RiverNorth/DoubleLine Strategic Income Fd Cl R (RNDLX) NPORT-P RiverNorth/Oaktree High Income Fund (Jun 2021 report)

RiverNorth Core Opportunity Fund

SCHEDULE OF INVESTMENTS

June 30, 2021 (Unaudited)

Shares/Description			Value
CLOSED-END FUNDS - 58.94%
	383,467	Aberdeen Emerging Markets Equity Income Fund, Inc.	$	3,470,376
	54,953	Apollo Tactical Income Fund, Inc.		860,014
	20,189	Avenue Income Credit Strategies Fund		224,502
	116,292	Barings Global Short Duration High Yield Fund		1,986,267
	48,728	Blackstone Strategic Credit Fund		678,781
	202,824	BrandywineGLOBAL - Global Income Opportunities Fund, Inc.		2,557,611
	104,501	Calamos Long/Short Equity & Dynamic Income Trust		2,171,531
	6,722	Clough Global Dividend and Income Fund		73,135
	9,021	Clough Global Equity Fund		133,150
	20,100	Clough Global Opportunities Fund		243,210
	146,265	Cornerstone Strategic Value Fund, Inc.		1,698,137
	323,820	Eaton Vance Floating-Rate Income Trust		4,659,770
	238,447	Eaton Vance Senior Floating-Rate Trust		3,374,025
	26,257	First Eagle Senior Loan Fund		415,386
	27,599	First Trust Dynamic Europe Equity Income Fund		370,103
	74,825	First Trust Energy Infrastructure Fund		1,020,613
	31,313	First Trust High Yield Opportunities 2027 Term Fund		627,826
	272,483	First Trust New Opportunities MLP & Energy Fund		1,610,375
	26,500	First Trust Senior Floating Rate 2022 Target Term Fund		252,280
	92,436	GDL Fund		838,395
	735,178	Invesco Senior Income Trust		3,278,894
	22,533	Ivy High Income Opportunities Fund		316,589
	6	Liberty All Star Growth Fund, Inc.		53
	30,742	LMP Capital and Income Fund, Inc.		443,300
	42,855	Macquarie Global Infrastructure Total Return Fund, Inc.		989,093
	96,255	Morgan Stanley Emerging Markets Debt Fund, Inc.		899,984
	137,854	Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.		843,666
	112,394	NexPoint Credit Strategies Fund		1,546,541
	38,035	Nuveen Floating Rate Income Opportunity Fund		371,222
	9,845	Nuveen Global High Income Fund		159,587
	404,334	Nuveen High Income November 2021 Target Term Fund		3,808,826
	16,081	Nuveen Mortgage Opportunity Term Fund		335,932
	116,972	Pershing Square Holdings Ltd.		4,263,629
	270,437	Sprott Focus Trust, Inc.		2,300,067
	92,976	Sprott Physical Gold and Silver Trust(a)		1,736,792
	30,317	Templeton Emerging Markets Income Fund		241,626
	30,783	Voya Global Advantage and Premium Opportunity Fund		301,981
	81,696	Western Asset High Income Opportunity Fund, Inc.		431,355
TOTAL CLOSED-END FUNDS
(Cost $43,407,369)				49,534,624
BUSINESS DEVELOPMENT COMPANIES - 8.96%
	312,851	Barings BDC, Inc.		3,303,707
	188,777	First Eagle Alternative Capital BDC, Inc.		860,823
	503,074	Oaktree Specialty Lending Corp.		3,365,565
TOTAL BUSINESS DEVELOPMENT COMPANIES
(Cost $6,951,146)				7,530,095
COMMON STOCKS - 9.41%
	13,110	Agba Acquisition, Ltd.(a)		140,670
	6,580	Amplitude Healthcare Acquisition Corp.(a)		65,405

Shares/Description			Value
	3,099	Apollo Strategic Growth Capital II(a)	$	30,990
	35,123	Ares Acquisition Corp.(a)		351,230
	20,159	Austerlitz Acquisition Corp. I(a)		208,243
	70,128	Austerlitz Acquisition Corp. II(a)		689,189
	50,000	CC Neuberger Principal Holdings II, Class A(a)		494,500
	40,405	Churchill Capital Corp. VI(a)		408,899
	40,843	Churchill Capital Corp. VII(a)		408,838
	900	Compute Health Acquisition Corp.(a)		9,198
	56,000	Conx Corp., Class A(a)		552,160
	250	Far Peak Acquisition Corp.(a)		2,600
	42,000	Fortress Value Acquisition Corp. IV(a)		420,000
	41,800	Gores Guggenheim, Inc.(a)		418,752
	35,400	Gores Holdings VII, Inc.(a)		355,823
	65,455	Jaws Mustang Acquisition Corp.(a)		650,977
	20,514	Khosla Ventures Acquisition Co. III(a)		202,473
	45,258	KKR Acquisition Holdings I Corp.(a)		448,890
	21,214	Landcadia Holdings IV, Inc.(a)		211,292
	12,447	Lazard Growth Acquisition Corp. I(a)		124,221
	10,614	LIV Capital Acquisition Corp.(a)		106,140
	22,149	Longview Acquisition Corp. II(a)		223,262
	10,753	Merida Merger Corp. I(a)		106,992
	35,400	Reinvent Technology Partners Y(a)		357,186
	36,571	Soaring Eagle Acquisition Corp.(a)		387,287
	20,984	Spartan Acquisition Corp. III, Class A(a)		205,224
	32,700	Tishman Speyer Innovation Corp. II(a)		329,780
TOTAL COMMON STOCKS
(Cost $7,831,341)				7,910,221
EXCHANGE TRADED FUNDS - 1.06%
	37,953	Invesco FTSE RAFI Emerging Markets Portfolio		886,203
TOTAL EXCHANGE TRADED FUNDS
(Cost $682,207)				886,203
PREFERRED STOCKS - 0.47%
	15,162	XAI Octagon Floating Rate Alternative Income Term Trust, 6.500%, 03/31/2026		391,786
TOTAL PREFERRED STOCKS
(Cost $378,879)				391,786

Shares/Description			Rate	Maturity	Value
BUSINESS DEVELOPMENT COMPANY NOTES - 3.63%
United States - 3.63%
	49,778	First Eagle Alternative Capital BDC, Inc.	5.00%	05/25/2026		1,270,334
	1,220,000	PennantPark Floating Rate Capital, Ltd.	4.25%	04/01/2026		1,230,861
	21,578	PennantPark Investment Corp.	5.50%	10/15/2024		550,671
TOTAL BUSINESS DEVELOPMENT COMPANY NOTES
(Cost $3,004,786)						3,051,866

Principal Amount/Description			Rate	Maturity	Value
CONVERTIBLE CORPORATE BONDS - 2.34%
$	848,323	BlackRock Capital Investment Corp.	5.00%	06/15/2022	$	860,020
	190,456	BlackRock TCP Capital Corp.	4.63%	03/01/2022		194,989
	852,978	New Mountain Finance Corp.	5.75%	08/15/2023		912,729
TOTAL CONVERTIBLE CORPORATE BONDS
(Cost $1,715,297)						1,967,738
U.S. GOVERNMENT BONDS AND NOTES - 1.53%
	1,571,000	U.S. Treasury Bonds	1.25%	05/15/2050		1,283,249
TOTAL U.S. GOVERNMENT BONDS AND NOTES
(Cost $1,199,134)						1,283,249

Shares/Description			Value
Rights - 0.01%(a)
	13,110	Agba Acquisition, Ltd., Strike Price 11.50, Expires 12/31/2049		4,851
	9,072	Greenvision Acquisition Corp., Strike Price 11.50, Expires 10/28/2024		4,945
TOTAL RIGHTS
(Cost $4,846)				9,796
Warrants - 0.05%(a)
	13,110	Agba Acquisition, Ltd., Strike Price 11.50, Expires 05/10/2024		3,524
	3,290	Amplitude Healthcare Acquisition Corp., Strike Price 11.50, Expires 12/01/2026		3,784
	18,643	Leisure Acquisition Corp., Strike Price 11.50, Expires 12/28/2022		19,575
	10,614	LIV Capital Acquisition Corp., Strike Price 11.50, Expires 01/10/2025		10,083
	5,376	Merida Merger Corp. I, Strike Price 11.50, Expires 11/07/2026		6,397
TOTAL WARRANTS
(Cost $24,417)				43,363
SHORT-TERM INVESTMENTS - 16.04%
Money Market Fund - 16.04%
	13,479,956	State Street Institutional Trust (7 Day Yield 0.01%)		13,479,956
TOTAL SHORT-TERM INVESTMENTS
(Cost $13,479,956)				13,479,956
TOTAL INVESTMENTS - 102.44%
(Cost $78,679,378)			$	86,088,897
LIABILITIES IN EXCESS OF OTHER ASSETS - (2.44)%				(2,052,252	)
NET ASSETS - 100.00%			$	84,036,645

^(a) Non-income producing security.

See Notes to Quarterly Schedule of Investments.

RiverNorth/DoubleLine Strategic Income Fund

SCHEDULE OF INVESTMENTS

June 30, 2021 (Unaudited)

Shares/Description			Value
CLOSED-END FUNDS - 11.84%
	929,948	AllianceBernstein Global High Income Fund, Inc.	$	11,633,649
	608,393	BlackRock Floating Rate Income Strategies Fund, Inc.		8,061,207
	1,066,725	Blackstone Strategic Credit Fund		14,859,479
	1,320,021	BrandywineGLOBAL - Global Income Opportunities Fund, Inc.		16,645,465
	123,167	Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund		3,113,662
	683,558	Eaton Vance Floating-Rate Income Trust		9,836,400
	599,091	First Trust High Income Long/Short Fund		9,435,683
	286,893	First Trust High Yield Opportunities 2027 Term Fund		5,752,205
	1,048,094	First Trust Senior Floating Rate 2022 Target Term Fund		9,977,855
	1,117,255	Invesco Dynamic Credit Opportunities Fund		13,250,644
	2,220,625	Invesco Senior Income Trust		9,903,987
	232,087	Morgan Stanley Emerging Markets Debt Fund, Inc.		2,170,013
	1,449,660	Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.		8,871,919
	162,368	Nuveen Floating Rate Income Opportunity Fund		1,584,712
	230,833	Nuveen Global High Income Fund		3,741,803
	266,240	Nuveen High Income November 2021 Target Term Fund		2,507,981
	849,791	PGIM Global High Yield Fund, Inc.		13,545,669
	536,285	PGIM High Yield Bond Fund, Inc.		8,725,357
	744,466	Templeton Emerging Markets Income Fund		5,933,394
	331,750	Virtus AllianzGI Diversified Income & Convertible Fund(a)		8,791,375
	337,562	Western Asset Emerging Markets Debt Fund, Inc.		4,729,244
	3,966,729	Western Asset High Income Opportunity Fund, Inc.		20,944,329
	3,145,918	Western Asset Inflation-Linked Opportunities & Income Fund		41,242,985
TOTAL CLOSED-END FUNDS
(Cost $207,099,286)				235,259,017
BUSINESS DEVELOPMENT COMPANIES - 0.24%
	459,447	Barings BDC, Inc.		4,851,760
TOTAL BUSINESS DEVELOPMENT COMPANIES
(Cost $4,620,690)				4,851,760
COMMON STOCKS - 3.01%
	200,000	Apollo Strategic Growth Capital II(b)		1,948,000
	517,200	Ares Acquisition Corp.(b)		5,042,700
	435,000	Austerlitz Acquisition Corp. II(b)		4,232,550
	800,000	CC Neuberger Principal Holdings II, Class A(b)		7,912,000
	100,000	CC Neuberger Principal Holdings III(b)		978,000
	200,000	Churchill Capital Corp. V(b)		2,014,000
	300,000	Churchill Capital Corp. VI(b)		2,958,000
	550,000	Churchill Capital Corp. VII(b)		5,351,500
	350,000	Compute Health Acquisition Corp.(b)		3,437,000
	350,000	Conx Corp., Class A(b)		3,451,000
	350,000	Far Peak Acquisition Corp.(b)		3,482,500
	12,164	Frontera Energy Corp.(b)		75,417
	50,000	FTAC Hera Acquisition Corp.(b)		487,500
	200,000	Gores Guggenheim, Inc.(b)		1,953,000
	464,046	Jaws Mustang Acquisition Corp.(b)		4,529,089
	361,160	KKR Acquisition Holdings I Corp.(b)		3,546,591
	500,000	Lazard Growth Acquisition Corp. I(b)		4,890,000
	31,580	McDermott International, Ltd.(b)		15,474

Shares/Description			Value
	350,000	Trebia Acquisition Corp.(b)	$	3,465,000
TOTAL COMMON STOCKS
(Cost $60,865,282)				59,769,321
OPEN-END FUNDS - 1.64%
	3,406,008	RiverNorth/Oaktree High Income Fund, Class I(c)		32,494,337
TOTAL OPEN-END FUNDS
(Cost $32,643,549)				32,494,337

Shares/Description			Rate	Maturity		Value
BUSINESS DEVELOPMENT COMPANY NOTES - 1.57%
United States - 1.57%
	241,858	First Eagle Alternative Capital BDC, Inc.	6.13%	10/30/2023			6,143,193
	246,313	First Eagle Alternative Capital BDC, Inc.	5.00%	05/25/2026			6,285,908
	305,377	Hercules Capital, Inc.	5.25%	04/30/2025			7,695,500
	32,069	Oxford Square Capital Corp.	6.50%	03/30/2024			809,743
	49,593	Oxford Square Capital Corp.	6.25%	04/30/2026			1,259,662
	3,000,000	PennantPark Floating Rate Capital, Ltd.	4.25%	04/01/2026			3,026,708
	233,620	PennantPark Investment Corp.	5.50%	10/15/2024			5,961,982
TOTAL BUSINESS DEVELOPMENT COMPANY NOTES
(Cost $30,322,843)							31,182,696
					��
Principal Amount/Description			Rate	Maturity			Value
FOREIGN CORPORATE BONDS - 4.78%
Argentina - 0.07%
$	150,000	AES Argentina Generacion SA(d)	7.75%	02/02/2024		$	128,095
	600,000	Banco Macro SA(d)(e)	6.75%	11/04/2026			500,265
	150,000	Pampa Energia SA(f)	9.13%	04/15/2029			137,425
	450,000	Pampa Energia SA(d)	9.13%	04/15/2029			412,277
	575,629	Stoneway Capital Corp.(d)(g)	10.00%	03/01/2027			169,810
							1,347,872
Australia - 0.30%
	1,000,000	APT Pipelines, Ltd.(f)	4.25%	07/15/2027			1,130,790
	990,000	Australia & New Zealand Banking Group, Ltd.(e)(f)	5Y US TI + 1.70%	11/25/2035			962,904
	675,000	Commonwealth Bank of Australia(f)	4.32%	01/10/2048			799,744
	680,000	Macquarie Group, Ltd.(e)(f)	3M US L + 1.33%	03/27/2024			720,025
	370,000	Macquarie Group, Ltd.(e)(f)	1D US SOFR + 0.91%	09/23/2027			367,648
	475,000	National Australia Bank, Ltd.(f)	2.99%	05/21/2031			482,651
	340,000	NBN Co., Ltd.(f)	1.45%	05/05/2026			340,999
	500,000	Sydney Airport Finance Co. Pty, Ltd.(f)	3.38%	04/30/2025			535,111
	500,000	Sydney Airport Finance Co. Pty, Ltd.(f)	3.63%	04/28/2026			543,772
							5,883,644
Bermuda - 0.03%
	500,000	Investment Energy Resources, Ltd.(f)	6.25%	04/26/2029			541,875

Principal Amount/Description			Rate	Maturity	Value
Brazil - 0.19%
$	1,300,000	Banco do Estado do Rio Grande do Sul SA(e)(f)	5Y US TI + 4.93%	01/28/2031	$	1,341,431
	650,000	CSN Islands XII Corp.(a)(d)	7.00%	Perpetual Maturity		657,621
	950,000	Oi SA(h)	10.00%    (4.00%)	07/27/2025		979,688
	100,000	Suzano Austria GmbH	3.13%	01/15/2032		99,162
	550,000	Unigel Luxembourg SA(d)	8.75%	10/01/2026		597,058
						3,674,960
British Virgin Islands - 0.07%
	200,000	State Grid Overseas Investment 2016, Ltd.	1.00%	08/05/2025		197,972
	1,300,000	TSMC Global, Ltd.(f)	1.25%	04/23/2026		1,289,619
						1,487,591
Canada - 0.44%
	530,000	Bank of Montreal(e)	3.80%	12/15/2032		584,953
	460,000	Bell Telephone Co. of Canada or Bell Canada	0.75%	03/17/2024		461,299
	140,000	Bombardier, Inc.(f)	6.00%	10/15/2022		140,461
	270,000	CCL Industries, Inc.(f)	3.05%	06/01/2030		283,838
	245,000	CI Financial Corp.	4.10%	06/15/2051		256,540
	360,000	Enbridge, Inc.	2.50%	08/01/2033		360,969
	850,000	Frontera Energy Corp.(f)	7.88%	06/21/2028		853,213
	170,000	Garda World Security Corp.(f)	9.50%	11/01/2027		188,622
	225,000	Garda World Security Corp.(f)	6.00%	06/01/2029		223,606
	200,000	GFL Environmental, Inc.(f)	4.00%	08/01/2028		197,865
	600,000	Gran Tierra Energy, Inc.(f)	7.75%	05/23/2027		534,006
	160,000	Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc.(f)	5.00%	12/31/2026		162,634
	800,000	Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc.(f)	7.00%	12/31/2027		802,904
	205,000	Mattamy Group Corp.(f)	4.63%	03/01/2030		209,818
	160,000	MEG Energy Corp.(f)	7.13%	02/01/2027		170,885
	25,000	MEG Energy Corp.(f)	5.88%	02/01/2029		26,098
	645,000	Nutrien, Ltd.	4.20%	04/01/2029		742,321
	185,000	Parkland Corp.(f)	5.88%	07/15/2027		197,799
	155,000	Parkland Corp.(f)	4.50%	10/01/2029		157,963
	420,000	Superior Plus LP / Superior General Partner, Inc.(f)	4.50%	03/15/2029		433,150
	240,000	Telesat Canada / Telesat LLC(f)	5.63%	12/06/2026		241,200
	620,000	Tervita Corp.(f)	11.00%	12/01/2025		695,473
	750,000	TransCanada PipeLines, Ltd.	4.25%	05/15/2028		862,431
						8,788,048
Cayman Islands - 0.30%
	200,000	Banco Mercantil del Norte SA/Grand Cayman(a)(e)(f)	7.50%	Perpetual Maturity		226,250
	750,000	Banco Mercantil del Norte SA/Grand Cayman(a)(d)(e)	7.63%	Perpetual Maturity		852,562
	300,000	Banco Mercantil del Norte SA/Grand Cayman(a)(d)(e)	10Y US TI + 5.47%	Perpetual Maturity		339,375
	1,000,000	CK Hutchison Capital Securities 17, Ltd.(a)(d)(e)	4.00%	Perpetual Maturity		1,020,000
	166,440	Global Aircraft Leasing Co., Ltd.(f)(h)	6.50%    (7.25%)	09/15/2024		167,484
	624,000	Gran Tierra Energy International Holdings, Ltd.(d)	6.25%	02/15/2025		556,137
	590,824	Interoceanica IV Finance, Ltd.(d)(i)	0.00%	11/30/2025		559,067
	700,000	Itau Unibanco Holding SA Island(a)(e)(f)	4.63%	Perpetual Maturity		675,157
	950,000	Itau Unibanco Holding SA Island(a)(d)(e)	5Y US TI + 3.22%	Perpetual Maturity		916,285

Principal Amount/Description			Rate	Maturity	Value
$	154,009	Lima Metro Line 2 Finance, Ltd.(f)	5.88%	07/05/2034	$	180,055
	200,000	SA Global Sukuk, Ltd.(f)	2.69%	06/17/2031		202,732
	260,000	Transocean Poseidon, Ltd.(f)	6.88%	02/01/2027		261,677
						5,956,781
Chile - 0.26%
	600,000	AES Gener SA(e)(f)	6.35%	10/07/2079		641,100
	400,000	AES Gener SA(d)(e)	6.35%	10/07/2079		427,400
	200,000	Antofagasta PLC(d)	2.38%	10/14/2030		192,950
	200,000	CAP SA(f)	3.90%	04/27/2031		200,363
	900,000	Empresa de Transporte de Pasajeros Metro SA(f)	5.00%	01/25/2047		1,042,654
	340,720	Empresa Electrica Cochrane SpA(d)	5.50%	05/14/2027		353,544
	1,000,000	Empresa Electrica Guacolda SA(d)	4.56%	04/30/2025		714,849
	450,000	GNL Quintero SA(d)	4.63%	07/31/2029		491,344
	750,000	Transelec SA(d)	3.88%	01/12/2029		813,660
	200,000	VTR Finance NV(d)	6.38%	07/15/2028		212,717
						5,090,581
China - 0.27%
	200,000	Agile Group Holdings, Ltd.(a)(e)	6.88%	Perpetual Maturity		202,754
	300,000	Agile Group Holdings, Ltd.(a)(e)	7.88%	Perpetual Maturity		305,627
	495,000	Agile Group Holdings, Ltd.(a)(e)	7.75%	Perpetual Maturity		501,831
	200,000	Baidu, Inc.	3.43%	04/07/2030		216,874
	200,000	Central China Real Estate, Ltd.	7.25%	04/24/2023		190,505
	700,000	Central China Real Estate, Ltd.	7.25%	07/16/2024		609,877
	300,000	CIFI Holdings Group Co., Ltd.(a)(e)	5.38%	Perpetual Maturity		304,968
	200,000	ENN Energy Holdings, Ltd.	3.25%	07/24/2022		204,255
	400,000	JD.com, Inc.	3.38%	01/14/2030		427,423
	200,000	Logan Group Co., Ltd.(a)(e)	5Y US TI + 6.00%	Perpetual Maturity		201,000
	400,000	Ronshine China Holdings, Ltd.	7.35%	12/15/2023		377,537
	600,000	Ronshine China Holdings, Ltd.	6.75%	08/05/2024		550,503
	500,000	Tencent Holdings, Ltd.(f)	2.39%	06/03/2030		498,735
	350,000	Yuzhou Group Holdings Co., Ltd.	8.30%	05/27/2025		298,826
	600,000	Yuzhou Group Holdings Co., Ltd.	7.38%	01/13/2026		473,292
						5,364,007
Colombia - 0.19%
	450,000	Banco Davivienda SA(a)(e)(f)	10Y US TI + 5.10%	Perpetual Maturity		473,258
	650,000	Banco GNB Sudameris SA(e)(f)	5Y US TI + 6.66%	04/16/2031		661,927
	391,000	Banco GNB Sudameris SA(d)(e)	5Y US TI + 4.56%	04/03/2027		392,566
	350,000	Credivalores-Crediservicios SAS(f)	8.88%	02/07/2025		274,283
	200,000	Credivalores-Crediservicios SAS(d)	9.75%	07/27/2022		179,860
	400,000	Credivalores-Crediservicios SAS(d)	8.88%	02/07/2025		313,466
	400,000	Empresas Publicas de Medellin ESP(d)	4.25%	07/18/2029		397,082
	200,000	Empresas Publicas de Medellin ESP(d)	4.38%	02/15/2031		197,983
	150,000	Gilex Holding SARL(f)	8.50%	05/02/2023		153,216
	750,000	Gilex Holding SARL(d)	8.50%	05/02/2023		766,076
						3,809,717
Cyprus - 0.03%
	600,000	Interpipe Holdings PLC(f)	8.38%	05/13/2026		600,498
Dominican Republic - 0.02%
	108,000	Empresa Generadora de Electricidad Itabo SA(f)	7.95%	05/11/2026		111,876

Principal Amount/Description			Rate	Maturity	Value
$	255,150	Empresa Generadora de Electricidad Itabo SA(d)	7.95%	05/11/2026	$	264,307
						376,183
France - 0.06%
	725,000	BNP Paribas SA(e)(f)	1D US SOFR + 1.51%	01/13/2031		765,341
	340,000	BPCE SA(f)	1.00%	01/20/2026		335,541
						1,100,882
Great Britain - 0.32%
	710,000	Anglo American Capital PLC(f)	4.50%	03/15/2028		812,345
	765,000	Barclays PLC(e)	3M US L + 1.38%	05/16/2024		779,346
	760,000	Credit Agricole SA/London(f)	3.75%	04/24/2023		804,168
	930,000	HSBC Holdings PLC(e)	3M US L + 1.38%	09/12/2026		960,106
	730,000	Lloyds Banking Group PLC(e)	3M US L + 1.21%	11/07/2028		799,000
	535,000	NatWest Markets PLC(f)	0.80%	08/12/2024		532,835
	500,000	Tullow Oil PLC(f)	10.25%	05/15/2026		525,997
	450,000	Vedanta Resources Finance II PLC(f)	9.25%	04/23/2026		395,399
	200,000	Vedanta Resources Finance II PLC(d)	9.25%	04/23/2026		175,733
	480,000	Weir Group PLC(f)	2.20%	05/13/2026		482,395
						6,267,324
Hong Kong - 0.12%
	1,000,000	Bangkok Bank PCL(a)(e)(f)	5Y US TI + 4.73%	Perpetual Maturity		1,056,430
	200,000	Bangkok Bank PCL(a)(d)(e)	5Y US TI + 4.73%	Perpetual Maturity		211,286
	200,000	Kasikornbank PCL(a)(e)	5Y US TI + 4.94%	Perpetual Maturity		212,318
	400,000	RKP Overseas Finance, Ltd.(a)(e)	7.75%	Perpetual Maturity		393,722
	600,000	RKP Overseas Finance, Ltd.(a)	7.95%	Perpetual Maturity		594,300
						2,468,056
India - 0.10%
	200,000	Adani International Container Terminal Pvt, Ltd.(d)	3.00%	02/16/2031		193,441
	200,000	Adani Ports & Special Economic Zone, Ltd.(d)	4.38%	07/03/2029		209,807
	500,000	Adani Ports & Special Economic Zone, Ltd.(d)	3.10%	02/02/2031		476,778
	200,000	JSW Hydro Energy, Ltd.(f)	4.13%	05/18/2031		203,188
	400,000	Reliance Industries, Ltd.(d)	5.40%	02/14/2022		411,134
	200,000	UltraTech Cement, Ltd.(d)	2.80%	02/16/2031		193,831
	400,000	Vedanta Resources, Ltd.(d)	6.13%	08/09/2024		335,720
						2,023,899
Indonesia - 0.06%
	400,000	ABM Investama Tbk PT(d)	7.13%	08/01/2022		387,800
	300,000	Pertamina Persero PT(d)	4.15%	02/25/2060		302,400
	500,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara(d)	5.50%	11/22/2021		509,100
						1,199,300
Ireland - 0.03%
	575,000	Avolon Holdings Funding, Ltd.(f)	3.25%	02/15/2027		593,644
Israel - 0.05%
	900,000	Israel Electric Corp., Ltd.(f)	5.00%	11/12/2024		1,008,203

Principal Amount/Description			Rate	Maturity	Value
Jamaica - 0.00%(j)
$	65,316	Digicel Group Holdings, Ltd.(f)(h)	8.00%    (8.00%)	04/01/2025	$	54,996
Japan - 0.04%
	770,000	Mitsubishi UFJ Financial Group, Inc.	1.41%	07/17/2025		777,672
Luxembourg - 0.12%
	300,000	Atento Luxco 1 SA(f)	8.00%	02/10/2026		327,351
	95,000	Endo Luxembourg Finance Co. I SARL / Endo US, Inc.(f)	6.13%	04/01/2029		93,219
	700,000	FS Luxembourg SARL(f)	10.00%	12/15/2025		784,031
	400,000	JBS Finance Luxembourg Sarl(f)	3.63%	01/15/2032		400,276
	270,000	Millicom International Cellular SA(d)	6.25%	03/25/2029		295,562
	200,000	Minerva Luxembourg SA(f)	4.38%	03/18/2031		198,950
	300,000	Simpar Europe SA(f)	5.20%	01/26/2031		308,364
						2,407,753
Malaysia - 0.07%
	400,000	Malayan Banking Bhd(e)	3.91%	10/29/2026		404,590
	800,000	Petronas Capital, Ltd.(f)	2.48%	01/28/2032		806,157
	200,000	TNB Global Ventures Capital Bhd	3.24%	10/19/2026		214,230
						1,424,977
Mauritius - 0.01%
	200,000	UPL Corp., Ltd.(a)(e)	5.25%	Perpetual Maturity		204,580
Mexico - 0.35%
	700,000	Alpha Holding SA de CV(f)	9.00%	02/10/2025		137,637
	200,000	Alpha Holding SA de CV(d)	9.00%	02/10/2025		39,325
	500,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand(a)(e)	8.50%	Perpetual Maturity		516,250
	200,000	BBVA Bancomer SA(d)(e)	5.13%	01/18/2033		208,940
	350,000	Braskem Idesa SAPI(f)	7.45%	11/15/2029		372,162
	300,000	Braskem Idesa SAPI(d)	7.45%	11/15/2029		318,996
	500,000	Credito Real SAB de CV SOFOM ER(d)	9.50%	02/07/2026		466,660
	1,200,000	Credito Real SAB de CV SOFOM ER(a)(d)(e)	9.13%	Perpetual Maturity		849,000
	350,000	Grupo Axo SAPI de CV(f)	5.75%	06/08/2026		350,478
	800,000	Mexarrend SAPI de CV(f)	10.25%	07/24/2024		760,864
	200,000	Mexarrend SAPI de CV(d)	10.25%	07/24/2024		190,216
	700,000	Operadora de Servicios Mega SA de CV Sofom ER(f)	8.25%	02/11/2025		705,250
	400,000	Sixsigma Networks Mexico SA de CV(d)	7.50%	05/02/2025		367,078
	600,000	TV Azteca SAB de CV(g)	8.25%	08/09/2024		303,000
	200,000	Unifin Financiera SAB de CV(d)	7.38%	02/12/2026		188,251
	200,000	Unifin Financiera SAB de CV(d)	8.38%	01/27/2028		187,500
	1,400,000	Unifin Financiera SAB de CV(a)(d)(e)	8.88%	Perpetual Maturity		1,045,618
						7,007,225
Netherlands - 0.28%
	950,000	Braskem Netherlands Finance BV(d)	5.88%	01/31/2050		1,043,461
	600,000	Metinvest BV(d)	7.75%	10/17/2029		668,049
	200,000	Minejesa Capital BV(d)	4.63%	08/10/2030		212,290
	1,200,000	Minejesa Capital BV(d)	5.63%	08/10/2037		1,303,044

Principal Amount/Description			Rate	Maturity	Value
$	420,000	NXP BV / NXP Funding LLC / NXP USA, Inc.(f)	3.88%	06/18/2026	$	465,610
	600,000	Petrobras Global Finance BV	6.90%	03/19/2049		716,100
	450,000	Petrobras Global Finance BV	6.75%	06/03/2050		526,754
	600,000	Petrobras Global Finance BV	5.50%	06/10/2051		600,960
						5,536,268
Panama - 0.11%
	200,000	AES Panama Generation Holdings SRL(f)	4.38%	05/31/2030		209,540
	200,000	AES Panama Generation Holdings SRL(d)	4.38%	05/31/2030		209,540
	400,000	Banco General SA(a)(e)(f)	10Y US TI + 3.67%	Perpetual Maturity		419,202
	200,000	Multibank, Inc.(d)	4.38%	11/09/2022		205,361
	887,374	UEP Penonome II SA(f)	6.50%	10/01/2038		909,016
	197,194	UEP Penonome II SA(d)	6.50%	10/01/2038		202,004
						2,154,663
Peru - 0.17%
	750,000	Banco Internacional del Peru SAA Interbank(d)(e)	1Y US TI + 3.71%	07/08/2030		747,128
	300,000	Camposol SA(f)	6.00%	02/03/2027		314,059
	600,000	Hunt Oil Co. of Peru LLC Sucursal Del Peru(d)	6.38%	06/01/2028		633,750
	200,000	Orazul Energy Egenor SCA(d)	5.63%	04/28/2027		207,876
	1,450,000	Peru LNG Srl(d)	5.38%	03/22/2030		1,255,475
	300,000	Volcan Cia Minera SAA(f)	4.38%	02/11/2026		297,981
						3,456,269
Singapore - 0.43%
	715,000	BOC Aviation, Ltd.(e)(f)	3M US L + 1.13%	09/26/2023		714,602
	200,000	DBS Group Holdings, Ltd.(a)(e)	5Y US TI + 1.92%	Perpetual Maturity		206,297
	600,000	DBS Group Holdings, Ltd.(a)(e)	3.60%	Perpetual Maturity		603,391
	800,000	Indika Energy Capital III Pte, Ltd.(d)	5.88%	11/09/2024		811,764
	250,000	LMIRT Capital Pte, Ltd.	7.25%	06/19/2024		260,645
	400,000	Medco Bell Pte, Ltd.(f)	6.38%	01/30/2027		413,136
	250,000	Medco Bell Pte, Ltd.(d)	6.38%	01/30/2027		258,210
	400,000	Medco Oak Tree Pte, Ltd.(d)	7.38%	05/14/2026		438,382
	200,000	ONGC Videsh Vankorneft Pte, Ltd.	3.75%	07/27/2026		213,527
	700,000	Oversea-Chinese Banking Corp., Ltd.(e)(f)	5Y US TI + 1.58%	09/10/2030		701,932
	700,000	PSA Treasury Pte, Ltd.	2.25%	04/30/2030		719,804
	200,000	PSA Treasury Pte, Ltd.	2.13%	09/05/2029		204,217
	600,000	Singtel Group Treasury	1.88%	06/10/2030		595,263
	800,000	TBLA International Pte, Ltd.	7.00%	01/24/2023		766,400
	350,000	Temasek Financial I, Ltd.(f)	1.00%	10/06/2030		330,553
	250,000	Temasek Financial I, Ltd.(d)	1.00%	10/06/2030		236,110
	200,000	Theta Capital Pte, Ltd.	8.13%	01/22/2025		208,506
	500,000	Theta Capital Pte, Ltd.	6.75%	10/31/2026		493,200
	300,000	United Overseas Bank, Ltd.(e)	5Y US TI + 1.52%	03/16/2031		298,458
						8,474,397
South Korea - 0.14%
	200,000	Korea East-West Power Co., Ltd.(f)	1.75%	05/06/2025		204,414
	400,000	Korea East-West Power Co., Ltd.(d)	1.75%	05/06/2025		408,827
	500,000	Korea Electric Power Corp.(d)	1.13%	06/15/2025		499,301
	400,000	Korea Hydro & Nuclear Power Co., Ltd.(f)	1.25%	04/27/2026		398,370
	200,000	KT Corp.	1.00%	09/01/2025		198,274
	200,000	KT Corp.(d)	2.50%	07/18/2026		210,226
	200,000	LG Chem, Ltd.(f)	2.38%	07/07/2031		199,829
	200,000	NongHyup Bank(f)	1.25%	07/20/2025		200,247

Principal Amount/Description			Rate	Maturity	Value
$	200,000	POSCO(d)	2.38%	01/17/2023	$	204,893
	200,000	Shinhan Financial Group Co., Ltd.(a)(e)(f)	5Y US TI + 2.06%	Perpetual Maturity		199,096
						2,723,477
Spain - 0.05%
	700,000	AES Andres BV(f)	5.70%	05/04/2028		726,250
	250,000	AI Candelaria Spain SLU(f)	5.75%	06/15/2033		257,755
						984,005
Switzerland - 0.04%
	865,000	Credit Suisse Group AG(e)(f)	1D US SOFR + 0.98%	02/02/2027		848,090
Thailand - 0.01%
	200,000	PTTEP Treasury Center Co., Ltd.(f)	2.59%	06/10/2027		207,686
Trinidad and Tobago - 0.01%
	200,000	Telecommunications Services of Trinidad & Tobago, Ltd.(d)	8.88%	10/18/2029		212,150
United Arab Emirates - 0.04%
	300,000	Galaxy Pipeline Assets Bidco, Ltd.(f)	2.16%	03/31/2034		295,293
	500,000	Galaxy Pipeline Assets Bidco, Ltd.(d)	2.63%	03/31/2036		491,748
						787,041
TOTAL FOREIGN CORPORATE BONDS
	(Cost $93,238,576)					94,844,314
U.S. CORPORATE BONDS - 7.04%
Advertising - 0.05%
	130,000	Clear Channel Outdoor Holdings, Inc.(f)	7.50%	06/01/2029		134,756
	535,000	Interpublic Group of Cos., Inc.	5.40%	10/01/2048		717,632
	185,000	Omnicom Group, Inc.	2.60%	08/01/2031		188,215
						1,040,603
Aerospace/Defense - 0.18%
	445,000	Boeing Co.	2.95%	02/01/2030		456,112
	525,000	Northrop Grumman Corp.	5.15%	05/01/2040		690,330
	420,000	Teledyne Technologies, Inc.	2.25%	04/01/2028		427,944
	30,000	TransDigm, Inc.(f)	8.00%	12/15/2025		32,499
	220,000	TransDigm, Inc.(f)	6.25%	03/15/2026		232,375
	135,000	TransDigm, Inc.	5.50%	11/15/2027		140,906
	115,000	TransDigm, Inc.(f)	4.88%	05/01/2029		116,236
	1,115,000	Triumph Group, Inc.(f)	6.25%	09/15/2024		1,135,917
	390,000	Triumph Group, Inc.	7.75%	08/15/2025		401,700
						3,634,019
Agriculture - 0.08%
	890,000	BAT Capital Corp.	3.46%	09/06/2029		941,117
	420,000	Bunge, Ltd. Finance Corp.	2.75%	05/14/2031		424,924
	321,693	Pyxus Holdings, Inc.	10.00%	08/24/2024		282,586
						1,648,627
Airlines - 0.11%
	1,130,000	American Airlines, Inc./AAdvantage Loyalty IP, Ltd.(f)	5.75%	04/20/2029		1,223,225
	425,000	Southwest Airlines Co.	4.75%	05/04/2023		456,060
	222,917	United Airlines 2016-1 Class B Pass Through Trust	3.65%	01/07/2026		221,791

Principal Amount/Description			Rate	Maturity	Value
$	355,000	United Airlines, Inc.(f)	4.63%	04/15/2029	$	367,868
						2,268,944
Apparel - 0.02%
	310,000	William Carter Co.(f)	5.50%	05/15/2025		328,926
Auto Manufacturers - 0.16%
	350,000	Ford Motor Credit Co. LLC(e)	3M US L + 1.24%	02/15/2023		348,800
	200,000	Ford Motor Credit Co. LLC	4.39%	01/08/2026		216,250
	1,200,000	General Motors Financial Co., Inc.(e)	3M US L + 0.99%	01/05/2023		1,211,284
	25,000	General Motors Financial Co., Inc.	3.95%	04/13/2024		26,911
	705,000	Hyundai Capital America(f)	2.65%	02/10/2025		738,657
	165,000	Hyundai Capital America(f)	1.80%	10/15/2025		167,617
	355,000	Volkswagen Group of America Finance LLC(f)	4.25%	11/13/2023		383,858
						3,093,377
Auto Parts & Equipment - 0.09%
	94,000	Clarios Global LP / Clarios US Finance Co.(f)	6.25%	05/15/2026		100,257
	1,005,000	Dealer Tire LLC / DT Issuer LLC(f)	8.00%	02/01/2028		1,086,772
	200,000	Goodyear Tire & Rubber Co.(f)	5.25%	07/15/2031		209,250
	420,000	Wheel Pros, Inc.(f)	6.50%	05/15/2029		425,571
						1,821,850
Banks - 0.31%
	675,000	Bank of America Corp.(e)	3M US L + 1.21%	02/07/2030		766,355
	965,000	Citigroup, Inc.(e)	3M US L + 1.10%	05/17/2024		980,450
	995,000	Goldman Sachs Group, Inc.(e)	3M US L + 1.17%	05/15/2026		1,021,876
	315,000	Goldman Sachs Group, Inc.(e)	1D US SOFR + 0.82%	09/10/2027		314,427
	320,000	JPMorgan Chase & Co.(e)	1D US SOFR + 1.02%	06/01/2029		322,826
	500,000	JPMorgan Chase & Co.(e)	1D US SOFR + 2.04%	04/22/2031		514,939
	350,000	JPMorgan Chase & Co.(e)	1D US SOFR + 1.25%	04/22/2032		359,458
	295,000	Morgan Stanley(e)	1D US SOFR + 0.53%	05/30/2025		294,170
	675,000	Morgan Stanley(e)	3M US L + 1.34%	07/22/2028		748,196
	370,000	Wells Fargo & Co.(e)	3M US L + 1.17%	06/17/2027		399,555
	390,000	Wells Fargo & Co.(e)	1D US SOFR + 1.43%	10/30/2030		413,331
						6,135,583
Beverages - 0.15%
	785,000	Anheuser-Busch InBev Worldwide, Inc.	4.60%	04/15/2048		960,210
	250,000	Constellation Brands, Inc.	3.15%	08/01/2029		268,481
	135,000	Constellation Brands, Inc.	2.88%	05/01/2030		141,715
	400,000	Keurig Dr Pepper, Inc.	3.80%	05/01/2050		451,759
	320,000	Primo Water Holdings, Inc.(f)	4.38%	04/30/2029		320,400
	820,000	Triton Water Holdings, Inc.(f)	6.25%	04/01/2029		823,169
						2,965,734
Biotechnology - 0.04%
	340,000	Illumina, Inc.	0.55%	03/23/2023		340,630
	425,000	Royalty Pharma PLC(f)	3.30%	09/02/2040		428,763
						769,393
Building Materials - 0.06%
	161,000	Builders FirstSource, Inc.(f)	6.75%	06/01/2027		172,919
	460,000	Carrier Global Corp.	3.38%	04/05/2040		483,282
	130,000	Griffon Corp.	5.75%	03/01/2028		138,536

Principal Amount/Description			Rate	Maturity	Value
$	375,000	Owens Corning	4.40%	01/30/2048	$	445,289
						1,240,026
Chemicals - 0.08%
	100,000	CVR Partners LP / CVR Nitrogen Finance Corp.(f)	6.13%	06/15/2028		102,625
	315,000	DuPont de Nemours, Inc.	5.42%	11/15/2048		438,169
	780,000	Illuminate Buyer LLC / Illuminate Holdings IV, Inc.(f)	9.00%	07/01/2028		871,275
	215,000	Kraton Polymers LLC / Kraton Polymers Capital Corp.(f)	4.25%	12/15/2025		219,956
	45,000	SCIH Salt Holdings, Inc.(f)	6.63%	05/01/2029		45,169
						1,677,194
Coal - 0.02%
	47,000	Peabody Energy Corp.(f)(h)	8.50%    (8.50%)	12/31/2024		35,572
	160,000	SunCoke Energy Partners LP / SunCoke Energy Partners Finance Corp.(f)	7.50%	06/15/2025		166,248
	180,000	SunCoke Energy, Inc.(f)	4.88%	06/30/2029		180,000
						381,820
Commercial Services - 0.07%
	90,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.(f)	6.63%	07/15/2026		95,533
	175,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.(f)	9.75%	07/15/2027		192,938
	145,000	Metis Merger Sub LLC(f)	6.50%	05/15/2029		142,995
	180,000	MPH Acquisition Holdings LLC(f)	5.75%	11/01/2028		181,122
	335,000	Sabre GLBL, Inc.(f)	7.38%	09/01/2025		364,738
	175,000	Triton Container International, Ltd.(f)	1.15%	06/07/2024		174,704
	197,000	Verscend Escrow Corp.(f)	9.75%	08/15/2026		207,841
						1,359,871
Computers - 0.17%
	700,000	Austin BidCo, Inc.(f)	7.13%	12/15/2028		718,697
	770,000	Dell International LLC / EMC Corp.	5.30%	10/01/2029		929,861
	780,000	Flexential Intermediate Corp.(f)	11.25%	08/01/2024		853,612
	460,000	Fortinet, Inc.	1.00%	03/15/2026		456,012
	405,000	NetApp, Inc.	1.88%	06/22/2025		416,699
						3,374,881
Consumer goods: durable - 0.00%(j)
	95,000	Tempur Sealy International, Inc.(f)	4.00%	04/15/2029		96,481
Containers and Packaging - 0.02%
	400,000	Packaging Corp. of America	3.40%	12/15/2027		440,002
Cosmetics/Personal Care - 0.01%
	125,000	Coty, Inc.(f)	6.50%	04/15/2026		126,881
	130,000	Coty, Inc.(f)	5.00%	04/15/2026		132,180
						259,061
Distribution/Wholesale - 0.02%
	160,000	Performance Food Group, Inc.(f)	5.50%	10/15/2027		168,372
	193,000	Wolverine Escrow LLC(f)	9.00%	11/15/2026		188,884
						357,256
Diversified Financial Services - 0.30%
	270,000	Air Lease Corp.	1.88%	08/15/2026		270,420
	835,000	Air Methods Corp.(f)	8.00%	05/15/2025		790,119
	440,000	Aircastle, Ltd.(f)	2.85%	01/26/2028		442,453
	420,000	Aviation Capital Group LLC(f)	5.50%	12/15/2024		475,117
	1,055,000	Discover Financial Services	4.10%	02/09/2027		1,181,142

Principal Amount/Description			Rate	Maturity	Value
$	280,000	Nationstar Mortgage Holdings, Inc.(f)	5.50%	08/15/2028	$	282,836
	95,000	Navient Corp.	5.00%	03/15/2027		98,491
	120,000	NFP Corp.(f)	6.88%	08/15/2028		126,688
	245,000	OneMain Finance Corp.	6.63%	01/15/2028		281,708
	200,000	PennyMac Financial Services, Inc.(f)	4.25%	02/15/2029		192,966
	740,000	Synchrony Financial	3.95%	12/01/2027		825,545
	925,000	Western Union Co.	2.75%	03/15/2031		923,415
						5,890,900
Electric - 0.53%
	155,000	Calpine Corp.(f)	5.13%	03/15/2028		157,932
	35,000	Calpine Corp.(f)	4.63%	02/01/2029		34,508
	580,000	Duke Energy Corp.	3.95%	08/15/2047		639,817
	175,000	Entergy Corp.	2.80%	06/15/2030		182,469
	475,000	Eversource Energy	1.65%	08/15/2030		455,175
	1,000,000	Exelon Corp.	4.05%	04/15/2030		1,140,128
	485,000	General Electric Co.	5.88%	01/14/2038		660,998
	420,000	Georgia Power Co.	2.20%	09/15/2024		437,370
	760,000	Georgia Power Co.	3.25%	03/15/2051		768,641
	1,100,000	ITC Holdings Corp.	3.25%	06/30/2026		1,193,208
	275,000	Monongahela Power Co.(f)	5.40%	12/15/2043		361,518
	300,000	NextEra Energy Capital Holdings, Inc.	3.55%	05/01/2027		331,758
	750,000	NextEra Energy Capital Holdings, Inc.	2.25%	06/01/2030		756,484
	215,000	NRG Energy, Inc.(f)	2.00%	12/02/2025		218,191
	215,000	NRG Energy, Inc.(f)	3.63%	02/15/2031		211,549
	375,000	Pacific Gas and Electric Co.	1.37%	03/10/2023		375,027
	465,000	Pacific Gas and Electric Co.	2.50%	02/01/2031		436,491
	65,000	PG&E Corp.	5.00%	07/01/2028		65,808
	320,000	Pike Corp.(f)	5.50%	09/01/2028		333,714
	445,000	PSEG Power LLC	3.85%	06/01/2023		472,651
	270,000	Southern Co.(e)	5Y US TI + 2.92%	09/15/2051		272,066
	1,000,000	Virginia Electric and Power Co.	3.50%	03/15/2027		1,108,545
						10,614,048
Electrical Components & Equipment - 0.01%
	175,000	Energizer Holdings, Inc.(f)	4.75%	06/15/2028		179,681
Electronics - 0.03%
	365,000	Arrow Electronics, Inc.	3.88%	01/12/2028		408,924
	185,000	Vontier Corp.(f)	2.40%	04/01/2028		183,999
						592,923
Entertainment - 0.14%
	200,000	Bally's Corp.(f)	6.75%	06/01/2027		213,384
	700,000	Boyne USA, Inc.(f)	4.75%	05/15/2029		724,230
	160,000	Caesars Entertainment, Inc.(f)	6.25%	07/01/2025		169,800
	665,000	Cedar Fair LP	5.25%	07/15/2029		686,406
	135,000	Lions Gate Capital Holdings LLC(f)	5.50%	04/15/2029		142,094
	150,000	Live Nation Entertainment, Inc.(f)	6.50%	05/15/2027		166,916
	235,000	Live Nation Entertainment, Inc.(f)	4.75%	10/15/2027		243,813
	330,000	Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.(f)	4.88%	05/01/2029		330,825
	135,000	Scientific Games International, Inc.(f)	7.25%	11/15/2029		152,637
						2,830,105
Environmental Control - 0.02%
	180,000	Madison IAQ LLC(f)	4.13%	06/30/2028		182,025

Principal Amount/Description			Rate	Maturity	Value
$	235,000	Madison IAQ LLC(f)	5.88%	06/30/2029	$	239,406
						421,431
Food - 0.17%
	80,000	B&G Foods, Inc.	5.25%	09/15/2027		83,423
	185,000	Campbell Soup Co.	2.38%	04/24/2030		186,595
	255,000	Flowers Foods, Inc.	2.40%	03/15/2031		255,706
	75,000	Kraft Heinz Foods Co.	5.00%	07/15/2035		92,226
	205,000	Kraft Heinz Foods Co.	5.20%	07/15/2045		254,972
	320,000	Mondelez International, Inc.	1.88%	10/15/2032		310,478
	130,000	Pilgrim's Pride Corp.(f)	5.88%	09/30/2027		138,619
	180,000	Post Holdings, Inc.(f)	4.63%	04/15/2030		183,255
	754,000	Smithfield Foods, Inc.(f)	4.25%	02/01/2027		825,726
	690,000	Sysco Corp.	3.30%	02/15/2050		695,034
	270,000	United Natural Foods, Inc.(f)	6.75%	10/15/2028		291,111
	25,000	US Foods, Inc.(f)	6.25%	04/15/2025		26,531
						3,343,676
Food Service - 0.03%
	585,000	TKC Holdings, Inc.(f)	10.50%	05/15/2029		635,041
Healthcare & Pharmaceuticals - 0.01%
	230,000	Bausch Health Cos., Inc.(f)	6.25%	02/15/2029		227,769
Healthcare-Products - 0.01%
	120,000	Ortho-Clinical Diagnostics, Inc. / Ortho-Clinical Diagnostics SA(f)	7.25%	02/01/2028		131,310
Healthcare-Services - 0.23%
	390,000	Anthem, Inc.	2.38%	01/15/2025		408,598
	85,000	Centene Corp.	3.00%	10/15/2030		87,425
	775,000	Centene Corp.	2.50%	03/01/2031		765,312
	155,000	CHS/Community Health Systems, Inc.(f)	6.00%	01/15/2029		166,055
	600,000	CHS/Community Health Systems, Inc.(f)	6.88%	04/15/2029		629,631
	370,000	HCA, Inc.	4.13%	06/15/2029		416,950
	85,000	Health Care Service Corp. A Mutual Legal Reserve Co.(f)	3.20%	06/01/2050		87,704
	85,000	Legacy LifePoint Health LLC(f)	6.75%	04/15/2025		90,799
	205,000	Legacy LifePoint Health LLC(f)	4.38%	02/15/2027		207,767
	975,000	Radiology Partners, Inc.(f)	9.25%	02/01/2028		1,081,002
	160,000	RP Escrow Issuer LLC(f)	5.25%	12/15/2025		167,522
	155,000	Select Medical Corp.(f)	6.25%	08/15/2026		165,433
	190,000	Tenet Healthcare Corp.(f)	6.13%	10/01/2028		203,013
						4,477,211
Home Furnishings - 0.03%
	510,000	WASH Multifamily Acquisition, Inc.(f)	5.75%	04/15/2026		533,129
Insurance - 0.16%
	200,000	Acrisure LLC / Acrisure Finance, Inc.(f)	4.25%	02/15/2029		198,007
	130,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer(f)	6.75%	10/15/2027		136,790
	820,000	Athene Global Funding(f)	3.00%	07/01/2022		840,811
	200,000	Berkshire Hathaway Finance Corp.	2.85%	10/15/2050		200,055
	150,000	Brighthouse Financial Global Funding(f)	1.00%	04/12/2024		150,355

Principal Amount/Description			Rate	Maturity	Value
$	260,000	Brighthouse Financial Global Funding(f)	2.00%	06/28/2028	$	260,433
	160,000	GTCR AP Finance, Inc.(f)	8.00%	05/15/2027		170,959
	340,000	Prudential Financial, Inc.	3.91%	12/07/2047		395,939
	665,000	Willis North America, Inc.	4.50%	09/15/2028		769,607
						3,122,956
Internet - 0.13%
	1,255,000	Endure Digital, Inc.(f)	6.00%	02/15/2029		1,244,213
	400,000	Expedia Group, Inc.	3.80%	02/15/2028		435,296
	140,000	Expedia Group, Inc.	2.95%	03/15/2031		142,156
	125,000	Uber Technologies, Inc.(f)	7.50%	09/15/2027		137,538
	500,000	Uber Technologies, Inc.(f)	6.25%	01/15/2028		539,105
						2,498,308
Investment Companies - 0.59%
	455,000	Ares Capital Corp.	2.15%	07/15/2026		452,899
	175,000	Ares Capital Corp.	2.88%	06/15/2028		177,901
	5,000,000	Business Development Corp. of America(f)	5.38%	05/30/2023		5,224,909
	5,000,000	FS KKR Capital Corp.	4.75%	05/15/2022		5,148,706
	180,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp.	5.25%	05/15/2027		186,102
	445,000	Owl Rock Capital Corp.	2.63%	01/15/2027		446,532
						11,637,049
Leisure Time - 0.08%
	280,000	Carlson Travel, Inc.(f)	6.75%	12/15/2025		258,567
	135,000	Carnival Corp.(f)	7.63%	03/01/2026		146,813
	685,000	Carnival Corp.(f)	5.75%	03/01/2027		718,394
	55,000	Viking Cruises, Ltd.(f)	13.00%	05/15/2025		64,814
	340,000	Viking Cruises, Ltd.(f)	5.88%	09/15/2027		336,413
						1,525,001
Lodging - 0.05%
	275,000	Boyd Gaming Corp.(f)	4.75%	06/15/2031		285,656
	410,000	Marriott International, Inc.	3.13%	06/15/2026		435,849
	185,000	MGM Resorts International	6.75%	05/01/2025		198,406
						919,911
Media - 0.18%
	970,000	Cengage Learning, Inc.(f)	9.50%	06/15/2024		995,506
	660,000	Charter Communications Operating LLC / Charter Communications Operating Capital	4.91%	07/23/2025		748,147
	300,000	Comcast Corp.	3.95%	10/15/2025		336,330
	420,000	Comcast Corp.	3.40%	04/01/2030		464,027
	70,000	Diamond Sports Group LLC / Diamond Sports Finance Co.(f)	5.38%	08/15/2026		45,416
	130,000	DISH DBS Corp.(f)	5.13%	06/01/2029		128,528
	130,000	GCI LLC(f)	4.75%	10/15/2028		133,315
	35,000	iHeartCommunications, Inc.	8.38%	05/01/2027		37,538
	90,000	Nexstar Broadcasting, Inc.(f)	5.63%	07/15/2027		95,513
	110,000	Radiate Holdco LLC / Radiate Finance, Inc.(f)	4.50%	09/15/2026		114,133
	60,000	Scripps Escrow II, Inc.(f)	3.88%	01/15/2029		59,611
	190,000	Scripps Escrow, Inc.(f)	5.88%	07/15/2027		196,986
	130,000	Univision Communications, Inc.(f)	4.50%	05/01/2029		131,275
						3,486,325
Media: Advertising, Printing & Publishing - 0.08%
	1,550,000	Castle US Holding Corp.(f)	9.50%	02/15/2028		1,622,773

Principal Amount/Description			Rate	Maturity	Value
Mining - 0.05%
$	220,000	Arconic Corp.(f)	6.13%	02/15/2028	$	236,657
	685,000	Glencore Funding LLC(f)	1.63%	04/27/2026		687,807
	80,000	Novelis Corp.(f)	4.75%	01/30/2030		84,100
						1,008,564
Miscellaneous Manufacturing - 0.01%
	195,000	General Electric Co.	6.88%	01/10/2039		292,442
Oil & Gas - 0.51%
	50,000	Apache Corp.	4.63%	11/15/2025		54,142
	95,000	Apache Corp.	4.38%	10/15/2028		101,260
	305,000	BP Capital Markets America, Inc.	2.94%	06/04/2051		292,746
	655,000	Brooklyn Union Gas Co.(f)	4.49%	03/04/2049		773,044
	165,000	Chesapeake Energy Corp.(f)	5.88%	02/01/2029		178,819
	105,000	CNX Resources Corp.(f)	6.00%	01/15/2029		113,675
	195,000	Diamondback Energy, Inc.	2.88%	12/01/2024		206,095
	480,000	East Ohio Gas Co.(f)	3.00%	06/15/2050		477,233
	85,000	EQT Corp.	8.50%	02/01/2030		110,861
	360,000	Exxon Mobil Corp.	2.61%	10/15/2030		379,750
	420,000	Exxon Mobil Corp.	4.23%	03/19/2040		502,018
	260,000	Halliburton Co.	2.92%	03/01/2030		270,430
	155,000	Halliburton Co.	5.00%	11/15/2045		189,164
	140,000	Hilcorp Energy I LP / Hilcorp Finance Co.(f)	6.25%	11/01/2028		149,136
	80,000	Hilcorp Energy I LP / Hilcorp Finance Co.(f)	5.75%	02/01/2029		83,512
	140,000	Indigo Natural Resources LLC(f)	5.38%	02/01/2029		146,481
	800,000	Kosmos Energy, Ltd.(d)	7.13%	04/04/2026		795,612
	705,000	Marathon Petroleum Corp.	5.13%	12/15/2026		829,537
	925,000	NiSource, Inc.	3.60%	05/01/2030		1,025,463
	75,000	Occidental Petroleum Corp.	8.00%	07/15/2025		89,909
	115,000	Occidental Petroleum Corp.	6.63%	09/01/2030		138,144
	130,000	Occidental Petroleum Corp.	6.13%	01/01/2031		153,111
	95,000	Occidental Petroleum Corp.	6.45%	09/15/2036		113,706
	85,000	Ovintiv Exploration, Inc.	7.38%	11/01/2031		113,001
	160,000	Patterson-UTI Energy, Inc.	3.95%	02/01/2028		162,048
	760,000	PBF Holding Co. LLC / PBF Finance Corp.(f)	9.25%	05/15/2025		766,608
	645,000	Pioneer Natural Resources Co.	1.90%	08/15/2030		622,002
	700,000	SierraCol Energy Andina LLC(f)	6.00%	06/15/2028		709,415
	110,000	Sunoco LP / Sunoco Finance Corp.	6.00%	04/15/2027		115,404
	215,000	Sunoco LP / Sunoco Finance Corp.(f)	4.50%	05/15/2029		219,412
	61,000	Transocean, Inc.(f)	11.50%	01/30/2027		65,270
	220,000	USA Compression Partners LP / USA Compression Finance Corp.	6.88%	09/01/2027		235,462
						10,182,470
Packaging & Containers - 0.07%
	260,000	Berry Global, Inc.(f)	1.65%	01/15/2027		258,073
	135,000	Flex Acquisition Co., Inc.(f)	6.88%	01/15/2025		137,535
	185,000	Silgan Holdings, Inc.	4.13%	02/01/2028		192,232
	736,000	WRKCo, Inc.	3.75%	03/15/2025		803,734
						1,391,574
Pharmaceuticals - 0.20%
	770,000	AbbVie, Inc.	4.70%	05/14/2045		960,288
	716,000	Becton Dickinson and Co.	2.89%	06/06/2022		731,847
	690,000	Bristol-Myers Squibb Co.	4.35%	11/15/2047		875,612
	545,000	Cigna Corp.	4.90%	12/15/2048		703,195
	390,000	CVS Health Corp.	5.05%	03/25/2048		507,503

Principal Amount/Description			Rate	Maturity	Value
$	215,000	Viatris, Inc.(f)	1.65%	06/22/2025	$	217,730
						3,996,175
Pipelines - 0.32%
	73,000	Antero Midstream Partners LP / Antero Midstream Finance Corp.(f)	5.75%	03/01/2027		76,142
	200,000	Enable Midstream Partners LP	4.40%	03/15/2027		220,721
	375,000	Enable Midstream Partners LP	5.00%	05/15/2044		409,277
	360,000	Energy Transfer LP	4.75%	01/15/2026		405,661
	1,000,000	Energy Transfer LP	3.90%	07/15/2026		1,092,824
	220,000	EQM Midstream Partners LP(f)	4.75%	01/15/2031		226,972
	320,000	Hess Midstream Operations LP(f)	5.13%	06/15/2028		336,085
	548,000	Kinder Morgan Energy Partners LP	6.95%	01/15/2038		785,115
	1,325,000	NGL Energy Operating LLC / NGL Energy Finance Corp.(f)	7.50%	02/01/2026		1,392,906
	135,000	NGPL PipeCo LLC(f)	3.25%	07/15/2031		139,276
	270,000	NuStar Logistics LP	6.38%	10/01/2030		299,064
	180,000	ONEOK, Inc.	3.40%	09/01/2029		191,845
	335,000	Sabine Pass Liquefaction LLC	5.00%	03/15/2027		387,250
	170,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.50%	03/01/2030		187,174
	120,000	Western Midstream Operating LP	4.35%	02/01/2025		126,952
						6,277,264
Real Estate - 0.01%
	110,000	Realogy Group LLC / Realogy Co.-Issuer Corp.(f)	5.75%	01/15/2029		115,147
REITS - 0.39%
	165,000	Agree LP	2.60%	06/15/2033		164,583
	295,000	Alexandria Real Estate Equities, Inc.	3.00%	05/18/2051		289,322
	840,000	American Tower Corp.	3.60%	01/15/2028		924,931
	525,000	Boston Properties LP	3.40%	06/21/2029		570,710
	800,000	Crown Castle International Corp.	3.70%	06/15/2026		881,062
	515,000	Crown Castle International Corp.	3.65%	09/01/2027		568,458
	560,000	Crown Castle International Corp.	3.30%	07/01/2030		600,803
	370,000	Equinix, Inc.	1.80%	07/15/2027		374,912
	1,000,000	Equinix, Inc.	2.15%	07/15/2030		994,521
	250,000	Iron Mountain, Inc.(f)	4.50%	02/15/2031		253,437
	190,000	National Retail Properties, Inc.	2.50%	04/15/2030		193,549
	80,000	Office Properties Income Trust	2.65%	06/15/2026		81,249
	75,000	Omega Healthcare Investors, Inc.	3.25%	04/15/2033		74,930
	140,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer(f)	4.88%	05/15/2029		144,998
	80,000	Realogy Group LLC / Realogy Co.-Issuer Corp.(f)	7.63%	06/15/2025		86,877
	395,000	Simon Property Group LP	2.45%	09/13/2029		406,733
	595,000	Uniti Group LP / Uniti Group Finance, Inc. / CSL Capital LLC(f)	6.50%	02/15/2029		597,318
	135,000	Vornado Realty LP	2.15%	06/01/2026		136,897
	455,000	Welltower, Inc.	2.80%	06/01/2031		470,609
						7,815,899
Retail - 0.24%
	230,000	Academy, Ltd.(f)	6.00%	11/15/2027		246,637
	85,000	Ambience Merger Sub, Inc.(f)	7.13%	07/15/2029		86,063
	27,000	Asbury Automotive Group, Inc.	4.50%	03/01/2028		27,796
	27,000	Asbury Automotive Group, Inc.	4.75%	03/01/2030		28,262

Principal Amount/Description			Rate	Maturity	Value
$	745,000	Dollar Tree, Inc.	4.00%	05/15/2025	$	823,046
	120,000	Ferrellgas LP / Ferrellgas Finance Corp.(f)	5.38%	04/01/2026		119,113
	235,000	Golden Nugget, Inc.(f)	6.75%	10/15/2024		237,695
	335,000	Home Depot, Inc.	3.90%	06/15/2047		398,428
	195,000	IRB Holding Corp.(f)	6.75%	02/15/2026		202,215
	370,000	McDonald's Corp.	3.60%	07/01/2030		416,433
	370,000	McDonald's Corp.	4.45%	03/01/2047		455,150
	190,000	Park River Holdings, Inc.(f)	5.63%	02/01/2029		185,131
	945,000	PetSmart, Inc. / PetSmart Finance Corp.(f)	7.75%	02/15/2029		1,043,044
	190,000	SRS Distribution, Inc.(f)	4.63%	07/01/2028		194,513
	125,000	Staples, Inc.(f)	7.50%	04/15/2026		129,625
	195,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.(f)	5.00%	06/01/2031		199,875
	80,000	Victoria's Secret & Co.(f)	4.63%	07/15/2029		80,000
						4,873,026
Semiconductors - 0.09%
	669,000	Broadcom, Inc.(f)	3.42%	04/15/2033		703,328
	745,000	Marvell Technology, Inc.(f)	4.20%	06/22/2023		792,314
	270,000	Texas Instruments, Inc.	1.75%	05/04/2030		268,851
						1,764,493
Services: Business - 0.01%
	120,000	NESCO Holdings II, Inc.(f)	5.50%	04/15/2029		125,400
Software - 0.11%
	515,000	Activision Blizzard, Inc.	1.35%	09/15/2030		482,426
	175,000	Clarivate Science Holdings Corp.(f)	4.88%	06/30/2029		179,813
	535,000	Oracle Corp.	3.85%	04/01/2060		569,495
	945,000	Roper Technologies, Inc.	1.75%	02/15/2031		909,017
						2,140,751
Special Purpose Banks - 0.01%
	160,000	Caesars Resort Collection LLC / CRC Finco, Inc.(f)	5.25%	10/15/2025		162,200
Telecommunications - 0.46%
	500,000	AT&T, Inc.	4.30%	02/15/2030		578,369
	205,000	AT&T, Inc.	2.75%	06/01/2031		213,308
	1,395,000	AT&T, Inc.(f)	3.50%	09/15/2053		1,403,632
	185,000	Avaya, Inc.(f)	6.13%	09/15/2028		198,255
	1,675,000	Embarq Corp Eq 7.995 06/01/36	8.00%	06/01/2036		1,900,957
	45,000	Frontier Communications Holdings LLC(f)	5.88%	10/15/2027		48,262
	85,000	Frontier Communications Holdings LLC(f)	5.00%	05/01/2028		87,982
	315,000	Frontier Communications Holdings LLC(f)	6.75%	05/01/2029		335,560
	80,000	GTT Communications, Inc.(f)	7.88%	12/31/2024		7,531
	1,100,000	Intelsat Jackson Holdings SA(f)(g)	8.50%	10/15/2024		652,932
	160,000	Lumen Technologies, Inc.(f)	5.13%	12/15/2026		166,588
	145,000	Lumen Technologies, Inc.(f)	4.00%	02/15/2027		148,081
	365,000	T-Mobile USA, Inc.	2.25%	02/15/2026		368,194
	125,000	T-Mobile USA, Inc.	3.38%	04/15/2029		129,303
	25,000	T-Mobile USA, Inc.(f)	3.38%	04/15/2029		25,861
	1,000,000	T-Mobile USA, Inc.	3.88%	04/15/2030		1,121,250
	50,000	T-Mobile USA, Inc.	2.88%	02/15/2031		49,688
	500,000	Verizon Communications, Inc.	3.15%	03/22/2030		540,317
	670,000	Verizon Communications, Inc.	4.40%	11/01/2034		799,056
	45,000	Verizon Communications, Inc.	2.65%	11/20/2040		43,385

Principal Amount/Description			Rate	Maturity	Value
$	155,000	Zayo Group Holdings, Inc.(f)	4.00%	03/01/2027	$	154,127
	215,000	Zayo Group Holdings, Inc.(f)	6.13%	03/01/2028		219,868
						9,192,506
Transportation - 0.10%
	850,000	CSX Corp.	3.80%	11/01/2046		974,646
	345,000	FedEx Corp.	4.75%	11/15/2045		431,071
	30,000	Kenan Advantage Group, Inc.(f)	7.88%	07/31/2023		30,030
	500,000	Union Pacific Corp.	3.70%	03/01/2029		563,531
						1,999,278
Trucking & Leasing - 0.02%
	380,000	Penske Truck Leasing Co. LP / PTL Finance Corp.(f)	4.20%	04/01/2027		428,484
Water - 0.02%
	440,000	Essential Utilities, Inc.	2.70%	04/15/2030		457,324
TOTAL U.S. CORPORATE BONDS
(Cost $134,732,018)						139,806,192
CONVERTIBLE CORPORATE BONDS - 0.86%
	2,036,407	BlackRock Capital Investment Corp.	5.00%	06/15/2022		2,064,484
	6,854,823	BlackRock TCP Capital Corp.	4.63%	03/01/2022		7,017,968
	96,925	Digicel Group Holdings, Ltd.(a)(f)(h)	5.09% (7.00%)	Perpetual Maturity		75,369
	1,422,000	Goldman Sachs BDC, Inc.	4.50%	04/01/2022		1,462,954
	6,000,000	New Mountain Finance Corp.	5.75%	08/15/2023		6,420,300
TOTAL CONVERTIBLE CORPORATE BONDS
(Cost $15,946,312)						17,041,075
FOREIGN GOVERNMENT BONDS AND NOTES, SUPRANATIONALS AND FOREIGN AGENCIES - 0.84%
	750,000	Abu Dhabi Government International Bond(d)	3.13%	09/30/2049		767,138
	200,000	Brazilian Government International Bond	3.75%	09/12/2031		197,600
	200,000	Brazilian Government International Bond	5.00%	01/27/2045		202,955
	400,000	Brazilian Government International Bond	5.63%	02/21/2047		436,910
	650,000	Brazilian Government International Bond	4.75%	01/14/2050		632,489
	300,000	Chile Government International Bond	3.50%	01/25/2050		314,869
	700,000	Chile Government International Bond	3.10%	01/22/2061		672,287
	600,000	Colombia Government International Bond	3.25%	04/22/2032		589,176
	200,000	Colombia Government International Bond	5.00%	06/15/2045		213,190
	600,000	Colombia Government International Bond	4.13%	05/15/2051		570,504
	600,000	Dominican Republic International Bond(f)	6.40%	06/05/2049		646,500

Principal Amount/Description			Rate	Maturity	Value
$	200,000	Dominican Republic International Bond(d)	5.88%	01/30/2060	$	199,800
	200,000	El Salvador Government International Bond(d)	7.13%	01/20/2050		171,000
	600,000	Export Import Bank of Thailand(e)	3M US L + 0.90%	11/20/2023		605,748
	200,000	Indonesia Government International Bond	3.38%	04/15/2023		210,345
	200,000	Indonesia Government International Bond	4.35%	01/11/2048		227,605
	500,000	Indonesia Government International Bond	3.70%	10/30/2049		525,791
	200,000	Korea Development Bank	1.00%	09/09/2026		198,414
	500,000	Malaysia Wakala Sukuk Bhd(f)	2.07%	04/28/2031		506,040
	250,000	Malaysia Wakala Sukuk Bhd(f)	3.08%	04/28/2051		260,189
	1,075,000	Mexico Government International Bond	3.75%	01/11/2028		1,172,690
	550,000	Mexico Government International Bond	4.28%	08/14/2041		578,677
	750,000	Mexico Government International Bond	4.60%	02/10/2048		807,349
	500,000	Mexico Government International Bond	4.50%	01/31/2050		532,650
	400,000	Mexico Government International Bond	3.77%	05/24/2061		373,050
	900,000	Panama Government International Bond	3.87%	07/23/2060		921,240
	400,000	Perusahaan Penerbit SBSN Indonesia III(d)	3.80%	06/23/2050		420,032
	800,000	Peruvian Government International Bond	3.30%	03/11/2041		810,176
	100,000	Peruvian Government International Bond	3.55%	03/10/2051		103,971
	200,000	Philippine Government International Bond	2.46%	05/05/2030		208,398
	350,000	Philippine Government International Bond	1.65%	06/10/2031		338,542
	550,000	Philippine Government International Bond	3.70%	03/01/2041		596,343
	200,000	Philippine Government International Bond	3.70%	02/02/2042		216,235
	400,000	Saudi Government International Bond(f)	2.90%	10/22/2025		428,722
	200,000	Saudi Government International Bond(d)	2.88%	03/04/2023		207,792
	350,000	Saudi Government International Bond(d)	3.75%	01/21/2055		370,747
	200,000	Saudi Government International Bond(d)	3.45%	02/02/2061		200,143
	200,000	Ukraine Government International Bond(d)	7.25%	03/15/2033		208,870
TOTAL FOREIGN GOVERNMENT BONDS AND NOTES, SUPRANATIONALS AND FOREIGN AGENCIES
(Cost $16,095,764)						16,644,177

Principal Amount/Description			Rate	Maturity	Value
BANK LOANS - 2.03%(e)
Cayman Islands - 0.05%
$	1,032,388	Grab Holdings, Inc., First Lien  - Initial Term Loan	3M US L + 4.50%, 1.00% Floor	01/29/2026	$	1,050,455
Ireland - 0.03%
	680,000	ION Trading Finance, Ltd., First Lien  - Initial Dollar (2021) Term Loan	3M US L + 4.75%	04/01/2028		683,825
Luxembourg - 0.13%
	705,000	Curium BidCo SARL, Second Lien Term Loan	3M US L + 7.75%	10/27/2028		719,100
	1,514,384	Travelport Finance SARL, First Lien  - Initial (Priority) Term Loan	3M US L + 8.00%, 1.00% Floor	02/28/2025		1,592,269
	336,921	Travelport Finance SARL, First Lien  - Initial Term Loan	3M US L + 5.00%	05/29/2026		308,810
						2,620,179
Netherlands - 0.06%
	1,245,285	Bright Bidco B.V., First Lien  - 2018 Refinancing B Term Loan	3M US L + 3.50%, 1.00% Floor	06/30/2024		1,046,425
	5,736	Lealand Finance Company B.V., First Lien  - Make-Whole Term Loan	1M US L + 3.00%	06/28/2024		3,729
	72,861	Lealand Finance Company B.V., First Lien  - Take-Back Term Loan	1M US L + 4.00%	06/30/2025		33,607
						1,083,761
United States - 1.76%
	405,000	AAdvantage Loyality IP, Ltd., First Lien  - Initial Term Loan	3M US L + 3.00%, 0.75% Floor	04/20/2028		422,745
	325,000	Aegion Corp., First Lien  - Initial Term Loan	3M US L + 4.75%, 0.75% Floor	05/17/2028		329,063
	1,254,141	Air Methods Corp., First Lien  - Initial Term Loan	3M US L + 3.50%, 1.00% Floor	04/22/2024		1,238,677
	1,195,585	American Tire Distributors, Inc., First Lien  - Initial Term Loan	1M US L + 7.50%, 1.00% Floor	09/02/2024		1,198,275
	590,000	American Trailer World Corp., First Lien  - Initial Term Loan	1M US L + 3.75%, 0.75% Floor	03/03/2028		589,909
	1,975,000	Applied Systems, Inc., Second Lien  - 2021 Term Loan	3M US L + 5.50%, 0.75% Floor	09/19/2025		2,008,081
	295,000	Asurion LLC, Second Lien  - New B-3 Term Loan	1M US L + 5.25%	01/31/2028		297,766
	975,000	Atlas Purchaser, Inc., First Lien  - Initial Term Loan	3M US L + 3.00%, 0.75% Floor	05/08/2028		961,389
	200,000	Blackhawk Network Holdings, Inc., Second Lien	1M US L + 7.00%	06/15/2026		199,500
	1,008,763	Cengage Learning, Inc., First Lien  - 2016 Refinancing Term Loan	3M US L + 4.25%, 1.00% Floor	06/07/2023		1,011,648
	735,000	Cengage Learning, Inc., TLB	3M US L + 5.00%	06/29/2026		736,841
	240,723	ClubCorp Holdings, Inc., First Lien  - B Term Loan	3M US L + 2.75%	09/18/2024		231,818
	2,350,000	Constant Contact, Inc., Second Lien  - Initial Term Loan	3M US L + 7.50%, 0.75% Floor	02/12/2029		2,326,500
	2,197,416	Cvent, Inc., First Lien Term Loan	1M US L + 3.75%	11/29/2024		2,174,343
	905,000	DCert Buyer, Inc., Second Lien  - First Amendment Refinancing Term Loan	1M US L + 7.00%	02/19/2029		915,561

Principal Amount/Description			Rate	Maturity	Value
$	760,000	DG Investment Intermediate Holdings 2, Inc., Second Lien  - Initial Term Loan	1M US L + 6.75%, 0.75% Floor	03/30/2029	$	761,425
	112,191	Dhanani Group, Inc., First Lien Term Loan	1M US L + 3.75%	07/20/2025		111,630
	1,101,460	Envision Healthcare Corp., First Lien  - Initial Term Loan	1M US L + 3.75%	10/10/2025		946,567
	1,475,000	Envision Healthcare Corp., First Lien  - Series 2020 New Term Loan	1M US L + 3.75%, 1.00% Floor	10/10/2025		1,188,754
	454,276	Forterra Finance LLC, First Lien  - Replacement Term Loan	1M US L + 3.00%, 1.00% Floor	10/25/2023		454,930
	1,370,738	Gainwell Acquisition Corp., First Lien  - B Term Loan	3M US L + 4.00%, 0.75% Floor	10/01/2027		1,377,591
	451,807	Global Medical Response, Inc., First Lien  - 2018 New Term Loan	3M US L + 4.25%, 1.00% Floor	03/14/2025		453,580
	400,000	Gogo Intermediate Holdings LLC	3M US L + 3.75%, 0.75% Floor	04/30/2028		399,900
	990,969	Gulf Finance LLC, First Lien  - Tranche B Term Loan	1M US L + 5.25%, 1.00% Floor	08/25/2023		843,919
	453,862	Ivanti Software, Inc., First Lien  - Initial Term Loan	1M US L + 3.00%, 1.00% Floor	12/01/2027		455,217
	1,126,942	Minotaur Acquisition, Inc., First Lien  - B Term Loan	1M US L + 4.75%	03/27/2026		1,128,114
	490,276	Misys, Ltd., First Lien  - Dollar Term Loan	3M US L + 3.50%, 1.00% Floor	06/13/2024		483,368
	705,000	Misys, Ltd., Second Lien  - Dollar Term Loan	3M US L + 7.25%, 1.00% Floor	06/13/2025		714,035
	1,135,000	Mitchell International, Inc., Second Lien  - Initial Term Loan	1M US L + 7.25%	12/01/2025		1,137,837
	469,203	MLN US HoldCo LLC, First Lien  - B Term Loan	1M US L + 4.50%	11/30/2025		431,845
	43,906	OneDigital Borrower LLC, First Lien  - Delayed Draw Term Loan	3M US L + 4.50%, 0.75% Floor	11/16/2027		44,144
	1,361,094	OneDigital Borrower LLC, First Lien  - Initial Term Loan	3M US L + 4.50%, 0.75% Floor	11/16/2027		1,368,471
	1,021,429	Peak 10 Holding Corp., First Lien  - Initial Term Loan	3M US L + 3.50%	08/01/2024		941,538
	1,278,575	Riverbed Technology, Inc., First Lien  - 2020 Extension Term Loan	3M US L + 6.00%, 1.00% Floor	12/31/2025		1,217,843
	230,000	Solenis Holdings LLC, Second Lien  - Initial Term Loan	3M US L + 8.50%	06/26/2026		230,834
	977,141	Team Health Holdings, Inc., First Lien  - Initial Term Loan	1M US L + 2.75%, 1.00% Floor	02/06/2024		951,897
	680,000	TIBCO Software, Inc., Second Lien	1M US L + 7.25%	03/03/2028		691,795
	1,102,159	Travel Leaders Group LLC, First Lien  - 2018 Refinancing Term Loan	1M US L + 4.00%	01/25/2024		1,063,997
	1,741,234	Vantage Specialty Chemicals, Inc., First Lien  - Closing Date Term Loan	3M US L + 3.50%, 1.00% Floor	10/28/2024		1,701,882

Principal Amount/Description			Rate	Maturity	Value
$	1,261,797	WaterBridge Midstream Operating LLC, First Lien  - Initial Term Loan	3M US L + 5.75%, 1.00% Floor	06/22/2026	$	1,213,130
						34,956,359
TOTAL BANK LOANS
(Cost $39,180,321)						40,394,579
COLLATERALIZED LOAN OBLIGATIONS - 3.29%
		Adams Mill CLO, Ltd.
	500,000	Series 2014-1A(e)(f)	3M US L + 3.50%	07/15/2026		500,847
		AIMCO CLO
	500,000	Series 2018-AA(e)(f)	3M US L + 2.55%	04/17/2031		493,534
		AIMCO CLO 10, Ltd.
	1,000,000	Series 2019-10A(e)(f)	3.55% - 3M US L	07/22/2032		1,001,812
		Apidos CLO XII
	500,000	Series 2018-12A(e)(f)	3M US L + 2.60%	04/15/2031		482,675
		Apidos CLO XX
	500,000	Series 2018-20A(e)(f)	3M US L + 2.95%	07/16/2031		495,693
		Apidos CLO XXI
	500,000	Series 2018-21A(e)(f)	3M US L + 2.45%	07/18/2027		500,308
	1,000,000	Series 2018-21A(e)(f)	3M US L + 8.25%	07/18/2027		941,737
		Apidos CLO XXIV
	1,000,000	Series 2018-24A(e)(f)	3M US L + 5.80%	10/20/2030		942,500
		Babson CLO, Ltd.
	500,000	Series 2018-IA(e)(f)	3M US L + 2.60%	01/20/2031		495,222
		Bain Capital Credit CLO 2017-2, Ltd.
	500,000	Series 2021-2A(e)(f)	3M US L + 6.50%	07/25/2034		495,000
	1,000,000	Series 2021-2A(e)(f)	3M US L + 3.10%	07/25/2034		1,000,000
		Barings CLO, Ltd.
	500,000	Series 2017-1A(e)(f)	3M US L + 3.60%	07/18/2029		501,200
	500,000	Series 2018-4A(e)(f)	3M US L + 5.82%	10/15/2030		501,392
		Barings CLO, Ltd. 2019-I
	1,500,000	Series 2021-1A(e)(f)	3M US L + 6.86%	04/15/2036		1,503,964
		Barings CLO, Ltd. 2019-II
	500,000	Series 2021-2A(e)(f)	3M US L + 3.41%	04/15/2036		500,375
		Beechwood Park CLO, Ltd.
	500,000	Series 2019-1A(e)(f)	3M US L + 7.50%	01/17/2033		503,674
		BlueMountain CLO, Ltd.
	500,000	Series 2018-3A(e)(f)	3M US L + 2.60%	04/20/2031		471,619
		BlueMountain Fuji US CLO II, Ltd.
	1,000,000	Series 2017-2A(e)(f)	3M US L + 3.00%	10/20/2030		987,605
		Buttermilk Park CLO, Ltd.
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.75%	10/15/2031		981,503
		Canyon Capital CLO 2016-2, Ltd.
	500,000	Series 2018-2A(e)(f)	3M US L + 3.15%	10/15/2031		500,027
		Canyon Capital CLO 2019-1, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 7.09%	04/15/2032		500,000
		Canyon Capital CLO 2021-2, Ltd.
	1,250,000	Series 2021-2A(e)(f)	3M US L + 3.35%	04/15/2034		1,252,768
		Canyon Capital CLO, Ltd.
	500,000	Series 2017-1A(e)(f)	3M US L + 3.60%	07/15/2030		500,726
	1,000,000	Series 2018-1A(e)(f)	3M US L + 2.75%	01/30/2031		965,000
	1,500,000	Series 2018-1A(e)(f)	3M US L + 5.50%	01/30/2031		1,397,382
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.75%	07/15/2031		961,932
	500,000	Series 2018-1A(e)(f)	3M US L + 2.80%	07/15/2031		497,197
	500,000	Series 2018-1RA(e)(f)	3M US L + 3.00%	07/15/2030		501,250
		Canyon CLO 2021-3, Ltd.
	1,000,000	Series 2021-3A(e)(f)	3M US L + 3.05%	07/15/2034		1,000,000

Principal Amount/Description			Rate	Maturity	Value
		Canyon CLO, Ltd.
$	500,000	Series 2018-1A(e)(f)	3M US L + 2.90%	07/15/2031	$	493,466
		Carlyle Global Market Strategies CLO 2016-3, Ltd.
	1,000,000	Series 2021-3A(e)(f)	3M US L + 3.30%	07/20/2034		1,000,000
		Carlyle Global Market Strategies CLO, Ltd.
	1,000,000	Series 2018-2RA(e)(f)	3M US L + 5.35%	05/15/2031		921,815
	500,000	Series 2018-3A(e)(f)	3M US L + 2.85%	07/28/2028		498,842
		Carlyle US CLO 2021-1, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 6.00%	04/15/2034		494,913
		Chenango Park CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 3.00%	04/15/2030		494,551
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.80%	04/15/2030		978,748
		Cook Park CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 2.60%	04/17/2030		499,478
		Crown Point CLO IV, Ltd.
	500,000	Series 2018-4A(e)(f)	3M US L + 1.90%	04/20/2031		494,766
		Dorchester Park CLO DAC
	500,000	Series 2018-1A(e)(f)	3M US L + 2.40%	04/20/2028		502,020
	875,000	Series 2018-1A(e)(f)	3M US L + 5.00%	04/20/2028		867,010
		Dryden 57 CLO, Ltd.
	500,000	Series 2018-57A(e)(f)	3M US L + 2.55%	05/15/2031		490,474
		Dryden 60 CLO, Ltd.
	1,000,000	Series 2018-60A(e)(f)	3M US L + 3.00%	07/15/2031		1,001,257
		Elmwood CLO IX, Ltd.
	500,000	Series 2021-2A(e)(f)	3M US L + 2.94%	07/20/2034		500,000
	500,000	Series 2021-2A(e)(f)	3M US L + 5.94%	07/20/2034		500,000
		Fillmore Park CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 2.90%	07/15/2030		498,293
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.40%	07/15/2030		972,887
		Gilbert Park CLO, Ltd.
	1,000,000	Series 2017-1A(e)(f)	3M US L + 6.40%	10/15/2030		1,004,967
		Goldentree Loan Management US CLO, Ltd.
	1,000,000	Series 2018-3A(e)(f)	3M US L + 2.85%	04/20/2030		995,500
		KVK CLO 2018-1, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 3.00%	05/20/2029		499,277
		Milos CLO, Ltd.
	500,000	Series 2020-1A(e)(f)	3M US L + 6.15%	10/20/2030		494,050
		Myers Park CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 3.05%	10/20/2030		502,507
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.50%	10/20/2030		986,749
		Neuberger Berman CLO XXIII, Ltd.
	1,000,000	Series 2018-23A(e)(f)	3M US L + 5.75%	10/17/2027		985,708
		Neuberger Berman Loan Advisers CLO 37, Ltd.
	500,000	Series 2021-37A(e)(f)	3M US L + 5.75%	07/20/2031		500,000
		Neuberger Berman Loan Advisers CLO 42, Ltd.
	500,000	Series 2021-42A(e)(f)	3M US L + 5.95%	07/16/2035		500,000
		Point Au Roche Park CLO, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 6.13%	07/20/2034		500,000
		PPM CLO 3, Ltd.
	1,000,000	Series 2021-3A(e)(f)	3M US L + 3.20%	04/17/2034		1,002,283
		Rockland Park CLO, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 6.25%	04/20/2034		499,958
		Sound Point CLO XXIII
	500,000	Series 2021-2A(e)(f)	3M US L + 3.30%	07/15/2034		500,002
		Sound Point CLO XXIV
	1,375,000	Series 2019-3A(e)(f)	3M US L + 7.31%	10/25/2032		1,392,172

Principal Amount/Description			Rate	Maturity	Value
		Sound Point CLO XXVI, Ltd.
$	500,000	Series 2021-1A(e)(f)	3M US L + 3.35%	07/20/2034	$	500,000
		Sound Point CLO XXVIII, Ltd.
	1,000,000	Series 2020-3A(e)(f)	3M US L + 6.90%	01/25/2032		1,004,573
		Stewart Park CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 2.60%	01/15/2030		496,015
		Symphony CLO XVII, Ltd.
	1,500,000	Series 2018-17A(e)(f)	3M US L + 2.65%	04/15/2028		1,502,011
		Thayer Park CLO, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 6.25%	04/20/2034		497,141
		THL Credit Wind River 2017-1 CLO, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 3.91%	04/18/2036		495,115
		THL Credit Wind River 2017-3 CLO, Ltd.
	750,000	Series 2021-3A(e)(f)	3M US L + 3.88%	04/15/2035		760,312
	500,000	Series 2021-3A(e)(f)	3M US L + 7.08%	04/15/2035		500,825
		THL Credit Wind River CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	2.90% - 3M US L	07/15/2030		484,223
	2,000,000	Series 2018-1A(e)(f)	5.50% - 3M US L	07/15/2030		1,935,701
	1,000,000	Series 2018-1A(e)(f)	3M US L + 3.00%	07/18/2031		964,552
	1,000,000	Series 2018-2A(e)(f)	3M US L + 5.75%	07/15/2030		968,168
	1,000,000	Series 2018-3A(e)(f)	3M US L + 6.22%	10/22/2031		935,495
		Tryon Park CLO, Ltd.
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.95%	04/15/2029		1,002,989
		Upland CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 2.90%	04/20/2031		498,173
		Venture XX CLO, Ltd.
	1,000,000	Series 2017-20A(e)(f)	3M US L + 1.90%	04/15/2027		1,002,710
		VERDE CLO, Ltd.
	1,000,000	Series 2021-1A(e)(f)	3M US L + 3.25%	04/15/2032		1,001,637
		VOYA CLO 2017-2
	1,000,000	Series 2017-2A(e)(f)	3M US L + 6.02%	06/07/2030		982,050
		Voya CLO, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 2.80%	04/18/2031		483,569
	1,000,000	Series 2018-2A(e)(f)	3M US L + 2.75%	07/15/2031		970,829
	1,000,000	Series 2018-2A(e)(f)	3M US L + 5.25%	07/15/2031		946,250
	500,000	Series 2018-3A(e)(f)	3M US L + 6.20%	10/20/2031		461,383
	500,000	Series 2018-4A(e)(f)	3M US L + 5.95%	07/14/2031		467,853
		Webster Park CLO, Ltd.
	1,000,000	Series 2018-1A(e)(f)	5.50% - 3M US L	07/20/2030		987,500
		Wind River 2013-1 CLO, Ltd.
	500,000	Series 2017-1A(e)(f)	3M US L + 3.65%	07/20/2030		501,141
		Wind River 2014-3 CLO, Ltd.
	1,500,000	Series 2018-3A(e)(f)	3M US L + 3.40%	10/22/2031		1,460,700
		Wind River 2021-2 CLO, Ltd.
	500,000	Series 2021-2A(e)(f)	3M US L + 6.43%	07/20/2034		497,897
TOTAL COLLATERALIZED LOAN OBLIGATIONS
(Cost $65,755,165)						65,257,447
EQUITY - LINKED NOTES - 0.00%
	263,093	Inverpamplona SA(i)(k)(l)	0.00%	12/30/2028		–
TOTAL EQUITY - LINKED NOTES
(Cost $11,250)						–
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS - 24.07%
		Aaset Trust
	431,394	Series 2019-2(f)	3.38%	10/16/2026		423,630

Principal Amount/Description			Rate	Maturity	Value
		AASET, Ltd.
$	504,308	Series 2018-1A(f)	3.84%	09/16/2023	$	496,644
		ABFC Trust
	3,134,893	Series 2007-WMC1(e)	1M US L + 1.25%	06/25/2037		2,786,654
		Accredited Mortgage Loan Trust
	20,585,000	Series 2006-2(e)	1M US L + 0.29%	09/25/2036		17,455,312
		Adjustable Rate Mortgage Trust
	2,597,501	Series 2005-10(e)	2.99%	01/25/2036		2,329,114
		Affirm Asset Securitization Trust
	1,750,000	Series 2020-A(f)	6.23%	10/17/2022		1,799,182
		Alternative Loan Trust
	196,465	Series 2005-20CB	5.50%	07/25/2035		187,127
	75,458	Series 2005-54CB	5.50%	11/25/2035		58,147
	856,382	Series 2005-85CB(e)	1M US L + 1.10%	02/25/2036		729,579
	180,854	Series 2005-85CB(e)	21.63% - 3.67 x 1M US L	02/25/2036		232,295
	228,698	Series 2005-86CB	5.50%	02/25/2036		185,753
	212,869	Series 2005-9CB(e)	1M US L + 0.50%	05/25/2035		195,859
	378,056	Series 2005-9CB(e)(m)	5.05% - 1M US L	05/25/2035		38,298
	1,194,254	Series 2006-15CB	6.50%	06/25/2036		898,502
	135,059	Series 2006-30T1	6.25%	11/25/2036		121,540
	113,439	Series 2006-32CB	5.50%	11/25/2036		88,712
	272,702	Series 2006-36T2(e)	28.06% - 4.6 x 1M US L	12/25/2036		427,778
	925,082	Series 2007-19	6.00%	08/25/2037		668,860
	3,059,503	Series 2007-20	6.25%	08/25/2047		2,395,966
	880,811	Series 2007-23CB(e)	1M US L + 0.50%	09/25/2037		381,912
	841,028	Series 2007-23CB(e)(m)	6.50% - 1M US L	09/25/2037		272,842
		American Home Mortgage Investment Trust
	165,910	Series 2007-A(f)(n)	6.60%	01/25/2037		56,630
		AMSR
	5,100,000	Series 2020-SFR3(f)	4.99%	09/17/2025		5,302,386
	5,000,000	Series 2021-SFR1(e)(f)	4.97%	06/17/2028		5,155,515
		Arbor Realty Collateralized Loan Obligation, Ltd.
	800,000	Series 2021-FL2(e)(f)	1M US L + 1.60%	04/15/2026		802,801
	800,000	Series 2021-FL2(e)(f)	1M US L + 1.95%	07/15/2026		804,289
		AREIT Trust
	1,265,000	Series 2019-CRE3(e)(f)	1M US L + 2.65%	07/14/2022		1,244,294
		Atlas Senior Loan Fund X, Ltd.
	491,101	Series 2018-10A(e)(f)	3M US L + 1.09%	01/15/2031		491,297
		Atrium Hotel Portfolio Trust
	1,309,000	Series 2018-ATRM(e)(f)	1M US L + 3.40%	06/15/2035		1,289,008
		Atrium IX
	500,000	Series 2017-9A(e)(f)	3M US L + 3.60%	05/28/2030		500,617
		Atrium XIII
	1,000,000	Series 2017-13A(e)(f)	3M US L + 6.05%	11/21/2030		982,714
		Atrium XIV LLC
	1,000,000	Series 2018-14A(e)(f)	3M US L + 5.65%	08/23/2030		985,304
		Atrium XV
	1,000,000	Series 2018-15A(e)(f)	3M US L + 3.00%	01/23/2031		1,001,473
		BAMLL Commercial Mortgage Securities Trust
	683,000	Series 2019-AHT(e)(f)	2.57%	03/15/2034		684,681
		Banc of America Commercial Mortgage Trust
	600,000	Series 2015-UBS7(e)	4.50%	09/15/2025		632,669
		Banc of America Commercial Mortgage Trust 2016-UBS10
	1,045,000	Series 2016-UB10(e)	5.02%	05/15/2026		1,140,995

Principal Amount/Description			Rate	Maturity	Value
		Banc of America Funding Trust
$	129,697	Series 2006-2	5.50%	03/25/2036	$	132,385
	3,052,533	Series 2010-R5(e)(f)	6.00%	10/26/2037		2,888,968
		Bancorp Commercial Mortgage Trust
	605,000	Series 2019-CRE5(e)(f)	1M US L + 1.50%	01/15/2022		605,276
	1,312,000	Series 2019-CRE5(e)(f)	1M US L + 2.35%	02/15/2022		1,306,554
		BANK
	200,000	Series 2017-BNK5(e)	4.40%	06/15/2027		218,227
	463,000	Series 2018-BN10(e)	4.08%	01/15/2028		517,792
	10,291,000	Series 2018-BN12(e)(f)(m)	1.50%	05/15/2061		808,458
		BANK 2020-BNK27
	16,875,000	Series 2020-BN27(e)(f)(m)	0.83%	04/15/2030		904,770
		BANK 2020-BNK28
	523,000	Series 2020-BN28	2.34%	10/15/2030		523,373
		BANK 2021-BNK32
	10,645,583	Series 2021-BN32(e)(m)	0.89%	04/15/2054		640,803
		BBCMS Trust
	3,000,000	Series 2018-CBM(e)(f)	1M US L + 3.55%	07/15/2037		2,986,287
		BCAP, LLC Trust
	115,581	Series 2007-AA2(e)	7.50%	04/25/2037		87,167
	74,991	Series 2007-AA2	6.00%	04/25/2037		54,878
	5,572,076	Series 2010-RR6(e)(f)	4.41%	07/26/2036		4,143,397
		Bear Stearns ALT-A Trust
	7,479,814	Series 2006-3(e)	2.70%	05/25/2036		6,389,343
	918,158	Series 2006-6(e)	3.34%	11/25/2036		641,845
		Bear Stearns Asset-Backed Securities Trust
	1,843,380	Series 2006-AC1(n)	6.25%	02/25/2036		1,255,201
		Bellemeade Real Estate, Ltd.
	1,469,148	Series 2019-2A(e)(f)	1M US L + 1.45%	04/25/2029		1,470,501
		Benchmark Mortgage Trust
	12,453,921	Series 2018-B2(e)(m)	0.56%	01/15/2028		250,321
	600,000	Series 2018-B2(e)	4.35%	01/15/2028		660,184
	22,299,966	Series 2018-B4(e)(m)	0.67%	06/15/2028		579,538
	1,589,000	Series 2018-B4(e)(f)	2.96%	07/15/2028		1,477,465
	528,000	Series 2019-B12(e)(f)	3.56%	07/15/2024		526,013
	954,000	Series 2020-B17(e)	3.37%	03/15/2030		993,342
	522,000	Series 2020-B18(f)	4.14%	08/15/2025		530,934
	488,000	Series 2020-B18(e)	3.77%	07/15/2030		523,755
	523,000	Series 2020-B19	2.35%	09/15/2030		523,794
		BF Mortgage Trust
	705,000	Series 2019-NYT(e)(f)	1M US L + 3.00%	12/15/2035		695,627
		BHP Trust
	532,700	Series 2019-BXHP(e)(f)	1M US L + 2.57%	08/15/2021		533,885
		Blackbird Capital Aircraft
	1,500,000	Series 2021-1A(f)	3.45%	07/15/2028		1,515,060
		BSPRT Issuer, Ltd.
	650,000	Series 2021-FL6(e)(f)	1M US L + 1.10%	03/15/2036		650,571
		BX Trust
	3,600,000	Series 2019-OC11(e)(f)	4.08%	12/09/2029		3,787,036
		Cantor Commercial Real Estate Lending
	266,000	Series 2019-CF1(e)(f)	4.14%	04/15/2024		268,732
	1,113,000	Series 2019-CF1(e)(f)	4.12%	04/15/2024		1,103,762
		Carbon Capital VI Commercial Mortgage Trust
	680,000	Series 2019-FL2(e)(f)	1M US L + 2.85%	11/15/2021		652,990
		Carvana Auto Receivables Trust
	5,300	Series 2021-N1(f)(i)	0.00%	01/10/2028		2,995,910
	5,250	Series 2021-N2(f)(i)	0.00%	03/10/2028		2,964,443

Principal Amount/Description			Rate	Maturity	Value
		Cascade MH Asset Trust
$	4,601,000	Series 2019-MH1(e)(f)	5.99%	10/25/2024	$	4,788,346
		Castlelake Aircraft Securitization Trust
	3,098,951	Series 2018-1(f)	6.63%	06/15/2025		2,386,344
		Castlelake Aircraft Structured Trust
	581,295	Series 2019-1A(f)	3.97%	04/15/2026		581,475
	2,750,000	Series 2019-1A(f)(i)	0.00%	04/15/2039		852,500
		CD Mortgage Trust
	750,000	Series 2017-CD4(e)	4.35%	04/10/2027		815,040
		CF Trust
	1,518,000	Series 2019-MF1(e)(f)	1M US L + 2.95%	08/21/2021		1,508,942
		Chase Mortgage Finance Trust
	11,069,292	Series 2007-S2	6.00%	03/25/2037		7,884,365
	378,669	Series 2007-S3	5.50%	05/25/2037		116,611
		CIFC Funding, Ltd.
	850,000	Series 2021-1A(e)(f)	3M US L + 6.00%	04/25/2033		843,544
	500,000	Series 2021-4A(e)(f)	3M US L + 2.85%	07/15/2033		500,000
	500,000	Series 2021-4A(e)(f)	3M US L + 5.95%	07/15/2033		500,000
	2,500,000	Series 2021-5A(e)(f)	3M US L + 6.50%	07/15/2034		2,500,000
		Citicorp Mortgage Securities Trust
	400,686	Series 2007-1	6.00%	01/25/2037		401,367
		Citigroup Commercial Mortgage Trust
	3,537,073	Series 2014-GC25(e)(m)	0.96%	10/10/2047		94,780
	866,000	Series 2015-GC27(e)(f)	4.42%	01/10/2025		863,492
	400,000	Series 2015-GC31(e)	4.05%	06/10/2025		420,035
	344,000	Series 2016-GC36(f)	2.85%	01/10/2026		262,044
	464,000	Series 2017-C4(e)	4.10%	10/12/2027		509,620
	463,000	Series 2018-B2(e)	4.28%	03/10/2028		519,148
	520,000	Series 2019-GC41	3.20%	08/10/2029		554,195
	1,000,000	Series 2019-SMRT(e)(f)	4.75%	01/10/2024		1,053,851
	1,433,000	Series 2020-555(e)(f)	3.50%	12/10/2029		1,134,326
	1,000,000	Series 2020-GC46(f)	2.60%	02/15/2030		820,998
		Citigroup Mortgage Loan Trust
	697,671	Series 2006-WF1(n)	4.85%	03/25/2036		439,675
	1,093,661	Series 2007-OPX1(n)	6.33%	01/25/2037		565,408
		CitiMortgage Alternative Loan Trust
	428,994	Series 2007-A1	6.00%	01/25/2037		434,526
	84,501	Series 2007-A1(e)(m)	5.40% - 1M US L	01/25/2037		14,366
	64,092	Series 2007-A3(e)	6.00%	03/25/2037		66,007
	147,495	Series 2007-A3(e)(m)	5.40% - 1M US L	03/25/2037		25,413
	448,282	Series 2007-A6	5.50%	06/25/2037		423,084
		CLNC, Ltd.
	1,037,000	Series 2019-FL1(e)(f)	1M US L + 1.55%	12/19/2025		1,039,350
		COMM Mortgage Trust
	887,000	Series 2013-CR11(e)	5.11%	09/10/2023		960,492
	400,000	Series 2020-CX(e)(f)	2.68%	11/10/2030		399,339
		Commercial Mortgage Pass-Through Certificates
	242,400	Series 2014-CR19(e)	4.70%	08/10/2024		256,543
	604,000	Series 2014-CR20(e)	4.50%	10/10/2024		629,171
	8,643,268	Series 2014-UBS4(f)	3.75%	08/10/2024		744,316
	11,000	Series 2014-UBS4(e)(f)(i)	0.00%	08/10/2047		1
	3,176,928	Series 2015-CR22(e)(m)	0.89%	03/10/2025		77,262
	916,000	Series 2015-CR25(e)	4.53%	08/10/2025		986,139
	4,513,162	Series 2015-CR26(e)(m)	0.93%	09/10/2025		147,625
	419,000	Series 2015-LC23(e)	4.62%	10/10/2025		453,618

Principal Amount/Description			Rate	Maturity	Value
		CORE Mortgage Trust
$	432,000	Series 2019-CORE(e)(f)	1M US L + 1.90%	12/15/2031	$	430,371
	432,000	Series 2019-CORE(e)(f)	1M US L + 2.35%	12/15/2031		428,362
		Countrywide Home Loan Mortgage Pass-Through Trust
	1,788,075	Series 2005-HYB7(e)	2.76%	11/20/2035		1,651,556
	27,047	Series 2005-J4	5.50%	11/25/2035		26,110
	1,406,309	Series 2006-18	6.00%	12/25/2036		1,093,157
	218,762	Series 2007-17	6.00%	10/25/2037		203,665
	250,203	Series 2007-3	6.00%	04/25/2037		185,904
	265,058	Series 2007-7	5.75%	06/25/2037		193,747
		Credit Suisse First Boston Mortgage Securities Corp.
	57,424	Series 2005-10	5.50%	11/25/2035		52,970
	52,076	Series 2005-8	5.50%	08/25/2025		50,431
	4,138,066	Series 2005-9	6.00%	10/25/2035		1,893,114
		Credit Suisse Mortgage Capital Certificates
	2,188,927	Series 2006-2	5.75%	03/25/2036		1,608,826
		CSAB Mortgage-Backed Trust
	8,781,274	Series 2006-2(n)	6.20%	09/25/2036		899,696
	137,221	Series 2007-1(e)	5.90%	05/25/2037		51,611
		CSAIL Commercial Mortgage Trust
	5,159,676	Series 2015-C1(e)(m)	0.97%	01/15/2025		125,605
	419,000	Series 2015-C4(e)	4.71%	11/15/2025		450,196
	490,000	Series 2016-C6(e)	5.10%	04/15/2026		524,851
	1,362,000	Series 2016-C6(e)(f)	5.10%	05/15/2026		1,224,373
	214,000	Series 2018-C14(e)	5.05%	10/15/2028		237,625
		CSMC Mortgage-Backed Trust
	164,036	Series 2006-1	6.00%	02/25/2036		87,237
	20,824	Series 2006-4	5.50%	05/25/2021		18,718
	788,967	Series 2006-5	6.25%	06/25/2036		278,710
	76,836	Series 2006-9	6.00%	11/25/2036		63,325
	6,227	Series 2007-2	5.00%	03/25/2037		5,919
	498,947	Series 2007-3(e)	5.84%	04/25/2037		188,892
	253,000	Series 2017-CHOP(e)(f)	1M US L + 1.90%	07/15/2032		248,776
	223,000	Series 2017-CHOP(e)(f)	1M US L + 3.30%	07/15/2032		211,536
		CSWF
	327,330	Series 2018-TOP(e)(f)	1M US L + 1.80%	08/15/2035		327,850
		DataBank Issuer
	636,000	Series 2021-1A(f)	2.65%	02/25/2026		644,744
		DB Master Finance LLC
	982,500	Series 2019-1A(f)	3.79%	02/20/2024		999,961
		DBGS Mortgage Trust
	861,313	Series 2018-BIOD(e)(f)	1M US L + 2.00%	05/15/2035		864,215
		DBJPM 16-C1 Mortgage Trust
	1,309,000	Series 2016-C1(e)	3.33%	03/10/2026		1,278,847
		Deutsche Alt-A Securities, Inc. Mortgage Loan Trust
	243,090	Series 2005-6(e)(m)	5.08% - 1M US L	12/25/2035		40,350
	106,591	Series 2005-6(e)	1M US L + 1.40%	12/25/2035		81,681
		Deutsche Mortgage Securities, Inc. Mortgage Loan Trust
	140,385	Series 2006-PR1(e)(f)	12.12% - 1M US L	04/15/2036		151,789
		Diamond Infrastructure Funding LLC
	1,000,000	Series 2021-1A(f)	2.36%	12/20/2026		1,002,428
	2,000,000	Series 2021-1A(f)	3.48%	12/20/2026		2,010,138
		DOLP Trust
	1,000,000	Series 2021-NYC(e)(f)	3.70%	05/10/2031		1,012,742

Principal Amount/Description			Rate	Maturity	Value
		Dryden 38 Senior Loan Fund
$	1,000,000	Series 2018-38A(e)(f)	3M US L + 5.60%	07/15/2030	$	970,324
		Dryden 40 Senior Loan Fund
	1,000,000	Series 2018-40A(e)(f)	3M US L + 5.75%	08/15/2031		975,000
	500,000	Series 2018-40A(e)(f)	3M US L + 3.10%	08/15/2031		502,679
		Dryden 42 Senior Loan Fund
	500,000	Series 2018-42A(e)(f)	3M US L + 2.93%	07/15/2030		500,000
		Extended Stay America Trust
	750,000	Series 2021-ESH(e)(f)	1M US L + 2.25%	07/15/2026		755,111
		Fannie Mae-Aces
	16,980,531	Series 2019-M24(e)(m)	1.15%	03/25/2031		1,559,590
	51,078,307	Series 2019-M7(e)(m)	0.35%	04/25/2029		1,784,702
	56,287,257	Series 2020-M10(e)(m)	0.82%	12/25/2027		2,280,647
	56,831,179	Series 2020-M10(e)(m)	0.87%	07/25/2032		4,226,489
	17,782,471	Series 2020-M13(e)(m)	1.30%	09/25/2030		1,494,551
		First Horizon Alternative Mortgage Securities Trust
	666,221	Series 2005-FA6	5.50%	09/25/2035		551,760
	119,523	Series 2007-FA2	6.00%	04/25/2037		69,592
		First Horizon Mortgage Pass-Through Trust
	811,773	Series 2007-AR3(e)	2.92%	11/25/2037		584,413
		FirstKey Homes
	1,100,000	Series 2020-SFR1(f)	4.28%	09/17/2025		1,140,899
		Fontainebleau Miami Beach Trust
	2,148,000	Series 2019-FBLU(e)(f)	3.96%	12/10/2024		2,100,064
		FREMF Mortgage Trust
	890,367	Series 2015-KF07(e)(f)	1M US L + 4.95%	02/25/2025		895,352
	753,922	Series 2015-KF09(e)(f)	1M US L + 5.35%	05/25/2022		754,722
	1,000,094	Series 2016-KF19(e)(f)	1M US L + 5.50%	06/25/2023		1,003,025
	999,779	Series 2016-KF22(e)(f)	1M US L + 5.05%	07/25/2023		1,012,746
	887,222	Series 2016-KF25(e)(f)	1M US L + 5.00%	10/25/2023		889,475
	825,000	Series 2018-K74(e)(f)	4.23%	02/25/2028		902,726
	2,427,847	Series 2018-KF56(e)(f)	1M US L + 5.80%	11/25/2028		2,451,006
	820,000	Series 2019-K736(e)(f)	3.88%	07/25/2026		876,213
		GAIA Aviation, Ltd.
	512,754	Series 2019-1(f)(n)	3.97%	12/15/2026		510,490
	393,990	Series 2019-1(f)(n)	7.00%	12/15/2026		316,137
		Ginnie Mae Strip
	7,601,083	Series 2020-3(m)	1.40%	09/16/2045		688,187
		Government National Mortgage Association
	27,503,524	Series 2016-162(e)(m)	0.83%	09/16/2058		1,485,146
	19,238,204	Series 2020-168(e)(m)	0.99%	12/16/2062		1,645,011
	21,134,869	Series 2021-52(e)(m)	0.85%	04/16/2063		1,676,407
		Great Wolf Trust
	3,084,000	Series 2019-WOLF(e)(f)	1M US L + 3.13%	12/15/2024		3,035,005
		GS Mortgage Securities Corp. Trust
	1,000,000	Series 2018-RIVR(e)(f)	1M US L + 1.55%	07/15/2035		945,194
		GS Mortgage Securities Trust
	49,119	Series 2011-GC3(e)(f)(k)(m)	0.29%	03/10/2044		0
	464,871	Series 2011-GC5(e)(f)(i)(m)	0.00%	08/10/2044		5
	3,538,000	Series 2014-GC26(e)(f)	4.51%	11/10/2047		2,381,943
	7,086,109	Series 2015-GS1(e)(m)	0.77%	11/10/2025		213,103
	260,000	Series 2016-GS2(e)	3.76%	04/10/2026		279,583
	1,954,000	Series 2018-TWR(e)(f)	1M US L + 3.92%	07/15/2021		1,731,706
	636,000	Series 2020-GC45(e)	3.41%	12/13/2029		682,590
		GSAA Home Equity Trust
	2,120,788	Series 2006-13(e)	6.04%	07/25/2036		958,803
	493,429	Series 2006-18(n)	6.18%	11/25/2036		188,469

Principal Amount/Description			Rate	Maturity	Value
$	156,063	Series 2006-6(e)	5.69%	03/25/2036	$	66,705
	880,666	Series 2007-2(n)	6.60%	03/25/2037		293,762
		GSCG Trust
	1,303,000	Series 2019-600C(e)(f)	3.99%	09/06/2024		1,246,385
		GSR Mortgage Loan Trust
	1,126,159	Series 2006-2F	5.25%	02/25/2036		723,872
	68,456	Series 2007-2F	5.75%	02/25/2037		498,547
	2,197,946	Series 2007-2F	6.00%	03/25/2037		1,711,326
	851,722	Series 2007-AR2(e)	2.84%	05/25/2037		623,818
		Halcyon Loan Advisors Funding, Ltd.
	193,404	Series 2013-2A(e)(f)	3M US L + 2.70%	08/01/2025		193,700
		Hardee's Funding LLC
	972,500	Series 2018-1A(f)	5.71%	06/20/2028		1,095,574
		Hawaii Hotel Trust
	1,391,000	Series 2019-MAUI(e)(f)	1M US L + 2.75%	05/15/2038		1,397,190
		Hayfin Kingsland X, Ltd.
	500,000	Series 2021-1A(e)(f)	3M US L + 1.85%	04/28/2031		500,030
		Highbridge Loan Management 4-2014, Ltd.
	500,000	Series 2018-2014(e)(f)	3M US L + 5.55%	01/28/2030		484,637
		Highbridge Loan Management, Ltd.
	500,000	Series 2017-2A(e)(f)	3M US L + 6.60%	10/20/2029		492,386
	2,000,000	Series 2018-2015(e)(f)	3M US L + 5.10%	02/05/2031		1,901,185
	500,000	Series 2018-2016(e)(f)	3M US L + 2.90%	07/20/2030		490,630
		Horizon Aircraft Finance III, Ltd.
	933,179	Series 2019-2(f)	3.43%	11/15/2026		935,609
		HPLY Trust
	567,847	Series 2019-HIT(e)(f)	1M US L + 3.15%	11/15/2021		558,331
	1,131,627	Series 2019-HIT(e)(f)	1M US L + 3.90%	11/15/2021		1,037,372
		HSI Asset Securitization Corp. Trust
	8,951,772	Series 2006-HE1(e)	1M US L + 0.28%	10/25/2036		3,883,648
	1,512,593	Series 2007-NC1(e)	1M US L + 0.18%	04/25/2037		1,185,996
		IMT Trust
	253,480	Series 2017-APTS(e)(f)	1M US L + 1.10%	06/15/2034		253,707
		IndyMac IMJA Mortgage Loan Trust
	1,044,835	Series 2007-A1	6.00%	08/25/2037		611,491
		IndyMac IMSC Mortgage Loan Trust
	4,644,020	Series 2007-F2	6.50%	07/25/2037		2,390,580
		IndyMac Index Mortgage Loan Trust
	1,876,641	Series 2006-AR25(e)	3.07%	09/25/2036		1,779,420
		Invitation Homes
	995,000	Series 2018-SFR1(e)(f)	1M US L + 1.25%	03/17/2037		998,290
	649,764	Series 2018-SFR1(e)(f)	1M US L + 1.45%	03/17/2037		651,863
		ITE Rail Fund Levered LP
	982,895	Series 2021-1A(f)	2.25%	02/28/2051		991,961
		JOL Air, Ltd.
	853,422	Series 2019-1(f)	3.97%	04/15/2026		854,603
		JP Morgan Alternative Loan Trust
	220,669	Series 2005-S1	6.00%	12/25/2035		201,081
	72,869	Series 2006-S3(n)	6.62%	08/25/2036		72,819
		JP Morgan BB Commercial Mortgage Securities Trust
	400,000	Series 2014-C21(e)	4.80%	07/15/2024		423,645
	2,086,000	Series 2014-C23(e)(f)	3.36%	10/15/2024		1,615,679
	388,000	Series 2014-C26(e)	4.52%	12/15/2024		405,188

Principal Amount/Description			Rate	Maturity	Value
$	4,423,857	Series 2015-C28(e)(m)	1.11%	03/15/2025	$	125,288
	542,000	Series 2015-C28	3.99%	03/15/2025		562,736
	8,628,916	Series 2015-C30(e)(m)	0.65%	07/15/2025		153,325
	3,392,103	Series 2015-C31(e)(m)	0.98%	08/15/2025		102,047
		JP Morgan Chase Commercial Mortgage Securities Corp.
	2,092,000	Series 2018-AON(e)(f)	4.61%	07/05/2023		2,122,027
	915,000	Series 2021-MHC(e)(f)	1M US L + 2.45%	04/15/2026		919,556
		JP Morgan Chase Commercial Mortgage Securities Trust
	21,981	Series 2006-LDP8(e)(k)(m)	0.30%	05/15/2045		0
	1,157,000	Series 2011-C3(e)(f)	5.71%	02/15/2046		434,140
	1,475,000	Series 2011-C5(e)(f)	5.61%	09/15/2021		1,477,254
	2,211,772	Series 2012-C8(e)(m)	1.89%	09/15/2022		28,935
	1,010,000	Series 2018-WPT(e)(f)	5.54%	07/05/2023		1,031,743
	704,000	Series 2019-MFP(e)(f)	1M US L + 3.00%	07/15/2021		697,670
	235,000	Series 2019-UES(f)	4.34%	05/05/2024		238,610
	1,135,000	Series 2019-UES(e)(f)	4.45%	05/05/2024		1,067,820
		JP Morgan Mortgage Acquisition Corp.
	3,900,000	Series 2005-WMC1(e)	1M US L + 0.90%	09/25/2035		3,706,083
	233,566	Series 2006-CH2(n)	5.46%	09/25/2029		185,194
		JP Morgan Mortgage Acquisition Trust
	3,925,703	Series 2006-RM1(e)	1M US L + 0.48%	08/25/2036		2,265,502
		JP Morgan Mortgage Trust
	936,385	Series 2007-S3	6.00%	07/25/2037		701,002
		JP Morgan Resecuritization Trust
	786,005	Series 2011-1(e)(f)	6.00%	06/26/2037		740,635
		JPMBB Commercial Mortgage Securities Trust
	1,000,000	Series 2013-C12(e)	4.24%	06/15/2023		1,039,100
	18,759,328	Series 2014-C24(e)(m)	1.06%	10/15/2024		420,061
	519,000	Series 2015-C27(e)	4.44%	02/15/2025		531,970
		JPMCC Commercial Mortgage Securities Trust
	486,000	Series 2017-JP7(e)	3.80%	07/15/2027		508,123
		JPMDB Commercial Mortgage Securities Trust
	421,000	Series 2020-COR7(e)	3.85%	03/13/2030		455,951
		Kestrel Aircraft Funding, Ltd.
	504,572	Series 2018-1A(f)	4.25%	10/15/2025		503,855
		Laurel Road Prime Student Loan Trust
	33,775,144	Series 2020-A(f)(i)	0.00%	11/25/2050		2,591,905
		LB-UBS Commercial Mortgage Trust
	225,555	Series 2006-C7(e)(f)(m)	0.63%	11/15/2038		34
		LCM 28, Ltd.
	1,000,000	Series 2018-28A(e)(f)	3M US L + 5.75%	10/20/2030		950,729
		LCM Loan Income Fund I Income Note Issuer, Ltd.
	500,000	Series 2018-27A(e)(f)	3M US L + 5.60%	07/16/2031		462,540
		LCM XIV LP
	1,000,000	Series 2018-14A(e)(f)	3M US L + 2.75%	07/20/2031		965,371
	750,000	Series 2018-14A(e)(f)	3M US L + 5.50%	07/20/2031		681,517
		LCM XVII LP
	1,000,000	Series 2018-17A(e)(f)	3M US L + 6.00%	10/15/2031		945,000
		LCM XX LP
	1,000,000	Series 2018-20A(e)(f)	3M US L + 5.45%	10/20/2027		964,372

Principal Amount/Description			Rate	Maturity	Value
		Legacy Mortgage Asset Trust
$	4,000,000	Series 2019-GS2(f)(n)	4.25%	01/25/2059	$	4,003,856
	13,400,000	Series 2019-GS3(f)(n)	4.25%	04/25/2059		13,426,827
	4,300,000	Series 2019-GS4(f)(n)	4.25%	05/25/2059		4,306,897
		Lehman Mortgage Trust
	463,023	Series 2006-6	5.50%	10/25/2036		405,552
	3,849,701	Series 2006-7(e)	1M US L + 0.25%	11/25/2036		137,455
	3,849,701	Series 2006-7(e)(m)	7.75% - 1M US L	11/25/2036		598,268
	1,282,287	Series 2006-8(e)	1M US L + 0.42%	12/25/2036		292,845
	1,282,287	Series 2006-8(e)(m)	6.58% - 1M US L	12/25/2036		404,363
	269,766	Series 2007-10	6.50%	01/25/2038		130,781
		Lendingpoint Asset Securitization Trust
	642,502	Series 2019-1(f)	4.50%	12/15/2021		645,542
		MACH 1 Cayman, Ltd.
	1,203,009	Series 2019-1(f)	3.47%	08/15/2026		1,205,744
		Madison Park Funding XIV, Ltd.
	1,000,000	Series 2018-14A(e)(f)	3M US L + 2.95%	10/22/2030		1,002,489
	1,000,000	Series 2018-14A(e)(f)	3M US L + 5.80%	10/22/2030		983,148
		Madison Park Funding XLV, Ltd.
	1,000,000	Series 2021-45A(e)(f)	3M US L + 3.15%	07/15/2034		1,000,000
		Madison Park Funding XXVI, Ltd.
	500,000	Series 2017-26A(e)(f)	3M US L + 6.50%	07/29/2030		497,913
		Madison Park Funding XXXVIII, Ltd.
	500,000	Series 2021-38A(e)(f)	3M US L + 6.00%	07/17/2034		500,000
		Master Asset Backed Securities Trust
	4,761,872	Series 2006-NC3(e)	1M US L + 0.21%	10/25/2036		3,182,748
		MBRT
	584,000	Series 2019-MBR(e)(f)	1M US L + 2.55%	11/25/2021		584,942
	1,406,000	Series 2019-MBR(e)(f)	1M US L + 2.90%	11/25/2021		1,402,595
		Merrill Lynch Alternative Note Asset Trust
	688,632	Series 2007-F1	6.00%	03/25/2037		116,871
		Merrill Lynch Mortgage Investors Trust
	10,315,206	Series 2006-RM3(e)	1M US L + 0.48%	06/25/2037		3,229,761
		MFT Trust
	2,010,000	Series 2020-ABC(e)(f)	3.48%	02/10/2030		1,860,849
		MHC Commercial Mortgage Trust
	675,000	Series 2021-MHC(e)(f)	1M US L + 2.60%	04/15/2026		677,655
		MKT Mortgage Trust
	250,000	Series 2020-525M(e)(f)	2.94%	02/12/2030		229,691
		Morgan Stanley Bank of America Merrill Lynch Trust
	2,949,006	Series 2012-C5(e)(f)(m)	1.54%	07/15/2022		26,234
	602,000	Series 2015-C20(e)	4.61%	01/15/2025		632,933
	822,000	Series 2015-C21(e)	4.28%	02/15/2025		820,102
	350,000	Series 2015-C27(e)	4.66%	11/15/2025		368,106
		Morgan Stanley Capital I
	858,000	Series 2017-HR2(e)	4.36%	12/15/2027		939,703
		Morgan Stanley Capital I Trust
	1,177,000	Series 2007-IQ15(e)(f)	6.17%	06/11/2049		1,135,208
	1,267,425	Series 2016-UB11 XA(e)(m)	1.64%	08/15/2026		70,757
	576,000	Series 2017-CLS(e)(f)	1M US L + 2.60%	11/15/2034		576,087
	1,000,000	Series 2018-SUN(e)(f)	1M US L + 3.05%	07/15/2035		987,899
	750,000	Series 2019-H7	4.13%	07/15/2029		799,181
		Morgan Stanley Capital I, Inc.
	826,000	Series 2021-L6(e)	3.58%	07/15/2031		843,758

Principal Amount/Description			Rate	Maturity	Value
		Morgan Stanley Mortgage Loan Trust
$	1,567,044	Series 2005-3AR(e)	2.35%	07/25/2035	$	1,465,914
	2,999,984	Series 2006-11	6.00%	08/25/2036		2,624,052
	718,504	Series 2006-7(e)	5.10%	06/25/2036		584,855
	825,952	Series 2006-7	6.00%	06/25/2036		632,984
	379,757	Series 2007-3XS(n)	5.70%	01/25/2047		206,926
		Morgan Stanley Re-REMIC Trust
	132,675	Series 2011-R1(e)(f)	5.94%	02/26/2037		137,259
		Mosaic Solar Loan Trust
	96,221	Series 2017-1A(f)	4.45%	06/20/2042		105,095
	380,598	Series 2018-1A(f)	4.01%	08/20/2030		410,965
	1,788,798	Series 2020-1A(f)(i)	0.00%	04/20/2046		1,559,987
	750,000	Series 2020-2A(f)	3.00%	06/20/2025		762,078
		Motel 6 Trust
	968,555	Series 2017-MTL6(e)(f)	1M US L + 4.25%	08/15/2034		974,558
		MSCG Trust
	1,918,000	Series 2018-SELF(e)(f)	1M US L + 3.05%	10/15/2037		1,925,126
		MVW 2021-1W LLC
	1,224,900	Series 2021-1WA(f)	1.94%	01/22/2041		1,231,966
	1,420,884	Series 2021-1WA(f)	3.17%	01/22/2041		1,425,876
		Navient Private Education Refi Loan Trust
	500,000	Series 2018-A(f)	3.68%	11/17/2025		511,705
		Nomura Asset Acceptance Corp. Alternative Loan Trust
	1,061,935	Series 2005-AP3(e)	5.32%	08/25/2035		695,908
		Octagon Investment Partners 20-R, Ltd.
	1,500,000	Series 2019-4A(e)(f)	3M US L + 6.80%	05/12/2031		1,492,503
		Octagon Investment Partners 26, Ltd.
	1,000,000	Series 2018-1A(e)(f)	3M US L + 8.09%	07/15/2030		931,944
		Octagon Investment Partners 29, Ltd.
	2,000,000	Series 2020-1A(e)(f)	3M US L + 7.25%	01/24/2033		2,008,206
		Octagon Investment Partners 37, Ltd.
	500,000	Series 2018-2A(e)(f)	3M US L + 2.85%	07/25/2030		496,936
		Octagon Investment Partners 40, Ltd.
	500,000	Series 2019-1A(e)(f)	3M US L + 6.46%	04/20/2031		500,778
		Octagon Investment Partners 42, Ltd.
	1,000,000	Series 2021-3A(e)(f)	3M US L + 6.75%	07/15/2034		1,000,000
		Octagon Investment Partners 44, Ltd.
	1,000,000	Series 2019-1A(e)(f)	3M US L + 3.65%	07/20/2032		1,001,763
		Octagon Investment Partners 49, Ltd.
	625,000	Series 2021-5A(e)(f)	3M US L + 6.75%	01/15/2033		628,477
		Octagon Investment Partners XVI, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 3.00%	07/17/2030		497,943
	1,000,000	Series 2018-1A(e)(f)	3M US L + 5.75%	07/17/2030		962,500
		Octagon Investment Partners XXI, Ltd.
	1,000,000	Series 2019-1A(e)(f)	3M US L + 7.00%	02/14/2031		1,002,414
		Octagon Investment Partners XXII, Ltd.
	970,000	Series 2018-1A(e)(f)	3M US L + 1.90%	01/22/2030		967,648

Principal Amount/Description			Rate	Maturity	Value
$	500,000	Series 2018-1A(e)(f)	3M US L + 5.45%	01/22/2030	$	475,000
		OHA Credit Funding 1, Ltd.
	500,000	Series 2018-1A(e)(f)	3M US L + 3.05%	10/20/2030		497,826
		OHA Credit Funding 3, Ltd.
	1,000,000	Series 2019-3A(e)(f)	3.55% - 3M US L	07/20/2032		1,001,714
	1,000,000	Series 2021-3A(e)(f)	3M US L + 2.90%	07/02/2035		1,000,000
	2,000,000	Series 2021-3A(e)(f)	3M US L + 6.25%	07/02/2035		2,000,000
		OHA Credit Funding 5, Ltd.
	2,000,000	Series 2020-5A(e)(f)	3M US L + 6.25%	04/18/2033		1,996,851
		OHA Credit Funding 9, Ltd.
	500,000	Series 2021-9A(e)(f)	3M US L + 2.94%	07/19/2035		499,998
		One Market Plaza Trust
	688,000	Series 2017-1MKT(f)	4.14%	02/10/2024		698,761
		Pagaya AI Debt Selection Trust
	2,500,000	Series 2020-3(f)	6.43%	05/17/2027		2,634,962
	1,425,000	Series 2021-2(f)	3.00%	01/25/2029		1,436,853
		Park Place Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-WCW
	5,000,000	Series 2005-WCW2(e)	1M US L + 0.98%	07/25/2035		4,719,482
		People's Choice Home Loan Securities Trust
	5,000,000	Series 2005-4(e)	1M US L + 0.65%	12/25/2035		3,465,870
		PFP, Ltd.
	624,000	Series 2019-5(e)(f)	1M US L + 2.00%	03/14/2022		625,410
		PR Mortgage Loan Trust
	8,837,289	Series 2014-1(e)(f)	5.90%	09/25/2047		8,854,379
		Pretium Mortgage Credit Partners I LLC
	586,715	Series 2020-NPL3(f)(n)	3.11%	10/27/2023		593,024
		Prime Mortgage Trust
	5,197	Series 2006-1	5.50%	06/25/2036		5,200
	67,816	Series 2006-DR1(f)	5.50%	05/25/2035		62,333
		Primose Funding LLC
	985,000	Series 2019-1A(f)	4.48%	07/30/2026		1,025,145
		Progress Residential
	2,500,000	Series 2021-SFR3(f)	4.75%	05/17/2026		2,523,035
		PRPM LLC
	14,400,000	Series 2020-1A(f)(n)	3.97%	02/25/2023		14,460,362
		RBSGC Structured Trust
	149,460	Series 2008-B(f)	6.00%	06/25/2037		149,807
		Residential Accredit Loans, Inc.
	3,686,150	Series 2006-QA5(e)	1M US L + 0.22%	07/25/2036		2,000,455
	1,798,015	Series 2006-QS10	6.50%	08/25/2036		1,793,031
	420,911	Series 2006-QS6	6.00%	06/25/2036		404,067
	1,114,031	Series 2006-QS7	6.00%	06/25/2036		1,058,354
	58,567	Series 2006-QS7(e)	1M US L + 0.40%	06/25/2036		42,275
	175,700	Series 2006-QS7(e)(m)	5.60% - 1M US L	06/25/2036		26,625
	70,181	Series 2006-QS8(e)	1M US L + 0.45%	08/25/2036		50,961
	210,542	Series 2006-QS8(e)(m)	5.55% - 1M US L	08/25/2036		30,537
	6,611	Series 2007-QS6(e)	55.00% - 8.33 x 1M US L	04/25/2037		11,736
	611,827	Series 2007-QS9	6.50%	07/25/2037		601,944
	305,264	Series 2008-QR1	6.00%	08/25/2036		262,845
		Residential Asset Securitization Trust
	437,310	Series 2006-A1	6.00%	04/25/2036		304,481
	911,681	Series 2006-A2	6.00%	05/25/2036		577,876
	884,980	Series 2006-A6	6.50%	07/25/2036		446,546
	270,633	Series 2006-A8	6.00%	08/25/2036		222,142
	150,893	Series 2006-A8	6.50%	08/25/2036		74,902

Principal Amount/Description			Rate	Maturity	Value
$	319,470	Series 2006-A8(e)(m)	5.90% - 1M US L	08/25/2036	$	90,250
	1,396,756	Series 2007-A1	6.00%	03/25/2037		771,431
	67,947	Series 2007-A6	6.00%	06/25/2037		56,326
	2,611,645	Series 2007-A7	6.00%	07/25/2037		1,504,323
		Residential Funding Mortgage Securities I Trust
	611,201	Series 2006-S3	5.50%	03/25/2036		589,766
	108,815	Series 2006-S6	6.00%	07/25/2036		107,395
	265,136	Series 2007-S3	6.00%	03/25/2037		238,205
	173,917	Series 2007-S6	6.00%	06/25/2037		176,450
		RR 2, Ltd.
	1,000,000	Series 2021-2A(e)(f)	3M US L + 5.80%	04/15/2036		987,714
		RR 6, Ltd.
	1,000,000	Series 2021-6A(e)(f)	3M US L + 5.85%	04/15/2036		988,547
		Sapphire Aviation Finance I, Ltd.
	2,514,902	Series 2018-1A(f)	5.93%	03/15/2025		2,195,603
		Sapphire Aviation Finance II, Ltd.
	433,078	Series 2020-1A(f)	3.23%	03/15/2027		423,077
		Sequoia Mortgage Trust
	1,458,208	Series 2007-3(e)	2.95%	07/20/2037		1,340,609
		SG Commercial Mortgage Securities Trust
	1,854,000	Series 2016-C5	3.93%	06/10/2026		1,954,676
		S-Jets, Ltd.
	1,042,759	Series 2017-1(f)	3.97%	08/15/2025		1,033,845
		SLG Office Trust
	1,100,000	Series 2021-OVA(f)	2.85%	07/15/2031		1,055,213
		SMB Private Education Loan Trust
	365,454	Series 2018-B(e)(f)	1M US L + 0.72%	08/15/2027		366,942
	968	Series 2021-A(f)(i)	0.00%	01/15/2053		3,040,889
		Sofi Professional Loan Program Trust
	80,000	Series 2018-C(f)(i)	0.00%	01/25/2048		1,936,882
		SoFi Professional Loan Program Trust
	50,000	Series 2020-A(f)(i)	0.00%	05/15/2046		2,620,380
		Sofi Professional Loan Program, LLC
	32,412	Series 2018-A(f)(i)	0.00%	02/25/2042		1,123,387
		SoFi Professional Loan Program, LLC
	300,000	Series 2017-D(f)	3.61%	09/25/2040		310,778
	56,034	Series 2019-B(f)(i)	0.00%	08/17/2048		1,098,646
		Sprite, Ltd.
	316,784	Series 2017-1(f)	4.25%	12/15/2024		315,461
		Stack Infrastructure Issuer LLC
	976,667	Series 2019-1A(f)	4.54%	02/26/2024		1,035,078
	750,000	Series 2019-2A(f)	3.08%	10/25/2024		773,396
		Start, Ltd.
	682,488	Series 2018-1(f)	4.09%	05/15/2025		686,085
	755,763	Series 2019-1(f)	4.09%	03/15/2026		753,833
		Structured Adjustable Rate Mortgage Loan Trust
	659,322	Series 2005-15(e)	2.98%	07/25/2035		496,152
		Structured Asset Securities Corp.
	180,669	Series 2005-RF1(e)(f)	1M US L + 0.35%	03/25/2035		168,354
	180,669	Series 2005-RF1(e)(f)(m)	4.60%	03/25/2035		25,525
		Sunnova Sol III Issuer LLC
	1,500,000	Series 2021-1(f)	2.58%	04/30/2031		1,509,021
		Sunnova Sol Issuer LLC
	972,128	Series 2020-1A(f)	3.35%	01/30/2030		1,018,765

Principal Amount/Description			Rate	Maturity	Value
		Sunrun Atlas Issuer LLC
$	1,203,057	Series 2019-2(f)	3.61%	10/30/2027	$	1,284,419
		TBW Mortgage-Backed Trust
	1,390,692	Series 2006-2	7.00%	07/25/2036		420,153
		Thunderbolt Aircraft Lease, Ltd.
	1,824,236	Series 2017-A(f)(n)	4.21%	04/15/2024		1,826,585
		Thunderbolt II Aircraft Lease, Ltd.
	4,464,286	Series 2018-A(f)(n)	5.07%	09/15/2038		4,128,107
		TIF Funding II LLC
	384,500	Series 2021-1A(f)	1.65%	02/20/2046		379,598
		Towd Point Mortgage Trust
	3,310,000	Series 2019-SJ2(e)(f)	4.25%	11/25/2058		3,326,960
		TPGI Trust
	800,000	Series 2021-DGWD(e)(f)	1M US L + 3.85%	06/15/2026		803,431
		Trimaran Cavu 2019-1, Ltd.
	1,700,000	Series 2019-1A(e)(f)	3M US L + 4.15%	07/20/2032		1,720,688
		TRP - TRIP Rail Master Funding LLC
	1,000,000	Series 2021-2(f)	2.15%	06/17/2027		1,004,693
		TTAN
	743,000	Series 2021-MHC(e)(f)	1M US L + 2.90%	03/15/2026		746,746
		UBS Commercial Mortgage Trust
	31,908,500	Series 2017-C3(e)(m)	0.48%	08/15/2050		871,775
	650,000	Series 2017-C4(e)	4.24%	09/15/2027		702,628
	464,000	Series 2017-C6(e)	4.15%	12/15/2027		512,317
	751,000	Series 2017-C6(e)	4.59%	12/15/2027		827,272
	520,000	Series 2018-C10(e)	5.26%	05/15/2028		576,817
	928,000	Series 2018-C9(e)	5.05%	03/15/2028		1,032,935
		UBS-Barclays Commercial Mortgage Trust
	1,739,000	Series 2013-C5(e)(f)	4.08%	02/10/2023		1,589,863
		Upstart Pass-Through Trust
	440,081	Series 2021-ST1(f)	2.75%	02/20/2027		444,151
	919,542	Series 2021-ST2(f)	2.50%	04/20/2027		932,546
		Upstart Securitization Trust
	250,000	Series 2020-3(f)	3.01%	11/20/2030		256,271
	2,000	Series 2021-2(i)	0.00%	06/20/2031		2,011,132
		USQ Rail II LLC
	750,000	Series 2021-3(f)	2.21%	06/28/2027		757,222
		VB-S1 Issuer LLC
	500,000	Series 2020-1A(f)	3.03%	06/15/2025		523,163
		VCC
	4,708,357	Series 2020-MC1(e)(f)	4.50%	06/25/2045		4,718,957
		Velocity Commercial Capital Loan Trust
	502,205	Series 2018-2(e)(f)	4.05%	09/25/2024		521,953
	1,001,167	Series 2019-1(e)(f)	3.94%	01/25/2027		1,044,459
	397,711	Series 2019-1(e)(f)	4.01%	07/25/2027		407,791
	368,850	Series 2019-1(e)(f)	4.12%	11/25/2027		376,060
		Wachovia Bank Commercial Mortgage Trust
	37,330	Series 2006-C29(e)(k)(m)	0.45%	11/15/2048		0
		Wachovia Mortgage Loan Trust, LLC Series Trust
	280,417	Series 2005-B(e)	2.44%	10/20/2035		271,603
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	45,135	Series 2005-9	5.50%	11/25/2035		42,003
	384,806	Series 2006-5	6.00%	07/25/2036		336,468

Principal Amount/Description			Rate	Maturity	Value
		Washington Mutual Mortgage Pass-Through Certificates Trust
$	704,846	Series 2006-2	6.00%	03/25/2036	$	724,697
		WAVE LLC
	908,972	Series 2019-1(f)	3.60%	09/15/2027		905,530
	1,015,462	Series 2019-1(f)	6.41%	09/15/2027		816,211
		Wells Fargo Alternative Loan Trust
	309,556	Series 2007-PA2(e)	1M US L + 0.43%	06/25/2037		247,551
	309,556	Series 2007-PA2(e)(m)	6.07% - 1M US L	06/25/2037		36,130
	148,758	Series 2007-PA3	5.75%	07/25/2037		148,672
	465,406	Series 2007-PA3	6.25%	07/25/2037		466,268
		Wells Fargo Commercial Mortgage Trust
	158,000	Series 2014-LC16(f)	3.94%	06/15/2024		28,440
	1,895,000	Series 2015-C28(e)	4.23%	05/15/2025		1,879,640
	520,000	Series 2015-NXS4(e)	4.85%	11/15/2025		567,917
	1,245,000	Series 2015-NXS4(e)	3.85%	11/15/2025		1,248,813
	1,000,000	Series 2016-C33(f)	3.12%	03/15/2059		952,571
	5,628,945	Series 2016-C37(e)(f)(m)	1.60%	12/15/2049		354,569
	550,000	Series 2016-LC24	3.62%	09/15/2026		587,404
	695,000	Series 2016-LC25(e)	4.56%	11/15/2026		765,502
	356,000	Series 2016-NXS6	3.81%	11/15/2049		381,209
	518,000	Series 2018-C45	4.73%	06/15/2028		577,615
	523,000	Series 2018-C47(e)	5.10%	10/15/2028		570,746
	436,000	Series 2018-C48(e)	5.29%	12/15/2028		502,875
	613,000	Series 2020-C55	3.14%	02/15/2030		646,829
	6,272,539	Series 2021-C59(e)(m)	1.69%	04/15/2054		735,915
		WF-RBS Commercial Mortgage Trust
	1,923,142	Series 2012-C9(e)(f)(m)	2.03%	11/15/2045		31,709
	3,354,877	Series 2014-C21(e)(m)	1.18%	08/15/2047		85,400
	4,042,847	Series 2014-C22(e)(m)	0.95%	09/15/2057		83,474
	636,000	Series 2014-C23(e)(f)	4.15%	10/15/2057		641,797
		Willis Engine Structured Trust V
	924,743	Series 2020-A(f)	3.23%	03/15/2028		930,314
		Willis Engine Structured Trust VI
	2,950,000	Series 2021-A(f)	7.39%	05/15/2029		2,952,555
	2,023,337	Zephyrus Capital Aviation Tl(e)	1M US L + 4.61%	10/15/2038		2,008,314
TOTAL NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost $498,480,334)						478,128,694
U.S. GOVERNMENT BONDS AND NOTES - 11.21%
	280,000	U.S. Treasury Bonds	0.88%	11/15/2030		266,306
	9,620,000	U.S. Treasury Bonds	2.25%	05/15/2041		10,012,316
	435,000	U.S. Treasury Bonds	2.75%	11/15/2042		490,004
	5,580,000	U.S. Treasury Bonds	2.75%	11/15/2047		6,353,789
	12,500,000	U.S. Treasury Bonds	1.25%	05/15/2050		10,210,449
	58,500,000	U.S. Treasury Bonds	1.63%	11/15/2050		52,558,594
	8,850,000	U.S. Treasury Bonds	2.38%	05/15/2051		9,450,832
	4,080,000	U.S. Treasury Bonds	4.75%	02/15/2037		5,792,962
	15,900,000	U.S. Treasury Notes	0.13%	10/31/2022		15,896,273
	11,920,000	U.S. Treasury Notes	0.13%	12/31/2022		11,912,084
	11,280,000	U.S. Treasury Notes	0.13%	06/30/2023		11,253,342
	1,995,000	U.S. Treasury Notes	0.25%	11/15/2023		1,992,039
	9,110,000	U.S. Treasury Notes	0.13%	01/15/2024		9,056,265
	23,995,000	U.S. Treasury Notes	0.25%	06/15/2024		23,849,718
	9,370,000	U.S. Treasury Notes	1.50%	11/30/2024		9,670,133
	9,395,000	U.S. Treasury Notes	0.38%	11/30/2025		9,227,285
	140,000	U.S. Treasury Notes	2.63%	01/31/2026		151,473

Principal Amount/Description			Rate	Maturity	Value
$	11,720,000	U.S. Treasury Notes	0.88%	06/30/2026	$	11,714,964
	10,150,000	U.S. Treasury Notes	0.50%	06/30/2027		9,819,332
	1,000,000	U.S. Treasury Notes	0.50%	10/31/2027		961,680
	9,960,000	U.S. Treasury Notes	1.25%	06/30/2028		9,976,341
	2,080,000	U.S. Treasury Notes	1.63%	05/15/2031		2,112,175
TOTAL U.S. GOVERNMENT BONDS AND NOTES
(Cost $225,004,800)						222,728,356
MUNICIPAL BONDS - 0.02%
	120,000	Missouri Highway & Transportation Commission, Revenue Bonds	5.06%	05/01/2024		134,754
	165,000	State of California, General Obligation Bonds	7.55%	04/01/2039		281,656
TOTAL MUNICIPAL BONDS
(Cost $362,211)						416,410
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES - 13.67%
		Banc of America Funding
	2,605,164	Series 2007-A(e)	1M US L + 0.42%	02/20/2047		2,468,829
		Banc of America Funding
	2,106,689	Series 2014-R8(e)(f)	1M US L + 0.24%	12/26/2024		2,104,034
		Chase Mortgage Finance Trust
	4,868,187	Series 2007-S4	6.00%	06/25/2037		3,267,191
		ChaseFlex Trust Series
	4,659,541	Series 2007-M1(e)	1M US L + 0.23%	08/25/2037		3,799,177
		Citigroup Mortgage Loan Trust
	9,590,900	Series 2018-A(e)(f)	4.25%	01/25/2068		9,600,347
		Connecticut Avenue Securities Trust
	5,000,000	Series 2019-R05(e)(f)	1M US L + 4.10%	07/25/2039		5,100,985
		Deephaven Residential Mortgage Trust
	6,613,000	Series 2020-1(e)(f)	3.66%	03/25/2024		6,674,135
	4,000,000	Series 2020-1(e)(f)	4.54%	03/25/2024		4,062,463
		Fannie Mae Interest Strip
	9,106,658	Series 2014-419(m)	3.50%	04/25/2044		1,233,880
		Fannie Mae Pool
	3,000,000	Series 2018	3.50%	04/01/2030		3,432,846
	2,669,906	Series 2020	2.00%	10/01/2050		2,681,842
	4,853,072	Series 2020-	2.00%	01/01/2051		4,904,852
	6,570,380	Series 2021-	2.00%	02/01/2051		6,669,310
	4,424,245	Series 2021-	2.00%	03/01/2051		4,471,533
	3,000,000	Series Pool #BL4424	2.14%	10/01/2029		3,143,339
	3,000,000	Series Pool #BL5156	2.37%	12/01/2029		3,186,179
		Fannie Mae REMICS
	8,701,218	Series 2014-1(e)(m)	5.90% - 1M US L	02/25/2044		1,656,987
	10,076,846	Series 2015-54(e)(m)	6.15% - 1M US L	07/25/2045		1,981,007
	3,408,223	Series 2020-45	3.00%	07/25/2040		3,592,854
	11,391,599	Series 2020-74(e)(m)	4.10% - 30D US SOFR	10/25/2050		1,616,129
	23,086,359	Series 2020-77(e)(m)	4.10% - 30D US SOFR	11/25/2050		3,416,640
		Federal Home Loan Mortgage Corp. Pool
	176,722	Series Pool #G01840	5.00%	07/01/2035		202,653
	64,635	Series Pool #G04817	5.00%	09/01/2038		74,070

Principal Amount/Description			Rate	Maturity	Value
		Federal Home Loan Mortgage Corp. REMICS
$	826,739	Series 2003-2722(e)	9.89% - 1M US L	12/15/2033	$	1,030,987
	164,380	Series 2005-R003	5.50%	10/15/2035		190,020
	1,242,650	Series 2006-3244(e)(m)	6.66% - 1M US L	11/15/2036		284,620
	62,138	Series 2007-3261(e)(m)	6.43% - 1M US L	01/15/2037		12,692
	116,843	Series 2007-3262(e)(m)	6.40% - 1M US L	01/15/2037		16,509
	607,131	Series 2007-3301(e)(m)	6.10% - 1M US L	04/15/2037		104,394
	411,499	Series 2007-3303(e)(m)	6.10% - 1M US L	04/15/2037		81,834
	108,829	Series 2007-3382(e)(m)	6.00% - 1M US L	11/15/2037		15,143
	334,287	Series 2007-3384(e)(m)	6.31% - 1M US L	08/15/2036		73,227
	106,397	Series 2007-3384(e)(m)	6.39% - 1M US L	11/15/2037		13,586
	114,951	Series 2008-3417(e)(m)	6.18% - 1M US L	02/15/2038		14,750
	2,918,812	Series 2008-3423(e)(m)	6.00% - 1M US L	03/15/2038		25,693
	159,351	Series 2008-3423(e)(m)	5.65% - 1M US L	03/15/2038		20,491
	1,328,420	Series 2009-3510(e)(m)	6.75% - 1M US L	02/15/2037		230,590
	332,431	Series 2009-3523(e)(m)	6.00% - 1M US L	04/15/2039		51,740
	61,878	Series 2009-3524(m)	3.41%	06/15/2038		66,208
	9,207	Series 2009-3549(e)(m)	5.80% - 1M US L	07/15/2039		1,279
	688,158	Series 2009-3560(e)(m)	6.40% - 1M US L	11/15/2036		102,836
	233,156	Series 2010-3641	4.50%	03/15/2040		264,890
	338,614	Series 2010-3726(e)(m)	6.05% - 1M US L	09/15/2040		62,486
	1,244,187	Series 2010-3728(e)(m)	4.45% - 1M US L	09/15/2040		157,755
	511,334	Series 2010-3779	3.50%	12/15/2030		552,365
	98,204	Series 2010-3779	4.00%	12/15/2030		107,503
	343,767	Series 2010-3779	4.50%	12/15/2040		379,608
	46,638	Series 2011-3786(e)	9.50% - 1M US L	01/15/2041		49,294
	20,179	Series 2011-3798(e)	9.50% - 1M US L	11/15/2040		21,706
	327,769	Series 2011-3808	3.50%	02/15/2031		351,928
	27,435	Series 2011-3809(e)	9.50% - 1M US L	02/15/2041		32,247
	671,878	Series 2011-3815(e)(m)	5.85% - 1M US L	02/15/2041		127,254
	272,013	Series 2011-3824	3.50%	03/15/2031		293,835
	348,098	Series 2011-3824(e)(m)	7.10% - 1M US L	08/15/2036		76,745
	382,713	Series 2011-3863	5.50%	08/15/2034		438,562
	436,888	Series 2011-3864(e)	9.20% - 1M US L	05/15/2041		479,904
	431,561	Series 2011-3871	5.50%	06/15/2041		500,888
	429,993	Series 2011-3872(e)(m)	5.95% - 1M US L	06/15/2041		71,962
	2,751,411	Series 2011-3910	5.00%	08/15/2041		3,159,097
	1,933,264	Series 2011-3924(e)(m)	6.00% - 1M US L	09/15/2041		292,100
	10,022	Series 2011-3925(m)	3.00%	09/15/2021		10
	2,501,626	Series 2012-3(e)(m)	5.95% - 1M US L	02/25/2042		485,047
	1,855,479	Series 2013-4170(e)	4.05% - 1M US L	01/15/2033		1,912,792
	10,990,338	Series 2013-4218	2.50%	02/15/2043		11,044,207
	2,998,798	Series 2013-4239(i)	0.00%	07/15/2043		2,496,594
	4,784,395	Series 2014-4413	3.50%	11/15/2044		5,012,980
	3,626,889	Series 2015-4434	3.00%	02/15/2045		3,933,204
	3,514,091	Series 2015-4440	2.50%	02/15/2045		3,628,193
		Federal Home Loan Mortgage Corp. Strips
	1,735,196	Series 2017-358	3.00%	10/15/2047		1,845,828
		Federal National Mortgage Association Pool
	49,661	Series Pool #555743	5.00%	09/01/2033		56,512
	59,602	Series Pool #735382	5.00%	04/01/2035		68,194
	161,266	Series Pool #735383	5.00%	04/01/2035		184,366
	103,826	Series Pool #735484	5.00%	05/01/2035		118,744
	26,626	Series Pool #AH4437	4.00%	01/01/2041		27,910
		Federal National Mortgage Association REMICS
	50,132	Series 2004-46(e)(m)	6.00% - 1M US L	03/25/2034		4,704
	207,231	Series 2006-101(e)(m)	6.58% - 1M US L	10/25/2036		40,670

Principal Amount/Description			Rate	Maturity	Value
$	587,449	Series 2006-123(e)(m)	6.32% - 1M US L	01/25/2037	$	119,646
	2,745,885	Series 2006-92(e)(m)	6.58% - 1M US L	10/25/2036		537,175
	75,492	Series 2007-102(e)(m)	6.40% - 1M US L	11/25/2037		13,655
	62,985	Series 2007-108(e)(m)	6.36% - 1M US L	12/25/2037		8,981
	14,400	Series 2007-30(e)(m)	6.11% - 1M US L	04/25/2037		2,078
	340,056	Series 2007-38(e)(m)	6.08% - 1M US L	05/25/2037		31,360
	10,765	Series 2007-51(e)(m)	6.10% - 1M US L	06/25/2037		1,515
	36,001	Series 2007-53(e)(m)	6.10% - 1M US L	06/25/2037		3,410
	401,146	Series 2007-57(e)(m)	6.62% - 1M US L	10/25/2036		71,911
	88,685	Series 2007-68(e)(m)	6.65% - 1M US L	07/25/2037		14,556
	469,654	Series 2008-3(e)(m)	6.46% - 1M US L	02/25/2038		98,646
	127,237	Series 2008-56(e)(m)	6.06% - 1M US L	07/25/2038		15,888
	26,047	Series 2008-81	5.50%	09/25/2038		29,676
	203,280	Series 2009-111	5.00%	01/25/2040		231,934
	103,492	Series 2009-111(e)(m)	6.25% - 1M US L	01/25/2040		18,837
	790,412	Series 2009-12(e)(m)	6.60% - 1M US L	03/25/2036		133,228
	25,598	Series 2009-28(e)(m)	6.00% - 1M US L	04/25/2037		3,805
	333,636	Series 2009-41	4.50%	06/25/2039		363,829
	63,281	Series 2009-42(e)(m)	6.00% - 1M US L	06/25/2039		9,515
	138,265	Series 2009-47(e)(m)	6.10% - 1M US L	07/25/2039		16,706
	70,011	Series 2009-62(e)(m)	6.10% - 1M US L	08/25/2039		7,932
	52,293	Series 2009-66(e)(m)	5.80% - 1M US L	02/25/2038		7,486
	34,514	Series 2009-68(e)(m)	5.25% - 1M US L	09/25/2039		3,958
	116,424	Series 2010-11(e)(m)	4.80% - 1M US L	02/25/2040		13,915
	26,756	Series 2010-111(e)(m)	6.00% - 1M US L	10/25/2040		3,676
	58,282	Series 2010-112	4.00%	10/25/2040		61,206
	105,366	Series 2010-115(e)(m)	6.60% - 1M US L	11/25/2039		19,394
	1,436,774	Series 2010-115(e)(m)	6.00% - 1M US L	10/25/2040		278,052
	3,325,011	Series 2010-123(e)(m)	6.05% - 1M US L	11/25/2040		646,343
	564,814	Series 2010-15(e)(m)	4.95% - 1M US L	03/25/2040		79,573
	44,448	Series 2010-34(e)(m)	4.93% - 1M US L	04/25/2040		5,182
	47,459	Series 2010-4(e)(m)	6.23% - 1M US L	02/25/2040		7,600
	50,842	Series 2010-58(e)	12.47% - 1M US L	06/25/2040		57,645
	1,934,460	Series 2010-75	4.50%	07/25/2040		2,165,066
	43,286	Series 2010-9(e)(m)	5.30% - 1M US L	02/25/2040		5,178
	168,744	Series 2010-9(e)(m)	4.75% - 1M US L	02/25/2040		16,208
	8,071	Series 2010-90(e)(m)	6.00% - 1M US L	08/25/2040		1,110
	246,836	Series 2011-16	3.50%	03/25/2031		266,311
	369,442	Series 2011-25	3.00%	04/25/2026		385,311
	278,499	Series 2011-29	3.50%	04/25/2031		298,026
	111,630	Series 2011-5(e)(m)	6.40% - 1M US L	11/25/2040		5,661
	2,738,294	Series 2012-106(e)(m)	6.16% - 1M US L	10/25/2042		532,230
	444,873	Series 2012-124(e)	7.79% - 1M US L	11/25/2042		443,386
	158,441	Series 2012-29(e)(m)	6.00% - 1M US L	04/25/2042		23,857
	527,639	Series 2012-32(m)	5.00%	04/25/2042		82,075
	2,441,108	Series 2012-65(e)(m)	5.98% - 1M US L	06/25/2042		418,221
	302,187	Series 2013-19(e)	5.40% - 1M US L	03/25/2043		313,245
	55,350	Series 2015-59	3.00%	06/25/2041		55,319
	1,231,028	Series 2015-9	3.00%	01/25/2045		1,307,742
	1,137,624	Series 2018-21(i)	0.00%	04/25/2048		1,064,356
	1,007,907	Series 2018-27	3.00%	12/25/2047		1,048,986
	1,316,283	Series 2018-36	3.00%	06/25/2048		1,375,205
	2,357,900	Series 2019-12	3.00%	04/25/2049		2,468,164
		FMC GMSR Issuer Trust
	5,000,000	Series 2019-GT2(e)(f)	4.72%	09/25/2024		4,951,425
		Freddie Mac Pool
	1,735,229	Series 2020-	2.00%	10/01/2050		1,743,017
	4,123,800	Series 2021-	1.50%	03/01/2036		4,175,001
		Freddie Mac REMICS
	3,618,262	Series 2011-3972(e)(m)	5.90% - 1M US L	12/15/2041		658,217
	3,013,089	Series 2020-5007(e)(m)	6.10% - 1M US L	08/25/2050		683,014

Principal Amount/Description			Rate	Maturity	Value
$	5,181,154	Series 2020-5041(m)	2.00%	11/25/2050	$	442,771
	13,235,256	Series 2021-5070(m)	3.50%	02/25/2051		1,938,605
		Government National Mortgage Association
	42,140	Series 2004-83(e)(m)	6.08% - 1M US L	10/20/2034		6,891
	35,823	Series 2008-6(e)(m)	6.46% - 1M US L	02/20/2038		5,106
	34,456	Series 2008-67(e)(m)	6.00% - 1M US L	08/20/2038		4,603
	541,451	Series 2008-69(e)(m)	7.63% - 1M US L	08/20/2038		116,199
	51,934	Series 2009-10(e)(m)	6.65% - 1M US L	02/16/2039		10,133
	608,459	Series 2009-35	4.50%	05/20/2039		666,950
	2,550,345	Series 2009-58(e)(m)	6.25% - 1M US L	06/20/2039		354,243
	38,191	Series 2009-6(e)(m)	5.95% - 1M US L	02/20/2038		4,087
	1,169,103	Series 2009-75	5.00%	09/20/2039		1,330,045
	2,738,668	Series 2010-121(e)(m)	6.00% - 1M US L	09/20/2040		514,137
	48,224	Series 2010-61(e)(m)	6.55% - 1M US L	09/20/2039		8,023
	86,069	Series 2010-98(e)(m)	5.63%	03/20/2039		8,174
	2,082,690	Series 2011-148	3.50%	11/16/2041		2,248,678
	352,814	Series 2011-69(i)	0.00%	05/20/2041		331,478
	1,159,616	Series 2011-71	4.50%	02/20/2041		1,293,005
	791,077	Series 2011-71(e)(m)	5.40% - 1M US L	05/20/2041		115,596
	259,169	Series 2011-72(e)(m)	6.15% - 1M US L	05/20/2041		53,399
	1,256,605	Series 2011-89(e)(m)	5.45% - 1M US L	06/20/2041		245,157
	2,998,582	Series 2013-113(e)(m)	6.25% - 1M US L	03/20/2043		319,840
	4,546,010	Series 2013-122(e)(m)	6.10% - 1M US L	08/16/2043		750,038
	3,164,509	Series 2013-148(e)(m)	5.68% - 1M US L	10/16/2043		723,896
	4,502,339	Series 2013-186(e)(m)	6.25% - 1M US L	02/16/2043		589,034
	2,900,420	Series 2014-156(e)(m)	6.25% - 1M US L	10/20/2044		616,825
	5,773,564	Series 2014-4(e)(m)	6.10% - 1M US L	01/16/2044		1,063,815
	7,051,537	Series 2014-41(e)(m)	6.10% - 1M US L	03/20/2044		1,515,851
	3,490,566	Series 2014-5(e)(m)	6.15% - 1M US L	07/20/2043		415,379
	4,465,775	Series 2014-95(e)(m)	6.25% - 1M US L	06/16/2044		799,442
	11,064,990	Series 2015-80(e)(m)	6.25% - 1M US L	06/20/2045		2,512,875
	9,810,505	Series 2018-97(e)(m)	6.20% - 1M US L	07/20/2048		1,543,994
	15,896,188	Series 2019-22(e)(m)	5.60% - 1M US L	02/20/2045		2,749,503
	9,815,149	Series 2019-92(e)(m)	6.10% - 1M US L	07/20/2049		1,595,117
	14,483,828	Series 2020-112(e)(m)	6.25% - 1M US L	08/20/2050		2,609,252
	9,326,307	Series 2020-133(e)(m)	6.25% - 30D US SOFR	09/20/2050		2,318,704
	21,185,793	Series 2020-146(e)(m)	3.75% - 1M US L	10/20/2050		2,902,612
	19,236,623	Series 2020-146(e)(m)	6.30% - 1M US L	10/20/2050		4,040,401
	20,693,533	Series 2020-167(e)(m)	3.75% - 1M US L	11/20/2050		2,223,665
	9,935,912	Series 2020-175(e)(m)	6.30% - 1M US L	11/20/2050		2,193,681
	6,244,152	Series 2020-188(e)(m)	6.30% - 1M US L	11/20/2050		1,717,769
	16,514,511	Series 2020-47(e)(m)	6.00% - 1M US L	05/20/2044		2,887,154
	14,767,094	Series 2021-1(e)(m)	6.30% - 1M US L	01/20/2051		3,714,125
	32,308,825	Series 2021-59(e)(m)	2.60% - 30D US SOFR	04/20/2051		2,338,348
	15,847,596	Series 2021-77(e)(m)	3.75% - 1M US L	05/20/2051		1,884,358
	7,659,557	Series 2021-89(e)(m)	3.75% - 1M US L	05/20/2051		1,096,268
	38,000,000	Series 2021-97(e)(m)	3M US L + 2.44%	06/20/2051		2,731,250
		Homeward Opportunities Fund Trust
	995,691	Series 2020-BPL1(f)(n)	5.44%	08/25/2025		1,016,456
		JP Morgan Resecuritization Trust
	2,842,778	Series 2014-6(e)(f)	1M US L + 0.21%	07/27/2046		2,756,687
		Legacy Mortgage Asset Trust
	13,310,000	Series 2019-GS7(f)(n)	4.50%	11/25/2059		13,362,537
		LHOME Mortgage Trust
	4,250,000	Series 2020-RTL1(f)(n)	3.72%	10/25/2022		4,272,068
	3,750,000	Series 2020-RTL1(f)(n)	4.95%	10/25/2022		3,787,215
	1,300,000	Series 2021-RTL1(e)(f)	2.09%	09/25/2026		1,299,281

Principal Amount/Description			Rate	Maturity	Value
$	4,400,000	Series 2021-RTL1(e)(f)	4.46%	09/25/2026	$	4,403,726
		Mello Warehouse Securitization Trust
	5,680,000	Series 2019-2(e)(f)	1M US L + 3.25%	10/25/2021		5,688,485
		Morgan Stanley Residential Mortgage Loan Trust
	495,762	Series 2020-RPL1(e)(f)	2.69%	10/25/2023		502,387
		NewRez Warehouse Securitization Trust
	4,550,000	Series 2021-1(e)(f)	1M US L + 5.25%	05/25/2055		4,555,483
		PRPM LLC
	3,400,000	Series 2020-3(f)(n)	5.07%	09/25/2025		3,420,435
	2,115,670	Series 2021-2(e)(f)	2.12%	03/25/2024		2,146,874
		Residential Mortgage Loan Trust
	3,250,000	Series 2020-1(e)(f)	4.67%	02/25/2024		3,347,419
		Toorak Mortgage Corp., Ltd.
	3,500,000	Series 2019-2(n)	4.21%	09/25/2022		3,508,781
	9,000,000	Series 2021-1(f)(n)	2.24%	07/25/2023		9,013,728
		Verus Securitization Trust
	2,300,000	Series 2019-INV3(e)(f)	3.28%	11/25/2059		2,348,220
		VOLT XCIV LLC
	1,065,103	Series 2021-NPL3(f)(n)	2.24%	01/25/2024		1,067,214
TOTAL U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES
(Cost $330,925,663)						271,410,081

Shares/Description			Value
Warrants - 0.00%(b)
	219,520	Oas SA, Strike Price 1.00, Expires 05/16/2039(l)		0
TOTAL WARRANTS
(Cost $0)				0
SHORT-TERM INVESTMENTS - 14.68%
Money Market Fund - 14.68%
	291,630,559	State Street Institutional Trust (7 Day Yield 0.01%)		291,630,559
TOTAL SHORT-TERM INVESTMENTS
(Cost $291,630,559)				291,630,559
TOTAL INVESTMENTS - 100.79%
(Cost $2,046,914,623)			$	2,001,859,015
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.79)%				(15,663,243	)
NET ASSETS - 100.00%			$	1,986,195,772

Investment Abbreviations:

LIBOR - London Interbank Offered Rate

LLC - Limited Liability Company

LP - Limited Partnership

SOFR - Secured Overnight Financing Rate Data

TI - Treasury Index

Libor Rates:

1M US L - 1 Month LIBOR as of June 30, 2021 was 0.10%

3M US L - 3 Month LIBOR as of June 30, 2021 was 0.15%

1D SOFR - 1 Day SOFR as of June 30, 2021 was 0.05%

30D SOFR - 30 Day SOFR as of June 30, 2021 was 0.03%

1Y US TI - 1 Year TI as of June 30, 2021 was 0.09%

5Y US TI - 5 Year TI as of June 30, 2021 was 0.89%

10Y US TI - 10 Year TI as of June 30, 2021 was 1.48%

(a)	Security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.
(b)	Non-income producing security.
(c)	Affiliated company. See Note 9 to Notes to Quarterly Schedule of Investments.
(d)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees (The "Board"). As of June 30, 2021, the aggregate fair value of those securities was $33,791,255, representing 1.70% of net assets.
(e)	Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2021. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
(f)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. Total fair value of Rule 144A securities amounts to $558,732,412, which represents approximately 28.13% of net assets as of June 30, 2021.
(g)	Security is currently in default.
(h)	Pay-in-kind securities. Rate paid in-kind is shown in parenthesis.
(i)	Issued with a zero coupon.  Income is recognized through the accretion of discount.
(j)	Less than 0.005%.
(k)	Security does not have a market value or rate. Security will not be entitled to distributions in respect of principal or interest other than excess interest paid with respect to the mortgage loans.
(l)	The Level 3 assets were a result of unavailable quoted prices from an active market or the unavailability of other significant observable inputs.
(m)	Interest only securities.
(n)	Step up bond. Coupon changes periodically based upon a predetermined schedule. Interest rate disclosed is that which is in effect at June 30, 2021.

See Notes to Quarterly Schedule of Investments.

RiverNorth/Oaktree High Income Fund

SCHEDULE OF INVESTMENTS

June 30, 2021 (Unaudited)

Shares/Description			Value
CLOSED-END FUNDS - 0.64%
	56,016	Western Asset High Income Opportunity Fund, Inc.	$	295,764
TOTAL CLOSED-END FUNDS
(Cost $257,851)				295,764
COMMON STOCKS - 0.14%
	947	DBI Investors, Inc.(a)(b)		512
	2,509	PHI Group, Inc.(a)(b)		48,047
	795	Phi, Inc.(a)(b)		15,224
	6	Toys R Us Propco Equity, Perpetual Maturity(b)		150
TOTAL COMMON STOCKS
(Cost $213,399)				63,933
PREFERRED STOCKS - 0.22%
	116	DBI Investors Inc., (10.000%)(a)(b)(c)(d)		23
	113	Sequa Corp., 7.000%(a)(b)(d)		101,639
TOTAL PREFERRED STOCKS
(Cost $124,040)				101,662

Principal Amount/Description			Rate	Maturity	Value
BANK LOANS - 35.80%(e)
Canada - 0.06%
$	27,000	APLP Holdings LP, First Lien  - B Term Loan	3M US L + 3.75%, 1.00% Floor	05/14/2027		27,059
France - 0.41%
	192,000	Numericable U.S. LLC, First Lien  - USD TLB-11 Term Loan	3M US L + 2.75%	07/31/2025		189,120
Germany - 0.83%
	157,130	CTC AcquiCo GmbH, First Lien  - Facility B2 Term Loan	3M US L + 2.75%	03/07/2025		154,086
	228,834	Springer Nature Deutschland GmbH, First Lien  - Initial B18 Term Loan	1M US L + 3.00%, 0.75% Floor	08/14/2026		229,120
						383,206
Great Britain - 2.15%
	145,502	EG Group, Ltd., First Lien  - Additional Facility Term Loan	3M US L + 4.00%	02/07/2025		144,723
	248,125	Froneri International, Ltd., First Lien  - Facility B2 Term Loan	1M US L + 2.25%	01/29/2027		244,761
	300,000	Genesis Care Finance Pty, Ltd., First Lien  - Facility B2 Term Loan	3M EUR L + 3.50%	10/30/2025		354,020
	181,182	Lernen Bidco, Ltd., First Lien  - Facility B1 (EUR) Term Loan	6M US L + 4.25%	10/24/2025		213,063
	33,000	Paysafe Group Holdings II, Ltd., First Lien  - Facility B1 Term Loan	3M US L + 3.25%, 0.50% Floor	06/10/2028		32,876
						989,443
Luxembourg - 1.39%
	144,750	Altice Financing S.A., First Lien  - October 2017 USD Term Loan	3M US L + 2.75%	01/31/2026		142,506

Principal Amount/Description			Rate	Maturity	Value
$	110,000	ICON Luxembourg S.A.R.L., First Lien  - B Term Loan(f)	L  + 2.50%, 0.50% Floor	07/01/2028	$	110,301
	137,105	Intelsat Jackson Holdings S.A., First Lien  - DIP Facility Term Loan	3M US L + 5.50%, 1.00% Floor	07/13/2022		138,305
	249,372	Surf Holdings S.a r.l., First Lien  - Dollar Tranche Term Loan	3M US L + 3.50%	03/05/2027		248,048
						639,160
Netherlands - 1.47%
	283,418	Peer Holdings III B.V., First Lien  - Facility B Term Loan	6M US L + 3.25%	03/07/2025		335,207
	250,000	Sigma Holdco B.V., First Lien  - Facility B4 (GBP) Term Loan	6M US L + 4.00%	07/02/2025		337,743
						672,950
United States - 29.49%
	63,000	AAdvantage Loyality IP, Ltd., First Lien  - Initial Term Loan	3M US L + 3.00%, 0.75% Floor	04/20/2028		65,760
	242,707	Access CIG LLC, First Lien  - B Term Loan	3M US L + 3.75%	02/27/2025		241,562
	145,875	Adtalem Global Education, Inc., First Lien  - B Term Loan	1M US L + 3.00%	04/11/2025		145,875
	125,000	Adtalem Global Education, Inc., First Lien  - B Term Loan	3M US L + 3.00%, 0.75% Floor	02/12/2028		124,984
	33,000	AI Aqua Merger Sub, Inc., First Lien  - B Term Loan	3M US L + 2.75%, 0.50% Floor	06/17/2028		33,124
	125,000	Allied Universal Holdco LLC, First Lien  - Initial U.S. Dollar Term Loan	1M US L + 3.75%, 0.50% Floor	05/12/2028		125,504
	53,000	American Rock Salt Company LLC, First Lien  - Initial Term Loan	3M US L + 3.25%, 0.75% Floor	06/09/2028		53,199
	44,000	Ankura Consulting Group LLC, First Lien  - Closing Date Term Loan	3M Us L + 4.00%, 0.75% Floor	03/17/2028		44,220
	55,000	Artera Services, LLC, TL(f)	L + 3.50%, 1.00% Floor	03/06/2025		54,880
	247,500	AssuredPartners, Inc., First Lien  - 2020 June Incremental Term Loan	1M US L + 4.50%, 1.00% Floor	02/12/2027		248,335
	248,642	Astoria Energy LLC, First Lien  - B Advance (2020) Term Loan	3M US L + 4.25%, 1.00% Floor	12/10/2027		248,797
	142,062	Asurion LLC, First Lien  - New B-8 Term Loan	1M US L + 3.25%	12/23/2026		140,619
	244,375	Atlantic Aviation FBO, Inc., First Lien  - B Term Loan	1M US L + 3.75%	12/06/2025		244,589
	18,000	Atlas Purchaser, Inc., First Lien  - Initial Term Loan	3M US L + 3.00%, 0.75% Floor	05/08/2028		17,749
	100,000	Azalea TopCo, Inc., First Lien	3M US L + 4.00%, 0.75% Floor	07/24/2026		100,416
	177,874	BCP Renaissance Parent LLC, First Lien  - Initial Term Loan	3M US L + 3.50%, 1.00% Floor	10/31/2024		175,142
	45,000	BCPE North Star US Holdco 2, Inc., First Lien  - Initial Term Loan	3M US L + 3.75%, 0.75% Floor	06/09/2028		45,056
	243,750	Bracket Intermediate Holding Corp., First Lien  - Initial Term Loan	3M US L + 4.25%	09/05/2025		243,826
	244,388	Brookfield WEC Holdings, Inc., First Lien  - Initial (2021) Term Loan	3M US L + 2.75%, 0.50% Floor	08/01/2025		242,333
	249,375	Calpine Corp., First Lien  - 2020 Term Loan	1M US L + 2.50%	12/16/2027		248,046
	246,875	Camelot U.S. Acquisition 1 Co., First Lien  - Initial Term Loan	1M US L + 3.00%	10/30/2026		246,134
	25,000	Carnival Corp., First Lien  - Initial Advance Term Loan	3M US L + 7.50%, 0.75% Floor	06/30/2025		25,651
	201,444	Cengage Learning, Inc., First Lien  - 2016 Refinancing Term Loan	3M US L + 4.25%, 1.00% Floor	06/07/2023		202,020

Principal Amount/Description			Rate	Maturity	Value
$	244,375	CentralSquare Technologies LLC, First Lien  - Initial Term Loan	3M US L + 3.75%	08/29/2025	$	229,102
	177,910	Charter Next Generation, Inc., First Lien  - Initial  Retired 06/29/2021 Term Loan	1M US L + 4.25%, 0.75% Floor	12/01/2027		178,549
	248,101	CITGO Petroleum Corp., First Lien  - 2019 Incremental B Term Loan	3M US L + 6.25%, 1.00% Floor	03/28/2024		250,118
	28,000	CPV Maryland LLC, First Lien  - B Advance Term Loan	3M US L + 5.25%, 1.00% Floor	05/11/2028		27,160
	150,000	CQP Holdco LP TLB	3M US L + 4.00%	06/05/2028		149,588
	250,000	DRW Holdings LLC, First Lien  - Initial Term Loan	1M US L + 3.75%	03/01/2028		249,844
	116,875	E.W. Scripps Company, First Lien  - Tranche B-3 Term Loan	1M US L + 5.50%, 0.75% Floor	01/07/2028		116,973
	243,125	Flynn Restaurant Group LP, First Lien  - Initial Term Loan	1M US L + 3.50%	06/27/2025		241,822
	125,000	Flynn Restaurant Group LP, Second Lien  - Initial Term Loan	1M US L + 7.00%	06/29/2026		123,594
	34,000	Foundation Building Materials, Inc., First Lien  - Initial Term Loan	3M US L + 4.25%, 0.50% Floor	01/31/2028		33,812
	50,000	GI Chill Acquisition LLC, First Lien  - Initial Term Loan	3M US L + 4.00%	08/06/2025		49,984
	249,375	Great Outdoors Group LLC, First Lien  - B-1 Term Loan	3M US L + 4.50%, 0.75% Floor	03/06/2028		250,583
	249,375	Greeneden U.S. Holdings I LLC, First Lien  - Initial Dollar (2020) Term Loan	1M US L + 4.00%, 0.75% Floor	12/01/2027		250,267
	246,979	Harbor Freight Tools USA, Inc., First Lien  - Initial (2020) Retired 07/01/2021 Term Loan	1M US L + 3.00%, 0.75% Floor	10/19/2027		247,336
	63,000	Hudson River Trading LLC, First Lien	1M US L + 3.00%	03/20/2028		62,882
	249,375	IRB Holding Corp., First Lien  - Fourth Amendment Incremental Term Loan	3M US L + 3.25%, 1.00% Floor	12/15/2027		249,668
	250,000	Ivanti Software, Inc., First Lien  - Initial Term Loan	1M US L + 3.00%, 1.00% Floor	12/01/2027		250,746
	124,679	KUEHG Corp, First Lien  - B-3 Term Loan	3M US L + 3.75%, 1.00% Floor	02/21/2025		123,011
	130,910	Life Time, Inc., First Lien  - 2021 Refinancing Term Loan	3M EUR L + 4.75%, 1.00% Floor	12/16/2024		131,728
	236,721	LMBE-MC Holdco II LLC, First Lien	3M US L + 4.00%, 1.00% Floor	12/03/2025		230,803
	249,375	LogMeIn, Inc., First Lien  - Initial Term Loan	1M US L + 4.75%	08/31/2027		249,278
	100,000	LTI Holdings, Inc., First Lien	3M US L + 4.00%	07/24/2026		100,063
	246,256	Lumen Technologies, Inc., First Lien  - B Term Loan	1M US L + 2.25%	03/15/2027		243,270
	46,000	MajorDrive Holdings IV LLC, First Lien  - Initial Term Loan	3M US L + 3.75%, 0.50% Floor	06/01/2028		46,108
	55,827	Marcel LUX IV S.a.r.l., First Lien  - Original Facility Term Loan	1M US L + 4.00%, 0.75% Floor	12/31/2027		55,896
	250,000	Mileage Plus Holdings LLC, First Lien  - Initial Term Loan	3M US L + 5.25%, 1.00% Floor	06/21/2027		267,330
	241,282	Natgasoline LLC, First Lien  - Initial Term Loan	1M US L + 3.50%	11/14/2025		241,583
	150,000	OB Hospitalist Group, Inc., First Lien  - Initial Term Loan	3M US L + 4.00%, 1.00% Floor	08/01/2024		150,375
	246,835	Olaplex, Inc., First Lien  - Initial Term Loan	1M US L + 6.50%, 1.00% Floor	01/08/2026		246,835

Principal Amount/Description			Rate	Maturity	Value
$	91,455	Onvoy LLC, First Lien  - Initial Term Loan	1M US L + 4.50%, 1.00% Floor	02/10/2024	$	91,498
	249,375	Pactiv Evergreen, Inc., First Lien  - Tranche B-2 U.S. Term Loan	1M US L + 3.25%	02/05/2026		248,106
	99,747	PetVet Care Centers LLC, First Lien  - 2021 Replacement Term Loan	3M US L + 3.50%, 0.75% Floor	02/14/2025		100,170
	33,000	Polaris Newco LLC, First Lien  - Dollar Term Loan(f)	L + 4.00%, 0.50% Floor	06/04/2028		33,138
	249,352	ProAmpac PG Borrower LLC, First Lien  - 2020-1 Term Loan	3M US L + 3.75%, 0.75% Floor	11/03/2025		249,571
	55,000	Proofpoint, First Lien  -  Term Loan(f)	L + 3.25%, 0.50% Floor	06/10/2028		54,760
	246,367	ProQuest LLC, First Lien  - Initial Term Loan	1M US L + 3.25%	10/23/2026		246,380
	246,875	Pug LLC, First Lien  - USD B Term Loan	1M US L + 3.50%	02/12/2027		241,939
	100,000	QUIKRETE Holdings, Inc., First Lien  - B-1 Fourth Amendment Term Loan	1M US L + 3.00%	05/12/2028		99,312
	49,000	Rackspace Technology Global, Inc., First Lien  - 2021 B Term Loan	3M US L + 2.75%, 0.75% Floor	02/15/2028		48,795
	235,231	Recorded Books, Inc., First Lien  - 2021 Replacement Term Loan	3M US L + 2.75%	08/29/2025		235,819
	50,000	SCIH Salt Holdings, Inc., First Lien  - Incremental B-1 Term Loan	3M US L + 3.50%, 0.75% Floor	03/16/2027		50,161
	220,891	Shearer's Foods LLC, First Lien	3M US L + 3.50%, 0.75% Floor	09/23/2027		221,351
	44,000	SM Wellness Holdings, Inc., First Lien  - Initial Term Loan	3M US L + 3.75%, 0.75% Floor	04/17/2028		43,945
	250,000	Sotera Health Holdings LLC, First Lien  - Refinancing Term Loan	3M US L + 3.25%, 0.50% Floor	12/11/2026		249,427
	150,000	Spin Holdco, Inc., First Lien  - Initial Term Loan	1M US L + 3.50%, 0.75% Floor	03/04/2028		150,422
	214,668	St. George's University Scholastic Services LLC, First Lien	1M US L + 3.25%	07/17/2025		215,026
	100,000	Tiger Acquisition LLC, First Lien  - Initial Term Loan(f)	L + 3.25%, 0.50% Floor	06/01/2028		99,906
	29,000	Tivity Health, Inc., TLB(f)	L + 4.25%	06/24/2028		29,109
	43,000	Triton Water Holdings, Inc., First Lien  - Initial Term Loan	3M US L + 3.50%, 0.50% Floor	03/31/2028		43,006
	249,352	U.S. Anesthesia Partners, Inc., First Lien  - Initial Term Loan	3M US L + 3.00%, 1.00% Floor	06/23/2024		247,968
	274,295	Uber Technologies, Inc., First Lien  - 2021 Incremental Term Loan	1M US L + 3.50%	04/04/2025		274,687
	229,171	UFC Holdings LLC, First Lien	3M US L + 2.75%, 0.75% Floor	04/29/2026		229,171
	248,752	UKG, Inc., First Lien  - 2021 Incremental Term Loan	3M US L + 4.00%, 0.75% Floor	05/04/2026		249,362
	50,000	United AirLines, Inc., First Lien  - Class B Term Loan	3M US L + 3.75%, 0.75% Floor	04/21/2028		50,726
	45,000	Univision Communications, Inc., First Lien  - B Term Loan	3M US L + 4.00%, 0.75% Floor	05/05/2028		44,906
	250,000	Verscend Holding Corp., First Lien  - B-1 Term Loan	1M US L + 4.00%	08/27/2025		250,982
	35,480	Vestcom Parent Holdings, Inc., First Lien  - L/C Collaterilized Term Loan	1M US L + 4.00%, 1.00% Floor	12/19/2023		35,370
	300,000	Virgin Media Bristol LLC, First Lien  - Facility Q Term Loan	3M US L + 3.50%	01/31/2029		300,145
	248,666	William Morris Endeavor Entertainment LLC, First Lien  - B-1 Term Loan	1M US L + 2.75%	05/18/2025		244,704
	372,182	Windstream Services II LLC, First Lien  - Initial Term Loan	1M US L + 6.25%, 1.00% Floor	09/21/2027		373,904

Principal Amount/Description			Rate	Maturity	Value
$	130,648	YI LLC, First Lien  - Initial Term Loan	1M US L + 4.00%, 1.00% Floor	11/07/2024	$	128,688
						13,548,583
TOTAL BANK LOANS
(Cost $16,370,391)						16,449,521
HIGH YIELD DEBT- 59.69%
Australia - 0.37%
	40,000	Mineral Resources, Ltd.(g)	8.13%	05/01/2027		44,084
	120,000	Nufarm Australia, Ltd. / Nufarm Americas, Inc.(g)	5.75%	04/30/2026		123,579
						167,663
Canada - 2.61%
	30,000	Baytex Energy Corp.(g)	8.75%	04/01/2027		30,265
	80,000	Bombardier, Inc.(g)	7.50%	03/15/2025		82,450
	80,000	Bombardier, Inc.(g)	7.13%	06/15/2026		83,860
	35,000	Cascades, Inc./Cascades USA, Inc.(g)	5.13%	01/15/2026		37,391
	110,000	Cascades, Inc./Cascades USA, Inc.(g)	5.38%	01/15/2028		115,775
	35,000	Eldorado Gold Corp.(g)	9.50%	06/01/2024		38,015
	70,000	Empire Communities Corp.(g)	7.00%	12/15/2025		73,743
	20,000	First Quantum Minerals, Ltd.(g)	7.25%	04/01/2023		20,412
	25,000	First Quantum Minerals, Ltd.(g)	6.50%	03/01/2024		25,575
	85,000	GFL Environmental, Inc.(g)	5.13%	12/15/2026		90,184
	35,000	GFL Environmental, Inc.(g)	4.75%	06/15/2029		36,384
	150,000	goeasy, Ltd.(g)	4.38%	05/01/2026		153,937
	105,000	Intelligent Packaging, Ltd. Finco, Inc. / Intelligent Packaging Ltd Co.-Issuer LLC(g)	6.00%	09/15/2028		109,479
	50,000	Intertape Polymer Group, Inc.(g)	4.38%	06/15/2029		50,767
	45,000	MEG Energy Corp.(g)	7.13%	02/01/2027		48,061
	110,000	Mercer International, Inc.(g)	5.13%	02/01/2029		113,328
	60,000	Precision Drilling Corp.(g)	7.13%	01/15/2026		61,922
	25,000	Precision Drilling Corp.(g)	6.88%	01/15/2029		25,781
						1,197,329
Cayman Islands - 0.20%
	90,000	Transocean Poseidon, Ltd.(g)	6.88%	02/01/2027		90,581
France - 1.45%
	100,000	Altice France SA(h)	5.88%	02/01/2027		125,845
	120,000	Altice France SA(g)	5.50%	01/15/2028		124,674
	55,000	Altice France SA(g)	5.13%	07/15/2029		55,338
	100,000	Banijay Entertainment SASU(g)	3.50%	03/01/2025		120,026
	100,000	Chrome Bidco SASU(g)	3.50%	05/31/2028		120,504
	100,000	Laboratoire Eimer Selas(g)	5.00%	02/01/2029		121,115
						667,502
Germany - 1.36%
	100,000	Cheplapharm Arzneimittel GmbH(h)	4.38%	01/15/2028		123,466
	100,000	IHO Verwaltungs GmbH(c)(h)	3.75%    (4.50%)	09/15/2026		121,149
	120,000	Nidda Healthcare Holding GmbH(h)	3.50%	09/30/2024		142,171
	100,000	Tele Columbus AG(h)	3.88%	05/02/2025		120,308
	100,000	WEPA Hygieneprodukte GmbH(h)	2.88%	12/15/2027		117,345
						624,439
Great Britain - 2.52%
	100,000	Arqiva Broadcast Finance PLC	6.75%	09/30/2023		142,250
	100,000	Bellis Acquisition Co. PLC(g)	3.25%	02/16/2026		138,762
	55,000	Connect Finco SARL / Connect US Finco LLC(g)	6.75%	10/01/2026		58,232
	100,000	eG Global Finance PLC(h)	6.25%	10/30/2025		121,767
	100,000	Pinnacle Bidco PLC(h)	5.50%	02/15/2025		121,817

Principal Amount/Description			Rate	Maturity	Value
$	60,000	Rolls-Royce PLC(g)	5.75%	10/15/2027	$	66,167
	20,000	TechnipFMC PLC(g)	6.50%	02/01/2026		21,601
	100,000	Thames Water Kemble Finance PLC(h)	4.63%	05/19/2026		142,229
	60,000	Virgin Media Finance PLC(g)	5.00%	07/15/2030		60,697
	160,000	Vmed O2 UK Financing I PLC(g)	4.75%	07/15/2031		162,800
	100,000	Vodafone Group PLC(e)	3.00% - 5Y EUR SWAP	08/27/2080		122,081
						1,158,403
Ireland - 0.92%
	200,000	Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc.(g)	5.25%	08/15/2027		204,266
	75,000	Jazz Securities DAC(g)	4.38%	01/15/2029		77,854
	100,000	Virgin Media Vendor Financing Notes III DAC(g)	4.88%	07/15/2028		140,837
						422,957
Isle Of Man - 0.26%
	100,000	Playtech PLC	3.75%	10/12/2023		120,463
Italy - 1.88%
	100,000	Bormioli Pharma SpA(e)(h)	3M EUR L + 3.50%	11/15/2024		118,264
	100,000	Brunello Bidco SpA(g)	3.50%	02/15/2028		118,803
	100,000	Cedacri Mergeco SPA(e)(g)	3M EUR L + 4.625%	05/15/2028		120,353
	100,000	Centurion Bidco SpA(h)	5.88%	09/30/2026		124,167
	100,000	Gamma Bidco SpA(e)(h)	3M EUR L + 6.00%	07/15/2025		119,332
	120,000	Guala Closures SpA(h)	3.25%	06/15/2028		142,955
	100,000	Sofima Holding SpA(h)	3.75%	01/15/2028		119,378
						863,252
Jersey - 0.31%
	100,000	AA Bond Co., Ltd.(h)	6.50%	01/31/2026		144,022
Luxembourg - 3.36%
	100,000	Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(g)	4.63%	06/01/2028		100,324
	100,000	Altice Financing SA(g)	3.00%	01/15/2028		113,075
	100,000	Altice France Holding SA(g)	4.00%	02/15/2028		114,202
	15,000	ArcelorMittal SA	7.25%	10/15/2039		21,214
	100,000	ARD Finance SA(c)(g)	5.00%    (5.75%)	06/30/2027		121,871
	100,000	Cirsa Finance International SARL(h)	6.25%	12/20/2023		120,521
	100,000	Dana Financing Luxembourg Sarl(g)	3.00%	07/15/2029		121,772
	85,000	Dana Financing Luxembourg SARL(g)	5.75%	04/15/2025		87,921
	100,000	Lincoln Financing SARL(h)	3.63%	04/01/2024		120,203
	100,000	Matterhorn Telecom SA(h)	4.00%	11/15/2027		122,071
	100,000	Monitchem HoldCo 2 SA(h)	9.50%	09/15/2026		129,098
	100,000	Motion Finco SARL(h)	7.00%	05/15/2025		125,735
	100,000	Summer BC Holdco B SARL(h)	5.75%	10/31/2026		124,354
	100,000	Telenet Finance Luxembourg Notes SARL(h)	3.50%	03/01/2028		123,403
						1,545,764
Netherlands - 2.52%
	115,000	Energizer Gamma Acquisition BV(g)	3.50%	06/30/2029		136,065
	107,000	OCI NV(g)	4.63%	10/15/2025		111,932
	100,000	Sigma Holdco BV(h)	5.75%	05/15/2026		115,521
	100,000	Telefonica Europe BV(d)(e)	4.38%	Perpetual Maturity		128,881
	100,000	Trivium Packaging Finance BV(g)	3.75%	08/15/2026		120,564
	200,000	UPC Holding BV(g)	5.50%	01/15/2028		210,217
	45,000	Ziggo Bond Co. BV(g)	5.13%	02/28/2030		46,147
	100,000	Ziggo Bond Co. BV(h)	3.38%	02/28/2030		117,271

Principal Amount/Description			Rate	Maturity	Value
$	145,000	Ziggo Bond Co. BV(g)	3.38%	02/28/2030	$	170,042
						1,156,640
Spain - 0.28%
	105,000	Lorca Telecom Bondco SA(g)	4.00%	09/18/2027		127,005
Sweden - 0.52%
	100,000	Intrum AB(h)	3.00%	09/15/2027		117,595
	100,000	Verisure Midholding AB(h)	5.25%	02/15/2029		122,132
						239,727
United States - 41.13%
	40,000	Academy, Ltd.(g)	6.00%	11/15/2027		42,893
	135,000	Acadia Healthcare Co., Inc.(g)	5.50%	07/01/2028		144,389
	10,000	Acadia Healthcare Co., Inc.(g)	5.00%	04/15/2029		10,457
	70,000	Acuris Finance Us, Inc. / Acuris Finance SARL(g)	5.00%	05/01/2028		69,998
	70,000	Ahead DB Holdings LLC(g)	6.63%	05/01/2028		72,640
	45,000	Albertsons Cos. Inc / Safeway, Inc. / New Albertsons LP / Albertsons LLC(g)	5.88%	02/15/2028		48,543
	105,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.(g)	6.63%	07/15/2026		111,455
	40,000	Ambience Merger Sub, Inc.(g)	7.13%	07/15/2029		40,500
	60,000	American Airlines, Inc.(g)	11.75%	07/15/2025		75,375
	50,000	American Airlines, Inc./AAdvantage Loyalty IP, Ltd.(g)	5.50%	04/20/2026		53,000
	30,000	American Airlines, Inc./AAdvantage Loyalty IP, Ltd.(g)	5.75%	04/20/2029		32,475
	60,000	Apache Corp.	4.75%	04/15/2043		62,514
	175,000	APX Group, Inc.(g)	6.75%	02/15/2027		186,833
	10,000	Aramark Services, Inc.(g)	6.38%	05/01/2025		10,637
	115,000	Aramark Services, Inc.(g)	5.00%	02/01/2028		120,572
	45,000	Archrock Partners LP / Archrock Partners Finance Corp.(g)	6.88%	04/01/2027		47,912
	105,000	Archrock Partners LP / Archrock Partners Finance Corp.(g)	6.25%	04/01/2028		109,820
	105,000	Arconic Corp.(g)	6.13%	02/15/2028		112,950
	31,000	Asbury Automotive Group, Inc.	4.50%	03/01/2028		31,914
	33,000	Asbury Automotive Group, Inc.	4.75%	03/01/2030		34,543
	30,000	Ascent Resources Utica Holdings LLC / ARU Finance Corp.(g)	7.00%	11/01/2026		31,489
	50,000	AssuredPartners, Inc.(g)	5.63%	01/15/2029		50,100
	84,000	Bausch Health Cos., Inc.(g)	6.13%	04/15/2025		86,205
	142,000	Bausch Health Cos., Inc.(g)	5.00%	01/30/2028		134,922
	65,000	Bausch Health Cos., Inc.(g)	4.88%	06/01/2028		66,609
	75,000	Big River Steel LLC / BRS Finance Corp.(g)	6.63%	01/31/2029		82,861
	35,000	Block Communications, Inc.(g)	4.88%	03/01/2028		35,830
	65,000	Boyd Gaming Corp.	4.75%	12/01/2027		67,356
	65,000	Brink's Co.(g)	5.50%	07/15/2025		69,239
	45,000	Buckeye Partners LP(g)	4.50%	03/01/2028		46,229
	85,000	Cablevision Lightpath LLC(g)	5.63%	09/15/2028		86,743
	125,000	Caesars Entertainment, Inc.(g)	6.25%	07/01/2025		132,656
	9,000	Callon Petroleum Co.	6.38%	07/01/2026		8,630
	160,000	Calpine Corp.(g)	5.13%	03/15/2028		163,026
	120,000	Carnival Corp.(g)	5.75%	03/01/2027		125,850
	35,000	Carpenter Technology Corp.	6.38%	07/15/2028		38,441
	100,000	CCO Holdings LLC / CCO Holdings Capital Corp.(g)	5.50%	05/01/2026		103,624
	25,000	CCO Holdings LLC / CCO Holdings Capital Corp.(g)	5.00%	02/01/2028		26,250
	15,000	CCO Holdings LLC / CCO Holdings Capital Corp.(g)	5.38%	06/01/2029		16,415

Principal Amount/Description			Rate	Maturity	Value
$	120,000	CCO Holdings LLC / CCO Holdings Capital Corp.(g)	4.75%	03/01/2030	$	127,050
	130,000	Cedar Fair LP	5.25%	07/15/2029		134,185
	65,000	Central Garden & Pet Co.	5.13%	02/01/2028		68,894
	24,000	ChampionX Corp.	6.38%	05/01/2026		25,234
	80,000	Change Healthcare Holdings LLC / Change Healthcare Finance, Inc.(g)	5.75%	03/01/2025		81,400
	90,000	Cheniere Energy, Inc.(g)	4.63%	10/15/2028		95,063
	25,000	Chesapeake Energy Corp.(g)	5.50%	02/01/2026		26,445
	40,000	Chesapeake Energy Corp.(g)	5.88%	02/01/2029		43,350
	30,000	Chobani LLC / Chobani Finance Corp., Inc.(g)	7.50%	04/15/2025		31,272
	30,000	CHS/Community Health Systems, Inc.(g)	8.00%	03/15/2026		32,363
	60,000	CHS/Community Health Systems, Inc.(g)	5.63%	03/15/2027		64,129
	160,000	CHS/Community Health Systems, Inc.(g)	6.00%	01/15/2029		171,412
	15,000	CHS/Community Health Systems, Inc.(g)	4.75%	02/15/2031		15,075
	65,000	Churchill Downs, Inc.(g)	5.50%	04/01/2027		67,884
	10,000	Churchill Downs, Inc.(g)	4.75%	01/15/2028		10,361
	145,000	CITGO Petroleum Corp.(g)	7.00%	06/15/2025		151,281
	35,000	CITGO Petroleum Corp.(g)	6.38%	06/15/2026		36,534
	75,000	Clarivate Science Holdings Corp.(g)	4.88%	06/30/2029		77,063
	30,000	Clean Harbors, Inc.(g)	5.13%	07/15/2029		32,732
	95,000	Clear Channel Outdoor Holdings, Inc.(g)	7.75%	04/15/2028		99,636
	65,000	Cleveland-Cliffs, Inc.(g)	6.75%	03/15/2026		70,200
	70,000	Cleveland-Cliffs, Inc.(g)	4.63%	03/01/2029		73,746
	30,000	Cleveland-Cliffs, Inc.(g)	4.88%	03/01/2031		31,539
	75,000	Colgate Energy Partners III LLC(g)	7.75%	02/15/2026		82,479
	20,000	Colgate Energy Partners III LLC(g)	5.88%	07/01/2029		20,775
	34,000	CommScope Technologies LLC(g)	6.00%	06/15/2025		34,765
	155,000	CommScope Technologies LLC(g)	5.00%	03/15/2027		158,875
	5,000	CommScope, Inc.(g)	5.50%	03/01/2024		5,159
	30,000	CommScope, Inc.(g)	6.00%	03/01/2026		31,708
	100,000	Compass Group Diversified Holdings LLC(g)	5.25%	04/15/2029		104,125
	85,000	Comstock Resources, Inc.(g)	6.75%	03/01/2029		90,651
	25,000	Comstock Resources, Inc.(g)	5.88%	01/15/2030		25,531
	70,000	Consolidated Communications, Inc.(g)	5.00%	10/01/2028		71,103
	130,000	Coty, Inc.(g)	5.00%	04/15/2026		132,180
	130,000	Covanta Holding Corp.	6.00%	01/01/2027		135,624
	62,000	CrownRock LP / CrownRock Finance, Inc.(g)	5.63%	10/15/2025		64,347
	35,000	CrownRock LP / CrownRock Finance, Inc.(g)	5.00%	05/01/2029		36,806
	115,000	CSC Holdings LLC(g)	5.75%	01/15/2030		119,600
	110,000	CSC Holdings LLC(g)	4.63%	12/01/2030		108,060
	30,000	CSC Holdings LLC(g)	5.00%	11/15/2031		30,184
	20,000	Cushman & Wakefield US Borrower LLC(g)	6.75%	05/15/2028		21,622
	20,000	Dana, Inc.	5.38%	11/15/2027		21,330
	30,000	Dana, Inc.	5.63%	06/15/2028		32,526
	140,000	DaVita, Inc.(g)	4.63%	06/01/2030		144,126
	25,000	DCP Midstream Operating LP	5.13%	05/15/2029		27,661
	30,000	DCP Midstream Operating LP(g)	6.45%	11/03/2036		35,273
	20,000	DCP Midstream Operating LP	5.60%	04/01/2044		22,096
	35,000	DISH DBS Corp.	7.75%	07/01/2026		39,681
	35,000	DISH DBS Corp.	7.38%	07/01/2028		37,708
	55,000	DISH DBS Corp.(g)	5.13%	06/01/2029		54,378
	55,000	DT Midstream, Inc.(g)	4.38%	06/15/2031		56,267
	50,000	Dycom Industries, Inc.(g)	4.50%	04/15/2029		50,498
	45,000	Edgewell Personal Care Co.(g)	5.50%	06/01/2028		47,790
	80,000	Encompass Health Corp.	4.50%	02/01/2028		83,112

Principal Amount/Description			Rate	Maturity	Value
$	50,000	EnLink Midstream LLC(g)	5.63%	01/15/2028	$	52,972
	15,000	EQM Midstream Partners LP(g)	4.50%	01/15/2029		15,280
	70,000	EQM Midstream Partners LP(g)	4.75%	01/15/2031		72,218
	100,000	ESH Hospitality, Inc.(g)	5.25%	05/01/2025		101,985
	10,000	FirstCash, Inc.(g)	4.63%	09/01/2028		10,469
	35,000	FirstEnergy Corp.	5.35%	07/15/2047		42,061
	25,000	FirstEnergy Transmission LLC(g)	4.55%	04/01/2049		29,421
	5,000	Ford Motor Credit Co. LLC	5.60%	01/07/2022		5,109
	30,000	Ford Motor Credit Co. LLC	5.13%	06/16/2025		33,075
	45,000	Ford Motor Credit Co. LLC	4.13%	08/17/2027		47,797
	70,000	Ford Motor Credit Co. LLC	5.11%	05/03/2029		78,459
	30,000	Frontier Communications Holdings LLC(g)	5.88%	10/15/2027		32,175
	195,000	Frontier Communications Holdings LLC(g)	5.00%	05/01/2028		201,841
	35,000	Frontier Communications Holdings LLC(g)	6.75%	05/01/2029		37,284
	35,000	Go Daddy Operating Co. LLC / GD Finance Co, Inc.(g)	5.25%	12/01/2027		36,800
	125,000	Golden Nugget, Inc.(g)	6.75%	10/15/2024		126,434
	55,000	Goodyear Tire & Rubber Co.	9.50%	05/31/2025		61,545
	35,000	Goodyear Tire & Rubber Co.	5.25%	04/30/2031		36,575
	80,000	Great Lakes Dredge & Dock Corp.(g)	5.25%	06/01/2029		82,632
	75,000	Greystar Real Estate Partners LLC(g)	5.75%	12/01/2025		77,348
	55,000	Grinding Media, Inc. / Moly-Cop AltaSteel, Ltd.(g)	7.38%	12/15/2023		56,429
	50,000	Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.(g)	5.75%	01/20/2026		53,743
	35,000	Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl(g)	4.63%	05/01/2028		34,366
	100,000	Herc Holdings, Inc.(g)	5.50%	07/15/2027		105,547
	75,000	Hess Midstream Operations LP(g)	5.63%	02/15/2026		78,319
	5,000	Hess Midstream Operations LP(g)	5.13%	06/15/2028		5,251
	135,000	Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc(g)	5.00%	06/01/2029		138,206
	50,000	HLF Financing Sarl LLC / Herbalife International, Inc.(g)	4.88%	06/01/2029		50,440
	45,000	HUB International, Ltd.(g)	7.00%	05/01/2026		46,781
	15,000	Hunt Companies, Inc.(g)	5.25%	04/15/2029		14,597
	40,000	IAA, Inc.(g)	5.50%	06/15/2027		42,069
	10,000	iHeartCommunications, Inc.	8.38%	05/01/2027		10,725
	110,000	iHeartCommunications, Inc.(g)	5.25%	08/15/2027		115,214
	80,000	Illuminate Buyer LLC / Illuminate Holdings IV, Inc.(g)	9.00%	07/01/2028		89,362
	135,000	Imola Merger Corp.(g)	4.75%	05/15/2029		139,050
	19,000	Ingles Markets, Inc.	5.75%	06/15/2023		19,040
	115,000	Intelsat Jackson Holdings SA(g)(i)	8.00%	02/15/2024		118,959
	100,000	International Game Technology PLC(h)	3.50%	06/15/2026		121,682
	55,000	Iron Mountain, Inc.(g)	5.25%	03/15/2028		57,670
	15,000	Iron Mountain, Inc.(g)	5.00%	07/15/2028		15,617
	105,000	Iron Mountain, Inc.(g)	4.88%	09/15/2029		108,528
	55,000	Iron Mountain, Inc.(g)	5.25%	07/15/2030		58,296
	115,000	Kennedy-Wilson, Inc.	4.75%	03/01/2029		118,616
	90,000	Kraft Heinz Foods Co.	6.88%	01/26/2039		129,608
	40,000	Kraft Heinz Foods Co.	6.50%	02/09/2040		55,712
	30,000	Kraft Heinz Foods Co.	4.88%	10/01/2049		36,497
	10,000	L Brands, Inc.(g)	9.38%	07/01/2025		12,952
	105,000	L Brands, Inc.	7.50%	06/15/2029		123,781
	15,000	L Brands, Inc.(g)	6.63%	10/01/2030		17,381
	25,000	L Brands, Inc.	6.95%	03/01/2033		30,408

Principal Amount/Description			Rate	Maturity	Value
$	20,000	Lamar Media Corp.	4.00%	02/15/2030	$	20,296
	70,000	Laredo Petroleum, Inc.	9.50%	01/15/2025		73,847
	70,000	LD Holdings Group LLC(g)	6.50%	11/01/2025		71,964
	75,000	Level 3 Financing, Inc.	5.25%	03/15/2026		77,501
	20,000	Level 3 Financing, Inc.(g)	4.63%	09/15/2027		20,820
	15,000	Live Nation Entertainment, Inc.(g)	6.50%	05/15/2027		16,692
	35,000	Logan Merger Sub, Inc.(g)	5.50%	09/01/2027		36,297
	165,000	Lumen Technologies, Inc.(g)	5.13%	12/15/2026		171,794
	5,000	Lumen Technologies, Inc.(g)	4.50%	01/15/2029		4,886
	35,000	Madison IAQ LLC(g)	5.88%	06/30/2029		35,656
	125,000	Marriott Ownership Resorts, Inc.(g)	6.13%	09/15/2025		133,309
	25,000	Marriott Ownership Resorts, Inc. / ILG LLC	6.50%	09/15/2026		26,002
	45,000	Masonite International Corp.(g)	5.38%	02/01/2028		47,833
	250,000	Mauser Packaging Solutions Holding Co.(g)	5.50%	04/15/2024		252,812
	145,000	MEDNAX, Inc.(g)	6.25%	01/15/2027		153,953
	60,000	Mercer International, Inc.	5.50%	01/15/2026		61,725
	113,000	Meredith Corp.	6.88%	02/01/2026		117,667
	34,000	MGIC Investment Corp.	5.25%	08/15/2028		36,083
	85,000	MPH Acquisition Holdings LLC(g)	5.75%	11/01/2028		85,530
	45,000	Murphy Oil Corp.	5.88%	12/01/2027		47,031
	60,000	Nabors Industries, Ltd.(g)	7.25%	01/15/2026		58,921
	50,000	NCR Corp.(g)	5.75%	09/01/2027		53,006
	105,000	NCR Corp.(g)	5.13%	04/15/2029		108,413
	80,000	NCR Corp.(g)	6.13%	09/01/2029		87,313
	40,000	NCR Corp.(g)	5.25%	10/01/2030		41,551
	55,000	New Enterprise Stone & Lime Co., Inc.(g)	6.25%	03/15/2026		56,664
	35,000	New Enterprise Stone & Lime Co., Inc.(g)	9.75%	07/15/2028		39,349
	65,000	New Residential Investment Corp.(g)	6.25%	10/15/2025		65,192
	95,000	Nexstar Broadcasting, Inc.(g)	5.63%	07/15/2027		100,819
	80,000	Nexstar Broadcasting, Inc.(g)	4.75%	11/01/2028		82,300
	80,000	NFP Corp.(g)	6.88%	08/15/2028		84,458
	40,000	Novelis Corp.(g)	5.88%	09/30/2026		41,660
	5,000	NuStar Logistics LP	6.00%	06/01/2026		5,435
	55,000	NuStar Logistics LP	6.38%	10/01/2030		60,920
	98,000	Occidental Petroleum Corp.(e)	3M US L + 1.45%	08/15/2022		97,541
	185,000	Occidental Petroleum Corp.	3.20%	08/15/2026		186,919
	55,000	Occidental Petroleum Corp.	4.40%	04/15/2046		52,897
	25,000	Occidental Petroleum Corp.	4.40%	08/15/2049		24,034
	50,000	Oceaneering International, Inc.	6.00%	02/01/2028		50,446
	20,000	Olin Corp.	5.63%	08/01/2029		22,015
	105,000	Olin Corp.	5.00%	02/01/2030		112,276
	90,000	Organon & Co. / Organon Foreign Debt Co-Issuer BV(g)	5.13%	04/30/2031		92,831
	30,000	Ortho-Clinical Diagnostics, Inc. / Ortho-Clinical Diagnostics SA(g)	7.25%	02/01/2028		32,828
	35,000	Outfront Media Capital LLC / Outfront Media Capital Corp.(g)	6.25%	06/15/2025		37,114
	20,000	Outfront Media Capital LLC / Outfront Media Capital Corp.(g)	5.00%	08/15/2027		20,737
	35,000	Outfront Media Capital LLC / Outfront Media Capital Corp.(g)	4.25%	01/15/2029		35,289
	50,000	Owens & Minor, Inc.(g)	4.50%	03/31/2029		51,440
	220,000	Par Pharmaceutical, Inc.(g)	7.50%	04/01/2027		225,206
	110,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer(g)	4.88%	05/15/2029		113,927
	30,000	PDC Energy, Inc.	6.13%	09/15/2024		30,776
	65,000	PDC Energy, Inc.	5.75%	05/15/2026		67,985
	75,000	PennyMac Financial Services, Inc.(g)	4.25%	02/15/2029		72,362

Principal Amount/Description			Rate	Maturity	Value
$	40,000	Performance Food Group, Inc.(g)	5.50%	06/01/2024	$	40,168
	75,000	Performance Food Group, Inc.(g)	5.50%	10/15/2027		78,925
	25,000	PG&E Corp.	5.00%	07/01/2028		25,311
	95,000	PG&E Corp.	5.25%	07/01/2030		96,172
	130,000	Pike Corp.(g)	5.50%	09/01/2028		135,571
	55,000	Powdr Corp.(g)	6.00%	08/01/2025		57,959
	90,000	PowerTeam Services LLC(g)	9.03%	12/04/2025		99,113
	40,000	PQ Corp.(g)	5.75%	12/15/2025		41,218
	10,000	Prestige Brands, Inc.(g)	5.13%	01/15/2028		10,564
	220,000	Prime Security Services Borrower LLC / Prime Finance, Inc.(g)	6.25%	01/15/2028		234,304
	110,000	Primo Water Holdings, Inc.(h)	3.88%	10/31/2028		133,271
	85,000	Quicken Loans LLC(g)	5.25%	01/15/2028		89,356
	45,000	QVC, Inc.	4.75%	02/15/2027		47,781
	85,000	Realogy Group LLC / Realogy Co.-Issuer Corp.(g)	7.63%	06/15/2025		92,307
	75,000	Realogy Group LLC / Realogy Co.-Issuer Corp.(g)	5.75%	01/15/2029		78,509
	60,000	Renewable Energy Group, Inc.(g)	5.88%	06/01/2028		63,095
	95,000	RHP Hotel Properties LP / RHP Finance Corp.	4.75%	10/15/2027		97,730
	120,000	Rocket Software, Inc.(g)	6.50%	02/15/2029		119,239
	95,000	Royal Caribbean Cruises, Ltd.(g)	5.50%	04/01/2028		99,612
	20,000	Sabre GLBL, Inc.(g)	9.25%	04/15/2025		23,835
	55,000	Sabre GLBL, Inc.(g)	7.38%	09/01/2025		59,882
	100,000	Scientific Games International, Inc.(h)	5.50%	02/15/2026		121,243
	85,000	Scripps Escrow II, Inc.(g)	5.38%	01/15/2031		84,838
	95,000	SeaWorld Parks & Entertainment, Inc.(g)	9.50%	08/01/2025		102,008
	10,000	SEG Holding LLC / SEG Finance Corp.(g)	5.63%	10/15/2028		10,515
	35,000	Shea Homes LP / Shea Homes Funding Corp.(g)	4.75%	02/15/2028		35,934
	35,000	Shea Homes LP / Shea Homes Funding Corp.(g)	4.75%	04/01/2029		36,076
	100,000	Silgan Holdings, Inc.	3.25%	03/15/2025		119,657
	30,000	Sirius XM Radio, Inc.(g)	4.63%	07/15/2024		30,861
	5,000	Sirius XM Radio, Inc.(g)	5.50%	07/01/2029		5,455
	100,000	Six Flags Entertainment Corp.(g)	5.50%	04/15/2027		103,429
	30,000	Six Flags Theme Parks, Inc.(g)	7.00%	07/01/2025		32,371
	30,000	SM Energy Co.	5.63%	06/01/2025		29,737
	65,000	SM Energy Co.	6.50%	07/15/2028		66,869
	20,000	Southwestern Energy Co.	7.75%	10/01/2027		21,725
	40,000	Southwestern Energy Co.	8.38%	09/15/2028		45,254
	100,000	Spectrum Brands, Inc.(g)	5.00%	10/01/2029		106,298
	70,000	SS&C Technologies, Inc.(g)	5.50%	09/30/2027		74,349
	110,000	Station Casinos LLC(g)	4.50%	02/15/2028		112,095
	40,000	Stevens Holding Co., Inc.(g)	6.13%	10/01/2026		43,038
	40,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.	5.88%	03/01/2027		42,096
	135,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.(g)	5.00%	06/01/2031		138,375
	30,000	Summit Materials LLC / Summit Materials Finance Corp.(g)	5.13%	06/01/2025		30,314
	95,000	SunCoke Energy Partners LP / SunCoke Energy Partners Finance Corp.(g)	7.50%	06/15/2025		98,710
	50,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.(g)	6.00%	03/01/2027		51,600
	15,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.88%	04/15/2026		15,796
	20,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.38%	02/01/2027		20,886

Principal Amount/Description			Rate	Maturity	Value
$	30,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.00%	01/15/2028	$	31,688
	100,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.50%	03/01/2030		110,102
	120,000	TEGNA, Inc.(g)	4.75%	03/15/2026		127,950
	135,000	Tenet Healthcare Corp.(g)	6.25%	02/01/2027		141,075
	15,000	Tenet Healthcare Corp.(g)	5.13%	11/01/2027		15,750
	20,000	Tenet Healthcare Corp.(g)	6.13%	10/01/2028		21,370
	65,000	TMS International Corp.(g)	6.25%	04/15/2029		68,331
	105,000	TransDigm, Inc.(g)	8.00%	12/15/2025		113,745
	70,000	TransDigm, Inc.(g)	6.25%	03/15/2026		73,937
	30,000	TransDigm, Inc.	5.50%	11/15/2027		31,313
	110,000	TransDigm, Inc.(g)	4.63%	01/15/2029		110,362
	10,000	Tronox, Inc.(g)	6.50%	05/01/2025		10,616
	80,000	Uber Technologies, Inc.(g)	7.50%	05/15/2025		86,439
	20,000	Uber Technologies, Inc.(g)	6.25%	01/15/2028		21,564
	100,000	UGI International LLC(g)	3.25%	11/01/2025		121,455
	55,000	Univar Solutions USA, Inc./Washington(g)	5.13%	12/01/2027		57,998
	15,000	Univision Communications, Inc.(g)	9.50%	05/01/2025		16,589
	115,000	Univision Communications, Inc.(g)	6.63%	06/01/2027		124,752
	40,000	US Foods, Inc.(g)	6.25%	04/15/2025		42,450
	45,000	USA Compression Partners LP / USA Compression Finance Corp.	6.88%	04/01/2026		47,247
	30,000	USA Compression Partners LP / USA Compression Finance Corp.	6.88%	09/01/2027		32,108
	85,000	Viasat, Inc.(g)	5.63%	09/15/2025		86,893
	20,000	VICI Properties LP / VICI Note Co., Inc.(g)	4.25%	12/01/2026		20,830
	20,000	VICI Properties LP / VICI Note Co., Inc.(g)	4.63%	12/01/2029		21,290
	35,000	VICI Properties LP / VICI Note Co., Inc.(g)	4.13%	08/15/2030		36,038
	65,000	Vine Engergy Holdings LLC(g)	6.75%	04/15/2029		68,494
	65,000	Vistra Operations Co. LLC(g)	5.00%	07/31/2027		66,812
	115,000	VM Consolidated, Inc.(g)	5.50%	04/15/2029		117,422
	145,000	WASH Multifamily Acquisition, Inc.(g)	5.75%	04/15/2026		151,576
	140,000	Western Midstream Operating LP	5.50%	08/15/2048		152,967
	40,000	Wolverine World Wide, Inc.(g)	6.38%	05/15/2025		42,699
	180,000	Xerox Holdings Corp.(g)	5.00%	08/15/2025		190,237
	55,000	XPO Logistics, Inc.(g)	6.25%	05/01/2025		58,575
						18,899,556
TOTAL HIGH YIELD DEBT
(Cost $26,386,649)						27,425,303

Shares/Description			Value
RIGHTS - 0.00%(b)(j)
	198	DBI Investors, Inc., Strike Price 11.50, Expires 12/31/2049(a)		36
TOTAL RIGHTS
(Cost $11,231)				36
WARRANTS - 0.01%(b)
	4	David's Bridal, Strike Price 219.47, Expires 01/18/2024(a)		–
	11	Toys R Us Propco Warrant, Strike Price 11.50, Expires 12/31/2049(a)		–
	237	Windstream Holdings Inc - Pvt Warrant, Strike Price 0.00, Expires 12/31/2049		3,555
TOTAL WARRANTS
(Cost $106,180)				3,555

Shares/Description			Value
SHORT-TERM INVESTMENTS - 4.56%
	2,092,347	State Street Institutional Trust (7 Day Yield 0.01%)	$	2,092,347
TOTAL SHORT-TERM INVESTMENTS
(Cost $2,092,347)				2,092,347
TOTAL INVESTMENTS - 101.06%
(Cost $45,562,088)				46,432,121
CASH SEGREGATED AT CUSTODIAN FOR FORWARD FOREIGN CURRENCY CONTRACTS - 0.11%				50,000
LIABILITIES IN EXCESS OF OTHER ASSETS - (1.17)%				(536,187	)
NET ASSETS - 100.00%			$	45,945,934

Investment Abbreviations:

EURIBOR - Euro Interbank Offered Rate

LIBOR - London Interbank Offered Rate

LLC - Limited Liability Company

LP - Limited Partnership

PLC - Public Limited Company

Libor Rates:

1M US L - 1 Month LIBOR as of June 30, 2021 was 0.10%

3M US L - 3 Month LIBOR as of June 30, 2021 was 0.15%

6M US L - 6 Month LIBOR as of June 30, 2021 was 0.16%

3M EUR L - 3 Month EURIBOR as of June 30, 2021 was -0.54%

5Y EUR SWAP - 5 Year Euro ICE Swap Rate as of June 30, 2021 was -0.25%

(a)	The Level 3 assets were a result of unavailable quoted prices from an active market or the unavailability of other significant observable inputs.
(b)	Non-income producing security.
(c)	Pay-in-kind securities. Rate paid in-kind is shown in parenthesis.
(d)	Security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.
(e)	Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2021. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
(f)	All or a portion of this position has not settled as of June 30, 2021. The interest rate shown represents the stated spread over the London Interbank Offered Rate ("LIBOR" or "L") or the Euro Interbank Offered Rate ("EURIBOR" or "E") or the applicable LIBOR/EURIBOR floor; the Fund will not accrue interest until the settlement date, at which point LIBOR/EURIBOR will be established.
(g)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. Total fair value of Rule 144A securities amounts to $19,365,807, which represents approximately 42.15% of net assets as of June 30, 2021.
(h)	Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees (The "Board"). As of June 30, 2021, the aggregate fair value of those securities was $3,618,315, representing 7.88% of net assets.
(i)	Security is currently in default.
(j)	Less than 0.005%.

See Notes to Quarterly Schedule of Investments.

OUTSTANDING FORWARD FOREIGN CURRENCY CONTRACTS

Counterparty	Settlement Date	Fund Receiving	U.S. $ Value at June 30, 2021	Fund Delivering	U.S. $ Value at June 30, 2021	Unrealized Appreciation
State Street Corporation	7/8/2021	USD	5,608,906	EUR	5,454,865	$	154,041
State Street Corporation	7/8/2021	USD	1,189,049	EUR	1,156,394		32,655
State Street Corporation	7/8/2021	USD	24,145	EUR	24,025		120
State Street Corporation	7/8/2021	USD	18,431	EUR	18,275		156
State Street Corporation	7/8/2021	USD	735,391	GBP	718,057		17,334
State Street Corporation	7/8/2021	USD	349,523	GBP	341,285		8,238
						$	212,544

RiverNorth Funds	Notes to Quarterly Schedule of Investments
	June 30, 2021 (Unaudited

1. ORGANIZATION

The RiverNorth Funds (the “Trust” or “Funds”) was established under the laws of Ohio by an Agreement and Declaration of Trust dated July 18, 2006 (the “Trust Agreement”). The Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Trust Agreement permits the Board of Trustees (the “Board” or “Trustees”) to authorize and issue an unlimited number of shares of beneficial interest of a separate series without par value. All classes of shares for each of the Funds have identical rights to earnings, assets and voting privileges, except for class-specific expenses and exclusive rights to vote on matters affecting only individual classes. The Funds are considered investment companies and therefore follow the Investment Company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 946 Financial Services Investment Companies.

The RiverNorth Core Opportunity Fund (the “Core Opportunity Fund”) was organized as a diversified series of the Trust on July 18, 2006 and commenced investment operations on December 27, 2006. The Core Opportunity Fund offers two series of shares, Class I Shares and Class R Shares. The investment adviser to the Core Opportunity Fund is RiverNorth Capital Management, LLC (the “Adviser”). The investment objective of the Core Opportunity Fund is to seek long-term capital appreciation and income.

The RiverNorth/DoubleLine Strategic Income Fund (the “Strategic Income Fund”) is a diversified series of the Trust and commenced investment operations on December 30, 2010. The Strategic Income Fund offers two series of shares, Class I Shares and Class R Shares. The investment adviser to the Strategic Income Fund is RiverNorth Capital Management, LLC. The Strategic Income Fund’s sub-adviser is DoubleLine Capital, LP (“DoubleLine”). The investment objective of the Strategic Income Fund is current income and overall total return.

The RiverNorth/Oaktree High Income Fund (the “High Income Fund”) is a diversified series of the Trust and commenced investment operations on December 28, 2012. The High Income Fund offers two series of shares, Class I Shares and Class R Shares. The investment adviser to the High Income Fund is RiverNorth Capital Management, LLC. The High Income Fund’s sub-adviser is Oaktree Capital Management, L.P. (“Oaktree Capital,” and with DoubleLine, each a “Sub-Adviser” or collectively, the “Sub-Advisers”). The investment objective of the High Income Fund is overall total return consisting of long-term capital appreciation and income.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Funds. These policies are in conformity with generally accepted accounting principles in the United States of America (“GAAP”). The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements during the reporting period. Management believes the estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the financial statements may differ from the value the Funds ultimately realize upon sale of the securities. The Schedules of Investments have been prepared as of the close of the New York Stock Exchange (“NYSE”) on June 30, 2021.

Security Valuation:  The Funds’ assets and other financial instruments are generally valued at their fair value using market quotations. If a market value quotation is unavailable a security may be valued at its estimated fair value as described in Note 3.

Security Transactions and Related Income:  The Funds follow industry practice and record security transactions on the trade date basis. The specific identification method is used for determining gains or losses for financial statements and income tax purposes. Dividend income is recorded on the ex-dividend date or for certain foreign securities, when the information becomes available to the Funds and interest income and expenses are recorded on an accrual basis. Discounts and premiums on securities purchased are amortized or accreted using the effective interest method. Withholding taxes on foreign dividends have been provided for in accordance with the Funds’ understanding of the applicable country’s tax rules and rates. The ability of issuers of debt securities held by the Funds to meet their obligations may be affected by economic and political developments in a specific country or region. Settlement on bank loan transactions may be in excess of seven business days. Interest only stripped mortgage backed securities (“IO Strips”) are securities that receive only interest payments from a pool of mortgage loans. Little to no principal will be received by the Funds upon maturity of an IO Strip. Periodic adjustments are recorded to reduce the cost of the security until maturity, which are included in interest income.

Foreign Currency Translation: The books and records of the Funds are maintained in U.S. dollars. Investment valuations and other assets and liabilities initially expressed in foreign currencies are converted each business day into U.S. dollars based upon current exchange rates. Prevailing foreign exchange rates may generally be obtained at the close of the NYSE (normally, 4:00 p.m. Eastern time). The portion of realized and unrealized gains or losses on investments due to fluctuations in foreign currency exchange rates is not separately disclosed and is included in realized and unrealized gains or losses on investments, when applicable.

Foreign Securities: The Funds may directly purchase securities of foreign issuers. Investing in securities of foreign issuers involves special risks not typically associated with investing in securities of U.S. issuers. The risks include possible revaluation of currencies, the ability to repatriate funds, less complete financial information about companies and possible future adverse political and economic developments. Moreover, securities of many foreign issuers and their markets may be less liquid and their prices more volatile than those of securities of comparable U.S. issuers.

Other:  The Funds hold certain investments which pay dividends to their shareholders based upon available funds from operations. It is possible for these dividends to exceed the underlying investments’ taxable earnings and profits resulting in the excess portion of such dividends being designated as a return of capital. Distributions received from investments in securities that represent a return of capital or capital gains are recorded as a reduction of the cost of investments or as a realized gain, respectively.

Principal Investment Risks: All mutual funds carry a certain amount of risk. For more information on the related risks of investing in the Funds please refer to the prospectus of each Fund.

3. SECURITIES VALUATION AND FAIR VALUE Measurements

Fair value is defined as the price that a Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. GAAP establishes a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including using such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

Various inputs are used in determining the value of the Funds’ investments. These inputs are summarized in the three broad levels listed below.

• Level 1 – Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that a Fund has the ability to access at the measurement date;

• Level 2 – Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or  indirectly) for substantially the full term of the asset or liability; and

• Level 3 – Significant unobservable prices or inputs (including the Funds’ own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Equity securities, including common stocks, rights and warrants, closed-end funds, exchange-traded funds, preferred stocks and business development companies are generally valued by using market quotations, but may be valued on the basis of prices furnished by a pricing service when the Adviser or a Sub-Adviser believes such prices more accurately reflect the fair market value of such securities. Securities that are traded on any stock exchange are generally valued by the pricing service at the last quoted sale price. Lacking a last sale price, an exchange traded security is generally valued by the pricing service at its last bid price. Securities traded in the NASDAQ over-the-counter market are generally valued by the pricing service at the NASDAQ Official Closing Price. When using the market quotations or close prices provided by the pricing service and when the market is considered active, the security will be classified as a Level 1 security. Sometimes, an equity security owned by the Funds will be valued by the pricing service with factors other than market quotations or when the market is considered inactive. When this happens, the security will be classified as a Level 2 security. When market quotations are not readily available, when the Adviser or a Sub-Adviser determines that the market quotation or the price provided by the pricing service does not accurately reflect the current fair value, or when restricted or illiquid securities are being valued, such securities are valued as determined in good faith by the Adviser, Sub-Adviser, or valuation committee in conformity with guidelines adopted by and subject to review by the Board. These securities will be categorized as Level 3 securities.

Investments in mutual funds, including short term investments and open-end funds, are generally priced at the ending net asset value (NAV) provided by the service agent of the funds. These securities will be categorized as Level 1 securities.

Domestic and foreign fixed income securities, including foreign and U.S. corporate bonds, convertible corporate bonds, U.S. Government bonds and notes, foreign government bonds and notes, supranationals and foreign agencies, non-agency collateralized mortgage obligations, U.S. Government/Agency mortgage backed securities, business development company notes, bank loans, collateralized loan obligations, municipal bonds, and high yield debt, as well as non-exchange traded derivatives, including forward foreign currency contracts, are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services. Foreign currency positions, including forward foreign currency contracts, are priced at the mean between the closing bid and asked prices at 4:00 p.m. Eastern time. Prices obtained from independent pricing services typically use information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Data used to establish quotes includes analysis of cash flows, pre-payment speeds, default rates, delinquency assumptions and assumptions regarding collateral and loss assumptions. These securities will be classified as Level 2 securities.

Short-term investments in fixed income securities, with maturities of less than 60 days when acquired, or which subsequently are within 60 days of maturity, are valued by using the amortized cost method of valuation, which the Board has determined will represent fair value. These securities will be classified as Level 2 securities.

In accordance with the Funds’ good faith pricing guidelines, the Adviser, Sub-Adviser, or valuation committee is required to consider all appropriate factors relevant to the value of securities for which it has determined other pricing sources are not available or reliable as described above. No single standard exists for determining fair value, because fair value depends upon the circumstances of each individual case. As a general principle, the current fair value of an issue of securities being valued by the Adviser, Sub-Adviser, or valuation committee would appear to be the amount which the owner might reasonably expect to receive for them upon their current sale. Methods which are in accordance with this principle may, for example, be based on (i) a multiple of earnings; (ii) discounted cash flow models; (iii) weighted average cost or weighted average price; (iv) a discount from market of a similar freely traded security (including a derivative security or a basket of securities traded on other markets, exchanges or among dealers); or (v) yield to maturity with respect to debt issues, or a combination of these and other methods. Good faith pricing is permitted if, in the Adviser’s, a Sub-Adviser’s, or the valuation committee’s opinion, the validity of market quotations appears to be questionable based on factors such as evidence of a thin market in the security based on a small number of quotations, a significant event occurs after the close of a market but before a Funds’ NAV calculation that may affect a security’s value, or the Adviser or a Sub-Adviser is aware of any other data that calls into question the reliability of market quotations.

Good faith pricing may also be used in instances when the bonds the Funds invest in default or otherwise cease to have market quotations readily available. Investments in foreign securities, junk bonds or other thinly traded securities are more likely to trigger good faith pricing than other securities.

The following is a summary of the inputs used at June 30, 2021 in valuing the Funds’ assets and liabilities:

Core Opportunity Fund
		Valuation Inputs
Investments in Securities at Value*		Level 1		Level 2		Level 3		Total
Closed-End Funds	$	49,534,624	$	–	$	–	$	49,534,624
Business Development Companies		7,530,095		–		–		7,530,095
Common Stocks		7,910,221		–		–		7,910,221
Exchange Traded Funds		886,203		–		–		886,203
Preferred Stocks		391,786		–		–		391,786
Business Development Company Notes		1,821,005		1,230,861		–		3,051,866
Convertible Corporate Bonds		–		1,967,738		–		1,967,738
U.S. Government Bonds and Notes		–		1,283,249		–		1,283,249
Rights		9,796		–		–		9,796
Warrants		43,363		–		–		43,363
Short-Term Investments		13,479,956		–		–		13,479,956
Total	$	81,607,049	$	4,481,848	$	–	$	86,088,897

Strategic Income Fund

		Valuation Inputs
Investments in Securities at Value*		Level 1		Level 2		Level 3		Total
Closed-End Funds	$	235,259,017	$	–	$	–	$	235,259,017
Business Development Companies		4,851,760		–		–		4,851,760
Common Stocks		59,769,321		–		–		59,769,321
Open-End Funds		32,494,337		–		–		32,494,337
Business Development Company Notes		28,155,988		3,026,708		–		31,182,696
Foreign Corporate Bonds		–		94,844,314		–		94,844,314
U.S. Corporate Bonds		–		139,806,192		–		139,806,192
Convertible Corporate Bonds		–		17,041,075		–		17,041,075
Foreign Government Bonds and Notes, Supranationals and Foreign Agencies		–		16,644,177		–		16,644,177
Bank Loans		–		40,394,579		–		40,394,579
Collateralized Loan Obligations		–		65,257,447		–		65,257,447
Non-Agency Collateralized Mortgage Obligations		–		478,128,694		–		478,128,694
U.S. Government Bonds and Notes		–		222,728,356		–		222,728,356
Municipal Bonds		–		416,410		–		416,410
U.S. Government / Agency Mortgage Backed Securities		–		271,410,081		–		271,410,081
Short-Term Investments		291,630,559		–		–		291,630,559
Total	$	652,160,982	$	1,349,698,033	$	–	$	2,001,859,015

High Income Fund
		Valuation Inputs
Investments in Securities at Value*		Level 1		Level 2		Level 3		Total
Closed-End Funds	$	295,764	$	–	$	–	$	295,764
Common Stocks		–		150		63,783		63,933
Preferred Stocks		–		–		101,662		101,662
Bank Loans		–		16,449,521		–		16,449,521
High Yield Debt		–		27,425,303		–		27,425,303
Rights		–		–		36		36
Warrants		–		3,555		–		3,555
Short-Term Investments		2,092,347		–		–		2,092,347
Total	$	2,388,111	$	43,878,529	$	165,481	$	46,432,121

High Income Fund (continued)
		Valuation Inputs
Other Financial Instruments**		Level 1		Level 2		Level 3		Total
Assets
Forward Foreign Currency Contracts	$	–	$	212,544	$	–	$	212,544
Total	$	–	$	212,544	$	–	$	212,544

*	Refer to each Fund’s Schedule of Investments for a listing of securities by type.
**	Other financial instruments are derivative instruments reflected in the Schedule of Investments.

The changes of the fair value of investments for which the Funds have used Level 3 inputs to determine the fair value are as follows:

Asset Type	Balance as of September 30, 2020		Accrued Discount/ premium		Realized Gain/ (Loss)			Change in Unrealized Appreciation/ Depreciation			Purchases		Sales Proceeds			Transfer into Level 3		Transfer Out of Level 3(a)		Balance as of June 30, 2021		Net change in unrealized appreciation/ (depreciation) included in the Statements of Operations attributable to Level 3 investments held at June 30, 2021
Strategic Income Fund
Equity-Linked Notes	$	11,250	$	-	$	-		$	(11,250	)	$	-	$	-		$	-	$	-	$	-	$	(11,250	)
	$	11,250	$	-	$	-		$	(11,250	)	$	-	$	-		$	-	$	-	$	-	$	(11,250	)
High Income Fund
Common Stocks	$	38,113	$	-	$	(14,367	)	$	40,569		$	-	$	(532	)	$	-	$	-	$	63,783	$	26,025
Preferred Stocks		96,490		-		-			(4,828	)		10,000		-			-		-		101,662		(4,828	)
Bank Loans		68,060		-		(4,311	)		41,936			-		(105,685	)		-		-		-		-
Rights		32		-		-			4			-		-			-		-		36		4
	$	202,695	$	-	$	(18,678	)	$	77,681		$	10,000	$	(106,217	)	$	-	$	-	$	165,481	$	21,201

^(a) Transferred from Level 3 to Level 2 because of available, observable market data.

The Table below provides additional information about the Level 3 Fair Value Measurements as of June 30, 2021:

Quantitative Information about Level 3 Fair Value Measurements

High Income Fund

Asset Class	Fair Value (USD)		Valuation Technique	Unobservable Inputs(a)	Value/Range (Weighted Average)
Common Stocks	$	63,783	Market Comparable Companies	EBITDA Multiple	5.25x
				Revenue Multiple	0.25x-0.30x
				Liquidity Discount	77.85%
Preferred Stocks		101,662	Market Comparable Companies	EBITDA Multiple	11.25x-13.00x
				Company Provided Financial Information	N/A
Rights		36	Market Comparable Companies	Revenue Multiple	0.25x-0.30x
				Liquidity Discount	77.85%
				Company Provided Financial Information	N/A

^(a)A change to the unobservable input may result in a significant change to the value of the investment as follows:

Unobservable Input	Impact to Value if Input Increases	Impact to Value if Input Decreases
EBITDA Multiple	Increase	Decrease
Revenue Multiple	Increase	Decrease
Liquidity Discount	Decrease	Increase

4. Derivative Financial Instruments

The following discloses the Funds’ use of derivative instruments. The Funds’ investment objectives not only permit the Funds to purchase investment securities, they also allow the Funds to enter into various types of derivative contracts such as total return swap contracts and forward foreign currency contracts. In doing so, the Funds will employ strategies in differing combinations to permit them to increase, decrease, or change the level or types of exposure to market factors. Central to those strategies are features inherent to derivatives that make them more attractive for this purpose than equity or debt securities; they require little or no initial cash investment, they can focus exposure on only certain selected risk factors, and they may not require the ultimate receipt or delivery of the underlying security (or securities) to the contract. This may allow the Funds to pursue their objectives more quickly and efficiently than if they were to make direct purchases or sales of securities capable of affecting a similar response to market factors.

Market Risk Factors: In pursuit of their investment objectives, the Funds may seek to use derivatives to increase or decrease their exposure to the following market risk factors:

Foreign Exchange Rate Risk: Foreign exchange rate risk relates to the change in the U.S. dollar value of a security held that is denominated in a foreign currency. The value of a foreign currency denominated security will decrease as the dollar appreciates against the currency, while the value of the foreign currency denominated security will increase as the dollar depreciates against the currency.

Risk of Investing in Derivatives

The Funds’ use of derivatives can result in losses due to unanticipated changes in the market risk factors and the overall market. Derivatives may have little or no initial cash investment relative to their market value exposure and therefore can produce significant gains or losses in excess of their cost. This use of embedded leverage allows the Funds to increase their market value exposure relative to their net assets and can substantially increase the volatility of the Funds’ performance.

Additional associated risks from investing in derivatives also exist and potentially could have significant effects on the valuation of the derivative and the Funds. Typically, the associated risks are not the risks that the Funds are attempting to increase or decrease exposure to, per their investment objectives, but are the additional risks from investing in derivatives.

Examples of these associated risks are liquidity risk, which is the risk that the Funds will not be able to sell the derivative in the open market in a timely manner, and counterparty credit risk, which is the risk that the counterparty will not fulfill its obligation to the Funds.

Forward Foreign Currency Contracts

The Funds may engage in currency transactions with counterparties to hedge the value of portfolio securities denominated in particular currencies against fluctuations in relative value, to gain or reduce exposure to certain currencies, or to generate income or gains. A forward foreign currency contract is an agreement between two parties to buy and sell a currency at a set price on a future date. During the nine months ended June 30, 2021, the High Income Fund engaged in forward foreign currency contracts. The contracts are marked-to-market daily and the change in value is recorded by the High Income Fund as an unrealized gain or loss. When a forward foreign currency contract is extinguished, through either delivery or offset by entering into another forward foreign currency contract, the High Income Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it was extinguished.

Forward foreign currency contracts involve elements of market risk. The High Income Fund bears the risk of an unfavorable change in the foreign exchange rate underlying the forward foreign currency contract. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts.

5. loan participations and assignments

The Strategic Income Fund and High Income Fund may each invest in direct debt instruments which are interests in amounts owed to lenders or lending syndicates by corporate, governmental, or other borrowers. The Strategic Income Fund and High Income Fund will normally invest in corporate debt issuers in North America and Europe. The Strategic Income Fund’s and High Income Fund’s investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. A loan is often administered by a bank or other financial institution (the “lender”) that acts as agent for all holders. The agent administers the terms of the loan, as specified in the loan agreement. The Strategic Income Fund and High Income Fund may each invest in multiple series or tranches of a loan, which may have varying terms and carry different associated risks. The Strategic Income Fund and High Income Fund will generally purchase assignments of these loans, in which case they will typically become lenders for purposes of the relevant loan agreement with direct contractual rights against the borrower, including the right to receive payments of principal and interest. When purchasing participation interests in a loan, the Strategic Income Fund and High Income Fund generally have no right to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Strategic Income Fund and High Income Fund may each be subject to the credit risk of both the borrower and the lender that is selling the loan agreement. The Strategic Income Fund and High Income Fund may each enter into unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments represent a future obligation in full, even though a percentage of the notional loan amounts may not be utilized by the borrower. When investing in a loan participation, the Strategic Income Fund and High Income Fund have the right to receive payments of principal, interest and any fees to which they are entitled only from the lender selling the loan agreement and only upon receipt of payments by the lender from the borrower. The Strategic Income Fund and High Income Fund may each receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a floating rate loan. In certain circumstances, the Strategic Income Fund and High Income Fund may each receive a penalty fee upon the prepayment of a floating rate loan by a borrower. Fees earned are recorded as a component of interest income or interest expense, respectively, on the Statements of Operations. At June 30, 2021, the Strategic Income Fund and High Income Fund had $2,048,444 and $1,239,405 respectively, in unsettled domestic and foreign loan commitments.

6. AFFILIATED COMPANIES

Funds may invest in certain securities that are considered securities issued by affiliated companies. As defined by the Investment Company Act of 1940, an affiliated person, including an affiliated company, is one in which a Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The purchases, sales, dividend income, capital gains, shares and value of investment in affiliated companies for the nine months ended June 30, 2021 were as follows:

Strategic Income Fund
Security Name	Market Value as of September 30, 2020		Purchases		Sales		Realized Gain/Loss		Change in Unrealized Gain (Loss)		Market Value as of June 30, 2021		Share Balance as of June 30, 2021		Dividends
RiverNorth/Oaktree High Income Fund	$	30,155,295	$	824,056	$	-	$	-	$	1,514,986	$	32,494,337		3,406,008	$	824,056
							$	-	$	1,514,986	$	32,494,337		3,406,008	$	824,056