# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-177789
**Filing Date:** 2025-7
**Character Count:** 708217
**Document Hash:** 66163b953dba901d2ceda8b8c91252bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177789.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177789

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251149373

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares iBoxx $ High Yield Corporate Bond ETF (Series ID: S000016772)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000046846 | iShares iBoxx $ High Yield Corporate Bond ETF | HYG             |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Corporate Bonds & Notes** | **Corporate Bonds & Notes** | **Corporate Bonds & Notes** |
| **Advertising — 1.2%** | **Advertising — 1.2%** | **Advertising — 1.2%** |
| Clear Channel Outdoor Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 08/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $19923 | $19439867 |
| &nbsp;&nbsp;&nbsp; 7.50%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17029 | 15049379 |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16010 | 14629137 |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14542 | 14737193 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13062 | 13680253 |
| Lamar Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 01/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7644 | 6940668 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10901 | 10540264 |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7884 | 7423749 |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5950 | 5830591 |
| Neptune Bidco U.S. Inc., 9.29%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 40884 | 38686485 |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC/Outfront Media <br> Capital Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6971 | 6583369 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7136 | 6698693 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9778 | 9640598 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6850 | 7229276 |
| Stagwell Global LLC, 5.63%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17192 | 16160480 |
|  |  | 193270002 |
| **Aerospace & Defense — 2.4%** | **Aerospace & Defense — 2.4%** | **Aerospace & Defense — 2.4%** |
| Bombardier Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11185 | 11171813 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5460 | 5536986 |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12544 | 12813667 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11482 | 11843432 |
| &nbsp;&nbsp;&nbsp; 7.50%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11814 | 12227631 |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9239 | 9273496 |
| &nbsp;&nbsp;&nbsp; 8.75%, 11/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12907 | 13823397 |
| Incora Top Holdco LLC, 6.00%, 01/31/33<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 4043 | 863156 |
| Spirit AeroSystems Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.60%, 06/15/28 | &nbsp;&nbsp;&nbsp; 10235 | 9982400 |
| &nbsp;&nbsp;&nbsp; 9.38%, 11/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13434 | 14206557 |
| &nbsp;&nbsp;&nbsp; 9.75%, 11/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18377 | 20313568 |
| TransDigm Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17478 | 16917236 |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12433 | 12035114 |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/15/27 | &nbsp;&nbsp;&nbsp; 35473 | 35451812 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22358 | 22050577 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 40540 | 41198775 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/31/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30860 | 30498938 |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33057 | 33733118 |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 32666 | 33229488 |
| &nbsp;&nbsp;&nbsp; 6.88%, 12/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21590 | 22268250 |
| &nbsp;&nbsp;&nbsp; 7.13%, 12/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16147 | 16712145 |
|  |  | 386151556 |
| **Agriculture — 0.1%** | **Agriculture — 0.1%** | **Agriculture — 0.1%** |
| Darling Ingredients Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6811 | 6755660 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15031 | 15058056 |
|  |  | 21813716 |
| **Airlines — 0.9%** | **Airlines — 0.9%** | **Airlines — 0.9%** |
| Air Canada, 3.88%, 08/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15964 | 15753590 |
| American Airlines Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12401 | 12525010 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16921 | 17530664 |
| &nbsp;&nbsp;&nbsp; American Airlines Inc./AAdvantage Loyalty IP <br> Ltd., 5.75%, 04/20/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 46026 | 45225670 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Airlines (continued)** | **Airlines (continued)** | **Airlines (continued)** |
| &nbsp;&nbsp;&nbsp; JetBlue Airways Corp./JetBlue Loyalty LP, <br> 9.88%, 09/20/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $30748 | $30440520 |
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance PLC/Vista Management <br> Holding Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15181 | 13594585 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6850 | 6691486 |
| &nbsp;&nbsp;&nbsp; 9.50%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7390 | 7283571 |
|  |  | 149045096 |
| **Apparel — 0.1%** | **Apparel — 0.1%** | **Apparel — 0.1%** |
| VF Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.80%, 04/23/27 | &nbsp;&nbsp;&nbsp; 6599 | 6205145 |
| &nbsp;&nbsp;&nbsp; 2.95%, 04/23/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10886 | 9101074 |
|  |  | 15306219 |
| **Auto Manufacturers — 1.0%** | **Auto Manufacturers — 1.0%** | **Auto Manufacturers — 1.0%** |
| Allison Transmission Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/30/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15900 | 14429250 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5373 | 5286011 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7117 | 7137031 |
| &nbsp;&nbsp;&nbsp; Aston Martin Capital Holdings Ltd., 10.00%, <br> 03/31/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 17212 | 16136250 |
| Jaguar Land Rover Automotive PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7082 | 6908093 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5833 | 5739520 |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7982 | 7950133 |
| Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.85%, 09/16/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15702 | 14940973 |
| &nbsp;&nbsp;&nbsp; 2.75%, 03/09/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9429 | 8642290 |
| &nbsp;&nbsp;&nbsp; 5.30%, 09/13/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5831 | 5723847 |
| &nbsp;&nbsp;&nbsp; 7.05%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11096 | 11269403 |
| Nissan Motor Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 09/17/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 31026 | 29801298 |
| &nbsp;&nbsp;&nbsp; 4.81%, 09/17/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 37791 | 34928010 |
|  |  | 168892109 |
| **Auto Parts & Equipment — 1.7%** | **Auto Parts & Equipment — 1.7%** | **Auto Parts & Equipment — 1.7%** |
| Adient Global Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 04/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6788 | 6942834 |
| &nbsp;&nbsp;&nbsp; 7.50%, 02/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12716 | 12620248 |
| &nbsp;&nbsp;&nbsp; 8.25%, 04/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7077 | 7222078 |
| American Axle & Manufacturing Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10181 | 9251984 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6686 | 6638096 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6720 | 6654480 |
| &nbsp;&nbsp;&nbsp; Aptiv PLC/Aptiv Global Financing DAC, 6.88%, <br> 12/15/54, (5-year CMT + 3.385%)<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6885 | 6747300 |
| Clarios Global LP/Clarios U.S. Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11454 | 11672928 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11447 | 11661631 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 27362 | 27481846 |
| Dana Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 09/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5659 | 5354372 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4865 | 4833037 |
| &nbsp;&nbsp;&nbsp; 5.63%, 06/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5008 | 4989199 |
| Goodyear Tire & Rubber Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9984 | 9847619 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/31/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13171 | 13180220 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12938 | 12355790 |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/30/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7692 | 7187482 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8712 | 8123940 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/30/33<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7131 | 6625234 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/30 | &nbsp;&nbsp;&nbsp; 1910 | 1914775 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Auto Parts & Equipment (continued)** | **Auto Parts & Equipment (continued)** | **Auto Parts & Equipment (continued)** |
| IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/15/29, (6.38% Cash)<sup>(a)(e)</sup> | &nbsp;&nbsp;&nbsp; $5197 | $5105654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.75%, 11/15/30, (7.75% Cash and 8.50% <br> PIK)<sup>(a)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 7617 | 7683173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/15/32, (8.00% Cash and 8.75% <br> PIK)<sup>(a)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 6542 | 6558159 |
| Tenneco Inc., 8.00%, 11/17/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30935 | 30470975 |
| ZF North America Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/23/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13040 | 12375431 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/14/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9440 | 9366746 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/23/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11487 | 10539322 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/14/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10310 | 9934534 |
|  |  | 273339087 |
| **Banks — 0.2%** | **Banks — 0.2%** | **Banks — 0.2%** |
| Freedom Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7768 | 7748580 |
| &nbsp;&nbsp;&nbsp; 7.63%, 05/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6353 | 6337117 |
| &nbsp;&nbsp;&nbsp; 12.00%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12282 | 13172445 |
| &nbsp;&nbsp;&nbsp; 12.25%, 10/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7283 | 8042583 |
|  |  | 35300725 |
| **Beverages — 0.1%** | **Beverages — 0.1%** | **Beverages — 0.1%** |
| &nbsp;&nbsp;&nbsp; Primo Water Holdings Inc./Triton Water <br> Holdings Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10811 | 10377155 |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10580 | 10572946 |
|  |  | 20950101 |
| **Building Materials — 2.2%** | **Building Materials — 2.2%** | **Building Materials — 2.2%** |
| Builders FirstSource Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19926 | 18057938 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8110 | 7844566 |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11625 | 11732095 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15445 | 15390623 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10890 | 10952073 |
| &nbsp;&nbsp;&nbsp; Camelot Return Merger Sub Inc., 8.75%, <br> 08/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10483 | 9277455 |
| &nbsp;&nbsp;&nbsp; Cornerstone Building Brands Inc., 9.50%, <br> 08/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7189 | 6389224 |
| EMRLD Borrower LP/Emerald Co-Issuer Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 12/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 41598 | 42013980 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7069 | 7226823 |
| &nbsp;&nbsp;&nbsp; Miter Brands Acquisition Holdco Inc./MIWD <br> Borrower LLC, 6.75%, 04/01/32<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10473 | 10543352 |
| &nbsp;&nbsp;&nbsp; MIWD Holdco II LLC/MIWD Finance Corp., <br> 5.50%, 02/01/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7014 | 6454812 |
| Quikrete Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 63471 | 64505381 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22568 | 22905617 |
| Smyrna Ready Mix Concrete LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16508 | 16264487 |
| &nbsp;&nbsp;&nbsp; 8.88%, 11/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17225 | 17677156 |
| Standard Industries Inc./New York |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 01/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17705 | 15631812 |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 25162 | 23620828 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16613 | 16293515 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12749 | 12664984 |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15770 | 16008144 |
|  |  | 351454865 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Chemicals — 2.8%** | **Chemicals — 2.8%** | **Chemicals — 2.8%** |
| ASP Unifrax Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/30/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $2234 | $796049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.10%, 09/30/29, (5.85% Cash and 1.25% <br> PIK)<sup>(a)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 9627 | 3971196 |
| Avient Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10244 | 10258939 |
| &nbsp;&nbsp;&nbsp; 7.13%, 08/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11657 | 12012305 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Dutch Holding B BV, <br> 7.25%, 02/15/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7121 | 7446358 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems LLC, 3.38%, <br> 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10636 | 9891241 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems LLC/Axalta Coating <br> Systems Dutch Holding B BV, 4.75%, <br> 06/15/27<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6164 | 6099573 |
| Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.40%, 08/05/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2148 | 2059395 |
| &nbsp;&nbsp;&nbsp; 6.42%, 07/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9954 | 10202850 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10833 | 10909134 |
| &nbsp;&nbsp;&nbsp; 6.58%, 07/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11854 | 12176429 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 16329 | 16707670 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/33<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 16549 | 16098040 |
| &nbsp;&nbsp;&nbsp; 6.85%, 11/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15234 | 15781662 |
| &nbsp;&nbsp;&nbsp; 7.05%, 11/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15620 | 16078186 |
| &nbsp;&nbsp;&nbsp; 7.20%, 11/15/33<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 16394 | 17114024 |
| Chemours Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10095 | 8257239 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7107 | 6957469 |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12758 | 11392368 |
| INEOS Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6446 | 6309022 |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10893 | 10715989 |
| Methanex Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 10/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10716 | 10586551 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11303 | 10948874 |
| &nbsp;&nbsp;&nbsp; Methanex U.S. Operations Inc., 6.25%, <br> 03/15/32<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9922 | 9599535 |
| NOVA Chemicals Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8741 | 8367159 |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16907 | 16863191 |
| &nbsp;&nbsp;&nbsp; 7.00%, 12/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6139 | 6422029 |
| &nbsp;&nbsp;&nbsp; 8.50%, 11/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4453 | 4689771 |
| &nbsp;&nbsp;&nbsp; 9.00%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10625 | 11439631 |
| Olin Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7523 | 7117354 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11710 | 11461162 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10001 | 9575957 |
| Olympus Water U.S. Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11707 | 11033847 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5953 | 5521408 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12282 | 12274324 |
| &nbsp;&nbsp;&nbsp; 9.75%, 11/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 28399 | 29770672 |
| SCIH Salt Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16924 | 16420680 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10339 | 10137519 |
| Tronox Inc., 4.63%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16789 | 14119742 |
| WR Grace Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11038 | 10885709 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18577 | 16330344 |
|  |  | 444800597 |
| **Commercial Services — 5.0%** | **Commercial Services — 5.0%** | **Commercial Services — 5.0%** |
| ADT Security Corp. (The), 4.13%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14463 | 13794665 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Commercial Services (continued)** | **Commercial Services (continued)** | **Commercial Services (continued)** |
| &nbsp;&nbsp;&nbsp; Albion Financing 1 SARL / Aggreko <br> Holdings Inc., 7.00%, 05/21/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $15135 | $15380944 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC, 7.88%, <br> 02/15/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 35770 | 37068809 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13750 | 12989573 |
| &nbsp;&nbsp;&nbsp; 9.75%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15351 | 15473624 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal <br> Finance Corp./Atlas Luxco 4 SARL<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17117 | 16368131 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11720 | 11192600 |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental LLC / Avis Budget <br> Finance Inc., 8.38%, 06/15/32<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9435 | 9510480 |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental LLC/Avis Budget <br> Finance Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7314 | 6984870 |
| &nbsp;&nbsp;&nbsp; 5.38%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9273 | 8744439 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5407 | 5326913 |
| &nbsp;&nbsp;&nbsp; 8.00%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7191 | 7264214 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11020 | 11161513 |
| Belron U.K. Finance PLC, 5.75%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16388 | 16428970 |
| Block Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 06/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14234 | 13913735 |
| &nbsp;&nbsp;&nbsp; 3.50%, 06/01/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14105 | 12726902 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 27467 | 28061661 |
| &nbsp;&nbsp;&nbsp; Boost Newco Borrower LLC, 7.50%, <br> 01/15/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 34194 | 36163400 |
| Brink's Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8411 | 8301152 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5253 | 5349684 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5719 | 5859746 |
| Clarivate Science Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 07/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13306 | 12672834 |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14062 | 13002147 |
| EquipmentShare.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7682 | 7899017 |
| &nbsp;&nbsp;&nbsp; 8.63%, 05/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9658 | 10117721 |
| &nbsp;&nbsp;&nbsp; 9.00%, 05/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16377 | 16991137 |
| Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7906 | 7787410 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7183 | 6815927 |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5726 | 5912095 |
| &nbsp;&nbsp;&nbsp; 8.25%, 08/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8019 | 7998509 |
| &nbsp;&nbsp;&nbsp; 8.38%, 11/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15039 | 15057799 |
| GEO Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 8.63%, 04/15/29 | &nbsp;&nbsp;&nbsp; 10710 | 11280308 |
| &nbsp;&nbsp;&nbsp; 10.25%, 04/15/31 | &nbsp;&nbsp;&nbsp; 9615 | 10540155 |
| Herc Holdings Escrow Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4075 | 4196741 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7055 | 7257831 |
| Herc Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16929 | 16802032 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12853 | 13003123 |
| Hertz Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7222 | 6368901 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14418 | 9804240 |
| &nbsp;&nbsp;&nbsp; 12.63%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18260 | 18562203 |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC/Prime <br> Finance Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 08/31/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15504 | 14869905 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Commercial Services (continued)** | **Commercial Services (continued)** | **Commercial Services (continued)** |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $18029 | $18007365 |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings LLC, 6.88%, <br> 11/15/31<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 19650 | 19605591 |
| RR Donnelley & Sons Co. |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17206 | 17300633 |
| &nbsp;&nbsp;&nbsp; 10.88%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6191 | 6014225 |
| Service Corp. International/U.S. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 08/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12943 | 11734286 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/15/31 | &nbsp;&nbsp;&nbsp; 12520 | 11514956 |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7990 | 7867717 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10866 | 10767576 |
| &nbsp;&nbsp;&nbsp; 5.75%, 10/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12243 | 12166481 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC/Shift4 Payments Finance <br> Sub Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4834 | 4825248 |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16983 | 17327755 |
| Sotheby's, 7.38%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11121 | 10954185 |
| United Rentals North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11823 | 10617076 |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10457 | 10182399 |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15767 | 14505640 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11710 | 10975072 |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 22669 | 22411104 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10061 | 9988486 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3920 | 3919332 |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/15/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16626 | 16870610 |
| Wand NewCo 3 Inc., 7.63%, 01/30/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18761 | 19529773 |
| Williams Scotsman Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7231 | 7044242 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6921 | 7050769 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7120 | 7292549 |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7046 | 7290681 |
|  |  | 810769811 |
| **Computers — 0.8%** | **Computers — 0.8%** | **Computers — 0.8%** |
| Amentum Holdings Inc., 7.25%, 08/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15311 | 15625641 |
| McAfee Corp., 7.38%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 30954 | 28632450 |
| NCR Atleos Corp., 9.50%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20401 | 22241170 |
| NCR Voyix Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9575 | 9421029 |
| &nbsp;&nbsp;&nbsp; 5.13%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5220 | 5087483 |
| &nbsp;&nbsp;&nbsp; Seagate Data Storage Technology Pte Ltd., <br> 5.88%, 07/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 1200 | 1201776 |
| Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp; 4.09%, 06/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6773 | 6452518 |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/27 | &nbsp;&nbsp;&nbsp; 6449 | 6458351 |
| &nbsp;&nbsp;&nbsp; 8.25%, 12/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7367 | 7857708 |
| &nbsp;&nbsp;&nbsp; 8.50%, 07/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7885 | 8404848 |
| &nbsp;&nbsp;&nbsp; 9.63%, 12/01/32 | &nbsp;&nbsp;&nbsp; 11326 | 12850937 |
|  |  | 124233911 |
| **Cosmetics & Personal Care — 0.4%** | **Cosmetics & Personal Care — 0.4%** | **Cosmetics & Personal Care — 0.4%** |
| Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7043 | 6583092 |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11619 | 11430772 |
| Opal Bidco SAS, 6.50%, 03/31/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16931 | 16920587 |
| Perrigo Finance Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 06/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11924 | 11476850 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/30/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12395 | 12357815 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Cosmetics & Personal Care (continued)** | **Cosmetics & Personal Care (continued)** | **Cosmetics & Personal Care (continued)** |
| Prestige Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 04/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $10024 | $9095139 |
| &nbsp;&nbsp;&nbsp; 5.13%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3808 | 3782803 |
|  |  | 71647058 |
| **Distribution & Wholesale — 0.3%** | **Distribution & Wholesale — 0.3%** | **Distribution & Wholesale — 0.3%** |
| &nbsp;&nbsp;&nbsp; American Builders & Contractors Supply <br> Co. Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5809 | 5408719 |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10079 | 9735062 |
| &nbsp;&nbsp;&nbsp; H&E Equipment Services Inc., 3.88%, <br> 12/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 15679 | 15821544 |
| RB Global Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7482 | 7641741 |
| &nbsp;&nbsp;&nbsp; 7.75%, 03/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11176 | 11708679 |
|  |  | 50315745 |
| **Diversified Financial Services — 5.1%** | **Diversified Financial Services — 5.1%** | **Diversified Financial Services — 5.1%** |
| AG Issuer LLC, 6.25%, 03/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7890 | 7880960 |
| &nbsp;&nbsp;&nbsp; AG TTMT Escrow Issuer LLC, 8.63%, <br> 09/30/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 7728 | 8001185 |
| Ally Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.65%, 01/17/40, (5-year CMT + 2.450%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 7340 | 7046115 |
| &nbsp;&nbsp;&nbsp; 6.70%, 02/14/33<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7703 | 7831773 |
| Aretec Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5710 | 5683534 |
| &nbsp;&nbsp;&nbsp; 10.00%, 08/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10914 | 11906628 |
| Bread Financial Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.38%, 06/15/35, (5-year CMT + <br> 4.300%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 5755 | 5591213 |
| &nbsp;&nbsp;&nbsp; 9.75%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14302 | 15213752 |
| Burford Capital Global Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6140 | 6109498 |
| &nbsp;&nbsp;&nbsp; 9.25%, 07/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10776 | 11462970 |
| Coinbase Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13975 | 13029484 |
| &nbsp;&nbsp;&nbsp; 3.63%, 10/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10878 | 9453757 |
| Credit Acceptance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7373 | 7330421 |
| &nbsp;&nbsp;&nbsp; 9.25%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9320 | 9851466 |
| Encore Capital Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7453 | 7901671 |
| &nbsp;&nbsp;&nbsp; 9.25%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7051 | 7518129 |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners LLC, 6.75%, <br> 09/15/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 16006 | 16179020 |
| Freedom Mortgage Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 8.38%, 04/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11269 | 11163965 |
| &nbsp;&nbsp;&nbsp; 9.13%, 05/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10948 | 11181557 |
| &nbsp;&nbsp;&nbsp; 9.25%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18349 | 18902406 |
| GGAM Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5303 | 5278076 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6259 | 6398030 |
| &nbsp;&nbsp;&nbsp; 8.00%, 02/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11721 | 12039222 |
| &nbsp;&nbsp;&nbsp; 8.00%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9568 | 10043782 |
| &nbsp;&nbsp;&nbsp; Global Aircraft Leasing Co. Ltd., 8.75%, <br> 09/01/27<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 16889 | 17079001 |
| goeasy Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4680 | 4672038 |
| &nbsp;&nbsp;&nbsp; 7.63%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9518 | 9612419 |
| &nbsp;&nbsp;&nbsp; 9.25%, 12/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8568 | 8994849 |
| &nbsp;&nbsp;&nbsp; Series 144\*, 6.88%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6343 | 6262707 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** |
| Jane Street Group/JSG Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $8746 | $8413943 |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 23417 | 23445393 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16872 | 17283533 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/30/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20431 | 21325469 |
| Jefferies Finance LLC/JFIN Co-Issuer Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14568 | 13792837 |
| &nbsp;&nbsp;&nbsp; 6.63%, 10/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7471 | 7422660 |
| &nbsp;&nbsp;&nbsp; Jefferson Capital Holdings LLC, 8.25%, <br> 05/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6030 | 6173213 |
| Midcap Financial Issuer Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5835 | 5278221 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15417 | 14969546 |
| Nationstar Mortgage Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 12/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8070 | 8077778 |
| &nbsp;&nbsp;&nbsp; 5.50%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11585 | 11566684 |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7499 | 7508074 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8512 | 8507692 |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11891 | 12108105 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14928 | 15542831 |
| Navient Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/15/28 | &nbsp;&nbsp;&nbsp; 7173 | 7003000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10409 | 10297065 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12042 | 11584028 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/26 | &nbsp;&nbsp;&nbsp; 8111 | 8205209 |
| &nbsp;&nbsp;&nbsp; 7.88%, 06/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5900 | 5951625 |
| &nbsp;&nbsp;&nbsp; 9.38%, 07/25/30 | &nbsp;&nbsp;&nbsp; 6866 | 7483597 |
| &nbsp;&nbsp;&nbsp; 11.50%, 03/15/31 | &nbsp;&nbsp;&nbsp; 6982 | 7916279 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 01/15/27 | &nbsp;&nbsp;&nbsp; 10921 | 10572341 |
| &nbsp;&nbsp;&nbsp; 3.88%, 09/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9240 | 8666196 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13477 | 12136038 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11696 | 11326991 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/28 | &nbsp;&nbsp;&nbsp; 12687 | 12924881 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/29 | &nbsp;&nbsp;&nbsp; 13468 | 13619515 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/32 | &nbsp;&nbsp;&nbsp; 8994 | 8942303 |
| &nbsp;&nbsp;&nbsp; 7.13%, 11/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11834 | 12044645 |
| &nbsp;&nbsp;&nbsp; 7.13%, 09/15/32 | &nbsp;&nbsp;&nbsp; 3780 | 3803625 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12002 | 12317052 |
| &nbsp;&nbsp;&nbsp; 7.88%, 03/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11537 | 12041744 |
| &nbsp;&nbsp;&nbsp; 9.00%, 01/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13833 | 14514506 |
| PennyMac Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9324 | 8845407 |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6767 | 6545944 |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9258 | 9309782 |
| &nbsp;&nbsp;&nbsp; 6.88%, 02/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13317 | 13413415 |
| &nbsp;&nbsp;&nbsp; 7.13%, 11/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10839 | 11095749 |
| &nbsp;&nbsp;&nbsp; 7.88%, 12/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12833 | 13506732 |
| PRA Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5331 | 5370983 |
| &nbsp;&nbsp;&nbsp; 8.88%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8016 | 8216400 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 10/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16435 | 15890967 |
| &nbsp;&nbsp;&nbsp; 3.63%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11342 | 10566207 |
| &nbsp;&nbsp;&nbsp; 3.88%, 03/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18412 | 16616543 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11904 | 10282080 |
| SLM Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 11/02/26 | &nbsp;&nbsp;&nbsp; 5695 | 5553992 |
| &nbsp;&nbsp;&nbsp; 6.50%, 01/31/30 | &nbsp;&nbsp;&nbsp; 6747 | 6978211 |
| Synchrony Financial, 7.25%, 02/02/33<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11877 | 12126025 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** |
| United Wholesale Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $10365 | $9916506 |
| &nbsp;&nbsp;&nbsp; 5.75%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7587 | 7476609 |
|  |  | 824097799 |
| **Electric — 3.5%** | **Electric — 3.5%** | **Electric — 3.5%** |
| AES Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 07/15/55, (5-year CMT + <br> 2.890%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6738 | 6368079 |
| &nbsp;&nbsp;&nbsp; 7.60%, 01/15/55, (5-year CMT + 3.201%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 12491 | 12565449 |
| Alpha Generation LLC, 6.75%, 10/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14711 | 14977691 |
| &nbsp;&nbsp;&nbsp; Atlantica Sustainable Infrastructure Ltd., 4.13%, <br> 06/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4991 | 4765885 |
| &nbsp;&nbsp;&nbsp; California Buyer Ltd./Atlantica Sustainable <br> Infrastructure PLC, 6.38%, 02/15/32<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 11328 | 11190308 |
| Calpine Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 03/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12056 | 11136730 |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16664 | 16326387 |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9194 | 8942406 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13258 | 12857608 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18958 | 18794178 |
| Clearway Energy Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15598 | 14050357 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12897 | 12596323 |
| DPL Inc., 4.35%, 04/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5398 | 5180461 |
| Edison International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 06/15/54, (5-year CMT + <br> 3.658%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6028 | 5783765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.13%, 06/15/53, (5-year CMT + <br> 3.864%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 7399 | 7296486 |
| &nbsp;&nbsp;&nbsp; Electricite de France SA, 9.13%, (5-year CMT + <br> 5.411%)<sup>(a)(d)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 21884 | 24651810 |
| Emera Inc., Series 16-A, 6.75%, 06/15/76<sup>(b)(d)</sup> | &nbsp;&nbsp;&nbsp; 19028 | 19147538 |
| &nbsp;&nbsp;&nbsp; EUSHI Finance Inc., 7.63%, 12/15/54, (5-year <br> CMT + 3.136%)<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp; 8117 | 8298821 |
| Lightning Power LLC, 7.25%, 08/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22790 | 23897822 |
| NRG Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7066 | 6609890 |
| &nbsp;&nbsp;&nbsp; 3.63%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15818 | 14343446 |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6830 | 6167874 |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11256 | 11123461 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9833 | 9858903 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11133 | 11103275 |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13137 | 13058178 |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14727 | 14706382 |
| PG&E Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/28 | &nbsp;&nbsp;&nbsp; 15352 | 14980635 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 16048 | 15568807 |
| &nbsp;&nbsp;&nbsp; 7.38%, 03/15/55, (5-year CMT + 3.883%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 21058 | 20598485 |
| Pike Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10110 | 10013385 |
| &nbsp;&nbsp;&nbsp; 8.63%, 01/31/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5777 | 6202131 |
| Talen Energy Supply LLC, 8.63%, 06/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19071 | 20320532 |
| Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17824 | 17197615 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/31/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16668 | 16609354 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12513 | 12526908 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16425 | 16416459 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15436 | 16029562 |
| &nbsp;&nbsp;&nbsp; 7.75%, 10/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20914 | 22175532 |
| XPLR Infrastructure Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7153 | 6947939 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Electric (continued)** | **Electric (continued)** | **Electric (continued)** |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $7953 | $7666692 |
| &nbsp;&nbsp;&nbsp; 7.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11438 | 11466023 |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12778 | 13327850 |
| &nbsp;&nbsp;&nbsp; 8.63%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11026 | 11544682 |
|  |  | 565392104 |
| **Electrical Components & Equipment — 0.5%** | **Electrical Components & Equipment — 0.5%** | **Electrical Components & Equipment — 0.5%** |
| Energizer Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 03/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11752 | 11041004 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9976 | 9618660 |
| WESCO Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13300 | 13564044 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12223 | 12451847 |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13177 | 13517720 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20474 | 20748984 |
|  |  | 80942259 |
| **Electronics — 0.5%** | **Electronics — 0.5%** | **Electronics — 0.5%** |
| Imola Merger Corp., 4.75%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30139 | 28874603 |
| Sensata Technologies BV |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15955 | 14984138 |
| &nbsp;&nbsp;&nbsp; 5.88%, 09/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6915 | 6826142 |
| Sensata Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11727 | 10389536 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6990 | 6563729 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7400 | 7447915 |
|  |  | 75086063 |
| **Energy - Alternate Sources — 0.1%** | **Energy - Alternate Sources — 0.1%** | **Energy - Alternate Sources — 0.1%** |
| TerraForm Power Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10571 | 9919891 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10572 | 10200640 |
|  |  | 20120531 |
| **Engineering & Construction — 0.2%** | **Engineering & Construction — 0.2%** | **Engineering & Construction — 0.2%** |
| Arcosa Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6483 | 6173254 |
| &nbsp;&nbsp;&nbsp; 6.88%, 08/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9648 | 9886989 |
| &nbsp;&nbsp;&nbsp; Brand Industrial Services Inc., 10.38%, <br> 08/01/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 19974 | 17901198 |
|  |  | 33961441 |
| **Entertainment — 2.8%** | **Entertainment — 2.8%** | **Entertainment — 2.8%** |
| &nbsp;&nbsp;&nbsp; AMC Entertainment Holdings Inc., 7.50%, <br> 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 13656 | 10672164 |
| Caesars Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19626 | 18350310 |
| &nbsp;&nbsp;&nbsp; 6.00%, 10/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18170 | 17426120 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24491 | 24660059 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 31359 | 32111368 |
| &nbsp;&nbsp;&nbsp; 8.13%, 07/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7407 | 7425752 |
| Churchill Downs Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11465 | 11207038 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9528 | 9487506 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18814 | 18531790 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10323 | 10506010 |
| Cinemark USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12742 | 12566798 |
| &nbsp;&nbsp;&nbsp; 7.00%, 08/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7093 | 7292313 |
| International Game Technology PLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11436 | 11250165 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12880 | 12996953 |
| Light & Wonder International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8469 | 8469000 |
| &nbsp;&nbsp;&nbsp; 7.25%, 11/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7161 | 7365948 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Entertainment (continued)** | **Entertainment (continued)** | **Entertainment (continued)** |
| &nbsp;&nbsp;&nbsp; 7.50%, 09/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $8121 | $8388477 |
| Live Nation Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7567 | 7266726 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14979 | 14725510 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18166 | 18405610 |
| &nbsp;&nbsp;&nbsp; Merlin Entertainments Group U.S. Holdings Inc., <br> 7.38%, 02/15/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6795 | 6193710 |
| &nbsp;&nbsp;&nbsp; Mohegan Tribal Gaming Authority/MS Digital <br> Entertainment Holdings LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11705 | 11907629 |
| &nbsp;&nbsp;&nbsp; 11.88%, 04/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6051 | 6279244 |
| Motion Bondco DAC, 6.63%, 11/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6072 | 5709653 |
| Motion Finco SARL, 8.38%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6137 | 5651487 |
| Odeon Finco PLC, 12.75%, 11/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5320 | 5506200 |
| &nbsp;&nbsp;&nbsp; Premier Entertainment Sub LLC/Premier <br> Entertainment Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10223 | 6662840 |
| &nbsp;&nbsp;&nbsp; 5.88%, 09/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10338 | 6131941 |
| &nbsp;&nbsp;&nbsp; Resorts World Las Vegas LLC/RWLV <br> Capital Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/16/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14560 | 12719619 |
| &nbsp;&nbsp;&nbsp; 8.45%, 07/27/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5730 | 5639008 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./Canada's <br> Wonderland Co./Magnum <br> Management Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6924 | 6725143 |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5963 | 5947103 |
| Six Flags Entertainment Corp./DE |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6434 | 6420604 |
| &nbsp;&nbsp;&nbsp; 7.25%, 05/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13462 | 13756927 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./Six Flags Theme <br> Parks Inc., 6.63%, 05/01/32<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 13647 | 13919218 |
| Voyager Parent LLC, 9.25%, 07/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19108 | 19744296 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Finance LLC/Wynn Resorts <br> Capital Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11901 | 11564202 |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12620 | 12483073 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16318 | 17118112 |
|  |  | 449185626 |
| **Environmental Control — 0.6%** | **Environmental Control — 0.6%** | **Environmental Control — 0.6%** |
| Clean Harbors Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7964 | 7870430 |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6064 | 6162730 |
| GFL Environmental Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10975 | 10551029 |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8005 | 7682158 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10941 | 10662184 |
| Madison IAQ LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10005 | 9620074 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15247 | 14751473 |
| Reworld Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 12/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11657 | 11011202 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6940 | 6471550 |
| Wrangler Holdco Corp., 6.63%, 04/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7571 | 7802767 |
|  |  | 92585597 |
| **Food — 2.5%** | **Food — 2.5%** | **Food — 2.5%** |
| &nbsp;&nbsp;&nbsp; Albertsons Companies Inc./Safeway Inc./New <br> Albertsons LP/Albertsons LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20687 | 19392408 |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18436 | 18251640 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Food (continued)** | **Food (continued)** | **Food (continued)** |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $15242 | $14821321 |
| &nbsp;&nbsp;&nbsp; 5.88%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11845 | 11837656 |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9227 | 9363167 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9739 | 9931447 |
| B&G Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8177 | 7175317 |
| &nbsp;&nbsp;&nbsp; 8.00%, 09/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12791 | 12041681 |
| &nbsp;&nbsp;&nbsp; Chobani Holdco II LLC, 8.75%, 10/01/29, <br> (8.75% PIK)<sup>(a)(b)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 8024 | 8539986 |
| Chobani LLC/Chobani Finance Corp. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5089 | 4956545 |
| &nbsp;&nbsp;&nbsp; 7.63%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6317 | 6624954 |
| &nbsp;&nbsp;&nbsp; KeHE Distributors LLC/KeHE Finance <br> Corp./NextWave Distribution Inc., 9.00%, <br> 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 15322 | 15973185 |
| Lamb Weston Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15032 | 14174312 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/31/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11159 | 10279898 |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7050 | 6953866 |
| Performance Food Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15644 | 14879094 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15665 | 15590729 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15077 | 15195657 |
| Pilgrim's Pride Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/01/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14001 | 12440071 |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14000 | 13299355 |
| &nbsp;&nbsp;&nbsp; 6.25%, 07/01/33<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15350 | 15943936 |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/34 | &nbsp;&nbsp;&nbsp; 7247 | 7814721 |
| Post Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15845 | 14413998 |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21596 | 20402653 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20419 | 20151452 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17686 | 17974462 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/15/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10219 | 10098673 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18083 | 18040053 |
| U.S. Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7528 | 7236504 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12723 | 12421195 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7006 | 6897670 |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7228 | 7436281 |
| &nbsp;&nbsp;&nbsp; 7.25%, 01/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6457 | 6752214 |
|  |  | 407306101 |
| **Food Service — 0.2%** | **Food Service — 0.2%** | **Food Service — 0.2%** |
| Aramark Services Inc., 5.00%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16602 | 16429672 |
| TKC Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5742 | 5721788 |
| &nbsp;&nbsp;&nbsp; 10.50%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9913 | 10177330 |
|  |  | 32328790 |
| **Forest Products & Paper — 0.2%** | **Forest Products & Paper — 0.2%** | **Forest Products & Paper — 0.2%** |
| Magnera Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7463 | 6296906 |
| &nbsp;&nbsp;&nbsp; 7.25%, 11/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12779 | 11692785 |
| Mercer International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 02/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13334 | 10596309 |
| &nbsp;&nbsp;&nbsp; 12.88%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5602 | 5568631 |
|  |  | 34154631 |
| **Gas — 0.4%** | **Gas — 0.4%** | **Gas — 0.4%** |
| &nbsp;&nbsp;&nbsp; AmeriGas Partners LP / AmeriGas Finance <br> Corp., 9.50%, 06/01/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6610 | 6677422 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Gas (continued)** | **Gas (continued)** | **Gas (continued)** |
| AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/20/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; $7660 | $7486884 |
| &nbsp;&nbsp;&nbsp; 9.38%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7204 | 7276112 |
| Venture Global Plaquemines LNG LLC |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18962 | 19827712 |
| &nbsp;&nbsp;&nbsp; 7.75%, 05/01/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17154 | 18080220 |
|  |  | 59348350 |
| **Health Care - Products — 1.3%** | **Health Care - Products — 1.3%** | **Health Care - Products — 1.3%** |
| Avantor Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12755 | 11879033 |
| &nbsp;&nbsp;&nbsp; 4.63%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23338 | 22729102 |
| Bausch & Lomb Corp., 8.38%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20790 | 21519937 |
| Hologic Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13470 | 12863338 |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5281 | 5209105 |
| Medline Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 66683 | 62808605 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 38856 | 37970083 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP/Medline Co-Issuer Inc., <br> 6.25%, 04/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 22404 | 22796070 |
| Teleflex Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6781 | 6543665 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/27 | &nbsp;&nbsp;&nbsp; 7008 | 6886898 |
|  |  | 211205836 |
| **Health Care - Services — 4.5%** | **Health Care - Services — 4.5%** | **Health Care - Services — 4.5%** |
| Acadia Healthcare Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7473 | 7149793 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5975 | 5885094 |
| &nbsp;&nbsp;&nbsp; 7.38%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8363 | 8523281 |
| Charles River Laboratories International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6757 | 6259234 |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7179 | 6429369 |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7041 | 6750097 |
| CHS/Community Health Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16720 | 14266340 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 23196 | 20884519 |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 28896 | 28426440 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10752 | 10274427 |
| &nbsp;&nbsp;&nbsp; 6.13%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18943 | 14620842 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19198 | 15934340 |
| &nbsp;&nbsp;&nbsp; 10.88%, 01/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 35181 | 37511741 |
| DaVita Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23276 | 20598371 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 44147 | 41261433 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12295 | 12422088 |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15564 | 15791136 |
| Encompass Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/01/28 | &nbsp;&nbsp;&nbsp; 10457 | 10282522 |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/01/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5667 | 5394275 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12163 | 11842288 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14924 | 14878333 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16486 | 16366889 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6803 | 6939112 |
| LifePoint Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6960 | 6577250 |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10974 | 11558365 |
| &nbsp;&nbsp;&nbsp; 9.88%, 08/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12928 | 13862855 |
| &nbsp;&nbsp;&nbsp; 10.00%, 06/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12807 | 13403006 |
| &nbsp;&nbsp;&nbsp; 11.00%, 10/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17347 | 19104742 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Health Care - Services (continued)** | **Health Care - Services (continued)** | **Health Care - Services (continued)** |
| Molina Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $10831 | $9896718 |
| &nbsp;&nbsp;&nbsp; 3.88%, 05/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12024 | 10694596 |
| &nbsp;&nbsp;&nbsp; 4.38%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12797 | 12397094 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11299 | 11290112 |
| MPH Acquisition Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11866 | 9546747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 03/31/31, (6.00% Cash and 0.75% <br> PIK)<sup>(a)(b)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 10197 | 7482505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.50%, 12/31/30, (6.50% Cash and 5.00% <br> PIK)<sup>(a)(b)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 9439 | 9297608 |
| &nbsp;&nbsp;&nbsp; Prime Healthcare Services Inc., 9.38%, <br> 09/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 23479 | 23866403 |
| Radiology Partners Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.78%, 01/31/29, (4.28% Cash and 3.50% <br> PIK)<sup>(a)(b)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 10855 | 10891347 |
| &nbsp;&nbsp;&nbsp; 9.78%, 02/15/30, (6.78% PIK)<sup>(a)(b)(e)</sup> | &nbsp;&nbsp;&nbsp; 10464 | 10064267 |
| Star Parent Inc., 9.00%, 10/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15650 | 16164295 |
| Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/29 | &nbsp;&nbsp;&nbsp; 20976 | 20092898 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 21559 | 20569082 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/15/28 | &nbsp;&nbsp;&nbsp; 9052 | 8876391 |
| &nbsp;&nbsp;&nbsp; 5.13%, 11/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 19117 | 18994269 |
| &nbsp;&nbsp;&nbsp; 6.13%, 10/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 35613 | 35680576 |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 28438 | 28757927 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/01/27 | &nbsp;&nbsp;&nbsp; 19521 | 19543254 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 19116 | 19689862 |
| &nbsp;&nbsp;&nbsp; U.S. Acute Care Solutions LLC, 9.75%, <br> 05/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 14969 | 15218795 |
|  |  | 722212928 |
| **Holding Companies - Diversified — 0.6%** | **Holding Companies - Diversified — 0.6%** | **Holding Companies - Diversified — 0.6%** |
| &nbsp;&nbsp;&nbsp; Compass Group Diversified Holdings LLC, <br> 5.25%, 04/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 14638 | 12625275 |
| &nbsp;&nbsp;&nbsp; Icahn Enterprises LP/Icahn Enterprises <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11968 | 9768460 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/27 | &nbsp;&nbsp;&nbsp; 20434 | 19455504 |
| &nbsp;&nbsp;&nbsp; 6.25%, 05/15/26 | &nbsp;&nbsp;&nbsp; 9062 | 8973283 |
| &nbsp;&nbsp;&nbsp; 9.00%, 06/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11722 | 10626240 |
| &nbsp;&nbsp;&nbsp; 9.75%, 01/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11473 | 11133930 |
| &nbsp;&nbsp;&nbsp; 10.00%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7451 | 7259076 |
| Stena International SA |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 01/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12468 | 12466913 |
| &nbsp;&nbsp;&nbsp; 7.63%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5526 | 5592441 |
|  |  | 97901122 |
| **Home Builders — 0.5%** | **Home Builders — 0.5%** | **Home Builders — 0.5%** |
| &nbsp;&nbsp;&nbsp; Ashton Woods USA LLC/Ashton Woods <br> Finance Co., 4.63%, 04/01/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6036 | 5650087 |
| &nbsp;&nbsp;&nbsp; Brookfield Residential Properties Inc./Brookfield <br> Residential U.S. LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7064 | 6145680 |
| &nbsp;&nbsp;&nbsp; 6.25%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9428 | 9263010 |
| Century Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7413 | 6718031 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/01/27 | &nbsp;&nbsp;&nbsp; 6625 | 6627451 |
| LGI Homes Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 11/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5664 | 5259817 |
| &nbsp;&nbsp;&nbsp; 8.75%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5875 | 6050721 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Home Builders (continued)** | **Home Builders (continued)** | **Home Builders (continued)** |
| Mattamy Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $9785 | $9192801 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7175 | 7119287 |
| Taylor Morrison Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 08/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7997 | 7779916 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6739 | 6761376 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7035 | 7075247 |
|  |  | 83643424 |
| **Home Furnishings — 0.2%** | **Home Furnishings — 0.2%** | **Home Furnishings — 0.2%** |
| Somnigroup International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12640 | 11249600 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12489 | 11754388 |
| Whirlpool Corp., 4.75%, 02/26/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1070 | 1032346 |
|  |  | 24036334 |
| **Household Products & Wares — 0.1%** | **Household Products & Wares — 0.1%** | **Household Products & Wares — 0.1%** |
| Central Garden & Pet Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 10/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6801 | 6294267 |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/30/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6503 | 5923834 |
| Kronos Acquisition Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 06/30/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8321 | 7280875 |
| &nbsp;&nbsp;&nbsp; 10.75%, 06/30/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5928 | 3956940 |
|  |  | 23455916 |
| **Housewares — 0.5%** | **Housewares — 0.5%** | **Housewares — 0.5%** |
| Newell Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 04/01/26 | &nbsp;&nbsp;&nbsp; 4302 | 4326244 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7325 | 7346975 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12311 | 11603117 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/15/29 | &nbsp;&nbsp;&nbsp; 7296 | 7059325 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7144 | 6590340 |
| &nbsp;&nbsp;&nbsp; 8.50%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19000 | 19665000 |
| Scotts Miracle-Gro Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/01/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7375 | 6611227 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5862 | 5258830 |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5578 | 5296004 |
|  |  | 73757062 |
| **Insurance — 2.9%** | **Insurance — 2.9%** | **Insurance — 2.9%** |
| Acrisure LLC/Acrisure Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10475 | 10040078 |
| &nbsp;&nbsp;&nbsp; 6.00%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6779 | 6563258 |
| &nbsp;&nbsp;&nbsp; 7.50%, 11/06/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17664 | 18228541 |
| &nbsp;&nbsp;&nbsp; 8.25%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14143 | 14609012 |
| &nbsp;&nbsp;&nbsp; 8.50%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7119 | 7415760 |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC/Alliant <br> Holdings Co-Issuer<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9903 | 9616723 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5748 | 5597087 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15443 | 15576588 |
| &nbsp;&nbsp;&nbsp; 6.75%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18589 | 18627793 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19000 | 19230869 |
| &nbsp;&nbsp;&nbsp; 7.00%, 01/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21488 | 21987166 |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10642 | 10922512 |
| AmWINS Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12082 | 11570116 |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11659 | 11816559 |
| Ardonagh Finco Ltd., 7.75%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17935 | 18546404 |
| &nbsp;&nbsp;&nbsp; Ardonagh Group Finance Ltd., 8.88%, <br> 02/15/32<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 23642 | 24410365 |
| AssuredPartners Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6124 | 6110946 |
| &nbsp;&nbsp;&nbsp; 7.50%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5984 | 6404836 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| &nbsp;&nbsp;&nbsp; FWD Group Holdings Ltd., 8.40%, <br> 04/05/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $11881 | $12302190 |
| Global Atlantic Fin Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 10/15/51, (5-year CMT + <br> 3.796%)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 9374 | 9081063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.95%, 10/15/54, (5-year CMT + <br> 3.608%)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 8101 | 8313624 |
| &nbsp;&nbsp;&nbsp; Howden U.K. Refinance PLC/Howden U.K. <br> Refinance 2 PLC/Howden U.S. Refinance <br> LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15740 | 16128581 |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7259 | 7447140 |
| HUB International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6945 | 6868605 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 49092 | 51098066 |
| &nbsp;&nbsp;&nbsp; 7.38%, 01/31/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 28806 | 30061849 |
| Jones Deslauriers Insurance Management Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10690 | 11205793 |
| &nbsp;&nbsp;&nbsp; 10.50%, 12/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6747 | 7224131 |
| &nbsp;&nbsp;&nbsp; Liberty Mutual Group Inc., 4.13%, 12/15/51, <br> (5-year CMT + 3.315%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6905 | 6643605 |
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC, 7.13%, <br> 06/01/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 46871 | 48492737 |
| Ryan Specialty LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5813 | 5530248 |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17341 | 17232619 |
|  |  | 474904864 |
| **Internet — 1.7%** | **Internet — 1.7%** | **Internet — 1.7%** |
| Arches Buyer Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13242 | 12471448 |
| &nbsp;&nbsp;&nbsp; 6.13%, 12/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7269 | 6636423 |
| &nbsp;&nbsp;&nbsp; Cogent Communications Group LLC, 7.00%, <br> 06/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5744 | 5775764 |
| Gen Digital Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15510 | 15684487 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12695 | 12904973 |
| &nbsp;&nbsp;&nbsp; 7.13%, 09/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9494 | 9803407 |
| &nbsp;&nbsp;&nbsp; Go Daddy Operating Co. LLC/GD Finance <br> Co. Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12472 | 11614425 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8481 | 8421527 |
| ION Trading Technologies SARL |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6538 | 6322246 |
| &nbsp;&nbsp;&nbsp; 9.50%, 05/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12663 | 13116798 |
| Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 10/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7310 | 6385320 |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6784 | 6245900 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6810 | 6575055 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5552 | 5498246 |
| Newfold Digital Holdings Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9529 | 5530496 |
| &nbsp;&nbsp;&nbsp; 11.75%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8253 | 6110307 |
| Rakuten Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, (5-year CMT + 4.956%)<sup>(a)(b)(d)(f)</sup> | &nbsp;&nbsp;&nbsp; 13942 | 12621184 |
| &nbsp;&nbsp;&nbsp; 8.13%, , (5-year CMT + 4.250%)<sup>(a)(d)(f)</sup> | &nbsp;&nbsp;&nbsp; 8155 | 7824043 |
| &nbsp;&nbsp;&nbsp; 9.75%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30013 | 32175437 |
| &nbsp;&nbsp;&nbsp; 11.25%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 25973 | 28005907 |
| Snap Inc., 6.88%, 03/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 24321 | 24625012 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Internet (continued)** | **Internet (continued)** | **Internet (continued)** |
| Wayfair LLC |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 10/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $12066 | $11775857 |
| &nbsp;&nbsp;&nbsp; 7.75%, 09/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11122 | 10899560 |
|  |  | 267023822 |
| **Iron & Steel — 0.8%** | **Iron & Steel — 0.8%** | **Iron & Steel — 0.8%** |
| ATI Inc., 7.25%, 08/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5582 | 5833208 |
| Cleveland-Cliffs Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7882 | 7761800 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11139 | 10116301 |
| &nbsp;&nbsp;&nbsp; 6.88%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14693 | 13598372 |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21503 | 18573216 |
| &nbsp;&nbsp;&nbsp; 7.38%, 05/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14320 | 12275390 |
| &nbsp;&nbsp;&nbsp; 7.50%, 09/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13734 | 12296594 |
| Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 11/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11096 | 11062271 |
| &nbsp;&nbsp;&nbsp; 8.13%, 05/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10535 | 10548379 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10056 | 9933820 |
| &nbsp;&nbsp;&nbsp; 9.25%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17083 | 17416119 |
|  |  | 129415470 |
| **Leisure Time — 1.0%** | **Leisure Time — 1.0%** | **Leisure Time — 1.0%** |
| NCL Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17829 | 17827620 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 27988 | 27988000 |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10138 | 10654403 |
| &nbsp;&nbsp;&nbsp; 8.13%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12963 | 13648095 |
| NCL Finance Ltd., 6.13%, 03/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7216 | 7256018 |
| Sabre GLBL Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.63%, 06/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9731 | 10039959 |
| &nbsp;&nbsp;&nbsp; 10.75%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13152 | 13415040 |
| &nbsp;&nbsp;&nbsp; 11.13%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9955 | 10213830 |
| Viking Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11301 | 11295123 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8198 | 8261125 |
| &nbsp;&nbsp;&nbsp; 9.13%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12484 | 13404695 |
| VOC Escrow Ltd., 5.00%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10250 | 10111692 |
|  |  | 154115600 |
| **Lodging — 2.5%** | **Lodging — 2.5%** | **Lodging — 2.5%** |
| Boyd Gaming Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 12/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14833 | 14618366 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15508 | 14499980 |
| Hilton Domestic Operating Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22230 | 19761136 |
| &nbsp;&nbsp;&nbsp; 3.75%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13560 | 12820603 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17063 | 15779180 |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15577 | 15265907 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5841 | 5850031 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7849 | 7925418 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15200 | 15304728 |
| &nbsp;&nbsp;&nbsp; 6.13%, 04/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7390 | 7494982 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Borrower <br> Escrow LLC/Hilton Grand Vacations <br> Borrower Esc<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6808 | 6103712 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13246 | 12428555 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15059 | 15040176 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Finance LLC/Hilton Worldwide <br> Finance Corp., 4.88%, 04/01/27<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6710 | 6681084 |
| Melco Resorts Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/04/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17786 | 16374434 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/17/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9206 | 9003439 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Lodging (continued)** | **Lodging (continued)** | **Lodging (continued)** |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/21/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $12195 | $11693381 |
| &nbsp;&nbsp;&nbsp; 7.63%, 04/17/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10768 | 10660320 |
| MGM China Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11382 | 11162897 |
| &nbsp;&nbsp;&nbsp; 7.13%, 06/26/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7269 | 7395141 |
| MGM Resorts International |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 09/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4662 | 4641589 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12004 | 11742279 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27 | &nbsp;&nbsp;&nbsp; 10407 | 10397786 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13505 | 13549434 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11569 | 11547250 |
| Station Casinos LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10219 | 9912430 |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7588 | 6946744 |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7004 | 7011696 |
| Studio City Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16260 | 14673790 |
| &nbsp;&nbsp;&nbsp; 6.50%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6759 | 6597612 |
| Travel & Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9960 | 9448476 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/01/27 | &nbsp;&nbsp;&nbsp; 5758 | 5801876 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/31/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9917 | 10019244 |
| Wynn Macau Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 12/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14982 | 13995285 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10881 | 10678283 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/26/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19715 | 18999671 |
|  |  | 401826915 |
| **Machinery — 0.6%** | **Machinery — 0.6%** | **Machinery — 0.6%** |
| Chart Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 01/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20317 | 21164016 |
| &nbsp;&nbsp;&nbsp; 9.50%, 01/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7643 | 8139976 |
| &nbsp;&nbsp;&nbsp; Husky Injection Molding Systems Ltd./Titan <br> Co-Borrower LLC, 9.00%, 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 16367 | 16724098 |
| Terex Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9461 | 9120808 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12358 | 12131725 |
| &nbsp;&nbsp;&nbsp; TK Elevator Holdco GmbH, 7.63%, <br> 07/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5800 | 5807250 |
| &nbsp;&nbsp;&nbsp; TK Elevator U.S. Newco Inc., 5.25%, <br> 07/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 25065 | 24811312 |
|  |  | 97899185 |
| **Manufacturing — 0.3%** | **Manufacturing — 0.3%** | **Manufacturing — 0.3%** |
| Axon Enterprise Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15349 | 15617607 |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11342 | 11533680 |
| FXI Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 12.25%, 11/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7491 | 6598482 |
| &nbsp;&nbsp;&nbsp; 12.25%, 11/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12179 | 10757102 |
| Hillenbrand Inc., 6.25%, 02/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7378 | 7403011 |
|  |  | 51909882 |
| **Media — 9.2%** | **Media — 9.2%** | **Media — 9.2%** |
| AMC Networks Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15543 | 11890395 |
| &nbsp;&nbsp;&nbsp; 10.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15375 | 16297500 |
| CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 44968 | 41033300 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 30404 | 26351147 |
| &nbsp;&nbsp;&nbsp; 4.50%, 08/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 40691 | 38173899 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 42331 | 38542375 |
| &nbsp;&nbsp;&nbsp; 4.50%, 06/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 26119 | 23222403 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $46427 | $44332232 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18164 | 16790473 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 35907 | 35233744 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 45218 | 44759928 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20085 | 19800195 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8257 | 8236358 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21608 | 21901912 |
| &nbsp;&nbsp;&nbsp; 7.38%, 03/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15492 | 16036962 |
| CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13244 | 8674820 |
| &nbsp;&nbsp;&nbsp; 4.13%, 12/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15010 | 10279159 |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20089 | 13585186 |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 35296 | 16179164 |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6474 | 2946641 |
| &nbsp;&nbsp;&nbsp; 5.38%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14379 | 13120838 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19347 | 18331282 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 34478 | 17590141 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 27056 | 21490581 |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16356 | 12677945 |
| &nbsp;&nbsp;&nbsp; 11.25%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14556 | 14410440 |
| &nbsp;&nbsp;&nbsp; 11.75%, 01/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 31169 | 29241141 |
| Directv Financing LLC, 8.88%, 02/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12017 | 11848762 |
| &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 57325 | 56465125 |
| &nbsp;&nbsp;&nbsp; 10.00%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 31680 | 30802464 |
| DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 40623 | 37373160 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36012 | 30565185 |
| &nbsp;&nbsp;&nbsp; 7.38%, 07/01/28 | &nbsp;&nbsp;&nbsp; 15516 | 10706040 |
| &nbsp;&nbsp;&nbsp; 7.75%, 07/01/26 | &nbsp;&nbsp;&nbsp; 28442 | 24460120 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/01/29 | &nbsp;&nbsp;&nbsp; 22063 | 14451265 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 50315 | 51887344 |
| Gray Television Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12915 | 9347231 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19076 | 13617593 |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7329 | 7277697 |
| &nbsp;&nbsp;&nbsp; 10.50%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19975 | 21248406 |
| iHeartCommunications Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 08/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10059 | 7766971 |
| &nbsp;&nbsp;&nbsp; 9.13%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11143 | 9318004 |
| &nbsp;&nbsp;&nbsp; 10.88%, 05/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9567 | 4697689 |
| LCPR Senior Secured Financing DAC |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13421 | 8656923 |
| &nbsp;&nbsp;&nbsp; 6.75%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18359 | 13224006 |
| McGraw-Hill Education Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14708 | 14604137 |
| &nbsp;&nbsp;&nbsp; 7.38%, 09/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11081 | 11388830 |
| &nbsp;&nbsp;&nbsp; 8.00%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12847 | 12879118 |
| Nexstar Media Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16709 | 16063578 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24916 | 24799316 |
| Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/28/57<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 10147 | 9588915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 03/30/62, (5-year CMT + <br> 3.999%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 14097 | 13716381 |
| Radiate Holdco LLC/Radiate Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15195 | 13066749 |
| &nbsp;&nbsp;&nbsp; 6.50%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16003 | 10540512 |
| Scripps Escrow II Inc., 3.88%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7199 | 6155145 |
| Scripps Escrow Inc., 5.88%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6403 | 5416415 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |
| Sinclair Television Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 12/31/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $853 | $615968 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6604 | 5596890 |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 23322 | 23334361 |
| Sirius XM Radio Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 09/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14967 | 14611534 |
| &nbsp;&nbsp;&nbsp; 3.88%, 09/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22846 | 19981098 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30418 | 28844535 |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22640 | 20610890 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23363 | 23089623 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19643 | 19293109 |
| Sunrise FinCo I BV, 4.88%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18986 | 17562050 |
| TEGNA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17757 | 17224290 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17514 | 16687689 |
| &nbsp;&nbsp;&nbsp; Telenet Finance Luxembourg Notes SARL, <br> 5.50%, 03/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 12000 | 11801202 |
| Univision Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15958 | 14162725 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 23965 | 23965000 |
| &nbsp;&nbsp;&nbsp; 7.38%, 06/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14802 | 13821368 |
| &nbsp;&nbsp;&nbsp; 8.00%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 21812 | 21771102 |
| &nbsp;&nbsp;&nbsp; 8.50%, 07/31/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19116 | 18351360 |
| &nbsp;&nbsp;&nbsp; Virgin Media Finance PLC, 5.00%, <br> 07/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 14593 | 13235559 |
| Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 08/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14518 | 13382296 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20582 | 20015995 |
| &nbsp;&nbsp;&nbsp; Virgin Media Vendor Financing Notes IV DAC, <br> 5.00%, 07/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6969 | 6799034 |
| VZ Secured Financing BV, 5.00%, 01/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24250 | 20891375 |
| Ziggo Bond Co. BV, 5.13%, 02/28/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6464 | 5478240 |
| Ziggo BV, 4.88%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15790 | 14413112 |
|  |  | 1488603647 |
| **Mining — 1.1%** | **Mining — 1.1%** | **Mining — 1.1%** |
| Alcoa Nederland Holding BV |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 03/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7110 | 6687168 |
| &nbsp;&nbsp;&nbsp; 7.13%, 03/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11647 | 12075350 |
| Alumina Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7152 | 7153550 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7046 | 6964531 |
| Arsenal AIC Parent LLC |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 10/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10430 | 10928359 |
| &nbsp;&nbsp;&nbsp; 11.50%, 10/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7407 | 8248488 |
| Constellium SE, 3.75%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7143 | 6593632 |
| FMG Resources August 2006 Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22218 | 20366545 |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8752 | 8564074 |
| FMG Resources August Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10465 | 10453104 |
| &nbsp;&nbsp;&nbsp; 6.13%, 04/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11842 | 11804068 |
| Kaiser Aluminum Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 06/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8144 | 7481893 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6880 | 6683006 |
| Novelis Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 11/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10496 | 10293742 |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11465 | 10190474 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 26727 | 25390650 |
| &nbsp;&nbsp;&nbsp; 6.88%, 01/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13381 | 13770536 |
|  |  | 183649170 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Office & Business Equipment — 0.2%** | **Office & Business Equipment — 0.2%** | **Office & Business Equipment — 0.2%** |
| Xerox Corp., 10.25%, 10/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $5319 | $5451234 |
| Xerox Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 08/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11486 | 8037828 |
| &nbsp;&nbsp;&nbsp; 8.88%, 11/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7121 | 4756163 |
| Xerox Issuer Corp., 13.50%, 04/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5895 | 5890579 |
|  |  | 24135804 |
| **Oil & Gas — 5.4%** | **Oil & Gas — 5.4%** | **Oil & Gas — 5.4%** |
| &nbsp;&nbsp;&nbsp; Aethon United BR LP/Aethon United Finance <br> Corp., 7.50%, 10/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 15178 | 15565324 |
| &nbsp;&nbsp;&nbsp; Ascent Resources Utica Holdings LLC/ARU <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6069 | 6044906 |
| &nbsp;&nbsp;&nbsp; 6.63%, 10/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9182 | 9226114 |
| &nbsp;&nbsp;&nbsp; 8.25%, 12/31/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7722 | 7840380 |
| Baytex Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 03/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8281 | 7477743 |
| &nbsp;&nbsp;&nbsp; 8.50%, 04/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12305 | 11936137 |
| CITGO Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9643 | 9609250 |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13718 | 13917797 |
| Civitas Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5360 | 5261239 |
| &nbsp;&nbsp;&nbsp; 8.38%, 07/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20872 | 21028540 |
| &nbsp;&nbsp;&nbsp; 8.63%, 11/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16052 | 15818256 |
| &nbsp;&nbsp;&nbsp; 8.75%, 07/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20914 | 20469577 |
| &nbsp;&nbsp;&nbsp; 9.63%, 06/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2645 | 2648703 |
| CNX Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7318 | 7244363 |
| &nbsp;&nbsp;&nbsp; 7.25%, 03/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9745 | 9927719 |
| &nbsp;&nbsp;&nbsp; 7.38%, 01/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6988 | 7147851 |
| Comstock Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15446 | 14596470 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18933 | 18654685 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5296 | 5178011 |
| Crescent Energy Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 01/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15799 | 14653572 |
| &nbsp;&nbsp;&nbsp; 7.63%, 04/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17249 | 16252870 |
| &nbsp;&nbsp;&nbsp; 9.25%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16333 | 16863822 |
| CVR Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5570 | 5293512 |
| &nbsp;&nbsp;&nbsp; 8.50%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10680 | 10376795 |
| Encino Acquisition Partners Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11838 | 12148747 |
| &nbsp;&nbsp;&nbsp; 8.75%, 05/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6653 | 7251770 |
| Energian Israel Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/30/26<sup>(a)(g)</sup> | &nbsp;&nbsp;&nbsp; 4283 | 4227810 |
| &nbsp;&nbsp;&nbsp; 5.38%, 03/30/28<sup>(a)(g)</sup> | &nbsp;&nbsp;&nbsp; 8155 | 7746949 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/30/31<sup>(a)(g)</sup> | &nbsp;&nbsp;&nbsp; 8672 | 7975201 |
| &nbsp;&nbsp;&nbsp; 8.50%, 09/30/33<sup>(a)(g)</sup> | &nbsp;&nbsp;&nbsp; 10174 | 10370927 |
| Hilcorp Energy I LP/Hilcorp Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8553 | 8161273 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7119 | 6727170 |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8993 | 8294383 |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8594 | 8473206 |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6984 | 6352045 |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6382 | 5783688 |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15037 | 13854089 |
| &nbsp;&nbsp;&nbsp; 8.38%, 11/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9445 | 9385780 |
| Leviathan Bond Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8715 | 8614844 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7433 | 7302641 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Oil & Gas (continued)** | **Oil & Gas (continued)** | **Oil & Gas (continued)** |
| Matador Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $11405 | $10952269 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13832 | 13551210 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7268 | 7358926 |
| Nabors Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 05/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11297 | 10845120 |
| &nbsp;&nbsp;&nbsp; 8.88%, 08/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8487 | 5781470 |
| &nbsp;&nbsp;&nbsp; 9.13%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10866 | 9881400 |
| Noble Finance II LLC, 8.00%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22216 | 22133801 |
| Northern Oil & Gas Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.13%, 03/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10348 | 10390116 |
| &nbsp;&nbsp;&nbsp; 8.75%, 06/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6952 | 7011646 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11895 | 11235541 |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12436 | 11674295 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6988 | 6973212 |
| &nbsp;&nbsp;&nbsp; 6.63%, 08/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6644 | 6653562 |
| PBF Holding Co. LLC/PBF Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/28 | &nbsp;&nbsp;&nbsp; 12307 | 11378879 |
| &nbsp;&nbsp;&nbsp; 7.88%, 09/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7425 | 6487594 |
| &nbsp;&nbsp;&nbsp; 9.88%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12942 | 12326968 |
| Permian Resources Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11328 | 11186400 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14319 | 14122114 |
| &nbsp;&nbsp;&nbsp; 7.00%, 01/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16800 | 17220060 |
| &nbsp;&nbsp;&nbsp; 8.00%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9100 | 9270711 |
| Range Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7002 | 6730743 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/29 | &nbsp;&nbsp;&nbsp; 8006 | 8223043 |
| SM Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6328 | 6279430 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5759 | 5750545 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/15/26 | &nbsp;&nbsp;&nbsp; 5583 | 5582442 |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12293 | 12035093 |
| &nbsp;&nbsp;&nbsp; 7.00%, 08/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11241 | 10784953 |
| Sunoco LP |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 07/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15766 | 15767892 |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11785 | 12139812 |
| &nbsp;&nbsp;&nbsp; 7.25%, 05/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11919 | 12359817 |
| Sunoco LP/Sunoco Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12029 | 11517712 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/30/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13279 | 12532056 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5933 | 5919639 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/27 | &nbsp;&nbsp;&nbsp; 7365 | 7358191 |
| &nbsp;&nbsp;&nbsp; 7.00%, 09/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7099 | 7271742 |
| Talos Production Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 9.00%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9964 | 9891462 |
| &nbsp;&nbsp;&nbsp; 9.38%, 02/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10418 | 10235685 |
| Transocean Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 02/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7401 | 7243947 |
| &nbsp;&nbsp;&nbsp; 8.25%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13837 | 12431576 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13490 | 11567675 |
| &nbsp;&nbsp;&nbsp; 8.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14689 | 14893380 |
| &nbsp;&nbsp;&nbsp; Transocean Titan Financing Ltd., 8.38%, <br> 02/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6731 | 6823986 |
| Valaris Ltd., 8.38%, 04/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17808 | 17820751 |
| Vital Energy Inc., 7.88%, 04/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15894 | 12874140 |
|  |  | 866175165 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Oil & Gas Services — 0.5%** | **Oil & Gas Services — 0.5%** | **Oil & Gas Services — 0.5%** |
| &nbsp;&nbsp;&nbsp; Archrock Partners LP/Archrock Partners <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $12931 | $12914698 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10349 | 10374924 |
| &nbsp;&nbsp;&nbsp; USA Compression Partners LP/USA <br> Compression Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/27 | &nbsp;&nbsp;&nbsp; 13857 | 13851319 |
| &nbsp;&nbsp;&nbsp; 7.13%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16879 | 17132185 |
| &nbsp;&nbsp;&nbsp; Weatherford International Ltd., 8.63%, <br> 04/30/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 26238 | 26651511 |
|  |  | 80924637 |
| **Packaging & Containers — 2.3%** | **Packaging & Containers — 2.3%** | **Packaging & Containers — 2.3%** |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance <br> USA LLC/Ardagh Metal Packaging <br> Finance PLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 09/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9243 | 8507366 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15039 | 13337788 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9640 | 9656265 |
| &nbsp;&nbsp;&nbsp; Ardagh Packaging Finance PLC/Ardagh <br> Holdings USA Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17613 | 15939765 |
| , 5.25%, 08/15/27<sup>(a)</sup> <br>| &nbsp;&nbsp;&nbsp; 27047 | 12220720 |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 08/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 19394 | 17188320 |
| &nbsp;&nbsp;&nbsp; 3.13%, 09/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12727 | 11169253 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/29 | &nbsp;&nbsp;&nbsp; 15403 | 15688672 |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10241 | 10474840 |
| Clydesdale Acquisition Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6385 | 6437475 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21089 | 21299890 |
| &nbsp;&nbsp;&nbsp; 6.88%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7337 | 7421742 |
| &nbsp;&nbsp;&nbsp; 8.75%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16552 | 16842157 |
| Crown Americas LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6978 | 6953158 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5856 | 5812080 |
| &nbsp;&nbsp;&nbsp; Crown Americas LLC/Crown Americas Capital <br> Corp. V, 4.25%, 09/30/26<br>| &nbsp;&nbsp;&nbsp; 4415 | 4363013 |
| Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6677 | 6329635 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5462 | 5025722 |
| &nbsp;&nbsp;&nbsp; 6.38%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7630 | 7642337 |
| LABL Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6980 | 5967132 |
| &nbsp;&nbsp;&nbsp; 8.25%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6592 | 5323040 |
| &nbsp;&nbsp;&nbsp; 8.63%, 10/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13835 | 11494367 |
| &nbsp;&nbsp;&nbsp; 10.50%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10085 | 9577283 |
| Mauser Packaging Solutions Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 43258 | 43632930 |
| &nbsp;&nbsp;&nbsp; 9.25%, 04/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20658 | 20342497 |
| OI European Group BV, 4.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5792 | 5443802 |
| Owens-Brockway Glass Container Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/13/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8720 | 8724883 |
| &nbsp;&nbsp;&nbsp; 7.25%, 05/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11125 | 11115878 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5902 | 5723518 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6266 | 6141463 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5234 | 5358027 |
| Sealed Air Corp./Sealed Air Corp. U.S. |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11523 | 11641917 |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5739 | 5997255 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Packaging & Containers (continued)** | **Packaging & Containers (continued)** | **Packaging & Containers (continued)** |
| Trivium Packaging Finance BV |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $2751 | $2850724 |
| &nbsp;&nbsp;&nbsp; 12.25%, 01/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5749 | 6043636 |
|  |  | 367688550 |
| **Pharmaceuticals — 2.8%** | **Pharmaceuticals — 2.8%** | **Pharmaceuticals — 2.8%** |
| 1261229 BC Ltd., 10.00%, 04/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 58142 | 57560580 |
| AdaptHealth LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6928 | 6395699 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9805 | 9057369 |
| &nbsp;&nbsp;&nbsp; Bausch Health Americas Inc., 8.50%, <br> 01/31/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8901 | 8376126 |
| Bausch Health Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20090 | 16398462 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5510 | 4289921 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6120 | 3846044 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10258 | 5800030 |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6070 | 3235093 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10183 | 6668094 |
| &nbsp;&nbsp;&nbsp; 11.00%, 09/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22323 | 21387401 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 12/10/54, (5-year CMT + 2.516%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 10826 | 10548205 |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/10/55, (5-year CMT + 2.886%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 32405 | 32631835 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings Inc., 8.50%, <br> 04/15/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 15492 | 16025558 |
| &nbsp;&nbsp;&nbsp; HLF Financing SARL LLC/Herbalife <br> International Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9212 | 7553287 |
| &nbsp;&nbsp;&nbsp; 12.25%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11867 | 12899429 |
| Jazz Securities DAC, 4.38%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22015 | 21119870 |
| &nbsp;&nbsp;&nbsp; Organon & Co./Organon Foreign Debt <br> Co-Issuer BV<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/30/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 30028 | 28192088 |
| &nbsp;&nbsp;&nbsp; 5.13%, 04/30/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 30919 | 25971960 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7127 | 6628110 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/15/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7165 | 6179813 |
| Owens & Minor Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6909 | 5650387 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7789 | 6591909 |
| &nbsp;&nbsp;&nbsp; 10.00%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16278 | 17002688 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.15%, 10/01/26 | &nbsp;&nbsp;&nbsp; 48857 | 47807552 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/09/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14542 | 14416891 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/09/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14463 | 14277150 |
| &nbsp;&nbsp;&nbsp; 6.00%, 12/01/32 | &nbsp;&nbsp;&nbsp; 2910 | 2932483 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 16671 | 17176340 |
| &nbsp;&nbsp;&nbsp; 7.88%, 09/15/29 | &nbsp;&nbsp;&nbsp; 9001 | 9718393 |
| &nbsp;&nbsp;&nbsp; 8.13%, 09/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7519 | 8349868 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands IV <br> BV, 5.75%, 12/01/30<br>| &nbsp;&nbsp;&nbsp; 2725 | 2747070 |
|  |  | 457435705 |
| **Pipelines — 4.7%** | **Pipelines — 4.7%** | **Pipelines — 4.7%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero <br> Midstream Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11414 | 11282168 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8446 | 8431404 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9170 | 9133870 |
| &nbsp;&nbsp;&nbsp; 6.63%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9694 | 9887713 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Pipelines (continued)** | **Pipelines (continued)** | **Pipelines (continued)** |
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC/Blue Racer <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $7095 | $7309033 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7245 | 7511730 |
| Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 12/01/26 | &nbsp;&nbsp;&nbsp; 8913 | 8743096 |
| &nbsp;&nbsp;&nbsp; 4.13%, 12/01/27 | &nbsp;&nbsp;&nbsp; 5370 | 5210495 |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6893 | 6732845 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7239 | 7455083 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9327 | 9579008 |
| CQP Holdco LP/BIP-V Chinook Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20681 | 19877129 |
| &nbsp;&nbsp;&nbsp; 7.50%, 12/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7581 | 8024690 |
| &nbsp;&nbsp;&nbsp; Delek Logistics Partners LP/Delek Logistics <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.13%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6389 | 6403607 |
| &nbsp;&nbsp;&nbsp; 8.63%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17143 | 17712790 |
| DT Midstream Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 310 | 295182 |
| &nbsp;&nbsp;&nbsp; 4.38%, 06/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 310 | 289509 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 10/01/54, (5-year CMT + <br> 2.829%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 5325 | 5352626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 05/15/54, (5-year CMT + <br> 4.020%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 11201 | 11740501 |
| &nbsp;&nbsp;&nbsp; Genesis Energy LP/Genesis Energy <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/01/28 | &nbsp;&nbsp;&nbsp; 11147 | 11237959 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10018 | 10106597 |
| &nbsp;&nbsp;&nbsp; 8.00%, 05/15/33 | &nbsp;&nbsp;&nbsp; 9303 | 9430086 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/29 | &nbsp;&nbsp;&nbsp; 9193 | 9510971 |
| &nbsp;&nbsp;&nbsp; 8.88%, 04/15/30 | &nbsp;&nbsp;&nbsp; 6857 | 7193875 |
| Global Partners LP/GLP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 08/01/27 | &nbsp;&nbsp;&nbsp; 5056 | 5049680 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6312 | 6540810 |
| Harvest Midstream I LP |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 09/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11746 | 11905662 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7142 | 7341932 |
| Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12307 | 11729679 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7835 | 7722799 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5057 | 5000109 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12751 | 12867024 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9542 | 9749158 |
| Howard Midstream Energy Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9585 | 9914523 |
| &nbsp;&nbsp;&nbsp; 8.88%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8314 | 8688130 |
| ITT Holdings LLC, 6.50%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18912 | 17608651 |
| Kinetik Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16408 | 16294621 |
| &nbsp;&nbsp;&nbsp; 6.63%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16247 | 16571940 |
| New Fortress Energy Inc., 6.50%, 09/30/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6334 | 3800263 |
| NFE Financing LLC, 12.00%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 38862 | 17196477 |
| &nbsp;&nbsp;&nbsp; NGL Energy Operating LLC/NGL Energy <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13993 | 13678157 |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20263 | 19097877 |
| NuStar Logistics LP |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/28/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7736 | 7755185 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/26 | &nbsp;&nbsp;&nbsp; 7269 | 7297197 |
| &nbsp;&nbsp;&nbsp; 6.38%, 10/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7873 | 8007392 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Pipelines (continued)** | **Pipelines (continued)** | **Pipelines (continued)** |
| Rockies Express Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $8361 | $8068214 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7510 | 7735075 |
| &nbsp;&nbsp;&nbsp; South Bow Canadian Infrastructure <br> Holdings Ltd.<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 03/01/55, (5-year CMT + <br> 3.667%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 9703 | 9663383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 03/01/55, (5-year CMT + <br> 3.949%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6011 | 6063951 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners LP/Tallgrass Energy <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14375 | 14237539 |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6241 | 6230983 |
| &nbsp;&nbsp;&nbsp; 6.00%, 12/31/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10727 | 10273864 |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7038 | 6714463 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12805 | 13007008 |
| Venture Global Calcasieu Pass LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/01/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18475 | 15783821 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15633 | 15841849 |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17956 | 16671911 |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19238 | 17396956 |
| Venture Global LNG Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22670 | 22549849 |
| &nbsp;&nbsp;&nbsp; 8.13%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 34727 | 35513393 |
| &nbsp;&nbsp;&nbsp; 8.38%, 06/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 35064 | 35589960 |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 46275 | 49456406 |
| &nbsp;&nbsp;&nbsp; 9.88%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 30489 | 32405112 |
|  |  | 755472970 |
| **Real Estate — 0.6%** | **Real Estate — 0.6%** | **Real Estate — 0.6%** |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC/Anywhere <br> Co-Issuer Corp., 7.00%, 04/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10402 | 9483409 |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC/Realogy <br> Co-Issuer Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6685 | 5180875 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8064 | 6608906 |
| Cushman & Wakefield U.S. Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10303 | 10341636 |
| &nbsp;&nbsp;&nbsp; 8.88%, 09/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5938 | 6349450 |
| Howard Hughes Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10302 | 9660894 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10918 | 9889088 |
| &nbsp;&nbsp;&nbsp; 5.38%, 08/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11256 | 11047664 |
| Kennedy-Wilson Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9144 | 8397827 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9643 | 8558162 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9438 | 8241828 |
|  |  | 93759739 |
| **Real Estate Investment Trusts — 3.8%** | **Real Estate Investment Trusts — 3.8%** | **Real Estate Investment Trusts — 3.8%** |
| Brandywine Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 11/15/27 | &nbsp;&nbsp;&nbsp; 5859 | 5591830 |
| &nbsp;&nbsp;&nbsp; 8.88%, 04/12/29 | &nbsp;&nbsp;&nbsp; 5839 | 6219401 |
| &nbsp;&nbsp;&nbsp; Brookfield Property REIT Inc./BPR <br> Cumulus LLC/BPR Nimbus LLC/GGSI <br> Sellco LLC, 4.50%, 04/01/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5823 | 5655589 |
| Diversified Healthcare Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 03/01/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7004 | 5786385 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/28 | &nbsp;&nbsp;&nbsp; 7047 | 6473247 |
| Hudson Pacific Properties LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6043 | 4079025 |
| &nbsp;&nbsp;&nbsp; 3.95%, 11/01/27 | &nbsp;&nbsp;&nbsp; 5680 | 4975566 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Real Estate Investment Trusts (continued)** | **Real Estate Investment Trusts (continued)** | **Real Estate Investment Trusts (continued)** |
| &nbsp;&nbsp;&nbsp; 4.65%, 04/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; $7378 | $5346837 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16656 | 15603674 |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13748 | 13576288 |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17132 | 16618040 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7214 | 7096773 |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12477 | 12336259 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19825 | 19320527 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10194 | 9943761 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18269 | 18456440 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14805 | 15278918 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Information Management <br> Services Inc., 5.00%, 07/15/32<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 11708 | 11078695 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP/Ladder <br> Capital Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9848 | 9640709 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9471 | 9181355 |
| &nbsp;&nbsp;&nbsp; 7.00%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7349 | 7621280 |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 18266 | 12019028 |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13378 | 10136912 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 20623 | 17989443 |
| &nbsp;&nbsp;&nbsp; 8.50%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22402 | 22964738 |
| Office Properties Income Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 03/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7381 | 5905654 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7639 | 5662409 |
| &nbsp;&nbsp;&nbsp; Park Intermediate Holdings LLC/PK Domestic <br> Property LLC/PK Finance Co-Issuer<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11342 | 10729759 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11645 | 11461009 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7327 | 7354476 |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP / RHP Finance Corp., <br> 6.50%, 06/15/33<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2540 | 2583205 |
| RHP Hotel Properties LP/RHP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9615 | 9266639 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/27 | &nbsp;&nbsp;&nbsp; 10727 | 10597524 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/01/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15410 | 15599629 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5646 | 5812364 |
| RLJ Lodging Trust LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 07/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7285 | 7162611 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7035 | 6426530 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 02/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 22098 | 20552466 |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/27 | &nbsp;&nbsp;&nbsp; 22039 | 21613427 |
| Service Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 01/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5825 | 5188488 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5669 | 4573182 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/01/26 | &nbsp;&nbsp;&nbsp; 6487 | 6371713 |
| &nbsp;&nbsp;&nbsp; 4.95%, 02/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5762 | 5564314 |
| &nbsp;&nbsp;&nbsp; 4.95%, 10/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6139 | 5121960 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6474 | 6247410 |
| &nbsp;&nbsp;&nbsp; 8.38%, 06/15/29 | &nbsp;&nbsp;&nbsp; 10965 | 11083497 |
| &nbsp;&nbsp;&nbsp; 8.63%, 11/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15404 | 16405260 |
| &nbsp;&nbsp;&nbsp; 8.88%, 06/15/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7251 | 7268467 |
| Starwood Property Trust Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 07/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6219 | 6071235 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6094 | 5964259 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6429 | 6395985 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7186 | 7279921 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7130 | 7199874 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Real Estate Investment Trusts (continued)** | **Real Estate Investment Trusts (continued)** | **Real Estate Investment Trusts (continued)** |
| &nbsp;&nbsp;&nbsp; 7.25%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $10088 | $10492478 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Fiber Holdings Inc./CSL <br> Capital LLC, 6.00%, 01/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10503 | 9567961 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019 <br> Inc./CSL Capital LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7676 | 7478253 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17419 | 16417408 |
| &nbsp;&nbsp;&nbsp; 10.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 46291 | 49120158 |
|  |  | 607530245 |
| **Retail — 4.7%** | **Retail — 4.7%** | **Retail — 4.7%** |
| 1011778 BC ULC/New Red Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12001 | 11304506 |
| &nbsp;&nbsp;&nbsp; 3.88%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 24756 | 23943694 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 43035 | 39579289 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11975 | 11675078 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6993 | 7032631 |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18204 | 18552243 |
| Advance Auto Parts Inc., 3.90%, 04/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7050 | 6522660 |
| Asbury Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5912 | 5743631 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12189 | 11584679 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5699 | 5411666 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10067 | 9364739 |
| Bath & Body Works Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6149 | 6138880 |
| &nbsp;&nbsp;&nbsp; 6.63%, 10/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12047 | 12286575 |
| &nbsp;&nbsp;&nbsp; 7.50%, 06/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7169 | 7364367 |
| &nbsp;&nbsp;&nbsp; BCPE Ulysses Intermediate Inc., 7.75%, <br> 04/01/27, (7.75% PIK)<sup>(a)(b)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 5427 | 5148866 |
| Carvana Co. |  |  |
| &nbsp;&nbsp;&nbsp; 9.00%, 12/01/28, (9.00% PIK)<sup>(a)(b)(e)</sup> | &nbsp;&nbsp;&nbsp; 8533 | 8768553 |
| &nbsp;&nbsp;&nbsp; 9.00%, 06/01/30, (11.00% PIK)<sup>(a)(e)</sup> | &nbsp;&nbsp;&nbsp; 22019 | 23202411 |
| &nbsp;&nbsp;&nbsp; 9.00%, 06/01/31, (14.00% PIK)<sup>(a)(b)(e)</sup> | &nbsp;&nbsp;&nbsp; 26424 | 29581500 |
| eG Global Finance PLC, 12.00%, 11/30/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19953 | 21995589 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment LLC/Fertitta <br> Entertainment Finance Co. Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15093 | 14149688 |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19856 | 18013115 |
| FirstCash Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 09/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6882 | 6688010 |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8060 | 7975692 |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7038 | 7214020 |
| Gap Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 10/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11515 | 10533346 |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11278 | 9968624 |
| Global Auto Holdings Ltd./AAG FH U.K. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7757 | 6477095 |
| &nbsp;&nbsp;&nbsp; 8.75%, 01/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6930 | 5301450 |
| &nbsp;&nbsp;&nbsp; 11.50%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7483 | 6940483 |
| Group 1 Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11338 | 10866263 |
| &nbsp;&nbsp;&nbsp; 6.38%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6992 | 7118975 |
| &nbsp;&nbsp;&nbsp; KFC Holding Co./Pizza Hut Holdings LLC/Taco <br> Bell of America LLC, 4.75%, 06/01/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8629 | 8559853 |
| Kohl's Corp., 5.13%, 05/01/31 | &nbsp;&nbsp;&nbsp; 841 | 539291 |
| LBM Acquisition LLC, 6.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13419 | 10748887 |
| LCM Investments Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14840 | 14282823 |
| &nbsp;&nbsp;&nbsp; 8.25%, 08/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13449 | 14255940 |
| Lithia Motors Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12547 | 11805221 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Retail (continued)** | **Retail (continued)** | **Retail (continued)** |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $8286 | $7778151 |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4955 | 4853835 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6454 | 6163570 |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5904 | 5480211 |
| Michaels Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11669 | 7986987 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16202 | 7893075 |
| Murphy Oil USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7180 | 6493206 |
| &nbsp;&nbsp;&nbsp; 4.75%, 09/15/29 | &nbsp;&nbsp;&nbsp; 7275 | 7039908 |
| Nordstrom Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/01/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6301 | 5489095 |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7109 | 6415873 |
| PetSmart Inc./PetSmart Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18932 | 18230569 |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17609 | 17104536 |
| QVC Inc., 6.88%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8461 | 3765145 |
| QXO Building Products Inc., 6.75%, 04/30/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 35986 | 36953358 |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, 11.00%, <br> 12/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 31156 | 15127562 |
| Sonic Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10554 | 10064054 |
| &nbsp;&nbsp;&nbsp; 4.88%, 11/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6994 | 6513163 |
| Staples Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 10.75%, 09/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 36286 | 33052330 |
| &nbsp;&nbsp;&nbsp; 12.75%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13198 | 8555091 |
| &nbsp;&nbsp;&nbsp; Suburban Propane Partners LP/Suburban <br> Energy Finance Corp., 5.00%, 06/01/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10971 | 10185367 |
| Walgreens Boots Alliance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 04/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5865 | 5586178 |
| &nbsp;&nbsp;&nbsp; 3.45%, 06/01/26 | &nbsp;&nbsp;&nbsp; 20050 | 19628549 |
| &nbsp;&nbsp;&nbsp; 8.13%, 08/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12112 | 12675071 |
| Yum! Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 03/15/31 | &nbsp;&nbsp;&nbsp; 17199 | 15604997 |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/31/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17363 | 16444556 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12643 | 12371934 |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/01/32<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 14826 | 14636968 |
|  |  | 758733672 |
| **Semiconductors — 0.3%** | **Semiconductors — 0.3%** | **Semiconductors — 0.3%** |
| Entegris Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5736 | 5332448 |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5520 | 5332876 |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23778 | 23079521 |
| &nbsp;&nbsp;&nbsp; 5.95%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14001 | 14004135 |
|  |  | 47748980 |
| **Software — 2.8%** | **Software — 2.8%** | **Software — 2.8%** |
| AthenaHealth Group Inc., 6.50%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 35215 | 33946932 |
| &nbsp;&nbsp;&nbsp; Central Parent Inc./CDK Global Inc., 7.25%, <br> 06/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 11506 | 10139663 |
| &nbsp;&nbsp;&nbsp; Central Parent LLC/CDK Global II LLC/CDK <br> Financing Co. Inc., 8.00%, 06/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 11848 | 10603960 |
| Cloud Software Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 59103 | 58970609 |
| &nbsp;&nbsp;&nbsp; 8.25%, 06/30/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 28598 | 30032052 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 61819 | 63273601 |
| CoreWeave Inc., 9.25%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23710 | 23680363 |
| Fair Isaac Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12115 | 11648411 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20370 | 20330279 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
| &nbsp;&nbsp;&nbsp; Helios Software Holdings Inc./ION Corporate <br> Solutions Finance SARL, 8.75%, 05/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; $10113 | $10282983 |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13373 | 12807574 |
| &nbsp;&nbsp;&nbsp; 3.88%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13837 | 12857601 |
| Open Text Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14581 | 13628861 |
| &nbsp;&nbsp;&nbsp; 4.13%, 12/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9481 | 8578798 |
| ROBLOX Corp., 3.88%, 05/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16173 | 15061106 |
| Rocket Software Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8129 | 7876960 |
| &nbsp;&nbsp;&nbsp; 9.00%, 11/28/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11979 | 12360651 |
| SS&C Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 26376 | 26346541 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11385 | 11681576 |
| Twilio Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 03/15/29 | &nbsp;&nbsp;&nbsp; 6873 | 6456468 |
| &nbsp;&nbsp;&nbsp; 3.88%, 03/15/31<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6664 | 6141742 |
| UKG Inc., 6.88%, 02/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38332 | 39494245 |
|  |  | 446200976 |
| **Telecommunications — 6.2%** | **Telecommunications — 6.2%** | **Telecommunications — 6.2%** |
| Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17999 | 14065347 |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 29528 | 22419134 |
| Altice France Holding SA |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14377 | 5229634 |
| &nbsp;&nbsp;&nbsp; 10.50%, 05/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20915 | 7477113 |
| Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6151 | 5180834 |
| &nbsp;&nbsp;&nbsp; 5.13%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 34385 | 28992658 |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15070 | 12959258 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 27623 | 23444797 |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23943 | 22003904 |
| Bell Telephone Co. of Canada or Bell Canada |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/15/55, (5-year CMT + 2.390%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 14297 | 14430069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 09/15/55, (5-year CMT + <br> 2.363%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 17518 | 17599082 |
| British Telecommunications PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/23/81, (5-year CMT + <br> 2.985%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6845 | 6662855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/23/81, (5-year CMT + <br> 3.493%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6674 | 6100703 |
| CommScope LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14498 | 13881835 |
| &nbsp;&nbsp;&nbsp; 7.13%, 07/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10064 | 9648860 |
| &nbsp;&nbsp;&nbsp; 8.25%, 03/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14554 | 14508519 |
| &nbsp;&nbsp;&nbsp; 9.50%, 12/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15058 | 15645864 |
| &nbsp;&nbsp;&nbsp; CommScope Technologies LLC, 5.00%, <br> 03/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 11678 | 11290991 |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect U.S. Finco LLC, <br> 9.00%, 09/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 29686 | 28284574 |
| Consolidated Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5511 | 5566937 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10286 | 10502109 |
| EchoStar Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 11/30/30, (6.75% PIK)<sup>(b)(e)</sup> | &nbsp;&nbsp;&nbsp; 35317 | 30372634 |
| &nbsp;&nbsp;&nbsp; Series ., 10.75%, 11/30/29 | &nbsp;&nbsp;&nbsp; 77339 | 77921768 |
| Fibercop SpA |  |  |
| &nbsp;&nbsp;&nbsp; Series 2033, 6.38%, 11/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6634 | 6434980 |
| &nbsp;&nbsp;&nbsp; Series 2034, 6.00%, 09/30/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7265 | 6818566 |
| &nbsp;&nbsp;&nbsp; Series 2036, 7.20%, 07/18/36<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7272 | 7035660 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Telecommunications (continued)** | **Telecommunications (continued)** | **Telecommunications (continued)** |
| &nbsp;&nbsp;&nbsp; Series 2038, 7.72%, 06/04/38<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $6905 | $6864390 |
| Frontier Communications Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20627 | 20581208 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15003 | 15003000 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9600 | 9696124 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12713 | 12900729 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19372 | 19626318 |
| &nbsp;&nbsp;&nbsp; 8.63%, 03/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14557 | 15479768 |
| &nbsp;&nbsp;&nbsp; 8.75%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16596 | 17436172 |
| Hughes Satellite Systems Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10685 | 9616500 |
| &nbsp;&nbsp;&nbsp; 6.63%, 08/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9960 | 7021800 |
| Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13818 | 14034281 |
| &nbsp;&nbsp;&nbsp; 7.00%, 04/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12903 | 12967515 |
| &nbsp;&nbsp;&nbsp; 8.50%, 04/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14998 | 15824540 |
| &nbsp;&nbsp;&nbsp; Intelsat Jackson Holdings SA, 6.50%, <br> 03/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 44183 | 43621876 |
| Level 3 Financing Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6474 | 5313018 |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6519 | 5490628 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6162 | 5129865 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10795 | 9494958 |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9393 | 8552809 |
| &nbsp;&nbsp;&nbsp; 10.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10361 | 11669076 |
| &nbsp;&nbsp;&nbsp; 10.50%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 16641 | 18201094 |
| &nbsp;&nbsp;&nbsp; 10.75%, 12/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10865 | 12265178 |
| &nbsp;&nbsp;&nbsp; 11.00%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 24076 | 27312511 |
| Lumen Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6093 | 5930969 |
| &nbsp;&nbsp;&nbsp; 10.00%, 10/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6126 | 6279606 |
| Rogers Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 03/15/82, (5-year CMT + <br> 3.590%)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 10537 | 10299917 |
| &nbsp;&nbsp;&nbsp; 7.00%, 04/15/55, (5-year CMT + 2.653%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 16843 | 16922223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 04/15/55, (5-year CMT + <br> 2.620%)<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 14897 | 14877634 |
| Viasat Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8939 | 8784211 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5839 | 5349149 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/30/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11271 | 8946356 |
| Vmed O2 U.K. Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20542 | 18558413 |
| &nbsp;&nbsp;&nbsp; 4.75%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 21254 | 19528388 |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10748 | 11083875 |
| Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/04/81, (5-year CMT + 2.447%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 8446 | 8221341 |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/04/81, (5-year CMT + 2.767%)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; 14258 | 12780635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 04/04/79, (5-year USD Swap + <br> 4.873%)<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp; 27956 | 28786195 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC/Windstream Escrow <br> Finance Corp., 8.25%, 10/01/31<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 35937 | 37439167 |
| Zayo Group Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23546 | 22179692 |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16915 | 14654430 |
|  |  | 999204244 |
| **Transportation — 0.2%** | **Transportation — 0.2%** | **Transportation — 0.2%** |
| Brightline East LLC, 11.00%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19855 | 14295600 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Transportation (continued)** | **Transportation (continued)** | **Transportation (continued)** |
| XPO Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.13%, 06/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $6064 | $6264954 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/01/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8559 | 8888436 |
|  |  | 29448990 |
| **Trucking & Leasing — 0.3%** | **Trucking & Leasing — 0.3%** | **Trucking & Leasing — 0.3%** |
| &nbsp;&nbsp;&nbsp; Fortress Transportation and Infrastructure <br> Investors LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7020 | 6759387 |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/01/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10635 | 10864899 |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12560 | 12809630 |
| &nbsp;&nbsp;&nbsp; 7.88%, 12/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7396 | 7769942 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15174 | 15018959 |
|  |  | 53222817 |
| **Total Corporate Bonds & Notes — 98.4%** <br>**(Cost: $16,592,518,983)** | **Total Corporate Bonds & Notes — 98.4%** <br>**(Cost: $16,592,518,983)** | 15865043561 |
| **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** |
| **Software — 0.0%** | **Software — 0.0%** | **Software — 0.0%** |
| &nbsp;&nbsp;&nbsp; Clover Holdings SPV III LLC, 2024 USD Term <br> Loan, 15.00%, 12/09/27<br>| &nbsp;&nbsp;&nbsp; 714 | 707285 |
| **Total Fixed Rate Loan Interests — 0.0%** <br>**(Cost: $677,781)** | **Total Fixed Rate Loan Interests — 0.0%** <br>**(Cost: $677,781)** | 707285 |
|  | &nbsp;&nbsp; *Shares* |  |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** |
| Incora Top Holdco LLC, NVS<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 203107 | 1015535 |
| **Office REITs — 0.0%** | **Office REITs — 0.0%** | **Office REITs — 0.0%** |
| Office Properties Income Trust, NVS | &nbsp;&nbsp;&nbsp; 18325 | 3537 |
| **Oil, Gas & Consumable Fuels — 0.0%** | **Oil, Gas & Consumable Fuels — 0.0%** | **Oil, Gas & Consumable Fuels — 0.0%** |
| New Fortress Energy Inc., Cost $—)<sup>(h)</sup> | &nbsp;&nbsp;&nbsp; 404350 | 1006831 |
| **Total Common Stocks — 0.0%** <br>**(Cost $20,944,592)** | **Total Common Stocks — 0.0%** <br>**(Cost $20,944,592)** | 2025903 |
| **Preferred Stocks** | **Preferred Stocks** | **Preferred Stocks** |
| **Software — 0.0%** | **Software — 0.0%** | **Software — 0.0%** |
| &nbsp;&nbsp;&nbsp; Veritas Kapital Assurance PLC, Series G-1, <br> Preference Shares, NVS<br>| &nbsp;&nbsp;&nbsp; 23800 | 535500 |
| &nbsp;&nbsp;&nbsp; Veritas Kapital Assurance PLC, Series G, <br> Preference Shares, NVS<br>| &nbsp;&nbsp;&nbsp; 34448 | 775080 |
|  |  | 1310580 |
| **Total Preferred Stocks — 0.0%** <br>**(Cost $1,161,960)** | **Total Preferred Stocks — 0.0%** <br>**(Cost $1,161,960)** | 1310580 |
| **Total Long-Term Investments — 98.4%** <br>**(Cost: $16,615,303,316)** | **Total Long-Term Investments — 98.4%** <br>**(Cost: $16,615,303,316)** | 15869087329 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 20.0%** | **Money Market Funds — 20.0%** | **Money Market Funds — 20.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.46%<sup>(i)(j)(k)</sup><br>| &nbsp;&nbsp;&nbsp; 3211053410 | 3212337832 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Money Market Funds (continued)** | **Money Market Funds (continued)** | **Money Market Funds (continued)** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 4.30%<sup>(i)(j)</sup><br>| &nbsp;&nbsp;&nbsp; 18880000 | $18880000 |
| **Total Short-Term Securities — 20.0%** <br>**(Cost: $3,229,960,577)** | **Total Short-Term Securities — 20.0%** <br>**(Cost: $3,229,960,577)** | 3231217832 |
| **Total Investments — 118.4%** <br>**(Cost: $19,845,263,893)** | **Total Investments — 118.4%** <br>**(Cost: $19,845,263,893)** | 19100305161 |
| **Liabilities in Excess of Other Assets — (18.4)%** | **Liabilities in Excess of Other Assets — (18.4)%** | (2966227117)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $16134078044 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<sup>(d)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(e)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. 

<sup>(f)</sup> Perpetual security with no stated maturity date.

<sup>(g)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. 

<sup>(h)</sup> Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $1,006,831, representing less than 0.05% of its net assets as of period end, and an original cost of $—. 

<sup>(i)</sup> Affiliate of the Fund.

<sup>(j)</sup> Annualized 7-day yield as of period end.

<sup>(k)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*02/28/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*05/31/25*<br>| *Shares* <br>*Held at* <br>*05/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Insti-<br> tutional, SL Agency <br> Shares<br>| $2699971297 | $512657204 <br><sup>(a)</sup><br>| $— | &nbsp;&nbsp; $(61341)<br>| $(229328)<br>| $3212337832 | 3211053410 | $3344781 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Trea-<br> sury, SL Agency Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp; 160690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (141810000 )<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 18880000 | 18880000 | &nbsp;&nbsp;&nbsp;&nbsp; 420342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $(61341) | $(229328) | $3231217832 |  | $3765123 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® iBoxx $ High Yield Corporate Bond ETF**

**Fair Value Hierarchy as of Period End (continued)**

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds & Notes | &nbsp;&nbsp; $— | &nbsp;&nbsp; $15864180405 | &nbsp;&nbsp; $863156 | &nbsp;&nbsp; $15865043561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp; 707285 | &nbsp;&nbsp; — | &nbsp;&nbsp; 707285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 1010368 | &nbsp;&nbsp; 1015535 | &nbsp;&nbsp; 2025903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 1310580 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1310580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 3231217832 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3231217832 |
|  | &nbsp;&nbsp; $3231217832 | &nbsp;&nbsp; $15867208638 | &nbsp;&nbsp; $1878691 | &nbsp;&nbsp; $19100305161 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| CMT | Constant Maturity Treasury |
| NVS | Non-Voting Shares |
| PIK | Payment-in-kind |
| RB | Revenue Bonds |
| REIT | Real Estate Investment Trust |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares iBoxx $ High Yield Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000016772

- **c. LEI of Series:** 549300FCCXHK7O37PQ68

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $22617380063.95

**Total Liabilities:** $6673351853.78

**Net Assets:** $15944028210.17

**Delayed Delivery Securities:** $27405000.00

**Cash Not Reported:** $22374321.39

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2.45000000 | **1-Year:** 1439.20000000 | **5-Year:** 36431.98000000 | **10-Year:** 5334.65000000 | **30-Year:** 0.00000000

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

- **3-Month:** 10782.39000000 | **1-Year:** 497905.80000000 | **5-Year:** 4086533.15000000 | **10-Year:** 137410.52000000 | **30-Year:** 4817.85000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000046846 | -1.05%               | 0.07%                | 1.71%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-10241198.71            | $-226326081.24                             |
| Month 2  | $-61840344.49            | $-39280083.79                              |
| Month 3  | $1797539.46              | $174964169.84                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   10673000 | PA      | $10198936.29   | 0.06%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                        | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16562000 | PA      | $16965972.02   | 0.11%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                           | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   13443000 | PA      | $13170107.10   | 0.08%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   26000000 | PA      | $23116600.00   | 0.14%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7136000 | PA      | $6698693.08    | 0.04%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8512000 | PA      | $8507692.08    | 0.05%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   15042000 | PA      | $14678134.02   | 0.09%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                       | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13167000 | PA      | $12354430.20   | 0.08%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                           | Talos Production Inc                                                             | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |   10029000 | PA      | $9853492.50    | 0.06%             | 2031-02-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    8016000 | PA      | $8216400.00    | 0.05%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    8594000 | PA      | $8473206.17    | 0.05%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    9699000 | PA      | $10087881.41   | 0.06%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                       | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   14743000 | PA      | $14859028.88   | 0.09%             | 2032-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9384000 | PA      | $9571518.60    | 0.06%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   13931000 | PA      | $11941931.82   | 0.07%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| RITCHIE BROS HLDGS INC                         | Ritchie Bros Holdings Inc                                                        | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |   10866000 | PA      | $11383903.98   | 0.07%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    8672008 | PA      | $7975200.88    | 0.05%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                            | Station Casinos LLC                                                              | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   10152000 | PA      | $9847440.00    | 0.06%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                        | Allied Universal Holdco LLC                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   35150000 | PA      | $36426296.50   | 0.23%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| NEPTUNE BIDCO US INC                           | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   40264000 | PA      | $38099810.00   | 0.24%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    5841000 | PA      | $5850031.35    | 0.04%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| LIGHTNING POWER LLC                            | Lightning Power LLC                                                              | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |   22480000 | PA      | $23572752.80   | 0.15%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14958000 | PA      | $13781303.50   | 0.09%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   17613000 | PA      | $15939765.00   | 0.10%             | 2026-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                       | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10811000 | PA      | $10377154.57   | 0.07%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES                       | ION Trading Technologies Sarl                                                    | CUSIP: 46205YAB7<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |   12274000 | PA      | $12713857.20   | 0.08%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6971000 | PA      | $6583369.18    | 0.04%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| CROWN AMER/CAP CORP V                          | Crown Americas LLC / Crown Americas Capital Corp V                               | CUSIP: 22819KAB6<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    4415000 | PA      | $4363013.38    | 0.03%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   11694000 | PA      | $11439038.06   | 0.07%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ION TRADING TECHNOLOGIES                       | ION Trading Technologies Sarl                                                    | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |    6538000 | PA      | $6322246.00    | 0.04%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137TAP0<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    6988000 | PA      | $6973211.99    | 0.04%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    5912000 | PA      | $5743630.97    | 0.04%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Allison Transmission Inc                       | Allison Transmission Inc                                                         | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    5373000 | PA      | $5286011.13    | 0.03%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5748000 | PA      | $5597087.41    | 0.04%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8683000 | PA      | $8008465.49    | 0.05%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS HLDGS INC                         | Ritchie Bros Holdings Inc                                                        | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    7482000 | PA      | $7641740.70    | 0.05%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    9194000 | PA      | $8942406.19    | 0.06%             | 2029-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    7473000 | PA      | $7149792.75    | 0.04%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    5762000 | PA      | $5564313.85    | 0.03%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259BF6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     918000 | PA      | $662906.16     | 0.00%             | 2032-12-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                              | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   50315000 | PA      | $51887343.75   | 0.33%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                         | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   12327000 | PA      | $12234177.69   | 0.08%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| KEHE DIST/FIN / NEXTWAVE                       | KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc            | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14933000 | PA      | $15567652.50   | 0.10%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10685000 | PA      | $9616500.00    | 0.06%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAH2<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   10458000 | PA      | $10353420.00   | 0.06%             | 2032-04-17      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   24578000 | PA      | $23072597.50   | 0.14%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    7528000 | PA      | $7236503.80    | 0.05%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6454000 | PA      | $6163570.00    | 0.04%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| PIKE CORP                                      | Pike Corp                                                                        | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |   10110000 | PA      | $10013384.80   | 0.06%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| IHO Verwaltungs GmbH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    5196594 | PA      | $5105653.61    | 0.03%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                               | Aretec Group Inc                                                                 | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |   10604000 | PA      | $11568433.80   | 0.07%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   29972000 | PA      | $31855620.31   | 0.20%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: —       |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    5680000 | PA      | $4975566.40    | 0.03%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                          | SS&C Technologies Inc                                                            | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   26376000 | PA      | $26346540.65   | 0.17%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                       | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7245000 | PA      | $7511730.47    | 0.05%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| AMWINS GROUP INC                               | AmWINS Group Inc                                                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   11349000 | PA      | $11502369.25   | 0.07%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| EUSHI FINANCE INC                              | EUSHI Finance Inc                                                                | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8117000 | PA      | $8298820.80    | 0.05%             | 2054-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                 | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   11046000 | PA      | $11036942.28   | 0.07%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| PBF HOLDING CO LLC                             | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7425000 | PA      | $6487593.75    | 0.04%             | 2030-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| PETSMART INC/PETSMART FI                       | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   17530000 | PA      | $17027798.81   | 0.11%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   10989000 | PA      | $10980356.05   | 0.07%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| VIKING CRUISES LTD                             | Viking Cruises Ltd                                                               | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    8198000 | PA      | $8261124.60    | 0.05%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    6686000 | PA      | $6638096.15    | 0.04%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   14188000 | PA      | $13585010.00   | 0.09%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                                | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   12464000 | PA      | $12609579.52   | 0.08%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| LGI HOMES INC                                  | LGI Homes Inc                                                                    | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    5875000 | PA      | $6050721.25    | 0.04%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    6993000 | PA      | $7032631.43    | 0.04%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| NCR VOYIX CORP                                 | NCR Voyix Corp                                                                   | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    9575000 | PA      | $9421029.21    | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   16331000 | PA      | $13934425.75   | 0.09%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| WYNN RESORTS FINANCE LLC                       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12231000 | PA      | $12098293.65   | 0.08%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AG TTMT ESCROW ISSUER                          | AG TTMT Escrow Issuer LLC                                                        | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7728000 | PA      | $8001184.80    | 0.05%             | 2027-09-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    6457000 | PA      | $6752214.04    | 0.04%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6928000 | PA      | $6395698.90    | 0.04%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| MOTION FINCO SARL                              | Motion Finco Sarl                                                                | CUSIP: 61980LAB5<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |    6137000 | PA      | $5651486.59    | 0.04%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| COGENT COMM GROUP LLC                          | Cogent Communications Group LLC                                                  | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    6210000 | PA      | $6244341.30    | 0.04%             | 2027-06-15      | Fixed         | 7.00%                 | 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        |   10648000 | PA      | $10198200.80   | 0.06%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |   17109000 | PA      | $16125232.50   | 0.10%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| TENNECO INC                                    | Tenneco Inc                                                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |   30470000 | PA      | $30012950.00   | 0.19%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |   14722000 | PA      | $13881999.49   | 0.09%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| KINETIK HOLDINGS LP                            | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   16098000 | PA      | $15986762.82   | 0.10%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| MATADOR RESOURCES CO                           | Matador Resources Co                                                             | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    7268000 | PA      | $7358925.59    | 0.05%             | 2028-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11845000 | PA      | $11837656.10   | 0.07%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| COMSTOCK RESOURCES INC                         | Comstock Resources Inc                                                           | CUSIP: 205768AU8<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    5296000 | PA      | $5178011.48    | 0.03%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AJ3<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |    9936000 | PA      | $10055927.52   | 0.06%             | 2026-08-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VF CORP                                        | VF Corp                                                                          | CUSIP: 918204BC1<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |   10576000 | PA      | $8841902.99    | 0.06%             | 2030-04-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   12869000 | PA      | $12480356.20   | 0.08%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| UniCredit SpA                                  | UniCredit SpA                                                                    | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    3405000 | PA      | $3561315.38    | 0.02%             | 2034-04-02      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    3920000 | PA      | $3919332.42    | 0.02%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| CLARIOS GLOBAL LP/US FIN                       | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   11375000 | PA      | $11592418.34   | 0.07%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ALCOA NEDERLAND HOLDING                        | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |   11337000 | PA      | $11753948.78   | 0.07%             | 2031-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |   20050000 | PA      | $19628549.00   | 0.12%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   12417000 | PA      | $10897196.45   | 0.07%             | 2031-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   11230000 | PA      | $11048074.00   | 0.07%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| KRONOS ACQUISITION HOLDI                       | Kronos Acquisition Holdings Inc                                                  | CUSIP: 50106GAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8321000 | PA      | $7280875.00    | 0.05%             | 2031-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6241000 | PA      | $6230982.57    | 0.04%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                               | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    7175000 | PA      | $7119286.84    | 0.04%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    7407000 | PA      | $7425752.30    | 0.05%             | 2027-07-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   30095000 | PA      | $26083336.50   | 0.16%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   15535000 | PA      | $14131995.31   | 0.09%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAJ8<br>LEI: N/A                  | Long             | DBT              |  | US        |    7639000 | PA      | $5662408.75    | 0.04%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| ORGANON & CO/ORGANON FOR                       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7165000 | PA      | $6179812.50    | 0.04%             | 2034-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BF7<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   13171000 | PA      | $13180219.70   | 0.08%             | 2026-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   11438000 | PA      | $11466023.10   | 0.07%             | 2029-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   10155000 | PA      | $10143456.81   | 0.06%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              |  | US        |    9161000 | PA      | $8880835.55    | 0.06%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                       | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    6164000 | PA      | $6099573.26    | 0.04%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   15837000 | PA      | $16391295.00   | 0.10%             | 2031-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   45218000 | PA      | $44759928.09   | 0.28%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11163000 | PA      | $10833092.05   | 0.07%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   19521000 | PA      | $19543253.94   | 0.12%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    9249000 | PA      | $9163076.79    | 0.06%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92841HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    7390000 | PA      | $7283570.70    | 0.05%             | 2028-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAW4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   14924000 | PA      | $15460517.80   | 0.10%             | 2028-11-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: —       |
| VOYAGER PARENT LLC                             | Voyager Parent LLC                                                               | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    9875000 | PA      | $10203837.50   | 0.06%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| HELIOS SOFT/ION CORP SOL                       | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl              | CUSIP: 42329HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10034000 | PA      | $10202655.49   | 0.06%             | 2029-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                           | Range Resources Corp                                                             | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    8006000 | PA      | $8223042.66    | 0.05%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    5736000 | PA      | $5332447.74    | 0.03%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   17368000 | PA      | $16846960.00   | 0.11%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   35287000 | PA      | $34625368.75   | 0.22%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   17376000 | PA      | $17659406.04   | 0.11%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   11714000 | PA      | $10418870.88   | 0.07%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14539000 | PA      | $15137809.07   | 0.09%             | 2032-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    6873000 | PA      | $6456468.02    | 0.04%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |    5695000 | PA      | $5553991.80    | 0.03%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   23338000 | PA      | $22729102.24   | 0.14%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    9327000 | PA      | $9579008.08    | 0.06%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   34680000 | PA      | $35465328.60   | 0.22%             | 2028-06-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   10638000 | PA      | $10864943.65   | 0.07%             | 2031-05-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                         | Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co  | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13337000 | PA      | $13603034.47   | 0.09%             | 2032-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   14748000 | PA      | $15323761.92   | 0.10%             | 2031-12-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| COINBASE GLOBAL INC                            | Coinbase Global Inc                                                              | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   10878000 | PA      | $9453756.51    | 0.06%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    6343000 | PA      | $6262707.13    | 0.04%             | 2030-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| EQUIPMENTSHARE.COM INC                         | EquipmentShare.com Inc                                                           | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   15988000 | PA      | $16587550.00   | 0.10%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| PRESTIGE BRANDS INC                            | Prestige Brands Inc                                                              | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    9687000 | PA      | $8789366.74    | 0.06%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| AXALTA COATING SYSTEMS                         | Axalta Coating Systems LLC                                                       | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   10636000 | PA      | $9891240.69    | 0.06%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| CUSHMAN & WAKEFIELD US                         | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAC7<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    5938000 | PA      | $6349449.96    | 0.04%             | 2031-09-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    7130000 | PA      | $7199874.00    | 0.05%             | 2030-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ARSENAL AIC PARENT LLC                         | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7407000 | PA      | $8248487.79    | 0.05%             | 2031-10-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| AIR CANADA                                     | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |   15964000 | PA      | $15753589.69   | 0.10%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    7964000 | PA      | $7870430.17    | 0.05%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    7144000 | PA      | $6590340.00    | 0.04%             | 2032-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    7093000 | PA      | $7292313.30    | 0.05%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    5953000 | PA      | $5521407.50    | 0.03%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| BOYD GAMING CORP                               | Boyd Gaming Corp                                                                 | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   14523000 | PA      | $14312852.19   | 0.09%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HARVEST MIDSTREAM I LP                         | Harvest Midstream I LP                                                           | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |   11436000 | PA      | $11591448.40   | 0.07%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   15457000 | PA      | $14220440.00   | 0.09%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| GRAY MEDIA INC                                 | Gray Media Inc                                                                   | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   19665000 | PA      | $20918643.75   | 0.13%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| AXON ENTERPRISE INC                            | Axon Enterprise Inc                                                              | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   11342000 | PA      | $11533679.80   | 0.07%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                               | TKC Holdings Inc                                                                 | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5742000 | PA      | $5721788.16    | 0.04%             | 2028-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    9077000 | PA      | $7926581.02    | 0.05%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9416000 | PA      | $8698030.00    | 0.05%             | 2030-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    4955000 | PA      | $4853835.25    | 0.03%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SCRIPPS ESCROW II INC                          | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7199000 | PA      | $6155145.00    | 0.04%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   24102000 | PA      | $24268373.70   | 0.15%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                           | Edison International                                                             | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    6028000 | PA      | $5783765.33    | 0.04%             | 2054-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| HOWARD MIDSTREAM ENERGY                        | Howard Midstream Energy Partners LLC                                             | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9428000 | PA      | $9752125.21    | 0.06%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| CQP HOLDCO LP/BIP-V CHIN                       | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7581000 | PA      | $8024690.15    | 0.05%             | 2033-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11904000 | PA      | $10282080.00   | 0.06%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   11400000 | PA      | $10684528.02   | 0.07%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CJ8<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   11180000 | PA      | $11158981.60   | 0.07%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| UNIFRAX ESCROW ISS CORP                        | ASP Unifrax Holdings Inc                                                         | CUSIP: 90473LAA0<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |    2234000 | PA      | $796048.59     | 0.00%             | 2028-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   10572000 | PA      | $10200640.53   | 0.06%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12726000 | PA      | $12926761.56   | 0.08%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| NOVA Chemicals Corp                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAR0<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |   16597000 | PA      | $16553993.85   | 0.10%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL / MS DIG                        | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC          | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11395000 | PA      | $11592262.26   | 0.07%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   12458000 | PA      | $12489145.00   | 0.08%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| ROGERS COMMUNICATIONS IN                       | Rogers Communications Inc                                                        | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   14897000 | PA      | $14877633.90   | 0.09%             | 2055-04-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                       | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    6710000 | PA      | $6681083.93    | 0.04%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   15175000 | PA      | $15396459.40   | 0.10%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| MERCER INTL INC                                | Mercer International Inc                                                         | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |   13334000 | PA      | $10596308.46   | 0.07%             | 2029-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   17689000 | PA      | $13823097.35   | 0.09%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   19198000 | PA      | $15934340.00   | 0.10%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                             | Energy Transfer LP                                                               | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   11201000 | PA      | $11740500.65   | 0.07%             | 2054-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   11913000 | PA      | $12136043.53   | 0.08%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| CQP HOLDCO LP/BIP-V CHIN                       | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20371000 | PA      | $19579179.23   | 0.12%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   20666000 | PA      | $19795949.00   | 0.12%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                         | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    7077000 | PA      | $7222078.50    | 0.05%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7373000 | PA      | $7330420.93    | 0.05%             | 2030-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    6739000 | PA      | $6761375.50    | 0.04%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    9349000 | PA      | $9185392.50    | 0.06%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS LLC                   | MPH Acquisition Holdings LLC 2025 Exchange 1st Out Term Loan                     | CUSIP: 55328HAP6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |          0 | PA      | $0.00          | 0.00%             | 2030-12-31      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   13691000 | PA      | $13694065.41   | 0.09%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| PANTHER ESCROW ISSUER                          | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   45963000 | PA      | $47553319.80   | 0.30%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    4282618 | PA      | $4227809.91    | 0.03%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   12867000 | PA      | $13199704.59   | 0.08%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                               | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    9356000 | PA      | $9531425.00    | 0.06%             | 2032-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   12354000 | PA      | $11958642.35   | 0.08%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| NCR VOYIX CORP                                 | NCR Voyix Corp                                                                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    5220000 | PA      | $5087482.99    | 0.03%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| NORTHERN OIL & GAS INC                         | Northern Oil & Gas Inc                                                           | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   10269000 | PA      | $10310794.83   | 0.06%             | 2028-03-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| MOHEGAN TRIBAL / MS DIG                        | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC          | CUSIP: 60832QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6051000 | PA      | $6279243.72    | 0.04%             | 2031-04-15      | Fixed         | 11.88%                | No            |                  2 | On Loan: —       |
| FIBERCOP SPA                                   | Fibercop SpA                                                                     | CUSIP: 683879AD2<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    7265000 | PA      | $6818565.75    | 0.04%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| BELL CANADA                                    | Bell Telephone Co of Canada or Bell Canada                                       | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |   14297000 | PA      | $14430069.33   | 0.09%             | 2055-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |   11176000 | PA      | $7820892.16    | 0.05%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11579000 | PA      | $9450952.33    | 0.06%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9468000 | PA      | $9334953.77    | 0.06%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FAIR ISAAC CORP                                | Fair Isaac Corp                                                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   15370000 | PA      | $15340028.50   | 0.10%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                             | Viking Cruises Ltd                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   12095000 | PA      | $12987006.25   | 0.08%             | 2031-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                               | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13750000 | PA      | $12989572.75   | 0.08%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| NABORS INDUSTRIES INC                          | Nabors Industries Inc                                                            | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   10908000 | PA      | $10471680.00   | 0.07%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                          | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   62541000 | PA      | $63560224.42   | 0.40%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    7173000 | PA      | $7002999.90    | 0.04%             | 2028-03-15      | Fixed         | 4.88%                 | 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        |   10939000 | PA      | $10806036.46   | 0.07%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    6677000 | PA      | $6329634.42    | 0.04%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL PLAQUE                          | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   17154000 | PA      | $18080219.94   | 0.11%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   11691000 | PA      | $11012497.62   | 0.07%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| DELEK LOG PART/FINANCE                         | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16754000 | PA      | $17310861.08   | 0.11%             | 2029-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    8155000 | PA      | $7746949.08    | 0.05%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    6980000 | PA      | $5967132.20    | 0.04%             | 2028-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CONNECT FINCO SARL/CONNE                       | Connect Finco SARL / Connect US Finco LLC                                        | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   29221000 | PA      | $27841526.27   | 0.17%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| JAZZ SECURITIES DAC                            | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   21705000 | PA      | $20822474.70   | 0.13%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   14258000 | PA      | $12780634.52   | 0.08%             | 2081-06-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    6266000 | PA      | $6141463.25    | 0.04%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   19347000 | PA      | $18331282.50   | 0.11%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                             | Scripps Escrow Inc                                                               | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6403000 | PA      | $5416414.87    | 0.03%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   15209000 | PA      | $13699953.89   | 0.09%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| ENCORE CAPITAL GROUP INC                       | Encore Capital Group Inc                                                         | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    7453000 | PA      | $7901670.60    | 0.05%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| 1261229 BC LTD                                 | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   58142000 | PA      | $57560580.00   | 0.36%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| VERITAS SERIES G PREFERRED STO                 | VERITAS SERIES G PREFERRED STO                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      34448 | NS      | $775080.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   15659000 | PA      | $15191422.26   | 0.10%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| XEROX CORPORATION                              | Xerox Corp                                                                       | CUSIP: 984121CS0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    5319000 | PA      | $5451234.06    | 0.03%             | 2030-10-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18611000 | PA      | $18837142.26   | 0.12%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                  | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   77339000 | PA      | $77922136.06   | 0.49%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                            | AssuredPartners Inc                                                              | CUSIP: 04624VAC3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |    5984000 | PA      | $6404835.57    | 0.04%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   16202000 | PA      | $7893074.87    | 0.05%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   41556000 | PA      | $37836738.00   | 0.24%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   12842000 | PA      | $13098840.00   | 0.08%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   22457000 | PA      | $19640878.73   | 0.12%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 55300RAJ0<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    7269000 | PA      | $7395141.14    | 0.05%             | 2031-06-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    6259000 | PA      | $6398029.92    | 0.04%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    9678000 | PA      | $9002875.30    | 0.06%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   17478000 | PA      | $16917235.85   | 0.11%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   12385000 | PA      | $12589845.42   | 0.08%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                       | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10223000 | PA      | $6662840.25    | 0.04%             | 2029-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   18648000 | PA      | $18486857.04   | 0.12%             | 2028-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP                                      | Sunoco LP                                                                        | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   11516000 | PA      | $11862713.36   | 0.07%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    4453000 | PA      | $4689770.91    | 0.03%             | 2028-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168QAF2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |   13835000 | PA      | $11494367.03   | 0.07%             | 2031-10-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   19515000 | PA      | $19018415.46   | 0.12%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7038000 | PA      | $6714463.14    | 0.04%             | 2031-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 27034RAA1<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    9100000 | PA      | $9270711.45    | 0.06%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    7982000 | PA      | $7950132.66    | 0.05%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11558000 | PA      | $11769024.81   | 0.07%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    7228000 | PA      | $7436280.60    | 0.05%             | 2028-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   14640000 | PA      | $14536616.71   | 0.09%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| OFFICE PROP INCOME TRUST                       | OFFICE PROP INCOME TRUST                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      18325 | NS      | $3536.73       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   12327000 | PA      | $12558131.25   | 0.08%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ATI INC                                        | ATI Inc                                                                          | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    5582000 | PA      | $5833208.42    | 0.04%             | 2030-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   11098000 | PA      | $10182415.00   | 0.06%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    9564000 | PA      | $8488050.00    | 0.05%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   13758000 | PA      | $12784192.25   | 0.08%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CORNERSTONE BUILDING                           | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    7189000 | PA      | $6389223.75    | 0.04%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   16163000 | PA      | $16446337.39   | 0.10%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   10886000 | PA      | $11003642.82   | 0.07%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8553000 | PA      | $8161272.60    | 0.05%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAB2<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    5864000 | PA      | $5915310.00    | 0.04%             | 2026-05-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VERITAS SERIES G 1 PREFERRED                   | VERITAS SERIES G 1 PREFERRED                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      23800 | NS      | $535500.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                               | DT Midstream Inc                                                                 | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16520000 | PA      | $15730344.00   | 0.10%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |    7676000 | PA      | $7478253.19    | 0.05%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    8060000 | PA      | $7975692.40    | 0.05%             | 2030-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   30704000 | PA      | $28804902.33   | 0.18%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                         | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5730000 | PA      | $5639007.60    | 0.04%             | 2030-07-27      | Fixed         | 8.45%                 | No            |                  2 | On Loan: —       |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   15200000 | PA      | $15371000.00   | 0.10%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    7035000 | PA      | $7075247.24    | 0.04%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   11669000 | PA      | $7986987.08    | 0.05%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   25508000 | PA      | $27504511.16   | 0.17%             | 2027-02-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                                   | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    5570000 | PA      | $5293512.44    | 0.03%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBL0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    9488605 | PA      | $4658900.31    | 0.03%             | 2030-05-01      | Fixed         | 10.88%                | 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        |   11478000 | PA      | $12476586.00   | 0.08%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6069000 | PA      | $6044906.07    | 0.04%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   17694000 | PA      | $17651976.75   | 0.11%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   36012000 | PA      | $30565185.00   | 0.19%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    6992000 | PA      | $7118974.72    | 0.04%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |   11271000 | PA      | $8946356.25    | 0.06%             | 2031-05-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Wynn Macau Ltd                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAD8<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   10881000 | PA      | $10678282.62   | 0.07%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBM8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    9749100 | PA      | $7527609.63    | 0.05%             | 2030-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   18806000 | PA      | $19370556.12   | 0.12%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ROCKIES EXPRESS PIPELINE                       | ROCKIES EXPRESS PIPELINE                                                         | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    7510000 | PA      | $7735074.70    | 0.05%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| FXI HOLDINGS INC                               | FXI Holdings Inc                                                                 | CUSIP: 36120RAE9<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    7491000 | PA      | $6598481.81    | 0.04%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    6449000 | PA      | $6458351.05    | 0.04%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                            | Medline Borrower LP                                                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   65627000 | PA      | $61813959.73   | 0.39%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                           | Alpha Generation LLC                                                             | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |   14401000 | PA      | $14662071.41   | 0.09%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| SOMNIGROUP INTL INC                            | Somnigroup International Inc                                                     | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |   12330000 | PA      | $10973700.00   | 0.07%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    7692000 | PA      | $7187481.72    | 0.05%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| BELRON UK FINANCE PLC                          | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |   16078000 | PA      | $16118195.00   | 0.10%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                              | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   37791000 | PA      | $34928010.53   | 0.22%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: —       |
| CHURCHILL DOWNS INC                            | Churchill Downs Inc                                                              | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   18425000 | PA      | $18148625.00   | 0.11%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    7269000 | PA      | $7297197.18    | 0.05%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   13073000 | PA      | $13359404.59   | 0.08%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    6720000 | PA      | $6654480.00    | 0.04%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    5726000 | PA      | $5912095.00    | 0.04%             | 2028-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| MIDCAP FINANCIAL                               | Midcap Financial Issuer Trust                                                    | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5835000 | PA      | $5278221.38    | 0.03%             | 2030-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   10061000 | PA      | $9988486.35    | 0.06%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ANYWHERE RE GRP/REALOGY                        | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8064000 | PA      | $6608906.04    | 0.04%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    5839000 | PA      | $5349149.36    | 0.03%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| NGL ENRGY OP/FIN CORP                          | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAD0<br>LEI: 5299005YSRP46BE8Z459 | Long             | DBT              | CORP              | US        |   19953000 | PA      | $18805702.50   | 0.12%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   11315000 | PA      | $11419239.44   | 0.07%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   12445000 | PA      | $11590322.20   | 0.07%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| PETSMART INC/PETSMART FI                       | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18932000 | PA      | $18230569.40   | 0.11%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| XPO INC                                        | XPO Inc                                                                          | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    8559000 | PA      | $8888435.91    | 0.06%             | 2032-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   11972000 | PA      | $11964517.50   | 0.08%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   33767000 | PA      | $17227400.01   | 0.11%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    6915000 | PA      | $6826142.25    | 0.04%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   19844000 | PA      | $19362783.00   | 0.12%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   16176000 | PA      | $16059128.40   | 0.10%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAN4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   11544000 | PA      | $11857996.80   | 0.07%             | 2029-07-15      | Fixed         | 6.58%                 | No            |                  2 | On Loan: —       |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   20748000 | PA      | $20295249.59   | 0.13%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    8913000 | PA      | $8743095.94    | 0.05%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   12036000 | PA      | $11572453.92   | 0.07%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks Inc                                                                 | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   14986000 | PA      | $15885160.00   | 0.10%             | 2029-01-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11719000 | PA      | $11220888.59   | 0.07%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| CVS HEALTH CORP                                | CVS Health Corp                                                                  | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   32405000 | PA      | $32631835.00   | 0.20%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                            | Prestige Brands Inc                                                              | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    3808000 | PA      | $3782802.46    | 0.02%             | 2028-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                       | Focus Financial Partners LLC                                                     | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |   15617000 | PA      | $15785815.08   | 0.10%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                         | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   28014000 | PA      | $29418767.63   | 0.18%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| DIRECTV FIN LLC/COINC                          | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   31370000 | PA      | $30501051.00   | 0.19%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    9884000 | PA      | $9641370.53    | 0.06%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| MCAFEE CORP                                    | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   30489000 | PA      | $28202325.00   | 0.18%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    7375000 | PA      | $6611226.56    | 0.04%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   19237000 | PA      | $17986595.00   | 0.11%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8144000 | PA      | $7481892.80    | 0.05%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ITT HOLDINGS LLC                               | ITT Holdings LLC                                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   18523000 | PA      | $17246459.67   | 0.11%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAF1<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    7082000 | PA      | $6908092.99    | 0.04%             | 2027-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| QXO BUILDING PRODUCTS                          | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |   35229000 | PA      | $36176008.36   | 0.23%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                               | Paramount Global                                                                 | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   14097000 | PA      | $13716381.00   | 0.09%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| DIRECTV FIN LLC/COINC                          | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   56396000 | PA      | $55550060.00   | 0.35%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   29548000 | PA      | $31676933.40   | 0.20%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                   | AES Corp/The                                                                     | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   12491000 | PA      | $12565448.86   | 0.08%             | 2055-01-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |   13837000 | PA      | $12431575.91   | 0.08%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   22887000 | PA      | $20254120.72   | 0.13%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7499000 | PA      | $7508073.79    | 0.05%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                            | Station Casinos LLC                                                              | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    7004000 | PA      | $7011696.00    | 0.04%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    8741000 | PA      | $8367158.79    | 0.05%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAF9<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    6759000 | PA      | $6597611.98    | 0.04%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   32437000 | PA      | $33100437.20   | 0.21%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    4000000 | PA      | $4140000.00    | 0.03%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| INCORA TOP HOLDCO LLC 6 31JA                   | INCORA TOP HOLDCO LLC 6 31JA                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4042911 | PA      | $863155.80     | 0.01%             | 2033-01-31      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   17519000 | PA      | $17517644.03   | 0.11%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                 | Gray Media Inc                                                                   | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    7329000 | PA      | $7277697.00    | 0.05%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| AVIENT CORP                                    | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   11347000 | PA      | $11692856.56   | 0.07%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   17646000 | PA      | $16384079.84   | 0.10%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                        | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   16860000 | PA      | $15886335.00   | 0.10%             | 2032-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                               | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |   14688000 | PA      | $15497455.68   | 0.10%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |   10637000 | PA      | $10508505.04   | 0.07%             | 2027-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    7120000 | PA      | $7292548.93    | 0.05%             | 2030-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11585000 | PA      | $11566684.12   | 0.07%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                       | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    7259000 | PA      | $7447140.21    | 0.05%             | 2032-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    6604000 | PA      | $5596890.00    | 0.04%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   10286000 | PA      | $9840924.78    | 0.06%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   13691000 | PA      | $12164631.48   | 0.08%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   12628000 | PA      | $12059740.00   | 0.08%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   15240000 | PA      | $7025640.00    | 0.04%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                             | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   20711000 | PA      | $21438163.21   | 0.13%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   10556000 | PA      | $10784191.16   | 0.07%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| FXI HOLDINGS INC                               | FXI Holdings Inc                                                                 | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |   11790000 | PA      | $10413517.50   | 0.07%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| COREWEAVE INC                                  | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    8710000 | PA      | $8699112.50    | 0.05%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                        | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   23861000 | PA      | $20556251.50   | 0.13%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   15070000 | PA      | $12959258.13   | 0.08%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4834000 | PA      | $4825247.56    | 0.03%             | 2026-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| UniCredit SpA                                  | UniCredit SpA                                                                    | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    1570000 | PA      | $1573344.10    | 0.01%             | 2032-06-19      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                           | Chart Industries Inc                                                             | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    7643000 | PA      | $8139976.14    | 0.05%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   16674000 | PA      | $15419448.24   | 0.10%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| EG GLOBAL FINANCE PLC                          | eG Global Finance PLC                                                            | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |   19760000 | PA      | $21782831.20   | 0.14%             | 2028-11-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: —       |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |   15950000 | PA      | $14394031.25   | 0.09%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              |  | US        |   45670900 | PA      | $48462264.30   | 0.30%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   11313000 | PA      | $10842303.40   | 0.07%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   10183000 | PA      | $6668094.18    | 0.04%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    9439000 | PA      | $9532634.88    | 0.06%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    9650000 | PA      | $9154397.23    | 0.06%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| LBM ACQUISITION LLC                            | LBM Acquisition LLC                                                              | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |   13109000 | PA      | $10500571.18   | 0.07%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7099000 | PA      | $7271742.10    | 0.05%             | 2028-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    5511000 | PA      | $5566936.65    | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    7401000 | PA      | $7243947.08    | 0.05%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   14000000 | PA      | $13299354.60   | 0.08%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAR1<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   18067000 | PA      | $19970900.46   | 0.13%             | 2030-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   12006000 | PA      | $11969982.00   | 0.08%             | 2032-09-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| MPH ACQUISITION HOLDINGS                       | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    9129196 | PA      | $8992258.06    | 0.06%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: —       |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   16664000 | PA      | $16326387.36   | 0.10%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                            | Churchill Downs Inc                                                              | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   11076000 | PA      | $10826790.00   | 0.07%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   11278000 | PA      | $9968624.20    | 0.06%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| VIRGIN MEDIA VEND FIN IV                       | Virgin Media Vendor Financing Notes IV DAC                                       | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |    6969000 | PA      | $6799033.76    | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    7153000 | PA      | $6947939.23    | 0.04%             | 2026-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    5669000 | PA      | $4573182.30    | 0.03%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8446000 | PA      | $8431403.62    | 0.05%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAC0<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    7121000 | PA      | $4756162.90    | 0.03%             | 2029-11-30      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10563000 | PA      | $10841430.12   | 0.07%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| ADVANCE AUTO PARTS                             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    7050000 | PA      | $6522660.00    | 0.04%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   10707000 | PA      | $10674453.93   | 0.07%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   28010000 | PA      | $29362883.00   | 0.18%             | 2028-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INFO MGMT                        | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |   11398000 | PA      | $10785357.50   | 0.07%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |   13378000 | PA      | $10136911.94   | 0.06%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16596000 | PA      | $17436172.50   | 0.11%             | 2030-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| STAPLES INC                                    | Staples Inc                                                                      | CUSIP: 855030AS1<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   12809936 | PA      | $8303583.70    | 0.05%             | 2030-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: —       |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |    6923000 | PA      | $6723963.75    | 0.04%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   22251000 | PA      | $20256754.13   | 0.13%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    4302000 | PA      | $4326243.92    | 0.03%             | 2026-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16125000 | PA      | $15591228.64   | 0.10%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                                | CUSIP: 44984WAH0<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    6446000 | PA      | $6309022.50    | 0.04%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    3900000 | PA      | $3934125.00    | 0.02%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              |  | US        |    5646000 | PA      | $5812364.47    | 0.04%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    7183000 | PA      | $6815927.15    | 0.04%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    8361000 | PA      | $8068214.50    | 0.05%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    6664000 | PA      | $6141742.32    | 0.04%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        | 3311124640 | NS      | $3312449089.38 | 20.78%            |  |  |  | No            |                  1 | On Loan: No      |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14064000 | PA      | $14527408.80   | 0.09%             | 2029-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    6094000 | PA      | $5964258.74    | 0.04%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    7337000 | PA      | $7421742.35    | 0.05%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7884000 | PA      | $7423748.64    | 0.05%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   10457000 | PA      | $10182399.18   | 0.06%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    7295000 | PA      | $7370405.50    | 0.05%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   46117000 | PA      | $44036219.41   | 0.28%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CROWN AMERICAS LLC                             | Crown Americas LLC                                                               | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    6978000 | PA      | $6953158.32    | 0.04%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   11148000 | PA      | $11635725.00   | 0.07%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| IHO VERWALTUNGS GMBH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    6542000 | PA      | $6558158.74    | 0.04%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                     | CUSIP: 683879AH3<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    6905000 | PA      | $6864390.31    | 0.04%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                       | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   16836000 | PA      | $17277945.00   | 0.11%             | 2031-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| SENSATA TECH INC                               | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    6990000 | PA      | $6563729.53    | 0.04%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    7214000 | PA      | $7096772.50    | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14247000 | PA      | $15150117.33   | 0.10%             | 2031-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| COGENT COMM GROUP LLC                          | Cogent Communications Group LLC                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    5765000 | PA      | $5718880.00    | 0.04%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   12056000 | PA      | $11136730.00   | 0.07%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| RADIOLOGY PARTNERS INC                         | Radiology Partners Inc                                                           | CUSIP: 75041VAB0<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   10545163 | PA      | $10580313.19   | 0.07%             | 2029-01-31      | Fixed         | 7.78%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   18165000 | PA      | $15518977.11   | 0.10%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   12723000 | PA      | $12421195.17   | 0.08%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| US ACUTE CARE SOLUTIONS                        | US Acute Care Solutions LLC                                                      | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14890000 | PA      | $15138476.88   | 0.09%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   19616000 | PA      | $17777000.00   | 0.11%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| SYNCHRONY FINANCIAL                            | Synchrony Financial                                                              | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   11877000 | PA      | $12126025.06   | 0.08%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| STENA INTERNATIONAL SA                         | Stena International SA                                                           | CUSIP: 85858EAE3<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |    5526000 | PA      | $5592441.31    | 0.04%             | 2031-02-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                        | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAC7<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   15944000 | PA      | $16462180.00   | 0.10%             | 2028-02-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE EAST LLC                            | Brightline East LLC                                                              | CUSIP: 093536AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19776000 | PA      | $14238720.00   | 0.09%             | 2030-01-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBP5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    7885000 | PA      | $8404847.80    | 0.05%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| SCIH SALT HOLDINGS INC                         | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10339000 | PA      | $10137518.74   | 0.06%             | 2029-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| USA COM PART/USA COM FIN                       | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16800000 | PA      | $17052000.00   | 0.11%             | 2029-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    6301000 | PA      | $5489095.36    | 0.03%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   34676000 | PA      | $15894965.20   | 0.10%             | 2030-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO                       | Medline Borrower LP/Medline Co-Issuer Inc                                        | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22015000 | PA      | $22400262.50   | 0.14%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CITGO PETROLEUM CORP                           | CITGO Petroleum Corp                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |   13718000 | PA      | $13917797.18   | 0.09%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   10406000 | PA      | $9152805.42    | 0.06%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| BREAD FINANCIAL HLDGS                          | Bread Financial Holdings Inc                                                     | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    5755000 | PA      | $5591212.70    | 0.04%             | 2035-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   30775000 | PA      | $31513356.88   | 0.20%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   22359000 | PA      | $22104630.60   | 0.14%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ORGANON & CO/ORGANON FOR                       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   30335000 | PA      | $25481400.00   | 0.16%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12751000 | PA      | $12867023.90   | 0.08%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CONSTELLIUM SE                                 | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    7143000 | PA      | $6593631.87    | 0.04%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    7736000 | PA      | $7755185.28    | 0.05%             | 2027-04-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              |  | US        |   10417000 | PA      | $10291265.77   | 0.06%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18589000 | PA      | $18627793.38   | 0.12%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                        | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    7110000 | PA      | $6687168.30    | 0.04%             | 2029-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    6866000 | PA      | $7483596.70    | 0.05%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   13171000 | PA      | $12452814.35   | 0.08%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298CH4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    6162000 | PA      | $5129865.00    | 0.03%             | 2031-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    6487000 | PA      | $6371713.04    | 0.04%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   24446000 | PA      | $23643865.63   | 0.15%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ENERGY TRANSFER LP                             | Energy Transfer LP                                                               | CUSIP: 29273VBC3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    5325000 | PA      | $5352626.10    | 0.03%             | 2054-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| OLIN CORP                                      | Olin Corp                                                                        | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   11321000 | PA      | $11080428.75   | 0.07%             | 2029-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| PRIME HEALTHCARE SERVICE                       | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   23090000 | PA      | $23470985.00   | 0.15%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                   | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   11904000 | PA      | $11654254.08   | 0.07%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| WYNN RESORTS FINANCE LLC                       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11822000 | PA      | $11487437.40   | 0.07%             | 2029-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| NEWFOLD DIGITAL HLDGS GR                       | Newfold Digital Holdings Group Inc                                               | CUSIP: 29279XAA8<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    9529000 | PA      | $5530496.29    | 0.03%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VALARIS LTD                                    | Valaris Ltd                                                                      | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   17419000 | PA      | $17431472.00   | 0.11%             | 2030-04-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    5758000 | PA      | $5801875.96    | 0.04%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   11328000 | PA      | $11186400.00   | 0.07%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                        | Light & Wonder International Inc                                                 | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    7161000 | PA      | $7365947.82    | 0.05%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   14234000 | PA      | $13913735.00   | 0.09%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| UNICREDIT SPA                                  | UniCredit SpA                                                                    | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    4280000 | PA      | $4187409.48    | 0.03%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   29063000 | PA      | $22066082.75   | 0.14%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   14805000 | PA      | $15278918.41   | 0.10%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                       | Diversified Healthcare Trust                                                     | CUSIP: 25525PAB3<br>LEI: N/A                  | Long             | DBT              |  | US        |    7004000 | PA      | $5786384.72    | 0.04%             | 2031-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   20232000 | PA      | $18278347.50   | 0.11%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                           | Wrangler Holdco Corp                                                             | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7571000 | PA      | $7802767.24    | 0.05%             | 2032-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| STAR PARENT INC                                | Star Parent Inc                                                                  | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |   15261000 | PA      | $15762511.56   | 0.10%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    1955000 | PA      | $2025868.75    | 0.01%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |   11263000 | PA      | $10655023.26   | 0.07%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   21753000 | PA      | $14248215.00   | 0.09%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    6921000 | PA      | $7050768.75    | 0.04%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    7222000 | PA      | $6368901.25    | 0.04%             | 2026-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   17824000 | PA      | $17197614.73   | 0.11%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   15403000 | PA      | $15688671.74   | 0.10%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| Olin Corp                                      | Olin Corp                                                                        | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    7523000 | PA      | $7117353.82    | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CRESCENT ENERGY FINANCE                        | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   15410000 | PA      | $14292775.00   | 0.09%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   11842000 | PA      | $11804067.71   | 0.07%             | 2032-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    6474000 | PA      | $6247410.00    | 0.04%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              |  | US        |   22402000 | PA      | $22964738.24   | 0.14%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   12679000 | PA      | $11321824.63   | 0.07%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                 | Brink's Co/The                                                                   | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    5719000 | PA      | $5859745.73    | 0.04%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   22323000 | PA      | $21387400.66   | 0.13%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| SOUTH BOW CAN INFRA HOLD                       | South Bow Canadian Infrastructure Holdings Ltd                                   | CUSIP: 836720AH5<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    9703000 | PA      | $9663382.65    | 0.06%             | 2055-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    7006000 | PA      | $6897669.73    | 0.04%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   20348000 | PA      | $20037231.10   | 0.13%             | 2027-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AW6<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    5862000 | PA      | $5258829.51    | 0.03%             | 2032-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10512000 | PA      | $10164136.90   | 0.06%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AW8<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |   11802000 | PA      | $12350659.64   | 0.08%             | 2029-08-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| DISH DBS Corp                                  | DISH DBS Corp                                                                    | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   28442000 | PA      | $24460120.00   | 0.15%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                          | CUSIP: 747262BA0<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    8461000 | PA      | $3765145.00    | 0.02%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                              | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   31026000 | PA      | $29801298.29   | 0.19%             | 2027-09-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                   | SM Energy Co                                                                     | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    6328000 | PA      | $6279430.07    | 0.04%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SEALED AIR/SEALED AIR US                       | Sealed Air Corp/Sealed Air Corp US                                               | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   11134000 | PA      | $11248902.88   | 0.07%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BK6<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    7131000 | PA      | $6625233.83    | 0.04%             | 2033-04-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICAL INDU                       | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   14542000 | PA      | $14416890.81   | 0.09%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CUSHMAN & WAKEFIELD US                         | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |   10303000 | PA      | $10341636.25   | 0.06%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15003000 | PA      | $15003000.00   | 0.09%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                       | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   16429000 | PA      | $16186652.54   | 0.10%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ARSENAL AIC PARENT LLC                         | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10120000 | PA      | $10603546.76   | 0.07%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| AXON ENTERPRISE INC                            | Axon Enterprise Inc                                                              | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   15349000 | PA      | $15617607.50   | 0.10%             | 2030-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   10258000 | PA      | $5800030.15    | 0.04%             | 2030-01-30      | Fixed         | 5.25%                 | 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              |  | US        |   15021000 | PA      | $15205842.42   | 0.10%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| OPEN TEXT INC                                  | Open Text Holdings Inc                                                           | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9402000 | PA      | $8507315.08    | 0.05%             | 2031-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ASP UNIFRAX HOLDINGS INC                       | ASP Unifrax Holdings Inc                                                         | CUSIP: 00218LAH4<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |    9627142 | PA      | $3971196.08    | 0.02%             | 2029-09-30      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   20089000 | PA      | $13585186.25   | 0.09%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7191000 | PA      | $7264213.73    | 0.05%             | 2031-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   17397000 | PA      | $16016306.23   | 0.10%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   19117000 | PA      | $18994268.86   | 0.12%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AR4<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     165000 | PA      | $168572.25     | 0.00%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   15879000 | PA      | $14092612.50   | 0.09%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                                   | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    6674000 | PA      | $6100703.40    | 0.04%             | 2081-11-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9739000 | PA      | $9931446.54    | 0.06%             | 2028-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| EQUIPMENTSHARE.COM INC                         | EquipmentShare.com Inc                                                           | CUSIP: 29450YAC3<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    7682000 | PA      | $7899016.50    | 0.05%             | 2033-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   16061000 | PA      | $16766399.12   | 0.11%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: —       |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    5667000 | PA      | $5394275.06    | 0.03%             | 2031-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    7109000 | PA      | $6415872.50    | 0.04%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| MADISON IAQ LLC                                | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   15168000 | PA      | $14675040.00   | 0.09%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8914000 | PA      | $9035772.37    | 0.06%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   10457000 | PA      | $10282521.82   | 0.06%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                              | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    9769000 | PA      | $9435640.69    | 0.06%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   29834000 | PA      | $28290743.86   | 0.18%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    7269000 | PA      | $6636423.27    | 0.04%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   11133000 | PA      | $11103274.89   | 0.07%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                        | Central Garden & Pet Co                                                          | CUSIP: 153527AP1<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    6503000 | PA      | $5923833.72    | 0.04%             | 2031-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   15742000 | PA      | $15512769.72   | 0.10%             | 2030-11-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |   17970000 | PA      | $12943808.97   | 0.08%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   12167000 | PA      | $12029756.24   | 0.08%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   12928000 | PA      | $13021598.72   | 0.08%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   14165000 | PA      | $14120734.38   | 0.09%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   14418000 | PA      | $9804240.00    | 0.06%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    4258000 | PA      | $4281815.85    | 0.03%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NFE FINANCING LLC                              | NFE Financing LLC                                                                | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   38862095 | PA      | $17196477.04   | 0.11%             | 2029-11-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAE6<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   12673000 | PA      | $13272840.97   | 0.08%             | 2028-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   10880000 | PA      | $10778590.78   | 0.07%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| RYAN SPECIALTY GROUP                           | Ryan Specialty LLC                                                               | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    5813000 | PA      | $5530247.54    | 0.03%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   21733000 | PA      | $21692250.63   | 0.14%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   17125000 | PA      | $16317042.50   | 0.10%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAA4<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    9258000 | PA      | $9718367.01    | 0.06%             | 2028-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              |  | US        |   20623000 | PA      | $17989442.90   | 0.11%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| WAND NEWCO 3 INC                               | Wand NewCo 3 Inc                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |   18372000 | PA      | $19124833.12   | 0.12%             | 2032-01-30      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    2645000 | PA      | $2648703.00    | 0.02%             | 2033-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   16974000 | PA      | $16076133.11   | 0.10%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    6882000 | PA      | $6688010.18    | 0.04%             | 2028-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| REWORLD HOLDING CORP                           | Reworld Holding Corp                                                             | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |   11268000 | PA      | $10643752.80   | 0.07%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   16889000 | PA      | $15323727.48   | 0.10%             | 2031-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14932000 | PA      | $14519876.80   | 0.09%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| DPL INC                                        | DPL Inc                                                                          | CUSIP: 233293AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5398000 | PA      | $5180460.60    | 0.03%             | 2029-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   10521000 | PA      | $9613458.54    | 0.06%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                            | AssuredPartners Inc                                                              | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |    6124000 | PA      | $6110946.08    | 0.04%             | 2029-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   10496000 | PA      | $10293742.08   | 0.06%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   18880000 | NS      | $18880000.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   21920000 | PA      | $19485564.80   | 0.12%             | 2032-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| RR DONNELLEY & SONS CO                         | RR Donnelley & Sons Co                                                           | CUSIP: 257867BK6<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    6191000 | PA      | $6014224.66    | 0.04%             | 2029-08-01      | Fixed         | 10.88%                | No            |                  2 | On Loan: —       |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    5902000 | PA      | $5723517.62    | 0.04%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    6149000 | PA      | $6138879.98    | 0.04%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5080000 | PA      | $5131816.00    | 0.03%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                       | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13468000 | PA      | $13462478.12   | 0.08%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              |  | US        |    7327000 | PA      | $7354476.25    | 0.05%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   14700000 | PA      | $10066864.29   | 0.06%             | 2030-12-01      | Fixed         | 4.13%                 | 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        |    8257000 | PA      | $8236357.50    | 0.05%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHOBANI HOLDCO II LLC                          | Chobani Holdco II LLC                                                            | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8024044 | PA      | $8539986.02    | 0.05%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| AXALTA COATING SYSTEMS D                       | Axalta Coating Systems Dutch Holding B BV                                        | CUSIP: 05455JAA5<br>LEI: 5493007DMEBZH3CQ5E51 | Long             | DBT              | CORP              | NL        |    7121000 | PA      | $7446358.49    | 0.05%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11118000 | PA      | $11208722.88   | 0.07%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   11752000 | PA      | $11041004.00   | 0.07%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   21114000 | PA      | $18237217.50   | 0.11%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                                             | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   16958000 | PA      | $18676325.31   | 0.12%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168AAA8<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |   10085000 | PA      | $9577282.78    | 0.06%             | 2027-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   16638000 | PA      | $17142339.38   | 0.11%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   40623000 | PA      | $37373160.00   | 0.23%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   14383000 | PA      | $13311466.50   | 0.08%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| WOLVERINE ESCROW LLC                           | WOLVERINE ESCROW LLC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13501000 | PA      | $1.35          | 0.00%             | 2033-01-31      | Variable      | 9.00%                 | No            |                  3 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   14208000 | PA      | $13096546.52   | 0.08%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9170000 | PA      | $9133870.20    | 0.06%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| BCPE ULYSSES INTERMEDIAT                       | BCPE Ulysses Intermediate Inc                                                    | CUSIP: 05553LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5427000 | PA      | $5148866.25    | 0.03%             | 2027-04-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| HILTON GRAND VAC LLC/INC                       | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6808000 | PA      | $6103712.40    | 0.04%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| OPAL BIDCO SAS                                 | OPAL BIDCO                                                                       | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |   16621000 | PA      | $16610778.09   | 0.10%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SAKS GLOBAL ENTERPRISES                        | Saks Global Enterprises LLC                                                      | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   31156000 | PA      | $15127562.13   | 0.09%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    5659000 | PA      | $5354372.07    | 0.03%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| CAMELOT RETURN MERGER SU                       | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10173000 | PA      | $9003105.00    | 0.06%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |   10839000 | PA      | $9817532.64    | 0.06%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                       | Aston Martin Capital Holdings Ltd                                                | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |   16902000 | PA      | $15845625.00   | 0.10%             | 2029-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7204000 | PA      | $7276112.04    | 0.05%             | 2028-06-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| SENSATA TECHNOLOGIES INC                       | Sensata Technologies Inc                                                         | CUSIP: 81728UAC8<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    7400000 | PA      | $7447915.00    | 0.05%             | 2032-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| MIDCAP FINANCIAL ISSR TR                       | Midcap Financial Issuer Trust                                                    | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15107000 | PA      | $14668543.50   | 0.09%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |   10946000 | PA      | $10743401.58   | 0.07%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    6474000 | PA      | $2946641.10    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                          | HUB International Ltd                                                            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   28341000 | PA      | $29576576.91   | 0.19%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                   | SM Energy Co                                                                     | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   10852000 | PA      | $10411734.36   | 0.07%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ALLISON TRANSMISSION INC                       | Allison Transmission Inc                                                         | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   15511000 | PA      | $14076232.50   | 0.09%             | 2031-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    7906000 | PA      | $7787410.00    | 0.05%             | 2027-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    7050000 | PA      | $6953866.20    | 0.04%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                 | Gray Media Inc                                                                   | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   18766000 | PA      | $13396296.76   | 0.08%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   60753000 | PA      | $62182518.09   | 0.39%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |   10315000 | PA      | $11105863.43   | 0.07%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    8286000 | PA      | $7778151.06    | 0.05%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Churchill Downs Inc                            | Churchill Downs Inc                                                              | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    9218000 | PA      | $9178823.50    | 0.06%             | 2027-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   43121000 | PA      | $43494742.64   | 0.27%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   21207000 | PA      | $20035147.84   | 0.13%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ASHTON WOODS USA/FINANCE                       | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6036000 | PA      | $5650086.53    | 0.04%             | 2030-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    7283000 | PA      | $8042582.67    | 0.05%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd                             | Viking Cruises Ltd                                                               | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   11301000 | PA      | $11295123.48   | 0.07%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    5462000 | PA      | $5025721.66    | 0.03%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    7038000 | PA      | $7214020.38    | 0.05%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| AES CORP/THE                                   | AES Corp/The                                                                     | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    6738000 | PA      | $6368079.08    | 0.04%             | 2055-07-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: —       |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    6893000 | PA      | $6732844.59    | 0.04%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AH0<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    8568000 | PA      | $8994849.19    | 0.06%             | 2028-12-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   12436000 | PA      | $11674295.00   | 0.07%             | 2030-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    9833000 | PA      | $9858903.07    | 0.06%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| HOLOGIC INC                                    | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |   13470000 | PA      | $12863338.14   | 0.08%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11414000 | PA      | $11282168.30   | 0.07%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   14727000 | PA      | $14706382.20   | 0.09%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Hologic Inc                                    | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    5281000 | PA      | $5209104.99    | 0.03%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                             | Ally Financial Inc                                                               | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    7703000 | PA      | $7831773.36    | 0.05%             | 2033-02-14      | Fixed         | 6.70%                 | No            |                  2 | On Loan: —       |
