# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001752724-23-072415
**Filing Date:** 2023-3
**Character Count:** 423978
**Document Hash:** 1e7b301d5f461ad7a7dc3d92f863455b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072415.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072415

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 23774868

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA IDEX MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20040301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FDS
- **DATE OF NAME CHANGE:** 20010504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FUNDS /
- **DATE OF NAME CHANGE:** 20010423

## Series and Classes Contracts Data

### Transamerica Unconstrained Bond (Series ID: S000047479)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000149082 | A            | TUNAX           |
| C000149084 | I            | TUNIX           |
| C000149085 | I2           |  |

## Nport-Ex

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES - 12.4%** | **ASSET-BACKED SECURITIES - 12.4%** | **ASSET-BACKED SECURITIES - 12.4%** |
|  American Express Credit Account Master Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class A, Series 2022-3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 08/15/2027 | $3200000 | $3148254 |
|  Apidos CLO XLI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class B1, Series 2022-41A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.00%,<br>6.62% <sup>(A)</sup>, 10/20/2034 <sup>(B)</sup> | 1000000 | 999412 |
|  Apidos CLO XVIII |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-18A, Class A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.40%,<br>6.22% <sup>(A)</sup>, 10/22/2030 <sup>(B)</sup> | 3000000 | 2945010 |
|  Atrium XIII |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 13A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.18%,<br>6.00% <sup>(A)</sup>, 11/21/2030 <sup>(B)</sup> | 3000000 | 2984277 |
|  Bain Capital Credit CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1A, Class A1R, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 0.97%,<br>5.78% <sup>(A)</sup>, 07/20/2030 <sup>(B)</sup> | 2722883 | 2702456 |
|  Barings CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class A, Series 2022-2A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 1.80%,<br>6.46% <sup>(A)</sup>, 07/15/2035 <sup>(B)</sup> | 5050000 | 4982386 |
|  Benefit Street Partners CLO IV Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-IVA, Class ARRR, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.18%,<br>5.99% <sup>(A)</sup>, 01/20/2032 <sup>(B)</sup> | 4250000 | 4212098 |
|  Benefit Street Partners CLO XX Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-20A, Class BR, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.70%,<br>6.49% <sup>(A)</sup>, 07/15/2034 <sup>(B)</sup> | 3950000 | 3826495 |
|  Capital Four US CLO II Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class B, Series 2022-1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.10%,<br>6.77% <sup>(A)</sup>, 10/20/2030 <sup>(B)</sup> | 1500000 | 1476023 |
|  Capital One Multi-Asset Execution Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A2, Class A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.39%, 07/15/2030 | 3000000 | 2592799 |
|  Capital One Prime Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-2, Class A4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.96%, 02/18/2025 | 1000000 | 992403 |
|  CarMax Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, ClassA3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 10/15/2027 | 200000 | 199940 |
|  Chase Issuance Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A1, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97%, 09/15/2027 | 3000000 | 2966823 |
|  Citibank Credit Card Issuance Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A7, Class A7, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 10/13/2030 | 1000000 | 986305 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
|  Columbia Cent CLO 31 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-31A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.55%,<br>6.36% <sup>(A)</sup>, 04/20/2034 <sup>(B)</sup> | $10000000 | $9539280 |
|  GM Financial Consumer Automobile Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-4, Class A4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.76%, 01/16/2025 | 5000000 | 4946539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class A2A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 03/16/2026 | 250000 | 250319 |
|  Honda Auto Receivables Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class A4, Series 2022-2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76%, 12/18/2028 | 400000 | 393504 |
|  Invesco CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-3A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 2.75%,<br>6.61% <sup>(A)</sup>, 10/22/2035 <sup>(B)</sup> | 1000000 | 996481 |
|  LCM XXIV Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24A, Class AR, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 0.98%,<br>5.79% <sup>(A)</sup>, 03/20/2030 <sup>(B)</sup> | 949412 | 940100 |
|  Logan CLO II Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.70%,<br>6.51% <sup>(A)</sup>, 01/20/2035 <sup>(B)</sup> | 2500000 | 2438692 |
|  Mercedes-Benz Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1, Class A4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.04%, 01/15/2026 | 2333874 | 2311153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, ClassA3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.51%, 11/15/2027 | 500000 | 499124 |
|  Octagon Investment Partners 44 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class BR, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.70%,<br>6.49% <sup>(A)</sup>, 10/15/2034 <sup>(B)</sup> | 3000000 | 2913099 |
|  Silver Rock CLO II Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2A, Class B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.90%,<br>6.71% <sup>(A)</sup>, 01/20/2035 <sup>(B)</sup> | 2298000 | 2201994 |
|  Sixth Street CLO XX Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-20A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.65%,<br>6.46% <sup>(A)</sup>, 10/20/2034 <sup>(B)</sup> | 1000000 | 978280 |
|  Symphony CLO 36 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class A1, series 2022-36A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 2.05%,<br>6.71% <sup>(A)</sup>, 10/24/2035 <sup>(B)</sup> | 4700000 | 4686229 |
|  TCW CLO AMR Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class BR, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.75%,<br>6.39% <sup>(A)</sup>, 08/16/2034 <sup>(B)</sup> | 7900000 | 7559447 |
|  TICP CLO XII Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-12A, Class BR, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.65%,<br>6.44% <sup>(A)</sup>, 07/15/2034 <sup>(B)</sup> | 6650000 | 6473230 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 1** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
|  Toyota Lease Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.96%, 02/20/2025 <sup>(B)</sup> | $3500000 | $3387728 |
|  Voya CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-3A, Class A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.40%,<br>6.19% <sup>(A)</sup>, 10/15/2031 <sup>(B)</sup> | 5200000 | 5083203 |
|  **Total Asset-Backed Securities<br>(Cost $91,939,193)** | **Total Asset-Backed Securities<br>(Cost $91,939,193)** | 90613083 |
| **CORPORATE DEBT SECURITIES - 20.1%** | **CORPORATE DEBT SECURITIES - 20.1%** | **CORPORATE DEBT SECURITIES - 20.1%** |
| **Aerospace & Defense - 0.1%** | **Aerospace & Defense - 0.1%** | **Aerospace & Defense - 0.1%** |
|  Boeing Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/01/2030 | 375000 | 377136 |
|  Moog, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/15/2027 <sup>(B)</sup> | 172000 | 159871 |
|  Rolls-Royce PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/15/2027 <sup>(B)</sup> | 213000 | 207021 |
|  Spirit AeroSystems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 04/15/2025 <sup>(B)</sup> | 227000 | 227781 |
|  |  | 971809 |
| **Air Freight & Logistics - 0.1%** | **Air Freight & Logistics - 0.1%** | **Air Freight & Logistics - 0.1%** |
|  Cargo Aircraft Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/01/2028 <sup>(B)</sup> | 244000 | 220778 |
|  United Parcel Service, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/01/2025 | 168000 | 166308 |
|  |  | 387086 |
| **Airlines - 0.2%** | **Airlines - 0.2%** | **Airlines - 0.2%** |
|  Air Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 08/15/2026 <sup>(B)</sup> | 185000 | 171113 |
|  American Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%, 07/15/2025 <sup>(B)</sup> | 460000 | 512163 |
|  British Airways Pass-Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 09/15/2036 <sup>(B)</sup> | 107258 | 88059 |
|  United Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/15/2029 <sup>(B)</sup> | 370000 | 337688 |
|  |  | 1109023 |
| **Automobiles - 0.1%** | **Automobiles - 0.1%** | **Automobiles - 0.1%** |
|  Ford Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/15/2043 | 272000 | 212400 |
|  Toyota Motor Credit Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 11/10/2027 | 275000 | 286423 |
|  |  | 498823 |
| **Banks - 4.7%** | **Banks - 4.7%** | **Banks - 4.7%** |
|  Australia & New Zealand Banking Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/15/2026 <sup>(C)</sup>,<br>6.75% <sup>(A)</sup> <sup>(B)</sup> | 563000 | 567786 |
|  Banco Santander SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.71%, 06/27/2024 | 400000 | 387460 |
|  Bank Hapoalim BM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 10/21/2026,<br>3.26% <sup>(A)</sup>, 01/21/2032 <sup>(D)</sup> | 220000 | 193727 |
|  Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 10/22/2024,<br>2.46% <sup>(A)</sup>, 10/22/2025 | 652000 | 623080 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/02/2025,<br>3.38% <sup>(A)</sup>, 04/02/2026 | 71000 | 68647 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 03/08/2032,<br>3.85% <sup>(A)</sup>, 03/08/2037 | &nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp;38244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/27/2032,<br>4.57% <sup>(A)</sup>, 04/27/2033 | 635000 | 611987 |
|  Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 01/10/2025 | 415000 | 389665 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
|  Bank of Nova Scotia |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/04/2032,<br>4.59% <sup>(A)</sup>, 05/04/2037 | $149000 | $134083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/04/2025 <sup>(C)</sup>,<br>4.90% <sup>(A)</sup> | 2187000 | 2123927 |
|  BankUnited, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 11/17/2025 | 223000 | 220993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 06/11/2030 | 2011000 | 1947214 |
|  Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 12/15/2025 <sup>(C)</sup>,<br>6.13% <sup>(A)</sup> | 2500000 | 2387475 |
|  BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/19/2031,<br>2.87% <sup>(A)</sup>, 04/19/2032 <sup>(B)</sup> | 200000 | 167060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 08/16/2029 <sup>(C)</sup>,<br>7.75% <sup>(A) (B)</sup> | 3125000 | 3234375 |
|  Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 09/29/2027 | 275000 | 269366 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 05/24/2032,<br>4.91% <sup>(A)</sup>, 05/24/2033 | 800000 | 787925 |
|  Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 01/26/2026,<br>1.25% <sup>(A)</sup>, 01/26/2027 <sup>(B)</sup> | 250000 | 223280 |
|  Danske Bank AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/10/2024,<br>0.98% <sup>(A)</sup>, 09/10/2025 <sup>(B)</sup> | 565000 | 520230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 12/20/2024,<br>3.24% <sup>(A)</sup>, 12/20/2025 <sup>(B)</sup> | 593000 | 563666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/26/2025 <sup>(C)</sup>,<br>7.00% <sup>(A) (D)</sup> | 500000 | 485030 |
|  First Horizon Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/01/2030 | 250000 | 252618 |
|  HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/22/2026,<br>2.25% <sup>(A)</sup>, 11/22/2027 | 450000 | 403346 |
|  ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/01/2025,<br>1.40% <sup>(A)</sup>, 07/01/2026 <sup>(B)</sup> | 200000 | 182091 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/16/2026 <sup>(C)</sup>,<br>5.75% <sup>(A)</sup> | 2050000 | 1939772 |
|  JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/08/2031,<br>2.55% <sup>(A)</sup>, 11/08/2032 | 693000 | 573423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/26/2025,<br>4.08% <sup>(A)</sup>, 04/26/2026 | 215000 | 211090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/14/2032,<br>5.72% <sup>(A)</sup>, 09/14/2033 | 250000 | 257204 |
|  Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.19%, 02/25/2025 | 467000 | 441525 |
|  Mizuho Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/13/2024,<br>2.56% <sup>(A)</sup>, 09/13/2025 | 655000 | 623966 |
|  National Australia Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.43%, 01/12/2033 <sup>(B)</sup> | 329000 | 341126 |
|  National Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/15/2023,<br>0.55% <sup>(A)</sup>, 11/15/2024 | 392000 | 377738 |
|  NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 03/22/2024,<br>4.27% <sup>(A)</sup>, 03/22/2025 | 450000 | 444084 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/28/2031 <sup>(C)</sup>,<br>4.60% <sup>(A)</sup> | 562000 | 430633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 12/29/2025 <sup>(C)</sup>,<br>6.00% <sup>(A)</sup> | 1875000 | 1790625 |
|  NatWest Markets PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48%, 03/22/2025 <sup>(B)</sup> | 333000 | 321319 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 2** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
|  Signature Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 10/15/2025,<br>4.00% <sup>(A)</sup>, 10/15/2030 | $929000 | $844879 |
|  Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/18/2030 <sup>(C)</sup>,<br>5.38% <sup>(A) (B) (E)</sup> | 1765000 | 1517766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/22/2027 <sup>(C)</sup>,<br>9.38% <sup>(A) (B)</sup> | 290000 | 311388 |
|  Standard Chartered PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 08/15/2027 <sup>(C)</sup>,<br>7.75% <sup>(A)</sup> <sup>(B)</sup> | 2000000 | 2050000 |
|  Sumitomo Mitsui Trust Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.85%, 03/25/2024 <sup>(B)</sup> | 399000 | 379894 |
|  SVB Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/15/2031 <sup>(C)</sup>,<br>4.10% <sup>(A)</sup> | 1378000 | 1019582 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/29/2027,<br>4.35% <sup>(A)</sup>, 04/29/2028 | 340000 | 326585 |
|  Texas Capital Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 05/06/2026,<br>4.00% <sup>(A)</sup>, 05/06/2031 | 500000 | 454673 |
|  Toronto-Dominion Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 01/10/2028 | 479000 | 488076 |
|  UniCredit SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/03/2024 <sup>(C)</sup>,<br>8.00% <sup>(A)</sup> <sup>(D)</sup> | 2000000 | 1972500 |
|  Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/22/2027 | 400000 | 394438 |
|  |  | 34295561 |
| **Beverages - 0.1%** | **Beverages - 0.1%** | **Beverages - 0.1%** |
|  Constellation Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 05/09/2027 | 43000 | 42440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/02/2026 | 31000 | 31019 |
|  PepsiCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/19/2025 | 257000 | 246150 |
|  |  | 319609 |
| **Biotechnology - 0.1%** | **Biotechnology - 0.1%** | **Biotechnology - 0.1%** |
|  AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/21/2029 | 500000 | 463319 |
|  Grifols Escrow Issuer SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 10/15/2028 <sup>(B)</sup> | 351000 | 305237 |
|  |  | 768556 |
| **Building Products - 0.1%** | **Building Products - 0.1%** | **Building Products - 0.1%** |
|  LBM Acquisition LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 01/15/2029 <sup>(B)</sup> | 325000 | 244420 |
|  Park River Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 08/01/2029 <sup>(B)</sup> | 247000 | 175370 |
|  Standard Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 01/15/2031 <sup>(B)</sup> | 295000 | 234324 |
|  |  | 654114 |
| **Capital Markets - 0.7%** | **Capital Markets - 0.7%** | **Capital Markets - 0.7%** |
|  Aretec Escrow Issuer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 04/01/2029 <sup>(B)</sup> | 265000 | 232758 |
|  Charles Schwab Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 03/03/2027 | 58000 | 53884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 05/21/2025 | 658000 | 646829 |
|  Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/11/2027 <sup>(C)</sup>,<br>5.25% <sup>(A)</sup> <sup>(B)</sup> | 1667000 | 1250250 |
|  Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 01/18/2028,<br>6.72% <sup>(A)</sup>, 01/18/2029 | 435000 | 457026 |
|  Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/10/2026,<br>1.54% <sup>(A)</sup>, 09/10/2027 | 450000 | 397038 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Capital Markets (continued)** | **Capital Markets (continued)** | **Capital Markets (continued)** |
|  Goldman Sachs Group, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/21/2031,<br>2.38% <sup>(A)</sup>, 07/21/2032 | $475000 | $386678 |
|  ION Trading Technologies SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 05/15/2028 <sup>(B)</sup> | 450000 | 385313 |
|  LPL Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/2029 <sup>(B)</sup> | 209000 | 186470 |
|  Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 10/21/2024,<br>1.16% <sup>(A)</sup>, 10/21/2025 | 125000 | 116441 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/20/2026,<br>1.51% <sup>(A)</sup>, 07/20/2027 | 60000 | 53464 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/01/2030,<br>3.62% <sup>(A)</sup>, 04/01/2031 | 425000 | 390077 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/20/2032,<br>5.30% <sup>(A)</sup>, 04/20/2037 | 49000 | 47402 |
|  NFP Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 08/15/2028 <sup>(B)</sup> | 69000 | 60218 |
|  UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 05/12/2027,<br>4.75% <sup>(A)</sup>, 05/12/2028 <sup>(B)</sup> | 275000 | 269927 |
|  |  | 4933775 |
| **Chemicals - 0.2%** | **Chemicals - 0.2%** | **Chemicals - 0.2%** |
|  Albemarle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 06/01/2027 | 150000 | 148679 |
|  Consolidated Energy Finance SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 10/15/2028 <sup>(B)</sup> | 362000 | 314940 |
|  Ecolab, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/15/2028 | 250000 | 259299 |
|  Minerals Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2028 <sup>(B)</sup> | 188000 | 171926 |
|  RPM International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 03/01/2029 | 525000 | 498937 |
|  Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 04/01/2029 <sup>(B)</sup> | 264000 | 190187 |
|  Yara International ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 11/14/2032 <sup>(B)</sup> | 150000 | 164741 |
|  |  | 1748709 |
| **Commercial Services & Supplies - 0.3%** | **Commercial Services & Supplies - 0.3%** | **Commercial Services & Supplies - 0.3%** |
|  Allied Universal Holdco LLC / Allied Universal Finance Corp. / Atlas Luxco 4 SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/01/2028 <sup>(B)</sup> | 200000 | 172508 |
|  Brink's Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 10/15/2027 <sup>(B)</sup> | 255000 | 237912 |
|  Covanta Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 210000 | 178790 |
|  Deluxe Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 06/01/2029 <sup>(B)</sup> | 323000 | 276641 |
|  Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/01/2029 <sup>(B)</sup> | 300000 | 250410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%, 11/01/2027 <sup>(B)</sup> | 24000 | 23729 |
|  Harsco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/31/2027 <sup>(B)</sup> | 261000 | 220806 |
|  Prime Security Services Borrower LLC / Prime Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/15/2026 <sup>(B)</sup> | 245000 | 240953 |
|  Sotheby's / Bidfair Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/01/2029 <sup>(B)</sup> | 300000 | 256569 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 3** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** |
|  Triton Container International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 06/15/2031 <sup>(B)</sup> | $400000 | $320792 |
|  Waste Connections, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/01/2028 | 275000 | 269518 |
|  |  | 2448628 |
| **Construction & Engineering - 0.1%** | **Construction & Engineering - 0.1%** | **Construction & Engineering - 0.1%** |
|  Mattamy Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/15/2027 <sup>(B)</sup> | 190000 | 173850 |
|  VM Consolidated, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/2029 <sup>(B)</sup> | 266000 | 244998 |
|  |  | 418848 |
| **Consumer Finance - 1.0%** | **Consumer Finance - 1.0%** | **Consumer Finance - 1.0%** |
|  Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 05/15/2028 <sup>(C)</sup>,<br>4.70% <sup>(A)</sup> | 3000000 | 2302500 |
|  Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/15/2028 <sup>(B)</sup> | 455000 | 386341 |
|  American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/22/2024 | 200000 | 196854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 11/06/2025 | 168000 | 166312 |
|  BMW US Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 04/09/2025 <sup>(B)</sup> | 534000 | 525908 |
|  Cobra AcquisitionCo LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 11/01/2029 <sup>(B)</sup> | 410000 | 250100 |
|  Curo Group Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 08/01/2028 <sup>(B)</sup> | 293000 | 134265 |
|  Enova International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 09/15/2025 <sup>(B)</sup> | 298000 | 283101 |
|  Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/13/2030 | 200000 | 173776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/28/2027 | 350000 | 333803 |
|  General Motors Financial Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/20/2025 | 238000 | 224467 |
|  John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.45%, 06/07/2024 | 783000 | 739836 |
|  LFS Topco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 10/15/2026 <sup>(B)</sup> | 185000 | 153038 |
|  PROG Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/15/2029 <sup>(B)</sup> | 202000 | 171195 |
|  S&P Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 03/01/2029 <sup>(B)</sup> | 429000 | 387970 |
|  Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/23/2025 | 1178000 | 1145706 |
|  |  | 7575172 |
| **Containers & Packaging - 0.4%** | **Containers & Packaging - 0.4%** | **Containers & Packaging - 0.4%** |
|  Amcor Flexibles North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69%, 05/25/2031 | 300000 | 253149 |
|  Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 09/01/2028 <sup>(B)</sup> | 209000 | 183404 |
|  Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/2030 | 136000 | 111482 |
|  Clydesdale Acquisition Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 04/15/2029 <sup>(B)</sup> | 260000 | 256368 |
|  Crown Americas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/2030 <sup>(E)</sup> | 337000 | 322250 |
|  LABL, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 11/01/2028 <sup>(B)</sup> | 222000 | 200150 |
|  Mauser Packaging Solutions Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 08/15/2026 <sup>(B) (F)</sup> | 126000 | 127102 |
|  Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/2029 <sup>(B)</sup> | 128000 | 121303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 02/01/2028 <sup>(B)</sup> | 26000 | 26228 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Containers & Packaging (continued)** | **Containers & Packaging (continued)** | **Containers & Packaging (continued)** |
|  Silgan Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/01/2028 | $315000 | $293715 |
|  Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 02/01/2025 | 980000 | 917861 |
|  |  | 2813012 |
| **Distributors - 0.0% <sup>(G)</sup>** | **Distributors - 0.0% <sup>(G)</sup>** | **Distributors - 0.0% <sup>(G)</sup>** |
|  Performance Food Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/15/2027 <sup>(B)</sup> | 325000 | 312806 |
| **Diversified Financial Services - 0.3%** | **Diversified Financial Services - 0.3%** | **Diversified Financial Services - 0.3%** |
|  Burford Capital Global Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 04/15/2028 <sup>(B)</sup> | 255000 | 230775 |
|  Enact Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/15/2025 <sup>(B)</sup> | 328000 | 323336 |
|  Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/01/2027 <sup>(B)</sup> | 263000 | 231769 |
|  National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/07/2025 | 166000 | 157044 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/30/2023,<br>4.75% <sup>(A)</sup>, 04/30/2043 | 977000 | 938049 |
|  Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 03/01/2029 <sup>(B)</sup> | 141000 | 119438 |
|  |  | 2000411 |
| **Diversified Telecommunication Services - 0.3%** | **Diversified Telecommunication Services - 0.3%** | **Diversified Telecommunication Services - 0.3%** |
|  AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 02/15/2028 | 550000 | 539327 |
|  Cogent Communications Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/15/2027 <sup>(B)</sup> | 305000 | 301889 |
|  Connect Finco SARL / Connect US Finco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 10/01/2026 <sup>(B)</sup> | 409000 | 391106 |
|  Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/15/2028 <sup>(B)</sup> | 420000 | 394456 |
|  Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 12/03/2029 | 550000 | 526088 |
|  |  | 2152866 |
| **Electric Utilities - 0.4%** | **Electric Utilities - 0.4%** | **Electric Utilities - 0.4%** |
|  American Electric Power Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/01/2027 | 250000 | 260513 |
|  Atlantica Sustainable Infrastructure PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/2028 <sup>(B)</sup> | 243000 | 216270 |
|  Avangrid, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 04/15/2025 | 443000 | 425796 |
|  Berkshire Hathaway Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 04/15/2028 | 275000 | 260639 |
|  Enel Finance International NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/06/2028 <sup>(B)</sup> | 300000 | 274173 |
|  NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/15/2031 <sup>(B)</sup> | 285000 | 223665 |
|  Pacific Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/08/2025 | 150000 | 148420 |
|  Pattern Energy Operations LP / Pattern Energy Operations, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/2028 <sup>(B)</sup> | 255000 | 233962 |
|  Southern California Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 04/01/2024 | 545000 | 520474 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 4** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Electric Utilities (continued)** | **Electric Utilities (continued)** | **Electric Utilities (continued)** |
|  Union Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 06/15/2027 | $275000 | $260592 |
|  Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/31/2027 <sup>(B)</sup> | 312000 | 293617 |
|  |  | 3118121 |
| **Electrical Equipment - 0.1%** | **Electrical Equipment - 0.1%** | **Electrical Equipment - 0.1%** |
|  EnerSys |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/15/2027 <sup>(B)</sup> | 256000 | 235904 |
|  Siemens Financieringsmaatschappij NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/27/2025 <sup>(B)</sup> | 677000 | 657911 |
|  |  | 893815 |
| **Electronic Equipment, Instruments & Components - 0.1%** | **Electronic Equipment, Instruments & Components - 0.1%** | **Electronic Equipment, Instruments & Components - 0.1%** |
|  Honeywell International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/15/2028 | 150000 | 155590 |
|  Imola Merger Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/15/2029 <sup>(B)</sup> | 261000 | 226887 |
|  Trimble, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/01/2024 | 54000 | 53580 |
|  TTM Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/2029 <sup>(B) (E)</sup> | 283000 | 246833 |
|  Vontier Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 04/01/2031 | 175000 | 135532 |
|  |  | 818422 |
| **Energy Equipment & Services - 0.2%** | **Energy Equipment & Services - 0.2%** | **Energy Equipment & Services - 0.2%** |
|  Archrock Partners LP / Archrock Partners Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 04/01/2027 <sup>(B)</sup> | 297000 | 291060 |
|  Genesis Energy LP / Genesis Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 05/15/2026 | 56000 | 53496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 01/15/2027 | 262000 | 257364 |
|  Halliburton Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 08/01/2043 | 150000 | 137787 |
|  Nabors Industries Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 01/15/2026 <sup>(B)</sup> | 195000 | 188425 |
|  Nabors Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 05/15/2027 <sup>(B)</sup> | 188000 | 187650 |
|  USA Compression Partners LP / USA Compression Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 04/01/2026 | 251000 | 245666 |
|  Weatherford International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 09/15/2028 <sup>(B)</sup> | 200000 | 199000 |
|  |  | 1560448 |
| **Entertainment - 0.0% <sup>(G)</sup>** | **Entertainment - 0.0% <sup>(G)</sup>** | **Entertainment - 0.0% <sup>(G)</sup>** |
|  Scientific Games Holdings LP / Scientific Games US FinCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 03/01/2030 <sup>(B)</sup> | 260000 | 232214 |
| **Equity Real Estate Investment Trusts - 0.3%** | **Equity Real Estate Investment Trusts - 0.3%** | **Equity Real Estate Investment Trusts - 0.3%** |
|  HAT Holdings I LLC / HAT Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 06/15/2026 <sup>(B)</sup> | 325000 | 288437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/15/2025 <sup>(B)</sup> | 230000 | 224919 |
|  Omega Healthcare Investors, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/01/2031 | 325000 | 262343 |
|  Scentre Group Trust 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/24/2030,<br>5.13% <sup>(A)</sup>, 09/24/2080 <sup>(B)</sup> | 1273000 | 1120437 |
|  Service Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/2030 | 267000 | 194033 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** |
|  Service Properties Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 10/01/2026 | $109000 | $90005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/2026 | 96000 | 82995 |
|  |  | 2263169 |
| **Food & Staples Retailing - 0.1%** | **Food & Staples Retailing - 0.1%** | **Food & Staples Retailing - 0.1%** |
|  Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 02/15/2028 <sup>(B)</sup> | 370000 | 361675 |
|  C&S Group Enterprises LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2028 <sup>(B)</sup> | 476000 | 366530 |
|  |  | 728205 |
| **Food Products - 0.7%** | **Food Products - 0.7%** | **Food Products - 0.7%** |
|  Hormel Foods Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.65%, 06/03/2024 | 234000 | 221840 |
|  Land O'Lakes, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 09/18/2028 <sup>(B) (C)</sup> | 4470000 | 3933600 |
|  Nestle Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/24/2025 <sup>(B)</sup> | 352000 | 344524 |
|  Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/2031 <sup>(B)</sup> | 205000 | 176489 |
|  Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/01/2029 <sup>(B)</sup> | 183000 | 154406 |
|  Smithfield Foods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/01/2029 <sup>(B)</sup> | 121000 | 112842 |
|  |  | 4943701 |
| **Gas Utilities - 0.0% <sup>(G)</sup>** | **Gas Utilities - 0.0% <sup>(G)</sup>** | **Gas Utilities - 0.0% <sup>(G)</sup>** |
|  Ferrellgas LP / Ferrellgas Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/01/2026 <sup>(B)</sup> | 265000 | 243630 |
| **Health Care Equipment & Supplies - 0.1%** | **Health Care Equipment & Supplies - 0.1%** | **Health Care Equipment & Supplies - 0.1%** |
|  GE HealthCare Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 11/15/2027 <sup>(B)</sup> | 375000 | 387738 |
|  Medline Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/01/2029 <sup>(B)</sup> | 205000 | 174875 |
|  |  | 562613 |
| **Health Care Providers & Services - 0.5%** | **Health Care Providers & Services - 0.5%** | **Health Care Providers & Services - 0.5%** |
|  Cardinal Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 03/15/2043 | 200000 | 175478 |
|  CHS / Community Health Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 03/15/2027 <sup>(B)</sup> | 380000 | 336376 |
|  CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78%, 03/25/2038 | 300000 | 286006 |
|  DaVita, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/01/2030 <sup>(B)</sup> | 270000 | 227286 |
|  HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 09/01/2030 | 565000 | 505256 |
|  Legacy LifePoint Health LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/2027 <sup>(B)</sup> | 260000 | 227500 |
|  MPH Acquisition Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/01/2028 <sup>(B) (E)</sup> | 281000 | 204871 |
|  Roche Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 03/10/2025 <sup>(B) (E)</sup> | 261000 | 249118 |
|  Select Medical Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 08/15/2026 <sup>(B)</sup> | 368000 | 359315 |
|  UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/15/2025 | 707000 | 696665 |
|  |  | 3267871 |
| **Hotels, Restaurants & Leisure - 0.5%** | **Hotels, Restaurants & Leisure - 0.5%** | **Hotels, Restaurants & Leisure - 0.5%** |
|  AMC Entertainment Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 02/15/2029 <sup>(B)</sup> | 260000 | 152100 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 5** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** |
|  Banijay Entertainment SASU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 03/01/2025 <sup>(B)</sup> | $335000 | $323275 |
|  Brinker International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2024 <sup>(B)</sup> | 225000 | 220194 |
|  Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/01/2027 <sup>(B)</sup> | 429000 | 356070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/01/2029 <sup>(B)</sup> | 120000 | 94800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%, 03/01/2026 <sup>(B) (E)</sup> | 11000 | 10010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.50%, 06/01/2030 <sup>(B)</sup> | 320000 | 308000 |
|  CEC Entertainment LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 05/01/2026 <sup>(B)</sup> | 223000 | 206275 |
|  Expedia Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/2031 | 175000 | 146834 |
|  Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Escrow, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 07/01/2031 <sup>(B)</sup> | 347000 | 300911 |
|  Marriott International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 04/15/2031 | 300000 | 254652 |
|  NCL Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 12/15/2024 <sup>(B)</sup> | 365000 | 342644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 03/15/2026 <sup>(B)</sup> | 160000 | 139525 |
|  Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 07/01/2026 <sup>(B)</sup> | 355000 | 307963 |
|  Travel & Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/01/2027 | 240000 | 235500 |
|  Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.64%, 03/15/2025 <sup>(B)</sup> | 60000 | 57837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%, 03/15/2032 <sup>(B)</sup> | 103000 | 91301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/2042 <sup>(B)</sup> | 300000 | 254961 |
|  |  | 3802852 |
| **Household Products - 0.0% <sup>(G)</sup>** | **Household Products - 0.0% <sup>(G)</sup>** | **Household Products - 0.0% <sup>(G)</sup>** |
|  Procter & Gamble Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%, 01/26/2028 | 161000 | 160490 |
| **Independent Power & Renewable Electricity Producers - 0.1%** | **Independent Power & Renewable Electricity Producers - 0.1%** | **Independent Power & Renewable Electricity Producers - 0.1%** |
|  Calpine Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/01/2031 <sup>(B)</sup> | 137000 | 114216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2031 <sup>(B)</sup> | 238000 | 203625 |
|  Clearway Energy Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/15/2028 <sup>(B)</sup> | 245000 | 231084 |
|  |  | 548925 |
| **Insurance - 1.1%** | **Insurance - 1.1%** | **Insurance - 1.1%** |
|  Americo Life, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 04/15/2031 <sup>(B)</sup> | 280000 | 220332 |
|  Assurant, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 03/27/2028,<br>7.00% <sup>(A)</sup>, 03/27/2048 | 1100000 | 1088994 |
|  Athene Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73%, 10/02/2026 <sup>(B)</sup> | 332000 | 289592 |
|  Athene Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 04/03/2030 | 1852000 | 1906856 |
|  Brighthouse Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 05/15/2030 | 1200000 | 1198567 |
|  Enstar Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/01/2025,<br>5.75% <sup>(A)</sup>, 09/01/2040 | 1700000 | 1523710 |
|  F&G Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 09/20/2024 <sup>(B)</sup> | 395000 | 365049 |
|  Liberty Mutual Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 02/01/2061 <sup>(B)</sup> | 2022000 | 1318250 |
|  Security Benefit Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 05/17/2024 <sup>(B)</sup> | 254000 | 240024 |
|  |  | 8151374 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Internet & Catalog Retail - 0.1%** | **Internet & Catalog Retail - 0.1%** | **Internet & Catalog Retail - 0.1%** |
|  Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 04/13/2027 | $84000 | $81111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 12/01/2029 | 340000 | 345223 |
|  GrubHub Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/2027 <sup>(B)</sup> | 196000 | 156812 |
|  |  | 583146 |
| **Internet & Direct Marketing Retail - 0.1%** | **Internet & Direct Marketing Retail - 0.1%** | **Internet & Direct Marketing Retail - 0.1%** |
|  Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 08/22/2024 | 989000 | 962775 |
| **IT Services - 0.1%** | **IT Services - 0.1%** | **IT Services - 0.1%** |
|  Ahead DB Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 05/01/2028 <sup>(B)</sup> | 265000 | 223925 |
|  Bread Financial Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/15/2024 <sup>(B)</sup> | 245000 | 222337 |
|  Mastercard, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 03/03/2025 | 302000 | 286892 |
|  Rackspace Technology Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/2028 <sup>(B)</sup> | 210000 | 127239 |
|  |  | 860393 |
| **Life Sciences Tools & Services - 0.0% <sup>(G)</sup>** | **Life Sciences Tools & Services - 0.0% <sup>(G)</sup>** | **Life Sciences Tools & Services - 0.0% <sup>(G)</sup>** |
|  Agilent Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 03/12/2031 | 175000 | 146467 |
| **Machinery - 0.2%** | **Machinery - 0.2%** | **Machinery - 0.2%** |
|  Caterpillar Financial Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 08/12/2027 | 550000 | 535620 |
|  Chart Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 01/01/2030 <sup>(B)</sup> | 29000 | 29616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%, 01/01/2031 <sup>(B)</sup> | 18000 | 18783 |
|  Daimler Truck Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/19/2028 <sup>(B) (E)</sup> | 150000 | 151195 |
|  nVent Finance SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 11/15/2031 | 356000 | 289521 |
|  Weir Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 05/13/2026 <sup>(B)</sup> | 319000 | 285561 |
|  |  | 1310296 |
| **Media - 0.5%** | **Media - 0.5%** | **Media - 0.5%** |
|  Belo Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 09/15/2027 | 750000 | 713437 |
|  Block Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/01/2028 <sup>(B)</sup> | 364000 | 320320 |
|  CCO Holdings LLC / CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/2030 <sup>(B)</sup> | 720000 | 615600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 03/01/2031 <sup>(B) (F)</sup> | 500000 | 501245 |
|  Charter Communications Operating LLC / Charter Communications Operating Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 06/01/2041 | 200000 | 140007 |
|  Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 10/15/2028 | 233000 | 230539 |
|  CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/2030 <sup>(B)</sup> | 705000 | 445913 |
|  Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 03/30/2027,<br>6.38% <sup>(A)</sup>, 03/30/2062 | 242000 | 210533 |
|  Sirius XM Radio, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/15/2028 <sup>(B)</sup> | 270000 | 240327 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 6** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |
|  Univision Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 06/01/2027 <sup>(B)</sup> | $255000 | $249900 |
|  UPC Broadband Finco BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 07/15/2031 <sup>(B)</sup> | 294000 | 258652 |
|  |  | 3926473 |
| **Metals & Mining - 0.3%** | **Metals & Mining - 0.3%** | **Metals & Mining - 0.3%** |
|  ATI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 10/01/2029 | 185000 | 169299 |
|  Cleveland-Cliffs, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 03/01/2029 <sup>(B) (E)</sup> | 213000 | 198644 |
|  Commercial Metals Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 02/15/2031 | 207000 | 179091 |
|  FMG Resources August 2006 Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/2027 <sup>(B)</sup> | 250000 | 238750 |
|  Hudbay Minerals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 04/01/2029 <sup>(B)</sup> | 340000 | 314914 |
|  Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%, 05/01/2027 <sup>(B)</sup> | 315000 | 317362 |
|  Nucor Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 04/01/2032 | 200000 | 177797 |
|  South32 Treasury Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35%, 04/14/2032 <sup>(B)</sup> | 381000 | 342830 |
|  |  | 1938687 |
| **Mortgage Real Estate Investment Trusts - 0.1%** | **Mortgage Real Estate Investment Trusts - 0.1%** | **Mortgage Real Estate Investment Trusts - 0.1%** |
|  AG Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/01/2028 <sup>(B)</sup> | 245000 | 232762 |
|  Apollo Commercial Real Estate Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 06/15/2029 <sup>(B)</sup> | 285000 | 233769 |
|  |  | 466531 |
| **Multiline Retail - 0.0% <sup>(G)</sup>** | **Multiline Retail - 0.0% <sup>(G)</sup>** | **Multiline Retail - 0.0% <sup>(G)</sup>** |
|  Nordstrom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 04/08/2024 | 95000 | 90166 |
| **Oil, Gas & Consumable Fuels - 1.7%** | **Oil, Gas & Consumable Fuels - 1.7%** | **Oil, Gas & Consumable Fuels - 1.7%** |
|  Antero Midstream Partners LP / Antero Midstream Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/2028 <sup>(B)</sup> | 237000 | 226631 |
|  Apache Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 10/15/2028 | 249000 | 230442 |
|  BP Capital Markets America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/24/2050 | 350000 | 253774 |
|  Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/01/2028 <sup>(B)</sup> | 261000 | 239389 |
|  California Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 02/01/2026 <sup>(B)</sup> | 325000 | 315835 |
|  Chevron Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 05/11/2025 | 195000 | 183453 |
|  Chevron USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 11/15/2024 | 587000 | 581460 |
|  Chord Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 06/01/2026 <sup>(B)</sup> | 241000 | 237385 |
|  Civitas Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/2026 <sup>(B)</sup> | 179000 | 167576 |
|  Crescent Energy Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 05/01/2026 <sup>(B)</sup> | 249000 | 239040 |
|  Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%, 03/24/2051 | 150000 | 123697 |
|  Earthstone Energy Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 04/15/2027 <sup>(B)</sup> | 226000 | 220350 |
|  Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 05/15/2028 | 275000 | 270921 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/15/2026 <sup>(C)</sup>,<br>6.50% <sup>(A)</sup> | 2346000 | 2200267 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
|  EnLink Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.11%,<br>8.88% <sup>(A)</sup>, 03/03/2023 <sup>(C)</sup> | $1400000 | $1176000 |
|  EQM Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 06/01/2027 - 06/01/2030 <sup>(B)</sup> | 296000 | 295895 |
|  EQT Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 05/15/2031 <sup>(B) (E)</sup> | 415000 | 362693 |
|  Genesis Energy LP / Genesis Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%, 04/15/2030 | 230000 | 234025 |
|  Harvest Midstream I LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/01/2028 <sup>(B)</sup> | 354000 | 348432 |
|  Hilcorp Energy I LP / Hilcorp Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/01/2031 <sup>(B)</sup> | 365000 | 334851 |
|  Holly Energy Partners LP / Holly Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2028 <sup>(B)</sup> | 329000 | 306539 |
|  Howard Midstream Energy Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/15/2027 <sup>(B)</sup> | 332000 | 323700 |
|  ITT Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/01/2029 <sup>(B)</sup> | 450000 | 390403 |
|  Murphy Oil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 07/15/2028 | 16000 | 15811 |
|  Murphy Oil USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 09/15/2029 | 210000 | 192150 |
|  NGL Energy Operating LLC / NGL Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 02/01/2026 <sup>(B)</sup> | 320000 | 302234 |
|  NGL Energy Partners LP / NGL Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 03/01/2025 <sup>(E)</sup> | 165000 | 146438 |
|  NuStar Logistics LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 10/01/2030 | 239000 | 230038 |
|  Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 09/01/2028 | 214000 | 222182 |
|  Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%, 02/07/2033 <sup>(B)</sup> | 727000 | 710279 |
|  Rockcliff Energy II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/15/2029 <sup>(B)</sup> | 84000 | 79918 |
|  Strathcona Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/01/2026 <sup>(B)</sup> | 311000 | 265128 |
|  Targa Resources Partners LP / Targa Resources Partners Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/2032 | 300000 | 261884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 07/15/2027 | 250000 | 255900 |
|  Venture Global Calcasieu Pass LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 01/15/2030 <sup>(B)</sup> | 235000 | 239512 |
|  Williams Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 06/24/2044 | 275000 | 278616 |
|  |  | 12462848 |
| **Paper & Forest Products - 0.1%** | **Paper & Forest Products - 0.1%** | **Paper & Forest Products - 0.1%** |
|  Georgia-Pacific LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 05/15/2026 <sup>(B)</sup> | 450000 | 400341 |
|  Glatfelter Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/2029 <sup>(B) (E)</sup> | 205000 | 143500 |
|  |  | 543841 |
| **Personal Products - 0.2%** | **Personal Products - 0.2%** | **Personal Products - 0.2%** |
|  Coty, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/15/2026 <sup>(B)</sup> | 293000 | 280548 |
|  Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/01/2029 <sup>(B)</sup> | 280000 | 245515 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 7** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Personal Products (continued)** | **Personal Products (continued)** | **Personal Products (continued)** |
|  GSK Consumer Healthcare Capital UK PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 03/24/2025 | $258000 | $248049 |
|  HLF Financing SARL LLC / Herbalife International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 06/01/2029 <sup>(B)</sup> | 440000 | 322930 |
|  |  | 1097042 |
| **Pharmaceuticals - 0.2%** | **Pharmaceuticals - 0.2%** | **Pharmaceuticals - 0.2%** |
|  Becton Dickinson & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 08/22/2032 | 150000 | 146022 |
|  Bristol-Myers Squibb Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 11/13/2025 | 320000 | 289745 |
|  Embecta Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/2030 <sup>(B)</sup> | 191000 | 157604 |
|  Organon & Co. / Organon Foreign Debt Co-Issuer BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 04/30/2028 <sup>(B)</sup> | 432000 | 392278 |
|  Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 09/02/2031 | 200000 | 158680 |
|  Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 06/22/2025 | 404000 | 371137 |
|  |  | 1515466 |
| **Professional Services - 0.1%** | **Professional Services - 0.1%** | **Professional Services - 0.1%** |
|  Korn Ferry |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/15/2027 <sup>(B)</sup> | 170000 | 159800 |
|  Paysafe Finance PLC / Paysafe Holdings US Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/15/2029 <sup>(B) (E)</sup> | 230000 | 182832 |
|  TriNet Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/2029 <sup>(B)</sup> | 275000 | 230926 |
|  |  | 573558 |
| **Real Estate Management & Development - 2.7%** | **Real Estate Management & Development - 2.7%** | **Real Estate Management & Development - 2.7%** |
|  Country Garden Holdings Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 04/08/2024 <sup>(D)</sup> | 400000 | 333983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 01/27/2024 <sup>(D)</sup> | 2092000 | 1829875 |
|  Cushman & Wakefield US Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 05/15/2028 <sup>(B)</sup> | 282000 | 272223 |
|  Franshion Brilliant Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 04/09/2026 <sup>(D)</sup> | 500000 | 449853 |
|  Kennedy-Wilson, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/01/2029 | 217000 | 182280 |
|  New Metro Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 12/15/2024 <sup>(D)</sup> | 850000 | 723503 |
|  RKPF Overseas Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 03/05/2025 <sup>(D)</sup> | 1245000 | 1100929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 09/30/2024 <sup>(D)</sup> | 4331000 | 3987768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 02/01/2023 <sup>(D)</sup> | 1894000 | 1894000 |
|  Seazen Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/12/2024 <sup>(D)</sup> | 700000 | 589260 |
|  Shui On Development Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/12/2023 <sup>(D)</sup> | 300000 | 293220 |
|  Vanke Real Estate Hong Kong Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/18/2023 <sup>(D)</sup> | 350000 | 348688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 06/07/2024 <sup>(D)</sup> | 750000 | 731618 |
|  Wanda Properties International Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 01/29/2024 <sup>(D)</sup> | 900000 | 864900 |
|  Yanlord Land HK Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 04/23/2023 <sup>(D)</sup> | 2083000 | 2076751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%, 02/27/2024 <sup>(D) (E)</sup> | 4193000 | 4096561 |
|  |  | 19775412 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Road & Rail - 0.1%** | **Road & Rail - 0.1%** | **Road & Rail - 0.1%** |
|  AerCap Global Aviation Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/15/2025,<br>6.50% <sup>(A)</sup>, 06/15/2045 <sup>(B)</sup> | $330000 | $322684 |
|  Canadian Pacific Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 12/02/2024 | 271000 | 254564 |
|  |  | 577248 |
| **Semiconductors & Semiconductor Equipment - 0.2%** | **Semiconductors & Semiconductor Equipment - 0.2%** | **Semiconductors & Semiconductor Equipment - 0.2%** |
|  Entegris Escrow Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 06/15/2030 <sup>(B)</sup> | 255000 | 244884 |
|  Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 03/25/2025 | 677000 | 660830 |
|  ON Semiconductor Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 09/01/2028 <sup>(B)</sup> | 168000 | 153302 |
|  TSMC Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 09/28/2025 <sup>(B)</sup> | 362000 | 326591 |
|  |  | 1385607 |
| **Software - 0.1%** | **Software - 0.1%** | **Software - 0.1%** |
|  Central Parent, Inc. / CDK Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 06/15/2029 <sup>(B)</sup> | 155000 | 154610 |
|  Gen Digital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 09/30/2027 <sup>(B)</sup> | 79000 | 80027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%, 09/30/2030 <sup>(B)</sup> | 166000 | 168540 |
|  Helios Software Holdings, Inc. / ION Corp. Solutions Finance SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 05/01/2028 <sup>(B)</sup> | 200000 | 160748 |
|  |  | 563925 |
| **Specialty Retail - 0.1%** | **Specialty Retail - 0.1%** | **Specialty Retail - 0.1%** |
|  AutoZone, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 02/01/2033 | 39000 | 38675 |
|  Carvana Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/15/2027 <sup>(B)</sup> | 224000 | 100935 |
|  Ken Garff Automotive LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 09/15/2028 <sup>(B)</sup> | 265000 | 226728 |
|  Metis Merger Sub LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/15/2029 <sup>(B)</sup> | 295000 | 251487 |
|  Rent-A-Center, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 02/15/2029 <sup>(B)</sup> | 280000 | 238000 |
|  |  | 855825 |
| **Technology Hardware, Storage & Peripherals - 0.1%** | **Technology Hardware, Storage & Peripherals - 0.1%** | **Technology Hardware, Storage & Peripherals - 0.1%** |
|  Hewlett Packard Enterprise Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 04/01/2026 | 400000 | 364312 |
|  McAfee Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 02/15/2030 <sup>(B)</sup> | 400000 | 333546 |
|  |  | 697858 |
| **Thrifts & Mortgage Finance - 0.0% <sup>(G)</sup>** | **Thrifts & Mortgage Finance - 0.0% <sup>(G)</sup>** | **Thrifts & Mortgage Finance - 0.0% <sup>(G)</sup>** |
|  NMI Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%, 06/01/2025 <sup>(B)</sup> | 160000 | 162508 |
| **Transportation Infrastructure - 0.0% <sup>(G)</sup>** | **Transportation Infrastructure - 0.0% <sup>(G)</sup>** | **Transportation Infrastructure - 0.0% <sup>(G)</sup>** |
|  Penske Truck Leasing Co. LP / PTL Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 02/01/2028 <sup>(B)</sup> | 200000 | 204720 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 8** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Wireless Telecommunication Services - 0.1%** | **Wireless Telecommunication Services - 0.1%** | **Wireless Telecommunication Services - 0.1%** |
|  Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 07/15/2029 <sup>(B)</sup> | $625000 | $488625 |
|  T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 04/15/2029 | 425000 | 387373 |
|  |  | 875998 |
|  **Total Corporate Debt Securities<br>(Cost $154,405,286)** | **Total Corporate Debt Securities<br>(Cost $154,405,286)** | 146281448 |
| **FOREIGN GOVERNMENT OBLIGATIONS - 0.4%** | **FOREIGN GOVERNMENT OBLIGATIONS - 0.4%** | **FOREIGN GOVERNMENT OBLIGATIONS - 0.4%** |
| **Japan - 0.1%** | **Japan - 0.1%** | **Japan - 0.1%** |
|  Development Bank of Japan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 02/18/2025 <sup>(B)</sup> | 570000 | 539870 |
| **Republic of Korea - 0.1%** | **Republic of Korea - 0.1%** | **Republic of Korea - 0.1%** |
|  Industrial Bank of Korea |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04%, 06/22/2025 <sup>(B)</sup> | 1206000 | 1096541 |
| **Supranational - 0.1%** | **Supranational - 0.1%** | **Supranational - 0.1%** |
|  Asian Infrastructure Investment Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 10/30/2024 <sup>(E)</sup> | 396000 | 369079 |
|  European Bank for Reconstruction & Development |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 02/13/2025 | 420000 | 397356 |
|  International Bank for Reconstruction & Development |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/20/2025 | 329000 | 320949 |
|  |  | 1087384 |
| **United States - 0.1%** | **United States - 0.1%** | **United States - 0.1%** |
|  Inter-American Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/12/2028 | 400000 | 404934 |
|  **Total Foreign Government Obligations<br>(Cost $3,336,727)** | **Total Foreign Government Obligations<br>(Cost $3,336,727)** | 3128729 |
| **LOAN ASSIGNMENTS - 7.4%** | **LOAN ASSIGNMENTS - 7.4%** | **LOAN ASSIGNMENTS - 7.4%** |
| **Aerospace & Defense - 0.2%** | **Aerospace & Defense - 0.2%** | **Aerospace & Defense - 0.2%** |
|  Castlelake Aviation Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.75%,<br>7.52% <sup>(A)</sup>, 10/22/2026 | 223293 | 223083 |
|  Cobham Ultra SeniorCo SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 3.75%,<br>7.06% <sup>(A)</sup>, 08/03/2029 | 260101 | 256655 |
|  Dynasty Acquisition Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.50%,<br>8.16% <sup>(A)</sup>, 04/06/2026 | 219055 | 214674 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.50%,<br>8.16% <sup>(A)</sup>, 04/06/2026 | 117356 | 115009 |
|  Spirit Aerosystems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.50%,<br>9.18% <sup>(A)</sup>, 01/15/2027 | 299373 | 299467 |
|  |  | 1108888 |
| **Air Freight & Logistics - 0.0% <sup>(G)</sup>** | **Air Freight & Logistics - 0.0% <sup>(G)</sup>** | **Air Freight & Logistics - 0.0% <sup>(G)</sup>** |
|  Kenan Advantage Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 03/24/2026 | 327305 | 323162 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Airlines - 0.3%** | **Airlines - 0.3%** | **Airlines - 0.3%** |
|  Air Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.50%,<br>8.13% <sup>(A)</sup>, 08/11/2028 | $220582 | $220361 |
|  American Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.75%,<br>9.56% <sup>(A)</sup>, 04/20/2028 <sup>(F)</sup> | 280050 | 287402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 1.75%,<br>6.27% <sup>(A)</sup>, 06/27/2025 | 410136 | 401607 |
|  Kestrel Bidco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.51% <sup>(A)</sup>, 12/11/2026 | 439358 | 421156 |
|  Mileage Plus Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 5.25%,<br>10.00% <sup>(A)</sup>, 06/21/2027 | 170526 | 177720 |
|  United Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.57% <sup>(A)</sup>, 04/21/2028 | 310538 | 309691 |
|  |  | 1817937 |
| **Auto Components - 0.2%** | **Auto Components - 0.2%** | **Auto Components - 0.2%** |
|  American Axle & Manufacturing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.60%,<br>8.03% <sup>(A)</sup>, 12/13/2029 | 33020 | 32979 |
|  DexKo Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.48% <sup>(A)</sup>, 10/04/2028 | 217489 | 200997 |
|  Les Schwab Tire Centers |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>6.58% <sup>(A)</sup>, 11/02/2027 | 328128 | 325530 |
|  Mavis Tire Express Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.00%,<br>8.63% <sup>(A)</sup>, 05/04/2028 | 294775 | 288216 |
|  USI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.75%,<br>8.33% <sup>(A)</sup>, 11/22/2029 <sup>(F)</sup> | 268707 | 268371 |
|  |  | 1116093 |
| **Beverages - 0.0% <sup>(G)</sup>** | **Beverages - 0.0% <sup>(G)</sup>** | **Beverages - 0.0% <sup>(G)</sup>** |
|  Sunshine Investments BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.25%,<br>8.52% <sup>(A)</sup>, 07/12/2029 | 329896 | 326598 |
| **Biotechnology - 0.0% <sup>(G)</sup>** | **Biotechnology - 0.0% <sup>(G)</sup>** | **Biotechnology - 0.0% <sup>(G)</sup>** |
|  Curium BidCo SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.25%,<br>8.98% <sup>(A)</sup>, 12/02/2027 <sup>(F)</sup> | 271510 | 270831 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 9** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Building Products - 0.2%** | **Building Products - 0.2%** | **Building Products - 0.2%** |
|  CD&R Hydra Buyer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.25%,<br>8.82% <sup>(A)</sup>, 12/11/2024 | $257286 | $248281 |
|  Foley Products Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.75%,<br>9.48% <sup>(A)</sup>, 12/29/2028 | 250058 | 245214 |
|  Icebox Holdco III, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.50%,<br>8.23% <sup>(A)</sup>, 12/22/2028 | 214597 | 206192 |
|  LBM Acquisition LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 3.75%,<br>8.85% <sup>(A)</sup>, 12/17/2027 | 224707 | 202517 |
|  Quikrete Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.63%,<br>7.19% <sup>(A)</sup>, 02/01/2027 | 231922 | 230385 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.57% <sup>(A)</sup>, 03/18/2029 | 112621 | 112111 |
|  Specialty Building Products Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.77% <sup>(A)</sup>, 10/15/2028 <sup>(F)</sup> | 233518 | 223074 |
|  |  | 1467774 |
| **Capital Markets - 0.2%** | **Capital Markets - 0.2%** | **Capital Markets - 0.2%** |
|  Advisor Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.50%,<br>9.07% <sup>(A)</sup>, 07/31/2026 | 269604 | 267507 |
|  Camelot US Acquisition LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.52% <sup>(A)</sup>, 10/30/2026 | 266604 | 265937 |
|  HighTower Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.00%,<br>8.82% <sup>(A)</sup>, 04/21/2028 | 291216 | 283936 |
|  NEXUS Buyer LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 11/09/2026 | 266069 | 260700 |
|  PAI Holdco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.58% <sup>(A)</sup>, 10/28/2027 | 236465 | 215972 |
|  |  | 1294052 |
| **Chemicals - 0.1%** | **Chemicals - 0.1%** | **Chemicals - 0.1%** |
|  ASP Unifrax Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.48% <sup>(A)</sup>, 12/12/2025 | 250250 | 227728 |
|  Natgasoline LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.13% <sup>(A)</sup>, 11/14/2025 | 284361 | 280984 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Chemicals (continued)** | **Chemicals (continued)** | **Chemicals (continued)** |
|  Polar US Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 4.75%,<br>9.02% <sup>(A)</sup>, 10/15/2025 | $198089 | $162433 |
|  RelaDyne, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.25%,<br>8.81% <sup>(A)</sup>, 12/22/2028 | 158196 | 157207 |
|  Starfruit Finco BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.75%,<br>7.53% <sup>(A)</sup>, 10/01/2025 | 201569 | 199469 |
|  |  | 1027821 |
| **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** |
|  Amentum Government Services Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.00%,<br>7.56% - 8.76% <sup>(A)</sup>, 02/15/2029 | 220065 | 217314 |
|  APX Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>Prime Rate + 2.25%,<br>7.70% - 9.75% <sup>(A)</sup>, 07/10/2028 | 196352 | 193554 |
|  Asurion LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan B4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 5.25%,<br>9.82% <sup>(A)</sup>, 01/20/2029 | 225548 | 188192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B10, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.00%,<br>8.68% <sup>(A)</sup>, 08/19/2028 | 157588 | 148789 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B8, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 12/23/2026 | 195538 | 186097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B9, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 07/31/2027 | 328321 | 308915 |
|  Avis Budget Car Rental LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan C, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.50%,<br>8.16% <sup>(A)</sup>, 03/16/2029 <sup>(F)</sup> | 164893 | 164378 |
|  Cast & Crew Payroll LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.07% <sup>(A)</sup>, 02/09/2026 | 184433 | 183597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.75%,<br>8.31% <sup>(A)</sup>, 12/29/2028 | 71045 | 70618 |
|  Colibri Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 5.00%,<br>6-Month Term SOFR + 5.00%,<br>8.73% - 9.79% <sup>(A)</sup>, 03/12/2029 | 169855 | 163591 |
|  Creative Artists Agency LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 11/27/2026 | 394734 | 393993 |
|  Driven Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.00%,<br>7.74% <sup>(A)</sup>, 12/17/2028 | 149623 | 146070 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 10** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** |
|  Element Materials Technology Group US Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Delayed Draw Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.25%,<br>8.93% <sup>(A)</sup>, 07/06/2029 | $40347 | $39804 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.25%,<br>8.93% <sup>(A)</sup>, 07/06/2029 | 87418 | 86243 |
|  Ensemble RCM LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.75%,<br>8.53% <sup>(A)</sup>, 08/03/2026 | 214278 | 214144 |
|  Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; TBD, 02/01/2029 <sup>(F) (H)</sup> | 24937 | 24704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.25%,<br>8.93% <sup>(A)</sup>, 10/30/2026 | 334191 | 332311 |
|  GFL Environmental, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.00%,<br>7.66% <sup>(A)</sup>, 05/30/2025 | 234050 | 234440 |
|  Intrado Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; TBD, 01/31/2030 <sup>(F) (H)</sup> | 32519 | 32276 |
|  Prime Security Services Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.75%,<br>7.52% <sup>(A)</sup>, 09/23/2026 | 284155 | 283764 |
|  PUG LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.25%,<br>8.82% <sup>(A)</sup>, 02/12/2027 | 174118 | 146259 |
|  SITEL Worldwide Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 08/28/2028 | 329760 | 329416 |
|  Sotheby's |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.50%,<br>9.33% <sup>(A)</sup>, 01/15/2027 | 428737 | 426593 |
|  |  | 4515062 |
| **Communications Equipment - 0.1%** | **Communications Equipment - 0.1%** | **Communications Equipment - 0.1%** |
|  Ciena Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 2.50%,<br>6.98% <sup>(A)</sup>, 01/18/2030 | 27577 | 27543 |
|  ViaSat, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.50%,<br>9.18% <sup>(A)</sup>, 03/02/2029 | 414766 | 412692 |
|  |  | 440235 |
| **Construction & Engineering - 0.2%** | **Construction & Engineering - 0.2%** | **Construction & Engineering - 0.2%** |
|  Osmose Utilities Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 06/23/2028 <sup>(F)</sup> | 195609 | 187932 |
|  Service Logic Acquisition, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2-Month LIBOR + 4.00%,<br>3-Month LIBOR + 4.00%,<br>8.49% - 8.83% <sup>(A)</sup>, 10/29/2027 | 244045 | 237334 |
|  USIC Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 6.50%,<br>11.07% <sup>(A)</sup>, 05/14/2029 | 128309 | 120610 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Construction & Engineering (continued)** | **Construction & Engineering (continued)** | **Construction & Engineering (continued)** |
|  USIC Holdings, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.07% <sup>(A)</sup>, 05/12/2028 | $153676 | $148633 |
|  VM Consolidated, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 03/24/2028 | 361129 | 361129 |
|  |  | 1055638 |
| **Construction Materials - 0.0% <sup>(G)</sup>** | **Construction Materials - 0.0% <sup>(G)</sup>** | **Construction Materials - 0.0% <sup>(G)</sup>** |
|  Potters Industries LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.00%,<br>8.73% <sup>(A)</sup>, 12/14/2027 | 211094 | 210039 |
| **Containers & Packaging - 0.4%** | **Containers & Packaging - 0.4%** | **Containers & Packaging - 0.4%** |
|  Berlin Packaging LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>3-Month LIBOR + 3.25%,<br>7.62% - 7.98% <sup>(A)</sup>, 03/11/2028 | 104003 | 100948 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B5, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>3-Month LIBOR + 3.75%,<br>8.12% - 8.48% <sup>(A)</sup>, 03/11/2028 | 236647 | 233245 |
|  BWAY Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.62% <sup>(A)</sup>, 04/03/2024 | 307906 | 305541 |
|  Charter NEX US, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 12/01/2027 | 257079 | 255794 |
|  Clydesdale Acquisition Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.18%,<br>8.84% <sup>(A)</sup>, 04/13/2029 | 226423 | 222134 |
|  LABL, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 5.00%,<br>9.57% <sup>(A)</sup>, 10/29/2028 <sup>(F)</sup> | 281197 | 273200 |
|  Packaging Coordinators Midco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.50%,<br>8.23% <sup>(A)</sup>, 11/30/2027 | 315265 | 308904 |
|  Reynolds Group Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 09/24/2028 | 309409 | 307959 |
|  TricorBraun Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 03/03/2028 | 339903 | 330428 |
|  Trident TPI Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.00%,<br>8.73% <sup>(A)</sup>, 09/15/2028 | 229699 | 225064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.98% <sup>(A)</sup>, 10/17/2024 | 139875 | 139263 |
|  |  | 2702480 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 11** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Diversified Consumer Services - 0.1%** | **Diversified Consumer Services - 0.1%** | **Diversified Consumer Services - 0.1%** |
|  William Morris Endeavor Entertainment LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 05/18/2025 | $528444 | $524261 |
| **Diversified Financial Services - 0.1%** | **Diversified Financial Services - 0.1%** | **Diversified Financial Services - 0.1%** |
|  Citco Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.50%,<br>8.17% <sup>(A)</sup>, 04/19/2028 | 79741 | 79741 |
|  Claros Mortgage Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.50%,<br>9.08% <sup>(A)</sup>, 08/09/2026 | 328175 | 325714 |
|  Stars Group Holdings BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.25%,<br>8.09% <sup>(A)</sup>, 07/22/2028 | 94658 | 94788 |
|  |  | 500243 |
| **Diversified Telecommunication Services - 0.1%** | **Diversified Telecommunication Services - 0.1%** | **Diversified Telecommunication Services - 0.1%** |
|  Iridium Satellite LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 2.50%,<br>7.16% <sup>(A)</sup>, 11/04/2026 | 312329 | 312106 |
|  Telesat Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B5, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.75%,<br>7.58% <sup>(A)</sup>, 12/07/2026 | 419666 | 191158 |
|  Virgin Media Bristol LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan Q, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.71% <sup>(A)</sup>, 01/31/2029 | 167000 | 166911 |
|  |  | 670175 |
| **Electrical Equipment - 0.0% <sup>(G)</sup>** | **Electrical Equipment - 0.0% <sup>(G)</sup>** | **Electrical Equipment - 0.0% <sup>(G)</sup>** |
|  Gates Global LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>7.07% <sup>(A)</sup>, 03/31/2027 | 133658 | 133220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.50%,<br>8.06% <sup>(A)</sup>, 11/16/2029 | 26421 | 26421 |
|  |  | 159641 |
| **Electronic Equipment, Instruments & Components - 0.1%** | **Electronic Equipment, Instruments & Components - 0.1%** | **Electronic Equipment, Instruments & Components - 0.1%** |
|  II-VI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 07/02/2029 | 205642 | 204665 |
|  Ingram Micro, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.50%,<br>8.23% <sup>(A)</sup>, 06/30/2028 | 152151 | 151390 |
|  Verifone Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.00%,<br>8.36% <sup>(A)</sup>, 08/20/2025 | 422885 | 397600 |
|  |  | 753655 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Energy Equipment & Services - 0.0% <sup>(G)</sup>** | **Energy Equipment & Services - 0.0% <sup>(G)</sup>** | **Energy Equipment & Services - 0.0% <sup>(G)</sup>** |
|  M6 ETX Holdings II Midco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.50%,<br>9.16% <sup>(A)</sup>, 09/19/2029 | $231189 | $230900 |
| **Entertainment - 0.0% <sup>(G)</sup>** | **Entertainment - 0.0% <sup>(G)</sup>** | **Entertainment - 0.0% <sup>(G)</sup>** |
|  AMC Entertainment Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.43% <sup>(A)</sup>, 04/22/2026 | 320124 | 188530 |
| **Food Products - 0.0% <sup>(G)</sup>** | **Food Products - 0.0% <sup>(G)</sup>** | **Food Products - 0.0% <sup>(G)</sup>** |
|  Nomad Foods Europe Midco Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.75%,<br>8.23% <sup>(A)</sup>, 11/12/2029 | 84704 | 84916 |
| **Health Care Equipment & Supplies - 0.1%** | **Health Care Equipment & Supplies - 0.1%** | **Health Care Equipment & Supplies - 0.1%** |
|  Medline Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>7.82% <sup>(A)</sup>, 10/23/2028 | 775925 | 752841 |
| **Health Care Providers & Services - 0.4%** | **Health Care Providers & Services - 0.4%** | **Health Care Providers & Services - 0.4%** |
|  Bella Holding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.41% <sup>(A)</sup>, 05/10/2028 <sup>(F)</sup> | 293003 | 285036 |
|  CHG Healthcare Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 09/29/2028 | 190252 | 188825 |
|  Gainwell Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.00%,<br>8.73% <sup>(A)</sup>, 10/01/2027 | 430101 | 419483 |
|  ICON Luxembourg SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.25%,<br>7.00% <sup>(A)</sup>, 07/03/2028 | 165193 | 165124 |
|  MPH Acquisition Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.25%,<br>8.98% <sup>(A)</sup>, 09/01/2028 | 338287 | 302978 |
|  Option Care Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 10/27/2028 | 159106 | 158986 |
|  PRA Health Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.25%,<br>7.00% <sup>(A)</sup>, 07/03/2028 | 41158 | 41141 |
|  Radnet Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.00%,<br>7.73% <sup>(A)</sup>, 04/21/2028 | 231369 | 228947 |
|  RegionalCare Hospital Partners Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.58% <sup>(A)</sup>, 11/16/2025 | 503898 | 488921 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 12** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** |
|  Select Medical Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>7.07% <sup>(A)</sup>, 03/06/2025 | $166751 | $165501 |
|  Team Health Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 5.25%,<br>9.81% <sup>(A)</sup>, 03/02/2027 | 348038 | 288871 |
|  |  | 2733813 |
| **Health Care Technology - 0.1%** | **Health Care Technology - 0.1%** | **Health Care Technology - 0.1%** |
|  Athenahealth, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.50%,<br>8.01% <sup>(A)</sup>, 02/15/2029 | 645560 | 610054 |
|  Navicure, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>8.57% <sup>(A)</sup>, 10/22/2026 | 346764 | 343947 |
|  |  | 954001 |
| **Hotels, Restaurants & Leisure - 0.8%** | **Hotels, Restaurants & Leisure - 0.8%** | **Hotels, Restaurants & Leisure - 0.8%** |
|  Aimbridge Acquisition Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 02/02/2026 | 441577 | 405331 |
|  Caesars Entertainment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; TBD, 01/20/2030 <sup>(F) (H</sup><sup>)</sup> | 91967 | 91858 |
|  Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.57% <sup>(A)</sup>, 06/30/2025 | 139566 | 137194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 10/18/2028 | 201949 | 196900 |
|  Connect Finco SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.07% <sup>(A)</sup>, 12/11/2026 | 367349 | 363905 |
|  Dave & Buster's, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 5.00%,<br>9.69% <sup>(A)</sup>, 06/29/2029 | 293191 | 293374 |
|  Everi Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>7.07% <sup>(A)</sup>, 08/03/2028 | 214083 | 213518 |
|  Fertitta Entertainment LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.00%,<br>8.56% <sup>(A)</sup>, 01/27/2029 | 231642 | 228573 |
|  Fogo De Chao, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.25%,<br>8.82% <sup>(A)</sup>, 04/07/2025 | 304486 | 290594 |
|  GVC Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.50%,<br>8.18% <sup>(A)</sup>, 10/31/2029 <sup>(F)</sup> | 173220 | 173437 |
|  Herschend Entertainment Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.38% <sup>(A)</sup>, 08/27/2028 | 177064 | 176843 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** |
|  Hilton Grand Vacations Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.57% <sup>(A)</sup>, 08/02/2028 | $303904 | $303840 |
|  Hornblower Sub LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Repriced Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.50%,<br>8.67% <sup>(A)</sup>, 04/27/2025 | 378651 | 248332 |
|  IRB Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 02/05/2025 | 232086 | 231433 |
|  Motion Finco SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Delayed Draw Term Loan B2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.98% <sup>(A)</sup>, 11/12/2026 | 22265 | 21931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.98% <sup>(A)</sup>, 11/12/2026 | 183317 | 180567 |
|  NEP / NCP Holdco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 10/20/2025 | 477307 | 427041 |
|  PCI Gaming Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>7.07% <sup>(A)</sup>, 05/29/2026 | 170118 | 169784 |
|  PF Chang's China Bistro, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 6.50%,<br>11.23% <sup>(A)</sup>, 03/01/2026 | 322588 | 280047 |
|  Playa Resorts Holding BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.25%,<br>8.73% <sup>(A)</sup>, 01/05/2029 | 241433 | 239578 |
|  Scientific Games Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.50%,<br>8.10% <sup>(A)</sup>, 04/04/2029 | 221704 | 217894 |
|  Scientific Games International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.00%,<br>7.58% <sup>(A)</sup>, 04/14/2029 | 176303 | 175936 |
|  SeaWorld Parks & Entertainment, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.63% <sup>(A)</sup>, 08/25/2028 | 412526 | 410979 |
|  Travel & Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.00%,<br>8.61% <sup>(A)</sup>, 12/14/2029 | 73333 | 73242 |
|  Travelport Finance SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 6.75%,<br>PIK Rate 1.75%, Cash Rate 0.00%,<br>1.75% - 9.73% <sup>(A)</sup>, 05/29/2026 <sup>(I)</sup> | 688265 | 412959 |
|  Whatabrands LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 08/03/2028 | 164577 | 162862 |
|  |  | 6127952 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 13** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Household Products - 0.0% <sup>(G)</sup>** | **Household Products - 0.0% <sup>(G)</sup>** | **Household Products - 0.0% <sup>(G)</sup>** |
|  Diamond BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>3-Month LIBOR + 2.75%,<br>7.32% - 7.58% <sup>(A)</sup>, 09/29/2028 | $272380 | $268975 |
| **Insurance - 0.3%** | **Insurance - 0.3%** | **Insurance - 0.3%** |
|  Alliant Holdings Intermediate LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 05/09/2025 | 235449 | 235052 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.01% <sup>(A)</sup>, 11/06/2027 | 147071 | 146729 |
|  AmWINS Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.25%,<br>6.82% <sup>(A)</sup>, 02/19/2028 | 306223 | 304139 |
|  Broadstreet Partners, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 01/27/2027 | 286860 | 282677 |
|  Hub International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.95% - 8.06% <sup>(A)</sup>, 04/25/2025 | 463340 | 462761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.00%,<br>8.22% <sup>(A)</sup>, 11/10/2029 | 6096 | 6090 |
|  Hyperion Insurance Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.88% <sup>(A)</sup>, 11/12/2027 | 374111 | 370370 |
|  Sedgwick Claims Management Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; TBD, 09/03/2026 <sup>(F) (H)</sup> | 50000 | 49914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 12/31/2025 | 374329 | 372317 |
|  |  | 2230049 |
| **Internet & Catalog Retail - 0.1%** | **Internet & Catalog Retail - 0.1%** | **Internet & Catalog Retail - 0.1%** |
|  CNT Holdings I Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 6.75%,<br>11.38% <sup>(A)</sup>, 11/06/2028 | 205369 | 197326 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.50%,<br>8.13% <sup>(A)</sup>, 11/08/2027 | 206417 | 203468 |
|  |  | 400794 |
| **IT Services - 0.1%** | **IT Services - 0.1%** | **IT Services - 0.1%** |
|  Peraton Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.75%,<br>8.32% <sup>(A)</sup>, 02/01/2028 | 400878 | 397943 |
|  Rackspace Technology Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.75%,<br>7.38% <sup>(A)</sup>, 02/15/2028 | 184410 | 115871 |
|  Tempo Acquisition LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.00%,<br>7.56% <sup>(A)</sup>, 08/31/2028 | 184527 | 184666 |
|  |  | 698480 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Life Sciences Tools & Services - 0.1%** | **Life Sciences Tools & Services - 0.1%** | **Life Sciences Tools & Services - 0.1%** |
|  Parexel International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 11/15/2028 | $360864 | $357661 |
| **Machinery - 0.2%** | **Machinery - 0.2%** | **Machinery - 0.2%** |
|  Alliance Laundry Systems LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.50%,<br>8.31% <sup>(A)</sup>, 10/08/2027 | 149614 | 149026 |
|  Chart Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; TBD, 12/07/2029 <sup>(F) (H)</sup> | 69753 | 69274 |
|  Circor International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 5.50%,<br>10.07% <sup>(A)</sup>, 12/20/2028 | 150105 | 148228 |
|  Filtration Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.07% <sup>(A)</sup>, 10/21/2028 | 189534 | 188389 |
|  Hayward Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>7.07% <sup>(A)</sup>, 05/30/2028 | 158092 | 156115 |
|  OEConnection LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>1-Month Term SOFR + 4.00%,<br>8.58% - 8.65% <sup>(A)</sup>, 09/25/2026 | 373853 | 363572 |
|  Patriot Container Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.75%,<br>8.28% <sup>(A)</sup>, 03/20/2025 | 400804 | 369408 |
|  |  | 1444012 |
| **Media - 0.3%** | **Media - 0.3%** | **Media - 0.3%** |
|  CMG Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.50%,<br>8.23% <sup>(A)</sup>, 12/17/2026 | 235865 | 223187 |
|  Cogeco Financing 2 LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>7.07% <sup>(A)</sup>, 09/01/2028 | 248167 | 245651 |
|  CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B5, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>6.96% <sup>(A)</sup>, 04/15/2027 | 483720 | 447744 |
|  Dotdash Meredith, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.00%,<br>8.43% <sup>(A)</sup>, 12/01/2028 | 151889 | 128599 |
|  Gray Television, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan C, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.50%,<br>6.87% <sup>(A)</sup>, 01/02/2026 | 73843 | 73433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan D, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.37% <sup>(A)</sup>, 12/01/2028 | 115839 | 115259 |
|  Rentpath, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; TBD, 05/03/2028 <sup>(H) (J) (K) (L) (M) (N) (O)</sup> | 594723 | 0 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 14** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |
|  Sinclair Television Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.75%,<br>8.41% <sup>(A)</sup>, 04/21/2029 | $248750 | $243930 |
|  United Talent Agency LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>8.65% <sup>(A)</sup>, 07/07/2028 | 371703 | 367986 |
|  Univision Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 03/15/2026 | 292974 | 289678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.25%,<br>8.83% <sup>(A)</sup>, 06/24/2029 | 85068 | 84253 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 01/31/2029 | 84832 | 83560 |
|  |  | 2303280 |
| **Metals & Mining - 0.1%** | **Metals & Mining - 0.1%** | **Metals & Mining - 0.1%** |
|  US Silica Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>8.63% <sup>(A)</sup>, 05/01/2025 | 367000 | 365738 |
| **Mortgage Real Estate Investment Trusts - 0.0% <sup>(G)</sup>** | **Mortgage Real Estate Investment Trusts - 0.0% <sup>(G)</sup>** | **Mortgage Real Estate Investment Trusts - 0.0% <sup>(G)</sup>** |
|  Apollo Commercial Real Estate Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.05% <sup>(A)</sup>, 03/11/2028 | 282472 | 268349 |
| **Oil, Gas & Consumable Fuels - 0.2%** | **Oil, Gas & Consumable Fuels - 0.2%** | **Oil, Gas & Consumable Fuels - 0.2%** |
|  Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.25%,<br>6.63% <sup>(A)</sup>, 11/01/2026 | 162689 | 162638 |
|  Centurion Pipeline Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 09/29/2025 | 139016 | 137800 |
|  CQP Holdco LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.48% <sup>(A)</sup>, 06/05/2028 | 368180 | 368378 |
|  EG America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.00%,<br>8.73% <sup>(A)</sup>, 02/07/2025 | 319007 | 307215 |
|  Medallion Midland Acquisition LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.75%,<br>8.59% <sup>(A)</sup>, 10/18/2028 | 209984 | 209721 |
|  Oryx Midstream Services Permian Basin LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.92% <sup>(A)</sup>, 10/05/2028 <sup>(F)</sup> | 238400 | 237506 |
|  TransMontaigne Operating Co. LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.01% - 8.05% <sup>(A)</sup>, 11/17/2028 | 311234 | 309920 |
|  |  | 1733178 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Paper & Forest Products - 0.0% <sup>(G)</sup>** | **Paper & Forest Products - 0.0% <sup>(G)</sup>** | **Paper & Forest Products - 0.0% <sup>(G)</sup>** |
|  Vertical US Newco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 3.50%,<br>8.60% <sup>(A)</sup>, 07/30/2027 <sup>(F)</sup> | $312711 | $306653 |
| **Personal Products - 0.1%** | **Personal Products - 0.1%** | **Personal Products - 0.1%** |
|  Coty, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.25%,<br>6.65% <sup>(A)</sup>, 04/07/2025 | 339548 | 338274 |
|  Sunshine Luxembourg VII SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.48% <sup>(A)</sup>, 10/01/2026 | 297350 | 291156 |
|  |  | 629430 |
| **Pharmaceuticals - 0.0% <sup>(G)</sup>** | **Pharmaceuticals - 0.0% <sup>(G)</sup>** | **Pharmaceuticals - 0.0% <sup>(G)</sup>** |
|  Organon & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.00%,<br>7.75% <sup>(A)</sup>, 06/02/2028 | 221755 | 221201 |
| **Professional Services - 0.1%** | **Professional Services - 0.1%** | **Professional Services - 0.1%** |
|  Verscend Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>8.57% <sup>(A)</sup>, 08/27/2025 | 422854 | 421494 |
| **Real Estate Management & Development - 0.1%** | **Real Estate Management & Development - 0.1%** | **Real Estate Management & Development - 0.1%** |
|  Brookfield WEC Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 08/01/2025 | 308119 | 307580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.75%,<br>8.31% <sup>(A)</sup>, 08/01/2025 | 59251 | 59193 |
|  Cushman & Wakefield US Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.25%,<br>7.91% <sup>(A)</sup>, 01/21/2030 | 159304 | 158574 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 08/21/2025 | 126296 | 125664 |
|  |  | 651011 |
| **Road & Rail - 0.0% <sup>(G)</sup>** | **Road & Rail - 0.0% <sup>(G)</sup>** | **Road & Rail - 0.0% <sup>(G)</sup>** |
|  Hertz Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 06/30/2028 | 196193 | 195089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan C, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 06/30/2028 | 37538 | 37327 |
|  |  | 232416 |
| **Semiconductors & Semiconductor Equipment - 0.0% <sup>(G)</sup>** | **Semiconductors & Semiconductor Equipment - 0.0% <sup>(G)</sup>** | **Semiconductors & Semiconductor Equipment - 0.0% <sup>(G)</sup>** |
|  Altar Bidco, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month Term SOFR + 3.10%,<br>5.50% - 7.99% <sup>(A)</sup>, 02/01/2029 | 161996 | 158148 |
| **Software - 1.0%** | **Software - 1.0%** | **Software - 1.0%** |
|  Applied Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.50%,<br>9.08% <sup>(A)</sup>, 09/18/2026 | 295698 | 295790 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 15** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
|  Applied Systems, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 6.75%,<br>11.33% <sup>(A)</sup>, 09/19/2025 | $73849 | $73726 |
|  Barracuda Networks, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.50%,<br>9.18% <sup>(A)</sup>, 08/15/2029 | 339494 | 328036 |
|  Central Parent, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.50%,<br>9.08% <sup>(A)</sup>, 07/06/2029 | 427809 | 426594 |
|  Comet Acquisition, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.98% <sup>(A)</sup>, 10/24/2025 | 230943 | 225555 |
|  Corel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 5.00%,<br>9.73% <sup>(A)</sup>, 07/02/2026 | 409208 | 381330 |
|  CPC Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 7.75%,<br>12.48% <sup>(A)</sup>, 12/29/2028 | 66316 | 39955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.48% <sup>(A)</sup>, 12/29/2027 | 185732 | 151372 |
|  DCert Buyer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 7.00%,<br>11.70% <sup>(A)</sup>, 02/19/2029 | 101488 | 92659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.00%,<br>8.70% <sup>(A)</sup>, 10/16/2026 | 399938 | 394796 |
|  Epicor Software Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 7.75%,<br>12.32% <sup>(A)</sup>, 07/31/2028 | 59907 | 59660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.25%,<br>7.82% <sup>(A)</sup>, 07/30/2027 | 290460 | 285135 |
|  Greeneden US Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>8.57% <sup>(A)</sup>, 12/01/2027 | 596621 | 585285 |
|  Helios Software Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.75%,<br>8.48% <sup>(A)</sup>, 03/11/2028 | 319638 | 314923 |
|  ION Trading Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 4.75%,<br>9.48% <sup>(A)</sup>, 04/03/2028 | 361570 | 349518 |
|  McAfee LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.75%,<br>8.18% <sup>(A)</sup>, 03/01/2029 | 589523 | 551204 |
|  MedAssets Software Intermediate Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 6.75%,<br>11.32% <sup>(A)</sup>, 12/17/2029 | 111064 | 71636 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 4.00%,<br>8.57% <sup>(A)</sup>, 12/18/2028 | 201768 | 182600 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
|  Mitnick Corporate Purchaser, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.75%,<br>9.53% <sup>(A)</sup>, 05/02/2029 | $102756 | $99245 |
|  NCR Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.50%,<br>7.33% <sup>(A)</sup>, 08/28/2026 | 170778 | 169817 |
|  Project Boost Purchaser LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.07% <sup>(A)</sup>, 06/01/2026 | 318714 | 311587 |
|  Proofpoint, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.98% <sup>(A)</sup>, 08/31/2028 <sup>(F)</sup> | 341197 | 334213 |
|  RealPage, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1st Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>7.57% <sup>(A)</sup>, 04/24/2028 | 337043 | 328280 |
|  Sophia LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 4.25%,<br>8.81% <sup>(A)</sup>, 10/07/2027 | 438067 | 430674 |
|  Ultimate Software Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 5.25%,<br>10.03% <sup>(A)</sup>, 05/03/2027 | 63678 | 60772 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>8.03% <sup>(A)</sup>, 05/04/2026 | 78137 | 76835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.75%,<br>8.58% <sup>(A)</sup>, 05/04/2026 | 323183 | 318336 |
|  VS Buyer LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.00%,<br>9.50% <sup>(A)</sup>, 02/28/2027 | 207845 | 206286 |
|  |  | 7145819 |
| **Specialty Retail - 0.1%** | **Specialty Retail - 0.1%** | **Specialty Retail - 0.1%** |
|  Belron Finance US LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.50%,<br>7.06% <sup>(A)</sup>, 04/13/2028 | 61146 | 61019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 2.25%,<br>7.06% <sup>(A)</sup>, 10/30/2026 | 149419 | 149232 |
|  Petco Health & Wellness Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 3.25%,<br>7.98% <sup>(A)</sup>, 03/03/2028 | 298481 | 295123 |
|  Storable, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month Term SOFR + 3.50%,<br>3-Month Term SOFR + 3.50%,<br>8.06% - 8.29% <sup>(A)</sup>, 04/17/2028 | 153745 | 149786 |
|  |  | 655160 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 16** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** | **LOAN ASSIGNMENTS (continued)** |
| **Textiles, Apparel & Luxury Goods - 0.1%** | **Textiles, Apparel & Luxury Goods - 0.1%** | **Textiles, Apparel & Luxury Goods - 0.1%** |
|  Birkenstock GmbH & Co. KG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.25%,<br>7.69% <sup>(A)</sup>, 04/28/2028 | $336457 | $335300 |
|  Varsity Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 3.50%,<br>8.07% <sup>(A)</sup>, 12/15/2024 | 433100 | 428769 |
|  |  | 764069 |
| **Transportation Infrastructure - 0.0% <sup>(G)</sup>** | **Transportation Infrastructure - 0.0% <sup>(G)</sup>** | **Transportation Infrastructure - 0.0% <sup>(G)</sup>** |
|  KKR Apple Bidco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 5.75%,<br>10.32% <sup>(A)</sup>, 09/21/2029 | 32722 | 32068 |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 2.75%,<br>7.32% <sup>(A)</sup>, 09/23/2028 | 195105 | 194251 |
|  |  | 226319 |
| **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** |
|  Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan B12, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.69%,<br>8.52% <sup>(A)</sup>, 01/31/2026 | 752675 | 722568 |
|  CCI Buyer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 4.00%,<br>8.58% <sup>(A)</sup>, 12/17/2027 | 434799 | 425197 |
|  Eagle Broadband Investments LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Term Loan, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 3.00%,<br>7.75% <sup>(A)</sup>, 11/12/2027 | 233863 | 231115 |
|  |  | 1378880 |
|  **Total Loan Assignments<br>(Cost $55,734,529)** | **Total Loan Assignments<br>(Cost $55,734,529)** | 54218654 |
| **U.S. GOVERNMENT OBLIGATIONS - 29.6%** | **U.S. GOVERNMENT OBLIGATIONS - 29.6%** | **U.S. GOVERNMENT OBLIGATIONS - 29.6%** |
| **U.S. Treasury - 28.0%** | **U.S. Treasury - 28.0%** | **U.S. Treasury - 28.0%** |
|  U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 02/15/2042 | 9700000 | 7813805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/15/2042 | 14000000 | 12936875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 08/15/2042 | 19500000 | 18363516 |
|  U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 05/15/2024 - 06/15/2024 | 51000000 | 48152422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/31/2028 <sup>(E)</sup> | 822000 | 726089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/15/2031 | 3191000 | 2683058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/2032 | 44000 | 38503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 04/30/2024 - 05/31/2024 | 50000000 | 48346680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/30/2024 | 25000000 | 24269531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 04/30/2024 - 05/15/2024 | 40000000 | 38935156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 12/31/2029 | 1100000 | 1118734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/31/2029 | 260000 | 265982 |
|  |  | 203650351 |
| **U.S. Treasury Inflation-Protected Securities - 1.6%** | **U.S. Treasury Inflation-Protected Securities - 1.6%** | **U.S. Treasury Inflation-Protected Securities - 1.6%** |
|  U.S. Treasury Inflation-Protected Indexed Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 04/15/2023 | 11985900 | 11938378 |
|  **Total U.S. Government Obligations<br>(Cost $220,450,769)** | **Total U.S. Government Obligations<br>(Cost $220,450,769)** | 215588729 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS - 0.4%** | **COMMON STOCKS - 0.4%** | **COMMON STOCKS - 0.4%** |
| **Energy Equipment & Services - 0.4%** | **Energy Equipment & Services - 0.4%** | **Energy Equipment & Services - 0.4%** |
|  Hi-Crush, Inc. <sup>(K) (L) (N)</sup> | 78 | $3019536 |
| **Machinery - 0.0%** | **Machinery - 0.0%** | **Machinery - 0.0%** |
|  Ameriforge Group, Inc. <sup>(K) (L) (M) (N) (O)</sup> | 2679 | 0 |
|  **Total Common Stocks<br>(Cost $560,060)** | **Total Common Stocks<br>(Cost $560,060)** | 3019536 |
| **PREFERRED STOCK - 0.3%** | **PREFERRED STOCK - 0.3%** | **PREFERRED STOCK - 0.3%** |
| **Banks - 0.3%** | **Banks - 0.3%** | **Banks - 0.3%** |
|  Customers Bancorp, Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 79110 | 1772064 |
|  **Total Preferred Stock<br>(Cost $1,977,750)** | **Total Preferred Stock<br>(Cost $1,977,750)** | 1772064 |
|  | **Principal** | **Value** |
| **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 13.8%** | **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 13.8%** | **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 13.8%** |
|  U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% <sup>(P)</sup>, 03/23/2023 | $25000000 | 24844887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.98% <sup>(P)</sup>, 03/30/2023 | 25000000 | 24821800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.37% <sup>(P)</sup>, 03/02/2023 | 25000000 | 24911188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.48% <sup>(P)</sup>, 03/28/2023 | 25000000 | 24828030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.59% <sup>(P)</sup>, 05/04/2023 | 280000 | 276746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.61% <sup>(P)</sup>, 05/04/2023 | 100000 | 98838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74% <sup>(P)</sup>, 05/23/2023 | 600000 | 591497 |
|  **Total Short-Term U.S. Government Obligations<br>(Cost $100,431,652)** | **Total Short-Term U.S. Government Obligations<br>(Cost $100,431,652)** | 100372986 |
|  | **Shares** | **Value** |
| **SHORT-TERM INVESTMENT COMPANY - 13.1%** | **SHORT-TERM INVESTMENT COMPANY - 13.1%** | **SHORT-TERM INVESTMENT COMPANY - 13.1%** |
| **Money Market Fund - 13.1%** | **Money Market Fund - 13.1%** | **Money Market Fund - 13.1%** |
|  State Street Institutional U.S. Government Money Market Fund, 4.18% <sup>(P)</sup> | 95492872 | 95492872 |
|  **Total Short-Term Investment Company<br>(Cost $95,492,872)** | **Total Short-Term Investment Company<br>(Cost $95,492,872)** | 95492872 |
| **OTHER INVESTMENT COMPANY - 0.6%** | **OTHER INVESTMENT COMPANY - 0.6%** | **OTHER INVESTMENT COMPANY - 0.6%** |
| **Securities Lending Collateral - 0.6%** | **Securities Lending Collateral - 0.6%** | **Securities Lending Collateral - 0.6%** |
|  State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 4.30% <sup>(P)</sup> | 4403500 | 4403500 |
|  **Total Other Investment Company<br>(Cost $4,403,500)** | **Total Other Investment Company<br>(Cost $4,403,500)** | 4403500 |
|  **Total Investments<br>(Cost $728,732,338)** | **Total Investments<br>(Cost $728,732,338)** | 714891601 |
|  **Net Other Assets (Liabilities) - 1.9%** |  | 13896169 |
|  **Net Assets - 100.0%** |  | **$728787770** |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 17** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

**FUTURES CONTRACTS:** 

------

**Long Futures Contracts** 

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Amount** | **Value** | **Unrealized<br>Appreciation** | **Unrealized<br>Depreciation** |
|  German Euro BOBL | 654 | 03/08/2023 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85143493 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83399867 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1743626) |

---

**INVESTMENT VALUATION:** 

------

**Valuation Inputs** <sup>(Q)</sup>

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -<br>Unadjusted<br>Quoted<br>Prices** | **Level 2 -<br>Other<br>Significant<br>Observable<br>Inputs** | **Level 3 -<br>Significant<br>Unobservable<br>Inputs <sup>(R)</sup>** | **Value** |
|  **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
|  **Investments** | **Investments** | **Investments** | **Investments** | **Investments** |
|  Asset-Backed Securities | $— | $90613083 | $— | $90613083 |
|  Corporate Debt Securities |  | 146281448 |  | 146281448 |
|  Foreign Government Obligations |  | 3128729 |  | 3128729 |
|  Loan Assignments |  | 54218654 | 0 | 54218654 |
|  U.S. Government Obligations |  | 215588729 |  | 215588729 |
|  Common Stocks |  |  | 3019536 | 3019536 |
|  Preferred Stock | 1772064 |  |  | 1772064 |
|  Short-Term U.S. Government Obligations |  | 100372986 |  | 100372986 |
|  Short-Term Investment Company | 95492872 |  |  | 95492872 |
|  Other Investment Company | 4403500 |  |  | 4403500 |
|  **Total Investments** | $**101668436** | $**610203629** | $**3019536** | $**714891601** |
|  **LIABILITIES** | **LIABILITIES** | **LIABILITIES** | **LIABILITIES** | **LIABILITIES** |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
|  Futures Contracts <sup>(S)</sup> | $(1743626) | $— | $— | $(1743626) |
|  **Total Other Financial Instruments** | $**(1743626)** | $**—** | $**—** | $**(1743626)** |

---

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

(A) *Floating or variable rate securities. The rates disclosed are as of January 31, 2023. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.* 

(B) *Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, the total value of 144A securities is $134,472,938, representing 18.5% of the Fund's net assets.* 

(C) *Perpetual maturity. The date displayed is the next call date.* 

(D) *Securities are exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At January 31, 2023, the total value of Regulation S securities is $21,972,166, representing 3.0% of the Fund's net assets.* 

(E) *All or a portion of the securities are on loan. The total value of all securities on loan is $4,563,128, collateralized by cash collateral of $4,403,500 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $254,163. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.* 

(F) *When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after January 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.* 

(G) *Percentage rounds to less than 0.1% or (0.1)%.* 

(H) *All or a portion of the security represents unsettled loan commitments at January 31, 2023 where the rate will be determined at time of settlement.* 

(I) *Payment in-kind. Security pays interest or dividends in the form of additional bonds or preferred stock. If the security makes a cash payment in addition to in-kind, the cash rate is disclosed separately.* 

(J) *Security in default; no interest payments received and/or dividends declared during the last 12 months. At January 31, 2023, the value of this security is $0, representing less than 0.1% of the Fund's net assets.* 

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 18** |

---

**Transamerica Unconstrained Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

**FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):** 

(K) *Restricted securities. At January 31, 2023, the value of such securities held by the Fund are as follows:* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Value** | **Value as<br>Percentage of<br>Net Assets** |
|  Loan Assignments | Rentpath, Inc.<br>2nd Lien Term Loan,<br>TBD, 05/03/2028 | 04/06/2021 | $103474 | $0 | 0.0% |
|  Common Stocks | Hi-Crush, Inc. | 10/08/2020 - 11/02/2021 | 473091 | 3019536 | 0.4 |
|  Common Stocks | Ameriforge Group, Inc. | 04/20/2016 - 05/13/2016 | 91268 | 0 | 0.0 |
|  **Total** |  |  | $**667833** | $**3019536** | **0.4%** |

---

(L) *Fair valued as determined in good faith in accordance with procedures established by the Board. At January 31, 2023, the total value of securities is $3,019,536, representing 0.4% of the Fund's net assets.* 

(M) *Non-income producing securities.* 

(N) *Securities are Level 3 of the fair value hierarchy.* 

(O) *Securities deemed worthless.* 

(P) *Rates disclosed reflect the yields at January 31, 2023.* 

(Q) *There were no transfers in or out of Level 3 during the period ended January 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

(R) *Level 3 securities were not considered significant to the Fund.* 

(S) *Derivative instruments are valued at unrealized appreciation (depreciation).* 

**PORTFOLIO ABBREVIATIONS:** 

---

| | |
|:---|:---|
|  BOBL | *Bundesobligationen (German Federal Government Securities)* |
|  LIBOR | *London Interbank Offered Rate* |
|  Prime Rate | *Interest rate charged by banks to their most credit worthy customers* |
|  SOFR | *Secured Overnight Financing Rate* |
|  TBD | *To Be Determined* |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 19** |

---

**Transamerica Unconstrained Bond** 

------

**NOTES TO SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

**INVESTMENT VALUATION** 

Transamerica Unconstrained Bond (the "Fund") is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange ("NYSE") each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments and derivative instruments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value ("NAV") per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at January 31, 2023, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

**Fair value measurements:** Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Asset-backed securities:* The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*Corporate debt securities:* The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

*Foreign government obligations:* Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Loan assignments:* Loan assignments are normally valued using an income approach, which projects future cash flows and converts those future cash flows to a present value using a discount rate. The resulting present value reflects the likely fair value of the loan. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise are categorized in Level 3.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 20** |

---

**Transamerica Unconstrained Bond** 

------

**NOTES TO SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

*U.S. government obligations:* U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Equity securities:* Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

*Short-term notes:* The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Investment companies:* Certain investment companies are valued at the NAV as the practical expedient. These investment companies are not included within the fair value hierarchy. Certain other investment companies are valued at the actively traded NAV and no valuation adjustments are applied. These investment companies are categorized in Level 1 of the fair value hierarchy.

*Securities lending collateral:* Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

*Restricted securities:* Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.

*Derivative instruments:* Centrally cleared or listed derivatives that are actively traded are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy. Over-the-counter ("OTC") derivative contracts include forward, swap, swaption, and option contracts related to interest rates, foreign currencies, credit standing of reference entities, equity prices, or commodity prices. Depending on the product and the terms of the transaction, the fair value of the OTC derivative products are modeled taking into account the counterparties' creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments and the pricing inputs are observed from actively quoted markets, as is the case of interest rate swap and option contracts. The majority of OTC derivative products valued by the Fund using pricing models fall into this category and are categorized within Level 2 of the fair value hierarchy or Level 3 if inputs are unobservable.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 21** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRANSAMERICA FUNDS

- **b. Investment Company Act file number:** 811-04556

- **c. CIK number of Registrant:** 0000787623

- **d. LEI of Registrant:** 54930088ZHZE1VMYEY52

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

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

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

- **a. Name of Series:** Transamerica Unconstrained Bond

- **b. EDGAR series identifier (if any):** S000047479

- **c. LEI of Series:** 54930000WQFBEX4N7U31

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $740006031.04

**Total Liabilities:** $14058552.97

**Net Assets:** $725947478.07

**Delayed Delivery Securities:** $1567624.88

**Cash Not Reported:** $11977990.10

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -449.57000000 | **1-Year:** -10545.17000000 | **5-Year:** -34326.73000000 | **10-Year:** -10124.50000000 | **30-Year:** -1271.31000000

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

- **3-Month:** -276.20000000 | **1-Year:** -10525.19000000 | **5-Year:** -31758.32000000 | **10-Year:** -11576.27000000 | **30-Year:** -6978.59000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000149085 | 1.95%                | 0.24%                | 1.77%                |
| Class ID C000149082 | 1.92%                | 0.21%                | 1.73%                |
| Class ID C000149084 | 1.94%                | 0.23%                | 1.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2012432.93             | $13498794.28                               |
| Month 2  | $-711372.70              | $1398222.65                                |
| Month 3  | $-720196.46              | $9741344.85                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| USIC Holdings, Inc.                                 | USIC Holdings, Inc.                                                                  | CUSIP: 90290HAR3<br>LEI: 5493009ZYUWB7X699U62 | Long             | LON              | CORP              | US        |    128309 | PA      | $120610.29    | 0.02%             | 2029-05-14      | Floating      | 11.07%                | No            |                  2 | On Loan: No      |
| Trident TPI Holdings, Inc.                          | Trident TPI Holdings, Inc.                                                           | CUSIP: 00216EAE9<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    229699 | PA      | $225064.07    | 0.03%             | 2028-09-15      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                      | Morgan Stanley                                                                       | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    425000 | PA      | $390077.18    | 0.05%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                        | Comcast Corp.                                                                        | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    233000 | PA      | $230539.13    | 0.03%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                   | NatWest Group PLC                                                                    | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $444084.01    | 0.06%             | 2025-03-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                      | Amazon.com, Inc.                                                                     | CUSIP: 023135CQ7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    340000 | PA      | $345223.19    | 0.05%             | 2029-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                                       | LFS Topco LLC                                                                        | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $153037.55    | 0.02%             | 2026-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holdings Inc. | Element Materials Technology Group U.S. Holdings, Inc.                               | CUSIP: 000000000<br>LEI: 213800EGOJGGUKUGEZ30 | Long             | LON              | CORP              | US        |     40347 | PA      | $39804.41     | 0.01%             | 2029-07-06      | Variable      | 8.93%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                              | Verizon Communications, Inc.                                                         | CUSIP: 92343VEU4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    550000 | PA      | $526087.83    | 0.07%             | 2029-12-03      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp                                 | CNT Holdings I Corp.                                                                 | CUSIP: 12656AAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    206417 | PA      | $203467.88    | 0.03%             | 2027-11-08      | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| M6 ETX Holdings II Midco LLC                        | M6 ETX Holdings II Midco LLC                                                         | CUSIP: 55285DAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    231189 | PA      | $230900.50    | 0.03%             | 2029-09-19      | Variable      | 9.16%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES                            | ION Trading Technologies Sarl                                                        | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |    450000 | PA      | $385312.50    | 0.05%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| USIC Holdings, Inc.                                 | USIC Holdings, Inc.                                                                  | CUSIP: 90290HAP7<br>LEI: 5493009ZYUWB7X699U62 | Long             | LON              | CORP              | US        |    153676 | PA      | $148633.61    | 0.02%             | 2028-05-12      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                            | Hilcorp Energy I LP/Hilcorp Finance Co.                                              | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $334851.00    | 0.05%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASP Unifrax Holdings Inc                            | ASP Unifrax Holdings, Inc.                                                           | CUSIP: 00216UAC7<br>LEI: 549300RRU6BWJLD0YT71 | Long             | LON              | CORP              | US        |    250250 | PA      | $227727.79    | 0.03%             | 2025-12-12      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                            | Moog, Inc.                                                                           | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |    172000 | PA      | $159870.56    | 0.02%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Belron Finance US LLC                               | Belron Finance U.S. LLC                                                              | CUSIP: 08078UAF0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     61146 | PA      | $61018.79     | 0.01%             | 2028-04-13      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Driven Holdings, LLC                                | Driven Holdings LLC                                                                  | CUSIP: 000000000<br>LEI: 2549009H8IC4YXR5FV18 | Long             | LON              | CORP              | US        |    149623 | PA      | $146069.57    | 0.02%             | 2028-12-17      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS, INC.                            | Spirit Aerosystems, Inc.                                                             | CUSIP: 84857HAY6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | LON              | CORP              | US        |    299373 | PA      | $299466.81    | 0.04%             | 2027-01-15      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                          | Nucor Corp.                                                                          | CUSIP: 670346AV7<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177796.71    | 0.02%             | 2032-04-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Camelot U.S. Acquisition LLC                        | Camelot U.S. Acquisition LLC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    266604 | PA      | $265937.19    | 0.04%             | 2026-10-30      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Belron Finance US LLC                               | Belron Finance U.S. LLC                                                              | CUSIP: 08078UAE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    149419 | PA      | $149232.14    | 0.02%             | 2026-10-30      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                        | State Street Institutional US Government Money Market Fund                           | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  95492872 | NS      | $95492872.24  | 13.15%            |  |  |  | No            |                  1 | On Loan: No      |
| USI, INC.                                           | USI, Inc.                                                                            | CUSIP: 90351NAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    268707 | PA      | $268371.41    | 0.04%             | 2029-11-22      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Colibri Group LLC                                   | Colibri Group LLC                                                                    | CUSIP: 58175BAF9<br>LEI: 549300Y8K947LX22YC70 | Long             | LON              | CORP              | US        |    169855 | PA      | $163591.44    | 0.02%             | 2029-03-12      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                   | Union Electric Co.                                                                   | CUSIP: 906548CM2<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    275000 | PA      | $260591.99    | 0.04%             | 2027-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AmWINS Group, Inc.                                  | AmWINS Group, Inc.                                                                   | CUSIP: 03234TAW8<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    306223 | PA      | $304138.65    | 0.04%             | 2028-02-19      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES                            | Texas Capital Bancshares, Inc.                                                       | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $454673.06    | 0.06%             | 2031-05-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                | Commercial Metals Co.                                                                | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    207000 | PA      | $179091.37    | 0.02%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust                            | Toyota Lease Owner Trust                                                             | CUSIP: 89238LAC4<br>LEI: 549300Q5D7XQY78JVZ82 | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3387728.05   | 0.47%             | 2025-02-20      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| Trident TPI Holdings, Inc.                          | Trident TPI Holdings, Inc.                                                           | CUSIP: 00216EAB5<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    139875 | PA      | $139263.46    | 0.02%             | 2024-10-17      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings, Inc.                    | AMC Entertainment Holdings, Inc.                                                     | CUSIP: 00164DAQ6<br>LEI: 549300ZO77UNR6NRBR11 | Long             | LON              | CORP              | US        |    320124 | PA      | $188530.11    | 0.03%             | 2026-04-22      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                            | Cogent Communications Group, Inc.                                                    | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    305000 | PA      | $301889.00    | 0.04%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                              | HAT Holdings I LLC/HAT Holdings II LLC                                               | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |    230000 | PA      | $224919.30    | 0.03%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Potters Industries, LLC                             | Potters Industries LLC                                                               | CUSIP: 73813HAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    211094 | PA      | $210038.66    | 0.03%             | 2027-12-14      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                             | Goldman Sachs Group, Inc.                                                            | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    450000 | PA      | $397037.61    | 0.05%             | 2027-09-10      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                              | Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC                 | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $361675.00    | 0.05%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                     | Benefit Street Partners CLO IV Ltd.                                                  | CUSIP: 08180FBG5<br>LEI: 5493002BNZCV0YE1MG83 | Long             | ABS-CBDO         | CORP              | KY        |   4250000 | PA      | $4212098.50   | 0.58%             | 2032-01-20      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                        | Calpine Corp.                                                                        | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    238000 | PA      | $203624.52    | 0.03%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                    | Societe Generale SA                                                                  | CUSIP: 83370RAA6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1765000 | PA      | $1517766.37   | 0.21%             | 2030-11-18      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| MARRIOTT INTERNATIONAL                              | Marriott International, Inc.                                                         | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    300000 | PA      | $254651.91    | 0.04%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                             | Quikrete Holdings, Inc.                                                              | CUSIP: 74839XAF6<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    231922 | PA      | $230385.30    | 0.03%             | 2027-02-01      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                                  | Mattamy Group Corp.                                                                  | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    190000 | PA      | $173850.00    | 0.02%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                   | Post Holdings, Inc.                                                                  | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    205000 | PA      | $176488.60    | 0.02%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                         | Deluxe Corp.                                                                         | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    323000 | PA      | $276640.36    | 0.04%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                | Chart Industries, Inc.                                                               | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |     69753 | PA      | $69273.50     | 0.01%             | 2029-12-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                       | Carnival Corp.                                                                       | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     11000 | PA      | $10010.00     | 0.00%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| GOLDMAN SACHS GROUP INC                             | Goldman Sachs Group, Inc.                                                            | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    475000 | PA      | $386677.64    | 0.05%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP PLC (THE)                                | Weir Group PLC                                                                       | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    319000 | PA      | $285561.27    | 0.04%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| METIS MERGER SUB LLC                                | Metis Merger Sub LLC                                                                 | CUSIP: 59155LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    295000 | PA      | $251487.50    | 0.03%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Medline Borrower, LP                                | Medline Borrower LP                                                                  | CUSIP: 58503UAC7<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    775925 | PA      | $752841.05    | 0.10%             | 2028-10-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                 | JPMorgan Chase & Co.                                                                 | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257204.41    | 0.04%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC              | Cushman & Wakefield U.S. Borrower LLC                                                | CUSIP: 23340DAP7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    300421 | PA      | $298918.50    | 0.04%             | 2025-08-21      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                     | TSMC Global Ltd.                                                                     | CUSIP: 872882AE5<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    362000 | PA      | $326591.22    | 0.04%             | 2025-09-28      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                               | Toronto-Dominion Bank                                                                | CUSIP: 89115A2M3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    479000 | PA      | $488076.37    | 0.07%             | 2028-01-10      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                     | Danske Bank AS                                                                       | CUSIP: 23636AAV3<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    593000 | PA      | $563665.99    | 0.08%             | 2025-12-20      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| NEXUS Buyer LLC                                     | NEXUS Buyer LLC                                                                      | CUSIP: 65343UAC6<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    266069 | PA      | $260699.63    | 0.04%             | 2026-11-09      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                          | Air Canada                                                                           | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    185000 | PA      | $171113.44    | 0.02%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SOUTH32 TREASURY LTD                                | South32 Treasury Ltd.                                                                | CUSIP: 84055BAA1<br>LEI: 213800HFGZMXST64GP53 | Long             | DBT              | CORP              | AU        |    381000 | PA      | $342829.71    | 0.05%             | 2032-04-14      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                        | MPH Acquisition Holdings LLC                                                         | CUSIP: 55328HAK7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |    338287 | PA      | $302978.44    | 0.04%             | 2028-09-01      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Osmose Utilities Services, Inc.                     | Osmose Utilities Services, Inc.                                                      | CUSIP: 68835HAH3<br>LEI: 549300FSLVHLFZ3S0D82 | Long             | LON              | CORP              | US        |    195609 | PA      | $187931.65    | 0.03%             | 2028-06-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                              | Harvest Midstream I LP                                                               | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    354000 | PA      | $348431.58    | 0.05%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                            | Korn Ferry                                                                           | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |    170000 | PA      | $159800.00    | 0.02%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CCC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $24580156.12  | 3.39%             | 2024-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| PRA Health Sciences, Inc.                           | PRA Health Sciences, Inc.                                                            | CUSIP: 000000000<br>LEI: 549300R1HR1VWWHIAK47 | Long             | LON              | CORP              | US        |     41158 | PA      | $41140.79     | 0.01%             | 2028-07-03      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                             | National Australia Bank Ltd.                                                         | CUSIP: 632525BC4<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    329000 | PA      | $341126.19    | 0.05%             | 2033-01-12      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr   | GM Financial Consumer Automobile Receivables Trust                                   | CUSIP: 38013JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250319.38    | 0.03%             | 2026-03-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                            | Caterpillar Financial Services Corp.                                                 | CUSIP: 14913R3A3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    550000 | PA      | $535620.32    | 0.07%             | 2027-08-12      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Reynolds Group Holdings Inc.                        | Reynolds Group Holdings, Inc.                                                        | CUSIP: 76173FAY3<br>LEI: 5493002QNV81KCX40V06 | Long             | LON              | CORP              | US        |    309409 | PA      | $307958.77    | 0.04%             | 2028-09-24      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| CQP Holdco LP                                       | CQP Holdco LP                                                                        | CUSIP: 12657QAB9<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |    368180 | PA      | $368377.66    | 0.05%             | 2028-06-05      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                            | Sumitomo Mitsui Trust Bank Ltd.                                                      | CUSIP: 86563VAU3<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    399000 | PA      | $379894.47    | 0.05%             | 2024-03-25      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                 | Altice Financing SA                                                                  | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    455000 | PA      | $386340.50    | 0.05%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sotheby's                                           | Sotheby's                                                                            | CUSIP: 08883CAE8<br>LEI: 549300P5BAAMQQ7VL735 | Long             | LON              | CORP              | US        |    428737 | PA      | $426593.30    | 0.06%             | 2027-01-15      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| Everi Holdings Inc.                                 | Everi Holdings, Inc.                                                                 | CUSIP: 30034UAC4<br>LEI: 5299006DK5S7BG10K532 | Long             | LON              | CORP              | US        |    214083 | PA      | $213518.14    | 0.03%             | 2028-08-03      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| CDK GLOBAL, INC.                                    | CDK Global, Inc.                                                                     | CUSIP: 15477BAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    427809 | PA      | $426594.07    | 0.06%             | 2029-07-06      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| PLAYA RESORTS HOLDING B.V.                          | Playa Resorts Holding BV                                                             | CUSIP: 72812NAJ5<br>LEI: 5493005SPBUMPZZCIZ96 | Long             | LON              | CORP              | NL        |    241432 | PA      | $239578.54    | 0.03%             | 2029-01-05      | Variable      | 8.73%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                              | GFL Environmental, Inc.                                                              | CUSIP: 000000000<br>LEI: 549300FYK4MBXWIVZU26 | Long             | LON              | CORP              | CA        |    234050 | PA      | $234440.10    | 0.03%             | 2025-05-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                                | Entegris Escrow Corp.                                                                | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $244884.15    | 0.03%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                       | Nordstrom, Inc.                                                                      | CUSIP: 655664AX8<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     95000 | PA      | $90166.40     | 0.01%             | 2024-04-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                             | Quikrete Holdings, Inc.                                                              | CUSIP: 74839XAG4<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    112621 | PA      | $112111.15    | 0.02%             | 2029-03-18      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                             | International Bank for Reconstruction & Development                                  | CUSIP: 45905U6L3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    329000 | PA      | $320949.37    | 0.04%             | 2025-11-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                 | Bank of Nova Scotia                                                                  | CUSIP: 06417XAG6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    149000 | PA      | $134082.96    | 0.02%             | 2037-05-04      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                 | Southern California Edison Co.                                                       | CUSIP: 842400HB2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    545000 | PA      | $520474.17    | 0.07%             | 2024-04-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| NCR Corporation                                     | NCR Corp.                                                                            | CUSIP: 62886VAP5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | LON              | CORP              | US        |    170778 | PA      | $169816.96    | 0.02%             | 2026-08-28      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                            | Warnermedia Holdings, Inc.                                                           | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    300000 | PA      | $254960.86    | 0.04%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                               | Nabors Industries, Inc.                                                              | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    188000 | PA      | $187650.32    | 0.03%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment, LLC                         | Fertitta Entertainment LLC                                                           | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |    231642 | PA      | $228572.57    | 0.03%             | 2029-01-27      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| Motion Finco Sarl                                   | Motion Finco Sarl                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    183317 | PA      | $180567.24    | 0.02%             | 2026-11-12      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                      | Amazon.com, Inc.                                                                     | CUSIP: 023135AZ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    989000 | PA      | $962775.50    | 0.13%             | 2024-08-22      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Stars Group Holdings B.V. (The)                     | Stars Group Holdings BV                                                              | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |     94658 | PA      | $94788.39     | 0.01%             | 2028-07-22      | Variable      | 8.09%                 | No            |                  2 | On Loan: No      |
| Oryx Midstream Services Permian Basin LLC           | Oryx Midstream Services Permian Basin LLC                                            | CUSIP: 68764JAB7<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |    238400 | PA      | $237505.73    | 0.03%             | 2028-10-05      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                      | S&P Global, Inc.                                                                     | CUSIP: 78409VBB9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    429000 | PA      | $387970.15    | 0.05%             | 2029-03-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| RKPF Overseas 2019 A Ltd                            | RKPF Overseas 2019 A Ltd.                                                            | CUSIP: 000000000<br>LEI: 254900P8BXRCW5458103 | Long             | DBT              | CORP              | VG        |   1894000 | PA      | $1894000.00   | 0.26%             | 2023-02-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| LABL INC                                            | LABL, Inc.                                                                           | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    222000 | PA      | $200149.65    | 0.03%             | 2028-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Storable, Inc                                       | Storable, Inc.                                                                       | CUSIP: 86210LAC2<br>LEI: 2549000AWFN27KOH3F59 | Long             | LON              | CORP              | US        |    153745 | PA      | $149786.11    | 0.02%             | 2028-04-17      | Variable      | 8.29%                 | No            |                  2 | On Loan: No      |
| NFP CORP                                            | NFP Corp.                                                                            | CUSIP: 65342RAE0<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |     69000 | PA      | $60218.37     | 0.01%             | 2028-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Berlin Packaging LLC                                | Berlin Packaging LLC                                                                 | CUSIP: 08511LAU2<br>LEI: 549300L1HNHO6QOXHH42 | Long             | LON              | CORP              | US        |    104003 | PA      | $100948.20    | 0.01%             | 2028-03-11      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                       | Peraton Corp.                                                                        | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    400878 | PA      | $397943.37    | 0.05%             | 2028-02-01      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                       | Carnival Corp.                                                                       | CUSIP: 143658BS0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    320000 | PA      | $308000.00    | 0.04%             | 2030-06-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                     | Sealed Air Corp.                                                                     | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    128000 | PA      | $121303.04    | 0.02%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                              | GE HealthCare Technologies, Inc.                                                     | CUSIP: 36267VAE3<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    375000 | PA      | $387737.87    | 0.05%             | 2027-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ViaSat, Inc.                                        | ViaSat, Inc.                                                                         | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |    414766 | PA      | $412691.69    | 0.06%             | 2029-03-02      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| WP CPP Holdings, LLC                                | WP CPP Holdings LLC                                                                  | CUSIP: 92937JAM5<br>LEI: 549300HT8KGOLU7VM426 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2025-04-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brookfield WEC Holdings Inc.                        | Brookfield WEC Holdings, Inc.                                                        | CUSIP: 11284EAP8<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |     59251 | PA      | $59192.93     | 0.01%             | 2025-08-01      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| Natgasoline LLC                                     | Natgasoline LLC                                                                      | CUSIP: 63232EAB3<br>LEI: 549300OHXDYMQYZOWC24 | Long             | LON              | CORP              | US        |    284361 | PA      | $280984.12    | 0.04%             | 2025-11-14      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK OF KOREA                            | Industrial Bank of Korea                                                             | CUSIP: 45604GAH2<br>LEI: 988400RBIWE3YA18PK12 | Long             | DBT              | NUSS              | KR        |   1206000 | PA      | $1096540.86   | 0.15%             | 2025-06-22      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| Telesat Canada                                      | Telesat Canada                                                                       | CUSIP: 87951YAU5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    419666 | PA      | $191157.86    | 0.03%             | 2026-12-07      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                            | EnLink Midstream Partners LP                                                         | CUSIP: 29336UAH0<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1176000.00   | 0.16%             | 2023-03-03      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS                               | Bread Financial Holdings, Inc.                                                       | CUSIP: 018581AK4<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    245000 | PA      | $222337.50    | 0.03%             | 2024-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                     | Gen Digital, Inc.                                                                    | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     79000 | PA      | $80027.00     | 0.01%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                        | State Street Navigator Securities Lending Government Money Market Portfolio          | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   4403932 | NS      | $4403932.50   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| EARTHSTONE ENERGY HOL                               | Earthstone Energy Holdings LLC                                                       | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |    226000 | PA      | $220350.00    | 0.03%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                   | NatWest Group PLC                                                                    | CUSIP: 780097BQ3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1875000 | PA      | $1790625.00   | 0.25%             | 2025-12-29      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BWAY Holding Company                                | BWAY Holding Co.                                                                     | CUSIP: 05604XAP1<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |    307906 | PA      | $305541.36    | 0.04%             | 2024-04-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Ameriforge Group Inc.                               | Ameriforge Group, Inc.                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2679 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cardinal Health Inc                                 | Cardinal Health, Inc.                                                                | CUSIP: 14149YAW8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175477.73    | 0.02%             | 2043-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                | Country Garden Holdings Co. Ltd.                                                     | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $333982.61    | 0.05%             | 2024-04-08      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| C&S GROUP ENTERPRISES LL                            | C&S Group Enterprises LLC                                                            | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    476000 | PA      | $366529.52    | 0.05%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                            | Penske Truck Leasing Co. LP/PTL Finance Corp.                                        | CUSIP: 709599BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $204719.52    | 0.03%             | 2028-02-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CEK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14608007.85  | 2.01%             | 2024-04-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                      | Halliburton Co.                                                                      | CUSIP: 406216BE0<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137787.35    | 0.02%             | 2043-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| William Morris Endeavor Entertainment, LLC          | William Morris Endeavor Entertainment LLC                                            | CUSIP: 96925HAF9<br>LEI: 5493008R7J9HEQ30DZ33 | Long             | LON              | CORP              | US        |    528444 | PA      | $524260.65    | 0.07%             | 2025-05-18      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| GVC Holdings (Gibraltar) Limited                    | GVC Holdings Ltd.                                                                    | CUSIP: 36270BAB8<br>LEI: 213800ATWJIEYQ8NF838 | Long             | LON              | CORP              | GI        |    173220 | PA      | $173436.84    | 0.02%             | 2029-10-31      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                    | Hewlett Packard Enterprise Co.                                                       | CUSIP: 42824CBK4<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    400000 | PA      | $364312.02    | 0.05%             | 2026-04-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group Inc.                      | Sinclair Television Group, Inc.                                                      | CUSIP: 82925BAG0<br>LEI: 549300CQGEN0CH65UD62 | Long             | LON              | CORP              | US        |    248750 | PA      | $243930.47    | 0.03%             | 2029-04-21      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| KKR Apple Bidco, LLC                                | KKR Apple Bidco LLC                                                                  | CUSIP: 48254EAB7<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |    195105 | PA      | $194250.97    | 0.03%             | 2028-09-23      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                              | Yara International ASA                                                               | CUSIP: 984851AH8<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |    150000 | PA      | $164741.48    | 0.02%             | 2032-11-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Connect Finco Sarl                                  | Connect Finco Sarl                                                                   | CUSIP: 000000000<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | LU        |    367349 | PA      | $363905.50    | 0.05%             | 2026-12-11      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                        | UBS Group AG                                                                         | CUSIP: 902613AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    275000 | PA      | $269927.32    | 0.04%             | 2028-05-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                 | NCL Corp. Ltd.                                                                       | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    160000 | PA      | $139524.80    | 0.02%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp                                    | IRB Holding Corp.                                                                    | CUSIP: 44988LAF4<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |    232086 | PA      | $231432.97    | 0.03%             | 2025-02-05      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                             | John Deere Capital Corp.                                                             | CUSIP: 24422EVQ9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    783000 | PA      | $739836.33    | 0.10%             | 2024-06-07      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                            | Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.                      | CUSIP: 89668QAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    264000 | PA      | $190186.91    | 0.03%             | 2029-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                         | Asurion LLC                                                                          | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    157588 | PA      | $148788.92    | 0.02%             | 2028-08-19      | Variable      | 8.68%                 | No            |                  2 | On Loan: No      |
| AERCAP GLOBAL AVIATION T                            | AerCap Global Aviation Trust                                                         | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |    330000 | PA      | $322683.90    | 0.04%             | 2045-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                 | Medline Borrower LP                                                                  | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    205000 | PA      | $174875.25    | 0.02%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                  | Athene Holding Ltd.                                                                  | CUSIP: 04686JAB7<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |   1852000 | PA      | $1906856.22   | 0.26%             | 2030-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                       | Carnival Corp.                                                                       | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    120000 | PA      | $94800.00     | 0.01%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                            | EQM Midstream Partners LP                                                            | CUSIP: 26885BAN0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    213000 | PA      | $212895.63    | 0.03%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                               | Nabors Industries Ltd.                                                               | CUSIP: 629571AA8<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    195000 | PA      | $188424.60    | 0.03%             | 2026-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Corp.                   | Mavis Tire Express Services Corp.                                                    | CUSIP: 57777YAB2<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    294775 | PA      | $288216.09    | 0.04%             | 2028-05-04      | Variable      | 8.63%                 | No            |                  2 | On Loan: No      |
| LABL, Inc.                                          | LABL, Inc.                                                                           | CUSIP: 50168EAN2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |    281196 | PA      | $273199.83    | 0.04%             | 2028-10-29      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Coty Inc.                                           | Coty, Inc.                                                                           | CUSIP: 22207EBG8<br>LEI: 549300BO9IWPF3S48F93 | Long             | LON              | CORP              | US        |    339548 | PA      | $338274.34    | 0.05%             | 2025-04-07      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Eagle Broadband Investments LLC                     | Eagle Broadband Investments LLC                                                      | CUSIP: 26943PAB5<br>LEI: 254900W09ZHD1OM4I757 | Long             | LON              | CORP              | US        |    233863 | PA      | $231115.58    | 0.03%             | 2027-11-12      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                             | Bristol-Myers Squibb Co.                                                             | CUSIP: 110122DN5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    320000 | PA      | $289745.22    | 0.04%             | 2025-11-13      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                          | Intel Corp.                                                                          | CUSIP: 458140BP4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    677000 | PA      | $660830.26    | 0.09%             | 2025-03-25      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                    | CSC Holdings LLC                                                                     | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    705000 | PA      | $445912.50    | 0.06%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                              | HAT Holdings I LLC/HAT Holdings II LLC                                               | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |    325000 | PA      | $288437.50    | 0.04%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Corel Corporation                                   | Corel Corp.                                                                          | CUSIP: 21871LAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    409208 | PA      | $381330.24    | 0.05%             | 2026-07-02      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 44, Ltd.                | Octagon Investment Partners 44 Ltd.                                                  | CUSIP: 67577LAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2913099.00   | 0.40%             | 2034-10-15      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Hornblower Sub, LLC                                 | Hornblower Sub LLC                                                                   | CUSIP: 44055EAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    378651 | PA      | $248332.08    | 0.03%             | 2025-04-27      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Brookfield WEC Holdings Inc.                        | Brookfield WEC Holdings, Inc.                                                        | CUSIP: 11284EAM5<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    308119 | PA      | $307580.11    | 0.04%             | 2025-08-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corporation                         | Epicor Software Corp.                                                                | CUSIP: 29426NAQ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |     59907 | PA      | $59660.50     | 0.01%             | 2028-07-31      | Floating      | 12.32%                | No            |                  2 | On Loan: No      |
| Rentpath, Inc.                                      | Rentpath, Inc.                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    594723 | PA      | $0.01         | 0.00%             | 2028-05-03      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| TRITON CONTAINER                                    | Triton Container International Ltd.                                                  | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    400000 | PA      | $320792.02    | 0.04%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VM Consolidated, Inc.                               | VM Consolidated, Inc.                                                                | CUSIP: 00215NAK6<br>LEI: 549300GCTGJLEBXJUK89 | Long             | LON              | CORP              | US        |    361129 | PA      | $361128.62    | 0.05%             | 2028-03-24      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                               | Wells Fargo & Co.                                                                    | CUSIP: 94974BGL8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394438.32    | 0.05%             | 2027-07-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                         | BNP Paribas SA                                                                       | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $167060.00    | 0.02%             | 2032-04-19      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                         | McAfee Corp.                                                                         | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    400000 | PA      | $333545.77    | 0.05%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                              | Mitsubishi UFJ Financial Group, Inc.                                                 | CUSIP: 606822BN3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    467000 | PA      | $441524.75    | 0.06%             | 2025-02-25      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                  | Alliant Holdings Intermediate LLC                                                    | CUSIP: 01881UAJ4<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    147071 | PA      | $146729.39    | 0.02%             | 2027-11-06      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| Polar US Borrower, LLC                              | Polar U.S. Borrower LLC                                                              | CUSIP: 80643UAB4<br>LEI: 549300VWTN2NKZWJ5F70 | Long             | LON              | CORP              | US        |    198089 | PA      | $162433.08    | 0.02%             | 2025-10-15      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                    | ITT Holdings LLC                                                                     | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |    450000 | PA      | $390402.95    | 0.05%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Advisor Group, Inc.                                 | Advisor Group, Inc.                                                                  | CUSIP: 00775KAE8<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |    269604 | PA      | $267507.46    | 0.04%             | 2026-07-31      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| Barracuda Networks, Inc.                            | Barracuda Networks, Inc.                                                             | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |    339494 | PA      | $328036.50    | 0.05%             | 2029-08-15      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| Helios Software Holdings, Inc.                      | Helios Software Holdings, Inc.                                                       | CUSIP: 42328DAF5<br>LEI: 2138002XO5EAYFHPPT53 | Long             | LON              | CORP              | US        |    319638 | PA      | $314923.48    | 0.04%             | 2028-03-11      | Variable      | 8.48%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                    | Paramount Global                                                                     | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    242000 | PA      | $210532.74    | 0.03%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                      | Morgan Stanley                                                                       | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     49000 | PA      | $47401.79     | 0.01%             | 2037-04-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                         | Viatris, Inc.                                                                        | CUSIP: 92556VAB2<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    404000 | PA      | $371137.41    | 0.05%             | 2025-06-22      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                       | Univision Communications, Inc.                                                       | CUSIP: 914908BB3<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |     84832 | PA      | $83559.77     | 0.01%             | 2029-01-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                         | Asurion LLC                                                                          | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    225548 | PA      | $188191.64    | 0.03%             | 2029-01-20      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| Navicure, Inc.                                      | Navicure, Inc.                                                                       | CUSIP: 63939WAG8<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |    346764 | PA      | $343946.69    | 0.05%             | 2026-10-22      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Invesco CLO LTD                                     | Invesco CLO Ltd.                                                                     | CUSIP: 46146VAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $996481.00    | 0.14%             | 2035-10-22      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                      | Mastercard, Inc.                                                                     | CUSIP: 57636QAN4<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    302000 | PA      | $286891.88    | 0.04%             | 2025-03-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                    | LPL Holdings, Inc.                                                                   | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    209000 | PA      | $186469.69    | 0.03%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                  | Sonoco Products Co.                                                                  | CUSIP: 835495AM4<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    980000 | PA      | $917861.44    | 0.13%             | 2025-02-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                            | Minerals Technologies, Inc.                                                          | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    188000 | PA      | $171926.00    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                    | Symphony CLO Ltd.                                                                    | CUSIP: 87168RAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   4700000 | PA      | $4686229.00   | 0.65%             | 2035-10-24      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| McAfee, LLC                                         | McAfee LLC                                                                           | CUSIP: 57906HAD9<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    589523 | PA      | $551204.11    | 0.08%             | 2029-03-01      | Variable      | 8.42%                 | No            |                  2 | On Loan: No      |
| Gates Global LLC                                    | Gates Global LLC                                                                     | CUSIP: 36740UAT9<br>LEI: 549300XI79MQJV13DW27 | Long             | LON              | CORP              | US        |    133658 | PA      | $133219.38    | 0.02%             | 2027-03-31      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                            | Warnermedia Holdings, Inc.                                                           | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    103000 | PA      | $91301.40     | 0.01%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                               | American Airlines, Inc.                                                              | CUSIP: 023771S58<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    460000 | PA      | $512162.51    | 0.07%             | 2025-07-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                              | Mizuho Financial Group, Inc.                                                         | CUSIP: 60687YAZ2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    655000 | PA      | $623966.15    | 0.09%             | 2025-09-13      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                            | Ford Motor Credit Co. LLC                                                            | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    350000 | PA      | $333803.19    | 0.05%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Packaging Coordinators Midco, Inc.                  | Packaging Coordinators Midco, Inc.                                                   | CUSIP: 69515EAH5<br>LEI: 549300SL20D7D39KSB12 | Long             | LON              | CORP              | US        |    315265 | PA      | $308903.59    | 0.04%             | 2027-11-30      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                            | EQT Corp.                                                                            | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    415000 | PA      | $362693.40    | 0.05%             | 2031-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| MAUSER PACKAGING SOLUT                              | Mauser Packaging Solutions Holding Co.                                               | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    126000 | PA      | $127102.50    | 0.02%             | 2026-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp.                          | Gainwell Acquisition Corp.                                                           | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    430101 | PA      | $419482.85    | 0.06%             | 2027-10-01      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Medallion Midland Acquisition, LLC                  | Medallion Midland Acquisition LLC                                                    | CUSIP: 58404BAD7<br>LEI: 549300QCYU94ZA2ELG48 | Long             | LON              | CORP              | US        |    209984 | PA      | $209721.02    | 0.03%             | 2028-10-18      | Variable      | 8.59%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                | Chart Industries, Inc.                                                               | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18782.82     | 0.00%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Hertz Corporation, (The)                            | Hertz Corp.                                                                          | CUSIP: 42804VBB6<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |    196193 | PA      | $195089.09    | 0.03%             | 2028-06-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                            | Asian Infrastructure Investment Bank                                                 | CUSIP: 04522KAE6<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |    396000 | PA      | $369079.12    | 0.05%             | 2024-10-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: —       |
| Icebox Holdco III, Inc.                             | Icebox Holdco III, Inc.                                                              | CUSIP: 45114NAB3<br>LEI: 254900DLB65AKI8CQ466 | Long             | LON              | CORP              | US        |    214597 | PA      | $206191.50    | 0.03%             | 2028-12-22      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                 | LBM Acquisition LLC                                                                  | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    325000 | PA      | $244419.50    | 0.03%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                 | Nestle Holdings, Inc.                                                                | CUSIP: 641062AE4<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |    352000 | PA      | $344524.08    | 0.05%             | 2025-09-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Verscend Holding Corp.                              | Verscend Holding Corp.                                                               | CUSIP: 92531HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    422854 | PA      | $421494.49    | 0.06%             | 2025-08-27      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                | Bank of America Corp.                                                                | CUSIP: 06051GHW2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    652000 | PA      | $623080.11    | 0.09%             | 2025-10-22      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                            | Service Properties Trust                                                             | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    267000 | PA      | $194032.91    | 0.03%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                              | UnitedHealth Group, Inc.                                                             | CUSIP: 91324PCP5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    707000 | PA      | $696664.62    | 0.10%             | 2025-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 21-1 A PPT                              | British Airways Pass-Through Trust                                                   | CUSIP: 11042CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107258 | PA      | $88059.25     | 0.01%             | 2035-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Option Care Health, Inc.                            | Option Care Health, Inc.                                                             | CUSIP: 68404YAB0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | LON              | CORP              | US        |    159106 | PA      | $158986.26    | 0.02%             | 2028-10-27      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                            | Occidental Petroleum Corp.                                                           | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    214000 | PA      | $222182.23    | 0.03%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Organon & Co                                        | Organon & Co.                                                                        | CUSIP: 68621XAE3<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |    221755 | PA      | $221200.73    | 0.03%             | 2028-06-02      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CRP                            | California Resources Corp.                                                           | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |    325000 | PA      | $315835.00    | 0.04%             | 2026-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Nomad Foods Europe Midco Limited                    | Nomad Foods Europe Midco Ltd.                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84704 | PA      | $84915.54     | 0.01%             | 2029-11-12      | Variable      | 8.23%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                | Garda World Security Corp.                                                           | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $250410.00    | 0.03%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Travelport Finance (Luxembourg) S.a.r.l.            | Travelport Finance Sarl                                                              | CUSIP: 000000000<br>LEI: 2221005SGFWYZHL40F77 | Long             | LON              | CORP              | LU        |    688265 | PA      | $412958.73    | 0.06%             | 2026-05-29      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| Chase Issuance Trust                                | Chase Issuance Trust                                                                 | CUSIP: 161571HS6<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2966823.00   | 0.41%             | 2027-09-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| VM CONSOLIDATED INC                                 | VM Consolidated, Inc.                                                                | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |    266000 | PA      | $244997.50    | 0.03%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                | Country Garden Holdings Co. Ltd.                                                     | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |   2092000 | PA      | $1829875.22   | 0.25%             | 2024-01-27      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                   | Chord Energy Corp.                                                                   | CUSIP: 674215AL2<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    241000 | PA      | $237385.00    | 0.03%             | 2026-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Atrium CDO Corp                                     | Atrium XIII                                                                          | CUSIP: 04966HAA4<br>LEI: 549300BF3YFW8EHN6F75 | Long             | ABS-CBDO         | CORP              | KY        |   5985427 | PA      | $5954057.14   | 0.82%             | 2030-11-21      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC                                  | Crown Americas LLC                                                                   | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    337000 | PA      | $322250.07    | 0.04%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Ultimate Software Group Inc (The)                   | Ultimate Software Group, Inc.                                                        | CUSIP: 90385KAB7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    323183 | PA      | $318335.68    | 0.04%             | 2026-05-04      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Herschend Entertainment Company, LLC                | Herschend Entertainment Co. LLC                                                      | CUSIP: 42778EAF8<br>LEI: 54930087KQ7RPDXK0716 | Long             | LON              | CORP              | US        |    177064 | PA      | $176842.56    | 0.02%             | 2028-08-27      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                        | Calpine Corp.                                                                        | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    137000 | PA      | $114216.13    | 0.02%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                       | UniCredit SpA                                                                        | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   2000000 | PA      | $1972500.00   | 0.27%             | 2024-06-03      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ATI INC                                             | ATI, Inc.                                                                            | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    185000 | PA      | $169299.05    | 0.02%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                            | Connect Finco SARL/Connect U.S. Finco LLC                                            | CUSIP: 20752TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    409000 | PA      | $391106.25    | 0.05%             | 2026-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 912828X70<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24194336.00  | 3.33%             | 2024-04-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| P.F. Chang's China Bistro Inc.                      | Preferred Chang's China Bistro, Inc.                                                 | CUSIP: 69345YAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    322588 | PA      | $280046.58    | 0.04%             | 2026-03-01      | Floating      | 11.23%                | No            |                  2 | On Loan: No      |
| ICON Luxembourg S.A.R.L.                            | ICON Luxembourg Sarl                                                                 | CUSIP: 000000000<br>LEI: 635400PUWMHSPI2DDA35 | Long             | LON              | CORP              | LU        |    165193 | PA      | $165124.18    | 0.02%             | 2028-07-03      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                    | Bank of Montreal                                                                     | CUSIP: 06368FAE9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    415000 | PA      | $389665.15    | 0.05%             | 2025-01-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Kenan Advantage Group, Inc.                         | Kenan Advantage Group, Inc.                                                          | CUSIP: 48853UBE9<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |    327305 | PA      | $323162.24    | 0.04%             | 2026-03-24      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                            | Service Properties Trust                                                             | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    109000 | PA      | $90004.57     | 0.01%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                        | Voya CLO Ltd.                                                                        | CUSIP: 92917KAB0<br>LEI: 54930068MLVF3BECCK93 | Long             | ABS-CBDO         | CORP              | KY        |   5200000 | PA      | $5083202.80   | 0.70%             | 2031-10-15      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| American Express Co                                 | American Express Co.                                                                 | CUSIP: 025816CA5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    168000 | PA      | $166312.13    | 0.02%             | 2025-11-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Capital Four US CLO                                 | Capital Four U.S. CLO II Ltd.                                                        | CUSIP: 14016CAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1476022.50   | 0.20%             | 2030-10-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                 | Travel & Leisure Co.                                                                 | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    240000 | PA      | $235500.00    | 0.03%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Starfruit Finco B.V                                 | Starfruit Finco BV                                                                   | CUSIP: 000000000<br>LEI: 549300K7VB5G6LULFT41 | Long             | LON              | CORP              | US        |    201569 | PA      | $199469.05    | 0.03%             | 2025-10-01      | Variable      | 7.53%                 | No            |                  2 | On Loan: No      |
| American Express Co                                 | American Express Co.                                                                 | CUSIP: 025816CC1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196853.70    | 0.03%             | 2024-02-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TCW CLO 2019-1 AMR, LTD.                            | TCW CLO AMR Ltd.                                                                     | CUSIP: 87241EAW5<br>LEI: 549300RWQDI4UTTLDE63 | Long             | ABS-CBDO         | CORP              | KY        |   7900000 | PA      | $7559446.80   | 1.04%             | 2034-08-16      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 912828WJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24327148.50  | 3.35%             | 2024-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                            | Liberty Mutual Group, Inc.                                                           | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   2022000 | PA      | $1318250.04   | 0.18%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                             | EnerSys                                                                              | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    256000 | PA      | $235904.00    | 0.03%             | 2027-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                  | Ally Financial, Inc.                                                                 | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2302500.00   | 0.32%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                | Enel Finance International NV                                                        | CUSIP: 29278GAF5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $274173.25    | 0.04%             | 2028-04-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                            | Amcor Flexibles North America, Inc.                                                  | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    300000 | PA      | $253148.74    | 0.03%             | 2031-05-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Sophia, L.P.                                        | Sophia LP                                                                            | CUSIP: 83578BAP8<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |    438067 | PA      | $430674.43    | 0.06%             | 2027-10-07      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holdings Inc. | Element Materials Technology Group U.S. Holdings, Inc.                               | CUSIP: 000000000<br>LEI: 213800EGOJGGUKUGEZ30 | Long             | LON              | CORP              | US        |     87418 | PA      | $86242.89     | 0.01%             | 2029-07-06      | Variable      | 8.93%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                            | AT&T, Inc.                                                                           | CUSIP: 00206RGL0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    550000 | PA      | $539327.53    | 0.07%             | 2028-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PCI Gaming Authority                                | PCI Gaming Authority                                                                 | CUSIP: 70455DAG9<br>LEI: 549300KPXAJ1LRW5LP59 | Long             | LON              | CORP              | US        |    170118 | PA      | $169783.77    | 0.02%             | 2026-05-29      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                 | SVB Financial Group                                                                  | CUSIP: 78486QAG6<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |   1378000 | PA      | $1019582.20   | 0.14%             | 2031-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                       | Citigroup, Inc.                                                                      | CUSIP: 172967KA8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    275000 | PA      | $269365.76    | 0.04%             | 2027-09-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BK OF JAPAN                             | Development Bank of Japan, Inc.                                                      | CUSIP: 25159MBF3<br>LEI: 5493001HGBABMWFZUI25 | Long             | DBT              | NUSS              | JP        |    570000 | PA      | $539869.80    | 0.07%             | 2025-02-18      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                       | Carnival Corp.                                                                       | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    429000 | PA      | $356070.00    | 0.05%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                  | Enact Holdings, Inc.                                                                 | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    328000 | PA      | $323335.84    | 0.04%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKNG SOL HLDG COMP                         | Mauser Packaging Solutions Holding Co.                                               | CUSIP: 000000000<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |     12048 | PA      | $11867.47     | 0.00%             | 2026-08-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                 | United Airlines, Inc.                                                                | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    370000 | PA      | $337687.92    | 0.05%             | 2029-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Avis Budget Car Rental, LLC                         | Avis Budget Car Rental LLC                                                           | CUSIP: 05377JAS1<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | LON              | CORP              | US        |    164893 | PA      | $164377.63    | 0.02%             | 2029-03-16      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| COBRA ACQUISITIONCO LLC                             | Cobra AcquisitionCo LLC                                                              | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    410000 | PA      | $250100.00    | 0.03%             | 2029-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                              | General Motors Financial Co., Inc.                                                   | CUSIP: 37045XCX2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    238000 | PA      | $224466.70    | 0.03%             | 2025-06-20      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                   | Expedia Group, Inc.                                                                  | CUSIP: 30212PBH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $146834.10    | 0.02%             | 2031-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CURO GROUP HOLDINGS CORP                            | Curo Group Holdings Corp.                                                            | CUSIP: 23131LAC1<br>LEI: 54930007KH8KCGJ4YE72 | Long             | DBT              | CORP              | US        |    293000 | PA      | $134265.47    | 0.02%             | 2028-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                     | Sealed Air Corp.                                                                     | CUSIP: 000000000<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26227.50     | 0.00%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                            | Targa Resources Partners LP/Targa Resources Partners Finance Corp.                   | CUSIP: 87612BBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $255900.00    | 0.04%             | 2027-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bonds                                                                  | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19500000 | PA      | $18363515.63  | 2.53%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                              | Cushman & Wakefield U.S. Borrower LLC                                                | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    282000 | PA      | $272223.06    | 0.04%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HARSCO CORP                                         | Harsco Corp.                                                                         | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |    261000 | PA      | $220806.00    | 0.03%             | 2027-07-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                            | Virgin Media Bristol LLC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    167000 | PA      | $166910.49    | 0.02%             | 2029-01-31      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| American Axle and Manufacturing, Inc.               | American Axle & Manufacturing, Inc.                                                  | CUSIP: 02406MAU1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |     33020 | PA      | $32978.73     | 0.00%             | 2029-12-13      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                    | Garda World Security Corp.                                                           | CUSIP: 000000000<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    334191 | PA      | $332310.86    | 0.05%             | 2026-10-30      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                                | Smithfield Foods, Inc.                                                               | CUSIP: 832248BB3<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    121000 | PA      | $112842.56    | 0.02%             | 2029-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Sunshine Luxembourg VII SARL                        | Sunshine Luxembourg VII Sarl                                                         | CUSIP: 000000000<br>LEI: 254900CHQOBZNYV4DY60 | Long             | LON              | CORP              | LU        |    297350 | PA      | $291155.71    | 0.04%             | 2026-10-01      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                            | Weatherford International Ltd.                                                       | CUSIP: 947075AT4<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $199000.00    | 0.03%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                  | Energy Transfer LP                                                                   | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2346000 | PA      | $2200266.48   | 0.30%             | 2026-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Birkenstock GmbH & Co. KG                           | Birkenstock GmbH & Co. KG                                                            | CUSIP: 000000000<br>LEI: 5299000ZMFOERHT5OW39 | Long             | LON              | CORP              | US        |    336457 | PA      | $335300.05    | 0.05%             | 2028-04-28      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT CORP                          | Caesars Entertainment, Inc.                                                          | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     91967 | PA      | $91858.01     | 0.01%             | 2030-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                              | Diamondback Energy, Inc.                                                             | CUSIP: 25278XAQ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123697.21    | 0.02%             | 2051-03-24      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                 | Sirius XM Radio, Inc.                                                                | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    270000 | PA      | $240327.00    | 0.03%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3191000 | PA      | $2683057.61   | 0.37%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| PAYSAFE FIN PLC/PAYSAFE                             | Paysafe Finance PLC/Paysafe Holdings U.S. Corp.                                      | CUSIP: 70452AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    230000 | PA      | $182832.50    | 0.03%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| AVANGRID INC                                        | Avangrid, Inc.                                                                       | CUSIP: 05351WAC7<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |    443000 | PA      | $425795.78    | 0.06%             | 2025-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                             | American Airlines, Inc.                                                              | CUSIP: 02376CBJ3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |    280050 | PA      | $287401.58    | 0.04%             | 2028-04-20      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                  | Banco Santander SA                                                                   | CUSIP: 05971KAD1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $387459.91    | 0.05%             | 2024-06-27      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                 | Silgan Holdings, Inc.                                                                | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    315000 | PA      | $293715.45    | 0.04%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BRINKER INTERNATIONAL IN                            | Brinker International, Inc.                                                          | CUSIP: 109641AH3<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |    225000 | PA      | $220194.00    | 0.03%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bills                                                                  | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  25000000 | PA      | $24821800.75  | 3.42%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| APX Group, Inc.                                     | APX Group, Inc.                                                                      | CUSIP: 00213NAM4<br>LEI: 549300OMQVKPRU98OE64 | Long             | LON              | CORP              | US        |    196352 | PA      | $193553.84    | 0.03%             | 2028-07-10      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                            | Ford Motor Credit Co. LLC                                                            | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173775.78    | 0.02%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                | Carnival Corp.                                                                       | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |    201949 | PA      | $196900.51    | 0.03%             | 2028-10-18      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Patriot Container Corp.                             | Patriot Container Corp.                                                              | CUSIP: 40435YAB2<br>LEI: 549300V4U8NYJ3YQD526 | Long             | LON              | CORP              | US        |    400804 | PA      | $369407.93    | 0.05%             | 2025-03-20      | Variable      | 8.28%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                            | Charter Communications Operating LLC/Charter Communications Operating Capital        | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $140006.50    | 0.02%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                   | Hormel Foods Corp.                                                                   | CUSIP: 440452AG5<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |    234000 | PA      | $221839.68    | 0.03%             | 2024-06-03      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                   | DCert Buyer, Inc.                                                                    | CUSIP: 24022KAB5<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |    399938 | PA      | $394795.55    | 0.05%             | 2026-10-16      | Variable      | 8.70%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                             | Royal Caribbean Cruises Ltd.                                                         | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    355000 | PA      | $307962.50    | 0.04%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                                  | Enstar Finance LLC                                                                   | CUSIP: 29360AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1523710.00   | 0.21%             | 2040-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                | Cleveland-Cliffs, Inc.                                                               | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    213000 | PA      | $198643.76    | 0.03%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| Clydesdale Acquisition Holdings Inc                 | Clydesdale Acquisition Holdings, Inc.                                                | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    226423 | PA      | $222134.28    | 0.03%             | 2029-04-13      | Variable      | 8.84%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                   | CSC Holdings LLC                                                                     | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    483720 | PA      | $447743.70    | 0.06%             | 2027-04-15      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                            | Canadian Pacific Railway Co.                                                         | CUSIP: 13645RBD5<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    271000 | PA      | $254564.20    | 0.04%             | 2024-12-02      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                             | American Electric Power Co., Inc.                                                    | CUSIP: 025537AV3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260512.80    | 0.04%             | 2027-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                | Carnival Corp.                                                                       | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |    139566 | PA      | $137193.83    | 0.02%             | 2025-06-30      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| INTRADO CORPORATION                                 | Intrado Corp.                                                                        | CUSIP: 000000000<br>LEI: 5493005Z5DB0O5S30R71 | Long             | LON              | CORP              | US        |     32519 | PA      | $32275.50     | 0.00%             | 2030-01-31      | Variable      | 8.68%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                    | Societe Generale SA                                                                  | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    290000 | PA      | $311387.50    | 0.04%             | 2027-11-22      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                  | F&G Global Funding                                                                   | CUSIP: 30321L2B7<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    395000 | PA      | $365049.18    | 0.05%             | 2024-09-20      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| RKPF OVERSEAS 2019 A LTD                            | RKPF Overseas 2019 A Ltd.                                                            | CUSIP: 000000000<br>LEI: 254900P8BXRCW5458103 | Long             | DBT              | CORP              | VG        |   4331000 | PA      | $3987768.25   | 0.55%             | 2024-09-30      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| NEW METRO GLOBAL LTD                                | New Metro Global Ltd.                                                                | CUSIP: 000000000<br>LEI: 549300HJRNTCANEH0D47 | Long             | DBT              | CORP              | VG        |    850000 | PA      | $723503.00    | 0.10%             | 2024-12-15      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Varsity Brands, Inc.                                | Varsity Brands, Inc.                                                                 | CUSIP: 42703UAG0<br>LEI: 549300YOKDS0ZSYJRX81 | Long             | LON              | CORP              | US        |    433100 | PA      | $428768.91    | 0.06%             | 2024-12-15      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp                                 | CNT Holdings I Corp.                                                                 | CUSIP: 12656AAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    205369 | PA      | $197325.73    | 0.03%             | 2028-11-06      | Floating      | 11.38%                | No            |                  2 | On Loan: No      |
| STRATHCONA RESOURCES                                | Strathcona Resources Ltd.                                                            | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |    311000 | PA      | $265127.50    | 0.04%             | 2026-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Dave & Buster's, Inc.                               | Dave & Buster's, Inc.                                                                | CUSIP: 23833EAV6<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    293191 | PA      | $293373.95    | 0.04%             | 2029-06-29      | Variable      | 9.69%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                        | Enbridge, Inc.                                                                       | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1333000 | PA      | $1370329.15   | 0.19%             | 2083-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                            | MPH Acquisition Holdings LLC                                                         | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    281000 | PA      | $204871.48    | 0.03%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Rackspace Technology Global, Inc.                   | Rackspace Technology Global, Inc.                                                    | CUSIP: 75009XAB6<br>LEI: 549300QTYCKLMFSE8I97 | Long             | LON              | CORP              | US        |    184410 | PA      | $115871.06    | 0.02%             | 2028-02-15      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                            | Antero Midstream Partners LP/Antero Midstream Finance Corp.                          | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    237000 | PA      | $226631.25    | 0.03%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                            | Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc       | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    347000 | PA      | $300911.46    | 0.04%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY PART LP/FIN CO                            | NGL Energy Partners LP/NGL Energy Finance Corp.                                      | CUSIP: 62913TAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $146437.50    | 0.02%             | 2025-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| ENERGY TRANSFER LP                                  | Energy Transfer LP                                                                   | CUSIP: 292480AL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    275000 | PA      | $270921.47    | 0.04%             | 2028-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                      | Albemarle Corp.                                                                      | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148678.69    | 0.02%             | 2027-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC               | Prime Security Services Borrower LLC                                                 | CUSIP: 03765VAK6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    284155 | PA      | $283764.05    | 0.04%             | 2026-09-23      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Charter NEX US, Inc.                                | Charter NEX U.S., Inc.                                                               | CUSIP: 16125TAJ1<br>LEI: 549300KRNU8RNVGYXG75 | Long             | LON              | CORP              | US        |    257079 | PA      | $255793.76    | 0.04%             | 2027-12-01      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                 | Hilton Grand Vacations Borrower LLC                                                  | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |    303904 | PA      | $303840.44    | 0.04%             | 2028-08-02      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| RelaDyne Inc.                                       | RelaDyne, Inc.                                                                       | CUSIP: 00149HAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    158196 | PA      | $157206.85    | 0.02%             | 2028-12-22      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Athenahealth, Inc.                                  | Athenahealth, Inc.                                                                   | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    645560 | PA      | $610054.00    | 0.08%             | 2029-02-15      | Variable      | 8.01%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                               | RPM International, Inc.                                                              | CUSIP: 749685AX1<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |    525000 | PA      | $498936.96    | 0.07%             | 2029-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company, Inc.             | Petco Health & Wellness Co., Inc.                                                    | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |    298481 | PA      | $295123.11    | 0.04%             | 2028-03-03      | Variable      | 7.98%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare Services Inc.                        | CHG Healthcare Services, Inc.                                                        | CUSIP: 000000000<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |    190252 | PA      | $188824.79    | 0.03%             | 2028-09-29      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN                            | Brighthouse Financial, Inc.                                                          | CUSIP: 10922NAG8<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198567.27   | 0.17%             | 2030-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Motion Finco Sarl                                   | Motion Finco Sarl                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     22265 | PA      | $21931.18     | 0.00%             | 2026-11-12      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CCG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $23572265.50  | 3.25%             | 2024-06-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                 | Buckeye Partners LP                                                                  | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    261000 | PA      | $239389.20    | 0.03%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BankUnited Inc                                      | BankUnited, Inc.                                                                     | CUSIP: 06652KAA1<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | DBT              | CORP              | US        |    223000 | PA      | $220993.11    | 0.03%             | 2025-11-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                              | BP Capital Markets America, Inc.                                                     | CUSIP: 10373QBG4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    350000 | PA      | $253774.34    | 0.03%             | 2050-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                             | Crescent Energy Finance LLC                                                          | CUSIP: 45344LAA1<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    249000 | PA      | $239040.00    | 0.03%             | 2026-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                               | Civitas Resources, Inc.                                                              | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    179000 | PA      | $167576.22    | 0.02%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                             | Park River Holdings, Inc.                                                            | CUSIP: 70082LAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    247000 | PA      | $175370.00    | 0.02%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                       | Citigroup, Inc.                                                                      | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    800000 | PA      | $787925.40    | 0.11%             | 2033-05-24      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| FRANSHION BRILLIANT LTD                             | Franshion Brilliant Ltd.                                                             | CUSIP: 000000000<br>LEI: 549300E3ZP4GOU3D4G57 | Long             | DBT              | CORP              | VG        |    500000 | PA      | $449853.06    | 0.06%             | 2026-04-09      | Fixed         | 3.20%                 | Yes           |                  2 | On Loan: No      |
| Curium BidCo S.a r.l.                               | Curium BidCo Sarl                                                                    | CUSIP: 000000000<br>LEI: 213800P2VV9KG6N9L140 | Long             | LON              | CORP              | LU        |    271510 | PA      | $270831.20    | 0.04%             | 2027-12-02      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Hub International Limited                           | Hub International Ltd.                                                               | CUSIP: 44332EAV8<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |      6096 | PA      | $6089.97      | 0.00%             | 2029-11-10      | Variable      | 8.22%                 | No            |                  2 | On Loan: No      |
| Ultimate Software Group Inc (The)                   | Ultimate Software Group, Inc.                                                        | CUSIP: 000000000<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |     63678 | PA      | $60772.31     | 0.01%             | 2027-05-03      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                       | Univision Communications, Inc.                                                       | CUSIP: 914908BC1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    292974 | PA      | $289677.75    | 0.04%             | 2026-03-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                  | Honda Auto Receivables Owner Trust                                                   | CUSIP: 43815PAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $393503.52    | 0.05%             | 2028-12-18      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| CPC Acquisition Corp                                | CPC Acquisition Corp.                                                                | CUSIP: 44931VAH6<br>LEI: 254900UFA4AMH3PZZW32 | Long             | LON              | CORP              | US        |     66316 | PA      | $39955.26     | 0.01%             | 2028-12-29      | Floating      | 12.48%                | No            |                  2 | On Loan: No      |
| Apidos CLO                                          | Apidos CLO XVIII                                                                     | CUSIP: 03767NAE6<br>LEI: 549300LPFPUEJZX23R93 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2945010.00   | 0.41%             | 2030-10-22      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Diamond (BC) B.V.                                   | Diamond BV                                                                           | CUSIP: 000000000<br>LEI: 549300SWLHWJF3D4N658 | Long             | LON              | CORP              | NL        |    272380 | PA      | $268974.86    | 0.04%             | 2028-09-29      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Circor International, Inc.                          | Circor International, Inc.                                                           | CUSIP: 000000000<br>LEI: 5493007701O01N3FQM69 | Long             | LON              | CORP              | US        |    150105 | PA      | $148228.46    | 0.02%             | 2028-12-20      | Floating      | 10.07%                | No            |                  2 | On Loan: No      |
| Apache Corp                                         | Apache Corp.                                                                         | CUSIP: 037411BE4<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    249000 | PA      | $230442.09    | 0.03%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Citco Group Limited (The)                           | Citco Group Ltd.                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     79741 | PA      | $79740.59     | 0.01%             | 2028-04-19      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                       | Univision Communications, Inc.                                                       | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |     85068 | PA      | $84253.18     | 0.01%             | 2029-06-24      | Variable      | 8.83%                 | No            |                  2 | On Loan: No      |
| HighTower Holdings LLC                              | HighTower Holdings LLC                                                               | CUSIP: 43117LAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    291216 | PA      | $283935.87    | 0.04%             | 2028-04-21      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                | Bank of America Corp.                                                                | CUSIP: 06051GKL2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     44000 | PA      | $38244.38     | 0.01%             | 2037-03-08      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bonds                                                                  | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $12936875.00  | 1.78%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc          | Apollo Commercial Real Estate Finance, Inc.                                          | CUSIP: 03768DAC1<br>LEI: 549300E0AN7M2AQHSY29 | Long             | LON              | CORP              | US        |    282472 | PA      | $268348.69    | 0.04%             | 2028-03-11      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CPC Acquisition Corp                                | CPC Acquisition Corp.                                                                | CUSIP: 12656UAB1<br>LEI: 254900UFA4AMH3PZZW32 | Long             | LON              | CORP              | US        |    185732 | PA      | $151371.78    | 0.02%             | 2027-12-29      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| Brink's Co/The                                      | Brink's Co.                                                                          | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    255000 | PA      | $237911.74    | 0.03%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                            | Archrock Partners LP/Archrock Partners Finance Corp.                                 | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    297000 | PA      | $291060.00    | 0.04%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BLOCK COMMUNICATIONS INC                            | Block Communications, Inc.                                                           | CUSIP: 093645AJ8<br>LEI: M5G68A9OHJWIL4SFC742 | Long             | DBT              | CORP              | US        |    364000 | PA      | $320320.00    | 0.04%             | 2028-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                | Rackspace Technology Global, Inc.                                                    | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |    210000 | PA      | $127239.00    | 0.02%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                  | BMW U.S. Capital LLC                                                                 | CUSIP: 05565EBK0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    534000 | PA      | $525908.27    | 0.07%             | 2025-04-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust        | American Express Credit Account Master Trust                                         | CUSIP: 02582JJV3<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   3200000 | PA      | $3148254.08   | 0.43%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                               | United Airlines, Inc.                                                                | CUSIP: 90932RAJ3<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |    310538 | PA      | $309691.23    | 0.04%             | 2028-04-21      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust             | Capital One Multi-Asset Execution Trust                                              | CUSIP: 14041NFX4<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2592799.20   | 0.36%             | 2030-07-15      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited                    | Bain Capital Credit CLO Ltd.                                                         | CUSIP: 05682QAQ9<br>LEI: 549300GUKNMHLHIJO049 | Long             | ABS-CBDO         | CORP              | KY        |   2722883 | PA      | $2702455.55   | 0.37%             | 2030-07-20      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| APOLLO CMMRL REAL EST FI                            | Apollo Commercial Real Estate Finance, Inc.                                          | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              |  | US        |    285000 | PA      | $233768.88    | 0.03%             | 2029-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                             | CarMax Auto Owner Trust                                                              | CUSIP: 14318DAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $199940.42    | 0.03%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co., Inc.                       | Dynasty Acquisition Co., Inc.                                                        | CUSIP: 26812CAE6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    219055 | PA      | $214674.36    | 0.03%             | 2026-04-06      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                               | Athene Global Funding                                                                | CUSIP: 04685A3D1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    332000 | PA      | $289591.84    | 0.04%             | 2026-10-02      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                                         | Columbia Cent CLO 31 Ltd.                                                            | CUSIP: 19737LAJ2<br>LEI: 5493007YZPNOMQEILE23 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9539280.00   | 1.31%             | 2034-04-20      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                             | Procter & Gamble Co.                                                                 | CUSIP: 742718FZ7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    161000 | PA      | $160489.97    | 0.02%             | 2028-01-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                            | Toyota Motor Credit Corp.                                                            | CUSIP: 89236TKL8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    275000 | PA      | $286423.56    | 0.04%             | 2027-11-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                 | Travel & Leisure Co.                                                                 | CUSIP: 98309GAD8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | LON              | CORP              | US        |     73333 | PA      | $73241.66     | 0.01%             | 2029-12-14      | Variable      | 8.61%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                            | National Rural Utilities Cooperative Finance Corp.                                   | CUSIP: 63743HFC1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    166000 | PA      | $157044.19    | 0.02%             | 2025-02-07      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                        | Chevron Corp.                                                                        | CUSIP: 166764BW9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $183453.04    | 0.03%             | 2025-05-11      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Service Logic Acquisition, Inc                      | Service Logic Acquisition, Inc.                                                      | CUSIP: 81759AAC4<br>LEI: 25490008CFAWEVHSQF88 | Long             | LON              | CORP              | US        |    244045 | PA      | $237334.16    | 0.03%             | 2027-10-29      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                 | Georgia-Pacific LLC                                                                  | CUSIP: 37331NAN1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    450000 | PA      | $400340.57    | 0.06%             | 2026-05-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                             | GSK Consumer Healthcare Capital U.K. PLC                                             | CUSIP: 36264NAB0<br>LEI: 5493004B26DRJNN0OV17 | Long             | DBT              | CORP              | GB        |    258000 | PA      | $248049.09    | 0.03%             | 2025-03-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CUSTOMERS BANCORP INC                               | Customers Bancorp, Inc.                                                              | CUSIP: 23204G803<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EP               | CORP              | US        |     79110 | NS      | $1772064.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                                | Bank of America Corp.                                                                | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    635000 | PA      | $611987.17    | 0.08%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                          | Air Canada                                                                           | CUSIP: 000000000<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | LON              | CORP              | CA        |    220582 | PA      | $220360.94    | 0.03%             | 2028-08-11      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| PUG LLC                                             | PUG LLC                                                                              | CUSIP: 74530DAG0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    174118 | PA      | $146259.45    | 0.02%             | 2027-02-12      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Ingram Micro Inc.                                   | Ingram Micro, Inc.                                                                   | CUSIP: 45258FAB6<br>LEI: 549300KJMEWPKRQZHX63 | Long             | LON              | CORP              | US        |    152151 | PA      | $151390.07    | 0.02%             | 2028-06-30      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                          | APIDOS CLO XLI Ltd.                                                                  | CUSIP: 03770CAE5<br>LEI: 213800RGMG7DPJTR8V62 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $999412.00    | 0.14%             | 2034-10-20      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                | Bank of America Corp.                                                                | CUSIP: 06051GKM0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68647.20     | 0.01%             | 2026-04-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                   | DCert Buyer, Inc.                                                                    | CUSIP: 000000000<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |    101488 | PA      | $92658.64     | 0.01%             | 2029-02-19      | Floating      | 11.70%                | No            |                  2 | On Loan: No      |
| Specialty Building Products Holdings, LLC           | Specialty Building Products Holdings LLC                                             | CUSIP: 84748EAF7<br>LEI: 549300ICFD46O3KMJC06 | Long             | LON              | CORP              | US        |    233518 | PA      | $223074.38    | 0.03%             | 2028-10-15      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bills                                                                  | CUSIP: 912796YW3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    380000 | PA      | $375583.87    | 0.05%             | 2023-05-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                              | CCO Holdings LLC/CCO Holdings Capital Corp.                                          | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $501245.00    | 0.07%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                            | Omega Healthcare Investors, Inc.                                                     | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    325000 | PA      | $262342.99    | 0.04%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                     | CVS Health Corp.                                                                     | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286005.96    | 0.04%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Claros Mortgage Trust, Inc.                         | Claros Mortgage Trust, Inc.                                                          | CUSIP: 18269PAC6<br>LEI: 549300Z9LU2CZ3K30C16 | Long             | LON              | CORP              | US        |    328175 | PA      | $325714.16    | 0.04%             | 2026-08-09      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                               | Genesis Energy LP/Genesis Energy Finance Corp.                                       | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    262000 | PA      | $257364.21    | 0.04%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                 | NatWest Markets PLC                                                                  | CUSIP: 63906YAG3<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    333000 | PA      | $321318.49    | 0.04%             | 2025-03-22      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                             | AMC Entertainment Holdings, Inc.                                                     | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    260000 | PA      | $152100.00    | 0.02%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VS Buyer, LLC                                       | VS Buyer LLC                                                                         | CUSIP: 91834WAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    207845 | PA      | $206285.81    | 0.03%             | 2027-02-28      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| GATES GLOBAL LLC                                    | Gates Global LLC                                                                     | CUSIP: 36740UAX0<br>LEI: 549300XI79MQJV13DW27 | Long             | LON              | CORP              | US        |     26421 | PA      | $26421.13     | 0.00%             | 2029-11-16      | Variable      | 8.06%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                            | Berkshire Hathaway Energy Co.                                                        | CUSIP: 084659AM3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    275000 | PA      | $260638.79    | 0.04%             | 2028-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST                | Mercedes-Benz Auto Receivables Trust                                                 | CUSIP: 58769TAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2333874 | PA      | $2311153.18   | 0.32%             | 2026-01-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                              | Clearway Energy Operating LLC                                                        | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    245000 | PA      | $231084.00    | 0.03%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SITEL WORLDWIDE CORPORATION                         | SITEL Worldwide Corp.                                                                | CUSIP: 82981MAC6<br>LEI: 5493007DS8CM3ZGION43 | Long             | LON              | CORP              | US        |    329760 | PA      | $329415.92    | 0.05%             | 2028-08-28      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                 | Hudbay Minerals, Inc.                                                                | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |    340000 | PA      | $314913.67    | 0.04%             | 2029-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CIENA CORPORATION                                   | Ciena Corp.                                                                          | CUSIP: 17178HAN2<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | LON              | CORP              | US        |     27577 | PA      | $27542.96     | 0.00%             | 2030-01-18      | Variable      | 6.98%                 | No            |                  2 | On Loan: No      |
| MedAssets Software Intermediate Holdings, Inc.      | MedAssets Software Intermediate Holdings, Inc.                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    111064 | PA      | $71636.23     | 0.01%             | 2029-12-17      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| Belo Corp                                           | Belo Corp.                                                                           | CUSIP: 080555AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $713437.50    | 0.10%             | 2027-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                               | Waste Connections, Inc.                                                              | CUSIP: 941053AH3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    275000 | PA      | $269518.35    | 0.04%             | 2028-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                            | Service Properties Trust                                                             | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     96000 | PA      | $82994.87     | 0.01%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                    | Garda World Security Corp.                                                           | CUSIP: 000000000<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |     25000 | PA      | $24765.63     | 0.00%             | 2029-02-01      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                          | AbbVie, Inc.                                                                         | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $463319.28    | 0.06%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                              | CCO Holdings LLC/CCO Holdings Capital Corp.                                          | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $615600.00    | 0.08%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                 | JPMorgan Chase & Co.                                                                 | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    693000 | PA      | $573423.02    | 0.08%             | 2032-11-08      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Logan CLO II Ltd                                    | Logan CLO II Ltd.                                                                    | CUSIP: 540544AC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2438692.50   | 0.34%             | 2035-01-20      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                            | Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    183000 | PA      | $154406.25    | 0.02%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BERLIN PACKAGING LLC                                | Berlin Packaging LLC                                                                 | CUSIP: 08511LAX6<br>LEI: 549300L1HNHO6QOXHH42 | Long             | LON              | CORP              | US        |    236647 | PA      | $233245.25    | 0.03%             | 2028-03-11      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bills                                                                  | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  25000000 | PA      | $24844887.25  | 3.42%             | 2023-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Inflation-Indexed Notes                                                | CUSIP: 9128284H0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11985900 | PA      | $11938377.82  | 1.64%             | 2023-04-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC                            | Ken Garff Automotive LLC                                                             | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $226727.60    | 0.03%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Parexel International Corporation                   | Parexel International Corp.                                                          | CUSIP: 71911KAC8<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |    360864 | PA      | $357661.36    | 0.05%             | 2028-11-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                        | AutoZone, Inc.                                                                       | CUSIP: 053332BD3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38675.10     | 0.01%             | 2033-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                   | Iliad Holding SASU                                                                   | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    420000 | PA      | $394455.60    | 0.05%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                            | Constellation Brands, Inc.                                                           | CUSIP: 21036PBK3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42440.52     | 0.01%             | 2027-05-09      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Hub International Limited                           | Hub International Ltd.                                                               | CUSIP: 44332EAU0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |    463340 | PA      | $462760.74    | 0.06%             | 2025-04-25      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                             | Consolidated Energy Finance SA                                                       | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    362000 | PA      | $314940.00    | 0.04%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                     | Murphy Oil Corp.                                                                     | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15811.37     | 0.00%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                    | T-Mobile USA, Inc.                                                                   | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    425000 | PA      | $387372.70    | 0.05%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CARGO AIRCRAFT MANAGEMEN                            | Cargo Aircraft Management, Inc.                                                      | CUSIP: 14180LAA4<br>LEI: 549300GH5J7LOMV44F11 | Long             | DBT              | CORP              | US        |    244000 | PA      | $220778.52    | 0.03%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Radnet Management, Inc.                             | Radnet Management, Inc.                                                              | CUSIP: 75049EAM6<br>LEI: 549300T3TJ6A0P5TXM13 | Long             | LON              | CORP              | US        |    231369 | PA      | $228946.52    | 0.03%             | 2028-04-21      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| Scientific Games International, Inc.                | Scientific Games International, Inc.                                                 | CUSIP: 80875AAT8<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |    176303 | PA      | $175936.24    | 0.02%             | 2029-04-14      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co., Inc.                       | Dynasty Acquisition Co., Inc.                                                        | CUSIP: 26812CAF3<br>LEI: 549300WM2IKMXZ5LGL49 | Long             | LON              | CORP              | CA        |    117356 | PA      | $115008.54    | 0.02%             | 2026-04-06      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                         | Vistra Operations Co. LLC                                                            | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    312000 | PA      | $293616.96    | 0.04%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                            | Constellation Brands, Inc.                                                           | CUSIP: 21036PBN7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31018.62     | 0.00%             | 2026-02-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cast and Crew Payroll, LLC                          | Cast & Crew Payroll LLC                                                              | CUSIP: 14835JAQ3<br>LEI: 549300XE7OZGFGN5F466 | Long             | LON              | CORP              | US        |     71045 | PA      | $70618.44     | 0.01%             | 2028-12-29      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT                               | Banijay Entertainment SASU                                                           | CUSIP: 060335AA4<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    335000 | PA      | $323275.00    | 0.04%             | 2025-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                            | Agilent Technologies, Inc.                                                           | CUSIP: 00846UAN1<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $146467.19    | 0.02%             | 2031-03-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Athenahealth, Inc.                                  | Athenahealth, Inc.                                                                   | CUSIP: 04686RAC7<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |     79106 | PA      | $74755.42     | 0.01%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TricorBraun Holdings, Inc.                          | TricorBraun Holdings, Inc.                                                           | CUSIP: 00184NAB3<br>LEI: 2549009AB5YVVW5J1U62 | Long             | LON              | CORP              | US        |    339903 | PA      | $330427.76    | 0.05%             | 2028-03-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corporation                         | Epicor Software Corp.                                                                | CUSIP: 29426NAN4<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |    290460 | PA      | $285134.74    | 0.04%             | 2027-07-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                | Vanke Real Estate Hong Kong Co. Ltd.                                                 | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |    750000 | PA      | $731618.03    | 0.10%             | 2024-06-07      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                              | Standard Chartered PLC                                                               | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2050000.00   | 0.28%             | 2027-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Altar Bidco, Inc.                                   | Altar Bidco, Inc.                                                                    | CUSIP: 02090CAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    161996 | PA      | $158148.33    | 0.02%             | 2029-02-01      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 9128286R6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24269531.25  | 3.34%             | 2024-04-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AHEAD DB HOLDINGS LLC                               | Ahead DB Holdings LLC                                                                | CUSIP: 00867FAA6<br>LEI: 254900L07WFL833JX193 | Long             | DBT              | CORP              | US        |    265000 | PA      | $223925.00    | 0.03%             | 2028-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                        | ING Groep NV                                                                         | CUSIP: 456837AU7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $182090.61    | 0.03%             | 2026-07-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| NVENT FINANCE SARL                                  | nVent Finance Sarl                                                                   | CUSIP: 67078AAE3<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |    356000 | PA      | $289520.34    | 0.04%             | 2031-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BANKUNITED INC                                      | BankUnited, Inc.                                                                     | CUSIP: 06652KAB9<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | DBT              | CORP              | US        |   2011000 | PA      | $1947213.98   | 0.27%             | 2030-06-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ROCKCLIFF ENERGY II LLC                             | Rockcliff Energy II LLC                                                              | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |     84000 | PA      | $79917.68     | 0.01%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                              | Edgewell Personal Care Co.                                                           | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    280000 | PA      | $245515.20    | 0.03%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NMI HOLDINGS                                        | NMI Holdings, Inc.                                                                   | CUSIP: 629209AA5<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162508.00    | 0.02%             | 2025-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GRP/UK                            | Australia & New Zealand Banking Group Ltd.                                           | CUSIP: 05254HAA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    563000 | PA      | $567785.50    | 0.08%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bella Holding Company, LLC                          | Bella Holding Co. LLC                                                                | CUSIP: 54317EAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    293003 | PA      | $285036.51    | 0.04%             | 2028-05-10      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                            | CHS/Community Health Systems, Inc.                                                   | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    380000 | PA      | $336376.00    | 0.05%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Hyperion Materials & Technologies, Inc.             | Hyperion Materials & Technologies, Inc.                                              | CUSIP: 44915KAG2<br>LEI: 254900G04G2BDNO0XY89 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2028-08-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                              | Williams Cos., Inc.                                                                  | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    275000 | PA      | $278615.77    | 0.04%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SEAZEN GROUP LTD                                    | Seazen Group Ltd.                                                                    | CUSIP: 000000000<br>LEI: 5493006M8GRAQRCSCD67 | Long             | DBT              | CORP              | KY        |    700000 | PA      | $589260.00    | 0.08%             | 2024-08-12      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                               | Sixth Street CLO XX Ltd.                                                             | CUSIP: 83012QAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $978280.00    | 0.13%             | 2034-10-20      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                             | Standard Industries, Inc.                                                            | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    295000 | PA      | $234324.34    | 0.03%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COTY INC                                            | Coty, Inc.                                                                           | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    293000 | PA      | $280547.50    | 0.04%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                  | Alliant Holdings Intermediate LLC                                                    | CUSIP: 01881UAE5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    235449 | PA      | $235051.67    | 0.03%             | 2025-05-09      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Comet Acquisition, Inc.                             | Comet Acquisition, Inc.                                                              | CUSIP: 21652EAB2<br>LEI: 5493005V7ZG5K84MO728 | Long             | LON              | CORP              | US        |    230943 | PA      | $225554.72    | 0.03%             | 2025-10-24      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Ultimate Software Group Inc (The)                   | Ultimate Software Group, Inc.                                                        | CUSIP: 90385KAK7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |     78137 | PA      | $76835.01     | 0.01%             | 2026-05-04      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                              | Credit Suisse Group AG                                                               | CUSIP: 225401AR9<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1667000 | PA      | $1250250.00   | 0.17%             | 2027-02-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| U.S. Silica Company                                 | U.S. Silica Co.                                                                      | CUSIP: 90343KAR3<br>LEI: 549300LB0THBBEFBXE82 | Long             | LON              | CORP              | US        |    367000 | PA      | $365737.95    | 0.05%             | 2025-05-01      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| Alliance Laundry Systems LLC                        | Alliance Laundry Systems LLC                                                         | CUSIP: 01862LAW8<br>LEI: 549300YBOGK6MBI5ND34 | Long             | LON              | CORP              | US        |    149614 | PA      | $149026.28    | 0.02%             | 2027-10-08      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bills                                                                  | CUSIP: 912796Z85<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  25000000 | PA      | $24828029.50  | 3.42%             | 2023-03-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                               | Gray Television, Inc.                                                                | CUSIP: 389376AY0<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |     73843 | PA      | $73432.59     | 0.01%             | 2026-01-02      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                 | NCL Corp. Ltd.                                                                       | CUSIP: 62886HAP6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    365000 | PA      | $342643.75    | 0.05%             | 2024-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Great Outdoors Group, LLC                           | Great Outdoors Group LLC                                                             | CUSIP: 07014QAN1<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2028-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                            | Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl                  | CUSIP: 42329HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $160748.00    | 0.02%             | 2028-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Verifone Systems, Inc.                              | Verifone Systems, Inc.                                                               | CUSIP: 92346NAB5<br>LEI: 254900LTTVM8MM9RKV75 | Long             | LON              | CORP              | US        |    422885 | PA      | $397600.00    | 0.05%             | 2025-08-20      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                 | Select Medical Corp.                                                                 | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    368000 | PA      | $359315.20    | 0.05%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GLATFELTER                                          | Glatfelter Corp.                                                                     | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    205000 | PA      | $143500.00    | 0.02%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| SIEMENS FINANCIERINGSMAT                            | Siemens Financieringsmaatschappij NV                                                 | CUSIP: 82620KAE3<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    677000 | PA      | $657911.14    | 0.09%             | 2025-05-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                          | Carvana Co.                                                                          | CUSIP: 146869AF9<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    224000 | PA      | $100935.13    | 0.01%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCI Buyer, Inc.                                     | CCI Buyer, Inc.                                                                      | CUSIP: 12510EAC1<br>LEI: 254900TMV7DAFRQALU04 | Long             | LON              | CORP              | US        |    434799 | PA      | $425197.22    | 0.06%             | 2027-12-17      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                              | Spirit AeroSystems, Inc.                                                             | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    227000 | PA      | $227780.88    | 0.03%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                               | Genesis Energy LP/Genesis Energy Finance Corp.                                       | CUSIP: 37185LAK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $53495.36     | 0.01%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TransMontaigne Operating Company L.P.               | TransMontaigne Operating Co. LP                                                      | CUSIP: 89376WAH1<br>LEI: 549300V4T155OZCUJ734 | Long             | LON              | CORP              | US        |    311234 | PA      | $309920.56    | 0.04%             | 2028-11-17      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                     | Danske Bank AS                                                                       | CUSIP: 000000000<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    500000 | PA      | $485030.00    | 0.07%             | 2025-06-26      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                               | Grifols Escrow Issuer SA                                                             | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |    351000 | PA      | $305236.62    | 0.04%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners, L.P.                              | Buckeye Partners LP                                                                  | CUSIP: 11823LAK1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | LON              | CORP              | US        |    162689 | PA      | $162637.95    | 0.02%             | 2026-11-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                         | Asurion LLC                                                                          | CUSIP: 04649VAY6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    328321 | PA      | $308914.74    | 0.04%             | 2027-07-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Iridium Satellite LLC                               | Iridium Satellite LLC                                                                | CUSIP: 46269KAL8<br>LEI: 254900615BJ7139TFM33 | Long             | LON              | CORP              | US        |    312329 | PA      | $312106.23    | 0.04%             | 2026-11-04      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                | Vanke Real Estate Hong Kong Co. Ltd.                                                 | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |    350000 | PA      | $348687.50    | 0.05%             | 2023-04-18      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| Eurex Deutschland                                   | Future                                                                               | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       654 | NC      | $-1741861.12  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| ROCHE HOLDINGS INC                                  | Roche Holdings, Inc.                                                                 | CUSIP: 771196BT8<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |    261000 | PA      | $249118.44    | 0.03%             | 2025-03-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| BANK HAPOALIM                                       | Bank Hapoalim BM                                                                     | CUSIP: 000000000<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | DBT              | CORP              | IL        |    220000 | PA      | $193727.16    | 0.03%             | 2032-01-21      | Fixed         | 3.26%                 | Yes           |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                             | Becton Dickinson & Co.                                                               | CUSIP: 075887CP2<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146022.23    | 0.02%             | 2032-08-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                          | DaVita, Inc.                                                                         | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    270000 | PA      | $227286.00    | 0.03%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Cobham Ultra SeniorCo S.a.r.l                       | Cobham Ultra SeniorCo Sarl                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    260101 | PA      | $256655.07    | 0.04%             | 2029-08-03      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST                | Mercedes-Benz Auto Receivables Trust                                                 | CUSIP: 58770AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $499123.95    | 0.07%             | 2027-11-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                  | Ford Motor Co.                                                                       | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    272000 | PA      | $212399.71    | 0.03%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                 | JPMorgan Chase & Co.                                                                 | CUSIP: 46647PCZ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    215000 | PA      | $211090.28    | 0.03%             | 2026-04-26      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                                   | Imola Merger Corp.                                                                   | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    261000 | PA      | $226887.30    | 0.03%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MedAssets Software Intermediate Holdings, Inc.      | MedAssets Software Intermediate Holdings, Inc.                                       | CUSIP: 58404KAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    201768 | PA      | $182600.28    | 0.03%             | 2028-12-18      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                     | Danske Bank AS                                                                       | CUSIP: 23636ABA8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    565000 | PA      | $520229.68    | 0.07%             | 2025-09-10      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                      | Barings CLO Ltd.                                                                     | CUSIP: 06759UAA1<br>LEI: 549300RW4E3G80IH3A51 | Long             | ABS-CBDO         | CORP              | KY        |   5050000 | PA      | $4982385.55   | 0.69%             | 2035-07-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Les Schwab Tire Centers                             | Les Schwab Tire Centers                                                              | CUSIP: 50220KAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    328128 | PA      | $325530.36    | 0.04%             | 2027-11-02      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| Cogeco Financing 2 LP                               | Cogeco Financing 2 LP                                                                | CUSIP: 19239PAD9<br>LEI: 5493002JZGWJIUQ60C59 | Long             | LON              | CORP              | US        |    248167 | PA      | $245650.88    | 0.03%             | 2028-09-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Select Medical Corporation                          | Select Medical Corp.                                                                 | CUSIP: 816194AV6<br>LEI: 549300X05KS0JKR8CB50 | Long             | LON              | CORP              | US        |    166751 | PA      | $165500.55    | 0.02%             | 2025-03-06      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust            | Capital One Prime Auto Receivables Trust                                             | CUSIP: 14043TAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $992403.00    | 0.14%             | 2025-02-18      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                            | Central Parent, Inc./CDK Global, Inc.                                                | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $154609.97    | 0.02%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                  | Royalty Pharma PLC                                                                   | CUSIP: 78081BAN3<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $158680.14    | 0.02%             | 2031-09-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                         | Trimble, Inc.                                                                        | CUSIP: 896239AA8<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |     54000 | PA      | $53580.24     | 0.01%             | 2024-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SeaWorld Parks & Entertainment, Inc.                | SeaWorld Parks & Entertainment, Inc.                                                 | CUSIP: 78488CAH3<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |    412526 | PA      | $410978.59    | 0.06%             | 2028-08-25      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                            | Scientific Games Holdings LP/Scientific Games U.S. FinCo, Inc.                       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $232213.80    | 0.03%             | 2030-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| LAND O'LAKES INC                                    | Land O' Lakes, Inc.                                                                  | CUSIP: 514666AN6<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |   4470000 | PA      | $3933600.00   | 0.54%             | 2028-09-18      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON BANK                                  | First Horizon Bank                                                                   | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252617.99    | 0.03%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hayward Industries, Inc.                            | Hayward Industries, Inc.                                                             | CUSIP: 421300AL8<br>LEI: 549300NV8ZMMEDUHQ091 | Long             | LON              | CORP              | US        |    158092 | PA      | $156115.36    | 0.02%             | 2028-05-30      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                         | PepsiCo, Inc.                                                                        | CUSIP: 713448EQ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    257000 | PA      | $246149.91    | 0.03%             | 2025-03-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                        | Vontier Corp.                                                                        | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |    175000 | PA      | $135532.25    | 0.02%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                             | Howard Midstream Energy Partners LLC                                                 | CUSIP: 442722AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    332000 | PA      | $323700.00    | 0.04%             | 2027-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Greeneden U.S. Holdings II, LLC                     | Greeneden U.S. Holdings II LLC                                                       | CUSIP: 39479UAQ6<br>LEI: 549300CVRD4OUCPHWQ42 | Long             | LON              | CORP              | US        |    596621 | PA      | $585284.98    | 0.08%             | 2027-12-01      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                            | Holly Energy Partners LP/Holly Energy Finance Corp.                                  | CUSIP: 435765AH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    329000 | PA      | $306539.17    | 0.04%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                          | Ecolab, Inc.                                                                         | CUSIP: 278865BP4<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    250000 | PA      | $259299.46    | 0.04%             | 2028-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                             | Inter-American Development Bank                                                      | CUSIP: 4581X0EH7<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $404934.32    | 0.06%             | 2028-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bills                                                                  | CUSIP: 912797FF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    600000 | PA      | $591496.94    | 0.08%             | 2023-05-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICO LIFE INC                                    | Americo Life, Inc.                                                                   | CUSIP: 03060NAD2<br>LEI: 549300B5C1FRFHBYW144 | Long             | DBT              | CORP              | US        |    280000 | PA      | $220331.68    | 0.03%             | 2031-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                        | Assurant, Inc.                                                                       | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1088993.66   | 0.15%             | 2048-03-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                    | Organon & Co./Organon Foreign Debt Co.-Issuer BV                                     | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    432000 | PA      | $392277.60    | 0.05%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                             | Legacy LifePoint Health LLC                                                          | CUSIP: 53219LAS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $227500.00    | 0.03%             | 2027-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                              | FMG Resources August 2006 Pty. Ltd.                                                  | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $238750.00    | 0.03%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEP/NCP Holdco, Inc.                                | NEP/NCP Holdco, Inc.                                                                 | CUSIP: 62908HAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    477307 | PA      | $427041.25    | 0.06%             | 2025-10-20      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                             | National Bank of Canada                                                              | CUSIP: 63307A2M6<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    392000 | PA      | $377737.58    | 0.05%             | 2024-11-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Applied Systems, Inc.                               | Applied Systems, Inc.                                                                | CUSIP: 03827FBB6<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |    295698 | PA      | $295789.81    | 0.04%             | 2026-09-18      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| Altice France S.A.                                  | Altice France SA                                                                     | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |    752675 | PA      | $722567.60    | 0.10%             | 2026-01-31      | Floating      | 8.52%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                        | Embecta Corp.                                                                        | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    191000 | PA      | $157603.51    | 0.02%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                     | Gen Digital, Inc.                                                                    | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    166000 | PA      | $168539.80    | 0.02%             | 2030-09-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services, Inc.           | Sedgwick Claims Management Services, Inc.                                            | CUSIP: 81527CAM9<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |     50000 | PA      | $49914.05     | 0.01%             | 2026-09-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                         | Asurion LLC                                                                          | CUSIP: 04649VAX8<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    195538 | PA      | $186097.44    | 0.03%             | 2026-12-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                      | Morgan Stanley                                                                       | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53463.78     | 0.01%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                             | European Bank for Reconstruction & Development                                       | CUSIP: 29874QEE0<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    420000 | PA      | $397355.68    | 0.05%             | 2025-02-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    822000 | PA      | $726089.29    | 0.10%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: —       |
| SOTHEBY'S/BIDFAIR HLD                               | Sotheby's/Bidfair Holdings, Inc.                                                     | CUSIP: 83600GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $256569.00    | 0.04%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                                    | TriNet Group, Inc.                                                                   | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    275000 | PA      | $230925.75    | 0.03%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SIGNATURE BANK NEW YORK                             | Signature Bank                                                                       | CUSIP: 82669GCK8<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | DBT              | CORP              | US        |    929000 | PA      | $844879.36    | 0.12%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                           | Boeing Co.                                                                           | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    375000 | PA      | $377136.34    | 0.05%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United Talent Agency, LLC                           | United Talent Agency LLC                                                             | CUSIP: 91301QAH0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    371703 | PA      | $367985.67    | 0.05%             | 2028-07-07      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| DexKo Global Inc.                                   | DexKo Global, Inc.                                                                   | CUSIP: 25213YAU9<br>LEI: 549300SMZ4OV1KBH1M19 | Long             | LON              | CORP              | US        |    217489 | PA      | $200996.54    | 0.03%             | 2028-10-04      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                 | LBM Acquisition LLC                                                                  | CUSIP: 50179JAB4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |    224707 | PA      | $202516.96    | 0.03%             | 2027-12-17      | Floating      | 8.85%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                                 | LCM XXIV Ltd.                                                                        | CUSIP: 50188YAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    949412 | PA      | $940099.98    | 0.13%             | 2030-03-20      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                            | Univision Communications, Inc.                                                       | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    255000 | PA      | $249900.00    | 0.03%             | 2027-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                    | Deutsche Bank AG                                                                     | CUSIP: 251526CS6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    435000 | PA      | $457025.95    | 0.06%             | 2029-01-18      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| II-VI Incorporated                                  | II-VI, Inc.                                                                          | CUSIP: 45173JAQ7<br>LEI: 549300O5C25A0MMHHU33 | Long             | LON              | CORP              | US        |    205642 | PA      | $204665.34    | 0.03%             | 2029-07-02      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                        | Scientific Games Holdings LP                                                         | CUSIP: 80875CAB3<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |    221704 | PA      | $217893.64    | 0.03%             | 2029-04-04      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser, LLC                        | Project Boost Purchaser LLC                                                          | CUSIP: 74339NAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    318714 | PA      | $311586.96    | 0.04%             | 2026-06-01      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                             | Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl        | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $172508.00    | 0.02%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CMG Media Corporation                               | CMG Media Corp.                                                                      | CUSIP: 88145LAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    235865 | PA      | $223187.18    | 0.03%             | 2026-12-17      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                            | USA Compression Partners LP/USA Compression Finance Corp.                            | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    251000 | PA      | $245666.25    | 0.03%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| RKPF OVERSEAS 2019 A LTD                            | RKPF Overseas 2019 A Ltd.                                                            | CUSIP: 000000000<br>LEI: 254900P8BXRCW5458103 | Long             | DBT              | CORP              | VG        |   1245000 | PA      | $1100928.92   | 0.15%             | 2025-03-05      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Mineral Resources Ltd                               | Mineral Resources Ltd.                                                               | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    315000 | PA      | $317362.50    | 0.04%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                      | Morgan Stanley                                                                       | CUSIP: 61747YEG6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    125000 | PA      | $116441.11    | 0.02%             | 2025-10-21      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 912828XT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24152343.75  | 3.33%             | 2024-05-31      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                   | HSBC Holdings PLC                                                                    | CUSIP: 404280CX5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $403345.60    | 0.06%             | 2027-11-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                               | ON Semiconductor Corp.                                                               | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    168000 | PA      | $153301.68    | 0.02%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                         | BNP Paribas SA                                                                       | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   3125000 | PA      | $3234375.00   | 0.45%             | 2029-08-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                  | Murphy Oil USA, Inc.                                                                 | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    210000 | PA      | $192150.00    | 0.03%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                              | Daimler Truck Finance North America LLC                                              | CUSIP: 233853AQ3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151195.17    | 0.02%             | 2028-01-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| UNITED PARCEL SERVICE                               | United Parcel Service, Inc.                                                          | CUSIP: 911312BX3<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    168000 | PA      | $166307.74    | 0.02%             | 2025-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                               | Genesis Energy LP/Genesis Energy Finance Corp.                                       | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $234025.00    | 0.03%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Foley Products Company, LLC                         | Foley Products Co. LLC                                                               | CUSIP: 34430CAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250058 | PA      | $245213.55    | 0.03%             | 2028-12-29      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                     | Benefit Street Partners CLO XX Ltd.                                                  | CUSIP: 08182FAS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3950000 | PA      | $3826495.35   | 0.53%             | 2034-07-15      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                  | Kennedy-Wilson, Inc.                                                                 | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    217000 | PA      | $182280.00    | 0.03%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                               | Gray Television, Inc.                                                                | CUSIP: 389376AZ7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    115839 | PA      | $115259.38    | 0.02%             | 2028-12-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS, INC.                          | Team Health Holdings, Inc.                                                           | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |    348038 | PA      | $288871.17    | 0.04%             | 2027-03-02      | Variable      | 9.81%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                            | HLF Financing SARL LLC/Herbalife International, Inc.                                 | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $322930.12    | 0.04%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                     | Rolls-Royce PLC                                                                      | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    213000 | PA      | $207021.09    | 0.03%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cast and Crew Payroll, LLC                          | Cast & Crew Payroll LLC                                                              | CUSIP: 14835JAN0<br>LEI: 549300XE7OZGFGN5F466 | Long             | LON              | CORP              | US        |    184433 | PA      | $183597.18    | 0.03%             | 2026-02-09      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                              | Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC            | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    209000 | PA      | $183403.77    | 0.03%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency, LLC                        | Creative Artists Agency LLC                                                          | CUSIP: 22526WAM0<br>LEI: 5493008FV5TCFL3KHH96 | Long             | LON              | CORP              | US        |    394734 | PA      | $393993.48    | 0.05%             | 2026-11-27      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| RENT-A-CENTER INC                                   | Rent-A-Center, Inc.                                                                  | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    280000 | PA      | $238000.00    | 0.03%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC                           | Mileage Plus Holdings LLC                                                            | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    170526 | PA      | $177720.48    | 0.02%             | 2027-06-21      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Hertz Corporation, (The)                            | Hertz Corp.                                                                          | CUSIP: 42804VBC4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |     37538 | PA      | $37326.69     | 0.01%             | 2028-06-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                                | Covanta Holding Corp.                                                                | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    210000 | PA      | $178790.29    | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY COR                            | Garda World Security Corp.                                                           | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     24000 | PA      | $23729.28     | 0.00%             | 2027-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                            | Targa Resources Partners LP/Targa Resources Partners Finance Corp.                   | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $261884.06    | 0.04%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CGB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1118734.38   | 0.15%             | 2029-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| KKR APPLE BIDCO, LLC                                | KKR Apple Bidco LLC                                                                  | CUSIP: 000000000<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |     32722 | PA      | $32067.86     | 0.00%             | 2029-09-21      | Floating      | 10.32%                | No            |                  2 | On Loan: No      |
| Kestrel Bidco Inc.                                  | Kestrel Bidco, Inc.                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    439358 | PA      | $421155.53    | 0.06%             | 2026-12-11      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                  | Credit Agricole SA                                                                   | CUSIP: 22535WAH0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $223279.78    | 0.03%             | 2027-01-26      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                 | Charles Schwab Corp.                                                                 | CUSIP: 808513BY0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     58000 | PA      | $53883.97     | 0.01%             | 2027-03-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Centurion Pipeline Company LLC                      | Centurion Pipeline Co. LLC                                                           | CUSIP: 15643YAC0<br>LEI: 54930040AX5IIFI80J88 | Long             | LON              | CORP              | US        |    139016 | PA      | $137800.01    | 0.02%             | 2025-09-29      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                              | Pacific Gas & Electric Co.                                                           | CUSIP: 694308KE6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148419.56    | 0.02%             | 2025-06-08      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EG America LLC                                      | EG America LLC                                                                       | CUSIP: 000000000<br>LEI: 549300BY1CRYVPEG9R57 | Long             | LON              | CORP              | US        |    319007 | PA      | $307215.39    | 0.04%             | 2025-02-07      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                            | Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.                                 | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    141000 | PA      | $119438.28    | 0.02%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                            | Performance Food Group, Inc.                                                         | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    325000 | PA      | $312806.00    | 0.04%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fogo De Chao, Inc.                                  | Fogo De Chao, Inc.                                                                   | CUSIP: 74166RAD7<br>LEI: 549300MOPGNZTXUHVM05 | Long             | LON              | CORP              | US        |    304486 | PA      | $290593.57    | 0.04%             | 2025-04-07      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Enova International Inc                             | Enova International, Inc.                                                            | CUSIP: 29357KAF0<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |    298000 | PA      | $283101.33    | 0.04%             | 2025-09-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                            | Warnermedia Holdings, Inc.                                                           | CUSIP: 55903VAE3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57836.97     | 0.01%             | 2025-03-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                            | Burford Capital Global Finance LLC                                                   | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    255000 | PA      | $230775.00    | 0.03%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    260000 | PA      | $265982.03    | 0.04%             | 2029-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA                             | Atlantica Sustainable Infrastructure PLC                                             | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    243000 | PA      | $216270.00    | 0.03%             | 2028-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                            | Venture Global Calcasieu Pass LLC                                                    | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    235000 | PA      | $239512.00    | 0.03%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SHUI ON DEVELOPMENT HLDG                            | Shui On Development Holding Ltd.                                                     | CUSIP: 000000000<br>LEI: 3003005J4J3G9CZFDK52 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $293220.00    | 0.04%             | 2023-11-12      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| AMAZON.COM INC                                      | Amazon.com, Inc.                                                                     | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     84000 | PA      | $81111.09     | 0.01%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PROG HOLDINGS INC                                   | PROG Holdings, Inc.                                                                  | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |    202000 | PA      | $171195.00    | 0.02%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                             | HCA, Inc.                                                                            | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    565000 | PA      | $505255.80    | 0.07%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| YANLORD LAND HK CO LTD                              | Yanlord Land HK Co. Ltd.                                                             | CUSIP: 000000000<br>LEI: 549300O56H3950RDWG19 | Long             | DBT              | CORP              | HK        |   4193000 | PA      | $4096561.00   | 0.56%             | 2024-02-27      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: —       |
| GRUBHUB HOLDINGS INC                                | GrubHub Holdings, Inc.                                                               | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    196000 | PA      | $156812.02    | 0.02%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CEC ENTERTAINMENT LLC                               | CEC Entertainment LLC                                                                | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    223000 | PA      | $206275.00    | 0.03%             | 2026-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Notes                                                                  | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     44000 | PA      | $38503.44     | 0.01%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CD&R Hydra Buyer Inc.                               | CD&R Hydra Buyer, Inc.                                                               | CUSIP: 12508KAD9<br>LEI: 549300HW5C2VGPZCHL57 | Long             | LON              | CORP              | US        |    257286 | PA      | $248281.09    | 0.03%             | 2024-12-11      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                     | Chevron USA, Inc.                                                                    | CUSIP: 166756AP1<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    587000 | PA      | $581460.13    | 0.08%             | 2024-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Amentum Government Services Holdings LLC            | Amentum Government Services Holdings LLC                                             | CUSIP: 57776DAE3<br>LEI: 5493008CT6B5L54YSE94 | Long             | LON              | CORP              | US        |    220065 | PA      | $217314.46    | 0.03%             | 2029-02-15      | Variable      | 8.76%                 | No            |                  2 | On Loan: No      |
| Castlelake Aviation Limited                         | Castlelake Aviation Ltd.                                                             | CUSIP: 14855NAB2<br>LEI: 2138003EQK2PETKID103 | Long             | LON              | CORP              | IE        |    223293 | PA      | $223083.53    | 0.03%             | 2026-10-22      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| HI CRUSH INC.                                       | Hi-Crush, Inc.                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        78 | NS      | $3019536.00   | 0.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Aimbridge Acquisition Co., Inc.                     | Aimbridge Acquisition Co., Inc.                                                      | CUSIP: 00900YAD8<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |    441577 | PA      | $405330.95    | 0.06%             | 2026-02-02      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Mitnick Corporate Purchaser, Inc                    | Mitnick Corporate Purchaser, Inc.                                                    | CUSIP: 60672HAC7<br>LEI: 2549002PYWOTVEDJKW54 | Long             | LON              | CORP              | US        |    102756 | PA      | $99244.75     | 0.01%             | 2029-05-02      | Variable      | 9.53%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr   | GM Financial Consumer Automobile Receivables Trust                                   | CUSIP: 36258MAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4946539.00   | 0.68%             | 2025-01-16      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                           | Ball Corp.                                                                           | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    136000 | PA      | $111482.38    | 0.02%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ION Trading Finance Limited                         | ION Trading Finance Ltd.                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |    361570 | PA      | $349518.14    | 0.05%             | 2028-04-03      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                            | Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.                    | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |    263000 | PA      | $231768.75    | 0.03%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                 | NuStar Logistics LP                                                                  | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    239000 | PA      | $230037.50    | 0.03%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Whatabrands LLC                                     | Whatabrands LLC                                                                      | CUSIP: 96244UAF4<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |    164577 | PA      | $162862.19    | 0.02%             | 2028-08-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                    | Altice France SA                                                                     | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    625000 | PA      | $488625.00    | 0.07%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                            | National Rural Utilities Cooperative Finance Corp.                                   | CUSIP: 637432MT9<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    977000 | PA      | $938048.45    | 0.13%             | 2043-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                      | NRG Energy, Inc.                                                                     | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    285000 | PA      | $223665.45    | 0.03%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Hyperion Insurance Group Ltd.                       | Hyperion Insurance Group Ltd.                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    374111 | PA      | $370369.87    | 0.05%             | 2027-11-12      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| RegionalCare Hospital Partners Holdings, Inc.       | RegionalCare Hospital Partners Holdings, Inc.                                        | CUSIP: 75915TAD4<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    503898 | PA      | $488921.33    | 0.07%             | 2025-11-16      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                        | Barclays PLC                                                                         | CUSIP: 06738EBN4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2500000 | PA      | $2387475.00   | 0.33%             | 2025-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners, Inc.                          | Broadstreet Partners, Inc.                                                           | CUSIP: 11132VAR0<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    286860 | PA      | $282677.16    | 0.04%             | 2027-01-27      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| ARETEC ESCROW ISSUER INC                            | Aretec Escrow Issuer, Inc.                                                           | CUSIP: 040133AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $232758.37    | 0.03%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Silver Rock CLO Ltd                                 | Silver Rock CLO II Ltd.                                                              | CUSIP: 82812LAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2298000 | PA      | $2201994.16   | 0.30%             | 2035-01-20      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Citibank Credit Card Issuance Trust                 | Citibank Credit Card Issuance Trust                                                  | CUSIP: 17305EGS8<br>LEI: R8AG6FXVDQAMDKCSJJ64 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $986304.60    | 0.14%             | 2030-10-13      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Yanlord Land HK Co Ltd                              | Yanlord Land HK Co. Ltd.                                                             | CUSIP: 000000000<br>LEI: 549300O56H3950RDWG19 | Long             | DBT              | CORP              | HK        |   2083000 | PA      | $2076751.00   | 0.29%             | 2023-04-23      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                             | Honeywell International, Inc.                                                        | CUSIP: 438516CJ3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155590.07    | 0.02%             | 2028-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Vertical US Newco Inc                               | Vertical U.S. Newco, Inc.                                                            | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |    312711 | PA      | $306652.53    | 0.04%             | 2027-07-30      | Floating      | 8.60%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                        | ING Groep NV                                                                         | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   2050000 | PA      | $1939771.50   | 0.27%             | 2026-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tempo Acquisition LLC                               | Tempo Acquisition LLC                                                                | CUSIP: 88023HAF7<br>LEI: 549300VV0B2RPMHQGA61 | Long             | LON              | CORP              | US        |    184527 | PA      | $184665.56    | 0.03%             | 2028-08-31      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Ensemble RCM, LLC                                   | Ensemble RCM LLC                                                                     | CUSIP: 29359BAB7<br>LEI: 254900PDXJVVI20WAQ37 | Long             | LON              | CORP              | US        |    214278 | PA      | $214143.63    | 0.03%             | 2026-08-03      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| SECURITY BENEFIT GL FUND                            | Security Benefit Global Funding                                                      | CUSIP: 81412DAA1<br>LEI: 5493003C0JW6BY7YFF93 | Long             | DBT              | CORP              | US        |    254000 | PA      | $240024.36    | 0.03%             | 2024-05-17      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corporation                        | Filtration Group Corp.                                                               | CUSIP: 31732FAR7<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |    189534 | PA      | $188389.12    | 0.03%             | 2028-10-21      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Dotdash Meredith Inc                                | Dotdash Meredith, Inc.                                                               | CUSIP: 25849KAB3<br>LEI: 549300R2AA7U9CJUQO13 | Long             | LON              | CORP              | US        |    151889 | PA      | $128599.39    | 0.02%             | 2028-12-01      | Variable      | 8.67%                 | No            |                  2 | On Loan: No      |
| PAI Holdco, Inc.                                    | PAI Holdco, Inc.                                                                     | CUSIP: 69315JAG8<br>LEI: 2549001NJ55NUV372F56 | Long             | LON              | CORP              | US        |    236465 | PA      | $215971.59    | 0.03%             | 2027-10-28      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 2                               | Scentre Group Trust 2                                                                | CUSIP: 76025LAB0<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              |  | AU        |   1273000 | PA      | $1120436.53   | 0.15%             | 2080-09-24      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Sunshine Investments B.V.                           | Sunshine Investments BV                                                              | CUSIP: 000000000<br>LEI: 254900U303DPAFR7MA71 | Long             | LON              | CORP              | NL        |    329896 | PA      | $326597.51    | 0.04%             | 2029-07-12      | Variable      | 8.52%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                   | NatWest Group PLC                                                                    | CUSIP: 639057AD0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    562000 | PA      | $430632.50    | 0.06%             | 2031-06-28      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                             | American Airlines, Inc.                                                              | CUSIP: 02376CBB0<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    410136 | PA      | $401607.13    | 0.06%             | 2025-06-27      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                            | Prime Security Services Borrower LLC/Prime Finance, Inc.                             | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $240952.60    | 0.03%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services, Inc.           | Sedgwick Claims Management Services, Inc.                                            | CUSIP: 81527CAL1<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |    374329 | PA      | $372317.13    | 0.05%             | 2025-12-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                            | Ferrellgas LP/Ferrellgas Finance Corp.                                               | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $243630.40    | 0.03%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc                                       | RealPage, Inc.                                                                       | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    337043 | PA      | $328279.87    | 0.05%             | 2028-04-24      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                | TTM Technologies, Inc.                                                               | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    283000 | PA      | $246832.60    | 0.03%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| United States Treasury                              | U.S. Treasury Bonds                                                                  | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9700000 | PA      | $7813804.74   | 1.08%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                 | Charles Schwab Corp.                                                                 | CUSIP: 808513AX3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    658000 | PA      | $646829.49    | 0.09%             | 2025-05-21      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                 | SVB Financial Group                                                                  | CUSIP: 78486QAR2<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |    340000 | PA      | $326585.23    | 0.04%             | 2028-04-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                              | Clydesdale Acquisition Holdings, Inc.                                                | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    260000 | PA      | $256367.80    | 0.04%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TICP CLO LTD                                        | TICP CLO XII Ltd.                                                                    | CUSIP: 87250FAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6650000 | PA      | $6473229.70   | 0.89%             | 2034-07-15      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Applied Systems, Inc.                               | Applied Systems, Inc.                                                                | CUSIP: 03827FBA8<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |     73849 | PA      | $73725.56     | 0.01%             | 2027-09-17      | Variable      | 11.33%                | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                    | Proofpoint, Inc.                                                                     | CUSIP: 74345HAB7<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    341197 | PA      | $334212.59    | 0.05%             | 2028-08-31      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                 | Bank of Nova Scotia                                                                  | CUSIP: 064159VJ2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2187000 | PA      | $2123926.92   | 0.29%             | 2025-06-04      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| OEConnection LLC                                    | OEConnection LLC                                                                     | CUSIP: 67613NAH0<br>LEI: 5493008MJ5H6VV3E2654 | Long             | LON              | CORP              | US        |    373853 | PA      | $363571.75    | 0.05%             | 2026-09-25      | Variable      | 8.65%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                            | EQM Midstream Partners LP                                                            | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     83000 | PA      | $82998.68     | 0.01%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                               | NGL Energy Operating LLC/NGL Energy Finance Corp.                                    | CUSIP: 62922LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $302234.40    | 0.04%             | 2026-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                 | Synchrony Financial                                                                  | CUSIP: 87165BAG8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1178000 | PA      | $1145705.50   | 0.16%             | 2025-07-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AG ISSUER LLC                                       | AG Issuer LLC                                                                        | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $232762.25    | 0.03%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                            | Pattern Energy Operations LP/Pattern Energy Operations, Inc.                         | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $233962.50    | 0.03%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                | Chart Industries, Inc.                                                               | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29616.25     | 0.00%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WANDA PROPERTIES INTL                               | Wanda Properties International Co. Ltd.                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    900000 | PA      | $864900.00    | 0.12%             | 2024-01-29      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV                              | UPC Broadband Finco BV                                                               | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    294000 | PA      | $258652.38    | 0.04%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                              | U.S. Treasury Bills                                                                  | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  25000000 | PA      | $24911187.50  | 3.43%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Vincent Toner

**Name of Signer:** Vincent Toner

**Title:** Treasurer