# EDGAR Filing Document

**Accession Number:** 0000882381
**File Stem:** 0001410368-25-043334
**Filing Date:** 2025-12
**Character Count:** 187774
**Document Hash:** bfa3068701f57986622a6ae8440f5acc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043334.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043334

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MORGAN STANLEY INCOME OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0000882381

**ORGANIZATION NAME:**
- **EIN:** 133647664
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06515
- **FILM NUMBER:** 251606272

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 800-548-7786

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY GLOBAL FIXED INCOME OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 20120307

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY FIXED INCOME OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 20111220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY FLEXIBLE INCOME TRUST
- **DATE OF NAME CHANGE:** 20030711

## Series and Classes Contracts Data

### Income Opportunities Fund (Series ID: S000002382)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006295 | A            | DINAX           |
| C000006297 | L            | DINCX           |
| C000006298 | I            | DINDX           |
| C000126926 | CLASS R6     | MGFOX           |
| C000155980 | Class C      | MSIPX           |
| C000198830 | Class IR     | MFIRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morgan Stanley Income Opportunities Fund

- **b. Investment Company Act file number:** 811-06515

- **c. CIK number of Registrant:** 0000882381

- **d. LEI of Registrant:** KN4O2R884TUHPY814X62

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

  - **Street Address 1:** 1585 Broadway

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-869-6397

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

- **a. Name of Series:** Morgan Stanley Income Opportunities Fund

- **b. EDGAR series identifier (if any):** S000002382

- **c. LEI of Series:** KN4O2R884TUHPY814X62

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

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

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **Yes**

### Fund Information

**Total Assets:** $420944456.47

**Total Liabilities:** $80031033.60

**Net Assets:** $340913422.87

**Delayed Delivery Securities:** $3298462.96

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -59.08000000 | **1-Year:** -2349.72000000 | **5-Year:** -9489.25000000 | **10-Year:** -4056.32000000 | **30-Year:** -1759.28000000

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

- **3-Month:** -590.53000000 | **1-Year:** -9468.31000000 | **5-Year:** -22999.08000000 | **10-Year:** -9575.11000000 | **30-Year:** -919.44000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006295 | 1.50%                | 0.93%                | 0.77%                |
| Class ID C000006297 | 1.66%                | 0.94%                | 0.76%                |
| Class ID C000006298 | 1.69%                | 0.79%                | 0.83%                |
| Class ID C000126926 | 1.69%                | 0.58%                | 0.41%                |
| Class ID C000155980 | 1.62%                | 0.68%                | 0.77%                |
| Class ID C000198830 | 1.69%                | 0.95%                | 0.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6710737.99              | $-1559878.39                               |
| Month 2  | $567560.32               | $1088692.01                                |
| Month 3  | $3448046.50              | $-3135336.75                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMSR Trust                                       | AMSR 2022-SFR1 Trust                                                                                                               | CUSIP: 00179WAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1246000 | PA      | $1224546.25   | 0.36%             | 2039-03-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                            | Alibaba Group Holding Ltd                                                                                                          | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $531150.00    | 0.16%             | 2031-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                         | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                                                                     | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    505000 | PA      | $521690.76    | 0.15%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                                                                              | CUSIP: 01F0526B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  67200000 | PA      | $67908748.32  | 19.92%            | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                             | Alpha Generation LLC                                                                                                               | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    333000 | PA      | $342497.83    | 0.10%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                             | Amentum Holdings Inc                                                                                                               | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |    671000 | PA      | $698920.31    | 0.21%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMED                         | AmeriTex HoldCo Intermediate LLC                                                                                                   | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    503000 | PA      | $526558.83    | 0.15%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                 | Arches Buyer Inc                                                                                                                   | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    844000 | PA      | $825349.20    | 0.24%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                              | Artera Services LLC                                                                                                                | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |    845000 | PA      | $731980.49    | 0.21%             | 2031-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                          | Asbury Automotive Group Inc                                                                                                        | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    534000 | PA      | $514654.68    | 0.15%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                         | Ashton Woods USA LLC / Ashton Woods Finance Co                                                                                     | CUSIP: 045086AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    537000 | PA      | $508891.79    | 0.15%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                          | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl                                                       | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    880000 | PA      | $862508.94    | 0.25%             | 2028-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ATLX Trust                                       | ATLX 2024-RPL1 Trust                                                                                                               | CUSIP: 049915AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1850000 | PA      | $1778334.52   | 0.52%             | 2064-04-25      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                              | Avianca Midco 2 PLC                                                                                                                | CUSIP: 05369YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    417000 | PA      | $414124.79    | 0.12%             | 2030-02-14      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                              | Avianca Midco 2 PLC                                                                                                                | CUSIP: 05369YAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    605442 | PA      | $605442.00    | 0.18%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                   | Azorra Finance Ltd                                                                                                                 | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    536000 | PA      | $561976.17    | 0.16%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                                   | Bancolombia SA                                                                                                                     | CUSIP: 05968LAN2<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    512000 | PA      | $547639.48    | 0.16%             | 2034-12-24      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                         | Banco Mercantil del Norte SA/Grand Cayman                                                                                          | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    448000 | PA      | $469106.63    | 0.14%             | 2031-05-20      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                   | Barings Clo Ltd 2019-IV                                                                                                            | CUSIP: 06761VAY3<br>LEI: 549300QO1I8V07FLPQ13 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1118620.26   | 0.33%             | 2037-07-15      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                   | Barings CLO Ltd 2025-I                                                                                                             | CUSIP: 067927AJ2<br>LEI: 2549000XGGHFFMGI1592 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $745495.24    | 0.22%             | 2038-04-20      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                   | Barings CLO Ltd 2025-I                                                                                                             | CUSIP: 067928AA9<br>LEI: 2549000XGGHFFMGI1592 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1094884.02   | 0.32%             | 2038-04-20      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | BATTALION CLO LTD                                                                                                                  | CUSIP: 07134FAG5<br>LEI: 5493006S0D1X0TK7V334 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1117714.50   | 0.33%             | 2037-03-13      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Bayview Financial Acquisition Trust              | Bayview Financial Revolving Asset Trust 2005-A                                                                                     | CUSIP: 073250BM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    797678 | PA      | $776804.56    | 0.23%             | 2040-02-28      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Bayview Commercial Asset Trust                   | Bayview Commercial Asset Trust 2007-6                                                                                              | CUSIP: 07326FAE8<br>LEI: 5493003DOWFR7J1QCW02 | Long             | ABS-MBS          | CORP              | US        |   1674129 | PA      | $1499680.27   | 0.44%             | 2037-12-25      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                          | Beach Acquisition Bidco LLC                                                                                                        | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    739000 | PA      | $795286.67    | 0.23%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                  | Benefit Street Partners CLO XV Ltd                                                                                                 | CUSIP: 08179MAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $745878.56    | 0.22%             | 2037-07-15      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                             | Birch Grove CLO 14 Ltd                                                                                                             | CUSIP: 09090RAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002121.00   | 0.29%             | 2037-07-22      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                   | Bombardier Inc                                                                                                                     | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    636000 | PA      | $675858.12    | 0.20%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Boston Lending Trust                             | Boston Lending Trust 2022-2                                                                                                        | CUSIP: 10085BAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2960000 | PA      | $2841278.84   | 0.83%             | 2062-05-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                          | Bryant Park Funding 2023-19 Ltd                                                                                                    | CUSIP: 11765AAY5<br>LEI: 5493004CTFWJSWYD8564 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1111739.37   | 0.33%             | 2038-04-15      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                          | Bryant Park Funding 2024-22 Ltd                                                                                                    | CUSIP: 11766CAJ3<br>LEI: 5493000N8L82QL1KEO96 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1118560.32   | 0.33%             | 2037-04-15      | Floating      | 8.21%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                           | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                       | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    497000 | PA      | $466257.67    | 0.14%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | Cascade Funding Mortgage Trust 2022-AB2                                                                                            | CUSIP: 12530JAC6<br>LEI: 984500AB3AED98FEEV98 | Long             | ABS-O            | CORP              | US        |    796611 | PA      | $754293.22    | 0.22%             | 2052-02-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2024-HB13 LLC                                                                                                                 | CUSIP: 12530VAE5<br>LEI: 984500D67D63D8645054 | Long             | ABS-O            | CORP              | US        |   1160000 | PA      | $1099795.54   | 0.32%             | 2034-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2024-HB14 LLC                                                                                                                 | CUSIP: 12530XAF8<br>LEI: 9845005986F840FBE847 | Long             | ABS-MBS          | CORP              | US        |   2960000 | PA      | $2704966.99   | 0.79%             | 2034-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | Cascade Funding Mortgage Trust                                                                                                     | CUSIP: 12531BAE8<br>LEI: 984500AB3AED98FEEV98 | Long             | ABS-MBS          | CORP              | US        |   2220000 | PA      | $2073193.40   | 0.61%             | 2035-03-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                               | CP Atlas Buyer Inc                                                                                                                 | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |    334000 | PA      | $348716.88    | 0.10%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-BRIT                                                                                                                     | CUSIP: 12658RAA8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   1810870 | PA      | $1787117.63   | 0.52%             | 2026-05-09      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-BPNY                                                                                                                     | CUSIP: 12659XAA4<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   3069434 | PA      | $2931285.20   | 0.86%             | 2026-08-15      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| CALDERYS FINANCING LLC                           | Calderys Financing LLC                                                                                                             | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |    667000 | PA      | $705535.93    | 0.21%             | 2028-06-01      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                           | Cascade MH Asset Trust 2019-MH1                                                                                                    | CUSIP: 14732FAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    595639 | PA      | $573410.61    | 0.17%             | 2044-11-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                         | Celanese US Holdings LLC                                                                                                           | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    534000 | PA      | $548006.29    | 0.16%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CERDIA FINANZ GMBH                               | Cerdia Finanz GmbH                                                                                                                 | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $523406.79    | 0.15%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Champs Trust                                     | Champs Trust 2024-1                                                                                                                | CUSIP: 15878AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2221798 | PA      | $2304589.34   | 0.68%             | 2059-07-25      | Variable      | 8.78%                 | No            |                  2 | On Loan: No      |
| Champs Trust                                     | Champs Trust 2024-2                                                                                                                | CUSIP: 15878BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1866420 | PA      | $1951183.32   | 0.57%             | 2059-11-25      | Variable      | 8.59%                 | No            |                  2 | On Loan: No      |
| Champs Trust                                     | Champs Trust 2025-1                                                                                                                | CUSIP: 158926AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2139532 | PA      | $2240275.30   | 0.66%             | 2060-04-25      | Variable      | 7.85%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                         | Chobani LLC / Chobani Finance Corp Inc                                                                                             | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    743000 | PA      | $773652.47    | 0.23%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust              | Citigroup Commercial Mortgage Trust 2020-555                                                                                       | CUSIP: 17328EAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    670000 | PA      | $577430.92    | 0.17%             | 2041-12-10      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                            | Civitas Resources Inc                                                                                                              | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    333000 | PA      | $344549.44    | 0.10%             | 2030-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                         | Clarios Global LP / Clarios US Finance Co                                                                                          | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    124000 | PA      | $126970.05    | 0.04%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                         | Clear Channel Outdoor Holdings Inc                                                                                                 | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    818000 | PA      | $812477.60    | 0.24%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                         | Clear Channel Outdoor Holdings Inc                                                                                                 | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    973000 | PA      | $1020912.47   | 0.30%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                             | Cleveland-Cliffs Inc                                                                                                               | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     64000 | PA      | $66587.64     | 0.02%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                           | Clydesdale Acquisition Holdings Inc                                                                                                | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    498000 | PA      | $499446.69    | 0.15%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                           | Clydesdale Acquisition Holdings Inc                                                                                                | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502106.50    | 0.15%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                                                                         | CUSIP: 21H0506B3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2200000 | PA      | $2193317.83   | 0.64%             | 2054-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                         | Digicel International Finance Ltd / Difl US LLC                                                                                    | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    660000 | PA      | $657647.42    | 0.19%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $31608.99     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED BRL / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | BR        |         1 | NC      | $3883.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD PEN                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $-75335.40    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED CLP / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | CL        |         1 | NC      | $208.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED UYU / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | UY        |         1 | NC      | $1227.66      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | PURCHASED USD / SOLD JPY                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $31791.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | PURCHASED USD / SOLD NZD                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $19641.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | PURCHASED EGP / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | EG        |         1 | NC      | $40978.67     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED KRW / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | KR        |         1 | NC      | $42603.17     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | PURCHASED EUR / SOLD PLN                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | XX        |         1 | NC      | $5383.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | PURCHASED USD / SOLD ZAR                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $25586.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | PURCHASED EUR / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | XX        |         1 | NC      | $-40187.35    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $20821.95     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $5496.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $25968.92     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $12245.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $12141.31     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $15864.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $18882.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED TRY / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | TR        |         1 | NC      | $4132.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | PURCHASED MYR / SOLD USD                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | MY        |         1 | NC      | $9004.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD GBP                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $22380.67     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $147796.26    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                          | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $14021.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | PURCHASED USD / SOLD MXN                                                                                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $66733.02     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| DREAM FINDERS HOMES INC                          | Dream Finders Homes Inc                                                                                                            | CUSIP: 26154DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101000 | PA      | $100591.46    | 0.03%             | 2030-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ECAF LTD                                         | ECAF I Ltd                                                                                                                         | CUSIP: 26827EAC9<br>LEI: 635400SSRNQERTYCWK57 | Long             | ABS-O            | CORP              | KY        |    533412 | PA      | $486779.88    | 0.14%             | 2040-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                    | EchoStar Corp                                                                                                                      | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    699000 | PA      | $770021.52    | 0.23%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ELDORADO GOLD CORP                               | Eldorado Gold Corp                                                                                                                 | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |   1325000 | PA      | $1328711.33   | 0.39%             | 2029-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO VIII Ltd                             | Elmwood CLO VIII Ltd                                                                                                               | CUSIP: 29003EAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $744354.90    | 0.22%             | 2037-04-20      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 32 Ltd                               | Elmwood CLO 32 Ltd                                                                                                                 | CUSIP: 29003TAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1117340.43   | 0.33%             | 2037-10-18      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 40 Ltd                               | Elmwood CLO 40 Ltd                                                                                                                 | CUSIP: 29004GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1124598.72   | 0.33%             | 2038-03-22      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                                 | Empower CLO 2024-1 Ltd                                                                                                             | CUSIP: 29244RAG0<br>LEI: 213800DM8ZNUIQ1JCN40 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1117411.47   | 0.33%             | 2037-04-25      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| FMC GMSR Issuer Trust                            | FMC GMSR Issuer Trust                                                                                                              | CUSIP: 30259RAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2960000 | PA      | $2971560.87   | 0.87%             | 2027-04-25      | Fixed         | 7.17%                 | No            |                  2 | On Loan: No      |
| FMC GMSR Issuer Trust                            | FMC GMSR Issuer Trust                                                                                                              | CUSIP: 30259RAP0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2220000 | PA      | $2233459.86   | 0.66%             | 2027-07-25      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                             | FREMF 2016-KF21 Mortgage Trust                                                                                                     | CUSIP: 30289XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    188652 | PA      | $10658.43     | 0.00%             | 2026-07-25      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                                                              | CUSIP: 31287YYS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       471 | PA      | $496.04       | 0.00%             | 2032-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136A6TR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22297 | PA      | $331.50       | 0.00%             | 2041-08-25      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136AJ4H6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    308648 | PA      | $17589.75     | 0.01%             | 2039-10-25      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136AJFH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153527 | PA      | $9232.82      | 0.00%             | 2044-03-25      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31371KEX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2806 | PA      | $2924.36      | 0.00%             | 2031-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31374TW39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1292 | PA      | $1337.60      | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31379NGP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        12 | PA      | $12.71        | 0.00%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                                                       | CUSIP: 3137FXYY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5170000 | PA      | $604748.08    | 0.18%             | 2049-01-25      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                                                       | CUSIP: 3137H4RJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4750000 | PA      | $1104671.64   | 0.32%             | 2036-11-25      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                                                       | CUSIP: 3137H9MB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7335941 | PA      | $1762375.83   | 0.52%             | 2055-11-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                                                                                 | CUSIP: 3137HMNX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3865246 | PA      | $4031108.50   | 1.18%             | 2055-08-25      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31380PJE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1561 | PA      | $1616.54      | 0.00%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31384WKY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       626 | PA      | $649.32       | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31388UJP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2231 | PA      | $2328.16      | 0.00%             | 2032-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                                                    | CUSIP: 31390MJW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1588 | PA      | $1668.80      | 0.00%             | 2032-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                         | First Quantum Minerals Ltd                                                                                                         | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $532016.50    | 0.16%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                         | Focus Financial Partners LLC                                                                                                       | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    895000 | PA      | $923335.28    | 0.27%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                                                                           | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1810000 | PA      | $1936654.68   | 0.57%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                                 | CUSIP: 3618F4Y62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1529083 | PA      | $1593660.89   | 0.47%             | 2053-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                                                                 | CUSIP: 3618FCDP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1159819 | PA      | $1208801.50   | 0.35%             | 2053-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                                                                  | CUSIP: 36209RPP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       213 | PA      | $218.65       | 0.00%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                                                                  | CUSIP: 36211PHU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       882 | PA      | $908.42       | 0.00%             | 2030-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                          | GSR Mortgage Loan Trust 2005-3F                                                                                                    | CUSIP: 36242DD26<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | ABS-MBS          | CORP              | US        |    577664 | PA      | $518639.67    | 0.15%             | 2035-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOL FINANCE                                      | Gol Finance Inc                                                                                                                    | CUSIP: 36254VAN8<br>LEI: 549300FRXVB8W0960Y03 | Long             | DBT              | CORP              | KY        |    685000 | PA      | $695994.25    | 0.20%             | 2030-06-06      | Fixed         | 14.38%                | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                                   | Galaxy 33 CLO Ltd                                                                                                                  | CUSIP: 36321EAL9<br>LEI: 3912004FNLYTWOWSZU31 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $742484.92    | 0.22%             | 2037-04-20      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                          | Global Partners LP / GLP Finance Corp                                                                                              | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    519000 | PA      | $526912.67    | 0.15%             | 2033-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                          | Global Medical Response Inc                                                                                                        | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |     54000 | PA      | $56542.86     | 0.02%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD                  | Golub Capital Partners CLO 72 B Ltd                                                                                                | CUSIP: 381941AG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1110000 | PA      | $1116529.02   | 0.33%             | 2037-04-25      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38378GM47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    457772 | PA      | $51868.27     | 0.02%             | 2042-12-20      | Floating      | 2.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38381NAF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4937726 | PA      | $5159774.20   | 1.51%             | 2055-06-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38381NAG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2963617 | PA      | $3109261.92   | 0.91%             | 2055-06-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38381NB23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4950572 | PA      | $4995497.99   | 1.47%             | 2055-07-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38381NNU8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9878722 | PA      | $10393129.31  | 3.05%             | 2055-06-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38381PWH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4950640 | PA      | $5194352.72   | 1.52%             | 2055-07-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38381QYK1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2945311 | PA      | $3007238.67   | 0.88%             | 2055-04-20      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38383BK92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1000000 | PA      | $1041223.65   | 0.31%             | 2055-10-20      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                                                           | CUSIP: 38383U7L8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2424305 | PA      | $2546314.13   | 0.75%             | 2052-10-20      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| HARVEST COMMERCIAL CAPITAL LOAN TRUST            | Harvest Commercial Capital Loan Trust 2019-1                                                                                       | CUSIP: 41753CAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1110000 | PA      | $1074779.48   | 0.32%             | 2046-09-25      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| harvest commercial capital loan trust            | Harvest Commercial Capital Loan Trust 2020-1                                                                                       | CUSIP: 41754FAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1850000 | PA      | $1714437.55   | 0.50%             | 2052-04-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| Harvest SBA Loan Trust                           | Harvest SBA Loan Trust 2024-1                                                                                                      | CUSIP: 41756NAA7<br>LEI: N/A                  | Long             | ABS-O            | USGA              | US        |   1995170 | PA      | $2012539.15   | 0.59%             | 2051-12-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Harvest US CLO Ltd                               | Harvest US CLO 2024-2 Ltd                                                                                                          | CUSIP: 41756YAJ4<br>LEI: 213800RQBB83K4W6BX61 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1114677.54   | 0.33%             | 2037-10-15      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Harvest SBA Loan Trust                           | Harvest SBA Loan Trust 2023-1                                                                                                      | CUSIP: 41757BAA2<br>LEI: N/A                  | Long             | ABS-O            | USGA              | US        |    906228 | PA      | $939546.21    | 0.28%             | 2050-10-25      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| HRT DNT / HRT DNT FIN                            | Heartland Dental LLC / Heartland Dental Finance Corp                                                                               | CUSIP: 42239PAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $76032.36     | 0.02%             | 2028-04-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                | Herc Holdings Inc                                                                                                                  | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    249000 | PA      | $260787.41    | 0.08%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                | Herc Holdings Inc                                                                                                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    267000 | PA      | $281703.16    | 0.08%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                            | Hightower Holding LLC                                                                                                              | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |    532000 | PA      | $535486.73    | 0.16%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                        | IQVIA Inc                                                                                                                          | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    647000 | PA      | $675154.85    | 0.20%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | Israel Government International Bond                                                                                               | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    219000 | PA      | $214732.32    | 0.06%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC                           | JB Poindexter & Co Inc                                                                                                             | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    561000 | PA      | $587766.43    | 0.17%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust       | JPMBB Commercial Mortgage Securities Trust 2014-C23                                                                                | CUSIP: 46643AAG8<br>LEI: 549300UOGMFS1M8XVM16 | Long             | ABS-MBS          | CORP              | US        |    136000 | PA      | $123664.80    | 0.04%             | 2047-09-15      | Variable      | 4.04%                 | No            |                  2 | On Loan: No      |
| LEEWARD RENEWABL                                 | Leeward Renewable Energy Operations LLC                                                                                            | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |    503000 | PA      | $481108.99    | 0.14%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                                                                              | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41128.32     | 0.01%             | 2034-03-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                             | LifePoint Health Inc                                                                                                               | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1140310.47   | 0.33%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| LoanMe Trust Prime 2018-1                        | LoanMe Trust Prime 2018-1                                                                                                          | CUSIP: 53958AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    338076 | PA      | $337563.18    | 0.10%             | 2034-09-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding LV Ltd                                                                                                        | CUSIP: 55819FAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1117434.78   | 0.33%             | 2037-07-18      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                         | Morgan Stanley Institutional Liquidity Funds - Government Portfolio                                                                | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  14971381 | NS      | $14971381.13  | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnetite CLO Ltd                                | Magnetite XXII Ltd                                                                                                                 | CUSIP: 55954HBC5<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $741508.86    | 0.22%             | 2036-07-15      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                | Magnetite XXII Ltd                                                                                                                 | CUSIP: 55954HBE1<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $741794.50    | 0.22%             | 2036-07-15      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| MASTERBRAND INC                                  | Masterbrand Inc                                                                                                                    | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |    865000 | PA      | $898725.49    | 0.26%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                            | McGraw-Hill Education Inc                                                                                                          | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    993000 | PA      | $991721.54    | 0.29%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                      | McAfee Corp                                                                                                                        | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   1282000 | PA      | $1175312.60   | 0.34%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                            | McGraw-Hill Education Inc                                                                                                          | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    961000 | PA      | $987146.89    | 0.29%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust           | Merrill Lynch Mortgage Investors Trust Series 2006-A2                                                                              | CUSIP: 590215AE9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | ABS-MBS          | CORP              | US        |    945196 | PA      | $9.50         | 0.00%             | 2036-02-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| METAL Cayman                                     | METAL 2017-1 LLC                                                                                                                   | CUSIP: 59111RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    567695 | PA      | $394536.73    | 0.12%             | 2042-10-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                           | AthenaHealth Group Inc                                                                                                             | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    940000 | PA      | $921085.60    | 0.27%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL / MS DIG                          | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC                                                            | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    499000 | PA      | $518340.45    | 0.15%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MORTGAGE SUBORDINATE TR                          | MORTGAGE SUBORDINATE TR                                                                                                            | CUSIP: 61914PAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1810000 | PA      | $1572123.65   | 0.46%             | 2031-12-29      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                            | NGL Energy Operating LLC / NGL Energy Finance Corp                                                                                 | CUSIP: 62922LAC2<br>LEI: 5299005YSRP46BE8Z459 | Long             | DBT              | CORP              | US        |    269000 | PA      | $275551.23    | 0.08%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NRZ Excess Spread Collateralized Notes           | NRM FNT1 Excess LLC                                                                                                                | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2056687 | PA      | $2095420.15   | 0.61%             | 2031-11-25      | Variable      | 7.40%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDINGS                               | New Flyer Holdings Inc                                                                                                             | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    501000 | PA      | $533856.58    | 0.16%             | 2030-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE                              | New Home Co Inc/The                                                                                                                | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    253000 | PA      | $265654.05    | 0.08%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE                              | New Home Co Inc/The                                                                                                                | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    267000 | PA      | $276630.16    | 0.08%             | 2030-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Newtek Small Business Loan Trust                 | Newtek Small Business Loan Trust 2021-1                                                                                            | CUSIP: 65253MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    334092 | PA      | $329929.19    | 0.10%             | 2048-12-25      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Oakwood Mortgage Investors Inc.                  | Oakwood Mortgage Investors Inc                                                                                                     | CUSIP: 67087TCM1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2828359 | PA      | $200618.90    | 0.06%             | 2031-06-15      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                      | OCP CLO 2022-24 Ltd                                                                                                                | CUSIP: 67118YAY9<br>LEI: 254900KJTZSIMELS6Y52 | Long             | ABS-CBDO         | CORP              | JE        |    740000 | PA      | $747707.84    | 0.22%             | 2037-10-20      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                  | Oaktree CLO 2019-4 Ltd                                                                                                             | CUSIP: 67402CBN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    920000 | PA      | $924736.16    | 0.27%             | 2037-07-20      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                      | OCP CLO 2024-32 Ltd                                                                                                                | CUSIP: 67570CAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1110000 | PA      | $1118601.39   | 0.33%             | 2037-04-23      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Ocwen Loan Investment Trust                      | Onity Loan Investment Trust 2024-HB2                                                                                               | CUSIP: 68278DAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1056075.68   | 0.31%             | 2037-08-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                   | 1261229 BC Ltd                                                                                                                     | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    549000 | PA      | $574404.72    | 0.17%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Pnmac Gmsr Issuer Trust                          | PNMAC GMSR ISSUER TRUST 2024-GT1                                                                                                   | CUSIP: 69354WAJ5<br>LEI: 5493007JEN3QN6CZC711 | Long             | ABS-O            | CORP              | US        |   2960000 | PA      | $2989971.18   | 0.88%             | 2029-03-25      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2023-2 Ltd                                                                                                       | CUSIP: 69703CAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $746163.46    | 0.22%             | 2038-07-20      | Floating      | 10.28%                | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2018-1 Ltd                                                                                                       | CUSIP: 69703PAS8<br>LEI: 549300A8L0VCZ9626397 | Long             | ABS-CBDO         | CORP              | KY        |   1110000 | PA      | $1117087.35   | 0.33%             | 2037-04-18      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                            | Panther Escrow Issuer LLC                                                                                                          | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    502000 | PA      | $519219.60    | 0.15%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                          | Park River Holdings Inc                                                                                                            | CUSIP: 70082LAC1<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |    370000 | PA      | $381205.12    | 0.11%             | 2031-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                           | Patrick Industries Inc                                                                                                             | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    657000 | PA      | $670548.65    | 0.20%             | 2032-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC/PETSMART FI                         | PetSmart LLC / PetSmart Finance Corp                                                                                               | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249987.50    | 0.07%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC/PETSMART FI                         | PetSmart LLC / PetSmart Finance Corp                                                                                               | CUSIP: 71677KAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $251682.75    | 0.07%             | 2033-09-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL                         | Phoenix Aviation Capital Ltd                                                                                                       | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |    501000 | PA      | $528222.84    | 0.15%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PDD HOLDINGS INC                                 | PDD Holdings Inc                                                                                                                   | CUSIP: 722304AC6<br>LEI: 5493000573DS7005T657 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $199160.00    | 0.06%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                            | Playtika Holding Corp                                                                                                              | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |    336000 | PA      | $303775.92    | 0.09%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                                | PRPM 2024-RCF3 LLC                                                                                                                 | CUSIP: 74390BAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1145000 | PA      | $1057861.38   | 0.31%             | 2054-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| RMF Proprietary Issuance Trust                   | RMF Proprietary Issuance Trust 2020-1                                                                                              | CUSIP: 74969MAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1983704 | PA      | $1788420.79   | 0.52%             | 2060-04-26      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                        | RMF Buyout Issuance Trust 2021-HB1                                                                                                 | CUSIP: 74969TAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    890000 | PA      | $851020.76    | 0.25%             | 2031-11-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                        | RMF Buyout Issuance Trust 2021-HB1                                                                                                 | CUSIP: 74969TAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1915707.60   | 0.56%             | 2031-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                        | RMF Buyout Issuance Trust 2021-HB1                                                                                                 | CUSIP: 74969TAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2529175 | PA      | $2296761.48   | 0.67%             | 2031-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| RMF Proprietary Issuance Trust                   | RMF Proprietary Issuance Trust 2022-2                                                                                              | CUSIP: 74970CAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2220000 | PA      | $1986389.84   | 0.58%             | 2062-06-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Raptor Aircraft Finance LLC                      | Raptor Aircraft Finance I LLC                                                                                                      | CUSIP: 75383HAA9<br>LEI: 549300QFYP8PTWJMXQ65 | Long             | ABS-O            | CORP              | KY        |   2092934 | PA      | $1897174.52   | 0.56%             | 2044-08-23      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| ReadyCap lending                                 | ReadyCap Lending Small Business Loan Trust 2023-3                                                                                  | CUSIP: 75576AAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1177642 | PA      | $1194063.40   | 0.35%             | 2048-04-25      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| REAL HERO MERGER SUB 2                           | Real Hero Merger Sub 2 Inc                                                                                                         | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    586000 | PA      | $351011.07    | 0.10%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                        | RMF Buyout Issuance Trust 2022-HB1                                                                                                 | CUSIP: 76970HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2960000 | PA      | $2579597.67   | 0.76%             | 2032-04-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                        | RMF Buyout Issuance Trust 2020-HB1                                                                                                 | CUSIP: 76971EAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2590000 | PA      | $2263452.54   | 0.66%             | 2050-10-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                        | RMF Buyout Issuance Trust 2020-HB1                                                                                                 | CUSIP: 76971EAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9404324 | PA      | $7538323.07   | 2.21%             | 2050-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                   | Rocket Cos Inc                                                                                                                     | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    251000 | PA      | $261787.98    | 0.08%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                                | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    301000 | PA      | $277432.87    | 0.08%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust          | SG Commercial Mortgage Securities Trust 2019-PREZ                                                                                  | CUSIP: 78430EAL9<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |   2220000 | PA      | $1891271.50   | 0.55%             | 2039-09-15      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust          | Saluda Grade Alternative Mortgage Trust 2020-SEQ1                                                                                  | CUSIP: 79581PAC9<br>LEI: 213800ETGZN4SIG56R83 | Long             | ABS-MBS          | CORP              | US        |   1850000 | PA      | $1897126.53   | 0.56%             | 2050-05-25      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust          | Saluda Grade Alternative Mortgage Trust 2025-NPL1                                                                                  | CUSIP: 79582BAA3<br>LEI: 213800ETGZN4SIG56R83 | Long             | ABS-MBS          | CORP              | US        |   1966605 | PA      | $1975165.83   | 0.58%             | 2030-01-25      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd          | SEAGATE DATA STORAGE TECH                                                                                                          | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    541000 | PA      | $617315.08    | 0.18%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                                     | Seaspan Corp                                                                                                                       | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |   1128000 | PA      | $1087292.28   | 0.32%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SHENTON AIRCRAFT INVESTMENT LTD                  | Shenton Aircraft Investment I Ltd                                                                                                  | CUSIP: 82321UAA1<br>LEI: 254900877LAQRYY3YZ51 | Long             | ABS-O            | CORP              | KY        |   1154461 | PA      | $1119509.00   | 0.33%             | 2042-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                         | Sinclair Television Group Inc                                                                                                      | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    503000 | PA      | $513198.33    | 0.15%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                             | Sonic Automotive Inc                                                                                                               | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    676000 | PA      | $657934.78    | 0.19%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODU                         | Specialty Building Products Holdings LLC / SBP Finance Corp                                                                        | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    266000 | PA      | $267905.89    | 0.08%             | 2029-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Start Ltd.                                       | Start II LTD                                                                                                                       | CUSIP: 85573LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    464763 | PA      | $462009.68    | 0.14%             | 2044-03-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                        | Sunoco LP                                                                                                                          | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    356000 | PA      | $361790.34    | 0.11%             | 2030-09-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                        | Sunoco LP                                                                                                                          | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     98000 | PA      | $98047.14     | 0.03%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SUPERIOR PLUS/GEN PRTNR                          | Superior Plus LP / Superior General Partner Inc                                                                                    | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    794000 | PA      | $770541.43    | 0.23%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SURINAME INT                         | Suriname Government International Bond                                                                                             | CUSIP: 86886PAE2<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |    537000 | PA      | $540893.25    | 0.16%             | 2030-11-06      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SURINAME INT                         | Suriname Government International Bond                                                                                             | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |   2362000 | PA      | $2435812.50   | 0.71%             | 2035-11-06      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Sutherland Commercial Mortgage Trust             | Sutherland Commercial Mortgage Trust 2021-SBC10                                                                                    | CUSIP: 86935JAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    499539 | PA      | $441012.71    | 0.13%             | 2041-12-25      | Variable      | 2.23%                 | No            |                  2 | On Loan: No      |
| TICP CLO Ltd                                     | TICP CLO VI 2016-2 Ltd                                                                                                             | CUSIP: 87246VAF9<br>LEI: 254900JG2DPAYUCW8T83 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $741926.96    | 0.22%             | 2034-01-15      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| TLWND 2019-1                                     | GAIA Aviation Ltd                                                                                                                  | CUSIP: 87404LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2132546 | PA      | $1844629.29   | 0.54%             | 2044-12-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                         | Team Health Holdings Inc                                                                                                           | CUSIP: 87817AAE7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |    402000 | PA      | $406580.79    | 0.12%             | 2028-06-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                           | Cloud Software Group Inc                                                                                                           | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    937000 | PA      | $944658.10    | 0.28%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                    | TopBuild Corp                                                                                                                      | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    571000 | PA      | $538180.63    | 0.16%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                               | Total Play Telecomunicaciones SA de CV                                                                                             | CUSIP: 89157PAD0<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $385600.00    | 0.11%             | 2032-12-31      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                         | Transocean International Ltd                                                                                                       | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    628500 | PA      | $659987.22    | 0.19%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO VI Ltd                                                                                                                | CUSIP: 89640YBG8<br>LEI: 549300IUAXGLQ814UD95 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $741149.22    | 0.22%             | 2034-01-25      | Floating      | 7.87%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO VI Ltd                                                                                                                | CUSIP: 89641BAE3<br>LEI: 549300IUAXGLQ814UD95 | Long             | ABS-CBDO         | CORP              | KY        |    740000 | PA      | $722363.58    | 0.21%             | 2034-01-25      | Floating      | 10.94%                | No            |                  2 | On Loan: No      |
| BANCO ACTINVER SA                                | Banco Actinver SA / Grupo GICSA SAB de CV                                                                                          | CUSIP: 89835RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1083388 | PA      | $845042.25    | 0.25%             | 2032-12-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                                                                                                | CUSIP: 912797QR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2600000 | PA      | $2595233.16   | 0.76%             | 2025-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                         | Univision Communications Inc                                                                                                       | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    669000 | PA      | $706887.30    | 0.21%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital Loan Trust           | VCC 2025-MC1 Trust                                                                                                                 | CUSIP: 91825JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1661242 | PA      | $1652404.49   | 0.48%             | 2055-05-25      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| VineBrook Homes                                  | VINE 2023-SFR1 Trust                                                                                                               | CUSIP: 91825KAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1850000 | PA      | $1762039.16   | 0.52%             | 2040-12-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                                     | VT Topco Inc                                                                                                                       | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |    470000 | PA      | $489265.48    | 0.14%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 922646AT1<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |   3433000 | PA      | $1013078.30   | 0.30%             | 2018-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                           | Venture Global LNG Inc                                                                                                             | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    500000 | PA      | $513758.00    | 0.15%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                           | Venture Global LNG Inc                                                                                                             | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    270000 | PA      | $252618.97    | 0.07%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| VERSANT MEDIA GROUP INC                          | Versant Media Group Inc                                                                                                            | CUSIP: 925283AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $96895.45     | 0.03%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                          | VistaJet Malta Finance PLC / Vista Management Holding Inc                                                                          | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1040000 | PA      | $1005348.86   | 0.29%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                 | Vmed O2 UK Financing I PLC                                                                                                         | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    763000 | PA      | $706782.85    | 0.21%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VOLTAGRID LLC                                    | VoltaGrid LLC                                                                                                                      | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |    220000 | PA      | $223888.92    | 0.07%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                               | Voyager Parent LLC                                                                                                                 | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    499000 | PA      | $523504.89    | 0.15%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                 | Wand NewCo 3 Inc                                                                                                                   | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    604000 | PA      | $631858.90    | 0.19%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CUENCA DPR                                       | CUENCA DPR TERM LOAN                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |   1875000 | PA      | $1875000.00   | 0.55%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC                              | White Cap Buyer LLC                                                                                                                | CUSIP: 96350RAA2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |    333000 | PA      | $333211.36    | 0.10%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WHITE CAP SUPPLY HOLDING                         | White Cap Supply Holdings LLC                                                                                                      | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187258.38    | 0.05%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC                          | Windstream Services LLC                                                                                                            | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |    176000 | PA      | $175969.20    | 0.05%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GMAC FINANCIERA SA                               | GMAC Financiera SA de CV Sociedad Financiera de Objeto Ltdo                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | MX        |  88523513 | PA      | $923187.05    | 0.27%             | 2036-03-25      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                 | WULF Compute LLC                                                                                                                   | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    187000 | PA      | $194396.77    | 0.06%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                           | XPLR Infrastructure Operating Partners LP                                                                                          | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    890000 | PA      | $931782.83    | 0.27%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                           | XPLR Infrastructure Operating Partners LP                                                                                          | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    982000 | PA      | $1031068.58   | 0.30%             | 2033-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTIO                         | Yinson Boronia Production BV                                                                                                       | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |    245272 | PA      | $268130.88    | 0.08%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| SWAP JP MORGAN BOC                               | SWAP JP MORGAN BOC                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | STIV             | CORP              | US        |    -20000 | NS      | $-20000.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EUROHOME MORTGAGES PLC                           | Eurohome Mortgages PLC                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IE        |    378055 | PA      | $411035.36    | 0.12%             | 2050-08-02      | Floating      | 2.26%                 | Yes           |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIF22LR0 IRS ZAR R F  8.65600 II8063740250618 CCPVANILLA / Short: SMIF22LR0 IRS ZAR P V 03MJIBAR II1895150250618 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  54600000 | OU      | $186571.23    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIF35AQ6 IRS ZAR R F  8.47000 II8462280250624 CCPVANILLA / Short: SMIF35AQ6 IRS ZAR P V 03MJIBAR II8187420250624 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  29506715 | OU      | $78487.27     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIF3WUR3 IRS ZAR R F  8.64150 II6196810250627 CCPVANILLA / Short: SMIF3WUR3 IRS ZAR P V 03MJIBAR II8456590250627 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  23300000 | OU      | $78242.31     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIF4J5R9 IRS INR R F  5.69000 II3029200250702 CCPNDFOIS / Short: SMIF4J5R9 IRS INR P V 00MMIBOR II6209740250702 CCPNDFOIS   | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 524800000 | OU      | $-152030.24   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | Long: BMIF9NA65 CDS USD R F  1.00000 II7694360250801 CORPORATE / Short: BMIF9NA65 CDS USD P V 03MEVENT II0610150250801 CORPORATE   | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | GB        |   1260000 | OU      | $-9646.13     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: BMIFA5QJ7 IRS TWD R V 03MTAIBO II0773210250806 CCPNDF / Short: BMIFA5QJ7 IRS TWD P F  1.63250 II8577420250806 CCPNDF         | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 248000000 | OU      | $21325.37     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BMIFA9JR9 CDS USD R F  1.00000 II4248790250806 CORPORATE / Short: BMIFA9JR9 CDS USD P V 03MEVENT II6470560250806 CORPORATE   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | GB        |    560000 | OU      | $-4287.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: BMIFASX18 IRS PLN R V 03MWIBOR II6991760250808 CCPVANILLA / Short: BMIFASX18 IRS PLN P F  4.48500 II1193010250808 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  18518000 | OU      | $-6664.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIFARFN2 IRS PLN R F  4.58500 II2095050250808 CCPVANILLA / Short: SMIFARFN2 IRS PLN P V 06MWIBOR II6340910250808 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  23148000 | OU      | $9958.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: BMIFASYC3 IRS PLN R V 03MWIBOR II1107290250808 CCPVANILLA / Short: BMIFASYC3 IRS PLN P F  4.48500 II7815800250808 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4630000 | OU      | $-1666.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | Long: BMIFBP1Y6 CDS USD R F  1.00000 II6423820250814 CORPORATE / Short: BMIFBP1Y6 CDS USD P V 03MEVENT II6429810250814 CORPORATE   | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | GB        |   1120000 | OU      | $-3671.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | Long: BMIFBP3M0 CDS USD R F  1.00000 II5952610250814 CORPORATE / Short: BMIFBP3M0 CDS USD P V 03MEVENT II2690750250814 CORPORATE   | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | GB        |    840000 | OU      | $-6430.75     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: BMIFEYYW2 IRS PLN R V 03MWIBOR II5491120250903 CCPVANILLA / Short: BMIFEYYW2 IRS PLN P F  4.36153 II6315430250903 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  44040000 | OU      | $-24012.71    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIFF6VG0 IRS PLN R F  4.70500 II8637810250904 CCPVANILLA / Short: SMIFF6VG0 IRS PLN P V 06MWIBOR II7570450250904 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  99350000 | OU      | $87335.45     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: BMIFF6V13 IRS PLN R V 03MWIBOR II6770030250904 CCPVANILLA / Short: BMIFF6V13 IRS PLN P F  4.61000 II5507840250904 CCPVANILLA | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  99350000 | OU      | $-82557.61    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | Long: SMIFLBMY3 IRS MXN R F  6.93360 II3852230251002 CCPOIS / Short: SMIFLBMY3 IRS MXN P V 00MTIEF II6968010251002 CCPOIS          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  94400000 | OU      | $-4035.44     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIFMT8V5 IRS ILS R F  3.90650 II0125770251010 CCPOIS / Short: SMIFMT8V5 IRS ILS P V 00MSHIR II0781250251010 CCPOIS          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1336000 | OU      | $3747.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIFMT9X0 IRS ILS R F  3.66000 II1401320251010 CCPOIS / Short: SMIFMT9X0 IRS ILS P V 00MSHIR II1955890251010 CCPOIS          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3073000 | OU      | $2467.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIFNLKR6 IRS ILS R F  3.80250 II8652500251015 CCPOIS / Short: SMIFNLKR6 IRS ILS P V 00MSHIR II1091920251015 CCPOIS          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1338000 | OU      | $252.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | Long: SMIFP40W3 IRS ILS R F  3.51500 II7064410251021 CCPOIS / Short: SMIFP40W3 IRS ILS P V 00MSHIR II7522100251021 CCPOIS          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2509000 | OU      | $-2250.71     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Eurohome Italy Mortgages                         | Eurohome Italy Mortgages Srl                                                                                                       | CUSIP: 000000000<br>LEI: 8156005F4093CD5E0195 | Long             | ABS-MBS          | CORP              | IT        |   1378409 | PA      | $1504710.09   | 0.44%             | 2054-11-02      | Floating      | 2.59%                 | Yes           |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                                                                                                      | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        | 113540000 | PA      | $5765110.36   | 1.69%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                              | Petroleos Mexicanos                                                                                                                | CUSIP: 000000000<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    919000 | PA      | $1048847.82   | 0.31%             | 2027-04-21      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |   1000200 | PA      | $197539.50    | 0.06%             | 2022-10-28      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| BONOS DE TESORERIA                               | Peru Government Bond                                                                                                               | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |  13476000 | PA      | $4237223.92   | 1.24%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Mortgage Funding PLC                             | Mortgage Funding 2008-1 PLC                                                                                                        | CUSIP: 000000000<br>LEI: 213800AHT9AB4TA6OJ88 | Long             | ABS-MBS          | CORP              | GB        |   1480000 | PA      | $1933261.17   | 0.57%             | 2046-03-13      | Floating      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| LONGFOR HOLDINGS LTD                             | Longfor Group Holdings Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | DBT              | CORP              | KY        |    498000 | PA      | $418420.37    | 0.12%             | 2029-09-16      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Angola Government International Bonds            | Angola Government International Bonds                                                                                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    450000 | PA      | $378456.35    | 0.11%             | 2049-11-26      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| BANNA RMBS                                       | Banna RMBS DAC                                                                                                                     | CUSIP: 000000000<br>LEI: 549300ITMSQX8FY8ZS10 | Long             | ABS-MBS          | CORP              | IE        |    590000 | PA      | $871241.51    | 0.26%             | 2063-12-30      | Floating      | 7.49%                 | Yes           |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                | Lebanon Government International Bond                                                                                              | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |   5050000 | PA      | $1164025.00   | 0.34%             | 2028-03-20      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | State of Israel                                                                                                                    | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   1199000 | PA      | $826317.52    | 0.24%             | 2060-05-13      | Fixed         | 3.80%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN                          | Virgin Media Vendor Financing Notes III DAC                                                                                        | CUSIP: 000000000<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |    405000 | PA      | $519792.37    | 0.15%             | 2028-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Ecuador Government International Bonds           | Ecuador Government International Bonds                                                                                             | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |   1169313 | PA      | $1069629.07   | 0.31%             | 2030-07-31      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Ecuador Government International Bonds           | Ecuador Government International Bonds                                                                                             | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    131034 | PA      | $100732.39    | 0.03%             | 2035-07-31      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                              | Ecuador Government International Bond                                                                                              | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    787874 | PA      | $617496.25    | 0.18%             | 2030-07-31      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   1215000 | PA      | $931469.42    | 0.27%             | 2040-12-02      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| MEXICAN UDIBONOS                                 | Mexican Udibonos                                                                                                                   | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  35571858 | PA      | $1748228.67   | 0.51%             | 2031-11-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                           | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    265000 | PA      | $285555.00    | 0.08%             | 2029-09-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                 | Vmed O2 UK Financing I PLC                                                                                                         | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    430000 | PA      | $513318.47    | 0.15%             | 2031-07-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BENIN INTL GOV BOND                              | Benin Government International Bond                                                                                                | CUSIP: 000000000<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |    907000 | PA      | $979239.61    | 0.29%             | 2035-01-22      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| UNITED GROUP BV                                  | United Group BV                                                                                                                    | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    365000 | PA      | $417099.56    | 0.12%             | 2030-02-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Angola Government International Bonds            | Angola Government International Bonds                                                                                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    720000 | PA      | $676745.96    | 0.20%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                          | Turkiye Government Bond                                                                                                            | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |  30572204 | PA      | $656368.07    | 0.19%             | 2033-10-05      | Fixed         | 26.20%                | No            |                  2 | On Loan: No      |
| SUMMER BIDCO BV                                  | Summer BidCo BV                                                                                                                    | CUSIP: 000000000<br>LEI: 724500EOJYP21L3XM206 | Long             | DBT              | CORP              | NL        |    225000 | PA      | $266798.04    | 0.08%             | 2029-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I                           | Vmed O2 UK Financing I PLC                                                                                                         | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    460000 | PA      | $540762.74    | 0.16%             | 2032-04-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CD&R FIREFLY BIDCO LTD                           | CD&R Firefly Bidco PLC                                                                                                             | CUSIP: 000000000<br>LEI: 213800OAU5VX61DYZ558 | Long             | DBT              | CORP              | GB        |    460000 | PA      | $633910.81    | 0.19%             | 2029-04-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                       | Grifols SA                                                                                                                         | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    670000 | PA      | $813993.19    | 0.24%             | 2030-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FIBER MIDCO SPA                                  | Fiber Midco Spa                                                                                                                    | CUSIP: 000000000<br>LEI: 8156000AFE5C06C4D309 | Long             | DBT              | CORP              | IT        |    250000 | PA      | $257656.45    | 0.08%             | 2029-06-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| VEON MIDCO BV                                    | Veon Midco BV                                                                                                                      | CUSIP: 000000000<br>LEI: 213800GOFSH7EPKBRE50 | Long             | DBT              | CORP              | NL        |    684000 | PA      | $642674.40    | 0.19%             | 2027-11-25      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond                                                                                                 | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |   3240179 | PA      | $793157.94    | 0.23%             | 2036-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DUOMO BIDCO SPA                                  | Duomo Bidco SpA                                                                                                                    | CUSIP: 000000000<br>LEI: 8156008BEDB552B30829 | Long             | DBT              | CORP              | IT        |    595000 | PA      | $690563.20    | 0.20%             | 2031-07-15      | Floating      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| TEAMSYSTEM SPA                                   | TeamSystem SpA                                                                                                                     | CUSIP: 000000000<br>LEI: 81560062081DF3AB7A90 | Long             | DBT              | CORP              | IT        |    480000 | PA      | $556772.82    | 0.16%             | 2031-07-31      | Floating      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Ukraine Government International Bonds           | Ukraine Government International Bonds                                                                                             | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |   3500000 | PA      | $1797010.99   | 0.53%             | 2035-02-01      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                         | Perrigo Finance Unlimited Co                                                                                                       | CUSIP: 000000000<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    450000 | PA      | $539620.40    | 0.16%             | 2032-09-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DYNAMO NEWCO II GMBH                             | Dynamo Newco II GmbH                                                                                                               | CUSIP: 000000000<br>LEI: 391200FDSPYB8FKV7F97 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $581542.99    | 0.17%             | 2031-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                             | IHO Verwaltungs GmbH                                                                                                               | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    445000 | PA      | $545638.72    | 0.16%             | 2029-11-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| EDGE FINCO PLC                                   | Edge Finco PLC                                                                                                                     | CUSIP: 000000000<br>LEI: 648835NI8LJE5190NT73 | Long             | DBT              | CORP              | GB        |    635000 | PA      | $884566.09    | 0.26%             | 2031-08-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                          | Turkiye Government Bond                                                                                                            | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        | 121316408 | PA      | $2672803.50   | 0.78%             | 2034-09-27      | Fixed         | 27.70%                | No            |                  2 | On Loan: No      |
| ZORLU ENERJI ELEKTRIK                            | Zorlu Enerji Elektrik Uretim AS                                                                                                    | CUSIP: 000000000<br>LEI: 7890005B5CSNL39OYO75 | Long             | DBT              | CORP              | TR        |   1000000 | PA      | $899263.65    | 0.26%             | 2030-04-23      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                         | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    490000 | PA      | $581255.39    | 0.17%             | 2032-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| ALMAVIVA THE ITALIAN INN                         | Almaviva-The Italian Innovation Co SpA                                                                                             | CUSIP: 000000000<br>LEI: 815600A862DA4DD9E211 | Long             | DBT              | CORP              | IT        |    585000 | PA      | $684474.70    | 0.20%             | 2030-10-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ASK CHEM DE HOLD GMBH                            | ASK Chemicals Deutschland Holding GmbH                                                                                             | CUSIP: 000000000<br>LEI: 529900793W6Y4S5VIK84 | Long             | DBT              | CORP              | DE        |    240000 | PA      | $261100.65    | 0.08%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                           | Sherwood Financing PLC                                                                                                             | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $398025.69    | 0.12%             | 2029-12-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| GALAXY BIDCO LTD                                 | Galaxy Bidco Ltd                                                                                                                   | CUSIP: 000000000<br>LEI: 2138006O8YW3QCHKDY76 | Long             | DBT              | CORP              | GB        |    460000 | PA      | $631692.07    | 0.19%             | 2029-12-19      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                            | Sri Lanka Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |   1363000 | PA      | $1288035.00   | 0.38%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                         | Azule Energy Finance Plc                                                                                                           | CUSIP: 000000000<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    965000 | PA      | $970750.71    | 0.28%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| WAGA BONDCO LTD                                  | Waga Bondco Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 254900PFB2C9WELUW795 | Long             | DBT              | CORP              | JE        |    280000 | PA      | $335923.72    | 0.10%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ALBANIA                              | Albania Government International Bond                                                                                              | CUSIP: 000000000<br>LEI: 254900EDM43U3SGRND29 | Long             | DBT              | NUSS              | AL        |   1850000 | PA      | $2197300.19   | 0.64%             | 2035-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF MONTENEGRO                           | Montenegro Government International Bond                                                                                           | CUSIP: 000000000<br>LEI: 747800V014106FYLL014 | Long             | DBT              | NUSS              | ME        |   1140000 | PA      | $1339044.89   | 0.39%             | 2032-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    837000 | PA      | $1004139.37   | 0.29%             | 2039-07-11      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds                                                                                                 | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        | 453650000 | PA      | $2559585.67   | 0.75%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| IPD 3 BV                                         | IPD 3 BV                                                                                                                           | CUSIP: 000000000<br>LEI: 724500RBP2J59JMQB629 | Long             | DBT              | CORP              | NL        |    465000 | PA      | $547384.97    | 0.16%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TOUCAN FINCO LTD/CAN/US                          | Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    570000 | PA      | $608445.78    | 0.18%             | 2030-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                             | Teva Pharmaceutical Finance Netherlands II BV                                                                                      | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    714000 | PA      | $843344.01    | 0.25%             | 2031-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                         | British Telecommunications PLC                                                                                                     | CUSIP: 000000000<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    570000 | PA      | $767591.65    | 0.23%             | 2055-12-03      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| BONOS DE TESORERIA                               | Peru Government Bond                                                                                                               | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |  15476000 | PA      | $4855293.78   | 1.42%             | 2035-08-12      | Fixed         | 6.85%                 | Yes           |                  2 | On Loan: No      |
| SNB FUNDING LTD                                  | SNB Funding Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 549300PT73WJRNMAKE44 | Long             | DBT              | CORP              | KY        |    350000 | PA      | $360282.77    | 0.11%             | 2035-06-24      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH & LOMB NL BV/INC                          | Bausch + Lomb Netherlands BV and Bausch & Lomb Inc                                                                                 | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | XX        |    595000 | PA      | $695610.10    | 0.20%             | 2031-01-15      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| FIBERCOP SPA                                     | Fibercop SpA                                                                                                                       | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    830000 | PA      | $977797.78    | 0.29%             | 2032-06-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| URU MONETARY REG BILL                            | Uruguay Monetary Regulation Bill                                                                                                   | CUSIP: 000000000<br>LEI: 549300DTMS39GZYBX161 | Long             | STIV             | NUSS              | UY        |  17408000 | PA      | $432304.30    | 0.13%             | 2025-12-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                          | Beach Acquisition Bidco LLC                                                                                                        | CUSIP: 000000000<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    475000 | PA      | $564067.15    | 0.17%             | 2032-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LA DORIA SPA                                     | La Doria SpA                                                                                                                       | CUSIP: 000000000<br>LEI: 815600857F45E3102897 | Long             | DBT              | CORP              | IT        |    600000 | PA      | $694323.75    | 0.20%             | 2030-12-30      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| RIYAD SUKUK                                      | Riyad Sukuk Ltd                                                                                                                    | CUSIP: 000000000<br>LEI: 549300P8GI2KKEMZUH97 | Long             | DBT              | CORP              | KY        |    350000 | PA      | $357601.41    | 0.10%             | 2035-07-14      | Fixed         | 6.21%                 | Yes           |                  2 | On Loan: No      |
| FED OF BOSNIA&HERZ                               | Federation of Bosnia & Herzegovina Eurobond                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | BA        |    300000 | PA      | $360732.28    | 0.11%             | 2030-07-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| EGYPT GOVERNMENT BOND                            | Egypt Government Bond                                                                                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        | 179674000 | PA      | $3889886.04   | 1.14%             | 2030-07-08      | Fixed         | 19.95%                | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP                             | Boots Group Finco LP                                                                                                               | CUSIP: 000000000<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |    475000 | PA      | $568762.42    | 0.17%             | 2032-08-31      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ALEXANDRITE LAKE LUX HOL                         | Alexandrite Lake Lux Holdings Sarl                                                                                                 | CUSIP: 000000000<br>LEI: 213800RY78YHYF5J8L55 | Long             | DBT              | CORP              | LU        |    330000 | PA      | $390160.61    | 0.11%             | 2030-07-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| EGYPT GOVERNMENT BOND                            | Egypt Government Bond                                                                                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |  48844000 | PA      | $1072666.40   | 0.31%             | 2028-08-05      | Fixed         | 24.44%                | No            |                  2 | On Loan: No      |
| SAUDI AWWAL BANK                                 | Saudi Awwal Bank                                                                                                                   | CUSIP: 000000000<br>LEI: 558600TQS0WENZUC5190 | Long             | DBT              | CORP              | SA        |    360000 | PA      | $364521.69    | 0.11%             | 2035-09-04      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| NEW ZEALAND GVT ILB                              | New Zealand Government Inflation Linked Bond                                                                                       | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |   3425359 | PA      | $2074470.73   | 0.61%             | 2050-09-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INTRALOT CAPITAL LUX                             | Intralot Capital Luxembourg SA                                                                                                     | CUSIP: 000000000<br>LEI: 549300QF747C7UWZYB38 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $291329.05    | 0.09%             | 2031-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                         | Olympus Water US Holding Corp                                                                                                      | CUSIP: 000000000<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    555000 | PA      | $635184.69    | 0.19%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    930000 | PA      | $1074482.09   | 0.32%             | 2037-10-07      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                                                                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    600000 | PA      | $686971.97    | 0.20%             | 2045-10-07      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                               | Angolan Government International Bond                                                                                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |   1433000 | PA      | $1388923.18   | 0.41%             | 2035-10-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                               | Angolan Government International Bond                                                                                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    537000 | PA      | $524979.39    | 0.15%             | 2031-01-15      | Fixed         | 9.24%                 | Yes           |                  2 | On Loan: No      |
| Eurex Deutschland                                | EURO-BOBL FUTURE DEC25                                                                                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       -14 | NC      | $-6777.58     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       635 | NC      | $506546.55    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-BUXL 30Y BND DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |        -3 | NC      | $-14315.91    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR ULTRA FUT DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        34 | NC      | $60296.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-BUND FUTURE DEC25                                                                                                             | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       -68 | NC      | $-97652.51    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US ULTRA BOND CBT DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -205 | NC      | $-860468.75   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US LONG BOND(CBT) DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -21 | NC      | $-46781.25    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -10 | NC      | $578.12       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaka Exchange                                   | JPN 10Y BOND(OSE) DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DIR              |  | JP        |        -9 | NC      | $65991.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) DEC25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       752 | NC      | $204359.38    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Hall Mortgages Plc                         | Great Hall Mortgages No 1 PLC                                                                                                      | CUSIP: 000000000<br>LEI: 213800TM9KICQKGTYR78 | Long             | ABS-MBS          | CORP              | GB        |   1030000 | PA      | $1328898.76   | 0.39%             | 2038-06-18      | Floating      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                         | Brazil Notas do Tesouro Nacional Serie B                                                                                           | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   2100000 | PA      | $1677927.81   | 0.49%             | 2030-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BENIN INTL GOV BOND                              | Benin Government International Bond                                                                                                | CUSIP: 000000000<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |    546000 | PA      | $582938.92    | 0.17%             | 2052-01-19      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                         | Republic of South Africa Government Bond                                                                                           | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  47768000 | PA      | $2468948.71   | 0.72%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ATOS SE                                          | Atos SE                                                                                                                            | CUSIP: 000000000<br>LEI: 5493001EZOOA66PTBR68 | Long             | SN               | CORP              | FR        |    535000 | PA      | $705655.57    | 0.21%             | 2029-12-18      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                         | Republic of South Africa Government Bond                                                                                           | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  63931235 | PA      | $3695902.62   | 1.08%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Titulizacion De Activos                          | TDA 27 FTA                                                                                                                         | CUSIP: 000000000<br>LEI: 95980020140005710276 | Long             | ABS-MBS          | CORP              | ES        |   1117466 | PA      | $1188094.02   | 0.35%             | 2050-12-28      | Floating      | 2.17%                 | Yes           |                  2 | On Loan: No      |
| Newgate Funding PLC                              | Newgate Funding PLC                                                                                                                | CUSIP: 000000000<br>LEI: 2138006KF4KS6D5P1697 | Long             | ABS-MBS          | CORP              | GB        |    416586 | PA      | $535797.26    | 0.16%             | 2050-12-15      | Floating      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| TULLOW OIL PLC                                   | Tullow Oil PLC                                                                                                                     | CUSIP: 000000000<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    236000 | PA      | $200010.00    | 0.06%             | 2026-05-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| WE SODA INV HOLDING PLC                          | WE Soda Investments Holding PLC                                                                                                    | CUSIP: 000000000<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |    304000 | PA      | $305335.32    | 0.09%             | 2028-10-06      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                             | Raizen Fuels Finance SA                                                                                                            | CUSIP: 000000000<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    642000 | PA      | $536715.18    | 0.16%             | 2037-02-25      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                             | Raizen Fuels Finance SA                                                                                                            | CUSIP: 000000000<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $340500.00    | 0.10%             | 2032-07-08      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                              | Braskem Netherlands Finance BV                                                                                                     | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    205000 | PA      | $92373.00     | 0.03%             | 2028-01-10      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                              | Braskem Netherlands Finance BV                                                                                                     | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |   1369000 | PA      | $551830.21    | 0.16%             | 2030-01-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    591400 | PA      | $153083.89    | 0.04%             | 2023-05-07      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    126000 | PA      | $37056.60     | 0.01%             | 2049-08-23      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                               | Braskem Idesa SAPI                                                                                                                 | CUSIP: 000000000<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    435000 | PA      | $279131.55    | 0.08%             | 2032-02-20      | Fixed         | 6.99%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                               | Dominican Republic International Bond                                                                                              | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        | 153300000 | PA      | $2879125.13   | 0.84%             | 2033-02-03      | Fixed         | 13.62%                | Yes           |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                                                                                                      | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  59741500 | PA      | $3071701.68   | 0.90%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |    427600 | PA      | $95568.60     | 0.03%             | 2037-04-12      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |    617700 | PA      | $138055.95    | 0.04%             | 2027-04-12      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |   1416000 | PA      | $376656.00    | 0.11%             | 2022-02-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |    217100 | PA      | $49281.70     | 0.01%             | 2021-11-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |     97700 | PA      | $23789.95     | 0.01%             | 2035-05-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |   1235900 | PA      | $276223.65    | 0.08%             | 2024-05-16      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                         | Petroleos de Venezuela SA                                                                                                          | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |    464500 | PA      | $464035.50    | 0.14%             | 2020-10-27      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS DEL PERU SA                            | Petroleos del Peru SA                                                                                                              | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    900000 | PA      | $648949.50    | 0.19%             | 2047-06-19      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                             | Samarco Mineracao SA                                                                                                               | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |   1419463 | PA      | $1420332.70   | 0.42%             | 2031-06-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    143000 | PA      | $42199.30     | 0.01%             | 2018-08-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |   1367000 | PA      | $323090.45    | 0.09%             | 2018-12-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |   2018500 | PA      | $462438.35    | 0.14%             | 2020-12-09      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |      9000 | PA      | $2151.90      | 0.00%             | 2049-10-13      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                            | Venezuela Government International Bond                                                                                            | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    225700 | PA      | $58478.87     | 0.02%             | 2024-10-13      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                             | YPF SA                                                                                                                             | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    403051 | PA      | $406741.33    | 0.12%             | 2034-01-17      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| RiverView HECM Trust                             | RIVERVIEW HECM PASS-THROUGH CERTIFICATES SERIES 2007-4                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    615364 | PA      | $536092.89    | 0.16%             | 2047-05-25      | Floating      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Angola Government International Bonds            | Angola Government International Bonds                                                                                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    435000 | PA      | $373849.85    | 0.11%             | 2048-05-08      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL REP OF ETHIOPIA                          | Ethiopia International Bond                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ET        |   2300000 | PA      | $2438000.00   | 0.72%             | 2024-12-11      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-21

**Name of Applicant:** Morgan Stanley Income Opportunities Fund

**Signature:** Francis Smith

**Name of Signer:** Francis Smith

**Title:** Principal Financial Officer