# EDGAR Filing Document

**Accession Number:** 0001845809
**File Stem:** 0000940400-26-025233
**Filing Date:** 2026-6
**Character Count:** 86099
**Document Hash:** 4335168693caa281398d5b8815313907
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-025233.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0000940400-26-025233

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Putnam ETF Trust
- **CENTRAL INDEX KEY:** 0001845809

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23643
- **FILM NUMBER:** 261115639

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 6177601060

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

## Series and Classes Contracts Data

### Putnam ESG High Yield ETF (Series ID: S000077298)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000237595 | -            |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23643

- **c. CIK number of Registrant:** 0001845809

- **d. LEI of Registrant:** 549300EMFKH8ETCKNO35

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Putnam ESG High Yield ETF

- **b. EDGAR series identifier (if any):** S000077298

- **c. LEI of Series:** 549300AFYICW7OFX8A68

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-04-30

**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:** $7815192.16

**Total Liabilities:** $145978.92

**Net Assets:** $7669213.24

**Cash Not Reported:** $37650.70

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.10228000 | **1-Year:** 44.33078000 | **5-Year:** 71.23772000 | **10-Year:** 0.51317000 | **30-Year:** 0.00000000

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

- **3-Month:** 4.92603000 | **1-Year:** 533.43021000 | **5-Year:** 845.31094000 | **10-Year:** 29.35564000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237595 | 0.08%                | -0.22%               | 2.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5538775.22              | $-5600346.36                               |
| Month 2  | $26692.88                | $-91702.73                                 |
| Month 3  | $31728.11                | $63622.54                                  |

**Designated Index Information**

- **Index Name:** JPDJHYI

- **Index Identifier:** BM10834

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INTERCONTINENTAL EXCHANGE, INC.                                         | CDS CDX.NA.HY.46.V1                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $154196.13    | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                     | AXON 6.125 03/15/30 144A            | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10250.16     | 0.13%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                                      | LNW 7.5 09/01/31 144A               | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10427.07     | 0.14%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                          | BBDBCN 7 06/01/32 144A              | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |      6000 | PA      | $6270.56      | 0.08%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                           | CCL 5.75 03/15/30 144A              | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     10000 | PA      | $10150.44     | 0.13%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                      | VEGLPL 6.5 01/15/34 144A            | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20977.82     | 0.27%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC                                   | HLT 5.875 03/15/33 144A             | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8105.26      | 0.11%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                                 | STX 5.875 07/15/30 144A             | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     16000 | PA      | $16358.83     | 0.21%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                            | HNDLIN 3.875 08/15/31 144A          | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     38000 | PA      | $34571.25     | 0.45%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                            | CHTR 4.75 02/01/32 144A             | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $34053.70     | 0.44%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                       | ALIANT 5.875 11/01/29 144A          | CUSIP: 01883LAD5<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21580.61     | 0.28%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                      | CCO 7.5 03/15/33 144A               | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     26000 | PA      | $27330.00     | 0.36%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC                                                       | WEEKHM 4.875 09/15/28 144A          | CUSIP: 948565AD8<br>LEI: 5493009MTTQO8ZN53F13 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19585.65     | 0.26%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE BORROWER LLC / RIVERS ENTERPRISE FINANCE CORP         | RIVENT 6.25 10/15/30 144A           | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $12212.96     | 0.16%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE COMPANY INC | FRTITA 6.75 01/15/30 144A           | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $13573.06     | 0.18%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                     | SIRI 5.5 07/01/29 144A              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7946.30      | 0.10%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY GENERATION LLC                                     | CEG 5 02/01/31 144A                 | CUSIP: 210385AJ9<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10028.31     | 0.13%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                               | IQV 6.25 06/01/32 144A              | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38746.55     | 0.51%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONAL LTD (BM)                                      | WFRD 6.75 10/15/33 144A             | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     16000 | PA      | $16605.76     | 0.22%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                | DTV 8.875 02/01/30 144a             | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $20394.44     | 0.27%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PUTNAM INVESTMENT FUNDS                                                 | PUTNAM INVESTMENT FUNDS GOVT MMKT P | CUSIP: 74680A869<br>LEI: 549300SRAF55EHI5J317 | Long             | STIV             | RF                | US        |   1806402 | NS      | $1806402.27   | 23.55%            |  |  |  | No            |                  1 | On Loan: No      |
| LGI HOMES INC                                                           | LGIH 8.75 12/15/28 144A             | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20606.26     | 0.27%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                                  | CACI 6.375 06/15/33 144A            | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14331.85     | 0.19%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY GLOBAL HOLDINGS INC                                           | WBD 5.05 03/15/42 *                 | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     24000 | PA      | $17184.72     | 0.22%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP                                            | MPW 8.5 02/15/32 144a               | CUSIP: 55342UAQ7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |     29000 | PA      | $30147.50     | 0.39%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                                                    | GFLCN 6.625 04/01/32 144A           | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10324.08     | 0.13%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAPITAL LLC (CBS OUTDOOR AMERICAS CAPITAL LLC)           | OUT 7.375 02/15/31 144A             | CUSIP: 69007TAG9<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8372.12      | 0.11%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                                              | TEX 6.25 10/15/32 144A              | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16275.47     | 0.21%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY                              | BWY 7.875 04/15/30 144A             | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32380.00     | 0.42%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                                   | QNTELE 5.75 08/15/32 144A           | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14152.19     | 0.18%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                                  | ATHENA 6.5 02/15/30 144A            | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30524.55     | 0.40%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC                                     | MIWIDO 6.75 04/01/32 144A           | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $5934.39      | 0.08%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONAL LTD (BM)                                      | WFRD 8.625 04/30/30 144A            | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |      6000 | PA      | $6151.67      | 0.08%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                              | VSAT 7.5 05/30/31 144A              | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14048.33     | 0.18%             | 2031-05-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                                                | IRM 6.25 01/15/33 144A              | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26416.31     | 0.34%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                        | CYH 9.75 01/15/34 144A              | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16522.56     | 0.22%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROUP INC                                           | SBGI 8.125 02/15/33 144A            | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24869.16     | 0.32%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                          | GTN 9.625 07/15/32 144A             | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22382.36     | 0.29%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                                  | XHR 6.625 05/15/30 144A             | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4097.82      | 0.05%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                                              | TEX 5 05/15/29 144A                 | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5970.00      | 0.08%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1 LLC                                             | TRACTC 5.875 03/01/31 144A          | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29453.96     | 0.38%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                            | CHTR 7 02/01/33 144A                | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $13811.33     | 0.18%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION INC                                               | MHED 8 08/01/29 144A                | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12014.06     | 0.16%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                 | KGS 6.5 10/01/33 144A               | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16374.99     | 0.21%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                           | TDG 6 01/15/33 144A                 | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     36000 | PA      | $36375.65     | 0.47%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                       | CLH 6.375 02/01/31 144A             | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38703.11     | 0.50%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                                               | CROX 4.25 03/15/29 144A             | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11657.36     | 0.15%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                                             | MCFE 7.375 02/15/30 144A            | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24339.73     | 0.32%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                            | USFOOD 5.75 04/15/33 144A           | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10044.85     | 0.13%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                   | JANEST 6.75 05/01/33 144A           | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22612.72     | 0.29%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                                   | QNTELE 6.25 08/15/33 144A           | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20487.52     | 0.27%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURANCE MANAGEMENT INC                              | NAVCOR 8.5 03/15/30 144A            | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |     16000 | PA      | $16501.68     | 0.22%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                            | CHTR 4.75 03/01/30 144A             | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     54000 | PA      | $51216.00     | 0.67%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA LLC                                                    | ASHWOO 6.875 08/01/33 144A          | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19647.35     | 0.26%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                                      | BLCOCN 8.375 10/01/28 144A          | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |      6000 | PA      | $6202.50      | 0.08%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORP                                                             | KSS 10 06/01/30 144A                | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8660.41      | 0.11%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                                      | ADVGRO 8 08/01/33 144A              | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42856.42     | 0.56%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                             | W 6.75 11/15/32 144A                | CUSIP: 94419NAC1<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28326.82     | 0.37%             | 2032-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OPERATING LLC                                           | CWENA 3.75 02/15/31 144A            | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16853.23     | 0.22%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                                     | ASUCOR 8.375 02/01/34 144A          | CUSIP: 045941AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $31597.21     | 0.41%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                 | KGS 6.75 10/01/35 144A              | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6235.65      | 0.08%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                              | DVA 4.625 06/01/30 144A             | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7748.02      | 0.10%             | 2030-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION INC                                               | MHED 7.375 09/01/31 144A            | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18609.75     | 0.24%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                                      | LNW 7.25 11/15/29 144A              | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16372.62     | 0.21%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                      | VIKCRU 9.125 07/15/31 144A          | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     18000 | PA      | $18974.29     | 0.25%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                                        | WULF 7.75 10/15/30 144A             | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $39961.19     | 0.52%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNATIONAL LTD                                            | RIG 8.5 05/15/31 144A               | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     20000 | PA      | $21160.56     | 0.28%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                  | WCC 6.625 03/15/32 144A             | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51845.75     | 0.68%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                                     | ASUCOR 8 12/31/32 144A              | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $31355.97     | 0.41%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ARETEC ESCROW ISSUER 2 INC                                              | RCAP 10 08/15/30 144A               | CUSIP: 04020JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $4241.42      | 0.06%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                            | CHTR 4.25 02/01/31 144A             | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1817.87      | 0.02%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| 1011778 B.C. ULC / NEW RED FINANCE INC                                  | BCULC 4 10/15/30 144A               | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     26000 | PA      | $24749.36     | 0.32%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                             | W 7.75 09/15/30 144A                | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16611.19     | 0.22%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OPERATING LLC                                           | CWENA 3.75 01/15/32 144A            | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     24000 | PA      | $22143.27     | 0.29%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                    | NLSN 9.5 02/15/33 144A              | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    364000 | PA      | $364743.80    | 4.76%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                | DTV 5.875 08/15/27 144A             | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2002.73      | 0.03%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                         | CVS V7 03/10/55                     | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31145.62     | 0.41%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK SERVICES LP / ARCHROCK PARTNERS FINANCE CORP                   | AROC 6 02/01/34 144A                | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10069.61     | 0.13%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PHH ESCROW ISSUER LLC                                                   | PHHESC 9.875 11/01/29 144A          | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28000 | PA      | $28299.15     | 0.37%             | 2029-11-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| R.R. DONNELLEY & SONS COMPANY                                           | RRD 9.5 08/01/29 144A               | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |     54000 | PA      | $55782.54     | 0.73%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ULTIMATE KRONOS GROUP INC                                               | ULTI 6.875 02/01/31 144A            | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29223.55     | 0.38%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                       | NWL 6.625 05/15/32                  | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25257.14     | 0.33%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO LLC                                                      | APLD 9.25 12/15/30 144A             | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    534000 | PA      | $574268.87    | 7.49%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                | DTV 10 02/15/31 144A                | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $12494.88     | 0.16%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                           | CCL 5.75 08/01/32 144A              | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     26000 | PA      | $26163.23     | 0.34%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                           | TDG 6.25 01/31/34 144A              | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4092.96      | 0.05%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | VENLNG 8.375 06/01/31 144A          | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14603.46     | 0.19%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                         | TMHC 5.125 08/01/30 144A            | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31892.82     | 0.42%             | 2030-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                     | ACRISU 8.5 06/15/29 144A            | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $26034.50     | 0.34%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                 | MRP 6.375 08/01/30 144A             | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     44000 | PA      | $44594.18     | 0.58%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICES INC                                           | CONCEN 6.875 07/15/32 144A          | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10375.41     | 0.14%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                                    | ARMK 5 02/01/28 144A                | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23964.50     | 0.31%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US FINANCE CO INC                           | POWSOL 6.75 09/15/32 144A           | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     14000 | PA      | $14329.28     | 0.19%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                                    | RKT 6.375 08/01/33 144A             | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $30403.35     | 0.40%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                          | NRG V10.25 PERP 144A                | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     12000 | PA      | $13041.50     | 0.17%             | N/A             | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| TGNR INTERMEDIATE HOLDINGS LLC                                          | RCKENE 5.5 10/15/29 144A            | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21713.51     | 0.28%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                    | OMF 7.5 05/15/31                    | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20517.18     | 0.27%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                                  | EQMSRM 8.625 05/15/32 144A          | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     24000 | PA      | $25483.56     | 0.33%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                   | QUIKHO 6.75 03/01/33 144A           | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24352.19     | 0.32%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                            | NCLH 6.75 02/01/32 144A             | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     16000 | PA      | $15935.02     | 0.21%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STONEX ESCROW ISSUER LLC                                                | SNEX 6.875 07/15/32 144A            | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $31036.65     | 0.40%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                                                     | ROCSOF 6.5 02/15/29 144A            | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19662.28     | 0.26%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                       | NWL 6.375 05/15/30                  | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11760.31     | 0.15%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC                                                       | WEEKHM 6.75 01/15/34 144A           | CUSIP: 948565AF3<br>LEI: 5493009MTTQO8ZN53F13 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29692.01     | 0.39%             | 2034-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                                       | NXST 4.75 11/01/28 144A             | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5915.14      | 0.08%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                     | ACRISU 7.5 11/06/30 144A            | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $20323.47     | 0.27%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDINGS LLC                                          | JEFCAP 8.25 05/15/30 144A           | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $41881.64     | 0.55%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | VENLNG 9.5 02/01/29 144A            | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8734.42      | 0.11%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                    | GTLS 9.5 01/01/31 144A              | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4207.26      | 0.05%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                      | VIKCRU 7 02/15/29 144a              | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $30095.98     | 0.39%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                                   | ESI 3.875 09/01/28 144A             | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5853.58      | 0.08%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SM ENERGY COMPANY                                                       | SM 6.75 09/15/26                    | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10008.36     | 0.13%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                 | ATI 5.125 10/01/31                  | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43863.30     | 0.57%             | 2031-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                    | OMF 7.125 11/15/31                  | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10146.59     | 0.13%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNATIONAL LTD                                            | RIG 7.875 10/15/32 144A             | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |      2000 | PA      | $2144.01      | 0.03%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                                     | THS 7.75 02/11/33 144A              | CUSIP: 456142AA6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24272.07     | 0.32%             | 2033-02-11      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                   | QUIKHO 6.375 03/01/32 144A          | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10164.08     | 0.13%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LEVI STRAUSS & COMPANY                                                  | LEVI 3.5 03/01/31 144A              | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16579.56     | 0.22%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                                            | NCLH 7.75 02/15/29 144A             | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      4000 | PA      | $4177.49      | 0.05%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                         | TMHC 5.75 11/15/32 144A             | CUSIP: 87724RAK8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4046.50      | 0.05%             | 2032-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTERMEDIATE HOLDCO LLC                                    | CROSIN 6.5 10/01/30 144A            | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $21641.52     | 0.28%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                               | CZR 6 10/15/32 144A                 | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14356.04     | 0.19%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                     | MEDIND 5.25 10/01/29 144A           | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13940.51     | 0.18%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                                     | KNTK 5.875 06/15/30 144A            | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |     66000 | PA      | $66259.58     | 0.86%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                           | BLD 4.125 02/15/32 144A             | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22014.87     | 0.29%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GROUP LLC                                         | CCOI 6.5 07/01/32 144A              | CUSIP: 19240WAB5<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20429.20     | 0.27%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                              | DVA 6.875 09/01/32 144A             | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     44000 | PA      | $45444.56     | 0.59%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                                     | SIRI 3.875 09/01/31 144A            | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12681.45     | 0.17%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                             | W 7.25 10/31/29 144A                | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22559.09     | 0.29%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                  | WCC 6.375 03/15/29 144A             | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2041.87      | 0.03%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                           | VST 7.75 10/15/31 144A              | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20983.90     | 0.27%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                 | TLN 6.25 02/01/34 144A              | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27808.11     | 0.36%             | 2034-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                                       | WASPRO 7 02/01/33 144A              | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18381.70     | 0.24%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP                                                 | RHP 6.5 04/01/32 144A               | CUSIP: 749571AK1<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20534.74     | 0.27%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INGRAM MICRO INC                                                        | IM 4.75 05/15/29 144A               | CUSIP: 45258LAA5<br>LEI: 549300KJMEWPKRQZHX63 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17702.13     | 0.23%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                             | RCL 6 02/01/33 144A                 | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     24000 | PA      | $24374.18     | 0.32%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                                    | TTMI 4 03/01/29 144A                | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     36000 | PA      | $34850.91     | 0.45%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                      | VEGLPL 6.75 01/15/36 144A           | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12762.18     | 0.17%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CDI ESCROW ISSUER INC                                                   | CHDN 5.75 04/01/30 144A             | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $15957.12     | 0.21%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                                  | PENN 5.625 01/15/27 144A            | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10003.09     | 0.13%             | 2027-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                                           | PRAA 8.875 01/31/30 144A            | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31060.98     | 0.41%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                   | THC 6.125 06/15/30                  | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22158.27     | 0.29%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                               | PCG 5.25 07/01/30                   | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29710.97     | 0.39%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO LLC                                             | SKX 10 07/15/33 144a                | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |     46055 | PA      | $50685.82     | 0.66%             | 2033-07-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                               | CZR 7 02/15/30 144A                 | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14221.53     | 0.19%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC / CHOBANI FINANCE CORP INC                                  | CHBANI 7.625 07/01/29 144A          | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $21704.19     | 0.28%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP                                                 | RHP 6.5 06/15/33 144A               | CUSIP: 749571AL9<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8244.94      | 0.11%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                       | ALIANT 7.375 10/01/32 144A          | CUSIP: 01883LAH6<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19676.78     | 0.26%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| E.W. SCRIPPS COMPANY (THE)                                              | SSP 9.875 08/15/30 144A             | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27096.89     | 0.35%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP                | HOUS 7 04/15/30 144A                | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $14015.55     | 0.18%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                             | RCL 5.625 09/30/31 144A             | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     11000 | PA      | $11153.04     | 0.15%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                                 | TLN 6.5 02/01/36 144A               | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28120.73     | 0.37%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OPERATING LLC                                           | CWENA 5.75 01/15/34 144A            | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16011.39     | 0.21%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                          | GTN 5.375 11/15/31 144A             | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     18000 | PA      | $14075.19     | 0.18%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                        | BYD 4.75 06/15/31 144A              | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11574.91     | 0.15%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                                  | MORTON 4.875 05/01/28 144A          | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19819.11     | 0.26%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                            | UVN 9.375 08/01/32 144A             | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     34000 | PA      | $35210.50     | 0.46%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                                       | TIBX 6.5 03/31/29 144A              | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $25335.99     | 0.33%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                   | THC 6 11/15/33 144A                 | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20224.48     | 0.26%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | VENLNG 9.875 02/01/32 144A          | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     44000 | PA      | $47226.08     | 0.62%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                           | CCL 5.875 06/15/31 144A             | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     16000 | PA      | $16236.38     | 0.21%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                      | ALLY 8 11/01/31 *                   | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     12000 | PA      | $13408.25     | 0.17%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BLACK PEARL COMPUTE LLC                                                 | BLKPRL 6.125 02/15/31 144A          | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $22348.43     | 0.29%             | 2031-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPERATING COMPANY LLC                                          | GDDY 3.5 03/01/29 144A              | CUSIP: 38016LAC9<br>LEI: 5493005GJOH8HLL11157 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26183.71     | 0.34%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                           | TDG 6.75 01/31/34 144a              | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22616.35     | 0.29%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                           | VST 6.875 04/15/32 144A             | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     24000 | PA      | $25065.07     | 0.33%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                               | CZR 4.625 10/15/29 144A             | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17384.08     | 0.23%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                                                   | JANEST 6.125 11/01/32 144A          | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40233.10     | 0.52%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                    | OMF 6.5 03/15/33                    | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11760.68     | 0.15%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERNATIONAL LLC                                     | GPK 3.75 02/01/30 144A              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     36000 | PA      | $33651.49     | 0.44%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTERMEDIATE HOLDCO LLC                                    | CROSIN 6.75 12/01/32 144A           | CUSIP: 22757VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29104.58     | 0.38%             | 2032-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CIPHER COMPUTE LLC                                                      | CIFR 7.125 11/15/30 144A            | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11415.35     | 0.15%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                   | FREMOR 12.25 10/01/30 144A          | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     16000 | PA      | $17372.64     | 0.23%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| US FOODS INC                                                            | USFOOD 7.25 01/15/32 144A           | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22910.93     | 0.30%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                      | CCO 7.875 04/01/30 144A             | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8334.66      | 0.11%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                            | CHTR 5.375 06/01/29 144A            | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $17718.66     | 0.23%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                      | VEGLPL 7.5 05/01/33 144A            | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4437.59      | 0.06%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                                                | IRM 5.625 07/15/32 144A             | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19869.62     | 0.26%             | 2032-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| COMMUNITY HEALTH SYSTEMS INC                                            | CYH 10.875 01/15/32 144A            | CUSIP: 12543DBN9<br>LEI: 549300BQWM4WENQ3YW73 | Long             | DBT              | CORP              | US        |     14000 | PA      | $15053.35     | 0.20%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                | WYNFIN 7.125 02/15/31 144A          | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     58000 | PA      | $61416.90     | 0.80%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PRODUCTS PARTNERS LP/CALUMET FINANCE CORP             | CLMT 9.75 02/15/31 144A             | CUSIP: 131477BA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10603.87     | 0.14%             | 2031-02-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                     | MEDIND 3.875 04/01/29 144A          | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15553.00     | 0.20%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE LLC                                       | ALIANT 7 01/15/31 144A              | CUSIP: 01883LAF0<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26553.49     | 0.35%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE 3 INC                                             | PSDO 7.5 06/01/31 144A              | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13146.03     | 0.17%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                            | CHTR 4.25 01/15/34 144A             | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $18476.27     | 0.24%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                              | DVA 6.75 07/15/33 144A              | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2063.35      | 0.03%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                     | AXON 6.25 03/15/33 144A             | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20535.42     | 0.27%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                               | PCG V7.375 03/15/55                 | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8233.62      | 0.11%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE LLC                                             | CRGYFN 7.875 04/15/32 144A          | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16596.32     | 0.22%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                                                               | NWSA 5.125 02/15/32 144A            | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1966.67      | 0.03%             | 2032-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC                                   | HLT 5.75 09/15/33 144A              | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38276.07     | 0.50%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                           | FCFS 6.875 03/01/32 144A            | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     56000 | PA      | $57463.32     | 0.75%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                                        | GGAMFI 8 02/15/27 144A              | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     12000 | PA      | $12075.89     | 0.16%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COTY INC                                                                | COTY 4.75 01/15/29 144A             | CUSIP: 222070AG9<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31015.84     | 0.40%             | 2029-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FINANCE LLC                                            | HLT 4.875 04/01/27                  | CUSIP: 432891AK5<br>LEI: 549300406TN7EY0NPH20 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11976.74     | 0.16%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS LTD                                              | ADNT 8.25 04/15/31 144A             | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |     24000 | PA      | $25119.98     | 0.33%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                      | VEGLPL 7.75 05/01/35 144A           | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4500.68      | 0.06%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                   | NBR 8.875 08/15/31 144A             | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10563.92     | 0.14%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                         | TMHC 5.75 01/15/28 144A             | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6058.98      | 0.08%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                           | FREMOR 8.375 04/01/32 144A          | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42607.11     | 0.56%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                        | CYH 5.25 05/15/30 144A              | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     42000 | PA      | $39679.75     | 0.52%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INSULET CORP                                                            | PODD 6.5 04/01/33 144A              | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20428.96     | 0.27%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS LLC                                            | WBD 4.125 05/15/29 *                | CUSIP: 25470DCA5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27319.04     | 0.36%             | 2029-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-24

**Name of Applicant:** Putnam ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight