markets Frontier Custom Basket |
| MXN |  | Mexican Peso |
| SOFR |  | Secured Overnight Financing Rate |
| TIIE |  | Tasa de Intere's Interbancaria de Equilibrio (Equilibrium Interbanking Interest Rate) |

---

See Notes to Schedule of Investments.

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Western Asset Income Fund 2026 Quarterly Report

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Schedule of Investments (unaudited) (cont'd)

April 30, 2026

 **Western Asset Income Fund**

The following table provides information about the underlying components of the JPEIFNTR total return swap, as of period end.

---

| | | | |
|:---|:---|:---|:---|
| Security | &nbsp;&nbsp;&nbsp; Face <br>Amount<br>| Value | Weight |
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, 9.125% due <br> 11/26/49<br>| &nbsp;&nbsp;&nbsp;&nbsp; $12431227<br>| &nbsp;&nbsp;&nbsp;&nbsp; $11859391 | &nbsp;&nbsp;&nbsp;&nbsp; 6.21% |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, <br> 3.500% due 7/9/41<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8269000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5701476 | &nbsp;&nbsp;&nbsp;&nbsp; 2.98% |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, <br> 5.000% due 1/9/38<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7303000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5670779 | &nbsp;&nbsp;&nbsp;&nbsp; 2.97% |
| &nbsp;&nbsp;&nbsp; Bahamas Government International Bond, 8.250% due <br> 6/24/36<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6521000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7283956 | &nbsp;&nbsp;&nbsp;&nbsp; 3.81% |
| &nbsp;&nbsp;&nbsp; Benin Government International Bond, 7.960% due 2/13/38 | &nbsp;&nbsp;&nbsp;&nbsp; 5468000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5621787 | &nbsp;&nbsp;&nbsp;&nbsp; 2.94% |
| &nbsp;&nbsp;&nbsp; Costa Rica Government International Bond, 6.550% due <br> 4/3/34<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7054000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7567179 | &nbsp;&nbsp;&nbsp;&nbsp; 3.96% |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, 4.500% due <br> 1/30/30<br>| &nbsp;&nbsp;&nbsp;&nbsp; 9696025<br>| &nbsp;&nbsp;&nbsp;&nbsp; 9346968 | &nbsp;&nbsp;&nbsp;&nbsp; 4.89% |
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond, 6.900% due <br> 7/31/35<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7778430<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7210605 | &nbsp;&nbsp;&nbsp;&nbsp; 3.77% |
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond, 8.750% due <br> 1/29/34<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2617500<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2671045 | &nbsp;&nbsp;&nbsp;&nbsp; 1.40% |
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, 5.800% due 9/30/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3806000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3781413 | &nbsp;&nbsp;&nbsp;&nbsp; 1.98% |
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, 7.903% due 2/21/48 | &nbsp;&nbsp;&nbsp;&nbsp; 4478882<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3854459 | &nbsp;&nbsp;&nbsp;&nbsp; 2.02% |
| &nbsp;&nbsp;&nbsp; El Salvador Government International Bond, 7.125% due <br> 1/20/50<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6460563<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5866191 | &nbsp;&nbsp;&nbsp;&nbsp; 3.07% |
| &nbsp;&nbsp;&nbsp; Ethiopia International Bond, 6.625% due 12/11/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 6384935<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6376533 | &nbsp;&nbsp;&nbsp;&nbsp; 3.34% |
| &nbsp;&nbsp;&nbsp; Ghana Government International Bond, 5.000% due 7/3/29 | &nbsp;&nbsp;&nbsp;&nbsp; 2981000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2530383 | &nbsp;&nbsp;&nbsp;&nbsp; 1.32% |
| &nbsp;&nbsp;&nbsp; Ghana Government International Bond, 5.000% due 7/3/35 | &nbsp;&nbsp;&nbsp;&nbsp; 4267000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3906182 | &nbsp;&nbsp;&nbsp;&nbsp; 2.04% |
| &nbsp;&nbsp;&nbsp; Guatemala Government Bond, 5.375% due 4/24/32 | &nbsp;&nbsp;&nbsp;&nbsp; 6704000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6764336 | &nbsp;&nbsp;&nbsp;&nbsp; 3.54% |
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, 6.750% due <br> 2/25/41<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8650370<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7971662 | &nbsp;&nbsp;&nbsp;&nbsp; 4.17% |
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, 7.625% due <br> 1/30/33<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5402221<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5673953 | &nbsp;&nbsp;&nbsp;&nbsp; 2.97% |
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond, 7.500% due <br> 1/13/29<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3562465<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3696129 | &nbsp;&nbsp;&nbsp;&nbsp; 1.94% |
| &nbsp;&nbsp;&nbsp; Mozambique International Bond, 9.000% due 9/15/31 | &nbsp;&nbsp;&nbsp;&nbsp; 4420000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3609239 | &nbsp;&nbsp;&nbsp;&nbsp; 1.89% |
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond, 7.375% due <br> 9/28/33<br>| &nbsp;&nbsp;&nbsp;&nbsp; 11573319<br>| &nbsp;&nbsp;&nbsp;&nbsp; 11832098 | &nbsp;&nbsp;&nbsp;&nbsp; 6.19% |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond, 6.100% due <br> 8/11/44<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4634861<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4664988 | &nbsp;&nbsp;&nbsp;&nbsp; 2.44% |
| &nbsp;&nbsp;&nbsp; Petroleos de Venezuela SA, 5.375% due 4/12/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 25262896<br>| &nbsp;&nbsp;&nbsp;&nbsp; 9466393 | &nbsp;&nbsp;&nbsp;&nbsp; 4.95% |
| &nbsp;&nbsp;&nbsp; Provincia de Buenos Aires/Government Bonds, 6.625% due <br> 9/1/37<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4768517<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3251743 | &nbsp;&nbsp;&nbsp;&nbsp; 1.70% |
| &nbsp;&nbsp;&nbsp; Republic of Kenya Government International Bond, 6.300% <br> due 1/23/34<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5530744<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4797920 | &nbsp;&nbsp;&nbsp;&nbsp; 2.52% |
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government International Bond, <br> 5.000% due 10/12/46<br>| &nbsp;&nbsp;&nbsp;&nbsp; 9040433<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6735123 | &nbsp;&nbsp;&nbsp;&nbsp; 3.53% |
| &nbsp;&nbsp;&nbsp; Republic of Uzbekistan International Bond, 3.900% due <br> 10/19/31<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6082293<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5634484 | &nbsp;&nbsp;&nbsp;&nbsp; 2.95% |
| &nbsp;&nbsp;&nbsp; Senegal Government International Bond, 6.250% due <br> 5/23/33<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3222000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1807542 | &nbsp;&nbsp;&nbsp;&nbsp; 0.95% |
| &nbsp;&nbsp;&nbsp; Senegal Government International Bond, 6.750% due <br> 3/13/48<br>| &nbsp;&nbsp;&nbsp;&nbsp; 6888000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3693690 | &nbsp;&nbsp;&nbsp;&nbsp; 1.93% |

---

See Notes to Schedule of Investments.

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Western Asset Income Fund 2026 Quarterly Report

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 **Western Asset Income Fund**

---

| | | | |
|:---|:---|:---|:---|
| Security | &nbsp;&nbsp;&nbsp; Face<br> Amount<br>| Value | Weight |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, 3.100% due <br> 1/15/30<br>| &nbsp;&nbsp;&nbsp;&nbsp; $2528000<br>| &nbsp;&nbsp;&nbsp;&nbsp; $2407339 | &nbsp;&nbsp;&nbsp;&nbsp; 1.26% |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, 3.350% due <br> 3/15/33<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2245000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2000463 | &nbsp;&nbsp;&nbsp;&nbsp; 1.05% |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, 3.600% due <br> 6/15/35<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3195000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2460150 | &nbsp;&nbsp;&nbsp;&nbsp; 1.29% |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, 3.600% due <br> 5/15/36<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1067000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1002980 | &nbsp;&nbsp;&nbsp;&nbsp; 0.52% |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, 3.600% due <br> 2/15/38<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1582000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1491035 | &nbsp;&nbsp;&nbsp;&nbsp; 0.78% |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, 4.000% due <br> 4/15/28<br>| &nbsp;&nbsp;&nbsp;&nbsp; 730384<br>| &nbsp;&nbsp;&nbsp;&nbsp; 368572 | &nbsp;&nbsp;&nbsp;&nbsp; 0.19% |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, 0.000% due <br> 2/1/34<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2109000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 993339 | &nbsp;&nbsp;&nbsp;&nbsp; 0.52% |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, 0.000% due <br> 2/1/35<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1806000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 919254 | &nbsp;&nbsp;&nbsp;&nbsp; 0.48% |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, 0.000% due <br> 2/1/36<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1815000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 921113 | &nbsp;&nbsp;&nbsp;&nbsp; 0.48% |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, 4.500% due <br> 2/1/34<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3163000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1929430 | &nbsp;&nbsp;&nbsp;&nbsp; 1.01% |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, 4.500% due <br> 2/1/35<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3132788<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1879673 | &nbsp;&nbsp;&nbsp;&nbsp; 0.99% |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, 4.500% due <br> 2/1/36<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1641000<br>| &nbsp;&nbsp;&nbsp;&nbsp; 968190 | &nbsp;&nbsp;&nbsp;&nbsp; 0.51% |
| &nbsp;&nbsp;&nbsp; Zambia Government International Bond, 0.500% due <br> 12/31/53<br>| &nbsp;&nbsp;&nbsp;&nbsp; 7139384<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4877342 | &nbsp;&nbsp;&nbsp;&nbsp; 2.55% |
| **Total** |  | &nbsp;&nbsp;&nbsp;&nbsp; **191066527**<br>| &nbsp;&nbsp;&nbsp; **100.00%** |

---

<sup>(a)</sup>

The coupon payment on this security is currently in default as of April 30, 2026.

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

See Notes to Schedule of Investments.

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Western Asset Income Fund 2026 Quarterly Report

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Notes to Schedule of Investments (unaudited)

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

**1. Organization and significant accounting policies** 

Western Asset Income Fund (the "Fund") is a separate diversified investment series of Legg Mason Partners Income Trust (the "Trust"). The Trust, a Maryland statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company.

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

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

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

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

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

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

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Western Asset Income Fund 2026 Quarterly Report

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

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

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Corporate Bonds & Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | &nbsp;&nbsp; — | &nbsp;&nbsp; $27463601 | &nbsp;&nbsp; $2981016 | &nbsp;&nbsp; $30444617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 17640051 | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 17640051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Corporate Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 100135311 | &nbsp;&nbsp; — | &nbsp;&nbsp; 100135311 |
| &nbsp;&nbsp;&nbsp; Collateralized Mortgage Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 63798293 | &nbsp;&nbsp; — | &nbsp;&nbsp; 63798293 |
| &nbsp;&nbsp;&nbsp; Senior Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary | &nbsp;&nbsp; — | &nbsp;&nbsp; 7871849 | &nbsp;&nbsp; 584544 | &nbsp;&nbsp; 8456393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 11766654 | &nbsp;&nbsp; 270675 | &nbsp;&nbsp; 12037329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | &nbsp;&nbsp; — | &nbsp;&nbsp; 6446076 | &nbsp;&nbsp; 360753 | &nbsp;&nbsp; 6806829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 6905299 | &nbsp;&nbsp; 2556834 | &nbsp;&nbsp; 9462133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | &nbsp;&nbsp; — | &nbsp;&nbsp; 2269809 | &nbsp;&nbsp; 370179 | &nbsp;&nbsp; 2639988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Senior Loans | &nbsp;&nbsp; — | &nbsp;&nbsp; 13722813 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13722813 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 38291812 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38291812 |
| &nbsp;&nbsp;&nbsp; Sovereign Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp; 18990657 | &nbsp;&nbsp; — | &nbsp;&nbsp; 18990657 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 2018187 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2018187 |
| &nbsp;&nbsp;&nbsp; Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | &nbsp;&nbsp; $145624 | &nbsp;&nbsp; 844 | &nbsp;&nbsp; — | &nbsp;&nbsp; 146468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 174678 | &nbsp;&nbsp; 174678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 700613 | &nbsp;&nbsp; — | &nbsp;&nbsp; 700613 |
| &nbsp;&nbsp;&nbsp; Non-U.S. Treasury Inflation Protected Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 165915 | &nbsp;&nbsp; — | &nbsp;&nbsp; 165915 |
| &nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp; 103466 | &nbsp;&nbsp; — | &nbsp;&nbsp; 103466 |
| &nbsp;&nbsp;&nbsp; U.S. Government & Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 99557 | &nbsp;&nbsp; — | &nbsp;&nbsp; 99557 |
| &nbsp;&nbsp;&nbsp; Convertible Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 49774 | &nbsp;&nbsp; — | &nbsp;&nbsp; 49774 |
| &nbsp;&nbsp;&nbsp; Rights | &nbsp;&nbsp; — | &nbsp;&nbsp; 23907 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23907 |
| Total Long-Term Investments | &nbsp;&nbsp; 145624 | &nbsp;&nbsp; 318464488 | &nbsp;&nbsp; 7298679 | &nbsp;&nbsp; 325908791 |
| Short-Term Investments† | &nbsp;&nbsp; 1100839 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1100839 |
| **Total Investments** | &nbsp;&nbsp; **$1246463** | &nbsp;&nbsp; **$318464488** | &nbsp;&nbsp; **$7298679** | &nbsp;&nbsp; **$327009630** |

---

------

Western Asset Income Fund 2026 Quarterly Report

------

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS (cont'd)** | **ASSETS (cont'd)** | **ASSETS (cont'd)** | **ASSETS (cont'd)** | **ASSETS (cont'd)** |
| Description | &nbsp;&nbsp; Quoted Prices<br> (Level 1)<br>| &nbsp;&nbsp; Other Significant<br> Observable Inputs<br> (Level 2)<br>| &nbsp;&nbsp; Significant<br> Unobservable<br> Inputs<br> (Level 3)<br>| Total |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts†† | &nbsp;&nbsp; $38981 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $38981 |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; $90485 | &nbsp;&nbsp; — | &nbsp;&nbsp; 90485 |
| &nbsp;&nbsp;&nbsp; Centrally Cleared Interest Rate Swaps†† | &nbsp;&nbsp; — | &nbsp;&nbsp; 178387 | &nbsp;&nbsp; — | &nbsp;&nbsp; 178387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Corporate Issues — <br> Sell Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 22815 | &nbsp;&nbsp; — | &nbsp;&nbsp; 22815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Credit Indices — Sell <br> Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 555279 | &nbsp;&nbsp; — | &nbsp;&nbsp; 555279 |
| &nbsp;&nbsp;&nbsp; OTC Total Return Swaps | &nbsp;&nbsp; — | &nbsp;&nbsp; 199992 | &nbsp;&nbsp; — | &nbsp;&nbsp; 199992 |
| **Total Other Financial Instruments** | &nbsp;&nbsp; **$38981** | &nbsp;&nbsp; **$1046958** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$1085939** |
| **Total** | &nbsp;&nbsp; **$1285444** | &nbsp;&nbsp; **$319511446** | &nbsp;&nbsp; **$7298679** | &nbsp;&nbsp; **$328095569** |
| **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Written Options | &nbsp;&nbsp; — | &nbsp;&nbsp; $2517 | &nbsp;&nbsp; — | &nbsp;&nbsp; $2517 |
| &nbsp;&nbsp;&nbsp; Futures Contracts†† | &nbsp;&nbsp; $1975382 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1975382 |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; 304475 | &nbsp;&nbsp; — | &nbsp;&nbsp; 304475 |
| &nbsp;&nbsp;&nbsp; OTC Interest Rate Swaps | &nbsp;&nbsp; — | &nbsp;&nbsp; 1022938 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1022938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Corporate Issues — <br> Sell Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 10531 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centrally Cleared Credit Default Swaps on Corporate Issues — <br> Buy Protection††<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 32093 | &nbsp;&nbsp; — | &nbsp;&nbsp; 32093 |
| **Total** | &nbsp;&nbsp; **$1975382** | &nbsp;&nbsp; **$1372554** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$3347936** |

---

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

---

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

---

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value: <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Investments in <br>Securities<br>| Balance <br>as of <br>July 31, 2025<br>| Accrued <br>premiums/ <br>discounts<br>| Realized <br>gain <br>(loss)<br>| Change in <br>unrealized <br>appreciation <br>(depreciation)<sup>1</sup> <br>| Purchases |
| **Corporate Bonds &** <br> **Notes:**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energy | $2581233 | $5931 |  | $151861 | $241991 |
| &nbsp;&nbsp;&nbsp; Financials | 0<br> \*<br>|  |  |  |  |
| **Senior Loans:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Consumer <br> Discretionary<br>| 1125974 | 1158 | $802 | (12089)<br>| 587542 |
| &nbsp;&nbsp;&nbsp; Financials | 864300 | 715 | (477)<br>| 4135 | 477299 |
| &nbsp;&nbsp;&nbsp; Industrials | 354757 | 384143 | (126321)<br>| (342682)<br>| 695662 |
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>|  | 1704 | 74 | (337090)<br>| 376200 |
| &nbsp;&nbsp;&nbsp; Materials | 1368529 |  |  | (1081530)<br>| 83180 |
| &nbsp;&nbsp;&nbsp; Sovereign Bonds | 827400 |  | (4200)<br>| 12600 |  |

---

------

Western Asset Income Fund 2026 Quarterly Report

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Investments in<br> Securities<br>| Balance<br> as of<br> July 31, 2025<br>| Accrued<br> premiums/<br> discounts<br>| Realized<br> gain<br> (loss)<br>| Change in<br> unrealized<br> appreciation<br> (depreciation)<sup>1</sup><br>| Purchases |
| **Common Stocks:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>|  |  |  | $9106 | $165572 |
| &nbsp;&nbsp;&nbsp; Materials | $38040 |  |  | (38040)<br>|  |
| **Total** | **$7160233** | **$393651** | **$(130122)**<br>| **$(1633729)**<br>| **$2627446** |

---

&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>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Investments in <br>Securities (cont'd)<br>| Sales | Transfers <br>into <br>Level 3<sup>2</sup> <br>| Transfers <br>out of <br>Level 3<sup>3</sup> <br>| Balance <br>as of <br>April 30, 2026<br>| Net change <br>in unrealized <br>appreciation <br>(depreciation) for <br> investments <br>in securities <br>still held at <br>April 30, 2026<sup>1</sup> <br>|
| **Corporate Bonds &** <br> **Notes:**<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energy |  |  |  | $2981016 | $151861 |
| &nbsp;&nbsp;&nbsp; Financials |  |  |  | 0<br> \*<br>|  |
| **Senior Loans:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Consumer <br> Discretionary<br>| $(1118843)<br>|  |  | 584544 | (3495)<br>|
| &nbsp;&nbsp;&nbsp; Financials | (10700)<br>|  | $(1064597)<br>| 270675 | 3375 |
| &nbsp;&nbsp;&nbsp; Industrials | (604805)<br>|  |  | 360753 | (338344)<br>|
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>| (17033)<br>| $2532979 |  | 2556834 | (337090)<br>|
| &nbsp;&nbsp;&nbsp; Materials |  |  |  | 370179 | (1081530)<br>|
| &nbsp;&nbsp;&nbsp; Sovereign Bonds | (835800)<br>|  |  |  |  |
| **Common Stocks:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Information <br> Technology<br>|  |  |  | 174678 | 9106 |
| &nbsp;&nbsp;&nbsp; Materials |  |  |  | 0<br> \*<br>|  |
| **Total** | **$(2587181)**<br>| **$2532979** | **$(1064597)**<br>| **$7298679** | **$(1596117)**<br>|

---

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

\* Amount represents less than $1.

<sup>1</sup> Change in unrealized appreciation (depreciation) includes net unrealized appreciation (depreciation) resulting from changes in investment values during the reporting period and the reversal of previously recorded unrealized appreciation (depreciation) when gains or losses are realized. 

<sup>2</sup> Transferred into Level 3 as a result of the unavailability of a quoted price in an active market for an identical investment or the unavailability of other significant observable inputs in the valuation obtained from independent third party pricing services or broker/dealer quotations. 

<sup>3</sup> Transferred out of Level 3 as a result of the availability of a quoted price in an active market for an identical investment or the availability of other significant observable inputs. 

The following table summarizes the valuation techniques used and unobservable inputs approved by the Valuation Committee to determine the fair value of certain material Level 3 investments. The table does not include Level 3 investments with values derived utilizing prices from prior transactions or third party pricing information without adjustment (e.g., broker quotes, pricing services, net asset values). <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Fair Value <br>at 4/30/26 <br>(000's)<br>| Valuation <br>Technique(s)<br>| Unobservable <br>Input(s)<br>| Value, Range/Weighted <br>Average<br>| Impact to Valuation <br>from an Increase in <br>Input\*<br>|
| Corporate Bonds & <br> Notes<br>| $2981 | Recent Transaction | Transaction Price | Not Applicable | Increase |
| \* This column represents the directional change in the fair value of the Level 3 investments that would result in an increase from the <br> corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in <br> these unobservable inputs in isolation could result in significantly higher or lower fair value measurements. | \* This column represents the directional change in the fair value of the Level 3 investments that would result in an increase from the <br> corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in <br> these unobservable inputs in isolation could result in significantly higher or lower fair value measurements. | \* This column represents the directional change in the fair value of the Level 3 investments that would result in an increase from the <br> corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in <br> these unobservable inputs in isolation could result in significantly higher or lower fair value measurements. | \* This column represents the directional change in the fair value of the Level 3 investments that would result in an increase from the <br> corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in <br> these unobservable inputs in isolation could result in significantly higher or lower fair value measurements. | \* This column represents the directional change in the fair value of the Level 3 investments that would result in an increase from the <br> corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in <br> these unobservable inputs in isolation could result in significantly higher or lower fair value measurements. | \* This column represents the directional change in the fair value of the Level 3 investments that would result in an increase from the <br> corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in <br> these unobservable inputs in isolation could result in significantly higher or lower fair value measurements. |

---

------

Western Asset Income Fund 2026 Quarterly Report

------

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

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

**2. Transactions with affiliated company**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended April 30, 2026. The following transactions were effected in such company for the period ended April 30, 2026. <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>July 31, <br>2025 | Purchased | Purchased | Sold | Sold |
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>July 31, <br>2025 | Cost | Shares | Proceeds | Shares |
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium <br> Shares<br>| $11526843 | $68369411 | 68369411 | $78795415 | 78795415 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| (cont'd) | Realized <br>Gain (Loss)<br>| Dividend <br>Income<br>| Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Affiliate <br>Value at <br>April 30, <br>2026<br>|
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium Shares<br>|  | $113700 |  | $1100839 |

---

**3. Restricted securities**

The following Fund investments are restricted as to resale and, in the absence of readily ascertainable market values, are fair valued in accordance with procedures approved by the Board. <br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Security | &nbsp;&nbsp; Number of <br>Shares/ <br>Warrants<br>| Acquisition <br>Date<br>| Cost | Fair Value <br>at 4/30/2026<br>| Value Per <br>Share/ <br>Warrant<br>| &nbsp;&nbsp; Percent of <br>Net Assets<br>|
| Spirit Airlines LLC, Common Shares | &nbsp;&nbsp; 603 | 3/25 | $7340 | $844 | &nbsp;&nbsp; $1.40 | 0.00 %<sup>(a)</sup><br>|
| Spirit Airlines LLC, Warrants | &nbsp;&nbsp; 73904 | 3/25 | 899660 | 103466 <br><sup>(b)</sup><br>| 1.40 | 0.03 |
| **Total** |  |  | **$907000** | **$104310** |  | **0.03%**<br>|

---

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

<sup>(a)</sup> Amount represents less than 0.005%.

<sup>(b)</sup> Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board. 

------

Western Asset Income Fund 2026 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Partners Income Trust

- **b. Investment Company Act file number:** 811-04254

- **c. CIK number of Registrant:** 0000764624

- **d. LEI of Registrant:** 549300Y1U2UCLTK83X35

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

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

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 1-877-656-3863

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

- **a. Name of Series:** Western Asset Income Fund

- **b. EDGAR series identifier (if any):** S000008972

- **c. LEI of Series:** 5493007PBU5GQOUDIO10

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $340055413.51

**Total Liabilities:** $9585941.41

**Net Assets:** $330469472.10

**Delayed Delivery Securities:** $1845973.13

**Stand-by Commitments:** $263507.81

**Cash Not Reported:** $7550319.48

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 211.63000000 | **1-Year:** 8315.80000000 | **5-Year:** 30291.24000000 | **10-Year:** 15597.13000000 | **30-Year:** 1060.63000000

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

- **3-Month:** 437.55000000 | **1-Year:** 21312.89000000 | **5-Year:** 44906.46000000 | **10-Year:** 8033.59000000 | **30-Year:** 429.34000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024372 | 0.50%                | -1.63%               | 1.38%                |
| Class ID C000024374 | 0.44%                | -1.69%               | 1.32%                |
| Class ID C000024375 | 0.52%                | -1.59%               | 1.40%                |
| Class ID C000081533 | 0.46%                | -1.66%               | 1.34%                |
| Class ID C000118995 | 0.53%                | -1.59%               | 1.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $462373.40               | $-978145.71                                |
| Month 2  | $-425401.90              | $-4401527.93                               |
| Month 3  | $-843436.68              | $3461029.13                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CITIBANK, NATIONAL ASSOCIATION                                                                               | INR/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $24573.14     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, National Association                                                                        | USD/INR FORWARD                                                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $28.89        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PIXLEY PARK CLO LTD                                                                                          | PXLY 2024-1A E                                                                                          | CUSIP: 72583VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    460000 | PA      | $440971.41    | 0.13%             | 2038-01-15      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS LLC                                                                                 | MLTPLN 5.75 12/31/30 144A                                                                               | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     98392 | PA      | $81656.18     | 0.02%             | 2030-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                                                 | GOOGL 5.75 02/15/66                                                                                     | CUSIP: 02079KBQ9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    690000 | PA      | $671836.55    | 0.20%             | 2066-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Dynamo Us Bidco Inc.                                                                                         | DYNAMO US BIDCO INC                                                                                     | CUSIP: 26806DAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    965355 | PA      | $866406.17    | 0.26%             | 2031-09-30      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                                                                    | ANGOL 9.375 03/31/33 144A                                                                               | CUSIP: 035198AK6<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    200000 | PA      | $212032.54    | 0.06%             | 2033-03-31      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                                                        | LVLT 6.875 06/30/33 144A                                                                                | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    330000 | PA      | $340819.67    | 0.10%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                                        | CAS 2022-R01 1B1                                                                                        | CUSIP: 20754LAF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    670000 | PA      | $678500.96    | 0.21%             | 2041-12-26      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                                           | BX 2026-CSMO D                                                                                          | CUSIP: 12433LAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    990000 | PA      | $996703.29    | 0.30%             | 2031-02-15      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE ESCROW CL                                                                                      | CREDIT SUISSE ESCROW CL                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5380000 | PA      | $0.00         | 0.00%             | 2050-01-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO                                            | ECUA 6.9 07/31/35 REGS                                                                                  | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    174514 | PA      | $161512.71    | 0.05%             | 2035-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| Citibank, National Association                                                                               | USD/AUD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $403.85       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                                                | TDG 4.625 01/15/29                                                                                      | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    170000 | PA      | $167884.20    | 0.05%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ABRY LIQUID CREDIT CLO 2025-2 LTD                                                                            | ALC 2025-2A D                                                                                           | CUSIP: 003943AJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    580000 | PA      | $586471.93    | 0.18%             | 2039-01-15      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc                                       | First Eagle Holdings Term Loan B 350 2032-05-25                                                         | CUSIP: 32009UAD9<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |    596422 | PA      | $595759.84    | 0.18%             | 2032-08-16      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2021-230P                                                                     | MSC 2021-230P B                                                                                         | CUSIP: 61772WAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $989463.93    | 0.30%             | 2038-12-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| AKUMIN INC                                                                                                   | AKUCN 9.75 08/31/31 144A                                                                                | CUSIP: 01021XAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1028700.00   | 0.31%             | 2031-08-31      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ETHIOPIA, REPUBLIC OF                                                                                        | ETHOPI 6.625 12/11/24 REGS                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ET        |    310000 | PA      | $319294.51    | 0.10%             | 2024-12-11      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BLACK PEARL COMPUTE LLC                                                                                      | BLKPRL 6.125 02/15/31 144A                                                                              | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $396176.73    | 0.12%             | 2031-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                                      | Talen Energy Supply Term Loan B (Incremental) 200 2032-10-04                                            | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    279300 | PA      | $280063.89    | 0.08%             | 2032-11-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| DRYDEN 49 SENIOR LOAN FUND                                                                                   | DRSLF 2017-49A DR                                                                                       | CUSIP: 26244QAU7<br>LEI: 549300VCB8LYR1RGV869 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $755000.85    | 0.23%             | 2030-07-18      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                                                                         | FLTR 5.875 06/04/31 144A                                                                                | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    810000 | PA      | $807602.40    | 0.24%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                                       | 10-Year T-Note Futures, Jun-2026,ETH                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       128 | NC      | $-301729.47   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                                                 | ZFFNGR 7.5 03/24/31 144A                                                                                | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    430000 | PA      | $430848.20    | 0.13%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                                                        | JANEST 6.125 11/01/32 144A                                                                              | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    160000 | PA      | $160932.38    | 0.05%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BORR IHC LTD / BORR FINANCIAL LLC                                                                            | BORRNO 10 11/15/28 144A                                                                                 | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375610 | PA      | $392624.24    | 0.12%             | 2028-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | G2 MA8042                                                                                               | CUSIP: 36179W5B0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    144486 | PA      | $123970.92    | 0.04%             | 2052-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BAHAMAS, COMMONWEALTH OF                                                                                     | BAHAMA 8.25 06/24/36 144A                                                                               | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    910000 | PA      | $1015277.90   | 0.31%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AGL CLO 44 LTD                                                                                               | AGL 2025-44A E                                                                                          | CUSIP: 00122AAA8<br>LEI: 254900WK97J0UDI0DQ10 | Long             | ABS-CBDO         | CORP              | KY        |    670000 | PA      | $664373.01    | 0.20%             | 2037-10-22      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2025-COPT                                                                       | BX 2025-COPT A                                                                                          | CUSIP: 05618XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $170695.64    | 0.05%             | 2042-08-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 30 LTD                                                                                              | AMMC 2024-30A D1R                                                                                       | CUSIP: 03165UAU2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    470000 | PA      | $466832.81    | 0.14%             | 2039-04-15      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc                                       | FRSEAG L 08/16/32 2                                                                                     | CUSIP: 32009UAE7<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |    102083 | PA      | $101970.03    | 0.03%             | 2032-08-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                                                         | RGCARE 9.875 08/15/30 144A                                                                              | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    690000 | PA      | $732397.74    | 0.22%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                                                 | USD/GBP FORWARD                                                                                         | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-93234.88    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                                                                 | Focus Financial Term Loan B-8 (add-on) 275 2031-09-01                                                   | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |    819275 | PA      | $814113.10    | 0.25%             | 2031-09-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2018-BIOA                                                                       | BX 2026-VLT9 E                                                                                          | CUSIP: 05618UAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    680000 | PA      | $681515.86    | 0.21%             | 2045-03-15      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2025-R03                                                                 | CAS 2025-R02 1B1                                                                                        | CUSIP: 20754TAH5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1360000 | PA      | $1363257.20   | 0.41%             | 2045-02-27      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners Inc                                                                                     | BroadStreet Partners Term Loan B-4 300 2031-06-01                                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    349214 | PA      | $347420.80    | 0.11%             | 2031-06-13      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| PARAGUAY, REPUBLIC OF - MINISTRY OF FINANCE                                                                  | PARGUY 6.65 03/04/55 144A                                                                               | CUSIP: 699149BY5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    200000 | PA      | $211550.00    | 0.06%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2015-UBS8                                                                     | MSC 2015-UBS8 C                                                                                         | CUSIP: 61691ABQ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    101147 | PA      | $99430.18     | 0.03%             | 2048-12-17      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                                             | CSCHLD 6.5 02/01/29 144A                                                                                | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $785524.82    | 0.24%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                                                               | Opella (Sanofi consumer healthcare) Term Loan B 300 2032-04-01                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1054700 | PA      | $1060194.99   | 0.32%             | 2032-04-28      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| MAGNETITE XXII LTD                                                                                           | MAGNE 2019-22A DRR                                                                                      | CUSIP: 55954HBC5<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001458.50   | 0.30%             | 2036-07-15      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                                                    | SUN V7.875 PERP 144A                                                                                    | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    875000 | PA      | $906627.75    | 0.27%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                                    | EUR/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2890.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                                                 | ZFFNGR 6.875 04/23/32 144A                                                                              | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    480000 | PA      | $470010.62    | 0.14%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                                                          | AXON 6.25 03/15/33 144A                                                                                 | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    190000 | PA      | $195086.49    | 0.06%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| APEX CREDIT CLO 2021-2 LTD                                                                                   | APEXC 2021-2A CR                                                                                        | CUSIP: 03755QAJ2<br>LEI: 254900H6CNZLCIDMYC58 | Long             | ABS-CBDO         | CORP              | KY        |    290000 | PA      | $280521.55    | 0.08%             | 2034-10-20      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| HOME EQUITY ASSET TRUST 2005-8 M1                                                                            | HEAT 2005-6 M5                                                                                          | CUSIP: 437084NG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1190000 | PA      | $1166674.93   | 0.35%             | 2035-12-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                                                                           | LNW 6.25 10/01/33 144A                                                                                  | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    440000 | PA      | $436588.90    | 0.13%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                                                                          | CLYDESDALE ACQUISITION HOLDINGS INC                                                                     | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    269322 | PA      | $250598.37    | 0.08%             | 2032-04-01      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| IMPAC SECURED ASSETS CORP MORTGAGE PASS THROUGH CERTIFICATES SERIES 2006-3                                   | IMSA 2006-3 A7                                                                                          | CUSIP: 45255RAZ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    896358 | PA      | $803256.27    | 0.24%             | 2036-11-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL                                              | BNTNF 10 01/01/31 NTNF                                                                                  | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |  14652000 | PA      | $2600616.82   | 0.79%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MF1 2025-FL17 LLC                                                                                            | MF1 2025-FL17 E                                                                                         | CUSIP: 55287HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    390000 | PA      | $389073.36    | 0.12%             | 2040-02-21      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2025-NQM7                                                                    | BRAVO 2025-NQM7 A3                                                                                      | CUSIP: 10570TAD7<br>LEI: 254900I1LYOO3G3UAT10 | Long             | ABS-O            | CORP              | US        |    702778 | PA      | $705385.06    | 0.21%             | 2065-07-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| ASX 24                                                                                                       | ASX 10 Year Treasury Bond Futures                                                                       | CUSIP: 000000000<br>LEI: 549300SDXT36XYPVWI79 | N/A              | DIR              | CORP              | AU        |        61 | NC      | $-70098.08    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW GENERATION GAS                                                                                           | New Generation Gas Gathering LLC                                                                        | CUSIP: 000000000<br>LEI: 9845008CB7EPB0KCD474 | Long             | DBT              | CORP              | US        |   2866216 | PA      | $2981016.05   | 0.90%             | 2029-09-30      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| DIVERSIFIED HEALTHCARE TRUST                                                                                 | DHC 7.25 10/15/30 144A                                                                                  | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $357560.70    | 0.11%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COLUMBIA CENT CLO 35 LTD                                                                                     | CECLO 2025-35A D1A                                                                                      | CUSIP: 19739RAJ7<br>LEI: 2549006YWAD6BJI1C841 | Long             | ABS-CBDO         | CORP              | KY        |    560000 | PA      | $562595.26    | 0.17%             | 2036-07-25      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY SR INC                                                                                          | ABR 8.5 12/15/28 144A                                                                                   | CUSIP: 03881NAL1<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |    310000 | PA      | $307269.91    | 0.09%             | 2028-12-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DWIGHT 2025-FL1 ISSUER LLC                                                                                   | DWIGHT 2025-FL1 A                                                                                       | CUSIP: 233636AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1100000 | PA      | $1103391.63   | 0.33%             | 2042-06-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                                                                   | ROMANI 7.5 02/10/37 144A                                                                                | CUSIP: 77586RAW0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    310000 | PA      | $331352.60    | 0.10%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                                                        | NBR 8.875 08/15/31 144A                                                                                 | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    810000 | PA      | $855677.52    | 0.26%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| VERSANT MEDIA GROUP INC                                                                                      | VSNT 7.25 01/30/31 144A                                                                                 | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |    320000 | PA      | $332401.44    | 0.10%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DS Parent Inc                                                                                                | Davis-Standard Term Loan B 550 2030-11-26                                                               | CUSIP: 23344YAG7<br>LEI: 254900EH8GRZUGRWRH57 | Long             | LON              | CORP              | US        |    927302 | PA      | $821492.38    | 0.25%             | 2031-01-31      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                                                        | LVLT 8.5 01/15/36 144A                                                                                  | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    540000 | PA      | $579018.24    | 0.18%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                                       | 5-Year T-Note Futures, Jun-2026,ETH                                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       513 | NC      | $-902479.50   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| BANK 2019-BNK22                                                                                              | BANK 2019-BN22 A4                                                                                       | CUSIP: 06540XBG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660000 | PA      | $624282.38    | 0.19%             | 2062-11-17      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                                                                                 | Cloudera First-lien Term Loan 375 2028-07-24                                                            | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    622037 | PA      | $562169.46    | 0.17%             | 2028-10-08      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| JAMAICA, GOVERNMENT OF                                                                                       | JAMAN 9.625 11/03/30                                                                                    | CUSIP: 470160CF7<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        | 110000000 | PA      | $739415.68    | 0.22%             | 2030-11-03      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA3                                                                      | STACR 2021-DNA3 B1                                                                                      | CUSIP: 35564KFG9<br>LEI: 5493000ISUYHCRLRBE46 | Long             | ABS-O            | USGSE             | US        |    590000 | PA      | $666102.51    | 0.20%             | 2033-10-25      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC (The)                                                                   | Edelman Financial Center/Financial Engines Term Loan B 400 2031-11-01                                   | CUSIP: 27943UAN6<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    270000 | PA      | $270675.00    | 0.08%             | 2031-11-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| HP PHRG Borrower LLC                                                                                         | Power Home Remodeling Term Loan B 400 2032-02-04                                                        | CUSIP: 40445XAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    357300 | PA      | $356185.22    | 0.11%             | 2032-02-20      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                                                        | WFC V6.125 PERP GG                                                                                      | CUSIP: 95002YAE3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    360000 | PA      | $361362.96    | 0.11%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                                                          | SUZANO 3.125 01/15/32                                                                                   | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    560000 | PA      | $498972.15    | 0.15%             | 2032-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OPERATING COMPANY LP                                                                              | FPH 8 10/01/30 144A                                                                                     | CUSIP: 33834YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $471993.12    | 0.14%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST SERIES 2005-5N                                                                               | SASC 2005-RF2 A                                                                                         | CUSIP: 86359DEX1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1038919 | PA      | $957264.45    | 0.29%             | 2035-04-25      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                                               | CAD/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2661.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                                        | FNMA-30YR                                                                                               | CUSIP: 01F030652<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $262681.51    | 0.08%             | 2056-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                                                                 | NCLH 6.25 09/15/33 144A                                                                                 | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    270000 | PA      | $261503.42    | 0.08%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POPULAR ABS MORTGAGE PASS-THROUGH TRUST 2004-A                                                               | POPLR 2005-2 M2                                                                                         | CUSIP: 73316PCL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1253266 | PA      | $1091541.32   | 0.33%             | 2035-04-25      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE BORROWER LLC / RIVERS ENTERPRISE FINANCE CORP                                              | RIVENT 6.25 10/15/30 144A                                                                               | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $508873.50    | 0.15%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN CLO 5 LTD                                                                                       | NMC CLO-5A D1R                                                                                          | CUSIP: 64754WAQ6<br>LEI: 2549000KVE2J1UOHZ207 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499825.40    | 0.15%             | 2036-07-20      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MSCR TRUST MN12                                                                                  | MSCR 2025-MN12 M2                                                                                       | CUSIP: 355913AB0<br>LEI: 529900KABSM46L5D1T20 | Long             | ABS-O            | USGSE             | US        |    850000 | PA      | $848948.98    | 0.26%             | 2045-11-27      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc                                                                                            | Nexstar Broadcasting Term Loan B (Incremental) 275 2033-03-07                                           | CUSIP: 65336RBF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    510000 | PA      | $510280.50    | 0.15%             | 2033-03-18      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| KINGPIN INTERMEDIATE HOLDINGS LLC                                                                            | LUCK 7.25 10/15/32 144A                                                                                 | CUSIP: 49579RAB4<br>LEI: 549300HRZOJTMNZCST05 | Long             | DBT              | CORP              | US        |    260000 | PA      | $218311.12    | 0.07%             | 2032-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                                                   | FMCN 7.25 02/15/34 144A                                                                                 | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1470000 | PA      | $1512433.02   | 0.46%             | 2034-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                                                                      | ZIGGO 7.5 01/15/33 144A                                                                                 | CUSIP: 91845AAB1<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    240000 | PA      | $232813.68    | 0.07%             | 2033-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                                               | AUD/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $5041.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                                                                      | SASOL 5.5 03/18/31                                                                                      | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    270000 | PA      | $254691.59    | 0.08%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                                                 | CHTR 7.375 02/01/36 144A                                                                                | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $873338.41    | 0.26%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                                                    | OXY 7.95 06/15/39                                                                                       | CUSIP: 674599DH5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $2269305.60   | 0.69%             | 2039-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                                                 | UBS V9.25 PERP 144a                                                                                     | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    380000 | PA      | $411448.80    | 0.12%             | N/A             | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MICHAELS COMPANIES INC (THE)                                                                                 | MIK 11 03/15/34 144A                                                                                    | CUSIP: 59408QAA4<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1091793.31   | 0.33%             | 2034-03-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                                                                            | CHRD 6 10/01/30 144A                                                                                    | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    330000 | PA      | $336502.32    | 0.10%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                                                                     | SRILAN 3.35 03/15/33 144A                                                                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |    105659 | PA      | $94535.51     | 0.03%             | 2033-03-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP                                                                                  | GSMPS 2006-RP1 1A2                                                                                      | CUSIP: 3623413E7<br>LEI: CU46ESEFJB81SUVBJO28 | Long             | ABS-O            | CORP              | US        |    386061 | PA      | $341781.14    | 0.10%             | 2036-01-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE                                                                | EGYPT 7.0529 01/15/32 REGS                                                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    460000 | PA      | $452867.20    | 0.14%             | 2032-01-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Starwood Property Mortgage LLC                                                                               | Starwood Property Mortgage Term Loan B (Incremental) 225 2032-08-09                                     | CUSIP: 85570DAP7<br>LEI: 5493008SB15CNJRIOK13 | Long             | LON              | CORP              | US        |    378100 | PA      | $379990.50    | 0.11%             | 2032-09-24      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                                    | AUD/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-861.72      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITRIX SYSTEMS INC                                                                                           | CTXS 4.5 12/01/27                                                                                       | CUSIP: 177376AE0<br>LEI: HCTKJGUQOPZ5NBK7NP58 | Long             | DBT              | CORP              | US        |    330000 | PA      | $315272.10    | 0.10%             | 2027-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONNI COMMERCIAL MORTGAGE TRUST 2024-APT                                                                      | ONNI 2024-APT D                                                                                         | CUSIP: 682939AG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1010000 | PA      | $1030953.26   | 0.31%             | 2039-07-15      | Variable      | 7.24%                 | No            |                  2 | On Loan: No      |
| CORE SCIENTIFIC FINANCE I LLC                                                                                | CORZ 7.75 05/15/31 144A                                                                                 | CUSIP: 21874LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1017989.78   | 0.31%             | 2031-05-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC (aka Protection 1 Security Solutions)                                  | PRIME SECURITY SERVICES BOR                                                                             | CUSIP: 03765VAP5<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    544262 | PA      | $545396.96    | 0.17%             | 2030-10-13      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | G2 MA8044                                                                                               | CUSIP: 36179W5D6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    144595 | PA      | $131939.64    | 0.04%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MF1 2025-FL17 LLC                                                                                            | MF1 2025-FL17 A                                                                                         | CUSIP: 55287HAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    990000 | PA      | $990951.39    | 0.30%             | 2040-02-21      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LTD                                                                                    | MPEL 6.5 09/24/33 144A                                                                                  | CUSIP: 58547DAJ8<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    440000 | PA      | $435663.68    | 0.13%             | 2033-09-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Natgasoline LLC                                                                                              | Natgasoline Term Loan B 550 2030-03-09                                                                  | CUSIP: 63232EAD9<br>LEI: 549300OHXDYMQYZOWC24 | Long             | LON              | CORP              | US        |    497250 | PA      | $502635.22    | 0.15%             | 2030-03-29      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| NATIONAL COLLEGIATE STUDENT LOAN TRUST 2007-2 (THE)                                                          | NCSLT 2007-2 A4                                                                                         | CUSIP: 63543LAD7<br>LEI: 635400VQIBXGEB9ZUC59 | Long             | ABS-O            | CORP              | US        |    191062 | PA      | $189097.59    | 0.06%             | 2033-01-25      | Floating      | 4.06%                 | No            |                  2 | On Loan: No      |
| KREF Holdings X LLC                                                                                          | KKR Real Estate Finance Trust/KREF Holdings X Term Loan B 250 2032-02-01                                | CUSIP: 48266YAH6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    891588 | PA      | $870974.07    | 0.26%             | 2032-03-05      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                                                                  | Three-Month SOFR Futures, Jun-2026,ETH                                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |        67 | NC      | $1559.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | AUD CALL VERSUS USD PUT                                                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |  -1702000 | NC      | $-2517.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                                                   | FMCN 6.375 02/15/36 144A                                                                                | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    970000 | PA      | $954182.02    | 0.29%             | 2036-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UST Global Inc                                                                                               | UST Holdings Term Loan B 300 2028-11-01                                                                 | CUSIP: 90355HAB0<br>LEI: 984500398691E4511Z04 | Long             | LON              | CORP              | US        |    663273 | PA      | $651666.14    | 0.20%             | 2028-11-20      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-8                                                                            | VERUS 2023-8 A3                                                                                         | CUSIP: 92540DAC9<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |    608741 | PA      | $612882.80    | 0.19%             | 2068-12-25      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                                                | CRWV 9.75 10/01/31 144A                                                                                 | CUSIP: 21873SAG3<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    600000 | PA      | $603942.32    | 0.18%             | 2031-10-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC                                                                   | AESOP 2024-2A D                                                                                         | CUSIP: 05377RKK9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $810294.00    | 0.25%             | 2028-10-20      | Fixed         | 7.43%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                                                                                         | GFLCN 6.625 04/01/32 144A                                                                               | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $227129.76    | 0.07%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                                                                     | SRILAN 3.1 01/15/30 144A                                                                                | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     13867 | PA      | $13220.39     | 0.00%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-5                                                                   | NRZT 2017-5A B5                                                                                         | CUSIP: 64828NBD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    532413 | PA      | $506524.37    | 0.15%             | 2057-06-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2020-01                                                      | MCAS 2020-01 M10                                                                                        | CUSIP: 62548QAD3<br>LEI: 5493002KQF9IH3CTQZ40 | Long             | ABS-O            | CORP              | US        |   1023572 | PA      | $1040842.79   | 0.31%             | 2050-03-25      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Harbor Freight Tools USA Inc                                                                                 | Harbor Freight Term Loan B 250 2031-05-27                                                               | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |   1038741 | PA      | $1038741.34   | 0.31%             | 2031-06-11      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                              | CDS CDX.NA.HY.46.V1                                                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $1190856.73   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Arctic Canadian Diamond Company Ltd                                                                          | ARCTIC CANADIAN DIAMONDS                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1456185 | PA      | $370178.91    | 0.11%             | 2026-06-30      | Floating      | 4.31%                 | No            |                  3 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                                                 | ZFFNGR 7.125 04/14/30 144A                                                                              | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200652.20    | 0.06%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                                                         | LifePoint Health Term Loan B (Incremental) 350 2031-05-01                                               | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    719073 | PA      | $716041.91    | 0.22%             | 2031-05-16      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA6                                                                      | STACR 2021-DNA6 B1                                                                                      | CUSIP: 35564KLU1<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-O            | USGSE             | US        |    860000 | PA      | $869547.03    | 0.26%             | 2041-10-25      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY PARTNERS LLC                                                                         | HOWARD 7.375 07/15/32 144A                                                                              | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $125441.16    | 0.04%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2026-DSC1                                                     | MSRM 2026-DSC1 A2                                                                                       | CUSIP: 617950AF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    384871 | PA      | $382307.62    | 0.12%             | 2071-01-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| VT Topco Inc                                                                                                 | Veritext Term Loan B 300 2030-08-01                                                                     | CUSIP: 91838LAK6<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |     89772 | PA      | $88497.39     | 0.03%             | 2030-08-09      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Catawba Nation Gaming Authority                                                                              | CATAWBA NATION GAMING AUTHORITY                                                                         | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    710000 | PA      | $714973.55    | 0.22%             | 2032-03-29      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | G2 786690                                                                                               | CUSIP: 3622ACKB5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     72619 | PA      | $74004.32     | 0.02%             | 2053-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                                                                    | ANGOL 8 11/26/29 144A                                                                                   | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    340000 | PA      | $347957.01    | 0.11%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                                            | Euro(FGBM) Bobl Futures                                                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -10 | NC      | $20196.17     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL FOUR US CLO IV LTD                                                                                   | C4US 2025-4A D1                                                                                         | CUSIP: 14016BAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    580000 | PA      | $586526.16    | 0.18%             | 2038-10-18      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| Hologic, Inc.                                                                                                | Hologic, Inc. Term Loan B 225 2033-01-04                                                                | CUSIP: 43644ABL2<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | LON              | CORP              | US        |    740000 | PA      | $736766.20    | 0.22%             | 2033-04-07      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Diamond Sports Net, LLC                                                                                      | DIAMOND SPORTS NET LLC                                                                                  | CUSIP: 25277EAB8<br>LEI: 549300MPO5H6LGX4RJ82 | Long             | LON              | CORP              | US        |    654648 | PA      | $140281.28    | 0.04%             | 2028-01-02      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| VCI ASSET HOLDINGS 2 LLC                                                                                     | Valor                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $921150.00    | 0.28%             | 2031-02-06      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                                             | CSCHLD 11.75 01/31/29 144A                                                                              | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    720000 | PA      | $516032.57    | 0.16%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                                              | GEN 6.25 04/01/33 144A                                                                                  | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195017.09    | 0.06%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                                                                        | QNTELE 5.75 08/15/32 144A                                                                               | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    420000 | PA      | $424565.82    | 0.13%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TRUST 2005-4                                                                        | HVMLT 2005-9 2A1C                                                                                       | CUSIP: 41161PSM6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1318257 | PA      | $1242709.61   | 0.38%             | 2035-06-20      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc                                                                        | Petco Animal Supplies Term Loan B 425 2031-01-11                                                        | CUSIP: 71601HAG1<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |    620000 | PA      | $617017.80    | 0.19%             | 2031-01-22      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| CYPRIUM CORP / CYPRIUM HOLDINGS LUXEMBOURG SARL                                                              | VGNT 6.375 04/15/34 144A                                                                                | CUSIP: 23292NAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $330406.08    | 0.10%             | 2034-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                                                 | USD/EUR FORWARD                                                                                         | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2295.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                                                         | T 3.875 07/31/30                                                                                        | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $99556.64     | 0.03%             | 2030-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                                                    | OXY 6.45 09/15/36                                                                                       | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    345000 | PA      | $370968.31    | 0.11%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORP                                                                                 | FUN 8.625 01/15/32 144A                                                                                 | CUSIP: 83003AAA8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254304.00    | 0.08%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CORP TRUST 2007-9                                                                | SASC 2006-ARS1 A1                                                                                       | CUSIP: 86358LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3084372 | PA      | $52457.16     | 0.02%             | 2036-02-25      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                                                          | PEER HOLDING III BV                                                                                     | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    663275 | PA      | $666093.92    | 0.20%             | 2030-10-26      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                                                       | athenahealth Term Loan B 300 2029-02-01                                                                 | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    349118 | PA      | $348308.43    | 0.11%             | 2029-02-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| B3 - BRASIL BOLSA BALCAO SA                                                                                  | BTHREE 4.125 09/20/31 144A                                                                              | CUSIP: 11778EAA4<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | DBT              | CORP              | BR        |    480000 | PA      | $448188.00    | 0.14%             | 2031-09-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VCI ASSET HOLDIN TL 3L                                                                                       | VCI ASSET HOLDIN TL 3L                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    380000 | PA      | $386145.46    | 0.12%             | 2031-04-09      | Fixed         | 6.88%                 | No            |                  3 | On Loan: No      |
| DREAM FINDERS HOMES INC                                                                                      | DFH 6.875 09/15/30 144A                                                                                 | CUSIP: 26154DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $510374.95    | 0.15%             | 2030-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                                                    | XYZ 6 08/15/33 144A                                                                                     | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499437.50    | 0.15%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                              | CDS TRANSOCEAN INC                                                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $1824.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES                                                             | SCRT 2018-2 BX                                                                                          | CUSIP: 35563PFX2<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   3694144 | PA      | $1398806.14   | 0.42%             | 2057-11-26      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HOLDINGS COMPANY LTD                                                                          | COGARD 0 12/31/31 REGS                                                                                  | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    465617 | PA      | $49774.48     | 0.02%             | 2031-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GRANITE RIDGE RESOURCES INC                                                                                  | GRNT 8.875 11/05/29                                                                                     | CUSIP: 387432AA5<br>LEI: 254900CAHJQKOQ1YZC67 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $1009325.43   | 0.31%             | 2029-11-05      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                                                 | CHTR 7 02/01/33 144A                                                                                    | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1331806.40   | 0.40%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| OCEAN TRAILS CLO X                                                                                           | OCTR 2020-10A ER                                                                                        | CUSIP: 67516BAE1<br>LEI: 635400RMMLHBGDGXBC03 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $726951.68    | 0.22%             | 2034-10-16      | Floating      | 11.50%                | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR19 TRUST                            | WAMU 2005-AR19 A1A1                                                                                     | CUSIP: 92925CBA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     17991 | PA      | $18177.60     | 0.01%             | 2045-12-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| Dayforce Bidco, LLC                                                                                          | Dayforce (Ceridian HCM) Term Loan B 300 2033-02-01                                                      | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    900000 | PA      | $851287.50    | 0.26%             | 2033-02-04      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-4                                                                            | VERUS 2023-4 B1                                                                                         | CUSIP: 92539TAE3<br>LEI: 2138008DC17PCNG48R87 | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1047185.06   | 0.32%             | 2068-05-25      | Variable      | 8.01%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                                                                     | SRILAN 4 04/15/28 144A                                                                                  | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     36547 | PA      | $34911.39     | 0.01%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Valor                                                                                                        | Valor                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165572 | NS      | $174678.46    | 0.05%             |  |  |  | No            |                  3 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                                       | U.S. Treasury Bond Futures, Jun-2026,ETH                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -4 | NC      | $15367.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Inc                                                                                                | TransDigm Term Loan N 250 2033-02-07                                                                    | CUSIP: 89364MCG7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    330000 | PA      | $330919.05    | 0.10%             | 2033-02-10      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| ARC Falcon I Inc                                                                                             | Arclin Term Loan B 450 2033-02-07                                                                       | CUSIP: 03880YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    490000 | PA      | $460600.00    | 0.14%             | 2033-04-01      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                                                                        | QNTELE 6.25 08/15/33 144A                                                                               | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    350000 | PA      | $358531.60    | 0.11%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MOZAMBIQUE, REPUBLIC OF - MINISTRY OF FINANCE                                                                | MOZAM 9 09/15/31 REGS                                                                                   | CUSIP: 000000000<br>LEI: 213800759WLKYIKPER73 | Long             | DBT              | NUSS              | MZ        |    210000 | PA      | $172593.52    | 0.05%             | 2031-09-15      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                                                           | CCO 7.5 06/01/29 144A                                                                                   | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501220.00    | 0.15%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIA HOL RESTRICT                                                                                     | SPIRIT AVIA HOL RESTRICT                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       603 | NS      | $844.20       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNNOVA HELIOS III ISSUER LLC                                                                                | SNVA 2019-AA C                                                                                          | CUSIP: 86745LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1544414 | PA      | $1391958.81   | 0.42%             | 2046-06-20      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| CAPITAL FOUR US CLO I LTD                                                                                    | C4US 2021-1A DR                                                                                         | CUSIP: 14016TAS8<br>LEI: 549300NMXY8VXHO96C52 | Long             | ABS-CBDO         | CORP              | KY        |    670000 | PA      | $660057.94    | 0.20%             | 2035-01-18      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                                               | AMZN 5.8 03/13/56                                                                                       | CUSIP: 023135DH6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137890.21    | 0.04%             | 2056-03-13      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                                                                    | ANGOL 8.75 04/14/32 144A                                                                                | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    570000 | PA      | $594661.10    | 0.18%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | USD/EUR FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $9469.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                                                            | HRI 7.25 06/15/33 144A                                                                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    310000 | PA      | $324826.99    | 0.10%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| RENEW 2024-1                                                                                                 | RENEW 2024-1A B                                                                                         | CUSIP: 75973VAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    573902 | PA      | $577110.52    | 0.17%             | 2059-11-20      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                                                           | META 5.5 11/15/45                                                                                       | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    880000 | PA      | $818323.40    | 0.25%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GREYSTONE CRE NOTES 2025-HC4 LLC                                                                             | GSTNE 2025-HC4 AS                                                                                       | CUSIP: 39809NAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    900000 | PA      | $901162.53    | 0.27%             | 2042-10-15      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO                                             | MBONO 7.75 11/23/34 M                                                                                   | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  68720000 | PA      | $3606259.78   | 1.09%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                                                                   | IVYCST 7.625 01/30/33 144A                                                                              | CUSIP: 221625AT3<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    310000 | PA      | $325786.63    | 0.10%             | 2033-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| NOMURA RESECURITIZATION TRUST 2015-8R                                                                        | NMRR 2015-8R 4A4                                                                                        | CUSIP: 65541AAP1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1021909 | PA      | $954832.08    | 0.29%             | 2047-11-26      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2022-3                                                                              | AOMT 2022-3 A3                                                                                          | CUSIP: 03464TAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    911459 | PA      | $848401.22    | 0.26%             | 2067-01-25      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                                              | PR 6.25 02/01/33 144A                                                                                   | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    710000 | PA      | $727311.75    | 0.22%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                                                                 | MH SUB I LLC                                                                                            | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    735280 | PA      | $679379.94    | 0.21%             | 2028-05-03      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                                       | 2-Year T-Note Futures, Jun-2026,ETH                                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       216 | NC      | $-281483.14   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| WB BURGERS ASIA INC                                                                                          | WB 2024-HQ D                                                                                            | CUSIP: 92943PAG6<br>LEI: 549300GK97AYN6BKKT80 | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $646313.14    | 0.20%             | 2040-03-16      | Variable      | 8.28%                 | No            |                  2 | On Loan: No      |
| VCI Asset Holdings 1 LLC                                                                                     | VCI ASSET HOLDINGS 1 LLC                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    860000 | PA      | $921141.70    | 0.28%             | 2030-11-20      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                                                                             | WULF 7.75 10/15/30 144A                                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $546837.29    | 0.17%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VERMILION ENERGY INC                                                                                         | VETCN 7.25 02/15/33 144A                                                                                | CUSIP: 923725AE5<br>LEI: 8945009D1HGCJC8M8A68 | Long             | DBT              | RF                | CA        |    430000 | PA      | $436388.94    | 0.13%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                                                                   | UKRAIN 4.5 02/01/34 REGS                                                                                | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    329149 | PA      | $202314.17    | 0.06%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXIV LTD                                                                                | MDPK 2016-24A DR2                                                                                       | CUSIP: 55820NBC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1510000 | PA      | $1514780.51   | 0.46%             | 2029-10-22      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HOLDINGS LTD                                                                                     | GLOBAU 11.5 08/15/29 144A                                                                               | CUSIP: 00033YAA4<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203222.00    | 0.06%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| EOC Borrower LLC                                                                                             | Endeavor Term Loan B 300 2032-01-15                                                                     | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    664975 | PA      | $668549.24    | 0.20%             | 2032-03-24      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH HOLDINGS INC                                                                                       | FCFS 5.625 01/01/30 144A                                                                                | CUSIP: 31944TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $348530.28    | 0.11%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                                               | AMZN 5.65 03/13/46                                                                                      | CUSIP: 023135DG8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    180000 | PA      | $177634.10    | 0.05%             | 2046-03-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                              | CDS MGM RESORTS INTERNATIONAL                                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-82274.52    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                                                                         | RKT 6.5 08/01/29 144A                                                                                   | CUSIP: 77311WAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    495000 | PA      | $504869.81    | 0.15%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JORDAN, HASHEMITE KINGDOM OF - MINISTRY OF FINANCE                                                           | JORDAN 7.75 01/15/28 144A                                                                               | CUSIP: 41809JAA3<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    270000 | PA      | $278270.86    | 0.08%             | 2028-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                                                           | VIKCRU 5.875 10/15/33 144A                                                                              | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    630000 | PA      | $631912.68    | 0.19%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA1                                                                      | STACR 2021-DNA1 B2                                                                                      | CUSIP: 35564KBE8<br>LEI: 5493000IT1PBTE7DAT80 | Long             | ABS-O            | USGSE             | US        |    510000 | PA      | $568613.28    | 0.17%             | 2051-01-25      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| HIH TRUST 2024-61P                                                                                           | HIH 2024-61P F                                                                                          | CUSIP: 40444VAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    924533 | PA      | $930033.20    | 0.28%             | 2041-10-15      | Floating      | 9.11%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                                                 | UBS V7.75 PERP 144A                                                                                     | CUSIP: 902613BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1040000 | PA      | $1112468.24   | 0.34%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Ascensus Group Holdings Inc (f/k/a Mercury Borrower Inc)                                                     | Ascensus Term Loan B 300 2028-08-01                                                                     | CUSIP: 03836BAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1026185 | PA      | $1019386.23   | 0.31%             | 2032-11-24      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                                              | PR 7 01/15/32 144A                                                                                      | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    860000 | PA      | $894928.90    | 0.27%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KATAYMA CLO II LTD                                                                                           | KTAMA 2024-2A D                                                                                         | CUSIP: 485862AG1<br>LEI: 254900HW0KYG9AOGVP97 | Long             | ABS-CBDO         | CORP              | JE        |    680000 | PA      | $683250.74    | 0.21%             | 2037-04-20      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd                                                                                        | Black Diamond CLO 2021-1 Ltd                                                                            | CUSIP: 09204WAM6<br>LEI: 549300IEWA7GZ3ECTT90 | Long             | ABS-CBDO         | CORP              | KY        |    690000 | PA      | $688797.88    | 0.21%             | 2034-11-22      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                                     | USD/MXN FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-80826.74    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc                                                                      | Sedgwick CMS Term Loan B 250 2031-07-01                                                                 | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |    906165 | PA      | $900814.18    | 0.27%             | 2031-07-31      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY PARTNERS LLC                                                                         | HOWARD 6.625 01/15/34 144A                                                                              | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    670000 | PA      | $681948.78    | 0.21%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| 280 PARK AVENUE TRUST                                                                                        | PRK 2017-280P D                                                                                         | CUSIP: 90205FAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1089430.54   | 0.33%             | 2034-09-15      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SECURITIES TRUST 2007-HE2                                                                 | MABS 2007-HE2 A1                                                                                        | CUSIP: 57646LAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1389762 | PA      | $1236838.84   | 0.37%             | 2037-08-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                                                                       | EQMSRM 9 05/15/28 144A                                                                                  | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    430000 | PA      | $446337.42    | 0.14%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HOLDINGS COMPANY LTD                                                                          | COUNTRY GARDEN HOLDINGS COMPANY LTD HKD0.10                                                             | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | EC               | CORP              | KY        |      1860 | NS      | $69.48        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CERDIA FINANZ GMBH                                                                                           | PLATIN 9.375 10/03/31 144A                                                                              | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |    690000 | PA      | $664125.00    | 0.20%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                                                         | LifePoint Health Term Loan B 375 2031-05-01                                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    783850 | PA      | $781647.08    | 0.24%             | 2031-05-16      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO IX LTD                                                                                     | MVW 2015-9A CR                                                                                          | CUSIP: 62432BAU7<br>LEI: 549300URXZ1TS31FK720 | Long             | ABS-CBDO         | CORP              | KY        |    580000 | PA      | $583423.45    | 0.18%             | 2031-07-15      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                                               | NRG 6.125 05/15/36 144A                                                                                 | CUSIP: 629377DG4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    180000 | PA      | $179398.18    | 0.05%             | 2036-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                                    | USD/BRL FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-101768.32   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                                       | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        27 | NC      | $-120013.98   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| ALLEN MEDIA LLC                                                                                              | ALNMED 10.5 02/15/28 144A                                                                               | CUSIP: 01771YAA8<br>LEI: 549300ERNJNM4RN5JP79 | Long             | DBT              | CORP              | US        |   1860000 | PA      | $734700.00    | 0.22%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                                        | AAL 7.25 02/15/28 144A                                                                                  | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $202791.80    | 0.06%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Leia Finco US LLC                                                                                            | Darktrace First-lien Term Loan 325 2031-06-12                                                           | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    851443 | PA      | $802667.79    | 0.24%             | 2031-10-09      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTERNATIONAL CELLULAR SA                                                                           | TIGO 6.25 03/25/29 144A                                                                                 | CUSIP: 600814AQ0<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    333000 | PA      | $334802.41    | 0.10%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL COLLEGIATE STUDENT LOAN TRUST 2005-3 (THE)                                                          | NCSLT 2005-3 B                                                                                          | CUSIP: 63543TAJ7<br>LEI: 635400WAVVCUCCIGH375 | Long             | ABS-O            | CORP              | US        |   1036492 | PA      | $843049.16    | 0.26%             | 2037-07-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                                               | AMZN 5.95 03/13/66                                                                                      | CUSIP: 023135DJ2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    220000 | PA      | $217163.77    | 0.07%             | 2066-03-13      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                                                                            | CHRD 6.75 03/15/33 144A                                                                                 | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    280000 | PA      | $291502.96    | 0.09%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HIG Finance 2 Limited                                                                                        | Howden Group Holdings (fka Hyperion) Term Loan B 275 2030-04-01                                         | CUSIP: 000000000<br>LEI: 213800OOZO37Y7YL2O58 | Long             | LON              | CORP              | US        |    230157 | PA      | $227583.54    | 0.07%             | 2030-04-18      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                                                             | AmWINS Group Term Loan B 200 2032-01-01                                                                 | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    989975 | PA      | $990321.41    | 0.30%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| PUMA INTERNATIONAL FINANCING SA                                                                              | PUMAFN 7.75 04/25/29 144A                                                                               | CUSIP: 74588YAB6<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |    530000 | PA      | $545027.10    | 0.16%             | 2029-04-25      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                                                 | JPY/USD FORWARD                                                                                         | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-12800.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OCP CLO 2023-26 LTD                                                                                          | OCP 2023-26A ER                                                                                         | CUSIP: 67351PAG3<br>LEI: 254900Y4WANLHOK54N29 | Long             | ABS-CBDO         | CORP              | JE        |    990000 | PA      | $969890.13    | 0.29%             | 2037-04-17      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                                                              | NEXUS BUYER LLC                                                                                         | CUSIP: 65343UAJ1<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    248750 | PA      | $244770.00    | 0.07%             | 2031-07-31      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                                                                               | BNP V7.2 PERP 144A                                                                                      | CUSIP: 05602XQS0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $301914.30    | 0.09%             | N/A             | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                                                                          | CAS 2020-R01 1B1                                                                                        | CUSIP: 20754CAF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    670000 | PA      | $679058.07    | 0.21%             | 2040-01-25      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                                                                       | EQMSRM 8.625 05/15/32 144A                                                                              | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    710000 | PA      | $753888.65    | 0.23%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST 2022-MINI                                                                     | SMRT 2022-MINI D                                                                                        | CUSIP: 78457JAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $848468.47    | 0.26%             | 2039-01-18      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | G2 MA5192                                                                                               | CUSIP: 36179TXV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     77173 | PA      | $73609.69     | 0.02%             | 2048-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2015-1                                                                             | TPMT 2015-1 B1                                                                                          | CUSIP: 89171DAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1230000 | PA      | $1177131.77   | 0.36%             | 2053-10-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                                                                     | SRILAN 3.6 06/15/35 144A                                                                                | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     71344 | PA      | $55091.71     | 0.02%             | 2035-06-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                                                | CCL 5.125 05/01/29 144A                                                                                 | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    310000 | PA      | $309232.10    | 0.09%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | USD/JPY FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $45783.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                                       | VENLNG 9.5 02/01/29 144A                                                                                | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    160000 | PA      | $174688.32    | 0.05%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                                                           | VIKCRU 7 02/15/29 144a                                                                                  | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $200639.89    | 0.06%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH                                                           | BANORT V7.5 PERP 144A                                                                                   | CUSIP: 05971PAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    520000 | PA      | $532489.36    | 0.16%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS BIDCO LTD                                                                             | ADGLXY 1.75 09/30/27 REGS                                                                               | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |     46868 | PA      | $45723.65     | 0.01%             | 2027-09-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC                                                                                       | FLL 8.25 02/15/28 144A                                                                                  | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |   1860000 | PA      | $1767947.63   | 0.53%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                                                                                     | MEXPCP 5.5 08/17/30 144A                                                                                | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |    510000 | PA      | $514564.50    | 0.16%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                                                                         | RKT 6.125 08/01/30 144A                                                                                 | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $335065.50    | 0.10%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST 2022-MINI                                                                     | SMRT 2022-MINI F                                                                                        | CUSIP: 78457JAQ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1030000 | PA      | $1010433.09   | 0.31%             | 2039-01-18      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                                                                                     | VMED 5 07/15/30 144A                                                                                    | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    440000 | PA      | $371265.88    | 0.11%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                                         | Spirit Contingent TL                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300340 | PA      | $6006.81      | 0.00%             | 2026-07-14      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                                            | Euro(FGBL) Bund Futures                                                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        16 | NC      | $-45794.88    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                                                      | MRP 6.25 09/15/32 144A                                                                                  | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $211084.94    | 0.06%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                                                 | MPW 5 10/15/27                                                                                          | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    505000 | PA      | $492691.15    | 0.15%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                                                                   | UKRAIN 4.5 02/01/36 REGS                                                                                | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    540586 | PA      | $321418.61    | 0.10%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTERNATIONAL CELLULAR SA                                                                           | TIGO 4.5 04/27/31 144A                                                                                  | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    482000 | PA      | $450265.61    | 0.14%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                                                  | ORCL 5.7 02/04/36                                                                                       | CUSIP: 68389XDZ5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288255.72    | 0.09%             | 2036-02-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp                                                                                    | Gainwell Technologies (fka Milano Acqusition/DXC State & Local HHS) First-lien Term Loan 400 2027-08-03 | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    930183 | PA      | $916039.33    | 0.28%             | 2027-10-01      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                                            | NWG V4.5 PERP                                                                                           | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1150000 | PA      | $1516480.54   | 0.46%             | N/A             | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SENEGAL, REPUBLIC OF                                                                                         | SENEGL 6.25 05/23/33 REGS                                                                               | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    300000 | PA      | $170119.80    | 0.05%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO                                             | MEX 6 05/07/36                                                                                          | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    820000 | PA      | $824510.00    | 0.25%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IMPAC CMB TRUST                                                                                              | IMM 2005-5 A1                                                                                           | CUSIP: 45254NPU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     34193 | PA      | $32687.18     | 0.01%             | 2035-08-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                              | CDS CAESARS ENTERTAINMENT INC                                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $47264.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I INC                                                                             | MSAC 2004-NC4 M1                                                                                        | CUSIP: 61744CCH7<br>LEI: 549300RLSHIMYD3FZB52 | Long             | ABS-O            | CORP              | US        |   1284227 | PA      | $1329409.12   | 0.40%             | 2034-04-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                                                         | RRC 4.75 02/15/30 144A                                                                                  | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    430000 | PA      | $422130.70    | 0.13%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RR 18 LTD                                                                                                    | RRAM 2021-18A DR                                                                                        | CUSIP: 749737AJ1<br>LEI: 54930003V8ISBLDELD80 | Long             | ABS-CBDO         | CORP              | KY        |    720000 | PA      | $712036.80    | 0.22%             | 2040-07-16      | Variable      | 9.14%                 | No            |                  2 | On Loan: No      |
| NEXT PROPERTIES (TRUST 2401)                                                                                 | NEXTPR 4.869 01/15/30 144A                                                                              | CUSIP: 89834MAA4<br>LEI: 254900QDKZ8ZURT6FD83 | Long             | DBT              | CORP              | MX        |    390000 | PA      | $379031.25    | 0.11%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Cotiviti Inc                                                                                                 | Cotiviti Inc Term Loan B (Incremental) 275 2032-02-06                                                   | CUSIP: 22164MAF4<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    258050 | PA      | $237682.11    | 0.07%             | 2032-03-26      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| THE MICHAELS COMPANIES, INC.                                                                                 | Michaels Stores Term Loan B 500 2033-02-09                                                              | CUSIP: 59408UAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    800000 | PA      | $793084.00    | 0.24%             | 2033-03-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| DISCOVERY GLOBAL HOLDINGS INC                                                                                | WBD 5.05 03/15/42 *                                                                                     | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    790000 | PA      | $565663.70    | 0.17%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc (f/k/a Nortonlifelock Inc)                                                                   | Gen Digital (fka NortonLifelock) Term Loan B 175 2029-09-01                                             | CUSIP: 66877AAF5<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |    418351 | PA      | $412569.18    | 0.12%             | 2029-09-12      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| ABC TECHNOLOGIES INC                                                                                         | ABC TECHNOLOGIES INC/CANADA                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    607261 | PA      | $584543.57    | 0.18%             | 2031-09-08      | Floating      | 0.01%                 | No            |                  3 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                                                      | MRP 6.375 08/01/30 144A                                                                                 | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    710000 | PA      | $719587.84    | 0.22%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | IRS BRL                                                                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-25630.28    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| STONEX ESCROW ISSUER LLC                                                                                     | SNEX 6.875 07/15/32 144A                                                                                | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $351748.70    | 0.11%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Sotera Health Holdings LLC                                                                                   | Sotera Health (fka Sterigenics Nordin) Term Loan B 250 2031-05-01                                       | CUSIP: 83600VAH4<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |    746941 | PA      | $750832.56    | 0.23%             | 2031-05-30      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                                                      | TLN 6.375 05/01/33 144A                                                                                 | CUSIP: 87422VAP3<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    330000 | PA      | $330589.53    | 0.10%             | 2033-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MF1 2024-FL16 LLC                                                                                            | MF1 2024-FL16 A                                                                                         | CUSIP: 55287EAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    975000 | PA      | $977681.64    | 0.30%             | 2039-11-18      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                                                  | ORCL 5.35 05/04/33                                                                                      | CUSIP: 68389XDY8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    210000 | PA      | $204256.50    | 0.06%             | 2033-05-04      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                                             | CYH 6.875 04/15/29 144A                                                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1683379.06   | 0.51%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Pye Barker Fire & Safety LLC                                                                                 | PYFISA L 12/16/32 2                                                                                     | CUSIP: 69380SAC7<br>LEI: 254900K8RDMGUBC44870 | Long             | LON              | CORP              | US        |     50700 | PA      | $50965.41     | 0.02%             | 2032-12-16      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2022-DNA2                                                                      | STACR 2022-DNA2 B1                                                                                      | CUSIP: 35564KSJ9<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-O            | USGSE             | US        |   1220000 | PA      | $1255593.01   | 0.38%             | 2042-02-25      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| DRYDEN 113 CLO LTD                                                                                           | DRSLF 2022-113A D1R3                                                                                    | CUSIP: 26253EBR8<br>LEI: 254900XN9Y85HJGYJ219 | Long             | ABS-CBDO         | CORP              | JE        |    600000 | PA      | $601457.34    | 0.18%             | 2037-10-15      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 27 LTD                                                                                              | AMMC 2022-27A DR                                                                                        | CUSIP: 00173UBA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    490000 | PA      | $489961.05    | 0.15%             | 2037-01-20      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | IRS BRL                                                                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-34195.28    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUEBERRY PARK CLO LTD                                                                                       | BERRY 2024-1A D1                                                                                        | CUSIP: 09609QAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1430000 | PA      | $1419627.64   | 0.43%             | 2037-10-20      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                                                                   | UKRAIN 0 02/01/34 REGS                                                                                  | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    335938 | PA      | $159676.64    | 0.05%             | 2034-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                                                         | NLSN 10.375 05/15/31 144A                                                                               | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    350000 | PA      | $361448.85    | 0.11%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Oak-Eagle Acquireco, Inc.                                                                                    | Electronic Arts Term Loan B 350 2033-03-14                                                              | CUSIP: 67123SAB5<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |    230000 | PA      | $230345.00    | 0.07%             | 2033-03-24      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding Inc                                                                       | PROJECT ALPHA INTERMEDIATE HOLDING INC                                                                  | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    975199 | PA      | $770407.39    | 0.23%             | 2030-10-28      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHOSPHATES SA                                                                           | OCPMR 6.75 05/02/34 144A                                                                                | CUSIP: 67091TAF2<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    470000 | PA      | $494052.76    | 0.15%             | 2034-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                                                          | PEER USA LLC                                                                                            | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    210000 | PA      | $210446.25    | 0.06%             | 2032-09-29      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network Holdings Inc.                                                                              | Blackhawk Network Holdings Term Loan B 350 2029-03-01                                                   | CUSIP: 09238FAN1<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |    764522 | PA      | $758654.21    | 0.23%             | 2029-03-12      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                                                  | ORCL 4.95 02/04/31                                                                                      | CUSIP: 68389XDX0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    570000 | PA      | $557708.29    | 0.17%             | 2031-02-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Pye Barker Fire & Safety LLC                                                                                 | Pye-Barker Fire & Safety Term Loan B 250 2032-11-29                                                     | CUSIP: 69380SAB9<br>LEI: 254900K8RDMGUBC44870 | Long             | LON              | CORP              | US        |    339300 | PA      | $341076.24    | 0.10%             | 2032-12-16      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | IRS BRL                                                                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-93171.31    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                                                      | NXST 6.5 09/15/33 144A                                                                                  | CUSIP: 65346UAB5<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403336.40    | 0.12%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                                                  | RCL 6 02/01/33 144A                                                                                     | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    360000 | PA      | $365612.70    | 0.11%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                                                                                            | USRENA 10.625 06/28/28 144a                                                                             | CUSIP: 90355YAA5<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |    602000 | PA      | $502670.00    | 0.15%             | 2028-06-28      | Fixed         | 10.62%                | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                                                     | LLOYDS V8.5 PERP                                                                                        | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    930000 | PA      | $1324706.96   | 0.40%             | N/A             | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST                                                                          | CGCMT 2023-SMRT A                                                                                       | CUSIP: 17291NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $969502.17    | 0.29%             | 2040-06-12      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| PM GENERAL PURCHASER LLC                                                                                     | AMGENE 9.5 10/01/28 144A                                                                                | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3420000 | PA      | $3189150.00   | 0.97%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                                        | FN DC6402                                                                                               | CUSIP: 3140AUDG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    190442 | PA      | $187960.83    | 0.06%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIDE TRUST 2025-SHRE                                                                                         | RIDE 2025-SHRE D                                                                                        | CUSIP: 765692AG3<br>LEI: 5493000HCHF3YP6AGZ15 | Long             | ABS-O            | CORP              | US        |   1140000 | PA      | $1154410.97   | 0.35%             | 2047-02-14      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                                                      | UKG Term Loan B 350 2031-01-20                                                                          | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    478797 | PA      | $462819.54    | 0.14%             | 2031-02-10      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                                               | NRG 6 01/15/36 144A                                                                                     | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1540152.39   | 0.47%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                                             | IRS MXN                                                                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $183475.17    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| VFH PARENT LLC                                                                                               | VIRT 7.5 06/15/31 144A                                                                                  | CUSIP: 91824YAA6<br>LEI: 549300FRO9M476YHHY64 | Long             | DBT              | CORP              | US        |    270000 | PA      | $283697.64    | 0.09%             | 2031-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE BV                                                                                  | PETBRA 6.85 06/05/15                                                                                    | CUSIP: 71647NAN9<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    690000 | PA      | $657601.81    | 0.20%             | 2115-06-05      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                                                                             | ABEGET 10.5 11/15/30 144A                                                                               | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    280000 | PA      | $248450.24    | 0.08%             | 2030-11-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| WW International Inc                                                                                         | WW INTERNATIONAL INC                                                                                    | CUSIP: 92941PAE3<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | LON              | CORP              | US        |    650000 | PA      | $437215.94    | 0.13%             | 2030-06-24      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                                                      | TLN 6.5 02/01/36 144A                                                                                   | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    560000 | PA      | $562414.62    | 0.17%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Modena Buyer LLC                                                                                             | MODENA BUYER LLC                                                                                        | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    878195 | PA      | $797084.91    | 0.24%             | 2031-07-01      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| RAILWORKS HOLDINGS LP                                                                                        | RWORKS 8.25 11/15/28 144A                                                                               | CUSIP: 75079MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $402135.20    | 0.12%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MCCLATCHY MEDIA CO LLC                                                                                       | MCLTCH 11 12/01/31 144A                                                                                 | CUSIP: 00456LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8333815 | PA      | $9521383.64   | 2.88%             | 2031-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                                                     | CE 7 02/15/31                                                                                           | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    110000 | PA      | $114530.13    | 0.03%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                                                                  | CRGYFN 7.375 01/15/33 144A                                                                              | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1331210.40   | 0.40%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | TRS JPEIFNTR INDEX                                                                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $182789.08    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2024-70P                                                                   | GSMS 2024-70P E                                                                                         | CUSIP: 36269JAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    845000 | PA      | $854675.42    | 0.26%             | 2041-03-12      | Variable      | 9.26%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                                                                   | UKRAIN 0 02/01/35 REGS                                                                                  | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    283891 | PA      | $145057.09    | 0.04%             | 2035-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                                                     | TIBX 9 09/30/29 144A                                                                                    | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108098.67    | 0.03%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS INC                                                                                 | UAL 5.375 03/01/31                                                                                      | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |    330000 | PA      | $325665.08    | 0.10%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                                                         | NEFINA 8 04/15/30 144A                                                                                  | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $457805.04    | 0.14%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DCert Buyer Inc                                                                                              | DigiCert Second-lien Term Loan 700 2029-02-02                                                           | CUSIP: 24022KAJ8<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |    520043 | PA      | $408233.85    | 0.12%             | 2029-02-19      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC                                                                                          | FOUR 5.5 05/15/33 144A                                                                                  | CUSIP: 000000000<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |    190000 | PA      | $214454.14    | 0.06%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BXMT 2026-FL6 LTD                                                                                            | BXMT 2026-FL6 A                                                                                         | CUSIP: 05620AAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    620000 | PA      | $620384.90    | 0.19%             | 2043-08-19      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                                         | Spirit Airlines, LLC Second DIP New Money Delayed TL                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     31793 | PA      | $30998.37     | 0.01%             | 2026-07-14      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| MSWF 2023-1                                                                                                  | MSWF 2023-1 A4                                                                                          | CUSIP: 55376CAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    820000 | PA      | $841201.76    | 0.25%             | 2056-05-17      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                              | CDS NABORS INDUSTRIES INC                                                                               | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-3974.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                                                    | IRS BRL                                                                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-869941.17   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| MULTIFAMILY TRUST 2016-1                                                                                     | MFMT 2016-1 B                                                                                           | CUSIP: 62547L103<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    173019 | PA      | $168086.09    | 0.05%             | 2046-04-25      | Variable      | 26.47%                | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                                                                                       | PSLOGI 7.875 10/15/29 144A                                                                              | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1171000 | PA      | $1138681.34   | 0.34%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Hut 8 DC LLC                                                                                                 | HUTRBA 6.192 11/15/42 144A                                                                              | CUSIP: 44813DAA4<br>LEI: 2549001DBTVKADI7M690 | Long             | DBT              | CORP              | CA        |    280000 | PA      | $282494.41    | 0.09%             | 2042-11-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| Relativity Intermediate Holdco LLC                                                                           | Relativity Term Loan B 275 2033-01-06                                                                   | CUSIP: 75944WAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    180000 | PA      | $179250.30    | 0.05%             | 2033-01-30      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                                                                                             | MELI 3.125 01/14/31                                                                                     | CUSIP: 58733RAF9<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |    400000 | PA      | $369710.92    | 0.11%             | 2031-01-14      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GEE AUTOMOTIVE HOLDINGS LLC                                                                                  | GEEATO 7.25 03/01/31 144A                                                                               | CUSIP: 36846VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $569872.80    | 0.17%             | 2031-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WELLESLEY PARK CLO LTD                                                                                       | WELPK 2025-1A E                                                                                         | CUSIP: 94949BAA0<br>LEI: 254900LVLIQL8YP6PL27 | Long             | ABS-CBDO         | CORP              | KY        |    340000 | PA      | $335812.49    | 0.10%             | 2039-01-24      | Floating      | 8.27%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | GNR 2021-5 IO                                                                                           | CUSIP: 38380RSG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1225215 | PA      | $95886.04     | 0.03%             | 2061-01-16      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2015-C                                                                      | SMB 2015-C R                                                                                            | CUSIP: 78448R106<br>LEI: 549300GD7VLLBVPDNJ81 | Long             | ABS-O            | CORP              | US        |      1092 | PA      | $294365.75    | 0.09%             | 2046-09-17      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CFC Bidco 2022 Limited                                                                                       | CFC Group Term Loan B 375 2032-05-18                                                                    | CUSIP: 12531JAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    887775 | PA      | $860032.03    | 0.26%             | 2032-07-01      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                                                                 | NCLH 5.875 01/15/31 144A                                                                                | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    470000 | PA      | $457721.34    | 0.14%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                                                                        | Jane Street Group Term Loan B 200 2031-12-01                                                            | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |    989556 | PA      | $989061.34    | 0.30%             | 2031-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                                                     | WYNFIN 7.125 02/15/31 144A                                                                              | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $232960.64    | 0.07%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP                                                                                 | TEP 6 12/31/30 144A                                                                                     | CUSIP: 87470LAJ0<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150873.60    | 0.05%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                                           | BX 2024-CNYN D                                                                                          | CUSIP: 05612HAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    941109 | PA      | $943833.19    | 0.29%             | 2041-04-15      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                                                  | BHCCN 11 09/30/28 144A                                                                                  | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    530000 | PA      | $551594.85    | 0.17%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BX TRUST 2019-IMC                                                                                            | BX 2019-IMC F                                                                                           | CUSIP: 05608BAQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1039983.00   | 0.31%             | 2034-04-17      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| BABCOCK & WILCOX ENTERPRISES INC                                                                             | BW 8.75 06/30/30 144A                                                                                   | CUSIP: 05614LAB6<br>LEI: 5493006H661OZN2C0T54 | Long             | DBT              | CORP              | US        |    870000 | PA      | $869875.17    | 0.26%             | 2030-06-30      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| TEAM SERVICES HOLDING INC                                                                                    | TEAPUB 9 02/15/33 144A                                                                                  | CUSIP: 87821TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    530000 | PA      | $530561.80    | 0.16%             | 2033-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BUENOS AIRES, PROVINCE OF                                                                                    | BUENOS 6.625 09/01/37 144A                                                                              | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    439249 | PA      | $340063.18    | 0.10%             | 2037-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                                                | TDG 6.125 07/31/34 144A                                                                                 | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    410000 | PA      | $410963.47    | 0.12%             | 2034-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MF1 2025-FL17 LLC                                                                                            | MF1 2025-FL17 D                                                                                         | CUSIP: 55287HAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    460000 | PA      | $458558.22    | 0.14%             | 2040-02-21      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                                                                              | FAIRIC 6.25 09/15/34 144A                                                                               | CUSIP: 303250AJ3<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    380000 | PA      | $374346.51    | 0.11%             | 2034-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                                                | SATS 10.75 11/30/29 .                                                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   1576050 | PA      | $1712193.00   | 0.52%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| TURK TELEKOMUNIKASYON AS                                                                                     | TURKTI 7.375 05/20/29 144A                                                                              | CUSIP: 90011QAD2<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |    630000 | PA      | $647290.95    | 0.20%             | 2029-05-20      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Celsius Holdings, Inc.                                                                                       | Celsius Term Loan B 250 2032-04-01                                                                      | CUSIP: 15118XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    657806 | PA      | $661985.90    | 0.20%             | 2032-04-01      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                                                | CCL 6.125 02/15/33 144A                                                                                 | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    500000 | PA      | $507604.79    | 0.15%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-KING                                                                       | BX 2024-KING E                                                                                          | CUSIP: 05612RAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1056097 | PA      | $1058624.56   | 0.32%             | 2034-05-15      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| OHA CREDIT FUNDING 11 LTD                                                                                    | OAKC 2022-11A D1R                                                                                       | CUSIP: 67115VAW2<br>LEI: 2549002MG7GTTY5LHR97 | Long             | ABS-CBDO         | CORP              | BM        |   1680000 | PA      | $1684102.06   | 0.51%             | 2037-07-20      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HOLDINGS COMPANY LTD                                                                          | COGARD 5 12/31/32 REG                                                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    224746 | PA      | $30902.62     | 0.01%             | 2032-12-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MEDICAL PROPERTIES TRUST INC                                                                                 | MPW 4.625 08/01/29                                                                                      | CUSIP: 55342UAJ3<br>LEI: 254900U6E39J1MQCCY14 | Long             | DBT              | CORP              | US        |    440000 | PA      | $364411.83    | 0.11%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                                                       | WCC 5.5 04/15/34 144A                                                                                   | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    320000 | PA      | $319976.96    | 0.10%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| A-AP Buyer, Inc.                                                                                             | Austin Powder Holdings Company Term Loan B 275 2031-09-01                                               | CUSIP: 00036FAB0<br>LEI: 254900BOO8W9IR1VYO11 | Long             | LON              | CORP              | US        |    308438 | PA      | $310110.02    | 0.09%             | 2031-09-09      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| GRUPO TELEVISA SAB                                                                                           | TELVIS 5 05/13/45                                                                                       | CUSIP: 40049JBA4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    740000 | PA      | $495079.48    | 0.15%             | 2045-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2018-LUAU                                                                  | GSMS 2018-LUAU G                                                                                        | CUSIP: 36256AAS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1030000 | PA      | $1021259.63   | 0.31%             | 2032-11-15      | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                                                     | TIBX 8.25 06/30/32 144A                                                                                 | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     80000 | PA      | $76059.42     | 0.02%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Kingpin Intermediate Holdings LLC                                                                            | Lucky Strike Entertainment (fka Bowlero/Bowlmor) Term Loan B 325 2032-09-08                             | CUSIP: 49579GAJ1<br>LEI: 549300HRZOJTMNZCST05 | Long             | LON              | CORP              | US        |   1007475 | PA      | $883747.00    | 0.27%             | 2032-09-22      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HOLDINGS LTD                                                                                     | GLOBAU 8.375 01/15/29 144A                                                                              | CUSIP: 00033GAA3<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |    950000 | PA      | $906642.00    | 0.27%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM1 TRUST                                                                                          | OBX 2024-NQM1 A3                                                                                        | CUSIP: 67448LAC6<br>LEI: 254900UI1468MQ7I8472 | Long             | ABS-O            | CORP              | US        |    433204 | PA      | $435775.52    | 0.13%             | 2063-11-25      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                                             | CYH 5.25 05/15/30 144A                                                                                  | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    230000 | PA      | $217293.86    | 0.07%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP                                                                                 | AM 5.75 10/15/33 144A                                                                                   | CUSIP: 03690AAM8<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |    370000 | PA      | $369481.11    | 0.11%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MORTGAGE LOAN TRUST                                                                               | LBMLT 2005-1 M4                                                                                         | CUSIP: 542514KC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1022786 | PA      | $1012046.66   | 0.31%             | 2035-02-25      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| TRESTLES CLO VIII LTD                                                                                        | TREST 2025-8A D1                                                                                        | CUSIP: 89533DAL4<br>LEI: 2549002BMO2L1UMJWE02 | Long             | ABS-CBDO         | CORP              | KY        |    630000 | PA      | $632706.42    | 0.19%             | 2035-06-11      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                                                                | FCFS 4.625 09/01/28 144A                                                                                | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1003437.95   | 0.30%             | 2028-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MLTI TRUST 2026-SF75                                                                                         | MLTI 2026-SF75 E                                                                                        | CUSIP: 55318JAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $847279.24    | 0.26%             | 2031-03-17      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                                               | BBDBCN 7 06/01/32 144A                                                                                  | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    470000 | PA      | $491194.18    | 0.15%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                           | ET 5.35 05/15/45                                                                                        | CUSIP: 86765BAQ2<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |    480000 | PA      | $431149.54    | 0.13%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DISCOVERY GLOBAL HOLDINGS INC                                                                                | WBD 4.279 03/15/32 *                                                                                    | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    536000 | PA      | $486141.28    | 0.15%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC (THE)                                                                                          | GEO 10.25 04/15/31                                                                                      | CUSIP: 36162JAH9<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    760000 | PA      | $816067.89    | 0.25%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| 720 EAST CLO 2022-I LTD                                                                                      | NWML 2022-1A ER                                                                                         | CUSIP: 81785CAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $244111.35    | 0.07%             | 2038-01-20      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| PAN AMERICAN ENERGY SL ARGENTINA BRANCH                                                                      | PANAME 8.5 04/30/32 144A                                                                                | CUSIP: 69784DAD0<br>LEI: 529900QG9TOWTXWOBF90 | Long             | DBT              | CORP              | AR        |    380000 | PA      | $408595.00    | 0.12%             | 2032-04-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                                                                                               | TACN 6.5 03/15/40                                                                                       | CUSIP: 89346DAE7<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $350614.25    | 0.11%             | 2040-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                                             | CYH 6.125 04/01/30 144A                                                                                 | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    320000 | PA      | $283948.74    | 0.09%             | 2030-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ALTERNATIVE LOAN TRUST 2006-HY12                                                                             | CWALT 2006-18CB A6                                                                                      | CUSIP: 02147FAQ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    214095 | PA      | $200676.71    | 0.06%             | 2036-07-25      | Floating      | 13.52%                | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                                                                                       | NOG 7.875 10/15/33 144A                                                                                 | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    530000 | PA      | $549538.19    | 0.17%             | 2033-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE LLC                                                                                 | ROCKIE 6.875 04/15/40 144A                                                                              | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    560000 | PA      | $565814.48    | 0.17%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (Us) LLC                                                                      | ALLWYN ENTERTAINMENT FINANCING US LLC                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    327094 | PA      | $321234.40    | 0.10%             | 2031-06-02      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | G2 MA9170                                                                                               | CUSIP: 36179YFK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     81114 | PA      | $80779.27     | 0.02%             | 2053-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING 2017-III LTD                                                                                    | CIFC 2017-3A D1R                                                                                        | CUSIP: 12548JAU6<br>LEI: 254900S2BZHNDNVF2L25 | Long             | ABS-CBDO         | CORP              | KY        |    790000 | PA      | $782778.45    | 0.24%             | 2037-04-20      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2021-L7                                                                       | MSC 2021-L7 XA                                                                                          | CUSIP: 61772TBN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8600023 | PA      | $310604.43    | 0.09%             | 2054-10-19      | Variable      | 1.17%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE LLC                                                                                 | ROCKIE 7.5 07/15/38 144A                                                                                | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    240000 | PA      | $254364.72    | 0.08%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                                       | TRICGR L 06/29/26 1                                                                                     | CUSIP: 31935HAM9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    149410 | PA      | $36932.65     | 0.01%             | 2026-06-29      | Floating      | 13.66%                | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                                                     | DTV 8.875 02/01/30 144a                                                                                 | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $183549.96    | 0.06%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Learfield Communications LLC                                                                                 | Learfield Communications Term Loan B 500 2028-06-01                                                     | CUSIP: 00165HAL7<br>LEI: 549300177GK4LMS8T214 | Long             | LON              | CORP              | US        |    853528 | PA      | $857049.22    | 0.26%             | 2028-06-30      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| LRS Holdings LLC                                                                                             | Lakeshore Recycling Systems Term Loan B 425 2028-08-01                                                  | CUSIP: 50205HAC4<br>LEI: 2549000MQSLNQZB32779 | Long             | LON              | CORP              | US        |   1253224 | PA      | $1242257.89   | 0.38%             | 2028-08-31      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| Knight Health Holdings LLC                                                                                   | Knight Health Holdings LLC                                                                              | CUSIP: 49902TAB8<br>LEI: 2549008OACTDEJGJC870 | Long             | LON              | CORP              | US        |    622503 | PA      | $430762.82    | 0.13%             | 2028-12-23      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                                                           | GHANA 5 07/03/35 144A                                                                                   | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    211560 | PA      | $194693.24    | 0.06%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                                                  | BHCCN 7 01/15/28 144A                                                                                   | CUSIP: 071734AD9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    360000 | PA      | $317075.96    | 0.10%             | 2028-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                                                                                        | CSV 4.25 05/15/29 144A                                                                                  | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    690000 | PA      | $668477.38    | 0.20%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SWCH COMMERCIAL MORTGAGE TRUST 2025-DATA                                                                     | SWCH 2025-DATA A                                                                                        | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1150000 | PA      | $1141586.83   | 0.35%             | 2042-02-18      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO                                            | ECUA 8.75 01/29/34 144A                                                                                 | CUSIP: 27927WAQ5<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    510000 | PA      | $521475.00    | 0.16%             | 2034-01-29      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| VFH Parent LLC                                                                                               | Virtu Financial Term Loan B 250 2031-06-01                                                              | CUSIP: 91820UAV2<br>LEI: 549300FRO9M476YHHY64 | Long             | LON              | CORP              | US        |   1059300 | PA      | $1064596.50   | 0.32%             | 2031-06-21      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| J.B. POINDEXTER & CO. INC                                                                                    | JBPOIN 8.75 12/15/31 144A                                                                               | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    415000 | PA      | $430559.60    | 0.13%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                                                                            | DISH 11.75 11/15/27 144A                                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1477182.85   | 0.45%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL ISSUER TRUST                                                                                | MIDCAP F 01/15/56 144a                                                                                  | CUSIP: 59590AAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    860000 | PA      | $832809.64    | 0.25%             | 2056-01-15      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| SFO COMMERCIAL MORTGAGE TRUST 2021-555                                                                       | SFO 2021-555 E                                                                                          | CUSIP: 78432WAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $742888.73    | 0.22%             | 2038-05-17      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Osmose Utilities Services Inc                                                                                | Osmose Utilities Services Term Loan B 325 2028-05-31                                                    | CUSIP: 68835HAH3<br>LEI: 549300FSLVHLFZ3S0D82 | Long             | LON              | CORP              | US        |    527811 | PA      | $526821.35    | 0.16%             | 2028-06-23      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                                                                                     | Virgin Media Term Loan Y (Incremental) 325 2031-02-26                                                   | CUSIP: 000000000<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |    700000 | PA      | $656761.00    | 0.20%             | 2031-03-31      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines Contingent                                                                                   | SPIRIT FUNDED ROLL UP TL                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    788324 | PA      | $354745.89    | 0.11%             | 2026-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                                            | SFRFP 6.5 04/15/32 144A                                                                                 | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1562501 | PA      | $1537682.55   | 0.47%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Spencer Spirit IH LLC                                                                                        | Spencer Spirit Term Loan B 475 2031-07-01                                                               | CUSIP: 84823UAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    843635 | PA      | $845743.89    | 0.26%             | 2031-07-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO IX LTD                                                                                         | JTWN 2016-9A CR3                                                                                        | CUSIP: 47048JBK8<br>LEI: 254900NFTK4YH0WYT485 | Long             | ABS-CBDO         | CORP              | KY        |    490000 | PA      | $486892.76    | 0.15%             | 2034-07-25      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| BRAVO MORTGAGE ASSET TRUST 2006-1                                                                            | BMAT 2006-1A M1                                                                                         | CUSIP: 105667AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1855856 | PA      | $1697275.17   | 0.51%             | 2036-07-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY INC                                                                        | WOOF 8.25 02/01/31 144A                                                                                 | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |    420000 | PA      | $424410.54    | 0.13%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                                                     | BLURAC 7.25 07/15/32 144A                                                                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $324466.46    | 0.10%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC                                                  | UNIT 8.625 06/15/32 Feb                                                                                 | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $345626.97    | 0.10%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Evertec Group LLC                                                                                            | EVERTEC LLC                                                                                             | CUSIP: 000000000<br>LEI: 54930056CPTQSUNQYB82 | Long             | LON              | CORP              | US        |    700000 | PA      | $702625.00    | 0.21%             | 2030-10-30      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2025-28L                                                                       | NYC 2025-28L F                                                                                          | CUSIP: 67123JAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $349461.07    | 0.11%             | 2038-11-05      | Variable      | 8.40%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2019-R05                                                                 | CAS 2019-R05 1B1                                                                                        | CUSIP: 20754HAD0<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    647692 | PA      | $651981.96    | 0.20%             | 2039-07-25      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| MERIDIAN ARC HOLDCO LLC                                                                                      | MERIDI 6.25 04/30/31 144A                                                                               | CUSIP: 58990CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1030000 | PA      | $1030244.51   | 0.31%             | 2031-04-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EL SALVADOR, REPUBLIC OF - MINISTRY OF FINANCE                                                               | ELSALV 9.65 11/21/54 144A                                                                               | CUSIP: 283875CG5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    530000 | PA      | $598264.00    | 0.18%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| WBI OPERATIONS LLC                                                                                           | WBI 6.5 10/15/33 144A                                                                                   | CUSIP: 92944BAB7<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353956.75    | 0.11%             | 2033-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                                                                                      | LTMCI 7.875 04/15/30 144A                                                                               | CUSIP: 51817RAD8<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    480000 | PA      | $490200.00    | 0.15%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NMEF FUNDING 2025-A LLC                                                                                      | NMEF 2025-A D                                                                                           | CUSIP: 62919VAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    780000 | PA      | $794950.57    | 0.24%             | 2032-07-15      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                                     | G2 MA6869                                                                                               | CUSIP: 36179VT26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     93111 | PA      | $91566.74     | 0.03%             | 2050-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                                                     | TIBX 6.625 08/15/33 144A                                                                                | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    300000 | PA      | $268955.35    | 0.08%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Sonrava Health Holdings LLC (f/k/a PDS Holdco Inc)                                                           | SONRAV L 08/18/28 4                                                                                     | CUSIP: 83569KAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1758130 | PA      | $95598.34     | 0.03%             | 2028-08-18      | Floating      | 14.25%                | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MANUFACTURING INC                                                                            | AXL 7.75 10/15/33 144A                                                                                  | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $986722.17    | 0.30%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                                                                     | SRILAN 3.6 02/15/38 144A                                                                                | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     99070 | PA      | $93547.93     | 0.03%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                                                                 | MLTPLN L 12/31/30 1                                                                                     | CUSIP: 55328HAP6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |    200447 | PA      | $200672.78    | 0.06%             | 2030-12-31      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| SPECTRUM MANAGEMENT HOLDING COMPANY LLC                                                                      | CHTR 6.75 06/15/39                                                                                      | CUSIP: 88732JAU2<br>LEI: B1WXCWLJVJXMWJX6O298 | Long             | DBT              | CORP              | US        |    330000 | PA      | $327561.61    | 0.10%             | 2039-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                                                     | EQT 7.5 06/01/30                                                                                        | CUSIP: 26884LBB4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    170000 | PA      | $184680.74    | 0.06%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                                            | SFRFP 6.875 07/15/32 144A                                                                               | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    792683 | PA      | $780348.38    | 0.24%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MSWF COMMERCIAL MORTGAGE TRUST 2023-2                                                                        | MSWF 2023-2 C                                                                                           | CUSIP: 55361AAZ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    930000 | PA      | $991615.66    | 0.30%             | 2056-12-15      | Variable      | 7.24%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2026-2                                                                            | VERUS 2026-2 A2                                                                                         | CUSIP: 92490GAL2<br>LEI: 213800OKSLL73WD2H386 | Long             | ABS-O            | CORP              | US        |    670659 | PA      | $663516.53    | 0.20%             | 2071-02-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| Calabrio/Verint                                                                                              | CALABRIO INC                                                                                            | CUSIP: 12804VAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    210000 | PA      | $165834.90    | 0.05%             | 2032-11-26      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                                                 | MPW 3.692 06/05/28                                                                                      | CUSIP: 55342UAL8<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    150000 | PA      | $177651.74    | 0.05%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING LP                                                                               | WES 5.3 03/01/48                                                                                        | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    960000 | PA      | $819590.92    | 0.25%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                                             | CYH 9.75 01/15/34 144A                                                                                  | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    510000 | PA      | $526656.72    | 0.16%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                                                                                           | Long Gilt Future - ICEU, Jun26                                                                          | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |        12 | NC      | $-95383.89    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BDS 2026-FL17 LLC                                                                                            | BDS 2026-FL17 A                                                                                         | CUSIP: 05494WAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $501250.00    | 0.15%             | 2043-05-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK 2024-BNK48                                                                                              | BANK 2024-BNK48 A5                                                                                      | CUSIP: 06541GAH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    665000 | PA      | $668379.66    | 0.20%             | 2057-10-17      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| CLARITEV CORP                                                                                                | CTEV 6.75 03/31/31 144A                                                                                 | CUSIP: 62548MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890527 | PA      | $601105.73    | 0.18%             | 2031-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2021-SDMF                                                                                           | BX 2021-SDMF F                                                                                          | CUSIP: 12434CAQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1053253 | PA      | $1053130.20   | 0.32%             | 2034-09-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| HAYFIN US XV LTD                                                                                             | HAYFN 2024-15A D1                                                                                       | CUSIP: 420916AL2<br>LEI: 549300JYC8Y5LVLQTR58 | Long             | ABS-CBDO         | CORP              | KY        |   1680000 | PA      | $1696990.01   | 0.51%             | 2037-04-28      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                                                                 | MH SUB I LLC                                                                                            | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    497707 | PA      | $394709.33    | 0.12%             | 2031-12-31      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                                            | SFRFP 10 01/15/33 144A                                                                                  | CUSIP: 020956AA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    348000 | PA      | $344461.81    | 0.10%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| NATIONAL COLLEGIATE STUDENT LOAN TRUST 2005-1 (THE)                                                          | NCSLT 2005-1 B                                                                                          | CUSIP: 63543PBK1<br>LEI: 635400YFCYTJSI5XDJ17 | Long             | ABS-O            | CORP              | US        |    377723 | PA      | $357928.43    | 0.11%             | 2035-03-25      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM3                                                                | NRZT 2026-NQM3 A3                                                                                       | CUSIP: 64832PAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    669495 | PA      | $662921.50    | 0.20%             | 2066-02-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1 LLC                                                                                  | TRACTC 5.875 03/01/31 144A                                                                              | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $834528.89    | 0.25%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                                                            | VENTGL 4.125 08/15/31 144A                                                                              | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    910000 | PA      | $852979.95    | 0.26%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                                                           | VEGLPL 6.75 01/15/36 144A                                                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1680353.70   | 0.51%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                                                                 | MLTPLN L 12/31/30 2                                                                                     | CUSIP: 55328HAQ4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |    671583 | PA      | $602746.03    | 0.18%             | 2030-12-31      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Phoenix Guarantor Inc                                                                                        | PHOENIX GUARANTOR INC                                                                                   | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |    695622 | PA      | $698780.07    | 0.21%             | 2031-02-21      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| ARC FALCON I INC                                                                                             | NEWARC 9.75 03/01/33 144A                                                                               | CUSIP: 03881HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    690000 | PA      | $677076.30    | 0.20%             | 2033-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2017-CHOP                                                                                         | CSMC 2017-CHOP H                                                                                        | CUSIP: 12651QAU3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1023268.29   | 0.31%             | 2032-07-15      | Floating      | 12.54%                | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                                                        | JANEST 6.75 05/01/33 144A                                                                               | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    360000 | PA      | $370026.36    | 0.11%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8                                                                  | CGCMT 2017-P8 XA                                                                                        | CUSIP: 17326DAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19572112 | PA      | $170782.34    | 0.05%             | 2050-09-16      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE LP                                                                              | PAA V0 PERP B                                                                                           | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    610000 | PA      | $611526.46    | 0.19%             | N/A             | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                                                | CXW 4.75 10/15/27                                                                                       | CUSIP: 21871NAA9<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    810000 | PA      | $806190.33    | 0.24%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PARK OHIO INDUSTRIES INC                                                                                     | PKOH 8.5 08/01/30 144A                                                                                  | CUSIP: 700677AS6<br>LEI: 5493006LQUO5SLMNYM18 | Long             | DBT              | CORP              | US        |    840000 | PA      | $874978.44    | 0.26%             | 2030-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Madison Iaq LLC                                                                                              | Madison Air Term Loan B 275 2032-05-01                                                                  | CUSIP: 55759VAE8<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    332517 | PA      | $333910.06    | 0.10%             | 2032-11-08      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                                               | TEVA 4.1 10/01/46                                                                                       | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2080000 | PA      | $1604213.94   | 0.49%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3 SOMERSET INVESTOR 2 LLC / AQUARIAN INSURANCE HOLDINGS LLC                                      | AQUARI 7.875 11/01/29 144A                                                                              | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $261600.30    | 0.08%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OBX 2026-NQM1 TRUST                                                                                          | OBX 2026-NQM1 A3                                                                                        | CUSIP: 67123HAK9<br>LEI: 549300JK5TDDSAIKZ665 | Long             | ABS-O            | CORP              | US        |    655034 | PA      | $650014.87    | 0.20%             | 2065-11-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| AAR CORP                                                                                                     | AIR 6.75 03/15/29 144A                                                                                  | CUSIP: 00253PAA6<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | DBT              | CORP              | US        |    210000 | PA      | $216485.43    | 0.07%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORP                                                                                            | DVN 5.6 07/15/41                                                                                        | CUSIP: 25179MAL7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    260000 | PA      | $253606.93    | 0.08%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                                         | Spirit Airlines, LLC DIP New Money Term Loan 10/25                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    128195 | PA      | $124989.96    | 0.04%             | 2040-01-02      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| GREYWOLF CLO IV LTD                                                                                          | GWOLF 2019-1A CR2                                                                                       | CUSIP: 39809TBC0<br>LEI: 5493008JNE27URH1VF66 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $346624.95    | 0.10%             | 2034-04-17      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Starlight Parent LLC                                                                                         | STARLIGHT PARENT LLC                                                                                    | CUSIP: 85554UAB0<br>LEI: 254900ZM34IBOK68V949 | Long             | LON              | CORP              | US        |    878141 | PA      | $748615.32    | 0.23%             | 2032-04-16      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| SFO COMMERCIAL MORTGAGE TRUST 2021-555                                                                       | SFO 2021-555 D                                                                                          | CUSIP: 78432WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1070000 | PA      | $1063631.79   | 0.32%             | 2038-05-17      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ALTICE LUXEMBOURG 0 SNR PERP EUR1 '144A'                                                                     | ALTICE LUXEMBOURG 0 SNR PERP EUR1 '144A'                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |      1455 | NS      | $23907.25     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES                                                             | SCRT 2019-3 M                                                                                           | CUSIP: 35563PLU1<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1049325 | PA      | $1035844.78   | 0.31%             | 2058-10-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL / CONNECT US FINCO LLC                                                                    | ISATLN 9 09/15/29 144A                                                                                  | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    330000 | PA      | $348459.21    | 0.11%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Starwood Property Mortgage LLC                                                                               | Starwood Property Mortgage Term Loan B 175 2027-11-01                                                   | CUSIP: 85570DAN2<br>LEI: 5493008SB15CNJRIOK13 | Long             | LON              | CORP              | US        |    480174 | PA      | $480400.09    | 0.15%             | 2027-11-18      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. LTD                                                                                             | BHCCN 10 04/15/32 144A                                                                                  | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    800000 | PA      | $826754.40    | 0.25%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| KKR CLO 17 LTD                                                                                               | KKR 17 ER                                                                                               | CUSIP: 48251GAC3<br>LEI: 549300I0HBY0ZQ3YIB77 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $624424.01    | 0.19%             | 2034-04-17      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                                                    | PRXNA 3.061 07/13/31 144A                                                                               | CUSIP: 74365PAF5<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    460000 | PA      | $420620.09    | 0.13%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING LP                                                                               | WES 5.45 04/01/44                                                                                       | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    860000 | PA      | $774301.94    | 0.23%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC                                                  | UNIT 6.5 02/15/29 144A                                                                                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $186818.60    | 0.06%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                                                          | ISPIM 7.8 11/28/53 144A                                                                                 | CUSIP: 46115HCF2<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1330000 | PA      | $1582334.66   | 0.48%             | 2053-11-28      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                                                                          | ASUCOR 8 12/31/32 144A                                                                                  | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $585311.44    | 0.18%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                                                         | NLSN 9.5 02/15/33 144A                                                                                  | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501021.70    | 0.15%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                                        | FN MA4512                                                                                               | CUSIP: 31418EAN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    368283 | PA      | $311016.23    | 0.09%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LD HOLDINGS GROUP LLC                                                                                        | LNDPT 6.125 04/01/28 144A                                                                               | CUSIP: 521088AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    580000 | PA      | $501375.88    | 0.15%             | 2028-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC                                                                                   | AER V6.95 03/10/55                                                                                      | CUSIP: 00774MBK0<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    500000 | PA      | $517978.07    | 0.16%             | 2055-03-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                                                 | UBS V7.125 PERP 144a                                                                                    | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    780000 | PA      | $798676.32    | 0.24%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                                                        | GFLCN 4.75 06/15/29 144A                                                                                | CUSIP: 36168QAN4<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $326330.20    | 0.10%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                                                 | ECOPET 8.375 01/19/36                                                                                   | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    570000 | PA      | $591172.11    | 0.18%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                                                     | HACLN 2025-1 D                                                                                          | CUSIP: 446438TA1<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |    598658 | PA      | $592402.85    | 0.18%             | 2033-03-21      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I INC                                                                                 | MSM 2005-2AR B1                                                                                         | CUSIP: 61745M4G5<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-O            | CORP              | US        |    762722 | PA      | $671474.70    | 0.20%             | 2035-04-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                                               | NRG 6.25 11/01/34 144A                                                                                  | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    370000 | PA      | $374543.60    | 0.11%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Aveanna Healthcare LLC                                                                                       | Aveanna/Epic Health Term Loan B 375 2032-08-31                                                          | CUSIP: 05549DAN8<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |    507450 | PA      | $509479.80    | 0.15%             | 2032-09-17      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| R.R. DONNELLEY & SONS COMPANY                                                                                | RRD 9.5 08/01/29 144A                                                                                   | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    760000 | PA      | $785087.60    | 0.24%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO                                                     | ARGENT 0.75 07/09/30                                                                                    | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    146792 | PA      | $126615.79    | 0.04%             | 2030-07-09      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                                       | VENLNG 9.875 02/01/32 144A                                                                              | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    320000 | PA      | $343462.40    | 0.10%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEMS INC                                                                                | WMS 5.375 03/01/34 144A                                                                                 | CUSIP: 00790RAC8<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    380000 | PA      | $375578.51    | 0.11%             | 2034-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GROUP LLC                                                                              | CCOI 7 06/15/27 144A                                                                                    | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    980000 | PA      | $975974.33    | 0.30%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                                                | C V6.625 PERP                                                                                           | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    870000 | PA      | $881176.76    | 0.27%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-R1                                                                           | VERUS 2025-R1 A3                                                                                        | CUSIP: 92541AAC4<br>LEI: 213800UBQ9UM61L7TB84 | Long             | ABS-O            | CORP              | US        |    742530 | PA      | $745192.36    | 0.23%             | 2065-05-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| PAMPA ENERGIA SA                                                                                             | PAMPAR 7.95 09/10/31 144A                                                                               | CUSIP: 697660AE8<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |    370000 | PA      | $391127.00    | 0.12%             | 2031-09-10      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO LLC                                                                                           | APLD 9.25 12/15/30 144A                                                                                 | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    810000 | PA      | $871081.99    | 0.26%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                                                     | DTV 10 02/15/31 144A                                                                                    | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $312372.00    | 0.09%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Hexion Holdings Corporation                                                                                  | Hexion Term Loan B 400 2029-03-01                                                                       | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |    501569 | PA      | $487525.30    | 0.15%             | 2029-03-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                                                                         | ALPGEN 6.75 10/15/32 144A                                                                               | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    630000 | PA      | $645605.73    | 0.20%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                                                          | Medline Industries Term Loan B 200 2028-10-01                                                           | CUSIP: 58503UAH6<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    167165 | PA      | $167933.54    | 0.05%             | 2028-10-23      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| KNDR TRUST 2021-KIND                                                                                         | KNDR 2021-KIND D                                                                                        | CUSIP: 482606AN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    932343 | PA      | $923902.97    | 0.28%             | 2038-08-16      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                                    | SUN 5.625 07/15/34 144A                                                                                 | CUSIP: 86765KAN9<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |    750000 | PA      | $740318.63    | 0.22%             | 2034-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GALAXY XXII CLO LTD                                                                                          | GALXY 2016-22A DR4                                                                                      | CUSIP: 36320TBT9<br>LEI: 54930022KENWLYJ8SJ86 | Long             | ABS-CBDO         | CORP              | KY        |    650000 | PA      | $640758.82    | 0.19%             | 2034-04-17      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING COMPANY LLC / PBF FINANCE CORP                                                                   | PBFENE 6 02/15/28                                                                                       | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1519477.88   | 0.46%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GSMPS MORTGAGE LOAN TRUST 2006-RP2                                                                           | GSMPS 2006-RP2 1AF1                                                                                     | CUSIP: 36298XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1044533 | PA      | $913964.24    | 0.28%             | 2036-04-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                                                                  | Asurion First-lien Term Loan B-14 375 2033-02-09                                                        | CUSIP: 04649VBF6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    290000 | PA      | $285802.25    | 0.09%             | 2033-03-11      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL HOLDINGS (US) INC                                                                          | GFLCN 5.5 02/01/34 144A                                                                                 | CUSIP: 36273TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $265930.75    | 0.08%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Peninsula Pacific Entertainment LLC                                                                          | Peninsula Pacific Entertainment Term Loan B 475 2032-08-09                                              | CUSIP: 70715SAB3<br>LEI: 549300LWV74H4IE3FG45 | Long             | LON              | CORP              | US        |    760000 | PA      | $758730.80    | 0.23%             | 2032-10-01      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)                                                  | NGERIA 7.143 02/23/30 REGS                                                                              | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    520000 | PA      | $538272.43    | 0.16%             | 2030-02-23      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| URUGUAY, REPUBLICA ORIENTAL DEL - MINISTERIO DE ECONOMIA Y FINANZAS                                          | URUGUA 3.4 05/16/45                                                                                     | CUSIP: 917288BP6<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |   6206206 | PA      | $165914.57    | 0.05%             | 2045-05-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                                       | TRICGR L 06/29/26 2                                                                                     | CUSIP: 31935HAN7<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    432747 | PA      | $1702.86      | 0.00%             | 2026-06-29      | Floating      | 10.66%                | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                                                 | SPIRIT AVIATION HOLDINGS INC WT EXP                                                                     | CUSIP: 84863V135<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73904 | NS      | $103465.60    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                                                              | DOMREP 4.875 09/23/32 REGS                                                                              | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    310000 | PA      | $293244.50    | 0.09%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                                       | First Brands (Trico Group) Term Loan B (Add-on) 500 2027-03-01                                          | CUSIP: 31935HAG2<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |    269282 | PA      | $627.43       | 0.00%             | 2027-03-30      | Floating      | 10.78%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                                                  | BHCCN 6.25 02/15/29 144A                                                                                | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $73687.50     | 0.02%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MFA 2023-NQM4                                                                                                | MFRA 2023-NQM4 A3                                                                                       | CUSIP: 55286LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    313525 | PA      | $315741.24    | 0.10%             | 2068-12-25      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS INC                                                                                   | BHCCN 8.5 01/31/27 144A                                                                                 | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    180000 | PA      | $179719.20    | 0.05%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CORDOBA, PROVINCE OF                                                                                         | PDCAR 9.75 07/02/32 144A                                                                                | CUSIP: 74408DAF1<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |    637000 | PA      | $663594.75    | 0.20%             | 2032-07-02      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ARES TRUST 2024-IND2                                                                                         | ARES1 2024-IND2 A                                                                                       | CUSIP: 04021EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    965000 | PA      | $967567.09    | 0.29%             | 2034-10-16      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD U.S. BORROWER LLC                                                                        | CWK 6.75 05/15/28 144A                                                                                  | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    280000 | PA      | $280182.89    | 0.08%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                                                 | SPIRIT AVIATION HOLDINGS INC COM                                                                        | CUSIP: 84863V101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104017 | NS      | $145623.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                                                        | QUIKHO 6.375 03/01/32 144A                                                                              | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    290000 | PA      | $294758.33    | 0.09%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY SR INC                                                                                          | ABR 7.875 07/15/30 144A                                                                                 | CUSIP: 03881NAJ6<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |    370000 | PA      | $349718.18    | 0.11%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LUXCO3 DUMMY EQUITY                                                                                          | LUXCO3 DUMMY EQUITY                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29268 | NS      | $604944.69    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                                                                                           | Three Month SONIA - ICEU, Dec26                                                                         | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |       127 | NC      | $-170553.36   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| MPH ACQUISITION HOLDINGS LLC                                                                                 | MLTPLN 11.5 12/31/30 144A                                                                               | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    165706 | PA      | $155475.17    | 0.05%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                                         | Spirit Airlines, LLC Third DIP New Money TL                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     62793 | PA      | $61222.83     | 0.02%             | 2026-07-14      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO XIX LTD                                                                                    | MVEW 2025-1A D1                                                                                         | CUSIP: 623910AN6<br>LEI: 254900L6WFB2NIQTBG86 | Long             | ABS-CBDO         | CORP              | KY        |    480000 | PA      | $465788.21    | 0.14%             | 2038-10-18      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| VERICAST CORP                                                                                                | VERCST 13 12/15/30 144a                                                                                 | CUSIP: 92342NAL7<br>LEI: 549300J73P7FL8TVF308 | Long             | DBT              | CORP              | US        |    524157 | PA      | $644713.66    | 0.20%             | 2030-12-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                                                          | AXON 6.125 03/15/30 144A                                                                                | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92251.43     | 0.03%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TEAM SERVICES HOLDING, INC                                                                                   | TEAM Services Term Loan B 525 2033-01-21                                                                | CUSIP: 87821RAB0<br>LEI: 254900SLCOEZGQJACP02 | Long             | LON              | CORP              | US        |    500000 | PA      | $485520.00    | 0.15%             | 2033-03-31      | Floating      | 8.95%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA INC                                                                                    | ESA 2025-ESH D                                                                                          | CUSIP: 30227TAG5<br>LEI: 549300IESZBC3BJUJW64 | Long             | ABS-O            | CORP              | US        |    664562 | PA      | $668841.25    | 0.20%             | 2042-10-15      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANKS                                                                                      | FR SD7548                                                                                               | CUSIP: 3132DVL52<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |    303755 | PA      | $259680.75    | 0.08%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PAMPA ENERGIA SA                                                                                             | PAMPAR 7.875 12/16/34 144A                                                                              | CUSIP: 697660AF5<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |    130000 | PA      | $136389.50    | 0.04%             | 2034-12-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST                                                                           | FFML 2003-FF4 M1                                                                                        | CUSIP: 32027NDU2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    296559 | PA      | $296124.09    | 0.09%             | 2033-10-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                                                    | USD/JPY FORWARD                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-12321.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVELOPMENT BANK                                                                              | IADB 7.35 10/06/30 GMTN                                                                                 | CUSIP: 000000000<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | US        | 164000000 | PA      | $1716017.35   | 0.52%             | 2030-10-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK (STACR) SECURITIZED PARTICIPATION INTERESTS TRUST SERIES 2017-SPI1 | STACR 2017-SPI1 B                                                                                       | CUSIP: 3137G1CG0<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    620133 | PA      | $453196.63    | 0.14%             | 2047-09-25      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                                                           | VEGLPL 6.125 12/15/30 144A                                                                              | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    230000 | PA      | $237300.89    | 0.07%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LD HOLDINGS GROUP LLC                                                                                        | LNDPT 8.75 11/01/27 144A                                                                                | CUSIP: 521088AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $197001.48    | 0.06%             | 2027-11-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| 720 EAST CLO VII LTD                                                                                         | NWML 2025-7A E                                                                                          | CUSIP: 81789NAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    780000 | PA      | $768259.99    | 0.23%             | 2037-04-20      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| CHEETAH CUB GROUP CORP                                                                                       | CAA 5.25 06/01/26                                                                                       | CUSIP: 128195AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249703.98    | 0.08%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2019-FAME                                                       | NCMS 2019-FAME E                                                                                        | CUSIP: 63873VAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660000 | PA      | $254031.23    | 0.08%             | 2036-08-15      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                                        | AAL 5.75 04/20/29 144A                                                                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $400563.64    | 0.12%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                                              | SANLTD 2.85 03/08/29                                                                                    | CUSIP: 80007RAQ8<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $284906.61    | 0.09%             | 2029-03-08      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ARCTIC CANADIAN DIAMONDS                                                                                     | ARCTIC CANADIAN DIAMONDS                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      1388 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                                       | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH                                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -2 | NC      | $872.46       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CD 2017-CD5 MORTGAGE TRUST                                                                                   | CD 2017-CD5 A4                                                                                          | CUSIP: 12515HAZ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     10000 | PA      | $9867.01      | 0.00%             | 2050-08-17      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                                                              | NEXUS BUYER LLC                                                                                         | CUSIP: 65343UAH5<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    849963 | PA      | $835003.43    | 0.25%             | 2031-07-31      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                                                           | VEGLPL 6.5 06/15/34 144A                                                                                | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     90000 | PA      | $94217.22     | 0.03%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Thermostat Purchaser III Inc                                                                                 | THERMOSTAT PURCHASER III INC                                                                            | CUSIP: 88366MAE4<br>LEI: 254900K7OD47ERJZN242 | Long             | LON              | CORP              | US        |    516256 | PA      | $507544.05    | 0.15%             | 2028-08-31      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                                                     | LLOYDS V8 PERP                                                                                          | CUSIP: 53944YAV5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $427993.60    | 0.13%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                                                | CRWV 9.25 06/01/30 144A                                                                                 | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    320000 | PA      | $324260.28    | 0.10%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ARES XLIV CLO LTD                                                                                            | ARES 2017-44A CRR                                                                                       | CUSIP: 04016NBR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $494357.90    | 0.15%             | 2034-04-17      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                                                 | GOOGL 5.65 02/15/56                                                                                     | CUSIP: 02079KBP1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    570000 | PA      | $559468.46    | 0.17%             | 2056-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ARINI US CLO III LTD                                                                                         | ARIN 3A E                                                                                               | CUSIP: 03990MAA5<br>LEI: 254900RLGVSRR5ZHHW52 | Long             | ABS-CBDO         | CORP              | KY        |    460000 | PA      | $459867.70    | 0.14%             | 2039-01-15      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                                                     | Cloud Software Group (Citrix/TIBCO) Term Loan B 325 2031-03-01                                          | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |    518697 | PA      | $481254.62    | 0.15%             | 2031-03-21      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                              | CDS CDX.NA.IG.46.V1                                                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $322639.31    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                                       | VENLNG V9 PERP 144a                                                                                     | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1939866.29   | 0.59%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MERRILL LYNCH COMMERCIAL MORTGAGE TRUST 2017-BNK3                                            | BACM 2017-BNK3 D                                                                                        | CUSIP: 06427DAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1150000 | PA      | $1087305.45   | 0.33%             | 2050-02-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2025-28L                                                                       | NYC 2025-28L G                                                                                          | CUSIP: 67123JAN9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $896414.49    | 0.27%             | 2038-11-05      | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                                                                          | ALTICE 5.75 08/15/29 144a                                                                               | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   1900000 | PA      | $1400570.18   | 0.42%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                                                                          | CLYDESDALE ACQUISITION                                                                                  | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    270000 | PA      | $258340.05    | 0.08%             | 2029-04-13      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                                                                       | First Brands (Trico Group) First-lien Term Loan 500 2027-03-09                                          | CUSIP: 31935HAD9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |     68932 | PA      | $160.61       | 0.00%             | 2027-03-30      | Floating      | 10.78%                | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP                                                                                         | CAPCOP 6.75 03/31/33 144A                                                                               | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $274956.12    | 0.08%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QAZAQGAZ NATIONAL COMPANY JSC                                                                                | KZTGKZ 4.375 09/26/27 144A                                                                              | CUSIP: 48668NAA9<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |    480000 | PA      | $479764.90    | 0.15%             | 2027-09-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                                             | TKCHOL 8.5 08/15/30 144A                                                                                | CUSIP: 87256YAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $399458.67    | 0.12%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                                        | FN FS7997                                                                                               | CUSIP: 3140XP3F4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    411446 | PA      | $420977.40    | 0.13%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-24

**Name of Applicant:** Legg Mason Partners Income Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer