# EDGAR Filing Document

**Accession Number:** 0001426439
**File Stem:** 0001752724-23-069719
**Filing Date:** 2023-3
**Character Count:** 106056
**Document Hash:** 0deb350006413c48a7f016956aa20e8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-069719.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001752724-23-069719

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IndexIQ Active ETF Trust
- **CENTRAL INDEX KEY:** 0001426439
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22739
- **FILM NUMBER:** 23767956

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 888-474-7725

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

## Series and Classes Contracts Data

### IQ MacKay ESG High Income ETF (Series ID: S000077600)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000238088 | IQ MacKay ESG High Income ETF | IQHI            |

## Nport-Ex

Schedule of Investments — IQ MacKay ESG High Income ETF

January 31, 2023 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Long - Term Bonds 97.3%** | | |
| **Corporate Bonds — 81.9%** | **Corporate Bonds — 81.9%** | |
| **Advertising — 1.5%** | **Advertising — 1.5%** | |
| Clear Channel Outdoor Holdings, Inc. |  |  |
| 5.125%, due 8/15/27 | $200000 | $181393 |
| Lamar Media Corp. |  |  |
| 4.000%, due 2/15/30 | 107000 | 95230 |
| Outfront Media Capital LLC / Outfront Media Capital Corp. |  |  |
| 4.250%, due 1/15/29 | 122000 | 104876 |
|  |  | 381499 |
| **Aerospace & Defense — 1.8%** |  |  |
| Howmet Aerospace, Inc. |  |  |
| 5.900%, due 2/1/27 | 209000 | 212657 |
| TransDigm, Inc. |  |  |
| 4.625%, due 1/15/29 | 82000 | 73977 |
| 4.875%, due 5/1/29 | 106000 | 95644 |
| 6.250%, due 3/15/26 | 90000 | 89968 |
|  |  | 472246 |
| **Agriculture — 1.0%** |  |  |
| Darling Ingredients, Inc. |  |  |
| 5.250%, due 4/15/27 | 267000 | 260392 |
| **Airlines — 1.3%** |  |  |
| Delta Air Lines, Inc. |  |  |
| 4.375%, due 4/19/28 | 75000 | 69697 |
| 7.375%, due 1/15/26 | 62000 | 64532 |
| United Airlines, Inc. |  |  |
| 4.375%, due 4/15/26 | 97000 | 92085 |
| 4.625%, due 4/15/29 | 115000 | 104893 |
|  |  | 331207 |
| **Apparel — 1.5%** |  |  |
| Hanesbrands, Inc. |  |  |
| 4.625%, due 5/15/24 | 200000 | 196514 |
| 4.875%, due 5/15/26 | 200000 | 186250 |
|  |  | 382764 |
| **Auto Manufacturers — 1.8%** |  |  |
| Ford Motor Co. |  |  |
| 3.250%, due 2/12/32 | 145000 | 115082 |
| Ford Motor Credit Co. LLC |  |  |
| 3.815%, due 11/2/27 | 128000 | 115520 |
| 4.000%, due 11/13/30 | 136000 | 118747 |
| 4.950%, due 5/28/27 | 132000 | 125963 |
|  |  | 475312 |
| **Auto Parts & Equipment — 1.6%** |  |  |
| Clarios Global LP / Clarios US Finance Co. |  |  |
| 6.250%, due 5/15/26 | 250000 | 248350 |
| Goodyear Tire & Rubber Co. (The) |  |  |
| 5.000%, due 7/15/29 | 200000 | 176186 |
|  |  | 424536 |
| **Building Materials — 1.5%** |  |  |
| CP Atlas Buyer, Inc. |  |  |
| 7.000%, due 12/1/28 | 281000 | 217072 |
| Standard Industries, Inc. |  |  |
| 4.375%, due 7/15/30 | 200000 | 170974 |
|  |  | 388046 |
| **Chemicals — 1.7%** |  |  |
| Avient Corp. |  |  |
| 7.125%, due 8/1/30 | 112000 | 112834 |
| Olin Corp. |  |  |
| 5.000%, due 2/1/30 | 104000 | 98301 |
| 5.625%, due 8/1/29 | 95000 | 92448 |
| Olympus Water US Holding Corp. |  |  |
| 4.250%, due 10/1/28 | 171000 | 143437 |
| Rain CII Carbon LLC / CII Carbon Corp. |  |  |
| 7.250%, due 4/1/25 | 10000 | 9403 |
|  |  | 456423 |
| **Commercial Services — 6.4%** |  |  |
| ADT Security Corp. (The) |  |  |
| 4.125%, due 8/1/29 | 99000 | 88135 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl |  |  |
| 4.625%, due 6/1/28 | 200000 | 171766 |
| AMN Healthcare, Inc. |  |  |
| 4.000%, due 4/15/29 | 79000 | 68527 |
| Avis Budget Car Rental LLC / Avis Budget Finance, Inc. |  |  |
| 5.375%, due 3/1/29 | 100000 | 89400 |
| Brink's Co. (The) |  |  |
| 4.625%, due 10/15/27 | 71000 | 66242 |
| Carriage Services, Inc. |  |  |
| 4.250%, due 5/15/29 | 200000 | 164550 |
| Gartner, Inc. |  |  |
| 4.500%, due 7/1/28 | 120000 | 113999 |
| HealthEquity, Inc. |  |  |
| 4.500%, due 10/1/29 | 79000 | 70729 |
| Herc Holdings, Inc. |  |  |
| 5.500%, due 7/15/27 | 76000 | 72770 |
| Hertz Corp. (The) |  |  |
| 4.625%, due 12/1/26 | 116000 | 103240 |
| 5.000%, due 12/1/29 | 134000 | 109545 |
| Prime Security Services Borrower LLC / Prime Finance, Inc. |  |  |
| 3.375%, due 8/31/27 | 160000 | 141976 |
| Service Corp. International |  |  |
| 3.375%, due 8/15/30 | 124000 | 104202 |
| United Rentals North America, Inc. |  |  |
| 5.500%, due 5/15/27 | 251000 | 249431 |
| Williams Scotsman International, Inc. |  |  |
| 4.625%, due 8/15/28 | 72000 | 66712 |
|  |  | 1681224 |
| **Computers — 2.2%** |  |  |
| NCR Corp. |  |  |
| 5.125%, due 4/15/29 | 200000 | 174211 |
| Seagate HDD Cayman |  |  |
| 4.091%, due 6/1/29 | 177000 | 156871 |
| Tempo Acquisition LLC / Tempo Acquisition Finance Corp. |  |  |
| 5.750%, due 6/1/25 | 248000 | 250356 |
|  |  | 581438 |
| **Diversified Financial Services — 2.9%** |  |  |
| Nationstar Mortgage Holdings, Inc. |  |  |
| 5.500%, due 8/15/28 | 262000 | 228912 |
| 5.750%, due 11/15/31 | 128000 | 103040 |
| OneMain Finance Corp. |  |  |
| 6.625%, due 1/15/28 | 221000 | 215314 |
| PennyMac Financial Services, Inc. |  |  |
| 4.250%, due 2/15/29 | 140000 | 115058 |
| Rocket Mortgage LLC / Rocket Mortgage Co.-Issuer, Inc. |  |  |
| 3.625%, due 3/1/29 | 137000 | 115586 |
|  |  | 777910 |
| **Electric — 1.1%** |  |  |
| Calpine Corp. |  |  |
| 4.500%, due 2/15/28 | 141000 | 130109 |

---

Schedule of Investments — IQ MacKay ESG High Income ETF (continued)

January 31, 2023 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Corporate Bonds (continued)** |  |  |
| **Electric (continued)** |  |  |
| Vistra Corp. |  |  |
| &nbsp;&nbsp;8.000%, (5 Year US CMT T-Note + 6.93%), due 4/15/71<sup>(a)</sup> | $150000 | $147038 |
|  |  | 277147 |
| **Electrical Component & Equipment — 0.4%** |  |  |
| Energizer Holdings, Inc. |  |  |
| 4.750%, due 6/15/28 | 129000 | 115455 |
| **Entertainment — 2.3%** |  |  |
| Caesars Entertainment, Inc. |  |  |
| 4.625%, due 10/15/29 | 171000 | 146205 |
| CDI Escrow Issuer, Inc. |  |  |
| 5.750%, due 4/1/30 | 126000 | 119385 |
| Churchill Downs, Inc. |  |  |
| 4.750%, due 1/15/28 | 138000 | 129121 |
| Scientific Games Holdings LP/Scientific Games US FinCo, Inc. |  |  |
| 6.625%, due 3/1/30 | 120000 | 106893 |
| Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. |  |  |
| 5.125%, due 10/1/29 | 102000 | 91035 |
|  |  | 592639 |
| **Food — 3.0%** |  |  |
| Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC |  |  |
| 4.625%, due 1/15/27 | 213000 | 201935 |
| B&G Foods, Inc. |  |  |
| 5.250%, due 9/15/27 | 218000 | 176307 |
| Performance Food Group, Inc. |  |  |
| 4.250%, due 8/1/29 | 120000 | 107070 |
| Post Holdings, Inc. |  |  |
| 4.625%, due 4/15/30 | 133000 | 117040 |
| 5.500%, due 12/15/29 | 81000 | 75117 |
| US Foods, Inc. |  |  |
| 4.625%, due 6/1/30 | 108000 | 96682 |
|  |  | 774151 |
| **Food Service — 0.5%** |  |  |
| Aramark Services, Inc. |  |  |
| 5.000%, due 2/1/28 | 151000 | 142317 |
| **Healthcare-Products — 1.1%** |  |  |
| Hologic, Inc. |  |  |
| 4.625%, due 2/1/28 | 167000 | 159144 |
| Teleflex, Inc. |  |  |
| 4.625%, due 11/15/27 | 135000 | 128886 |
|  |  | 288030 |
| **Healthcare-Services — 4.7%** |  |  |
| Centene Corp. |  |  |
| 2.450%, due 7/15/28 | 125000 | 108281 |
| 2.500%, due 3/1/31 | 94000 | 76847 |
| 4.250%, due 12/15/27 | 163000 | 156361 |
| 4.625%, due 12/15/29 | 124000 | 117807 |
| Encompass Health Corp. |  |  |
| 4.750%, due 2/1/30 | 76000 | 69666 |
| 5.750%, due 9/15/25 | 219000 | 217358 |
| IQVIA, Inc. |  |  |
| 5.000%, due 5/15/27 | 96000 | 93159 |
| Tenet Healthcare Corp. |  |  |
| 4.250%, due 6/1/29 | 127000 | 113081 |
| 4.625%, due 6/15/28 | 149000 | 138183 |
| 6.125%, due 6/15/30 | 131000 | 127163 |
|  |  | 1217906 |
| **Home Builders — 1.0%** |  |  |
| Beazer Homes USA, Inc. |  |  |
| 7.250%, due 10/15/29 | 92000 | 84985 |
| Meritage Homes Corp. |  |  |
| 3.875%, due 4/15/29 | 86000 | 76218 |
| Thor Industries, Inc. |  |  |
| 4.000%, due 10/15/29 | 47000 | 39081 |
| Tri Pointe Homes, Inc. |  |  |
| 5.700%, due 6/15/28 | 79000 | 74116 |
|  |  | 274400 |
| **Housewares — 0.9%** |  |  |
| CD&R Smokey Buyer, Inc. |  |  |
| 6.750%, due 7/15/25 | 250000 | 226875 |
| **Insurance — 0.3%** |  |  |
| Global Atlantic Fin Co. |  |  |
| &nbsp;&nbsp;4.700%, (5 Year US CMT T-Note + 3.80%), due 10/15/51<sup>(a)</sup> | 96000 | 82644 |
| **Internet — 1.9%** |  |  |
| Arches Buyer, Inc. |  |  |
| 6.125%, due 12/1/28 | 200000 | 168452 |
| Cogent Communications Group, Inc. |  |  |
| 3.500%, due 5/1/26 | 85000 | 78698 |
| Match Group Holdings II LLC |  |  |
| 4.125%, due 8/1/30 | 120000 | 103200 |
| Uber Technologies, Inc. |  |  |
| 4.500%, due 8/15/29 | 158000 | 140669 |
|  |  | 491019 |
| **Leisure Time — 0.1%** |  |  |
| NCL Corp. Ltd. |  |  |
| 8.375%, due 2/1/28 | 35000 | 35481 |
| **Machinery-Diversified — 0.1%** |  |  |
| Chart Industries, Inc. |  |  |
| 7.500%, due 1/1/30 | 24000 | 24540 |
| **Media — 6.9%** |  |  |
| Cable One, Inc. |  |  |
| 4.000%, due 11/15/30 | 96000 | 79155 |
| CCO Holdings LLC / CCO Holdings Capital Corp. |  |  |
| 4.250%, due 2/1/31 | 119000 | 99133 |
| 4.250%, due 1/15/34 | 121000 | 94326 |
| 4.500%, due 8/15/30 | 96000 | 82028 |
| 4.500%, due 5/1/32 | 155000 | 128262 |
| 4.750%, due 3/1/30 | 133000 | 116214 |
| 6.375%, due 9/1/29 | 65000 | 62725 |
| Directv Financing LLC / Directv Financing Co-Obligor, Inc. |  |  |
| 5.875%, due 8/15/27 | 197000 | 178444 |
| iHeartCommunications, Inc. |  |  |
| 8.375%, due 5/1/27 | 261000 | 233921 |
| Nexstar Media, Inc. |  |  |
| 4.750%, due 11/1/28 | 131000 | 118251 |
| Sirius XM Radio, Inc. |  |  |
| 3.875%, due 9/1/31 | 84000 | 69248 |
| 4.000%, due 7/15/28 | 107000 | 95241 |
| 4.125%, due 7/1/30 | 90000 | 77187 |
| TEGNA, Inc. |  |  |
| 4.750%, due 3/15/26 | 262000 | 254020 |
| Univision Communications, Inc. |  |  |
| 4.500%, due 5/1/29 | 139000 | 119598 |
|  |  | 1807753 |

---

Schedule of Investments — IQ MacKay ESG High Income ETF (continued)

January 31, 2023 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Corporate Bonds (continued)** |  |  |
| **Mining — 0.9%** |  |  |
| Novelis Corp. |  |  |
| 3.250%, due 11/15/26 | $102000 | $92343 |
| 4.750%, due 1/30/30 | 163000 | 147515 |
|  |  | 239858 |
| **Miscellaneous Manufacturing — 0.3%** |  |  |
| Gates Global LLC / Gates Corp. |  |  |
| 6.250%, due 1/15/26 | 75000 | 73863 |
| **Office/Business Equipment — 1.1%** |  |  |
| Xerox Corp. |  |  |
| 3.800%, due 5/15/24 | 139000 | 134830 |
| Xerox Holdings Corp. |  |  |
| 5.500%, due 8/15/28 | 177000 | 150118 |
|  |  | 284948 |
| **Oil & Gas — 7.8%** |  |  |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp. |  |  |
| 9.000%, due 11/1/27 | 201000 | 247732 |
| Callon Petroleum Co. |  |  |
| 6.375%, due 7/1/26 | 87000 | 83794 |
| 7.500%, due 6/15/30 | 103000 | 99652 |
| 8.000%, due 8/1/28 | 81000 | 80956 |
| CNX Resources Corp. |  |  |
| 6.000%, due 1/15/29 | 88000 | 80782 |
| Occidental Petroleum Corp. |  |  |
| 2.900%, due 8/15/24 | 272000 | 260729 |
| 5.550%, due 3/15/26 | 110000 | 111106 |
| 7.500%, due 5/1/31 | 81000 | 90113 |
| 8.875%, due 7/15/30 | 112000 | 131880 |
| Range Resources Corp. |  |  |
| 4.750%, due 2/15/30 | 76000 | 68077 |
| Rockcliff Energy II LLC |  |  |
| 5.500%, due 10/15/29 | 89000 | 84660 |
| Southwestern Energy Co. |  |  |
| 5.375%, due 3/15/30 | 114000 | 106163 |
| 7.750%, due 10/1/27 | 195000 | 203362 |
| Sunoco LP / Sunoco Finance Corp. |  |  |
| 5.875%, due 3/15/28 | 117000 | 114660 |
| Tap Rock Resources LLC |  |  |
| 7.000%, due 10/1/26 | 76000 | 71934 |
| Transocean Titan Financing Ltd. |  |  |
| 8.375%, due 2/1/28 | 20000 | 20754 |
| Vital Energy, Inc. |  |  |
| 7.750%, due 7/31/29 | 126000 | 116197 |
| 10.125%, due 1/15/28 | 67000 | 66670 |
|  |  | 2039221 |
| **Oil & Gas Services — 2.0%** |  |  |
| Archrock Partners LP / Archrock Partners Finance Corp. |  |  |
| 6.250%, due 4/1/28 | 127000 | 120650 |
| 6.875%, due 4/1/27 | 127000 | 124460 |
| USA Compression Partners LP / USA Compression Finance Corp. |  |  |
| 6.875%, due 4/1/26 | 112000 | 109922 |
| 6.875%, due 9/1/27 | 163000 | 158110 |
|  |  | 513142 |
| **Packaging & Containers — 2.2%** |  |  |
| Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc. |  |  |
| 4.125%, due 8/15/26 | 95000 | 86687 |
| 5.250%, due 8/15/27 | 200000 | 163777 |
| Ball Corp. |  |  |
| 6.875%, due 3/15/28 | 97000 | 100041 |
| Owens-Brockway Glass Container, Inc. |  |  |
| 6.375%, due 8/15/25 | 200000 | 196050 |
| Sealed Air Corp. |  |  |
| 6.125%, due 2/1/28 | 25000 | 25223 |
|  |  | 571778 |
| **Pharmaceuticals — 1.5%** |  |  |
| Elanco Animal Health, Inc. |  |  |
| 6.400%, due 8/28/28 | 133000 | 129835 |
| PRA Health Sciences, Inc. |  |  |
| 2.875%, due 7/15/26 | 284000 | 259908 |
|  |  | 389743 |
| **Pipelines — 3.6%** |  |  |
| Cheniere Energy Partners LP |  |  |
| 4.500%, due 10/1/29 | 140000 | 131337 |
| Cheniere Energy, Inc. |  |  |
| 4.625%, due 10/15/28 | 87000 | 82837 |
| CNX Midstream Partners LP |  |  |
| 4.750%, due 4/15/30 | 120000 | 101536 |
| EnLink Midstream LLC |  |  |
| 5.625%, due 1/15/28 | 90000 | 87975 |
| Genesis Energy LP / Genesis Energy Finance Corp. |  |  |
| 7.750%, due 2/1/28 | 291000 | 281217 |
| Venture Global Calcasieu Pass LLC |  |  |
| 3.875%, due 8/15/29 | 137000 | 121930 |
| 6.250%, due 1/15/30 | 60000 | 61127 |
| Western Midstream Operating LP |  |  |
| 4.750%, due 8/15/28 | 90000 | 84825 |
|  |  | 952784 |
| **REITS — 2.1%** |  |  |
| Iron Mountain Information Management Services, Inc. |  |  |
| 5.000%, due 7/15/32 | 79000 | 68493 |
| Iron Mountain, Inc. |  |  |
| 4.500%, due 2/15/31 | 88000 | 75406 |
| 5.250%, due 7/15/30 | 110000 | 99543 |
| Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer |  |  |
| 4.875%, due 5/15/29 | 107000 | 92502 |
| SBA Communications Corp. |  |  |
| 3.125%, due 2/1/29 | 124000 | 105051 |
| VICI Properties LP / VICI Note Co., Inc. |  |  |
| 4.250%, due 12/1/26 | 40000 | 37750 |
| XHR LP |  |  |
| 4.875%, due 6/1/29 | 84000 | 74550 |
|  |  | 553295 |
| **Retail — 5.7%** |  |  |
| Asbury Automotive Group, Inc. |  |  |
| 4.750%, due 3/1/30 | 126000 | 110219 |
| Bath & Body Works, Inc. |  |  |
| 6.950%, due 3/1/33 | 300000 | 268293 |
| Foot Locker, Inc. |  |  |
| 4.000%, due 10/1/29 | 112000 | 94694 |
| Group 1 Automotive, Inc. |  |  |
| 4.000%, due 8/15/28 | 122000 | 107294 |
| Lithia Motors, Inc. |  |  |
| 4.375%, due 1/15/31 | 124000 | 105574 |
| Macy's Retail Holdings LLC |  |  |
| 6.125%, due 3/15/32 | 99000 | 88605 |
| Nordstrom, Inc. |  |  |
| 4.375%, due 4/1/30 | 103000 | 82640 |

---

Schedule of Investments — IQ MacKay ESG High Income ETF (continued)

January 31, 2023 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Corporate Bonds (continued)** |  |  |
| **Retail (continued)** |  |  |
| QVC, Inc. |  |  |
| 4.850%, due 4/1/24 | $93000 | $88501 |
| Sonic Automotive, Inc. |  |  |
| 4.625%, due 11/15/29 | 112000 | 93083 |
| 4.875%, due 11/15/31 | 94000 | 75058 |
| White Cap Parent LLC |  |  |
| 8.250%, due 3/15/26 | 243000 | 221738 |
| Yum! Brands, Inc. |  |  |
| 4.625%, due 1/31/32 | 167000 | 151943 |
|  |  | 1487642 |
| **Software — 3.4%** |  |  |
| Clarivate Science Holdings Corp. |  |  |
| 4.875%, due 7/1/29 | 200000 | 175985 |
| Fair Isaac Corp. |  |  |
| 5.250%, due 5/15/26 | 249000 | 247195 |
| MSCI, Inc. |  |  |
| 4.000%, due 11/15/29 | 196000 | 178360 |
| PTC, Inc. |  |  |
| 3.625%, due 2/15/25 | 157000 | 150553 |
| 4.000%, due 2/15/28 | 135000 | 125769 |
|  |  | 877862 |
| **Telecommunications — 1.1%** |  |  |
| CommScope, Inc. |  |  |
| 4.750%, due 9/1/29 | 200000 | 166472 |
| Level 3 Financing, Inc. |  |  |
| 3.750%, due 7/15/29 | 166000 | 121353 |
|  |  | 287825 |
| **Transportation — 0.7%** |  |  |
| First Student Bidco, Inc. / First Transit Parent, Inc. |  |  |
| 4.000%, due 7/31/29 | 223000 | 185671 |
| **Total Corporate Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $20,749,313)** |  | **21420986** |
| **Foreign Bonds — 15.4%** |  |  |
| **Aerospace & Defense — 1.2%** |  |  |
| Bombardier, Inc., (Canada) |  |  |
| 7.500%, due 2/1/29 | 36000 | 35965 |
| 7.875%, due 4/15/27 | 288000 | 287755 |
|  |  | 323720 |
| **Banks — 1.5%** |  |  |
| Intesa Sanpaolo SpA, (Italy) |  |  |
| 5.710%, due 1/15/26 | 83000 | 81561 |
| UniCredit SpA, (Italy) |  |  |
| &nbsp;&nbsp;7.296%, (USD 5 Year Swap + 4.91%), due 4/2/34<sup>(a)</sup> | 330000 | 320848 |
|  |  | 402409 |
| **Beverages — 0.5%** |  |  |
| Primo Water Holdings, Inc., (Canada) |  |  |
| 4.375%, due 4/30/29 | 137000 | 119497 |
| **Chemicals — 1.4%** |  |  |
| INEOS Quattro Finance 2 PLC, (United Kingdom) |  |  |
| 3.375%, due 1/15/26 | 139000 | 127580 |
| SPCM SA, (France) |  |  |
| 3.125%, due 3/15/27 | 264000 | 232418 |
|  |  | 359998 |
| **Commercial Services — 0.9%** |  |  |
| Ritchie Bros Auctioneers, Inc., (Canada) |  |  |
| 5.375%, due 1/15/25 | 246000 | 242971 |
| **Electric — 0.9%** |  |  |
| Electricite de France SA, (France) |  |  |
| &nbsp;&nbsp;5.625%, (USD 10 Year Swap + 3.04%), due 7/22/71<sup>(a)</sup> | 243000 | 236317 |
| **Environmental Control — 0.3%** |  |  |
| GFL Environmental, Inc., (Canada) |  |  |
| 3.500%, due 9/1/28 | 90000 | 80250 |
| **Forest Products & Paper — 0.4%** |  |  |
| Ahlstrom-Munksjo Holding 3 Oy, (Finland) |  |  |
| 4.875%, due 2/4/28 | 123000 | 105207 |
| **Home Builders — 1.6%** |  |  |
| Brookfield Residential Properties, Inc. / Brookfield Residential US LLC, (Canada) |  |  |
| 5.000%, due 6/15/29 | 328000 | 260481 |
| Mattamy Group Corp., (Canada) |  |  |
| 5.250%, due 12/15/27 | 171000 | 156465 |
|  |  | 416946 |
| **Machinery-Diversified — 0.4%** |  |  |
| Husky III Holding Ltd., (Canada) |  |  |
| 13.000%, due 2/15/25 | 113000 | 104728 |
| **Media — 2.4%** |  |  |
| UPC Broadband Finco BV, (Netherlands) |  |  |
| 4.875%, due 7/15/31 | 104000 | 91496 |
| Virgin Media Finance PLC, (United Kingdom) |  |  |
| 5.000%, due 7/15/30 | 98000 | 82260 |
| Virgin Media Secured Finance PLC, (United Kingdom) |  |  |
| 5.500%, due 5/15/29 | 135000 | 125238 |
| Virgin Media Vendor Financing Notes IV DAC, (United Kingdom) |  |  |
| 5.000%, due 7/15/28 | 79000 | 71700 |
| VZ Secured Financing BV, (Netherlands) |  |  |
| 5.000%, due 1/15/32 | 114000 | 97622 |
| Ziggo Bond Co. BV, (Netherlands) |  |  |
| 5.125%, due 2/28/30 | 83000 | 68600 |
| Ziggo BV, (Netherlands) |  |  |
| 4.875%, due 1/15/30 | 101000 | 87975 |
|  |  | 624891 |
| **Retail — 0.7%** |  |  |
| 1011778 BC ULC / New Red Finance, Inc., (Canada) |  |  |
| 4.000%, due 10/15/30 | 202000 | 171952 |
| **Software — 0.6%** |  |  |
| Open Text Corp., (Canada) |  |  |
| 3.875%, due 12/1/29 | 179000 | 148865 |
| **Telecommunications — 2.6%** |  |  |
| Iliad Holding SASU, (France) |  |  |
| 7.000%, due 10/15/28 | 150000 | 140877 |
| Telecom Italia Capital SA, (Italy) |  |  |
| 7.721%, due 6/4/38 | 306000 | 263888 |
| Vmed O2 UK Financing I PLC, (United Kingdom) |  |  |
| 4.750%, due 7/15/31 | 149000 | 126654 |

---

Schedule of Investments — IQ MacKay ESG High Income ETF (continued)

January 31, 2023 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Foreign Bonds (continued)** |  |  |
| **Telecommunications (continued)** |  |  |
| Vodafone Group PLC, (United Kingdom) |  |  |
| &nbsp;&nbsp;7.000%, (USD 5 Year Swap + 4.87%), due 4/4/79<sup>(a)</sup> | $148000 | $152427 |
|  |  | 683846 |
| **Total Foreign Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $3,840,462)** |  | **4021597** |
|  | **Shares** | **Value** |
| **Short-Term Investment — 1.5%** |  |  |
| **Money Market Fund — 1.5%** |  |  |
| BlackRock Liquidity Funds Treasury Trust Fund Portfolio, Institutional Class, 4.07%<sup>(b)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $382,897)** | 382897 | **382897** |
| **Total Investments — 98.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $24,972,672)** |  | **25825480** |
| **Other Assets and Liabilities, Net — 1.2%** |  | **323140** |
| **Net Assets — 100.0%** |  | $**26148620** |

---

(a) Variable rate securities that may be tendered back to the issuer at any time prior to maturity at par. Rate shown is the rate in effect as of January 31, 2023.

(b) Reflects the 7-day yield at January 31, 2023.

---

| | |
|:---|:---|
| **Abbreviations** | **Abbreviations** |
| CMT | - Constant Maturity Treasury Index |

---

Schedule of Investments — IQ MacKay ESG High Income ETF (continued)

January 31, 2023 (unaudited)

The following is a summary of the inputs used to value the Fund's investments as of January 31, 2023. For more information on the valuation techniques, and their aggregation into the levels used in the table below, please refer to the Fund's most recent semi-annual or annual financial statements.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Asset Valuation Inputs** |  |  |  |  |
| Investments in Securities:<sup>(a)</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $21420986 | $– | $21420986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds |  | 4021597 |  | 4021597 |
| Short-Term Investment: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Fund | 382897 | – | – | 382897 |
| Total Investments in Securities | $382897 | $25442583 | $– | $25825480 |

---

(a) For a complete listing of investments and their states, see the Schedule of Investments.

For the period ended January 31, 2023 the Fund did not have any transfers into or out of Level 3 within the fair value hierarchy.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** IndexIQ Active ETF Trust

- **b. Investment Company Act file number:** 811-22739

- **c. CIK number of Registrant:** 0001426439

- **d. LEI of Registrant:** 549300VWZDQ61K9DOP39

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

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 888-474-7725

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

- **a. Name of Series:** IQ MacKay ESG High Income ETF

- **b. EDGAR series identifier (if any):** S000077600

- **c. LEI of Series:** 5493006GCBGULIUNP989

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

- **a. Date of fiscal year-end:** 2023-04-30

- **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:** $26218691.91

**Total Liabilities:** $70071.63

**Net Assets:** $26148620.28

**Delayed Delivery Securities:** $35000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1.18092000 | **1-Year:** 163.87301000 | **5-Year:** 821.96110000 | **10-Year:** 68.45658000 | **30-Year:** 0.00000000

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

- **3-Month:** 6.27716000 | **1-Year:** 1591.84408000 | **5-Year:** 7085.04757000 | **10-Year:** 893.21248000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238088 | 2.38%                | -0.64%               | 3.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9149.68                 | $442101.54                                 |
| Month 2  | $71659.76                | $-396604.74                                |
| Month 3  | $-1768.07                | $771649.09                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Very Liquid High Yield Index

- **Index Identifier:** LHMN4860

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALBERTSONS COS/SAFEWAY   | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    213000 | PA      | $201934.65    | 0.77%             | 2027-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC            | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    103000 | PA      | $82639.99     | 0.32%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC       | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAA7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |    281000 | PA      | $217072.50    | 0.83%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AHLSTROM-MUNKSJO HLDG 3  | Ahlstrom-Munksjo Holding 3 Oy                                                    | CUSIP: 84612JAA0<br>LEI: 743700UEY0YM039XN974 | Long             | DBT              | CORP              | FI        |    123000 | PA      | $105206.95    | 0.40%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP      | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $175985.00    | 0.67%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    122000 | PA      | $104876.39    | 0.40%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROCKCLIFF ENERGY II LLC  | Rockcliff Energy II LLC                                                          | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |     89000 | PA      | $84660.37     | 0.32%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    262000 | PA      | $254020.38    | 0.97%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC   | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    262000 | PA      | $228912.02    | 0.88%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP     | Range Resources Corp                                                             | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |     76000 | PA      | $68077.33     | 0.26%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC   | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    129000 | PA      | $115455.00    | 0.44%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC            | TransDigm Inc                                                                    | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     82000 | PA      | $73977.12     | 0.28%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC    | Uber Technologies Inc                                                            | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    158000 | PA      | $140669.38    | 0.54%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |    133000 | PA      | $129834.60    | 0.50%             | 2028-08-28      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP      | Meritage Homes Corp                                                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     86000 | PA      | $76217.50     | 0.29%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP    | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    127000 | PA      | $113081.44    | 0.43%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR | Cogent Communications Group Inc                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     85000 | PA      | $78697.68     | 0.30%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SPCM SA                  | SPCM SA                                                                          | CUSIP: 7846ELAD9<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    264000 | PA      | $232417.60    | 0.89%             | 2027-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM  | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    251000 | PA      | $249431.25    | 0.95%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRST STU BID/FRST TRANS  | First Student Bidco Inc / First Transit Parent Inc                               | CUSIP: 337120AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    223000 | PA      | $185670.60    | 0.71%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WHITE CAP PARENT LLC     | White Cap Parent LLC                                                             | CUSIP: 96351CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    243000 | PA      | $221737.50    | 0.85%             | 2026-03-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC        | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99543.40     | 0.38%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC         | Vital Energy Inc                                                                 | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66669.69     | 0.25%             | 2028-01-15      | Fixed         | 10.12%                | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC       | Vodafone Group PLC                                                               | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    148000 | PA      | $152426.68    | 0.58%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC    | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    140000 | PA      | $115057.60    | 0.44%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61126.80     | 0.23%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                | Olin Corp                                                                        | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    104000 | PA      | $98300.80     | 0.38%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC      | Delta Air Lines Inc                                                              | CUSIP: 247361ZN1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69696.75     | 0.27%             | 2028-04-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP             | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     99000 | PA      | $88134.75     | 0.34%             | 2029-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP    | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $101535.60    | 0.39%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC      | Churchill Downs Inc                                                              | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    138000 | PA      | $129121.08    | 0.49%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEMPO ACQUISITION LLC/FI | Tempo Acquisition LLC / Tempo Acquisition Finance Corp                           | CUSIP: 88023JAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    248000 | PA      | $250356.00    | 0.96%             | 2025-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TAP ROCK RESOURCES LLC   | Tap Rock Resources LLC                                                           | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |     76000 | PA      | $71934.00     | 0.28%             | 2026-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY       | Ford Motor Co                                                                    | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    145000 | PA      | $115081.73    | 0.44%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR | Occidental Petroleum Corp                                                        | CUSIP: 674599CW3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    272000 | PA      | $260728.65    | 1.00%             | 2024-08-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER   | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176186.00    | 0.67%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE   | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37750.04     | 0.14%             | 2026-12-01      | Fixed         | 4.25%                 | 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        |    127000 | PA      | $124460.00    | 0.48%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP          | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    249000 | PA      | $247194.75    | 0.95%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR | Occidental Petroleum Corp                                                        | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111105.50    | 0.42%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS        | Iliad Holding SASU                                                               | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $140877.00    | 0.54%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL   | Williams Scotsman International Inc                                              | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     72000 | PA      | $66711.96     | 0.26%             | 2028-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2  | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAA2<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    139000 | PA      | $127579.76    | 0.49%             | 2026-01-15      | Fixed         | 3.38%                 | 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        |    112000 | PA      | $109922.40    | 0.42%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE  | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $89400.00     | 0.34%             | 2029-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC      | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    115000 | PA      | $104892.68    | 0.40%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE           | Brink's Co/The                                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     71000 | PA      | $66242.09     | 0.25%             | 2027-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN       | Seagate HDD Cayman                                                               | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    177000 | PA      | $156870.68    | 0.60%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| FOOT LOCKER INC          | Foot Locker Inc                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |    112000 | PA      | $94693.76     | 0.36%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC    | Carriage Services Inc                                                            | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $164550.00    | 0.63%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                | Olin Corp                                                                        | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     95000 | PA      | $92447.99     | 0.35%             | 2029-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN    | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    291000 | PA      | $281216.58    | 1.08%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC         | Vital Energy Inc                                                                 | CUSIP: 516806AH9<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |    126000 | PA      | $116197.20    | 0.44%             | 2029-07-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC             | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    135000 | PA      | $128886.19    | 0.49%             | 2027-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    200000 | PA      | $163777.00    | 0.63%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GARTNER INC              | Gartner Inc                                                                      | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113998.80    | 0.44%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM CO      | Callon Petroleum Co                                                              | CUSIP: 13123XAZ5<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     87000 | PA      | $83794.18     | 0.32%             | 2026-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    132000 | PA      | $125963.34    | 0.48%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP  | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    124000 | PA      | $105050.63    | 0.40%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC        | Iron Mountain Inc                                                                | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     88000 | PA      | $75406.32     | 0.29%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY           | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAS2<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196050.00    | 0.75%             | 2025-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC     | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $74116.22     | 0.28%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC        | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    131000 | PA      | $118251.08    | 0.45%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA            | UniCredit SpA                                                                    | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    330000 | PA      | $320847.59    | 1.23%             | 2034-04-02      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PRA HEALTH SCIENCES INC  | PRA Health Sciences Inc                                                          | CUSIP: 45569KAA1<br>LEI: 549300R1HR1VWWHIAK47 | Long             | DBT              | CORP              | US        |    284000 | PA      | $259908.28    | 0.99%             | 2026-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC   | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    122000 | PA      | $107294.12    | 0.41%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUSKY III HOLDING LTD    | Husky III Holding Ltd                                                            | CUSIP: 44810RAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    113000 | PA      | $104728.40    | 0.40%             | 2025-02-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP           | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    179000 | PA      | $148865.37    | 0.57%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                 | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    101000 | PA      | $87975.04     | 0.34%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    139000 | PA      | $119598.38    | 0.46%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION        | Xerox Corp                                                                       | CUSIP: 984121CJ0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    139000 | PA      | $134830.00    | 0.52%             | 2024-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP             | Centene Corp                                                                     | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    124000 | PA      | $117807.44    | 0.45%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP  | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    126000 | PA      | $110218.97    | 0.42%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP    | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    149000 | PA      | $138182.60    | 0.53%             | 2028-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC        | Herc Holdings Inc                                                                | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     76000 | PA      | $72770.00     | 0.28%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI  | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    200000 | PA      | $171766.00    | 0.66%             | 2028-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL        | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    124000 | PA      | $104202.16    | 0.40%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| QVC INC                  | QVC Inc                                                                          | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     93000 | PA      | $88500.97     | 0.34%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC  | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     99000 | PA      | $88605.00     | 0.34%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC      | Cheniere Energy Inc                                                              | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |     87000 | PA      | $82837.05     | 0.32%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BLACKROCK TREASURY TRUST | BLACKROCK TREASURY TRUST                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    382897 | NS      | $382896.60    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVELIS CORP             | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    102000 | PA      | $92342.64     | 0.35%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM CO      | Callon Petroleum Co                                                              | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    103000 | PA      | $99652.50     | 0.38%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     96000 | PA      | $93159.34     | 0.36%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD      | NCL Corp Ltd                                                                     | CUSIP: 62886HBL4<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     35000 | PA      | $35481.25     | 0.14%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP   | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    121000 | PA      | $94325.55     | 0.36%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| XHR LP                   | XHR LP                                                                           | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |     84000 | PA      | $74550.00     | 0.29%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO | Scientific Games Holdings LP/Scientific Games US FinCo Inc                       | CUSIP: 80874DAA4<br>LEI: 549300W5GPFXXB6TQ330 | Long             | DBT              | CORP              | US        |    120000 | PA      | $106893.00    | 0.41%             | 2030-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     95000 | PA      | $86687.50     | 0.33%             | 2026-08-15      | Fixed         | 4.12%                 | 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        |    137000 | PA      | $115585.53    | 0.44%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PTC INC                  | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    135000 | PA      | $125769.38    | 0.48%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC          | Hanesbrands Inc                                                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186250.00    | 0.71%             | 2026-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    171000 | PA      | $143436.94    | 0.55%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC     | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    151000 | PA      | $142317.50    | 0.54%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    201000 | PA      | $247732.50    | 0.95%             | 2027-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107070.00    | 0.41%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    328000 | PA      | $260481.20    | 1.00%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC | iHeartCommunications Inc                                                         | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    261000 | PA      | $233921.25    | 0.89%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BALL CORP                | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     97000 | PA      | $100040.95    | 0.38%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FIN LTD | Transocean Titan Financing Ltd                                                   | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     20000 | PA      | $20754.40     | 0.08%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC          | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    167000 | PA      | $151943.28    | 0.58%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC         | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168452.00    | 0.64%             | 2028-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC              | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    167000 | PA      | $159144.39    | 0.61%             | 2028-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP   | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $128262.50    | 0.49%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC | Primo Water Holdings Inc                                                         | CUSIP: 74168LAA4<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |    137000 | PA      | $119496.88    | 0.46%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA      | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     83000 | PA      | $81560.87     | 0.31%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC  | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    267000 | PA      | $260391.75    | 1.00%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO MGMT  | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $68493.12     | 0.26%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    202000 | PA      | $171952.50    | 0.66%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 69867DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    250000 | PA      | $248350.00    | 0.95%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP              | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    112000 | PA      | $112834.24    | 0.43%             | 2030-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC         | HealthEquity Inc                                                                 | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |     79000 | PA      | $70728.70     | 0.27%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    163000 | PA      | $158110.00    | 0.60%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP          | Sealed Air Corp                                                                  | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25222.50     | 0.10%             | 2028-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP       | Mattamy Group Corp                                                               | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    171000 | PA      | $156465.00    | 0.60%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS   | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107000 | PA      | $92501.57     | 0.35%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV   | UPC Broadband Finco BV                                                           | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    104000 | PA      | $91496.08     | 0.35%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES          | Thor Industries Inc                                                              | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |     47000 | PA      | $39081.44     | 0.15%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC        | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    133000 | PA      | $117040.00    | 0.45%             | 2030-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP             | Centene Corp                                                                     | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    125000 | PA      | $108281.06    | 0.41%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT | Western Midstream Operating LP                                                   | CUSIP: 958254AK0<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     90000 | PA      | $84825.00     | 0.32%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC     | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    112000 | PA      | $93082.64     | 0.36%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP         | Lamar Media Corp                                                                 | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107000 | PA      | $95230.00     | 0.36%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP     | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    221000 | PA      | $215313.67    | 0.82%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP      | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    177000 | PA      | $150118.13    | 0.57%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC       | AMN Healthcare Inc                                                               | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |     79000 | PA      | $68526.97     | 0.26%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC      | United Airlines Inc                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     97000 | PA      | $92085.49     | 0.35%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    137000 | PA      | $121930.00    | 0.47%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MSCI INC                 | MSCI Inc                                                                         | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    196000 | PA      | $178360.00    | 0.68%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    140000 | PA      | $131336.80    | 0.50%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC      | Delta Air Lines Inc                                                              | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     62000 | PA      | $64532.32     | 0.25%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $91035.00     | 0.35%             | 2029-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP             | Calpine Corp                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    141000 | PA      | $130109.19    | 0.50%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC     | Howmet Aerospace Inc                                                             | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    209000 | PA      | $212657.50    | 0.81%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP   | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    117000 | PA      | $114660.00    | 0.44%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV         | Ziggo Bond Co BV                                                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |     83000 | PA      | $68599.50     | 0.26%             | 2030-02-28      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $181392.99    | 0.69%             | 2027-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC           | Bombardier Inc                                                                   | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     36000 | PA      | $35965.08     | 0.14%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NCR CORP                 | NCR Corp                                                                         | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174210.85    | 0.67%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC     | EnLink Midstream LLC                                                             | CUSIP: 29336TAC4<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87975.00     | 0.34%             | 2028-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC        | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     81000 | PA      | $75117.25     | 0.29%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC    | GFL Environmental Inc                                                            | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $80250.30     | 0.31%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO   | Southwestern Energy Co                                                           | CUSIP: 845467AN9<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    195000 | PA      | $203361.60    | 0.78%             | 2027-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP             | Centene Corp                                                                     | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    163000 | PA      | $156361.01    | 0.60%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP              | Vistra Corp                                                                      | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147037.50    | 0.56%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC           | Bombardier Inc                                                                   | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    288000 | PA      | $287754.56    | 1.10%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC            | B&G Foods Inc                                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    218000 | PA      | $176307.50    | 0.67%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP    | Tenet Healthcare Corp                                                            | CUSIP: 88033GDP2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    131000 | PA      | $127163.01    | 0.49%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC          | Global Atlantic Fin Co                                                           | CUSIP: 37959GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96000 | PA      | $82644.08     | 0.32%             | 2051-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR | Occidental Petroleum Corp                                                        | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     81000 | PA      | $90112.50     | 0.34%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC             | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    108000 | PA      | $96682.29     | 0.37%             | 2030-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC            | TransDigm Inc                                                                    | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    106000 | PA      | $95644.36     | 0.37%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC      | Sirius XM Radio Inc                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77186.70     | 0.30%             | 2030-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    127000 | PA      | $120650.00    | 0.46%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC        | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    124000 | PA      | $105573.60    | 0.40%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC   | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    120000 | PA      | $103200.00    | 0.39%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP   | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $62725.00     | 0.24%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP       | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     88000 | PA      | $80781.98     | 0.31%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC   | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    128000 | PA      | $103040.00    | 0.39%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC      | Sirius XM Radio Inc                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    107000 | PA      | $95240.70     | 0.36%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |     98000 | PA      | $82260.22     | 0.31%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC            | TransDigm Inc                                                                    | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89968.30     | 0.34%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN         | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    149000 | PA      | $126653.91    | 0.48%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CDI ESCROW ISSUER INC    | CDI Escrow Issuer Inc                                                            | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $119385.00    | 0.46%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA         | Beazer Homes USA Inc                                                             | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     92000 | PA      | $84985.00     | 0.33%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC            | Cable One Inc                                                                    | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |     96000 | PA      | $79154.63     | 0.30%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC    | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    166000 | PA      | $121352.64    | 0.46%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC          | Hanesbrands Inc                                                                  | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196514.00    | 0.75%             | 2024-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC  | Standard Industries Inc/NJ                                                       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170974.18    | 0.65%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC     | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24540.00     | 0.09%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV | Virgin Media Vendor Financing Notes IV DAC                                       | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |     79000 | PA      | $71700.40     | 0.27%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM         | Callon Petroleum Co                                                              | CUSIP: 13123XBD3<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     81000 | PA      | $80956.26     | 0.31%             | 2028-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $141976.12    | 0.54%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC    | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    171000 | PA      | $146205.00    | 0.56%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE           | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    134000 | PA      | $109545.00    | 0.42%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC    | Bath & Body Works Inc                                                            | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $268293.00    | 1.03%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP   | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $99132.95     | 0.38%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP             | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     94000 | PA      | $76847.07     | 0.29%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC | Ford Motor Credit Co LLC                                                         | CUSIP: 345397YT4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    128000 | PA      | $115520.00    | 0.44%             | 2027-11-02      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP    | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     76000 | PA      | $69666.16     | 0.27%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC      | Sirius XM Radio Inc                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     84000 | PA      | $69247.92     | 0.26%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP   | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96000 | PA      | $82028.16     | 0.31%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP   | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    133000 | PA      | $116214.07    | 0.44%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP             | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    163000 | PA      | $147515.00    | 0.56%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PTC INC                  | PTC Inc                                                                          | CUSIP: 69370CAB6<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    157000 | PA      | $150552.53    | 0.58%             | 2025-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP  | Gates Global LLC / Gates Corp                                                    | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $73862.81     | 0.28%             | 2026-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    136000 | PA      | $118747.04    | 0.45%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR | Occidental Petroleum Corp                                                        | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    112000 | PA      | $131880.00    | 0.50%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS AUCTIONEERS | Ritchie Bros Auctioneers Inc                                                     | CUSIP: 767744AA3<br>LEI: 5493002H8U24DJXQ4886 | Long             | DBT              | CORP              | CA        |    246000 | PA      | $242970.53    | 0.93%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC     | Sonic Automotive Inc                                                             | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     94000 | PA      | $75058.06     | 0.29%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    135000 | PA      | $125238.15    | 0.48%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE           | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    116000 | PA      | $103240.00    | 0.39%             | 2026-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC            | CommScope Inc                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166472.00    | 0.64%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP    | Encompass Health Corp                                                            | CUSIP: 421924BT7<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    219000 | PA      | $217358.24    | 0.83%             | 2025-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA | Electricite de France SA                                                         | CUSIP: 268317AM6<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    243000 | PA      | $236317.50    | 0.90%             | N/A             | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV  | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    114000 | PA      | $97621.62     | 0.37%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO   | Southwestern Energy Co                                                           | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    114000 | PA      | $106162.50    | 0.41%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL   | Telecom Italia Capital SA                                                        | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    306000 | PA      | $263888.28    | 1.01%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| RAIN CII CARBON LLC/CII  | Rain CII Carbon LLC / CII Carbon Corp                                            | CUSIP: 75079RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9402.67      | 0.04%             | 2025-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC    | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    197000 | PA      | $178443.59    | 0.68%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY BUYER INC    | CD&R Smokey Buyer Inc                                                            | CUSIP: 12510CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $226875.00    | 0.87%             | 2025-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-27

**Name of Applicant:** IndexIQ Active ETF Trust

**Signature:** Adefolahan Oyefeso

**Name of Signer:** Adefolahan Oyefeso

**Title:** Director and Vice President, IndexIQ