# EDGAR Filing Document

**Accession Number:** 0002040315
**File Stem:** 0000940400-26-022142
**Filing Date:** 2026-5
**Character Count:** 486173
**Document Hash:** a1eb34753e740c7aa39e4129f023f857
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022142.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000940400-26-022142

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capital Group KKR Core Plus (plus)
- **CENTRAL INDEX KEY:** 0002040315

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24016
- **FILM NUMBER:** 261043408

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 213-486-9200

**MAIL ADDRESS:**
- **STREET 1:** 333 SOUTH HOPE STREET
- **STREET 2:** 55TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Nport-Ex

![](img786e16641.jpg)

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

**Capital Group KKR Core Plus+**

Investment portfolio

March 31, 2026

**unaudited**

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

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 95.77%<br> **Loans 33.25%**<br> **Industrials 12.49%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Conservice Midco, LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.20% 2/25/2033 <sup>(a)(b)(c)</sup>  | USD440 | $439 |
| CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 6.614%) 10.282% 6/4/2029 <sup>(a)(c)</sup>  | 50 | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dispatch Acquisition Holdings, LLC, Revolver, (3-month USD CME Term SOFR + 2.775%) 8.45% <br>11/19/2032 <sup>(a)(b)(c)(d)</sup>  | 154 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dispatch Acquisition Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.422% <br>11/19/2032 <sup>(a)(b)(c)(d)</sup>  | 846 | 842 |
| Elk Bidco, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.20% 6/14/2032 <sup>(a)(b)(c)</sup>  | 2398 | 2393 |
| Falconwing Aero Leasing DAC, Delayed Draw Term Loan, 6.51% 10/26/2027 <sup>(a)(b)</sup>  | 365 | 225 |
| Falconwing Aero Leasing DAC, Delayed Draw Term Loan, 6.50% 12/11/2027 <sup>(a)(b)</sup>  | 365 | 224 |
| Fortna AR, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) 8.421% 6/1/2029 <sup>(a)(b)(c)(d)</sup>  | 3421 | 3238 |
| Horizon CTS Buyer, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) 8.45% 3/29/2032 <sup>(a)(b)(c)</sup>  | 720 | 126 |
| Horizon CTS Buyer, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.45% 3/29/2032 <sup>(a)(b)(c)</sup>  | 3028 | 3020 |
| Jeppesen Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.417% 10/31/2032 <sup>(a)(b)(c)</sup>  | 1177 | 1159 |
| Low Voltage Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.45% 4/28/2032 <sup>(a)(b)(c)(d)</sup>  | 2583 | 2609 |
| NFO Orange Buyer, LLC, Revolver, (3-month USD CME Term SOFR + 4.50%) 6.75% 1/13/2033 <sup>(a)(b)(c)</sup>  | 105 | 21 |
| NFO Orange Buyer, LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.245% 1/13/2033 <sup>(a)(b)(c)</sup>  | 737 | 735 |
| Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.85%) 7.517% 2/1/2028 <sup>(a)(c)</sup>  | 416 | 355 |
| Pike Group, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.177% 12/20/2032 <sup>(a)(b)(c)</sup>  | 734 | 721 |
| Railpros, Inc., Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.50%) 7.915% 5/24/2032 <sup>(a)(b)(c)(d)</sup>  | 44 | 13 |
| Railpros, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 7.915% 5/24/2032 <sup>(a)(b)(c)(d)</sup>  | 142 | 142 |
| Saber Parent Holdings Corp., Revolver, (3-month USD CME Term SOFR + 4.50%) 10.25% 12/16/2032 <sup>(a)(b)(c)</sup>  | 98 | 28 |
| Saber Parent Holdings Corp., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.424% 12/16/2032 <sup>(a)(b)(c)</sup>  | 711 | 705 |
| Setna Aero Lease 3 Borrower, LLC, Delayed Draw Term Loan, 5.86% 12/2/2031 <sup>(a)(b)</sup>  | 474 | 469 |
| Sunrun Charis Portfolio 2023, LLC, Term Loan, 6.925% 7/30/2053 <sup>(a)(b)</sup>  | 651 | 666 |
| Sunrun Romulus Portfolio 2024, LLC, Term Loan, 6.477% 1/31/2054 <sup>(a)(b)</sup>  | 769 | 772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truck-Lite Co., LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.421% <br>2/13/2032 <sup>(a)(b)(c)(d)</sup>  | 280 | 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truck-Lite Co., LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.437% <br>2/13/2032 <sup>(a)(b)(c)(d)</sup>  | 29 | 29 |
| Truck-Lite Co., LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.419% 2/13/2032 <sup>(a)(b)(c)(d)</sup>  | 3886 | 3847 |
| Truck-Lite Co., LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.419% 2/13/2032 <sup>(a)(b)(c)(d)</sup>  | 143 | 142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; W. A. Kendall and Co., LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 5.75%) 9.711% <br> 4/22/2030 <sup>(a)(b)(c)</sup>  | 1093 | 209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; W. A. Kendall and Co., LLC, Delayed Draw Term Loan, (6-month USD CME Term SOFR + 5.75%) 9.799% <br> 4/22/2030 <sup>(a)(b)(c)</sup>  | 44 | 44 |
| W. A. Kendall and Co., LLC, Revolver, (6-month USD CME Term SOFR + 5.88%) 9.99% 4/22/2030 <sup>(a)(b)(c)</sup>  | 150 | 109 |
| W. A. Kendall and Co., LLC, Term Loan, (6-month USD CME Term SOFR + 5.75%) 9.806% 4/22/2030 <sup>(a)(b)(c)</sup>  | 724 | 719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Star Aviation Acquisition., LLC, Revolver, (3-month USD CME Term SOFR + 4.50%) 8.168% <br>5/20/2032 <sup>(a)(b)(c)</sup>  | 518 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Star Aviation Acquisition., LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.173% <br>5/20/2032 <sup>(a)(b)(c)</sup>  | 3686 | 3708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Woolpert Holdings, Inc., Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.276% <br>4/5/2032 <sup>(a)(b)(c)(d)</sup>  | 92 | 31 |

---

Capital Group KKR Core Plus+ — Page 1 of 26

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Loans (continued)**<br> **Industrials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Woolpert Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.268% 4/5/2032 <sup>(a)(b)(c)(d)</sup>  | USD359 | $360 |
| Woolpert, Inc., Revolver, (3-month USD CME Term SOFR + 4.50%) 8.275% 4/5/2031 <sup>(a)(b)(c)(d)</sup>  | 46 | 13 |
|  |  | 28391 |
| **Financials 9.66%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ares Secondaries Pbn Finance Co. IV, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 2.90%) <br> 6.556% 4/14/2039 <sup>(a)(b)(c)</sup>  | 923 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ares Secondaries Pbn Finance Co. IV, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.75%) <br> 8.406% 4/14/2039 <sup>(a)(b)(c)</sup>  | 462 | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ares Secondaries Pbn Finance Co. IV, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 8.50%) <br> 12.156% 4/14/2039 <sup>(a)(b)(c)</sup>  | 462 | 63 |
| ASF Nia, LP, Term Loan, (3-month USD CME Term SOFR + 2.35%) 6.05% 3/26/2031 <sup>(a)(b)(c)</sup>  | 1115 | 1116 |
| ASF Rembrandt, LP, Term Loan, (3-month USD CME Term SOFR + 2.50%) 6.172% 12/21/2028 <sup>(a)(b)(c)</sup>  | 633 | 633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Astra Service Partners, LLC, Delayed Draw Term Loan, (3-month USD CME TERM SOFR + 4.50%) 8.211% <br> 11/26/2032 <sup>(a)(b)(c)</sup>  | 248 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Astra Service Partners, LLC, Term Loan, 2.75% Cash, (3-month USD CME Term SOFR + 4.50%) 8.20% <br>11/26/2032 <sup>(a)(b)(c)(e)</sup>  | 752 | 745 |
| Bhg Funding 09 Trust, Term Loan, 4.76% 3/17/2036 <sup>(a)(b)</sup>  | 73 | 73 |
| Bhg Funding 09 Trust, Term Loan B, 5.63% 3/17/2036 <sup>(a)(b)</sup>  | 31 | 31 |
| Bhg Funding 09 Trust, Term Loan C, 5.99% 3/17/2036 <sup>(a)(b)</sup>  | 7 | 7 |
| Bhg Funding 09 Trust, Term Loan D, 6.34% 3/17/2036 <sup>(a)(b)</sup>  | 21 | 21 |
| Bhg Funding 09 Trust, Term Loan E, 6.83% 3/17/2036 <sup>(a)(b)</sup>  | 36 | 36 |
| Bhg Funding 09 Trust, Term Loan F, 8.39% 3/17/2036 <sup>(a)(b)</sup>  | 20 | 20 |
| Com Laude Group, Ltd., Term Loan, (3-month USD CME Term SOFR + 5.00%) 8.686% 12/30/2032 <sup>(a)(b)(c)</sup>  | 393 | 390 |
| CRC Insurance Group, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.45% 5/6/2032 <sup>(a)(c)</sup>  | 110 | 109 |
| Denali Topco, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.417% 8/26/2032 <sup>(a)(b)(c)</sup>  | 68 | 67 |
| FSS Buyer, LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.168% 8/29/2031 <sup>(a)(b)(c)(d)</sup>  | 2465 | 2465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hbwm Intermediate II, LLC, Delayed Draw Term Loan, (1-month USD CME Term SOFR + 4.75%) 8.418% <br> 11/17/2031 <sup>(a)(b)(c)</sup>  | 1796 | 1805 |
| Hbwm Intermediate II, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) 9.028% 8/18/2031 <sup>(a)(b)(c)</sup>  | 363 | 238 |
| Hbwm Intermediate II, LLC, Term Loan, (1-month USD CME Term SOFR + 4.75%) 8.418% 11/17/2031 <sup>(a)(b)(c)</sup>  | 1497 | 1504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Higginbotham Insurance Agency, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.168% <br>6/11/2031 <sup>(a)(b)(c)(d)</sup>  | 850 | 846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Integrity Marketing Acquisition, LLC, Term Loan, (3-month USD CME Term SOFR + 5.00%) 8.673% <br>8/25/2028 <sup>(a)(b)(c)(d)</sup>  | 3176 | 3176 |
| Jamestown Funding Trust, Term Loan, (1-month USD CME Term SOFR + 2.20%) 5.83% 6/15/2072 <sup>(a)(b)(c)(d)</sup>  | 430 | 430 |
| Jamestown Funding Trust, Term Loan, (1-month USD CME Term SOFR + 3.15%) 6.78% 6/15/2072 <sup>(a)(b)(c)(d)</sup>  | 344 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KKR Maguire Levered Borrower, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 2.75%) 6.418% <br>11/22/2032 <sup>(a)(b)(c)</sup>  | 570 | 457 |
| Koala Investment Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.25%) 7.95% 8/29/2032 <sup>(a)(b)(c)(d)</sup>  | 277 | 275 |
| Oak Funding, LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.168% 12/2/2032 <sup>(a)(b)(c)(d)</sup>  | 911 | 907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PPV Intermediate Holdings, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 6.00%) 9.673% <br> 8/31/2029 <sup>(a)(b)(c)</sup>  | 40 | 39 |
| PPV Intermediate Holdings, LLC, Revolver, (3-month USD CME Term SOFR + 5.75%) 9.414% 8/31/2029 <sup>(a)(b)(c)</sup>  | 226 | 83 |
| PPV Intermediate Holdings, LLC, Term Loan B, (3-month USD CME Term SOFR + 5.75%) 9.423% 8/31/2029 <sup>(a)(b)(c)</sup>  | 2634 | 2564 |
| Rialto Management Group, LLC, Term Loan, (1-month USD CME Term SOFR + 5.00%) 8.418% 12/5/2030 <sup>(a)(b)(c)</sup>  | 1765 | 1782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stepstone Boulder II, LP, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 2.70%) 6.401% <br>4/30/2041 <sup>(a)(b)(c)</sup>  | 369 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; VIB Trade Receivable Designated Activity Co., Revolver, (1-month USD CME Term SOFR + 4.75%) 8.418% <br> 4/23/2029 <sup>(a)(b)(c)</sup>  | 2000 | 1361 |
|  |  | 21972 |

---

Capital Group KKR Core Plus+ — Page 2 of 26

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Loans (continued)**<br> **Information technology 6.19%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Bonterra, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.396% 3/5/2032 <sup>(a)(b)(c)(d)</sup>  | USD708 | $702 |
| Bonterra, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) 8.428% 3/5/2032 <sup>(a)(b)(c)(d)</sup>  | 708 | 190 |
| Bonterra, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.422% 3/5/2032 <sup>(a)(b)(c)(d)</sup>  | 4003 | 3971 |
| Diamondback Acquisition, Inc., Revolver, (3-month USD CME Term SOFR + 4.50%) 8.451% 9/24/2032 <sup>(a)(b)(c)</sup>  | 102 | 22 |
| Diamondback Acquisition, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.173% 9/24/2032 <sup>(a)(b)(c)</sup>  | 744 | 722 |
| Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 4.00%) 7.671% 9/15/2032 <sup>(a)(c)</sup>  | 160 | 151 |
| Flexera Software, LLC, Term Loan, (3-month EUR-EURIBOR + 4.75%) 6.448% 8/16/2032 <sup>(a)(b)(c)</sup>  | EUR106 | 120 |
| Flexera Software, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.153% 8/16/2032 <sup>(a)(b)(c)</sup>  | USD351 | 345 |
| Med-Metrix, LLC, Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.176% 7/21/2032 <sup>(a)(b)(c)(d)</sup>  | 522 | 3 |
| MEDX Holdings, LLC, Term Loan, (1-month USD CME Term SOFR + 4.50%) 8.168% 7/21/2032 <sup>(a)(b)(c)(d)</sup>  | 3725 | 3729 |
| Navex Global Holding Co., Term Loan, (3-month USD CME Term SOFR + 5.00%) 8.678% 10/14/2032 <sup>(a)(b)(c)(d)</sup>  | 92 | 91 |
| Pros Parent, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.419% 12/9/2032 <sup>(a)(b)(c)</sup>  | 896 | 894 |
| Safety Borrower Holdings, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) 10.50% 12/20/2032 <sup>(a)(b)(c)(d)</sup>  | 55 | 3 |
| Safety Borrower Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.418% 12/20/2032 <sup>(a)(b)(c)(d)</sup>  | 605 | 602 |
| Vamos Bidco, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.45% 1/30/2032 <sup>(a)(b)(c)</sup>  | 1431 | 1415 |
| Viasat, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.614%) 8.282% 3/2/2029 <sup>(a)(c)</sup>  | 222 | 223 |
| Viasat, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.614%) 8.289% 5/30/2030 <sup>(a)(c)</sup>  | 89 | 89 |
| Webpros Holding SARL, Term Loan, (3-month USD CME Term SOFR + 5.00%) 8.671% 12/4/2032 <sup>(a)(b)(c)(d)</sup>  | 816 | 801 |
|  |  | 14073 |
| **Materials 1.78%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consolidated Energy Finance SA, Term Loan B, (3-month USD CME Term SOFR + 4.75%) 8.414% <br>11/15/2030 <sup>(a)(c)</sup>  | 45 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Packaging Coordinators Midco, Inc., Term Loan, (3-month USD CME Term SOFR + 5.00%) 8.667% <br>10/15/2032 <sup>(a)(b)(c)(d)</sup>  | 4015 | 4007 |
|  |  | 4050 |
| **Consumer staples 1.54%** |  |  |
| TPSI Receivables, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) 8.414% 1/24/2029 <sup>(a)(b)(c)(d)</sup>  | 3535 | 3461 |
| TreeHouse Foods, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.25%) 7.923% 2/11/2033 <sup>(a)(c)</sup>  | 35 | 35 |
|  |  | 3496 |
| **Consumer discretionary 0.48%** |  |  |
| ClubCorp Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.418% 7/9/2032 <sup>(a)(b)(c)(d)</sup>  | 424 | 422 |
| HP TLE Buyer, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.45% 7/1/2032 <sup>(a)(b)(c)</sup>  | 662 | 666 |
|  |  | 1088 |
| **Health care 0.43%** |  |  |
| AGS Health BCP Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.173% 8/2/2032 <sup>(a)(b)(c)</sup>  | 224 | 221 |
| AGS Health BCP, LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.173% 8/2/2032 <sup>(a)(b)(c)</sup>  | 117 | 116 |
| Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 7.418% 4/23/2031 <sup>(a)(c)</sup>  | 79 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premise Health Holdings Corp., Delayed Draw Term Loan, (3-month USD CME Term SOFR + 4.50%) 8.45% <br> 11/8/2032 <sup>(a)(b)(c)</sup>  | 193 | 115 |
| Premise Health Holdings Corp., Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.45% 11/8/2032 <sup>(a)(b)(c)</sup>  | 455 | 452 |
|  |  | 982 |
| **Communication services 0.36%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medmark Media Communications, Inc., Term Loan, (3-month USD CME Term SOFR + 5.25%) 8.95% <br>2/16/2030 <sup>(a)(b)(c)(d)</sup>  | 824 | 825 |

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Capital Group KKR Core Plus+ — Page 3 of 26

------

**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Loans (continued)**<br> **Energy 0.32%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| John Wood Group PLC, Revolver, (3-month USD CME Term SOFR + 5.50%) 9.169% 10/31/2028 <sup>(a)(b)(c)(d)</sup>  | USD1,500 | $719 |
| **Total loans** |  | 75596 |
| **Corporate bonds and notes 28.38%**<br> **Financials 7.60%**<br>|  |  |
| ACF TD Holdings, LLC 6.46% 5/30/2031 <sup>(b)</sup>  | 2667 | 2727 |
| Alliant Holdings Intermediate, LLC 4.25% 10/15/2027 <sup>(f)</sup>  | 110 | 108 |
| Alliant Holdings Intermediate, LLC 5.875% 11/1/2029 <sup>(f)</sup>  | 120 | 116 |
| Alliant Holdings Intermediate, LLC 6.50% 10/1/2031 <sup>(f)</sup>  | 65 | 64 |
| American Express Co. 5.442% 1/30/2036 (USD-SOFR + 1.32% on 1/30/2035) <sup>(g)</sup>  | 125 | 127 |
| American International Group, Inc. 5.125% 3/27/2033  | 50 | 51 |
| AmWINS Group, Inc. 4.875% 6/30/2029 <sup>(f)</sup>  | 70 | 67 |
| Apollo Debt Solutions BDC 5.70% 1/23/2031 <sup>(f)</sup>  | 170 | 166 |
| Ardonagh Finco, Ltd. 7.75% 2/15/2031 <sup>(f)</sup>  | 200 | 202 |
| Aretec Group, Inc. 7.50% 4/1/2029 <sup>(f)</sup>  | 90 | 89 |
| Aretec Group, Inc. 10.00% 8/15/2030 <sup>(f)</sup>  | 46 | 49 |
| Bank of America Corp. 2.884% 10/22/2030 (3-month USD CME Term SOFR + 1.19% on 10/22/2029) <sup>(g)</sup>  | 150 | 142 |
| Bank of America Corp. 1.898% 7/23/2031 (USD-SOFR + 1.53% on 7/23/2030) <sup>(g)</sup>  | 240 | 214 |
| Bank of America Corp. 4.456% 2/6/2032 (USD-SOFR + 0.87% on 2/6/2031) <sup>(g)</sup>  | 160 | 158 |
| Bank of America Corp. 2.651% 3/11/2032 (USD-SOFR + 1.22% on 3/11/2031) <sup>(g)</sup>  | 125 | 113 |
| Bank of America Corp. 2.299% 7/21/2032 (USD-SOFR + 1.22% on 7/21/2031) <sup>(g)</sup>  | 250 | 221 |
| Bank of America Corp. 2.572% 10/20/2032 (USD-SOFR + 1.21% on 10/20/2031) <sup>(g)</sup>  | 50 | 45 |
| Bank of America Corp. 2.972% 2/4/2033 (USD-SOFR + 1.33% on 2/4/2032) <sup>(g)</sup>  | 11 | 10 |
| Bank of America Corp. 4.571% 4/27/2033 (USD-SOFR + 1.83% on 4/27/2032) <sup>(g)</sup>  | 2 | 2 |
| Bank of America Corp. 5.045% 2/6/2037 (USD-SOFR + 1.13% on 2/6/2036) <sup>(g)</sup>  | 225 | 222 |
| Blackstone Private Credit Fund 5.95% 7/16/2029  | 216 | 213 |
| Blackstone Private Credit Fund 5.35% 3/12/2031  | 49 | 47 |
| Block, Inc. 2.75% 6/1/2026  | 70 | 70 |
| Block, Inc. 5.625% 8/15/2030 <sup>(f)</sup>  | 55 | 55 |
| Block, Inc. 3.50% 6/1/2031  | 30 | 27 |
| Block, Inc. 6.50% 5/15/2032  | 210 | 212 |
| Block, Inc. 6.00% 8/15/2033 <sup>(f)</sup>  | 70 | 69 |
| Blue Owl Credit Income Corp. 4.70% 2/8/2027  | 105 | 104 |
| BPCE SA 5.417% 1/13/2037 (USD-SOFR + 1.568% on 1/13/2036) <sup>(f)(g)</sup>  | 250 | 244 |
| Brown & Brown, Inc. 4.90% 6/23/2030  | 275 | 275 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 318 | 318 |
| Brown & Brown, Inc. 6.25% 6/23/2055  | 61 | 61 |
| Chubb INA Holdings, LLC 5.00% 3/15/2034  | 100 | 101 |
| Cipher Compute, LLC 7.125% 11/15/2030 <sup>(f)</sup>  | 30 | 31 |
| Citibank, NA 4.914% 5/29/2030  | 250 | 254 |
| Citigroup, Inc. 4.542% 9/19/2030 (USD-SOFR + 1.338% on 9/19/2029) <sup>(g)</sup>  | 200 | 199 |
| Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) <sup>(g)</sup>  | 200 | 201 |
| Coinbase Global, Inc. 3.375% 10/1/2028 <sup>(f)</sup>  | 175 | 164 |
| Coinbase Global, Inc. 3.625% 10/1/2031 <sup>(f)</sup>  | 90 | 76 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(f)</sup>  | 394 | 367 |
| Deutsche Bank AG 4.725% 2/6/2032 (USD-SOFR + 1.135% on 2/6/2031) <sup>(g)</sup>  | 150 | 148 |
| Goldman Sachs Group, Inc. 2.615% 4/22/2032 (USD-SOFR + 1.281% on 4/22/2031) <sup>(g)</sup>  | 176 | 158 |
| Goldman Sachs Group, Inc. 4.939% 10/21/2036 (USD-SOFR + 1.33% on 10/21/2035) <sup>(g)</sup>  | 150 | 145 |
| Goldman Sachs Group, Inc. (The) 4.148% 1/21/2029 (USD-SOFR + 0.71% on 1/21/2028) <sup>(g)</sup>  | 285 | 283 |
| Goldman Sachs Group, Inc. (The) 4.516% 1/21/2032 (USD-SOFR + 0.96% on 1/21/2031 <sup>(g)</sup>  | 51 | 50 |
| Goldman Sachs Group, Inc. (The) 5.065% 1/21/2037 (USD-SOFR + 1.19% on 1/21/2036) <sup>(g)</sup>  | 225 | 220 |
| Goldman Sachs Group, Inc. (The) 5.541% 1/21/2047 (USD-SOFR + 1.32% on 1/21/2046) <sup>(g)</sup>  | 225 | 215 |
| Goldman Sachs Private Credit Corp. 5.05% 2/23/2028 <sup>(f)</sup>  | 52 | 51 |
| Hightower Holding, LLC 6.75% 4/15/2029 <sup>(f)</sup>  | 110 | 108 |

---

Capital Group KKR Core Plus+ — Page 4 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Financials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| HSBC Holdings PLC 4.398% 3/10/2030 (USD-SOFR + 0.99% on 3/10/2029) <sup>(g)</sup>  | USD230 | $228 |
| HSBC Holdings PLC 4.675% 3/10/2032 (USD-SOFR + 1.21% on 3/10/2031) <sup>(g)</sup>  | 225 | 222 |
| HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) <sup>(g)</sup>  | 400 | 401 |
| HUB International, Ltd. 7.25% 6/15/2030 <sup>(f)</sup>  | 215 | 220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA 8.248% 11/21/2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 4.40% on <br> 11/21/2032) <sup>(f)(g)</sup>  | 225 | 259 |
| ION Platform Finance US, Inc. 4.625% 5/1/2028 <sup>(f)</sup>  | 25 | 23 |
| ION Platform Finance US, Inc. 5.00% 5/1/2028 <sup>(f)</sup>  | 39 | 36 |
| ION Platform Finance US, Inc. 8.75% 5/1/2029 <sup>(f)</sup>  | 371 | 345 |
| ION Platform Finance US, Inc. 9.50% 5/30/2029 <sup>(f)</sup>  | 210 | 198 |
| ION Platform Finance US, Inc. 9.00% 8/1/2029 <sup>(f)</sup>  | 5 | 5 |
| ION Platform Finance US, Inc. 7.875% 9/30/2032 <sup>(f)</sup>  | 200 | 155 |
| JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031) <sup>(g)</sup>  | 103 | 91 |
| JPMorgan Chase & Co. 2.545% 11/8/2032 (USD-SOFR + 1.18% on 11/8/2031) <sup>(g)</sup>  | 210 | 187 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(g)</sup>  | 225 | 232 |
| JPMorgan Chase & Co. 4.81% 10/22/2036 (USD-SOFR + 1.19% on 10/22/2035) <sup>(g)</sup>  | 100 | 97 |
| JPMorgan Chase & Co. 4.898% 1/22/2037 (USD-SOFR + 1.07% on 1/22/2036) <sup>(g)</sup>  | 309 | 302 |
| Marsh & McLennan Cos., Inc. 5.00% 3/15/2035  | 300 | 299 |
| Morgan Stanley 4.133% 10/18/2029 (USD-SOFR + 0.913% on 10/18/2028) <sup>(g)</sup>  | 110 | 109 |
| Morgan Stanley 4.238% 1/9/2030 (USD-SOFR + 0.80% on 1/9/2029) <sup>(g)</sup>  | 175 | 173 |
| Morgan Stanley 4.123% 2/8/2030 (USD-SOFR + 0.762% on 2/8/2029) <sup>(g)</sup>  | 285 | 282 |
| Morgan Stanley 5.192% 4/17/2031 (USD-SOFR + 1.51% on 4/17/2030) <sup>(g)</sup>  | 150 | 152 |
| Morgan Stanley 4.356% 10/22/2031 (USD-SOFR + 1.074% on 10/22/2030) <sup>(g)</sup>  | 40 | 39 |
| Morgan Stanley 1.794% 2/13/2032 (USD-SOFR + 1.034% on 2/13/2031) <sup>(g)</sup>  | 80 | 69 |
| Morgan Stanley 4.892% 10/22/2036 (USD-SOFR + 1.314% on 10/22/2035) <sup>(g)</sup>  | 99 | 96 |
| Morgan Stanley 5.073% 1/30/2037 (USD-SOFR + 1.184% on 1/30/2036) <sup>(g)</sup>  | 376 | 369 |
| Navient Corp. 5.00% 3/15/2027  | 100 | 98 |
| Navient Corp. 5.50% 3/15/2029  | 135 | 124 |
| Navient Corp. 9.375% 7/25/2030  | 180 | 176 |
| Navient Corp. 11.50% 3/15/2031  | 70 | 71 |
| Navient Corp. 7.875% 6/15/2032  | 255 | 228 |
| Navient Corp. 5.625% 8/1/2033  | 110 | 86 |
| OneMain Finance Corp. 6.125% 5/15/2030  | 330 | 323 |
| OneMain Finance Corp. 7.50% 5/15/2031  | 30 | 30 |
| OneMain Finance Corp. 7.125% 11/15/2031  | 60 | 60 |
| Osaic Holdings, Inc. 6.75% 8/1/2032 <sup>(f)</sup>  | 150 | 150 |
| Osaic Holdings, Inc. 8.00% 8/1/2033 <sup>(f)</sup>  | 82 | 81 |
| Oxford Finance, LLC 6.375% 2/1/2027 <sup>(f)</sup>  | 60 | 60 |
| PNC Bank, NA 5.373% 7/21/2036 (USD-SOFR + 1.417% on 7/21/2035) <sup>(g)</sup>  | 100 | 100 |
| PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) <sup>(g)</sup>  | 225 | 230 |
| Progressive Corp. 4.60% 3/26/2031  | 27 | 27 |
| Progressive Corp. 5.15% 3/26/2036  | 145 | 145 |
| Ryan Specialty, LLC 4.375% 2/1/2030 <sup>(f)</sup>  | 30 | 29 |
| Ryan Specialty, LLC 5.875% 8/1/2032 <sup>(f)</sup>  | 20 | 20 |
| Takeoff Merger Sub, Inc. 4.40% 3/24/2028 <sup>(f)</sup>  | 100 | 100 |
| Takeoff Merger Sub, Inc. 4.50% 3/24/2029 <sup>(f)</sup>  | 75 | 75 |
| Takeoff Merger Sub, Inc. 4.85% 3/24/2031 <sup>(f)</sup>  | 90 | 89 |
| U.S. Bancorp 5.424% 2/12/2036 (USD-SOFR + 1.411% on 2/12/2035) <sup>(g)</sup>  | 110 | 112 |
| Visa, Inc. 4.10% 2/12/2031  | 225 | 225 |
| Voyager Parent, LLC 9.25% 7/1/2032 <sup>(f)</sup>  | 75 | 78 |
| Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) <sup>(g)</sup>  | 400 | 405 |

---

Capital Group KKR Core Plus+ — Page 5 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Financials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Wells Fargo & Co. 2.879% 10/30/2030 (3-month USD CME Term SOFR + 1.432% on 10/30/2029) <sup>(g)</sup>  | USD125 | $118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westpac Banking Corp. 2.668% 11/15/2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on <br> 11/15/2030) <sup>(g)</sup>  | 100 | 90 |
|  |  | 17278 |
| **Communication services 3.72%** |  |  |
| Alphabet, Inc. 4.10% 2/15/2031  | 57 | 57 |
| Alphabet, Inc. 4.40% 2/15/2033  | 32 | 32 |
| Alphabet, Inc. 4.70% 11/15/2035  | 102 | 101 |
| Alphabet, Inc. 4.80% 2/15/2036  | 50 | 50 |
| Alphabet, Inc. 5.25% 5/15/2055  | 114 | 108 |
| Alphabet, Inc. 5.45% 11/15/2055  | 166 | 161 |
| Alphabet, Inc. 5.65% 2/15/2056  | 43 | 43 |
| Alphabet, Inc. 5.30% 5/15/2065  | 49 | 45 |
| Altice France 6.50% 3/15/2032 <sup>(f)</sup>  | 292 | 277 |
| AT&T, Inc. 4.75% 4/30/2033  | 284 | 281 |
| AT&T, Inc. 5.40% 2/15/2034  | 35 | 36 |
| AT&T, Inc. 3.50% 9/15/2053  | 225 | 148 |
| CCO Holdings, LLC 5.00% 2/1/2028 <sup>(f)</sup>  | 130 | 129 |
| CCO Holdings, LLC 4.75% 3/1/2030 <sup>(f)</sup>  | 150 | 142 |
| CCO Holdings, LLC 4.50% 8/15/2030 <sup>(f)</sup>  | 50 | 47 |
| CCO Holdings, LLC 4.25% 2/1/2031 <sup>(f)</sup>  | 535 | 488 |
| CCO Holdings, LLC 7.00% 2/1/2033 <sup>(f)</sup>  | 65 | 65 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(f)</sup>  | 70 | 61 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(f)</sup>  | 70 | 60 |
| CCO Holdings, LLC 7.375% 2/1/2036 <sup>(f)</sup>  | 100 | 100 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 61 | 45 |
| Charter Communications Operating, LLC 3.70% 4/1/2051  | 180 | 111 |
| Charter Communications Operating, LLC 3.90% 6/1/2052  | 292 | 186 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 302 | 237 |
| Charter Communications Operating, LLC 6.70% 12/1/2055  | 38 | 36 |
| Charter Communications Operating, LLC 3.85% 4/1/2061  | 100 | 58 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(f)</sup>  | 600 | 631 |
| DIRECTV Financing, LLC 5.875% 8/15/2027 <sup>(f)</sup>  | 29 | 29 |
| DIRECTV Financing, LLC 8.875% 2/1/2030 <sup>(f)</sup>  | 100 | 100 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(f)</sup>  | 266 | 274 |
| EchoStar Corp. 10.75% 11/30/2029  | 230 | 249 |
| EchoStar Corp. 6.75% Cash 11/30/2030 <sup>(e)</sup>  | 135 | 136 |
| Embarq, LLC 7.995% 6/1/2036  | 100 | 32 |
| Frontier Communications Holdings, LLC 6.75% 5/1/2029 <sup>(f)</sup>  | 70 | 70 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(f)</sup>  | 28 | 30 |
| Gray Media, Inc. 5.375% 11/15/2031 <sup>(f)</sup>  | 100 | 74 |
| Lindblad Expeditions, LLC 7.00% 9/15/2030 <sup>(f)</sup>  | 25 | 25 |
| Meta Platforms, Inc. 4.60% 11/15/2032  | 231 | 229 |
| Meta Platforms, Inc. 4.875% 11/15/2035  | 276 | 271 |
| Meta Platforms, Inc. 5.50% 11/15/2045  | 69 | 65 |
| Meta Platforms, Inc. 5.40% 8/15/2054  | 105 | 95 |
| Meta Platforms, Inc. 5.625% 11/15/2055  | 149 | 140 |
| Meta Platforms, Inc. 5.75% 11/15/2065  | 71 | 66 |
| News Corp. 3.875% 5/15/2029 <sup>(f)</sup>  | 30 | 29 |
| Nexstar Media, Inc. 6.50% 9/15/2033 <sup>(f)</sup>  | 225 | 227 |
| Nexstar Media, Inc. 7.25% 4/15/2034 <sup>(f)</sup>  | 185 | 186 |
| Oak-Eagle AcquireCo, Inc. 7.25% 7/1/2033 <sup>(f)</sup>  | 30 | 31 |
| Oak-Eagle AcquireCo, Inc. 8.75% 7/1/2034 <sup>(f)</sup>  | 35 | 37 |

---

Capital Group KKR Core Plus+ — Page 6 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Communication services (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Orange 4.00% 1/13/2029 <sup>(f)</sup>  | USD200 | $198 |
| Orange 4.75% 1/13/2033 <sup>(f)</sup>  | 200 | 198 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(f)</sup>  | 90 | 87 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(f)</sup>  | 150 | 136 |
| Snap, Inc. 6.875% 3/1/2033 <sup>(f)</sup>  | 70 | 66 |
| T-Mobile USA, Inc. 5.30% 5/15/2035  | 200 | 202 |
| T-Mobile USA, Inc. 4.95% 11/15/2035  | 50 | 49 |
| Univision Communications, Inc. 8.00% 8/15/2028 <sup>(f)</sup>  | 60 | 61 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(f)</sup>  | 130 | 122 |
| Univision Communications, Inc. 9.375% 8/1/2032 <sup>(f)</sup>  | 350 | 361 |
| Verizon Communications, Inc. 2.355% 3/15/2032  | 23 | 20 |
| Verizon Communications, Inc. 4.75% 1/15/2033  | 88 | 87 |
| Verizon Communications, Inc. 5.00% 1/15/2036  | 147 | 144 |
| Verizon Communications, Inc. 5.75% 11/30/2045  | 35 | 34 |
| Verizon Communications, Inc. 5.875% 11/30/2055  | 85 | 83 |
| Verizon Communications, Inc. 6.00% 11/30/2065  | 39 | 38 |
| Versant Media Group, Inc. 7.25% 1/30/2031 <sup>(f)</sup>  | 45 | 46 |
| WarnerMedia Holdings, Inc. 4.054% 3/15/2029  | 150 | 145 |
| WarnerMedia Holdings, Inc. 5.05% 3/15/2042  | 275 | 182 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 3 | 2 |
| WMG Acquisition Corp. 3.75% 12/1/2029 <sup>(f)</sup>  | 20 | 19 |
| WMG Acquisition Corp. 3.875% 7/15/2030 <sup>(f)</sup>  | 35 | 33 |
|  |  | 8443 |
| **Health care 3.69%** |  |  |
| Abbott Laboratories 4.30% 3/15/2033  | 170 | 166 |
| Abbott Laboratories 4.65% 3/15/2036  | 230 | 225 |
| Abbott Laboratories 5.50% 3/15/2056  | 170 | 167 |
| AbbVie, Inc. 4.125% 3/15/2031  | 40 | 39 |
| AbbVie, Inc. 4.95% 3/15/2031  | 265 | 271 |
| AbbVie, Inc. 4.40% 3/15/2033  | 69 | 68 |
| AbbVie, Inc. 5.20% 3/15/2035  | 100 | 102 |
| AbbVie, Inc. 4.75% 3/15/2036  | 21 | 21 |
| AbbVie, Inc. 5.60% 3/15/2055  | 250 | 246 |
| AbbVie, Inc. 5.55% 3/15/2056  | 18 | 18 |
| Accendra Health, Inc. 4.50% 3/31/2029 <sup>(f)</sup>  | 327 | 198 |
| Accendra Health, Inc. 6.625% 4/1/2030 <sup>(f)</sup>  | 120 | 57 |
| AdaptHealth, LLC 5.125% 3/1/2030 <sup>(f)</sup>  | 10 | 10 |
| Amgen, Inc. 4.20% 2/19/2031  | 113 | 111 |
| Amgen, Inc. 5.25% 3/2/2033  | 310 | 318 |
| Amgen, Inc. 4.85% 2/19/2036  | 110 | 108 |
| Amgen, Inc. 5.50% 2/19/2046  | 155 | 149 |
| Amgen, Inc. 5.65% 3/2/2053  | 200 | 194 |
| Amgen, Inc. 5.65% 2/19/2056  | 134 | 130 |
| Amneal Pharmaceuticals, LLC 6.875% 8/1/2032 <sup>(f)</sup>  | 35 | 36 |
| AthenaHealth Group, Inc. 6.50% 2/15/2030 <sup>(f)</sup>  | 130 | 122 |
| Avantor Funding, Inc. 4.625% 7/15/2028 <sup>(f)</sup>  | 100 | 98 |
| Avantor Funding, Inc. 3.875% 11/1/2029 <sup>(f)</sup>  | 70 | 66 |
| Bayer US Finance, LLC 6.25% 1/21/2029 <sup>(f)</sup>  | 200 | 208 |
| BioMarin Pharmaceutical, Inc. 5.50% 2/15/2034 <sup>(f)</sup>  | 200 | 197 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 305 | 313 |
| Bristol-Myers Squibb Co. 5.55% 2/22/2054  | 175 | 169 |
| Centene Corp. 2.45% 7/15/2028  | 30 | 28 |
| Centene Corp. 2.50% 3/1/2031  | 35 | 29 |

---

Capital Group KKR Core Plus+ — Page 7 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Health care (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| CHS / Community Health Systems, Inc. 5.25% 5/15/2030 <sup>(f)</sup>  | USD10 | $9 |
| Cigna Group (The) 5.25% 1/15/2036  | 155 | 155 |
| Cigna Group (The) 6.00% 1/15/2056  | 105 | 105 |
| CVS Health Corp. 5.70% 6/1/2034  | 300 | 308 |
| CVS Health Corp. 6.05% 6/1/2054  | 200 | 194 |
| CVS Health Corp. 6.20% 9/15/2055  | 40 | 40 |
| DaVita, Inc. 4.625% 6/1/2030 <sup>(f)</sup>  | 100 | 96 |
| DaVita, Inc. 6.875% 9/1/2032 <sup>(f)</sup>  | 60 | 62 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(f)</sup>  | 90 | 92 |
| Elevance Health, Inc. 5.70% 9/15/2055  | 200 | 190 |
| Eli Lilly and Co. 5.10% 2/12/2035  | 125 | 128 |
| Endo Finance Holdings, LP 8.50% 4/15/2031 <sup>(f)</sup>  | 50 | 52 |
| Gilead Sciences, Inc. 5.55% 10/15/2053  | 50 | 49 |
| Humana, Inc. 5.375% 4/15/2031  | 225 | 227 |
| IQVIA, Inc. 6.25% 6/1/2032 <sup>(f)</sup>  | 110 | 112 |
| Medline Borrower, LP 3.875% 4/1/2029 <sup>(f)</sup>  | 70 | 68 |
| Medline Borrower, LP 6.25% 4/1/2029 <sup>(f)</sup>  | 70 | 71 |
| Medline Borrower, LP 5.25% 10/1/2029 <sup>(f)</sup>  | 160 | 159 |
| Molina Healthcare, Inc. 6.50% 2/15/2031 <sup>(f)</sup>  | 65 | 64 |
| Molina Healthcare, Inc. 3.875% 5/15/2032 <sup>(f)</sup>  | 120 | 104 |
| Novartis Capital Corp. 4.90% 3/18/2036  | 30 | 30 |
| Novartis Capital Corp. 5.60% 3/18/2046  | 6 | 6 |
| Novartis Capital Corp. 5.70% 3/18/2056  | 25 | 25 |
| Pfizer, Inc. 4.50% 11/15/2032  | 225 | 223 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 200 | 200 |
| Tenet Healthcare Corp. 4.25% 6/1/2029  | 275 | 267 |
| Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028  | 350 | 359 |
| Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032  | 200 | 205 |
| Teva Pharmaceutical Finance Netherlands III BV 4.10% 10/1/2046  | 40 | 30 |
| Thermo Fisher Scientific, Inc. 4.902% 2/12/2036  | 32 | 32 |
| UnitedHealth Group, Inc. 5.15% 7/15/2034  | 185 | 187 |
| UnitedHealth Group, Inc. 5.30% 6/15/2035  | 420 | 429 |
| UnitedHealth Group, Inc. 5.625% 7/15/2054  | 125 | 119 |
| UnitedHealth Group, Inc. 5.95% 6/15/2055  | 120 | 121 |
|  |  | 8382 |
| **Consumer discretionary 3.44%** |  |  |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | 180 | 165 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 80 | 69 |
| Advance Auto Parts, Inc. 7.375% 8/1/2033 <sup>(f)</sup>  | 50 | 51 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(f)</sup>  | 115 | 117 |
| Amazon.com, Inc. 4.10% 11/20/2030  | 165 | 163 |
| Amazon.com, Inc. 4.55% 3/13/2033  | 146 | 145 |
| Amazon.com, Inc. 4.35% 3/20/2033  | 170 | 167 |
| Amazon.com, Inc. 4.65% 11/20/2035  | 257 | 252 |
| Amazon.com, Inc. 4.875% 3/13/2036  | 86 | 85 |
| Amazon.com, Inc. 5.45% 11/20/2055  | 365 | 349 |
| Asbury Automotive Group, Inc. 4.625% 11/15/2029 <sup>(f)</sup>  | 110 | 106 |
| Caesars Entertainment, Inc. 7.00% 2/15/2030 <sup>(f)</sup>  | 30 | 30 |
| Carnival Corp. 5.75% 8/1/2032 <sup>(f)</sup>  | 110 | 110 |
| Carnival Corp. 6.125% 2/15/2033 <sup>(f)</sup>  | 160 | 162 |
| Daimler Trucks Finance North America, LLC 5.25% 1/13/2030 <sup>(f)</sup>  | 200 | 203 |
| Fertitta Entertainment, LLC 4.625% 1/15/2029 <sup>(f)</sup>  | 60 | 57 |
| Fertitta Entertainment, LLC 6.75% 1/15/2030 <sup>(f)</sup>  | 30 | 28 |

---

Capital Group KKR Core Plus+ — Page 8 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Consumer discretionary (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| First Student Bidco, Inc. 4.00% 7/31/2029 <sup>(f)</sup>  | USD110 | $105 |
| Ford Motor Co. 3.25% 2/12/2032  | 400 | 348 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 200 | 207 |
| Ford Motor Credit Co., LLC 5.875% 11/7/2029  | 200 | 203 |
| Ford Motor Credit Co., LLC 5.73% 9/5/2030  | 200 | 200 |
| Ford Motor Credit Co., LLC 5.753% 4/6/2033  | 200 | 196 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 200 | 210 |
| Ford Motor Credit Co., LLC 6.50% 2/7/2035  | 200 | 202 |
| Ford Motor Credit Co., LLC 5.869% 10/31/2035  | 200 | 192 |
| General Motors Financial Co., Inc. 5.90% 1/7/2035  | 175 | 178 |
| General Motors Financial Co., Inc. 5.45% 1/8/2036  | 163 | 161 |
| Hyatt Hotels Corp. 5.75% 3/30/2032  | 175 | 180 |
| Hyundai Capital America 4.60% 4/6/2028 <sup>(f)</sup>  | 96 | 96 |
| Hyundai Capital America 4.90% 6/23/2028 <sup>(f)</sup>  | 93 | 93 |
| Hyundai Capital America 4.25% 1/8/2029 <sup>(f)</sup>  | 103 | 102 |
| Hyundai Capital America 5.30% 1/8/2030 <sup>(f)</sup>  | 325 | 330 |
| Hyundai Capital America 5.10% 6/24/2030 <sup>(f)</sup>  | 94 | 95 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(f)</sup>  | 110 | 107 |
| LCM Investments Holdings II, LLC 8.25% 8/1/2031 <sup>(f)</sup>  | 80 | 83 |
| Light and Wonder International, Inc. 7.25% 11/15/2029 <sup>(f)</sup>  | 40 | 41 |
| Marriott International, Inc. 4.50% 5/1/2033  | 45 | 44 |
| Newell Brands, Inc. 6.625% 5/15/2032  | 95 | 91 |
| Newell Brands, Inc. 7.50% 4/1/2046  | 35 | 28 |
| Nissan Motor Co., Ltd. 8.125% 7/17/2035 <sup>(f)</sup>  | 450 | 463 |
| Royal Caribbean Cruises, Ltd. 4.75% 5/15/2033  | 94 | 91 |
| Royal Caribbean Cruises, Ltd. 5.375% 1/15/2036  | 201 | 198 |
| Royal Caribbean Cruises, Ltd. 5.25% 2/27/2038  | 369 | 351 |
| Scientific Games Holdings, LP 6.625% 3/1/2030 <sup>(f)</sup>  | 195 | 168 |
| Sonic Automotive, Inc. 4.625% 11/15/2029 <sup>(f)</sup>  | 50 | 49 |
| Starbucks Corp. 5.00% 2/15/2034  | 34 | 34 |
| Starbucks Corp. 5.40% 5/15/2035  | 70 | 72 |
| Toyota Motor Credit Corp. 4.05% 3/13/2029  | 148 | 147 |
| Toyota Motor Credit Corp. 4.60% 3/11/2033  | 110 | 108 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(f)</sup>  | 200 | 194 |
| Wand NewCo 3, Inc. 7.625% 1/30/2032 <sup>(f)</sup>  | 20 | 20 |
| Wynn Resorts Finance, LLC 5.125% 10/1/2029 <sup>(f)</sup>  | 185 | 183 |
|  |  | 7829 |
| **Information technology 2.10%** |  |  |
| Amphenol Corp. 4.625% 2/15/2036  | 275 | 266 |
| Amphenol Corp. 5.30% 11/15/2055  | 133 | 125 |
| ams-OSRAM AG 12.25% 3/30/2029 <sup>(f)</sup>  | 150 | 160 |
| Analog Devices, Inc. 5.30% 4/1/2054  | 50 | 47 |
| APLD ComputeCo 2, LLC 6.75% 3/15/2031 <sup>(f)</sup>  | 62 | 62 |
| Black Pearl Compute, LLC 6.125% 2/15/2031 <sup>(f)</sup>  | 30 | 31 |
| Booz Allen Hamilton, Inc. 4.00% 7/1/2029 <sup>(f)</sup>  | 35 | 34 |
| Broadcom, Inc. 4.90% 2/15/2038  | 463 | 447 |
| Cloud Software Group, Inc. 6.50% 3/31/2029 <sup>(f)</sup>  | 40 | 39 |
| Cloud Software Group, Inc. 9.00% 9/30/2029 <sup>(f)</sup>  | 460 | 444 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(f)</sup>  | 265 | 251 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(f)</sup>  | 40 | 42 |
| Fair Isaac Corp. 6.00% 5/15/2033 <sup>(f)</sup>  | 150 | 147 |
| Hughes Satellite Systems Corp. 5.25% 8/1/2026  | 15 | 13 |
| Hughes Satellite Systems Corp. 6.625% 8/1/2026  | 394 | 297 |

---

Capital Group KKR Core Plus+ — Page 9 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Information technology (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Intel Corp. 3.05% 8/12/2051  | USD20 | $12 |
| Intel Corp. 5.60% 2/21/2054  | 115 | 106 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 185 | 187 |
| NCR Atleos Corp. 9.50% 4/1/2029 <sup>(f)</sup>  | 50 | 54 |
| Oracle Corp. 5.50% 8/3/2035  | 60 | 57 |
| Oracle Corp. 5.20% 9/26/2035  | 375 | 352 |
| Oracle Corp. 5.70% 2/4/2036  | 327 | 314 |
| Oracle Corp. 6.00% 8/3/2055  | 132 | 111 |
| Oracle Corp. 5.95% 9/26/2055  | 100 | 84 |
| Oracle Corp. 6.70% 2/4/2056  | 304 | 282 |
| Oracle Corp. 6.10% 9/26/2065  | 100 | 83 |
| Synopsys, Inc. 4.85% 4/1/2030  | 103 | 104 |
| Synopsys, Inc. 5.15% 4/1/2035  | 70 | 70 |
| Synopsys, Inc. 5.70% 4/1/2055  | 125 | 120 |
| Texas Instruments, Inc. 5.10% 5/23/2035  | 80 | 81 |
| Texas Instruments, Inc. 5.15% 2/8/2054  | 85 | 79 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(f)</sup>  | 50 | 49 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(f)</sup>  | 79 | 68 |
| Viasat, Inc. 6.50% 7/15/2028 <sup>(f)</sup>  | 50 | 49 |
| WULF Compute, LLC 7.75% 10/15/2030 <sup>(f)</sup>  | 100 | 106 |
|  |  | 4773 |
| **Energy 1.68%** |  |  |
| Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 <sup>(f)</sup>  | 95 | 95 |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(f)</sup>  | 171 | 175 |
| Caturus Energy, LLC 8.50% 2/15/2030 <sup>(f)</sup>  | 50 | 52 |
| CNX Resources Corp. 7.375% 1/15/2031 <sup>(f)</sup>  | 55 | 57 |
| CNX Resources Corp. 5.875% 3/1/2034 <sup>(f)</sup>  | 30 | 29 |
| Comstock Resources, Inc. 5.875% 1/15/2030 <sup>(f)</sup>  | 50 | 48 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(f)</sup>  | 120 | 120 |
| Devon Energy Corp. 5.75% 9/15/2054  | 225 | 212 |
| Diamondback Energy, Inc. 5.75% 4/18/2054  | 105 | 99 |
| DT Midstream, Inc. 4.375% 6/15/2031 <sup>(f)</sup>  | 90 | 87 |
| Energy Transfer, LP 6.00% 2/1/2029 <sup>(f)</sup>  | 20 | 20 |
| Energy Transfer, LP 5.20% 4/1/2030  | 50 | 51 |
| Enterprise Products Operating, LLC 5.20% 1/15/2036  | 20 | 20 |
| EQT Corp. 4.75% 1/15/2031  | 70 | 70 |
| EQT Corp. 3.625% 5/15/2031 <sup>(f)</sup>  | 75 | 70 |
| Expand Energy Corp. 5.875% 2/1/2029 <sup>(f)</sup>  | 30 | 30 |
| Genesis Energy, LP 7.875% 5/15/2032  | 30 | 31 |
| Harvest Midstream I, LP 7.50% 9/1/2028 <sup>(f)</sup>  | 40 | 40 |
| Harvest Midstream I, LP 7.50% 5/15/2032 <sup>(f)</sup>  | 20 | 20 |
| Hess Midstream Operations, LP 5.875% 3/1/2028 <sup>(f)</sup>  | 10 | 10 |
| Hess Midstream Operations, LP 4.25% 2/15/2030 <sup>(f)</sup>  | 125 | 120 |
| Hess Midstream Operations, LP 5.50% 10/15/2030 <sup>(f)</sup>  | 80 | 79 |
| Hilcorp Energy I, LP 6.25% 4/15/2032 <sup>(f)</sup>  | 25 | 24 |
| Hilcorp Energy I, LP 8.375% 11/1/2033 <sup>(f)</sup>  | 50 | 52 |
| Infinity Natural Resources, LLC 7.625% 4/1/2031 <sup>(f)</sup>  | 25 | 25 |
| Kodiak Gas Services, LLC 5.875% 4/1/2031 <sup>(f)</sup>  | 35 | 35 |
| Matador Resources Co. 6.00% 4/15/2034 <sup>(f)</sup>  | 25 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NFE Brazil Financing, Ltd. 15.00% PIK or 15.00% Cash <br>8/30/2029 <sup>(b)(d)(e)</sup>  | 121 | 122 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(f)(h)</sup>  | 1100 | 498 |
| NGL Energy Operating, LLC 8.125% 2/15/2029 <sup>(f)</sup>  | 50 | 52 |

---

Capital Group KKR Core Plus+ — Page 10 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Energy (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| NGL Energy Operating, LLC 8.375% 2/15/2032 <sup>(f)</sup>  | USD90 | $93 |
| Noble Finance II, LLC 8.00% 4/15/2030 <sup>(f)</sup>  | 40 | 41 |
| Saturn Oil & Gas, Inc. 9.625% 6/15/2029 <sup>(f)</sup>  | 16 | 17 |
| Saudi Arabian Oil Co. 4.375% 2/2/2031 <sup>(f)</sup>  | 200 | 195 |
| SM Energy Co. 8.625% 11/1/2030 <sup>(f)</sup>  | 20 | 21 |
| SM Energy Co. 9.625% 6/15/2033 <sup>(f)</sup>  | 25 | 28 |
| Summit Midstream Holdings, LLC 8.625% 10/31/2029 <sup>(f)</sup>  | 50 | 51 |
| Sunoco, LP 4.50% 5/15/2029  | 30 | 29 |
| Sunoco, LP 5.625% 3/15/2031 <sup>(f)</sup>  | 20 | 20 |
| Sunoco, LP 7.25% 5/1/2032 <sup>(f)</sup>  | 110 | 114 |
| Sunoco, LP 5.875% 3/15/2034 <sup>(f)</sup>  | 30 | 30 |
| Sunoco, LP 5.625% 7/15/2034 <sup>(f)</sup>  | 35 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sunoco, LP 7.875% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity <br> + 4.23% on 9/18/2030) <sup>(f)(g)</sup>  | 50 | 51 |
| Superior Plus, LP 4.50% 3/15/2029 <sup>(f)</sup>  | 30 | 29 |
| TotalEnergies Capital USA, LLC 4.248% 1/13/2031  | 54 | 54 |
| Transocean International, Ltd. 8.75% 2/15/2030 <sup>(f)</sup>  | 28 | 29 |
| Transocean International, Ltd. 7.875% 10/15/2032 <sup>(f)</sup>  | 15 | 16 |
| Venture Global Calcasieu Pass, LLC 3.875% 8/15/2029 <sup>(f)</sup>  | 70 | 67 |
| Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 <sup>(f)</sup>  | 285 | 265 |
| Venture Global LNG, Inc. 8.375% 6/1/2031 <sup>(f)</sup>  | 80 | 83 |
| Venture Global LNG, Inc. 9.875% 2/1/2032 <sup>(f)</sup>  | 40 | 43 |
| Venture Global Plaquemines LNG, LLC 6.125% 12/15/2030 <sup>(f)</sup>  | 25 | 26 |
| Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 <sup>(f)</sup>  | 75 | 82 |
| Venture Global Plaquemines LNG, LLC 6.50% 6/15/2034 <sup>(f)</sup>  | 25 | 26 |
|  |  | 3813 |
| **Industrials 1.62%** |  |  |
| ADT Security Corp. 4.125% 8/1/2029 <sup>(f)</sup>  | 30 | 29 |
| Amentum Holdings, Inc. 7.25% 8/1/2032 <sup>(f)</sup>  | 150 | 155 |
| Avis Budget Car Rental, LLC 4.75% 4/1/2028 <sup>(f)</sup>  | 30 | 29 |
| Avis Budget Car Rental, LLC 5.375% 3/1/2029 <sup>(f)</sup>  | 50 | 48 |
| Axon Enterprise, Inc. 6.125% 3/15/2030 <sup>(f)</sup>  | 20 | 20 |
| BAE Systems PLC 5.30% 3/26/2034 <sup>(f)</sup>  | 200 | 205 |
| Boeing Co. (The) 3.25% 2/1/2028  | 100 | 98 |
| Clarivate Science Holdings Corp. 3.875% 7/1/2028 <sup>(f)</sup>  | 50 | 47 |
| Clean Harbors, Inc. 5.75% 10/15/2033 <sup>(f)</sup>  | 75 | 75 |
| CoreLogic, Inc. 4.50% 5/1/2028 <sup>(f)</sup>  | 150 | 141 |
| CSX Corp. 4.10% 11/15/2032  | 123 | 119 |
| CSX Corp. 5.05% 6/15/2035  | 325 | 326 |
| Eaton Corp. 4.50% 3/6/2033  | 200 | 197 |
| Eaton Corp. 4.80% 3/6/2036  | 200 | 198 |
| EquipmentShare.com, Inc. 9.00% 5/15/2028 <sup>(f)</sup>  | 55 | 57 |
| EquipmentShare.com, Inc. 8.625% 5/15/2032 <sup>(f)</sup>  | 45 | 47 |
| EquipmentShare.com, Inc. 8.00% 3/15/2033 <sup>(f)</sup>  | 25 | 26 |
| Garda World Security Corp. 6.50% 1/15/2031 <sup>(f)</sup>  | 50 | 51 |
| Honeywell Aerospace, Inc. 4.30% 3/16/2031 <sup>(f)</sup>  | 200 | 198 |
| Honeywell Aerospace, Inc. 4.60% 3/16/2033 <sup>(f)</sup>  | 221 | 219 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 140 | 137 |
| Icahn Enterprises, LP 9.75% 1/15/2029  | 120 | 118 |
| Icahn Enterprises, LP 10.00% 11/15/2029 <sup>(f)</sup>  | 100 | 99 |
| Norfolk Southern Corp. 4.45% 3/1/2033  | 19 | 19 |
| Norfolk Southern Corp. 5.10% 5/1/2035  | 35 | 35 |
| Norfolk Southern Corp. 5.35% 8/1/2054  | 100 | 93 |

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Capital Group KKR Core Plus+ — Page 11 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Industrials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Reworld Holding Corp. 4.875% 12/1/2029 <sup>(f)</sup>  | USD60 | $56 |
| Siemens Funding BV 4.90% 5/28/2032 <sup>(f)</sup>  | 215 | 219 |
| TransDigm, Inc. 6.375% 3/1/2029 <sup>(f)</sup>  | 95 | 97 |
| TransDigm, Inc. 6.625% 3/1/2032 <sup>(f)</sup>  | 90 | 92 |
| TransDigm, Inc. 6.125% 7/31/2034 <sup>(f)</sup>  | 62 | 61 |
| Union Pacific Corp. 2.80% 2/14/2032  | 117 | 106 |
| Union Pacific Corp. 5.10% 2/20/2035  | 176 | 179 |
| Union Pacific Corp. 2.95% 3/10/2052  | 14 | 9 |
| Union Pacific Corp. 3.50% 2/14/2053  | 15 | 11 |
| Union Pacific Corp. 5.60% 12/1/2054  | 73 | 72 |
|  |  | 3688 |
| **Utilities 1.23%** |  |  |
| Duke Energy Florida, LLC 4.85% 12/1/2035  | 50 | 49 |
| Edison International 6.25% 3/15/2030  | 275 | 285 |
| Florida Power & Light Co. 5.70% 3/15/2055  | 75 | 75 |
| Long Ridge Energy, LLC 8.75% 2/15/2032 <sup>(f)</sup>  | 120 | 126 |
| Northern States Power Co. 5.40% 3/15/2054  | 75 | 71 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 475 | 482 |
| Pacific Gas and Electric Co. 6.00% 8/15/2035  | 155 | 160 |
| Pacific Gas and Electric Co. 5.20% 5/1/2036  | 125 | 122 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 100 | 83 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 75 | 50 |
| PacifiCorp 5.10% 4/15/2031  | 125 | 125 |
| PacifiCorp 5.45% 4/15/2033  | 150 | 151 |
| PacifiCorp 5.80% 4/15/2036  | 27 | 27 |
| PacifiCorp 5.50% 5/15/2054  | 155 | 136 |
| PG&E Corp. 5.25% 7/1/2030  | 140 | 138 |
| Public Service Electric and Gas Co. 4.20% 1/1/2031  | 280 | 276 |
| Public Service Electric and Gas Co. 5.625% 1/1/2056  | 75 | 74 |
| Southern California Edison Co. 5.45% 3/1/2035  | 175 | 176 |
| Southern California Edison Co. 6.20% 9/15/2055  | 50 | 50 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(f)</sup>  | 140 | 147 |
|  |  | 2803 |
| **Real estate 1.15%** |  |  |
| Boston Properties, LP 5.75% 1/15/2035  | 225 | 224 |
| GGP Retail, LLC 5.75% 5/15/2026 <sup>(f)</sup>  | 90 | 90 |
| Howard Hughes Corp. (The) 4.125% 2/1/2029 <sup>(f)</sup>  | 70 | 66 |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(f)</sup>  | 50 | 46 |
| Howard Hughes Corp. (The) 5.875% 3/1/2032 <sup>(f)</sup>  | 40 | 39 |
| Howard Hughes Corp. (The) 6.125% 3/1/2034 <sup>(f)</sup>  | 50 | 48 |
| Iron Mountain, Inc. 5.25% 7/15/2030 <sup>(f)</sup>  | 205 | 199 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 40 | 40 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 230 | 230 |
| Kennedy-Wilson, Inc. 5.00% 3/1/2031  | 90 | 90 |
| Ladder Capital Finance Holdings LLLP 4.75% 6/15/2029 <sup>(f)</sup>  | 20 | 19 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 30 | 30 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | 450 | 419 |
| MPT Operating Partnership, LP 3.50% 3/15/2031  | 100 | 66 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(f)</sup>  | 200 | 203 |
| Park Intermediate Holdings, LLC 4.875% 5/15/2029 <sup>(f)</sup>  | 40 | 38 |
| Service Properties Trust 4.95% 2/15/2027  | 38 | 38 |
| Service Properties Trust 8.00% 9/30/2027 <sup>(f)</sup>  | 55 | 50 |

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Capital Group KKR Core Plus+ — Page 12 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Real estate (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Service Properties Trust 3.95% 1/15/2028  | USD120 | $115 |
| Service Properties Trust 4.95% 10/1/2029  | 360 | 327 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(f)</sup>  | 215 | 225 |
|  |  | 2602 |
| **Consumer staples 1.13%** |  |  |
| Albertsons Cos., Inc. 3.50% 3/15/2029 <sup>(f)</sup>  | 70 | 67 |
| Albertsons Cos., Inc. 5.75% 3/31/2034 <sup>(f)</sup>  | 150 | 147 |
| B&G Foods, Inc. 5.25% 9/15/2027  | 20 | 19 |
| B&G Foods, Inc. 8.00% 9/15/2028 <sup>(f)</sup>  | 90 | 89 |
| BAT Capital Corp. 5.35% 8/15/2032  | 265 | 272 |
| BAT Capital Corp. 4.625% 3/22/2033  | 78 | 76 |
| BAT Capital Corp. 6.25% 8/15/2055  | 200 | 202 |
| Imperial Brands Finance PLC 5.625% 7/1/2035 <sup>(f)</sup>  | 200 | 202 |
| Industrial F&B Investments III, Inc. 7.75% 2/11/2033 <sup>(f)</sup>  | 100 | 101 |
| Lamb Weston Holdings, Inc. 4.125% 1/31/2030 <sup>(f)</sup>  | 90 | 86 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(f)</sup>  | 265 | 268 |
| Mars, Inc. 5.70% 5/1/2055 <sup>(f)</sup>  | 150 | 146 |
| Mondelez International, Inc. 5.125% 5/6/2035  | 38 | 38 |
| Philip Morris International, Inc. 4.375% 4/30/2030  | 269 | 268 |
| Philip Morris International, Inc. 4.90% 11/1/2034  | 300 | 298 |
| Philip Morris International, Inc. 4.875% 4/30/2035  | 51 | 50 |
| Philip Morris International, Inc. 4.625% 10/29/2035  | 137 | 132 |
| Post Holdings, Inc. 4.625% 4/15/2030 <sup>(f)</sup>  | 60 | 58 |
| United Natural Foods, Inc. 6.75% 10/15/2028 <sup>(f)</sup>  | 54 | 54 |
|  |  | 2573 |
| **Materials 1.02%** |  |  |
| BHP Billiton Finance (USA), Ltd. 5.75% 9/5/2055  | 58 | 58 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(f)</sup>  | 25 | 25 |
| Cleveland-Cliffs, Inc. 6.75% 4/15/2030 <sup>(f)</sup>  | 140 | 137 |
| Cleveland-Cliffs, Inc. 4.875% 3/1/2031 <sup>(f)</sup>  | 40 | 36 |
| Cleveland-Cliffs, Inc. 7.50% 9/15/2031 <sup>(f)</sup>  | 60 | 60 |
| Cleveland-Cliffs, Inc. 7.00% 3/15/2032 <sup>(f)</sup>  | 70 | 68 |
| Cleveland-Cliffs, Inc. 7.625% 1/15/2034 <sup>(f)</sup>  | 110 | 107 |
| Consolidated Energy Finance SA 12.00% 2/15/2031 <sup>(f)</sup>  | 150 | 148 |
| CVR Partners, LP 6.125% 6/15/2028 <sup>(f)</sup>  | 80 | 80 |
| First Quantum Minerals, Ltd. 6.375% 2/15/2036 <sup>(f)</sup>  | 90 | 87 |
| FXI Holdings, Inc. 16.00% PIK 11/15/2029 (14.00% on 11/15/2028) <sup>(e)(f)(g)</sup>  | 83 | 44 |
| FXI Holdings, Inc. 11.00% 11/15/2030 <sup>(f)</sup>  | 143 | 127 |
| LYB International Finance III, LLC 5.50% 3/1/2034  | 19 | 19 |
| LYB International Finance III, LLC 6.15% 5/15/2035  | 11 | 11 |
| LYB International Finance III, LLC 5.875% 1/15/2036  | 163 | 164 |
| LYB International Finance III, LLC 3.375% 10/1/2040  | 15 | 11 |
| Ma'aden Sukuk, Ltd. 5.25% 1/29/2036 <sup>(f)</sup>  | 200 | 195 |
| Mauser Packaging Solutions Holding Co. 7.875% 4/15/2030 <sup>(f)</sup>  | 60 | 60 |
| Mauser Packaging Solutions Holding Co. 9.25% 4/15/2030 <sup>(f)</sup>  | 65 | 60 |
| Methanex Corp. 5.125% 10/15/2027  | 100 | 99 |
| Methanex Corp. 5.25% 12/15/2029  | 40 | 40 |
| Minera Mexico, SA de CV, 5.625% 2/12/2032 <sup>(f)</sup>  | 200 | 202 |
| Mineral Resources, Ltd. 9.25% 10/1/2028 <sup>(f)</sup>  | 50 | 52 |
| Mineral Resources, Ltd. 8.50% 5/1/2030 <sup>(f)</sup>  | 140 | 144 |
| Quikrete Holdings, Inc. 6.375% 3/1/2032 <sup>(f)</sup>  | 40 | 40 |
| Quikrete Holdings, Inc. 6.75% 3/1/2033 <sup>(f)</sup>  | 20 | 20 |

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Capital Group KKR Core Plus+ — Page 13 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Corporate bonds and notes (continued)**<br> **Materials (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Rio Tinto Finance (USA) PLC 5.75% 3/14/2055  | USD100 | $100 |
| Samarco Mineracao SA 5.00% PIK and 4.00% Cash 6/30/2031 <sup>(e)(g)</sup>  | 72 | 71 |
| Samarco Mineracao SA 5.00% PIK and 4.00% Cash 6/30/2031 <sup>(e)(g)</sup>  | 60 | 59 |
|  |  | 2324 |
| **Total corporate bonds and notes** | **Total corporate bonds and notes** | 64508 |
| **Mortgage-backed obligations 14.47%**<br> **Federal agency mortgage-backed obligations 6.67%**<br>|  |  |
| Fannie Mae Pool #CA8827 2.50% 2/1/2051 <sup>(i)</sup>  | 362 | 305 |
| Fannie Mae Pool #BQ7729 2.50% 3/1/2051 <sup>(i)</sup>  | 375 | 316 |
| Fannie Mae Pool #BR3771 2.00% 4/1/2051 <sup>(i)</sup>  | 213 | 172 |
| Fannie Mae Pool #FM6965 2.50% 4/1/2051 <sup>(i)</sup>  | 642 | 542 |
| Fannie Mae Pool #FM7751 2.00% 5/1/2051 <sup>(i)</sup>  | 292 | 236 |
| Fannie Mae Pool #CB0844 2.50% 6/1/2051 <sup>(i)</sup>  | 792 | 667 |
| Fannie Mae Pool #FM8720 2.00% 8/1/2051 <sup>(i)</sup>  | 218 | 175 |
| Fannie Mae Pool #BT7309 2.00% 9/1/2051 <sup>(i)</sup>  | 661 | 533 |
| Fannie Mae Pool #CB2041 2.50% 11/1/2051 <sup>(i)</sup>  | 39 | 33 |
| Fannie Mae Pool #FS0490 2.00% 1/1/2052 <sup>(i)</sup>  | 202 | 163 |
| Fannie Mae Pool #BT2052 2.00% 3/1/2052 <sup>(i)</sup>  | 422 | 340 |
| Fannie Mae Pool #FS6031 2.00% 6/1/2052 <sup>(i)</sup>  | 87 | 70 |
| Fannie Mae Pool #FA2839 2.50% 7/1/2052 <sup>(i)</sup>  | 475 | 401 |
| Fannie Mae Pool #BX4574 3.00% 8/1/2053 <sup>(i)</sup>  | 454 | 400 |
| Fannie Mae Pool #DB6296 6.50% 6/1/2054 <sup>(i)</sup>  | 106 | 111 |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(i)</sup>  | 1921 | 1932 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(i)</sup>  | 2611 | 2663 |
| Fannie Mae Pool #190445 6.50% 3/1/2055 <sup>(i)</sup>  | 2060 | 2131 |
| Fannie Mae Pool #MA5649 7.00% 3/1/2055 <sup>(i)</sup>  | 418 | 439 |
| Freddie Mac Pool #SD0963 3.50% 1/1/2052 <sup>(i)</sup>  | 525 | 482 |
| Freddie Mac Pool #QD6951 2.00% 2/1/2052 <sup>(i)</sup>  | 27 | 22 |
| Freddie Mac Pool #RA6771 2.00% 2/1/2052 <sup>(i)</sup>  | 204 | 165 |
| Freddie Mac Pool #SL2621 2.50% 7/1/2052 <sup>(i)</sup>  | 65 | 55 |
| Freddie Mac Pool #SD8312 2.50% 1/1/2053 <sup>(i)</sup>  | 761 | 643 |
| Freddie Mac Pool #QX1642 6.50% 12/1/2054 <sup>(i)</sup>  | 217 | 224 |
| Freddie Mac Pool #SD8505 5.00% 2/1/2055 <sup>(i)</sup>  | 777 | 767 |
| Freddie Mac Pool #QY1746 4.00% 4/1/2055 <sup>(i)</sup>  | 322 | 305 |
| Freddie Mac Pool #RQ0113 6.50% 4/1/2056 <sup>(i)</sup>  | 322 | 333 |
| Uniform Mortgage-Backed Security 2.50% 4/1/2056 <sup>(i)(j)</sup>  | 575 | 484 |
| Uniform Mortgage-Backed Security 6.50% 4/1/2056 <sup>(i)(j)</sup>  | 63 | 65 |
|  |  | 15174 |
| **Collateralized mortgage-backed obligations 4.69%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Series 2024-NQM7, Class A1, 5.554% 10/27/2064 (6.554% on <br>10/1/2028) <sup>(f)(g)(i)</sup>  | 652 | 654 |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on 5/1/2027) <sup>(f)(g)(i)</sup>  | 162 | 163 |
| COLT Funding, LLC, Series 2024-INV3, Class A1, 5.443% 9/25/2069 (6.443% on 8/1/2028) <sup>(f)(g)(i)</sup>  | 114 | 114 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(f)(g)(i)</sup>  | 205 | 196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA3, Class M1B, (30-day Average <br> USD-SOFR + 2.90%) 6.562% 4/25/2042 <sup>(c)(f)(i)</sup>  | 1561 | 1590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA1, Class B2, (30-day Average <br> USD-SOFR + 5.214%) 8.876% 1/25/2050 <sup>(c)(f)(i)</sup>  | 440 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA2, Class B2, (30-day Average <br> USD-SOFR + 4.914%) 8.576% 2/25/2050 <sup>(c)(f)(i)</sup>  | 450 | 495 |

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Capital Group KKR Core Plus+ — Page 14 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Mortgage-backed obligations (continued)**<br> **Collateralized mortgage-backed obligations (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA2, Class B2, (30-day Average <br> USD-SOFR + 7.714%) 11.376% 3/25/2050 <sup>(c)(f)(i)</sup>  | USD50 | $60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA4, Class B2, (30-day Average <br> USD-SOFR + 9.514%) 13.176% 9/25/2050 <sup>(c)(f)(i)</sup>  | 345 | 449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA5, Class B2, (30-day Average <br> USD-SOFR + 11.50%) 15.162% 10/25/2050 <sup>(c)(f)(i)</sup>  | 660 | 908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA6, Class B2, (30-day Average <br> USD-SOFR + 5.65%) 9.312% 12/25/2050 <sup>(c)(f)(i)</sup>  | 1095 | 1276 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-DSC3, Class AIOS, 0.326% 9/25/2070 <sup>(c)(f)(i)</sup>  | 6909 | 39 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-DSC3, Class AIOS, 1.919% 9/25/2070 <sup>(c)(f)(i)</sup>  | 6909 | 394 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-DSC3, Class B1, 6.432% 9/25/2070 <sup>(c)(f)(i)</sup>  | 197 | 194 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-DSC3, Class B2, 7.192% 9/25/2070 <sup>(c)(f)(i)</sup>  | 226 | 221 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-DSC3, Class B3, 7.192% 9/25/2070 <sup>(c)(f)(i)</sup>  | 115 | 105 |
| Onslow Bay Financial, LLC, Series 2025-NQM14, Class A1A, 5.162% 7/25/2065 (6.162% on 7/1/2029) <sup>(f)(g)(i)</sup>  | 466 | 466 |
| Progress Residential Trust, Series 2024-SFR1, Class A, 3.35% 2/17/2041 <sup>(f)(i)</sup>  | 99 | 95 |
| Progress Residential Trust, Series 2024-SFR1, Class E2, 3.85% 2/17/2041 <sup>(f)(i)</sup>  | 664 | 631 |
| Progress Residential Trust, Series 2025-SFR3, Class D, 3.39% 7/17/2042 <sup>(f)(i)</sup>  | 800 | 730 |
| Tricon Residential Trust, Series 2023-SFR2, Class A, 5.00% 12/17/2040 <sup>(f)(i)</sup>  | 129 | 129 |
| Verus Securitization Trust, Series 2023-INV3, Class B2, 8.162% 11/25/2068 <sup>(c)(f)(i)</sup>  | 809 | 815 |
| Verus Securitization Trust, Series 2024-8, Class A1, 5.364% 10/25/2069 <sup>(c)(f)(i)</sup>  | 441 | 442 |
|  |  | 10653 |
| **Commercial mortgage-backed securities 3.11%** |  |  |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 5.416% 6/15/2040 <sup>(c)(f)(i)</sup>  | 142 | 142 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C27, Class C, 6.70% 7/15/2057 <sup>(c)(i)</sup>  | 240 | 246 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class A3, 5.659% 5/15/2058 <sup>(i)</sup>  | 666 | 689 |
| Benchmark Mortgage Trust, Series 2018-B7, Class B, 4.831% 5/15/2053 <sup>(c)(i)</sup>  | 300 | 275 |
| Benchmark Mortgage Trust, Series 2020-B22, Class AM, 2.163% 1/15/2054 <sup>(i)</sup>  | 203 | 174 |
| BMO Mortgage Trust, Series 2025-5C10, Class B, 6.445% 5/15/2058 <sup>(c)(i)</sup>  | 1000 | 1042 |
| BX Trust, Series 2025-VOLT, Class D, (1-month USD CME Term SOFR + 2.75%) 6.423% 12/15/2044 <sup>(c)(f)(i)</sup>  | 512 | 510 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 2/10/2049 <sup>(i)</sup>  | 219 | 218 |
| Commercial Mortgage Trust, Series 2019-GC44, Class AM, 3.263% 8/15/2057 <sup>(i)</sup>  | 1000 | 930 |
| DATA 2023-CNTR Mortgage Trust, Series 2023-CNTR, Class A, 5.728% 8/12/2043 <sup>(c)(f)(i)</sup>  | 250 | 252 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class B, 6.804% 9/12/2040 <sup>(f)(i)</sup>  | 250 | 253 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 4.802% 8/10/2042 <sup>(c)(f)(i)</sup>  | 175 | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class E, (1-month USD CME Term SOFR + 3.15%) 6.823% <br> 12/15/2039 <sup>(c)(f)(i)</sup>  | 500 | 503 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class D, 8.198% 5/10/2039 <sup>(c)(f)(i)</sup>  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multifamily Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 7.662% 11/25/2053 <sup>(c)(f)(i)</sup>  | 361 | 371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multifamily Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.062% 5/25/2055 <sup>(c)(f)(i)</sup>  | 289 | 294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multifamily Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%) <br> 6.762% 5/25/2055 <sup>(c)(f)(i)</sup>  | 258 | 259 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class D, 6.213% 11/5/2038 <sup>(c)(f)(i)</sup>  | 264 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SCG Hotel Issuer, Inc., Series 2025-SNIP, Class A, (1-month USD CME Term SOFR + 1.50%) 5.173% <br>9/15/2042 <sup>(c)(f)(i)</sup>  | 360 | 360 |
|  |  | 7060 |
| **Total mortgage-backed obligations** | **Total mortgage-backed obligations** | 32887 |

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Capital Group KKR Core Plus+ — Page 15 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Asset-backed obligations 13.28%**<br> **Other asset-backed securities 6.08%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| ACHD Trust, Series 2025-DS1, Class A, 5.978% 1/9/2034 <sup>(f)(i)</sup>  | USD63 | $63 |
| Apollo Aviation Securitization Equity Trust, Series 2025-3A, Class A, 5.243% 2/16/2050 <sup>(f)(i)</sup>  | 648 | 641 |
| Centersquare Issuer, LLC, Series 2025-5A, Class A2, 5.30% 12/27/2055 <sup>(i)</sup>  | 1103 | 1075 |
| Flexential Issuer, LLC, Series 2026-3A, Class A2, 6.00% 3/25/2061 <sup>(i)</sup>  | 436 | 429 |
| Global SC Finance SRL, Series 2025-1H, Class A, 6.169% 9/20/2045 <sup>(f)(i)</sup>  | 396 | 395 |
| Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/2040 <sup>(f)(i)</sup>  | 2465 | 2373 |
| Grayrock Fund IV ABS Issuer, LLC, Series 2026-2, Class A, 5.759% 2/15/2041 <sup>(b)(d)(i)(j)</sup>  | 341 | 341 |
| Grayrock Fund IV ABS Issuer, LLC, Series 2026-2, Class B, 10.278% 2/15/2041 <sup>(b)(d)(i)(j)</sup>  | 81 | 81 |
| MESA Trust, Series 2025-1, Class A, 0% 6/25/2060 <sup>(b)(i)</sup>  | 135 | 135 |
| MESA Trust, Series 2025-1, Class A, 5.20% 6/25/2060 <sup>(b)(i)</sup>  | 1887 | 1885 |
| MESA Trust, Series 2025-1, Class B, 5.70% 6/25/2060 <sup>(b)(i)</sup>  | 217 | 217 |
| MESA Trust, Series 2025-1, Class C, 6.45% 6/25/2060 <sup>(b)(i)</sup>  | 183 | 183 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(f)(i)</sup>  | 66 | 67 |
| MMP Capital, Series 2025-A, Class B, 5.72% 12/15/2031 <sup>(f)(i)</sup>  | 282 | 285 |
| OWN Equipment Fund II, LLC, Series 2025-1M, Class C, 9.02% 9/26/2033 <sup>(f)(i)</sup>  | 447 | 460 |
| OWN Equipment Fund III, Series 2025-2M, Class C, 8.77% 3/27/2034 <sup>(f)(i)</sup>  | 483 | 490 |
| PK ALIFT Loan Funding, Series 2025-2, Class A, 4.75% 3/15/2043 <sup>(f)(i)</sup>  | 236 | 235 |
| PK ALIFT Loan Funding, Series 2026-1, Class A, 4.614% 9/15/2043 <sup>(f)(i)</sup>  | 250 | 247 |
| SSI ABS Issuer, LLC, Series 2025-1, Class A, 6.15% 7/25/2065 <sup>(f)(i)</sup>  | 419 | 416 |
| SSI ABS Issuer, LLC, Series 2025-1, Class B, 7.82% 7/25/2065 <sup>(f)(i)</sup>  | 393 | 396 |
| Sunrun Julius Issuer, Series 2023-2A, Class A1, 6.60% 1/30/2059 <sup>(f)(i)</sup>  | 708 | 715 |
| Sunrun Jupiter Issuer, LLC, Series 2022-1A, Class A, 4.75% 7/30/2057 <sup>(f)(i)</sup>  | 354 | 340 |
| Sunrun Neptune Issuer, LLC, Series 2024-1A, Class A, 6.27% 2/1/2055 <sup>(f)(i)</sup>  | 109 | 109 |
| SunStrong Issuer, LLC, Series 2025-1, Class A2, 5.95% 12/28/2055 <sup>(f)(i)</sup>  | 1197 | 1191 |
| SVC ABS, LLC, Series 2026-1A, Class A, 5.157% 3/20/2056 <sup>(f)(i)</sup>  | 194 | 193 |
| SVC ABS, LLC, Series 2026-1A, Class B, 5.795% 3/20/2056 <sup>(f)(i)</sup>  | 498 | 493 |
| SVC ABS, LLC, Series 2026-1A, Class M, 7.549% 3/20/2056 <sup>(f)(i)</sup>  | 171 | 169 |
| U.S. Bank National Association, Series 2025-SUP2, Class B1, 4.818% 9/25/2032 <sup>(f)(i)</sup>  | 206 | 206 |
|  |  | 13830 |
| **Home equity 4.36%** |  |  |
| Unison Trust, Series 2025-1, Class A, 6.00% 7/25/2055 <sup>(i)</sup>  | 1498 | 1404 |
| Unlock HEA Trust, Series 2025-2, Class A, 6.00% 11/25/2041 <sup>(f)(i)</sup>  | 320 | 317 |
| Unlock HEA Trust, Series 2025-2, Class B, 7.25% 11/25/2041 <sup>(f)(i)</sup>  | 168 | 164 |
| Unlock HEA Trust, Series 2025-3, Class A, 5.75% 12/25/2041 <sup>(f)(i)</sup>  | 1983 | 1947 |
| Unlock HEA Trust, Series 2025-3, Class B, 7.25% 12/25/2041 <sup>(f)(i)</sup>  | 501 | 483 |
| Woodward Capital Management, Series 2024-CES8, Class B2, 8.391% 11/25/2044 <sup>(f)(i)</sup>  | 3000 | 3047 |
| Woodward Capital Management, Series 2025-CES1, Class B1, 7.653% 1/25/2045 <sup>(c)(f)(i)</sup>  | 2500 | 2550 |
|  |  | 9912 |
| **Auto loan 1.99%** |  |  |
| American Credit Acceptance Receivables Trust, Series 2023-1, Class E, 9.79% 12/12/2029 <sup>(f)(i)</sup>  | 800 | 823 |
| American Credit Acceptance Receivables Trust, Series 2022-4, Class E, 10.00% 1/14/2030 <sup>(f)(i)</sup>  | 800 | 810 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-1A, Class B, 4.30% 8/21/2028 <sup>(f)(i)</sup>  | 420 | 419 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-7, Class B, 6.44% 8/21/2028 <sup>(f)(i)</sup>  | 100 | 102 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6A, Class D, 7.37% 12/20/2029 <sup>(f)(i)</sup>  | 100 | 101 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(f)(i)</sup>  | 100 | 101 |
| Credit Acceptance Auto Loan Trust, Series 2024-3A, Class C, 5.39% 1/16/2035 <sup>(f)(i)</sup>  | 120 | 121 |
| Hertz Vehicle Financing III, LLC, Series 2022-2A, Class A, 2.33% 6/26/2028 <sup>(f)(i)</sup>  | 500 | 489 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class B, 2.12% 12/27/2027 <sup>(f)(i)</sup>  | 336 | 331 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class D, 9.22% 1/25/2029 <sup>(f)(i)</sup>  | 283 | 289 |
| Securitized Term Auto Receivables Trust, Series 2026-A, Class B, 4.284% 3/25/2033 <sup>(f)(i)</sup>  | 78 | 78 |
| Securitized Term Auto Receivables Trust, Series 2026-A, Class C, 4.431% 3/25/2033 <sup>(f)(i)</sup>  | 37 | 37 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Asset-backed obligations (continued)**<br> **Auto loan (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Securitized Term Auto Receivables Trust, Series 2026-A, Class D, 4.873% 3/25/2033 <sup>(f)(i)</sup>  | USD37 | $37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Huntington National Bank, Series 2026-1, Class C, (30-day Average USD-SOFR + 2.00%) 5.672% <br>2/20/2034 <sup>(c)(f)(i)</sup>  | 792 | 793 |
|  |  | 4531 |
| **Student loan 0.41%** |  |  |
| DRB Prime Student Loan Trust, Series 2017-B, Class R, 0% 8/25/2042 <sup>(b)(f)(i)</sup>  | —<br> <sup>(k)</sup><br>| 68 |
| JPTR Trust, Series 2025-1, Class R, 0% 12/25/2055 <sup>(b)(i)</sup>  | 30 | 31 |
| JPTR Trust, Series 2025-1, Class R, 0% 12/25/2055 <sup>(b)(i)</sup>  | 28 | 29 |
| JPTR Trust, Series 2025-1, Class A-FL, (1-month USD CME Term SOFR + 1.20%) 4.87% 12/25/2055 <sup>(b)(c)(i)</sup>  | 50 | 50 |
| JPTR Trust, Series 2025-1, Class A-FL, (3-month USD CME Term SOFR + 1.20%) 5.16% 12/25/2055 <sup>(b)(c)(i)</sup>  | 18 | 18 |
| JPTR Trust, Series 2025-1, Class A-FX, 4.85% 12/25/2055 <sup>(b)(i)</sup>  | 316 | 318 |
| JPTR Trust, Series 2025-1, Class A-FX, 4.95% 12/25/2055 <sup>(b)(i)</sup>  | 232 | 232 |
| JPTR Trust, Series 2025-1, Class B, 5.25% 12/25/2055 <sup>(b)(i)</sup>  | 58 | 58 |
| JPTR Trust, Series 2025-1, Class B, 5.45% 12/25/2055 <sup>(b)(i)</sup>  | 40 | 40 |
| JPTR Trust, Series 2025-1, Class C, 5.50% 12/25/2055 <sup>(b)(i)</sup>  | 13 | 14 |
| JPTR Trust, Series 2025-1, Class C, 5.65% 12/25/2055 <sup>(b)(i)</sup>  | 9 | 9 |
| JPTR Trust, Series 2025-1, Class D, 6.10% 12/25/2055 <sup>(b)(i)</sup>  | 9 | 9 |
| JPTR Trust, Series 2025-1, Class D, 6.25% 12/25/2055 <sup>(b)(i)</sup>  | 6 | 6 |
| SMB Private Education Loan Trust, Series 2022-D, Class C, 6.58% 10/15/2058 <sup>(f)(i)</sup>  | 49 | 50 |
|  |  | 932 |
| **Credit card 0.33%** |  |  |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class D, 5.82% 9/15/2029 <sup>(f)(i)</sup>  | 322 | 321 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(f)(i)</sup>  | 220 | 220 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class D, 5.80% 9/15/2031 <sup>(f)(i)</sup>  | 200 | 197 |
|  |  | 738 |
| **Collateralized loan obligations 0.11%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 522 Funding CLO, Ltd., Series 2019-5A, Class AR2, (3-month USD CME Term SOFR + 1.02%) 4.68% <br>4/15/2035 <sup>(c)(f)(i)</sup>  | 250 | 250 |
| **Total asset-backed obligations** |  | 30193 |
| **U.S. Treasury bonds & notes 5.99%**<br> **U.S. Treasury 5.71%**<br>|  |  |
| U.S. Treasury 3.375% 11/30/2027  | —<br> <sup>(k)</sup><br>| — <br><sup>(k)</sup><br>|
| U.S. Treasury 3.375% 2/29/2028  | 265 | 263 |
| U.S. Treasury 3.875% 3/31/2028  | 2680 | 2684 |
| U.S. Treasury 4.25% 3/31/2033  | 1792 | 1804 |
| U.S. Treasury 4.125% 2/15/2036  | 1537 | 1513 |
| U.S. Treasury 4.625% 2/15/2046  | 2886 | 2782 |
| U.S. Treasury 4.625% 11/15/2055 <sup>(l)</sup>  | 4118 | 3933 |
|  |  | 12979 |
| **U.S. Treasury inflation-protected securities 0.28%** |  |  |
| U.S. Treasury Inflation-Protected Security 0.125% 4/15/2026 <sup>(m)</sup>  | 62 | 62 |
| U.S. Treasury Inflation-Protected Security 1.25% 4/15/2028 <sup>(m)</sup>  | 277 | 278 |
| U.S. Treasury Inflation-Protected Security 0.125% 1/15/2030 <sup>(m)</sup>  | 316 | 302 |
|  |  | 642 |
| **Total U.S. Treasury bonds & notes** | **Total U.S. Treasury bonds & notes** | 13621 |

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Capital Group KKR Core Plus+ — Page 17 of 26

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Bonds & notes of governments & government agencies outside the U.S. 0.40%**<br> **Mexico 0.18%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| United Mexican States 4.75% 4/27/2032  | USD200 | $193 |
| United Mexican States 6.875% 5/13/2037  | 200 | 210 |
|  |  | 403 |
| **State of Kuwait 0.08%** |  |  |
| Kuwait (State of) 4.652% 10/9/2035 <sup>(f)</sup> <br>| 200 | 192 |
| **Canada 0.07%** |  |  |
| Ontario (Province of) 3.90% 9/4/2030  | 173 | 172 |
| **Peru 0.07%** |  |  |
| Peru (Republic of) 2.783% 1/23/2031  | 80 | 73 |
| Peru (Republic of) 5.875% 8/8/2054  | 30 | 29 |
| Peru (Republic of) 2.78% 12/1/2060  | 100 | 53 |
|  |  | 155 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 922 |
| **Total bonds, notes & other debt instruments** (cost: $218,184,000) | **Total bonds, notes & other debt instruments** (cost: $218,184,000) | 217727 |
| Convertible bonds & notes 0.08%<br> **Communication services 0.03%**<br>|  |  |
| EchoStar Corp., convertible notes, 3.875% Cash 11/30/2030 <sup>(e)</sup>  | 20 | 73 |
| **Information technology 0.05%** |  |  |
| Strategy, Inc., convertible notes, 0% 12/1/2029  | 130 | 108 |
| **Total convertible bonds & notes** (cost: $143,000) |  | 181 |
| Common stock and other investments 1.24%<br> **Financials 0.69%**<br>| Shares |  |
| Kasper 2, LP <sup>(b)(n)(o)</sup> <br>| 11651745 | 1242 |
| KKR Maguire Aggregator, LLC <sup>(b)(n)(o)</sup> <br>| 318152 | 318 |
|  |  | 1560 |
| **Industrials 0.55%** |  |  |
| KSC I Aircraft, LP <sup>(b)(n)(o)</sup> <br>| 1262183 | 1264 |
| **Energy 0.00%** |  |  |
| New Fortress Energy, Inc., Class A <sup>(n)</sup> <br>| 4124 | 2 |
| **Total common stock and other investments** (cost: $2,771,000) |  | 2826 |

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Capital Group KKR Core Plus+ — Page 18 of 26

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**unaudited**

---

| | | |
|:---|:---|:---|
| Short-term securities 2.27%<br> **Money market investments 2.27%**<br>| Shares | Value<br> (000)<br>|
| Capital Group Central Cash Fund 3.71% <sup>(p)(q)</sup>  | 51531 | $5153 |
| **Total short-term securities** (cost: $5,153,000) |  | 5153 |
| **Total investment securities 99.36%** (cost: $226,251,000) | **Total investment securities 99.36%** (cost: $226,251,000) | 225887 |
| Other assets less liabilities 0.64% |  | 1448 |
| **Net assets 100.00%** | **Net assets 100.00%** | $227335 |

---

Futures contracts

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 308 | 6/30/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD63,893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(448)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 622 | 6/30/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (685)<br>|
| 10 Year U.S. Treasury Note Futures | Long | 143 | 6/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (314)<br>|
| 10 Year Ultra U.S. Treasury Note Futures | Short | 70 | 6/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7946)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145 |
| U.S. Treasury Long Term Bonds Futures | Long | 46 | 6/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (170)<br>|
| U.S. Treasury Ultra Long-Term Bonds Futures | Long | 39 | 6/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (140)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(1612)<br>|

---

Forward currency contracts

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency purchased <br>(000) | Currency purchased <br>(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| USD | 124 | EUR | 105 | Citibank | 4/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3 |
| EUR | 105 | USD | 120 | Citibank | 4/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| USD | 1370 | NOK | 13270 | HSBC Bank | 4/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(k)</sup><br>|
| USD | 121 | EUR | 105 | Citibank | 5/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3 |

---

Swap contracts

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| SOFR | Annual | 3.482% | Annual | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10/2/2032 | USD2,824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $36 |
| SOFR | Annual | 3.648% | Annual | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10/2/2035 | 2560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $76 |

---

Capital Group KKR Core Plus+ — Page 19 of 26

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**unaudited**

Swap contracts (continued)

------

**Credit default swaps**

**Centrally cleared credit default swaps on credit indices — buy protection** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Reference <br>index<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financing <br>rate paid<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 3/31/2026 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| CDX.NA.HY.46 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6/20/2031 | USD2,023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $15 |

---

Investments in affiliates <sup>(q)</sup>

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>12/31/2025 <br>(000)<br>| Additions <br>(000)<br>| Reductions <br>(000)<br>| Net <br>realized <br>gain (loss) <br>(000)<br>| Net <br>unrealized <br>appreciation <br>(depreciation) <br>(000)<br>| Value at <br>3/31/2026 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 2.27%** | **Short-term securities 2.27%** | **Short-term securities 2.27%** | **Short-term securities 2.27%** | **Short-term securities 2.27%** | **Short-term securities 2.27%** | **Short-term securities 2.27%** | **Short-term securities 2.27%** |
| **Money market investments 2.27%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Group Central Cash Fund 3.71% <sup>(p)</sup> <br>| $8332 | &nbsp;&nbsp; $24400 | &nbsp;&nbsp; $27582 | &nbsp;&nbsp; $3 | &nbsp;&nbsp; $— <br><sup>(k)</sup><br>| &nbsp;&nbsp; $5153 | &nbsp;&nbsp; $34 |

---

Restricted securities <sup>(d)</sup>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonterra, LLC, Delayed Draw Term Loan, (3-month USD CME Term <br> SOFR + 4.75%) 8.396% 3/5/2032 <sup>(a)(b)(c)</sup> <br>| 5/29/2025 | $705<br>| $702 | 0.31<br> %<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonterra, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) <br> 8.428% 3/5/2032 <sup>(a)(b)(c)</sup> <br>| 4/24/2025 | 190<br>| 190 | 0.08 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonterra, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) <br> 8.422% 3/5/2032 <sup>(a)(b)(c)</sup> <br>| 4/24/2025 - 8/27/2025 | 3967<br>| 3971 | 1.75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truck-Lite Co., LLC, Delayed Draw Term Loan, (3-month USD CME <br> Term SOFR + 4.75%) 8.421% 2/13/2032 <sup>(a)(b)(c)</sup> <br>| 6/17/2025 | 109<br>| 109 | 0.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truck-Lite Co., LLC, Delayed Draw Term Loan, (3-month USD CME <br> Term SOFR + 4.75%) 8.437% 2/13/2032 <sup>(a)(b)(c)</sup> <br>| 6/17/2025 | 29<br>| 29 | 0.02 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truck-Lite Co., LLC, Term Loan, (3-month USD CME Term SOFR + <br> 4.75%) 8.419% 2/13/2032 <sup>(a)(b)(c)</sup> <br>| 6/17/2025 - 8/27/2025 | 142<br>| 142 | 0.06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truck-Lite Co., LLC, Term Loan, (3-month USD CME Term SOFR + <br> 4.75%) 8.419% 2/13/2032 <sup>(a)(b)(c)</sup> <br>| 6/17/2025 - 8/27/2025 | 3883<br>| 3847 | 1.69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Packaging Coordinators Midco, Inc., Term Loan, (3-month USD CME <br> Term SOFR + 5.00%) 8.667% 10/15/2032 <sup>(a)(b)(c)</sup> <br>| 8/27/2025 | 4008<br>| 4007 | 1.76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MEDX Holdings, LLC, Term Loan, (1-month USD CME Term SOFR + <br> 4.50%) 8.168% 7/21/2032 <sup>(a)(b)(c)</sup> <br>| 7/21/2025 - 8/27/2025 | 3696<br>| 3729 | 1.64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TPSI Receivables, LLC, Revolver, (3-month USD CME Term SOFR + <br> 4.75%) 8.414% 1/24/2029 <sup>(a)(b)(c)</sup> <br>| 4/24/2025 | 3409<br>| 3461 | 1.52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fortna AR, LLC, Revolver, (3-month USD CME Term SOFR + 4.75%) <br> 8.421% 6/1/2029 <sup>(a)(b)(c)</sup> <br>| 4/24/2025 | 3199<br>| 3238 | 1.42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Integrity Marketing Acquisition, LLC, Term Loan, (3-month USD CME <br> Term SOFR + 5.00%) 8.673% 8/25/2028 <sup>(a)(b)(c)</sup> <br>| 4/24/2025 | 3170<br>| 3176 | 1.40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Low Voltage Holdings, Inc., Term Loan, (3-month USD CME Term <br> SOFR + 4.75%) 8.45% 4/28/2032 <sup>(a)(b)(c)</sup> <br>| 4/30/2025 - 5/29/2025 | 2566<br>| 2609 | 1.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FSS Buyer, LLC, Term Loan, (3-month USD CME Term SOFR + 4.50%) <br> 8.168% 8/29/2031 <sup>(a)(b)(c)</sup> <br>| 4/24/2025 | 2455<br>| 2465 | 1.08 |

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Capital Group KKR Core Plus+ — Page 20 of 26

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**unaudited**

Restricted securities <sup>(d)</sup> (continued)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition<br> date(s)<br>| Cost<br> (000)<br>| Value<br> (000)<br>| Percent<br> of net<br> assets<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dispatch Acquisition Holdings, LLC, Revolver, (3-month USD CME <br> Term SOFR + 2.775%) 8.45% 11/19/2032 <sup>(a)(b)(c)</sup> <br>| 11/19/2025 | $71<br>| $71 | 0.03<br> %<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dispatch Acquisition Holdings, LLC, Term Loan, (3-month USD CME <br> Term SOFR + 4.75%) 8.422% 11/19/2032 <sup>(a)(b)(c)</sup> <br>| 11/19/2025 | 842<br>| 842 | 0.37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oak Funding, LLC, Term Loan, (3-month USD CME Term SOFR + <br> 4.50%) 8.168% 12/2/2032 <sup>(a)(b)(c)</sup> <br>| 12/2/2025 | 907<br>| 907 | 0.40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Higginbotham Insurance Agency, Inc., Term Loan, (3-month USD <br> CME Term SOFR + 4.50%) 8.168% 6/11/2031 <sup>(a)(b)(c)</sup> <br>| 12/11/2025 | 850<br>| 846 | 0.37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medmark Media Communications, Inc., Term Loan, (3-month USD <br> CME Term SOFR + 5.25%) 8.95% 2/16/2030 <sup>(a)(b)(c)</sup> <br>| 12/4/2025 | 825<br>| 825 | 0.36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Webpros Holding SARL, Term Loan, (3-month USD CME Term SOFR <br> + 5.00%) 8.671% 12/4/2032 <sup>(a)(b)(c)</sup> <br>| 12/5/2025 | 804<br>| 801 | 0.35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jamestown Funding Trust, Term Loan, (1-month USD CME Term <br> SOFR + 2.20%) 5.83% 6/15/2072 <sup>(a)(b)(c)</sup> <br>| 6/13/2025 | 430<br>| 430 | 0.19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jamestown Funding Trust, Term Loan, (1-month USD CME Term <br> SOFR + 3.15%) 6.78% 6/15/2072 <sup>(a)(b)(c)</sup> <br>| 6/13/2025 | 344<br>| 344 | 0.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; John Wood Group PLC, Revolver, (3-month USD CME Term SOFR + <br> 5.50%) 9.169% 10/31/2028 <sup>(a)(b)(c)</sup> <br>| 9/9/2025 | 720<br>| 719 | 0.32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Safety Borrower Holdings, LLC, Revolver, (3-month USD CME Term <br> SOFR + 4.75%) 10.50% 12/20/2032 <sup>(a)(b)(c)</sup> <br>| 12/19/2025 | 3<br>| 3 | 0.00 <br><sup>(r)</sup><br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Safety Borrower Holdings, LLC, Term Loan, (3-month USD CME Term <br> SOFR + 4.75%) 8.418% 12/20/2032 <sup>(a)(b)(c)</sup> <br>| 12/19/2025 | 605<br>| 602 | 0.27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ClubCorp Holdings, Inc., Term Loan, (3-month USD CME Term SOFR <br> + 4.75%) 8.418% 7/9/2032 <sup>(a)(b)(c)</sup> <br>| 7/10/2025 | 421<br>| 422 | 0.19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grayrock Fund IV ABS Issuer, LLC, Series 2026-2, Class A, 5.759% <br> 2/15/2041 <sup>(b)(i)(j)</sup> <br>| 3/5/2026 | 341<br>| 341 | 0.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grayrock Fund IV ABS Issuer, LLC, Series 2026-2, Class B, 10.278% <br> 2/15/2041 <sup>(b)(i)(j)</sup> <br>| 3/5/2026 | 81<br>| 81 | 0.04 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Woolpert Holdings, Inc., Delayed Draw Term Loan, (3-month USD <br> CME Term SOFR + 4.50%) 8.276% 4/5/2032 <sup>(a)(b)(c)</sup> <br>| 9/26/2025 | 31<br>| 31 | 0.01 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Woolpert Holdings, Inc., Term Loan, (3-month USD CME Term SOFR <br> + 4.50%) 8.268% 4/5/2032 <sup>(a)(b)(c)</sup> <br>| 9/26/2025 | 359<br>| 360 | 0.16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Woolpert, Inc., Revolver, (3-month USD CME Term SOFR + 4.50%) <br> 8.275% 4/5/2031 <sup>(a)(b)(c)</sup> <br>| 9/26/2025 | 13<br>| 13 | 0.01 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Koala Investment Holdings, Inc., Term Loan, (3-month USD CME <br> Term SOFR + 4.25%) 7.95% 8/29/2032 <sup>(a)(b)(c)</sup> <br>| 8/29/2025 | 275<br>| 275 | 0.12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Railpros, Inc., Delayed Draw Term Loan, (3-month USD CME Term <br> SOFR + 4.50%) 7.915% 5/24/2032 <sup>(a)(b)(c)</sup> <br>| 8/4/2025 | 13<br>| 13 | 0.01 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Railpros, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) <br> 7.915% 5/24/2032 <sup>(a)(b)(c)</sup> <br>| 8/4/2025 | 142<br>| 142 | 0.06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NFE Brazil Financing, Ltd. 15.00% PIK or 15.00% Cash <br>8/30/2029 <sup>(b)(e)</sup> <br>| 2/17/2026 | 122<br>| 122 | 0.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Navex Global Holding Co., (3-month USD CME Term SOFR + 5.00%) <br> 8.678% 10/14/2032 <sup>(a)(b)(c)</sup> <br>| 10/14/2025 | 91<br>| 91 | 0.04 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Med-Metrix, LLC, Delayed Draw Term Loan, (3-month USD CME <br> Term SOFR + 4.50%) 8.176% 7/21/2032 <sup>(a)(b)(c)</sup> <br>| 7/21/2025 | 3<br>| 3 | 0.00 <br><sup>(r)</sup><br>|
| **Total** |  | $39821 | $39959 | 17.58<br> %<br>|

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

Capital Group KKR Core Plus+ — Page 21 of 26

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**unaudited**

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

<sup>(a)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale.

<sup>(b)</sup> Value determined using significant unobservable inputs.

<sup>(c)</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. 

<sup>(d)</sup> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933.

<sup>(e)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(f)</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $62,061,000, which represented 27.30% of the net assets of the fund. 

<sup>(g)</sup> Step bond; coupon rate may change at a later date.

<sup>(h)</sup> Scheduled interest and/or principal payment was not received.

<sup>(i)</sup> Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.

<sup>(j)</sup> Represents securities transacted on a TBA basis.

<sup>(k)</sup> Amount less than one thousand.

<sup>(l)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $2,220,000, which represented 0.98% of the net assets of the fund. 

<sup>(m)</sup> Index-linked bond whose principal amount moves with a government price index.

<sup>(n)</sup> Non-income producing.

<sup>(o)</sup> Special purpose vehicle.

<sup>(p)</sup> Rate represents the seven-day yield at 3/31/2026.

<sup>(q)</sup> Affiliate of the fund or part of the same "group of investment companies" as the fund, as defined under the Investment Company Act of 1940, as amended.

<sup>(r)</sup> Amount less than 0.01%.

Valuation disclosures

------

Capital Research and Management Company ("CRMC"), the fund's investment adviser, values the fund's investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.

**Methods and inputs** — The fund's investment adviser uses the following methods and inputs to establish the fair value of the fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Equity securities, including depositary receipts, exchange-traded funds, and certain convertible preferred stocks that trade on an exchange or market, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.

Capital Group KKR Core Plus+ — Page 22 of 26

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**unaudited**

Fixed-income securities, including short-term securities and loans other than directly originated loans, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Example of standard inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp; All | &nbsp;&nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral characteristics or performance and other reference <br> data (collectively referred to as "standard inputs")<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
| &nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed; asset-backed obligations | &nbsp;&nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, credit enhancements and specific deal <br> information<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal securities | &nbsp;&nbsp;&nbsp; Standard inputs and, for certain distressed securities, cash flows or <br> liquidation values using a net present value calculation based on <br> inputs that include, but are not limited to, financial statements and debt <br> contracts<br>|

---

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. The Capital Group Central Cash Fund ("CCF"), a fund within the Capital Group Central Fund Series ("Central Funds"), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF's portfolio securities. The underlying securities are valued based on the policies and procedures in CCF's statement of additional information. Exchange-traded futures are generally valued at the official settlement price of the exchange or market on which such instruments are traded, as of the close of business on the day the futures are begin valued. As of March 31, 2026, the average month-end notional amount of futures contracts while held was $161,043,000. Forward currency contracts are valued based on the spot and forward exchange rates obtained from a third-party pricing vendor. The average month-end notional amount of open forward currency contracts while held was $1,673,000. Swaps are generally valued using evaluated prices obtained from third-party pricing vendors who calculate these values based on market inputs that may include the yields of the indices referenced in the instrument and the relevant curve, dealer quotes, default probabilities and recovery rates, and terms of the contract. The average month-end notional amounts of interest rate swaps and credit default swaps while held were $12,386,000 and $2,597,000, respectively.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund's investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund's investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. Directly originated loans are valued on an individual loan basis. The fair value of each loan may be informed by the inputs of third-party services. These valuations will incorporate borrower-specific information such as credit performance, significant events affecting the borrower or underlying collateral, and relevant market developments each business day that the New York Stock Exchange is open. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The fund's board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results

Capital Group KKR Core Plus+ — Page 23 of 26

------

**unaudited**

of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

**Classifications** — The fund's investment adviser classifies the fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund's valuation levels as of March 31, 2026, were as follows (dollars in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities**  | **Investment securities**  | **Investment securities**  | **Investment securities**  |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans | $— | $1129 | $74467 | $75596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds and notes |  | 61659 | 2849 | 64508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed obligations |  | 32887 |  | 32887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-backed obligations |  | 26469 | 3724 | 30193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury bonds & notes |  | 13621 |  | 13621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies outside <br> the U.S.<br>|  | 922 |  | 922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Convertible bonds & notes |  | 181 |  | 181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stock and other investments | 2 |  | 2824 | 2826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities | 5153 |  |  | 5153 |
| Total | $5155 | $136868 | $83864 | $225887 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\***  | **Other investments\***  | **Other investments\***  | **Other investments\***  |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on futures contracts | $145 | $— | $— | $145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on forward currency contracts |  | 4 |  | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on centrally cleared interest rate swaps |  | 76 |  | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on centrally cleared credit default swaps |  | 15 |  | 15 |
| **Liabilities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on futures contracts | (1757)<br>|  |  | (1757)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on forward currency contracts |  | (1)<br>|  | (1)<br>|
| Total | $(1612)<br>| $94 | $— | $(1518)<br>|

---

\*

Futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the fund's investment portfolio.

Capital Group KKR Core Plus+ — Page 24 of 26

------

**unaudited**

The following table reconciles the valuation of the fund's Level 3 investment securities and related transactions for the period ended March 31, 2026 (dollars in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Loans** | **Corporate bonds** <br>**and notes**<br>| **Asset-backed** <br>**obligations**<br>| **Common stock and** <br>**other investments**<br>| **Total** |
| Beginning value at December 31, 2025 | &nbsp;&nbsp; $72782 | &nbsp;&nbsp; $2731 | &nbsp;&nbsp; $5425 | &nbsp;&nbsp; $2234 | &nbsp;&nbsp; $83172 |
| Transfers into Level 3\* | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Purchases | &nbsp;&nbsp; 4068 | &nbsp;&nbsp; 121 | &nbsp;&nbsp; 935 | &nbsp;&nbsp; 721 | &nbsp;&nbsp; 5845 |
| Sales and paydowns | &nbsp;&nbsp; (2028)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (2638)<br>| &nbsp;&nbsp; (162)<br>| &nbsp;&nbsp; (4828)<br>|
| Accrued premiums/discounts | &nbsp;&nbsp; 17 | &nbsp;&nbsp; — | &nbsp;&nbsp; (7)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 10 |
| Net realized gain (loss) | &nbsp;&nbsp; 2 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 5 |
| Unrealized appreciation (depreciation) | &nbsp;&nbsp; (374)<br>| &nbsp;&nbsp; (3)<br>| &nbsp;&nbsp; 9 | &nbsp;&nbsp; 28 | &nbsp;&nbsp; (340)<br>|
| Transfers out of Level 3\* | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Ending value at March 31, 2026 | &nbsp;&nbsp; $74467 | &nbsp;&nbsp; $2849 | &nbsp;&nbsp; $3724 | &nbsp;&nbsp; $2824 | &nbsp;&nbsp; $83864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation (depreciation) on Level 3 investment <br> securities held at March 31, 2026<br>| &nbsp;&nbsp; $(374)<br>| &nbsp;&nbsp; $(3)<br>| &nbsp;&nbsp; $9 | &nbsp;&nbsp; $28 | &nbsp;&nbsp; $(340)<br>|

---

\*

Transfers into or out of Level 3 are based on the beginning market value of the quarter in which they occurred. These transfers are the result of changes in the availability of pricing sources and/or in the observability of significant inputs used in valuing the securities.

**Unobservable inputs** — Valuation of the fund's Level 3 securities is based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The following table provides additional information used by the fund's investment adviser to fair value the fund's Level 3 securities (dollars in thousands):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Value at** <br>**3/31/2026**<br>| &nbsp;&nbsp; **Valuation** <br>**techniques**<br>| &nbsp;&nbsp; **Unobservable** <br>**inputs**<br>| **Range** <br>**(if applicable)**<br>| &nbsp;&nbsp; **Weighted** <br>**average\***<br>| &nbsp;&nbsp; **Impact to** <br>**valuation from** <br>**an increase in** <br>**input**<sup>†</sup> <br>|
| Loans | $74467 | Yield analysis | Yield | 6% - 12% | 8% | Decrease |
| Loans | $74467 | Yield analysis | Discount margin | 2% - 8% | 5% | Decrease |
| Loans | $74467 | Transaction | Transaction price | Not applicable | Not applicable | Not applicable |
| Corporate bonds and <br> notes | $2849 | Yield analysis | Yield | 6% | 6% | Decrease |
| Corporate bonds and <br> notes | $2849 | Transaction | Transaction price | Not applicable | Not applicable | Not applicable |
| Asset-backed obligations | $3724 | Yield analysis | Yield | 5% - 17% | 6% | Decrease |
| Asset-backed obligations | $3724 | Transaction | Transaction price | Not applicable | Not applicable | Not applicable |
| Common stock and other <br> investments<br>| $2824 | Yield analysis | Yield | 10% - 17% | 12% | Decrease |
| Total | $83864 |  |  |  |  |  |

---

\*

Weighted average is by relative fair value.

<sup>†</sup>

This column represents the directional change in fair value of the Level 3 securities that would result in an increase from the corresponding input. <br>Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements.

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| DAC = Designated Activity Company |
| EUR = Euro |
| EURIBOR = Euro Interbank Offered Rate |

---

---

| |
|:---|
| NOK = Norwegian Krone |
| PIK = Payment In Kind |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. Dollar |
| UST = U.S. Treasury |

---

Capital Group KKR Core Plus+ — Page 25 of 26

------

**unaudited**

**Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.**

**Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.**

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Capital Client Group, Inc.© 2026 Capital Group. All rights reserved.

PVGEFP1-400-0526

Capital Group KKR Core Plus+ — Page 26 of 26

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Capital Group KKR Core Plus (plus)

- **b. Investment Company Act file number:** 811-24016

- **c. CIK number of Registrant:** 0002040315

- **d. LEI of Registrant:** 254900FNR428RJ1XK344

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

  - **Street Address 1:** 6455 Irvine Center Drive

  - **City:** Irvine

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92618

  - **Telephone number:** 949-975-5000

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

- **a. Name of Series:** Capital Group KKR Core Plus (plus)

- **c. LEI of Series:** 254900FNR428RJ1XK344

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $231540564.03

**Total Liabilities:** $4808237.46

**Net Assets:** $226732326.57

**Delayed Delivery Securities:** $250000.00

**Stand-by Commitments:** $557174.61

**Cash Not Reported:** $2625963.03

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 20.30549000 | **1-Year:** 4331.42680000 | **5-Year:** 16145.84296000 | **10-Year:** 14099.51782000 | **30-Year:** 1611.63074000

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

- **3-Month:** 45.34180000 | **1-Year:** 3859.54026000 | **5-Year:** 10106.41610000 | **10-Year:** 6497.14908000 | **30-Year:** 15.09123000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000004 | 0.35%                | 1.25%                | -1.56%               |
| Class ID C000000005 | 0.35%                | 1.25%                | -1.57%               |
| Class ID C000000002 | 0.33%                | 1.23%                | -1.57%               |
| Class ID C000000006 | 0.26%                | 1.18%                | -1.63%               |
| Class ID C000000001 | 0.31%                | 1.21%                | -1.60%               |
| Class ID C000000003 | 0.33%                | 1.24%                | -1.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $149150.71               | $-210832.19                                |
| Month 2  | $102877.99               | $707280.01                                 |
| Month 3  | $-31234.60               | $-2822438.78                               |

**Designated Index Information**

- **Index Name:** 60% U.S. Corporate Investment Grade 40% U.S. Corporate High Yield

- **Index Identifier:** 39425

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Federal National Mortgage Association                                                                             | FN MA5531                                                            | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1921376 | PA      | $1932217.18   | 0.85%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MULTIFAMILY CONNECTICUT AVENUE SECU                                                                               | MCAS 2025-01 M2                                                      | CUSIP: 62549CAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    258000 | PA      | $258927.15    | 0.11%             | 2055-05-25      | Floating      | 6.76%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                                | META 5.75 11/15/65                                                   | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     71000 | PA      | $65996.85     | 0.03%             | 2065-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                                       | HERTZ 2022-2A A                                                      | CUSIP: 42806MAN9<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $489054.05    | 0.22%             | 2028-06-25      | Fixed         | 2.33%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V2.884 10/22/30 MTN                                              | CUSIP: 06051GHX0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141908.78    | 0.06%             | 2030-10-22      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-3                                                                                           | UNLOK 2025-3 A                                                       | CUSIP: 914919AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1983458 | PA      | $1946603.15   | 0.86%             | 2041-12-26      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Huntington National Bank of Ohio                                                                                  | HACLN 2026-1 C                                                       | CUSIP: 44644NAX7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |    792000 | PA      | $793104.80    | 0.35%             | 2034-02-21      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL                                                               | Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18084 | PA      | $18097.04     | 0.01%             | 2055-12-25      | Floating      | 1.20%                 | No            |                  3 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.                              | CHTR 3.7 04/01/51                                                    | CUSIP: 161175BV5<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    180000 | PA      | $111512.27    | 0.05%             | 2051-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                                                       | FMCN 6.375 02/15/36 144A                                             | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $86650.81     | 0.04%             | 2036-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                                                             | DTV 5.875 08/15/27 144A                                              | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     29000 | PA      | $28987.27     | 0.01%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                                         | GS V4.516 01/21/32                                                   | CUSIP: 38145GAR1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50237.66     | 0.02%             | 2032-01-21      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| ACHD TRUST 2025-DS1                                                                                               | ACHD 2025-DS1 A                                                      | CUSIP: 00092TAA3<br>LEI: 529900TKZUWQLIQN6T48 | Long             | ABS-CBDO         | CORP              | US        |     63132 | PA      | $63236.55     | 0.03%             | 2034-01-09      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| Vibrantz Technologies Inc - Revolver 1L 12/25                                                                     | Vibrantz Technologies Inc - Revolver 1L 12/25                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1360732 | PA      | $1360731.54   | 0.60%             | 2029-04-23      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| PacifiCorp.                                                                                                       | BRKHEC 5.45 04/15/33                                                 | CUSIP: 695114DP0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150532.44    | 0.07%             | 2033-04-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Amwins Group Inc                                                                                                  | AMWINS 4.875 06/30/29 144A                                           | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67113.08     | 0.03%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Texas Instruments Inc.                                                                                            | TXN 5.15 02/08/54                                                    | CUSIP: 882508CJ1<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     85000 | PA      | $78809.05     | 0.03%             | 2054-02-08      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CAPITAL GROUP CENTRAL FUND SERIES                                                                                 | Capital Research & Management Co. CASH FD CL M                       | CUSIP: 14020B102<br>LEI: 254900MNYGACE2FEJ867 | Long             | STIV             | RF                | US        |     50757 | NS      | $5075208.55   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2022-DNA3                                                                           | STACR 2022-DNA3 M1B                                                  | CUSIP: 35564KUX5<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-O            | USGSE             | US        |   1561055 | PA      | $1589768.11   | 0.70%             | 2042-04-25      | Floating      | 6.56%                 | Yes           |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                                                                               | ARDGRP 7.75 02/15/31 144A                                            | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $202491.40    | 0.09%             | 2031-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Private Credit Corp.                                                                                | GSCRED 5.05 02/23/28 144A                                            | CUSIP: 38152BAJ0<br>LEI: 549300TD27G6372IYJ65 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51230.93     | 0.02%             | 2028-02-23      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                                              | JPM V5.572 04/22/36                                                  | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231946.77    | 0.10%             | 2036-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS LLC                                                                                        | AMNPHA 6.875 08/01/32 144A                                           | CUSIP: 03168LAA3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36074.43     | 0.02%             | 2032-08-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Amgen Inc.                                                                                                        | AMGN 5.5 02/19/46                                                    | CUSIP: 031162DX5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    155000 | PA      | $149065.75    | 0.07%             | 2046-02-19      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                                             | FR RA6771                                                            | CUSIP: 3133KNQY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204340 | PA      | $164845.21    | 0.07%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 5 02/01/28 144A                                                 | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $129011.40    | 0.06%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                                                                              | CCL 6.125 02/15/33 144A                                              | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    160000 | PA      | $161684.80    | 0.07%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Hyatt Hotels Corporation                                                                                          | H 5.75 03/30/32                                                      | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    175000 | PA      | $179864.26    | 0.08%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 4.4 02/15/33                                                   | CUSIP: 02079KBL0<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31610.71     | 0.01%             | 2033-02-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Methanex Corporation                                                                                              | MXCN 5.125 10/15/27                                                  | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99436.04     | 0.04%             | 2027-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 7.375 02/01/36 144A                                             | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99674.17     | 0.04%             | 2036-02-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                                                    | MEX 4.75 04/27/32                                                    | CUSIP: 91087BAK6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $192395.00    | 0.08%             | 2032-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III LLC                                                                                 | LYB 5.5 03/01/34                                                     | CUSIP: 50249AAM5<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18894.68     | 0.01%             | 2034-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                                                              | NEFINA 8 04/15/30 144A                                               | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $41204.47     | 0.02%             | 2030-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                                                           | UNH 5.625 07/15/54                                                   | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119221.06    | 0.05%             | 2054-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corporation                                                                                         | UNP 5.6 12/01/54                                                     | CUSIP: 907818GH5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     73000 | PA      | $71597.83     | 0.03%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                                | META 4.875 11/15/35                                                  | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    276000 | PA      | $270877.29    | 0.12%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wand Newco 3 Inc                                                                                                  | CALCOL 7.625 01/30/32 144A                                           | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20460.64     | 0.01%             | 2032-01-30      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Block Inc                                                                                                         | XYZ 6 08/15/33 144A                                                  | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68915.95     | 0.03%             | 2033-08-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V4.238 01/09/30                                                   | CUSIP: 61748UAR3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173270.71    | 0.08%             | 2030-01-09      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| Ardian US LLC - TL 1L 07/25                                                                                       | Ardian US LLC - TL 1L 07/25                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    632651 | PA      | $632650.61    | 0.28%             | 2028-12-31      | Floating      | 6.20%                 | No            |                  3 | On Loan: No      |
| FLEXENTIAL ISSUER LLC 2021-1                                                                                      | FLX 2026-3A A2                                                       | CUSIP: 33938MAQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    436000 | PA      | $429461.00    | 0.19%             | 2061-03-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Llc / Oxford Finance Co-Issuer Ii Inc                                                              | OXDFLL 6.375 02/01/27                                                | CUSIP: 69145LAC8<br>LEI: 549300LDNS0EYYWL5V49 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59512.52     | 0.03%             | 2027-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 4.75 03/15/36                                                   | CUSIP: 00287YEG0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20611.56     | 0.01%             | 2036-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Company                                                                                         | ARAMCO 4.375 02/02/31 144A                                           | CUSIP: 80415RAA9<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    200000 | PA      | $194560.50    | 0.09%             | 2031-02-02      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                   | CVS 6.2 09/15/55                                                     | CUSIP: 126650EL0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39654.00     | 0.02%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                                                                             | HIGTOW 6.75 04/15/29 144A                                            | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108096.37    | 0.05%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN BX4574                                                            | CUSIP: 3140N9CL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    454296 | PA      | $399756.64    | 0.18%             | 2053-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sunrun Inc - TL 1L 02/24 (Romulus)                                                                                | Sunrun Inc - TL 1L 02/24 (Romulus)                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    768935 | PA      | $772087.30    | 0.34%             | 2054-01-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| United States Treasury Notes                                                                                      | TII 0.125 01/15/30                                                   | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    316045 | PA      | $302477.30    | 0.13%             | 2030-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Harvest Midstream I LP                                                                                            | HARMID 7.5 09/01/28 144A                                             | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40410.04     | 0.02%             | 2028-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 7 02/01/33 144A                                                 | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $65243.70     | 0.03%             | 2033-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CNX Resources Corporation                                                                                         | CNX 5.875 03/01/34 144A                                              | CUSIP: 12653CAM0<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29237.60     | 0.01%             | 2034-03-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                                                                                   | HERTZ 2024-1A D                                                      | CUSIP: 42806MCS6<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    283000 | PA      | $288988.28    | 0.13%             | 2029-01-25      | Fixed         | 9.22%                 | Yes           |                  2 | On Loan: No      |
| Unisys Corp.                                                                                                      | UIS 10.625 01/15/31 144A                                             | CUSIP: 909214BX5<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |     79000 | PA      | $68034.03     | 0.03%             | 2031-01-15      | Fixed         | 10.62%                | Yes           |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                                                | NWL 6.625 05/15/32                                                   | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91012.76     | 0.04%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Coinbase Global Inc                                                                                               | COIN 3.625 10/01/31 144A                                             | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     90000 | PA      | $76156.36     | 0.03%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.                              | CHTR 3.85 04/01/61                                                   | CUSIP: 161175BY9<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    100000 | PA      | $58455.19     | 0.03%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EchoStar Corp.                                                                                                    | SATS 10.75 11/30/29 .                                                | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    230000 | PA      | $248599.13    | 0.11%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| PROS Holdings Inc - TL 1L 12/25                                                                                   | PROS Holdings Inc - TL 1L 12/25                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    896104 | PA      | $894311.79    | 0.39%             | 2032-01-15      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Discovery Global Holdings Inc.                                                                                    | WBD 5.141 03/15/52 *                                                 | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |      3000 | PA      | $1826.25      | 0.00%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                                                                   | BALN 5.3 03/26/34 144A                                               | CUSIP: 05523RAL1<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204916.00    | 0.09%             | 2034-03-26      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                 | HSBC V4.398 03/10/30                                                 | CUSIP: 404280FK0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    230000 | PA      | $228340.63    | 0.10%             | 2030-03-10      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Amphenol Corporation                                                                                              | APH 4.625 02/15/36                                                   | CUSIP: 032095BA8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    275000 | PA      | $266046.86    | 0.12%             | 2036-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                                | META 5.5 11/15/45                                                    | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     69000 | PA      | $65340.00     | 0.03%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 6.1 09/26/65                                                    | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82978.50     | 0.04%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                                                 | VENTGL 3.875 08/15/29 144A                                           | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66569.57     | 0.03%             | 2029-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                                                           | EQMSRM 9 05/15/28 144A                                               | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56879.96     | 0.03%             | 2028-05-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                                                  | AMZN 4.55 03/13/33                                                   | CUSIP: 023135DE3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    146000 | PA      | $144637.42    | 0.06%             | 2033-03-13      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LN TR 2024-INV3                                                                                     | COLT 2024-INV3 A1                                                    | CUSIP: 196919AA2<br>LEI: 2138006GN5HS2TH8G784 | Long             | ABS-O            | CORP              | US        |    113724 | PA      | $114026.20    | 0.05%             | 2069-09-25      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2020-DNA5                                                                           | STACR 2020-DNA5 B2                                                   | CUSIP: 35566ABE8<br>LEI: 5493000ITF7RKPWPZQ19 | Long             | ABS-O            | USGSE             | US        |    660000 | PA      | $907795.81    | 0.40%             | 2050-10-25      | Floating      | 15.16%                | Yes           |                  2 | On Loan: No      |
| KSC I Aircraft LP - Private Equity (SPV KSC I Aircraft LP)                                                        | KSC I Aircraft LP - Private Equity (SPV KSC I Aircraft LP)           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |   1262183 | NS      | $1263808.82   | 0.56%             |  |  |  | No            |                  3 | On Loan: No      |
| Eaton Corp.                                                                                                       | ETN 4.5 03/06/33                                                     | CUSIP: 278058DY5<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197316.21    | 0.09%             | 2033-03-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                                 | PNC V5.373 07/21/36                                                  | CUSIP: 693475CE3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100480.99    | 0.04%             | 2036-07-21      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS CORP                                                                                     | SATS 5.25 08/01/26                                                   | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $13350.74     | 0.01%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc.                                                                                        | CZR 7 02/15/30 144A                                                  | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30385.05     | 0.01%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                                                 | EPD 5.2 01/15/36                                                     | CUSIP: 29379VCL5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20117.17     | 0.01%             | 2036-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                                  | FN BR3771                                                            | CUSIP: 3140L2FM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    212896 | PA      | $171747.74    | 0.08%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Amentum Escrow Corp.                                                                                              | AMNTEC 7.25 08/01/32 144A                                            | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155364.75    | 0.07%             | 2032-08-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Peraton (fka Magnolia)                                                                                            | Peraton (fka Magnolia) Term Loan B 375 2028-02-07                    | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    405431 | PA      | $346474.37    | 0.15%             | 2028-02-01      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc.                                               | FRTITA 4.625 01/15/29 144A                                           | CUSIP: 31556TAA7<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57378.73     | 0.03%             | 2029-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 7.625 01/15/34 144A                                              | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107570.94    | 0.05%             | 2034-01-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 5.45 11/15/55                                                  | CUSIP: 02079KBA4<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    166000 | PA      | $160837.08    | 0.07%             | 2055-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Navient Corporation                                                                                               | NAVI 11.5 03/15/31                                                   | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71217.51     | 0.03%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Asbury Automotive Group, Inc.                                                                                     | ABG 4.625 11/15/29 144A                                              | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    110000 | PA      | $106409.64    | 0.05%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Bayer US Finance LLC                                                                                              | BAYNGR 6.25 01/21/29 144A                                            | CUSIP: 07274EAJ2<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207764.74    | 0.09%             | 2029-01-21      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                                  | ALIANT 6.5 10/01/31 144A                                             | CUSIP: 01883LAG8<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63907.84     | 0.03%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Humana Inc.                                                                                                       | HUM 5.375 04/15/31                                                   | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227481.01    | 0.10%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL SC FINANCE VII SRL                                                                                         | SEACO 2020-2A A                                                      | CUSIP: 37959PAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BB        |   2465036 | PA      | $2372550.90   | 1.05%             | 2040-11-17      | Fixed         | 2.26%                 | Yes           |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL (Jan26)                                                       | Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL (Jan26)          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     49947 | PA      | $50346.47     | 0.02%             | 2055-12-25      | Fixed         | 13.00%                | No            |                  3 | On Loan: No      |
| Honeywell Aerospace Inc.                                                                                          | HONA 4.3 03/16/31 144A                                               | CUSIP: 43849RAE5<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197903.74    | 0.09%             | 2031-03-16      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-3                                                                                           | UNLOK 2025-3 B                                                       | CUSIP: 914919AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    501000 | PA      | $482916.66    | 0.21%             | 2041-12-26      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Expand Energy Corp.                                                                                               | EXE 5.875 02/01/29 144A                                              | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30020.23     | 0.01%             | 2029-02-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Obx 2025-NQM14 Trust                                                                                              | OBX 2025-NQM14 A1A                                                   | CUSIP: 673924AA4<br>LEI: 254900T4WKE0IYMYAI09 | Long             | ABS-O            | CORP              | US        |    465886 | PA      | $465808.36    | 0.21%             | 2065-07-25      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Southern California Edison Company                                                                                | EIX 6.2 09/15/55                                                     | CUSIP: 842400JK0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49635.81     | 0.02%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC                                                                                          | NGL 8.125 02/15/29 144A                                              | CUSIP: 62922LAC2<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51540.15     | 0.02%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC3                                                          | MSRM 2025-DSC3 B1                                                    | CUSIP: 61779JAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    197199 | PA      | $193763.16    | 0.09%             | 2070-09-25      | Variable      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                                                                     | SM 8.625 11/01/30 144A                                               | CUSIP: 17888HAC7<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     20000 | PA      | $21113.62     | 0.01%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Infinity Natural Resources LLC                                                                                    | INFNAR 7.625 04/01/31 144A                                           | CUSIP: 45690BAA3<br>LEI: 54930021094IFVB5ND43 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25147.63     | 0.01%             | 2031-04-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Service Logic LLC - TL 1L 12/25                                                                                   | Service Logic LLC - TL 1L 12/25                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    711296 | PA      | $704609.48    | 0.31%             | 2032-12-16      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Hess Midstream Operations LP                                                                                      | HESM 5.5 10/15/30 144A                                               | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $79405.69     | 0.04%             | 2030-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                                                  | AMZN 4.875 03/13/36                                                  | CUSIP: 023135DF0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     86000 | PA      | $85249.44     | 0.04%             | 2036-03-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                                 | BRO 5.55 06/23/35                                                    | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    318000 | PA      | $317747.84    | 0.14%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                                                  | AMZN 5.45 11/20/55                                                   | CUSIP: 023135CW4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    365000 | PA      | $348942.15    | 0.15%             | 2055-11-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NFE Brazil Financing, Ltd. 15.00 8/30/2029                                                                        | NFE Brazil Financing, Ltd. 15.00 8/30/2029                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    121640 | PA      | $121640.32    | 0.05%             | 2029-08-30      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| Discovery Global Holdings Inc.                                                                                    | WBD 5.05 03/15/42 *                                                  | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    275000 | PA      | $181859.07    | 0.08%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WebPros Holding Sarl - TL 1L B 11/25                                                                              | WebPros Holding Sarl - TL 1L B 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    816327 | PA      | $801469.85    | 0.35%             | 2032-12-20      | Floating      | 8.67%                 | Yes           |                  3 | On Loan: No      |
| Xylem Kendall - TL 1L DD 06/25 (7th Amendment)                                                                    | Xylem Kendall - TL 1L DD 06/25 (7th Amendment)                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    210093 | PA      | $208475.15    | 0.09%             | 2030-04-22      | Floating      | 9.71%                 | No            |                  3 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                                                | LADR 5.5 08/01/30                                                    | CUSIP: 505742AS5<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30075.57     | 0.01%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                                                | PERU 2.78 12/01/60                                                   | CUSIP: 715638DQ2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    100000 | PA      | $52985.00     | 0.02%             | 2060-12-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN CB0844                                                            | CUSIP: 3140QK5E4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    791914 | PA      | $667001.69    | 0.29%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Woolpert Inc - Revolver 1L 09/25                                                                                  | Woolpert Inc - Revolver 1L 09/25                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     13361 | PA      | $13360.59     | 0.01%             | 2031-04-05      | Floating      | 8.27%                 | Yes           |                  3 | On Loan: No      |
| B.A.T. Capital Corporation                                                                                        | BATSLN 5.35 08/15/32                                                 | CUSIP: 05526DCB9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    265000 | PA      | $272171.24    | 0.12%             | 2032-08-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                                                       | U.S. Treasury Bond Futures, Jun-2026,ETH                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        46 | NC      | $-169517.59   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                                                                                         | UNP 3.5 02/14/53                                                     | CUSIP: 907818FZ6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10450.43     | 0.00%             | 2053-02-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oak-Eagle AcquireCo Inc.                                                                                          | EA 8.75 07/01/34 144A                                                | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36664.13     | 0.02%             | 2034-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Jeppesen Holdings LLC                                                                                             | Jeppesen Holdings LLC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1177202 | PA      | $1158837.18   | 0.51%             | 2032-10-31      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 6.125 05/15/30                                                   | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    330000 | PA      | $322913.55    | 0.14%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                                                          | T 3.5 09/15/53                                                       | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    225000 | PA      | $147650.81    | 0.07%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bonterra LLC - TL 1L DD 03/25                                                                                     | Bonterra LLC - TL 1L DD 03/25                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    708029 | PA      | $702293.97    | 0.31%             | 2032-03-05      | Floating      | 8.40%                 | Yes           |                  3 | On Loan: No      |
| Xylem Kendall - TL 1L 06/25                                                                                       | Xylem Kendall - TL 1L 06/25                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    724224 | PA      | $718647.75    | 0.32%             | 2030-04-22      | Floating      | 9.81%                 | No            |                  3 | On Loan: No      |
| American Credit Acceptance Receivables Trust 2014/1                                                               | ACAR 2023-1 E                                                        | CUSIP: 02530UAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $823301.60    | 0.36%             | 2029-12-12      | Fixed         | 9.79%                 | Yes           |                  2 | On Loan: No      |
| Rialto Capital Management LLC - TL 1L 12/24                                                                       | Rialto Capital Management LLC - TL 1L 12/24                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1764712 | PA      | $1782358.73   | 0.79%             | 2030-12-05      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Norfolk Southern Corporation                                                                                      | NSC 5.35 08/01/54                                                    | CUSIP: 655844CS5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93304.26     | 0.04%             | 2054-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                                                  | PCG 5.2 05/01/36                                                     | CUSIP: 694308LA3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121875.65    | 0.05%             | 2036-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Horizon CTS Buyer LLC - TL 1L 03/25                                                                               | Horizon CTS Buyer LLC - TL 1L 03/25                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3027482 | PA      | $3019610.85   | 1.33%             | 2032-03-28      | Floating      | 8.45%                 | No            |                  3 | On Loan: No      |
| WULF Compute LLC                                                                                                  | WULF 7.75 10/15/30 144A                                              | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $105731.50    | 0.05%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Texas Instruments Inc.                                                                                            | TXN 5.1 05/23/35                                                     | CUSIP: 882508CM4<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81067.18     | 0.04%             | 2035-05-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PacifiCorp.                                                                                                       | BRKHEC 5.1 04/15/31                                                  | CUSIP: 695114DN5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125356.35    | 0.06%             | 2031-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MA'ADEN SUKUK LTD                                                                                                 | MAADEN 5.25 01/29/36 144A                                            | CUSIP: 55407NAD4<br>LEI: 254900QDNU6I6VA8UL14 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $194640.94    | 0.09%             | 2036-01-29      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Flexera Software LLC - TL 1L 08/25                                                                                | Flexera Software LLC - TL 1L 08/25                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    350413 | PA      | $345191.85    | 0.15%             | 2032-08-15      | Floating      | 8.15%                 | No            |                  3 | On Loan: No      |
| CVS Health Corp                                                                                                   | CVS 6.05 06/01/54                                                    | CUSIP: 126650EF3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194212.97    | 0.09%             | 2054-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 4.95 03/15/31                                                   | CUSIP: 00287YDT3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    265000 | PA      | $270765.17    | 0.12%             | 2031-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Finance North America LLC                                                                          | DTRGR 5.25 01/13/30 144A                                             | CUSIP: 233853BD1<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203166.52    | 0.09%             | 2030-01-13      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN FM8720                                                            | CUSIP: 3140XCVN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    217452 | PA      | $175422.91    | 0.08%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ResaPowerLLC-TL1L04/25                                                                                            | ResaPowerLLC-TL1L04/25                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2583350 | PA      | $2609183.81   | 1.15%             | 2032-04-28      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Universal Entertainment Corp.                                                                                     | UETMF 9.875 08/01/29 144A                                            | CUSIP: 91349WAC2<br>LEI: 353800BBJTHSMSQ31V91 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $193758.22    | 0.09%             | 2029-08-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| CoreLogic, Inc.                                                                                                   | CLGX 4.5 05/01/28 144A                                               | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140959.32    | 0.06%             | 2028-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                | ET 5.2 04/01/30                                                      | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51131.30     | 0.02%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Kennedy Wilson Inc                                                                                                | KW 4.75 03/01/29                                                     | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39450.21     | 0.02%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V5.045 02/06/37                                                  | CUSIP: 060505GR9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    225000 | PA      | $222097.09    | 0.10%             | 2037-02-06      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                                          | AESOP 2022-1A B                                                      | CUSIP: 05377RFB5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    420000 | PA      | $418787.84    | 0.18%             | 2028-08-20      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V5.192 04/17/31                                                   | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152270.30    | 0.07%             | 2031-04-17      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Clean Harbors, Inc.                                                                                               | CLH 5.75 10/15/33 144A                                               | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74893.55     | 0.03%             | 2033-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Marriott International, Inc.                                                                                      | MAR 4.5 05/01/33                                                     | CUSIP: 571903BY8<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43498.11     | 0.02%             | 2033-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SSI ABS-2025-1 ISSUER LLC                                                                                         | SSI 2025-1 A                                                         | CUSIP: 78475CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    418554 | PA      | $415825.92    | 0.18%             | 2065-07-30      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                                                                          | LIND 7 09/15/30 144A                                                 | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25539.90     | 0.01%             | 2030-09-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Southern California Edison Company                                                                                | EIX 5.45 03/01/35                                                    | CUSIP: 842400JG9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175732.00    | 0.08%             | 2035-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                                                            | HBGCN 7.25 06/15/30 144A                                             | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    215000 | PA      | $220370.49    | 0.10%             | 2030-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                                | META 4.6 11/15/32                                                    | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    231000 | PA      | $228811.84    | 0.10%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class A                                                                 | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class A                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     72803 | PA      | $72802.88     | 0.03%             | 2036-03-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Pfizer Inc.                                                                                                       | PFE 4.5 11/15/32                                                     | CUSIP: 717081FE8<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223231.24    | 0.10%             | 2032-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN 5.625 03/15/31 144A                                              | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19922.37     | 0.01%             | 2031-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 4.125 03/15/31                                                  | CUSIP: 00287YEE5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39428.29     | 0.02%             | 2031-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                                                     | CNC 2.45 07/15/28                                                    | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27956.66     | 0.01%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| EMBARQ CORP                                                                                                       | EMBARQ 7.995 06/01/36                                                | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $32068.05     | 0.01%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LLP / Medline Co-Issuer Inc.                                                                     | MEDIND 6.25 04/01/29 144A                                            | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71416.30     | 0.03%             | 2029-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SECURITIZED TERM AUTO RECEIVABLES TRUST                                                                           | SSTRT 2026-A C                                                       | CUSIP: 81378WAG8<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | CA        |     36747 | PA      | $36695.95     | 0.02%             | 2033-03-25      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                                                   | LLY 5.1 02/12/35                                                     | CUSIP: 532457CX4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127586.33    | 0.06%             | 2035-02-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                                         | IRS USD                                                              | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $43039.60     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2024-SFR1 TRUST                                                                              | PROG 2024-SFR1 E2                                                    | CUSIP: 74331QAL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    664000 | PA      | $631085.72    | 0.28%             | 2041-02-20      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| Stepstone Boulder II, LP - TL 1L DD 03/26                                                                         | Stepstone Boulder II, LP - TL 1L DD 03/26                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    369000 | PA      | $369000.00    | 0.16%             | 2041-04-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                                                        | AMGN 5.65 02/19/56                                                   | CUSIP: 031162DY3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    134000 | PA      | $129994.61    | 0.06%             | 2056-02-19      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SUMMIT MIDSTREAM HOLDINGS LLC                                                                                     | SUMMPL 8.625 10/31/29 144A                                           | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $51455.35     | 0.02%             | 2029-10-31      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN 5.875 03/15/34 144A                                              | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29689.92     | 0.01%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Navient Corporation                                                                                               | NAVI 7.875 06/15/32                                                  | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    255000 | PA      | $227663.38    | 0.10%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 5.73 09/05/30                                                      | CUSIP: 345397H48<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199880.39    | 0.09%             | 2030-09-05      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 5.25 05/15/55                                                  | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    114000 | PA      | $107725.34    | 0.05%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR QX1642                                                            | CUSIP: 31425VZG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    216931 | PA      | $224423.58    | 0.10%             | 2054-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                                                     | RIG 7.875 10/15/32 144A                                              | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     15000 | PA      | $16037.85     | 0.01%             | 2032-10-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2020-HQA1                                                                           | STACR 2020-HQA1 B2                                                   | CUSIP: 35565JBE0<br>LEI: 549300TCRXCIFPAC3B85 | Long             | ABS-O            | USGSE             | US        |    440000 | PA      | $486818.24    | 0.21%             | 2050-01-25      | Floating      | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Novartis Capital Corporation                                                                                      | NOVNVX 4.9 03/18/36                                                  | CUSIP: 66989HBJ6<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29939.90     | 0.01%             | 2036-03-18      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN FM7751                                                            | CUSIP: 3140XBTH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    292060 | PA      | $235610.85    | 0.10%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Clarience Technologies LLC - TL 1L 06/25 (2025 Incremental)                                                       | Clarience Technologies LLC - TL 1L 06/25 (2025 Incremental)          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    143230 | PA      | $141798.10    | 0.06%             | 2032-02-13      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Clarience Technologies LLC - TL 1L DD-B 06/25                                                                     | Clarience Technologies LLC - TL 1L DD-B 06/25                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    110521 | PA      | $109416.12    | 0.05%             | 2032-02-13      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Crescent Energy Finance LLC                                                                                       | CRGYFN 7.375 01/15/33 144A                                           | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120059.32    | 0.05%             | 2033-01-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR SD0963                                                            | CUSIP: 3132DNB85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    525122 | PA      | $482441.86    | 0.21%             | 2052-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pike Group Inc - TL 1L 12/25                                                                                      | Pike Group Inc - TL 1L 12/25                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    734043 | PA      | $721197.25    | 0.32%             | 2032-12-17      | Floating      | 8.18%                 | No            |                  3 | On Loan: No      |
| Xylem Kendall - TL 1L DD-A 06/25 (6th Amendment)                                                                  | Xylem Kendall - TL 1L DD-A 06/25 (6th Amendment)                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     44218 | PA      | $43877.19     | 0.02%             | 2030-04-22      | Floating      | 9.71%                 | No            |                  3 | On Loan: No      |
| Union Pacific Corporation                                                                                         | UNP 2.95 03/10/52                                                    | CUSIP: 907818FW3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     14000 | PA      | $8741.15      | 0.00%             | 2052-03-10      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                                                           | UNH 5.3 06/15/35                                                     | CUSIP: 91324PFQ0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    420000 | PA      | $428662.57    | 0.19%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR QD6951                                                            | CUSIP: 3133B4WL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26751 | PA      | $21580.60     | 0.01%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AGS Health - TL 1L B 07/25                                                                                        | AGS Health - TL 1L B 07/25                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    223487 | PA      | $221251.65    | 0.10%             | 2032-07-31      | Floating      | 8.17%                 | No            |                  3 | On Loan: No      |
| Sotheby's - Revolver 1L 02/26                                                                                     | Sotheby's - Revolver 1L 02/26                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $500000.00    | 0.22%             | 2029-02-02      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Vermont Information Processing Inc - TL 1L 01/25                                                                  | Vermont Information Processing Inc - TL 1L 01/25                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1430901 | PA      | $1415018.15   | 0.62%             | 2032-01-30      | Floating      | 8.45%                 | No            |                  3 | On Loan: No      |
| Service Properties Trust                                                                                          | SVC 4.95 10/01/29                                                    | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    360000 | PA      | $326442.60    | 0.14%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                                                       | IONPLA 5 05/01/28 144A                                               | CUSIP: 46206AAE2<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |     39000 | PA      | $36468.59     | 0.02%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                                                                      | T 3.875 03/31/28                                                     | CUSIP: 91282CQH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2119800 | PA      | $2123112.19   | 0.94%             | 2028-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 7.122 11/07/33                                                     | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210193.98    | 0.09%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PG&E Corporation                                                                                                  | PCG 5.25 07/01/30                                                    | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    140000 | PA      | $138225.09    | 0.06%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG New York Branch                                                                                  | DB V4.725 02/06/32                                                   | CUSIP: 25160PAR8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $147758.24    | 0.07%             | 2032-02-06      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Company                                                                                      | BMY 5.55 02/22/54                                                    | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168625.29    | 0.07%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                                                | PERU 5.875 08/08/54                                                  | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     30000 | PA      | $28995.00     | 0.01%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Caturus Energy LLC                                                                                                | Caturus Energy LLC                                                   | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51916.75     | 0.02%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                                                                      | TII 0.125 04/15/26                                                   | CUSIP: 91282CCA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     62012 | PA      | $62065.29     | 0.03%             | 2026-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                                                     | UVN 8 08/15/28 144A                                                  | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60933.12     | 0.03%             | 2028-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                                         | GS V5.541 01/21/47                                                   | CUSIP: 38145GAT7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    225000 | PA      | $214583.54    | 0.09%             | 2047-01-21      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Takeoff Merger Subordinated Inc.                                                                                  | SUMIAL 4.85 03/24/31 144A                                            | CUSIP: 873923AE6<br>LEI: 984500DF5ACB4A114F45 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88909.28     | 0.04%             | 2031-03-24      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V2.299 07/21/32                                                  | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    250000 | PA      | $220768.80    | 0.10%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co Ltd.                                                                                              | NSANY 8.125 07/17/35 144A                                            | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    450000 | PA      | $463383.60    | 0.20%             | 2035-07-17      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 5.7 02/04/36                                                    | CUSIP: 68389XDZ5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    327000 | PA      | $314548.40    | 0.14%             | 2036-02-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                                                               | MEDIND 5.25 10/01/29 144A                                            | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    160000 | PA      | $158687.73    | 0.07%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                                                           | NXST 6.5 09/15/33 144A                                               | CUSIP: 65346UAB5<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226850.40    | 0.10%             | 2033-09-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Davita Inc                                                                                                        | DVA 6.75 07/15/33 144A                                               | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91630.62     | 0.04%             | 2033-07-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MMP CAPITAL 2025-A LLC                                                                                            | MMP 2025-A A                                                         | CUSIP: 55317QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     66440 | PA      | $66933.73     | 0.03%             | 2031-12-15      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                                      | HESM 4.25 02/15/30 144A                                              | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $120178.41    | 0.05%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PacifiCorp.                                                                                                       | BRKHEC 5.8 04/15/36                                                  | CUSIP: 695114DQ8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27227.46     | 0.01%             | 2036-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corporation                                                                                      | NOVNVX 5.6 03/18/46                                                  | CUSIP: 66989HBK3<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6013.53      | 0.00%             | 2046-03-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                                                        | BATSLN 4.625 03/22/33                                                | CUSIP: 054989AF5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     78000 | PA      | $76371.09     | 0.03%             | 2033-03-22      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC3                                                          | MSRM 2025-DSC3 B3                                                    | CUSIP: 61779JAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114728 | PA      | $104803.50    | 0.05%             | 2070-09-25      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| Citibank, National Association                                                                                    | USD/EUR FORWARD                                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $981.10       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.                              | CHTR 3.9 06/01/52                                                    | CUSIP: 161175CA0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    292000 | PA      | $186066.82    | 0.08%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corporation                                                                                      | NSC 4.45 03/01/33                                                    | CUSIP: 655844CQ9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18667.29     | 0.01%             | 2033-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Diebold Nixdorf Incorporated                                                                                      | DBD 7.75 03/31/30 144A                                               | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41693.52     | 0.02%             | 2030-03-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Visa Inc                                                                                                          | V 4.1 02/12/31                                                       | CUSIP: 92826CAZ5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224912.69    | 0.10%             | 2031-02-12      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| WMG Acquisition Corp.                                                                                             | WMG 3.875 07/15/30 144A                                              | CUSIP: 92933BAQ7<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32922.28     | 0.01%             | 2030-07-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2020-DNA6                                                                           | STACR 2020-DNA6 B2                                                   | CUSIP: 35566CBE4<br>LEI: 5493000ITBQFEOXM0S98 | Long             | ABS-O            | USGSE             | US        |   1095000 | PA      | $1276307.14   | 0.56%             | 2050-12-27      | Floating      | 9.31%                 | Yes           |                  2 | On Loan: No      |
| ViaSat                                                                                                            | ViaSat Term Loan B 450 2029-02-08                                    | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |    221980 | PA      | $222882.00    | 0.10%             | 2029-03-05      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| VetCorProfessionalPracticesLLC-TL1LB08/22                                                                         | VetCorProfessionalPracticesLLC-TL1LB08/22                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2634387 | PA      | $2564048.79   | 1.13%             | 2029-08-31      | Floating      | 9.42%                 | No            |                  3 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN MA5647                                                            | CUSIP: 31418FHZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2610973 | PA      | $2662968.49   | 1.17%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                                              | JPM V4.81 10/22/36                                                   | CUSIP: 46647PFE1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97133.18     | 0.04%             | 2036-10-22      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                                                                                  | MRSH 5 03/15/35                                                      | CUSIP: 571748CC4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298881.77    | 0.13%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 5.3 05/15/65                                                   | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45393.86     | 0.02%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Denali Water Solutions LLC - TL 1L 11/25                                                                          | Denali Water Solutions LLC - TL 1L 11/25                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     71795 | PA      | $71435.83     | 0.03%             | 2032-11-19      | Floating      | 8.40%                 | Yes           |                  3 | On Loan: No      |
| CNX Resources Corporation                                                                                         | CNX 7.375 01/15/31 144A                                              | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56547.43     | 0.02%             | 2031-01-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| American International Group Inc.                                                                                 | AIG 5.125 03/27/33                                                   | CUSIP: 026874DS3<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50535.97     | 0.02%             | 2033-03-27      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SSI ABS 2025-1 ISSUER LLC                                                                                         | SSI 2025-1 B                                                         | CUSIP: 78475CAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    393477 | PA      | $396031.58    | 0.17%             | 2065-07-30      | Fixed         | 7.82%                 | Yes           |                  2 | On Loan: No      |
| SVC ABS LLC                                                                                                       | SVC 2026-1A B                                                        | CUSIP: 78488JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    498000 | PA      | $492904.12    | 0.22%             | 2056-03-20      | Fixed         | 5.79%                 | Yes           |                  2 | On Loan: No      |
| Sphera Solutions Inc - TL 1L 09/25                                                                                | Sphera Solutions Inc - TL 1L 09/25                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    744328 | PA      | $721476.67    | 0.32%             | 2032-09-24      | Floating      | 8.17%                 | No            |                  3 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 6.5 06/15/34 144A                                             | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26039.55     | 0.01%             | 2034-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR SD8312                                                            | CUSIP: 3132DWGV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    761125 | PA      | $643475.37    | 0.28%             | 2053-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Levered - TL DD B 11/25 (Mezz)                                                                         | Sallie Mae Levered - TL DD B 11/25 (Mezz)                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    570174 | PA      | $570174.00    | 0.25%             | 2032-11-22      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Pacific Gas and Electric Company                                                                                  | PCG 5.7 03/01/35                                                     | CUSIP: 694308KU0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    475000 | PA      | $481701.10    | 0.21%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Learning Experience Corp/The - TL 1L 07/25                                                                        | Learning Experience Corp/The - TL 1L 07/25                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    662228 | PA      | $665936.48    | 0.29%             | 2032-07-01      | Floating      | 8.45%                 | No            |                  3 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class C                                                                 | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class C                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      7000 | PA      | $7000.28      | 0.00%             | 2036-03-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                                          | AESOP 2023-6A D                                                      | CUSIP: 05377RJU9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101641.99    | 0.04%             | 2029-12-20      | Fixed         | 7.37%                 | Yes           |                  2 | On Loan: No      |
| Unison Trust 2025-1                                                                                               | Unison Trust 2025-1 NTS USD (144A)                                   | CUSIP: 90920QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1498027 | PA      | $1403818.30   | 0.62%             | 2055-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                                                       | IONPLA 8.75 05/01/29 144@                                            | CUSIP: 46206AAD4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |    371000 | PA      | $345410.38    | 0.15%             | 2029-05-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Integrity Marketing Group LLC - TL 1L 08/24                                                                       | Integrity Marketing Group LLC - TL 1L 08/24                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3175614 | PA      | $3175613.87   | 1.40%             | 2028-08-25      | Floating      | 8.67%                 | Yes           |                  3 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                                         | GS V4.148 01/21/29                                                   | CUSIP: 38145GAP5<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    285000 | PA      | $283318.91    | 0.12%             | 2029-01-21      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                                         | GS V5.065 01/21/37                                                   | CUSIP: 38145GAS9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    225000 | PA      | $220060.06    | 0.10%             | 2037-01-21      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC3                                                          | MSRM 2025-DSC3 B2                                                    | CUSIP: 61779JAH2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225881 | PA      | $221085.39    | 0.10%             | 2070-09-25      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| Accendra Health Inc.                                                                                              | ACH 6.625 04/01/30 144A                                              | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    120000 | PA      | $57196.25     | 0.03%             | 2030-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Advance Auto Parts Inc.                                                                                           | AAP 3.9 04/15/30                                                     | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    180000 | PA      | $165414.65    | 0.07%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                                                          | T 4.75 04/30/33                                                      | CUSIP: 00206RNG3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    284000 | PA      | $281393.41    | 0.12%             | 2033-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UKG Inc.                                                                                                          | ULTI 6.875 02/01/31 144A                                             | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48908.52     | 0.02%             | 2031-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 R                                                                           | MESA Trust 2025-1 - MESA TRUST 2025-1 R                              | CUSIP: 590929AD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    134612 | PA      | $134854.30    | 0.06%             | 2060-06-25      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                                                                                 | TIBX 6.5 03/31/29 144A                                               | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $39062.21     | 0.02%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Keystone Agency Partners LLC - TL 1L 08/25                                                                        | Keystone Agency Partners LLC - TL 1L 08/25                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    276696 | PA      | $275312.52    | 0.12%             | 2032-05-31      | Floating      | 7.95%                 | Yes           |                  3 | On Loan: No      |
| Osaic Holdings Inc.                                                                                               | ADVGRO 6.75 08/01/32 144A                                            | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150129.74    | 0.07%             | 2032-08-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Tricon Residential 2023-SFR2 Trust                                                                                | TCN 2023-SFR2 A                                                      | CUSIP: 895978AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    129435 | PA      | $128635.25    | 0.06%             | 2040-12-19      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Industrial F And B Investments III Inc.                                                                           | THS 7.75 02/11/33 144A                                               | CUSIP: 456142AA6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101125.29    | 0.04%             | 2033-02-11      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Follett Software Co - TL 1L 04/25                                                                                 | Follett Software Co - TL 1L 04/25                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2464927 | PA      | $2464926.74   | 1.09%             | 2031-08-31      | Floating      | 8.17%                 | Yes           |                  3 | On Loan: No      |
| Biomarin Pharmaceutical Inc.                                                                                      | BMRN 5.5 02/15/34 144A                                               | CUSIP: 09061GAL5<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197052.30    | 0.09%             | 2034-02-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES CORP (THE)                                                                                          | HHH 4.125 02/01/29 144A                                              | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66267.52     | 0.03%             | 2029-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC3                                                          | MSRM 2025-DSC3 XS                                                    | CUSIP: 61779JAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6909336 | PA      | $393855.64    | 0.17%             | 2070-09-25      | Variable      | 1.92%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN FS6031                                                            | CUSIP: 3140XMVZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87076 | PA      | $70245.99     | 0.03%             | 2052-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Grayrock Energy IV LLC                                                                                            | Grayrock Energy IV LLC ABS 2041-02-15 USD                            | CUSIP: 389470AA3<br>LEI: 25490087KE8960EOQH29 | Long             | ABS-O            | CORP              | US        |    340809 | PA      | $340809.37    | 0.15%             | 2041-02-15      | Fixed         | 5.76%                 | Yes           |                  3 | On Loan: No      |
| Homrich & Berg Inc - Revolver 1L 11/24                                                                            | Homrich & Berg Inc - Revolver 1L 11/24                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    237951 | PA      | $237951.02    | 0.10%             | 2031-08-18      | Floating      | 8.43%                 | No            |                  3 | On Loan: No      |
| Minera Mexico S A De C V                                                                                          | SCCOMX 5.625 02/12/32 144A                                           | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $202540.00    | 0.09%             | 2032-02-12      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                                      | T 4.625 11/15/55                                                     | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4118100 | PA      | $3932785.50   | 1.73%             | 2055-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                                                      | SNPS 4.85 04/01/30                                                   | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    103000 | PA      | $103784.86    | 0.05%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 4.1 02/15/31                                                   | CUSIP: 02079KBK2<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     57000 | PA      | $56616.29     | 0.02%             | 2031-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                 | HSBC V4.675 03/10/32                                                 | CUSIP: 404280FL8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    225000 | PA      | $222066.68    | 0.10%             | 2032-03-10      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Flexera Software LLC - TL 1L 08/25 EUR                                                                            | Flexera Software LLC - TL 1L 08/25 EUR                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    105750 | PA      | $120409.89    | 0.05%             | 2032-08-15      | Floating      | 6.45%                 | No            |                  3 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 B                                                                           | MESA Trust 2025-1 - MESA TRUST 2025-1 B                              | CUSIP: 590929AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    217410 | PA      | $217301.30    | 0.10%             | 2060-06-25      | Fixed         | 5.70%                 | No            |                  3 | On Loan: No      |
| Eaton Corp.                                                                                                       | ETN 4.8 03/06/36                                                     | CUSIP: 278058DZ2<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197535.63    | 0.09%             | 2036-03-06      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN BT2052                                                            | CUSIP: 3140LQH60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    422070 | PA      | $340493.46    | 0.15%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                                                           | VENLNG 9.875 02/01/32 144A                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     40000 | PA      | $42979.12     | 0.02%             | 2032-02-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN FS0490                                                            | CUSIP: 3140XFRL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    202023 | PA      | $162976.41    | 0.07%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                                                        | AMGN 4.85 02/19/36                                                   | CUSIP: 031162DW7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108120.27    | 0.05%             | 2036-02-19      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Premise Health Holding Corp - TL 1L 11/25                                                                         | Premise Health Holding Corp - TL 1L 11/25                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    455449 | PA      | $451760.16    | 0.20%             | 2032-11-06      | Floating      | 8.45%                 | No            |                  3 | On Loan: No      |
| Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr Nimbus Llc/Ggsi Sellco Llc                                       | BPYU 5.75 05/15/26 144A                                              | CUSIP: 11284DAA3<br>LEI: 549300K1JD1LDRNBET48 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89963.07     | 0.04%             | 2026-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| IMPRINT PAYMENTS CREDIT CARD MASTER TRUST 2025-A                                                                  | PRNT 2025-A D                                                        | CUSIP: 45333GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    322000 | PA      | $320469.66    | 0.14%             | 2029-09-15      | Fixed         | 5.82%                 | Yes           |                  2 | On Loan: No      |
| WMG Acquisition Corp.                                                                                             | WMG 3.75 12/01/29 144A                                               | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19042.10     | 0.01%             | 2029-12-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| BMO 2025-5C10 MORTGAGE TRUST                                                                                      | BMO 2025-5C10 B                                                      | CUSIP: 05615BAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1041858.40   | 0.46%             | 2058-05-17      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| SUNSTRONG ISSUER 2025-1 LLC                                                                                       | STRONG 2025-1 A2                                                     | CUSIP: 867976AB8<br>LEI: 5967007LIEEXZXISIG31 | Long             | ABS-O            | CORP              | US        |   1197097 | PA      | $1191162.64   | 0.53%             | 2055-12-28      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Philippine Airlines 777 (Warbug Pincus) - TL 1L DD 07/25 (MSN 61731)                                              | Philippine Airlines 777 (Warbug Pincus) - TL 1L DD 07/25 (MSN 61731) | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    365236 | PA      | $366404.37    | 0.16%             | 2027-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| UnitedHealth Group Inc.                                                                                           | UNH 5.15 07/15/34                                                    | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    185000 | PA      | $186647.43    | 0.08%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                                                                          | DVN 5.75 09/15/54                                                    | CUSIP: 25179MBH5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    225000 | PA      | $211622.23    | 0.09%             | 2054-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                                                       | 2-Year T-Note Futures, Jun-2026,ETH                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       308 | NC      | $-448179.89   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                                                                                | ET 6 02/01/29 144A                                                   | CUSIP: 226373AR9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20159.88     | 0.01%             | 2029-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Mars Inc.                                                                                                         | MARS 5.7 05/01/55 144A                                               | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146362.87    | 0.06%             | 2055-05-01      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Orion Services Group - TL 1L DD 11/25                                                                             | Orion Services Group - TL 1L DD 11/25                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     49505 | PA      | $49034.70     | 0.02%             | 2032-10-15      | Floating      | 8.21%                 | No            |                  3 | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation                                                   | IEP 9.75 01/15/29                                                    | CUSIP: 451102CF2<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118064.09    | 0.05%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                                           | HILCRP 6.25 04/15/32 144A                                            | CUSIP: 431318AZ7<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24213.46     | 0.01%             | 2032-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Takeoff Merger Subordinated Inc.                                                                                  | SUMIAL 4.5 03/24/29 144A                                             | CUSIP: 873923AC0<br>LEI: 984500DF5ACB4A114F45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74531.60     | 0.03%             | 2029-03-24      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 5.65 02/15/56                                                  | CUSIP: 02079KBP1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42892.41     | 0.02%             | 2056-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                                                           | HYNMTR 4.9 06/23/28 144A                                             | CUSIP: 44891ADV6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     93000 | PA      | $93419.36     | 0.04%             | 2028-06-23      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| SECURITIZED TERM AUTO RECEIVABLES TRUST                                                                           | SSTRT 2026-A D                                                       | CUSIP: 81378WAH6<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | CA        |     36747 | PA      | $36702.88     | 0.02%             | 2033-03-25      | Fixed         | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Medline Borrower LP                                                                                               | MEDIND 3.875 04/01/29 144A                                           | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67754.53     | 0.03%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association                                                                                    | USCLN 2025-SUP2 B1                                                   | CUSIP: 90355PAB2<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |    205639 | PA      | $206314.18    | 0.09%             | 2032-09-25      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                                                    | WBD 4.054 03/15/29 *                                                 | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145218.75    | 0.06%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 C                                                                           | MESA Trust 2025-1 - MESA TRUST 2025-1 C                              | CUSIP: 590929AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    182621 | PA      | $182493.17    | 0.08%             | 2060-06-25      | Fixed         | 6.45%                 | No            |                  3 | On Loan: No      |
| Thermo Fisher Scientific Inc                                                                                      | TMO 4.902 02/12/36                                                   | CUSIP: 883556DJ8<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31785.08     | 0.01%             | 2036-02-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp.                                                                                             | CVA 4.875 12/01/29 144A                                              | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56304.65     | 0.02%             | 2029-12-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Analog Devices Inc.                                                                                               | ADI 5.3 04/01/54                                                     | CUSIP: 032654BC8<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47489.96     | 0.02%             | 2054-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                                                                                     | CORELOGIC INC                                                        | CUSIP: 000000000<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |     50000 | PA      | $46562.50     | 0.02%             | 2029-06-04      | Floating      | 10.28%                | No            |                  2 | On Loan: No      |
| Eagle Railcar Services Roscoe Inc - TL 1L 06/25                                                                   | Eagle Railcar Services Roscoe Inc - TL 1L 06/25                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2397392 | PA      | $2392597.02   | 1.06%             | 2032-05-22      | Floating      | 8.20%                 | No            |                  3 | On Loan: No      |
| DC COMMERCIAL MORTGAGE TRUST 2023-D                                                                               | DC 2023-DC B                                                         | CUSIP: 24023AAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $253144.35    | 0.11%             | 2040-09-12      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| Norfolk Southern Corporation                                                                                      | NSC 5.1 05/01/35                                                     | CUSIP: 655844CV8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35122.13     | 0.02%             | 2035-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Methanex Corporation                                                                                              | MXCN 5.25 12/15/29                                                   | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $39622.12     | 0.02%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                                                                         | XYZ 3.5 06/01/31                                                     | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27304.07     | 0.01%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Voyager Parent LLC                                                                                                | EVRI 9.25 07/01/32 144A                                              | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77912.93     | 0.03%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-D                                                                           | SMB 2022-D C                                                         | CUSIP: 78454XAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     48404 | PA      | $49465.19     | 0.02%             | 2058-10-15      | Fixed         | 6.58%                 | Yes           |                  2 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 4.4 03/15/33                                                    | CUSIP: 00287YEF2<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     69000 | PA      | $67755.82     | 0.03%             | 2033-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FNMA-30YR                                                            | CUSIP: 01F022642<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    575000 | PA      | $483539.06    | 0.21%             | 2056-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bonterra LLC - TL 1L 03/25                                                                                        | Bonterra LLC - TL 1L 03/25                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4002860 | PA      | $3970436.53   | 1.75%             | 2032-03-05      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| B&G Foods, Inc.                                                                                                   | BGS 8 09/15/28 144A                                                  | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88736.06     | 0.04%             | 2028-09-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2025-NQM5                                                                         | BRAVO 2025-NQM5 A1                                                   | CUSIP: 10569RAC6<br>LEI: 254900HGOJX787MBR512 | Long             | ABS-O            | CORP              | US        |    162333 | PA      | $163072.44    | 0.07%             | 2065-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Avantor Funding Inc                                                                                               | AVTR 3.875 11/01/29 144A                                             | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65724.97     | 0.03%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group Inc.                                                                                                 | RCAP 7.5 04/01/29 144A                                               | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89220.24     | 0.04%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BHP Billiton Finance (USA) Ltd.                                                                                   | BHP 5.75 09/05/55                                                    | CUSIP: 055451BM9<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |     58000 | PA      | $58077.19     | 0.03%             | 2055-09-05      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                                    | BCRED 5.35 03/12/31                                                  | CUSIP: 09261HBZ9<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     49000 | PA      | $46576.62     | 0.02%             | 2031-03-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| COMM 2019-GC44 MORTGAGE TRUST                                                                                     | COMM 2019-GC44 AM                                                    | CUSIP: 12655TBP3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $929977.00    | 0.41%             | 2057-08-17      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare, Inc.                                                                                           | MOH 3.875 05/15/32 144A                                              | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    120000 | PA      | $104322.16    | 0.05%             | 2032-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                                  | TEVA 6.75 03/01/28                                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $358898.75    | 0.16%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES1                                                                                     | RCKT 2025-CES1 B1                                                    | CUSIP: 749427AF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2550573.00   | 1.12%             | 2045-01-25      | Variable      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Sallie Mae Unlevered - Private Equity (SPV Unlevered Resi)                                                        | Sallie Mae Unlevered - Private Equity (SPV Unlevered Resi)           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    318152 | NS      | $318160.43    | 0.14%             |  |  |  | No            |                  3 | On Loan: No      |
| DURST COMMERCIAL MORTGAGE TRUST 2025-151                                                                          | DURST 2025-151 A                                                     | CUSIP: 266895AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $176799.91    | 0.08%             | 2042-08-12      | Variable      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN 190445                                                            | CUSIP: 31368HP64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2060203 | PA      | $2131362.74   | 0.94%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                                                     | CNC 2.5 03/01/31                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29391.01     | 0.01%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Railpros Inc - TL 1L 03/25                                                                                        | Railpros Inc - TL 1L 03/25                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    142559 | PA      | $142558.71    | 0.06%             | 2032-03-07      | Floating      | 7.91%                 | Yes           |                  3 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                                                    | EUR/USD FORWARD                                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2815.66      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                                                   | GTN 10.5 07/15/29 144A                                               | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     28000 | PA      | $29770.87     | 0.01%             | 2029-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Altice France SAS                                                                                                 | SFRFP 6.5 04/15/32 144A                                              | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    291971 | PA      | $276903.54    | 0.12%             | 2032-04-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 4.950 12/2055 Class A-FX                                                                   | Sallie Mae Unlevered - 4.950 12/2055 Class A-FX                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    231458 | PA      | $231990.31    | 0.10%             | 2055-12-25      | Fixed         | 4.95%                 | No            |                  3 | On Loan: No      |
| Advance Auto Parts Inc.                                                                                           | AAP 3.5 03/15/32                                                     | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69086.73     | 0.03%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                                 | BRO 4.9 06/23/30                                                     | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    275000 | PA      | $274817.67    | 0.12%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corporation                                                                                         | UNP 5.1 02/20/35                                                     | CUSIP: 907818GG7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    176000 | PA      | $179214.75    | 0.08%             | 2035-02-20      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN MA5649                                                            | CUSIP: 31418FH34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    417469 | PA      | $438941.55    | 0.19%             | 2055-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III LLC                                                                                 | LYB 5.875 01/15/36                                                   | CUSIP: 50249AAR4<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    163000 | PA      | $163626.21    | 0.07%             | 2036-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                                                                             | MLANE 2025-C A                                                       | CUSIP: 60510MCA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $219923.64    | 0.10%             | 2030-12-16      | Fixed         | 4.78%                 | Yes           |                  2 | On Loan: No      |
| Comstock Resources, Inc.                                                                                          | CRK 5.875 01/15/30 144A                                              | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48442.97     | 0.02%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                                                | TMUS 4.95 11/15/35                                                   | CUSIP: 87264ADX0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49107.04     | 0.02%             | 2035-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                                                                                   | CSX 5.05 06/15/35                                                    | CUSIP: 126408HZ9<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    325000 | PA      | $326323.40    | 0.14%             | 2035-06-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                                                  | PCG 4.95 07/01/50                                                    | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82899.89     | 0.04%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Navient Corporation                                                                                               | NAVI 5.625 08/01/33 MTN                                              | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    110000 | PA      | $85875.70     | 0.04%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PCI Pharma Services - TL 1L 07/25                                                                                 | PCI Pharma Services - TL 1L 07/25                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4014667 | PA      | $4007038.92   | 1.77%             | 2032-10-15      | Floating      | 8.67%                 | Yes           |                  3 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                                          | AESOP 2023-8A D                                                      | CUSIP: 05377RJY1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101272.73    | 0.04%             | 2030-02-20      | Fixed         | 7.52%                 | Yes           |                  2 | On Loan: No      |
| The Cigna Group                                                                                                   | CI 6 01/15/56                                                        | CUSIP: 125523DA5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105243.38    | 0.05%             | 2056-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-2                                                                                           | UNLOK 2025-2 B                                                       | CUSIP: 914917AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    168000 | PA      | $163675.78    | 0.07%             | 2041-11-25      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Citibank, N.A.                                                                                                    | C 4.914 05/29/30 .                                                   | CUSIP: 17325FBP2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253953.27    | 0.11%             | 2030-05-29      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                                                          | SVC 8.625 11/15/31 144A                                              | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    215000 | PA      | $224694.78    | 0.10%             | 2031-11-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                             | QUIKHO 6.75 03/01/33 144A                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20328.30     | 0.01%             | 2033-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Finance Of America Structured Securities Trust 2025-PC1                                                           | FASST 2025-PC1 A1                                                    | CUSIP: 316929AA6<br>LEI: 254900FJW75GV74X3O58 | Long             | ABS-O            | CORP              | US        |    204853 | PA      | $195856.79    | 0.09%             | 2075-05-28      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Xylem Kendall - Revolver 1L 06/25                                                                                 | Xylem Kendall - Revolver 1L 06/25                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    109159 | PA      | $108777.08    | 0.05%             | 2030-04-22      | Floating      | 9.84%                 | No            |                  3 | On Loan: No      |
| Conservice LLC - TL 1L 11/25 (Unitranche)                                                                         | Conservice LLC - TL 1L 11/25 (Unitranche)                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    440068 | PA      | $438967.83    | 0.19%             | 2033-02-25      | Floating      | 8.20%                 | No            |                  3 | On Loan: No      |
| Verizon Communications Inc.                                                                                       | VZ 5 01/15/36                                                        | CUSIP: 92343VHG2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    147000 | PA      | $144010.82    | 0.06%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Homrich & Berg Inc - TL 1L DD 11/24                                                                               | Homrich & Berg Inc - TL 1L DD 11/24                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1795992 | PA      | $1804432.84   | 0.80%             | 2031-11-17      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Diamondback Energy Inc                                                                                            | FANG 5.75 04/18/54                                                   | CUSIP: 25278XBA6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    105000 | PA      | $99369.80     | 0.04%             | 2054-04-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AASET MT-1 LTD                                                                                                    | AASET 2025-3A A                                                      | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    648153 | PA      | $640625.97    | 0.28%             | 2050-02-16      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 5.95 09/26/55                                                   | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84189.24     | 0.04%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                                  | ALIANT 4.25 10/15/27 144A                                            | CUSIP: 01883LAB9<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107888.77    | 0.05%             | 2027-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Service Properties Trust                                                                                          | SVC 4.95 02/15/27                                                    | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38161.83     | 0.02%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN 7.25 05/01/32 144A                                               | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    110000 | PA      | $113881.24    | 0.05%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2020-DNA2                                                                           | STACR 2020-DNA2 B2                                                   | CUSIP: 35565KBE7<br>LEI: 5493007ZK0X40BI7UF30 | Long             | ABS-O            | USGSE             | US        |    450000 | PA      | $494819.64    | 0.22%             | 2050-02-25      | Floating      | 8.58%                 | Yes           |                  2 | On Loan: No      |
| Iqvia Inc                                                                                                         | IQV 6.25 06/01/32 144A                                               | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111841.51    | 0.05%             | 2032-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TreeHouse Foods                                                                                                   | TreeHouse Foods Term Loan B 425 2033-01-19                           | CUSIP: 89468XAX3<br>LEI: 5493007M7EVHE470Q576 | Long             | LON              | CORP              | US        |     35000 | PA      | $34912.50     | 0.02%             | 2033-02-04      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                                                            | MINAU 9.25 10/01/28 144A                                             | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     50000 | PA      | $51851.12     | 0.02%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 7.125 11/15/31                                                   | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59500.30     | 0.03%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| NFE Financing LLC                                                                                                 | NFE 12 11/15/29 144A                                                 | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $498415.50    | 0.22%             | 2029-11-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| Gray Media Inc.                                                                                                   | GTN 5.375 11/15/31 144A                                              | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74334.50     | 0.03%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                                               | CAR 5.375 03/01/29 144A                                              | CUSIP: 053773BF3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47870.37     | 0.02%             | 2029-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                                         | GS V2.615 04/22/32                                                   | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    176000 | PA      | $158148.65    | 0.07%             | 2032-04-22      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                               | AXON 6.125 03/15/30 144A                                             | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20380.92     | 0.01%             | 2030-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Lamb Weston Holdings Inc                                                                                          | LW 4.125 01/31/30 144A                                               | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     90000 | PA      | $85744.96     | 0.04%             | 2030-01-31      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Horizon CTS Buyer LLC - Revolver 1L 03/25                                                                         | Horizon CTS Buyer LLC - Revolver 1L 03/25                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    146762 | PA      | $146380.92    | 0.06%             | 2032-03-29      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| LAUREL ROAD PRIME STUDENT LOAN TRUST 2017-B                                                                       | DRB 2017-B R                                                         | CUSIP: 518887104<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |        44 | PA      | $68226.79     | 0.03%             | 2042-08-25      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| ADT Security Corp.                                                                                                | ADT 4.125 08/01/29 144A                                              | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28679.97     | 0.01%             | 2029-08-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer Inc                              | PK 4.875 05/15/29 144A                                               | CUSIP: 70052LAC7<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38424.45     | 0.02%             | 2029-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 A                                                                           | MESA Trust 2025-1 - MESA TRUST 2025-1 A                              | CUSIP: 590929AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1886555 | PA      | $1885046.24   | 0.83%             | 2060-06-25      | Fixed         | 5.20%                 | No            |                  3 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.25 02/01/31 144A                                              | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    535000 | PA      | $487965.26    | 0.22%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Railpros Inc - TL 1L DD 03/25                                                                                     | Railpros Inc - TL 1L DD 03/25                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     13192 | PA      | $13192.20     | 0.01%             | 2032-03-07      | Floating      | 7.91%                 | Yes           |                  3 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                                                       | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        39 | NC      | $-140191.25   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                                                                                                   | EQT 4.75 01/15/31                                                    | CUSIP: 26884LBD0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69662.99     | 0.03%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                                                       | VZ 4.75 01/15/33                                                     | CUSIP: 92343VHF4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     88000 | PA      | $86943.32     | 0.04%             | 2033-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V2.572 10/20/32                                                  | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44502.62     | 0.02%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN BQ7729                                                            | CUSIP: 3140KTST3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    374709 | PA      | $315610.92    | 0.14%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVR Partners, LP and CVR Nitrogen Finance Corporation                                                             | UAN 6.125 06/15/28 144A                                              | CUSIP: 12663QAC9<br>LEI: 529900LE0OS06MYQRP11 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79774.65     | 0.04%             | 2028-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                                                                         | TOYOTA 4.05 03/13/29 B                                               | CUSIP: 89236TPQ2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    148000 | PA      | $147150.65    | 0.06%             | 2029-03-13      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 6.100 12/2055 Class D (Jan26)                                                              | Sallie Mae Unlevered - 6.100 12/2055 Class D (Jan26)                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      8928 | PA      | $8983.96      | 0.00%             | 2055-12-25      | Fixed         | 6.10%                 | No            |                  3 | On Loan: No      |
| Ford Motor Company                                                                                                | F 3.25 02/12/32                                                      | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    400000 | PA      | $347566.54    | 0.15%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2023-INV3                                                                              | VERUS 2023-INV3 B2                                                   | CUSIP: 92540CAF4<br>LEI: 9845008F97BFO762AF95 | Long             | ABS-O            | CORP              | US        |    809000 | PA      | $814753.53    | 0.36%             | 2068-11-25      | Variable      | 8.16%                 | Yes           |                  2 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 5.55 03/15/56                                                   | CUSIP: 00287YEH8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17616.78     | 0.01%             | 2056-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                                                     | USB V5.424 02/12/36                                                  | CUSIP: 91159HJU5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112449.49    | 0.05%             | 2036-02-12      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Borr IHC Ltd / Borr Finance LLC/ Borr Natt Inc/ Borr West Africa Assets Inc/ Prospector Rig 5 Contracting Co Ltd. | BORRNO 10 11/15/28 144A                                              | CUSIP: 100018AA8<br>LEI: 254900WQF2MM46DNLY83 | Long             | DBT              | CORP              | BM        |    170732 | PA      | $175223.01    | 0.08%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Broadcom Inc                                                                                                      | AVGO 4.9 02/15/38                                                    | CUSIP: 11135FCX7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    463000 | PA      | $447096.56    | 0.20%             | 2038-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HTL COMMERCIAL MORTGAGE TRUST 2024-T53                                                                            | HTL 2024-T53 D                                                       | CUSIP: 404300AG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101376.14    | 0.04%             | 2039-05-12      | Variable      | 8.20%                 | Yes           |                  2 | On Loan: No      |
| Grayrock Energy IV LLC                                                                                            | Grayrock Energy IV LLC ABS 2041-02-15 USD                            | CUSIP: 389470AB1<br>LEI: 25490087KE8960EOQH29 | Long             | ABS-O            | CORP              | US        |     81098 | PA      | $81098.05     | 0.04%             | 2041-02-15      | Fixed         | 10.28%                | Yes           |                  3 | On Loan: No      |
| United States Treasury Notes                                                                                      | T 3.375 02/29/28                                                     | CUSIP: 91282CQB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    851500 | PA      | $844897.55    | 0.37%             | 2028-02-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 4.850 12/2055 Class A-FX (Jan26)                                                           | Sallie Mae Unlevered - 4.850 12/2055 Class A-FX (Jan26)              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    316088 | PA      | $318174.49    | 0.14%             | 2055-12-25      | Fixed         | 4.85%                 | No            |                  3 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                                                   | STACR 2020-HQA4 B2                                                   | CUSIP: 35565RBE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    345000 | PA      | $449244.51    | 0.20%             | 2050-09-26      | Floating      | 13.18%                | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                                      | T 4.625 02/15/46                                                     | CUSIP: 912810UT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2886000 | PA      | $2782058.98   | 1.23%             | 2046-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co.                                                                                         | NEE 5.7 03/15/55                                                     | CUSIP: 341081GY7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74749.61     | 0.03%             | 2055-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Intel Corporation                                                                                                 | INTC 5.6 02/21/54                                                    | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    115000 | PA      | $105582.09    | 0.05%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Samarco Mineracao SA                                                                                              | SAMMIN 9.5 06/30/31 144A                                             | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     71794 | PA      | $70683.14     | 0.03%             | 2031-06-30      | Variable      | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                                                      | RCL 5.375 01/15/36                                                   | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    201000 | PA      | $197554.20    | 0.09%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                                                             | DTV 8.875 02/01/30 144a                                              | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99902.53     | 0.04%             | 2030-02-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                                                       | 10-Year T-Note Futures, Jun-2026,ETH                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       143 | NC      | $-314280.85   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                                                                                         | XYZ 6.5 05/15/32                                                     | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    210000 | PA      | $212048.76    | 0.09%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Davita Inc                                                                                                        | DVA 4.625 06/01/30 144A                                              | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96210.02     | 0.04%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 7 03/15/32 144A                                                  | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67816.16     | 0.03%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 6.75 04/15/30 144A                                               | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    140000 | PA      | $136674.08    | 0.06%             | 2030-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Orion Services Group - TL 1L 11/25                                                                                | Orion Services Group - TL 1L 11/25                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    752475 | PA      | $745326.49    | 0.33%             | 2032-10-15      | Floating      | 8.20%                 | No            |                  3 | On Loan: No      |
| MORGAN STANLEY                                                                                                    | MS V4.213 02/08/30 .                                                 | CUSIP: 61776NU43<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    285000 | PA      | $282152.37    | 0.12%             | 2030-02-08      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation                                                   | IEP 5.25 05/15/27                                                    | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137299.74    | 0.06%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                                                                                   | CSX 4.1 11/15/32                                                     | CUSIP: 126408HU0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    123000 | PA      | $119129.71    | 0.05%             | 2032-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                                                                          | SNAP 6.875 03/01/33 144A                                             | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66156.31     | 0.03%             | 2033-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Progress Residential 2025-SFR3 Trust                                                                              | PROG 2025-SFR3 D                                                     | CUSIP: 74334BAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $730217.84    | 0.32%             | 2042-07-17      | Fixed         | 3.39%                 | Yes           |                  2 | On Loan: No      |
| Kennedy Wilson Inc                                                                                                | KW 5 03/01/31                                                        | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90144.35     | 0.04%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Takeda US Financing Inc.                                                                                          | TACHEM 5.2 07/07/35                                                  | CUSIP: 87406BAA0<br>LEI: 254900ZGPIBGBZ2N3A33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200087.73    | 0.09%             | 2035-07-07      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                                                       | 5-Year T-Note Futures, Jun-2026,ETH                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       622 | NC      | $-685340.00   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| FXI Holdings Inc                                                                                                  | FXIHLD 11 11/15/30 144a                                              | CUSIP: 36120RAG4<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    142590 | PA      | $126905.10    | 0.06%             | 2030-11-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                                                       | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -70 | NC      | $145580.93    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Light & Wonder International Inc.                                                                                 | LNW 7.25 11/15/29 144A                                               | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40795.00     | 0.02%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                                                 | VENTGL 4.125 08/15/31 144A                                           | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    285000 | PA      | $264508.64    | 0.12%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Citibank, National Association                                                                                    | EUR/USD FORWARD                                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-990.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                                         | GS V4.939 10/21/36                                                   | CUSIP: 38141GD43<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145316.83    | 0.06%             | 2036-10-21      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust 2014/1                                                               | ACAR 2022-4 E                                                        | CUSIP: 02529XAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $809661.12    | 0.36%             | 2030-01-14      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 8 LP                                                                                        | PKAIR 2026-1 A                                                       | CUSIP: 72585CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $247266.80    | 0.11%             | 2043-09-15      | Fixed         | 4.61%                 | Yes           |                  2 | On Loan: No      |
| Fair Isaac Corporation                                                                                            | FAIRIC 6 05/15/33 144A                                               | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147273.21    | 0.06%             | 2033-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class B                                                                 | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class B                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     31268 | PA      | $31267.91     | 0.01%             | 2036-03-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN 5.625 07/15/34 144A                                              | CUSIP: 86765KAN9<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34488.85     | 0.02%             | 2034-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Apld Computeco 2 LLC                                                                                              | PFORGE 6.75 03/15/31 144A                                            | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62000 | PA      | $61587.02     | 0.03%             | 2031-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Super 30Y Fixed                                                                                             | FR SL2621                                                            | CUSIP: 31427P4F8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     65000 | PA      | $55139.48     | 0.02%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ViaSat, Inc.                                                                                                      | VSAT 6.5 07/15/28 144A                                               | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49450.21     | 0.02%             | 2028-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                                                      | RCL 4.75 05/15/33                                                    | CUSIP: 78017TAC7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     94000 | PA      | $90789.69     | 0.04%             | 2033-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III LLC                                                                                 | LYB 6.15 05/15/35                                                    | CUSIP: 50249AAP8<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11327.58     | 0.00%             | 2035-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                                                     | UVN 9.375 08/01/32 144A                                              | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    350000 | PA      | $360976.06    | 0.16%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Premise Health Holding Corp - TL 1L DD 11/25                                                                      | Premise Health Holding Corp - TL 1L DD 11/25                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    115431 | PA      | $114495.91    | 0.05%             | 2032-11-06      | Floating      | 8.45%                 | No            |                  3 | On Loan: No      |
| JPMorgan Chase & Co.                                                                                              | JPM V4.898 01/22/37                                                  | CUSIP: 46647PFJ0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    309000 | PA      | $302475.65    | 0.13%             | 2037-01-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                                                               | ABT 4.3 03/15/33                                                     | CUSIP: 002824BT6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166420.96    | 0.07%             | 2033-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.75 03/01/30 144A                                              | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $142425.63    | 0.06%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                                  | PM 4.625 10/29/35                                                    | CUSIP: 718172EA3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    137000 | PA      | $131841.58    | 0.06%             | 2035-10-29      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR SD8505                                                            | CUSIP: 3132DWNW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    777037 | PA      | $767072.00    | 0.34%             | 2055-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 1.200 12/2055 Class R Equity (Jan26)                                                       | Sallie Mae Unlevered - 1.200 12/2055 Class R Equity (Jan26)          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28188 | PA      | $28718.33     | 0.01%             | 2055-12-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| PNC Financial Services Group Inc.                                                                                 | PNC V5.575 01/29/36                                                  | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    225000 | PA      | $229783.25    | 0.10%             | 2036-01-29      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                                              | GM 5.45 01/08/36                                                     | CUSIP: 37045XFN1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    163000 | PA      | $160631.87    | 0.07%             | 2036-01-08      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC)                  | ACI 3.5 03/15/29 144A                                                | CUSIP: 013092AG6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66812.21     | 0.03%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| EchoStar Corp.                                                                                                    | SATS 6.75 11/30/30                                                   | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    134826 | PA      | $136310.42    | 0.06%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp                                                            | ASCRES 5.875 06/30/29 144A                                           | CUSIP: 04364VAU7<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94963.81     | 0.04%             | 2029-06-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                                                           | EQMSRM 8.625 05/15/32 144A                                           | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47025.41     | 0.02%             | 2032-05-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN CA8827                                                            | CUSIP: 3140QGYZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    361575 | PA      | $304934.88    | 0.13%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Samarco Mineracao SA                                                                                              | SAMMIN 9.5 06/30/31 REGS                                             | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     60527 | PA      | $59590.97     | 0.03%             | 2031-06-30      | Variable      | 9.50%                 | Yes           |                  2 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 5.2 03/15/35                                                    | CUSIP: 00287YEA3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101812.34    | 0.04%             | 2035-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Endo International                                                                                                | Endo International Term Loan B 400 2031-04-01                        | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     79196 | PA      | $78841.24     | 0.03%             | 2031-04-23      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| West Star Aviation Inc - TL 1L 05/25                                                                              | West Star Aviation Inc - TL 1L 05/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3686140 | PA      | $3708256.52   | 1.64%             | 2032-05-20      | Floating      | 8.17%                 | No            |                  3 | On Loan: No      |
| Microchip Technology Incorporated                                                                                 | MCHP 5.05 02/15/30                                                   | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    185000 | PA      | $186651.53    | 0.08%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                                   | TDG 6.375 03/01/29 144A                                              | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96891.73     | 0.04%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                                                            | MPW 3.5 03/15/31                                                     | CUSIP: 55342UAM6<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    100000 | PA      | $65450.00     | 0.03%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                                                             | WSTP V2.668 11/15/35                                                 | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $89857.90     | 0.04%             | 2035-11-15      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                  | CYH 5.25 05/15/30 144A                                               | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9431.22      | 0.00%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V2.651 03/11/32 N                                                | CUSIP: 06051GJP5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    125000 | PA      | $113405.43    | 0.05%             | 2032-03-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC3                                                          | MSRM 2025-DSC3 AIOS                                                  | CUSIP: 61779JAK5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6909336 | PA      | $39512.77     | 0.02%             | 2070-09-25      | Variable      | 0.33%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                                                                     | SM 9.625 06/15/33 144A                                               | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     25000 | PA      | $27634.40     | 0.01%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Finastra (fka Misys plc)                                                                                          | Finastra (fka Misys plc) First-lien Term Loan 400 2032-07-19         | CUSIP: 31772YAD8<br>LEI: 549300ZB2RO6QC7YTK71 | Long             | LON              | CORP              | US        |    160000 | PA      | $150485.76    | 0.07%             | 2032-09-15      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V4.356 10/22/31 I                                                 | CUSIP: 61748UAM4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39208.77     | 0.02%             | 2031-10-22      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                                      | T 3.375 11/30/27                                                     | CUSIP: 91282CPL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       400 | PA      | $397.10       | 0.00%             | 2027-11-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| A-Lign Assurance LLC - TL 1L 08/25                                                                                | A-Lign Assurance LLC - TL 1L 08/25                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     68316 | PA      | $67345.70     | 0.03%             | 2032-08-26      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Woolpert Inc - TL 1L DD 09/25                                                                                     | Woolpert Inc - TL 1L DD 09/25                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     30407 | PA      | $30519.03     | 0.01%             | 2032-04-05      | Floating      | 8.28%                 | Yes           |                  3 | On Loan: No      |
| VERUS SECURITIZAT TR 2024-8                                                                                       | VERUS 2024-8 A1                                                      | CUSIP: 92540PAA6<br>LEI: 213800RZ8QGNZ38DSP77 | Long             | ABS-O            | CORP              | US        |    441218 | PA      | $442214.45    | 0.20%             | 2069-10-25      | Variable      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2024-Ces8                                                                                     | RCKT 2024-CES8 B2                                                    | CUSIP: 749421AG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3047347.20   | 1.34%             | 2044-11-25      | Variable      | 8.39%                 | Yes           |                  2 | On Loan: No      |
| Block Inc                                                                                                         | XYZ 5.625 08/15/30 144A                                              | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54727.15     | 0.02%             | 2030-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SVC ABS LLC                                                                                                       | SVC 2026-1A A                                                        | CUSIP: 78488JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    194000 | PA      | $192789.60    | 0.09%             | 2056-03-20      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Sonic Automotive, Inc.                                                                                            | SAH 4.625 11/15/29 144A                                              | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48500.43     | 0.02%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                                                                              | CCL 5.75 08/01/32 144A                                               | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    110000 | PA      | $110101.73    | 0.05%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                                    | C V4.542 09/19/30                                                    | CUSIP: 17327CAT0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199347.81    | 0.09%             | 2030-09-19      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust 2020-Hqa2                                                                           | STACR 2020-HQA2 B2                                                   | CUSIP: 35565LBE5<br>LEI: 5493000ITBJ4KEFYWF83 | Long             | ABS-O            | USGSE             | US        |     50000 | PA      | $60062.91     | 0.03%             | 2050-03-25      | Floating      | 11.38%                | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.                              | CHTR 5.25 04/01/53                                                   | CUSIP: 161175CK8<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    302000 | PA      | $237065.42    | 0.10%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2018-B7 MORTGAGE TRUST                                                                                  | BMARK 2018-B7 B                                                      | CUSIP: 08162TBE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $274946.04    | 0.12%             | 2053-05-16      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                                                                                  | GWCN 6.5 01/15/31 144A                                               | CUSIP: 36485MAQ2<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $50729.10     | 0.02%             | 2031-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| FXI Holdings Inc                                                                                                  | FXIHLD 14 11/15/29 144A                                              | CUSIP: 36120RAJ8<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |     83370 | PA      | $43769.25     | 0.02%             | 2029-11-15      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| Coinbase Global Inc                                                                                               | COIN 3.375 10/01/28 144A                                             | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    175000 | PA      | $163951.99    | 0.07%             | 2028-10-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| First Student Bidco Inc / First Transit Parent Inc.                                                               | FRSTST 4 07/31/29 144A                                               | CUSIP: 337120AA7<br>LEI: 254900JEIMV6G5O1PB08 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105379.12    | 0.05%             | 2029-07-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ALA TRUST 2025-OANA                                                                                               | ALA 2025-OANA A                                                      | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    142000 | PA      | $142577.51    | 0.06%             | 2040-06-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                                                  | PCG 3.5 08/01/50                                                     | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49630.36     | 0.02%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 5.753 04/06/33                                                     | CUSIP: 345397J38<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196369.16    | 0.09%             | 2033-04-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                                                       | VZ 5.75 11/30/45                                                     | CUSIP: 92343VHH0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34110.25     | 0.02%             | 2045-11-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SECURITIZED TERM AUTO RECEIVABLES TRUST                                                                           | SSTRT 2026-A B                                                       | CUSIP: 81378WAF0<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | CA        |     78088 | PA      | $77894.78     | 0.03%             | 2033-03-25      | Fixed         | 4.28%                 | Yes           |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                                         | IRS USD                                                              | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |         1 | NC      | $40810.43     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LCM Investments Holdings II LLC                                                                                   | MAGLLC 8.25 08/01/31 144A                                            | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83341.20     | 0.04%             | 2031-08-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| SCIENTIFIC GAMES US FINCO INC                                                                                     | SCGALO 6.625 03/01/30 144A                                           | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $167924.66    | 0.07%             | 2030-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                                                           | KGS 5.875 04/01/31 144A                                              | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35195.03     | 0.02%             | 2031-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 7.5 05/15/31                                                     | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30179.25     | 0.01%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Totalenergies Capital USA LLC                                                                                     | TTEFP 4.248 01/13/31                                                 | CUSIP: 89158TAA7<br>LEI: 9845000979865101C194 | Long             | DBT              | CORP              | US        |     54000 | PA      | $53517.60     | 0.02%             | 2031-01-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-2                                                                                           | UNLOK 2025-2 A                                                       | CUSIP: 914917AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320049 | PA      | $317170.31    | 0.14%             | 2041-11-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Mondelez International Inc.                                                                                       | MDLZ 5.125 05/06/35                                                  | CUSIP: 609207BH7<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38092.60     | 0.02%             | 2035-05-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.                              | CHTR 6.7 12/01/55                                                    | CUSIP: 161175CT9<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     38000 | PA      | $36342.31     | 0.02%             | 2055-12-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Clarience Technologies LLC - TL 1L DD-A 06/25                                                                     | Clarience Technologies LLC - TL 1L DD-A 06/25                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     29055 | PA      | $28764.73     | 0.01%             | 2032-02-13      | Floating      | 8.44%                 | Yes           |                  3 | On Loan: No      |
| HOWARD HUGHES CORP (THE)                                                                                          | HHH 4.375 02/01/31 144A                                              | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45942.76     | 0.02%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                                                  | AMZN 4.65 11/20/35                                                   | CUSIP: 023135CV6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    257000 | PA      | $252097.55    | 0.11%             | 2035-11-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FNMA-30YR                                                            | CUSIP: 01F062648<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63000 | PA      | $65183.58     | 0.03%             | 2056-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                                                                                  | DTMINC 4.375 06/15/31 144A                                           | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $86782.91     | 0.04%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Compass Group Diversified Holdings LLC                                                                            | CODI 5.25 04/15/29 144A                                              | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |    394248 | PA      | $367083.80    | 0.16%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                                  | PM 4.375 04/30/30                                                    | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    269000 | PA      | $267638.39    | 0.12%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2025-28L                                                                            | NYC 2025-28L D                                                       | CUSIP: 67123JAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    264000 | PA      | $263776.39    | 0.12%             | 2038-11-05      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                                                | IRM 5.25 07/15/30 144A                                               | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    205000 | PA      | $199287.09    | 0.09%             | 2030-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Accendra Health Inc.                                                                                              | ACH 4.5 03/31/29 144A                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    327000 | PA      | $197722.35    | 0.09%             | 2029-03-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Fortna Group Inc - Revolver 1L 01/25                                                                              | Fortna Group Inc - Revolver 1L 01/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2554162 | PA      | $2554162.24   | 1.13%             | 2029-06-01      | Floating      | 8.37%                 | Yes           |                  3 | On Loan: No      |
| Pacific Gas and Electric Company                                                                                  | PCG 6 08/15/35                                                       | CUSIP: 694308KX4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    155000 | PA      | $160221.66    | 0.07%             | 2035-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Adapthealth Llc                                                                                                   | ADAHEA 5.125 03/01/30 144A                                           | CUSIP: 00653VAE1<br>LEI: 549300SN58QQ28RVWE26 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9587.77      | 0.00%             | 2030-03-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| The Progressive Corporation                                                                                       | PGR 4.6 03/26/31                                                     | CUSIP: 743315BC6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27073.43     | 0.01%             | 2031-03-26      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Takeoff Merger Subordinated Inc.                                                                                  | SUMIAL 4.4 03/24/28 144A                                             | CUSIP: 873923AA4<br>LEI: 984500DF5ACB4A114F45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99498.66     | 0.04%             | 2028-03-24      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                                                                | RYASPE 4.375 02/01/30 144A                                           | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29100.63     | 0.01%             | 2030-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 5.875 11/07/29                                                     | CUSIP: 345397G49<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202571.34    | 0.09%             | 2029-11-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 5.500 12/2055 Class C (Jan26)                                                              | Sallie Mae Unlevered - 5.500 12/2055 Class C (Jan26)                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13392 | PA      | $13487.96     | 0.01%             | 2055-12-25      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Consolidated Energy Finance S.A.                                                                                  | CONSEN 12 02/15/31 144A                                              | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $147937.50    | 0.07%             | 2031-02-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| Northern States Power Company                                                                                     | XEL 5.4 03/15/54                                                     | CUSIP: 665772CY3<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71386.89     | 0.03%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                                                       | IONPLA 7.875 09/30/32 144a                                           | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $155055.15    | 0.07%             | 2032-09-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Ares Secondaries Pbn Finance Co IV LLC - TL DD B 05/25                                                            | Ares Secondaries Pbn Finance Co IV LLC - TL DD B 05/25               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    461538 | PA      | $466014.92    | 0.21%             | 2039-04-14      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Service Properties Trust                                                                                          | SVC 0 09/30/27 144A                                                  | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50107.49     | 0.02%             | 2027-09-30      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Mars Inc.                                                                                                         | MARS 5.2 03/01/35 144A                                               | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    265000 | PA      | $267619.28    | 0.12%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| SUNRUN JULIUS ISSUER 2023-2 LLC                                                                                   | SUNRN 2023-2A A1                                                     | CUSIP: 86772JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    708482 | PA      | $715361.65    | 0.32%             | 2059-01-30      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                                          | AESOP 2023-7A B                                                      | CUSIP: 05377RHR8<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102099.06    | 0.05%             | 2028-08-20      | Fixed         | 6.44%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 6.798 11/07/28                                                     | CUSIP: 345397D59<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207083.32    | 0.09%             | 2028-11-07      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III LLC                                                                                 | LYB 3.375 10/01/40                                                   | CUSIP: 50249AAH6<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10866.64     | 0.00%             | 2040-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SAMBA Safety Inc - Revolver 1L 12/25                                                                              | SAMBA Safety Inc - Revolver 1L 12/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     54649 | PA      | $54375.76     | 0.02%             | 2032-12-20      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Ares Secondaries Pbn Finance Co IV LLC - TL DD A 05/25                                                            | Ares Secondaries Pbn Finance Co IV LLC - TL DD A 05/25               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    923077 | PA      | $924092.38    | 0.41%             | 2039-04-14      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BGB Group LLC - TL 1L 12/25                                                                                       | BGB Group LLC - TL 1L 12/25                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    824576 | PA      | $824576.40    | 0.36%             | 2030-02-16      | Floating      | 8.95%                 | Yes           |                  3 | On Loan: No      |
| Edison International                                                                                              | EIX 6.25 03/15/30                                                    | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    275000 | PA      | $285108.77    | 0.13%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                                                                               | ADVGRO 8 08/01/33 144A                                               | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     82000 | PA      | $81017.41     | 0.04%             | 2033-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| OWN EQUIPMENT FUND I LLC                                                                                          | EQS 2025-1M C                                                        | CUSIP: 690912AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    447369 | PA      | $459581.77    | 0.20%             | 2033-09-26      | Fixed         | 9.02%                 | Yes           |                  2 | On Loan: No      |
| B&G Foods, Inc.                                                                                                   | BGS 5.25 09/15/27                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19289.81     | 0.01%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                                                          | AXP V5.442 01/30/36                                                  | CUSIP: 025816DZ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127299.69    | 0.06%             | 2036-01-30      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio LLC                                                                                               | SIRI 3.875 09/01/31 144A                                             | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136324.30    | 0.06%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                                                                      | T 4.125 02/15/36                                                     | CUSIP: 91282CPZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1537000 | PA      | $1513104.49   | 0.67%             | 2036-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 6.875 11/01/29 144A                                              | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25014.64     | 0.01%             | 2029-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V1.898 07/23/31 MTN                                              | CUSIP: 06051GJF7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    240000 | PA      | $213809.96    | 0.09%             | 2031-07-23      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corporation                                                                                         | UNP 2.8 02/14/32                                                     | CUSIP: 907818FX1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    117000 | PA      | $106442.50    | 0.05%             | 2032-02-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2024-SFR1 TRUST                                                                              | PROG 2024-SFR1 A                                                     | CUSIP: 74331QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     98675 | PA      | $95097.73     | 0.04%             | 2041-02-20      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| Apollo Debt Solutions BDC                                                                                         | APODS 5.7 01/23/31 144A                                              | CUSIP: 03770DAL7<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    170000 | PA      | $165955.93    | 0.07%             | 2031-01-23      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Denali Water Solutions LLC - TL 1L 11/25                                                                          | Denali Water Solutions LLC - TL 1L 11/25                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    846154 | PA      | $841923.23    | 0.37%             | 2032-11-19      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| AbbVie Inc.                                                                                                       | ABBV 5.6 03/15/55                                                    | CUSIP: 00287YEB1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246499.14    | 0.11%             | 2055-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc.                                                                                              | ELV 5.7 09/15/55                                                     | CUSIP: 036752BL6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190309.55    | 0.08%             | 2055-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                                                | PERU 2.783 01/23/31                                                  | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     80000 | PA      | $73088.00     | 0.03%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Homrich & Berg Inc - TL 1L 11/24                                                                                  | Homrich & Berg Inc - TL 1L 11/24                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1496660 | PA      | $1503694.50   | 0.66%             | 2031-11-17      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS CORP                                                                                     | SATS 6.625 08/01/26                                                  | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    394000 | PA      | $296835.66    | 0.13%             | 2026-08-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Intel Corporation                                                                                                 | INTC 3.05 08/12/51                                                   | CUSIP: 458140BW9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     20000 | PA      | $12150.39     | 0.01%             | 2051-08-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| John Wood Group PLC - Revolver 1L 09/25                                                                           | John Wood Group PLC - Revolver 1L 09/25                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    720000 | PA      | $719280.00    | 0.32%             | 2028-10-30      | Floating      | 9.17%                 | Yes           |                  3 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 5.5 08/03/35                                                    | CUSIP: 68389XDA0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57308.53     | 0.03%             | 2035-08-03      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                 | HSBC V5.45 03/03/36                                                  | CUSIP: 404280ES4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $401325.45    | 0.18%             | 2036-03-03      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Navient Corp - TL 06/25 Class C                                                                                   | Navient Corp - TL 06/25 Class C                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    344028 | PA      | $344303.67    | 0.15%             | 2026-06-12      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                                                            | BWY 7.875 04/15/30 144A                                              | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55039.33     | 0.02%             | 2030-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Siemens Funding BV                                                                                                | SIEGR 4.9 05/28/32 144A                                              | CUSIP: 82622RAD8<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    215000 | PA      | $219299.41    | 0.10%             | 2032-05-28      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| Ardian US LLC - TL 1L 09/25                                                                                       | Ardian US LLC - TL 1L 09/25                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1115517 | PA      | $1115517.14   | 0.49%             | 2031-03-26      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Synopsys Inc                                                                                                      | SNPS 5.15 04/01/35                                                   | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70158.87     | 0.03%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                                                           | EQMSRM 8 03/15/33 144A                                               | CUSIP: 29450YAC3<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25837.39     | 0.01%             | 2033-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Cipher Compute LLC                                                                                                | CIFR 7.125 11/15/30 144A                                             | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $31118.37     | 0.01%             | 2030-11-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                                                | TMUS 5.3 05/15/35                                                    | CUSIP: 87264ADT9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201739.60    | 0.09%             | 2035-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 3 LP                                                                                        | PKAIR 2025-2 A                                                       | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235871 | PA      | $235052.01    | 0.10%             | 2043-03-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 7.5 09/15/31 144A                                                | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59902.95     | 0.03%             | 2031-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 4.7 11/15/35                                                   | CUSIP: 02079KAY3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    102000 | PA      | $100813.89    | 0.04%             | 2035-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Santander Consumer Bank AS - Private Equity (Kasper 2 LP)                                                         | Santander Consumer Bank AS - Private Equity (Kasper 2 LP)            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NO        |  11651745 | NS      | $1242109.51   | 0.55%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Harvest Midstream I LP                                                                                            | HARMID 7.5 05/15/32 144A                                             | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20426.10     | 0.01%             | 2032-05-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                                  | ALIANT 5.875 11/01/29 144A                                           | CUSIP: 01883LAD5<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116202.50    | 0.05%             | 2029-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                                                 | BRO 6.25 06/23/55                                                    | CUSIP: 115236AN1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60885.00     | 0.03%             | 2055-06-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                                                           | DUK 4.85 12/01/35                                                    | CUSIP: 26444HAU5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49098.41     | 0.02%             | 2035-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                   | CVS 5.7 06/01/34                                                     | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308405.83    | 0.14%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                                                        | AMGN 4.2 02/19/31                                                    | CUSIP: 031162DV9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    113000 | PA      | $111479.70    | 0.05%             | 2031-02-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP (THE)                                                                                          | HHH 6.125 03/01/34 144A                                              | CUSIP: 44267DAH0<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48060.25     | 0.02%             | 2034-03-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Starbucks Corp.                                                                                                   | SBUX 5.4 05/15/35                                                    | CUSIP: 855244BM0<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71596.76     | 0.03%             | 2035-05-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 5.250 12/2055 Class B (Jan26)                                                              | Sallie Mae Unlevered - 5.250 12/2055 Class B (Jan26)                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     58030 | PA      | $58413.05     | 0.03%             | 2055-12-25      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| Novartis Capital Corporation                                                                                      | NOVNVX 5.7 03/18/56                                                  | CUSIP: 66989HBL1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25196.30     | 0.01%             | 2056-03-18      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC / Allied Universal Finance Corporation                                                | UNSEAM 6.875 06/15/30 144A                                           | CUSIP: 019576AF4<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    115000 | PA      | $116661.98    | 0.05%             | 2030-06-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation                                                   | IEP 10 11/15/29 144A                                                 | CUSIP: 451102CK1<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98639.82     | 0.04%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                                                            | MPW 8.5 02/15/32 144a                                                | CUSIP: 55342UAQ7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202920.40    | 0.09%             | 2032-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Sirius Xm Radio LLC                                                                                               | SIRI 4 07/15/28 144A                                                 | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     90000 | PA      | $86927.03     | 0.04%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) plc                                                                                       | RIOLN 5.75 03/14/55                                                  | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $99836.54     | 0.04%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.5 08/15/30 144A                                               | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $46754.93     | 0.02%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Navient Corp - TL 06/25 Class B                                                                                   | Navient Corp - TL 06/25 Class B                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    429840 | PA      | $429883.47    | 0.19%             | 2026-06-12      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Com Laude Group Ltd - TL 1L 12/25                                                                                 | Com Laude Group Ltd - TL 1L 12/25                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    394431 | PA      | $391196.67    | 0.17%             | 2032-12-30      | Floating      | 8.69%                 | No            |                  3 | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                                                                             | MLANE 2025-B D                                                       | CUSIP: 60510MBX5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $197118.32    | 0.09%             | 2031-09-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Philippine Airlines 777 (Warbug Pincus) - TL 1L DD 07/25 (MSN 61730)                                              | Philippine Airlines 777 (Warbug Pincus) - TL 1L DD 07/25 (MSN 61730) | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    365252 | PA      | $366603.68    | 0.16%             | 2027-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| United States Treasury Notes                                                                                      | T 4.25 03/31/33                                                      | CUSIP: 91282CQF1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1792000 | PA      | $1804460.04   | 0.80%             | 2033-03-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Service Logic LLC - Revolver 1L 12/25                                                                             | Service Logic LLC - Revolver 1L 12/25                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     28618 | PA      | $28348.89     | 0.01%             | 2032-12-16      | Floating      | 10.25%                | No            |                  3 | On Loan: No      |
| CREDIT ACCEPTANCE AUTO LOAN TRUST 2024-3                                                                          | CAALT 2024-3A C                                                      | CUSIP: 22535LAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120000 | PA      | $120848.28    | 0.05%             | 2035-01-16      | Fixed         | 5.39%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                                                       | VZ 5.875 11/30/55                                                    | CUSIP: 92343VHJ6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     85000 | PA      | $82737.56     | 0.04%             | 2055-11-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SAMBA Safety Inc - TL 1L 12/25                                                                                    | SAMBA Safety Inc - TL 1L 12/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    606862 | PA      | $603827.69    | 0.27%             | 2032-12-20      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V4.892 10/22/36 I                                                 | CUSIP: 61748UAN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     99000 | PA      | $95742.25     | 0.04%             | 2036-10-22      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                                                           | BPCEGP V5.417 01/13/37 144A                                          | CUSIP: 05571ABF1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $243846.92    | 0.11%             | 2037-01-13      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Honeywell Aerospace Inc.                                                                                          | HONA 4.6 03/16/33 144A                                               | CUSIP: 43849RAF2<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |    221000 | PA      | $218529.03    | 0.10%             | 2033-03-16      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| Woolpert Inc - TL 1L 09/25                                                                                        | Woolpert Inc - TL 1L 09/25                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    359075 | PA      | $360403.17    | 0.16%             | 2032-04-05      | Floating      | 8.27%                 | Yes           |                  3 | On Loan: No      |
| BENCHMARK 2020-B22 MORTGAGE TRUST                                                                                 | BMARK 2020-B22 AM                                                    | CUSIP: 08163BBG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203000 | PA      | $174357.17    | 0.08%             | 2054-01-16      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                                                              | BXP 5.75 01/15/35                                                    | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223860.16    | 0.10%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEFCO Corp - Revolver 1L 01/26                                                                                    | NEFCO Corp - Revolver 1L 01/26                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    105263 | PA      | $104999.84    | 0.05%             | 2033-01-13      | Floating      | 10.25%                | No            |                  3 | On Loan: No      |
| Amazon.com, Inc.                                                                                                  | AMZN 4.35 03/20/33                                                   | CUSIP: 023135CU8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166974.59    | 0.07%             | 2033-03-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                                  | PM 4.875 04/30/35                                                    | CUSIP: 718172DU0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50230.08     | 0.02%             | 2035-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Ares Secondaries Pbn Finance Co IV LLC - TL DD C 05/25                                                            | Ares Secondaries Pbn Finance Co IV LLC - TL DD C 05/25               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    461538 | PA      | $461722.62    | 0.20%             | 2039-04-14      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                                                                                            | ISPIM V8.248 11/21/33 144A                                           | CUSIP: 46115HBV8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    225000 | PA      | $259381.96    | 0.11%             | 2033-11-21      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Med-Metrix - Revolver 1L 07/25                                                                                    | Med-Metrix - Revolver 1L 07/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3725407 | PA      | $3729132.41   | 1.64%             | 2032-07-21      | Floating      | 8.17%                 | Yes           |                  3 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 6 08/03/55                                                      | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    132000 | PA      | $110772.29    | 0.05%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC                                                                                          | NGL 8.375 02/15/32 144A                                              | CUSIP: 62922LAD0<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92814.66     | 0.04%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| SCG TRUST 2025-SNIP                                                                                               | SCG 2025-SNIP A                                                      | CUSIP: 78398JAA2<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-O            | CORP              | US        |    360000 | PA      | $360534.02    | 0.16%             | 2042-09-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| AGS Health - TL 1L 07/25                                                                                          | AGS Health - TL 1L 07/25                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    117422 | PA      | $116248.26    | 0.05%             | 2032-07-31      | Floating      | 8.17%                 | No            |                  3 | On Loan: No      |
| Boeing Co.                                                                                                        | BA 3.25 02/01/28                                                     | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98056.53     | 0.04%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                                  | TEVA 6 12/01/32                                                      | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $205396.00    | 0.09%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP (THE)                                                                                          | HHH 5.875 03/01/32 144A                                              | CUSIP: 44267DAG2<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38532.43     | 0.02%             | 2032-03-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                                                            | MPW 5 10/15/27                                                       | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    450000 | PA      | $419265.02    | 0.18%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                                                 | WFC V5.707 04/22/28 MTN                                              | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405221.36    | 0.18%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                                                           | HYNMTR 4.25 01/08/29 144A                                            | CUSIP: 44891AED5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    103000 | PA      | $101896.58    | 0.04%             | 2029-01-08      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| DISH Network Corporation                                                                                          | DISH 11.75 11/15/27 144A                                             | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    266000 | PA      | $274190.14    | 0.12%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                                                | NWL 7.5 04/01/46                                                     | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28125.36     | 0.01%             | 2046-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Imperial Brands Finance Plc                                                                                       | IMBLN 5.625 07/01/35 144A                                            | CUSIP: 45262BAK9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201770.91    | 0.09%             | 2035-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| VetCorProfessionalPracticesLLC-Revolver1L08/22                                                                    | VetCorProfessionalPracticesLLC-Revolver1L08/22                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84848 | PA      | $82582.07     | 0.04%             | 2029-08-31      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C27                                                                                    | BBCMS 2024-5C27 C                                                    | CUSIP: 05555FAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $245747.28    | 0.11%             | 2057-07-17      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| CLARIVATE SCIENCE HOLDINGS CORP                                                                                   | CLVTSC 3.875 07/01/28 144A                                           | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47228.86     | 0.02%             | 2028-07-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN CB2041                                                            | CUSIP: 3140QMHT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39133 | PA      | $33177.03     | 0.01%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                                                            | MINAU 8.5 05/01/30 144A                                              | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    140000 | PA      | $144039.93    | 0.06%             | 2030-05-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Superior Plus LP / Superior General Partner Inc                                                                   | SPBCN 4.5 03/15/29 144A                                              | CUSIP: 86828LAC6<br>LEI: 549300K5Y13GU6TPZJ49 | Long             | DBT              | CORP              | CA        |     30000 | PA      | $28699.65     | 0.01%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.5 06/01/33 144A                                               | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $60993.35     | 0.03%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                                                | LADR 4.75 06/15/29 144A                                              | CUSIP: 505742AP1<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19396.64     | 0.01%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Block Inc                                                                                                         | XYZ 2.75 06/01/26                                                    | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69727.05     | 0.03%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NAVEX Global Inc - TL 1L 10/25                                                                                    | NAVEX Global Inc - TL 1L 10/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     91796 | PA      | $90878.07     | 0.04%             | 2032-10-14      | Floating      | 8.68%                 | Yes           |                  3 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V1.794 02/13/32 MTN                                               | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69295.10     | 0.03%             | 2032-02-13      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                                                                                   | EQT 3.625 05/15/31 144A                                              | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70037.67     | 0.03%             | 2031-05-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                                                         | TIBX 8.25 06/30/32 144A                                              | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    265000 | PA      | $251547.25    | 0.11%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Sphera Solutions Inc - Revolver 1L 09/25                                                                          | Sphera Solutions Inc - Revolver 1L 09/25                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     22360 | PA      | $21673.57     | 0.01%             | 2032-09-24      | Floating      | 5.00%                 | No            |                  3 | On Loan: No      |
| The Cigna Group                                                                                                   | CI 5.25 01/15/36                                                     | CUSIP: 125523CZ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    155000 | PA      | $155258.62    | 0.07%             | 2036-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HSBC BANK USA, NATIONAL ASSOCIATION                                                                               | NOK/USD FORWARD                                                      | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-65.33       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Matador Resources Company                                                                                         | MTDR 6 04/15/34 144A                                                 | CUSIP: 576485AJ5<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24857.18     | 0.01%             | 2034-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 0.000 12/2055 Class R (Equity)                                                             | Sallie Mae Unlevered - 0.000 12/2055 Class R (Equity)                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30205 | PA      | $31059.64     | 0.01%             | 2055-12-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Post Holdings Inc.                                                                                                | POST 4.625 04/15/30 144A                                             | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57642.28     | 0.03%             | 2030-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                                | META 5.4 08/15/54                                                    | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    105000 | PA      | $95178.97     | 0.04%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| West Star Aviation Inc - Revolver 1L 05/25                                                                        | West Star Aviation Inc - Revolver 1L 05/25                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     51814 | PA      | $51813.50     | 0.02%             | 2032-05-20      | Floating      | 8.17%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 5.650 12/2055 Class C                                                                      | Sallie Mae Unlevered - 5.650 12/2055 Class C                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9130 | PA      | $9149.68      | 0.00%             | 2055-12-25      | Fixed         | 5.65%                 | No            |                  3 | On Loan: No      |
| DATA 2023-CNTR MORTGAGE TRUST                                                                                     | DATA 2023-CNTR A                                                     | CUSIP: 238021AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251940.65    | 0.11%             | 2043-08-12      | Variable      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 5.869 10/31/35                                                     | CUSIP: 345397H89<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192109.75    | 0.08%             | 2035-10-31      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Multifamily Connecticut Avenue Securities Trust 2023-01                                                           | MCAS 2023-01 M7                                                      | CUSIP: 62548NAA6<br>LEI: 254900JAK6X5OPMD5925 | Long             | ABS-O            | CORP              | US        |    360600 | PA      | $370731.26    | 0.16%             | 2053-11-25      | Floating      | 7.66%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN DB6296                                                            | CUSIP: 3140AF7J9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    106371 | PA      | $110939.90    | 0.05%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 4.875 03/01/31 144A                                              | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35967.30     | 0.02%             | 2031-03-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Amgen Inc.                                                                                                        | AMGN 5.25 03/02/33                                                   | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    310000 | PA      | $318237.45    | 0.14%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                                                | BX 2025-VOLT D                                                       | CUSIP: 05619PAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    512000 | PA      | $509777.41    | 0.22%             | 2044-12-15      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                                                       | IONPLA 9.5 05/30/29 144a                                             | CUSIP: 46206AAB8<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |    210000 | PA      | $197910.01    | 0.09%             | 2029-05-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                                  | TEVA 4.1 10/01/46                                                    | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     40000 | PA      | $29699.84     | 0.01%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Sunrun Inc - TL 1L 07/23 (Charis)                                                                                 | Sunrun Inc - TL 1L 07/23 (Charis)                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    650932 | PA      | $665838.05    | 0.29%             | 2059-04-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                                           | HILCRP 8.375 11/01/33 144A                                           | CUSIP: 431318BC7<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52203.85     | 0.02%             | 2033-11-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                                      | HESM 5.875 03/01/28 144A                                             | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10070.06     | 0.00%             | 2028-03-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                                                  | AMZN 4.1 11/20/30                                                    | CUSIP: 023135CT1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    165000 | PA      | $163134.73    | 0.07%             | 2030-11-20      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                                   | TDG 6.625 03/01/32 144A                                              | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91900.80     | 0.04%             | 2032-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Centersquare Issuer LLC / Centersquare Co-Issuer LLC                                                              | CNSQ 2025-5A A2                                                      | CUSIP: 15201EAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1103000 | PA      | $1074690.95   | 0.47%             | 2055-12-27      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V4.456 02/06/32                                                  | CUSIP: 060505GQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    160000 | PA      | $158031.56    | 0.07%             | 2032-02-06      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-GC36                                                                     | CGCMT 2016-GC36 A5                                                   | CUSIP: 17324TAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    219593 | PA      | $218129.16    | 0.10%             | 2049-02-12      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                                                         | ORAFP 4.75 01/13/33 144A                                             | CUSIP: 685218AE9<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $197836.42    | 0.09%             | 2033-01-13      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Bonterra LLC - Revolver 1L 03/25                                                                                  | Bonterra LLC - Revolver 1L 03/25                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    191168 | PA      | $189619.37    | 0.08%             | 2032-03-05      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Sunoco LP / Sunoco Finance Corp.                                                                                  | SUN 4.5 05/15/29                                                     | CUSIP: 86765LAT4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29274.22     | 0.01%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                                   | TDG 6.125 07/31/34 144A                                              | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     62000 | PA      | $61057.13     | 0.03%             | 2034-07-31      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                                    | BCRED 5.95 07/16/29                                                  | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    216000 | PA      | $212905.22    | 0.09%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class D                                                                 | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class D                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     21468 | PA      | $21467.52     | 0.01%             | 2036-03-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Quikrete Holdings Inc                                                                                             | QUIKHO 6.375 03/01/32 144A                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40590.12     | 0.02%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Gilead Sciences Inc.                                                                                              | GILD 5.55 10/15/53                                                   | CUSIP: 375558CA9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48652.80     | 0.02%             | 2053-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V2.972 02/04/33 MTN                                              | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9960.27      | 0.00%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc.                                                                                           | AAP 7.375 08/01/33 144A                                              | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50683.25     | 0.02%             | 2033-08-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN V7.875 PERP 144A                                                 | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51089.30     | 0.02%             | N/A             | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                                                      | OCINCC 4.7 02/08/27 *                                                | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103844.37    | 0.05%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Saturn Oil & Gas Inc                                                                                              | SOILCN 9.625 06/15/29 144A                                           | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |     18000 | PA      | $18852.71     | 0.01%             | 2029-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                                                        | BATSLN 6.25 08/15/55                                                 | CUSIP: 05526DCD5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202493.75    | 0.09%             | 2055-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                                    | C V5.333 03/27/36 .                                                  | CUSIP: 17327CBA0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200680.22    | 0.09%             | 2036-03-27      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| SUNRUN NEPTUNE ISSUER 2024-1                                                                                      | SUNRN 2024-1A A                                                      | CUSIP: 86773CAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    109103 | PA      | $109351.29    | 0.05%             | 2055-02-01      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| ViaSat                                                                                                            | ViaSat Term Loan B (Incremental) 450 2030-05-01                      | CUSIP: 92555WAF2<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |     89313 | PA      | $89508.39     | 0.04%             | 2030-05-30      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| ams OSRAM AG                                                                                                      | AMSSW 12.25 03/30/29 144A                                            | CUSIP: 03217CAB2<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |    150000 | PA      | $159669.90    | 0.07%             | 2029-03-30      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Navient Corporation                                                                                               | NAVI 5.5 03/15/29                                                    | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    135000 | PA      | $123870.90    | 0.05%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| The Progressive Corporation                                                                                       | PGR 5.15 03/26/36                                                    | CUSIP: 743315BD4<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145267.35    | 0.06%             | 2036-03-26      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V5.073 01/30/37                                                   | CUSIP: 61748UAT9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    376000 | PA      | $368515.19    | 0.16%             | 2037-01-30      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN BT7309                                                            | CUSIP: 3140LWDP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    660912 | PA      | $533172.14    | 0.24%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                                             | FN FM6965                                                            | CUSIP: 3140XAW32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    641776 | PA      | $541738.19    | 0.24%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EchoStar Corp.                                                                                                    | SATS 3.875 11/30/30                                                  | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     20426 | PA      | $73015.67     | 0.03%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NCR Atleos Corp.                                                                                                  | NCRATL 9.5 04/01/29 144A                                             | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53550.12     | 0.02%             | 2029-04-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                                              | JPM V1.953 02/04/32                                                  | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    103000 | PA      | $90719.31     | 0.04%             | 2032-02-04      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                                  | GEL 7.875 05/15/32                                                   | CUSIP: 37185LAQ5<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30872.10     | 0.01%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Oak-Eagle AcquireCo Inc.                                                                                          | EA 7.25 07/01/33 144A                                                | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31102.33     | 0.01%             | 2033-07-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 6.125 12/15/30 144A                                           | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25724.40     | 0.01%             | 2030-12-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Abbott Laboratories                                                                                               | ABT 5.5 03/15/56                                                     | CUSIP: 002824BW9<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166810.17    | 0.07%             | 2056-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                                              | JPM V2.545 11/08/32                                                  | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    210000 | PA      | $186750.93    | 0.08%             | 2032-11-08      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Rockefeller Capital Management LP - TL 1L 12/25                                                                   | Rockefeller Capital Management LP - TL 1L 12/25                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    911111 | PA      | $907102.11    | 0.40%             | 2032-12-02      | Floating      | 8.17%                 | Yes           |                  3 | On Loan: No      |
| Athenahealth Group Inc.                                                                                           | ATHENA 6.5 02/15/30 144A                                             | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    130000 | PA      | $122160.18    | 0.05%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2025-01                                                           | MCAS 2025-01 M1                                                      | CUSIP: 62549CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    288781 | PA      | $293681.41    | 0.13%             | 2055-05-25      | Floating      | 6.06%                 | Yes           |                  2 | On Loan: No      |
| Amgen Inc.                                                                                                        | AMGN 5.65 03/02/53                                                   | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193839.63    | 0.09%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LCM Investments Holdings II LLC                                                                                   | MAGLLC 4.875 05/01/29 144A                                           | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107108.25    | 0.05%             | 2029-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                                              | GM 5.9 01/07/35                                                      | CUSIP: 37045XFC5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178212.32    | 0.08%             | 2035-01-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MMP CAPITAL 2025-A LLC                                                                                            | MMP 2025-A B                                                         | CUSIP: 55317QAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    282000 | PA      | $285022.81    | 0.13%             | 2031-12-15      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                                                           | NXST 7.25 04/15/34 144A                                              | CUSIP: 65346UAA7<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |    185000 | PA      | $185746.79    | 0.08%             | 2034-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Capital America                                                                                           | HYNMTR 5.1 06/24/30 144A                                             | CUSIP: 44891ADW4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     94000 | PA      | $94747.06     | 0.04%             | 2030-06-24      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Amphenol Corporation                                                                                              | APH 5.3 11/15/55                                                     | CUSIP: 032095BB6<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    133000 | PA      | $124998.67    | 0.06%             | 2055-11-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Clarience Technologies LLC - TL 1L 06/25 (2025 Replacement)                                                       | Clarience Technologies LLC - TL 1L 06/25 (2025 Replacement)          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3886243 | PA      | $3847380.82   | 1.70%             | 2032-02-13      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Davita Inc                                                                                                        | DVA 6.875 09/01/32 144A                                              | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61518.11     | 0.03%             | 2032-09-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                                                     | F 6.5 02/07/35                                                       | CUSIP: 345397G56<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201926.97    | 0.09%             | 2035-02-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                                                           | UNH 5.95 06/15/55                                                    | CUSIP: 91324PFR8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120977.85    | 0.05%             | 2055-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Black Pearl Compute LLC                                                                                           | BLKPRL 6.125 02/15/31 144A                                           | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $30571.41     | 0.01%             | 2031-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                                                                         | TOYOTA 4.6 03/11/33 B                                                | CUSIP: 89236TPS8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108332.95    | 0.05%             | 2033-03-11      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                                                      | THC 4.25 06/01/29                                                    | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    275000 | PA      | $266825.94    | 0.12%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEFCO Corp - TL 1L 01/26                                                                                          | NEFCO Corp - TL 1L 01/26                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    736842 | PA      | $734999.90    | 0.32%             | 2033-01-13      | Floating      | 8.24%                 | No            |                  3 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.25 01/15/34 144A                                              | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $59949.65     | 0.03%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC)                  | ACI 5.75 03/31/34 144A                                               | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146939.45    | 0.06%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| New Fortress Energy Inc.                                                                                          | New Fortress Energy Inc. COM CL A                                    | CUSIP: 644393100<br>LEI: 254900EICTYTCHA5X705 | Long             | EC               | CORP              | US        |      4124 | NS      | $2433.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                                                                                      | SNPS 5.7 04/01/55                                                    | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119592.72    | 0.05%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FONTAINEBLEAU MIAMI BEACH TRUST 2024-FBLU                                                                         | FMBT 2024-FBLU E                                                     | CUSIP: 34461WAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $502621.30    | 0.22%             | 2039-12-15      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| Avantor Funding Inc                                                                                               | AVTR 4.625 07/15/28 144A                                             | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97661.35     | 0.04%             | 2028-07-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                                                      | RCL 5.25 02/27/38                                                    | CUSIP: 78017TAD5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    369000 | PA      | $351187.38    | 0.15%             | 2038-02-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sunrun Jupiter Issuer 2022-1 LLC                                                                                  | SUNRN 2022-1A A                                                      | CUSIP: 86772RAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    354376 | PA      | $340303.53    | 0.15%             | 2057-07-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                                                          | WYNFIN 5.125 10/01/29 144A                                           | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $182703.39    | 0.08%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PacifiCorp.                                                                                                       | BRKHEC 5.5 05/15/54                                                  | CUSIP: 695114DA3<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    155000 | PA      | $136041.77    | 0.06%             | 2054-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Company                                                                                      | BMY 5.2 02/22/34                                                     | CUSIP: 110122EH7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    305000 | PA      | $312794.54    | 0.14%             | 2034-02-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                                                            | BWY 9.25 04/15/30 144A                                               | CUSIP: 57763RAF4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60448.56     | 0.03%             | 2030-04-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Setna_AA_1L_DDTL_Oct25                                                                                            | Setna_AA_1L_DDTL_Oct25                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    473835 | PA      | $475872.91    | 0.21%             | 2031-12-02      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Philip Morris International Inc.                                                                                  | PM 4.9 11/01/34                                                      | CUSIP: 718172DQ9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298529.73    | 0.13%             | 2034-11-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Versant Media Group Inc.                                                                                          | VSNT 7.25 01/30/31 144A                                              | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46089.95     | 0.02%             | 2031-01-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| OWN EQUIPMENT FUND III LLC                                                                                        | EQS 2025-2M C                                                        | CUSIP: 69122AAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    482487 | PA      | $489974.57    | 0.22%             | 2034-03-27      | Fixed         | 8.77%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                    | MS V4.133 10/18/29 I                                                 | CUSIP: 61748UAK8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108746.28    | 0.05%             | 2029-10-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                                                       | VZ 6 11/30/65                                                        | CUSIP: 92343VHK3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37820.82     | 0.02%             | 2065-11-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR QY1746                                                            | CUSIP: 31426K5G7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    322300 | PA      | $305032.15    | 0.13%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 7.5 05/01/33 144A                                             | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $82484.18     | 0.04%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Navient Corporation                                                                                               | NAVI 9.375 07/25/30                                                  | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    180000 | PA      | $175630.21    | 0.08%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| News Corporation                                                                                                  | NWSA 3.875 05/15/29 144A                                             | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28959.44     | 0.01%             | 2029-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                                                                             | LONRID 8.75 02/15/32 144A                                            | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |    120000 | PA      | $125984.16    | 0.06%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                             | BAC V4.571 04/27/33                                                  | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1965.90      | 0.00%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 5.2 09/26/35                                                    | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    375000 | PA      | $351937.22    | 0.16%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                                                                                       | SVC 2026-1A M                                                        | CUSIP: 78488JAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    171000 | PA      | $169349.88    | 0.07%             | 2056-03-20      | Fixed         | 7.55%                 | Yes           |                  2 | On Loan: No      |
| Public Service Electric & Gas Co.                                                                                 | PEG 4.2 01/01/31 R                                                   | CUSIP: 74456QCX2<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    280000 | PA      | $276446.68    | 0.12%             | 2031-01-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Tropicana Products Inc - Revolver 1L 02/25                                                                        | Tropicana Products Inc - Revolver 1L 02/25                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3449940 | PA      | $3460979.47   | 1.53%             | 2029-01-24      | Floating      | 8.41%                 | Yes           |                  3 | On Loan: No      |
| Kuwait (State Of)                                                                                                 | KUWIB 4.652 10/09/35 144A                                            | CUSIP: 501499AF4<br>LEI: 549300FSC1YD0D9XX589 | Long             | DBT              | NUSS              | KW        |    200000 | PA      | $192352.72    | 0.08%             | 2035-10-09      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class E                                                                 | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class E                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     35935 | PA      | $35934.76     | 0.02%             | 2036-03-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 6.250 12/2055 Class D                                                                      | Sallie Mae Unlevered - 6.250 12/2055 Class D                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6086 | PA      | $6072.36      | 0.00%             | 2055-12-25      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| Ontario (Province Of)                                                                                             | ONT 3.9 09/04/30                                                     | CUSIP: 683234EV6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | MUN               | CA        |    173000 | PA      | $172101.91    | 0.08%             | 2030-09-04      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc.                                               | FRTITA 6.75 01/15/30 144A                                            | CUSIP: 31556TAC3<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28044.52     | 0.01%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Truist Insurance Holdings                                                                                         | Truist Insurance Holdings Second-lien Term Loan 475 2032-02-28       | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    110000 | PA      | $109220.87    | 0.05%             | 2032-05-06      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                                                                | RYASPE 5.875 08/01/32 144A                                           | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19783.39     | 0.01%             | 2032-08-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Service Properties Trust                                                                                          | SVC 3.95 01/15/28                                                    | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    120000 | PA      | $114871.67    | 0.05%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                                                         | ORAFP 4 01/13/29 144A                                                | CUSIP: 685218AH2<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $198040.38    | 0.09%             | 2029-01-13      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL SC FINANCE X LTD                                                                                           | SEACO 2025-1H A                                                      | CUSIP: 37893FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    395770 | PA      | $394742.15    | 0.17%             | 2045-09-20      | Fixed         | 6.17%                 | Yes           |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FDG TR 2024-NQM7                                                                                | BRAVO 2024-NQM7 A1                                                   | CUSIP: 105698AC8<br>LEI: 254900T3YTF92WA96N66 | Long             | ABS-O            | CORP              | US        |    651640 | PA      | $654233.62    | 0.29%             | 2064-10-25      | Variable      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.                              | CHTR 4.8 03/01/50                                                    | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     61000 | PA      | $45131.31     | 0.02%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                                               | CAR 4.75 04/01/28 144A                                               | CUSIP: 053773BG1<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29292.52     | 0.01%             | 2028-04-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                                                       | IONPLA 4.625 05/01/28 144A                                           | CUSIP: 46206AAC6<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23341.07     | 0.01%             | 2028-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Transocean International Ltd.                                                                                     | RIG 8.75 02/15/30 144A                                               | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     28000 | PA      | $29207.16     | 0.01%             | 2030-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                                                    | MEX 6.875 05/13/37                                                   | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $210000.00    | 0.09%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| United Natural Foods, Inc.                                                                                        | UNFI 6.75 10/15/28 144A                                              | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |     54000 | PA      | $54092.50     | 0.02%             | 2028-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                                                         | TIBX 9 09/30/29 144A                                                 | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    460000 | PA      | $444189.16    | 0.20%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                                                                     | GOOGL 4.8 02/15/36                                                   | CUSIP: 02079KBM8<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49805.21     | 0.02%             | 2036-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Strategy Inc.                                                                                                     | MSTR 0 12/01/29                                                      | CUSIP: 594972AS0<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    130000 | PA      | $108225.00    | 0.05%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                                                           | ISATLN 9 09/15/29 144A                                               | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |    600000 | PA      | $631074.00    | 0.28%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                                                           | VENLNG 8.375 06/01/31 144A                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83239.63     | 0.04%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                                | META 5.625 11/15/55 .                                                | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    149000 | PA      | $139770.93    | 0.06%             | 2055-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Higginbotham Insurance Agency Inc - TL 1L 12/25                                                                   | Higginbotham Insurance Agency Inc - TL 1L 12/25                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    850317 | PA      | $846065.45    | 0.37%             | 2031-06-11      | Floating      | 8.17%                 | Yes           |                  3 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                                                   | CDS CDX.NA.HY.46.V1                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $100379.58    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                                                           | HYNMTR 5.3 01/08/30 144A                                             | CUSIP: 44891ADM6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    325000 | PA      | $329907.76    | 0.15%             | 2030-01-08      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                                                                      | TII 1.25 04/15/28                                                    | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    276512 | PA      | $277635.13    | 0.12%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Navient Corporation                                                                                               | NAVI 5 03/15/27                                                      | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97827.49     | 0.04%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 5.450 12/2055 Class B                                                                      | Sallie Mae Unlevered - 5.450 12/2055 Class B                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39562 | PA      | $39640.64     | 0.02%             | 2055-12-25      | Fixed         | 5.45%                 | No            |                  3 | On Loan: No      |
| ClubCorp Club Operations Inc - TL 1L B 07/25                                                                      | ClubCorp Club Operations Inc - TL 1L B 07/25                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    423796 | PA      | $421804.52    | 0.19%             | 2032-07-10      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Wells Fargo & Co.                                                                                                 | WFC V2.879 10/30/30 MTN                                              | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70772.76     | 0.03%             | 2030-10-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                                                       | VZ 2.355 03/15/32                                                    | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     23000 | PA      | $20083.95     | 0.01%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                                                                                   | SBUX 5 02/15/34                                                      | CUSIP: 855244BJ7<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34215.74     | 0.02%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                                                               | ABT 4.65 03/15/36                                                    | CUSIP: 002824BU3<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    230000 | PA      | $224995.87    | 0.10%             | 2036-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings Llc                                                                              | FYBR 6.75 05/01/29 144A                                              | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $70132.72     | 0.03%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS INC                                                                                         | ENDP 8.5 04/15/31 144A                                               | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $52392.45     | 0.02%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Chubb INA Holdings LLC                                                                                            | CB 5 03/15/34                                                        | CUSIP: 171239AK2<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100595.61    | 0.04%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-5C34                                                                                    | BBCMS 2025-5C34 A3                                                   | CUSIP: 07337BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    666000 | PA      | $688643.40    | 0.30%             | 2058-05-17      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                                      | ORCL 6.7 02/04/56                                                    | CUSIP: 68389XEB7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    304000 | PA      | $282363.45    | 0.12%             | 2056-02-04      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class F                                                                 | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class F                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     20067 | PA      | $20067.46     | 0.01%             | 2036-03-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Med-Metrix - TL 1L DD 07/25                                                                                       | Med-Metrix - TL 1L DD 07/25                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      2778 | PA      | $2780.56      | 0.00%             | 2032-07-21      | Floating      | 8.18%                 | Yes           |                  3 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                                  | FR RQ0113                                                            | CUSIP: 3142J6DT7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    321566 | PA      | $332622.69    | 0.15%             | 2056-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                                                  | FN FA2839                                                            | CUSIP: 3140W3EM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    475214 | PA      | $400837.80    | 0.18%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Kennedy Wilson Inc                                                                                                | KW 4.75 02/01/30                                                     | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    230000 | PA      | $230240.38    | 0.10%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                                       | HERTZ 2021-2A B                                                      | CUSIP: 42806MAF6<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    336000 | PA      | $331247.72    | 0.15%             | 2027-12-25      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                                                                                       | IONPLA 9 08/01/29 144A                                               | CUSIP: 46206AAF9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4640.84      | 0.00%             | 2029-08-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc                                                                                           | BAH 4 07/01/29 144A                                                  | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33892.62     | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARETEC ESCROW ISSUER 2 INC                                                                                        | RCAP 10 08/15/30 144A                                                | CUSIP: 04020JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $48917.08     | 0.02%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                                           | TLN 8.625 06/01/30 144A                                              | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    140000 | PA      | $146935.18    | 0.06%             | 2030-06-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| AT&T Inc                                                                                                          | T 5.4 02/15/34                                                       | CUSIP: 00206RMT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35801.93     | 0.02%             | 2034-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| 522 Funding CLO LTD                                                                                               | 522 Funding CLO 2019-5 Ltd                                           | CUSIP: 33829WAL3<br>LEI: 549300HKB0UTKU91DG08 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249767.50    | 0.11%             | 2035-04-15      | Floating      | 4.68%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE S.A                                                                                   | CONSOLIDATED ENERGY FINANCE S.A                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     45000 | PA      | $43312.50     | 0.02%             | 2030-11-18      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| VetCor Professional Practices LLC - TL 1L DD 09/23                                                                | VetCor Professional Practices LLC - TL 1L DD 09/23                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     40004 | PA      | $39227.69     | 0.02%             | 2029-08-31      | Floating      | 9.67%                 | No            |                  3 | On Loan: No      |
| American Community Finance LLC - 6.460 05/2031 SSN                                                                | American Community Finance LLC - 6.460 05/2031 SSN                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2666667 | PA      | $2727467.01   | 1.20%             | 2031-05-30      | Fixed         | 6.46%                 | No            |                  3 | On Loan: No      |
| Molina Healthcare, Inc.                                                                                           | MOH 6.5 02/15/31 144A                                                | CUSIP: 60855RAN0<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63983.09     | 0.03%             | 2031-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc.                                                                                     | UVN 4.5 05/01/29 144A                                                | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    130000 | PA      | $122226.85    | 0.05%             | 2029-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Public Service Electric & Gas Co.                                                                                 | PEG 5.625 01/01/56 R                                                 | CUSIP: 74456QCY0<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73854.62     | 0.03%             | 2056-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Capital Group KKR Core Plus (plus)

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Lead Analyst