| SM Energy Co                                   | SM Energy Co                                                                     | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    5583000 | PA      | $5582441.70    | 0.04%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    5360000 | PA      | $5261239.32    | 0.03%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AS5<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    5578000 | PA      | $5296004.21    | 0.03%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| B&G FOODS INC                                  | B&G Foods Inc                                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    8177000 | PA      | $7175317.50    | 0.05%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    7789000 | PA      | $6591908.59    | 0.04%             | 2030-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   12171000 | PA      | $12412898.63   | 0.08%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    4680000 | PA      | $4672038.38    | 0.03%             | 2030-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| ANYWHERE RE GRP/REALOGY                        | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6685000 | PA      | $5180875.00    | 0.03%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   16303000 | PA      | $15989477.01   | 0.10%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                         | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                   | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |    8629000 | PA      | $8559853.23    | 0.05%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    7567000 | PA      | $7266725.55    | 0.05%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| JONES DESLAURIERS INSURA                       | Jones Deslauriers Insurance Management Inc                                       | CUSIP: 48020RAA3<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    6747000 | PA      | $7224130.97    | 0.05%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    7325000 | PA      | $7346975.00    | 0.05%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7119000 | PA      | $7415759.79    | 0.05%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   20944000 | PA      | $19243556.64   | 0.12%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   11879000 | PA      | $11290048.68   | 0.07%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NEW FORTRESS ENERGY INC                        | New Fortress Energy Inc                                                          | CUSIP: 644393AB6<br>LEI: 254900EICTYTCHA5X705 | Long             | DBT              | CORP              | US        |    6334000 | PA      | $3800262.55    | 0.02%             | 2026-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12969000 | PA      | $12239493.75   | 0.08%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BR4<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   16292000 | PA      | $16531696.05   | 0.10%             | 2034-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   45372000 | PA      | $48491325.00   | 0.30%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| UKG INC                                        | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   37689000 | PA      | $38831749.32   | 0.24%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    8363000 | PA      | $8523281.08    | 0.05%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SOMNIGROUP INTL INC                            | Somnigroup International Inc                                                     | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |   12100000 | PA      | $11388269.53   | 0.07%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033GAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    6930000 | PA      | $5301450.00    | 0.03%             | 2032-01-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HLDGS GR                       | Newfold Digital Holdings Group Inc                                               | CUSIP: 650929AA0<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    8253000 | PA      | $6110306.62    | 0.04%             | 2028-10-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |   21650000 | PA      | $21231938.50   | 0.13%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| MIDAS OPCO HOLDINGS LLC                        | Stagwell Global LLC                                                              | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |   16803000 | PA      | $15794820.00   | 0.10%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AM9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    6120000 | PA      | $3846044.23    | 0.02%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                                | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   16619000 | PA      | $16494357.50   | 0.10%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10475000 | PA      | $10040078.00   | 0.06%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| RR DONNELLEY & SONS CO                         | RR Donnelley & Sons Co                                                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   16817000 | PA      | $16909493.50   | 0.11%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   14871000 | PA      | $13316980.50   | 0.08%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   11737000 | PA      | $11970410.20   | 0.08%             | 2030-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| IQVIA INC                                      | IQVIA Inc                                                                        | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    6803000 | PA      | $6939111.70    | 0.04%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |   10165000 | PA      | $9693112.24    | 0.06%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| MITER BRAND / MIWD BORR                        | Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC                          | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10084000 | PA      | $10151739.27   | 0.06%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ROGERS COMMUNICATIONS IN                       | Rogers Communications Inc                                                        | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   16843000 | PA      | $16922222.73   | 0.11%             | 2055-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   20604000 | PA      | $21846833.28   | 0.14%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                                             | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    6960000 | PA      | $6577250.11    | 0.04%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Brink's Co/The                                 | Brink's Co/The                                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    8411000 | PA      | $8301152.34    | 0.05%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    7953000 | PA      | $7666692.00    | 0.05%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    3780000 | PA      | $3803625.00    | 0.02%             | 2032-09-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   18727000 | PA      | $17977920.00   | 0.11%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| SM Energy Co                                   | SM Energy Co                                                                     | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    5759000 | PA      | $5750545.21    | 0.04%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   48857000 | PA      | $47807551.64   | 0.30%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                          | Nabors Industries Inc                                                            | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    8487000 | PA      | $5781470.01    | 0.04%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    6994000 | PA      | $6513162.50    | 0.04%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| COMSTOCK RESOURCES INC                         | Comstock Resources Inc                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   15057000 | PA      | $14228865.00   | 0.09%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   13468000 | PA      | $13619515.00   | 0.09%             | 2029-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    9776000 | PA      | $10020400.00   | 0.06%             | 2027-07-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   23778000 | PA      | $23079521.25   | 0.14%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   20779000 | PA      | $20986790.00   | 0.13%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   18928000 | PA      | $17116622.58   | 0.11%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   16411000 | PA      | $16821334.08   | 0.11%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                       | Brandywine Operating Partnership LP                                              | CUSIP: 105340AQ6<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    5859000 | PA      | $5591829.60    | 0.04%             | 2027-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                       | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12621000 | PA      | $12605088.71   | 0.08%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96949VAL7<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    7046000 | PA      | $7290680.81    | 0.05%             | 2031-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   27663000 | PA      | $27974208.75   | 0.18%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| COMPASS GROUP DIVERSIFIE                       | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |   14638000 | PA      | $12625275.00   | 0.08%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    5975000 | PA      | $5885093.58    | 0.04%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   13221000 | PA      | $13483475.19   | 0.08%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| INTESA SANPAOLO SPA                            | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    1545000 | PA      | $1393006.45    | 0.01%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAG0<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    5831000 | PA      | $5723846.63    | 0.04%             | 2027-09-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   15267000 | PA      | $14962098.16   | 0.09%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ZIGGO BOND CO BV                               | Ziggo Bond Co BV                                                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    6464000 | PA      | $5478240.00    | 0.03%             | 2030-02-28      | Fixed         | 5.13%                 | 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              | XX        |   11058000 | PA      | $11265337.50   | 0.07%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    6982000 | PA      | $7916278.88    | 0.05%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                           | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |    6924000 | PA      | $6725142.72    | 0.04%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10631000 | PA      | $10767517.99   | 0.07%             | 2030-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                                             | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   12539000 | PA      | $13445725.18   | 0.08%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                        | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6312000 | PA      | $6540810.00    | 0.04%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    7378000 | PA      | $5346836.60    | 0.03%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: —       |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   14413000 | PA      | $13458138.75   | 0.08%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   20582000 | PA      | $20015995.00   | 0.13%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20627000 | PA      | $20581208.06   | 0.13%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   16549000 | PA      | $16098039.75   | 0.10%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| BRINK'S CO/THE                                 | Brink's Co/The                                                                   | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    5253000 | PA      | $5349684.09    | 0.03%             | 2029-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   16822000 | PA      | $16317340.00   | 0.10%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   16346000 | PA      | $15313259.72   | 0.10%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAE1<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    6151000 | PA      | $5180833.53    | 0.03%             | 2029-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                    | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16094000 | PA      | $14987537.50   | 0.09%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                             | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |   17546000 | PA      | $18144143.14   | 0.11%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |   11256000 | PA      | $11078155.20   | 0.07%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9939000 | PA      | $10026898.53   | 0.06%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| JANE STREET GRP/JSG FIN                        | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8436000 | PA      | $8115712.92    | 0.05%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ELECTRICITE DE FRANCE SA                       | Electricite de France SA                                                         | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   21884000 | PA      | $24651809.54   | 0.15%             | 2033-03-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBM2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   11016134 | PA      | $12499203.07   | 0.08%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   45250801 | PA      | $44464142.98   | 0.28%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 55300RAG6<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |   11072000 | PA      | $10858864.00   | 0.07%             | 2027-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAP9<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    8005000 | PA      | $7682158.35    | 0.05%             | 2029-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| ALUMINA PTY LTD                                | Alumina Pty Ltd                                                                  | CUSIP: 02220AAB3<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |    7046000 | PA      | $6964530.63    | 0.04%             | 2032-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| EQUIPMENTSHARE.COM INC                         | EquipmentShare.com Inc                                                           | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    9348000 | PA      | $9792964.80    | 0.06%             | 2032-05-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| GLOBAL PART/GLP FINANCE                        | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5056000 | PA      | $5049680.00    | 0.03%             | 2027-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   11331000 | PA      | $10821105.00   | 0.07%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                       | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   10010000 | PA      | $10172662.50   | 0.06%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   15255000 | PA      | $14509114.40   | 0.09%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| LGI HOMES INC                                  | LGI Homes Inc                                                                    | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    5664000 | PA      | $5259816.96    | 0.03%             | 2032-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7451000 | PA      | $7259075.65    | 0.05%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    6773000 | PA      | $6452517.90    | 0.04%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   14153000 | PA      | $14342971.47   | 0.09%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   15103000 | PA      | $15683757.17   | 0.10%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   12633000 | PA      | $11453235.71   | 0.07%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13983000 | PA      | $12929101.29   | 0.08%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    9666000 | PA      | $9319763.88    | 0.06%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| BURFORD CAPITAL GLBL FIN                       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAE9<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   10466000 | PA      | $11133207.50   | 0.07%             | 2031-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                         | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16845000 | PA      | $16344029.70   | 0.10%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    9830000 | PA      | $9714253.72    | 0.06%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15182000 | PA      | $15716057.21   | 0.10%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   14578000 | PA      | $14231772.50   | 0.09%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                       | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   14283000 | PA      | $12954395.34   | 0.08%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Incora Top Holdco LLC                          | Incora Top Holdco LLC                                                            | CUSIP: 45338U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     203107 | NS      | $1015535.00    | 0.01%             |  |  |  | No            |                  3 | On Loan: —       |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   13769000 | PA      | $12423730.15   | 0.08%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |    9305000 | PA      | $8967870.55    | 0.06%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Teleflex Inc                                   | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    7008000 | PA      | $6886898.26    | 0.04%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks Inc                                                                 | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   15233000 | PA      | $11653245.00   | 0.07%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| PBF HOLDING CO LLC                             | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11918000 | PA      | $11019214.76   | 0.07%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                        | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22952000 | PA      | $22979829.30   | 0.14%             | 2032-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BX0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   10051000 | PA      | $11319938.75   | 0.07%             | 2029-04-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| COMMSCOPE TECH LLC                             | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |   11368000 | PA      | $10991264.48   | 0.07%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| AMC ENTERTAINMENT HLDGS                        | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |   13346000 | PA      | $10429899.00   | 0.07%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    8110000 | PA      | $7844566.19    | 0.05%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| EMRLD BOR / EMRLD CO-ISS                       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 26873CAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7069000 | PA      | $7226822.49    | 0.05%             | 2031-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| AMERICAN AIRLINES INC                          | American Airlines Inc                                                            | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   12012000 | PA      | $12132120.00   | 0.08%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   12462000 | PA      | $12072562.50   | 0.08%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   12508000 | PA      | $12216392.24   | 0.08%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   15056000 | PA      | $15002992.34   | 0.09%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| HUSKY INJECTION / TITAN                        | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   16367000 | PA      | $16724098.48   | 0.10%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    8939000 | PA      | $8784211.38    | 0.06%             | 2027-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    4662000 | PA      | $4641588.83    | 0.03%             | 2026-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   14246000 | PA      | $14103540.00   | 0.09%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Veritas US Inc                                 | Veritas US Inc 2024 Priority Term Loan                                           | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |          0 | PA      | $0.00          | 0.00%             | 2029-12-09      | Floating      | 16.80%                | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAH4<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    7020000 | PA      | $6759386.71    | 0.04%             | 2033-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VF CORP                                        | VF Corp                                                                          | CUSIP: 918204BB3<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    6599000 | PA      | $6205145.28    | 0.04%             | 2027-04-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                      | Sotheby's                                                                        | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |   11121000 | PA      | $10954185.00   | 0.07%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAN7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    5933000 | PA      | $5919639.48    | 0.04%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    8714693 | PA      | $8614844.40    | 0.05%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDI                       | Kronos Acquisition Holdings Inc                                                  | CUSIP: 50106GAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5928000 | PA      | $3956940.00    | 0.02%             | 2032-06-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| MIWD HLDCO II/MIWD FIN                         | MIWD Holdco II LLC / MIWD Finance Corp                                           | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7014000 | PA      | $6454812.36    | 0.04%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    4865000 | PA      | $4833036.95    | 0.03%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| ARCOSA INC                                     | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    6483000 | PA      | $6173253.93    | 0.04%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033YAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    7483000 | PA      | $6940482.50    | 0.04%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                           | Noble Finance II LLC                                                             | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   21851000 | PA      | $21770151.30   | 0.14%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                            | Station Casinos LLC                                                              | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    7588000 | PA      | $6946744.19    | 0.04%             | 2031-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   23243000 | PA      | $23255318.79   | 0.15%             | 2033-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BG5<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    9984000 | PA      | $9847618.56    | 0.06%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ARDONAGH GROUP FINANCE                         | Ardonagh Group Finance Ltd                                                       | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |   23253000 | PA      | $24008722.50   | 0.15%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   39923000 | PA      | $37453407.14   | 0.23%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   23943000 | PA      | $22003904.32   | 0.14%             | 2027-02-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    6810000 | PA      | $6575055.00    | 0.04%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ROGERS COMMUNICATIONS IN                       | Rogers Communications Inc                                                        | CUSIP: 775109BS9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   10537000 | PA      | $10299917.50   | 0.06%             | 2082-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   14516000 | PA      | $14330921.00   | 0.09%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   14960000 | PA      | $14978700.00   | 0.09%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                 | Gray Media Inc                                                                   | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   12605000 | PA      | $9122868.75    | 0.06%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   17815000 | PA      | $18155800.95   | 0.11%             | 2029-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO / FINANCE                       | Radiate Holdco LLC / Radiate Finance Inc                                         | CUSIP: 75026JAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16003000 | PA      | $10540511.98   | 0.07%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    9706000 | PA      | $7939054.73    | 0.05%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6382000 | PA      | $5783687.50    | 0.04%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                               | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |   13508000 | PA      | $13719428.57   | 0.09%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                           | Edison International                                                             | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    7399000 | PA      | $7296486.12    | 0.05%             | 2053-06-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    9429000 | PA      | $8642290.44    | 0.05%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| TELENET FINANCE LUX NOTE                       | Telenet Finance Luxembourg Notes Sarl                                            | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |   12000000 | PA      | $11801202.00   | 0.07%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                          | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAC2<br>LEI: 5299005YSRP46BE8Z459 | Long             | DBT              | CORP              | US        |   13683000 | PA      | $13375132.50   | 0.08%             | 2029-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   10975000 | PA      | $10551029.17   | 0.07%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CHURCHILL DOWNS INC                            | Churchill Downs Inc                                                              | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    9934000 | PA      | $10110113.93   | 0.06%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    7296000 | PA      | $7059325.06    | 0.04%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                       | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10349000 | PA      | $10374924.25   | 0.07%             | 2032-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20298000 | PA      | $19027751.16   | 0.12%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| MAGNERA CORP                                   | Magnera Corp                                                                     | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |   12700000 | PA      | $11620500.00   | 0.07%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   15702000 | PA      | $14940972.74   | 0.09%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   10099000 | PA      | $9990398.38    | 0.06%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CHOBANI LLC/FINANCE CORP                       | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6317000 | PA      | $6624953.75    | 0.04%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                                   | CUSIP: 11102AAF8<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    6845000 | PA      | $6662854.55    | 0.04%             | 2081-11-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    6043000 | PA      | $4079025.00    | 0.03%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    8691000 | PA      | $9383685.74    | 0.06%             | 2029-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   26591000 | PA      | $21121231.30   | 0.13%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                       | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |   15401000 | PA      | $14058032.80   | 0.09%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    7064000 | PA      | $6145680.00    | 0.04%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   22358000 | PA      | $22050577.50   | 0.14%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| STENA INTERNATIONAL SA                         | Stena International SA                                                           | CUSIP: 85858EAD5<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |   12158000 | PA      | $12156939.82   | 0.08%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   16668000 | PA      | $16609353.64   | 0.10%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   10529000 | PA      | $10778405.69   | 0.07%             | 2030-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    9746000 | PA      | $9627586.10    | 0.06%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   16719000 | PA      | $14775416.25   | 0.09%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| CENTRAL GARDEN & PET CO                        | Central Garden & Pet Co                                                          | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    6801000 | PA      | $6294267.01    | 0.04%             | 2030-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ALLIED UNIVERSAL                               | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15351000 | PA      | $15473623.79   | 0.10%             | 2027-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   12210000 | PA      | $11229841.03   | 0.07%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                            | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   38236000 | PA      | $37364219.20   | 0.23%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TEVA PHARM FIN IV                              | Teva Pharmaceutical Finance Netherlands IV BV                                    | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    2725000 | PA      | $2747070.05    | 0.02%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    5234000 | PA      | $5358026.43    | 0.03%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| BREAD FINANCIAL HLDGS                          | Bread Financial Holdings Inc                                                     | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   14302000 | PA      | $15213752.50   | 0.10%             | 2029-03-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    6474000 | PA      | $5313017.58    | 0.03%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    7179000 | PA      | $6429368.82    | 0.04%             | 2031-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                                                | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   12570000 | PA      | $12684138.11   | 0.08%             | 2027-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| STANDARD BUILDING SOLUTI                       | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   15381000 | PA      | $15613270.02   | 0.10%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8872000 | PA      | $8914624.64    | 0.06%             | 2032-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18102000 | PA      | $16336772.61   | 0.10%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   20090000 | PA      | $16398462.50   | 0.10%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FWD GROUP HOLDINGS LTD                         | FWD Group Holdings Ltd                                                           | CUSIP: 30332TAB8<br>LEI: 254900HEGGDS8WU5QZ97 | Long             | DBT              | CORP              | KY        |   11881000 | PA      | $12302189.77   | 0.08%             | 2029-04-05      | Fixed         | 8.40%                 | No            |                  2 | On Loan: —       |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   10771000 | PA      | $11070218.38   | 0.07%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    5833000 | PA      | $5739519.76    | 0.04%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    7285000 | PA      | $7162611.27    | 0.04%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    7043000 | PA      | $6583092.10    | 0.04%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BU6<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   16252000 | PA      | $17775625.00   | 0.11%             | 2030-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| JETBLUE AIRWAYS/LOYALTY                        | JetBlue Airways Corp / JetBlue Loyalty LP                                        | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   30283000 | PA      | $29980170.00   | 0.19%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: —       |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   18260000 | PA      | $18562203.00   | 0.12%             | 2029-07-15      | Fixed         | 12.63%                | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11412000 | PA      | $10345218.79   | 0.06%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    6625000 | PA      | $6627451.25    | 0.04%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                     | CUSIP: 683879AF7<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    7272000 | PA      | $7035660.00    | 0.04%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   14924000 | PA      | $14878332.56   | 0.09%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   28777000 | PA      | $28309373.75   | 0.18%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   14379000 | PA      | $13120837.50   | 0.08%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                             | Murphy Oil USA Inc                                                               | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    7180000 | PA      | $6493205.72    | 0.04%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| VISTAJET MALTA/VM HOLDS                        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    6850000 | PA      | $6691486.21    | 0.04%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |   21709000 | PA      | $20190672.54   | 0.13%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| B&G FOODS INC                                  | B&G Foods Inc                                                                    | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |   12456000 | PA      | $11726306.34   | 0.07%             | 2028-09-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   17395000 | PA      | $15358111.60   | 0.10%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| TRANSOCEAN TITAN FIN LTD                       | Transocean Titan Financing Ltd                                                   | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    6731429 | PA      | $6823985.67    | 0.04%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298CB7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    9393000 | PA      | $8552809.30    | 0.05%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    6830000 | PA      | $6167873.85    | 0.04%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BRAND INDUSTRIAL SERVICE                       | Brand Industrial Services Inc                                                    | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |   19664000 | PA      | $17623368.40   | 0.11%             | 2030-08-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| ODEON FINCO PLC                                | Odeon Finco PLC                                                                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |    5320000 | PA      | $5506200.00    | 0.03%             | 2027-11-01      | Fixed         | 12.75%                | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    9052000 | PA      | $8876391.20    | 0.06%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   13424000 | PA      | $12019038.79   | 0.08%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Darling Ingredients Inc                        | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    6811000 | PA      | $6755660.63    | 0.04%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   27302000 | PA      | $27893088.30   | 0.17%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    8019000 | PA      | $7998509.05    | 0.05%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                       | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14670000 | PA      | $14651662.50   | 0.09%             | 2032-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| MAGNERA CORP                                   | Magnera Corp                                                                     | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    7463000 | PA      | $6296906.25    | 0.04%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NORTHERN OIL & GAS INC                         | Northern Oil & Gas Inc                                                           | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    6952000 | PA      | $7011646.07    | 0.04%             | 2031-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13227000 | PA      | $12597593.21   | 0.08%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| H&E EQUIPMENT SERVICES                         | H&E Equipment Services Inc                                                       | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |   15679000 | PA      | $15821544.06   | 0.10%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    7041000 | PA      | $6750096.86    | 0.04%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAE9<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   12195000 | PA      | $11693380.63   | 0.07%             | 2028-07-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                                   | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    6781000 | PA      | $6543665.00    | 0.04%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                       | Diversified Healthcare Trust                                                     | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              |  | US        |    7047000 | PA      | $6473247.35    | 0.04%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   15174000 | PA      | $15018959.66   | 0.09%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    9324000 | PA      | $8845407.47    | 0.06%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR                              | Seagate Data Storage Technology Pte Ltd                                          | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    1200000 | PA      | $1201776.00    | 0.01%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   18166000 | PA      | $18405609.54   | 0.12%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   18943000 | PA      | $14620841.99   | 0.09%             | 2030-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| HERC HOLDINGS ESCROW INC                       | Herc Holdings Escrow Inc                                                         | CUSIP: 42703NAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7055000 | PA      | $7257831.25    | 0.05%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7835000 | PA      | $7722798.88    | 0.05%             | 2028-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AR2<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    5370000 | PA      | $5210494.89    | 0.03%             | 2027-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9635824.00    | 0.06%             | 2030-04-14      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   14593000 | PA      | $13631905.02   | 0.09%             | 2029-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| DIRECTV FINANCING LLC                          | Directv Financing LLC                                                            | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11707000 | PA      | $11543102.00   | 0.07%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   16425000 | PA      | $16416459.00   | 0.10%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                             | Baytex Energy Corp                                                               | CUSIP: 07317QAJ4<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |   11916000 | PA      | $11558797.64   | 0.07%             | 2030-04-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5057000 | PA      | $5000108.75    | 0.03%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8884000 | PA      | $8377612.00    | 0.05%             | 2029-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| LCM INVESTMENTS HOLDINGS                       | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |   13060000 | PA      | $13843600.00   | 0.09%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| VITAL ENERGY INC                               | Vital Energy Inc                                                                 | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |   15584000 | PA      | $12623040.00   | 0.08%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| GLOBAL ATLANTIC FIN CO                         | Global Atlantic Fin Co                                                           | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    8101000 | PA      | $8313623.71    | 0.05%             | 2054-10-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    6784000 | PA      | $6245899.90    | 0.04%             | 2030-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| NEXSTAR MEDIA INC                              | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   16320000 | PA      | $15689604.10   | 0.10%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7314000 | PA      | $6984870.00    | 0.04%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8917000 | PA      | $9048592.63    | 0.06%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| ENCINO ACQUISITION PARTN                       | Encino Acquisition Partners Holdings LLC                                         | CUSIP: 29254BAB3<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |    6653000 | PA      | $7251770.00    | 0.05%             | 2031-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAL2<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    7247000 | PA      | $7814721.28    | 0.05%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   19715000 | PA      | $18999670.80   | 0.12%             | 2028-08-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| NEXSTAR MEDIA INC                              | Nexstar Media Inc                                                                | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   24916000 | PA      | $24799315.88   | 0.16%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                       | Altice France Holding SA                                                         | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   14377000 | PA      | $5229633.75    | 0.03%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAN4<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   10941000 | PA      | $10662183.93   | 0.07%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   35613000 | PA      | $35680575.67   | 0.22%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    9917000 | PA      | $10019244.27   | 0.06%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    6219000 | PA      | $6071235.32    | 0.04%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    7035000 | PA      | $6426529.48    | 0.04%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   16915000 | PA      | $14654430.35   | 0.09%             | 2028-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   17083000 | PA      | $17416118.50   | 0.11%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    7169000 | PA      | $7364366.72    | 0.05%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| HERC HOLDINGS ESCROW INC                       | Herc Holdings Escrow Inc                                                         | CUSIP: 42703NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4075000 | PA      | $4196741.44    | 0.03%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 550241AC7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    6093292 | PA      | $5930968.53    | 0.04%             | 2030-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    7997000 | PA      | $7779915.84    | 0.05%             | 2030-08-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   43380000 | PA      | $40544566.07   | 0.25%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                       | Snap Inc                                                                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   23932000 | PA      | $24231150.00   | 0.15%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   21709313 | PA      | $22875754.39   | 0.14%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   20109000 | PA      | $19845513.78   | 0.12%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    5520000 | PA      | $5332875.86    | 0.03%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    7216000 | PA      | $7256017.77    | 0.05%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP                                      | Sunoco LP                                                                        | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   11609000 | PA      | $12038351.90   | 0.08%             | 2032-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   10235000 | PA      | $9982400.20    | 0.06%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   32666000 | PA      | $33229488.50   | 0.21%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    6429000 | PA      | $6395984.51    | 0.04%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                              | Imola Merger Corp                                                                | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   30020000 | PA      | $28760594.96   | 0.18%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |   14610000 | PA      | $14813079.00   | 0.09%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| MOTION BONDCO DAC                              | Motion Bondco DAC                                                                | CUSIP: 61978XAA5<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |    6072000 | PA      | $5709653.40    | 0.04%             | 2027-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| RAVEN ACQUISITION HOLDIN                       | Raven Acquisition Holdings LLC                                                   | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19261000 | PA      | $19217470.14   | 0.12%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   11139000 | PA      | $10116300.56   | 0.06%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ANYWHERE REAL EST/CO-ISS                       | Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10092200 | PA      | $9200790.29    | 0.06%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    8712000 | PA      | $8123940.00    | 0.05%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   12254000 | PA      | $11991274.24   | 0.08%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   12934000 | PA      | $8471770.00    | 0.05%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                               | DT Midstream Inc                                                                 | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15866000 | PA      | $14817257.40   | 0.09%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    6064000 | PA      | $6162729.80    | 0.04%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   21099000 | PA      | $21589129.77   | 0.14%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| Allison Transmission Inc                       | Allison Transmission Inc                                                         | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    7117000 | PA      | $7137031.51    | 0.04%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| PREMIER ENTERTAINMENT SU                       | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10338000 | PA      | $6131941.28    | 0.04%             | 2031-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11997000 | PA      | $11434220.73   | 0.07%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                 | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    8720000 | PA      | $8724883.20    | 0.05%             | 2027-05-13      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    7990000 | PA      | $7867717.05    | 0.05%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |   13242000 | PA      | $12471448.02   | 0.08%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                        | Howard Midstream Energy Partners LLC                                             | CUSIP: 442722AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8314000 | PA      | $8688130.00    | 0.05%             | 2028-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                | Madison IAQ LLC                                                                  | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   10005000 | PA      | $9620073.63    | 0.06%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   12513000 | PA      | $12526908.20   | 0.08%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAH0<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    6353000 | PA      | $6337117.50    | 0.04%             | 2026-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18436000 | PA      | $18251640.00   | 0.11%             | 2027-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   44923000 | PA      | $40992237.50   | 0.26%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7644000 | PA      | $6940667.92    | 0.04%             | 2031-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| CNTRL PARENT/CDK GLB INC                       | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11506000 | PA      | $10139662.50   | 0.06%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |   40842000 | PA      | $41250420.00   | 0.26%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                       | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |   11338000 | PA      | $10044901.10   | 0.06%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| ORGANON & CO/ORGANON FOR                       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7127000 | PA      | $6628110.00    | 0.04%             | 2034-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| AMERICAN AIRLINES INC                          | American Airlines Inc                                                            | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   16532000 | PA      | $17127647.96   | 0.11%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    7066000 | PA      | $6609889.70    | 0.04%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   15039000 | PA      | $13337788.32   | 0.08%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| AMWINS GROUP INC                               | AmWINS Group Inc                                                                 | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   11693000 | PA      | $11197596.82   | 0.07%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9010000 | PA      | $9523788.04    | 0.06%             | 2028-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| ROCKET SOFTWARE INC                            | Rocket Software Inc                                                              | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    8129000 | PA      | $7876960.36    | 0.05%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                           | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |   16602000 | PA      | $16429671.24   | 0.10%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   11026000 | PA      | $11544681.78   | 0.07%             | 2033-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9542000 | PA      | $9749157.77    | 0.06%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   13294000 | PA      | $12731913.73   | 0.08%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    6139000 | PA      | $5121959.85    | 0.03%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   11963000 | PA      | $11508032.75   | 0.07%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Whirlpool Corp                                 | Whirlpool Corp                                                                   | CUSIP: 963320AW6<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $1032346.17    | 0.01%             | 2029-02-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    6125400 | PA      | $6279606.33    | 0.04%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   10946000 | PA      | $10817110.85   | 0.07%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TALEN ENERGY SUPPLY LLC                        | Talen Energy Supply LLC                                                          | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   18739000 | PA      | $19966779.28   | 0.13%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| ALUMINA PTY LTD                                | Alumina Pty Ltd                                                                  | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |    7152000 | PA      | $7153549.84    | 0.04%             | 2030-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |   10174000 | PA      | $10370926.93   | 0.07%             | 2033-09-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                                   | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4030000 | PA      | $4125712.50    | 0.03%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                     | CUSIP: 683879AB6<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    6634000 | PA      | $6434980.00    | 0.04%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA                       | Jones Deslauriers Insurance Management Inc                                       | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |   10380000 | PA      | $10880835.00   | 0.07%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| JEFFERIES FIN LLC / JFIN                       | Jefferies Finance LLC / JFIN Co-Issuer Corp                                      | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14179000 | PA      | $13424535.41   | 0.08%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                       | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10582000 | PA      | $9824222.98    | 0.06%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| MERLIN ENTERTAINMENTS GR                       | Merlin Entertainments Group US Holdings Inc                                      | CUSIP: 59010UAA5<br>LEI: 549300HBQPPKS1187K54 | Long             | DBT              | CORP              | US        |    6795000 | PA      | $6193710.45    | 0.04%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| GEO GROUP INC/THE                              | GEO Group Inc/The                                                                | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |   10631000 | PA      | $11197100.75   | 0.07%             | 2029-04-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO / FINANCE                       | Radiate Holdco LLC / Radiate Finance Inc                                         | CUSIP: 75026JAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15195000 | PA      | $13066748.79   | 0.08%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    6434000 | PA      | $6420604.41    | 0.04%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   34432000 | PA      | $36713120.00   | 0.23%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: —       |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAC0<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    3280000 | PA      | $3448100.00    | 0.02%             | 2031-01-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18983000 | PA      | $19232210.72   | 0.12%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                          | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   18962000 | PA      | $19827712.01   | 0.12%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   12181000 | PA      | $11460859.28   | 0.07%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| TK ELEVATOR US NEWCO INC                       | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   24986000 | PA      | $24733111.70   | 0.16%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    5806000 | PA      | $5791485.00    | 0.04%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |   12432000 | PA      | $12261060.00   | 0.08%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TK ELEVATOR HOLDCO GMBH                        | TK Elevator Holdco GmbH                                                          | CUSIP: 92537VAA8<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |    5800000 | PA      | $5807250.00    | 0.04%             | 2028-07-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   10492000 | PA      | $9845756.80    | 0.06%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAF2<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   11096000 | PA      | $11269402.74   | 0.07%             | 2028-09-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9960000 | PA      | $7021800.00    | 0.04%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   20474000 | PA      | $20748984.25   | 0.13%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    5331000 | PA      | $5370982.50    | 0.03%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                                             | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   12418000 | PA      | $12995902.68   | 0.08%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| ORGANON & CO/ORGANON FOR                       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   30028000 | PA      | $28192088.08   | 0.18%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   14866000 | PA      | $14968426.74   | 0.09%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   13017000 | PA      | $13395939.19   | 0.08%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    7519000 | PA      | $8349867.55    | 0.05%             | 2031-09-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9056000 | PA      | $8999218.88    | 0.06%             | 2033-11-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                        | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20121000 | PA      | $21001897.38   | 0.13%             | 2031-04-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    8752000 | PA      | $8564074.43    | 0.05%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168QAD7<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    6592000 | PA      | $5323040.00    | 0.03%             | 2029-11-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    7882000 | PA      | $7761799.50    | 0.05%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    3460000 | PA      | $3508786.00    | 0.02%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US                       | Sealed Air Corp/Sealed Air Corp US                                               | CUSIP: 812127AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5739000 | PA      | $5997255.00    | 0.04%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    7757000 | PA      | $6477095.00    | 0.04%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15504000 | PA      | $14869905.00   | 0.09%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    9184000 | PA      | $9483303.80    | 0.06%             | 2030-09-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   13434000 | PA      | $14206557.10   | 0.09%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   18188000 | PA      | $15988388.75   | 0.10%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   21298000 | PA      | $21587695.40   | 0.14%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    9955000 | PA      | $10213830.00   | 0.06%             | 2030-07-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   40540000 | PA      | $41198775.00   | 0.26%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   11614000 | PA      | $11178475.00   | 0.07%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| GLOBAL AIR LEASE CO LTD                        | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   16810000 | PA      | $16999112.50   | 0.11%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAC3<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    8896000 | PA      | $8700259.53    | 0.05%             | 2027-07-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   16019000 | PA      | $16390480.61   | 0.10%             | 2032-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5904000 | PA      | $5480210.88    | 0.03%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   17354000 | PA      | $17908633.84   | 0.11%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                          | SS&C Technologies Inc                                                            | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   11075000 | PA      | $11363500.43   | 0.07%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ADT SEC CORP                                   | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   14153000 | PA      | $13498989.87   | 0.08%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5950000 | PA      | $5830591.24    | 0.04%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   27623000 | PA      | $23444797.50   | 0.15%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                              | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AG2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    5809000 | PA      | $5408718.66    | 0.03%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   22281000 | PA      | $22162910.70   | 0.14%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ADIENT GLOBAL HOLDINGS                         | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAB1<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    6788000 | PA      | $6942834.28    | 0.04%             | 2028-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| TEREX CORP                                     | Terex Corp                                                                       | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |   12279000 | PA      | $12054171.51   | 0.08%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   11755000 | PA      | $11964239.00   | 0.08%             | 2031-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| PBF HOLDING CO LLC                             | PBF HOLDING CO LLC                                                               | CUSIP: 69318FAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12632000 | PA      | $12031699.57   | 0.08%             | 2030-03-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: —       |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   15687000 | PA      | $14732446.05   | 0.09%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   12749000 | PA      | $12664984.09   | 0.08%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   12444000 | PA      | $13097310.00   | 0.08%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| MPH ACQUISITION HOLDINGS                       | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AE2<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |   10197012 | PA      | $7482505.20    | 0.05%             | 2031-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    9214000 | PA      | $8641810.60    | 0.05%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| XEROX ISSUER CORPORATION                       | Xerox Issuer Corp                                                                | CUSIP: 98423RAA1<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    5895000 | PA      | $5890578.75    | 0.04%             | 2031-04-15      | Fixed         | 13.50%                | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    7251000 | PA      | $7268466.93    | 0.05%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   11665000 | PA      | $11372841.91   | 0.07%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   23576000 | PA      | $23576000.00   | 0.15%             | 2027-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| AMENTUM HOLDINGS INC                           | Amentum Holdings Inc                                                             | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |   14922000 | PA      | $15228647.10   | 0.10%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Clover Holdings SPV III LLC                    | Clover Holdings SPV III LLC 2024 USD Term Loan                                   | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |     713529 | PA      | $707285.65     | 0.00%             | 2027-12-09      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                        | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |   10193000 | PA      | $9285559.00    | 0.06%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    7107000 | PA      | $6957468.72    | 0.04%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| FERTITTA ENTERTAINMENT                         | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15093000 | PA      | $14149687.50   | 0.09%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NABORS INDUSTRIES INC                          | Nabors Industries Inc                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   10556000 | PA      | $9599490.23    | 0.06%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15127000 | PA      | $10437630.00   | 0.07%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAK3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   12282000 | PA      | $13172445.00   | 0.08%             | 2028-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |   10914000 | PA      | $10572061.11   | 0.07%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   12468000 | PA      | $13004510.51   | 0.08%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   23546000 | PA      | $22179691.55   | 0.14%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6984000 | PA      | $6352045.08    | 0.04%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   17117000 | PA      | $16368131.25   | 0.10%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    5552000 | PA      | $5498246.09    | 0.03%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ALLY FINANCIAL INC                             | Ally Financial Inc                                                               | CUSIP: 000000000<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    7340000 | PA      | $7046115.21    | 0.04%             | 2040-01-17      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   11513000 | PA      | $10338695.87   | 0.06%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    9914000 | PA      | $9297039.88    | 0.06%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                          | Mineral Resources Ltd                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   10146000 | PA      | $10158885.42   | 0.06%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| OI EUROPEAN GROUP BV                           | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    5792000 | PA      | $5443802.34    | 0.03%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6850000 | PA      | $7229275.60    | 0.05%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                                                | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   11126000 | PA      | $10945202.50   | 0.07%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| SIX FLAGS/CANADA WON                           | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5963000 | PA      | $5947103.24    | 0.04%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   12574000 | PA      | $13238535.90   | 0.08%             | 2029-01-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| TALOS PRODUCTION INC                           | Talos Production Inc                                                             | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    9885000 | PA      | $9813037.20    | 0.06%             | 2029-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8258000 | PA      | $8200090.78    | 0.05%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    6644000 | PA      | $6653562.04    | 0.04%             | 2032-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   42107000 | PA      | $38725807.90   | 0.24%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   11694000 | PA      | $12000967.50   | 0.08%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |   11721000 | PA      | $12039221.63   | 0.08%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| WINDSTREAM SERVICES/ESCR                       | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   35183000 | PA      | $36653649.40   | 0.23%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| BRANDYWINE OPER PARTNERS                       | Brandywine Operating Partnership LP                                              | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    5839000 | PA      | $6219400.92    | 0.04%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                          | Intelsat Jackson Holdings SA                                                     | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |   43267000 | PA      | $42717509.10   | 0.27%             | 2030-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| MURPHY OIL USA INC                             | Murphy Oil USA Inc                                                               | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    7275000 | PA      | $7039908.38    | 0.04%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AL6<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    8532876 | PA      | $8768553.18    | 0.05%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              |  | US        |    2540000 | PA      | $2583205.40    | 0.02%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAM0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    8155000 | PA      | $7824043.19    | 0.05%             | 2029-12-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    7849000 | PA      | $7925417.86    | 0.05%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    9871000 | PA      | $8970271.25    | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Emera Inc                                      | Emera Inc                                                                        | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |   18718000 | PA      | $18835590.22   | 0.12%             | 2076-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| MPH ACQUISITION HOLDINGS                       | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |   11865754 | PA      | $9546746.64    | 0.06%             | 2030-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   13058000 | PA      | $12979652.00   | 0.08%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15054000 | PA      | $15184223.12   | 0.10%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   21280000 | PA      | $21948511.20   | 0.14%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    6909000 | PA      | $5650387.47    | 0.04%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6857000 | PA      | $7193874.81    | 0.05%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBJ5<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   11142606 | PA      | $9318004.27    | 0.06%             | 2029-05-01      | Fixed         | 9.13%                 | No            |                  2 | On Loan: —       |
| BELL CANADA                                    | Bell Telephone Co of Canada or Bell Canada                                       | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |   17518000 | PA      | $17599082.06   | 0.11%             | 2055-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| LIGHT & WONDER INTL INC                        | Light & Wonder International Inc                                                 | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    8121000 | PA      | $8388476.50    | 0.05%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   11172000 | PA      | $11523673.33   | 0.07%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    9144000 | PA      | $8397826.74    | 0.05%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AETHON UN/AETHIN UN FIN                        | Aethon United BR LP / Aethon United Finance Corp                                 | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14868000 | PA      | $15247413.52   | 0.10%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              |  | US        |    7349000 | PA      | $7621280.45    | 0.05%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                          | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   22258000 | PA      | $22590979.68   | 0.14%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| LIGHT & WONDER INTL INC                        | Light & Wonder International Inc                                                 | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    8469000 | PA      | $8469000.00    | 0.05%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                       | HLF Financing Sarl LLC / Herbalife International Inc                             | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9212000 | PA      | $7553287.28    | 0.05%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5407000 | PA      | $5326913.14    | 0.03%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| BLUE RACER MID LLC/FINAN                       | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7095000 | PA      | $7309032.74    | 0.05%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    1910000 | PA      | $1914775.00    | 0.01%             | 2030-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                | Hillenbrand Inc                                                                  | CUSIP: 431571AF5<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    7378000 | PA      | $7403011.42    | 0.05%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    9243000 | PA      | $8507366.27    | 0.05%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| ROCKET SOFTWARE INC                            | Rocket Software Inc                                                              | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   11900000 | PA      | $12279134.00   | 0.08%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   27956000 | PA      | $28786195.35   | 0.18%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                           | Reworld Holding Corp                                                             | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    6940000 | PA      | $6471550.00    | 0.04%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   17960000 | PA      | $18501673.60   | 0.12%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| RADIOLOGY PARTNERS INC                         | Radiology Partners Inc                                                           | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   10153856 | PA      | $9766105.62    | 0.06%             | 2030-02-15      | Fixed         | 9.78%                 | No            |                  2 | On Loan: —       |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AL8<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |    7660000 | PA      | $7486884.00    | 0.05%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| DARLING INGREDIENTS INC                        | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |   14658000 | PA      | $14684384.40   | 0.09%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18029000 | PA      | $18007365.20   | 0.11%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CLARIOS GLOBAL LP/US FIN                       | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   27362000 | PA      | $27481845.56   | 0.17%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                                             | CUSIP: 53219LAY5<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   10585000 | PA      | $11148651.25   | 0.07%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| HUB INTERNATIONAL LTD                          | HUB International Ltd                                                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    6945000 | PA      | $6868605.00    | 0.04%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| WAYFAIR LLC                                    | Wayfair LLC                                                                      | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   10733000 | PA      | $10518340.00   | 0.07%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   22218000 | PA      | $20366545.18   | 0.13%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| MATADOR RESOURCES CO                           | Matador Resources Co                                                             | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   11232000 | PA      | $10786136.77   | 0.07%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   15015000 | PA      | $15990975.00   | 0.10%             | 2031-11-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   12155000 | PA      | $12416304.54   | 0.08%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    5699000 | PA      | $5411665.54    | 0.03%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   21249000 | PA      | $20273316.04   | 0.13%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| XPO INC                                        | XPO Inc                                                                          | CUSIP: 98379KAB8<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    6064000 | PA      | $6264953.68    | 0.04%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| TKC HOLDINGS INC                               | TKC Holdings Inc                                                                 | CUSIP: 87256YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9603000 | PA      | $9859064.00    | 0.06%             | 2029-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12713000 | PA      | $12900729.06   | 0.08%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6880000 | PA      | $6683006.34    | 0.04%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   11155000 | PA      | $9914935.46    | 0.06%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| HUB INTERNATIONAL LTD                          | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   48317000 | PA      | $50291396.90   | 0.32%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   13438000 | PA      | $13270159.38   | 0.08%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   22997000 | PA      | $22727905.20   | 0.14%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBN0<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    7367000 | PA      | $7857707.77    | 0.05%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    8446000 | PA      | $8221340.62    | 0.05%             | 2081-06-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                            | Kinetik Holdings LP                                                              | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   16247000 | PA      | $16571940.00   | 0.10%             | 2028-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   35473000 | PA      | $35451811.98   | 0.22%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                             | Baytex Energy Corp                                                               | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    8281000 | PA      | $7477743.00    | 0.05%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| VOC Escrow Ltd                                 | VOC Escrow Ltd                                                                   | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    9940000 | PA      | $9805874.61    | 0.06%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16673000 | PA      | $17011461.90   | 0.11%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| Bombardier Inc                                 | Bombardier Inc                                                                   | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    9239000 | PA      | $9273495.65    | 0.06%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11032000 | PA      | $10277411.20   | 0.06%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| ENDO FINANCE HOLDINGS                          | Endo Finance Holdings Inc                                                        | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15182000 | PA      | $15704881.74   | 0.10%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAG3<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   11895000 | PA      | $11235541.20   | 0.07%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    9475000 | PA      | $8901562.58    | 0.06%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |   18266000 | PA      | $12019028.00   | 0.08%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| BOYD GAMING CORP                               | Boyd Gaming Corp                                                                 | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   15198000 | PA      | $14210130.00   | 0.09%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                       | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   15355000 | PA      | $15282198.87   | 0.10%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   14009000 | PA      | $13816376.25   | 0.09%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CK5<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   13116000 | PA      | $13159154.26   | 0.08%             | 2029-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| BURFORD CAPITAL GLBL FIN                       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    6140000 | PA      | $6109497.71    | 0.04%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    7768000 | PA      | $7748580.00    | 0.05%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN                       | Encino Acquisition Partners Holdings LLC                                         | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |   11528000 | PA      | $11830610.00   | 0.07%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    7432713 | PA      | $7302640.52    | 0.05%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                         | Comstock Resources Inc                                                           | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   18544000 | PA      | $18271403.20   | 0.11%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   10018000 | PA      | $10009130.06   | 0.06%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                        | NEW FORTRESS ENERGY INC                                                          | CUSIP: 000000000<br>LEI: 254900EICTYTCHA5X705 | Long             | STIV             | CORP              | US        |     404350 | NS      | $1006831.50    | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6779000 | PA      | $6563258.33    | 0.04%             | 2029-08-01      | Fixed         | 6.00%                 | 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        |   14375000 | PA      | $14237539.06   | 0.09%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    9640000 | PA      | $9656264.61    | 0.06%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   15967000 | PA      | $12376420.88   | 0.08%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA                        | Atlantica Sustainable Infrastructure Ltd                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    4991000 | PA      | $4765884.94    | 0.03%             | 2028-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   15244000 | PA      | $15447652.22   | 0.10%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   15860000 | PA      | $15674438.00   | 0.10%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                      | SUNOCO LP                                                                        | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   15456000 | PA      | $15457854.72   | 0.10%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   22886000 | PA      | $20605410.10   | 0.13%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    9051000 | PA      | $8980764.24    | 0.06%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   11185000 | PA      | $11171812.89   | 0.07%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    6757000 | PA      | $6259234.11    | 0.04%             | 2029-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   10921000 | PA      | $10572340.52   | 0.07%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   11922000 | PA      | $11236485.00   | 0.07%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   17860000 | PA      | $17128811.60   | 0.11%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| FERTITTA ENTERTAINMENT                         | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19467000 | PA      | $17660219.06   | 0.11%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |   13490000 | PA      | $11567675.00   | 0.07%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   25958774 | PA      | $30112177.84   | 0.19%             | 2031-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| APTIV SWISS HOLDINGS LTD                       | Aptiv Swiss Holdings Ltd                                                         | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    6885000 | PA      | $6747300.00    | 0.04%             | 2054-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC                             | Crown Americas LLC                                                               | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    2960000 | PA      | $2937800.00    | 0.02%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    7587000 | PA      | $7476609.15    | 0.05%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC                                 | NCR Atleos Corp                                                                  | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |   20012000 | PA      | $21817082.40   | 0.14%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    2148000 | PA      | $2059395.00    | 0.01%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: —       |
| MERCER INTL INC                                | Mercer International Inc                                                         | CUSIP: 588056BC4<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    5602000 | PA      | $5568631.13    | 0.03%             | 2028-10-01      | Fixed         | 12.88%                | No            |                  2 | On Loan: —       |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   10241000 | PA      | $10474839.92   | 0.07%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   20872000 | PA      | $21028540.00   | 0.13%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   17775000 | PA      | $16430888.27   | 0.10%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    8684000 | PA      | $8634085.24    | 0.05%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   11307000 | PA      | $10950264.15   | 0.07%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| IHO VERWALTUNGS GMBH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAF5<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    7617000 | PA      | $7683172.69    | 0.05%             | 2030-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                       | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   15430000 | PA      | $15810928.13   | 0.10%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   27404000 | PA      | $27404000.00   | 0.17%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   17959000 | PA      | $18143259.34   | 0.11%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    8111000 | PA      | $8205209.27    | 0.05%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9903000 | PA      | $9616723.09    | 0.06%             | 2027-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                       | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |   14530000 | PA      | $13984462.43   | 0.09%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    7310000 | PA      | $6385320.09    | 0.04%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   19084000 | PA      | $16913576.68   | 0.11%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    7318000 | PA      | $7244362.63    | 0.05%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AM4<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    7413000 | PA      | $6718031.25    | 0.04%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   10833000 | PA      | $10909134.32   | 0.07%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| RANGE RESOURCES CORP                           | Range Resources Corp                                                             | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    7002000 | PA      | $6730742.52    | 0.04%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AVIENT CORP                                    | Avient Corp                                                                      | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    9855000 | PA      | $9869371.55    | 0.06%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| ATHENAHEALTH GROUP INC                         | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   35071000 | PA      | $33808117.84   | 0.21%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |    9538000 | PA      | $9337234.64    | 0.06%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    7873000 | PA      | $8007392.11    | 0.05%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    5008000 | PA      | $4989198.97    | 0.03%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   34385000 | PA      | $28992658.34   | 0.18%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    5510000 | PA      | $4289920.70    | 0.03%             | 2028-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                       | Boost Newco Borrower LLC                                                         | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |   33574000 | PA      | $35507691.17   | 0.22%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   15508000 | PA      | $14062344.24   | 0.09%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| WAYFAIR LLC                                    | Wayfair LLC                                                                      | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   11677000 | PA      | $11396211.35   | 0.07%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| PRIMO / TRITON WATER HLD                       | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10270000 | PA      | $10263152.99   | 0.06%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   19254000 | PA      | $18911038.13   | 0.12%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH AMERICAS                         | Bausch Health Americas Inc                                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    8901000 | PA      | $8376125.83    | 0.05%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                              | GEO Group Inc/The                                                                | CUSIP: 36162JAH9<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    9226000 | PA      | $10113725.72   | 0.06%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   14590000 | PA      | $14343093.43   | 0.09%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    5303000 | PA      | $5278075.90    | 0.03%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| TRONOX INC                                     | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |   16789000 | PA      | $14119742.07   | 0.09%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ARETEC GROUP INC                               | Aretec Group Inc                                                                 | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    5710000 | PA      | $5683534.15    | 0.04%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| WEATHERFORD INTERNATIONA                       | Weatherford International Ltd                                                    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   25654000 | PA      | $26058307.04   | 0.16%             | 2030-04-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   15040000 | PA      | $15621941.22   | 0.10%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    7390000 | PA      | $7494981.60    | 0.05%             | 2032-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                           | CITGO Petroleum Corp                                                             | CUSIP: 17302XAM8<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    9643000 | PA      | $9609249.50    | 0.06%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    7396000 | PA      | $7769941.76    | 0.05%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| COINBASE GLOBAL INC                            | Coinbase Global Inc                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   13896000 | PA      | $12955828.60   | 0.08%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| OLIN CORP                                      | Olin Corp                                                                        | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    9612000 | PA      | $9203490.00    | 0.06%             | 2033-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    5825000 | PA      | $5188487.69    | 0.03%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                               | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |   12593000 | PA      | $12655965.00   | 0.08%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   10064000 | PA      | $9648860.00    | 0.06%             | 2028-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE HOLDING SA                       | Altice France Holding SA                                                         | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   20915000 | PA      | $7477112.50    | 0.05%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    7630000 | PA      | $7642336.95    | 0.05%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| ARCOSA INC                                     | Arcosa Inc                                                                       | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    9259000 | PA      | $9488352.84    | 0.06%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                               | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    6988000 | PA      | $7147850.50    | 0.04%             | 2031-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |   10849000 | PA      | $9994320.12    | 0.06%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    2910000 | PA      | $2932482.66    | 0.02%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   11807000 | PA      | $5195080.00    | 0.03%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8070000 | PA      | $8077777.87    | 0.05%             | 2030-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682695AA9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   13833000 | PA      | $14514506.26   | 0.09%             | 2029-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |   13111000 | PA      | $8456964.73    | 0.05%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   12243000 | PA      | $12166481.25   | 0.08%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   34310000 | PA      | $34824650.00   | 0.22%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6747000 | PA      | $6978210.92    | 0.04%             | 2030-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96950GAE2<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    7231000 | PA      | $7044242.07    | 0.04%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   26143000 | PA      | $24835850.00   | 0.16%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    6767000 | PA      | $6545944.44    | 0.04%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                                | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |   10814000 | PA      | $10638272.50   | 0.07%             | 2029-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   10059000 | PA      | $10571379.31   | 0.07%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| VMED O2 UK FINANCING I                         | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   10438000 | PA      | $10764187.50   | 0.07%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAV1<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    6139000 | PA      | $6422029.39    | 0.04%             | 2031-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   15700000 | PA      | $14345875.00   | 0.09%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd                         | MGM China Holdings Ltd                                                           | CUSIP: 55300RAB7<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    9578000 | PA      | $9566027.50    | 0.06%             | 2026-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   11707000 | PA      | $11033847.50   | 0.07%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   14463000 | PA      | $14277150.45   | 0.09%             | 2029-05-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   11426000 | PA      | $11826045.97   | 0.07%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   11205000 | PA      | $10249773.75   | 0.06%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4435000 | PA      | $4470480.00    | 0.03%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20434000 | PA      | $19455503.61   | 0.12%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7119000 | PA      | $6727170.24    | 0.04%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20085000 | PA      | $19800194.70   | 0.12%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   23610818 | PA      | $26784997.34   | 0.17%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    6070000 | PA      | $3235093.30    | 0.02%             | 2031-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   10286000 | PA      | $10502108.86   | 0.07%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAB4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   13942000 | PA      | $12621183.72   | 0.08%             | 2031-04-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298CF8<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    6519000 | PA      | $5490627.75    | 0.03%             | 2030-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   58963000 | PA      | $58830922.88   | 0.37%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| LIBERTY MUTUAL GROUP INC                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    6905000 | PA      | $6643605.01    | 0.04%             | 2051-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BZ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   10555000 | PA      | $11915228.13   | 0.07%             | 2030-12-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| PARAMOUNT GLOBAL                               | Paramount Global                                                                 | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    9837000 | PA      | $9295965.00    | 0.06%             | 2057-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                       | Jefferies Finance LLC / JFIN Co-Issuer Corp                                      | CUSIP: 47232MAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7471000 | PA      | $7422659.64    | 0.05%             | 2031-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC                                | Global Atlantic Fin Co                                                           | CUSIP: 37959GAC1<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    9374000 | PA      | $9081062.50    | 0.06%             | 2051-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    7186000 | PA      | $7279921.02    | 0.05%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| OPEN TEXT INC                                  | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14192000 | PA      | $13265262.40   | 0.08%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7722000 | PA      | $7840379.80    | 0.05%             | 2028-12-31      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     890000 | PA      | $895073.00     | 0.01%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ENCORE CAPITAL GROUP INC                       | Encore Capital Group Inc                                                         | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    7051000 | PA      | $7518128.75    | 0.05%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| HARVEST MIDSTREAM I LP                         | Harvest Midstream I LP                                                           | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    7142000 | PA      | $7341931.72    | 0.05%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   12651000 | PA      | $12006255.70   | 0.08%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    6385000 | PA      | $6437475.12    | 0.04%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AS7<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    5865000 | PA      | $5586177.90    | 0.04%             | 2030-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   13088000 | PA      | $11785744.00   | 0.07%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CVS HEALTH CORP                                | CVS Health Corp                                                                  | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   10826000 | PA      | $10548204.84   | 0.07%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15929000 | PA      | $16710038.69   | 0.10%             | 2031-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9937000 | PA      | $9839716.77    | 0.06%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   10556000 | PA      | $10460383.75   | 0.07%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    7239000 | PA      | $7455082.70    | 0.05%             | 2030-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAX2<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   15620000 | PA      | $16078186.15   | 0.10%             | 2030-11-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: —       |
| PIKE CORP                                      | Pike Corp                                                                        | CUSIP: 721283AB5<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |    5777000 | PA      | $6202131.16    | 0.04%             | 2031-01-31      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| METHANEX US OPERATIONS                         | Methanex US Operations Inc                                                       | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9533000 | PA      | $9223177.50    | 0.06%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    9421000 | PA      | $9720116.75    | 0.06%             | 2027-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9114000 | PA      | $9429238.68    | 0.06%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAM1<br>LEI: N/A                  | Long             | DBT              |  | US        |    7380985 | PA      | $5905654.11    | 0.04%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW CAN INFRA HOLD                       | South Bow Canadian Infrastructure Holdings Ltd                                   | CUSIP: 836720AF9<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    6011000 | PA      | $6063950.90    | 0.04%             | 2055-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   12518000 | PA      | $13406778.00   | 0.08%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                                   | CUSIP: 12662PAF5<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |   10601000 | PA      | $10300037.61   | 0.06%             | 2029-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AH5<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |   15968000 | PA      | $16678887.38   | 0.10%             | 2030-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   11853000 | PA      | $11540462.47   | 0.07%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CNT PRNT/CDK GLO II/FIN                        | Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc                    | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11848000 | PA      | $10603960.00   | 0.07%             | 2029-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                         | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6389000 | PA      | $6403607.17    | 0.04%             | 2028-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                       | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5089000 | PA      | $4956544.53    | 0.03%             | 2028-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| AG ISSUER LLC                                  | AG Issuer LLC                                                                    | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7890000 | PA      | $7880959.64    | 0.05%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| RYAN SPECIALTY                                 | Ryan Specialty LLC                                                               | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   17031000 | PA      | $16924556.25   | 0.11%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7365000 | PA      | $7358191.06    | 0.05%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12083000 | PA      | $11252172.92   | 0.07%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                         | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14560000 | PA      | $12719618.91   | 0.08%             | 2029-04-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CHART INDUSTRIES INC                           | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   19961000 | PA      | $20793174.09   | 0.13%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9600123 | PA      | $9696124.23    | 0.06%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   20604000 | PA      | $20166165.00   | 0.13%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| STAPLES INC                                    | Staples Inc                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   35666000 | PA      | $32487581.61   | 0.20%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                  | EchoStar Corp                                                                    | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   34697016 | PA      | $29839433.76   | 0.19%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| SUNRISE FINCO I BV                             | Sunrise FinCo I BV                                                               | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |   18960000 | PA      | $17538000.00   | 0.11%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAD3<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   11038000 | PA      | $10885708.71   | 0.07%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                     | Terex Corp                                                                       | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    9461000 | PA      | $9120807.98    | 0.06%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer