Principal Amount† | | | | | | | Value | | | Percentage of Net Assets |
CORPORATE BONDS/NOTES: 21.5% | | | |
| | | | | | Basic Materials: 1.1% | | | | | | | |
| 200,000 | | | (1) | | ASP Unifrax Holdings, Inc., 5.250%, 09/30/2028 | | $ | 161,198 | | | | 0.0 |
| 425,000 | | | (1),(2) | | ASP Unifrax Holdings, Inc., 7.500%, 09/30/2029 | | | 270,300 | | | | 0.0 |
| 1,350,000 | | | | | Celulosa Arauco y Constitucion SA, 3.875%, 11/02/2027 | | | 1,265,642 | | | | 0.1 |
| 1,500,000 | | | (1) | | Celulosa Arauco y Constitucion SA, 4.250%, 04/30/2029 | | | 1,406,759 | | | | 0.1 |
| 525,000 | | | (1),(2) | | Cleveland-Cliffs, Inc., 4.625%, 03/01/2029 | | | 466,696 | | | | 0.0 |
| 350,000 | | | (1),(2) | | Cleveland-Cliffs, Inc., 4.875%, 03/01/2031 | | | 309,553 | | | | 0.0 |
| 625,000 | | | (1),(2) | | Coeur Mining, Inc., 5.125%, 02/15/2029 | | | 488,579 | | | | 0.0 |
| 600,000 | | | (1) | | Consolidated Energy Finance S.A., 5.625%, 10/15/2028 | | | 510,586 | | | | 0.0 |
| 625,000 | | | (1) | | Constellium SE, 5.625%, 06/15/2028 | | | 578,637 | | | | 0.0 |
| 1,000,000 | | | (1) | | Equate Petrochemical BV, 2.625%, 04/28/2028 | | | 873,750 | | | | 0.1 |
| 600,000 | | | (1) | | First Quantum Minerals Ltd., 6.875%, 10/15/2027 | | | 564,170 | | | | 0.0 |
| 1,800,000 | | | (1) | | GC Treasury Center Co. Ltd., 4.400%, 03/30/2032 | | | 1,599,093 | | | | 0.1 |
| 1,200,000 | | | (1) | | HudBay Minerals, Inc., 4.500%, 04/01/2026 | | | 1,091,471 | | | | 0.1 |
| 560,000 | | | (1) | | Illuminate Buyer LLC / Illuminate Holdings IV, Inc., 9.000%, 07/01/2028 | | | 469,757 | | | | 0.0 |
| 800,000 | | | (1) | | INEOS Quattro Finance 2 Plc, 3.375%, 01/15/2026 | | | 735,996 | | | | 0.1 |
| 200,000 | | | | | Inversiones CMPC SA, 4.375%, 04/04/2027 | | | 193,591 | | | | 0.0 |
| 925,000 | | | (1),(3) | | Iris Holdings, Inc., 8.750% (PIK Rate 9.500%, Cash Rate 8.750%), 02/15/2026 | | | 795,500 | | | | 0.1 |
| 825,000 | | | (1) | | LSF11 A5 Holdco LLC, 6.625%, 10/15/2029 | | | 682,614 | | | | 0.1 |
| 925,000 | | | (1) | | Mativ, Inc., 6.875%, 10/01/2026 | | | 818,505 | | | | 0.1 |
| 750,000 | | | (1) | | Novelis Corp., 3.875%, 08/15/2031 | | | 613,307 | | | | 0.0 |
| 100,000 | | | (1) | | Novelis Corp., 4.750%, 01/30/2030 | | | 88,882 | | | | 0.0 |
| 675,000 | | | (1) | | Nufarm Australia Ltd. / Nufarm Americas, Inc., 5.000%, 01/27/2030 | | | 585,792 | | | | 0.0 |
| 325,000 | | | (1) | | OCP SA, 3.750%, 06/23/2031 | | | 273,393 | | | | 0.0 |
| 450,000 | | | (2) | | Olin Corp., 5.000%, 02/01/2030 | | | 411,424 | | | | 0.0 |
| 400,000 | | | | | Olin Corp., 5.125%, 09/15/2027 | | | 378,688 | | | | 0.0 |
| 800,000 | | | (1) | | Olympus Water US Holding Corp., 6.250%, 10/01/2029 | | | 608,405 | | | | 0.0 |
| 200,000 | | | (1) | | Olympus Water US Holding Corp., 7.125%, 10/01/2027 | | | 191,759 | | | | 0.0 |
| 1,100,000 | | | (1) | | POSCO, 4.500%, 08/04/2027 | | | 1,034,524 | | | | 0.1 |
| 1,350,000 | | | | | Suzano Austria GmbH, 5.000%, 01/15/2030 | | | 1,266,334 | | | | 0.1 |
| 200,000 | | | | | Suzano Austria GmbH, 6.000%, 01/15/2029 | | | 199,402 | | | | 0.0 |
| 700,000 | | | (1) | | Taseko Mines Ltd., 7.000%, 02/15/2026 | | | 616,412 | | | | 0.0 |
| 675,000 | | | (1) | | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc., 5.125%, 04/01/2029 | | | 438,088 | | | | 0.0 |
| 750,000 | | | (1) | | Tronox, Inc., 4.625%, 03/15/2029 | | | 624,844 | | | | 0.0 |
| | | | | | | | | 20,613,651 | | | | 1.1 |
| | | | | | | | | | | | | |
| | | | | | Communications: 1.9% | | | | | | | |
| 700,000 | | | (1) | | Acuris Finance Us, Inc. / Acuris Finance SARL, 5.000%, 05/01/2028 | | | 562,054 | | | | 0.0 |
| 1,000,000 | | | (1),(2) | | Altice France Holding SA, 6.000%, 02/15/2028 | | | 592,442 | | | | 0.0 |
| 1,000,000 | | | (1) | | Altice France SA/France, 5.500%, 10/15/2029 | | | 764,315 | | | | 0.1 |
| 575,000 | | | (1) | | Altice France SA/France, 8.125%, 02/01/2027 | | | 524,940 | | | | 0.0 |
| 140,000 | | | | | AMC Networks, Inc., 4.250%, 02/15/2029 | | | 87,439 | | | | 0.0 |
| 875,000 | | | (1) | | Beasley Mezzanine Holdings LLC, 8.625%, 02/01/2026 | | | 528,281 | | | | 0.0 |
| 825,000 | | | (1) | | CCO Holdings LLC / CCO Holdings Capital Corp., 4.250%, 01/15/2034 | | | 610,500 | | | | 0.1 |
| 1,125,000 | | | | | CCO Holdings LLC / CCO Holdings Capital Corp., 4.500%, 05/01/2032 | | | 897,666 | | | | 0.1 |
| 600,000 | | | (1) | | CCO Holdings LLC / CCO Holdings Capital Corp., 5.000%, 02/01/2028 | | | 546,117 | | | | 0.0 |
| 975,000 | | | (1) | | CCO Holdings LLC / CCO Holdings Capital Corp., 5.125%, 05/01/2027 | | | 910,913 | | | | 0.1 |
| 500,000 | | | (1) | | Clear Channel Outdoor Holdings, Inc., 7.500%, 06/01/2029 | | | 368,073 | | | | 0.0 |
| 450,000 | | | (1) | | Clear Channel Outdoor Holdings, Inc., 7.750%, 04/15/2028 | | | 329,087 | | | | 0.0 |
| 3,016,000 | | | | | Comcast Corp., 2.937%, 11/01/2056 | | | 1,878,936 | | | | 0.1 |
| 325,000 | | | (1) | | CommScope Tech Finance LLC, 6.000%, 06/15/2025 | | | 296,420 | | | | 0.0 |
| 200,000 | | | (1) | | CommScope Technologies LLC, 5.000%, 03/15/2027 | | | 136,156 | | | | 0.0 |
| 375,000 | | | (1) | | CommScope, Inc., 4.750%, 09/01/2029 | | | 303,028 | | | | 0.0 |
| 675,000 | | | (1) | | CommScope, Inc., 7.125%, 07/01/2028 | | | 483,633 | | | | 0.0 |
| 925,000 | | | (1) | | Connect Finco SARL / Connect US Finco LLC, 6.750%, 10/01/2026 | | | 859,158 | | | | 0.1 |
| 800,000 | | | (1) | | CSC Holdings LLC, 4.625%, 12/01/2030 | | | 443,871 | | | | 0.0 |
| 325,000 | | | (2) | | CSC Holdings LLC, 5.250%, 06/01/2024 | | | 303,063 | | | | 0.0 |
| 1,600,000 | | | (1) | | CSC Holdings LLC, 5.750%, 01/15/2030 | | | 905,912 | | | | 0.1 |
| 400,000 | | | (1) | | CSC Holdings LLC, 7.500%, 04/01/2028 | | | 272,880 | | | | 0.0 |
| 675,000 | | | (1) | | Directv Financing LLC / Directv Financing Co-Obligor, Inc., 5.875%, 08/15/2027 | | | 605,178 | | | | 0.0 |
| 950,000 | | | | | DISH DBS Corp., 5.125%, 06/01/2029 | | | 614,636 | | | | 0.1 |
| 275,000 | | | (1) | | DISH DBS Corp., 5.250%, 12/01/2026 | | | 232,158 | | | | 0.0 |
| 425,000 | | | (1) | | DISH DBS Corp., 5.750%, 12/01/2028 | | | 340,000 | | | | 0.0 |
| 525,000 | | | | | DISH DBS Corp., 7.375%, 07/01/2028 | | | 372,291 | | | | 0.0 |
| 600,000 | | | | | Embarq Corp., 7.995%, 06/01/2036 | | | 280,323 | | | | 0.0 |
| 775,000 | | | (1) | | GCI LLC, 4.750%, 10/15/2028 | | | 652,329 | | | | 0.1 |
| 900,000 | | | (1) | | Gray Escrow II, Inc., 5.375%, 11/15/2031 | | | 650,192 | | | | 0.1 |
| 275,000 | | | (1) | | iHeartCommunications, Inc., 5.250%, 08/15/2027 | | | 233,382 | | | | 0.0 |
| 600,000 | | | (1) | | ION Trading Technologies Sarl, 5.750%, 05/15/2028 | | | 502,770 | | | | 0.0 |
| 450,000 | | | (1) | | LCPR Senior Secured Financing DAC, 5.125%, 07/15/2029 | | | 373,445 | | | | 0.0 |
| 720,000 | | | (1) | | LCPR Senior Secured Financing DAC, 6.750%, 10/15/2027 | | | 674,870 | | | | 0.1 |
| 270,000 | | | | | Lumen Technologies, Inc., 5.625%, 04/01/2025 | | | 259,549 | | | | 0.0 |
| 655,000 | | | (1) | | McGraw-Hill Education, Inc., 8.000%, 08/01/2029 | | | 542,515 | | | | 0.0 |
| 825,000 | | | (1) | | Millennium Escrow Corp., 6.625%, 08/01/2026 | | | 529,073 | | | | 0.0 |
| 440,000 | | | | | Netflix, Inc., 5.875%, 11/15/2028 | | | 447,053 | | | | 0.0 |
| 475,000 | | | (4) | | Paramount Global, 6.250%, 02/28/2057 | | | 383,702 | | | | 0.0 |
| 3,650,000 | | | (4) | | Paramount Global, 6.375%, 03/30/2062 | | | 2,989,274 | | | | 0.2 |
| 875,000 | | | (1) | | Radiate Holdco LLC / Radiate Finance, Inc., 6.500%, 09/15/2028 | | | 368,060 | | | | 0.0 |
| 325,000 | | | (1) | | Sinclair Television Group, Inc., 4.125%, 12/01/2030 | | | 244,085 | | | | 0.0 |
| 460,000 | | | (1),(2) | | Sinclair Television Group, Inc., 5.500%, 03/01/2030 | | | 322,398 | | | | 0.0 |
| 1,400,000 | | | (1) | | Sirius XM Radio, Inc., 5.000%, 08/01/2027 | | | 1,297,186 | | | | 0.1 |
| 625,000 | | | (1) | | Spanish Broadcasting System, Inc., 9.750%, 03/01/2026 | | | 360,156 | | | | 0.0 |
| 1,350,000 | | | | | Sprint Corp., 7.125%, 06/15/2024 | | | 1,379,349 | | | | 0.1 |
| 375,000 | | | | | Sprint Corp., 7.625%, 03/01/2026 | | | 395,440 | | | | 0.0 |
| 650,000 | | | (1) | | Stagwell Global LLC, 5.625%, 08/15/2029 | | | 537,196 | | | | 0.0 |
| 175,000 | | | | | Telecom Italia Capital SA, 6.000%, 09/30/2034 | | | 132,534 | | | | 0.0 |
| 775,000 | | | | | Telecom Italia Capital SA, 6.375%, 11/15/2033 | | | 635,213 | | | | 0.1 |
| 275,000 | | | (1) | | Univision Communications, Inc., 4.500%, 05/01/2029 | | | 230,487 | | | | 0.0 |
| 1,225,000 | | | (1) | | Univision Communications, Inc., 6.625%, 06/01/2027 | | | 1,184,495 | | | | 0.1 |
| 500,000 | | | (1) | | Urban One, Inc., 7.375%, 02/01/2028 | | | 423,280 | | | | 0.0 |
| 600,000 | | | (1) | | ViaSat, Inc., 5.625%, 09/15/2025 | | | 557,621 | | | | 0.0 |
| 140,000 | | | (1) | | ViaSat, Inc., 5.625%, 04/15/2027 | | | 127,414 | | | | 0.0 |
| 325,000 | | | (1) | | ViaSat, Inc., 6.500%, 07/15/2028 | | | 244,351 | | | | 0.0 |
| 625,000 | | | (1) | | Viavi Solutions, Inc., 3.750%, 10/01/2029 | | | 526,312 | | | | 0.0 |
| 1,100,000 | | | (1) | | Virgin Media Vendor Financing Notes IV DAC, 5.000%, 07/15/2028 | | | 963,207 | | | | 0.1 |
| 325,000 | | | (1) | | Vmed O2 UK Financing I PLC, 4.750%, 07/15/2031 | | | 264,649 | | | | 0.0 |
| 1,075,000 | | | (1) | | Zayo Group Holdings, Inc., 6.125%, 03/01/2028 | | | 611,921 | | | | 0.1 |
| | | | | | | | | 34,092,978 | | | | 1.9 |
| | | | | | | | | | | | | |
| | | | | | Consumer, Cyclical: 3.0% | | | | | | | |
| 575,000 | | | (1) | | 1011778 BC ULC / New Red Finance, Inc., 4.000%, 10/15/2030 | | | 466,840 | | | | 0.0 |
| 875,000 | | | (1) | | Academy Ltd., 6.000%, 11/15/2027 | | | 838,955 | | | | 0.1 |
| 710,000 | | | (1) | | Adams Homes, Inc., 7.500%, 02/15/2025 | | | 605,859 | | | | 0.0 |
| 900,000 | | | (1),(2) | | Adient Global Holdings Ltd., 4.875%, 08/15/2026 | | | 839,196 | | | | 0.1 |
| 975,000 | | | (1) | | Affinity Gaming, 6.875%, 12/15/2027 | | | 827,862 | | | | 0.1 |
| 175,000 | | | (1) | | Allison Transmission, Inc., 3.750%, 01/30/2031 | | | 144,156 | | | | 0.0 |
| 800,000 | | | (1) | | Allison Transmission, Inc., 5.875%, 06/01/2029 | | | 752,700 | | | | 0.1 |
| 541,913 | | | | | American Airlines 2015-2 Class A Pass Through Trust, 4.000%, 03/22/2029 | | | 441,436 | | | | 0.0 |
| 42,147 | | | | | American Airlines 2016-1 Class A Pass Through Trust, 4.100%, 07/15/2029 | | | 34,403 | | | | 0.0 |
| 1,200,000 | | | (1) | | American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.750%, 04/20/2029 | | | 1,098,913 | | | | 0.1 |
| 725,000 | | | (1) | | Arko Corp., 5.125%, 11/15/2029 | | | 570,212 | | | | 0.0 |
| 400,000 | | | | | Asbury Automotive Group, Inc., 4.500%, 03/01/2028 | | | 352,666 | | | | 0.0 |
| 170,000 | | | (1) | | Asbury Automotive Group, Inc., 4.625%, 11/15/2029 | | | 143,449 | | | | 0.0 |
| 290,000 | | | | | Asbury Automotive Group, Inc., 4.750%, 03/01/2030 | | | 242,932 | | | | 0.0 |
| 1,025,000 | | | | | Bath & Body Works, Inc., 6.750%, 07/01/2036 | | | 902,718 | | | | 0.1 |
| 150,000 | | | (1),(3) | | BCPE Ulysses Intermediate, Inc., 7.750% (PIK Rate 8.500%, Cash Rate 7.750%), 04/01/2027 | | | 92,874 | | | | 0.0 |
| 650,000 | | | (1) | | Caesars Entertainment, Inc., 6.250%, 07/01/2025 | | | 632,909 | | | | 0.0 |
| 750,000 | | | (1) | | Carnival Corp., 6.000%, 05/01/2029 | | | 501,193 | | | | 0.0 |
| 825,000 | | | (1) | | Carnival Corp., 9.875%, 08/01/2027 | | | 780,990 | | | | 0.1 |
| 650,000 | | | (1) | | CCM Merger, Inc., 6.375%, 05/01/2026 | | | 613,346 | | | | 0.0 |
| 600,000 | | | (1) | | Century Communities, Inc., 3.875%, 08/15/2029 | | | 472,530 | | | | 0.0 |
| 525,000 | | | (1) | | Cinemark USA, Inc., 8.750%, 05/01/2025 | | | 531,551 | | | | 0.0 |
| 1,500,000 | | | (1) | | CK Hutchison International 21 Ltd., 2.500%, 04/15/2031 | | | 1,238,858 | | | | 0.1 |
| 575,000 | | | (1) | | Crocs, Inc., 4.125%, 08/15/2031 | | | 469,329 | | | | 0.0 |
| 750,000 | | | (2) | | Delta Air Lines 2020-1 Class A Pass Through Trust, 4.375%, 04/19/2028 | | | 669,753 | | | | 0.1 |
| 200,000 | | | (2) | | Delta Air Lines 2020-1 Class A Pass Through Trust, 7.375%, 01/15/2026 | | | 204,674 | | | | 0.0 |
| 184,782 | | | (1) | | Delta Air Lines, Inc. / SkyMiles IP Ltd., 4.750%, 10/20/2028 | | | 173,974 | | | | 0.0 |
| 900,000 | | | (1) | | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc., 6.750%, 01/15/2030 | | | 727,628 | | | | 0.1 |
| 525,000 | | | (1) | | Foot Locker, Inc., 4.000%, 10/01/2029 | | | 409,762 | | | | 0.0 |
| 1,100,000 | | | | | Ford Motor Co., 6.100%, 08/19/2032 | | | 1,017,811 | | | | 0.1 |
| 1,000,000 | | | | | Ford Motor Credit Co. LLC, 2.700%, 08/10/2026 | | | 869,650 | | | | 0.1 |
| 1,500,000 | | | | | Ford Motor Credit Co. LLC, 4.125%, 08/17/2027 | | | 1,345,943 | | | | 0.1 |
| 875,000 | | | | | Ford Motor Credit Co. LLC, 4.542%, 08/01/2026 | | | 807,734 | | | | 0.1 |
| 600,000 | | | | | Ford Motor Credit Co. LLC, 5.113%, 05/03/2029 | | | 544,680 | | | | 0.0 |
| 500,000 | | | | | Ford Motor Credit Co. LLC, 5.584%, 03/18/2024 | | | 494,525 | | | | 0.0 |
| 700,000 | | | (1) | | Foundation Building Materials, Inc., 6.000%, 03/01/2029 | | | 527,257 | | | | 0.0 |
| 700,000 | | | (1) | | Gap, Inc./The, 3.875%, 10/01/2031 | | | 489,360 | | | | 0.0 |
| 495,000 | | | (1) | | Golden Entertainment, Inc., 7.625%, 04/15/2026 | | | 488,662 | | | | 0.0 |
| 625,000 | | | (2) | | Goodyear Tire & Rubber Co/The, 5.250%, 07/15/2031 | | | 512,025 | | | | 0.0 |
| 425,000 | | | (1) | | Hilton Domestic Operating Co., Inc., 4.000%, 05/01/2031 | | | 356,443 | | | | 0.0 |
| 2,920,000 | | | | | Home Depot, Inc./The, 3.625%, 04/15/2052 | | | 2,269,343 | | | | 0.1 |
| 1,125,000 | | | (1) | | InRetail Consumer, 3.250%, 03/22/2028 | | | 968,939 | | | | 0.1 |
| 725,000 | | | (1) | | Installed Building Products, Inc., 5.750%, 02/01/2028 | | | 653,026 | | | | 0.1 |
| 725,000 | | | (1) | | Interface, Inc., 5.500%, 12/01/2028 | | | 599,601 | | | | 0.0 |
| 1,100,000 | | | (1) | | International Game Technology PLC, 5.250%, 01/15/2029 | | | 1,026,893 | | | | 0.1 |
| 615,000 | | | (1) | | LBM Acquisition LLC, 6.250%, 01/15/2029 | | | 392,156 | | | | 0.0 |
| 850,000 | | | (1) | | LCM Investments Holdings II LLC, 4.875%, 05/01/2029 | | | 681,775 | | | | 0.1 |
| 850,000 | | | (1) | | Lions Gate Capital Holdings LLC, 5.500%, 04/15/2029 | | | 493,932 | | | | 0.0 |
| 2,183,000 | | | | | Lowe's Cos, Inc., 4.450%, 04/01/2062 | | | 1,708,409 | | | | 0.1 |
| 200,000 | | | | | M/I Homes, Inc., 3.950%, 02/15/2030 | | | 161,743 | | | | 0.0 |
| 550,000 | | | | | M/I Homes, Inc., 4.950%, 02/01/2028 | | | 489,522 | | | | 0.0 |
| 305,000 | | | | | Macy's Retail Holdings LLC, 4.500%, 12/15/2034 | | | 212,820 | | | | 0.0 |
| 135,000 | | | (1) | | Macy's Retail Holdings LLC, 5.875%, 03/15/2030 | | | 117,342 | | | | 0.0 |
| 475,000 | | | (1) | | Macy's Retail Holdings LLC, 6.125%, 03/15/2032 | | | 399,950 | | | | 0.0 |
| 400,000 | | | | | Mattel, Inc., 5.450%, 11/01/2041 | | | 326,249 | | | | 0.0 |
| 800,000 | | | (1) | | Melco Resorts Finance Ltd., 5.375%, 12/04/2029 | | | 643,272 | | | | 0.0 |
| 150,000 | | | (1) | | Murphy Oil USA, Inc., 3.750%, 02/15/2031 | | | 123,723 | | | | 0.0 |
| 450,000 | | | | | Murphy Oil USA, Inc., 4.750%, 09/15/2029 | | | 412,562 | | | | 0.0 |
| 165,000 | | | | | Murphy Oil USA, Inc., 5.625%, 05/01/2027 | | | 160,500 | | | | 0.0 |
| 810,000 | | | (1) | | NCL Corp. Ltd., 7.750%, 02/15/2029 | | | 617,657 | | | | 0.0 |
| 500,000 | | | (1),(2) | | NCL Finance Ltd., 6.125%, 03/15/2028 | | | 369,736 | | | | 0.0 |
| 500,000 | | | (1) | | Penn Entertainment, Inc., 4.125%, 07/01/2029 | | | 395,652 | | | | 0.0 |
| 450,000 | | | (1) | | Penn National Gaming, Inc., 5.625%, 01/15/2027 | | | 408,744 | | | | 0.0 |
| 1,250,000 | | | (1) | | PetSmart, Inc. / PetSmart Finance Corp., 7.750%, 02/15/2029 | | | 1,176,334 | | | | 0.1 |
| 825,000 | | | (1) | | Real Hero Merger Sub 2, Inc., 6.250%, 02/01/2029 | | | 566,610 | | | | 0.0 |
| 1,725,000 | | | (1) | | Royal Caribbean Cruises Ltd., 5.375%, 07/15/2027 | | | 1,398,890 | | | | 0.1 |
| 375,000 | | | (1),(2) | | Royal Caribbean Cruises Ltd., 11.625%, 08/15/2027 | | | 377,235 | | | | 0.0 |
| 850,000 | | | (1),(2) | | Scientific Games Holdings L.P./Scientific Games US FinCo, Inc., 6.625%, 03/01/2030 | | | 719,100 | | | | 0.1 |
| 500,000 | | | (1) | | Scientific Games International, Inc., 7.000%, 05/15/2028 | | | 477,853 | | | | 0.0 |
| 325,000 | | | (1) | | Scientific Games International, Inc., 8.625%, 07/01/2025 | | | 332,125 | | | | 0.0 |
| 625,000 | | | | | Shea Homes L.P. / Shea Homes Funding Corp., 4.750%, 04/01/2029 | | | 526,528 | | | | 0.0 |
| 675,000 | | | (1) | | Sizzling Platter LLC / Sizzling Platter Finance Corp., 8.500%, 11/28/2025 | | | 621,936 | | | | 0.0 |
| 800,000 | | | (1) | | Sonic Automotive, Inc., 4.625%, 11/15/2029 | | | 641,606 | | | | 0.0 |
| 275,000 | | | (1) | | SRS Distribution, Inc., 6.000%, 12/01/2029 | | | 219,217 | | | | 0.0 |
| 625,000 | | | (1) | | SRS Distribution, Inc., 6.125%, 07/01/2029 | | | 506,138 | | | | 0.0 |
| 1,200,000 | | | (1),(2) | | Staples, Inc., 10.750%, 04/15/2027 | | | 866,016 | | | | 0.1 |
| 975,000 | | | (1) | | Station Casinos LLC, 4.500%, 02/15/2028 | | | 849,158 | | | | 0.1 |
| 700,000 | | | (1) | | STL Holding Co. LLC, 7.500%, 02/15/2026 | | | 620,515 | | | | 0.0 |
| 675,000 | | | (1) | | Taylor Morrison Communities, Inc., 5.125%, 08/01/2030 | | | 585,906 | | | | 0.0 |
| 675,000 | | | (1) | | Tempur Sealy International, Inc., 3.875%, 10/15/2031 | | | 530,867 | | | | 0.0 |
| 650,000 | | | (1) | | United Airlines 2015-1 Class AA Pass Through Trust, 4.625%, 04/15/2029 | | | 567,093 | | | | 0.0 |
| 650,000 | | | (2) | | United Airlines Holdings, Inc., 4.875%, 01/15/2025 | | | 621,868 | | | | 0.0 |
| 250,000 | | | (1) | | United Airlines, Inc., 4.375%, 04/15/2026 | | | 232,157 | | | | 0.0 |
| 1,025,000 | | | (1),(2) | | Victoria's Secret & Co., 4.625%, 07/15/2029 | | | 806,060 | | | | 0.1 |
| 950,000 | | | (1) | | Viking Cruises Ltd., 5.875%, 09/15/2027 | | | 775,907 | | | | 0.1 |
| 255,000 | | | (1) | | Viking Cruises Ltd., 13.000%, 05/15/2025 | | | 269,442 | | | | 0.0 |
| 2,268,000 | | | (1) | | Warnermedia Holdings, Inc., 5.141%, 03/15/2052 | | | 1,657,516 | | | | 0.1 |
| 775,000 | | | (1) | | White Cap Buyer LLC, 6.875%, 10/15/2028 | | | 671,649 | | | | 0.1 |
| 275,000 | | | (1),(3) | | White Cap Parent LLC, 8.250% (PIK Rate 9.000%, Cash Rate 8.250%), 03/15/2026 | | | 238,079 | | | | 0.0 |
| 550,000 | | | (1) | | William Carter Co/The, 5.625%, 03/15/2027 | | | 528,517 | | | | 0.0 |
| 275,000 | | | (1) | | Williams Scotsman International, Inc., 4.625%, 08/15/2028 | | | 248,628 | | | | 0.0 |
| 750,000 | | | (1),(2) | | Wolverine World Wide, Inc., 4.000%, 08/15/2029 | | | 569,273 | | | | 0.0 |
| 1,000,000 | | | (1) | | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp., 5.250%, 05/15/2027 | | | 904,051 | | | | 0.1 |
| | | | | | | | | 55,975,578 | | | | 3.0 |
| | | | | | | | | | | | | |
| | | | | | Consumer, Non-cyclical: 1.5% | | | | | | | |
| 77,235 | | | (1) | | 1375209 BC Ltd., 9.000%, 01/30/2028 | | | 75,594 | | | | 0.0 |
| 750,000 | | | (1) | | Acadia Healthcare Co., Inc., 5.500%, 07/01/2028 | | | 712,575 | | | | 0.1 |
| 700,000 | | | (1) | | ACCO Brands Corp., 4.250%, 03/15/2029 | | | 578,410 | | | | 0.0 |
| 805,000 | | | (1) | | ADT Security Corp./The, 4.125%, 08/01/2029 | | | 685,704 | | | | 0.1 |
| 440,000 | | | (1) | | Albertsons Cos, Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC, 3.500%, 03/15/2029 | | | 370,124 | | | | 0.0 |
| 275,000 | | | (1) | | Albertsons Cos, Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC, 4.875%, 02/15/2030 | | | 245,915 | | | | 0.0 |
| 675,000 | | | (1) | | Albertsons Cos, Inc. / Safeway, Inc. / New Albertsons L.P. / Albertsons LLC, 5.875%, 02/15/2028 | | | 642,870 | | | | 0.0 |
| 300,000 | | | (1) | | Allied Universal Holdco LLC / Allied Universal Finance Corp., 6.000%, 06/01/2029 | | | 218,118 | | | | 0.0 |
| 150,000 | | | (1) | | Allied Universal Holdco LLC / Allied Universal Finance Corp., 6.625%, 07/15/2026 | | | 137,559 | | | | 0.0 |
| 620,000 | | | (1) | | Allied Universal Holdco LLC / Allied Universal Finance Corp., 9.750%, 07/15/2027 | | | 540,733 | | | | 0.0 |
| 825,000 | | | (1) | | Alta Equipment Group, Inc., 5.625%, 04/15/2026 | | | 745,948 | | | | 0.1 |
| 875,000 | | | (1) | | AMN Healthcare, Inc., 4.625%, 10/01/2027 | | | 808,316 | | | | 0.1 |
| 450,000 | | | (1) | | APi Escrow Corp., 4.750%, 10/15/2029 | | | 392,389 | | | | 0.0 |
| 300,000 | | | (1) | | APi Group DE, Inc., 4.125%, 07/15/2029 | | | 249,000 | | | | 0.0 |
| 225,000 | | | (1) | | Bausch Health Cos, Inc., 4.875%, 06/01/2028 | | | 143,530 | | | | 0.0 |
| 137,000 | | | (1) | | Bausch Health Cos, Inc., 11.000%, 09/30/2028 | | | 107,524 | | | | 0.0 |
| 675,000 | | | (1) | | BellRing Brands, Inc., 7.000%, 03/15/2030 | | | 650,379 | | | | 0.0 |
| 225,000 | | | | | Centene Corp., 2.625%, 08/01/2031 | | | 177,238 | | | | 0.0 |
| 975,000 | | | | | Centene Corp., 4.625%, 12/15/2029 | | | 893,189 | | | | 0.1 |
| 1,000,000 | | | (1) | | Cheplapharm Arzneimittel GmbH, 5.500%, 01/15/2028 | | | 837,780 | | | | 0.1 |
| 325,000 | | | (1) | | CHS/Community Health Systems, Inc., 4.750%, 02/15/2031 | | | 236,566 | | | | 0.0 |
| 400,000 | | | (1) | | CHS/Community Health Systems, Inc., 5.250%, 05/15/2030 | | | 302,329 | | | | 0.0 |
| 500,000 | | | (1) | | CHS/Community Health Systems, Inc., 5.625%, 03/15/2027 | | | 429,640 | | | | 0.0 |
| 835,000 | | | (1) | | CoreLogic, Inc., 4.500%, 05/01/2028 | | | 641,693 | | | | 0.0 |
| 765,000 | | | (1) | | CPI CG, Inc., 8.625%, 03/15/2026 | | | 755,351 | | | | 0.1 |
| 275,000 | | | (1) | | DaVita, Inc., 3.750%, 02/15/2031 | | | 205,853 | | | | 0.0 |
| 725,000 | | | (1) | | DaVita, Inc., 4.625%, 06/01/2030 | | | 584,743 | | | | 0.0 |
| 825,000 | | | | | Encompass Health Corp., 4.750%, 02/01/2030 | | | 725,791 | | | | 0.1 |
| 575,000 | | | (1) | | Graham Holdings Co., 5.750%, 06/01/2026 | | | 565,849 | | | | 0.0 |
| 800,000 | | | (1) | | Jazz Securities DAC, 4.375%, 01/15/2029 | | | 714,460 | | | | 0.1 |
| 599,000 | | | (1) | | KeHE Distributors LLC / KeHE Finance Corp., 8.625%, 10/15/2026 | | | 590,404 | | | | 0.0 |
| 555,000 | | | (1) | | Medline Borrower L.P., 3.875%, 04/01/2029 | | | 448,299 | | | | 0.0 |
| 825,000 | | | (1),(2) | | Medline Borrower L.P., 5.250%, 10/01/2029 | | | 656,745 | | | | 0.0 |
| 555,000 | | | (1),(2) | | MPH Acquisition Holdings LLC, 5.750%, 11/01/2028 | | | 370,303 | | | | 0.0 |
| 850,000 | | | (1) | | NESCO Holdings II, Inc., 5.500%, 04/15/2029 | | | 744,855 | | | | 0.1 |
| 400,000 | | | | | New Albertsons L.P., 7.450%, 08/01/2029 | | | 407,558 | | | | 0.0 |
| 1,100,000 | | | (1) | | Organon & Co. / Organon Foreign Debt Co-Issuer BV, 5.125%, 04/30/2031 | | | 954,399 | | | | 0.1 |
| 630,000 | | | (1) | | PECF USS Intermediate Holding III Corp., 8.000%, 11/15/2029 | | | 410,124 | | | | 0.0 |
| 568,000 | | | (1) | | Picasso Finance Sub, Inc., 6.125%, 06/15/2025 | | | 563,200 | | | | 0.0 |
| 425,000 | | | (1) | | Post Holdings, Inc., 4.625%, 04/15/2030 | | | 367,551 | | | | 0.0 |
| 1,000,000 | | | (1) | | Post Holdings, Inc., 5.625%, 01/15/2028 | | | 942,805 | | | | 0.1 |
| 875,000 | | | (1) | | Primo Water Holdings, Inc., 4.375%, 04/30/2029 | | | 756,675 | | | | 0.1 |
| 675,000 | | | (1) | | Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, 4.625%, 03/01/2029 | | | 550,302 | | | | 0.0 |
| 355,000 | | | (1) | | Spectrum Brands, Inc., 3.875%, 03/15/2031 | | | 276,557 | | | | 0.0 |
| 375,000 | | | (1) | | Spectrum Brands, Inc., 5.500%, 07/15/2030 | | | 331,561 | | | | 0.0 |
| 605,000 | | | (1) | | Teleflex, Inc., 4.250%, 06/01/2028 | | | 553,351 | | | | 0.0 |
| 350,000 | | | (1) | | Tenet Healthcare Corp., 4.250%, 06/01/2029 | | | 303,851 | | | | 0.0 |
| 200,000 | | | (1) | | Tenet Healthcare Corp., 5.125%, 11/01/2027 | | | 186,454 | | | | 0.0 |
| 1,150,000 | | | (1),(2) | | Tenet Healthcare Corp., 6.125%, 10/01/2028 | | | 1,032,045 | | | | 0.1 |
| 740,000 | | | (1) | | Tenet Healthcare Corp., 6.125%, 06/15/2030 | | | 706,371 | | | | 0.1 |
| 725,000 | | | (1) | | Triton Water Holdings, Inc., 6.250%, 04/01/2029 | | | 582,494 | | | | 0.0 |
| 675,000 | | | (1) | | United Natural Foods, Inc., 6.750%, 10/15/2028 | | | 649,640 | | | | 0.0 |
| 200,000 | | | | | United Rentals North America, Inc., 3.750%, 01/15/2032 | | | 163,426 | | | | 0.0 |
| 425,000 | | | | | United Rentals North America, Inc., 4.875%, 01/15/2028 | | | 403,688 | | | | 0.0 |
| 125,000 | | | | | United Rentals North America, Inc., 5.250%, 01/15/2030 | | | 117,669 | | | | 0.0 |
| 600,000 | | | (1) | | Varex Imaging Corp., 7.875%, 10/15/2027 | | | 597,204 | | | | 0.0 |
| | | | | | | | | 28,042,701 | | | | 1.5 |
| | | | | | | | | | | | | |
| | | | | | Energy: 2.9% | | | | | | | |
| 875,000 | | | (1) | | Aethon United BR L.P. / Aethon United Finance Corp., 8.250%, 02/15/2026 | | | 868,963 | | | | 0.1 |
| 350,000 | | | (1) | | Antero Midstream Partners L.P. / Antero Midstream Finance Corp., 5.375%, 06/15/2029 | | | 320,456 | | | | 0.0 |
| 525,000 | | | (1) | | Antero Midstream Partners L.P. / Antero Midstream Finance Corp., 5.750%, 03/01/2027 | | | 497,216 | | | | 0.0 |
| 360,000 | | | (1) | | Antero Resources Corp., 5.375%, 03/01/2030 | | | 334,246 | | | | 0.0 |
| 103,000 | | | (1) | | Antero Resources Corp., 7.625%, 02/01/2029 | | | 103,706 | | | | 0.0 |
| 450,000 | | | | | Apache Corp., 5.100%, 09/01/2040 | | | 373,935 | | | | 0.0 |
| 415,000 | | | | | Apache Corp., 5.250%, 02/01/2042 | | | 341,710 | | | | 0.0 |
| 775,000 | | | (1) | | Archrock Partners L.P. / Archrock Partners Finance Corp., 6.250%, 04/01/2028 | | | 710,394 | | | | 0.0 |
| 250,000 | | | (1) | | Archrock Partners L.P. / Archrock Partners Finance Corp., 6.875%, 04/01/2027 | | | 239,061 | | | | 0.0 |
| 850,000 | | | (1) | | Ascent Resources Utica Holdings LLC / ARU Finance Corp., 5.875%, 06/30/2029 | | | 758,990 | | | | 0.1 |
| 800,000 | | | (1) | | Atlantica Sustainable Infrastructure PLC, 4.125%, 06/15/2028 | | | 710,883 | | | | 0.0 |
| 675,000 | | | (1),(2) | | Baytex Energy Corp., 8.750%, 04/01/2027 | | | 687,909 | | | | 0.0 |
| 825,000 | | | | | Cenovus Energy, Inc., 5.250%, 06/15/2037 | | | 754,779 | | | | 0.1 |
| 900,000 | | | (1) | | Chesapeake Energy Corp., 6.750%, 04/15/2029 | | | 877,455 | | | | 0.1 |
| 625,000 | | | (1) | | Chord Energy Corp., 6.375%, 06/01/2026 | | | 609,575 | | | | 0.0 |
| 575,000 | | | (1) | | CNX Midstream Partners LP, 4.750%, 04/15/2030 | | | 472,630 | | | | 0.0 |
| 825,000 | | | (1) | | Colgate Energy Partners III LLC, 5.875%, 07/01/2029 | | | 709,632 | | | | 0.0 |
| 875,000 | | | (1) | | Comstock Resources, Inc., 5.875%, 01/15/2030 | | | 753,375 | | | | 0.1 |
| 1,025,000 | | | (1) | | Crescent Energy Finance LLC, 7.250%, 05/01/2026 | | | 967,205 | | | | 0.1 |
| 1,050,000 | | | (1) | | Crestwood Midstream Partners L.P. / Crestwood Midstream Finance Corp., 6.000%, 02/01/2029 | | | 964,903 | | | | 0.1 |
| 250,000 | | | | | DCP Midstream Operating L.P., 5.375%, 07/15/2025 | | | 248,082 | | | | 0.0 |
| 520,000 | | | | | Delek Logistics Partners L.P. / Delek Logistics Finance Corp., 6.750%, 05/15/2025 | | | 503,173 | | | | 0.0 |
| 525,000 | | | (1) | | Delek Logistics Partners L.P. / Delek Logistics Finance Corp., 7.125%, 06/01/2028 | | | 474,243 | | | | 0.0 |
| 162,000 | | | | | Devon Energy Corp., 4.500%, 01/15/2030 | | | 151,193 | | | | 0.0 |
| 275,000 | | | (1) | | DT Midstream, Inc., 4.125%, 06/15/2029 | | | 236,785 | | | | 0.0 |
| 575,000 | | | (1) | | DT Midstream, Inc., 4.375%, 06/15/2031 | | | 483,144 | | | | 0.0 |
| 625,000 | | | (1) | | Earthstone Energy Holdings LLC, 8.000%, 04/15/2027 | | | 598,688 | | | | 0.0 |
| 2,500,000 | | | | | Ecopetrol SA, 6.875%, 04/29/2030 | | | 2,272,794 | | | | 0.1 |
| 1,450,000 | | | (1) | | EIG Pearl Holdings Sarl, 3.545%, 08/31/2036 | | | 1,220,366 | | | | 0.1 |
| 500,000 | | | | | Empresa Nacional del Petroleo, 3.750%, 08/05/2026 | | | 469,910 | | | | 0.0 |
| 1,200,000 | | | | | Empresa Nacional del Petroleo, 5.250%, 11/06/2029 | | | 1,163,766 | | | | 0.1 |
| 340,000 | | | (1) | | Empresa Nacional del Petroleo, 5.250%, 11/06/2029 | | | 329,734 | | | | 0.0 |
| 825,000 | | | (1) | | Encino Acquisition Partners Holdings LLC, 8.500%, 05/01/2028 | | | 755,110 | | | | 0.1 |
| 330,000 | | | (1) | | Enerflex Ltd., 9.000%, 10/15/2027 | | | 329,528 | | | | 0.0 |
| 5,725,000 | | | (4) | | Energy Transfer L.P., 7.125%, 12/31/2199 | | | 4,794,688 | | | | 0.3 |
| 1,225,000 | | | (2) | | EnLink Midstream LLC, 5.375%, 06/01/2029 | | | 1,135,524 | | | | 0.1 |
| 700,000 | | | (1) | | Enviva Partners L.P. / Enviva Partners Finance Corp., 6.500%, 01/15/2026 | | | 660,394 | | | | 0.0 |
| 285,000 | | | | | EQM Midstream Partners L.P., 5.500%, 07/15/2028 | | | 255,347 | | | | 0.0 |
| 131,000 | | | (1) | | EQM Midstream Partners L.P., 6.000%, 07/01/2025 | | | 126,640 | | | | 0.0 |
| 500,000 | | | (1) | | Hess Midstream Operations L.P., 4.250%, 02/15/2030 | | | 428,135 | | | | 0.0 |
| 425,000 | | | (1) | | Hess Midstream Operations L.P., 5.125%, 06/15/2028 | | | 393,748 | | | | 0.0 |
| 175,000 | | | (1) | | Hess Midstream Operations L.P., 5.500%, 10/15/2030 | | | 160,336 | | | | 0.0 |
| 400,000 | | | (1) | | Hilcorp Energy I L.P. / Hilcorp Finance Co., 5.750%, 02/01/2029 | | | 356,605 | | | | 0.0 |
| 400,000 | | | (1) | | Hilcorp Energy I L.P. / Hilcorp Finance Co., 6.000%, 04/15/2030 | | | 360,500 | | | | 0.0 |
| 475,000 | | | (1) | | Hilcorp Energy I L.P. / Hilcorp Finance Co., 6.000%, 02/01/2031 | | | 411,497 | | | | 0.0 |
| 725,000 | | | (1) | | Howard Midstream Energy Partners LLC, 6.750%, 01/15/2027 | | | 695,852 | | | | 0.0 |
| 925,000 | | | (1) | | Kinetik Holdings L.P., 5.875%, 06/15/2030 | | | 868,698 | | | | 0.1 |
| 1,050,000 | | | (1) | | Moss Creek Resources Holdings, Inc., 7.500%, 01/15/2026 | | | 948,318 | | | | 0.1 |
| 400,000 | | | | | Murphy Oil Corp., 5.875%, 12/01/2027 | | | 385,604 | | | | 0.0 |
| 700,000 | | | | | Murphy Oil Corp., 6.375%, 07/15/2028 | | | 674,786 | | | | 0.0 |
| 675,000 | | | (1) | | Nabors Industries Ltd., 7.500%, 01/15/2028 | | | 618,621 | | | | 0.0 |
| 255,000 | | | | | Nabors Industries, Inc., 5.100%, 09/15/2023 | | | 251,111 | | | | 0.0 |
| 300,000 | | | (1) | | Nabors Industries, Inc., 7.375%, 05/15/2027 | | | 290,955 | | | | 0.0 |
| 400,000 | | | | | Occidental Petroleum Corp., 4.625%, 06/15/2045 | | | 323,811 | | | | 0.0 |
| 1,005,000 | | | | | Occidental Petroleum Corp., 5.500%, 12/01/2025 | | | 1,002,990 | | | | 0.1 |
| 1,300,000 | | | | | Occidental Petroleum Corp., 6.625%, 09/01/2030 | | | 1,346,326 | | | | 0.1 |
| 575,000 | | | | | Occidental Petroleum Corp., 8.500%, 07/15/2027 | | | 620,152 | | | | 0.0 |
| 2,100,000 | | | (1) | | Pertamina Persero PT, 2.300%, 02/09/2031 | | | 1,702,358 | | | | 0.1 |
| 1,000,000 | | | | | Petroleos del Peru SA, 4.750%, 06/19/2032 | | | 774,700 | | | | 0.1 |
| 6,450,000 | | | | | Petroleos Mexicanos, 5.950%, 01/28/2031 | | | 4,896,408 | | | | 0.3 |
| 33,000 | | | | | Petroleos Mexicanos, 6.700%, 02/16/2032 | | | 25,978 | | | | 0.0 |
| 1,625,000 | | | (1) | | Reliance Industries Ltd., 2.875%, 01/12/2032 | | | 1,318,958 | | | | 0.1 |
| 1,700,000 | | | (1) | | Reliance Industries Ltd., 3.625%, 01/12/2052 | | | 1,118,782 | | | | 0.1 |
| 1,275,000 | | | | | Southwestern Energy Co., 5.375%, 02/01/2029 | | | 1,183,844 | | | | 0.1 |
| 625,000 | | | (1) | | SunCoke Energy, Inc., 4.875%, 06/30/2029 | | | 537,305 | | | | 0.0 |
| 250,000 | | | | | Sunoco L.P. / Sunoco Finance Corp., 4.500%, 05/15/2029 | | | 219,036 | | | | 0.0 |
| 650,000 | | | | | Sunoco L.P. / Sunoco Finance Corp., 4.500%, 04/30/2030 | | | 565,110 | | | | 0.0 |
| 350,000 | | | (1) | | Tallgrass Energy Partners L.P. / Tallgrass Energy Finance Corp., 5.500%, 01/15/2028 | | | 310,947 | | | | 0.0 |
| 450,000 | | | (1) | | Tallgrass Energy Partners L.P. / Tallgrass Energy Finance Corp., 7.500%, 10/01/2025 | | | 454,759 | | | | 0.0 |
| 612,500 | | | (1) | | Transocean Poseidon Ltd., 6.875%, 02/01/2027 | | | 597,004 | | | | 0.0 |
| 475,000 | | | (1) | | Transocean, Inc., 7.500%, 01/15/2026 | | | 400,625 | | | | 0.0 |
| 1,025,000 | | | (1) | | Weatherford International Ltd., 8.625%, 04/30/2030 | | | 986,146 | | | | 0.1 |
| 975,000 | | | | | Western Midstream Operating L.P., 5.450%, 04/01/2044 | | | 811,683 | | | | 0.1 |
| | | | | | | | | 54,307,820 | | | | 2.9 |
| | | | | | | | | | | | | |
| | | | | | Financial: 7.7% | | | | | | | |
| 750,000 | | | | | Ally Financial, Inc., 5.750%, 11/20/2025 | | | 727,350 | | | | 0.1 |
| 3,624,000 | | | | | American Express Co., 3.950%, 08/01/2025 | | | 3,553,790 | | | | 0.2 |
| 625,000 | | | (1) | | Aretec Escrow Issuer, Inc., 7.500%, 04/01/2029 | | | 517,161 | | | | 0.0 |
| 1,250,000 | | | | | Banco Nacional de Panama, 2.500%, 08/11/2030 | | | 1,004,094 | | | | 0.1 |
| 1,628,000 | | | (1),(4) | | Bangkok Bank PCL/Hong Kong, 5.000%, 12/31/2199 | | | 1,545,895 | | | | 0.1 |
| 2,100,000 | | | | | Bank Hapoalim, 3.255%, 01/21/2032 | | | 1,807,008 | | | | 0.1 |
| 7,636,000 | | | (4) | | Bank of America Corp., 1.530%, 12/06/2025 | | | 7,048,127 | | | | 0.4 |
| 28,470,000 | | | (4) | | Bank of America Corp., 3.384%, 04/02/2026 | | | 27,214,043 | | | | 1.5 |
| 177,000 | | | (4) | | Bank of America Corp., 3.846%, 03/08/2037 | | | 147,022 | | | | 0.0 |
| 825,000 | | | (1) | | BroadStreet Partners, Inc., 5.875%, 04/15/2029 | | | 703,215 | | | | 0.0 |
| 625,000 | | | (1) | | Burford Capital Global Finance LLC, 6.875%, 04/15/2030 | | | 559,057 | | | | 0.0 |
| 5,076,000 | | | (4) | | Capital One Financial Corp., 4.166%, 05/09/2025 | | | 4,960,867 | | | | 0.3 |
| 6,327,000 | | | (1),(4) | | Corebridge Financial, Inc., 6.875%, 12/15/2052 | | | 5,875,825 | | | | 0.3 |
| 875,000 | | | (1) | | Cushman & Wakefield US Borrower LLC, 6.750%, 05/15/2028 | | | 836,609 | | | | 0.1 |
| 255,000 | | | (1) | | Freedom Mortgage Corp., 6.625%, 01/15/2027 | | | 198,773 | | | | 0.0 |
| 375,000 | | | (1) | | Freedom Mortgage Corp., 7.625%, 05/01/2026 | | | 313,390 | | | | 0.0 |
| 527,000 | | | (1) | | Freedom Mortgage Corp., 8.250%, 04/15/2025 | | | 474,857 | | | | 0.0 |
| 19,936,000 | | | (4) | | JPMorgan Chase & Co., 2.083%, 04/22/2026 | | | 18,523,497 | | | | 1.0 |
| 4,589,000 | | | (4) | | JPMorgan Chase & Co., 5.717%, 09/14/2033 | | | 4,492,837 | | | | 0.3 |
| 825,000 | | | (1) | | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp., 4.750%, 06/15/2029 | | | 667,285 | | | | 0.0 |
| 800,000 | | | (1) | | LPL Holdings, Inc., 4.000%, 03/15/2029 | | | 697,160 | | | | 0.0 |
| 400,000 | | | (1) | | Midcap Financial Issuer Trust, 5.625%, 01/15/2030 | | | 324,468 | | | | 0.0 |
| 515,000 | | | (1) | | Midcap Financial Issuer Trust, 6.500%, 05/01/2028 | | | 443,654 | | | | 0.0 |
| 15,379,000 | | | (4) | | Morgan Stanley, 2.188%, 04/28/2026 | | | 14,304,363 | | | | 0.8 |
| 22,252,000 | | | (4) | | Morgan Stanley, 4.679%, 07/17/2026 | | | 21,892,050 | | | | 1.2 |
| 535,000 | | | | | MPT Operating Partnership L.P. / MPT Finance Corp., 4.625%, 08/01/2029 | | | 408,946 | | | | 0.0 |
| 675,000 | | | (2) | | MPT Operating Partnership L.P. / MPT Finance Corp., 5.000%, 10/15/2027 | | | 568,863 | | | | 0.0 |
| 2,591,000 | | | | | Nasdaq, Inc., 3.950%, 03/07/2052 | | | 1,981,241 | | | | 0.1 |
| 850,000 | | | (1) | | Nationstar Mortgage Holdings, Inc., 5.125%, 12/15/2030 | | | 657,630 | | | | 0.0 |
| 875,000 | | | | | Navient Corp., 4.875%, 03/15/2028 | | | 720,858 | | | | 0.1 |
| 475,000 | | | (2) | | Navient Corp., 5.000%, 03/15/2027 | | | 416,652 | | | | 0.0 |
| 165,000 | | | | | Navient Corp., 7.250%, 09/25/2023 | | | 165,380 | | | | 0.0 |
| 425,000 | | | (2) | | OneMain Finance Corp., 4.000%, 09/15/2030 | | | 317,664 | | | | 0.0 |
| 1,050,000 | | | | | OneMain Finance Corp., 5.375%, 11/15/2029 | | | 860,539 | | | | 0.1 |
| 900,000 | | | (1) | | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer, 5.875%, 10/01/2028 | | | 817,286 | | | | 0.1 |
| 700,000 | | | (1) | | PRA Group, Inc., 5.000%, 10/01/2029 | | | 578,529 | | | | 0.0 |
| 175,000 | | | (1) | | Realogy Group LLC / Realogy Co-Issuer Corp., 5.250%, 04/15/2030 | | | 127,892 | | | | 0.0 |
| 800,000 | | | (1) | | Realogy Group LLC / Realogy Co-Issuer Corp., 5.750%, 01/15/2029 | | | 606,152 | | | | 0.0 |
| 700,000 | | | (1) | | RLJ Lodging Trust L.P., 4.000%, 09/15/2029 | | | 568,477 | | | | 0.0 |
| 1,000,000 | | | (1) | | United Wholesale Mortgage LLC, 5.750%, 06/15/2027 | | | 862,311 | | | | 0.1 |
| 325,000 | | | (1) | | Uniti Group L.P. / Uniti Fiber Holdings, Inc. / CSL Capital LLC, 6.000%, 01/15/2030 | | | 206,076 | | | | 0.0 |
| 500,000 | | | (1) | | Uniti Group L.P. / Uniti Group Finance, Inc. / CSL Capital LLC, 6.500%, 02/15/2029 | | | 332,185 | | | | 0.0 |
| 700,000 | | | (1) | | VistaJet Malta Finance PLC / XO Management Holding, Inc., 6.375%, 02/01/2030 | | | 562,188 | | | | 0.0 |
| 13,090,000 | | | (4) | | Wells Fargo & Co., 4.540%, 08/15/2026 | | | 12,840,695 | | | | 0.7 |
| 725,000 | | | (1) | | XHR L.P., 4.875%, 06/01/2029 | | | 594,809 | | | | 0.0 |
| | | �� | | | | | | 143,026,770 | | | | 7.7 |
| | | | | | | | | | | | | |
| | | | | | Industrial: 1.3% | | | | | | | |
| 1,025,000 | | | (1),(3) | | ARD Finance SA, 6.500% (PIK Rate 7.250%, Cash Rate 6.500%), 06/30/2027 | | | 714,540 | | | | 0.1 |
| 375,000 | | | | | Ball Corp., 3.125%, 09/15/2031 | | | 301,661 | | | | 0.0 |
| 335,000 | | | | | Ball Corp., 6.875%, 03/15/2028 | | | 344,537 | | | | 0.0 |
| 405,000 | | | (1) | | Bombardier, Inc., 7.875%, 04/15/2027 | | | 393,675 | | | | 0.0 |
| 775,000 | | | (1) | | Brundage-Bone Concrete Pumping Holdings, Inc., 6.000%, 02/01/2026 | | | 707,494 | | | | 0.1 |
| 200,000 | | | (1) | | Builders FirstSource, Inc., 4.250%, 02/01/2032 | | | 162,497 | | | | 0.0 |
| 475,000 | | | (1) | | Builders FirstSource, Inc., 5.000%, 03/01/2030 | | | 421,662 | | | | 0.0 |
| 950,000 | | | (1) | | Cargo Aircraft Management, Inc., 4.750%, 02/01/2028 | | | 863,702 | | | | 0.1 |
| 1,025,000 | | | (1) | | Cascades, Inc./Cascades USA, Inc., 5.375%, 01/15/2028 | | | 899,784 | | | | 0.1 |
| 725,000 | | | (1) | | Chart Industries, Inc., 7.500%, 01/01/2030 | | | 729,742 | | | | 0.1 |
| 195,000 | | | (1) | | Chart Industries, Inc., 9.500%, 01/01/2031 | | | 200,229 | | | | 0.0 |
| 775,000 | | | (1) | | Fortress Transportation and Infrastructure Investors LLC, 5.500%, 05/01/2028 | | | 662,183 | | | | 0.0 |
| 875,000 | | | (1) | | GFL Environmental, Inc., 4.000%, 08/01/2028 | | | 749,276 | | | | 0.1 |
| 425,000 | | | (1) | | GFL Environmental, Inc., 4.375%, 08/15/2029 | | | 360,708 | | | | 0.0 |
| 325,000 | | | (1) | | Global Infrastructure Solutions, Inc., 5.625%, 06/01/2029 | | | 255,359 | | | | 0.0 |
| 350,000 | | | (1) | | Global Infrastructure Solutions, Inc., 7.500%, 04/15/2032 | | | 277,515 | | | | 0.0 |
| 625,000 | | | (1),(2) | | GrafTech Finance, Inc., 4.625%, 12/15/2028 | | | 514,183 | | | | 0.0 |
| 725,000 | | | (1) | | Graham Packaging Co., Inc., 7.125%, 08/15/2028 | | | 606,080 | | | | 0.0 |
| 600,000 | | | (1) | | Granite US Holdings Corp., 11.000%, 10/01/2027 | | | 633,126 | | | | 0.0 |
| 125,000 | | | | | Howmet Aerospace, Inc., 5.125%, 10/01/2024 | | | 123,880 | | | | 0.0 |
| 550,000 | | | | | Howmet Aerospace, Inc., 5.900%, 02/01/2027 | | | 547,806 | | | | 0.0 |
| 775,000 | | | (1) | | Imola Merger Corp., 4.750%, 05/15/2029 | | | 673,962 | | | | 0.1 |
| 400,000 | | | (1),(3) | | Intelligent Packaging Holdco Issuer LP, 9.000% (PIK Rate 9.750%, Cash Rate 9.000%), 01/15/2026 | | | 281,526 | | | | 0.0 |
| 725,000 | | | (1) | | Intelligent Packaging Ltd. Finco, Inc. / Intelligent Packaging Ltd. Co-Issuer LLC, 6.000%, 09/15/2028 | | | 586,141 | | | | 0.0 |
| 600,000 | | | (1) | | Koppers, Inc., 6.000%, 02/15/2025 | | | 570,948 | | | | 0.0 |
| 3,425,000 | | | (1) | | Misc Capital Two Labuan Ltd., 3.750%, 04/06/2027 | | | 3,108,048 | | | | 0.2 |
| 800,000 | | | (1) | | New Enterprise Stone & Lime Co., Inc., 9.750%, 07/15/2028 | | | 741,772 | | | | 0.1 |
| 1,005,000 | | | (1) | | PGT Innovations, Inc., 4.375%, 10/01/2029 | | | 842,710 | | | | 0.1 |
| 575,000 | | | (1) | | Roller Bearing Co. of America, Inc., 4.375%, 10/15/2029 | | | 497,921 | | | | 0.0 |
| 200,000 | | | (1) | | Rolls-Royce PLC, 3.625%, 10/14/2025 | | | 185,000 | | | | 0.0 |
| 600,000 | | | (1) | | Rolls-Royce PLC, 5.750%, 10/15/2027 | | | 572,478 | | | | 0.0 |
| 950,000 | | | (1) | | Sealed Air Corp., 4.000%, 12/01/2027 | | | 863,414 | | | | 0.1 |
| 225,000 | | | (1) | | Sensata Technologies BV, 5.000%, 10/01/2025 | | | 220,124 | | | | 0.0 |
| 585,000 | | | (1) | | Sensata Technologies, Inc., 3.750%, 02/15/2031 | | | 482,142 | | | | 0.0 |
| 220,000 | | | (1) | | Standard Industries, Inc./NJ, 3.375%, 01/15/2031 | | | 166,009 | | | | 0.0 |
| 425,000 | | | (1) | | Standard Industries, Inc./NJ, 4.375%, 07/15/2030 | | | 347,229 | | | | 0.0 |
| 675,000 | | | (1) | | Stevens Holding Co., Inc., 6.125%, 10/01/2026 | | | 677,849 | | | | 0.1 |
| 475,000 | | | (1) | | Summit Materials LLC / Summit Materials Finance Corp., 5.250%, 01/15/2029 | | | 443,080 | | | | 0.0 |
| 400,000 | | | (1) | | Summit Materials LLC / Summit Materials Finance Corp., 6.500%, 03/15/2027 | | | 392,676 | | | | 0.0 |
| 425,000 | | | | | TransDigm, Inc., 4.625%, 01/15/2029 | | | 374,436 | | | | 0.0 |
| 500,000 | | | | | TransDigm, Inc., 5.500%, 11/15/2027 | | | 470,540 | | | | 0.0 |
| 575,000 | | | | | TransDigm, Inc., 6.375%, 06/15/2026 | | | 560,289 | | | | 0.0 |
| 575,000 | | | (1) | | Weekley Homes LLC / Weekley Finance Corp., 4.875%, 09/15/2028 | | | 484,173 | | | | 0.0 |
| | | | | | | | | 24,012,106 | | | | 1.3 |
| | | | | | | | | | | | | |
| | | | | | Technology: 0.4% | | | | | | | |
| 820,000 | | | (1) | | Condor Merger Sub, Inc., 7.375%, 02/15/2030 | | | 660,769 | | | | 0.1 |
| 625,000 | | | (1) | | Consensus Cloud Solutions, Inc., 6.500%, 10/15/2028 | | | 575,668 | | | | 0.0 |
| 345,000 | | | (1) | | Entegris Escrow Corp., 6.950%, 06/15/2030 | | | 318,608 | | | | 0.0 |
| 275,000 | | | (1),(2) | | Entegris, Inc., 3.625%, 05/01/2029 | | | 224,269 | | | | 0.0 |
| 1,175,000 | | | (1) | | NCR Corp., 5.125%, 04/15/2029 | | | 984,777 | | | | 0.1 |
| 175,000 | | | (1) | | Open Text Corp., 3.875%, 02/15/2028 | | | 150,474 | | | | 0.0 |
| 300,000 | | | (1) | | Open Text Corp., 3.875%, 12/01/2029 | | | 241,690 | | | | 0.0 |
| 650,000 | | | (1) | | Open Text Holdings, Inc., 4.125%, 02/15/2030 | | | 522,561 | | | | 0.0 |
| 2,291,000 | | | | | Oracle Corp., 3.800%, 11/15/2037 | | | 1,822,103 | | | | 0.1 |
| 1,253,000 | | | | | Oracle Corp., 3.950%, 03/25/2051 | | | 898,177 | | | | 0.1 |
| 600,000 | | | (1) | | Playtika Holding Corp., 4.250%, 03/15/2029 | | | 471,750 | | | | 0.0 |
| 775,000 | | | (1) | | Rackspace Technology Global, Inc., 5.375%, 12/01/2028 | | | 339,044 | | | | 0.0 |
| 310,000 | | | (1) | | Veritas US, Inc. / Veritas Bermuda Ltd., 7.500%, 09/01/2025 | | | 214,169 | | | | 0.0 |
| 750,000 | | | (1) | | Virtusa Corp., 7.125%, 12/15/2028 | | | 572,642 | | | | 0.0 |
| | | | | | | | | 7,996,701 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | Utilities: 1.7% | | | | | | | |
| 1,325,000 | | | (1) | | AES Panama Generation Holdings SRL, 4.375%, 05/31/2030 | | | 1,154,135 | | | | 0.1 |
| 85,000 | | | (1) | | Clearway Energy Operating LLC, 3.750%, 01/15/2032 | | | 68,455 | | | | 0.0 |
| 600,000 | | | (1),(2) | | Clearway Energy Operating LLC, 4.750%, 03/15/2028 | | | 554,697 | | | | 0.0 |
| 1,250,000 | | | (1) | | Comision Federal de Electricidad, 4.688%, 05/15/2029 | | | 1,111,061 | | | | 0.1 |
| 4,028,000 | | | (4) | | Dominion Energy, Inc., 4.650%, 12/31/2199 | | | 3,544,640 | | | | 0.2 |
| 600,000 | | | (1) | | Drax Finco PLC, 6.625%, 11/01/2025 | | | 574,336 | | | | 0.0 |
| 1,343,000 | | | (4) | | Duke Energy Corp., 4.875%, 12/31/2199 | | | 1,228,845 | | | | 0.1 |
| 895,000 | | | | | Duke Energy Florida LLC, 4.200%, 07/15/2048 | | | 754,698 | | | | 0.0 |
| 1,266,000 | | | | | Duke Energy Indiana LLC, 3.250%, 10/01/2049 | | | 884,546 | | | | 0.1 |
| 625,000 | | | | | Inkia Energy Ltd., 5.875%, 11/09/2027 | | | 591,506 | | | | 0.0 |
| 4,907,000 | | | (4) | | National Rural Utilities Cooperative Finance Corp., 4.750%, 04/30/2043 | | | 4,551,489 | | | | 0.2 |
| 2,875,000 | | | (4) | | NextEra Energy Capital Holdings, Inc., 5.650%, 05/01/2079 | | | 2,617,078 | | | | 0.1 |
| 1,525,000 | | | (1) | | Perusahaan Listrik Negara PT, 3.875%, 07/17/2029 | | | 1,354,577 | | | | 0.1 |
| 2,950,000 | | | | | Perusahaan Listrik Negara PT, 5.450%, 05/21/2028 | | | 2,926,680 | | | | 0.2 |
| 3,751,000 | | | (2) | | South Jersey Industries, Inc., 5.020%, 04/15/2031 | | | 2,923,708 | | | | 0.2 |
| 3,625,000 | | | (4) | | Southern Co/The, 4.000%, 01/15/2051 | | | 3,307,813 | | | | 0.2 |
| 2,538,000 | | | | | Southern Co/The, 4.475%, 08/01/2024 | | | 2,507,768 | | | | 0.1 |
| 415,000 | | | | | TransAlta Corp., 7.750%, 11/15/2029 | | | 424,390 | | | | 0.0 |
| 300,000 | | | (1) | | Vistra Operations Co. LLC, 5.500%, 09/01/2026 | | | 289,514 | | | | 0.0 |
| 625,000 | | | (1) | | Vistra Operations Co. LLC, 5.625%, 02/15/2027 | | | 594,289 | | | | 0.0 |
| | | | | | | | | 31,964,225 | | | | 1.7 |
| | | | | | | | | | | | | |
| | | | Total Corporate Bonds/Notes | | | | | | | |
| | | | (Cost $445,687,136) | | | 400,032,530 | | | | 21.5 |
| | | | | | | | | | | | | |
| COLLATERALIZED MORTGAGE OBLIGATIONS: 23.6% | | | | | | | |
| 217,310 | | | (4) | | Adjustable Rate Mortgage Trust 2006-2 1A1, 3.228%, 05/25/2036 | | | 189,520 | | | | 0.0 |
| 1,258,156 | | | (1),(4) | | Agate Bay Mortgage Trust 2015-2 B3, 3.621%, 03/25/2045 | | | 1,145,760 | | | | 0.1 |
| 495,752 | | | (1),(4) | | Agate Bay Mortgage Trust 2015-4 B3, 3.523%, 06/25/2045 | | | 406,113 | | | | 0.0 |
| 1,613,222 | | | (1),(4) | | Agate Bay Mortgage Trust 2016-1 B3, 3.659%, 12/25/2045 | | | 1,347,110 | | | | 0.1 |
| 1,000,000 | | | (1),(4) | | Agate Bay Mortgage Trust 2016-1 B4, 3.659%, 12/25/2045 | | | 815,510 | | | | 0.1 |
| 1,137,085 | | | (1),(4) | | Agate Bay Mortgage Trust 2016-2 B4, 3.773%, 03/25/2046 | | | 780,023 | | | | 0.1 |
| 401,797 | | | | | Alternative Loan Trust 2004-J7 MI, 4.179%, (US0001M + 1.020%), 10/25/2034 | | | 400,112 | | | | 0.0 |
| 332,347 | | | | | Alternative Loan Trust 2005-10CB 1A2, 4.839%, (US0001M + 0.450%), 05/25/2035 | | | 250,388 | | | | 0.0 |
| 328,521 | | | | | Alternative Loan Trust 2005-23CB A15, 5.500%, 07/25/2035 | | | 266,153 | | | | 0.0 |
| 36,128 | | | | | Alternative Loan Trust 2005-6CB 1A3, 5.250%, 04/25/2035 | | | 30,389 | | | | 0.0 |
| 179,571 | | | | | Alternative Loan Trust 2005-J2 1A12, 4.789%, (US0001M + 0.400%), 04/25/2035 | | | 140,711 | | | | 0.0 |
| 30,549 | | | | | Alternative Loan Trust 2006-13T1 A9, 6.000%, 05/25/2036 | | | 15,565 | | | | 0.0 |
| 483,642 | | | | | Alternative Loan Trust 2006-18CB A10, 4.789%, (US0001M + 0.400%), 07/25/2036 | | | 212,760 | | | | 0.0 |
| 114,614 | | | | | Alternative Loan Trust 2006-19CB A12, 4.789%, (US0001M + 0.400%), 08/25/2036 | | | 58,380 | | | | 0.0 |
| 485,365 | | | | | Alternative Loan Trust 2006-19CB A28, 4.989%, (US0001M + 0.600%), 08/25/2036 | | | 254,283 | | | | 0.0 |
| 849,739 | | | | | Alternative Loan Trust 2006-27CB A5, 6.000%, 11/25/2036 | | | 501,503 | | | | 0.0 |
| 267,157 | | | | | Alternative Loan Trust 2006-HY11 A1, 4.629%, (US0001M + 0.120%), 06/25/2036 | | | 239,410 | | | | 0.0 |
| 847,201 | | | | | Alternative Loan Trust 2007-15CB A5, 5.750%, 07/25/2037 | | | 532,145 | | | | 0.0 |
| 120,946 | | | | | Alternative Loan Trust 2007-2CB 2A1, 4.989%, (US0001M + 0.600%), 03/25/2037 | | | 57,089 | | | | 0.0 |
| 183,581 | | | | | Alternative Loan Trust 2007-HY8C A1, 4.709%, (US0001M + 0.320%), 09/25/2047 | | | 158,665 | | | | 0.0 |
| 567,240 | | | | | Alternative Loan Trust 2007-OA4 A1, 4.729%, (US0001M + 0.170%), 05/25/2047 | | | 478,525 | | | | 0.0 |
| 505,567 | | | (1),(4) | | Arroyo Mortgage Trust 2019-3 A3, 3.416%, 10/25/2048 | | | 465,438 | | | | 0.0 |
| 291,060 | | | | | Banc of America Funding 2007-2 1A16 Trust, 4.989%, (US0001M + 0.600%), 03/25/2037 | | | 220,743 | | | | 0.0 |
| 1,515,408 | | | | | Banc of America Funding 2007-C 7A1 Trust, 4.773%, (US0001M + 0.210%), 05/20/2047 | | | 1,330,666 | | | | 0.1 |
| 158,459 | | | (4) | | Bear Stearns ALT-A Trust 2005-3 4A3, 3.042%, 04/25/2035 | | | 155,620 | | | | 0.0 |
| 392,555 | | | (4) | | Bear Stearns ALT-A Trust 2006-6 31A1, 3.602%, 11/25/2036 | | | 223,752 | | | | 0.0 |
| 570,590 | | | (4) | | Bear Stearns ALT-A Trust 2006-6 32A1, 3.586%, 11/25/2036 | | | 305,601 | | | | 0.0 |
| 107,270 | | | (4) | | Bear Stearns Structured Products, Inc. Trust 2007-R6 1A1, 3.524%, 01/26/2036 | | | 86,272 | | | | 0.0 |
| 1,300,000 | | | (1) | | Bellemeade Re 2019-1A M2 Ltd., 7.089%, (US0001M + 2.700%), 03/25/2029 | | | 1,291,173 | | | | 0.1 |
| 2,100,000 | | | (1) | | Bellemeade RE 2021-3 A M1C Ltd., 5.478%, (SOFR30A + 1.550%), 09/25/2031 | | | 1,883,538 | | | | 0.1 |
| 137,634 | | | (1),(4) | | Chase Home Lending Mortgage Trust 2019-ATR2 A3, 3.500%, 07/25/2049 | | | 122,994 | | | | 0.0 |
| 934,098 | | | (1),(4) | | Chase Mortgage Finance Corp. 2019-1 B2, 3.899%, 03/25/2050 | | | 760,927 | | | | 0.0 |
| 1,215,093 | | | (1),(4) | | Chase Mortgage Finance Corp. 2019-1 B3, 3.899%, 03/25/2050 | | | 924,674 | | | | 0.1 |
| 316,563 | | | (4) | | Chase Mortgage Finance Trust Series 2006-A1 2A3, 3.989%, 09/25/2036 | | | 272,584 | | | | 0.0 |
| 42,809 | | | (4) | | CHL Mortgage Pass-Through Trust 2004-22 A3, 3.793%, 11/25/2034 | | | 38,685 | | | | 0.0 |
| 267,131 | | | | | CHL Mortgage Pass-Through Trust 2005-HYB9 2A1, 5.512%, (US0012M + 1.750%), 02/20/2036 | | | 236,546 | | | | 0.0 |
| 2,012,242 | | | (1),(4) | | CHNGE Mortgage Trust 2022-1 A1, 3.007%, 01/25/2067 | | | 1,792,812 | | | | 0.1 |
| 168,694 | | | (1),(4) | | CIM Trust 2019-INV1 A1, 4.000%, 02/25/2049 | | | 158,496 | | | | 0.0 |
| 176,881 | | | (1),(4) | | CIM Trust 2019-INV2 A3, 4.000%, 05/25/2049 | | | 166,610 | | | | 0.0 |
| 178,650 | | | (1),(4) | | CIM Trust 2019-INV3 A15, 3.500%, 08/25/2049 | | | 162,437 | | | | 0.0 |
| 267,976 | | | (1),(4) | | CIM Trust 2019-INV3 A3, 3.500%, 08/25/2049 | | | 244,072 | | | | 0.0 |
| 1,624,238 | | | (1),(4) | | CIM Trust 2019-J1 B3, 3.943%, 08/25/2049 | | | 1,292,081 | | | | 0.1 |
| 3,016,225 | | | (1),(4) | | CIM Trust 2019-J2 B2, 3.766%, 10/25/2049 | | | 2,497,271 | | | | 0.1 |
| 1,893,952 | | | (1),(4) | | CIM Trust 2019-J2 B3, 3.766%, 10/25/2049 | | | 1,563,156 | | | | 0.1 |
| 1,231,387 | | | (1),(4) | | CIM Trust 2020-J2 B3, 2.758%, 01/25/2051 | | | 824,620 | | | | 0.1 |
| 1,839,630 | | | (1),(4) | | CIM Trust 2021-J3 B3, 2.619%, 06/25/2051 | | | 1,203,238 | | | | 0.1 |
| 393,627 | | | | | Citicorp Mortgage Securities Trust Series 2006-3 1A4, 6.000%, 06/25/2036 | | | 344,911 | | | | 0.0 |
| 75,437 | | | (4) | | Citigroup Mortgage Loan Trust 2006-AR2 1A1, 3.412%, 03/25/2036 | | | 58,834 | | | | 0.0 |
| 33,171 | | | (4) | | Citigroup Mortgage Loan Trust 2006-AR9 2A, 4.070%, 11/25/2036 | | | 28,004 | | | | 0.0 |
| 189,252 | | | (1),(4) | | Citigroup Mortgage Loan Trust 2015-A B2, 4.500%, 06/25/2058 | | | 178,675 | | | | 0.0 |
| 78,647 | | | (4) | | Citigroup Mortgage Loan Trust, Inc. 2005-4 A, 4.194%, 08/25/2035 | | | 76,754 | | | | 0.0 |
| 265,744 | | | | | Citigroup Mortgage Loan Trust, Inc. 2005-9 22A2, 6.000%, 11/25/2035 | | | 257,915 | | | | 0.0 |
| 370,423 | | | (1) | | Connecticut Avenue Securities Trust 2019-R07 1M2, 6.489%, (US0001M + 2.100%), 10/25/2039 | | | 369,567 | | | | 0.0 |
| 3,540,000 | | | (1) | | Connecticut Avenue Securities Trust 2020-R02 2B1, 7.389%, (US0001M + 3.000%), 01/25/2040 | | | 3,191,589 | | | | 0.2 |
| 1,650,763 | | | (1) | | Connecticut Avenue Securities Trust 2020-R02 2M2, 6.389%, (US0001M + 2.000%), 01/25/2040 | | | 1,626,800 | | | | 0.1 |
| 2,500,000 | | | (1) | | Connecticut Avenue Securities Trust 2022-R01 1B1, 7.078%, (SOFR30A + 3.150%), 12/25/2041 | | | 2,353,634 | | | | 0.1 |
| 2,000,000 | | | (1) | | Connecticut Avenue Securities Trust 2022-R02 2B1, 8.428%, (SOFR30A + 4.500%), 01/25/2042 | | | 1,898,914 | | | | 0.1 |
| 750,000 | | | (1) | | Connecticut Avenue Securities Trust 2022-R04 1B1, 9.178%, (SOFR30A + 5.250%), 03/25/2042 | | | 752,407 | | | | 0.0 |
| 19,580 | | | | | Countrywide Alternative Loan Trust 2005-53T2 2A6, 4.889%, (US0001M + 0.500%), 11/25/2035 | | | 10,080 | | | | 0.0 |
| 299,064 | | | (1),(4) | | CSMC 2017-HL1 A12 Trust, 3.500%, 06/25/2047 | | | 261,988 | | | | 0.0 |
| 1,760,564 | | | (1),(4),(5) | | CSMC 2019-AFC1 A3 Trust, 2.877% (Step Rate @ 3.877% on 08/01/2023), 07/25/2049 | | | 1,638,158 | | | | 0.1 |
| 2,969,575 | | | (1),(4) | | CSMC 2021-AFC1 M1 Trust, 2.193%, 03/25/2056 | | | 1,966,579 | | | | 0.1 |
| 297,246 | | | | | CSMC Series 2007-2 3A6, 5.400%, 03/25/2037 | | | 165,386 | | | | 0.0 |
| 440,238 | | | (1),(4) | | CSMC Trust 2013-7 A11, 3.500%, 08/25/2043 | | | 386,723 | | | | 0.0 |
| 6,213,362 | | | (1),(4) | | Deephaven Residential Mortgage Trust 2022-2 A1, 4.300%, 03/25/2067 | | | 5,936,399 | | | | 0.3 |
| 2,276,958 | | | (1),(4) | | Deephaven Residential Mortgage Trust 2022-2 A3, 4.300%, 03/25/2067 | | | 2,033,447 | | | | 0.1 |
| 388,350 | | | | | Deutsche ALT-A Securities, Inc. ALT 2007-AB1 A1, 4.689%, (US0001M + 0.300%), 04/25/2037 | | | 273,230 | | | | 0.0 |
| 83,648 | | | (1),(4) | | Deutsche Mortgage Securities, Inc. Re-REMIC Trust Certificates Series 2007-WM1 A1, 3.465%, 06/27/2037 | | | 72,274 | | | | 0.0 |
| 948,427 | | | (1),(4) | | Ellington Financial Mortgage Trust 2022-2 A1, 4.299%, 04/25/2067 | | | 910,424 | | | | 0.1 |
| 1,700,000 | | | (1) | | Fannie Mae Connecticut Avenue Securities Trust 2020-SBT1 1M2, 8.039%, (US0001M + 3.650%), 02/25/2040 | | | 1,682,404 | | | | 0.1 |
| 397,057 | | | (6) | | Fannie Mae 2007-18 BS, 2.211%, (-1.000*US0001M + 6.600%), 06/25/2035 | | | 39,138 | | | | 0.0 |
| 1,421,655 | | | (6) | | Fannie Mae 2008-94 SI, 1.111%, (-1.000*US0001M + 5.500%), 04/25/2036 | | | 103,484 | | | | 0.0 |
| 160,463 | | | | | Fannie Mae 2010-15 FD, 5.129%, (US0001M + 0.740%), 03/25/2040 | | | 160,237 | | | | 0.0 |
| 419,412 | | | | | Fannie Mae 2011-47 GF, 4.959%, (US0001M + 0.570%), 06/25/2041 | | | 414,759 | | | | 0.0 |
| 48,837 | | | | | Fannie Mae 2012-10 UF, 4.939%, (US0001M + 0.550%), 02/25/2042 | | | 48,062 | | | | 0.0 |
| 165,035 | | | (6) | | Fannie Mae 2012-84 KI, 6.000%, (US0001M + 6.000%), 08/25/2042 | | | 31,339 | | | | 0.0 |
| 398,095 | | | (6) | | Fannie Mae 2012-93 IL, 3.000%, 09/25/2027 | | | 16,439 | | | | 0.0 |
| 2,546,941 | | | (6) | | Fannie Mae 2013-67 AI, 3.000%, 07/25/2028 | | | 110,319 | | | | 0.0 |
| 18,833,571 | | | (6) | | Fannie Mae 2018-86 US, 1.811%, (-1.000*US0001M + 6.200%), 12/25/2048 | | | 1,408,533 | | | | 0.1 |
| 40,849 | | | | | Fannie Mae Connecticut Avenue Securities 2014-CO4 1M2, 9.289%, (US0001M + 4.900%), 11/25/2024 | | | 41,939 | | | | 0.0 |
| 531,376 | | | | | Fannie Mae Connecticut Avenue Securities 2015-C02 1M2, 8.389%, (US0001M + 4.000%), 05/25/2025 | | | 534,450 | | | | 0.0 |
| 1,010,983 | | | | | Fannie Mae Connecticut Avenue Securities 2015-CO1 1M2, 8.689%, (US0001M + 4.300%), 02/25/2025 | | | 1,029,188 | | | | 0.1 |
| 1,020,000 | | | | | Fannie Mae Connecticut Avenue Securities 2018-C05 1B1, 8.639%, (US0001M + 4.250%), 01/25/2031 | | | 1,055,177 | | | | 0.1 |
| 267,858 | | | (1) | | Fannie Mae Connecticut Avenue Securities 2019-R02 1M2, 6.689%, (US0001M + 2.300%), 08/25/2031 | | | 267,556 | | | | 0.0 |
| 147,578 | | | (1) | | Fannie Mae Connecticut Avenue Securities 2019-RO3 1M2, 6.539%, (US0001M + 2.150%), 09/25/2031 | | | 147,238 | | | | 0.0 |
| 554,904 | | | (1) | | Fannie Mae Connecticut Avenue Securities Trust 2019-R01 2M2, 6.839%, (US0001M + 2.450%), 07/25/2031 | | | 553,638 | | | | 0.0 |
| 846,290 | | | (1) | | Fannie Mae Connecticut Avenue Securities Trust 2019-R05 1B1, 8.489%, (US0001M + 4.100%), 07/25/2039 | | | 858,210 | | | | 0.1 |
| 1,262,842 | | | (1) | | Fannie Mae Connecticut Avenue Securities Trust 2020-R01 1M2, 6.439%, (US0001M + 2.050%), 01/25/2040 | | | 1,254,925 | | | | 0.1 |
| 3,898,000 | | | (1) | | Fannie Mae Connecticut Avenue Securities Trust 2020-SBT1 2M2, 8.039%, (US0001M + 3.650%), 02/25/2040 | | | 3,925,454 | | | | 0.2 |
| 450,787 | | | (6) | | Fannie Mae Interest Strip Series 346 6, 5.000%, 10/25/2033 | | | 71,746 | | | | 0.0 |
| 88,874 | | | (6) | | Fannie Mae REMIC Trust 2000-26 SP, 4.111%, (-1.000*US0001M + 8.500%), 08/25/2030 | | | 5,801 | | | | 0.0 |
| 101,102 | | | (6) | | Fannie Mae REMIC Trust 2002-13 SR, 2.211%, (-1.000*US0001M + 6.600%), 03/25/2032 | | | 4,845 | | | | 0.0 |
| 63,937 | | | (6) | | Fannie Mae REMIC Trust 2004-64 SW, 2.661%, (-1.000*US0001M + 7.050%), 08/25/2034 | | | 5,485 | | | | 0.0 |
| 45,614 | | | (6) | | Fannie Mae REMIC Trust 2004-66 SE, 2.111%, (-1.000*US0001M + 6.500%), 09/25/2034 | | | 3,094 | | | | 0.0 |
| 231,334 | | | (6) | | Fannie Mae REMIC Trust 2009-25 SN, 2.161%, (-1.000*US0001M + 6.550%), 04/25/2039 | | | 21,682 | | | | 0.0 |
| 9,135,331 | | | (6) | | Fannie Mae REMIC Trust 2012-66 IB, 0.050%, (-1.000*US0001M + 6.050%), 06/25/2042 | | | 19,345 | | | | 0.0 |
| 220,631 | | | (6) | | Fannie Mae REMIC Trust 2013-116 SC, 1.811%, (-1.000*US0001M + 6.200%), 04/25/2033 | | | 4,177 | | | | 0.0 |
| 1,129,901 | | | (6) | | Fannie Mae REMICS 2004-53 UC, 3.161%, (-1.000*US0001M + 7.550%), 07/25/2034 | | | 133,810 | | | | 0.0 |
| 780,761 | | | (6) | | Fannie Mae REMICS 2005-59 NS, 2.361%, (-1.000*US0001M + 6.750%), 05/25/2035 | | | 26,599 | | | | 0.0 |
| 96,390 | | | | | Fannie Mae REMICS 2006-46 SP, 8.108%, (-3.667*US0001M + 24.200%), 06/25/2036 | | | 142,591 | | | | 0.0 |
| 3,395,742 | | | (6) | | Fannie Mae REMICS 2007-22 SD, 2.011%, (-1.000*US0001M + 6.400%), 03/25/2037 | | | 311,709 | | | | 0.0 |
| 3,334,017 | | | (6) | | Fannie Mae REMICS 2007-30 IE, 2.351%, (-1.000*US0001M + 6.740%), 04/25/2037 | | | 402,459 | | | | 0.0 |
| 2,009,839 | | | (6) | | Fannie Mae REMICS 2007-55 S, 2.371%, (-1.000*US0001M + 6.760%), 06/25/2037 | | | 187,147 | | | | 0.0 |
| 512,482 | | | (6) | | Fannie Mae REMICS 2011-123 SD, 2.211%, (-1.000*US0001M + 6.600%), 08/25/2039 | | | 3,517 | | | | 0.0 |
| 9,227,513 | | | (6) | | Fannie Mae REMICS 2012-111 UI, 3.000%, 10/25/2027 | | | 406,118 | | | | 0.0 |
| 713,488 | | | (6) | | Fannie Mae REMICS 2012-121 DI, 2.500%, 11/25/2027 | | | 26,754 | | | | 0.0 |
| 7,562,734 | | | (6) | | Fannie Mae REMICS 2012-128 KI, 3.000%, 11/25/2027 | | | 352,098 | | | | 0.0 |
| 7,398,072 | | | (6) | | Fannie Mae REMICS 2012-133 NS, 1.761%, (-1.000*US0001M + 6.150%), 12/25/2042 | | | 790,600 | | | | 0.1 |
| 1,702,440 | | | (6) | | Fannie Mae REMICS 2012-148 IB, 3.500%, 01/25/2028 | | | 84,898 | | | | 0.0 |
| 3,922,608 | | | (6) | | Fannie Mae REMICS 2012-150 PS, 1.761%, (-1.000*US0001M + 6.150%), 01/25/2043 | | | 387,296 | | | | 0.0 |
| 7,733,548 | | | (6) | | Fannie Mae REMICS 2013-1 LI, 2.500%, 02/25/2028 | | | 312,839 | | | | 0.0 |
| 1,606,049 | | | (6) | | Fannie Mae REMICS 2013-137 PI, 5.000%, 10/25/2041 | | | 322,297 | | | | 0.0 |
| 7,486,791 | | | (6) | | Fannie Mae REMICS 2013-19 JS, 1.811%, (-1.000*US0001M + 6.200%), 10/25/2041 | | | 369,222 | | | | 0.0 |
| 1,282,692 | | | (6) | | Fannie Mae REMICS 2013-2 NI, 4.000%, 02/25/2043 | | | 187,613 | | | | 0.0 |
| 3,031,426 | | | (6) | | Fannie Mae REMICS 2013-21 KI, 3.000%, 03/25/2028 | | | 132,999 | | | | 0.0 |
| 4,178,701 | | | (6) | | Fannie Mae REMICS 2013-32 EI, 2.500%, 04/25/2033 | | | 323,565 | | | | 0.0 |
| 1,130,165 | | | (6) | | Fannie Mae REMICS 2013-41 BI, 3.000%, 05/25/2028 | | | 55,619 | | | | 0.0 |
| 1,347,256 | | | (6) | | Fannie Mae REMICS 2013-69 PI, 3.000%, 04/25/2033 | | | 93,792 | | | | 0.0 |
| 3,164,843 | | | (6) | | Fannie Mae REMICS 2013-97 JS, 1.761%, (-1.000*US0001M + 6.150%), 04/25/2038 | | | 237,554 | | | | 0.0 |
| 6,356,812 | | | (6) | | Fannie Mae REMICS 2016-19 SB, 1.711%, (-1.000*US0001M + 6.100%), 04/25/2046 | | | 471,708 | | | | 0.0 |
| 2,048,275 | | | (6) | | Fannie Mae REMICS 2016-4 BI, 4.000%, 02/25/2046 | | | 375,151 | | | | 0.0 |
| 1,432,528 | | | (6) | | Fannie Mae REMICS 2016-61 PI, 4.500%, 01/25/2046 | | | 246,457 | | | | 0.0 |
| 14,327,946 | | | (6) | | Fannie Mae REMICS 2017-16 SG, 1.661%, (-1.000*US0001M + 6.050%), 03/25/2047 | | | 1,519,191 | | | | 0.1 |
| 9,403,147 | | | (6) | | Fannie Mae REMICS 2019-15 AI, 4.000%, 04/25/2059 | | | 1,921,766 | | | | 0.1 |
| 14,848,401 | | | (6) | | Fannie Mae REMICS 2019-17 SA, 1.711%, (-1.000*US0001M + 6.100%), 04/25/2049 | | | 1,148,666 | | | | 0.1 |
| 13,122,874 | | | (6) | | Fannie Mae REMICS 2019-8 SB, 1.711%, (-1.000*US0001M + 6.100%), 03/25/2049 | | | 1,011,539 | | | | 0.1 |
| 19,935,199 | | | (6) | | Fannie Mae REMICS 2020-49 SB, 1.711%, (-1.000*US0001M + 6.100%), 07/25/2050 | | | 2,783,004 | | | | 0.2 |
| 40,329,732 | | | (6) | | Fannie Mae REMICS 2020-64 IO, 3.000%, 09/25/2050 | | | 7,480,996 | | | | 0.4 |
| 23,430,226 | | | (6) | | Fannie Mae REMICS 2020-65 CI, 4.000%, 09/25/2050 | | | 4,292,692 | | | | 0.2 |
| 19,681,489 | | | (6) | | Fannie Mae REMICS 2021-2 PI, 2.000%, 02/25/2051 | | | 2,019,191 | | | | 0.1 |
| 41,132,160 | | | (6) | | Fannie Mae REMICS 2021-65 KI, 3.500%, 10/25/2051 | | | 7,219,665 | | | | 0.4 |
| 329,738 | | | | | Fannie Mae Series 2006-11 FA, 4.689%, (US0001M + 0.300%), 03/25/2036 | | | 325,030 | | | | 0.0 |
| 64,469 | | | | | First Horizon Alternative Mortgage Securities Trust 2006-FA8 1A7, 6.000%, 02/25/2037 | | | 27,831 | | | | 0.0 |
| 181,061 | | | (1),(4) | | Flagstar Mortgage Trust 2017-2 A7, 3.500%, 10/25/2047 | | | 164,795 | | | | 0.0 |
| 620,867 | | | (1),(4) | | Flagstar Mortgage Trust 2018-1 B3, 3.950%, 03/25/2048 | | | 522,984 | | | | 0.0 |
| 4,497,022 | | | (1),(4) | | Flagstar Mortgage Trust 2018-2 B2, 4.001%, 04/25/2048 | | | 3,790,250 | | | | 0.2 |
| 830,532 | | | (1),(4) | | Flagstar Mortgage Trust 2018-3INV A3, 4.000%, 05/25/2048 | | | 763,620 | | | | 0.0 |
| 3,619,481 | | | (1),(4) | | Flagstar Mortgage Trust 2018-4 B3, 4.202%, 07/25/2048 | | | 3,128,603 | | | | 0.2 |
| 911,513 | | | (1),(4) | | Flagstar Mortgage Trust 2018-5 B3, 4.475%, 09/25/2048 | | | 723,812 | | | | 0.0 |
| 253,411 | | | (1),(4) | | Flagstar Mortgage Trust 2018-6RR 1A7, 4.000%, 10/25/2048 | | | 232,825 | | | | 0.0 |
| 3,437,887 | | | (1),(4) | | Flagstar Mortgage Trust 2018-6RR B1, 4.920%, 10/25/2048 | | | 3,017,453 | | | | 0.2 |
| 1,404,388 | | | (1),(4) | | Flagstar Mortgage Trust 2019-2 B1, 4.027%, 12/25/2049 | | | 1,247,301 | | | | 0.1 |
| 1,966,143 | | | (1),(4) | | Flagstar Mortgage Trust 2019-2 B2, 4.027%, 12/25/2049 | | | 1,690,190 | | | | 0.1 |
| 3,319,740 | | | (1),(4) | | Flagstar Mortgage Trust 2020-1NV B2A, 4.221%, 03/25/2050 | | | 2,648,124 | | | | 0.2 |
| 2,845,491 | | | (1),(4) | | Flagstar Mortgage Trust 2020-1NV B3, 4.221%, 03/25/2050 | | | 2,257,188 | | | | 0.1 |
| 3,695,488 | | | (1),(4) | | Flagstar Mortgage Trust 2021-2 B3, 2.784%, 04/25/2051 | | | 2,452,033 | | | | 0.1 |
| 922,008 | | | (6) | | Freddie Mac 2009-70 PS, 2.361%, (-1.000*US0001M + 6.750%), 01/25/2037 | | | 93,950 | | | | 0.0 |
| 235,521 | | | (6) | | Freddie Mac 2525 SM, 3.682%, (-1.000*US0001M + 8.000%), 02/15/2032 | | | 25,737 | | | | 0.0 |
| 222,437 | | | (6) | | Freddie Mac 2981 CS, 2.402%, (-1.000*US0001M + 6.720%), 05/15/2035 | | | 15,492 | | | | 0.0 |
| 236,955 | | | (6) | | Freddie Mac 2989 HS, 2.832%, (-1.000*US0001M + 7.150%), 08/15/2034 | | | 40,121 | | | | 0.0 |
| 111,862 | | | (6) | | Freddie Mac 3018 SM, 2.882%, (-1.000*US0001M + 7.200%), 08/15/2035 | | | 12,582 | | | | 0.0 |
| 1,355,545 | | | (6) | | Freddie Mac 3222 SN, 2.282%, (-1.000*US0001M + 6.600%), 09/15/2036 | | | 116,320 | | | | 0.0 |
| 226,923 | | | (4),(6) | | Freddie Mac 324 144, 6.000%, 06/15/2039 | | | 46,400 | | | | 0.0 |
| 443,606 | | | (6) | | Freddie Mac 3523 SA, 1.682%, (-1.000*US0001M + 6.000%), 09/15/2036 | | | 31,716 | | | | 0.0 |
| 381,671 | | | (6) | | Freddie Mac 3582 MS, 1.832%, (-1.000*US0001M + 6.150%), 10/15/2039 | | | 31,994 | | | | 0.0 |
| 549,003 | | | (6) | | Freddie Mac 3688 BI, 5.000%, 07/15/2040 | | | 89,740 | | | | 0.0 |
| 2,185,152 | | | (6) | | Freddie Mac 4186 IA, 3.000%, 03/15/2033 | | | 200,521 | | | | 0.0 |
| 79,419 | | | (6) | | Freddie Mac 4333 AI, 5.500%, 02/15/2044 | | | 14,049 | | | | 0.0 |
| 4,606,074 | | | (6) | | Freddie Mac 4813 IO, 5.500%, 08/15/2048 | | | 929,536 | | | | 0.1 |
| 1,272 | | | (6) | | Freddie Mac REMIC Trust 2266 S, 4.232%, (-1.000*US0001M + 8.550%), 11/15/2030 | | | 42 | | | | 0.0 |
| 111,405 | | | (6) | | Freddie Mac REMIC Trust 2374 S, 3.782%, (-1.000*US0001M + 8.100%), 06/15/2031 | | | 10,555 | | | | 0.0 |
| 57,524 | | | (6) | | Freddie Mac REMIC Trust 2417 SY, 4.082%, (-1.000*US0001M + 8.400%), 12/15/2031 | | | 6,677 | | | | 0.0 |
| 116,793 | | | (6) | | Freddie Mac REMIC Trust 2577 SA, 3.132%, (-1.000*US0001M + 7.450%), 02/15/2033 | | | 11,752 | | | | 0.0 |
| 55,137 | | | (6) | | Freddie Mac REMIC Trust 2981 SU, 3.482%, (-1.000*US0001M + 7.800%), 05/15/2030 | | | 4,350 | | | | 0.0 |
| 129,167 | | | | | Freddie Mac REMIC Trust 3031 BP, 8.000%, (-6.723*US0001M + 44.975%), 08/15/2035 | | | 123,487 | | | | 0.0 |
| 439,105 | | | (6) | | Freddie Mac REMIC Trust 3049 PI, 2.332%, (-1.000*US0001M + 6.650%), 10/15/2035 | | | 41,934 | | | | 0.0 |
| 39,135 | | | | | Freddie Mac REMIC Trust 3085 SK, 14.186%, (-12.000*US0001M + 66.000%), 12/15/2035 | | | 60,353 | | | | 0.0 |
| 51,046 | | | (7) | | Freddie Mac REMIC Trust 3151 PO, 0.000%, 05/15/2036 | | | 41,464 | | | | 0.0 |
| 151,879 | | | (6) | | Freddie Mac REMIC Trust 3624 TS, 0.482%, (-1.000*US0001M + 4.800%), 01/15/2040 | | | 6,268 | | | | 0.0 |
| 124,017 | | | (6) | | Freddie Mac REMIC Trust 4261 ID, 6.500%, 06/15/2032 | | | 10,506 | | | | 0.0 |
| 413,726 | | | (6) | | Freddie Mac REMIC Trust 4287 CI, 4.500%, 07/15/2041 | | | 45,489 | | | | 0.0 |
| 1,161,167 | | | (6) | | Freddie Mac REMICS 2781 SB, 2.832%, (-1.000*US0001M + 7.150%), 04/15/2034 | | | 108,303 | | | | 0.0 |
| 263,981 | | | | | Freddie Mac REMICS 2921 PF, 4.668%, (US0001M + 0.350%), 01/15/2035 | | | 259,715 | | | | 0.0 |
| 2,760,994 | | | (6) | | Freddie Mac REMICS 3128 JI, 2.312%, (-1.000*US0001M + 6.630%), 03/15/2036 | | | 263,114 | | | | 0.0 |
| 1,249,910 | | | (6) | | Freddie Mac REMICS 3298 S, 1.792%, (-1.000*US0001M + 6.110%), 04/15/2037 | | | 91,837 | | | | 0.0 |
| 2,210,141 | | | (6) | | Freddie Mac REMICS 4097 IC, 2.500%, 08/15/2027 | | | 79,140 | | | | 0.0 |
| 840,761 | | | (6) | | Freddie Mac REMICS 4116 IL, 4.500%, 05/15/2042 | | | 104,650 | | | | 0.0 |
| 7,757,762 | | | (6) | | Freddie Mac REMICS 4120 TI, 2.500%, 10/15/2027 | | | 295,236 | | | | 0.0 |
| 1,071,889 | | | (6) | | Freddie Mac REMICS 4136 QI, 3.000%, 11/15/2032 | | | 55,749 | | | | 0.0 |
| 629,102 | | | (6) | | Freddie Mac REMICS 4143 IK, 4.000%, 10/15/2041 | | | 50,233 | | | | 0.0 |
| 12,207,707 | | | (6) | | Freddie Mac REMICS 4146 SA, 1.832%, (-1.000*US0001M + 6.150%), 12/15/2042 | | | 1,312,581 | | | | 0.1 |
| 570,656 | | | (6) | | Freddie Mac REMICS 4153 YI, 3.000%, 09/15/2042 | | | 18,515 | | | | 0.0 |
| 1,705,648 | | | (6) | | Freddie Mac REMICS 4157 IH, 3.500%, 01/15/2043 | | | 265,987 | | | | 0.0 |
| 995,505 | | | (6) | | Freddie Mac REMICS 4162 DI, 2.000%, 02/15/2028 | | | 31,064 | | | | 0.0 |
| 3,724,119 | | | (6) | | Freddie Mac REMICS 4182 IL, 3.000%, 03/15/2028 | | | 180,072 | | | | 0.0 |
| 327,416 | | | (6) | | Freddie Mac REMICS 4266 LI, 3.500%, 06/15/2028 | | | 5,492 | | | | 0.0 |
| 25,045,291 | | | (6) | | Freddie Mac REMICS 4273 PS, 1.782%, (-1.000*US0001M + 6.100%), 11/15/2043 | | | 2,122,260 | | | | 0.1 |
| 1,743,072 | | | (6) | | Freddie Mac REMICS 4290 EI, 5.000%, 12/15/2043 | | | 327,109 | | | | 0.0 |
| 1,046,048 | | | | | Freddie Mac REMICS 4385 LS, 13.725%, (-2.333*US0001M + 9.333%), 07/15/2037 | | | 729,990 | | | | 0.0 |
| 1,980,547 | | | (6) | | Freddie Mac REMICS 4494 LI, 5.000%, 12/15/2043 | | | 223,099 | | | | 0.0 |
| 6,597,797 | | | (6) | | Freddie Mac REMICS 4618 SA, 1.682%, (-1.000*US0001M + 6.000%), 09/15/2046 | | | 736,872 | | | | 0.0 |
| 1,605,202 | | | | | Freddie Mac REMICS 4625 BI, 3.500%, 06/15/2046 | | | 270,380 | | | | 0.0 |
| 1,823,333 | | | (6) | | Freddie Mac REMICS 4708 KI, 4.500%, 11/15/2046 | | | 280,663 | | | | 0.0 |
| 21,630,236 | | | (6) | | Freddie Mac REMICS 4903 NS, 1.711%, (-1.000*US0001M + 6.100%), 08/25/2049 | | | 2,221,225 | | | | 0.1 |
| 11,767,273 | | | (6) | | Freddie Mac REMICS 4909 SJ, 1.661%, (-1.000*US0001M + 6.050%), 09/25/2049 | | | 1,404,165 | | | | 0.1 |
| 4,625,081 | | | (6) | | Freddie Mac REMICS 4910 SD, 1.732%, (-1.000*US0001M + 6.050%), 06/15/2049 | | | 523,973 | | | | 0.0 |
| 14,753,153 | | | (6) | | Freddie Mac REMICS 4910 SH, 1.661%, (-1.000*US0001M + 6.050%), 09/25/2049 | | | 1,731,010 | | | | 0.1 |
| 18,837,457 | | | (6) | | Freddie Mac REMICS 4924 SY, 1.661%, (-1.000*US0001M + 6.050%), 10/25/2049 | | | 2,290,859 | | | | 0.1 |
| 15,454,485 | | | (6) | | Freddie Mac REMICS 4967 IQ, 4.000%, 02/25/2050 | | | 3,132,802 | | | | 0.2 |
| 38,313,205 | | | (6) | | Freddie Mac REMICS 4974 I, 4.000%, 04/25/2050 | | | 7,570,118 | | | | 0.4 |
| 34,304,486 | | | (6) | | Freddie Mac REMICS 5010 MI, 3.000%, 09/25/2050 | | | 5,229,122 | | | | 0.3 |
| 27,961,490 | | | (6) | | Freddie Mac REMICS 5049 UI, 3.000%, 12/25/2050 | | | 5,034,072 | | | | 0.3 |
| 14,316,946 | | | (6) | | Freddie Mac REMICS 5074 GI, 2.000%, 02/25/2051 | | | 1,585,313 | | | | 0.1 |
| 23,960,736 | | | (6) | | Freddie Mac REMICS 5081 CI, 2.000%, 03/25/2051 | | | 2,494,061 | | | | 0.1 |
| 11,091,286 | | | (6) | | Freddie Mac REMICS 5142 LI, 2.500%, 09/25/2051 | | | 1,773,562 | | | | 0.1 |
| 380,571 | | | | | Freddie Mac REMICS Trust 3740 FB, 4.818%, (US0001M + 0.500%), 10/15/2040 | | | 372,249 | | | | 0.0 |
| 858,494 | | | (1) | | Freddie Mac STACR Remic Trust 2020-DNA2 M2, 6.239%, (US0001M + 1.850%), 02/25/2050 | | | 857,103 | | | | 0.1 |
| 1,077,836 | | | (1) | | Freddie Mac STACR REMIC Trust 2020-HQA1 M2, 6.289%, (US0001M + 1.900%), 01/25/2050 | | | 1,068,233 | | | | 0.1 |
| 5,100,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2021-DNA6 B1, 7.328%, (SOFR30A + 3.400%), 10/25/2041 | | | 4,768,921 | | | | 0.3 |
| 2,500,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2021-HQA3 M2, 6.028%, (SOFR30A + 2.100%), 09/25/2041 | | | 2,208,039 | | | | 0.1 |
| 6,100,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2021-HQA4 B1, 7.678%, (SOFR30A + 3.750%), 12/25/2041 | | | 5,247,674 | | | | 0.3 |
| 5,000,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2021-HQA4 M2, 6.278%, (SOFR30A + 2.350%), 12/25/2041 | | | 4,428,095 | | | | 0.2 |
| 3,800,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-DNA1 B1, 7.328%, (SOFR30A + 3.400%), 01/25/2042 | | | 3,386,351 | | | | 0.2 |
| 2,500,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-DNA1 M1B, 5.778%, (SOFR30A + 1.850%), 01/25/2042 | | | 2,375,823 | | | | 0.1 |
| 3,000,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-DNA1 M2, 6.428%, (SOFR30A + 2.500%), 01/25/2042 | | | 2,717,181 | | | | 0.2 |
| 3,400,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-DNA3 M2, 8.278%, (SOFR30A + 4.350%), 04/25/2042 | | | 3,276,253 | | | | 0.2 |
| 2,500,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-DNA4 M2, 9.178%, (SOFR30A + 5.250%), 05/25/2042 | | | 2,505,182 | | | | 0.1 |
| 1,000,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-DNA6 M2, 9.678%, (SOFR30A + 5.750%), 09/25/2042 | | | 1,023,385 | | | | 0.1 |
| 1,200,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-HQA1 M2, 9.178%, (SOFR30A + 5.250%), 03/25/2042 | | | 1,168,489 | | | | 0.1 |
| 3,000,000 | | | (1) | | Freddie Mac STACR REMIC Trust 2022-HQA3 M2, 9.278%, (SOFR30A + 5.350%), 08/25/2042 | | | 2,850,123 | | | | 0.2 |
| 1,000,153 | | | (6) | | Freddie Mac Strips 287 IO, 3.000%, 10/15/2027 | | | 41,904 | | | | 0.0 |
| 770,447 | | | (6) | | Freddie Mac Strips Series 224 IO, 6.000%, 03/01/2033 | | | 136,160 | | | | 0.0 |
| 366,969 | | | (6) | | Freddie Mac Strips Series 237 S23, 2.782%, (-1.000*US0001M + 7.100%), 05/15/2036 | | | 42,871 | | | | 0.0 |
| 433,420 | | | (6) | | Freddie Mac Strips Series 260 33, 4.000%, 05/15/2039 | | | 68,876 | | | | 0.0 |
| 1,840,000 | | | | | Freddie Mac Structured Agency Credit Risk Debt Notes 2018-DNA1 B1, 7.539%, (US0001M + 3.150%), 07/25/2030 | | | 1,858,454 | | | | 0.1 |
| 3,000,000 | | | (1) | | Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA2 M2, 6.228%, (SOFR30A + 2.300%), 08/25/2033 | | | 2,968,045 | | | | 0.2 |
| 2,300,000 | | | (1) | | Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA7 B1, 7.578%, (SOFR30A + 3.650%), 11/25/2041 | | | 2,143,469 | | | | 0.1 |
| 2,500,000 | | | (1) | | Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA5 M2, 10.678%, (SOFR30A + 6.750%), 06/25/2042 | | | 2,628,044 | | | | 0.1 |
| 1,583,051 | | | (1),(4) | | Galton Funding Mortgage Trust 2018-2 B2, 4.629%, 10/25/2058 | | | 1,363,256 | | | | 0.1 |
| 2,364,428 | | | (1),(4) | | Galton Funding Mortgage Trust 2019-1 B1, 4.250%, 02/25/2059 | | | 2,057,796 | | | | 0.1 |
| 1,895,868 | | | (1),(4) | | Galton Funding Mortgage Trust 2019-1 B2, 4.500%, 02/25/2059 | | | 1,652,456 | | | | 0.1 |
| 3,388,037 | | | (6) | | Ginnie Mae 2007-59 SC, 2.147%, (-1.000*US0001M + 6.500%), 07/20/2037 | | | 343,306 | | | | 0.0 |
| 111,504 | | | (6) | | Ginnie Mae 2011-101 EI, 6.000%, (-19.355*US0001M + 109.161%), 10/16/2039 | | | 24,116 | | | | 0.0 |
| 18,987,998 | | | (6) | | Ginnie Mae 2013-130 SB, 0.930%, (-1.000*US0001M + 5.050%), 09/16/2043 | | | 684,802 | | | | 0.0 |
| 7,890,330 | | | (6) | | Ginnie Mae 2014-58 SM, 1.774%, (-1.000*US0001M + 6.100%), 04/16/2044 | | | 762,312 | | | | 0.0 |
| 44,530,799 | | | (6) | | Ginnie Mae 2021-194 IK, 3.000%, 11/20/2051 | | | 7,503,239 | | | | 0.4 |
| 292,617 | | | (6) | | Ginnie Mae Series 2008-40 SA, 2.074%, (-1.000*US0001M + 6.400%), 05/16/2038 | | | 21,888 | | | | 0.0 |
| 523,460 | | | (6) | | Ginnie Mae Series 2009-116 SJ, 2.154%, (-1.000*US0001M + 6.480%), 12/16/2039 | | | 53,146 | | | | 0.0 |
| 598,152 | | | (6) | | Ginnie Mae Series 2010-143 JI, 4.000%, 08/16/2039 | | | 35,640 | | | | 0.0 |
| 953,499 | | | (6) | | Ginnie Mae Series 2010-4 IP, 5.000%, 01/16/2039 | | | 76,455 | | | | 0.0 |
| 479,064 | | | (6) | | Ginnie Mae Series 2010-4 SL, 2.074%, (-1.000*US0001M + 6.400%), 01/16/2040 | | | 47,264 | | | | 0.0 |
| 30,645 | | | (6) | | Ginnie Mae Series 2010-98 QS, 2.247%, (-1.000*US0001M + 6.600%), 01/20/2040 | | | 337 | | | | 0.0 |
| 1,385,800 | | | (6) | | Ginnie Mae Series 2011-101 BI, 0.650%, (-1.000*US0001M + 6.650%), 11/20/2037 | | | 30,236 | | | | 0.0 |
| 1,517,906 | | | (6) | | Ginnie Mae Series 2011-124 KI, 4.000%, 08/20/2039 | | | 89,970 | | | | 0.0 |
| 3,933,000 | | | (6) | | Ginnie Mae Series 2011-25 AS, 1.707%, (-1.000*US0001M + 6.060%), 02/20/2041 | | | 291,510 | | | | 0.0 |
| 1,560,552 | | | (6) | | Ginnie Mae Series 2012-148 IP, 3.500%, 04/20/2041 | | | 68,565 | | | | 0.0 |
| 15,462 | | | (6) | | Ginnie Mae Series 2012-149 BI, 3.500%, 10/20/2041 | | | 1,452 | | | | 0.0 |
| 1,859,811 | | | (6) | | Ginnie Mae Series 2012-39 PI, 4.000%, 03/16/2042 | | | 185,947 | | | | 0.0 |
| 1,836,657 | | | (6) | | Ginnie Mae Series 2013-103 DS, 1.797%, (-1.000*US0001M + 6.150%), 07/20/2043 | | | 179,009 | | | | 0.0 |
| 70,299 | | | (6) | | Ginnie Mae Series 2013-134 DS, 1.747%, (-1.000*US0001M + 6.100%), 09/20/2043 | | | 6,715 | | | | 0.0 |
| 177,666 | | | (6) | | Ginnie Mae Series 2013-44 LI, 4.500%, 01/16/2043 | | | 22,620 | | | | 0.0 |
| 734,138 | | | (6) | | Ginnie Mae Series 2013-81 IO, 4.500%, 01/16/2040 | | | 58,793 | | | | 0.0 |
| 1,912,976 | | | (6) | | Ginnie Mae Series 2014-84 PI, 4.500%, 04/20/2043 | | | 221,347 | | | | 0.0 |
| 1,792,411 | | | (6) | | Ginnie Mae Series 2015-132 BI, 4.000%, 11/20/2044 | | | 227,091 | | | | 0.0 |
| 15,857,809 | | | (6) | | Ginnie Mae Series 2015-144 SA, 1.847%, (-1.000*US0001M + 6.200%), 10/20/2045 | | | 1,834,166 | | | | 0.1 |
| 2,875,210 | | | (6) | | Ginnie Mae Series 2015-69 IL, 0.200%, (-1.000*US0001M + 6.700%), 07/20/2034 | | | 20,548 | | | | 0.0 |
| 185,890 | | | (6) | | Ginnie Mae Series 2015-98 IU, 4.000%, 08/20/2044 | | | 25,587 | | | | 0.0 |
| 6,023,278 | | | (6) | | Ginnie Mae Series 2016-66 ES, 1.697%, (-1.000*US0001M + 6.050%), 05/20/2046 | | | 612,547 | | | | 0.0 |
| 413,512 | | | (6) | | Ginnie Mae Series 2016-8 PI, 4.000%, 10/20/2044 | | | 51,499 | | | | 0.0 |
| 5,775,412 | | | (6) | | Ginnie Mae Series 2018-153 SQ, 1.847%, (-1.000*US0001M + 6.200%), 11/20/2048 | | | 488,094 | | | | 0.0 |
| 14,360,194 | | | (6) | | Ginnie Mae Series 2018-93 SJ, 1.847%, (-1.000*US0001M + 6.200%), 07/20/2048 | | | 1,267,678 | | | | 0.1 |
| 159,024 | | | (6) | | Ginnie Mae Series 2019-111 TI, 5.000%, 09/20/2049 | | | 26,695 | | | | 0.0 |
| 104,005 | | | (6) | | Ginnie Mae Series 2019-86 GI, 6.500%, 07/20/2049 | | | 19,126 | | | | 0.0 |
| 360,025 | | | (6) | | Ginnie Mae Series 2019-86 HI, 5.500%, 07/20/2049 | | | 69,667 | | | | 0.0 |
| 11,744,631 | | | (6) | | Ginnie Mae Series 2019-89 SC, 1.747%, (-1.000*US0001M + 6.100%), 07/20/2049 | | | 1,298,020 | | | | 0.1 |
| 266,197 | | | (1),(4) | | GS Mortage-Backed Securities Trust 2020-PJ1 A1, 3.500%, 05/25/2050 | | | 232,896 | | | | 0.0 |
| 422,783 | | | (1),(4) | | GS Mortage-Backed Securities Trust 2020-PJ1 A4, 3.500%, 05/25/2050 | | | 356,101 | | | | 0.0 |
| 1,064,839 | | | (1),(4) | | GS Mortage-Backed Securities Trust 2020-PJ1 A8, 3.500%, 05/25/2050 | | | 931,629 | | | | 0.1 |
| 2,315,562 | | | (1),(4) | | GS Mortage-Backed Securities Trust 2020-PJ1 B2, 3.625%, 05/25/2050 | | | 1,913,254 | | | | 0.1 |
| 3,618,386 | | | (1),(4) | | GS Mortage-Backed Securities Trust 2020-PJ1 B3, 3.625%, 05/25/2050 | | | 2,829,654 | | | | 0.2 |
| 1,479,646 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2019-PJ1 B3, 4.061%, 08/25/2049 | | | 1,198,424 | | | | 0.1 |
| 85,884 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2019-PJ2 A1, 4.000%, 11/25/2049 | | | 81,264 | | | | 0.0 |
| 3,706,327 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2019-PJ2 B2, 4.336%, 11/25/2049 | | | 3,202,259 | | | | 0.2 |
| 3,815,927 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2019-PJ2 B3, 4.336%, 11/25/2049 | | | 3,105,435 | | | | 0.2 |
| 454,177 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2019-PJ3 B1, 3.986%, 03/25/2050 | | | 391,743 | | | | 0.0 |
| 462,898 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2019-PJ3 B2, 3.986%, 03/25/2050 | | | 394,553 | | | | 0.0 |
| 1,760,098 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2020-PJ3 B4, 3.420%, 10/25/2050 | | | 1,269,205 | | | | 0.1 |
| 1,676,889 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2021-PJ3 B3, 2.652%, 08/25/2051 | | | 1,117,497 | | | | 0.1 |
| 3,832,349 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2021-PJ4 B3, 2.619%, 09/25/2051 | | | 2,539,911 | | | | 0.1 |
| 4,963,259 | | | (1),(4) | | GS Mortgage-Backed Securities Corp. Trust 2021-PJ5 B3, 2.588%, 10/25/2051 | | | 3,264,229 | | | | 0.2 |
| 978,452 | | | (1),(4) | | GS Mortgage-Backed Securities Trust 2021-GR3 B3, 3.390%, 04/25/2052 | | | 681,225 | | | | 0.0 |
| 978,452 | | | (1),(4) | | GS Mortgage-Backed Securities Trust 2021-GR3 B4, 3.390%, 04/25/2052 | | | 621,538 | | | | 0.0 |
| 2,596,062 | | | (1),(4) | | GS Mortgage-Backed Securities Trust 2021-PJ9 A4, 2.500%, 02/26/2052 | | | 1,996,160 | | | | 0.1 |
| 2,535,696 | | | (1),(4) | | GS Mortgage-Backed Securities Trust 2022-NQM1 A4, 4.000%, 05/25/2062 | | | 2,278,734 | | | | 0.1 |
| 344,114 | | | | | HarborView Mortgage Loan Trust 2007-5 A1A, 4.529%, (US0001M + 0.190%), 09/19/2037 | | | 295,598 | | | | 0.0 |
| 4,769,000 | | | (1) | | Home RE 2019-1 M2 Ltd., 7.639%, (US0001M + 3.250%), 05/25/2029 | | | 4,708,575 | | | | 0.3 |
| 1,205 | | | | | HomeBanc Mortgage Trust 2004-1 2A, 5.249%, (US0001M + 0.860%), 08/25/2029 | | | 1,140 | | | | 0.0 |
| 2,600,000 | | | (1),(4) | | Imperial Fund Mortgage Trust 2021-NQM4 M1, 3.446%, 01/25/2057 | | | 1,681,613 | | | | 0.1 |
| 2,356,799 | | | (1),(4),(5) | | Imperial Fund Mortgage Trust 2022-NQM3 A1, 4.380% (Step Rate @ 5.380% on 04/01/2026), 05/25/2067 | | | 2,233,545 | | | | 0.1 |
| 54,546 | | | | | IndyMac INDX Mortgage Loan Trust 2006-AR2 1A1B, 4.809%, (US0001M + 0.420%), 04/25/2046 | | | 44,892 | | | | 0.0 |
| 82,157 | | | (1),(4) | | J.P. Morgan Mortgage Trust 2019-2 A3, 4.000%, 08/25/2049 | | | 78,475 | | | | 0.0 |
| 1,052,333 | | | (1),(4) | | J.P. Morgan Mortgage Trust 2019-2 B1, 4.488%, 08/25/2049 | | | 932,768 | | | | 0.1 |
| 2,549,706 | | | (1),(4) | | J.P. Morgan Mortgage Trust 2019-2 B2, 4.488%, 08/25/2049 | | | 2,201,516 | | | | 0.1 |
| 1,593,041 | | | (1),(4) | | J.P. Morgan Mortgage Trust 2019-LTV1 B2, 4.545%, 06/25/2049 | | | 1,491,472 | | | | 0.1 |
| 2,444,023 | | | (1),(4) | | J.P. Morgan Mortgage Trust 2021-14 B4, 3.170%, 05/25/2052 | | | 1,546,431 | | | | 0.1 |
| 959,956 | | | (1),(4) | | J.P. Morgan Mortgage Trust 2022-5 A9, 2.800%, 09/25/2052 | | | 763,367 | | | | 0.0 |
| 1,594,447 | | | (4) | | JP Morgan Mortgage Trust 2005-A4 B1, 3.703%, 07/25/2035 | | | 1,430,509 | | | | 0.1 |
| 71,012 | | | | | JP Morgan Mortgage Trust 2005-S3 1A10, 6.000%, 01/25/2036 | | | 36,230 | | | | 0.0 |
| 156,286 | | | | | JP Morgan Mortgage Trust 2006-S2 1A18, 6.000%, 07/25/2036 | | | 92,204 | | | | 0.0 |
| 395,583 | | | | | JP Morgan Mortgage Trust 2006-S3 1A30, 6.500%, 08/25/2036 | | | 165,363 | | | | 0.0 |
| 784,352 | | | (1),(4) | | JP Morgan Mortgage Trust 2014-5 B3, 2.787%, 10/25/2029 | | | 612,933 | | | | 0.0 |
| 469,140 | | | (1),(4) | | JP Morgan Mortgage Trust 2016-1 B3, 3.786%, 05/25/2046 | | | 419,117 | | | | 0.0 |
| 2,095,000 | | | (1),(4) | | JP Morgan Mortgage Trust 2016-1 B4, 3.786%, 05/25/2046 | | | 1,387,676 | | | | 0.1 |
| 380,230 | | | (1),(4) | | JP Morgan Mortgage Trust 2016-4 A13, 3.500%, 10/25/2046 | | | 337,812 | | | | 0.0 |
| 833,963 | | | (1),(4) | | JP Morgan Mortgage Trust 2017-1 B4, 3.449%, 01/25/2047 | | | 685,368 | | | | 0.0 |
| 1,363,393 | | | (1),(4) | | JP Morgan Mortgage Trust 2017-3 B1, 3.752%, 08/25/2047 | | | 1,177,018 | | | | 0.1 |
| 1,867,538 | | | (1),(4) | | JP Morgan Mortgage Trust 2017-5 B1, 3.211%, 10/26/2048 | | | 1,683,512 | | | | 0.1 |
| 535,318 | | | (1),(4) | | JP Morgan Mortgage Trust 2017-6 B3, 3.782%, 12/25/2048 | | | 448,182 | | | | 0.0 |
| 1,505,135 | | | (1),(4) | | JP Morgan Mortgage Trust 2017-6 B4, 3.782%, 12/25/2048 | | | 1,249,301 | | | | 0.1 |
| 1,027,274 | | | (1),(4) | | JP Morgan Mortgage Trust 2017-6 B5, 3.782%, 12/25/2048 | | | 740,011 | | | | 0.0 |
| 2,189,740 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-1 B2, 3.614%, 06/25/2048 | | | 1,826,890 | | | | 0.1 |
| 2,232,435 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-3 B3, 3.711%, 09/25/2048 | | | 1,828,562 | | | | 0.1 |
| 448,184 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-4 B2, 3.716%, 10/25/2048 | | | 366,730 | | | | 0.0 |
| 1,817,604 | | | (1),(4) | | JP MORGAN MORTGAGE TRUST 2018-5 A13, 3.500%, 10/25/2048 | | | 1,532,576 | | | | 0.1 |
| 108,208 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-6 1A10, 3.500%, 12/25/2048 | | | 92,922 | | | | 0.0 |
| 174,140 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-8 A3, 4.000%, 01/25/2049 | | | 160,667 | | | | 0.0 |
| 7,811,684 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-8 B1, 4.038%, 01/25/2049 | | | 6,601,284 | | | | 0.4 |
| 3,640,538 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-8 B2, 4.038%, 01/25/2049 | | | 3,068,665 | | | | 0.2 |
| 922,921 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-9 B2, 4.223%, 02/25/2049 | | | 772,402 | | | | 0.1 |
| 1,824,079 | | | (1),(4) | | JP Morgan Mortgage Trust 2018-9 B3, 4.223%, 02/25/2049 | | | 1,498,020 | | | | 0.1 |
| 216,718 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-1 A3, 4.000%, 05/25/2049 | | | 203,400 | | | | 0.0 |
| 471,090 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-5 A3, 4.000%, 11/25/2049 | | | 437,781 | | | | 0.0 |
| 2,796,700 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-5 B1, 4.485%, 11/25/2049 | | | 2,479,461 | | | | 0.1 |
| 4,666,607 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-5 B2, 4.485%, 11/25/2049 | | | 4,137,259 | | | | 0.2 |
| 122,097 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-6 A3, 3.500%, 12/25/2049 | | | 110,673 | | | | 0.0 |
| 6,081,246 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-6 B2, 4.207%, 12/25/2049 | | | 5,279,698 | | | | 0.3 |
| 925,664 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-7 B3A, 3.276%, 02/25/2050 | | | 733,028 | | | | 0.0 |
| 457,426 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-8 A15, 3.500%, 03/25/2050 | | | 390,384 | | | | 0.0 |
| 937,681 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-8 B3A, 3.418%, 03/25/2050 | | | 764,056 | | | | 0.0 |
| 3,731,765 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-INV1 B2, 4.978%, 10/25/2049 | | | 3,290,926 | | | | 0.2 |
| 282,061 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-INV2 A15, 3.500%, 02/25/2050 | | | 247,753 | | | | 0.0 |
| 3,972,888 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-INV3 B3, 4.388%, 05/25/2050 | | | 3,324,669 | | | | 0.2 |
| 68,090 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-LTV2 A18, 4.000%, 12/25/2049 | | | 67,140 | | | | 0.0 |
| 1,847,723 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-LTV2 B2, 4.701%, 12/25/2049 | | | 1,643,773 | | | | 0.1 |
| 1,873,008 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-LTV2 B3, 4.701%, 12/25/2049 | | | 1,651,928 | | | | 0.1 |
| 2,647,032 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-LTV3 B2, 4.381%, 03/25/2050 | | | 2,260,883 | | | | 0.1 |
| 6,161,400 | | | (1),(4) | | JP Morgan Mortgage Trust 2019-LTV3 B3, 4.381%, 03/25/2050 | | | 5,251,723 | | | | 0.3 |
| 301,807 | | | (1),(4) | | JP Morgan Mortgage Trust 2020-2 A15, 3.500%, 07/25/2050 | | | 264,253 | | | | 0.0 |
| 2,940,085 | | | (1),(4) | | JP Morgan Mortgage Trust 2020-3 B2, 3.845%, 08/25/2050 | | | 2,319,370 | | | | 0.1 |
| 4,737,395 | | | (1),(4) | | JP Morgan Mortgage Trust 2020-4 B1, 3.653%, 11/25/2050 | | | 3,794,021 | | | | 0.2 |
| 1,705,462 | | | (1),(4) | | JP Morgan Mortgage Trust 2020-4 B2, 3.653%, 11/25/2050 | | | 1,352,392 | | | | 0.1 |
| 170,463 | | | (1),(4) | | JP Morgan Mortgage Trust 2020-LTV1 A15, 3.500%, 06/25/2050 | | | 164,708 | | | | 0.0 |
| 880,614 | | | (1),(4) | | JP Morgan Mortgage Trust 2020-LTV1 A5, 3.500%, 06/25/2050 | | | 850,318 | | | | 0.1 |
| 2,488,514 | | | (1),(4) | | JP Morgan Mortgage Trust 2022-2 B3, 3.131%, 08/25/2052 | | | 1,732,590 | | | | 0.1 |
| 590,534 | | | (1),(4) | | JP Morgan Trust 2015-3 B3, 3.603%, 05/25/2045 | | | 509,450 | | | | 0.0 |
| 1,327,529 | | | (1),(4) | | JP Morgan Trust 2015-3 B4, 3.603%, 05/25/2045 | | | 907,656 | | | | 0.1 |
| 1,427,972,419 | | | (1),(6) | | L Street Securities 2017-PM1 XIO, 0.000%, 10/25/2048 | | | 3,810,187 | | | | 0.2 |
| 74,310 | | | | | Lehman XS Trust Series 2005-5N 1A2, 4.749%, (US0001M + 0.360%), 11/25/2035 | | | 69,916 | | | | 0.0 |
| 1,833,912 | | | (1),(4) | | Mello Mortgage Capital Acceptance 2021-MTG3 B3, 2.900%, 07/01/2051 | | | 1,329,171 | | | | 0.1 |
| 2,820,280 | | | (1),(4) | | Mello Mortgage Capital Acceptance 2022-INV1 B3, 3.324%, 03/25/2052 | | | 2,000,283 | | | | 0.1 |
| 2,000,000 | | | (1),(4) | | MFA 2021-INV2 M1 Trust, 3.199%, 11/25/2056 | | | 1,262,215 | | | | 0.1 |
| 655,000 | | | | | Morgan Stanley Mortgage Loan Trust 2005-5AR 1B1, 6.189%, (US0001M + 1.800%), 09/25/2035 | | | 624,424 | | | | 0.0 |
| 1,011,946 | | | | | Morgan Stanley Mortgage Loan Trust 2006-9AR A2, 4.689%, (US0001M + 0.150%), 08/25/2036 | | | 307,883 | | | | 0.0 |
| 6,000,000 | | | (1) | | Mortgage Insurance-Linked Notes 2021-3 M1B, 6.828%, (SOFR30A + 2.900%), 02/25/2034 | | | 5,638,488 | | | | 0.3 |
| 345,326 | | | (1),(4) | | New Residential Mortgage Loan Trust 2017-3A B2, 4.750%, 04/25/2057 | | | 318,112 | | | | 0.0 |
| 1,942,832 | | | (1),(4),(5) | | New Residential Mortgage Loan Trust 2022-NQM3 A1, 3.900% (Step Rate @ 4.900% on 04/01/2026), 04/25/2062 | | | 1,769,653 | | | | 0.1 |
| 1,300,000 | | | (1) | | Oaktown Re VII Ltd. 2021-2 M1C, 7.278%, (SOFR30A + 3.350%), 04/25/2034 | | | 1,131,061 | | | | 0.1 |
| 228,427 | | | (1),(4) | | OBX 2019-EXP3 1A9 Trust, 3.500%, 10/25/2059 | | | 211,620 | | | | 0.0 |
| 391,184 | | | (1),(4) | | OBX 2019-INV2 A25 Trust, 4.000%, 05/27/2049 | | | 367,210 | | | | 0.0 |
| 282,237 | | | (1),(4) | | OBX 2020-INV1 A21 Trust, 3.500%, 12/25/2049 | | | 243,226 | | | | 0.0 |
| 1,878,642 | | | (1),(4) | | OBX 2022-J1 A14 Trust, 2.500%, 02/25/2052 | | | 1,444,523 | | | | 0.1 |
| 2,500,000 | | | (1),(4),(5) | | OBX 2022-NQM4 A1B Trust, 3.900% (Step Rate @ 4.900% on 04/01/2026), 04/25/2062 | | | 2,180,265 | | | | 0.1 |
| 2,209,684 | | | (1),(4) | | Oceanview Mortgage Trust 2021-1 B3, 2.725%, 05/25/2051 | | | 1,460,770 | | | | 0.1 |
| 2,924,823 | | | (1),(4) | | Onslow Bay Mortgage Loan Trust 2021-NQM4 A1, 1.957%, 10/25/2061 | | | 2,340,596 | | | | 0.1 |
| 18,165 | | | | | Prime Mortgage Trust 2007-1 A4, 5.500%, 03/25/2037 | | | 14,976 | | | | 0.0 |
| 155,795 | | | (1),(4) | | PSMC 2019-3 A12 Trust, 3.500%, 11/25/2049 | | | 149,106 | | | | 0.0 |
| 6,856,000 | | | (1) | | Radnor RE 2021-1 M1C Ltd., 6.628%, (SOFR30A + 2.700%), 12/27/2033 | | | 6,409,996 | | | | 0.4 |
| 3,582,867 | | | (1),(4) | | RCKT Mortgage Trust 2019-1 B1A, 3.830%, 09/25/2049 | | | 2,954,065 | | | | 0.2 |
| 2,326,259 | | | (1),(4) | | RCKT Mortgage Trust 2019-1 B2A, 3.830%, 09/25/2049 | | | 1,911,730 | | | | 0.1 |
| 1,569,391 | | | (1),(4) | | RCKT Mortgage Trust 2020-1 B2A, 3.472%, 02/25/2050 | | | 1,247,132 | | | | 0.1 |
| 2,584,304 | | | (1),(4) | | RCKT Mortgage Trust 2021-4 A21, 2.500%, 09/25/2051 | | | 1,987,120 | | | | 0.1 |
| 5,462,569 | | | (1),(4) | | RCKT Mortgage Trust 2021-6 B3, 2.796%, 12/25/2051 | | | 3,555,052 | | | | 0.2 |
| 968,715 | | | (1),(4) | | RCKT Mortgage Trust 2022-3 A21, 3.000%, 05/25/2052 | | | 774,566 | | | | 0.1 |
| 898,981 | | | (1) | | Sequoia Mortgage Trust 2013-9 B2, 3.500%, 07/25/2043 | | | 829,601 | | | | 0.1 |
| 568,607 | | | (1),(4) | | Sequoia Mortgage Trust 2015-1 B1, 3.913%, 01/25/2045 | | | 528,161 | | | | 0.0 |
| 1,396,997 | | | (1),(4) | | Sequoia Mortgage Trust 2017-1 B2, 3.607%, 02/25/2047 | | | 1,216,226 | | | | 0.1 |
| 1,117,704 | | | (1),(4) | | Sequoia Mortgage Trust 2018-6 B1, 4.167%, 07/25/2048 | | | 993,398 | | | | 0.1 |
| 538,922 | | | (1),(4) | | Sequoia Mortgage Trust 2018-CH1 B2B, 4.448%, 03/25/2048 | | | 460,895 | | | | 0.0 |
| 1,636,412 | | | (1),(4) | | Sequoia Mortgage Trust 2019-2 B2, 4.256%, 06/25/2049 | | | 1,425,104 | | | | 0.1 |
| 1,547,374 | | | (1),(4) | | Sequoia Mortgage Trust 2019-2 B3, 4.256%, 06/25/2049 | | | 1,300,850 | | | | 0.1 |
| 2,011,741 | | | (1),(4) | | Sequoia Mortgage Trust 2019-5 B2, 3.720%, 12/25/2049 | | | 1,632,281 | | | | 0.1 |
| 2,012,666 | | | (1),(4) | | Sequoia Mortgage Trust 2019-5 B3, 3.720%, 12/25/2049 | | | 1,553,276 | | | | 0.1 |
| 844,860 | | | (1),(4) | | Sequoia Mortgage Trust 2019-CH1 B2B, 4.860%, 03/25/2049 | | | 801,447 | | | | 0.1 |
| 117,646 | | | (1),(4) | | Sequoia Mortgage Trust 2019-CH2 A1, 4.500%, 08/25/2049 | | | 115,095 | | | | 0.0 |
| 203,078 | | | (1),(4) | | Sequoia Mortgage Trust 2019-CH3 A13, 4.000%, 09/25/2049 | | | 189,536 | | | | 0.0 |
| 1,876,260 | | | (1),(4) | | Sequoia Mortgage Trust 2019-CH3 B1B, 4.508%, 09/25/2049 | | | 1,674,347 | | | | 0.1 |
| 194,895 | | | (1),(4) | | Sequoia Mortgage Trust 2020-1 A1, 3.500%, 02/25/2050 | | | 170,834 | | | | 0.0 |
| 1,425,779 | | | (1),(4) | | Sequoia Mortgage Trust 2020-2 B3, 3.635%, 03/25/2050 | | | 1,109,867 | | | | 0.1 |
| 556,977 | | | (1),(4) | | Sequoia Mortgage Trust 2021-3 B3, 2.653%, 05/25/2051 | | | 368,440 | | | | 0.0 |
| 1,211,312 | | | (1),(4) | | Sequoia Mortgage Trust 2021-5 B3, 3.050%, 07/25/2051 | | | 777,912 | | | | 0.1 |
| 1,095,770 | | | (1),(4) | | Sequoia Mortgage Trust 2022-1 B3, 2.947%, 02/25/2052 | | | 701,922 | | | | 0.0 |
| 2,209,226 | | | (1),(4) | | Shellpoint Co-Originator Trust 2017-2 B2, 3.641%, 10/25/2047 | | | 1,933,241 | | | | 0.1 |
| 2,928,733 | | | (1),(4) | | Shellpoint Co-Originator Trust 2017-2 B3, 3.641%, 10/25/2047 | | | 2,556,935 | | | | 0.1 |
| 2,000,000 | | | (1),(4) | | Starwood Mortgage Residential Trust 2022-2 M1, 4.200%, 02/25/2067 | | | 1,425,688 | | | | 0.1 |
| 34,712 | | | (4) | | Structured Adjustable Rate Mortgage Loan Trust 2005-4 3A1, 3.670%, 03/25/2035 | | | 31,281 | | | | 0.0 |
| 2,485,399 | | | (1),(4) | | UWM Mortgage Trust 2021-INV4 B3, 3.229%, 12/25/2051 | | | 1,757,783 | | | | 0.1 |
| 57,299 | | | (4) | | WaMu Mortgage Pass Through Certificates Series 2006-AR12 2A3, 3.191%, 10/25/2036 | | | 51,135 | | | | 0.0 |
| 123,430 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2004-AR4 A6 Trust, 3.469%, 06/25/2034 | | | 115,878 | | | | 0.0 |
| 859,214 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2004-AR7 A6, 3.495%, 07/25/2034 | | | 803,430 | | | | 0.1 |
| 70,298,173 | | | (4),(6) | | WaMu Mortgage Pass-Through Certificates Series 2005-AR1 X Trust, 0.391%, 01/25/2045 | | | 707 | | | | 0.0 |
| 148,604 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2005-AR10 1A3, 3.833%, 09/25/2035 | | | 131,816 | | | | 0.0 |
| 27,040,126 | | | (4),(6) | | WaMu Mortgage Pass-Through Certificates Series 2005-AR2 X Trust, 0.001%, 01/25/2045 | | | 272 | | | | 0.0 |
| 11,998 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2006-AR12 1A1, 3.801%, 10/25/2036 | | | 10,732 | | | | 0.0 |
| 78,475 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2006-AR14 1A3, 3.329%, 11/25/2036 | | | 66,359 | | | | 0.0 |
| 301,588 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2006-AR14 1A4, 3.329%, 11/25/2036 | | | 255,023 | | | | 0.0 |
| 41,066 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2006-AR8 1A4, 3.682%, 08/25/2046 | | | 36,160 | | | | 0.0 |
| 71,467 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2007-HY2 1A1, 3.372%, 12/25/2036 | | | 63,327 | | | | 0.0 |
| 372,833 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2007-HY3 1A1, 2.945%, 03/25/2037 | | | 291,105 | | | | 0.0 |
| 45,888 | | | (4) | | WaMu Mortgage Pass-Through Certificates Series 2007-HY7 2A2, 3.368%, 07/25/2037 | | | 38,395 | | | | 0.0 |
| 436,276 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-10 2A3, 5.289%, (US0001M + 0.900%), 11/25/2035 | | | 375,072 | | | | 0.0 |
| 462,591 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-10 2A9, 6.000%, 11/25/2035 | | | 431,775 | | | | 0.0 |
| 414,696 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-11 A1, 5.750%, 01/25/2036 | | | 338,187 | | | | 0.0 |
| 533,068 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-5 CB3, 5.500%, 07/25/2035 | | | 473,788 | | | | 0.0 |
| 98,666 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2005-8 1A2, 5.500%, 10/25/2035 | | | 91,373 | | | | 0.0 |
| 611,921 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-5 2CB2, 4.989%, (US0001M + 0.600%), 07/25/2036 | | | 337,853 | | | | 0.0 |
| 1,649,636 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-AR5 3A Trust, 2.988%, (12MTA + 0.940%), 07/25/2046 | | | 1,014,998 | | | | 0.1 |
| 663,714 | | | | | Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-AR6 2A, 3.008%, (12MTA + 0.960%), 08/25/2046 | | | 409,955 | | | | 0.0 |
| 21,817 | | | | | Wells Fargo Alternative Loan 2007-PA2 2A1, 4.819%, (US0001M + 0.430%), 06/25/2037 | | | 17,678 | | | | 0.0 |
| 462,512 | | | (4) | | Wells Fargo Mortgage Backed Securities 2006-AR12 1A1, 4.092%, 09/25/2036 | | | 412,848 | | | | 0.0 |
| 91,771 | | | (4) | | Wells Fargo Mortgage Backed Securities 2007-AR7 A1, 4.332%, 12/28/2037 | | | 79,869 | | | | 0.0 |
| 1,348,065 | | | (1),(4) | | Wells Fargo Mortgage Backed Securities 2018-1 B3, 3.665%, 07/25/2047 | | | 1,120,686 | | | | 0.1 |
| 1,506,593 | | | (1),(4) | | Wells Fargo Mortgage Backed Securities 2019-4 B3 Trust, 3.510%, 09/25/2049 | | | 901,715 | | | | 0.1 |
| 1,908,053 | | | (1),(4) | | Wells Fargo Mortgage Backed Securities 2020-1 B3 Trust, 3.369%, 12/25/2049 | | | 1,433,803 | | | | 0.1 |
| 2,824,383 | | | (1),(4) | | Wells Fargo Mortgage Backed Securities 2020-4 B2 Trust, 3.163%, 07/25/2050 | | | 2,210,822 | | | | 0.1 |
| 1,949,468 | | | (1),(4) | | Wells Fargo Mortgage Backed Securities 2021-1 B3 Trust, 2.711%, 12/25/2050 | | | 1,241,945 | | | | 0.1 |
| 393,282 | | | (1),(4) | | WinWater Mortgage Loan Trust 2015-5 B4, 3.756%, 08/20/2045 | | | 337,441 | | | | 0.0 |
| | | | | | | | | | | | | |
| 500,000 | | | (1) | | Oman Government International Bond, 6.750%, 10/28/2027 | | | 519,081 | | | | 0.0 |
| 1,300,000 | | | (1) | | Oman Government International Bond, 7.375%, 10/28/2032 | | | 1,414,499 | | | | 0.1 |
| 600,000 | | | | | Panama Government International Bond, 3.160%, 01/23/2030 | | | 518,090 | | | | 0.0 |
| 1,200,000 | | | (2) | | Panama Government International Bond, 3.298%, 01/19/2033 | | | 974,510 | | | | 0.0 |
| 3,365,000 | | | | | Republic of South Africa Government International Bond, 4.850%, 09/30/2029 | | | 3,011,924 | | | | 0.2 |
| 800,000 | | | (10) | | Russian Foreign Bond - Eurobond, 4.375%, 03/21/2029 | | | 240,000 | | | | 0.0 |
| 450,000 | | | (10) | | Ukraine Government International Bond, 7.375%, 09/25/2034 | | | 86,671 | | | | 0.0 |
| 975,000 | | | (10) | | Ukraine Government International Bond, 7.750%, 09/01/2025 | | | 225,347 | | | | 0.0 |
| 4,550,000 | | | (10) | | Ukraine Government International Bond, 7.750%, 09/01/2027 | | | 988,283 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | Total Sovereign Bonds | | | | | |
| | | | (Cost $39,323,840) | | | 32,564,286 | | | | 1.7 |
| | | | | | | | | | | | | |
U.S. TREASURY OBLIGATIONS: 3.8% | | | | | | | |
| | | | | | U.S. Treasury Bonds: 0.4% | | | | | | | |
| 4,841,000 | | | | | 3.000%,08/15/2052 | | 3,990,043 | | | | 0.2 |
| 458,100 | | | | | 3.250%,05/15/2042 | | 401,840 | | | | 0.0 |
| 1,781,000 | | | | | 3.375%,08/15/2042 | | 1,592,325 | | | | 0.1 |
| 1,818,000 | | | (2) | | 4.000%,11/15/2042 | | 1,780,504 | | | | 0.1 |
| | | | | | | | | 7,764,712 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | U.S. Treasury Notes: 3.4% | | | | | | | |
| 3,600,000 | | | | | 0.250%,06/15/2024 | | 3,379,219 | | | | 0.2 |
| 858,000 | | | | | 0.375%,09/30/2027 | | 723,435 | | | | 0.0 |
| 3,638,200 | | | | | 0.500%,11/30/2023 | | 3,500,501 | | | | 0.2 |
| 6,348,300 | | | | | 0.875%,01/31/2024 | | 6,094,120 | | | | 0.3 |
| 3,137,700 | | | | | 1.250%,11/30/2026 | | 2,815,963 | | | | 0.2 |
| 7,367,100 | | | | | 1.500%,01/31/2027 | | 6,652,549 | | | | 0.4 |
| 842,900 | | | | | 1.625%,10/31/2023 | | 822,025 | | | | 0.0 |
| 94,000 | | | | | 2.750%,08/15/2032 | | 85,613 | | | | 0.0 |
| 4,434,000 | | | | | 2.875%,06/15/2025 | | 4,286,085 | | | | 0.2 |
| 3,831,700 | | | | | 3.875%,11/30/2027 | | 3,811,344 | | | | 0.2 |
| 14,347,300 | | | | | 3.875%,12/31/2027 | | 14,266,596 | | | | 0.8 |
| 2,239,900 | | | | | 3.875%,11/30/2029 | | 2,225,376 | | | | 0.1 |
| 5,445,000 | | | | | 3.875%,12/31/2029 | | 5,407,566 | | | | 0.3 |
| 114,000 | | | | | 4.125%,11/15/2032 | | 116,360 | | | | 0.0 |
| 8,935,000 | | | | | 4.250%,12/31/2024 | | 8,904,635 | | | | 0.5 |
| | | | | | | | | 63,091,387 | | | | 3.4 |
| | | | | | | | | | | | | |
| | | | Total U.S. Treasury Obligations | | | | | |
| | | | (Cost $72,873,562) | | | 70,856,099 | | | | 3.8 |
| | | | | | | | | | | | | |
COMMERCIAL MORTGAGE-BACKED SECURITIES: 16.2% | | | | | | | |
| 555,000 | | | (4) | | BANK 2017-BNK4 C, 4.372%, 05/15/2050 | | | 476,126 | | | | 0.0 |
| 5,320,000 | | | (1),(4),(6) | | BANK 2017-BNK4 XE, 1.482%, 05/15/2050 | | | 258,201 | | | | 0.0 |
| 4,380,000 | | | (1) | | BANK 2017-BNK6 D, 3.100%, 07/15/2060 | | | 3,144,751 | | | | 0.2 |
| 1,600,000 | | | (1),(4) | | BANK 2017-BNK6 E, 2.628%, 07/15/2060 | | | 919,231 | | | | 0.1 |
| 16,600,000 | | | (1),(4),(6) | | BANK 2017-BNK6 XE, 1.500%, 07/15/2060 | | | 912,628 | | | | 0.0 |
| 49,845,858 | | | (4),(6) | | BANK 2019-BN17 XA, 1.021%, 04/15/2052 | | | 2,414,356 | | | | 0.1 |
| 9,915,080 | | | (4),(6) | | BANK 2019-BNK16 XA, 0.941%, 02/15/2052 | | | 416,486 | | | | 0.0 |
| 29,014,408 | | | (4),(6) | | Bank 2019-BNK19 XA, 0.949%, 08/15/2061 | | | 1,372,293 | | | | 0.1 |
| 58,045,923 | | | (4),(6) | | BANK 2019-BNK22 XA, 0.595%, 11/15/2062 | | | 1,850,713 | | | | 0.1 |
| 10,716,040 | | | (4),(6) | | BBCMS Trust 2021-C10 XA, 1.298%, 07/15/2054 | | | 775,105 | | | | 0.0 |
| 102,922,175 | | | (4),(6) | | Benchmark 2018-B7 XA Mortgage Trust, 0.427%, 05/15/2053 | | | 1,740,229 | | | | 0.1 |
| 52,694,666 | | | (4),(6) | | BENCHMARK 2019-B10 XA Mortgage Trust, 1.221%, 03/15/2062 | | | 2,714,547 | | | | 0.1 |
| 42,285,000 | | | (1),(4),(6) | | Benchmark 2019-B10 XB Mortgage Trust, 0.899%, 03/15/2062 | | | 2,007,203 | | | | 0.1 |
| 42,468,561 | | | (4),(6) | | Benchmark 2019-B12 XA Mortgage Trust, 1.033%, 08/15/2052 | | | 1,770,017 | | | | 0.1 |
| 3,090,000 | | | (1) | | Benchmark 2019-B9 D Mortgage Trust, 3.000%, 03/15/2052 | | | 2,059,362 | | | | 0.1 |
| 7,330,000 | | | (1),(4),(6) | | Benchmark 2019-B9 XD Mortgage Trust, 2.001%, 03/15/2052 | | | 707,250 | | | | 0.0 |
| 17,456,084 | | | (4),(6) | | Benchmark 2021-B24 XA Mortgage Trust, 1.151%, 03/15/2054 | | | 1,060,040 | | | | 0.1 |
| 9,893,078 | | | (4),(6) | | Benchmark 2021-B28 XA Mortgage Trust, 1.283%, 08/15/2054 | | | 699,322 | | | | 0.0 |
| 2,653,000 | | | (1),(7) | | BMD2 Re-Remic Trust 2019-FRR1 3AB, 0.000%, 05/25/2052 | | | 1,623,981 | | | | 0.1 |
| 8,069,000 | | | (1),(4) | | BMD2 Re-Remic Trust 2019-FRR1 5B13, 2.205%, 05/25/2052 | | | 5,289,966 | | | | 0.3 |
| 3,002,000 | | | (1),(4) | | BMD2 Re-Remic Trust 2019-FRR1 6B10, 2.516%, 05/25/2052 | | | 2,020,352 | | | | 0.1 |
| 4,500,000 | | | (1) | | BPR Trust 2021-WILL D, 9.318%, (US0001M + 5.000%), 06/15/2038 | | | 4,162,955 | | | | 0.2 |
| 1,500,000 | | | (1) | | BX Trust 2022-VAMF F, 7.635%, (TSFR1M + 3.299%), 01/15/2039 | | | 1,375,062 | | | | 0.1 |
| 91,346,545 | | | (4),(6) | | Cantor Commercial Real Estate Lending 2019-CF1 XA, 1.133%, 05/15/2052 | | | 4,382,268 | | | | 0.2 |
| 37,874,109 | | | (4),(6) | | Cantor Commercial Real Estate Lending 2019-CF2 XA, 1.193%, 11/15/2052 | | | 2,070,271 | | | | 0.1 |
| 6,845,479 | | | (4),(6) | | CD 2016-CD1 Mortgage Trust XA, 1.367%, 08/10/2049 | | | 239,052 | | | | 0.0 |
| 14,660,000 | | | (1),(4),(6) | | CD 2016-CD1 Mortgage Trust XB, 0.694%, 08/10/2049 | | | 305,172 | | | | 0.0 |
| 1,000,000 | | | (1),(4) | | Citigroup Commercial Mortgage Trust 2013-GC17 D, 5.101%, 11/10/2046 | | | 900,400 | | | | 0.0 |
| 4,126,000 | | | (1),(4) | | Citigroup Commercial Mortgage Trust 2014-GC19 E, 4.588%, 03/11/2047 | | | 3,761,647 | | | | 0.2 |
| 6,540,000 | | | (1),(4) | | Citigroup Commercial Mortgage Trust 2016-P4 E, 4.692%, 07/10/2049 | | | 4,288,717 | | | | 0.2 |
| 5,790,000 | | | (1),(4) | | Citigroup Commercial Mortgage Trust 2016-P4 F, 4.692%, 07/10/2049 | | | 3,288,923 | | | | 0.2 |
| 8,661,000 | | | (1) | | Citigroup Commercial Mortgage Trust 2016-P5 D, 3.000%, 10/10/2049 | | | 6,506,051 | | | | 0.4 |
| 23,328,254 | | | (4),(6) | | Citigroup Commercial Mortgage Trust 2017-C4 XA, 1.040%, 10/12/2050 | | | 855,649 | | | | 0.0 |
| 33,643,837 | | | (4),(6) | | Citigroup Commercial Mortgage Trust 2019-C7 XA, 0.868%, 12/15/2072 | | | 1,470,930 | | | | 0.1 |
| 40,357,772 | | | (4),(6) | | Citigroup Commercial Mortgage Trust 2019-GC41 XA, 1.041%, 08/10/2056 | | | 1,839,237 | | | | 0.1 |
| 1,810,374 | | | (4),(6) | | COMM 2012-CR3 XA, 1.530%, 10/15/2045 | | | 4,615 | | | | 0.0 |
| 207,477 | | | (4),(6) | | COMM 2012-CR4 XA, 1.258%, 10/15/2045 | | | 427 | | | | 0.0 |
| 5,936,772 | | | (1),(4),(6) | | COMM 2012-LTRT XA, 0.787%, 10/05/2030 | | | 79,176 | | | | 0.0 |
| 1,670,000 | | | (1),(4) | | COMM 2013-CR10 E Mortgage Trust, 4.869%, 08/10/2046 | | | 1,543,370 | | | | 0.1 |
| 3,460,000 | | | (1),(4) | | COMM 2013-CR10 F Mortgage Trust, 4.869%, 08/10/2046 | | | 3,021,589 | | | | 0.2 |
| 9,623,551 | | | (4),(6) | | COMM 2016-COR1 XA, 1.308%, 10/10/2049 | | | 346,495 | | | | 0.0 |
| 2,000,000 | | | (4) | | COMM 2016-CR28 C Mortgage Trust, 4.605%, 02/10/2049 | | | 1,806,447 | | | | 0.1 |
| 2,310,226 | | | (4),(6) | | COMM 2016-CR28 XA, 0.631%, 02/10/2049 | | | 37,810 | | | | 0.0 |
| 19,690,674 | | | (4),(6) | | COMM 2017-COR2 XA, 1.156%, 09/10/2050 | | | 782,308 | | | | 0.0 |
| 5,725,000 | | | (1),(4) | | COMM 2020-CBM F Mortgage Trust, 3.633%, 02/10/2037 | | | 4,849,740 | | | | 0.3 |
| 2,792,000 | | | (1) | | CSAIL 2020-C19 E Commercial Mortgage Trust, 2.500%, 03/15/2053 | | | 1,619,179 | | | | 0.1 |
| 568,000 | | | (1) | | CSWF 2021-SOP2 D, 6.635%, (US0001M + 2.317%), 06/15/2034 | | | 509,972 | | | | 0.0 |
| 1,432,000 | | | (1) | | CSWF 2021-SOP2 E, 7.685%, (US0001M + 3.367%), 06/15/2034 | | | 1,279,364 | | | | 0.1 |
| 221,673 | | | (1),(11) | | DBUBS 2011-LC2A F Mortgage Trust, 4.000%, (US0001M + 3.650%), 07/10/2044 | | | 220,667 | | | | 0.0 |
| 1,952,384 | | | (1) | | Extended Stay America Trust 2021-ESH F, 8.018%, (US0001M + 3.700%), 07/15/2038 | | | 1,838,228 | | | | 0.1 |
| 2,400,000 | | | (1),(4) | | Fontainebleau Miami Beach Trust 2019-FBLU F, 3.963%, 12/10/2036 | | | 2,188,638 | | | | 0.1 |
| 20,084,972 | | | (4),(6) | | Freddie Mac Multifamily Structured Pass Through Certificates K109 X1, 1.583%, 04/25/2030 | | | 1,728,914 | | | | 0.1 |
| 2,442,346 | | | (4),(6) | | Freddie Mac Multifamily Structured Pass Through Certificates K-1521 X1, 0.980%, 08/25/2036 | | | 201,988 | | | | 0.0 |
| 14,878,000 | | | (1),(7) | | FREMF 2019-KG01 C Mortgage Trust, 0.000%, 05/25/2029 | | | 7,563,454 | | | | 0.4 |
| 189,452,157 | | | (1),(6) | | FREMF 2019-KG01 X2A Mortgage Trust, 0.100%, 04/25/2029 | | | 667,175 | | | | 0.0 |
| 21,120,000 | | | (1),(6) | | FREMF 2019-KG01 X2B Mortgage Trust, 0.100%, 05/25/2029 | | | 93,609 | | | | 0.0 |
| 2,000,000 | | | (1),(4) | | FRR Re-REMIC Trust 2018-C1 B725, 2.844%, 02/27/2050 | | | 1,850,841 | | | | 0.1 |
| 1,268,740 | | | (1),(4),(12) | | FRR Re-REMIC Trust 2018-C1 C725, 0.430%, 02/27/2050 | | | 1,129,327 | | | | 0.1 |
| 2,975,000 | | | (1),(4) | | GAM RE-REMIC TR 2021-FFR2 BK78, 2.430%, 09/27/2051 | | | 2,057,610 | | | | 0.1 |
| 2,263,000 | | | (1),(7) | | GAM RE-REMIC TR 2021-FFR2 C730, 0.000%, 09/27/2051 | | | 1,851,979 | | | | 0.1 |
| 2,751,000 | | | (1),(7) | | GAM RE-REMIC TR 2021-FFR2 CK44, 0.000%, 09/27/2051 | | | 2,231,234 | | | | 0.1 |
| 2,238,000 | | | (1),(4) | | GAM RE-REMIC TR 2021-FFR2 CK49, 1.040%, 09/27/2051 | | | 1,788,887 | | | | 0.1 |
| 1,900,000 | | | (1),(7) | | GAM RE-REMIC TR 2021-FFR2 CK78, 0.000%, 09/27/2051 | | | 1,037,252 | | | | 0.1 |
| 2,263,000 | | | (1),(7) | | GAM RE-REMIC TR 2021-FFR2 D730, 0.000%, 09/27/2051 | | | 1,808,638 | | | | 0.1 |
| 2,237,000 | | | (1),(7) | | GAM RE-REMIC TR 2021-FFR2 DK49, 0.000%, 09/27/2051 | | | 1,698,588 | | | | 0.1 |
| 3,000,000 | | | (1) | | GAM Re-REMIC Trust 2021-FRR1 2D, 2.110%, 11/29/2050 | | | 1,667,449 | | | | 0.1 |
| 4,690,000 | | | (1),(4),(6) | | GAM Resecuritization Trust 2022-FRR3 BK47, 2.030%, 11/27/2050 | | | 3,317,581 | | | | 0.2 |
| 3,192,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 BK61, 1.290%, 01/29/2052 | | | 2,196,433 | | | | 0.1 |
| 3,476,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 BK89, 2.000%, 01/27/2052 | | | 1,943,750 | | | | 0.1 |
| 1,815,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 C728, 0.600%, 08/27/2050 | | | 1,535,751 | | | | 0.1 |
| 1,850,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 CK47, 0.920%, 05/27/2048 | | | 1,466,361 | | | | 0.1 |
| 2,238,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 CK61, 1.570%, 11/27/2049 | | | 1,465,867 | | | | 0.1 |
| 1,563,000 | | | (1),(4),(6) | | GAM Resecuritization Trust 2022-FRR3 CK71, 1.410%, 01/29/2052 | | | 1,008,837 | | | | 0.1 |
| 1,820,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 CK89, 2.260%, 01/27/2052 | | | 945,317 | | | | 0.1 |
| 1,816,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 D728, 0.690%, 01/29/2052 | | | 1,486,630 | | | | 0.1 |
| 2,453,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 DK27, 0.030%, 12/27/2045 | | | 2,435,557 | | | | 0.1 |
| 1,462,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 DK41, 0.770%, 10/27/2047 | | | 1,208,787 | | | | 0.1 |
| 1,849,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 DK47, 1.000%, 05/27/2048 | | | 1,433,589 | | | | 0.1 |
| 610,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 EK27, 0.040%, 12/27/2045 | | | 605,070 | | | | 0.0 |
| 974,000 | | | (1),(12) | | GAM Resecuritization Trust 2022-FRR3 EK41, 0.700%, 01/29/2052 | | | 794,817 | | | | 0.0 |
| 2,000,000 | | | (1) | | GS Mortgage Securities Corp. II 2018-RIVR F, 6.418%, (US0001M + 2.100%), 07/15/2035 | | | 1,470,299 | | | | 0.1 |
| 1,464,112 | | | (1),(4) | | GS Mortgage Securities Trust 2012-GCJ7 E, 5.000%, 05/10/2045 | | | 306,695 | | | | 0.0 |
| 15,274,717 | | | (4),(6) | | GS Mortgage Securities Trust 2019-GC38 XA, 0.952%, 02/10/2052 | | | 654,637 | | | | 0.0 |
| 40,611,967 | | | (4),(6) | | GS Mortgage Securities Trust 2019-GC40 XA, 1.078%, 07/10/2052 | | | 1,806,039 | | | | 0.1 |
| 81,908,434 | | | (4),(6) | | GS Mortgage Securities Trust 2019-GSA1 XA, 0.811%, 11/10/2052 | | | 3,451,945 | | | | 0.2 |
| 180,000 | | | (1),(4) | | IMT Trust 2017-APTS EFX, 3.497%, 06/15/2034 | | | 165,462 | | | | 0.0 |
| 1,750,000 | | | (1) | | INTOWN 2022-STAY D Mortgage Trust, 8.470%, (TSFR1M + 4.134%), 08/15/2039 | | | 1,712,944 | | | | 0.1 |
| 5,910,000 | | | (1),(4) | | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-WPT FFX, 5.364%, 07/05/2033 | | | 5,050,180 | | | | 0.3 |
| 5,440,000 | | | (1) | | J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-MFP E, 6.478%, (US0001M + 2.160%), 07/15/2036 | | | 5,066,023 | | | | 0.3 |
| 2,000,000 | | | (4) | | JP Morgan Chase Commercial Mortgage Securities Trust 2013-C10 D, 4.181%, 12/15/2047 | | | 1,734,600 | | | | 0.1 |
| 7,470,000 | | | (1),(4) | | JP Morgan Chase Commercial Mortgage Securities Trust 2013-C13 F, 3.986%, 01/15/2046 | | | 6,233,611 | | | | 0.3 |
| 3,810,000 | | | (1),(4) | | JP Morgan Chase Commercial Mortgage Securities Trust 2020-LOOP E, 3.862%, 12/05/2038 | | | 2,626,900 | | | | 0.1 |
| 1,000,000 | | | (1),(4) | | JPMBB Commercial Mortgage Securities Trust 2013-C15 D, 5.180%, 11/15/2045 | | | 951,335 | | | | 0.1 |
| 2,549,000 | | | (1),(4) | | JPMBB Commercial Mortgage Securities Trust 2013-C17 D, 4.883%, 01/15/2047 | | | 2,373,539 | | | | 0.1 |
| 9,560,000 | | | (1),(4) | | JPMBB Commercial Mortgage Securities Trust 2013-C17 E, 3.867%, 01/15/2047 | | | 8,064,978 | | | | 0.4 |
| 2,200,000 | | | (1),(4) | | JPMBB Commercial Mortgage Securities Trust 2013-C17 F, 3.867%, 01/15/2047 | | | 1,789,295 | | | | 0.1 |
| 1,000,000 | | | (1),(4) | | JPMBB Commercial Mortgage Securities Trust 2014-C19 D, 4.647%, 04/15/2047 | | | 915,417 | | | | 0.1 |
| 1,405,000 | | | (4) | | JPMBB Commercial Mortgage Securities Trust 2014-C21 C, 4.644%, 08/15/2047 | | | 1,294,996 | | | | 0.1 |
| 44,518,021 | | | (4),(6) | | JPMBB Commercial Mortgage Securities Trust 2015-C27 XA, 1.147%, 02/15/2048 | | | 819,701 | | | | 0.0 |
| 45,644,412 | | | (4),(6) | | JPMBB Commercial Mortgage Securities Trust 2015-C28 XA, 0.946%, 10/15/2048 | | | 686,910 | | | | 0.0 |
| 10,131,526 | | | (1),(4),(6) | | LSTAR Commercial Mortgage Trust 2017-5 X, 0.792%, 03/10/2050 | | | 208,757 | | | | 0.0 |
| 4,472,490 | | | (1) | | MBRT 2019-MBR H1, 8.668%, (US0001M + 4.000%), 11/15/2036 | | | 4,267,491 | | | | 0.2 |
| 5,000,000 | | | (1) | | MHP 2021-STOR F, 6.518%, (US0001M + 2.200%), 07/15/2038 | | | 4,670,417 | | | | 0.3 |
| 3,109,307 | | | (1) | | MHP 2022-MHIL E, 6.946%, (TSFR1M + 2.611%), 01/15/2027 | | | 2,879,286 | | | | 0.2 |
| 2,257,000 | | | (1),(4) | | Morgan Stanley Bank of America Merrill Lynch Trust 2012-C6 E, 4.523%, 11/15/2045 | | | 1,860,619 | | | | 0.1 |
| 10,592,766 | | | (4),(6) | | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13 XA, 0.931%, 11/15/2046 | | | 43,776 | | | | 0.0 |
| 12,257,370 | | | (4),(6) | | Morgan Stanley Bank of America Merrill Lynch Trust 2014 C19 XA, 0.954%, 12/15/2047 | | | 156,228 | | | | 0.0 |
| 1,500,000 | | | (1),(4) | | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15 D, 4.892%, 04/15/2047 | | | 1,385,553 | | | | 0.1 |
| 5,287,000 | | | | | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 D, 3.068%, 10/15/2048 | | | 4,367,632 | | | | 0.2 |
| 560,000 | | | (1) | | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26 D, 3.060%, 10/15/2048 | | | 451,280 | | | | 0.0 |
| 15,084,451 | | | (4),(6) | | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 XA, 0.774%, 11/15/2052 | | | 430,589 | | | | 0.0 |
| 5,970,000 | | | (1),(11) | | Morgan Stanley Capital I Trust 2011-C1 K, 4.193%, 09/15/2047 | | | 5,970,000 | | | | 0.3 |
| 4,268,000 | | | (1),(11) | | Morgan Stanley Capital I Trust 2011-C1 L, 4.193%, 09/15/2047 | | | 1,276,132 | | | | 0.1 |
| 2,021,315 | | | (1),(11) | | Morgan Stanley Capital I Trust 2011-C1 M, 4.193%, 09/15/2047 | | | – | | | | – |
| 4,841,000 | | | (1),(4) | | Morgan Stanley Capital I Trust 2016-BNK2 D, 3.000%, 11/15/2049 | | | 3,551,358 | | | | 0.2 |
| 25,660,000 | | | (1),(4),(6) | | Morgan Stanley Capital I Trust 2018-L1 XD, 1.793%, 10/15/2051 | | | 2,153,441 | | | | 0.1 |
| 22,356,006 | | | (4),(6) | | Morgan Stanley Capital I Trust 2021-L6 XA, 1.229%, 06/15/2054 | | | 1,404,023 | | | | 0.1 |
| 31,079,764 | | | (4),(6) | | Morgan Stanley Capital I, Inc. 2017-HR2 XA, 0.868%, 12/15/2050 | | | 1,033,438 | | | | 0.1 |
| 13,000,000 | | | (1) | | Prima Capital CRE Securitization 2019-7A D Ltd., 4.250%, 12/25/2050 | | | 10,465,490 | | | | 0.6 |
| 7,030,000 | | | (1) | | RFM Reremic Trust 2022-FRR1 AB55, 1.120%, 03/28/2049 | | | 5,236,600 | | | | 0.3 |
| 5,950,000 | | | (1),(4) | | RFM Reremic Trust 2022-FRR1 AB60, 2.470%, 11/08/2049 | | | 4,654,039 | | | | 0.3 |
| 8,960,000 | | | (1),(4) | | RFM Reremic Trust 2022-FRR1 AB64, 2.314%, 03/01/2050 | | | 6,825,610 | | | | 0.4 |
| 2,190,000 | | | (1),(7) | | RFM Reremic Trust 2022-FRR1 CK55, 0.000%, 03/28/2049 | | | 1,548,293 | | | | 0.1 |
| 2,750,000 | | | (1),(7) | | RFM Reremic Trust 2022-FRR1 CK60, 0.000%, 11/08/2049 | | | 1,800,614 | | | | 0.1 |
| 2,580,000 | | | (1),(7) | | RFM Reremic Trust 2022-FRR1 CK64, 0.000%, 03/01/2050 | | | 1,651,711 | | | | 0.1 |
| 3,000,000 | | | (1) | | SMRT 2022-MINI E, 7.036%, (TSFR1M + 2.700%), 01/15/2039 | | | 2,748,785 | | | | 0.1 |
| 1,000,000 | | | (1),(4) | | UBS Commercial Mortgage Trust 2017-C5, 4.427%, 11/15/2050 | | | 754,339 | | | | 0.0 |
| 22,365,311 | | | (4),(6) | | UBS Commercial Mortgage Trust 2019-C16 XA, 1.532%, 04/15/2052 | | | 1,393,050 | | | | 0.1 |
| 306,388 | | | (1),(4) | | UBS-Barclays Commercial Mortgage Trust 2012-C4 D, 4.096%, 12/10/2045 | | | 292,217 | | | | 0.0 |
| 5,940,000 | | | (1) | | Wells Fargo Commercial Mortgage Trust 2015-NXS3 D, 3.153%, 09/15/2057 | | | 4,837,158 | | | | 0.3 |
| 78,780,000 | | | (4),(6) | | Wells Fargo Commercial Mortgage Trust 2016-NXS6 XB, 0.577%, 11/15/2049 | | | 1,452,853 | | | | 0.1 |
| 19,438,869 | | | (4),(6) | | Wells Fargo Commercial Mortgage Trust 2017-C40 XA, 0.880%, 10/15/2050 | | | 603,384 | | | | 0.0 |
| 37,426,337 | | | (4),(6) | | Wells Fargo Commercial Mortgage Trust 2019-C52 XA, 1.604%, 08/15/2052 | | | 2,670,206 | | | | 0.1 |
| 2,500,000 | | | (1) | | Wells Fargo Commercial Mortgage Trust 2021-C59 C, 2.500%, 04/15/2054 | | | 1,316,304 | | | | 0.1 |
| 19,218,064 | | | (4),(6) | | Wells Fargo Commercial Mortgage Trust 2021-C59 E, 1.537%, 04/15/2054 | | | 1,613,722 | | | | 0.1 |
| 1,500,000 | | | (1),(4) | | WFLD 2014-MONT D Mortgage Trust, 3.755%, 08/10/2031 | | | 1,194,263 | | | | 0.1 |
| 9,230,000 | | | (1),(4) | | WFRBS Commercial Mortgage Trust 2013-C11 E, 4.248%, 03/15/2045 | | | 7,735,221 | | | | 0.4 |
| 960,000 | | | (1),(4) | | WFRBS Commercial Mortgage Trust 2013-C11 F, 4.248%, 03/15/2045 | | | 775,866 | | | | 0.0 |
| 5,950,000 | | | (1) | | WFRBS Commercial Mortgage Trust 2013-C12 F, 3.500%, 03/15/2048 | | | 5,707,865 | | | | 0.3 |
| 412,205 | | | (1),(4),(6) | | WFRBS Commercial Mortgage Trust 2013-C12 XA, 0.910%, 03/15/2048 | | | 524 | | | | 0.0 |
| 12,770,000 | | | (1),(4) | | WFRBS Commercial Mortgage Trust 2013-C17 D, 5.029%, 12/15/2046 | | | 11,736,870 | | | | 0.6 |
| 760,000 | | | (1) | | WFRBS Commercial Mortgage Trust 2013-C17 E, 3.500%, 12/15/2046 | | | 678,596 | | | | 0.0 |
| 22,211,129 | | | (4),(6) | | WFRBS Commercial Mortgage Trust 2013-UBS1 XA, 0.908%, 03/15/2046 | | | 107,947 | | | | 0.0 |
| 1,900,000 | | | (1) | | WFRBS Commercial Mortgage Trust 2014-C21 D, 3.497%, 08/15/2047 | | | 1,623,896 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | Total Commercial Mortgage-Backed Securities | | | | | | | |
| | | | (Cost $347,748,838) | | | 301,738,759 | | | | 16.2 |
| | | | | | | | | | | | | |
ASSET-BACKED SECURITIES: 13.7% | | | | | | | |
| | | | | | Automobile Asset-Backed Securities: 0.8% | | | | | | | |
| 2,450,000 | | | | | AmeriCredit Automobile Receivables Trust 2019-3 D, 2.580%, 09/18/2025 | | | 2,356,355 | | | | 0.1 |
| 4,400,000 | | | | | AmeriCredit Automobile Receivables Trust 2020-1 D, 1.800%, 12/18/2025 | | | 4,153,447 | | | | 0.2 |
| 3,000,000 | | | | | Carmax Auto Owner Trust 2019-2 D, 3.410%, 10/15/2025 | | | 2,964,887 | | | | 0.2 |
| 2,266,881 | | | | | Santander Drive Auto Receivables Trust 2019-2 D, 3.220%, 07/15/2025 | | | 2,252,841 | | | | 0.1 |
| 2,933,723 | | | | | Santander Drive Auto Receivables Trust 2019-3 D, 2.680%, 10/15/2025 | | | 2,920,266 | | | | 0.2 |
| | | | | | | | | 14,647,796 | | | | 0.8 |
| | | | | | | | | | | | | |
| | | | | | Home Equity Asset-Backed Securities: 0.5% | | | | | | | |
| 2,262,654 | | | (1),(4) | | ACE Securities Corp. Mortgage Loan Trust Series 2007-D1 A2, 6.336%, 02/25/2038 | | | 1,773,502 | | | | 0.1 |
| 2,884,880 | | | (1) | | ACE Securities Corp. Mortgage Loan Trust Series 2007-D1 A3, 7.250%, 02/25/2038 | | | 2,240,597 | | | | 0.1 |
| 314,065 | | | | | GSAA Home Equity Trust 2006-3 A3, 4.989%, (US0001M + 0.300%), 03/25/2036 | | | 172,283 | | | | 0.0 |
| 1,957,418 | | | (4) | | GSAA Home Equity Trust 2006-4 4A3, 3.219%, 03/25/2036 | | | 1,278,001 | | | | 0.1 |
| 851,181 | | | | | GSAA Home Equity Trust 2007-1 1A1, 4.549%, (US0001M + 0.080%), 02/25/2037 | | | 277,670 | | | | 0.0 |
| 852,067 | | | (4) | | GSAA Trust 2006-7 AF2, 5.995%, 03/25/2046 | | | 358,447 | | | | 0.0 |
| 772,781 | | | (4) | | Morgan Stanley Mortgage Loan Trust 2007-10XS A2, 6.250%, 02/25/2037 | | | 365,324 | | | | 0.0 |
| 361,312 | | | | | Nomura Home Equity Loan, Inc. Home Equity Loan Trust Series 2007-1 2A4A, 4.849%, (US0001M + 0.230%), 02/25/2037 | | | 320,681 | | | | 0.0 |
| 3,473,386 | | | (4) | | Renaissance Home Equity Loan Trust 2004-4 MF2, 5.818%, 02/25/2035 | | | 2,946,678 | | | | 0.2 |
| | | | | | | | | 9,733,183 | | | | 0.5 |
| | | | | | | | | | | | | |
| | | | | | Other Asset-Backed Securities: 11.3% | | | | | | | |
| 3,089,000 | | | (1),(4) | | Ajax Mortgage Loan Trust 2019-D A2, 3.500%, 09/25/2065 | | | 2,760,677 | | | | 0.1 |
| 4,234,000 | | | (1) | | Ajax Mortgage Loan Trust 2019-F A2, 3.500%, 07/25/2059 | | | 3,821,104 | | | | 0.2 |
| 2,500,000 | | | (1) | | AMMC CLO 16 Ltd. 2015-16A CR2, 5.961%, (US0003M + 1.950%), 04/14/2029 | | | 2,438,882 | | | | 0.1 |
| 2,000,000 | | | (1) | | AMMC CLO XI Ltd. 2012-11A CR2, 6.315%, (US0003M + 1.900%), 04/30/2031 | | | 1,875,664 | | | | 0.1 |
| 2,700,000 | | | (1) | | Apidos CLO XXIV 2016-24A BRR, 6.293%, (US0003M + 2.050%), 10/20/2030 | | | 2,562,754 | | | | 0.1 |
| 2,900,000 | | | (1) | | Apidos CLO XXXIII 2020-33A CR, 6.225%, (US0003M + 1.900%), 10/24/2034 | | | 2,715,693 | | | | 0.1 |
| 1,633,500 | | | (1) | | Applebee's Funding LLC / IHOP Funding LLC 2019-1A A2I, 4.194%, 06/05/2049 | | | 1,610,197 | | | | 0.1 |
| 742,500 | | | (1) | | Applebee's Funding LLC / IHOP Funding LLC 2019-1A A2II, 4.723%, 06/05/2049 | | | 678,930 | | | | 0.0 |
| 372,458 | | | (1) | | Aqua Finance Trust 2019-A A, 3.140%, 07/16/2040 | | | 350,910 | | | | 0.0 |
| 500,000 | | | (1) | | Arbor Realty Commercial Real Estate Notes 2021-FL4 D Ltd., 7.218%, (US0001M + 2.900%), 11/15/2036 | | | 464,169 | | | | 0.0 |
| 750,000 | | | (1) | | Atrium CDO Corp. 12A CR, 5.975%, (US0003M + 1.650%), 04/22/2027 | | | 730,871 | | | | 0.0 |
| 2,500,000 | | | (1) | | Atrium XIV LLC 14A A2BR, 2.304%, 08/23/2030 | | | 2,189,190 | | | | 0.1 |
| 2,000,000 | | | (1) | | Babson CLO Ltd. 2018-3A C, 6.143%, (US0003M + 1.900%), 07/20/2029 | | | 1,935,298 | | | | 0.1 |
| 2,000,000 | | | (1) | | Benefit Street Partners CLO V-B Ltd. 2018-5BA B, 6.393%, (US0003M + 2.150%), 04/20/2031 | | | 1,899,730 | | | | 0.1 |
| 1,000,000 | | | (1) | | BlueMountain CLO 2013-2A CR, 6.275%, (US0003M + 1.950%), 10/22/2030 | | | 936,108 | | | | 0.1 |
| 1,000,000 | | | (1) | | BlueMountain CLO 2015-4 CR Ltd., 6.143%, (US0003M + 1.900%), 04/20/2030 | | | 930,094 | | | | 0.0 |
| 1,250,000 | | | (1) | | BlueMountain CLO Ltd. 2021-28A C, 6.079%, (US0003M + 2.000%), 04/15/2034 | | | 1,160,964 | | | | 0.1 |
| 2,000,000 | | | (1) | | BlueMountain CLO XXIX Ltd. 2020-29A CR, 6.458%, (US0003M + 2.100%), 07/25/2034 | | | 1,869,360 | | | | 0.1 |
| 1,885,750 | | | (1) | | Bojangles Issuer LLC 2020-3A A2, 3.832%, 10/20/2050 | | | 1,697,116 | | | | 0.1 |
| 4,000,000 | | | (1) | | Bristol Park CLO Ltd. 2016-1A CR, 6.029%, (US0003M + 1.950%), 04/15/2029 | | | 3,809,016 | | | | 0.2 |
| 750,000 | | | (1) | | Buttermilk Park CLO Ltd. 2018-1A C, 6.179%, (US0003M + 2.100%), 10/15/2031 | | | 709,844 | | | | 0.0 |
| 1,000,000 | | | (1) | | Carlyle Global Market Strategies CLO 2014-3RA B Ltd., 6.258%, (US0003M + 1.900%), 07/27/2031 | | | 924,851 | | | | 0.0 |
| 1,500,000 | | | (1) | | Carlyle US CLO 2016-4A BR Ltd., 6.343%, (US0003M + 2.100%), 10/20/2027 | | | 1,437,190 | | | | 0.1 |
| 1,000,000 | | | (1) | | Cent CLO C17A BR Ltd., 6.265%, (US0003M + 1.850%), 04/30/2031 | | | 932,833 | | | | 0.1 |
| 5,900,000 | | | (1) | | CIFC Funding 2015-4A BR2 Ltd., 6.143%, (US0003M + 1.900%), 04/20/2034 | | | 5,508,936 | | | | 0.3 |
| 5,500,000 | | | (1) | | CIFC Funding 2019-2A CR Ltd., 6.179%, (US0003M + 2.100%), 04/17/2034 | | | 5,218,928 | | | | 0.3 |
| 846,556 | | | | | Countrywide Asset-Backed Certificates 2005-AB2 M1, 5.094%, (US0001M + 0.705%), 09/25/2035 | | | 785,900 | | | | 0.0 |
| 822,375 | | | (1) | | DB Master Finance LLC 2019-1A A23, 4.352%, 05/20/2049 | | | 752,514 | | | | 0.0 |
| 435,375 | | | (1) | | DB Master Finance LLC 2019-1A A2II, 4.021%, 05/20/2049 | | | 405,361 | | | | 0.0 |
| 4,059,000 | | | (1) | | DB Master Finance LLC 2021-1A A23, 2.791%, 11/20/2051 | | | 3,139,052 | | | | 0.2 |
| 3,000,000 | | | (1) | | Dewolf Park CLO Ltd. 2017-1A DR, 6.929%, (US0003M + 2.850%), 10/15/2030 | | | 2,723,262 | | | | 0.1 |
| 564,000 | | | (1) | | Domino's Pizza Master Issuer LLC 2015-1A A1II, 4.474%, 10/25/2045 | | | 538,166 | | | | 0.0 |
| 1,047,750 | | | (1) | | Domino's Pizza Master Issuer LLC 2017-1A A23, 4.118%, 07/25/2047 | | | 963,824 | | | | 0.1 |
| 2,265,600 | | | (1) | | Domino's Pizza Master Issuer LLC 2018-1A A2I, 4.116%, 07/25/2048 | | | 2,153,117 | | | | 0.1 |
| 3,452,375 | | | (1) | | Domino's Pizza Master Issuer LLC 2019-1A A2, 3.668%, 10/25/2049 | | | 2,993,148 | | | | 0.2 |
| 2,117,500 | | | (1) | | Driven Brands Funding LLC 2019-1A A2, 4.641%, 04/20/2049 | | | 1,942,456 | | | | 0.1 |
| 1,450,000 | | | (1) | | Driven Brands Funding LLC 2022-1A A2, 7.393%, 10/20/2052 | | | 1,452,250 | | | | 0.1 |
| 1,193,750 | | | (1) | | Driven Brands Funding, LLC 2018-1A A2, 4.739%, 04/20/2048 | | | 1,113,592 | | | | 0.1 |
| 2,750,000 | | | (1) | | Dryden 30 Senior Loan Fund 2013-30A DR, 7.206%, (US0003M + 2.600%), 11/15/2028 | | | 2,503,446 | | | | 0.1 |
| 1,750,000 | | | (1) | | Dryden 55 CLO Ltd. 2018-55A C, 5.979%, (US0003M + 1.900%), 04/15/2031 | | | 1,646,190 | | | | 0.1 |
| 5,000,000 | | | (1) | | Dryden 75 CLO Ltd. 2019-75A CR2, 5.879%, (US0003M + 1.800%), 04/15/2034 | | | 4,602,355 | | | | 0.2 |
| 6,000,000 | | | (1) | | Dryden 86 CLO Ltd. 2020-86A DR, 7.279%, (US0003M + 3.200%), 07/17/2034 | | | 5,518,212 | | | | 0.3 |
| 3,046,438 | | | (1) | | Five Guys Holdings, Inc. 2017-1A A2, 4.600%, 07/25/2047 | | | 2,861,040 | | | | 0.2 |
| 854,126 | | | (1) | | Helios Issuer, LLC 2018-1A A, 4.870%, 07/20/2048 | | | 756,574 | | | | 0.0 |
| 3,304,289 | | | (1) | | Helios Issuer, LLC 2018-1A B, 7.710%, 07/20/2048 | | | 2,741,754 | | | | 0.1 |
| 987,832 | | | (1) | | JG Wentworth XLII LLC 2018-2A B, 4.700%, 10/15/2077 | | | 860,167 | | | | 0.0 |
| 1,600,000 | | | (1) | | Kayne CLO 10 Ltd. 2021-10A C, 6.075%, (US0003M + 1.750%), 04/23/2034 | | | 1,465,843 | | | | 0.1 |
| 1,710,000 | | | (1) | | KAYNE CLO I Ltd. 2018-1A CR, 5.829%, (US0003M + 1.750%), 07/15/2031 | | | 1,615,297 | | | | 0.1 |
| 1,350,000 | | | (1) | | LCM XVIII L.P. 18A CR, 6.093%, (US0003M + 1.850%), 04/20/2031 | | | 1,232,050 | | | | 0.1 |
| 1,000,000 | | | (1) | | LCM XX L.P. 20A-CR, 6.193%, (US0003M + 1.950%), 10/20/2027 | | | 975,031 | | | | 0.1 |
| 2,800,000 | | | (1) | | LCM XXIV Ltd. 24A CR, 6.143%, (US0003M + 1.900%), 03/20/2030 | | | 2,610,978 | | | | 0.1 |
| 813,577 | | | (1) | | LCSS Financing 2018-A A LLC, 4.700%, 12/15/2062 | | | 698,768 | | | | 0.0 |
| 1,000,000 | | | (1) | | Madison Park Funding XIII Ltd. 2014-13A CR2, 6.127%, (US0003M + 1.900%), 04/19/2030 | | | 971,327 | | | | 0.1 |
| 2,500,000 | | | (1) | | Madison Park Funding XIX Ltd. 2015-19A B1R2, 6.175%, (US0003M + 1.850%), 01/22/2028 | | | 2,437,985 | | | | 0.1 |
| 1,000,000 | | | (1) | | Magnetite VIII Ltd. 2014-8A CR2, 5.929%, (US0003M + 1.850%), 04/15/2031 | | | 955,763 | | | | 0.1 |
| 154,207 | | | (1) | | Marlette Funding Trust 2018-4A C, 4.910%, 12/15/2028 | | | 153,863 | | | | 0.0 |
| 641,679 | | | (1) | | Marlette Funding Trust 2019-2A C, 4.110%, 07/16/2029 | | | 636,946 | | | | 0.0 |
| 1,201,023 | | | (1) | | Marlette Funding Trust 2019-3A C, 3.790%, 09/17/2029 | | | 1,190,350 | | | | 0.1 |
| 1,605,970 | | | (1) | | Mill City Solar Loan 2019-2GS A Ltd., 3.690%, 07/20/2043 | | | 1,444,164 | | | | 0.1 |
| 537,199 | | | (1) | | Mosaic Solar Loan Trust 2018-1A A, 4.010%, 06/22/2043 | | | 496,477 | | | | 0.0 |
| 1,307,600 | | | (1) | | Mosaic Solar Loan Trust 2018-2-GS B, 4.740%, 02/22/2044 | | | 1,211,030 | | | | 0.1 |
| 1,213,573 | | | (1) | | Mosaic Solar Loan Trust 2019-1A A, 4.370%, 12/21/2043 | | | 1,128,858 | | | | 0.1 |
| 517,049 | | | (1) | | Mosaic Solar Loan Trust 2019-2A A, 2.880%, 09/20/2040 | | | 445,277 | | | | 0.0 |
| 940,220 | | | (1) | | Mosaic Solar Loans 2017-2A A LLC, 3.820%, 06/22/2043 | | | 872,561 | | | | 0.0 |
| 3,500,000 | | | (1) | | Neuberger Berman Loan Advisers CLO 24 Ltd. 2017-24A CR, 6.177%, (US0003M + 1.950%), 04/19/2030 | | | 3,356,503 | | | | 0.2 |
| 7,700,000 | | | (1) | | Neuberger Berman Loan Advisers CLO 30 Ltd. 2018-30A CR, 5.993%, (US0003M + 1.750%), 01/20/2031 | | | 7,237,469 | | | | 0.4 |
| 2,300,000 | | | (1) | | Neuberger Berman Loan Advisers CLO 33 Ltd. 2019-33A CR, 5.979%, (US0003M + 1.900%), 10/16/2033 | | | 2,170,577 | | | | 0.1 |
| 4,750,000 | | | (1) | | Neuberger Berman Loan Advisers Clo 44 Ltd. 2021-44A C, 5.979%, (US0003M + 1.900%), 10/16/2034 | | | 4,446,551 | | | | 0.2 |
| 6,000,000 | | | (1) | | Oaktree CLO Ltd. 2021-1A C, 6.029%, (US0003M + 1.950%), 07/15/2034 | | | 5,590,872 | | | | 0.3 |
| 2,500,000 | | | (1) | | Oaktree CLO Ltd. 2021-1A D, 7.329%, (US0003M + 3.250%), 07/15/2034 | | | 2,315,147 | | | | 0.1 |
| 7,470,000 | | | (1) | | Octagon Investment Partners 31 Ltd. 2017-1A CR, 6.293%, (US0003M + 2.050%), 07/20/2030 | | | 7,135,337 | | | | 0.4 |
| 4,500,000 | | | (1) | | Octagon Investment Partners 32 Ltd. 2017-1A CR, 6.129%, (US0003M + 2.050%), 07/15/2029 | | | 4,284,526 | | | | 0.2 |
| 600,000 | | | (1) | | Octagon Investment Partners 33 Ltd. 2017-1A B, 6.093%, (US0003M + 1.850%), 01/20/2031 | | | 569,522 | | | | 0.0 |
| 1,500,000 | | | (1) | | OHA Credit Funding 9 Ltd. 2021-9A C, 6.127%, (US0003M + 1.900%), 07/19/2035 | | | 1,431,372 | | | | 0.1 |
| 5,000,000 | | | (1) | | Palmer Square CLO 2020-3A CR Ltd., 7.556%, (US0003M + 2.950%), 11/15/2031 | | | 4,674,470 | | | | 0.3 |
| 4,250,000 | | | (1) | | Palmer Square Loan Funding 2021-2A C Ltd., 7.075%, (US0003M + 2.400%), 05/20/2029 | | | 4,142,964 | | | | 0.2 |
| 143,864 | | | (4) | | Popular ABS Mortgage Pass-Through Trust 2005-D A5, 3.527%, 01/25/2036 | | | 140,321 | | | | 0.0 |
| 2,376,500 | | | (1) | | Primose Funding LLC 2019-1A A2, 4.475%, 07/30/2049 | | | 2,174,896 | | | | 0.1 |
| 1,100,000 | | | (1) | | Recette Clo Ltd. 2015-1A CRR, 5.993%, (US0003M + 1.750%), 04/20/2034 | | | 999,592 | | | | 0.1 |
| 2,050,000 | | | (1) | | Rockland Park CLO Ltd. 2021-1A C, 6.143%, (US0003M + 1.900%), 04/20/2034 | | | 1,920,618 | | | | 0.1 |
| 3,270,000 | | | (1) | | Shackleton 2019-15A CR CLO Ltd., 6.229%, (US0003M + 2.150%), 01/15/2032 | | | 3,099,659 | | | | 0.2 |
| 1,453,557 | | | (1) | | SoFi Consumer Loan Program 2020-1 C Trust, 2.500%, 01/25/2029 | | | 1,438,293 | | | | 0.1 |
| 1,200,000 | | | (1) | | SoFi Consumer Loan Program 2020-1 D Trust, 2.940%, 01/25/2029 | | | 1,162,882 | | | | 0.1 |
| 1,904,500 | | | (1) | | Sonic Capital LLC 2020-1A A2I, 3.845%, 01/20/2050 | | | 1,697,492 | | | | 0.1 |
| 4,677,956 | | | (1) | | Sunnova Sol Issuer LLC 2020-1A A, 3.350%, 02/01/2055 | | | 3,898,222 | | | | 0.2 |
| 1,813,580 | | | (1) | | Sunrun Athena Issuer 2018-1 A LLC, 5.310%, 04/30/2049 | | | 1,666,428 | | | | 0.1 |
| 3,490,948 | | | (1) | | Sunrun Atlas Issuer 2019-2 A LLC, 3.610%, 02/01/2055 | | | 3,079,199 | | | | 0.2 |
| 5,580,401 | | | (1) | | Sunrun Jupiter Issuer 2022-1A A LLC, 4.750%, 07/30/2057 | | | 5,121,032 | | | | 0.3 |
| 1,056,000 | | | (1) | | Taco Bell Funding LLC 2018-1A A2II, 4.940%, 11/25/2048 | | | 991,151 | | | | 0.1 |
| 1,000,000 | | | (1) | | TCI-Flatiron Clo 2017-1A C Ltd., 6.500%, (US0003M + 1.850%), 11/18/2030 | | | 948,392 | | | | 0.1 |
| 2,250,000 | | | (1) | | TCI-Flatiron Clo 2018-1A CR Ltd., 6.165%, (US0003M + 1.750%), 01/29/2032 | | | 2,127,217 | | | | 0.1 |
| 4,100,000 | | | (1) | | TCW CLO 2020-1A DRR Ltd., 7.643%, (US0003M + 3.400%), 04/20/2034 | | | 3,755,071 | | | | 0.2 |
| 3,100,000 | | | (1) | | TCW CLO 2021-1A C Ltd., 6.143%, (US0003M + 1.900%), 03/18/2034 | | | 2,892,102 | | | | 0.2 |
| 3,000,000 | | | (1) | | TCW CLO 2021-2A D Ltd., 7.608%, (US0003M + 3.250%), 07/25/2034 | | | 2,747,964 | | | | 0.1 |
| 2,000,000 | | | (1) | | THL Credit Wind River 2014-1 CRR CLO Ltd., 6.144%, (US0003M + 1.950%), 07/18/2031 | | | 1,854,738 | | | | 0.1 |
| 2,000,000 | | | (1),(4) | | Towd Point Mortgage Trust 2015-6 M2, 3.750%, 04/25/2055 | | | 1,867,566 | | | | 0.1 |
| 1,500,000 | | | (1) | | Upland CLO Ltd. 2016-1A BR, 6.093%, (US0003M + 1.850%), 04/20/2031 | | | 1,402,179 | | | | 0.1 |
| 1,230,250 | | | (1) | | Wendy's Funding LLC 2018-1A A2II, 3.884%, 03/15/2048 | | | 1,112,626 | | | | 0.1 |
| 3,094,000 | | | (1) | | Wendy's Funding LLC 2019-1A A2I, 3.783%, 06/15/2049 | | | 2,858,215 | | | | 0.2 |
| 1,750,000 | | | (1) | | Whetstone Park CLO Ltd. 2021-1A D, 7.143%, (US0003M + 2.900%), 01/20/2035 | | | 1,528,249 | | | | 0.1 |
| | �� | | | | | | | 210,003,671 | | | | 11.3 |
| | | | | | | | | | | | | |
| | | | | | Student Loan Asset-Backed Securities: 1.1% | | | | | | | |
| 64,758 | | | (1) | | Commonbond Student Loan Trust 2018-CGS C, 4.350%, 02/25/2046 | | | 61,444 | | | | 0.0 |
| 213,861 | | | (1) | | ELFI Graduate Loan Program 2018-A B LLC, 4.000%, 08/25/2042 | | | 192,237 | | | | 0.0 |
| 719,309 | | | (1),(4) | | ELFI Graduate Loan Program 2019-A B LLC, 2.940%, 03/25/2044 | | | 651,698 | | | | 0.0 |
| 1,092,294 | | | (1) | | Laurel Road Prime Student Loan Trust 2018-B BFX, 3.720%, 05/26/2043 | | | 1,011,019 | | | | 0.1 |
| 4,000,000 | | | (1) | | SMB Private Education Loan Trust 2014-A C, 4.500%, 09/15/2045 | | | 3,392,788 | | | | 0.2 |
| 1,000,000 | | | (1) | | SMB Private Education Loan Trust 2017-A B, 3.500%, 06/17/2041 | | | 917,276 | | | | 0.1 |
| 2,250,000 | | | (1),(4) | | SoFi Professional Loan Program 2017-A B LLC, 3.440%, 03/26/2040 | | | 2,136,320 | | | | 0.1 |
| 1,000,000 | | | (1),(4) | | SoFi Professional Loan Program 2017-A C, 4.430%, 03/26/2040 | | | 891,962 | | | | 0.1 |
| 1,000,000 | | | (1),(4) | | SoFi Professional Loan Program 2017-C C, 4.210%, 07/25/2040 | | | 861,176 | | | | 0.0 |
| 1,000,000 | | | (1) | | SoFi Professional Loan Program 2017-E C LLC, 4.160%, 11/26/2040 | | | 872,758 | | | | 0.0 |
| 1,000,000 | | | (1) | | Sofi Professional Loan Program 2018-D BFX Trust, 4.140%, 02/25/2048 | | | 888,229 | | | | 0.1 |
| 2,000,000 | | | (1) | | Sofi Professional Loan Program 2019-B BFX LLC, 3.730%, 08/17/2048 | | | 1,603,612 | | | | 0.1 |
| 3,000,000 | | | (1) | | Sofi Professional Loan Program 2019-C BFX LLC, 3.050%, 11/16/2048 | | | 2,358,953 | | | | 0.1 |
| 4,400,000 | | | (1) | | SoFi Professional Loan Program 2020-B BFX Trust, 2.730%, 05/15/2046 | | | 3,454,066 | | | | 0.2 |
| | | | | | | | | 19,293,538 | | | | 1.1 |
| | | | | | | | | | | | | |
| | | | Total Asset-Backed Securities | | | | | | | |
| | | | (Cost $276,324,075) | | | 253,678,188 | | | | 13.7 |
| | | | | | | | | | | | | |
BANK LOANS: 9.2% | | | | | | | |
| | | | | | Aerospace & Defense: 0.2% | | | | | | | |
| 272,625 | | | | | ADS Tactical, Inc. 2021 Term Loan B, 10.139%, (US0001M + 5.750%), 03/19/2026 | | | 245,362 | | | | 0.0 |
| 904,686 | | | | | American Airlines, Inc. 2018 Term Loan B, 6.139%, (US0001M + 1.750%), 06/27/2025 | | | 873,588 | | | | 0.1 |
| 783,483 | | | | | Geo Group, Inc. (The) 2022 Tranche 1 Term Loan, 11.448%, 03/23/2027 | | | 787,564 | | | | 0.0 |
| 1,247,547 | | | | | Peraton Corp. Term Loan B, 8.139%, (US0001M + 3.750%), 02/01/2028 | | | 1,221,260 | | | | 0.1 |
| 695,000 | | | | | Setanta Aircraft Leasing Designated Activity Compa Term Loan B, 6.730%, (US0003M + 2.000%), 11/05/2028 | | | 692,828 | | | | 0.0 |
| | | | | | | | | 3,820,602 | | | | 0.2 |
| | | | | | Air Transport: 0.1% | | | | | | | |
| 1,488,655 | | | | | United Airlines, Inc. 2021 Term Loan B, 8.108%, (US0003M + 3.750%), 04/21/2028 | | | 1,473,148 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Auto Components: 0.0% | | | | | | | |
| 617,873 | | | | | Broadstreet Partners, Inc. 2020 Term Loan B, 7.384%, (US0001M + 3.000%), 01/27/2027 | | | 601,268 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Automotive: 0.3% | | | | | | | |
| 612,508 | | | | | Autokiniton US Holdings, Inc. 2021 Term Loan B, 8.792%, (US0001M + 4.500%), 04/06/2028 | | | 594,133 | | | | 0.0 |
| 398,952 | | | | | Bright Bidco B.V. 2018 Term Loan B, 8.267%, (US0003M + 3.500%), 06/30/2024 | | | 135,145 | | | | 0.0 |
| 653,666 | | | | | Dealer Tire, LLC 2020 Term Loan B, 8.634%, (US0001M + 4.250%), 12/12/2025 | | | 649,989 | | | | 0.0 |
| 765,148 | | | | | Gates Global LLC 2021 Term Loan B3, 6.884%, (US0001M + 2.500%), 03/31/2027 | | | 750,562 | | | | 0.1 |
| 622,009 | | | | | Holley Purchaser, Inc. 2021 Term Loan, 8.429%, (US0003M + 3.750%), 11/17/2028 | | | 543,220 | | | | 0.0 |
| 348,619 | | | | | IXS Holdings, Inc. 2021 Term Loan B, 8.550%, (SOFRRATE + 4.250%), 03/05/2027 | | | 275,845 | | | | 0.0 |
| 444,382 | | | | | Les Schwab Tire Centers Term Loan B, 6.580%, (US0003M + 3.250%), 11/02/2027 | | | 441,049 | | | | 0.0 |
| 325,875 | | | | | Rough Country, LLC 2021 Term Loan, 8.230%, (US0003M + 3.500%), 07/28/2028 | | | 305,915 | | | | 0.0 |
| 860,860 | | | | | Truck Hero, Inc. 2021 Term Loan B, 8.134%, (US0001M + 3.750%), 01/31/2028 | | | 742,722 | | | | 0.1 |
| 720,563 | | | | | Wand NewCo 3, Inc. 2020 Term Loan, 7.384%, (US0001M + 3.000%), 02/05/2026 | | | 685,286 | | | | 0.1 |
| 759,138 | | | | | Wheel Pros, LLC 2021 Term Loan, 8.825%, (US0003M + 4.500%), 05/11/2028 | | | 518,428 | | | | 0.0 |
| | | | | | | | | 5,642,294 | | | | 0.3 |
| | | | | | | | | | | | | |
| | | | | | Basic Materials: 0.1% | | | | | | | |
| 270,000 | | | | | Axalta Coating Systems Dutch Holding B.V 2022 USD Term Loan B4, 7.300%, 12/07/2029 | | | 270,548 | | | | 0.0 |
| 650,000 | | | | | Iris Holding, Inc. 2022 Term Loan 1L, 9.050%, (SOFRRATE + 4.750%), 06/28/2028 | | | 591,500 | | | | 0.1 |
| | | | | | | | | 862,048 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Beverage & Tobacco: 0.1% | | | | | | | |
| 2,077 | | | | | City Brewing Company, LLC Closing Date Term Loan, 7.792%, (US0001M + 3.500%), 04/05/2028 | | | 934 | | | | 0.0 |
| 462,675 | | | | | Naked Juice LLC Term Loan, 7.930%, (SOFRRATE + 3.250%), 01/24/2029 | | | 415,375 | | | | 0.0 |
| 594,127 | | | | | Triton Water Holdings, Inc Term Loan, 8.230%, (US0003M + 3.500%), 03/31/2028 | | | 554,469 | | | | 0.1 |
| | | | | | | | | 970,778 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Building & Development: 0.4% | | | | | | | |
| 492,366 | | | | | American Builders & Contractors Supply Co., Inc. 2019 Term Loan, 6.384%, (US0001M + 2.000%), 01/15/2027 | | | 488,551 | | | | 0.0 |
| 1,133,550 | | | | | Chamberlain Group Inc Term Loan B, 7.634%, (US0001M + 3.250%), 11/03/2028 | | | 1,072,386 | | | | 0.1 |
| 846,028 | | | | | Core & Main LP 2021 Term Loan B, 6.879%, (US0001M + 2.500%), 07/27/2028 | | | 837,356 | | | | 0.1 |
| 654,282 | | | | | Cornerstone Building Brands, Inc. 2021 Term Loan B, 7.568%, (US0001M + 3.250%), 04/12/2028 | | | 590,285 | | | | 0.0 |
| 670,585 | | | | | CP Atlas Buyer, Inc. 2021 Term Loan B, 7.884%, (US0001M + 3.500%), 11/23/2027 | | | 589,696 | | | | 0.0 |
| 260,733 | | | | | Empire Today, LLC 2021 Term Loan, 9.292%, (US0003M + 5.000%), 04/03/2028 | | | 196,854 | | | | 0.0 |
| 417 | | | | | Foley Products Company, LLC 2021 Term Loan, 9.480%, (SOFRRATE + 4.750%), 12/29/2028 | | | 404 | | | | 0.0 |
| 556,525 | | | | | Foundation Building Materials Holding Company LLC 2021 Term Loan, 7.665%, (US0003M + 3.250%), 01/31/2028 | | | 527,307 | | | | 0.0 |
| 42,096 | | | (13) | | IPS Corporation 2021 Delayed Draw Term Loan, 8.267%, (US0003M + 3.500%), 10/02/2028 | | | 37,823 | | | | 0.0 |
| 227,692 | | | | | IPS Corporation 2021 Term Loan, 7.884%, (US0001M + 3.500%), 10/02/2028 | | | 204,581 | | | | 0.0 |
| 240,624 | | | | | LBM Acquisition LLC Term Loan B, 7.121%, (US0006M + 3.750%), 12/17/2027 | | | 209,510 | | | | 0.0 |
| 745,616 | | | | | LHS Borrower, LLC 2022 Term Loan B, 9.050%, (SOFRRATE + 4.750%), 02/16/2029 | | | 610,473 | | | | 0.1 |
| 397,688 | | | | | Smyrna Ready Mix Concrete, LLC Term Loan B, 8.673%, (TSFR1M + 4.250%), 04/02/2029 | | | 390,729 | | | | 0.0 |
| 436,077 | | | | | Specialty Building Products Holdings, LLC 2021 Term Loan B, 7.639%, (US0001M + 3.250%), 10/15/2028 | | | 395,194 | | | | 0.0 |
| 400,000 | | | | | SRS Distribution Inc. 2021 Term Loan B, 7.884%, (US0001M + 3.500%), 06/02/2028 | | | 382,300 | | | | 0.0 |
| 449,568 | | | | | Standard Industries Inc. 2021 Term Loan B, 6.425%, (US0003M + 2.250%), 09/22/2028 | | | 444,635 | | | | 0.0 |
| 798,578 | | | | | White Cap Buyer LLC Term Loan B, 8.073%, (TSFR1M + 3.750%), 10/19/2027 | | | 773,677 | | | | 0.1 |
| | | | | | | | | 7,751,761 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | Business Equipment & Services: 0.8% | | | | | | | |
| 959,138 | | | | | AlixPartners, LLP 2021 USD Term Loan B, 7.134%, (US0001M + 2.750%), 02/04/2028 | | | 951,687 | | | | 0.1 |
| 770,250 | | | | | Allied Universal Holdco LLC 2021 USD Incremental Term Loan B, 8.173%, (US0001M + 3.750%), 05/12/2028 | | | 732,604 | | | | 0.1 |
| 638 | | | | | Anticimex International AB 2021 USD Term Loan B1, 8.235%, (US0003M + 3.500%), 11/16/2028 | | | 618 | | | | 0.0 |
| 659,559 | | | | | APX Group, Inc. 2021 Term Loan B, 6.731%, (US0003M + 3.250%), 07/10/2028 | | | 653,458 | | | | 0.0 |
| 767,250 | | | | | Ascend Learning, LLC 2021 Term Loan, 7.884%, (US0001M + 3.500%), 12/11/2028 | | | 727,269 | | | | 0.1 |
| 437,074 | | | | | Belfor Holdings Inc. Term Loan B, 8.389%, (US0001M + 4.000%), 04/06/2026 | | | 434,524 | | | | 0.0 |
| 428,475 | | | | | Cimpress Public Limited Company USD Term Loan B, 7.884%, (US0001M + 3.500%), 05/17/2028 | | | 386,163 | | | | 0.0 |
| 160,000 | | | | | DG Investment Intermediate Holdings 2, Inc. 2021 2nd Lien Term Loan, 11.073%, (US0001M + 6.750%), 03/30/2029 | | | 142,200 | | | | 0.0 |
| 650,870 | | | | | DG Investment Intermediate Holdings 2, Inc. 2021 Term Loan, 8.073%, (US0001M + 3.750%), 03/31/2028 | | | 624,429 | | | | 0.0 |
| 466,424 | | | | | Endure Digital Inc. Term Loan, 7.717%, (US0001M + 3.500%), 02/10/2028 | | | 420,948 | | | | 0.0 |
| 475,197 | | | | | Ensono, LP 2021 Term Loan, 8.901%, (US0003M + 3.750%), 05/26/2028 | | | 428,568 | | | | 0.0 |
| 326,347 | | | | | Finastra USA, Inc. USD 1st Lien Term Loan, 6.871%, (US0003M + 3.500%), 06/13/2024 | | | 289,565 | | | | 0.0 |
| 373,750 | | | | | Garda World Security Corporation 2022 Term Loan B, 8.535%, (TSFR1M + 4.250%), 02/01/2029 | | | 360,980 | | | | 0.0 |
| 750,000 | | | | | Garda World Security Corporation 2022 Term Loan B, 8.550%, (SOFRRATE + 4.250%), 10/30/2026 | | | 731,719 | | | | 0.1 |
| 292,924 | | | | | Gloves Buyer, Inc. 2021 Term Loan, 8.384%, (US0001M + 4.000%), 12/29/2027 | | | 263,631 | | | | 0.0 |
| 535,275 | | | | | Intrado Corporation 2017 Term Loan, 8.415%, (US0003M + 4.000%), 10/10/2024 | | | 492,899 | | | | 0.0 |
| 551,600 | | | | | ION Trading Finance Limited 2021 USD Term Loan, 9.480%, (US0003M + 4.750%), 04/03/2028 | | | 524,611 | | | | 0.0 |
| 601,063 | | | | | KUEHG Corp. 2018 Incremental Term Loan, 8.480%, (US0003M + 3.750%), 02/21/2025 | | | 578,806 | | | | 0.0 |
| 459,926 | | | | | Paysafe Holdings (US) Corp USD Term Loan B1, 7.139%, (US0001M + 2.750%), 06/28/2028 | | | 440,475 | | | | 0.0 |
| 75,000 | | | | | Pre-Paid Legal Services, Inc. 2021 2nd Lien Term Loan, 11.384%, (US0001M + 7.000%), 12/14/2029 | | | 68,906 | | | | 0.0 |
| 351,854 | | | | | Pre-Paid Legal Services, Inc. 2021 Term Loan, 8.134%, (US0001M + 3.750%), 12/15/2028 | | | 339,363 | | | | 0.0 |
| 271,471 | | | | | Red Ventures, LLC 2020 Term Loan B2, 6.889%, (US0001M + 2.500%), 11/08/2024 | | | 270,283 | | | | 0.0 |
| 12,451 | | | | | Refficiency Holdings LLC 2021 Delayed Draw Term Loan, 8.250%, (US0003M + 3.750%), 12/16/2027 | | | 11,852 | | | | 0.0 |
| 992,188 | | | | | Research Now Group, Inc. 2017 1st Lien Term Loan, 8.841%, (US0006M + 5.500%), 12/20/2024 | | | 751,582 | | | | 0.1 |
| 8,257 | | | | | Service Logic Acquisition, Inc Delayed Draw Term Loan, 8.374%, (US0003M + 4.000%), 10/29/2027 | | | 7,844 | | | | 0.0 |
| 514 | | | | | Service Logic Acquisition, Inc Term Loan, 8.415%, (US0003M + 4.000%), 10/29/2027 | | | 488 | | | | 0.0 |
| 771,447 | | | | | Skopima Merger Sub Inc. Term Loan B, 8.384%, (US0001M + 4.000%), 05/12/2028 | | | 729,982 | | | | 0.1 |
| 1,024,811 | | | | | Staples, Inc. 7 Year Term Loan, 9.440%, (US0003M + 5.000%), 04/16/2026 | | | 950,031 | | | | 0.1 |
| 971,754 | | | | | Verscend Holding Corp. 2021 Term Loan B, 8.384%, (US0001M + 4.000%), 08/27/2025 | | | 968,110 | | | | 0.1 |
| 273,763 | | | | | Virtusa Corporation First Lien Term Loan B, 8.134%, (US0001M + 3.750%), 02/11/2028 | | | 265,208 | | | | 0.0 |
| 317,246 | | | | | VM Consolidated, Inc. 2021 Term Loan B, 7.634%, (US0001M + 3.250%), 03/24/2028 | | | 315,858 | | | | 0.0 |
| 322,902 | | | | | Yak Access, LLC 2018 1st Lien Term Loan B, 9.392%, (US0001M + 5.000%), 07/11/2025 | | | 137,233 | | | | 0.0 |
| 208,333 | | | | | Yak Access, LLC 2018 2nd Lien Term Loan B, 14.767%, (US0003M + 10.000%), 07/10/2026 | | | 26,736 | | | | 0.0 |
| | | | | | | | | 14,028,630 | | | | 0.8 |
| | | | | | | | | | | | | |
| | | | | | Cable & Satellite Television: 0.2% | | | | | | | |
| 455,927 | | | | | Atlantic Broadband Finance, LLC 2021 Term Loan, 6.884%, (US0001M + 2.500%), 09/01/2028 | | | 444,243 | | | | 0.0 |
| 965,493 | | | | | DirecTV Financing, LLC Term Loan, 9.384%, (US0001M + 5.000%), 08/02/2027 | | | 940,677 | | | | 0.1 |
| 2,147,551 | | | | | Telesat Canada Term Loan B5, 7.170%, (US0003M + 2.750%), 12/07/2026 | | | 1,014,181 | | | | 0.1 |
| 750,000 | | | | | UPC Financing Partnership 2021 USD Term Loan AX, 7.243%, (US0001M + 2.925%), 01/31/2029 | | | 735,547 | | | | 0.0 |
| 650,000 | | | | | Virgin Media Bristol LLC 2020 USD Term Loan Q, 7.568%, (US0001M + 3.250%), 01/31/2029 | | | 644,414 | | | | 0.0 |
| 331,650 | | | | | WideOpenWest Finance LLC 2021 Term Loan B, 7.580%, (TSFR1M + 3.000%), 12/20/2028 | | | 321,977 | | | | 0.0 |
| | | | | | | | | 4,101,039 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Chemicals & Plastics: 0.3% | | | | | | | |
| 115,000 | | | | | CPC Acquisition Corp Second Lien Term Loan, 12.480%, (US0003M + 7.750%), 12/29/2028 | | | 70,725 | | | | 0.0 |
| 270,070 | | | | | GEON Performance Solutions, LLC 2021 Term Loan, 9.224%, (US0003M + 4.500%), 08/18/2028 | | | 263,318 | | | | 0.0 |
| 507 | | | | | Hexion Holdings Corporation 2022 USD Term Loan, 8.935%, (SOFRRATE + 4.500%), 03/15/2029 | | | 437 | | | | 0.0 |
| 304,178 | | | | | INEOS Styrolution US Holding LLC 2021 USD Term Loan B, 7.134%, (US0001M + 2.750%), 01/29/2026 | | | 299,615 | | | | 0.0 |
| 421,189 | | | | | Ineos US Finance LLC 2021 USD Term Loan B, 6.923%, (TSFR1M + 2.500%), 11/08/2028 | | | 395,241 | | | | 0.0 |
| 800,279 | | | | | Lonza Group AG USD Term Loan B, 8.730%, (US0003M + 4.000%), 07/03/2028 | | | 738,658 | | | | 0.1 |
| 699,089 | | | | | LSF11 A5 Holdco LLC Term Loan, 8.052%, (SOFRRATE + 3.500%), 10/15/2028 | | | 676,369 | | | | 0.1 |
| 632,665 | | | | | Olympus Water US Holding Corporation 2021 USD Term Loan B, 8.500%, (US0003M + 3.750%), 11/09/2028 | | | 609,028 | | | | 0.1 |
| 677,302 | | | | | Polar US Borrower, LLC 2018 1st Lien Term Loan, 9.021%, (US0002M + 4.750%), 10/15/2025 | | | 552,001 | | | | 0.0 |
| 462,288 | | | | | PQ Corporation 2021 Term Loan B, 6.915%, (US0003M + 2.500%), 06/09/2028 | | | 456,220 | | | | 0.0 |
| 317,552 | | | | | Sparta U.S. HoldCo LLC 2021 Term Loan, 7.392%, (US0001M + 3.250%), 08/02/2028 | | | 310,407 | | | | 0.0 |
| 276,327 | | | | | Trinseo Materials Operating S.C.A. 2018 Term Loan, 6.384%, (US0001M + 2.000%), 09/06/2024 | | | 269,024 | | | | 0.0 |
| 300,000 | | | | | Tronox Finance LLC 2021 Term Loan B, 7.017%, (US0003M + 2.250%), 03/10/2028 | | | 291,425 | | | | 0.0 |
| 300,000 | | | | | W.R. Grace & Co.-Conn. 2021 Term Loan B, 8.517%, 09/22/2028 | | | 295,266 | | | | 0.0 |
| | | | | | | | | 5,227,734 | | | | 0.3 |
| | | | | | | | | | | | | |
| | | | | | Clothing/Textiles: 0.0% | | | | | | | |
| 537,300 | | | | | ABG Intermediate Holdings 2 LLC 2021 Term Loan B1, 7.923%, (SOFRRATE + 3.500%), 12/21/2028 | | | 521,629 | | | | 0.0 |
| 335,750 | | | | | Birkenstock GmbH & Co. KG USD Term Loan B, 7.690%, (US0003M + 3.250%), 04/28/2028 | | | 327,566 | | | | 0.0 |
| | | | | | | | | 849,195 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Communications: 0.0% | | | | | | | |
| 675,353 | | | | | Maxar Technologies, Inc. 2022 Term Loan B 1L, 8.550%, (SOFRRATE + 4.250%), 06/14/2029 | | | 675,881 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Consumer, Cyclical: 0.1% | | | | | | | |
| 190,024 | | | | | Avient Corp. 2022 Term Loan B, 7.550%, (SOFRRATE + 3.250%), 08/29/2029 | | | 189,738 | | | | 0.0 |
| 575,000 | | | | | BBB Industries 2022 Term Loan B 1L, 9.550%, (SOFRRATE + 5.250%), 07/25/2029 | | | 523,969 | | | | 0.0 |
| 80,000 | | | | | Bombardier Recreational Products, Inc. 2022 Incremental Term Loan B3, 7.800%, 12/25/2029 | | | 78,567 | | | | 0.0 |
| 710,000 | | | | | Flutter Entertainment 2022 Term Loan B 1L, 7.550%, (SOFRRATE + 3.250%), 07/21/2028 | | | 707,692 | | | | 0.1 |
| 250,000 | | | | | Formula One Holdings Limited. Term Loan B, 7.550%, 01/15/2030 | | | 250,261 | | | | 0.0 |
| 425,000 | | | | | GVC Holdings (Gibraltar) Limited 2022 Term Loan B, 8.180%, 10/31/2029 | | | 423,672 | | | | 0.0 |
| 258,700 | | | | | Penn National Gaming, Inc. 2022 Term Loan B 1L, 7.050%, (SOFRRATE + 2.750%), 05/03/2029 | | | 256,510 | | | | 0.0 |
| 88,000 | | | | | Reverb Buyer, Inc. (Medical Solutions) 2022 1st Lien Term Loan, 8.267%, (US0003M + 3.500%), 11/01/2028 | | | 82,674 | | | | 0.0 |
| | | | | | | | | 2,513,083 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Consumer, Non-cyclical: 0.1% | | | | | | | |
| 562,175 | | | | | Bausch + Lomb Corp. 1st Lien Term Loan B, 7.550%, (SOFRRATE + 3.250%), 05/10/2027 | | | 534,769 | | | | 0.0 |
| 465,000 | | | | | Corgi Bidco, Inc. 2022 Term Loan 1L, 9.300%, (SOFRRATE + 5.000%), 10/12/2029 | | | 436,519 | | | | 0.0 |
| 450,000 | | | | | Neptune Bidco US Inc 2022 USD Term Loan B, 9.300%, 04/11/2029 | | | 403,500 | | | | 0.0 |
| 675,000 | | | | | Refresco / Pegasus 2022 TL B 1L, 8.550%, (SOFRRATE + 4.250%), 07/12/2029 | | | 654,750 | | | | 0.1 |
| 274,313 | | | | | Sabre GLBL Inc. 2022 1st Lien Term Loan B, 9.300%, (SOFRRATE + 5.000%), 06/30/2028 | | | 255,111 | | | | 0.0 |
| | | | | | | | | 2,284,649 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Containers & Glass Products: 0.4% | | | | | | | |
| 146,915 | | | | | Albea Beauty Holdings S.A 2018 USD Term Loan B2, 7.480%, (US0003M + 2.750%), 04/22/2024 | | | 136,631 | | | | 0.0 |
| 509,605 | | | | | Altium Packaging LLC 2021 Term Loan B, 7.134%, (US0001M + 2.750%), 02/03/2028 | | | 494,817 | | | | 0.0 |
| 1,042,277 | | | | | Charter NEX US, Inc. 2021 Term Loan, 8.134%, (US0001M + 3.750%), 12/01/2027 | | | 1,013,614 | | | | 0.1 |
| 626,850 | | | | | Clydesdale Acquisition Holdings Inc Term Loan, 8.598%, (TSFR1M + 4.175%), 04/13/2029 | | | 598,853 | | | | 0.0 |
| 422,860 | | | | | Plastipak Packaging, Inc. 2021 Term Loan B, 6.889%, (US0001M + 2.500%), 12/01/2028 | | | 418,851 | | | | 0.0 |
| 640,163 | | | | | Pretium PKG Holdings, Inc. 2021 1st Lien Term Loan, 7.989%, (US0003M + 4.000%), 10/02/2028 | | | 511,901 | | | | 0.0 |
| 205,000 | | | | | Pretium PKG Holdings, Inc. 2021 2nd Lien Term Loan, 10.989%, (US0003M + 6.750%), 10/01/2029 | | | 127,869 | | | | 0.0 |
| 952,726 | | | | | Pro Mach Group, Inc. 2021 Term Loan B, 8.384%, (US0001M + 4.000%), 08/31/2028 | | | 928,908 | | | | 0.1 |
| 748,575 | | | | | Proampac PG Borrower LLC 2020 Term Loan, 7.770%, (US0003M + 3.750%), 11/03/2025 | | | 718,788 | | | | 0.1 |
| 491,342 | | | | | Reynolds Consumer Products LLC Term Loan, 6.134%, (US0001M + 1.750%), 02/04/2027 | | | 488,101 | | | | 0.0 |
| 344,985 | | | | | Reynolds Group Holdings Inc. 2021 Term Loan B, 7.634%, (US0001M + 3.250%), 09/24/2028 | | | 341,373 | | | | 0.0 |
| 746,084 | | | | | Titan Acquisition Limited 2018 Term Loan B, 8.151%, (US0003M + 3.000%), 03/28/2025 | | | 699,350 | | | | 0.1 |
| 647,905 | | | | | Tosca Services, LLC 2021 Term Loan, 7.938%, (US0001M + 3.500%), 08/18/2027 | | | 529,663 | | | | 0.0 |
| 485,075 | | | | | TricorBraun Holdings, Inc. 2021 Term Loan, 7.634%, (US0001M + 3.250%), 03/03/2028 | | | 464,129 | | | | 0.0 |
| 364,660 | | | | | Trident TPI Holdings, Inc. 2021 Incremental Term Loan, 8.726%, (US0003M + 4.000%), 09/15/2028 | | | 351,051 | | | | 0.0 |
| | | | | | | | | 7,823,899 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | Drugs: 0.2% | | | | | | | |
| 475,000 | | | | | Alvogen Pharma US, Inc. 2020 Extended Term Loan, 12.267%, (US0003M + 7.500%), 06/30/2025 | | | 415,625 | | | | 0.0 |
| 613,992 | | | | | Amneal Pharmaceuticals LLC 2018 Term Loan B, 8.092%, (US0001M + 3.500%), 05/04/2025 | | | 552,688 | | | | 0.0 |
| 996,788 | | | | | Jazz Financing Lux S.a.r.l. USD Term Loan, 7.884%, (US0001M + 3.500%), 05/05/2028 | | | 989,659 | | | | 0.1 |
| 1,053,161 | | | | | Organon & Co USD Term Loan, 7.750%, (US0003M + 3.000%), 06/02/2028 | | | 1,045,262 | | | | 0.1 |
| | | | | | | | | 3,003,234 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Electronics/Electrical: 1.0% | | | | | | | |
| 4,988 | | | | | Altar Bidco, Inc. 2021 Term Loan, 6.608%, (SOFRRATE + 3.500%), 02/01/2029 | | | 4,780 | | | | 0.0 |
| 389,537 | | | | | AP Core Holdings II, LLC Amortization Term Loan B1, 9.884%, (US0001M + 5.500%), 09/01/2027 | | | 354,187 | | | | 0.0 |
| 325,050 | | | | | Atlas Purchaser, Inc. 2021 Term Loan, 9.807%, (US0003M + 5.250%), 05/08/2028 | | | 231,192 | | | | 0.0 |
| 995,634 | | | | | Banff Merger Sub Inc 2021 USD Term Loan, 8.134%, (US0001M + 3.750%), 10/02/2025 | | | 954,979 | | | | 0.1 |
| 380,962 | | | | | CentralSquare Technologies, LLC 2018 1st Lien Term Loan, 8.480%, (US0003M + 3.750%), 08/29/2025 | | | 330,379 | | | | 0.0 |
| 927,988 | | | | | Cloudera, Inc. 2021 Term Loan, 8.134%, (US0001M + 3.750%), 10/08/2028 | | | 882,168 | | | | 0.1 |
| 297,000 | | | | | ConnectWise, LLC 2021 Term Loan B, 8.224%, (US0003M + 3.500%), 09/29/2028 | | | 283,140 | | | | 0.0 |
| 293,897 | | | | | Constant Contact Inc Term Loan, 7.909%, (US0003M + 4.000%), 02/10/2028 | | | 261,018 | | | | 0.0 |
| 984,975 | | | | | CoreLogic, Inc. Term Loan, 7.938%, (US0001M + 3.500%), 06/02/2028 | | | 824,506 | | | | 0.1 |
| 212,739 | | | | | Cornerstone OnDemand, Inc. 2021 Term Loan, 8.134%, (US0001M + 3.750%), 10/16/2028 | | | 190,933 | | | | 0.0 |
| 511,161 | | | | | Delta TopCo, Inc. 2020 Term Loan B, 8.154%, (US0003M + 3.750%), 12/01/2027 | | | 473,249 | | | | 0.0 |
| 415,000 | | | | | Entegris, Inc. 2022 Term Loan B, 7.300%, (SOFRRATE + 3.000%), 07/06/2029 | | | 414,185 | | | | 0.0 |
| 1,168,970 | | | | | GoTo Group, Inc. Term Loan B, 9.139%, (US0001M + 4.750%), 08/31/2027 | | | 755,656 | | | | 0.1 |
| 1,035,825 | | | | | Greeneden U.S. Holdings II, LLC 2020 USD Term Loan B4, 8.384%, (US0001M + 4.000%), 12/01/2027 | | | 996,723 | | | | 0.1 |
| 413,571 | | | | | Helios Software Holdings, Inc. 2021 USD Term Loan B, 8.480%, (TSFR1M + 3.750%), 03/11/2028 | | | 407,058 | | | | 0.0 |
| 1,030,811 | | | | | Hyland Software, Inc. 2018 1st Lien Term Loan, 7.884%, (US0001M + 3.500%), 07/01/2024 | | | 1,018,202 | | | | 0.1 |
| 1,007,388 | | | | | Informatica LLC 2021 USD Term Loan B, 7.139%, (US0001M + 2.750%), 10/27/2028 | | | 992,277 | | | | 0.1 |
| 1,065,923 | | | | | Ingram Micro Inc. 2021 Term Loan B, 8.224%, (US0003M + 3.500%), 06/30/2028 | | | 1,052,931 | | | | 0.1 |
| 266,775 | | | | | Instructure Holdings 2021 Term Loan B, 6.121%, (US0003M + 2.750%), 10/30/2028 | | | 262,773 | | | | 0.0 |
| 150,000 | | | | | Ivanti Software, Inc. 2021 2nd Lien Term Loan, 12.011%, (US0003M + 7.250%), 12/01/2028 | | | 87,750 | | | | 0.0 |
| 930,986 | | | | | Ivanti Software, Inc. 2021 Term Loan B, 9.011%, (US0003M + 4.250%), 12/01/2027 | | | 743,625 | | | | 0.0 |
| 711,957 | | | | | Magenta Buyer LLC 2021 USD 1st Lien Term Loan, 9.170%, (US0003M + 4.750%), 07/27/2028 | | | 613,173 | | | | 0.0 |
| 375,000 | | | | | Magenta Buyer LLC 2021 USD 2nd Lien Term Loan, 12.670%, (US0003M + 8.250%), 07/27/2029 | | | 298,750 | | | | 0.0 |
| 263,013 | | | | | Mediaocean LLC 2021 Term Loan, 7.884%, (US0001M + 3.500%), 12/15/2028 | | | 240,656 | | | | 0.0 |
| 280,000 | | | | | MH Sub I, LLC 2021 2nd Lien Term Loan, 10.649%, (TSFR1M + 6.250%), 02/23/2029 | | | 253,663 | | | | 0.0 |
| 512,425 | | | | | Mitchell International, Inc. 2021 Term Loan B, 8.415%, (US0003M + 3.750%), 10/15/2028 | | | 474,249 | | | | 0.0 |
| 322,887 | | | | | Optiv Security, Inc. 1st Lien Term Loan, 8.403%, (US0003M + 3.250%), 02/01/2024 | | | 310,308 | | | | 0.0 |
| 395,585 | | | | | Planview Parent, Inc. Term Loan, 8.730%, (US0003M + 4.000%), 12/17/2027 | | | 369,213 | | | | 0.0 |
| 3,126 | | | | | Project Boost Purchaser, LLC 2019 Term Loan B, 7.884%, (US0001M + 3.500%), 06/01/2026 | | | 3,019 | | | | 0.0 |
| 460,000 | | | | | Quest Software US Holdings Inc. 2022 2nd Lien Term Loan, 11.594%, (SOFRRATE + 7.500%), 02/01/2030 | | | 286,350 | | | | 0.0 |
| 884,589 | | | | | Rackspace Technology Global, Inc. 2021 Term Loan, 7.380%, (US0003M + 2.750%), 02/15/2028 | | | 556,922 | | | | 0.0 |
| 1,495,977 | | | | | Redstone Buyer LLC 2021 Term Loan, 9.108%, (US0003M + 4.750%), 04/27/2028 | | | 1,046,436 | | | | 0.1 |
| 1,613 | | | (3) | | Riverbed Technology, Inc. 2021 PIK Exit Term Loan, 10.540%, (US0003M + 8.000%) (PIK Rate 2.000%, Cash Rate 7.000%), 12/07/2026 | | | 694 | | | | 0.0 |
| 573,164 | | | | | Seattle Spinco, Inc. USD Term Loan B3, 7.134%, (US0001M + 2.750%), 06/21/2024 | | | 571,253 | | | | 0.0 |
| 304,220 | | | | | SkillSoft Corporation 2021 Term Loan, 9.582%, (TSFR1M + 5.250%), 07/14/2028 | | | 255,228 | | | | 0.0 |
| 752 | | | | | SonicWall US Holdings Inc. 1st Lien Term Loan, 8.449%, (US0003M + 3.750%), 05/16/2025 | | | 729 | | | | 0.0 |
| 539,951 | | | | | Sovos Compliance, LLC 2021 Term Loan, 8.884%, (US0001M + 4.500%), 08/11/2028 | | | 498,240 | | | | 0.0 |
| 8,097 | | | | | Travelport Finance (Luxembourg) S.a.r.l. 2020 Super Priority Term Loan, 6.230%, 02/28/2025 | | | 8,127 | | | | 0.0 |
| 598,286 | | | | | Travelport Finance (Luxembourg) S.a.r.l. 2021 Consented Term Loan, 9.730%, 05/29/2026 | | | 407,832 | | | | 0.0 |
| 997,487 | | | | | Ultimate Software Group Inc (The) 2021 Term Loan, 6.998%, (US0003M + 3.250%), 05/04/2026 | | | 950,107 | | | | 0.1 |
| 266,169 | | | | | Xperi Corporation 2020 Term Loan B, 7.884%, (US0001M + 3.500%), 06/08/2028 | | | 257,602 | | | | 0.0 |
| | | | | | | | | 18,924,262 | | | | 1.0 |
| | | | | | | | | | | | | |
| | | | | | Equipment Leasing: 0.0% | | | | | | | |
| 287,100 | | | | | Albion Financing 3 SARL USD Term Loan, 9.575%, (US0003M + 5.250%), 08/17/2026 | | | 272,506 | | | | 0.0 |
| 455,381 | | | | | Rent-A-Center, Inc. 2021 First Lien Term Loan B, 7.688%, (US0003M + 3.250%), 02/17/2028 | | | 439,822 | | | | 0.0 |
| | | | | | | | | 712,328 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Financial: 0.1% | | | | | | | |
| 1,000,000 | | | | | Hub International Limited 2022 Term Loan B, 8.300%, 11/09/2029 | | | 990,446 | | | | 0.1 |
| 320,000 | | | | | Starwood Property Trust, Inc. 2022 Term Loan B, 7.550%, 11/18/2027 | | | 316,133 | | | | 0.0 |
| 230,000 | | | | | Walker & Dunlop, Inc. 2022 Incremental Term Loan B, 7.300%, 12/16/2028 | | | 227,700 | | | | 0.0 |
| | | | | | | | | 1,534,279 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Financial Intermediaries: 0.5% | | | | | | | |
| 771,628 | | | | | Advisor Group, Inc. 2021 Term Loan, 8.884%, (US0001M + 4.500%), 07/31/2026 | | | 756,678 | | | | 0.1 |
| 290,000 | | | | | AqGen Ascensus, Inc. 2021 2nd Lien Term Loan, 10.250%, (US0003M + 6.500%), 08/02/2029 | | | 255,200 | | | | 0.0 |
| 534,610 | | | | | AqGen Island Holdings, Inc. Term Loan, 8.250%, (US0003M + 3.500%), 08/02/2028 | | | 511,221 | | | | 0.0 |
| 96,610 | | | | | Castlelake Aviation Limited Delayed Draw Term Loan, 7.517%, (US0003M + 2.750%), 10/07/2026 | | | 95,920 | | | | 0.0 |
| 562,875 | | | | | Castlelake Aviation Limited Term Loan B, 7.519%, (US0003M + 2.750%), 10/22/2026 | | | 558,854 | | | | 0.0 |
| 686,725 | | | | | Citadel Securities LP 2021 Term Loan B, 6.823%, (TSFR1M + 2.500%), 02/02/2028 | | | 675,029 | | | | 0.0 |
| 671,611 | | | | | Cushman & Wakefield U.S. Borrower, LLC 2020 Term Loan B, 7.134%, (US0001M + 2.750%), 08/21/2025 | | | 657,479 | | | | 0.0 |
| 735,224 | | | | | Deerfield Dakota Holding, LLC 2020 USD Term Loan B, 8.073%, (TSFR1M + 3.750%), 04/09/2027 | | | 688,124 | | | | 0.1 |
| 1,092,578 | | | | | Edelman Financial Center, LLC 2021 Term Loan B, 7.884%, (US0001M + 3.500%), 04/07/2028 | | | 1,025,267 | | | | 0.1 |
| 1,008,368 | | | | | First Eagle Holdings, Inc. 2020 Term Loan B, 7.230%, (US0003M + 2.500%), 02/01/2027 | | | 981,898 | | | | 0.1 |
| 384,013 | | | | | Focus Financial Partners, LLC 2021 Term Loan, 6.823%, (US0001M + 2.500%), 06/30/2028 | | | 378,413 | | | | 0.0 |
| 508,600 | | | | | HighTower Holdings LLC 2021 Term Loan B, 8.278%, (US0003M + 4.000%), 04/21/2028 | | | 468,548 | | | | 0.0 |
| 566,332 | | | | | Jane Street Group, LLC 2021 Term Loan, 7.134%, (US0001M + 2.750%), 01/26/2028 | | | 550,404 | | | | 0.0 |
| 491,337 | | | | | Trans Union, LLC 2019 Term Loan B5, 6.134%, (US0001M + 1.750%), 11/16/2026 | | | 485,503 | | | | 0.0 |
| 748,665 | | | | | Trans Union, LLC 2021 Term Loan B6, 6.634%, (US0001M + 2.250%), 12/01/2028 | | | 742,231 | | | | 0.1 |
| 625,000 | | | | | VFH Parent LLC 2022 Term Loan B, 7.421%, (SOFRRATE + 3.000%), 01/13/2029 | | | 611,328 | | | | 0.0 |
| | | | | | | | | 9,442,097 | | | | 0.5 |
| | | | | | | | | | | | | |
| | | | | | Food Products: 0.2% | | | | | | | |
| 486,076 | | | | | 8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan, 8.139%, (US0001M + 3.750%), 10/01/2025 | | | 409,154 | | | | 0.0 |
| 681,375 | | | | | 8th Avenue Food & Provisions, Inc. 2021 Incremental Term Loan, 9.139%, (US0001M + 4.750%), 10/01/2025 | | | 576,614 | | | | 0.1 |
| 285,000 | | | | | BCPE North Star US HoldCo 2, Inc. 2021 2nd Lien Term Loan, 11.980%, (US0003M + 7.250%), 06/08/2029 | | | 259,350 | | | | 0.0 |
| 405,055 | | | | | CHG PPC Parent LLC 2021 Term Loan, 7.438%, (US0001M + 3.000%), 12/08/2028 | | | 392,903 | | | | 0.0 |
| 5,038 | | | | | IRB Holding Corp 2022 Term Loan B, 7.317%, (SOFRRATE + 3.000%), 12/15/2027 | | | 4,891 | | | | 0.0 |
| 473,813 | | | | | Primary Products Finance LLC Term Loan, 7.709%, (US0003M + 4.000%), 03/31/2029 | | | 466,755 | | | | 0.1 |
| 388,652 | | | | | Sigma Bidco B.V. 2018 USD Term Loan B2, 5.899%, (TSFR1M + 3.000%), 07/02/2025 | | | 354,240 | | | | 0.0 |
| 513,167 | | | | | Weber-Stephen Products LLC Term Loan B, 7.634%, (US0001M + 3.250%), 10/30/2027 | | | 433,626 | | | | 0.0 |
| | | | | | | | | 2,897,533 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Food Service: 0.2% | | | | | | | |
| 738,579 | | | | | 1011778 B.C. Unlimited Liability Company Term Loan B4, 6.141%, (US0001M + 1.750%), 11/19/2026 | | | 726,807 | | | | 0.1 |
| 746,241 | | | | | Fertitta Entertainment, LLC 2022 Term Loan B, 8.323%, (SOFRRATE + 4.000%), 01/27/2029 | | | 710,328 | | | | 0.0 |
| 482,295 | | | | | Flynn Restaurant Group LP 2021 Term Loan B, 8.634%, (US0001M + 4.250%), 12/01/2028 | | | 453,357 | | | | 0.0 |
| 253,050 | | | | | H Food Holdings LLC 2018 Term Loan B, 8.071%, (US0001M + 3.688%), 05/23/2025 | | | 226,269 | | | | 0.0 |
| 52,000 | | | | | K-Mac Holdings Corp 2021 2nd Lien Term Loan, 11.134%, (US0001M + 6.750%), 07/30/2029 | | | 47,482 | | | | 0.0 |
| 734,673 | | | | | US Foods, Inc. 2019 Term Loan B, 6.384%, (US0001M + 2.000%), 09/13/2026 | | | 728,871 | | | | 0.1 |
| | | | | | | | | 2,893,114 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Food/Drug Retailers: 0.1% | | | | | | | |
| 980,977 | | | | | EG America LLC 2018 USD Term Loan, 8.726%, (US0003M + 4.000%), 02/07/2025 | | | 926,042 | | | | 0.1 |
| 306 | | | | | EG Group Limited 2021 Term Loan, 8.980%, (US0003M + 4.250%), 03/31/2026 | | | 287 | | | | 0.0 |
| 217 | | | (3) | | Moran Foods, LLC 2020 Term Loan, 10.379%, (US0003M + 7.000%) (PIK Rate 7.000%, Cash Rate 1.000%), 04/01/2024 | | | 179 | | | | 0.0 |
| | | | | | | | | 926,508 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Forest Products: 0.0% | | | | | | | |
| 272,842 | | | | | Osmose Utilities Services, Inc. Term Loan, 7.980%, (US0003M + 3.250%), 06/23/2028 | | | 258,688 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Health Care: 0.7% | | | | | | | |
| 567,150 | | | | | Accelerated Health Systems, LLC 2022 Term Loan B, 8.980%, (TSFR1M + 4.250%), 02/15/2029 | | | 464,709 | | | | 0.0 |
| 254,144 | | | | | ADMI Corp. 2021 Term Loan B2, 7.759%, (US0001M + 3.375%), 12/23/2027 | | | 231,462 | | | | 0.0 |
| 108,929 | | | (13) | | Athenahealth, Inc. 2022 Delayed Draw Term loan, 7.821%, (TSFR1M + 3.500%), 02/15/2029 | | | 98,626 | | | | 0.0 |
| 639,465 | | | | | Athenahealth, Inc. 2022 Term Loan, 7.821%, (TSFR1M + 3.500%), 02/15/2029 | | | 578,982 | | | | 0.0 |
| 418,250 | | | | | Bella Holding Company, LLC 2021 Term Loan B, 8.134%, (US0001M + 3.750%), 05/10/2028 | | | 396,815 | | | | 0.0 |
| 176,323 | | | | | Carestream Dental Equipment, Inc 2017 1st Lien Term Loan, 7.634%, (US0001M + 3.250%), 09/01/2024 | | | 164,274 | | | | 0.0 |
| 720,875 | | | | | CHG Healthcare Services Inc. 2021 Term Loan, 7.634%, (US0001M + 3.250%), 09/29/2028 | | | 706,858 | | | | 0.1 |
| 384,235 | | | | | Curia Global, Inc. 2021 Term Loan, 8.165%, (US0003M + 3.750%), 08/30/2026 | | | 317,314 | | | | 0.0 |
| 4,582 | | | | | Envision Healthcare Corporation 2022 Second Out Term Loan, 8.070%, 03/31/2027 | | | 1,489 | | | | 0.0 |
| 943,262 | | | | | Global Medical Response, Inc. 2020 Term Loan B, 8.422%, (US0001M + 4.250%), 10/02/2025 | | | 668,930 | | | | 0.1 |
| 331,765 | | | | | GoodRx, Inc. 1st Lien Term Loan, 7.134%, (US0001M + 2.750%), 10/10/2025 | | | 324,439 | | | | 0.0 |
| 246,094 | | | | | Greenway Health, LLC 2017 1st Lien Term Loan, 8.139%, (US0003M + 3.750%), 02/16/2024 | | | 172,573 | | | | 0.0 |
| 642,650 | | | | | Hunter Holdco 3 Limited USD Term Loan B, 8.980%, (US0003M + 4.250%), 08/19/2028 | | | 631,404 | | | | 0.1 |
| 342,413 | | | | | ICU Medical, Inc. Term Loan B, 7.194%, (TSFR1M + 2.500%), 01/08/2029 | | | 331,819 | | | | 0.0 |
| 470,393 | | | | | Medical Solutions Holdings, Inc. 2021 1st Lien Term Loan, 7.884%, (US0001M + 3.500%), 11/01/2028 | | | 442,170 | | | | 0.0 |
| 1,300,175 | | | | | Medline Borrower, LP USD Term Loan B, 7.634%, (US0001M + 3.250%), 10/23/2028 | | | 1,237,685 | | | | 0.1 |
| 678,119 | | | | | MPH Acquisition Holdings LLC 2021 Term Loan B, 8.985%, (US0003M + 4.250%), 09/01/2028 | | | 581,981 | | | | 0.1 |
| 150,000 | | | | | National Mentor Holdings, Inc. 2021 2nd Lien Term Loan, 11.980%, (US0003M + 7.250%), 03/02/2029 | | | 100,125 | | | | 0.0 |
| 554,403 | | | | | National Mentor Holdings, Inc. 2021 Term Loan, 8.328%, (US0003M + 3.750%), 03/02/2028 | | | 389,468 | | | | 0.0 |
| 23,743 | | | | | National Mentor Holdings, Inc. 2021 Term Loan C, 8.480%, (US0003M + 3.750%), 03/02/2028 | | | 16,680 | | | | 0.0 |
| 216,700 | | | | | New Trojan Parent, Inc. 1st Lien Term Loan, 7.551%, (US0003M + 3.250%), 01/06/2028 | | | 152,774 | | | | 0.0 |
| 253,980 | | | | | Pacific Dental Services,LLC 2021 Term Loan, 7.854%, (US0001M + 3.500%), 05/05/2028 | | | 248,001 | | | | 0.0 |
| 650,249 | | | | | Pathway Vet Alliance LLC 2021 Term Loan, 8.134%, (US0003M + 3.750%), 03/31/2027 | | | 542,958 | | | | 0.0 |
| 289,050 | | | | | Phoenix Guarantor Inc 2020 Term Loan B, 7.634%, (US0001M + 3.250%), 03/05/2026 | | | 271,887 | | | | 0.0 |
| 535,765 | | | | | RegionalCare Hospital Partners Holdings, Inc. 2018 Term Loan B, 8.165%, (US0003M + 3.750%), 11/16/2025 | | | 506,298 | | | | 0.0 |
| 500,000 | | | | | Select Medical Corporation 2017 Term Loan B, 6.890%, (US0001M + 2.500%), 03/06/2025 | | | 491,953 | | | | 0.0 |
| 635,000 | | | | | Sotera Health Holdings, LLC 2021 Term Loan, 7.165%, (US0003M + 2.750%), 12/11/2026 | | | 590,153 | | | | 0.1 |
| 732,544 | | | | | Surgery Center Holdings, Inc. 2021 Term Loan, 8.050%, (US0003M + 3.750%), 08/31/2026 | | | 724,119 | | | | 0.1 |
| 410,261 | | | | | US Anesthesia Partners Inc 2021 Term Loan, 8.370%, (US0001M + 4.250%), 10/01/2028 | | | 390,774 | | | | 0.0 |
| 296,200 | | | | | Virgin Pulse, Inc. 2021 Term Loan, 8.384%, (US0001M + 4.000%), 04/06/2028 | | | 251,955 | | | | 0.0 |
| | | | | | | | | 12,028,675 | | | | 0.7 |
| | | | | | | | | | | | | |
| | | | | | Home Furnishings: 0.1% | | | | | | | |
| 523,375 | | | | | Conair Holdings, LLC Term Loan B, 8.480%, (US0003M + 3.750%), 05/17/2028 | | | 442,252 | | | | 0.0 |
| 491,255 | | | | | Illuminate Merger Sub Corp. Term Loan, 7.884%, (US0003M + 3.500%), 07/21/2028 | | | 442,866 | | | | 0.0 |
| 984,689 | | | | | Prime Security Services Borrower, LLC 2021 Term Loan, 6.505%, (US0003M + 2.750%), 09/23/2026 | | | 976,912 | | | | 0.1 |
| 524,938 | | | | | Solis IV BV USD Term Loan B1, 7.859%, (TSFR1M + 3.500%), 02/26/2029 | | | 464,766 | | | | 0.0 |
| | | | | | | | | 2,326,796 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Industrial: 0.1% | | | | | | | |
| 390,000 | | | | | Chart Industries, Inc. 2022 Term Loan B, 8.050%, 12/07/2029 | | | 386,344 | | | | 0.0 |
| 430,130 | | | | | First Student Bidco, Inc. 2022 Term Loan B 1L, 8.300%, (SOFRRATE + 4.000%), 07/21/2028 | | | 411,849 | | | | 0.0 |
| 29,870 | | | | | First Student Bidco, Inc. 2022 Term Loan C 1L, 8.300%, (SOFRRATE + 4.000%), 07/21/2028 | | | 28,601 | | | | 0.0 |
| 299,250 | | | | | Oscar AcquisitionCo, LLC Term Loan B, 8.800%, 04/29/2029 | | | 283,700 | | | | 0.0 |
| 573,563 | | | | | Project Castle, Inc. Term Loan B 1L, 9.800%, (SOFRRATE + 5.500%), 06/01/2029 | | | 464,585 | | | | 0.1 |
| 381,524 | | | | | STG Logistics, Inc. 2022 TL 1L, 10.300%, (SOFRRATE + 6.000%), 03/24/2028 | | | 368,171 | | | | 0.0 |
| | | | | | | | | 1,943,250 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Industrial Equipment: 0.2% | | | | | | | |
| 475,652 | | | | | Alliance Laundry Systems LLC Term Loan B, 7.409%, (US0003M + 3.500%), 10/08/2027 | | | 466,733 | | | | 0.0 |
| 267,975 | | | | | Clark Equipment Company 2022 Term Loan B, 7.180%, (TSFR1M + 2.500%), 04/20/2029 | | | 264,692 | | | | 0.0 |
| 641,001 | | | | | Granite Holdings US Acquisition Co. 2021 Term Loan B, 8.750%, (US0003M + 4.000%), 09/30/2026 | | | 641,603 | | | | 0.1 |
| 497,087 | | | | | Kenan Advantage Group, Inc. 2021 Term Loan B, 8.134%, (US0001M + 3.750%), 03/24/2026 | | | 485,547 | | | | 0.0 |
| 496,231 | | | | | Madison IAQ LLC Term Loan, 7.988%, (US0003M + 3.250%), 06/21/2028 | | | 462,322 | | | | 0.0 |
| 655,857 | | | | | Vertical US Newco Inc Term Loan B, 6.871%, (US0006M + 3.500%), 07/30/2027 | | | 633,019 | | | | 0.1 |
| | | | | | | | | 2,953,916 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Insurance: 0.3% | | | | | | | |
| 671,334 | | | | | Acrisure, LLC 2020 Term Loan B, 7.884%, (US0001M + 3.500%), 02/15/2027 | | | 631,754 | | | | 0.0 |
| 458,788 | | | | | Acrisure, LLC 2021 First Lien Term Loan B, 8.634%, (US0001M + 4.250%), 02/15/2027 | | | 445,311 | | | | 0.0 |
| 492,175 | | | | | Alliant Holdings Intermediate, LLC 2021 Term Loan B4, 7.854%, (US0001M + 3.500%), 11/06/2027 | | | 481,819 | | | | 0.0 |
| 740,583 | | | | | AmWINS Group, Inc. 2021 Term Loan B, 6.634%, (US0001M + 2.250%), 02/19/2028 | | | 727,808 | | | | 0.1 |
| 387,928 | | | | | Aretec Group, Inc. 2018 Term Loan, 8.673%, (TSFR1M + 4.250%), 10/01/2025 | | | 380,170 | | | | 0.0 |
| 496,639 | | | | | AssuredPartners, Inc. 2020 Term Loan B, 7.884%, (US0001M + 3.500%), 02/12/2027 | | | 483,602 | | | | 0.0 |
| 378,243 | | | | | AssuredPartners, Inc. 2021 Term Loan B, 7.884%, (US0001M + 3.500%), 02/12/2027 | | | 367,724 | | | | 0.0 |
| 382,113 | | | | | AssuredPartners, Inc. 2022 Term Loan, 7.823%, (TSFR1M + 3.500%), 02/12/2027 | | | 370,410 | | | | 0.0 |
| 642,527 | | | | | NFP Corp. 2020 Term Loan, 7.634%, (US0001M + 3.250%), 02/15/2027 | | | 616,344 | | | | 0.0 |
| 819,910 | | | | | OneDigital Borrower LLC 2021 Term Loan, 8.494%, (SOFRRATE + 4.250%), 11/16/2027 | | | 778,914 | | | | 0.1 |
| 809,985 | | | | | Sedgwick Claims Management Services, Inc. 2018 Term Loan B, 7.634%, (US0001M + 3.250%), 12/31/2025 | | | 789,519 | | | | 0.1 |
| | | | | | | | | 6,073,375 | | | | 0.3 |
| | | | | | | | | | | | | |
| | | | | | Leisure Good/Activities/Movies: 0.3% | | | | | | | |
| 369,664 | | | (3) | | 24 Hour Fitness Worldwide, Inc. 2021 Delayed Draw Term Loan, 13.735% (PIK Rate 12.000%, Cash Rate 3.000%), 09/29/2025 | | | 314,214 | | | | 0.0 |
| 359,293 | | | (3) | | 24 Hour Fitness Worldwide, Inc. 2021 Exit Delayed Draw Term Loan, 18.730%, (US0003M + 14.000%) (PIK Rate 12.000%, Cash Rate 3.000%), 09/29/2026 | | | 197,611 | | | | 0.0 |
| 1,079,565 | | | | | Alterra Mountain Company 2021 Series B-2 Consenting Term Loan, 7.884%, (US0001M + 3.500%), 08/17/2028 | | | 1,069,039 | | | | 0.1 |
| 798,339 | | | | | AppLovin Corporation 2021 Term Loan B, 7.730%, (PRIME + 2.000%), 10/25/2028 | | | 760,418 | | | | 0.1 |
| 493,655 | | | | | Bombardier Recreational Products, Inc. 2020 Term Loan, 6.384%, (US0001M + 2.000%), 05/24/2027 | | | 478,074 | | | | 0.0 |
| 332,488 | | | | | City Football Group Limited Term Loan, 7.361%, (US0001M + 3.000%), 07/21/2028 | | | 312,538 | | | | 0.0 |
| 6,840 | | | | | Crown Finance US, Inc. 2020 Term Loan B1, 11.415%, 05/23/2024 | | | 8,169 | | | | 0.0 |
| 1,022,530 | | | | | CWGS Group, LLC 2021 Term Loan B, 6.799%, (US0001M + 2.500%), 06/03/2028 | | | 948,929 | | | | 0.1 |
| 564,563 | | | | | Hayward Industries, Inc. 2021 Term Loan, 6.884%, (US0001M + 2.500%), 05/30/2028 | | | 544,568 | | | | 0.0 |
| 328,666 | | | | | MajorDrive Holdings IV LLC Term Loan B, 8.813%, (US0003M + 4.000%), 06/01/2028 | | | 310,076 | | | | 0.0 |
| 493,734 | | | | | Playtika Holding Corp 2021 Term Loan, 7.134%, (US0001M + 2.750%), 03/13/2028 | | | 472,374 | | | | 0.0 |
| 665,000 | | | | | Scientific Games Holdings LP 2022 USD Term Loan B, 7.097%, (TSFR1M + 3.500%), 04/04/2029 | | | 635,823 | | | | 0.0 |
| | | | | | | | | 6,051,833 | | | | 0.3 |
| | | | | | | | | | | | | |
| | | | | | Lodging & Casinos: 0.2% | | | | | | | |
| 416,319 | | | | | Aimbridge Acquisition Co., Inc. 2019 Term Loan B, 8.134%, (US0001M + 3.750%), 02/02/2026 | | | 379,631 | | | | 0.0 |
| 1,179,292 | | | | | Caesars Resort Collection, LLC 2017 1st Lien Term Loan B, 7.134%, (US0001M + 2.750%), 12/23/2024 | | | 1,178,124 | | | | 0.1 |
| 356,961 | | | | | Caesars Resort Collection, LLC 2020 Term Loan B1, 7.884%, (US0001M + 3.500%), 07/21/2025 | | | 356,459 | | | | 0.0 |
| 1,475 | | | | | Century Casinos, Inc 2022 Term Loan, 10.224%, (TSFR1M + 6.100%), 04/02/2029 | | | 1,407 | | | | 0.0 |
| 738,131 | | | | | Hilton Grand Vacations Borrower LLC 2021 Term Loan B, 7.384%, (US0001M + 3.000%), 08/02/2028 | | | 734,348 | | | | 0.1 |
| 696,500 | | | | | Scientific Games International, Inc. 2022 USD Term Loan, 7.417%, (TSFR1M + 3.000%), 04/14/2029 | | | 688,955 | | | | 0.0 |
| 1,231 | | | | | Stars Group Holdings B.V. TL B 1L, 6.980%, (US0003M + 2.250%), 07/21/2026 | | | 1,217 | | | | 0.0 |
| 492,336 | | | | | Station Casinos LLC 2020 Term Loan B, 6.640%, (US0001M + 2.250%), 02/08/2027 | | | 481,874 | | | | 0.0 |
| 720,025 | | | | | Twin River Worldwide Holdings, Inc. 2021 Term Loan B, 7.542%, (US0003M + 3.250%), 10/02/2028 | | | 670,824 | | | | 0.0 |
| | | | | | | | | 4,492,839 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Mortgage REITs: 0.0% | | | | | | | |
| 366,673 | | | | | BIFM CA Buyer Inc. Term Loan B, 7.884%, (US0001M + 3.500%), 06/01/2026 | | | 352,007 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Oil & Gas: 0.2% | | | | | | | |
| 364,009 | | | | | Brazos Delaware II, LLC Term Loan B, 8.354%, (US0001M + 4.000%), 05/21/2025 | | | 363,099 | | | | 0.0 |
| 323,381 | | | | | ITT Holdings LLC 2021 Term Loan, 7.134%, (US0001M + 2.750%), 07/10/2028 | | | 320,148 | | | | 0.0 |
| 305,030 | | | | | Medallion Midland Acquisition, LLC 2021 Term Loan, 8.592%, (US0003M + 3.750%), 10/18/2028 | | | 302,856 | | | | 0.0 |
| 467,594 | | | | | NorthRiver Midstream Finance LP 2018 Term Loan B, 6.924%, (US0003M + 3.250%), 10/01/2025 | | | 464,963 | | | | 0.0 |
| 629,147 | | | | | Oryx Midstream Services Permian Basin LLC Term Loan B, 7.924%, (US0003M + 3.250%), 10/05/2028 | | | 622,561 | | | | 0.1 |
| 553,925 | | | | | TransMontaigne Operating Company L.P. Term Loan B, 7.871%, (US0001M + 3.500%), 11/17/2028 | | | 544,404 | | | | 0.1 |
| 535,032 | | | | | Waterbridge Midstream Operating LLC Term Loan B, 9.127%, (US0003M + 5.750%), 06/22/2026 | | | 515,255 | | | | 0.0 |
| | | | | | | | | 3,133,286 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Publishing: 0.2% |
| 868,741 | | | | | Cengage Learning, Inc. 2021 Term Loan B, 7.814%, (US0003M + 4.750%), 07/14/2026 | | | 783,263 | | | | 0.1 |
| 659,902 | | | | | Dotdash Meredith Inc Term Loan B, 8.224%, (SOFRRATE + 4.000%), 12/01/2028 | | | 578,514 | | | | 0.0 |
| 802,988 | | | | | Houghton Mifflin Harcourt Publishing Company 2022 Term Loan, 9.673%, (TSFR1M + 5.250%), 04/09/2029 | | | 766,251 | | | | 0.0 |
| 938,125 | | | | | McGraw-Hill Global Education Holdings, LLC 2021 First Lien Term Loan B, 8.316%, (US0006M + 4.750%), 07/28/2028 | | | 885,590 | | | | 0.1 |
| | | | | | | | | 3,013,618 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Radio & Television: 0.2% |
| 899,370 | | | | | Clear Channel Outdoor Holdings, Inc. Term Loan B, 7.915%, (US0003M + 3.500%), 08/21/2026 | | | 818,933 | | | | 0.1 |
| 2,764,859 | | | | | Diamond Sports Group, LLC 2022 2nd Lien Term Loan, 7.567%, (TSFR1M + 3.250%), 08/24/2026 | | | 359,432 | | | | 0.0 |
| 416,667 | | | | | Entercom Media Corp. 2019 Term Loan, 6.889%, (US0001M + 2.500%), 11/18/2024 | | | 297,917 | | | | 0.0 |
| 577,658 | | | | | Gray Television, Inc. 2021 Term Loan D, 7.120%, (US0001M + 3.000%), 12/01/2028 | | | 561,875 | | | | 0.0 |
| 752,363 | | | | | iHeartCommunications, Inc. 2020 Term Loan, 7.384%, (US0001M + 3.000%), 05/01/2026 | | | 691,703 | | | | 0.0 |
| 364,464 | | | | | NASCAR Holdings, Inc Term Loan B, 6.884%, (US0001M + 2.500%), 10/19/2026 | | | 364,009 | | | | 0.0 |
| 1,032,621 | | | | | Univision Communications Inc. 2021 First Lien Term Loan B, 7.634%, (US0001M + 3.250%), 03/15/2026 | | | 1,018,422 | | | | 0.1 |
| | | | | | | | | 4,112,291 | | | | 0.2 |
| | | | | | | | | | | | | |
| | | | | | Rail Industries: 0.0% |
| 738,608 | | | | | Genesee & Wyoming Inc. (New) Term Loan, 6.730%, (US0003M + 2.000%), 12/30/2026 | | | 735,586 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | | | Retailers (Except Food & Drug): 0.4% |
| 259,350 | | | | | AI Aqua Merger Sub, Inc. 2021 1st Lien Term Loan B, 7.967%, (SOFRRATE + 3.750%), 07/31/2028 | | | 244,437 | | | | 0.0 |
| 1,141,809 | | | | | Great Outdoors Group, LLC 2021 Term Loan B1, 8.134%, (US0001M + 3.750%), 03/06/2028 | | | 1,100,895 | | | | 0.1 |
| 1,425,984 | | | | | Harbor Freight Tools USA, Inc. 2021 Term Loan B, 7.134%, (US0001M + 2.750%), 10/19/2027 | | | 1,363,820 | | | | 0.1 |
| 283,992 | | | | | Jo-Ann Stores, Inc. 2021 Term Loan B1, 9.077%, (US0003M + 4.750%), 07/07/2028 | | | 195,103 | | | | 0.0 |
| 431,867 | | | | | Leslies Poolmart, Inc. 2021 Term Loan B, 6.884%, (US0003M + 2.500%), 03/09/2028 | | | 423,994 | | | | 0.0 |
| 758,450 | | | | | Michaels Companies, Inc. 2021 Term Loan B, 8.980%, (US0003M + 4.250%), 04/15/2028 | | | 658,335 | | | | 0.1 |
| 555,113 | | | | | Petco Animal Supplies, Inc. 2021 Term Loan B, 7.976%, (US0003M + 3.250%), 03/03/2028 | | | 539,538 | | | | 0.0 |
| 574,200 | | | | | Petmate Incremental Term Loan B, 10.230%, (US0003M + 5.500%), 09/15/2028 | | | 432,803 | | | | 0.0 |
| 824,563 | | | | | Pilot Travel Centers LLC 2021 Term Loan B, 6.323%, (TSFR1M + 2.000%), 08/04/2028 | | | 815,989 | | | | 0.1 |
| 546,501 | | | | | Restoration Hardware, Inc. Term Loan B, 6.884%, (US0001M + 2.500%), 10/20/2028 | | | 505,172 | | | | 0.0 |
| 337,541 | | | | | Tory Burch LLC Term Loan B, 7.884%, (US0001M + 3.250%), 04/16/2028 | | | 312,542 | | | | 0.0 |
| | | | | | | | | 6,592,628 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | Surface Transport: 0.1% |
| 480,459 | | | | | American Trailer World Corp. Term Loan B, 8.073%, (TSFR1M + 3.750%), 03/03/2028 | | | 417,850 | | | | 0.0 |
| 1,056 | | | | | ENC Holding Corporation 2021 Term Loan, 8.980%, (US0003M + 4.250%), 08/19/2028 | | | 988 | | | | 0.0 |
| 783,469 | | | | | LaserShip, Inc. 2021 Term Loan, 9.230%, (US0003M + 4.500%), 05/07/2028 | | | 561,355 | | | | 0.0 |
| 265,640 | | | | | Savage Enterprises LLC 2021 Term Loan B, 7.639%, (US0001M + 3.250%), 09/15/2028 | | | 264,212 | | | | 0.0 |
| 718,625 | | | | | Worldwide Express Operations, LLC 2021 1st Lien Term Loan, 8.730%, (US0003M + 4.000%), 07/26/2028 | | | 659,338 | | | | 0.1 |
| 170,000 | | | | | Worldwide Express Operations, LLC 2021 2nd Lien Term Loan, 11.730%, (US0003M + 7.000%), 07/26/2029 | | | 142,481 | | | | 0.0 |
| | | | | | | | | 2,046,224 | | | | 0.1 |
| | | | | | | | | | | | | |
| | | | | | Technology: 0.4% |
| 525,000 | | | | | Applied Systems, Inc. 2022 Extended 1st Lien Term Loan, 8.800%, 09/18/2026 | | | 523,688 | | | | 0.0 |
| 4,700,000 | | | | | Avaya 2022 Term Loan 1L, 14.300%, (SOFRRATE + 10.000%), 12/15/2027 | | | 2,937,500 | | | | 0.2 |
| 63,369 | | | | | Bright Bidco B.V. 2022 DIP Delayed Draw Term Loan, 11.820%, (TSFR1M + 8.000%), 02/28/2023 | | | 64,003 | | | | 0.0 |
| 304,001 | | | | | Bright Bidco B.V. 2022 DIP Term Loan, 12.300%, (SOFRRATE + 8.000%), 02/28/2023 | | | 307,041 | | | | 0.0 |
| 297 | | | | | Bright Bidco B.V. 2022 Exit Term Loan, 12.094%, 10/31/2027 | | | 301 | | | | 0.0 |
| 610,000 | | | | | CDK Global 2022 Term Loan B 1L, 8.800%, (SOFRRATE + 4.500%), 07/06/2029 | | | 605,854 | | | | 0.0 |
| 548,625 | | | | | MKS Instruments, Inc. 2022 USD Term Loan B 1L, 7.050%, (SOFRRATE + 2.750%), 08/17/2029 | | | 543,286 | | | | 0.0 |
| 970,000 | | | | | Open Text Corporation 2022 Term Loan B, 7.800%, 11/16/2029 | | | 947,973 | | | | 0.1 |
| 300,000 | | | | | Tibco Software Inc. 2022 USD Term Loan, 9.180%, 03/30/2029 | | | 268,562 | | | | 0.0 |
| 870,246 | | | | | Veritas US Inc. 2021 USD Term Loan B, 9.730%, (US0003M + 5.000%), 09/01/2025 | | | 622,497 | | | | 0.1 |
| | | | | | | | | 6,820,705 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | Telecommunications: 0.4% |
| 376,421 | | | | | Altice Financing SA USD 2017 1st Lien Term Loan, 7.488%, (US0003M + 2.750%), 01/31/2026 | | | 364,187 | | | | 0.0 |
| 982,005 | | | | | Asurion LLC 2018 Term Loan B7, 7.384%, (US0001M + 3.000%), 11/03/2024 | | | 956,228 | | | | 0.1 |
| 330,000 | | | | | Asurion LLC 2021 2nd Lien Term Loan B3, 9.634%, (US0001M + 5.250%), 01/31/2028 | | | 258,885 | | | | 0.0 |
| 497,925 | | | | | Avaya, Inc. 2020 Term Loan B, 8.568%, (US0001M + 4.250%), 12/15/2027 | | | 171,473 | | | | 0.0 |
| 266,356 | | | | | Cablevision Lightpath LLC Term Loan B, 7.568%, (US0001M + 3.250%), 11/30/2027 | | | 255,036 | | | | 0.0 |
| 1,078,075 | | | | | CCI Buyer, Inc. Term Loan, 8.580%, (TSFR1M + 4.000%), 12/17/2027 | | | 1,033,066 | | | | 0.1 |
| 483,200 | | | | | CenturyLink, Inc. 2020 Term Loan B, 6.634%, (US0001M + 2.250%), 03/15/2027 | | | 459,342 | | | | 0.0 |
| 516,927 | | | | | CommScope, Inc. 2019 Term Loan B, 7.634%, (US0001M + 3.250%), 04/06/2026 | | | 488,657 | | | | 0.0 |
| 949,415 | | | | | Connect Finco Sarl 2021 Term Loan B, 7.884%, (US0001M + 3.500%), 12/11/2026 | | | 939,773 | | | | 0.1 |
| 306,288 | | | | | Global Tel*Link Corporation 2018 1st Lien Term Loan, 8.344%, (US0003M + 4.250%), 11/29/2025 | | | 266,854 | | | | 0.0 |
| 251,175 | | | | | GOGO Intermediate Holdings LLC Term Loan B, 8.165%, (US0003M + 3.750%), 04/30/2028 | | | 249,448 | | | | 0.0 |
| 492,959 | | | | | GTT Communications, Inc. 2018 USD Term Loan B, 11.250%, (PRIME + 3.750%), 05/31/2025 | | | 196,875 | | | | 0.0 |
| 387,478 | | | | | Level 3 Financing Inc. 2019 Term Loan B, 6.134%, (US0001M + 1.750%), 03/01/2027 | | | 372,342 | | | | 0.0 |
| 305,068 | | | | | Numericable Group SA USD Term Loan B11, 7.165%, (US0003M + 2.750%), 07/31/2025 | | | 289,815 | | | | 0.0 |
| 192,208 | | | | | Securus Technologies Holdings, Inc. 2017 1st Lien Term Loan, 9.230%, (US0003M + 4.500%), 11/01/2024 | | | 144,316 | | | | 0.0 |
| 270,000 | | | | | Venga Finance Sarl 2021 USD Term Loan B, 9.485%, (US0003M + 4.750%), 12/04/2028 | | | 249,413 | | | | 0.0 |
| 371,878 | | | | | ViaSat, Inc. Term Loan, 8.938%, (TSFR1M + 4.500%), 03/02/2029 | | | 362,767 | | | | 0.0 |
| 960,597 | | | | | Zayo Group Holdings, Inc. USD Term Loan, 7.384%, (US0001M + 3.000%), 03/09/2027 | | | 781,419 | | | | 0.1 |
| | | | | | | | | 7,839,896 | | | | 0.4 |
| | | | | | | | | | | | | |
| | | | | | Utilities: 0.0% |
| 330,897 | | | | | Edgewater Generation, L.L.C. Term Loan, 8.134%, (US0001M + 3.750%), 12/13/2025 | | | 315,088 | | | | 0.0 |
| 260,171 | | | | | Nautilus Power, LLC Term Loan B, 8.634%, (US0001M + 4.250%), 05/16/2024 | | | 203,583 | | | | 0.0 |
| 335,750 | | | | | Tiger Acquisition, LLC 2021 Term Loan, 7.634%, (US0001M + 3.250%), 06/01/2028 | | | 319,723 | | | | 0.0 |
| | | | | | | | | 838,394 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | Total Bank Loans | | | | | | | |
| | | | (Cost $186,289,265) | | | 170,573,371 | | | | 9.2 |
| | | | | | | | | | | | |
CONVERTIBLE BONDS/NOTES: 0.0% | | | | |
| | | | | | Communications: 0.0% |
| 210,000 | | | | | DISH Network Corp., 3.375%, 08/15/2026 | | | 132,090 | | | | 0.0 |
| | | | | | | | | | | | | |
| | | | Total Convertible Bonds/Notes | | | | | | | |
| | | | (Cost $205,804) | | | 132,090 | | | | 0.0 |
| 1,299,347 | | | (16) | | Citigroup, Inc., Repurchase Agreement dated 12/30/22, 4.25%, due 01/03/23 (Repurchase Amount $1,299,952, collateralized by various U.S. Government Securities, 0.000%-4.500%, Market Value plus accrued interest $1,325,334, due 04/11/23-10/31/29) | | | 1,299,347 | | | | 0.1 | |
| 3,444,888 | | | (16) | | National Bank Financial, Repurchase Agreement dated 12/30/22, 4.34%, due 01/03/23 (Repurchase Amount $3,446,526, collateralized by various U.S. Government Securities, 0.000%-4.435%, Market Value plus accrued interest $3,513,786, due 01/03/23-09/09/49) | | | 3,444,888 | | | | 0.2 | |
| 3,138,118 | | | (16) | | State of Wisconsin Investment Board, Repurchase Agreement dated 12/30/22, 4.34%, due 01/03/23 (Repurchase Amount $3,139,611, collateralized by various U.S. Government Securities, 0.125%-3.875%, Market Value plus accrued interest $3,200,895, due 01/15/24-02/15/51) | | | 3,138,118 | | | | 0.1 | |
| | | | | | | | | | | | | | |
| | | | Total Repurchase Agreements | | | | | | | | |
| | | | (Cost $14,772,153) | | | 14,772,153 | | | | 0.8 | |
| | | | | | | | | | | | | | |
Shares | | | | | | | Value | | | | Percentage of Net Assets | |
| | | | | | Mutual Funds: 9.3% | | | | | | | | |
| 2,345,978 | | | (17) | | BlackRock Liquidity Funds, FedFund, Institutional Class, 4.030% | | | 2,345,978 | | | | 0.1 | |
| 170,073,000 | | | (17) | | Goldman Sachs Financial Square Government Fund - Institutional Shares, 4.150% | | | 170,073,000 | | | | 9.2 | |
| | | | Total Mutual Funds | | | | | | | | |
| | | | (Cost $172,418,978) | | | 172,418,978 | | | | 9.3 | |
| | | | | | | | | | | | | | |
| | | | Total Short-Term Investments | | | | | | | | |
| | | | (Cost $187,191,131) | | | 187,191,131 | | | | 10.1 | |
| | | | | | | | | | | | | | |
| | | | Total Investments in Securities (Cost $2,151,599,944) | | $ | 1,926,947,329 | | | | 103.8 | |
| | | | Liabilities in Excess of Other Assets | | | (70,211,489 | ) | | | (3.8 | ) |
| | | | Net Assets | | $ | 1,856,735,840 | | | | 100.0 | |
| |
† | Unless otherwise indicated, principal amount is shown in USD. |
(1) | Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
(2) | Security, or a portion of the security, is on loan. |
(3) | All or a portion of this security is payment-in-kind ("PIK") which may pay interest or additional principal at the issuer's discretion. Rates shown are the current rate and possible payment rates. |
(4) | Variable rate security. Rate shown is the rate in effect as of December 31, 2022. |
(5) | Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rates shown reflect the current and next coupon rate as of December 31, 2022. |
(6) | Interest only securities represent the right to receive the monthly interest payments on an underlying pool of mortgage loans. Principal amount shown represents the notional amount on which current interest is calculated. Payments of principal on the pool reduce the value of the interest only security. |
(7) | Principal only securities represent the right to receive the monthly principal payments on an underlying pool of mortgage loans. No payments of interest on the pool are passed through the principal only security. |
(8) | The Federal Housing Finance Agency (“FHFA”) placed the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association into conservatorship with FHFA as the conservator. As such, the FHFA oversees the continuing affairs of these companies. |
(9) | Represents or includes a TBA transaction. |
(10) | Defaulted security. |
(11) | For fair value measurement disclosure purposes, security is categorized as Level 3, whose value was determined using significant unobservable inputs. |
(12) | Represents a zero coupon bond. Rate shown reflects the effective yield as of December 31, 2022. |
(13) | All or a portion of this holding is subject to unfunded loan commitments. Please refer to Note 10 for additional details. |
(14) | Non-income producing security. |
(15) | The tables within the Portfolio of Investments detail open purchased options which are non-income producing securities. |
(16) | All or a portion of the security represents securities purchased with cash collateral received for securities on loan. |
(17) | Rate shown is the 7-day yield as of December 31, 2022. |
At December 31, 2022, the following forward foreign currency contracts were outstanding for Voya Strategic Income Opportunities Fund:
Currency Purchased | | Currency Sold | | Counterparty | | Settlement Date | | Unrealized Appreciation (Depreciation) | |
AUD 4,252,266 | | USD 2,835,850 | | Bank of America N.A. | | 02/03/23 | | $ | 63,228 | |
CAD 21,947,053 | | USD 16,062,408 | | Bank of America N.A. | | 02/03/23 | | | 149,203 | |
USD 11,558,815 | | CAD 15,712,257 | | Bank of America N.A. | | 02/03/23 | | | (47,345 | ) |
USD 5,102,097 | | GBP 4,221,672 | | Bank of America N.A. | | 02/03/23 | | | 43,009 | |
MXN 128,408,954 | | USD 6,602,682 | | BNP Paribas | | 01/13/23 | | | (26,355 | ) |
USD 18,974,765 | | AUD 28,406,400 | | BNP Paribas | | 02/03/23 | | | (391,933 | ) |
JPY 2,404,779,867 | | USD 18,377,931 | | BNP Paribas | | 02/03/23 | | | 24,695 | |
USD 15,982,445 | | CAD 21,740,951 | | BNP Paribas | | 02/03/23 | | | (76,926 | ) |
USD 5,445,865 | | GBP 4,524,518 | | Citibank N.A. | | 02/03/23 | | | 23,858 | |
USD 8,605,939 | | JPY 1,143,908,960 | | Citibank N.A. | | 02/03/23 | | | (147,847 | ) |
USD 9,080,387 | | NZD 14,306,273 | | Citibank N.A. | | 02/03/23 | | | (7,036 | ) |
USD 13,999,602 | | EUR 13,192,633 | | Citibank N.A. | | 02/03/23 | | | (154,228 | ) |
EUR 3,374,473 | | USD 3,595,099 | | Citibank N.A. | | 02/03/23 | | | 25,233 | |
NZD 28,598,900 | | USD 18,072,926 | | Goldman Sachs International | | 02/03/23 | | | 93,253 | |
CHF 11,302,127 | | USD 12,259,203 | | Goldman Sachs International | | 02/03/23 | | | 8,373 | |
CAD 21,592,423 | | USD 15,863,368 | | Goldman Sachs International | | 02/03/23 | | | 86,290 | |
USD 13,581,539 | | CHF 12,536,259 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | (25,591 | ) |
USD 21,127,131 | | EUR 19,837,961 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | (156,198 | ) |
EUR 24,929,441 | | USD 26,665,402 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | (303,756 | ) |
USD 14,109,121 | | CAD 19,304,136 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | (150,249 | ) |
USD 5,583,690 | | EUR 5,236,121 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | (33,928 | ) |
USD 8,402,265 | | NZD 13,363,061 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | (86,025 | ) |
USD 13,004,152 | | EUR 12,121,967 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | 185,773 | |
EUR 11,357,031 | | USD 12,066,015 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | 118,474 | |
NZD 13,298,616 | | USD 8,441,749 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | 5,605 | |
NOK 451,442 | | USD 45,508 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | 634 | |
AUD 27,162,766 | | USD 18,337,635 | | Morgan Stanley Capital Services LLC | | 02/03/23 | | | 181,188 | |
USD 798,051 | | JPY 108,761,173 | | Standard Chartered Bank | | 02/03/23 | | | (34,246 | ) |
USD 43,804 | | SEK 454,692 | | Standard Chartered Bank | | 02/03/23 | | | 147 | |
USD 8,302,558 | | MXN 161,883,797 | | State Street Bank and Trust Co. | | 01/13/23 | | | 11,853 | |
USD 10,571,498 | | MXN 206,946,239 | | State Street Bank and Trust Co. | | 01/13/23 | | | (27,032 | ) |
MXN 97,284,945 | | USD 5,002,682 | | State Street Bank and Trust Co. | | 01/13/23 | | | (20,338 | ) |
USD 8,945,199 | | AUD 13,338,588 | | State Street Bank and Trust Co. | | 02/03/23 | | | (148,682 | ) |
USD 10,143,377 | | GBP 8,346,107 | | State Street Bank and Trust Co. | | 02/03/23 | | | 44,414 | |
GBP 8,949,221 | | USD 10,777,109 | | State Street Bank and Trust Co. | | 02/03/23 | | | 51,635 | |
GBP 8,355,543 | | USD 10,071,955 | | State Street Bank and Trust Co. | | 02/03/23 | | | 38,427 | |
EUR 7,371,034 | | USD 7,866,202 | | State Street Bank and Trust Co. | | 02/03/23 | | | 41,875 | |
USD 2,207,404 | | CAD 3,007,481 | | State Street Bank and Trust Co. | | 02/03/23 | | | (14,129 | ) |
USD 9,462,998 | | JPY 1,243,763,114 | | State Street Bank and Trust Co. | | 02/03/23 | | | (54,924 | ) |
EUR 3,736,769 | | USD 3,978,284 | | State Street Bank and Trust Co. | | 02/03/23 | | | 30,742 | |
CHF 13,505,283 | | USD 14,593,356 | | State Street Bank and Trust Co. | | 02/03/23 | | | 65,573 | |
USD 12,203,514 | | CHF 11,325,762 | | State Street Bank and Trust Co. | | 02/03/23 | | | (89,716 | ) |
NZD 14,497,724 | | USD 9,046,813 | | State Street Bank and Trust Co. | | 02/03/23 | | | 162,221 | |
USD 9,238,050 | | AUD 13,703,522 | | State Street Bank and Trust Co. | | 02/03/23 | | | (104,632 | ) |
AUD 26,274,534 | | USD 17,920,068 | | State Street Bank and Trust Co. | | 02/03/23 | | | (218,966 | ) |
USD 18,240,558 | | AUD 26,822,508 | | State Street Bank and Trust Co. | | 02/03/23 | | | 170,288 | |
USD 14,593,373 | | CHF 13,431,720 | | State Street Bank and Trust Co. | | 02/03/23 | | | 197,015 | |
AUD 23,368,242 | | USD 15,704,017 | | State Street Bank and Trust Co. | | 02/03/23 | | | 227,804 | |
AUD 14,166,366 | | USD 9,445,738 | | State Street Bank and Trust Co. | | 02/03/23 | | | 212,499 | |
CHF 12,557,345 | | USD 13,524,336 | | State Street Bank and Trust Co. | | 02/03/23 | | | 105,681 | |
CAD 15,846,808 | | USD 11,707,167 | | State Street Bank and Trust Co. | | 02/03/23 | | | (112,141 | ) |
USD 14,533,036 | | CHF 13,440,277 | | State Street Bank and Trust Co. | | 02/03/23 | | | (55,335 | ) |
CAD 20,599,330 | | USD 15,239,658 | | State Street Bank and Trust Co. | | 02/03/23 | | | (23,568 | ) |
USD 9,155,541 | | NZD 14,582,128 | | State Street Bank and Trust Co. | | 02/03/23 | | | (107,107 | ) |
USD 7,975,804 | | JPY 1,051,116,302 | | State Street Bank and Trust Co. | | 02/03/23 | | | (67,884 | ) |
USD 10,849,022 | | GBP 9,011,565 | | State Street Bank and Trust Co. | | 02/03/23 | | | (55,160 | ) |
| | | | | | | | $ | (372,287 | ) |
At December 31, 2022, the following futures contracts were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following centrally cleared credit default swaps were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following centrally cleared interest rate swaps were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following OTC volatility swaps were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following OTC purchased foreign currency dual digital options were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following OTC purchased foreign currency options were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following OTC written foreign currency options were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following OTC written interest rate swaptions were outstanding for Voya Strategic Income Opportunities Fund:
At December 31, 2022, the following OTC written forward premium swaptions were outstanding for Voya Strategic Income Opportunities Fund:
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:
Cost for federal income tax purposes was $2,128,369,549.