# EDGAR Filing Document

**Accession Number:** 0000823620
**File Stem:** 0001145549-25-053163
**Filing Date:** 2025-8
**Character Count:** 630551
**Document Hash:** 29285c01e612d39f1e23c8ff53edc9e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-053163.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001145549-25-053163

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN HIGH INCOME TRUST
- **CENTRAL INDEX KEY:** 0000823620

**ORGANIZATION NAME:**
- **EIN:** 956872063
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05364
- **FILM NUMBER:** 251249834

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S HOPE ST - 55TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 213-486-9200

**MAIL ADDRESS:**
- **STREET 1:** 333 S HOPE ST - 55TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Series and Classes Contracts Data

### AMERICAN HIGH INCOME TRUST (Series ID: S000009230)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000025083 | Class A       | AHITX           |
| C000025084 | Class R-1     | RITAX           |
| C000025085 | Class R-2     | RITBX           |
| C000025086 | Class R-3     | RITCX           |
| C000025087 | Class R-4     | RITEX           |
| C000025088 | Class R-5     | RITFX           |
| C000025090 | Class C       | AHTCX           |
| C000025091 | Class F-1     | AHTFX           |
| C000025092 | Class 529-A   | CITAX           |
| C000025094 | Class 529-C   | CITCX           |
| C000025095 | Class 529-E   | CITEX           |
| C000025096 | Class 529-F-1 | CITFX           |
| C000068571 | Class F-2     | AHIFX           |
| C000077919 | Class R-6     | RITGX           |
| C000148436 | Class R-2E    | RTEHX           |
| C000164805 | Class R-5E    | RITHX           |
| C000179954 | Class F-3     | HIGFX           |
| C000189441 | Class 529-T   | TAIHX           |
| C000189442 | Class T       | TAHIX           |
| C000224587 | Class 529-F-3 | FTAHX           |
| C000224588 | Class 529-F-2 | FAHHX           |

## Nport-Ex

![](imgd2a3e19f1.jpg)

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

**American High-Income Trust**<sup>®</sup>

Investment portfolio

June 30, 2025

**unaudited**

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

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 85.96%<br> **Corporate bonds, notes & loans 85.69%**<br> **Communication services 13.67%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| CCO Holdings, LLC 5.50% 5/1/2026 <sup>(a)</sup>  | USD2,094 | $2095 |
| CCO Holdings, LLC 5.125% 5/1/2027 <sup>(a)</sup>  | 128 | 128 |
| CCO Holdings, LLC 5.00% 2/1/2028 <sup>(a)</sup>  | 26032 | 25810 |
| CCO Holdings, LLC 5.375% 6/1/2029 <sup>(a)</sup>  | 11126 | 11093 |
| CCO Holdings, LLC 6.375% 9/1/2029 <sup>(a)</sup>  | 7900 | 8064 |
| CCO Holdings, LLC 4.75% 3/1/2030 <sup>(a)</sup>  | 57682 | 55925 |
| CCO Holdings, LLC 4.50% 8/15/2030 <sup>(a)</sup>  | 53204 | 50757 |
| CCO Holdings, LLC 4.25% 2/1/2031 <sup>(a)</sup>  | 73951 | 69130 |
| CCO Holdings, LLC 7.375% 3/1/2031 <sup>(a)</sup>  | 1690 | 1764 |
| CCO Holdings, LLC 4.75% 2/1/2032 <sup>(a)</sup>  | 47548 | 45130 |
| CCO Holdings, LLC 4.50% 5/1/2032  | 77492 | 72212 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(a)</sup>  | 64221 | 58740 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(a)</sup>  | 95330 | 84921 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 10713 | 8578 |
| Charter Communications Operating, LLC 3.70% 4/1/2051  | 11660 | 7773 |
| Charter Communications Operating, LLC 3.90% 6/1/2052  | 23326 | 16022 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 18558 | 15777 |
| Charter Communications Operating, LLC 3.85% 4/1/2061  | 4245 | 2722 |
| Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 <sup>(a)</sup>  | 26330 | 24902 |
| Clear Channel Outdoor Holdings, Inc. 7.50% 6/1/2029 <sup>(a)</sup>  | 8000 | 7406 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(a)</sup>  | 155314 | 156305 |
| Consolidated Communications, Inc. 5.00% 10/1/2028 <sup>(a)</sup>  | 15350 | 15522 |
| Consolidated Communications, Inc. 6.50% 10/1/2028 <sup>(a)</sup>  | 2000 | 2041 |
| CSC Holdings, LLC 5.50% 4/15/2027 <sup>(a)</sup>  | 14570 | 13923 |
| CSC Holdings, LLC 5.375% 2/1/2028 <sup>(a)</sup>  | 2425 | 2222 |
| CSC Holdings, LLC 3.375% 2/15/2031 <sup>(a)</sup>  | 1000 | 694 |
| CSC Holdings, LLC, Term Loan B, (USD Prime Rate + 1.50%) 9.00% 4/15/2027 <sup>(b)(c)</sup>  | 8104 | 7911 |
| CSC Holdings, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.812% 1/18/2028 <sup>(b)(c)</sup>  | 38590 | 38098 |
| Cumulus Media New Holdings, Inc. 8.00% 7/1/2029 <sup>(a)</sup>  | 7000 | 1978 |
| Diamond Sports Net, LLC, Term Loan, 15.00% PIK 1/2/2028 <sup>(b)(d)</sup>  | 718 | 651 |
| DIRECTV Financing, LLC 5.875% 8/15/2027 <sup>(a)</sup>  | 104627 | 104351 |
| DIRECTV Financing, LLC, Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.541% 8/2/2027 <sup>(b)(c)</sup>  | 3743 | 3763 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(a)</sup>  | 298162 | 307583 |
| EchoStar Corp. 10.75% 11/30/2029  | 160388 | 165336 |
| EchoStar Corp. 6.75% PIK 11/30/2030 <sup>(d)</sup>  | 40076 | 36604 |
| Embarq, LLC 7.995% 6/1/2036  | 112111 | 51473 |
| Frontier Communications Holdings, LLC 5.875% 10/15/2027 <sup>(a)</sup>  | 7775 | 7783 |
| Frontier Communications Holdings, LLC 5.00% 5/1/2028 <sup>(a)</sup>  | 37860 | 37871 |
| Frontier Communications Holdings, LLC 6.75% 5/1/2029 <sup>(a)</sup>  | 88558 | 89778 |
| Frontier Communications Holdings, LLC 5.875% 11/1/2029  | 45546 | 46036 |
| Frontier Communications Holdings, LLC 6.00% 1/15/2030 <sup>(a)</sup>  | 70618 | 71589 |
| Frontier Communications Holdings, LLC 8.75% 5/15/2030 <sup>(a)</sup>  | 9875 | 10336 |
| Frontier Communications Holdings, LLC 8.625% 3/15/2031 <sup>(a)</sup>  | 5225 | 5556 |
| Gray Media, Inc. 7.00% 5/15/2027 <sup>(a)</sup>  | 8025 | 8028 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(a)</sup>  | 98000 | 105357 |

---

American High-Income Trust — Page 1 of 29

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Communication services (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Gray Media, Inc. 4.75% 10/15/2030 <sup>(a)</sup>  | USD13,162 | $9970 |
| Gray Media, Inc. 5.375% 11/15/2031 <sup>(a)</sup>  | 58930 | 44239 |
| Gray Television, Inc., Term Loan D, (3-month USD CME Term SOFR + 3.00%) 7.439% 12/1/2028 <sup>(b)(c)</sup>  | 12000 | 11664 |
| Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.574% 6/4/2029 <sup>(b)(c)</sup>  | 29362 | 29358 |
| Intelsat Jackson Holdings SA 6.50% 3/15/2030 <sup>(a)</sup>  | 161213 | 164791 |
| Lamar Media Corp. 3.625% 1/15/2031  | 10350 | 9572 |
| Level 3 Financing, Inc. 3.75% 7/15/2029 <sup>(a)</sup>  | 11500 | 9732 |
| Ligado Networks, LLC 17.50% PIK 11/1/2023 <sup>(a)(d)(e)</sup>  | 66505 | 22944 |
| Ligado Networks, LLC, Term Loan, 17.50% PIK 10/4/2025 <sup>(b)(d)(f)</sup>  | 13963 | 13963 |
| Live Nation Entertainment, Inc. 4.75% 10/15/2027 <sup>(a)</sup>  | 10235 | 10132 |
| Live Nation Entertainment, Inc. 3.75% 1/15/2028 <sup>(a)</sup>  | 5605 | 5438 |
| Netflix, Inc. 4.875% 4/15/2028  | 6190 | 6321 |
| News Corp. 3.875% 5/15/2029 <sup>(a)</sup>  | 15315 | 14664 |
| Nexstar Media, Inc. 5.625% 7/15/2027 <sup>(a)</sup>  | 34745 | 34686 |
| Nexstar Media, Inc. 4.75% 11/1/2028 <sup>(a)</sup>  | 82876 | 80783 |
| OUTFRONT Media Capital, LLC 4.625% 3/15/2030 <sup>(a)</sup>  | 60 | 57 |
| Paramount Global 7.875% 7/30/2030  | 3200 | 3546 |
| Paramount Global 6.875% 4/30/2036  | 12000 | 12295 |
| Sinclair Television Group, Inc. 5.125% 2/15/2027 <sup>(a)</sup>  | 1000 | 963 |
| Sinclair Television Group, Inc. 8.125% 2/15/2033 <sup>(a)</sup>  | 30385 | 30722 |
| Sirius XM Radio, LLC 3.125% 9/1/2026 <sup>(a)</sup>  | 30505 | 29953 |
| Sirius XM Radio, LLC 5.00% 8/1/2027 <sup>(a)</sup>  | 23280 | 23097 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(a)</sup>  | 82755 | 79539 |
| Sirius XM Radio, LLC 5.50% 7/1/2029 <sup>(a)</sup>  | 21175 | 21049 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(a)</sup>  | 79893 | 73715 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(a)</sup>  | 134998 | 120086 |
| Snap, Inc. 6.875% 3/1/2033 <sup>(a)</sup>  | 37005 | 37995 |
| Sprint Capital Corp. 6.875% 11/15/2028  | 6365 | 6835 |
| Sprint Capital Corp. 8.75% 3/15/2032  | 17147 | 20811 |
| Sprint, LLC 7.625% 3/1/2026  | 9450 | 9541 |
| Stagwell Global, LLC 5.625% 8/15/2029 <sup>(a)</sup>  | 26430 | 25308 |
| TEGNA, Inc. 5.00% 9/15/2029  | 20362 | 19464 |
| T-Mobile USA, Inc. 3.375% 4/15/2029  | 15950 | 15358 |
| Univision Communications, Inc. 6.625% 6/1/2027 <sup>(a)</sup>  | 88315 | 88155 |
| Univision Communications, Inc. 8.00% 8/15/2028 <sup>(a)</sup>  | 55135 | 55996 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(a)</sup>  | 103667 | 94355 |
| Univision Communications, Inc. 7.375% 6/30/2030 <sup>(a)</sup>  | 56266 | 55338 |
| Univision Communications, Inc. 8.50% 7/31/2031 <sup>(a)</sup>  | 33120 | 33187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Univision Communications, Inc., Term Loan, (3-month USD CME Term SOFR + 4.25%) 8.546% <br>6/24/2029 <sup>(b)(c)</sup>  | 1209 | 1213 |
| Virgin Media Secured Finance PLC 4.50% 8/15/2030 <sup>(a)</sup>  | 1000 | 930 |
| VMED O2 UK Financing I PLC 4.25% 1/31/2031 <sup>(a)</sup>  | 23140 | 21214 |
| WarnerMedia Holdings, Inc. 4.054% 3/15/2029  | 22920 | 21344 |
| WarnerMedia Holdings, Inc. 4.279% 3/15/2032  | 12100 | 10164 |
| WarnerMedia Holdings, Inc. 5.05% 3/15/2042  | 10080 | 6791 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 2000 | 1405 |
| WMG Acquisition Corp. 3.75% 12/1/2029 <sup>(a)</sup>  | 30238 | 28368 |
| WMG Acquisition Corp. 3.875% 7/15/2030 <sup>(a)</sup>  | 21627 | 20228 |
| WMG Acquisition Corp. 3.00% 2/15/2031 <sup>(a)</sup>  | 4050 | 3675 |
| X Corp., Term Loan B3, 9.50% 10/26/2029 <sup>(b)</sup>  | 9000 | 8762 |
| X Corp., Term Loan B, (USD-SOFR + 6.50%) 10.927% 10/26/2029 <sup>(b)(c)</sup>  | 36896 | 36097 |
| Ziggo BV 4.875% 1/15/2030 <sup>(a)</sup>  | 19750 | 18469 |
|  |  | 3364020 |

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American High-Income Trust — Page 2 of 29

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Energy 12.50%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| 3R Lux SARL 9.75% 2/5/2031 <sup>(a)</sup>  | USD7,395 | $7484 |
| Antero Midstream Partners, LP 5.375% 6/15/2029 <sup>(a)</sup>  | 11250 | 11173 |
| Antero Midstream Partners, LP 6.625% 2/1/2032 <sup>(a)</sup>  | 925 | 956 |
| Antero Resources Corp. 5.375% 3/1/2030 <sup>(a)</sup>  | 4600 | 4632 |
| APA Corp. 4.75% 4/15/2043 <sup>(a)</sup>  | 520 | 397 |
| Apache Corp. 4.625% 11/15/2025  | 5540 | 5532 |
| Archrock Partners, LP 6.25% 4/1/2028 <sup>(a)</sup>  | 5720 | 5743 |
| Archrock Partners, LP 6.625% 9/1/2032 <sup>(a)</sup>  | 10210 | 10409 |
| Ascent Resources Utica Holdings, LLC 9.00% 11/1/2027 <sup>(a)</sup>  | 3830 | 4700 |
| Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 <sup>(a)</sup>  | 24485 | 24542 |
| Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 <sup>(a)</sup>  | 12100 | 12323 |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(a)</sup>  | 11660 | 11837 |
| Baytex Energy Corp. 8.50% 4/30/2030 <sup>(a)</sup>  | 14465 | 14484 |
| Baytex Energy Corp. 7.375% 3/15/2032 <sup>(a)</sup>  | 13885 | 13270 |
| BIP-V Chinook Holdco, LLC 5.50% 6/15/2031 <sup>(a)</sup>  | 27330 | 27018 |
| Blue Racer Midstream, LLC 7.00% 7/15/2029 <sup>(a)</sup>  | 2785 | 2908 |
| Blue Racer Midstream, LLC 7.25% 7/15/2032 <sup>(a)</sup>  | 9465 | 10036 |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(a)</sup>  | 55207 | 50467 |
| Borr IHC, Ltd. 10.375% 11/15/2030 <sup>(a)</sup>  | 23546 | 20845 |
| California Resources Corp. 7.125% 2/1/2026 <sup>(a)</sup>  | 3121 | 3136 |
| California Resources Corp. 8.25% 6/15/2029 <sup>(a)</sup>  | 11625 | 11942 |
| Cenovus Energy, Inc. 5.375% 7/15/2025  | 204 | 204 |
| Cenovus Energy, Inc. 4.25% 4/15/2027  | 390 | 389 |
| Cenovus Energy, Inc. 5.25% 6/15/2037  | 151 | 143 |
| Cenovus Energy, Inc. 5.40% 6/15/2047  | 232 | 206 |
| Cheniere Energy Partners, LP 4.50% 10/1/2029  | 618 | 612 |
| Cheniere Energy, Inc. 4.625% 10/15/2028  | 20199 | 20177 |
| Chord Energy Corp. 6.75% 3/15/2033 <sup>(a)</sup>  | 33530 | 34276 |
| CITGO Petroleum Corp. 8.375% 1/15/2029 <sup>(a)</sup>  | 27700 | 28881 |
| Civitas Resources, Inc. 5.00% 10/15/2026 <sup>(a)</sup>  | 10025 | 9906 |
| Civitas Resources, Inc. 8.375% 7/1/2028 <sup>(a)</sup>  | 20620 | 21139 |
| Civitas Resources, Inc. 8.625% 11/1/2030 <sup>(a)</sup>  | 16405 | 16668 |
| Civitas Resources, Inc. 8.75% 7/1/2031 <sup>(a)</sup>  | 54508 | 55182 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(a)</sup>  | 7180 | 7366 |
| CNX Midstream Partners, LP 4.75% 4/15/2030 <sup>(a)</sup>  | 5745 | 5442 |
| CNX Resources Corp. 6.00% 1/15/2029 <sup>(a)</sup>  | 28863 | 28997 |
| CNX Resources Corp. 7.375% 1/15/2031 <sup>(a)</sup>  | 18926 | 19756 |
| CNX Resources Corp. 7.25% 3/1/2032 <sup>(a)</sup>  | 34235 | 35471 |
| Comstock Resources, Inc. 6.75% 3/1/2029 <sup>(a)</sup>  | 6150 | 6168 |
| Comstock Resources, Inc. 5.875% 1/15/2030 <sup>(a)</sup>  | 21285 | 20694 |
| Constellation Oil Services Holding SA 9.375% 11/7/2029 <sup>(a)(g)</sup>  | 49175 | 50085 |
| Crescent Energy Finance, LLC 9.25% 2/15/2028 <sup>(a)</sup>  | 37186 | 38786 |
| Crescent Energy Finance, LLC 7.625% 4/1/2032 <sup>(a)</sup>  | 42200 | 41240 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(a)</sup>  | 36465 | 34889 |
| Crescent Energy Finance, LLC 8.375% 1/15/2034 <sup>(a)</sup>  | 12230 | 12246 |
| Devon Energy Corp. 5.875% 6/15/2028  | 2830 | 2831 |
| Devon Energy Corp. 4.50% 1/15/2030  | 10040 | 9942 |
| Diamond Foreign Asset Co. 8.50% 10/1/2030 <sup>(a)</sup>  | 9515 | 9915 |
| DT Midstream, Inc. 4.125% 6/15/2029 <sup>(a)</sup>  | 26695 | 25800 |
| DT Midstream, Inc. 4.375% 6/15/2031 <sup>(a)</sup>  | 7241 | 6939 |
| Encino Acquisition Partners Holdings, LLC 8.50% 5/1/2028 <sup>(a)</sup>  | 12614 | 12969 |
| Encino Acquisition Partners Holdings, LLC 8.75% 5/1/2031 <sup>(a)</sup>  | 28585 | 31591 |
| Energean Israel Finance, Ltd. 5.375% 3/30/2028 <sup>(a)</sup>  | 22800 | 21768 |
| Energean Israel Finance, Ltd. 5.875% 3/30/2031 <sup>(a)</sup>  | 13000 | 12015 |

---

American High-Income Trust — Page 3 of 29

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Energy (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Energy Transfer, LP 6.00% 2/1/2029 <sup>(a)</sup>  | USD1,500 | $1524 |
| Energy Transfer, LP 7.375% 2/1/2031 <sup>(a)</sup>  | 377 | 395 |
| EQT Corp. 4.50% 1/15/2029 <sup>(a)</sup>  | 9292 | 9182 |
| EQT Corp. 5.00% 1/15/2029  | 3925 | 3960 |
| EQT Corp. 4.75% 1/15/2031 <sup>(a)</sup>  | 22156 | 21820 |
| EQT Corp. 3.625% 5/15/2031 <sup>(a)</sup>  | 6515 | 6044 |
| Expand Energy Corp. 5.75% 3/15/2023 <sup>(e)</sup>  | 1730 | 7 |
| Expand Energy Corp. 5.875% 2/1/2029 <sup>(a)</sup>  | 16538 | 16615 |
| Expand Energy Corp. 6.75% 4/15/2029 <sup>(a)</sup>  | 11685 | 11832 |
| Expand Energy Corp. 5.375% 3/15/2030  | 15225 | 15278 |
| Expand Energy Corp. 4.75% 2/1/2032  | 2695 | 2622 |
| Expand Energy Corp. 4.875% 4/15/2032 <sup>(e)</sup>  | 28871 | 115 |
| Genesis Energy, LP 7.75% 2/1/2028  | 8635 | 8769 |
| Genesis Energy, LP 8.25% 1/15/2029  | 33320 | 34863 |
| Genesis Energy, LP 8.875% 4/15/2030  | 25863 | 27481 |
| Genesis Energy, LP 7.875% 5/15/2032  | 56140 | 58420 |
| Global Partners, LP 6.875% 1/15/2029  | 2950 | 2997 |
| Global Partners, LP 8.25% 1/15/2032 <sup>(a)</sup>  | 9000 | 9472 |
| Global Partners, LP 7.125% 7/1/2033 <sup>(a)</sup>  | 6535 | 6631 |
| Harbour Energy PLC 5.50% 10/15/2026 <sup>(a)</sup>  | 27305 | 27015 |
| Harvest Midstream I, LP 7.50% 9/1/2028 <sup>(a)</sup>  | 27612 | 28102 |
| Harvest Midstream I, LP 7.50% 5/15/2032 <sup>(a)</sup>  | 18210 | 19247 |
| Hess Midstream Operations, LP 5.875% 3/1/2028 <sup>(a)</sup>  | 20655 | 20976 |
| Hess Midstream Operations, LP 5.125% 6/15/2028 <sup>(a)</sup>  | 11390 | 11318 |
| Hess Midstream Operations, LP 6.50% 6/1/2029 <sup>(a)</sup>  | 10285 | 10584 |
| Hess Midstream Operations, LP 4.25% 2/15/2030 <sup>(a)</sup>  | 28875 | 27786 |
| Hess Midstream Operations, LP 5.50% 10/15/2030 <sup>(a)</sup>  | 11795 | 11855 |
| Hilcorp Energy I, LP 5.75% 2/1/2029 <sup>(a)</sup>  | 15685 | 15491 |
| Hilcorp Energy I, LP 6.00% 4/15/2030 <sup>(a)</sup>  | 18223 | 17732 |
| Hilcorp Energy I, LP 6.00% 2/1/2031 <sup>(a)</sup>  | 22172 | 21465 |
| Hilcorp Energy I, LP 6.25% 4/15/2032 <sup>(a)</sup>  | 20585 | 19675 |
| Hilcorp Energy I, LP 8.375% 11/1/2033 <sup>(a)</sup>  | 25156 | 26121 |
| Hilcorp Energy I, LP 7.25% 2/15/2035 <sup>(a)</sup>  | 1000 | 979 |
| Kimmeridge Texas Gas, LLC 8.50% 2/15/2030 <sup>(a)</sup>  | 6155 | 6375 |
| Kodiak Gas Services, LLC 7.25% 2/15/2029 <sup>(a)</sup>  | 8555 | 8855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lealand Finance Co. BV, Term Loan, (3-month USD CME Term SOFR + 1.00%) 3.00% PIK and 5.441% Cash <br> 12/30/2027 <sup>(b)(c)(d)</sup>  | 41 | 18 |
| Matador Resources Co. 6.875% 4/15/2028 <sup>(a)</sup>  | 8675 | 8852 |
| Matador Resources Co. 6.50% 4/15/2032 <sup>(a)</sup>  | 15360 | 15378 |
| Matador Resources Co. 6.25% 4/15/2033 <sup>(a)</sup>  | 17415 | 17330 |
| MEG Energy Corp. 5.875% 2/1/2029 <sup>(a)</sup>  | 33520 | 33507 |
| Mesquite Energy, Inc. 7.25% 2/15/2023 <sup>(a)(e)</sup>  | 22796 | 456 |
| Murphy Oil Corp. 6.375% 7/15/2028  | 4682 | 4725 |
| Murphy Oil Corp. 6.00% 10/1/2032  | 12420 | 11854 |
| Murphy Oil USA, Inc. 3.75% 2/15/2031 <sup>(a)</sup>  | 21480 | 19840 |
| Nabors Industries, Inc. 7.375% 5/15/2027 <sup>(a)</sup>  | 19675 | 19444 |
| Nabors Industries, Inc. 7.50% 1/15/2028 <sup>(a)</sup>  | 1860 | 1661 |
| Nabors Industries, Inc. 9.125% 1/31/2030 <sup>(a)</sup>  | 20550 | 19693 |
| Nabors Industries, Inc. 8.875% 8/15/2031 <sup>(a)</sup>  | 11705 | 8704 |
| New Fortress Energy, Inc. 6.50% 9/30/2026 <sup>(a)</sup>  | 27050 | 15034 |
| New Fortress Energy, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.50%) 9.807% 10/30/2028 <sup>(b)(c)</sup>  | 6128 | 3370 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(a)</sup>  | 395097 | 179700 |
| NGL Energy Operating, LLC 8.125% 2/15/2029 <sup>(a)</sup>  | 1185 | 1198 |
| NGL Energy Operating, LLC 8.375% 2/15/2032 <sup>(a)</sup>  | 24700 | 24794 |

---

American High-Income Trust — Page 4 of 29

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Energy (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| NGPL PipeCo, LLC 4.875% 8/15/2027 <sup>(a)</sup>  | USD1,010 | $1005 |
| Noble Finance II, LLC 8.00% 4/15/2030 <sup>(a)</sup>  | 41175 | 41961 |
| Northern Oil and Gas, Inc. 8.125% 3/1/2028 <sup>(a)</sup>  | 36125 | 36472 |
| Northern Oil and Gas, Inc. 8.75% 6/15/2031 <sup>(a)</sup>  | 16840 | 17375 |
| NuStar Logistics, LP 6.00% 6/1/2026  | 6129 | 6156 |
| Occidental Petroleum Corp. 5.55% 10/1/2034  | 903 | 887 |
| Occidental Petroleum Corp. 6.60% 3/15/2046  | 13106 | 12929 |
| Occidental Petroleum Corp. 4.20% 3/15/2048  | 2543 | 1733 |
| Occidental Petroleum Corp. 6.05% 10/1/2054  | 31763 | 29135 |
| Parkland Corp. 5.875% 7/15/2027 <sup>(a)</sup>  | 14740 | 14758 |
| Parkland Corp. 4.625% 5/1/2030 <sup>(a)</sup>  | 7220 | 6919 |
| Parkland Corp. 6.625% 8/15/2032 <sup>(a)</sup>  | 1740 | 1780 |
| Permian Resources Operating, LLC 8.00% 4/15/2027 <sup>(a)</sup>  | 1190 | 1218 |
| Permian Resources Operating, LLC 5.875% 7/1/2029 <sup>(a)</sup>  | 1375 | 1381 |
| Permian Resources Operating, LLC 9.875% 7/15/2031 <sup>(a)</sup>  | 23092 | 25313 |
| Permian Resources Operating, LLC 7.00% 1/15/2032 <sup>(a)</sup>  | 17475 | 18127 |
| Permian Resources Operating, LLC 6.25% 2/1/2033 <sup>(a)</sup>  | 39061 | 39449 |
| Petroleos Mexicanos 6.875% 10/16/2025  | 6200 | 6197 |
| Petroleos Mexicanos 4.50% 1/23/2026  | 16275 | 16065 |
| Petroleos Mexicanos 6.875% 8/4/2026  | 10610 | 10619 |
| Petroleos Mexicanos 6.49% 1/23/2027  | 5850 | 5824 |
| Petroleos Mexicanos 5.35% 2/12/2028  | 3140 | 3017 |
| Petroleos Mexicanos 6.50% 1/23/2029  | 1150 | 1126 |
| Petroleos Mexicanos 8.75% 6/2/2029  | 15197 | 15754 |
| Petroleos Mexicanos 6.84% 1/23/2030  | 9860 | 9532 |
| Petroleos Mexicanos 5.95% 1/28/2031  | 16630 | 15050 |
| Petroleos Mexicanos 6.50% 6/2/2041  | 253 | 188 |
| Petroleos Mexicanos 6.375% 1/23/2045  | 102 | 72 |
| Petroleos Mexicanos 6.75% 9/21/2047  | 857 | 621 |
| Petroleos Mexicanos 6.35% 2/12/2048  | 150 | 105 |
| Petroleos Mexicanos 7.69% 1/23/2050  | 10546 | 8302 |
| Petroleos Mexicanos 6.95% 1/28/2060  | 10700 | 7696 |
| Range Resources Corp. 8.25% 1/15/2029  | 8450 | 8706 |
| Range Resources Corp. 4.75% 2/15/2030 <sup>(a)</sup>  | 9970 | 9706 |
| Saturn Oil & Gas, Inc. 9.625% 6/15/2029 <sup>(a)</sup>  | 13219 | 13147 |
| Seadrill Finance, Ltd. 8.375% 8/1/2030 <sup>(a)</sup>  | 17605 | 17944 |
| SM Energy Co. 6.50% 7/15/2028  | 2910 | 2937 |
| Suburban Propane Partners, LP 5.00% 6/1/2031 <sup>(a)</sup>  | 4610 | 4364 |
| Summit Midstream Holdings, LLC 8.625% 10/31/2029 <sup>(a)</sup>  | 41365 | 42351 |
| Sunoco, LP 6.00% 4/15/2027  | 12591 | 12595 |
| Sunoco, LP 5.875% 3/15/2028  | 4210 | 4224 |
| Sunoco, LP 7.00% 9/15/2028 <sup>(a)</sup>  | 34975 | 36111 |
| Sunoco, LP 7.00% 5/1/2029 <sup>(a)</sup>  | 6585 | 6862 |
| Sunoco, LP 4.50% 5/15/2029  | 36280 | 35247 |
| Sunoco, LP 4.50% 4/30/2030  | 38700 | 37241 |
| Sunoco, LP 7.25% 5/1/2032 <sup>(a)</sup>  | 21760 | 22863 |
| Sunoco, LP 6.25% 7/1/2033 <sup>(a)</sup>  | 19925 | 20270 |
| Superior Plus, LP 4.50% 3/15/2029 <sup>(a)</sup>  | 6485 | 6242 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(a)</sup>  | 17465 | 17894 |
| Talos Production, Inc. 9.375% 2/1/2031 <sup>(a)</sup>  | 30005 | 30658 |
| Targa Resources Partners, LP 6.50% 7/15/2027  | 4322 | 4325 |
| Targa Resources Partners, LP 6.875% 1/15/2029  | 18530 | 18902 |
| Targa Resources Partners, LP 5.50% 3/1/2030  | 6906 | 7010 |
| Targa Resources Partners, LP 4.875% 2/1/2031  | 13835 | 13731 |

---

American High-Income Trust — Page 5 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Energy (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| TGS ASA 8.50% 1/15/2030 <sup>(a)</sup>  | USD17,220 | $17841 |
| Tidewater, Inc. 9.125% 7/15/2030 <sup>(a)</sup>  | 7200 | 7413 |
| Transocean Aquila, Ltd. 8.00% 9/30/2028 <sup>(a)</sup>  | 6001 | 6065 |
| Transocean Poseidon, Ltd. 6.875% 2/1/2027 <sup>(a)</sup>  | 7534 | 7551 |
| Transocean Titan Financing, Ltd. 8.375% 2/1/2028 <sup>(a)</sup>  | 25769 | 26195 |
| Transocean, Inc. 8.00% 2/1/2027 <sup>(a)</sup>  | 3515 | 3465 |
| Transocean, Inc. 8.25% 5/15/2029 <sup>(a)</sup>  | 6410 | 5931 |
| Transocean, Inc. 8.75% 2/15/2030 <sup>(a)</sup>  | 13025 | 13405 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(a)</sup>  | 14590 | 13036 |
| Transocean, Inc. 6.80% 3/15/2038  | 7850 | 5527 |
| USA Compression Partners, LP 6.875% 9/1/2027  | 4503 | 4515 |
| USA Compression Partners, LP 7.125% 3/15/2029 <sup>(a)</sup>  | 9195 | 9430 |
| Venture Global Calcasieu Pass, LLC 3.875% 8/15/2029 <sup>(a)</sup>  | 28325 | 26725 |
| Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 <sup>(a)</sup>  | 5504 | 5681 |
| Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 <sup>(a)</sup>  | 46065 | 42671 |
| Venture Global Calcasieu Pass, LLC 3.875% 11/1/2033 <sup>(a)</sup>  | 23430 | 20508 |
| Venture Global LNG, Inc. 8.125% 6/1/2028 <sup>(a)</sup>  | 21350 | 22080 |
| Venture Global LNG, Inc. 9.50% 2/1/2029 <sup>(a)</sup>  | 8775 | 9565 |
| Venture Global LNG, Inc. 7.00% 1/15/2030 <sup>(a)</sup>  | 17695 | 17904 |
| Venture Global LNG, Inc. 8.375% 6/1/2031 <sup>(a)</sup>  | 27575 | 28660 |
| Venture Global LNG, Inc. 9.875% 2/1/2032 <sup>(a)</sup>  | 11994 | 12961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Venture Global LNG, Inc. 9.00% junior subordinated perpetual preferred bonds (5-year UST Yield Curve <br>Rate T Note Constant Maturity + 5.44% on 9/30/2029) <sup>(a)(h)</sup>  | 10000 | 9731 |
| Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 <sup>(a)</sup>  | 28180 | 30195 |
| Venture Global Plaquemines LNG, LLC 6.50% 1/15/2034 <sup>(a)</sup>  | 45340 | 45340 |
| Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 <sup>(a)</sup>  | 25975 | 28139 |
| Venture Global Plaquemines LNG, LLC 6.75% 1/15/2036 <sup>(a)</sup>  | 45420 | 45420 |
| Vital Energy, Inc. 7.875% 4/15/2032 <sup>(a)</sup>  | 8350 | 7146 |
| Weatherford International, Ltd. 8.625% 4/30/2030 <sup>(a)</sup>  | 82236 | 84817 |
| Western Midstream Operating, LP 4.50% 3/1/2028  | 340 | 338 |
| Western Midstream Operating, LP 5.25% 2/1/2050  | 5500 | 4631 |
| Wildfire Intermediate Holdings, LLC 7.50% 10/15/2029 <sup>(a)</sup>  | 9530 | 9491 |
|  |  | 3076161 |
| **Financials 8.85%** |  |  |
| AG Issuer, LLC 6.25% 3/1/2028 <sup>(a)</sup>  | 37301 | 37331 |
| AG TTMT Escrow Issuer, LLC 8.625% 9/30/2027 <sup>(a)</sup>  | 10928 | 11324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alera Group Intermediate Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.25%) 7.574% <br>5/15/2032 <sup>(b)(c)</sup>  | 7000 | 7027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alera Group Intermediate Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.50%) 9.824% <br>5/15/2033 <sup>(b)(c)</sup>  | 30965 | 31617 |
| Alliant Holdings Intermediate, LLC 4.25% 10/15/2027 <sup>(a)</sup>  | 7920 | 7780 |
| Alliant Holdings Intermediate, LLC 6.75% 10/15/2027 <sup>(a)</sup>  | 34600 | 34651 |
| Alliant Holdings Intermediate, LLC 6.75% 4/15/2028 <sup>(a)</sup>  | 7130 | 7253 |
| Alliant Holdings Intermediate, LLC 5.875% 11/1/2029 <sup>(a)</sup>  | 32255 | 31819 |
| Alliant Holdings Intermediate, LLC 7.00% 1/15/2031 <sup>(a)</sup>  | 14420 | 14927 |
| Alliant Holdings Intermediate, LLC 6.50% 10/1/2031 <sup>(a)</sup>  | 23144 | 23603 |
| Alliant Holdings Intermediate, LLC 7.375% 10/1/2032 <sup>(a)</sup>  | 53160 | 54865 |
| AmWINS Group, Inc. 6.375% 2/15/2029 <sup>(a)</sup>  | 7835 | 7991 |
| AmWINS Group, Inc. 4.875% 6/30/2029 <sup>(a)</sup>  | 34762 | 33804 |
| Ardonagh Finco, Ltd. 7.75% 2/15/2031 <sup>(a)</sup>  | 24835 | 25983 |
| Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 <sup>(a)</sup>  | 43265 | 45562 |
| Aretec Group, Inc. 7.50% 4/1/2029 <sup>(a)</sup>  | 68455 | 69351 |
| Aretec Group, Inc. 10.00% 8/15/2030 <sup>(a)</sup>  | 18500 | 20353 |

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American High-Income Trust — Page 6 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Financials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| AssuredPartners, Inc. 5.625% 1/15/2029 <sup>(a)</sup>  | USD4,895 | $4885 |
| AssuredPartners, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.827% 2/14/2031 <sup>(b)(c)</sup>  | 10768 | 10808 |
| Blackstone Private Credit Fund 6.00% 11/22/2034  | 19315 | 18898 |
| Block, Inc. 2.75% 6/1/2026  | 32650 | 31987 |
| Block, Inc. 3.50% 6/1/2031  | 54415 | 49955 |
| Block, Inc. 6.50% 5/15/2032  | 41280 | 42617 |
| Blue Owl Capital Corp. 3.40% 7/15/2026  | 5685 | 5595 |
| Blue Owl Capital Corp. 2.625% 1/15/2027  | 400 | 386 |
| Blue Owl Capital Corp. 3.125% 4/13/2027  | 11350 | 10964 |
| Blue Owl Capital Corp. 2.875% 6/11/2028  | 1750 | 1631 |
| Blue Owl Credit Income Corp. 4.70% 2/8/2027  | 20625 | 20504 |
| Blue Owl Credit Income Corp. 6.65% 3/15/2031  | 8315 | 8556 |
| Boost Newco Borrower, LLC 7.50% 1/15/2031 <sup>(a)</sup>  | 40795 | 43333 |
| Brown & Brown, Inc. 5.25% 6/23/2032  | 389 | 397 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 584 | 596 |
| Brown & Brown, Inc. 6.25% 6/23/2055  | 693 | 715 |
| Coinbase Global, Inc. 3.375% 10/1/2028 <sup>(a)</sup>  | 82661 | 77559 |
| Coinbase Global, Inc. 3.625% 10/1/2031 <sup>(a)</sup>  | 57632 | 51361 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(a)</sup>  | 88221 | 79262 |
| Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 <sup>(a)</sup>  | 19455 | 16477 |
| Hightower Holding, LLC 6.75% 4/15/2029 <sup>(a)</sup>  | 26340 | 26273 |
| Hightower Holding, LLC 9.125% 1/31/2030 <sup>(a)</sup>  | 4400 | 4688 |
| Howden UK Refinance PLC 7.25% 2/15/2031 <sup>(a)</sup>  | 17230 | 17856 |
| Howden UK Refinance 2 PLC 8.125% 2/15/2032 <sup>(a)</sup>  | 7275 | 7602 |
| HUB International, Ltd. 5.625% 12/1/2029 <sup>(a)</sup>  | 7735 | 7742 |
| HUB International, Ltd. 7.25% 6/15/2030 <sup>(a)</sup>  | 18774 | 19633 |
| HUB International, Ltd. 7.375% 1/31/2032 <sup>(a)</sup>  | 19600 | 20520 |
| HUB International, Ltd., Term Loan, (3-month USD CME Term SOFR + 2.50%) 6.769% 6/20/2030 <sup>(b)(c)</sup>  | 6211 | 6235 |
| Intercontinental Exchange, Inc. 3.625% 9/1/2028  | 8470 | 8297 |
| Iron Mountain Information Management Services, Inc. 5.00% 7/15/2032 <sup>(a)</sup>  | 31600 | 30347 |
| Jane Street Group, LLC 6.75% 5/1/2033 <sup>(a)</sup>  | 26420 | 27182 |
| Jefferson Capital Holdings, LLC 8.25% 5/15/2030 <sup>(a)</sup>  | 20410 | 21164 |
| JPMorgan Chase & Co. 2.956% 5/13/2031 (USD-SOFR + 2.515% on 5/13/2030) <sup>(h)</sup>  | 3100 | 2867 |
| LPL Holdings, Inc. 4.625% 11/15/2027 <sup>(a)</sup>  | 8085 | 8072 |
| LPL Holdings, Inc. 4.00% 3/15/2029 <sup>(a)</sup>  | 6610 | 6423 |
| LPL Holdings, Inc. 4.375% 5/15/2031 <sup>(a)</sup>  | 12700 | 12157 |
| MPT Finance Corp. 7.00% 2/15/2032  | EUR17,250 | 20848 |
| MSCI, Inc. 4.00% 11/15/2029 <sup>(a)</sup>  | USD316 | 306 |
| MSCI, Inc. 3.625% 9/1/2030 <sup>(a)</sup>  | 742 | 696 |
| MSCI, Inc. 3.875% 2/15/2031 <sup>(a)</sup>  | 23300 | 21987 |
| MSCI, Inc. 3.625% 11/1/2031 <sup>(a)</sup>  | 7125 | 6570 |
| MSCI, Inc. 3.25% 8/15/2033 <sup>(a)</sup>  | 6000 | 5262 |
| Nationstar Mortgage Holdings, Inc. 7.125% 2/1/2032 <sup>(a)</sup>  | 8315 | 8642 |
| Navient Corp. 6.75% 6/15/2026  | 9100 | 9216 |
| Navient Corp. 5.00% 3/15/2027  | 39277 | 39145 |
| Navient Corp. 4.875% 3/15/2028  | 10570 | 10430 |
| Navient Corp. 5.50% 3/15/2029  | 86526 | 84802 |
| Navient Corp. 9.375% 7/25/2030  | 33134 | 36573 |
| Navient Corp. 11.50% 3/15/2031  | 51335 | 58202 |
| Navient Corp. 7.875% 6/15/2032  | 30340 | 31591 |
| Navient Corp. 5.625% 8/1/2033  | 54572 | 50227 |
| OneMain Finance Corp. 7.125% 3/15/2026  | 6311 | 6408 |
| OneMain Finance Corp. 3.875% 9/15/2028  | 3870 | 3714 |
| OneMain Finance Corp. 9.00% 1/15/2029  | 2530 | 2655 |

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American High-Income Trust — Page 7 of 29

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Financials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| OneMain Finance Corp. 6.625% 5/15/2029  | USD22,000 | $22623 |
| OneMain Finance Corp. 5.375% 11/15/2029  | 22500 | 22148 |
| OneMain Finance Corp. 7.875% 3/15/2030  | 20010 | 21276 |
| OneMain Finance Corp. 4.00% 9/15/2030  | 6000 | 5541 |
| OneMain Finance Corp. 7.50% 5/15/2031  | 3110 | 3252 |
| OneMain Finance Corp. 7.125% 11/15/2031  | 34815 | 36247 |
| OneMain Finance Corp. 7.125% 9/15/2032  | 29645 | 30728 |
| Osaic Financial Services, Inc. 6.50% 11/30/2027  | 80 | 1685 |
| Osaic Holdings, Inc. 10.75% 8/1/2027 <sup>(a)</sup>  | 85774 | 86035 |
| Osaic Holdings, Inc., Term Loan B4, (3-month USD CME Term SOFR + 3.50%) 7.827% 8/17/2028 <sup>(b)(c)</sup>  | 10404 | 10443 |
| Owl Rock Capital Corp. 3.75% 7/22/2025  | 1000 | 999 |
| Oxford Finance, LLC 6.375% 2/1/2027 <sup>(a)</sup>  | 31875 | 32073 |
| Panther Escrow Issuer, LLC 7.125% 6/1/2031 <sup>(a)</sup>  | 16400 | 17046 |
| PennyMac Financial Services, Inc. 6.875% 5/15/2032 <sup>(a)</sup>  | 10815 | 11065 |
| PennyMac Financial Services, Inc. 6.875% 2/15/2033 <sup>(a)</sup>  | 12725 | 13059 |
| Planet Financial Group, LLC 10.50% 12/15/2029 <sup>(a)</sup>  | 6025 | 6036 |
| Rocket Mortgage, LLC 2.875% 10/15/2026 <sup>(a)</sup>  | 9410 | 9184 |
| Rocket Mortgage, LLC 3.625% 3/1/2029 <sup>(a)</sup>  | 6605 | 6281 |
| Ryan Specialty, LLC 4.375% 2/1/2030 <sup>(a)</sup>  | 14350 | 13897 |
| Ryan Specialty, LLC 5.875% 8/1/2032 <sup>(a)</sup>  | 20285 | 20458 |
| SLM Corp. 6.50% 1/31/2030  | 16510 | 17342 |
| Starwood Property Trust, Inc. 4.375% 1/15/2027 <sup>(a)</sup>  | 18170 | 18013 |
| Starwood Property Trust, Inc. 7.25% 4/1/2029 <sup>(a)</sup>  | 12280 | 12932 |
| Starwood Property Trust, Inc. 6.50% 7/1/2030 <sup>(a)</sup>  | 12900 | 13333 |
| Starwood Property Trust, Inc. 6.50% 10/15/2030 <sup>(a)</sup>  | 9490 | 9822 |
| Truist Insurance Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.046% 5/6/2032 <sup>(b)(c)</sup>  | 64378 | 65303 |
| USI, Inc. 7.50% 1/15/2032 <sup>(a)</sup>  | 6945 | 7337 |
| Voyager Parent, LLC 9.25% 7/1/2032 <sup>(a)</sup>  | 80255 | 83550 |
| WEX, Inc. 6.50% 3/15/2033 <sup>(a)</sup>  | 13025 | 13149 |
|  |  | 2176916 |
| **Consumer discretionary 8.69%** |  |  |
| Advance Auto Parts, Inc. 5.95% 3/9/2028  | 26298 | 26922 |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | 33767 | 31665 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 28206 | 24719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 5.614%) 9.935% <br>3/11/2030 <sup>(b)(c)(f)(g)</sup>  | 13567 | 13567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 7.614%) 6.00% PIK and <br>5.947% Cash 3/11/2030 <sup>(b)(c)(d)(f)(g)</sup>  | 12417 | 12417 |
| Allied Universal Holdco, LLC 4.625% 6/1/2028 <sup>(a)</sup>  | 12030 | 11685 |
| Allied Universal Holdco, LLC 6.00% 6/1/2029 <sup>(a)</sup>  | 47280 | 46026 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(a)</sup>  | 33830 | 34321 |
| Allied Universal Holdco, LLC 7.875% 2/15/2031 <sup>(a)</sup>  | 11565 | 12092 |
| Allwyn Entertainment Financing (UK) PLC 7.875% 4/30/2029 <sup>(a)</sup>  | 43377 | 45289 |
| Asbury Automotive Group, Inc. 4.625% 11/15/2029 <sup>(a)</sup>  | 24710 | 23876 |
| Asbury Automotive Group, Inc. 5.00% 2/15/2032 <sup>(a)</sup>  | 12930 | 12311 |
| Bath & Body Works, Inc. 6.875% 11/1/2035  | 32943 | 34212 |
| Bath & Body Works, Inc. 6.75% 7/1/2036  | 20530 | 20899 |
| Belron Finance 2019, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.049% 10/16/2031 <sup>(b)(c)</sup>  | 14347 | 14427 |
| Boyd Gaming Corp. 4.75% 12/1/2027  | 8389 | 8343 |
| Boyd Gaming Corp. 4.75% 6/15/2031 <sup>(a)</sup>  | 14975 | 14362 |
| Boyne USA, Inc. 4.75% 5/15/2029 <sup>(a)</sup>  | 12285 | 11928 |
| Caesars Entertainment, Inc. 8.125% 7/1/2027 <sup>(a)</sup>  | 3891 | 3895 |
| Caesars Entertainment, Inc. 4.625% 10/15/2029 <sup>(a)</sup>  | 28715 | 27428 |

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Consumer discretionary (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Caesars Entertainment, Inc. 7.00% 2/15/2030 <sup>(a)</sup>  | USD50,390 | $52214 |
| Caesars Entertainment, Inc. 6.50% 2/15/2032 <sup>(a)</sup>  | 52487 | 53891 |
| Carnival Corp. 5.75% 3/1/2027 <sup>(a)</sup>  | 14250 | 14377 |
| Carnival Corp. 4.00% 8/1/2028 <sup>(a)</sup>  | 18085 | 17712 |
| Carnival Corp. 6.00% 5/1/2029 <sup>(a)</sup>  | 11137 | 11260 |
| Carnival Corp. 7.00% 8/15/2029 <sup>(a)</sup>  | 10030 | 10572 |
| Carnival Corp. 6.125% 2/15/2033 <sup>(a)</sup>  | 90995 | 93159 |
| Clarios Global, LP 8.50% 5/15/2027 <sup>(a)</sup>  | 6825 | 6868 |
| Cougar JV Subsidiary, LLC 8.00% 5/15/2032 <sup>(a)</sup>  | 33855 | 36120 |
| Fertitta Entertainment, LLC 4.625% 1/15/2029 <sup>(a)</sup>  | 37240 | 35692 |
| Fertitta Entertainment, LLC 6.75% 1/15/2030 <sup>(a)</sup>  | 57123 | 52759 |
| First Student Bidco, Inc. 4.00% 7/31/2029 <sup>(a)</sup>  | 23135 | 21764 |
| First Student Bidco, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.796% 7/21/2028 <sup>(b)(c)</sup>  | 5645 | 5654 |
| First Student Bidco, Inc., Term Loan C, (3-month USD CME Term SOFR + 2.50%) 6.796% 7/21/2028 <sup>(b)(c)</sup>  | 1671 | 1674 |
| Ford Motor Co. 3.25% 2/12/2032  | 12250 | 10333 |
| Ford Motor Credit Co., LLC 3.375% 11/13/2025  | 11000 | 10928 |
| Ford Motor Credit Co., LLC 7.35% 11/4/2027  | 1690 | 1756 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 1663 | 1680 |
| Ford Motor Credit Co., LLC 5.80% 3/8/2029  | 1760 | 1764 |
| Ford Motor Credit Co., LLC 5.875% 11/7/2029  | 5475 | 5493 |
| Ford Motor Credit Co., LLC 7.20% 6/10/2030  | 4060 | 4274 |
| Ford Motor Credit Co., LLC 4.00% 11/13/2030  | 10945 | 9996 |
| Ford Motor Credit Co., LLC 6.532% 3/19/2032  | 13540 | 13755 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 3225 | 3349 |
| Ford Otomotiv Sanayi AS 7.125% 4/25/2029 <sup>(a)</sup>  | 1255 | 1259 |
| Gap, Inc. 3.625% 10/1/2029 <sup>(a)</sup>  | 3225 | 2999 |
| Gap, Inc. 3.875% 10/1/2031 <sup>(a)</sup>  | 2148 | 1931 |
| General Motors Financial Co., Inc. 5.90% 1/7/2035  | 12850 | 12926 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(a)</sup>  | 28940 | 30047 |
| Global Auto Holdings PLC 11.50% 8/15/2029 <sup>(a)</sup>  | 12970 | 12704 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(a)</sup>  | 43396 | 42507 |
| Hanesbrands, Inc. 9.00% 2/15/2031 <sup>(a)</sup>  | 54567 | 57826 |
| Hanesbrands, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.077% 3/7/2032 <sup>(b)(c)</sup>  | 26178 | 26260 |
| Hilton Domestic Operating Co., Inc. 4.875% 1/15/2030  | 8287 | 8255 |
| Hilton Domestic Operating Co., Inc. 4.00% 5/1/2031 <sup>(a)</sup>  | 20465 | 19254 |
| Hilton Grand Vacations Borrower, LLC 5.00% 6/1/2029 <sup>(a)</sup>  | 10880 | 10472 |
| Hyatt Hotels Corp. 5.75% 3/30/2032  | 6572 | 6750 |
| International Game Technology PLC 4.125% 4/15/2026 <sup>(a)</sup>  | 6110 | 6110 |
| International Game Technology PLC 5.25% 1/15/2029 <sup>(a)</sup>  | 34522 | 34234 |
| KB Home 6.875% 6/15/2027  | 6170 | 6360 |
| KB Home 7.25% 7/15/2030  | 6770 | 7013 |
| Kohl's Corp. 5.125% 5/1/2031 <sup>(h)</sup>  | 2220 | 1605 |
| Kontoor Brands, Inc. 4.125% 11/15/2029 <sup>(a)</sup>  | 6770 | 6369 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(a)</sup>  | 74054 | 72075 |
| LCM Investments Holdings II, LLC 8.25% 8/1/2031 <sup>(a)</sup>  | 40135 | 42704 |
| Levi Strauss & Co. 3.50% 3/1/2031 <sup>(a)</sup>  | 23585 | 21605 |
| Light and Wonder International, Inc. 7.00% 5/15/2028 <sup>(a)</sup>  | 16357 | 16415 |
| Light and Wonder International, Inc. 7.25% 11/15/2029 <sup>(a)</sup>  | 7800 | 8041 |
| Light and Wonder International, Inc. 7.50% 9/1/2031 <sup>(a)</sup>  | 6245 | 6539 |
| Lindblad Expeditions, LLC 6.75% 2/15/2027 <sup>(a)</sup>  | 4075 | 4102 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(a)</sup>  | 29794 | 28438 |
| Lithia Motors, Inc. 4.375% 1/15/2031 <sup>(a)</sup>  | 17130 | 16300 |
| M.D.C. Holdings, Inc. 6.00% 1/15/2043  | 16252 | 14717 |
| Macy's Retail Holdings, LLC 5.875% 4/1/2029 <sup>(a)</sup>  | 1810 | 1793 |

---

American High-Income Trust — Page 9 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Consumer discretionary (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Macy's Retail Holdings, LLC 6.125% 3/15/2032 <sup>(a)</sup>  | USD1,230 | $1174 |
| Marriott Ownership Resorts, Inc. 4.75% 1/15/2028  | 1500 | 1469 |
| Marriott Ownership Resorts, Inc. 4.50% 6/15/2029 <sup>(a)</sup>  | 10220 | 9822 |
| Melco Resorts Finance, Ltd. 5.75% 7/21/2028 <sup>(a)</sup>  | 8910 | 8727 |
| Mercury Aggregator, LP, Term Loan 2, 3.50% 4/3/2026 <sup>(b)(f)</sup>  | 1739 | 664 |
| Mercury Aggregator, LP, Term Loan, 13.50% 4/3/2026 (16.00% on 8/3/2025) <sup>(b)(f)(h)</sup>  | 3042 | 1162 |
| MGM Resorts International 5.50% 4/15/2027  | 5707 | 5741 |
| NCL Corp., Ltd. 5.875% 2/15/2027 <sup>(a)</sup>  | 12465 | 12526 |
| Newell Brands, Inc. 8.50% 6/1/2028 <sup>(a)</sup>  | 14415 | 15175 |
| Newell Brands, Inc. 6.625% 9/15/2029  | 9500 | 9422 |
| Newell Brands, Inc. 6.375% 5/15/2030  | 19060 | 18590 |
| Newell Brands, Inc. 6.625% 5/15/2032  | 10575 | 10115 |
| Newell Brands, Inc. 6.875% 4/1/2036  | 8625 | 8279 |
| Newell Brands, Inc. 7.00% 4/1/2046  | 4050 | 3466 |
| Nissan Motor Acceptance Co., LLC 1.85% 9/16/2026 <sup>(a)</sup>  | 2680 | 2558 |
| Nissan Motor Co., Ltd. 3.522% 9/17/2025 <sup>(a)</sup>  | 1600 | 1591 |
| Party City Holdings, Inc. 0% 10/12/2028 <sup>(f)(g)(i)</sup>  | 9100 | — <br><sup>(j)</sup><br>|
| Party City Holdings, Inc. 0% 10/12/2028 <sup>(f)(g)(i)</sup>  | 5000 | — <br><sup>(j)</sup><br>|
| Party City Holdco, Inc. 12.00% PIK 1/11/2029 <sup>(a)(d)(e)(f)(g)</sup>  | 50308 | 5031 |
| Penske Automotive Group, Inc. 3.75% 6/15/2029  | 6325 | 6005 |
| Petco Health and Wellness Co., Inc., Term Loan B, (3-month USD CME Term SOFR + 3.25%) 7.807% 3/3/2028 <sup>(b)(c)</sup>  | 22825 | 21113 |
| RHP Hotel Properties, LP 7.25% 7/15/2028 <sup>(a)</sup>  | 8782 | 9096 |
| RHP Hotel Properties, LP 4.50% 2/15/2029 <sup>(a)</sup>  | 15140 | 14809 |
| RHP Hotel Properties, LP 6.50% 6/15/2033 <sup>(a)</sup>  | 18230 | 18765 |
| Royal Caribbean Cruises, Ltd. 4.25% 7/1/2026 <sup>(a)</sup>  | 4000 | 3982 |
| Royal Caribbean Cruises, Ltd. 5.375% 7/15/2027 <sup>(a)</sup>  | 3580 | 3603 |
| Royal Caribbean Cruises, Ltd. 5.50% 4/1/2028 <sup>(a)</sup>  | 23325 | 23630 |
| Royal Caribbean Cruises, Ltd. 6.25% 3/15/2032 <sup>(a)</sup>  | 13620 | 14008 |
| Royal Caribbean Cruises, Ltd. 6.00% 2/1/2033 <sup>(a)</sup>  | 12375 | 12621 |
| Sally Holdings, LLC 6.75% 3/1/2032  | 58917 | 60536 |
| Scientific Games Holdings, LP 6.625% 3/1/2030 <sup>(a)</sup>  | 17270 | 16657 |
| Scientific Games Holdings, LP, Term Loan, (3-month USD CME Term SOFR + 3.00%) 7.285% 4/4/2029 <sup>(b)(c)</sup>  | 31348 | 31344 |
| Service Corp. International 4.625% 12/15/2027  | 9870 | 9816 |
| Service Corp. International 5.125% 6/1/2029  | 1820 | 1817 |
| Service Corp. International 3.375% 8/15/2030  | 4675 | 4300 |
| Service Corp. International 4.00% 5/15/2031  | 10150 | 9504 |
| Service Corp. International 5.75% 10/15/2032  | 8410 | 8506 |
| Somnigroup International, Inc. 4.00% 4/15/2029 <sup>(a)</sup>  | 5255 | 5030 |
| Sonic Automotive, Inc. 4.625% 11/15/2029 <sup>(a)</sup>  | 38415 | 37300 |
| Sonic Automotive, Inc. 4.875% 11/15/2031 <sup>(a)</sup>  | 63209 | 60118 |
| Station Casinos LLC 4.50% 2/15/2028 <sup>(a)</sup>  | 1100 | 1079 |
| Station Casinos, LLC 6.625% 3/15/2032 <sup>(a)</sup>  | 8130 | 8318 |
| Travel + Leisure Co. 4.50% 12/1/2029 <sup>(a)</sup>  | 24455 | 23651 |
| Travel + Leisure Co. 4.625% 3/1/2030 <sup>(a)</sup>  | 4780 | 4586 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(a)</sup>  | 53090 | 51927 |
| Vail Resorts, Inc. 5.625% 7/15/2030 <sup>(a)</sup>  | 7755 | 7784 |
| Vail Resorts, Inc. 6.50% 5/15/2032 <sup>(a)</sup>  | 13295 | 13745 |
| Valvoline, Inc. 3.625% 6/15/2031 <sup>(a)</sup>  | 13085 | 11859 |
| Voyager Parent, LLC, Term Loan B, (1-month USD CME Term SOFR + 4.75%) 9.083% 5/10/2032 <sup>(b)(c)</sup>  | 9875 | 9784 |
| Wand NewCo 3, Inc. 7.625% 1/30/2032 <sup>(a)</sup>  | 570 | 600 |
| WASH Multifamily Acquisition, Inc. 5.75% 4/15/2026 <sup>(a)</sup>  | 13300 | 13262 |
| Wyndham Hotels & Resorts, Inc. 4.375% 8/15/2028 <sup>(a)</sup>  | 11825 | 11575 |
| Wynn Resorts Finance, LLC 5.125% 10/1/2029 <sup>(a)</sup>  | 9225 | 9165 |
| Wynn Resorts Finance, LLC 7.125% 2/15/2031 <sup>(a)</sup>  | 10396 | 11093 |

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American High-Income Trust — Page 10 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Consumer discretionary (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Wynn Resorts Finance, LLC 6.25% 3/15/2033 <sup>(a)</sup>  | USD31,500 | $31722 |
| ZF North America Capital, Inc. 7.125% 4/14/2030 <sup>(a)</sup>  | 4500 | 4405 |
|  |  | 2137665 |
| **Health care 8.06%** |  |  |
| 1261229 B.C., Ltd. 10.00% 4/15/2032 <sup>(a)</sup>  | 43915 | 44332 |
| AdaptHealth, LLC 6.125% 8/1/2028 <sup>(a)</sup>  | 8480 | 8501 |
| AdaptHealth, LLC 4.625% 8/1/2029 <sup>(a)</sup>  | 23470 | 22139 |
| AdaptHealth, LLC 5.125% 3/1/2030 <sup>(a)</sup>  | 33045 | 31429 |
| AthenaHealth Group, Inc. 6.50% 2/15/2030 <sup>(a)</sup>  | 22375 | 22044 |
| Avantor Funding, Inc. 4.625% 7/15/2028 <sup>(a)</sup>  | 47034 | 46219 |
| Avantor Funding, Inc. 3.875% 11/1/2029 <sup>(a)</sup>  | 12375 | 11726 |
| Bausch + Lomb Corp. 8.375% 10/1/2028 <sup>(a)</sup>  | 1750 | 1829 |
| Bausch + Lomb Corp., Term Loan B, (USD-SOFR + 4.25%) 8.564% 12/18/2030 <sup>(b)(c)</sup>  | 9460 | 9483 |
| Bausch Health Americas, Inc. 9.25% 4/1/2026 <sup>(a)</sup>  | 19275 | 19243 |
| Bausch Health Americas, Inc. 8.50% 1/31/2027 <sup>(a)</sup>  | 29942 | 28539 |
| Bausch Health Cos., Inc. 5.00% 1/30/2028 <sup>(a)</sup>  | 5310 | 4377 |
| Bausch Health Cos., Inc. 4.875% 6/1/2028 <sup>(a)</sup>  | 14700 | 12412 |
| Bausch Health Cos., Inc. 11.00% 9/30/2028 <sup>(a)</sup>  | 12950 | 12830 |
| Bausch Health Cos., Inc. 5.25% 1/30/2030 <sup>(a)</sup>  | 22142 | 14040 |
| Bausch Health Cos., Inc. 5.25% 2/15/2031 <sup>(a)</sup>  | 50928 | 30088 |
| Biocon Biologics Global PLC 6.67% 10/9/2029  | 1800 | 1711 |
| Centene Corp. 4.25% 12/15/2027  | 1810 | 1784 |
| Centene Corp. 4.625% 12/15/2029  | 14718 | 14325 |
| Centene Corp. 3.375% 2/15/2030  | 200 | 184 |
| Centene Corp. 3.00% 10/15/2030  | 7575 | 6773 |
| Centene Corp. 2.50% 3/1/2031  | 20325 | 17513 |
| Centene Corp. 2.625% 8/1/2031  | 12700 | 10890 |
| Charles River Laboratories International, Inc. 4.25% 5/1/2028 <sup>(a)</sup>  | 4848 | 4707 |
| Charles River Laboratories International, Inc. 3.75% 3/15/2029 <sup>(a)</sup>  | 9670 | 9085 |
| CHS / Community Health Systems, Inc. 5.625% 3/15/2027 <sup>(a)</sup>  | 40955 | 40366 |
| CHS / Community Health Systems, Inc. 6.00% 1/15/2029 <sup>(a)</sup>  | 19850 | 19109 |
| CHS / Community Health Systems, Inc. 5.25% 5/15/2030 <sup>(a)</sup>  | 40115 | 35610 |
| CHS / Community Health Systems, Inc. 4.75% 2/15/2031 <sup>(a)</sup>  | 21500 | 18398 |
| CHS / Community Health Systems, Inc. 10.875% 1/15/2032 <sup>(a)</sup>  | 4440 | 4711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CVS Health Corp., junior subordinated, 6.75% 12/10/2054 (5-year UST Yield Curve Rate T Note Constant Maturity <br> + 2.516% on 12/10/2034) <sup>(h)</sup>  | 5000 | 5023 |
| DaVita, Inc. 4.625% 6/1/2030 <sup>(a)</sup>  | 24552 | 23540 |
| DaVita, Inc. 3.75% 2/15/2031 <sup>(a)</sup>  | 21480 | 19551 |
| DaVita, Inc. 6.875% 9/1/2032 <sup>(a)</sup>  | 54476 | 56481 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(a)</sup>  | 49870 | 51527 |
| Encompass Health Corp. 4.50% 2/1/2028  | 7054 | 6995 |
| Encompass Health Corp. 4.75% 2/1/2030  | 3841 | 3795 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(a)</sup>  | 54680 | 57950 |
| Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.00%) 8.327% 4/23/2031 <sup>(b)(c)</sup>  | 40231 | 40250 |
| Fortrea Holdings, Inc. 7.50% 7/1/2030 <sup>(a)</sup>  | 795 | 721 |
| Fortrea Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 8.077% 7/1/2030 <sup>(b)(c)</sup>  | 1139 | 1017 |
| Grifols SA 3.875% 10/15/2028  | EUR7,750 | 8756 |
| Grifols SA 4.75% 10/15/2028 <sup>(a)</sup>  | USD47,400 | 45597 |
| Grifols SA 7.50% 5/1/2030  | EUR25,775 | 31837 |
| HCA, Inc. 4.50% 2/15/2027  | USD71 | 71 |
| HCA, Inc. 5.625% 9/1/2028  | 8064 | 8304 |
| HCA, Inc. 3.50% 9/1/2030  | 3940 | 3727 |
| HCA, Inc. 7.50% 11/15/2095  | 5000 | 5446 |

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American High-Income Trust — Page 11 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Health care (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Insulet Corp. 6.50% 4/1/2033 <sup>(a)</sup>  | USD8,177 | $8531 |
| IQVIA, Inc. 5.00% 10/15/2026 <sup>(a)</sup>  | 18749 | 18742 |
| IQVIA, Inc. 6.50% 5/15/2030 <sup>(a)</sup>  | 15500 | 15991 |
| IQVIA, Inc. 6.25% 6/1/2032 <sup>(a)</sup>  | 29585 | 30398 |
| Jazz Securities DAC 4.375% 1/15/2029 <sup>(a)</sup>  | 16210 | 15669 |
| Mallinckrodt International Finance SA 14.75% 11/14/2028 <sup>(a)</sup>  | 3018 | 3127 |
| Medline Borrower, LP 3.875% 4/1/2029 <sup>(a)</sup>  | 18275 | 17543 |
| Medline Borrower, LP 6.25% 4/1/2029 <sup>(a)</sup>  | 51473 | 52942 |
| Medline Borrower, LP 5.25% 10/1/2029 <sup>(a)</sup>  | 37240 | 36977 |
| Medline Borrower, LP, Term Loan, (3-month USD CME Term SOFR + 2.25%) 6.577% 10/23/2028 <sup>(b)(c)</sup>  | 10076 | 10088 |
| Molina Healthcare, Inc. 4.375% 6/15/2028 <sup>(a)</sup>  | 21845 | 21367 |
| Molina Healthcare, Inc. 3.875% 11/15/2030 <sup>(a)</sup>  | 47455 | 44169 |
| Molina Healthcare, Inc. 3.875% 5/15/2032 <sup>(a)</sup>  | 57925 | 52764 |
| Molina Healthcare, Inc. 6.25% 1/15/2033 <sup>(a)</sup>  | 34160 | 34793 |
| Option Care Health, Inc. 4.375% 10/31/2029 <sup>(a)</sup>  | 4125 | 3973 |
| Owens & Minor, Inc. 4.50% 3/31/2029 <sup>(a)</sup>  | 42306 | 37960 |
| Owens & Minor, Inc. 6.625% 4/1/2030 <sup>(a)</sup>  | 116725 | 109754 |
| Perrigo Finance Unlimited Co. 6.125% 9/30/2032  | 9740 | 9840 |
| Radiology Partners, Inc. 9.781% PIK 2/15/2030 <sup>(a)(d)</sup>  | 55098 | 54203 |
| Radiology Partners, Inc. 8.50% 7/15/2032 <sup>(a)</sup>  | 71230 | 71485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Radiology Partners, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.50%) 1.50% PIK and 6.591% Cash <br> 1/31/2029 <sup>(b)(c)(d)</sup>  | 40273 | 40187 |
| Star Parent, Inc., Term Loan, (3-month USD CME Term SOFR + 4.00%) 8.296% 9/27/2030 <sup>(b)(c)</sup>  | 7480 | 7414 |
| Sterigenics-Nordion Holdings, LLC 7.375% 6/1/2031 <sup>(a)</sup>  | 11495 | 11974 |
| Surgery Center Holdings, Inc. 7.25% 4/15/2032 <sup>(a)</sup>  | 13785 | 14064 |
| Team Health Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.53% 3/2/2027 <sup>(b)(c)</sup>  | 1026 | 1022 |
| Tenet Healthcare Corp. 6.25% 2/1/2027  | 4570 | 4573 |
| Tenet Healthcare Corp. 5.125% 11/1/2027  | 6670 | 6664 |
| Tenet Healthcare Corp. 4.625% 6/15/2028  | 12685 | 12535 |
| Tenet Healthcare Corp. 6.125% 10/1/2028  | 8930 | 8948 |
| Tenet Healthcare Corp. 4.25% 6/1/2029  | 35249 | 34212 |
| Tenet Healthcare Corp. 4.375% 1/15/2030  | 15750 | 15258 |
| Tenet Healthcare Corp. 6.75% 5/15/2031  | 27065 | 28019 |
| Tenet Healthcare Corp. 6.875% 11/15/2031  | 2000 | 2152 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026  | 5863 | 5753 |
| Teva Pharmaceutical Finance Netherlands III BV 4.75% 5/9/2027  | 8410 | 8406 |
| Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028  | 18740 | 19474 |
| Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029  | 139186 | 140092 |
| Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029  | 15340 | 16753 |
| Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031  | 24032 | 27243 |
| Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032  | 19740 | 20176 |
| Teva Pharmaceutical Finance Netherlands III BV 4.10% 10/1/2046  | 24137 | 17385 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 14990 | 15268 |
|  |  | 1982873 |
| **Materials 7.90%** |  |  |
| Alliance Resource Operating Partners, LP 8.625% 6/15/2029 <sup>(a)</sup>  | 19091 | 20303 |
| ArcelorMittal SA 4.25% 7/16/2029  | 940 | 929 |
| ArcelorMittal SA 7.00% 10/15/2039  | 10104 | 11202 |
| ArcelorMittal SA 6.75% 3/1/2041  | 16873 | 17800 |
| ARD Finance SA 7.25% PIK 6/30/2027 <sup>(a)(d)</sup>  | 9128 | 434 |
| Ardagh Metal Packaging Finance PLC 4.00% 9/1/2029 <sup>(a)</sup>  | 15000 | 13707 |
| Avient Corp. 7.125% 8/1/2030 <sup>(a)</sup>  | 6750 | 6967 |
| Avient Corp. 6.25% 11/1/2031 <sup>(a)</sup>  | 5495 | 5550 |

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American High-Income Trust — Page 12 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Materials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/2031 <sup>(a)</sup>  | USD5,995 | $6328 |
| Axalta Coating Systems, LLC 4.75% 6/15/2027 <sup>(a)</sup>  | 6495 | 6460 |
| Ball Corp. 6.875% 3/15/2028  | 11915 | 12201 |
| Ball Corp. 6.00% 6/15/2029  | 7100 | 7288 |
| Ball Corp. 2.875% 8/15/2030  | 3250 | 2932 |
| Ball Corp. 3.125% 9/15/2031  | 33780 | 30336 |
| CAN-PACK Spolka Akcyjna 3.875% 11/15/2029 <sup>(a)</sup>  | 39769 | 37282 |
| Capstone Copper Corp. 6.75% 3/31/2033 <sup>(a)</sup>  | 5775 | 5917 |
| Celanese US Holdings, LLC 6.415% 7/15/2027  | 1120 | 1161 |
| Celanese US Holdings, LLC 6.50% 4/15/2030  | 8040 | 8235 |
| Celanese US Holdings, LLC 7.05% 11/15/2030  | 6425 | 6767 |
| Celanese US Holdings, LLC 6.75% 4/15/2033  | 33445 | 33819 |
| Celanese US Holdings, LLC 7.20% 11/15/2033  | 1690 | 1795 |
| Cleveland-Cliffs, Inc. 7.00% 3/15/2027  | 3853 | 3857 |
| Cleveland-Cliffs, Inc. 5.875% 6/1/2027  | 46730 | 46722 |
| Cleveland-Cliffs, Inc. 4.625% 3/1/2029 <sup>(a)</sup>  | 56668 | 52093 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(a)</sup>  | 57122 | 56290 |
| Cleveland-Cliffs, Inc. 6.75% 4/15/2030 <sup>(a)</sup>  | 22369 | 21658 |
| Cleveland-Cliffs, Inc. 4.875% 3/1/2031 <sup>(a)</sup>  | 42269 | 36198 |
| Cleveland-Cliffs, Inc. 7.50% 9/15/2031 <sup>(a)</sup>  | 48060 | 46392 |
| Cleveland-Cliffs, Inc. 7.00% 3/15/2032 <sup>(a)</sup>  | 34683 | 32738 |
| Cleveland-Cliffs, Inc. 7.375% 5/1/2033 <sup>(a)</sup>  | 6155 | 5783 |
| Consolidated Energy Finance SA 6.50% 5/15/2026 <sup>(a)</sup>  | 10513 | 10215 |
| Consolidated Energy Finance SA 5.625% 10/15/2028 <sup>(a)</sup>  | 19525 | 16836 |
| Consolidated Energy Finance SA 12.00% 2/15/2031 <sup>(a)</sup>  | 70555 | 69291 |
| Crown Cork & Seal Co., Inc. 7.375% 12/15/2026  | 2000 | 2079 |
| CSN Islands XI Corp. 6.75% 1/28/2028 <sup>(a)</sup>  | 2820 | 2668 |
| CVR Partners, LP 6.125% 6/15/2028 <sup>(a)</sup>  | 15385 | 15421 |
| Element Solutions, Inc. 3.875% 9/1/2028 <sup>(a)</sup>  | 8300 | 8055 |
| First Quantum Minerals, Ltd. 6.875% 10/15/2027 <sup>(a)</sup>  | 40759 | 40845 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(a)</sup>  | 122425 | 130088 |
| First Quantum Minerals, Ltd. 8.00% 3/1/2033 <sup>(a)</sup>  | 15050 | 15455 |
| Freeport-McMoRan, Inc. 4.25% 3/1/2030  | 303 | 297 |
| Freeport-McMoRan, Inc. 5.40% 11/14/2034  | 4288 | 4358 |
| Freeport-McMoRan, Inc. 5.45% 3/15/2043  | 7843 | 7417 |
| FXI Holdings, Inc. 12.25% 11/15/2026 <sup>(a)</sup>  | 198104 | 174559 |
| FXI Holdings, Inc. 12.25% 11/15/2026 <sup>(a)</sup>  | 140826 | 124666 |
| Glatfelter Corp., Term Loan B, (3-month USD CME Term SOFR + 4.25%) 8.583% 11/4/2031 <sup>(b)(c)</sup>  | 10826 | 10650 |
| INEOS Finance PLC 6.75% 5/15/2028 <sup>(a)</sup>  | 10200 | 10140 |
| INEOS Finance PLC 7.50% 4/15/2029 <sup>(a)</sup>  | 6210 | 6231 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(a)</sup>  | 12520 | 12637 |
| JH North America Holdings, Inc. 6.125% 7/31/2032 <sup>(a)</sup>  | 19785 | 20126 |
| Kaiser Aluminum Corp. 4.625% 3/1/2028 <sup>(a)</sup>  | 12698 | 12432 |
| LABL, Inc. 10.50% 7/15/2027 <sup>(a)</sup>  | 6375 | 6105 |
| LSB Industries, Inc. 6.25% 10/15/2028 <sup>(a)</sup>  | 2735 | 2717 |
| Magnera Corp. 4.75% 11/15/2029 <sup>(a)</sup>  | 20000 | 17693 |
| Magnera Corp. 7.25% 11/15/2031 <sup>(a)</sup>  | 13000 | 12269 |
| Mauser Packaging Solutions Holding Co. 7.875% 8/15/2026 <sup>(a)</sup>  | 13505 | 13527 |
| Mauser Packaging Solutions Holding Co. 9.25% 4/15/2027 <sup>(a)</sup>  | 10000 | 9937 |
| Methanex Corp. 5.125% 10/15/2027  | 52210 | 52068 |
| Methanex Corp. 5.25% 12/15/2029  | 18118 | 17911 |
| Methanex Corp. 5.65% 12/1/2044  | 9445 | 7513 |
| Methanex US Operations, Inc. 6.25% 3/15/2032 <sup>(a)</sup>  | 16510 | 16473 |
| Minera Mexico SA de CV, 5.625% 2/12/2032 <sup>(a)</sup>  | 2205 | 2245 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Materials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Mineral Resources, Ltd. 8.125% 5/1/2027 <sup>(a)</sup>  | USD14,463 | $14466 |
| Mineral Resources, Ltd. 8.00% 11/1/2027 <sup>(a)</sup>  | 46057 | 46305 |
| Mineral Resources, Ltd. 9.25% 10/1/2028 <sup>(a)</sup>  | 44527 | 45625 |
| Mineral Resources, Ltd. 8.50% 5/1/2030 <sup>(a)</sup>  | 16429 | 16361 |
| NOVA Chemicals Corp. 5.25% 6/1/2027 <sup>(a)</sup>  | 24402 | 24290 |
| NOVA Chemicals Corp. 8.50% 11/15/2028 <sup>(a)</sup>  | 5030 | 5319 |
| NOVA Chemicals Corp. 4.25% 5/15/2029 <sup>(a)</sup>  | 34367 | 33075 |
| NOVA Chemicals Corp. 9.00% 2/15/2030 <sup>(a)</sup>  | 30560 | 33042 |
| NOVA Chemicals Corp. 7.00% 12/1/2031 <sup>(a)</sup>  | 16170 | 16953 |
| Novelis Corp. 3.25% 11/15/2026 <sup>(a)</sup>  | 6750 | 6646 |
| Novelis Corp. 3.875% 8/15/2031 <sup>(a)</sup>  | 7345 | 6606 |
| Olin Corp. 5.625% 8/1/2029  | 5700 | 5660 |
| Olin Corp. 5.00% 2/1/2030  | 3365 | 3249 |
| Olin Corp. 6.625% 4/1/2033 <sup>(a)</sup>  | 1810 | 1784 |
| Quikrete Holdings, Inc. 6.375% 3/1/2032 <sup>(a)</sup>  | 20405 | 20996 |
| Quikrete Holdings, Inc. 6.75% 3/1/2033 <sup>(a)</sup>  | 26310 | 27164 |
| Quikrete Holdings, Inc., Term Loan B3, (3-month USD CME Term SOFR + 2.25%) 6.577% 2/10/2032 <sup>(b)(c)</sup>  | 4170 | 4169 |
| Samarco Mineracao SA 9.00% PIK 6/30/2031 (5.00% PIK and 4.00% Cash on 12/30/2025) <sup>(a)(d)(h)</sup>  | 28246 | 27785 |
| Samarco Mineracao SA 9.00% 6/30/2031 (5.00% PIK and 4.00% Cash on 12/30/2025) <sup>(d)(h)</sup>  | 11245 | 11062 |
| SCIH Salt Holdings, Inc. 4.875% 5/1/2028 <sup>(a)</sup>  | 41413 | 40374 |
| SCIH Salt Holdings, Inc. 6.625% 5/1/2029 <sup>(a)</sup>  | 16950 | 16586 |
| Sealed Air Corp. 4.00% 12/1/2027 <sup>(a)</sup>  | 7559 | 7383 |
| Sealed Air Corp. 6.125% 2/1/2028 <sup>(a)</sup>  | 14160 | 14376 |
| Trident TPI Holdings, Inc. 12.75% 12/31/2028 <sup>(a)</sup>  | 9500 | 10089 |
| Trivium Packaging Finance BV 8.25% 7/15/2030 <sup>(a)</sup>  | 15120 | 16001 |
| Trivium Packaging Finance BV 12.25% 1/15/2031 <sup>(a)</sup>  | 22395 | 24023 |
| Tronox, Inc. 4.625% 3/15/2029 <sup>(a)</sup>  | 14155 | 12227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 2.00%) 8.00% PIK and 6.308% Cash <br>1/16/2026 <sup>(b)(c)(d)(f)</sup>  | 11288 | 6209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 8.00%) 8.00% PIK and 6.329% Cash <br>7/16/2026 <sup>(b)(c)(d)(f)</sup>  | 11350 | 6242 |
| Venator Material, LLC, Term Loan, (USD-SOFR + 10.00%) 8.00% PIK and 6.302% Cash 10/12/2028 <sup>(b)(c)(d)(f)</sup>  | 18681 | 10275 |
| Verde Purchaser, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.00%) 8.296% 11/30/2030 <sup>(b)(c)</sup>  | 4756 | 4778 |
| Veritiv Operating Co. 10.50% 11/30/2030 <sup>(a)</sup>  | 17595 | 19068 |
| Warrior Met Coal, Inc. 7.875% 12/1/2028 <sup>(a)</sup>  | 13925 | 14219 |
|  |  | 1944475 |
| **Information technology 7.12%** |  |  |
| Acuris Finance US, Inc. 9.00% 8/1/2029 <sup>(a)</sup>  | 30950 | 31761 |
| ams-OSRAM AG 12.25% 3/30/2029 <sup>(a)</sup>  | 25200 | 26910 |
| Booz Allen Hamilton, Inc. 3.875% 9/1/2028 <sup>(a)</sup>  | 952 | 924 |
| Booz Allen Hamilton, Inc. 4.00% 7/1/2029 <sup>(a)</sup>  | 5633 | 5416 |
| Cloud Software Group, Inc. 6.50% 3/31/2029 <sup>(a)</sup>  | 43055 | 43484 |
| Cloud Software Group, Inc. 9.00% 9/30/2029 <sup>(a)</sup>  | 115658 | 119990 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(a)</sup>  | 43685 | 46531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Term Loan B1, (3-month USD CME Term SOFR + 3.50%) 7.796% <br>3/29/2029 <sup>(b)(c)</sup>  | 32789 | 32847 |
| CommScope Technologies, LLC 5.00% 3/15/2027 <sup>(a)</sup>  | 57230 | 55791 |
| CommScope, LLC 8.25% 3/1/2027 <sup>(a)</sup>  | 31179 | 31083 |
| CommScope, LLC 7.125% 7/1/2028 <sup>(a)</sup>  | 24218 | 23819 |
| CommScope, LLC 4.75% 9/1/2029 <sup>(a)</sup>  | 760 | 743 |
| CommScope, LLC 9.50% 12/15/2031 <sup>(a)</sup>  | 15400 | 16138 |
| Commscope, LLC, Term Loan, (3-month USD CME Term SOFR + 5.25%) 9.577% 12/17/2029 <sup>(b)(c)</sup>  | 16540 | 16769 |
| CoreWeave, Inc. 9.25% 6/1/2030 <sup>(a)</sup>  | 10600 | 10846 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Information technology (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(a)(g)</sup>  | USD144,735 | $153910 |
| Ellucian Holdings, Inc. 6.50% 12/1/2029 <sup>(a)</sup>  | 9555 | 9796 |
| Ellucian Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.077% 11/22/2032 <sup>(b)(c)</sup>  | 7525 | 7694 |
| Fair Isaac Corp. 4.00% 6/15/2028 <sup>(a)</sup>  | 51789 | 50448 |
| Fair Isaac Corp. 6.00% 5/15/2033 <sup>(a)</sup>  | 75860 | 76745 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 <sup>(b)(c)(k)</sup>  | 74049 | 74605 |
| Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 <sup>(b)(c)(k)</sup>  | 1544 | 1555 |
| Fortress Intermediate 3, Inc. 7.50% 6/1/2031 <sup>(a)</sup>  | 9875 | 10358 |
| Gartner, Inc. 4.50% 7/1/2028 <sup>(a)</sup>  | 14075 | 13938 |
| Gartner, Inc. 3.75% 10/1/2030 <sup>(a)</sup>  | 3000 | 2809 |
| Gen Digital, Inc. 6.25% 4/1/2033 <sup>(a)</sup>  | 17350 | 17859 |
| Helios Software Holdings, Inc. 8.75% 5/1/2029 <sup>(a)</sup>  | 92625 | 95359 |
| Hughes Satellite Systems Corp. 5.25% 8/1/2026  | 82408 | 73421 |
| Hughes Satellite Systems Corp. 6.625% 8/1/2026  | 67028 | 47787 |
| Imola Merger Corp. 4.75% 5/15/2029 <sup>(a)</sup>  | 5000 | 4831 |
| ION Trading Technologies SARL 9.50% 5/30/2029 <sup>(a)</sup>  | 63196 | 65218 |
| Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 3.25%) 7.577% 3/20/2032 <sup>(b)(c)</sup>  | 14838 | 14917 |
| Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.327% 3/20/2033 <sup>(b)(c)</sup>  | 21425 | 21492 |
| McAfee Corp. 7.375% 2/15/2030 <sup>(a)</sup>  | 6000 | 5672 |
| NCR Atleos Corp. 9.50% 4/1/2029 <sup>(a)</sup>  | 44430 | 48701 |
| NCR Voyix Corp. 5.125% 4/15/2029 <sup>(a)</sup>  | 6845 | 6748 |
| Open Text Corp. 3.875% 2/15/2028 <sup>(a)</sup>  | 14045 | 13634 |
| Open Text Corp. 3.875% 12/1/2029 <sup>(a)</sup>  | 8075 | 7614 |
| Shift4 Payments, LLC, 6.75% 8/15/2032 <sup>(a)</sup>  | 32895 | 34184 |
| Synaptics, Inc. 4.00% 6/15/2029 <sup>(a)</sup>  | 5225 | 4966 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(a)</sup>  | 33250 | 34520 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(a)</sup>  | 47972 | 49455 |
| Viasat, Inc. 5.625% 4/15/2027 <sup>(a)</sup>  | 136383 | 135935 |
| Viasat, Inc. 6.50% 7/15/2028 <sup>(a)</sup>  | 34211 | 32363 |
| Viasat, Inc. 7.50% 5/30/2031 <sup>(a)</sup>  | 59723 | 51793 |
| Viavi Solutions, Inc. 3.75% 10/1/2029 <sup>(a)</sup>  | 3750 | 3508 |
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/22/2026) <sup>(d)(h)(k)</sup>  | 61387 | 62097 |
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/23/2026) <sup>(d)(h)(k)</sup>  | 17092 | 17290 |
| X.Ai Corp. 12.50% 6/30/2030  | 11825 | 11825 |
| Xerox Holdings Corp. 5.50% 8/15/2028 <sup>(a)</sup>  | 28150 | 21545 |
| Xerox Holdings Corp. 8.875% 11/30/2029 <sup>(a)</sup>  | 6699 | 5065 |
| Ziff Davis, Inc. 4.625% 10/15/2030 <sup>(a)</sup>  | 339 | 317 |
|  |  | 1753026 |
| **Real estate 6.94%** |  |  |
| Anywhere Real Estate Group, LLC 5.75% 1/15/2029 <sup>(a)</sup>  | 45285 | 39769 |
| Anywhere Real Estate Group, LLC 5.25% 4/15/2030 <sup>(a)</sup>  | 40330 | 33089 |
| Anywhere Real Estate Group, LLC 7.00% 4/15/2030 <sup>(a)</sup>  | 10475 | 9796 |
| Brookfield Property REIT, Inc. 5.75% 5/15/2026 <sup>(a)</sup>  | 17857 | 17820 |
| Brookfield Property REIT, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.25%) 7.56% 5/30/2030 <sup>(b)(c)</sup>  | 6575 | 6577 |
| Fideicomiso Fibra Uno 7.70% 1/23/2032 <sup>(a)</sup>  | 9925 | 10355 |
| Forestar Group, Inc. 5.00% 3/1/2028 <sup>(a)</sup>  | 2905 | 2862 |
| Forestar Group, Inc. 6.50% 3/15/2033 <sup>(a)</sup>  | 47035 | 47425 |
| Howard Hughes Corp. (The) 5.375% 8/1/2028 <sup>(a)</sup>  | 30122 | 29919 |
| Howard Hughes Corp. (The) 4.125% 2/1/2029 <sup>(a)</sup>  | 48118 | 45858 |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(a)</sup>  | 92487 | 85413 |
| Iron Mountain, Inc. 4.875% 9/15/2027 <sup>(a)</sup>  | 15835 | 15756 |
| Iron Mountain, Inc. 5.25% 3/15/2028 <sup>(a)</sup>  | 24088 | 23999 |
| Iron Mountain, Inc. 5.00% 7/15/2028 <sup>(a)</sup>  | 9252 | 9186 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Real estate (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Iron Mountain, Inc. 7.00% 2/15/2029 <sup>(a)</sup>  | USD4,250 | $4402 |
| Iron Mountain, Inc. 5.25% 7/15/2030 <sup>(a)</sup>  | 63755 | 62929 |
| Iron Mountain, Inc. 4.50% 2/15/2031 <sup>(a)</sup>  | 37685 | 35934 |
| Iron Mountain, Inc. 5.625% 7/15/2032 <sup>(a)</sup>  | 5270 | 5231 |
| Iron Mountain, Inc. 6.25% 1/15/2033 <sup>(a)</sup>  | 9545 | 9821 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 45431 | 42618 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 60830 | 55769 |
| Kennedy-Wilson, Inc. 5.00% 3/1/2031  | 54820 | 49458 |
| Ladder Capital Finance Holdings LLLP 5.25% 10/1/2025 <sup>(a)</sup>  | 7414 | 7416 |
| Ladder Capital Finance Holdings LLLP 4.25% 2/1/2027 <sup>(a)</sup>  | 24411 | 24082 |
| Ladder Capital Finance Holdings LLLP 4.75% 6/15/2029 <sup>(a)</sup>  | 9063 | 8831 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 968 | 975 |
| Ladder Capital Finance Holdings LLLP 7.00% 7/15/2031 <sup>(a)</sup>  | 14220 | 14879 |
| MPT Operating Partnership, LP 0.993% 10/15/2026  | EUR6,200 | 6779 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | USD237,403 | 219486 |
| MPT Operating Partnership, LP 4.625% 8/1/2029  | 4860 | 3834 |
| MPT Operating Partnership, LP 3.50% 3/15/2031  | 28833 | 20412 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(a)</sup>  | 115979 | 121472 |
| Park Intermediate Holdings, LLC 5.875% 10/1/2028 <sup>(a)</sup>  | 4200 | 4197 |
| Park Intermediate Holdings, LLC 4.875% 5/15/2029 <sup>(a)</sup>  | 16445 | 15944 |
| Park Intermediate Holdings, LLC 7.00% 2/1/2030 <sup>(a)</sup>  | 17445 | 17952 |
| Pebblebrook Hotel, LP 6.375% 10/15/2029 <sup>(a)</sup>  | 15850 | 15946 |
| RLJ Lodging Trust, LP 3.75% 7/1/2026 <sup>(a)</sup>  | 1080 | 1070 |
| RLJ Lodging Trust, LP 4.00% 9/15/2029 <sup>(a)</sup>  | 6620 | 6182 |
| SBA Communications Corp. 3.125% 2/1/2029  | 4579 | 4329 |
| Service Properties Trust 5.25% 2/15/2026  | 2545 | 2535 |
| Service Properties Trust 4.75% 10/1/2026  | 37067 | 36580 |
| Service Properties Trust 4.95% 2/15/2027  | 45577 | 45015 |
| Service Properties Trust 5.50% 12/15/2027  | 15705 | 15570 |
| Service Properties Trust 3.95% 1/15/2028  | 68830 | 63633 |
| Service Properties Trust 8.375% 6/15/2029  | 64101 | 66719 |
| Service Properties Trust 4.95% 10/1/2029  | 106258 | 92821 |
| Service Properties Trust 4.375% 2/15/2030  | 89557 | 75394 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(a)</sup>  | 97995 | 105271 |
| Service Properties Trust 8.875% 6/15/2032  | 34426 | 35427 |
| VICI Properties, LP 4.25% 12/1/2026 <sup>(a)</sup>  | 9323 | 9269 |
| VICI Properties, LP 3.75% 2/15/2027 <sup>(a)</sup>  | 243 | 239 |
| VICI Properties, LP 3.875% 2/15/2029 <sup>(a)</sup>  | 17890 | 17317 |
| VICI Properties, LP 4.625% 12/1/2029 <sup>(a)</sup>  | 1657 | 1629 |
| VICI Properties, LP 4.125% 8/15/2030 <sup>(a)</sup>  | 2233 | 2144 |
|  |  | 1707335 |
| **Industrials 6.55%** |  |  |
| AAdvantage Loyalty IP, Ltd. 5.50% 4/20/2026 <sup>(a)</sup>  | 1753 | 1750 |
| AAR Escrow Issuer, LLC 6.75% 3/15/2029 <sup>(a)</sup>  | 5701 | 5912 |
| ADT Security Corp. 4.125% 8/1/2029 <sup>(a)</sup>  | 4815 | 4656 |
| Albion Financing 1 SARL 7.00% 5/21/2030 <sup>(a)</sup>  | 27575 | 28210 |
| Allison Transmission, Inc. 3.75% 1/30/2031 <sup>(a)</sup>  | 25505 | 23393 |
| Ambipar Lux SARL 9.875% 2/6/2031 <sup>(a)</sup>  | 4934 | 4667 |
| Ambipar Lux SARL 10.875% 2/5/2033 <sup>(a)</sup>  | 5029 | 4765 |
| Amentum Holdings, Inc. 7.25% 8/1/2032 <sup>(a)</sup>  | 22960 | 23646 |
| American Airlines, Inc. 8.50% 5/15/2029 <sup>(a)</sup>  | 8960 | 9400 |
| Aramark Services, Inc. 5.00% 2/1/2028 <sup>(a)</sup>  | 18695 | 18638 |
| ATI, Inc. 4.875% 10/1/2029  | 13720 | 13449 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Industrials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| ATI, Inc. 7.25% 8/15/2030  | USD9,430 | $9890 |
| ATI, Inc. 5.125% 10/1/2031  | 20940 | 20484 |
| Avis Budget Car Rental, LLC 5.75% 7/15/2027 <sup>(a)</sup>  | 16388 | 16258 |
| Avis Budget Car Rental, LLC 4.75% 4/1/2028 <sup>(a)</sup>  | 1000 | 971 |
| Avis Budget Car Rental, LLC 5.375% 3/1/2029 <sup>(a)</sup>  | 16495 | 15912 |
| Avis Budget Car Rental, LLC 8.25% 1/15/2030 <sup>(a)</sup>  | 10150 | 10609 |
| Avis Budget Car Rental, LLC 8.00% 2/15/2031 <sup>(a)</sup>  | 3745 | 3882 |
| Avis Budget Group, Inc. 5.75% 7/15/2027 <sup>(a)</sup>  | 1534 | 1531 |
| Avolon Holdings Funding, Ltd. 2.528% 11/18/2027 <sup>(a)</sup>  | 36710 | 34911 |
| Axon Enterprise, Inc. 6.125% 3/15/2030 <sup>(a)</sup>  | 22670 | 23370 |
| Axon Enterprise, Inc. 6.25% 3/15/2033 <sup>(a)</sup>  | 31145 | 32147 |
| Beach Acquisition Bidco, LLC, 10.75% PIK or 10.00% Cash 7/15/2033 <sup>(a)(d)</sup>  | 15000 | 15585 |
| Boeing Co. (The) 3.60% 5/1/2034  | 4622 | 4076 |
| Boeing Co. (The) 6.528% 5/1/2034  | 13329 | 14491 |
| Boeing Co. (The) 5.805% 5/1/2050  | 335 | 322 |
| Boeing Co. (The) 6.858% 5/1/2054  | 3508 | 3844 |
| Boeing Co. (The) 7.008% 5/1/2064  | 4000 | 4398 |
| Bombardier, Inc. 7.125% 6/15/2026 <sup>(a)</sup>  | 618 | 620 |
| Bombardier, Inc. 7.45% 5/1/2034 <sup>(a)</sup>  | 1850 | 2016 |
| Brink's Co. (The) 4.625% 10/15/2027 <sup>(a)</sup>  | 10371 | 10312 |
| Brink's Co. (The) 6.50% 6/15/2029 <sup>(a)</sup>  | 3870 | 3992 |
| Brink's Co. (The) 6.75% 6/15/2032 <sup>(a)</sup>  | 4075 | 4247 |
| BWX Technologies, Inc. 4.125% 6/30/2028 <sup>(a)</sup>  | 8235 | 8040 |
| BWX Technologies, Inc. 4.125% 4/15/2029 <sup>(a)</sup>  | 3470 | 3348 |
| Chart Industries, Inc. 7.50% 1/1/2030 <sup>(a)</sup>  | 10389 | 10890 |
| Clarivate Science Holdings Corp. 3.875% 7/1/2028 <sup>(a)</sup>  | 17370 | 16663 |
| Clarivate Science Holdings Corp. 4.875% 7/1/2029 <sup>(a)</sup>  | 15510 | 14620 |
| Clean Harbors, Inc. 4.875% 7/15/2027 <sup>(a)</sup>  | 12014 | 11964 |
| Clean Harbors, Inc. 6.375% 2/1/2031 <sup>(a)</sup>  | 6822 | 6994 |
| CoreLogic, Inc. 4.50% 5/1/2028 <sup>(a)</sup>  | 63627 | 60748 |
| CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.941% 6/2/2028 <sup>(b)(c)</sup>  | 5931 | 5858 |
| CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 6.50%) 10.941% 6/4/2029 <sup>(b)(c)</sup>  | 22275 | 21676 |
| Dun & Bradstreet Corp. (The) 5.00% 12/15/2029 <sup>(a)</sup>  | 18492 | 18954 |
| Enviri Corp. 5.75% 7/31/2027 <sup>(a)</sup>  | 27400 | 27066 |
| EquipmentShare.com, Inc. 9.00% 5/15/2028 <sup>(a)</sup>  | 65995 | 69802 |
| EquipmentShare.com, Inc. 8.625% 5/15/2032 <sup>(a)</sup>  | 10665 | 11347 |
| EquipmentShare.com, Inc. 8.00% 3/15/2033 <sup>(a)</sup>  | 1000 | 1048 |
| FTAI Aviation Investors, LLC 5.50% 5/1/2028 <sup>(a)</sup>  | 16925 | 16845 |
| FTAI Aviation Investors, LLC 7.875% 12/1/2030 <sup>(a)</sup>  | 1100 | 1168 |
| Garda World Security Corp. 8.375% 11/15/2032 <sup>(a)</sup>  | 43865 | 45096 |
| Herc Holdings, Inc. 5.50% 7/15/2027 <sup>(a)</sup>  | 5200 | 5205 |
| Herc Holdings, Inc. 6.625% 6/15/2029 <sup>(a)</sup>  | 10590 | 10874 |
| Herc Holdings, Inc. 7.00% 6/15/2030 <sup>(a)</sup>  | 21840 | 22822 |
| Herc Holdings, Inc. 7.25% 6/15/2033 <sup>(a)</sup>  | 27300 | 28623 |
| Hertz Corp. (The) 4.625% 12/1/2026 <sup>(a)</sup>  | 16320 | 14638 |
| Howmet Aerospace, Inc. 5.95% 2/1/2037  | 3000 | 3188 |
| Icahn Enterprises, LP 6.25% 5/15/2026  | 21071 | 20938 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 86618 | 84001 |
| Icahn Enterprises, LP 9.75% 1/15/2029  | 24232 | 23570 |
| Icahn Enterprises, LP 4.375% 2/1/2029  | 20865 | 17557 |
| Icahn Enterprises, LP 10.00% 11/15/2029 <sup>(a)</sup>  | 2040 | 2022 |
| LATAM Airlines Group SA 7.625% 1/7/2031 <sup>(a)</sup>  | 20040 | 20165 |
| Mileage Plus Holdings, LLC 6.50% 6/20/2027 <sup>(a)</sup>  | 22208 | 22251 |
| Miter Brands Acquisition Holdco, Inc. 6.75% 4/1/2032 <sup>(a)</sup>  | 6789 | 6967 |

---

American High-Income Trust — Page 17 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Industrials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Moog, Inc. 4.25% 12/9/2027 <sup>(a)</sup>  | USD8,465 | $8285 |
| Mueller Water Products, Inc. 4.00% 6/15/2029 <sup>(a)</sup>  | 5115 | 4914 |
| NESCO Holdings II, Inc. 5.50% 4/15/2029 <sup>(a)</sup>  | 25425 | 24787 |
| OneSky Flight, LLC 8.875% 12/15/2029 <sup>(a)</sup>  | 8720 | 9087 |
| Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 8.177% 2/1/2028 <sup>(b)(c)</sup>  | 28517 | 25207 |
| Pitney Bowes, Inc. 6.875% 3/15/2027 <sup>(a)</sup>  | 11500 | 11618 |
| PM General Purchaser, LLC 9.50% 10/1/2028 <sup>(a)</sup>  | 3997 | 2776 |
| Prime Security Services Borrower, LLC 3.375% 8/31/2027 <sup>(a)</sup>  | 8100 | 7853 |
| Prime Security Services Borrower, LLC 6.25% 1/15/2028 <sup>(a)</sup>  | 11833 | 11862 |
| QXO Building Products, Inc. 6.75% 4/30/2032 <sup>(a)</sup>  | 42730 | 44127 |
| QXO Building Products, Inc., Term Loan B, (1-month USD CME Term SOFR + 3.00%) 7.296% 4/30/2032 <sup>(b)(c)</sup>  | 4533 | 4570 |
| RB Global Holdings, Inc. 6.75% 3/15/2028 <sup>(a)</sup>  | 1304 | 1339 |
| RB Global Holdings, Inc. 7.75% 3/15/2031 <sup>(a)</sup>  | 9038 | 9513 |
| Reworld Holding Corp. 4.875% 12/1/2029 <sup>(a)</sup>  | 21238 | 20221 |
| Reworld Holding Corp. 5.00% 9/1/2030  | 28240 | 26752 |
| Roller Bearing Company of America, Inc. 4.375% 10/15/2029 <sup>(a)</sup>  | 2005 | 1944 |
| Sabre GLBL, Inc. 11.125% 7/15/2030 <sup>(a)</sup>  | 65475 | 68569 |
| Sensata Technologies BV 4.00% 4/15/2029 <sup>(a)</sup>  | 3225 | 3070 |
| Sensata Technologies, Inc. 3.75% 2/15/2031 <sup>(a)</sup>  | 15230 | 13897 |
| SkyMiles IP, Ltd. 4.75% 10/20/2028 <sup>(a)</sup>  | 9000 | 9025 |
| Spirit AeroSystems, Inc. 4.60% 6/15/2028  | 1462 | 1438 |
| Spirit AeroSystems, Inc. 9.375% 11/30/2029 <sup>(a)</sup>  | 4359 | 4630 |
| Spirit AeroSystems, Inc. 9.75% 11/15/2030 <sup>(a)</sup>  | 1685 | 1860 |
| Standard Building Solutions, Inc. 6.50% 8/15/2032 <sup>(a)</sup>  | 10000 | 10253 |
| Texas Combined Tirz I, LLC 0% 12/7/2062 <sup>(a)(f)</sup>  | 3200 | 3200 |
| Titan International, Inc. 7.00% 4/30/2028  | 11500 | 11555 |
| TK Elevator U.S. Newco, Inc. 5.25% 7/15/2027 <sup>(a)</sup>  | 13400 | 13400 |
| TransDigm, Inc. 6.75% 8/15/2028 <sup>(a)</sup>  | 8945 | 9145 |
| TransDigm, Inc. 6.375% 3/1/2029 <sup>(a)</sup>  | 25230 | 25916 |
| TransDigm, Inc. 6.875% 12/15/2030 <sup>(a)</sup>  | 7315 | 7595 |
| TransDigm, Inc. 6.625% 3/1/2032 <sup>(a)</sup>  | 33875 | 35116 |
| TransDigm, Inc. 6.00% 1/15/2033 <sup>(a)</sup>  | 10000 | 10061 |
| TransDigm, Inc. 6.375% 5/31/2033 <sup>(a)</sup>  | 9900 | 9934 |
| Uber Technologies, Inc. 7.50% 9/15/2027 <sup>(a)</sup>  | 8994 | 9080 |
| Uber Technologies, Inc. 6.25% 1/15/2028 <sup>(a)</sup>  | 17200 | 17293 |
| Uber Technologies, Inc. 4.50% 8/15/2029 <sup>(a)</sup>  | 7050 | 7013 |
| United Rentals (North America), Inc. 6.00% 12/15/2029 <sup>(a)</sup>  | 1759 | 1803 |
| United Rentals (North America), Inc. 5.25% 1/15/2030  | 5484 | 5502 |
| United Rentals (North America), Inc. 3.875% 2/15/2031  | 14145 | 13311 |
| United Rentals (North America), Inc. 3.75% 1/15/2032  | 11090 | 10195 |
| United Rentals (North America), Inc. 6.125% 3/15/2034 <sup>(a)</sup>  | 6840 | 7054 |
| Waste Pro USA, Inc. 7.00% 2/1/2033 <sup>(a)</sup>  | 5505 | 5729 |
| WESCO Distribution, Inc. 7.25% 6/15/2028 <sup>(a)</sup>  | 10900 | 11043 |
| WESCO Distribution, Inc. 6.625% 3/15/2032 <sup>(a)</sup>  | 30115 | 31332 |
| WESCO Distribution, Inc. 6.375% 3/15/2033 <sup>(a)</sup>  | 7820 | 8088 |
| XPO, Inc. 6.25% 6/1/2028 <sup>(a)</sup>  | 3516 | 3575 |
| XPO, Inc. 7.125% 6/1/2031 <sup>(a)</sup>  | 10832 | 11366 |
| XPO, Inc. 7.125% 2/1/2032 <sup>(a)</sup>  | 8665 | 9088 |
|  |  | 1612293 |
| **Consumer staples 3.34%** |  |  |
| Albertsons Cos., Inc. 4.625% 1/15/2027 <sup>(a)</sup>  | 7215 | 7176 |
| Albertsons Cos., Inc. 3.50% 3/15/2029 <sup>(a)</sup>  | 41457 | 39321 |
| Albertsons Cos., Inc. 4.875% 2/15/2030 <sup>(a)</sup>  | 8665 | 8527 |

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American High-Income Trust — Page 18 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Consumer staples (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Amer Sports Co. 6.75% 2/16/2031 <sup>(a)</sup>  | USD1,130 | $1177 |
| B&G Foods, Inc. 5.25% 9/15/2027  | 38206 | 34828 |
| B&G Foods, Inc. 8.00% 9/15/2028 <sup>(a)</sup>  | 33635 | 32425 |
| Central Garden & Pet Co. 4.125% 10/15/2030  | 21206 | 20042 |
| Central Garden & Pet Co. 4.125% 4/30/2031 <sup>(a)</sup>  | 36315 | 33754 |
| Coty, Inc. 5.00% 4/15/2026 <sup>(a)</sup>  | 4064 | 4077 |
| Coty, Inc. 4.75% 1/15/2029 <sup>(a)</sup>  | 32780 | 32064 |
| Coty, Inc. 6.625% 7/15/2030 <sup>(a)</sup>  | 11695 | 11973 |
| Darling Ingredients, Inc. 5.25% 4/15/2027 <sup>(a)</sup>  | 6431 | 6424 |
| Darling Ingredients, Inc. 6.00% 6/15/2030 <sup>(a)</sup>  | 22930 | 23253 |
| Energizer Holdings, Inc. 4.375% 3/31/2029 <sup>(a)</sup>  | 4880 | 4620 |
| Fiesta Purchaser, Inc. 7.875% 3/1/2031 <sup>(a)</sup>  | 17530 | 18622 |
| Fiesta Purchaser, Inc. 9.625% 9/15/2032 <sup>(a)</sup>  | 18715 | 19794 |
| Fiesta Purchaser, Inc., Term Loan, (3-month USD CME Term SOFR + 3.25%) 7.577% 2/12/2031 <sup>(b)(c)</sup>  | 11937 | 11985 |
| H.J. Heinz Co. 3.00% 6/1/2026  | 6360 | 6278 |
| H.J. Heinz Co. 3.875% 5/15/2027  | 5545 | 5504 |
| H.J. Heinz Co. 4.375% 6/1/2046  | 5 | 4 |
| H.J. Heinz Co. 4.875% 10/1/2049  | 9975 | 8572 |
| Ingles Markets, Inc. 4.00% 6/15/2031 <sup>(a)</sup>  | 5070 | 4738 |
| KeHE Distributors, LLC 9.00% 2/15/2029 <sup>(a)</sup>  | 10550 | 10939 |
| Lamb Weston Holdings, Inc. 4.875% 5/15/2028 <sup>(a)</sup>  | 1820 | 1810 |
| Lamb Weston Holdings, Inc. 4.125% 1/31/2030 <sup>(a)</sup>  | 37760 | 36048 |
| Lamb Weston Holdings, Inc. 4.375% 1/31/2032 <sup>(a)</sup>  | 16115 | 15153 |
| Mars, Inc. 4.60% 3/1/2028 <sup>(a)</sup>  | 3610 | 3640 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(a)</sup>  | 223 | 226 |
| Mars, Inc. 5.70% 5/1/2055 <sup>(a)</sup>  | 187 | 187 |
| Opal Bidco SAS 6.50% 3/31/2032 <sup>(a)</sup>  | 16405 | 16754 |
| Performance Food Group, Inc. 5.50% 10/15/2027 <sup>(a)</sup>  | 16205 | 16185 |
| Performance Food Group, Inc. 4.25% 8/1/2029 <sup>(a)</sup>  | 7785 | 7514 |
| Performance Food Group, Inc. 6.125% 9/15/2032 <sup>(a)</sup>  | 17620 | 18046 |
| Post Holdings, Inc. 5.50% 12/15/2029 <sup>(a)</sup>  | 19249 | 19178 |
| Post Holdings, Inc. 4.625% 4/15/2030 <sup>(a)</sup>  | 49715 | 47839 |
| Post Holdings, Inc. 4.50% 9/15/2031 <sup>(a)</sup>  | 23500 | 21834 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(a)</sup>  | 52863 | 54393 |
| Post Holdings, Inc. 6.375% 3/1/2033 <sup>(a)</sup>  | 10000 | 10116 |
| Prestige Brands, Inc. 5.125% 1/15/2028 <sup>(a)</sup>  | 11533 | 11450 |
| Prestige Brands, Inc. 3.75% 4/1/2031 <sup>(a)</sup>  | 14440 | 13316 |
| TreeHouse Foods, Inc. 4.00% 9/1/2028  | 44940 | 41026 |
| United Natural Foods, Inc. 6.75% 10/15/2028 <sup>(a)</sup>  | 13580 | 13416 |
| United Natural Foods, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.75%) 9.077% 5/1/2031 <sup>(b)(c)</sup>  | 65819 | 66641 |
| US Foods, Inc. 4.625% 6/1/2030 <sup>(a)</sup>  | 8325 | 8114 |
| US Foods, Inc. 5.75% 4/15/2033 <sup>(a)</sup>  | 11450 | 11467 |
| Walgreens Boots Alliance, Inc. 3.45% 6/1/2026  | 42783 | 41887 |
|  |  | 822337 |
| **Utilities 2.02%** |  |  |
| AmeriGas Partners, LP 5.75% 5/20/2027  | 5878 | 5839 |
| Calpine Corp. 4.50% 2/15/2028 <sup>(a)</sup>  | 4000 | 3970 |
| Calpine Corp. 5.125% 3/15/2028 <sup>(a)</sup>  | 8282 | 8278 |
| Calpine Corp. 3.75% 3/1/2031 <sup>(a)</sup>  | 9175 | 8710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CMS Energy Corp., junior subordinated, 6.50% 6/1/2055 (5-year UST Yield Curve Rate T Note Constant Maturity <br> + 1.961% on 6/1/2035) <sup>(h)</sup>  | 11425 | 11481 |
| Edison International 6.95% 11/15/2029  | 2520 | 2621 |
| Edison International 6.25% 3/15/2030  | 350 | 356 |

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American High-Income Trust — Page 19 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds, notes & loans (continued)**<br> **Utilities (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Edison International, junior subordinated, 7.875% 6/15/2054 (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 3.658% on 6/15/2029) <sup>(h)</sup>  | USD1,090 | $1035 |
| Emera, Inc. 6.75% 6/15/2076 (3-month USD-LIBOR + 5.44% on 6/15/2026) <sup>(h)(l)</sup>  | 18225 | 18385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exelon Corp., junior subordinated, 6.50% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 1.975% on 3/15/2035) <sup>(h)</sup>  | 8450 | 8601 |
| FirstEnergy Corp. 2.25% 9/1/2030  | 19000 | 16882 |
| FirstEnergy Corp. 4.85% 7/15/2047  | 4000 | 3404 |
| FirstEnergy Corp. 3.40% 3/1/2050  | 5134 | 3484 |
| FirstEnergy Transmission, LLC 2.866% 9/15/2028 <sup>(a)</sup>  | 5075 | 4842 |
| FirstEnergy Transmission, LLC 4.55% 4/1/2049 <sup>(a)</sup>  | 2000 | 1698 |
| Ithaca Energy (North Sea) PLC 8.125% 10/15/2029 <sup>(a)</sup>  | 17170 | 17725 |
| Lightning Power, LLC 7.25% 8/15/2032 <sup>(a)</sup>  | 15450 | 16270 |
| Long Ridge Energy, LLC, 8.75% 2/15/2032 <sup>(a)</sup>  | 71195 | 74011 |
| Long Ridge Energy, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.796% 2/19/2032 <sup>(b)(c)</sup>  | 15985 | 15825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MI Windows and Doors, LLC, Term Loan B2, (3-month USD CME Term SOFR + 3.00%) 7.327% <br>3/28/2031 <sup>(b)(c)</sup>  | 6069 | 6089 |
| NRG Energy, Inc. 3.625% 2/15/2031 <sup>(a)</sup>  | 2000 | 1842 |
| Pacific Gas and Electric Co. 3.45% 7/1/2025  | 6096 | 6096 |
| Pacific Gas and Electric Co. 5.45% 6/15/2027  | 5670 | 5738 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 4170 | 4072 |
| Pacific Gas and Electric Co. 3.30% 8/1/2040  | 5540 | 3967 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 4700 | 3793 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 44090 | 28307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PacifiCorp, junior subordinated, 7.375% 9/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 3.319% on 9/15/2030) <sup>(h)</sup>  | 1800 | 1876 |
| PG&E Corp. 5.00% 7/1/2028  | 33775 | 32920 |
| PG&E Corp. 5.25% 7/1/2030  | 64030 | 61038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PG&E Corp., junior subordinated, 7.375% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 3.883% on 3/15/2030) <sup>(h)</sup>  | 26965 | 25604 |
| Saavi Energia SARL 8.875% 2/10/2035 <sup>(a)</sup>  | 11702 | 12226 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(a)</sup>  | 45301 | 48578 |
| Talen Energy Supply, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.808% 5/17/2030 <sup>(b)(c)</sup>  | 5865 | 5887 |
| Trinidad Generation Unlimited 7.75% 6/16/2033 <sup>(a)</sup>  | 10775 | 11170 |
| Vistra Operations Co., LLC 5.00% 7/31/2027 <sup>(a)</sup>  | 1770 | 1769 |
| XPLR Infrastructure Operating Partners, LP 3.875% 10/15/2026 <sup>(a)</sup>  | 2373 | 2320 |
| XPLR Infrastructure Operating Partners, LP 8.375% 1/15/2031 <sup>(a)</sup>  | 9650 | 10315 |
|  |  | 497024 |
| **Municipals 0.05%** |  |  |
| I-20 Lancaster Fund, LLC 12.00% 1/15/2035 <sup>(a)</sup>  | 13406 | 12980 |
| **Total corporate bonds, notes & loans** |  | 21087105 |
| **U.S. Treasury bonds & notes 0.18%**<br> **U.S. Treasury 0.13%**<br>|  |  |
| U.S. Treasury 3.625% 5/15/2053  | 5000 | 4077 |
| U.S. Treasury 4.125% 8/15/2053 <sup>(m)</sup>  | 31500 | 28153 |
|  |  | 32230 |
| **U.S. Treasury inflation-protected securities 0.05%** |  |  |
| U.S. Treasury Inflation-Protected Security 2.125% 1/15/2035 <sup>(n)</sup>  | 10305 | 10475 |
| **Total U.S. Treasury bonds & notes** |  | 42705 |

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American High-Income Trust — Page 20 of 29

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations 0.05%**<br> **Collateralized mortgage-backed obligations 0.05%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Treehouse Park Improvement Association No.1 9.75% 12/1/2033 <sup>(a)(f)</sup>  | USD12,999 | $12999 |
| **Municipals 0.04%**<br> **Puerto Rico 0.04%**<br>|  |  |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(c)</sup>  | 7871 | 4851 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 8699 | 5502 |
|  |  | 10353 |
| **Total municipals** |  | 10353 |
| **Total bonds, notes & other debt instruments** (cost: $21,412,298,000) |  | 21153162 |
| Convertible bonds & notes 0.08%<br> **Communication services 0.08%**<br>|  |  |
| EchoStar Corp., convertible notes, 3.875% PIK 11/30/2030 <sup>(d)</sup>  | 17448 | 20588 |
| **Total convertible bonds & notes** (cost: $18,566,000) |  | 20588 |
| Common stocks 3.71%<br> **Information technology 1.31%**<br>| Shares |  |
| Diebold Nixdorf, Inc. <sup>(g)(i)</sup>  | 5800284 | 321342 |
| **Health care 0.79%** |  |  |
| Rotech Healthcare, Inc. <sup>(f)(g)(i)(k)</sup>  | 1916276 | 144276 |
| Endo, Inc. <sup>(i)</sup>  | 2000808 | 41991 |
| Endo GUC Trust, Class A1 <sup>(a)(i)</sup>  | 3784392 | 2106 |
| Endo, Inc., 1L 7.50% Escrow <sup>(f)(i)</sup>  | 110659000 | — <br><sup>(j)</sup><br>|
| Endo, Inc., 1L 6.875% Escrow <sup>(f)(i)</sup>  | 10374000 | — <br><sup>(j)</sup><br>|
| Endo, Inc., 1L 6.125% Escrow <sup>(f)(i)</sup>  | 12320000 | — <br><sup>(j)</sup><br>|
| Mallinckrodt PLC <sup>(i)</sup>  | 62717 | 5331 |
|  |  | 193704 |
| **Energy 0.64%** |  |  |
| Constellation Oil Services Holding SA (NDR) <sup>(g)(i)</sup>  | 166478112 | 74325 |
| Ascent Resources, LLC, Class A <sup>(f)(k)</sup>  | 905325 | 44750 |
| Weatherford International  | 206113 | 10370 |
| New Fortress Energy, Inc., Class A <sup>(i)</sup>  | 2594469 | 8614 |
| Mesquite Energy, Inc. <sup>(f)(i)</sup>  | 109992 | 6235 |
| Expand Energy Corp.  | 49800 | 5824 |
| Altera Infrastructure, LP <sup>(f)</sup>  | 123978 | 3828 |
| Civitas Resources, Inc.  | 57659 | 1587 |
| McDermott International, Ltd. <sup>(i)</sup>  | 107613 | 1184 |
| McDermott International, Ltd. <sup>(i)(k)</sup>  | 13965 | 153 |
| Exxon Mobil Corp.  | 130 | 14 |
| Bighorn Permian Resources, LLC <sup>(f)</sup>  | 42744 | — <br><sup>(j)</sup><br>|
|  |  | 156884 |
| **Utilities 0.52%** |  |  |
| Talen Energy Corp. <sup>(i)</sup>  | 439665 | 127842 |

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American High-Income Trust — Page 21 of 29

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| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Consumer discretionary 0.35%**<br>| Shares | Value<br> (000)<br>|
| Aimbridge Topco, LLC <sup>(f)(g)(i)</sup>  | 1145929 | $86265 |
| MYT Holding Co., Class B <sup>(g)(i)</sup>  | 3193103 | 1078 |
| Party City Holdco, Inc. <sup>(f)(g)(i)</sup>  | 2530772 | — <br><sup>(j)</sup><br>|
| Party City Holdco, Inc. <sup>(a)(f)(g)(i)</sup>  | 25266 | — <br><sup>(j)</sup><br>|
| NMG Parent, LLC <sup>(f)(i)</sup>  | 160737 | — <br><sup>(j)</sup><br>|
|  |  | 87343 |
| **Communication services 0.10%** |  |  |
| Intelsat SA  | 319194 | 13853 |
| Frontier Communications Parent, Inc. <sup>(i)</sup>  | 250000 | 9100 |
| Clear Channel Outdoor Holdings, Inc. <sup>(i)</sup>  | 890868 | 1042 |
| DSG TopCo, Inc. <sup>(i)</sup>  | 38232 | 580 |
| iHeartMedia, Inc., Class A <sup>(i)</sup>  | 310596 | 547 |
| Cumulus Media, Inc., Class A <sup>(i)</sup>  | 561836 | 68 |
|  |  | 25190 |
| **Materials 0.00%** |  |  |
| Venator Materials PLC <sup>(f)(g)(i)</sup>  | 68896 | — <br><sup>(j)</sup><br>|
| **Total common stocks** (cost: $847,639,000) |  | 912305 |
| Preferred securities 0.31%<br> **Financials 0.15%**<br>|  |  |
| AH Parent, Inc., Class A, 10.50% PIK or 10.00% Cash perpetual cumulative preferred shares <sup>(d)(f)(k)</sup>  | 36740 | 37857 |
| **Consumer discretionary 0.08%** |  |  |
| MYT Holdings, LLC, Series A, 10.00% preferred shares <sup>(g)(i)</sup>  | 15503905 | 20349 |
| **Industrials 0.08%** |  |  |
| ACR III LSC Holdings, LLC, Series B, preferred shares <sup>(a)(f)(i)</sup>  | 13566 | 19488 |
| **Total preferred securities** (cost: $64,096,000) |  | 77694 |
| Rights & warrants 0.00%<br> **Energy 0.00%**<br>|  |  |
| Expand Energy Corporation, Class C, warrants, expire 2/9/2026 <sup>(i)</sup>  | 572 | 59 |
| McDermott International, Inc., warrants, expire 7/1/2027 <sup>(f)(i)</sup> <br>| 845563 | — <br><sup>(j)</sup><br>|
| Constellation Oil Services Holding SA, Class D, warrants, expire 6/10/2071 <sup>(f)(g)(i)</sup>  | 19 | — <br><sup>(j)</sup><br>|
|  |  | 59 |
| **Total rights & warrants** (cost: $1,094,000) |  | 59 |
| Short-term securities 9.14%<br> **Money market investments 9.14%**<br>|  |  |
| Capital Group Central Cash Fund 4.35% <sup>(g)(o)</sup>  | 22485722 | 2248572 |
| **Total short-term securities** (cost: $2,248,830,000) |  | 2248572 |
| **Total investment securities 99.20%** (cost: $24,592,523,000) |  | 24412380 |
| Other assets less liabilities 0.80% |  | 196214 |
| **Net assets 100.00%** |  | $24608594 |

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American High-Income Trust — Page 22 of 29

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 446 | 10/3/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD92,779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $365 |
| 5 Year U.S. Treasury Note Futures | Long | 3784 | 10/3/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4602 |
| 30 Year Ultra U.S. Treasury Bond Futures | Long | 19 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $5055 |

---

Swap contracts

------

**Credit default swaps** 

**Centrally cleared credit default swaps on credit indices — buy protection** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Reference <br>index<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financing <br>rate paid<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| CDX.NA.HY.44 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | USD351,450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(26379)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(21290)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(5089)<br>|

---

Investments in affiliates <sup>(g)</sup>

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>10/1/2024 <br>(000)<br>| Additions <br>(000)<br>| Reductions <br>(000)<br>| Net <br>realized <br>gain (loss) <br>(000)<br>| Net <br>unrealized <br>appreciation <br>(depreciation) <br>(000)<br>| Value at <br>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** | **Bonds, notes & other debt instruments 0.95%** |
| **Energy 0.20%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constellation Oil Services Holding SA 9.375% <br> 11/7/2029 <sup>(a)</sup> <br>| $— | &nbsp;&nbsp; $49202 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $883 | &nbsp;&nbsp; $50085 | &nbsp;&nbsp; $2960 |
| **Consumer discretionary 0.13%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Party City Holdco, Inc. 12.00% PIK 1/11/2029 <sup>(a)(d)(e)(f)</sup> <br>| 47228 | &nbsp;&nbsp; 1416 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (43613)<br>| &nbsp;&nbsp; 5031 | &nbsp;&nbsp; 731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Party City Holdings, Inc. 0% 10/12/2028 <sup>(f)(i)</sup> <br>| — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Party City Holdings, Inc. 0% 10/12/2028 <sup>(f)(i)</sup> <br>| — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aimbridge Acquisition Co., Inc., Term Loan, (1-month <br> USD CME Term SOFR + 5.614%) 9.935% <br>3/11/2030 <sup>(b)(c)(f)</sup> <br>|  | &nbsp;&nbsp; 12227 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1340 | &nbsp;&nbsp; 13567 | &nbsp;&nbsp; 438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aimbridge Acquisition Co., Inc., Term Loan, (1-month <br> USD CME Term SOFR + 7.614%) 6.00% PIK and <br>5.947% Cash 3/11/2030 <sup>(b)(c)(d)(f)</sup> <br>|  | &nbsp;&nbsp; 17032 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (4615)<br>| &nbsp;&nbsp; 12417 | &nbsp;&nbsp; 187 |
|  |  |  |  |  |  | &nbsp;&nbsp; 31015 |  |
| **Information technology 0.62%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(a)</sup> <br>|  | &nbsp;&nbsp; 144906 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9004 | &nbsp;&nbsp; 153910 | &nbsp;&nbsp; 5953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diebold Nixdorf, Inc., Term Loan, <br>(3-month USD CME Term SOFR + 6.50%) <br>14.25% 8/11/2028 <sup>(a)(c)(p)</sup> <br>| 204979 | &nbsp;&nbsp; 571 | &nbsp;&nbsp; 206138 | &nbsp;&nbsp; 5726 | &nbsp;&nbsp; (5138)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 5475 |
|  |  |  |  |  |  | &nbsp;&nbsp; 153910 |  |
| **Total bonds, notes & other debt instruments** |  |  |  |  |  | &nbsp;&nbsp; 235010 |  |
| **Common stocks 2.55%** | **Common stocks 2.55%** | **Common stocks 2.55%** | **Common stocks 2.55%** | **Common stocks 2.55%** | **Common stocks 2.55%** | **Common stocks 2.55%** | **Common stocks 2.55%** |
| **Information technology 1.31%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diebold Nixdorf, Inc. <sup>(i)</sup> <br>| 259041 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 62301 | &nbsp;&nbsp; 321342 | &nbsp;&nbsp; — |

---

American High-Income Trust — Page 23 of 29

------

**unaudited**

Investments in affiliates <sup>(g)</sup> (continued)

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at<br> 10/1/2024<br> (000)<br>| Additions<br> (000)<br>| Reductions<br> (000)<br>| Net<br> realized<br> gain (loss)<br> (000)<br>| Net<br> unrealized<br> appreciation<br> (depreciation)<br> (000)<br>| Value at<br> 6/30/2025<br> (000)<br>| Dividend<br> or interest<br> income<br> (000)<br>|
| **Health care 0.59%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rotech Healthcare, Inc. <sup>(f)(i)(k)</sup> <br>| $177581 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(33305)<br>| &nbsp;&nbsp; $144276 | &nbsp;&nbsp; $— |
| **Energy 0.30%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constellation Oil Services Holding SA (NDR) <sup>(i)</sup> <br>|  | &nbsp;&nbsp; 43658 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 30667 | &nbsp;&nbsp; 74325 | &nbsp;&nbsp; — |
| **Consumer discretionary 0.35%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aimbridge Topco, LLC <sup>(f)(i)(q)</sup> <br>|  | &nbsp;&nbsp; 102518 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (16253)<br>| &nbsp;&nbsp; 86265 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MYT Holding Co., Class B <sup>(i)</sup> <br>| 933 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1282 | &nbsp;&nbsp; (2779)<br>| &nbsp;&nbsp; 4206 | &nbsp;&nbsp; 1078 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Party City Holdco, Inc. <sup>(a)(f)(i)</sup> <br>| 424 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (424)<br>| &nbsp;&nbsp; — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Party City Holdco, Inc. <sup>(f)(i)</sup> <br>| 42466 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (42466)<br>| &nbsp;&nbsp; — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — |
|  |  |  |  |  |  | &nbsp;&nbsp; 87343 |  |
| **Materials 0.00%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Venator Materials PLC <sup>(f)(i)</sup> <br>| 35494 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (35494)<br>| &nbsp;&nbsp; — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — |
| **Total common stocks** |  |  |  |  |  | &nbsp;&nbsp; 627286 |  |
| **Preferred securities 0.08%** | **Preferred securities 0.08%** | **Preferred securities 0.08%** | **Preferred securities 0.08%** | **Preferred securities 0.08%** | **Preferred securities 0.08%** | **Preferred securities 0.08%** | **Preferred securities 0.08%** |
| **Consumer discretionary 0.08%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MYT Holdings, LLC, Series A, 10.00% preferred shares <sup>(i)</sup> <br>| 12676 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5694 | &nbsp;&nbsp; 1774 | &nbsp;&nbsp; 11593 | &nbsp;&nbsp; 20349 | &nbsp;&nbsp; — |
| **Rights & warrants 0.00%** | **Rights & warrants 0.00%** | **Rights & warrants 0.00%** | **Rights & warrants 0.00%** | **Rights & warrants 0.00%** | **Rights & warrants 0.00%** | **Rights & warrants 0.00%** | **Rights & warrants 0.00%** |
| **Energy 0.00%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constellation Oil Services Holding SA, Class D, warrants, <br> expire 6/10/2071 <sup>(f)(i)</sup> <br>| — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — <br><sup>(j)</sup><br>| &nbsp;&nbsp; — |
| **Short-term securities 9.14%** | **Short-term securities 9.14%** | **Short-term securities 9.14%** | **Short-term securities 9.14%** | **Short-term securities 9.14%** | **Short-term securities 9.14%** | **Short-term securities 9.14%** | **Short-term securities 9.14%** |
| **Money market investments 9.14%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Group Central Cash Fund 4.35% <sup>(o)</sup> <br>| 1583278 | &nbsp;&nbsp; 4172867 | &nbsp;&nbsp; 3507264 | &nbsp;&nbsp; 23 | &nbsp;&nbsp; (332)<br>| &nbsp;&nbsp; 2248572 | &nbsp;&nbsp; 65593 |
| **Total 12.72%** |  |  |  | &nbsp;&nbsp; $4744 | &nbsp;&nbsp; $(61646)<br>| &nbsp;&nbsp; $3131217 | &nbsp;&nbsp; $81337 |

---

Restricted securities <sup>(k)</sup>

------

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| Rotech Healthcare, Inc. <sup>(f)(g)(i)</sup> <br>| 9/26/2013 | $41128 | $144276 | 0.59<br> %<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on <br> 6/22/2026) <sup>(d)(h)</sup> <br>| 6/23/2023-3/24/2025 | 60050 | 62097 | 0.25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on <br> 6/23/2026) <sup>(d)(h)</sup> <br>| 10/22/2024-3/24/2025 | 16575 | 17290 | 0.07 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + <br> 7.25%) 11.428% 9/13/2029 <sup>(b)(c)</sup> <br>| 9/13/2023 | 72892 | 74605 | 0.30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + <br> 7.25%) 11.428% 9/13/2029 <sup>(b)(c)</sup> <br>| 9/13/2023-6/13/2025 | 1544 | 1555 | 0.01 |
| Ascent Resources, LLC, Class A <sup>(f)</sup> <br>| 4/25/2016-11/15/2016 | 4340 | 44750 | 0.18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AH Parent, Inc., Class A, 10.50% PIK or 10.00% Cash perpetual <br> cumulative preferred shares <sup>(d)(f)</sup> <br>| 9/27/2024 | 36189 | 37857 | 0.15 |
| McDermott International, Ltd. <sup>(i)</sup> <br>| 4/4/2018-12/31/2020 | 7967 | 153 | 0.00 <br><sup>(r)</sup><br>|
| **Total** |  | $240685 | $382583 | 1.55<br> %<br>|

---

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

American High-Income Trust — Page 24 of 29

------

**unaudited**

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

<sup>(a)</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $15,413,494,000, which represented 62.63% of the net assets of the fund. 

<sup>(b)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $916,345,000, which represented 3.72% of the net assets of the fund. 

<sup>(c)</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. 

<sup>(d)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(e)</sup> Scheduled interest and/or principal payment was not received.

<sup>(f)</sup> Value determined using significant unobservable inputs.

<sup>(g)</sup> Affiliate of the fund or part of the same "group of investment companies" as the fund, as defined under the Investment Company Act of 1940, as amended.

<sup>(h)</sup> Step bond; coupon rate may change at a later date.

<sup>(i)</sup> Security did not produce income during the last 12 months.

<sup>(j)</sup> Amount less than one thousand.

<sup>(k)</sup> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933. The total value of all such restricted securities was $382,583,000, which represented 1.55% of the net assets of the fund. 

<sup>(l)</sup> Securities referencing LIBOR are expected to transition to an alternative reference rate by the security's next scheduled coupon reset date.

<sup>(m)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $22,224,000, which represented 0.09% of the net assets of the fund. 

<sup>(n)</sup> Index-linked bond whose principal amount moves with a government price index. 

<sup>(o)</sup> Rate represents the seven-day yield at 6/30/2025.

<sup>(p)</sup> Affiliated issuer during the reporting period but no longer held at 6/30/2025.

<sup>(q)</sup> This security changed its name during the reporting period.

<sup>(r)</sup> Amount less than 0.01%.

Valuation disclosures

------

Capital Research and Management Company ("CRMC"), the fund's investment adviser, values the fund's investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.

**Methods and inputs** — The fund's investment adviser uses the following methods and inputs to establish the fair value of the fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Equity securities, including depositary receipts, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.

American High-Income Trust — Page 25 of 29

------

**unaudited**

Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of standard inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp; All | &nbsp;&nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral performance and other reference data (collectively <br> referred to as "standard inputs")<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
| &nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed; asset-backed obligations | &nbsp;&nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, collateral characteristics, credit <br> enhancements and specific deal information<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal securities | &nbsp;&nbsp;&nbsp; Standard inputs and, for certain distressed securities, cash flows or <br> liquidation values using a net present value calculation based on inputs <br> that include, but are not limited to, financial statements and debt contracts<br>|

---

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. The Capital Group Central Cash Fund ("CCF"), a fund within the Capital Group Central Fund Series ("Central Funds"), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF's portfolio securities. The underlying securities are valued based on the policies and procedures in CCF's statement of additional information. Exchange-traded futures are generally valued at the official settlement price on the exchange or market on which such instruments are traded, as of the close of business on the day the futures are being valued. The average month-end notional amount of futures contracts while held was $721,060,000. Swaps are generally valued using evaluated prices obtained from third-party pricing vendors who calculate these values based on market inputs that may include the yields of the indices referenced in the instrument and the relevant curve, dealer quotes, default probabilities and recovery rates, and terms of the contract. The average month-end notional amounts of credit default swaps while held were $362,435,000.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund's investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund's investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The fund's board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

American High-Income Trust — Page 26 of 29

------

**unaudited**

**Classifications** — The fund's investment adviser classifies the fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund's valuation levels as of June 30, 2025, were as follows (dollars in thousands):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Investment securities | Investment securities | Investment securities | Investment securities |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds, notes & loans | $— | $21014375 | $72730 | $21087105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury bonds & notes |  | 42705 |  | 42705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed obligations |  |  | 12999 | 12999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipals |  | 10353 |  | 10353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Convertible bonds & notes  |  | 20588 |  | 20588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks  | 604003 | 22948 | 285354 | 912305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred securities  |  | 20349 | 57345 | 77694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rights & warrants  | 59 |  | — <br><sup>1</sup><br>| 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities  | 2248572 |  |  | 2248572 |
| Total | $2852634 | $21131318 | $428428 | $24412380 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Other investments<sup>2</sup>  | Other investments<sup>2</sup>  | Other investments<sup>2</sup>  | Other investments<sup>2</sup>  |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on futures contracts | $5055 | $— | $— | $5055 |
| **Liabilities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on centrally cleared credit default swaps |  | (5089)<br>|  | (5089)<br>|
| Total  | $5055 | $(5089)<br>| $— | $(34)<br>|

---

<sup>1</sup>

Amount less than one thousand.

<sup>2</sup>

Futures contracts and credit default swaps are not included in the investment portfolio.

The following table reconciles the valuation of the fund's Level 3 investment securities and related transactions for the nine months ended <br>June 30, 2025 (dollars in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Beginning <br>value at <br>10/1/2024<br>| &nbsp;&nbsp; Transfers <br>into <br>Level 3<sup>3</sup> <br>| Purchases | Sales | &nbsp;&nbsp; Net <br>realized <br>gain (loss)<br>| &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation)<br>| &nbsp;&nbsp; Transfers <br>out of <br>Level 3<sup>3</sup> <br>| &nbsp;&nbsp; Ending <br>value at <br>6/30/2025<br>|
| Investment securities | &nbsp;&nbsp; $491078 | &nbsp;&nbsp; $86255 | &nbsp;&nbsp; $1948 | &nbsp;&nbsp; $(23318)<br>| &nbsp;&nbsp; $(64243)<br>| &nbsp;&nbsp; $16489 | &nbsp;&nbsp; $(79781)<br>| &nbsp;&nbsp; $428428 |
| Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | Net unrealized appreciation (depreciation) during the period on Level 3 investment securities held at June 30, 2025 | &nbsp;&nbsp; $(38818)<br>|

---

<sup>3</sup>

Transfers into or out of Level 3 are based on the beginning market value of the quarter in which they occurred. These transfers are the result of changes in the availability of pricing sources and/or in the observability of significant inputs used in valuing the securities.

American High-Income Trust — Page 27 of 29

------

**unaudited**

**Unobservable inputs** — Valuation of the fund's Level 3 securities is based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The following table provides additional information used by the fund's investment adviser to fair value the fund's Level 3 securities (dollars in thousands):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>6/30/2025<br>| &nbsp;&nbsp;&nbsp; Valuation <br>techniques<br>| &nbsp;&nbsp;&nbsp; Unobservable <br>inputs<br>| Range <br>(if applicable)<br>| &nbsp;&nbsp;&nbsp; Weighted <br>average<sup>1</sup> <br>| &nbsp;&nbsp;&nbsp; Impact to <br>valuation from <br>an increase in <br>input<sup>2</sup> <br>|
| Bonds, notes & other debt <br> instruments | $85729 | &nbsp;&nbsp; Estimated recovery <br> value | Expected proceeds | Not applicable | Not applicable | Not applicable |
| Bonds, notes & other debt <br> instruments | $85729 | &nbsp;&nbsp; Estimated recovery <br> value | De minimis | Not applicable | Not applicable | Not applicable |
| Bonds, notes & other debt <br> instruments | $85729 | Transaction | Transaction price | Not applicable | Not applicable | Not applicable |
| Bonds, notes & other debt <br> instruments | $85729 | &nbsp;&nbsp; Indicative market <br> quotation<br>| Broker quote | Not applicable | Not applicable | Not applicable |
| Common stocks | $285354 | &nbsp;&nbsp; Estimated recovery <br> value | De minimis | Not applicable | Not applicable | Not applicable |
| Common stocks | $285354 | &nbsp;&nbsp; Estimated recovery <br> value | Expected proceeds | Not applicable | Not applicable | Not applicable |
| Common stocks | $285354 | &nbsp;&nbsp; Estimated recovery <br> value | Discount for uncertainty | 20% | 20% | Decrease |
| Common stocks | $285354 | &nbsp;&nbsp; Market compa-<br> rables | EV/EBITDA multiple | 5.9x - 10.0x | 8.6x | Increase |
| Common stocks | $285354 | &nbsp;&nbsp; Market compa-<br> rables | &nbsp;&nbsp; EV/EBITDA-Capital expenditures <br> multiple<br>| 9.9x | 9.9x | Increase |
| Common stocks | $285354 | &nbsp;&nbsp; Market compa-<br> rables | &nbsp;&nbsp; Premium to EV/EBITDA-Capital <br> expenditures multiple<br>| 5% | 5% | Increase |
| Common stocks | $285354 | &nbsp;&nbsp; Market compa-<br> rables | Price to book value multiple | 0.7x | 0.7x | Increase |
| Common stocks | $285354 | &nbsp;&nbsp; Market compa-<br> rables | &nbsp;&nbsp; Premium to price to book value <br> multiple<br>| 40% | 40% | Increase |
| Common stocks | $285354 | &nbsp;&nbsp; Market compa-<br> rables | DLOM | 9% - 15% | 9% | Decrease |
| Preferred securities | $57345 | &nbsp;&nbsp; Market compa-<br> rables | EV/EBITDA multiple | 4.4x | 4.4x | Increase |
| Preferred securities | $57345 | &nbsp;&nbsp; Market compa-<br> rables | DLOM | 15% | 15% | Decrease |
| Preferred securities | $57345 | Yield Analysis | Yield | 10% | 10% | Decrease |
| Rights & warrants | $— <br><sup>3</sup><br>| &nbsp;&nbsp; Estimated recovery <br> value<br>| De minimis | Not applicable | Not applicable | Not applicable |
|  | $428428 |  |  |  |  |  |

---

<sup>1</sup>

Weighted average is by relative fair value.

<sup>2</sup>

This column represents the directional change in fair value of the Level 3 securities that would result in an increase from the corresponding input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements.

<sup>3</sup>

Amount less than one thousand.

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| CAB = Capital Appreciation Bonds |
| CME = CME Group |
| CMS = Constant Maturity Swap |
| DAC = Designated Activity Company |
| DLOM = Discount for lack of marketability |
| EBITDA = Earnings before income taxes, depreciation and amortization |
| EUR = Euros |
| EV = Enterprise value |

---

---

| |
|:---|
| GO = General Obligation |
| LIBOR = London Interbank Offered Rate |
| NDR = Norwegian Depositary Receipts |
| PIK = Payment In Kind |
| REIT = Real Estate Investment Trust |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

American High-Income Trust — Page 28 of 29

------

**unaudited**

**Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.**

**Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.**

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Capital Client Group, Inc., member FINRA.© 2025 Capital Group. All rights reserved.

MFGEFP3-021-0825

American High-Income Trust — Page 29 of 29

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American High Income Trust

- **b. Investment Company Act file number:** 811-05364

- **c. CIK number of Registrant:** 0000823620

- **d. LEI of Registrant:** WRWMC5QCF7WNXYIQUK76

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

  - **Street Address 1:** 333 South Hope Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071-1406

  - **Telephone number:** 9499755000

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

- **a. Name of Series:** American High Income Trust

- **b. EDGAR series identifier (if any):** S000009230

- **c. LEI of Series:** WRWMC5QCF7WNXYIQUK76

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $24860542376.95

**Total Liabilities:** $375028790.46

**Net Assets:** $24485513586.49

**Delayed Delivery Securities:** $64570232.97

**Cash Not Reported:** $42380830.33

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -6678.079799000000 | **1-Year:** -93319.713160000000 | **5-Year:** -256639.172500000000 | **10-Year:** -184924.973800000000 | **30-Year:** -123583.532700000000

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

- **3-Month:** -90543.885710000000 | **1-Year:** -1661112.166000000000 | **5-Year:** -3347835.261000000000 | **10-Year:** -632803.969200000000 | **30-Year:** -73582.267680000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025083 | -0.29%               | 1.10%                | 2.20%                |
| Class ID C000025084 | -0.34%               | 1.04%                | 2.14%                |
| Class ID C000025085 | -0.34%               | 1.04%                | 2.15%                |
| Class ID C000025086 | -0.31%               | 1.08%                | 2.18%                |
| Class ID C000025087 | -0.28%               | 1.10%                | 2.21%                |
| Class ID C000025088 | -0.26%               | 1.13%                | 2.23%                |
| Class ID C000025090 | -0.35%               | 1.03%                | 2.14%                |
| Class ID C000025091 | -0.29%               | 1.10%                | 2.20%                |
| Class ID C000025092 | -0.29%               | 1.10%                | 2.20%                |
| Class ID C000025094 | -0.35%               | 1.03%                | 2.14%                |
| Class ID C000025095 | -0.30%               | 1.08%                | 2.18%                |
| Class ID C000025096 | -0.27%               | 1.11%                | 2.22%                |
| Class ID C000068571 | -0.26%               | 1.12%                | 2.23%                |
| Class ID C000077919 | -0.26%               | 1.13%                | 2.23%                |
| Class ID C000148436 | -0.32%               | 1.06%                | 2.17%                |
| Class ID C000164805 | -0.27%               | 1.12%                | 2.22%                |
| Class ID C000179954 | -0.26%               | 1.13%                | 2.23%                |
| Class ID C000189441 | -0.27%               | 1.12%                | 2.22%                |
| Class ID C000189442 | -0.26%               | 1.12%                | 2.22%                |
| Class ID C000224587 | -0.26%               | 1.12%                | 2.23%                |
| Class ID C000224588 | -0.26%               | 1.12%                | 2.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $19698385.10             | $-219174052.25                             |
| Month 2  | $-36166.03               | $130771601.17                              |
| Month 3  | $127927149.51            | $271718330.48                              |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index

- **Index Identifier:** LF89TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| B&G FOODS INC                                                                   | B&G FOODS INC SR UNSEC 5.25% 09-15-27                                                           | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |  38206000 | PA      | $34827672.66   | 0.14%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                     | BAUSCH HEALTH COS INC 144A LIFE SR UNSEC 5.0% 01-30-28                                          | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   5310000 | PA      | $4377431.25    | 0.02%             | 2028-01-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                     | BAUSCH HEALTH COS INC 144A LIFE SR UNSEC 5.25% 01-30-30                                         | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |  22142000 | PA      | $14040131.49   | 0.06%             | 2030-01-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                                                                       | BALL CORP SR UNSEC 2.875% 08-15-30                                                              | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $2932442.50    | 0.01%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                         | BOOZ ALLEN HAMILTON INC 144A LIFE SR UNSEC 3.875% 09-01-28                                      | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    952000 | PA      | $923764.63     | 0.00%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                     | BAUSCH HEALTH COS INC 144A LIFE SR UNSEC 5.25% 02-15-31                                         | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |  50928000 | PA      | $30088262.40   | 0.12%             | 2031-02-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                            | BWX TECHNOLOGIES INC 144A LIFE SR UNSEC 4.125% 04-15-29                                         | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   3470000 | PA      | $3347939.28    | 0.01%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| BOYNE USA INC                                                                   | BOYNE USA INC 144A LIFE SR UNSEC 4.75% 05-15-29                                                 | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12285000 | PA      | $11928341.88   | 0.05%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                     | BAUSCH HEALTH COS INC 144A LIFE SR SEC 1ST LIEN 4.875% 06-01-28                                 | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |  14700000 | PA      | $12412312.50   | 0.05%             | 2028-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                                | BOYD GAMING CORP 144A LIFE SR UNSEC 4.75% 06-15-31                                              | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |  14975000 | PA      | $14362088.23   | 0.06%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BIP-V CHINOOK HOLDCO LLC                                                        | CQP HOLDCO LP 144A LIFE SR SEC 1ST LIEN 5.5% 06-15-31                                           | CUSIP: 12657NAA8<br>LEI: 254900KE9EMWN8JWL297 | Long             | DBT              | CORP              | US        |  27330000 | PA      | $27017782.08   | 0.11%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                  | BOMBARDIER INC 144A LIFE SR UNSEC 7.125% 06-15-26                                               | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    618000 | PA      | $619679.72     | 0.00%             | 2026-06-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                         | BOOZ ALLEN HAMILTON INC 144A LIFE SR UNSEC 4.0% 07-01-29                                        | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   5633000 | PA      | $5416028.11    | 0.02%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                                                                       | BALL CORP SR UNSEC 3.125% 09-15-31                                                              | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |  33780000 | PA      | $30336061.44   | 0.12%             | 2031-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                           | CIVITAS RESOURCES INC 144A LIFE SR UNSEC 5.0% 10-15-26                                          | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  10025000 | PA      | $9905943.10    | 0.04%             | 2026-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC                                                                       | BLOCK INC SR UNSEC 2.75% 06-01-26                                                               | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |  32650000 | PA      | $31987466.20   | 0.13%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                       | BLOCK INC SR UNSEC 3.5% 06-01-31                                                                | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |  54415000 | PA      | $49955309.85   | 0.20%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC                                                     | BAUSCH HEALTH COS INC 144A LIFE SR SEC 1ST LIEN 11.0% 09-30-28                                  | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |  12950000 | PA      | $12829694.50   | 0.05%             | 2028-09-30      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| BALL CORP                                                                       | BALL CORP SR UNSEC 6.875% 03-15-28                                                              | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |  11915000 | PA      | $12200578.72   | 0.05%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY                                      | MAUSER PACKAGING SOLUTIONS HOLDING CO 144A LIFE SR SEC 2ND LIEN 9.25% 04-15-27                  | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9937240.00    | 0.04%             | 2027-04-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                                                              | BAYTEX ENERGY CORP 144A LIFE SR UNSEC 8.5% 04-30-30                                             | CUSIP: 07317QAJ4<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |  14465000 | PA      | $14484252.92   | 0.06%             | 2030-04-30      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                                                                       | BALL CORP SR UNSEC 6.0% 06-15-29                                                                | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   7100000 | PA      | $7287624.60    | 0.03%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                                                   | B&G FOODS INC 144A LIFE SR SEC 1ST LIEN 8.0% 09-15-28                                           | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |  33635000 | PA      | $32425384.50   | 0.13%             | 2028-09-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                                              | CNX RESOURCES CORP 144A LIFE SR UNSEC 7.25% 03-01-32                                            | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |  34235000 | PA      | $35471465.50   | 0.14%             | 2032-03-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 7.0% 03-15-32                                           | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  34683000 | PA      | $32737665.21   | 0.13%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                               | CLEAN HARBORS INC 144A LIFE SR UNSEC 6.375% 02-01-31                                            | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |   6822000 | PA      | $6994310.08    | 0.03%             | 2031-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                       | CAESARS ENTERTAINMENT INC 144A LIFE SR SEC 1ST LIEN 7.0% 02-15-30                               | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |  50390000 | PA      | $52214470.73   | 0.21%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                                     | CRESCENT ENERGY FINANCE LLC 144A LIFE SR UNSEC 9.25% 02-15-28                                   | CUSIP: 45344LAC7<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |  37186000 | PA      | $38786299.51   | 0.16%             | 2028-02-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 7.38% 03-01-31                                                   | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1764419.15    | 0.01%             | 2031-03-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                        | CLOUD SOFTWARE GROUP INC 144A LIFE SR SEC 2ND LIEN 9.0% 09-30-29                                | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        | 115658000 | PA      | $119989970.39  | 0.49%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 6.75% 04-15-30                                          | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  22369000 | PA      | $21657978.97   | 0.09%             | 2030-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                           | CIVITAS RESOURCES INC 144A LIFE SR UNSEC 8.375% 07-01-28                                        | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  20620000 | PA      | $21138819.82   | 0.09%             | 2028-07-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                           | CIVITAS RESOURCES INC 144A LIFE SR UNSEC 8.75% 07-01-31                                         | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  54508000 | PA      | $55181664.37   | 0.23%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| COTY INC                                                                        | COTY INC 144A LIFE SR SEC 1ST LIEN 6.625% 07-15-30                                              | CUSIP: 22207AAA0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |  11695000 | PA      | $11972767.95   | 0.05%             | 2030-07-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                   | CARNIVAL CORP 144A LIFE SR SEC 1ST LIEN 7.0% 08-15-29                                           | CUSIP: 143658BW1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  10030000 | PA      | $10572432.43   | 0.04%             | 2029-08-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                        | CELANESE US HOLDINGS LLC SR UNSEC 7.05% 11-15-30                                                | CUSIP: 15089QAX2<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   6425000 | PA      | $6766655.80    | 0.03%             | 2030-11-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                        | CELANESE US HOLDINGS LLC SR UNSEC 7.2% 11-15-33                                                 | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1795092.65    | 0.01%             | 2033-11-15      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                           | CIVITAS RESOURCES INC 144A LIFE SR UNSEC 8.625% 11-01-30                                        | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |  16405000 | PA      | $16668349.47   | 0.07%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                          | HARVEST MIDSTREAM I LP 144A LIFE SR UNSEC 7.5% 05-15-32                                         | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |  18210000 | PA      | $19246677.09   | 0.08%             | 2032-05-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                    | HESS MIDSTREAM OPERATIONS LP 144A LIFE SR UNSEC 6.5% 06-01-29                                   | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10285000 | PA      | $10584077.52   | 0.04%             | 2029-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                               | HERC HOLDINGS INC 144A LIFE SR UNSEC 6.625% 06-15-29                                            | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |  10590000 | PA      | $10874436.81   | 0.04%             | 2029-06-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                                           | HIGHTOWER HOLDING LLC 144A LIFE SR UNSEC 9.125% 01-31-30                                        | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4688367.20    | 0.02%             | 2030-01-31      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                                             | HILCORP ENERGY I LP 144A LIFE SR UNSEC 7.25% 02-15-35                                           | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978781.00     | 0.00%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                               | HERC HOLDINGS INC 144A LIFE SR UNSEC 7.25% 06-15-33                                             | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |  27300000 | PA      | $28622712.30   | 0.12%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 5.25% 02-15-26                                                | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |   2545000 | PA      | $2534891.26    | 0.01%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA INC SR UNSEC 4.5% 02-15-27                                                                  | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     71000 | PA      | $71029.68      | 0.00%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA INC SR UNSEC 7.5% 11-15-95                                                                  | CUSIP: 197677AH0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5446145.00    | 0.02%             | 2095-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 4.95% 02-15-27                                                | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  45577000 | PA      | $45015354.63   | 0.18%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS CORP                                                   | HUGHES SATELLITE SYSTEMS CORP SR UNSEC 6.625% 08-01-26                                          | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  67028000 | PA      | $47787143.40   | 0.20%             | 2026-08-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS CORP                                                   | HUGHES SATELLITE SYSTEMS CORP SR SEC 1ST LIEN 5.25% 08-01-26                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  82408000 | PA      | $73420995.56   | 0.30%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                                               | INTERNATIONAL GAME TECHNOLOGY PLC 144A LIFE SR SEC 1ST LIEN 4.125% 04-15-26                     | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   6110000 | PA      | $6110446.03    | 0.02%             | 2026-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| IMOLA MERGER CORP                                                               | IMOLA MERGER CORP 144A LIFE SR SEC 1ST LIEN 4.75% 05-15-29                                      | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4830635.00    | 0.02%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| INGLES MARKETS INC                                                              | INGLES MARKETS INC 144A LIFE SR UNSEC 4.0% 06-15-31                                             | CUSIP: 457030AK0<br>LEI: 549300XH5RYBMYP8TF26 | Long             | DBT              | CORP              | US        |   5070000 | PA      | $4737874.44    | 0.02%             | 2031-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP                                                            | ICAHN ENTERPRISES LP SR SEC 1ST LIEN 4.375% 02-01-29                                            | CUSIP: 451102CC9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |  20865000 | PA      | $17557021.17   | 0.07%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HOLDINGS SA                                                    | INTELSAT JACKSON HOLDINGS SA 144A LIFE SR SEC 1ST LIEN 6.5% 03-15-30                            | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        | 160288000 | PA      | $163845752.45  | 0.67%             | 2030-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC                               | IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC 144A LIFE SR UNSEC 5.0% 07-15-32              | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31600000 | PA      | $30346554.40   | 0.12%             | 2032-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| INEOS FINANCE PLC                                                               | INEOS FINANCE PLC 144A LIFE SR SEC 1ST LIEN 6.75% 05-15-28                                      | CUSIP: 44984WAH0<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |  10200000 | PA      | $10139830.20   | 0.04%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 7.0% 02-15-29                                              | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4402430.50    | 0.02%             | 2029-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| IQVIA INC                                                                       | IQVIA INC 144A LIFE SR UNSEC 6.5% 05-15-30                                                      | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |  15500000 | PA      | $15990993.50   | 0.07%             | 2030-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                           | JANE STREET GROUP 144A LIFE SR SEC 1ST LIEN 6.75% 05-01-33                                      | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |  26420000 | PA      | $27181715.02   | 0.11%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDINGS LLC                                                  | JEFFERSON CAPITAL HOLDINGS LLC 144A LIFE SR UNSEC 8.25% 05-15-30                                | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20410000 | PA      | $21163945.40   | 0.09%             | 2030-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDINGS INC                                                   | JH NORTH AMERICA HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 5.875% 01-31-31                         | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |  12520000 | PA      | $12637149.64   | 0.05%             | 2031-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDINGS INC                                                   | JH NORTH AMERICA HOLDINGS INC 144A LIFE SR UNSEC 6.125% 07-31-32                                | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |  19785000 | PA      | $20125875.77   | 0.08%             | 2032-07-31      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                             | JPMORGAN CHASE & CO SUB 2.956% 05-13-31/30                                                      | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $2867360.50    | 0.01%             | 2031-05-13      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| ZIFF DAVIS INC                                                                  | ZIFF DAVIS INC 144A LIFE SR UNSEC 4.625% 10-15-30                                               | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |    339000 | PA      | $316723.97     | 0.00%             | 2030-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                                             | JAZZ SECURITIES DAC 144A LIFE SR SEC 1ST LIEN 4.375% 01-15-29                                   | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |  16210000 | PA      | $15669185.77   | 0.06%             | 2029-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                                                         | LATAM AIRLINES GROUP SA 144A LIFE SR SEC 1ST LIEN 7.625% 01-07-31                               | CUSIP: 51817RAE6<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |  18896000 | PA      | $19014100.00   | 0.08%             | 2031-01-07      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                                           | BATH & BODY WORKS INC SR UNSEC 6.875% 11-01-35                                                  | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |  32943000 | PA      | $34212030.25   | 0.14%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                                           | BATH & BODY WORKS INC SR UNSEC 6.75% 07-01-36                                                   | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |  20530000 | PA      | $20899108.87   | 0.09%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                              | CLEAR CHANNEL OUTDOOR HOLDINGS INC                                                              | CUSIP: 18453H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    890868 | NS      | $1042315.56    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES INC                                                           | CIVITAS RESOURCES INC                                                                           | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     57659 | NS      | $1586775.68    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMULUS MEDIA INC                                                               | CUMULUS MEDIA INC CL A                                                                          | CUSIP: 231082801<br>LEI: 549300OW8SUYVNKSAC51 | Long             | EC               | CORP              | US        |    561836 | NS      | $68431.62      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                             | DIEBOLD NIXDORF INC (NEW)                                                                       | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |   5800284 | NS      | $321335733.60  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENT RESOURCES LLC                                                            | ASCENT RESOURCES LLC CL A PP (PHYSICAL) (NOT LISTED OR TRADING)                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    905325 | NS      | $44750214.75   | 0.18%             |  |  |  | No            |                  3 | On Loan: No      |
| ALTERA INFRASTRUCTURE LP                                                        | ALTERA INFRASTRUCTURE LP (NEW) (DRS) (NOT LISTED OR TRADING)                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |    123978 | NS      | $3828453.92    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| AIMBRIDGE TOPCO LLC                                                             | AIMBRIDGE TOPCO LLC (DRS) (NOT LISTED OR TRADING)                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1145929 | NS      | $86265535.12   | 0.35%             |  |  |  | No            |                  3 | On Loan: No      |
| CONSTELLATION OIL SERVICES HOLDING SA                                           | CONSTELLATION OIL SERVICES HOLDING SA NDR                                                       | CUSIP: N/A<br>LEI: 54930059EGCX1QIQVD73       | Long             | EC               | CORP              | LU        | 166478112 | NS      | $74325009.82   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DSG TOPCO INC                                                                   | DSG TOPCO INC (DRS) (NOT LISTED OR TRADING)                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     38232 | NS      | $579845.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDO INC                                                                        | ENDO INC 1L 7.5 ESCROW (NOT LISTED OR TRADING)                                                  | CUSIP: 698ESCAA8<br>LEI: N/A                  | Long             | EC               | CORP              | US        | 110659000 | NS      | $11.07         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ENDO INC                                                                        | ENDO INC 1L 6.875 ESCROW (NOT LISTED OR TRADING)                                                | CUSIP: 292ESCB17<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  10374000 | NS      | $1.04          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ENDO INC                                                                        | ENDO INC 1L 6.125 ESCROW (NOT LISTED OR TRADING)                                                | CUSIP: 292ESCB09<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  12320000 | NS      | $1.23          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ENDO INC                                                                        | ENDO GUC TRUST CL A-1 144A (NOT LISTED OR TRADING)                                              | CUSIP: 29281F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3784392 | NS      | $2106014.15    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ACR III LSC HOLDINGS LLC                                                        | ACR III LSC HOLDINGS LLC PFD SER B 144A (DRS) (NOT LISTED OR TRADING)                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     13566 | NS      | $19488296.38   | 0.08%             |  |  |  | No            |                  3 | On Loan: No      |
| MYT HOLDING LLC                                                                 | MYT HOLDING CO CL B (NOT LISTED OR TRADING)                                                     | CUSIP: 55406N103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3193103 | NS      | $1077672.26    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MCDERMOTT INTERNATIONAL LTD                                                     | MCDERMOTT INTERNATIONAL LTD PP 144A (NOT LISTED OR TRADING)                                     | CUSIP: 58004K406<br>LEI: 54930004RAXI4B3L4752 | Long             | EC               | CORP              | US        |     13965 | NS      | $153615.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MALLINCKRODT PLC                                                                | MALLINCKRODT PLC (NEW) (DRS) (NOT LISTED OR TRADING)                                            | CUSIP: N/A<br>LEI: 549300LMDE3RUP8Z3L60       | Long             | EC               | CORP              | GB        |     62717 | NS      | $5330945.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MCDERMOTT INTERNATIONAL LTD                                                     | MCDERMOTT INTERNATIONAL LTD (DRS)                                                               | CUSIP: N/A<br>LEI: 54930004RAXI4B3L4752       | Long             | EC               | CORP              | US        |    107613 | NS      | $1183743.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INTELSAT SA                                                                     | INTELSAT SA (NOT LISTED OR TRADING)                                                             | CUSIP: N/A<br>LEI: 549300YV2L21F4K80V46       | Long             | EC               | CORP              | LU        |    319194 | NS      | $13853019.60   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                         | NEW FORTRESS ENERGY INC CL A (DRS)                                                              | CUSIP: 644393100<br>LEI: 254900EICTYTCHA5X705 | Long             | EC               | CORP              | US        |   2594469 | NS      | $8613637.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BIGHORN PERMIAN RESOURCES LLC                                                   | BIGHORN PERMIAN RESOURCES LLC UNIT (NOT LISTED OR TRADING)                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     42744 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MESQUITE ENERGY INC                                                             | MESQUITE ENERGY INC DRS (NOT LISTED OR TRADING)                                                 | CUSIP: N/A<br>LEI: 549300SB0HTIM17TVR61       | Long             | EC               | CORP              | US        |    109992 | NS      | $6235436.28    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| VENATOR MATERIALS PLC                                                           | VENATOR MATERIALS PLC (1145 SHARES)                                                             | CUSIP: N/A<br>LEI: 549300WFXC4YL5IHX316       | Long             | EC               | CORP              | GB        |     68896 | NS      | $0.01          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AH PARENT INC                                                                   | AH PARENT INC CL A PFD 10.50% PRP PP (NOT LISTED OR TRADING)                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     36740 | NS      | $37856528.60   | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CONSTELLATION OIL SERVICES HOLDING SA                                           | CONSTELLATION OIL SERVICES HOLDING SA D WTS @ USD 10.08 06-10-71 (NOT LISTED OR TRADING)        | CUSIP: N/A<br>LEI: 54930059EGCX1QIQVD73       | Long             | EC               | CORP              | LU        |        19 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MCDERMOTT INTL INC                                                              | MCDERMOTT INTL INC TRANCHE A WTS 0.014246:1 @ USD 487.626056 06-30-27                           | CUSIP: N/A<br>LEI: ZAKWBIG8QLOPMZ888610       | Long             | EC               | CORP              | US        |    400530 | NS      | $0.04          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MCDERMOTT INTL INC                                                              | MCDERMOTT INTL INC TRANCHE B WTS 0.014246:1 @ USD 629.957283 06-30-27                           | CUSIP: N/A<br>LEI: ZAKWBIG8QLOPMZ888610       | Long             | EC               | CORP              | US        |    445033 | NS      | $0.04          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | EXPAND ENERGY CORP (NEW)                                                                        | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     49800 | NS      | $5823612.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | EXPAND ENERGY CORP CL C WTS @ USD 29.99 02-09-26                                                | CUSIP: 165167180<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       572 | NS      | $58996.08      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                          | CREDIT SUISSE GROUP AG PRP 0.0% 12-31-79                                                        | CUSIP: N/A<br>LEI: 549300506SI9CRFV9Z86       | Long             | DBT              | CORP              | CH        |   2295000 | PA      | $177862.50     | 0.00%             | 2079-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                   | ECHOSTAR CORP CV SR UNSEC PIK 3.875% 11-30-30                                                   | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |  17447943 | PA      | $20588572.74   | 0.08%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                | LAMAR MEDIA CORP SR UNSEC 3.625% 01-15-31                                                       | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10350000 | PA      | $9571669.65    | 0.04%             | 2031-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                                               | OWENS & MINOR INC 144A LIFE SR UNSEC 6.625% 04-01-30                                            | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        | 116725000 | PA      | $109753482.65  | 0.45%             | 2030-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                           | MINERAL RESOURCES LTD 144A LIFE SR UNSEC 8.5% 05-01-30                                          | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |  16429000 | PA      | $16360540.36   | 0.07%             | 2030-05-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| 3R LUX SARL                                                                     | 3R LUX SARL 144A LIFE SR SEC 1ST LIEN 9.75% 02-05-31                                            | CUSIP: 88563PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   7395000 | PA      | $7483924.88    | 0.03%             | 2031-02-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP SR UNSEC 4.5% 04-30-30                                                                | CUSIP: 86765LAZ0<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  38700000 | PA      | $37241242.20   | 0.15%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMBIPAR LUX SARL                                                                | AMBIPAR LUX SARL 144A LIFE SR UNSEC 9.875% 02-06-31                                             | CUSIP: 02319WAA9<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |   4934000 | PA      | $4666735.09    | 0.02%             | 2031-02-06      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                                                     | ALLIED UNIVERSAL HOLDCO LLC 144A LIFE SR SEC 1ST LIEN 7.875% 02-15-31                           | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |  11565000 | PA      | $12092155.83   | 0.05%             | 2031-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| AMER SPORTS CO                                                                  | AMER SPORTS CO 144A LIFE SR SEC 1ST LIEN 6.75% 02-16-31                                         | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1177377.51    | 0.00%             | 2031-02-16      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                                                           | AAR ESCROW ISSUER LLC 144A LIFE SR UNSEC 6.75% 03-15-29                                         | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5701000 | PA      | $5911868.59    | 0.02%             | 2029-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ALLIANCE RESOURCE OPERATING PARTNERS LP                                         | ALLIANCE RESOURCE OPERATING PARTNERS LP 144A LIFE SR UNSEC 8.625% 06-15-29                      | CUSIP: 01879NAC9<br>LEI: 2549007036KGPSVTHP54 | Long             | DBT              | CORP              | US        |  19091000 | PA      | $20303335.77   | 0.08%             | 2029-06-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ACURIS FINANCE US INC                                                           | ACURIS FINANCE US INC 144A LIFE SR SEC 1ST LIEN 9.0% 08-01-29                                   | CUSIP: 00511BAE7<br>LEI: 213800PHEXJH1L7ZN896 | Long             | DBT              | CORP              | US        |  30950000 | PA      | $31761075.70   | 0.13%             | 2029-08-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                                                            | AMENTUM HOLDINGS INC 144A LIFE SR UNSEC 7.25% 08-01-32                                          | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |  22960000 | PA      | $23645539.68   | 0.10%             | 2032-08-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP                                                            | ARCHROCK PARTNERS LP 144A LIFE SR UNSEC 6.625% 09-01-32                                         | CUSIP: 03959KAD2<br>LEI: 549300YFKOM2XNCKQU76 | Long             | DBT              | CORP              | US        |  10210000 | PA      | $10409125.63   | 0.04%             | 2032-09-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| AVIENT CORP                                                                     | AVIENT CORP 144A LIFE SR UNSEC 6.25% 11-01-31                                                   | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   5495000 | PA      | $5549801.64    | 0.02%             | 2031-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC                                                      | AVIS BUDGET CAR RENTAL LLC 144A LIFE SR UNSEC 8.25% 01-15-30                                    | CUSIP: 053773BJ5<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |  10150000 | PA      | $10609338.25   | 0.04%             | 2030-01-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR SEC 1ST LIEN 6.5% 10-01-31                       | CUSIP: 01883LAG8<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |  23144000 | PA      | $23603385.26   | 0.10%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR UNSEC 7.375% 10-01-32                            | CUSIP: 01883LAH6<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |  53160000 | PA      | $54864522.24   | 0.22%             | 2032-10-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES UTICA HOLDINGS LLC                                             | ASCENT RESOURCES UTICA HOLDINGS LLC 144A LIFE SR UNSEC 6.62% 10-15-32                           | CUSIP: 04364VAX1<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |  12100000 | PA      | $12322978.80   | 0.05%             | 2032-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| APA CORP                                                                        | APA CORP 144A SR UNSEC 4.75% 04-15-43                                                           | CUSIP: 03743QAK4<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    520000 | PA      | $397353.84     | 0.00%             | 2043-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| AMBIPAR LUX SARL                                                                | AMBIPAR LUX SARL 144A LIFE SR UNSEC 10.875% 02-05-33                                            | CUSIP: 02319WAB7<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |   5029000 | PA      | $4765309.41    | 0.02%             | 2033-02-05      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                             | AXON ENTERPRISE INC 144A LIFE SR UNSEC 6.125% 03-15-30                                          | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |  22670000 | PA      | $23369596.20   | 0.10%             | 2030-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                             | AXON ENTERPRISE INC 144A LIFE SR UNSEC 6.25% 03-15-33                                           | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |  31145000 | PA      | $32146685.49   | 0.13%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ALBION FINANCING 1 SARL / AGGREKO HOLDINGS INC                                  | ALBION FINANCING 1 SARL 144A LIFE SR UNSEC 7.0% 05-21-30                                        | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |  27575000 | PA      | $28209969.53   | 0.12%             | 2030-05-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                                                     | ALLIED UNIVERSAL HOLDCO LLC 144A LIFE SR SEC 1ST LIEN 6.875% 06-15-30                           | CUSIP: 019576AF4<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |  33830000 | PA      | $34320670.32   | 0.14%             | 2030-06-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES UTICA HOLDINGS LLC                                             | ASCENT RESOURCES UTICA HOLDINGS LLC 144A LIFE SR UNSEC 6.625% 07-15-33                          | CUSIP: 04364VBA0<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |  11660000 | PA      | $11836742.28   | 0.05%             | 2033-07-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                            | HOWMET AEROSPACE INC SR UNSEC 5.95% 02-01-37                                                    | CUSIP: 013817AK7<br>LEI: ABPN11VOHLHX6QR7XQ48 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3187659.00    | 0.01%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PARTNERS LP                                                            | AMERIGAS PARTNERS LP SR UNSEC 5.75% 05-20-27                                                    | CUSIP: 030981AL8<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |   5878000 | PA      | $5839216.96    | 0.02%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                                            | ARAMARK SERVICES INC 144A LIFE SR UNSEC 5.0% 02-01-28                                           | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |  18695000 | PA      | $18637718.52   | 0.08%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC/AVIS BUDGET FINANCE INC                              | AVIS BUDGET CAR RENTAL LLC 144A LIFE SR UNSEC 5.75% 07-15-27                                    | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1534000 | PA      | $1530792.41    | 0.01%             | 2027-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                | ARCELORMITTAL SA SR UNSEC 4.25% 07-16-29                                                        | CUSIP: 03938LBC7<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    940000 | PA      | $928697.44     | 0.00%             | 2029-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                                              | OSAIC HOLDINGS INC 144A LIFE SR UNSEC 10.75% 08-01-27                                           | CUSIP: 00791GAA5<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |  85774000 | PA      | $86034667.19   | 0.35%             | 2027-08-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC                                                      | AVIS BUDGET CAR RENTAL LLC 144A LIFE SR UNSEC 4.75% 04-01-28                                    | CUSIP: 053773BG1<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $971018.00     | 0.00%             | 2028-04-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP LTD                                                       | AMERICAN AIRLINES INC 144A LIFE SR SEC 1ST LIEN SF 5.5% 04-20-26                                | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1753333 | PA      | $1750405.25    | 0.01%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ARETEC GROUP INC                                                                | ARETEC GROUP INC 144A LIFE SR UNSEC 7.5% 04-01-29                                               | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |  68455000 | PA      | $69351281.32   | 0.28%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                                     | CRESCENT ENERGY FINANCE LLC 144A LIFE SR UNSEC 7.625% 04-01-32                                  | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |  44270000 | PA      | $43262414.80   | 0.18%             | 2032-04-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| COUGAR JV SUBSIDIARY LLC                                                        | COUGAR JV SUBSIDIARY LLC 144A LIFE SR UNSEC 8.0% 05-15-32                                       | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  33855000 | PA      | $36120475.04   | 0.15%             | 2032-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                        | CLOUD SOFTWARE GROUP INC 144A LIFE SR SEC 1ST LIEN 8.25% 06-30-32                               | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |  43685000 | PA      | $46531470.92   | 0.19%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| CUMULUS MEDIA NEW HOLDINGS INC                                                  | CUMULUS MEDIA NEW HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 8.0% 07-01-29                          | CUSIP: 23110AAB2<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $1977500.00    | 0.01%             | 2029-07-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORP                                                       | CALIFORNIA RESOURCES CORP 144A LIFE SR UNSEC 8.25% 06-15-29                                     | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |  11625000 | PA      | $11941746.38   | 0.05%             | 2029-06-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                                     | CRESCENT ENERGY FINANCE LLC 144A LIFE SR UNSEC 7.375% 01-15-33                                  | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |  36465000 | PA      | $34889201.49   | 0.14%             | 2033-01-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICES INC                                                   | CONCENTRA HEALTH SERVICES INC 144A LIFE SR UNSEC 6.875% 07-15-32                                | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    695000 | PA      | $720446.73     | 0.00%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CONNECT FINCO SARL / CONNECT US FINCO LLC                                       | CONNECT FINCO SARL 144A LIFE SR SEC 1ST LIEN 9.0% 09-15-29                                      | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        | 155114000 | PA      | $156103317.09  | 0.64%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 6.875% 11-01-29                                         | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  57122000 | PA      | $56289960.95   | 0.23%             | 2029-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 7.375% 05-01-33                                         | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   6155000 | PA      | $5783496.51    | 0.02%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION OIL SERVICES HOLDING SA                                           | CONSTELLATION OIL SERVICES HOLDING SA 144A LIFE SR SEC 1ST LIEN SF 9.375% 11-07-29              | CUSIP: 650921AA7<br>LEI: 54930059EGCX1QIQVD73 | Long             | DBT              | CORP              | LU        |  49175000 | PA      | $50084737.50   | 0.20%             | 2029-11-07      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                 | CVS HEALTH CORP SUB (H) 6.75% 12-10-54/34                                                       | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5023390.00    | 0.02%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                                                   | COMMSCOPE LLC 144A LIFE SR SEC 1ST LIEN 9.5% 12-15-31                                           | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |  15400000 | PA      | $16138383.80   | 0.07%             | 2031-12-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                   | CARNIVAL CORP 144A LIFE SR UNSEC 6.12% 02-15-33                                                 | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  90995000 | PA      | $93158588.12   | 0.38%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 7.5% 09-15-31                                           | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  48060000 | PA      | $46392318.00   | 0.19%             | 2031-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CMS ENERGY CORP                                                                 | CMS ENERGY CORP SUB (H) 6.5% 06-01-55/35                                                        | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |  11425000 | PA      | $11480902.53   | 0.05%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                                               | CHORD ENERGY CORP 144A LIFE SR UNSEC 6.75% 03-15-33                                             | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |  33530000 | PA      | $34275975.44   | 0.14%             | 2033-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                        | CELANESE US HOLDINGS LLC SR UNSEC 6.5% 04-15-30                                                 | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   8040000 | PA      | $8235355.92    | 0.03%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                        | CELANESE US HOLDINGS LLC SR UNSEC 6.75% 04-15-33                                                | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  33445000 | PA      | $33819450.22   | 0.14%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP                                                            | CAPSTONE COPPER CORP 144A LIFE SR UNSEC 6.75% 03-31-33                                          | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |   5775000 | PA      | $5916972.60    | 0.02%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| COREWEAVE INC                                                                   | COREWEAVE INC 144A LIFE SR UNSEC 9.25% 06-01-30                                                 | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |  10600000 | PA      | $10845739.80   | 0.04%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                                    | CALPINE CORP 144A LIFE SR SEC 1ST LIEN 4.5% 02-15-28                                            | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3970076.00    | 0.02%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                                    | CALPINE CORP 144A LIFE SR UNSEC 5.125% 03-15-28                                                 | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   8282000 | PA      | $8277900.41    | 0.03%             | 2028-03-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CSN INOVA VENTURES                                                              | CSN INOVA VENTURES 144A LIFE SR UNSEC 6.75% 01-28-28                                            | CUSIP: 12642KAB0<br>LEI: 222100R8R68DM7VM3661 | Long             | DBT              | CORP              | KY        |   2820000 | PA      | $2668207.86    | 0.01%             | 2028-01-28      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | ENERGY TRANSFER LP 144A LIFE SR UNSEC 6.0% 02-01-29                                             | CUSIP: 226373AR9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1524292.50    | 0.01%             | 2029-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORP                                                       | CALIFORNIA RESOURCES CORP 144A LIFE SR UNSEC 7.125% 02-01-26                                    | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |   3121000 | PA      | $3135818.51    | 0.01%             | 2026-02-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                | CHS 144A LIFE SR SEC 1ST LIEN 4.75% 02-15-31                                                    | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  21500000 | PA      | $18398152.00   | 0.08%             | 2031-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 7.35% 11-04-27                                                | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1755663.26    | 0.01%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN 8.625% 03-15-31                  | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5225000 | PA      | $5555836.55    | 0.02%             | 2031-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| FXI HOLDINGS INC                                                                | FXI HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 12.25% 11-15-26                                      | CUSIP: 36120RAE9<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        | 140826000 | PA      | $124665934.85  | 0.51%             | 2026-11-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 7.2% 06-10-30                                                 | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4060000 | PA      | $4274392.36    | 0.02%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC                                                            | FORTREA HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 7.5% 07-01-30                                    | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |    795000 | PA      | $720607.88     | 0.00%             | 2030-07-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 7.122% 11-07-33                                               | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3225000 | PA      | $3348572.33    | 0.01%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP                                                               | GENESIS ENERGY LP SR UNSEC 7.875% 05-15-32                                                      | CUSIP: 37185LAQ5<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |  56140000 | PA      | $58419620.84   | 0.24%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                                                      | GRIFOLS SA EUR 144A LIFE SR SEC 1ST LIEN 7.5% 05-01-30                                          | CUSIP: N/A<br>LEI: 959800HSSNXWRKBK4N60       | Long             | DBT              | CORP              | ES        |  25775000 | PA      | $31837420.06   | 0.13%             | 2030-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                  | GRAY MEDIA INC 144A LIFE SR SEC 1ST LIEN 10.5% 07-15-29                                         | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |  98000000 | PA      | $105357350.00  | 0.43%             | 2029-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                                                      | GRIFOLS SA EUR 144A LIFE SR UNSEC 3.875% 10-15-28                                               | CUSIP: N/A<br>LEI: 959800HSSNXWRKBK4N60       | Long             | DBT              | CORP              | ES        |   7750000 | PA      | $8755476.16    | 0.04%             | 2028-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GENTING NEW YORK LLC / GENNY CAPITAL INC                                        | GENTING NEW YORK LLC 144A LIFE SR UNSEC 7.25% 10-01-29                                          | CUSIP: 37255JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  28940000 | PA      | $30047186.52   | 0.12%             | 2029-10-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| MAGNERA CORP                                                                    | MAGNERA CORP 144A LIFE SR SEC 1ST LIEN 7.25% 11-15-31                                           | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |  13000000 | PA      | $12269075.00   | 0.05%             | 2031-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| GARDA WORLD SECURITY CORP                                                       | GARDA WORLD SECURITY CORP 144A LIFE SR UNSEC 8.375% 11-15-32                                    | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |  43865000 | PA      | $45096466.01   | 0.18%             | 2032-11-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| GREAT CANADIAN GAMING CORP                                                      | GREAT CANADIAN GAMING CORP 144A LIFE SR SEC 1ST LIEN 8.75% 11-15-29                             | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | CA        |  43396000 | PA      | $42507423.50   | 0.17%             | 2029-11-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL AUTO HOLDINGS PLC                                                        | GLOBAL AUTO HOLDINGS LTD 144A LIFE SR UNSEC 11.5% 08-15-29                                      | CUSIP: 00033YAA4<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |  12970000 | PA      | $12703907.48   | 0.05%             | 2029-08-15      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL CO INC                                                 | GENERAL MOTORS FINANCIAL CO INC SR UNSEC 5.9% 01-07-35                                          | CUSIP: 37045XFC5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  12850000 | PA      | $12925802.15   | 0.05%             | 2035-01-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                 | GEN DIGITAL INC 144A LIFE SR UNSEC 6.25% 04-01-33                                               | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |  17350000 | PA      | $17859083.70   | 0.07%             | 2033-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP/MA                                                           | GLOBAL PARTNERS LP 144A LIFE SR UNSEC 7.125% 07-01-33                                           | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6535000 | PA      | $6631352.04    | 0.03%             | 2033-07-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                  | GRAY MEDIA INC 144A LIFE SR UNSEC 7.0% 05-15-27                                                 | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   8025000 | PA      | $8027945.18    | 0.03%             | 2027-05-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| GENESIS ENERGY LP                                                               | GENESIS ENERGY LP SR UNSEC 7.75% 02-01-28                                                       | CUSIP: 37185LAL6<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |   8635000 | PA      | $8768617.99    | 0.04%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                     | GARTNER INC 144A LIFE SR UNSEC 4.5% 07-01-28                                                    | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |  14075000 | PA      | $13938472.50   | 0.06%             | 2028-07-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| GARTNER INC                                                                     | GARTNER INC 144A LIFE SR UNSEC 3.75% 10-01-30                                                   | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2809209.00    | 0.01%             | 2030-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                  | GRAY MEDIA INC 144A LIFE SR UNSEC 4.75% 10-15-30                                                | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |  13162000 | PA      | $9970215.00    | 0.04%             | 2030-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP/MA                                                           | GLOBAL PARTNERS LP SR UNSEC 6.875% 01-15-29                                                     | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2997382.90    | 0.01%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                                                     | GAP INC 144A LIFE SR UNSEC 3.625% 10-01-29                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   3225000 | PA      | $2999250.00    | 0.01%             | 2029-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| GAP INC/THE                                                                     | GAP INC 144A LIFE SR UNSEC 3.875% 10-01-31                                                      | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   2148000 | PA      | $1930684.69    | 0.01%             | 2031-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                                                      | GRIFOLS SA 144A LIFE SR UNSEC 4.75% 10-15-28                                                    | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |  47400000 | PA      | $45596524.80   | 0.19%             | 2028-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MAGNERA CORP                                                                    | MAGNERA CORP 144A LIFE SR UNSEC 4.75% 11-15-29                                                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $17692800.00   | 0.07%             | 2029-11-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                  | GRAY MEDIA INC 144A LIFE SR UNSEC 5.375% 11-15-31                                               | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |  58930000 | PA      | $44238515.28   | 0.18%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC                                                      | FERTITTA ENTERTAINMENT LLC 144A LIFE SR UNSEC 6.75% 01-15-30                                    | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  57123000 | PA      | $52759202.66   | 0.22%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC                                                      | FERTITTA ENTERTAINMENT LLC 144A LIFE SR SEC 1ST LIEN 4.625% 01-15-29                            | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  37240000 | PA      | $35692380.08   | 0.15%             | 2029-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| GENESIS ENERGY LP                                                               | GENESIS ENERGY LP SR UNSEC 8.875% 04-15-30                                                      | CUSIP: 37185LAN2<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |  25863000 | PA      | $27481144.46   | 0.11%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                                                        | BOOST NEWCO BORROWER LLC 144A LIFE SR SEC 1ST LIEN 7.5% 01-15-31                                | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |  40795000 | PA      | $43333468.88   | 0.18%             | 2031-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| GENESIS ENERGY LP                                                               | GENESIS ENERGY LP SR UNSEC 8.25% 01-15-29                                                       | CUSIP: 37185LAP7<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |  33320000 | PA      | $34863215.80   | 0.14%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP/MA                                                           | GLOBAL PARTNERS LP 144A LIFE SR UNSEC 8.25% 01-15-32                                            | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9000000 | PA      | $9472473.00    | 0.04%             | 2032-01-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE 2 PLC                                                       | HOWDEN UK REFINANCE 2 PLC 144A LIFE SR UNSEC 8.125% 02-15-32                                    | CUSIP: 44287DAA1<br>LEI: 875500O63ODR8S3K5X33 | Long             | DBT              | CORP              | GB        |   7275000 | PA      | $7602404.10    | 0.03%             | 2032-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC                                                         | HOWDEN UK REFINANCE PLC 144A LIFE SR SEC 1ST LIEN 7.25% 02-15-31                                | CUSIP: 44287GAA4<br>LEI: 87550008DPN8BDG67910 | Long             | DBT              | CORP              | GB        |  17230000 | PA      | $17855655.76   | 0.07%             | 2031-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HELIOS SOFTWARE HOLDINGS INC                                                    | HELIOS SOFTWARE HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 8.75% 05-01-29                           | CUSIP: 42329HAB4<br>LEI: 2138002XO5EAYFHPPT53 | Long             | DBT              | CORP              | US        |  92625000 | PA      | $95358826.88   | 0.39%             | 2029-05-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                    | HESS MIDSTREAM OPERATIONS LP 144A LIFE SR UNSEC 5.875% 03-01-28                                 | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20655000 | PA      | $20975792.81   | 0.09%             | 2028-03-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                               | HYATT HOTELS CORP SR UNSEC 5.75% 03-30-32                                                       | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   6572000 | PA      | $6749516.29    | 0.03%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                               | HERC HOLDINGS INC 144A LIFE SR UNSEC 7.0% 06-15-30                                              | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |  21840000 | PA      | $22822406.88   | 0.09%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP                                            | LADDER CAPITAL FINANCE HOLDINGS LLLP 144A LIFE SR UNSEC 5.25% 10-01-25                          | CUSIP: 505742AG1<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |   7414000 | PA      | $7415979.54    | 0.03%             | 2025-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                                                   | LIVE NATION ENTERTAINMENT INC 144A LIFE SR UNSEC 4.75% 10-15-27                                 | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |  10235000 | PA      | $10131606.03   | 0.04%             | 2027-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                | LPL HOLDINGS INC 144A LIFE SR UNSEC 4.625% 11-15-27                                             | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   8085000 | PA      | $8071813.37    | 0.03%             | 2027-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP                                            | LADDER CAPITAL FINANCE HOLDINGS LLLP 144A LIFE SR UNSEC 4.25% 02-01-27                          | CUSIP: 505742AM8<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |  24411000 | PA      | $24082183.83   | 0.10%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                                                        | LAMB WESTON HOLDINGS INC 144A LIFE SR UNSEC 4.875% 05-15-28                                     | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1810394.04    | 0.01%             | 2028-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                                               | LITHIA MOTORS INC 144A LIFE SR UNSEC 4.375% 01-15-31                                            | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |  17130000 | PA      | $16300137.15   | 0.07%             | 2031-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC                                                             | LIGADO NETWORKS LLC 144A LIFE SR SEC 1ST LIEN PIK 17.5% 01-31-26                                | CUSIP: 53225HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  66505262 | PA      | $22944315.39   | 0.09%             | 2026-01-31      | Variable      | 17.50%                | Yes           |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                                                   | LIVE NATION ENTERTAINMENT INC 144A LIFE SR SEC 1ST LIEN 3.75% 01-15-28                          | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   5605000 | PA      | $5437657.12    | 0.02%             | 2028-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                           | LEVEL 3 FINANCING INC 144A LIFE SR UNSEC 3.75% 07-15-29                                         | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |  11500000 | PA      | $9731875.00    | 0.04%             | 2029-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| LEVI STRAUSS & CO                                                               | LEVI STRAUSS & CO 144A LIFE SR UNSEC 3.5% 03-01-31                                              | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |  23585000 | PA      | $21604921.33   | 0.09%             | 2031-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                | LPL HOLDINGS INC 144A LIFE SR UNSEC 4.0% 03-15-29                                               | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   6610000 | PA      | $6422811.41    | 0.03%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS II LLC                                                 | LCM INVESTMENTS HOLDINGS II LLC 144A LIFE SR UNSEC 4.875% 05-01-29                              | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |  74054000 | PA      | $72074980.90   | 0.29%             | 2029-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                | LPL HOLDINGS INC 144A LIFE SR UNSEC 4.375% 05-15-31                                             | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |  12700000 | PA      | $12157125.80   | 0.05%             | 2031-05-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                                               | LITHIA MOTORS INC 144A LIFE SR UNSEC 3.875% 06-01-29                                            | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |  29794000 | PA      | $28437926.09   | 0.12%             | 2029-06-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP                                            | LADDER CAPITAL FINANCE HOLDINGS LLLP 144A LIFE SR UNSEC 4.75% 06-15-29                          | CUSIP: 505742AP1<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |   9063000 | PA      | $8830679.06    | 0.04%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| LSB INDUSTRIES INC                                                              | LSB INDUSTRIES INC 144A LIFE SR SEC 1ST LIEN 6.25% 10-15-28                                     | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2717468.65    | 0.01%             | 2028-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| OSAIC FINANCIAL SERVICES INC                                                    | OSAIC FINANCIAL SVCS INC SR UNSEC 6.5% 11-30-27                                                 | CUSIP: 50575Q300<br>LEI: 549300VFWKFWGJQPSE62 | Long             | DBT              | CORP              | US        |     80000 | PA      | $1685200.00    | 0.01%             | 2027-11-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                                                        | LAMB WESTON HOLDINGS INC 144A LIFE SR UNSEC 4.125% 01-31-30                                     | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |  37760000 | PA      | $36048188.16   | 0.15%             | 2030-01-31      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                                                        | LAMB WESTON HOLDINGS INC 144A LIFE SR UNSEC 4.375% 01-31-32                                     | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |  16115000 | PA      | $15152853.93   | 0.06%             | 2032-01-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC                                                        | LINDBLAD EXPEDITIONS LLC 144A LIFE SR SEC 1ST LIEN 6.75% 02-15-27                               | CUSIP: 53523LAA8<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |   4075000 | PA      | $4101564.93    | 0.02%             | 2027-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC                                             | MITER BRANDS ACQUISITION HOLDCO INC 144A LIFE SR SEC 1ST LIEN 6.75% 04-01-32                    | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6789000 | PA      | $6967435.29    | 0.03%             | 2032-04-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                                            | MATADOR RESOURCES CO 144A LIFE SR UNSEC 6.5% 04-15-32                                           | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |  15360000 | PA      | $15378140.16   | 0.06%             | 2032-04-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MURPHY OIL CORP                                                                 | MURPHY OIL CORP SR UNSEC 6.0% 10-01-32                                                          | CUSIP: 626717AP7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |  12420000 | PA      | $11854008.18   | 0.05%             | 2032-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                                            | MATADOR RESOURCES CO 144A LIFE SR UNSEC 6.25% 04-15-33                                          | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |  17415000 | PA      | $17329788.41   | 0.07%             | 2033-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                           | MOLINA HEALTHCARE INC 144A LIFE SR UNSEC 6.25% 01-15-33                                         | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |  34160000 | PA      | $34792779.84   | 0.14%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| METHANEX US OPERATIONS INC                                                      | METHANEX US OPERATIONS INC 144A LIFE SR UNSEC 6.25% 03-15-32                                    | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16510000 | PA      | $16472984.58   | 0.07%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR UNSEC 6.75% 10-15-27                             | CUSIP: 01883LAA1<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |  34600000 | PA      | $34651381.00   | 0.14%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ARD FINANCE SA                                                                  | ARD FINANCE SA 144A LIFE SR SEC 1ST LIEN PIK 6.5% 06-30-27                                      | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |   9128370 | PA      | $433597.58     | 0.00%             | 2027-06-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES INC                                                        | ALBERTSONS COS INC 144A LIFE SR UNSEC 4.625% 01-15-27                                           | CUSIP: 013092AC5<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   7215000 | PA      | $7176277.10    | 0.03%             | 2027-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP                                                            | ARCHROCK PARTNERS LP 144A LIFE SR UNSEC 6.25% 04-01-28                                          | CUSIP: 03959KAC4<br>LEI: 549300YFKOM2XNCKQU76 | Long             | DBT              | CORP              | US        |   5720000 | PA      | $5742508.20    | 0.02%             | 2028-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES INC                                                        | ALBERTSONS COS INC 144A LIFE SR UNSEC 4.875% 02-15-30                                           | CUSIP: 013092AE1<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   8665000 | PA      | $8526975.22    | 0.03%             | 2030-02-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| AG ISSUER LLC                                                                   | AG ISSUER LLC 144A LIFE SR SEC 1ST LIEN 6.25% 03-01-28                                          | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  37301000 | PA      | $37331512.22   | 0.15%             | 2028-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS LLC                                                      | AXALTA COATING SYSTEMS LLC 144A LIFE SR UNSEC 4.75% 06-15-27                                    | CUSIP: 05454NAA7<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   6495000 | PA      | $6459615.24    | 0.03%             | 2027-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                             | AVANTOR FUNDING INC 144A LIFE SR UNSEC 4.625% 07-15-28                                          | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |  47034000 | PA      | $46219324.09   | 0.19%             | 2028-07-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                 | ADAPTHEALTH LLC 144A LIFE SR UNSEC 6.125% 08-01-28                                              | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8480000 | PA      | $8500665.76    | 0.03%             | 2028-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS INC                                                          | ADVANCE AUTO PARTS INC SR UNSEC 3.9% 04-15-30                                                   | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  33767000 | PA      | $31665274.39   | 0.13%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC                                                      | AVIS BUDGET CAR RENTAL LLC 144A LIFE SR UNSEC 5.75% 07-15-27                                    | CUSIP: 053773BE6<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |  16388000 | PA      | $16258207.04   | 0.07%             | 2027-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| APACHE CORP                                                                     | APACHE CORP SR UNSEC 4.625% 11-15-25                                                            | CUSIP: 037411BH7<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |   5540000 | PA      | $5532437.90    | 0.02%             | 2025-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES INC                                                        | ALBERTSONS COS INC 144A LIFE SR UNSEC 3.5% 03-15-29                                             | CUSIP: 013092AG6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |  41457000 | PA      | $39320720.79   | 0.16%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR SEC 1ST LIEN 4.25% 10-15-27                      | CUSIP: 01883LAB9<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |   7920000 | PA      | $7779546.72    | 0.03%             | 2027-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES UTICA HOLDINGS LLC                                             | ASCENT RESOURCES UTICA HOLDINGS LLC 144A LIFE SR UNSEC 9.0% 11-01-27                            | CUSIP: 04364VAK9<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |   3830000 | PA      | $4700099.40    | 0.02%             | 2027-11-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                        | ALLISON TRANSMISSION INC 144A LIFE SR UNSEC 3.75% 01-30-31                                      | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |  25505000 | PA      | $23393339.03   | 0.10%             | 2031-01-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                                             | ASSUREDPARTNERS INC 144A LIFE SR UNSEC 5.625% 01-15-29                                          | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   4895000 | PA      | $4885077.84    | 0.02%             | 2029-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                 | ADAPTHEALTH LLC 144A LIFE SR UNSEC 4.625% 08-01-29                                              | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  23470000 | PA      | $22138499.96   | 0.09%             | 2029-08-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC                                                      | AVIS BUDGET CAR RENTAL LLC 144A LIFE SR UNSEC 5.375% 03-01-29                                   | CUSIP: 053773BF3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |  16495000 | PA      | $15911802.78   | 0.06%             | 2029-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE PLC                                              | ARDAGH METAL PACKAGING FINANCE PLC 144A LIFE SR UNSEC 4.0% 09-01-29                             | CUSIP: 03969YAB4<br>LEI: 635400FSFRHBFVPTP424 | Long             | DBT              | CORP              | IE        |  15000000 | PA      | $13707255.00   | 0.06%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS INC                                                          | ADVANCE AUTO PARTS INC SR UNSEC 3.5% 03-15-32                                                   | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  28206000 | PA      | $24719399.93   | 0.10%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                                                     | AVIENT CORP 144A LIFE SR UNSEC 7.125% 08-01-30                                                  | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $6967039.50    | 0.03%             | 2030-08-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| AG TTMT ESCROW ISSUER LLC                                                       | AG TTMT ESCROW ISSUER LLC 144A LIFE SR SEC 1ST LIEN 8.625% 09-30-27                             | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10928000 | PA      | $11323549.89   | 0.05%             | 2027-09-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                           | CIVITAS RESOURCES INC 144A LIFE SR UNSEC 9.62% 06-15-33                                         | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   7180000 | PA      | $7366112.78    | 0.03%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                                     | CRESCENT ENERGY FINANCE LLC 144A LIFE SR UNSEC 8.375% 01-15-34                                  | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |  12230000 | PA      | $12246009.07   | 0.05%             | 2034-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 5.5% 05-01-26                                                    | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2094000 | PA      | $2094557.00    | 0.01%             | 2026-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CROWN CORK & SEAL CO INC                                                        | CROWN CORK & SEAL CO INC SR UNSEC 7.375% 12-15-26                                               | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2079018.00    | 0.01%             | 2026-12-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                | CSC HOLDINGS LLC 144A LIFE SR UNSEC 5.5% 04-15-27                                               | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |  14570000 | PA      | $13922975.44   | 0.06%             | 2027-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 5.125% 05-01-27                                                  | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    128000 | PA      | $127675.90     | 0.00%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| COMMSCOPE TECHNOLOGIES LLC                                                      | COMMSCOPE TECHNOLOGIES LLC 144A LIFE SR UNSEC 5.0% 03-15-27                                     | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |  59955000 | PA      | $58447371.57   | 0.24%             | 2027-03-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 5.0% 02-01-28                                                    | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26032000 | PA      | $25809947.04   | 0.11%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                              | CENOVUS ENERGY INC SR UNSEC 5.25% 06-15-37                                                      | CUSIP: 15135UAP4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    151000 | PA      | $142828.94     | 0.00%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                              | CENOVUS ENERGY INC SR UNSEC 5.4% 06-15-47                                                       | CUSIP: 15135UAR0<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    232000 | PA      | $206178.40     | 0.00%             | 2047-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                              | CENOVUS ENERGY INC SR UNSEC 4.25% 04-15-27                                                      | CUSIP: 15135UAM1<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    390000 | PA      | $389212.98     | 0.00%             | 2027-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                | CSC HOLDINGS LLC 144A LIFE SR UNSEC 5.375% 02-01-28                                             | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2222296.68    | 0.01%             | 2028-02-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                  | CONSOLIDATED ENERGY FINANCE SA 144A LIFE SR UNSEC 6.5% 05-15-26                                 | CUSIP: 20914UAE6<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |  10513000 | PA      | $10214819.78   | 0.04%             | 2026-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                | PARAMOUNT GLOBAL SR UNSEC 7.875% 07-30-30                                                       | CUSIP: 925524AH3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3546400.00    | 0.01%             | 2030-07-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                                                   | COMMSCOPE LLC 144A LIFE SR UNSEC 8.25% 03-01-27                                                 | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |  31179000 | PA      | $31082875.14   | 0.13%             | 2027-03-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 5.375% 06-01-29                                                  | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11126000 | PA      | $11093055.91   | 0.05%             | 2029-06-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                               | CLEAN HARBORS INC 144A LIFE SR UNSEC 4.875% 07-15-27                                            | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |  12014000 | PA      | $11963589.26   | 0.05%             | 2027-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 4.75% 03-01-30                                                   | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  57682000 | PA      | $55925410.05   | 0.23%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                        | WARNERMEDIA HOLDINGS INC SR UNSEC 4.054% 03-15-29                                               | CUSIP: 55903VBB8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |  14860000 | PA      | $11962300.00   | 0.05%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                        | WARNERMEDIA HOLDINGS INC SR UNSEC 5.141% 03-15-52                                               | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1405000.00    | 0.01%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC                                                                   | WOLFSPEED INC 144A LIFE SR SEC 1ST LIEN PIK 12.875% 06-23-30                                    | CUSIP: 977852AE2<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |  61387127 | PA      | $62096651.69   | 0.25%             | 2030-06-23      | Variable      | 12.88%                | Yes           |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                                                | WAND NEWCO 3 INC 144A LIFE SR SEC 1ST LIEN 7.625% 01-30-32                                      | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    570000 | PA      | $599542.53     | 0.00%             | 2032-01-30      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                                                             | XEROX HOLDINGS CORP 144A LIFE SR UNSEC 8.875% 11-30-29                                          | CUSIP: 98421MAC0<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |   6699000 | PA      | $5064698.56    | 0.02%             | 2029-11-30      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRASTRUCTURE OPERATING PARTNERS LP                                       | XPLR INFRASTRUCTURE OPERATING PARTNERS LP 144A LIFE SR UNSEC 8.375% 01-15-31                    | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   9650000 | PA      | $10314730.60   | 0.04%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                                                             | XEROX HOLDINGS CORP 144A LIFE SR UNSEC 5.5% 08-15-28                                            | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |  28150000 | PA      | $21544715.10   | 0.09%             | 2028-08-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| XPO INC                                                                         | XPO INC 144A LIFE SR UNSEC 7.125% 06-01-31                                                      | CUSIP: 98379KAB8<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |  10832000 | PA      | $11366060.93   | 0.05%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| XPO INC                                                                         | XPO INC 144A LIFE SR SEC 1ST LIEN 6.25% 06-01-28                                                | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   3516000 | PA      | $3575093.41    | 0.01%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| XPO INC                                                                         | XPO INC 144A LIFE SR UNSEC 7.125% 02-01-32                                                      | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   8665000 | PA      | $9087609.38    | 0.04%             | 2032-02-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| ZIGGO BV                                                                        | ZIGGO BV 144A LIFE SR SEC 1ST LIEN 4.875% 01-15-30                                              | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |  19750000 | PA      | $18468797.75   | 0.08%             | 2030-01-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL INC                                                    | ZF NORTH AMERICA CAPITAL INC 144A LIFE SR UNSEC 7.125% 04-14-30                                 | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4405050.00    | 0.02%             | 2030-04-14      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CITGO PETROLEUM CORPORATION                                                     | CITGO PETROLEUM CORP 144A LIFE SR SEC 1ST LIEN 8.375% 01-15-29                                  | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |  27700000 | PA      | $28881377.30   | 0.12%             | 2029-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                             | NOVA CHEMICALS CORP 144A LIFE SR UNSEC 9.0% 02-15-30                                            | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |  30560000 | PA      | $33041685.92   | 0.13%             | 2030-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                             | NOVA CHEMICALS CORP 144A LIFE SR UNSEC 7.0% 12-01-31                                            | CUSIP: 66977WAV1<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |  16170000 | PA      | $16952757.36   | 0.07%             | 2031-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                             | NOVA CHEMICALS CORP 144A LIFE SR UNSEC 4.25% 05-15-29                                           | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |  34367000 | PA      | $33075075.74   | 0.14%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.875% 10-16-25                                                    | CUSIP: 71654QDH2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   6200000 | PA      | $6197290.60    | 0.03%             | 2025-10-16      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                          | HARVEST MIDSTREAM I LP 144A SR UNSEC 7.5% 09-01-28                                              | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |  27612000 | PA      | $28102002.55   | 0.11%             | 2028-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES CORP/THE                                                          | HOWARD HUGHES CORP 144A LIFE SR UNSEC 5.375% 08-01-28                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |  30122000 | PA      | $29918706.62   | 0.12%             | 2028-08-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC                                           | HILTON DOMESTIC OPERATING CO INC 144A LIFE SR UNSEC 4.0% 05-01-31                               | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  20465000 | PA      | $19254474.79   | 0.08%             | 2031-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                                             | HILCORP ENERGY I LP 144A LIFE SR UNSEC 5.75% 02-01-29                                           | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  15685000 | PA      | $15490694.22   | 0.06%             | 2029-02-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                                             | HILCORP ENERGY I LP 144A LIFE SR UNSEC 6.0% 02-01-31                                            | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  22172000 | PA      | $21465356.19   | 0.09%             | 2031-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES CORP/THE                                                          | HOWARD HUGHES CORP 144A LIFE SR UNSEC 4.125% 02-01-29                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |  48118000 | PA      | $45857753.19   | 0.19%             | 2029-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES CORP/THE                                                          | HOWARD HUGHES CORP 144A LIFE SR UNSEC 4.375% 02-01-31                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |  92487000 | PA      | $85413409.27   | 0.35%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                                           | HIGHTOWER HOLDING LLC 144A LIFE SR UNSEC 6.75% 04-15-29                                         | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |  26340000 | PA      | $26272991.04   | 0.11%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS BORROWER LLC                                             | HILTON GRAND VACATIONS BORROWER LLC 144A LIFE SR UNSEC 5.0% 06-01-29                            | CUSIP: 43284MAA6<br>LEI: 254900HF0EZ734FDVY79 | Long             | DBT              | CORP              | US        |  10880000 | PA      | $10471695.36   | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                    | HESS MIDSTREAM OPERATIONS LP 144A LIFE SR UNSEC 4.25% 02-15-30                                  | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  28875000 | PA      | $27785632.88   | 0.11%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                                              | HARBOUR ENERGY PLC 144A LIFE SR UNSEC 5.5% 10-15-26                                             | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |  27305000 | PA      | $27014857.07   | 0.11%             | 2026-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| HERTZ CORPORATION (THE)                                                         | HERTZ CORP 144A LIFE SR UNSEC 4.625% 12-01-26                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |  16320000 | PA      | $14637848.64   | 0.06%             | 2026-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                           | HUB INTERNATIONAL LTD 144A LIFE SR UNSEC 5.625% 12-01-29                                        | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   7735000 | PA      | $7742193.55    | 0.03%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                    | HESS MIDSTREAM OPERATIONS LP 144A LIFE SR UNSEC 5.5% 10-15-30                                   | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11795000 | PA      | $11855331.43   | 0.05%             | 2030-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                                             | HILCORP ENERGY I LP 144A LIFE SR UNSEC 6.0% 04-15-30                                            | CUSIP: 431318AY0<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  18223000 | PA      | $17732236.39   | 0.07%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                                             | HILCORP ENERGY I LP 144A LIFE SR UNSEC 6.25% 04-15-32                                           | CUSIP: 431318AZ7<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  20585000 | PA      | $19674772.47   | 0.08%             | 2032-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| HANESBRANDS INC                                                                 | HANESBRANDS INC 144A LIFE SR UNSEC 9.0% 02-15-31                                                | CUSIP: 410345AQ5<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |  54567000 | PA      | $57826014.08   | 0.24%             | 2031-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                           | HUB INTERNATIONAL LTD 144A LIFE SR SEC 1ST LIEN 7.25% 06-15-30                                  | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  18774000 | PA      | $19633285.98   | 0.08%             | 2030-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                                             | HILCORP ENERGY I LP 144A LIFE SR UNSEC 8.375% 11-01-33                                          | CUSIP: 431318BC7<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |  25156000 | PA      | $26121034.47   | 0.11%             | 2033-11-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                           | HUB INTERNATIONAL LTD 144A LIFE SR UNSEC 7.375% 01-31-32                                        | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  19600000 | PA      | $20520278.80   | 0.08%             | 2032-01-31      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| ITHACA ENERGY NORTH SEA PLC                                                     | ITHACA ENERGY NORTH SEA PLC 144A LIFE SR UNSEC 8.125% 10-15-29                                  | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |  17170000 | PA      | $17725483.84   | 0.07%             | 2029-10-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP                                                            | ICAHN ENTERPRISES LP SR SEC 1ST LIEN 9.75% 01-15-29                                             | CUSIP: 451102CF2<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |  24232000 | PA      | $23570030.22   | 0.10%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP                                                            | ICAHN ENTERPRISES LP 144A LIFE SR SEC 1ST LIEN 10.0% 11-15-29                                   | CUSIP: 451102CK1<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |   2040000 | PA      | $2022198.96    | 0.01%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 6.25% 01-15-33                                             | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   9545000 | PA      | $9820907.77    | 0.04%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| INSULET CORP                                                                    | INSULET CORP 144A LIFE SR UNSEC 6.5% 04-01-33                                                   | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |   8177000 | PA      | $8530990.51    | 0.03%             | 2033-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| I-20 LANCASTER FUND LLC                                                         | I-20 LANCASTER FUND LLC 144A LIFE SR SEC 1ST LIEN 12.0% 01-15-35                                | CUSIP: 450952AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13406000 | PA      | $12979823.26   | 0.05%             | 2035-01-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| IQVIA INC                                                                       | IQVIA INC 144A LIFE SR UNSEC 6.25% 06-01-32                                                     | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |  29585000 | PA      | $30397640.78   | 0.12%             | 2032-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 4.875% 09-15-27                                            | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  15835000 | PA      | $15756062.53   | 0.06%             | 2027-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 5.25% 03-15-28                                             | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  24088000 | PA      | $23998561.26   | 0.10%             | 2028-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP                                                            | ICAHN ENTERPRISES LP SR SEC 1ST LIEN 6.25% 05-15-26                                             | CUSIP: 451102BT3<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |  21071000 | PA      | $20937894.49   | 0.09%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP                                                            | ICAHN ENTERPRISES LP SR SEC 1ST LIEN 5.25% 05-15-27                                             | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |  86618000 | PA      | $84000490.66   | 0.34%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                                               | BRIGHTSTAR LOTTERY PLC 144A LIFE SR SEC 1ST LIEN 5.25% 01-15-29                                 | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |  34522000 | PA      | $34234052.00   | 0.14%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 5.0% 07-15-28                                              | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   9252000 | PA      | $9185542.88    | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 5.25% 07-15-30                                             | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  63755000 | PA      | $62929181.49   | 0.26%             | 2030-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 5.625% 07-15-32                                            | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   5270000 | PA      | $5231407.79    | 0.02%             | 2032-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                               | IRON MOUNTAIN INC 144A LIFE SR UNSEC 4.5% 02-15-31                                              | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  37685000 | PA      | $35934154.90   | 0.15%             | 2031-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESORTS INC                                                  | MARRIOTT OWNERSHIP RESORTS INC 144A LIFE SR UNSEC 4.5% 06-15-29                                 | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |  10220000 | PA      | $9821747.04    | 0.04%             | 2029-06-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MSCI INC                                                                        | MSCI INC 144A LIFE SR UNSEC 3.25% 08-15-33                                                      | CUSIP: 55354GAQ3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5262084.00    | 0.02%             | 2033-08-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| STAGWELL GLOBAL LLC                                                             | STAGWELL GLOBAL LLC 144A LIFE SR UNSEC 5.625% 08-15-29                                          | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |  26430000 | PA      | $25308442.95   | 0.10%             | 2029-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI PROPERTIES LP 144A LIFE SR UNSEC 3.875% 02-15-29                                           | CUSIP: 92564RAL9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |  17890000 | PA      | $17317108.53   | 0.07%             | 2029-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                | CHS 144A LIFE SR SEC 1ST LIEN 10.875% 01-15-32                                                  | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   4440000 | PA      | $4711359.48    | 0.02%             | 2032-01-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                       | CAESARS ENTERTAINMENT INC 144A LIFE SR SEC 1ST LIEN 6.5% 02-15-32                               | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |  52487000 | PA      | $53890554.87   | 0.22%             | 2032-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC                                                                      | DAVITA INC 144A LIFE SR UNSEC 6.875% 09-01-32                                                   | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |  54476000 | PA      | $56480989.18   | 0.23%             | 2032-09-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                             | DIEBOLD NIXDORF INC 144A LIFE SR SEC 1ST LIEN 7.75% 03-31-30                                    | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        | 144735000 | PA      | $153910475.33  | 0.63%             | 2030-03-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC                                                                      | DAVITA INC 144A LIFE SR UNSEC 6.75% 07-15-33                                                    | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |  49870000 | PA      | $51526781.14   | 0.21%             | 2033-07-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                                                         | DARLING INGREDIENTS INC 144A LIFE SR UNSEC 5.25% 04-15-27                                       | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |   6431000 | PA      | $6423527.18    | 0.03%             | 2027-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC                                                                      | DAVITA INC 144A LIFE SR UNSEC 4.625% 06-01-30                                                   | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |  24552000 | PA      | $23540383.94   | 0.10%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC                                                                      | DAVITA INC 144A LIFE SR UNSEC 3.75% 02-15-31                                                    | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |  21480000 | PA      | $19551224.88   | 0.08%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                | DT MIDSTREAM INC 144A LIFE SR UNSEC 4.125% 06-15-29                                             | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26695000 | PA      | $25799943.35   | 0.11%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                | DT MIDSTREAM INC 144A LIFE SR UNSEC 4.375% 06-15-31                                             | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7241000 | PA      | $6938652.05    | 0.03%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                           | DIRECTV FINANCING LLC 144A LIFE SR SEC 1ST LIEN 5.875% 08-15-27                                 | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        | 104627000 | PA      | $104350889.35  | 0.43%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DEVON ENERGY CORP                                                               | DEVON ENERGY CORP SR UNSEC 5.875% 06-15-28                                                      | CUSIP: 25179MBE2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   2830000 | PA      | $2831298.97    | 0.01%             | 2028-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP (THE)                                                     | DUN & BRADSTREET CORP 144A LIFE SR UNSEC 5.0% 12-15-29                                          | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |  18492000 | PA      | $18954300.00   | 0.08%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| DEVON ENERGY CORP                                                               | DEVON ENERGY CORP SR UNSEC 4.5% 01-15-30                                                        | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |  10040000 | PA      | $9941818.84    | 0.04%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                                                         | DARLING INGREDIENTS INC 144A LIFE SR UNSEC 6.0% 06-15-30                                        | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |  22095000 | PA      | $22405854.56   | 0.09%             | 2030-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| DISH NETWORK CORP                                                               | DISH NETWORK CORP 144A LIFE SR SEC 1ST LIEN 11.75% 11-15-27                                     | CUSIP: 25470MAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        | 298162000 | PA      | $307582726.55  | 1.26%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| DIAMOND FOREIGN ASSET CO                                                        | DIAMOND FOREIGN ASSET CO 144A LIFE SR SEC 2ND LIEN 8.5% 10-01-30                                | CUSIP: 25260WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   9515000 | PA      | $9914886.91    | 0.04%             | 2030-10-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS INC                                                       | ENDO FINANCE HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 8.5% 04-15-31                               | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  54680000 | PA      | $57950301.44   | 0.24%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| EQUIPMENTSHARECOM INC                                                           | EQUIPMENTSHARE.COM INC 144A LIFE SR SEC 2ND LIEN 8.625% 05-15-32                                | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |  10665000 | PA      | $11346920.10   | 0.05%             | 2032-05-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTNERS HOLDINGS LLC                                        | ENCINO ACQUISITION PARTNERS HOLDINGS LLC 144A LIFE SR UNSEC 8.75% 05-01-31                      | CUSIP: 29254BAB3<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |  28585000 | PA      | $31590598.41   | 0.13%             | 2031-05-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| EQUIPMENTSHARECOM INC                                                           | EQUIPMENTSHARE.COM INC 144A LIFE SR SEC 1ST LIEN 8.0% 03-15-33                                  | CUSIP: 29450YAC3<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1048480.00    | 0.00%             | 2033-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                   | ECHOSTAR CORP SR SEC 1ST LIEN 10.75% 11-30-29                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        | 160387925 | PA      | $165335892.49  | 0.68%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                   | ECHOSTAR CORP SR SEC 1ST LIEN PIK 6.75% 11-30-30                                                | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |  40076294 | PA      | $36604284.27   | 0.15%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                                                           | ELLUCIAN HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 6.5% 12-01-29                                   | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   9555000 | PA      | $9795728.67    | 0.04%             | 2029-12-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| EXELON CORP                                                                     | EXELON CORP SUB (H) 6.5% 03-15-55/35                                                            | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   8450000 | PA      | $8601229.65    | 0.04%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                        | EQT CORP 144A SR UNSEC 4.75% 01-15-31                                                           | CUSIP: 26884LBC2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |  22156000 | PA      | $21820425.22   | 0.09%             | 2031-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                                      | PERFORMANCE FOOD GROUP INC 144A LIFE SR UNSEC 5.5% 10-15-27                                     | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |  16205000 | PA      | $16184743.75   | 0.07%             | 2027-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                                             | PRESTIGE BRANDS INC 144A LIFE SR UNSEC 5.125% 01-15-28                                          | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |  11533000 | PA      | $11450193.06   | 0.05%             | 2028-01-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BORROWER LLC                                            | PRIME SECURITY SERVICES BORROWER LLC 144A LIFE SR SEC 2ND LIEN 6.25% 01-15-28                   | CUSIP: 74166MAE6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |  11833000 | PA      | $11862180.18   | 0.05%             | 2028-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                               | POST HOLDINGS INC 144A LIFE SR UNSEC 4.625% 04-15-30                                            | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |  49715000 | PA      | $47838954.76   | 0.20%             | 2030-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                     | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 3.3% 08-01-40                                       | CUSIP: 694308JH1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   5540000 | PA      | $3967471.00    | 0.02%             | 2040-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                     | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 3.5% 08-01-50                                       | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |  44090000 | PA      | $28307455.42   | 0.12%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                                       | PG&E CORP SR SEC 1ST LIEN 5.0% 07-01-28                                                         | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |  33775000 | PA      | $32919715.68   | 0.13%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                                       | PG&E CORP SR SEC 1ST LIEN 5.25% 07-01-30                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |  64030000 | PA      | $61037686.01   | 0.25%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                     | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 4.55% 07-01-30                                      | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   4170000 | PA      | $4072125.93    | 0.02%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                     | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 3.45% 07-01-25                                      | CUSIP: 694308JL2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   6096000 | PA      | $6096000.00    | 0.02%             | 2025-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                     | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 4.95% 07-01-50                                      | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $3792904.70    | 0.02%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BORROWER LLC                                            | PRIME SECURITY SERVICES BORROWER LLC 144A LIFE SR SEC 1ST LIEN 3.375% 08-31-27                  | CUSIP: 74166MAF3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |   8100000 | PA      | $7852658.40    | 0.03%             | 2027-08-31      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC                                                  | PARK INTERMEDIATE HOLDINGS LLC 144A LIFE SR UNSEC 5.875% 10-01-28                               | CUSIP: 70052LAB9<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4197291.00    | 0.02%             | 2028-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PM GENERAL PURCHASER LLC                                                        | PM GENERAL PURCHASER LLC 144A LIFE SR SEC 1ST LIEN 9.5% 10-01-28                                | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3997000 | PA      | $2775676.68    | 0.01%             | 2028-10-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.5% 06-02-41                                                      | CUSIP: 71654QAZ5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    253000 | PA      | $188095.38     | 0.00%             | 2041-06-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                                             | PRESTIGE BRANDS INC 144A LIFE SR UNSEC 3.75% 04-01-31                                           | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |  14440000 | PA      | $13316077.04   | 0.05%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                               | POST HOLDINGS INC 144A LIFE SR UNSEC 4.5% 09-15-31                                              | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |  23500000 | PA      | $21833709.00   | 0.09%             | 2031-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PITNEY BOWES INC                                                                | PITNEY BOWES INC 144A LIFE SR UNSEC 6.875% 03-15-27                                             | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |  11500000 | PA      | $11617645.00   | 0.05%             | 2027-03-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC                                                  | PARK INTERMEDIATE HOLDINGS LLC 144A LIFE SR UNSEC 4.875% 05-15-29                               | CUSIP: 70052LAC7<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |  16445000 | PA      | $15943920.85   | 0.07%             | 2029-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP INC                                                     | PENSKE AUTOMOTIVE GROUP INC SUB 3.75% 06-15-29                                                  | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |   6325000 | PA      | $6004771.58    | 0.02%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                                      | PERFORMANCE FOOD GROUP INC 144A LIFE SR UNSEC 4.25% 08-01-29                                    | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   7785000 | PA      | $7514385.62    | 0.03%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                     | TARGA RESOURCES PARTNERS LP SR UNSEC 6.875% 01-15-29                                            | CUSIP: 87612BBN1<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |  18530000 | PA      | $18902267.70   | 0.08%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                     | TARGA RESOURCES PARTNERS LP SR UNSEC 6.5% 07-15-27                                              | CUSIP: 87612BBL5<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   4322000 | PA      | $4324904.38    | 0.02%             | 2027-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                                        | TK ELEVATOR US NEWCO INC 144A LIFE SR SEC 1ST LIEN 5.25% 07-15-27                               | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |  13400000 | PA      | $13399517.60   | 0.05%             | 2027-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 7.875% 09-15-29                         | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  15340000 | PA      | $16753151.48   | 0.07%             | 2029-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                                                     | AVOLON HOLDINGS FUNDING LTD 144A LIFE SR UNSEC 2.528% 11-18-27                                  | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |  36710000 | PA      | $34911173.29   | 0.14%             | 2027-11-18      | Fixed         | 2.53%                 | Yes           |                  2 | On Loan: No      |
| PARKLAND CORP                                                                   | PARKLAND CORP 144A LIFE SR UNSEC 4.625% 05-01-30                                                | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   7220000 | PA      | $6919330.32    | 0.03%             | 2030-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                     | PACIFIC GAS AND ELECTRIC CO SR SEC 1ST LIEN 5.45% 06-15-27                                      | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   5670000 | PA      | $5738091.03    | 0.02%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                 | PERMIAN RESOURCES OPERATING LLC 144A LIFE SR UNSEC 7.0% 01-15-32                                | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |  17475000 | PA      | $18126939.83   | 0.07%             | 2032-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| PARTY CITY HOLDCO INC                                                           | PARTY CITY HOLDCO INC 144A LIFE SR SEC 2ND LIEN PIK 12.0% 01-11-29                              | CUSIP: 702149AA3<br>LEI: 549300BUAG9YASF5Q703 | Long             | DBT              | CORP              | US        |  50308048 | PA      | $5030804.80    | 0.02%             | 2029-01-11      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 8.125% 09-15-31                         | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  24032000 | PA      | $27242915.52   | 0.11%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                                                        | TRIDENT TPI HOLDINGS INC 144A LIFE SR UNSEC 12.75% 12-31-28                                     | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   9500000 | PA      | $10089294.50   | 0.04%             | 2028-12-31      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| VALVOLINE INC                                                                   | VALVOLINE INC 144A LIFE SR UNSEC 3.625% 06-15-31                                                | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |  13085000 | PA      | $11858765.40   | 0.05%             | 2031-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | EXPAND ENERGY CORP 144A LIFE SR UNSEC 6.75% 04-15-29                                            | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |  11685000 | PA      | $11832184.26   | 0.05%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                               | VENTURE GLOBAL CALCASIEU PASS LLC 144A LIFE SR SEC 1ST LIEN 3.875% 08-15-29                     | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |  28325000 | PA      | $26724779.13   | 0.11%             | 2029-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                               | VENTURE GLOBAL CALCASIEU PASS LLC 144A LIFE SR SEC 1ST LIEN 4.125% 08-15-31                     | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |  46065000 | PA      | $42670792.61   | 0.17%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                                             | VIAVI SOLUTIONS INC 144A LIFE SR UNSEC 3.75% 10-01-29                                           | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3507791.25    | 0.01%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                               | VENTURE GLOBAL CALCASIEU PASS LLC 144A LIFE SR SEC 1ST LIEN 3.875% 11-01-33                     | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |  23430000 | PA      | $20508489.87   | 0.08%             | 2033-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                               | VENTURE GLOBAL CALCASIEU PASS LLC 144A LIFE SR SEC 1ST LIEN 6.25% 01-15-30                      | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   5504000 | PA      | $5680760.96    | 0.02%             | 2030-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.5% 01-23-29                                                      | CUSIP: 71654QCP5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1150000 | PA      | $1126159.35    | 0.00%             | 2029-01-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.49% 01-23-27                                                     | CUSIP: 71654QDB5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   5850000 | PA      | $5824131.30    | 0.02%             | 2027-01-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.84% 01-23-30                                                     | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   9860000 | PA      | $9531859.20    | 0.04%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 5.95% 01-28-31                                                     | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  16630000 | PA      | $15049734.25   | 0.06%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 7.69% 01-23-50                                                     | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  10546000 | PA      | $8301916.66    | 0.03%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.95% 01-28-60                                                     | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  10700000 | PA      | $7695589.80    | 0.03%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                          | UNITED STATES TREASURY NOTE 4.125% 08-15-53                                                     | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31500000 | PA      | $28153109.25   | 0.11%             | 2053-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                          | UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.125% 01-15-35                              | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10305989 | PA      | $10475071.65   | 0.04%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY                                                          | UNITED STATES TREASURY NOTE 3.625% 05-15-53                                                     | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4077122.50    | 0.02%             | 2053-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| VENATOR MATERIALS LLC                                                           | VENATOR MATERIAL LLCL PIK TL 1ST LIEN (SOFR+1000) 15.32% 10-12-28                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  18681299 | PA      | $10274714.27   | 0.04%             | 2028-10-12      | Variable      | 14.37%                | No            |                  3 | On Loan: No      |
| AMENTUM HOLDINGS INC                                                            | AMENTUM ESCROW CORPORATION TL (TSFR3M+225) (FLR 0.00) FRN  09-29-31                             | CUSIP: 02351XAB4<br>LEI: 2549009FJIBLW40CU216 | Long             | LON              | CORP              | US        |      2178 | PA      | $2176.89       | 0.00%             | 2031-09-29      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                                             | ASSUREDPARTNERS INC TL 1ST LIEN (TSFR3M+350)(FLR 0.5) FRN 02-14-31                              | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |  10795477 | PA      | $10834999.62   | 0.04%             | 2031-02-14      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| AIMBRIDGE ACQUISITION CO INC                                                    | AIMBRIDGE ACQUISITION CO INC TL 1ST LIEN FIRST OUT (TSFR1M+561.448)(FLR 1.00) FRN 03-11-30      | CUSIP: 00900YAG1<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |  13567226 | PA      | $13567225.86   | 0.06%             | 2030-03-11      | Variable      | 9.94%                 | No            |                  3 | On Loan: No      |
| BELRON FINANCE 2019 LLC                                                         | BELRON FINANCE 2019 LLC TL-B 1ST LIEN (TSFR3M+275)(FLR 0.5) FRN 10-16-31                        | CUSIP: 08078UAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14382725 | PA      | $14463627.83   | 0.06%             | 2031-10-16      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PROPERTY REIT INC                                                    | BROOKFIELD PROPERTIES RETAIL HOLDING LLC TL-B 1ST LIEN (TSFR3M+325) FRN 05-30-30                | CUSIP: N/A<br>LEI: 549300K1JD1LDRNBET48       | Long             | LON              | CORP              | US        |   6575000 | PA      | $6577051.40    | 0.03%             | 2030-05-30      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                              | BAUSCH + LOMB CORP TL B (TSFR1M+425) FRN 01-15-31                                               | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | CA        |   9459773 | PA      | $9483422.16    | 0.04%             | 2030-12-18      | Variable      | 8.56%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                | CSC HOLDINGS LLC TL-B 1ST LIEN (TSFR3M+450)(FLR 0.0) 8.84194% 01-18-28                          | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |  38589807 | PA      | $38097786.61   | 0.16%             | 2028-01-18      | Variable      | 8.81%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                        | CLOUD SOFTWARE GROUP INC TL-B1 1ST LIEN (TSFR3M+350)(FLR 0.50) FRN 03-29-29                     | CUSIP: 88632NBF6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |  32788624 | PA      | $32847544.93   | 0.13%             | 2029-03-29      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                                                   | COMMSCOPE LLC TL 1ST LIEN (TSFR3M+525)(FLR 2.0) FRN 12-17-29                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |  16540000 | PA      | $16769492.50   | 0.07%             | 2029-12-17      | Variable      | 9.58%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                | CSC HOLDINGS LLC TL-B 1ST LIEN (PRIME+150)(FLR 0.0) FRN 04-15-27                                | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |   8103618 | PA      | $7911157.48    | 0.03%             | 2027-04-15      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                                                   | CORELOGIC INC TL 2ND LIEN (TSFR3M+650) (FLR 0.5) 10.94129% 06-04-29                             | CUSIP: N/A<br>LEI: 54930086CD8K2UIL0516       | Long             | LON              | CORP              | US        |  22275000 | PA      | $21676359.38   | 0.09%             | 2029-06-04      | Variable      | 10.94%                | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                                                   | CORELOGIC INC TL 1ST LIEN (TSFR3M+350) (FLR 0.5) 7.94129% 06-02-28                              | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   5946095 | PA      | $5872695.93    | 0.02%             | 2028-06-02      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS NET LLC                                                          | DIAMOND SPORTS NET LLC PIK TL 1ST LIEN 15% 01-02-28                                             | CUSIP: 25277EAB8<br>LEI: 549300MPO5H6LGX4RJ82 | Long             | LON              | CORP              | US        |    717842 | PA      | $651441.32     | 0.00%             | 2028-01-02      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP (THE)                                                     | DUN & BRADSTREET CORPORATION TL-B 1ST LIEN (UNFUNDED) 0.0% 07-01-32                             | CUSIP: N/A<br>LEI: RI37BMPWE56BCJ747E14       | Long             | LON              | CORP              | US        |  23017139 | PA      | $23017138.95   | 0.09%             | 2032-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP (THE)                                                     | DUN & BRADSTREET CORPORATION TL-REVOLVER (UNFUNDED) 0.0% 09-30-32                               | CUSIP: N/A<br>LEI: RI37BMPWE56BCJ747E14       | Long             | LON              | CORP              | US        |   2301713 | PA      | $2301713.39    | 0.01%             | 2032-09-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                           | DIRECTV FINANCING LLC TL 1ST LIEN (TSFR3M+500)(FLR 0.75) 9.54126% 08-02-27                      | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3742810 | PA      | $3762928.00    | 0.02%             | 2027-08-02      | Variable      | 9.54%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS INC                                                       | ENDO FINANCE HOLDING INC TL-B 1ST LIEN (TSFR3M+400)(FLR 0.5) FRN 04-23-31                       | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  40332325 | PA      | $40351240.86   | 0.16%             | 2031-04-23      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS II LLC                                                 | LCM INVESTMENTS HOLDINGS II LLC 144A LIFE SR UNSEC 8.25% 08-01-31                               | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |  40135000 | PA      | $42704362.43   | 0.17%             | 2031-08-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                                                           | ELLUCIAN HOLDINGS INC TL 2ND LIEN (TSFR3M+475) (FLR 0.5) FRN 11-22-32                           | CUSIP: 28917XAE0<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   7525000 | PA      | $7694312.50    | 0.03%             | 2032-11-22      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC                                                            | FORTREA HOLDINGS INC TL-B (TSFR3M+375)(FLR 0.50) 8.07681% 07-01-30                              | CUSIP: 34965PAD8<br>LEI: 5493000FIVFABOVCDU97 | Long             | LON              | CORP              | US        |   1139342 | PA      | $1016863.12    | 0.00%             | 2030-07-01      | Variable      | 8.08%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                                              | LIGHT & WONDER INTERNATIONAL INC 144A LIFE SR UNSEC 7.5% 09-01-31                               | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   6245000 | PA      | $6538746.07    | 0.03%             | 2031-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                             | MEDLINE BORROWER LP 144A LIFE SR SEC 1ST LIEN 6.25% 04-01-29                                    | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |  51473000 | PA      | $52941730.58   | 0.22%             | 2029-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FINASTRA USA INC                                                                | FINASTRA USA INC TL-B PP (TSFR3M+725)(FLR 1.0) FRN 09-13-29                                     | CUSIP: N/A<br>LEI: 549300ZB2RO6QC7YTK71       | Long             | LON              | CORP              | US        |  74049194 | PA      | $74604562.99   | 0.30%             | 2029-09-13      | Variable      | 11.43%                | Yes           |                  2 | On Loan: No      |
| FINASTRA USA INC                                                                | FINASTRA USA INC TL-REVOLVER UNFUNDED PP FRN 09-13-29                                           | CUSIP: N/A<br>LEI: 549300ZB2RO6QC7YTK71       | Long             | LON              | CORP              | US        |   6233349 | PA      | $6280098.93    | 0.03%             | 2029-09-13      | Variable      | 0.50%                 | Yes           |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                       | OCCIDENTAL PETROLEUM CORP SR UNSEC 5.55% 10-01-34                                               | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    903000 | PA      | $886662.92     | 0.00%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                       | OCCIDENTAL PETROLEUM CORP SR UNSEC 6.05% 10-01-54                                               | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  31763000 | PA      | $29135056.43   | 0.12%             | 2054-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| FINASTRA USA INC                                                                | FINASTRA USA INC TL-REVOLVER FUNDED PP (TSFR3M+725)(FLR 1.0) FRN 09-13-29                       | CUSIP: N/A<br>LEI: 549300ZB2RO6QC7YTK71       | Long             | LON              | CORP              | US        |   1543828 | PA      | $1555406.26    | 0.01%             | 2029-09-13      | Variable      | 11.43%                | Yes           |                  2 | On Loan: No      |
| SCIENTIFIC GAMES HOLDINGS LP                                                    | SCIENTIFIC GAMES HOLDINGS LP TL (TSFR3M+300) (FLR 0.5) FRN 04-04-29                             | CUSIP: 80875CAE7<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |  31426611 | PA      | $31423342.80   | 0.13%             | 2029-04-04      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 7.125% 11-15-31                                                   | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  34815000 | PA      | $36247115.03   | 0.15%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 6.625% 05-15-29                                                   | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  22000000 | PA      | $22622622.00   | 0.09%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC                                                               | ONESKY FLIGHT LLC 144A LIFE SR UNSEC 8.875% 12-15-29                                            | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |   8720000 | PA      | $9087164.32    | 0.04%             | 2029-12-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| OLIN CORP                                                                       | OLIN CORP 144A LIFE SR UNSEC 6.625% 04-01-33                                                    | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   1810000 | PA      | $1783698.89    | 0.01%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                  | GRAY TELEVISION INC TL-B 1ST LIEN (TSFR3M+525)(FLR 0.0) FRN 06-04-29                            | CUSIP: 389376BC7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |  29362337 | PA      | $29357756.94   | 0.12%             | 2029-06-04      | Variable      | 9.57%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP                                                                    | GLATFELTER CORP TL-B 1st Lien (TSFR3M+425) (FLR 0.0) FRN 11-04-31                               | CUSIP: 89458XAB3<br>LEI: 549300LDQLQBT38QDY28 | Long             | LON              | CORP              | US        |  10825600 | PA      | $10649684.00   | 0.04%             | 2031-11-04      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                                                                  | OPAL BIDCO SAS 144A LIFE SR SEC 1ST LIEN 6.5% 03-31-32                                          | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |  16405000 | PA      | $16753819.52   | 0.07%             | 2032-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 7.125% 09-15-32                                                   | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  29645000 | PA      | $30727605.76   | 0.13%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                                       | OLIN CORP SR UNSEC 5.0% 02-01-30                                                                | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   3365000 | PA      | $3249449.27    | 0.01%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                       | OCCIDENTAL PETROLEUM CORP SR UNSEC 4.2% 03-15-48                                                | CUSIP: 674599CN3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2543000 | PA      | $1733377.46    | 0.01%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                                       | OLIN CORP SR UNSEC 5.625% 08-01-29                                                              | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5660179.80    | 0.02%             | 2029-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                       | OCCIDENTAL PETROLEUM CORP SR UNSEC 6.6% 03-15-46                                                | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |  13106000 | PA      | $12928846.20   | 0.05%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAPITAL LLC                                                      | OUTFRONT MEDIA CAPITAL LLC 144A LIFE SR UNSEC 4.625% 03-15-30                                   | CUSIP: 69007TAC8<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57349.32      | 0.00%             | 2030-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                           | BLUE OWL CAPITAL CORP SR UNSEC 3.75% 07-22-25                                                   | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999235.00     | 0.00%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                                  | OPEN TEXT CORP 144A LIFE SR UNSEC 3.875% 02-15-28                                               | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |  14045000 | PA      | $13633636.00   | 0.06%             | 2028-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                           | BLUE OWL CAPITAL CORP SR UNSEC 3.4% 07-15-26                                                    | CUSIP: 69121KAE4<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   5685000 | PA      | $5595080.36    | 0.02%             | 2026-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 4.0% 09-15-30                                                     | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5540814.00    | 0.02%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                                               | OWENS & MINOR INC 144A LIFE SR UNSEC 4.5% 03-31-29                                              | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |  42306000 | PA      | $37959523.87   | 0.16%             | 2029-03-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                           | BLUE OWL CAPITAL CORP SR UNSEC 2.625% 01-15-27                                                  | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    400000 | PA      | $386452.40     | 0.00%             | 2027-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                           | BLUE OWL CAPITAL CORP SR UNSEC 2.875% 06-11-28                                                  | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1630769.00    | 0.01%             | 2028-06-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| OXFORD FINANCE LLC                                                              | OXFORD FINANCE LLC 144A LIFE SR UNSEC 6.375% 02-01-27                                           | CUSIP: 69145LAC8<br>LEI: 549300LDNS0EYYWL5V49 | Long             | DBT              | CORP              | US        |  31875000 | PA      | $32072880.00   | 0.13%             | 2027-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME CORP                                                     | BLUE OWL CREDIT INCOME CORP SR UNSEC 4.7% 02-08-27                                              | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |  20625000 | PA      | $20503786.88   | 0.08%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                           | BLUE OWL CAPITAL CORP SR UNSEC 3.125% 04-13-27                                                  | CUSIP: 69122JAC0<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |  11350000 | PA      | $10964270.25   | 0.04%             | 2027-04-13      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 9.0% 01-15-29                                                     | CUSIP: 682695AA9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2530000 | PA      | $2654723.94    | 0.01%             | 2029-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 7.875% 03-15-30                                                   | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  20010000 | PA      | $21276332.85   | 0.09%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                               | POST HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 6.25% 02-15-32                                      | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |  52863000 | PA      | $54392538.04   | 0.22%             | 2032-02-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER LLC                                                       | PANTHER ESCROW ISSUER LLC 144A LIFE SR SEC 1ST LIEN 7.125% 06-01-31                             | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16400000 | PA      | $17046258.40   | 0.07%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC                                                  | PARK INTERMEDIATE HOLDINGS LLC 144A LIFE SR UNSEC 7.0% 02-01-30                                 | CUSIP: 70052LAD5<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |  17445000 | PA      | $17952021.48   | 0.07%             | 2030-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                 | PERMIAN RESOURCES OPERATING LLC 144A LIFE SR UNSEC 6.25% 02-01-33                               | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |  39061000 | PA      | $39448680.43   | 0.16%             | 2033-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                               | POST HOLDINGS INC 144A LIFE SR UNSEC 6.375% 03-01-33                                            | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10116170.00   | 0.04%             | 2033-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PARKLAND CORP                                                                   | PARKLAND CORP 144A LIFE SR UNSEC 6.625% 08-15-32                                                | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   1740000 | PA      | $1779508.44    | 0.01%             | 2032-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                                      | PERFORMANCE FOOD GROUP INC 144A LIFE SR UNSEC 6.125% 09-15-32                                   | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |  17620000 | PA      | $18046122.08   | 0.07%             | 2032-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| PG&E CORP                                                                       | PG&E CORP SUB (H) 7.375% 03-15-55/30                                                            | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |  26965000 | PA      | $25603806.80   | 0.10%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITED CO                                                    | PERRIGO FINANCE UNLIMITED CO SR UNSEC 6.125% 09-30-32                                           | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   9740000 | PA      | $9839942.14    | 0.04%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL LP                                                            | PEBBLEBROOK HOTEL LP 144A LIFE SR UNSEC 6.375% 10-15-29                                         | CUSIP: 70510LAA7<br>LEI: 549300DXEFK267TXZ832 | Long             | DBT              | CORP              | US        |  15850000 | PA      | $15946019.30   | 0.07%             | 2029-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PLANET FINANCIAL GROUP LLC                                                      | PLANET FINANCIAL GROUP LLC 144A LIFE SR UNSEC 10.5% 12-15-29                                    | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6025000 | PA      | $6035664.25    | 0.02%             | 2029-12-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                          | RADIOLOGY PARTNERS INC 144A LIFE SR SEC 1ST LIEN 8.5% 07-15-32                                  | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |  71230000 | PA      | $71485003.40   | 0.29%             | 2032-07-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC                                                  | ANYWHERE REAL ESTATE GROUP LLC 144A LIFE SR UNSEC 5.75% 01-15-29                                | CUSIP: 75606DAL5<br>LEI: LF6PBYTYG3BDVEF4FI12 | Long             | DBT              | CORP              | US        |  45285000 | PA      | $39769105.86   | 0.16%             | 2029-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP                                                         | RHP HOTEL PROPERTIES LP 144A LIFE SR UNSEC 4.5% 02-15-29                                        | CUSIP: 749571AG0<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |  15140000 | PA      | $14808782.22   | 0.06%             | 2029-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                     | ROYAL CARIBBEAN CRUISES LTD 144A LIFE SR UNSEC 5.5% 04-01-28                                    | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |  23325000 | PA      | $23629811.10   | 0.10%             | 2028-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ROCKET MORTGAGE LLC                                                             | ROCKET MORTGAGE LLC 144A LIFE SR UNSEC 2.875% 10-15-26                                          | CUSIP: 77313LAA1<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   9410000 | PA      | $9183595.40    | 0.04%             | 2026-10-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| ROLLER BEARING COMPANY OF AMERICA INC.                                          | ROLLER BEARING CO OF AMERICA INC 144A LIFE SR UNSEC 4.375% 10-15-29                             | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |   2005000 | PA      | $1944046.00    | 0.01%             | 2029-10-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                            | RANGE RESOURCES CORP SR UNSEC 8.25% 01-15-29                                                    | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   8450000 | PA      | $8705536.45    | 0.04%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                     | ROYAL CARIBBEAN CRUISES LTD 144A LIFE SR UNSEC 5.375% 07-15-27                                  | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   3580000 | PA      | $3603398.88    | 0.01%             | 2027-07-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC                                                  | ANYWHERE REAL ESTATE GROUP LLC 144A LIFE SR UNSEC 5.25% 04-15-30                                | CUSIP: 75606DAQ4<br>LEI: LF6PBYTYG3BDVEF4FI12 | Long             | DBT              | CORP              | US        |  40330000 | PA      | $33089071.14   | 0.14%             | 2030-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                            | RANGE RESOURCES CORP 144A LIFE SR UNSEC 4.75% 02-15-30                                          | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   9970000 | PA      | $9705785.03    | 0.04%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| RYAN SPECIALTY LLC                                                              | RYAN SPECIALTY LLC 144A LIFE SR SEC 1ST LIEN 4.375% 02-01-30                                    | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |  14350000 | PA      | $13897286.20   | 0.06%             | 2030-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC                                                          | RB GLOBAL HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 6.75% 03-15-28                                 | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |   1304000 | PA      | $1339234.08    | 0.01%             | 2028-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC                                                          | RB GLOBAL HOLDINGS INC 144A LIFE SR UNSEC 7.75% 03-15-31                                        | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |   9038000 | PA      | $9512576.34    | 0.04%             | 2031-03-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP                                                         | RHP HOTEL PROPERTIES LP 144A LIFE SR UNSEC 7.25% 07-15-28                                       | CUSIP: 749571AJ4<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   8782000 | PA      | $9096325.34    | 0.04%             | 2028-07-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SALLY HOLDINGS LLC                                                              | SALLY HOLDINGS LLC SR UNSEC 6.75% 03-01-32                                                      | CUSIP: 79546VAQ9<br>LEI: 3GM3SMNQ8UJOJU9DFN26 | Long             | DBT              | CORP              | US        |  58917000 | PA      | $60535921.33   | 0.25%             | 2032-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                                             | STATION CASINOS LLC 144A LIFE SR UNSEC 6.625% 03-15-32                                          | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   8130000 | PA      | $8318103.81    | 0.03%             | 2032-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                     | STARWOOD PROPERTY TRUST INC 144A LIFE SR UNSEC 7.25% 04-01-29                                   | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |  12280000 | PA      | $12931699.60   | 0.05%             | 2029-04-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS INC                                                     | SURGERY CENTER HOLDINGS INC 144A LIFE SR UNSEC 7.25% 04-15-32                                   | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |  12985000 | PA      | $13248102.07   | 0.05%             | 2032-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP 144A LIFE SR UNSEC 7.0% 05-01-29                                                      | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   6585000 | PA      | $6862182.41    | 0.03%             | 2029-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP 144A LIFE SR UNSEC 7.25% 05-01-32                                                     | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  21760000 | PA      | $22862709.76   | 0.09%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 8.375% 06-15-29                                               | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  64101000 | PA      | $66719333.55   | 0.27%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 8.875% 06-15-32                                               | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  34426000 | PA      | $35427383.49   | 0.14%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| STERIGENICS-NORDION HOLDINGS LLC                                                | SOTERA HEALTH HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN 7.375% 06-01-31                            | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |  11495000 | PA      | $11974261.04   | 0.05%             | 2031-06-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| SUMMIT MIDSTREAM HOLDINGS LLC                                                   | SUMMIT MIDSTREAM HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN 8.625% 10-31-29                         | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  41365000 | PA      | $42351389.79   | 0.17%             | 2029-10-31      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTIONS INC                                                 | STANDARD BUILDING SOLUTIONS INC 144A LIFE SR UNSEC 6.5% 08-15-32                                | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10252840.00   | 0.04%             | 2032-08-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC                                                             | SHIFT4 PAYMENTS LLC 144A LIFE SR UNSEC 6.75% 08-15-32                                           | CUSIP: 82453AAB3<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |  32895000 | PA      | $34184286.63   | 0.14%             | 2032-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL/US                                                   | SERVICE CORP INTERNATIONAL SR UNSEC 5.75% 10-15-32                                              | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   8410000 | PA      | $8506277.68    | 0.03%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | EXPAND ENERGY CORP 144A LIFE SR UNSEC 5.875% 02-01-29                                           | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |  16538000 | PA      | $16615331.69   | 0.07%             | 2029-02-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 4.625% 03-01-29                                         | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  56668000 | PA      | $52092965.69   | 0.21%             | 2029-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC 144A LIFE SR UNSEC 4.875% 03-01-31                                         | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  42269000 | PA      | $36197692.19   | 0.15%             | 2031-03-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | CENTENE CORP SR UNSEC 2.5% 03-01-31                                                             | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |  20325000 | PA      | $17513076.90   | 0.07%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | CHESAPEAKE ENERGY CORP SR UNSEC 4.875% 04-15-32                                                 | CUSIP: 165ESCAS3<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |  28871000 | PA      | $115484.00     | 0.00%             | 2032-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | CHESAPEAKE ENERGY CORPORATION SR UNSEC 5.75% 03-15-23                                           | CUSIP: 165ESCAD6<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $6920.00       | 0.00%             | 2023-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                   | CARNIVAL CORP 144A LIFE SR UNSEC 5.75% 03-01-27                                                 | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  14250000 | PA      | $14376568.50   | 0.06%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                          | COMSTOCK RESOURCES INC 144A LIFE SR UNSEC 6.75% 03-01-29                                        | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   6150000 | PA      | $6168413.10    | 0.03%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                                            | CHARTER COMMUNICATIONS OPERATING LLC SR SEC 1ST LIEN 3.9% 06-01-52                              | CUSIP: 161175CA0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |  23326000 | PA      | $16022302.84   | 0.07%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COTY INC                                                                        | COTY INC 144A LIFE SR SEC 1ST LIEN 5.0% 04-15-26                                                | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |   4064000 | PA      | $4076549.63    | 0.02%             | 2026-04-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                                                         | CENTRAL GARDEN & PET CO 144A LIFE SR UNSEC 4.125% 04-30-31                                      | CUSIP: 153527AP1<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |  36315000 | PA      | $33753920.94   | 0.14%             | 2031-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 4.5% 06-01-33                                                    | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  64221000 | PA      | $58740058.76   | 0.24%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC SR UNSEC 7.0% 03-15-27                                                     | CUSIP: 185899AM3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   3853000 | PA      | $3856853.00    | 0.02%             | 2027-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC SR UNSEC 4.5% 05-01-32                                                         | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  77492000 | PA      | $72212315.06   | 0.29%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                              | CLEAR CHANNEL OUTDOOR HOLDINGS INC 144A LIFE SR UNSEC 7.5% 06-01-29                             | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7405744.00    | 0.03%             | 2029-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CVR PARTNERS LP                                                                 | CVR PARTNERS LP 144A LIFE SR SEC 1ST LIEN 6.125% 06-15-28                                       | CUSIP: 12663QAC9<br>LEI: 529900LE0OS06MYQRP11 | Long             | DBT              | CORP              | US        |  15385000 | PA      | $15421108.60   | 0.06%             | 2028-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                          | COMSTOCK RESOURCES INC 144A LIFE SR UNSEC 5.875% 01-15-30                                       | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |  21285000 | PA      | $20694426.39   | 0.08%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                 | PERMIAN RESOURCES OPERATING LLC 144A LIFE SR UNSEC 5.875% 07-01-29                              | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1381242.50    | 0.01%             | 2029-07-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CORELOGIC INC                                                                   | CORELOGIC INC 144A LIFE SR SEC 1ST LIEN 4.5% 05-01-28                                           | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |  63627000 | PA      | $60748005.50   | 0.25%             | 2028-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                                             | CHENIERE ENERGY INC SR UNSEC 4.625% 10-15-28                                                    | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |  20199000 | PA      | $20176902.29   | 0.08%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                   | CARNIVAL CORP 144A LIFE SR SEC 1ST LIEN 4.0% 08-01-28                                           | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  18085000 | PA      | $17711996.88   | 0.07%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | CENTENE CORP SR UNSEC 2.625% 08-01-31                                                           | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |  12700000 | PA      | $10890161.10   | 0.04%             | 2031-08-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 4.25% 01-15-34                                                   | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  94305000 | PA      | $84008025.66   | 0.34%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CLARIVATE SCIENCE HOLDINGS CORP                                                 | CLARIVATE SCIENCE HOLDINGS CORP 144A LIFE SR SEC 1ST LIEN 3.875% 07-01-28                       | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  17370000 | PA      | $16663475.25   | 0.07%             | 2028-07-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CLARIVATE SCIENCE HOLDINGS CORP                                                 | CLARIVATE SCIENCE HOLDINGS CORP 144A LIFE SR UNSEC 4.875% 07-01-29                              | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15510000 | PA      | $14619524.37   | 0.06%             | 2029-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| COMMSCOPE LLC                                                                   | COMMSCOPE LLC 144A LIFE SR SEC 1ST LIEN 4.75% 09-01-29                                          | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    760000 | PA      | $742925.08     | 0.00%             | 2029-09-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                       | CAESARS ENTERTAINMENT INC 144A LIFE SR UNSEC 4.625% 10-15-29                                    | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |  43415000 | PA      | $41469139.70   | 0.17%             | 2029-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                             | COINBASE GLOBAL INC 144A LIFE SR UNSEC 3.375% 10-01-28                                          | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |  82661000 | PA      | $77558749.78   | 0.32%             | 2028-10-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                             | COINBASE GLOBAL INC 144A LIFE SR UNSEC 3.625% 10-01-31                                          | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |  57632000 | PA      | $51360831.55   | 0.21%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                   | CARNIVAL CORP 144A LIFE SR UNSEC 6.0% 05-01-29                                                  | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  11137000 | PA      | $11260253.18   | 0.05%             | 2029-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIED HOLDINGS LLC                                          | COMPASS GROUP DIVERSIFIED HOLDINGS LLC 144A LIFE SR UNSEC 5.0% 01-15-32                         | CUSIP: 20451RAC6<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |  19455000 | PA      | $16477139.88   | 0.07%             | 2032-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                                            | REWORLD HOLDING CORP 144A LIFE SR UNSEC 4.875% 12-01-29                                         | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |  21238000 | PA      | $20221421.89   | 0.08%             | 2029-12-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| COTY INC                                                                        | COTY INC 144A LIFE SR SEC 1ST LIEN 4.75% 01-15-29                                               | CUSIP: 222070AG9<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |  32780000 | PA      | $32064052.02   | 0.13%             | 2029-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 4.75% 02-01-32                                                   | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  47548000 | PA      | $45130279.30   | 0.18%             | 2032-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                | CHS 144A LIFE SR SEC 1ST LIEN 5.25% 05-15-30                                                    | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  40115000 | PA      | $35610005.27   | 0.15%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| MCAFEE CORP                                                                     | MCAFEE CORP 144A LIFE SR UNSEC 7.375% 02-15-30                                                  | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5672184.00    | 0.02%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                                            | CHARTER COMMUNICATIONS OPERATING LLC SR SEC 1ST LIEN 5.25% 04-01-53                             | CUSIP: 161175CK8<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |  18558000 | PA      | $15777306.40   | 0.06%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                        | CELANESE US HOLDINGS LLC SR UNSEC 6.665% 07-15-27                                               | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1160598.88    | 0.00%             | 2027-07-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 6.375% 09-01-29                                                  | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7900000 | PA      | $8063972.40    | 0.03%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                                              | CNX RESOURCES CORP 144A LIFE SR UNSEC 7.375% 01-15-31                                           | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |  18926000 | PA      | $19756207.92   | 0.08%             | 2031-01-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                            | CHART INDUSTRIES INC 144A LIFE SR SEC 1ST LIEN 7.5% 01-01-30                                    | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |  10389000 | PA      | $10889500.46   | 0.04%             | 2030-01-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | ENERGY TRANSFER LP 144A LIFE SR UNSEC 7.375% 02-01-31                                           | CUSIP: 226373AT5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    377000 | PA      | $395090.35     | 0.00%             | 2031-02-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| EQT CORP                                                                        | EQT CORP 144A SR UNSEC 4.5% 01-15-29                                                            | CUSIP: 26884LAW9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   9292000 | PA      | $9182493.78    | 0.04%             | 2029-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                            | EDISON INTERNATIONAL SR UNSEC 6.25% 03-15-30                                                    | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    350000 | PA      | $355601.75     | 0.00%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EMERA INC                                                                       | EMERA INC SUB (H) 6.75% 06-15-76/26                                                             | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |  18225000 | PA      | $18384887.93   | 0.08%             | 2076-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| EMBARQ LLC                                                                      | EMBARQ LLC SR UNSEC 7.995% 06-01-36                                                             | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        | 112111000 | PA      | $51472962.88   | 0.21%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                                                           | ENCOMPASS HEALTH CORP SR UNSEC 4.5% 02-01-28                                                    | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   7054000 | PA      | $6995226.07    | 0.03%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                                                           | ENCOMPASS HEALTH CORP SR UNSEC 4.75% 02-01-30                                                   | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   3841000 | PA      | $3795261.37    | 0.02%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                       | CAESARS ENTERTAINMENT INC 144A LIFE SR UNSEC 8.125% 07-01-27                                    | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   3891000 | PA      | $3894599.18    | 0.02%             | 2027-07-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                                           | ELEMENT SOLUTIONS INC 144A LIFE SR UNSEC 3.875% 09-01-28                                        | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |   8300000 | PA      | $8055067.00    | 0.03%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                                          | ENERGIZER HOLDINGS INC 144A LIFE SR UNSEC 4.375% 03-31-29                                       | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   4880000 | PA      | $4619939.92    | 0.02%             | 2029-03-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| EQT CORP                                                                        | EQT CORP SR UNSEC 5.0% 01-15-29                                                                 | CUSIP: 26884LAL3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   3925000 | PA      | $3959791.20    | 0.02%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                                                     | ENERGEAN ISRAEL FINANCE LTD 144A LIFE/REG S SR SEC 1ST LIEN 5.375% 03-30-28                     | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | IL        |  22800000 | PA      | $21768300.00   | 0.09%             | 2028-03-30      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 3.95% 01-15-28                                                | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  68830000 | PA      | $63633403.83   | 0.26%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 4.375% 02-15-30                                               | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  89557000 | PA      | $75393650.01   | 0.31%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA INC SR UNSEC 5.625% 09-01-28                                                                | CUSIP: 404121AJ4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   8064000 | PA      | $8303774.98    | 0.03%             | 2028-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ENVIRI CORP                                                                     | ENVIRI CORP 144A LIFE SR UNSEC 5.75% 07-31-27                                                   | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |  27400000 | PA      | $27065802.20   | 0.11%             | 2027-07-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                               | HERC HOLDINGS INC 144A LIFE SR UNSEC 5.5% 07-15-27                                              | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5204602.00    | 0.02%             | 2027-07-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 4.95% 10-01-29                                                | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        | 106258000 | PA      | $92820507.06   | 0.38%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 4.75% 10-01-26                                                | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  37067000 | PA      | $36579457.75   | 0.15%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                  | GRAY TELEVISION INC TL-D (TSFR3M+300)(FLR 0.00) FRN 12-01-28                                    | CUSIP: 389376AZ7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |  12000442 | PA      | $11664430.00   | 0.05%             | 2028-12-01      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                           | HUB INTERNATIONAL LTD TL 1ST LIEN (TSFR3M+250)(FLR 0.00) FRN 06-20-30                           | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   6229648 | PA      | $6253719.54    | 0.03%             | 2030-06-20      | Variable      | 6.77%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                                                                 | HANESBRANDS INC TL-B 1ST LIEN (TSFR3M + 275)(FLR 0.0) FRN 03-07-32                              | CUSIP: 410346AY6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | LON              | CORP              | US        |  26243299 | PA      | $26325309.04   | 0.11%             | 2032-03-07      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                                                                      | KASEYA INC TL 1ST LIEN (TSFR3M+325)(FLR 0.0) FRN 03-20-32                                       | CUSIP: N/A<br>LEI: 254900MISXMLRZ63NH46       | Long             | LON              | CORP              | US        |  14875000 | PA      | $14954016.00   | 0.06%             | 2032-03-20      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                                                                      | KASEYA INC TL 2ND LIEN (TSFR3M+500)(FLR 0.0) FRN 03-20-33                                       | CUSIP: N/A<br>LEI: 254900MISXMLRZ63NH46       | Long             | LON              | CORP              | US        |  21425000 | PA      | $21491953.13   | 0.09%             | 2033-03-20      | Variable      | 9.33%                 | No            |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC                                                             | LIGADO NETWORKS LLC TL 1ST LIEN PIK DIP (FUNDED) 17.50% 10-04-25                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  13962941 | PA      | $13962940.72   | 0.06%             | 2025-10-04      | Fixed         | 17.50%                | No            |                  3 | On Loan: No      |
| LONG RIDGE ENERGY LLC                                                           | LONG RIDGE ENERGY LLC TL-B 1ST LIEN (TSFR3M+450)(FLR 0.0) FRN 02-19-32                          | CUSIP: N/A<br>LEI: 984500764EC9AZ2FC764       | Long             | LON              | CORP              | US        |  16025000 | PA      | $15864750.00   | 0.06%             | 2032-02-19      | Variable      | 8.80%                 | No            |                  2 | On Loan: No      |
| LEALAND FINANCE COMPANY BV                                                      | LEALAND FINANCE COMPANY BV TL PIK (TSFR3M+100) FRN 12-30-27                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |     41461 | PA      | $17724.52      | 0.00%             | 2027-12-30      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                             | MEDLINE BORROWER LP TL 1ST LIEN (TSFR3M+225)(FLR 0.50) FRN 10-23-28                             | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |  10076291 | PA      | $10088100.18   | 0.04%             | 2028-10-23      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| MI WINDOWS AND DOORS LLC                                                        | MI WINDOWS AND DOORS LLC TL-B2 1ST LIEN (TSFR3M+300)(FLR 0.0) FRN 03-28-31                      | CUSIP: 55336CAK8<br>LEI: 2549001JQBGDT0WEQ156 | Long             | LON              | CORP              | US        |   6084025 | PA      | $6104461.24    | 0.02%             | 2031-03-28      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| MERCURY AGGREGATOR LP                                                           | MERCURY AGGREGATOR LP TL-2 1ST LIEN 3.5% 04-03-26                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1738548 | PA      | $663777.63     | 0.00%             | 2026-04-03      | Fixed         | 3.50%                 | No            |                  3 | On Loan: No      |
| MERCURY AGGREGATOR LP                                                           | MERCURY AGGREGATOR LP TL-1 1ST LIEN 13.5% 04-03-26/08-03-25                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3042462 | PA      | $1161611.99    | 0.00%             | 2026-04-03      | Variable      | 13.50%                | No            |                  3 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                         | NEW FORTRESS ENERGY INC TL-B 1ST LIEN (TSFR3M+550) (FLR 0.75) FRN 10-30-28                      | CUSIP: 64439HAC3<br>LEI: 254900EICTYTCHA5X705 | Long             | LON              | CORP              | US        |   6142950 | PA      | $3378622.50    | 0.01%             | 2028-10-30      | Variable      | 9.81%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                                              | OSAIC HOLDINGS INC TL-B4 (TSFR3M+350) (FLR 0.00) FRN 08-17-28                                   | CUSIP: 00775KAK4<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |  10430035 | PA      | $10469147.39   | 0.04%             | 2028-08-17      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY INC                                           | PETCO HEALTH AND WELLNESS CO INC TL-B 1ST LIEN (TSFR3M+325)(FLR 0.75) FRN 03-03-28              | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |  22825000 | PA      | $21113125.00   | 0.09%             | 2028-03-03      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                                                                    | PERATON CORP TL-B 1ST LIEN (TSFR3M+375)(FLR 0.75) 02-01-28                                      | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |  28592673 | PA      | $25273892.69   | 0.10%             | 2028-02-01      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                           | QUIKRETE HOLDINGS INC TL-B3 1ST LIEN (TSFR3M + 225)(FLR 0.0) FRN 02-10-32                       | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   4180000 | PA      | $4179251.78    | 0.02%             | 2032-02-10      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS INC.                                                      | QXO BUILDING PRODUCTS INC TL-B 1ST LIEN (TSFR1M+300)(FLR 0.0) FRN 04-30-32                      | CUSIP: 07368RAJ0<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |   4533333 | PA      | $4570166.66    | 0.02%             | 2032-04-30      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                          | RADIOLOGY PARTNERS INC PIK TL-B 1ST LIEN  (TSFR3M+350) FRN 01-31-29                             | CUSIP: 75041EAJ1<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |  40272933 | PA      | $40186628.58   | 0.16%             | 2029-01-31      | Variable      | 8.09%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                                                                 | STAR PARENT INC TL (TSFR3M+400) FRN 09-27-30                                                    | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |   7499250 | PA      | $7432694.16    | 0.03%             | 2030-09-27      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                    | UNIVISION COMM TL 1ST LIEN (TSFR3M+425) (FLR 0.50) 8.57878% 06-24-29                            | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |   1211725 | PA      | $1216269.27    | 0.00%             | 2029-06-24      | Variable      | 8.55%                 | No            |                  2 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                 | UST 5YR FUT FVU5 09-30-25                                                                       | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |      3784 | NC      | $4601267.15    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                 | UST 2YR FUT TUU5 09-30-25                                                                       | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |       446 | NC      | $365196.73     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                                 | UST 30YR FUT ULTRA WNU5 09-19-25                                                                | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |        19 | NC      | $88153.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                                            | CHARTER COMMUNICATIONS OPERATING LLC SR SEC 1ST LIEN 4.8% 03-01-50                              | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |  10713000 | PA      | $8577577.71    | 0.04%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORIES INTERNATIONAL INC                                    | CHARLES RIVER LABORATORIES INTERNATIONAL INC 144A LIFE SR UNSEC 4.25% 05-01-28                  | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |   4848000 | PA      | $4707378.91    | 0.02%             | 2028-05-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 5.918% 03-20-28                                               | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1663000 | PA      | $1680217.04    | 0.01%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 6.532% 03-19-32                                               | CUSIP: 345397G98<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  13540000 | PA      | $13755326.62   | 0.06%             | 2032-03-19      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                                                 | FAIR ISAAC CORP 144A LIFE SR UNSEC 6.0% 05-15-33                                                | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |  75860000 | PA      | $76744982.76   | 0.31%             | 2033-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                         | KODIAK GAS SERVICES LLC 144A LIFE SR UNSEC 7.25% 02-15-29                                       | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   8555000 | PA      | $8854861.31    | 0.04%             | 2029-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| KIMMERIDGE TEXAS GAS LLC                                                        | KIMMERIDGE TEXAS GAS LLC 144A LIFE SR UNSEC 8.5% 02-15-30                                       | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |   6155000 | PA      | $6375176.66    | 0.03%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| HJ HEINZ CO                                                                     | KRAFT HEINZ FOODS CO SR UNSEC 4.375% 06-01-46                                                   | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4048.14       | 0.00%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HJ HEINZ CO                                                                     | KRAFT HEINZ FOODS CO SR UNSEC 3.0% 06-01-26                                                     | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   6360000 | PA      | $6278420.28    | 0.03%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KB HOME                                                                         | KB HOME SR UNSEC 6.875% 06-15-27                                                                | CUSIP: 48666KAX7<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   6170000 | PA      | $6359591.76    | 0.03%             | 2027-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORPORATION                                                     | KAISER ALUMINUM CORP 144A LIFE SR UNSEC 4.625% 03-01-28                                         | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12698000 | PA      | $12432180.07   | 0.05%             | 2028-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| HJ HEINZ CO                                                                     | KRAFT HEINZ FOODS CO SR UNSEC 3.875% 05-15-27                                                   | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   5545000 | PA      | $5503922.64    | 0.02%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HJ HEINZ CO                                                                     | KRAFT HEINZ FOODS CO SR UNSEC 4.875% 10-01-49                                                   | CUSIP: 50077LAZ9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   9975000 | PA      | $8571746.93    | 0.04%             | 2049-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                              | KENNEDY-WILSON INC SR UNSEC 4.75% 03-01-29                                                      | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |  45431000 | PA      | $42617685.33   | 0.17%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                              | KENNEDY-WILSON INC SR UNSEC 5.0% 03-01-31                                                       | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |  54820000 | PA      | $49458329.90   | 0.20%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KOHLS CORP                                                                      | KOHL'S CORP SR UNSEC 5.125% 05-01-31                                                            | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $1604764.74    | 0.01%             | 2031-05-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                              | KENNEDY-WILSON INC SR UNSEC 4.75% 02-01-30                                                      | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |  60830000 | PA      | $55769248.15   | 0.23%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                                                              | KONTOOR BRANDS INC 144A LIFE SR UNSEC 4.125% 11-15-29                                           | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |   6770000 | PA      | $6368789.49    | 0.03%             | 2029-11-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| KB HOME                                                                         | KB HOME SR UNSEC 7.25% 07-15-30                                                                 | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   6770000 | PA      | $7012900.83    | 0.03%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KEHE DISTRIBUTORS LLC                                                           | KEHE DISTRIBUTORS LLC 144A LIFE SR SEC 1ST LIEN 9.0% 02-15-29                                   | CUSIP: 487526AC9<br>LEI: 549300WQCH7SRQ8JKE47 | Long             | DBT              | CORP              | US        |  10550000 | PA      | $10939326.65   | 0.04%             | 2029-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP                                            | LADDER CAPITAL FINANCE HOLDINGS LLLP 144A LIFE SR UNSEC 7.0% 07-15-31                           | CUSIP: 505742AR7<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |  14220000 | PA      | $14879025.90   | 0.06%             | 2031-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                                                             | LIGHTNING POWER LLC 144A LIFE SR SEC 1ST LIEN 7.25% 08-15-32                                    | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |  15450000 | PA      | $16270410.45   | 0.07%             | 2032-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC                                                             | LIGADO NETWORKS LLC SR SEC 1ST LIEN BACKSTOP (UNFUNDED) 0.0% 12-31-2025                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    475952 | PA      | $475951.82     | 0.00%             | 2025-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LONG RIDGE ENERGY LLC                                                           | LONG RIDGE ENERGY LLC 144A LIFE SR SEC 1ST LIEN 8.75% 02-15-32                                  | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |  71195000 | PA      | $74010619.86   | 0.30%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP                                            | LADDER CAPITAL FINANCE HOLDINGS LLLP SR UNSEC 5.5% 08-01-30                                     | CUSIP: 505742AS5<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |    968000 | PA      | $974914.42     | 0.00%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                        | MSCI INC 144A LIFE SR UNSEC 4.0% 11-15-29                                                       | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    316000 | PA      | $306019.14     | 0.00%             | 2029-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MOOG INC                                                                        | MOOG INC 144A LIFE SR UNSEC 4.25% 12-09-27                                                      | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |   8465000 | PA      | $8284974.85    | 0.03%             | 2027-12-09      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| MSCI INC                                                                        | MSCI INC 144A LIFE SR UNSEC 3.625% 09-01-30                                                     | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    742000 | PA      | $696499.82     | 0.00%             | 2030-09-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                           | MOLINA HEALTHCARE INC 144A LIFE SR UNSEC 3.875% 05-15-32                                        | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |  57925000 | PA      | $52763824.58   | 0.22%             | 2032-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                                          | ATHENAHEALTH GROUP INC 144A LIFE SR UNSEC 6.5% 02-15-30                                         | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |  22375000 | PA      | $22044208.00   | 0.09%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MACYS RETAIL HOLDINGS LLC                                                       | MACY'S RETAIL HOLDINGS LLC 144A LIFE SR UNSEC 6.125% 03-15-32                                   | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1174242.87    | 0.00%             | 2032-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                           | MINERAL RESOURCES LTD 144A LIFE SR UNSEC 8.0% 11-01-27                                          | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |  46057000 | PA      | $46305247.23   | 0.19%             | 2027-11-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY                                      | MAUSER PACKAGING SOLUTIONS HOLDING COMPANY 144A LIFE SR SEC 1ST LIEN 7.875% 08-15-26            | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |  13505000 | PA      | $13526608.00   | 0.06%             | 2026-08-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                                            | MATADOR RESOURCES CO 144A LIFE SR UNSEC 6.875% 04-15-28                                         | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   8675000 | PA      | $8852126.15    | 0.04%             | 2028-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                           | MINERAL RESOURCES LTD 144A LIFE SR UNSEC 9.25% 10-01-28                                         | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |  44527000 | PA      | $45624946.77   | 0.19%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| MALLINCKRODT INTERNATIONAL FINANCE SA                                           | MALLINCKRODT INTERNATIONAL FINANCE SA 144A SR SEC 1ST LIEN 14.75% 11-14-28                      | CUSIP: 561233AN7<br>LEI: 549300MQQ92LN1A0B514 | Long             | DBT              | CORP              | LU        |   3017849 | PA      | $3127264.13    | 0.01%             | 2028-11-14      | Fixed         | 14.75%                | Yes           |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC                                                        | NGL ENERGY OPERATING LLC 144A LIFE SR SEC 1ST LIEN 8.125% 02-15-29                              | CUSIP: 62922LAC2<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1198113.21    | 0.00%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC                                                        | NGL ENERGY OPERATING LLC 144A LIFE SR SEC 1ST LIEN 8.375% 02-15-32                              | CUSIP: 62922LAD0<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |  24700000 | PA      | $24794428.10   | 0.10%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| NATIONSTAR MORTGAGE HOLDINGS INC                                                | NATIONSTAR MORTGAGE HOLDINGS INC 144A LIFE SR UNSEC 7.125% 02-01-32                             | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8315000 | PA      | $8642486.28    | 0.04%             | 2032-02-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                           | NABORS INDUSTRIES INC 144A LIFE SR UNSEC 8.875% 08-15-31                                        | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |  11705000 | PA      | $8703814.59    | 0.04%             | 2031-08-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                               | NEWELL BRANDS INC SR UNSEC 6.375% 05-15-30                                                      | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |  19060000 | PA      | $18589675.44   | 0.08%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                               | NEWELL BRANDS INC SR UNSEC 6.625% 05-15-32                                                      | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |  10575000 | PA      | $10114543.35   | 0.04%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NFE FINANCING LLC                                                               | NFE FINANCING LLC 144A LIFE SR SEC 1ST LIEN 12.0% 11-15-29                                      | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        | 395097340 | PA      | $179700147.67  | 0.73%             | 2029-11-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                               | NEWELL BRANDS INC 144A LIFE SR UNSEC 8.5% 06-01-28                                              | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |  14415000 | PA      | $15174829.07   | 0.06%             | 2028-06-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 7.875% 06-15-32                                                           | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  30340000 | PA      | $31591494.66   | 0.13%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                               | NEWELL BRANDS INC SR UNSEC 6.875% 04-01-36                                                      | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   8625000 | PA      | $8279077.13    | 0.03%             | 2036-04-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                               | NEWELL BRANDS INC SR UNSEC 7.0% 04-01-46                                                        | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $3466075.05    | 0.01%             | 2046-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                             | NOVA CHEMICALS CORP 144A LIFE SR UNSEC 5.25% 06-01-27                                           | CUSIP: 66977WAR0<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |  24402000 | PA      | $24290263.24   | 0.10%             | 2027-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                                                 | NGPL PIPECO LLC 144A LIFE SR UNSEC 4.875% 08-15-27                                              | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1005167.15    | 0.00%             | 2027-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 6.75% 06-15-26                                                            | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   9100000 | PA      | $9215679.20    | 0.04%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                     | NETFLIX INC SR UNSEC 4.875% 04-15-28                                                            | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   6190000 | PA      | $6321079.44    | 0.03%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                             | NUSTAR LOGISTICS LP SR UNSEC 6.0% 06-01-26                                                      | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   6129000 | PA      | $6156114.70    | 0.03%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                                               | NEXSTAR MEDIA INC 144A LIFE SR UNSEC 5.625% 07-15-27                                            | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |  34745000 | PA      | $34686141.97   | 0.14%             | 2027-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRASTRUCTURE OPERATING PARTNERS LP                                       | XPLR INFRASTRUCTURE OPERATING PARTNERS LP 144A LIFE SR UNSEC 3.875% 10-15-26                    | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2373000 | PA      | $2319885.14    | 0.01%             | 2026-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                                           | NABORS INDUSTRIES LTD 144A LIFE SR UNSEC 7.5% 01-15-28                                          | CUSIP: 629571AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1860000 | PA      | $1660645.20    | 0.01%             | 2028-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 5.0% 03-15-27                                                             | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  39277000 | PA      | $39145500.60   | 0.16%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO LTD                                                             | NISSAN MOTOR CO LTD 144A LIFE SR UNSEC 3.522% 09-17-25                                          | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   1600000 | PA      | $1591102.40    | 0.01%             | 2025-09-17      | Fixed         | 3.52%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                                               | NEXSTAR MEDIA INC 144A LIFE SR UNSEC 4.75% 11-01-28                                             | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |  82876000 | PA      | $80783049.50   | 0.33%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                  | NRG ENERGY INC 144A LIFE SR UNSEC 3.625% 02-15-31                                               | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1842010.00    | 0.01%             | 2031-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 4.875% 03-15-28                                                           | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  10570000 | PA      | $10430053.20   | 0.04%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                        | NORTHERN OIL & GAS INC 144A LIFE SR UNSEC 8.125% 03-01-28                                       | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |  36125000 | PA      | $36472016.75   | 0.15%             | 2028-03-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                                                           | NESCO HOLDINGS II INC 144A LIFE SR SEC 2ND LIEN 5.5% 04-15-29                                   | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |  25425000 | PA      | $24787341.00   | 0.10%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NCR VOYIX CORP                                                                  | NCR VOYIX CORP 144A LIFE SR UNSEC 5.125% 04-15-29                                               | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   6845000 | PA      | $6747780.47    | 0.03%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                         | NEW FORTRESS ENERGY INC 144A LIFE SR SEC 1ST LIEN 6.5% 09-30-26                                 | CUSIP: 644393AB6<br>LEI: 254900EICTYTCHA5X705 | Long             | DBT              | CORP              | US        |  27050000 | PA      | $15033713.75   | 0.06%             | 2026-09-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NEWS CORP                                                                       | NEWS CORP 144A LIFE SR UNSEC 3.875% 05-15-29                                                    | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |  15315000 | PA      | $14664418.80   | 0.06%             | 2029-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NOVELIS CORP                                                                    | NOVELIS CORP 144A LIFE SR UNSEC 3.25% 11-15-26                                                  | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $6646387.50    | 0.03%             | 2026-11-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| NOVELIS CORP                                                                    | NOVELIS CORP 144A LIFE SR UNSEC 3.875% 08-15-31                                                 | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   7345000 | PA      | $6605725.75    | 0.03%             | 2031-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                                             | NISSAN MOTOR ACCEPTANCE CO LLC 144A LIFE SR UNSEC 1.85% 09-16-26                                | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2680000 | PA      | $2557789.32    | 0.01%             | 2026-09-16      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 5.5% 03-15-29                                                             | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  86526000 | PA      | $84801623.35   | 0.35%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                           | NABORS INDUSTRIES INC 144A LIFE SR UNSEC 7.375% 05-15-27                                        | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |  19675000 | PA      | $19443976.15   | 0.08%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                             | SIRIUS XM RADIO LLC 144A LIFE SR UNSEC 5.5% 07-01-29                                            | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  21175000 | PA      | $21049241.68   | 0.09%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR SEC 1ST LIEN 6.75% 05-15-31                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  27065000 | PA      | $28018472.89   | 0.11%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                          | VENTURE GLOBAL LNG INC 144A LIFE SR SEC 1ST LIEN 8.125% 06-01-28                                | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  21350000 | PA      | $22079508.15   | 0.09%             | 2028-06-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                          | VENTURE GLOBAL LNG INC 144A LIFE SR SEC 1ST LIEN 8.375% 06-01-31                                | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  27575000 | PA      | $28660103.83   | 0.12%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC                                           | HILTON DOMESTIC OPERATING CO INC SR UNSEC 4.875% 01-15-30                                       | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   8287000 | PA      | $8255078.48    | 0.03%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                    | HESS MIDSTREAM OPERATIONS LP 144A LIFE SR UNSEC 5.125% 06-15-28                                 | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11390000 | PA      | $11318129.10   | 0.05%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA INC SR UNSEC 3.5% 09-01-30                                                                  | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3940000 | PA      | $3727015.42    | 0.02%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                                                               | INEOS FINANCE PLC 144A LIFE SR SEC 1ST LIEN 7.5% 04-15-29                                       | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |   6210000 | PA      | $6230629.62    | 0.03%             | 2029-04-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES SARL                                                   | ION TRADING TECHNOLOGIES SARL 144A LIFE SR SEC 1ST LIEN 9.5% 05-30-29                           | CUSIP: 46205YAB7<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |  63196000 | PA      | $65218335.20   | 0.27%             | 2029-05-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                                   | INTERCONTINENTAL EXCHANGE INC SR UNSEC 3.625% 09-01-28                                          | CUSIP: 45866FBB9<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |   8470000 | PA      | $8297305.17    | 0.03%             | 2028-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP                                 | MPT OPERATING PARTNERSHIP LP EUR SR UNSEC 0.993% 10-15-26                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   6200000 | PA      | $6779052.52    | 0.03%             | 2026-10-15      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                             | MEDLINE BORROWER LP 144A LIFE SR SEC 1ST LIEN 3.875% 04-01-29                                   | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |  18275000 | PA      | $17542830.40   | 0.07%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                             | MEDLINE BORROWER LP 144A LIFE SR UNSEC 5.25% 10-01-29                                           | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |  37240000 | PA      | $36976899.40   | 0.15%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                 | PENNYMAC FINANCIAL SERVICES INC 144A LIFE SR UNSEC 6.875% 02-15-33                              | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |  12725000 | PA      | $13059031.25   | 0.05%             | 2033-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PACIFICORP                                                                      | PACIFICORP SUB (H) 7.375% 09-15-55/30                                                           | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1875708.00    | 0.01%             | 2055-09-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                 | PENNYMAC FINANCIAL SERVICES INC 144A LIFE SR UNSEC 6.875% 05-15-32                              | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |  10815000 | PA      | $11064772.43   | 0.05%             | 2032-05-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 4.5% 01-23-26                                                      | CUSIP: 71654QBW1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  16275000 | PA      | $16065296.63   | 0.07%             | 2026-01-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.75% 09-21-47                                                     | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    857000 | PA      | $621253.01     | 0.00%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.875% 08-04-26                                                    | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  10610000 | PA      | $10619039.72   | 0.04%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                               | CLARIOS GLOBAL LP 144A LIFE SR UNSEC 8.5% 05-15-27                                              | CUSIP: 69867DAC2<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | US        |   6825000 | PA      | $6867690.38    | 0.03%             | 2027-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                               | POST HOLDINGS INC 144A LIFE SR UNSEC 5.5% 12-15-29                                              | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |  19249000 | PA      | $19178067.44   | 0.08%             | 2029-12-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PARKLAND CORP                                                                   | PARKLAND CORP 144A LIFE SR UNSEC 5.875% 07-15-27                                                | CUSIP: 70137TAP0<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |  14740000 | PA      | $14757923.84   | 0.06%             | 2027-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.375% 01-23-45                                                    | CUSIP: 71654QBR2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    102000 | PA      | $72317.90      | 0.00%             | 2045-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PARTY CITY HOLDINGS INC                                                         | Party City GUC Trust Escrow 0.0% 10-12-28                                                       | CUSIP: 702ESCAF1<br>LEI: 5493005PYM1JS6EZN307 | Long             | DBT              | CORP              | US        |   9100000 | PA      | $0.01          | 0.00%             | 2028-10-12      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| PARTY CITY HOLDINGS INC                                                         | Party City GUC Trust Escrow 0.0% 10-12-28                                                       | CUSIP: 702ESCAG9<br>LEI: 5493005PYM1JS6EZN307 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $0.01          | 0.00%             | 2028-10-12      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                           | QUIKRETE HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 6.38% 03-01-32                                  | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |  20405000 | PA      | $20995622.73   | 0.09%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                           | QUIKRETE HOLDINGS INC 144A LIFE SR UNSEC 6.75% 03-01-33                                         | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |  26310000 | PA      | $27163785.81   | 0.11%             | 2033-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS INC.                                                      | QXO BUILDING PRODUCTS INC 144A LIFE SR SEC 1ST LIEN 6.75% 04-30-32                              | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |  42730000 | PA      | $44127356.46   | 0.18%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| IQVIA INC                                                                       | IQVIA INC 144A LIFE SR UNSEC 5.0% 10-15-26                                                      | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |  18749000 | PA      | $18742269.11   | 0.08%             | 2026-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ROCKET MORTGAGE LLC                                                             | ROCKET MORTGAGE LLC 144A LIFE SR UNSEC 3.625% 03-01-29                                          | CUSIP: 74841CAA9<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   6605000 | PA      | $6281421.05    | 0.03%             | 2029-03-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| BOEING CO/THE                                                                   | BOEING CO SR UNSEC 5.805% 05-01-50                                                              | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    335000 | PA      | $321574.21     | 0.00%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                            | BWX TECHNOLOGIES INC 144A LIFE SR UNSEC 4.125% 06-30-28                                         | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   8235000 | PA      | $8039830.50    | 0.03%             | 2028-06-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                                | BOYD GAMING CORP SR UNSEC 4.75% 12-01-27                                                        | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   8389000 | PA      | $8342499.77    | 0.03%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                              | BAUSCH + LOMB CORP 144A LIFE SR SEC 1ST LIEN 8.375% 10-01-28                                    | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   1750000 | PA      | $1828750.00    | 0.01%             | 2028-10-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| BORR IHC LTD                                                                    | BORR IHC LTD 144A LIFE SR SEC 1ST LIEN SF 10.375% 11-15-30                                      | CUSIP: 100018AB6<br>LEI: 254900WQF2MM46DNLY83 | Long             | DBT              | CORP              | BM        |  23545850 | PA      | $20844552.02   | 0.09%             | 2030-11-15      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                  | CONSOLIDATED ENERGY FINANCE SA 144A LIFE SR UNSEC 12.0% 02-15-31                                | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |  70555000 | PA      | $69291148.29   | 0.28%             | 2031-02-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 4.5% 08-15-30                                                    | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  53204000 | PA      | $50756882.02   | 0.21%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                                            | CHARTER COMMUNICATIONS OPERATING LLC SR SEC 1ST LIEN 3.7% 04-01-51                              | CUSIP: 161175BV5<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |  11660000 | PA      | $7773010.74    | 0.03%             | 2051-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                            | CLEVELAND-CLIFFS INC SR UNSEC 5.875% 06-01-27                                                   | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  46730000 | PA      | $46721541.87   | 0.19%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | CENTENE CORP SR UNSEC 4.25% 12-15-27                                                            | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1810000 | PA      | $1783704.32    | 0.01%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | CENTENE CORP SR UNSEC 3.375% 02-15-30                                                           | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184352.80     | 0.00%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | CENTENE CORP SR UNSEC 4.625% 12-15-29                                                           | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |  14718000 | PA      | $14324985.25   | 0.06%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS LP                                                     | CHENIERE ENERGY PARTNERS LP SR UNSEC 4.5% 10-01-29                                              | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    618000 | PA      | $611598.76     | 0.00%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                                                   | COMMSCOPE LLC 144A LIFE SR UNSEC 7.125% 07-01-28                                                | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |  24218000 | PA      | $23819492.81   | 0.10%             | 2028-07-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                | CCO HOLDINGS LLC 144A SR UNSEC 4.25% 02-01-31                                                   | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  73951000 | PA      | $69129616.65   | 0.28%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                              | CENOVUS ENERGY INC SR UNSEC 5.375% 07-15-25                                                     | CUSIP: 15135UAS8<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    204000 | PA      | $204004.90     | 0.00%             | 2025-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                | CSC HOLDINGS LLC 144A LIFE SR UNSEC 3.375% 02-15-31                                             | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $693759.00     | 0.00%             | 2031-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                                            | REWORLD HOLDING CORP SR UNSEC 5.0% 09-01-30                                                     | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |  28240000 | PA      | $26752175.60   | 0.11%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS INC                                                 | CONSOLIDATED COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 6.5% 10-01-28                         | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2040566.00    | 0.01%             | 2028-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | CENTENE CORP SR UNSEC 3.0% 10-15-30                                                             | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   7575000 | PA      | $6773307.45    | 0.03%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                                                         | CENTRAL GARDEN & PET CO SR UNSEC 4.125% 10-15-30                                                | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |  21206000 | PA      | $20041833.01   | 0.08%             | 2030-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL | CHARTER COMMUNICATIONS OPERATING LLC SR SEC 1ST LIEN 3.85% 04-01-61                             | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4245000 | PA      | $2722008.62    | 0.01%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                                              | CNX RESOURCES CORP 144A LIFE SR UNSEC 6.0% 01-15-29                                             | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |  28863000 | PA      | $28997155.22   | 0.12%             | 2029-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                                                    | CALPINE CORP 144A LIFE SR SEC 1ST LIEN 3.75% 03-01-31                                           | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   9175000 | PA      | $8710543.15    | 0.04%             | 2031-03-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                | CHS 144A LIFE SR SEC 1ST LIEN 5.625% 03-15-27                                                   | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  40955000 | PA      | $40365452.78   | 0.16%             | 2027-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                | CHS 144A SR SEC 1ST LIEN 6.0% 01-15-29                                                          | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  19850000 | PA      | $19109158.30   | 0.08%             | 2029-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                              | CLEAR CHANNEL OUTDOOR HOLDINGS INC 144A LIFE SR UNSEC 7.75% 04-15-28                            | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26330000 | PA      | $24902255.75   | 0.10%             | 2028-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                                                     | ENERGEAN ISRAEL FINANCE LTD 144A LIFE/REG S SR SEC 1ST LIEN 5.875% 03-30-31                     | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | IL        |  13000000 | PA      | $12015250.00   | 0.05%             | 2031-03-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTNERS HOLDINGS LLC                                        | ENCINO ACQUISITION PARTNERS HOLDINGS LLC 144A LIFE SR UNSEC 8.5% 05-01-28                       | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |  12614000 | PA      | $12969185.01   | 0.05%             | 2028-05-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| EQT CORP                                                                        | EQT CORP 144A LIFE SR UNSEC 3.625% 05-15-31                                                     | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   6515000 | PA      | $6044206.56    | 0.02%             | 2031-05-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                 | PERMIAN RESOURCES OPERATING LLC 144A LIFE SR UNSEC 8.0% 04-15-27                                | CUSIP: 27034RAA1<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1217518.75    | 0.00%             | 2027-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                            | EDISON INTERNATIONAL SR UNSEC 6.95% 11-15-29                                                    | CUSIP: 281020AW7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   2520000 | PA      | $2620711.80    | 0.01%             | 2029-11-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARECOM INC                                                           | EQUIPMENTSHARE.COM INC 144A LIFE SR SEC 2ND LIEN 9.0% 05-15-28                                  | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |  65995000 | PA      | $69801591.60   | 0.29%             | 2028-05-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                 | PERMIAN RESOURCES OPERATING LLC 144A LIFE SR UNSEC 9.875% 07-15-31                              | CUSIP: 27034RAC7<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |  23092000 | PA      | $25312549.81   | 0.10%             | 2031-07-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                            | EDISON INTERNATIONAL SUB (H) 7.875% 06-15-54/29                                                 | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1035353.94    | 0.00%             | 2054-06-15      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                            | FIESTA PURCHASER INC 144A LIFE SR SEC 1ST LIEN 7.875% 03-01-31                                  | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  17530000 | PA      | $18622031.35   | 0.08%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                      | FIRST QUANTUM MINERALS LTD 144A LIFE SR SEC 2ND LIEN 9.375% 03-01-29                            | CUSIP: 335934AV7<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        | 122425000 | PA      | $130088437.73  | 0.53%             | 2029-03-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 5.8% 03-08-29                                                 | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1764303.20    | 0.01%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FORD OTOMOTIV SANAYI AS                                                         | FORD OTOMOTIV SANAYI AS 144A LIFE SR UNSEC 7.125% 04-25-29                                      | CUSIP: 345409AC0<br>LEI: 7890006XJG6ZE2H34671 | Long             | DBT              | CORP              | TR        |   1255000 | PA      | $1259235.63    | 0.01%             | 2029-04-25      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE 3 INC                                                     | FORTRESS INTERMEDIATE 3 INC 144A LIFE SR SEC 1ST LIEN 7.5% 06-01-31                             | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |   9875000 | PA      | $10357561.63   | 0.04%             | 2031-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS LLC                                                     | FTAI AVIATION INVESTORS LLC 144A LIFE SR UNSEC 7.875% 12-01-30                                  | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1167933.80    | 0.00%             | 2030-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                            | FIESTA PURCHASER INC 144A LIFE SR UNSEC 9.625% 09-15-32                                         | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18715000 | PA      | $19794256.62   | 0.08%             | 2032-09-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 5.875% 11-07-29                                               | CUSIP: 345397G49<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5475000 | PA      | $5493072.98    | 0.02%             | 2029-11-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO FIBRA UNO                                                           | TRUST FIBRA UNO 144A LIFE SR UNSEC 7.7% 01-23-32                                                | CUSIP: 89834JAB9<br>LEI: 54930011BLQ0JPRBAL73 | Long             | DBT              | CORP              | MX        |   9925000 | PA      | $10355397.63   | 0.04%             | 2032-01-23      | Fixed         | 7.70%                 | Yes           |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                      | FIRST QUANTUM MINERALS LTD 144A LIFE SR UNSEC 8.0% 03-01-33                                     | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |  15050000 | PA      | $15455447.00   | 0.06%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| FORESTAR GROUP INC                                                              | FORESTAR GROUP INC 144A LIFE SR UNSEC 6.5% 03-15-33                                             | CUSIP: 346232AG6<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |  47035000 | PA      | $47424449.80   | 0.19%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                            | FREEPORT-MCMORAN INC SR UNSEC 5.4% 11-14-34                                                     | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   4288000 | PA      | $4357735.74    | 0.02%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                            | FREEPORT-MCMORAN INC SR UNSEC 5.45% 03-15-43                                                    | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   7843000 | PA      | $7416662.36    | 0.03%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                | FIRSTENERGY CORP SR UNSEC 4.85% 07-15-47                                                        | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3404056.00    | 0.01%             | 2047-07-15      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION LLC                                                    | FIRSTENERGY TRANSMISSION LLC 144A LIFE SR UNSEC 4.55% 04-01-49                                  | CUSIP: 33767BAC3<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1697700.00    | 0.01%             | 2049-04-01      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| FXI HOLDINGS INC                                                                | FXI HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 12.25% 11-15-26                                      | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        | 198104000 | PA      | $174559339.60  | 0.71%             | 2026-11-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                                                 | FAIR ISAAC CORP 144A LIFE SR UNSEC 4.0% 06-15-28                                                | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |  51789000 | PA      | $50448389.95   | 0.21%             | 2028-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                | FIRSTENERGY CORP SR UNSEC 3.4% 03-01-50                                                         | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   5134000 | PA      | $3483752.71    | 0.01%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                            | FREEPORT-MCMORAN INC SR UNSEC 4.25% 03-01-30                                                    | CUSIP: 35671DCF0<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    303000 | PA      | $296890.01     | 0.00%             | 2030-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                                                              | FORESTAR GROUP INC 144A LIFE SR UNSEC 5.0% 03-01-28                                             | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   2905000 | PA      | $2861680.64    | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                | FIRSTENERGY CORP SR UNSEC 2.25% 09-01-30                                                        | CUSIP: 337932AP2<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |  19000000 | PA      | $16882089.00   | 0.07%             | 2030-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                          | RADIOLOGY PARTNERS INC 144A LIFE SR SEC 2ND LIEN PIK 9.781% 02-15-30                            | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |  55097998 | PA      | $54202655.53   | 0.22%             | 2030-02-15      | Fixed         | 9.78%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                     | ROYAL CARIBBEAN CRUISES LTD 144A LIFE SR UNSEC 6.25% 03-15-32                                   | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |  13620000 | PA      | $14008238.10   | 0.06%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                      | FIRST QUANTUM MINERALS LTD 144A LIFE SR UNSEC 6.875% 10-15-27                                   | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |  40759000 | PA      | $40845368.32   | 0.17%             | 2027-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN 5.875% 10-15-27                  | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7775000 | PA      | $7782806.10    | 0.03%             | 2027-10-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                     | ROYAL CARIBBEAN CRUISES LTD 144A LIFE SR UNSEC 6.0% 02-01-33                                    | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |  12375000 | PA      | $12621287.25   | 0.05%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| RYAN SPECIALTY LLC                                                              | RYAN SPECIALTY LLC 144A LIFE SR SEC 1ST LIEN 5.875% 08-01-32                                    | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |  20285000 | PA      | $20457544.21   | 0.08%             | 2032-08-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 3.375% 11-13-25                                               | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $10927785.00   | 0.04%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                   | FORD MOTOR CREDIT CO LLC SR UNSEC 4.0% 11-13-30                                                 | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  10945000 | PA      | $9995926.22    | 0.04%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP                                                         | RHP HOTEL PROPERTIES LP 144A LIFE SR UNSEC 6.5% 06-15-33                                        | CUSIP: 749571AL9<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |  18230000 | PA      | $18765433.33   | 0.08%             | 2033-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                                              | LIGHT & WONDER INTERNATIONAL INC 144A LIFE SR UNSEC 7.0% 05-15-28                               | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |  16357000 | PA      | $16414871.07   | 0.07%             | 2028-05-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN 5.0% 05-01-28                    | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  37860000 | PA      | $37871130.84   | 0.15%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A LIFE SR SEC 2ND LIEN 6.75% 05-01-29                   | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  88558000 | PA      | $89777975.01   | 0.37%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                                              | LIGHT & WONDER INTERNATIONAL INC 144A LIFE SR UNSEC 7.25% 11-15-29                              | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   7800000 | PA      | $8040871.80    | 0.03%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| STATION CASINOS LLC                                                             | STATION CASINOS LLC 144A LIFE SR UNSEC 4.5% 02-15-28                                            | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1079351.90    | 0.00%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                             | SIRIUS XM RADIO LLC 144A LIFE SR UNSEC 4.125% 07-01-30                                          | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  79893000 | PA      | $73714474.85   | 0.30%             | 2030-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MESQUITE ENERGY INC                                                             | SANCHEZ ENERGY CORP 144A LIFE SR SEC 1ST LIEN 7.25% 02-15-26                                    | CUSIP: 799ESCAK4<br>LEI: 549300SB0HTIM17TVR61 | Long             | DBT              | CORP              | US        |  22796000 | PA      | $455920.00     | 0.00%             | 2026-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION LLC                                                    | FIRSTENERGY TRANSMISSION LLC 144A LIFE SR UNSEC 2.866% 09-15-28                                 | CUSIP: 33767BAD1<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $4842113.33    | 0.02%             | 2028-09-15      | Fixed         | 2.87%                 | Yes           |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS LLC                                                     | FTAI AVIATION INVESTORS LLC 144A LIFE SR UNSEC 5.5% 05-01-28                                    | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |  16925000 | PA      | $16844487.78   | 0.07%             | 2028-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                                                        | SENSATA TECHNOLOGIES INC 144A LIFE SR UNSEC 3.75% 02-15-31                                      | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |  15230000 | PA      | $13897177.01   | 0.06%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL/US                                                   | SERVICE CORP INTERNATIONAL SR UNSEC 3.375% 08-15-30                                             | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   4675000 | PA      | $4300303.43    | 0.02%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC SR SEC 2ND LIEN 5.875% 11-01-29                            | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  45545547 | PA      | $46035617.09   | 0.19%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                                                         | FIRST STUDENT BIDCO INC 144A LIFE SR SEC 1ST LIEN 4.0% 07-31-29                                 | CUSIP: 337120AA7<br>LEI: 2549006DRO2F06AA1391 | Long             | DBT              | CORP              | US        |  23135000 | PA      | $21763534.07   | 0.09%             | 2029-07-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SKYMILES IP LTD                                                                 | DELTA AIR LINES INC 144A LIFE SR SEC 1ST LIEN SF 4.75% 10-20-28                                 | CUSIP: 830867AB3<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $9025101.00    | 0.04%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST SR UNSEC 5.5% 12-15-27                                                 | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  15705000 | PA      | $15570298.22   | 0.06%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A LIFE SR SEC 2ND LIEN 6.0% 01-15-30                    | CUSIP: 35908MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  70618000 | PA      | $71589209.35   | 0.29%             | 2030-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CO                                                                   | FORD MOTOR CO SR UNSEC 3.25% 02-12-32                                                           | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |  12250000 | PA      | $10332519.75   | 0.04%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SUPERIOR PLUS LP                                                                | SUPERIOR PLUS LP 144A LIFE SR UNSEC 4.5% 03-15-29                                               | CUSIP: 86828LAC6<br>LEI: 549300K5Y13GU6TPZJ49 | Long             | DBT              | CORP              | CA        |   6485000 | PA      | $6241773.59    | 0.03%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SYNAPTICS INC                                                                   | SYNAPTICS INC 144A LIFE SR UNSEC 4.0% 06-15-29                                                  | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |   5225000 | PA      | $4965620.55    | 0.02%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                            | FRONTIER COMMUNICATIONS HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN 8.75% 05-15-30                   | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9875000 | PA      | $10336369.88   | 0.04%             | 2030-05-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                         | SENSATA TECHNOLOGIES BV 144A LIFE SR UNSEC 4.0% 04-15-29                                        | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   3225000 | PA      | $3070041.98    | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                                          | SCIH SALT HOLDINGS INC 144A LIFE SR SEC 1ST LIEN 4.875% 05-01-28                                | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  41413000 | PA      | $40374113.48   | 0.16%             | 2028-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                                          | SCIH SALT HOLDINGS INC 144A LIFE SR UNSEC 6.625% 05-01-29                                       | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16950000 | PA      | $16586236.05   | 0.07%             | 2029-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNERS LP                                                    | SUBURBAN PROPANE PARTNERS LP 144A LIFE SR UNSEC 5.0% 06-01-31                                   | CUSIP: 864486AL9<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | DBT              | CORP              | US        |   4610000 | PA      | $4364388.42    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL/US                                                   | SERVICE CORP INTERNATIONAL SR UNSEC 4.0% 05-15-31                                               | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |  10150000 | PA      | $9503840.85    | 0.04%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                             | SIRIUS XM RADIO LLC 144A LIFE SR UNSEC 4.0% 07-15-28                                            | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  82755000 | PA      | $79539057.95   | 0.32%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SM ENERGY CO                                                                    | SM ENERGY CO SR UNSEC 6.5% 07-15-28                                                             | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2937252.15    | 0.01%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP SR UNSEC 4.5% 05-15-29                                                                | CUSIP: 86765LAT4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  36280000 | PA      | $35246781.88   | 0.14%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                             | SIRIUS XM RADIO LLC 144A LIFE SR UNSEC 3.125% 09-01-26                                          | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  30505000 | PA      | $29952706.98   | 0.12%             | 2026-09-01      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                                                            | SONIC AUTOMOTIVE INC 144A LIFE SR UNSEC 4.875% 11-15-31                                         | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |  63209000 | PA      | $60118143.11   | 0.25%             | 2031-11-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 5.625% 08-01-33                                                           | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  54572000 | PA      | $50226813.64   | 0.21%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | EXPAND ENERGY CORP SR UNSEC 4.75% 02-01-32                                                      | CUSIP: 845467AT6<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   2695000 | PA      | $2622385.92    | 0.01%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                     | STARWOOD PROPERTY TRUST INC 144A LIFE SR UNSEC 4.375% 01-15-27                                  | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |  18170000 | PA      | $18013120.22   | 0.07%             | 2027-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                         | SBA COMMUNICATIONS CORP SR UNSEC 3.125% 02-01-29                                                | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   4579000 | PA      | $4328565.33    | 0.02%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES HOLDINGS LP                                                    | SCIENTIFIC GAMES HOLDINGS LP 144A LIFE SR UNSEC 6.625% 03-01-30                                 | CUSIP: 80874DAA4<br>LEI: 549300W5GPFXXB6TQ330 | Long             | DBT              | CORP              | US        |  17270000 | PA      | $16656552.33   | 0.07%             | 2030-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                          | SPIRIT AEROSYSTEMS INC 144A LIFE SR SEC 1ST LIEN 9.375% 11-30-29                                | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   4359000 | PA      | $4630395.70    | 0.02%             | 2029-11-30      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                 | SEALED AIR CORP 144A LIFE SR UNSEC 6.125% 02-01-28                                              | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |  14160000 | PA      | $14376463.92   | 0.06%             | 2028-02-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SEADRILL FINANCE LTD                                                            | SEADRILL FINANCE LTD 144A LIFE SR SEC 2ND LIEN 8.375% 08-01-30                                  | CUSIP: 81172QAA2<br>LEI: 213800WMN3OHFUDHD642 | Long             | DBT              | CORP              | BM        |  17605000 | PA      | $17943596.97   | 0.07%             | 2030-08-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP 144A LIFE SR UNSEC 7.0% 09-15-28                                                      | CUSIP: 86765KAA7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  34975000 | PA      | $36110778.15   | 0.15%             | 2028-09-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                        | SERVICE PROPERTIES TRUST 144A LIFE SR SEC 1ST LIEN 8.625% 11-15-31                              | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |  97995000 | PA      | $105271324.74  | 0.43%             | 2031-11-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                          | SPIRIT AEROSYSTEMS INC 144A LIFE SR SEC 2ND LIEN 9.75% 11-15-30                                 | CUSIP: 85205TAR1<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1860410.19    | 0.01%             | 2030-11-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                                            | SAMARCO MINERACAO SA REG S SR UNSEC PIK 9.0% 06-30-31/12-30-25                                  | CUSIP: N/A<br>LEI: 529900U8HKV15GJC4O60       | Long             | DBT              | CORP              | BR        |  11245206 | PA      | $11061684.24   | 0.05%             | 2031-06-30      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                                            | SAMARCO MINERACAO SA 144A LIFE SR UNSEC PIK 9.0% 06-30-31/12-30-25                              | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |  28245768 | PA      | $27784797.07   | 0.11%             | 2031-06-30      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                                            | TALOS PRODUCTION INC 144A LIFE SR SEC 2ND LIEN 9.375% 02-01-31                                  | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |  30005000 | PA      | $30658058.83   | 0.13%             | 2031-02-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                                            | TALOS PRODUCTION INC 144A LIFE SR SEC 2ND LIEN 9.0% 02-01-29                                    | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |  17465000 | PA      | $17894010.26   | 0.07%             | 2029-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                   | TRANSDIGM INC 144A LIFE SR SEC 1ST LIEN 6.375% 03-01-29                                         | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  25230000 | PA      | $25916054.16   | 0.11%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                   | TRANSDIGM INC 144A LIFE SR SEC 1ST LIEN 6.625% 03-01-32                                         | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  33875000 | PA      | $35116315.50   | 0.14%             | 2032-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                  | TRANSOCEAN INC 144A LIFE SR UNSEC 8.5% 05-15-31                                                 | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |  14590000 | PA      | $13035698.12   | 0.05%             | 2031-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                  | TRANSOCEAN INC 144A LIFE SR UNSEC 8.25% 05-15-29                                                | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |   6410000 | PA      | $5931346.07    | 0.02%             | 2029-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| VIASAT INC                                                                      | VIASAT INC 144A LIFE SR UNSEC 7.5% 05-30-31                                                     | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |  59723000 | PA      | $51793517.57   | 0.21%             | 2031-05-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                          | VENTURE GLOBAL LNG INC 144A LIFE SR SEC 1ST LIEN 9.5% 02-01-29                                  | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   8775000 | PA      | $9564776.33    | 0.04%             | 2029-02-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                          | VENTURE GLOBAL LNG INC 144A LIFE SR SEC 1ST LIEN 9.875% 02-01-32                                | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  11994000 | PA      | $12960572.47   | 0.05%             | 2032-02-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| VERITIV OPERATING CO                                                            | VERITIV OPERATING CO 144A LIFE SR SEC 1ST LIEN 10.5% 11-30-30                                   | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |  17595000 | PA      | $19068493.28   | 0.08%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                          | WESCO DISTRIBUTION INC 144A LIFE SR UNSEC 6.625% 03-15-32                                       | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |  30115000 | PA      | $31332248.30   | 0.13%             | 2032-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                        | WYNN RESORTS FINANCE LLC 144A LIFE SR UNSEC 6.25% 03-15-33                                      | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31500000 | PA      | $31721665.50   | 0.13%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| WILDFIRE INTERMEDIATE HOLDINGS LLC                                              | WILDFIRE INTERMEDIATE HOLDINGS LLC 144A LIFE SR UNSEC 7.5% 10-15-29                             | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |   9530000 | PA      | $9490660.16    | 0.04%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| WOLFSPEED INC                                                                   | WOLFSPEED INC 144A LIFE SR SEC 1ST LIEN PIK 12.875% 06-23-30                                    | CUSIP: 977852AG7<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |  17092415 | PA      | $17289972.55   | 0.07%             | 2030-06-23      | Variable      | 12.88%                | Yes           |                  2 | On Loan: No      |
| WOLFSPEED INC                                                                   | WOLFSPEED INC SR SEC 1ST LIEN (UNFUNDED) 0.0% 09-30-26                                          | CUSIP: N/A<br>LEI: 549300OGU88P3AW3TO93       | Long             | DBT              | CORP              | US        |  32542080 | PA      | $32542080.00   | 0.13%             | 2026-09-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                                               | WASTE PRO USA INC 144A LIFE SR UNSEC 7.0% 02-01-33                                              | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |   5505000 | PA      | $5728602.09    | 0.02%             | 2033-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                          | WESCO DISTRIBUTION INC 144A LIFE SR UNSEC 6.375% 03-15-33                                       | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   7820000 | PA      | $8088163.44    | 0.03%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| WEX INC                                                                         | WEX INC 144A LIFE SR UNSEC 6.5% 03-15-33                                                        | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |  13025000 | PA      | $13149089.18   | 0.05%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE INC                                                    | WALGREENS BOOTS ALLIANCE INC SR UNSEC 3.45% 06-01-26                                            | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  42783000 | PA      | $41886824.50   | 0.17%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING LP                                                  | WESTERN MIDSTREAM OPERATING LP SR UNSEC 4.5% 03-01-28                                           | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    340000 | PA      | $338144.96     | 0.00%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                        | WYNN RESORTS FINANCE LLC 144A LIFE SR UNSEC 5.125% 10-01-29                                     | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9225000 | PA      | $9164650.05    | 0.04%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                             | TRAVEL + LEISURE CO 144A LIFE SR SEC 1ST LIEN 4.625% 03-01-30                                   | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   4780000 | PA      | $4585802.94    | 0.02%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING LP                                                  | WESTERN MIDSTREAM OPERATING LP SR UNSEC 5.25% 02-01-50                                          | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $4630939.50    | 0.02%             | 2050-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                          | WESCO DISTRIBUTION INC 144A LIFE SR UNSEC 7.25% 06-15-28                                        | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |  10900000 | PA      | $11042800.90   | 0.05%             | 2028-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                                                            | WMG ACQUISITION CORP 144A LIFE SR SEC 1ST LIEN 3.875% 07-15-30                                  | CUSIP: 92933BAQ7<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |  21627000 | PA      | $20228381.91   | 0.08%             | 2030-07-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                                                            | WMG ACQUISITION CORP 144A LIFE SR SEC 1ST LIEN 3.0% 02-15-31                                    | CUSIP: 92933BAR5<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $3675213.00    | 0.02%             | 2031-02-15      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC                                                    | WYNDHAM HOTELS & RESORTS INC 144A LIFE SR UNSEC 4.375% 08-15-28                                 | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |  11825000 | PA      | $11575362.43   | 0.05%             | 2028-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| WASH MULTIFAMILY ACQUISITION INC                                                | WASH MULTIFAMILY ACQUISITION INC 144A LIFE SR SEC 1ST LIEN 5.75% 04-15-26                       | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |  13300000 | PA      | $13261589.60   | 0.05%             | 2026-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONAL LTD BERMUDA                                           | WEATHERFORD INTERNATIONAL LTD 144A LIFE SR UNSEC 8.625% 04-30-30                                | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | US        |  82236000 | PA      | $84817141.33   | 0.35%             | 2030-04-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC SF 8.75% 06-02-29                                                  | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |  15196500 | PA      | $15753664.48   | 0.06%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 6.35% 02-12-48                                                     | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    150000 | PA      | $104539.35     | 0.00%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | PETROLEOS MEXICANOS SR UNSEC 5.35% 02-12-28                                                     | CUSIP: 71654QCK6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   3140000 | PA      | $3017169.48    | 0.01%             | 2028-02-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                                                | AMWINS GROUP INC 144A LIFE SR UNSEC 4.875% 06-30-29                                             | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |  34762000 | PA      | $33803959.28   | 0.14%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ADT SECURITY CORP                                                               | ADT SECURITY CORP 144A LIFE SR SEC 1ST LIEN 4.125% 08-01-29                                     | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   4815000 | PA      | $4656417.98    | 0.02%             | 2029-08-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                 | ADAPTHEALTH LLC 144A LIFE SR UNSEC 5.125% 03-01-30                                              | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  33045000 | PA      | $31428835.14   | 0.13%             | 2030-03-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ATI INC                                                                         | ATI INC SR UNSEC 4.875% 10-01-29                                                                | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |  13720000 | PA      | $13449455.32   | 0.05%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                         | ATI INC SR UNSEC 5.125% 10-01-31                                                                | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |  20940000 | PA      | $20483843.04   | 0.08%             | 2031-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                             | AVANTOR FUNDING INC 144A LIFE SR UNSEC 3.875% 11-01-29                                          | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |  12375000 | PA      | $11726376.75   | 0.05%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR UNSEC 5.875% 11-01-29                            | CUSIP: 01883LAD5<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |  32255000 | PA      | $31819202.70   | 0.13%             | 2029-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                     | ASBURY AUTOMOTIVE GROUP INC 144A LIFE SR UNSEC 4.625% 11-15-29                                  | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |  24710000 | PA      | $23876111.63   | 0.10%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                     | ASBURY AUTOMOTIVE GROUP INC 144A LIFE SR UNSEC 5.0% 02-15-32                                    | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |  12930000 | PA      | $12310575.42   | 0.05%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR SEC 1ST LIEN 6.75% 04-15-28                      | CUSIP: 01883LAE3<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |   7130000 | PA      | $7252849.90    | 0.03%             | 2028-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS INC                                                          | ADVANCE AUTO PARTS INC SR UNSEC 5.95% 03-09-28                                                  | CUSIP: 00751YAJ5<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  26298000 | PA      | $26921762.26   | 0.11%             | 2028-03-09      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FINANCING (UK) PLC                                         | ALLWYN ENTERTAINMENT FINANCING UK PLC 144A LIFE SR SEC 1ST LIEN 7.875% 04-30-29                 | CUSIP: 02007VAA8<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |  43377000 | PA      | $45289448.55   | 0.18%             | 2029-04-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                | ARCELORMITTAL SA SR UNSEC 7.0% 10-15-39                                                         | CUSIP: 03938LAP9<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |  10104000 | PA      | $11202304.80   | 0.05%             | 2039-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                         | ATI INC SR UNSEC 7.25% 08-15-30                                                                 | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |   9430000 | PA      | $9889646.49    | 0.04%             | 2030-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC                                                  | ANYWHERE REAL ESTATE GROUP LLC 144A LIFE SR SEC 2ND LIEN 7.0% 04-15-30                          | CUSIP: 75606DAS0<br>LEI: LF6PBYTYG3BDVEF4FI12 | Long             | DBT              | CORP              | US        |  10475000 | PA      | $9795926.70    | 0.04%             | 2030-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ARETEC GROUP INC                                                                | ARETEC GROUP INC 144A LIFE SR SEC 1ST LIEN 10.0% 08-15-30                                       | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |  18500000 | PA      | $20353126.50   | 0.08%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS DUTCH HOLDING B BV                                       | AXALTA COATING SYSTEMS DUTCH HOLDING B BV 144A LIFE SR UNSEC 7.25% 02-15-31                     | CUSIP: 05455JAA5<br>LEI: 5493007DMEBZH3CQ5E51 | Long             | DBT              | CORP              | NL        |   5995000 | PA      | $6327944.32    | 0.03%             | 2031-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC/AVIS BUDGET FINANCE INC                              | AVIS BUDGET CAR RENTAL LLC 144A LIFE SR UNSEC 8.0% 02-15-31                                     | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3745000 | PA      | $3882141.90    | 0.02%             | 2031-02-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                           | AMERICAN AIRLINES INC 144A LIFE SR SEC 1ST LIEN 8.5% 05-15-29                                   | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   8960000 | PA      | $9400464.64    | 0.04%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| AMS-OSRAM AG                                                                    | AMS-OSRAM AG 144A LIFE SR UNSEC 12.25% 03-30-29                                                 | CUSIP: 03217CAB2<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |  25200000 | PA      | $26910349.20   | 0.11%             | 2029-03-30      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                               | ALLIANT HOLDINGS INTERMEDIATE LLC 144A LIFE SR SEC 1ST LIEN 7.0% 01-15-31                       | CUSIP: 01883LAF0<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |  14420000 | PA      | $14927079.30   | 0.06%             | 2031-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                | ARCELORMITTAL SA SR UNSEC 6.75% 03-01-41                                                        | CUSIP: 03938LAS3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |  16873000 | PA      | $17800390.70   | 0.07%             | 2041-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP                                                    | ANTERO MIDSTREAM PARTNERS LP 144A LIFE SR UNSEC 6.625% 02-01-32                                 | CUSIP: 03690AAK2<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |    925000 | PA      | $956043.00     | 0.00%             | 2032-02-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                                                              | BAYTEX ENERGY CORP 144A LIFE SR UNSEC 7.375% 03-15-32                                           | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |  13885000 | PA      | $13270019.47   | 0.05%             | 2032-03-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                        | BLUE RACER MIDSTREAM LLC 144A LIFE SR UNSEC 7.0% 07-15-29                                       | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2785000 | PA      | $2908330.94    | 0.01%             | 2029-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                        | BLUE RACER MIDSTREAM LLC 144A LIFE SR UNSEC 7.25% 07-15-32                                      | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9465000 | PA      | $10035663.78   | 0.04%             | 2032-07-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME CORP                                                     | BLUE OWL CREDIT INCOME CORP SR UNSEC 6.65% 03-15-31                                             | CUSIP: 69120VAZ4<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   8315000 | PA      | $8556268.04    | 0.03%             | 2031-03-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| BORR IHC LTD                                                                    | BORR DRILLING LTD 144A LIFE SR SEC 1ST LIEN SF 10.0% 11-15-28                                   | CUSIP: 100018AA8<br>LEI: 254900WQF2MM46DNLY83 | Long             | DBT              | CORP              | BM        |  55206695 | PA      | $50466979.37   | 0.21%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| BRINK'S CO (THE)                                                                | BRINK'S CO 144A LIFE SR UNSEC 6.5% 06-15-29                                                     | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |   3870000 | PA      | $3992036.58    | 0.02%             | 2029-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| BRINK'S CO (THE)                                                                | BRINK'S CO 144A LIFE SR UNSEC 6.75% 06-15-32                                                    | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |   4075000 | PA      | $4246850.90    | 0.02%             | 2032-06-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BIOCON BIOLOGICS GLOBAL PLC                                                     | BIOCON BIOLOGICS GLOBAL PLC REG S SR SEC 1ST LIEN 6.67% 10-09-29                                | CUSIP: N/A<br>LEI: 254900PMQN51VACG2D55       | Long             | DBT              | CORP              | GB        |   1800000 | PA      | $1710930.60    | 0.01%             | 2029-10-09      | Fixed         | 6.67%                 | Yes           |                  2 | On Loan: No      |
| BOEING CO/THE                                                                   | BOEING CO SR UNSEC 7.008% 05-01-64                                                              | CUSIP: 097023DU6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4397652.00    | 0.02%             | 2064-05-01      | Fixed         | 7.01%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIED HOLDINGS LLC                                          | COMPASS GROUP DIVERSIFIED HOLDINGS LLC 144A LIFE SR UNSEC 5.25% 04-15-29                        | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |  88221000 | PA      | $79261628.12   | 0.32%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS INC                                                 | CONSOLIDATED COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 5.0% 10-01-28                         | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |  15350000 | PA      | $15521735.80   | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORIES INTERNATIONAL INC                                    | CHARLES RIVER LABORATORIES INTERNATIONAL INC 144A LIFE SR UNSEC 3.75% 03-15-29                  | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |   9670000 | PA      | $9084539.52    | 0.04%             | 2029-03-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NMG PARENT LLC                                                                  | NMG PARENT LLC (ESCROW) (NOT LISTED OR TRADING)                                                 | CUSIP: 629ESC039<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160737 | NS      | $0.02          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PARTY CITY HOLDCO INC                                                           | PARTY CITY HOLDCO INC (NEW) (1145 SHARES) (DRS) (NOT LISTED OR TRADING)                         | CUSIP: N/A<br>LEI: 549300BUAG9YASF5Q703       | Long             | EC               | CORP              | US        |   2530772 | NS      | $0.25          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PARTY CITY HOLDCO INC                                                           | PARTY CITY HOLDCO INC (NEW) 144A (DRS) (NOT LISTED OR TRADING)                                  | CUSIP: N/A<br>LEI: 549300BUAG9YASF5Q703       | Long             | EC               | CORP              | US        |     25266 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ROTECH HEALTHCARE INC (NEW)                                                     | ROTECH HEALTHCARE INC PP (NEW) (NOT LISTED OR TRADING) (DRS)                                    | CUSIP: 778669200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1916276 | NS      | $144276420.04  | 0.59%             |  |  |  | No            |                  3 | On Loan: No      |
| AMWINS GROUP INC                                                                | AMWINS GROUP INC 144A LIFE SR SEC 1ST LIEN 6.375% 02-15-29                                      | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   7835000 | PA      | $7990610.94    | 0.03%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                                                              | ARDONAGH FINCO LTD 144A LIFE SR SEC 1ST LIEN 7.75% 02-15-31                                     | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | GB        |  24835000 | PA      | $25983345.57   | 0.11%             | 2031-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE LTD                                                      | ARDONAGH GROUP FINANCE LTD 144A LIFE SR UNSEC 8.875% 02-15-32                                   | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | GB        |  43265000 | PA      | $45562458.03   | 0.19%             | 2032-02-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                                                     | ALLIED UNIVERSAL HOLDCO LLC 144A LIFE SR UNSEC 6.0% 06-01-29                                    | CUSIP: 019576AC1<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |  47280000 | PA      | $46026181.68   | 0.19%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC/ALLIED UNIVERSAL FINANCE CORP/ATLAS LUXCO 4 SARL    | ALLIED UNIVERSAL HOLDCO LLC 144A LIFE SR SEC 1ST LIEN 4.625% 06-01-28                           | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12030000 | PA      | $11684702.91   | 0.05%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                                           | ANTERO RESOURCES CORP 144A LIFE SR UNSEC 5.375% 03-01-30                                        | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4632328.80    | 0.02%             | 2030-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP                                                    | ANTERO MIDSTREAM PARTNERS LP 144A LIFE SR UNSEC 5.375% 06-15-29                                 | CUSIP: 03690AAH9<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |  11250000 | PA      | $11173061.25   | 0.05%             | 2029-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ASCENT RESOURCES UTICA HOLDINGS LLC                                             | ASCENT RESOURCES UTICA HOLDINGS LLC 144A LIFE SR UNSEC 5.875% 06-30-29                          | CUSIP: 04364VAU7<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |  24485000 | PA      | $24541927.63   | 0.10%             | 2029-06-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MILEAGE PLUS HOLDINGS LLC                                                       | MILEAGE PLUS HOLDINGS LLC 144A LIFE SR SEC 1ST LIEN SF 6.5% 06-20-27                            | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  22208000 | PA      | $22251016.90   | 0.09%             | 2027-06-20      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                              | UNITED RENTALS NORTH AMERICA INC 144A LIFE SR SEC 1ST LIEN 6.0% 12-15-29                        | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   1759000 | PA      | $1802860.67    | 0.01%             | 2029-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                    | UNIVISION COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 8.0% 08-15-28                            | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |  55135000 | PA      | $55995602.22   | 0.23%             | 2028-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| USI INC                                                                         | USI INC 144A LIFE SR UNSEC 7.5% 01-15-32                                                        | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |   6945000 | PA      | $7336760.51    | 0.03%             | 2032-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VITAL ENERGY INC                                                                | VITAL ENERGY INC 144A LIFE SR UNSEC 7.875% 04-15-32                                             | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |   8350000 | PA      | $7145896.60    | 0.03%             | 2032-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| VAIL RESORTS INC                                                                | VAIL RESORTS INC 144A LIFE SR UNSEC 6.5% 05-15-32                                               | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |  13295000 | PA      | $13745487.78   | 0.06%             | 2032-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                          | VENTURE GLOBAL LNG INC 144A LIFE SR SEC 1ST LIEN 7.0% 01-15-30                                  | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  17695000 | PA      | $17903588.66   | 0.07%             | 2030-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                          | VENTURE GLOBAL LNG INC 144A LIFE SUB 9.0% 12-31-79/09-30-29                                     | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9731490.00    | 0.04%             | 2079-12-31      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                              | VENTURE GLOBAL PLAQUEMINES LNG LLC 144A LIFE SR SEC 1ST LIEN 7.5% 05-01-33                      | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |  28180000 | PA      | $30195377.24   | 0.12%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                              | VENTURE GLOBAL PLAQUEMINES LNG LLC 144A LIFE SR SEC 1ST LIEN 7.75% 05-01-35                     | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |  25975000 | PA      | $28138509.70   | 0.11%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                                              | VOYAGER PARENT LLC 144A LIFE SR SEC 1ST LIEN 9.25% 07-01-32                                     | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |  65490000 | PA      | $68178495.48   | 0.28%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                | PARAMOUNT GLOBAL SR UNSEC 6.875% 04-30-36                                                       | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $12295332.00   | 0.05%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS INC                                                      | BAUSCH HEALTH AMERICAS INC 144A LIFE SR UNSEC 9.25% 04-01-26                                    | CUSIP: 91911XAV6<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | CA        |  19275000 | PA      | $19243003.50   | 0.08%             | 2026-04-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS INC                                                      | BAUSCH HEALTH AMERICAS INC 144A LIFE SR UNSEC 8.5% 01-31-27                                     | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | CA        |  29942000 | PA      | $28539367.01   | 0.12%             | 2027-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| VIASAT INC                                                                      | VIASAT INC 144A LIFE SR SEC 1ST LIEN 5.625% 04-15-27                                            | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        | 136383000 | PA      | $135934709.08  | 0.56%             | 2027-04-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                   | VISTRA OPERATIONS CO LLC 144A LIFE SR UNSEC 5.0% 07-31-27                                       | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1770000 | PA      | $1769001.72    | 0.01%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI PROPERTIES LP 144A LIFE SR UNSEC 4.625% 12-01-29                                           | CUSIP: 92564RAB1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   1657000 | PA      | $1628592.39    | 0.01%             | 2029-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI PROPERTIES LP 144A LIFE SR UNSEC 4.25% 12-01-26                                            | CUSIP: 92564RAA3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   9323000 | PA      | $9269411.40    | 0.04%             | 2026-12-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI PROPERTIES LP 144A LIFE SR UNSEC 3.75% 02-15-27                                            | CUSIP: 92564RAD7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    243000 | PA      | $239364.48     | 0.00%             | 2027-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI PROPERTIES LP 144A LIFE SR UNSEC 4.125% 08-15-30                                           | CUSIP: 92564RAE5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   2233000 | PA      | $2144224.85    | 0.01%             | 2030-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                                                         | FIRST STUDENT BIDCO INC TL-B 1ST LIEN (TSFR3M+250) (FLR 0.5) FRN 07-21-28                       | CUSIP: 33718FAK6<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |   5659027 | PA      | $5668460.50    | 0.02%             | 2028-07-21      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                                                         | FIRST STUDENT BIDCO INC TL-C 1ST LIEN (TSFR3M+250) (FLR 0.5) FRN 07-21-28                       | CUSIP: 33718FAM2<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |   1671121 | PA      | $1673906.83    | 0.01%             | 2028-07-21      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                            | FIESTA PURCHASER INC TL 1ST LIEN (TSFR3M+325)(FLR 0.0) FRN 02-12-31                             | CUSIP: 31659LAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11966867 | PA      | $12015476.53   | 0.05%             | 2031-02-12      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                   | BOEING CO SR UNSEC 6.528% 05-01-34                                                              | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  13329000 | PA      | $14491062.21   | 0.06%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                   | BOEING CO SR UNSEC 6.858% 05-01-54                                                              | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3508000 | PA      | $3843680.52    | 0.02%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                                  | 1261229 BC LTD 144A LIFE SR SEC 1ST LIEN 10.0% 04-15-32                                         | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  43915000 | PA      | $44331753.35   | 0.18%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| BLOCK INC                                                                       | BLOCK INC SR UNSEC 6.5% 05-15-32                                                                | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |  41280000 | PA      | $42616563.84   | 0.17%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CREDIT FUND                                                  | BLACKSTONE PRIVATE CREDIT FUND SR UNSEC 6.0% 11-22-34                                           | CUSIP: 09261HBW6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |  19315000 | PA      | $18898162.99   | 0.08%             | 2034-11-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                   | TRANSDIGM INC 144A LIFE SR SEC 1ST LIEN 6.0% 01-15-33                                           | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10060790.00   | 0.04%             | 2033-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| TGS ASA                                                                         | TGS ASA 144A LIFE SR SEC 1ST LIEN 8.5% 01-15-30                                                 | CUSIP: 87243KAA7<br>LEI: 549300NUPLAXPB0WYH90 | Long             | DBT              | CORP              | NO        |  17220000 | PA      | $17841159.84   | 0.07%             | 2030-01-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FINANCING LTD                                                  | TRANSOCEAN TITAN FINANCING LTD 144A LIFE SR SEC 1ST LIEN SF 8.375% 02-01-28                     | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  25769429 | PA      | $26194804.65   | 0.11%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                   | TRANSDIGM INC 144A LIFE SUB 6.375% 05-31-33                                                     | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9900000 | PA      | $9933719.40    | 0.04%             | 2033-05-31      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV                                   | TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV SR UNSEC 5.75% 12-01-30                           | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |  14990000 | PA      | $15268214.40   | 0.06%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 6.0% 12-01-32                           | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  19740000 | PA      | $20176273.74   | 0.08%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FINANCE BV                                                    | TRIVIUM PACKAGING FINANCE BV 144A LIFE SR SEC 1ST LIEN 8.25% 07-15-30                           | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |  15120000 | PA      | $16000770.24   | 0.07%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FINANCE BV                                                    | TRIVIUM PACKAGING FINANCE BV 144A LIFE SR SEC 2ND LIEN 12.25% 01-15-31                          | CUSIP: 89686QAC0<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |  22395000 | PA      | $24023206.08   | 0.10%             | 2031-01-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| TRINIDAD GENERATION UNLIMITED                                                   | TRINIDAD GENERATION UNLTD 144A LIFE SR UNSEC SF 7.75% 06-16-33                                  | CUSIP: 89636DAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |  10775000 | PA      | $11169634.38   | 0.05%             | 2033-06-16      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| TIDEWATER INC                                                                   | TIDEWATER INC 144A LIFE SR UNSEC 9.125% 07-15-30                                                | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $7413156.00    | 0.03%             | 2030-07-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                               | BROWN & BROWN INC SR UNSEC 5.25% 06-23-32                                                       | CUSIP: 115236AL5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    389000 | PA      | $396976.06     | 0.00%             | 2032-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                               | BROWN & BROWN INC SR UNSEC 5.55% 06-23-35                                                       | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    584000 | PA      | $595748.91     | 0.00%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                  | TRANSOCEAN INC SR UNSEC 6.8% 03-15-38                                                           | CUSIP: 893830AT6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |   7850000 | PA      | $5526768.95    | 0.02%             | 2038-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 3.15% 10-01-26                          | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   5863000 | PA      | $5752781.46    | 0.02%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 4.1% 10-01-46                           | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  24137000 | PA      | $17385084.58   | 0.07%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR UNSEC 6.875% 11-15-31                                                  | CUSIP: 88033GAV2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2151460.00    | 0.01%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 6.75% 03-01-28                          | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  18740000 | PA      | $19473820.92   | 0.08%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN POSEIDON LTD                                                         | TRANSOCEAN POSEIDON LTD 144A LIFE SR SEC 1ST LIEN SF 6.875% 02-01-27                            | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   7533750 | PA      | $7551024.89    | 0.03%             | 2027-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                  | TRANSOCEAN INC 144A LIFE SR UNSEC 8.0% 02-01-27                                                 | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |   3515000 | PA      | $3465013.19    | 0.01%             | 2027-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                                             | TREEHOUSE FOODS INC SR UNSEC 4.0% 09-01-28                                                      | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |  44940000 | PA      | $41025770.94   | 0.17%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                                       | TEGNA INC SR UNSEC 5.0% 09-15-29                                                                | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |  20362000 | PA      | $19464320.87   | 0.08%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                     | TARGA RESOURCES PARTNERS LP SR UNSEC 5.5% 03-01-30                                              | CUSIP: 87612BBQ4<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   6906000 | PA      | $7010328.94    | 0.03%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                                                      | TRONOX INC 144A LIFE SR UNSEC 4.625% 03-15-29                                                   | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |  14155000 | PA      | $12226650.20   | 0.05%             | 2029-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| SOMNIGROUP INTERNATIONAL INC                                                    | SOMNIGROUP INTERNATIONAL INC 144A LIFE SR UNSEC 4.0% 04-15-29                                   | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |   5255000 | PA      | $5029697.13    | 0.02%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                | T-MOBILE USA INC SR UNSEC 3.375% 04-15-29                                                       | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |  15950000 | PA      | $15358047.65   | 0.06%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                                     | TARGA RESOURCES PARTNERS LP SR UNSEC 4.875% 02-01-31                                            | CUSIP: 87612BBS0<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |  13835000 | PA      | $13731486.53   | 0.06%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TITAN INTERNATIONAL INC                                                         | TITAN INTERNATIONAL INC SR SEC 1ST LIEN 7.0% 04-30-28                                           | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |  11500000 | PA      | $11554970.00   | 0.05%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 4.75% 05-09-27                          | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   8410000 | PA      | $8405795.00    | 0.03%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV                                  | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV SR UNSEC 5.125% 05-09-29                         | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        | 139186000 | PA      | $140092240.05  | 0.57%             | 2029-05-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                             | TRAVEL + LEISURE CO 144A LIFE SR SEC 1ST LIEN 4.5% 12-01-29                                     | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |  24455000 | PA      | $23651261.97   | 0.10%             | 2029-12-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TREEHOUSE PARK IMPROVEMENT ASSOCIATION NO 1                                     | TREEHOUSE PARK IMPROVEMENT ASSOCIATION NO 1 144A LIFE SR UNSEC SF 9.75% 12-01-33                | CUSIP: 89469TAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12999078 | PA      | $12999078.00   | 0.05%             | 2033-12-01      | Fixed         | 9.75%                 | Yes           |                  3 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                        | CLOUD SOFTWARE GROUP INC 144A LIFE SR SEC 1ST LIEN 6.5% 03-31-29                                | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |  43055000 | PA      | $43483741.69   | 0.18%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR SEC 1ST LIEN 4.25% 06-01-29                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  35249000 | PA      | $34211868.67   | 0.14%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR SEC 1ST LIEN 4.625% 06-15-28                                           | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  12685000 | PA      | $12535266.26   | 0.05%             | 2028-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR SEC 1ST LIEN 5.125% 11-01-27                                           | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   6670000 | PA      | $6663663.50    | 0.03%             | 2027-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR SEC 1ST LIEN 4.375% 01-15-30                                           | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  15750000 | PA      | $15258363.75   | 0.06%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR UNSEC 6.125% 10-01-28                                                  | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   8930000 | PA      | $8948092.18    | 0.04%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                           | TENET HEALTHCARE CORP SR SEC 2ND LIEN 6.25% 02-01-27                                            | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   4570000 | PA      | $4572678.02    | 0.02%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                   | TRANSDIGM INC 144A LIFE SR SEC 1ST LIEN 6.75% 08-15-28                                          | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   8945000 | PA      | $9145278.55    | 0.04%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                         | TALEN ENERGY SUPPLY LLC 144A LIFE SR SEC 1ST LIEN 8.625% 06-01-30                               | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |  45301000 | PA      | $48577666.63   | 0.20%             | 2030-06-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                   | TRANSDIGM INC 144A LIFE SR SEC 1ST LIEN 6.875% 12-15-30                                         | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   7315000 | PA      | $7595186.45    | 0.03%             | 2030-12-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                  | TRANSOCEAN INC 144A LIFE SR SEC 1ST LIEN SF 8.75% 02-15-30                                      | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |  13024800 | PA      | $13404590.14   | 0.05%             | 2030-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN AQUILA LTD                                                           | TRANSOCEAN AQUILA LTD 144A LIFE SR SEC 1ST LIEN SF 8.0% 09-30-28                                | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   6001231 | PA      | $6064675.81    | 0.02%             | 2028-09-30      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| UKG INC                                                                         | UKG INC 144A LIFE SR UNSEC 6.875% 02-01-31                                                      | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |  33250000 | PA      | $34520150.00   | 0.14%             | 2031-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| USA COMPRESSION PARTNERS LP                                                     | USA COMPRESSION PARTNERS LP 144A LIFE SR UNSEC 7.125% 03-15-29                                  | CUSIP: 91740PAG3<br>LEI: 5493000B1PEOKXRZEO65 | Long             | DBT              | CORP              | US        |   9195000 | PA      | $9429996.62    | 0.04%             | 2029-03-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                              | UNITED RENTALS NORTH AMERICA INC 144A LIFE SR UNSEC 6.125% 03-15-34                             | CUSIP: 911365BR4<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   6840000 | PA      | $7053907.32    | 0.03%             | 2034-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                    | UNIVISION COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 8.5% 07-31-31                            | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |  33120000 | PA      | $33186670.56   | 0.14%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| UNIVERSAL ENTERTAINMENT CORP                                                    | UNIVERSAL ENTERTAINMENT CORP 144A LIFE SR SEC 1ST LIEN 9.875% 08-01-29                          | CUSIP: 91349WAC2<br>LEI: 353800BBJTHSMSQ31V91 | Long             | DBT              | CORP              | JP        |  53090000 | PA      | $51927329.00   | 0.21%             | 2029-08-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| US FOODS INC                                                                    | US FOODS INC 144A LIFE SR UNSEC 5.75% 04-15-33                                                  | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |  11450000 | PA      | $11466602.50   | 0.05%             | 2033-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| UNISYS CORP                                                                     | UNISYS CORP 144A LIFE SR SEC 1ST LIEN 10.625% 01-15-31                                          | CUSIP: 909214BX5<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |  47972000 | PA      | $49454910.46   | 0.20%             | 2031-01-15      | Fixed         | 10.62%                | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                              | UNITED RENTALS NORTH AMERICA INC SR UNSEC 5.25% 01-15-30                                        | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   5484000 | PA      | $5502305.59    | 0.02%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                           | UBER TECHNOLOGIES INC 144A LIFE SR UNSEC 7.5% 09-15-27                                          | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   8994000 | PA      | $9080135.54    | 0.04%             | 2027-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                               | BROWN & BROWN INC SR UNSEC 6.25% 06-23-55                                                       | CUSIP: 115236AN1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    693000 | PA      | $715015.22     | 0.00%             | 2055-06-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO LLC                                                     | BEACH ACQUISITION BIDCO LLC 144A LIFE SR UNSEC PIK 10.0% 07-15-33                               | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $15585225.00   | 0.06%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| USA COMPRESSION PARTNERS LP                                                     | USA COMPRESSION PARTNERS LP SR UNSEC 6.875% 09-01-27                                            | CUSIP: 91740PAF5<br>LEI: 5493000B1PEOKXRZEO65 | Long             | DBT              | CORP              | US        |   4503000 | PA      | $4514874.41    | 0.02%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                    | UNIVISION COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 6.625% 06-01-27                          | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |  88315000 | PA      | $88155326.48   | 0.36%             | 2027-06-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                              | UNITED RENTALS NORTH AMERICA INC SR UNSEC 3.875% 02-15-31                                       | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |  14145000 | PA      | $13311053.24   | 0.05%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                           | UBER TECHNOLOGIES INC 144A LIFE SR UNSEC 6.25% 01-15-28                                         | CUSIP: 90353TAG5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |  17200000 | PA      | $17292862.80   | 0.07%             | 2028-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                                                        | UNITED NATURAL FOODS INC 144A LIFE SR UNSEC 6.75% 10-15-28                                      | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |  13580000 | PA      | $13416523.96   | 0.05%             | 2028-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                    | UNIVISION COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 4.5% 05-01-29                            | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        | 103667000 | PA      | $94355319.06   | 0.39%             | 2029-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                              | UNITED RENTALS NORTH AMERICA INC SR UNSEC 3.75% 01-15-32                                        | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |  11090000 | PA      | $10194837.38   | 0.04%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                           | UBER TECHNOLOGIES INC 144A LIFE SR UNSEC 4.5% 08-15-29                                          | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   7050000 | PA      | $7013452.80    | 0.03%             | 2029-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| US FOODS INC                                                                    | US FOODS INC 144A LIFE SR UNSEC 4.625% 06-01-30                                                 | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   8325000 | PA      | $8114385.83    | 0.03%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                    | UNIVISION COMMUNICATIONS INC 144A LIFE SR SEC 1ST LIEN 7.375% 06-30-30                          | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |  56266000 | PA      | $55337892.33   | 0.23%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| VIASAT INC                                                                      | VIASAT INC 144A LIFE SR UNSEC 6.5% 07-15-28                                                     | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |  34211000 | PA      | $32362613.88   | 0.13%             | 2028-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FINANCE PLC                                                | VIRGIN MEDIA SECURED FINANCE PLC 144A LIFE SR SEC 1ST LIEN 4.5% 08-15-30                        | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $930014.00     | 0.00%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                                                      | VMED O2 UK FINANCING I PLC 144A LIFE SR SEC 1ST LIEN 4.25% 01-31-31                             | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |  23140000 | PA      | $21213456.16   | 0.09%             | 2031-01-31      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| AIMBRIDGE ACQUISITION CO INC                                                    | AIMBRIDGE ACQUISITION CO INC PIK TL 1ST LIEN SECOND OUT (TSFR1M+761.448)(FLR 1.00) FRN 03-11-30 | CUSIP: 00900YAH9<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |  12417187 | PA      | $12417186.73   | 0.05%             | 2030-03-11      | Variable      | 11.94%                | No            |                  3 | On Loan: No      |
| ALERA GROUP INTERMEDIATE HOLDINGS INC                                           | ALERA GROUP INTERMEDIATE HOLDINGS TL-B 1ST LIEN (TSFR3M+325) (FLR 0.5) FRN 05-15-32             | CUSIP: N/A<br>LEI: 549300BPCKH0Q3R2H875       | Long             | LON              | CORP              | US        |   7000000 | PA      | $7027503.00    | 0.03%             | 2032-05-15      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| ALERA GROUP INTERMEDIATE HOLDINGS INC                                           | ALERA GROUP INTERMEDIATE HOLDINGS TL-B 2ND LIEN (TSFR3M+550) (FLR 0.5) FRN 05-15-33             | CUSIP: N/A<br>LEI: 549300BPCKH0Q3R2H875       | Long             | LON              | CORP              | US        |  30965000 | PA      | $31616565.53   | 0.13%             | 2033-05-15      | Variable      | 9.82%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                         | TALEN ENERGY SUPPLY LLC TL-B (TSFR3M+250)(FLR 0.5) FRN 05-17-30                                 | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |   5880262 | PA      | $5902313.48    | 0.02%             | 2030-05-17      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| TRUIST INSURANCE HOLDINGS LLC                                                   | TRUIST INSURANCE HOLDINGS LLC TL 2ND LIEN (TSFR3M+475) (FLR 0.00) FRN 05-06-32                  | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  64377632 | PA      | $65303060.08   | 0.27%             | 2032-05-06      | Variable      | 9.05%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                                                        | TEAM HEALTH TL B (TSFR3M+525) (FLR 1.00) FRN 03-02-27                                           | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |   1028967 | PA      | $1024850.68    | 0.00%             | 2027-03-02      | Variable      | 9.53%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                                                        | UNITED NATURAL FOODS INC TL-B 1ST LIEN (TSFR3M+475)(FLR 0.0) FRN 05-01-31                       | CUSIP: 91116KAD7<br>LEI: 549300GKGW6WPZ282D40 | Long             | LON              | CORP              | US        |  65818584 | PA      | $66641316.40   | 0.27%             | 2031-05-01      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| VENATOR MATERIALS LLC                                                           | VENATOR MATERIAL LLC PIK TL 1ST LIEN (TSFR3M+200) FRN 01-16-26                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  11288354 | PA      | $6208594.48    | 0.03%             | 2026-01-16      | Variable      | 6.26%                 | No            |                  3 | On Loan: No      |
| VERDE PURCHASER LLC                                                             | VERDE PURCHASER LLC TL-B 1ST LIEN (TSFR3M+400)(FLR 0.0) FRN 11-30-30                            | CUSIP: 92338TAB2<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | LON              | CORP              | US        |   4768020 | PA      | $4790372.53    | 0.02%             | 2030-11-30      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| VENATOR MATERIALS LLC                                                           | VENATOR MATERIAL LLC PIK TL 1ST LIEN (TSFR3M+800)(FLR 1.00) FRN 07-16-26                        | CUSIP: L9632YAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11349894 | PA      | $6242441.46    | 0.03%             | 2026-07-16      | Variable      | 12.39%                | No            |                  3 | On Loan: No      |
| VOYAGER PARENT LLC                                                              | VOYAGER PARENT LLC TL-B 1ST LIEN (TSFR3M+475)(FLR 0.0) FRN 07-01-32                             | CUSIP: N/A<br>LEI: 2549002DYVI4ACSV4V71       | Long             | LON              | CORP              | US        |   9875000 | PA      | $9784189.50    | 0.04%             | 2032-05-10      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| X CORP                                                                          | X CORPORATION TL-B 1ST LIEN (TSFR3M+650)(FLR 0.5) FRN 10-26-29                                  | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  36991084 | PA      | $36189598.36   | 0.15%             | 2029-10-26      | Variable      | 10.93%                | No            |                  2 | On Loan: No      |
| X CORP                                                                          | X CORP TL-B3 1ST LIEN 9.5% 10-26-29                                                             | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9000000 | PA      | $8761500.00    | 0.04%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT)                                        | COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51                                                       | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   8698964 | PA      | $5502095.00    | 0.02%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT)                                        | COMMONWEALTH OF PUERTO RICO FRN 11-01-43                                                        | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   7871429 | PA      | $4850767.87    | 0.02%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS COMBINED TIRZ I LLC                                                       | TEXAS COMBINED TIRZ I LLC 144A LIFE SR SEC 1ST LIEN 0.0% 12-07-62                               | CUSIP: 881935AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3200000.00    | 0.01%             | 2062-12-07      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| FRONTIER COMMUNICATIONS PARENT INC                                              | FRONTIER COMMUNICATIONS PARENT INC                                                              | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    250000 | NS      | $9100000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IHEARTMEDIA INC                                                                 | IHEARTMEDIA INC CL A                                                                            | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    310596 | NS      | $546648.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL GROUP CENTRAL CASH FUND                                                 | CAPITAL GROUP CENTRAL CASH FUND                                                                 | CUSIP: 14020B102<br>LEI: 549300YD0SRETB6WWP29 | Long             | STIV             | RF                | US        |  22728479 | NS      | $2272847909.00 | 9.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CDX HIGH YIELD ISSUER                                                           | CDX NA HY S44 5.0% 03-20-25/06-20-30 ICE                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              | CORP              | US        |         1 | NC      | $-5103746.98   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MYT HOLDING LLC                                                                 | MYT HOLDINGS LLC PFD SERIES A 10.0% 6-6-29                                                      | CUSIP: 55406N202<br>LEI: N/A                  | Long             | EP               | CORP              | US        |  15503905 | NS      | $20348875.31   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDO INC                                                                        | ENDO INC                                                                                        | CUSIP: 29290D117<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2000808 | NS      | $41990957.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TALEN ENERGY CORP                                                               | TALEN ENERGY CORP                                                                               | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    439665 | NS      | $127841392.05  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTERNATIONAL PLC                                                   | WEATHERFORD INTERNATIONAL PLC                                                                   | CUSIP: N/A<br>LEI: 549300VBJS7MG74G2H60       | Long             | EC               | CORP              | US        |    206113 | NS      | $10369545.03   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                                                                | EXXON MOBIL CORP                                                                                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       130 | NS      | $14014.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOMBARDIER INC                                                                  | BOMBARDIER INC 144A LIFE SR UNSEC 7.45% 05-01-34                                                | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1850000 | PA      | $2015889.50    | 0.01%             | 2034-05-01      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| BRINK'S CO (THE)                                                                | BRINK'S CO 144A LIFE SR UNSEC 4.625% 10-15-27                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |  10371000 | PA      | $10312383.11   | 0.04%             | 2027-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PROPERTY REIT INC                                                    | BROOKFIELD PROPERTY REIT INC 144A LIFE SR SEC 1ST LIEN 5.75% 05-15-26                           | CUSIP: 11284DAA3<br>LEI: 549300K1JD1LDRNBET48 | Long             | DBT              | CORP              | US        |  17857000 | PA      | $17819678.87   | 0.07%             | 2026-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BOEING CO/THE                                                                   | BOEING CO SR UNSEC 3.6% 05-01-34                                                                | CUSIP: 097023CJ2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4622000 | PA      | $4075785.91    | 0.02%             | 2034-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MPT FINANCE CORP                                                                | MPT OPERATING PARTNERSHIP LP EUR 144A LIFE SR SEC 1ST LIEN 7.0% 02-15-32                        | CUSIP: N/A<br>LEI: 549300GMTGMY6F98X275       | Long             | DBT              | CORP              | US        |  17250000 | PA      | $20847948.01   | 0.09%             | 2032-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                    | MPT OPERATING PARTNERSHIP LP 144A LIFE SR SEC 1ST LIEN 8.5% 02-15-32                            | CUSIP: 55342UAQ7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        | 115979000 | PA      | $121471881.42  | 0.50%             | 2032-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| MINERA MEXICO SA DE CV                                                          | MINERA MEXICO SA DE CV 144A LIFE SR UNSEC 5.625% 02-12-32                                       | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |   2205000 | PA      | $2244866.40    | 0.01%             | 2032-02-12      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                                                        | MARS INC 144A LIFE SR UNSEC 4.6% 03-01-28                                                       | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   3610000 | PA      | $3640096.57    | 0.01%             | 2028-03-01      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                                                        | MARS INC 144A LIFE SR UNSEC 5.2% 03-01-35                                                       | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    223000 | PA      | $225783.04     | 0.00%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                                                                        | MARS INC 144A LIFE SR UNSEC 5.7% 05-01-55                                                       | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    187000 | PA      | $186676.49     | 0.00%             | 2055-05-01      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                | MDC HOLDINGS INC SR UNSEC 6.0% 01-15-43                                                         | CUSIP: 552676AQ1<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |  16252000 | PA      | $14717063.61   | 0.06%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                   | METHANEX CORP SR UNSEC 5.65% 12-01-44                                                           | CUSIP: 59151KAJ7<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |   9445000 | PA      | $7513440.83    | 0.03%             | 2044-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                    | MPT OPERATING PARTNERSHIP LP SR UNSEC 5.0% 10-15-27                                             | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        | 237403000 | PA      | $219485720.78  | 0.90%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                                                       | MGM RESORTS INTERNATIONAL SR UNSEC 5.5% 04-15-27                                                | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   5707000 | PA      | $5741436.04    | 0.02%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                           | MINERAL RESOURCES LTD 144A LIFE SR UNSEC 8.125% 05-01-27                                        | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |  14463000 | PA      | $14465791.36   | 0.06%             | 2027-05-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| LABL INC                                                                        | LABL INC 144A LIFE SR UNSEC 10.5% 07-15-27                                                      | CUSIP: 50168AAA8<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |   6375000 | PA      | $6104840.25    | 0.02%             | 2027-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                    | MPT OPERATING PARTNERSHIP LP SR UNSEC 4.625% 08-01-29                                           | CUSIP: 55342UAJ3<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |   4860000 | PA      | $3833568.00    | 0.02%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                   | METHANEX CORP SR UNSEC 5.25% 12-15-29                                                           | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |  18118000 | PA      | $17911400.45   | 0.07%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                        | MSCI INC 144A LIFE SR UNSEC 3.875% 02-15-31                                                     | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |  23300000 | PA      | $21986951.80   | 0.09%             | 2031-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                           | MOLINA HEALTHCARE INC 144A LIFE SR UNSEC 4.375% 06-15-28                                        | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |  21845000 | PA      | $21367162.47   | 0.09%             | 2028-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LTD                                                       | MELCO RESORTS FINANCE LTD 144A LIFE SR UNSEC 5.75% 07-21-28                                     | CUSIP: 58547DAE9<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   8910000 | PA      | $8727345.00    | 0.04%             | 2028-07-21      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESORTS INC                                                  | MARRIOTT OWNERSHIP RESORTS INC SR UNSEC 4.75% 01-15-28                                          | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1468726.50    | 0.01%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                   | METHANEX CORP SR UNSEC 5.125% 10-15-27                                                          | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |  52210000 | PA      | $52068510.90   | 0.21%             | 2027-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                           | MOLINA HEALTHCARE INC 144A LIFE SR UNSEC 3.875% 11-15-30                                        | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |  47455000 | PA      | $44169215.80   | 0.18%             | 2030-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                                    | MPT OPERATING PARTNERSHIP LP SR UNSEC 3.5% 03-15-31                                             | CUSIP: 55342UAM6<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |  28833000 | PA      | $20411688.02   | 0.08%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                                                                 | MEG ENERGY CORP 144A LIFE SR UNSEC 5.875% 02-01-29                                              | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |  33520000 | PA      | $33506726.08   | 0.14%             | 2029-02-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                                              | MURPHY OIL USA INC 144A LIFE SR UNSEC 3.75% 02-15-31                                            | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |  21480000 | PA      | $19840173.84   | 0.08%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| MURPHY OIL CORP                                                                 | MURPHY OIL CORP SR UNSEC 6.375% 07-15-28                                                        | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |   4682000 | PA      | $4724756.02    | 0.02%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MACYS RETAIL HOLDINGS LLC                                                       | MACY'S RETAIL HOLDINGS LLC 144A LIFE SR UNSEC 5.875% 04-01-29                                   | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1810000 | PA      | $1793081.93    | 0.01%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MSCI INC                                                                        | MSCI INC 144A LIFE SR UNSEC 3.625% 11-01-31                                                     | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   7125000 | PA      | $6569855.63    | 0.03%             | 2031-11-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| MUELLER WATER PRODUCTS INC                                                      | MUELLER WATER PRODUCTS INC 144A LIFE SR UNSEC 4.0% 06-15-29                                     | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |   5115000 | PA      | $4914359.01    | 0.02%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                             | NCL CORP LTD 144A LIFE SR SEC 1ST LIEN 5.875% 02-15-27                                          | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |  12465000 | PA      | $12525617.30   | 0.05%             | 2027-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                               | NEWELL BRANDS INC SR UNSEC 6.625% 09-15-29                                                      | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   9500000 | PA      | $9421558.50    | 0.04%             | 2029-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                            | NOBLE FINANCE II LLC 144A LIFE SR UNSEC 8.0% 04-15-30                                           | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  41175000 | PA      | $41960536.65   | 0.17%             | 2030-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 9.375% 07-25-30                                                           | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  33134000 | PA      | $36573010.99   | 0.15%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                        | NORTHERN OIL & GAS INC 144A LIFE SR UNSEC 8.75% 06-15-31                                        | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |  16840000 | PA      | $17374585.80   | 0.07%             | 2031-06-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| NCR ATLEOS CORP                                                                 | NCR ATLEOS CORP 144A LIFE SR SEC 1ST LIEN 9.5% 04-01-29                                         | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |  44430000 | PA      | $48700967.04   | 0.20%             | 2029-04-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                                                    | NAVIENT CORP SR UNSEC 11.5% 03-15-31                                                            | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  51335000 | PA      | $58201774.94   | 0.24%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                             | NOVA CHEMICALS CORP 144A LIFE SR SEC 1ST LIEN 8.5% 11-15-28                                     | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |   5030000 | PA      | $5318696.85    | 0.02%             | 2028-11-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                           | NABORS INDUSTRIES INC 144A LIFE SR UNSEC 9.125% 01-31-30                                        | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |  20550000 | PA      | $19692921.15   | 0.08%             | 2030-01-31      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 7.5% 05-15-31                                                     | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   3110000 | PA      | $3251713.37    | 0.01%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 3.875% 09-15-28                                                   | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   3870000 | PA      | $3713895.81    | 0.02%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                                                          | OPTION CARE HEALTH INC 144A LIFE SR UNSEC 4.375% 10-31-29                                       | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |   4125000 | PA      | $3973249.50    | 0.02%             | 2029-10-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                                  | OPEN TEXT CORP 144A LIFE SR UNSEC 3.875% 12-01-29                                               | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   8075000 | PA      | $7614062.85    | 0.03%             | 2029-12-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                                            | RLJ LODGING TRUST LP 144A LIFE SR SEC 1ST LIEN 3.75% 07-01-26                                   | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1069844.76    | 0.00%             | 2026-07-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                     | ROYAL CARIBBEAN CRUISES LTD 144A LIFE SR UNSEC 4.25% 07-01-26                                   | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3982376.00    | 0.02%             | 2026-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                                            | RLJ LODGING TRUST LP 144A LIFE SR SEC 1ST LIEN 4.0% 09-15-29                                    | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |   6620000 | PA      | $6182126.72    | 0.03%             | 2029-09-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                                                            | WMG ACQUISITION CORP 144A LIFE SR SEC 1ST LIEN 3.75% 12-01-29                                   | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |  30238000 | PA      | $28368354.22   | 0.12%             | 2029-12-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| WARRIOR MET COAL INC                                                            | WARRIOR MET COAL INC 144A LIFE SR SEC 1ST LIEN 7.875% 12-01-28                                  | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |  13925000 | PA      | $14219235.25   | 0.06%             | 2028-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                        | WYNN RESORTS FINANCE LLC 144A LIFE SR UNSEC 7.125% 02-15-31                                     | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10396000 | PA      | $11093426.06   | 0.05%             | 2031-02-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| SATURN OIL & GAS INC                                                            | SATURN OIL & GAS INC 144A LIFE SR SEC 1ST LIEN SF 9.625% 06-15-29                               | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |  13219000 | PA      | $13147339.80   | 0.05%             | 2029-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                     | STARWOOD PROPERTY TRUST INC 144A LIFE SR UNSEC 6.5% 07-01-30                                    | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |  12900000 | PA      | $13332601.50   | 0.05%             | 2030-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| SLM CORP                                                                        | SLM CORP SR UNSEC 6.5% 01-31-30                                                                 | CUSIP: 78442PGF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16510000 | PA      | $17342104.00   | 0.07%             | 2030-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROUP INC                                                   | SINCLAIR TELEVISION GROUP INC 144A LIFE SR SEC 1ST LIEN 8.125% 02-15-33                         | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |  30385000 | PA      | $30721848.11   | 0.13%             | 2033-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                                                              | SAAVI ENERGIA SARL 144A LIFE SR UNSEC 8.875% 02-10-35                                           | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |  11702000 | PA      | $12225664.50   | 0.05%             | 2035-02-10      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SNAP INC                                                                        | SNAP INC 144A LIFE SR UNSEC 6.875% 03-01-33                                                     | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |  37005000 | PA      | $37994920.76   | 0.16%             | 2033-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP 144A LIFE SR UNSEC 6.25% 07-01-33                                                     | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  19925000 | PA      | $20270180.70   | 0.08%             | 2033-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                     | STARWOOD PROPERTY TRUST INC 144A LIFE SR UNSEC 6.5% 10-15-30                                    | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   9490000 | PA      | $9821580.60    | 0.04%             | 2030-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| SABRE GLBL INC                                                                  | SABRE GLBL INC 144A LIFE SR SEC 1ST LIEN 11.125% 07-15-30                                       | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |  63425000 | PA      | $66421831.25   | 0.27%             | 2030-07-15      | Fixed         | 11.12%                | Yes           |                  2 | On Loan: No      |
| SPRINT CAPITAL CORPORATION                                                      | SPRINT CAPITAL CORP SR UNSEC 6.875% 11-15-28                                                    | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   6365000 | PA      | $6834647.89    | 0.03%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROUP INC                                                   | SINCLAIR TELEVISION GROUP INC 144A LIFE SR UNSEC 5.125% 02-15-27                                | CUSIP: 829259AW0<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $963012.00     | 0.00%             | 2027-02-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| SPRINT CAPITAL CORPORATION                                                      | SPRINT CAPITAL CORP SR UNSEC 8.75% 03-15-32                                                     | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |  17147000 | PA      | $20810507.99   | 0.08%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                             | SIRIUS XM RADIO LLC 144A LIFE SR UNSEC 5.0% 08-01-27                                            | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  23280000 | PA      | $23096995.92   | 0.09%             | 2027-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL/US                                                   | SERVICE CORP INTERNATIONAL SR UNSEC 4.625% 12-15-27                                             | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   9870000 | PA      | $9816366.42    | 0.04%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                      | SPRINT LLC SR UNSEC 7.625% 03-01-26                                                             | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   9450000 | PA      | $9541428.75    | 0.04%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 7.125% 03-15-26                                                   | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   6311000 | PA      | $6408347.18    | 0.03%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                          | SPIRIT AEROSYSTEMS INC SR UNSEC 4.6% 06-15-28                                                   | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   1462000 | PA      | $1438198.64    | 0.01%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP SR UNSEC 5.875% 03-15-28                                                              | CUSIP: 86765LAN7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   4210000 | PA      | $4223897.21    | 0.02%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL/US                                                   | SERVICE CORP INTERNATIONAL SR UNSEC 5.125% 06-01-29                                             | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1816758.58    | 0.01%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                             | SIRIUS XM RADIO LLC 144A SR UNSEC 3.875% 09-01-31                                               | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        | 134998000 | PA      | $120086120.92  | 0.49%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                                                              | EXPAND ENERGY CORP SR UNSEC 5.375% 03-15-30                                                     | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |  15225000 | PA      | $15278500.65   | 0.06%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                                                            | SONIC AUTOMOTIVE INC 144A LIFE SR UNSEC 4.625% 11-15-29                                         | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |  38415000 | PA      | $37300427.19   | 0.15%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CNX MIDSTREAM PARTNERS LP                                                       | CNX MIDSTREAM PARTNERS LP 144A LIFE SR UNSEC 4.75% 04-15-30                                     | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5745000 | PA      | $5441537.61    | 0.02%             | 2030-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                  | CONSOLIDATED ENERGY FINANCE SA 144A LIFE SR UNSEC 5.625% 10-15-28                               | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |  19525000 | PA      | $16835782.70   | 0.07%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CANPACK SA                                                                      | CANPACK SA 144A LIFE SR UNSEC 3.875% 11-15-29                                                   | CUSIP: 13806CAA0<br>LEI: 259400TS8W5E4ILGVP08 | Long             | DBT              | CORP              | PL        |  39769000 | PA      | $37281528.59   | 0.15%             | 2029-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                                       | SUNOCO LP SR UNSEC 6.0% 04-15-27                                                                | CUSIP: 86765LAQ0<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  12591000 | PA      | $12595432.03   | 0.05%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                            | ONEMAIN FINANCE CORP SR UNSEC 5.375% 11-15-29                                                   | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  22500000 | PA      | $22147785.00   | 0.09%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                 | SEALED AIR CORP 144A LIFE SR UNSEC 4.0% 12-01-27                                                | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   7559000 | PA      | $7382527.59    | 0.03%             | 2027-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** American High Income Trust

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Lead Analyst