Eaton Vance Short Duration Diversified Income Fund (EVG) NPORT-P Eaton Vance Short Duration Diversified Income Fund (Jan 2022 report)

Eaton Vance

Short Duration Diversified Income Fund

January 31, 2022

PORTFOLIO OF INVESTMENTS (Unaudited)

Asset-Backed Securities — 16.0%
Security	Principal Amount (000’s omitted)		Value
AMMC CLO 15, Ltd., Series 2014-15A, Class ERR, 7.151%, (3 mo. USD LIBOR + 6.91%), 1/15/32(1)(2)	$	2,000	$	1,958,442
AMMC CLO XII, Ltd., Series 2013-12A, Class ER, 6.326%, (3 mo. USD LIBOR + 6.18%), 11/10/30(1)(2)		1,000		941,822
Ares XXXIIR CLO, Ltd., Series 2014-32RA, Class D, 6.006%, (3 mo. USD LIBOR + 5.85%), 5/15/30(1)(2)		1,000		978,489
Carlyle Global Market Strategies CLO, Ltd.:
Series 2012-3A, Class DR2, 6.738%, (3 mo. USD LIBOR + 6.50%), 1/14/32(1)(2)		2,000		1,887,848
Series 2014-4RA, Class D, 5.891%, (3 mo. USD LIBOR + 5.65%), 7/15/30(1)(2)		1,000		899,509
Series 2015-5A, Class DR, 6.954%, (3 mo. USD LIBOR + 6.70%), 1/20/32(1)(2)		1,000		952,288
Galaxy XV CLO, Ltd., Series 2013-15A, Class ER, 6.886%, (3 mo. USD LIBOR + 6.65%), 10/15/30(1)(2)		1,440		1,413,416
Galaxy XXI CLO, Ltd., Series 2015-21A, Class ER, 5.504%, (3 mo. USD LIBOR + 5.25%), 4/20/31(1)(2)		1,000		956,270
Galaxy XXV CLO, Ltd., Series 2018-25A, Class E, 6.208%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2)		1,250		1,212,925
Golub Capital Partners CLO 22B, Ltd., Series 2015-22A, Class ER, 6.254%, (3 mo. USD LIBOR + 6.00%), 1/20/31(1)(2)		2,000		1,897,394
Golub Capital Partners CLO 23M, Ltd., Series 2015-23A, Class ER, 6.004%, (3 mo. USD LIBOR + 5.75%), 1/20/31(1)(2)		2,000		1,812,756
Madison Park Funding XXV, Ltd., Series 2017-25A, Class D, 6.358%, (3 mo. USD LIBOR + 6.10%), 4/25/29(1)(2)		3,000		2,988,777
Neuberger Berman CLO XVIII, Ltd., Series 2014-18A, Class DR2, 6.175%, (3 mo. USD LIBOR + 5.92%), 10/21/30(1)(2)		3,000		2,970,531
NRZ Excess Spread-Collateralized Notes, Series 2021-GNT1, Class A, 3.474%, 11/25/26(1)		940		931,109
Palmer Square CLO, Ltd., Series 2013-2A, Class DRR, 6.091%, (3 mo. USD LIBOR + 5.85%), 10/17/31(1)(2)		2,000		1,966,224
Regatta IX Funding, Ltd., Series 2017-1A, Class E, 6.241%, (3 mo. USD LIBOR + 6.00%), 4/17/30(1)(2)		2,000		1,998,470
Voya CLO, Ltd., Series 2015-3A, Class DR, 6.454%, (3 mo. USD LIBOR + 6.20%), 10/20/31(1)(2)		2,000		1,874,282
Total Asset-Backed Securities (identified cost $28,089,969)			$	27,640,552
Collateralized Mortgage Obligations — 10.1%
Security	Principal Amount (000’s omitted)		Value
Federal Home Loan Mortgage Corp.:
Series 2113, Class QG, 6.00%, 1/15/29	$	233	$	248,101
Series 2167, Class BZ, 7.00%, 6/15/29		206		221,203

1

Security	Principal Amount (000’s omitted)		Value
Series 2182, Class ZB, 8.00%, 9/15/29	$	359	$	391,362
Series 4273, Class PU, 4.00%, 11/15/43		420		439,920
Series 4452, Class ZJ, 3.00%, 11/15/44		551		551,744
Series 4608, Class TV, 3.50%, 1/15/55		237		238,802
Series 5035, Class AZ, 2.00%, 11/25/50		567		556,054
Interest Only:(3)
Series 362, Class C7, 3.50%, 9/15/47		1,324		181,193
Series 2631, Class DS, 6.994%, (7.10% - 1 mo. USD LIBOR), 6/15/33(4)		361		34,326
Series 2770, Class SH, 6.994%, (7.10% - 1 mo. USD LIBOR), 3/15/34(4)		699		147,190
Series 2981, Class CS, 6.614%, (6.72% - 1 mo. USD LIBOR), 5/15/35(4)		395		63,046
Series 3114, Class TS, 6.544%, (6.65% - 1 mo. USD LIBOR), 9/15/30(4)		820		94,046
Series 3339, Class JI, 6.484%, (6.59% - 1 mo. USD LIBOR), 7/15/37(4)		1,239		228,788
Series 4109, Class ES, 6.044%, (6.15% - 1 mo. USD LIBOR), 12/15/41(4)		31		6,610
Series 4163, Class GS, 6.094%, (6.20% - 1 mo. USD LIBOR), 11/15/32(4)		1,780		325,722
Series 4169, Class AS, 6.144%, (6.25% - 1 mo. USD LIBOR), 2/15/33(4)		1,030		148,872
Series 4180, Class GI, 3.50%, 8/15/26		310		6,818
Series 4203, Class QS, 6.144%, (6.25% - 1 mo. USD LIBOR), 5/15/43(4)		882		118,406
Series 4332, Class KI, 4.00%, 9/15/43		85		767
Series 4370, Class IO, 3.50%, 9/15/41		198		4,286
Series 4497, Class CS, 6.094%, (6.20% - 1 mo. USD LIBOR), 9/15/44(4)		394		10,273
Series 4507, Class EI, 4.00%, 8/15/44		1,199		133,487
Series 4548, Class JS, 5.994%, (6.10% - 1 mo. USD LIBOR), 9/15/43(4)		201		1,551
Series 4629, Class QI, 3.50%, 11/15/46		799		110,729
Series 4644, Class TI, 3.50%, 1/15/45		657		60,506
Series 4653, Class PI, 3.50%, 7/15/44		26		1
Series 4667, Class PI, 3.50%, 5/15/42		388		4,126
Series 4676, Class DI, 4.00%, 7/15/44		125		197
Series 4744, Class IO, 4.00%, 11/15/47		689		100,580
Series 4749, Class IL, 4.00%, 12/15/47		530		77,535
Series 4767, Class IM, 4.00%, 5/15/45		130		476
Series 4768, Class IO, 4.00%, 3/15/48		635		90,343
Series 4772, Class PI, 4.00%, 1/15/48		460		65,436
Series 4966, Class SY, 5.942%, (6.05% - 1 mo. USD LIBOR), 4/25/50(4)		2,270		413,576
Principal Only:(5)
Series 3309, Class DO, 0.00%, 4/15/37		565		495,397
Series 4478, Class PO, 0.00%, 5/15/45		260		229,015
			$	5,800,484
Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes, Series 2020-DNA4, Class M2, 3.858%, (1 mo. USD LIBOR + 3.75%), 8/25/50(1)(2)	$	646	$	649,642
			$	649,642
Federal National Mortgage Association:
Series 1994-42, Class K, 6.50%, 4/25/24	$	42	$	43,925
Series 1997-38, Class N, 8.00%, 5/20/27		121		132,396
Series 2007-74, Class AC, 5.00%, 8/25/37		640		698,089
Series 2011-49, Class NT, 6.00%, (66.00% - 1 mo. USD LIBOR x 10.00, Cap 6.00%), 6/25/41(4)		182		196,751
Series 2012-134, Class ZT, 2.00%, 12/25/42		575		540,662
Series 2013-6, Class TA, 1.50%, 1/25/43		411		417,252
Series 2015-74, Class SL, 2.286%, (2.349% - 1 mo. USD LIBOR x 0.587), 10/25/45(4)		867		640,157

2

		��
Security	Principal Amount (000’s omitted)		Value
Series 2017-15, Class LE, 3.00%, 6/25/46	$	129	$	131,493
Series 2018-18, Class QD, 4.50%, 5/25/45		67		67,309
Interest Only:(3)
Series 2004-46, Class SI, 5.892%, (6.00% - 1 mo. USD LIBOR), 5/25/34(4)		510		64,278
Series 2005-17, Class SA, 6.592%, (6.70% - 1 mo. USD LIBOR), 3/25/35(4)		641		122,897
Series 2006-42, Class PI, 6.482%, (6.59% - 1 mo. USD LIBOR), 6/25/36(4)		916		171,474
Series 2006-44, Class IS, 6.492%, (6.60% - 1 mo. USD LIBOR), 6/25/36(4)		748		144,005
Series 2007-50, Class LS, 6.342%, (6.45% - 1 mo. USD LIBOR), 6/25/37(4)		535		89,800
Series 2008-26, Class SA, 6.092%, (6.20% - 1 mo. USD LIBOR), 4/25/38(4)		791		149,229
Series 2008-61, Class S, 5.992%, (6.10% - 1 mo. USD LIBOR), 7/25/38(4)		1,297		190,460
Series 2010-109, Class PS, 6.492%, (6.60% - 1 mo. USD LIBOR), 10/25/40(4)		1,288		236,429
Series 2010-147, Class KS, 5.842%, (5.95% - 1 mo. USD LIBOR), 1/25/41(4)		1,739		222,321
Series 2012-52, Class AI, 3.50%, 8/25/26		339		12,922
Series 2012-118, Class IN, 3.50%, 11/25/42		1,557		269,650
Series 2012-150, Class PS, 6.042%, (6.15% - 1 mo. USD LIBOR), 1/25/43(4)		2,126		375,968
Series 2012-150, Class SK, 6.042%, (6.15% - 1 mo. USD LIBOR), 1/25/43(4)		1,037		207,142
Series 2013-23, Class CS, 6.142%, (6.25% - 1 mo. USD LIBOR), 3/25/33(4)		1,030		149,685
Series 2013-54, Class HS, 6.192%, (6.30% - 1 mo. USD LIBOR), 10/25/41(4)		236		7,172
Series 2014-32, Class EI, 4.00%, 6/25/44		256		34,612
Series 2014-55, Class IN, 3.50%, 7/25/44		636		139,996
Series 2014-80, Class BI, 3.00%, 12/25/44		1,206		184,183
Series 2014-89, Class IO, 3.50%, 1/25/45		464		81,726
Series 2015-14, Class KI, 3.00%, 3/25/45		1,156		198,683
Series 2015-17, Class SA, 6.092%, (6.20% - 1 mo. USD LIBOR), 11/25/43(4)		31		155
Series 2015-52, Class MI, 3.50%, 7/25/45		605		125,613
Series 2015-57, Class IO, 3.00%, 8/25/45		2,888		502,282
Series 2015-93, Class BS, 6.042%, (6.15% - 1 mo. USD LIBOR), 8/25/45(4)		639		52,680
Series 2017-46, Class NI, 3.00%, 8/25/42		46		62
Series 2018-21, Class IO, 3.00%, 4/25/48		1,013		136,248
Series 2020-23, Class SP, 5.942%, (6.05% - 1 mo. USD LIBOR), 2/25/50(4)		1,899		359,592
Series 2020-45, Class IJ, 2.50%, 7/25/50		2,531		331,344
Principal Only:(5)
Series 2006-8, Class WQ, 0.00%, 3/25/36		531		456,779
			$	7,885,421
Government National Mortgage Association:
Series 2013-131, Class GS, 3.398%, (3.50% - 1 mo. USD LIBOR), 6/20/43(4)	$	87	$	42,601
Series 2021-160, Class NZ, 3.00%, 9/20/51		1,451		1,451,795
Interest Only:(3)
Series 2017-121, Class DS, 4.396%, (4.50% - 1 mo. USD LIBOR), 8/20/47(4)		1,209		113,727
Series 2020-146, Class IQ, 2.00%, 10/20/50		6,681		705,748
Series 2021-193, Class IU, 3.00%, 11/20/49		8,635		808,730
			$	3,122,601
Total Collateralized Mortgage Obligations (identified cost $27,996,612)			$	17,458,148

3

Commercial Mortgage-Backed Securities — 9.9%
Security	Principal Amount (000’s omitted)		Value
BAMLL Commercial Mortgage Securities Trust:
Series 2019-BPR, Class ENM, 3.719%, 11/5/32(1)(6)	$	795	$	739,920
Series 2019-BPR, Class FNM, 3.719%, 11/5/32(1)(6)		1,605		1,285,076
BBCMS Mortgage Trust, Series 2017-C1, Class D, 3.492%, 2/15/50(1)(6)		500		452,197
COMM Mortgage Trust, Series 2013-CR11, Class D, 5.119%, 8/10/50(1)(6)		2,858		2,845,000
Federal National Mortgage Association Multifamily Connecticut Avenue Securities Trust, Series 2020-01, Class M10, 3.858%, (1 mo. USD LIBOR + 3.75%), 3/25/50(1)(2)		1,000		997,004
JPMBB Commercial Mortgage Securities Trust:
Series 2014-C22, Class D, 4.553%, 9/15/47(1)(6)		1,850		1,476,276
Series 2014-C25, Class D, 3.941%, 11/15/47(1)(6)		360		290,504
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2011-C5, Class D, 5.733%, 8/15/46(1)(6)		195		194,505
Morgan Stanley Bank of America Merrill Lynch Trust:
Series 2016-C29, Class D, 3.00%, 5/15/49(1)(7)		1,000		861,324
Series 2016-C32, Class D, 3.396%, 12/15/49(1)(6)(7)		250		203,918
Morgan Stanley Capital I Trust, Series 2016-UBS12, Class D, 3.312%, 12/15/49(1)(7)		1,000		580,395
UBS Commercial Mortgage Trust, Series 2012-C1, Class D, 5.676%, 5/10/45(1)(6)		2,000		1,888,712
UBS-Barclays Commercial Mortgage Trust, Series 2013-C6, Class D, 4.299%, 4/10/46(1)(6)		1,000		897,133
VMC Finance, LLC, Series 2021-HT1, Class B, 4.603%, (1 mo. USD LIBOR + 4.50%), 1/18/37(1)(2)		1,000		1,002,046
Wells Fargo Commercial Mortgage Trust:
Series 2013-LC12, Class D, 4.305%, 7/15/46(1)(6)		2,000		1,240,000
Series 2015-C31, Class D, 3.852%, 11/15/48		922		847,565
Series 2016-C35, Class D, 3.142%, 7/15/48(1)		1,000		841,693
Series 2016-C36, Class D, 2.942%, 11/15/59(1)		500		378,138
Total Commercial Mortgage-Backed Securities (identified cost $17,423,135)			$	17,021,406
U.S. Government Agency Mortgage-Backed Securities — 25.8%
Security	Principal Amount (000’s omitted)		Value
Federal Home Loan Mortgage Corp.:
2.764%, (COF + 1.25%), 1/1/35(8)	$	500	$	513,520
4.50%, 7/1/48		138		145,869
6.00%, 3/1/29		572		629,895
6.15%, 7/20/27		127		135,925
6.50%, 7/1/32		453		502,569
7.00%, 4/1/36		538		612,445
7.50%, 11/17/24		82		82,516
9.00%, 3/1/31		5		5,554
			$	2,628,293
Federal National Mortgage Association:
1.682%, (6 mo. USD LIBOR + 1.54%), 9/1/37(8)	$	146	$	151,148
3.00%, 30-Year, TBA(9)		900		919,828
3.00%, 30-Year, TBA(9)		5,260		5,361,914
5.00%, with various maturities to 2040		811		892,516

4

Security	Principal Amount (000’s omitted)		Value
5.50%, with various maturities to 2033	$	652	$	716,195
6.00%, 11/1/23		124		128,622
6.331%, (COF + 2.00%, Floor 6.331%), 7/1/32(8)		133		148,790
6.50%, with various maturities to 2036		1,152		1,286,081
7.00%, with various maturities to 2037		514		576,735
10.00%, 8/1/31		8		8,148
			$	10,189,977
Government National Mortgage Association:
2.50%, 11/20/51	$	20	$	20,402
3.00%, with various maturities to 2052		25,719		26,385,366
3.00%, 30-Year, TBA(9)		4,400		4,504,584
4.50%, 10/15/47		242		269,880
7.50%, 8/15/25		79		83,043
8.00%, 3/15/34		437		481,442
9.50%, 7/15/25		1		968
			$	31,745,685
Total U.S. Government Agency Mortgage-Backed Securities (identified cost $44,399,798)			$	44,563,955
Common Stocks — 0.4%
Security	Shares		Value
Automotive — 0.0%(10)
Dayco Products, LLC(11)(12)		8,898	$	66,735
			$	66,735
Electronics/Electrical — 0.1%
Skillsoft Corp.(11)(12)		11,700	$	86,814
			$	86,814
Health Care — 0.0%(10)
Akorn Holding Company, LLC, Class A(11)(12)		6,053	$	56,999
			$	56,999
Nonferrous Metals/Minerals — 0.0%(10)
ACNR Holdings, Inc., Class A(11)(12)		587	$	27,002
			$	27,002
Oil and Gas — 0.1%
AFG Holdings, Inc.(11)(12)(13)		3,122	$	19,294
McDermott International, Ltd.(11)(12)		12,407		6,318
QuarterNorth Energy, Inc.(11)(12)		1,519		159,748
RDV Resources, Inc., Class A(11)(12)		4,228		12,684
			$	198,044
Radio and Television — 0.1%
Clear Channel Outdoor Holdings, Inc.(11)(12)		11,266	$	34,474
Cumulus Media, Inc., Class A(11)(12)		6,722		68,900
iHeartMedia, Inc., Class A(11)(12)		4,791		96,539
			$	199,913

5

Security	Shares		Value
Telecommunications — 0.1%
GEE Acquisition Holdings Corp.(11)(12)(13)		3,588	$	75,420
			$	75,420
Total Common Stocks (identified cost $870,749)			$	710,927
Corporate Bonds — 13.0%
Security	Principal Amount (000’s omitted)		Value
Aerospace and Defense — 0.1%
TransDigm, Inc., 6.25%, 3/15/26(1)	$	179	$	184,997
			$	184,997
Automotive — 0.5%
Clarios Global, L.P.:
6.25%, 5/15/26(1)	$	116	$	120,055
8.50%, 5/15/27(1)		642		672,138
			$	792,193
Building and Development — 0.4%
Builders FirstSource, Inc., 4.25%, 2/1/32(1)	$	500	$	490,305
Five Point Operating Co., L.P./Five Point Capital Corp., 7.875%, 11/15/25(1)		84		86,758
Greystar Real Estate Partners, LLC, 5.75%, 12/1/25(1)		187		190,304
			$	767,367
Business Equipment and Services — 1.0%
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC, 7.125%, 7/31/26(1)	$	460	$	473,303
Terminix Co., LLC (The), 7.45%, 8/15/27		1,000		1,233,445
			$	1,706,748
Cable and Satellite Television — 0.6%
CCO Holdings, LLC/CCO Holdings Capital Corp.:
4.75%, 3/1/30(1)	$	75	$	74,524
5.50%, 5/1/26(1)		500		512,375
CSC Holdings, LLC, 7.50%, 4/1/28(1)		500		517,810
			$	1,104,709
Conglomerates — 0.3%
Spectrum Brands, Inc., 5.00%, 10/1/29(1)	$	530	$	548,643
			$	548,643
Distribution & Wholesale — 0.0%(10)
Performance Food Group, Inc., 5.50%, 10/15/27(1)	$	69	$	70,701
			$	70,701
Drugs — 0.5%
Bausch Health Americas, Inc., 8.50%, 1/31/27(1)	$	63	$	63,796
Bausch Health Companies, Inc., 9.00%, 12/15/25(1)		255		266,740
Endo DAC/Endo Finance, LLC/Endo Finco, Inc., 5.875%, 10/15/24(1)		500		489,175
			$	819,711
Ecological Services and Equipment — 0.0%(10)
Waste Pro USA, Inc., 5.50%, 2/15/26(1)	$	25	$	24,289
			$	24,289

6

Security	Principal Amount (000’s omitted)		Value
Electronics/Electrical — 0.0%(10)
Sensata Technologies, Inc., 4.375%, 2/15/30(1)	$	45	$	45,049
			$	45,049
Financial Services — 0.6%
Vietnam Debt and Asset Trading Corp., 1.00%, 10/10/25(14)	$	1,060	$	969,131
			$	969,131
Food Products — 0.2%
JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 5.50%, 1/15/30(1)	$	315	$	334,585
			$	334,585
Health Care — 1.5%
Centene Corp., 3.00%, 10/15/30	$	624	$	606,462
HCA, Inc., 5.875%, 2/1/29		753		852,019
LifePoint Health, Inc., 5.375%, 1/15/29(1)		447		425,752
Molina Healthcare, Inc., 3.875%, 11/15/30(1)		296		292,411
Mozart Debt Merger Sub, Inc., 5.25%, 10/1/29(1)		500		487,158
			$	2,663,802
Insurance — 0.6%
Hub International, Ltd., 7.00%, 5/1/26(1)	$	948	$	974,283
			$	974,283
Internet Software & Services — 0.2%
Netflix, Inc., 5.875%, 11/15/28	$	230	$	266,839
			$	266,839
Leisure Goods/Activities/Movies — 0.3%
Viking Cruises, Ltd., 5.875%, 9/15/27(1)	$	540	$	494,141
			$	494,141
Lodging and Casinos — 0.0%(10)
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc., 5.75%, 2/1/27	$	44	$	48,704
			$	48,704
Media — 0.3%
Scripps Escrow, Inc., 5.875%, 7/15/27(1)	$	477	$	487,141
			$	487,141
Metals/Mining — 0.1%
Cleveland-Cliffs, Inc., 6.75%, 3/15/26(1)	$	112	$	117,546
			$	117,546
Nonferrous Metals/Minerals — 0.4%
First Quantum Minerals, Ltd., 7.25%, 4/1/23(1)	$	273	$	274,368
New Gold, Inc., 7.50%, 7/15/27(1)		400		420,598
			$	694,966
Oil and Gas — 2.0%
Archrock Partners L.P./Archrock Partners Finance Corp., 6.875%, 4/1/27(1)	$	250	$	256,773
Colgate Energy Partners III, LLC, 7.75%, 2/15/26(1)		750		807,724
Great Western Petroleum, LLC/Great Western Finance Corp., 12.00%, 9/1/25(1)		592		620,973
Occidental Petroleum Corp., 6.125%, 1/1/31		400		462,350
Petrobras Global Finance BV, 6.90%, 3/19/49		314		320,464

7

Security	Principal Amount (000’s omitted)		Value
Petroleos Mexicanos:
6.75%, 9/21/47	$	584	$	501,971
6.84%, 1/23/30		307		314,670
Tervita Corp., 11.00%, 12/1/25(1)		180		208,805
			$	3,493,730
Packaging & Containers — 0.2%
ARD Finance S.A., 6.50%, (6.50% cash or 7.25% PIK), 6/30/27(1)(15)	$	341	$	345,075
			$	345,075
Pipelines — 0.3%
Cheniere Energy Partners, L.P., 4.50%, 10/1/29	$	71	$	72,698
Venture Global Calcasieu Pass, LLC, 3.875%, 8/15/29(1)		420		420,000
			$	492,698
Radio and Television — 0.7%
Diamond Sports Group, LLC/Diamond Sports Finance Co., 5.375%, 8/15/26(1)	$	146	$	67,770
iHeartCommunications, Inc.:
6.375%, 5/1/26		27		28,104
8.375%, 5/1/27		49		51,430
Sirius XM Radio, Inc.:
4.125%, 7/1/30(1)		124		118,326
5.50%, 7/1/29(1)		500		519,650
Terrier Media Buyer, Inc., 8.875%, 12/15/27(1)		443		468,461
			$	1,253,741
Retailers (Except Food and Drug) — 0.2%
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 2/15/29(1)	$	250	$	268,651
			$	268,651
Software and Services — 0.1%
Fair Isaac Corp., 4.00%, 6/15/28(1)	$	250	$	248,053
			$	248,053
Steel — 0.4%
Infrabuild Australia Pty, Ltd., 12.00%, 10/1/24(1)	$	664	$	684,554
			$	684,554
Telecommunications — 1.1%
Altice France Holding S.A., 10.50%, 5/15/27(1)	$	269	$	285,841
Connect Finco S.a.r.l./Connect US Finco, LLC, 6.75%, 10/1/26(1)		200		207,542
Hughes Satellite Systems Corp., 6.625%, 8/1/26		470		507,010
Lumen Technologies, Inc., 7.50%, 4/1/24		66		70,602
Sprint Capital Corp., 6.875%, 11/15/28		191		227,486
Sprint Communications, Inc., 6.00%, 11/15/22		25		25,777
Sprint Corp., 7.875%, 9/15/23		533		576,277
ViaSat, Inc., 5.625%, 4/15/27(1)		62		63,153
			$	1,963,688
Utilities — 0.4%
Calpine Corp.:
4.50%, 2/15/28(1)	$	250	$	244,875
4.625%, 2/1/29(1)		250		237,109
5.25%, 6/1/26(1)		25		25,475

8

Security	Principal Amount (000’s omitted)		Value
TerraForm Power Operating, LLC:
4.25%, 1/31/23(1)	$	45	$	45,289
5.00%, 1/31/28(1)		70		71,017
			$	623,765
Total Corporate Bonds (identified cost $22,047,446)			$	22,489,500
Preferred Stocks — 0.0%(10)
Security	Shares		Value
Nonferrous Metals/Minerals — 0.0%(10)
ACNR Holdings, Inc., 15.00% (PIK)(11)(12)		277	$	77,560
Total Preferred Stocks (identified cost $0)			$	77,560
Senior Floating-Rate Loans — 41.0%(16)
Borrower/Description	Principal Amount* (000’s omitted)		Value
Aerospace and Defense — 0.1%
AI Convoy (Luxembourg) S.a.r.l., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), 1/18/27		98	$	98,288
Dynasty Acquisition Co., Inc.:
Term Loan, 3.724%, (3 mo. USD LIBOR + 3.50%), 4/6/26		43		41,874
Term Loan, 3.724%, (3 mo. USD LIBOR + 3.50%), 4/6/26		80		77,886
			$	218,048
Air Transport — 0.4%
Brown Group Holding, LLC, Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 6/7/28		188	$	187,190
Mileage Plus Holdings, LLC, Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), 6/21/27		125		132,078
SkyMiles IP, Ltd., Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 10/20/27		300		317,250
			$	636,518
Automotive — 1.7%
Adient US, LLC, Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 4/10/28		124	$	124,517
Autokiniton US Holdings, Inc., Term Loan, 5.00%, (6 mo. USD LIBOR + 4.50%, Floor 0.50%), 4/6/28		174		174,582
Belron Finance US, LLC, Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), 4/13/28		124		124,205
Clarios Global, L.P., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 4/30/26		465		463,470
Dayco Products, LLC, Term Loan, 4.425%, (3 mo. USD LIBOR + 4.25%), 5/19/23		167		164,757
Garrett LX I S.a.r.l., Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 4/30/28		100		99,501
Gates Global, LLC, Term Loan, 3.25%, (1 mo. USD LIBOR + 2.50%, Floor 0.75%), 3/31/27		293		292,253
Les Schwab Tire Centers, Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), 11/2/27		396		396,062
MajorDrive Holdings IV, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 5/12/28		75		74,672

9

Borrower/Description	Principal Amount* (000’s omitted)		Value
Tenneco, Inc., Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 10/1/25		509	$	504,210
Thor Industries, Inc., Term Loan, 3.125%, (1 mo. USD LIBOR + 3.00%), 2/1/26		142		141,977
TI Group Automotive Systems, LLC, Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 12/16/26		99		99,250
Truck Hero, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 1/31/28		199		198,277
Wheel Pros, LLC, Term Loan, 5.25%, (1 mo. USD LIBOR + 4.50%, Floor 0.75%), 5/11/28		150		149,718
			$	3,007,451
Beverage and Tobacco — 0.1%
Arterra Wines Canada, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 11/24/27		149	$	148,222
City Brewing Company, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 4/5/28		125		119,544
			$	267,766
Brokerage/Securities Dealers/Investment Houses — 0.3%
Advisor Group, Inc., Term Loan, 4.605%, (1 mo. USD LIBOR + 4.50%), 7/31/26		172	$	171,488
Hudson River Trading, LLC, Term Loan, 3.171%, (SOFR + 3.114%), 3/20/28		348		343,838
			$	515,326
Building and Development — 1.7%
Aegion Corporation, Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 5/17/28		75	$	75,257
American Residential Services, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 10/15/27		99		99,124
Beacon Roofing Supply, Inc., Term Loan, 2.355%, (1 mo. USD LIBOR + 2.25%), 5/19/28		149		148,712
Brookfield Property REIT, Inc., Term Loan, 2.605%, (1 mo. USD LIBOR + 2.50%), 8/27/25		139		137,871
CP Atlas Buyer, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 11/23/27		224		223,080
CPG International, Inc., Term Loan, 3.25%, (3 mo. USD LIBOR + 2.50%, Floor 0.75%), 5/5/24		221		221,106
Cushman & Wakefield U.S. Borrower, LLC, Term Loan, 2.855%, (1 mo. USD LIBOR + 2.75%), 8/21/25		776		775,274
DiversiTech Holdings, Inc.:
Term Loan, 0.00%, 12/16/28(17)		21		21,616
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 12/16/28		104		103,701
Foundation Building Materials Holding Company, LLC, Term Loan, 3.75%, (USD LIBOR + 3.25%, Floor 0.50%), 2/3/28(18)		174		173,114
Northstar Group Services, Inc., Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), 11/12/26		195		195,593
Park River Holdings, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), 12/28/27		99		98,877
SRS Distribution, Inc., Term Loan, 4.269%, (USD LIBOR + 3.75%), 6/2/28(18)		149		149,237
Standard Industries, Inc., Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 9/22/28		160		160,382
White Cap Buyer, LLC, Term Loan, 6.25%, (USD Prime + 3.00%), 10/19/27		321		321,364
			$	2,904,308
Business Equipment and Services — 4.2%
AlixPartners, LLP, Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 2/4/28		223	$	222,894
Allied Universal Holdco, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 5/12/28		468		467,393

10

Borrower/Description	Principal Amount* (000’s omitted)		Value
AppLovin Corporation:
Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 8/15/25		414	$	413,536
Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 10/25/28		200		199,251
Bracket Intermediate Holding Corp., Term Loan, 4.466%, (3 mo. USD LIBOR + 4.25%), 9/5/25		121		120,862
Camelot U.S. Acquisition 1 Co.:
Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 10/30/26		270		268,995
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), 10/30/26		173		173,087
Ceridian HCM Holding, Inc., Term Loan, 2.605%, (1 mo. USD LIBOR + 2.50%), 4/30/25		218		215,402
Deerfield Dakota Holding, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 4/9/27		320		321,411
Employbridge, LLC, Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 7/14/28		224		224,237
Endure Digital, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 2/10/28		448		444,448
Garda World Security Corporation, Term Loan, 4.36%, (1 mo. USD LIBOR + 4.25%), 10/30/26		170		170,839
Grab Holdings, Inc., Term Loan, 5.50%, (6 mo. USD LIBOR + 4.50%, Floor 1.00%), 1/29/26		347		348,316
Greeneden U.S. Holdings II, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 12/1/27		124		123,905
Indy US Bidco, LLC, Term Loan, 3.855%, (1 mo. USD LIBOR + 3.75%), 3/5/28		99		99,313
Intrado Corporation, Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), 10/10/24		151		141,386
IRI Holdings, Inc., Term Loan, 4.355%, (1 mo. USD LIBOR + 4.25%), 12/1/25		218		218,864
Iron Mountain, Inc., Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 1/2/26		120		118,758
Ivanti Software, Inc.:
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 12/1/27		99		98,654
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.25%, Floor 0.75%), 12/1/27		398		396,756
KAR Auction Services, Inc., Term Loan, 2.375%, (1 mo. USD LIBOR + 2.25%), 9/19/26		98		96,650
KUEHG Corp.:
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 2/21/25		307		303,054
Term Loan - Second Lien, 9.25%, (3 mo. USD LIBOR + 8.25%, Floor 1.00%), 8/22/25		50		49,962
Magnite, Inc., Term Loan, 5.75%, (6 mo. USD LIBOR + 5.00%, Floor 0.75%), 4/28/28		100		99,749
MedAssets Software Intermediate Holdings, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 4.00%, Floor 0.50%), 12/18/28		125		124,818
Monitronics International, Inc., Term Loan, 8.75%, (3 mo. USD LIBOR + 7.50%, Floor 1.25%), 3/29/24		197		167,287
Packaging Coordinators Midco, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 11/30/27		224		223,865
Skopima Merger Sub, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 4.00%, Floor 0.50%), 5/12/28		224		224,320
Spin Holdco, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 3/4/28		596		596,105
Techem Verwaltungsgesellschaft 675 mbH, Term Loan, 2.375%, (6 mo. EURIBOR + 2.375%), 7/15/25	EUR	111		123,067
Tempo Acquisition, LLC, Term Loan, 3.50%, (SOFR + 3.00%, Floor 0.50%), 8/31/28		126		126,558
Trans Union, LLC, Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 12/1/28		261		260,578
			$	7,184,320

11

Borrower/Description	Principal Amount* (000’s omitted)		Value
Cable and Satellite Television — 1.4%
CSC Holdings, LLC:
Term Loan, 2.356%, (1 mo. USD LIBOR + 2.25%), 7/17/25		438	$	431,766
Term Loan, 2.356%, (1 mo. USD LIBOR + 2.25%), 1/15/26		146		143,512
Term Loan, 2.606%, (1 mo. USD LIBOR + 2.50%), 4/15/27		194		191,874
Numericable Group S.A., Term Loan, 3.049%, (3 mo. USD LIBOR + 2.75%), 7/31/25		310		306,225
Telenet Financing USD, LLC, Term Loan, 2.106%, (1 mo. USD LIBOR + 2.00%), 4/30/28		575		566,869
UPC Broadband Holding B.V., Term Loan, 2.356%, (1 mo. USD LIBOR + 2.25%), 4/30/28		125		123,549
UPC Financing Partnership, Term Loan, 3.106%, (1 mo. USD LIBOR + 3.00%), 1/31/29		450		447,947
Virgin Media Bristol, LLC, Term Loan, 3.356%, (1 mo. USD LIBOR + 3.25%), 1/31/29		175		174,906
			$	2,386,648
Chemicals and Plastics — 1.7%
Aruba Investments, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), 11/24/27		99	$	99,499
Atotech B.V., Term Loan, 3.00%, (1 mo. USD LIBOR + 2.50%, Floor 0.50%), 3/18/28		149		149,157
CPC Acquisition Corp., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 12/29/27		124		122,977
Ferro Corporation:
Term Loan, 2.47%, (3 mo. USD LIBOR + 2.25%), 2/14/24		12		12,314
Term Loan, 2.47%, (3 mo. USD LIBOR + 2.25%), 2/14/24		13		12,582
Gemini HDPE, LLC, Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 12/31/27		120		119,651
Hexion, Inc., Term Loan, 3.72%, (3 mo. USD LIBOR + 3.50%), 7/1/26		122		122,180
Illuminate Buyer, LLC, Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 6/30/27		118		117,665
INEOS Enterprises Holdings II Limited, Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 8/31/26	EUR	25		28,057
INEOS Styrolution US Holding, LLC, Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 1/29/26		398		397,751
INEOS US Finance, LLC, Term Loan, 2.105%, (1 mo. USD LIBOR + 2.00%), 4/1/24		504		502,236
Lonza Group AG:
Term Loan, 4.75%, (6 mo. USD LIBOR + 4.00%, Floor 0.75%), 7/3/28		199		199,097
Term Loan, 7/3/28(19)		75		75,036
LSF11 Skyscraper Holdco S.a.r.l., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 9/29/27		124		124,220
Pregis TopCo Corporation, Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 7/31/26		98		97,985
Pretium PKG Holdings, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 10/2/28		100		100,116
Starfruit Finco B.V., Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 10/1/25		280		278,734
Tronox Finance, LLC, Term Loan, 2.454%, (USD LIBOR + 2.25%), 3/13/28(18)		208		207,150
W.R. Grace & Co. Conn., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 9/22/28		150		150,356
			$	2,916,763
Containers and Glass Products — 0.7%
Berlin Packaging, LLC, Term Loan, 4.25%, (USD LIBOR + 3.75%, Floor 0.50%), 3/11/28(18)		175	$	174,563

12

Borrower/Description	Principal Amount* (000’s omitted)		Value
BWAY Holding Company, Term Loan, 3.354%, (1 mo. USD LIBOR + 3.25%), 4/3/24		230	$	227,836
Flex Acquisition Company, Inc., Term Loan, 3.214%, (3 mo. USD LIBOR + 3.00%), 6/29/25		216		214,807
Reynolds Group Holdings, Inc.:
Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 2/5/26		223		221,497
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 9/20/28		150		149,583
TricorBraun Holdings, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 3/3/28		125		123,959
Trident TPI Holdings, Inc.:
Term Loan, 4.201%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 9/15/28(17)		16		15,558
Term Loan, 4.50%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 9/15/28		109		109,520
			$	1,237,323
Cosmetics/Toiletries — 0.1%
Kronos Acquisition Holdings, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 12/22/26		198	$	192,484
			$	192,484
Drugs — 1.5%
Akorn, Inc., Term Loan, 8.50%, (3 mo. USD LIBOR + 7.50%, Floor 1.00%), 10/1/25		52	$	52,578
Alkermes, Inc., Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 3/12/26		69		67,902
Amneal Pharmaceuticals, LLC, Term Loan, 3.625%, (1 mo. USD LIBOR + 3.50%), 5/4/25		504		499,877
Bausch Health Companies, Inc., Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 6/2/25		539		538,651
Catalent Pharma Solutions, Inc., Term Loan, 2.50%, (1 mo. USD LIBOR + 2.00%, Floor 0.50%), 2/22/28		147		146,942
Elanco Animal Health Incorporated, Term Loan, 1.852%, (1 mo. USD LIBOR + 1.75%), 8/1/27		284		280,380
Jazz Financing Lux S.a.r.l., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 5/5/28		249		249,096
Mallinckrodt International Finance S.A.:
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.25%, Floor 0.75%), 9/24/24		644		605,173
Term Loan, 6.25%, (3 mo. USD LIBOR + 5.50%, Floor 0.75%), 2/24/25		215		201,645
			$	2,642,244
Ecological Services and Equipment — 0.3%
EnergySolutions, LLC, Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 5/9/25		160	$	160,362
GFL Environmental, Inc., Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 5/30/25		198		198,853
TruGreen Limited Partnership, Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 11/2/27		99		99,334
			$	458,549
Electronics/Electrical — 8.7%
Altar Bidco, Inc., Term Loan, 2/1/29(19)		175	$	175,000
Applied Systems, Inc.:
Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 9/19/24		687		686,608
Term Loan - Second Lien, 6.25%, (3 mo. USD LIBOR + 5.50%, Floor 0.75%), 9/19/25		74		74,988
AQA Acquisition Holding, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.25%, Floor 0.50%), 3/3/28		124		124,790
Astra Acquisition Corp.:
Term Loan, 5.75%, (1 mo. USD LIBOR + 5.25%, Floor 0.50%), 10/25/28		250		247,656
Term Loan - Second Lien, 9.625%, (1 mo. USD LIBOR + 8.875%, Floor 0.75%), 10/22/29		250		249,375

13

Borrower/Description	Principal Amount* (000’s omitted)			Value
Banff Merger Sub, Inc.:
Term Loan, 3.974%, (3 mo. USD LIBOR + 3.75%), 10/2/25		349		$	347,602
Term Loan - Second Lien, 6.00%, (3 mo. USD LIBOR + 5.50%, Floor 0.50%), 2/27/26		125			126,055
CentralSquare Technologies, LLC, Term Loan, 3.974%, (3 mo. USD LIBOR + 3.75%), 8/29/25		121			116,075
Chamberlain Group, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 11/3/28		225			224,859
Cloudera, Inc., Term Loan, 4.25%, (1 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/8/28		400			398,750
Cohu, Inc., Term Loan, 3.519%, (6 mo. USD LIBOR + 3.00%), 10/1/25		30			30,402
CommScope, Inc., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 4/6/26		269			264,612
Constant Contact, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 2/10/28		274			273,659
Cornerstone OnDemand, Inc., Term Loan, 4.25%, (6 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/16/28		200			199,938
Creation Technologies, Inc., Term Loan, 6.00%, (3 mo. USD LIBOR + 5.50%, Floor 0.50%), 10/5/28		150			150,187
Delta TopCo, Inc.:
Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), 12/1/27		223			223,452
Term Loan - Second Lien, 8.00%, (6 mo. USD LIBOR + 7.25%, Floor 0.75%), 12/1/28		300			303,000
E2open, LLC, Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 2/4/28		124			124,861
ECI Macola Max Holding, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 11/9/27		198			198,537
Electro Rent Corporation, Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 1/31/24		263			263,006
Epicor Software Corporation, Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 7/30/27		98			98,001
EXC Holdings III Corp., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 12/2/24		97			97,113
Finastra USA, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), 6/13/24		386			385,299
Gainwell Acquisition Corp., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 10/1/27		843			845,714
Go Daddy Operating Company, LLC, Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 2/15/24		589			585,680
GoTo Group, Inc., Term Loan, 4.856%, (1 mo. USD LIBOR + 4.75%), 8/31/27		272			270,548
Hyland Software, Inc., Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 7/1/24		514			514,060
II-VI Incorporated, Term Loan, 12/1/28(19)		150			150,047
Imperva, Inc., Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), 1/12/26		99			98,814
Imprivata, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 12/1/27		174			173,687
Informatica, LLC, Term Loan, 2.875%, (1 mo. USD LIBOR + 2.75%), 10/27/28		375			374,219
MA FinanceCo., LLC, Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), 6/5/25		265			265,018
Magenta Buyer, LLC:
Term Loan, 5.75%, (3 mo. USD LIBOR + 5.00%, Floor 0.75%), 7/27/28		599			598,500
Term Loan - Second Lien, 9.00%, (3 mo. USD LIBOR + 8.25%, Floor 0.75%), 7/27/29		150			149,250
Maverick Bidco, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 5/18/28		125	��		124,921
Mirion Technologies, Inc., Term Loan, 3.25%, (6 mo. USD LIBOR + 2.75%, Floor 0.50%), 10/20/28		100			99,463
NCR Corporation, Term Loan, 2.80%, (3 mo. USD LIBOR + 2.50%), 8/28/26		147			145,250
Panther Commercial Holdings L.P., Term Loan, 5.00%, (3 mo. USD LIBOR + 4.50%, Floor 0.50%), 1/7/28		124			124,681
PointClickCare Technologies, Inc., Term Loan, 3.75%, (6 mo. USD LIBOR + 3.00%, Floor 0.75%), 12/29/27		99			99,374

14

Borrower/Description	Principal Amount* (000’s omitted)		Value
Polaris Newco, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 6/2/28		374	$	374,424
Proofpoint, Inc., Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 8/31/28		375		373,307
Rackspace Technology Global, Inc., Term Loan, 3.50%, (3 mo. USD LIBOR + 2.75%, Floor 0.75%), 2/15/28		223		221,376
RealPage, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 4/24/28		399		397,365
Renaissance Holding Corp., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 5/30/25		268		266,287
Seattle Spinco, Inc., Term Loan, 2.855%, (1 mo. USD LIBOR + 2.75%), 6/21/24		112		111,515
SolarWinds Holdings, Inc., Term Loan, 2.855%, (1 mo. USD LIBOR + 2.75%), 2/5/24		168		166,375
Sovos Compliance, LLC:
Term Loan, 4.50%, 8/11/28(17)		15		14,821
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.50%, Floor 0.50%), 8/11/28		85		85,822
SS&C European Holdings S.a.r.l., Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 4/16/25		130		128,389
SS&C Technologies, Inc., Term Loan, 1.856%, (1 mo. USD LIBOR + 1.75%), 4/16/25		160		158,109
SurveyMonkey, Inc., Term Loan, 3.86%, (1 mo. USD LIBOR + 3.75%), 10/10/25		213		212,185
Symplr Software, Inc., Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), 12/22/27		124		124,463
Tibco Software, Inc., Term Loan, 3.86%, (1 mo. USD LIBOR + 3.75%), 6/30/26		193		193,234
Uber Technologies, Inc.:
Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 4/4/25		118		117,850
Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 2/25/27		159		159,103
Ultimate Software Group, Inc. (The):
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 5/4/26		619		617,988
Term Loan, 3.855%, (1 mo. USD LIBOR + 3.75%), 5/4/26		244		244,299
Ultra Clean Holdings, Inc., Term Loan, 3.855%, (1 mo. USD LIBOR + 3.75%), 8/27/25		175		174,963
Valkyr Purchaser, LLC, Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 11/5/27		124		124,450
Verifone Systems, Inc., Term Loan, 4.178%, (3 mo. USD LIBOR + 4.00%), 8/20/25		170		168,299
Veritas US, Inc., Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 9/1/25		395		395,504
VS Buyer, LLC, Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 2/28/27		172		171,615
			$	15,004,794
Equipment Leasing — 0.1%
PECF USS Intermediate Holding III Corporation, Term Loan, 4.75%, (1 mo. USD LIBOR + 4.25%, Floor 0.50%), 12/15/28		100	$	100,229
			$	100,229
Financial Intermediaries — 1.6%
Aretec Group, Inc., Term Loan, 4.355%, (1 mo. USD LIBOR + 4.25%), 10/1/25		194	$	194,158
Citco Funding, LLC, Term Loan, 2.658%, (3 mo. USD LIBOR + 2.50%), 9/28/23		632		631,182
CoreLogic, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 6/2/28		798		795,173
Ditech Holding Corporation, Term Loan, 0.00%, 6/30/22(20)		315		64,571
EIG Management Company, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 2/22/25		48		48,065
FinCo I, LLC, Term Loan, 2.605%, (1 mo. USD LIBOR + 2.50%), 6/27/25		132		131,226
Franklin Square Holdings, L.P., Term Loan, 2.375%, (1 mo. USD LIBOR + 2.25%), 8/1/25		73		72,472
Greenhill & Co., Inc., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 4/12/24		109		108,818
GreenSky Holdings, LLC, Term Loan, 3.375%, (1 mo. USD LIBOR + 3.25%), 3/31/25		193		192,620
Guggenheim Partners, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 2.75%, Floor 0.75%), 7/21/23		182		182,002
LPL Holdings, Inc., Term Loan, 1.854%, (1 mo. USD LIBOR + 1.75%), 11/12/26		196		195,857
Victory Capital Holdings, Inc., Term Loan, 2.466%, (3 mo. USD LIBOR + 2.25%), 7/1/26		125		123,872
			$	2,740,016

15

Borrower/Description	Principal Amount* (000’s omitted)		Value
Food Products — 0.7%
Froneri International, Ltd., Term Loan, 2.355%, (1 mo. USD LIBOR + 2.25%), 1/29/27		296	$	292,046
H Food Holdings, LLC:
Term Loan, 3.793%, (1 mo. USD LIBOR + 3.69%), 5/23/25		97		96,017
Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 5/23/25		49		48,355
HLF Financing S.a.r.l., Term Loan, 2.605%, (1 mo. USD LIBOR + 2.50%), 8/18/25		133		132,859
JBS USA LUX S.A., Term Loan, 2.105%, (1 mo. USD LIBOR + 2.00%), 5/1/26		681		679,899
			$	1,249,176
Food Service — 1.1%
1011778 B.C. Unlimited Liability Company, Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 11/19/26		858	$	846,781
Aramark Services, Inc., Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 3/11/25		140		138,267
IRB Holding Corp.:
Term Loan, 3.75%, (6 mo. USD LIBOR + 2.75%, Floor 1.00%), 2/5/25		265		265,118
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), 12/15/27		248		247,500
Sovos Brands Intermediate, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 6/8/28		83		83,130
US Foods, Inc., Term Loan, 2.105%, (1 mo. USD LIBOR + 2.00%), 9/13/26		244		242,084
			$	1,822,880
Forest Products — 0.1%
Journey Personal Care Corp., Term Loan, 5.00%, (3 mo. USD LIBOR + 4.25%, Floor 0.75%), 3/1/28		174	$	173,907
			$	173,907
Health Care — 3.4%
Accelerated Health Systems, LLC, Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 10/31/25		73	$	72,659
ADMI Corp., Term Loan, 2.855%, (1 mo. USD LIBOR + 2.75%), 4/30/25		241		238,751
AEA International Holdings (Lux) S.a.r.l., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 9/7/28		150		150,188
athenahealth, Inc., Term Loan, 4.40%, (3 mo. USD LIBOR + 4.25%), 2/11/26		294		293,750
Bayou Intermediate II, LLC, Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), 8/2/28		125		125,156
BW NHHC Holdco, Inc., Term Loan, 5.16%, (3 mo. USD LIBOR + 5.00%), 5/15/25		145		123,098
Cano Health, LLC, Term Loan, 4.50%, (SOFR + 4.00%, Floor 0.50%), 11/23/27		77		77,011
Change Healthcare Holdings, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), 3/1/24		763		763,426
CHG Healthcare Services, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 9/29/28		150		150,018
Electron BidCo, Inc., Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 11/1/28		125		124,971
Ensemble RCM, LLC, Term Loan, 4.049%, (3 mo. USD LIBOR + 3.75%), 8/3/26		197		197,416
Envision Healthcare Corporation, Term Loan, 3.855%, (1 mo. USD LIBOR + 3.75%), 10/10/25		657		510,826
Hanger, Inc., Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 3/6/25		144		144,285
Medical Solutions, LLC:
Term Loan, 3.50%, 11/1/28(17)		32		32,009
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.50%, Floor 0.50%), 11/1/28		168		168,045
National Mentor Holdings, Inc.:
Term Loan, 3.75%, 3/2/28(17)		14		13,838

16

Borrower/Description	Principal Amount* (000’s omitted)		Value
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/2/28		9	$	9,388
Term Loan, 4.50%, (USD LIBOR + 3.75%, Floor 0.75%), 3/2/28(18)		324		321,379
Navicure, Inc., Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 10/22/26		246		246,461
Ortho-Clinical Diagnostics S.A., Term Loan, 3.102%, (1 mo. USD LIBOR + 3.00%), 6/30/25		294		293,760
Phoenix Guarantor, Inc., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 3/5/26		268		267,051
Project Ruby Ultimate Parent Corp., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 3/3/28		174		173,408
Radnet Management, Inc., Term Loan, 3.754%, (USD LIBOR + 3.00%, Floor 0.75%), 4/21/28(18)		149		149,204
Select Medical Corporation, Term Loan, 2.36%, (1 mo. USD LIBOR + 2.25%), 3/6/25		374		371,871
Sotera Health Holdings, LLC, Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), 12/11/26		100		99,860
Sunshine Luxembourg VII S.a.r.l., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 10/1/26		149		149,659
Surgery Center Holdings, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 8/31/26		218		218,170
Verscend Holding Corp., Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 8/27/25		318		318,174
WP CityMD Bidco, LLC, Term Loan, 3.75%, (6 mo. USD LIBOR + 3.25%, Floor 0.50%), 12/22/28		100		100,027
			$	5,903,859
Home Furnishings — 0.8%
ACProducts, Inc., Term Loan, 4.75%, (6 mo. USD LIBOR + 4.25%, Floor 0.50%), 5/17/28		274	$	272,556
Conair Holdings, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 5/17/28		224		224,601
Mattress Firm, Inc., Term Loan, 5.00%, (6 mo. USD LIBOR + 4.25%, Floor 0.75%), 9/25/28		175		174,606
Serta Simmons Bedding, LLC:
Term Loan, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), 8/10/23		170		172,246
Term Loan - Second Lien, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), 8/10/23		564		540,796
			$	1,384,805
Industrial Equipment — 1.6%
Albion Financing 3 S.a.r.l., Term Loan, 5.75%, (3 mo. USD LIBOR + 5.25%, Floor 0.50%), 8/17/26		225	$	224,930
Alliance Laundry Systems, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 10/8/27		171		171,681
Apex Tool Group, LLC, Term Loan, 6.75%, (1 mo. USD LIBOR + 5.50%, Floor 1.25%), 8/1/24		338		337,662
CPM Holdings, Inc., Term Loan, 3.606%, (1 mo. USD LIBOR + 3.50%), 11/17/25		48		48,373
DexKo Global, Inc.:
Term Loan, 3.878%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/4/28(17)		20		20,006
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/4/28		105		105,033
DXP Enterprises, Inc., Term Loan, 5.75%, (1 mo. USD LIBOR + 4.75%, Floor 1.00%), 12/16/27		99		98,845
Filtration Group Corporation:
Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 3/29/25		231		230,831
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 10/21/28		100		99,802
Gardner Denver, Inc., Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 3/1/27		166		165,048

17

Borrower/Description	Principal Amount* (000’s omitted)		Value
GrafTech Finance, Inc., Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 2/12/25		95	$	94,927
Granite Holdings US Acquisition Co., Term Loan, 4.224%, (3 mo. USD LIBOR + 4.00%), 9/30/26		198		198,051
Ingersoll-Rand Services Company, Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 3/1/27		197		194,959
LTI Holdings, Inc., Term Loan, 4.855%, (1 mo. USD LIBOR + 4.75%), 7/24/26		24		24,376
Robertshaw US Holding Corp., Term Loan, 4.50%, (USD LIBOR + 3.50%, Floor 1.00%), 2/28/25(18)		144		136,579
Titan Acquisition Limited, Term Loan, 3.354%, (6 mo. USD LIBOR + 3.00%), 3/28/25		409		404,119
Vertical US Newco, Inc., Term Loan, 4.00%, (6 mo. USD LIBOR + 3.50%, Floor 0.50%), 7/30/27		198		197,795
			$	2,753,017
Insurance — 2.0%
Alliant Holdings Intermediate, LLC:
Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 5/9/25		73	$	72,588
Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 5/9/25		238		235,714
AmWINS Group, Inc., Term Loan, 3.00%, (1 mo. USD LIBOR + 2.25%, Floor 0.75%), 2/19/28		619		614,788
AssuredPartners, Inc., Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 2/12/27		25		24,381
Asurion, LLC:
Term Loan, 3.23%, (1 mo. USD LIBOR + 3.13%), 11/3/23		222		222,044
Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 12/23/26		495		492,348
Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 7/31/27		40		39,489
Term Loan - Second Lien, 5.355%, (1 mo. USD LIBOR + 5.25%), 1/31/28		50		50,125
Hub International Limited, Term Loan, 3.017%, (USD LIBOR + 2.75%), 4/25/25(18)		700		693,941
NFP Corp., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 2/15/27		49		48,076
Ryan Specialty Group, LLC, Term Loan, 3.75%, (1 mo. USD LIBOR + 3.00%, Floor 0.75%), 9/1/27		272		271,605
Sedgwick Claims Management Services, Inc., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 12/31/25		170		168,901
USI, Inc.:
Term Loan, 3.224%, (3 mo. USD LIBOR + 3.00%), 5/16/24		383		381,181
Term Loan, 3.474%, (3 mo. USD LIBOR + 3.25%), 12/2/26		196		195,227
			$	3,510,408
Leisure Goods/Activities/Movies — 2.1%
AMC Entertainment Holdings, Inc., Term Loan, 3.104%, (1 mo. USD LIBOR + 3.00%), 4/22/26		267	$	239,106
Amer Sports Oyj, Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), 3/30/26	EUR	263		295,459
Bombardier Recreational Products, Inc., Term Loan, 2.105%, (1 mo. USD LIBOR + 2.00%), 5/24/27		784		777,323
Carnival Corporation:
Term Loan, 3.75%, (6 mo. USD LIBOR + 3.00%, Floor 0.75%), 6/30/25		197		195,473
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.25%, Floor 0.75%), 10/18/28		375		372,188
ClubCorp Holdings, Inc., Term Loan, 2.97%, (3 mo. USD LIBOR + 2.75%), 9/18/24		263		254,817
Crown Finance US, Inc.:
Term Loan, 9.25%, (6 mo. USD LIBOR + 8.25%, Floor 1.00%), 5/23/24		53		56,243
Term Loan, 3.50%, (6 mo. USD LIBOR + 2.50%, Floor 1.00%), 2/28/25		243		185,611
Term Loan, 3.75%, (6 mo. USD LIBOR + 2.75%, Floor 1.00%), 9/30/26		220		164,930
Term Loan, 15.25%, (7.00% cash, 8.25% PIK), 5/23/24(21)		67		79,847

18

Borrower/Description	Principal Amount* (000’s omitted)		Value
Delta 2 (LUX) S.a.r.l., Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), 2/1/24		160	$	159,545
Lindblad Expeditions, Inc.:
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.25%, Floor 0.75%), 4.75% cash, 1.25% PIK, 3/27/25		77		76,615
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.25%, Floor 0.75%), 4.75% cash, 1.25% PIK, 3/27/25		307		306,460
Match Group, Inc., Term Loan, 1.908%, (3 mo. USD LIBOR + 1.75%), 2/13/27		100		98,708
SeaWorld Parks & Entertainment, Inc., Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 8/25/28		125		124,821
Travel Leaders Group, LLC, Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 1/25/24		121		116,252
Vue International Bidco PLC, Term Loan, 4.75%, (6 mo. EURIBOR + 4.75%), 7/3/26	EUR	106		112,705
			$	3,616,103
Lodging and Casinos — 0.7%
Fertitta Entertainment, LLC, Term Loan, 4.50%, (SOFR + 4.00%, Floor 0.50%), 1/27/29		229	$	230,303
Hilton Grand Vacations Borrower, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 8/2/28		150		149,532
Playa Resorts Holding B.V., Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), 4/29/24		350		344,185
Stars Group Holdings B.V. (The), Term Loan, 2.474%, (3 mo. USD LIBOR + 2.25%), 7/21/26		349		348,652
Twin River Worldwide Holdings, Inc., Term Loan, 3.75%, (6 mo. USD LIBOR + 3.25%, Floor 0.50%), 10/2/28		175		175,097
			$	1,247,769
Nonferrous Metals/Minerals — 0.1%
American Consolidated Natural Resources, Inc., Term Loan, 17.00%, (3 mo. USD LIBOR + 16.00%, Floor 1.00%), 14.00% cash, 3.00% PIK, 9/16/25		56	$	57,354
Oxbow Carbon, LLC, Term Loan, 5.00%, (1 mo. USD LIBOR + 4.25%, Floor 0.75%), 10/17/25		47		46,992
			$	104,346
Oil and Gas — 0.9%
Ameriforge Group, Inc.:
Term Loan, 12.583%, (1 mo. USD LIBOR + 13.00%, Floor 1.00%), 12/29/23(17)		11	$	5,303
Term Loan, 14.00%, (3 mo. USD LIBOR + 13.00%, Floor 1.00%), 9.00% cash, 5.00% PIK, 12/31/23		84		41,863
Apergy Corporation, Term Loan, 2.625%, (1 mo. USD LIBOR + 2.50%), 5/9/25		17		16,846
Buckeye Partners L.P., Term Loan, 2.354%, (1 mo. USD LIBOR + 2.25%), 11/1/26		393		391,611
CITGO Petroleum Corporation, Term Loan, 7.25%, (1 mo. USD LIBOR + 6.25%, Floor 1.00%), 3/28/24		332		333,563
Delek US Holdings, Inc., Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), 3/31/25		98		98,659
Freeport LNG Investments, LLLP, Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 12/21/28		100		99,688
Lealand Finance Company B.V., Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 1.105% cash, 3.00% PIK, 6/30/25		29		14,027
Matador Bidco S.a.r.l., Term Loan, 4.855%, (1 mo. USD LIBOR + 4.75%), 10/15/26		147		147,743
Oryx Midstream Services Permian Basin, LLC, Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 10/5/28		125		124,931

19

Borrower/Description	Principal Amount* (000’s omitted)		Value
QuarterNorth Energy Holding, Inc., Term Loan - Second Lien, 9.00%, (3 mo. USD LIBOR + 8.00%, Floor 1.00%), 8/27/26		55	$	55,402
RDV Resources Properties, LLC, Term Loan, 9.50%, (1 mo. USD LIBOR + 8.50%, Floor 1.00%), 3/29/24		65		57,666
UGI Energy Services, LLC, Term Loan, 3.855%, (1 mo. USD LIBOR + 3.75%), 8/13/26		146		146,707
			$	1,534,009
Publishing — 0.2%
Alchemy Copyrights, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 3/10/28		74	$	74,157
Getty Images, Inc., Term Loan, 4.625%, (1 mo. USD LIBOR + 4.50%), 2/19/26		144		144,147
LABL, Inc., Term Loan, 5.50%, (1 mo. USD LIBOR + 5.00%, Floor 0.50%), 10/29/28		100		100,652
			$	318,956
Radio and Television — 0.7%
CMG Media Corporation., Term Loan, 3.605%, (1 mo. USD LIBOR + 3.50%), 12/17/26		270	$	268,011
Diamond Sports Group, LLC, Term Loan, 3.36%, (1 mo. USD LIBOR + 3.25%), 8/24/26		440		176,775
Entravision Communications Corporation, Term Loan, 2.855%, (1 mo. USD LIBOR + 2.75%), 11/29/24		124		122,942
Gray Television, Inc.:
Term Loan, 2.602%, (1 mo. USD LIBOR + 2.50%), 1/2/26		85		84,692
Term Loan, 3.102%, (1 mo. USD LIBOR + 3.00%), 12/1/28		150		149,794
Hubbard Radio, LLC, Term Loan, 5.25%, (1 mo. USD LIBOR + 4.25%, Floor 1.00%), 3/28/25		88		88,191
iHeartCommunications, Inc., Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 5/1/26		67		66,250
Nexstar Broadcasting, Inc., Term Loan, 2.355%, (1 mo. USD LIBOR + 2.25%), 1/17/24		126		125,600
Sinclair Television Group, Inc., Term Loan, 2.61%, (1 mo. USD LIBOR + 2.50%), 9/30/26		98		95,318
			$	1,177,573
Retailers (Except Food and Drug) — 0.5%
CNT Holdings I Corp., Term Loan, 4.25%, (6 mo. USD LIBOR + 3.50%, Floor 0.75%), 11/8/27		99	$	99,343
Great Outdoors Group, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/6/28		396		396,833
Hoya Midco, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), 6/30/24		127		127,205
PetSmart, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), 2/11/28		224		223,805
			$	847,186
Steel — 0.1%
Phoenix Services International, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 3/1/25		120	$	119,636
Zekelman Industries, Inc., Term Loan, 2.109%, (1 mo. USD LIBOR + 2.00%), 1/24/27		121		120,130
			$	239,766
Surface Transport — 0.2%
Kenan Advantage Group, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/24/26		347	$	347,583
			$	347,583
Telecommunications — 0.8%
Digicel International Finance Limited, Term Loan, 3.50%, (6 mo. USD LIBOR + 3.25%), 5/28/24		120	$	117,033
GEE Holdings 2, LLC:
Term Loan, 9.00%, (3 mo. USD LIBOR + 8.00%, Floor 1.00%), 3/24/25		32		31,032

20

Borrower/Description	Principal Amount* (000’s omitted)		Value
Term Loan - Second Lien, 9.25%, (3 mo. USD LIBOR + 8.25%, Floor 1.00%), 2.50% cash, 6.75% PIK, 3/23/26		64	$	55,210
Intelsat Jackson Holdings S.A.:
DIP Loan, 5.392%, (3 mo. USD LIBOR + 4.75%, Floor 1.00%), 10/13/22(17)		100		99,953
Term Loan, 8.75%, (USD Prime + 5.50%), 1/2/24		250		250,250
Plantronics, Inc., Term Loan, 2.605%, (1 mo. USD LIBOR + 2.50%), 7/2/25		164		161,298
Syniverse Holdings, Inc., Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 3/9/23		144		144,220
Zayo Group Holdings, Inc., Term Loan, 3.105%, (1 mo. USD LIBOR + 3.00%), 3/9/27		359		354,502
Ziggo Financing Partnership, Term Loan, 2.606%, (1 mo. USD LIBOR + 2.50%), 4/30/28		250		247,691
			$	1,461,189
Utilities — 0.4%
Brookfield WEC Holdings, Inc., Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 8/1/25		315	$	314,204
Calpine Construction Finance Company L.P., Term Loan, 2.105%, (1 mo. USD LIBOR + 2.00%), 1/15/25		162		161,043
USIC Holdings, Inc., Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 5/12/28		169		169,178
			$	644,425
Total Senior Floating-Rate Loans (identified cost $71,536,398)			$	70,749,744
Sovereign Government Bonds — 13.0%
Security	Principal Amount* (000’s omitted)		Value
Albania — 0.1%
Albania Government International Bond, 3.50%, 11/23/31(14)	EUR	210	$	231,910
Total Albania			$	231,910
Argentina — 0.7%
Republic of Argentina:
1.125%, to 7/9/22, 7/9/35(22)		759	$	235,040
2.00%, to 7/9/22, 1/9/38(22)		2,168		824,924
2.50%, to 7/9/22, 7/9/41(22)		279		99,958
Total Argentina			$	1,159,922
Bahrain — 0.5%
Kingdom of Bahrain:
6.75%, 9/20/29(14)		451	$	474,706
7.375%, 5/14/30(14)		401		434,229
Total Bahrain			$	908,935
Barbados — 0.5%
Government of Barbados, 6.50%, 10/1/29(1)		810	$	811,524
Total Barbados			$	811,524

21

Security	Principal Amount* (000’s omitted)		Value
Belarus — 0.5%
Republic of Belarus:
5.875%, 2/24/26(14)		200	$	167,966
6.875%, 2/28/23(14)		785		746,354
Total Belarus			$	914,320
Benin — 0.5%
Benin Government International Bond, 6.875%, 1/19/52(14)	EUR	820	$	899,077
Total Benin			$	899,077
Colombia — 0.5%
Colombia Government International Bond, 3.25%, 4/22/32		1,100	$	937,750
Total Colombia			$	937,750
Croatia — 0.5%
Croatia Government International Bond, 1.75%, 3/4/41(14)	EUR	828	$	916,966
Total Croatia			$	916,966
Dominican Republic — 0.6%
Dominican Republic:
5.875%, 1/30/60(14)		300	$	272,250
6.85%, 1/27/45(14)		380		400,102
7.45%, 4/30/44(14)		303		343,772
Total Dominican Republic			$	1,016,124
Ecuador — 0.4%
Republic of Ecuador, 0.50% to 7/31/22, 7/31/40(14)(22)		1,260	$	643,175
Total Ecuador			$	643,175
Egypt — 1.7%
Arab Republic of Egypt:
8.15%, 11/20/59(14)		1,739	$	1,408,260
8.50%, 1/31/47(14)		900		754,485
8.70%, 3/1/49(14)		731		621,482
8.875%, 5/29/50(14)		255		219,139
Total Egypt			$	3,003,366
El Salvador — 0.1%
Republic of El Salvador, 7.75%, 1/24/23(14)		261	$	204,888
Total El Salvador			$	204,888
Honduras — 0.1%
Honduras Government International Bond, 5.625%, 6/24/30(14)		158	$	154,840
Total Honduras			$	154,840
India — 0.6%
Export-Import Bank of India, 2.25%, 1/13/31(14)		1,094	$	995,353
Total India			$	995,353
Ivory Coast — 0.5%
Ivory Coast Government International Bond:
4.875%, 1/30/32(14)	EUR	400	$	423,010
6.625%, 3/22/48(14)	EUR	295		316,975
6.875%, 10/17/40(14)	EUR	100		113,558
Total Ivory Coast			$	853,543

22

Security	Principal Amount* (000’s omitted)		Value
Lebanon — 0.1%
Lebanese Republic:
6.25%, 11/4/24(14)(20)		7	$	760
6.25%, 6/12/25(14)(20)		130		14,270
6.40%, 5/26/23(20)		6		656
6.65%, 4/22/24(14)(20)		123		13,438
6.65%, 11/3/28(14)(20)		92		10,035
6.75%, 11/29/27(14)(20)		2		221
6.85%, 5/25/29(20)		3		326
7.00%, 3/20/28(14)(20)		180		18,417
7.05%, 11/2/35(14)(20)		38		4,149
7.15%, 11/20/31(14)(20)		202		20,634
8.20%, 5/17/33(20)		70		7,111
8.25%, 5/17/34(20)		58		5,915
Total Lebanon			$	95,932
Oman — 0.5%
Oman Government International Bond:
6.25%, 1/25/31(14)		409	$	435,986
7.375%, 10/28/32(14)		351		399,486
Total Oman			$	835,472
Pakistan — 0.1%
Islamic Republic of Pakistan, 8.875%, 4/8/51(14)		200	$	186,836
Total Pakistan			$	186,836
Paraguay — 0.2%
Republic of Paraguay, 4.95%, 4/28/31(14)		259	$	283,284
Total Paraguay			$	283,284
Romania — 0.8%
Romania Government International Bond:
2.75%, 2/26/26(14)	EUR	84	$	99,817
2.75%, 4/14/41(14)	EUR	122		114,929
3.375%, 1/28/50(14)	EUR	258		253,196
3.624%, 5/26/30(14)	EUR	62		72,574
4.625%, 4/3/49(14)	EUR	720		851,775
Total Romania			$	1,392,291
Suriname — 1.0%
Republic of Suriname, 9.25%, 10/26/26(14)(20)		2,314	$	1,768,474
Total Suriname			$	1,768,474
Ukraine — 1.9%
Ukraine Government International Bond:
1.258%, GDP-Linked, 5/31/40(14)(23)		637	$	483,515
9.75%, 11/1/28(14)		2,864		2,709,149
Total Ukraine			$	3,192,664
United Arab Emirates — 0.5%
Finance Department Government of Sharjah, 4.375%, 3/10/51(14)		970	$	877,670
Total United Arab Emirates			$	877,670

23

Security	Principal Amount* (000’s omitted)		Value
Uzbekistan — 0.1%
Republic of Uzbekistan International Bond, 5.375%, 2/20/29(14)		200	$	209,446
Total Sovereign Government Bonds (identified cost $24,149,971)			$	22,493,762
Sovereign Loans — 1.0%
Borrower	Principal Amount (000’s omitted)		Value
Tanzania — 1.0%
Government of the United Republic of Tanzania:
Term Loan, 5.526%, (6 mo. USD LIBOR + 5.20%), 6/23/22(2)	$	271	$	275,905
Term Loan, 6.454%, (3 mo. USD LIBOR + 6.30%), 4/28/31(2)		1,460		1,453,621
Total Tanzania			$	1,729,526
Total Sovereign Loans (identified cost $1,731,425)			$	1,729,526
Warrants — 0.0%
Security	Shares		Value
Entertainment — 0.0%
Cineworld Group PLC, Exp. 11/23/25(11)(12)		19,735	$	0
			$	0
Retailers (Except Food and Drug) — 0.0%
David’s Bridal, LLC, Exp. 11/26/22(11)(12)(13)		793	$	0
			$	0
Total Warrants (identified cost $0)			$	0
Short-Term Investments — 6.2%
Affiliated Fund — 5.9%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.08%(24)		10,141,360	$	10,140,346
Total Affiliated Fund (identified cost $10,140,377)			$	10,140,346
U.S. Treasury Obligations — 0.3%
Security	Principal Amount (000’s omitted)		Value
U.S. Treasury Bill, 0.00%, 3/3/22(25)	$	475	$	474,988
Total U.S. Treasury Obligations (identified cost $474,987)			$	474,988

24

Security	Value
Total Short-Term Investments (identified cost $10,615,364)	$	10,615,334
Total Investments — 136.4% (identified cost $248,860,867)	$	235,550,414
Less Unfunded Loan Commitments — (0.1)%	$	(112,268	)
Net Investments — 136.3% (identified cost $248,748,599)	$	235,438,146
Other Assets, Less Liabilities — (36.3)%	$	(62,765,551	)
Net Assets — 100.0%	$	172,672,595

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

* In U.S. dollars unless otherwise indicated.

(1) Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2022, the aggregate value of these securities is $60,629,620 or 35.1% of the Fund’s net assets.

(2) Variable rate security. The stated interest rate represents the rate in effect at January 31, 2022.

(3) Interest only security that entitles the holder to receive only interest payments on the underlying mortgages. Principal amount shown is the notional amount of the underlying mortgages on which coupon interest is calculated.

(4) Inverse floating-rate security whose coupon varies inversely with changes in the interest rate index. The stated interest rate represents the coupon rate in effect at January 31, 2022.

(5) Principal only security that entitles the holder to receive only principal payments on the underlying mortgages.

(6) Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at January 31, 2022.

(7) Represents an investment in an issuer that may be deemed to be an affiliate.

(8) Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at January 31, 2022.

(9) TBA (To Be Announced) securities are purchased on a forward commitment basis with an approximate principal amount and maturity date. The actual principal amount and maturity date are determined upon settlement.

(10) Amount is less than 0.05%.

(11) Non-income producing security.

(12) Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

(13) For fair value measurement disclosure purposes, security is categorized as Level 3.

(14) Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At January 31, 2022, the aggregate value of these securities is $20,539,689 or 11.9% of the Fund’s net assets.

(15) Represents a payment-in-kind security which may pay interest in additional principal at the issuer’s discretion.

25

(16) Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the London Interbank Offered Rate (“LIBOR”) and secondarily, the prime rate offered by one or more major United States banks (the “Prime Rate”). Base lending rates may be subject to a floor, or minimum rate. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

(17) Unfunded or partially unfunded loan commitments. The stated interest rate reflects the weighted average of the reference rate and spread for the funded portion, if any, and the commitment fees on the portion of the loan that is unfunded. At January 31, 2022, the total value of unfunded loan commitments is $111,914.

(18) The stated interest rate represents the weighted average interest rate at January 31, 2022 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period.

(19) This Senior Loan will settle after January 31, 2022, at which time the interest rate will be determined.

(20) Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

(21) Fixed-rate loan.

(22) Step coupon security. Interest rate represents the rate in effect at January 31, 2022.

(23) Amounts payable in respect of the security are contingent upon and determined by reference to Ukraine’s GDP and Real GDP Growth Rate. Principal amount represents the notional amount used to calculate payments due to the security holder and does not represent an entitlement for payment.

(24) Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of January 31, 2022.

(25) Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

Centrally Cleared Forward Foreign Currency Exchange Contracts

Currency Purchased		Currency Sold		Settlement Date		Value/ Unrealized Appreciation (Depreciation)
EUR	160,947	USD	182,028		3/16/22	$	(1,044	)
EUR	1,234,121	USD	1,395,762		3/16/22		(8,004	)
EUR	2,348,339	USD	2,655,916		3/16/22		(15,230	)
USD	4,363,664	EUR	3,858,314		3/16/22		25,023
USD	2,171,807	EUR	1,920,293		3/16/22		12,454
USD	1,108,724	EUR	980,325		3/16/22		6,358
USD	936,651	EUR	828,179		3/16/22		5,371
USD	232,629	EUR	205,689		3/16/22		1,334
USD	1,302	EUR	1,151		3/16/22		8
						$	26,270

Forward Foreign Currency Exchange Contracts

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
USD	1,589,554	EUR	1,397,000	Standard Chartered Bank		2/2/22	$	20,094	$	—
USD	1,566,889	EUR	1,397,000	Standard Chartered Bank		3/2/22		—		(3,448	)
							$	20,094	$	(3,448	)

26

Futures Contracts

Description	Number of Contracts			Position	Expiration Date		Notional Amount			Value/ Unrealized Appreciation (Depreciation)
Interest Rate Futures
Euro-Bobl		(2	)	Short		3/8/22	$	(297,130	)	$	4,022
Euro-Bund		(20	)	Short		3/8/22		(3,799,734	)		103,425
Euro-Buxl		(5	)	Short		3/8/22		(1,141,987	)		70,216
U.S. 5-Year Treasury Note		(6	)	Short		3/31/22		(715,219	)		7,782
U.S. 10-Year Treasury Note		(1	)	Short		3/22/22		(127,969	)		(391	)
U.S. Long Treasury Bond		(3	)	Short		3/22/22		(466,875	)		3,519
U.S. Ultra-Long Treasury Bond		(18	)	Short		3/22/22		(3,400,875	)		83,250
										$	271,823

Centrally Cleared Credit Default Swaps — Sell Protection

Reference Entity	Notional Amount* (000’s omitted)		Contract Annual Fixed Rate**	Termination Date		Current Market Annual Fixed Rate***			Value			Unamortized Upfront Receipts (Payments)			Unrealized Appreciation (Depreciation)
Brazil	$	4,020	1.00% (pays quarterly)(1)		12/20/26		2.26	%	$	(224,282	)	$	223,450		$	(832	)
Colombia		5,000	1.00% (pays quarterly)(1)		12/20/26		2.12			(249,952	)		107,651			(142,301	)
Croatia		5,000	1.00% (pays quarterly)(1)		12/20/26		0.73			69,197			(77,833	)		(8,636	)
Hungary		2,200	1.00% (pays quarterly)(1)		12/20/26		0.54			50,519			(62,737	)		(12,218	)
Indonesia		4,760	1.00% (pays quarterly)(1)		12/20/26		0.91			26,811			(67,324	)		(40,513	)
Mexico		2,500	1.00% (pays quarterly)(1)		12/20/26		1.05			(2,993	)		(5,888	)		(8,881	)
Peru		1,999	1.00% (pays quarterly)(1)		12/20/26		0.83			18,054			(4,759	)		13,295
Poland		2,500	1.00% (pays quarterly)(1)		6/20/23		0.13			33,144			(13,182	)		19,962
Ukraine		2,000	5.00% (pays quarterly)(1)		12/20/26		7.92			(203,137	)		121,167			(81,970	)
Total	$	29,979							$	(482,639	)	$	220,545		$	(262,094	)

27

Credit Default Swaps — Sell Protection

Reference Entity	Counterparty	Notional Amount* (000’s omitted)		Contract Annual Fixed Rate**	Termination Date		Current Market Annual Fixed Rate***			Value			Unamortized Upfront Receipts (Payments)			Unrealized Appreciation (Depreciation)
Brazil	Citibank, N.A.	$	1,050	1.00% (pays quarterly)(1)		12/20/31		3.06	%	$	(169,752	)	$	150,404		$	(19,348	)
Dubai	Bank of America, N.A.		2,000	1.00% (pays quarterly)(1)		12/20/22		0.28			15,252			5,632			20,884
Dubai	Bank of America, N.A.		3,000	1.00% (pays quarterly)(1)		6/20/23		0.42			27,661			3,764			31,425
Kazakhstan	Barclays Bank PLC		2,500	1.00% (pays quarterly)(1)		12/20/22		0.36			17,377			6,722			24,099
Mexico	Citibank, N.A.		1,388	1.00% (pays quarterly)(1)		12/20/31		1.71			(83,255	)		61,311			(21,944	)
Romania	Barclays Bank PLC		4,000	1.00% (pays quarterly)(1)		12/20/26		0.84			35,392			(56,549	)		(21,157	)
Total		$	13,938							$	(157,325	)	$	171,284		$	13,959

* If the Fund is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Fund could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At January 31, 2022, such maximum potential amount for all open credit default swaps in which the Fund is the seller was $43,917,000.

** The contract annual fixed rate represents the fixed rate of interest received by the Fund (as a seller of protection) on the notional amount of the credit default swap contract.

*** Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market’s perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as “Defaulted” indicates a credit event has occurred for the reference entity.

(1) Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

Abbreviations:

COF	-	Cost of Funds 11th District
DIP	-	Debtor In Possession
EURIBOR	-	Euro Interbank Offered Rate
GDP	-	Gross Domestic Product
LIBOR	-	London Interbank Offered Rate
PIK	-	Payment In Kind
TBA	-	To Be Announced
SOFR	-	Secured Overnight Financing Rate

Currency Abbreviations:

EUR	-	Euro
USD	-	United States Dollar

28

At January 31, 2022, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

In the normal course of pursuing its investment objectives, the Fund is subject to the following risks:

Credit Risk: The Fund enters into credit default swap contracts to enhance total return and/or as a substitute for the purchase of securities.

Foreign Exchange Risk: The Fund holds foreign currency denominated investments. The value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Fund enters into forward foreign currency exchange contracts.

Interest Rate Risk: The Fund utilizes various interest rate derivatives including futures contracts to manage the duration of its portfolio and to hedge against fluctuations in securities prices due to interest rates.

The Fund invested in issuers that may be deemed to be affiliated with Morgan Stanley. At January 31, 2022, the value of the Fund’s investment in affiliated issuers and funds was $11,785,983, which represents 6.8% of the Fund’s net assets. Transactions in affiliated issuers and funds by the Fund for the fiscal year to date ended January 31, 2022 were as follows:

Name	Value, beginning of period		Purchases		Sales proceeds			Net realized gain (loss)			Change in unrealized appreciation (depreciation)			Value, end of period		Interest/ Dividend income		Principal amount/ Units, end of period
Commercial Mortgage-Backed Securities
Morgan Stanley Bank of America Merrill Lynch Trust:
Series 2016-C29, Class D, 3.00%, 5/15/49	$	874,032	$	—	$	—		$	—		$	(14,168	)	$	861,324	$	8,961	$	1,000,000
Series 2016-C32, Class D, 3.396%, 12/15/49		206,909		—		—			—			(3,393	)		203,918		2,524		250,000
Morgan Stanley Capital I Trust, Series 2016-UBS12, Class D, 3.312%, 12/15/49		578,977		—		—			—			(489	)		580,395		10,187		1,000,000
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC		8,354,666		49,257,685		(47,471,136	)		(838	)		(31	)		10,140,346		2,696		10,141,360
								$	(838	)	$	(18,081	)	$	11,785,983	$	24,368

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 — quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

29

At January 31, 2022, the hierarchy of inputs used in valuing the Fund’s investments and open derivative instruments, which are carried at value, were as follows:

Asset Description	Level 1			Level 2			Level 3*		Total
Asset-Backed Securities	$	—		$	27,640,552		$	—	$	27,640,552
Collateralized Mortgage Obligations		—			17,458,148			—		17,458,148
Commercial Mortgage-Backed Securities		—			17,021,406			—		17,021,406
U.S. Government Agency Mortgage-Backed Securities		—			44,563,955			—		44,563,955
Common Stocks		286,727			329,486			94,714		710,927
Corporate Bonds		—			22,489,500			—		22,489,500
Preferred Stocks		—			77,560			—		77,560
Senior Floating-Rate Loans (Less Unfunded Loan Commitments)		—			70,637,476			—		70,637,476
Sovereign Government Bonds		—			22,493,762			—		22,493,762
Sovereign Loans		—			1,729,526			—		1,729,526
Warrants		—			0			0		0
Short-Term Investments -
Affiliated Fund		—			10,140,346			—		10,140,346
U.S. Treasury Obligations		—			474,988			—		474,988
Total Investments	$	286,727		$	235,056,705		$	94,714	$	235,438,146
Forward Foreign Currency Exchange Contracts	$	—		$	70,642		$	—	$	70,642
Futures Contracts		272,214			—			—		272,214
Swap Contracts		—			293,407			—		293,407
Total	$	558,941		$	235,420,754		$	94,714	$	236,074,409
Liability Description
Forward Foreign Currency Exchange Contracts	$	—		$	(27,726	)	$	—	$	(27,726	)
Futures Contracts		(391	)		—			—		(391	)
Swap Contracts		—			(933,371	)		—		(933,371	)
Total	$	(391	)	$	(961,097	)	$	—	$	(961,488	)

* None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended January 31, 2022 is not presented.

For information on the Fund’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements included in its semiannual or annual report to shareholders.

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