# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-015197
**Filing Date:** 2023-1
**Character Count:** 131782
**Document Hash:** 399bde431db2c9d461c449f657ed5b76
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015197.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015197

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23558247

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Short-Term High Income Fund (Series ID: S000007428)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020384 | Class A             | SSTHX           |
| C000064988 | Class C             | WFHYX           |
| C000092793 | Administrator Class | WDHYX           |
| C000123105 | Institutional Class | STYIX           |

## Nport-Ex

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Corporate bonds and notes: 78.68%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 8.06%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing Incorporated 144A | &nbsp;&nbsp;4.63% | &nbsp;&nbsp;9-15-2027 | &nbsp;&nbsp;$525000 | &nbsp;&nbsp;**$442313** |
| &nbsp;&nbsp;**Entertainment: 2.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dave & Buster's Incorporated 144A | &nbsp;&nbsp;7.63 | &nbsp;&nbsp;11-1-2025 | &nbsp;&nbsp;14246000 | &nbsp;&nbsp;&nbsp;&nbsp; 14316029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment Incorporated 144A | &nbsp;&nbsp;4.88 | &nbsp;&nbsp;11-1-2024 | &nbsp;&nbsp;12550000 | &nbsp;&nbsp;&nbsp;&nbsp; 12353844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment Incorporated 144A | &nbsp;&nbsp;6.50 | &nbsp;&nbsp;5-15-2027 | &nbsp;&nbsp; 3350000 | &nbsp;&nbsp;&nbsp;&nbsp; 3356342 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **30026215** |
| &nbsp;&nbsp;**Media: 4.61%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-1-2023 | &nbsp;&nbsp; 4800000 | &nbsp;&nbsp;&nbsp;&nbsp; 4772945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;5.13 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2027 | &nbsp;&nbsp; 430000 | &nbsp;&nbsp;&nbsp;&nbsp; 406991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2026 | &nbsp;&nbsp;16100000 | &nbsp;&nbsp;&nbsp;&nbsp; 15617000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cinemark USA Incorporated 144A | &nbsp;&nbsp;8.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;15447000 | &nbsp;&nbsp;&nbsp;&nbsp; 15756326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS Corporation | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;3-15-2023 | &nbsp;&nbsp; 4800000 | &nbsp;&nbsp;&nbsp;&nbsp; 4763400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television Incorporated 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;12152000 | &nbsp;&nbsp;&nbsp;&nbsp; 11193511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting Incorporated 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp; 6930000 | &nbsp;&nbsp;&nbsp;&nbsp; 6534436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Townsquare Media Incorporated 144A | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;&nbsp;&nbsp;2-1-2026 | &nbsp;&nbsp; 8630000 | &nbsp;&nbsp;&nbsp;&nbsp; 8006123 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **67050732** |
| &nbsp;&nbsp;**Wireless telecommunication services: 1.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint Corporation | &nbsp;&nbsp;7.13 | &nbsp;&nbsp;6-15-2024 | &nbsp;&nbsp;15109000 | &nbsp;&nbsp;&nbsp;&nbsp; 15429053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint Corporation | &nbsp;&nbsp;7.88 | &nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp; 4080000 | &nbsp;&nbsp;&nbsp;&nbsp; 4168291 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **19597344** |
| &nbsp;&nbsp;**Consumer discretionary: 14.25%** |  |  |  |  |
| &nbsp;&nbsp;**Auto components: 1.30%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission Incorporated 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;915000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;864895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP 144A | &nbsp;&nbsp;6.25 | &nbsp;&nbsp;5-15-2026 | &nbsp;&nbsp;6605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6543111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP 144A | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;7058000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7053500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodyear Tire & Rubber Company « | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;5-31-2026 | &nbsp;&nbsp;4624000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4443251 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18904757** |
| &nbsp;&nbsp;**Automobiles: 0.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Company | &nbsp;&nbsp;4.13 | &nbsp;&nbsp;8-17-2027 | &nbsp;&nbsp;4600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4196902** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 8.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A | &nbsp;&nbsp;9.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-1-2027 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A | 10.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-1-2026 | &nbsp;&nbsp;8110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8208131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCM Merger Incorporated 144A | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2026 | &nbsp;&nbsp;3145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2911421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cedar Fair LP 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;18580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18520916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating Company Incorporated 144A | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;17777000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17663405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Game Technology plc 144A | &nbsp;&nbsp;6.50 | &nbsp;&nbsp;2-15-2025 | &nbsp;&nbsp;4600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4623656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corporation | &nbsp;&nbsp;3.20 | &nbsp;&nbsp;&nbsp;&nbsp;8-8-2024 | &nbsp;&nbsp;21400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20449055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;7660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7623466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | 11.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-1-2025 | &nbsp;&nbsp;4939000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5297078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment Incorporated 144A | &nbsp;&nbsp;8.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;19407000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19843097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment Company 144A« | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;4-15-2027 | &nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment Company 144A« | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-1-2025 | &nbsp;&nbsp;12225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12255269 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**118372835** |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund) \| 1

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Household durables: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newell Brands Incorporated | 4.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp;$8195000 | &nbsp;&nbsp;**$7730835** |
| &nbsp;&nbsp;**Internet & direct marketing retail: 1.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | 4.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2024 | &nbsp;&nbsp;19710000 | &nbsp;&nbsp;&nbsp;&nbsp; **18765990** |
| &nbsp;&nbsp;**Leisure products: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mattel Incorporated 144A | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp; 1150000 | &nbsp;&nbsp;&nbsp;&nbsp; **1056057** |
| &nbsp;&nbsp;**Specialty retail: 1.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works Incorporated 144A | 9.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2025 | &nbsp;&nbsp;18196000 | &nbsp;&nbsp;&nbsp;&nbsp; 19078409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penske Automotive Group Incorporated | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2025 | &nbsp;&nbsp; 375000 | &nbsp;&nbsp;&nbsp;&nbsp; 351127 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **19429536** |
| &nbsp;&nbsp;**Textiles, apparel & luxury goods: 1.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G-III Apparel Group Limited 144A | 7.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;14600000 | &nbsp;&nbsp;&nbsp;&nbsp; 14143750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michael Kors USA Incorporated 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2024 | &nbsp;&nbsp; 4755000 | &nbsp;&nbsp;&nbsp;&nbsp; 4475644 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **18619394** |
| &nbsp;&nbsp;**Consumer staples: 2.11%** |  |  |  |  |
| &nbsp;&nbsp;**Food products: 1.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group Incorporated 144A | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;14552000 | &nbsp;&nbsp;&nbsp;&nbsp; 14552000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods Incorporated 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;13023000 | &nbsp;&nbsp;&nbsp;&nbsp; 13144635 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **27696635** |
| &nbsp;&nbsp;**Household products: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spectrum Brands Incorporated | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp; 2940000 | &nbsp;&nbsp;&nbsp;&nbsp; **2893901** |
| &nbsp;&nbsp;**Energy: 12.68%** |  |  |  |  |
| &nbsp;&nbsp;**Energy equipment & services: 1.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oceaneering International Incorporated | 4.65 | &nbsp;&nbsp;11-15-2024 | &nbsp;&nbsp;20585000 | &nbsp;&nbsp;&nbsp;&nbsp; 19949129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners LP | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp;6330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6060975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners LP | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2027 | &nbsp;&nbsp;1795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1713687 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**27723791** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 10.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Company 144A | 7.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2026 | &nbsp;&nbsp;4823000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4920527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Antero Resources Corporation 144A | 8.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;6395000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6727274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners LP 144A | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2027 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP 144A | 4.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2025 | &nbsp;&nbsp;1795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1723613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP | 4.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2023 | &nbsp;&nbsp;8019000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7898795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestwood Midstream Partners LP | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2025 | &nbsp;&nbsp;16325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15914851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DCP Midstream Operating LP | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp;8640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8532671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP | 4.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2025 | &nbsp;&nbsp;5917000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5645706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enviva Partners LP 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp;21580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20574391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midsteram Partners LP | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2024 | &nbsp;&nbsp;7785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7434675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2025 | &nbsp;&nbsp;5546000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5562028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Murphy Oil Corporation | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;6086000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6058947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;8215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7960664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2023 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2487500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation | 8.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;1910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1992646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline LLC 144A | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;12920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12080200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Company | 5.70 | &nbsp;&nbsp;&nbsp;&nbsp;1-23-2025 | &nbsp;&nbsp;12702000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12574980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Company | 7.75 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2027 | &nbsp;&nbsp;5183000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5332259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners LP 144A | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;15890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16088625 |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund)

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Gas Partners LP | 3.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2025 | &nbsp;&nbsp;$1735000 | &nbsp;&nbsp;$1661263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Gas Partners LP | 4.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2026 | &nbsp;&nbsp; 5335000 | &nbsp;&nbsp;&nbsp;&nbsp; 5188474 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **156601964** |
| &nbsp;&nbsp;**Financials: 12.82%** |  |  |  |  |
| &nbsp;&nbsp;**Consumer finance: 5.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;6-16-2025 | &nbsp;&nbsp; 3955000 | &nbsp;&nbsp;&nbsp;&nbsp; 3829673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 5.58 | &nbsp;&nbsp;&nbsp;&nbsp;3-18-2024 | &nbsp;&nbsp;16860000 | &nbsp;&nbsp;&nbsp;&nbsp; 16670325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LFS TopCo LLC 144A | 5.88 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp; 2860000 | &nbsp;&nbsp;&nbsp;&nbsp; 2288053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 5.88 | &nbsp;&nbsp;10-25-2024 | &nbsp;&nbsp;14850000 | &nbsp;&nbsp;&nbsp;&nbsp; 14428086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 7.25 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2023 | &nbsp;&nbsp; 2265000 | &nbsp;&nbsp;&nbsp;&nbsp; 2265196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp; 2440000 | &nbsp;&nbsp;&nbsp;&nbsp; 1999925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2024 | &nbsp;&nbsp;17485000 | &nbsp;&nbsp;&nbsp;&nbsp; 17053121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation | 7.13 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp; 2350000 | &nbsp;&nbsp;&nbsp;&nbsp; 2276668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group Incorporated 144A | 7.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2025 | &nbsp;&nbsp; 6880000 | &nbsp;&nbsp;&nbsp;&nbsp; 6679699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage LLC 144A | 2.88 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;11865000 | &nbsp;&nbsp;&nbsp;&nbsp; 10117997 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **77608743** |
| &nbsp;&nbsp;**Diversified financial services: 2.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hat Holdings LLC 144A | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2026 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4349050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hat Holdings LLC 144A | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;15915000 | &nbsp;&nbsp;&nbsp;&nbsp; 15375641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage LLC 144A | 5.50 | &nbsp;&nbsp;11-15-2025 | &nbsp;&nbsp;15245000 | &nbsp;&nbsp;&nbsp;&nbsp; 14126627 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **33851318** |
| &nbsp;&nbsp;**Insurance: 0.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tri Pointe Homes Incorporated | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2024 | &nbsp;&nbsp;13183000 | &nbsp;&nbsp;&nbsp;&nbsp; **13161298** |
| &nbsp;&nbsp;**Mortgage REITs: 1.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;2930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2613965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 3.75 | &nbsp;&nbsp;12-31-2024 | &nbsp;&nbsp;7730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7304850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2025 | &nbsp;&nbsp;10120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9685975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2023 | &nbsp;&nbsp;2040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2033003 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21637793** |
| &nbsp;&nbsp;**Thrifts & mortgage finance: 2.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings Incorporated 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;23447000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22795877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ladder Capital Finance Holdings LP 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;18090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17190203 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39986080** |
| &nbsp;&nbsp;**Health care: 3.03%** |  |  |  |  |
| &nbsp;&nbsp;**Health care providers & services: 2.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPT Operating Partnership LP | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2026 | &nbsp;&nbsp;15940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14263271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corporation | 4.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp;14117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13813414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corporation 144A | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2026 | &nbsp;&nbsp;8135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7719952 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35796637** |
| &nbsp;&nbsp;**Health care technology: 0.57%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA Incorporated 144A | 5.00 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;8555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8234188** |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund) \| 3

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Industrials: 12.02%** |  |  |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 1.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group Incorporated 144A | 6.25% | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp;$2120000 | &nbsp;&nbsp;$2109697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group Incorporated 144A | 8.00 | &nbsp;&nbsp;12-15-2025 | &nbsp;&nbsp;18700000 | &nbsp;&nbsp;&nbsp;&nbsp; 19027250 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **21136947** |
| &nbsp;&nbsp;**Airlines: 3.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group Incorporated 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2026 | &nbsp;&nbsp; 5315000 | &nbsp;&nbsp;&nbsp;&nbsp; 5154584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Incorporated | 7.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp; 2600000 | &nbsp;&nbsp;&nbsp;&nbsp; 2686008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Airlines Incorporated | 3.90 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp; 3731243 | &nbsp;&nbsp;&nbsp;&nbsp; 3128784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Brand Intellectual Property Limited 144A | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-20-2026 | &nbsp;&nbsp; 6345000 | &nbsp;&nbsp;&nbsp;&nbsp; 6013410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-20-2027 | &nbsp;&nbsp; 5282000 | &nbsp;&nbsp;&nbsp;&nbsp; 5255537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman Limited 144A | 8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2025 | &nbsp;&nbsp;17906000 | &nbsp;&nbsp;&nbsp;&nbsp; 18106547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman Limited 144A | 8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2025 | &nbsp;&nbsp; 5220000 | &nbsp;&nbsp;&nbsp;&nbsp; 5290940 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **45635810** |
| &nbsp;&nbsp;**Commercial services & supplies: 3.63%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC 144A | 6.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp; 4955000 | &nbsp;&nbsp;&nbsp;&nbsp; 4707250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aramark Services Incorporated 144A | 6.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;18150000 | &nbsp;&nbsp;&nbsp;&nbsp; 18114063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreCivic Incorporated | 8.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp;15970000 | &nbsp;&nbsp;&nbsp;&nbsp; 16314130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stericycle Incorporated 144A | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp;13785000 | &nbsp;&nbsp;&nbsp;&nbsp; 13625094 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **52760537** |
| &nbsp;&nbsp;**Diversified consumer services: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC 144A | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp;10850000 | &nbsp;&nbsp;&nbsp;&nbsp; **10741500** |
| &nbsp;&nbsp;**Machinery: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stevens Holding Company Incorporated 144A | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2026 | &nbsp;&nbsp; 7110000 | &nbsp;&nbsp;&nbsp;&nbsp; **7169795** |
| &nbsp;&nbsp;**Road & rail: 1.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies Incorporated 144A | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;17570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17676457** |
| &nbsp;&nbsp;**Trading companies & distributors: 1.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Transportation & Infrastructure Investors LLC 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;20351000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19546118** |
| &nbsp;&nbsp;**Information technology: 4.28%** |  |  |  |  |
| &nbsp;&nbsp;**Electronic equipment, instruments & components: 1.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wesco Distribution Incorporated 144A | 7.13 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2025 | &nbsp;&nbsp;18072000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18297900** |
| &nbsp;&nbsp;**IT services: 1.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Block Incorporated | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2026 | &nbsp;&nbsp;1760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1572912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Incorporated 144A | 7.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2025 | &nbsp;&nbsp;1180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Incorporated 144A | 9.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;19150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19102125 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21798987** |
| &nbsp;&nbsp;**Software: 1.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Corporation 144A | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2027 | &nbsp;&nbsp;2060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2003350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NortonLifeLock Incorporated 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;13997000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13577090 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15580440** |
| &nbsp;&nbsp;**Technology hardware, storage & peripherals: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;6950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6550375** |

---

See accompanying notes to portfolio of investments

------

4 \| Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund)

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Materials: 4.31%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 1.81%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avient Corporation 144A | 5.75% | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;$6760000 | &nbsp;&nbsp;$6590860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holding LLC | 6.05 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2025 | &nbsp;&nbsp;19775000 | &nbsp;&nbsp;&nbsp;&nbsp; 19675680 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **26266540** |
| &nbsp;&nbsp;**Containers & packaging: 1.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berry Global Incorporated 144A | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp; 1750000 | &nbsp;&nbsp;&nbsp;&nbsp; 1679108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berry Global Incorporated 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp;&nbsp;&nbsp; 137200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens-Brockway Packaging Incorporated 144A | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2023 | &nbsp;&nbsp; 5025000 | &nbsp;&nbsp;&nbsp;&nbsp; 4983096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corporation 144A | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2024 | &nbsp;&nbsp; 7629000 | &nbsp;&nbsp;&nbsp;&nbsp; 7617557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corporation 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2025 | &nbsp;&nbsp; 7550000 | &nbsp;&nbsp;&nbsp;&nbsp; 7489298 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **21906259** |
| &nbsp;&nbsp;**Metals & mining: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs Incorporated 144A | 6.75 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp; 4885000 | &nbsp;&nbsp;&nbsp;&nbsp; **4897213** |
| &nbsp;&nbsp;**Paper & forest products: 0.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper Corporation 144A | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2025 | &nbsp;&nbsp; 9870000 | &nbsp;&nbsp;&nbsp;&nbsp; **9581872** |
| &nbsp;&nbsp;**Real estate: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust Company | 4.35 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2024 | &nbsp;&nbsp; 6750000 | &nbsp;&nbsp;&nbsp;&nbsp; 6299775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust Company | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2025 | &nbsp;&nbsp; 4085000 | &nbsp;&nbsp;&nbsp;&nbsp; 3952238 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **10252013** |
| &nbsp;&nbsp;**Utilities: 4.41%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 1.87%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Operating Partners LP 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp;28132000 | &nbsp;&nbsp;&nbsp;&nbsp; **27183723** |
| &nbsp;&nbsp;**Independent power & renewable electricity producers: 2.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NSG Holdings LLC 144A | 7.75 | &nbsp;&nbsp;12-15-2025 | &nbsp;&nbsp;17947630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17460890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2026 | &nbsp;&nbsp;14225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13765949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;5910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717648 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**36944487** |
| &nbsp;&nbsp;**Total Corporate bonds and notes (Cost $1,180,474,576)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**1143312231** |
| &nbsp;&nbsp;**Loans: 5.34%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television Incorporated (1 Month LIBOR +2.50%) ± | 6.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-7-2024 | &nbsp;&nbsp;1669968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1665793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hubbard Radio LLC (3 Month LIBOR +4.25%) ± | 8.32 | &nbsp;&nbsp;&nbsp;&nbsp;3-28-2025 | &nbsp;&nbsp;944169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827328 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2493121** |
| &nbsp;&nbsp;**Consumer discretionary: 1.10%** |  |  |  |  |
| &nbsp;&nbsp;**Auto components: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP (1 Month LIBOR +3.25%) ± | 7.32 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2026 | &nbsp;&nbsp;2194428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2156486** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation (1 Month LIBOR +3.00%) ± | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2025 | &nbsp;&nbsp;6720301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6453572** |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund) \| 5

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Leisure products: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment Incorporated (1 Month LIBOR +3.00%) ± | 7.13% | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2028 | &nbsp;&nbsp;$7529092 | &nbsp;&nbsp;**$7373842** |
| &nbsp;&nbsp;**Energy: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GIP II Blue Holdings LP (1 Month LIBOR +4.50%) ± | 8.17 | &nbsp;&nbsp;&nbsp;&nbsp;9-29-2028 | &nbsp;&nbsp; 4166530 | &nbsp;&nbsp;&nbsp;&nbsp; **4128323** |
| &nbsp;&nbsp;**Financials: 0.88%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified financial services: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Resolute Investment Managers Incorporated (1 Month LIBOR +4.25%) ‡± | 7.92 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2024 | &nbsp;&nbsp; 2483554 | &nbsp;&nbsp;&nbsp;&nbsp; 2067558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russell Investments US Institutional Holdco Incorporated (1 Month LIBOR +3.50%) ± | 7.57 | &nbsp;&nbsp;&nbsp;&nbsp;5-30-2025 | &nbsp;&nbsp; 8512718 | &nbsp;&nbsp;&nbsp;&nbsp; 7980673 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **10048231** |
| &nbsp;&nbsp;**Mortgage REITs: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Claros Mortgage Trust Incorporated (U.S. SOFR 1 Month +4.50%) ‡± | 8.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-9-2026 | &nbsp;&nbsp; 2788925 | &nbsp;&nbsp;&nbsp;&nbsp; **2743605** |
| &nbsp;&nbsp;**Industrials: 2.48%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 2.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines Incorporated (3 Month LIBOR +2.00%) ± | 5.80 | &nbsp;&nbsp;12-15-2023 | &nbsp;&nbsp; 9750000 | &nbsp;&nbsp;&nbsp;&nbsp; 9694523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC (1 Month LIBOR +5.25%) ± | 8.78 | &nbsp;&nbsp;&nbsp;&nbsp;6-21-2027 | &nbsp;&nbsp; 8906250 | &nbsp;&nbsp;&nbsp;&nbsp; 9151172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SkyMiles IP Limited (3 Month LIBOR +3.75%) ± | 7.99 | &nbsp;&nbsp;10-20-2027 | &nbsp;&nbsp;11555000 | &nbsp;&nbsp;&nbsp;&nbsp; 11708104 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **30553799** |
| &nbsp;&nbsp;**Commercial services & supplies: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GFL Environmental Incorporated (1 Month LIBOR +3.00%) ± | 7.41 | &nbsp;&nbsp;&nbsp;&nbsp;5-30-2025 | &nbsp;&nbsp; 2579062 | &nbsp;&nbsp;&nbsp;&nbsp; **2572615** |
| &nbsp;&nbsp;**Machinery: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertical US Newco Incorporated (6 Month LIBOR +3.50%) ± | 6.87 | &nbsp;&nbsp;&nbsp;&nbsp;7-30-2027 | &nbsp;&nbsp; 21314 | &nbsp;&nbsp;&nbsp;&nbsp; **20408** |
| &nbsp;&nbsp;**Road & rail: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies Incorporated (1 Month LIBOR +3.50%) ± | 8.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-4-2025 | &nbsp;&nbsp; 2862679 | &nbsp;&nbsp;&nbsp;&nbsp; **2855523** |
| &nbsp;&nbsp;**Utilities: 0.43%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.43%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ExGen Renewables IV LLC (1 Month LIBOR +2.50%) ± | 7.24 | &nbsp;&nbsp;12-15-2027 | &nbsp;&nbsp;6242650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6178913** |
| &nbsp;&nbsp;**Total Loans (Cost $79,281,221)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**77578438** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salomon Brothers Mortgage Securities VII Series 1994-5 Class B2 | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2024 | &nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452 |
| &nbsp;&nbsp;**Total Non-agency mortgage-backed securities (Cost $473)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**452** |

---

See accompanying notes to portfolio of investments

------

6 \| Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund)

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Yankee corporate bonds and notes: 9.19%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.95%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.95%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Channel International Limited 144A | &nbsp;&nbsp;6.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2025 | &nbsp;&nbsp;$3000000 | &nbsp;&nbsp;$2839363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Videotron Limited 144A | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2024 | &nbsp;&nbsp;11023000 | &nbsp;&nbsp;&nbsp;&nbsp; 10912770 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **13752133** |
| &nbsp;&nbsp;**Consumer discretionary: 0.42%** |  |  |  |  |
| &nbsp;&nbsp;**Auto components: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings Limited 144A | &nbsp;&nbsp;4.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp; 5605000 | &nbsp;&nbsp;&nbsp;&nbsp; **5231763** |
| &nbsp;&nbsp;**Automobiles: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | &nbsp;&nbsp;5.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2023 | &nbsp;&nbsp; 896000 | &nbsp;&nbsp;&nbsp;&nbsp; **892559** |
| &nbsp;&nbsp;**Energy: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NorthRiver Midstream Finance LP 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;12275000 | &nbsp;&nbsp;&nbsp;&nbsp; **11624645** |
| &nbsp;&nbsp;**Financials: 1.97%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified financial services: 1.97%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DAE Funding LLC 144A | &nbsp;&nbsp;2.63 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp; 5910000 | &nbsp;&nbsp;&nbsp;&nbsp; 5482884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FMG Resources Proprietary Limited 144A | &nbsp;&nbsp;5.13 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2024 | &nbsp;&nbsp; 6771000 | &nbsp;&nbsp;&nbsp;&nbsp; 6715986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Red Finance Incorporated 144A | &nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;16390000 | &nbsp;&nbsp;&nbsp;&nbsp; 16430975 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **28629845** |
| &nbsp;&nbsp;**Health care: 1.44%** |  |  |  |  |
| &nbsp;&nbsp;**Pharmaceuticals: 1.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2024 | &nbsp;&nbsp;21195000 | &nbsp;&nbsp;&nbsp;&nbsp; **20900617** |
| &nbsp;&nbsp;**Industrials: 1.32%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 0.79%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust Series 2020-1 Class C 144A | 10.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;11315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11484097** |
| &nbsp;&nbsp;**Electrical equipment: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2024 | &nbsp;&nbsp;1605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1601533** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fly Leasing Limited 144A | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp;8255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6170029** |
| &nbsp;&nbsp;**Materials: 2.29%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.92%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Aerospace Holdings Company 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2024 | &nbsp;&nbsp;13602000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13401929** |
| &nbsp;&nbsp;**Containers & packaging: 0.92%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Packaging Finance plc 144A | &nbsp;&nbsp;5.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2025 | &nbsp;&nbsp;13934000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13410221** |
| &nbsp;&nbsp;**Metals & mining: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellium SE 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;6710000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6436702** |
| &nbsp;&nbsp;**Total Yankee corporate bonds and notes (Cost $140,478,139)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**133536073** |

---

See accompanying notes to portfolio of investments

------

Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund) \| 7

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Short-term investments: 7.11%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 7.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞ |  | 3.60% | &nbsp;&nbsp;&nbsp;&nbsp;97093175 | &nbsp;&nbsp;$97093175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC ♠∩∞ |  | 3.90 | &nbsp;&nbsp;&nbsp;&nbsp; 6203682 | &nbsp;&nbsp;&nbsp;&nbsp; 6203682 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $103,296,857)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **103296857** |
| &nbsp;&nbsp;**Total investments in securities (Cost $1,503,531,266)** | 100.32% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1457724051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(0.32) |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (4611676) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$1453112375** |

---

---

| | |
|:---|:---|
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933. |
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ‡ | Security is valued using significant unobservable inputs. |
| « | All or a portion of this security is on loan. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∩ | The investment is a non-registered investment company purchased with cash collateral received from securities on loan. |
| ∞ | The rate represents the 7-day annualized yield at period end. |

---

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| LIBOR | &nbsp;&nbsp;&nbsp;London Interbank Offered Rate |
| REIT | &nbsp;&nbsp;&nbsp;Real estate investment trust |
| SOFR | &nbsp;&nbsp;&nbsp;Secured Overnight Financing Rate |

---

#### Investments in affiliates
An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $59079830 | $268000140 | $(229986795) | &nbsp;&nbsp;&nbsp;&nbsp;$0 | $0 | &nbsp;&nbsp;$97093175 | 97093175 | $450753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257700 | &nbsp;&nbsp;&nbsp;&nbsp;19363220 | &nbsp;&nbsp;&nbsp;&nbsp;(13417142) | &nbsp;&nbsp;&nbsp;&nbsp;(100) | &nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6203682 | &nbsp;&nbsp;&nbsp;6203682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28021<sup>#</sup> |
|  |  |  |  | **$(100)** | **$4** | **$103296857** |  | **$478774** |

---

---

| | |
|:---|:---|
| <sup>#</sup> | Amount shown represents income before fees and rebates. |

---

See accompanying notes to portfolio of investments

------

8 \| Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund)

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g. taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Securities lending

The Fund may lend its securities from time to time in order to earn additional income in the form of fees or interest on securities received as collateral or the investment of any cash received as collateral. When securities are on loan, the Fund receives interest or dividends on those securities. Cash collateral received in connection with its securities lending transactions is invested in Securities Lending Cash Investments, LLC (the "Securities Lending Fund"), an affiliated non-registered investment company. Investments in Securities Lending Fund are valued at the evaluated bid price provided by an independent pricing service. The Securities Lending Fund is exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940 and is managed by Allspring Funds Management and is subadvised by Allspring Global Investments, LLC ("Allspring Investments"), an affiliate of Allspring Funds Management and wholly owned subsidiary of Allspring Global Investments Holdings, LLC. Allspring Funds Management receives an advisory fee starting at 0.05% and declining to 0.01% as the average daily net assets of the Securities Lending Fund increase. All of the fees received by Allspring Funds Management are paid to Allspring Investments for its services as subadviser. The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open Rate by investing in high-quality, U.S. dollar-denominated short-term money market instruments.

In a securities lending transaction, the net asset value of the Fund is affected by an increase or decrease in the value of the securities loaned and by an increase or decrease in the value of the instrument in which collateral is invested. The amount of securities lending activity undertaken by the Fund fluctuates from time to time. The Fund has the right under the lending agreement to recover the securities from the borrower on demand. In the event of default or bankruptcy by the borrower, the Fund may be prevented from recovering the loaned securities or gaining access to the collateral or may experience delays or costs in doing so. In such an event, the terms of the agreement allow the unaffiliated securities lending agent to use the collateral to purchase replacement securities on behalf of the Fund or pay the Fund the market value of the loaned securities. The Fund bears the risk of loss with respect to depreciation of its investment of the cash collateral.

Loans

The Fund may invest in direct debt instruments which are interests in amounts owed to lenders by corporate or other borrowers. The loans pay interest at rates which are periodically reset by reference to a base lending rate plus a spread. Investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. When the Fund purchases participations, it generally has no rights to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Fund assumes the credit risk of both the borrower and the lender that is selling the participation. When the Fund purchases assignments from lenders, it acquires direct rights against the borrower on the loan and may enforce compliance by the borrower with the terms of the loan agreement. Loans may include fully funded term loans or unfunded loan commitments, which are contractual obligations for future funding.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the

------

Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund) \| 9

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

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

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

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$1143312231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$1143312231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72767275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4811163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77578438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-agency mortgage-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133536073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133536073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;103296857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103296857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$103296857** | &nbsp;&nbsp;&nbsp;&nbsp;**$1349616031** | &nbsp;&nbsp;&nbsp;&nbsp;**$4811163** | &nbsp;&nbsp;&nbsp;&nbsp;**$1457724051** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.

For the three months ended November 30, 2022, the Fund did not have any transfers into/out of Level 3.

------

10 \| Allspring Short-Term High Income Fund (formerly, Allspring Short-Term High Yield Bond Fund)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 525 MARKET STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-222-8222

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

- **a. Name of Series:** Allspring Short-Term High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000007428

- **c. LEI of Series:** 549300XI3YHQBS68YO89

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $1475549918.29

**Total Liabilities:** $28425496.41

**Net Assets:** $1447124421.88

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -212.08000000 | **1-Year:** -16226.55000000 | **5-Year:** -18363.25000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** -4296.90000000 | **1-Year:** -150000.99000000 | **5-Year:** -78262.30000000 | **10-Year:** -774.26000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092793 | -1.19%               | 1.82%                | 1.04%                |
| Class ID C000020384 | -1.20%               | 1.81%                | 1.02%                |
| Class ID C000064988 | -1.26%               | 1.74%                | 1.09%                |
| Class ID C000123105 | -1.18%               | 1.84%                | 1.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3903.64                 | $-18401723.57                              |
| Month 2  | $-158868.41              | $17383823.03                               |
| Month 3  | $-328281.22              | $9657260.93                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CLARIOS GLOBAL LP                                          | Clarios Global LP                                                               | CUSIP: 18060TAA3<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |   7058000 | PA      | $7053499.61   | 0.49%             | 2025-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                   | EnLink Midstream Partners LP                                                    | CUSIP: 29336UAE7<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |   5917000 | PA      | $5645705.55   | 0.39%             | 2025-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                   | Ford Motor Credit Co LLC                                                        | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3955000 | PA      | $3829673.17   | 0.26%             | 2025-06-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                                              | LFS Topco LLC                                                                   | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2860000 | PA      | $2288053.14   | 0.16%             | 2026-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Allied Universal                                           | Allied Universal Holdco LLC / Allied Universal Finance Corp                     | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4955000 | PA      | $4707250.00   | 0.33%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                   | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                          | CUSIP: 03969AAQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |  13934000 | PA      | $13410220.94  | 0.93%             | 2025-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michael Kors USA Inc                                       | Michael Kors USA Inc                                                            | CUSIP: 59408TAA8<br>LEI: 549300MIBZ1H6BCOET19 | Long             | DBT              | CORP              | US        |   4755000 | PA      | $4475643.75   | 0.31%             | 2024-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                     | CUSIP: 85571BAS4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   2040000 | PA      | $2033002.80   | 0.14%             | 2023-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                           | Berry Global Inc                                                                | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1679107.50   | 0.12%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                    | DCP Midstream Operating LP                                                      | CUSIP: 23311VAG2<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |   8640000 | PA      | $8532671.16   | 0.59%             | 2025-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLY LEASING LTD                                            | Fly Leasing Ltd                                                                 | CUSIP: 14308CAA1<br>LEI: 549300LI58A0MHGHTZ98 | Long             | DBT              | CORP              | BM        |   8255000 | PA      | $6170029.37   | 0.43%             | 2024-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                   | Celanese US Holdings LLC                                                        | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  19775000 | PA      | $19675680.06  | 1.36%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                   | Ford Motor Credit Co LLC                                                        | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4196902.00   | 0.29%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                 | Sprint LLC                                                                      | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |  15109000 | PA      | $15429053.04  | 1.07%             | 2024-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                     | HAT Holdings I LLC / HAT Holdings II LLC                                        | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |  15915000 | PA      | $15375640.65  | 1.06%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                   | EQM Midstream Partners LP                                                       | CUSIP: 26885BAA8<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   7785000 | PA      | $7434675.00   | 0.51%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                    | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                    | CUSIP: 87470LAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15890000 | PA      | $16088625.00  | 1.11%             | 2025-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                     | Goodyear Tire & Rubber Co/The                                                   | CUSIP: 382550BF7<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   4624000 | PA      | $4443250.89   | 0.31%             | 2026-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| HAWAIIAN BRAND INTELLECT                                   | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd            | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   6345000 | PA      | $6013410.30   | 0.42%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                     | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $406990.70    | 0.03%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                       | Range Resources Corp                                                            | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1992645.70   | 0.14%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT                                     | Air Canada 2020-1 Class C Pass Through Trust                                    | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  11315000 | PA      | $11484097.02  | 0.79%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                   | Western Midstream Operating LP                                                  | CUSIP: 958254AE4<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1661262.50   | 0.11%             | 2025-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                   | EQT Corp                                                                        | CUSIP: 26884LAH2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   5546000 | PA      | $5562027.94   | 0.38%             | 2025-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                       | Oceaneering International Inc                                                   | CUSIP: 675232AA0<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |  20585000 | PA      | $19949129.35  | 1.38%             | 2024-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Spectrum Brands Inc                                        | Spectrum Brands Inc                                                             | CUSIP: 84762LAU9<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |   2940000 | PA      | $2893900.92   | 0.20%             | 2025-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                           | Cinemark USA Inc                                                                | CUSIP: 172441BC0<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |  15447000 | PA      | $15756326.18  | 1.09%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                   | Performance Food Group Inc                                                      | CUSIP: 71376LAD2<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |  14552000 | PA      | $14552000.00  | 1.01%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                                     | GFL Environmental Inc. 2020 Term Loan                                           | CUSIP: 000000000<br>LEI: 549300FYK4MBXWIVZU26 | Long             | LON              | CORP              | CA        |   2579062 | PA      | $2572614.78   | 0.18%             | 2025-05-30      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                   | Ford Motor Credit Co LLC                                                        | CUSIP: 345397ZQ9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  16860000 | PA      | $16670325.00  | 1.15%             | 2024-03-18      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                              | Carnival Corp                                                                   | CUSIP: 143658BG6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   8110000 | PA      | $8208131.00   | 0.57%             | 2026-02-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| DAVE & BUSTER'S INC                                        | Dave & Buster's Inc                                                             | CUSIP: 23833NAH7<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | DBT              | CORP              | US        |  14246000 | PA      | $14316029.35  | 0.99%             | 2025-11-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| TOWNSQUARE MEDIA INC                                       | Townsquare Media Inc                                                            | CUSIP: 892231AB7<br>LEI: 549300XBA8C68H0DR538 | Long             | DBT              | CORP              | US        |   8630000 | PA      | $8006123.41   | 0.55%             | 2026-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS THEME PARKS                                      | Six Flags Theme Parks Inc                                                       | CUSIP: 83001WAC8<br>LEI: 5493003MX0ZXTM8EVY68 | Long             | DBT              | CORP              | US        |  12225000 | PA      | $12255269.47  | 0.85%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| Constellium SE                                             | Constellium SE                                                                  | CUSIP: 210383AG0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |   6710000 | PA      | $6436701.70   | 0.44%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                                     | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAA3<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   5605000 | PA      | $5231763.05   | 0.36%             | 2026-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                   | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp              | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18090000 | PA      | $17190203.40  | 1.19%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                               | Navient Corp                                                                    | CUSIP: 63938CAB4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  14850000 | PA      | $14428086.26  | 1.00%             | 2024-10-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SEC LENDING CASH INVST LLC                                 | SEC LENDING CASH INVST LLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   8093322 | NS      | $8093321.76   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                     | HAT Holdings I LLC / HAT Holdings II LLC                                        | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |   5000000 | PA      | $4349050.00   | 0.30%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                   | NCR Corp                                                                        | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2003350.00   | 0.14%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                                    | Penske Automotive Group Inc                                                     | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    375000 | PA      | $351127.25    | 0.02%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                      | Tenet Healthcare Corp                                                           | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   8135000 | PA      | $7719952.30   | 0.53%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                     | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPBZ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4772945.28   | 0.33%             | 2023-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                              | Carnival Corp                                                                   | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    400000 | PA      | $390430.00    | 0.03%             | 2027-08-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| STELLANTIS NV                                              | Stellantis NV                                                                   | CUSIP: 31562QAF4<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |    896000 | PA      | $892559.36    | 0.06%             | 2023-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                                       | Western Digital Corp                                                            | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6550375.00   | 0.45%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Resolute Investment Managers, Inc.                         | Resolute Investment Managers, Inc. 2020 Term Loan C                             | CUSIP: 04635WAH7<br>LEI: 5493000DRVCSZDWGPC49 | Long             | LON              | CORP              | US        |   2483554 | PA      | $2067558.44   | 0.14%             | 2024-04-30      | Floating      | 7.92%                 | No            |                  3 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                   | Service Properties Trust                                                        | CUSIP: 81761LAA0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   4085000 | PA      | $3952237.50   | 0.27%             | 2025-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GIP II Blue Holding, L.P                                   | GIP II Blue Holding, L.P Term Loan B                                            | CUSIP: 31575AAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4166530 | PA      | $4128322.56   | 0.29%             | 2028-09-29      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                             | ALLSPRING GOVERNMENT MONEY MAR                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  97093175 | NS      | $97093175.10  | 6.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies BV                                    | Sensata Technologies BV                                                         | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   1605000 | PA      | $1601533.20   | 0.11%             | 2024-11-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                            | Gen Digital Inc                                                                 | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |  13997000 | PA      | $13577090.00  | 0.94%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                              | TransDigm Inc                                                                   | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2120000 | PA      | $2109696.80   | 0.15%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                          | Newell Brands Inc                                                               | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   8195000 | PA      | $7730835.20   | 0.53%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                   | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                             | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11865000 | PA      | $10117997.40  | 0.70%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NSG HOLDINGS LLC/NSG HLD                                   | NSG Holdings LLC / NSG Holdings Inc                                             | CUSIP: 62940QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  17947630 | PA      | $17460889.91  | 1.21%             | 2025-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                   | United Wholesale Mortgage LLC                                                   | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |  15245000 | PA      | $14126626.80  | 0.98%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                                      | Gray Television, Inc. 2017 Term Loan B                                          | CUSIP: 389376AX2<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |   1669968 | PA      | $1665793.47   | 0.12%             | 2024-02-07      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                              | CoreCivic Inc                                                                   | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |  15970000 | PA      | $16314130.18  | 1.13%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                  | Block Inc                                                                       | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1572912.00   | 0.11%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENVIVA PARTNERS LP/FIN C                                   | Enviva Partners LP / Enviva Partners Finance Corp                               | CUSIP: 29413XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  21580000 | PA      | $20574391.42  | 1.42%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                   | Western Midstream Operating LP                                                  | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   5335000 | PA      | $5188474.23   | 0.36%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                    | MPT Operating Partnership LP / MPT Finance Corp                                 | CUSIP: 55342UAG9<br>LEI: N/A                  | Long             | DBT              |  | US        |  15940000 | PA      | $14263271.40  | 0.99%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                   | Live Nation Entertainment Inc                                                   | CUSIP: 538034AK5<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |  12550000 | PA      | $12353843.50  | 0.85%             | 2024-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                         | Enact Holdings Inc                                                              | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  23447000 | PA      | $22795876.81  | 1.58%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                    | International Game Technology PLC                                               | CUSIP: 460599AC7<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   4600000 | PA      | $4623655.50   | 0.32%             | 2025-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Clearwater Paper Corp                                      | Clearwater Paper Corp                                                           | CUSIP: 18538RAH6<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |   9870000 | PA      | $9581872.39   | 0.66%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HLDINGS LLC                                   | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd       | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5282000 | PA      | $5255537.18   | 0.36%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                             | Sabre GLBL Inc                                                                  | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |  19150000 | PA      | $19102125.00  | 1.32%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                   | Service Properties Trust                                                        | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   6750000 | PA      | $6299775.00   | 0.44%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ExGen Renewables IV, LLC                                   | ExGen Renewables IV, LLC 2020 Term Loan                                         | CUSIP: 30204KAD8<br>LEI: 5493004JBPWTPTK8LB51 | Long             | LON              | CORP              | US        |   6242650 | PA      | $6178912.72   | 0.43%             | 2027-12-15      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                       | Las Vegas Sands Corp                                                            | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |  21400000 | PA      | $20449055.26  | 1.41%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                                | Avient Corp                                                                     | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   6760000 | PA      | $6590860.07   | 0.46%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                            | DAE Funding LLC                                                                 | CUSIP: 23371DAF1<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |   5910000 | PA      | $5482884.30   | 0.38%             | 2025-03-20      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                       | Carnival Corporation USD Term Loan B                                            | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |   6720301 | PA      | $6453572.20   | 0.45%             | 2025-06-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                      | Antero Resources Corp                                                           | CUSIP: 03674XAN6<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |   6395000 | PA      | $6727274.48   | 0.46%             | 2026-07-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                              | PRA Group Inc                                                                   | CUSIP: 69354NAC0<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   6880000 | PA      | $6679699.26   | 0.46%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                   | USA Compression Partners LP / USA Compression Finance Corp                      | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1713686.50   | 0.12%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                     | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16100000 | PA      | $15617000.00  | 1.08%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                   | Antero Midstream Partners LP / Antero Midstream Finance Corp                    | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4823000 | PA      | $4920527.28   | 0.34%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN AIRLINES 13-1A                                    | Hawaiian Airlines 2013-1 Class A Pass Through Certificates                      | CUSIP: 419838AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3731243 | PA      | $3128783.76   | 0.22%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corp                                            | Murphy Oil Corp                                                                 | CUSIP: 626717AJ1<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |   6086000 | PA      | $6058947.12   | 0.42%             | 2025-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                      | Level 3 Financing Inc                                                           | CUSIP: 527298BN2<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    525000 | PA      | $442312.50    | 0.03%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   6203778 | NS      | $6203777.50   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                                   | Northriver Midstream Finance LP                                                 | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |  12275000 | PA      | $11624644.72  | 0.80%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings S.A.                             | Intelsat Jackson Holdings S.A. 2021 Exit Term Loan B                            | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | LON              | CORP              | LU        |         0 | PA      | $0.29         | 0.00%             | 2029-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                              | DISH DBS Corp                                                                   | CUSIP: 25470XAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4763400.00   | 0.33%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                   | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18580000 | PA      | $18520915.60  | 1.28%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                     | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |  10120000 | PA      | $9685974.55   | 0.67%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Videotron Ltd                                              | Videotron Ltd                                                                   | CUSIP: 92660FAG9<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |  11023000 | PA      | $10912770.00  | 0.75%             | 2024-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                   | Archrock Partners LP / Archrock Partners Finance Corp                           | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $241875.00    | 0.02%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                     | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   7730000 | PA      | $7304850.00   | 0.50%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                   | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  16390000 | PA      | $16430975.00  | 1.14%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                    | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   4939000 | PA      | $5297077.50   | 0.37%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| QVC Inc                                                    | QVC Inc                                                                         | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |  19710000 | PA      | $18765989.55  | 1.30%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Russell Investments US Inst'l Holdco, Inc.                 | Russell Investments US Inst'l Holdco, Inc. 2020 Term Loan                       | CUSIP: 78249LAD2<br>LEI: 5493008YG7V0FQCJQI74 | Long             | LON              | CORP              | US        |   8512718 | PA      | $7980673.23   | 0.55%             | 2025-05-30      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                   | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5220000 | PA      | $5290939.80   | 0.37%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                             | Owens-Brockway Glass Container Inc                                              | CUSIP: 69073TAR4<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   5025000 | PA      | $4983095.67   | 0.34%             | 2023-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Claros Mortgage Trust, Inc.                                | Claros Mortgage Trust, Inc. 2021 Term Loan B                                    | CUSIP: 18269PAC6<br>LEI: 549300Z9LU2CZ3K30C16 | Long             | LON              | CORP              | US        |   2788925 | PA      | $2743604.97   | 0.19%             | 2026-08-09      | Floating      | 8.40%                 | No            |                  3 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                   | NextEra Energy Operating Partners LP                                            | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |  28132000 | PA      | $27183729.36  | 1.88%             | 2024-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                        | Buckeye Partners LP                                                             | CUSIP: 118230AT8<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1723612.85   | 0.12%             | 2025-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                        | Delta Air Lines Inc                                                             | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2686008.00   | 0.19%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                              | TransDigm Inc                                                                   | CUSIP: 893647BK2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  18700000 | PA      | $19027250.00  | 1.31%             | 2025-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                               | Navient Corp                                                                    | CUSIP: 63938CAE8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2265000 | PA      | $2265195.65   | 0.16%             | 2023-09-25      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                   | Clarios Global LP / Clarios US Finance Co                                       | CUSIP: 69867DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6605000 | PA      | $6543111.15   | 0.45%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Salomon Brothers Mortgage Securities VII                   | Citigroup Global Markets Mortgage Securities VII Inc                            | CUSIP: 79548KLB2<br>LEI: 549300VB2N1G56GWKB41 | Long             | ABS-MBS          | CORP              | US        |       478 | PA      | $451.88       | 0.00%             | 2024-04-25      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL INTL BV                                      | Clear Channel International BV                                                  | CUSIP: 18452MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   3000000 | PA      | $2839363.11   | 0.20%             | 2025-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                           | Berry Global Inc                                                                | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137200.00    | 0.01%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Four Seasons Hotels Limited                                | Four Seasons Hotels Limited New 1st Lien Term Loan                              | CUSIP: 35100DAR7<br>LEI: 5493009FUVX8LHYY2202 | Long             | LON              | CORP              | CA        |   7799048 | PA      | $7784463.53   | 0.54%             | 2023-11-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                  | IQVIA Inc                                                                       | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   8555000 | PA      | $8234187.50   | 0.57%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                            | Sealed Air Corp                                                                 | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   7550000 | PA      | $7489298.00   | 0.52%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hubbard Radio, LLC                                         | Hubbard Radio, LLC 2015 Term Loan B                                             | CUSIP: 44344HAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    944169 | PA      | $827328.40    | 0.06%             | 2025-03-28      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                 | Sprint LLC                                                                      | CUSIP: 85207UAF2<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   4080000 | PA      | $4168291.20   | 0.29%             | 2023-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                       | Aramark Services Inc                                                            | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |  18150000 | PA      | $18114063.00  | 1.25%             | 2025-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                                   | SeaWorld Parks & Entertainment Inc                                              | CUSIP: 81282UAC6<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |  19407000 | PA      | $19843096.64  | 1.37%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                     | WESCO Distribution Inc                                                          | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |  18072000 | PA      | $18297900.00  | 1.26%             | 2025-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                   | Live Nation Entertainment Inc                                                   | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3356341.55   | 0.23%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                 | Mattel Inc                                                                      | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1056056.50   | 0.07%             | 2026-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                | Vistra Operations Co LLC                                                        | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   5910000 | PA      | $5717648.00   | 0.40%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                    | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAL5<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |  21195000 | PA      | $20900617.35  | 1.44%             | 2024-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                   | Nexstar Media Inc                                                               | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   6930000 | PA      | $6534435.60   | 0.45%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                    | Starwood Property Trust Inc                                                     | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   2930000 | PA      | $2613965.22   | 0.18%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                   | American Airlines Inc/AAdvantage Loyalty IP Ltd                                 | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   5315000 | PA      | $5154583.73   | 0.36%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                        | Gray Television Inc                                                             | CUSIP: 389375AJ5<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |  12152000 | PA      | $11193511.00  | 0.77%             | 2026-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                      | Tenet Healthcare Corp                                                           | CUSIP: 88033GCS7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  14117000 | PA      | $13813413.92  | 0.95%             | 2024-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                                   | Allison Transmission Inc                                                        | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    915000 | PA      | $864895.32    | 0.06%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                | Vistra Operations Co LLC                                                        | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |  14225000 | PA      | $13765948.58  | 0.95%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                   | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp              | CUSIP: 226373AP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16325000 | PA      | $15914851.19  | 1.10%             | 2025-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SeaWorld Parks & Entertainment, Inc.                       | SeaWorld Parks & Entertainment, Inc. 2021 Term Loan B                           | CUSIP: 78488CAH3<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |   7529092 | PA      | $7373841.69   | 0.51%             | 2028-08-25      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                      | Uber Technologies Inc                                                           | CUSIP: 90353TAF7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |  17570000 | PA      | $17676456.63  | 1.22%             | 2025-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                      | Bath & Body Works Inc                                                           | CUSIP: 501797AU8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |  18196000 | PA      | $19078408.65  | 1.32%             | 2025-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                                    | Six Flags Entertainment Corp                                                    | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    650000 | PA      | $586911.00    | 0.04%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Uber Technologies, Inc.                                    | Uber Technologies, Inc. 2021 1st Lien Term Loan B                               | CUSIP: 90351JAG9<br>LEI: 549300B2FTG34FILDR98 | Long             | LON              | CORP              | US        |   2862679 | PA      | $2855522.78   | 0.20%             | 2025-04-04      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                   | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  17906000 | PA      | $18106547.20  | 1.25%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                          | Clarios Global LP 2021 USD Term Loan B                                          | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | CA        |   2194428 | PA      | $2156485.91   | 0.15%             | 2026-04-30      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp                                       | Range Resources Corp                                                            | CUSIP: 75281ABA6<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2487500.00   | 0.17%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                                     | Southwestern Energy Co                                                          | CUSIP: 845467AL3<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |  12702000 | PA      | $12574980.00  | 0.87%             | 2025-01-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp                                       | Range Resources Corp                                                            | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   8215000 | PA      | $7960663.60   | 0.55%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                                     | Southwestern Energy Co                                                          | CUSIP: 845467AN9<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   5183000 | PA      | $5332258.95   | 0.37%             | 2027-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                   | USA Compression Partners LP / USA Compression Finance Corp                      | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6330000 | PA      | $6060975.00   | 0.42%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                       | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   4885000 | PA      | $4897212.50   | 0.34%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                       | OneMain Finance Corp                                                            | CUSIP: 85172FAP4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  17485000 | PA      | $17053120.50  | 1.18%             | 2024-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                                             | Stericycle Inc                                                                  | CUSIP: 858912AF5<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |  13785000 | PA      | $13625094.00  | 0.94%             | 2024-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CCM MERGER INC                                             | CCM Merger Inc                                                                  | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |   3145000 | PA      | $2911420.85   | 0.20%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC                                  | Mileage Plus Holdings LLC 2020 Term Loan B                                      | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8906250 | PA      | $9151171.88   | 0.63%             | 2027-06-21      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                   | Fortress Transportation and Infrastructure Investors LLC                        | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |  20351000 | PA      | $19546117.95  | 1.35%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Stevens Holding Co Inc                                     | Stevens Holding Co Inc                                                          | CUSIP: 86024TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7110000 | PA      | $7169795.10   | 0.50%             | 2026-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                             | Sabre GLBL Inc                                                                  | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1123950.00   | 0.08%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TRI POINTE GROUP / HOMES                                   | TRI Pointe Group Inc / TRI Pointe Homes Inc                                     | CUSIP: 962178AN9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13183000 | PA      | $13161297.75  | 0.91%             | 2024-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                        | Buckeye Partners LP                                                             | CUSIP: 118230AK7<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   8019000 | PA      | $7898795.19   | 0.55%             | 2023-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                       | OneMain Finance Corp                                                            | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2440000 | PA      | $1999924.65   | 0.14%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                                     | FMG Resources August 2006 Pty Ltd                                               | CUSIP: 30251GAW7<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   6771000 | PA      | $6715985.63   | 0.46%             | 2024-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                    | American Airlines, Inc. 2017 Incremental Term Loan                              | CUSIP: 02376CBA2<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |   9750000 | PA      | $9694522.50   | 0.67%             | 2023-12-15      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                       | OneMain Finance Corp                                                            | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2276668.25   | 0.16%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS                                    | Park Aerospace Holdings Ltd                                                     | CUSIP: 70014LAB6<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |  13602000 | PA      | $13401929.41  | 0.93%             | 2024-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                            | Sealed Air Corp                                                                 | CUSIP: 81211KAW0<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   7629000 | PA      | $7617556.50   | 0.53%             | 2024-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                           | SkyMiles IP Ltd. 2020 Skymiles Term Loan B                                      | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |  11555000 | PA      | $11708103.75  | 0.81%             | 2027-10-20      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Vertical US Newco Inc                                      | Vertical US Newco Inc Term Loan B                                               | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |     21314 | PA      | $20408.23     | 0.00%             | 2027-07-30      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                   | Prime Security Services Borrower LLC / Prime Finance Inc                        | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10850000 | PA      | $10741500.00  | 0.74%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                   | Rockies Express Pipeline LLC                                                    | CUSIP: 77340RAS6<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |  12920000 | PA      | $12080200.00  | 0.83%             | 2025-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| G-III APPAREL GROUP LTD                                    | G-III Apparel Group Ltd                                                         | CUSIP: 36237HAA9<br>LEI: 529900O5KABM3R3SFM87 | Long             | DBT              | CORP              | US        |  13365000 | PA      | $12947343.75  | 0.89%             | 2025-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                               | US Foods Inc                                                                    | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |  12465000 | PA      | $12581423.10  | 0.87%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  17777000 | PA      | $17663404.97  | 1.22%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer