# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001145549-25-057162
**Filing Date:** 2025-8
**Character Count:** 134140
**Document Hash:** bfd4d90fd1c3c2ef412efe415ef66556
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057162.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057162

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030

**ORGANIZATION NAME:**
- **EIN:** 566415270
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05037
- **FILM NUMBER:** 251278815

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-218-3770

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVONDALE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19910529

## Series and Classes Contracts Data

### Muzinich Dynamic Income Fund (Series ID: S000036430)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000111442 | Institutional Shares       | MZCIX           |
| C000111443 | Supra Institutional Shares | MZCSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Professionally Managed Portfolios

- **b. Investment Company Act file number:** 811-05037

- **c. CIK number of Registrant:** 0000811030

- **d. LEI of Registrant:** 254900BPISCYGRJD2727

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1523

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

- **a. Name of Series:** Muzinich Dynamic Income Fund

- **b. EDGAR series identifier (if any):** S000036430

- **c. LEI of Series:** 549300O2AV4E7LEYJX07

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

- **a. Date of fiscal year-end:** 2025-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $166675778.83

**Total Liabilities:** $6260452.66

**Net Assets:** $160415326.17

**Delayed Delivery Securities:** $3336998.96

**Cash Not Reported:** $3767203.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 256.910669000000 | **1-Year:** 6807.104761000000 | **5-Year:** 19842.392994000000 | **10-Year:** 20518.994994000000 | **30-Year:** 12696.169904000000

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

- **3-Month:** 1475.281955000000 | **1-Year:** 7066.530634000000 | **5-Year:** 3906.728892000000 | **10-Year:** 1120.761586000000 | **30-Year:** 91.673050000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000111442 | 0.10%                | 0.41%                | 1.46%                |
| Class ID C000111443 | 0.21%                | 0.41%                | 1.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-243104.45              | $2568878.59                                |
| Month 2  | $53357.53                | $303909.88                                 |
| Month 3  | $1609511.77              | $2794594.97                                |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** JT3S360ILK

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WESCO DISTRIBUTION INC         | WESCO Distribution Inc                                                          | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77598.23     | 0.05%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE         | Westinghouse Air Brake Technologies Corp                                        | CUSIP: 960386AS9<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    450000 | PA      | $456382.45    | 0.28%             | 2030-05-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                 | Whirlpool Corp                                                                  | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226919.84    | 0.14%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                 | Whirlpool Corp                                                                  | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301101.77    | 0.19%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC          | Williams Scotsman Inc                                                           | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    225000 | PA      | $233899.20    | 0.15%             | 2030-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                       | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53366.45     | 0.03%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                  | ZF North America Capital Inc                                                    | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    325000 | PA      | $318088.26    | 0.20%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| WINTERSHALL DEA FIN 2BV        | Wintershall Dea Finance 2 BV                                                    | CUSIP: BN5129406<br>LEI: 529900DV88FUQZSVVL48 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $332433.06    | 0.21%             | 2028-07-20      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| ZURICH FINANCE IRELAND         | Zurich Finance Ireland Designated Activity Co                                   | CUSIP: BY4737247<br>LEI: 549300E0FVHYR37EGX65 | Long             | DBT              | CORP              | IE        |    300000 | PA      | $404340.72    | 0.25%             | 2052-11-23      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| WERFEN SA/SPAIN                | Werfen SA/Spain                                                                 | CUSIP: ZB6553570<br>LEI: 9598003BHZ02SG7LKD16 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $492038.97    | 0.31%             | 2030-05-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS          | Bread Financial Holdings Inc                                                    | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53882.10     | 0.03%             | 2029-03-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                   | Broadcom Inc                                                                    | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    375000 | PA      | $335223.09    | 0.21%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                   | Broadcom Inc                                                                    | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    525000 | PA      | $443227.12    | 0.28%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC              | Brown & Brown Inc                                                               | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    675000 | PA      | $688366.64    | 0.43%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP            | Buckeye Partners LP                                                             | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    175000 | PA      | $181786.83    | 0.11%             | 2030-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP         | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $400102.80    | 0.25%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI       | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                 | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    475000 | PA      | $476113.88    | 0.30%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                   | Calpine Corp                                                                    | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    850000 | PA      | $849456.09    | 0.53%             | 2028-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP           | Capstone Copper Corp                                                            | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $76844.93     | 0.05%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC            | Cardinal Health Inc                                                             | CUSIP: 14149YBS6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    575000 | PA      | $586622.48    | 0.37%             | 2034-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    500000 | PA      | $505526.68    | 0.32%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    300000 | PA      | $307137.60    | 0.19%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC       | Boost Newco Borrower LLC                                                        | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |    925000 | PA      | $982586.80    | 0.61%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                        | BPCE SA                                                                         | CUSIP: BR7719148<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $459495.60    | 0.29%             | 2042-01-13      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                   | CaixaBank SA                                                                    | CUSIP: ZK7618273<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    800000 | PA      | $1027315.80   | 0.64%             | 2034-05-30      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| CATHAYLIFE SINGAPORE           | Cathaylife Singapore Pte Ltd                                                    | CUSIP: YX9486615<br>LEI: 254900XS5E0JG85JTY26 | Long             | DBT              | CORP              | SG        |    850000 | PA      | $874733.85    | 0.55%             | 2034-07-05      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS BV          | BP Capital Markets BV                                                           | CUSIP: ZK5584881<br>LEI: 7245003VD7E4T30HJD24 | Long             | DBT              | CORP              | NL        |    510000 | PA      | $629226.69    | 0.39%             | 2035-05-12      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI       | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                 | CUSIP: YU6713868<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    475000 | PA      | $576529.31    | 0.36%             | 2032-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                            | CHF/USD FWD 20250917                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-17007.94    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | EUR/USD FWD 20250917                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-1559036.00  | -0.97%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | EUR/USD FWD 20250917                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $32504.33     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GBP/USD FWD 20250917                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-170422.46   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| CENCOSUD SA                    | Cencosud SA                                                                     | CUSIP: YX2895283<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |    620000 | PA      | $640285.78    | 0.40%             | 2031-05-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BAYERISCHE LANDESBANK          | Bayerische Landesbank                                                           | CUSIP: BQ0610080<br>LEI: VDYMYTQGZZ6DU0912C88 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $689827.90    | 0.43%             | 2031-09-23      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| BAYER AG                       | Bayer AG                                                                        | CUSIP: ZH0180542<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $634700.74    | 0.40%             | 2083-09-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BARRY CALLEBAUT SVCS NV        | Barry Callebaut Services NV                                                     | CUSIP: YR4094805<br>LEI: 213800R1F1EJYM4ICO85 | Long             | DBT              | CORP              | BE        |    100000 | PA      | $118591.59    | 0.07%             | 2031-08-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD         | AS Mileage Plan IP Ltd                                                          | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     75000 | PA      | $73829.70     | 0.05%             | 2031-10-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    275000 | PA      | $281456.42    | 0.18%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    575000 | PA      | $613708.37    | 0.38%             | 2030-09-30      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    250000 | PA      | $249411.80    | 0.16%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO        | Allied Universal Holdco LLC                                                     | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    550000 | PA      | $575333.00    | 0.36%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC             | Ally Financial Inc                                                              | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    325000 | PA      | $330805.16    | 0.21%             | 2029-05-15      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC           | Alpha Generation LLC                                                            | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    550000 | PA      | $567065.40    | 0.35%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP            | American Tower Corp                                                             | CUSIP: 03027XCH1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    650000 | PA      | $669662.36    | 0.42%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES              | Amsted Industries Inc                                                           | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254332.75    | 0.16%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC         | AngloGold Ashanti Holdings PLC                                                  | CUSIP: 03512TAB7<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |    400000 | PA      | $412153.44    | 0.26%             | 2040-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV        | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                     | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $341761.20    | 0.21%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC            | Axon Enterprise Inc                                                             | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154938.90    | 0.10%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                 | Azorra Finance Ltd                                                              | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $255719.77    | 0.16%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD / MARTINI BV       | Bacardi Ltd / Bacardi-Martini BV                                                | CUSIP: 05635JAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    475000 | PA      | $481894.84    | 0.30%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                 | Bancolombia SA                                                                  | CUSIP: 05968LAK8<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    500000 | PA      | $514614.00    | 0.32%             | 2027-10-18      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                   | Barclays PLC                                                                    | CUSIP: 06738ECY9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    825000 | PA      | $842572.62    | 0.53%             | 2031-02-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Resources Inc                                                           | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    400000 | PA      | $395171.68    | 0.25%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS       | Cheniere Energy Partners LP                                                     | CUSIP: 16411QAV3<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    425000 | PA      | $428691.76    | 0.27%             | 2035-10-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN       | Clarios Global LP / Clarios US Finance Co                                       | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $155746.50    | 0.10%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                   | Comcast Corp                                                                    | CUSIP: 20030NEK3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    325000 | PA      | $316657.06    | 0.20%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE       | Connect Finco SARL / Connect US Finco LLC                                       | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    450000 | PA      | $452874.60    | 0.28%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC        | Consolidated Edison Co of New York Inc                                          | CUSIP: 209111GN7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    650000 | PA      | $631795.87    | 0.39%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC       | Constellation Brands Inc                                                        | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    600000 | PA      | $605156.12    | 0.38%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                        | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    375000 | PA      | $378740.76    | 0.24%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ABJA INVESTMENT CO             | ABJA Investment Co Pte Ltd                                                      | CUSIP: AQ8490791<br>LEI: 254900E6OE5YJ9WCCU19 | Long             | DBT              | CORP              | SG        |    612000 | PA      | $619751.32    | 0.39%             | 2028-01-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO       | Jaguar Land Rover Automotive PLC                                                | CUSIP: BQ4561552<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $357738.51    | 0.22%             | 2028-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                | JAB Holdings BV                                                                 | CUSIP: ZB4918569<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $720114.11    | 0.45%             | 2034-04-25      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                  | AIB Group PLC                                                                   | CUSIP: ZO6167829<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |    730000 | PA      | $858547.99    | 0.54%             | 2031-05-30      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| COMMERZBANK AG                 | Commerzbank AG                                                                  | CUSIP: BJ7568337<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $236219.71    | 0.15%             | 2030-12-05      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| AMBER FINCO PLC                | Amber Finco PLC                                                                 | CUSIP: YW0842586<br>LEI: 9845004C0870D380O790 | Long             | DBT              | CORP              | GB        |    225000 | PA      | $277801.17    | 0.17%             | 2029-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BANCO BPM SPA                  | Banco BPM SpA                                                                   | CUSIP: YV5288548<br>LEI: 815600E4E6DCD2D25E30 | Long             | DBT              | CORP              | IT        |    690000 | PA      | $831792.87    | 0.52%             | 2030-09-09      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| COMMERZBANK AG                 | Commerzbank AG                                                                  | CUSIP: BR5518542<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $690048.77    | 0.43%             | 2031-12-29      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| AA BOND CO LTD                 | AA Bond Co Ltd                                                                  | CUSIP: YX0701244<br>LEI: 2138002EPF6QVRZBMC58 | Long             | DBT              | CORP              | JE        |    250000 | PA      | $356070.35    | 0.22%             | 2031-07-31      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV               | ABN AMRO Bank NV                                                                | CUSIP: ZN4071686<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $615836.99    | 0.38%             | 2033-02-22      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BANCO DE SABADELL SA           | Banco de Sabadell SA                                                            | CUSIP: BS3554588<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $708980.72    | 0.44%             | 2027-05-19      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ATHORA NETHERLANDS             | Athora Netherlands NV                                                           | CUSIP: BW7617713<br>LEI: 724500MKKXKEVWMN9E13 | Long             | DBT              | CORP              | NL        |    475000 | PA      | $577730.46    | 0.36%             | 2032-08-31      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                    | Aker BP ASA                                                                     | CUSIP: YX2460336<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    730000 | PA      | $867118.46    | 0.54%             | 2032-05-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ABERTIS FINANCE BV             | Abertis Infraestructuras Finance BV                                             | CUSIP: YT3449469<br>LEI: 5493007WHKI5H75YJ358 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $241333.21    | 0.15%             | 2029-11-28      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| ARBEJDERNES LANDSBANK          | Arbejdernes Landsbank AS                                                        | CUSIP: YR7954617<br>LEI: 549300D6BJ7XOO03RR69 | Long             | DBT              | CORP              | DK        |    400000 | PA      | $474476.35    | 0.30%             | 2030-03-05      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP          | Bank of Ireland Group PLC                                                       | CUSIP: ZB8428458<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |    330000 | PA      | $404480.22    | 0.25%             | 2034-08-10      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| IREN SPA                       | Iren SpA                                                                        | CUSIP: YV8372059<br>LEI: 8156001EBD33FD474E60 | Long             | DBT              | CORP              | IT        |    440000 | PA      | $520203.02    | 0.32%             | 2033-09-23      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COMMERZBANK AG                 | Commerzbank AG                                                                  | CUSIP: ZB2769915<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $122974.51    | 0.08%             | 2034-10-16      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| ITM ENTREPRISES SASU           | ITM Entreprises SASU                                                            | CUSIP: YS7922786<br>LEI: 969500LMMR83QL6TLK43 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $598672.51    | 0.37%             | 2030-01-29      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL         | Banque Federative du Credit Mutuel SA                                           | CUSIP: YS4875425<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $716541.80    | 0.45%             | 2035-01-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| IPSOS SA                       | IPSOS SA                                                                        | CUSIP: YS6003745<br>LEI: 9695002OY2X35E9X8W87 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $239346.71    | 0.15%             | 2030-01-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BARRY CALLEBAUT SVCS NV        | Barry Callebaut Services NV                                                     | CUSIP: YR4094797<br>LEI: 213800R1F1EJYM4ICO85 | Long             | DBT              | CORP              | BE        |    200000 | PA      | $237888.87    | 0.15%             | 2028-02-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV               | ABN AMRO Bank NV                                                                | CUSIP: AP3241647<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $587946.00    | 0.37%             | 2027-09-22      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| APPLE INC                      | Apple Inc                                                                       | CUSIP: 037833BK5<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    375000 | PA      | $419382.69    | 0.26%             | 2042-07-31      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX          | Chile Electricity Lux Mpc II Sarl                                               | CUSIP: YU3605620<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    488752 | PA      | $490951.89    | 0.31%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| CONSTANT CONTACT INC           | Constant Contact Inc                                                            | CUSIP: 21031HAC5<br>LEI: 2549000JW50H0AI5B946 | Long             | LON              | CORP              | US        |        12 | PA      | $11.30        | 0.00%             | 2028-02-10      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| ARCOS DORADOS BV               | Arcos Dorados BV                                                                | CUSIP: YS9376346<br>LEI: 549300T91OYP6I7P8G39 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $415100.00    | 0.26%             | 2032-01-29      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                    | Corp Nacional del Cobre de Chile                                                | CUSIP: ZI7610267<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    500000 | PA      | $510766.70    | 0.32%             | 2034-01-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                    | Corp Nacional del Cobre de Chile                                                | CUSIP: ZF5270862<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    300000 | PA      | $314484.56    | 0.20%             | 2036-01-26      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Aqueduct European CLO          | Aqueduct European CLO 10 DAC                                                    | CUSIP: BCC3JS9Z6<br>LEI: 635400SCIIZBJOEMZP09 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1177368.57   | 0.73%             | 2039-01-18      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| Ares Euro CLO                  | Ares European CLO XXI DAC                                                       | CUSIP: BCC3KLMG6<br>LEI: 254900REPQKNP1XRDH75 | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $824567.40    | 0.51%             | 2038-04-15      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| Avoca CLO                      | Avoca CLO XXXII DAC                                                             | CUSIP: BCC3L27G4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $822245.41    | 0.51%             | 2039-04-15      | Floating      | 3.33%                 | No            |                  2 | On Loan: No      |
| HCA INC                        | HCA Inc                                                                         | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    625000 | PA      | $556859.54    | 0.35%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC              | Herc Holdings Inc                                                               | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104457.01    | 0.07%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HESS CORP                      | Hess Corp                                                                       | CUSIP: 42809HAD9<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248836.67    | 0.16%             | 2041-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $304668.60    | 0.19%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HEATHROW FINANCE PLC           | Heathrow Finance PLC                                                            | CUSIP: AN7380107<br>LEI: 549300F740QSGMPHQJ60 | Long             | DBT              | CORP              | GB        |    550000 | PA      | $732967.12    | 0.46%             | 2027-03-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| HEIMSTADEN BOSTAD AB           | Heimstaden Bostad AB                                                            | CUSIP: ZP4820616<br>LEI: 549300TJR3PR8EXILG79 | Long             | DBT              | CORP              | SE        |    150000 | PA      | $174686.22    | 0.11%             | 2026-01-21      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER       | Harley-Davidson Financial Services Inc                                          | CUSIP: YQ0121158<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |    175000 | PA      | $207915.13    | 0.13%             | 2030-03-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HEIMSTADEN BOSTAD TRESRY       | Heimstaden Bostad Treasury BV                                                   | CUSIP: BR8196791<br>LEI: 549300ORG6UYMJBCV938 | Long             | DBT              | CORP              | NL        |    440000 | PA      | $489109.87    | 0.30%             | 2028-04-13      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HAMMERSON PLC                  | Hammerson PLC                                                                   | CUSIP: YU1401469<br>LEI: 213800G1C9KKVVDN1A60 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $542377.75    | 0.34%             | 2036-10-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    471000 | PA      | $480227.36    | 0.30%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST       | Service Properties Trust                                                        | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495711.65    | 0.31%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU       | Sinclair Television Group Inc                                                   | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126621.25    | 0.08%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SNAP INC                       | Snap Inc                                                                        | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76972.28     | 0.05%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI       | Standard Building Solutions Inc                                                 | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    775000 | PA      | $794633.80    | 0.50%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH            | Suzano Austria GmbH                                                             | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    500000 | PA      | $468633.20    | 0.29%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                    | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $248679.75    | 0.16%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                    | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $319206.65    | 0.20%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STELLANTIS NV                  | Stellantis NV                                                                   | CUSIP: BV5714795<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |    325000 | PA      | $355188.14    | 0.22%             | 2032-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC         | Standard Chartered PLC                                                          | CUSIP: BO6068908<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    580000 | PA      | $667452.47    | 0.42%             | 2031-09-23      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN        | Shell International Finance BV                                                  | CUSIP: ZO3159845<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $494230.49    | 0.31%             | 2052-09-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| RRE Loan Management            | RRE 24 Loan Management DAC                                                      | CUSIP: BCC3KYT30<br>LEI: 254900LRUE7XQKHDTD72 | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $821377.15    | 0.51%             | 2040-04-15      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| ROTHESAY LIFE                  | Rothesay Life PLC                                                               | CUSIP: YX4981818<br>LEI: MFQO711J5UPYBWXSPG12 | Long             | DBT              | CORP              | GB        |    310000 | PA      | $445176.18    | 0.28%             | 2034-12-10      | Fixed         | 7.02%                 | No            |                  2 | On Loan: No      |
| STEDIN HOLDING NV              | Stedin Holding NV                                                               | CUSIP: YR2017774<br>LEI: 724500R5IP6TFKTNRU48 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $289117.77    | 0.18%             | 2037-02-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TAG IMMOBILIEN AG              | TAG Immobilien AG                                                               | CUSIP: YV3496887<br>LEI: 529900TAE68USJNXLR59 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $362890.13    | 0.23%             | 2030-03-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP            | SoftBank Group Corp                                                             | CUSIP: YX9778573<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    800000 | PA      | $817608.42    | 0.51%             | 2029-07-08      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RUMO LUXEMBOURG SARL           | Rumo Luxembourg Sarl                                                            | CUSIP: BK3124298<br>LEI: 222100HOIQFT7YOSPB46 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $197826.10    | 0.12%             | 2028-01-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SITIOS LATINOAMERICA           | Sitios Latinoamerica SAB de CV                                                  | CUSIP: YT4236774<br>LEI: 984500D2C0CDC0BFDD35 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $510370.00    | 0.32%             | 2029-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                   | SK Hynix Inc                                                                    | CUSIP: ZM2585705<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |   1100000 | PA      | $1189735.03   | 0.74%             | 2033-01-17      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC          | PennyMac Financial Services Inc                                                 | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    550000 | PA      | $570258.70    | 0.36%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC          | PennyMac Financial Services Inc                                                 | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    400000 | PA      | $410500.00    | 0.26%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL           | Pentair Finance Sarl                                                            | CUSIP: 709629AS8<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |    375000 | PA      | $392105.23    | 0.24%             | 2032-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE       | Perrigo Finance Unlimited Co                                                    | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    575000 | PA      | $581056.48    | 0.36%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PHINIA INC                     | Phinia Inc                                                                      | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    650000 | PA      | $671607.95    | 0.42%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PHINIA INC                     | Phinia Inc                                                                      | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    400000 | PA      | $406320.00    | 0.25%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL       | Phoenix Aviation Capital Ltd                                                    | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |    325000 | PA      | $336936.91    | 0.21%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                     | Pfizer Inc                                                                      | CUSIP: AQ4399426<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    575000 | PA      | $527574.06    | 0.33%             | 2043-06-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| PKO BANK POLSKI SA             | Powszechna Kasa Oszczednosci Bank Polski SA                                     | CUSIP: ZD8251401<br>LEI: P4GTT6GF1W40CVIMFR43 | Long             | DBT              | CORP              | PL        |    550000 | PA      | $663459.00    | 0.41%             | 2028-03-27      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| PRYSMIAN SPA                   | Prysmian SpA                                                                    | CUSIP: YT3439700<br>LEI: 529900X0H1IO3RS1A464 | Long             | DBT              | CORP              | IT        |    290000 | PA      | $348335.62    | 0.22%             | 2028-11-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PIRAEUS BANK SA                | Piraeus Bank SA                                                                 | CUSIP: YW2941840<br>LEI: 213800OYHR1MPQ5VJL60 | Long             | DBT              | CORP              | GR        |    225000 | PA      | $276269.50    | 0.17%             | 2029-07-17      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| PINEWOOD FINCO PLC             | Pinewood Finco PLC                                                              | CUSIP: ZD6875615<br>LEI: 984500EF3F7CA63ND769 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $408114.19    | 0.25%             | 2030-03-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC          | Level 3 Financing Inc                                                           | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    325000 | PA      | $330862.81    | 0.21%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC           | LifePoint Health Inc                                                            | CUSIP: 53219LAY5<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    450000 | PA      | $479997.90    | 0.30%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PSEG POWER LLC                 | PSEG Power LLC                                                                  | CUSIP: 69362BBE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $772825.09    | 0.48%             | 2035-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC          | Quikrete Holdings Inc                                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    175000 | PA      | $180329.10    | 0.11%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC          | Quikrete Holdings Inc                                                           | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    325000 | PA      | $335554.70    | 0.21%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN       | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $205634.40    | 0.13%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN       | Raven Acquisition Holdings LLC                                                  | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $400538.96    | 0.25%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP             | Regal Rexnord Corp                                                              | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1056566.87   | 0.66%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| RENTOKIL TERMINIX LLC          | Rentokil Terminix Funding LLC                                                   | CUSIP: 760130AA2<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |    575000 | PA      | $579151.96    | 0.36%             | 2030-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENTOKIL TERMINIX LLC          | Rentokil Terminix Funding LLC                                                   | CUSIP: 760130AB0<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |    425000 | PA      | $431910.46    | 0.27%             | 2035-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                 | Rocket Cos Inc                                                                  | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $307061.09    | 0.19%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC            | Rocket Software Inc                                                             | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    750000 | PA      | $773532.75    | 0.48%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS        | US Acute Care Solutions LLC                                                     | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $387226.13    | 0.24%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC         | UnitedHealth Group Inc                                                          | CUSIP: 91324PFQ0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203968.17    | 0.13%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC         | UnitedHealth Group Inc                                                          | CUSIP: 91324PFR8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407299.52    | 0.25%             | 2055-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                  | CUSIP: 92212WAF7<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    340000 | PA      | $348487.67    | 0.22%             | 2030-05-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC         | Venture Global LNG Inc                                                          | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034368.82   | 0.64%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                                                      | CUSIP: 92343VGT5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405822.16    | 0.25%             | 2033-05-09      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                  | CUSIP: ZH9740353<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    250000 | PA      | $323937.19    | 0.20%             | 2083-11-15      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| RADIOTELEVISIONE ITALIAN       | RAI-Radiotelevisione Italiana SpA                                               | CUSIP: YW1072472<br>LEI: 815600C62B51478A5144 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $244796.39    | 0.15%             | 2029-07-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REWE INT FINANCE               | REWE International Finance BV                                                   | CUSIP: ZI7086278<br>LEI: 5299003XLG8J4YTHLX44 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $631651.96    | 0.39%             | 2030-09-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                  | CUSIP: YQ0595062<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    275000 | PA      | $325525.13    | 0.20%             | 2031-03-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| RCI BANQUE SA                  | RCI Banque SA                                                                   | CUSIP: ZD9251368<br>LEI: 96950001WI712W7PQG45 | Long             | DBT              | CORP              | FR        |    275000 | PA      | $330815.72    | 0.21%             | 2031-04-04      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| REDEXIS SA                     | Redexis SA                                                                      | CUSIP: YX1894790<br>LEI: 635400DYWVUY8IC5MR90 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $484145.45    | 0.30%             | 2031-05-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ravensdale Park CLO DAC        | Ravensdale Park CLO DAC                                                         | CUSIP: BCC3KY2B1<br>LEI: 635400MNQH1BW5SAW895 | Long             | ABS-CBDO         | CORP              | IE        |    300000 | PA      | $352679.26    | 0.22%             | 2038-04-25      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                                                          | CUSIP: ZI6385002<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    670000 | PA      | $685173.66    | 0.43%             | 2028-09-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                                                          | CUSIP: YQ2512479<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $199696.66    | 0.12%             | 2035-04-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS Health Corp                                                                 | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    425000 | PA      | $437992.70    | 0.27%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS Health Corp                                                                 | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    550000 | PA      | $551401.40    | 0.34%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS Health Corp                                                                 | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258434.52    | 0.16%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| DCLI BIDCO LLC                 | Dcli Bidco LLC                                                                  | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |    475000 | PA      | $481709.38    | 0.30%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC               | DT Midstream Inc                                                                | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $459062.30    | 0.29%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC            | Delta Air Lines Inc                                                             | CUSIP: 247361A32<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    650000 | PA      | $654783.35    | 0.41%             | 2030-07-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC            | DENTSPLY SIRONA Inc                                                             | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201403.43    | 0.13%             | 2055-09-12      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA       | Embraer Netherlands Finance BV                                                  | CUSIP: 29082HAE2<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    470000 | PA      | $484769.75    | 0.30%             | 2035-02-11      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                                                              | CUSIP: 29273VBF6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    325000 | PA      | $320253.35    | 0.20%             | 2055-04-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER       | Enterprise Products Operating LLC                                               | CUSIP: 29379VCH4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    575000 | PA      | $555628.39    | 0.35%             | 2055-02-16      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund                                        | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   3524714 | NS      | $3524714.39   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    550000 | PA      | $501948.90    | 0.31%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    650000 | PA      | $675007.53    | 0.42%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298381.78    | 0.19%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST       | Fortress Transportation and Infrastructure Investors LLC                        | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    775000 | PA      | $801102.00    | 0.50%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE          | Fortress Intermediate 3 Inc                                                     | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |    950000 | PA      | $996303.95    | 0.62%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC          | Foundry JV Holdco LLC                                                           | CUSIP: 350930AC7<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    525000 | PA      | $552789.74    | 0.34%             | 2032-01-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC          | Foundry JV Holdco LLC                                                           | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    650000 | PA      | $667010.35    | 0.42%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC          | Foundry JV Holdco LLC                                                           | CUSIP: 350930AH6<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    425000 | PA      | $440149.15    | 0.27%             | 2036-01-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD          | Freedom Mortgage Holdings LLC                                                   | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125734.75    | 0.08%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC         | GE HealthCare Technologies Inc                                                  | CUSIP: 36266GAC1<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    450000 | PA      | $461192.07    | 0.29%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE       | Rockies Express Pipeline LLC                                                    | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104451.40    | 0.07%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP           | Targa Resources Corp                                                            | CUSIP: 87612GAF8<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    450000 | PA      | $483891.15    | 0.30%             | 2034-03-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EIRCOM FINANCE DAC             | eircom Finance DAC                                                              | CUSIP: ZQ2802283<br>LEI: 254900NA4DUH50UERM85 | Long             | DBT              | CORP              | IE        |    400000 | PA      | $465026.56    | 0.29%             | 2027-02-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA       | Electricite de France SA                                                        | CUSIP: ZO3863636<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $696749.06    | 0.43%             | 2026-12-15      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| EUROBANK SA                    | Eurobank SA                                                                     | CUSIP: YV8404118<br>LEI: 213800KGF4EFNUQKAT69 | Long             | DBT              | CORP              | GR        |    200000 | PA      | $241973.37    | 0.15%             | 2030-09-24      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TDF INFRASTRUCTURE SAS         | TDF Infrastructure SASU                                                         | CUSIP: ZJ7430219<br>LEI: 969500BWNQ1B0PI06I59 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $628108.99    | 0.39%             | 2028-07-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS         | Galaxy Pipeline Assets Bidco Ltd                                                | CUSIP: BM1514728<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |   1400000 | PA      | $1191962.59   | 0.74%             | 2036-03-31      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| CZECHOSLOVAK GROUP             | Czechoslovak Group AS                                                           | CUSIP: YN6489796<br>LEI: 315700SWFD7G70AVG768 | Long             | DBT              | CORP              | CZ        |    175000 | PA      | $209749.33    | 0.13%             | 2031-01-10      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| CTP NV                         | CTP NV                                                                          | CUSIP: ZF6572159<br>LEI: 3157000YTVO4TN65UM14 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $618028.31    | 0.39%             | 2030-02-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FIRST ABU DHABI BANK PJS       | First Abu Dhabi Bank PJSC                                                       | CUSIP: ZH0992771<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | DBT              | CORP              | AE        |    750000 | PA      | $773707.50    | 0.48%             | 2034-04-04      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV       | Flora Food Management BV                                                        | CUSIP: YX8021272<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $1077913.37   | 0.67%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROQUETTE FRERES SA             | Roquette Freres SA                                                              | CUSIP: YT1890235<br>LEI: 969500FO141C5967KC72 | Long             | DBT              | CORP              | FR        |    700000 | PA      | $820966.64    | 0.51%             | 2031-11-25      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| TDC NET AS                     | TDC Net A/S                                                                     | CUSIP: ZB6259624<br>LEI: 549300SH2G3R15Y3FX20 | Long             | DBT              | CORP              | DK        |    250000 | PA      | $308386.73    | 0.19%             | 2029-08-02      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| TDF INFRASTRUCTURE SAS         | TDF Infrastructure SASU                                                         | CUSIP: YU4958390<br>LEI: 969500BWNQ1B0PI06I59 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $477483.39    | 0.30%             | 2031-10-23      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG               | Deutsche Bank AG                                                                | CUSIP: YR3234949<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $236183.31    | 0.15%             | 2031-02-13      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| CURRENTA GROUP HOLDINGS        | Currenta Group Holdings Sarl                                                    | CUSIP: YO2560317<br>LEI: 222100SF79KCJKYUPE47 | Long             | DBT              | CORP              | LU        |    425000 | PA      | $512268.09    | 0.32%             | 2030-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE        | Dai-ichi Life Insurance Co Ltd/The                                              | CUSIP: YS4067668<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202314.80    | 0.13%             | 2035-01-16      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET       | Empresa Nacional del Petroleo                                                   | CUSIP: YW6350022<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |    325000 | PA      | $329218.83    | 0.21%             | 2034-07-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                | DAE Funding LLC                                                                 | CUSIP: BN5056963<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    900000 | PA      | $866550.86    | 0.54%             | 2028-03-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                  | CoreWeave Inc                                                                   | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    175000 | PA      | $179010.48    | 0.11%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC         | Cox Communications Inc                                                          | CUSIP: 224044CV7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    525000 | PA      | $488441.76    | 0.30%             | 2054-09-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE          | United Parcel Service Inc                                                       | CUSIP: 911312CE4<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389127.75    | 0.24%             | 2054-05-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $563668.60    | 0.35%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                  | UniCredit SpA                                                                   | CUSIP: BG0391683<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    500000 | PA      | $579037.73    | 0.36%             | 2027-06-03      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HLDG       | ContourGlobal Power Holdings SA                                                 | CUSIP: YS7922406<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    500000 | PA      | $595172.75    | 0.37%             | 2030-02-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                  | UniCredit SpA                                                                   | CUSIP: AN9410704<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    600000 | PA      | $604869.74    | 0.38%             | 2032-06-19      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI       | HLF Financing Sarl LLC / Herbalife International Inc                            | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $546705.50    | 0.34%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBT5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    775000 | PA      | $770833.79    | 0.48%             | 2029-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    575000 | PA      | $558338.36    | 0.35%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                 | Home Depot Inc/The                                                              | CUSIP: 437076DE9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    325000 | PA      | $329128.92    | 0.21%             | 2034-06-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP           | Beacon Mobility Corp                                                            | CUSIP: 073644AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $280895.90    | 0.18%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC               | Berry Global Inc                                                                | CUSIP: 08576PAQ4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    675000 | PA      | $696858.28    | 0.43%             | 2034-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                                             | CUSIP: 46647PEQ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    650000 | PA      | $652040.90    | 0.41%             | 2030-10-22      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO       | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Inc / JBS USA Food Co   | CUSIP: 472140AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $225913.30    | 0.14%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO       | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Inc / JBS USA Food Co   | CUSIP: 472140AG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $854114.00    | 0.53%             | 2056-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO       | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Inc / JBS USA Food Co   | CUSIP: 472140AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $251462.06    | 0.16%             | 2066-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC       | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBB8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    200000 | PA      | $163000.00    | 0.10%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD            | NCL Corp Ltd                                                                    | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    350000 | PA      | $358522.15    | 0.22%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                     | Nasdaq Inc                                                                      | CUSIP: 63111XAJ0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    725000 | PA      | $756557.26    | 0.47%             | 2034-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                   | Novelis Corp                                                                    | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155421.84    | 0.10%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                      | Olin Corp                                                                       | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295257.24    | 0.18%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC              | OneSky Flight LLC                                                               | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |    350000 | PA      | $364751.10    | 0.23%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                                                     | CUSIP: 68389XBG9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    750000 | PA      | $587989.36    | 0.37%             | 2055-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                    | Paychex Inc                                                                     | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    475000 | PA      | $486578.44    | 0.30%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC          | PennyMac Financial Services Inc                                                 | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159393.45    | 0.10%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VOC ESCROW LTD                 | VOC Escrow Ltd                                                                  | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    400000 | PA      | $398159.32    | 0.25%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS        | VistaJet Malta Finance PLC / Vista Management Holding Inc                       | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | MT        |    775000 | PA      | $780449.03    | 0.49%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                        | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    500000 | PA      | $549369.00    | 0.34%             | 2033-10-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC              | Waste Pro USA Inc                                                               | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78026.85     | 0.05%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FIN NV         | Volkswagen International Finance NV                                             | CUSIP: AT2144349<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118200.97    | 0.07%             | 2028-06-27      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| VIA OUTLETS BV                 | VIA Outlets BV                                                                  | CUSIP: BS2533815<br>LEI: 2594009AT1MND8D7E216 | Long             | DBT              | CORP              | NL        |    495000 | PA      | $558108.37    | 0.35%             | 2028-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KBC GROUP NV                   | KBC Group NV                                                                    | CUSIP: BR2423662<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |    400000 | PA      | $457583.08    | 0.29%             | 2031-12-07      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN               | Vmed O2 UK Financing I PLC                                                      | CUSIP: ZO3886223<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $831477.96    | 0.52%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY        | Nationwide Building Society                                                     | CUSIP: ZB3115639<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    550000 | PA      | $668882.17    | 0.42%             | 2034-04-16      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL CENTRAL COOLING       | National Central Cooling Co PJSC                                                | CUSIP: ZO9466376<br>LEI: 254900E7M1Y3DXGQ1283 | Long             | DBT              | CORP              | AE        |    650000 | PA      | $618881.25    | 0.39%             | 2027-10-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGIN MONEY UK PLC            | Virgin Money UK PLC                                                             | CUSIP: ZO2934065<br>LEI: 213800ZK9VGCYYR6O495 | Long             | DBT              | CORP              | GB        |    660000 | PA      | $905567.84    | 0.56%             | 2030-12-11      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC             | Vodafone Group PLC                                                              | CUSIP: ZN6801791<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $346611.14    | 0.22%             | 2052-12-02      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC              | NatWest Group PLC                                                               | CUSIP: YR6316792<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $176431.65    | 0.11%             | 2035-02-25      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| LA FRANCAISE DES JEUX SA       | FDJ UNITED                                                                      | CUSIP: YT1882034<br>LEI: 969500R4CLSQFTYYI535 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $463745.25    | 0.29%             | 2036-11-21      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| P3 GROUP SARL                  | P3 Group Sarl                                                                   | CUSIP: ZF8261835<br>LEI: 529900GR62MT0O5VW110 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $306992.33    | 0.19%             | 2030-02-13      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VOLKSBANK WIEN AG              | Volksbank Wien AG                                                               | CUSIP: ZD7042124<br>LEI: 529900D4CD6DIB3CI904 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $244441.00    | 0.15%             | 2034-06-21      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING       | Nidda Healthcare Holding GmbH                                                   | CUSIP: YU3779730<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    675000 | PA      | $812118.20    | 0.51%             | 2030-02-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY        | Nationwide Building Society                                                     | CUSIP: YS7895446<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $356594.22    | 0.22%             | 2036-01-27      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY        | Nationwide Building Society                                                     | CUSIP: YP8902650<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $238227.02    | 0.15%             | 2035-07-30      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| KION GROUP AG                  | KION Group AG                                                                   | CUSIP: YT1081546<br>LEI: 5299005KY91C4C6U9H17 | Long             | DBT              | CORP              | DE        |    510000 | PA      | $608637.87    | 0.38%             | 2029-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FIN NV         | Volkswagen International Finance NV                                             | CUSIP: AN8803263<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $234416.64    | 0.15%             | 2027-06-14      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| VIVO ENERGY INVESTMENTS        | Vivo Energy Investments BV                                                      | CUSIP: ZO5275573<br>LEI: 724500P3OXMB2IERLM56 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $392781.27    | 0.24%             | 2027-09-24      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS         | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX    | CUSIP: ZF1238137<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    650000 | PA      | $672307.35    | 0.42%             | 2039-01-08      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| NIAGARA ENERGY SAC             | Niagara Energy SAC                                                              | CUSIP: YU1133518<br>LEI: 254900V9UGCG42YQ6848 | Long             | DBT              | CORP              | PE        |    500000 | PA      | $495671.75    | 0.31%             | 2034-10-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                            | US 10YR NOTE (CBT)Sep25                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       130 | NC      | $153663.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NBM US HOLDINGS INC            | NBM US Holdings Inc                                                             | CUSIP: AZ8757330<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    600000 | PA      | $604652.07    | 0.38%             | 2029-08-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BlackRock European CLO DAC     | Blackrock European Clo XV Designated Activity Co                                | CUSIP: BCC3JQ8Z1<br>LEI: 635400IJBX53XCPMHB27 | Long             | ABS-CBDO         | CORP              | IE        |   1700000 | PA      | $2005226.13   | 1.25%             | 2038-01-28      | Floating      | 3.87%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO        | Beach Acquisition Bidco LLC                                                     | CUSIP: YN6451887<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    125000 | PA      | $148591.46    | 0.09%             | 2032-07-15      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| BHARTI AIRTEL LTD              | Bharti Airtel Ltd                                                               | CUSIP: BO2478986<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |    900000 | PA      | $835011.10    | 0.52%             | 2031-06-03      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP       | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $420321.12    | 0.26%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP       | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $507140.91    | 0.32%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS       | Cheniere Energy Partners LP                                                     | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    325000 | PA      | $339472.69    | 0.21%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBW8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    728000 | PA      | $674954.26    | 0.42%             | 2054-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                           | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $775725.28    | 0.48%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE         | Indian Railway Finance Corp Ltd                                                 | CUSIP: 45434M2H4<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |    850000 | PA      | $782957.41    | 0.49%             | 2032-01-21      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC             | Ingersoll Rand Inc                                                              | CUSIP: 45687VAF3<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308453.52    | 0.19%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| INSIGHT ENTERPRS               | Insight Enterprises Inc                                                         | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |    350000 | PA      | $360867.85    | 0.22%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC            | Lightning Power LLC                                                             | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |    775000 | PA      | $815518.58    | 0.51%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                 | Lowe's Cos Inc                                                                  | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    525000 | PA      | $505992.12    | 0.32%             | 2053-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                 | Lowe's Cos Inc                                                                  | CUSIP: 548661EQ6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    425000 | PA      | $433995.74    | 0.27%             | 2033-07-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP                   | Magnera Corp                                                                    | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    625000 | PA      | $588828.13    | 0.37%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MARS INC                       | Mars Inc                                                                        | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    925000 | PA      | $935959.58    | 0.58%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MARS INC                       | Mars Inc                                                                        | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    475000 | PA      | $474819.68    | 0.30%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                     | MasTec Inc                                                                      | CUSIP: 576323AP4<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |    190000 | PA      | $187476.55    | 0.12%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                | McDonald's Corp                                                                 | CUSIP: 58013MGA6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    400000 | PA      | $399434.44    | 0.25%             | 2035-03-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC          | Micron Technology Inc                                                           | CUSIP: 595112CG6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    400000 | PA      | $415859.72    | 0.26%             | 2032-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP         | Mizuho Financial Group Inc                                                      | CUSIP: 60687YDE6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   1100000 | PA      | $1129739.53   | 0.70%             | 2035-05-26      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305117.72    | 0.19%             | 2034-04-21      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510569.61    | 0.32%             | 2030-01-16      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    450000 | PA      | $460153.36    | 0.29%             | 2035-01-18      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD              | MDGH GMTN RSC Ltd                                                               | CUSIP: ZQ3609372<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |    880000 | PA      | $826861.20    | 0.52%             | 2029-11-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                   | ING Groep NV                                                                    | CUSIP: BS3787675<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $675638.75    | 0.42%             | 2032-11-16      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC       | Lloyds Banking Group PLC                                                        | CUSIP: BP9627632<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    730000 | PA      | $964603.95    | 0.60%             | 2031-12-15      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| LKQ DUTCH BOND BV              | LKQ Dutch Bond BV                                                               | CUSIP: ZD2725194<br>LEI: 724500O7KBK1ICWRWC17 | Long             | DBT              | CORP              | NL        |    275000 | PA      | $329722.39    | 0.21%             | 2031-03-13      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC              | HSBC Holdings PLC                                                               | CUSIP: ZD8238820<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $183458.60    | 0.11%             | 2035-03-22      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| MATTERHORN TELECOM SA          | Matterhorn Telecom SA                                                           | CUSIP: ZJ7191357<br>LEI: 549300MTB0YI26SMUT22 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $521429.20    | 0.33%             | 2028-07-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IMCD NV                        | IMCD NV                                                                         | CUSIP: ZI7730115<br>LEI: 724500NSJPNFJPDAUP02 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $621398.77    | 0.39%             | 2028-09-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC              | HSBC Holdings PLC                                                               | CUSIP: ZN2147470<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    345000 | PA      | $436410.63    | 0.27%             | 2032-11-16      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM       | Indofood CBP Sukses Makmur Tbk PT                                               | CUSIP: BP8908371<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |    860000 | PA      | $789742.15    | 0.49%             | 2031-06-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MOTABILITY OPERATIONS GR       | Motability Operations Group PLC                                                 | CUSIP: ZF3240057<br>LEI: AZ3NL8JCZDCNUXFWI720 | Long             | DBT              | CORP              | GB        |    510000 | PA      | $610421.36    | 0.38%             | 2034-01-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INT DISTRIBUTION SERV          | International Distribution Services PLC                                         | CUSIP: ZI7127478<br>LEI: 213800TCZZU84G8Z2M70 | Long             | DBT              | CORP              | GB        |    415000 | PA      | $519345.18    | 0.32%             | 2028-09-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IBERCAJA BANCO SA              | Ibercaja Banco SA                                                               | CUSIP: YR4426585<br>LEI: 549300OLBL49CW8CT155 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $702737.95    | 0.44%             | 2036-08-18      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                                  | CUSIP: YP6341182<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $361871.59    | 0.23%             | 2036-05-22      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| HLD EUROPE                     | HLD Europe SCA                                                                  | CUSIP: YQ6763458<br>LEI: 222100KJO80ONXIK8X08 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $300969.16    | 0.19%             | 2030-04-02      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                     | Intel Corp                                                                      | CUSIP: 458140CF5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    725000 | PA      | $741476.22    | 0.46%             | 2030-02-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| INT DISTRIBUTION SERV          | International Distribution Services PLC                                         | CUSIP: ZI7127528<br>LEI: 213800TCZZU84G8Z2M70 | Long             | DBT              | CORP              | GB        |    660000 | PA      | $952849.86    | 0.59%             | 2030-09-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INVERSIONES CMPC SA            | Inversiones CMPC SA                                                             | CUSIP: ZJ0547191<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |    600000 | PA      | $617977.20    | 0.39%             | 2033-06-23      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                                        | CUSIP: 26884LAW9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    900000 | PA      | $889047.32    | 0.55%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                                        | CUSIP: 26884LBC2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    372000 | PA      | $366476.47    | 0.23%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC          | GFL Environmental Inc                                                           | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $482590.95    | 0.30%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO         | General Motors Financial Co Inc                                                 | CUSIP: 37045XEY8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    410000 | PA      | $418151.57    | 0.26%             | 2031-06-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GERDAU TRADE INC               | Gerdau Trade Inc                                                                | CUSIP: 37373WAE0<br>LEI: 5493008RWEW71JB0LO29 | Long             | DBT              | CORP              | VG        |    500000 | PA      | $500975.00    | 0.31%             | 2035-06-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    775000 | PA      | $776741.84    | 0.48%             | 2056-01-28      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    825000 | PA      | $720535.25    | 0.45%             | 2032-07-21      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                | Gen Digital Inc                                                                 | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154422.30    | 0.10%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL        | GlaxoSmithKline Capital PLC                                                     | CUSIP: EJ4794941<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |    425000 | PA      | $479168.97    | 0.30%             | 2045-12-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOLD FIELDS OROGEN HOLD        | Gold Fields Orogen Holdings BVI Ltd                                             | CUSIP: ZS5391108<br>LEI: 213800CLGJ2E9KGU2F20 | Long             | DBT              | CORP              | VG        |    985000 | PA      | $1024764.79   | 0.64%             | 2029-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ERSTE GROUP BANK AG            | Erste Group Bank AG                                                             | CUSIP: ZP5884942<br>LEI: PQOH26KWDF7CG10L6792 | Long             | DBT              | CORP              | AT        |    600000 | PA      | $687657.40    | 0.43%             | 2027-04-15      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                     | Grifols SA                                                                      | CUSIP: YT9448788<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    550000 | PA      | $674326.43    | 0.42%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HAMBURG COMMERCIAL BANK        | Hamburg Commercial Bank AG                                                      | CUSIP: YW4192624<br>LEI: TUKDD90GPC79G1KOE162 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $365562.83    | 0.23%             | 2028-07-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ESIC SUKUK LTD                 | Esic Sukuk Ltd                                                                  | CUSIP: ZF7053837<br>LEI: 549300TSWFEC4DLPPH77 | Long             | DBT              | CORP              | KY        |    810000 | PA      | $823398.21    | 0.51%             | 2029-02-14      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FINANCE SIX         | Goodman US Finance Six LLC                                                      | CUSIP: YU1737243<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $423970.85    | 0.26%             | 2034-10-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC               | T-Mobile USA Inc                                                                | CUSIP: 87264ACY9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    700000 | PA      | $705098.58    | 0.44%             | 2033-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC               | T-Mobile USA Inc                                                                | CUSIP: 87264ADB8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    725000 | PA      | $711938.90    | 0.44%             | 2054-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                      | TEGNA Inc                                                                       | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    550000 | PA      | $536565.81    | 0.33%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                     | Terex Corp                                                                      | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350939.75    | 0.22%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANE TECH FIN LTD             | Trane Technologies Financing Ltd                                                | CUSIP: 892938AB7<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |    300000 | PA      | $304563.01    | 0.19%             | 2034-06-13      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    500000 | PA      | $518441.50    | 0.32%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC               | TriNet Group Inc                                                                | CUSIP: 896288AC1<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    400000 | PA      | $415802.00    | 0.26%             | 2031-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TIKEHAU CAPITAL SCA            | Tikehau Capital SCA                                                             | CUSIP: YQ8309243<br>LEI: 969500BY8TEU16U3SJ94 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $1074609.23   | 0.67%             | 2031-04-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TELEPERFORMANCE                | Teleperformance SE                                                              | CUSIP: ZG1108833<br>LEI: 9695004GI61FHFFNRG61 | Long             | DBT              | CORP              | FR        |    700000 | PA      | $888643.50    | 0.55%             | 2031-11-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEREGA SA                      | Terega SA                                                                       | CUSIP: YV6739838<br>LEI: 969500Y0L922VYT3UI51 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $357950.01    | 0.22%             | 2034-09-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES SE               | TotalEnergies SE                                                                | CUSIP: YT1875624<br>LEI: 529900S21EQ1BO4ESM68 | Long             | DBT              | CORP              | FR        |    575000 | PA      | $685197.95    | 0.43%             | 2029-11-19      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| TECHEM VERWALTUNGSGESELL       | Techem Verwaltungsgesellschaft 675 mbH                                          | CUSIP: YN6842291<br>LEI: 529900N0M7FQHNAV1A41 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $291583.96    | 0.18%             | 2032-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Craig Benton

**Name of Signer:** Craig Benton

**Title:** Treasurer