# EDGAR Filing Document

**Accession Number:** 0001727074
**File Stem:** 0001752724-25-182144
**Filing Date:** 2025-7
**Character Count:** 219022
**Document Hash:** e7666ba965ba6509c0ba2aa515caf54f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-182144.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-182144

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250530

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PGIM ETF TRUST
- **CENTRAL INDEX KEY:** 0001727074

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23324
- **FILM NUMBER:** 251159857

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 802-5032

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

## Series and Classes Contracts Data

### PGIM AAA CLO ETF (Series ID: S000080947)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000243576 | PGIM AAA CLO ETF | PAAA            |

## Nport-Ex

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Long-Term Investments 97.5%** | **Long-Term Investments 97.5%** | **Long-Term Investments 97.5%** | **Long-Term Investments 97.5%** | **Long-Term Investments 97.5%** |
| **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** |
| **Collateralized Loan Obligations** | **Collateralized Loan Obligations** | **Collateralized Loan Obligations** | **Collateralized Loan Obligations** | **Collateralized Loan Obligations** |
| AGL CLO Ltd. (United Kingdom), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-20A, Class A1R, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.639 %(c) | &nbsp;&nbsp;10/20/37 | &nbsp;&nbsp;6800 | &nbsp;&nbsp; $6810194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-21A, Class A1R, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.629(c) | &nbsp;&nbsp;10/21/37 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25024013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-22A, Class A1R, 144A, 3 Month SOFR + 1.190% (Cap N/A, Floor 1.190%) | 5.459(c) | &nbsp;&nbsp;01/20/37 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14985389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-23A, Class A1R, 144A, 3 Month SOFR + 1.150% (Cap N/A, Floor 1.150%) | 5.419(c) | &nbsp;&nbsp;04/20/38 | 19600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19560800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-24A, Class A1R, 144A, 3 Month SOFR + 1.470% (Cap N/A, Floor 1.470%) | 5.797(c) | &nbsp;&nbsp;03/31/38 | 19600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19644280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-30RA, Class A1, 144A, 3 Month SOFR + 1.530% (Cap N/A, Floor 1.530%) | 5.799(c) | &nbsp;&nbsp;04/21/37 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20089400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-37A, Class A1, 144A, 3 Month SOFR + 1.240% (Cap N/A, Floor 1.240%) | 5.536(c) | &nbsp;&nbsp;04/22/38 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000000 |
| AGL CLO Ltd. (Cayman Islands),<br> Series 2020-05A, Class A1RR, 144A, 3 Month SOFR + 0.938% (Cap N/A, Floor 0.938%) | 5.208(c) | &nbsp;&nbsp;07/20/34 | 18250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18245885 |
| AGL Core CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-02A, Class A1R, 144A, 3 Month SOFR + 1.460% (Cap N/A, Floor 1.460%) | 5.729(c) | &nbsp;&nbsp;07/20/37 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15016670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-15A, Class A1, 144A, 3 Month SOFR + 1.412% (Cap N/A, Floor 1.150%) | 5.681(c) | &nbsp;&nbsp;01/20/35 | &nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538217 |
| AIMCO CLO Ltd. (Cayman Islands),<br> Series 2021-16A, Class AR, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.680(c) | &nbsp;&nbsp;07/17/37 | &nbsp;&nbsp;5185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5192391 |
| AIMCO CLO Ltd. (United Kingdom),<br> Series 2022-18A, Class A1LR, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.629(c) | &nbsp;&nbsp;07/20/37 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15013289 |
| Allegany Park CLO Ltd. (Cayman Islands),<br> Series 2019-01A, Class AR, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.569(c) | &nbsp;&nbsp;01/20/35 | 28750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28820558 |
| Anchorage Capital CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-07A, Class AR3, 144A, 3 Month SOFR + 1.560% (Cap N/A, Floor 1.560%) | 5.843(c) | &nbsp;&nbsp;04/28/37 | 11095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11138116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-24A, Class A1R, 144A, 3 Month SOFR + 1.430% (Cap N/A, Floor 1.430%) | 5.686(c) | &nbsp;&nbsp;07/15/37 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25019265 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-26A, Class A1R, 144A | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;03/19/38 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20021900 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Anchorage Capital CLO Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-30A, Class A1, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.615 %(c) | &nbsp;&nbsp;01/20/37 | 10000 | &nbsp;&nbsp; $10004716 |
| Apidos CLO,<br> Series 2018-18A, Class A1R2, 144A, 3 Month SOFR + 1.330% (Cap N/A, Floor 1.330%) | 5.602(c) | &nbsp;&nbsp;01/22/38 | &nbsp;&nbsp;8450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8463734 |
| Apidos CLO (Cayman Islands),<br> Series 2013-12A, Class ARR, 144A, 3 Month SOFR + 1.080% (Cap N/A, Floor 1.080%) | 5.336(c) | &nbsp;&nbsp;04/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366485 |
| Atlas Senior Loan Fund Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-14A, Class AR, 144A, 3 Month SOFR + 1.422% (Cap N/A, Floor 1.160%) | 5.691(c) | &nbsp;&nbsp;07/20/32 | &nbsp;&nbsp;&nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-15A, Class A1R, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.499(c) | &nbsp;&nbsp;10/23/32 | &nbsp;&nbsp;1687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-15A, Class A2R, 144A, 3 Month SOFR + 1.750% (Cap N/A, Floor 1.750%) | 6.029(c) | &nbsp;&nbsp;10/23/32 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2002068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-17A, Class AR, 144A, 3 Month SOFR + 1.060% (Cap N/A, Floor 1.060%) | 5.329(c) | &nbsp;&nbsp;10/20/34 | 40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39972224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-24A, Class A1, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.689(c) | &nbsp;&nbsp;01/20/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10030416 |
| Atlas Senior Loan Fund Ltd. (United Kingdom),<br> Series 2024-23A, Class A1, 144A, 3 Month SOFR + 1.530% (Cap N/A, Floor 1.530%) | 5.799(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;5250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5272633 |
| Atlas Static Senior Loan Fund Ltd. (Cayman Islands),<br> Series 2022-01A, Class AR, 144A, 3 Month SOFR + 1.750% (Cap N/A, Floor 1.750%) | 6.006(c) | &nbsp;&nbsp;07/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402929 |
| Bain Capital Credit CLO (Cayman Islands),<br> Series 2019-01A, Class AR2, 144A, 3 Month SOFR + 1.230% (Cap N/A, Floor 1.230%) | 5.499(c) | &nbsp;&nbsp;04/19/34 | 13770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13776885 |
| Bain Capital Credit CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-04A, Class A1R, 144A, 3 Month SOFR + 1.750% (Cap N/A, Floor 1.750%) | 6.019(c) | &nbsp;&nbsp;10/20/36 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25092702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-04A, Class A1R, 144A, 3 Month SOFR + 1.200% (Cap N/A, Floor 1.200%) | 5.469(c) | &nbsp;&nbsp;10/20/34 | &nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5515458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-06A, Class A1R, 144A, 3 Month SOFR + 1.090% (Cap N/A, Floor 1.090%) | 5.359(c) | &nbsp;&nbsp;10/21/34 | 13175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13172826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class A1, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.589(c) | &nbsp;&nbsp;04/18/35 | &nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7511946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-03A, Class A1, 144A, 3 Month SOFR + 1.480% (Cap N/A, Floor 1.480%) | 5.741(c) | &nbsp;&nbsp;07/16/37 | &nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6408765 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Balboa Bay Loan Funding Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-01A, Class A1RR, 144A, 3 Month SOFR + 1.290% (Cap N/A, Floor 1.290%) | 5.559 %(c) | &nbsp;&nbsp;10/20/35 | 43210 | &nbsp;&nbsp; $43214822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-01A, Class AR, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.689(c) | &nbsp;&nbsp;04/20/36 | &nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7520671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-02A, Class A1, 144A, 3 Month SOFR + 1.330% (Cap N/A, Floor 1.330%) | 5.646(c) | &nbsp;&nbsp;01/20/38 | 11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11007864 |
| Ballyrock CLO Ltd. (Cayman Islands),<br> Series 2020-14A, Class A1AR, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.649(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3506258 |
| Barings CLO Ltd. (Cayman Islands),<br> Series 2021-02A, Class A1, 144A, 3 Month SOFR + 1.412% (Cap N/A, Floor 1.150%) | 5.668(c) | &nbsp;&nbsp;07/15/34 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15027983 |
| Barrow Hanley CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-02A, Class A1, 144A, 3 Month SOFR + 2.050% (Cap N/A, Floor 2.050%) | 6.322(c) | &nbsp;&nbsp;10/20/35 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-03A, Class A1, 144A, 3 Month SOFR + 1.620% (Cap N/A, Floor 1.620%) | 5.889(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003956 |
| Battalion CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-10A, Class A1R2, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.707(c) | &nbsp;&nbsp;01/25/35 | &nbsp;&nbsp;4955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4954056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-11A, Class AR, 144A, 3 Month SOFR + 1.412% (Cap N/A, Floor 1.150%) | 5.687(c) | &nbsp;&nbsp;04/24/34 | &nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2754809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-14A, Class AR, 144A, 3 Month SOFR + 1.452% (Cap N/A, Floor 1.190%) | 5.721(c) | &nbsp;&nbsp;01/20/35 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2501535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-16A, Class A1R2, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.669(c) | &nbsp;&nbsp;01/20/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10025807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-17A, Class A1R, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.569(c) | &nbsp;&nbsp;03/09/34 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-21A, Class A, 144A, 3 Month SOFR + 1.442% (Cap N/A, Floor 1.180%) | 5.698(c) | &nbsp;&nbsp;07/15/34 | 12495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12495405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-23A, Class A1R, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.676(c) | &nbsp;&nbsp;10/15/37 | &nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6520914 |
| Benefit Street Partners CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-23A, Class A1, 144A, 3 Month SOFR + 1.342% (Cap N/A, Floor 1.080%) | 5.623(c) | &nbsp;&nbsp;04/25/34 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2504037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-37A, Class A, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.698(c) | &nbsp;&nbsp;01/25/38 | 18500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18518785 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| BlueMountain CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-24A, Class AR, 144A, 3 Month SOFR + 1.362% (Cap N/A, Floor 1.100%) | 5.631 %(c) | &nbsp;&nbsp;04/20/34 | 42175 | &nbsp;&nbsp; $42261526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-30A, Class AR, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.626(c) | &nbsp;&nbsp;04/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-32A, Class AR, 144A, 3 Month SOFR + 1.100% (Cap N/A, Floor 1.100%) | 5.356(c) | &nbsp;&nbsp;10/15/34 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000000 |
| Broad River BSL Funding CLO Ltd. (Cayman Islands),<br> Series 2020-01A, Class AR, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.701(c) | &nbsp;&nbsp;07/20/34 | 16865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16866366 |
| Canyon Capital CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-01A, Class AR, 144A, 3 Month SOFR + 1.332% (Cap N/A, Floor 0.000%) | 5.588(c) | &nbsp;&nbsp;07/15/31 | &nbsp;&nbsp;1865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1868125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class ARR, 144A, 3 Month SOFR + 1.430% (Cap N/A, Floor 1.430%) | 5.686(c) | &nbsp;&nbsp;07/15/37 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5003491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class A, 144A, 3 Month SOFR + 1.330% (Cap N/A, Floor 1.330%) | 5.591(c) | &nbsp;&nbsp;04/15/35 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5009181 |
| Capital Four US CLO Ltd. (Cayman Islands),<br> Series 2021-01A, Class A, 144A, 3 Month SOFR + 1.472% (Cap N/A, Floor 1.210%) | 5.741(c) | &nbsp;&nbsp;01/18/35 | &nbsp;&nbsp;2753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2754560 |
| Carlyle CLO Ltd. (Cayman Islands),<br> Series C17A, Class A1AR, 144A, 3 Month SOFR + 1.292% (Cap N/A, Floor 0.000%) | 5.571(c) | &nbsp;&nbsp;04/30/31 | &nbsp;&nbsp;7856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7860906 |
| Carlyle Global Market Strategies CLO Ltd. (Cayman<br> Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-01A, Class A1R2, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%) | 5.511(c) | &nbsp;&nbsp;04/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-03RA, Class A1A, 144A, 3 Month SOFR + 1.312% (Cap N/A, Floor 0.000%) | 5.594(c) | &nbsp;&nbsp;07/27/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-04A, Class A1RR, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.489(c) | &nbsp;&nbsp;07/20/32 | &nbsp;&nbsp;6438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6438520 |
| Carlyle US CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-03A, Class A1R2, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.669(c) | &nbsp;&nbsp;10/21/37 | 45540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45619326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-02A, Class A1R, 144A, 3 Month SOFR + 1.402% (Cap N/A, Floor 1.140%) | 5.683(c) | &nbsp;&nbsp;01/25/35 | 22060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22106827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-03SA, Class A1, 144A, 3 Month SOFR + 1.322% (Cap N/A, Floor 1.060%) | 5.578(c) | &nbsp;&nbsp;04/15/34 | 16800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16821484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-06A, Class A1R, 144A, 3 Month SOFR + 1.290% (Cap N/A, Floor 1.290%) | 5.546(c) | &nbsp;&nbsp;01/15/38 | &nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8008800 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Carlyle US CLO Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-03A, Class AR, 144A, 3 Month SOFR + 1.550% (Cap N/A, Floor 1.550%) | 5.819 %(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;3500 | &nbsp;&nbsp; $3515594 |
| CarVal CLO Ltd. (Cayman Islands),<br> Series 2024-03A, Class A1, 144A, 3 Month SOFR + 1.390% (Cap N/A, Floor 1.390%) | 5.659(c) | &nbsp;&nbsp;10/20/37 | 30030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30064862 |
| CarVal CLO Ltd. (United Kingdom),<br> Series 2023-01A, Class A1R, 144A, 3 Month SOFR + 1.440% (Cap N/A, Floor 1.440%) | 5.709(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8986844 |
| CBAM Ltd. (Cayman Islands),<br> Series 2020-12A, Class AR, 144A, 3 Month SOFR + 1.442% (Cap N/A, Floor 1.442%) | 5.711(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500816 |
| CIFC Falcon Ltd. (Cayman Islands),<br> Series 2019-FAL, Class A, 144A, 3 Month SOFR + 1.262% (Cap N/A, Floor 1.000%) | 5.531(c) | &nbsp;&nbsp;01/20/33 | &nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756949 |
| CIFC Funding Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-01A, Class ARR, 144A, 3 Month SOFR + 1.372% (Cap N/A, Floor 1.110%) | 5.644(c) | &nbsp;&nbsp;01/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-04A, Class A1A2, 144A, 3 Month SOFR + 1.332% (Cap N/A, Floor 1.332%) | 5.601(c) | &nbsp;&nbsp;04/20/34 | &nbsp;&nbsp;6180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6190165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-05A, Class AR, 144A, 3 Month SOFR + 1.410% (Cap N/A, Floor 1.410%) | 5.690(c) | &nbsp;&nbsp;07/17/37 | &nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7010250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-01A, Class A1R, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.589(c) | &nbsp;&nbsp;01/18/38 | 11890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11901890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-02A, Class A1R, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.639(c) | &nbsp;&nbsp;10/20/37 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5006316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-05A, Class A1R1, 144A, 3 Month SOFR + 1.402% (Cap N/A, Floor 1.140%) | 5.658(c) | &nbsp;&nbsp;01/15/35 | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1803900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-06A, Class A1R, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.711(c) | &nbsp;&nbsp;07/16/37 | &nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3253145 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-03A, Class A1R, 144A, 3 Month SOFR + 1.392% (Cap N/A, Floor 1.392%) | 5.661(c) | &nbsp;&nbsp;10/20/34 | 32100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32153501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-04A, Class A1R, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.556(c) | &nbsp;&nbsp;01/15/40 | 26000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25991035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-05A, Class A1R, 144A, 3 Month SOFR + 1.520% (Cap N/A, Floor 1.520%) | 5.781(c) | &nbsp;&nbsp;01/16/37 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-03A, Class A, 144A, 3 Month SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.869(c) | &nbsp;&nbsp;01/20/37 | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1104569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-03A, Class A1, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.679(c) | &nbsp;&nbsp;07/21/38 | 27150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27245025 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Columbia Cent CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-30A, Class A1R, 144A, 3 Month SOFR + 1.280% (Cap N/A, Floor 1.280%) | 5.549 %(c) | &nbsp;&nbsp;01/20/34 | 10000 | &nbsp;&nbsp; $10006975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-32A, Class A1R, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.725(c) | &nbsp;&nbsp;07/24/34 | &nbsp;&nbsp;4880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4881120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-33A, Class A1, 144A, 3 Month SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.869(c) | &nbsp;&nbsp;04/20/37 | 18510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18590013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-33A, Class AJ, 144A, 3 Month SOFR + 1.830% (Cap N/A, Floor 1.830%) | 6.099(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3010779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-34A, Class A1, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.839(c) | &nbsp;&nbsp;01/25/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10022038 |
| CQS US CLO Ltd. (United Kingdom),<br> Series 2023-03A, Class A1, 144A, 3 Month SOFR + 1.890% (Cap N/A, Floor 1.890%) | 6.172(c) | &nbsp;&nbsp;01/25/37 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2511152 |
| CQS US CLO Ltd. (Cayman Islands),<br> Series 2021-01A, Class AR, 144A, 3 Month SOFR + 1.200% (Cap N/A, Floor 1.200%) | 5.469(c) | &nbsp;&nbsp;01/20/35 | 21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21063422 |
| Crown City CLO (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-01A, Class A1AR, 144A, 3 Month SOFR + 1.452% (Cap N/A, Floor 1.190%) | 5.721(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-02A, Class A1AR, 144A, 3 Month SOFR + 1.340% (Cap N/A, Floor 1.340%) | 5.609(c) | &nbsp;&nbsp;04/20/35 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1497810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class A1A, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.701(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-04A, Class A1R, 144A, 3 Month SOFR + 1.610% (Cap N/A, Floor 1.610%) | 5.879(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1506590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-06A, Class A1, 144A, 3 Month SOFR + 1.500% (Cap N/A, Floor 1.500%) | 5.756(c) | &nbsp;&nbsp;07/15/37 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999232 |
| Danby Park CLO Ltd. (United Kingdom),<br> Series 2022-01A, Class AR, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.629(c) | &nbsp;&nbsp;10/21/37 | 22210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22231728 |
| Diameter Capital CLO Ltd. (Cayman Islands),<br> Series 2024-07A, Class A1A, 144A, 3 Month SOFR + 1.480% (Cap N/A, Floor 1.480%) | 5.749(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5007443 |
| Elevation CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-05A, Class A1RR, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.683(c) | &nbsp;&nbsp;01/25/38 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-11A, Class A1R, 144A, 3 Month SOFR + 1.470% (Cap N/A, Floor 1.470%) | 5.726(c) | &nbsp;&nbsp;10/15/37 | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3994544 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Elevation CLO Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-13A, Class A1R, 144A, 3 Month SOFR + 1.060% (Cap N/A, Floor 1.060%) | 5.316 %(c) | &nbsp;&nbsp;07/15/34 | 10500 | &nbsp;&nbsp; $10494750 |
| Elmwood CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class A1RR, 144A, 3 Month SOFR + 1.520% (Cap N/A, Floor 1.520%) | 5.789(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8821988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-02A, Class A1RR, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.619(c) | &nbsp;&nbsp;10/20/37 | 30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30074958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-03A, Class A1RR, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.649(c) | &nbsp;&nbsp;07/18/37 | 27800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27828870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-03A, Class A1R, 144A, 3 Month SOFR + 1.270% (Cap N/A, Floor 1.270%) | 5.539(c) | &nbsp;&nbsp;04/20/34 | 12000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12015500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-05A, Class AR, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.616(c) | &nbsp;&nbsp;10/15/37 | 10325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10335494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-07A, Class AR, 144A, 3 Month SOFR + 1.500% (Cap N/A, Floor 1.500%) | 5.780(c) | &nbsp;&nbsp;01/17/37 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20064680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-03A, Class AR, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.600(c) | &nbsp;&nbsp;01/17/38 | &nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7006997 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-02A, Class A1, 144A, 3 Month SOFR + 1.140% (Cap N/A, Floor 1.140%) | 5.424(c) | &nbsp;&nbsp;04/17/38 | 22350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22317340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-05A, Class A, 144A | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;03/31/38 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20021640 |
| Empower CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class A1R, 144A, 3 Month SOFR + 1.390% (Cap N/A, Floor 1.390%) | 5.659(c) | &nbsp;&nbsp;10/20/37 | 21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21049256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-01A, Class A1, 144A, 3 Month SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.882(c) | &nbsp;&nbsp;04/25/37 | 16250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16310084 |
| Galaxy CLO Ltd. (Cayman Islands),<br> Series 2018-25A, Class A1R, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.702(c) | &nbsp;&nbsp;04/25/36 | &nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3599072 |
| Gallatin CLO Ltd. (Bermuda), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-01A, Class A1, 144A, 3 Month SOFR + 2.100% (Cap N/A, Floor 2.100%) | 6.342(c) | &nbsp;&nbsp;10/14/35 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-01A, Class AJ, 144A, 3 Month SOFR + 2.550% (Cap N/A, Floor 2.550%) | 6.792(c) | &nbsp;&nbsp;10/14/35 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-01A, Class A1, 144A, 3 Month SOFR + 1.480% (Cap N/A, Floor 1.480%) | 5.749(c) | &nbsp;&nbsp;10/20/37 | &nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7012746 |
| Generate CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 04A, Class ARR, 144A, 3 Month SOFR + 1.430% (Cap N/A, Floor 1.430%) | 5.699(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8025302 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Generate CLO Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 07A, Class A1R, 144A, 3 Month SOFR + 1.620% (Cap N/A, Floor 1.620%) | 5.892 %(c) | &nbsp;&nbsp;04/22/37 | &nbsp;&nbsp;2685 | &nbsp;&nbsp; $2696931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 07A, Class A2R, 144A, 3 Month SOFR + 2.000% (Cap N/A, Floor 2.000%) | 6.272(c) | &nbsp;&nbsp;04/22/37 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1507163 |
| Generate CLO Ltd. (United Kingdom),<br> Series 2024-15A, Class A, 144A, 3 Month SOFR + 1.570% (Cap N/A, Floor 1.570%) | 5.839(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3013365 |
| Golub Capital Partners CLO Ltd. (United Kingdom), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-66A, Class A, 144A, 3 Month SOFR + 1.950% (Cap N/A, Floor 1.950%) | 6.232(c) | &nbsp;&nbsp;04/25/36 | &nbsp;&nbsp;5120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5120000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-76A, Class A1, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.652(c) | &nbsp;&nbsp;10/25/37 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5010229 |
| Golub Capital Partners CLO Ltd.,<br> Series 2022-62A, Class AR, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.626(c) | &nbsp;&nbsp;10/15/37 | 34981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35049899 |
| Golub Capital Partners Static Ltd. (Cayman Islands),<br> Series 2024-01A, Class A1, 144A, 3 Month SOFR + 1.230% (Cap N/A, Floor 1.230%) | 5.499(c) | &nbsp;&nbsp;04/20/33 | &nbsp;&nbsp;4243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4249678 |
| Greywolf CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-01A, Class A1, 144A, 3 Month SOFR + 1.292% (Cap N/A, Floor 0.000%) | 5.574(c) | &nbsp;&nbsp;04/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-02A, Class A1, 144A, 3 Month SOFR + 1.440% (Cap N/A, Floor 1.440%) | 5.709(c) | &nbsp;&nbsp;10/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355193 |
| Hayfin US Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-12A, Class A1R, 144A, 3 Month SOFR + 1.230% (Cap N/A, Floor 1.230%) | 5.499(c) | &nbsp;&nbsp;01/20/38 | 29710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29700891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-15A, Class A1, 144A, 3 Month SOFR + 1.640% (Cap N/A, Floor 1.640%) | 5.923(c) | &nbsp;&nbsp;04/28/37 | &nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2259585 |
| Highbridge Loan Management Ltd. (Cayman Islands),<br> Series 05A-2015, Class A1R3, 144A, 3 Month SOFR + 1.060% (Cap N/A, Floor 1.060%) | 5.316(c) | &nbsp;&nbsp;10/15/30 | &nbsp;&nbsp;1933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1931820 |
| HPS Loan Management Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 10A-16, Class A1R3, 144A, 3 Month SOFR + 1.120% (Cap N/A, Floor 1.120%) | 5.389(c) | &nbsp;&nbsp;04/20/34 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10005395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-16A, Class A1, 144A, 3 Month SOFR + 1.402% (Cap N/A, Floor 1.140%) | 5.681(c) | &nbsp;&nbsp;01/23/35 | &nbsp;&nbsp;4490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4499466 |
| ICG Euro CLO Ltd. (Cayman Islands),<br> Series 2020-01A, Class ARR, 144A, 3 Month SOFR + 1.100% (Cap N/A, Floor 1.100%) | 5.369(c) | &nbsp;&nbsp;01/20/35 | 35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34997662 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| ICG Rhinebeck CLO Ltd. (Cayman Islands),<br> Series 2021-04A, Class A1, 144A, 3 Month SOFR + 1.472% (Cap N/A, Floor 1.210%) | 5.754 %(c) | &nbsp;&nbsp;10/26/34 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp; $500364 |
| ICG US CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class A1R, 144A, 3 Month SOFR + 1.270% (Cap N/A, Floor 1.270%) | 5.550(c) | &nbsp;&nbsp;04/17/34 | &nbsp;&nbsp;2624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2627424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-R1A, Class A, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.702(c) | &nbsp;&nbsp;01/25/38 | &nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7523012 |
| Jamestown CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-14A, Class A1RR, 144A, 3 Month SOFR + 1.040% (Cap N/A, Floor 1.040%) | 5.309(c) | &nbsp;&nbsp;10/20/34 | 25250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25206456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-15A, Class A1R, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.626(c) | &nbsp;&nbsp;07/15/35 | &nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8003553 |
| Katayma CLO Ltd. (United Kingdom),<br> Series 2023-01A, Class A1, 144A, 3 Month SOFR + 2.000% (Cap N/A, Floor 2.000%) | 6.269(c) | &nbsp;&nbsp;10/20/36 | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4009700 |
| Kings Park CLO Ltd. (Cayman Islands),<br> Series 2021-01A, Class A, 144A, 3 Month SOFR + 1.392% (Cap N/A, Floor 1.392%) | 5.661(c) | &nbsp;&nbsp;01/21/35 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25043182 |
| KKR CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 16, Class A1R2, 144A, 3 Month SOFR + 1.472% (Cap N/A, Floor 1.210%) | 5.741(c) | &nbsp;&nbsp;10/20/34 | 17550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17558949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 17, Class AR, 144A, 3 Month SOFR + 1.342% (Cap N/A, Floor 1.080%) | 5.598(c) | &nbsp;&nbsp;04/15/34 | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 18, Class AR, 144A, 3 Month SOFR + 1.202% (Cap N/A, Floor 0.940%) | 5.471(c) | &nbsp;&nbsp;07/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-47A, Class A, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.697(c) | &nbsp;&nbsp;01/15/38 | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3506137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-54A, Class A, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.641(c) | &nbsp;&nbsp;01/15/38 | 17750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17741191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 33A, Class A, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.701(c) | &nbsp;&nbsp;07/20/34 | 12800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12832756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 36A, Class A, 144A, 3 Month SOFR + 1.442% (Cap N/A, Floor 1.180%) | 5.698(c) | &nbsp;&nbsp;10/15/34 | 17530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17578672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 49A, Class AR, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.649(c) | &nbsp;&nbsp;10/20/37 | &nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7514904 |
| LCM Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 31A, Class AR, 144A, 3 Month SOFR + 1.280% (Cap N/A, Floor 1.280%) | 5.549(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;7350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7347529 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| LCM Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 32A, Class A1, 144A, 3 Month SOFR + 1.372% (Cap N/A, Floor 1.110%) | 5.641 %(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;2100 | &nbsp;&nbsp; $2101832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 39A, Class A1R, 144A, 3 Month SOFR + 1.340% (Cap N/A, Floor 1.340%) | 5.596(c) | &nbsp;&nbsp;10/15/34 | 11200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11206497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 40A, Class A1R, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.626(c) | &nbsp;&nbsp;01/15/38 | 46000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46059800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 42A, Class A1, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.636(c) | &nbsp;&nbsp;01/15/38 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15026300 |
| Madison Park Funding Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-19A, Class AR3, 144A, 3 Month SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.872(c) | &nbsp;&nbsp;01/22/37 | 24090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24190583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-33A, Class AR, 144A, 3 Month SOFR + 1.290% (Cap N/A, Floor 1.290%) | 5.546(c) | &nbsp;&nbsp;10/15/32 | &nbsp;&nbsp;3562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3565342 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-34A, Class A1RR, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.631(c) | &nbsp;&nbsp;10/16/37 | 13000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13026312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-35A, Class A1R, 144A, 3 Month SOFR + 1.252% (Cap N/A, Floor 0.990%) | 5.521(c) | &nbsp;&nbsp;04/20/32 | 11114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11118481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-37A, Class AR2, 144A, 3 Month SOFR + 1.530% (Cap N/A, Floor 1.530%) | 5.786(c) | &nbsp;&nbsp;04/15/37 | &nbsp;&nbsp;9695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9738628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-45A, Class ARR, 144A, 3 Month SOFR + 1.080% (Cap N/A, Floor 1.080%) | 5.336(c) | &nbsp;&nbsp;07/15/34 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9995953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-38A, Class A, 144A, 3 Month SOFR + 1.382% (Cap N/A, Floor 1.382%) | 5.661(c) | &nbsp;&nbsp;07/17/34 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-59A, Class A1R, 144A, 3 Month SOFR + 1.500% (Cap N/A, Floor 1.500%) | 5.769(c) | &nbsp;&nbsp;04/18/37 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-57A, Class A1R, 144A, 3 Month SOFR + 1.280% (Cap N/A, Floor 1.280%) | 5.563(c) | &nbsp;&nbsp;07/27/34 | &nbsp;&nbsp;5480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5479344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-60A, Class A1R, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.652(c) | &nbsp;&nbsp;10/25/37 | 30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30057903 |
| Magnetite Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-17A, Class AR2, 144A, 3 Month SOFR + 1.500% (Cap N/A, Floor 1.500%) | 5.769(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-42A, Class A1, 144A, 3 Month SOFR + 1.310% (Cap N/A, Floor 1.310%) | 5.621(c) | &nbsp;&nbsp;01/25/38 | 48992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49041232 |
| Marathon CLO Ltd. (Cayman Islands),<br> Series 2020-15A, Class A1B, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.776(c) | &nbsp;&nbsp;08/15/37 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9985180 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Marble Point CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02A, Class A, 144A, 3 Month SOFR + 1.462% (Cap N/A, Floor 1.200%) | 5.743 %(c) | &nbsp;&nbsp;07/25/34 | &nbsp;&nbsp;6150 | &nbsp;&nbsp; $6151421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-03A, Class A1, 144A, 3 Month SOFR + 1.502% (Cap N/A, Floor 1.240%) | 5.781(c) | &nbsp;&nbsp;10/17/34 | &nbsp;&nbsp;9450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9464915 |
| Menlo CLO Ltd. (Cayman Islands),<br> Series 2024-01A, Class A1, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.689(c) | &nbsp;&nbsp;01/20/38 | 35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35082817 |
| MidOcean Credit CLO (Cayman Islands),<br> Series 2019-10A, Class A1RR, 144A, 3 Month SOFR + 1.310% (Cap N/A, Floor 1.310%) | 5.589(c) | &nbsp;&nbsp;10/23/34 | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4001608 |
| MidOcean Credit CLO Ltd. (United Kingdom),<br> Series 2023-12A, Class A1R, 144A, 3 Month SOFR + 1.340% (Cap N/A, Floor 1.340%) | 5.609(c) | &nbsp;&nbsp;04/18/36 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2003300 |
| Mountain View CLO LLC (Cayman Islands),<br> Series 2017-02A, Class AR, 144A, 3 Month SOFR + 1.302% (Cap N/A, Floor 0.000%) | 5.562(c) | &nbsp;&nbsp;01/16/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75339 |
| Mountain View CLO Ltd. (Cayman Islands),<br> Series 2022-01A, Class A1R, 144A, 3 Month SOFR + 1.460% (Cap N/A, Floor 1.460%) | 5.716(c) | &nbsp;&nbsp;04/15/34 | 13945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13944999 |
| MP CLO Ltd. (Cayman Islands),<br> Series 2015-02A, Class ARR, 144A, 3 Month SOFR + 1.462% (Cap N/A, Floor 1.200%) | 5.744(c) | &nbsp;&nbsp;04/28/34 | &nbsp;&nbsp;7135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7136543 |
| Nassau Ltd. (United Kingdom),<br> Series 2022-01A, Class A1R, 144A, 3 Month SOFR + 1.170% (Cap N/A, Floor 1.170%) | 5.426(c) | &nbsp;&nbsp;01/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309804 |
| Neuberger Berman Loan Advisers CLO Ltd. (Cayman<br> Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-24A, Class AR2, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.629(c) | &nbsp;&nbsp;10/19/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10010217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-33A, Class AR2, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.481(c) | &nbsp;&nbsp;04/16/39 | 40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40025696 |
| Neuberger Berman Loan Advisers CLO Ltd. (United Kingdom),<br> Series 2022-51A, Class AR, 144A, 3 Month SOFR + 1.280% (Cap N/A, Floor 1.280%) | 5.559(c) | &nbsp;&nbsp;10/23/36 | &nbsp;&nbsp;5790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5799264 |
| Northwoods Capital Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-15A, Class A1RR, 144A, 3 Month SOFR + 1.050% (Cap N/A, Floor 1.050%) | 5.355(c) | &nbsp;&nbsp;06/20/34 | 21270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21257021 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Northwoods Capital Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-11BA, Class A1R, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.719 %(c) | &nbsp;&nbsp;07/19/37 | &nbsp;&nbsp;3900 | &nbsp;&nbsp; $3894365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-12BA, Class AR, 144A, 3 Month SOFR + 1.190% (Cap N/A, Floor 1.190%) | 5.489(c) | &nbsp;&nbsp;06/15/31 | 10539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10538766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-14BA, Class AR, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 5.558(c) | &nbsp;&nbsp;11/13/31 | 14749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14772148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-22A, Class A2RR, 144A, 3 Month SOFR + 2.000% (Cap N/A, Floor 2.000%) | 6.299(c) | &nbsp;&nbsp;09/16/31 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1506580 |
| Oak Hill Credit Partners Ltd. (Cayman Islands),<br> Series 2014-10RA, Class AR2, 144A, 3 Month SOFR + 1.130% (Cap N/A, Floor 1.130%) | 5.399(c) | &nbsp;&nbsp;04/20/38 | 11350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11333454 |
| Oaktree CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-03A, Class A1R, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.636(c) | &nbsp;&nbsp;10/15/37 | 14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14013031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-25A, Class A, 144A, 3 Month SOFR + 1.550% (Cap N/A, Floor 1.550%) | 5.819(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;1810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1818131 |
| Ocean Trails CLO,<br> Series 2020-10A, Class AR2, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.556(c) | &nbsp;&nbsp;10/15/34 | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900049 |
| Ocean Trails CLO Ltd. (United Kingdom), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-12A, Class A1R, 144A, 3 Month SOFR + 1.330% (Cap N/A, Floor 1.330%) | 5.602(c) | &nbsp;&nbsp;07/20/35 | &nbsp;&nbsp;8170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8174335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-15A, Class A, 144A, 3 Month SOFR + 1.700% (Cap N/A, Floor 1.700%) | 5.956(c) | &nbsp;&nbsp;01/15/37 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3008219 |
| Ocean Trails CLO Ltd. (Cayman Islands),<br> Series 2024-16A, Class A1, 144A, 3 Month SOFR + 1.410% (Cap N/A, Floor 1.410%) | 5.679(c) | &nbsp;&nbsp;01/20/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10028601 |
| OCP CLO Ltd. (Cayman Islands),<br> Series 2020-08RA, Class AR, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 5.530(c) | &nbsp;&nbsp;10/17/36 | 39469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39471290 |
| Octagon Investment Partners Ltd. (Cayman Islands),<br> Series 2020-05A, Class AR, 144A, 3 Month SOFR + 1.520% (Cap N/A, Floor 1.520%) | 5.776(c) | &nbsp;&nbsp;04/15/37 | &nbsp;&nbsp;2505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2515830 |
| Octagon Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class A1, 144A, 3 Month SOFR + 1.402% (Cap N/A, Floor 1.140%) | 5.671(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6009813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class A1R, 144A | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;07/21/35 | 45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000000 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| OFSI BSL CLO Ltd. (Cayman Islands),<br> Series 2024-14A, Class A, 144A, 3 Month SOFR + 1.460% (Cap N/A, Floor 1.460%) | 5.729 %(c) | &nbsp;&nbsp;07/20/37 | 14900 | &nbsp;&nbsp; $14879919 |
| OFSI BSL Ltd. (Cayman Islands),<br> Series 2023-12A, Class A1R, 144A, 3 Month SOFR + 1.340% (Cap N/A, Floor 1.340%) | 5.609(c) | &nbsp;&nbsp;01/20/38 | 35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35090937 |
| OHA Credit Funding Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-03A, Class AR2, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.589(c) | &nbsp;&nbsp;01/20/38 | &nbsp;&nbsp;9570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9582709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-05A, Class AR, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.619(c) | &nbsp;&nbsp;10/18/37 | 21600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21686400 |
| OHA Credit Funding Ltd.,<br> Series 2020-07A, Class AR, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.569(c) | &nbsp;&nbsp;02/24/37 | &nbsp;&nbsp;1465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1469303 |
| OZLM Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-06A, Class A1T, 144A, 3 Month SOFR + 1.130% (Cap N/A, Floor 0.868%) | 5.410(c) | &nbsp;&nbsp;04/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-15A, Class A1RR, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.489(c) | &nbsp;&nbsp;04/20/33 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5005000 |
| Palmer Square CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-01A, Class A1A5, 144A, 3 Month SOFR + 1.050% (Cap N/A, Floor 1.050%) | 5.371(c) | &nbsp;&nbsp;05/21/34 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9994608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-03A, Class A1R, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.619(c) | &nbsp;&nbsp;07/20/37 | 12375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12385646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-01A, Class AR, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 5.519(c) | &nbsp;&nbsp;01/20/38 | &nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7107518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-02A, Class A1, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.669(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;2175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2178162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-03A, Class A, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.619(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5504271 |
| Park Avenue Institutional Advisers CLO Ltd. (Cayman<br> Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-01A, Class A1R, 144A, 3 Month SOFR + 1.502% (Cap N/A, Floor 1.240%) | 5.809(c) | &nbsp;&nbsp;02/14/34 | &nbsp;&nbsp;&nbsp;&nbsp;720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-01A, Class A1AR, 144A, 3 Month SOFR + 1.262% (Cap N/A, Floor 1.000%) | 5.531(c) | &nbsp;&nbsp;10/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108215 |
| Park Blue CLO Ltd. (Cayman Islands),<br> Series 2024-05A, Class A1, 144A, 3 Month SOFR + 1.480% (Cap N/A, Floor 1.480%) | 5.762(c) | &nbsp;&nbsp;07/25/37 | 20160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20189292 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Pikes Peak CLO (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-02A, Class ARR, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.489 %(c) | &nbsp;&nbsp;10/11/34 | &nbsp;&nbsp;2400 | &nbsp;&nbsp; $2402400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-18A, Class A1, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.508(c) | &nbsp;&nbsp;04/20/38 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24968103 |
| Pikes Peak CLO Ltd. (United Kingdom), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-12A, Class AR, 144A, 3 Month SOFR + 1.220% (Cap N/A, Floor 1.220%) | 5.489(c) | &nbsp;&nbsp;04/20/38 | 18700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18672008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-16A, Class A1, 144A, 3 Month SOFR + 1.460% (Cap N/A, Floor 1.460%) | 5.742(c) | &nbsp;&nbsp;07/25/37 | &nbsp;&nbsp;2725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2728068 |
| Polen Capital CLO Ltd. (Cayman Islands),<br> Series 2025-01A, Class A1, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.581(c) | &nbsp;&nbsp;03/06/38 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25043482 |
| PPM CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-02A, Class AR, 144A, 3 Month SOFR + 1.500% (Cap N/A, Floor 1.500%) | 5.761(c) | &nbsp;&nbsp;04/16/37 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-05A, Class A, 144A, 3 Month SOFR + 1.462% (Cap N/A, Floor 1.200%) | 5.731(c) | &nbsp;&nbsp;10/18/34 | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500905 |
| Rad CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-05A, Class AR, 144A, 3 Month SOFR + 1.382% (Cap N/A, Floor 1.120%) | 5.657(c) | &nbsp;&nbsp;07/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-07A, Class A1R, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.630(c) | &nbsp;&nbsp;04/17/36 | &nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6303146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-12A, Class A, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.711(c) | &nbsp;&nbsp;10/30/34 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3007625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-14A, Class A, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.688(c) | &nbsp;&nbsp;01/15/35 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-19A, Class A1R, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.773(c) | &nbsp;&nbsp;03/20/38 | 30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30024030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-23A, Class A1, 144A, 3 Month SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.869(c) | &nbsp;&nbsp;04/20/37 | 40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40143960 |
| Reese Park CLO Ltd. (Cayman Islands),<br> Series 2020-01A, Class ARR, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.576(c) | &nbsp;&nbsp;01/15/38 | 26300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26352576 |
| Regatta Funding Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-01A, Class A1R2, 144A, 3 Month SOFR + 1.412% (Cap N/A, Floor 1.150%) | 5.716(c) | &nbsp;&nbsp;06/20/34 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2004050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-01A, Class AR2, 144A, 3 Month SOFR + 1.422% (Cap N/A, Floor 1.160%) | 5.691(c) | &nbsp;&nbsp;04/20/34 | 15640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15671557 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Regatta Funding Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class ARR, 144A, 3 Month SOFR + 1.390% (Cap N/A, Floor 1.390%) | 5.646 %(c) | &nbsp;&nbsp;10/15/37 | 18000 | &nbsp;&nbsp; $18028201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-02A, Class A1R, 144A, 3 Month SOFR + 1.200% (Cap N/A, Floor 1.200%) | 5.456(c) | &nbsp;&nbsp;01/15/33 | &nbsp;&nbsp;7399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7390647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-04A, Class A1, 144A, 3 Month SOFR + 1.412% (Cap N/A, Floor 1.150%) | 5.681(c) | &nbsp;&nbsp;01/20/35 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-02A, Class AR, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 5.519(c) | &nbsp;&nbsp;07/20/35 | 14300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14318590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-02A, Class A1, 144A, 3 Month SOFR + 1.550% (Cap N/A, Floor 1.550%) | 5.832(c) | &nbsp;&nbsp;04/25/37 | 40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40178208 |
| Regatta Funding Ltd. (United Kingdom),<br> Series 2024-01A, Class A1, 144A, 3 Month SOFR + 1.530% (Cap N/A, Floor 1.530%) | 5.813(c) | &nbsp;&nbsp;04/26/37 | 26000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26115705 |
| Rockford Tower CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-03A, Class A, 144A, 3 Month SOFR + 1.452% (Cap N/A, Floor 0.000%) | 5.721(c) | &nbsp;&nbsp;10/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-02A, Class A, 144A, 3 Month SOFR + 1.422% (Cap N/A, Floor 1.160%) | 5.691(c) | &nbsp;&nbsp;10/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-01A, Class A1RR, 144A, 3 Month SOFR + 1.090% (Cap N/A, Floor 1.090%) | 5.359(c) | &nbsp;&nbsp;01/20/36 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class A1, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.701(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2456191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-03A, Class A1R, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.656(c) | &nbsp;&nbsp;01/15/38 | 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18010552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-03A, Class AR, 144A, 3 Month SOFR + 1.440% (Cap N/A, Floor 1.440%) | 5.709(c) | &nbsp;&nbsp;07/20/37 | 11250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11259464 |
| Rockford Tower CLO Ltd.,<br> Series 2017-02A, Class AR, 144A, 3 Month SOFR + 1.282% (Cap N/A, Floor 1.020%) | 5.538(c) | &nbsp;&nbsp;10/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36640 |
| Romark CLO Ltd. (Cayman Islands),<br> Series 2018-02A, Class A1R, 144A, 3 Month SOFR + 1.140% (Cap N/A, Floor 1.140%) | 5.422(c) | &nbsp;&nbsp;07/25/31 | &nbsp;&nbsp;1650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1650437 |
| Romark WM-R Ltd. (Cayman Islands),<br> Series 2018-01A, Class A1, 144A, 3 Month SOFR + 1.292% (Cap N/A, Floor 0.000%) | 5.561(c) | &nbsp;&nbsp;04/20/31 | &nbsp;&nbsp;1357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1358634 |
| RR Ltd. (Bermuda),<br> Series 2025-40A, Class A1, 144A | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;07/15/38 | 21800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21823871 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Sculptor CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 28A, Class AR, 144A, 3 Month SOFR + 1.060% (Cap N/A, Floor 1.060%) | 5.329 %(c) | &nbsp;&nbsp;01/20/35 | 25000 | &nbsp;&nbsp; $24986720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 35A, Class A1, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 5.556(c) | &nbsp;&nbsp;04/27/38 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14997912 |
| Shackleton CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-05RA, Class A, 144A, 3 Month SOFR + 1.362% (Cap N/A, Floor 0.262%) | 5.660(c) | &nbsp;&nbsp;05/07/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-11A, Class AR, 144A, 3 Month SOFR + 1.352% (Cap N/A, Floor 0.262%) | 5.678(c) | &nbsp;&nbsp;08/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10419 |
| Signal Peak CLO Ltd., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-04A, Class AR, 144A, 3 Month SOFR + 1.442% (Cap N/A, Floor 1.442%) | 5.724(c) | &nbsp;&nbsp;10/26/34 | 33950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33951521 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-05A, Class A1R, 144A, 3 Month SOFR + 1.550% (Cap N/A, Floor 1.550%) | 5.832(c) | &nbsp;&nbsp;04/25/37 | 11600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11644260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class A1R, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.689(c) | &nbsp;&nbsp;10/20/37 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5016222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-08A, Class A1R, 144A, 3 Month SOFR + 1.390% (Cap N/A, Floor 1.390%) | 5.659(c) | &nbsp;&nbsp;10/20/37 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25033357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-09A, Class A1R, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.629(c) | &nbsp;&nbsp;01/21/38 | &nbsp;&nbsp;5250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5253976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-10A, Class A1R, 144A, 3 Month SOFR + 1.190% (Cap N/A, Floor 1.190%) | 5.465(c) | &nbsp;&nbsp;01/24/38 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14977500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-14A, Class A, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.590(c) | &nbsp;&nbsp;01/22/38 | 29000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000000 |
| Silver Rock CLO (Cayman Islands),<br> Series 2023-03A, Class A1, 144A, 3 Month SOFR + 1.880% (Cap N/A, Floor 1.880%) | 6.152(c) | &nbsp;&nbsp;01/20/36 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2008986 |
| Silver Rock CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-01A, Class A1RR, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.689(c) | &nbsp;&nbsp;10/20/37 | &nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6004817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02A, Class AR, 144A, 3 Month SOFR + 1.040% (Cap N/A, Floor 1.040%) | 5.309(c) | &nbsp;&nbsp;01/20/35 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19970980 |
| Sixth Street CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-08A, Class A1R2, 144A, 3 Month SOFR + 1.150% (Cap N/A, Floor 1.150%) | 5.419(c) | &nbsp;&nbsp;10/20/34 | 16800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16824204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-17A, Class A2R, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.730(c) | &nbsp;&nbsp;04/17/38 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998198 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Sound Point CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-01A, Class A1R, 144A, 3 Month SOFR + 1.332% (Cap N/A, Floor 1.332%) | 5.614 %(c) | &nbsp;&nbsp;01/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;522 | &nbsp;&nbsp; $522629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-03A, Class A1AR, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.583(c) | &nbsp;&nbsp;10/26/31 | &nbsp;&nbsp;4362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4371436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class ARR, 144A, 3 Month SOFR + 1.030% (Cap N/A, Floor 1.030%) | 5.299(c) | &nbsp;&nbsp;01/20/32 | &nbsp;&nbsp;6411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6411423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-02A, Class AR, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.688(c) | &nbsp;&nbsp;07/15/34 | &nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2249514 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-03A, Class A1R, 144A, 3 Month SOFR + 1.280% (Cap N/A, Floor 1.280%) | 5.562(c) | &nbsp;&nbsp;01/25/32 | &nbsp;&nbsp;6117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6122476 |
| Strata CLO Ltd. (Cayman Islands),<br> Series 2021-01A, Class AR, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.649(c) | &nbsp;&nbsp;10/20/33 | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3504513 |
| Symphony CLO Ltd. (United Kingdom),<br> Series 2022-35A, Class AR, 144A, 3 Month SOFR + 1.700% (Cap N/A, Floor 1.700%) | 5.975(c) | &nbsp;&nbsp;10/24/36 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5013716 |
| Symphony CLO Ltd. (Cayman Islands),<br> Series 2018-19A, Class A, 144A, 3 Month SOFR + 1.222% (Cap N/A, Floor 0.960%) | 5.482(c) | &nbsp;&nbsp;04/16/31 | &nbsp;&nbsp;3813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3818768 |
| TCW CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-02A, Class A1R2, 144A, 3 Month SOFR + 1.270% (Cap N/A, Floor 1.270%) | 5.587(c) | &nbsp;&nbsp;01/20/38 | 16700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16666645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class A1R1, 144A, 3 Month SOFR + 1.360% (Cap N/A, Floor 1.360%) | 5.629(c) | &nbsp;&nbsp;01/20/38 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9995000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-02A, Class AS, 144A, 3 Month SOFR + 1.442% (Cap N/A, Floor 1.180%) | 5.723(c) | &nbsp;&nbsp;07/25/34 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002822 |
| THL Credit Wind River CLO Ltd. (Cayman Islands),<br> Series 2018-02A, Class A1R, 144A, 3 Month SOFR + 1.200% (Cap N/A, Floor 1.200%) | 5.456(c) | &nbsp;&nbsp;07/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950277 |
| TIAA CLO Ltd. (Cayman Islands),<br> Series 2018-01A, Class A1AR, 144A, 3 Month SOFR + 1.140% (Cap N/A, Floor 1.140%) | 5.409(c) | &nbsp;&nbsp;01/20/32 | &nbsp;&nbsp;3746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3745940 |
| TICP CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-07A, Class ASR2, 144A, 3 Month SOFR + 1.300% (Cap N/A, Floor 1.300%) | 5.556(c) | &nbsp;&nbsp;04/15/33 | &nbsp;&nbsp;9250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9260874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-12A, Class AR, 144A, 3 Month SOFR + 1.432% (Cap N/A, Floor 1.170%) | 5.688(c) | &nbsp;&nbsp;07/15/34 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2506365 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Tikehau US CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class A1, 144A, 3 Month SOFR + 1.482% (Cap N/A, Floor 1.220%) | 5.751 %(c) | &nbsp;&nbsp;01/18/35 | &nbsp;&nbsp;3500 | &nbsp;&nbsp; $3502905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class A1R, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.649(c) | &nbsp;&nbsp;01/20/38 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25044882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-02A, Class A1R, 144A, 3 Month SOFR + 1.870% (Cap N/A, Floor 1.870%) | 6.139(c) | &nbsp;&nbsp;01/20/36 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1506747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-01A, Class A1, 144A, 3 Month SOFR + 2.200% (Cap N/A, Floor 2.200%) | 6.456(c) | &nbsp;&nbsp;07/15/34 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-02A, Class A1, 144A, 3 Month SOFR + 1.950% (Cap N/A, Floor 1.950%) | 6.206(c) | &nbsp;&nbsp;01/15/36 | &nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1757805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-01A, Class A1, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.719(c) | &nbsp;&nbsp;07/18/37 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3003369 |
| Trimaran CAVU Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-01A, Class AR, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.699(c) | &nbsp;&nbsp;07/23/37 | &nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6519756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class AR, 144A, 3 Month SOFR + 1.400% (Cap N/A, Floor 1.400%) | 5.672(c) | &nbsp;&nbsp;10/22/37 | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5014624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-01A, Class A, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.638(c) | &nbsp;&nbsp;01/25/38 | 14700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14714609 |
| Trimaran CAVU Ltd.,<br> Series 2019-01A, Class A1R, 144A, 3 Month SOFR + 1.190% (Cap N/A, Floor 1.190%) | 5.459(c) | &nbsp;&nbsp;01/20/37 | 19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19009500 |
| Trinitas CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-06A, Class ARRR, 144A, 3 Month SOFR + 1.330% (Cap N/A, Floor 1.330%) | 5.612(c) | &nbsp;&nbsp;01/25/34 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25003353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-10A, Class AR, 144A, 3 Month SOFR + 1.380% (Cap N/A, Floor 1.380%) | 5.636(c) | &nbsp;&nbsp;01/15/35 | &nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4493791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-11A, Class A1RR, 144A, 3 Month SOFR + 1.190% (Cap N/A, Floor 1.190%) | 5.446(c) | &nbsp;&nbsp;07/15/34 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9994017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-16A, Class A1, 144A, 3 Month SOFR + 1.442% (Cap N/A, Floor 1.180%) | 5.711(c) | &nbsp;&nbsp;07/20/34 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-22A, Class A1, 144A, 3 Month SOFR + 1.850% (Cap N/A, Floor 1.850%) | 6.122(c) | &nbsp;&nbsp;07/20/36 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2004130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-26A, Class A1, 144A, 3 Month SOFR + 1.690% (Cap N/A, Floor 1.690%) | 5.959(c) | &nbsp;&nbsp;01/20/35 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 |
| Venture CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-19A, Class ARR, 144A, 3 Month SOFR + 1.522% (Cap N/A, Floor 1.260%) | 5.778(c) | &nbsp;&nbsp;01/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305220 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Venture CLO Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-28AA, Class A1RR, 144A, 3 Month SOFR + 1.110% (Cap N/A, Floor 1.110%) | 5.379 %(c) | &nbsp;&nbsp;10/20/34 | 10000 | &nbsp;&nbsp; $10001085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-37A, Class A1RR, 144A, 3 Month SOFR + 1.250% (Cap N/A, Floor 1.250%) | 5.506(c) | &nbsp;&nbsp;07/15/32 | &nbsp;&nbsp;2193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2197391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-42A, Class A1A, 144A, 3 Month SOFR + 1.392% (Cap N/A, Floor 1.130%) | 5.648(c) | &nbsp;&nbsp;04/15/34 | &nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7643219 |
| Venture CLO Ltd. (United Kingdom),<br> Series 2022-46A, Class A1R, 144A, 3 Month SOFR + 1.450% (Cap N/A, Floor 1.450%) | 5.719(c) | &nbsp;&nbsp;10/20/37 | 11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11016490 |
| Voya CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-02A, Class A1R, 144A, 3 Month SOFR + 1.232% (Cap N/A, Floor 0.970%) | 5.513(c) | &nbsp;&nbsp;04/25/31 | &nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1288986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-02A, Class A1, 144A, 3 Month SOFR + 1.262% (Cap N/A, Floor 1.000%) | 5.518(c) | &nbsp;&nbsp;07/15/31 | &nbsp;&nbsp;3843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3846163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class A1RR, 144A, 3 Month SOFR + 1.370% (Cap N/A, Floor 1.370%) | 5.626(c) | &nbsp;&nbsp;10/15/37 | &nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8510442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-03A, Class AR, 144A, 3 Month SOFR + 1.342% (Cap N/A, Floor 1.080%) | 5.621(c) | &nbsp;&nbsp;10/17/32 | &nbsp;&nbsp;9780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9812097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-04A, Class A1, 144A, 3 Month SOFR + 1.350% (Cap N/A, Floor 1.350%) | 5.619(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9006935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-01A, Class A1, 144A, 3 Month SOFR + 1.130% (Cap N/A, Floor 1.130%) | 5.399(c) | &nbsp;&nbsp;04/20/38 | 16000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15976043 |
| Warwick Capital CLO Ltd. (United Kingdom),<br> Series 2023-02A, Class A1, 144A, 3 Month SOFR + 1.950% (Cap N/A, Floor 1.950%) | 6.206(c) | &nbsp;&nbsp;01/15/37 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1506730 |
| Wellfleet CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-01A, Class A1AR, 144A, 3 Month SOFR + 1.200% (Cap N/A, Floor 1.200%) | 5.456(c) | &nbsp;&nbsp;04/15/33 | 16250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16242881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-02A, Class AR, 144A, 3 Month SOFR + 1.482% (Cap N/A, Floor 1.220%) | 5.738(c) | &nbsp;&nbsp;07/15/34 | &nbsp;&nbsp;3340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3342477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-04A, Class A1, 144A, 3 Month SOFR + 1.582% (Cap N/A, Floor 1.320%) | 5.863(c) | &nbsp;&nbsp;04/25/34 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3009369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-01A, Class A1RN, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.676(c) | &nbsp;&nbsp;07/15/37 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20015000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-02A, Class AR, 144A, 3 Month SOFR + 1.420% (Cap N/A, Floor 1.420%) | 5.689(c) | &nbsp;&nbsp;10/18/37 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10008675 |
| Whitebox CLO Ltd. (Cayman Islands), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-01A, Class A1RR, 144A, 3 Month SOFR + 1.320% (Cap N/A, Floor 1.320%) | 5.595(c) | &nbsp;&nbsp;07/24/36 | 20378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20387108 |

---

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** | **Asset-Backed Securities (Continued)** |
| **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** | **Collateralized Loan Obligations (cont'd.)** |
| Whitebox CLO Ltd. (Cayman Islands), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-03A, Class A1R, 144A, 3 Month SOFR + 1.270% (Cap N/A, Floor 1.270%) | 5.526 %(c) | &nbsp;&nbsp;10/15/35 | 10920 | &nbsp;&nbsp; $10935288 |
| Wind River CLO Ltd. (Cayman Islands),<br> Series 2024-01A, Class A, 144A, 3 Month SOFR + 1.600% (Cap N/A, Floor 1.600%) | 5.869(c) | &nbsp;&nbsp;04/20/37 | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3012566 |
| Z Capital Credit Partners BSL CLO Ltd. (Cayman Islands),<br> Series 2024-01A, Class A, 144A, 3 Month SOFR + 1.950% (Cap N/A, Floor 1.950%) | 6.211(c) | &nbsp;&nbsp;04/16/36 | &nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3264493 |
| **Total Long-Term Investments<br> (cost $3,242,776,671)** | **Total Long-Term Investments<br> (cost $3,242,776,671)** | **Total Long-Term Investments<br> (cost $3,242,776,671)** | **Total Long-Term Investments<br> (cost $3,242,776,671)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3244277831 |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** |  |
| **Short-Term Investment 4.9%** | **Short-Term Investment 4.9%** | **Short-Term Investment 4.9%** |
| **Affiliated Mutual Fund** |  |  |
| PGIM Core Government Money Market Fund (7-day effective yield 4.462%)<br> (cost $164,564,559)(wb) | &nbsp;&nbsp;164564559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164564559 |
| **TOTAL INVESTMENTS 102.4%<br> (cost $3,407,341,230)** | **TOTAL INVESTMENTS 102.4%<br> (cost $3,407,341,230)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3408842390 |
| Liabilities in excess of other assets (2.4)% | Liabilities in excess of other assets (2.4)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81115858) |
| **Net Assets 100.0%** | **Net Assets 100.0%** | $3327726532 |

---

------

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:

---

| |
|:---|
| 144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. |
| CLO—Collateralized Loan Obligation |
| N/A—Not Applicable |
| SOFR—Secured Overnight Financing Rate |

---

# Principal amount is shown in U.S. dollars unless otherwise stated.

(c) Variable rate instrument. The interest rate shown reflects the rate in effect at May 31, 2025.

(p) Represents a security with a delayed settlement and therefore the interest rate is not available until settlement which is after the period end.

(wb) Represents an investment in a Fund affiliated with the Manager.

------

### PGIM AAA CLO ETF

### Schedule of Investments (unaudited) (continued)
as of May 31, 2025

Other information regarding the Fund is available in the Fund's most recent Report to Shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PGIM ETF Trust

- **b. Investment Company Act file number:** 811-23324

- **c. CIK number of Registrant:** 0001727074

- **d. LEI of Registrant:** 549300OXS91LYTDQF355

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

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 888-247-8090

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

- **a. Name of Series:** PGIM AAA CLO ETF

- **b. EDGAR series identifier (if any):** S000080947

- **c. LEI of Series:** 5493000IJ4TGDWNHKI54

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3434170237.34

**Total Liabilities:** $107239686.72

**Net Assets:** $3326930550.62

**Delayed Delivery Securities:** $61700000.00

**Cash Not Reported:** $477949.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 44.89701000 | **1-Year:** 150712.38181000 | **5-Year:** 1221668.88070000 | **10-Year:** 28599.93898000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 1064.88527000 | **5-Year:** 25049.88391000 | **10-Year:** 7212.05242000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243576 | 0.12%                | 0.32%                | 0.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-857354.28              | $-8138952.09                               |
| Month 2  | $-1860640.92             | $-1713062.07                               |
| Month 3  | $-47078.55               | $8518947.39                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sculptor CLO Ltd                                 | Sculptor CLO XXVIII Ltd                           | CUSIP: 81124LAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25000000 | PA      | $24986720.00  | 0.75%             | 2035-01-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Katayma CLO Ltd                                  | Katayma CLO I Ltd                                 | CUSIP: 48585JAA8<br>LEI: 254900I6JJYMZNFX8987 | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $4009700.00   | 0.12%             | 2036-10-20      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                                      | RAD CLO 23 Ltd                                    | CUSIP: 75009CAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  40000000 | PA      | $40143960.00  | 1.21%             | 2037-04-20      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                  | OHA Credit Funding 7 Ltd                          | CUSIP: 67098WAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1465000 | PA      | $1469302.85   | 0.04%             | 2037-02-24      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                       | Atlas Senior Loan Fund XVII Ltd                   | CUSIP: 04942FAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  40000000 | PA      | $39972224.00  | 1.20%             | 2034-10-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                               | THL Credit Wind River 2018-2 Clo Ltd              | CUSIP: 97317EAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    950175 | PA      | $950277.16    | 0.03%             | 2030-07-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                   | Barings CLO Ltd 2021-II                           | CUSIP: 06762JAA1<br>LEI: 549300ZI2PPUCDLS2Y70 | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $15027982.50  | 0.45%             | 2034-07-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Crown City CLO I                                 | Crown City CLO I                                  | CUSIP: 22823RAJ8<br>LEI: 549300K60T4GC7BSX929 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250142.23    | 0.01%             | 2034-07-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture 28A Clo Ltd                               | CUSIP: 92331DBJ6<br>LEI: 549300NQLVRN86RJ6081 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10001085.00  | 0.30%             | 2034-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2022-3 Ltd                     | CUSIP: 77341XAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11250000 | PA      | $11259463.50  | 0.34%             | 2037-07-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Silver Rock CLO Ltd                              | Silver Rock CLO II Ltd                            | CUSIP: 82812LAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  20000000 | PA      | $19970980.00  | 0.60%             | 2035-01-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                              | LCM 31 Ltd                                        | CUSIP: 50201QAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7350000 | PA      | $7347528.93   | 0.22%             | 2034-07-20      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                           | Canyon Capital CLO 2022-1 Ltd                     | CUSIP: 13877JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5009181.00   | 0.15%             | 2035-04-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                                    | Ballyrock CLO 14 Ltd                              | CUSIP: 05874XAL3<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3506258.35   | 0.11%             | 2037-07-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                   | Benefit Street Partners CLO XXIII Ltd             | CUSIP: 08186VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2504037.25   | 0.08%             | 2034-04-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | Cifc Funding 2023-III Ltd                         | CUSIP: 12598YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1104568.52   | 0.03%             | 2037-01-20      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Shackleton CLO LTD                               | Shackleton 2014-V-R CLO Ltd                       | CUSIP: 81881JAC6<br>LEI: 549300OM5GJJFIKCOZ48 | Long             | ABS-CBDO         | CORP              | KY        |     62095 | PA      | $62192.13     | 0.00%             | 2031-05-07      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR CLO 49 Ltd                                    | CUSIP: 481939AR7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7514904.00   | 0.23%             | 2037-10-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                   | Bain Capital Credit CLO 2020-4 Ltd                | CUSIP: 05684KAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  25000000 | PA      | $25092702.50  | 0.75%             | 2036-10-20      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| MP Clo VIII, LTD                                 | MP CLO VIII Ltd                                   | CUSIP: 62481WAL1<br>LEI: 549300D60LKSR31DKI65 | Long             | ABS-CBDO         | CORP              | KY        |   7135000 | PA      | $7136542.59   | 0.21%             | 2034-04-28      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                                | Park Blue Clo 2024-V Ltd                          | CUSIP: 70019CAA3<br>LEI: 213800H9UFJ6SS8AMF70 | Long             | ABS-CBDO         | CORP              | KY        |  20160000 | PA      | $20189292.48  | 0.61%             | 2037-07-25      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                             | BlueMountain CLO XXX Ltd                          | CUSIP: 09630QAL5<br>LEI: 5493002GUQ80FGGGNP40 | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $599101.44    | 0.02%             | 2035-04-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                                 | Empower CLO 2024-1 Ltd                            | CUSIP: 29244RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16250000 | PA      | $16310084.38  | 0.49%             | 2037-04-25      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                               | Tikehau US CLO V Ltd                              | CUSIP: 88675YAA2<br>LEI: 254900B2V9LYKTKKHF52 | Long             | ABS-CBDO         | CORP              | BM        |   1750000 | PA      | $1757805.35   | 0.05%             | 2036-01-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | CARLYLE US CLO 2021-3S LTD                        | CUSIP: 14315DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16800000 | PA      | $16821483.84  | 0.51%             | 2034-04-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2018-I Ltd                           | CUSIP: 17181NAC8<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |  11890000 | PA      | $11901890.00  | 0.36%             | 2038-01-18      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                               | Tikehau US CLO I Ltd                              | CUSIP: 88675SAA5<br>LEI: 254900EJZB0M481N4R06 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3502904.65   | 0.11%             | 2035-01-18      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                   | Bain Capital Credit CLO 2019-1                    | CUSIP: 05683VBA1<br>LEI: 549300B0VI605XM3L529 | Long             | ABS-CBDO         | CORP              | KY        |  13770000 | PA      | $13776885.00  | 0.41%             | 2034-04-19      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Crown City CLO                                   | Crown City CLO III                                | CUSIP: 22824DAC3<br>LEI: 5493000O0QFX9SMPY639 | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6000388.20   | 0.18%             | 2034-07-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2019-3 Ltd                               | CUSIP: 92918FAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9780470 | PA      | $9812096.63   | 0.29%             | 2032-10-17      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                               | Tikehau US CLO III Ltd                            | CUSIP: 88676NAQ0<br>LEI: 549300W9XQOIYX4MC726 | Long             | ABS-CBDO         | CORP              | BM        |   1500000 | PA      | $1506747.00   | 0.05%             | 2036-01-20      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion Clo XVI Ltd                             | CUSIP: 07133MAQ9<br>LEI: 549300QOOT46OWR6Z544 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10025807.00  | 0.30%             | 2038-01-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                              | MidOcean Credit CLO X                             | CUSIP: 59803ABG6<br>LEI: 549300N3ZTBJCCPR2038 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4001607.60   | 0.12%             | 2034-10-23      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Kings Park CLO Ltd                               | Kings Park CLO Ltd                                | CUSIP: 496094AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25000000 | PA      | $25043182.50  | 0.75%             | 2035-01-21      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                               | Tikehau US CLO VI Ltd                             | CUSIP: 88676PAA0<br>LEI: 254900G2SWUGII8WH893 | Long             | ABS-CBDO         | CORP              | BM        |   3000000 | PA      | $3003368.70   | 0.09%             | 2037-07-18      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Barrow Hanley CLO LTD                            | Barrow Hanley CLO III Ltd                         | CUSIP: 06875VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003955.70   | 0.03%             | 2037-04-20      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Strata CLO, Ltd                                  | Strata CLO II Ltd                                 | CUSIP: 86271PAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3504512.90   | 0.11%             | 2033-10-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                              | Sound Point CLO XXVIII Ltd                        | CUSIP: 83615CAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6116671 | PA      | $6122475.60   | 0.18%             | 2032-01-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                             | BlueMountain CLO XXIV Ltd                         | CUSIP: 09609NAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  42175000 | PA      | $42261526.23  | 1.27%             | 2034-04-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO XXII Ltd                             | CUSIP: 89640HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   2000000 | PA      | $2004130.20   | 0.06%             | 2036-07-20      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                        | Anchorage Capital CLO 26 Ltd                      | CUSIP: 03331TAN0<br>LEI: 5493004K3H2URWHGJT03 | Long             | ABS-CBDO         | CORP              | KY        |  20000000 | PA      | $20021900.00  | 0.60%             | 2038-03-19      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                           | Northwoods Capital XII-B Ltd                      | CUSIP: 66858CAN7<br>LEI: 549300R06FSYRU75ZW78 | Long             | ABS-CBDO         | CORP              | KY        |  10538754 | PA      | $10538766.21  | 0.32%             | 2031-06-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                           | Northwoods Capital 22 Ltd                         | CUSIP: 66858HBA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1506580.20   | 0.05%             | 2031-09-16      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion CLO XXIII Ltd                           | CUSIP: 07135LAL0<br>LEI: 54930050XKM90CCQIQ92 | Long             | ABS-CBDO         | CORP              | KY        |   6500000 | PA      | $6520913.75   | 0.20%             | 2037-10-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| AGLCLOLtd.                                       | AGLCLO24Ltd                                       | CUSIP: 00119AAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  19600000 | PA      | $19644280.32  | 0.59%             | 2038-03-31      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2019-V Ltd                           | CUSIP: 12554XAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1803899.52   | 0.05%             | 2035-01-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                      | Columbia Cent CLO 32 Ltd                          | CUSIP: 19737TBA3<br>LEI: 549300NBGVSLUALOY827 | Long             | ABS-CBDO         | CORP              | KY        |   4880000 | PA      | $4881120.45   | 0.15%             | 2034-07-24      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                              | SOUND POINT CLO XXII LTD                          | CUSIP: 83611KAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6410835 | PA      | $6411422.79   | 0.19%             | 2032-01-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                                 | Empower CLO 2022-1 Ltd                            | CUSIP: 29246AAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  21000000 | PA      | $21049255.50  | 0.63%             | 2037-10-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| CQS US CLO Ltd                                   | CQS US CLO 2023-3 Ltd                             | CUSIP: 223929AA8<br>LEI: 254900OIQPM0JE7KVZ52 | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2511152.00   | 0.08%             | 2037-01-25      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                  | Oak Hill Credit Partners X-R Ltd                  | CUSIP: 67707CBC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11350000 | PA      | $11333453.97  | 0.34%             | 2038-04-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR Clo 16 Ltd                                    | CUSIP: 48251BAW0<br>LEI: 254900VCKMCY079T6M57 | Long             | ABS-CBDO         | CORP              | KY        |  17550000 | PA      | $17558948.75  | 0.53%             | 2034-10-20      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 20 Ltd                               | Elmwood CLO 20 Ltd                                | CUSIP: 29002AAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  20000000 | PA      | $20064680.00  | 0.60%             | 2037-01-17      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                                | Generate CLO 4 Ltd                                | CUSIP: 37148BAC4<br>LEI: 549300HNXZUJB12SQJ60 | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8025301.60   | 0.24%             | 2037-07-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                              | Sound Point CLO II Ltd                            | CUSIP: 83608GAN6<br>LEI: 549300Q00FJ0WHHYC788 | Long             | ABS-CBDO         | CORP              | KY        |    521862 | PA      | $522629.33    | 0.02%             | 2031-01-26      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| OFSI Fund LTD                                    | OFSI BSL XIV CLO Ltd                              | CUSIP: 67119GAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  14900000 | PA      | $14879919.27  | 0.45%             | 2037-07-20      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                        | Anchorage Capital CLO 7 Ltd                       | CUSIP: 03328TBS3<br>LEI: 54930014PVHLSZJQK139 | Long             | ABS-CBDO         | CORP              | KY        |  11095000 | PA      | $11138116.28  | 0.33%             | 2037-04-28      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                | Magnetite XVII Ltd                                | CUSIP: 55954EAY5<br>LEI: 5493003SVWF9GG13MZ22 | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1305432.57   | 0.04%             | 2037-04-20      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                              | LCM 39 Ltd                                        | CUSIP: 50204NAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  11200000 | PA      | $11206497.12  | 0.34%             | 2034-10-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                                   | Pikes Peak Clo 12 Ltd                             | CUSIP: 72133LAM4<br>LEI: 21380087HZCMQFA48I12 | Long             | ABS-CBDO         | CORP              | JE        |  18700000 | PA      | $18672007.97  | 0.56%             | 2038-04-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| AGL CLO 5 Ltd                                    | AGL CLO 5 Ltd                                     | CUSIP: 00119TAR5<br>LEI: 549300N06ILVP775P131 | Long             | ABS-CBDO         | CORP              | KY        |  18250000 | PA      | $18245884.63  | 0.55%             | 2034-07-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO III Ltd                              | Elmwood CLO III Ltd                               | CUSIP: 29002HAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  27800000 | PA      | $27828870.30  | 0.84%             | 2037-07-18      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                           | Canyon Capital CLO 2019-1 Ltd                     | CUSIP: 13887TAU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5003491.00   | 0.15%             | 2037-07-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 5 Ltd                             | CUSIP: 82666VAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11600000 | PA      | $11644259.80  | 0.35%             | 2037-04-25      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                            | Sixth Street CLO VIII Ltd                         | CUSIP: 83012VAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16800000 | PA      | $16824203.76  | 0.51%             | 2034-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture XIX CLO Ltd                               | CUSIP: 92330EAP2<br>LEI: 549300KIDQKDB48YU144 | Long             | ABS-CBDO         | CORP              | KY        |    304395 | PA      | $305220.30    | 0.01%             | 2032-01-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2021-3 Ltd                     | CUSIP: 77341NAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  18000000 | PA      | $18010551.60  | 0.54%             | 2038-01-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                          | HPS Loan Management 2021-16 Ltd                   | CUSIP: 40440XAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4490000 | PA      | $4499465.82   | 0.14%             | 2035-01-23      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXV Ltd                     | CUSIP: 55819MAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11113514 | PA      | $11118481.44  | 0.33%             | 2032-04-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                     | AGL CLO 22 Ltd                                    | CUSIP: 00118XAS5<br>LEI: 54930001FXLJVDHJU506 | Long             | ABS-CBDO         | CORP              | JE        |  15000000 | PA      | $14985388.50  | 0.45%             | 2037-01-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding LIX Ltd                      | CUSIP: 55822EAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1502607.60   | 0.05%             | 2037-04-18      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                                   | Apidos CLO XVIII-R                                | CUSIP: 03767NAW6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8450000 | PA      | $8463733.79   | 0.25%             | 2038-01-22      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO I Ltd                               | Whitebox Clo I Ltd                                | CUSIP: 96467FAU4<br>LEI: 549300E4AC0513DYO913 | Long             | ABS-CBDO         | CORP              | KY        |  20377773 | PA      | $20387108.06  | 0.61%             | 2036-07-24      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                     | AGL CLO 21 Ltd                                    | CUSIP: 00119FAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  25000000 | PA      | $25024012.50  | 0.75%             | 2037-10-21      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                              | LCM 40 Ltd                                        | CUSIP: 50190KAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  46000000 | PA      | $46059800.00  | 1.38%             | 2038-01-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Jamestown CLO Ltd                                | Jamestown CLO XV Ltd                              | CUSIP: 47050EAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8003552.80   | 0.24%             | 2035-07-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                               | Tikehau US CLO II Ltd                             | CUSIP: 88676LAU5<br>LEI: 254900I3YTWHVZHM1B33 | Long             | ABS-CBDO         | CORP              | BM        |  25000000 | PA      | $25044882.50  | 0.75%             | 2038-01-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                   | Bain Capital Credit CLO 2024-3 Ltd                | CUSIP: 05685QAA1<br>LEI: 254900SOM2S14IE3BZ76 | Long             | ABS-CBDO         | CORP              | KY        |   6400000 | PA      | $6408765.44   | 0.19%             | 2037-07-16      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR CLO 47 Ltd                                    | CUSIP: 48190DAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3506136.90   | 0.11%             | 2038-01-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | CARLYLE US CLO 2021-6 LTD                         | CUSIP: 143133AN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8008800.00   | 0.24%             | 2038-01-15      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR CLO 36 Ltd                                    | CUSIP: 48255AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17530000 | PA      | $17578672.05  | 0.53%             | 2034-10-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO III Ltd                             | Whitebox CLO III Ltd                              | CUSIP: 96467HAL0<br>LEI: 549300JXCQSPB1A61C68 | Long             | ABS-CBDO         | CORP              | KY        |  10920000 | PA      | $10935288.00  | 0.33%             | 2035-10-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 14 Ltd                            | CUSIP: 82667FAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  29000000 | PA      | $29000000.00  | 0.87%             | 2038-01-22      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                     | AGL CLO 23 Ltd                                    | CUSIP: 00119EAN7<br>LEI: 54930001FYWQPYWEPQ30 | Long             | ABS-CBDO         | CORP              | JE        |  19600000 | PA      | $19560800.00  | 0.59%             | 2038-04-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                  | OHA Credit Funding 5 Ltd                          | CUSIP: 67113GAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  21600000 | PA      | $21686400.00  | 0.65%             | 2037-10-18      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Capital Four US CLO                              | Capital Four US CLO I Ltd                         | CUSIP: 14016TAA7<br>LEI: 549300NMXY8VXHO96C52 | Long             | ABS-CBDO         | CORP              | KY        |   2753000 | PA      | $2754559.85   | 0.08%             | 2035-01-18      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Aimco                                            | AIMCO CLO 16 Ltd                                  | CUSIP: 00901FAJ5<br>LEI: 254900Q0PCRO7XC6LM21 | Long             | ABS-CBDO         | CORP              | KY        |   5185000 | PA      | $5192391.22   | 0.16%             | 2037-07-17      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | Carlyle Global Market Strategies CLO 2015-4 Ltd   | CUSIP: 14311NAU8<br>LEI: 549300Q4PPEXLDSOKL32 | Long             | ABS-CBDO         | CORP              | KY        |   6438429 | PA      | $6438519.76   | 0.19%             | 2032-07-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Shackleton CLO LTD                               | Shackleton 2017-XI Clo Ltd                        | CUSIP: 81883EAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     10414 | PA      | $10419.46     | 0.00%             | 2030-08-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Aimco                                            | AIMCO CLO 18 Ltd                                  | CUSIP: 00889EBA2<br>LEI: 2549005IX0D6XDJNNS95 | Long             | ABS-CBDO         | CORP              | JE        |  15000000 | PA      | $15013288.50  | 0.45%             | 2037-07-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| RadCLOLtd                                        | RadCLO19Ltd                                       | CUSIP: 750104AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  30000000 | PA      | $30024030.00  | 0.90%             | 2038-03-20      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | Carlyle US CLO 2022-3 Ltd                         | CUSIP: 143111AL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3515594.25   | 0.11%             | 2037-04-20      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                   | Bain Capital Credit CLO 2021-4 Ltd                | CUSIP: 05685AAQ1<br>LEI: 254900YJBP8866ZPO033 | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5515457.75   | 0.17%             | 2034-10-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 7 Ltd                             | CUSIP: 82671EAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5016221.50   | 0.15%             | 2037-10-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                                      | Rad CLO 14 Ltd                                    | CUSIP: 75009RAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504027.95   | 0.05%             | 2035-01-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Carlyle C17 CLO                                  | Carlyle C17 CLO Ltd                               | CUSIP: 14307PAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7856412 | PA      | $7860905.95   | 0.24%             | 2031-04-30      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                           | Northwoods Capital XV Ltd                         | CUSIP: 66860GAU8<br>LEI: 549300YIKFTAGHX8G333 | Long             | ABS-CBDO         | CORP              | KY        |  21270000 | PA      | $21257021.05  | 0.64%             | 2034-06-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                   | Benefit Street Partners Clo XXXVII Ltd            | CUSIP: 08182TAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  18500000 | PA      | $18518784.90  | 0.56%             | 2038-01-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                                | Generate CLO 7 Ltd                                | CUSIP: 37149LAL1<br>LEI: 25490036G9JNQQPHIX69 | Long             | ABS-CBDO         | CORP              | KY        |   2685000 | PA      | $2696930.53   | 0.08%             | 2037-04-22      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                   | Bain Capital Credit CLO 2022-1 Ltd                | CUSIP: 05684UAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7511946.00   | 0.23%             | 2035-04-18      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Ocean Trails CLO                                 | Ocean Trails CLO XII Ltd                          | CUSIP: 67515DAS7<br>LEI: 549300RF4JV7XJ3EV147 | Long             | ABS-CBDO         | CORP              | JE        |   8170000 | PA      | $8174335.00   | 0.25%             | 2035-07-20      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                                | Wellfleet CLO 2022-1 Ltd                          | CUSIP: 94950TAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  20000000 | PA      | $20015000.00  | 0.60%             | 2037-07-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                                | Trimaran Cavu 2019-1 Ltd                          | CUSIP: 89624CDG4<br>LEI: 549300IGMQ24BLOIU872 | Long             | ABS-CBDO         | CORP              | KY        |  19000000 | PA      | $19009500.00  | 0.57%             | 2037-01-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                                | Elevation CLO 2020-11 Ltd                         | CUSIP: 28621YAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3994544.00   | 0.12%             | 2037-10-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Z Capital Credit Partners BSL                    | Z Capital Credit Partners BSL CLO 2024-1 Ltd      | CUSIP: 98877JAA0<br>LEI: 254900DSGRS62ZX4HI79 | Long             | ABS-CBDO         | CORP              | KY        |   3250000 | PA      | $3264493.38   | 0.10%             | 2036-04-16      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion Clo 17 Ltd                              | CUSIP: 07133PAL3<br>LEI: 549300QQUW46V6EB1N30 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999832.80   | 0.06%             | 2034-03-09      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO XII Ltd.                             | Elmwood CLO XII Ltd                               | CUSIP: 29002YAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10325000 | PA      | $10335494.33  | 0.31%             | 2037-10-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advi                   | Park Avenue Institutional Advisers CLO Ltd 2017-1 | CUSIP: 70017KAL3<br>LEI: 549300ZWX1MRCB6KO574 | Long             | ABS-CBDO         | CORP              | KY        |    720000 | PA      | $720783.29    | 0.02%             | 2034-02-14      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                              | LCM 42 Ltd                                        | CUSIP: 52113AAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $15026299.50  | 0.45%             | 2038-01-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | CARLYLE US CLO 2017-3 Ltd                         | CUSIP: 14314FAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  45540000 | PA      | $45619326.13  | 1.37%             | 2037-10-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Greywolf CLO Ltd                                 | GREYWOLF CLO VI Ltd                               | CUSIP: 39809GAA3<br>LEI: 5493006V5AX99BBCEZ73 | Long             | ABS-CBDO         | CORP              | KY        |    220185 | PA      | $219968.35    | 0.01%             | 2031-04-26      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                         | Neuberger Berman Loan Advisers CLO 24 Ltd         | CUSIP: 64130HAU5<br>LEI: 549300E610NX15ZSSH14 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10010217.00  | 0.30%             | 2038-10-19      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO                                | Mountain View CLO XVI Ltd                         | CUSIP: 62432UAN1<br>LEI: 549300MWKXOHYV7Z8O91 | Long             | ABS-CBDO         | CORP              | KY        |  13945000 | PA      | $13944998.61  | 0.42%             | 2034-04-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                                | Generate CLO 15 Ltd                               | CUSIP: 37147XAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3013365.00   | 0.09%             | 2037-07-20      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                               | Wind River 2024-1 CLO Ltd                         | CUSIP: 97317AAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3012565.50   | 0.09%             | 2037-04-20      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 10 Ltd                            | CUSIP: 82671CAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $14977500.00  | 0.45%             | 2038-01-24      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| ICG US CLO Ltd                                   | ICG US Clo 2020-1 Ltd                             | CUSIP: 449251AU1<br>LEI: 254900UXTGDH0QOBDH07 | Long             | ABS-CBDO         | CORP              | KY        |  35000000 | PA      | $34997662.00  | 1.05%             | 2035-01-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                                | Wellfleet CLO 2021-4 Ltd                          | CUSIP: 89288CAA7<br>LEI: 254900EH90TKUEDWUZ75 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3009369.00   | 0.09%             | 2034-04-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                                | Wellfleet CLO 2022-2 Ltd                          | CUSIP: 94949FAL7<br>LEI: 2549008BRKHJZB917M86 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10008675.00  | 0.30%             | 2037-10-18      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                          | Highbridge Loan Management 5-2015 Ltd             | CUSIP: 44331DAQ2<br>LEI: 54930067MZ9NV8B3SZ80 | Long             | ABS-CBDO         | CORP              | KY        |   1933244 | PA      | $1931819.76   | 0.06%             | 2030-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                                | Elevation CLO 2016-5 Ltd                          | CUSIP: 28623AAN5<br>LEI: 549300IH854FT1JLRT08 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000769.30   | 0.03%             | 2038-01-25      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                                   | Apidos CLO XII                                    | CUSIP: 03764DAM3<br>LEI: 549300M5NMLBQJXUO195 | Long             | ABS-CBDO         | CORP              | KY        |    366852 | PA      | $366484.89    | 0.01%             | 2031-04-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Danby Park CLO, Ltd                              | Danby Park CLO Ltd                                | CUSIP: 236057AN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  22210000 | PA      | $22231728.04  | 0.67%             | 2037-10-21      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd                      | Balboa Bay Loan Funding 2023-1 Ltd                | CUSIP: 05765DAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7520670.75   | 0.23%             | 2036-04-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| OFSI Fund LTD                                    | OFSI BSL XII Ltd                                  | CUSIP: 67629HAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  35000000 | PA      | $35090937.00  | 1.05%             | 2038-01-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion Clo XIV Ltd                             | CUSIP: 07090AAQ6<br>LEI: 549300SBOOCXWC0VGZ76 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2501535.25   | 0.08%             | 2035-01-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                        | Anchorage Capital CLO 30 Ltd                      | CUSIP: 03333CAA3<br>LEI: 213800WBJC3SQNXZV879 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10004716.00  | 0.30%             | 2037-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Warwick Capital CLO Ltd                          | Warwick Capital CLO 2 Ltd                         | CUSIP: 936557AA5<br>LEI: 254900MNDJAT8Y3XZ919 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1506730.35   | 0.05%             | 2037-01-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| ICG US CLO Ltd                                   | ICG US CLO 2024-R1 Ltd                            | CUSIP: 44934XAA4<br>LEI: 21380029WPUQLKIPJJ57 | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7523011.50   | 0.23%             | 2038-01-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                                | Generate CLO 7 Ltd                                | CUSIP: 37149LAN7<br>LEI: 25490036G9JNQQPHIX69 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1507163.40   | 0.05%             | 2037-04-22      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Ocean Trails CLO                                 | Ocean Trails CLO XV Ltd                           | CUSIP: 67515BAA0<br>LEI: 5493000CJCL8E235WY49 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3008219.40   | 0.09%             | 2037-01-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                      | Columbia Cent CLO 34 Ltd                          | CUSIP: 19738MAC4<br>LEI: 254900PPDK716J78RD92 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10022038.00  | 0.30%             | 2038-01-25      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                           | Northwoods Capital XI-B Ltd                       | CUSIP: 66860JAN8<br>LEI: 5493005SOJ8F7B634862 | Long             | ABS-CBDO         | CORP              | KY        |   3900000 | PA      | $3894364.50   | 0.12%             | 2037-07-19      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| CQS US CLO Ltd                                   | CQS US CLO 2021-1 Ltd                             | CUSIP: 12659UAL6<br>LEI: 549300GF7PVRIKZNMY06 | Long             | ABS-CBDO         | CORP              | KY        |  21000000 | PA      | $21063422.10  | 0.63%             | 2035-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                        | Anchorage Capital Clo 24 Ltd                      | CUSIP: 03331GAQ1<br>LEI: 549300X5ZN5RMBYQ2W98 | Long             | ABS-CBDO         | CORP              | JE        |  25000000 | PA      | $25019265.00  | 0.75%             | 2037-07-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Broad River BSL Funding CLO Lt                   | Broad River Bsl Funding Clo Ltd 2020-1            | CUSIP: 11124TAJ3<br>LEI: 5493000KEEYM16WOW109 | Long             | ABS-CBDO         | CORP              | KY        |  16865000 | PA      | $16866366.07  | 0.51%             | 2034-07-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| TCW CLO 2021-1, Ltd.                             | TCW CLO 2021-1 Ltd                                | CUSIP: 87190KAQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9995000.00   | 0.30%             | 2038-01-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                  | Oaktree CLO 2024-25 Ltd                           | CUSIP: 67402PAA5<br>LEI: 254900NTZ5OVNC5X7789 | Long             | ABS-CBDO         | CORP              | KY        |   1810000 | PA      | $1818131.24   | 0.05%             | 2037-04-20      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Regatta XII Funding Ltd.                         | Regatta XII Funding Ltd                           | CUSIP: 75888HAW1<br>LEI: 2549001ZYXDVCT6R4I31 | Long             | ABS-CBDO         | CORP              | KY        |  18000000 | PA      | $18028200.60  | 0.54%             | 2037-10-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | Carlyle Global Market Strategies CLO 2014-1 Ltd   | CUSIP: 14310MAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    288085 | PA      | $288332.39    | 0.01%             | 2031-04-17      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                             | Diameter Capital CLO 7 Ltd                        | CUSIP: 25255WAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5007443.00   | 0.15%             | 2037-07-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 4 Ltd                             | CUSIP: 82667EAC5<br>LEI: 635400L44OLNOBHFTO08 | Long             | ABS-CBDO         | CORP              | KY        |  33950000 | PA      | $33951520.96  | 1.02%             | 2034-10-26      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2013-2 Ltd                               | CUSIP: 92916WAA7<br>LEI: 5493007ASGBOUR3XJY69 | Long             | ABS-CBDO         | CORP              | KY        |   1287680 | PA      | $1288986.42   | 0.04%             | 2031-04-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2021-1 Ltd                     | CUSIP: 77341KAA9<br>LEI: 5493000QG193Z8ZVLY16 | Long             | ABS-CBDO         | CORP              | KY        |   2450000 | PA      | $2456190.66   | 0.07%             | 2034-07-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| ICG US CLO Ltd                                   | ICG US Clo 2021-1 Ltd                             | CUSIP: 449303AL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2624000 | PA      | $2627423.80   | 0.08%             | 2034-04-17      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Atlas Static Senior Loan Fund                    | Atlas Static Senior Loan Fund I Ltd               | CUSIP: 04942PAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    402720 | PA      | $402929.17    | 0.01%             | 2030-07-15      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                                   | CarVal CLO XI C Ltd                               | CUSIP: 14688RAA8<br>LEI: 254900BDRF474L9PWM54 | Long             | ABS-CBDO         | CORP              | KY        |  30030000 | PA      | $30064861.83  | 0.90%             | 2037-10-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                       | Atlas Senior Loan Fund XIV                        | CUSIP: 04942CAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    356125 | PA      | $356920.48    | 0.01%             | 2032-07-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                 | Symphony CLO XIX Ltd                              | CUSIP: 87165YAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3813425 | PA      | $3818768.03   | 0.11%             | 2031-04-16      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2015-IV Ltd                          | CUSIP: 12550TAY1<br>LEI: 549300ZXX0SJBZWIWI81 | Long             | ABS-CBDO         | CORP              | KY        |   6180000 | PA      | $6190165.48   | 0.19%             | 2034-04-20      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                                   | Galaxy XXV CLO Ltd                                | CUSIP: 36319XAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3600000 | PA      | $3599071.56   | 0.11%             | 2036-04-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                     | AGL CLO 30 Ltd                                    | CUSIP: 00120VAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  20000000 | PA      | $20089400.00  | 0.60%             | 2037-04-21      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                     | AGL CLO 37 Ltd                                    | CUSIP: 00121MAA3<br>LEI: 254900AZNZG3U1TNSN78 | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $15000000.00  | 0.45%             | 2038-04-22      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Reese Park CLO, Ltd.                             | REESE PARK CLO LTD                                | CUSIP: 758465BL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  26300000 | PA      | $26352576.33  | 0.79%             | 2038-01-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion Clo XXI Ltd                             | CUSIP: 07134WAA1<br>LEI: 549300EOF4JL75TYXX49 | Long             | ABS-CBDO         | CORP              | KY        |  12495000 | PA      | $12495404.84  | 0.38%             | 2034-07-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Polen Capital CLO Ltd                            | Polen Capital CLO 2025-1 Ltd                      | CUSIP: 73110MAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25000000 | PA      | $25043482.50  | 0.75%             | 2038-03-06      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd                      | Balboa Bay Loan Funding 2020-1 Ltd                | CUSIP: 05766BAU2<br>LEI: 549300MALKZHG9DP8554 | Long             | ABS-CBDO         | CORP              | KY        |  43210000 | PA      | $43214822.24  | 1.30%             | 2035-10-20      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Gallatin Funding Ltd                             | Gallatin CLO X 2023-1 Ltd                         | CUSIP: 36362MAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   1000000 | PA      | $1001634.80   | 0.03%             | 2035-10-14      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 8 Ltd                             | CUSIP: 826937AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25000000 | PA      | $25033357.50  | 0.75%             | 2037-10-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XLV Ltd                      | CUSIP: 55820BAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9995953.00   | 0.30%             | 2034-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding LX Ltd                       | CUSIP: 557910AN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  30000000 | PA      | $30057903.00  | 0.90%             | 2037-10-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Regatta XXII Funding Ltd.                        | Regatta XXII Funding Ltd                          | CUSIP: 758968AN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  14300000 | PA      | $14318590.00  | 0.43%             | 2035-07-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2022-3 Ltd                      | CUSIP: 69690AAS6<br>LEI: 5493000CAZ8VWJGUOH13 | Long             | ABS-CBDO         | CORP              | JE        |  12375000 | PA      | $12385646.21  | 0.37%             | 2037-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Regatta VI Funding Ltd.                          | Regatta VI Funding Ltd                            | CUSIP: 75887NAW9<br>LEI: 2549001NU08X5ZRD6A39 | Long             | ABS-CBDO         | CORP              | KY        |  15640000 | PA      | $15671556.83  | 0.47%             | 2034-04-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO I Ltd.                               | Elmwood CLO I Ltd                                 | CUSIP: 290015AW6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8800000 | PA      | $8821987.68   | 0.27%             | 2037-04-20      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2025-1 Ltd                               | CUSIP: 92945JAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16000000 | PA      | $15976043.20  | 0.48%             | 2038-04-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                                | Wellfleet CLO 2020-2 Ltd                          | CUSIP: 94950AAN0<br>LEI: 254900T94H3OWOGPUI54 | Long             | ABS-CBDO         | CORP              | KY        |   3340000 | PA      | $3342476.61   | 0.10%             | 2034-07-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 24 Ltd                               | Elmwood CLO 24 Ltd                                | CUSIP: 290020AL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7006996.50   | 0.21%             | 2038-01-17      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                         | Neuberger Berman Loan Advisers CLO 33 Ltd         | CUSIP: 64132TAU7<br>LEI: 549300RVE5T2OYI2H743 | Long             | ABS-CBDO         | CORP              | KY        |  40000000 | PA      | $40025696.00  | 1.20%             | 2039-04-16      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XIX Ltd                      | CUSIP: 55819QBJ5<br>LEI: 254900END3IQSN7CTN87 | Long             | ABS-CBDO         | CORP              | KY        |  24090000 | PA      | $24190582.98  | 0.73%             | 2037-01-22      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2018-2 Ltd                               | CUSIP: 92917JAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3843458 | PA      | $3846162.60   | 0.12%             | 2031-07-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| TCW Ltd                                          | TCW CLO 2019-2 Ltd                                | CUSIP: 87242BBG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16700000 | PA      | $16666645.09  | 0.50%             | 2038-01-20      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Allegany Park CLO, Ltd.                          | Allegany Park CLO Ltd                             | CUSIP: 017154AL9<br>LEI: 549300D5KL0IVFLIND32 | Long             | ABS-CBDO         | CORP              | KY        |  28750000 | PA      | $28820558.25  | 0.87%             | 2035-01-20      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                                | Elevation Clo 2021-13 Ltd                         | CUSIP: 28622EAS7<br>LEI: 549300YZ3RIOTSOP0V95 | Long             | ABS-CBDO         | CORP              | KY        |  10500000 | PA      | $10494750.00  | 0.32%             | 2034-07-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                   | Bain Capital Credit CLO 2021-6 Ltd                | CUSIP: 05684PAL0<br>LEI: 254900YXN9JEMKU5DF45 | Long             | ABS-CBDO         | CORP              | KY        |  13175000 | PA      | $13172826.13  | 0.40%             | 2034-10-21      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                             | Signal Peak CLO 9 Ltd                             | CUSIP: 82670QAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5250000 | PA      | $5253976.35   | 0.16%             | 2038-01-21      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | Carlyle Global Market Strategies CLO 2014-3-R Ltd | CUSIP: 14315LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     42821 | PA      | $42845.35     | 0.00%             | 2031-07-27      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                          | HPS Loan Management 10-2016 Ltd                   | CUSIP: 40436TBN5<br>LEI: 2549009NI8GVCM3ROT27 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10005395.00  | 0.30%             | 2034-04-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| TIAA CLO Ltd                                     | TIAA CLO IV Ltd                                   | CUSIP: 88631YAL1<br>LEI: 5493000Q4E256SBMCY29 | Long             | ABS-CBDO         | CORP              | KY        |   3745539 | PA      | $3745940.45   | 0.11%             | 2032-01-20      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                  | Oaktree CLO 2022-3 Ltd                            | CUSIP: 67401RAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  14000000 | PA      | $14013031.20  | 0.42%             | 2037-10-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Gallatin Funding Ltd                             | Gallatin CLO XI 2024-1 Ltd                        | CUSIP: 36362HAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   7000000 | PA      | $7012746.30   | 0.21%             | 2037-10-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO X Ltd                                | CUSIP: 89640AAL0<br>LEI: 549300W90X4BIMRJ8H82 | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4493790.90   | 0.14%             | 2035-01-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                                   | Pikes Peak Clo 2                                  | CUSIP: 72133JAY3<br>LEI: 2549000551VJRWC86112 | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2402400.00   | 0.07%             | 2034-10-11      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT                   | Golub Capital Partners CLO 76 B Ltd               | CUSIP: 38180BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5010229.00   | 0.15%             | 2037-10-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| OCT64 2022-1A FRN 7/34                           | OCT64 2022-1A FRN 7/34                            | CUSIP: 67579AAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |  45000000 | PA      | $45000000.00  | 1.35%             | 2034-07-21      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                                   | Pikes Peak CLO 18                                 | CUSIP: 720916AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25000000 | PA      | $24968102.50  | 0.75%             | 2038-04-20      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion CLO X Ltd                               | CUSIP: 07132JBC7<br>LEI: 549300RRK5G3IT4Y7N27 | Long             | ABS-CBDO         | CORP              | KY        |   4955000 | PA      | $4954055.58   | 0.15%             | 2035-01-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Gallatin Funding Ltd                             | Gallatin CLO X 2023-1 Ltd                         | CUSIP: 36362MAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   1000000 | PA      | $1002399.50   | 0.03%             | 2035-10-14      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                   | Carlyle US CLO 2020-2 Ltd                         | CUSIP: 14315GAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  22060000 | PA      | $22106826.76  | 0.66%             | 2035-01-25      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO XVI Ltd                              | CUSIP: 89642DAA6<br>LEI: 5493004FCKEPFTK2QI86 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002632.50   | 0.03%             | 2034-07-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Ocean Trails CLO                                 | Ocean Trails Clo XVI Ltd                          | CUSIP: 674913AA6<br>LEI: 254900R3RT6TSDP3UQ20 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10028601.00  | 0.30%             | 2038-01-20      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| (PIPA070) PGIM Core Government Money Market Fund | (PIPA070) PGIM Core Government Money Market Fund  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 164564559 | NS      | $164564558.60 | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2017-V Ltd                           | CUSIP: 12551MAL3<br>LEI: 635400BTAKRBKGRV3X14 | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7010250.10   | 0.21%             | 2037-07-17      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                                | Trimaran Cavu 2021-1 Ltd                          | CUSIP: 89624NAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6500000 | PA      | $6519756.10   | 0.20%             | 2037-07-23      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| LCM 32 Ltd                                       | LCM 32 Ltd                                        | CUSIP: 50204AAA4<br>LEI: 549300PWEMQKJMMXR454 | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2101832.46   | 0.06%             | 2034-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Octagon 55 Ltd                                   | Octagon 55 Ltd                                    | CUSIP: 67577AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6009813.00   | 0.18%             | 2034-07-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                  | OHA Credit Funding 3 LTD                          | CUSIP: 67112RBC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9570000 | PA      | $9582708.96   | 0.29%             | 2038-01-20      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd                      | Balboa Bay Loan Funding 2024-2 Ltd                | CUSIP: 05765AAA9<br>LEI: 254900FG1DS8PNX30R63 | Long             | ABS-CBDO         | CORP              | KY        |  11000000 | PA      | $11007863.90  | 0.33%             | 2038-01-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                             | BlueMountain CLO XXXII Ltd                        | CUSIP: 09631EAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $15000000.00  | 0.45%             | 2034-10-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXIV Ltd                    | CUSIP: 55819GAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  13000000 | PA      | $13026312.00  | 0.39%             | 2037-10-16      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                               | Tikehau US CLO IV Ltd                             | CUSIP: 88675CAA0<br>LEI: 254900RN10DV5689GE29 | Long             | ABS-CBDO         | CORP              | BM        |   1000000 | PA      | $1001088.40   | 0.03%             | 2034-07-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXIII Ltd                   | CUSIP: 55819JAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3561780 | PA      | $3565341.64   | 0.11%             | 2032-10-15      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| TICP CLO Ltd                                     | TICP CLO XII Ltd                                  | CUSIP: 87250FAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506365.25   | 0.08%             | 2034-07-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Hayfin US, Ltd.                                  | Hayfin US XII Ltd                                 | CUSIP: 42087DAL3<br>LEI: 549300ROX4COSD406L14 | Long             | ABS-CBDO         | CORP              | KY        |  29710000 | PA      | $29700890.91  | 0.89%             | 2038-01-20      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                 | Symphony CLO 35 Ltd                               | CUSIP: 871980AQ1<br>LEI: 254900R36BJSADLUH162 | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5013715.50   | 0.15%             | 2036-10-24      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                       | Atlas Senior Loan Fund XV Ltd                     | CUSIP: 04942MAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1686719 | PA      | $1686750.25   | 0.05%             | 2032-10-23      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| OZLM Ltd                                         | OZLM VI Ltd                                       | CUSIP: 67108LBK8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    730053 | PA      | $730147.41    | 0.02%             | 2031-04-17      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| AGL Core CLO 15 Ltd                              | AGL Core CLO 15 Ltd                               | CUSIP: 00121GAA6<br>LEI: 5493001O95I190NV0196 | Long             | ABS-CBDO         | CORP              | KY        |    537000 | PA      | $538217.38    | 0.02%             | 2035-01-20      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XXI Ltd.                        | Marble Point CLO XXI Ltd                          | CUSIP: 56606KAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9450000 | PA      | $9464914.94   | 0.28%             | 2034-10-17      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                      | Columbia Cent CLO 33 Ltd                          | CUSIP: 19737PAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3010779.00   | 0.09%             | 2037-04-20      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2017-3 Ltd                     | CUSIP: 77341DAA5<br>LEI: 549300V5ZF7112UGSH89 | Long             | ABS-CBDO         | CORP              | KY        |    391963 | PA      | $392782.46    | 0.01%             | 2030-10-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture 46 Clo Ltd                                | CUSIP: 92326CBA4<br>LEI: 549300O7L2XN74VSK595 | Long             | ABS-CBDO         | CORP              | JE        |  11000000 | PA      | $11016490.10  | 0.33%             | 2037-10-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Jamestown CLO Ltd                                | Jamestown CLO XIV Ltd                             | CUSIP: 47048XBC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  25250000 | PA      | $25206456.38  | 0.76%             | 2034-10-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT                   | Golub Capital Partners CLO 66B Ltd                | CUSIP: 38179MAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5120000 | PA      | $5120000.00   | 0.15%             | 2036-04-25      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                     | AGL CLO 20 Ltd                                    | CUSIP: 00119CAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   6800000 | PA      | $6810193.88   | 0.20%             | 2037-10-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2022-V Ltd                           | CUSIP: 12572GAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003490.80   | 0.03%             | 2037-01-16      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Regatta XXIII Funding Ltd                        | Regatta XXIII Funding Ltd                         | CUSIP: 75889FAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002250.00   | 0.03%             | 2035-01-20      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Ocean Trails CLO                                 | Ocean Trails Clo X                                | CUSIP: 67516CAW9<br>LEI: 635400RMMLHBGDGXBC03 | Long             | ABS-CBDO         | CORP              | KY        |   3900000 | PA      | $3900048.75   | 0.12%             | 2034-10-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2024-3 Ltd                      | CUSIP: 69688GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5504271.30   | 0.17%             | 2037-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2018-2 Ltd                     | CUSIP: 77342KAA8<br>LEI: 5493001SZ764RMCNU069 | Long             | ABS-CBDO         | CORP              | KY        |    265050 | PA      | $265826.31    | 0.01%             | 2031-10-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO XXVI Ltd                             | CUSIP: 89642MAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   2000000 | PA      | $2000000.00   | 0.06%             | 2035-01-20      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Silver Rock CLO Ltd                              | Silver Rock CLO III                               | CUSIP: 82811AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2008985.80   | 0.06%             | 2036-01-20      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Marathon CLO LTD                                 | Marathon CLO 2020-15 Ltd                          | CUSIP: 56579UBE5<br>LEI: 549300T57AS4PEWI4U14 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9985180.00   | 0.30%             | 2037-08-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXVIII Ltd                  | CUSIP: 55821KAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500590.10    | 0.02%             | 2034-07-17      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXVII Ltd                   | CUSIP: 55817EAW6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9695000 | PA      | $9738627.50   | 0.29%             | 2037-04-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Romark CLO Ltd                                   | Romark WM-R Ltd                                   | CUSIP: 77587AAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1357244 | PA      | $1358634.23   | 0.04%             | 2031-04-20      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2023-1 Ltd                      | CUSIP: 69702TAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7100000 | PA      | $7107518.19   | 0.21%             | 2038-01-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Nassau LTD                                       | Nassau 2022-I Ltd                                 | CUSIP: 63171LAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    309735 | PA      | $309804.08    | 0.01%             | 2031-01-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2024-4 Ltd                               | CUSIP: 92920KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9000000 | PA      | $9006935.40   | 0.27%             | 2037-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2020-1 Ltd                     | CUSIP: 77341EBA2<br>LEI: 5493009YDNBJVFWX7747 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10000000.00  | 0.30%             | 2036-01-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Crown City CLO                                   | Crown City CLO IV                                 | CUSIP: 228233AL6<br>LEI: 549300AGQI0XSPNAK945 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1506590.25   | 0.05%             | 2037-04-20      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| PPM Clo, Ltd.                                    | PPM CLO 5 Ltd                                     | CUSIP: 69356TAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3500905.45   | 0.11%             | 2034-10-18      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                                | Battalion CLO XI Ltd                              | CUSIP: 07132LAL3<br>LEI: 549300O0R7FIDPTPCK50 | Long             | ABS-CBDO         | CORP              | KY        |   2750000 | PA      | $2754809.20   | 0.08%             | 2034-04-24      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                                | Wellfleet CLO 2020-1 Ltd                          | CUSIP: 94949GAN1<br>LEI: 2549001JCRYETQY84B65 | Long             | ABS-CBDO         | CORP              | KY        |  16250000 | PA      | $16242880.88  | 0.49%             | 2033-04-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                       | Atlas Senior Loan Fund XXIV Ltd                   | CUSIP: 04943PAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10030416.00  | 0.30%             | 2038-01-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| TICP CLO Ltd                                     | TICP CLO VII Ltd                                  | CUSIP: 87248TAU9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9250000 | PA      | $9260874.30   | 0.28%             | 2033-04-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| SILVER ROCK CLO LTD                              | Silver Rock CLO I Ltd                             | CUSIP: 82811RAY3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6004817.40   | 0.18%             | 2037-10-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                           | Canyon Capital CLO 2016-1 Ltd                     | CUSIP: 13887PAK1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1864938 | PA      | $1868124.68   | 0.06%             | 2031-07-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2024-2 LTD                      | CUSIP: 69703LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2175000 | PA      | $2178161.80   | 0.07%             | 2037-07-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 42 Ltd                               | Elmwood CLO 42 Ltd                                | CUSIP: 29005DAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  20000000 | PA      | $20021640.00  | 0.60%             | 2038-03-31      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| ICG Rhinebeck CLO 2021-4 Ltd                     | ICG Rhinebeck CLO 2021-4 Ltd                      | CUSIP: 449272AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500364.00    | 0.02%             | 2034-10-26      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Sculptor CLO Ltd                                 | Sculptor CLO XXXV Ltd                             | CUSIP: 81125MAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $14997912.00  | 0.45%             | 2038-04-27      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2020-IV Ltd                          | CUSIP: 12562RAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  26000000 | PA      | $25991035.20  | 0.78%             | 2040-01-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2020-III Ltd                         | CUSIP: 12560EAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  32100000 | PA      | $32153501.07  | 0.97%             | 2034-10-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Barrow Hanley CLO LTD                            | Barrow Hanley CLO II Ltd                          | CUSIP: 06875RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002786.00   | 0.03%             | 2035-10-20      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR CLO 18 Ltd                                    | CUSIP: 48251JAL7<br>LEI: 54930088PYF0FHKY5C94 | Long             | ABS-CBDO         | CORP              | KY        |    757600 | PA      | $758016.24    | 0.02%             | 2030-07-18      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO VI Ltd                               | CUSIP: 89640YBN3<br>LEI: 549300IUAXGLQ814UD95 | Long             | ABS-CBDO         | CORP              | KY        |  25000000 | PA      | $25003352.50  | 0.75%             | 2034-01-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                       | Atlas Senior Loan Fund XXIII Ltd                  | CUSIP: 04942HAA3<br>LEI: 213800M7WM9TKCR3TF76 | Long             | ABS-CBDO         | CORP              | JE        |   5250000 | PA      | $5272632.75   | 0.16%             | 2037-07-20      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Regatta XVI Funding Ltd.                         | Regatta XVI Funding Ltd                           | CUSIP: 75888TAL9<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |   7399178 | PA      | $7390646.86   | 0.22%             | 2033-01-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                           | Northwoods Capital XIV-B Ltd                      | CUSIP: 66860CAL7<br>LEI: 549300QQDSTCZ860F679 | Long             | ABS-CBDO         | CORP              | KY        |  14748989 | PA      | $14772147.97  | 0.44%             | 2031-11-13      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                              | MidOcean Credit CLO XII Ltd                       | CUSIP: 59803TAQ4<br>LEI: 5493000CPZWPTWX7TF71 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2003300.00   | 0.06%             | 2036-04-18      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2015-I Ltd                           | CUSIP: 12548MBF1<br>LEI: 5493001TP5YQV9X08Z14 | Long             | ABS-CBDO         | CORP              | KY        |    782481 | PA      | $784254.69    | 0.02%             | 2031-01-22      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Rad CLO 12 Ltd                                   | Rad CLO 12 Ltd                                    | CUSIP: 75009PAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007624.50   | 0.09%             | 2034-10-30      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture 42 CLO Ltd                                | CUSIP: 923260AC7<br>LEI: 5493005OM8P21GK6YE73 | Long             | ABS-CBDO         | CORP              | KY        |   7630000 | PA      | $7643218.98   | 0.23%             | 2034-04-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners Static                    | Golub Capital Partners Static 2024-1 Ltd          | CUSIP: 381929AA6<br>LEI: 25490083RWI1EQQYLH43 | Long             | ABS-CBDO         | CORP              | KY        |   4242634 | PA      | $4249678.24   | 0.13%             | 2033-04-20      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                                   | CarVal CLO VII-C Ltd                              | CUSIP: 14686BAN7<br>LEI: 254900KRTGHP264UWC15 | Long             | ABS-CBDO         | CORP              | JE        |   9000000 | PA      | $8986843.80   | 0.27%             | 2037-07-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2019-1 Ltd                               | CUSIP: 92917NAW8<br>LEI: 549300KSCKXTOBY0IP86 | Long             | ABS-CBDO         | CORP              | KY        |   8500000 | PA      | $8510442.25   | 0.26%             | 2037-10-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO                                 | Marble Point CLO XXII Ltd                         | CUSIP: 56606GAA2<br>LEI: 549300MZC31PBFF01E87 | Long             | ABS-CBDO         | CORP              | KY        |   6150000 | PA      | $6151421.27   | 0.18%             | 2034-07-25      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO X Ltd                                | Elmwood CLO X Ltd                                 | CUSIP: 29002VAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12000000 | PA      | $12015500.40  | 0.36%             | 2034-04-20      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                                | Trimaran CAVU 2022-1 Ltd                          | CUSIP: 89623VAL5<br>LEI: 549300UZ4DECMUVOVS09 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014623.50   | 0.15%             | 2037-10-22      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                 | Trinitas CLO XI Ltd                               | CUSIP: 89641HBC3<br>LEI: 549300T8V1JZG1WFK175 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9994017.00   | 0.30%             | 2034-07-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2019-VI Ltd                          | CUSIP: 12555XAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3250000 | PA      | $3253144.70   | 0.10%             | 2037-07-16      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2018-II Ltd                          | CUSIP: 17180WAJ4<br>LEI: 635400A7PBKNR7KBOY58 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5006316.00   | 0.15%             | 2037-10-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding LVII Ltd                     | CUSIP: 55822GAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5480000 | PA      | $5479344.04   | 0.16%             | 2034-07-27      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Romark CLO Ltd                                   | Romark CLO II Ltd                                 | CUSIP: 77587EAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1650072 | PA      | $1650437.43   | 0.05%             | 2031-07-25      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR CLO 54 LTD                                    | CUSIP: 48256VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17750000 | PA      | $17741190.68  | 0.53%             | 2038-01-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT                   | Golub Capital Partners CLO 62B Ltd                | CUSIP: 38180HAA2<br>LEI: 2549009X711NFO0AZT83 | Long             | ABS-CBDO         | CORP              | JE        |  34981000 | PA      | $35049898.58  | 1.05%             | 2037-10-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                            | Sixth Street CLO XVII Ltd                         | CUSIP: 83012FAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998198.20    | 0.03%             | 2038-04-17      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                      | OCP CLO 2020-8R Ltd                               | CUSIP: 670898AQ8<br>LEI: 254900K70GBA8CMARX66 | Long             | ABS-CBDO         | CORP              | KY        |  39469313 | PA      | $39471290.41  | 1.19%             | 2036-10-17      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                              | Sound Point Clo XXI Ltd                           | CUSIP: 83613HAL1<br>LEI: 5493001O6AOY43J70E72 | Long             | ABS-CBDO         | CORP              | KY        |   4361908 | PA      | $4371436.26   | 0.13%             | 2031-10-26      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO                                | Mountain View CLO 2017-2 LLC                      | CUSIP: 62432LAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     75369 | PA      | $75339.05     | 0.00%             | 2031-01-16      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advi                   | Park Avenue Institutional Advisers CLO Ltd 2018-1 | CUSIP: 70016RAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    108269 | PA      | $108214.77    | 0.00%             | 2031-10-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Crown City CLO                                   | Crown City CLO II                                 | CUSIP: 22823KAQ7<br>LEI: 549300TQXORNUWLBOD84 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497810.15   | 0.05%             | 2035-04-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                      | Columbia Cent CLO 33 Ltd                          | CUSIP: 19737PAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  18510000 | PA      | $18590013.18  | 0.56%             | 2037-04-20      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                                   | Pikes Peak Clo 16 Ltd                             | CUSIP: 72132EAA7<br>LEI: 2138001LNFG5678B4I86 | Long             | ABS-CBDO         | CORP              | KY        |   2725000 | PA      | $2728067.81   | 0.08%             | 2037-07-25      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR Clo 17 Ltd                                    | CUSIP: 48251FAG6<br>LEI: 549300I0HBY0ZQ3YIB77 | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1201914.12   | 0.04%             | 2034-04-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                         | Neuberger Berman Loan Advisers Clo 51 Ltd         | CUSIP: 64135BAL3<br>LEI: 549300E2R8NH2QE50368 | Long             | ABS-CBDO         | CORP              | JE        |   5790000 | PA      | $5799264.00   | 0.17%             | 2036-10-23      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Regatta XXVIII Funding Ltd.                      | Regatta XXVIII Funding Ltd                        | CUSIP: 75901PAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  40000000 | PA      | $40178208.00  | 1.21%             | 2037-04-25      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Hayfin US XV, Ltd.                               | Hayfin US XV Ltd                                  | CUSIP: 420916AC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2259585.00   | 0.07%             | 2037-04-28      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                       | Atlas Senior Loan Fund XV Ltd                     | CUSIP: 04942MAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002067.60   | 0.06%             | 2032-10-23      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| Regatta VII Funding Ltd                          | Regatta VII Funding Ltd                           | CUSIP: 75888ABE5<br>LEI: 549300DA6HSLI0UPTQ25 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004050.20   | 0.06%             | 2034-06-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture 37 CLO Ltd                                | CUSIP: 92333BBA7<br>LEI: 549300IW5Q3C6JHMIU22 | Long             | ABS-CBDO         | CORP              | KY        |   2193472 | PA      | $2197391.27   | 0.07%             | 2032-07-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| TCW CLO 2021-2, Ltd.                             | TCW CLO 2021-2 Ltd                                | CUSIP: 87190MAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002821.90   | 0.03%             | 2034-07-25      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2017-2 Ltd                     | CUSIP: 77340GAJ0<br>LEI: 549300G18KVCW7VUKI86 | Long             | ABS-CBDO         | CORP              | KY        |     36624 | PA      | $36639.60     | 0.00%             | 2029-10-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO II Ltd.                              | Elmwood CLO II Ltd                                | CUSIP: 29001LAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  30000000 | PA      | $30074958.00  | 0.90%             | 2037-10-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                              | Sound Point CLO XXIII                             | CUSIP: 83614BAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2249514.23   | 0.07%             | 2034-07-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| MENLO CLO                                        | Menlo CLO I Ltd                                   | CUSIP: 586915AA8<br>LEI: 2549005RHPY3C68SIP61 | Long             | ABS-CBDO         | CORP              | KY        |  35000000 | PA      | $35082817.00  | 1.05%             | 2038-01-20      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| East West Investment Managemen                   | CIFC Falcon 2020 Ltd                              | CUSIP: 27580XAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    756593 | PA      | $756948.92    | 0.02%             | 2033-01-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 39 Ltd                               | Elmwood CLO 39 Ltd                                | CUSIP: 289910AA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  22350000 | PA      | $22317339.95  | 0.67%             | 2038-04-17      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| AGL Core CLO                                     | AGL Core CLO 2 Ltd                                | CUSIP: 001200AJ3<br>LEI: 549300EIBQDZ5WXOZ105 | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $15016669.50  | 0.45%             | 2037-07-20      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2025-III Ltd                         | CUSIP: 12574JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  27150000 | PA      | $27245025.00  | 0.82%             | 2038-07-21      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2015-1 Ltd                      | CUSIP: 69689ABU3<br>LEI: 5493006ZPBFJJGSXB826 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9994608.00   | 0.30%             | 2034-05-21      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| CBAM CLO Management                              | CBAM 2020-12 Ltd                                  | CUSIP: 12509VAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3500815.50   | 0.11%             | 2034-07-20      | Floating      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Regatta XXVII Funding Ltd.                       | Regatta XXVII Funding Ltd                         | CUSIP: 758970AA5<br>LEI: 213800A3LAH3GG226R43 | Long             | ABS-CBDO         | CORP              | JE        |  26000000 | PA      | $26115705.20  | 0.78%             | 2037-04-26      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                                | Trimaran CAVU 2024-1 Ltd                          | CUSIP: 895971AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  14700000 | PA      | $14714608.86  | 0.44%             | 2038-01-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 49                   | Octagon Investment Partners 49 Ltd                | CUSIP: 67578FAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2505000 | PA      | $2515830.37   | 0.08%             | 2037-04-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| OZLM Ltd                                         | OZLM XV Ltd                                       | CUSIP: 67111DBA3<br>LEI: 5493008RJIODIVVGSK16 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005000.00   | 0.15%             | 2033-04-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| PPM CLO 2 Ltd.                                   | PPM CLO 2 Ltd                                     | CUSIP: 69377PAU8<br>LEI: 549300JBW1DIZLGMSY83 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000727.20   | 0.03%             | 2037-04-16      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR Clo 33 Ltd                                    | CUSIP: 48254QAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12800000 | PA      | $12832756.48  | 0.39%             | 2034-07-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                                      | Rad CLO 7 Ltd                                     | CUSIP: 74936GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6300000 | PA      | $6303145.59   | 0.19%             | 2036-04-17      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                                      | Rad CLO 5 Ltd                                     | CUSIP: 74923EAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    427230 | PA      | $427951.90    | 0.01%             | 2032-07-24      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Greywolf CLO Ltd                                 | GREYWOLF CLO VII Ltd                              | CUSIP: 39809AAA6<br>LEI: 5493005EEKUYF0Q6Z361 | Long             | ABS-CBDO         | CORP              | KY        |    354378 | PA      | $355193.30    | 0.01%             | 2031-10-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Crown City CLO                                   | Crown City CLO VI                                 | CUSIP: 22823EAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999232.40    | 0.03%             | 2037-07-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                           | RR 40 LTD                                         | CUSIP: 749762AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |  21800000 | PA      | $21823871.00  | 0.66%             | 2038-07-15      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                      | Columbia Cent CLO 30 Ltd                          | CUSIP: 19736WAU4<br>LEI: 549300EPPYTG18BLNK44 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10006975.00  | 0.30%             | 2034-01-20      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                | Magnetite Xlii Ltd                                | CUSIP: 55955XAA4<br>LEI: 5299008QF7XUGQ5EZC63 | Long             | ABS-CBDO         | CORP              | KY        |  48992000 | PA      | $49041232.06  | 1.47%             | 2038-01-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** PGIM ETF Trust

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer