Principal Amount† | | | Value | Percentage of Net Assets |
CORPORATE BONDS/NOTES: 96.1% | |
| | Basic Materials: 5.8% |
400,000 | (1) | ASP Unifrax Holdings, Inc., 5.250%, 09/30/2028 | $ | 322,397 | 0.1 |
900,000 | (1),(2) | ASP Unifrax Holdings, Inc., 7.500%, 09/30/2029 | 572,400 | 0.1 |
1,300,000 | (1),(2) | Cleveland-Cliffs, Inc., 4.625%, 03/01/2029 | 1,155,629 | 0.2 |
700,000 | (1),(2) | Cleveland-Cliffs, Inc., 4.875%, 03/01/2031 | 619,105 | 0.1 |
1,375,000 | (1),(2) | Coeur Mining, Inc., 5.125%, 02/15/2029 | 1,074,874 | 0.2 |
1,450,000 | (1) | Consolidated Energy Finance S.A., 5.625%, 10/15/2028 | 1,233,916 | 0.3 |
1,250,000 | (1) | Constellium SE, 5.625%, 06/15/2028 | 1,157,275 | 0.2 |
800,000 | (1) | First Quantum Minerals Ltd., 6.875%, 10/15/2027 | 752,227 | 0.2 |
2,425,000 | (1) | HudBay Minerals, Inc., 4.500%, 04/01/2026 | 2,205,682 | 0.5 |
1,425,000 | (1) | Illuminate Buyer LLC / Illuminate Holdings IV, Inc., 9.000%, 07/01/2028 | 1,195,363 | 0.3 |
1,575,000 | (1) | INEOS Quattro Finance 2 Plc, 3.375%, 01/15/2026 | 1,448,992 | 0.3 |
1,850,000 | (1),(3) | Iris Holdings, Inc., 8.750% (PIK Rate 9.500%, Cash Rate 8.750%), 02/15/2026 | 1,591,000 | 0.3 |
1,725,000 | (1) | LSF11 A5 Holdco LLC, 6.625%, 10/15/2029 | 1,427,284 | 0.3 |
1,900,000 | (1) | Mativ, Inc., 6.875%, 10/01/2026 | 1,681,253 | 0.4 |
1,700,000 | (1) | Novelis Corp., 3.875%, 08/15/2031 | 1,390,162 | 0.3 |
475,000 | (1) | Novelis Corp., 4.750%, 01/30/2030 | 422,190 | 0.1 |
1,500,000 | (1) | Nufarm Australia Ltd. / Nufarm Americas, Inc., 5.000%, 01/27/2030 | 1,301,760 | 0.3 |
950,000 | (2) | Olin Corp., 5.000%, 02/01/2030 | 868,561 | 0.2 |
975,000 | | Olin Corp., 5.125%, 09/15/2027 | 923,052 | 0.2 |
1,600,000 | (1) | Olympus Water US Holding Corp., 6.250%, 10/01/2029 | 1,216,810 | 0.3 |
315,000 | (1) | Olympus Water US Holding Corp., 7.125%, 10/01/2027 | 302,021 | 0.1 |
1,675,000 | (1) | Taseko Mines Ltd., 7.000%, 02/15/2026 | 1,474,987 | 0.3 |
1,490,000 | (1) | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc., 5.125%, 04/01/2029 | 967,040 | 0.2 |
1,625,000 | (1) | Tronox, Inc., 4.625%, 03/15/2029 | 1,353,828 | 0.3 |
| | | 26,657,808 | 5.8 |
| | | | |
| | Communications: 13.9% |
1,550,000 | (1) | Acuris Finance Us, Inc. / Acuris Finance SARL, 5.000%, 05/01/2028 | 1,244,549 | 0.3 |
2,000,000 | (1) | Altice France Holding SA, 6.000%, 02/15/2028 | 1,184,883 | 0.3 |
2,150,000 | (1) | Altice France SA/France, 5.500%, 10/15/2029 | 1,643,277 | 0.4 |
800,000 | (1) | Altice France SA/France, 8.125%, 02/01/2027 | 730,352 | 0.2 |
320,000 | | AMC Networks, Inc., 4.250%, 02/15/2029 | 199,862 | 0.0 |
1,825,000 | (1) | Audacy Capital Corp., 6.500%, 05/01/2027 | 346,246 | 0.1 |
1,850,000 | (1) | Beasley Mezzanine Holdings LLC, 8.625%, 02/01/2026 | 1,116,937 | 0.2 |
1,815,000 | (1) | CCO Holdings LLC / CCO Holdings Capital Corp., 4.250%, 01/15/2034 | 1,343,100 | 0.3 |
2,425,000 | | CCO Holdings LLC / CCO Holdings Capital Corp., 4.500%, 05/01/2032 | 1,934,968 | 0.4 |
1,325,000 | (1) | CCO Holdings LLC / CCO Holdings Capital Corp., 5.000%, 02/01/2028 | 1,206,008 | 0.3 |
2,125,000 | (1) | CCO Holdings LLC / CCO Holdings Capital Corp., 5.125%, 05/01/2027 | 1,985,324 | 0.4 |
1,100,000 | (1) | Clear Channel Outdoor Holdings, Inc., 7.500%, 06/01/2029 | 809,759 | 0.2 |
925,000 | (1) | Clear Channel Outdoor Holdings, Inc., 7.750%, 04/15/2028 | 676,456 | 0.1 |
650,000 | (1),(2) | CommScope Tech Finance LLC, 6.000%, 06/15/2025 | 592,839 | 0.1 |
400,000 | (1) | CommScope Technologies LLC, 5.000%, 03/15/2027 | 272,313 | 0.1 |
850,000 | (1) | CommScope, Inc., 4.750%, 09/01/2029 | 686,864 | 0.1 |
1,400,000 | (1) | CommScope, Inc., 7.125%, 07/01/2028 | 1,003,091 | 0.2 |
2,075,000 | (1) | Connect Finco SARL / Connect US Finco LLC, 6.750%, 10/01/2026 | 1,927,300 | 0.4 |
2,225,000 | (1) | CSC Holdings LLC, 4.625%, 12/01/2030 | 1,234,517 | 0.3 |
800,000 | (2) | CSC Holdings LLC, 5.250%, 06/01/2024 | 746,000 | 0.2 |
3,350,000 | (1) | CSC Holdings LLC, 5.750%, 01/15/2030 | 1,896,753 | 0.4 |
575,000 | (1) | CSC Holdings LLC, 7.500%, 04/01/2028 | 392,265 | 0.1 |
1,400,000 | (1) | Directv Financing LLC / Directv Financing Co-Obligor, Inc., 5.875%, 08/15/2027 | 1,255,184 | 0.3 |
1,850,000 | | DISH DBS Corp., 5.125%, 06/01/2029 | 1,196,922 | 0.3 |
650,000 | (1) | DISH DBS Corp., 5.250%, 12/01/2026 | 548,736 | 0.1 |
975,000 | (1) | DISH DBS Corp., 5.750%, 12/01/2028 | 780,000 | 0.2 |
950,000 | | DISH DBS Corp., 7.375%, 07/01/2028 | 673,669 | 0.1 |
1,300,000 | | Embarq Corp., 7.995%, 06/01/2036 | 607,366 | 0.1 |
825,000 | (1) | GCI LLC, 4.750%, 10/15/2028 | 694,415 | 0.2 |
1,875,000 | (1) | Gray Escrow II, Inc., 5.375%, 11/15/2031 | 1,354,566 | 0.3 |
625,000 | (1) | iHeartCommunications, Inc., 5.250%, 08/15/2027 | 530,415 | 0.1 |
1,400,000 | (1) | ION Trading Technologies Sarl, 5.750%, 05/15/2028 | 1,173,130 | 0.3 |
975,000 | (1) | LCPR Senior Secured Financing DAC, 5.125%, 07/15/2029 | 809,131 | 0.2 |
1,325,000 | (1) | LCPR Senior Secured Financing DAC, 6.750%, 10/15/2027 | 1,241,949 | 0.3 |
525,000 | | Lumen Technologies, Inc., 5.625%, 04/01/2025 | 504,678 | 0.1 |
1,550,000 | (1) | McGraw-Hill Education, Inc., 8.000%, 08/01/2029 | 1,283,815 | 0.3 |
1,675,000 | (1) | Millennium Escrow Corp., 6.625%, 08/01/2026 | 1,074,179 | 0.2 |
965,000 | | Netflix, Inc., 5.875%, 11/15/2028 | 980,469 | 0.2 |
1,200,000 | (4) | Paramount Global, 6.250%, 02/28/2057 | 969,352 | 0.2 |
2,000,000 | (1) | Radiate Holdco LLC / Radiate Finance, Inc., 6.500%, 09/15/2028 | 841,280 | 0.2 |
750,000 | (1) | Sinclair Television Group, Inc., 4.125%, 12/01/2030 | 563,274 | 0.1 |
925,000 | (1),(2) | Sinclair Television Group, Inc., 5.500%, 03/01/2030 | 648,300 | 0.1 |
3,125,000 | (1) | Sirius XM Radio, Inc., 5.000%, 08/01/2027 | 2,895,503 | 0.6 |
1,600,000 | (1) | Spanish Broadcasting System, Inc., 9.750%, 03/01/2026 | 922,000 | 0.2 |
2,875,000 | | Sprint Corp., 7.125%, 06/15/2024 | 2,937,503 | 0.6 |
940,000 | | Sprint Corp., 7.625%, 03/01/2026 | 991,236 | 0.2 |
1,600,000 | (1) | Stagwell Global LLC, 5.625%, 08/15/2029 | 1,322,328 | 0.3 |
725,000 | | Telecom Italia Capital SA, 6.000%, 09/30/2034 | 549,068 | 0.1 |
800,000 | | Telecom Italia Capital SA, 6.375%, 11/15/2033 | 655,704 | 0.1 |
675,000 | (1) | Univision Communications, Inc., 4.500%, 05/01/2029 | 565,741 | 0.1 |
2,650,000 | (1) | Univision Communications, Inc., 6.625%, 06/01/2027 | 2,562,378 | 0.6 |
1,300,000 | (1) | Urban One, Inc., 7.375%, 02/01/2028 | 1,100,528 | 0.2 |
1,525,000 | (1) | ViaSat, Inc., 5.625%, 09/15/2025 | 1,417,286 | 0.3 |
400,000 | (1) | ViaSat, Inc., 5.625%, 04/15/2027 | 364,040 | 0.1 |
650,000 | (1) | ViaSat, Inc., 6.500%, 07/15/2028 | 488,701 | 0.1 |
1,425,000 | (1) | Viavi Solutions, Inc., 3.750%, 10/01/2029 | 1,199,992 | 0.3 |
2,450,000 | (1) | Virgin Media Vendor Financing Notes IV DAC, 5.000%, 07/15/2028 | 2,145,324 | 0.5 |
1,500,000 | (1) | Vmed O2 UK Financing I PLC, 4.750%, 07/15/2031 | 1,221,458 | 0.3 |
2,300,000 | (1) | Zayo Group Holdings, Inc., 6.125%, 03/01/2028 | 1,309,226 | 0.3 |
| | | 63,552,509 | 13.9 |
| | | | |
| | Consumer, Cyclical: 23.8% |
1,285,000 | (1) | 1011778 BC ULC / New Red Finance, Inc., 4.000%, 10/15/2030 | 1,043,285 | 0.2 |
1,975,000 | (1) | Academy Ltd., 6.000%, 11/15/2027 | 1,893,642 | 0.4 |
1,750,000 | (1) | Adams Homes, Inc., 7.500%, 02/15/2025 | 1,493,314 | 0.3 |
1,900,000 | (1),(2) | Adient Global Holdings Ltd., 4.875%, 08/15/2026 | 1,771,636 | 0.4 |
2,075,000 | (1) | Affinity Gaming, 6.875%, 12/15/2027 | 1,761,860 | 0.4 |
500,000 | (1) | Allison Transmission, Inc., 3.750%, 01/30/2031 | 411,875 | 0.1 |
1,675,000 | (1) | Allison Transmission, Inc., 5.875%, 06/01/2029 | 1,575,966 | 0.3 |
1,093,515 | | American Airlines 2015-2 Class A Pass Through Trust, 4.000%, 03/22/2029 | 890,765 | 0.2 |
2,800,000 | (1) | American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.750%, 04/20/2029 | 2,564,130 | 0.6 |
1,550,000 | (1) | Arko Corp., 5.125%, 11/15/2029 | 1,219,075 | 0.3 |
1,000,000 | | Asbury Automotive Group, Inc., 4.500%, 03/01/2028 | 881,665 | 0.2 |
400,000 | (1) | Asbury Automotive Group, Inc., 4.625%, 11/15/2029 | 337,528 | 0.1 |
950,000 | | Asbury Automotive Group, Inc., 4.750%, 03/01/2030 | 795,812 | 0.2 |
1,900,000 | | Bath & Body Works, Inc., 6.750%, 07/01/2036 | 1,673,330 | 0.4 |
308,000 | (1) | Bath & Body Works, Inc., 9.375%, 07/01/2025 | 329,388 | 0.1 |
350,000 | (1),(3) | BCPE Ulysses Intermediate, Inc., 7.750% (PIK Rate 8.500%, Cash Rate 7.750%), 04/01/2027 | 216,706 | 0.0 |
1,350,000 | (1) | Caesars Entertainment, Inc., 6.250%, 07/01/2025 | 1,314,502 | 0.3 |
1,625,000 | (1) | Carnival Corp., 6.000%, 05/01/2029 | 1,085,918 | 0.2 |
1,800,000 | (1) | Carnival Corp., 9.875%, 08/01/2027 | 1,703,979 | 0.4 |
1,475,000 | (1) | CCM Merger, Inc., 6.375%, 05/01/2026 | 1,391,825 | 0.3 |
1,300,000 | (1) | Century Communities, Inc., 3.875%, 08/15/2029 | 1,023,815 | 0.2 |
1,100,000 | (1) | Cinemark USA, Inc., 8.750%, 05/01/2025 | 1,113,727 | 0.2 |
1,225,000 | (1) | Crocs, Inc., 4.125%, 08/15/2031 | 999,876 | 0.2 |
1,675,000 | (2) | Delta Air Lines 2020-1 Class A Pass Through Trust, 4.375%, 04/19/2028 | 1,495,782 | 0.3 |
455,000 | (2) | Delta Air Lines 2020-1 Class A Pass Through Trust, 7.375%, 01/15/2026 | 465,633 | 0.1 |
1,900,000 | (1) | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc., 6.750%, 01/15/2030 | 1,536,102 | 0.3 |
1,350,000 | (1) | Foot Locker, Inc., 4.000%, 10/01/2029 | 1,053,674 | 0.2 |
2,400,000 | | Ford Motor Co., 6.100%, 08/19/2032 | 2,220,678 | 0.5 |
2,165,000 | | Ford Motor Credit Co. LLC, 2.700%, 08/10/2026 | 1,882,792 | 0.4 |
3,100,000 | | Ford Motor Credit Co. LLC, 4.125%, 08/17/2027 | 2,781,614 | 0.6 |
1,760,000 | | Ford Motor Credit Co. LLC, 4.542%, 08/01/2026 | 1,624,700 | 0.4 |
1,430,000 | | Ford Motor Credit Co. LLC, 5.113%, 05/03/2029 | 1,298,154 | 0.3 |
1,000,000 | | Ford Motor Credit Co. LLC, 5.584%, 03/18/2024 | 989,050 | 0.2 |
1,575,000 | (1) | Foundation Building Materials, Inc., 6.000%, 03/01/2029 | 1,186,327 | 0.3 |
1,550,000 | (1) | Gap, Inc./The, 3.875%, 10/01/2031 | 1,083,582 | 0.2 |
900,000 | (1) | Golden Entertainment, Inc., 7.625%, 04/15/2026 | 888,477 | 0.2 |
1,500,000 | (2) | Goodyear Tire & Rubber Co/The, 5.250%, 07/15/2031 | 1,228,860 | 0.3 |
950,000 | (1) | Hilton Domestic Operating Co., Inc., 4.000%, 05/01/2031 | 796,755 | 0.2 |
1,625,000 | (1) | Installed Building Products, Inc., 5.750%, 02/01/2028 | 1,463,679 | 0.3 |
1,925,000 | (1) | Interface, Inc., 5.500%, 12/01/2028 | 1,592,045 | 0.3 |
2,678,000 | (1) | International Game Technology PLC, 5.250%, 01/15/2029 | 2,500,019 | 0.5 |
1,350,000 | (1) | LBM Acquisition LLC, 6.250%, 01/15/2029 | 860,830 | 0.2 |
1,775,000 | (1) | LCM Investments Holdings II LLC, 4.875%, 05/01/2029 | 1,423,707 | 0.3 |
1,700,000 | (1) | Lions Gate Capital Holdings LLC, 5.500%, 04/15/2029 | 987,865 | 0.2 |
550,000 | | M/I Homes, Inc., 3.950%, 02/15/2030 | 444,792 | 0.1 |
1,300,000 | | M/I Homes, Inc., 4.950%, 02/01/2028 | 1,157,052 | 0.3 |
655,000 | | Macy's Retail Holdings LLC, 4.500%, 12/15/2034 | 457,039 | 0.1 |
350,000 | (1) | Macy's Retail Holdings LLC, 5.875%, 03/15/2030 | 304,220 | 0.1 |
1,125,000 | (1) | Macy's Retail Holdings LLC, 6.125%, 03/15/2032 | 947,250 | 0.2 |
1,000,000 | | Mattel, Inc., 5.450%, 11/01/2041 | 815,621 | 0.2 |
1,925,000 | (1) | Melco Resorts Finance Ltd., 5.375%, 12/04/2029 | 1,547,873 | 0.3 |
1,275,000 | | Murphy Oil USA, Inc., 4.750%, 09/15/2029 | 1,168,926 | 0.3 |
350,000 | | Murphy Oil USA, Inc., 5.625%, 05/01/2027 | 340,456 | 0.1 |
1,725,000 | (1) | NCL Corp. Ltd., 7.750%, 02/15/2029 | 1,315,382 | 0.3 |
1,150,000 | (1) | NCL Finance Ltd., 6.125%, 03/15/2028 | 850,392 | 0.2 |
1,200,000 | (1) | Penn Entertainment, Inc., 4.125%, 07/01/2029 | 949,564 | 0.2 |
950,000 | (1) | Penn National Gaming, Inc., 5.625%, 01/15/2027 | 862,904 | 0.2 |
2,425,000 | (1) | PetSmart, Inc. / PetSmart Finance Corp., 7.750%, 02/15/2029 | 2,282,089 | 0.5 |
1,750,000 | (1) | Real Hero Merger Sub 2, Inc., 6.250%, 02/01/2029 | 1,201,900 | 0.3 |
3,675,000 | (1) | Royal Caribbean Cruises Ltd., 5.375%, 07/15/2027 | 2,980,245 | 0.7 |
850,000 | (1) | Royal Caribbean Cruises Ltd., 11.500%, 06/01/2025 | 913,495 | 0.2 |
850,000 | (1),(2) | Royal Caribbean Cruises Ltd., 11.625%, 08/15/2027 | 855,066 | 0.2 |
475,000 | | Sands China Ltd., 5.625%, 08/08/2025 | 454,761 | 0.1 |
1,200,000 | | Sands China Ltd., 5.900%, 08/08/2028 | 1,125,196 | 0.2 |
1,650,000 | (1) | Scientific Games Holdings L.P./Scientific Games US FinCo, Inc., 6.625%, 03/01/2030 | 1,395,900 | 0.3 |
1,325,000 | (1) | Scientific Games International, Inc., 7.000%, 05/15/2028 | 1,266,309 | 0.3 |
525,000 | (1) | Scientific Games International, Inc., 8.625%, 07/01/2025 | 536,509 | 0.1 |
1,600,000 | | Shea Homes L.P. / Shea Homes Funding Corp., 4.750%, 04/01/2029 | 1,347,912 | 0.3 |
1,425,000 | (1) | Sizzling Platter LLC / Sizzling Platter Finance Corp., 8.500%, 11/28/2025 | 1,312,976 | 0.3 |
1,875,000 | (1) | Sonic Automotive, Inc., 4.625%, 11/15/2029 | 1,503,765 | 0.3 |
525,000 | (1) | SRS Distribution, Inc., 6.000%, 12/01/2029 | 418,505 | 0.1 |
1,325,000 | (1) | SRS Distribution, Inc., 6.125%, 07/01/2029 | 1,073,012 | 0.2 |
2,525,000 | (1),(2) | Staples, Inc., 10.750%, 04/15/2027 | 1,822,242 | 0.4 |
1,975,000 | (1) | Station Casinos LLC, 4.500%, 02/15/2028 | 1,720,090 | 0.4 |
1,650,000 | (1) | STL Holding Co. LLC, 7.500%, 02/15/2026 | 1,462,643 | 0.3 |
1,550,000 | (1) | Taylor Morrison Communities, Inc., 5.125%, 08/01/2030 | 1,345,414 | 0.3 |
1,575,000 | (1) | Tempur Sealy International, Inc., 3.875%, 10/15/2031 | 1,238,690 | 0.3 |
1,425,000 | (1) | United Airlines 2015-1 Class AA Pass Through Trust, 4.625%, 04/15/2029 | 1,243,242 | 0.3 |
1,350,000 | (2) | United Airlines Holdings, Inc., 4.875%, 01/15/2025 | 1,291,572 | 0.3 |
600,000 | (1) | United Airlines, Inc., 4.375%, 04/15/2026 | 557,176 | 0.1 |
1,975,000 | (1),(2) | Victoria's Secret & Co., 4.625%, 07/15/2029 | 1,553,140 | 0.3 |
1,975,000 | (1) | Viking Cruises Ltd., 5.875%, 09/15/2027 | 1,613,070 | 0.4 |
650,000 | (1) | Viking Cruises Ltd., 13.000%, 05/15/2025 | 686,814 | 0.2 |
1,600,000 | (1) | White Cap Buyer LLC, 6.875%, 10/15/2028 | 1,386,630 | 0.3 |
575,000 | (1),(3) | White Cap Parent LLC, 8.250% (PIK Rate 9.000%, Cash Rate 8.250%), 03/15/2026 | 497,801 | 0.1 |
1,325,000 | (1) | William Carter Co/The, 5.625%, 03/15/2027 | 1,273,244 | 0.3 |
650,000 | (1) | Williams Scotsman International, Inc., 4.625%, 08/15/2028 | 587,665 | 0.1 |
1,775,000 | (1) | Wolverine World Wide, Inc., 4.000%, 08/15/2029 | 1,347,278 | 0.3 |
2,175,000 | (1) | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp., 5.250%, 05/15/2027 | 1,966,311 | 0.4 |
| | | 108,276,077 | 23.8 |
| | | | |
| | Consumer, Non-cyclical: 13.7% |
172,023 | (1) | 1375209 BC Ltd., 9.000%, 01/30/2028 | 168,367 | 0.0 |
1,600,000 | (1) | Acadia Healthcare Co., Inc., 5.500%, 07/01/2028 | 1,520,160 | 0.3 |
1,675,000 | (1) | ACCO Brands Corp., 4.250%, 03/15/2029 | 1,384,052 | 0.3 |
1,800,000 | (1) | ADT Security Corp./The, 4.125%, 08/01/2029 | 1,533,251 | 0.3 |
1,300,000 | (1) | Albertsons Cos, Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC, 3.500%, 03/15/2029 | 1,093,547 | 0.2 |
625,000 | (1) | Albertsons Cos, Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC, 4.875%, 02/15/2030 | 558,897 | 0.1 |
1,450,000 | (1) | Albertsons Cos, Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC, 5.875%, 02/15/2028 | 1,380,980 | 0.3 |
400,000 | (1) | Allied Universal Holdco LLC / Allied Universal Finance Corp., 6.000%, 06/01/2029 | 290,824 | 0.1 |
325,000 | (1) | Allied Universal Holdco LLC / Allied Universal Finance Corp., 6.625%, 07/15/2026 | 298,044 | 0.1 |
1,295,000 | (1) | Allied Universal Holdco LLC / Allied Universal Finance Corp., 9.750%, 07/15/2027 | 1,129,434 | 0.2 |
1,850,000 | (1) | Alta Equipment Group, Inc., 5.625%, 04/15/2026 | 1,672,733 | 0.4 |
1,825,000 | (1) | AMN Healthcare, Inc., 4.625%, 10/01/2027 | 1,685,917 | 0.4 |
850,000 | (1) | APi Escrow Corp., 4.750%, 10/15/2029 | 741,179 | 0.2 |
575,000 | (1) | APi Group DE, Inc., 4.125%, 07/15/2029 | 477,250 | 0.1 |
475,000 | (1) | Bausch Health Cos, Inc., 4.875%, 06/01/2028 | 303,008 | 0.1 |
305,000 | (1) | Bausch Health Cos, Inc., 11.000%, 09/30/2028 | 239,378 | 0.0 |
1,350,000 | (1) | BellRing Brands, Inc., 7.000%, 03/15/2030 | 1,300,759 | 0.3 |
2,075,000 | (1) | Cheplapharm Arzneimittel GmbH, 5.500%, 01/15/2028 | 1,738,394 | 0.4 |
725,000 | (1) | CHS/Community Health Systems, Inc., 4.750%, 02/15/2031 | 527,724 | 0.1 |
875,000 | (1) | CHS/Community Health Systems, Inc., 5.250%, 05/15/2030 | 661,344 | 0.1 |
1,075,000 | (1) | CHS/Community Health Systems, Inc., 5.625%, 03/15/2027 | 923,726 | 0.2 |
1,875,000 | (1) | CoreLogic, Inc., 4.500%, 05/01/2028 | 1,440,928 | 0.3 |
1,735,000 | (1) | CPI CG, Inc., 8.625%, 03/15/2026 | 1,713,117 | 0.4 |
600,000 | (1) | DaVita, Inc., 3.750%, 02/15/2031 | 449,133 | 0.1 |
1,555,000 | (1) | DaVita, Inc., 4.625%, 06/01/2030 | 1,254,172 | 0.3 |
1,850,000 | | Encompass Health Corp., 4.750%, 02/01/2030 | 1,627,532 | 0.4 |
1,275,000 | (1) | Graham Holdings Co., 5.750%, 06/01/2026 | 1,254,708 | 0.3 |
1,700,000 | (1) | Jazz Securities DAC, 4.375%, 01/15/2029 | 1,518,228 | 0.3 |
1,500,000 | (1) | KeHE Distributors LLC / KeHE Finance Corp., 8.625%, 10/15/2026 | 1,478,475 | 0.3 |
1,375,000 | (1) | Medline Borrower L.P., 3.875%, 04/01/2029 | 1,110,649 | 0.2 |
1,675,000 | (1),(2) | Medline Borrower L.P., 5.250%, 10/01/2029 | 1,333,392 | 0.3 |
1,200,000 | (1),(2) | MPH Acquisition Holdings LLC, 5.750%, 11/01/2028 | 800,655 | 0.2 |
1,650,000 | (1) | NESCO Holdings II, Inc., 5.500%, 04/15/2029 | 1,445,895 | 0.3 |
1,425,000 | | New Albertsons L.P., 7.450%, 08/01/2029 | 1,451,925 | 0.3 |
2,300,000 | (1) | Organon & Co. / Organon Foreign Debt Co-Issuer BV, 5.125%, 04/30/2031 | 1,995,561 | 0.4 |
1,375,000 | (1) | PECF USS Intermediate Holding III Corp., 8.000%, 11/15/2029 | 895,111 | 0.2 |
1,175,000 | (1) | Picasso Finance Sub, Inc., 6.125%, 06/15/2025 | 1,165,071 | 0.3 |
900,000 | (1) | Pilgrim's Pride Corp., 4.250%, 04/15/2031 | 766,800 | 0.2 |
875,000 | (1) | Post Holdings, Inc., 4.625%, 04/15/2030 | 756,722 | 0.2 |
1,725,000 | (1) | Post Holdings, Inc., 5.625%, 01/15/2028 | 1,626,339 | 0.4 |
1,900,000 | (1) | Primo Water Holdings, Inc., 4.375%, 04/30/2029 | 1,643,066 | 0.4 |
1,450,000 | (1) | Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, 4.625%, 03/01/2029 | 1,182,131 | 0.3 |
700,000 | (1) | Spectrum Brands, Inc., 3.875%, 03/15/2031 | 545,324 | 0.1 |
775,000 | (1) | Spectrum Brands, Inc., 5.500%, 07/15/2030 | 685,227 | 0.1 |
1,275,000 | (1) | Teleflex, Inc., 4.250%, 06/01/2028 | 1,166,153 | 0.3 |
800,000 | (1) | Tenet Healthcare Corp., 4.250%, 06/01/2029 | 694,516 | 0.1 |
425,000 | (1) | Tenet Healthcare Corp., 5.125%, 11/01/2027 | 396,215 | 0.1 |
2,250,000 | (1),(2) | Tenet Healthcare Corp., 6.125%, 10/01/2028 | 2,019,218 | 0.4 |
1,690,000 | (1) | Tenet Healthcare Corp., 6.125%, 06/15/2030 | 1,613,198 | 0.3 |
1,600,000 | | Teva Pharmaceutical Finance Netherlands III BV, 4.750%, 05/09/2027 | 1,448,240 | 0.3 |
1,550,000 | (1) | Triton Water Holdings, Inc., 6.250%, 04/01/2029 | 1,245,332 | 0.3 |
1,300,000 | (1) | United Natural Foods, Inc., 6.750%, 10/15/2028 | 1,251,159 | 0.3 |
455,000 | | United Rentals North America, Inc., 3.750%, 01/15/2032 | 371,794 | 0.1 |
960,000 | | United Rentals North America, Inc., 4.875%, 01/15/2028 | 911,861 | 0.2 |
315,000 | | United Rentals North America, Inc., 5.250%, 01/15/2030 | 296,527 | 0.1 |
1,185,000 | (1) | United Rentals North America, Inc., 6.000%, 12/15/2029 | 1,179,875 | 0.3 |
875,000 | | Universal Health Services, Inc., 2.650%, 10/15/2030 | 698,416 | 0.1 |
1,300,000 | (1) | Varex Imaging Corp., 7.875%, 10/15/2027 | 1,293,942 | 0.3 |
| | | 62,355,575 | 13.7 |
| | | | |
| | Energy: 16.4% |
1,900,000 | (1) | Aethon United BR L.P. / Aethon United Finance Corp., 8.250%, 02/15/2026 | 1,886,892 | 0.4 |
1,000,000 | (1) | Antero Midstream Partners L.P. / Antero Midstream Finance Corp., 5.375%, 06/15/2029 | 915,590 | 0.2 |
1,250,000 | (1) | Antero Midstream Partners L.P. / Antero Midstream Finance Corp., 5.750%, 03/01/2027 | 1,183,847 | 0.3 |
1,500,000 | (1),(2) | Antero Resources Corp., 5.375%, 03/01/2030 | 1,392,690 | 0.3 |
263,000 | (1) | Antero Resources Corp., 7.625%, 02/01/2029 | 264,802 | 0.1 |
1,125,000 | | Apache Corp., 5.100%, 09/01/2040 | 934,838 | 0.2 |
890,000 | | Apache Corp., 5.250%, 02/01/2042 | 732,825 | 0.2 |
1,625,000 | (1) | Archrock Partners L.P. / Archrock Partners Finance Corp., 6.250%, 04/01/2028 | 1,489,535 | 0.3 |
600,000 | (1) | Archrock Partners L.P. / Archrock Partners Finance Corp., 6.875%, 04/01/2027 | 573,747 | 0.1 |
1,700,000 | (1) | Ascent Resources Utica Holdings LLC / ARU Finance Corp., 5.875%, 06/30/2029 | 1,517,981 | 0.3 |
1,700,000 | (1) | Atlantica Sustainable Infrastructure PLC, 4.125%, 06/15/2028 | 1,510,627 | 0.3 |
1,450,000 | (1),(2) | Baytex Energy Corp., 8.750%, 04/01/2027 | 1,477,731 | 0.3 |
1,950,000 | (1) | Chesapeake Energy Corp., 6.750%, 04/15/2029 | 1,901,153 | 0.4 |
1,625,000 | (1) | Chord Energy Corp., 6.375%, 06/01/2026 | 1,584,895 | 0.4 |
1,350,000 | (1) | CNX Midstream Partners LP, 4.750%, 04/15/2030 | 1,109,653 | 0.2 |
1,800,000 | (1) | Colgate Energy Partners III LLC, 5.875%, 07/01/2029 | 1,548,289 | 0.3 |
1,900,000 | (1) | Comstock Resources, Inc., 5.875%, 01/15/2030 | 1,635,900 | 0.4 |
2,225,000 | (1) | Crescent Energy Finance LLC, 7.250%, 05/01/2026 | 2,099,543 | 0.5 |
2,200,000 | (1) | Crestwood Midstream Partners L.P. / Crestwood Midstream Finance Corp., 6.000%, 02/01/2029 | 2,021,702 | 0.5 |
600,000 | | DCP Midstream Operating L.P., 5.375%, 07/15/2025 | 595,398 | 0.1 |
1,090,000 | | Delek Logistics Partners L.P. / Delek Logistics Finance Corp., 6.750%, 05/15/2025 | 1,054,728 | 0.2 |
1,175,000 | (1) | Delek Logistics Partners L.P. / Delek Logistics Finance Corp., 7.125%, 06/01/2028 | 1,061,401 | 0.2 |
700,000 | (1) | DT Midstream, Inc., 4.125%, 06/15/2029 | 602,724 | 0.1 |
1,275,000 | (1) | DT Midstream, Inc., 4.375%, 06/15/2031 | 1,071,319 | 0.2 |
1,625,000 | (1) | Earthstone Energy Holdings LLC, 8.000%, 04/15/2027 | 1,556,587 | 0.3 |
1,650,000 | (1) | Encino Acquisition Partners Holdings LLC, 8.500%, 05/01/2028 | 1,510,220 | 0.3 |
725,000 | (1) | Enerflex Ltd., 9.000%, 10/15/2027 | 723,963 | 0.2 |
2,625,000 | | EnLink Midstream LLC, 5.375%, 06/01/2029 | 2,433,265 | 0.5 |
1,675,000 | (1) | Enviva Partners L.P. / Enviva Partners Finance Corp., 6.500%, 01/15/2026 | 1,580,229 | 0.4 |
675,000 | | EQM Midstream Partners L.P., 5.500%, 07/15/2028 | 604,768 | 0.1 |
294,000 | (1) | EQM Midstream Partners L.P., 6.000%, 07/01/2025 | 284,215 | 0.1 |
1,100,000 | (1) | Hess Midstream Operations L.P., 4.250%, 02/15/2030 | 941,898 | 0.2 |
1,000,000 | (1) | Hess Midstream Operations L.P., 5.125%, 06/15/2028 | 926,467 | 0.2 |
450,000 | (1) | Hess Midstream Operations L.P., 5.500%, 10/15/2030 | 412,293 | 0.1 |
900,000 | (1) | Hilcorp Energy I L.P. / Hilcorp Finance Co., 5.750%, 02/01/2029 | 802,360 | 0.2 |
850,000 | (1) | Hilcorp Energy I L.P. / Hilcorp Finance Co., 6.000%, 04/15/2030 | 766,063 | 0.2 |
1,025,000 | (1) | Hilcorp Energy I L.P. / Hilcorp Finance Co., 6.000%, 02/01/2031 | 887,966 | 0.2 |
1,825,000 | (1) | Howard Midstream Energy Partners LLC, 6.750%, 01/15/2027 | 1,751,628 | 0.4 |
2,070,000 | (1) | Kinetik Holdings L.P., 5.875%, 06/15/2030 | 1,944,005 | 0.4 |
2,175,000 | (1) | Moss Creek Resources Holdings, Inc., 7.500%, 01/15/2026 | 1,964,373 | 0.4 |
875,000 | | Murphy Oil Corp., 5.875%, 12/01/2027 | 843,509 | 0.2 |
1,525,000 | | Murphy Oil Corp., 6.375%, 07/15/2028 | 1,470,069 | 0.3 |
1,425,000 | (1) | Nabors Industries Ltd., 7.500%, 01/15/2028 | 1,305,978 | 0.3 |
700,000 | | Nabors Industries, Inc., 5.100%, 09/15/2023 | 689,325 | 0.2 |
600,000 | (1) | Nabors Industries, Inc., 7.375%, 05/15/2027 | 581,910 | 0.1 |
1,000,000 | | Occidental Petroleum Corp., 4.625%, 06/15/2045 | 809,526 | 0.2 |
1,975,000 | | Occidental Petroleum Corp., 5.500%, 12/01/2025 | 1,971,050 | 0.4 |
2,975,000 | | Occidental Petroleum Corp., 6.625%, 09/01/2030 | 3,081,014 | 0.7 |
1,275,000 | | Occidental Petroleum Corp., 8.500%, 07/15/2027 | 1,375,120 | 0.3 |
2,750,000 | | Southwestern Energy Co., 5.375%, 02/01/2029 | 2,553,389 | 0.6 |
1,675,000 | (1) | SunCoke Energy, Inc., 4.875%, 06/30/2029 | 1,439,977 | 0.3 |
575,000 | | Sunoco L.P. / Sunoco Finance Corp., 4.500%, 05/15/2029 | 503,783 | 0.1 |
1,450,000 | | Sunoco L.P. / Sunoco Finance Corp., 4.500%, 04/30/2030 | 1,260,630 | 0.3 |
750,000 | (1) | Tallgrass Energy Partners L.P. / Tallgrass Energy Finance Corp., 5.500%, 01/15/2028 | 666,315 | 0.2 |
975,000 | (1) | Tallgrass Energy Partners L.P. / Tallgrass Energy Finance Corp., 7.500%, 10/01/2025 | 985,311 | 0.2 |
1,225,000 | (1) | Transocean Poseidon Ltd., 6.875%, 02/01/2027 | 1,194,008 | 0.3 |
950,000 | (1) | Transocean, Inc., 7.500%, 01/15/2026 | 801,249 | 0.2 |
2,075,000 | (1),(2) | Weatherford International Ltd., 8.625%, 04/30/2030 | 1,996,343 | 0.4 |
2,125,000 | | Western Midstream Operating L.P., 5.450%, 04/01/2044 | 1,769,052 | 0.4 |
| | | 74,555,668 | 16.4 |
| | | | |
| | Financial: 7.9% |
1,600,000 | | Ally Financial, Inc., 5.750%, 11/20/2025 | 1,551,681 | 0.3 |
1,350,000 | (1) | Aretec Escrow Issuer, Inc., 7.500%, 04/01/2029 | 1,117,069 | 0.2 |
1,750,000 | (1) | BroadStreet Partners, Inc., 5.875%, 04/15/2029 | 1,491,667 | 0.3 |
1,400,000 | (1) | Burford Capital Global Finance LLC, 6.875%, 04/15/2030 | 1,252,289 | 0.3 |
1,925,000 | (1) | Cushman & Wakefield US Borrower LLC, 6.750%, 05/15/2028 | 1,840,541 | 0.4 |
675,000 | (1) | Freedom Mortgage Corp., 6.625%, 01/15/2027 | 526,163 | 0.1 |
850,000 | (1) | Freedom Mortgage Corp., 7.625%, 05/01/2026 | 710,350 | 0.2 |
1,225,000 | (1) | Freedom Mortgage Corp., 8.250%, 04/15/2025 | 1,103,795 | 0.2 |
1,850,000 | (1) | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp., 4.750%, 06/15/2029 | 1,496,335 | 0.3 |
1,750,000 | (1) | LPL Holdings, Inc., 4.000%, 03/15/2029 | 1,525,037 | 0.3 |
675,000 | (1) | Midcap Financial Issuer Trust, 5.625%, 01/15/2030 | 547,540 | 0.1 |
1,350,000 | (1) | Midcap Financial Issuer Trust, 6.500%, 05/01/2028 | 1,162,978 | 0.3 |
1,260,000 | (2) | MPT Operating Partnership L.P. / MPT Finance Corp., 4.625%, 08/01/2029 | 963,125 | 0.2 |
1,440,000 | (2) | MPT Operating Partnership L.P. / MPT Finance Corp., 5.000%, 10/15/2027 | 1,213,574 | 0.3 |
1,800,000 | (1) | Nationstar Mortgage Holdings, Inc., 5.125%, 12/15/2030 | 1,392,628 | 0.3 |
1,800,000 | | Navient Corp., 4.875%, 03/15/2028 | 1,482,907 | 0.3 |
975,000 | (2) | Navient Corp., 5.000%, 03/15/2027 | 855,234 | 0.2 |
375,000 | | Navient Corp., 7.250%, 09/25/2023 | 375,865 | 0.1 |
950,000 | (2) | OneMain Finance Corp., 4.000%, 09/15/2030 | 710,072 | 0.2 |
2,350,000 | (2) | OneMain Finance Corp., 5.375%, 11/15/2029 | 1,925,967 | 0.4 |
1,950,000 | (1) | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer, 5.875%, 10/01/2028 | 1,770,787 | 0.4 |
1,625,000 | (1) | PRA Group, Inc., 5.000%, 10/01/2029 | 1,343,014 | 0.3 |
375,000 | (1) | Realogy Group LLC / Realogy Co-Issuer Corp., 5.250%, 04/15/2030 | 274,054 | 0.1 |
1,760,000 | (1) | Realogy Group LLC / Realogy Co-Issuer Corp., 5.750%, 01/15/2029 | 1,333,534 | 0.3 |
1,525,000 | (1) | RLJ Lodging Trust L.P., 4.000%, 09/15/2029 | 1,238,469 | 0.3 |
2,200,000 | (1) | United Wholesale Mortgage LLC, 5.750%, 06/15/2027 | 1,897,085 | 0.4 |
725,000 | (1) | Uniti Group L.P. / Uniti Fiber Holdings, Inc. / CSL Capital LLC, 6.000%, 01/15/2030 | 459,707 | 0.1 |
1,175,000 | (1) | Uniti Group L.P. / Uniti Group Finance, Inc. / CSL Capital LLC, 6.500%, 02/15/2029 | 780,635 | 0.2 |
1,275,000 | (1) | VICI Properties L.P. / VICI Note Co., Inc., 3.750%, 02/15/2027 | 1,159,453 | 0.3 |
1,400,000 | (1) | VistaJet Malta Finance PLC / XO Management Holding, Inc., 6.375%, 02/01/2030 | 1,124,375 | 0.2 |
1,525,000 | (1) | XHR L.P., 4.875%, 06/01/2029 | 1,251,150 | 0.3 |
| | | 35,877,080 | 7.9 |
| | | | |
| | Industrial: 10.4% |
1,975,000 | (1),(3) | ARD Finance SA, 6.500% (PIK Rate 7.250%, Cash Rate 6.500%), 06/30/2027 | 1,376,797 | 0.3 |
825,000 | (2) | Ball Corp., 3.125%, 09/15/2031 | 663,655 | 0.1 |
715,000 | | Ball Corp., 6.875%, 03/15/2028 | 735,356 | 0.2 |
880,000 | (1) | Bombardier, Inc., 7.875%, 04/15/2027 | 855,392 | 0.2 |
1,675,000 | (1) | Brundage-Bone Concrete Pumping Holdings, Inc., 6.000%, 02/01/2026 | 1,529,101 | 0.3 |
1,350,000 | (1) | Builders FirstSource, Inc., 5.000%, 03/01/2030 | 1,198,407 | 0.3 |
2,100,000 | (1) | Cargo Aircraft Management, Inc., 4.750%, 02/01/2028 | 1,909,236 | 0.4 |
2,225,000 | (1) | Cascades, Inc./Cascades USA, Inc., 5.375%, 01/15/2028 | 1,953,190 | 0.4 |
1,640,000 | (1) | Chart Industries, Inc., 7.500%, 01/01/2030 | 1,650,726 | 0.4 |
435,000 | (1) | Chart Industries, Inc., 9.500%, 01/01/2031 | 446,665 | 0.1 |
1,900,000 | (1) | Fortress Transportation and Infrastructure Investors LLC, 5.500%, 05/01/2028 | 1,623,417 | 0.4 |
1,750,000 | (1) | GFL Environmental, Inc., 4.000%, 08/01/2028 | 1,498,551 | 0.3 |
875,000 | (1) | GFL Environmental, Inc., 4.375%, 08/15/2029 | 742,634 | 0.2 |
650,000 | (1) | Global Infrastructure Solutions, Inc., 5.625%, 06/01/2029 | 510,717 | 0.1 |
800,000 | (1) | Global Infrastructure Solutions, Inc., 7.500%, 04/15/2032 | 634,319 | 0.1 |
1,375,000 | (1) | GrafTech Finance, Inc., 4.625%, 12/15/2028 | 1,131,202 | 0.2 |
1,525,000 | (1) | Graham Packaging Co., Inc., 7.125%, 08/15/2028 | 1,274,858 | 0.3 |
1,400,000 | (1),(2) | Granite US Holdings Corp., 11.000%, 10/01/2027 | 1,477,294 | 0.3 |
250,000 | | Howmet Aerospace, Inc., 5.125%, 10/01/2024 | 247,760 | 0.0 |
1,225,000 | | Howmet Aerospace, Inc., 5.900%, 02/01/2027 | 1,220,112 | 0.3 |
1,875,000 | (1) | Imola Merger Corp., 4.750%, 05/15/2029 | 1,630,554 | 0.4 |
900,000 | (1),(3) | Intelligent Packaging Holdco Issuer LP, 9.000% (PIK Rate 9.750%, Cash Rate 9.000%), 01/15/2026 | 633,434 | 0.1 |
1,700,000 | (1) | Intelligent Packaging Ltd. Finco, Inc. / Intelligent Packaging Ltd. Co-Issuer LLC, 6.000%, 09/15/2028 | 1,374,400 | 0.3 |
1,300,000 | (1) | Koppers, Inc., 6.000%, 02/15/2025 | 1,237,054 | 0.3 |
1,875,000 | (1) | New Enterprise Stone & Lime Co., Inc., 9.750%, 07/15/2028 | 1,738,527 | 0.4 |
1,600,000 | (1) | PGT Innovations, Inc., 4.375%, 10/01/2029 | 1,341,628 | 0.3 |
1,300,000 | (1) | Roller Bearing Co. of America, Inc., 4.375%, 10/15/2029 | 1,125,735 | 0.2 |
450,000 | (1) | Rolls-Royce PLC, 3.625%, 10/14/2025 | 416,250 | 0.1 |
1,575,000 | (1) | Rolls-Royce PLC, 5.750%, 10/15/2027 | 1,502,755 | 0.3 |
2,025,000 | (1) | Sealed Air Corp., 4.000%, 12/01/2027 | 1,840,435 | 0.4 |
500,000 | (1) | Sensata Technologies BV, 5.000%, 10/01/2025 | 489,166 | 0.1 |
1,825,000 | (1) | Sensata Technologies, Inc., 3.750%, 02/15/2031 | 1,504,119 | 0.3 |
1,775,000 | (1) | Standard Industries, Inc./NJ, 3.375%, 01/15/2031 | 1,339,394 | 0.3 |
1,025,000 | (1) | Standard Industries, Inc./NJ, 4.375%, 07/15/2030 | 837,435 | 0.2 |
1,625,000 | (1) | Stevens Holding Co., Inc., 6.125%, 10/01/2026 | 1,631,858 | 0.4 |
1,200,000 | (1) | Summit Materials LLC / Summit Materials Finance Corp., 5.250%, 01/15/2029 | 1,119,360 | 0.2 |
850,000 | (1) | Summit Materials LLC / Summit Materials Finance Corp., 6.500%, 03/15/2027 | 834,437 | 0.2 |
1,050,000 | (2) | TransDigm, Inc., 4.625%, 01/15/2029 | 925,076 | 0.2 |
775,000 | | TransDigm, Inc., 5.500%, 11/15/2027 | 729,337 | 0.2 |
1,250,000 | | TransDigm, Inc., 6.375%, 06/15/2026 | 1,218,018 | 0.3 |
1,500,000 | (1) | Weekley Homes LLC / Weekley Finance Corp., 4.875%, 09/15/2028 | 1,263,061 | 0.3 |
| | | 47,411,422 | 10.4 |
| | Technology: 2.9% | |
1,100,000 | | CDW LLC / CDW Finance Corp., 3.276%, 12/01/2028 | 943,838 | 0.2 |
200,000 | | CDW LLC / CDW Finance Corp., 4.125%, 05/01/2025 | 194,560 | 0.0 |
1,750,000 | (1) | Condor Merger Sub, Inc., 7.375%, 02/15/2030 | 1,410,178 | 0.3 |
1,425,000 | (1) | Consensus Cloud Solutions, Inc., 6.500%, 10/15/2028 | 1,312,523 | 0.3 |
875,000 | (1) | Entegris Escrow Corp., 6.950%, 06/15/2030 | 808,062 | 0.2 |
575,000 | (1),(2) | Entegris, Inc., 3.625%, 05/01/2029 | 468,927 | 0.1 |
2,475,000 | (1) | NCR Corp., 5.125%, 04/15/2029 | 2,074,318 | 0.4 |
725,000 | (1) | Open Text Corp., 3.875%, 12/01/2029 | 584,084 | 0.1 |
800,000 | (1) | Open Text Corp., 6.900%, 12/01/2027 | 801,040 | 0.2 |
1,425,000 | (1) | Open Text Holdings, Inc., 4.125%, 02/15/2030 | 1,145,615 | 0.2 |
1,575,000 | (1) | Playtika Holding Corp., 4.250%, 03/15/2029 | 1,238,344 | 0.3 |
1,625,000 | (1) | Rackspace Technology Global, Inc., 5.375%, 12/01/2028 | 710,899 | 0.2 |
645,000 | (1) | Veritas US, Inc. / Veritas Bermuda Ltd., 7.500%, 09/01/2025 | 445,610 | 0.1 |
1,600,000 | (1) | Virtusa Corp., 7.125%, 12/15/2028 | 1,221,637 | 0.3 |
| | | 13,359,635 | 2.9 |
| | | | |
| | Utilities: 1.3% |
325,000 | (1) | Clearway Energy Operating LLC, 3.750%, 01/15/2032 | 261,741 | 0.1 |
1,350,000 | (1),(2) | Clearway Energy Operating LLC, 4.750%, 03/15/2028 | 1,248,069 | 0.3 |
1,550,000 | (1) | Drax Finco PLC, 6.625%, 11/01/2025 | 1,483,700 | 0.3 |
910,000 | | TransAlta Corp., 7.750%, 11/15/2029 | 930,590 | 0.2 |
650,000 | (1) | Vistra Operations Co. LLC, 5.500%, 09/01/2026 | 627,281 | 0.1 |
1,400,000 | (1) | Vistra Operations Co. LLC, 5.625%, 02/15/2027 | 1,331,207 | 0.3 |
| | | 5,882,588 | 1.3 |
| | | | |
| Total Corporate Bonds/Notes | | |
| (Cost $504,688,132) | 437,928,362 | 96.1 |
The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the assets and liabilities:
At December 31, 2022, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were: