# EDGAR Filing Document

**Accession Number:** 0000225604
**File Stem:** 0002071691-26-006480
**Filing Date:** 2026-3
**Character Count:** 164268
**Document Hash:** 197a5799c6f7f3cb5ce17e246f78fc23
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-006480.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0002071691-26-006480

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST III
- **CENTRAL INDEX KEY:** 0000225604

**ORGANIZATION NAME:**
- **EIN:** 046414785
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02794
- **FILM NUMBER:** 26789742

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST III /MA
- **DATE OF NAME CHANGE:** 19940411

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS HIGH INCOME FUND
- **DATE OF NAME CHANGE:** 19930408

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASSACHUSETTS FINANCIAL HIGH INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MFS High Income Fund (Series ID: S000002427)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006471 | A            | MHITX           |
| C000006472 | R4           | MHIJX           |
| C000006476 | B            | MHIBX           |
| C000006477 | C            | MHICX           |
| C000006478 | I            | MHIIX           |
| C000006480 | R1           | MHIGX           |
| C000006482 | R2           | MIHRX           |
| C000006483 | R3           | MHIHX           |
| C000116932 | R6           | MHIKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS Series Trust III

- **b. Investment Company Act file number:** 811-02794

- **c. CIK number of Registrant:** 0000225604

- **d. LEI of Registrant:** 549300V6TTODTL97GD50

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

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS High Income Fund

- **b. EDGAR series identifier (if any):** S000002427

- **c. LEI of Series:** DMVGFZCV67YA34LSI126

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $2011857644.64

**Total Liabilities:** $18764381.50

**Net Assets:** $1993093263.14

**Delayed Delivery Securities:** $4588195.63

**Cash Not Reported:** $952552.57

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -173.71647170 | **1-Year:** -874.53714720 | **5-Year:** -641.63697780 | **10-Year:** -2.00637980 | **30-Year:** 0.00000000

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

- **3-Month:** -9155.19562100 | **1-Year:** -151229.00261100 | **5-Year:** -310365.36337770 | **10-Year:** -65810.35879120 | **30-Year:** -4430.27443670

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006471 | 0.85%                | 0.53%                | 0.53%                |
| Class ID C000006482 | 0.50%                | 0.50%                | 0.50%                |
| Class ID C000006472 | 0.86%                | 0.54%                | 0.54%                |
| Class ID C000006476 | 0.46%                | 0.46%                | 0.46%                |
| Class ID C000006478 | 0.55%                | 0.55%                | 0.55%                |
| Class ID C000006480 | 0.46%                | 0.46%                | 0.46%                |
| Class ID C000116932 | 0.55%                | 0.87%                | 0.55%                |
| Class ID C000006483 | 0.53%                | 0.53%                | 0.53%                |
| Class ID C000006477 | 0.78%                | 0.46%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1030727.36              | $495719.04                                 |
| Month 2  | $-92731.84               | $1971778.88                                |
| Month 3  | $195392.37               | $1040987.45                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bombardier, Inc.                                                | Bombardier, Inc.                                                | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   3410000 | PA      | $3620274.24   | 0.18%             | 2031-07-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| LFS Topco LLC                                                   | LFS Topco LLC                                                   | CUSIP: 50203TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2733319.84   | 0.14%             | 2030-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                                        | Energizer Holdings, Inc.                                        | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   4566000 | PA      | $4385560.81   | 0.22%             | 2029-03-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Flash Compute LLC                                               | Flash Compute LLC                                               | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1720000 | PA      | $1725835.96   | 0.09%             | 2030-12-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain, Inc.                                             | Iron Mountain, Inc.                                             | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   7168000 | PA      | $7078197.15   | 0.36%             | 2032-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Diebold Nixdorf, Inc.                                           | Diebold Nixdorf, Inc.                                           | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |   4712000 | PA      | $4990356.69   | 0.25%             | 2030-03-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                           | Clydesdale Acquisition Holdings, Inc.                           | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   6299000 | PA      | $6303511.78   | 0.32%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corp.                                         | Credit Acceptance Corp.                                         | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4810000 | PA      | $4814720.39   | 0.24%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Baldwin Insurance Group Holdings LLC                            | Baldwin Insurance Group Holdings LLC                            | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7697000 | PA      | $7915009.83   | 0.40%             | 2031-05-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Graham Holdings Co.                                             | Graham Holdings Co.                                             | CUSIP: 384637AC8<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |   6299000 | PA      | $6329380.08   | 0.32%             | 2033-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                         | Talen Energy Supply LLC                                         | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   6216000 | PA      | $6299667.36   | 0.32%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                             | Bausch + Lomb Corp.                                             | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   5049000 | PA      | $5263582.50   | 0.26%             | 2028-10-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Warnermedia Holdings, Inc.                                      | Warnermedia Holdings, Inc.                                      | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   6214000 | PA      | $4365335.00   | 0.22%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SNF Group SACA                                                  | SNF Group SACA                                                  | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |   8369000 | PA      | $7869443.51   | 0.39%             | 2030-03-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Matador Resources Co.                                           | Matador Resources Co.                                           | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   4209000 | PA      | $4300554.17   | 0.22%             | 2028-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| APi Group DE, Inc.                                              | APi Group DE, Inc.                                              | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |  10453000 | PA      | $10248625.03  | 0.51%             | 2029-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Genesis Energy LP                                               | Genesis Energy LP                                               | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8734000 | PA      | $9104985.38   | 0.46%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating LLC                                 | Permian Resources Operating LLC                                 | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1922000 | PA      | $1979950.22   | 0.10%             | 2033-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Neptune Bidco US, Inc.                                          | Neptune Bidco US, Inc.                                          | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   2204000 | PA      | $2244258.57   | 0.11%             | 2033-02-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                          | Mineral Resources Ltd.                                          | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   8043000 | PA      | $8448442.16   | 0.42%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                                    | Tallgrass Energy Partners LP                                    | CUSIP: 87470LAM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1467000 | PA      | $1492982.04   | 0.07%             | 2034-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Real Hero Merger Sub 2, Inc.                                    | Real Hero Merger Sub 2, Inc.                                    | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3334000 | PA      | $1644728.88   | 0.08%             | 2029-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                       | XPLR Infrastructure Operating Partners LP                       | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1701000 | PA      | $1786763.31   | 0.09%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Wrangler Holdco Corp.                                           | Wrangler Holdco Corp.                                           | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3680000 | PA      | $3829319.68   | 0.19%             | 2032-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                   | Clearway Energy Operating LLC                                   | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   3985000 | PA      | $3999527.48   | 0.20%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| New Gold, Inc.                                                  | New Gold, Inc.                                                  | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |   4686000 | PA      | $4978523.55   | 0.25%             | 2032-04-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corp.                                         | Credit Acceptance Corp.                                         | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2721000 | PA      | $2851256.99   | 0.14%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Allison Transmission, Inc.                                      | Allison Transmission, Inc.                                      | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |  10465000 | PA      | $9864640.53   | 0.49%             | 2031-01-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ams-OSRAM AG                                                    | ams-OSRAM AG                                                    | CUSIP: N/A<br>LEI: 5299001JPPT2QFTV5D76       | Long             | DBT              | CORP              | AT        |   3071000 | PA      | $3859552.69   | 0.19%             | 2029-03-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Icahn Enterprises LP                                            | Icahn Enterprises LP                                            | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2423000 | PA      | $2445742.28   | 0.12%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio                        | MFS Institutional Money Market Portfolio, Class A               | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |  58301676 | NS      | $58313336.71  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp.                                   | Six Flags Entertainment Corp.                                   | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8099000 | PA      | $8275906.46   | 0.42%             | 2032-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| TransMontaigne Partners LLC                                     | TransMontaigne Partners LLC                                     | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3947000 | PA      | $4094690.27   | 0.21%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| HUB International Ltd.                                          | HUB International Ltd.                                          | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   1980000 | PA      | $1977923.97   | 0.10%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| AmeriTex HoldCo Intermediate LLC                                | AmeriTex HoldCo Intermediate LLC                                | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6163000 | PA      | $6481996.88   | 0.33%             | 2033-08-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Prime Healthcare Services, Inc.                                 | Prime Healthcare Services, Inc.                                 | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4519000 | PA      | $4705408.75   | 0.24%             | 2029-09-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                             | Hilton Domestic Operating Co., Inc.                             | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  11580000 | PA      | $11602627.32  | 0.58%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Global Aircraft Leasing Co. Ltd.                                | Global Aircraft Leasing Co. Ltd.                                | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5606000 | PA      | $5802944.39   | 0.29%             | 2027-09-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Brundage-Bone Concrete Pumping Holdings, Inc.                   | Brundage-Bone Concrete Pumping Holdings, Inc.                   | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4666000 | PA      | $4696888.92   | 0.24%             | 2032-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| US Foods, Inc.                                                  | US Foods, Inc.                                                  | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   9515000 | PA      | $9476899.09   | 0.48%             | 2029-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| RHP Hotel Properties LP                                         | RHP Hotel Properties LP                                         | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1158249.12   | 0.06%             | 2032-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WULF Compute LLC                                                | WULF Compute LLC                                                | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8475000 | PA      | $8839594.50   | 0.44%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                                | CCO Holdings LLC                                                | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18043000 | PA      | $17236495.94  | 0.86%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Magnolia Oil & Gas Operating LLC                                | Magnolia Oil & Gas Operating LLC                                | CUSIP: 559665AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7546000 | PA      | $7836113.52   | 0.39%             | 2032-12-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corp.                                           | OneMain Finance Corp.                                           | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   3981000 | PA      | $4025122.78   | 0.20%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                             | Ardonagh Finco Ltd.                                             | CUSIP: N/A<br>LEI: 254900D2T84O1K03BA28       | Long             | DBT              | CORP              | JE        |   3200000 | PA      | $3897206.82   | 0.20%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Petco Health & Wellness Co., Inc.                               | Petco Health & Wellness Co., Inc.                               | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |   3940000 | PA      | $3950318.51   | 0.20%             | 2031-02-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Asurion LLC and Asurion Co-Issuer, Inc.                         | Asurion LLC and Asurion Co-Issuer, Inc.                         | CUSIP: 045941AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5633000 | PA      | $5694738.07   | 0.29%             | 2034-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Asurion LLC and Asurion Co-Issuer, Inc.                         | Asurion LLC and Asurion Co-Issuer, Inc.                         | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6292000 | PA      | $6573909.85   | 0.33%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                         | Quikrete Holdings, Inc.                                         | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |  13191000 | PA      | $13680275.69  | 0.69%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Newell Brands, Inc.                                             | Newell Brands, Inc.                                             | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   6250000 | PA      | $6177688.75   | 0.31%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Chord Energy Corp.                                              | Chord Energy Corp.                                              | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   1716000 | PA      | $1749459.08   | 0.09%             | 2030-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance LLC                                        | Wynn Resorts Finance LLC                                        | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5909000 | PA      | $5926555.64   | 0.30%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                       | XPLR Infrastructure Operating Partners LP                       | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1369000 | PA      | $1436243.43   | 0.07%             | 2033-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| DISH Network Corp.                                              | DISH Network Corp.                                              | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   4823000 | PA      | $4991602.43   | 0.25%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                               | Cornerstone Building Brands, Inc.                               | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   2822000 | PA      | $2131593.18   | 0.11%             | 2029-08-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| WR Grace Holdings LLC                                           | WR Grace Holdings LLC                                           | CUSIP: 92943GAH4<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   5065000 | PA      | $5071331.25   | 0.25%             | 2033-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding SAS                                               | Iliad Holding SAS                                               | CUSIP: N/A<br>LEI: 9695009BGMXB527HV965       | Long             | DBT              | CORP              | FR        |    500000 | PA      | $631892.65    | 0.03%             | 2031-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                             | Buckeye Partners LP                                             | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   1949000 | PA      | $1818423.24   | 0.09%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corp.                                         | Columbus McKinnon Corp.                                         | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |   3940000 | PA      | $3960488.00   | 0.20%             | 2033-02-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Amynta Agency Borrower, Inc. and Amynta Warranty Borrower, Inc. | Amynta Agency Borrower, Inc. and Amynta Warranty Borrower, Inc. | CUSIP: 03238AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5627000 | PA      | $5737120.39   | 0.29%             | 2033-07-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Six Flags Entertainment Corp.                                   | Six Flags Entertainment Corp.                                   | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1715000 | PA      | $1750071.75   | 0.09%             | 2032-01-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Eldorado Gold Corp.                                             | Eldorado Gold Corp.                                             | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |   6792000 | PA      | $6825980.38   | 0.34%             | 2029-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Windstream Services LLC                                         | Windstream Services LLC                                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2266000 | PA      | $2373691.65   | 0.12%             | 2031-10-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Icahn Enterprises LP                                            | Icahn Enterprises LP                                            | CUSIP: 451102CF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5498000 | PA      | $5531499.31   | 0.28%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                                   | Surgery Center Holdings, Inc.                                   | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   6783000 | PA      | $6829210.95   | 0.34%             | 2032-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                                  | Jefferson Capital Holdings LLC                                  | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6914000 | PA      | $7284872.42   | 0.37%             | 2030-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                                       | Panther Escrow Issuer LLC                                       | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11184000 | PA      | $11518692.38  | 0.58%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| PetSmart LLC                                                    | PetSmart LLC                                                    | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6700000 | PA      | $6870588.70   | 0.34%             | 2032-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Mattamy Group Corp.                                             | Mattamy Group Corp.                                             | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |   3689000 | PA      | $3602098.60   | 0.18%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Encompass Health Corp.                                          | Encompass Health Corp.                                          | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   6698000 | PA      | $6667246.80   | 0.33%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bombardier, Inc.                                                | Bombardier, Inc.                                                | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1761000 | PA      | $1829272.00   | 0.09%             | 2029-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                               | Clarios Global LP                                               | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1769901.30   | 0.09%             | 2032-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Snap, Inc.                                                      | Snap, Inc.                                                      | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   7258000 | PA      | $7447832.99   | 0.37%             | 2033-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Arches Buyer, Inc.                                              | Arches Buyer, Inc.                                              | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |   6936000 | PA      | $6781631.69   | 0.34%             | 2028-12-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Acushnet Co.                                                    | Acushnet Co.                                                    | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |   7119000 | PA      | $7185918.60   | 0.36%             | 2033-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Service Corp. International                                     | Service Corp. International                                     | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |  12017000 | PA      | $12207625.67  | 0.61%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC                                           | Directv Financing LLC                                           | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1773000 | PA      | $1826347.80   | 0.09%             | 2031-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                                  | Community Health Systems, Inc.                                  | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  13441000 | PA      | $12673708.42  | 0.64%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LBM Acquisition LLC                                             | LBM Acquisition LLC                                             | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |   3401000 | PA      | $3140406.88   | 0.16%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-9752.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                         | Level 3 Financing, Inc.                                         | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   3286899 | PA      | $3387119.84   | 0.17%             | 2033-06-30      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                             | Ardonagh Finco Ltd.                                             | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    600000 | PA      | $620266.91    | 0.03%             | 2031-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Taseko Mines Ltd.                                               | Taseko Mines Ltd.                                               | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |   5634000 | PA      | $5980164.23   | 0.30%             | 2030-05-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding SAS                                               | Iliad Holding SAS                                               | CUSIP: 449691AC8<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |   7007000 | PA      | $7087433.35   | 0.36%             | 2028-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Viking Baked Goods Acquisition Corp.                            | Viking Baked Goods Acquisition Corp.                            | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |   4792000 | PA      | $4745118.91   | 0.24%             | 2031-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Delek Logistics Partners LP                                     | Delek Logistics Partners LP                                     | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7221000 | PA      | $7551901.17   | 0.38%             | 2029-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                      | Cloud Software Group, Inc.                                      | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   7417000 | PA      | $7543704.61   | 0.38%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                                       | Michaels Cos., Inc. (The)                                       | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   4252000 | PA      | $4142759.74   | 0.21%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Prestige Brands, Inc.                                           | Prestige Brands, Inc.                                           | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |   5568000 | PA      | $5204551.03   | 0.26%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Avation plc                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     62563 | NS      | $23114.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                                  | Univision Communications, Inc.                                  | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   7861000 | PA      | $8197898.88   | 0.41%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Patrick Industries, Inc.                                        | Patrick Industries, Inc.                                        | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |   8637000 | PA      | $8839770.85   | 0.44%             | 2032-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Novelis Corp.                                                   | Novelis Corp.                                                   | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   3868000 | PA      | $4008992.47   | 0.20%             | 2030-01-30      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding SAS                                               | Iliad Holding SAS                                               | CUSIP: N/A<br>LEI: 9695009BGMXB527HV965       | Long             | DBT              | CORP              | FR        |   1568000 | PA      | $1918932.27   | 0.10%             | 2030-04-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                                  | Community Health Systems, Inc.                                  | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   3317000 | PA      | $2729747.04   | 0.14%             | 2030-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP                                    | MPT Operating Partnership LP                                    | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4199000 | PA      | $4498628.04   | 0.23%             | 2032-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Antero Midstream Partners LP                                    | Antero Midstream Partners LP                                    | CUSIP: 03690AAN6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11466000 | PA      | $11581646.08  | 0.58%             | 2034-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                          | Mineral Resources Ltd.                                          | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   1723000 | PA      | $1810796.53   | 0.09%             | 2031-04-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Grifols SA                                                      | Grifols SA                                                      | CUSIP: N/A<br>LEI: 959800HSSNXWRKBK4N60       | Long             | DBT              | CORP              | ES        |   3670000 | PA      | $4547984.37   | 0.23%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                            | CrossCountry Intermediate HoldCo LLC                            | CUSIP: 22757VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2303000 | PA      | $2321934.28   | 0.12%             | 2032-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TriNet Group, Inc.                                              | TriNet Group, Inc.                                              | CUSIP: 896288AC1<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $2386894.88   | 0.12%             | 2031-08-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| NuStar Logistics LP                                             | NuStar Logistics LP                                             | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   6719000 | PA      | $7039832.25   | 0.35%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                      | PG&E Corp.                                                      | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |  10334000 | PA      | $10271381.13  | 0.52%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                         | Talen Energy Supply LLC                                         | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   2823000 | PA      | $2894262.40   | 0.15%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Knife River Corp.                                               | Knife River Corp.                                               | CUSIP: 498894AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4392000 | PA      | $4573170.00   | 0.23%             | 2031-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                                 | Sinclair Television Group, Inc.                                 | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   6125000 | PA      | $6335822.50   | 0.32%             | 2033-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Rivers Enterprise Lender LLC                                    | Rivers Enterprise Lender LLC                                    | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4503000 | PA      | $4571256.47   | 0.23%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Cerdia Finanz GmbH                                              | Cerdia Finanz GmbH                                              | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |   6331000 | PA      | $6440019.82   | 0.32%             | 2031-10-03      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corp.                                           | OneMain Finance Corp.                                           | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   5494000 | PA      | $5663088.84   | 0.28%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bombardier, Inc.                                                | Bombardier, Inc.                                                | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1283000 | PA      | $1374948.76   | 0.07%             | 2030-11-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                              | Venture Global Plaquemines LNG LLC                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2258518.08   | 0.11%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Novelis Corp.                                                   | Novelis Corp.                                                   | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1752000 | PA      | $1698266.34   | 0.09%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Azorra Finance Ltd.                                             | Azorra Finance Ltd.                                             | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |   2338000 | PA      | $2448677.65   | 0.12%             | 2031-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Petra Diamonds US Treasury plc                                  | Petra Diamonds US Treasury plc                                  | CUSIP: N/A<br>LEI: 635400LZYOO6WHAO2H58       | Long             | DBT              | CORP              | GB        |   2962036 | PA      | $1801211.14   | 0.09%             | 2030-03-08      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| USA Compression Partners LP                                     | USA Compression Partners LP                                     | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8639000 | PA      | $8944984.74   | 0.45%             | 2029-03-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Forvia SE                                                       | Forvia SE                                                       | CUSIP: 31209DAC9<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |   4934000 | PA      | $5059032.49   | 0.25%             | 2033-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ball Corp.                                                      | Ball Corp.                                                      | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   8993000 | PA      | $8280183.34   | 0.42%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                     | Allied Universal Holdco LLC                                     | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   5461000 | PA      | $5747282.00   | 0.29%             | 2031-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Amsted Industries, Inc.                                         | Amsted Industries, Inc.                                         | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |   4473000 | PA      | $4629291.09   | 0.23%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                               | PennyMac Financial Services, Inc.                               | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |  13448000 | PA      | $13717101.47  | 0.69%             | 2033-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CWCapital COBALT II LLC                                         | CWCapital COBALT II LLC, Series 2006-2A, Class F                | CUSIP: 12668CAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    989323 | PA      | $98.93        | 0.00%             | 2050-04-26      | Floating      | 2.29%                 | Yes           |                  2 | On Loan: No      |
| Encompass Health Corp.                                          | Encompass Health Corp.                                          | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   2297000 | PA      | $2248376.19   | 0.11%             | 2031-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                        | Venture Global LNG, Inc.                                        | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   7195000 | PA      | $6329608.93   | 0.32%             | 2029-09-30      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Valaris Ltd.                                                    | Valaris Ltd.                                                    | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5381000 | PA      | $5622660.71   | 0.28%             | 2030-04-30      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain, Inc.                                             | Iron Mountain, Inc.                                             | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   5087000 | PA      | $5085549.70   | 0.26%             | 2028-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                               | Clarios Global LP                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   3196000 | PA      | $3848967.35   | 0.19%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Garda World Security Corp.                                      | Garda World Security Corp.                                      | CUSIP: 36485MAQ2<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   2865000 | PA      | $2936805.04   | 0.15%             | 2031-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Phoenix Aviation Capital Ltd.                                   | Phoenix Aviation Capital Ltd.                                   | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |   5136000 | PA      | $5382656.04   | 0.27%             | 2030-07-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| LTRI Holdings LP                                                | LTRI Holdings LP                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3250 | NS      | $606580.00    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| Directv Financing LLC                                           | Directv Financing LLC                                           | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2447000 | PA      | $2478969.57   | 0.12%             | 2030-02-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                                      | Macy's Retail Holdings LLC                                      | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5591000 | PA      | $5903939.45   | 0.30%             | 2033-08-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corp.                                           | OneMain Finance Corp.                                           | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   3459000 | PA      | $3626218.44   | 0.18%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                     | Carvana Co.                                                     | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |  13078500 | PA      | $14387232.28  | 0.72%             | 2031-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Zebra Technologies Corp.                                        | Zebra Technologies Corp.                                        | CUSIP: 989207AD7<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | DBT              | CORP              | US        |   7174000 | PA      | $7389478.26   | 0.37%             | 2032-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-10735.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                                    | Tallgrass Energy Partners LP                                    | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9534000 | PA      | $9530707.91   | 0.48%             | 2028-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos., Inc.                                        | Bausch Health Cos., Inc.                                        | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   2714000 | PA      | $1930332.50   | 0.10%             | 2030-01-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                              | Venture Global Plaquemines LNG LLC                              | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   5493000 | PA      | $5700626.17   | 0.29%             | 2034-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP                                    | MPT Operating Partnership LP                                    | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2536000 | PA      | $2174300.84   | 0.11%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Performance Food Group, Inc.                                    | Performance Food Group, Inc.                                    | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   5184000 | PA      | $5186809.73   | 0.26%             | 2027-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SCIH Salt Holdings, Inc.                                        | SCIH Salt Holdings, Inc.                                        | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7682000 | PA      | $7678216.62   | 0.39%             | 2029-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                                     | IQVIA, Inc.                                                     | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   4355000 | PA      | $4356466.15   | 0.22%             | 2027-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                   | Freedom Mortgage Holdings LLC                                   | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   2883000 | PA      | $2861015.11   | 0.14%             | 2031-05-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Chemours Co. (The)                                              | Chemours Co. (The)                                              | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   8644000 | PA      | $8060454.97   | 0.40%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Qnity Electronics, Inc.                                         | Qnity Electronics, Inc.                                         | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   2814000 | PA      | $2904312.52   | 0.15%             | 2033-08-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CompoSecure Holdings LLC                                        | CompoSecure Holdings LLC                                        | CUSIP: 20459XAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5066000 | PA      | $5049788.80   | 0.25%             | 2033-02-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                                     | IQVIA, Inc.                                                     | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   2771000 | PA      | $2878930.45   | 0.14%             | 2032-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                   | Freedom Mortgage Holdings LLC                                   | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   5333000 | PA      | $5582984.38   | 0.28%             | 2029-02-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| goeasy Ltd.                                                     | goeasy Ltd.                                                     | CUSIP: 380355AR8<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |   5084000 | PA      | $4778773.42   | 0.24%             | 2031-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                               | Alliant Holdings Intermediate LLC                               | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3110000 | PA      | $3100163.69   | 0.16%             | 2029-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                 | TransDigm, Inc.                                                 | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3860000 | PA      | $3924959.94   | 0.20%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ziggo Bond Co. BV                                               | Ziggo Bond Co. BV                                               | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |  10139000 | PA      | $8907604.26   | 0.45%             | 2030-02-28      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Fortescue Treasury Pty. Ltd.                                    | Fortescue Treasury Pty. Ltd.                                    | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |  11043000 | PA      | $10669747.81  | 0.54%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Partners LP                                             | Buckeye Partners LP                                             | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   4694000 | PA      | $4918222.99   | 0.25%             | 2030-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| AmWINS Group, Inc.                                              | AmWINS Group, Inc.                                              | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   2273000 | PA      | $2242638.86   | 0.11%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CD&R Smokey Buyer, Inc.                                         | CD&R Smokey Buyer, Inc.                                         | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5136000 | PA      | $4531209.29   | 0.23%             | 2029-10-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Axon Enterprise, Inc.                                           | Axon Enterprise, Inc.                                           | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   6847000 | PA      | $7038366.80   | 0.35%             | 2030-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                             | Hilton Domestic Operating Co., Inc.                             | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   6468000 | PA      | $5987732.24   | 0.30%             | 2032-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Altice France SA                                                | Altice France SA                                                | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1458080 | PA      | $1424121.32   | 0.07%             | 2032-04-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Scripps Escrow II, Inc.                                         | Scripps Escrow II, Inc.                                         | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2570000 | PA      | $2371864.82   | 0.12%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Altice Financing SA                                             | Altice Financing SA                                             | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   3235000 | PA      | $2327579.27   | 0.12%             | 2029-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Manitowoc Co., Inc. (The)                                       | Manitowoc Co., Inc. (The)                                       | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |   4650000 | PA      | $5050402.20   | 0.25%             | 2031-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                       | Sunoco LP                                                       | CUSIP: 86765KAL3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   2812000 | PA      | $2900103.48   | 0.15%             | 2032-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| PBF Holding Co. LLC                                             | PBF Holding Co. LLC                                             | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2826000 | PA      | $2829820.75   | 0.14%             | 2030-09-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                              | Venture Global Plaquemines LNG LLC                              | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   5277000 | PA      | $5531667.55   | 0.28%             | 2036-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Clean Harbors, Inc.                                             | Clean Harbors, Inc.                                             | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |   8474000 | PA      | $8657462.10   | 0.43%             | 2033-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Maxeda DIY Holding BV                                           | Maxeda DIY Holding BV                                           | CUSIP: N/A<br>LEI: 724500KEZU4CPEQLGZ87       | Long             | DBT              | CORP              | NL        |   2955000 | PA      | $2729140.25   | 0.14%             | 2026-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Versant Media Group, Inc.                                       | Versant Media Group, Inc.                                       | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |   3424000 | PA      | $3508879.45   | 0.18%             | 2031-01-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                               | Cornerstone Building Brands, Inc.                               | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   4999000 | PA      | $2207107.49   | 0.11%             | 2029-01-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                     | Beach Acquisition Bidco LLC                                     | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   7166476 | PA      | $7885563.36   | 0.40%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                     | First Quantum Minerals Ltd.                                     | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   2375000 | PA      | $2548519.52   | 0.13%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MIWD Holdco II LLC                                              | MIWD Holdco II LLC                                              | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5673000 | PA      | $5511263.34   | 0.28%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| 1011778 BC ULC                                                  | 1011778 BC ULC                                                  | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   7456000 | PA      | $7643647.46   | 0.38%             | 2029-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-720692.52   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| SPX FLOW, Inc.                                                  | SPX FLOW, Inc.                                                  | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |   7002000 | PA      | $7194169.89   | 0.36%             | 2030-04-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Banijay Entertainment SAS                                       | Banijay Entertainment SAS                                       | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |   5081000 | PA      | $5279463.86   | 0.26%             | 2029-05-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| RB Global Holdings, Inc.                                        | RB Global Holdings, Inc.                                        | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |  11477000 | PA      | $11963475.60  | 0.60%             | 2031-03-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| GFL Environmental, Inc.                                         | GFL Environmental, Inc.                                         | CUSIP: 36168QAL8<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |   4988000 | PA      | $4909146.20   | 0.25%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                                      | Macy's Retail Holdings LLC                                      | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    417000 | PA      | $421298.02    | 0.02%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings, Inc.                                             | Post Holdings, Inc.                                             | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |  11262000 | PA      | $10997477.02  | 0.55%             | 2030-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CWCapital COBALT II LLC                                         | CWCapital COBALT II LLC, Series 2006-2A, Class G                | CUSIP: 12668CAH4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3167250 | PA      | $316.72       | 0.00%             | 2050-04-26      | Floating      | 2.49%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                       | Sunoco LP                                                       | CUSIP: 86765KAK5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   6824000 | PA      | $6653930.22   | 0.33%             | 2030-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| US Acute Care Solutions LLC                                     | US Acute Care Solutions LLC                                     | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4326000 | PA      | $4344943.55   | 0.22%             | 2029-05-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                      | Cloud Software Group, Inc.                                      | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1668000 | PA      | $1684298.51   | 0.08%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                         | SS&C Technologies, Inc.                                         | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   6953000 | PA      | $6946984.26   | 0.35%             | 2027-09-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                               | Clarios Global LP                                               | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3670000 | PA      | $3839300.77   | 0.19%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Delek Logistics Partners LP                                     | Delek Logistics Partners LP                                     | CUSIP: 24665FAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3146668.38   | 0.16%             | 2033-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Hawaiian Electric Co., Inc.                                     | Hawaiian Electric Co., Inc.                                     | CUSIP: 419866AV0<br>LEI: 549300PQE8D806LWQV52 | Long             | DBT              | CORP              | US        |   4993000 | PA      | $5068948.52   | 0.25%             | 2033-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Qnity Electronics, Inc.                                         | Qnity Electronics, Inc.                                         | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   5099000 | PA      | $5194422.69   | 0.26%             | 2032-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Viking Ocean Cruises Ship VII Ltd.                              | Viking Ocean Cruises Ship VII Ltd.                              | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7423000 | PA      | $7423311.77   | 0.37%             | 2029-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                         | Level 3 Financing, Inc.                                         | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   2827793 | PA      | $2929042.13   | 0.15%             | 2034-03-31      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Medline Borrower LP                                             | Medline Borrower LP                                             | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6232000 | PA      | $6432113.57   | 0.32%             | 2029-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FTAI Aviation Investors LLC                                     | FTAI Aviation Investors LLC                                     | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   4279000 | PA      | $4537045.10   | 0.23%             | 2030-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Altice France SA                                                | Altice France SA                                                | CUSIP: 02090DAA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   2545734 | PA      | $2612628.43   | 0.13%             | 2029-11-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Fiesta Purchaser, Inc.                                          | Fiesta Purchaser, Inc.                                          | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3704000 | PA      | $3746940.47   | 0.19%             | 2032-09-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Wabash National Corp.                                           | Wabash National Corp.                                           | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |   6248000 | PA      | $5814629.35   | 0.29%             | 2028-10-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Kingpin Intermediate Holdings LLC                               | Kingpin Intermediate Holdings LLC                               | CUSIP: 49579RAB4<br>LEI: 549300HRZOJTMNZCST05 | Long             | DBT              | CORP              | US        |   5706000 | PA      | $5458574.15   | 0.27%             | 2032-10-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| AECOM                                                           | AECOM                                                           | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |   8511000 | PA      | $8718642.87   | 0.44%             | 2033-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| XHR LP                                                          | XHR LP                                                          | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |   7098000 | PA      | $6997150.91   | 0.35%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Acrisure LLC                                                    | Acrisure LLC                                                    | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7685000 | PA      | $7878677.37   | 0.40%             | 2032-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                 | TransDigm, Inc.                                                 | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5775000 | PA      | $5740092.44   | 0.29%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                                 | Wynn Macau Ltd.                                                 | CUSIP: 98313RAL0<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   2482000 | PA      | $2515801.49   | 0.13%             | 2034-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Dealer Tire LLC                                                 | Dealer Tire LLC                                                 | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5539000 | PA      | $5530142.59   | 0.28%             | 2028-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Matador Resources Co.                                           | Matador Resources Co.                                           | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   2537000 | PA      | $2583295.18   | 0.13%             | 2032-04-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Kraken Oil & Gas Partners LLC                                   | Kraken Oil & Gas Partners LLC                                   | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |   3952000 | PA      | $3949429.22   | 0.20%             | 2029-08-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding SAS                                               | Iliad Holding SAS                                               | CUSIP: N/A<br>LEI: 9695009BGMXB527HV965       | Long             | DBT              | CORP              | FR        |   2469000 | PA      | $3120285.87   | 0.16%             | 2031-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                                | CSC Holdings LLC                                                | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   7540000 | PA      | $5627463.17   | 0.28%             | 2028-02-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| TrueNoord Capital DAC                                           | TrueNoord Capital DAC                                           | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4505000 | PA      | $4751581.18   | 0.24%             | 2030-03-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| KeHE Distributors LLC                                           | KeHE Distributors LLC                                           | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7998000 | PA      | $8380024.47   | 0.42%             | 2029-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| GENMAB A/S                                                      | GENMAB A/S                                                      | CUSIP: 37230JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |   6910000 | PA      | $7083011.82   | 0.36%             | 2032-12-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                                | CCO Holdings LLC                                                | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3201000 | PA      | $2872536.94   | 0.14%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                | NRG Energy, Inc.                                                | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   8558000 | PA      | $8647319.85   | 0.43%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                                 | Wynn Macau Ltd.                                                 | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   7594000 | PA      | $7578445.74   | 0.38%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                                    | Tallgrass Energy Partners LP                                    | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2718000 | PA      | $2817674.50   | 0.14%             | 2029-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| IAMGOLD Corp.                                                   | IAMGOLD Corp.                                                   | CUSIP: 450913AF5<br>LEI: 254900E7II30XAB9LA72 | Long             | DBT              | CORP              | CA        |   6090000 | PA      | $6114603.60   | 0.31%             | 2028-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos., Inc.                                        | Bausch Health Cos., Inc.                                        | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1455000 | PA      | $1345853.16   | 0.07%             | 2028-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                               | Alliant Holdings Intermediate LLC                               | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4848000 | PA      | $5026198.13   | 0.25%             | 2031-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Weekley Homes LLC                                               | Weekley Homes LLC                                               | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4879000 | PA      | $4806480.01   | 0.24%             | 2028-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                        | Venture Global LNG, Inc.                                        | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   7086000 | PA      | $7247667.09   | 0.36%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Axon Enterprise, Inc.                                           | Axon Enterprise, Inc.                                           | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   2241000 | PA      | $2322012.15   | 0.12%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| EMRLD Borrower LP                                               | EMRLD Borrower LP                                               | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6226000 | PA      | $6444389.40   | 0.32%             | 2030-12-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                                       | Michaels Cos., Inc. (The)                                       | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   2994000 | PA      | $2961346.24   | 0.15%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                               | Alliant Holdings Intermediate LLC                               | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4605000 | PA      | $4733249.25   | 0.24%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| 1011778 BC ULC                                                  | 1011778 BC ULC                                                  | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4006000 | PA      | $4073789.53   | 0.20%             | 2029-09-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                                     | IQVIA, Inc.                                                     | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   6697000 | PA      | $6937254.88   | 0.35%             | 2030-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                                | CCO Holdings LLC                                                | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12408000 | PA      | $11661545.89  | 0.59%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Park Intermediate Holdings LLC                                  | Park Intermediate Holdings LLC                                  | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7788000 | PA      | $7618670.97   | 0.38%             | 2029-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Uniti Group LP                                                  | Uniti Group LP                                                  | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4192000 | PA      | $4232534.17   | 0.21%             | 2032-06-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| CNX Resources Corp.                                             | CNX Resources Corp.                                             | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |   6977000 | PA      | $7299497.87   | 0.37%             | 2032-03-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings, Inc.                                             | Post Holdings, Inc.                                             | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   4837000 | PA      | $4871613.57   | 0.24%             | 2034-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                | NRG Energy, Inc.                                                | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   8792000 | PA      | $8850308.54   | 0.44%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Rocket Mortgage LLC                                             | Rocket Mortgage LLC                                             | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1816000 | PA      | $1667504.23   | 0.08%             | 2033-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Consolidated Energy Finance SA                                  | Consolidated Energy Finance SA                                  | CUSIP: 20914UAE6<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   1100000 | PA      | $1089000.00   | 0.05%             | 2026-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Terraform Global Operating LP                                   | Terraform Global Operating LP                                   | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |   1184000 | PA      | $1175837.39   | 0.06%             | 2026-03-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Gulfport Energy Operating Corp.                                 | Gulfport Energy Operating Corp.                                 | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |   7257000 | PA      | $7484049.76   | 0.38%             | 2029-09-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                                  | Wyndham Hotels & Resorts, Inc.                                  | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   7849000 | PA      | $7758564.61   | 0.39%             | 2028-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| JB Poindexter & Co., Inc.                                       | JB Poindexter & Co., Inc.                                       | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   3391000 | PA      | $3522604.71   | 0.18%             | 2031-12-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                   | SM Energy Co.                                                   | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   5187000 | PA      | $5448206.95   | 0.27%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Gray Media, Inc.                                                | Gray Media, Inc.                                                | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   3425000 | PA      | $3506422.53   | 0.18%             | 2033-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                     | Allied Universal Holdco LLC                                     | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2840000 | PA      | $2949356.13   | 0.15%             | 2030-06-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Permian Resources Operating LLC                                 | Permian Resources Operating LLC                                 | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   4475000 | PA      | $4691146.98   | 0.24%             | 2032-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                       | XPLR Infrastructure Operating Partners LP                       | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   5230000 | PA      | $5396753.32   | 0.27%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Azorra Finance Ltd.                                             | Azorra Finance Ltd.                                             | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |   8777000 | PA      | $9236827.03   | 0.46%             | 2030-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| New Flyer Holdings, Inc.                                        | New Flyer Holdings, Inc.                                        | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6329000 | PA      | $6818717.26   | 0.34%             | 2030-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Dotdash Meredith, Inc.                                          | Dotdash Meredith, Inc.                                          | CUSIP: 25849JAA8<br>LEI: 549300R2AA7U9CJUQO13 | Long             | DBT              | CORP              | US        |   5232000 | PA      | $4769895.27   | 0.24%             | 2032-06-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Neptune Bidco US, Inc.                                          | Neptune Bidco US, Inc.                                          | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   7025000 | PA      | $7213312.15   | 0.36%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           |                  2 | On Loan: No      |
| HUB International Ltd.                                          | HUB International Ltd.                                          | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   6771000 | PA      | $7064549.93   | 0.35%             | 2030-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications, Inc.                                  | Univision Communications, Inc.                                  | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   3409000 | PA      | $3518077.77   | 0.18%             | 2028-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| EchoStar Corp.                                                  | EchoStar Corp.                                                  | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   6077534 | PA      | $6662314.32   | 0.33%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Concentra Health Services, Inc.                                 | Concentra Health Services, Inc.                                 | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |   5825000 | PA      | $6098804.13   | 0.31%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| iShares Broad USD High Yield Corporate Bond ETF                 | iShares Broad USD High Yield Corporate Bond ETF                 | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             |  | RF                | US        |    785000 | NS      | $29547400.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hightower Holding LLC                                           | Hightower Holding LLC                                           | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |   4310000 | PA      | $4304076.34   | 0.22%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ball Corp.                                                      | Ball Corp.                                                      | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   4589000 | PA      | $4724909.29   | 0.24%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Comstock Resources, Inc.                                        | Comstock Resources, Inc.                                        | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   8930000 | PA      | $8986937.68   | 0.45%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Insulet Corp.                                                   | Insulet Corp.                                                   | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |   6922000 | PA      | $7203753.09   | 0.36%             | 2033-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ION Platform Finance US, Inc.                                   | ION Platform Finance US, Inc.                                   | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |   5651000 | PA      | $4956006.68   | 0.25%             | 2032-09-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Performance Food Group, Inc.                                    | Performance Food Group, Inc.                                    | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   3848000 | PA      | $3952118.95   | 0.20%             | 2032-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                                        | Energizer Holdings, Inc.                                        | CUSIP: 29272WAG4<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   2373000 | PA      | $2280663.49   | 0.11%             | 2033-09-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Chord Energy Corp.                                              | Chord Energy Corp.                                              | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   6003000 | PA      | $6223140.46   | 0.31%             | 2033-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Rocket Cos., Inc.                                               | Rocket Cos., Inc.                                               | CUSIP: 77311WAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4801000 | PA      | $4938404.62   | 0.25%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Zegona Finance plc                                              | Zegona Finance plc                                              | CUSIP: N/A<br>LEI: 254900B3KC1SS7T2TE92       | Long             | DBT              | CORP              | GB        |    537300 | PA      | $668336.96    | 0.03%             | 2029-07-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Maxam Prill Sarl                                                | Maxam Prill Sarl                                                | CUSIP: N/A<br>LEI: 984500C4C5B820A6B691       | Long             | DBT              | CORP              | LU        |   5940000 | PA      | $7309378.80   | 0.37%             | 2030-07-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                            | Osaic Holdings, Inc.                                            | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |   6671000 | PA      | $6914692.10   | 0.35%             | 2033-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Wildfire Intermediate Holdings LLC                              | Wildfire Intermediate Holdings LLC                              | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |   4549000 | PA      | $4611712.51   | 0.23%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Baffinland Iron Mines Corp.                                     | Baffinland Iron Mines Corp.                                     | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   6198000 | PA      | $5395255.49   | 0.27%             | 2026-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| EchoStar Corp.                                                  | EchoStar Corp.                                                  | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   5122755 | PA      | $5213622.43   | 0.26%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                                  | Raven Acquisition Holdings LLC                                  | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7408000 | PA      | $7423742.30   | 0.37%             | 2031-11-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                             | American Axle & Manufacturing, Inc.                             | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   5068000 | PA      | $5213590.36   | 0.26%             | 2033-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                                   | TerraForm Power Operating LLC                                   | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1494000 | PA      | $1449569.19   | 0.07%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos., Inc.                                           | Albertsons Cos., Inc.                                           | CUSIP: 01309QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11413000 | PA      | $11653830.39  | 0.58%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                                  | NCL Corp. Ltd.                                                  | CUSIP: 62886HBP5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   7273000 | PA      | $7433456.93   | 0.37%             | 2030-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                   | Clearway Energy Operating LLC                                   | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   7564000 | PA      | $7084090.67   | 0.36%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                             | American Axle & Manufacturing, Inc.                             | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   2868000 | PA      | $2926206.06   | 0.15%             | 2032-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Altice France SA                                                | Altice France SA                                                | CUSIP: 02090DAB4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   5659304 | PA      | $5563736.47   | 0.28%             | 2030-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Gray Media, Inc.                                                | Gray Media, Inc.                                                | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   4529000 | PA      | $4669179.48   | 0.23%             | 2032-07-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Mavis Tire Express Services Topco Corp.                         | Mavis Tire Express Services Topco Corp.                         | CUSIP: 59155LAA0<br>LEI: 254900NVDM4GTLBL9E56 | Long             | DBT              | CORP              | US        |   4808000 | PA      | $4798563.34   | 0.24%             | 2029-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                                   | TerraForm Power Operating LLC                                   | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   6745000 | PA      | $6752588.13   | 0.34%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Home Co., Inc. (The)                                        | New Home Co., Inc. (The)                                        | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   5895000 | PA      | $6140514.96   | 0.31%             | 2030-11-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Fiesta Purchaser, Inc.                                          | Fiesta Purchaser, Inc.                                          | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3187000 | PA      | $3277781.70   | 0.16%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS Corp.                                                  | DISH DBS Corp.                                                  | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5857000 | PA      | $5183545.51   | 0.26%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating LLC                                 | Permian Resources Operating LLC                                 | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   4653000 | PA      | $4668629.43   | 0.23%             | 2029-07-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| US Foods, Inc.                                                  | US Foods, Inc.                                                  | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   2715000 | PA      | $2761943.44   | 0.14%             | 2033-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| RHP Hotel Properties LP                                         | RHP Hotel Properties LP                                         | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9598000 | PA      | $9881908.84   | 0.50%             | 2028-07-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $6932.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                      | PG&E Corp.                                                      | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2992942.04   | 0.15%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Co.                                   | Perrigo Finance Unlimited Co., Series USD                       | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   6834000 | PA      | $6721422.83   | 0.34%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Avis Budget Finance plc                                         | Avis Budget Finance plc                                         | CUSIP: N/A<br>LEI: 549300W3BJJPGKCIOI13       | Long             | DBT              | CORP              | JE        |   2675000 | PA      | $3253218.48   | 0.16%             | 2030-07-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group                                               | Jane Street Group                                               | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13729000 | PA      | $13983082.60  | 0.70%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| LBM Acquisition LLC                                             | LBM Acquisition LLC                                             | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |   5141000 | PA      | $5414084.78   | 0.27%             | 2031-06-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                 | TransDigm, Inc.                                                 | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3773000 | PA      | $3879870.23   | 0.19%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Empire Communities Corp.                                        | Empire Communities Corp.                                        | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |   5648000 | PA      | $5836225.25   | 0.29%             | 2029-05-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                                   | Starwood Property Trust, Inc.                                   | CUSIP: 85571BBG9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   9041000 | PA      | $9154627.29   | 0.46%             | 2031-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Prairie Acquiror LP                                             | Prairie Acquiror LP                                             | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |   5273000 | PA      | $5469160.87   | 0.27%             | 2029-08-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Miter Brands Acquisition Holdco, Inc.                           | Miter Brands Acquisition Holdco, Inc.                           | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1873000 | PA      | $1923689.00   | 0.10%             | 2032-04-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                        | Venture Global LNG, Inc.                                        | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   5961000 | PA      | $6347690.07   | 0.32%             | 2029-02-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Stagwell Global LLC                                             | Stagwell Global LLC                                             | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |   6585000 | PA      | $6385234.15   | 0.32%             | 2029-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Virgin Media Finance plc                                        | Virgin Media Finance plc                                        | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   5484000 | PA      | $4791761.81   | 0.24%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FTAI Aviation Investors LLC                                     | FTAI Aviation Investors LLC                                     | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   6782000 | PA      | $6788517.50   | 0.34%             | 2028-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7614.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                            | Osaic Holdings, Inc., Series Jan                                | CUSIP: 00791GAE7<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1751279.40   | 0.09%             | 2033-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Walker & Dunlop, Inc.                                           | Walker & Dunlop, Inc.                                           | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5187000 | PA      | $5317105.52   | 0.27%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Turning Point Brands, Inc.                                      | Turning Point Brands, Inc.                                      | CUSIP: 90041LAG0<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |   7159000 | PA      | $7678993.97   | 0.39%             | 2032-03-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Molina Healthcare, Inc.                                         | Molina Healthcare, Inc.                                         | CUSIP: 60855RAN0<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   7344000 | PA      | $7526483.71   | 0.38%             | 2031-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                        | Venture Global LNG, Inc.                                        | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   3644000 | PA      | $3730352.41   | 0.19%             | 2028-06-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                            | CrossCountry Intermediate HoldCo LLC                            | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3941000 | PA      | $4000075.59   | 0.20%             | 2030-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                         | SS&C Technologies, Inc.                                         | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   2203000 | PA      | $2274430.07   | 0.11%             | 2032-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                                  | NCL Corp. Ltd.                                                  | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2855000 | PA      | $2925821.13   | 0.15%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                             | Hilton Domestic Operating Co., Inc.                             | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   2980000 | PA      | $3057837.60   | 0.15%             | 2033-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                         | Nabors Industries, Inc.                                         | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   5790000 | PA      | $5887422.54   | 0.30%             | 2031-08-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                    | Rockies Express Pipeline LLC                                    | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |   5916000 | PA      | $6056363.02   | 0.30%             | 2040-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Cable One, Inc.                                                 | Cable One, Inc.                                                 | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   4589000 | PA      | $3340127.97   | 0.17%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Uniti Group LP                                                  | Uniti Group LP                                                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5643000 | PA      | $5488299.98   | 0.28%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Frontier Communications Holdings LLC                            | Frontier Communications Holdings LLC                            | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2922000 | PA      | $2932259.14   | 0.15%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Consolidated Energy Finance SA                                  | Consolidated Energy Finance SA                                  | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   6068000 | PA      | $5006100.00   | 0.25%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $5065.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fair Isaac Corp.                                                | Fair Isaac Corp.                                                | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   9969000 | PA      | $10157763.02  | 0.51%             | 2033-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| 1011778 BC ULC                                                  | 1011778 BC ULC                                                  | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   5590000 | PA      | $5333566.07   | 0.27%             | 2030-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Neptune Bidco US, Inc.                                          | Neptune Bidco US, Inc.                                          | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   2341000 | PA      | $2475124.29   | 0.12%             | 2031-05-15      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| Rocket Cos., Inc.                                               | Rocket Cos., Inc.                                               | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3941664.65   | 0.20%             | 2030-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Bombardier, Inc.                                                | Bombardier, Inc.                                                | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   2523000 | PA      | $2648439.09   | 0.13%             | 2032-06-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Penske Automotive Group, Inc.                                   | Penske Automotive Group, Inc.                                   | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |   6313000 | PA      | $6099640.68   | 0.31%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                           | OneMain Finance Corp.                                           | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   4114000 | PA      | $4103161.67   | 0.21%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-11858.51    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Champ Acquisition Corp.                                         | Champ Acquisition Corp.                                         | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5315000 | PA      | $5666927.41   | 0.28%             | 2031-12-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance LLC                                        | Wynn Resorts Finance LLC                                        | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1693000 | PA      | $1824083.91   | 0.09%             | 2031-02-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| 1261229 BC Ltd.                                                 | 1261229 BC Ltd.                                                 | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   8578000 | PA      | $8803232.46   | 0.44%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                   | White Cap Supply Holdings LLC                                   | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |   6213000 | PA      | $6453337.48   | 0.32%             | 2030-11-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                   | Freedom Mortgage Holdings LLC                                   | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   2228000 | PA      | $2355593.10   | 0.12%             | 2031-05-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                                      | Fertitta Entertainment LLC                                      | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6787000 | PA      | $6418230.59   | 0.32%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Rocket Cos., Inc.                                               | Rocket Cos., Inc.                                               | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8065000 | PA      | $8367122.97   | 0.42%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Tronox, Inc.                                                    | Tronox, Inc.                                                    | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |   1689000 | PA      | $1298220.61   | 0.07%             | 2029-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group, Inc.                                              | Aretec Group, Inc.                                              | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |   1589000 | PA      | $1585107.27   | 0.08%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Amer Sports Co.                                                 | Amer Sports Co.                                                 | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |   5524000 | PA      | $5753748.68   | 0.29%             | 2031-02-16      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Allison Transmission, Inc.                                      | Allison Transmission, Inc.                                      | CUSIP: 019736AH0<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   1868000 | PA      | $1894441.54   | 0.10%             | 2033-12-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group, Inc.                                              | Aretec Group, Inc.                                              | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |   4102000 | PA      | $4418633.38   | 0.22%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Amentum Holdings, Inc.                                          | Amentum Holdings, Inc.                                          | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |   7636000 | PA      | $8046992.43   | 0.40%             | 2032-08-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Zegona Finance plc                                              | Zegona Finance plc                                              | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |   4936000 | PA      | $5203694.09   | 0.26%             | 2029-07-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                    | Rockies Express Pipeline LLC                                    | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |   3045000 | PA      | $3211835.55   | 0.16%             | 2033-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Newell Brands, Inc.                                             | Newell Brands, Inc.                                             | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   3575000 | PA      | $3501119.05   | 0.18%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                           | Hightower Holding LLC                                           | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |   2614000 | PA      | $2759163.26   | 0.14%             | 2030-01-31      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| MajorDrive Holdings IV LLC                                      | MajorDrive Holdings IV LLC                                      | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |   2506000 | PA      | $2016013.60   | 0.10%             | 2029-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Acrisure LLC                                                    | Acrisure LLC                                                    | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1832000 | PA      | $1896654.21   | 0.10%             | 2030-11-06      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC                                  | Anywhere Real Estate Group LLC                                  | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2423030.10   | 0.12%             | 2030-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| AthenaHealth Group, Inc.                                        | AthenaHealth Group, Inc.                                        | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   7015000 | PA      | $6803455.66   | 0.34%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                                | CSC Holdings LLC                                                | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   4090000 | PA      | $1607591.92   | 0.08%             | 2030-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| TriNet Group, Inc.                                              | TriNet Group, Inc.                                              | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |   5130000 | PA      | $4848299.90   | 0.24%             | 2029-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                        | Lindblad Expeditions LLC                                        | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |   5054000 | PA      | $5276057.60   | 0.26%             | 2030-09-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                 | TransDigm, Inc.                                                 | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9903000 | PA      | $10314816.26  | 0.52%             | 2030-12-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CACI International, Inc.                                        | CACI International, Inc.                                        | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |   8191000 | PA      | $8498465.57   | 0.43%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| EURO                                                            | EURO                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |    158457 | OU      | $187827.43    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Medline Borrower LP                                             | Medline Borrower LP                                             | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   7992000 | PA      | $8005810.18   | 0.40%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Life Time, Inc.                                                 | Life Time, Inc.                                                 | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   4533000 | PA      | $4647639.57   | 0.23%             | 2031-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                      | Cloud Software Group, Inc.                                      | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   4626000 | PA      | $4434421.15   | 0.22%             | 2033-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Veritiv Operating Co.                                           | Veritiv Operating Co.                                           | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |   5369000 | PA      | $5748840.64   | 0.29%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Virtusa Corp.                                                   | Virtusa Corp.                                                   | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |   3828000 | PA      | $3755356.04   | 0.19%             | 2028-12-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Viking Cruises Ltd.                                             | Viking Cruises Ltd.                                             | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   4569000 | PA      | $4632014.05   | 0.23%             | 2033-10-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Prestige Brands, Inc.                                           | Prestige Brands, Inc.                                           | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |   4937000 | PA      | $4938871.12   | 0.25%             | 2028-01-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Mattamy Group Corp.                                             | Mattamy Group Corp.                                             | CUSIP: 57701RAQ5<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |   2897000 | PA      | $2846501.52   | 0.14%             | 2033-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Churchill Downs, Inc.                                           | Churchill Downs, Inc.                                           | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |  12615000 | PA      | $12683385.92  | 0.64%             | 2030-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Snap, Inc.                                                      | Snap, Inc.                                                      | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   1707000 | PA      | $1743059.76   | 0.09%             | 2034-03-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                             | Forward Foreign Currency Contract                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-19824.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GFL Environmental, Inc.                                         | GFL Environmental, Inc.                                         | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |   3043000 | PA      | $3183376.91   | 0.16%             | 2031-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| HUB International Ltd.                                          | HUB International Ltd.                                          | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   3413000 | PA      | $3575138.05   | 0.18%             | 2032-01-31      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Bombardier, Inc.                                                | Bombardier, Inc.                                                | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   4989000 | PA      | $5240405.69   | 0.26%             | 2033-06-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Petra Diamonds Ltd.                                             | Petra Diamonds Ltd.                                             | CUSIP: N/A<br>LEI: 213800X4QZIAVSA12860       | Long             | EC               | CORP              | BM        |    201419 | NS      | $41341.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                       | XPLR Infrastructure Operating Partners LP                       | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   3689000 | PA      | $3655457.77   | 0.18%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                                 | TransDigm, Inc.                                                 | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  11504000 | PA      | $11711210.05  | 0.59%             | 2033-05-31      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                                | CSC Holdings LLC                                                | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $1834372.10   | 0.09%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Acadia Healthcare Co., Inc.                                     | Acadia Healthcare Co., Inc.                                     | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |   5797000 | PA      | $5726246.46   | 0.29%             | 2033-03-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| New Enterprise Stone & Lime Co., Inc.                           | New Enterprise Stone & Lime Co., Inc.                           | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |   2209000 | PA      | $2220045.00   | 0.11%             | 2028-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                   | SM Energy Co.                                                   | CUSIP: 17888HAC7<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1898438.67   | 0.10%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                   | SM Energy Co.                                                   | CUSIP: 17888HAA1<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1288000 | PA      | $1325735.82   | 0.07%             | 2028-07-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                       | Sunoco LP                                                       | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   8277000 | PA      | $8753936.63   | 0.44%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Garda World Security Corp.                                      | Garda World Security Corp.                                      | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   6936000 | PA      | $7120955.38   | 0.36%             | 2032-11-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain, Inc.                                             | Iron Mountain, Inc.                                             | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   5862000 | PA      | $5923498.24   | 0.30%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** MFS Series Trust III

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer