# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0001752724-23-073318
**Filing Date:** 2023-3
**Character Count:** 99845
**Document Hash:** d2ee2da2cf231d5c87135ff288daf5c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-073318.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001752724-23-073318

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 23778192

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Emerging Markets Corporate Bond Fund (Series ID: S000042522)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000131551 | Payden Emerging Markets Corporate Bond Fund (Investor Class) | PYCEX           |
| C000136209 | Payden Emerging Markets Corporate Bond Fund (SI Class)       | PYCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Emerging Markets Corporate Bond Fund

- **b. EDGAR series identifier (if any):** S000042522

- **c. LEI of Series:** 549300YZ4XY581C25P40

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $66741905.65

**Total Liabilities:** $2901886.16

**Net Assets:** $63840019.49

**Delayed Delivery Securities:** $803038.00

**Cash Not Reported:** $162000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 6.91848176 | **1-Year:** 41.93249385 | **5-Year:** 2632.00000000 | **10-Year:** 7884.00000000 | **30-Year:** 9473.00000000

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

- **3-Month:** 25.14964139 | **1-Year:** 20.89230903 | **5-Year:** 3552.00000000 | **10-Year:** 8585.00000000 | **30-Year:** 3648.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131551 | 6.29%                | 1.89%                | 2.72%                |
| Class ID C000136209 | 6.42%                | 1.78%                | 2.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-251263.72              | $3129860.25                                |
| Month 2  | $-399871.20              | $1089861.44                                |
| Month 3  | $-5297.22                | $1209359.51                                |

**Designated Index Information**

- **Index Name:** JP Morgan CEMBI Broad Diversified Index

- **Index Identifier:** JBCDCOMP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TREASURY BILL                               | United States Treasury Bill                                                      | CUSIP: 912796YT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1345000 | PA      | $1299176.87   | 2.04%             | 2023-11-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EMIRATES SEMBCORP WATER                     | Emirates Semb Corp Water & Power Co PJSC                                         | CUSIP: 29135EAA4<br>LEI: 213800FF7EXWECXGTO26 | Long             | DBT              | CORP              | AE        |    280000 | PA      | $273501.20    | 0.43%             | 2035-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                        | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    835000 | PA      | $820855.10    | 1.29%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                      | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 36321PAB6<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    510000 | PA      | $418291.12    | 0.66%             | 2036-03-31      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                             | MARB BondCo PLC                                                                  | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $710077.50    | 1.11%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                         | Klabin Austria GmbH                                                              | CUSIP: 49836AAC8<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $163855.07    | 0.26%             | 2031-01-12      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Tacala Investment Corp                      | Tacala Investment Corp                                                           | CUSIP: 000000000<br>LEI: 549300XTM341KBSTDI88 | Long             | LON              | CORP              | US        |    510000 | PA      | $466757.10    | 0.73%             | 2028-02-04      | Floating      | 12.07%                | No            |                  2 | On Loan: No      |
| TRUST F/1401                                | Trust Fibra Uno                                                                  | CUSIP: 898324AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    200000 | PA      | $184446.40    | 0.29%             | 2044-01-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CELEO REDES OPERACION CL                    | Celeo Redes Operacion Chile SA                                                   | CUSIP: 15103JAA0<br>LEI: 959800U0HC7MFYWVH407 | Long             | DBT              | CORP              | CL        |    190514 | PA      | $165290.28    | 0.26%             | 2047-06-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TULLOW OIL PLC                              | Tullow Oil PLC                                                                   | CUSIP: 899415AG8<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $172766.00    | 0.27%             | 2026-05-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                     | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   2690000 | PA      | $141713.38    | 0.22%             | 2029-05-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ELECTRICIDAD FIRME DE ME                    | Electricidad Firme de Mexico Holdings SA de CV                                   | CUSIP: 28504MAA1<br>LEI: 549300B9KK10OSYRIY06 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $180111.36    | 0.28%             | 2026-11-20      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                    | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193260.00    | 0.30%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NBK TIER 1 FINANCING 2                      | NBK Tier 1 Financing 2 Ltd                                                       | CUSIP: 000000000<br>LEI: 549300HMWSJFNREWT164 | Long             | DBT              | CORP              | AE        |    415000 | PA      | $392282.90    | 0.61%             | N/A             | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                     | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    200000 | PA      | $184875.00    | 0.29%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                    | Petrobras Global Finance BV                                                      | CUSIP: 71647NAM1<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    310000 | PA      | $311104.84    | 0.49%             | 2024-03-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                      | Mexico City Airport Trust                                                        | CUSIP: 59284MAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    220000 | PA      | $178525.60    | 0.28%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIGICEL GROUP HOLDINGS                      | Digicel Group Holdings Ltd                                                       | CUSIP: 25381YAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    241600 | PA      | $60400.00     | 0.09%             | 2025-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EQUATE PETROCHEMICAL BV                     | Equate Petrochemical BV                                                          | CUSIP: 29441WAD7<br>LEI: 635400Y3Z5R4NJSMQ630 | Long             | DBT              | CORP              | NL        |    210000 | PA      | $187818.75    | 0.29%             | 2028-04-28      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                        | Kallpa Generacion SA                                                             | CUSIP: 156830AA9<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |    215000 | PA      | $201310.43    | 0.32%             | 2027-08-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                     | Sasol Financing USA LLC                                                          | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184299.00    | 0.29%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                        | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $155990.70    | 0.24%             | 2030-02-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                           | Kosmos Energy Ltd                                                                | CUSIP: 500688AC0<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181148.00    | 0.28%             | 2026-04-04      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CONTINUUM ENERGY LEVANTE                    | Continuum Energy Levanter Pte Ltd                                                | CUSIP: 21218MAB1<br>LEI: 254900MFSMO37F3WJ232 | Long             | DBT              | CORP              | SG        |    241875 | PA      | $218045.17    | 0.34%             | 2027-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                   | ONEOK Inc                                                                        | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210506.71    | 0.33%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| TURK SISE VE CAM FABRIKA                    | Turkiye Sise ve Cam Fabrikalari AS                                               | CUSIP: 90016AAB6<br>LEI: 789000KWOK751Q6R8875 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $195107.00    | 0.31%             | 2026-03-14      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                         | Shriram Finance Ltd                                                              | CUSIP: 825547AD4<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |    245000 | PA      | $236496.05    | 0.37%             | 2024-03-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                     | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DP0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87664.73     | 0.14%             | 2027-11-13      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| PRUMO PARTICIPACOES E IN                    | Prumo Participacoes e Investimentos S/A                                          | CUSIP: 74444JAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |    492709 | PA      | $476429.70    | 0.75%             | 2031-12-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOVT OF BERMUDA                             | Bermuda Government International Bond                                            | CUSIP: 085209AD6<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |    700000 | PA      | $678125.00    | 1.06%             | 2027-01-25      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| BANK HAPOALIM                               | Bank Hapoalim BM                                                                 | CUSIP: 000000000<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | DBT              | CORP              | IL        |    810000 | PA      | $716585.94    | 1.12%             | 2032-01-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                    | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 46556LAJ3<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    230000 | PA      | $229602.83    | 0.36%             | 2023-05-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GRUPO BIMBO SAB DE CV                       | Grupo Bimbo SAB de CV                                                            | CUSIP: 40052VAF1<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $400156.00    | 0.63%             | N/A             | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CORPORACION INMOBILIARIA                    | Corp Inmobiliaria Vesta SAB de CV                                                | CUSIP: 21989DAA0<br>LEI: 4469000001BIRIFZJ959 | Long             | DBT              | CORP              | MX        |    220000 | PA      | $188665.40    | 0.30%             | 2031-05-13      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                         | Global Payments Inc                                                              | CUSIP: 891906AB5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198965.31    | 0.31%             | 2023-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $165754.00    | 0.26%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTERCORP PERU LTD                          | Intercorp Peru Ltd                                                               | CUSIP: 458652AB0<br>LEI: 549300L0OFVSOE4NSY75 | Long             | DBT              | CORP              | BS        |    445000 | PA      | $372602.82    | 0.58%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| RAS LAFFAN LNG 3                            | Ras Laffan Liquefied Natural Gas Co Ltd 3                                        | CUSIP: 75405UAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | QA        |    244290 | PA      | $248362.31    | 0.39%             | 2027-09-30      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CBOT 2 Year US Treasury Note                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        23 | NC      | $17531.89     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                      | Export-Import Bank of India                                                      | CUSIP: 30216JAC9<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |    200000 | PA      | $188830.15    | 0.30%             | 2028-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                     | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 00652MAH5<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $144571.74    | 0.23%             | 2031-02-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                        | Ooredoo International Finance Ltd                                                | CUSIP: 74733LAE2<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |    500000 | PA      | $504682.50    | 0.79%             | 2025-10-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADANI TRANS STEP-ONE LTD                    | Adani Transmission Step-One Ltd                                                  | CUSIP: 000000000<br>LEI: 335800Z8CGS7O7D72N41 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $160933.59    | 0.25%             | 2026-08-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| B2W DIGITAL LUX SARL                        | B2W Digital Lux Sarl                                                             | CUSIP: 05609AAA9<br>LEI: 222100KMO43GQ28M6N31 | Long             | DBT              | CORP              | LU        |    220000 | PA      | $36645.40     | 0.06%             | 2030-12-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                          | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    260000 | PA      | $253880.90    | 0.40%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                       | Sri Lanka Government International Bond                                          | CUSIP: 85227SAQ9<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    250000 | PA      | $88876.48     | 0.14%             | 2025-11-03      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                    | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAA6<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $196170.00    | 0.31%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                        | Saudi Arabian Oil Co                                                             | CUSIP: 80414L2L8<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    555000 | PA      | $403221.38    | 0.63%             | 2050-11-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BRF SA                                      | BRF SA                                                                           | CUSIP: 10552TAG2<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $169231.76    | 0.27%             | 2030-01-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BRF SA                                      | BRF SA                                                                           | CUSIP: 000000000<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $169236.41    | 0.27%             | 2030-01-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DAR AL-ARKAN SUKUK CO LT                    | Dar Al-Arkan Sukuk Co Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000UYHRBXEIYUQ69 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $201511.00    | 0.32%             | 2026-02-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VEDANTA UK INVESTMENTS                      | Vedanta Resources Ltd                                                            | CUSIP: 92241TAM4<br>LEI: 2138007MYEKPEAZQTW83 | Long             | DBT              | CORP              | GB        |    260000 | PA      | $196986.40    | 0.31%             | 2024-08-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                    | AES Panama Generation Holdings SRL                                               | CUSIP: 00109AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    600000 | PA      | $532914.23    | 0.83%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SA GLOBAL SUKUK LTD                         | SA Global Sukuk Ltd                                                              | CUSIP: 78397PAB7<br>LEI: 5493007DFAVKU7UOGR47 | Long             | DBT              | CORP              | KY        |    390000 | PA      | $357545.37    | 0.56%             | 2026-06-17      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                    | Banco de Credito del Peru S.A.                                                   | CUSIP: 05990GAA3<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    230000 | PA      | $229899.95    | 0.36%             | 2023-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                     | Reliance Industries Ltd                                                          | CUSIP: 759470BD8<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |    250000 | PA      | $181404.84    | 0.28%             | 2052-01-12      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BRASKEM FINANCE LTD                         | Braskem Finance Ltd                                                              | CUSIP: 10553YAF2<br>LEI: 254900HEUOOGBXNXZM03 | Long             | DBT              | CORP              | KY        |    230000 | PA      | $232555.45    | 0.36%             | 2024-02-03      | Fixed         | 6.45%                 | No            |                  2 | On Loan: —       |
| PROSUS NV                                   | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $159901.66    | 0.25%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZA                    | Development Bank of Kazakhstan JSC                                               | CUSIP: 000000000<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | CORP              | KZ        |  70000000 | PA      | $148828.99    | 0.23%             | 2023-05-04      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| FERMACA ENTERPRISES S RL                    | Fermaca Enterprises S de RL de CV                                                | CUSIP: 31503AAA2<br>LEI: 549300HYMZDEHWD3X752 | Long             | DBT              | CORP              | MX        |    211903 | PA      | $206183.56    | 0.32%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ULKER BISKUVI SANAYI AS                     | Ulker Biskuvi Sanayi AS                                                          | CUSIP: 903742AA2<br>LEI: 7890009HEU9BS7J3DA93 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $179271.60    | 0.28%             | 2025-10-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.             | CDS FEDERATIVE REPUBLIC OF BRAZIL                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $13496.15     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Payden Cash Reserves Money Market Fund      | Payden Cash Reserves Money Market Fund                                           | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |   5522249 | NS      | $5522248.55   | 8.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DAR AL-ARKAN SUKUK CO LT                    | Dar Al-Arkan Sukuk Co Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000UYHRBXEIYUQ69 | Long             | DBT              | CORP              | KY        |    270000 | PA      | $264401.28    | 0.41%             | 2027-02-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                                 | Geopark Ltd                                                                      | CUSIP: 37255BAB5<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |    340000 | PA      | $302206.85    | 0.47%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                      | BBVA Bancomer SA/Texas                                                           | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    610000 | PA      | $580598.00    | 0.91%             | 2033-01-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                 | Walmart Inc                                                                      | CUSIP: 931142EL3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97898.87     | 0.15%             | 2024-07-08      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST                             | Energuate Trust                                                                  | CUSIP: 29277RAA3<br>LEI: 549300RVM37LH8GY7E41 | Long             | DBT              | CORP              | KY        |    605000 | PA      | $581447.35    | 0.91%             | 2027-05-03      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                           | CUSIP: 225401BB3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    100000 | PA      | $112434.54    | 0.18%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                    | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BJ8<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199233.26    | 0.31%             | 2023-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                        | National Fuel Gas Co                                                             | CUSIP: 636180BL4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199741.06    | 0.31%             | 2023-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOGAN GROUP CO LTD                          | Logan Group Co Ltd                                                               | CUSIP: 000000000<br>LEI: 549300NJ0E6Q0S1VOG90 | Long             | DBT              | CORP              | KY        |    280000 | PA      | $84006.97     | 0.13%             | 2025-07-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HCL AMERICA INC                             | HCL America Inc                                                                  | CUSIP: 40480HAA5<br>LEI: 549300CBM0L7W7N2EB94 | Long             | DBT              | CORP              | US        |    400000 | PA      | $358047.93    | 0.56%             | 2026-03-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                      | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAA6<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    440000 | PA      | $390092.22    | 0.61%             | 2026-05-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CME Ultra Long Term US Treasury Bond                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         5 | NC      | $38615.95     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD                    | Israel Electric Corp Ltd                                                         | CUSIP: 465077AL9<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |    200000 | PA      | $192226.00    | 0.30%             | 2028-08-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO                    | Colombia Telecomunicaciones SA ESP                                               | CUSIP: 19533PAC4<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $174793.00    | 0.27%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| INDIA CLEANTECH ENERGY                      | India Cleantech Energy                                                           | CUSIP: 45410BAA2<br>LEI: 254900DGTS4HHR3Q6F66 | Long             | DBT              | CORP              | MU        |    473500 | PA      | $426150.00    | 0.67%             | 2026-08-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CIBANCO SA/PLA ADMIN                        | Cibanco SA Ibm / PLA Administradora Industrial S de RL de CV                     | CUSIP: 17162LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    200000 | PA      | $188389.00    | 0.30%             | 2029-07-18      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| TAMARACK VALLEY ENERGY L                    | Tamarack Valley Energy Ltd                                                       | CUSIP: 87505YAA0<br>LEI: 549300TLKPX8BE14MH06 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $143173.88    | 0.22%             | 2027-05-10      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                      | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    250000 | PA      | $240447.50    | 0.38%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                  | USD/CAD FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $4153.65      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM                    | Indofood CBP Sukses Makmur Tbk PT                                                | CUSIP: 000000000<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |    700000 | PA      | $609874.28    | 0.96%             | 2031-06-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                        | Bank Leumi Le-Israel BM                                                          | CUSIP: 06326BAA7<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |    610000 | PA      | $556972.70    | 0.87%             | 2031-01-29      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                           | MDGH GMTN RSC Ltd                                                                | CUSIP: 55285GAB0<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |    240000 | PA      | $256764.72    | 0.40%             | 2033-04-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                              | Bancolombia SA                                                                   | CUSIP: 05968LAK8<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $199206.00    | 0.31%             | 2027-10-18      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CBOT 5 Year US Treasury Note                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         4 | NC      | $4705.96      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GROUP HOLDING                       | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAQ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $195199.41    | 0.31%             | 2024-11-28      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                      | Korea Development Bank/The                                                       | CUSIP: 500630CG1<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    240000 | PA      | $232399.59    | 0.36%             | 2025-09-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER MEXICO                      | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | CUSIP: 05969BAC7<br>LEI: SCRYQ25DTVRHYYMM6P89 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $602250.00    | 0.94%             | 2028-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                     | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    595000 | PA      | $599165.00    | 0.94%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIGMA FINANCE NL                            | Sigma Finance Netherlands BV                                                     | CUSIP: 8265QNAA0<br>LEI: 549300K5R8C331KIC659 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $392694.33    | 0.62%             | 2028-03-27      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                     | KazMunayGas National Co JSC                                                      | CUSIP: 48667QAQ8<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    200000 | PA      | $185147.56    | 0.29%             | 2030-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                          | Ukraine Government International Bond                                            | CUSIP: 903724AT9<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    215000 | PA      | $48195.26     | 0.08%             | 2028-09-01      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA                     | EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA                  | CUSIP: 29280LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |   1630000 | PA      | $1166057.09   | 1.83%             | 2030-12-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                      | Coca-Cola Femsa SAB de CV                                                        | CUSIP: 191241AJ7<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $158958.00    | 0.25%             | 2032-09-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                             | Sealed Air Corp                                                                  | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50495.00     | 0.08%             | 2028-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                  | EUR/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $14196.02     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CBOT US Long Bond                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         6 | NC      | $27261.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOCEANICO SOVEREIGN                        | Bioceanico Sovereign Certificate Ltd                                             | CUSIP: 09076AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    502307 | PA      | $355382.02    | 0.56%             | 2034-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                        | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $135509.36    | 0.21%             | 2027-01-14      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                    | OCP SA                                                                           | CUSIP: 67091TAD7<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    200000 | PA      | $169565.00    | 0.27%             | 2031-06-23      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                     | Studio City Finance Ltd                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $162750.00    | 0.25%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UEP PENONOME II SA                          | UEP Penonome II SA                                                               | CUSIP: 90363PAA4<br>LEI: 549300DS6G5XB230S845 | Long             | DBT              | CORP              | PA        |    581665 | PA      | $440424.63    | 0.69%             | 2038-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ADANIREN KODSOPAR WARSOM                    | Adani Renewable Energy RJ Ltd/Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash | CUSIP: 00654CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    655219 | PA      | $470592.72    | 0.74%             | 2039-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                    | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05973KAB3<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $177060.00    | 0.28%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GREENKO SOLAR MAURITIUS                     | Greenko Solar Mauritius Ltd                                                      | CUSIP: 39530VAB4<br>LEI: 2138007S1PL541B3KP92 | Long             | DBT              | CORP              | MU        |    300000 | PA      | $283005.00    | 0.44%             | 2026-07-29      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                   | Prosus NV                                                                        | CUSIP: 74365PAF5<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $160283.16    | 0.25%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                          | Dominican Republic International Bond                                            | CUSIP: 25714PEP9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    265000 | PA      | $250270.75    | 0.39%             | 2029-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                              | Var Energi ASA                                                                   | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    300000 | PA      | $323306.48    | 0.51%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CBOT 10 Year US Treasury Note                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -24 | NC      | $-31018.56    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC                     | Evergreen Acqco 1 LP / TVI Inc                                                   | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $197088.00    | 0.31%             | 2028-04-26      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                     | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAC7<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149965.50    | 0.23%             | 2028-02-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                        | Lockheed Martin Corp                                                             | CUSIP: 539830BH1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196591.61    | 0.31%             | 2026-01-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                  | USD/MXN FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-4338.94     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                     | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    200000 | PA      | $181250.00    | 0.28%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                    | OCP SA                                                                           | CUSIP: 67091TAA3<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    245000 | PA      | $244933.85    | 0.38%             | 2024-04-25      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                         | Klabin Austria GmbH                                                              | CUSIP: 49836AAA2<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $200500.00    | 0.31%             | 2029-04-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                    | Adani Electricity Mumbai Ltd                                                     | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |    440000 | PA      | $329206.45    | 0.52%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BRF SA                                      | BRF SA                                                                           | CUSIP: 10552TAH0<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $140339.09    | 0.22%             | 2050-09-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                       | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    670000 | PA      | $576535.00    | 0.90%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                    | Shimao Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    215000 | PA      | $51416.06     | 0.08%             | 2026-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TERRAFORM GLOBAL OPERATI                    | Terraform Global Operating LP                                                    | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |    570000 | PA      | $542651.40    | 0.85%             | 2026-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | Ultra 10-Year US Treasury Note                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -19 | NC      | $-39696.89    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| ADANI PORTS AND SPECIAL                     | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 00652MAJ1<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    210000 | PA      | $148810.04    | 0.23%             | 2041-08-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                              | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    430000 | PA      | $379400.64    | 0.59%             | 2028-08-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TRUST F/1401                                | Trust Fibra Uno                                                                  | CUSIP: 898324AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    200000 | PA      | $195270.00    | 0.31%             | 2026-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                            | Altice France SA/France                                                          | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    425000 | PA      | $334139.25    | 0.52%             | 2029-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                   | Prosus NV                                                                        | CUSIP: 74365PAD0<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    415000 | PA      | $281076.90    | 0.44%             | 2050-08-03      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| SINGTEL GROUP TREASURY                      | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |    300000 | PA      | $278391.75    | 0.44%             | 2026-10-03      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                    | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAB4<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $192719.00    | 0.30%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EMBOTELLADORA ANDINA SA                     | Embotelladora Andina SA                                                          | CUSIP: 29081PAE5<br>LEI: 254900NNPKP1J9XTSA53 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $199778.00    | 0.31%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                         | Synchrony Financial                                                              | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400935.04    | 0.63%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KRUNG THAI BANK/CAYMAN                      | Krung Thai Bank PCL/Cayman Islands                                               | CUSIP: 000000000<br>LEI: 54930007ZQMYCRFQGE36 | Long             | DBT              | CORP              | TH        |    200000 | PA      | $185800.00    | 0.29%             | N/A             | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                         | Gray Television Inc                                                              | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    255000 | PA      | $188433.53    | 0.30%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                    | Kaisa Group Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $37385.60     | 0.06%             | 2023-01-30      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                  | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9703.41     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Asurion LLC                                 | Asurion LLC                                                                      | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    299250 | PA      | $284170.79    | 0.45%             | 2028-08-18      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| MOVIDA EUROPE SA                            | Movida Europe SA                                                                 | CUSIP: 62459LAA7<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $146483.00    | 0.23%             | 2031-02-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                              | Home Depot Inc/The                                                               | CUSIP: 437076CM2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96430.14     | 0.15%             | 2025-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BBFI LIQUIDATING TRUST                      | BBFI Liquidating Trust                                                           | CUSIP: 07335VAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    532180 | PA      | $196906.60    | 0.31%             | 2099-12-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEL ENERGY VI SARL                          | FEL Energy VI Sarl                                                               | CUSIP: 30260LAA3<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | LU        |    762378 | PA      | $663238.17    | 1.04%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCING DAC                    | C&W Senior Financing DAC                                                         | CUSIP: 12674TAA4<br>LEI: 5493009O8OIWZPZRY516 | Long             | DBT              | CORP              | IE        |   1050000 | PA      | $1000513.50   | 1.57%             | 2027-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALFA DESARROLLO SPA                         | Alfa Desarrollo SpA                                                              | CUSIP: 01538TAA3<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |    219198 | PA      | $176043.41    | 0.28%             | 2051-09-27      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MIZRAHI TEFAHOT BANK LTD                    | Mizrahi Tefahot Bank Ltd                                                         | CUSIP: 000000000<br>LEI: YZO9YEGEO4VYDZMDWF93 | Long             | DBT              | CORP              | IL        |    650000 | PA      | $586787.50    | 0.92%             | 2031-04-07      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| MIC Glen LLC                                | MIC Glen LLC                                                                     | CUSIP: 55304PAE1<br>LEI: 549300XD843A2SP50882 | Long             | LON              | CORP              | US        |    635000 | PA      | $577850.00    | 0.91%             | 2029-07-20      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| WEIBO CORP                                  | Weibo Corp                                                                       | CUSIP: 948596AE1<br>LEI: 549300Q9ID4640FE0422 | Long             | DBT              | CORP              | KY        |    650000 | PA      | $543605.27    | 0.85%             | 2030-07-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                    | Altice France Holding SA                                                         | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $172081.00    | 0.27%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| PROSUS NV                                   | Prosus NV                                                                        | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $154526.51    | 0.24%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                              | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    160000 | PA      | $156011.41    | 0.24%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                         | American Tower Corp                                                              | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189928.67    | 0.30%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MEXICO GENERADORA DE ENE                    | Mexico Generadora de Energia S de rl                                             | CUSIP: 592838AA4<br>LEI: 635400GBINBYW1VUAD14 | Long             | DBT              | CORP              | MX        |    191380 | PA      | $186858.66    | 0.29%             | 2032-12-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| QNB FINANCE LTD                             | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $233953.75    | 0.37%             | 2027-02-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                   | Prosus NV                                                                        | CUSIP: 74365PAE8<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $130660.41    | 0.20%             | 2051-02-08      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| CIKARANG LISTRINDO PT                       | Cikarang Listrindo Tbk PT                                                        | CUSIP: 000000000<br>LEI: 254900NPCIO562Z7FN53 | Long             | DBT              | CORP              | ID        |    400000 | PA      | $378957.30    | 0.59%             | 2026-09-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CBQ FINANCE LTD                             | CBQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800FNEMX56U9OHK56 | Long             | DBT              | CORP              | BM        |    300000 | PA      | $277707.30    | 0.44%             | 2025-09-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD                    | Israel Electric Corp Ltd                                                         | CUSIP: 000000000<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |    300000 | PA      | $268305.30    | 0.42%             | 2032-02-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                      | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAB7<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     70000 | PA      | $69188.98     | 0.11%             | 2040-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                | SK Hynix Inc                                                                     | CUSIP: 78392BAF4<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $203008.16    | 0.32%             | 2033-01-17      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| KIA CORP                                    | Kia Corp                                                                         | CUSIP: 493738AD0<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |    420000 | PA      | $391753.62    | 0.61%             | 2026-04-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                              | Synchrony Bank                                                                   | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249114.63    | 0.39%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PROMIGAS/GASES PACIFICO                     | Promigas SA ESP / Gases del Pacifico SAC                                         | CUSIP: 74348DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    200000 | PA      | $167066.00    | 0.26%             | 2029-10-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MINEJESA CAPITAL BV                         | Minejesa Capital BV                                                              | CUSIP: 602736AB6<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    635000 | PA      | $551586.40    | 0.86%             | 2037-08-10      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SUMMIT DIGITEL INFRASTR                     | Summit Digitel Infrastructure Ltd                                                | CUSIP: 86608CAA6<br>LEI: 3358004TNI1SSIQ9BQ37 | Long             | DBT              | CORP              | IN        |    425000 | PA      | $339653.97    | 0.53%             | 2031-08-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                      | UnitedHealth Group Inc                                                           | CUSIP: 91324PEG3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98390.91     | 0.15%             | 2027-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| COUNTRY GARDEN HLDGS                        | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $352335.63    | 0.55%             | 2031-01-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                       | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $346029.25    | 0.54%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                          | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $113305.80    | 0.18%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SIERRACOL ENRGY ANDINA                      | SierraCol Energy Andina LLC                                                      | CUSIP: 82653LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $165260.88    | 0.26%             | 2028-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                             | Sands China Ltd                                                                  | CUSIP: 80007RAS4<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $334993.40    | 0.52%             | 2031-08-08      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MAF GLOBAL SECURITIES                       | MAF Global Securities Ltd                                                        | CUSIP: 000000000<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $208609.80    | 0.33%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                              | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     45000 | PA      | $41350.73     | 0.06%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                              | Trust Fibra Uno                                                                  | CUSIP: 898339AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    210000 | PA      | $184811.55    | 0.29%             | 2050-01-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| SITIOS LATINOAMERICA                        | Sitios Latinoamerica SAB de CV                                                   | CUSIP: 03217KAB4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    710000 | PA      | $662912.80    | 1.04%             | 2032-04-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                     | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    310000 | PA      | $290625.00    | 0.46%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                    | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $519148.50    | 0.81%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                              | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    165000 | PA      | $132304.19    | 0.21%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                    | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204753.00    | 0.32%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY UP                       | Adani Green Energy UP Ltd / Prayatna Developers Pvt Ltd / Parampujya Solar Energ | CUSIP: 00654AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    200000 | PA      | $186900.43    | 0.29%             | 2024-12-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                             | Cemex SAB de CV                                                                  | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    830000 | PA      | $764720.50    | 1.20%             | N/A             | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.             | CDS CDX.NA.HY.39.V1                                                              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-21146.73    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CHILE ELEC PEC SPA                          | Chile Electricity PEC SpA                                                        | CUSIP: 168831AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    460000 | PA      | $348120.88    | 0.55%             | 2028-01-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                     | Mexican Bonos                                                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1600000 | PA      | $83185.90     | 0.13%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                              | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    360000 | PA      | $299316.76    | 0.47%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     70000 | PA      | $48660.17     | 0.08%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NAKILAT INC                                 | Nakilat Inc                                                                      | CUSIP: 62983PAA3<br>LEI: 2549006RMTDJWLLWF072 | Long             | DBT              | CORP              | MH        |    312134 | PA      | $330176.53    | 0.52%             | 2033-12-31      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                     | America Movil SAB de CV                                                          | CUSIP: 02364WBK0<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $197475.00    | 0.31%             | 2032-07-21      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                | Ecopetrol SA                                                                     | CUSIP: 279158AL3<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    270000 | PA      | $261242.55    | 0.41%             | 2026-06-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GRUPO AXO SA DE CV                          | Grupo Axo SAPI de CV                                                             | CUSIP: 40054MAA0<br>LEI: 4469000001BNKIG58H20 | Long             | DBT              | CORP              | MX        |    420000 | PA      | $371652.50    | 0.58%             | 2026-06-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                              | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $196242.50    | 0.31%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ODEBRECHT OIL & FINANCE                     | Odebrecht Oil & Gas Finance Ltd                                                  | CUSIP: 67576JAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     98900 | PA      | $98.90        | 0.00%             | N/A             | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NBK TIER 1 FNC LTD                          | NBK Tier 1 Ltd                                                                   | CUSIP: 62879NAA5<br>LEI: 5493000G4QCCEE8YHF19 | Long             | DBT              | CORP              | AE        |    290000 | PA      | $258492.95    | 0.40%             | N/A             | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                              | Bancolombia SA                                                                   | CUSIP: 05968LAL6<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    400000 | PA      | $365002.00    | 0.57%             | 2029-12-18      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COMETA ENERGIA SA                           | Cometa Energia SA de CV                                                          | CUSIP: 20039FAA7<br>LEI: 5493007L8UH7TYXKI505 | Long             | DBT              | CORP              | MX        |    188540 | PA      | $184313.27    | 0.29%             | 2035-04-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                              | Trust Fibra Uno                                                                  | CUSIP: 898339AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    200000 | PA      | $183878.00    | 0.29%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                    | Kaisa Group Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $37079.78     | 0.06%             | 2023-09-28      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                    | Adani Electricity Mumbai Ltd                                                     | CUSIP: 00654GAB9<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $142081.50    | 0.22%             | 2031-07-22      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                      | Bimbo Bakeries USA Inc                                                           | CUSIP: 09031WAA1<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $161312.13    | 0.25%             | 2051-05-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK DE MEXICO                    | Kimberly-Clark de Mexico SAB de CV                                               | CUSIP: 494386AC9<br>LEI: 549300JGHL56QT00KT54 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $192743.00    | 0.30%             | 2025-03-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                     | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    285000 | PA      | $256055.40    | 0.40%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VTR COMUNICACIONES SPA                      | VTR Comunicaciones SpA                                                           | CUSIP: 918367AC7<br>LEI: 213800XDZJKMC1AEUV94 | Long             | DBT              | CORP              | CL        |    400000 | PA      | $264000.00    | 0.41%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SAUDI TELECOM CO                            | Saudi Telecom Co                                                                 | CUSIP: 000000000<br>LEI: 21380028ATJ79OTA9W17 | Long             | DBT              | CORP              | SA        |    300000 | PA      | $292501.50    | 0.46%             | 2029-05-13      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                     | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZV9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    115000 | PA      | $116726.86    | 0.18%             | 2024-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GREENKO POWER II LTD                        | Greenko Power II Ltd                                                             | CUSIP: 39530MAA6<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |    191000 | PA      | $165110.04    | 0.26%             | 2028-12-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA SPAIN SLU                     | AI Candelaria Spain SA                                                           | CUSIP: 00870WAA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |    360000 | PA      | $280819.30    | 0.44%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                    | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196392.63    | 0.31%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PAMPA ENERGIA SA                            | Pampa Energia SA                                                                 | CUSIP: 697660AD0<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |         1 | PA      | $0.81         | 0.00%             | 2026-12-08      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                      | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202000.00    | 0.32%             | 2026-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                     | Dell International LLC / EMC Corp                                                | CUSIP: 24703DBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $399969.78    | 0.63%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                            | Lenovo Group Ltd                                                                 | CUSIP: 526250AE5<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $206161.57    | 0.32%             | 2032-07-27      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| 1MDB GLOBAL INVESTMENTS                     | 1MDB Global Investments Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | VG        |   2000000 | PA      | $1963558.56   | 3.08%             | 2023-03-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STAR ENERGY CO ISSUE                        | Star Energy Geothermal Darajat II / Star Energy Geothermal Salak                 | CUSIP: 85513LAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    720000 | PA      | $626593.24    | 0.98%             | 2038-10-14      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                       | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101749.00    | 0.16%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.             | CDS REPUBLIC OF PERU                                                             | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $5080.06      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CIKARANG LISTRINDO PT                       | Cikarang Listrindo Tbk PT                                                        | CUSIP: 536576AD3<br>LEI: 254900NPCIO562Z7FN53 | Long             | DBT              | CORP              | ID        |    400000 | PA      | $378957.30    | 0.59%             | 2026-09-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                       | Vale Overseas Ltd                                                                | CUSIP: 91911TAP8<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    118000 | PA      | $122911.75    | 0.19%             | 2026-08-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE BUENOS AIRE                    | Provincia de Buenos Aires/Government Bonds                                       | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    255000 | PA      | $72037.50     | 0.11%             | 2037-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                         | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167741.04    | 0.26%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.             | CDS FEDERATIVE REPUBLIC OF BRAZIL                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $24980.71     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SWEIHAN PV POWER CO PJSC                    | Sweihan PV Power Co PJSC                                                         | CUSIP: 870674AA6<br>LEI: 353800EF1E1IC18GBC48 | Long             | DBT              | CORP              | AE        |    307895 | PA      | $258521.35    | 0.40%             | 2049-01-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SUMMIT MID HLDS LLC / FI                    | Summit Midstream Holdings LLC / Summit Midstream Finance Corp                    | CUSIP: 86614WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97500.00     | 0.15%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ENERGEAN PLC                                | Energean PLC                                                                     | CUSIP: 29280EAA7<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $188293.80    | 0.29%             | 2027-04-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOHL CAPITAL LTD                            | Gohl Capital Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900TF7OK6KSDZA888 | Long             | DBT              | CORP              | IM        |    200000 | PA      | $183829.07    | 0.29%             | 2027-01-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA SPAIN SLU                     | AI Candelaria Spain SA                                                           | CUSIP: 001355AA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |    235417 | PA      | $224315.48    | 0.35%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                                                      | CUSIP: 912796ZD4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    550000 | PA      | $529482.04    | 0.83%             | 2023-11-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                | Kookmin Bank                                                                     | CUSIP: 50050GAN8<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $164785.77    | 0.26%             | 2030-11-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                           | Vedanta Resources Finance II PLC                                                 | CUSIP: 92243XAE1<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    455000 | PA      | $365817.73    | 0.57%             | 2025-03-11      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-29

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer