DoubleLine Flexible Income Fund Class N (DLINX) NPORT-P DoubleLine Income Fund (Dec 2024 report)

DoubleLine Total Return Bond Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	ASSET BACKED OBLIGATIONS - 5.6%
		Affirm, Inc.
	26,635,000	Series 2023-B-A		6.82	%(a)	09/15/2028		27,014,607
		Aligned Data Centers Issuer LLC
	12,950,000	Series 2021-1A-A2		1.94	%(a)	08/15/2046		12,315,343
	11,550,000	Series 2021-1A-B		2.48	%(a)	08/15/2046		10,966,680
		American Credit Acceptance Receivables Trust
	2,800,000	Series 2024-4-C		4.91	%(a)	08/12/2031		2,788,237
		Apollo Aviation Securitization Equity Trust
	3,596,243	Series 2018-1A-B		5.44	%(a)	01/16/2038		1,032,899
	8,747,090	Series 2020-1A-A		3.35	%(a)	01/16/2040		8,428,433
	11,881,781	Series 2024-1A-A1		6.26	%(a)	05/16/2049		12,006,695
	34,374,866	Series 2024-1A-B		6.90	%(a)	05/16/2049		34,954,323
	56,921,635	Series 2024-2A-A		5.93	%(a)	09/16/2049		56,732,142
	8,700,401	Series 2024-2A-B		6.61	%(a)	09/16/2049		8,628,379
		Blue Stream Communications LLC
	21,500,000	Series 2024-1A-A2		5.41	%(a)	11/20/2054		21,557,233
		Bojangles Issuer LLC
	18,000,000	Series 2024-1A-A2		6.58	%(a)	11/20/2054		17,803,958
		Bridgecrest Lending Auto Securitization Trust
	19,700,000	Series 2024-4-C		4.83	%	08/15/2030		19,620,075
		CAI International, Inc.
	11,116,138	Series 2020-1A-A		2.22	%(a)	09/25/2045		10,323,683
		Cajun Global LLC
	9,700,000	Series 2021-1-A2		3.93	%(a)	11/20/2051		9,263,919
		Carbon Level Mitigation Trust
	18,081,552	Series 2021-3-CERT		1.79	%(a)(b)	09/08/2051		11,381,650
	27,790,307	Series 2022-3-CERT		0.23	%(a)	11/21/2052		15,049,535
		Carvana Auto Receivables Trust
	10,770,000	Series 2024-P3-B		4.53	%	11/11/2030		10,516,815
		Castlelake Aircraft Securitization Trust
	5,759,220	Series 2017-1R-A		2.74	%(a)	08/15/2041		5,449,720
		Cloud Capital Holdco LP
	27,250,000	Series 2024-2A-A2		5.92	%(a)	11/22/2049		27,115,824
		Coinstar Funding LLC
	11,835,375	Series 2017-1A-A2		5.22	%(a)	04/25/2047		10,659,200
		Cologix Data Centers US Issuer LLC
	950,000	Series 2021-1A-A2		3.30	%(a)	12/26/2051		902,515
		Commonbond Student Loan Trust
	1,395,234	Series 2016-A-A1		3.32	%(a)	05/25/2040		1,342,941
		Compass Datacenters LLC
	10,680,000	Series 2024-1A-A1		5.25	%(a)	02/25/2049		10,634,328
		Container Leasing International LLC
	4,266,771	Series 2020-1A-A		2.08	%(a)	09/18/2045		3,916,135
		Cyrusone Holdco LLC
	18,200,000	Series 2023-1A-A2		4.30	%(a)	04/20/2048		17,523,737
		DataBank Issuer
	39,300,000	Series 2021-1A-A2		2.06	%(a)	02/27/2051		37,841,573
	31,000,000	Series 2021-2A-A2		2.40	%(a)	10/25/2051		29,330,368
	3,350,000	Series 2021-2A-B		2.79	%(a)	10/25/2051		3,054,434
		DB Master Finance Parent LLC
	27,887,500	Series 2021-1A-A23		2.79	%(a)	11/20/2051		23,595,377
		Diamond Issuer
	6,000,000	Series 2021-1A-B		2.70	%(a)	11/20/2051		5,467,583
		DigitalBridge Group, Inc.
	6,300,000	Series 2023-1A-B		5.75	%(a)	09/15/2048		6,171,864
		Diversified Energy Co. PLC
	11,292,350	Series 2024-1A-A1		7.08	%(a)	05/30/2044		11,437,095
		Dividend Solar Loans LLC
	13,758,298	Series 2019-1-A		3.67	%(a)	08/22/2039		12,170,260

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		ECAF Ltd.
	22,573,103	Series 2015-1A-A2		4.95	%(a)	06/15/2040		17,141,134
		Falcon Aerospace Ltd.
	548,664	Series 2017-1-A		4.58	%(a)	02/15/2042		552,440
		Falko Regional Aircraft Ltd.
	27,992,850	Series 2021-1A-A		5.75	%	04/15/2041		27,242,110
		FWEA
	19,732,907	Series 2024-1-A		7.15	%(c)	08/25/2044		19,786,186
		GAIA Aviation Ltd.
	8,866,369	Series 2019-1-A		3.97	%(a)(d)	12/15/2044		8,539,235
		Global Sea Containers Two SRL
	17,544,561	Series 2020-1A-A		2.17	%(a)	10/17/2040		16,535,829
		GoodLeap Home Improvement Solutions Trust
	19,021,184	Series 2024-1A-A		5.35	%(a)	10/20/2046		18,962,690
		GreenSky Home Improvement Issuer Trust
	10,000,000	Series 2024-2-A3		5.15	%(a)	10/27/2059		9,934,221
		Helios Issuer LLC
	11,897,112	Series 2018-1A-A		4.87	%(a)	07/20/2048		10,846,652
	10,560,617	Series 2019-AA-A		3.75	%(a)	06/20/2046		9,461,826
	27,679,239	Series 2020-2A-A		2.73	%(a)	11/01/2055		21,888,942
	11,724,250	Series 2021-C-B		2.33	%(a)	10/20/2048		9,201,290
		HERO Funding Trust
	1,669,048	Series 2016-3A-A2		3.91	%(a)	09/20/2042		1,532,428
	4,435,942	Series 2016-4A-A2		4.29	%(a)	09/20/2047		4,097,816
		Horizon Aircraft Finance Ltd.
	10,084,732	Series 2019-1-A		3.72	%(a)	07/15/2039		9,619,755
	25,131,875	Series 2024-1-A		5.38	%(a)	09/15/2049		24,464,875
		ITE Rail Fund Levered LP
	11,469,723	Series 2024-1A-A		4.99	%(a)	09/28/2054		11,082,021
		Jack in the Box, Inc.
	36,575,000	Series 2019-1A-A23		4.97	%(a)	08/25/2049		34,719,503
		Jersey Mike’s Funding
	4,565,500	Series 2019-1A-A2		4.43	%(a)	02/15/2050		4,512,423
	14,000,000	Series 2024-1A-A2		5.64	%(a)	02/15/2055		13,892,256
		Jimmy Johns LLC
	20,210,000	Series 2017-1A-A2II		4.85	%(a)	07/30/2047		19,822,813
		JOL Air Ltd.
	7,193,975	Series 2019-1-A		3.97	%(a)	04/15/2044		7,112,525
		Labrador Aviation Finance Ltd.
	44,909,897	Series 2016-1A-A1		4.30	%(a)	01/15/2042		43,618,648
		Loanpal Solar Loan Ltd.
	1,328,037	Series 2021-1GS-B		2.84	%(a)	01/20/2048		1,047,845
		Luminace Issuer LLC
	14,000,832	Series 2024-1-A		5.87	%(a)	10/30/2031		13,728,404
		Lunar Aircraft Ltd.
	8,494,613	Series 2020-1A-A		3.38	%(a)	02/15/2045		8,206,170
		Lunar Structured Aircraft Portfolio Notes
	981,560	Series 2021-1-B		3.43	%(a)	10/15/2046		895,281
		Mariner Finance Issuance Trust
	35,000,000	Series 2024-BA-A		4.91	%(a)	11/20/2038		34,500,399
		Marlette Funding Trust
	7,700,000	Series 2024-1A-B		6.07	%(a)	07/17/2034		7,789,502
		Mosaic Solar Loans LLC
	10,206,505	Series 2017-2A-A		3.82	%(a)	06/22/2043		9,552,339
	6,321,602	Series 2018-1A-A		4.01	%(a)	06/22/2043		5,897,451
	8,175,165	Series 2018-2GS-A		4.20	%(a)	02/22/2044		7,634,063
	1,320,026	Series 2019-1A-A		4.37	%(a)	12/21/2043		1,246,015
		Navient Student Loan Trust
	15,336,818	Series 2017-A-B		3.91	%(a)	12/16/2058		15,137,368
	11,000,000	Series 2018-BA-B		4.13	%(a)	12/15/2059		10,514,823
		Navigator Aircraft ABS Ltd.
	10,224,202	Series 2021-1-B		3.57	%(a)(d)	11/15/2046		9,434,546
		NBC Funding LLC
	16,608,375	Series 2024-1A-A2		6.75	%(a)	07/30/2054		16,889,892

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Neighborly Issuer
	14,233,750	Series 2021-1A-A2		3.58	%(a)	04/30/2051		13,137,257
		NP Railcar Holdings LLC
	2,556,432	Series 2021-1A-A1		2.23	%(a)	03/19/2051		2,421,025
		Pagaya AI Debt Selection Trust
	611,230	Series 2023-6-A		7.13	%(a)	06/16/2031		611,615
		Pioneer Aircraft Finance Ltd.
	26,068,801	Series 2019-1-A		3.97	%(a)	06/15/2044		25,090,074
		Primrose Holdings, Inc.
	12,464,375	Series 2019-1A-A2		4.48	%(a)	07/30/2049		12,253,308
		Project Silver
	24,267,891	Series 2019-1-A		3.97	%(a)	07/15/2044		22,824,655
		Purewest Funding LLC
	14,177,417	Series 2021-1-A1		4.09	%(a)	12/22/2036		13,935,655
		Raptor Aircraft Finance
	12,627,457	Series 2019-1-A		4.21	%(a)	08/23/2044		11,233,449
		Renew
	6,091,723	Series 2017-2A-A		3.22	%(a)	09/22/2053		5,409,315
		Research-Driven Pagaya Motor Asset Trust
	15,635,629	Series 2021-2A-A		2.65	%(a)	03/25/2030		15,264,899
		Sapphire Aviation Finance Ltd.
	29,325,683	Series 2020-1A-A		3.23	%(a)	03/15/2040		27,701,949
	7,372,895	Series 2020-1A-B		4.34	%(a)	03/15/2040		6,267,949
		SEB Funding LLC
	17,705,625	Series 2021-1A-A2		4.97	%(a)	01/30/2052		17,281,931
		ServiceMaster Funding LLC
	3,922,477	Series 2020-1-A2II		3.34	%(a)	01/30/2051		3,335,825
		SFS Auto Receivables Securitization Trust
	11,300,000	Series 2024-3A-A4		4.60	%(a)	11/20/2031		11,262,221
		Shenton Aircraft Investment Ltd.
	16,116,660	Series 2015-1A-A		4.75	%(a)	10/15/2042		15,157,542
		Sierra Timeshare Conduit Receivables Funding LLC
	1,069,907	Series 2021-2A-C		1.95	%(a)	09/20/2038		1,029,215
	1,283,888	Series 2021-2A-D		3.23	%(a)	09/20/2038		1,230,357
		SLM Student Loan Trust
	3,755,423	Series 2006-A-A5 (3 mo. Term SOFR + 0.55%, 0.00% Floor)		4.91	%	06/15/2039		3,606,830
	2,872,265	Series 2006-B-A5 (3 mo. Term SOFR + 0.53%, 0.00% Floor)		4.89	%	12/15/2039		2,798,566
		SOFI Alternative Trust
	2,583,088	Series 2021-1-PT2		9.72	%(a)(b)	05/25/2030		2,563,681
	10,066,865	Series 2021-2-A		1.25	%(a)	08/15/2030		9,916,114
	500,000	Series 2021-2-R1		0.00	%(a)(c)(e)	08/15/2030		2,089,678
	12,455,216	Series 2021-3-A		1.50	%(a)	11/15/2030		12,271,215
	950,000	Series 2021-3-R1		0.00	%(a)(c)(e)	11/15/2030		4,192,816
		SoFi Professional Loan Program LLC
	10,769,645	Series 2017-E-B		3.49	%(a)	11/26/2040		10,573,855
	13,000,000	Series 2017-E-C		4.16	%(a)	11/26/2040		12,256,087
	12,800,000	Series 2018-A-B		3.61	%(a)	02/25/2042		11,942,737
	18,000,000	Series 2018-B-BFX		3.83	%(a)	08/25/2047		16,860,305
		Sprite/KY
	15,361,265	Series 2021-1-A		3.75	%(a)	11/15/2046		14,737,828
		Stack Infrastructure Issuer LLC
	5,750,000	Series 2020-1A-A2		1.89	%(a)	08/25/2045		5,633,443
		Start/Bermuda
	11,320,469	Series 2018-1-A		4.09	%(a)	05/15/2043		11,227,483
		Stonepeak ABS
	2,239,156	Series 2021-1A-A		2.68	%(a)	02/28/2033		2,132,223
	4,368,227	Series 2021-1A-B		3.82	%(a)	02/28/2033		4,118,980
		Subway Funding LLC
	19,850,000	Series 2024-1A-A23		6.51	%(a)	07/30/2054		20,428,044
	6,260,000	Series 2024-3A-A23		5.91	%(a)	07/30/2054		6,136,139
		Sunbird Engine Finance
	30,501,113	Series 2020-1A-A		3.67	%(a)	02/15/2045		29,211,312
		Switch ABS Issuer LLC
	27,500,000	Series 2024-2A-A2		5.44	%(a)	06/25/2054		27,451,787
	8,500,000	Series 2024-2A-B		6.20	%(a)	06/25/2054		8,519,037

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Taco Bell Corp.
	7,417,875	Series 2021-1A-A23		2.54	%(a)	08/25/2051		6,154,555
	5,207,250	Series 2021-1A-A2I		1.95	%(a)	08/25/2051		4,868,595
		TAL Advantage LLC
	11,075,000	Series 2020-1A-A		2.05	%(a)	09/20/2045		10,301,899
	2,353,438	Series 2020-1A-B		3.29	%(a)	09/20/2045		2,206,756
		Tesla Sustainable Energy Trust
	10,010,000	Series 2024-1A-A3		5.29	%(a)	06/20/2050		9,916,782
		Textainer Ltd.
	6,814,636	Series 2020-1A-A		2.73	%(a)	08/21/2045		6,492,550
	2,060,411	Series 2020-2A-B		3.34	%(a)	09/20/2045		1,930,044
		Upgrade Master Credit Pass-Thru Trust
	88,949	Series 2021-PT1-A		11.54	%(a)(b)	08/15/2027		32,276
		Upgrade Master Pass-Thru Trust
	911,373	Series 2021-PT1-A		15.78	%(a)(b)	04/15/2027		824,673
	982,170	Series 2021-PT3-A		16.43	%(a)(b)	07/15/2027		910,505
	596,398	Series 2021-PT4-A		11.79	%(a)(b)	08/15/2027		549,623
	1,537,103	Series 2021-PT5-A		22.52	%(a)(b)	10/15/2027		1,333,064
		Upstart Pass-Through Trust Series
	667,420	Series 2020-ST5-A		3.00	%(a)	12/20/2026		663,198
	849,176	Series 2021-ST1-A		2.75	%(a)	02/20/2027		840,621
		Upstart Securitization Trust
	4,099,302	Series 2021-3-C		3.28	%(a)	07/20/2031		4,036,572
	13,588,958	Series 2024-1-A		5.33	%(a)	11/20/2034		13,608,478
		Vantage Data Centers Holding LLC
	32,425,000	Series 2020-2A-A2		1.99	%(a)	09/15/2045		29,616,609
		Vault DI Issuer LLC
	54,400,000	Series 2021-1A-A2		2.80	%(a)	07/15/2046		51,402,718
		Vivant Solar Financing V Parent LLC
	15,844,605	Series 2018-1A-A		4.73	%(a)	04/30/2048		14,852,554
		VR Funding LLC
	13,348,635	Series 2020-1A-A		2.79	%(a)	11/15/2050		12,245,708
		Waterfall Commercial Mortgage Trust
	4,700,176	Series 2015-SBC5-A		4.10	%(a)(b)	01/14/2026		4,608,961
		Wendy’s SPV Guarantor LLC
	18,688,781	Series 2019-1A-A2II		4.08	%(a)	06/15/2049		17,678,437
		Westlake Automobile Receivables Trust
	15,000,000	Series 2024-3A-C		4.92	%(a)	11/15/2029		14,968,567
		Willis Lease Finance Corp.
	39,923,845	Series 2020-A-A		3.23	%(a)	03/15/2045		37,613,253
		Wingstop, Inc.
	10,342,500	Series 2020-1A-A2		2.84	%(a)	12/05/2050		9,684,627
		Zephyrus Capital Aviation Partners
	1,936,733	Series 2018-1-A		4.61	%(a)	10/15/2038		1,875,828
		Total Asset Backed Obligations (Cost $1,751,714,142)						1,667,373,130
	COLLATERALIZED LOAN OBLIGATIONS - 5.0%
		37 Capital CLO
	8,500,000	Series 2023-2A-B (3 mo. Term SOFR + 2.75%, 2.75% Floor)		7.41	%(a)	01/15/2034		8,500,425
		Allegro CLO Ltd.
	30,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		6.78	%(a)	07/24/2037		30,250,782
		Apidos CLO
	25,000,000	Series 2024-48A-A1 (3 mo. Term SOFR + 1.44%, 1.44% Floor)		6.76	%(a)	07/25/2037		25,083,863
		ARES CLO
	7,000,000	Series 2017-44A-A3R1 (3 mo. Term SOFR + 1.91%, 1.65% Floor)		6.57	%(a)	04/15/2034		7,031,963
		Bain Capital Credit CLO
	20,000,000	Series 2022-6A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor)		5.89	%(a)	01/22/2038		20,172,410
	15,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%(a)	01/21/2038		15,000,000
		Battalion CLO Ltd.
	3,000,000	Series 2017-11A-BR (3 mo. Term SOFR + 1.98%, 1.72% Floor)		6.62	%(a)	04/24/2034		3,013,501
	1,000,000	Series 2021-19A-B (3 mo. Term SOFR + 1.86%, 1.60% Floor)		6.52	%(a)	04/15/2034		1,002,098

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Birch Grove CLO
	13,500,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.41%, 1.41% Floor)		6.03	%(a)	10/20/2037		13,556,600
		BlueMountain CLO Ltd.
	5,000,000	Series 2018-2A-B (3 mo. Term SOFR + 1.96%, 1.70% Floor)		6.49	%(a)	08/15/2031		5,015,324
		Bridge Street CLO Ltd.
	166,500,000	Series 2020-1A-A1R (3 mo. Term SOFR + 1.55%, 1.55% Floor)		6.17	%(a)	07/20/2037		168,049,466
	39,500,000	Series 2024-1A-A (3 mo. Term SOFR + 1.60%, 1.60% Floor)		6.22	%(a)	04/20/2037		39,835,094
		Canyon Capital CLO Ltd.
	20,000,000	Series 2019-2A-BR (3 mo. Term SOFR + 1.96%, 1.70% Floor)		6.62	%(a)	10/15/2034		20,110,062
	2,500,000	Series 2021-2A-B1 (3 mo. Term SOFR + 2.01%, 2.01% Floor)		6.67	%(a)	04/15/2034		2,513,201
		Capital Four US CLO Ltd.
	16,500,000	Series 2021-1A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		6.10	%(a)	01/18/2035		16,509,174
	18,000,000	Series 2022-1A-BR (3 mo. Term SOFR + 2.65%, 2.65% Floor)		7.27	%(a)	01/20/2037		18,292,604
		Carlyle Global Market Strategies
	28,080,000	Series 2017-2A-AR2 (3 mo. Term SOFR + 1.49%, 1.49% Floor)		6.11	%(a)	07/20/2037		28,205,602
	25,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor)		5.92	%(a)	01/20/2038		25,141,525
		CarVal CLO
	5,000,000	Series 2024-1A-B (3 mo. Term SOFR + 2.10%, 2.10% Floor)		6.72	%(a)	04/20/2037		5,077,446
	25,000,000	Series 2024-2A-A (3 mo. Term SOFR + 1.46%, 1.46% Floor)		6.75	%(a)	07/20/2037		25,102,218
		CBAM Ltd.
	18,000,000	Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.77	%(a)	01/20/2038		18,000,000
	11,000,000	Series 2017-2A-BR (3 mo. Term SOFR + 2.11%, 1.85% Floor)		6.76	%(a)	07/17/2034		11,057,232
		Cedar Funding Ltd.
	39,100,000	Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor)		6.04	%(a)	07/20/2037		39,225,624
	2,000,000	Series 2022-15A-B (3 mo. Term SOFR + 1.80%, 1.80% Floor)		6.42	%(a)	04/20/2035		2,008,349
		CIFC Funding Ltd.
	11,500,000	Series 2022-3A-B (3 mo. Term SOFR + 2.00%, 2.00% Floor)		6.62	%(a)	04/21/2035		11,596,383
		Crown City CLO
	2,750,000	Series 2021-1A-A2 (3 mo. Term SOFR + 1.98%, 1.72% Floor)		6.60	%(a)	07/20/2034		2,755,606
	17,500,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.60%, 1.60% Floor)		6.22	%(a)	04/20/2037		17,578,753
	90,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)		6.82	%(a)	07/15/2037		90,409,536
		Dryden Senior Loan Fund
	3,500,000	Series 2017-53A-B (3 mo. Term SOFR + 1.66%, 0.00% Floor)		6.32	%(a)	01/15/2031		3,504,465
		Empower CLO Ltd.
	40,500,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.39%, 1.39% Floor)		6.01	%(a)	10/20/2037		40,710,555
	9,000,000	Series 2023-3A-B (3 mo. Term SOFR + 2.55%, 2.55% Floor)		7.17	%(a)	01/20/2037		9,074,725
	19,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.52%, 1.52% Floor)		6.85	%(a)	07/15/2037		19,171,232
		Franklin Park Place CLO LLC
	18,000,000	Series 2022-1A-A (3 mo. Term SOFR + 1.40%, 1.40% Floor)		6.06	%(a)	04/14/2035		18,028,553
		Generate CLO Ltd.
	5,800,000	Series 3A-B2R (3 mo. Term SOFR + 2.60%, 2.60% Floor)		7.22	%(a)	10/20/2036		5,876,539
		Halcyon Loan Advisors Funding Ltd.
	2,158,798	Series 2014-2A-D (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.88	%(a)	04/28/2025		437,157
		Halsey Point CLO Ltd.
	10,000,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.52%, 1.52% Floor)		6.82	%(a)	07/20/2037		10,088,650
		Harbourview CLO VII LLC
	8,575,526	Series 7RA-A1 (3 mo. Term SOFR + 1.39%, 1.13% Floor)		6.02	%(a)	07/18/2031		8,594,145
		Harvest US CLO
	20,000,000	Series 2023-1A-B (3 mo. Term SOFR + 2.60%, 2.60% Floor)		7.26	%(a)	01/15/2037		20,275,128
		Jackson Financial, Inc.
	9,500,000	Series 2022-6RA-BR (3 mo. Term SOFR + 2.75%, 2.75% Floor)		7.37	%(a)	01/20/2037		9,655,701
		Jamestown CLO Ltd.
	6,000,000	Series 2018-11A-A2 (3 mo. Term SOFR + 1.96%, 0.00% Floor)		6.62	%(a)	07/14/2031		6,008,660
		Katayma CLO Ltd.
	25,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		6.27	%(a)	04/20/2037		25,113,205

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		LCM LP
	8,136,565	Series 17A-A2RR (3 mo. Term SOFR + 1.41%, 1.15% Floor)		6.07	%(a)	10/15/2031		8,204,459
		Magnetite CLO Ltd.
	23,500,000	Series 2024-40A-A1 (3 mo. Term SOFR + 1.45%, 1.45% Floor)		6.78	%(a)	07/15/2037		23,589,340
		Marble Point CLO
	5,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor)		6.06	%(a)	07/20/2037		5,017,506
	58,000,000	Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)		6.09	%(a)	07/25/2034		58,118,134
	50,000,000	Series 2021-4A-A1 (3 mo. Term SOFR + 1.47%, 1.21% Floor)		6.10	%(a)	01/22/2035		50,010,665
	20,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.93%, 1.93% Floor)		6.55	%(a)	10/20/2036		20,120,520
	11,400,000	Series 2022-2A-BR (3 mo. Term SOFR + 2.85%, 2.85% Floor)		7.47	%(a)	10/20/2036		11,575,771
		Menlo CLO Ltd.
	10,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.75	%(a)	01/20/2038		10,053,810
		MidOcean Credit CLO
	20,944,670	Series 2018-9A-A1 (3 mo. Term SOFR + 1.41%, 1.15% Floor)		6.03	%(a)	07/20/2031		20,958,856
		MP CLO Ltd.
	7,890,464	Series 2013-1A-AR (3 mo. Term SOFR + 1.51%, 0.00% Floor)		6.13	%(a)	10/20/2030		7,898,523
		Nassau Global Credit LLC
	13,196,809	Series 2018-IA-A (3 mo. Term SOFR + 1.41%, 0.00% Floor)		6.07	%(a)	07/15/2031		13,211,122
		OCP CLO Ltd.
	23,500,000	Series 2017-13A-AR2 (3 mo. Term SOFR + 1.34%, 1.34% Floor)		5.90	%(a)	11/26/2037		23,617,061
	5,000,000	Series 2020-18A-A1R2 (3 mo. Term SOFR + 1.37%, 1.37% Floor)		6.60	%(a)	07/20/2037		5,032,385
		Octagon Investment Partners Ltd.
	1,500,000	Series 2019-1A-BR (3 mo. Term SOFR + 1.85%, 1.85% Floor)		6.51	%(a)	04/15/2035		1,503,533
		Park Blue CLO Ltd.
	7,400,000	Series 2023-4A-B (3 mo. Term SOFR + 2.70%, 2.70% Floor)		7.33	%(a)	01/25/2037		7,510,737
		Rockford Tower CLO Ltd.
	2,525,000	Series 2018-2A-B (3 mo. Term SOFR + 2.06%, 1.80% Floor)		6.68	%(a)	10/20/2031		2,527,518
	15,000,000	Series 2022-3A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor)		6.06	%(a)	07/20/2037		15,119,394
	10,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.61%, 1.61% Floor)		6.23	%(a)	04/20/2037		10,095,548
		Sound Point CLO Ltd.
	17,775,305	Series 2013-3RA-A (3 mo. Term SOFR + 1.41%, 1.15% Floor)		6.04	%(a)	04/18/2031		17,812,537
	18,000,000	Series 2018-2A-C (3 mo. Term SOFR + 2.21%, 0.00% Floor)		6.83	%(a)	07/26/2031		18,029,392
	25,407,296	Series 2018-3A-A1AR (3 mo. Term SOFR + 1.30%, 1.30% Floor)		5.92	%(a)	10/26/2031		25,438,161
	25,250,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.44%, 1.18% Floor)		6.07	%(a)	10/25/2034		25,300,126
	15,150,000	Series 2021-1A-A (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.96	%(a)	04/25/2034		15,179,206
	10,000,000	Series 2024-38A-A1 (3 mo. Term SOFR + 1.60%, 1.60% Floor)		6.12	%(a)	02/20/2037		10,061,594
	20,000,000	Series 2024-39A-A1 (3 mo. Term SOFR + 1.54%, 1.54% Floor)		6.85	%(a)	07/20/2037		20,090,914
	11,750,000	Series 2024-40A-A1 (3 mo. Term SOFR + 1.39%, 1.39% Floor)		5.98	%(a)	10/20/2037		11,776,803
		Steele Creek CLO Ltd.
	19,848,120	Series 2016-1A-AR (3 mo. Term SOFR + 1.38%, 1.12% Floor)		5.74	%(a)	06/15/2031		19,853,812
	10,000,000	Series 2019-1A-BR (3 mo. Term SOFR + 2.06%, 1.80% Floor)		6.72	%(a)	04/15/2032		10,032,948
		Trimaran CAVU LLC
	20,000,000	Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		6.10	%(a)	01/18/2035		20,040,834
		Unity-Peace Park CLO Ltd.
	15,000,000	Series 2022-1A-B (3 mo. Term SOFR + 2.00%, 2.00% Floor)		6.62	%(a)	04/20/2035		15,108,378
		Vibrant Clo X Ltd.
	60,500,000	Series 2018-10RA-A1 (3 mo. Term SOFR + 1.70%, 1.70% Floor)		6.32	%(a)	04/20/2036		61,073,631
		Warwick Capital CLO Ltd.
	18,500,000	Series 2024-3A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		6.27	%(a)	04/20/2037		18,675,254
	20,000,000	Series 2024-4A-A1 (3 mo. Term SOFR + 1.40%, 1.40% Floor)		6.59	%(a)	07/20/2037		20,154,422
		Wellfleet CLO Ltd.
	36,000,000	Series 2022-1A-A1RN (3 mo. Term SOFR + 1.42%, 1.42% Floor)		6.08	%(a)	07/15/2037		36,043,250
		Wind River CLO Ltd.
	4,000,000	Series 2013-2A-CR (3 mo. Term SOFR + 2.26%, 0.00% Floor)		6.89	%(a)	10/18/2030		4,006,176
	5,548,745	Series 2014-2A-AR (3 mo. Term SOFR + 1.40%, 1.14% Floor)		6.06	%(a)	01/15/2031		5,558,242
		Total Collateralized Loan Obligations (Cost $1,487,420,988)						1,495,034,118

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 7.8%
		20 Times Square Trust
	7,949,000	Series 2018-20TS-F		3.10	%(a)(b)	05/15/2035		6,353,827
	5,856,000	Series 2018-20TS-G		3.10	%(a)(b)	05/15/2035		4,569,578
		280 Park Avenue Mortgage Trust
	23,770,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)		5.66	%(a)	09/15/2034		23,607,292
		Arbor Multifamily Mortgage Securities Trust
	21,947,000	Series 2021-MF3-XB		0.49	%(a)(b)(f)	10/15/2054		650,955
		Arbor Realty Trust, Inc.
	125,450,902	Series 2020-MF1-XA		0.94	%(a)(b)(f)	05/15/2053		4,886,112
	6,300,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.61%, 1.50% Floor)		6.01	%(a)	12/15/2035		6,273,080
	2,904,292	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.86	%(a)	11/15/2036		2,914,875
	13,075,183	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)		6.05	%(a)	01/15/2037		13,092,050
		AREIT Ltd.
	11,250,000	Series 2024-CRE9-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.08	%(a)	05/17/2041		11,295,810
		Ares Commercial Real Estate Corp.
	2,010,000	Series 2021-FL4-B (1 mo. Term SOFR + 1.51%, 1.40% Floor)		5.89	%(a)	12/18/2037		1,960,246
		Banc of America Merrill Lynch Commercial Mortgage, Inc.
	41,267,640	Series 2015-UBS7-XA		0.73	%(b)(f)	09/15/2048		89,576
	2,121,000	Series 2016-UB10-C		4.82	%(b)	07/15/2049		2,041,867
		Banc of America Re-Remic Trust
	1,020,000	Series 2015-200P-C		3.60	%(a)(b)	04/14/2033		1,009,552
	25,435,000	Series 2020-BOC-D		3.18	%(a)(b)	01/15/2032		15,495,806
	7,505,000	Series 2020-BOC-E		3.18	%(a)(b)	01/15/2032		3,416,509
		BANK
	3,554,000	Series 2017-BNK4-C		4.37	%(b)	05/15/2050		3,032,830
	31,387,556	Series 2017-BNK4-XA		1.33	%(b)(f)	05/15/2050		762,391
	4,916,000	Series 2017-BNK5-B		3.90	%(b)	06/15/2060		4,683,686
	65,643,181	Series 2017-BNK5-XA		0.94	%(b)(f)	06/15/2060		1,229,884
	140,865,563	Series 2018-BN10-XA		0.69	%(b)(f)	02/15/2061		2,527,424
	31,334,000	Series 2018-BN10-XD		1.72	%(a)(b)(f)	02/15/2061		1,494,212
	2,290,000	Series 2019-BN16-B		4.44	%(b)	02/15/2052		2,129,529
	86,196,510	Series 2019-BN16-XA		0.93	%(b)(f)	02/15/2052		2,687,435
	13,119,665	Series 2019-BN16-XD		1.82	%(a)(b)(f)	02/15/2052		842,318
	11,541,000	Series 2019-BN17-XD		1.59	%(a)(b)(f)	04/15/2052		660,241
	43,097,000	Series 2019-BN19-AS		3.45	%	08/15/2061		38,314,233
	17,013,666	Series 2019-BN19-XD		1.03	%(a)(b)(f)	08/15/2061		690,564
	1,099,000	Series 2019-BN20-AS		3.24	%(b)	09/15/2062		955,983
	5,000,000	Series 2019-BN21-C		3.52	%(b)	10/17/2052		4,128,771
	18,082,333	Series 2019-BN22-XD		0.96	%(a)(b)(f)	11/15/2062		739,043
	26,932,000	Series 2019-BN24-XD		1.02	%(a)(b)(f)	11/15/2062		1,187,233
	4,270,000	Series 2020-BN27-A5		2.14	%	04/15/2063		3,613,887
	62,007,000	Series 2020-BN30-XB		0.72	%(b)(f)	12/15/2053		2,192,710
	44,619,398	Series 2021-BN32-XA		0.77	%(b)(f)	04/15/2054		1,537,138
	112,743,000	Series 2021-BN35-XB		0.59	%(b)(f)	06/15/2064		3,862,113
	10,388,000	Series 2021-BN38-XD		0.72	%(a)(b)(f)	12/15/2064		433,936
	7,663,000	Series 2022-BNK40-XD		0.89	%(a)(b)(f)	03/15/2064		400,923
		BANK5 Trust
	2,467,000	Series 2024-5YR10-AS		5.64	%	10/15/2057		2,494,209
	8,169,000	Series 2024-5YR10-B		6.14	%(b)	10/15/2057		8,245,666
	1,667,000	Series 2024-5YR10-C		5.74	%(b)	10/15/2057		1,641,543
	122,674,491	Series 2024-5YR6-XA		0.74	%(a)(b)(f)	05/15/2057		3,481,208
	85,183,496	Series 2024-5YR8-XA		0.90	%(b)(f)	08/15/2057		3,050,029
		BBCMS Trust
	45,454,000	Series 2018-CBM-A (1 mo. Term SOFR + 1.30%, 1.25% Floor)		5.70	%(a)	07/15/2037		45,055,291
	13,455,000	Series 2018-CBM-E (1 mo. Term SOFR + 3.85%, 3.55% Floor)		8.25	%(a)	07/15/2037		11,332,423
	5,775,000	Series 2018-TALL-F (1 mo. Term SOFR + 3.43%, 3.39% Floor)		7.83	%(a)	03/15/2037		4,129,395

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	11,799,000	Series 2020-C6-F5TB		3.69	%(a)(b)	02/15/2053		8,880,607
	12,497,250	Series 2020-C6-F5TC		3.69	%(a)(b)	02/15/2053		8,836,061
	92,240,340	Series 2020-C6-XA		1.04	%(b)(f)	02/15/2053		3,660,410
	7,424,000	Series 2020-C6-XD		1.20	%(a)(b)(f)	02/15/2053		397,906
	1,437,000	Series 2020-C7-AS		2.44	%	04/15/2053		1,233,069
	1,619,000	Series 2021-C11-ASB		2.11	%	09/15/2054		1,465,720
	34,040,000	Series 2021-C11-XB		0.96	%(b)(f)	09/15/2054		1,891,545
	133,844,657	Series 2021-C9-XA		1.59	%(b)(f)	02/15/2054		9,744,400
	68,467,000	Series 2021-C9-XB		0.99	%(b)(f)	02/15/2054		3,519,820
	12,893,000	Series 2024-5C29-A3		5.21	%	09/15/2057		12,946,864
	130,000,000	Series 2024-5C31-XA		1.06	%(b)(f)	12/15/2057		5,954,325
		BDS Ltd.
	6,000,000	Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor)		5.94	%(a)	09/19/2039		6,035,844
		Benchmark Mortgage Trust
	34,728,841	Series 2018-B7-XA		0.41	%(b)(f)	05/15/2053		419,333
	27,407,693	Series 2018-B8-XA		0.62	%(b)(f)	01/15/2052		529,210
	12,985,000	Series 2019-B10-XD		1.88	%(a)(b)(f)	03/15/2062		907,890
	13,924,000	Series 2019-B11-XD		1.46	%(a)(b)(f)	05/15/2052		748,934
	13,870,000	Series 2019-B12-XD		1.15	%(a)(b)(f)	08/15/2052		588,304
	14,907,500	Series 2019-B14-XD		1.26	%(a)(b)(f)	12/15/2062		816,974
	24,552,000	Series 2019-B15-XD		0.97	%(a)(b)(f)	12/15/2072		999,117
	75,235,350	Series 2019-B9-XA		1.01	%(b)(f)	03/15/2052		2,552,600
	73,617,181	Series 2020-B16-XA		0.92	%(b)(f)	02/15/2053		2,618,195
	70,119,046	Series 2020-B17-XA		1.41	%(b)(f)	03/15/2053		3,074,692
	12,580,000	Series 2020-B17-XD		1.41	%(a)(b)(f)	03/15/2053		737,370
	13,462,000	Series 2020-B18-AGND		3.74	%(a)	07/15/2053		13,176,311
	2,432,000	Series 2020-B18-AGNE		3.76	%(a)	07/15/2053		2,341,556
	87,830,447	Series 2020-B18-XA		1.78	%(b)(f)	07/15/2053		4,611,002
	233,548,448	Series 2020-B19-XA		1.76	%(b)(f)	09/15/2053		12,280,865
	70,425,753	Series 2020-B22-XA		1.51	%(b)(f)	01/15/2054		4,980,199
	275,367,278	Series 2020-IG1-XA		0.51	%(b)(f)	09/15/2043		5,447,866
	231,495,799	Series 2021-B24-XA		1.14	%(b)(f)	03/15/2054		10,704,134
	120,037,975	Series 2021-B28-XA		1.26	%(b)(f)	08/15/2054		6,916,996
	59,609,000	Series 2021-B28-XB		0.95	%(b)(f)	08/15/2054		3,246,956
	66,420,000	Series 2021-B29-XB		0.70	%(b)(f)	09/15/2054		2,671,253
	362,465,508	Series 2021-B30-XA		0.80	%(b)(f)	11/15/2054		15,622,626
	15,995,000	Series 2021-B31-XD		1.14	%(a)(b)(f)	12/15/2054		1,080,461
	13,067,000	Series 2022-B32-XD		1.52	%(a)(b)(f)	01/15/2055		1,051,799
	10,959,500	Series 2022-B33-XD		1.61	%(a)(b)(f)	03/15/2055		999,356
	7,270,000	Series 2022-B34-XD		1.83	%(a)(b)(f)	04/15/2055		780,352
	37,520,000	Series 2024-V10-A3		5.28	%	09/15/2057		37,679,055
	168,345,000	Series 2024-V11-XA		0.56	%(b)(f)	11/15/2057		4,205,679
	76,882,000	Series 2024-V12-XA		0.85	%(b)(f)	12/15/2057		2,859,857
	6,966,000	Series 2024-V8-A2		5.71	%	07/15/2057		7,134,873
	136,449,784	Series 2024-V8-XA		0.79	%(a)(b)(f)	07/15/2057		4,231,553
	21,999,000	Series 2024-V9-A3		5.60	%	08/15/2057		22,381,413
		BHMS Mortgage Trust
	14,537,000	Series 2018-ATLS-A (1 mo. Term SOFR + 1.55%, 1.50% Floor)		5.94	%(a)	07/15/2035		14,522,286
		BMO Mortgage Trust
	20,804,000	Series 2024-5C6-A3		5.32	%	09/15/2057		20,884,824
	17,982,000	Series 2024-5C7-AS		5.89	%(b)	11/15/2057		18,280,915
	111,942,362	Series 2024-5C7-XA		0.93	%(a)(b)(f)	11/15/2057		4,387,245
	113,600,000	Series 2024-5C8-XA		1.02	%(b)(f)	12/15/2057		4,992,220
		BPR Trust
	10,166,000	Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.56	%(a)	09/15/2038		10,134,342
		Braemar Hotels & Resorts Trust
	598,840	Series 2018-PRME-A (1 mo. Term SOFR + 0.99%, 0.95% Floor)		5.39	%(a)	06/15/2035		596,935
		BSPRT Co.-Issuer LLC
	3,708,624	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.61	%(a)	03/15/2036		3,705,264
	15,000,000	Series 2023-FL10-C (1 mo. Term SOFR + 3.97%, 3.97% Floor)		8.37	%(a)	09/15/2035		15,165,030

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		BX Trust
	3,177,000	Series 2018-GW-D (1 mo. Term SOFR + 2.07%, 1.77% Floor)		6.47	%(a)	05/15/2035		3,178,151
	169,239,000	Series 2019-OC11-E		3.94	%(a)(b)	12/09/2041		150,995,611
	326,679,000	Series 2019-OC11-XB		0.18	%(a)(b)(f)	12/09/2041		3,261,726
	8,811,010	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.24	%(a)	10/15/2036		8,765,794
	1,069,000	Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.16	%(a)	10/15/2036		1,066,853
	2,746,474	Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.76	%(a)	11/15/2036		2,734,716
	1,939,344	Series 2021-SOAR-C (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.61	%(a)	06/15/2038		1,936,610
	3,450,000	Series 2021-VIEW-F (1 mo. Term SOFR + 4.04%, 3.93% Floor)		8.44	%(a)	06/15/2036		3,254,366
	56,505,000	Series 2021-VOLT-E (1 mo. Term SOFR + 2.11%, 2.00% Floor)		6.51	%(a)	09/15/2036		56,414,343
	4,296,509	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.20	%(a)	10/15/2038		4,293,581
	3,514,700	Series 2021-XL2-E (1 mo. Term SOFR + 1.96%, 1.85% Floor)		6.36	%(a)	10/15/2038		3,510,475
	1,650,876	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)		6.85	%(a)	08/15/2039		1,660,663
	24,170,000	Series 2024-AIRC-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.09	%(a)	08/15/2039		24,373,748
	18,250,000	Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor)		5.80	%(a)	12/15/2039		18,280,952
	5,650,000	Series 2024-GPA3-C (1 mo. Term SOFR + 1.89%, 1.89% Floor)		6.40	%(a)	12/15/2039		5,657,907
	2,549,000	Series 2024-VLT4-A (1 mo. Term SOFR + 1.49%, 1.49% Floor)		5.89	%(a)	07/15/2029		2,562,838
		BXP Trust
	9,818,000	Series 2017-GM-B		3.42	%(a)(b)	06/13/2039		9,325,997
		Cantor Commercial Real Estate Lending LP
	10,105,250	Series 2019-CF2-XD		1.43	%(a)(b)(f)	11/15/2052		576,325
	11,514,000	Series 2019-CF3-XD		1.09	%(a)(b)(f)	01/15/2053		533,836
		Century Plaza Towers
	5,000,000	Series 2019-CPT-A		2.87	%(a)	11/13/2039		4,388,516
		CFCRE Commercial Mortgage Trust
	7,155,000	Series 2016-C4-C		4.83	%(b)	05/10/2058		6,916,118
	64,728,289	Series 2016-C4-XA		1.56	%(b)(f)	05/10/2058		818,670
	5,000,000	Series 2016-C6-C		4.17	%(b)	11/10/2049		4,466,725
		Citigroup Commercial Mortgage Trust
	9,847,654	Series 2015-GC27-C		4.39	%(b)	02/10/2048		9,777,451
	3,685,000	Series 2015-GC27-D		4.39	%(a)(b)	02/10/2048		3,517,321
	14,310,000	Series 2015-GC33-C		4.57	%(b)	09/10/2058		12,028,882
	147,793,239	Series 2015-GC33-XA		0.86	%(b)(f)	09/10/2058		429,251
	91,710,883	Series 2016-C1-XA		1.81	%(b)(f)	05/10/2049		1,513,991
	186,714,285	Series 2016-GC36-XA		1.20	%(b)(f)	02/10/2049		1,508,278
	31,845,748	Series 2016-GC37-XA		1.64	%(b)(f)	04/10/2049		368,879
	87,785,765	Series 2016-P3-XA		1.65	%(b)(f)	04/15/2049		868,377
	51,755,763	Series 2016-P4-XA		1.89	%(b)(f)	07/10/2049		978,531
	82,785,417	Series 2016-P5-XA		1.37	%(b)(f)	10/10/2049		1,302,769
	217,604,795	Series 2017-B1-XA		0.72	%(b)(f)	08/15/2050		3,317,059
	36,838,371	Series 2017-P7-XA		1.08	%(b)(f)	04/14/2050		664,874
	15,766,000	Series 2019-C7-XD		1.20	%(a)(b)(f)	12/15/2072		815,952
	13,007,000	Series 2019-GC41-XD		0.84	%(a)(b)(f)	08/10/2056		424,530
	11,280,000	Series 2019-GC43-XD		0.60	%(a)(b)(f)	11/10/2052		308,501
	3,625,000	Series 2020-420K-D		3.31	%(a)(b)	11/10/2042		3,124,470
	7,800,000	Series 2020-420K-E		3.31	%(a)(b)	11/10/2042		6,541,065
	23,804,000	Series 2020-555-E		3.50	%(a)(b)	12/10/2041		18,996,835
	2,853,000	Series 2020-GC46-B		3.15	%(b)	02/15/2053		2,369,871
	21,133,200	Series 2020-GC46-XD		1.06	%(a)(b)(f)	02/15/2053		1,020,636
	16,920,000	Series 2022-GC48-XD		2.37	%(a)(b)(f)	06/15/2055		2,521,720
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	5,161,000	Series 2016-C1-B		4.20	%(b)	05/10/2049		4,826,394
	101,113,987	Series 2016-C1-XA		1.36	%(b)(f)	05/10/2049		939,025
	68,852,441	Series 2017-CD4-XA		1.22	%(b)(f)	05/10/2050		1,484,672
	5,723,000	Series 2017-CD6-B		3.91	%(b)	11/13/2050		5,296,682
	5,175,000	Series 2017-CD6-C		4.27	%(b)	11/13/2050		4,711,348
	37,520,097	Series 2017-CD6-XA		0.89	%(b)(f)	11/13/2050		687,620
	58,702,814	Series 2020-C9-XA		1.70	%(b)(f)	09/15/2053		2,655,287

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Commercial Mortgage Pass Through Certificates
	13,118,101	Series 2013-CR12-XA		0.58	%(b)(f)	10/10/2046		131
	199,786	Series 2013-CR13-C		4.94	%(b)	11/10/2046		186,060
	4,345,000	Series 2014-CR16-C		4.78	%(b)	04/10/2047		4,082,479
	12,950,156	Series 2014-CR20-C		4.65	%(b)	11/10/2047		12,256,639
	4,954,775	Series 2014-UBS3-XA		0.44	%(b)(f)	06/10/2047		50
	91,084,501	Series 2015-CR22-XA		0.74	%(b)(f)	03/10/2048		911
	5,360,000	Series 2015-CR23-C		4.33	%(b)	05/10/2048		5,081,018
	71,379,876	Series 2015-CR26-XA		0.89	%(b)(f)	10/10/2048		136,371
	17,822,000	Series 2015-DC1-C		4.27	%(b)	02/10/2048		15,850,022
	135,390,962	Series 2015-DC1-XA		0.84	%(b)(f)	02/10/2048		1,354
	4,296,879	Series 2015-PC1-A5		3.90	%	07/10/2050		4,282,592
	1,403,000	Series 2016-DC2-C		4.66	%(b)	02/10/2049		1,357,442
	15,800,000	Series 2018-COR3-XD		1.75	%(a)(b)(f)	05/10/2051		777,373
	18,570,000	Series 2018-HCLV-A (1 mo. Term SOFR + 1.30%, 1.00% Floor)		5.69	%(a)	09/15/2033		17,072,140
		Computershare Corporate Trust
	3,906,364	Series 2014-LC18-B		3.96	%	12/15/2047		3,864,713
	11,460,000	Series 2015-C26-C		4.07	%(b)	02/15/2048		11,390,669
	38,598,747	Series 2015-C26-XA		0.94	%(b)(f)	02/15/2048		386
	3,187,500	Series 2015-C27-C		3.89	%	02/15/2048		2,815,591
	97,364,452	Series 2015-C27-XA		0.73	%(b)(f)	02/15/2048		21,732
	9,701,000	Series 2015-C31-C		4.59	%(b)	11/15/2048		9,299,741
	112,092,244	Series 2015-C31-XA		0.94	%(b)(f)	11/15/2048		410,908
	111,301,486	Series 2015-LC20-XA		1.35	%(b)(f)	04/15/2050		21,158
	3,000,000	Series 2015-LC22-C		4.54	%(b)	09/15/2058		2,783,626
	8,438,000	Series 2015-NXS2-C		4.27	%(b)	07/15/2058		7,202,052
	78,395,672	Series 2015-P2-XA		0.91	%(b)(f)	12/15/2048		408,034
	10,085,000	Series 2016-C32-C		4.73	%(b)	01/15/2059		9,521,617
	4,250,000	Series 2016-C34-B		4.09	%	06/15/2049		4,071,339
	5,888,000	Series 2016-C34-C		5.05	%(b)	06/15/2049		5,556,337
	5,890,000	Series 2016-LC24-C		4.43	%(b)	10/15/2049		5,073,068
	96,053,115	Series 2016-NXS6-XA		1.59	%(b)(f)	11/15/2049		1,514,825
	178,320,333	Series 2017-C39-XA		1.07	%(b)(f)	09/15/2050		3,846,370
	1,904,000	Series 2017-C42-C		4.30	%(b)	12/15/2050		1,639,475
	47,133,755	Series 2017-C42-XA		0.86	%(b)(f)	12/15/2050		979,029
	1,758,000	Series 2017-RC1-C		4.59	%	01/15/2060		1,647,837
	133,551,986	Series 2018-C43-XA		0.57	%(b)(f)	03/15/2051		2,092,973
	4,335,668	Series 2019-C49-XD		2.13	%(a)(b)(f)	03/15/2052		329,365
	58,986,231	Series 2019-C50-XA		1.40	%(b)(f)	05/15/2052		2,649,897
	3,193,000	Series 2019-C51-B		3.84	%(b)	06/15/2052		2,710,413
	42,674,235	Series 2019-C51-XA		1.26	%(b)(f)	06/15/2052		1,962,925
	24,972,000	Series 2019-C52-AS		3.14	%	08/15/2052		22,310,347
	69,507,793	Series 2019-C52-XA		1.56	%(b)(f)	08/15/2052		3,827,280
	5,000,000	Series 2019-C53-C		3.58	%(b)	10/15/2052		4,296,887
	8,777,333	Series 2019-C53-XD		1.48	%(a)(b)(f)	10/15/2052		537,263
	131,852,048	Series 2019-C54-XA		0.84	%(b)(f)	12/15/2052		4,584,443
	6,363,333	Series 2019-C54-XD		1.39	%(a)(b)(f)	12/15/2052		373,978
	28,088,000	Series 2020-C55-AS		2.94	%	02/15/2053		24,632,833
	52,886,315	Series 2020-C55-XB		0.81	%(b)(f)	02/15/2053		1,878,823
	142,029,787	Series 2020-C56-XA		1.33	%(b)(f)	06/15/2053		7,032,861
	163,481,410	Series 2021-C61-XA		1.34	%(b)(f)	11/15/2054		10,122,507
	9,132,000	Series 2021-C61-XD		1.40	%(a)(b)(f)	11/15/2054		728,363
		Credit Suisse Mortgage Capital Certificates
	147,561,481	Series 2014-USA-X1		0.54	%(a)(b)(f)	09/15/2037		1,476
	3,799,000	Series 2017-CALI-E		3.78	%(a)(b)	11/10/2032		758,100
	6,050,000	Series 2017-CALI-F		3.78	%(a)(b)	11/10/2032		762,618
	4,847,000	Series 2017-TIME-A		3.65	%(a)	11/13/2039		4,252,628
	16,472,519	Series 2020-NET-A		2.26	%(a)	08/15/2037		16,059,087
	87,329,677	Series 2020-NET-X		1.14	%(a)(b)(f)	08/15/2037		560,002
	5,780,759	Series 2021-B33-A1		3.05	%(a)	10/10/2043		5,370,443
	18,815,500	Series 2021-B33-A2		3.17	%(a)	10/10/2043		15,983,636
	108,548,934	Series 2021-B33-X		0.50	%(a)(b)(f)	10/10/2043		2,684,925

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		CSAIL Commercial Mortgage Trust
	13,360,000	Series 2015-C2-AS		3.85	%(b)	06/15/2057		12,955,089
	9,205,000	Series 2015-C3-B		4.11	%(b)	08/15/2048		8,393,291
	2,299,000	Series 2015-C4-C		4.55	%(b)	11/15/2048		2,250,764
	259,213,422	Series 2015-C4-XA		0.79	%(b)(f)	11/15/2048		696,740
	9,425,000	Series 2016-C5-C		4.63	%(b)	11/15/2048		8,968,969
	34,455,582	Series 2016-C6-XA		1.85	%(b)(f)	01/15/2049		473,406
	11,020,000	Series 2016-C7-B		4.32	%(b)	11/15/2049		10,400,765
	127,637,218	Series 2017-C8-XA		1.06	%(b)(f)	06/15/2050		2,496,750
	4,399,000	Series 2017-CX10-B		3.89	%(b)	11/15/2050		3,944,850
	66,195,482	Series 2017-CX10-XA		0.84	%(b)(f)	11/15/2050		1,120,359
	1,886,000	Series 2018-C14-C		4.88	%(b)	11/15/2051		1,673,606
	15,894,000	Series 2019-C16-B		3.88	%	06/15/2052		14,372,615
	24,254,709	Series 2019-C17-XA		1.32	%(b)(f)	09/15/2052		1,152,858
	7,924,000	Series 2019-C18-B		3.59	%	12/15/2052		7,021,465
	218,449,321	Series 2019-C18-XA		1.00	%(b)(f)	12/15/2052		7,961,320
	194,148,096	Series 2020-C19-XA		1.09	%(b)(f)	03/15/2053		8,462,042
	81,465,000	Series 2020-C19-XB		0.08	%(b)(f)	03/15/2053		361,134
		CSWF
	878,416	Series 2018-TOP-G (1 mo. Term SOFR + 3.50%, 3.45% Floor)		7.89	%(a)	08/15/2035		849,315
		DOLP Trust
	11,475,000	Series 2021-NYC-F		3.70	%(a)(b)	05/10/2041		7,584,391
		Extended Stay America Trust
	7,614,436	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.59	%(a)	07/15/2038		7,624,433
		Franklin BSP Realty Trust, Inc.
	18,614,252	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)		6.10	%(a)	02/15/2037		18,582,387
		Granite Point Mortgage Trust, Inc.
	11,341,919	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor)		5.82	%(a)	12/15/2036		11,225,415
		Great Wolf Trust
	15,000,000	Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%)		6.09	%(a)	05/15/2041		15,079,247
		Greystone Commercial Real Estate Notes
	4,157,022	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.53	%(a)	07/15/2039		4,157,716
	6,250,000	Series 2021-FL3-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.16	%(a)	07/15/2039		6,229,819
		GS Mortgage Securities Corp. II
	4,000,000	Series 2015-GC28-C		4.34	%(b)	02/10/2048		3,959,931
	4,983,314	Series 2015-GC28-XA		0.68	%(b)(f)	02/10/2048		50
	184,595,912	Series 2015-GC32-XA		0.68	%(b)(f)	07/10/2048		234,991
	139,497,320	Series 2015-GC34-XA		1.19	%(b)(f)	10/10/2048		639,246
	62,177,036	Series 2015-GS1-XA		0.75	%(b)(f)	11/10/2048		235,054
	39,117,431	Series 2016-GS2-XA		1.72	%(b)(f)	05/10/2049		533,507
	250,347,863	Series 2016-GS3-XA		1.18	%(b)(f)	10/10/2049		3,448,717
	46,776,525	Series 2016-GS4-XA		0.56	%(b)(f)	11/10/2049		351,867
	178,367,579	Series 2017-GS7-XA		1.07	%(b)(f)	08/10/2050		3,705,693
	98,700,000	Series 2017-GS7-XB		0.33	%(b)(f)	08/10/2050		791,732
	3,443,000	Series 2018-GS10-WLSA		4.90	%(a)(b)	03/10/2033		830,730
	6,834,000	Series 2018-GS10-WLSB		4.90	%(a)(b)	03/10/2033		680,125
	9,287,000	Series 2018-GS10-WLSC		4.90	%(a)(b)	03/10/2033		875,492
	8,990,000	Series 2018-GS10-WLSD		4.90	%(a)(b)	03/10/2033		800,296
	11,236,750	Series 2018-GS10-WLSE		4.90	%(a)(b)	03/10/2033		911,813
	189,901,445	Series 2018-GS9-XA		0.41	%(b)(f)	03/10/2051		2,139,297
	12,875,000	Series 2018-LUAU-A (1 mo. Term SOFR + 1.30%, 1.25% Floor)		5.69	%(a)	11/15/2032		12,854,960
	15,571,000	Series 2018-TWR-A (1 mo. Term SOFR + 1.20%, 0.90% Floor)		5.60	%(a)	07/15/2031		13,090,306
	3,897,000	Series 2018-TWR-D (1 mo. Term SOFR + 1.90%, 1.60% Floor)		6.30	%(a)	07/15/2031		982,044
	11,950,000	Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor)		6.80	%(a)	07/15/2031		1,821,897
	11,242,000	Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor)		7.50	%(a)	07/15/2031		945,626
	4,648,000	Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor)		8.62	%(a)	07/15/2031		69,302
	51,875,665	Series 2019-GC38-XA		1.01	%(b)(f)	02/10/2052		1,833,359
	13,121,197	Series 2019-GC39-XA		1.09	%(b)(f)	05/10/2052		529,461

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	21,600,000	Series 2019-GSA1-XD		1.00	%(a)(b)(f)	11/10/2052		931,977
	178,408,669	Series 2020-GC45-XA		0.65	%(b)(f)	02/13/2053		4,396,436
	25,009,000	Series 2020-GC45-XD		0.68	%(a)(b)(f)	02/13/2053		745,863
	54,978,255	Series 2020-GSA2-XA		1.70	%(a)(b)(f)	12/12/2053		3,991,009
	7,561,000	Series 2020-UPTN-D		3.25	%(a)(b)	02/10/2037		7,542,021
	3,280,000	Series 2021-ARDN-E (1 mo. Term SOFR + 3.46%, 3.35% Floor)		7.86	%(a)	11/15/2036		3,253,130
	16,787,000	Series 2021-ARDN-G (1 mo. Term SOFR + 5.11%, 5.00% Floor)		9.51	%(a)	11/15/2036		16,676,960
		Hilton USA Trust
	5,692,000	Series 2016-SFP-A		2.83	%(a)	11/05/2035		4,448,298
		JP Morgan Chase Commercial Mortgage Securities
	402,616	Series 2007-CB20-X1		0.00	%(a)(b)(f)	02/12/2051		1
	4,557,470	Series 2013-LC11-AS		3.22	%	04/15/2046		4,177,592
	1,691,222	Series 2014-C20-B		4.40	%(b)	07/15/2047		1,655,277
	47,197,802	Series 2015-JP1-XA		0.88	%(b)(f)	01/15/2049		231,113
	1,725,000	Series 2017-JP5-C		3.74	%(b)	03/15/2050		1,467,592
	9,343,000	Series 2018-MINN-E (1 mo. Term SOFR + 2.80%, 3.50% Floor)		7.19	%(a)	11/15/2035		7,256,091
	18,869,000	Series 2019-COR4-XD		2.02	%(a)(b)(f)	03/10/2052		1,345,192
	85,796,991	Series 2019-COR5-XA		1.45	%(b)(f)	06/13/2052		4,008,864
	8,500,000	Series 2019-COR5-XD		1.76	%(a)(b)(f)	06/13/2052		572,749
	29,530,000	Series 2020-NNN-EFX		3.97	%(a)	01/16/2037		11,665,531
		JPMBB Commercial Mortgage Securities Trust
	3,469,579	Series 2014-C21-C		4.56	%(b)	08/15/2047		3,422,746
	37,312,274	Series 2014-C25-XA		0.54	%(b)(f)	11/15/2047		373
	24,081,948	Series 2014-C26-XA		0.57	%(b)(f)	01/15/2048		241
	8,236,400	Series 2015-C27-C		4.29	%(b)	02/15/2048		5,337,293
	10,425,000	Series 2015-C27-D		3.79	%(a)(b)	02/15/2048		2,692,918
	10,663,088	Series 2015-C28-C		4.07	%(b)	10/15/2048		10,012,125
	21,225,602	Series 2015-C28-XA		0.78	%(b)(f)	10/15/2048		4,578
	26,286,573	Series 2015-C29-XA		0.52	%(b)(f)	05/15/2048		18,040
	115,409,416	Series 2015-C30-XA		0.41	%(b)(f)	07/15/2048		90,435
	51,084,182	Series 2015-C32-XA		1.09	%(b)(f)	11/15/2048		132,584
	7,394,000	Series 2016-C1-C		4.70	%(b)	03/17/2049		6,850,472
	16,559,433	Series 2016-C1-XA		1.15	%(b)(f)	03/17/2049		156,778
		JPMDB Commercial Mortgage Securities Trust
	101,820,299	Series 2016-C2-XA		1.47	%(b)(f)	06/15/2049		1,288,770
	134,064,600	Series 2017-C5-XA		0.87	%(b)(f)	03/15/2050		1,639,168
	162,533,127	Series 2017-C7-XA		0.83	%(b)(f)	10/15/2050		2,922,849
	13,604,000	Series 2019-COR6-AS		3.41	%(b)	11/13/2052		11,523,754
	273,749,247	Series 2020-COR7-XA		1.63	%(b)(f)	05/13/2053		14,911,642
		KREF
	16,029,802	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.57	%(a)	02/15/2039		16,008,723
		Ladder Capital Commercial Mortgage Securities LLC
	7,386,665	Series 2021-FL3-A (1 mo. Term SOFR + 1.56%, 1.56% Floor)		5.96	%(a)	11/15/2038		7,406,609
		LoanCore
	10,585,185	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)		6.15	%(a)	01/17/2037		10,606,503
		LSTAR Commercial Mortgage Trust
	127,020	Series 2015-3-D		3.40	%(a)(b)	04/20/2048		126,098
	15,043,739	Series 2017-5-X		0.84	%(a)(b)(f)	03/10/2050		197,071
		Lument Finance Trust, Inc.
	10,800,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.26	%(a)	06/15/2039		10,681,880
		M360 LLC
	10,491,461	Series 2021-CRE3-A (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.97	%(a)	11/22/2038		10,484,830
	7,162,000	Series 2021-CRE3-B (1 mo. Term SOFR + 2.36%, 2.25% Floor)		6.72	%(a)	11/22/2038		7,114,294
		Manhattan West
	5,731,000	Series 2020-1MW-C		2.33	%(a)(b)	09/10/2039		5,223,913
		MF1 Multifamily Housing Mortgage Loan Trust
	1,112,211	Series 2021-FL5-A (1 mo. Term SOFR + 0.96%, 0.96% Floor)		5.35	%(a)	07/15/2036		1,114,777
	10,000,000	Series 2021-FL5-AS (1 mo. Term SOFR + 1.31%, 1.31% Floor)		5.70	%(a)	07/15/2036		9,999,700

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	10,762,426	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)		5.72	%(a)	02/19/2037		10,773,818
	8,203,161	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.52	%(a)	06/19/2037		8,218,255
	17,500,000	Series 2023-FL12-A (1 mo. Term SOFR + 2.07%, 2.07% Floor)		6.43	%(a)	10/19/2038		17,587,465
	10,660,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.06	%(a)	08/18/2041		10,699,218
		MFT Trust
	9,417,000	Series 2020-ABC-A		3.36	%(a)	02/10/2042		6,440,429
	4,317,000	Series 2020-ABC-B		3.48	%(a)(b)	02/10/2042		2,722,011
		MHC Commercial Mortgage Trust
	1,285,878	Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor)		5.31	%(a)	04/15/2038		1,285,460
		Morgan Stanley ABS Capital I, Inc.
	4,353,603	Series 2021-ILP-A (1 mo. Term SOFR + 0.89%, 0.78% Floor)		5.29	%(a)	11/15/2036		4,342,903
	17,326,703	Series 2021-ILP-D (1 mo. Term SOFR + 1.69%, 1.58% Floor)		6.09	%(a)	11/15/2036		17,261,243
	16,967,285	Series 2024-NSTB-A		3.90	%(a)(b)	09/24/2057		16,390,116
		Morgan Stanley Bank of America Merrill Lynch Trust
	10,102,345	Series 2012-CKSV-CK		4.16	%(a)(b)	10/15/2030		6,460,022
	6,693,500	Series 2014-C19-C		4.00	%	12/15/2047		6,405,068
	5,457,500	Series 2015-C20-C		4.42	%(b)	02/15/2048		5,371,470
	3,146,915	Series 2015-C20-XA		0.89	%(b)(f)	02/15/2048		31
	10,286,000	Series 2015-C27-C		4.48	%(b)	12/15/2047		9,947,509
	126,068,718	Series 2016-C28-XA		1.14	%(b)(f)	01/15/2049		998,628
	7,564,000	Series 2016-C31-C		4.26	%(b)	11/15/2049		6,394,830
	37,246,370	Series 2017-C33-XA		1.23	%(b)(f)	05/15/2050		738,417
		Morgan Stanley Capital I, Inc.
	549,976	Series 2006-HQ10-X1		0.62	%(a)(b)(f)	11/12/2041		6
	7,137,000	Series 2015-UBS8-B		4.32	%(b)	12/15/2048		6,717,952
	21,980,416	Series 2015-UBS8-XA		0.84	%(b)(f)	12/15/2048		112,887
	128,667,479	Series 2017-H1-XA		1.30	%(b)(f)	06/15/2050		2,562,310
	4,661,000	Series 2017-HR2-C		4.32	%(b)	12/15/2050		4,342,943
	8,000,000	Series 2018-MP-E		4.28	%(a)(b)	07/11/2040		5,275,298
	9,386,700	Series 2019-H6-XD		1.57	%(a)(b)(f)	06/15/2052		553,331
	5,305,000	Series 2019-H7-AS		3.52	%	07/15/2052		4,871,426
	74,218,052	Series 2019-L2-XA		1.00	%(b)(f)	03/15/2052		2,540,373
	3,845,000	Series 2019-L3-AS		3.49	%	11/15/2052		3,495,345
	146,795,469	Series 2019-L3-XA		0.61	%(b)(f)	11/15/2052		3,648,631
	15,090,000	Series 2019-L3-XD		1.15	%(a)(b)(f)	11/15/2052		732,274
	3,355,000	Series 2019-NUGS-D (1 mo. Term SOFR + 1.91%, 3.30% Floor)		6.31	%(a)	12/15/2036		344,502
	6,002,000	Series 2019-PLND-E (1 mo. Term SOFR + 2.26%, 2.15% Floor)		6.66	%(a)	05/15/2036		126,496
	2,200,000	Series 2020-HR8-B		2.70	%	07/15/2053		1,812,824
	24,004,000	Series 2020-L4-B		3.08	%	02/15/2053		20,867,251
	284,495,883	Series 2020-L4-XA		1.07	%(b)(f)	02/15/2053		12,907,664
	13,625,665	Series 2020-L4-XD		1.17	%(a)(b)(f)	02/15/2053		701,700
	10,779,000	Series 2021-L6-C		3.46	%(b)	06/15/2054		8,595,756
		MRCD Mortgage Trust
	7,794,000	Series 2019-PARK-F		2.72	%(a)	12/15/2036		4,788,634
	32,926,000	Series 2019-PARK-G		2.72	%(a)	12/15/2036		17,891,988
		Multifamily Tax-Exempt Mortgage-backed Securities M-TEMS
	62,152,962	Series 2021-2		0.83	%(b)(f)	03/25/2035		2,658,904
		Natixis Commercial Mortgage Securities Trust
	13,188,800	Series 2020-2PAC-D		3.75	%(a)	12/15/2038		10,884,781
		NYT Mortgage Trust
	25,000,000	Series 2019-NYT-D (1 mo. Term SOFR + 2.30%, 2.00% Floor)		6.70	%(a)	12/15/2035		22,723,203
		OPG Trust
	9,356,100	Series 2021-PORT-D (1 mo. Term SOFR + 1.25%, 1.13% Floor)		5.64	%(a)	10/15/2036		9,315,352
		ROCK Trust
	46,015,000	Series 2024-CNTR-A		5.39	%(a)	11/13/2041		45,939,140
		SLG Office Trust
	37,079,000	Series 2021-OVA-F		2.85	%(a)	07/15/2041		28,988,514
		SMR Mortgage Trust
	4,131,535	Series 2022-IND-G (1 mo. Term SOFR + 7.50%, 7.50% Floor)		11.90	%(a)	02/15/2039		3,632,909

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Soho Trust
	2,985,000	Series 2021-SOHO-B		2.70	%(a)(b)	08/10/2038		2,139,864
		SREIT Trust
	47,000,000	Series 2021-IND-G (1 mo. Term SOFR + 3.38%, 3.27% Floor)		7.78	%(a)	10/15/2038		46,316,559
	5,071,373	Series 2021-MFP-E (1 mo. Term SOFR + 2.14%, 2.03% Floor)		6.54	%(a)	11/15/2038		5,069,886
	1,690,000	Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor)		5.33	%(a)	11/15/2036		1,686,578
		Starwood Property Mortgage Trust
	12,263,639	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.69	%(a)	04/18/2038		12,221,550
		TCO Commercial Mortgage Trust
	2,490,000	Series 2024-DPM-C (1 mo. Term SOFR + 1.99%, 1.99% Floor)		6.49	%(a)	12/15/2039		2,496,511
		TPG Real Estate Finance Issuer Ltd.
	8,856,108	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.70	%(a)	03/15/2038		8,853,965
	24,463,816	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)		6.03	%(a)	02/15/2039		24,424,063
		UBS Commercial Mortgage Trust
	8,000,000	Series 2017-C1-C		4.44	%	06/15/2050		7,071,997
	72,012,614	Series 2017-C1-XA		1.47	%(b)(f)	06/15/2050		1,873,430
	1,124,000	Series 2017-C2-C		4.30	%(b)	08/15/2050		1,023,471
	6,857,000	Series 2017-C3-B		4.09	%(b)	08/15/2050		6,422,160
	10,083,107	Series 2017-C3-XA		1.10	%(b)(f)	08/15/2050		195,204
	3,561,000	Series 2017-C4-B		4.24	%(b)	10/15/2050		3,321,152
	2,886,000	Series 2017-C6-C		4.71	%(b)	12/15/2050		2,533,358
	544,000	Series 2017-C7-A4		3.68	%	12/15/2050		523,297
	1,020,000	Series 2018-C11-B		4.71	%(b)	06/15/2051		935,748
	37,623,726	Series 2018-C9-XA		0.91	%(b)(f)	03/15/2051		894,263
	8,350,000	Series 2019-C17-AS		3.20	%	10/15/2052		7,413,157
	12,767,000	Series 2019-C17-XD		1.75	%(a)(b)(f)	10/15/2052		914,895
	14,858,000	Series 2019-C18-AS		3.38	%(b)	12/15/2052		13,349,999
	9,705,000	Series 2019-C18-B		3.68	%(b)	12/15/2052		8,339,511
	11,574,000	Series 2019-C18-XD		1.43	%(a)(b)(f)	12/15/2052		702,896
		UBS-Barclays Commercial Mortgage Trust
	6,117,000	Series 2019-C3-XD		1.77	%(a)(b)(f)	05/15/2052		409,978
	165,903,407	Series 2019-C4-XA		1.52	%(b)(f)	08/15/2052		9,045,634
	13,091,000	Series 2019-C4-XD		1.13	%(a)(b)(f)	08/15/2052		588,832
	65,638,119	Series 2019-C5-XA		0.85	%(b)(f)	11/15/2052		1,912,747
	14,866,000	Series 2019-C5-XD		1.32	%(a)(b)(f)	11/15/2052		799,574
		VEGAS Trust
	66,928,000	Series 2024-TI-A		5.52	%(a)	11/10/2039		67,147,684
		VMC Finance LLC
	9,000,000	Series 2022-FL5-AS (30 day avg SOFR US + 2.40%, 2.40% Floor)		7.00	%(a)	02/18/2039		9,062,109
		Wells Fargo Commercial Mortgage Trust
	118,612,209	Series 2024-5C1-XA		1.03	%(b)(f)	07/15/2057		4,832,546
		WF-RBS Commercial Mortgage Trust
	10,000,000	Series 2014-C21-B		4.21	%(b)	08/15/2047		9,568,963
	3,147,000	Series 2014-C21-C		4.23	%(b)	08/15/2047		2,903,907
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $3,141,795,463)						2,327,161,627
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 24.5%
		Accredited Mortgage Loan Trust
	12,875,000	Series 2006-1-M2 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		1.61	%	04/25/2036		9,751,203
		ACE Securities Corp.
	1,498,181	Series 2007-ASP1-A2C (1 mo. Term SOFR + 0.63%, 0.52% Floor)		4.97	%	03/25/2037		601,385
	9,626,506	Series 2007-HE1-A2B (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%	01/25/2037		5,731,617
	2,243,202	Series 2007-HE1-A2C (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.79	%	01/25/2037		1,335,572
	2,103,002	Series 2007-HE1-A2D (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	01/25/2037		1,252,051
	69,091,806	Series 2007-WM1-A1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	11/25/2036		19,755,959

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	3,802,045	Series 2007-WM1-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	11/25/2036		1,524,177
	4,110,305	Series 2007-WM1-A2D (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.89	%	11/25/2036		1,648,598
	2,634,537	Series 2007-WM2-A2C (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	02/25/2037		1,075,996
	2,309,595	Series 2007-WM2-A2D (1 mo. Term SOFR + 0.48%, 0.37% Floor)		4.82	%	02/25/2037		943,254
		Adjustable Rate Mortgage Trust
	2,530,058	Series 2004-4-CB1 (1 mo. Term SOFR + 1.26%, 1.15% Floor, 10.00% Cap)		5.60	%	03/25/2035		2,124,445
	16,993,868	Series 2005-11-4A1		5.45	%(b)	02/25/2036		8,847,048
	1,265,918	Series 2005-4-2A1		6.70	%(b)	08/25/2035		1,171,365
	94,768	Series 2005-7-3A1		5.22	%(b)	10/25/2035		90,454
	3,615,368	Series 2005-8-3A21		5.18	%(b)	11/25/2035		2,531,305
	10,424,134	Series 2006-1-2A1		5.54	%(b)	03/25/2036		5,195,925
	9,899,843	Series 2006-2-5A1		5.27	%(b)	05/25/2036		1,940,210
	4,126,526	Series 2007-1-3A1		5.00	%(b)	03/25/2037		3,744,339
	856,412	Series 2007-3-1A1		5.40	%(a)(b)	11/25/2037		815,580
		Aegis Asset Backed Securities Trust
	800,034	Series 2004-1-M2 (1 mo. Term SOFR + 2.14%, 2.03% Floor)		6.48	%	04/25/2034		768,867
	617,792	Series 2004-2-M2 (1 mo. Term SOFR + 2.06%, 1.95% Floor)		6.40	%	06/25/2034		594,883
	3,384,833	Series 2004-6-M2 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 15.00% Cap)		5.45	%	03/25/2035		3,192,316
	8,674,257	Series 2006-1-A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor, 12.00% Cap)		4.62	%	01/25/2037		6,399,698
		AlphaFlow Transitional Mortgage Trust
	3,858,471	Series 2021-WL1-A1		3.28	%(a)(d)	01/25/2026		3,769,766
		American Home Mortgage Assets LLC
	2,668,255	Series 2006-2-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.83	%	09/25/2046		2,404,596
		American Home Mortgage Investment Trust
	2,546,231	Series 2005-4-3A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 11.00% Cap)		5.05	%	11/25/2045		1,730,551
	11,708,211	Series 2005-4-5A (6 mo. Term SOFR + 2.18%, 1.75% Floor, 11.00% Cap)		6.60	%	11/25/2045		4,416,755
	2,146,383	Series 2006-2-3A4		7.10	%(d)	06/25/2036		306,288
	7,248,123	Series 2007-A-13A1		6.60	%(a)(d)	01/25/2037		1,022,190
		Ameriquest Mortgage Securities, Inc.
	2,621,203	Series 2004-FR1-M1		3.78	%(d)	05/25/2034		2,593,750
		Amortizing Residential Collateral Trust
	4,523,420	Series 2002-BC7-M1 (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.65	%	10/25/2032		3,414,728
		AMSR Trust
	41,588,000	Series 2019-SFR1-E		3.47	%(a)	01/19/2039		40,054,875
	30,156,000	Series 2020-SFR4-G1		4.00	%(a)	11/17/2037		29,630,761
	10,000,000	Series 2020-SFR5-F		2.69	%(a)	11/17/2037		9,740,259
	6,500,000	Series 2021-SFR3-E1		2.33	%(a)	10/17/2038		6,141,431
	11,000,000	Series 2021-SFR3-E2		2.43	%(a)	10/17/2038		10,359,468
	18,500,000	Series 2021-SFR3-F		3.23	%(a)	10/17/2038		17,415,217
	6,500,000	Series 2021-SFR4-D		2.77	%(a)	12/17/2038		6,158,626
	10,500,000	Series 2021-SFR4-E1		2.97	%(a)	12/17/2038		9,950,432
		Angel Oak Mortgage Trust LLC
	114,313	Series 2019-2-M1		4.07	%(a)(b)	03/25/2049		114,025
	9,121,000	Series 2021-7-M1		3.26	%(a)(b)	10/25/2066		6,348,372
		Argent Securities, Inc. Asset-Backed Pass-Through Certificates
	9,652,851	Series 2004-W11-M6 (1 mo. Term SOFR + 1.99%, 1.88% Floor)		6.33	%	11/25/2034		8,281,635
	99,941,406	Series 2006-M3-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.63	%	10/25/2036		54,426,940
	11,284,423	Series 2006-W5-A1A (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	06/25/2036		7,291,043
		Asset Backed Funding Certificates
	80,864,430	Series 2007-WMC1-A1A (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.70	%	06/25/2037		57,666,803
		Asset Backed Securities Corp. Home Equity
	1,267,409	Series 2004-HE3-M2 (1 mo. Term SOFR + 1.79%, 1.68% Floor)		6.13	%	06/25/2034		1,213,415

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	17,324,500	Series 2006-HE7-A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor)		3.64	%	11/25/2036		15,653,318
		Banc of America Alternative Loan Trust
	413,255	Series 2005-10-4A1		5.75	%	11/25/2035		297,894
	1,654,257	Series 2005-11-2CB1		6.00	%	12/25/2035		1,534,350
	1,138,921	Series 2006-2-1CB1		6.00	%	03/25/2036		1,021,097
	1,541,044	Series 2006-2-3CB1		6.50	%	03/25/2036		1,369,911
	411,687	Series 2006-5-CB14 (1 mo. Term SOFR + 1.21%, 6.00% Floor, 6.00% Cap)		6.00	%	06/25/2046		349,215
	967,840	Series 2006-6-CB3		6.00	%	07/25/2046		816,454
	7,774,189	Series 2006-7-A4		6.50	%(d)	10/25/2036		2,190,796
	1,294,625	Series 2006-8-1A1 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.05	%(f)(g)	11/25/2036		93,957
	461,397	Series 2006-8-1A2 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.90	%	11/25/2036		359,139
	2,095,431	Series 2006-9-1CB1		6.00	%	01/25/2037		1,817,181
	366,823	Series 2007-2-2A1		6.00	%	06/25/2037		305,406
		Banc of America Funding Corp.
	2,228,346	Series 2006-2-3A1		6.00	%	03/25/2036		1,856,024
	60,940	Series 2006-2-4A1 (-3 x 1 mo. Term SOFR + 22.46%, 0.00% Floor, 22.80% Cap)		9.44	%(g)	03/25/2036		55,306
	78,433	Series 2006-2-6A2		5.50	%	03/25/2036		75,917
	256,799	Series 2006-3-1A1		6.00	%	03/25/2036		211,080
	153,991	Series 2006-3-6A1		6.38	%(b)	03/25/2036		155,194
	1,206,862	Series 2006-6-1A7		6.25	%	08/25/2036		1,012,649
	437,538	Series 2006-7-T2A5		6.54	%(d)	10/25/2036		376,039
	2,062,255	Series 2006-7-T2A8		6.41	%(d)	10/25/2036		1,772,409
	520,074	Series 2006-8T2-A8		6.60	%(d)	10/25/2036		445,298
	223,213	Series 2006-B-7A1		4.29	%(b)	03/20/2036		189,313
	3,845,552	Series 2006-D-6A1		3.96	%(b)	05/20/2036		3,171,823
	100,196	Series 2006-H-3A1		5.02	%(b)	09/20/2046		81,768
	43,696,806	Series 2006-H-5A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap)		4.84	%	10/20/2036		13,370,030
	424,540	Series 2007-1-TA10		6.34	%(d)	01/25/2037		386,007
	589,401	Series 2007-3-TA1B		5.83	%(b)	04/25/2037		495,380
	1,090,359	Series 2007-5-1A1		5.50	%	07/25/2037		862,043
	617,020	Series 2009-R14A-3A (-2 x 1 mo. Term SOFR + 16.30%, 5.50% Floor, 16.57% Cap)		0.06	%(a)	06/26/2035		551,689
	848,861	Series 2009-R15A-4A2		5.75	%(a)(b)	12/26/2036		724,925
	524,841	Series 2010-R1-3A (-2 x 1 mo. Term SOFR + 14.10%, 6.00% Floor, 14.28% Cap)		7.00	%(a)	07/26/2036		490,837
	4,735,187	Series 2014-R6-3A2		4.97	%(a)(b)(h)	10/26/2036		4,230,286
	10,958,978	Series 2014-R8-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%(a)	06/26/2036		8,629,855
	17,965,131	Series 2015-R2-4A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor)		1.79	%(a)	09/29/2036		14,748,047
		Banc of America Mortgage Securities, Inc.
	904,366	Series 2006-1-A9		6.00	%	05/25/2036		755,641
	137,803	Series 2007-1-2A5		5.75	%	01/25/2037		116,389
	3,032,671	Series 2007-3-2A8		7.00	%	09/25/2037		2,520,427
		BankUnited Trust
	4,840,163	Series 2005-1-2A1		4.53	%(b)	09/25/2045		4,326,088
		Barclays PLC
	6,284,003	Series 2010-RR6-7A10		6.00	%(a)(b)	02/26/2037		2,430,646
		Bayview Commercial Asset Trust
	608,208	Series 2007-3-A2 (1 mo. Term SOFR + 0.55%, 0.00% Floor)		4.89	%(a)	07/25/2037		569,008
		Bayview Financial Acquisition Trust
	2,229,608	Series 2006-C-2A4 (1 mo. Term SOFR + 0.53%, 0.00% Floor)		4.88	%	11/28/2036		2,033,736
		BCAP LLC Trust
	18,507,697	Series 2007-AA2-11A (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.83	%(a)	05/25/2047		18,719,580
	1,944,387	Series 2007-AA2-2A7		6.00	%	04/25/2037		870,270
	2,105,017	Series 2007-AA2-2A8		5.75	%	04/25/2037		878,609
	10,166,328	Series 2008-RR3-A1B		6.70	%(a)(b)	10/25/2036		3,091,266
	1,449,403	Series 2009-RR13-18A2		5.75	%(a)(b)	07/26/2037		699,158
	2,526,364	Series 2009-RR4-4A2		5.75	%(a)(b)	02/26/2036		1,107,249

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Bear Stearns Adjustable Rate Mortgage Trust
	209,388	Series 2005-12-13A1		4.97	%(b)	02/25/2036		145,994
	1,894,520	Series 2006-4-4A1		4.98	%(b)	10/25/2046		1,611,248
	2,525,558	Series 2007-1-2A1		5.70	%(b)	02/25/2047		2,174,976
	714,609	Series 2007-1-3A1		4.47	%(b)	02/25/2047		686,508
	8,365,438	Series 2007-2-2A1 (12 mo. Term SOFR + 2.59%, 1.88% Floor, 11.15% Cap)		6.37	%	12/25/2046		6,838,643
		Bear Stearns Alt-A Trust
	186,021	Series 2004-11-2A3		5.91	%(b)	11/25/2034		186,199
	9,480,974	Series 2006-3-21A1		4.69	%(b)	05/25/2036		6,800,909
	3,562,388	Series 2006-5-1A1 (1 mo. Term SOFR + 0.45%, 0.34% Floor, 11.50% Cap)		4.79	%	08/25/2036		3,254,789
	5,561,578	Series 2006-6-2A1		4.41	%(b)	11/25/2036		2,333,532
	2,855,465	Series 2006-8-2A1		4.83	%(b)	08/25/2046		1,961,643
	4,601,610	Series 2007-1-1A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.50% Cap)		4.77	%	01/25/2047		3,767,462
		Bear Stearns Asset Backed Securities Trust
	2,252,896	Series 2004-AC4-A2		5.50	%(d)	08/25/2034		2,205,394
	4,991,833	Series 2005-AC2-1A		5.75	%(d)	04/25/2035		4,211,256
	1,681,663	Series 2005-AC2-2A1		5.75	%(d)	04/25/2035		1,568,205
	19,344,781	Series 2005-AC6-22A		5.13	%(b)	09/25/2035		15,429,823
	4,579,323	Series 2005-AC7-A4		6.00	%(d)	10/25/2035		2,837,592
	5,826,614	Series 2006-AC1-1A1		6.25	%(d)	02/25/2036		2,669,095
	743,521	Series 2006-AC5-A1		6.75	%(d)	12/25/2036		745,744
	19,736,201	Series 2007-HE4-2A (1 mo. Term SOFR + 0.33%, 0.22% Floor)		4.67	%	05/25/2037		17,950,562
	11,235,959	Series 2007-HE6-2A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.50	%	08/25/2037		9,843,524
	922,587	Series 2007-SD1-1A2A		6.00	%	10/25/2036		312,589
	1,323,155	Series 2007-SD1-1A3A		6.50	%	10/25/2036		480,378
	1,187,116	Series 2007-SD1-23A1		5.84	%(b)	10/25/2036		605,220
		Bear Stearns Mortgage Funding Trust
	5,667,231	Series 2006-AR3-2A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 10.50% Cap)		4.85	%	11/25/2036		5,058,740
	2,484,166	Series 2006-AR4-A2 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 10.50% Cap)		4.81	%	12/25/2037		2,377,525
	5,494,695	Series 2007-AR3-22A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 10.50% Cap)		4.77	%	04/25/2037		5,166,875
		BNC Mortgage Loan Trust
	4,597,288	Series 2006-2-A4 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	11/25/2036		4,443,353
	4,020,162	Series 2007-1-A4 (1 mo. Term SOFR + 0.27%, 0.16% Floor)		4.61	%	03/25/2037		3,872,472
	4,917,238	Series 2007-4-A4 (1 mo. Term SOFR + 1.61%, 1.50% Floor)		5.95	%	11/25/2037		4,094,682
		BNP Paribas Mortgage Securities LLC
	23,502,859	Series 2009-1-B1		6.00	%(a)	08/27/2037		10,814,044
		CAFL Issuer LLC
	49,471,967	Series 2021-RTL1-A1		2.24	%(a)(d)	03/28/2029		49,098,162
	6,295,086	Series 2021-RTL1-A2		3.10	%(a)(d)	03/28/2029		6,243,883
		Carrington Mortgage Loan Trust
	3,783,802	Series 2006-FRE2-A2 (1 mo. Term SOFR + 0.23%, 0.12% Floor, 12.50% Cap)		4.57	%	10/25/2036		3,007,416
	18,245,020	Series 2006-FRE2-A3 (1 mo. Term SOFR + 0.27%, 0.16% Floor, 12.50% Cap)		4.61	%	10/25/2036		14,502,857
	5,615,679	Series 2006-FRE2-A4 (1 mo. Term SOFR + 0.36%, 0.25% Floor, 12.50% Cap)		4.70	%	10/25/2036		4,464,448
	3,262,254	Series 2006-NC3-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 12.50% Cap)		4.60	%	08/25/2036		3,154,185
	26,923,867	Series 2006-NC4-A3 (1 mo. Term SOFR + 0.27%, 0.16% Floor, 12.50% Cap)		4.61	%	10/25/2036		26,338,202
	21,174,916	Series 2006-NC5-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 14.50% Cap)		4.60	%	01/25/2037		18,594,793
	9,466,858	Series 2007-RFC1-A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor, 14.50% Cap)		4.59	%	12/25/2036		9,222,488
		Cascade MH Asset Trust
	14,337,875	Series 2019-MH1-A		4.00	%(a)(b)	11/25/2044		13,443,942
		Centex Home Equity
	2,750,000	Series 2004-A-AF5		5.43	%(d)	01/25/2034		2,671,229

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Chase Mortgage Finance Corp.
	2,151,698	Series 2005-A1-2A4		5.02	%(b)	12/25/2035		2,022,396
	7,048,617	Series 2006-S1-A5		6.50	%	05/25/2036		3,226,662
	6,582,926	Series 2006-S2-1A9		6.25	%	10/25/2036		2,548,064
	4,617,013	Series 2006-S3-1A2		6.00	%	11/25/2036		1,815,284
	13,246,483	Series 2006-S4-A8		6.00	%	12/25/2036		5,632,776
	3,920,266	Series 2007-S1-A7		6.00	%	02/25/2037		1,493,506
	2,265,773	Series 2007-S3-1A5		6.00	%	05/25/2037		989,289
	1,049,516	Series 2007-S3-2A1		5.50	%	05/25/2037		10
	2,182,593	Series 2007-S5-1A18		6.00	%	07/25/2037		964,244
		Chaseflex Trust
	900,819	Series 2005-1-3A1		6.00	%	02/25/2035		759,702
	76,880	Series 2006-1-A5		6.16	%(b)	06/25/2036		71,928
	1,961,397	Series 2006-2-A2B (1 mo. Term SOFR + 0.31%, 0.20% Floor, 11.50% Cap)		4.15	%	09/25/2036		1,631,335
	3,197,222	Series 2007-1-1A1		6.50	%	02/25/2037		1,101,923
	4,483,581	Series 2007-M1-2F4		4.27	%(d)	08/25/2037		3,483,758
	4,663,323	Series 2007-M1-2F5		4.27	%(d)	08/25/2037		3,623,031
		Citigroup Financial Products, Inc.
	1,394,289	Series 2007-AMC3-A2D (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.80	%	03/25/2037		1,171,123
		Citigroup Mortgage Loan Trust, Inc.
	362,703	Series 2005-9-21A1		5.50	%	11/25/2035		328,822
	849,376	Series 2006-4-2A1A		6.00	%	12/25/2035		822,090
	4,074,434	Series 2006-AR3-1A1A		5.76	%(b)	06/25/2036		3,824,062
	2,109,189	Series 2006-FX1-A6		7.35	%(d)	10/25/2036		1,189,980
	8,351,893	Series 2006-WF1-A2D		4.52	%(d)	03/25/2036		3,912,859
	8,567,208	Series 2006-WF2-A2D		4.27	%(d)	05/25/2036		3,085,912
	1,460,329	Series 2007-10-1A1A		5.16	%(b)	04/25/2037		1,348,402
	512,196	Series 2007-12-2A1		6.50	%(a)(b)	10/25/2036		263,969
	14,044,235	Series 2007-9-1A1		5.75	%(a)	04/25/2047		7,720,581
	608,195	Series 2007-9-2A2		6.50	%(a)(b)	05/25/2037		540,017
	34,953,430	Series 2007-AMC2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%(a)	01/25/2037		32,593,913
	1,777,576	Series 2007-AR8-1A1A		4.04	%(b)	08/25/2047		1,551,938
	3,344,936	Series 2007-OPX1-A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.85	%	01/25/2037		1,407,537
	3,292,513	Series 2007-OPX1-A3A		7.47	%(d)	01/25/2037		1,374,842
	7,257,884	Series 2007-OPX1-A5A		7.26	%(d)	01/25/2037		3,031,906
	2,610,367	Series 2010-7-9A4		6.00	%(a)(b)	10/25/2037		2,267,513
	12,169,832	Series 2010-8-7A4		6.00	%(a)(b)	06/25/2037		11,055,050
	2,275,204	Series 2014-8-3A2		6.00	%(a)(b)	03/25/2037		1,980,542
	96,759,090	Series 2019-A-PT1		3.92	%(a)	10/25/2058		80,437,767
	150,036,059	Series 2019-D-PT1		3.53	%(a)(b)	04/25/2064		125,283,860
	185,061,590	Series 2020-RP1-A1		1.50	%(a)(b)	08/25/2064		161,714,923
	26,293,400	Series 2020-RP1-M1		2.00	%(a)(b)	08/25/2064		19,531,955
	22,116,950	Series 2020-RP1-M2		2.50	%(a)(b)	08/25/2064		16,274,523
	18,676,200	Series 2020-RP1-M3		2.75	%(a)(b)	08/25/2064		13,334,196
	48,970,180	Series 2020-RP1-PT5		6.76	%(a)(b)	08/25/2064		40,488,153
	11,729,124	Series 2021-JL1-A		2.75	%(a)(b)	02/27/2062		11,263,721
	238,139,992	Series 2021-RP2-A1		1.75	%(a)(b)	03/25/2065		210,625,560
	34,186,100	Series 2021-RP2-M1		3.25	%(a)(b)	03/25/2065		28,627,515
	28,635,750	Series 2021-RP2-M2		3.40	%(a)(b)	03/25/2065		23,053,978
	26,589,300	Series 2021-RP2-M3		3.40	%(a)(b)	03/25/2065		20,470,772
	78,011,306	Series 2021-RP2-PT1		5.69	%(a)(b)	03/25/2065		64,210,716
		Citimortgage Alternative Loan Trust
	1,302,209	Series 2006-A1-1A5		5.50	%	04/25/2036		1,184,920
	1,547,712	Series 2006-A2-A2		6.00	%	05/25/2036		1,413,995
	1,559,054	Series 2006-A3-1A13		6.00	%	07/25/2036		1,408,537
	1,242,358	Series 2006-A4-1A8		6.00	%	09/25/2036		1,117,148
	1,229,440	Series 2006-A5-3A3Pool 2006-A5		6.00	%	10/25/2036		974,949
	3,687,696	Series 2006-A6-1A2 (1 mo. LIBOR US + 0.50%, 6.00% Floor, 6.00% Cap)		6.00	%(i)	11/25/2036		3,282,427
	1,888,997	Series 2007-A1-1A5		6.00	%	01/25/2037		1,647,506

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	921,011	Series 2007-A1-1A7		6.00	%	01/25/2037		803,268
	2,497,454	Series 2007-A1-1A8 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.05	%	01/25/2037		2,049,549
	2,356,626	Series 2007-A1-1A9 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.95	%(f)(g)	01/25/2037		111,785
	1,994,510	Series 2007-A3-1A1		6.00	%(j)	03/25/2037		1,695,337
	4,590,007	Series 2007-A3-1A3 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.95	%(f)(g)	03/25/2037		215,917
	1,798,725	Series 2007-A3-1A4		5.75	%	03/25/2037		1,596,959
	3,154,490	Series 2007-A4-1A3 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap)		4.78	%	04/25/2037		2,607,197
	3,154,490	Series 2007-A4-1A4 (-1 x 1 mo. Term SOFR + 6.56%, 0.00% Floor, 6.67% Cap)		2.22	%(f)(g)	04/25/2037		290,145
	3,340,767	Series 2007-A4-1A5		5.75	%	04/25/2037		2,932,062
	425,545	Series 2007-A5-1A11		6.00	%	05/25/2037		391,117
	5,610,501	Series 2007-A5-1A8		6.00	%	05/25/2037		5,156,608
	184,235	Series 2007-A8-A1		6.00	%	10/25/2037		164,063
		CitiMortgage, Inc.
	1,550,014	Series 2005-1-1A4		5.50	%	02/25/2035		1,473,372
		Colony American Finance Ltd.
	9,000,000	Series 2020-3-D		2.95	%(a)(b)	08/15/2053		7,314,244
		COLT Funding LLC
	14,812,000	Series 2021-5-M1		3.26	%(a)(b)	11/26/2066		10,783,573
	4,294,000	Series 2021-HX1-B1		3.11	%(a)(b)	10/25/2066		3,119,820
	4,130,000	Series 2021-HX1-B2		3.86	%(a)(b)	10/25/2066		3,136,505
	6,000,000	Series 2021-HX1-M1		2.36	%(a)(b)	10/25/2066		4,242,782
	10,100,709	Series 2022-4-A1		4.30	%(a)(b)	03/25/2067		9,793,257
		Countrywide Alternative Loan Trust
	22,413,580	Series 2004-36CB-1A1		6.00	%	02/25/2035		15,851,411
	4,729,735	Series 2005-13CB-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap)		4.95	%	05/25/2035		3,849,064
	2,160,354	Series 2005-13CB-A3		5.50	%	05/25/2035		1,836,626
	2,104,629	Series 2005-20CB-2A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap)		4.95	%	07/25/2035		1,270,076
	4,296,951	Series 2005-20CB-2A2 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.55	%(f)(g)	07/25/2035		156,034
	1,249,093	Series 2005-26CB-A11 (-2 x 1 mo. Term SOFR + 12.84%, 0.00% Floor, 13.05% Cap)		4.98	%(g)	07/25/2035		807,961
	1,683,006	Series 2005-28CB-1A2 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap)		5.20	%	08/25/2035		1,356,118
	907,284	Series 2005-28CB-3A6		6.00	%	08/25/2035		361,048
	4,846,086	Series 2005-32T1-A9		5.50	%	08/25/2035		2,632,333
	1,890,603	Series 2005-46CB-A14		5.50	%	10/25/2035		1,316,990
	957,815	Series 2005-46CB-A20		5.50	%	10/25/2035		667,212
	3,556,499	Series 2005-48T1-A2		5.50	%	11/25/2035		1,980,451
	1,212,346	Series 2005-54CB-3A4		5.50	%	11/25/2035		651,958
	26,903,448	Series 2005-55CB-1A1		5.50	%	11/25/2035		17,601,035
	10,526,334	Series 2005-57CB-1A1		5.50	%	12/25/2035		7,529,989
	297,949	Series 2005-60T1-A7 (-7 x 1 mo. Term SOFR + 35.09%, 0.00% Floor, 35.93% Cap)		3.28	%(g)	12/25/2035		128,048
	277,874	Series 2005-64CB-1A14		5.50	%	12/25/2035		242,097
	4,032,996	Series 2005-64CB-1A4		5.50	%	12/25/2035		3,513,734
	853,231	Series 2005-73CB-1A5 (1 mo. Term SOFR + 0.91%, 0.80% Floor, 5.50% Cap)		5.25	%	01/25/2036		786,391
	2,146,552	Series 2005-73CB-1A6 (-1 x 1 mo. Term SOFR + 4.59%, 0.00% Floor, 4.70% Cap)		0.25	%(f)(g)	01/25/2036		50,204
	29,545,642	Series 2005-77T1-1A1		6.00	%	02/25/2036		14,352,785
	402,269	Series 2005-79CB-A5		5.50	%	01/25/2036		222,377
	16,678,970	Series 2005-80CB-4A1		6.00	%	02/25/2036		7,812,243
	18,744,222	Series 2005-85CB-1A1		6.00	%	02/25/2036		7,606,291
	1,062,756	Series 2005-85CB-2A6 (-4 x 1 mo. Term SOFR + 21.21%, 0.00% Floor, 21.63% Cap)		5.30	%(g)	02/25/2036		745,680
	801,739	Series 2005-86CB-A5		5.50	%	02/25/2036		463,622
	2,995,733	Series 2005-J1-5A3		5.50	%	02/25/2035		2,837,080
	12,782	Series 2005-J1-7A1		5.50	%	12/25/2025		10,320

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,066,613	Series 2005-J10-1A11		5.50	%	10/25/2035		708,565
	242,736	Series 2005-J10-1A13 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap)		5.15	%	10/25/2035		148,128
	113,708	Series 2005-J10-1A15		5.50	%	10/25/2035		75,538
	346,220	Series 2005-J11-1A3		5.50	%	11/25/2035		189,155
	325,559	Series 2005-J13-2A5 (1 mo. Term SOFR + 0.59%, 0.48% Floor, 5.50% Cap)		4.93	%	11/25/2035		205,685
	651,118	Series 2005-J13-2A6 (-1 x 1 mo. Term SOFR + 4.91%, 0.00% Floor, 5.02% Cap)		0.57	%(f)(g)	11/25/2035		24,168
	402,393	Series 2005-J2-1A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 5.50% Cap)		4.95	%	04/25/2035		311,302
	1,238,133	Series 2005-J2-1A6 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.55	%(f)(g)	04/25/2035		35,517
	2,573,606	Series 2005-J3-2A8 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 5.50% Cap)		4.75	%	05/25/2035		1,973,313
	2,573,606	Series 2005-J3-2A9 (-1 x 1 mo. Term SOFR + 5.09%, 0.00% Floor, 5.20% Cap)		0.75	%(f)(g)	05/25/2035		102,677
	2,462,817	Series 2006-12CB-A3 (1 mo. Term SOFR + 5.75%, 5.75% Floor)		5.75	%	05/25/2036		1,190,493
	3,035,359	Series 2006-12CB-A8		6.00	%	05/25/2036		1,524,767
	27,092,011	Series 2006-15CB-A1		6.50	%	06/25/2036		12,376,842
	2,528,960	Series 2006-16CB-A7		6.00	%	06/25/2036		1,324,774
	667,026	Series 2006-18CB-A12 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.05	%	07/25/2036		277,373
	667,026	Series 2006-18CB-A13 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap)		1.05	%(f)(g)	07/25/2036		43,707
	3,253,488	Series 2006-19CB-A12 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.00% Cap)		4.85	%	08/25/2036		1,441,749
	4,411,925	Series 2006-19CB-A13 (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.15	%(f)(g)	08/25/2036		355,022
	679,108	Series 2006-19CB-A15Pool 2006-1		6.00	%	08/25/2036		389,075
	4,100,448	Series 2006-23CB-2A3		6.50	%	08/25/2036		1,259,882
	1,216,050	Series 2006-24CB-A11		5.75	%	08/25/2036		612,406
	3,559,230	Series 2006-24CB-A14 (-1 x 1 mo. Term SOFR + 7.04%, 0.00% Floor, 7.15% Cap)		2.70	%(f)(g)	08/25/2036		530,760
	2,854,039	Series 2006-24CB-A22		6.00	%	08/25/2036		1,487,054
	3,063,241	Series 2006-24CB-A5 (1 mo. Term SOFR + 0.71%, 0.06% Floor, 6.00% Cap)		5.05	%	08/25/2036		1,288,566
	1,411,487	Series 2006-26CB-A17		6.25	%	09/25/2036		683,612
	1,811,764	Series 2006-26CB-A9		6.50	%	09/25/2036		909,219
	2,381,720	Series 2006-29T1-1A2		6.25	%	10/25/2036		1,261,442
	358,674	Series 2006-29T1-2A12 (-7 x 1 mo. Term SOFR + 45.41%, 0.00% Floor, 46.15% Cap)		17.20	%(g)	10/25/2036		426,645
	219,695	Series 2006-29T1-2A23 (-4 x 1 mo. Term SOFR + 32.87%, 0.00% Floor, 33.37% Cap)		14.07	%(g)	10/25/2036		210,717
	1,856,150	Series 2006-2CB-A9		6.00	%	03/25/2036		875,288
	2,357,438	Series 2006-30T1-1A2		6.25	%	11/25/2036		1,732,372
	1,966,063	Series 2006-32CB-A1 (1 mo. Term SOFR + 0.78%, 0.67% Floor, 6.00% Cap)		5.12	%	11/25/2036		896,312
	3,279,393	Series 2006-32CB-A2 (-1 x 1 mo. Term SOFR + 5.22%, 0.00% Floor, 5.33% Cap)		0.88	%(f)(g)	11/25/2036		198,994
	7,380,826	Series 2006-36T2-2A1		6.25	%	12/25/2036		3,077,658
	595,763	Series 2006-36T2-2A4		6.25	%	12/25/2036		248,422
	712,194	Series 2006-39CB-1A10		6.00	%	01/25/2037		583,689
	13,161,767	Series 2006-39CB-2A2 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap)		2.10	%(f)(g)	01/25/2037		640,679
	4,482,203	Series 2006-39CB-2A4 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.90	%	01/25/2037		526,670
	1,051,733	Series 2006-40T1-1A11		6.00	%	01/25/2037		620,225
	1,790,150	Series 2006-40T1-1A4 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap)		1.00	%(f)(g)	01/25/2037		114,287
	2,679,900	Series 2006-41CB-1A10		6.00	%	01/25/2037		1,364,730
	6,554,157	Series 2006-41CB-1A15 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.95	%(f)(g)	01/25/2037		505,972
	6,554,157	Series 2006-41CB-1A2 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.05	%	01/25/2037		2,530,116

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,821,993	Series 2006-41CB-1A9		6.00	%	01/25/2037		1,437,090
	3,451,960	Series 2006-42-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.05	%	01/25/2047		1,467,546
	3,451,960	Series 2006-42-1A2 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.95	%(f)(g)	01/25/2047		264,686
	2,298,826	Series 2006-42-1A3		6.00	%	01/25/2047		1,197,456
	2,575,965	Series 2006-43CB-1A12		5.75	%	02/25/2037		1,306,893
	8,912,465	Series 2006-43CB-1A6		6.00	%	02/25/2037		4,695,846
	9,705,176	Series 2006-45T1-1A1 (1 mo. Term SOFR + 0.61%, 6.00% Floor, 6.00% Cap)		6.00	%	02/25/2037		3,546,648
	3,130,702	Series 2006-45T1-1A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.05	%	02/25/2037		865,210
	3,130,702	Series 2006-45T1-1A5 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.95	%(f)(g)	02/25/2037		183,518
	1,334,041	Series 2006-45T1-2A2		6.00	%	02/25/2037		713,833
	5,251,329	Series 2006-4CB-1A1		6.00	%	04/25/2036		2,507,227
	550,943	Series 2006-6CB-1A4Pool 0066CB		5.50	%	05/25/2036		444,848
	3,996,724	Series 2006-7CB-1A14		6.00	%	05/25/2036		2,078,851
	6,969,565	Series 2006-7CB-1A16		6.00	%	05/25/2036		3,625,142
	2,135,475	Series 2006-7CB-1A6		6.00	%	05/25/2036		1,125,317
	2,162,833	Series 2006-7CB-1A9		6.00	%	05/25/2036		1,124,974
	800,679	Series 2006-9T1-A11		6.00	%	05/25/2036		313,982
	1,667,968	Series 2006-J1-1A10		5.50	%	02/25/2036		1,122,925
	3,384,243	Series 2006-J1-1A3		5.50	%	02/25/2036		2,278,372
	766,981	Series 2006-J4-2A2		6.00	%	07/25/2036		445,828
	1,017,205	Series 2006-J7-1A1		6.25	%	11/25/2036		478,839
	26,111,075	Series 2006-OA21-A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.67	%	03/20/2047		21,826,574
	2,216,879	Series 2006-OA7-1A2 (12 Month US Treasury Average + 0.94%, 0.94% Floor)		5.77	%	06/25/2046		2,101,010
	588,707	Series 2007-11T1-A24 (-6 x 1 mo. Term SOFR + 39.21%, 0.00% Floor, 39.90% Cap)		13.18	%(g)	05/25/2037		475,546
	9,070,064	Series 2007-12T1-A11		6.00	%	06/25/2037		4,110,774
	8,259,837	Series 2007-15CB-A1		6.00	%	07/25/2037		4,835,803
	4,927,215	Series 2007-15CB-A2		5.75	%	07/25/2037		2,775,646
	5,910,873	Series 2007-15CB-A5		5.75	%	07/25/2037		3,329,769
	7,218,417	Series 2007-16CB-2A1 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.90	%	08/25/2037		2,410,957
	2,090,273	Series 2007-16CB-2A2 (-8 x 1 mo. Term SOFR + 53.63%, 0.00% Floor, 54.58% Cap)		17.47	%(g)	08/25/2037		2,441,083
	2,389,616	Series 2007-16CB-4A7		6.00	%	08/25/2037		1,744,167
	4,646,008	Series 2007-17CB-1A10 (-5 x 1 mo. Term SOFR + 29.37%, 0.00% Floor, 29.90% Cap)		9.42	%(g)	08/25/2037		3,560,940
	685,057	Series 2007-18CB-2A25		6.00	%	08/25/2037		400,425
	591,026	Series 2007-19-1A10 (-6 x 1 mo. Term SOFR + 38.31%, 0.00% Floor, 39.00% Cap)		12.28	%(g)	08/25/2037		531,228
	10,592,933	Series 2007-19-1A34		6.00	%	08/25/2037		5,078,556
	8,686,823	Series 2007-19-1A4		6.00	%	08/25/2037		4,164,712
	26,893,045	Series 2007-19-2A1		6.50	%	08/25/2037		11,475,601
	2,653,146	Series 2007-21CB-2A2 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap)		10.59	%(g)	09/25/2037		2,020,078
	17,437,273	Series 2007-22-2A16		6.50	%	09/25/2037		6,391,807
	6,687,301	Series 2007-23CB-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.95	%	09/25/2037		2,432,074
	9,490,667	Series 2007-23CB-A4 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.05	%(f)(g)	09/25/2037		1,127,562
	958,154	Series 2007-24-A2 (-6 x 1 mo. Term SOFR + 41.01%, 0.00% Floor, 41.70% Cap)		14.98	%(g)	10/25/2037		732,778
	1,915,902	Series 2007-24-A3 (-1 x 1 mo. Term SOFR + 6.84%, 0.00% Floor, 6.95% Cap)		2.50	%(f)(g)	10/25/2037		239,838
	3,143,042	Series 2007-24-A4 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 7.00% Cap)		5.15	%	10/25/2037		694,042
	4,157,118	Series 2007-24-A6 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 7.00% Cap)		5.45	%	10/25/2037		982,870
	3,041,760	Series 2007-2CB-1A4 (1 mo. Term SOFR + 1.11%, 5.75% Floor, 100.00% Cap)		5.75	%	03/25/2037		1,586,227

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	3,408,353	Series 2007-5CB-1A18 (-1 x 1 mo. Term SOFR + 5.54%, 0.00% Floor, 5.65% Cap)		1.20	%(f)(g)	04/25/2037		296,486
	3,408,353	Series 2007-5CB-1A23 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 6.00% Cap)		5.00	%	04/25/2037		1,414,191
	13,575,400	Series 2007-5CB-1A31		5.50	%	04/25/2037		6,732,405
	5,692,530	Series 2007-5CB-2A1		6.00	%	04/25/2037		2,539,368
	4,555,348	Series 2007-6-A1		5.75	%	04/25/2047		2,384,529
	4,994,975	Series 2007-6-A4		5.75	%	04/25/2047		2,614,655
	1,309,692	Series 2007-7T2-A8		6.00	%	04/25/2037		588,458
	227,575	Series 2007-8CB-A12 (-6 x 1 mo. Term SOFR + 39.51%, 0.00% Floor, 40.20% Cap)		13.48	%(g)	05/25/2037		213,163
	242,932	Series 2007-8CB-A8 (-6 x 1 mo. Term SOFR + 39.39%, 0.00% Floor, 40.08% Cap)		13.36	%(g)	05/25/2037		226,003
	386,026	Series 2007-9T1-1A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.95	%	05/25/2037		140,078
	386,026	Series 2007-9T1-1A5 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap)		1.05	%(f)(g)	05/25/2037		26,998
	1,423,360	Series 2007-9T1-2A1		6.00	%	05/25/2037		628,877
	16,715,802	Series 2007-HY2-1A		4.96	%(b)	03/25/2047		15,688,469
	13,421,029	Series 2007-HY4-4A1		4.45	%(b)	06/25/2037		12,483,085
		Countrywide Asset-Backed Certificates
	17,544,000	Series 2005-11-MF1		5.35	%(b)	02/25/2036		14,546,253
	17,538,039	Series 2006-25-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	06/25/2047		16,272,092
	4,881,881	Series 2006-26-1A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	06/25/2037		4,568,231
	21,233,999	Series 2007-4-A5		4.39	%(d)	04/25/2047		15,327,650
	9,197,702	Series 2007-BC1-1A (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	05/25/2037		8,528,716
		Countrywide Home Loan Mortgage Pass Through Trust
	345,985	Series 2003-60-4A1		6.21	%(b)	02/25/2034		338,830
	595,725	Series 2004-R2-1AF1 (1 mo. Term SOFR + 0.53%, 0.42% Floor, 9.50% Cap)		5.09	%(a)	11/25/2034		563,167
	579,639	Series 2004-R2-1AS		1.38	%(a)(b)(f)	11/25/2034		24,987
	11,329,220	Series 2005-17-2A1		5.50	%	09/25/2035		5,197,411
	2,190,930	Series 2005-18-A1		5.50	%	10/25/2035		1,130,019
	1,795,591	Series 2005-20-A5		5.50	%	10/25/2035		1,066,107
	1,314,878	Series 2005-20-A8		5.25	%	10/25/2035		776,944
	5,790,278	Series 2005-23-A1		5.50	%	11/25/2035		3,108,787
	1,308,279	Series 2005-24-A8		5.50	%	11/25/2035		684,339
	1,899,035	Series 2005-26-1A12		5.50	%	11/25/2035		1,127,031
	428,027	Series 2005-27-2A1		5.50	%	12/25/2035		176,758
	737,277	Series 2005-28-A7		5.25	%	11/01/2035		376,503
	5,797,488	Series 2005-HYB1-4A1		4.93	%(b)	03/25/2035		5,408,775
	44,415	Series 2005-HYB8-1A1		5.86	%(b)	12/20/2035		43,826
	5,741,600	Series 2005-HYB8-4A1		4.65	%(b)	12/20/2035		4,949,829
	548,788	Series 2005-J3-2A4		4.50	%	09/25/2035		472,219
	639,457	Series 2005-J4-A5		5.50	%	11/25/2035		519,710
	183,730	Series 2005-R1-1AF1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 9.50% Cap)		4.81	%(a)	03/25/2035		176,351
	183,021	Series 2005-R1-1AS		1.48	%(a)(b)(f)	03/25/2035		7,299
	6,356,008	Series 2006-1-A2		6.00	%	03/25/2036		3,261,362
	4,174,649	Series 2006-14-A5		6.25	%	09/25/2036		1,642,783
	2,977,863	Series 2006-16-2A1		6.50	%	11/25/2036		930,466
	1,268,359	Series 2006-20-1A21		6.00	%	02/25/2037		580,336
	14,979,720	Series 2006-8-1A3		6.00	%	05/25/2036		9,117,950
	171,150	Series 2006-J3-A4		5.50	%	05/25/2036		168,532
	3,810,123	Series 2007-10-A7		6.00	%	07/25/2037		1,689,543
	13,069,441	Series 2007-11-A1		6.00	%	08/25/2037		5,424,753
	6,297,454	Series 2007-12-A9		5.75	%	08/25/2037		3,154,864
	2,833,995	Series 2007-13-A1		6.00	%	08/25/2037		1,333,884
	4,643,656	Series 2007-13-A10		6.00	%	08/25/2037		2,185,643
	3,138,723	Series 2007-15-1A1		6.25	%	09/25/2037		1,875,956
	438,408	Series 2007-15-1A16		6.25	%	09/25/2037		262,028
	1,262,978	Series 2007-15-1A2		6.25	%	09/25/2037		754,526
	1,542,336	Series 2007-15-1A29		6.25	%	09/25/2037		921,786
	2,432,809	Series 2007-17-1A2		6.00	%	10/25/2037		1,658,740

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	317,561	Series 2007-18-1A1		6.00	%	11/25/2037		138,054
	1,314,480	Series 2007-2-A2		6.00	%	03/25/2037		536,797
	36,149,164	Series 2007-21-1A1		6.25	%	02/25/2038		16,765,028
	3,495,655	Series 2007-3-A1		6.00	%	04/25/2037		1,669,032
	1,346,300	Series 2007-3-A12		6.00	%	04/25/2037		642,803
	3,109,120	Series 2007-4-1A39		6.00	%	05/25/2037		1,346,562
	1,090,570	Series 2007-5-A2		5.75	%	05/25/2037		524,176
	4,217,923	Series 2007-7-A1		6.00	%	06/25/2037		2,090,873
	1,895,591	Series 2007-7-A11		5.50	%	06/25/2037		865,500
	1,264,389	Series 2007-7-A2		5.75	%	06/25/2037		602,037
	4,271,410	Series 2007-8-1A4		6.00	%	01/25/2038		1,822,793
	2,241,620	Series 2007-8-1A5		5.44	%	01/25/2038		888,497
	3,633,181	Series 2007-8-1A8		6.00	%	01/25/2038		1,550,434
	5,204,570	Series 2007-8-1A9 (1 mo. Term SOFR + 6.00%, 4.00% Floor, 6.00% Cap)		6.00	%	01/25/2038		2,193,421
	5,111,749	Series 2007-9-A1		5.75	%	07/25/2037		2,432,163
	672,746	Series 2007-9-A11		5.75	%	07/25/2037		320,092
	2,932,338	Series 2007-HY1-1A1		4.45	%(b)	04/25/2037		2,698,176
	7,702,386	Series 2007-HYB1-2A1		4.04	%(b)	03/25/2037		6,262,396
	15,165,216	Series 2007-J1-2A1		6.00	%	02/25/2037		5,712,068
	390,587	Series 2007-J3-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.95	%	07/25/2037		126,536
	1,952,936	Series 2007-J3-A2 (-1 x 1 mo. Term SOFR + 5.39%, 0.00% Floor, 5.50% Cap)		1.05	%(f)(g)	07/25/2037		138,682
		Credit Suisse First Boston Mortgage Securities Corp.
	1,655,188	Series 2005-10-5A4		5.50	%	11/25/2035		1,189,452
	348,468	Series 2005-10-5A5		5.50	%	11/25/2035		250,457
		Credit Suisse Management LLC
	3,589,532	Series 2005-11-2A1		6.00	%	12/25/2035		2,442,062
	4,805,259	Series 2005-12-5A1		5.25	%	01/25/2036		4,123,436
	9,680,346	Series 2005-12-7A1		7.00	%	01/25/2036		1,723,101
	2,301,691	Series 2005-8-3A10		5.50	%	09/25/2035		1,848,446
	3,360,747	Series 2005-8-7A1		7.00	%	09/25/2035		1,403,844
		Credit Suisse Mortgage Capital Certificates
	760,993	Series 2005-1R-2A5		5.75	%(a)	12/26/2035		520,734
	11,358,075	Series 2006-1-2A1		6.00	%	02/25/2036		3,099,813
	2,243,027	Series 2006-2-5A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 6.00% Cap)		5.15	%	03/25/2036		712,922
	12,537,491	Series 2006-2-5A2 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap)		0.85	%(f)(g)	03/25/2036		727,828
	2,611,542	Series 2006-2-5A3		6.25	%	03/25/2036		1,063,336
	7,067,877	Series 2006-2-5A4		6.00	%	03/25/2036		2,767,173
	1,035,931	Series 2006-3-4A3		5.50	%	04/25/2036		727,844
	626,247	Series 2006-3-4A4		5.50	%	04/25/2036		440,000
	2,392,458	Series 2006-4-1A8 (1 mo. Term SOFR + 1.11%, 6.00% Floor, 6.00% Cap)		6.00	%	05/25/2036		1,270,571
	20,338,667	Series 2006-4-4A1		7.00	%	05/25/2036		5,280,473
	7,094,686	Series 2006-4-6A1		6.00	%	05/25/2036		2,471,047
	6,597,154	Series 2006-6-1A4		6.00	%	07/25/2036		3,176,551
	10,035,754	Series 2006-6-3A1		7.00	%	07/25/2036		2,178,175
	109,972	Series 2006-7-3A11		6.00	%	08/25/2036		38,996
	1,457,171	Series 2006-7-7A5		6.00	%	08/25/2036		1,098,075
	1,722,252	Series 2006-9-2A1		5.50	%	11/25/2036		1,477,598
	7,566,686	Series 2006-9-3A1		6.00	%	11/25/2036		6,490,810
	3,059,190	Series 2006-9-4A1		6.00	%	11/25/2036		1,828,297
	1,339,926	Series 2006-9-6A14		6.00	%	11/25/2036		954,820
	217,689	Series 2006-9-6A15 (-6 x 1 mo. Term SOFR + 39.21%, 0.00% Floor, 39.90% Cap)		11.69	%(g)	11/25/2036		228,561
	8,115,622	Series 2007-1-1A4		6.13	%(b)	02/25/2037		1,934,432
	5,497,936	Series 2007-1-3A1		6.00	%	02/25/2025		678,212
	21,913	Series 2007-2-2A1		5.00	%	03/25/2037		16,015
	2,045,085	Series 2007-5-2A5		5.00	%	08/25/2037		1,748,127
	20,056,745	Series 2007-5-3A19		6.00	%	08/25/2037		14,886,243
	8,824,794	Series 2007-5-3A9		6.00	%	08/25/2037		6,543,869
	2,061,511	Series 2008-2R-1A1		6.00	%(a)	07/25/2037		1,732,447

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	8,274,932	Series 2009-11R-4A1		7.00	%(a)(b)	09/26/2037		2,183,777
	5,753,537	Series 2009-12R-5A1		6.00	%(a)	06/27/2036		2,845,368
	1,259,269	Series 2010-13R-1A2		5.50	%(a)(b)	12/26/2035		1,081,826
	15,155,820	Series 2010-17R-6A1		4.00	%(a)(b)	06/26/2037		14,564,027
	5,565,508	Series 2010-4R-3A17		6.00	%(a)(b)	06/26/2037		4,943,156
	2,747,827	Series 2010-4R-8A17		6.00	%(a)(b)	06/26/2037		2,440,557
	8,266,545	Series 2010-7R-1A17		6.00	%(a)(b)	01/26/2037		4,540,459
	6,592,177	Series 2012-10R-4A2		4.78	%(a)(b)	08/26/2046		4,486,007
	7,817,498	Series 2013-9R-A1		3.00	%(a)(b)	05/27/2043		6,953,663
	64,145,090	Series 2017-RPL2-PT		0.00	%(a)(b)	02/25/2056		47,583,899
	162,150,718	Series 2019-RPL6-PT1		4.21	%(a)(b)	11/25/2058		137,118,376
	4,227,000	Series 2020-AFC1-B1		3.45	%(a)(b)	02/25/2050		3,102,848
	160,828,148	Series 2020-RPL1-PT1		3.32	%(a)(b)	10/25/2069		124,607,993
	8,608,131	Series 2021-JR1-A1		5.47	%(a)(b)	09/27/2066		8,586,684
	7,469,850	Series 2021-NQM1-B1		2.83	%(a)(b)	05/25/2065		5,103,455
	6,225,825	Series 2021-NQM5-M1		2.17	%(a)(b)	05/25/2066		3,861,708
	3,180,040	Series 2021-NQM6-B1		3.29	%(a)(b)	07/25/2066		2,165,362
	7,445,317	Series 2021-NQM6-M1		2.58	%(a)(b)	07/25/2066		5,174,183
	25,148,075	Series 2021-RPL9-A1		3.66	%(a)(b)	02/25/2061		25,087,724
		Credit-Based Asset Servicing and Securitization LLC
	7,201,934	Series 2006-CB4-AV3 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		2.95	%	05/25/2036		4,774,052
		CSAB Mortgage Backed Trust
	3,809,214	Series 2006-3-A4B		6.61	%(d)	11/25/2036		528,059
	2,169,923	Series 2006-4-A6A		6.18	%(d)	12/25/2036		354,431
	7,862,359	Series 2007-1-1A1A		5.90	%(b)	05/25/2037		1,713,341
		CSMCM Trust
	6,858,943	Series 2019-RPL6-CERT		0.00	%(a)(b)	11/25/2058		5,429,085
	8,441,001	Series 2020-RPL1-CERT		3.23	%(a)(b)	01/25/2046		6,382,144
		DB US Financial Markets Holding Corp.
	3,438,570	Series 2014-RS1-3A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.00% Cap)		5.25	%(a)	10/27/2036		2,617,116
		Deutsche ALT-A Securities, Inc.
	6,746,253	Series 2005-4-A5		5.50	%(b)	09/25/2035		5,882,197
	165,443	Series 2005-5-1A6 (-7 x 1 mo. Term SOFR + 35.09%, 0.00% Floor, 35.93% Cap)		3.28	%(g)	11/25/2035		257,328
	454,962	Series 2005-5-2A1 (1 mo. Term SOFR + 0.31%, 0.20% Floor, 5.50% Cap)		4.65	%	11/25/2035		172,732
	1,373,125	Series 2005-5-2A2 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap)		0.85	%(f)(g)	11/25/2035		53,337
	4,387,896	Series 2005-6-2A1		5.50	%	12/25/2035		3,636,487
	2,669,582	Series 2006-AB1-A1C		5.67	%(b)	02/25/2036		2,355,954
	359,009	Series 2006-AB2-A2		4.72	%(b)	06/25/2036		320,044
	621,347	Series 2006-AB4-A1A		6.01	%(b)	10/25/2036		525,307
	8,676,589	Series 2006-AB4-A2		5.65	%(b)	10/25/2036		7,337,838
	618,102	Series 2006-AB4-A3		5.90	%(b)	10/25/2036		522,615
	899,608	Series 2006-AB4-A3A1		5.90	%(b)	10/25/2036		759,865
	1,774,087	Series 2006-AB4-A6A1		6.37	%(d)	10/25/2036		1,497,240
	11,531,788	Series 2007-2-2A1 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	09/25/2047		9,711,979
	14,474,509	Series 2007-OA3-A2 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	07/25/2047		11,874,549
		Deutsche Mortgage Securities, Inc.
	3,751,733	Series 2006-PR1-3A1 (-1 x 1 mo. Term SOFR + 11.96%, 12.12% Cap)		5.81	%(a)	04/15/2036		3,377,422
	742,968	Series 2006-PR1-4AI1 (-1 x 1 mo. Term SOFR + 11.95%, 12.11% Cap)		5.79	%(a)	04/15/2036		671,106
	1,211,374	Series 2006-PR1-4AI2 (-2 x 1 mo. Term SOFR + 14.39%, 14.61% Cap)		5.99	%(a)	04/15/2036		1,085,908
	246,677	Series 2006-PR1-5AI1 (-3 x 1 mo. Term SOFR + 19.01%, 19.35% Cap)		5.82	%(a)	04/15/2036		212,581
	2,172,859	Series 2006-PR1-5AI3 (-1 x 1 mo. Term SOFR + 12.41%, 12.57% Cap)		6.25	%(a)	04/15/2036		1,856,856
	35,998,158	Series 2006-PR1-5AI4 (-1 x 1 mo. Term SOFR + 11.96%, 12.12% Cap)		5.81	%(a)	04/15/2036		30,720,576

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Equifirst Loan Securitization Trust
	8,224,858	Series 2007-1-A2B (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%	04/25/2037		7,502,615
		FBR Securitization Trust
	22,750,000	Series 2005-2-M4 (1 mo. Term SOFR + 1.04%, 0.93% Floor, 14.00% Cap)		5.38	%	09/25/2035		19,865,914
	5,500,000	Series 2005-5-M3 (1 mo. Term SOFR + 0.85%, 0.74% Floor, 14.00% Cap)		5.19	%	11/25/2035		5,098,607
		Fieldstone Mortgage Investment Corp.
	2,956,398	Series 2007-1-2A2 (1 mo. Term SOFR + 0.38%, 0.27% Floor, 12.25% Cap)		5.24	%	04/25/2047		2,164,096
		Figure line of credit trust
	13,514,666	Series 2020-1-A		4.04	%(a)(b)	09/25/2049		12,924,760
		First Franklin Mortgage Loan Asset Backed Certificates
	7,487,697	Series 2006-FF8-M1 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.83	%	07/25/2036		6,371,075
	4,000,000	Series 2006-FF9-2A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	06/25/2036		3,570,481
	16,841,469	Series 2007-FF2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	03/25/2037		8,615,277
	20,169,104	Series 2007-FF2-A2C (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	03/25/2037		9,545,579
		First Horizon Alternative Mortgage Securities
	2,748,766	Series 2005-AA4-1A1		5.05	%(b)	05/25/2035		1,300,156
	3,239,122	Series 2005-FA8-1A4		5.50	%	11/25/2035		1,521,898
	241,577	Series 2005-FA8-2A1		5.00	%	02/25/2037		236,781
	902,427	Series 2006-AA3-A1		5.28	%(b)	06/25/2036		724,385
	1,794,132	Series 2006-FA1-1A12		6.00	%	04/25/2036		776,203
	6,020,432	Series 2006-FA1-1A3		5.75	%	04/25/2036		2,498,740
	1,204,759	Series 2006-FA2-1A5		6.00	%	05/25/2036		487,629
	1,884,944	Series 2006-FA8-1A5		6.00	%	02/25/2037		719,680
	2,616,252	Series 2006-RE1-A1		5.50	%(b)	05/25/2035		1,689,710
	10,468,916	Series 2007-FA3-A3		6.00	%	06/25/2037		3,471,184
	538,679	Series 2007-FA3-A4		6.00	%	06/25/2037		178,610
	595,343	Series 2007-FA4-1A13		6.25	%	08/25/2037		222,878
	1,837,869	Series 2007-FA4-1A4		6.25	%	08/25/2037		688,041
	1,044,940	Series 2007-FA4-1A5		6.25	%	08/25/2037		391,193
		First Horizon Asset Securities, Inc.
	863,886	Series 2006-1-1A2		6.00	%	05/25/2036		315,379
	1,532,436	Series 2007-4-1A1		6.00	%	08/25/2037		553,567
		FirstKey Homes Trust
	9,000,000	Series 2020-SFR1-E		2.79	%(a)	08/17/2037		8,819,516
	18,000,000	Series 2020-SFR2-D		1.97	%(a)	10/19/2037		17,484,269
	26,225,000	Series 2020-SFR2-E		2.67	%(a)	10/19/2037		25,580,193
	16,350,000	Series 2021-SFR1-E1		2.39	%(a)	08/17/2038		15,560,651
	11,500,000	Series 2021-SFR1-E2		2.49	%(a)	08/17/2038		10,912,363
	8,000,000	Series 2021-SFR2-D		2.06	%(a)	09/17/2038		7,552,409
	8,000,000	Series 2021-SFR2-E1		2.26	%(a)	09/17/2038		7,562,065
	8,000,000	Series 2021-SFR2-E2		2.36	%(a)	09/17/2038		7,548,212
	34,891,000	Series 2021-SFR3-B		2.44	%(a)	12/17/2038		33,090,052
	29,584,000	Series 2021-SFR3-C		2.54	%(a)	12/17/2038		27,982,908
	22,626,000	Series 2021-SFR3-D		2.79	%(a)	12/17/2038		21,305,230
	45,314,000	Series 2021-SFR3-E1		2.99	%(a)	12/17/2038		42,532,550
	25,293,000	Series 2021-SFR3-E2		3.08	%(a)	12/17/2038		23,742,526
	10,174,000	Series 2021-SFR3-F1		3.58	%(a)	12/17/2038		9,572,410
		Freddie Mac Structured Agency Credit Risk Debt Notes
	75,600,000	Series 2022-DNA3-M1B (30 day avg SOFR US + 2.90%, 0.00% Floor)		7.47	%(a)	04/25/2042		78,367,278
	3,306,615	Series 2024-DNA3-M1 (30 day avg SOFR US + 1.00%, 0.00% Floor)		5.57	%(a)	10/25/2044		3,308,161
	30,387,552	Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)		5.77	%(a)	08/25/2044		30,432,477
	23,000,000	Series 2024-HQA2-M2 (30 day avg SOFR US + 1.80%, 0.00% Floor)		6.37	%(a)	08/25/2044		23,305,231
		Freedom Mortgage Parent LLC
	62,350,000	Series 2020-GT1-A		4.45	%(a)(b)	01/25/2026		59,879,518
	72,500,000	Series 2021-GT1-A		3.62	%(a)(b)	07/25/2026		66,960,333
	64,820,000	Series 2021-GT2-A		3.85	%(a)(b)	10/25/2026		60,135,472

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Fremont Home Loan Trust
	107,545,349	Series 2006-D-1A1 (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	11/25/2036		62,421,213
		FRTKL
	7,750,000	Series 2021-SFR1-E1		2.37	%(a)	09/17/2038		7,286,145
	6,650,000	Series 2021-SFR1-E2		2.52	%(a)	09/17/2038		6,247,819
		GCAT
	2,751,000	Series 2019-NQM3-M1		3.45	%(a)(b)	11/25/2059		2,431,681
	7,096,000	Series 2021-NQM2-M1		2.54	%(a)(b)	05/25/2066		4,988,989
	8,405,000	Series 2021-NQM6-B1		4.42	%(a)(b)	08/25/2066		6,335,413
		GE-WMC Mortgage Securities LLC
	30,733,678	Series 2006-1-A2B (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	08/25/2036		13,010,012
		GMAC Mortgage Corp. Loan Trust
	1,482,286	Series 2005-AR5-3A1		4.84	%(b)	09/19/2035		1,186,806
		Greenpoint Mortgage Funding Trust
	20,724,759	Series 2005-AR3-2A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 10.50% Cap)		4.97	%	08/25/2045		7,340,355
	15,119,338	Series 2007-AR2-1A3 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.93	%	04/25/2047		12,839,000
		GS Mortgage Securities Corp.
	880,417	Series 2008-2R-1A1		4.48	%(a)(b)	09/25/2036		282,824
	15,718,993	Series 2014-3R-2B (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.88	%(a)	09/26/2036		8,295,285
		GS Mortgage-Backed Securities Trust
	89,310,277	Series 2020-RPL2-A1		1.75	%(a)(b)	05/25/2060		79,338,757
	12,540,000	Series 2020-RPL2-M1		2.25	%(a)(b)	05/25/2060		9,805,629
	10,237,000	Series 2020-RPL2-M2		2.75	%(a)(b)	05/25/2060		8,007,453
	9,341,000	Series 2020-RPL2-M3		3.00	%(a)(b)	05/25/2060		7,122,038
	31,719,511	Series 2020-RPL2-PT4		6.21	%(a)(j)	05/25/2060		27,191,551
		GSAA Trust
	101,322	Series 2005-12-AF3		5.07	%(b)	09/25/2035		64,676
	7,588,275	Series 2006-10-AF3		5.98	%(b)	06/25/2036		1,853,822
	5,431,059	Series 2006-10-AF4		6.80	%(d)	06/25/2036		1,323,142
	10,248,769	Series 2006-15-AF4		6.46	%(d)	09/25/2036		2,611,397
	1,602,732	Series 2006-18-AF3A		5.77	%(b)	11/25/2036		469,687
	3,777,106	Series 2006-18-AF6		6.18	%(d)	11/25/2036		909,197
	7,076,079	Series 2006-19-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.63	%	12/25/2036		1,879,217
	3,344,568	Series 2007-10-A1A		6.00	%	11/25/2037		1,852,091
	2,474,529	Series 2007-10-A2A		6.50	%	11/25/2037		910,832
	5,751,438	Series 2007-7-A5 (1 mo. Term SOFR + 0.67%, 0.56% Floor)		5.01	%	07/25/2037		2,962,280
		GSAMP Trust
	14,625,130	Series 2006-HE6-A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	08/25/2036		11,698,365
	6,084,941	Series 2007-H1-A2B (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.85	%	01/25/2047		3,107,918
		GSMPS Mortgage Loan Trust
	5,623,310	Series 2005-RP2-1AF (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.80	%(a)	03/25/2035		5,228,413
	5,623,310	Series 2005-RP2-1AS		0.00	%(a)(b)(f)	03/25/2035		18,935
	3,713,185	Series 2005-RP3-1AF (1 mo. Term SOFR + 0.46%, 0.35% Floor, 9.50% Cap)		4.80	%(a)	09/25/2035		3,175,575
	3,713,185	Series 2005-RP3-1AS		0.00	%(a)(b)(f)	09/25/2035		4,516
	13,785,318	Series 2006-RP1-1AF1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 9.15% Cap)		4.80	%(a)	01/25/2036		11,117,676
	13,785,318	Series 2006-RP1-1AS		0.00	%(a)(b)(f)	01/25/2036		50
		GSR Mortgage Loan Trust
	673,345	Series 2005-1F-1A2		5.50	%	02/25/2035		630,653
	1,117,588	Series 2005-1F-3A3		6.00	%	01/25/2035		990,515
	163,247	Series 2005-6F-3A5		6.00	%	07/25/2035		153,871
	1,755,412	Series 2005-6F-3A9 (-1 x 1 mo. Term SOFR + 6.79%, 0.00% Floor, 6.90% Cap)		2.45	%(f)(g)	07/25/2035		133,207
	91,410	Series 2005-6F-4A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.95	%	07/25/2035		89,418
	93,511	Series 2005-7F-3A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)		4.95	%	09/25/2035		92,898
	6,913,228	Series 2005-8F-3A5		6.00	%	11/25/2035		2,391,068

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,642,943	Series 2005-8F-4A1		6.00	%	11/25/2035		618,434
	121,030	Series 2006-1F-1A2		5.50	%	02/25/2036		247,391
	289,195	Series 2006-2F-2A3		5.75	%	02/25/2036		245,132
	1,505,345	Series 2006-2F-3A3		6.00	%	02/25/2036		667,841
	1,807,916	Series 2006-2F-3A6		6.00	%	02/25/2036		802,077
	16,358,200	Series 2006-5F-3A1		6.50	%	06/25/2036		6,714,820
	4,124,350	Series 2006-6F-2A3		6.00	%	07/25/2036		2,397,426
	9,487,445	Series 2006-9F-4A1		6.50	%	10/25/2036		3,711,272
	28,008,092	Series 2006-OA1-3A1 (Enterprise 11th District COFI Replacement Index + 1.50%, 1.50% Floor)		4.61	%	08/25/2046		5,041,434
	90,362	Series 2007-1F-2A2		5.50	%	01/25/2037		299,837
	377,743	Series 2007-4F-1A1		5.00	%	07/25/2037		664,726
	11,524,892	Series 2007-4F-3A11		6.00	%	07/25/2037		7,400,726
	38,703,853	Series 2007-OA1-1A1 (1 mo. Term SOFR + 0.34%, 0.23% Floor)		4.68	%	05/25/2037		18,272,344
		Harborview Mortgage Loan Trust
	29,537	Series 2005-14-3A1A		7.71	%(b)	12/19/2035		28,983
	5,131,879	Series 2005-2-1A (1 mo. Term SOFR + 0.63%, 0.52% Floor)		5.00	%	05/19/2035		1,537,487
	21,180,406	Series 2005-8-1A1A (1 mo. Term SOFR + 0.73%, 0.62% Floor, 11.00% Cap)		5.10	%	09/19/2035		9,893,465
	39,817,606	Series 2005-8-2A1A (12 Month US Treasury Average + 1.55%, 1.55% Floor)		6.38	%	09/19/2035		16,377,662
	3,125,618	Series 2006-10-2A1A (1 mo. Term SOFR + 0.47%, 0.36% Floor)		5.08	%	11/19/2036		2,662,844
	3,445,973	Series 2006-11-A1A (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.82	%	12/19/2036		3,059,882
	27,902,009	Series 2006-14-1A1A (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.84	%	01/25/2047		25,313,305
	5,133,400	Series 2006-4-1A2A (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.86	%	05/19/2046		2,612,926
	52,405,671	Series 2006-8-1A1 (1 mo. Term SOFR + 0.51%, 0.00% Floor)		5.11	%	07/21/2036		25,091,851
	5,736,982	Series 2006-BU1-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor, 10.50% Cap)		4.90	%	02/19/2046		5,193,747
	12,123,948	Series 2007-7-1A1 (1 mo. Term SOFR + 2.11%, 0.00% Floor, 10.50% Cap)		6.45	%	10/25/2037		9,467,641
		Home Equity Asset Trust
	264,980	Series 2003-3-M1 (1 mo. Term SOFR + 1.40%, 1.29% Floor)		5.74	%	08/25/2033		257,865
		Home Partners of America Trust
	3,658,824	Series 2019-2-C		3.02	%(a)	10/19/2039		3,423,817
	3,892,366	Series 2019-2-D		3.12	%(a)	10/19/2039		3,638,344
	7,326,807	Series 2019-2-E		3.32	%(a)	10/19/2039		6,869,939
		Homebanc Mortgage Trust
	292,886	Series 2005-1-M2 (1 mo. Term SOFR + 0.85%, 0.74% Floor, 11.50% Cap)		5.19	%	03/25/2035		254,212
	10,350,000	Series 2005-3-M5 (1 mo. Term SOFR + 1.96%, 1.85% Floor, 11.50% Cap)		6.30	%	07/25/2035		9,236,257
		Homeward Opportunities Fund I Trust
	28,994,000	Series 2020-2-B2		5.72	%(a)(b)	05/25/2065		29,554,292
		HSBC Asset Loan Obligation
	17,921,277	Series 2007-2-3A6		6.00	%	09/25/2037		5,612,673
	13,353,484	Series 2007-WF1-A3		4.49	%(d)	12/25/2036		4,406,901
		HSI Asset Securitization Corp.
	27,262,911	Series 2006-HE1-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	10/25/2036		7,589,160
	12,718,194	Series 2007-NC1-A2 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	04/25/2037		8,164,944
	55,137,445	Series 2007-NC1-A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	04/25/2037		36,733,635
		Impac CMB Trust
	43,936	Series 2002-9F-A1		5.22	%(d)	12/25/2032		43,688
		Impac Secured Assets CMN Owner Trust
	8,957,793	Series 2007-3-A1B (1 mo. Term SOFR + 0.59%, 0.48% Floor, 11.50% Cap)		4.93	%	09/25/2037		7,607,319
		Imperial Fund Mortgage Trust
	22,668,730	Series 2021-NQM4-A1		2.09	%(a)(b)	01/25/2057		19,260,844
	11,735,607	Series 2021-NQM4-A2		2.30	%(a)(b)	01/25/2057		9,977,755
	8,943,937	Series 2021-NQM4-A3		2.45	%(a)(b)	01/25/2057		7,596,272

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Indymac IMJA Mortgage Loan Trust
	3,097,574	Series 2007-A1-A1		6.00	%	08/25/2037		1,179,022
	2,267,666	Series 2007-A1-A7		6.00	%	08/25/2037		863,136
	6,850,853	Series 2007-A2-1A1		6.00	%	10/25/2037		2,897,487
	10,752,631	Series 2007-A2-2A3		6.50	%	10/25/2037		5,097,543
	18,346,781	Series 2007-A2-3A1		7.00	%	10/25/2037		4,321,102
	15,468,631	Series 2007-A3-A1		6.25	%	11/25/2037		6,386,919
	12,717,020	Series 2007-A4-A1		6.25	%	02/25/2038		3,979,148
		Indymac IMSC Mortgage Loan Trust
	28,737,418	Series 2007-F1-2A1		6.50	%	06/25/2037		6,788,761
	257,184	Series 2007-F2-1A2		6.00	%	07/25/2037		179,438
	25,253,567	Series 2007-F2-2A1		6.50	%	07/25/2037		9,038,567
	2,740,258	Series 2007-HOA1-A11 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	07/25/2047		1,789,989
		Indymac INDA Mortgage Loan Trust
	708,615	Series 2006-AR2-1A1		4.95	%(b)	09/25/2036		457,981
	531,732	Series 2006-AR2-4A1		4.64	%(b)	09/25/2036		482,693
	7,222,715	Series 2006-AR3-1A1		4.37	%(b)	12/25/2036		5,627,409
	2,342,863	Series 2007-AR1-3A1		3.04	%(b)	03/25/2037		1,936,304
	1,878,231	Series 2007-AR3-3A1		4.27	%(b)	07/25/2037		1,631,270
		Indymac Index Mortgage Loan Trust
	4,832,824	Series 2005-AR15-A1		4.25	%(b)	09/25/2035		3,929,994
	2,149,445	Series 2006-AR7-3A1		4.02	%(b)	05/25/2036		1,867,770
	1,641,811	Series 2007-AR13-2A1		5.85	%(b)	07/25/2037		1,399,624
	4,266,736	Series 2007-AR21-8A1		5.00	%(b)	09/25/2037		4,121,226
		Indymac Residential Asset Backed Trust
	11,989,545	Series 2006-B-2A4 (1 mo. Term SOFR + 0.67%, 0.56% Floor)		5.01	%	06/25/2036		10,731,752
	8,528,139	Series 2006-D-2A4 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%	11/25/2036		6,754,591
	7,506,957	Series 2007-B-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%	07/25/2037		2,979,417
	7,506,957	Series 2007-B-1A2 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%	07/25/2037		2,979,417
		Invitation Homes Trust
	33,442,000	Series 2024-SFR1-C		4.25	%(a)	09/17/2041		31,226,280
		JP Morgan Alternative Loan Trust
	4,692,469	Series 2005-S1-2A11		6.00	%	12/25/2035		3,100,641
	1,504,305	Series 2005-S1-2A9		6.00	%	12/25/2035		993,999
	2,632,838	Series 2006-A2-1A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor, 11.50% Cap)		4.81	%	05/25/2036		2,112,291
	2,027,209	Series 2006-S1-1A8		5.75	%	03/25/2036		1,002,343
		JP Morgan Mortgage Acquisition Corp.
	2,179,200	Series 2005-WMC1-M4 (1 mo. Term SOFR + 1.01%, 0.90% Floor)		5.35	%	09/25/2035		1,909,557
	5,157,275	Series 2006-CH2-AF3		5.46	%(d)	09/25/2029		3,027,606
	8,662,831	Series 2006-HE3-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.07	%	11/25/2036		7,942,440
	21,678,675	Series 2006-RM1-A3 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%	08/25/2036		9,487,141
	20,036,398	Series 2006-RM1-A4 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	08/25/2036		8,784,662
	2,818,494	Series 2006-WF1-A5		6.91	%(d)	07/25/2036		760,872
	3,927,831	Series 2006-WMC4-A1A (1 mo. Term SOFR + 0.37%, 0.26% Floor)		4.71	%	12/25/2036		2,418,699
	35,550,679	Series 2006-WMC4-A1B (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.91	%	12/25/2036		4,577,150
	9,690,000	Series 2007-CH3-M2 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	03/25/2037		8,685,913
		JP Morgan Mortgage Trust
	60,916	Series 2005-A6-5A1		6.77	%(b)	08/25/2035		61,499
	3,028,562	Series 2005-S1-1A2		6.50	%	01/25/2035		3,063,413
	320,613	Series 2005-S2-2A13		5.50	%	09/25/2035		236,132
	895,770	Series 2006-S2-3A3		6.00	%	07/25/2036		273,750
	3,329,918	Series 2006-S2-3A5		6.25	%	07/25/2036		1,058,413
	1,785,900	Series 2006-S3-1A2		6.00	%	08/25/2036		519,791
	7,073,757	Series 2006-S3-1A21 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.50% Cap)		4.83	%	08/25/2036		1,496,422

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	7,073,757	Series 2006-S3-1A22 (-1 x 1 mo. Term SOFR + 7.01%, 0.00% Floor, 7.12% Cap)		2.67	%(f)(g)	08/25/2036		876,849
	832,183	Series 2006-S3-1A9		6.00	%	08/25/2036		242,209
	5,652,494	Series 2006-S4-A3		6.00	%	01/25/2037		2,090,880
	2,354,219	Series 2006-S4-A5		6.00	%	01/25/2037		874,334
	5,572,886	Series 2006-S4-A8 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.00% Cap)		4.83	%	01/25/2037		1,491,650
	5,572,886	Series 2006-S4-A9 (-1 x 1 mo. Term SOFR + 6.51%, 0.00% Floor, 6.62% Cap)		2.17	%(f)(g)	01/25/2037		710,949
	583,189	Series 2007-A2-2A1		5.67	%(b)	04/25/2037		434,868
	2,026,281	Series 2007-A3-3A2M		5.00	%(b)	05/25/2037		1,791,175
	6,138,167	Series 2007-S1-2A6		6.00	%	03/25/2037		2,338,527
	1,719,539	Series 2007-S3-1A1		5.50	%	08/25/2037		711,461
	3,867,737	Series 2007-S3-1A35		6.00	%	08/25/2037		1,747,442
	1,691,976	Series 2007-S3-1A64		7.50	%	08/25/2037		564,045
	650,854	Series 2007-S3-1A9		6.00	%	08/25/2037		292,781
	3,566,238	Series 2007-S3-1A96		6.00	%	08/25/2037		1,604,934
	4,065,259	Series 2007-S3-1A97		6.00	%	08/25/2037		1,829,612
	25,000,000	Series 2024-NQM1-A1		5.59	%(a)(d)	02/25/2064		25,211,600
		JP Morgan Reremic
	4,663,574	Series 2009-4-3A2		6.00	%(a)(b)	02/26/2037		2,140,443
	16,321,722	Series 2009-7-7A1		7.00	%(a)(b)	09/27/2037		7,380,036
	7,595,780	Series 2010-1-1A4		6.00	%(a)	02/26/2037		3,353,033
	5,127,055	Series 2010-1-2A11		7.00	%(a)(b)	01/26/2037		2,289,762
		Legacy Mortgage Asset Trust
	109,922,722	Series 2019-RPL3-PT1		0.00	%(a)	06/25/2058		91,359,160
	24,390,735	Series 2021-GS4-A2		6.55	%(a)(d)	11/25/2060		24,411,047
		Lehman Brothers Holdings, Inc.
	17,673,510	Series 2007-1-1A1 (1 mo. Term SOFR + 0.32%, 0.21% Floor)		4.66	%(a)	06/25/2037		12,643,431
	5,448,736	Series 2007-1-2A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%(a)	06/25/2037		3,593,448
		Lehman Mortgage Trust
	1,429,506	Series 2005-2-3A5		5.50	%	12/25/2035		762,308
	986,239	Series 2005-2-5A5		5.75	%	12/25/2035		615,893
	1,635,639	Series 2005-3-2A1		6.00	%	01/25/2036		1,316,793
	139,150	Series 2005-3-2A3		5.50	%	01/25/2036		106,427
	747,538	Series 2005-3-2A7		6.00	%	01/25/2036		601,766
	908,469	Series 2006-1-1A1 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap)		5.20	%	02/25/2036		377,212
	2,725,406	Series 2006-1-1A2 (-1 x 1 mo. Term SOFR + 4.64%, 0.00% Floor, 4.75% Cap)		0.30	%(f)(g)	02/25/2036		95,646
	1,911,997	Series 2006-1-3A1 (1 mo. Term SOFR + 0.86%, 0.75% Floor, 5.50% Cap)		5.20	%	02/25/2036		1,245,960
	1,911,997	Series 2006-1-3A2 (-1 x 1 mo. Term SOFR + 4.64%, 0.00% Floor, 4.75% Cap)		0.30	%(f)(g)	02/25/2036		58,865
	1,231,884	Series 2006-1-3A4		5.50	%	02/25/2036		882,010
	1,410,499	Series 2006-4-1A3 (-1 x 1 mo. Term SOFR + 5.29%, 0.00% Floor, 5.40% Cap)		0.95	%(f)(g)	08/25/2036		86,353
	896,483	Series 2006-4-1A4		6.00	%	08/25/2036		678,503
	5,465,483	Series 2006-5-2A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 7.50% Cap)		4.80	%	09/25/2036		730,267
	11,384,542	Series 2006-5-2A2Pool 2006-5 (-1 x 1 mo. Term SOFR + 7.04%, 0.00% Floor, 7.15% Cap)		2.70	%(f)(g)	09/25/2036		941,839
	5,489,380	Series 2006-6-3A9		5.50	%	10/25/2036		3,601,267
	133,104	Series 2006-6-4A5		6.00	%	12/25/2036		126,210
	2,763,992	Series 2006-7-2A2 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.90	%	11/25/2036		647,232
	10,216,131	Series 2006-7-2A5 (-1 x 1 mo. Term SOFR + 6.44%, 6.55% Cap)		2.10	%(f)(g)	11/25/2036		873,272
	1,632,770	Series 2006-9-1A19 (-5 x 1 mo. Term SOFR + 30.16%, 0.00% Floor, 30.68% Cap)		10.20	%(g)	01/25/2037		1,308,157
	1,772,064	Series 2006-9-1A5 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 5.75% Cap)		5.05	%	01/25/2037		922,598
	5,299,592	Series 2006-9-1A6 (-1 x 1 mo. Term SOFR + 5.04%, 0.00% Floor, 5.15% Cap)		0.70	%(f)(g)	01/25/2037		259,171
	3,427,711	Series 2006-9-2A1 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 7.00% Cap)		4.83	%	01/25/2037		684,970

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	6,168,123	Series 2006-9-2A2 (-1 x 1 mo. Term SOFR + 6.51%, 0.00% Floor, 6.62% Cap)		2.17	%(f)(g)	01/25/2037		454,407
	1,355,876	Series 2007-2-1A1		5.75	%	02/25/2037		894,383
	2,368,051	Series 2007-4-2A11 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap)		4.78	%	05/25/2037		733,475
	10,879,468	Series 2007-4-2A8 (-1 x 1 mo. Term SOFR + 6.56%, 0.00% Floor, 6.67% Cap)		2.22	%(f)(g)	05/25/2037		851,447
	744,018	Series 2007-4-2A9 (1 mo. Term SOFR + 0.44%, 0.33% Floor, 7.00% Cap)		4.78	%	05/25/2037		185,952
	556,437	Series 2007-5-4A3 (-6 x 1 mo. Term SOFR + 39.39%, 0.00% Floor, 40.08% Cap)		13.36	%(g)	08/25/2036		590,437
	598,601	Series 2007-5-7A3		7.50	%	10/25/2036		204,281
	42,889	Series 2007-6-1A8		6.00	%	07/25/2037		38,114
	5,740,532	Series 2007-9-2A2		6.50	%	10/25/2037		1,424,389
	3,186,506	Series 2008-2-1A6		6.00	%	03/25/2038		927,366
		Lehman XS Trust
	4,125,389	Series 2005-2-2A3B		5.94	%(d)	08/25/2035		3,623,197
	6,500,869	Series 2005-9N-2A1 (12 Month US Treasury Average + 1.06%, 1.06% Floor)		5.89	%	02/25/2036		5,599,029
	4,769,178	Series 2006-3-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.05	%	03/25/2036		4,773,242
	6,062,477	Series 2006-5-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.87	%	04/25/2036		5,055,196
	25,198	Series 2006-5-2A4A		6.39	%(d)	04/25/2036		30,057
	7,394,976	Series 2006-GP3-1A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.85	%	06/25/2046		6,566,990
	3,737,195	Series 2007-1-2A1		7.00	%(b)	02/25/2037		3,641,492
	8,895,381	Series 2007-12N-1A3A (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.85	%	07/25/2047		8,356,708
	8,562,144	Series 2007-15N-4A1 (1 mo. Term SOFR + 1.01%, 0.90% Floor)		5.60	%	08/25/2047		6,987,580
		Long Beach Mortgage Loan Trust
	12,976,991	Series 2006-2-2A4 (1 mo. Term SOFR + 0.69%, 0.58% Floor)		5.03	%	03/25/2046		4,593,315
	46,287,201	Series 2006-3-2A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	05/25/2046		14,009,673
	4,718,444	Series 2006-3-2A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.99	%	05/25/2046		1,427,885
	14,736,405	Series 2006-5-2A4 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.93	%	06/25/2036		6,945,001
	23,587,481	Series 2006-6-1A (1 mo. Term SOFR + 0.40%, 0.29% Floor)		4.74	%	07/25/2036		16,148,412
	11,643,671	Series 2006-WL1-M2 (1 mo. Term SOFR + 0.79%, 0.68% Floor)		5.13	%	01/25/2046		11,122,782
		Luminent Mortgage Trust
	1,231,535	Series 2005-1-A1 (1 mo. Term SOFR + 0.63%, 0.52% Floor, 11.50% Cap)		4.97	%	11/25/2035		1,170,252
		Master Resecuritization Trust
	12,339,461	Series 2008-1-A1		6.00	%(a)(b)	09/27/2037		8,090,984
	5,970,077	Series 2008-4-A1		6.00	%(a)(b)	06/27/2036		4,750,317
		Mastr Adjustable Rate Mortgages Trust
	2,143,663	Series 2005-2-2A1		4.11	%(b)	03/25/2035		1,854,385
	689,283	Series 2005-6-5A1		3.50	%(b)	07/25/2035		608,980
	4,685,873	Series 2007-1-2A1		5.10	%(b)	11/25/2036		2,472,816
		MASTR Alternative Loans Trust
	6,640,958	Series 2004-9-M2		6.26	%(d)	08/25/2034		5,493,533
	1,111,612	Series 2005-2-3A1		6.00	%	03/25/2035		843,893
	35,643	Series 2005-5-2A3		5.50	%	07/25/2025		33,561
	6,550,367	Series 2005-5-3A1		5.75	%	08/25/2035		3,058,053
	1,391,930	Series 2005-6-1A5		5.50	%	12/25/2035		905,709
	1,026,916	Series 2006-3-1A2		6.25	%	07/25/2036		518,402
	640,762	Series 2007-1-1A5		5.75	%	10/25/2036		603,508
	3,703,659	Series 2007-1-2A7		6.00	%	10/25/2036		1,013,373
		Mastr Asset Backed Securities Trust
	1,721,970	Series 2003-OPT1-M3 (1 mo. Term SOFR + 4.24%, 4.13% Floor)		8.58	%	12/25/2032		1,645,505
	5,650,184	Series 2006-AM2-A3 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.79	%	06/25/2036		5,111,670
	6,482,925	Series 2007-HE1-A3 (1 mo. Term SOFR + 0.32%, 0.21% Floor)		4.87	%	05/25/2037		6,252,349
	12,756,982	Series 2007-WMC1-A1 (1 mo. Term SOFR + 0.40%, 0.29% Floor)		4.74	%	01/25/2037		3,332,792

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		MASTR Asset Securitization Trust
	1,294,919	Series 2006-1-1A4		5.75	%	05/25/2036		757,494
	1,029,681	Series 2006-2-1A11 (1 mo. Term SOFR + 6.00%, 6.00% Floor)		6.00	%	06/25/2036		594,527
	2,322,136	Series 2007-1-1A3		6.25	%	11/25/2037		887,825
		Mastr Seasoned Securities Trust
	1,065,105	Series 2005-2-1A4		6.00	%	10/25/2032		1,044,197
	414,340	Series 2005-2-2A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.50% Cap)		4.85	%	10/25/2032		383,407
		Merrill Lynch Alternative Note Asset
	19,116,118	Series 2007-A3-A2A (1 mo. Term SOFR + 0.33%, 0.22% Floor)		4.67	%	04/25/2037		6,724,626
	9,803,110	Series 2007-A3-A2B (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.87	%	04/25/2037		3,446,523
	13,587,226	Series 2007-A3-A2C (1 mo. Term SOFR + 0.75%, 0.64% Floor)		5.09	%	04/25/2037		4,781,731
	12,735,243	Series 2007-F1-2A4 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 7.00% Cap)		4.77	%	03/25/2037		3,137,731
	12,735,243	Series 2007-F1-2A5 (-1 x 1 mo. Term SOFR + 6.57%, 0.00% Floor, 6.68% Cap)		2.23	%(f)(g)	03/25/2037		1,473,708
	27,670,877	Series 2007-OAR5-1A1		3.83	%(b)	10/25/2047		7,810,811
		Merrill Lynch First Franklin Mortgage Loan Trust
	1,988,352	Series 2007-H1-1A2 (1 mo. Term SOFR + 3.61%, 3.50% Floor)		7.95	%	10/25/2037		1,847,088
		Merrill Lynch Mortgage Investors, Inc.
	15,561,572	Series 2005-AR1-M2 (1 mo. Term SOFR + 1.12%, 1.01% Floor)		5.46	%	06/25/2036		12,216,512
	7,706,664	Series 2006-AR1-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%(a)	03/25/2037		2,103,401
	685,706	Series 2006-F1-1A2		6.00	%	04/25/2036		282,675
	21,020,706	Series 2006-FM1-A1 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.17	%	04/25/2037		12,342,365
	10,139,640	Series 2006-HE3-A4 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	06/25/2037		2,688,647
	7,254,941	Series 2006-HE4-A2B (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.65	%	07/25/2037		1,575,490
	72,636,144	Series 2007-HE2-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	02/25/2037		33,630,397
	8,041,588	Series 2007-HE3-A1 (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	04/25/2047		3,185,279
	6,860,698	Series 2007-HE3-A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.83	%	04/25/2047		2,717,528
	2,873,667	Series 2007-HE3-A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.99	%	04/25/2047		1,138,262
	45,096,544	Series 2007-MLN1-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	03/25/2037		33,876,222
		Morgan Stanley ABS Capital I, Inc.
	16,345,557	Series 2006-HE7-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	09/25/2036		6,971,709
	21,690,027	Series 2006-HE7-A2D (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.91	%	09/25/2036		9,251,824
	13,147,491	Series 2006-NC2-M1 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.99	%	02/25/2036		12,222,302
	5,631,458	Series 2007-HE4-A1 (1 mo. Term SOFR + 0.24%, 0.13% Floor)		4.58	%(a)	02/25/2037		2,464,049
		Morgan Stanley Home Equity Loan Trust
	23,685,521	Series 2007-1-A4 (1 mo. Term SOFR + 0.33%, 0.22% Floor)		4.67	%	12/25/2036		11,269,389
		Morgan Stanley IXIS Real Estate Capital Trust
	4,948,953	Series 2006-2-AFPT (1 mo. Term SOFR + 0.18%, 0.07% Floor)		4.52	%	11/25/2036		1,582,027
		Morgan Stanley Mortgage Loan Trust
	557,885	Series 2005-10-1A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.75% Cap)		5.15	%	12/25/2035		331,880
	1,397,762	Series 2005-10-1A6		5.75	%	12/25/2035		911,404
	1,629,171	Series 2005-10-2A1		5.24	%(b)	12/25/2035		1,504,759
	4,482,991	Series 2006-11-1A6		6.73	%(d)	08/25/2036		783,847
	6,622,329	Series 2006-11-2A1		6.00	%	08/25/2036		2,802,815

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	6,437,718	Series 2006-16AX-2A2 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.79	%	11/25/2036		1,787,011
	5,026,103	Series 2006-17XS-A3A		6.15	%(d)	10/25/2046		1,443,489
	1,743,431	Series 2006-17XS-A6		6.08	%(d)	10/25/2046		417,590
	1,205,449	Series 2006-2-2A3		5.75	%	02/25/2036		1,097,252
	12,914,383	Series 2006-7-3A		5.10	%(b)	06/25/2036		6,903,032
	1,409,614	Series 2006-7-4A4		6.00	%	06/25/2036		645,463
	1,426,990	Series 2006-7-4A7		6.00	%	06/25/2036		653,421
	2,841,881	Series 2007-13-6A1		6.00	%	10/25/2037		1,487,756
	3,075,880	Series 2007-14AR-2A3		3.52	%(b)	10/25/2037		1,757,099
	2,803,566	Series 2007-1XS-2A3		6.42	%(d)	09/25/2046		582,500
	1,846,929	Series 2007-1XS-2A4A		6.58	%(d)	09/25/2046		468,295
	228,414	Series 2007-3XS-1A2A		6.12	%(d)	01/25/2047		211,790
	5,016,237	Series 2007-3XS-2A3S		6.36	%(d)	01/25/2047		1,791,822
	2,934,025	Series 2007-3XS-2A4S		6.46	%(d)	01/25/2047		1,028,953
		Morgan Stanley Reremic Trust
	2,893,693	Series 2010-R5-4B		3.50	%(a)(d)	06/26/2036		2,943,153
	5,335,764	Series 2010-R5-5B		3.14	%(a)(d)	01/26/2037		5,062,869
	9,189,203	Series 2010-R9-3C		6.00	%(a)(b)	11/26/2036		7,073,783
	6,827,701	Series 2012-R4-1B (1 mo. Term SOFR + 0.11%, 0.00% Floor)		3.02	%(a)	08/26/2036		4,983,020
	5,920,204	Series 2013-R2-1B		4.37	%(a)(b)	10/26/2036		5,220,109
	475,661	Series 2014-R7-B1		4.23	%(a)(b)	01/26/2051		473,678
	5,178,216	Series 2014-R7-B2		4.23	%(a)(b)(h)	01/26/2051		4,868,697
		New Century Alternative Mortgage Loan Trust
	9,392,533	Series 2006-ALT1-AF3		6.17	%(b)	07/25/2036		1,910,369
	11,917,378	Series 2006-ALT2-AF5		4.62	%(d)	10/25/2036		2,274,843
		New Century Home Equity Loan Trust
	17,829,000	Series 2005-4-M5 (1 mo. Term SOFR + 1.13%, 1.02% Floor, 12.50% Cap)		5.47	%	09/25/2035		16,936,386
	12,500,000	Series 2006-1-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor, 12.50% Cap)		5.01	%	05/25/2036		11,266,225
		New York Mortgage Trust, Inc.
	183,318	Series 2005-2-A (1 mo. Term SOFR + 0.77%, 0.66% Floor, 10.50% Cap)		5.11	%	08/25/2035		166,545
		Nomura Asset Acceptance Corp.
	16,309	Series 2005-AP1-2A5		5.36	%(d)	02/25/2035		16,140
	12,533,036	Series 2006-AF1-1A2		6.16	%(b)	05/25/2036		2,214,388
	2,546,937	Series 2006-AF1-1A3Pool 06-AF1		6.41	%(b)	05/25/2036		449,475
	13,738,445	Series 2006-AP1-A2		5.52	%(b)	01/25/2036		3,788,332
	2,322,086	Series 2006-AP1-A3		5.65	%(b)	01/25/2036		640,039
	1,092,164	Series 2006-WF1-A2		5.76	%(b)	06/25/2036		297,328
		Nomura Home Equity Loan, Inc.
	14,555,047	Series 2006-AF1-A2		6.30	%(d)	10/25/2036		3,031,113
	2,456,309	Series 2007-1-1A1		6.56	%(d)	02/25/2037		629,515
	12,242,812	Series 2007-1-1A3		6.49	%(d)	02/25/2037		3,138,326
		Nomura Resecuritization Trust
	2,735,745	Series 2014-1R-6A7		6.18	%(a)(b)	08/26/2036		2,255,695
	3,801,405	Series 2014-2R-4A9		4.05	%(a)(d)	07/26/2036		3,002,959
	7,670,263	Series 2015-4R-5A2 (1 mo. Term SOFR + 0.54%, 0.43% Floor)		2.87	%(a)(h)	03/26/2036		5,344,842
		Novastar Home Equity Loan
	14,600,000	Series 2005-3-M4 (1 mo. Term SOFR + 1.00%, 0.89% Floor, 11.00% Cap)		5.34	%	01/25/2036		12,143,096
	7,213,676	Series 2006-3-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.00% Cap)		4.77	%	10/25/2036		3,297,999
		NRZ Excess Spread-Collateralized Notes
	29,572,684	Series 2020-PLS1-A		3.84	%(a)	12/25/2025		29,096,700
	24,280,038	Series 2021-FHT1-A		3.10	%(a)	07/25/2026		23,436,022
		Onslow Bay Mortgage Loan Trust
	9,694,000	Series 2021-NQM3-M1		2.33	%(a)(b)	07/25/2061		5,450,184
	4,657,056	Series 2024-NQM12-A1		5.48	%(a)(d)	07/25/2064		4,644,565
		Option One Mortgage Loan Trust
	657,521	Series 2004-3-M3 (1 mo. Term SOFR + 1.09%, 0.98% Floor)		5.43	%	11/25/2034		672,517
	5,229,874	Series 2007-1-2A3 (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	01/25/2037		3,024,891
	47,953,410	Series 2007-6-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%	07/25/2037		41,734,260

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		PennyMac Mortgage Investment Trust
	22,223,573	Series 2020-1R-A (30 day avg SOFR US + 3.46%, 2.35% Floor)		8.01	%(a)	02/25/2025		22,245,058
	67,663,000	Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor)		7.45	%(a)	03/25/2026		67,986,551
		People’s Choice Home Loan Securities Trust
	10,080,000	Series 2005-1-M5 (1 mo. Term SOFR + 1.61%, 1.50% Floor, 15.00% Cap)		5.95	%	01/25/2035		7,596,598
		PHH Alternative Mortgage Trust
	2,437,477	Series 2007-1-1A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 10.10% Cap)		4.77	%	02/25/2037		1,780,516
	5,768,512	Series 2007-2-2A1		6.00	%	05/25/2037		4,896,025
	2,691,682	Series 2007-2-2A2		6.00	%	05/25/2037		2,284,565
	163,665	Series 2007-2-3A1		6.00	%	05/25/2037		146,419
		PR Mortgage Loan Trust
	98,948,463	Series 2014-1-APT		5.86	%(a)(b)	10/25/2049		93,469,439
		Pretium Mortgage Credit Partners LLC
	19,999,471	Series 2021-NPL5-A1		5.49	%(a)(d)	10/25/2051		20,013,159
	13,269,737	Series 2021-RN2-A1		4.74	%(a)(d)	07/25/2051		13,202,007
	25,784,105	Series 2021-RN4-A1		5.49	%(a)(b)	10/25/2051		25,789,780
	21,330,480	Series 2024-NPL6-A1		5.93	%(a)(d)	10/25/2054		21,240,474
	23,787,714	Series 2024-NPL7-A1		5.93	%(a)(d)	10/25/2054		23,831,752
	63,400,000	Series 2024-NPL9-A1		5.85	%(a)(d)	12/25/2054		63,889,892
		Prime Mortgage Trust
	3,915,509	Series 2006-DR1-2A1Pool DR12A1		5.50	%(a)	05/25/2035		3,575,780
	2,319,377	Series 2006-DR1-2A2		6.00	%(a)	05/25/2035		1,945,211
		Progress Residential Trust
	52,672,973	Series 2021-SFR10-E1		3.57	%(a)	12/17/2040		48,139,258
	21,859,029	Series 2021-SFR10-E2		3.67	%(a)	12/17/2040		19,962,037
	11,840,307	Series 2021-SFR10-F		4.61	%(a)	12/17/2040		10,937,534
	29,000,000	Series 2021-SFR2-E1		2.55	%(a)	04/19/2038		28,037,754
	20,000,000	Series 2021-SFR2-E2		2.65	%(a)	04/19/2038		19,278,428
	62,271,000	Series 2021-SFR2-F		3.40	%(a)	04/19/2038		60,474,893
	7,000,000	Series 2021-SFR5-E1		2.21	%(a)	07/17/2038		6,680,236
	25,000,000	Series 2021-SFR8-E1		2.38	%(a)	10/17/2038		23,593,992
	23,900,000	Series 2021-SFR8-E2		2.53	%(a)	10/17/2038		22,540,018
	19,900,000	Series 2021-SFR8-F		3.18	%(a)	10/17/2038		18,685,161
		PRPM LLC
	6,085,939	Series 2020-4-A2		9.19	%(a)(d)(h)	10/25/2025		6,093,860
	69,563,524	Series 2021-11-A1		5.49	%(a)(d)	11/25/2026		69,636,412
	33,906,188	Series 2021-6-A1		4.79	%(a)(d)	07/25/2026		33,873,764
	26,316,310	Series 2024-6-A1		5.70	%(a)(d)	11/25/2029		26,338,690
	28,922,544	Series 2024-7-A1		5.87	%(a)(d)	11/25/2029		29,018,498
	103,000,000	Series 2024-8-A1		5.90	%(a)(d)	12/25/2029		103,901,662
	23,600,000	Series 2024-NQM4-A1		5.67	%(a)(d)	12/26/2069		23,782,239
		Racers
	13,085,000	Series 2006-2-M2 (1 mo. Term SOFR + 0.40%, 0.29% Floor)		4.74	%	09/25/2036		10,348,475
		RALI Trust
	13,732,530	Series 2005-QA11-4A1		5.69	%(b)	10/25/2035		9,956,184
	7,051,024	Series 2005-QA13-2A1		5.40	%(b)	12/25/2035		6,126,833
	5,379,932	Series 2005-QA3-CB1		4.49	%(b)	03/25/2035		2,212,228
	160,369	Series 2005-QS12-A11 (-11 x 1 mo. Term SOFR + 49.89%, 0.00% Floor, 51.15% Cap)		2.16	%(g)	08/25/2035		120,451
	630,453	Series 2005-QS13-1A6		5.50	%	09/25/2035		493,763
	1,331,684	Series 2005-QS13-2A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.75% Cap)		5.15	%	09/25/2035		1,043,889
	5,459,904	Series 2005-QS13-2A2 (-1 x 1 mo. Term SOFR + 4.94%, 0.00% Floor, 5.05% Cap)		0.60	%(f)(g)	09/25/2035		175,945
	4,895,640	Series 2005-QS14-2A1		6.00	%	09/25/2035		1,586,096
	1,141,360	Series 2005-QS15-2A		6.00	%	10/25/2035		961,695
	1,219,622	Series 2005-QS15-3A		6.00	%	10/25/2035		1,050,195
	1,167,751	Series 2005-QS16-A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap)		5.15	%	11/25/2035		956,617
	1,167,550	Series 2005-QS16-A2 (-1 x 1 mo. Term SOFR + 4.69%, 0.00% Floor, 4.80% Cap)		0.35	%(f)(g)	11/25/2035		22,938
	627,401	Series 2005-QS17-A1		6.00	%	12/25/2035		527,640

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	649,195	Series 2005-QS17-A10		6.00	%	12/25/2035		545,969
	1,818,340	Series 2005-QS17-A11		6.00	%	12/25/2035		1,529,213
	1,292,419	Series 2005-QS17-A2 (1 mo. Term SOFR + 0.96%, 0.85% Floor, 6.00% Cap)		5.30	%	12/25/2035		1,077,744
	1,292,419	Series 2005-QS17-A4 (-1 x 1 mo. Term SOFR + 5.04%, 0.00% Floor, 5.15% Cap)		0.70	%(f)(g)	12/25/2035		42,336
	1,039,920	Series 2005-QS17-A6		6.00	%	12/25/2035		874,567
	449,041	Series 2005-QS5-A3		5.70	%	04/25/2035		445,057
	526,189	Series 2006-QS1-A6 (-8 x 1 mo. Term SOFR + 41.98%, 0.00% Floor, 42.86% Cap)		8.72	%(g)	01/25/2036		434,405
	1,703,166	Series 2006-QS10-A1		6.00	%	08/25/2036		1,397,227
	523,741	Series 2006-QS10-A4		5.75	%	08/25/2036		423,940
	3,780,254	Series 2006-QS11-1A1		6.50	%	08/25/2036		3,009,365
	1,020,464	Series 2006-QS12-1A1		6.50	%	09/25/2036		443,192
	1,571,061	Series 2006-QS12-2A18		5.75	%	09/25/2036		1,193,030
	2,391,104	Series 2006-QS14-A18		6.25	%	11/25/2036		1,922,427
	1,077,650	Series 2006-QS15-A1		6.50	%	10/25/2036		910,621
	463,981	Series 2006-QS16-A10		6.00	%	11/25/2036		359,505
	1,649,843	Series 2006-QS16-A11		6.00	%	11/25/2036		1,278,500
	1,315,081	Series 2006-QS16-A7		6.00	%	11/25/2036		1,018,959
	520,434	Series 2006-QS16-A8		6.00	%	11/25/2036		403,246
	205,945	Series 2006-QS16-A9		6.00	%	11/25/2036		159,572
	937,697	Series 2006-QS17-A4		6.00	%	12/25/2036		757,917
	5,209,437	Series 2006-QS17-A5		6.00	%	12/25/2036		4,210,657
	3,579,737	Series 2006-QS3-1A11		6.00	%	03/25/2036		3,134,230
	912,556	Series 2006-QS4-A8 (-790 x 1 mo. Term SOFR + 5,052.56%, 0.10% Floor, 8.00% Cap)		8.00	%(g)	04/25/2036		765,018
	3,609,361	Series 2006-QS4-A9		6.00	%	04/25/2036		2,887,734
	2,131,684	Series 2006-QS5-A3		6.00	%	05/25/2036		1,733,685
	6,353,220	Series 2006-QS5-A4		6.00	%	05/25/2036		5,167,034
	1,106,402	Series 2006-QS6-1A16		6.00	%	06/25/2036		875,387
	1,605,150	Series 2006-QS6-1A2		6.00	%	06/25/2036		1,269,996
	3,072,767	Series 2006-QS8-A1		6.00	%	08/25/2036		2,514,980
	5,328,627	Series 2006-QS8-A5 (-1 x 1 mo. Term SOFR + 5.44%, 0.00% Floor, 5.55% Cap)		1.10	%(f)(g)	08/25/2036		311,955
	1,938,425	Series 2006-QS9-1A6 (-1 x 1 mo. Term SOFR + 5.19%, 0.00% Floor, 5.30% Cap)		0.85	%(f)(g)	07/25/2036		79,235
	18,365,118	Series 2007-QA5-1A1		6.40	%(b)	09/25/2037		11,522,630
	24,118,464	Series 2007-QH5-AII (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.91	%	06/25/2037		9,804,081
	9,118,721	Series 2007-QH7-2A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.05	%	08/25/2037		8,471,819
	6,808,959	Series 2007-QS1-1A2 (-1 x 1 mo. Term SOFR + 5.34%, 0.00% Floor, 5.45% Cap)		1.00	%(f)(g)	01/25/2037		314,610
	685,394	Series 2007-QS1-1A4		6.00	%	01/25/2037		530,111
	1,613,630	Series 2007-QS1-2A10		6.00	%	01/25/2037		1,199,309
	19,787,791	Series 2007-QS10-A1		6.50	%	09/25/2037		15,958,204
	2,087,433	Series 2007-QS11-A1		7.00	%	10/25/2037		1,619,160
	2,146,212	Series 2007-QS2-A6		6.25	%	01/25/2037		1,735,121
	11,404,455	Series 2007-QS3-A1		6.50	%	02/25/2037		9,300,795
	1,818,511	Series 2007-QS3-A4		6.25	%	02/25/2037		1,459,288
	2,850,413	Series 2007-QS4-3A3		6.00	%	03/25/2037		2,376,588
	1,225,945	Series 2007-QS5-A1		5.50	%	03/25/2037		975,865
	505,752	Series 2007-QS5-A5 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 7.00% Cap)		4.75	%	03/25/2037		380,729
	1,679,719	Series 2007-QS5-A8 (-1 x 1 mo. Term SOFR + 6.59%, 0.00% Floor, 6.70% Cap)		2.25	%(f)(g)	03/25/2037		190,287
	1,376,070	Series 2007-QS6-A102		5.75	%	04/25/2037		1,091,954
	442,447	Series 2007-QS6-A13 (-8 x 1 mo. Term SOFR + 54.05%, 0.00% Floor, 55.00% Cap)		17.89	%(g)	04/25/2037		505,493
	1,970,425	Series 2007-QS6-A45		5.75	%	04/25/2037		1,563,591
	3,140,248	Series 2007-QS6-A6		6.25	%	04/25/2037		2,573,406
	216,887	Series 2007-QS6-A77 (-8 x 1 mo. Term SOFR + 54.88%, 0.00% Floor, 55.83% Cap)		18.72	%(g)	04/25/2037		254,975
	5,280,292	Series 2007-QS7-2A1		6.75	%	06/25/2037		2,050,530
	11,656,744	Series 2007-QS9-A33		6.50	%	07/25/2037		9,347,291

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		RAMP Trust
	1,361,519	Series 2004-RS7-A3		6.19	%(b)	07/25/2034		1,235,790
	5,198,862	Series 2006-RS2-A3A (1 mo. Term SOFR + 0.41%, 0.30% Floor, 14.00% Cap)		5.05	%	03/25/2036		5,112,083
	11,437,131	Series 2006-RS3-A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor, 14.00% Cap)		5.05	%	05/25/2036		9,553,764
	12,017,792	Series 2006-RS6-A4 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.99	%	11/25/2036		9,711,757
		RASC Trust
	3,860,296	Series 2005-KS4-M5 (1 mo. Term SOFR + 1.31%, 1.20% Floor)		6.25	%	05/25/2035		3,920,678
	4,121,979	Series 2007-EMX1-A13 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 14.00% Cap)		4.85	%	01/25/2037		4,125,680
		RBSGC Mortgage Pass Through Certificates
	10,702,426	Series 2008-B-A1		6.00	%(a)	06/25/2037		9,086,699
		RBSSP Resecuritization Trust
	377,571	Series 2009-12-17A2		6.21	%(a)(b)	10/25/2035		379,138
	12,264,358	Series 2009-12-20A2		4.48	%(a)(b)	12/25/2035		10,681,467
	2,896,299	Series 2010-4-7A2		6.00	%(a)	07/26/2037		1,368,184
		Renaissance Home Equity Loan Trust
	5,355,470	Series 2006-1-AF6		5.75	%(d)	05/25/2036		2,343,176
		Renaissance NIM Trust
	2,062,139	Series 2006-2-AF5		6.25	%(d)	08/25/2036		811,859
	17,385,181	Series 2006-3-AF3		5.59	%(d)	11/25/2036		5,763,242
	18,049,871	Series 2006-3-AF4		5.81	%(d)	11/25/2036		6,226,059
	2,933,947	Series 2006-3-AF5		6.12	%(d)	11/25/2036		1,066,042
	10,257,172	Series 2006-4-AF4		5.47	%(d)	01/25/2037		3,221,601
	20,198,460	Series 2006-4-AF5		5.69	%(d)	01/25/2037		6,594,076
	8,192,822	Series 2007-1-AF1		5.74	%(d)	04/25/2037		2,086,309
	5,779,950	Series 2007-1-AF1Z		5.35	%(d)	04/25/2037		1,392,447
	3,486,895	Series 2007-1-AF2		5.51	%(d)	04/25/2037		852,942
	5,072,268	Series 2007-1-AF3		5.61	%(d)	04/25/2037		1,262,860
	2,781,357	Series 2007-1-AF4		5.76	%(d)	04/25/2037		710,585
	8,232,817	Series 2007-1-AF5		5.91	%(d)	04/25/2037		2,159,899
	17,696,892	Series 2007-2-AF2Pool 2007-2		5.68	%(d)	06/25/2037		4,245,141
	22,755,581	Series 2007-2-AF5		6.20	%(d)	06/25/2037		6,071,041
		Residential Asset Securitization Trust
	4,379,369	Series 2005-A11-2A4		6.00	%	10/25/2035		1,861,201
	1,041,188	Series 2005-A12-A7 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.55	%(f)(g)	11/25/2035		53,722
	1,392,855	Series 2005-A12-A8 (1 mo. Term SOFR + 0.66%, 0.55% Floor, 5.50% Cap)		5.00	%	11/25/2035		670,125
	1,454,094	Series 2005-A15-1A7		6.00	%	02/25/2036		1,377,194
	6,927,749	Series 2005-A15-5A3		5.75	%	02/25/2036		2,536,663
	7,122,429	Series 2005-A16-A1		5.00	%	02/25/2036		2,717,355
	2,641,916	Series 2005-A8CB-A11		6.00	%	07/25/2035		1,597,966
	2,674,065	Series 2005-A8CB-A2 (-1 x 1 mo. Term SOFR + 4.89%, 0.00% Floor, 5.00% Cap)		0.55	%(f)(g)	07/25/2035		106,480
	640,502	Series 2006-A1-1A3		6.00	%	04/25/2036		275,807
	10,255,470	Series 2006-A1-3A2		6.00	%	04/25/2036		4,627,072
	4,948,300	Series 2006-A10-A5		6.50	%	09/25/2036		1,704,399
	6,998,759	Series 2006-A12-A1		6.25	%	11/25/2036		2,574,161
	7,200,781	Series 2006-A13-A1		6.25	%	12/25/2036		2,453,645
	14,040,904	Series 2006-A14C-2A6 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.90	%	12/25/2036		2,961,015
	30,986,168	Series 2006-A14C-2A7 (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap)		2.10	%(f)(g)	12/25/2036		3,181,561
	5,468,125	Series 2006-A2-A11		6.00	%	01/25/2046		2,066,010
	3,787,174	Series 2006-A2-A4		6.00	%	01/25/2046		1,430,813
	3,147,503	Series 2006-A2-A9		6.00	%	01/25/2046		1,189,143
	2,250,431	Series 2006-A8-1A1		6.00	%	08/25/2036		1,341,330
	4,476,606	Series 2006-R1-A1 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap)		10.59	%(g)	01/25/2046		3,502,947
	19,392,166	Series 2007-A2-1A2		6.00	%	04/25/2037		10,025,742

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	707,602	Series 2007-A3-1A2 (-8 x 1 mo. Term SOFR + 45.51%, 0.00% Floor, 46.38% Cap)		12.24	%(g)	04/25/2037		669,428
	22,912,882	Series 2007-A5-1A4 (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.65	%(f)(g)	05/25/2037		1,157,107
	5,885,661	Series 2007-A5-1A6 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap)		4.85	%	05/25/2037		742,412
	4,008,967	Series 2007-A5-2A3		6.00	%	05/25/2037		2,059,947
	1,756,926	Series 2007-A5-2A5		6.00	%	05/25/2037		902,769
	7,394,241	Series 2007-A6-1A2		6.00	%	06/25/2037		3,781,807
	7,757,453	Series 2007-A7-A1		6.00	%	07/25/2037		2,876,965
	34,122,263	Series 2007-A7-A2		6.00	%	07/25/2037		12,654,739
	15,118,855	Series 2007-A7-A6		6.00	%	07/25/2037		5,607,048
		Residential Mortgage Loan Trust
	6,300,000	Series 2020-2-M1		3.57	%(a)(b)	05/25/2060		5,791,404
		RFMSI Trust
	3,287,297	Series 2006-S10-1A1		6.00	%	10/25/2036		2,509,307
	1,018,901	Series 2006-S5-A12		6.00	%	06/25/2036		847,586
	69,758	Series 2006-S5-A15		6.00	%	06/25/2036		58,029
	2,111,117	Series 2006-S9-A1		6.25	%	09/25/2036		1,705,274
	2,298,321	Series 2007-S1-A7		6.00	%	01/25/2037		1,827,755
	1,305,187	Series 2007-S2-A1		6.00	%	02/25/2037		971,172
	1,470,437	Series 2007-S2-A4		6.00	%	02/25/2037		1,094,133
	2,745,137	Series 2007-S2-A5		6.00	%	02/25/2037		2,042,621
	1,367,530	Series 2007-S3-1A4		6.00	%	03/25/2037		973,880
	1,300,635	Series 2007-S4-A1		6.00	%	04/25/2037		995,616
	728,394	Series 2007-S4-A2		6.00	%	04/25/2037		557,572
	9,542,092	Series 2007-S5-A1		6.00	%	05/25/2037		7,774,275
	2,765,336	Series 2007-S5-A8		6.00	%	05/25/2037		2,253,524
	1,107,528	Series 2007-S6-2A4		6.00	%	06/25/2037		845,054
	7,386,796	Series 2007-S7-A20		6.00	%	07/25/2037		5,803,280
	3,848,487	Series 2007-S8-1A1		6.00	%	09/25/2037		2,571,931
	165,705	Series 2007-SA1-4A		4.54	%(b)	02/25/2037		147,036
	2,529,480	Series 2007-SA2-2A1		5.44	%(b)	04/25/2037		2,151,429
		Rithm Capital Corp.
	62,504,400	Series 2020-RPL1-M1		3.25	%(a)(b)	11/25/2059		54,602,125
	16,345,550	Series 2020-RPL1-M2		3.50	%(a)(b)	11/25/2059		14,047,778
		Securitized Asset Backed Receivables LLC
	3,410,679	Series 2006-NC3-A2B (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	09/25/2036		1,157,286
	5,091,161	Series 2007-BR3-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	04/25/2037		3,342,049
	4,975,815	Series 2007-BR3-A2B (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.89	%	04/25/2037		3,266,086
	13,773,699	Series 2007-BR4-A2B (1 mo. Term SOFR + 0.51%, 0.40% Floor)		4.85	%	05/25/2037		8,300,585
		Securitized Mortgage Asset Loan Trust
	173,372,804	Series 2015-1-PC		1.49	%(a)(b)	02/25/2054		144,388,789
		Sequoia Mortgage Trust
	38,474	Series 2003-4-2A1 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 11.50% Cap)		5.18	%	07/20/2033		37,771
		SG Mortgage Securities Trust
	2,632,502	Series 2006-FRE1-A1A (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.79	%	02/25/2036		2,557,001
	2,403,515	Series 2006-FRE1-A2C (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.99	%	02/25/2036		1,189,317
		Soundview Home Equity Loan Trust
	11,273,632	Series 2007-NS1-M1 (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.98	%	01/25/2037		10,616,986
	3,071,130	Series 2007-OPT1-2A2 (1 mo. Term SOFR + 0.26%, 0.15% Floor)		4.60	%	06/25/2037		2,026,100
	5,419,221	Series 2007-OPT3-1A1 (1 mo. Term SOFR + 0.28%, 0.17% Floor)		4.62	%	08/25/2037		4,602,070
	17,376,966	Series 2007-OPT4-1A1 (1 mo. Term SOFR + 1.11%, 1.00% Floor)		5.45	%	09/25/2037		12,189,971
	41,283,115	Series 2007-WM1W-2A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		3.91	%	02/25/2037		31,886,570

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Specialty Underwriting & Residential Finance
	3,659,479	Series 2006-BC2-A2B		3.84	%(d)	02/25/2037		1,206,015
	12,350,335	Series 2007-AB1-A2C (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	03/25/2037		6,599,411
		Spruce Hill Mortgage Loan Trust
	7,035,897	Series 2020-SH1-M1		3.22	%(a)(b)	01/28/2050		6,915,784
		Starwood Mortgage Residential Trust
	6,329,000	Series 2021-1-B2		4.52	%(a)(b)	05/25/2065		4,647,875
	5,000,000	Series 2021-2-B1		2.75	%(a)(b)	05/25/2065		3,821,964
	7,110,000	Series 2021-2-B2		3.00	%(a)(b)	05/25/2065		4,731,584
	9,103,000	Series 2021-5-M1		3.25	%(a)(b)	09/25/2066		6,389,136
		Structured Adjustable Rate Mortgage Loan Trust
	1,059,880	Series 2005-22-4A1		5.60	%(b)	12/25/2035		975,721
	7,265,169	Series 2006-1-8A1		5.17	%(b)	02/25/2036		3,781,516
	2,063,300	Series 2006-12-2A1		4.57	%(b)	01/25/2037		1,485,548
	835,239	Series 2006-8-4A4		5.18	%(b)	09/25/2036		740,612
	5,976,762	Series 2007-7-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.05	%	08/25/2037		5,305,372
		Structured Asset Investment Loan Trust
	64,828,970	Series 2006-3-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	06/25/2036		40,006,612
	7,596,011	Series 2006-4-A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.80	%	07/25/2036		4,362,499
	20,800,000	Series 2006-4-A5 (1 mo. Term SOFR + 0.73%, 0.62% Floor)		5.07	%	07/25/2036		7,285,751
		Structured Asset Mortgage Investments, Inc.
	7,781,927	Series 2006-AR3-12A2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 10.50% Cap)		4.85	%	05/25/2036		6,220,387
		Structured Asset Securities Corp.
	491,342	Series 2003-24A-1A3		6.29	%(b)	07/25/2033		476,371
	8,403,579	Series 2005-5-3A1		6.00	%	04/25/2035		4,337,308
	61,002,640	Series 2006-BC4-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	12/25/2036		34,799,505
	7,968,470	Series 2006-BC4-A4 (1 mo. Term SOFR + 0.45%, 0.34% Floor)		4.79	%	12/25/2036		7,724,200
	41,291,672	Series 2007-4-1A3 (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.80	%(a)(f)(g)	03/28/2045		2,145,301
	20,127,500	Series 2007-BC4-M1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	11/25/2037		15,620,407
	12,077,027	Series 2007-MN1A-A4 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%(a)	01/25/2037		7,360,976
	13,658,277	Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%(a)	03/25/2037		11,219,615
		Suntrust Adjustable Rate Mortgage Loan Trust
	3,357,145	Series 2007-2-1A1		6.04	%(b)	04/25/2037		1,245,474
	993,610	Series 2007-3-1A1		6.76	%(b)	06/25/2037		488,457
		Suntrust Alternative Loan Trust
	177,885	Series 2005-1F-2A3		5.75	%	12/25/2035		160,014
	454,774	Series 2006-1F-1A3		6.00	%	04/25/2036		162,733
		Terwin Mortgage Trust
	10,501,459	Series 2006-7-2A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor)		4.99	%(a)	08/25/2037		4,526,247
		Thornburg Mortgage Securities Trust
	90,898	Series 2003-6-A2 (1 mo. Term SOFR + 1.11%, 1.00% Floor, 11.50% Cap)		5.45	%	12/25/2033		86,614
	2,303,692	Series 2004-4-5A		3.03	%(b)	12/25/2044		2,027,159
	4,053,415	Series 2007-1-A1 (12 mo. Term SOFR + 2.02%, 0.11% Floor, 10.75% Cap)		6.23	%	03/25/2037		3,469,922
	1,024,451	Series 2007-1-A2A (12 mo. Term SOFR + 2.02%, 0.11% Floor, 10.75% Cap)		6.23	%	03/25/2037		750,083
		Tricon American Homes Trust
	5,000,000	Series 2019-SFR1-E		3.40	%(a)	03/17/2038		4,864,796
	8,900,000	Series 2020-SFR1-D		2.55	%(a)	07/17/2038		8,531,842
	1,600,000	Series 2020-SFR1-E		3.54	%(a)	07/17/2038		1,554,462
		Tricon Residential Trust
	16,000,000	Series 2021-SFR1-B		2.24	%(a)	07/17/2038		15,355,062
	13,250,000	Series 2021-SFR1-C		2.34	%(a)	07/17/2038		12,706,951
	5,250,000	Series 2021-SFR1-D		2.59	%(a)	07/17/2038		5,024,684
	10,000,000	Series 2021-SFR1-E2		2.89	%(a)	07/17/2038		9,490,357
	11,300,000	Series 2021-SFR1-F		3.69	%(a)	07/17/2038		10,790,753

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Velocity Commercial Capital Loan Trust
	3,350,581	Series 2017-2-AFX		3.07	%(a)(b)	11/25/2047		3,268,754
	6,846,458	Series 2018-2-A		4.05	%(a)(b)	10/26/2048		6,625,644
	18,144,696	Series 2019-1-A		3.76	%(a)(b)	03/25/2049		17,090,984
	2,119,322	Series 2019-1-M4		4.61	%(a)(b)	03/25/2049		1,794,522
	5,881,939	Series 2019-2-A		3.13	%(a)(b)	07/25/2049		5,622,952
	2,210,871	Series 2019-2-M1		3.26	%(a)(b)	07/25/2049		1,996,599
	1,829,505	Series 2020-1-M4		3.54	%(a)(b)	02/25/2050		1,523,875
	50,000,000	Series 2024-6-A		5.81	%(a)(b)	12/25/2054		49,812,260
		Vericrest Opportunity Loan Transferee
	10,474,796	Series 2021-CF1-A1		4.99	%(a)(d)	08/25/2051		10,471,349
	9,810,898	Series 2021-CF2-A1		5.49	%(a)(d)	11/27/2051		9,781,530
	4,151,374	Series 2021-NPL1-A1		4.89	%(a)(d)	02/27/2051		4,151,454
	2,136,605	Series 2021-NPL2-A1		4.89	%(a)(d)	02/27/2051		2,136,647
	21,192,010	Series 2021-NPL3-A1		5.24	%(a)(d)	02/27/2051		21,181,711
	2,687,606	Series 2021-NPL5-A1		5.12	%(a)(d)	03/27/2051		2,688,920
	10,492,881	Series 2021-NPL6-A1		5.24	%(a)(d)	04/25/2051		10,508,418
	1,078,687	Series 2021-NPL9-A1		4.99	%(a)(d)	05/25/2051		1,075,401
		Verus Securitization Trust
	6,100,000	Series 2021-3-M1		2.40	%(a)(b)	06/25/2066		4,427,320
	4,588,000	Series 2021-4-B1		3.05	%(a)(b)	07/25/2066		3,177,617
	2,300,000	Series 2021-4-B2		3.81	%(a)(b)	07/25/2066		1,598,231
	2,500,000	Series 2021-4-M1		2.20	%(a)(b)	07/25/2066		1,720,655
	6,651,000	Series 2021-5-B1		3.04	%(a)(b)	09/25/2066		4,555,502
	9,255,000	Series 2021-5-M1		2.33	%(a)(b)	09/25/2066		6,414,724
		Voyager OPTONE Delaware Trust
	5,741,976	Series 2009-1-SAC3		5.77	%(a)(b)	02/25/2038		4,178,372
		WAMU Asset-Backed Certificates
	7,247,668	Series 2007-HE1-2A2 (1 mo. Term SOFR + 0.33%, 0.33% Floor)		4.67	%	01/25/2037		3,270,752
	12,845,456	Series 2007-HE4-1A (1 mo. Term SOFR + 0.28%, 0.28% Floor)		4.62	%	07/25/2047		9,457,265
		WaMu Mortgage Pass Through Certificates
	4,591,144	Series 2005-AR19-B1 (1 mo. Term SOFR + 1.16%, 1.05% Floor, 10.50% Cap)		5.50	%	12/25/2045		3,917,506
	4,947,635	Series 2006-AR10-1A1		4.86	%(b)	09/25/2036		4,135,642
	4,929,548	Series 2006-AR15-1A (12 Month US Treasury Average + 0.84%, 0.84% Floor)		5.67	%	11/25/2046		4,096,984
	3,100,599	Series 2006-AR5-A12B (12 Month US Treasury Average + 0.98%, 0.98% Floor)		5.81	%	06/25/2046		2,782,894
	419,472	Series 2006-AR6-2A3		4.98	%(b)	08/25/2036		356,963
	4,144,940	Series 2007-HY3-4A1		5.17	%(b)	03/25/2037		3,773,724
	6,701,372	Series 2007-HY5-1A1		4.25	%(b)	05/25/2037		5,742,470
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	3,402,896	Series 2005-1-2A		6.00	%	03/25/2035		2,856,999
	847,670	Series 2005-4-5A1		5.50	%	06/25/2035		706,913
	341,211	Series 2005-5-CB12 (-11 x 1 mo. Term SOFR + 49.34%, 0.00% Floor, 50.60% Cap)		1.61	%(g)	07/25/2035		269,036
	1,104,924	Series 2005-5-CB6 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 7.50% Cap)		5.05	%	07/25/2035		956,706
	268,315	Series 2005-6-2A7		5.50	%	08/25/2035		229,241
	3,091,916	Series 2005-7-2CB6 (1 mo. Term SOFR + 1.56%, 1.45% Floor, 6.00% Cap)		5.90	%	08/25/2035		2,983,122
	281,083	Series 2005-7-2CB7 (-11 x 1 mo. Term SOFR + 48.79%, 0.00% Floor, 50.05% Cap)		1.06	%(g)	08/25/2035		205,345
	2,089,077	Series 2005-7-3CB		6.50	%	08/25/2035		1,722,728
	4,365,317	Series 2005-8-1A2		5.50	%	10/25/2035		3,920,211
	4,577,573	Series 2005-9-2A2		5.50	%	11/25/2035		4,008,333
	987,844	Series 2005-9-CX		5.50	%(f)	11/25/2035		165,583
	4,009,819	Series 2006-1-2CB1		7.00	%	02/25/2036		2,861,908
	1,442,019	Series 2006-1-3A1		5.75	%	02/25/2036		1,315,855
	728,773	Series 2006-1-3A2		5.75	%	02/25/2036		662,460
	619,395	Series 2006-1-3A7		5.75	%	02/25/2036		563,316
	1,834,273	Series 2006-3-3CB4		6.00	%	04/25/2036		1,539,976
	1,006,428	Series 2006-5-1A8		5.75	%	07/25/2036		778,260

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,321,894	Series 2006-5-2CB1		6.00	%	07/25/2036		1,638,375
	4,217,537	Series 2006-5-2CB6		6.00	%	07/25/2036		2,975,979
	12,728,164	Series 2006-5-3A3		6.72	%(d)	07/25/2036		2,892,278
	5,304,136	Series 2006-5-3A5		6.95	%(d)	07/25/2036		1,204,275
	7,451,382	Series 2006-8-A4		4.12	%(d)	10/25/2036		2,528,380
	2,792,996	Series 2006-9-A7		4.20	%(d)	10/25/2036		851,390
	3,518,924	Series 2006-AR10-A1 (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.65	%	12/25/2036		1,693,303
	4,751,668	Series 2006-AR4-2A (12 Month US Treasury Average + 0.95%, 0.95% Floor)		5.78	%	06/25/2046		3,450,947
	4,433,368	Series 2006-AR5-4A (12 Month US Treasury Average + 0.99%, 0.99% Floor)		5.82	%	06/25/2046		3,530,768
	6,633,464	Series 2007-2-1A6		6.00	%	04/25/2037		5,299,217
	2,729,484	Series 2007-3-A3		6.00	%	04/25/2037		2,359,491
	2,105,730	Series 2007-4-1A1		5.50	%	06/25/2037		1,979,231
	150,810	Series 2007-5-A11 (-6 x 1 mo. Term SOFR + 38.79%, 0.00% Floor, 39.48% Cap)		12.76	%(g)	06/25/2037		151,492
	3,770,256	Series 2007-5-A6		6.00	%	06/25/2037		3,346,298
	5,057,927	Series 2007-OC1-A2 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%	01/25/2047		4,413,858
		Washington Mutual Asset-Backed Certificates
	1,051,488	Series 2006-HE2-A4 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.93	%	05/25/2036		816,837
	18,926,185	Series 2007-HE2-2A2 (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.89	%	02/25/2037		5,873,952
		Wells Fargo Alternative Loan Trust
	421,071	Series 2007-PA1-A10		6.00	%	03/25/2037		374,583
	1,848,832	Series 2007-PA1-A3		6.00	%	03/25/2037		1,644,712
	1,594,098	Series 2007-PA1-A5		6.00	%	03/25/2037		1,418,102
	2,612,646	Series 2007-PA1-A6		6.00	%	03/25/2037		2,324,197
	10,657,686	Series 2007-PA2-1A1		6.00	%	06/25/2037		9,386,331
	1,665,950	Series 2007-PA2-3A1 (1 mo. Term SOFR + 0.46%, 0.35% Floor, 7.00% Cap)		4.80	%	06/25/2037		1,160,101
	2,454,203	Series 2007-PA2-3A2 (-1 x 1 mo. Term SOFR + 6.54%, 0.00% Floor, 6.65% Cap)		2.20	%(f)(g)	06/25/2037		170,902
	221,424	Series 2007-PA3-1A4		5.75	%	07/25/2037		186,039
	3,778,134	Series 2007-PA3-2A1		6.00	%	07/25/2037		3,307,205
	1,501,077	Series 2007-PA3-2A4		6.00	%	07/25/2037		1,313,974
	2,588,467	Series 2007-PA3-3A1		6.25	%	07/25/2037		2,188,103
	20,108,869	Series 2007-PA5-1A1		6.25	%	11/25/2037		17,486,238
	3,581,513	Series 2007-PA6-A1		6.58	%(b)	12/28/2037		3,248,411
		Wells Fargo Mortgage Backed Securities Trust
	1,226,775	Series 2006-AR12-1A1		7.60	%(b)	09/25/2036		1,110,875
	550,224	Series 2006-AR13-A2		7.47	%(b)	09/25/2036		530,253
	632,800	Series 2006-AR4-2A1		6.15	%(b)	04/25/2036		612,184
	967,076	Series 2007-7-A1		6.00	%	06/25/2037		878,490
	67,258	Series 2007-7-A32		5.75	%	06/25/2037		60,478
	2,177,783	Series 2007-7-A34		6.00	%	06/25/2037		1,978,294
	589,850	Series 2007-7-A36		6.00	%	06/25/2037		535,801
	200,599	Series 2007-7-A43 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.95	%	06/25/2037		175,851
	548,031	Series 2007-7-A49		6.00	%	06/25/2037		497,830
	232,007	Series 2007-7-A8 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.95	%	06/25/2037		203,385
	104,663	Series 2007-7-A9 (-6 x 1 mo. Term SOFR + 38.31%, 0.00% Floor, 39.00% Cap)		12.28	%(g)	06/25/2037		109,244
	9,613,470	Series 2007-AR9-A1		6.60	%(b)	12/28/2037		8,621,796
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $9,251,909,794)						7,287,586,244

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 52.0%
		Fannie Mae Whole Loan
	4,352,806	Series 2003-W17-1A7		5.75	%	08/25/2033		4,340,320
	1,288,485	Series 2004-W10-A6		5.75	%	08/25/2034		1,313,915
		Federal Home Loan Mortgage Corp.
	1,729,802	Pool C03490		4.50	%	08/01/2040		1,679,922
	10,603,562	Pool C91388		3.50	%	02/01/2032		10,244,910
	5,560,371	Pool C91403		3.50	%	03/01/2032		5,368,944
	5,546,612	Pool C91413		3.50	%	12/01/2031		5,359,995
	2,855,775	Pool C91417		3.50	%	01/01/2032		2,758,654
	11,567,866	Pool C91447		3.50	%	05/01/2032		11,164,850
	4,544,678	Pool C91596		3.00	%	02/01/2033		4,301,085
	2,077,759	Pool D98901		3.50	%	01/01/2032		2,007,494
	4,475,597	Pool D98923		3.50	%	01/01/2032		4,323,449
	5,771,754	Pool D99724		3.00	%	11/01/2032		5,462,383
	5,360,286	Pool G01840		5.00	%	07/01/2035		5,325,437
	1,153,099	Pool G04817		5.00	%	09/01/2038		1,150,973
	4,635,596	Pool G07801		4.00	%	10/01/2044		4,332,274
	9,901,846	Pool G07862		4.00	%	01/01/2044		9,296,874
	11,204,306	Pool G07905		4.00	%	01/01/2042		10,589,476
	22,197,046	Pool G08534		3.00	%	06/01/2043		19,619,907
	7,163,168	Pool G08537		3.00	%	07/01/2043		6,331,494
	13,043,839	Pool G08614		3.00	%	11/01/2044		11,463,789
	15,416,149	Pool G08619		3.00	%	12/01/2044		13,532,735
	19,853,138	Pool G08622		3.00	%	01/01/2045		17,344,359
	16,350,756	Pool G08653		3.00	%	07/01/2045		14,285,244
	9,497,801	Pool G08658		3.00	%	08/01/2045		8,297,971
	10,783,009	Pool G08670		3.00	%	10/01/2045		9,406,257
	125,947,103	Pool G08675		3.00	%	11/01/2045		109,905,880
	52,279,837	Pool G08680		3.00	%	12/01/2045		45,345,593
	21,877,356	Pool G08686		3.00	%	01/01/2046		19,081,543
	48,924,056	Pool G08692		3.00	%	02/01/2046		42,656,446
	15,494,043	Pool G08705		3.00	%	05/01/2046		13,485,044
	17,924,584	Pool G08715		3.00	%	08/01/2046		15,583,688
	936,936	Pool G08800		3.50	%	02/01/2048		842,384
	8,097,648	Pool G16072		3.00	%	02/01/2032		7,748,294
	21,727,514	Pool G60251		3.50	%	10/01/2045		19,570,215
	54,816,725	Pool G60393		3.50	%	01/01/2046		49,466,464
	5,197,442	Pool J22834		2.50	%	03/01/2028		5,058,932
	19,569,045	Pool Q13637		3.00	%	11/01/2042		17,297,622
	19,633,723	Pool Q13638		3.00	%	11/01/2042		17,354,669
	32,567,430	Pool Q16672		3.00	%	03/01/2043		28,786,496
	2,272,683	Pool Q23595		4.00	%	12/01/2043		2,136,651
	2,490,837	Pool Q24052		4.00	%	01/01/2044		2,341,751
	1,972,058	Pool Q24172		4.00	%	01/01/2044		1,854,018
	2,137,362	Pool Q24979		4.00	%	02/01/2044		2,000,363
	8,572,619	Pool Q31596		3.50	%	02/01/2045		7,739,179
	3,746,811	Pool Q32861		3.50	%	04/01/2045		3,373,237
	9,459,241	Pool Q32921		3.50	%	04/01/2045		8,512,175
	10,348,670	Pool Q39502		3.50	%	03/01/2046		9,338,544
	21,604,433	Pool Q44073		3.00	%	09/01/2046		18,776,042
	9,532,901	Pool QE2022		3.00	%	05/01/2052		8,151,457
	14,552,076	Pool QU7965		2.00	%	09/01/2051		11,079,327
	13,116,286	Pool QU7970		2.00	%	09/01/2051		9,988,775
	14,679,540	Pool RA2853		2.50	%	06/01/2050		12,111,485
	46,227,932	Pool RA3515		2.50	%	09/01/2050		37,961,751
	19,375,625	Pool RA4218		2.50	%	12/01/2050		16,033,822
	14,694,194	Pool RA4968		2.50	%	04/01/2046		12,280,117
	54,668,717	Pool RA5267		3.00	%	05/01/2051		46,935,206
	8,135,094	Pool RA7554		4.00	%	06/01/2052		7,456,737
	84,523,390	Pool RA7939		5.00	%	09/01/2052		81,935,350
	68,565,656	Pool RB5089		1.50	%	12/01/2040		54,841,886
	7,347,238	Pool RB5106		2.50	%	03/01/2041		6,300,398
	78,693,825	Pool RB5110		1.50	%	05/01/2041		62,887,882
	16,505,156	Pool RJ1071		6.00	%	03/01/2054		16,786,742
	29,730,396	Pool SD0699		2.00	%	11/01/2050		23,842,385
	41,605,165	Pool SD0715		2.00	%	09/01/2051		33,363,093

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	59,795,902	Pool SD2120		3.00	%	10/01/2051		51,302,014
	35,206,280	Pool SD2386		3.50	%	06/01/2052		31,316,086
	55,527,356	Pool SD2692		4.50	%	04/01/2053		52,361,373
	21,670,560	Pool SD2759		5.50	%	05/01/2053		21,555,434
	26,565,438	Pool SD2839		3.00	%	08/01/2052		22,720,693
	16,159,719	Pool SD2971		2.50	%	03/01/2052		13,385,374
	28,878,653	Pool SD3011		3.00	%	05/01/2052		24,717,559
	13,440,080	Pool SD3033		5.50	%	05/01/2053		13,552,809
	64,604,018	Pool SD3093		2.50	%	03/01/2052		53,502,176
	51,124,712	Pool SD3454		5.50	%	08/01/2053		50,809,333
	20,863,150	Pool SD3530		6.00	%	08/01/2053		21,155,617
	54,965,638	Pool SD4372		6.00	%	11/01/2053		56,296,023
	39,323,919	Pool SD4701		6.00	%	02/01/2054		39,912,964
	12,631,227	Pool SD4756		6.00	%	02/01/2054		12,884,711
	26,862,246	Pool SD4794		6.50	%	01/01/2054		28,121,580
	42,787,413	Pool SD4887		6.00	%	02/01/2054		43,483,812
	24,517,533	Pool SD4888		6.00	%	02/01/2054		24,897,088
	47,497,829	Pool SD4965		5.50	%	02/01/2054		47,537,481
	15,722,410	Pool SD5141		6.00	%	04/01/2054		15,913,959
	16,763,882	Pool SD5366		6.00	%	04/01/2054		17,026,028
	31,418,819	Pool SD5603		5.50	%	06/01/2054		31,425,227
	11,617,199	Pool SD5617		6.00	%	06/01/2054		11,832,499
	53,917,812	Pool SD5814		6.00	%	07/01/2054		54,837,087
	30,554,637	Pool SD5964		5.50	%	11/01/2053		30,485,402
	23,718,122	Pool SD5968		6.00	%	07/01/2054		24,076,064
	52,710,117	Pool SD6053		5.50	%	08/01/2054		52,526,333
	50,456,603	Pool SD6351		6.00	%	08/01/2054		51,677,907
	24,654,393	Pool SD7162		5.50	%	12/01/2054		24,655,603
	180,085,936	Pool SD7534		2.50	%	02/01/2051		149,782,885
	14,892,706	Pool SD7535		2.50	%	02/01/2051		12,368,242
	22,200,752	Pool SD7564		5.00	%	06/01/2053		21,651,953
	20,411,698	Pool SD7565		5.50	%	09/01/2053		20,393,802
	57,808,154	Pool SD7568		5.50	%	02/01/2054		57,680,309
	87,170,539	Pool SD7569		6.00	%	04/01/2054		88,908,891
	77,049,389	Pool SD8152		3.00	%	06/01/2051		66,051,817
	2,918,037	Pool SD8168		3.00	%	09/01/2051		2,496,170
	7,898,992	Pool SD8169		3.50	%	09/01/2051		7,020,256
	38,623,515	Pool SE9043		2.00	%	09/01/2051		29,406,171
	930,097	Pool T60392		4.00	%	10/01/2041		862,485
	1,284,250	Pool T60681		4.00	%	05/01/2042		1,195,729
	5,229,486	Pool T60782		3.50	%	07/01/2042		4,718,970
	5,949,799	Pool T60853		3.50	%	09/01/2042		5,368,985
	5,939,304	Pool T60854		3.50	%	09/01/2042		5,359,539
	981,633	Pool T65110		3.50	%	10/01/2042		885,831
	6,657,309	Pool T65492		3.00	%	06/01/2048		5,640,864
	529,422	Pool T69016		5.00	%	06/01/2041		511,432
	9,792,107	Pool T69050		3.50	%	05/01/2046		8,839,877
	128,883	Pool U60299		4.00	%	11/01/2040		121,844
	134,571,534	Pool U69911		4.00	%	04/01/2045		127,204,663
	42,008,119	Pool U69913		3.50	%	06/01/2043		38,109,649
	1,182,193	Pool U99125		3.00	%	01/01/2043		1,049,490
	45,352,176	Pool V81821		3.00	%	08/01/2045		39,693,705
	12,958,438	Pool V82117		3.00	%	12/01/2045		11,307,990
	6,291,270	Pool V82248		3.50	%	03/01/2046		5,644,202
	10,500,000	Pool WN1221		4.80	%	12/01/2029		10,465,362
	19,180,000	Pool WN1240		4.40	%	12/01/2029		18,749,333
	40,000,000	Pool WN2184		2.50	%	04/01/2032		34,266,950
	23,230,000	Pool WN2311		4.80	%	01/01/2030		23,164,351
	45,015,000	Pool WN2358		4.30	%	01/01/2030		44,048,916
	21,615,000	Pool WN2396		4.79	%	03/01/2030		21,539,842
	15,225,000	Pool WN2423		4.19	%	06/01/2030		14,823,176
	13,881,000	Pool WN2579		4.85	%	03/01/2029		13,799,927
	71,837,921	Pool Z40117		3.00	%	04/01/2045		63,357,162
	63,076,721	Pool Z40206		3.50	%	02/01/2047		56,707,960

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	79,368,895	Pool Z40256		3.00	%	12/01/2046		69,696,782
	20,085,551	Pool Z40264		4.00	%	11/01/2040		18,983,728
	112,842,648	Pool Z40265		3.50	%	08/01/2047		101,088,771
	11,638,168	Pool ZS4706		3.00	%	03/01/2047		10,098,261
	6,030,338	Pool ZS4750		3.00	%	01/01/2048		5,229,776
	10,835,975	Pool ZS4778		4.00	%	07/01/2048		10,052,835
	8,803,271	Pool ZS4790		4.00	%	09/01/2048		8,164,273
	13,280,142	Pool ZT1827		3.00	%	07/01/2047		11,524,868
	291,413	Series 2519-ZD		5.50	%	11/15/2032		293,898
	166,378	Series 2596-ZL		5.00	%	04/15/2033		167,180
	10,431,079	Series 267-30		3.00	%	08/15/2042		9,316,669
	113,890	Series 2684-ZN		4.00	%	10/15/2033		109,192
	7,471,162	Series 274-30		3.00	%	08/15/2042		6,620,220
	678,900	Series 2750-ZT		5.00	%	02/15/2034		682,324
	30,274,726	Series 280-30		3.00	%	09/15/2042		27,223,942
	2,138,314	Series 2825-PZ		5.50	%	07/15/2034		2,188,189
	5,514,730	Series 284-300		3.00	%	10/15/2042		4,991,545
	1,255,197	Series 2898-JZ		5.00	%	12/15/2034		1,261,572
	3,232,289	Series 2899-AZ		5.00	%	12/15/2034		3,248,193
	1,701,925	Series 2909-Z		5.00	%	12/15/2034		1,710,734
	3,600,941	Series 2932-Z		5.00	%	02/15/2035		3,624,006
	1,327,547	Series 3002-SN (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap)		1.79	%(f)(g)	07/15/2035		93,413
	843,317	Series 3030-SL (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.39	%(f)(g)	09/15/2035		57,108
	296,435	Series 3045-DI (-1 x 30 day avg SOFR US + 6.62%, 0.00% Floor, 6.73% Cap)		2.02	%(f)(g)	10/15/2035		24,380
	2,255,696	Series 3116-Z		5.50	%	02/15/2036		2,307,884
	356,055	Series 3117-ZN		4.50	%	02/15/2036		340,846
	1,106,219	Series 3174-PZ		5.00	%	01/15/2036		1,113,503
	279,527	Series 3187-JZ		5.00	%	07/15/2036		281,367
	795,343	Series 3188-ZK		5.00	%	07/15/2036		800,427
	1,192,381	Series 3203-SE (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap)		1.79	%(f)(g)	08/15/2036		99,420
	1,616,122	Series 3203-Z		5.00	%	07/15/2036		1,619,787
	4,540,124	Series 326-300Pool S0-7094		3.00	%	03/15/2044		4,050,529
	1,617,709	Series 3261-SA (-1 x 30 day avg SOFR US + 6.32%, 0.00% Floor, 6.43% Cap)		1.72	%(f)(g)	01/15/2037		138,056
	1,290,504	Series 3275-SC (-1 x 30 day avg SOFR US + 5.97%, 0.00% Floor, 6.08% Cap)		1.37	%(f)(g)	02/15/2037		99,082
	342,989	Series 3315-HZ		6.00	%	05/15/2037		354,318
	1,091,569	Series 3326-GS (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap)		1.94	%(f)(g)	06/15/2037		88,882
	291,799	Series 3351-ZC		5.50	%	07/15/2037		294,719
	3,755,522	Series 3355-BI (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.34	%(f)(g)	08/15/2037		295,156
	181,487	Series 3369-Z		6.00	%	09/15/2037		184,796
	500,189	Series 3405-ZG		5.50	%	01/15/2038		512,397
	174,884	Series 3417-SI (-1 x 30 day avg SOFR US + 6.07%, 0.00% Floor, 6.18% Cap)		1.47	%(f)(g)	02/15/2038		11,744
	645,777	Series 3423-GS (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		0.94	%(f)(g)	03/15/2038		37,196
	106,043	Series 3423-SG (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		0.94	%(f)(g)	03/15/2038		5,979
	146,179	Series 3451-S (-1 x 30 day avg SOFR US + 5.92%, 0.00% Floor, 6.03% Cap)		1.32	%(f)(g)	02/15/2037		7,837
	143,793	Series 3455-SC (-1 x 30 day avg SOFR US + 5.95%, 0.00% Floor, 6.06% Cap)		1.35	%(f)(g)	06/15/2038		8,928
	63,253	Series 3473-SM (-1 x 30 day avg SOFR US + 5.96%, 0.00% Floor, 6.07% Cap)		1.36	%(f)(g)	07/15/2038		4,319
	1,312,175	Series 3484-SE (-1 x 30 day avg SOFR US + 5.74%, 0.00% Floor, 5.85% Cap)		1.14	%(f)(g)	08/15/2038		78,246
	1,858,787	Series 3519-SD (-1 x 30 day avg SOFR US + 5.44%, 0.00% Floor, 5.55% Cap)		0.84	%(f)(g)	02/15/2038		107,504
	585,338	Series 3524-LB		3.15	%(b)	06/15/2038		542,507

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	61,913	Series 3530-GZ		4.50	%(h)	05/15/2039		58,667
	1,598,821	Series 3541-EI (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.04	%(f)(g)	06/15/2039		161,659
	120,277	Series 3545-SA (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.44	%(f)(g)	06/15/2039		8,735
	50,035	Series 3549-SA (-1 x 30 day avg SOFR US + 5.69%, 0.00% Floor, 5.80% Cap)		1.09	%(f)(g)	07/15/2039		3,513
	31,226,283	Series 357-200Pool S0-7745		2.00	%	09/15/2047		26,154,954
	2,049,889	Series 3577-LS (-1 x 30 day avg SOFR US + 7.09%, 0.00% Floor, 7.20% Cap)		2.49	%(f)(g)	08/15/2035		220,386
	773,979	Series 3582-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.29	%(f)(g)	10/15/2049		58,913
	648,070	Series 3583-GB		4.50	%	10/15/2039		638,439
	976,197	Series 3616-SG (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.64	%(f)(g)	03/15/2032		38,538
	1,914,870	Series 3626-AZ		5.50	%	08/15/2036		1,964,097
	2,482,118	Series 3654-ZB		5.50	%	11/15/2037		2,544,425
	264,357	Series 3667-SBPool 3667 (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		1.74	%(f)(g)	05/15/2040		18,381
	2,056,463	Series 3702-SG (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.34	%(f)(g)	08/15/2032		99,293
	1,387,293	Series 3704-EI		5.00	%(f)	12/15/2036		160,021
	1,082,949	Series 3712-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap)		1.02	%(g)	08/15/2040		1,106,261
	1,599,504	Series 3724-CM		5.50	%	06/15/2037		1,642,092
	5,137,091	Series 3726-SA (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.34	%(f)(g)	09/15/2040		439,557
	186,682	Series 3741-SC (-2 x 30 day avg SOFR US + 9.77%, 0.00% Floor, 10.00% Cap)		0.58	%(g)	10/15/2040		125,590
	4,674,509	Series 3752-BS (-2 x 30 day avg SOFR US + 9.77%, 0.00% Floor, 10.00% Cap)		0.41	%(g)	11/15/2040		3,414,744
	1,331,645	Series 3771-AL		4.00	%	12/15/2030		1,316,298
	3,348,322	Series 3779-BY		3.50	%	12/15/2030		3,264,383
	3,912,348	Series 3779-LB		4.00	%	12/15/2030		3,867,248
	905,907	Series 3779-YA		3.50	%	12/15/2030		883,196
	3,241,383	Series 3783-AC		4.00	%	01/15/2031		3,204,025
	2,984,617	Series 3786-SG (-2 x 30 day avg SOFR US + 9.27%, 0.00% Floor, 9.50% Cap)		0.08	%(g)	01/15/2041		2,033,985
	2,759,286	Series 3788-AY		3.50	%	01/15/2031		2,678,005
	449,917	Series 3790-Z		4.00	%	01/15/2041		422,414
	1,284,535	Series 3803-ZM		4.00	%	02/15/2041		1,206,256
	12,173,888	Series 3806-CZ		5.50	%	07/15/2034		12,449,754
	3,262,742	Series 3812-EY		3.50	%	02/15/2031		3,166,063
	1,339,608	Series 3818-CZ		4.50	%	03/15/2041		1,292,108
	3,350,433	Series 3828-SW (-3 x 30 day avg SOFR US + 12.86%, 0.00% Floor, 13.20% Cap)		0.00	%(g)	02/15/2041		2,435,451
	6,389,571	Series 3843-PZ		5.00	%	04/15/2041		6,356,159
	3,130,684	Series 3870-PB		4.50	%	06/15/2041		3,072,690
	4,268,254	Series 3872-BA		4.00	%	06/15/2041		4,100,114
	2,207,578	Series 3877-EY		4.50	%	06/15/2041		2,117,673
	824,636	Series 3877-GY		4.50	%	06/15/2041		790,800
	1,840,270	Series 3900-SB (-1 x 30 day avg SOFR US + 5.86%, 0.00% Floor, 5.97% Cap)		1.26	%(f)(g)	07/15/2041		135,499
	1,784,943	Series 3910-ZE		5.00	%	10/15/2034		1,793,954
	2,954,700	Series 3919-KL		4.50	%	09/15/2041		2,831,320
	9,773,398	Series 3919-ZJ		4.00	%	09/15/2041		9,177,832
	557,556	Series 3942-JZ		4.00	%	10/15/2041		522,397
	3,449,609	Series 3944-AZ		4.00	%	10/15/2041		3,233,736
	1,454,946	Series 3946-SM (-3 x 30 day avg SOFR US + 14.36%, 0.00% Floor, 14.70% Cap)		0.56	%(g)	10/15/2041		1,029,515
	7,865,600	Series 3969-AB		4.00	%	10/15/2033		7,655,576
	1,460,137	Series 3982-AZ		3.50	%	01/15/2042		1,330,009
	2,596,127	Series 3999-EZ		4.00	%	02/15/2042		2,430,497
	270,053	Series 4050-ND		2.50	%	09/15/2041		264,958
	36,448,290	Series 4109-GE		4.50	%	10/15/2041		35,198,209

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	3,360,852	Series 4121-AV		3.00	%	12/15/2035		3,268,148
	9,941,062	Series 4183-ZB		3.00	%(h)	03/15/2043		7,658,940
	3,540,867	Series 4186-ZJ		3.00	%(h)	03/15/2033		3,246,506
	40,143,373	Series 4212-US (-1 x 30 day avg SOFR US + 5.26%, 0.00% Floor, 5.40% Cap)		0.00	%(g)	06/15/2043		24,657,597
	19,309,604	Series 4223-US (-1 x 30 day avg SOFR US + 5.29%, 0.00% Floor, 5.43% Cap)		0.00	%(g)	07/15/2043		11,742,827
	8,852,526	Series 4249-CS (-1 x 30 day avg SOFR US + 4.56%, 0.00% Floor, 4.65% Cap)		1.05	%(g)	09/15/2043		6,248,643
	7,795,557	Series 4341-ZA		3.00	%	05/15/2044		6,921,758
	18,399,120	Series 4376-GZ		3.00	%(h)	08/15/2044		15,892,012
	58,495,251	Series 4377-LZ		3.00	%(h)	08/15/2044		50,874,688
	1,265,941	Series 4379-KA		3.00	%	08/15/2044		1,167,721
	31,974,475	Series 4384-ZY		3.00	%(h)	09/15/2044		27,955,830
	162,052,283	Series 4390-NZ		3.00	%(h)	09/15/2044		140,772,663
	5,787,787	Series 4427-PS (-1 x 30 day avg SOFR US + 5.49%, 0.00% Floor, 5.60% Cap)		0.89	%(f)(g)	07/15/2044		285,057
	737,181	Series 4438-B		3.00	%	10/15/2043		714,221
	11,546,635	Series 4441-VZ		3.00	%(h)	02/15/2045		9,662,753
	7,085,330	Series 4471-BA		3.00	%	12/15/2041		6,975,199
	6,161,088	Series 4471-BC		3.00	%	12/15/2041		6,065,322
	4,765,631	Series 4500-GO		0.00	%(k)	08/15/2045		3,681,516
	8,772,937	Series 4504-CA		3.00	%	04/15/2044		8,372,643
	27,791,617	Series 4543-HG		2.70	%	04/15/2044		26,266,544
	12,875,688	Series 4632-MH		4.00	%	11/15/2056		11,751,363
	5,105,744	Series 4744-JA		3.00	%	09/15/2047		4,573,113
	4,749,958	Series 4744-KA		3.00	%	08/15/2046		4,546,741
	10,285,122	Series 4746-ZN		3.50	%	12/15/2047		9,257,416
	21,534,000	Series 4759-NL		3.00	%	02/15/2048		18,036,753
	7,408,175	Series 4776-YP		3.50	%	02/15/2048		6,550,177
	24,711,520	Series 4778-DZ		4.00	%	04/15/2048		22,845,346
	5,080,911	Series 4791-IO		3.00	%(f)	05/15/2048		751,692
	26,188,988	Series 4791-JT		3.00	%	05/15/2048		22,748,420
	4,143,034	Series 4791-LI		3.00	%(f)	05/15/2048		659,924
	4,143,034	Series 4791-LO		0.00	%(k)	05/15/2048		3,029,909
	16,390,034	Series 4791-PO		0.00	%(k)	05/15/2048		12,467,932
	11,128,232	Series 4792-A		3.00	%	05/15/2048		9,665,067
	7,169,308	Series 4793-C		3.00	%	06/15/2048		6,282,323
	6,777,297	Series 4795-AO		0.00	%(k)	05/15/2048		4,968,690
	5,808,146	Series 4801-OG		0.00	%(k)	06/15/2048		4,477,015
	22,844,612	Series 4857-J		3.40	%	01/15/2049		20,961,759
	9,660,556	Series 4901-BD		3.00	%	07/25/2049		8,876,539
	18,608,565	Series 4924-ST (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	08/25/2048		1,642,139
	10,467,085	Series 5004-LS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.47	%(f)(g)	07/25/2050		1,240,081
	36,612,658	Series 5007-IP		3.00	%(f)	07/25/2050		5,815,672
	16,172,083	Series 5010-KI		3.00	%(f)	09/25/2050		2,892,053
	11,838,645	Series 5023-YI		3.00	%(f)	10/25/2050		1,999,954
	55,537,460	Series 5040-GI		2.00	%(f)	11/25/2050		6,553,420
	30,428,322	Series 5050-BN		3.00	%	11/25/2050		25,742,360
	29,679,295	Series 5053-AI		3.00	%(f)	11/25/2050		5,498,941
	9,893,098	Series 5053-PI		3.00	%(f)	11/25/2050		1,573,043
	21,063,594	Series 5059-HI		3.00	%(f)	09/25/2050		3,323,070
	24,003,480	Series 5059-ID		3.00	%(f)	01/25/2051		3,840,521
	11,516,111	Series 5060-LT		2.00	%	05/25/2050		9,094,617
	5,770,889	Series 5062-PA		1.25	%	01/25/2051		4,208,561
	13,933,707	Series 5071-FP (30 day avg SOFR US + 0.70%, 0.70% Floor, 4.00% Cap)		4.00	%	02/25/2051		10,865,121
	28,297,863	Series 5077-CI		3.50	%(f)	02/25/2051		4,882,256
	11,918,479	Series 5081-MI		2.50	%(f)	03/25/2051		1,720,612
	37,419,774	Series 5083-IH		2.50	%(f)	03/25/2051		5,674,290
	10,870,593	Series 5086-IB		3.00	%(f)	03/25/2051		1,686,564
	13,853,578	Series 5086-IK		3.00	%(f)	03/25/2051		2,355,804

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	7,298,601	Series 5112-SC (-1 x 30 day avg SOFR US + 2.50%, 0.00% Floor, 2.50% Cap)		0.00	%(f)(g)	06/25/2051		17,782
	16,256,549	Series 5117-D		2.00	%	06/25/2051		14,054,393
	17,190,072	Series 5118-PI		3.00	%(f)	03/25/2051		2,802,974
	100,761,100	Series 5129-GI		3.00	%(f)	08/25/2050		17,348,411
	63,367,520	Series 5130-IO		3.50	%(f)	08/25/2051		13,248,330
	31,648,208	Series 5140-AI		3.50	%(f)	09/25/2051		6,092,805
	10,846,839	Series 5140-B		2.00	%	05/25/2040		9,381,838
	32,930,532	Series 5140-HI		2.00	%(f)	08/25/2046		2,879,910
	24,432,762	Series 5142-IP		3.00	%(f)	09/25/2051		4,145,653
	36,293,008	Series 5145-SB (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%(f)(g)	09/25/2051		135,830
	15,876,102	Series 5149-CI		3.00	%(f)	12/25/2043		2,101,361
	20,660,398	Series 5150-AB		2.00	%	04/25/2049		16,605,526
	40,714,776	Series 5157-EI		3.00	%(f)	10/25/2051		5,018,092
	13,636,039	Series 5157-P		1.50	%	10/25/2051		10,664,220
	9,390,645	Series 5159-CD		1.50	%	07/25/2041		8,010,247
	16,585,273	Series 5159-DI		3.00	%(f)	04/25/2048		2,497,439
	29,402,023	Series 5159-UI		3.50	%(f)	08/25/2050		5,632,619
	41,954,734	Series 5160-S (-1 x 30 day avg SOFR US + 3.74%, 0.00% Floor, 3.74% Cap)		0.00	%(f)(g)	08/25/2050		643,376
	19,202,446	Series 5160-ZY		3.00	%(h)	10/25/2050		13,055,388
	28,495,419	Series 5171-GI		3.00	%(f)	12/25/2051		4,806,000
	28,749,585	Series 5176-D		2.50	%	01/25/2051		23,762,889
	24,779,891	Series 5181-IL		3.00	%(f)	01/25/2052		4,122,816
	15,523,818	Series 5187-LA		2.50	%	10/25/2049		13,441,331
	20,222,381	Series 5196-PE		2.00	%	02/25/2052		17,285,159
	21,845,809	Series 5202-DB		3.00	%	05/25/2048		19,263,984
	18,103,554	Series 5202-HA		2.50	%	09/25/2048		15,715,730
	58,808,116	Series 5209-IO		3.00	%(f)	10/25/2051		9,792,592
	25,032,250	Series 5236-YI		2.50	%(f)	06/25/2049		2,973,323
	69,808,909	Series 5279-IO		3.00	%(f)	03/25/2051		11,558,219
	17,836,231	Series 5319-PO		0.00	%(k)	08/25/2050		11,917,278
	76,271,309	Series 5321-PO		0.00	%(k)	08/25/2050		52,522,795
	13,309,917	Series 5326-KO		0.00	%(k)	09/25/2050		9,057,470
	34,981,484	Series 5326-MO		0.00	%(k)	09/25/2050		23,503,521
	16,404,219	Series 5326-OP		0.00	%(k)	09/25/2050		11,173,801
	28,352,938	Series 5326-UO		0.00	%(k)	10/25/2050		18,809,515
	25,492,036	Series 5334-PO		0.00	%(k)	12/25/2050		18,069,239
	12,867,046	Series 5352-LO		0.00	%(k)	10/15/2046		9,529,463
	19,857,506	Series 5365-PO		0.00	%(k)	02/25/2037		15,783,524
	20,018,276	Series 5377-IO		2.50	%(f)	12/25/2051		2,538,778
	26,209,718	Series 5385-ZA		2.00	%(h)	01/25/2051		12,443,106
	21,412,004	Series 5400-FB (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.67	%	04/25/2054		21,444,173
	42,679,916	Series 5430-FD (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.67	%	07/25/2054		42,735,062
	29,437,742	Series 5439-FJ (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.67	%	08/25/2054		29,465,504
	50,379,466	Series 5452-DF (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.82	%	09/25/2054		50,436,379
	37,823,937	Series 5469-F (30 day avg SOFR US + 1.10%, 1.10% Floor, 6.50% Cap)		5.67	%	09/25/2054		37,604,210
	48,144,516	Series 5470-FH (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.77	%	11/25/2054		48,044,385
	41,547,312	Series 5471-FM (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.97	%	11/25/2054		41,850,417
	44,258,100	Series 5473-FP (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap)		5.87	%	11/25/2054		44,398,132
	47,480,817	Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.92	%	02/25/2054		47,570,202
	80,549,981	Series 5478-FE (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		6.02	%	02/25/2054		80,667,693
	29,114,451	Series 5479-FB (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.97	%	12/25/2054		29,110,502

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	37,476,925	Series 5481-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		6.07	%	12/25/2054		37,902,307
		Federal National Mortgage Association
	54,180,005	Pool 310227		4.00	%	01/01/2044		51,150,325
	61,778,289	Pool 310233		3.50	%	03/01/2044		55,979,121
	15,904,637	Pool 387898		3.71	%	08/01/2030		15,016,777
	2,512,665	Pool 555743		5.00	%	09/01/2033		2,499,864
	1,916,091	Pool 735382		5.00	%	04/01/2035		1,900,895
	3,269,851	Pool 735402		5.00	%	04/01/2035		3,243,833
	2,136,097	Pool 735484		5.00	%	05/01/2035		2,119,045
	895,546	Pool 735667		5.00	%	07/01/2035		888,585
	734,901	Pool 735893		5.00	%	10/01/2035		729,409
	1,818,042	Pool 745275		5.00	%	02/01/2036		1,805,199
	75,903	Pool 888695		5.00	%	08/01/2037		75,600
	489,742	Pool 888968		5.00	%	08/01/2035		485,833
	3,620,538	Pool 890549		4.00	%	11/01/2043		3,399,334
	4,642,418	Pool 890565		3.00	%	11/01/2043		4,098,751
	264,885	Pool 931104		5.00	%	05/01/2039		263,799
	55,051	Pool 975116		5.00	%	05/01/2038		54,877
	742,351	Pool 986864		6.50	%	08/01/2038		783,354
	453,459	Pool 987316		6.50	%	09/01/2038		472,992
	3,485,191	Pool 995203		5.00	%	07/01/2035		3,458,097
	5,836,819	Pool 995849		5.00	%	08/01/2036		5,791,441
	4,349,134	Pool AB2123		4.00	%	01/01/2031		4,270,411
	91,347	Pool AB2370		4.50	%	09/01/2035		90,289
	276,687	Pool AB3713		4.00	%	10/01/2031		269,772
	2,424,896	Pool AB3796		3.50	%	11/01/2031		2,342,698
	664,372	Pool AB3850		4.00	%	11/01/2041		615,353
	513,577	Pool AB3923		4.00	%	11/01/2041		475,670
	8,603,381	Pool AB4167		3.50	%	01/01/2032		8,297,323
	6,903,749	Pool AB4261		3.50	%	01/01/2032		6,655,529
	1,289,380	Pool AB5084		3.50	%	05/01/2032		1,243,265
	3,111,861	Pool AB5156		3.50	%	05/01/2032		2,996,436
	4,573,369	Pool AB5212		3.50	%	05/01/2032		4,409,134
	2,562,667	Pool AB5243		4.00	%	05/01/2042		2,373,323
	6,376,705	Pool AB5911		3.00	%	08/01/2032		6,047,056
	2,740,361	Pool AB6280		3.00	%	09/01/2042		2,434,688
	3,345,710	Pool AB6349		3.00	%	10/01/2032		3,165,664
	9,348,614	Pool AB6750		3.00	%	10/01/2032		8,840,059
	4,883,456	Pool AB6751		3.00	%	10/01/2032		4,616,236
	28,251,550	Pool AB6854		3.00	%	11/01/2042		24,939,193
	21,664,844	Pool AB7077		3.00	%	11/01/2042		19,124,947
	9,374,134	Pool AB7776		3.00	%	02/01/2043		8,310,845
	9,904,798	Pool AB7877		3.00	%	02/01/2043		8,781,321
	4,224,443	Pool AB8418		3.00	%	02/01/2033		3,986,815
	6,755,439	Pool AB8520		3.00	%	02/01/2033		6,372,774
	8,771,829	Pool AB8703		3.00	%	03/01/2038		7,840,642
	3,128,815	Pool AB8858		3.00	%	04/01/2033		2,954,109
	7,383,730	Pool AB9020		3.00	%	04/01/2038		6,598,833
	5,259,321	Pool AB9197		3.00	%	05/01/2033		4,951,908
	3,055,834	Pool AB9409		3.00	%	05/01/2033		2,878,400
	87,666	Pool AD2177		4.50	%	06/01/2030		86,588
	261,770	Pool AD6438		5.00	%	06/01/2040		260,940
	158,445	Pool AD7859		5.00	%	06/01/2040		157,943
	2,249,846	Pool AH0607		4.00	%	12/01/2040		2,123,577
	118,429	Pool AH1140		4.50	%	12/01/2040		112,186
	1,598,223	Pool AH4437		4.00	%	01/01/2041		1,480,325
	482,966	Pool AH7309		4.00	%	02/01/2031		472,715
	279,449	Pool AH9323		4.00	%	04/01/2026		277,535
	749,788	Pool AJ1265		4.00	%	09/01/2041		704,186
	51,719	Pool AJ1399		4.00	%	09/01/2041		47,900
	1,427,474	Pool AJ1467		4.00	%	10/01/2041		1,322,153
	1,462,407	Pool AJ3392		4.00	%	10/01/2041		1,354,489
	1,035,989	Pool AJ3854		4.00	%	10/01/2041		959,527

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	4,743,001	Pool AJ4118		4.00	%	11/01/2041		4,393,099
	1,244,772	Pool AJ4131		4.00	%	10/01/2041		1,152,914
	1,721,602	Pool AJ7677		3.50	%	12/01/2041		1,551,776
	941,178	Pool AJ8334		4.00	%	12/01/2041		871,651
	6,534,056	Pool AK0713		3.50	%	01/01/2032		6,318,064
	1,140,265	Pool AK4039		4.00	%	02/01/2042		1,056,098
	2,361,770	Pool AK4763		4.00	%	02/01/2042		2,187,537
	1,058,791	Pool AK9438		4.00	%	03/01/2042		980,661
	1,624,740	Pool AK9439		4.00	%	03/01/2042		1,504,860
	450,080	Pool AK9446		4.50	%	03/01/2042		434,446
	22,377,886	Pool AL3883		3.00	%	07/01/2043		19,839,767
	134,866	Pool AL4292		4.50	%	04/01/2026		134,356
	3,502,190	Pool AL4312		4.00	%	10/01/2043		3,288,165
	8,386,696	Pool AL6075		3.50	%	09/01/2053		7,341,947
	15,547,701	Pool AL6076		3.00	%	06/01/2053		13,257,520
	20,637,228	Pool AL6141		4.00	%	04/01/2042		19,442,611
	19,605,531	Pool AL6325		3.00	%	10/01/2044		17,309,009
	5,953,826	Pool AL6486		4.50	%	02/01/2045		5,722,919
	18,361,774	Pool AL6538		4.50	%	06/01/2044		17,809,061
	18,936,345	Pool AL8304		3.50	%	03/01/2046		17,003,462
	9,474,413	Pool AL9220		3.00	%	06/01/2045		8,364,685
	12,011,543	Pool AL9445		3.00	%	07/01/2031		11,561,314
	23,897,375	Pool AM8510		3.15	%	05/01/2035		20,790,444
	26,314,229	Pool AM8950		3.14	%	06/01/2040		22,910,238
	4,232,045	Pool AN5480		3.43	%	06/01/2037		3,863,562
	217,500,000	Pool AN6680		3.37	%	11/01/2047		168,572,061
	10,012,335	Pool AN7452		3.12	%	11/01/2032		8,941,830
	20,461,560	Pool AN8121		3.16	%	01/01/2035		17,777,254
	3,724,800	Pool AN9452		3.75	%	06/01/2030		3,472,057
	3,513,192	Pool AO2980		4.00	%	05/01/2042		3,253,917
	12,180,798	Pool AP4787		3.50	%	09/01/2042		10,983,168
	9,576,336	Pool AP4789		3.50	%	09/01/2042		8,631,422
	5,499,284	Pool AQ5541		3.00	%	12/01/2042		4,854,290
	5,410,947	Pool AR9856		3.00	%	04/01/2043		4,776,541
	4,987,634	Pool AS1927		4.50	%	03/01/2044		4,794,165
	6,292,359	Pool AS2038		4.50	%	03/01/2044		6,048,291
	3,233,911	Pool AS2517		4.50	%	05/01/2044		3,108,459
	1,627,048	Pool AS2551		4.50	%	06/01/2044		1,564,250
	1,715,326	Pool AS2765		4.50	%	07/01/2044		1,649,098
	7,837,855	Pool AS3201		3.00	%	08/01/2034		7,319,569
	3,568,541	Pool AS3456		3.00	%	10/01/2034		3,326,126
	7,249,673	Pool AS3666		3.00	%	10/01/2034		6,773,434
	26,297,584	Pool AS3961		3.00	%	12/01/2044		23,045,100
	10,521,478	Pool AS4154		3.00	%	12/01/2044		9,203,927
	6,081,233	Pool AS4212		3.00	%	01/01/2035		5,682,240
	8,959,184	Pool AS4281		3.00	%	01/01/2035		8,339,845
	7,773,936	Pool AS4345		3.50	%	01/01/2045		7,043,163
	8,869,683	Pool AS4360		3.00	%	01/01/2035		8,268,715
	9,237,105	Pool AS4779		3.00	%	04/01/2035		8,551,212
	7,495,920	Pool AS4780		3.00	%	04/01/2035		6,943,017
	9,620,714	Pool AS4840		3.00	%	04/01/2035		8,954,721
	6,629,001	Pool AS4881		3.00	%	05/01/2035		6,136,939
	12,410,880	Pool AS7473		3.00	%	07/01/2046		10,612,700
	24,678,485	Pool AS7661		3.00	%	08/01/2046		21,102,697
	16,747,804	Pool AS8056		3.00	%	10/01/2046		14,535,985
	23,407,228	Pool AS8111		3.00	%	10/01/2041		20,622,832
	14,534,552	Pool AS8269		3.00	%	11/01/2046		12,644,980
	12,738,714	Pool AS8306		3.00	%	11/01/2041		11,247,061
	15,023,435	Pool AS8356		3.00	%	11/01/2046		12,846,643
	12,137,926	Pool AX9696		3.00	%	07/01/2045		10,379,644
	14,692,674	Pool AY3974		3.00	%	03/01/2045		12,829,934
	5,670,014	Pool AY4295		3.00	%	02/01/2045		4,855,669
	401,878	Pool AY4296		3.00	%	01/01/2045		343,648
	2,636,815	Pool AY5471		3.00	%	03/01/2045		2,254,791

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	4,662,105	Pool AZ0576		3.50	%	04/01/2042		4,231,171
	7,347,333	Pool BC0785		3.50	%	04/01/2046		6,597,193
	13,989,430	Pool BC9003		3.00	%	11/01/2046		12,141,935
	7,321,369	Pool BC9081		3.00	%	12/01/2046		6,354,498
	68,645,376	Pool BF0314		3.00	%	01/01/2053		58,989,444
	58,580,492	Pool BF0353		3.00	%	05/01/2053		50,339,501
	30,087,260	Pool BF0391		3.00	%	09/01/2053		25,854,821
	19,841,529	Pool BK8257		1.50	%	12/01/2050		14,311,549
	16,182,768	Pool BK8267		2.50	%	12/01/2050		13,426,857
	9,000,000	Pool BL0357		3.89	%	10/01/2038		7,850,856
	43,638,432	Pool BL0870		4.28	%	12/01/2048		38,264,764
	4,953,647	Pool BL2303		3.36	%	05/01/2031		4,582,726
	8,860,000	Pool BL4038		2.98	%	09/01/2034		7,563,651
	8,190,000	Pool BL5840		2.73	%	02/01/2035		6,667,593
	6,304,101	Pool BL6639		2.66	%	05/01/2050		4,767,042
	16,339,855	Pool BL6689		2.19	%	05/01/2032		13,796,674
	36,488,000	Pool BL7110		1.76	%	07/01/2035		27,746,423
	3,568,101	Pool BL7331		2.23	%	07/01/2040		2,462,456
	20,400,000	Pool BL7424		1.65	%	08/01/2035		15,097,074
	40,000,000	Pool BL8165		1.35	%	09/01/2032		31,585,226
	31,835,181	Pool BL8269		1.51	%	09/01/2035		23,734,856
	17,000,000	Pool BL8977		1.20	%	11/01/2030		13,885,245
	10,565,552	Pool BL9284		2.23	%	12/01/2050		7,282,180
	53,000,000	Pool BL9576		2.24	%	12/01/2050		35,361,207
	16,414,187	Pool BM5299		3.00	%	12/01/2046		14,246,423
	25,448,128	Pool BM5633		3.00	%	07/01/2047		22,087,056
	3,812,754	Pool BM5834		3.00	%	04/01/2048		3,260,226
	45,566,219	Pool BM6779		2.00	%	08/01/2051		34,705,926
	156,440,019	Pool BM6831		1.92	%(b)	10/01/2033		124,386,115
	76,975,348	Pool BM6857		1.83	%(b)	12/01/2031		63,877,321
	19,813,800	Pool BM7154 (30 day avg SOFR US + 2.29%, 2.29% Floor, 9.72% Cap)		4.73	%	03/01/2053		19,379,713
	25,871,152	Pool BM7164 (30 day avg SOFR US + 2.28%, 2.28% Floor, 9.55% Cap)		4.55	%	03/01/2053		25,177,139
	7,987,714	Pool BQ6432		2.00	%	08/01/2051		6,083,980
	15,821,728	Pool BQ6564		2.00	%	09/01/2051		12,050,749
	29,913,925	Pool BR2290 (30 day avg SOFR US + 2.12%, 2.12% Floor, 7.02% Cap)		2.02	%	08/01/2051		26,566,351
	5,592,000	Pool BS2500		1.81	%	06/01/2030		4,805,645
	3,000,000	Pool BS2580		2.15	%	08/01/2033		2,429,816
	9,975,000	Pool BS2834		2.24	%	08/01/2041		6,727,327
	34,043,000	Pool BS3101		1.91	%	09/01/2033		27,184,672
	2,595,000	Pool BS3163		1.75	%	08/01/2030		2,216,626
	19,880,000	Pool BS3192		2.03	%	09/01/2036		14,608,328
	16,125,000	Pool BS3314		1.83	%	10/01/2033		12,828,984
	25,042,000	Pool BS3426		1.76	%	11/01/2031		20,482,495
	12,048,000	Pool BS3431		1.83	%	11/01/2033		9,518,179
	6,536,000	Pool BS3434		1.83	%	11/01/2033		5,163,581
	32,694,000	Pool BS3442		2.12	%	10/01/2036		24,461,254
	7,339,000	Pool BS3955		2.30	%	12/01/2036		5,568,048
	21,200,000	Pool BS4110		2.13	%	01/01/2034		17,181,066
	48,972,000	Pool BS4111		1.98	%	01/01/2032		40,897,152
	46,000,000	Pool BS4125		2.32	%	12/01/2031		39,399,428
	20,654,180	Pool BS4177		1.94	%	12/01/2031		17,387,048
	12,500,000	Pool BS4213		2.46	%	12/01/2036		9,838,010
	18,199,000	Pool BS4225		2.36	%	01/01/2037		14,010,668
	20,000,000	Pool BS4273		1.93	%	12/01/2031		16,809,609
	33,675,000	Pool BS4276		2.03	%	01/01/2032		28,325,996
	51,025,000	Pool BS4306		1.92	%	01/01/2032		42,017,972
	26,987,667	Pool BS4319		2.35	%	01/01/2039		20,242,335
	19,170,000	Pool BS4330		1.92	%	01/01/2034		15,118,027
	30,761,000	Pool BS4333		1.89	%	01/01/2032		25,471,977
	12,000,000	Pool BS4334		2.01	%	01/01/2034		9,464,111
	17,899,975	Pool BS4359		1.99	%	01/01/2032		15,132,345

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	53,950,000	Pool BS4453		1.96	%	01/01/2032		44,888,783
	51,688,000	Pool BS4524		2.02	%	01/01/2032		42,981,044
	41,850,000	Pool BS4736		2.00	%	02/01/2032		34,575,101
	24,500,000	Pool BS4737		2.00	%	02/01/2032		20,241,099
	20,155,000	Pool BS4951		2.63	%	04/01/2032		17,366,073
	10,998,689	Pool BS5636		3.72	%	06/01/2032		10,243,636
	6,735,013	Pool BS5685		4.20	%	05/01/2052		5,852,399
	8,665,000	Pool BS6102		4.10	%	08/01/2032		8,242,310
	4,200,000	Pool BS6131		3.89	%	07/01/2032		3,928,511
	3,600,000	Pool BS6419		3.89	%	09/01/2032		3,381,944
	24,762,678	Pool BS6649		3.89	%	10/01/2032		23,187,736
	159,468,000	Pool BS6912		4.33	%	12/01/2032		152,929,594
	4,131,000	Pool BS7305		5.22	%	01/01/2032		4,203,029
	7,863,000	Pool BS7410		5.48	%	01/01/2033		7,979,094
	3,260,000	Pool BS7503		4.87	%	04/01/2031		3,247,573
	10,467,000	Pool BS8014		4.84	%	03/01/2033		10,299,436
	8,333,000	Pool BS8657		5.10	%	06/01/2030		8,418,284
	5,557,475	Pool BS8987		5.15	%	07/01/2040		5,388,368
	18,337,237	Pool BS9321		5.27	%	08/01/2040		18,260,248
	1,542,062	Pool BT6556		2.00	%	07/01/2051		1,174,510
	10,151,723	Pool BV8021		4.50	%	08/01/2052		9,576,347
	17,286,377	Pool BV8479		3.00	%	04/01/2052		14,846,135
	33,798,338	Pool BV9869		3.00	%	05/01/2052		28,750,983
	10,550,000	Pool BZ0079		5.21	%	01/01/2034		10,709,540
	77,485,000	Pool BZ0107		4.94	%	12/01/2033		77,394,902
	27,755,000	Pool BZ0115		5.27	%	12/01/2033		28,285,048
	14,016,000	Pool BZ0452		5.36	%	02/01/2054		13,422,093
	138,103,000	Pool BZ1178		5.81	%	06/01/2031		141,301,127
	49,221,000	Pool BZ2148		4.40	%	10/01/2029		48,290,102
	21,450,000	Pool BZ2151		4.40	%	10/01/2029		21,044,325
	7,119,104	Pool CA0862		3.50	%	09/01/2047		6,392,229
	4,425,361	Pool CA3898		3.00	%	07/01/2034		4,160,926
	3,957,540	Pool CA4413		3.00	%	10/01/2049		3,354,461
	33,967,458	Pool CA7235		2.50	%	10/01/2050		28,189,891
	11,077,359	Pool CA7671		2.50	%	11/01/2040		9,540,347
	19,686,275	Pool CA7789		2.50	%	11/01/2040		16,942,549
	15,021,959	Pool CB0189		3.00	%	04/01/2051		12,906,489
	13,721,658	Pool CB1055 (30 day avg SOFR US + 2.21%, 2.21% Floor, 6.86% Cap)		1.86	%	07/01/2051		12,144,345
	2,881,482	Pool CB1648		2.00	%	09/01/2051		2,194,733
	65,718,030	Pool CB3116		3.00	%	03/01/2052		56,459,531
	59,961,278	Pool CB3166		3.00	%	03/01/2052		51,304,710
	12,615,247	Pool CB3332		3.50	%	04/01/2052		11,259,408
	84,849,077	Pool CB4291		5.00	%	08/01/2052		82,245,846
	44,833,687	Pool CB4347		5.00	%	08/01/2052		44,024,097
	50,288,237	Pool CB4391		4.50	%	08/01/2052		47,452,053
	61,831,240	Pool CB5221		5.00	%	12/01/2052		59,929,571
	18,423,482	Pool CB6266		6.00	%	05/01/2053		18,647,908
	36,843,646	Pool CB7272		6.00	%	10/01/2053		37,348,973
	22,834,976	Pool CB7335		5.50	%	10/01/2053		22,811,231
	17,122,815	Pool CB7433		5.50	%	11/01/2053		17,116,015
	29,457,070	Pool CB7781		5.50	%	01/01/2054		29,148,853
	45,396,910	Pool CB7996		6.00	%	02/01/2054		46,157,888
	40,849,398	Pool CB8138		5.50	%	03/01/2054		40,713,703
	37,433,393	Pool CB8501		6.00	%	05/01/2054		38,341,101
	39,707,504	Pool CB8680		5.50	%	06/01/2054		39,555,980
	51,928,544	Pool CB8692		5.50	%	06/01/2054		51,939,206
	71,140,962	Pool CB8845		5.50	%	07/01/2054		71,144,452
	68,550,602	Pool CB8851		6.00	%	07/01/2054		69,729,546
	54,915,615	Pool CB8986		5.50	%	08/01/2054		54,825,024
	52,202,436	Pool CB9138		5.50	%	09/01/2054		52,097,239
	27,161,100	Pool CB9139		5.50	%	09/01/2054		27,024,517
	100,559,166	Pool CB9147		5.50	%	09/01/2054		100,564,105
	49,482,272	Pool CB9321		5.50	%	10/01/2054		49,400,645

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	42,134,805	Pool FM1000		3.00	%	04/01/2047		36,570,122
	22,021,640	Pool FM4347		2.50	%	09/01/2050		18,219,346
	39,644,026	Pool FM4752		2.50	%	11/01/2050		32,919,230
	43,122,291	Pool FM4792		2.50	%	11/01/2050		35,787,576
	24,254,503	Pool FM4913		2.50	%	11/01/2050		20,141,508
	31,481,302	Pool FM5150		2.00	%	12/01/2050		24,909,361
	4,703,644	Pool FM6864		1.50	%	04/01/2041		3,761,653
	58,279,790	Pool FM7557		3.50	%	03/01/2050		52,575,753
	25,942,084	Pool FM8158		2.50	%	07/01/2051		21,705,250
	58,859,153	Pool FM8215		2.50	%	03/01/2051		48,836,449
	42,942,497	Pool FM8304		4.00	%	07/01/2049		39,826,304
	56,764,282	Pool FM8435		2.50	%	09/01/2051		47,016,685
	102,691,746	Pool FM8533		2.50	%	03/01/2051		85,283,841
	64,416,180	Pool FM8769		2.50	%	09/01/2051		53,323,210
	34,057,095	Pool FM8780		2.50	%	09/01/2051		28,105,031
	9,654,660	Pool FM9422		2.00	%	01/01/2051		7,590,484
	27,577,815	Pool FM9490		2.00	%	11/01/2051		21,900,689
	35,629,106	Pool FP0043		2.00	%	10/01/2050		28,005,719
	30,246,069	Pool FP0088		2.00	%	10/01/2051		23,722,567
	11,224,029	Pool FP0107		3.50	%	06/01/2047		10,231,874
	32,185,161	Pool FS0009		3.50	%	11/01/2051		28,644,198
	12,674,505	Pool FS0400		3.00	%	01/01/2052		10,940,959
	49,401,965	Pool FS1472		3.50	%	11/01/2050		44,354,984
	80,031,821	Pool FS2320		2.50	%	04/01/2051		65,831,420
	15,694,005	Pool FS2588		4.50	%	08/01/2052		14,808,866
	14,882,433	Pool FS2837		4.00	%	09/01/2052		13,644,036
	14,728,016	Pool FS5618		5.50	%	08/01/2053		14,834,092
	47,216,525	Pool FS5987		2.50	%	04/01/2051		39,212,295
	34,640,308	Pool FS6232		2.00	%	03/01/2052		27,432,443
	16,198,802	Pool FS6422		6.00	%	11/01/2053		16,591,561
	63,482,632	Pool FS6582		6.00	%	12/01/2053		64,496,758
	22,704,661	Pool FS6843		6.00	%	01/01/2054		23,087,481
	46,700,175	Pool FS7114		5.50	%	02/01/2054		46,709,752
	21,348,706	Pool FS7423		5.50	%	03/01/2054		21,248,956
	32,399,472	Pool FS8152		6.00	%	06/01/2054		32,782,851
	48,078,470	Pool FS8366		6.00	%	06/01/2054		49,244,276
	27,388,562	Pool FS8643		6.00	%	07/01/2054		27,855,776
	27,532,651	Pool FS8999		6.00	%	08/01/2054		28,042,940
	14,887,048	Pool FS9026		5.50	%	09/01/2053		14,853,407
	20,683,430	Pool FS9671		5.50	%	11/01/2054		20,684,445
	471,840	Pool MA0264		4.50	%	12/01/2029		468,839
	1,716,927	Pool MA0353		4.50	%	03/01/2030		1,705,242
	348,463	Pool MA0406		4.50	%	05/01/2030		346,029
	34,013	Pool MA0445		5.00	%	06/01/2040		32,718
	66,387	Pool MA0468		5.00	%	07/01/2040		63,859
	543,591	Pool MA0534		4.00	%	10/01/2030		533,980
	125,450	Pool MA0587		4.00	%	12/01/2030		123,164
	3,262,425	Pool MA0616		4.00	%	01/01/2031		3,201,186
	969,123	Pool MA0896		4.00	%	11/01/2041		897,611
	11,091,585	Pool MA0949		3.50	%	01/01/2032		10,701,655
	6,631,458	Pool MA1010		3.50	%	03/01/2032		6,395,733
	1,617,076	Pool MA1039		3.50	%	04/01/2042		1,457,576
	8,935,097	Pool MA1059		3.50	%	05/01/2032		8,617,091
	1,009,871	Pool MA1068		3.50	%	05/01/2042		910,652
	2,881,019	Pool MA1093		3.50	%	06/01/2042		2,597,494
	1,841,753	Pool MA1094		4.00	%	06/01/2042		1,705,834
	12,369,196	Pool MA1107		3.50	%	07/01/2032		11,921,376
	24,874,582	Pool MA1117		3.50	%	07/01/2042		22,420,198
	25,797,249	Pool MA1136		3.50	%	08/01/2042		23,252,214
	8,635,366	Pool MA1138		3.50	%	08/01/2032		8,307,298
	7,669,778	Pool MA1179		3.50	%	09/01/2042		6,913,062
	1,673,754	Pool MA1201		3.50	%	10/01/2032		1,611,470
	12,976,641	Pool MA1209		3.50	%	10/01/2042		11,696,225
	11,194,271	Pool MA1237		3.00	%	11/01/2032		10,543,209

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,220,086	Pool MA1242		3.50	%	11/01/2042		1,099,803
	6,387,721	Pool MA1338		3.00	%	02/01/2033		6,008,202
	3,482,953	Pool MA1490		3.00	%	07/01/2033		3,279,173
	4,349,108	Pool MA2114		3.50	%	12/01/2044		3,910,548
	3,206,382	Pool MA2151		3.50	%	01/01/2045		2,882,113
	10,616,446	Pool MA2164		3.50	%	02/01/2035		10,094,913
	9,230,372	Pool MA2166		3.50	%	02/01/2045		8,299,004
	9,510,840	Pool MA2248		3.00	%	04/01/2045		8,133,113
	11,963,955	Pool MA2621		3.50	%	05/01/2046		10,654,181
	14,639,909	Pool MA2649		3.00	%	06/01/2046		12,518,636
	13,293,949	Pool MA2650		3.50	%	06/01/2046		11,906,166
	4,429,826	Pool MA2673		3.00	%	07/01/2046		3,787,949
	16,174,095	Pool MA2711		3.00	%	08/01/2046		13,830,528
	1,580,099	Pool MA2743		3.00	%	09/01/2046		1,351,137
	36,471,141	Pool MA2806		3.00	%	11/01/2046		31,585,942
	11,691,208	Pool MA2833		3.00	%	12/01/2046		10,147,170
	14,864,264	Pool MA2895		3.00	%	02/01/2047		12,924,054
	6,569,680	Pool MA3357		4.00	%	05/01/2048		6,094,888
	8,588,271	Pool MA3614		3.50	%	03/01/2049		7,710,992
	1,623,407	Pool MA3894		4.00	%	09/01/2031		1,589,239
	33,200,533	Pool MA4100		2.00	%	08/01/2050		26,112,542
	72,033,483	Pool MA4191		2.00	%	11/01/2050		54,687,499
	86,654,555	Pool MA4306		2.50	%	04/01/2051		71,296,414
	20,814,755	Pool MA5480		5.50	%	09/01/2044		20,697,988
	59,114,335	Pool MA5503		5.50	%	10/01/2044		58,952,909
	213,441	Series 2002-70-QZ		5.50	%	11/25/2032		217,128
	322,530	Series 2002-75-ZG		5.50	%	11/25/2032		328,044
	790,101	Series 2003-29-ZL		5.00	%	04/25/2033		792,987
	383,403	Series 2003-64-ZG		5.50	%	07/25/2033		390,272
	3,219,150	Series 2003-84-PZ		5.00	%	09/25/2033		3,230,254
	262,559	Series 2004-46-PJ (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	03/25/2034		3,680
	939,789	Series 2004-51-XP (-1 x 30 day avg SOFR US + 7.59%, 0.00% Floor, 7.70% Cap)		3.02	%(f)(g)	07/25/2034		97,299
	5,522	Series 2005-107-EG		4.50	%	01/25/2026		5,497
	183,855	Series 2005-37-ZK		4.50	%	05/25/2035		177,374
	1,608,560	Series 2005-87-SG (-1 x 30 day avg SOFR US + 6.59%, 0.00% Floor, 6.70% Cap)		2.02	%(f)(g)	10/25/2035		127,324
	1,491,597	Series 2006-101-SA (-1 x 30 day avg SOFR US + 6.47%, 0.00% Floor, 6.58% Cap)		1.90	%(f)(g)	10/25/2036		149,419
	601,392	Series 2006-123-LI (-1 x 30 day avg SOFR US + 6.21%, 0.00% Floor, 6.32% Cap)		1.64	%(f)(g)	01/25/2037		58,951
	237,900	Series 2006-16-HZ		5.50	%	03/25/2036		243,546
	2,212,553	Series 2006-56-SM (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.07	%(f)(g)	07/25/2036		182,376
	232,133	Series 2006-93-SN (-1 x 30 day avg SOFR US + 6.49%, 0.00% Floor, 6.60% Cap)		1.92	%(f)(g)	10/25/2036		15,847
	3,038,195	Series 2007-109-VZ		5.00	%	10/25/2035		3,049,049
	364,658	Series 2007-116-BI (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.57	%(f)(g)	05/25/2037		25,000
	2,491,860	Series 2007-14-PS (-1 x 30 day avg SOFR US + 6.70%, 0.00% Floor, 6.81% Cap)		2.13	%(f)(g)	03/25/2037		252,419
	1,151,480	Series 2007-30-OI (-1 x 30 day avg SOFR US + 6.33%, 0.00% Floor, 6.44% Cap)		1.76	%(f)(g)	04/25/2037		115,186
	127,678	Series 2007-30-SI (-1 x 30 day avg SOFR US + 6.00%, 0.00% Floor, 6.11% Cap)		1.43	%(f)(g)	04/25/2037		8,028
	1,011,494	Series 2007-32-SG (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.42	%(f)(g)	04/25/2037		73,501
	948,381	Series 2007-57-SX (-1 x 30 day avg SOFR US + 6.51%, 0.00% Floor, 6.62% Cap)		1.94	%(f)(g)	10/25/2036		88,584
	1,612,543	Series 2007-60-VZ		6.00	%	07/25/2037		1,671,999
	891,167	Series 2007-71-GZ		6.00	%	07/25/2047		915,041
	1,225,533	Series 2007-75-ID (-1 x 30 day avg SOFR US + 5.76%, 0.00% Floor, 5.87% Cap)		1.19	%(f)(g)	08/25/2037		107,463

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	173,889	Series 2007-9-SD (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap)		1.97	%(f)(g)	03/25/2037		10,338
	1,241,923	Series 2008-29-ZA		4.50	%	04/25/2038		1,219,402
	2,461,221	Series 2008-48-BE		5.00	%	06/25/2034		2,470,222
	246,875	Series 2008-48-SD (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	06/25/2037		16,513
	312,262	Series 2008-5-MS (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.57	%(f)(g)	02/25/2038		19,770
	101,183	Series 2008-53-LI (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.47	%(f)(g)	07/25/2038		7,153
	244,688	Series 2008-57-SE (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	02/25/2037		15,532
	280,455	Series 2008-61-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	07/25/2038		17,124
	184,040	Series 2008-62-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	07/25/2038		10,455
	663,032	Series 2008-65-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	08/25/2038		53,226
	146,977	Series 2008-81-LP		5.50	%	09/25/2038		146,948
	1,509,071	Series 2009-106-EZ		4.50	%	01/25/2040		1,475,243
	223,990	Series 2009-111-SE (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.57	%(f)(g)	01/25/2040		21,536
	121,978	Series 2009-16-MZ		5.00	%	03/25/2029		121,046
	635,738	Series 2009-42-SI (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	06/25/2039		39,666
	516,401	Series 2009-42-SX (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	06/25/2039		38,820
	224,842	Series 2009-47-SA (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.42	%(f)(g)	07/25/2039		12,073
	162,892	Series 2009-48-WS (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap)		1.27	%(f)(g)	07/25/2039		12,288
	1,714,844	Series 2009-49-S (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.07	%(f)(g)	07/25/2039		149,761
	203,358	Series 2009-51-BZ		4.50	%	07/25/2039		196,993
	475,356	Series 2009-54-EZ		5.00	%	07/25/2039		477,109
	205,878	Series 2009-70-SA (-1 x 30 day avg SOFR US + 5.69%, 0.00% Floor, 5.80% Cap)		1.12	%(f)(g)	09/25/2039		17,280
	1,121,942	Series 2009-80-PM		4.50	%	10/25/2039		1,075,729
	1,043,101	Series 2009-83-Z		4.50	%	10/25/2039		1,007,691
	3,906,518	Series 2009-85-ES (-1 x 30 day avg SOFR US + 7.12%, 0.00% Floor, 7.23% Cap)		2.55	%(f)(g)	01/25/2036		343,031
	6,780,880	Series 2009-85-JS (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.07	%(f)(g)	10/25/2039		754,144
	384,403	Series 2009-90-IB (-1 x 30 day avg SOFR US + 5.61%, 0.00% Floor, 5.72% Cap)		1.04	%(f)(g)	04/25/2037		20,876
	156,650	Series 2009-94-BC		5.00	%	11/25/2039		157,440
	1,709,203	Series 2010-10-SA (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.67	%(f)(g)	02/25/2040		149,420
	563,790	Series 2010-10-ZA		4.50	%	02/25/2040		544,358
	4,982,900	Series 2010-101-SA (-1 x 30 day avg SOFR US + 4.37%, 0.00% Floor, 4.48% Cap)		0.00	%(f)(g)	09/25/2040		119,628
	2,647,997	Series 2010-101-ZC		4.50	%	09/25/2040		2,550,880
	690,195	Series 2010-111-S (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap)		1.27	%(f)(g)	10/25/2050		56,817
	926,970	Series 2010-116-Z		4.00	%	10/25/2040		870,521
	214,744	Series 2010-117-SA (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap)		0.00	%(f)(g)	10/25/2040		5,553
	682,213	Series 2010-120-KD		4.00	%	10/25/2040		640,642
	5,680,670	Series 2010-121-SD (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap)		0.00	%(f)(g)	10/25/2040		130,808
	242,685	Series 2010-126-SU (-11 x 30 day avg SOFR US + 53.74%, 0.00% Floor, 55.00% Cap)		2.23	%(g)	11/25/2040		245,476
	178,693	Series 2010-126-SX (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap)		0.61	%(g)	11/25/2040		142,301
	963,809	Series 2010-128-HZ		4.00	%	11/25/2040		904,222
	534,186	Series 2010-132-Z		4.50	%	11/25/2040		513,814

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	80,287	Series 2010-137-VS (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap)		0.61	%(g)	12/25/2040		74,309
	3,959,543	Series 2010-142-AZ		4.00	%	12/25/2040		3,730,858
	198,989	Series 2010-148-SA (-1 x 30 day avg SOFR US + 6.54%, 0.00% Floor, 6.65% Cap)		1.97	%(f)(g)	01/25/2026		1,006
	2,820,030	Series 2010-16-SA (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap)		0.77	%(f)(g)	03/25/2040		207,659
	734,925	Series 2010-2-MS (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.57	%(f)(g)	02/25/2050		79,110
	1,050,469	Series 2010-21-DZ		5.00	%	03/25/2040		1,055,776
	489,193	Series 2010-21-KS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap)		0.27	%(f)(g)	03/25/2040		13,451
	561,305	Series 2010-31-SA (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.32	%(f)(g)	04/25/2040		21,407
	619,974	Series 2010-34-PS (-1 x 30 day avg SOFR US + 4.82%, 0.00% Floor, 4.93% Cap)		0.25	%(f)(g)	04/25/2040		19,143
	159,510	Series 2010-35-ES (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		1.77	%(f)(g)	04/25/2040		5,197
	70,028	Series 2010-35-SV (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		1.77	%(f)(g)	04/25/2040		1,423
	659,487	Series 2010-4-SK (-1 x 30 day avg SOFR US + 6.12%, 0.00% Floor, 6.23% Cap)		1.55	%(f)(g)	02/25/2040		47,170
	507,799	Series 2010-46-MS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap)		0.27	%(f)(g)	05/25/2040		19,619
	3,333,933	Series 2010-49-ZW		4.50	%	05/25/2040		3,259,393
	279,382	Series 2010-58-ES (-3 x 30 day avg SOFR US + 12.18%, 0.00% Floor, 12.47% Cap)		0.43	%(g)	06/25/2040		254,199
	1,939,520	Series 2010-59-MS (-1 x 30 day avg SOFR US + 5.66%, 0.00% Floor, 5.77% Cap)		1.09	%(f)(g)	06/25/2040		144,155
	2,426,342	Series 2010-59-SC (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.32	%(f)(g)	01/25/2040		76,453
	166,863	Series 2010-60-VZ		5.00	%	10/25/2039		164,107
	168,953	Series 2010-61-EL		4.50	%	06/25/2040		161,978
	2,358,564	Series 2010-64-EZ		5.00	%	06/25/2040		2,370,459
	1,596,791	Series 2010-79-CZ		4.00	%	07/25/2040		1,508,310
	838,612	Series 2010-84-ZC		4.50	%	08/25/2040		809,202
	1,677,221	Series 2010-84-ZD		4.50	%	08/25/2040		1,618,401
	2,178,241	Series 2010-84-ZG		4.50	%	08/25/2040		2,100,913
	355,850	Series 2010-9-DS (-1 x 30 day avg SOFR US + 5.19%, 0.50% Floor, 5.30% Cap)		0.62	%(f)(g)	02/25/2040		16,434
	160,356	Series 2010-90-SA (-1 x 30 day avg SOFR US + 5.74%, 0.00% Floor, 5.85% Cap)		1.17	%(f)(g)	08/25/2040		11,057
	659,308	Series 2010-94-Z		4.50	%	08/25/2040		636,530
	3,038,609	Series 2010-99-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap)		1.02	%(g)	09/25/2040		3,096,075
	520,021	Series 2011-110-LS (-2 x 30 day avg SOFR US + 9.87%, 0.00% Floor, 10.10% Cap)		0.51	%(g)	11/25/2041		379,239
	1,434,030	Series 2011-111-CZ		4.00	%	11/25/2041		1,343,933
	3,354,523	Series 2011-111-EZ		5.00	%	11/25/2041		3,367,259
	817,776	Series 2011-111-VZ		4.00	%	11/25/2041		765,840
	172,943	Series 2011-17-SA (-1 x 30 day avg SOFR US + 6.36%, 0.00% Floor, 6.47% Cap)		1.79	%(f)(g)	03/25/2041		12,026
	2,751,907	Series 2011-2-GZ		4.00	%	02/25/2041		2,601,922
	441,538	Series 2011-25-KY		3.00	%	04/25/2026		437,024
	1,178,467	Series 2011-27-BS (-2 x 30 day avg SOFR US + 8.77%, 0.00% Floor, 9.00% Cap)		0.00	%(g)	04/25/2041		963,620
	1,135,270	Series 2011-36-VZ		4.50	%	05/25/2041		1,093,066
	2,968,787	Series 2011-37-Z		4.50	%	05/25/2041		2,867,435
	4,158,159	Series 2011-38-BZ		4.00	%	05/25/2041		4,017,073
	415,863	Series 2011-39-CB		3.00	%	05/25/2026		411,449
	3,293,665	Series 2011-39-ZD		4.00	%	02/25/2041		3,097,564
	1,056,376	Series 2011-40-LZ		4.50	%	05/25/2041		1,017,155
	1,250,885	Series 2011-42-MZ		4.50	%	05/25/2041		1,203,576
	2,618,795	Series 2011-45-ZB		4.50	%	05/25/2041		2,521,464
	8,441,269	Series 2011-51-FJ (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap)		5.13	%	06/25/2041		8,334,736

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	583,947	Series 2011-59-MA		4.50	%	07/25/2041		570,970
	701,984	Series 2011-60-EL		3.00	%	07/25/2026		695,015
	5,192,930	Series 2011-64-DB		4.00	%	07/25/2041		4,998,515
	3,496,365	Series 2011-77-Z		3.50	%	08/25/2041		3,216,650
	1,721,743	Series 2012-111-LB		3.50	%	05/25/2041		1,617,407
	13,596,165	Series 2012-111-MJ		4.00	%	04/25/2042		12,590,602
	13,706,847	Series 2012-122-DB		3.00	%	11/25/2042		12,251,174
	3,523,578	Series 2012-14-BZ		4.00	%	03/25/2042		3,332,105
	8,155,831	Series 2012-20-ZT		3.50	%	03/25/2042		7,532,411
	6,659,716	Series 2012-70-FY (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap)		5.13	%	07/25/2042		6,567,899
	67,377	Series 2012-80-EA		2.00	%	04/25/2042		66,393
	16,156,792	Series 2012-86-ZC		3.50	%	08/25/2042		14,845,862
	12,370,049	Series 2012-99-QE		3.00	%	09/25/2042		11,005,753
	18,460,804	Series 2013-130-ZE		3.00	%	01/25/2044		16,091,415
	25,824,188	Series 2013-133-ZT		3.00	%	01/25/2039		23,821,365
	5,692,246	Series 2013-51-HS (-1 x 30 day avg SOFR US + 5.26%, 0.00% Floor, 5.40% Cap)		0.00	%(g)	04/25/2043		3,734,933
	994,109	Series 2013-58-SC (-2 x 30 day avg SOFR US + 5.83%, 0.00% Floor, 6.00% Cap)		0.00	%(g)	06/25/2043		492,835
	1,845,814	Series 2013-81-ZQ		3.00	%(h)	08/25/2043		1,224,365
	5,317,784	Series 2013-82-SH (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.37	%(f)(g)	12/25/2042		332,334
	12,166,693	Series 2014-21-GZ		3.00	%	04/25/2044		10,664,075
	113,386	Series 2014-46-NZ		3.00	%(h)	06/25/2043		76,110
	40,307,117	Series 2014-64-NZ		3.00	%	10/25/2044		35,058,042
	14,452,327	Series 2014-67-DZ		3.00	%(h)	10/25/2044		12,739,265
	26,081,389	Series 2014-77-VZ		3.00	%(h)	11/25/2044		22,798,910
	33,495,350	Series 2014-84-KZ		3.00	%(h)	12/25/2044		29,187,888
	3,633,027	Series 2015-11-A		3.00	%	05/25/2034		3,547,736
	17,424,341	Series 2015-49-A		3.00	%	03/25/2044		16,334,509
	10,607,516	Series 2015-52-GZ		3.00	%	07/25/2045		9,323,472
	32,981,972	Series 2015-88-BA		3.00	%	04/25/2044		31,207,367
	2,508,276	Series 2015-94-MA		3.00	%	01/25/2046		2,186,271
	7,508,803	Series 2016-2-JA		2.50	%	02/25/2046		7,154,020
	157,272	Series 2016-74-PA		3.00	%	12/25/2044		156,575
	1,166,594	Series 2016-79-EP		3.00	%	01/25/2044		1,149,241
	7,907,555	Series 2016-95-AG		2.50	%	06/25/2037		7,315,924
	11,661,523	Series 2017-57-BC		3.00	%	08/25/2057		9,938,396
	8,875,856	Series 2018-21-IO		3.00	%(f)	04/25/2048		1,333,354
	14,659,933	Series 2018-21-PO		0.00	%(k)	04/25/2048		10,984,636
	37,120,675	Series 2018-27-AO		0.00	%(k)	05/25/2048		27,538,344
	8,618,285	Series 2018-65-DA		3.00	%	09/25/2048		7,435,959
	25,853,982	Series 2018-7-CD		3.00	%	02/25/2048		22,698,935
	19,554,284	Series 2018-85-PO		0.00	%(k)	12/25/2048		14,496,633
	13,451,887	Series 2019-69-DS (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(f)(g)	12/25/2049		1,296,045
	39,111,079	Series 2019-78-ZB		3.00	%	01/25/2050		33,171,917
	205,249,491	Series 2019-M16-X		1.18	%(b)(f)	07/25/2031		9,126,090
	473,978,629	Series 2019-M18-X		0.72	%(b)(f)	08/25/2029		10,740,214
	204,090,147	Series 2019-M24-2XA		1.15	%(b)(f)	03/25/2031		10,047,440
	262,037,585	Series 2019-M24-XA		1.25	%(b)(f)	03/25/2029		10,339,086
	153,533,677	Series 2019-M7-X		0.33	%(b)(f)	04/25/2029		1,806,661
	30,097,933	Series 2020-47-GL		2.00	%	05/25/2046		26,065,481
	8,379,367	Series 2020-53-CG		2.00	%	08/25/2050		6,879,250
	46,096,808	Series 2020-54-AB		1.00	%	08/25/2050		34,713,865
	10,227,038	Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.47	%(f)(g)	08/25/2050		1,133,887
	12,019,403	Series 2020-59-QZ		3.00	%	08/25/2040		10,665,226
	17,609,293	Series 2020-61-AI		3.00	%(f)	09/25/2050		2,500,909
	8,149,180	Series 2020-61-DC		1.50	%	09/25/2060		5,919,058
	30,886,105	Series 2020-61-DI		3.00	%(f)	09/25/2060		4,890,870
	67,230,982	Series 2020-62-JD		1.25	%	09/25/2050		49,094,678
	21,951,742	Series 2020-96-BI		3.00	%(f)	01/25/2051		3,863,500

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	21,159,103	Series 2020-97-EI		2.00	%(f)	01/25/2051		2,679,654
	24,577,197	Series 2020-99-IQ		3.00	%(f)	01/25/2051		4,336,317
	346,784,475	Series 2020-M10-X2		1.72	%(b)(f)	12/25/2030		21,201,675
	174,839,702	Series 2020-M10-X8		0.72	%(b)(f)	12/25/2027		2,205,271
	74,710,319	Series 2020-M13-X2		1.23	%(b)(f)	09/25/2030		3,023,273
	477,290,233	Series 2020-M15-X1		1.45	%(b)(f)	09/25/2031		29,659,770
	17,700,709	Series 2020-M17-X1		1.36	%(b)(f)	01/25/2028		414,506
	110,221,574	Series 2020-M27-X1		0.85	%(b)(f)	03/25/2031		3,362,750
	158,901,386	Series 2020-M54-X		1.50	%(b)(f)	12/25/2033		9,580,387
	52,741,443	Series 2020-M7-X2		1.24	%(b)(f)	03/25/2031		2,626,112
	10,571,204	Series 2021-1-PA		1.00	%	11/25/2050		7,757,204
	15,618,950	Series 2021-13-AK		2.00	%	01/25/2049		13,342,935
	12,089,298	Series 2021-21-DK		2.00	%	07/25/2043		10,283,486
	5,638,968	Series 2021-28-KF (30 day avg SOFR US + 0.75%, 0.75% Floor, 4.00% Cap)		4.00	%	05/25/2051		4,292,897
	21,718,321	Series 2021-28-LB		2.00	%	04/25/2051		17,443,806
	39,204,457	Series 2021-3-KI		2.50	%(f)	02/25/2051		5,691,730
	23,388,821	Series 2021-40-BA		3.00	%	01/25/2051		19,975,794
	35,107,957	Series 2021-43-EI		3.00	%(f)	07/25/2051		5,707,515
	69,180,995	Series 2021-43-LI		3.00	%(f)	07/25/2051		11,881,490
	22,555,106	Series 2021-52-JI		2.50	%(f)	07/25/2051		2,760,553
	27,558,697	Series 2021-56-NI		2.50	%(f)	09/25/2051		2,736,358
	26,710,112	Series 2021-58-SA (-1 x 30 day avg SOFR US + 2.65%, 0.00% Floor, 2.65% Cap)		0.00	%(f)(g)	09/25/2051		108,058
	18,135,008	Series 2021-63-G		2.00	%	06/25/2049		14,586,351
	81,887,268	Series 2021-70-S (-1 x 30 day avg SOFR US + 3.75%, 0.00% Floor, 3.75% Cap)		0.00	%(f)(g)	10/25/2049		1,209,016
	20,397,698	Series 2021-73-JA		2.50	%	05/25/2049		17,676,751
	17,981,173	Series 2021-85-C		2.50	%	03/25/2049		15,598,905
	21,577,408	Series 2021-85-CJ		2.50	%	03/25/2049		18,718,686
	21,577,408	Series 2021-85-CK		2.50	%	03/25/2049		18,718,686
	25,220,016	Series 2021-85-DI		3.00	%(f)	12/25/2051		4,285,378
	47,592,044	Series 2021-86-MA		2.50	%	11/25/2047		42,022,019
	23,402,571	Series 2021-88-LB		2.50	%	03/25/2050		19,835,355
	30,133,245	Series 2021-9-CA		2.00	%	03/25/2051		24,209,947
	22,821,018	Series 2021-92-M		2.50	%	01/25/2049		19,806,766
	11,127,909	Series 2021-M12-2A1		2.13	%(b)	05/25/2033		9,826,787
	933,520,482	Series 2021-M14-X		0.98	%(b)(f)	10/25/2031		25,588,543
	173,854,671	Series 2021-M3-X2		0.91	%(b)(f)	08/25/2033		4,966,037
	20,733,540	Series 2021-M5-A1		1.46	%(b)	01/25/2033		18,778,058
	133,104,091	Series 2022-3-AB		2.00	%	11/25/2047		114,538,865
	2,379,160	Series 2022-3-EV		2.00	%	08/25/2033		2,107,732
	86,721,254	Series 2022-3-EZ		2.00	%(h)	01/25/2052		49,712,187
	58,911,324	Series 2022-3-NZ		2.00	%(h)	02/25/2052		32,667,042
	14,051,295	Series 2022-4-LG		3.00	%	02/25/2052		12,509,952
	28,488,301	Series 2022-6-M		2.50	%	06/25/2050		24,574,618
	711,291,569	Series 2022-M2-X		0.39	%(b)(f)	01/25/2032		14,520,946
	14,502,614	Series 2022-M4-A1X		2.46	%(b)	05/25/2030		13,284,184
	109,422,593	Series 2023-2-IO		3.00	%(f)	12/25/2051		17,159,793
	17,851,092	Series 2023-29-DO		0.00	%(k)	11/25/2050		11,855,824
	13,281,241	Series 2023-30-MO		0.00	%(k)	10/25/2050		8,850,481
	88,730,882	Series 2023-39-IO		3.00	%(f)	10/25/2052		15,024,969
	69,850,862	Series 2023-51-BI		3.50	%(f)	04/25/2053		13,494,516
	5,726,723	Series 2023-M1S-A1X		4.50	%(b)	07/25/2033		5,658,169
	26,105,857	Series 2024-64-FJ (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.82	%	09/25/2054		26,131,942
	52,180,901	Series 2024-81-FE (30 day avg SOFR US + 1.15%, 1.15% Floor, 6.50% Cap)		5.72	%	07/25/2054		51,932,301
	69,488,363	Series 2024-82-FY (30 day avg SOFR US + 1.30%, 1.30% Floor, 6.50% Cap)		5.87	%	11/25/2054		69,703,736
	58,668,258	Series 2024-9-BI		3.00	%(f)	03/25/2051		10,091,768
	76,168,627	Series 2024-90-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		6.07	%	12/25/2054		76,684,609
	19,432,249	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		6.02	%	12/25/2054		19,618,902

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,463,967	Series 400-S4 (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap)		0.77	%(f)(g)	11/25/2039		184,133
	24,647,481	Series 412-A3		3.00	%	08/25/2042		21,481,542
	53,115,305	Series 427-C69		3.00	%(f)	03/25/2047		8,216,115
	31,006,295	Series 428-C17		3.00	%(f)	04/25/2050		4,677,113
	27,416,695	Series 432-C11		3.00	%(f)	08/25/2052		4,631,407
		Freddie Mac Seasoned Credit Risk Transfer Trust
	16,303,565	Series 2018-3-HA		3.00	%	08/25/2057		15,125,197
	15,091,317	Series 2020-2-MT		2.00	%	11/25/2059		11,780,540
	35,000,000	Series 2022-2-MB		3.00	%	04/25/2062		23,139,480
		Freddie Mac Whole Loan Securities Trust
	7,653,017	Series 2015-SC02-1A		3.00	%	09/25/2045		6,692,855
	4,380,923	Series 2016-SC01-1A		3.00	%	07/25/2046		3,795,013
		Ginnie Mae II Pool
	24,481,051	Pool 785310		2.50	%	02/20/2051		20,346,061
	38,886,508	Pool 785346		2.00	%	03/20/2051		30,250,735
	11,433,256	Pool 785350		2.00	%	01/20/2051		8,876,350
	22,561,812	Pool 785374		2.50	%	03/20/2051		18,815,453
	80,880,256	Pool 785401		2.50	%	10/20/2050		66,381,190
	113,016,114	Pool 785412		2.50	%	03/20/2051		93,925,857
	25,462,830	Pool 785595		2.50	%	03/20/2051		21,226,512
	48,814,065	Pool 785609		2.50	%	08/20/2051		40,634,881
	12,494,301	Pool 785638		2.50	%	08/20/2051		10,383,830
	28,615,374	Pool 785639		2.50	%	08/20/2051		23,781,811
	11,817,366	Pool 785680		2.50	%	10/20/2051		9,821,169
	50,167,801	Pool 785717		3.00	%	11/20/2051		43,276,462
	9,035,021	Pool CB2017		2.50	%	03/20/2051		7,524,411
	8,681,657	Pool CB4182		2.50	%	03/20/2051		7,230,003
	1,825,758	Pool CB5487		2.50	%	03/20/2051		1,490,248
	7,322,856	Pool CB9135		2.50	%	04/20/2051		6,152,692
	7,375,009	Pool CH0426		2.50	%	02/20/2052		6,020,639
	6,018,058	Pool CI0294		2.50	%	01/20/2052		4,853,437
	25,833,194	Pool CI6428		2.50	%	01/20/2052		21,089,258
	516,635	Pool MA2511		3.50	%	01/20/2045		458,903
	15,516,083	Pool MA5076		3.00	%	03/20/2048		13,620,027
	9,686,030	Pool MA7255		2.50	%	03/20/2051		8,099,373
		Government National Mortgage Association
	21,812,855	Pool 786510		3.00	%	02/20/2052		18,616,844
	3,540,870	Series 2003-67-SP (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap)		2.62	%(f)(g)	08/20/2033		5,106
	1,496,147	Series 2003-86-ZK		5.00	%	10/20/2033		1,488,717
	929,197	Series 2004-49-Z		6.00	%	06/20/2034		942,355
	1,693,481	Series 2004-83-CS (-1 x 1 mo. Term SOFR + 5.97%, 0.00% Floor, 6.08% Cap)		1.60	%(f)(g)	10/20/2034		87,141
	441,424	Series 2005-21-ZPool 2005-2		5.00	%	03/20/2035		440,480
	323,591	Series 2006-24-CX (-7 x 1 mo. Term SOFR + 39.13%, 0.00% Floor, 39.97% Cap)		7.08	%(g)	05/20/2036		378,989
	1,569,111	Series 2007-26-SJ (-1 x 1 mo. Term SOFR + 4.58%, 0.00% Floor, 4.69% Cap)		0.21	%(f)(g)	04/20/2037		12,397
	1,786,808	Series 2008-2-SM (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		1.99	%(f)(g)	01/16/2038		121,611
	3,154,172	Series 2008-42-AI (-1 x 1 mo. Term SOFR + 7.58%, 0.00% Floor, 7.69% Cap)		3.18	%(f)(g)	05/16/2038		371,045
	1,176,230	Series 2008-43-SH (-1 x 1 mo. Term SOFR + 6.22%, 0.00% Floor, 6.34% Cap)		1.85	%(f)(g)	05/20/2038		34,766
	1,381,479	Series 2008-51-SC (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.77	%(f)(g)	06/20/2038		87,305
	1,135,951	Series 2008-51-SE (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.74	%(f)(g)	06/16/2038		78,423
	374,795	Series 2008-82-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.57	%(f)(g)	09/20/2038		10,066
	570,453	Series 2008-83-SD (-1 x 1 mo. Term SOFR + 6.45%, 0.00% Floor, 6.56% Cap)		2.05	%(f)(g)	11/16/2036		18,838
	2,319,244	Series 2009-10-NS (-1 x 1 mo. Term SOFR + 6.54%, 0.00% Floor, 6.65% Cap)		2.14	%(f)(g)	02/16/2039		196,382

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,750,627	Series 2009-106-VZ		4.50	%	11/20/2039		2,667,136
	421,230	Series 2009-24-SN (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.62	%(f)(g)	09/20/2038		13,124
	1,600,213	Series 2009-32-ZE		4.50	%	05/16/2039		1,568,788
	9,824	Series 2009-41-ZQ		4.50	%(h)	06/16/2039		9,754
	1,235,659	Series 2009-48-Z		5.00	%	06/16/2039		1,234,781
	53,549	Series 2009-50-KP		4.50	%	06/20/2039		53,420
	549,566	Series 2009-69-TS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.69	%(f)(g)	04/16/2039		21,390
	1,251,143	Series 2009-75-GZ		4.50	%	09/20/2039		1,232,764
	2,558,749	Series 2010-1-SA (-1 x 1 mo. Term SOFR + 5.64%, 0.00% Floor, 5.75% Cap)		1.24	%(f)(g)	01/16/2040		169,926
	4,362,700	Series 2010-106-PS (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.57	%(f)(g)	03/20/2040		119,486
	2,350,575	Series 2010-25-ZB		4.50	%	02/16/2040		2,306,676
	18,715,683	Series 2010-26-QS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.77	%(f)(g)	02/20/2040		1,752,121
	1,578,157	Series 2010-42-AY		5.00	%	11/20/2039		1,584,609
	3,738,875	Series 2010-42-ES (-1 x 1 mo. Term SOFR + 5.57%, 0.00% Floor, 5.68% Cap)		1.20	%(f)(g)	04/20/2040		281,504
	407,900	Series 2010-61-AS (-1 x 1 mo. Term SOFR + 6.44%, 0.00% Floor, 6.55% Cap)		2.07	%(f)(g)	09/20/2039		22,986
	4,864,190	Series 2010-62-SB (-1 x 1 mo. Term SOFR + 5.64%, 0.00% Floor, 5.75% Cap)		1.27	%(f)(g)	05/20/2040		360,551
	2,397,847	Series 2011-18-SN (-2 x 1 mo. Term SOFR + 9.27%, 0.00% Floor, 9.50% Cap)		0.53	%(g)	12/20/2040		2,004,251
	2,401,701	Series 2011-18-YS (-2 x 1 mo. Term SOFR + 9.27%, 0.00% Floor, 9.50% Cap)		0.53	%(g)	12/20/2040		1,990,401
	711,748	Series 2011-69-OC		0.00	%(k)	05/20/2041		549,554
	6,857,973	Series 2011-69-SB (-1 x 1 mo. Term SOFR + 5.24%, 0.00% Floor, 5.35% Cap)		0.87	%(f)(g)	05/20/2041		395,619
	10,939,937	Series 2011-70-PO		0.00	%(k)	05/16/2041		8,243,327
	2,588,977	Series 2011-72-AS (-1 x 1 mo. Term SOFR + 5.27%, 0.00% Floor, 5.38% Cap)		0.90	%(f)(g)	05/20/2041		169,462
	1,953,652	Series 2011-72-SK (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.67	%(f)(g)	05/20/2041		151,725
	6,838,510	Series 2013-116-LS (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.67	%(f)(g)	08/20/2043		689,439
	9,405,337	Series 2013-136-CS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.69	%(f)(g)	09/16/2043		793,890
	16,190,996	Series 2013-182-WZ		2.50	%	12/20/2043		14,136,825
	3,182,808	Series 2013-186-SG (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.74	%(f)(g)	02/16/2043		167,786
	4,689,175	Series 2013-26-MS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.77	%(f)(g)	02/20/2043		474,853
	1,883,062	Series 2013-34-PL		3.00	%	03/20/2042		1,857,554
	8,108,269	Series 2014-163-PS (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.12	%(f)(g)	11/20/2044		640,963
	8,717,266	Series 2014-167-SA (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.12	%(f)(g)	11/20/2044		675,314
	14,850,169	Series 2014-21-SE (-1 x 1 mo. Term SOFR + 5.44%, 0.00% Floor, 5.55% Cap)		1.07	%(f)(g)	02/20/2044		1,193,812
	8,819,312	Series 2014-39-SK (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.72	%(f)(g)	03/20/2044		935,815
	9,894,116	Series 2014-59-DS (-1 x 1 mo. Term SOFR + 6.14%, 0.00% Floor, 6.25% Cap)		1.74	%(f)(g)	04/16/2044		876,076
	9,249,595	Series 2016-108-SM (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.62	%(f)(g)	08/20/2046		1,111,859
	12,411,149	Series 2018-40-AZ		3.00	%(h)	10/20/2047		10,016,931
	22,502,679	Series 2019-122-IO		1.00	%(b)(f)	07/16/2061		1,443,423
	185,072,748	Series 2019-147-IO		0.40	%(b)(f)	06/16/2061		6,025,173
	9,679,032	Series 2019-153-GF (1 mo. Term SOFR + 0.56%, 0.45% Floor, 6.50% Cap)		4.93	%	12/20/2049		9,492,551
	17,531,534	Series 2020-104-AI		3.00	%(f)	07/20/2050		2,788,133
	11,064,873	Series 2020-104-EI		3.00	%(f)	07/20/2050		1,751,005
	9,686,069	Series 2020-112-LS (-1 x 30 day avg SOFR US + 6.20%, 0.00% Floor, 6.20% Cap)		1.60	%(f)(g)	08/20/2050		1,140,230

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	38,720,922	Series 2020-115-IG		2.50	%(f)	08/20/2050		5,291,435
	18,518,591	Series 2020-138-IC		3.50	%(f)	08/20/2050		3,349,876
	135,962,838	Series 2020-140-ES (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	09/20/2050		17,022,275
	34,802,462	Series 2020-140-SG (-1 x 1 mo. Term SOFR + 6.24%, 0.00% Floor, 6.35% Cap)		1.87	%(f)(g)	09/20/2050		4,437,798
	44,118,089	Series 2020-146-CI		2.50	%(f)	10/20/2050		6,538,592
	24,436,098	Series 2020-146-KI		2.50	%(f)	10/20/2050		3,413,931
	53,086,628	Series 2020-148-AI		2.50	%(f)	10/20/2050		7,643,556
	154,669,757	Series 2020-151-MI		2.50	%(f)	10/20/2050		23,388,991
	63,446,582	Series 2020-152-IO		0.58	%(b)(f)	12/16/2062		2,793,014
	94,284,386	Series 2020-153-EI		2.50	%(f)	10/20/2050		13,410,059
	40,531,570	Series 2020-160-IA		2.50	%(f)	10/20/2050		5,672,397
	10,358,985	Series 2020-160-IM		2.50	%(f)	10/20/2050		1,530,030
	33,440,763	Series 2020-162-QS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	10/20/2050		4,302,234
	47,777,897	Series 2020-166-SM (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	11/20/2050		6,070,951
	66,320,122	Series 2020-167-BI		2.50	%(f)	11/20/2050		9,358,505
	49,866,514	Series 2020-167-DI		2.50	%(f)	11/20/2050		6,593,141
	31,482,668	Series 2020-167-IA		2.50	%(f)	11/20/2050		4,512,061
	74,990,765	Series 2020-167-JI		2.50	%(f)	11/20/2050		9,944,473
	14,819,220	Series 2020-167-NS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	11/20/2050		1,813,490
	26,463,632	Series 2020-167-YK		1.20	%	11/20/2050		19,435,473
	118,753,530	Series 2020-173-MI		2.50	%(f)	11/20/2050		18,078,289
	37,780,377	Series 2020-175-MI		2.50	%(f)	11/20/2050		5,287,874
	35,689,648	Series 2020-175-SC (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	11/20/2050		4,649,397
	80,392,565	Series 2020-177-IO		0.82	%(b)(f)	06/16/2062		4,896,116
	26,570,968	Series 2020-181-AI		2.50	%(f)	12/20/2050		4,079,914
	45,154,434	Series 2020-181-BI		2.50	%(f)	12/20/2050		6,473,340
	28,206,798	Series 2020-181-SA (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	12/20/2050		3,508,404
	26,719,376	Series 2020-181-YM		1.17	%	12/20/2050		19,576,675
	60,829,656	Series 2020-185-AI		2.50	%(f)	12/20/2050		8,964,856
	46,023,945	Series 2020-185-KI		2.50	%(f)	12/20/2050		7,053,846
	38,748,371	Series 2020-185-MI		2.50	%(f)	12/20/2050		5,505,539
	43,662,002	Series 2020-187-AI		2.50	%(f)	12/20/2050		6,271,811
	88,683,059	Series 2020-188-BI		2.50	%(f)	12/20/2050		12,772,870
	5,195,860	Series 2020-188-DI		2.50	%(f)	12/20/2050		694,864
	24,911,528	Series 2020-188-GI		2.00	%(f)	12/20/2050		2,981,648
	36,426,110	Series 2020-188-IQ		3.00	%(f)	10/20/2050		5,790,651
	84,944,613	Series 2020-188-KI		2.50	%(f)	12/20/2050		12,128,417
	34,188,387	Series 2020-188-NS (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	12/20/2050		4,420,336
	38,582,474	Series 2020-195-IX		1.14	%(b)(f)	12/16/2062		3,029,264
	4,935,919	Series 2020-4-H		2.50	%	10/20/2049		4,199,058
	32,920,729	Series 2020-7-FM (1 mo. Term SOFR + 0.56%, 0.45% Floor, 6.50% Cap)		4.93	%	01/20/2050		32,279,611
	8,017,408	Series 2020-79-KG		1.30	%	06/20/2050		6,208,287
	86,954,760	Series 2020-89-IA		1.17	%(b)(f)	04/16/2062		6,624,431
	65,339,514	Series 2020-94-IO		0.97	%(b)(f)	03/16/2062		4,504,258
	16,343,667	Series 2020-98-SA (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.67	%(f)(g)	07/20/2050		1,805,122
	75,871,093	Series 2021-1-EI		2.00	%(f)	01/20/2051		8,446,850
	32,552,917	Series 2021-1-IA		2.50	%(f)	01/20/2051		4,744,666
	65,496,017	Series 2021-10-IO		0.99	%(b)(f)	05/16/2063		4,628,138
	115,542,882	Series 2021-100-IO		0.97	%(b)(f)	06/16/2063		7,864,842
	60,487,429	Series 2021-107-QI		2.50	%(f)	06/20/2051		8,863,386
	128,469,306	Series 2021-110-IO		0.87	%(b)(f)	11/16/2063		8,488,314
	23,081,793	Series 2021-114-SB (-1 x 1 mo. Term SOFR + 2.49%, 0.00% Floor, 2.60% Cap)		0.00	%(f)(g)	06/20/2051		56,553
	41,594,540	Series 2021-116-IA		2.50	%(f)	06/20/2051		6,148,505
	41,925,564	Series 2021-116-XI		3.50	%(f)	03/20/2051		7,915,140

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	19,597,958	Series 2021-117-IJ		3.50	%(f)	06/20/2051		2,995,338
	15,226,354	Series 2021-117-SH (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	07/20/2051		1,555,942
	234,994,458	Series 2021-12-IO		0.96	%(b)(f)	03/16/2063		16,089,436
	51,553,398	Series 2021-121-TI		3.00	%(f)	07/20/2051		7,127,577
	105,607,835	Series 2021-122-SA (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%(f)(g)	07/20/2051		317,204
	23,474,813	Series 2021-125-IO		3.00	%(f)	06/20/2051		3,359,971
	57,653,630	Series 2021-135-GI		3.00	%(f)	08/20/2051		9,138,008
	72,253,727	Series 2021-135-SK (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	08/20/2051		7,001,480
	59,967,197	Series 2021-136-EI		3.00	%(f)	08/20/2051		9,494,450
	36,877,819	Series 2021-138-IL		3.00	%(f)	08/20/2051		5,907,495
	37,152,224	Series 2021-138-KI		3.00	%(f)	08/20/2051		6,013,526
	54,978,716	Series 2021-138-PS (-1 x 30 day avg SOFR US + 3.75%, 0.00% Floor, 3.75% Cap)		0.00	%(f)(g)	08/20/2051		735,665
	14,402,000	Series 2021-139-BI		3.50	%(f)	08/20/2051		2,522,147
	44,801,262	Series 2021-140-IJ		3.00	%(f)	08/20/2051		7,171,342
	29,856,703	Series 2021-142-IO		3.00	%(f)	08/20/2051		4,771,483
	111,302,210	Series 2021-142-XI		3.00	%(f)	08/20/2051		17,705,444
	110,239,272	Series 2021-143-IO		0.97	%(b)(f)	10/16/2063		7,588,761
	82,653,286	Series 2021-144-IO		0.82	%(b)(f)	04/16/2063		5,027,320
	215,245,519	Series 2021-15-BI		2.50	%(f)	01/20/2051		29,558,376
	88,021,799	Series 2021-150-IO		1.03	%(b)(f)	11/16/2063		5,951,506
	67,580,046	Series 2021-151-IO		0.92	%(b)(f)	04/16/2063		4,703,112
	85,360,322	Series 2021-154-TI		3.00	%(f)	09/20/2051		11,042,800
	26,519,870	Series 2021-155-IE		3.00	%(f)	09/20/2051		4,263,329
	73,528,531	Series 2021-155-KI		4.00	%(f)	09/20/2051		9,518,121
	36,034,782	Series 2021-155-S (-1 x 30 day avg SOFR US + 3.20%, 0.00% Floor, 3.20% Cap)		0.00	%(f)(g)	09/20/2051		453,415
	36,744,660	Series 2021-155-SG (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	09/20/2051		4,325,537
	22,996,874	Series 2021-157-IO		0.89	%(b)(f)	09/16/2063		1,456,086
	43,610,178	Series 2021-158-IO		3.00	%(f)	09/20/2051		6,896,051
	60,381,515	Series 2021-158-IV		2.50	%(f)	09/20/2051		8,728,063
	23,054,568	Series 2021-160-IA		3.00	%(f)	09/20/2051		3,695,910
	74,543,229	Series 2021-160-SQ (-1 x 30 day avg SOFR US + 2.65%, 0.00% Floor, 3.00% Cap)		0.00	%(f)(g)	09/20/2051		363,547
	33,302,954	Series 2021-160-WI		2.50	%(f)	09/20/2051		4,553,776
	38,146,938	Series 2021-160-XI		3.00	%(f)	09/20/2051		6,094,107
	40,671,940	Series 2021-161-KI		3.50	%(f)	09/20/2051		7,784,081
	75,100,340	Series 2021-161-UI		3.00	%(f)	09/20/2051		11,966,556
	40,299,195	Series 2021-161-VI		3.00	%(f)	09/20/2051		5,365,257
	26,757,916	Series 2021-162-DI		3.00	%(f)	09/20/2051		4,280,892
	22,228,650	Series 2021-165-GI		2.50	%(f)	09/20/2051		3,382,340
	14,931,394	Series 2021-170-IO		0.99	%(b)(f)	05/16/2063		1,109,128
	37,606,628	Series 2021-175-IM		3.00	%(f)	10/20/2051		5,161,728
	14,693,816	Series 2021-175-IN		2.50	%(f)	07/20/2051		1,930,957
	49,356,572	Series 2021-175-IU		2.50	%(f)	09/20/2051		7,116,497
	40,941,531	Series 2021-176-TI		4.00	%(f)	10/20/2051		6,590,858
	109,900,075	Series 2021-177-IA		2.50	%(f)	10/20/2051		16,270,080
	56,892,934	Series 2021-180-IO		0.91	%(b)(f)	11/16/2063		3,985,430
	68,300,135	Series 2021-184-IO		0.88	%(b)(f)	12/16/2061		4,574,005
	25,734,937	Series 2021-188-IA		3.00	%(f)	10/20/2051		4,122,732
	45,898,562	Series 2021-188-IN		2.50	%(f)	10/20/2051		6,673,252
	31,824,145	Series 2021-188-IT		2.50	%(f)	10/20/2051		4,975,972
	21,721,587	Series 2021-188-IW		3.00	%(f)	10/20/2051		3,334,750
	155,031,817	Series 2021-189-IO		0.88	%(b)(f)	06/16/2061		10,353,459
	22,029,568	Series 2021-191-BI		2.50	%(f)	10/20/2051		3,246,522
	43,683,519	Series 2021-191-CI		2.50	%(f)	10/20/2051		6,285,277
	27,361,635	Series 2021-192-AI		3.00	%(f)	10/20/2051		4,422,130
	55,302,616	Series 2021-193-I		3.00	%(f)	06/20/2051		8,863,931
	4,071,448	Series 2021-193-SW (-1 x 30 day avg SOFR US + 2.55%, 0.00% Floor, 2.55% Cap)		0.00	%(f)(g)	11/20/2051		11,061
	66,136,724	Series 2021-196-IO		2.50	%(f)	11/20/2051		9,275,146

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	61,246,704	Series 2021-2-IO		0.88	%(b)(f)	06/16/2063		3,989,745
	31,077,157	Series 2021-20-IO		1.15	%(b)(f)	08/16/2062		2,460,236
	84,593,482	Series 2021-200-IO		0.89	%(b)(f)	11/16/2063		5,812,714
	162,409,679	Series 2021-204-IO		0.88	%(b)(f)	01/16/2064		11,215,217
	24,046,653	Series 2021-205-DI		2.50	%(f)	11/20/2051		3,476,475
	177,385,319	Series 2021-208-IO		0.76	%(b)(f)	06/16/2064		9,691,731
	179,506,711	Series 2021-210-IO		0.98	%(b)(f)	05/16/2062		13,043,963
	51,383,902	Series 2021-211-IO		0.97	%(b)(f)	01/16/2063		3,561,619
	31,104,161	Series 2021-213-IH		3.00	%(f)	12/20/2051		5,015,023
	290,631,147	Series 2021-219-IO		0.76	%(b)(f)	02/16/2064		17,057,462
	261,153,564	Series 2021-22-IO		0.97	%(b)(f)	05/16/2063		18,110,033
	8,743,259	Series 2021-226-TI		2.50	%(f)	12/20/2051		1,287,315
	68,785,546	Series 2021-24-XI		2.00	%(f)	02/20/2051		8,485,110
	31,077,815	Series 2021-24-YD		1.20	%	02/20/2051		23,446,350
	10,635,492	Series 2021-25-EI		2.50	%(f)	02/20/2051		1,394,352
	19,879,598	Series 2021-30-IB		2.50	%(f)	02/20/2051		2,893,935
	24,243,549	Series 2021-30-WI		2.50	%(f)	02/20/2051		3,397,479
	25,900,523	Series 2021-35-IO		1.03	%(b)(f)	12/16/2062		1,937,551
	75,258,548	Series 2021-35-IX		1.20	%(b)(f)	12/16/2062		6,440,175
	32,238,244	Series 2021-40-IO		0.82	%(b)(f)	02/16/2063		1,978,164
	577,605,822	Series 2021-45-IO		0.81	%(b)(f)	04/16/2063		35,270,344
	31,020,461	Series 2021-49-NI		2.50	%(f)	03/20/2051		3,702,503
	42,721,887	Series 2021-49-QI		2.50	%(f)	03/20/2049		4,036,744
	28,223,128	Series 2021-52-IO		0.72	%(b)(f)	04/16/2063		1,463,189
	67,724,052	Series 2021-57-JI		3.00	%(f)	03/20/2051		11,354,845
	7,571,281	Series 2021-58-HP		3.00	%	08/20/2050		6,526,525
	93,850,639	Series 2021-58-IE		3.00	%(f)	07/20/2050		15,734,294
	202,447,472	Series 2021-60-IO		0.83	%(b)(f)	05/16/2063		12,377,719
	73,069,561	Series 2021-64-IG		3.00	%(f)	04/20/2051		12,263,608
	232,917,484	Series 2021-65-IO		0.89	%(b)(f)	08/16/2063		15,310,342
	37,035,417	Series 2021-7-IP		3.50	%(f)	07/20/2050		6,548,369
	84,736,086	Series 2021-7-KI		2.50	%(f)	01/20/2051		11,816,744
	54,422,313	Series 2021-7-MI		2.50	%(f)	01/20/2051		7,933,554
	328,543,046	Series 2021-70-IO		0.71	%(b)(f)	04/16/2063		17,551,985
	155,219,937	Series 2021-71-IO		0.86	%(b)(f)	10/16/2062		10,104,632
	156,181,151	Series 2021-72-IO		0.57	%(b)(f)	01/16/2061		6,714,930
	96,648,264	Series 2021-74-CI		3.00	%(f)	12/20/2050		15,033,000
	94,119,834	Series 2021-77-SJ (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%(f)(g)	05/20/2051		1,407,807
	10,668,127	Series 2021-78-IC		4.00	%(f)	05/20/2051		2,048,126
	58,256,474	Series 2021-80-IO		0.90	%(b)(f)	12/16/2062		3,988,302
	306,839,296	Series 2021-85-IO		0.68	%(b)(f)	03/16/2063		15,880,192
	43,545,677	Series 2021-87-ET		2.00	%	05/20/2051		35,238,285
	56,221,923	Series 2021-9-AI		2.00	%(f)	01/20/2051		5,498,380
	105,762,041	Series 2021-9-MI		2.50	%(f)	01/20/2051		15,647,822
	31,874,523	Series 2021-94-IO		0.83	%(b)(f)	02/16/2063		1,981,744
	41,018,750	Series 2021-96-TS (-1 x 30 day avg SOFR US + 3.25%, 0.00% Floor, 3.25% Cap)		0.00	%(f)(g)	06/20/2051		511,274
	38,534,913	Series 2021-97-NI		2.50	%(f)	08/20/2049		3,806,775
	32,038,754	Series 2021-97-SH (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%(f)(g)	06/20/2051		517,202
	102,338,414	Series 2021-98-IG		3.00	%(f)	06/20/2051		16,388,371
	23,464,351	Series 2021-98-MI		2.50	%(f)	06/20/2051		3,140,194
	25,231,194	Series 2021-98-SB (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	06/20/2051		2,793,444
	64,492,020	Series 2021-98-ST (-1 x 30 day avg SOFR US + 2.73%, 0.00% Floor, 2.73% Cap)		0.00	%(f)(g)	03/20/2051		130,151
	8,039,141	Series 2021-98-SW (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(f)(g)	06/20/2051		858,674
	40,782,130	Series 2021-99-IO		0.59	%(b)(f)	05/16/2061		1,804,650
	200,831,094	Series 2022-102-IO		0.48	%(b)(f)	06/16/2064		8,016,997
	61,556,145	Series 2022-137-DI		2.50	%(f)	02/20/2051		9,272,331
	63,162,278	Series 2022-137-EI		2.50	%(f)	06/20/2051		9,418,879
	82,327,813	Series 2022-137-IO		3.00	%(f)	01/20/2052		10,951,345

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	112,843,793	Series 2022-14-IO		0.66	%(b)(f)	12/01/2061		5,266,375
	86,416,550	Series 2022-141-IO		0.78	%(b)(f)	06/16/2064		5,707,286
	95,341,728	Series 2022-158-IO		0.88	%(b)(f)	08/16/2064		6,990,446
	26,997,223	Series 2022-160-ZD		3.00	%(h)	11/20/2047		22,509,472
	61,095,266	Series 2022-167-IO		0.82	%(b)(f)	08/16/2065		3,845,898
	131,374,016	Series 2022-169-IO		0.89	%(b)(f)	01/16/2062		9,597,818
	13,076,011	Series 2022-183-B		5.00	%	04/20/2047		13,116,690
	79,845,817	Series 2022-188-IO		2.50	%(f)	02/20/2051		11,662,655
	79,398,878	Series 2022-202-IO		0.72	%(b)(f)	10/16/2063		4,862,554
	77,881,435	Series 2022-207-EI		3.50	%(f)	02/20/2052		14,069,974
	81,568,227	Series 2022-207-IO		3.00	%(f)	08/20/2051		13,971,683
	73,329,466	Series 2022-21-IO		0.78	%(b)(f)	10/16/2063		4,203,832
	51,835,102	Series 2022-218-IO		3.50	%(f)	01/20/2052		9,990,081
	12,265,829	Series 2022-23-BA		3.00	%	05/20/2049		11,110,110
	143,193,436	Series 2022-27-IO		0.75	%(b)(f)	03/16/2064		7,624,062
	91,635,462	Series 2022-35-IO		0.55	%(b)(f)	10/16/2063		4,234,172
	141,216,637	Series 2022-38-IO		0.72	%(b)(f)	04/16/2064		7,351,526
	407,842,189	Series 2022-39-IO		0.62	%(b)(f)	01/16/2064		20,731,516
	119,767,989	Series 2022-42-IO		0.67	%(b)(f)	12/16/2063		5,997,873
	22,562,879	Series 2022-44-TY		2.00	%	12/20/2051		17,578,042
	58,431,726	Series 2022-48-IO		0.71	%(b)(f)	01/16/2064		3,440,098
	65,574,841	Series 2022-49-IO		0.76	%(b)(f)	03/16/2064		3,527,435
	123,355,544	Series 2022-54-IO		0.59	%(b)(f)	10/16/2063		5,629,022
	31,831,386	Series 2022-56-HI		2.50	%(f)	01/20/2052		4,465,816
	77,588,825	Series 2022-62-IO		0.62	%(b)(f)	06/16/2064		3,807,051
	203,723,592	Series 2022-71-IO		0.55	%(b)(f)	06/16/2064		8,533,166
	271,170,012	Series 2022-72-DI		0.58	%(b)(f)	06/16/2064		12,196,929
	96,312,616	Series 2022-73-IO		0.56	%(b)(f)	07/16/2064		4,742,366
	5,944,000	Series 2022-78-HW		2.50	%	04/20/2052		4,455,052
	246,187,306	Series 2022-79-IO		0.69	%(b)(f)	08/16/2064		14,556,834
	188,403,073	Series 2022-8-IO		0.86	%(b)(f)	09/16/2063		11,364,982
	122,793,726	Series 2022-83-IO		2.50	%(f)	11/20/2051		18,064,480
	123,791,717	Series 2022-86-IO		0.53	%(b)(f)	10/16/2063		5,287,763
	55,806,644	Series 2022-9-EI		3.00	%(f)	01/20/2052		7,767,364
	96,159,639	Series 2022-91-IO		0.43	%(b)(f)	07/16/2064		3,934,506
	454,431,388	Series 2023-108-IO		0.69	%(b)(f)	08/16/2059		16,875,537
	50,679,842	Series 2023-118-IO		0.65	%(b)(f)	05/16/2065		2,636,350
	42,909,940	Series 2023-121-IB		0.87	%(b)(f)	03/16/2064		2,958,615
	10,739,209	Series 2023-140-AS (-2 x 30 day avg SOFR US + 13.00%, 0.00% Floor, 13.00% Cap)		3.79	%(g)	09/20/2053		10,505,495
	48,752,711	Series 2023-16-IO		0.90	%(b)(f)	07/16/2063		3,207,948
	23,178,926	Series 2023-164-BV		3.00	%	01/20/2052		19,565,684
	39,365,985	Series 2023-173-GB		3.50	%	11/20/2053		33,093,114
	424,774,967	Series 2023-179-IO		0.61	%(b)(f)	09/16/2063		18,156,709
	11,311,715	Series 2023-187-ZP		3.00	%(h)	11/20/2051		6,545,928
	167,935,547	Series 2023-19-IO		2.50	%(f)	02/20/2051		24,738,972
	24,693,409	Series 2023-196-DZ		4.50	%(h)	12/20/2053		21,256,635
	29,889,687	Series 2023-24-IH		3.50	%(f)	07/20/2051		5,612,500
	72,552,548	Series 2023-50-IO		0.86	%(b)(f)	06/16/2064		4,692,024
	30,893,838	Series 2023-58-IO		2.50	%(f)	10/20/2050		4,223,052
	34,075,883	Series 2023-60-PT		4.00	%	10/20/2049		31,104,337
	54,738,556	Series 2023-77-IO		0.70	%(b)(f)	04/16/2065		3,123,426
	11,910,833	Series 2023-88-IO		0.92	%(b)(f)	03/16/2065		839,128
	12,116,690	Series 2024-1-CZ		3.00	%(h)	01/20/2050		8,778,065
	20,190,026	Series 2024-111-FM (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.80	%	07/20/2054		20,269,659
	30,493,756	Series 2024-143-IO		3.50	%(f)	02/20/2048		4,731,423
	99,901,276	Series 2024-150-IO		0.97	%(b)(f)	09/16/2066		7,851,241
	199,343,510	Series 2024-161-IO		0.74	%(b)(f)	06/16/2064		11,070,083
	26,492,937	Series 2024-19-EZ		5.00	%(h)	12/20/2063		24,898,325
	24,151,839	Series 2024-20-LB		2.50	%	11/20/2051		15,885,945
	22,451,130	Series 2024-20-LI		2.50	%(f)	11/20/2051		3,289,185
	49,200,724	Series 2024-24-BI		3.00	%(f)	12/20/2051		7,908,377

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	17,800,216	Series 2024-40-FE (30 day avg SOFR US + 1.00%, 1.00% Floor, 7.00% Cap)		5.60	%	03/20/2054		17,833,658
	77,011,263	Series 2024-47-IO		0.74	%(b)(f)	10/16/2065		4,957,408
	49,860,286	Series 2024-67-AI		0.74	%(b)(f)	10/16/2065		3,166,048
	30,350,384	Series 2024-78-FH (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.85	%	05/20/2054		30,432,172
	85,900,380	Series 2024-86-IA		0.90	%(b)(f)	08/16/2065		6,012,013
		Total US Government and Agency Mortgage Backed Obligations (Cost $16,982,393,197)						15,496,249,008
	US GOVERNMENT AND AGENCY OBLIGATIONS - 3.2%
	300,205,000	United States Treasury Note/Bond		1.13	%	05/15/2040		180,745,925
	192,386,000	United States Treasury Note/Bond		1.13	%	08/15/2040		114,825,996
	335,238,000	United States Treasury Note/Bond		1.38	%	11/15/2040		207,634,892
	320,590,000	United States Treasury Note/Bond		1.88	%	02/15/2041		214,898,196
	148,600,000	United States Treasury Note/Bond		1.75	%	08/15/2041		96,284,388
	19,400,000	United States Treasury Note/Bond		2.00	%	11/15/2041		13,036,532
	186,150,000	United States Treasury Note/Bond		2.50	%	02/15/2045		129,213,364
		Total US Government and Agency Obligations (Cost $984,236,238)						956,639,293
	SHORT TERM INVESTMENTS - 1.2%
	117,977,753	First American Government Obligations Fund - U		4.41	%(l)			117,977,753
	117,977,753	JPMorgan US Government Money Market Fund - IM		4.44	%(l)			117,977,753
	117,977,754	MSILF Government Portfolio - Institutional		4.42	%(l)			117,977,754
		Total Short Term Investments (Cost $353,933,260)						353,933,260
		Total Investments - 99.3% (Cost $33,953,403,082)						29,583,976,680
		Other Assets in Excess of Liabilities - 0.7%						206,861,088
		NET ASSETS - 100.0%					$	29,790,837,768

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	52.0	%
Non-Agency Residential Collateralized Mortgage Obligations	24.5	%
Non-Agency Commercial Mortgage Backed Obligations	7.8	%
Asset Backed Obligations	5.6	%
Collateralized Loan Obligations	5.0	%
US Government and Agency Obligations	3.2	%
Short Term Investments	1.2	%
Other Assets and Liabilities	0.7	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $8,718,495,192 or 29.3% of the Fund’s net assets.
(b)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)	Value determined using significant unobservable inputs.
(d)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(e)	Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid. The interest rate disclosed reflects the estimated rate in effect as of period end.
(f)	Interest only security
(g)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(h)	This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.
(i)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(j)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(k)	Principal only security
(l)	Seven-day yield as of period end.

COFI	Cost of Funds Index
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate

Futures Contracts
Description	Long/ Short	Contract Quantity	Expiration  Date		Notional Amount(1)			Unrealized Appreciation (Depreciation)/ Value
10 Year U.S. Ultra Treasury Notes	Short	(36,000)	3/20/2025	$	(4,060,627,746	)	$	53,377,746
U.S. Treasury 2 Year Notes	Long	63,000	3/31/2025		12,951,949,056			1,441,632
U.S. Treasury 5 Year Notes	Long	12,000	3/31/2025		1,281,244,707			(5,588,451	)
U.S. Treasury Ultra Bonds	Long	5,675	3/20/2025		696,411,311			(21,618,343	)
U.S. Treasury Long Bonds	Long	26,000	3/20/2025		3,029,019,274			(69,081,773	)
							$	(41,469,189	)

(1) Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.

DoubleLine Core Fixed Income Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
ASSET BACKED OBLIGATIONS - 3.6%
		Aaset Trust
	2,473,725	Series 2021-2A-B		3.54	%(a)	01/15/2047		2,248,158
		Apollo Aviation Securitization Equity Trust
	7,857,112	Series 2024-1A-B		6.90	%(a)	05/16/2049		7,989,560
	5,896,578	Series 2024-2A-A		5.93	%(a)	09/16/2049		5,876,948
		Carbon Level Mitigation Trust
	18,924,383	Series 2021-5-CERT		0.61	%(a)	10/13/2051		11,394,201
		Carvana Auto Receivables Trust
	5,450,000	Series 2024-P3-A4		4.31	%	09/10/2030		5,343,557
		Castlelake Aircraft Securitization Trust
	4,386,350	Series 2021-1A-A		3.47	%(a)	01/15/2046		4,218,976
		Compass Datacenters LLC
	5,340,000	Series 2024-1A-A1		5.25	%(a)	02/25/2049		5,317,164
		Diamond Infrastructure Funding LLC
	3,000,000	Series 2021-1A-C		3.48	%(a)	04/15/2049		2,789,142
		DigitalBridge Group, Inc.
	6,500,000	Series 2023-1A-A2A		5.00	%(a)	09/15/2048		6,402,225
		Exeter Automobile Receivables Trust
	2,172,221	Series 2021-1A-D		1.08	%	11/16/2026		2,151,001
	8,500,000	Series 2021-1A-E		2.21	%(a)	02/15/2028		8,331,920
		FWEA
	5,747,449	Series 2024-1-A		7.15	%(b)	08/25/2044		5,762,967
		GreenSky Home Improvement Issuer Trust
	1,850,000	Series 2024-2-C		5.55	%(a)	10/27/2059		1,847,685
		Hardee’s Funding
	3,473,750	Series 2024-1A-A2		7.25	%(a)	03/20/2054		3,555,532
		Helios Issuer LLC
	3,965,704	Series 2018-1A-A		4.87	%(a)	07/20/2048		3,615,551
	4,671,677	Series 2020-1A-A		3.35	%(a)	02/01/2055		3,924,373
		HERO Funding Trust
	1,063,740	Series 2016-1A-A		4.05	%(a)	09/20/2041		991,295
		Horizon Aircraft Finance Ltd.
	1,292,558	Series 2019-2-A		3.43	%(a)	11/15/2039		1,211,459
	4,443,750	Series 2024-1-A		5.38	%(a)	09/15/2049		4,325,813
		Hyundai Auto Receivables Trust
	5,200,000	Series 2024-C-C		4.86	%	02/17/2032		5,146,341
		ITE Rail Fund LP
	12,037,070	Series 2021-1A-A		2.25	%(a)	02/28/2051		10,955,804
		MACH 1 Cayman Ltd.
	7,918,985	Series 2019-1-A		3.47	%(a)	10/15/2039		7,637,108
		Mosaic Solar Loans LLC
	791,850	Series 2018-1A-A		4.01	%(a)	06/22/2043		738,720
	1,061,517	Series 2019-2A-B		3.28	%(a)	09/20/2040		944,199
		Navient Student Loan Trust
	4,701,177	Series 2018-A-B		3.68	%(a)	02/18/2042		4,592,358
		NBC Funding LLC
	3,491,250	Series 2024-1A-A2		6.75	%(a)	07/30/2054		3,550,428
		NP Railcar Holdings LLC
	2,288,967	Series 2016-1A-A1		4.16	%(a)	04/20/2046		2,271,810
	4,982,952	Series 2019-1A-A2		3.24	%(a)	09/20/2049		4,790,217
		Pagaya AI Debt Selection Trust
	1,507,746	Series 2021-2-NOTE		3.00	%(a)	01/25/2029		1,489,873
		Primrose Holdings, Inc.
	19,250,000	Series 2019-1A-A2		4.48	%(a)	07/30/2049		18,924,028
		Sapphire Aviation Finance Ltd.
	2,613,180	Series 2020-1A-A		3.23	%(a)	03/15/2040		2,468,491
		SEB Funding LLC
	4,987,500	Series 2021-1A-A2		4.97	%(a)	01/30/2052		4,868,150

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		SERVPRO Master Issuer LLC
	950,000	Series 2019-1A-A2		3.88	%(a)	10/25/2049		923,996
		Shenton Aircraft Investment Ltd.
	894,459	Series 2015-1A-A		4.75	%(a)	10/15/2042		841,229
		SOFI Alternative Trust
	1,087,909	Series 2021-1-PT1		9.72	%(a)(c)	05/25/2030		1,079,735
	1,480,421	Series 2021-2-A		1.25	%(a)	08/15/2030		1,458,252
	75,000	Series 2021-2-R1		0.00	%(a)(b)(d)	08/15/2030		313,452
		Start Ltd./Bermuda
	1,566,338	Series 2019-1-A		4.09	%(a)	03/15/2044		1,544,974
		Start/Bermuda
	1,768,823	Series 2018-1-A		4.09	%(a)	05/15/2043		1,754,294
		Subway Funding LLC
	4,500,000	Series 2024-1A-A23		6.51	%(a)	07/30/2054		4,631,043
	5,000,000	Series 2024-3A-A23		5.91	%(a)	07/30/2054		4,901,070
		Sunrun, Inc.
	4,224,178	Series 2019-2-A		3.61	%(a)	02/01/2055		3,933,546
	9,908,332	Series 2020-1A-A		2.21	%(a)	07/31/2051		8,788,828
		Switch ABS Issuer LLC
	6,000,000	Series 2024-2A-A2		5.44	%(a)	06/25/2054		5,989,481
		Tesla Sustainable Energy Trust
	3,600,000	Series 2024-1A-B		5.82	%(a)	06/21/2050		3,581,978
		Upgrade Master Pass-Thru Trust
	245,542	Series 2021-PT3-A		16.43	%(a)(c)	07/15/2027		227,626
	1,040,126	Series 2021-PT4-A		11.79	%(a)(c)	08/15/2027		958,551
		Upstart Pass-Through Trust Series
	488,202	Series 2021-ST2-A		2.50	%(a)	04/20/2027		482,882
		Upstart Securitization Trust
	6,828,561	Series 2021-2-C		3.61	%(a)	06/20/2031		6,758,097
	3,279,442	Series 2021-3-C		3.28	%(a)	07/20/2031		3,229,258
	863,683	Series 2021-4-B		1.84	%(a)	09/20/2031		861,384
	15,550,000	Series 2021-4-C		3.19	%(a)	09/20/2031		15,042,051
	4,736,857	Series 2023-3-A		6.90	%(a)	10/20/2033		4,778,437
		USASF Receivables LLC
	2,104,551	Series 2021-1A-C		2.20	%(a)	05/15/2026		1,975,078
		Vantage Data Centers Holding LLC
	8,000,000	Series 2020-2A-A2		1.99	%(a)	09/15/2045		7,307,105
		WAVE USA
	7,614,292	Series 2019-1-A		3.60	%(a)	09/15/2044		7,151,793
		Total Asset Backed Obligations (Cost $256,397,941)						244,189,194
BANK LOANS - 3.3%
		AAdvantage Loyalty IP Ltd.
	920,500	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.75%, 0.75% Floor)		9.63	%	04/20/2028		946,545
		ABG Intermediate Holdings 2 LLC
	95,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.25%)		6.59	%	12/21/2028		95,490
		Access CIG LLC
	662,761	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.50% Floor)		9.59	%	08/18/2028		670,038
		Acrisure LLC
	1,536,952	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.36	%	11/06/2030		1,541,394
		Acuris Finance US, Inc.
	651,650	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.08	%	02/16/2028		656,762
		ADMI Corp.
	546,527	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.22	%	12/23/2027		538,329
	737,550	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.75%, 0.00% Floor)		10.11	%	12/23/2027		742,160
		AI Aqua Merger Sub, Inc.
	1,527,585	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		8.05	%	07/31/2028		1,530,777

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Air Canada
	431,738	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.34	%	03/21/2031		434,302
		AlixPartners LLP
	1,056,092	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		6.97	%	02/04/2028		1,061,520
		Alliant Holdings Intermediate LLC
	1,115,026	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	09/19/2031		1,119,274
		Allied Universal Holdco LLC
	1,758,545	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.21	%	05/15/2028		1,766,476
		Allspring Buyer LLC
	1,424,188	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.44	%	11/01/2030		1,428,283
		Alpha Generation LLC
	857,850	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	09/30/2031		864,927
		Alterra Mountain Co.
	1,126,542	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	08/17/2028		1,135,346
	574,572	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	05/31/2030		580,321
		Altice France SA
	982,122	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.50%, 0.00% Floor)		10.16	%	08/31/2028		791,345
		Amentum Holdings, Inc.
	1,040,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	09/29/2031		1,037,613
		Apple Bidco LLC
	921,500	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.50% Floor)		7.22	%	09/25/2028		927,914
		Applied Systems, Inc.
	447,750	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.33	%	02/24/2031		452,610
	330,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 5.25%, 0.00% Floor)		9.85	%	02/23/2032		340,077
		Apro LLC
	832,913	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.27	%	07/09/2031		842,108
		Arches Buyer, Inc.
	240,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.71	%	12/06/2027		234,917
		Ardonagh Group Finco Pty Ltd.
	26,671	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.08	%	02/18/2031		26,871
	127,194	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.00% Floor)		8.53	%	02/18/2031		128,148
	303,572	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.00% Floor)		8.53	%	02/18/2031		305,849
		Arsenal AIC Parent LLC
	119,400	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	08/19/2030		120,564
		Artera Services LLC
	446,723	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.00% Floor)		8.83	%	02/10/2031		443,589
		Ascend Learning LLC
	575,393	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.96	%	12/11/2028		579,216
	594,057	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.96	%	12/11/2028		598,005
	356,328	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.75%, 0.50% Floor)		10.21	%	12/10/2029		354,324
		Aspire Bakeries Holdings LLC
	693,254	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	12/23/2030		701,053

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		AssuredPartners, Inc.
	1,399,749	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	02/14/2031		1,404,340
		Astra Acquisition Corp.
	699,785	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 8.88%, 0.75% Floor)		13.47	%	10/25/2029		49,422
		Asurion LLC
	551,407	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.72	%	07/30/2027		550,847
	295,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.94	%	02/03/2028		288,995
	123,145	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.71	%	08/21/2028		123,409
	485,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.72	%	01/22/2029		469,577
	1,005,043	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.25%)		8.61	%	09/19/2030		1,003,786
		AthenaHealth Group, Inc.
	1,536,328	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	02/15/2029		1,543,188
		Aveanna Healthcare LLC
	1,167,639	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.36	%	07/17/2028		1,159,833
	243,366	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 7.00%, 0.50% Floor)		11.66	%	12/10/2029		235,456
		Bally’s Corp.
	846,959	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.50% Floor)		8.14	%	10/02/2028		803,133
		Bausch + Lomb Corp.
	1,557,483	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.69	%	05/10/2027		1,565,340
	553,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.00% Floor)		8.33	%	09/29/2028		556,630
		BCP Renaissance Parent LLC
	1,014,197	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.33	%	10/31/2028		1,024,445
		BCPE Empire Holdings, Inc.
	2,415,129	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	12/26/2028		2,431,491
		Belron Finance LLC
	708,225	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%, 0.50% Floor)		7.27	%	10/16/2031		715,863
		Boost Newco Borrower LLC
	1,281,788	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		6.83	%	01/31/2031		1,291,138
		Boxer Parent Co., Inc.
	3,455,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.34	%	07/30/2031		3,487,788
	520,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 5.75%, 0.00% Floor)		10.34	%	07/30/2032		513,068
		Brand Industrial Services, Inc.
	939,873	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.50% Floor)		9.07	%	08/01/2030		916,465
		Brazos Delaware II LLC
	114,138	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)		8.25	%	02/11/2030		115,074
		BroadStreet Partners, Inc.
	82,689	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	06/13/2031		83,068
	807,805	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	06/16/2031		811,513
		Brown Group Holding LLC
	863,681	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		7.12	%	07/01/2031		867,935
	311,496	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		7.12	%	07/01/2031		313,030

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Camelot US Acquisition LLC
	19,433	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	01/31/2031		19,442
	916,439	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	01/31/2031		916,870
	212,535	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	01/31/2031		212,635
		Carnival Corp.
	162,974	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.75% Floor)		7.11	%	08/09/2027		164,375
	1,364,793	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.75% Floor)		7.11	%	10/18/2028		1,376,312
		Castle US Holding Corp.
	330,207	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.53	%	01/29/2027		196,708
		Castlelake Aviation One LLC
	1,260,481	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.50% Floor)		6.86	%	10/22/2026		1,264,735
	662	Senior Secured First Lien Term Loan (3 mo. LIBOR US + 2.75%, 0.50% Floor)		8.42	%(e)	10/22/2026		665
		Cengage Learning, Inc.
	198,784	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 1.00% Floor)		7.86	%	11/24/2031		200,062
	343,491	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 1.00% Floor)		8.01	%	11/24/2031		345,700
		Central Parent LLC
	2,686,629	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.85	%	07/06/2029		2,654,564
		Chariot Buyer LLC
	895,249	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.71	%	11/03/2028		901,686
		Charter Next Generation, Inc.
	562,462	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.75% Floor)		7.53	%	12/02/2030		566,200
		CHG Healthcare Services, Inc.
	592,010	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.28	%	09/29/2028		597,682
		CHG PPC Parent LLC
	1,966,586	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.47	%	12/08/2028		1,980,116
		Clarios Global LP
	1,536,150	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	05/06/2030		1,544,407
		Cloud Software Group, Inc.
	1,714	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.83	%	03/29/2029		1,721
	683,712	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		7.83	%	03/29/2029		686,587
	715,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.31	%	03/24/2031		718,192
		ClubCorp Holdings, Inc.
	32,080	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.00% Floor)		9.33	%	09/18/2026		32,218
	786,604	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.00% Floor)		9.33	%	09/18/2026		789,966
		Clydesdale Acquisition Holdings, Inc.
	851,440	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.18%, 0.50% Floor)		7.53	%	04/13/2029		854,101
		CMG Media Corp.
	248,654	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.93	%	06/18/2029		224,286
		CNT Holdings I Corp.
	173,250	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.75% Floor)		8.09	%	11/08/2027		174,599
		Columbus McKinnon Corp./NY
	112,210	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.50% Floor)		6.83	%	05/15/2028		113,051

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		CommScope T/L
	0	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.50%, 0.00% Floor)		9.86	%	12/18/2029		–
	705,983	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.50%, 0.00% Floor)		9.86	%	12/18/2029		685,402
		Compass Power Generation LLC
	1,499,348	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.00% Floor)		8.11	%	04/16/2029		1,514,342
		Connect Finco SARL
	232,577	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	12/11/2026		230,761
		Conservice Midco LLC
	981,795	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.00% Floor)		7.86	%	05/13/2027		990,386
		Constant Contact, Inc.
	964,362	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)		8.92	%	02/10/2028		866,721
		Construction Partners, Inc.
	830,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)		6.84	%	11/03/2031		835,710
		CoreLogic, Inc.
	343,610	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		8.19	%	06/02/2028		339,898
		Cornerstone Building Brands, Inc.
	554,911	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.75	%	04/12/2028		531,466
	124,688	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.50% Floor)		8.90	%	05/15/2031		120,441
		Cornerstone Generation LLC
	1,165,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%)		7.65	%	10/28/2031		1,176,650
		Cornerstone OnDemand, Inc.
	706,887	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.22	%	10/16/2028		624,182
		Cotiviti, Inc.
	1,146,477	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.30	%	04/30/2031		1,154,364
		CPI Holdco B LLC
	329,175	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	05/19/2031		328,910
	415,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.25%)		6.65	%	05/19/2031		415,390
		CPPIB OVM Member US LLC
	389,025	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.58	%	08/20/2031		392,065
		CQP Holdco LP
	970,554	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.50% Floor)		6.33	%	12/31/2030		973,345
		Crosby US Acquisition Corp.
	416,358	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		8.07	%	08/16/2029		421,148
		Cross Financial Corp.
	821,426	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	10/31/2031		827,587
		Crown Equipment Corp.
	830,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)		6.94	%	10/10/2031		836,744
		Crown Finance US, Inc.
	715,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.80	%	12/02/2031		716,230
		CSC Holdings LLC
	962,370	Senior Secured First Lien Term Loan (1 Month Synthetic LIBOR + 2.50%, 0.00% Floor)		7.17	%(e)	04/15/2027		890,193
		Cube A&D Buyer, Inc.
	910,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.13	%	10/20/2031		917,203
		Curium Bidco Sarl
	687,404	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	07/31/2029		695,570
	203,712	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	07/31/2029		206,132
	458,474	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	07/31/2029		463,921

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Cyborg Oldco DC Holdings, Inc.
	372,286	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		7.30	%(b)(f)	05/01/2026		2,048
		Dcert Buyer, Inc.
	479,539	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)		8.36	%	10/16/2026		461,894
	254,379	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 7.00%, 0.00% Floor)		11.36	%	02/16/2029		207,319
		Deerfield Dakota Holding LLC
	1,404,461	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 1.00% Floor)		8.35	%	04/09/2027		1,376,814
		Dexko Global, Inc.
	742,712	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.34	%	10/04/2028		704,006
		DG Investment Intermediate Holdings 2, Inc.
	1,228,720	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.22	%	03/31/2028		1,243,311
	250,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 6.75%, 0.75% Floor)		11.22	%	03/29/2029		249,493
		Directv Financing LLC
	548,821	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.75% Floor)		9.85	%	08/02/2027		551,617
	229,330	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.25%, 0.75% Floor)		10.10	%	08/02/2029		225,621
		Dun & Bradstreet Corp.
	767,289	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.59	%	01/18/2029		768,728
		Dynasty Acquisition Co., Inc.
	187,378	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%)		6.61	%	10/31/2031		188,476
	492,622	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	10/31/2031		495,509
		EAB Global, Inc.
	1,007,388	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	08/16/2028		1,012,550
		Ecovyst Catalyst Technologies LLC
	251,791	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.84	%	06/12/2031		253,228
	652,793	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.84	%	06/12/2031		656,517
		Edelman Financial Engines Center LLC
	465,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.61	%	10/06/2028		469,797
		Edelman Financial Engines Center T/L
	1,905,012	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%)		7.38	%	04/07/2028		1,918,899
		Edgewater Generation LLC
	506,667	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	08/01/2030		514,449
		EG America LLC
	627,373	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	02/07/2028		632,675
		Eisner Advisory Group LLC
	916,470	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.50% Floor)		8.36	%	02/28/2031		928,090
		Element Materials Technology Group US Holdings, Inc.
	1,151,251	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.08	%	06/25/2029		1,160,248
		Ellucian Holdings, Inc.
	1,243,344	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	10/29/2029		1,253,291
	55,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.11	%	11/22/2032		56,192
		Emrld Borrower LP
	818,588	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		6.83	%	08/04/2031		822,852

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Everi Holdings, Inc.
	453,071	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		6.97	%	08/03/2028		454,738
		Fertitta Entertainment LLC/NV
	2,311,359	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	01/29/2029		2,322,800
		FinThrive Software Intermediate Holdings, Inc.
	425,638	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.50% Floor)		8.50	%	12/18/2028		286,816
		First Advantage Holdings LLC
	1,379,598	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	10/31/2031		1,395,980
		Focus Financial Partners LLC
	2,099,508	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	09/17/2031		2,121,416
		Foresight Energy LLC
	478,973	Senior Secured First Lien Term Loan (3 mo. SOFR US + 8.00%, 1.50% Floor)		12.43	%(b)	06/30/2027		380,783
		Fortrea Holdings, Inc.
	59,794	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.50% Floor)		8.49	%	07/01/2030		60,392
		Freeport LNG Investments LLLP
	699,744	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		7.84	%	12/21/2028		703,953
		Frontdoor, Inc.
	270,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	12/19/2031		271,350
		Frontier Communications Holdings LLC
	937,650	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.76	%	07/01/2031		950,543
		Gainwell Acquisition Corp.
	1,917,109	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)		8.69	%	10/01/2027		1,861,724
		Garda World Security Corp.
	1,539,691	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.00% Floor)		7.90	%	02/01/2029		1,548,359
		GBT US III LLC
	375,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.63	%	07/28/2031		377,297
		GIP II Blue Holding LP
	353,323	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 1.00% Floor)		8.11	%	09/29/2028		356,268
		GIP Pilot Acquisition Partners LP
	461,920	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		7.09	%	10/04/2030		465,385
		Gogo Intermediate Holdings LLC
	733,261	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.22	%	04/28/2028		697,742
		Golden State Foods LLC
	575,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.77	%	12/04/2031		580,839
		Graham Packaging Co., Inc.
	1,120,812	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	08/04/2027		1,124,864
		Grant Thornton Advisors Holdings LLC
	200,543	Senior Secured Term Loan (1 mo. Term SOFR + 2.75%)		7.13	%	05/30/2031		200,838
		Grant Thornton LLP/Chicago
	678,300	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.82	%	05/30/2031		679,297
		Gray Television, Inc.
	625,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		7.67	%	12/01/2028		579,181
		Great Outdoors Group LLC
	1,270,145	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.22	%	03/06/2028		1,278,719
		Greystone Select Financial LLC
	372,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.75% Floor)		9.88	%	06/19/2028		371,070

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Grifols Worldwide Operations USA, Inc.
	570,631	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.74	%	11/15/2027		569,241
		Hamilton Projects Acquiror LLC
	225,170	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.32	%	05/30/2031		227,210
		Helios Software Holdings, Inc.
	787,533	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.09	%	07/15/2030		793,144
		Hexion Holdings Corp.
	1,185,881	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)		8.45	%	03/15/2029		1,188,015
		Hightower Holding LLC
	1,383,050	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.07	%	04/21/2028		1,392,268
		Hilton Grand Vacations Borrower LLC
	615,350	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	01/17/2031		618,091
		HomeServe USA Holding Corp.
	466,475	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.37	%	10/21/2030		467,466
		Hunter Douglas, Inc.
	314,359	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.02	%	02/26/2029		314,595
	856,126	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.02	%	02/26/2029		856,768
		INEOS US Finance LLC
	2,125,686	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	02/19/2030		2,137,834
		Ineos US Finance T/L B
	299,250	Senior Secured Term Loan		7.76	%(g)	02/07/2031		302,057
		INEOS US Petrochem LLC
	1,200,925	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.71	%	03/29/2029		1,211,433
	565,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	10/07/2031		571,356
		ION Trading Finance T/L B
	340,375	Senior Secured Term Loan		7.98	%(g)	04/03/2028		341,257
		Iron Mountain Information Management LLC
	1,173,150	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	01/31/2031		1,174,616
		Kenan Advantage Group, Inc.
	923,510	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	01/25/2029		930,441
		Klockner Pentaplast of America, Inc.
	470,678	Senior Secured First Lien Term Loan (6 mo. SOFR US + 4.73%, 0.50% Floor)		9.72	%	02/09/2026		431,847
		Kodiak BP LLC
	135,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.00% Floor)		8.27	%	12/04/2031		135,265
		Kronos Acquisition Holdings, Inc.
	728,175	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.00% Floor)		8.58	%	07/08/2031		689,491
		Lasership T/L E
	168,000	Senior Secured Term Loan		12.28	%(g)	08/10/2029		65,240
		LBM Acquisition LLC
	1,742,182	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.30	%	06/06/2031		1,730,204
		LC Ahab US Bidco LLC
	802,988	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	05/01/2031		810,519
		Level 3 Financing, Inc.
	182,946	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.56%, 2.00% Floor)		10.92	%	04/16/2029		186,857
	182,946	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.56%, 2.00% Floor)		11.13	%	04/15/2030		186,765

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Life Time, Inc.
	580,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)		7.03	%	11/05/2031		583,045
		LifePoint Health, Inc.
	169,575	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 1.00% Floor)		7.96	%	05/19/2031		170,158
	1,517,385	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.41	%	05/19/2031		1,524,660
		Lightning Power LLC
	753,113	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.74	%	08/18/2031		762,632
		Lumen Technologies, Inc.
	515,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.35%)		7.04	%	04/16/2029		485,297
		Lummus Technology Holdings V LLC
	1,005,648	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%)		7.36	%	12/31/2029		1,014,608
		Madison IAQ LLC
	1,431,046	Senior Secured First Lien Term Loan (6 mo. SOFR US + 2.75%, 0.50% Floor)		7.89	%	06/21/2028		1,437,979
		Madison Safety & Flow LLC
	428,925	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	09/26/2031		432,612
		McAfee Corp.
	1,123,825	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.37	%	03/01/2029		1,126,214
		Medline Borrower LP
	1,152,028	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)		6.61	%	10/23/2028		1,157,396
		MH Sub I LLC
	905,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.25%)		8.76	%	12/11/2031		898,493
		Michaels Cos., Inc.
	279,182	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.75% Floor)		9.17	%	04/17/2028		226,056
		Mister Car Wash Holdings, Inc.
	219,450	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.09	%	03/27/2031		220,762
		Mitchell International, Inc.
	2,249,363	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	06/17/2031		2,253,366
	500,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.82	%	06/17/2032		495,835
		MITER Brands Acquisition Holdco, Inc.
	218,900	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	03/28/2031		221,408
		Modena Buyer LLC
	315,195	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor)		9.10	%	07/01/2031		306,077
		Motion Finco Sarl
	471,824	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	11/30/2029		467,596
		Natgasoline LLC
	1,182,556	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.00% Floor)		9.02	%	11/14/2025		1,176,643
		NEP Group, Inc.
	1,191,593	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25% + 1.50% PIK, 0.00% Floor)		8.12	%	08/19/2026		1,092,095
	37,322	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25% + 1.50% PIK, 0.00% Floor)		8.12	%	08/19/2026		34,206
		Newfold Digital Holdings Group, Inc.
	347,472	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.75% Floor)		8.14	%	02/10/2028		236,010
		Nouryon Finance BV
	195,031	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.66	%	04/03/2028		196,799
	736,654	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.66	%	04/03/2028		743,332

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Nvent Thermal LLC
	910,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.50%)		8.02	%	09/12/2031		921,093
		Olympus Water US Holding Corp.
	1,331,663	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.10	%	06/23/2031		1,337,488
		OneDigital Borrower LLC
	1,572,100	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	07/02/2031		1,578,043
	520,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.50% Floor)		9.61	%	07/02/2032		518,864
		Ontario Gaming GTA LP
	1,132,530	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.89	%	08/01/2030		1,136,273
		Oryx Midstream Services Permian Basin LLC
	1,013,870	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.51	%	10/05/2028		1,021,393
		Ovg Business Services LLC
	748,125	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	06/25/2031		750,931
		Pacific Dental Services, Inc.
	1,067,423	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.13	%	03/17/2031		1,076,095
		Packaging Coordinators Midco, Inc.
	1,386,960	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.75% Floor)		7.84	%	11/30/2027		1,394,762
		Pactiv Evergreen Group Holdings, Inc.
	632,693	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	09/25/2028		636,154
	128,264	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	09/25/2028		128,965
	161,688	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	09/25/2028		162,573
		Par Petroleum LLC
	270,189	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.33	%	02/28/2030		269,851
		Peraton Corp.
	947,485	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.21	%	02/01/2028		884,022
		Perrigo Investments LLC
	687,440	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	04/20/2029		690,706
		PetSmart LLC
	2,382,689	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.21	%	02/14/2028		2,377,721
		Phoenix Newco, Inc.
	1,322,595	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.36	%	11/15/2028		1,333,341
		Playa Resorts Holding BV
	1,260,924	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.50% Floor)		7.11	%	01/05/2029		1,263,642
		PointClickCare Technologies, Inc.
	1,026,926	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.58	%	11/03/2031		1,034,628
		Polar US Borrower LLC
	214	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		155
	176,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		127,776
	215	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		156
	174,912	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		126,986
		Polaris Newco LLC
	897,028	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.50% Floor)		8.85	%	06/05/2028		899,778
		Pregis TopCo LLC
	1,377,637	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)		8.36	%	07/31/2026		1,388,341

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Pretium PKG Holdings, Inc.
	11,015	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.60%, 1.00% Floor)		9.17	%	10/02/2028		8,808
	551,832	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.60%, 1.00% Floor)		9.17	%	10/02/2028		441,292
	302,386	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 1.00% Floor)		9.57	%	10/02/2028		312,593
	8,094	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 1.00% Floor)		9.57	%	10/02/2028		8,368
	275,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 6.75%, 0.50% Floor)		11.53	%	10/01/2029		103,440
		Proofpoint, Inc.
	1,416,446	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.36	%	08/31/2028		1,424,952
		Quikrete Holdings, Inc.
	586,674	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	03/19/2029		587,041
	173,688	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	04/14/2031		173,806
		Radiology Partners, Inc.
	30,126	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50% + 1.50% PIK, 0.00% Floor)		8.28	%	01/31/2029		29,848
	1,370,003	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50% + 1.50% PIK, 0.00% Floor)		8.28	%	01/31/2029		1,357,331
		RealPage, Inc.
	340,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.08	%	04/24/2028		342,020
		Restaurant Technologies, Inc.
	1,168,229	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	04/02/2029		1,149,613
	111,576	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	04/02/2029		109,799
	111,576	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	04/02/2029		109,798
		Sabre GLBL, Inc.
	118,570	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.97	%	12/17/2027		115,606
	67,428	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.97	%	12/17/2027		65,742
	378,506	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.00%, 0.00% Floor)		10.46	%	11/15/2029		377,560
	164,859	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.00%, 0.00% Floor)		10.46	%	11/15/2029		161,562
		Sandisk Corp./DE
	455,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		7.52	%	02/09/2032		448,034
		Scientific Games Holdings LP
	573,563	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.50% Floor)		7.59	%	04/04/2029		575,642
		Sedgwick Claims Management Services, Inc.
	1,122,188	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.59	%	07/31/2031		1,130,340
		Select Medical Corp.
	550,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		6.53	%	12/03/2031		552,519
		Signia Aerospace LLC
	629,538	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.40	%	12/11/2031		630,722
	515,077	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.40	%	12/11/2031		516,045
		Six Flags Entertainment Corp.
	353,225	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	05/01/2031		354,770
		Sotera Health Holdings LLC
	1,406,475	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.84	%	05/30/2031		1,411,756

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Southern Veterinary Partners LLC
	1,250,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.71	%	12/04/2031		1,260,394
		Spin Holdco, Inc.
	407,305	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)		8.71	%	03/06/2028		344,843
		Staples, Inc.
	379,050	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.75%, 0.50% Floor)		10.18	%	09/10/2029		363,238
		Starwood Property Mortgage LLC
	374,198	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.75% Floor)		7.71	%	07/27/2026		374,900
		StubHub Holdco Sub LLC
	917,867	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.11	%	03/15/2030		921,309
		SWF Holdings I FLSO T/L A2
	499,029	Senior Secured Term Loan		8.48	%(g)	10/06/2028		449,126
		Tamko Building Products LLC
	317,500	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%)		7.08	%	09/20/2030		320,478
	317,500	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%)		7.09	%	09/20/2030		320,478
		Team Health Holdings, Inc.
	718,179	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.25%, 1.00% Floor)		9.84	%	03/02/2027		696,365
		Tecta America Corp.
	800,950	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.75% Floor)		8.71	%	04/10/2028		806,288
		Tempur Sealy International, Inc.
	2,885,000	Senior Secured First Lien Term Loan (Daily US Secured Overnight Financing Rate + 2.50%, 0.00% Floor)		6.81	%	10/24/2031		2,896,713
		Thunder Generation Funding LLC
	1,027,425	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.61	%	10/03/2031		1,035,449
		Tiger Acquisition LLC
	900,099	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.34	%	06/01/2028		902,349
		Titan Acquisition Ltd./Canada
	1,164,150	Senior Secured First Lien Term Loan (6 mo. SOFR US + 4.50%, 0.00% Floor)		8.78	%	02/15/2029		1,175,431
		TK Elevator US Newco, Inc.
	568,910	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)		8.59	%	04/30/2030		573,749
	990,399	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)		8.59	%	04/30/2030		998,822
		Trans Union LLC
	422,875	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	06/24/2031		422,809
		TransDigm, Inc.
	1,990,175	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		6.83	%	02/28/2031		1,995,827
	937,650	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		7.32	%	01/20/2032		940,702
		Travelport Finance Luxembourg Sarl
	453,132	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.41%, 1.00% Floor)		11.32	%	09/29/2028		425,518
	157,629	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.41%, 1.00% Floor)		11.32	%	09/29/2028		148,023
		Traverse Midstream Partners T/L B
	277,654	Senior Secured First Lien Term Loan		7.56	%(g)	02/16/2028		279,505
		TricorBraun Holdings, Inc.
	984,803	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.72	%	03/03/2028		985,325
		Trident TPI Holdings, Inc.
	1,042,331	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.19	%	09/18/2028		1,052,989

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Triton Water Holdings, Inc.
	1,556,728	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.50% Floor)		7.84	%	03/31/2028		1,570,941
		UFC Holdings LLC
	675,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.77	%	11/21/2031		679,563
		UKG, Inc.
	2,154,175	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.62	%	02/10/2031		2,172,065
		Ultra Clean Holdings, Inc.
	562,917	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	02/25/2028		568,197
		United Airlines, Inc.
	941,179	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.63	%	02/24/2031		945,466
		United Natural Foods, Inc.
	462,675	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.44	%	05/01/2031		471,119
		United Talent Agency LLC
	342,413	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.20	%	07/07/2028		344,981
		Univision Communications, Inc.
	744,573	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	06/25/2029		748,996
		Upbound Group, Inc.
	658,705	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%, 0.50% Floor)		7.34	%	02/17/2028		660,352
		Vantage Specialty Chemicals, Inc.
	1,143,956	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.50% Floor)		9.11	%	10/26/2026		1,133,947
		Verde Purchaser LLC
	279,298	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.00% Floor)		9.10	%	11/29/2030		280,520
		Vestis Corp.
	311,719	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.76	%	02/24/2031		312,889
		Victra Holdings LLC
	65,894	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.25%, 0.75% Floor)		9.61	%	03/29/2029		66,842
		Virgin Media Bristol LLC
	1,485,000	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.18%, 0.00% Floor)		7.72	%	03/31/2031		1,473,127
		Vistra Operations Co. LLC
	252,450	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	12/20/2030		253,311
		Vortex Opco LLC
	254,891	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		9.03	%	12/17/2028		161,983
		VT Topco, Inc.
	396,012	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.33	%	08/12/2030		399,266
		Wand NewCo 3, Inc.
	163,303	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	01/30/2031		164,175
	271,307	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	01/30/2031		272,756
		WaterBridge Midstream Operating LLC
	937,650	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.75%, 0.00% Floor)		9.08	%	06/27/2029		935,306
		WaterBridge NDB Operating LLC
	458,850	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%)		8.38	%	05/10/2029		464,381
		WestJet Loyalty LP
	1,364,688	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.58	%	02/14/2031		1,372,002
		Whatabrands LLC
	2,216,860	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	08/03/2028		2,224,851

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		White Cap Supply Holdings LLC
	720,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.82	%	10/31/2029		722,279
		WhiteWater DBR HoldCo LLC
	443,888	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.63	%	03/03/2031		447,077
		Zayo Group Holdings, Inc.
	662,145	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.47	%	03/09/2027		621,615
		Zelis Payments Buyer, Inc.
	830,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	11/26/2031		833,976
		Ziggo Financing Partnership
	850,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		7.01	%	04/28/2028		847,505
		Total Bank Loans (Cost $223,538,504)						223,230,721
	COLLATERALIZED LOAN OBLIGATIONS - 3.6%
		Aimco CDO
	2,000,000	Series 2018-AA-D1R (3 mo. Term SOFR + 2.85%, 2.85% Floor)		7.37	%(a)	10/17/2037		2,039,340
		Anchorage Capital CLO Ltd.
	5,000,000	Series 2021-19A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)		6.13	%(a)	10/15/2034		5,002,519
		Babson CLO Ltd./Cayman Islands
	2,000,000	Series 2018-1A-C (3 mo. Term SOFR + 2.86%, 0.00% Floor)		7.52	%(a)	04/15/2031		2,005,757
		Bain Capital Credit CLO
	500,000	Series 2024-4A-D1 (3 mo. Term SOFR + 3.10%, 3.10% Floor)		7.97	%(a)	10/23/2037		510,426
	5,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)		5.65	%(a)	01/21/2038		5,000,000
		Battalion CLO Ltd.
	3,000,000	Series 2022-23A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor)		6.08	%(a)	10/15/2037		3,012,013
		Birch Grove CLO
	10,000,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.41%, 1.41% Floor)		6.03	%(a)	10/20/2037		10,041,926
		Blackstone, Inc.
	3,250,000	Series 2018-1A-D (3 mo. Term SOFR + 2.86%, 0.00% Floor)		7.51	%(a)	04/17/2030		3,275,772
		BlueMountain CLO Ltd.
	4,000,000	Series 2015-3A-CR (3 mo. Term SOFR + 2.86%, 0.00% Floor)		7.48	%(a)	04/20/2031		4,008,604
	2,000,000	Series 2016-3A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor)		7.89	%(a)	11/15/2030		2,017,776
	2,400,000	Series 2017-2A-C (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.88	%(a)	10/20/2030		2,418,597
	2,500,000	Series 2018-23A-D1R (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.47	%(a)	07/20/2037		2,560,975
		Canyon Capital CLO Ltd.
	2,500,000	Series 2012-1RA-D (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.92	%(a)	07/15/2030		2,517,931
	2,750,000	Series 2014-1A-CR (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.60	%(a)	01/30/2031		2,772,114
	3,000,000	Series 2016-1A-DR (3 mo. Term SOFR + 3.06%, 0.00% Floor)		7.72	%(a)	07/15/2031		3,022,135
	2,500,000	Series 2021-1A-D (3 mo. Term SOFR + 3.36%, 3.10% Floor)		8.02	%(a)	04/15/2034		2,521,351
		Canyon CLO
	1,000,000	Series 2021-3A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.97	%(a)	07/15/2034		1,008,581
		Carlyle Global Market Strategies
	5,000,000	Series 2016-3A-DRRR (3 mo. Term SOFR + 2.85%, 2.85% Floor)		7.29	%(a)	07/20/2034		5,066,021
	9,000,000	Series 2021-9A-D (3 mo. Term SOFR + 3.46%, 3.20% Floor)		8.08	%(a)	10/20/2034		9,080,356
	1,000,000	Series 2022-5A-D1R (3 mo. Term SOFR + 3.15%, 3.15% Floor)		8.25	%(a)	10/15/2037		1,020,279
		Cathedral Lake CLO Ltd.
	6,000,000	Series 2021-8A-C (3 mo. Term SOFR + 2.88%, 2.62% Floor)		7.50	%(a)	01/20/2035		6,030,316
	5,000,000	Series 2021-8A-D1 (3 mo. Term SOFR + 3.68%, 3.42% Floor)		8.30	%(a)	01/20/2035		5,047,538
		Cent CLO
	9,500,000	Series 2018-27A-DR (3 mo. Term SOFR + 4.09%, 3.83% Floor)		8.72	%(a)	01/25/2035		9,591,651
		Dryden Senior Loan Fund
	3,000,000	Series 2015-40A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor)		7.89	%(a)	08/15/2031		3,027,142

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,200,000	Series 2016-43A-DR3 (3 mo. Term SOFR + 3.51%, 3.25% Floor)		8.13	%(a)	04/20/2034		2,219,213
	2,000,000	Series 2018-57A-D (3 mo. Term SOFR + 2.81%, 2.55% Floor)		7.34	%(a)	05/15/2031		2,004,483
		ING Investment Management CLO Ltd.
	3,000,000	Series 2014-1A-CR2 (3 mo. Term SOFR + 3.06%, 0.00% Floor)		7.69	%(a)	04/18/2031		3,022,839
		LCM LP
	2,000,000	Series 25A-D (3 mo. Term SOFR + 3.71%, 0.00% Floor)		8.33	%(a)	07/20/2030		2,015,077
	3,250,000	Series 28A-D (3 mo. Term SOFR + 3.21%, 2.95% Floor)		7.83	%(a)	10/20/2030		3,256,499
	4,000,000	Series 30A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.88	%(a)	04/20/2031		4,031,361
		LCM XIII LP
	4,000,000	Series 14A-DR (3 mo. Term SOFR + 3.01%, 0.00% Floor)		7.63	%(a)	07/20/2031		4,030,466
		Magnetite CLO Ltd.
	2,000,000	Series 2019-23A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.94	%(a)	01/25/2035		2,018,386
		Marble Point CLO
	1,500,000	Series 2022-2A-BR (3 mo. Term SOFR + 2.85%, 2.85% Floor)		7.47	%(a)	10/20/2036		1,523,128
		Menlo CLO Ltd.
	3,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.75	%(a)	01/20/2038		3,016,143
		Neuberger Berman CLO Ltd.
	2,000,000	Series 2019-32A-DR (3 mo. Term SOFR + 2.96%, 2.70% Floor)		7.58	%(a)	01/20/2032		2,009,993
		Octagon Investment Partners Ltd.
	5,600,000	Series 2012-1A-CRR (3 mo. Term SOFR + 4.16%, 3.90% Floor)		8.82	%(a)	07/15/2029		5,640,657
	2,000,000	Series 2013-1A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.91	%(a)	07/17/2030		2,008,927
	2,000,000	Series 2013-1A-DR2 (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.39	%(a)	01/25/2031		2,009,813
	2,250,000	Series 2014-1A-CR3 (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.53	%(a)	02/14/2031		2,270,044
	10,000,000	Series 2016-1A-DR (3 mo. Term SOFR + 3.21%, 0.00% Floor)		7.87	%(a)	07/15/2030		10,074,581
	5,460,000	Series 2017-1A-CR (3 mo. Term SOFR + 3.56%, 0.00% Floor)		8.18	%(a)	03/17/2030		5,501,805
	1,760,000	Series 2017-1A-D (3 mo. Term SOFR + 6.46%, 0.00% Floor)		11.08	%(a)	03/17/2030		1,765,558
	1,500,000	Series 2018-18A-C (3 mo. Term SOFR + 2.96%, 0.00% Floor)		7.61	%(a)	04/16/2031		1,505,361
	2,500,000	Series 2018-2A-C (3 mo. Term SOFR + 3.11%, 0.00% Floor)		7.74	%(a)	07/25/2030		2,519,885
	3,500,000	Series 2019-1A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor)		8.23	%(a)	01/20/2035		3,531,507
		Octagon Investment Partners XXII LLC
	2,500,000	Series 2014-1A-ERR (3 mo. Term SOFR + 5.71%, 5.71% Floor)		10.34	%(a)	01/22/2030		2,481,925
		OFSI Fund Ltd.
	1,000,000	Series 2022-11A-BR (3 mo. Term SOFR + 2.80%, 2.80% Floor)		7.43	%(a)	10/18/2035		1,012,036
		Park Blue CLO Ltd.
	5,000,000	Series 2022-1A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor)		6.04	%(a)	10/20/2037		5,025,947
		Sound Point CLO Ltd.
	1,000,000	Series 2018-2A-C (3 mo. Term SOFR + 2.21%, 0.00% Floor)		6.83	%(a)	07/26/2031		1,001,633
	7,000,000	Series 2019-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor)		8.22	%(a)	07/15/2034		7,059,914
	7,000,000	Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor)		8.39	%(a)	10/25/2034		7,004,138
	2,000,000	Series 2020-1A-DR (3 mo. Term SOFR + 3.61%, 3.61% Floor)		8.23	%(a)	07/20/2034		2,017,695
	4,000,000	Series 2020-3A-D (3 mo. Term SOFR + 3.91%, 3.65% Floor)		8.54	%(a)	01/25/2032		4,034,523
	1,250,000	Series 2021-3A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		8.14	%(a)	10/25/2034		1,256,989
	1,000,000	Series 2021-4A-D (3 mo. Term SOFR + 3.66%, 3.66% Floor)		8.29	%(a)	10/25/2034		1,009,049
		Stewart Park CLO
	10,000,000	Series 2015-1A-DR (3 mo. Term SOFR + 2.86%, 2.60% Floor)		7.52	%(a)	01/15/2030		10,019,792
		Storm King Park CLO Ltd.
	1,000,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor)		6.02	%(a)	10/15/2037		1,006,697
		Symphony CLO Ltd.
	3,000,000	Series 2015-16A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.97	%(a)	10/15/2031		3,022,649
		Trimaran CAVU LLC
	10,000,000	Series 2021-3A-D (3 mo. Term SOFR + 4.04%, 3.78% Floor)		8.67	%(a)	01/18/2035		10,092,382
		Upland CLO
	1,000,000	Series 2016-1A-CR (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.78	%(a)	04/20/2031		1,007,587

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Voya CLO Ltd.
	3,000,000	Series 2017-3A-CR (3 mo. Term SOFR + 3.41%, 0.00% Floor)		8.03	%(a)	04/20/2034		3,026,542
	4,000,000	Series 2018-2A-D (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.67	%(a)	07/15/2031		4,030,536
		Wind River CLO Ltd.
	2,250,000	Series 2014-1A-DRR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.89	%(a)	07/18/2031		2,266,903
	1,000,000	Series 2014-2A-ER (3 mo. Term SOFR + 6.01%, 5.75% Floor)		10.67	%(a)	01/15/2031		881,706
	4,000,000	Series 2014-3A-DR2 (3 mo. Term SOFR + 3.66%, 3.40% Floor)		8.29	%(a)	10/22/2031		4,031,095
	3,000,000	Series 2017-1A-DR (3 mo. Term SOFR + 3.98%, 3.72% Floor)		8.61	%(a)	04/18/2036		3,026,923
	4,000,000	Series 2017-3A-DR (3 mo. Term SOFR + 4.11%, 3.85% Floor)		8.77	%(a)	04/15/2035		4,035,334
	4,000,000	Series 2018-1A-D (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.82	%(a)	07/15/2030		4,029,624
	2,000,000	Series 2021-1A-D1R (3 mo. Term SOFR + 3.95%, 3.95% Floor)		8.57	%(a)	07/20/2037		2,050,540
		Total Collateralized Loan Obligations (Cost $240,907,917)						243,007,005
	FOREIGN CORPORATE BONDS - 5.7%
	263,000	1375209 BC Ltd.		9.00	%(a)	01/30/2028		263,695
	2,361,984	Acu Petroleo Luxembourg Sarl		7.50	%	01/13/2032		2,333,740
	1,700,000	Adani Electricity Mumbai Ltd.		3.95	%	02/12/2030		1,362,486
	300,000	Adani Electricity Mumbai Ltd.		3.87	%	07/22/2031		230,651
	1,245,000	Adani International Container Terminal Pvt Ltd.		3.00	%(a)	02/16/2031		1,025,880
	2,656,000	Adani International Container Terminal Pvt Ltd.		3.00	%	02/16/2031		2,188,544
	1,000,000	Adani Ports & Special Economic Zone Ltd.		4.00	%	07/30/2027		904,357
	1,614,000	Adani Ports & Special Economic Zone Ltd.		4.20	%	08/04/2027		1,461,045
	1,500,000	Adani Ports & Special Economic Zone Ltd.		4.38	%	07/03/2029		1,292,331
	500,000	Adani Ports & Special Economic Zone Ltd.		3.10	%	02/02/2031		380,395
	2,000,000	Adani Transmission Step-One Ltd.		4.00	%	08/03/2026		1,839,427
	1,297,750	Adani Transmission Step-One Ltd.		4.25	%	05/21/2036		1,008,725
	3,492,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust		5.10	%	01/19/2029		3,490,924
	4,914,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust  (5 yr. CMT Rate + 2.72%)		6.95	%	03/10/2055		5,059,722
	200,000	Aeropuertos Dominicanos Siglo XXI SA		7.00	%(a)	06/30/2034		204,250
	2,600,000	AES Espana BV		5.70	%(a)	05/04/2028		2,475,135
	1,250,000	Agrosuper SA		4.60	%	01/20/2032		1,119,187
	6,342,000	AIB Group PLC  (SOFR + 1.91%)		5.87	%(a)	03/28/2035		6,356,976
	885,414	AL Candelaria Spain SA		7.50	%	12/15/2028		874,985
	3,200,000	AL Candelaria Spain SA		5.75	%(a)	06/15/2033		2,602,711
	1,650,000	AL Candelaria Spain SA		5.75	%	06/15/2033		1,342,023
	800,000	Altice Financing SA		5.00	%(a)	01/15/2028		626,986
	805,000	Altice France Holding SA		6.00	%(a)	02/15/2028		213,272
	1,660,000	Altice France SA		5.50	%(a)	10/15/2029		1,251,660
	1,200,000	AngloGold Ashanti Holdings PLC		3.38	%	11/01/2028		1,109,383
	2,623,000	ArcelorMittal SA		6.00	%	06/17/2034		2,671,070
	1,305,000	Ardonagh Finco Ltd.		7.75	%(a)	02/15/2031		1,345,234
	1,500,000	Aris Mining Corp.		8.00	%(a)	10/31/2029		1,486,253
	1,093,425	Avation Capital SA  9.00% PIK		8.25	%(a)	10/31/2026		1,075,017
	4,473,000	Avolon Holdings Funding Ltd.		5.75	%(a)	03/01/2029		4,522,949
	5,525,000	Avolon Holdings Funding Ltd.		5.75	%(a)	11/15/2029		5,595,403
	695,000	Azorra Finance Ltd.		7.75	%(a)	04/15/2030		691,655
	1,200,000	Banco Continental SAECA		2.75	%	12/10/2025		1,161,026
	2,400,000	Banco Davivienda SA  (10 yr. CMT Rate + 5.10%)		6.65	%(a)(h)	04/22/2031		2,065,047
	500,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 3.00%)		3.13	%(a)	07/01/2030		490,603
	3,240,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 3.00%)		3.13	%	07/01/2030		3,179,107
	2,800,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)		3.25	%	09/30/2031		2,655,032
	500,000	Banco del Estado de Chile  (5 yr. CMT Rate + 3.23%)		7.95	%(a)(h)	05/02/2029		514,138
	1,400,000	Banco do Estado do Rio Grande do Sul SA  (5 yr. CMT Rate + 4.93%)		5.38	%	01/28/2031		1,381,227

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,800,000	Banco Industrial SA/Guatemala  (5 yr. CMT Rate + 4.44%)		4.88	%	01/29/2031		2,748,200
	5,777,000	Banco Internacional del Peru SAA Interbank  (5 yr. CMT Rate + 3.71%)		4.00	%	07/08/2030		5,705,622
	2,600,000	Banco Mercantil del Norte SA/Grand Cayman  (10 yr. CMT Rate + 5.35%)		7.63	%(h)	01/10/2028		2,554,328
	1,100,000	Banco Mercantil del Norte SA/Grand Cayman  (10 yr. CMT Rate + 5.47%)		7.50	%(a)(h)	06/27/2029		1,065,234
	1,100,000	Banco Mercantil del Norte SA/Grand Cayman  (5 yr. CMT Rate + 4.07%)		8.38	%(a)(h)	05/20/2031		1,098,830
	200,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand		5.62	%(a)	12/10/2029		199,500
	5,000,000	Banco Santander SA  (1 yr. CMT Rate + 0.95%)		5.37	%	07/15/2028		5,035,773
	900,000	Bancolombia SA  (5 yr. CMT Rate + 4.32%)		8.63	%	12/24/2034		943,185
	7,403,000	Bank of Montreal  (5 yr. Swap Rate USD + 1.43%)		3.80	%	12/15/2032		7,083,230
	5,106,000	Barclays PLC  (SOFR + 1.91%)		5.34	%	09/10/2035		4,907,304
	4,439,000	BAT Capital Corp.		4.54	%	08/15/2047		3,505,286
	1,900,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 2.65%)		5.13	%	01/18/2033		1,768,836
	2,200,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 4.31%)		5.88	%	09/13/2034		2,089,282
	1,685,000	Belron UK Finance PLC		5.75	%(a)	10/15/2029		1,669,092
	1,040,000	Bombardier, Inc.		8.75	%(a)	11/15/2030		1,119,232
	255,000	Bombardier, Inc.		7.00	%(a)	06/01/2032		259,720
	1,400,000	Braskem Idesa SAPI		6.99	%	02/20/2032		1,030,469
	1,000,000	Braskem Netherlands Finance BV		4.50	%	01/31/2030		847,396
	1,400,000	Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy		7.88	%(a)	02/15/2039		1,445,045
	4,820,000	CaixaBank SA  (SOFR + 2.26%)		6.04	%(a)	06/15/2035		4,867,055
	2,800,000	Canacol Energy Ltd.		5.75	%	11/24/2028		1,561,955
	2,100,000	CAP SA		3.90	%(a)	04/27/2031		1,694,700
	2,900,000	CAP SA		3.90	%	04/27/2031		2,340,300
	4,007,000	CCL Industries, Inc.		3.05	%(a)	06/01/2030		3,598,669
	3,400,000	Cemex SAB de CV  (5 yr. CMT Rate + 4.53%)		5.13	%(h)	06/08/2026		3,333,202
	200,000	Cencosud SA		4.38	%	07/17/2027		195,562
	4,940,479	Chile Electricity PEC SpA		0.00	%(a)	01/25/2028		4,164,823
	5,111,000	Cia de Minas Buenaventura SAA		5.50	%	07/23/2026		5,110,615
	1,075,200	Cometa Energia SAB de CV		6.38	%	04/24/2035		1,063,723
	4,356,000	Commonwealth Bank of Australia		4.32	%(a)	01/10/2048		3,517,460
	2,881,000	Cosan Overseas Ltd.		8.25	%(h)	02/05/2025		2,881,000
	5,400,000	Credito Real SAB de CV SOFOM ER  (5 yr. CMT Rate + 7.03%)		9.13	%(f)(h)	11/29/2027		54,000
	2,200,000	CSN Resources SA		5.88	%	04/08/2032		1,777,411
	1,600,000	CT Trust		5.13	%	02/03/2032		1,433,106
	2,700,000	DBS Group Holdings Ltd.  (5 yr. CMT Rate + 1.10%)		1.82	%	03/10/2031		2,599,604
	14,682	Digicel Group Holdings Ltd.		0.00	%(a)(b)	12/31/2030		14,632
	677,803	Digicel Group Holdings Ltd.		0.00	%(a)(b)	12/31/2030		120,409
	1,788,649	Digicel Group Holdings Ltd.		0.00	%(a)(b)	12/31/2030		41,287
	400,000	eG Global Finance PLC		12.00	%(a)	11/30/2028		447,806
	4,846,000	Element Fleet Management Corp.		6.32	%(a)	12/04/2028		5,052,968
	1,384,200	Empresa Electrica Cochrane SpA		5.50	%	05/14/2027		1,340,965
	4,800,000	Empresas Publicas de Medellin ESP		4.25	%	07/18/2029		4,293,958
	1,400,000	Empresas Publicas de Medellin ESP		4.38	%	02/15/2031		1,204,791
	1,977,000	Enel Finance International NV		5.13	%(a)	06/26/2029		1,975,861
	1,700,000	Energuate Trust		5.88	%	05/03/2027		1,664,861
	179,357	Fermaca Enterprises S de RL de CV		6.38	%	03/30/2038		174,728
	773,370	Fideicomiso PA Pacifico Tres		8.25	%	01/15/2035		771,437
	2,800,000	Freeport Indonesia PT		4.76	%	04/14/2027		2,775,948
	2,000,000	Freeport Indonesia PT		5.32	%	04/14/2032		1,948,853

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	500,000	Freeport-McMoRan, Inc.		4.38	%	08/01/2028		487,969
	1,031,000	Frigorifico Concepcion SA		7.70	%	07/21/2028		800,445
	1,295,000	Garda World Security Corp.		4.63	%(a)	02/15/2027		1,258,911
	930,000	Garda World Security Corp.		6.00	%(a)	06/01/2029		882,685
	1,290,000	GGAM Finance Ltd.		6.88	%(a)	04/15/2029		1,309,471
	4,223,000	Glencore Funding LLC		1.63	%(a)	04/27/2026		4,052,111
	8,718,000	Glencore Funding LLC		5.37	%(a)	04/04/2029		8,791,232
	2,075,000	Global Aircraft Leasing Co. Ltd.		8.75	%(a)	09/01/2027		2,118,868
	1,500,000	Global Bank Corp.  (3 mo. LIBOR US + 3.30%)		5.25	%(e)	04/16/2029		1,412,670
	470,720	GNL Quintero SA		4.63	%	07/31/2029		464,670
	1,300,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%	05/15/2029		1,317,299
	4,150,000	Gran Tierra Energy, Inc.		9.50	%(a)	10/15/2029		3,870,083
	1,460,000	Grifols SA		4.75	%(a)	10/15/2028		1,343,264
	5,910,010	Guara Norte Sarl		5.20	%	06/15/2034		5,399,214
	282,400	Hunt Oil Co. of Peru LLC Sucursal Del Peru		6.38	%	06/01/2028		284,390
	1,870,000	Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC		9.00	%(a)	02/15/2029		1,954,629
	1,300,000	INEOS Finance PLC		7.50	%(a)	04/15/2029		1,332,334
	5,680,000	InRetail Consumer		3.25	%	03/22/2028		5,216,356
	2,400,000	InRetail Shopping Malls		5.75	%	04/03/2028		2,376,637
	575,000	Intelsat Jackson Holdings SA		6.50	%(a)	03/15/2030		531,802
	1,900,000	Intercorp Financial Services, Inc.		4.13	%	10/19/2027		1,818,785
	200,000	Intercorp Peru Ltd.		3.88	%	08/15/2029		180,528
	263,706	Interoceanica IV Finance Ltd. Series 2007		0.00	%(b)	11/30/2025		253,816
	1,192,690	Invepar Holdings		0.00	%(b)(f)	12/30/2028		–
	1,600,000	Itau Unibanco Holding SA/Cayman Island  (5 yr. CMT Rate + 3.22%)		4.63	%(h)	02/27/2025		1,592,814
	200,000	Itau Unibanco Holding SA/Cayman Island  (5 yr. CMT Rate + 3.86%)		7.86	%(h)	03/19/2025		202,080
	958,750	JSW Hydro Energy Ltd.		4.13	%(a)	05/18/2031		865,774
	1,475,000	JSW Hydro Energy Ltd.		4.13	%	05/18/2031		1,331,960
	1,700,000	JSW Infrastructure Ltd.		4.95	%	01/21/2029		1,640,401
	300,000	Kallpa Generacion SA		4.13	%	08/16/2027		291,582
	625,000	Kronos Acquisition Holdings, Inc.		8.25	%(a)	06/30/2031		596,772
	3,100,000	KUO SAB De CV		5.75	%	07/07/2027		3,014,903
	1,400,000	LD Celulose International GmbH		7.95	%(a)	01/26/2032		1,404,921
	1,395,768	Lima Metro Line 2 Finance Ltd.		4.35	%	04/05/2036		1,283,334
	2,372,000	Macquarie Airfinance Holdings Ltd.		6.40	%(a)	03/26/2029		2,442,431
	627,000	Macquarie Airfinance Holdings Ltd.		5.15	%(a)	03/17/2030		614,420
	515,000	Macquarie Airfinance Holdings Ltd.		6.50	%(a)	03/26/2031		533,691
	600,000	MARB BondCo PLC		3.95	%	01/29/2031		503,053
	1,340,000	Mattamy Group Corp.		4.63	%(a)	03/01/2030		1,247,657
	700,000	Medco Laurel Tree Pte Ltd.		6.95	%	11/12/2028		697,766
	3,000,000	Medco Oak Tree Pte Ltd.		7.38	%	05/14/2026		3,056,721
	600,000	MEGlobal BV		4.25	%	11/03/2026		587,142
	2,100,000	MEGlobal Canada ULC		5.00	%	05/18/2025		2,096,661
	2,095,000	Merlin Entertainments Group US Holdings, Inc.		7.38	%(a)	02/15/2031		2,029,339
	2,550,000	Mexarrend SAPI de CV		10.25	%(a)(f)	07/24/2025		47,175
	1,386,144	Mexico Generadora de Energia S de RL		5.50	%	12/06/2032		1,344,005
	900,000	Millicom International Cellular SA		5.13	%	01/15/2028		867,918
	1,800,000	Millicom International Cellular SA		6.25	%	03/25/2029		1,772,353
	1,100,000	Minerva Luxembourg SA		8.88	%(a)	09/13/2033		1,142,322
	800,000	Minerva Luxembourg SA		8.88	%	09/13/2033		830,780
	1,200,000	Minsur SA		4.50	%	10/28/2031		1,065,565
	4,950,000	Mitsubishi UFJ Financial Group, Inc.  (1 yr. CMT Rate + 1.00%)		5.43	%	04/17/2035		4,958,956
	991,186	Mong Duong Finance Holdings BV		5.13	%	05/07/2029		953,450
	1,400,000	Movida Europe SA		7.85	%(a)	04/11/2029		1,235,250
	1,300,000	Movida Europe SA		7.85	%	04/11/2029		1,147,018
	900,000	Multibank, Inc.		7.75	%	02/03/2028		913,081
	3,896,630	MV24 Capital BV		6.75	%	06/01/2034		3,698,363
	7,065,000	National Australia Bank Ltd.		2.99	%(a)	05/21/2031		6,111,474
	1,660,000	National Bank of Canada		4.50	%	10/10/2029		1,615,063

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	2,200,000	NatWest Group PLC  (5 yr. CMT Rate + 2.94%)		7.30	%(h)	11/19/2034		2,172,285
	4,925,000	NatWest Markets PLC		5.41	%(a)	05/17/2029		4,989,238
	3,703,000	NBN Co. Ltd.		1.45	%(a)	05/05/2026		3,543,799
	4,200,000	Network i2i Ltd.  (5 yr. CMT Rate + 4.27%)		5.65	%(h)	01/15/2025		4,209,878
	900,000	Network i2i Ltd.  (5 yr. CMT Rate + 3.39%)		3.98	%(h)	03/03/2026		880,033
	400,000	NOVA Chemicals Corp.		7.00	%(a)	12/01/2031		398,551
	1,265,000	Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.		8.00	%(a)	08/01/2030		1,306,720
	1,228,000	Orazul Energy Peru SA		5.63	%	04/28/2027		1,197,939
	500,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)		1.83	%(a)	09/10/2030		488,412
	5,900,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)		1.83	%	09/10/2030		5,763,257
	690,000	Parkland Corp.		4.63	%(a)	05/01/2030		634,000
	1,000,000	Periama Holdings		5.95	%	04/19/2026		999,489
	2,303,100	Prumo Participacoes e Investimentos S/A		7.50	%	12/31/2031		2,289,558
	500,000	Reliance Industries Ltd.		4.13	%	01/28/2025		499,567
	10,785,000	Renesas Electronics Corp.		2.17	%(a)	11/25/2026		10,218,398
	4,451,999	Rutas 2 & 7 Finance Ltd.		0.00	%	09/30/2036		3,163,823
	900,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA		3.75	%	08/02/2028		818,211
	400,000	Sasol Financing USA LLC		4.38	%	09/18/2026		384,208
	1,010,000	Seaspan Corp.		5.50	%(a)	08/01/2029		944,216
	1,100,000	Simpar Europe SA		5.20	%	01/26/2031		827,178
	5,008,000	Smurfit Kappa Treasury ULC		5.20	%(a)	01/15/2030		5,043,225
	1,439,000	South Bow Canadian Infrastructure Holdings Ltd.  (5 yr. CMT Rate + 3.67%)		7.50	%(a)	03/01/2055		1,489,309
	926,000	South Bow USA Infrastructure Holdings LLC		4.91	%(a)	09/01/2027		923,185
	1,500,000	Southern Copper Corp.		3.88	%	04/23/2025		1,493,566
	350,000	Sydney Airport Finance Co. Pty Ltd.		3.63	%(a)	04/28/2026		344,193
	500,000	Telefonica Celular del Paraguay SA		5.88	%	04/15/2027		496,047
	130,000	Telesat Canada / Telesat LLC		4.88	%(a)	06/01/2027		73,035
	174,000	Telesat Canada / Telesat LLC		6.50	%(a)	10/15/2027		70,561
	400,000	Termocandelaria Power SA		7.75	%(a)	09/17/2031		404,824
	1,561,087	Tierra Mojada Luxembourg II Sarl		5.75	%	12/01/2040		1,429,734
	1,000,000	TK Elevator US Newco, Inc.		5.25	%(a)	07/15/2027		979,735
	500,000	Transelec SA		3.88	%	01/12/2029		480,613
	3,705,000	Triton Container International Ltd. / TAL International Container Corp.		3.25	%	03/15/2032		3,149,586
	3,024,000	UBS Group AG  (1 Year US Dollar SOFR Swap Rate + 1.86%)		5.38	%(a)	09/06/2045		2,883,394
	400,000	Unigel Luxembourg SA		8.75	%(f)	10/01/2026		78,612
	3,500,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.52%)		1.75	%	03/16/2031		3,365,458
	1,700,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.23%)		2.00	%	10/14/2031		1,611,752
	300,000	UPL Corp. Ltd.		4.50	%	03/08/2028		278,602
	3,350,000	UPL Corp. Ltd.		4.63	%	06/16/2030		2,969,515
	1,895,000	Vale Overseas Ltd.		6.40	%	06/28/2054		1,865,012
	1,305,000	Vallourec SACA		7.50	%(a)	04/15/2032		1,354,043
	700,000	Vedanta Resources Finance II PLC		9.25	%(a)	04/23/2026		703,385
	1,498,123	Vedanta Resources Ltd.		13.88	%	12/09/2028		1,505,810
	5,053,000	Videotron Ltd.		5.70	%(a)	01/15/2035		4,965,720
	10,550,000	Weir Group PLC		2.20	%(a)	05/13/2026		10,150,921
	5,139,000	Westpac Banking Corp.  (1 yr. CMT Rate + 1.20%)		5.62	%	11/20/2035		5,052,984
	5,830,000	ZF North America Capital, Inc.		6.88	%(a)	04/23/2032		5,535,394
		Total Foreign Corporate Bonds (Cost $405,396,931)						382,570,843

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%
	3,800,000	Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%)		8.75	%(h)	04/15/2025		3,810,234
	2,900,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%	08/11/2031		2,673,735
	1,800,000	Bank Negara Indonesia Persero Tbk PT		3.75	%	03/30/2026		1,758,045
	2,810,846	Bioceanico Sovereign Certificate Ltd.		0.00	%	06/05/2034		2,172,784
	10,700,000	Colombia Government International Bond		4.13	%	05/15/2051		6,151,269
	200,000	Comision Federal de Electricidad		3.35	%	02/09/2031		165,874
	1,300,000	Comision Federal de Electricidad		6.45	%(a)	01/24/2035		1,228,457
	400,000	Dominican Republic International Bond		5.50	%	02/22/2029		388,300
	9,000,000	Ecopetrol SA		5.88	%	11/02/2051		6,050,504
	2,800,000	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%(a)	01/31/2041		2,745,960
	200,000	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%	01/31/2041		196,140
	200,000	Guatemala Government Bond		4.38	%	06/05/2027		192,800
	800,000	Guatemala Government Bond		4.88	%	02/13/2028		773,400
	1,800,000	Guatemala Government Bond		5.25	%	08/10/2029		1,733,850
	2,000,000	Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT		4.75	%	05/15/2025		1,996,537
	3,950,273	Lima Metro Line 2 Finance Ltd.		5.88	%	07/05/2034		3,943,341
	2,800,000	Mexico Government International Bond		4.40	%	02/12/2052		1,899,722
	7,000,000	Mexico Government International Bond		6.34	%	05/04/2053		6,254,960
	600,000	OCP SA		4.50	%	10/22/2025		593,397
	900,000	Panama Government International Bond		3.88	%	03/17/2028		832,302
	4,500,000	Panama Government International Bond		3.87	%	07/23/2060		2,364,486
	900,000	Paraguay Government International Bond		4.70	%	03/27/2027		885,150
	1,900,000	Pertamina Persero PT		1.40	%	02/09/2026		1,821,175
	1,700,000	Petroleos del Peru SA		4.75	%	06/19/2032		1,287,353
	1,200,000	Petroleos del Peru SA		5.63	%	06/19/2047		770,175
	1,500,000	Petroleos Mexicanos		6.75	%	09/21/2047		1,032,327
	2,100,000	Republic of South Africa Government International Bond		4.30	%	10/12/2028		1,966,520
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $66,286,062)						55,688,797
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 5.2%
		Arbor Multifamily Mortgage Securities Trust
	22,775,500	Series 2021-MF2-XB		0.75	%(a)(c)(i)	06/15/2054		980,540
		AREIT Ltd.
	4,000,000	Series 2024-CRE9-B (1 mo. Term SOFR + 2.54%, 2.54% Floor)		6.93	%(a)	05/17/2041		4,007,812
		Banc of America Re-Remic Trust
	2,638,666	Series 2016-ISQ-C		3.61	%(a)(c)	08/14/2034		949,217
		BANK
	4,041,711	Series 2017-BNK8-XA		0.71	%(c)(i)	11/15/2050		66,923
	1,005,000	Series 2020-BN28-AS		2.14	%	03/15/2063		838,615
	1,910,000	Series 2021-BN32-A4		2.35	%	04/15/2054		1,654,351
	4,009,000	Series 2021-BN35-A5		2.29	%	06/15/2064		3,361,213
	3,109,000	Series 2021-BN37-C		3.11	%(c)	11/15/2064		2,397,432
	11,034,000	Series 2022-BNK39-AS		3.18	%	02/15/2055		9,418,014
	2,682,000	Series 2022-BNK39-E		2.50	%(a)	02/15/2055		1,701,212
		BANK5 Trust
	5,608,000	Series 2024-5YR10-AS		5.64	%	10/15/2057		5,669,851
	5,478,000	Series 2024-5YR9-A3		5.61	%	08/15/2057		5,578,338
		BBCMS Trust
	4,526,000	Series 2021-C12-A5		2.69	%	11/15/2054		3,878,113
	5,364,000	Series 2022-C14-A5		2.95	%(c)	02/15/2055		4,637,152
	5,785,000	Series 2022-C16-A5		4.60	%(c)	06/15/2055		5,566,543
	5,500,000	Series 2024-5C29-A3		5.21	%	09/15/2057		5,522,978
		Benchmark Mortgage Trust
	4,598,000	Series 2020-B18-AGNF		4.14	%(a)	07/15/2053		4,401,396
	4,549,000	Series 2020-B19-AS		2.15	%	09/15/2053		3,685,603
	88,893,537	Series 2021-B28-XA		1.26	%(c)(i)	08/15/2054		5,122,348
	10,350,000	Series 2022-B32-AS		3.41	%(c)	01/15/2055		8,688,626
	5,600,000	Series 2024-V10-A3		5.28	%	09/15/2057		5,623,740

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	5,000,000	Series 2024-V8-A2		5.71	%	07/15/2057		5,121,212
	5,443,000	Series 2024-V9-A3		5.60	%	08/15/2057		5,537,617
		BMO Mortgage Trust
	653,000	Series 2024-5C3-AS		6.29	%(c)	02/15/2057		671,941
	5,539,000	Series 2024-5C6-A3		5.32	%	09/15/2057		5,560,519
	3,729,000	Series 2024-5C7-AS		5.89	%(c)	11/15/2057		3,790,987
		BSPRT Co.-Issuer LLC
	5,580,000	Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor)		7.66	%(a)	09/15/2035		5,634,076
		BX Trust
	11,798,000	Series 2019-OC11-E		3.94	%(a)(c)	12/09/2041		10,526,216
		CFCRE Commercial Mortgage Trust
	2,069,742	Series 2016-C6-A2		2.95	%	11/10/2049		2,018,717
	3,267,000	Series 2017-C8-B		4.20	%(c)	06/15/2050		3,061,288
		Citigroup Commercial Mortgage Trust
	35,241,251	Series 2016-P3-XA		1.65	%(c)(i)	04/15/2049		348,606
	38,277,717	Series 2016-P4-XA		1.89	%(c)(i)	07/10/2049		723,705
	64,511,655	Series 2016-P5-XA		1.37	%(c)(i)	10/10/2049		1,015,201
	3,403,000	Series 2017-C4-B		4.10	%(c)	10/12/2050		3,194,577
	4,534,000	Series 2019-GC41-B		3.20	%	08/10/2056		3,853,479
	8,478,000	Series 2020-555-F		3.50	%(a)(c)	12/10/2041		6,598,042
	10,383,000	Series 2022-GC48-A5		4.58	%(c)	05/15/2054		10,069,548
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	50,077,077	Series 2016-C1-XA		1.36	%(c)(i)	05/10/2049		465,056
		Commercial Mortgage Pass Through Certificates
	1,275,330	Series 2014-CR16-B		4.58	%	04/10/2047		1,229,378
	3,325,000	Series 2015-CR25-B		4.52	%(c)	08/10/2048		3,275,428
	47,983,078	Series 2015-CR26-XA		0.89	%(c)(i)	10/10/2048		91,672
	4,310,000	Series 2015-LC21-C		4.31	%(c)	07/10/2048		4,064,393
	40,706,649	Series 2016-DC2-XA		0.91	%(c)(i)	02/10/2049		226,594
		Computershare Corporate Trust
	4,891,000	Series 2015-C31-C		4.59	%(c)	11/15/2048		4,688,695
	27,551,240	Series 2015-NXS1-XA		0.95	%(c)(i)	05/15/2048		13,773
	47,151,831	Series 2015-P2-XA		0.91	%(c)(i)	12/15/2048		245,416
	56,371,788	Series 2016-NXS6-XA		1.59	%(c)(i)	11/15/2049		889,023
	2,638,000	Series 2018-C45-C		4.73	%	06/15/2051		2,437,278
	7,228,000	Series 2018-C46-C		4.96	%(c)	08/15/2051		6,500,313
	5,000,000	Series 2018-C47-C		4.92	%(c)	09/15/2061		4,676,827
	6,546,000	Series 2018-C48-C		5.13	%(c)	01/15/2052		5,953,187
	19,617,868	Series 2019-C49-XA		1.25	%(c)(i)	03/15/2052		768,691
	10,776,000	Series 2019-C50-C		4.35	%	05/15/2052		9,625,166
	2,705,000	Series 2020-C55-B		3.14	%	02/15/2053		2,365,541
	1,014,670	Series 2020-C58-A3		1.81	%	07/15/2053		872,198
	5,510,000	Series 2020-C58-B		2.70	%	07/15/2053		4,474,573
	117,201,923	Series 2021-C59-XA		1.50	%(c)(i)	04/15/2054		7,799,425
	2,436,000	Series 2021-C61-C		3.31	%	11/15/2054		1,964,651
		Credit Suisse Mortgage Capital Certificates
	6,380,000	Series 2021-B33-B		3.64	%(a)(c)	10/10/2043		5,370,544
		CSAIL Commercial Mortgage Trust
	34,518,654	Series 2016-C6-XA		1.85	%(c)(i)	01/15/2049		474,272
	6,000,000	Series 2018-C14-C		4.88	%(c)	11/15/2051		5,324,302
	9,269,000	Series 2019-C16-B		3.88	%	06/15/2052		8,381,765
	61,893,847	Series 2020-C19-XA		1.09	%(c)(i)	03/15/2053		2,697,674
		DOLP Trust
	4,550,000	Series 2021-NYC-D		3.70	%(a)(c)	05/10/2041		3,577,362
		GS Mortgage Securities Corp. II
	267,581	Series 2011-GC5-XA		0.00	%(a)(c)(i)	08/10/2044		158
	6,484,000	Series 2014-GC26-D		4.44	%(a)(c)	11/10/2047		4,051,884
	2,635,000	Series 2015-GC32-B		4.39	%(c)	07/10/2048		2,595,762
	89,030,379	Series 2015-GS1-XA		0.75	%(c)(i)	11/10/2048		336,570
	1,825,000	Series 2016-GS2-C		4.70	%(c)	05/10/2049		1,758,791
	43,352,921	Series 2016-GS2-XA		1.72	%(c)(i)	05/10/2049		591,273
	2,588,000	Series 2018-RIVR-C (1 mo. Term SOFR + 1.55%, 1.50% Floor)		5.94	%(a)	07/15/2035		108,696
	1,070,000	Series 2019-GC42-A3		2.75	%	09/10/2052		965,288

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		JP Morgan Chase Commercial Mortgage Securities
	46,663,990	Series 2015-JP1-XA		0.88	%(c)(i)	01/15/2049		228,500
	1,000,000	Series 2019-COR4-C		4.94	%(c)	03/10/2052		730,963
	7,958,000	Series 2020-LOOP-E		3.86	%(a)(c)	12/05/2038		1,019,671
		JPMBB Commercial Mortgage Securities Trust
	9,832,260	Series 2014-C25-XA		0.54	%(c)(i)	11/15/2047		98
	1,684,000	Series 2015-C27-B		3.90	%	02/15/2048		1,368,748
	7,860,000	Series 2015-C27-D		3.79	%(a)(c)	02/15/2048		2,030,344
	4,987,000	Series 2015-C29-C		4.18	%(c)	05/15/2048		4,305,724
	44,591,255	Series 2015-C30-XA		0.41	%(c)(i)	07/15/2048		34,942
	33,002,489	Series 2015-C31-XA		0.80	%(c)(i)	08/15/2048		76,388
		JPMDB Commercial Mortgage Securities Trust
	7,675,000	Series 2016-C2-AS		3.48	%	06/15/2049		7,043,321
	43,338,391	Series 2016-C2-XA		1.47	%(c)(i)	06/15/2049		548,547
		LoanCore
	5,000,000	Series 2021-CRE5-C (1 mo. Term SOFR + 2.46%, 2.46% Floor)		6.86	%(a)	07/15/2036		5,015,905
		LSTAR Commercial Mortgage Trust
	5,425,000	Series 2016-4-C		4.61	%(a)(c)	03/10/2049		5,138,746
		MF1 Multifamily Housing Mortgage Loan Trust
	5,500,000	Series 2023-FL12-B (1 mo. Term SOFR + 3.18%, 3.18% Floor)		7.54	%(a)	10/19/2038		5,526,845
	910,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.06	%(a)	08/18/2041		913,348
		Morgan Stanley Bank of America Merrill Lynch Trust
	498,201	Series 2015-C20-XA		0.89	%(c)(i)	02/15/2048		5
	75,089,000	Series 2015-C23-XB		0.13	%(a)(c)(i)	07/15/2050		42,057
	39,779,767	Series 2016-C30-XA		1.28	%(c)(i)	09/15/2049		593,228
	6,364,000	Series 2017-C33-B		4.11	%	05/15/2050		6,027,217
		Morgan Stanley Capital I, Inc.
	22,956,777	Series 2016-UB11-XA		1.43	%(c)(i)	08/15/2049		383,780
		Natixis Commercial Mortgage Securities Trust
	2,108,000	Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor)		7.75	%(a)	06/15/2035		942,326
		NJ Trust
	2,300,000	Series 2023-GSP-A		6.48	%(a)(c)	01/06/2029		2,395,835
		Ready Capital Corp.
	4,750,000	Series 2021-FL7-C (1 mo. Term SOFR + 2.31%, 2.20% Floor)		6.65	%(a)	11/25/2036		4,768,791
		SG Commercial Mortgage Securities LLC
	1,789,000	Series 2016-C5-B		3.93	%	10/10/2048		1,677,651
	38,284,144	Series 2016-C5-XA		1.82	%(c)(i)	10/10/2048		705,791
		SLG Office Trust
	10,336,000	Series 2021-OVA-E		2.85	%(a)	07/15/2041		8,331,928
		UBS Commercial Mortgage Trust
	8,911,000	Series 2017-C1-B		4.04	%	06/15/2050		8,169,358
	2,491,000	Series 2017-C6-B		4.15	%(c)	12/15/2050		2,272,086
	1,450,000	Series 2017-C7-B		4.29	%(c)	12/15/2050		1,360,929
	6,958,000	Series 2017-C7-C		4.58	%(c)	12/15/2050		6,431,083
	4,189,000	Series 2018-C11-C		4.88	%(c)	06/15/2051		3,709,697
	2,896,000	Series 2018-C12-C		5.02	%(c)	08/15/2051		2,616,764
		UBS-Barclays Commercial Mortgage Trust
	1,503,790	Series 2013-C5-B		3.65	%(a)(c)	03/10/2046		1,394,063
	7,795,924	Series 2013-C5-C		3.72	%(a)(c)	03/10/2046		6,773,800
	1,374,000	Series 2013-C5-D		3.72	%(a)(c)	03/10/2046		1,028,257
		VEGAS Trust
	2,775,000	Series 2024-TI-A		5.52	%(a)	11/10/2039		2,784,109
		VMC Finance LLC
	4,000,000	Series 2022-FL5-AS (30 day avg SOFR US + 2.40%, 2.40% Floor)		7.00	%(a)	02/18/2039		4,027,604
		Wachovia Bank Commercial Mortgage Trust
	7,096	Series 2006-C29-IO		0.29	%(c)(i)	11/15/2048		18
		WF-RBS Commercial Mortgage Trust
	2,228,162	Series 2014-C21-XA		0.50	%(c)(i)	08/15/2047		4,422
	5,171,055	Series 2014-C22-XA		0.27	%(c)(i)	09/15/2057		52
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $474,750,588)						350,760,308

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 11.4%
		Adjustable Rate Mortgage Trust
	5,845,055	Series 2007-1-4A1		5.59	%(c)	03/25/2037		3,612,585
	19,257	Series 2007-3-1A1		5.40	%(a)(c)	11/25/2037		18,339
		AlphaFlow Transitional Mortgage Trust
	964,618	Series 2021-WL1-A1		3.28	%(a)(j)	01/25/2026		942,441
		AMSR Trust
	3,100,000	Series 2019-SFR1-E		3.47	%(a)	01/19/2039		2,985,720
	10,000,000	Series 2021-SFR1-F		3.60	%(a)	06/17/2038		9,032,184
	3,000,000	Series 2021-SFR2-E1		2.48	%(a)	08/17/2038		2,840,125
	2,500,000	Series 2021-SFR2-E2		2.58	%(a)	08/17/2038		2,361,578
	4,500,000	Series 2021-SFR2-F1		3.28	%(a)	08/17/2038		4,265,117
	2,000,000	Series 2021-SFR2-F2		3.67	%(a)	08/17/2038		1,891,889
	8,900,000	Series 2023-SFR2-A		3.95	%(a)	06/17/2040		8,547,034
		Argent Securities, Inc. Asset-Backed Pass-Through Certificates
	10,685,398	Series 2006-M1-A2C (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	07/25/2036		2,838,133
	13,606,421	Series 2006-M1-A2D (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.93	%	07/25/2036		3,613,641
		Banc of America Funding Corp.
	129,998	Series 2005-G-A3		2.27	%(c)	10/20/2035		86,696
	51,331	Series 2006-2-6A2		5.50	%	03/25/2036		49,684
	78,923	Series 2006-6-1A2		6.25	%	08/25/2036		66,222
		Bear Stearns Asset Backed Securities Trust
	256,094	Series 2007-SD1-1A3A		6.50	%	10/25/2036		92,976
		CAFL Issuer LLC
	4,492,963	Series 2021-RTL1-A1		2.24	%(a)(j)	03/28/2029		4,459,015
		Carrington Mortgage Loan Trust
	5,074,097	Series 2006-NC5-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 14.50% Cap)		4.60	%	01/25/2037		4,455,828
		Chase Mortgage Finance Corp.
	776,578	Series 2007-S3-2A1		5.50	%	05/25/2037		8
		CIM Trust
	6,953,000	Series 2020-R2-M2		3.00	%(a)(c)	10/25/2059		5,463,943
		Citigroup Mortgage Loan Trust, Inc.
	3,777,266	Series 2007-OPX1-A1A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	01/25/2037		1,682,292
	22,919,554	Series 2019-A-PT1		3.92	%(a)	10/25/2058		19,053,484
	39,523,953	Series 2021-RP2-A1		1.75	%(a)(c)	03/25/2065		34,957,399
	5,674,000	Series 2021-RP2-M1		3.25	%(a)(c)	03/25/2065		4,751,420
	4,752,000	Series 2021-RP2-M2		3.40	%(a)(c)	03/25/2065		3,825,725
	4,413,000	Series 2021-RP2-M3		3.40	%(a)(c)	03/25/2065		3,397,514
	12,947,647	Series 2021-RP2-PT1		5.69	%(a)(c)	03/25/2065		10,657,143
		Citimortgage Alternative Loan Trust
	50,688	Series 2006-A2-A2		6.00	%	05/25/2036		46,308
	27,908	Series 2006-A5-3A3Pool 2006-A5		6.00	%	10/25/2036		22,131
	206,758	Series 2007-A1-1A7		6.00	%	01/25/2037		180,326
	6,436,737	Series 2007-A2-1A5		6.00	%	02/25/2037		5,665,010
	2,922,139	Series 2007-A5-1A10		5.75	%	05/25/2037		2,615,296
		CitiMortgage, Inc.
	18,726	Series 2005-1-1A4		5.50	%	02/25/2035		17,800
		Colony American Finance Ltd.
	1,000,000	Series 2020-4-E		3.38	%(a)	12/15/2052		814,293
		Countrywide Alternative Loan Trust
	58,708	Series 2005-20CB-1A1		5.50	%	07/25/2035		46,347
	119,243	Series 2005-28CB-3A6		6.00	%	08/25/2035		47,452
	11,626,819	Series 2005-37T1-A5 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 5.50% Cap)		4.90	%	09/25/2035		7,021,480
	416,079	Series 2005-46CB-A22		5.25	%	10/25/2035		284,274
	6,463,335	Series 2005-49CB-A2		5.50	%	11/25/2035		4,113,762
	60,684	Series 2005-J10-1A13 (1 mo. Term SOFR + 0.81%, 0.70% Floor, 5.50% Cap)		5.15	%	10/25/2035		37,032
	247,970	Series 2006-26CB-A9		6.50	%	09/25/2036		124,442

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	5,840,635	Series 2006-42-1A8		6.00	%	01/25/2047		3,042,381
	925,455	Series 2007-12T1-A1		6.00	%	06/25/2037		419,439
	5,859,920	Series 2007-12T1-A3		6.00	%	06/25/2037		2,655,858
	1,007,221	Series 2007-16CB-2A1 (1 mo. Term SOFR + 0.56%, 0.45% Floor, 7.00% Cap)		4.90	%	08/25/2037		336,413
	291,666	Series 2007-16CB-2A2 (-8 x 1 mo. Term SOFR + 53.63%, 0.00% Floor, 54.58% Cap)		17.47	%(k)	08/25/2037		340,616
	52,796	Series 2007-17CB-1A10 (-5 x 1 mo. Term SOFR + 29.37%, 0.00% Floor, 29.90% Cap)		9.42	%(k)	08/25/2037		40,465
	238,940	Series 2007-18CB-2A17		6.00	%	08/25/2037		139,663
	1,309,331	Series 2007-23CB-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor, 7.00% Cap)		4.95	%	09/25/2037		476,185
	1,286,195	Series 2007-23CB-A4 (-1 x 1 mo. Term SOFR + 6.39%, 0.00% Floor, 6.50% Cap)		2.05	%(i)(k)	09/25/2037		152,810
	5,588,724	Series 2007-8CB-A1		5.50	%	05/25/2037		2,887,034
	4,177,453	Series 2007-OA8-2A1 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	06/25/2047		3,202,072
		Countrywide Home Loan Mortgage Pass Through Trust
	139,446	Series 2005-28-A7		5.25	%	11/01/2035		71,210
	403,669	Series 2007-10-A5		6.00	%	07/25/2037		179,001
	143,636	Series 2007-15-1A16		6.25	%	09/25/2037		85,849
	420,593	Series 2007-3-A17		6.00	%	04/25/2037		200,816
		Credit Suisse First Boston Mortgage Securities Corp.
	47,316	Series 2005-10-5A5		5.50	%	11/25/2035		34,008
		Credit Suisse Management LLC
	512,245	Series 2005-8-1A3		5.25	%	09/25/2035		400,615
		Credit Suisse Mortgage Capital Certificates
	2,364,895	Series 2006-4-6A1		6.00	%	05/25/2036		823,682
	19,564	Series 2006-4-7A1		5.50	%	05/25/2056		11,251
	62,264	Series 2007-1-3A1		6.00	%	02/25/2025		7,681
	8,625	Series 2007-2-2A1		5.00	%	03/25/2037		6,304
	3,004,051	Series 2009-3R-19A2		6.00	%(a)	01/27/2038		1,320,057
	571,407	Series 2010-4R-3A17		6.00	%(a)(c)	06/26/2037		507,511
	27,778,684	Series 2020-RPL1-PT1		3.32	%(a)(c)	10/25/2069		21,522,638
	9,035,400	Series 2020-RPL4-M1		2.50	%(a)	01/25/2060		6,781,814
	1,760,776	Series 2021-JR1-A1		5.47	%(a)(c)	09/27/2066		1,756,389
		Credit-Based Asset Servicing and Securitization LLC
	5,857,360	Series 2007-RP1-A (1 mo. Term SOFR + 0.42%, 0.31% Floor)		5.01	%(a)	05/25/2046		5,014,802
		Deutsche ALT-A Securities, Inc.
	4,126,969	Series 2005-6-2A1		5.50	%	12/25/2035		3,420,242
	3,556,237	Series 2005-AR2-2A1		5.21	%(c)	10/25/2035		2,237,072
	6,493,500	Series 2007-OA1-A1 (1 mo. Term SOFR + 0.26%, 0.15% Floor)		4.60	%	02/25/2047		3,700,677
		Deutsche Mortgage Securities, Inc.
	346,627	Series 2006-PR1-3A1 (-1 x 1 mo. Term SOFR + 11.96%, 12.12% Cap)		5.81	%(a)	04/15/2036		312,044
	21,094	Series 2006-PR1-4AI2 (-2 x 1 mo. Term SOFR + 14.39%, 14.61% Cap)		5.99	%(a)	04/15/2036		18,909
	586,699	Series 2006-PR1-5AI4 (-1 x 1 mo. Term SOFR + 11.96%, 12.12% Cap)		5.81	%(a)	04/15/2036		500,685
		Fannie Mae Connecticut Avenue Securities
	4,781,211	Series 2024-R03-2M1 (30 day avg SOFR US + 1.15%, 0.00% Floor)		5.71	%(a)	03/25/2044		4,783,570
		First Franklin Mortgage Loan Asset Backed Certificates
	15,984,000	Series 2006-FF15-A6 (1 mo. Term SOFR + 0.42%, 0.31% Floor)		4.76	%	11/25/2036		13,167,098
	10,087,577	Series 2007-FF2-A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	03/25/2037		5,160,314
		First Horizon Alternative Mortgage Securities
	196,376	Series 2006-FA2-1A5		6.00	%	05/25/2036		79,484
	33,522	Series 2006-RE1-A1		5.50	%(c)	05/25/2035		21,650
		Freedom Mortgage Parent LLC
	16,440,000	Series 2021-GT2-A		3.85	%(a)(c)	10/25/2026		15,251,884
		GCAT
	6,944,000	Series 2021-NQM6-M1		3.41	%(a)(c)	08/25/2066		4,976,798

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		GMAC Mortgage Corp. Loan Trust
	1,123,219	Series 2006-J1-A6		5.75	%	04/25/2036		973,416
		GS Mortgage-Backed Securities Trust
	7,546,000	Series 2020-NQM1-M1		3.29	%(a)(c)	09/27/2060		6,775,679
		GSAA Trust
	3,472	Series 2005-7-AF5		5.11	%(j)	05/25/2035		3,388
	799,672	Series 2007-10-A1A		6.00	%	11/25/2037		442,827
	929,401	Series 2007-10-A2A		6.50	%	11/25/2037		342,097
		GSR Mortgage Loan Trust
	1,432,309	Series 2006-3F-4A1		6.00	%	03/25/2036		753,716
	22,702,102	Series 2006-OA1-1A1 (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.89	%	08/25/2046		4,901,915
	37,500	Series 2007-1F-2A2		5.50	%	01/25/2037		124,432
		Harborview Mortgage Loan Trust
	9,404,825	Series 2005-7-2A1 (1 mo. Term SOFR + 0.68%, 0.57% Floor, 11.00% Cap)		5.05	%	06/19/2045		5,138,762
		Home Partners of America Trust
	2,469,234	Series 2021-1-D		2.48	%(a)	09/17/2041		2,107,328
	1,135,011	Series 2021-1-E		2.58	%(a)	09/17/2041		954,066
	1,277,306	Series 2021-1-F		3.33	%(a)	09/17/2041		1,059,884
		Homeward Opportunities Fund I Trust
	5,250,000	Series 2020-2-M1		3.90	%(a)(c)	05/25/2065		4,961,497
		HSI Asset Securitization Corp.
	21,810,328	Series 2006-HE1-1A1 (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	10/25/2036		6,071,328
	8,984,623	Series 2007-NC1-A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	04/25/2037		5,985,730
		Impac Secured Assets CMN Owner Trust
	21,345,569	Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap)		4.99	%	02/25/2037		19,278,838
		Imperial Fund Mortgage Trust
	2,728,000	Series 2021-NQM4-M1		3.45	%(a)(c)	01/25/2057		1,985,934
		Indymac IMSC Mortgage Loan Trust
	1,330,403	Series 2007-HOA1-A11 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	07/25/2047		869,044
	1,322,999	Series 2007-HOA1-A24 (1 mo. Term SOFR + 0.73%, 0.62% Floor)		5.07	%	07/25/2047		913,925
		Invitation Homes Trust
	13,127,000	Series 2024-SFR1-D		4.25	%(a)	09/17/2041		11,939,823
		JP Morgan Alternative Loan Trust
	2,033,947	Series 2005-A2-1M1 (1 mo. Term SOFR + 0.80%, 0.69% Floor, 11.50% Cap)		5.14	%	01/25/2036		1,964,380
	1,844,776	Series 2006-S3-A4		6.81	%(j)	08/25/2036		1,770,088
	21,148	Series 2006-S3-A6		6.62	%(j)	08/25/2036		20,463
	21,068	Series 2006-S4-A6		6.21	%(j)	12/25/2036		21,255
		JP Morgan Mortgage Acquisition Corp.
	13,023,632	Series 2006-WMC2-A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	07/25/2036		5,550,765
	14,847,452	Series 2006-WMC3-A4 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	08/25/2036		10,817,107
	12,455,109	Series 2006-WMC4-A5 (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.87	%	12/25/2036		6,507,991
		JP Morgan Mortgage Trust
	158,691	Series 2007-S3-1A7		6.00	%	08/25/2037		71,386
		Legacy Mortgage Asset Trust
	20,886,117	Series 2019-RPL3-PT1		0.00	%(a)	06/25/2058		17,358,905
	7,256,722	Series 2021-GS3-A2		6.25	%(a)(j)	07/25/2061		7,242,824
		Lehman Mortgage Trust
	367,631	Series 2006-3-1A5		6.00	%	07/25/2036		181,943
	24,692	Series 2006-9-1A19 (-5 x 1 mo. Term SOFR + 30.16%, 0.00% Floor, 30.68% Cap)		10.20	%(k)	01/25/2037		19,783
	85,297	Series 2007-2-1A1		5.75	%	02/25/2037		56,265
		Lehman XS Trust
	2,896,038	Series 2005-9N-1A1 (1 mo. Term SOFR + 0.38%, 0.27% Floor)		4.72	%	02/25/2036		2,635,738
	2,620,200	Series 2007-1-1A2 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	02/25/2037		2,494,678
	8,806,709	Series 2007-15N-3A1 (1 mo. Term SOFR + 0.36%, 0.25% Floor)		4.95	%	08/25/2047		7,629,924
	8,007,369	Series 2007-3-2A3 (1 mo. Term SOFR + 0.59%, 0.48% Floor)		4.93	%	03/25/2037		7,291,750

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Long Beach Mortgage Loan Trust
	33,470,925	Series 2006-2-2A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor)		4.83	%	03/25/2046		11,845,016
	12,986,796	Series 2006-3-2A3 (1 mo. Term SOFR + 0.47%, 0.36% Floor)		4.81	%	05/25/2046		3,930,693
	15,074,625	Series 2006-6-2A3 (1 mo. Term SOFR + 0.41%, 0.30% Floor)		4.75	%	07/25/2036		5,745,238
		MASTR Alternative Loans Trust
	73,761	Series 2005-2-3A1		6.00	%	03/25/2035		55,997
	4,460,579	Series 2006-1-A5		6.00	%	02/25/2036		1,982,047
	32,352	Series 2007-1-2A7		6.00	%	10/25/2036		8,852
		Mastr Asset Backed Securities Trust
	10,684,565	Series 2005-NC2-A3 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.70	%	11/25/2035		6,009,435
		MASTR Asset Securitization Trust
	722,583	Series 2006-2-1A11 (1 mo. Term SOFR + 6.00%, 6.00% Floor)		6.00	%	06/25/2036		417,212
		Merrill Lynch Alternative Note Asset
	1,615,652	Series 2007-F1-2A8		6.00	%	03/25/2037		557,553
	7,170,828	Series 2007-OAR4-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	08/25/2037		6,185,605
		Merrill Lynch Mortgage Investors, Inc.
	4,902,311	Series 2007-MLN1-A1 (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	03/25/2037		3,682,583
		Morgan Stanley ABS Capital I, Inc.
	7,240,812	Series 2006-HE5-A2C (1 mo. Term SOFR + 0.39%, 0.28% Floor)		4.73	%	08/25/2036		3,598,410
		Morgan Stanley Mortgage Loan Trust
	19,538	Series 2004-1-1A1		5.00	%	11/25/2033		13,777
	400,114	Series 2005-7-7A4		5.50	%	11/25/2035		364,286
	1,377,534	Series 2006-7-3A		5.10	%(c)	06/25/2036		736,323
	24,466,562	Series 2007-2AX-2A2 (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	12/25/2036		8,479,230
	7,596,200	Series 2007-7AX-2A1 (1 mo. Term SOFR + 0.35%, 0.24% Floor)		4.69	%	04/25/2037		2,056,963
		Morgan Stanley Reremic Trust
	36,348	Series 2010-R6-5C		5.75	%(a)(c)	05/26/2037		34,460
		MortgageIT Trust
	13,486,261	Series 2007-1-2A11 (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.89	%	06/25/2047		11,416,781
		New Century Home Equity Loan Trust
	6,000,000	Series 2005-B-M2 (1 mo. Term SOFR + 0.85%, 0.74% Floor)		5.19	%	10/25/2035		5,063,582
		Nomura Asset Acceptance Corp.
	158,284	Series 2006-AP1-A2		5.52	%(c)	01/25/2036		43,646
		Nomura Home Equity Loan, Inc.
	491,701	Series 2006-AF1-A2		6.30	%(j)	10/25/2036		102,398
	818,770	Series 2007-1-1A1		6.56	%(j)	02/25/2037		209,838
		NRZ Excess Spread-Collateralized Notes
	2,338,930	Series 2020-PLS1-A		3.84	%(a)	12/25/2025		2,301,284
		Onslow Bay Mortgage Loan Trust
	15,000,000	Series 2024-NQM18-A1		5.41	%(a)(c)	10/25/2064		14,974,802
		Option One Mortgage Loan Trust
	26,491	Series 2004-3-M3 (1 mo. Term SOFR + 1.09%, 0.98% Floor)		5.43	%	11/25/2034		27,095
	15,749,970	Series 2007-6-1A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%	07/25/2037		13,707,333
		PennyMac Mortgage Investment Trust
	3,183,893	Series 2020-1R-A (30 day avg SOFR US + 3.46%, 2.35% Floor)		8.01	%(a)	02/25/2025		3,186,971
	15,000,000	Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor)		7.45	%(a)	03/25/2026		15,071,727
		PR Mortgage Loan Trust
	4,492,934	Series 2014-1-APT		5.86	%(a)(c)	10/25/2049		4,244,149
		Pretium Mortgage Credit Partners LLC
	3,943,008	Series 2021-RN2-A1		4.74	%(a)(j)	07/25/2051		3,922,882
	14,710,676	Series 2024-NPL6-A1		5.93	%(a)(j)	10/25/2054		14,648,603
		Progress Residential Trust
	3,404,000	Series 2021-SFR6-E2		2.53	%(a)	07/17/2038		3,259,242
	4,666,000	Series 2021-SFR6-F		3.42	%(a)	07/17/2038		4,519,592
	5,100,000	Series 2021-SFR8-F		3.18	%(a)	10/17/2038		4,788,659

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		PRPM LLC
	1,378,298	Series 2021-9-A1		5.36	%(a)(j)	10/25/2026		1,375,568
	10,482,680	Series 2024-4-A1		6.41	%(a)(j)	08/25/2029		10,515,371
	4,338,382	Series 2024-7-A1		5.87	%(a)(j)	11/25/2029		4,352,775
	12,500,000	Series 2024-NQM4-A1		5.67	%(a)(j)	12/26/2069		12,596,525
		RALI Trust
	107,225	Series 2005-QS14-3A3		6.00	%	09/25/2035		91,903
	138,434	Series 2006-QS10-A4		5.75	%	08/25/2036		112,055
	1,510,586	Series 2006-QS10-A9		6.50	%	08/25/2036		1,272,243
	1,608,400	Series 2006-QS4-A10		6.00	%	04/25/2036		1,286,829
	312,132	Series 2006-QS6-1A15		6.00	%	06/25/2036		246,959
	1,509	Series 2006-QS6-2A1		6.00	%	12/25/2025		–
	19,134,568	Series 2007-QH5-AII (1 mo. Term SOFR + 0.57%, 0.46% Floor)		4.91	%	06/25/2037		7,778,143
	541,224	Series 2007-QS3-A4		6.25	%	02/25/2037		434,312
	1,959,117	Series 2007-QS9-A33		6.50	%	07/25/2037		1,570,973
		RAMP Trust
	11,500,000	Series 2006-NC1-M2 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 14.00% Cap)		5.05	%	01/25/2036		9,719,572
		RBSGC Mortgage Pass Through Certificates
	6,100,102	Series 2005-A-3A		6.00	%	04/25/2035		2,297,775
		Residential Asset Securitization Trust
	154,641	Series 2005-A10-A3		5.50	%	09/25/2035		70,592
	218,968	Series 2005-A11-2A4		6.00	%	10/25/2035		93,060
	1,616,318	Series 2006-A6-1A1		6.50	%	07/25/2036		458,806
	110,080	Series 2006-R1-A1 (-4 x 1 mo. Term SOFR + 27.94%, 0.00% Floor, 28.40% Cap)		10.59	%(k)	01/25/2046		86,138
		RESIDENTIAL MORTGAGE LOAN TRUST
	5,154,000	Series 2020-1-M1		3.24	%(a)(c)	01/26/2060		4,907,192
		RFMSI Trust
	35,044	Series 2006-S10-1A2		6.00	%	10/25/2036		26,750
	367,609	Series 2007-S2-A4		6.00	%	02/25/2037		273,533
	273,506	Series 2007-S3-1A4		6.00	%	03/25/2037		194,776
		Saxon Asset Securities Trust
	7,695,758	Series 2005-2-M4 (1 mo. Term SOFR + 1.06%, 0.95% Floor, 11.50% Cap)		5.40	%	10/25/2035		5,203,610
		Securitized Asset Backed Receivables LLC
	13,966,274	Series 2007-BR3-A1 (1 mo. Term SOFR + 0.43%, 0.32% Floor, 100.00% Cap)		4.77	%(a)	04/25/2037		9,106,038
	17,695,948	Series 2007-BR3-A2A (1 mo. Term SOFR + 0.25%, 0.14% Floor)		4.59	%	04/25/2037		11,616,351
	12,552,561	Series 2007-BR3-A2B (1 mo. Term SOFR + 0.55%, 0.44% Floor)		4.89	%	04/25/2037		8,239,402
	2,257,995	Series 2007-BR3-A2C (1 mo. Term SOFR + 0.67%, 0.56% Floor)		5.01	%	04/25/2037		1,482,094
	19,273,358	Series 2007-HE1-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor)		4.77	%	12/25/2036		4,145,331
		Securitized Mortgage Asset Loan Trust
	21,742,979	Series 2015-1-PC		1.49	%(a)(c)	02/25/2054		18,108,044
		Sequoia Mortgage Trust
	3,058,369	Series 2007-3-2AA1		4.62	%(c)	07/20/2037		2,389,357
		Soundview Home Equity Loan Trust
	6,144,716	Series 2007-OPT4-1A1 (1 mo. Term SOFR + 1.11%, 1.00% Floor)		5.45	%	09/25/2037		4,310,529
		Starwood Mortgage Residential Trust
	5,910,000	Series 2020-1-B1		3.73	%(a)(c)	02/25/2050		4,831,654
		Structured Asset Investment Loan Trust
	10,077,661	Series 2006-BNC3-A1 (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.63	%	09/25/2036		6,147,713
		Structured Asset Securities Corp.
	648,073	Series 2005-RF1-A (1 mo. Term SOFR + 0.46%, 0.35% Floor)		4.80	%(a)	03/25/2035		579,772
	648,073	Series 2005-RF1-AIO		0.00	%(a)(c)(i)	03/25/2035		6
		Velocity Commercial Capital Loan Trust
	920,215	Series 2018-1-M1		3.91	%(a)	04/25/2048		859,531
	503,741	Series 2018-1-M2		4.26	%(a)	04/25/2048		460,557

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	310,595	Series 2018-1-M3		4.41	%(a)	04/25/2048		278,414
	1,399,493	Series 2019-1-M1		3.94	%(a)(c)	03/25/2049		1,271,345
	655,141	Series 2019-1-M2		4.01	%(a)(c)	03/25/2049		578,295
	578,184	Series 2019-1-M3		4.12	%(a)(c)	03/25/2049		503,425
		Vericrest Opportunity Loan Transferee
	2,094,959	Series 2021-CF1-A1		4.99	%(a)(j)	08/25/2051		2,094,270
	1,365,118	Series 2021-CF2-A1		5.49	%(a)(j)	11/27/2051		1,361,031
	4,693,230	Series 2021-NP12-A1		5.73	%(a)(j)	12/26/2051		4,691,910
	229,771	Series 2021-NPL1-A1		4.89	%(a)(j)	02/27/2051		229,775
	1,322,868	Series 2021-NPL5-A1		5.12	%(a)(j)	03/27/2051		1,323,515
	1,616,981	Series 2021-NPL6-A1		5.24	%(a)(j)	04/25/2051		1,619,376
		Verus Securitization Trust
	15,000,000	Series 2024-9-A1		5.44	%(a)(c)	11/25/2069		15,069,060
	9,769,326	Series 2024-INV2-A1		5.33	%(a)(j)	08/26/2069		9,746,672
		WaMu Mortgage Pass Through Certificates
	4,081,004	Series 2006-AR13-1A (12 Month US Treasury Average + 0.88%, 0.88% Floor)		5.71	%	10/25/2046		3,429,888
	1,257,623	Series 2006-AR19-2A (12 Month US Treasury Average + 1.25%, 1.25% Floor)		6.08	%	01/25/2047		1,127,953
	4,033,433	Series 2007-HY7-2A1		4.11	%(c)	07/25/2037		3,535,851
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	67,562	Series 2005-1-2A		6.00	%	03/25/2035		56,724
	370,837	Series 2006-1-3A1		5.75	%	02/25/2036		338,392
	962,305	Series 2006-2-4CB		6.00	%	03/25/2036		918,345
	6,914,544	Series 2006-8-A5		4.12	%(j)	10/25/2036		2,345,496
	3,072,885	Series 2006-8-A6		4.12	%(j)	10/25/2036		1,043,277
	6,479,271	Series 2007-2-1A2		6.00	%	04/25/2037		5,175,456
	4,544,166	Series 2007-2-1A3		6.00	%	04/25/2037		3,629,750
	578,652	Series 2007-3-A6		6.00	%	04/25/2037		505,013
	48,536	Series 2007-5-A11 (-6 x 1 mo. Term SOFR + 38.79%, 0.00% Floor, 39.48% Cap)		12.76	%(k)	06/25/2037		48,755
	5,996,160	Series 2007-5-A3		7.00	%	06/25/2037		4,687,448
		Wells Fargo Alternative Loan Trust
	297,551	Series 2007-PA5-1A1		6.25	%	11/25/2037		258,744
		Wells Fargo Mortgage Backed Securities Trust
	6,240	Series 2005-AR14-A6		7.34	%(c)	08/25/2035		6,041
	381,033	Series 2006-7-2A1		6.00	%	06/25/2036		334,238
	15,821	Series 2007-7-A1		6.00	%	06/25/2037		14,372
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $941,620,134)						770,906,887
	US CORPORATE BONDS - 15.4%
	780,000	AAR Escrow Issuer LLC		6.75	%(a)	03/15/2029		791,710
	5,404,000	AbbVie, Inc.		4.70	%	05/14/2045		4,773,990
	2,845,000	AbbVie, Inc.		5.50	%	03/15/2064		2,718,956
	1,015,000	Academy Ltd.		6.00	%(a)	11/15/2027		1,010,464
	405,000	Acrisure LLC / Acrisure Finance, Inc.		6.00	%(a)	08/01/2029		390,024
	1,650,000	Acuris Finance US, Inc. / Acuris Finance SARL		5.00	%(a)	05/01/2028		1,501,063
	620,000	Acushnet Co.		7.38	%(a)	10/15/2028		641,590
	655,000	AdaptHealth LLC		5.13	%(a)	03/01/2030		596,970
	1,240,000	Advanced Drainage Systems, Inc.		6.38	%(a)	06/15/2030		1,245,794
	2,895,000	AEP Texas, Inc.		5.45	%	05/15/2029		2,933,753
	1,225,000	Aethon United BR LP / Aethon United Finance Corp.		7.50	%(a)	10/01/2029		1,253,969
	4,927,000	AGCO Corp.		5.80	%	03/21/2034		4,955,341
	2,492,000	Agree LP		2.60	%	06/15/2033		2,004,569
	4,870,000	Alexandria Real Estate Equities, Inc.		3.00	%	05/18/2051		2,983,443
	984,000	Alexandria Real Estate Equities, Inc.		5.15	%	04/15/2053		878,589
	1,145,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.75	%(a)	10/15/2027		1,136,687
	735,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.50	%(a)	10/01/2031		728,660
	1,660,000	Allied Universal Holdco LLC		7.88	%(a)	02/15/2031		1,698,728
	615,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.		6.00	%(a)	06/01/2029		561,023
	355,000	AMC Entertainment Holdings, Inc.		7.50	%(a)	02/15/2029		315,558

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	750,000	Amentum Holdings, Inc.		7.25	%(a)	08/01/2032		756,538
	1,290,000	American Airlines, Inc.		8.50	%(a)	05/15/2029		1,355,220
	600,000	American Axle & Manufacturing, Inc.		5.00	%	10/01/2029		548,773
	7,338,000	American Homes 4 Rent LP		5.50	%	02/01/2034		7,312,443
	2,060,000	American National Group, Inc.		5.75	%	10/01/2029		2,063,943
	2,409,000	American Tower Corp.		5.55	%	07/15/2033		2,430,924
	7,276,000	Amgen, Inc.		5.75	%	03/02/2063		6,984,228
	2,489,000	Amphenol Corp.		5.38	%	11/15/2054		2,368,297
	1,040,000	AmWINS Group, Inc.		4.88	%(a)	06/30/2029		981,368
	580,000	Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp.		7.00	%(a)	04/15/2030		515,171
	190,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.		5.25	%(a)	04/15/2030		143,098
	405,000	APH / APH2 / APH3		7.88	%(a)	11/01/2029		410,855
	2,458,000	Apollo Debt Solutions BDC		6.70	%(a)	07/29/2031		2,525,467
	1,870,000	Apollo Global Management, Inc.  (5 yr. CMT Rate + 2.17%)		6.00	%	12/15/2054		1,845,548
	2,489,000	AppLovin Corp.		5.38	%	12/01/2031		2,490,821
	1,235,000	Archrock Partners LP / Archrock Partners Finance Corp.		6.63	%(a)	09/01/2032		1,234,630
	495,000	Arcosa, Inc.		6.88	%(a)	08/15/2032		503,546
	1,249,000	Ares Capital Corp.		5.95	%	07/15/2029		1,263,467
	1,764,000	Ares Strategic Income Fund		5.70	%(a)	03/15/2028		1,764,347
	4,913,000	Arizona Public Service Co.		5.70	%	08/15/2034		4,970,951
	5,015,000	Arrow Electronics, Inc.		5.15	%	08/21/2029		4,996,551
	375,000	Arsenal AIC Parent LLC		8.00	%(a)	10/01/2030		388,518
	265,000	Artera Services LLC		8.50	%(a)	02/15/2031		255,702
	2,921,000	Arthur J Gallagher & Co.		4.85	%	12/15/2029		2,908,916
	6,259,000	Arthur J Gallagher & Co.		5.15	%	02/15/2035		6,105,468
	685,000	Ashton Woods USA LLC / Ashton Woods Finance Co.		4.63	%(a)	04/01/2030		622,248
	1,015,000	AssuredPartners, Inc.		5.63	%(a)	01/15/2029		1,027,355
	14,735,000	AT&T, Inc.		3.50	%	09/15/2053		9,931,083
	1,015,000	AthenaHealth Group, Inc.		6.50	%(a)	02/15/2030		965,606
	4,045,000	Athene Global Funding		5.35	%(a)	07/09/2027		4,085,732
	6,038,000	Athene Global Funding		4.72	%(a)	10/08/2029		5,893,409
	5,106,000	Athene Holding Ltd.  (5 yr. CMT Rate + 2.61%)		6.63	%	10/15/2054		5,090,200
	4,130,000	Atlassian Corp.		5.25	%	05/15/2029		4,162,605
	7,569,000	Aviation Capital Group LLC		1.95	%(a)	09/20/2026		7,191,058
	3,635,000	Aviation Capital Group LLC		5.38	%(a)	07/15/2029		3,639,408
	240,000	Avient Corp.		6.25	%(a)	11/01/2031		236,995
	4,215,000	Bank of America Corp.  (SOFR + 1.21%)		2.57	%	10/20/2032		3,558,330
	3,952,000	Bank of America Corp.  (SOFR + 1.65%)		5.47	%	01/23/2035		3,958,114
	2,667,000	Bank of America Corp.  (SOFR + 1.74%)		5.52	%	10/25/2035		2,609,050
	11,216,000	Bank of America Corp.  (5 yr. CMT Rate + 1.20%)		2.48	%	09/21/2036		9,143,034
	4,385,000	Bank of New York Mellon Corp.  (SOFR + 1.23%)		5.06	%	07/22/2032		4,375,199
	1,500,000	Bausch + Lomb Corp.		8.38	%(a)	10/01/2028		1,554,375
	485,000	Bausch Health Americas, Inc.		8.50	%(a)	01/31/2027		400,792
	1,080,000	Bausch Health Cos., Inc.		4.88	%(a)	06/01/2028		865,204
	465,000	Bausch Health Cos., Inc.		5.25	%(a)	01/30/2030		253,841
	93,000	Bausch Health Cos., Inc.		14.00	%(a)	10/15/2030		86,744
	1,950,000	BCPE Empire Holdings, Inc.		7.63	%(a)	05/01/2027		1,945,327
	6,923,000	Beacon Funding Trust		6.27	%(a)	08/15/2054		6,844,867
	1,135,000	Beacon Roofing Supply, Inc.		6.50	%(a)	08/01/2030		1,152,602
	1,882,000	Berry Global, Inc.		4.88	%(a)	07/15/2026		1,875,925
	2,930,000	Berry Global, Inc.		5.65	%(a)	01/15/2034		2,940,021
	4,792,000	Black Hills Corp.		6.00	%	01/15/2035		4,944,676
	3,017,000	Blackstone Private Credit Fund		6.00	%(a)	11/22/2034		2,945,895
	610,000	Blue Racer Midstream LLC / Blue Racer Finance Corp.		7.25	%(a)	07/15/2032		627,266
	400,000	Boost Newco Borrower LLC		7.50	%(a)	01/15/2031		419,662
	740,000	Brand Industrial Services, Inc.		10.38	%(a)	08/01/2030		754,099
	2,838,000	Brighthouse Financial Global Funding		2.00	%(a)	06/28/2028		2,538,353

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	7,902,000	Broadcom, Inc.		3.42	%(a)	04/15/2033		6,920,826
	6,378,000	Broadcom, Inc.		3.19	%(a)	11/15/2036		5,140,430
	4,942,000	Brown & Brown, Inc.		5.65	%	06/11/2034		4,950,784
	1,730,000	Buckeye Partners LP		6.88	%(a)	07/01/2029		1,752,698
	1,595,000	Builders FirstSource, Inc.		6.38	%(a)	03/01/2034		1,576,157
	6,228,000	Bunge Ltd. Finance Corp.		4.65	%	09/17/2034		5,881,984
	3,506,000	Burlington Northern Santa Fe LLC		5.20	%	04/15/2054		3,302,341
	2,399,000	Cadence Design Systems, Inc.		4.70	%	09/10/2034		2,301,175
	1,715,000	Caesars Entertainment, Inc.		6.00	%(a)	10/15/2032		1,655,161
	890,000	Calpine Corp.		4.50	%(a)	02/15/2028		854,328
	5,076,000	Cardinal Health, Inc.		4.60	%	03/15/2043		4,344,385
	704,000	Cardinal Health, Inc.		4.50	%	11/15/2044		582,761
	1,915,000	Carnival Corp.		5.75	%(a)	03/01/2027		1,912,183
	416,872	Carvana Co.  12.00% PIK		9.00	%(a)	12/01/2028		445,515
	710,000	Carvana Co.  13.00% PIK		13.00	%(a)	06/01/2030		780,270
	224,000	Castle US Holding Corp.		9.50	%(a)	02/15/2028		104,634
	1,325,000	CCO Holdings LLC / CCO Holdings Capital Corp.		5.13	%(a)	05/01/2027		1,303,091
	2,520,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%(a)	03/01/2030		2,304,090
	1,200,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%(a)	02/01/2032		1,054,558
	665,000	Cedar Fair LP / Canada’s Wonderland Co. / Magnum Management Corp. / Millennium Op		5.25	%	07/15/2029		639,707
	8,500,000	Centene Corp.		2.50	%	03/01/2031		7,036,100
	910,000	Central Parent LLC / CDK Global II LLC / CDK Financing Co., Inc.		8.00	%(a)	06/15/2029		927,649
	5,314,000	CF Industries, Inc.		5.38	%	03/15/2044		4,948,262
	1,905,000	Charter Communications Operating LLC / Charter Communications Operating Capital		6.10	%	06/01/2029		1,942,568
	5,408,000	Cheniere Energy Partners LP		4.00	%	03/01/2031		5,004,466
	5,139,000	Cheniere Energy, Inc.		4.63	%	10/15/2028		5,031,128
	1,260,000	Chord Energy Corp.		6.38	%(a)	06/01/2026		1,260,579
	950,000	CHS/Community Health Systems, Inc.		6.00	%(a)	01/15/2029		851,667
	455,000	CHS/Community Health Systems, Inc.		6.88	%(a)	04/15/2029		344,200
	780,000	CHS/Community Health Systems, Inc.		4.75	%(a)	02/15/2031		606,022
	2,038,000	Citigroup, Inc.  (SOFR + 1.28%)		3.07	%	02/24/2028		1,960,542
	5,131,000	Citigroup, Inc.  (5 yr. CMT Rate + 1.73%)		5.41	%	09/19/2039		4,889,571
	505,000	Civitas Resources, Inc.		8.38	%(a)	07/01/2028		525,108
	1,245,000	Clarios Global LP / Clarios US Finance Co.		6.75	%(a)	05/15/2028		1,268,654
	565,000	Clarivate Science Holdings Corp.		4.88	%(a)	07/01/2029		527,315
	410,000	Clear Channel Outdoor Holdings, Inc.		9.00	%(a)	09/15/2028		431,130
	465,000	Clear Channel Outdoor Holdings, Inc.		7.50	%(a)	06/01/2029		407,416
	655,000	Clearway Energy Operating LLC		4.75	%(a)	03/15/2028		626,936
	825,000	Cleveland-Cliffs, Inc.		6.88	%(a)	11/01/2029		817,097
	780,000	Cloud Software Group, Inc.		6.50	%(a)	03/31/2029		766,575
	515,000	Cloud Software Group, Inc.		9.00	%(a)	09/30/2029		523,520
	1,235,000	Clydesdale Acquisition Holdings, Inc.		6.88	%(a)	01/15/2030		1,244,901
	2,540,000	CNH Industrial Capital LLC		5.10	%	04/20/2029		2,541,948
	1,185,000	CNX Midstream Partners LP		4.75	%(a)	04/15/2030		1,085,459
	800,000	CNX Resources Corp.		6.00	%(a)	01/15/2029		785,208
	370,000	CommScope LLC		4.75	%(a)	09/01/2029		330,011
	400,000	CommScope Technologies LLC		5.00	%(a)	03/15/2027		358,054
	1,035,000	Consolidated Communications, Inc.		5.00	%(a)	10/01/2028		964,347
	293,000	Cornerstone Building Brands, Inc.		6.13	%(a)	01/15/2029		234,089
	1,005,000	Cornerstone Building Brands, Inc.		9.50	%(a)	08/15/2029		979,381
	640,000	Cougar JV Subsidiary LLC		8.00	%(a)	05/15/2032		664,960
	1,300,000	CQP Holdco LP / BIP-V Chinook Holdco LLC		5.50	%(a)	06/15/2031		1,242,680
	9,146,000	Crown Castle, Inc.		3.65	%	09/01/2027		8,871,800
	1,975,000	CSC Holdings LLC		6.50	%(a)	02/01/2029		1,665,528
	1,315,000	CSC Holdings LLC		5.75	%(a)	01/15/2030		749,573
	12,807,000	CSX Corp.		3.80	%	11/01/2046		9,857,052
	2,410,000	Cummins, Inc.		5.45	%	02/20/2054		2,347,697

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	680,000	CVR Partners LP / CVR Nitrogen Finance Corp.		6.13	%(a)	06/15/2028		662,470
	5,057,000	CVS Health Corp.		5.30	%	06/01/2033		4,849,763
	7,518,000	CVS Health Corp.		5.88	%	06/01/2053		6,901,812
	410,000	Dana, Inc.		5.38	%	11/15/2027		406,103
	965,000	Dana, Inc.		5.63	%	06/15/2028		952,632
	285,000	Dana, Inc.		4.25	%	09/01/2030		265,433
	640,000	Dcli Bidco LLC		7.75	%(a)	11/15/2029		656,783
	807,000	Dealer Tire LLC / DT Issuer LLC		8.00	%(a)	02/01/2028		793,598
	2,343,000	Dell, Inc.		6.50	%	04/15/2038		2,453,371
	2,673,000	Devon Energy Corp.		5.75	%	09/15/2054		2,427,155
	410,000	Diebold Nixdorf, Inc.		7.75	%(a)	03/31/2030		421,912
	3,000,000	Digital Realty Trust LP		3.60	%	07/01/2029		2,838,208
	1,105,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.		5.88	%(a)	08/15/2027		1,077,777
	1,340,000	DISH DBS Corp.		5.75	%(a)	12/01/2028		1,148,205
	660,000	DISH DBS Corp.		5.13	%	06/01/2029		425,462
	2,995,000	Dominion Energy, Inc.  (5 yr. CMT Rate + 2.21%)		6.63	%	05/15/2055		3,052,396
	955,000	Dornoch Debt Merger Sub, Inc.		6.63	%(a)	10/15/2029		774,585
	5,449,000	DR Horton, Inc.		5.00	%	10/15/2034		5,264,494
	2,650,000	DT Midstream, Inc.		4.13	%(a)	06/15/2029		2,476,632
	4,400,000	DTE Energy Co.		2.95	%	03/01/2030		3,954,065
	7,778,000	DTE Energy Co.		5.85	%	06/01/2034		7,989,661
	4,741,000	Duke Energy Corp.		5.45	%	06/15/2034		4,737,826
	6,595,000	Duke Energy Corp.		3.95	%	08/15/2047		4,923,203
	1,700,000	Duke Energy Corp.		5.00	%	08/15/2052		1,485,386
	1,380,000	Dun & Bradstreet Corp.		5.00	%(a)	12/15/2029		1,315,525
	1,090,000	EchoStar Corp.		10.75	%	11/30/2029		1,173,233
	2,567,000	Edison International		5.25	%	03/15/2032		2,540,980
	1,435,000	Elevance Health, Inc.		4.55	%	05/15/2052		1,157,712
	1,245,000	Ellucian Holdings, Inc.		6.50	%(a)	12/01/2029		1,248,640
	596,000	Embarq LLC		8.00	%	06/01/2036		326,763
	1,310,000	EMRLD Borrower LP / Emerald Co.-Issuer, Inc.		6.63	%(a)	12/15/2030		1,313,385
	1,245,000	Energizer Holdings, Inc.		6.50	%(a)	12/31/2027		1,250,559
	5,760,000	Energy Transfer LP		5.00	%	05/15/2044		4,967,982
	5,095,000	Energy Transfer LP		5.95	%	05/15/2054		4,928,763
	2,488,000	Energy Transfer LP  (5 yr. CMT Rate + 2.83%)		7.13	%	10/01/2054		2,534,396
	2,443,000	EnLink Midstream LLC		5.38	%	06/01/2029		2,444,666
	7,582,000	EnLink Midstream LLC		5.65	%	09/01/2034		7,561,694
	2,510,000	Entergy Arkansas LLC		5.75	%	06/01/2054		2,486,883
	2,448,000	Entergy Corp.  (5 yr. CMT Rate + 2.67%)		7.13	%	12/01/2054		2,501,190
	4,958,000	Enterprise Products Operating LLC		5.55	%	02/16/2055		4,773,925
	830,000	Everi Holdings, Inc.		5.00	%(a)	07/15/2029		830,569
	2,550,000	Eversource Energy		5.50	%	01/01/2034		2,531,724
	1,499,000	Expand Energy Corp.		6.75	%(a)	04/15/2029		1,516,615
	2,492,000	Expand Energy Corp.		5.70	%	01/15/2035		2,447,415
	5,243,000	Expedia Group, Inc.		3.80	%	02/15/2028		5,066,641
	5,069,000	Extra Space Storage LP		5.40	%	02/01/2034		5,023,168
	2,561,000	F&G Annuities & Life, Inc.		6.25	%	10/04/2034		2,486,336
	900,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.		6.75	%(a)	01/15/2030		831,050
	4,662,000	Fiserv, Inc.		5.45	%	03/15/2034		4,668,014
	6,088,000	Ford Motor Co.		3.25	%	02/12/2032		5,065,008
	515,000	Fortrea Holdings, Inc.		7.50	%(a)	07/01/2030		516,498
	1,730,000	Fortress Transportation and Infrastructure Investors LLC		5.88	%(a)	04/15/2033		1,671,375
	2,648,000	Foundry JV Holdco LLC		6.40	%(a)	01/25/2038		2,679,051
	390,000	Frontier Communications Holdings LLC		5.88	%(a)	10/15/2027		389,064
	1,140,392	Frontier Communications Holdings LLC		5.88	%	11/01/2029		1,135,054
	690,000	Full House Resorts, Inc.		8.25	%(a)	02/15/2028		688,102
	825,000	Gates Corp./DE		6.88	%(a)	07/01/2029		840,236
	5,965,000	General Motors Financial Co., Inc.		3.10	%	01/12/2032		5,107,806
	2,610,000	Genesee & Wyoming, Inc.		6.25	%(a)	04/15/2032		2,628,998
	835,000	Genting New York LLC / GENNY Capital, Inc.		7.25	%(a)	10/01/2029		861,047

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	5,044,000	Genuine Parts Co.		4.95	%	08/15/2029		5,031,582
	2,993,000	Gilead Sciences, Inc.		5.55	%	10/15/2053		2,946,223
	5,013,000	Global Payments, Inc.		4.95	%	08/15/2027		5,025,010
	735,000	Goat Holdco LLC		6.75	%(a)	02/01/2032		728,631
	11,303,000	Goldman Sachs Group, Inc.  (3 mo. Term SOFR + 1.43%)		5.96	%	05/15/2026		11,348,741
	3,280,000	Goldman Sachs Group, Inc.  (SOFR + 0.82%)		5.32	%	09/10/2027		3,289,473
	4,740,000	Goldman Sachs Group, Inc.  (SOFR + 1.55%)		5.33	%	07/23/2035		4,653,907
	585,000	Goodyear Tire & Rubber Co.		5.25	%	07/15/2031		524,579
	470,000	GrafTech Finance, Inc.		4.63	%(a)	12/23/2029		384,802
	625,000	Gray Television, Inc.		10.50	%(a)	07/15/2029		625,641
	1,105,000	Griffon Corp.		5.75	%	03/01/2028		1,084,299
	695,000	Group 1 Automotive, Inc.		4.00	%(a)	08/15/2028		651,197
	820,000	Group 1 Automotive, Inc.		6.38	%(a)	01/15/2030		823,688
	635,971	Gulfport Energy Corp.		8.00	%(a)	05/17/2026		644,728
	1,225,000	Gulfport Energy Operating Corp.		6.75	%(a)	09/01/2029		1,235,071
	1,205,000	Harvest Midstream I LP		7.50	%(a)	05/15/2032		1,228,241
	11,211,000	HCA, Inc.		5.25	%	06/15/2049		9,713,775
	1,180,000	Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl		4.63	%(a)	05/01/2028		1,089,796
	1,075,000	Hess Midstream Operations LP		5.13	%(a)	06/15/2028		1,046,369
	2,638,000	Hess Midstream Operations LP		5.50	%(a)	10/15/2030		2,563,061
	12,428,000	Hewlett Packard Enterprise Co.		5.00	%	10/15/2034		11,952,011
	760,000	H-Food Holdings LLC / Hearthside Finance Co., Inc.		8.50	%(a)(f)	06/01/2026		24,700
	975,000	Hightower Holding LLC		6.75	%(a)	04/15/2029		971,809
	755,000	Hilcorp Energy I LP / Hilcorp Finance Co.		7.25	%(a)	02/15/2035		710,467
	5,993,000	Host Hotels & Resorts LP		2.90	%	12/15/2031		5,101,722
	5,035,000	Host Hotels & Resorts LP		5.70	%	07/01/2034		5,029,769
	1,245,000	HUB International Ltd.		7.25	%(a)	06/15/2030		1,277,146
	2,933,000	Huntington Bancshares, Inc./OH  (SOFR + 1.28%)		5.27	%	01/15/2031		2,936,276
	4,995,000	Hyatt Hotels Corp.		5.25	%	06/30/2029		5,001,015
	9,976,000	Hyundai Capital America		5.30	%(a)	01/08/2029		10,000,104
	1,045,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp.		5.25	%	05/15/2027		990,331
	2,440,000	Icon Investments Six DAC		5.85	%	05/08/2029		2,487,379
	2,434,000	Icon Investments Six DAC		6.00	%	05/08/2034		2,458,680
	1,190,000	Illuminate Buyer LLC / Illuminate Holdings IV, Inc.		9.00	%(a)	07/01/2028		1,206,061
	1,435,000	Installed Building Products, Inc.		5.75	%(a)	02/01/2028		1,412,512
	4,246,000	Intuit, Inc.		5.50	%	09/15/2053		4,160,905
	3,383,000	IQVIA, Inc.		6.25	%	02/01/2029		3,500,617
	1,175,000	Iron Mountain, Inc.		7.00	%(a)	02/15/2029		1,201,451
	240,000	Iron Mountain, Inc.		6.25	%(a)	01/15/2033		239,200
	3,430,000	Jacobs Engineering Group, Inc.		5.90	%	03/01/2033		3,477,151
	1,380,000	JELD-WEN, Inc.		4.88	%(a)	12/15/2027		1,312,712
	1,020,000	JELD-WEN, Inc.		7.00	%(a)	09/01/2032		947,937
	790,000	JetBlue Airways Corp. / JetBlue Loyalty LP		9.88	%(a)	09/20/2031		840,195
	1,295,000	JPMorgan Chase & Co.  (SOFR + 1.99%)		4.85	%	07/25/2028		1,294,801
	4,495,000	JPMorgan Chase & Co.  (SOFR + 1.02%)		2.07	%	06/01/2029		4,086,055
	9,788,000	JPMorgan Chase & Co.  (SOFR + 1.46%)		5.29	%	07/22/2035		9,688,458
	4,970,000	Keurig Dr Pepper, Inc.		5.20	%	03/15/2031		5,017,833
	2,604,000	Keysight Technologies, Inc.		4.95	%	10/15/2034		2,506,254
	8,220,000	Kinder Morgan Energy Partners LP		6.95	%	01/15/2038		8,915,569
	2,511,000	Kinetik Holdings LP		5.88	%(a)	06/15/2030		2,473,458
	1,285,000	Kodiak Gas Services LLC		7.25	%(a)	02/15/2029		1,311,975
	6,647,000	Kyndryl Holdings, Inc.		4.10	%	10/15/2041		5,279,077
	12,436,000	Laboratory Corp. of America Holdings		4.80	%	10/01/2034		11,791,881
	430,000	LBM Acquisition LLC		6.25	%(a)	01/15/2029		395,966
	1,300,000	Leeward Renewable Energy Operations LLC		4.25	%(a)	07/01/2029		1,191,359
	1,125,000	Level 3 Financing, Inc.		10.50	%(a)	04/15/2029		1,259,325
	530,000	Level 3 Financing, Inc.		3.75	%(a)	07/15/2029		412,528

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	420,000	Level 3 Financing, Inc.		4.50	%(a)	04/01/2030		350,344
	870,000	LFS Topco LLC		5.88	%(a)	10/15/2026		864,236
	1,720,000	Life Time, Inc.		6.00	%(a)	11/15/2031		1,703,946
	1,305,000	LifePoint Health, Inc.		4.38	%(a)	02/15/2027		1,251,784
	1,560,000	LifePoint Health, Inc.		10.00	%(a)	06/01/2032		1,588,075
	625,000	Light & Wonder International, Inc.		7.25	%(a)	11/15/2029		638,567
	740,000	Lightning Power LLC		7.25	%(a)	08/15/2032		763,027
	170,000	Lions Gate Capital Holdings LLC		5.50	%(a)	04/15/2029		133,506
	620,000	Live Nation Entertainment, Inc.		6.50	%(a)	05/15/2027		627,374
	2,922,000	Lowe’s Cos., Inc.		5.63	%	04/15/2053		2,810,197
	4,812,000	LPL Holdings, Inc.		6.00	%	05/20/2034		4,902,296
	4,835,000	LYB International Finance III LLC		5.50	%	03/01/2034		4,746,566
	2,403,000	M&T Bank Corp.  (SOFR + 2.26%)		6.08	%	03/13/2032		2,464,099
	1,235,000	M/I Homes, Inc.		4.95	%	02/01/2028		1,199,548
	535,000	Macy’s Retail Holdings LLC		5.88	%(a)	04/01/2029		524,682
	1,435,000	Madison IAQ LLC		5.88	%(a)	06/30/2029		1,356,555
	1,870,000	Markel Group, Inc.		6.00	%	05/16/2054		1,854,449
	5,053,000	Marriott International, Inc./MD		5.30	%	05/15/2034		5,017,214
	9,600,000	Marvell Technology, Inc.		5.95	%	09/15/2033		9,971,226
	5,577,000	Massachusetts Mutual Life Insurance Co.		3.20	%(a)	12/01/2061		3,325,724
	1,670,000	MasTec, Inc.		5.90	%	06/15/2029		1,701,275
	1,040,000	Matador Resources Co.		6.50	%(a)	04/15/2032		1,029,992
	1,330,000	Match Group Holdings II LLC		5.00	%(a)	12/15/2027		1,287,446
	650,000	Mativ Holdings, Inc.		8.00	%(a)	10/01/2029		626,891
	912,000	Mavis Tire Express Services Topco Corp.		6.50	%(a)	05/15/2029		875,585
	425,000	McAfee Corp.		7.38	%(a)	02/15/2030		413,309
	5,804,000	McDonald’s Corp.		4.45	%	03/01/2047		4,876,955
	685,000	McGraw-Hill Education, Inc.		5.75	%(a)	08/01/2028		669,576
	250,000	McGraw-Hill Education, Inc.		7.38	%(a)	09/01/2031		256,171
	2,650,000	Medline Borrower LP		5.25	%(a)	10/01/2029		2,559,937
	765,000	Medline Borrower LP/Medline Co.-Issuer, Inc.		6.25	%(a)	04/01/2029		774,022
	5,710,000	Meta Platforms, Inc.		4.45	%	08/15/2052		4,815,843
	505,000	Michaels Cos., Inc.		5.25	%(a)	05/01/2028		381,863
	405,000	Michaels Cos., Inc.		7.88	%(a)	05/01/2029		247,701
	1,238,000	Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.		4.88	%(a)	05/01/2029		1,167,992
	1,300,000	Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC		6.75	%(a)	04/01/2032		1,306,904
	195,000	ModivCare, Inc.		5.00	%(a)	10/01/2029		114,914
	3,431,000	Morgan Stanley  (SOFR + 1.67%)		4.68	%	07/17/2026		3,428,193
	4,078,000	Morgan Stanley  (SOFR + 1.61%)		4.21	%	04/20/2028		4,020,294
	1,678,000	Morgan Stanley  (SOFR + 1.29%)		2.94	%	01/21/2033		1,438,102
	4,351,000	Mosaic Co.		5.38	%	11/15/2028		4,403,592
	5,006,000	Motorola Solutions, Inc.		5.40	%	04/15/2034		5,010,689
	4,982,000	MPLX LP		5.50	%	06/01/2034		4,913,335
	835,000	Nabors Industries, Inc.		9.13	%(a)	01/31/2030		849,932
	310,000	Nabors Industries, Inc.		8.88	%(a)	08/15/2031		288,172
	1,460,000	Nationstar Mortgage Holdings, Inc.		5.75	%(a)	11/15/2031		1,397,034
	780,000	Navient Corp.		5.00	%	03/15/2027		765,089
	1,185,000	NCL Corp. Ltd.		5.88	%(a)	03/15/2026		1,184,263
	830,000	NCL Corp. Ltd.		8.38	%(a)	02/01/2028		868,472
	205,000	NCL Corp. Ltd.		6.25	%(a)	03/01/2030		202,729
	4,584,000	NetApp, Inc.		1.88	%	06/22/2025		4,515,124
	3,644,000	Netflix, Inc.		5.40	%	08/15/2054		3,548,032
	2,338,000	NextEra Energy Capital Holdings, Inc.  (5 yr. CMT Rate + 2.46%)		6.75	%	06/15/2054		2,401,084
	1,030,000	NGL Energy Operating LLC / NGL Energy Finance Corp.		8.13	%(a)	02/15/2029		1,044,534
	5,760,000	NGPL PipeCo LLC		3.25	%(a)	07/15/2031		4,971,484
	5,089,000	NiSource, Inc.		5.35	%	04/01/2034		5,050,379
	5,275,000	Northrop Grumman Corp.		5.20	%	06/01/2054		4,912,427
	1,000,000	Novelis Corp.		4.75	%(a)	01/30/2030		924,126
	3,136,000	NRG Energy, Inc.		2.00	%(a)	12/02/2025		3,046,613

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	745,000	NRG Energy, Inc.		6.00	%(a)	02/01/2033		724,155
	1,650,000	NuStar Logistics LP		6.00	%	06/01/2026		1,653,372
	1,097,000	Occidental Petroleum Corp.		5.38	%	01/01/2032		1,074,847
	550,000	Olympus Water US Holding Corp.		6.25	%(a)	10/01/2029		525,983
	2,577,000	Omega Healthcare Investors, Inc.		4.75	%	01/15/2028		2,543,732
	280,000	OneMain Finance Corp.		7.13	%	03/15/2026		285,239
	1,525,000	OneMain Finance Corp.		7.50	%	05/15/2031		1,566,841
	2,218,000	ONEOK, Inc.		6.63	%	09/01/2053		2,334,170
	2,824,000	Oracle Corp.		6.25	%	11/09/2032		2,993,909
	1,814,000	Oracle Corp.		3.80	%	11/15/2037		1,515,492
	2,539,000	O’Reilly Automotive, Inc.		5.00	%	08/19/2034		2,464,094
	1,220,000	Outfront Media Capital LLC / Outfront Media Capital Corp.		7.38	%(a)	02/15/2031		1,276,261
	640,000	Owens & Minor, Inc.		6.63	%(a)	04/01/2030		600,727
	2,335,000	Owens Corning		5.70	%	06/15/2034		2,373,381
	4,520,000	Pacific Gas and Electric Co.		6.95	%	03/15/2034		4,953,279
	11,746,000	Pacific Gas and Electric Co.		6.75	%	01/15/2053		12,811,993
	1,015,000	Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer, Inc.		4.38	%(a)	10/15/2028		1,015,138
	1,035,000	Panther Escrow Issuer LLC		7.13	%(a)	06/01/2031		1,046,472
	1,755,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer		7.00	%(a)	02/01/2030		1,782,481
	270,000	PBF Holding Co. LLC / PBF Finance Corp.		6.00	%	02/15/2028		259,162
	470,000	Penn Entertainment, Inc.		4.13	%(a)	07/01/2029		421,929
	690,000	PennyMac Financial Services, Inc.		4.25	%(a)	02/15/2029		639,976
	775,000	PennyMac Financial Services, Inc.		7.88	%(a)	12/15/2029		812,702
	2,945,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.		5.75	%(a)	05/24/2026		2,976,887
	4,185,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.		4.20	%(a)	04/01/2027		4,118,693
	1,100,000	Performance Food Group, Inc.		6.13	%(a)	09/15/2032		1,101,325
	1,220,000	Permian Resources Operating LLC		7.00	%(a)	01/15/2032		1,239,629
	3,105,000	Permian Resources Operating LLC		6.25	%(a)	02/01/2033		3,067,460
	1,345,000	PetSmart, Inc. / PetSmart Finance Corp.		7.75	%(a)	02/15/2029		1,301,793
	4,402,000	Philip Morris International, Inc.		5.25	%	02/13/2034		4,352,991
	3,795,000	Phillips Edison Grocery Center Operating Partnership I LP		5.75	%	07/15/2034		3,803,310
	655,000	Pike Corp.		8.63	%(a)	01/31/2031		691,814
	980,000	Post Holdings, Inc.		6.38	%(a)	03/01/2033		961,735
	375,000	Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.		5.63	%(a)	09/01/2029		294,741
	545,000	Prime Security Services Borrower LLC / Prime Finance, Inc.		6.25	%(a)	01/15/2028		542,639
	2,909,000	Qorvo, Inc.		3.38	%(a)	04/01/2031		2,490,371
	4,993,000	Quanta Services, Inc.		5.25	%	08/09/2034		4,881,358
	5,060,000	Quest Diagnostics, Inc.		5.00	%	12/15/2034		4,915,218
	210,000	Radiate Holdco LLC / Radiate Finance, Inc.		4.50	%(a)	09/15/2026		183,555
	1,117,346	Radiology Partners, Inc.  4.28% Cash + 3.50% PIK		7.78	%(a)	01/31/2029		1,104,776
	225,011	Radiology Partners, Inc.  9.78% PIK		9.78	%(a)	02/15/2030		210,248
	1,934,000	Regal Rexnord Corp.		6.05	%	02/15/2026		1,952,506
	2,886,000	Regal Rexnord Corp.		6.05	%	04/15/2028		2,936,434
	1,475,000	Royal Caribbean Cruises Ltd.		5.50	%(a)	08/31/2026		1,474,626
	4,896,000	Royal Caribbean Cruises Ltd.		5.38	%(a)	07/15/2027		4,869,062
	490,000	Royal Caribbean Cruises Ltd.		5.63	%(a)	09/30/2031		482,311
	775,000	Royal Caribbean Cruises Ltd.		6.25	%(a)	03/15/2032		784,882
	4,925,000	Royalty Pharma PLC		5.40	%	09/02/2034		4,795,247
	2,426,000	Sabra Health Care LP		3.20	%	12/01/2031		2,082,787
	367,000	Sabre GLBL, Inc.		8.63	%(a)	06/01/2027		362,322
	165,000	Sabre GLBL, Inc.		10.75	%(a)	11/15/2029		170,840
	1,423,000	San Diego Gas & Electric Co.		5.35	%	04/01/2053		1,340,645
	545,000	Scientific Games Holdings LP/Scientific Games US FinCo, Inc.		6.63	%(a)	03/01/2030		521,997
	1,270,000	Sealed Air Corp./Sealed Air Corp. US		7.25	%(a)	02/15/2031		1,310,703
	965,000	Select Medical Corp.		6.25	%(a)	12/01/2032		930,121
	260,000	Service Properties Trust		5.50	%	12/15/2027		244,346
	550,000	Service Properties Trust		8.88	%	06/15/2032		509,585
	1,100,000	Sirius XM Radio LLC		5.50	%(a)	07/01/2029		1,055,938
	605,000	Sitio Royalties Operating Partnership LP / Sitio Finance Corp.		7.88	%(a)	11/01/2028		625,138

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,550,000	Six Flags Entertainment Corp. / Six Flags Theme Parks, Inc.		6.63	%(a)	05/01/2032		1,572,203
	1,230,000	SM Energy Co.		7.00	%(a)	08/01/2032		1,213,884
	700,000	Sonic Automotive, Inc.		4.63	%(a)	11/15/2029		646,911
	2,583,000	Sonoco Products Co.		4.60	%	09/01/2029		2,517,347
	680,000	Sotera Health Holdings LLC		7.38	%(a)	06/01/2031		689,759
	3,724,000	Southwestern Electric Power Co.		3.25	%	11/01/2051		2,361,713
	465,000	Spirit AeroSystems, Inc.		9.75	%(a)	11/15/2030		515,154
	625,000	Standard Building Solutions, Inc.		6.50	%(a)	08/15/2032		626,538
	795,000	Staples, Inc.		10.75	%(a)	09/01/2029		783,103
	185,000	Staples, Inc.		12.75	%(a)	01/15/2030		144,884
	850,000	Starwood Property Trust, Inc.		7.25	%(a)	04/01/2029		872,996
	405,000	Starwood Property Trust, Inc.		6.00	%(a)	04/15/2030		397,810
	625,000	Station Casinos LLC		6.63	%(a)	03/15/2032		621,691
	685,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.		5.00	%(a)	06/01/2031		613,644
	6,035,000	Sun Communities Operating LP		2.70	%	07/15/2031		5,078,029
	1,130,000	SunCoke Energy, Inc.		4.88	%(a)	06/30/2029		1,031,503
	635,000	Sunoco LP / Sunoco Finance Corp.		6.00	%	04/15/2027		634,204
	210,000	SWF Holdings I Corp.		6.50	%(a)	10/01/2029		132,456
	8,765,000	Take-Two Interactive Software, Inc.		4.95	%	03/28/2028		8,762,697
	1,205,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.		7.38	%(a)	02/15/2029		1,209,977
	1,081,000	Targa Resources Corp.		5.50	%	02/15/2035		1,064,302
	950,000	Tenet Healthcare Corp.		6.25	%	02/01/2027		949,997
	835,000	Tenet Healthcare Corp.		6.13	%	10/01/2028		834,198
	1,320,000	Tenet Healthcare Corp.		6.13	%	06/15/2030		1,311,246
	2,495,000	The Campbell’s Co.		5.40	%	03/21/2034		2,484,100
	5,722,000	T-Mobile USA, Inc.		3.40	%	10/15/2052		3,819,923
	3,190,000	T-Mobile USA, Inc.		5.25	%	06/15/2055		2,899,851
	945,000	Townsquare Media, Inc.		6.88	%(a)	02/01/2026		942,922
	1,290,000	TransDigm, Inc.		5.50	%	11/15/2027		1,268,656
	1,245,000	TransDigm, Inc.		6.88	%(a)	12/15/2030		1,264,403
	594,000	Transocean Poseidon Ltd.		6.88	%(a)	02/01/2027		596,256
	441,000	Transocean, Inc.		8.00	%(a)	02/01/2027		442,307
	1,785,000	Trident TPI Holdings, Inc.		12.75	%(a)	12/31/2028		1,971,249
	785,000	Triton Water Holdings, Inc.		6.25	%(a)	04/01/2029		780,096
	4,981,000	Truist Financial Corp.  (SOFR + 1.57%)		5.15	%	08/05/2032		4,924,520
	5,741,000	Uber Technologies, Inc.		4.50	%(a)	08/15/2029		5,562,817
	4,996,000	Uber Technologies, Inc.		4.80	%	09/15/2034		4,785,588
	655,000	UKG, Inc.		6.88	%(a)	02/01/2031		665,223
	1,255,000	United Airlines, Inc.		4.63	%(a)	04/15/2029		1,194,253
	2,060,000	United Natural Foods, Inc.		6.75	%(a)	10/15/2028		2,032,358
	5,779,000	UnitedHealth Group, Inc.		5.05	%	04/15/2053		5,207,765
	2,056,000	UnitedHealth Group, Inc.		4.95	%	05/15/2062		1,773,520
	625,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC		10.50	%(a)	02/15/2028		667,072
	5,489,000	Universal Health Services, Inc.		4.63	%	10/15/2029		5,299,875
	1,000,000	Univision Communications, Inc.		4.50	%(a)	05/01/2029		896,237
	445,000	Upbound Group, Inc.		6.38	%(a)	02/15/2029		433,128
	1,725,000	US Foods, Inc.		5.75	%(a)	04/15/2033		1,680,660
	500,000	Vail Resorts, Inc.		6.50	%(a)	05/15/2032		506,022
	940,000	Venture Global LNG, Inc.		8.13	%(a)	06/01/2028		978,590
	600,000	Venture Global LNG, Inc.		8.38	%(a)	06/01/2031		626,377
	615,000	Venture Global LNG, Inc.		9.88	%(a)	02/01/2032		675,211
	3,422,000	Veralto Corp.		5.35	%	09/18/2028		3,467,205
	4,988,000	Verisk Analytics, Inc.		5.25	%	06/05/2034		4,931,460
	515,000	Veritiv Operating Co.		10.50	%(a)	11/30/2030		555,289
	5,267,000	VICI Properties LP / VICI Note Co., Inc.		4.63	%(a)	12/01/2029		5,050,791
	1,020,000	Victra Holdings LLC / Victra Finance Corp.		8.75	%(a)	09/15/2029		1,071,397
	1,415,000	Viking Cruises Ltd.		5.88	%(a)	09/15/2027		1,409,000
	570,000	Viking Cruises Ltd.		9.13	%(a)	07/15/2031		613,522
	1,807,000	Virginia Electric and Power Co.		5.55	%	08/15/2054		1,749,042
	760,000	Vistra Operations Co. LLC		7.75	%(a)	10/15/2031		797,997
	775,000	Vistra Operations Co. LLC		6.88	%(a)	04/15/2032		794,272
	550,000	Vital Energy, Inc.		7.88	%(a)	04/15/2032		529,739

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	119,130	Vortex Opco LLC		8.00	%(a)	04/30/2030		44,078
	27,360	Vortex Opco LLC  (3 mo. Term SOFR + 6.25%, 0.50% Floor)		10.56	%(a)	04/30/2030		26,950
	635,000	VT Topco, Inc.		8.50	%(a)	08/15/2030		673,348
	790,000	Wand NewCo 3, Inc.		7.63	%(a)	01/30/2032		812,234
	1,065,000	WASH Multifamily Acquisition, Inc.		5.75	%(a)	04/15/2026		1,061,755
	1,255,000	Watco Cos. LLC / Watco Finance Corp.		7.13	%(a)	08/01/2032		1,294,845
	615,000	Wayfair LLC		7.25	%(a)	10/31/2029		616,230
	1,090,000	Weatherford International Ltd.		8.63	%(a)	04/30/2030		1,126,341
	4,377,000	Wells Fargo & Co.  (SOFR + 1.98%)		4.81	%	07/25/2028		4,362,229
	2,439,000	Wells Fargo & Co.  (5 yr. CMT Rate + 2.77%)		6.85	%(h)	09/15/2029		2,523,512
	4,980,000	Wells Fargo & Co.  (3 mo. Term SOFR + 1.43%)		2.88	%	10/30/2030		4,494,170
	7,465,000	Wells Fargo & Co.  (SOFR + 2.06%)		6.49	%	10/23/2034		7,938,278
	6,659,000	Williams Cos., Inc.		5.15	%	03/15/2034		6,477,972
	3,289,000	Willis North America, Inc.		4.50	%	09/15/2028		3,232,538
	790,000	Windstream Services LLC / Windstream Escrow Finance Corp.		8.25	%(a)	10/01/2031		816,854
	4,663,000	Workday, Inc.		3.70	%	04/01/2029		4,436,185
	2,718,000	Workday, Inc.		3.80	%	04/01/2032		2,474,459
	1,020,000	WR Grace Holdings LLC		5.63	%(a)	08/15/2029		939,250
	1,215,000	Wyndham Hotels & Resorts, Inc.		4.38	%(a)	08/15/2028		1,159,764
	3,250,000	XHR LP		6.63	%(a)	05/15/2030		3,264,729
	1,510,000	XPO, Inc.		7.13	%(a)	06/01/2031		1,554,429
	5,023,000	Zimmer Biomet Holdings, Inc.		5.20	%	09/15/2034		4,926,430
		Total US Corporate Bonds (Cost $1,081,749,405)						1,040,201,896
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 20.2%
		Fannie Mae Whole Loan
	111,610	Series 2003-W17-1A7		5.75	%	08/25/2033		111,290
		Federal Home Loan Mortgage Corp.
	200,681	Pool G01840		5.00	%	07/01/2035		199,376
	114,226	Pool G04817		5.00	%	09/01/2038		114,015
	4,712,611	Pool G08537		3.00	%	07/01/2043		4,165,457
	2,601,446	Pool G08622		3.00	%	01/01/2045		2,272,709
	2,490,106	Pool G08686		3.00	%	01/01/2046		2,171,883
	9,275,053	Pool G08701		3.00	%	04/01/2046		8,071,635
	612,871	Pool G08737		3.00	%	12/01/2046		531,485
	5,513,475	Pool G61645		4.00	%	10/01/2048		5,119,582
	807,373	Pool N70081		5.50	%	07/01/2038		807,482
	4,767,041	Pool Q33789		3.50	%	06/01/2045		4,319,441
	8,907,600	Pool QX1615		5.50	%	12/01/2054		8,829,075
	7,517,802	Pool RA3722		2.50	%	10/01/2050		6,242,230
	37,522,410	Pool RA9843		5.50	%	09/01/2053		37,285,409
	7,162,190	Pool SD0699		2.00	%	11/01/2050		5,743,741
	11,969,882	Pool SD2759		5.50	%	05/01/2053		11,906,291
	23,788,518	Pool SD2912		5.00	%	05/01/2053		23,108,341
	39,433,394	Pool SD2969		2.50	%	05/01/2052		32,692,086
	27,654,396	Pool SD3721		5.00	%	07/01/2053		26,865,513
	18,611,338	Pool SD3892		5.50	%	09/01/2053		18,486,808
	23,347,765	Pool SD4301		6.00	%	11/01/2053		23,913,025
	10,096,447	Pool SD4400		2.00	%	02/01/2051		7,972,654
	5,437,799	Pool SD4658		5.00	%	06/01/2053		5,310,523
	14,454,189	Pool SD4882		6.00	%	02/01/2054		14,804,053
	19,624,170	Pool SD4888		6.00	%	02/01/2054		19,927,971
	14,686,265	Pool SD5598		5.50	%	05/01/2054		14,646,188
	30,711,960	Pool SD5726		3.00	%	07/01/2052		26,266,806
	6,722,307	Pool SD5964		5.50	%	11/01/2053		6,707,075
	25,000,000	Pool SD7162		5.50	%	12/01/2054		25,001,227
	54,585,411	Pool SD7538		2.00	%	04/01/2051		43,626,035
	50,011,207	Pool SD7553		3.00	%	03/01/2052		43,112,346

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	18,073,380	Pool SD7562		5.50	%	04/01/2053		18,095,917
	23,744,120	Pool SD7564		5.00	%	06/01/2053		23,157,169
	18,737,793	Pool SD7565		5.50	%	09/01/2053		18,721,365
	8,990,443	Pool SD7567		5.50	%	02/01/2054		9,007,809
	13,906,473	Pool SD7568		5.50	%	02/01/2054		13,875,718
	741,301	Pool T60854		3.50	%	09/01/2042		668,939
	132,595	Pool U60299		4.00	%	11/01/2040		125,352
	9,960,107	Pool ZT1827		3.00	%	07/01/2047		8,643,651
	25,518	Series 2692-SC (-2 x 30 day avg SOFR US + 13.06%, 0.00% Floor, 13.29% Cap)		3.86	%(k)	07/15/2033		25,775
	610,036	Series 2722-PS (-1 x 30 day avg SOFR US + 9.76%, 0.00% Floor, 9.89% Cap)		4.65	%(k)	12/15/2033		617,793
	23,410	Series 2750-ZT		5.00	%	02/15/2034		23,528
	60,343	Series 3002-SN (-1 x 30 day avg SOFR US + 6.39%, 0.00% Floor, 6.50% Cap)		1.79	%(i)(k)	07/15/2035		4,246
	29,125	Series 3045-DI (-1 x 30 day avg SOFR US + 6.62%, 0.00% Floor, 6.73% Cap)		2.02	%(i)(k)	10/15/2035		2,395
	101,506	Series 3116-Z		5.50	%	02/15/2036		103,855
	7,660	Series 3117-ZN		4.50	%	02/15/2036		7,333
	26,337	Series 3275-SC (-1 x 30 day avg SOFR US + 5.97%, 0.00% Floor, 6.08% Cap)		1.37	%(i)(k)	02/15/2037		2,022
	80,079	Series 3382-SB (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.29	%(i)(k)	11/15/2037		4,846
	100,294	Series 3384-S (-1 x 30 day avg SOFR US + 6.28%, 0.00% Floor, 6.39% Cap)		1.68	%(i)(k)	11/15/2037		5,768
	37,600	Series 3417-SX (-1 x 30 day avg SOFR US + 6.07%, 0.00% Floor, 6.18% Cap)		1.47	%(i)(k)	02/15/2038		2,588
	10,876	Series 3423-GS (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		0.94	%(i)(k)	03/15/2038		626
	10,876	Series 3423-SG (-1 x 30 day avg SOFR US + 5.54%, 0.00% Floor, 5.65% Cap)		0.94	%(i)(k)	03/15/2038		613
	48,241	Series 3524-LB		3.15	%(c)	06/15/2038		44,711
	29,690	Series 3562-WS (-1 x 30 day avg SOFR US + 4.84%, 0.00% Floor, 4.95% Cap)		0.24	%(i)(k)	08/15/2039		1,175
	100,954	Series 3582-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.29	%(i)(k)	10/15/2049		7,684
	59,615	Series 3616-SG (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.64	%(i)(k)	03/15/2032		2,353
	344,677	Series 3626-AZ		5.50	%	08/15/2036		353,537
	146,435	Series 3666-SC (-1 x 30 day avg SOFR US + 5.66%, 0.00% Floor, 5.77% Cap)		1.06	%(i)(k)	05/15/2040		9,465
	362,363	Series 3779-YA		3.50	%	12/15/2030		353,279
	162,797	Series 3786-SG (-2 x 30 day avg SOFR US + 9.27%, 0.00% Floor, 9.50% Cap)		0.08	%(k)	01/15/2041		110,945
	101,340	Series 3792-SE (-2 x 30 day avg SOFR US + 9.63%, 0.00% Floor, 9.86% Cap)		0.44	%(k)	01/15/2041		58,245
	320,365	Series 3806-CZ		5.50	%	07/15/2034		327,625
	487,130	Series 3818-CZ		4.50	%	03/15/2041		469,857
	251,282	Series 3828-SW (-3 x 30 day avg SOFR US + 12.86%, 0.00% Floor, 13.20% Cap)		0.00	%(k)	02/15/2041		182,659
	1,798,889	Series 3889-VZ		4.00	%	07/15/2041		1,694,622
	694,722	Series 3972-AZ		3.50	%	12/15/2041		637,435
	1,959,951	Series 4291-MS (-1 x 30 day avg SOFR US + 5.79%, 0.00% Floor, 5.90% Cap)		1.19	%(i)(k)	01/15/2054		183,634
	1,105,432	Series 4471-BA		3.00	%	12/15/2041		1,088,249
	13,155,593	Series 5470-FH (30 day avg SOFR US + 1.20%, 1.20% Floor, 6.50% Cap)		5.77	%	11/25/2054		13,128,232
	13,586,744	Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)		5.92	%	02/25/2054		13,612,322
		Federal National Mortgage Association
	36,843	Pool 555743		5.00	%	09/01/2033		36,655
	31,935	Pool 735382		5.00	%	04/01/2035		31,682
	269,094	Pool 735383		5.00	%	04/01/2035		266,967
	136,244	Pool 735402		5.00	%	04/01/2035		135,160
	181,780	Pool 735484		5.00	%	05/01/2035		180,329
	44,147	Pool 931104		5.00	%	05/01/2039		43,966

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	223,666	Pool 995203		5.00	%	07/01/2035		221,927
	179,696	Pool AB2123		4.00	%	01/01/2031		176,443
	17,636	Pool AB2370		4.50	%	09/01/2035		17,431
	2,476	Pool AD2177		4.50	%	06/01/2030		2,446
	289,780	Pool AH7309		4.00	%	02/01/2031		283,629
	3,644,497	Pool AL9238		3.00	%	10/01/2041		3,220,847
	722,390	Pool AL9445		3.00	%	07/01/2031		695,313
	6,774,712	Pool AS7661		3.00	%	08/01/2046		5,793,090
	3,228,904	Pool AS7724		2.50	%	08/01/2046		2,698,361
	10,443,717	Pool BC9081		3.00	%	12/01/2046		9,064,504
	7,079,471	Pool BD8013		2.50	%	09/01/2046		5,919,227
	17,450,500	Pool BL2643		3.39	%	07/01/2034		15,413,115
	28,614,926	Pool BL4425		2.14	%	10/01/2029		25,603,446
	18,090,000	Pool BL5484		2.26	%	01/01/2030		16,094,764
	4,727,964	Pool BL9284		2.23	%	12/01/2050		3,258,692
	1,727,076	Pool BM4094		3.00	%	03/01/2043		1,524,864
	9,980,777	Pool BM6089		3.50	%	12/01/2044		9,057,284
	42,650,259	Pool BR2217		2.50	%	08/01/2051		35,265,382
	36,599,790	Pool BS4941		2.46	%	04/01/2032		31,232,900
	23,006,977	Pool CB6266		6.00	%	05/01/2053		23,287,237
	30,819,128	Pool CB7270		6.00	%	10/01/2053		31,278,920
	35,163,073	Pool CB7272		6.00	%	10/01/2053		35,645,350
	14,083,080	Pool CB7335		5.50	%	10/01/2053		14,068,435
	9,179,349	Pool CB8122		5.00	%	03/01/2054		8,986,630
	22,421,189	Pool CB8138		5.50	%	03/01/2054		22,346,710
	26,690,247	Pool CB8692		5.50	%	06/01/2054		26,695,727
	9,540,466	Pool FM1000		3.00	%	04/01/2047		8,280,470
	15,158,146	Pool FM4575		2.50	%	10/01/2050		12,588,619
	9,713,365	Pool FM6061		2.00	%	02/01/2051		7,696,423
	6,334,377	Pool FM8664		3.00	%	10/01/2046		5,499,783
	35,761,160	Pool FS1472		3.50	%	11/01/2050		32,107,745
	9,617,444	Pool FS3708		5.00	%	01/01/2053		9,320,885
	28,623,642	Pool FS5417		2.50	%	04/01/2052		23,603,078
	29,394,310	Pool FS5875		2.50	%	04/01/2052		24,242,189
	8,680,494	Pool FS6084		6.00	%	10/01/2053		8,783,203
	2,188,421	Pool FS6309		6.00	%	12/01/2053		2,241,483
	6,265,807	Pool FS6476		2.50	%	11/01/2051		5,193,859
	3,988,733	Pool FS7708		3.50	%	04/01/2052		3,571,394
	4,303,193	Pool FS8999		6.00	%	08/01/2054		4,382,948
	113,242	Pool MA0264		4.50	%	12/01/2029		112,521
	77,996	Pool MA0353		4.50	%	03/01/2030		77,466
	4,249	Pool MA0468		5.00	%	07/01/2040		4,087
	1,833,838	Pool MA2151		3.50	%	01/01/2045		1,648,377
	951,084	Pool MA2248		3.00	%	04/01/2045		813,311
	1,495,126	Pool MA2621		3.50	%	05/01/2046		1,331,444
	3,559,126	Pool MA2649		3.00	%	06/01/2046		3,043,421
	1,406,310	Pool MA2711		3.00	%	08/01/2046		1,202,541
	9,139,368	Pool MA2806		3.00	%	11/01/2046		7,915,178
	12,291,536	Pool MA4709		5.00	%	07/01/2052		11,895,628
	15,175,574	Pool MA5086		5.00	%	07/01/2043		14,902,642
	666,695	Series 2005-20-QH		5.00	%	03/25/2035		669,092
	124,382	Series 2006-101-SA (-1 x 30 day avg SOFR US + 6.47%, 0.00% Floor, 6.58% Cap)		1.90	%(i)(k)	10/25/2036		12,460
	47,243	Series 2006-56-SM (-1 x 30 day avg SOFR US + 6.64%, 0.00% Floor, 6.75% Cap)		2.07	%(i)(k)	07/25/2036		3,894
	39,269	Series 2007-116-BI (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.57	%(i)(k)	05/25/2037		2,692
	507,664	Series 2007-30-FS (-5 x 30 day avg SOFR US + 29.30%, 0.00% Floor, 29.83% Cap)		8.14	%(k)	04/25/2037		548,482
	197,397	Series 2007-30-OI (-1 x 30 day avg SOFR US + 6.33%, 0.00% Floor, 6.44% Cap)		1.76	%(i)(k)	04/25/2037		19,746
	30,186	Series 2008-29-ZA		4.50	%	04/25/2038		29,638
	12,269	Series 2008-62-SC (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(i)(k)	07/25/2038		697

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	134,232	Series 2009-111-EZ		5.00	%	01/25/2040		132,225
	3,953	Series 2009-111-SE (-1 x 30 day avg SOFR US + 6.14%, 0.00% Floor, 6.25% Cap)		1.57	%(i)(k)	01/25/2040		380
	14,033	Series 2009-16-MZ		5.00	%	03/25/2029		13,925
	19,164	Series 2009-48-WS (-1 x 30 day avg SOFR US + 5.84%, 0.00% Floor, 5.95% Cap)		1.27	%(i)(k)	07/25/2039		1,446
	39,158	Series 2009-62-PS (-1 x 30 day avg SOFR US + 5.99%, 0.00% Floor, 6.10% Cap)		1.42	%(i)(k)	08/25/2039		1,167
	343,532	Series 2009-77-ZA		4.50	%	10/25/2039		338,242
	92,720	Series 2009-83-Z		4.50	%	10/25/2039		89,573
	57,122	Series 2010-121-SD (-1 x 30 day avg SOFR US + 4.39%, 0.00% Floor, 4.50% Cap)		0.00	%(i)(k)	10/25/2040		1,315
	26,762	Series 2010-137-VS (-3 x 30 day avg SOFR US + 14.66%, 0.00% Floor, 15.00% Cap)		0.61	%(k)	12/25/2040		24,770
	16,509	Series 2010-31-SA (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.32	%(i)(k)	04/25/2040		630
	11,999	Series 2010-34-PS (-1 x 30 day avg SOFR US + 4.82%, 0.00% Floor, 4.93% Cap)		0.25	%(i)(k)	04/25/2040		371
	59,113	Series 2010-35-SP (-1 x 30 day avg SOFR US + 6.24%, 0.00% Floor, 6.35% Cap)		1.67	%(i)(k)	04/25/2050		6,877
	3,226	Series 2010-35-SV (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		1.77	%(i)(k)	04/25/2040		66
	466,514	Series 2010-37-MY		4.50	%	04/25/2040		448,148
	81,421	Series 2010-59-SC (-1 x 30 day avg SOFR US + 4.89%, 0.00% Floor, 5.00% Cap)		0.32	%(i)(k)	01/25/2040		2,566
	149,175	Series 2010-60-VZ		5.00	%	10/25/2039		146,711
	64,995	Series 2010-64-EZ		5.00	%	06/25/2040		65,323
	113,348	Series 2010-7-PE		5.00	%	02/25/2040		113,059
	30,652	Series 2010-90-GS (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(i)(k)	08/25/2040		2,362
	20,257	Series 2010-99-SG (-5 x 30 day avg SOFR US + 24.43%, 0.00% Floor, 25.00% Cap)		1.02	%(k)	09/25/2040		20,641
	986,531	Series 2011-141-PZ		4.00	%	01/25/2042		925,117
	61,571	Series 2011-25-KY		3.00	%	04/25/2026		60,942
	405,005	Series 2011-59-MA		4.50	%	07/25/2041		396,005
	5,345,914	Series 2012-56-FK (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)		5.13	%	06/25/2042		5,261,928
	614,998	Series 2017-86-MA		3.00	%	04/25/2046		590,450
	8,875,856	Series 2018-21-IO		3.00	%(i)	04/25/2048		1,333,354
	13,964,673	Series 2018-21-PO		0.00	%(l)	04/25/2048		10,463,681
	7,307,699	Series 2018-35-IO		3.00	%(i)	05/25/2048		1,265,397
	28,034,200	Series 2018-35-PO		0.00	%(l)	05/25/2048		19,829,369
	16,947,330	Series 2021-48-NS (-1 x 30 day avg SOFR US + 3.65%, 0.00% Floor, 3.65% Cap)		0.00	%(i)(k)	08/25/2051		303,805
	9,983,983	Series 2022-12-MZ		3.00	%(m)	03/25/2052		6,492,407
	16,285,000	Series 2024-100-FD (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		6.05	%	06/25/2054		16,288,180
	83,999	Series 400-S4 (-1 x 30 day avg SOFR US + 5.34%, 0.00% Floor, 5.45% Cap)		0.77	%(i)(k)	11/25/2039		6,277
		Ginnie Mae I Pool
	25,300,091	Pool 779384		3.50	%	06/15/2042		23,243,249
		Ginnie Mae II Pool
	9,836,108	Pool 784415		3.50	%	04/20/2047		8,944,001
	24,227,209	Pool 785713		2.50	%	10/20/2051		20,134,756
	11,427,007	Pool 785764		2.50	%	11/20/2051		9,465,089
	29,924,303	Pool 786009		3.00	%	02/20/2052		25,885,556
	9,417,068	Pool 786227		3.00	%	04/20/2052		8,142,866
	3,912,595	Pool 786540		3.50	%	02/20/2050		3,555,499
	10,258,513	Pool 786718		3.50	%	07/20/2051		9,279,672
	25,249,269	Pool MA5076		3.00	%	03/20/2048		22,163,824
	27,767,657	Pool MA5191		3.50	%	05/20/2048		25,068,611
		Government National Mortgage Association
	65,488	Series 2003-67-SP (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap)		2.62	%(i)(k)	08/20/2033		94
	37,480	Series 2008-82-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.57	%(i)(k)	09/20/2038		1,007

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	509,159	Series 2009-32-ZE		4.50	%	05/16/2039		499,160
	547,375	Series 2009-75-GZ		4.50	%	09/20/2039		539,334
	723,508	Series 2009-75-HZ		5.00	%	09/20/2039		715,680
	1,859,054	Series 2010-113-SM (-1 x 1 mo. Term SOFR + 5.94%, 0.00% Floor, 6.05% Cap)		1.57	%(i)(k)	09/20/2040		206,503
	4,201,345	Series 2010-115-AF (1 mo. Term SOFR + 0.56%, 0.45% Floor, 6.50% Cap)		4.93	%	09/20/2040		4,152,523
	81,257	Series 2010-25-ZB		4.50	%	02/16/2040		79,739
	1,062,615	Series 2011-45-GZ		4.50	%	03/20/2041		1,042,858
	1,693,660	Series 2013-117-MS (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.67	%(i)(k)	02/20/2043		70,192
	1,715,818	Series 2013-122-SB (-1 x 1 mo. Term SOFR + 5.99%, 0.00% Floor, 6.10% Cap)		1.59	%(i)(k)	08/16/2043		163,471
	2,498,922	Series 2014-102-TS (-1 x 1 mo. Term SOFR + 5.49%, 0.00% Floor, 5.60% Cap)		1.12	%(i)(k)	07/20/2044		189,336
	2,144,650	Series 2014-118-PS (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.72	%(i)(k)	08/20/2044		249,976
	1,876,569	Series 2014-118-SA (-1 x 1 mo. Term SOFR + 6.09%, 0.00% Floor, 6.20% Cap)		1.72	%(i)(k)	08/20/2044		218,729
	3,444,137	Series 2015-161-GF (1 mo. Term SOFR + 0.41%, 0.30% Floor, 6.50% Cap)		4.78	%	11/20/2045		3,367,429
	5,465,592	Series 2017-52-FH (1 mo. Term SOFR + 0.46%, 0.35% Floor, 6.50% Cap)		4.83	%	04/20/2047		5,345,118
	11,414,672	Series 2019-86-FE (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap)		4.88	%	07/20/2049		11,242,530
	13,981,835	Series 2020-61-IA		3.00	%(i)	05/20/2050		2,127,213
	18,703,012	Series 2020-62-KF (1 mo. Term SOFR + 0.46%, 0.35% Floor, 6.50% Cap)		4.83	%	05/20/2050		18,196,012
	10,369,462	Series 2021-117-ID		3.50	%(i)	06/20/2051		1,819,151
	20,775,932	Series 2021-155-UI		4.50	%(i)	09/20/2051		3,483,154
	17,620,100	Series 2021-214-IG		2.50	%(i)	12/20/2051		2,351,672
	18,231,163	Series 2022-83-GZ		3.00	%(m)	05/20/2052		13,997,933
		Total US Government and Agency Mortgage Backed Obligations (Cost $1,449,624,207)						1,366,556,564
	US GOVERNMENT AND AGENCY OBLIGATIONS - 17.6%
	190,000,000	United States Treasury Note/Bond		0.75	%	03/31/2026		182,019,105
	101,700,000	United States Treasury Note/Bond		0.75	%	01/31/2028		91,396,983
	131,750,000	United States Treasury Note/Bond		0.63	%	05/15/2030		108,136,472
	107,850,000	United States Treasury Note/Bond		0.63	%	08/15/2030		87,609,656
	289,650,000	United States Treasury Note/Bond		0.88	%	11/15/2030		237,055,043
	27,250,000	United States Treasury Note/Bond		1.13	%	05/15/2040		16,406,544
	400,220,000	United States Treasury Note/Bond		1.13	%	08/15/2040		238,872,163
	215,150,000	United States Treasury Note/Bond		1.88	%	02/15/2041		144,219,555
	122,900,000	United States Treasury Note/Bond		1.75	%	08/15/2041		79,632,243
		Total US Government and Agency Obligations (Cost $1,198,703,064)						1,185,347,764
	COMMON STOCKS - 0.0%(n)
	37,440	Flame Aggregator - Series R(b)(o)						157,997
	3,720	Flame Aggregator - Series U(b)(o)						15,698
		Total Common Stocks (Cost $84,406)						173,695
	WARRANTS - 0.0%(n)
	31,063	Avation PLC, Expires 10/31/2026 at GBP 1.15(o)						21,388
		Total Warrants (Cost $–)						21,388
	AFFILIATED MUTUAL FUNDS - 6.6%
	12,929,742	DoubleLine Global Bond Fund - Class I						106,282,481
	32,972,257	DoubleLine Infrastructure Income Fund - Class I						305,982,549
	5,000,000	DoubleLine Long Duration Total Return Bond Fund - Class I						31,050,000
		Total Affiliated Mutual Funds (Cost $504,557,903)						443,315,030

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	SHORT TERM INVESTMENTS - 5.9%
	132,604,714	First American Government Obligations Fund - U		4.41	%(p)			132,604,714
	132,604,714	JPMorgan US Government Money Market Fund - IM		4.44	%(p)			132,604,714
	132,604,714	MSILF Government Portfolio - Institutional		4.42	%(p)			132,604,714
		Total Short Term Investments (Cost $397,814,142)						397,814,142
		Total Investments - 99.3% (Cost $7,241,431,204)						6,703,784,234
		Other Assets in Excess of Liabilities - 0.7%						46,335,248
		NET ASSETS - 100.0%					$	6,750,119,482

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	20.2	%
US Government and Agency Obligations	17.6	%
US Corporate Bonds	15.4	%
Non-Agency Residential Collateralized Mortgage Obligations	11.4	%
Affiliated Mutual Funds	6.6	%
Short Term Investments	5.9	%
Foreign Corporate Bonds	5.7	%
Non-Agency Commercial Mortgage Backed Obligations	5.2	%
Asset Backed Obligations	3.6	%
Collateralized Loan Obligations	3.6	%
Bank Loans	3.3	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.8	%
Common Stocks	0.0	%(n)
Warrants	0.0	%(n)
Other Assets and Liabilities	0.7	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	20.2	%
US Government and Agency Obligations	17.6	%
Non-Agency Residential Collateralized Mortgage Obligations	11.4	%
Affiliated Mutual Funds	6.6	%
Short Term Investments	5.9	%
Non-Agency Commercial Mortgage Backed Obligations	5.2	%
Asset Backed Obligations	3.6	%
Collateralized Loan Obligations	3.6	%
Banking	3.2	%
Energy	2.5	%
Technology	1.9	%
Utilities	1.8	%
Healthcare	1.7	%
Transportation	1.1	%
Finance	1.1	%
Insurance	1.0	%
Media	0.8	%
Real Estate	0.8	%
Telecommunications	0.8	%
Mining	0.7	%
Retailers (other than Food/Drug)	0.6	%
Hotels/Motels/Inns and Casinos	0.6	%
Electronics/Electric	0.6	%
Automotive	0.5	%
Commercial Services	0.5	%
Construction	0.5	%
Chemicals/Plastics	0.5	%
Industrial Equipment	0.5	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.4	%
Diversified Manufacturing	0.4	%

Pharmaceuticals	0.4	%
Food Products	0.4	%
Containers and Glass Products	0.4	%
Leisure	0.3	%
Aerospace & Defense	0.3	%
Consumer Products	0.2	%
Business Equipment and Services	0.2	%
Building and Development (including Steel/Metals)	0.1	%
Beverage and Tobacco	0.1	%
Pulp & Paper	0.1	%
Food Service	0.1	%
Chemical Products	0.1	%
Conglomerates	0.0	%(n)
IT Services	0.0	%(n)
Consumer Staples	0.0	%(n)
Financial Intermediaries	0.0	%(n)
Financials	0.0	%(n)
Other Assets and Liabilities	0.7	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $1,476,843,201 or 21.9% of the Fund’s net assets.
(b)	Value determined using significant unobservable inputs.
(c)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(d)	Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid. The interest rate disclosed reflects the estimated rate in effect as of period end.
(e)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(f)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(g)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(h)	Perpetual maturity. The date disclosed is the next call date of the security.
(i)	Interest only security
(j)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(k)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(l)	Principal only security
(m)	This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.
(n)	Represents less than 0.05% of net assets.
(o)	Non-income producing security.
(p)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
GBP	British Pound
LIBOR	London Interbank Offered Rate
PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.
SOFR	Secured Overnight Financing Rate
USD	United States Dollar

Futures Contracts
Description	Long/ Short	Contract Quantity	Expiration  Date		Notional Amount(1)			Unrealized Appreciation (Depreciation)/ Value
10 Year U.S. Ultra Treasury Notes	Short	(5,500)	3/20/2025	$	(620,586,444	)	$	8,367,694
U.S. Treasury 2 Year Notes	Long	17,000	3/31/2025		3,492,866,503			2,492,890
U.S. Treasury Ultra Bonds	Short	(220)	3/20/2025		(27,057,368	)		897,993
U.S. Treasury 5 Year Notes	Long	1,450	3/31/2025		155,024,767			(882,970	)
U.S. Treasury Long Bonds	Long	3,050	3/20/2025		355,322,499			(8,099,061	)
							$	2,776,546

(1) Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.

A summary of the DoubleLine Core Fixed Income Fund’s investments in affiliated mutual funds for the period ended December 31, 2024 is as follows:

Fund	Value at March 31, 2024		Gross Purchases		Gross Sales		Net Realized Gain (Loss) for the  Period Ended December 31, 2024		Change in Unrealized for the Period Ended December 31, 2024			Value at  December 31, 2024		Shares Held at  December 31, 2024		Dividend Income Earned for the  Period Ended December 31, 2024
DoubleLine Infrastructure Income Fund (Class I)	$	304,004,213	$	—	$	—	$	—	$	1,978,336		$	305,982,549		32,972,257	$	9,647,527
DoubleLine Global Bond Fund (Class I)		108,480,538		—		—		—		(2,198,057	)		106,282,481		12,929,742		1,102,542
DoubleLine Long Duration Total Return Bond Fund (Class I)		32,900,000		—		—		—		(1,850,000	)		31,050,000		5,000,000		1,165,492
	$	445,384,751	$	—	$	—	$	—	$	(2,069,721	)	$	443,315,030		50,901,999	$	11,915,561

DoubleLine Emerging Markets Fixed Income Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	FOREIGN CORPORATE BONDS - 75.8%
	BRAZIL - 11.9%
	4,030,489	Acu Petroleo Luxembourg Sarl		7.50	%	01/13/2032		3,982,294
	2,300,000	Banco do Estado do Rio Grande do Sul SA  (5 yr. CMT Rate + 4.93%)		5.38	%	01/28/2031		2,269,158
	505,000	Banco do Estado do Rio Grande do Sul SA  (5 yr. CMT Rate + 4.93%)		5.38	%(a)	01/28/2031		498,228
	800,000	Braskem Netherlands Finance BV		4.50	%	01/31/2030		677,917
	7,200,000	Cosan Overseas Ltd.		8.25	%(b)	02/05/2025		7,200,000
	3,350,000	CSN Resources SA		5.88	%	04/08/2032		2,706,512
	10,730,661	Guara Norte Sarl		5.20	%	06/15/2034		9,803,222
	1,929,352	Invepar Holdings		0.00	%(c)(d)	12/30/2028		—
	200,000	Itau Unibanco Holding SA/Cayman Island  (5 yr. CMT Rate + 3.22%)		4.63	%(b)	02/27/2025		199,102
	200,000	Itau Unibanco Holding SA/Cayman Island  (5 yr. CMT Rate + 3.86%)		7.86	%(b)	03/19/2025		202,080
	1,900,000	LD Celulose International GmbH		7.95	%(a)	01/26/2032		1,906,678
	1,000,000	MARB BondCo PLC		3.95	%	01/29/2031		838,422
	1,100,000	Minerva Luxembourg SA		8.88	%(a)	09/13/2033		1,142,323
	1,600,000	Minerva Luxembourg SA		8.88	%	09/13/2033		1,661,560
	2,500,000	Movida Europe SA		7.85	%(a)	04/11/2029		2,205,805
	700,000	Movida Europe SA		7.85	%	04/11/2029		617,625
	6,844,110	MV24 Capital BV		6.75	%	06/01/2034		6,495,870
	7,557,045	Prumo Participacoes e Investimentos S/A		7.50	%	12/31/2031		7,512,613
	975,000	Simpar Europe SA		5.20	%	01/26/2031		733,180
	850,000	Unigel Luxembourg SA		8.75	%(c)	10/01/2026		167,051
								50,819,640
	CHILE - 5.6%
	2,900,000	CAP SA		3.90	%(a)	04/27/2031		2,340,300
	6,000,000	CAP SA		3.90	%	04/27/2031		4,842,000
	4,500,000	Cencosud SA		4.38	%	07/17/2027		4,400,139
	10,671,434	Chile Electricity PEC SpA		0.00	%(a)	01/25/2028		8,996,019
	2,072,300	Empresa Electrica Angamos SA		4.88	%	05/25/2029		1,883,804
	1,153,500	Empresa Electrica Cochrane SpA		5.50	%	05/14/2027		1,117,470
	294,200	GNL Quintero SA		4.63	%	07/31/2029		290,419
								23,870,151
	COLOMBIA - 9.6%
	1,381,246	AL Candelaria Spain SA		7.50	%	12/15/2028		1,364,976
	7,100,000	AL Candelaria Spain SA		5.75	%	06/15/2033		5,774,764
	3,800,000	AL Candelaria Spain SA		5.75	%(a)	06/15/2033		3,090,719
	3,000,000	Aris Mining Corp.		8.00	%(a)	10/31/2029		2,972,506
	2,850,000	Banco Davivienda SA  (10 yr. CMT Rate + 5.10%)		6.65	%(a)(b)	04/22/2031		2,452,243
	200,000	Banco de Bogota SA		6.25	%	05/12/2026		200,105
	2,300,000	Bancolombia SA  (5 yr. CMT Rate + 4.32%)		8.63	%	12/24/2034		2,410,362
	5,213,000	Canacol Energy Ltd.		5.75	%	11/24/2028		2,908,025
	7,000,000	Empresas Publicas de Medellin ESP		4.25	%	07/18/2029		6,262,022
	4,392,000	Empresas Publicas de Medellin ESP		4.38	%	02/15/2031		3,779,602
	1,203,020	Fideicomiso PA Pacifico Tres		8.25	%	01/15/2035		1,200,012
	7,139,000	Gran Tierra Energy, Inc.		9.50	%(a)	10/15/2029		6,657,475
	1,700,000	Termocandelaria Power SA		7.75	%(a)	09/17/2031		1,720,502
	600,000	Transportadora de Gas Internacional SA ESP		5.55	%	11/01/2028		586,691
								41,380,004
	DOMINICAN REPUBLIC - 0.9%
	200,000	Aeropuertos Dominicanos Siglo XXI SA		7.00	%(a)	06/30/2034		204,250
	3,800,000	AES Espana BV		5.70	%(a)	05/04/2028		3,617,505
								3,821,755

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	GUATEMALA - 3.8%
	8,500,000	Banco Industrial SA/Guatemala  (5 yr. CMT Rate + 4.44%)		4.88	%	01/29/2031		8,342,750
	3,100,000	CT Trust		5.13	%	02/03/2032		2,776,642
	2,135,000	Energuate Trust		5.88	%	05/03/2027		2,090,869
	450,000	Millicom International Cellular SA		5.13	%	01/15/2028		433,959
	2,700,000	Millicom International Cellular SA		6.25	%	03/25/2029		2,658,529
								16,302,749
	INDIA - 11.8%
	500,000	Adani Electricity Mumbai Ltd.		3.95	%	02/12/2030		400,731
	1,700,000	Adani Electricity Mumbai Ltd.		3.87	%	07/22/2031		1,307,022
	3,755,750	Adani International Container Terminal Pvt Ltd.		3.00	%	02/16/2031		3,094,738
	2,656,000	Adani International Container Terminal Pvt Ltd.		3.00	%(a)	02/16/2031		2,188,544
	2,400,000	Adani Ports & Special Economic Zone Ltd.		4.00	%	07/30/2027		2,170,457
	2,000,000	Adani Ports & Special Economic Zone Ltd.		4.20	%	08/04/2027		1,810,464
	700,000	Adani Ports & Special Economic Zone Ltd.		4.38	%	07/03/2029		603,088
	2,800,000	Adani Ports & Special Economic Zone Ltd.		3.10	%	02/02/2031		2,130,210
	3,800,000	Adani Transmission Step-One Ltd.		4.00	%	08/03/2026		3,494,911
	1,812,500	Adani Transmission Step-One Ltd.		4.25	%	05/21/2036		1,408,834
	200,000	Bharti Airtel Ltd.		4.38	%	06/10/2025		199,238
	4,498,750	JSW Hydro Energy Ltd.		4.13	%	05/18/2031		4,062,478
	4,000,000	JSW Infrastructure Ltd.		4.95	%	01/21/2029		3,859,767
	8,960,000	Network i2i Ltd.  (5 yr. CMT Rate + 4.27%)		5.65	%(b)	01/15/2025		8,981,074
	1,400,000	Periama Holdings		5.95	%	04/19/2026		1,399,284
	3,000,000	Reliance Industries Ltd.		4.13	%	01/28/2025		2,997,403
	8,000,000	UPL Corp. Ltd.		4.63	%	06/16/2030		7,091,379
	3,382,859	Vedanta Resources Ltd.		13.88	%	12/09/2028		3,400,217
								50,599,839
	INDONESIA - 2.8%
	3,200,000	Freeport Indonesia PT		4.76	%	04/14/2027		3,172,512
	600,000	Freeport Indonesia PT		5.32	%	04/14/2032		584,656
	5,600,000	Medco Laurel Tree Pte Ltd.		6.95	%	11/12/2028		5,582,126
	2,600,000	Medco Oak Tree Pte Ltd.		7.38	%	05/14/2026		2,649,158
								11,988,452
	JAMAICA - 0.1%
	3,187,632	Digicel Group Holdings Ltd.		0.00	%(a)(d)	12/31/2030		73,580
	26,166	Digicel Group Holdings Ltd.		0.00	%(a)(d)	12/31/2030		26,077
	1,201,562	Digicel Group Holdings Ltd.		0.00	%(a)(d)	12/31/2030		213,452
								313,109
	KUWAIT - 1.2%
	1,000,000	MEGlobal BV		4.25	%	11/03/2026		978,571
	4,100,000	MEGlobal Canada ULC		5.00	%	05/18/2025		4,093,481
								5,072,052
	MEXICO - 7.7%
	1,900,000	Banco Mercantil del Norte SA/Grand Cayman  (10 yr. CMT Rate + 5.35%)		7.63	%(b)	01/10/2028		1,866,624
	2,200,000	Banco Mercantil del Norte SA/Grand Cayman  (10 yr. CMT Rate + 5.47%)		7.50	%(a)(b)	06/27/2029		2,130,468
	3,000,000	Banco Mercantil del Norte SA/Grand Cayman  (5 yr. CMT Rate + 4.07%)		8.38	%(a)(b)	05/20/2031		2,996,809
	200,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand		5.62	%(a)	12/10/2029		199,500
	2,400,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 2.65%)		5.13	%	01/18/2033		2,234,320
	2,100,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 4.31%)		5.88	%	09/13/2034		1,994,315
	2,400,000	Braskem Idesa SAPI		6.99	%	02/20/2032		1,766,518
	2,200,000	Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy		7.88	%(a)	02/15/2039		2,270,785
	4,600,000	Cemex SAB de CV  (5 yr. CMT Rate + 4.53%)		5.13	%(b)	06/08/2026		4,509,627
	3,916,800	Cometa Energia SAB de CV		6.38	%	04/24/2035		3,874,990
	5,200,000	Credito Real SAB de CV SOFOM ER  (5 yr. CMT Rate + 7.03%)		9.13	%(b)(c)	11/29/2027		52,000

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	358,715	Fermaca Enterprises S de RL de CV		6.38	%	03/30/2038		349,456
	4,590,000	KUO SAB De CV		5.75	%	07/07/2027		4,464,002
	4,600,000	Mexarrend SAPI de CV		10.25	%(a)(c)	07/24/2025		85,100
	1,899,017	Mexico Generadora de Energia S de RL		5.50	%	12/06/2032		1,841,287
	2,575,793	Tierra Mojada Luxembourg II Sarl		5.75	%	12/01/2040		2,359,062
								32,994,863
	PANAMA - 0.4%
	1,650,000	Multibank, Inc.		7.75	%	02/03/2028		1,673,983
	PARAGUAY - 1.7%
	750,000	Banco Continental SAECA		2.75	%	12/10/2025		725,641
	2,224,000	Frigorifico Concepcion SA		7.70	%	07/21/2028		1,726,663
	6,559,999	Rutas 2 & 7 Finance Ltd.		0.00	%	09/30/2036		4,661,877
	168,000	Telefonica Celular del Paraguay SA		5.88	%	04/15/2027		166,672
								7,280,853
	PERU - 12.6%
	8,000,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 3.00%)		3.13	%	07/01/2030		7,849,647
	3,950,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)		3.25	%	09/30/2031		3,745,492
	12,172,000	Banco Internacional del Peru SAA Interbank  (5 yr. CMT Rate + 3.71%)		4.00	%	07/08/2030		12,021,608
	7,950,000	Cia de Minas Buenaventura SAA		5.50	%	07/23/2026		7,949,401
	635,400	Hunt Oil Co. of Peru LLC Sucursal Del Peru		6.38	%	06/01/2028		639,876
	5,080,000	InRetail Consumer		3.25	%	03/22/2028		4,665,332
	4,148,000	InRetail Shopping Malls		5.75	%	04/03/2028		4,107,621
	4,900,000	Intercorp Financial Services, Inc.		4.13	%	10/19/2027		4,690,551
	5,788,331	Lima Metro Line 2 Finance Ltd.		4.35	%	04/05/2036		5,322,063
	2,710,000	Orazul Energy Peru SA		5.63	%	04/28/2027		2,643,659
	300,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA		3.75	%	08/02/2028		272,737
								53,907,987
	SINGAPORE - 4.4%
	400,000	DBS Group Holdings Ltd.  (5 yr. CMT Rate + 1.10%)		1.82	%	03/10/2031		385,127
	9,400,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)		1.83	%	09/10/2030		9,182,138
	7,200,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.52%)		1.75	%	03/16/2031		6,923,227
	2,700,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.23%)		2.00	%	10/14/2031		2,559,842
								19,050,334
	SOUTH AFRICA - 0.8%
	1,900,000	AngloGold Ashanti Holdings PLC		3.38	%	11/01/2028		1,756,524
	1,900,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%	05/15/2029		1,925,283
								3,681,807
	VIETNAM - 0.5%
	2,096,740	Mong Duong Finance Holdings BV		5.13	%	05/07/2029		2,016,913
		Total Foreign Corporate Bonds (Cost $351,550,191)						324,774,491
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 20.6%
	BRAZIL - 1.2%
	5,000,000	Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%)		8.75	%(b)	04/15/2025		5,013,465
	COLOMBIA - 3.6%
	2,900,000	Colombia Government International Bond		5.00	%	06/15/2045		1,963,300
	3,000,000	Colombia Government International Bond		4.13	%	05/15/2051		1,724,655
	5,000,000	Ecopetrol SA		4.63	%	11/02/2031		4,150,402
	800,000	Ecopetrol SA		5.88	%	05/28/2045		551,756
	10,300,000	Ecopetrol SA		5.88	%	11/02/2051		6,924,465
								15,314,578
	DOMINICAN REPUBLIC - 0.0%(e)
	150,000	Dominican Republic International Bond		5.50	%	02/22/2029		145,613
	GUATEMALA - 1.0%
	1,100,000	Guatemala Government Bond		4.38	%	06/05/2027		1,060,400
	1,600,000	Guatemala Government Bond		4.88	%	02/13/2028		1,546,800

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,800,000	Guatemala Government Bond		5.25	%	08/10/2029		1,733,850
								4,341,050
	INDONESIA - 2.4%
	4,400,000	Bank Negara Indonesia Persero Tbk PT		3.75	%	03/30/2026		4,297,443
	5,300,000	Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT		4.75	%	05/15/2025		5,290,823
	400,000	Pertamina Persero PT		1.40	%	02/09/2026		383,405
	200,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara		4.13	%	05/15/2027		195,588
								10,167,259
	MEXICO - 7.2%
	5,000,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%	08/11/2031		4,609,888
	2,500,000	Comision Federal de Electricidad		3.35	%	02/09/2031		2,073,428
	1,000,000	Comision Federal de Electricidad		6.45	%(a)	01/24/2035		944,967
	4,100,000	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%(a)	01/31/2041		4,020,870
	200,000	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%	01/31/2041		196,140
	11,000,000	Mexico Government International Bond		4.40	%	02/12/2052		7,463,192
	7,000,000	Mexico Government International Bond		6.34	%	05/04/2053		6,254,960
	7,400,000	Petroleos Mexicanos		6.75	%	09/21/2047		5,092,812
								30,656,257
	MOROCCO - 0.2%
	1,100,000	OCP SA		4.50	%	10/22/2025		1,087,894
	PANAMA - 1.6%
	200,000	Panama Government International Bond		3.88	%	03/17/2028		184,956
	13,000,000	Panama Government International Bond		3.87	%	07/23/2060		6,830,737
								7,015,693
	PARAGUAY - 1.1%
	5,740,461	Bioceanico Sovereign Certificate Ltd.		0.00	%	06/05/2034		4,437,376
	200,000	Paraguay Government International Bond		4.70	%	03/27/2027		196,700
								4,634,076
	PERU - 1.4%
	2,536,861	Lima Metro Line 2 Finance Ltd.		5.88	%	07/05/2034		2,532,409
	2,600,000	Petroleos del Peru SA		4.75	%	06/19/2032		1,968,894
	2,400,000	Petroleos del Peru SA		5.63	%	06/19/2047		1,540,350
								6,041,653
	SOUTH AFRICA - 0.9%
	4,200,000	Republic of South Africa Government International Bond		4.30	%	10/12/2028		3,933,040
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $105,741,510)						88,350,578
	SHORT TERM INVESTMENTS - 2.6%
	3,704,571	First American Government Obligations Fund - U		4.41	%(f)			3,704,571
	3,704,571	JPMorgan US Government Money Market Fund - IM		4.44	%(f)			3,704,571
	3,704,571	MSILF Government Portfolio - Institutional		4.42	%(f)			3,704,571
		Total Short Term Investments (Cost $11,113,713)						11,113,713
		Total Investments - 99.0% (Cost $468,405,414)						424,238,782
		Other Assets in Excess of Liabilities - 1.0%						4,157,074
		NET ASSETS - 100.0%					$	428,395,856

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Corporate Bonds	75.8	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	20.6	%
Short Term Investments	2.6	%
Other Assets and Liabilities	1.0	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Banking	20.4	%
Transportation	14.2	%
Energy	13.6	%
Utilities	12.9	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	10.6	%
Mining	8.0	%
Telecommunications	3.6	%
Retailers (other than Food/Drug)	3.1	%
Consumer Products	2.7	%
Short Term Investments	2.6	%
Building and Development (including Steel/Metals)	2.0	%
Chemical Products	1.9	%
Chemicals/Plastics	1.7	%
Conglomerates	1.0	%
Pulp & Paper	0.4	%
Food Products	0.3	%
Finance	0.0	%(e)
Other Assets and Liabilities	1.0	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
Mexico	14.9	%
Peru	14.0	%
Colombia	13.2	%
Brazil	13.1	%
India	11.8	%
Chile	5.6	%
Indonesia	5.2	%
Guatemala	4.8	%
Singapore	4.4	%
Paraguay	2.8	%
United States	2.6	%
Panama	2.0	%
South Africa	1.7	%
Kuwait	1.2	%
Dominican Republic	0.9	%
Vietnam	0.5	%
Morocco	0.2	%
Jamaica	0.1	%
Other Assets and Liabilities	1.0	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $52,954,705 or 12.4% of the Fund’s net assets.
(b)	Perpetual maturity. The date disclosed is the next call date of the security.
(c)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(d)	Value determined using significant unobservable inputs.
(e)	Represents less than 0.05% of net assets.
(f)	Seven-day yield as of period end.

CMT Constant Maturity Treasury Rate

DoubleLine Low Duration Bond Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
ASSET BACKED OBLIGATIONS - 7.3%
	AccessLex Institute
1,413,639	Series 2007-A-B (3 mo. Term SOFR + 0.81%, 0.00% Floor)	5.33	%	02/25/2037	1,379,840
	ACHV Trust
2,750,000	Series 2023-3PL-C	7.35	%(a)	08/19/2030	2,763,100
6,799,098	Series 2024-2PL-A	5.07	%(a)	10/27/2031	6,818,521
	Affirm, Inc.
2,408,106	Series 2022-Z1-A	4.55	%(a)	06/15/2027	2,405,639
15,000,000	Series 2023-A-1A	6.61	%(a)	01/18/2028	15,009,936
2,763,607	Series 2023-X1-A	7.11	%(a)	11/15/2028	2,770,518
5,300,000	Series 2024-A-A	5.61	%(a)	02/15/2029	5,340,691
4,388,697	Series 2024-X1-A	6.27	%(a)	05/15/2029	4,403,856
5,000,000	Series 2024-X2-A	5.22	%(a)	12/17/2029	5,008,036
	Aligned Data Centers Issuer LLC
3,100,000	Series 2022-1A-A2	6.35	%(a)	10/15/2047	3,131,921
	American Credit Acceptance Receivables Trust
823,070	Series 2024-2-A	5.90	%(a)	02/12/2027	826,005
6,512,871	Series 2024-3-A	5.76	%(a)	11/12/2027	6,543,258
6,000,000	Series 2024-4-B	4.80	%(a)	11/13/2028	5,997,289
	Aqua Finance Trust
1,158,007	Series 2020-AA-A	1.90	%(a)	07/17/2046	1,097,267
	Arivo Acceptance Auto Loan Receivables Trust
2,970,423	Series 2022-1A-A	3.93	%(a)	05/15/2028	2,958,068
	AVANT Loans Funding Trust
10,000,000	Series 2024-REV1-A	5.92	%(a)	10/15/2033	10,108,442
	Bridgecrest Lending Auto Securitization Trust
8,080,585	Series 2024-3-A2	5.54	%	02/16/2027	8,095,666
	CAI International, Inc.
6,859,844	Series 2020-1A-A	2.22	%(a)	09/25/2045	6,370,814
	Carvana Auto Receivables Trust
3,470,345	Series 2023-N3-A	6.41	%(a)	09/10/2027	3,489,973
6,252,912	Series 2024-N1-A2	5.76	%(a)	04/12/2027	6,270,300
8,000,000	Series 2024-P3-A4	4.31	%	09/10/2030	7,843,754
	Citizens Auto Receivables Trust
5,071,267	Series 2023-2-A2A	6.09	%(a)	10/15/2026	5,085,346
	Commonbond Student Loan Trust
876,415	Series 2017-BGS-A1	2.68	%(a)	09/25/2042	804,858
792,658	Series 2020-AGS-A	1.98	%(a)	08/25/2050	681,884
	Compass Datacenters LLC
17,648,000	Series 2024-1A-A1	5.25	%(a)	02/25/2049	17,572,530
	CPS Auto Trust
15,755	Series 2022-D-A	6.09	%(a)	01/15/2027	15,762
2,250,412	Series 2024-A-A	5.71	%(a)	09/15/2027	2,257,594
	DataBank Issuer
1,599,000	Series 2021-1A-A2	2.06	%(a)	02/27/2051	1,539,661
10,000,000	Series 2023-1A-A2	5.12	%(a)	02/25/2053	9,802,394
	Diamond Resorts Owner Trust
1,234,899	Series 2021-1A-B	2.05	%(a)	11/21/2033	1,207,007
	Domino’s SPV Guarantor LLC
1,488,000	Series 2019-1A-A2	3.67	%(a)	10/25/2049	1,381,739
	Exeter Automobile Receivables Trust
7,240,000	Series 2021-4A-D	1.96	%	01/17/2028	7,118,572
5,500,000	Series 2024-5A-A2	4.79	%	04/15/2027	5,502,369
	Global Sea Containers Two SRL
2,630,369	Series 2020-1A-A	2.17	%(a)	10/17/2040	2,479,135
	GLS Auto Receivables Trust
421,624	Series 2021-1A-D	1.68	%(a)	01/15/2027	418,275
4,585,734	Series 2023-4A-A2	6.40	%(a)	12/15/2026	4,595,682

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	GLS Auto Select Receivables Trust
3,932,250	Series 2024-3A-A2	5.59	%(a)	10/15/2029	3,979,847
9,250,000	Series 2024-4A-A2	4.43	%(a)	12/17/2029	9,214,705
	GreenSky Home Improvement Issuer Trust
4,500,000	Series 2024-2-A4	5.15	%(a)	10/27/2059	4,498,612
	Hilton Grand Vacations, Inc.
473,782	Series 2018-AA-A	3.54	%(a)	02/25/2032	471,246
280,699	Series 2020-AA-A	2.74	%(a)	02/25/2039	271,708
	LAD Auto Receivables Trust
6,103,765	Series 2024-1A-A2	5.44	%(a)	11/16/2026	6,113,202
	Laurel Road Prime Student Loan Trust
189,698	Series 2019-A-A1FX	2.34	%(a)	10/25/2048	187,730
	Lendbuzz Securitization Trust
5,259,211	Series 2023-1A-A2	6.92	%(a)	08/15/2028	5,345,386
2,388,988	Series 2023-2A-A2	7.09	%(a)	10/16/2028	2,434,362
7,871,237	Series 2024-2A-A2	5.99	%(a)	05/15/2029	7,955,690
	Loanpal Solar Loan Ltd.
7,482,064	Series 2020-3GS-A	2.47	%(a)	12/20/2047	5,944,841
	Mariner Finance Issuance Trust
4,150,000	Series 2024-BA-A	4.91	%(a)	11/20/2038	4,090,762
	Marlette Funding Trust
110,678	Series 2022-2A-B	5.50	%(a)	08/15/2032	110,690
9,715,684	Series 2024-1A-A	5.95	%(a)	07/17/2034	9,761,870
	Navient Student Loan Trust
2,166,253	Series 2020-FA-A	1.22	%(a)	07/15/2069	2,002,103
1,236,199	Series 2020-GA-A	1.17	%(a)	09/16/2069	1,133,576
9,337,080	Series 2022-A-A	2.23	%(a)	07/15/2070	8,384,338
	Oxford Finance Funding Trust
3,072,456	Series 2020-1A-A2	3.10	%(a)	02/15/2028	3,044,512
	Pagaya AI Debt Selection Trust
825,633	Series 2021-HG1-A	1.22	%(a)	01/16/2029	816,681
1,411,797	Series 2023-1-A	7.56	%(a)	07/15/2030	1,413,940
1,615,175	Series 2023-3-A	7.60	%(a)	12/16/2030	1,623,994
4,076,023	Series 2023-5-B	7.63	%(a)	04/15/2031	4,092,537
	Prosper Marketplace Issuance Trust
855,280	Series 2023-1A-A	7.06	%(a)	07/16/2029	857,264
1,441,400	Series 2024-1A-A	6.12	%(a)	08/15/2029	1,445,812
	Santander Consumer USA Holdings, Inc.
438,799	Series 2023-4-A2	6.18	%	02/16/2027	439,373
5,764,161	Series 2024-3-A2	5.91	%	06/15/2027	5,786,733
4,250,000	Series 2024-5-C	4.78	%	01/15/2031	4,222,857
	Santander Consumer USA, Inc.
59,458	Series 2021-3-C	1.47	%	01/15/2027	59,381
	Santander Drive Auto Receivables LLC
320,248	Series 2020-4-D	1.48	%	01/15/2027	319,565
	SCCU Auto Receivables Trust
10,742,371	Series 2024-1A-A2	5.45	%(a)	12/15/2027	10,781,798
	SFS Auto Receivables Securitization Trust
2,285,499	Series 2024-1A-A2	5.35	%(a)	06/21/2027	2,290,597
	Sierra Timeshare Conduit Receivables Funding LLC
855,925	Series 2021-2A-C	1.95	%(a)	09/20/2038	823,372
	Slam Ltd.
9,841,577	Series 2024-1A-A	5.34	%(a)	09/15/2049	9,653,642
	SLM Student Loan Trust
4,148,111	Series 2006-A-A5 (3 mo. Term SOFR + 0.55%, 0.00% Floor)	4.91	%	06/15/2039	3,983,980
2,472,893	Series 2006-B-A5 (3 mo. Term SOFR + 0.53%, 0.00% Floor)	4.89	%	12/15/2039	2,409,442
	SOFI Alternative Trust
2,313,854	Series 2021-1-PT1	9.72	%(a)(b)	05/25/2030	2,296,470
4,163,685	Series 2021-2-A	1.25	%(a)	08/15/2030	4,101,334
8,069,942	Series 2021-3-A	1.50	%(a)	11/15/2030	7,950,725
	SoFi Professional Loan Program LLC
676,014	Series 2018-D-A2FX	3.60	%(a)	02/25/2048	665,507
3,122,195	Series 2020-C-AFX	1.95	%(a)	02/15/2046	2,887,109
	TAL Advantage LLC
2,768,750	Series 2020-1A-A	2.05	%(a)	09/20/2045	2,575,475

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Tesla Sustainable Energy Trust
20,500,000	Series 2024-1A-A2	5.08	%(a)	06/21/2050	20,495,873
	Textainer Ltd.
733,333	Series 2021-3A-A	1.94	%(a)	08/20/2046	641,863
	Toyota Lease Owner Trust
17,150,000	Series 2024-B-A4	4.25	%(a)	01/22/2029	17,033,726
	United Airlines Pass Through Trust
13,689,854	Series 2020-1-A	5.88	%	10/15/2027	13,993,644
	UPCL
13,078,527	Series 2023-1-A	7.65	%(c)	04/22/2030	13,251,163
	Upgrade Master Pass-Thru Trust
491,085	Series 2021-PT3-A	16.43	%(a)(b)	07/15/2027	455,253
	Upgrade Receivables Trust
10,500,000	Series 2024-1A-A	5.37	%(a)	02/18/2031	10,514,468
	Upstart Pass-Through Trust Series
165,787	Series 2020-ST5-A	3.00	%(a)	12/20/2026	164,738
296,259	Series 2021-ST5-A	2.00	%(a)	07/20/2027	289,475
455,081	Series 2021-ST6-A	1.85	%(a)	08/20/2027	451,254
	Upstart Securitization Trust
70,182	Series 2023-1-A	6.59	%(a)	02/20/2033	70,220
2,930,636	Series 2023-2-A	6.77	%(a)	06/20/2033	2,941,827
4,239,487	Series 2023-3-A	6.90	%(a)	10/20/2033	4,276,701
10,442,657	Series 2024-1-A	5.33	%(a)	11/20/2034	10,457,658
	Wendy’s SPV Guarantor LLC
4,672,483	Series 2018-1A-A2II	3.88	%(a)	03/15/2048	4,483,982
	Westgate Resorts LLC
3,059,063	Series 2022-1A-C	2.49	%(a)	08/20/2036	2,990,059
	Westlake Automobile Receivables Trust
8,320,395	Series 2023-4A-A2	6.23	%(a)	01/15/2027	8,355,768
5,015,648	Series 2024-1A-A2A	5.62	%(a)	03/15/2027	5,028,900
	Total Asset Backed Obligations (Cost $433,736,942)				431,435,042
BANK LOANS - 0.8%
	1011778 BC ULC
2,245,602	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	09/23/2030	2,237,653
	APi Group DE, Inc.
161,470	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	01/03/2029	161,705
	CPI Holdco B LLC
3,200,150	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	05/19/2031	3,197,574
	Iron Mountain Information Management LLC
6,269,904	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	01/31/2031	6,277,741
	Lamar Media Corp.
4,880,263	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.50%, 0.00% Floor)	5.96	%	02/08/2027	4,872,113
	Resideo Funding, Inc.
3,430,762	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.15	%	02/14/2028	3,444,708
985,050	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	06/13/2031	989,364
	Standard Industries, Inc./NY
996,462	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.50% Floor)	6.11	%	09/22/2028	1,000,144
	Stars Group Holdings BV (Amaya/Flutter) T/L 1L B
5,859,572	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%)	6.08	%	11/25/2030	5,854,093
	Tempur Sealy International, Inc.
720,000	Senior Secured First Lien Term Loan (Daily US Secured Overnight Financing Rate + 2.50%, 0.00% Floor)	6.81	%	10/24/2031	722,923
	Trans Union LLC
2,571,323	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.21	%	11/16/2026	2,576,555

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
5,522,250	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	06/24/2031	5,521,394
1,269,971	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)	6.20	%	06/24/2031	1,269,736
	Vistra Operations Co. LLC
5,946,158	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	12/20/2030	5,966,435
	WMG Acquisition Corp.
2,965,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%, 0.00% Floor)	6.34	%	01/24/2031	2,965,741
	Total Bank Loans (Cost $46,869,408)				47,057,879
COLLATERALIZED LOAN OBLIGATIONS - 13.5%
	Bain Capital Credit CLO
20,000,000	Series 2022-6A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor)	5.89	%(a)	01/22/2038	20,172,410
10,000,000	Series 2024-6A-A1 (3 mo. Term SOFR + 1.33%, 1.33% Floor)	5.65	%(a)	01/21/2038	10,000,000
	Battalion CLO Ltd.
30,000,000	Series 2017-11A-AR (3 mo. Term SOFR + 1.41%, 1.15% Floor)	6.05	%(a)	04/24/2034	30,059,880
22,000,000	Series 2021-20A-A (3 mo. Term SOFR + 1.44%, 1.18% Floor)	6.10	%(a)	07/15/2034	22,022,238
	BBAM US Ltd.
4,132,000	Series 2022-1A-A1 (3 mo. Term SOFR + 1.38%, 1.38% Floor)	6.04	%(a)	04/15/2035	4,139,188
	Benefit Street Partners CLO Ltd.
15,000,000	Series 2024-37A-A (3 mo. Term SOFR + 1.35%, 1.35% Floor)	5.70	%(a)	01/25/2038	15,000,993
	BlueMountain CLO Ltd.
22,000,000	Series 2021-31A-A1 (3 mo. Term SOFR + 1.41%, 1.15% Floor)	6.03	%(a)	04/19/2034	22,044,095
	Bridge Street CLO Ltd.
24,000,000	Series 2021-1A-A1A (3 mo. Term SOFR + 1.49%, 1.23% Floor)	6.11	%(a)	07/20/2034	24,040,750
	Capital Four US CLO Ltd.
15,000,000	Series 2021-1A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)	6.10	%(a)	01/18/2035	15,008,340
	Carlyle Global Market Strategies
25,000,000	Series 2016-1A-A1R2 (3 mo. Term SOFR + 1.40%, 1.14% Floor)	6.02	%(a)	04/20/2034	25,046,530
15,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor)	5.92	%(a)	01/20/2038	15,084,915
	CarVal CLO
4,781,747	Series 2018-1A-AR (3 mo. Term SOFR + 1.23%, 1.23% Floor)	5.88	%(a)	07/16/2031	4,792,106
	Cathedral Lake CLO Ltd.
6,587,310	Series 2021-7RA-AR (3 mo. Term SOFR + 1.18%, 1.18% Floor)	5.84	%(a)	01/15/2032	6,599,316
	CBAM Ltd.
10,000,000	Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor)	5.77	%(a)	01/20/2038	10,000,000
10,000,000	Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor)	6.10	%(a)	07/17/2034	10,019,153
8,891,972	Series 2019-10A-A1R (3 mo. Term SOFR + 1.38%, 1.12% Floor)	6.00	%(a)	04/20/2032	8,905,699
	Cedar Funding Ltd.
20,000,000	Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor)	6.04	%(a)	07/20/2037	20,064,258
	CFIP CLO Ltd.
20,000,000	Series 2021-1A-A (3 mo. Term SOFR + 1.48%, 1.22% Floor)	6.10	%(a)	01/20/2035	20,039,258
	CIFC Funding Ltd.
10,000,000	Series 2021-5A-A1R (3 mo. Term SOFR + 1.26%, 1.26% Floor)	0.00	%(a)	01/15/2038	10,000,000
	Clover CLO
20,000,000	Series 2018-1A-A1RR (3 mo. Term SOFR + 1.53%, 1.53% Floor)	6.15	%(a)	04/20/2037	20,162,928
10,000,000	Series 2021-2A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.05	%(a)	07/20/2034	10,004,201
	Crown City CLO
18,000,000	Series 2021-1A-A1A (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.05	%(a)	07/20/2034	18,037,809
	Generate CLO Ltd.
46,500,000	Series 9A-AR (3 mo. Term SOFR + 1.35%, 1.35% Floor)	5.82	%(a)	01/20/2038	46,755,522

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Halsey Point CLO Ltd.
52,000,000	Series 2021-5A-A1A (3 mo. Term SOFR + 1.47%, 1.21% Floor)	6.06	%(a)	01/30/2035	52,030,228
	Harbourview CLO VII LLC
2,489,669	Series 7RA-A1 (3 mo. Term SOFR + 1.39%, 1.13% Floor)	6.02	%(a)	07/18/2031	2,495,074
	Invesco CLO Ltd.
10,000,000	Series 2023-3A-A (3 mo. Term SOFR + 1.80%, 1.80% Floor)	6.46	%(a)	07/15/2036	10,056,947
	Jackson Financial, Inc.
20,000,000	Series 2021-5A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)	6.09	%(a)	10/18/2034	20,009,844
	Katayma CLO Ltd.
22,500,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)	6.27	%(a)	04/20/2037	22,601,884
	Madison Park Funding Ltd.
10,000,000	Series 2021-52A-A (3 mo. Term SOFR + 1.36%, 1.36% Floor)	5.99	%(a)	01/22/2035	10,016,365
	Marble Point CLO
35,000,000	Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)	6.09	%(a)	07/25/2034	35,071,288
	MP CLO Ltd.
15,000,000	Series 2015-2A-ARR (3 mo. Term SOFR + 1.46%, 1.20% Floor)	6.08	%(a)	04/28/2034	15,031,630
	Ocean Trails CLO
12,233,892	Series 2014-5A-ARR (3 mo. Term SOFR + 1.54%, 1.28% Floor)	6.20	%(a)	10/13/2031	12,260,423
	OCP CLO Ltd.
3,000,000	Series 2020-20A-A1R (3 mo. Term SOFR + 1.53%, 1.53% Floor)	6.16	%(a)	04/18/2037	3,024,587
28,000,000	Series 2024-32A-A1 (3 mo. Term SOFR + 1.52%, 1.52% Floor)	6.15	%(a)	04/23/2037	28,232,744
	Palmer Square CLO Ltd.
8,700,000	Series 2021-2A-A (3 mo. Term SOFR + 1.41%, 1.41% Floor)	6.07	%(a)	07/15/2034	8,715,117
	Regatta Funding Ltd.
11,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.53%, 1.53% Floor)	6.15	%(a)	04/26/2037	11,053,754
	Romark LLC
9,187,179	Series 2018-1A-A1 (3 mo. Term SOFR + 1.29%, 0.00% Floor)	5.91	%(a)	04/20/2031	9,196,216
	Sound Point CLO Ltd.
13,227,314	Series 2014-2RA-A (3 mo. Term SOFR + 1.51%, 1.25% Floor)	6.13	%(a)	10/20/2031	13,250,161
25,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor)	6.05	%(a)	07/20/2034	25,048,163
	Steele Creek CLO Ltd.
900,000	Series 2019-1A-BR (3 mo. Term SOFR + 2.06%, 1.80% Floor)	6.72	%(a)	04/15/2032	902,965
16,394,026	Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.09	%(a)	07/15/2032	16,419,166
	Storm King Park CLO Ltd.
9,000,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor)	6.02	%(a)	10/15/2037	9,060,275
	Symphony CLO Ltd.
10,535,654	Series 2014-15A-AR3 (3 mo. Term SOFR + 1.34%, 1.08% Floor)	5.99	%(a)	01/17/2032	10,554,807
	Texas Debt Capital CLO Ltd.
10,500,000	Series 2023-1A-A (3 mo. Term SOFR + 1.80%, 1.80% Floor)	6.42	%(a)	04/20/2036	10,548,813
	Tralee CLO Ltd.
4,000,000	Series 2019-6A-A1RR (3 mo. Term SOFR + 1.22%, 1.22% Floor)	5.85	%(a)	10/25/2032	4,001,337
	Trestles CLO LLC
20,000,000	Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.05	%(a)	07/21/2034	20,010,454
	Trimaran CAVU LLC
10,000,000	Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)	6.10	%(a)	01/18/2035	10,020,417
	Vibrant CLO Ltd.
10,000,000	Series 2021-13A-A1R (3 mo. Term SOFR + 1.40%, 1.40% Floor)	5.97	%(a)	01/15/2038	10,037,000
20,000,000	Series 2024-4RA-A1A (3 mo. Term SOFR + 1.43%, 1.43% Floor)	6.03	%(a)	10/20/2037	20,054,104
	Warwick Capital CLO Ltd.
10,000,000	Series 2024-4A-A1 (3 mo. Term SOFR + 1.40%, 1.40% Floor)	6.59	%(a)	07/20/2037	10,077,211
	Wellfleet CLO Ltd.
8,000,000	Series 2020-1A-A1AR (3 mo. Term SOFR + 1.20%, 1.20% Floor)	5.86	%(a)	04/15/2033	8,013,619
5,000,000	Series 2021-2A-A1 (3 mo. Term SOFR + 1.46%, 1.20% Floor)	6.12	%(a)	07/15/2034	5,010,954
	Total Collateralized Loan Obligations (Cost $798,882,247)				800,805,136

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
FOREIGN CORPORATE BONDS - 7.3%
1,826,000	Adani International Container Terminal Pvt Ltd.	3.00	%	02/16/2031	1,504,624
5,200,000	Adani Ports & Special Economic Zone Ltd.	4.00	%	07/30/2027	4,702,657
4,300,000	Adani Transmission Step-One Ltd.	4.00	%	08/03/2026	3,954,768
5,066,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust	6.45	%	04/15/2027	5,224,732
2,487,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust	5.75	%	06/06/2028	2,535,010
1,465,000	Aker BP ASA	5.60	%(a)	06/13/2028	1,485,704
5,843,731	AL Candelaria Spain SA	7.50	%	12/15/2028	5,774,899
1,011,000	Algonquin Power & Utilities Corp.	5.37	%(d)	06/15/2026	1,016,687
6,033,000	Avolon Holdings Funding Ltd.	2.13	%(a)	02/21/2026	5,838,195
6,285,000	BAE Systems PLC	5.00	%(a)	03/26/2027	6,314,204
400,000	Banco Bilbao Vizcaya Argentaria Colombia SA	4.88	%	04/21/2025	399,093
2,300,000	Banco BTG Pactual SA/Cayman Islands	4.50	%	01/10/2025	2,294,122
5,500,000	Banco Continental SAECA	2.75	%	12/10/2025	5,321,368
2,850,000	Banco Continental SAECA	2.75	%(a)	12/10/2025	2,757,436
6,000,000	Banco de Bogota SA	6.25	%	05/12/2026	6,003,137
9,150,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)	3.25	%(a)	09/30/2031	8,676,265
1,800,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)	3.25	%	09/30/2031	1,706,806
6,250,000	Banco Industrial SA/Guatemala  (5 yr. CMT Rate + 4.44%)	4.88	%	01/29/2031	6,134,375
9,000,000	Banco Internacional del Peru SAA Interbank  (5 yr. CMT Rate + 3.71%)	4.00	%	07/08/2030	8,888,800
4,400,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand  (5 yr. CMT Rate + 3.00%)	7.53	%	10/01/2028	4,593,661
2,600,000	Banco Santander SA  (1 yr. CMT Rate + 0.95%)	5.37	%	07/15/2028	2,618,602
1,890,000	Bank of Ireland Group PLC  (SOFR + 1.62%)	5.60	%(a)	03/20/2030	1,908,781
5,170,000	Bank of Montreal  (SOFR + 1.25%)	4.64	%	09/10/2030	5,071,189
3,852,000	Barclays PLC  (SOFR + 1.34%)	4.84	%	09/10/2028	3,829,668
251,000	BAT Capital Corp.	4.91	%	04/02/2030	248,049
3,484,000	BAT International Finance PLC	1.67	%	03/25/2026	3,353,549
1,000,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 2.65%)	5.13	%	01/18/2033	930,967
6,400,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 4.31%)	5.88	%	09/13/2034	6,077,911
800,000	Bharti Airtel Ltd.	4.38	%	06/10/2025	796,952
2,576,000	BMW US Capital LLC  (SOFR + 0.62%)	5.16	%(a)	08/11/2025	2,581,746
251,000	BMW US Capital LLC	4.65	%(a)	08/13/2029	246,511
5,185,000	BPCE SA	2.38	%(a)	01/14/2025	5,180,766
200,000	BRF GmbH	4.35	%	09/29/2026	195,952
4,965,000	CaixaBank SA  (SOFR + 2.70%)	6.21	%(a)	01/18/2029	5,088,999
1,100,000	Camposol SA	6.00	%	02/03/2027	1,057,941
3,065,000	Canadian Imperial Bank of Commerce	3.95	%	08/04/2025	3,053,721
6,550,000	Cemex SAB de CV  (5 yr. CMT Rate + 4.53%)	5.13	%(e)	06/08/2026	6,421,317
4,500,000	Cemex SAB de CV	5.45	%	11/19/2029	4,442,171
1,600,000	Cencosud SA	4.38	%	07/17/2027	1,564,494
11,659,529	Chile Electricity PEC SpA	0.00	%(a)	01/25/2028	9,828,983
4,600,000	Cia de Minas Buenaventura SAA	5.50	%	07/23/2026	4,599,653
5,205,000	Commonwealth Bank of Australia  (SOFR + 0.40%)	5.08	%(a)	07/07/2025	5,209,498
8,100,000	Cosan Luxembourg SA	7.00	%	01/20/2027	8,084,490
3,556,000	Credit Agricole SA  (SOFR + 1.21%)	4.63	%(a)	09/11/2028	3,513,273
250,000	Credit Agricole SA  (SOFR + 1.21%)	5.70	%(a)	09/11/2028	251,695

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
13,500,000	Danske Bank AS  (1 yr. CMT Rate + 2.10%)	6.47	%(a)	01/09/2026	13,502,947
10,300,000	DBS Group Holdings Ltd.  (5 yr. CMT Rate + 1.10%)	1.82	%	03/10/2031	9,917,009
654,400	Digicel Group Holdings Ltd.	0.00	%(a)(c)	12/31/2030	116,252
192,410	Digicel Group Holdings Ltd.	0.00	%(a)(c)	12/31/2030	4,441
1,579	Digicel Group Holdings Ltd.	0.00	%(a)(c)	12/31/2030	1,574
5,328,000	Element Fleet Management Corp.	6.32	%(a)	12/04/2028	5,555,554
1,485,800	Empresa Electrica Angamos SA	4.88	%	05/25/2029	1,350,652
2,133,975	Empresa Electrica Cochrane SpA	5.50	%	05/14/2027	2,067,320
4,200,000	Empresas Publicas de Medellin ESP	4.25	%	07/18/2029	3,757,213
2,994,000	Enel Finance International NV	5.13	%(a)	06/26/2029	2,992,275
400,000	Energuate Trust	5.88	%	05/03/2027	391,732
8,317,647	Fenix Power Peru SA	4.32	%	09/20/2027	8,094,192
1,350,000	Freeport Indonesia PT	4.76	%(a)	04/14/2027	1,338,404
5,700,000	Freeport Indonesia PT	4.76	%	04/14/2027	5,651,037
5,950,000	Freeport-McMoRan, Inc.	5.00	%	09/01/2027	5,953,127
517,000	Freeport-McMoRan, Inc.	4.25	%	03/01/2030	491,752
1,447,140	Galaxy Pipeline Assets Bidco Ltd.	1.75	%	09/30/2027	1,374,901
5,115,000	Glencore Funding LLC	4.00	%(a)	04/16/2025	5,102,224
4,403,000	Glencore Funding LLC  (SOFR + 1.06%)	5.75	%(a)	04/04/2027	4,419,776
3,779,000	Global Bank Corp.  (3 mo. LIBOR US + 3.30%)	5.25	%(f)	04/16/2029	3,558,987
4,118,800	GNL Quintero SA	4.63	%	07/31/2029	4,065,867
2,200,000	Gold Fields Orogen Holdings BVI Ltd.	6.13	%	05/15/2029	2,229,276
3,615,000	Grupo de Inversiones Suramericana SA	5.50	%	04/29/2026	3,572,744
7,587,175	Guara Norte Sarl	5.20	%	06/15/2034	6,931,424
2,270,000	Holcim Finance US LLC	3.50	%(a)	09/22/2026	2,219,805
300,000	HSBC Holdings PLC  (SOFR + 3.03%)	7.34	%	11/03/2026	305,892
320,000	HSBC Holdings PLC  (SOFR + 1.04%)	5.57	%	11/19/2028	321,825
669,288	Hunt Oil Co. of Peru LLC Sucursal Del Peru	6.38	%(a)	06/01/2028	674,003
2,500,000	Industrias Penoles SAB de CV	4.15	%	09/12/2029	2,350,347
1,000,000	InRetail Consumer	3.25	%	03/22/2028	918,372
4,500,000	InRetail Shopping Malls	5.75	%	04/03/2028	4,456,194
2,168,000	Intercorp Financial Services, Inc.	4.13	%	10/19/2027	2,075,330
239,972	Interoceanica IV Finance Ltd. Series 2007	0.00	%(c)	11/30/2025	230,973
500,000	JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl	2.50	%	01/15/2027	475,234
2,470,625	JSW Hydro Energy Ltd.	4.13	%	05/18/2031	2,231,033
7,500,000	KUO SAB De CV	5.75	%	07/07/2027	7,294,121
164,208	Lima Metro Line 2 Finance Ltd.	4.35	%	04/05/2036	150,981
316,000	LYB Finance Co. BV	8.10	%(a)	03/15/2027	333,656
6,019,000	Marex Group PLC	6.40	%	11/04/2029	6,082,722
3,500,000	Medco Oak Tree Pte Ltd.	7.38	%	05/14/2026	3,566,175
300,000	MEGlobal BV	4.25	%	11/03/2026	293,571
200,000	MEGlobal Canada ULC	5.00	%	05/18/2025	199,682
3,800,000	MEGlobal Canada ULC	5.00	%(a)	05/18/2025	3,793,958
855,000	Mercedes-Benz Finance North America LLC	4.75	%(a)	08/01/2027	853,914
1,580,000	Mercedes-Benz Finance North America LLC	5.25	%(a)	11/29/2027	1,593,964
1,700,000	Mercedes-Benz Finance North America LLC	3.75	%(a)	02/22/2028	1,640,311
7,054,318	Mexico Generadora de Energia S de RL	5.50	%	12/06/2032	6,839,866
5,400,000	Millicom International Cellular SA	5.13	%	01/15/2028	5,207,507
2,391,300	Millicom International Cellular SA	6.25	%	03/25/2029	2,354,570
4,300,000	Minerva Luxembourg SA	5.88	%	01/19/2028	4,236,998
6,781,000	Mitsubishi UFJ Financial Group, Inc.	3.78	%	03/02/2025	6,767,497
2,835,000	Mizuho Financial Group, Inc.  (SOFR + 0.96%)	5.49	%	05/22/2026	2,841,937
1,334,289	Mong Duong Finance Holdings BV	5.13	%	05/07/2029	1,283,491
2,800,000	Multibank, Inc.	7.75	%	02/03/2028	2,840,698
6,167,220	MV24 Capital BV	6.75	%	06/01/2034	5,853,421
835,000	National Bank of Canada	4.50	%	10/10/2029	812,396

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
460,000	Nationwide Building Society  (SOFR + 1.91%)	6.56	%(a)	10/18/2027	472,160
5,143,000	NatWest Group PLC  (1 yr. CMT Rate + 1.22%)	4.96	%	08/15/2030	5,067,851
2,600,000	NBM US Holdings, Inc.	7.00	%	05/14/2026	2,602,495
3,500,000	Network i2i Ltd.  (5 yr. CMT Rate + 4.27%)	5.65	%(e)	01/15/2025	3,508,232
1,257,000	Nexa Resources SA	5.38	%	05/04/2027	1,245,381
4,035,000	Nutrien Ltd.	4.90	%	03/27/2028	4,035,098
5,400,000	Orazul Energy Peru SA	5.63	%	04/28/2027	5,267,808
6,900,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)	1.83	%(a)	09/10/2030	6,740,080
4,159,974	Prumo Participacoes e Investimentos S/A	7.50	%	12/31/2031	4,135,515
2,606,000	Royal Bank of Canada  (SOFR + 0.53%)	5.15	%	01/20/2026	2,610,446
4,300,000	Sociedad Quimica y Minera de Chile SA	4.38	%	01/28/2025	4,301,231
2,589,000	South Bow USA Infrastructure Holdings LLC	4.91	%(a)	09/01/2027	2,581,131
2,000,000	Suzano International Finance BV	4.00	%	01/14/2025	1,996,396
3,500,000	Telefonica Celular del Paraguay SA	5.88	%	04/15/2027	3,472,332
877,000	TransCanada PipeLines Ltd.	4.88	%	01/15/2026	877,234
2,080,000	Transportadora de Gas del Peru SA	4.25	%	04/30/2028	2,039,881
1,570,000	UBS Group AG  (1 yr. CMT Rate + 1.60%)	6.33	%(a)	12/22/2027	1,611,254
7,600,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.52%)	1.75	%	03/16/2031	7,307,851
3,200,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.23%)	2.00	%	10/14/2031	3,033,887
5,206,000	Videotron Ltd.	5.13	%(a)	04/15/2027	5,198,517
560,000	Volkswagen Group of America Finance LLC	6.00	%(a)	11/16/2026	568,997
4,910,000	Volkswagen Group of America Finance LLC	4.35	%(a)	06/08/2027	4,811,400
12,305,000	Volkswagen Group of America Finance LLC	5.25	%(a)	03/22/2029	12,177,552
3,858,000	Westpac Banking Corp.  (SOFR + 0.72%)	5.25	%	11/17/2025	3,870,877
	Total Foreign Corporate Bonds (Cost $436,285,414)				434,358,151
FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.3%
7,486,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)	2.72	%	08/11/2031	6,901,925
4,600,000	Bank Negara Indonesia Persero Tbk PT	3.75	%	03/30/2026	4,492,781
5,046,855	Bioceanico Sovereign Certificate Ltd.	0.00	%	06/05/2034	3,901,219
3,700,000	Colombia Government International Bond	4.50	%	01/28/2026	3,662,075
2,100,000	Comision Federal de Electricidad	4.69	%	05/15/2029	1,973,594
5,300,000	Comision Federal de Electricidad	5.70	%(a)	01/24/2030	5,091,975
6,000,000	Dominican Republic International Bond	5.50	%	02/22/2029	5,824,500
6,000,000	Guatemala Government Bond	4.50	%	05/03/2026	5,892,000
1,500,000	Guatemala Government Bond	5.25	%	08/10/2029	1,444,875
7,000,000	Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT	4.75	%	05/15/2025	6,987,879
2,564,575	Lima Metro Line 2 Finance Ltd.	5.88	%	07/05/2034	2,560,074
1,000,000	Oleoducto Central SA	4.00	%	07/14/2027	946,510
500,000	Paraguay Government International Bond	5.00	%	04/15/2026	497,250
6,100,000	Paraguay Government International Bond	4.70	%	03/27/2027	5,999,350
6,000,000	Pertamina Persero PT	1.40	%	02/09/2026	5,751,079
800,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara	4.13	%	05/15/2027	782,351
2,000,000	Petrobras Global Finance BV	7.38	%	01/17/2027	2,058,282
5,500,000	Petrobras Global Finance BV	6.00	%	01/27/2028	5,497,910
1,800,000	Republic of South Africa Government International Bond	4.88	%	04/14/2026	1,779,768
6,400,000	TNB Global Ventures Capital Bhd	3.24	%	10/19/2026	6,224,578
	Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $78,787,795)				78,269,975

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.7%
	280 Park Avenue Mortgage Trust
9,530,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)	5.66	%(a)	09/15/2034	9,464,766
	ACREC Trust
10,608,117	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)	5.64	%(a)	10/16/2036	10,622,926
	Arbor Multifamily Mortgage Securities Trust
14,340,000	Series 2021-MF2-A2	2.02	%(a)	06/15/2054	13,683,371
105,976	Series 2021-MF3-A1	1.07	%(a)	10/15/2054	102,586
	Arbor Realty Trust, Inc.
5,000,000	Series 2021-FL1-AS (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.71	%(a)	12/15/2035	4,989,065
10,028,633	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)	5.86	%(a)	11/15/2036	10,065,178
13,004,741	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)	6.05	%(a)	01/15/2037	13,021,517
14,267,299	Series 2022-FL2-A (1 mo. Term SOFR + 1.85%, 1.85% Floor)	6.25	%(a)	05/15/2037	14,297,061
	AREIT Trust
5,199,911	Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor)	5.85	%(a)	01/20/2037	5,201,560
	Ares Commercial Real Estate Corp.
1,367,147	Series 2021-FL4-AS (1 mo. Term SOFR + 1.21%, 1.10% Floor)	5.59	%(a)	12/18/2037	1,345,531
	Banc of America Merrill Lynch Commercial Mortgage, Inc.
30,065,343	Series 2016-UB10-XA	1.72	%(b)(g)	07/15/2049	377,458
	Banc of America Re-Remic Trust
2,950,000	Series 2015-200P-A	3.22	%(a)	04/14/2033	2,925,601
	BANK
65,676,608	Series 2017-BNK5-XA	0.94	%(b)(g)	06/15/2060	1,230,510
79,093,598	Series 2017-BNK6-XA	0.78	%(b)(g)	07/15/2060	1,253,104
21,055,877	Series 2019-BN20-XA	0.81	%(b)(g)	09/15/2062	654,368
188,421,997	Series 2020-BN26-XA	1.20	%(b)(g)	03/15/2063	8,953,041
3,021,000	Series 2021-BN34-ASB	2.19	%	06/15/2063	2,718,818
2,245,455	Series 2024-BNK48-A1	4.33	%	10/15/2057	2,218,418
	BANK5 Trust
3,420,536	Series 2023-5YR2-A1	6.20	%	07/15/2056	3,484,412
3,168,127	Series 2024-5YR8-A1	5.19	%	08/15/2057	3,186,254
	BBCMS Trust
77,046,712	Series 2017-C1-XA	1.44	%(b)(g)	02/15/2050	1,782,707
17,989,000	Series 2018-TALL-A (1 mo. Term SOFR + 0.92%, 0.87% Floor)	5.32	%(a)	03/15/2037	17,051,975
116,667,624	Series 2020-C6-XA	1.04	%(b)(g)	02/15/2053	4,629,768
59,000,000	Series 2020-C6-XB	0.67	%(b)(g)	02/15/2053	1,922,798
294,065	Series 2023-C19-A1	5.70	%	04/15/2056	296,712
1,549,781	Series 2023-C22-A1	6.36	%	11/15/2056	1,593,537
651,000	Series 2024-5C31-A1	4.88	%	12/15/2057	649,741
	BDS Ltd.
573,591	Series 2021-FL7-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)	5.56	%(a)	06/16/2036	574,044
14,000,000	Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor)	5.94	%(a)	09/19/2039	14,083,636
	Benchmark Mortgage Trust
81,809,802	Series 2018-B1-XA	0.53	%(b)(g)	01/15/2051	1,068,510
171,505,586	Series 2020-B16-XA	0.92	%(b)(g)	02/15/2053	6,099,596
35,720,000	Series 2020-IG1-XB	0.13	%(b)(g)	09/15/2043	262,435
130,412	Series 2022-B32-A1	1.81	%	01/15/2055	126,054
1,930,462	Series 2023-B39-A1	6.04	%	07/15/2056	1,957,489
1,173,628	Series 2023-V2-A1	5.85	%	05/15/2055	1,182,657
1,094,830	Series 2024-V8-A1	5.51	%	07/15/2057	1,106,376
	Blackstone Mortgage Trust, Inc.
19,256,970	Series 2021-FL4-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)	5.55	%(a)	05/15/2038	18,778,145
	BMO Mortgage Trust
1,423,276	Series 2023-C4-A1	5.29	%	02/15/2056	1,429,129
2,033,048	Series 2023-C5-A1	5.74	%	06/15/2056	2,051,766
911,836	Series 2024-5C4-A1	6.02	%	05/15/2057	929,787
1,010,385	Series 2024-5C6-A1	4.59	%	09/15/2057	1,001,742
1,316,872	Series 2024-C10-A1	4.90	%	11/15/2057	1,313,877

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	BPR Trust
9,829,000	Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)	5.56	%(a)	09/15/2038	9,798,391
	BrightSpire Capital, Inc.
12,458,123	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)	5.63	%(a)	08/19/2038	12,419,790
6,000,000	Series 2021-FL1-AS (1 mo. Term SOFR + 1.71%, 1.60% Floor)	6.08	%(a)	08/19/2038	5,962,842
11,380,000	Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor)	6.31	%(a)	08/19/2037	11,402,123
	BSPRT Co.-Issuer LLC
7,011,294	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)	5.61	%(a)	03/15/2036	7,004,942
14,000,000	Series 2023-FL10-A (1 mo. Term SOFR + 2.26%, 2.26% Floor)	6.66	%(a)	09/15/2035	14,081,382
5,000,000	Series 2023-FL10-AS (1 mo. Term SOFR + 2.86%, 2.86% Floor)	7.26	%(a)	09/15/2035	5,048,500
	BX Trust
9,500,000	Series 2018-GW-A (1 mo. Term SOFR + 1.10%, 0.80% Floor)	5.50	%(a)	05/15/2035	9,500,515
3,908,430	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)	5.24	%(a)	10/15/2036	3,888,373
7,967,000	Series 2021-ARIA-B (1 mo. Term SOFR + 1.41%, 1.30% Floor)	5.81	%(a)	10/15/2036	7,949,860
3,000,000	Series 2021-LGCY-B (1 mo. Term SOFR + 0.97%, 0.86% Floor)	5.37	%(a)	10/15/2036	2,979,269
1,007,736	Series 2021-MFM1-A (1 mo. Term SOFR + 0.81%, 0.70% Floor)	5.21	%(a)	01/15/2034	1,007,334
8,786,585	Series 2021-MFM1-B (1 mo. Term SOFR + 1.06%, 0.95% Floor)	5.46	%(a)	01/15/2034	8,778,213
7,752,000	Series 2021-VIEW-A (1 mo. Term SOFR + 1.39%, 1.28% Floor)	5.79	%(a)	06/15/2036	7,718,841
7,316,000	Series 2021-VOLT-B (1 mo. Term SOFR + 1.06%, 0.95% Floor)	5.46	%(a)	09/15/2036	7,292,373
9,668,835	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)	5.20	%(a)	10/15/2038	9,662,246
1,982,482	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)	6.85	%(a)	08/15/2039	1,994,234
9,490,000	Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor)	5.80	%(a)	12/15/2039	9,506,095
2,358,000	Series 2024-VLT4-A (1 mo. Term SOFR + 1.49%, 1.49% Floor)	5.89	%(a)	07/15/2029	2,370,801
	BXMT Ltd.
296,998	Series 2020-FL2-A (1 mo. Term SOFR + 1.01%, 1.01% Floor)	5.40	%(a)	02/15/2038	292,938
	Cantor Commercial Real Estate Lending LP
401,933	Series 2019-CF1-A2	3.62	%	05/15/2052	380,307
	CFCRE Commercial Mortgage Trust
42,452,000	Series 2017-C8-XB	0.89	%(b)(g)	06/15/2050	819,150
	CFK Trust
116,365,000	Series 2020-MF2-X	0.77	%(a)(b)(g)	03/15/2039	1,599,402
	Citigroup Commercial Mortgage Trust
3,099,807	Series 2015-P1-A4	3.46	%	09/15/2048	3,086,190
29,504,953	Series 2016-GC36-XA	1.20	%(b)(g)	02/10/2049	238,341
7,054,738	Series 2016-P3-A3	3.06	%	04/15/2049	6,961,732
50,253,860	Series 2016-P3-XA	1.65	%(b)(g)	04/15/2049	497,111
6,330,745	Series 2017-P7-A3	3.44	%	04/14/2050	6,144,767
	Citigroup/Deutsche Bank Commercial Mortgage Trust
1,007,315	Series 2016-C3-A4	2.63	%	08/10/2049	977,833
700,000	Series 2016-C3-A5	2.89	%	08/10/2049	677,212
20,068,353	Series 2017-CD4-XA	1.22	%(b)(g)	05/10/2050	432,736
	Commercial Mortgage Pass Through Certificates
7,429,149	Series 2013-CR12-XA	0.58	%(b)(g)	10/10/2046	74
130,848,164	Series 2015-CR25-XA	0.78	%(b)(g)	08/10/2048	242,200
4,616,986	Series 2015-DC1-A5	3.35	%	02/10/2048	4,609,773
1,009,319	Series 2016-COR1-A3	2.83	%	10/10/2049	976,768
500,000	Series 2016-COR1-A4	3.09	%	10/10/2049	482,410
8,000,000	Series 2018-HCLV-A (1 mo. Term SOFR + 1.30%, 1.00% Floor)	5.69	%(a)	09/15/2033	7,354,718
	Commercial Mortgage Trust
106,142	Series 2021-PF1-A1	1.12	%	11/15/2054	102,480
	Computershare Corporate Trust
23,099,504	Series 2015-LC22-XA	0.73	%(b)(g)	09/15/2058	62,142
4,899,004	Series 2019-C50-A4	3.47	%	05/15/2052	4,652,849
154,898,407	Series 2019-C51-XA	1.26	%(b)(g)	06/15/2052	7,125,001

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
11,785,763	Series 2021-C60-A2	2.04	%	08/15/2054	11,229,902
3,201,089	Series 2021-SAVE-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)	5.66	%(a)	02/15/2040	3,206,121
895,524	Series 2024-C63-A1	4.89	%	08/15/2057	894,112
	CSAIL Commercial Mortgage Trust
1,540,477	Series 2015-C3-A3	3.45	%	08/15/2048	1,533,348
86,274,043	Series 2017-C8-XA	1.06	%(b)(g)	06/15/2050	1,687,632
2,913,343	Series 2017-CX9-A4	3.18	%	09/15/2050	2,811,688
9,774,275	Series 2017-CX9-XA	0.60	%(b)(g)	09/15/2050	95,381
	Del Amo Fashion Center Trust
6,850,000	Series 2017-AMO-A	3.64	%(a)(b)	06/05/2035	6,447,845
	EQUS Mortgage Trust
13,292,734	Series 2021-EQAZ-A (1 mo. Term SOFR + 1.02%, 0.76% Floor)	5.42	%(a)	10/15/2038	13,286,309
	Extended Stay America Trust
9,318,766	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)	5.59	%(a)	07/15/2038	9,331,001
	Franklin BSP Realty Trust, Inc.
5,096,028	Series 2021-FL7-A (1 mo. Term SOFR + 1.43%, 1.43% Floor)	5.83	%(a)	12/15/2038	5,098,765
6,979,867	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)	6.10	%(a)	02/15/2037	6,967,919
	FS Rialto
1,255,641	Series 2019-FL1-AS (1 mo. Term SOFR + 1.56%, 1.45% Floor)	5.96	%(a)	12/16/2036	1,259,114
2,880,000	Series 2019-FL1-B (1 mo. Term SOFR + 2.01%, 1.90% Floor)	6.41	%(a)	12/16/2036	2,876,100
14,771,343	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)	5.73	%(a)	05/16/2038	14,769,201
6,449,905	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)	5.76	%(a)	11/16/2036	6,453,698
	Granite Point Mortgage Trust, Inc.
9,092,011	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)	5.74	%(a)	07/16/2035	9,008,901
8,115,233	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor)	5.82	%(a)	12/15/2036	8,031,873
	Great Wolf Trust
4,500,000	Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%)	6.09	%(a)	05/15/2041	4,523,774
13,500,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)	5.94	%(a)	03/15/2039	13,539,933
	Greystone Commercial Real Estate Notes
11,992,330	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)	5.53	%(a)	07/15/2039	11,994,332
	GS Mortgage Securities Corp. II
1,611,130	Series 2013-GC13-AS	3.87	%(a)(b)	07/10/2046	1,552,324
103,668,473	Series 2017-GS6-XA	1.00	%(b)(g)	05/10/2050	1,870,221
124,805,974	Series 2017-GS7-XA	1.07	%(b)(g)	08/10/2050	2,592,919
133,683,553	Series 2017-GS8-XA	0.93	%(b)(g)	11/10/2050	2,721,824
2,615,000	Series 2018-TWR-A (1 mo. Term SOFR + 1.20%, 0.90% Floor)	5.60	%(a)	07/15/2031	2,198,391
50,785,260	Series 2019-GC42-XA	0.81	%(b)(g)	09/10/2052	1,523,548
600,000	Series 2021-ARDN-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)	6.16	%(a)	11/15/2036	599,258
9,296,000	Series 2021-IP-A (1 mo. Term SOFR + 1.06%, 0.95% Floor)	5.46	%(a)	10/15/2036	9,239,071
1,225,000	Series 2021-STAR-A (1 mo. Term SOFR + 1.06%, 0.95% Floor)	5.47	%(a)	12/15/2036	1,222,185
6,615,000	Series 2023-SHIP-A	4.32	%(a)(b)	09/10/2038	6,531,739
	HERA Commercial Mortgage
366,413	Series 2021-FL1-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)	5.54	%(a)	02/18/2038	363,774
	HGI CRE CLO Ltd.
955,480	Series 2021-FL1-A (1 mo. Term SOFR + 1.16%, 1.16% Floor)	5.56	%(a)	06/16/2036	955,604
	HIG RCP LLC
13,861,400	Series 2023-FL1-AS (1 mo. Term SOFR + 3.11%, 3.11% Floor)	7.51	%(a)	09/19/2038	14,022,123
	JP Morgan Chase Commercial Mortgage Securities
54,795,595	Series 2016-JP4-XA	0.57	%(b)(g)	12/15/2049	427,986
1,141,000	Series 2019-COR5-A3	3.12	%	06/13/2052	1,054,042
24,109,559	Series 2019-COR5-XA	1.45	%(b)(g)	06/13/2052	1,126,519
	JPMBB Commercial Mortgage Securities Trust
1,855,127	Series 2015-C27-A4	3.18	%	02/15/2048	1,848,735
1,164,263	Series 2015-C30-A4	3.55	%	07/15/2048	1,158,225
48,057,648	Series 2015-C32-XA	1.09	%(b)(g)	11/15/2048	124,729
8,970,000	Series 2015-C33-AS	4.02	%	12/15/2048	8,827,384
425,336	Series 2016-C1-A5	3.58	%	03/17/2049	419,213

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	KREF
10,300,830	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)	5.57	%(a)	02/15/2039	10,287,285
5,550,000	Series 2021-FL2-AS (1 mo. Term SOFR + 1.41%, 1.30% Floor)	5.80	%(a)	02/15/2039	5,478,288
11,380,000	Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)	6.15	%(a)	02/15/2039	11,195,769
16,178,595	Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor)	5.82	%(a)	02/17/2039	16,173,240
	Ladder Capital Commercial Mortgage Securities LLC
746,971	Series 2017-LC26-A3	3.29	%(a)	07/12/2050	719,120
1,318,980	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.31% Floor)	5.71	%(a)	12/13/2038	1,319,974
5,386,615	Series 2021-FL3-A (1 mo. Term SOFR + 1.56%, 1.56% Floor)	5.96	%(a)	11/15/2038	5,401,159
	LoanCore
5,775,853	Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor)	5.81	%(a)	07/15/2036	5,780,115
9,243,317	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)	5.81	%(a)	11/15/2038	9,245,729
9,265,314	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)	6.15	%(a)	01/17/2037	9,283,975
	LSTAR Commercial Mortgage Trust
47,305,230	Series 2017-5-X	0.84	%(a)(b)(g)	03/10/2050	619,694
	Lument Finance Trust, Inc.
7,621,763	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)	5.68	%(a)	06/15/2039	7,638,287
	Merit 2020
5,302,858	Series 2022-MHIL-A (1 mo. Term SOFR + 0.81%, 0.82% Floor)	5.21	%(a)	01/15/2027	5,292,029
	MF1 Multifamily Housing Mortgage Loan Trust
575,347	Series 2021-FL5-A (1 mo. Term SOFR + 0.96%, 0.96% Floor)	5.35	%(a)	07/15/2036	576,674
10,343,000	Series 2021-FL5-AS (1 mo. Term SOFR + 1.31%, 1.31% Floor)	5.70	%(a)	07/15/2036	10,342,690
6,806,353	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)	5.59	%(a)	07/16/2036	6,791,270
3,008,160	Series 2021-FL7-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)	5.57	%(a)	10/16/2036	3,002,159
9,103,000	Series 2021-FL7-AS (1 mo. Term SOFR + 1.56%, 1.45% Floor)	5.94	%(a)	10/16/2036	9,027,837
2,000,000	Series 2022-FL10-AS (1 mo. Term SOFR + 3.19%, 3.19% Floor)	7.55	%(a)	09/17/2037	2,008,104
8,729,524	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)	5.72	%(a)	02/19/2037	8,738,764
12,094,086	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)	6.52	%(a)	06/19/2037	12,116,340
8,290,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)	6.06	%(a)	08/18/2041	8,320,499
	MHC Commercial Mortgage Trust
1,256,625	Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor)	5.31	%(a)	04/15/2038	1,256,217
1,800,000	Series 2021-MHC-B (1 mo. Term SOFR + 1.22%, 1.10% Floor)	5.61	%(a)	04/15/2038	1,797,954
	Morgan Stanley ABS Capital I, Inc.
13,390,719	Series 2021-ILP-A (1 mo. Term SOFR + 0.89%, 0.78% Floor)	5.29	%(a)	11/15/2036	13,357,806
6,924,146	Series 2024-NSTB-A	3.90	%(a)(b)	09/24/2057	6,688,610
	Morgan Stanley Bank of America Merrill Lynch Trust
2,425,000	Series 2015-C23-AS	4.00	%(b)	07/15/2050	2,403,175
157,646	Series 2015-C26-A3	3.21	%	10/15/2048	157,318
	Morgan Stanley Capital I, Inc.
39,284	Series 2006-HQ10-X1	0.62	%(a)(b)(g)	11/12/2041	—
55,063,385	Series 2017-H1-XA	1.30	%(b)(g)	06/15/2050	1,096,543
7,895,000	Series 2019-PLND-D (1 mo. Term SOFR + 1.86%, 1.75% Floor)	6.26	%(a)	05/15/2036	418,804
226,271	Series 2021-L5-A1	0.79	%	05/15/2054	220,111
14,364,249	Series 2021-L6-A2	2.13	%(b)	06/15/2054	13,219,229
	Ready Capital Corp.
572,772	Series 2021-FL6-A (1 mo. Term SOFR + 1.06%, 0.95% Floor)	5.40	%(a)	07/25/2036	572,235
3,527,492	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.65	%(a)	11/25/2036	3,542,004
4,900,000	Series 2023-FL12-AS (1 mo. Term SOFR + 3.20%, 3.20% Floor)	7.54	%(a)	05/25/2038	4,941,469
	Rialto Real Estate Fund LP
9,000,000	Series 2022-FL8-A (1 mo. Term SOFR + 2.25%, 2.25% Floor)	6.65	%(a)	01/19/2037	9,013,428
	SREIT Trust
9,652,833	Series 2021-MFP-A (1 mo. Term SOFR + 0.85%, 0.73% Floor)	5.24	%(a)	11/15/2038	9,647,707

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
1,767,500	Series 2021-MFP2-B (1 mo. Term SOFR + 1.29%, 1.17% Floor)	5.68	%(a)	11/15/2036	1,764,750
	Starwood Property Mortgage Trust
270,981	Series 2019-FL1-AS (1 mo. Term SOFR + 1.51%, 1.51% Floor)	5.91	%(a)	07/15/2038	269,111
8,641,812	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.69	%(a)	04/18/2038	8,612,154
12,475,433	Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor)	5.95	%(a)	11/15/2038	12,457,743
	STWD Trust
9,380,000	Series 2021-FLWR-B (1 mo. Term SOFR + 1.04%, 0.93% Floor)	5.44	%(a)	07/15/2036	9,372,125
	TPG Real Estate Finance Issuer Ltd.
9,837,571	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.70	%(a)	03/15/2038	9,835,191
8,082,332	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)	6.03	%(a)	02/15/2039	8,069,198
12,289,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)	6.53	%(a)	02/15/2039	12,231,586
	TTAN
4,168,990	Series 2021-MHC-A (1 mo. Term SOFR + 0.96%, 0.85% Floor)	5.36	%(a)	03/15/2038	4,170,093
	UBS Commercial Mortgage Trust
45,750,775	Series 2017-C1-XA	1.47	%(b)(g)	06/15/2050	1,190,220
75,090	Series 2017-C2-ASB	3.26	%	08/15/2050	73,910
83,759,751	Series 2017-C3-XA	1.10	%(b)(g)	08/15/2050	1,621,547
407,323	Series 2018-C11-A3	4.31	%	06/15/2051	403,411
391,905	Series 2018-C13-A3	4.07	%	10/15/2051	383,355
92,905,280	Series 2018-C8-XA	0.81	%(b)(g)	02/15/2051	2,003,224
	VEGAS Trust
7,018,000	Series 2024-TI-A	5.52	%(a)	11/10/2039	7,041,036
	VMC Finance LLC
340,575	Series 2022-FL5-A (30 day avg SOFR US + 1.90%, 1.90% Floor)	6.50	%(a)	02/18/2039	341,082
	Wells Fargo Commercial Mortgage Trust
2,247,265	Series 2024-5C1-A1	5.23	%	07/15/2057	2,257,510
2,683,210	Series 2024-5C2-A1	5.05	%	11/15/2057	2,682,161
	Total Non-Agency Commercial Mortgage Backed Obligations (Cost $993,176,183)				873,668,065
NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 12.9%
	Angel Oak Mortgage Trust LLC
13,810,444	Series 2021-7-A1	1.98	%(a)(b)	10/25/2066	11,694,993
	Arroyo Mortgage Trust
4,159,293	Series 2019-3-A2	3.21	%(a)(b)	10/25/2048	3,913,189
2,247,887	Series 2019-3-A3	3.42	%(a)(b)	10/25/2048	2,118,926
	Banc of America Mortgage Securities, Inc.
280,212	Series 2005-E-2A1	5.60	%(b)	06/25/2035	243,261
	BCAP LLC Trust
508,315	Series 2011-RR1-8A3	5.28	%(a)(b)	09/30/2056	385,247
	Bear Stearns Asset Backed Securities Trust
155,395	Series 2004-AC2-2A	5.00	%	05/25/2034	127,953
	BRAVO Residential Funding Trust
2,847,230	Series 2020-RPL1-A1	2.50	%(a)(b)	05/26/2059	2,775,581
6,294,242	Series 2022-RPL1-A1	2.75	%(a)(b)	09/25/2061	5,690,277
	Carrington Mortgage Loan Trust
1,606,705	Series 2006-NC3-A3 (1 mo. Term SOFR + 0.26%, 0.15% Floor, 12.50% Cap)	4.60	%	08/25/2036	1,553,480
	Chase Funding Mortgage Loan Asset-Backed Certificates
1,493,579	Series 2004-2-1A5	6.20	%(d)	02/26/2035	1,482,314
	Citigroup Mortgage Loan Trust, Inc.
274,412	Series 2006-AR1-2A1 (1 yr. CMT Rate + 2.40%, 2.40% Floor, 9.87% Cap)	6.30	%	03/25/2036	268,407
1,576,490	Series 2020-EXP1-A1A	1.80	%(a)(b)	05/25/2060	1,447,720
	COLT Funding LLC
4,649,572	Series 2021-1R-A1	0.86	%(a)(b)	05/25/2065	3,980,723
4,469,999	Series 2021-5-A1	1.73	%(a)(b)	11/26/2066	3,928,987
13,180,881	Series 2021-RPL1-A1	1.67	%(a)(b)	09/25/2061	11,841,870

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
2,724,025	Series 2023-2-A1	6.60	%(a)(d)	07/25/2068	2,749,567
	Countrywide Home Loan Mortgage Pass Through Trust
240,112	Series 2004-HYB9-1A1	5.40	%(b)	02/20/2035	241,476
3,256,630	Series 2005-3-1A2 (1 mo. Term SOFR + 0.69%, 0.58% Floor)	5.03	%	04/25/2035	3,058,396
	Credit Suisse Management LLC
26,475	Series 2005-11-5A1	5.25	%	06/25/2026	9,440
	Credit Suisse Mortgage Capital Certificates
1,550,788	Series 2021-NQM1-A2	0.99	%(a)(b)	05/25/2065	1,374,916
2,584,647	Series 2021-NQM1-A3	1.20	%(a)(b)	05/25/2065	2,276,931
6,690,436	Series 2021-NQM5-A3	1.35	%(a)(b)	05/25/2066	5,564,496
4,462,596	Series 2021-RPL4-A1	4.10	%(a)(b)	12/27/2060	4,451,787
16,011,739	Series 2022-NQM1-A1	2.27	%(a)(b)	11/25/2066	14,269,705
2,661,058	Series 2022-NQM5-A1	5.17	%(a)(b)	05/25/2067	2,651,095
7,939,349	Series 2022-RPL4-A1	3.90	%(a)(b)	04/25/2062	7,495,812
	Cross Mortgage Trust
3,851,446	Series 2024-H1-A1	6.09	%(a)(d)	12/25/2068	3,864,268
14,496,964	Series 2024-H5-A1	5.85	%(a)(d)	08/26/2069	14,538,601
	Ellington Financial Mortgage Trust
467,125	Series 2020-1-A1	2.01	%(a)(b)	05/25/2065	461,028
	Fannie Mae Connecticut Avenue Securities
5,479,501	Series 2023-R08-1M1 (30 day avg SOFR US + 1.50%, 0.00% Floor)	6.07	%(a)	10/25/2043	5,508,064
10,994,416	Series 2024-R01-1M1 (30 day avg SOFR US + 1.05%, 1.05% Floor)	5.62	%(a)	01/25/2044	11,009,424
12,457,996	Series 2024-R02-1M1 (30 day avg SOFR US + 1.10%, 1.10% Floor)	5.67	%(a)	02/25/2044	12,477,506
	First Horizon Asset Securities, Inc.
1,666,437	Series 2007-AR2-1A1	7.28	%(b)	08/25/2037	433,217
	FirstKey Homes Trust
6,974,513	Series 2020-SFR2-A	1.27	%(a)	10/19/2037	6,800,348
	Freddie Mac Structured Agency Credit Risk Debt Notes
1,388,782	Series 2022-DNA2-M1A (30 day avg SOFR US + 1.30%, 0.00% Floor)	5.87	%(a)	02/25/2042	1,391,664
19,228,923	Series 2024-DNA1-M1 (30 day avg SOFR US + 1.35%, 0.00% Floor)	5.92	%(a)	02/25/2044	19,270,671
7,799,129	Series 2024-DNA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)	5.77	%(a)	05/25/2044	7,829,560
23,146,302	Series 2024-DNA3-M1 (30 day avg SOFR US + 1.00%, 0.00% Floor)	5.57	%(a)	10/25/2044	23,157,129
19,968,963	Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)	5.77	%(a)	08/25/2044	19,998,485
	GCAT
4,788,562	Series 2022-NQM4-A1	5.27	%(a)(d)	08/25/2067	4,767,095
	GSR Mortgage Loan Trust
2,406,879	Series 2005-9F-2A2	6.00	%	01/25/2036	1,095,936
	HOMES Trust
11,826,749	Series 2023-NQM2-A1	6.46	%(a)(d)	02/25/2068	11,910,807
	Homeward Opportunities Fund I Trust
11,065,287	Series 2022-1-A1	5.08	%(a)(d)	07/25/2067	10,956,559
	JP Morgan Alternative Loan Trust
14,045	Series 2006-S4-A6	6.21	%(d)	12/25/2036	14,170
	JP Morgan Mortgage Trust
5,500,000	Series 2024-NQM1-A1	5.59	%(a)(d)	02/25/2064	5,546,552
	Legacy Mortgage Asset Trust
858,053	Series 2021-GS1-A1	4.89	%(a)(d)	10/25/2066	858,960
9,072,664	Series 2021-GS2-A1	4.75	%(a)(d)	04/25/2061	9,076,469
16,521,543	Series 2021-GS3-A1	4.75	%(a)(d)	07/25/2061	16,513,053
20,973,517	Series 2021-GS4-A1	4.65	%(a)(d)	11/25/2060	20,989,501
656,754	Series 2021-SL1-A	4.99	%(a)(b)	09/25/2060	657,994
	Mastr Adjustable Rate Mortgages Trust
1,729,688	Series 2006-2-2A1	7.27	%(b)	04/25/2036	841,195
	MFRA Trust
8,688,269	Series 2021-NQM2-A1	1.03	%(a)(b)	11/25/2064	7,614,012
1,127,800	Series 2021-NQM2-A2	1.32	%(a)(b)	11/25/2064	990,086
	Mill City Mortgage Trust
439,977	Series 2017-3-A1	2.75	%(a)(b)	01/25/2061	438,200

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	MLCC Mortgage Investors, Inc.
161,718	Series 2005-3-2A	5.66	%(b)	11/25/2035	155,526
	Morgan Stanley Mortgage Loan Trust
7,105	Series 2004-1-1A1	5.00	%	11/25/2033	5,010
	New Residential Mortgage Loan Trust
7,470,573	Series 2024-NQM1-A1	6.13	%(a)(d)	03/25/2064	7,521,903
	OBX Trust
10,577,794	Series 2024-NQM5-A1	5.99	%(a)(d)	01/25/2064	10,639,415
	Onslow Bay Mortgage Loan Trust
1,003,779	Series 2018-1-A2 (1 mo. Term SOFR + 0.76%, 0.00% Floor)	5.10	%(a)	06/25/2057	987,616
9,056,683	Series 2022-NQM1-A1	2.31	%(a)(b)	11/25/2061	7,951,754
2,390,593	Series 2022-NQM7-A1	5.11	%(a)(d)	08/25/2062	2,382,752
7,315,192	Series 2023-NQM5-A1A	6.57	%(a)(d)	06/25/2063	7,399,644
21,817,565	Series 2024-NQM10-A1	6.18	%(a)(d)	05/25/2064	22,009,808
18,222,831	Series 2024-NQM11-A1	5.88	%(a)(d)	06/25/2064	18,293,510
12,108,346	Series 2024-NQM12-A1	5.48	%(a)(d)	07/25/2064	12,075,870
14,208,841	Series 2024-NQM13-A1	5.12	%(a)	06/25/2064	14,068,695
15,594,016	Series 2024-NQM16-A1	5.53	%(a)(d)	10/25/2064	15,567,943
25,000,000	Series 2024-NQM18-A1	5.41	%(a)(b)	10/25/2064	24,958,003
5,900,000	Series 2024-NQM18-A2	5.66	%(a)(d)	10/25/2064	5,890,139
9,605,843	Series 2024-NQM4-A1	6.07	%(a)(d)	01/25/2064	9,661,787
	Pretium Mortgage Credit Partners LLC
21,217,255	Series 2021-NPL3-A1	4.87	%(a)(d)	07/25/2051	21,204,768
12,173,540	Series 2021-RN1-A1	4.99	%(a)(d)	02/25/2061	12,180,462
4,332,976	Series 2021-RN2-A1	4.74	%(a)(d)	07/25/2051	4,310,860
15,107,998	Series 2021-RN3-A1	4.84	%(a)(d)	09/25/2051	15,038,305
	PRPM LLC
5,759,400	Series 2020-4-A1	6.61	%(a)(d)	10/25/2025	5,766,720
11,907,318	Series 2021-4-A1	4.87	%(a)(d)	04/25/2026	11,890,184
8,708,195	Series 2021-5-A1	4.79	%(a)(d)	06/25/2026	8,675,976
9,918,849	Series 2021-6-A1	4.79	%(a)(d)	07/25/2026	9,909,364
15,000,000	Series 2024-NQM4-A1	5.67	%(a)(d)	12/26/2069	15,115,830
	Securitized Asset Backed Receivables LLC
3,504,367	Series 2006-NC1-A3 (1 mo. Term SOFR + 0.65%, 0.54% Floor)	4.99	%	03/25/2036	3,198,050
	Starwood Mortgage Residential Trust
421,625	Series 2020-3-A1	1.49	%(a)(b)	04/25/2065	408,434
23,142,892	Series 2021-5-A1	1.92	%(a)(b)	09/25/2066	19,274,224
	Structured Asset Securities Corp.
58,067	Series 2003-24A-1A3	6.29	%(b)	07/25/2033	56,298
	Terwin Mortgage Trust
607,643	Series 2003-4HE-M1 (1 mo. Term SOFR + 1.24%, 1.13% Floor)	5.58	%	09/25/2034	641,882
	Velocity Commercial Capital Loan Trust
1,556,389	Series 2019-2-A	3.13	%(a)(b)	07/25/2049	1,487,860
4,711,251	Series 2021-1-M1	1.79	%(a)(b)	05/25/2051	3,862,774
16,786,234	Series 2021-2-A	1.52	%(a)(b)	08/25/2051	13,924,533
4,014,092	Series 2021-2-M1	1.82	%(a)(b)	08/25/2051	3,149,748
14,941,196	Series 2024-5-A	5.49	%(a)(b)	10/25/2054	14,760,000
	Vericrest Opportunity Loan Transferee
4,113,171	Series 2021-NP10-A1	4.99	%(a)(d)	05/25/2051	4,113,331
11,023,043	Series 2021-NP11-A1	4.87	%(a)(d)	08/25/2051	11,018,544
2,479,987	Series 2021-NPL1-A1	4.89	%(a)(d)	02/27/2051	2,480,034
2,754,366	Series 2021-NPL3-A1	5.24	%(a)(d)	02/27/2051	2,753,028
2,114,929	Series 2021-NPL5-A1	5.12	%(a)(d)	03/27/2051	2,115,963
2,258,065	Series 2021-NPL6-A1	5.24	%(a)(d)	04/25/2051	2,261,409
9,072,408	Series 2021-NPL8-A1	5.12	%(a)(d)	04/25/2051	9,082,341
1,984,689	Series 2021-NPL9-A1	4.99	%(a)(d)	05/25/2051	1,978,642
	Verus Securitization Trust
7,112,109	Series 2021-4-A3	1.35	%(a)(b)	07/25/2066	5,928,368
6,735,762	Series 2021-7-A1	1.83	%(a)(d)	10/25/2066	5,941,453
11,609,480	Series 2022-INV1-A1	5.04	%(a)(d)	08/25/2067	11,537,885
386,988	Series 2022-INV1-A2	5.80	%(a)(d)	08/25/2067	385,917
15,364,599	Series 2023-4-A1	5.81	%(a)(d)	05/25/2068	15,416,190
17,737,018	Series 2024-3-A1	6.34	%(a)(d)	04/25/2069	17,901,135

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
4,434,993	Series 2024-6-A1	5.80	%(a)(d)	07/25/2069	4,455,502
25,000,000	Series 2024-9-A1	5.44	%(a)(b)	11/25/2069	25,115,100
6,500,000	Series 2024-9-A2	5.69	%(a)(d)	11/25/2069	6,529,835
	WaMu Mortgage Pass Through Certificates
129,880	Series 2002-AR16-A	6.70	%(b)	12/25/2032	123,967
	Wells Fargo Mortgage Backed Securities Trust
187,026	Series 2007-7-A36	6.00	%	06/25/2037	169,888
	Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $793,190,857)				768,341,282
US CORPORATE BONDS - 10.6%
1,484,000	AGCO Corp.	5.45	%	03/21/2027	1,498,967
553,000	Agilent Technologies, Inc.	4.20	%	09/09/2027	546,294
3,535,000	Albemarle Corp.	4.65	%	06/01/2027	3,507,940
989,000	Ally Financial, Inc.  (SOFR + 3.26%)	6.99	%	06/13/2029	1,030,696
737,000	Ally Financial, Inc.  (SOFR + 2.82%)	6.85	%	01/03/2030	764,348
1,545,000	Altria Group, Inc.	6.20	%	11/01/2028	1,606,193
1,370,000	American Electric Power Co., Inc.	5.20	%	01/15/2029	1,380,845
5,379,000	American Express Co.  (SOFR + 1.00%)	5.53	%	02/16/2028	5,409,766
2,638,000	American Homes 4 Rent LP	4.25	%	02/15/2028	2,575,244
2,340,000	American National Group, Inc.	5.75	%	10/01/2029	2,344,479
478,000	American Water Capital Corp.	3.75	%	09/01/2028	459,941
3,100,000	Amgen, Inc.	5.51	%	03/02/2026	3,100,183
5,176,000	Apache Corp.	4.25	%	01/15/2030	4,868,661
10,030,000	Apollo Debt Solutions BDC	6.90	%(a)	04/13/2029	10,385,107
4,850,000	AppLovin Corp.	5.13	%	12/01/2029	4,840,066
5,777,000	Ares Capital Corp.	3.88	%	01/15/2026	5,714,167
1,835,000	Ares Strategic Income Fund	5.70	%(a)	03/15/2028	1,835,361
5,675,000	Arrow Electronics, Inc.	5.15	%	08/21/2029	5,654,123
6,715,000	Athene Global Funding  (SOFR + 0.85%)	5.39	%(a)	05/08/2026	6,716,318
6,076,000	Athene Global Funding	4.72	%(a)	10/08/2029	5,930,499
5,730,000	Atlas Warehouse Lending Co. LP	6.05	%(a)	01/15/2028	5,740,526
8,210,000	Atlas Warehouse Lending Co. LP	6.25	%(a)	01/15/2030	8,163,830
1,022,000	Avery Dennison Corp.	4.88	%	12/06/2028	1,020,542
4,338,000	Aviation Capital Group LLC	1.95	%(a)	09/20/2026	4,121,391
1,113,000	Aviation Capital Group LLC	6.25	%(a)	04/15/2028	1,148,992
872,000	Bank of America Corp.  (SOFR + 1.75%)	4.83	%	07/22/2026	872,169
3,326,000	Bank of America Corp.  (3 mo. Term SOFR + 1.32%)	3.56	%	04/23/2027	3,273,571
4,013,000	Blackstone Private Credit Fund	5.60	%(a)	11/22/2029	3,964,499
2,909,000	Blackstone Secured Lending Fund	5.88	%	11/15/2027	2,955,704
10,030,000	Blue Owl Capital Corp.	5.95	%	03/15/2029	10,074,116
6,019,000	Blue Owl Credit Income Corp.	7.75	%	09/16/2027	6,322,284
10,397,000	Blue Owl Credit Income Corp.	5.80	%(a)	03/15/2030	10,244,165
3,762,000	Blue Owl Technology Finance Corp.	3.75	%(a)	06/17/2026	3,641,354
9,287,000	Blue Owl Technology Finance Corp. II	6.75	%(a)	04/04/2029	9,348,252
3,092,000	Bristol-Myers Squibb Co.  (SOFR + 0.49%)	5.01	%	02/20/2026	3,100,128
651,000	Brixmor Operating Partnership LP	4.13	%	06/15/2026	644,540
2,615,000	Broadcom, Inc.	3.15	%	11/15/2025	2,581,922
2,538,000	Broadcom, Inc.	5.05	%	07/12/2029	2,548,467
2,268,000	Broadcom, Inc.	4.35	%	02/15/2030	2,207,250
827,000	Bunge Ltd. Finance Corp.	3.75	%	09/25/2027	805,487
631,000	Cabot Corp.	4.00	%	07/01/2029	604,045
13,541,000	Capital One Financial Corp.  (SOFR + 2.16%)	4.99	%	07/24/2026	13,534,273
3,085,000	CenterPoint Energy, Inc.	5.40	%	06/01/2029	3,122,160

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
2,572,000	Charles Schwab Corp.  (SOFR + 1.05%)	5.56	%	03/03/2027	2,601,001
1,505,000	Charter Communications Operating LLC / Charter Communications Operating Capital	6.15	%	11/10/2026	1,534,815
2,691,000	Cheniere Energy Partners LP	4.50	%	10/01/2029	2,607,200
5,583,000	Cheniere Energy, Inc.	4.63	%	10/15/2028	5,465,808
9,490,000	Citigroup, Inc.  (SOFR + 1.34%)	4.54	%	09/19/2030	9,223,479
502,000	Citizens Financial Group, Inc.	4.30	%	12/03/2025	498,965
1,539,000	CNA Financial Corp.	3.90	%	05/01/2029	1,474,630
4,747,000	CNH Industrial Capital LLC	4.50	%	10/08/2027	4,704,895
6,019,000	Corebridge Global Funding	5.75	%(a)	07/02/2026	6,107,988
623,000	Coterra Energy, Inc.	3.90	%	05/15/2027	609,117
401,000	Coterra Energy, Inc.	4.38	%	03/15/2029	387,950
2,805,000	Crown Castle, Inc.	4.80	%	09/01/2028	2,774,651
6,582,000	Crown Castle, Inc.	4.90	%	09/01/2029	6,512,858
3,060,000	CubeSmart LP	4.38	%	02/15/2029	2,973,258
2,705,000	CVS Health Corp.	5.00	%	02/20/2026	2,703,787
2,367,000	Darden Restaurants, Inc.	4.35	%	10/15/2027	2,335,543
1,298,000	DCP Midstream Operating LP	5.13	%	05/15/2029	1,300,966
7,769,000	Dell International LLC / EMC Corp.	4.35	%	02/01/2030	7,520,107
1,134,000	Delta Air Lines, Inc.	7.38	%	01/15/2026	1,159,267
311,000	Delta Air Lines, Inc. / SkyMiles IP Ltd.	4.75	%(a)	10/20/2028	306,935
1,474,000	Devon Energy Corp.	5.25	%	10/15/2027	1,475,959
832,000	DOC DR LLC	4.30	%	03/15/2027	823,333
5,178,000	Edison International	5.45	%	06/15/2029	5,227,818
5,276,000	Edwards Lifesciences Corp.	4.30	%	06/15/2028	5,165,130
2,770,000	Eli Lilly & Co.	5.00	%	02/27/2026	2,770,065
5,115,000	Energy Transfer LP	6.05	%	12/01/2026	5,227,818
2,523,000	EnLink Midstream LLC	5.38	%	06/01/2029	2,524,720
5,415,000	Entergy Corp.	0.90	%	09/15/2025	5,267,629
432,000	EOG Resources, Inc.	4.15	%	01/15/2026	430,061
832,000	EPR Properties	4.95	%	04/15/2028	818,677
843,000	EQT Corp.	3.90	%	10/01/2027	820,263
1,013,000	EQT Corp.	7.00	%	02/01/2030	1,078,378
5,184,000	Equifax, Inc.	4.80	%	09/15/2029	5,121,329
5,615,000	Equinix, Inc.	1.25	%	07/15/2025	5,508,261
1,814,000	Essential Utilities, Inc.	4.80	%	08/15/2027	1,812,801
251,000	Essential Utilities, Inc.	3.57	%	05/01/2029	236,552
1,001,000	Eversource Energy	4.75	%	05/15/2026	1,000,860
2,525,000	Exelon Corp.	5.15	%	03/15/2029	2,538,866
5,818,000	Expedia Group, Inc.	6.25	%(a)	05/01/2025	5,822,153
5,285,000	Fifth Third Bank, Inc.	3.85	%	03/15/2026	5,221,772
1,802,000	FirstEnergy Transmission LLC	4.55	%(a)	01/15/2030	1,755,093
6,451,000	Fiserv, Inc.	4.75	%	03/15/2030	6,373,907
5,176,000	Ford Motor Credit Co. LLC	5.30	%	09/06/2029	5,075,469
3,026,000	Foundry JV Holdco LLC	5.90	%(a)	01/25/2030	3,070,392
1,615,000	GA Global Funding Trust	5.50	%(a)	01/08/2029	1,632,415
296,000	GATX Corp.	4.00	%	06/30/2030	280,782
5,136,000	GE HealthCare Technologies, Inc.	4.80	%	08/14/2029	5,089,832
2,883,000	General Mills, Inc.	4.00	%	04/17/2025	2,875,757
2,295,000	General Mills, Inc.	5.24	%	11/18/2025	2,295,042
5,180,000	General Motors Financial Co., Inc.	4.00	%	01/15/2025	5,177,922
5,391,000	General Motors Financial Co., Inc.	5.25	%	03/01/2026	5,408,626
4,560,000	Genuine Parts Co.	4.95	%	08/15/2029	4,548,773
2,206,000	Global Payments, Inc.	5.30	%	08/15/2029	2,211,058
3,629,000	Goldman Sachs Bank USA/New York NY  (SOFR + 0.77%)	5.25	%	03/18/2027	3,636,291
5,157,000	HCA, Inc.	5.38	%	02/01/2025	5,158,198
5,437,000	Hewlett Packard Enterprise Co.	4.55	%	10/15/2029	5,301,870
300,000	HSBC USA, Inc.  (SOFR + 0.96%)	5.46	%	03/04/2027	301,870
1,522,000	Huntington Bancshares, Inc./OH  (SOFR + 1.28%)	5.27	%	01/15/2031	1,523,700

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
4,519,000	Hyatt Hotels Corp.	5.75	%	01/30/2027	4,589,736
5,182,000	Hyundai Capital America	4.55	%(a)	09/26/2029	5,032,677
2,520,000	Icon Investments Six DAC	5.81	%	05/08/2027	2,563,199
5,783,000	IDEX Corp.	4.95	%	09/01/2029	5,761,460
3,349,000	Illumina, Inc.	4.65	%	09/09/2026	3,338,610
2,188,000	Interstate Power and Light Co.	3.60	%	04/01/2029	2,076,182
478,000	ITC Holdings Corp.	4.95	%(a)	09/22/2027	479,213
11,900,000	Jackson National Life Global Funding	4.60	%(a)	10/01/2029	11,579,914
4,680,000	JPMorgan Chase & Co.  (SOFR + 0.92%)	5.54	%	04/22/2028	4,708,828
2,789,000	Keysight Technologies, Inc.	3.00	%	10/30/2029	2,544,398
2,836,000	Kinder Morgan, Inc.	4.30	%	06/01/2025	2,829,938
2,772,000	Kinder Morgan, Inc.	5.00	%	02/01/2029	2,763,753
5,222,000	Laboratory Corp. of America Holdings	4.35	%	04/01/2030	5,039,518
3,941,000	Lear Corp.	4.25	%	05/15/2029	3,792,748
1,593,000	Lennar Corp.	5.25	%	06/01/2026	1,601,673
432,000	Lennox International, Inc.	5.50	%	09/15/2028	439,535
2,598,000	LPL Holdings, Inc.	4.63	%(a)	11/15/2027	2,558,525
2,437,000	M&T Bank Corp.  (SOFR + 0.93%)	4.83	%	01/16/2029	2,427,312
250,000	Manufacturers & Traders Trust Co.	4.65	%	01/27/2026	249,436
5,070,000	Marriott International, Inc./MD	4.80	%	03/15/2030	5,034,391
6,600,000	MasTec, Inc.	4.50	%(a)	08/15/2028	6,404,524
5,924,000	Merck Sharp & Dohme Corp.	5.95	%	12/01/2028	6,192,700
576,000	Meritage Homes Corp.	3.88	%(a)	04/15/2029	538,804
675,000	Microchip Technology, Inc.	4.25	%	09/01/2025	672,396
1,005,000	Microchip Technology, Inc.	5.05	%	03/15/2029	1,003,357
507,000	Micron Technology, Inc.	4.98	%	02/06/2026	507,786
2,280,000	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.	6.50	%(a)	06/20/2027	2,296,012
265,000	Mohawk Industries, Inc.	5.85	%	09/18/2028	272,595
5,140,000	Morgan Stanley	3.88	%	01/27/2026	5,102,819
5,075,000	Motorola Solutions, Inc.	5.00	%	04/15/2029	5,069,060
281,000	MPLX LP	4.80	%	02/15/2029	278,729
3,531,000	National Securities Clearing Corp.	4.90	%(a)	06/26/2029	3,536,663
597,000	New York Life Global Funding  (SOFR + 0.48%)	4.98	%(a)	06/09/2026	598,207
757,000	New York Life Global Funding	4.70	%(a)	01/29/2029	755,524
710,000	Newmont Corp. / Newcrest Finance Pty Ltd.	5.30	%	03/15/2026	715,357
5,455,000	NGPL PipeCo LLC	4.88	%(a)	08/15/2027	5,415,586
2,480,000	NiSource, Inc.	5.25	%	03/30/2028	2,502,182
1,979,000	NiSource, Inc.	5.20	%	07/01/2029	1,995,962
2,999,000	Norfolk Southern Corp.	7.80	%	05/15/2027	3,211,077
908,000	Northwestern Mutual Global Funding	4.11	%(a)	09/12/2027	896,110
2,268,000	Occidental Petroleum Corp.	5.20	%	08/01/2029	2,251,746
2,566,000	Omega Healthcare Investors, Inc.	4.75	%	01/15/2028	2,532,874
5,037,000	Oracle Corp.	5.80	%	11/10/2025	5,088,764
2,405,000	O’Reilly Automotive, Inc.	5.75	%	11/20/2026	2,448,596
251,000	O’Reilly Automotive, Inc.	4.20	%	04/01/2030	241,517
989,000	Owens Corning	3.50	%	02/15/2030	919,570
3,103,000	Pacific Gas and Electric Co.  (SOFR + 0.95%)	5.45	%	09/04/2025	3,108,487
7,458,000	Pacific Gas and Electric Co.	6.10	%	01/15/2029	7,723,244
553,000	Pacific Life Global Funding II  (SOFR + 0.62%)	5.12	%(a)	06/04/2026	554,802
4,686,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.	4.00	%(a)	07/15/2025	4,660,993
5,235,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.	4.40	%(a)	07/01/2027	5,168,687
3,240,000	PNC Financial Services Group, Inc.  (SOFR + 1.32%)	5.81	%	06/12/2026	3,254,129
1,129,000	Public Service Co. of Colorado	3.70	%	06/15/2028	1,090,812
3,698,000	Public Service Enterprise Group, Inc.	5.85	%	11/15/2027	3,805,081
3,633,000	Public Storage Operating Co.  (SOFR + 0.70%)	5.35	%	04/16/2027	3,652,382
5,123,000	Quanta Services, Inc.	4.75	%	08/09/2027	5,118,133
5,576,000	Quest Diagnostics, Inc.	4.20	%	06/30/2029	5,414,860

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
455,000	RGA Global Funding	6.00	%(a)	11/21/2028	469,598
5,635,000	Royalty Pharma PLC	1.75	%	09/02/2027	5,192,033
332,000	Ryder System, Inc.	5.25	%	06/01/2028	335,717
1,323,000	Ryder System, Inc.	4.95	%	09/01/2029	1,319,024
1,520,000	Sempra	5.40	%	08/01/2026	1,534,386
2,031,000	Sherwin-Williams Co.	4.55	%	03/01/2028	2,014,893
5,065,000	Solventum Corp.	5.45	%(a)	02/25/2027	5,115,704
2,602,000	Sonoco Products Co.	4.45	%	09/01/2026	2,585,378
3,570,000	Southern California Edison Co.	4.90	%	06/01/2026	3,578,074
2,772,000	Southern Co.	5.15	%	10/06/2025	2,782,177
5,157,000	State Street Corp.  (SOFR + 1.35%)	5.75	%	11/04/2026	5,199,742
4,995,000	Take-Two Interactive Software, Inc.	4.95	%	03/28/2028	4,993,687
2,753,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.50	%	07/15/2027	2,774,703
6,816,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.88	%	01/15/2029	6,989,624
6,931,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.50	%	03/01/2030	6,957,234
5,487,000	The Campbell’s Co.	3.95	%	03/15/2025	5,474,863
2,015,000	The Campbell’s Co.	5.20	%	03/19/2027	2,034,147
556,000	Timken Co.	4.50	%	12/15/2028	546,273
883,000	Toll Brothers Finance Corp.	4.88	%	03/15/2027	882,871
2,238,000	Uber Technologies, Inc.	6.25	%(a)	01/15/2028	2,258,817
623,000	US Bancorp  (SOFR + 1.43%)	5.73	%	10/21/2026	627,396
5,356,000	Utah Acquisition Sub, Inc.	3.95	%	06/15/2026	5,275,360
2,969,000	Veralto Corp.	5.50	%	09/18/2026	3,004,808
1,763,000	Veralto Corp.	5.35	%	09/18/2028	1,786,290
5,735,000	VICI Properties LP / VICI Note Co., Inc.	4.25	%(a)	12/01/2026	5,643,708
8,037,000	Wells Fargo & Co.  (SOFR + 1.07%)	5.69	%	04/22/2028	8,107,405
5,153,000	Welltower OP LLC	4.00	%	06/01/2025	5,134,957
678,000	Western Midstream Operating LP	6.35	%	01/15/2029	702,125
2,688,000	Western Midstream Operating LP	4.05	%	02/01/2030	2,523,034
5,074,000	Williams Cos., Inc.	4.80	%	11/15/2029	5,008,744
1,248,000	Xcel Energy, Inc.	4.00	%	06/15/2028	1,208,317
	Total US Corporate Bonds (Cost $632,173,404)				630,093,789
US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 3.0%
	Federal Home Loan Mortgage Corp.
368,384	Pool 840632 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.62% Cap)	6.57	%	05/01/2045	379,434
96,885	Pool N70081	5.50	%	07/01/2038	96,898
7,756,393	Pool RA8419	6.00	%	01/01/2053	7,850,439
8,062,832	Pool SD5219	6.00	%	04/01/2054	8,167,735
3,427,762	Series 276-F5 (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.21	%	09/15/2042	3,383,411
2,279,706	Series 339-F5 (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)	5.16	%	11/15/2044	2,241,733
9,955	Series 3872-BA	4.00	%	06/15/2041	9,563
4,174,699	Series 4068-UF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.21	%	06/15/2042	4,119,236
193,952	Series 4203-NB	2.00	%	10/15/2040	191,452
6,658,787	Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.21	%	11/15/2046	6,557,829
2,619,087	Series 4851-PF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)	5.11	%	08/15/2057	2,555,075
2,493,004	Series 4878-FA (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)	5.11	%	05/15/2049	2,450,131
1,841,047	Series 4939-CF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.18	%	12/25/2049	1,811,003
3,591,514	Series 4987-BF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)	5.08	%	06/25/2050	3,523,251

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
9,429,414	Series 4990-FN (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)	5.03	%	05/25/2050	9,141,819
5,264,863	Series 5478-FB (30 day avg SOFR US + 1.35%, 1.35% Floor, 6.50% Cap)	5.92	%	02/25/2054	5,274,775
	Federal National Mortgage Association
17,101	Pool AB3850	4.00	%	11/01/2041	15,840
741,752	Pool AL2987 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.31% Cap)	7.01	%	11/01/2042	765,124
125,915	Pool AL4292	4.50	%	04/01/2026	125,438
600,112	Pool BM3520 (1 yr. RFUCCT + 1.56%, 1.56% Floor, 6.98% Cap)	6.77	%	05/01/2045	620,455
7,961,252	Pool FS6084	6.00	%	10/01/2053	8,055,450
4,854,029	Pool MA4901	5.00	%	01/01/2043	4,766,738
3,138,479	Pool MA4988	5.00	%	04/01/2043	3,082,034
3,722,088	Pool MA5112	5.00	%	08/01/2043	3,648,160
5,061,015	Pool MA5540	5.50	%	11/01/2044	5,047,195
2,097,886	Series 2010-68-FJ (30 day avg SOFR US + 0.56%, 0.45% Floor, 7.00% Cap)	5.13	%	07/25/2040	2,080,783
903,707	Series 2011-134-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.18	%	12/25/2041	892,467
35,176	Series 2011-64-DB	4.00	%	07/25/2041	33,860
1,616,684	Series 2016-62-FB (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)	5.08	%	09/25/2046	1,599,086
3,677,375	Series 2016-84-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.18	%	11/25/2046	3,620,908
1,533,726	Series 2017-112-FC (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)	5.03	%	01/25/2048	1,495,488
7,131,652	Series 2018-72-FB (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)	5.03	%	10/25/2058	6,928,259
2,610,186	Series 2018-85-FE (30 day avg SOFR US + 0.41%, 0.30% Floor, 6.50% Cap)	4.98	%	12/25/2048	2,560,457
10,254,741	Series 2019-43-FD (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)	5.08	%	08/25/2049	10,053,815
4,396,169	Series 2019-49-FB (30 day avg SOFR US + 0.59%, 0.48% Floor, 6.50% Cap)	5.16	%	09/25/2049	4,311,065
6,121,657	Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.18	%	10/25/2049	5,992,880
1,082,584	Series 2019-M21-3A1	2.10	%	06/25/2034	1,057,467
4,314,979	Series 2020-34-F (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)	5.13	%	06/25/2050	4,209,977
10,924,171	Series 2020-M49-1A1	1.26	%(b)	11/25/2030	9,905,910
15,381,524	Series 2021-M7-A1	1.73	%(b)	03/25/2031	14,270,884
7,068,481	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)	6.02	%	12/25/2054	7,136,375
	Government National Mortgage Association
3,548,985	Series 2012-68-FA (1 mo. Term SOFR + 0.61%, 0.50% Floor, 6.00% Cap)	4.98	%	05/20/2042	3,452,021
3,194,933	Series 2013-116-WU	3.00	%	12/20/2042	3,128,359
3,356,720	Series 2016-16-DF (1 mo. Term SOFR + 0.41%, 0.30% Floor, 6.50% Cap)	4.81	%	02/16/2046	3,301,676
4,425,727	Series 2022-183-B	5.00	%	04/20/2047	4,439,495
3,789,354	Series 2024-25-AF (30 day avg SOFR US + 0.51%, 0.51% Floor, 6.50% Cap)	5.20	%	02/20/2049	3,594,824
	Total US Government and Agency Mortgage Backed Obligations (Cost $180,154,087)				177,946,274
US GOVERNMENT AND AGENCY OBLIGATIONS - 24.6%
40,000,000	United States Treasury Note/Bond	0.38	%	01/31/2026	38,385,903
111,200,000	United States Treasury Note/Bond	0.75	%	03/31/2026	106,529,076
68,700,000	United States Treasury Note/Bond	0.75	%	05/31/2026	65,441,900
106,500,000	United States Treasury Note/Bond	0.63	%	07/31/2026	100,664,097
123,500,000	United States Treasury Note/Bond	0.88	%	09/30/2026	116,565,169
306,250,000	United States Treasury Note/Bond	0.63	%	03/31/2027	282,793,825
345,900,000	United States Treasury Note/Bond	0.50	%	06/30/2027	315,424,280
200,000,000	United States Treasury Note/Bond	0.75	%	01/31/2028	179,738,414
315,000,000	United States Treasury Note/Bond	0.88	%	11/15/2030	257,801,963
	Total US Government and Agency Obligations (Cost $1,479,862,601)				1,463,344,627

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY		VALUE $
SHORT TERM INVESTMENTS - 2.6%
50,902,016	First American Government Obligations Fund - U	4.41	%(h)			50,902,016
50,902,016	JPMorgan US Government Money Market Fund - IM	4.44	%(h)			50,902,016
50,902,016	MSILF Government Portfolio - Institutional	4.42	%(h)			50,902,016
	Total Short Term Investments (Cost $152,706,048)					152,706,048
	Total Investments - 98.6% (Cost $6,025,824,986)					5,858,026,268
	Other Assets in Excess of Liabilities - 1.4%					81,169,123
	NET ASSETS - 100.0%				$	5,939,195,391

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	24.6%
Non-Agency Commercial Mortgage Backed Obligations	14.7%
Collateralized Loan Obligations	13.5%
Non-Agency Residential Collateralized Mortgage Obligations	12.9%
US Corporate Bonds	10.6%
Foreign Corporate Bonds	7.3%
Asset Backed Obligations	7.3%
US Government and Agency Mortgage Backed Obligations	3.0%
Short Term Investments	2.6%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	1.3%
Bank Loans	0.8%
Other Assets and Liabilities	1.4%
Net Assets	100.0%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	24.6%
Non-Agency Commercial Mortgage Backed Obligations	14.7%
Collateralized Loan Obligations	13.5%
Non-Agency Residential Collateralized Mortgage Obligations	12.9%
Asset Backed Obligations	7.3%
Banking	4.2%
US Government and Agency Mortgage Backed Obligations	3.0%
Short Term Investments	2.6%
Finance	2.0%
Utilities	1.8%
Energy	1.6%
Technology	1.1%
Transportation	0.9%
Automotive	0.8%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.7%
Mining	0.7%
Healthcare	0.7%
Insurance	0.6%
Pharmaceuticals	0.4%
Telecommunications	0.4%
Media	0.4%
Hotels/Motels/Inns and Casinos	0.4%
Real Estate	0.3%
Consumer Products	0.3%
Building and Development (including Steel/Metals)	0.3%
Chemicals/Plastics	0.3%
Retailers (other than Food/Drug)	0.2%
Food Products	0.2%
Construction	0.2%
Diversified Manufacturing	0.2%
Industrial Equipment	0.2%

Aerospace & Defense	0.2%
Business Equipment and Services	0.2%
Commercial Services	0.1%
Conglomerates	0.1%
IT Services	0.1%
Beverage and Tobacco	0.1%
Chemical Products	0.1%
Containers and Glass Products	0.1%
Financials	0.1%
Food Service	0.0%	(i)
Pulp & Paper	0.0%	(i)
Other Assets and Liabilities	1.4%
Net Assets	100.0%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $2,920,691,576 or 49.2% of the Fund’s net assets.
(b)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)	Value determined using significant unobservable inputs.
(d)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(e)	Perpetual maturity. The date disclosed is the next call date of the security.
(f)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(g)	Interest only security
(h)	Seven-day yield as of period end.
(i)	Represents less than 0.05% of net assets.

CMT	Constant Maturity Treasury Rate
LIBOR	London Interbank Offered Rate
RFUCCT	Refinitiv USD IBOR Consumer Cash Fallbacks
SOFR	Secured Overnight Financing Rate

DoubleLine Floating Rate Fund	(Unaudited)
Schedule of Investments	December 31, 2024

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
BANK LOANS - 88.2%
AEROSPACE & DEFENSE - 1.9%
		Signia Aerospace LLC
	431,538	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.40	%	12/11/2031	432,350
	353,077	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.40	%	12/11/2031	353,741
		TransDigm, Inc.
	1,791,934	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%)	6.83	%	02/28/2031	1,797,023
		United Airlines, Inc.
	670,486	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)	6.63	%	02/24/2031	673,540
AUTOMOTIVE - 0.9%
		Clarios Global LP
	1,007,475	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	05/06/2030	1,012,890
		Dexko Global, Inc.
	509,845	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)	8.34	%	10/04/2028	483,275
						1,496,165
BEVERAGE AND TOBACCO - 0.7%
		Triton Water Holdings, Inc.
	1,144,998	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.50% Floor)	7.84	%	03/31/2028	1,155,452
BUILDING AND DEVELOPMENT (INCLUDING STEEL/METALS) - 1.6%
		Cornerstone Building Brands, Inc.
	412,500	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.75	%	04/12/2028	395,072
	64,838	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.50% Floor)	8.90	%	05/15/2031	62,629
		Cornerstone Generation LLC
	825,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%)	7.65	%	10/28/2031	833,250
		LBM Acquisition LLC
	1,259,646	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.30	%	06/06/2031	1,250,986
		MITER Brands Acquisition Holdco, Inc.
	159,200	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.36	%	03/28/2031	161,024
						2,702,961
BUSINESS EQUIPMENT AND SERVICES - 4.1%
		Camelot US Acquisition LLC
	13,957	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.11	%	01/31/2031	13,964
	152,651	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.11	%	01/31/2031	152,723
	658,223	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.11	%	01/31/2031	658,533
		CoreLogic, Inc.
	261,107	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	8.19	%	06/02/2028	258,286
		Deerfield Dakota Holding LLC
	995,256	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 1.00% Floor)	8.35	%	04/09/2027	975,664
		Dun & Bradstreet Corp.
	245,290	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.59	%	01/18/2029	245,750
		EAB Global, Inc.
	750,470	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.61	%	08/16/2028	754,316

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Eisner Advisory Group LLC
	644,014	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.50% Floor)	8.36	%	02/28/2031	652,180
		Element Materials Technology Group US Holdings, Inc.
	642,870	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)	8.08	%	06/25/2029	647,894
		First Advantage Holdings LLC
	972,609	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	10/31/2031	984,159
		Grant Thornton Advisors Holdings LLC
	142,609	Senior Secured Term Loan (1 mo. Term SOFR + 2.75%)	7.13	%	05/30/2031	142,818
		Grant Thornton LLP/Chicago
	488,775	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.82	%	05/30/2031	489,493
		Ovg Business Services LLC
	558,600	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.36	%	06/25/2031	560,695
		Trans Union LLC
	318,400	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	06/24/2031	318,351
		VT Topco, Inc.
	292,059	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.33	%	08/12/2030	294,458
						7,149,284
CHEMICALS/PLASTICS - 4.1%
		Charter Next Generation, Inc.
	400,121	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.75% Floor)	7.53	%	12/02/2030	402,780
		Hexion Holdings Corp.
	844,774	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)	8.45	%	03/15/2029	846,295
		INEOS US Finance LLC
	1,612,815	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	02/19/2030	1,622,032
		Ineos US Finance T/L B
	214,463	Senior Secured Term Loan	7.76	%(a)	02/07/2031	216,474
		INEOS US Petrochem LLC
	873,400	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.71	%	03/29/2029	881,042
	400,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.61	%	10/07/2031	404,500
		Nouryon Finance BV
	149,079	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.66	%	04/03/2028	150,430
	563,089	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.66	%	04/03/2028	568,194
		Olympus Water US Holding Corp.
	959,782	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)	8.10	%	06/23/2031	963,981
		Polar US Borrower LLC
	124,968	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)	9.98	%	10/15/2028	90,727
	153	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)	9.98	%	10/15/2028	111
	124,196	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)	9.98	%	10/15/2028	90,166
	152	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)	9.98	%	10/15/2028	110
		Vantage Specialty Chemicals, Inc.
	800,978	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.50% Floor)	9.11	%	10/26/2026	793,969
						7,030,811
COMMERCIAL SERVICES - 3.5%
		Allied Universal Holdco LLC
	1,302,296	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)	8.21	%	05/15/2028	1,308,169

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Ascend Learning LLC
	429,148	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.96	%	12/11/2028	432,000
	415,665	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.96	%	12/11/2028	418,427
	285,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.75%, 0.50% Floor)	10.21	%	12/10/2029	283,397
		Belron Finance LLC
	498,750	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%, 0.50% Floor)	7.27	%	10/16/2031	504,129
		Cengage Learning, Inc.
	144,073	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 1.00% Floor)	7.86	%	11/24/2031	144,999
	248,952	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 1.00% Floor)	8.01	%	11/24/2031	250,553
		Frontdoor, Inc.
	195,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.61	%	12/19/2031	195,975
		Garda World Security Corp.
	1,021,690	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.00% Floor)	7.90	%	02/01/2029	1,027,442
		Mister Car Wash Holdings, Inc.
	154,613	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.09	%	03/27/2031	155,537
		Nvent Thermal LLC
	640,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.50%)	8.02	%	09/12/2031	647,802
		Vestis Corp.
	224,438	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)	6.76	%	02/24/2031	225,280
		Vortex Opco LLC
	182,274	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)	9.03	%	12/17/2028	115,835
		Wand NewCo 3, Inc.
	198,146	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	01/30/2031	199,204
	119,266	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	01/30/2031	119,903
						6,028,652
CONSTRUCTION - 2.2%
		Amentum Holdings, Inc.
	765,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.61	%	09/29/2031	763,244
		Artera Services LLC
	323,462	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.00% Floor)	8.83	%	02/10/2031	321,193
		Brand Industrial Services, Inc.
	642,842	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.50% Floor)	9.07	%	08/01/2030	626,832
		Construction Partners, Inc.
	600,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)	6.84	%	11/03/2031	604,128
		Quikrete Holdings, Inc.
	392,990	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.61	%	03/19/2029	393,236
	124,063	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	04/14/2031	124,147
		Tamko Building Products LLC
	225,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%)	7.08	%	09/20/2030	227,110
	225,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%)	7.09	%	09/20/2030	227,111
		Tecta America Corp.
	556,422	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.75% Floor)	8.71	%	04/10/2028	560,130
						3,847,131

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
CONSUMER PRODUCTS - 2.5%
		Energizer Holdings, Inc.
	280,721	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	12/22/2027	281,818
		Hunter Douglas, Inc.
	225,541	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)	8.02	%	02/26/2029	225,710
	614,239	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)	8.02	%	02/26/2029	614,700
		Kronos Acquisition Holdings, Inc.
	513,713	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.00% Floor)	8.58	%	07/08/2031	486,421
		Madison Safety & Flow LLC
	309,225	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	09/26/2031	311,883
		SWF Holdings I FLSO T/L A2
	352,799	Senior Secured Term Loan	8.48	%(a)	10/06/2028	317,519
		Tempur Sealy International, Inc.
	2,060,000	Senior Secured First Lien Term Loan (Daily US Secured Overnight Financing Rate + 2.50%, 0.00% Floor)	6.81	%	10/24/2031	2,068,364
						4,306,415
CONSUMER STAPLES - 0.2%
		United Natural Foods, Inc.
	333,325	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)	9.44	%	05/01/2031	339,408
CONTAINERS AND GLASS PRODUCTS - 3.3%
		Clydesdale Acquisition Holdings, Inc.
	611,032	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.18%, 0.50% Floor)	7.53	%	04/13/2029	612,942
		Graham Packaging Co., Inc.
	923,118	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	08/04/2027	926,455
		Klockner Pentaplast of America, Inc.
	330,521	Senior Secured First Lien Term Loan (6 mo. SOFR US + 4.73%, 0.50% Floor)	9.72	%	02/09/2026	303,253
		Pactiv Evergreen Group Holdings, Inc.
	265,652	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	09/25/2028	267,105
	67,889	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	09/25/2028	68,260
	53,855	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	09/25/2028	54,149
		Pregis TopCo LLC
	981,777	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)	8.36	%	07/31/2026	989,405
		Pretium PKG Holdings, Inc.
	386,326	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.60%, 1.00% Floor)	9.17	%	10/02/2028	308,939
	7,037	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.60%, 1.00% Floor)	9.17	%	10/02/2028	5,627
	4,658	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 1.00% Floor)	9.57	%	10/02/2028	4,816
	174,026	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 1.00% Floor)	9.57	%	10/02/2028	179,901
	155,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 6.75%, 0.50% Floor)	11.53	%	10/01/2029	58,302
		TricorBraun Holdings, Inc.
	713,410	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.72	%	03/03/2028	713,788
		Trident TPI Holdings, Inc.
	1,128,718	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)	8.19	%	09/18/2028	1,140,259
						5,633,201
ELECTRONICS/ELECTRIC - 15.7%
		Access CIG LLC
	478,878	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.50% Floor)	9.59	%	08/18/2028	484,136

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Applied Systems, Inc.
338,300	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.33	%	02/24/2031	341,972
235,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 5.25%, 0.00% Floor)	9.85	%	02/23/2032	242,176
	Astra Acquisition Corp.
404,876	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 8.88%, 0.75% Floor)	13.47	%	10/25/2029	28,594
	Asurion LLC
692,272	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.72	%	07/30/2027	691,569
135,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)	9.94	%	02/03/2028	132,252
113,444	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.71	%	08/21/2028	113,688
500,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)	9.72	%	01/22/2029	484,100
418,847	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.61	%	09/19/2030	418,324
	Boost Newco Borrower LLC
912,713	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)	6.83	%	01/31/2031	919,371
	Boxer Parent Co., Inc.
1,600,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)	8.34	%	07/30/2031	1,615,184
390,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 5.75%, 0.00% Floor)	10.34	%	07/30/2032	384,801
	Castle US Holding Corp.
239,904	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)	8.53	%	01/29/2027	142,913
	Central Parent LLC
1,925,150	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.85	%	07/06/2029	1,902,173
	Chariot Buyer LLC
382,260	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.71	%	11/03/2028	385,009
	Cloud Software Group, Inc.
491,534	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)	7.83	%	03/29/2029	493,601
1,232	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.83	%	03/29/2029	1,237
500,281	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)	8.31	%	03/24/2031	502,515
	Conservice Midco LLC
445,400	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.00% Floor)	7.86	%	05/13/2027	449,297
	Constant Contact, Inc.
684,611	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)	8.92	%	02/10/2028	615,294
	Cornerstone OnDemand, Inc.
521,035	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)	8.22	%	10/16/2028	460,074
	Cyborg Oldco DC Holdings, Inc.
239,168	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)	7.30	%(b)(c)	05/01/2026	1,315
	Dcert Buyer, Inc.
358,516	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)	8.36	%	10/16/2026	345,324
183,653	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 7.00%, 0.00% Floor)	11.36	%	02/16/2029	149,677
	DG Investment Intermediate Holdings 2, Inc.
808,725	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.22	%	03/31/2028	818,329
150,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 6.75%, 0.75% Floor)	11.22	%	03/29/2029	149,696
	Ellucian Holdings, Inc.
909,251	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.36	%	10/29/2029	916,525

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
40,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)	9.11	%	11/22/2032	40,867
	Gainwell Acquisition Corp.
1,377,758	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)	8.69	%	10/01/2027	1,337,954
	Helios Software Holdings, Inc.
569,229	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	8.09	%	07/15/2030	573,285
	ION Trading Finance T/L B
237,881	Senior Secured Term Loan	7.98	%(a)	04/03/2028	238,498
	McAfee Corp.
829,286	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)	7.37	%	03/01/2029	831,049
	MH Sub I LLC
630,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.25%)	8.76	%	12/11/2031	625,470
	Mitchell International, Inc.
1,695,750	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.61	%	06/17/2031	1,698,768
375,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)	9.82	%	06/17/2032	371,876
	Modena Buyer LLC
229,452	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor)	9.10	%	07/01/2031	222,814
	Newfold Digital Holdings Group, Inc.
242,082	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.75% Floor)	8.14	%	02/10/2028	164,427
	Peraton Corp.
678,200	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.21	%	02/01/2028	632,774
	Polaris Newco LLC
654,798	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.50% Floor)	8.85	%	06/05/2028	656,805
	Proofpoint, Inc.
1,047,768	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)	7.36	%	08/31/2028	1,054,060
	RealPage, Inc.
230,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)	8.08	%	04/24/2028	231,366
	Sabre GLBL, Inc.
49,417	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.97	%	12/17/2027	48,182
86,899	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.97	%	12/17/2027	84,727
120,824	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.00%, 0.00% Floor)	10.46	%	11/15/2029	118,408
277,405	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.00%, 0.00% Floor)	10.46	%	11/15/2029	276,711
	Sedgwick Claims Management Services, Inc.
847,875	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.59	%	07/31/2031	854,035
	SS&C Technologies, Inc.
511,436	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	05/09/2031	513,354
	Travelport Finance Luxembourg Sarl
114,491	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.41%, 1.00% Floor)	11.32	%	09/29/2028	107,514
344,799	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.41%, 1.00% Floor)	11.32	%	09/29/2028	323,787
	UKG, Inc.
1,552,321	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.62	%	02/10/2031	1,565,213
	Ultra Clean Holdings, Inc.
410,230	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	02/25/2028	414,078
	WEC US Holdings, Inc.
897,750	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.80	%	01/27/2031	899,572
					27,074,740

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
ENERGY - 3.6%
		BCP Renaissance Parent LLC
	533,315	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.33	%	10/31/2028	538,704
		Brazos Delaware II LLC
	79,400	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)	8.25	%	02/11/2030	80,051
		Compass Power Generation LLC
	947,960	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.00% Floor)	8.11	%	04/16/2029	957,439
		CPPIB OVM Member US LLC
	284,288	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.58	%	08/20/2031	286,509
		Delek US Holdings, Inc.
	310,807	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.96	%	11/19/2029	311,693
		Edgewater Generation LLC
	380,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.61	%	08/01/2030	385,837
		Freeport LNG Investments LLLP
	505,500	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)	7.84	%	12/21/2028	508,540
		GIP II Blue Holding LP
	205,015	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 1.00% Floor)	8.11	%	09/29/2028	206,723
		GIP Pilot Acquisition Partners LP
	347,682	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)	7.09	%	10/04/2030	350,290
		Hamilton Projects Acquiror LLC
	164,588	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)	8.32	%	05/30/2031	166,079
		Lightning Power LLC
	553,613	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.74	%	08/18/2031	560,610
		Oryx Midstream Services Permian Basin LLC
	722,700	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)	7.51	%	10/05/2028	728,062
		Par Petroleum LLC
	235,801	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)	8.33	%	02/28/2030	235,507
		Traverse Midstream Partners T/L B
	244,144	Senior Secured First Lien Term Loan	7.56	%(a)	02/16/2028	245,771
		WaterBridge NDB Operating LLC
	325,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 4.00%)	8.38	%	05/10/2029	328,918
		WhiteWater DBR HoldCo LLC
	314,213	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.63	%	03/03/2031	316,470
						6,207,203
FINANCE - 3.6%
		Acrisure LLC
	1,366,410	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)	7.36	%	11/06/2030	1,370,359
		Allspring Buyer LLC
	998,221	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.44	%	11/01/2030	1,001,091
		CPI Holdco B LLC
	295,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.25%)	6.65	%	05/19/2031	295,277
		Edelman Financial Engines Center LLC
	335,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)	9.61	%	10/06/2028	338,456
		Edelman Financial Engines Center T/L
	671,984	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%)	7.38	%	04/07/2028	676,883
		Focus Financial Partners LLC
	1,494,488	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	09/17/2031	1,510,083

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Hightower Holding LLC
	1,049,725	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	8.07	%	04/21/2028	1,056,721
						6,248,870
FINANCIAL INTERMEDIARIES - 0.1%
		Greystone Select Financial LLC
	219,385	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.75% Floor)	9.88	%	06/19/2028	218,836
FINANCIALS - 0.1%
		CPI Holdco B LLC
	234,413	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	05/19/2031	234,224
FOOD PRODUCTS - 1.4%
		Aspire Bakeries Holdings LLC
	493,756	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.61	%	12/23/2030	499,311
		CHG PPC Parent LLC
	1,435,223	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)	7.47	%	12/08/2028	1,445,097
		Golden State Foods LLC
	405,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)	8.77	%	12/04/2031	409,113
						2,353,521
HEALTHCARE - 9.7%
		ADMI Corp.
	408,664	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)	8.22	%	12/23/2027	402,534
	529,650	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.75%, 0.00% Floor)	10.11	%	12/23/2027	532,960
		AthenaHealth Group, Inc.
	1,290,036	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.61	%	02/15/2029	1,295,796
		Aveanna Healthcare LLC
	662,232	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)	8.36	%	07/17/2028	657,805
	173,481	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 7.00%, 0.50% Floor)	11.66	%	12/10/2029	167,843
		Bausch + Lomb Corp.
	1,136,469	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.69	%	05/10/2027	1,142,202
	276,500	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.00% Floor)	8.33	%	09/29/2028	278,315
		CHG Healthcare Services, Inc.
	545,182	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.50% Floor)	7.40	%	09/29/2028	547,831
	1,031,839	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)	8.28	%	09/29/2028	1,041,724
		CNT Holdings I Corp.
	123,750	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.75% Floor)	8.09	%	11/08/2027	124,713
		Cotiviti, Inc.
	798,973	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.30	%	04/30/2031	804,470
		FinThrive Software Intermediate Holdings, Inc.
	300,265	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.50% Floor)	8.50	%	12/18/2028	202,334
		Fortrea Holdings, Inc.
	44,463	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.50% Floor)	8.49	%	07/01/2030	44,907
		LifePoint Health, Inc.
	124,688	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 1.00% Floor)	7.96	%	05/19/2031	125,116
	1,149,151	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)	8.41	%	05/19/2031	1,154,662
		Medline Borrower LP
	840,943	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)	6.61	%	10/23/2028	844,862

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Pacific Dental Services, Inc.
	769,523	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.13	%	03/17/2031	775,776
		Packaging Coordinators Midco, Inc.
	992,513	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.75% Floor)	7.84	%	11/30/2027	998,095
		Phoenix Newco, Inc.
	1,445,848	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)	7.36	%	11/15/2028	1,457,595
		PointClickCare Technologies, Inc.
	730,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.58	%	11/03/2031	735,475
		Radiology Partners, Inc.
	20,766	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50% + 1.50% PIK, 0.00% Floor)	8.28	%	01/31/2029	20,574
	944,325	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50% + 1.50% PIK, 0.00% Floor)	8.28	%	01/31/2029	935,590
		Select Medical Corp.
	380,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	6.53	%	12/03/2031	381,740
		Sound Inpatient Physicians Holdings LLC
	300,000	Senior Secured Term Loan (3 mo. Term SOFR + 6.75%, 0.00% Floor)	11.26	%	06/29/2026	48,375
		Southern Veterinary Partners LLC
	885,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.71	%	12/04/2031	892,359
		Team Health Holdings, Inc.
	500,084	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.25%, 1.00% Floor)	9.84	%	03/02/2027	484,894
		Zelis Payments Buyer, Inc.
	600,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	11/26/2031	602,874
						16,701,421
HOTELS/MOTELS/INNS AND CASINOS - 6.1%
		Alterra Mountain Co.
	823,146	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.11	%	08/17/2028	829,579
	401,743	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.36	%	05/31/2030	405,763
		Bally’s Corp.
	760,784	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.50% Floor)	8.14	%	10/02/2028	721,418
		Caesars Entertainment, Inc.
	645,125	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)	6.61	%	02/06/2031	647,341
		Carnival Corp.
	61,449	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.75% Floor)	7.11	%	08/09/2027	61,977
	468,988	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.75% Floor)	7.11	%	10/18/2028	472,946
		ClubCorp Holdings, Inc.
	568,242	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.00% Floor)	9.33	%	09/18/2026	570,672
	23,191	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.00% Floor)	9.33	%	09/18/2026	23,290
		Fertitta Entertainment LLC/NV
	1,649,648	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.86	%	01/29/2029	1,657,814
		GBT US III LLC
	280,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)	7.63	%	07/28/2031	281,715
		Hilton Grand Vacations Borrower LLC
	441,663	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.61	%	01/17/2031	443,630
		Life Time, Inc.
	425,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)	7.03	%	11/05/2031	427,231

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Motion Finco Sarl
	331,384	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	7.83	%	11/30/2029	328,415
		Ontario Gaming GTA LP
	812,472	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)	8.89	%	08/01/2030	815,157
		Playa Resorts Holding BV
	931,813	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.50% Floor)	7.11	%	01/05/2029	933,821
		Scientific Games Holdings LP
	418,950	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.50% Floor)	7.59	%	04/04/2029	420,469
		Whatabrands LLC
	941,627	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	6.86	%	08/03/2028	945,021
		Wyndham Hotels & Resorts, Inc.
	511,694	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	05/28/2030	513,157
						10,499,416
INDUSTRIAL EQUIPMENT - 6.4%
		AI Aqua Merger Sub, Inc.
	1,127,135	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	8.05	%	07/31/2028	1,129,491
		BCPE Empire Holdings, Inc.
	1,128,939	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.86	%	12/26/2028	1,136,588
		Castlelake Aviation One LLC
	898,872	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.50% Floor)	6.86	%	10/22/2026	901,906
	570	Senior Secured First Lien Term Loan (3 mo. LIBOR US + 2.75%, 0.50% Floor)	8.42	%(d)	10/22/2026	572
		Columbus McKinnon Corp./NY
	448,839	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.50% Floor)	6.83	%	05/15/2028	452,205
		Crosby US Acquisition Corp.
	296,158	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	8.07	%	08/16/2029	299,565
		Crown Equipment Corp.
	600,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)	6.94	%	10/10/2031	604,875
		Cube A&D Buyer, Inc.
	630,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	8.13	%	10/20/2031	634,986
		Emrld Borrower LP
	170,000	Senior Secured First Lien Term Loan (3 mo. Term SOFR + 2.50%)	6.83	%	08/04/2031	170,886
		Kodiak BP LLC
	95,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.00% Floor)	8.27	%	12/04/2031	95,187
		Lasership T/L E
	94,500	Senior Secured Term Loan	12.28	%(a)	08/10/2029	36,698
		Lummus Technology Holdings V LLC
	727,548	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%)	7.36	%	12/31/2029	734,030
		Madison IAQ LLC
	1,008,311	Senior Secured First Lien Term Loan (6 mo. SOFR US + 2.75%, 0.50% Floor)	7.89	%	06/21/2028	1,013,197
		Restaurant Technologies, Inc.
	79,808	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)	8.85	%	04/02/2029	78,536
	79,808	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)	8.85	%	04/02/2029	78,536
	835,609	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)	8.85	%	04/02/2029	822,294
		Spin Holdco, Inc.
	276,416	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)	8.71	%	03/06/2028	234,026

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Titan Acquisition Ltd./Canada
	840,775	Senior Secured First Lien Term Loan (6 mo. SOFR US + 4.50%, 0.00% Floor)	8.78	%	02/15/2029	848,922
		TK Elevator US Newco, Inc.
	408,563	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)	8.59	%	04/30/2030	412,038
	711,254	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)	8.59	%	04/30/2030	717,303
		Verde Purchaser LLC
	199,499	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.00% Floor)	9.10	%	11/29/2030	200,371
		White Cap Supply Holdings LLC
	525,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.82	%	10/31/2029	526,662
						11,128,874
INSURANCE - 2.6%
		Alliant Holdings Intermediate LLC
	801,915	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)	7.11	%	09/19/2031	804,970
		AssuredPartners, Inc.
	977,837	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.86	%	02/14/2031	981,044
		BroadStreet Partners, Inc.
	58,879	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.36	%	06/13/2031	59,149
	575,200	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.36	%	06/16/2031	577,840
		Cross Financial Corp.
	534,559	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	10/31/2031	538,568
		OneDigital Borrower LLC
	1,149,225	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.61	%	07/02/2031	1,153,569
	385,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.50% Floor)	9.61	%	07/02/2032	384,159
						4,499,299
IT SERVICES - 0.5%
		Iron Mountain Information Management LLC
	836,550	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	01/31/2031	837,596
MEDIA - 2.9%
		ABG Intermediate Holdings 2 LLC
	69,665	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.59	%	12/21/2028	70,024
		Acuris Finance US, Inc.
	518,584	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)	8.08	%	02/16/2028	522,652
		Arches Buyer, Inc.
	175,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)	7.71	%	12/06/2027	171,293
		CMG Media Corp.
	190,538	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	7.93	%	06/18/2029	171,865
		Crown Finance US, Inc.
	515,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)	9.80	%	12/02/2031	515,886
		CSC Holdings LLC
	705,738	Senior Secured First Lien Term Loan (1 Month Synthetic LIBOR + 2.50%, 0.00% Floor)	7.17	%(d)	04/15/2027	652,808
		Directv Financing LLC
	408,875	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.75% Floor)	9.85	%	08/02/2027	410,958
	161,019	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.25%, 0.75% Floor)	10.10	%	08/02/2029	158,415
		Gray Television, Inc.
	430,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)	7.67	%	12/01/2028	398,477

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		NEP Group, Inc.
	808,572	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25% + 1.50% PIK, 0.00% Floor)	8.12	%	08/19/2026	741,056
	42,803	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25% + 1.50% PIK, 0.00% Floor)	8.12	%	08/19/2026	39,229
		UFC Holdings LLC
	475,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)	6.77	%	11/21/2031	478,211
		United Talent Agency LLC
	248,125	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.20	%	07/07/2028	249,986
		Univision Communications, Inc.
	508,195	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)	8.85	%	06/25/2029	511,214
						5,092,074
MINING - 0.2%
		Arsenal AIC Parent LLC
	89,550	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	08/19/2030	90,423
		Foresight Energy LLC
	383,552	Senior Secured First Lien Term Loan (3 mo. SOFR US + 8.00%, 1.50% Floor)	12.43	%(c)	06/30/2027	304,924
						395,347
PHARMACEUTICALS - 1.0%
		Curium Bidco Sarl
	448,915	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	7.83	%	07/31/2029	454,248
	299,411	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	7.83	%	07/31/2029	302,968
	133,036	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	7.83	%	07/31/2029	134,616
		Grifols Worldwide Operations USA, Inc.
	407,948	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)	6.74	%	11/15/2027	406,954
		Perrigo Investments LLC
	505,065	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	04/20/2029	507,464
						1,806,250
REAL ESTATE - 0.3%
		Starwood Property Mortgage T/L B
	504,723	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%)	6.61	%	11/18/2027	504,723
RETAILERS (OTHER THAN FOOD/DRUG) - 3.0%
		Apro LLC
	618,450	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)	8.27	%	07/09/2031	625,278
		EG America LLC
	496,241	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.00% Floor)	8.61	%	02/07/2028	500,479
		Great Outdoors Group LLC
	959,951	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.22	%	03/06/2028	966,431
		HomeServe USA Holding Corp.
	332,488	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.37	%	10/21/2030	333,194
		Michaels Cos., Inc.
	199,662	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.75% Floor)	9.17	%	04/17/2028	161,668
		PetSmart LLC
	1,261,215	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.21	%	02/14/2028	1,258,585
		Staples, Inc.
	259,350	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.75%, 0.50% Floor)	10.18	%	09/10/2029	248,531
		StubHub Holdco Sub LLC
	642,028	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)	9.11	%	03/15/2030	644,436

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Upbound Group, Inc.
	366,021	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%, 0.50% Floor)	7.34	%	02/17/2028	366,936
		Victra Holdings LLC
	48,750	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.25%, 0.75% Floor)	9.61	%	03/29/2029	49,451
						5,154,989
TECHNOLOGY - 0.8%
		CommScope T/L
	0	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.50%, 0.00% Floor)	9.86	%	12/18/2029	—
	500,481	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.50%, 0.00% Floor)	9.86	%	12/18/2029	485,723
		Sandisk Corp./DE
	315,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)	7.52	%	02/09/2032	310,177
		Tiger Acquisition LLC
	565,790	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)	7.34	%	06/01/2028	567,205
						1,363,105
TELECOMMUNICATIONS - 2.6%
		Altice France SA
	715,614	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.50%, 0.00% Floor)	10.16	%	08/31/2028	576,606
		Connect Finco SARL
	168,803	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.86	%	12/11/2026	167,484
		Frontier Communications Holdings LLC
	688,275	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)	8.76	%	07/01/2031	697,739
		Gogo Intermediate Holdings LLC
	518,622	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)	8.22	%	04/28/2028	493,500
		Level 3 Financing, Inc.
	132,180	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.56%, 2.00% Floor)	10.92	%	04/16/2029	135,005
	132,180	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.56%, 2.00% Floor)	11.13	%	04/15/2030	134,939
		Lumen Technologies, Inc.
	365,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.35%)	7.04	%	04/16/2029	343,949
		Virgin Media Bristol LLC
	1,120,000	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.18%, 0.00% Floor)	7.72	%	03/31/2031	1,111,046
		Zayo Group Holdings, Inc.
	473,773	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)	7.47	%	03/09/2027	444,773
		Ziggo Financing Partnership
	470,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	7.01	%	04/28/2028	468,620
						4,573,661
TRANSPORTATION - 1.4%
		Brown Group Holding LLC
	224,823	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)	7.12	%	07/01/2031	225,930
	623,364	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)	7.12	%	07/01/2031	626,434
		Kenan Advantage Group, Inc.
	660,345	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)	7.61	%	01/25/2029	665,300
		WestJet Loyalty LP
	977,613	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)	7.58	%	02/14/2031	982,852
						2,500,516
UTILITIES - 1.2%
		CQP Holdco LP
	691,529	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.50% Floor)	6.33	%	12/31/2030	693,518

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Natgasoline LLC
	814,784	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.00% Floor)	9.02	%	11/14/2025	810,710
		WaterBridge Midstream Operating LLC
	653,363	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.75%, 0.00% Floor)	9.08	%	06/27/2029	651,729
		Total Bank Loans (Cost $152,905,748)				152,496,756
COLLATERALIZED LOAN OBLIGATIONS - 2.9%
		Bridge Street CLO Ltd.
	2,000,000	Series 2024-1A-A (3 mo. Term SOFR + 1.60%, 1.60% Floor)	6.22	%(e)	04/20/2037	2,016,967
		Crown City CLO
	1,000,000	Series 2023-5A-A1R (3 mo. Term SOFR + 1.60%, 1.60% Floor)	6.22	%(e)	04/20/2037	1,004,500
		Katayma CLO Ltd.
	2,000,000	Series 2023-1A-A1 (3 mo. Term SOFR + 2.00%, 2.00% Floor)	6.62	%(e)	10/20/2036	2,019,778
		Total Collateralized Loan Obligations (Cost $5,000,000)				5,041,245
FOREIGN CORPORATE BONDS - 0.2%
	100,000	Bombardier, Inc.	7.00	%(e)	06/01/2032	101,851
	100,000	Global Aircraft Leasing Co. Ltd.	8.75	%(e)	09/01/2027	102,114
	100,000	Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC	9.00	%(e)	02/15/2029	104,526
	50,000	Kronos Acquisition Holdings, Inc.	8.25	%(e)	06/30/2031	47,742
		Total Foreign Corporate Bonds (Cost $358,599)				356,233
US CORPORATE BONDS - 3.9%
	100,000	Allied Universal Holdco LLC	7.88	%(e)	02/15/2031	102,333
	2,000,000	American Express Co.  (SOFR + 1.00%)	5.53	%	02/16/2028	2,011,439
	100,000	AthenaHealth Group, Inc.	6.50	%(e)	02/15/2030	95,134
	100,000	Builders FirstSource, Inc.	6.38	%(e)	03/01/2034	98,819
	130,000	Caesars Entertainment, Inc.	6.00	%(e)	10/15/2032	125,464
	1,000,000	Carnival Corp.	4.00	%(e)	08/01/2028	948,471
	50,000	CCO Holdings LLC / CCO Holdings Capital Corp.	4.75	%(e)	03/01/2030	45,716
	2,000,000	Charles Schwab Corp.  (SOFR + 1.05%)	5.56	%	03/03/2027	2,022,551
	50,000	Frontier Communications Holdings LLC	6.75	%(e)	05/01/2029	50,292
	50,000	Level 3 Financing, Inc.	10.50	%(e)	04/15/2029	55,970
	100,000	LifePoint Health, Inc.	10.00	%(e)	06/01/2032	101,800
	100,000	Madison IAQ LLC	5.88	%(e)	06/30/2029	94,533
	100,000	Medline Borrower LP	5.25	%(e)	10/01/2029	96,601
	100,000	Nationstar Mortgage Holdings, Inc.	5.75	%(e)	11/15/2031	95,687
	100,000	OneMain Finance Corp.	7.50	%	05/15/2031	102,744
	100,000	Scientific Games Holdings LP/Scientific Games US FinCo, Inc.	6.63	%(e)	03/01/2030	95,779
	138,000	Six Flags Theme Parks, Inc.	7.00	%(e)	07/01/2025	138,334
	100,000	SM Energy Co.	7.00	%(e)	08/01/2032	98,690
	50,000	United Natural Foods, Inc.	6.75	%(e)	10/15/2028	49,329
	50,000	Univision Communications, Inc.	7.38	%(e)	06/30/2030	47,897
	100,000	Vistra Operations Co. LLC	6.88	%(e)	04/15/2032	102,487
	100,000	WR Grace Holdings LLC	5.63	%(e)	08/15/2029	92,083
	100,000	XHR LP	4.88	%(e)	06/01/2029	94,422
		Total US Corporate Bonds (Cost $6,714,301)				6,766,575
COMMON STOCKS - 0.1%
	22,003	Flame Aggregator - Series R(c)(f)				92,853
	2,186	Flame Aggregator - Series U(c)(f)				9,225
		Total Common Stocks (Cost $49,603)				102,078

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY		VALUE $
SHORT TERM INVESTMENTS - 3.8%
	2,187,559	First American Government Obligations Fund - U	4.41	%(g)			2,187,559
	2,187,558	JPMorgan US Government Money Market Fund - IM	4.44	%(g)			2,187,558
	2,187,559	MSILF Government Portfolio - Institutional	4.42	%(g)			2,187,559
		Total Short Term Investments (Cost $6,562,676)					6,562,676
		Total Investments - 99.1% (Cost $171,590,927)					171,325,563
		Other Assets in Excess of Liabilities - 0.9%					1,490,960
		NET ASSETS - 100.0%				$	172,816,523

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Bank Loans	88.2	%
US Corporate Bonds	3.9	%
Short Term Investments	3.8	%
Collateralized Loan Obligations	2.9	%
Foreign Corporate Bonds	0.2	%
Common Stocks	0.1	%
Other Assets and Liabilities	0.9	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Electronics/Electric	15.7	%
Healthcare	9.8	%
Industrial Equipment	6.5	%
Hotels/Motels/Inns and Casinos	6.2	%
Finance	5.0	%
Business Equipment and Services	4.1	%
Chemicals/Plastics	4.1	%
Short Term Investments	3.8	%
Energy	3.6	%
Commercial Services	3.5	%
Containers and Glass Products	3.2	%
Media	3.0	%
Retailers (other than Food/Drug)	3.0	%
Collateralized Loan Obligations	2.9	%
Telecommunications	2.7	%
Insurance	2.6	%
Consumer Products	2.5	%
Construction	2.3	%
Aerospace & Defense	1.9	%
Building and Development (including Steel/Metals)	1.6	%
Transportation	1.5	%
Food Products	1.4	%
Utilities	1.3	%
Banking	1.2	%
Pharmaceuticals	1.1	%
Automotive	0.9	%
Technology	0.8	%
Beverage and Tobacco	0.7	%
Leisure	0.6	%
IT Services	0.5	%
Real Estate	0.3	%
Mining	0.3	%
Consumer Staples	0.2	%
Financials	0.1	%
Financial Intermediaries	0.1	%
Diversified Manufacturing	0.1	%
Other Assets and Liabilities	0.9	%
Net Assets	100.0	%

(a)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(b)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(c)	Value determined using significant unobservable inputs.
(d)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(e)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $8,027,319 or 4.6% of the Fund’s net assets.
(f)	Non-income producing security.
(g)	Seven-day yield as of period end.

LIBOR	London Interbank Offered Rate
PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.
SOFR	Secured Overnight Financing Rate

DoubleLine Shiller Enhanced CAPE®	(Unaudited)
Schedule of Investments	December 31, 2024

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
ASSET BACKED OBLIGATIONS - 6.9%
		ACHV Trust
	4,253,789	Series 2024-2PL-B	5.43	%(a)	10/27/2031	4,262,723
	4,079,296	Series 2024-3AL-A	5.01	%(a)	12/26/2031	4,082,223
		Affirm, Inc.
	4,550,000	Series 2023-A-B	7.18	%(a)	01/18/2028	4,553,326
	1,528,804	Series 2023-X1-A	7.11	%(a)	11/15/2028	1,532,627
	3,750,000	Series 2024-A-A	5.61	%(a)	02/15/2029	3,778,791
	5,100,000	Series 2024-B-B	4.88	%(a)	09/15/2029	5,048,616
	2,479,614	Series 2024-X1-A	6.27	%(a)	05/15/2029	2,488,179
		Aligned Data Centers Issuer LLC
	6,000,000	Series 2021-1A-A2	1.94	%(a)	08/15/2046	5,705,950
		Amur Equipment Finance Receivables LLC
	4,000,000	Series 2021-1A-D	2.30	%(a)	11/22/2027	3,993,774
		AVANT Loans Funding Trust
	7,250,000	Series 2024-REV1-A	5.92	%(a)	10/15/2033	7,328,620
		Bridgecrest Lending Auto Securitization Trust
	559,155	Series 2024-1-A2	5.82	%	09/15/2026	559,337
	3,648,532	Series 2024-2-A2	5.78	%	02/16/2027	3,655,343
		CAI International, Inc.
	4,626,406	Series 2020-1A-A	2.22	%(a)	09/25/2045	4,296,596
		Carvana Auto Receivables Trust
	3,756,958	Series 2024-N1-A2	5.76	%(a)	04/12/2027	3,767,405
	3,100,295	Series 2024-P1-A2	5.50	%(a)	08/10/2027	3,108,864
	8,000,000	Series 2024-P3-A4	4.31	%	09/10/2030	7,843,754
		Castlelake Aircraft Securitization Trust
	2,510,209	Series 2019-1A-A	3.97	%(a)	04/15/2039	2,403,673
		College Avenue Student Loans LLC
	578,152	Series 2017-A-B	4.50	%(a)	11/26/2046	548,357
		Compass Datacenters LLC
	8,585,000	Series 2024-1A-A1	5.25	%(a)	02/25/2049	8,548,287
		Diamond Resorts Owner Trust
	1,092,411	Series 2021-1A-C	2.70	%(a)	11/21/2033	1,067,959
		DigitalBridge Group, Inc.
	5,000,000	Series 2023-1A-A2A	5.00	%(a)	09/15/2048	4,924,789
		Exeter Automobile Receivables Trust
	1,551,587	Series 2021-1A-D	1.08	%	11/16/2026	1,536,429
	10,000,000	Series 2021-1A-E	2.21	%(a)	02/15/2028	9,802,259
	5,189,000	Series 2024-5A-A3	4.45	%	03/15/2028	5,180,623
		General Motors Financial Co., Inc.
	283,727	Series 2021-2-B	0.69	%	01/19/2027	283,190
		Global Sea Containers Two SRL
	2,630,369	Series 2020-1A-A	2.17	%(a)	10/17/2040	2,479,135
		GLS Auto Receivables Trust
	2,775,576	Series 2023-4A-A2	6.40	%(a)	12/15/2026	2,781,597
		GreenSky Home Improvement Issuer Trust
	6,200,000	Series 2024-2-B	5.26	%(a)	10/27/2059	6,187,605
		HERO Funding Trust
	638,244	Series 2016-1A-A	4.05	%(a)	09/20/2041	594,777
		Horizon Aircraft Finance Ltd.
	12,279,296	Series 2019-2-A	3.43	%(a)	11/15/2039	11,508,856
		Jack in the Box, Inc.
	4,345,688	Series 2019-1A-A2II	4.48	%(a)	08/25/2049	4,264,604
		Jimmy Johns LLC
	11,191,875	Series 2017-1A-A2II	4.85	%(a)	07/30/2047	10,977,459
		Laurel Road Prime Student Loan Trust
	515,396	Series 2017-B-CFX	3.61	%(a)	08/25/2042	507,699
		Lendbuzz Securitization Trust
	2,135,622	Series 2022-1A-A	4.22	%(a)	05/17/2027	2,127,139

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	3,000,000	Series 2024-3A-A2	4.97	%(a)	10/15/2029	3,000,666
		Loanpal Solar Loan Ltd.
	6,113,749	Series 2020-3GS-A	2.47	%(a)	12/20/2047	4,857,653
	3,814,465	Series 2021-1GS-A	2.29	%(a)	01/20/2048	3,019,031
		Mosaic Solar Loans LLC
	516,622	Series 2017-1A-A	4.45	%(a)	06/20/2042	503,067
	4,337,750	Series 2020-2A-B	2.21	%(a)	08/20/2046	3,483,614
		Navient Student Loan Trust
	2,820,706	Series 2018-A-B	3.68	%(a)	02/18/2042	2,755,415
	6,002,409	Series 2022-A-A	2.23	%(a)	07/15/2070	5,389,931
		Pagaya AI Debt Selection Trust
	1,014,173	Series 2021-2-NOTE	3.00	%(a)	01/25/2029	1,002,150
	6,213,172	Series 2021-5-C	3.93	%(a)	08/15/2029	6,038,416
	7,170,371	Series 2022-1-B	3.34	%(a)	10/15/2029	7,155,241
		Prosper Marketplace Issuance Trust
	179,897	Series 2023-1A-A	7.06	%(a)	07/16/2029	180,314
	2,300,000	Series 2023-1A-B	7.48	%(a)	07/16/2029	2,320,747
		Purewest Funding LLC
	4,253,225	Series 2021-1-A1	4.09	%(a)	12/22/2036	4,180,697
		Santander Drive Auto Receivables LLC
	448,347	Series 2020-4-D	1.48	%	01/15/2027	447,390
		Sapphire Aviation Finance Ltd.
	13,065,898	Series 2020-1A-A	3.23	%(a)	03/15/2040	12,342,453
		Sierra Timeshare Conduit Receivables Funding LLC
	855,925	Series 2021-2A-C	1.95	%(a)	09/20/2038	823,372
		Slam Ltd.
	6,323,213	Series 2024-1A-A	5.34	%(a)	09/15/2049	6,202,465
		SOFI Alternative Trust
	2,447,795	Series 2021-1-PT1	9.72	%(a)(b)	05/25/2030	2,429,405
	3,164,401	Series 2021-2-A	1.25	%(a)	08/15/2030	3,117,014
	5,942,176	Series 2021-3-A	1.50	%(a)	11/15/2030	5,854,392
		Start/Bermuda
	1,768,823	Series 2018-1-A	4.09	%(a)	05/15/2043	1,754,294
		Taco Bell Corp.
	5,895,000	Series 2021-1A-A2I	1.95	%(a)	08/25/2051	5,511,618
		TAL Advantage LLC
	2,547,250	Series 2020-1A-A	2.05	%(a)	09/20/2045	2,369,437
		Tesla Sustainable Energy Trust
	12,000,000	Series 2024-1A-A2	5.08	%(a)	06/21/2050	11,997,584
		Thunderbolt Aircraft Lease
	6,769,531	Series 2018-A-A	4.15	%(a)(c)	09/15/2038	6,563,507
		TIF Funding LLC
	2,644,469	Series 2021-1A-A	1.65	%(a)	02/20/2046	2,341,449
		United Airlines Pass Through Trust
	7,909,926	Series 2020-1-A	5.88	%	10/15/2027	8,085,454
		Upgrade Master Pass-Thru Trust
	613,856	Series 2021-PT3-A	16.43	%(a)(b)	07/15/2027	569,066
		Upstart Pass-Through Trust Series
	213,574	Series 2020-ST5-A	3.00	%(a)	12/20/2026	212,223
	494,220	Series 2020-ST6-A	3.00	%(a)	01/20/2027	490,265
	324,900	Series 2021-ST3-A	2.00	%(a)	05/20/2027	320,857
		Westlake Automobile Receivables Trust
	4,984,449	Series 2023-4A-A2	6.23	%(a)	01/15/2027	5,005,640
		Willis Lease Finance Corp.
	5,623,077	Series 2020-A-A	3.23	%(a)	03/15/2045	5,297,641
		Total Asset Backed Obligations (Cost $274,891,216)				267,353,033
BANK LOANS - 2.6%
		1011778 BC ULC
	3,725,563	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	09/23/2030	3,712,375

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Ali Group North America Corp.
6,130,679	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.47	%	07/23/2029	6,155,386
	APi Group DE, Inc.
2,062,114	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	01/03/2029	2,065,125
	Aramark Services, Inc.
694,713	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.22	%	01/15/2027	696,018
379,225	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	06/24/2030	381,880
	Asplundh Tree Expert LLC
2,149,279	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.21	%	09/07/2027	2,155,609
	Avantor Funding, Inc.
308,492	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.50% Floor)	6.46	%	11/08/2027	310,678
	Axalta Coating Systems US Holdings, Inc.
798,731	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%, 0.00% Floor)	6.08	%	12/20/2029	801,890
	Burlington Coat Factory Warehouse Corp.
2,152,582	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	09/19/2031	2,161,558
	Calpine Corp.
2,480,886	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	01/31/2031	2,476,519
	Connect Finco SARL
126,176	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)	7.86	%	12/11/2026	125,191
	Corpay Technologies Operating Co. LLC
2,150,028	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	04/28/2028	2,150,404
	CPI Holdco B LLC
294,263	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	05/19/2031	294,026
	Cyborg Oldco DC Holdings, Inc.
333,309	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)	7.30	%(d)(e)	05/01/2026	1,833
	Delta 2 Lux Sarl
800,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.50% Floor)	6.33	%	09/19/2031	803,100
400,000	Senior Secured Term Loan (3 mo. Term SOFR + 2.00%)	6.35	%	09/19/2031	401,550
	Dynasty Acquisition Co., Inc.
264,533	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%)	6.61	%	10/31/2031	266,083
695,467	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.61	%	10/31/2031	699,542
	Element Solutions, Inc.
2,144,770	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	12/18/2030	2,151,086
	Energizer Holdings, Inc.
2,064,208	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	12/22/2027	2,072,279
	Froneri US, Inc.
622,044	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	09/29/2031	623,378
1,214,105	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	09/29/2031	1,216,709
322,882	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	09/29/2031	323,575
	Gen Digital, Inc.
2,146,835	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.50% Floor)	6.11	%	09/12/2029	2,142,659
	Go Daddy Operating T/L B8
2,151,334	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.15	%	11/09/2029	2,151,334
	HB Fuller Co.
2,146,023	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.50% Floor)	6.36	%	02/15/2030	2,163,471

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Hilton Domestic Operating Co., Inc.
2,147,934	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.09	%	11/08/2030	2,161,370
	Iron Mountain Information Management LLC
6,545,904	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	01/31/2031	6,554,087
	Lamar Media Corp.
4,879,350	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.50%, 0.00% Floor)	5.96	%	02/08/2027	4,871,202
	Marriott Ownership Resorts, Inc.
1,544,961	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)	6.61	%	04/01/2031	1,546,892
	NRG Energy, Inc.
2,140,728	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%, 0.00% Floor)	6.35	%	04/16/2031	2,145,823
	Resideo Funding, Inc.
855,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.15	%	02/14/2028	858,475
1,024,850	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	06/13/2031	1,029,339
	Reynolds Consumer Products LLC
2,152,729	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.21	%	02/04/2027	2,162,728
	Six Flags Entertainment Corp.
1,582,050	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	05/01/2031	1,588,971
	SS&C Technologies, Inc.
2,129,849	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)	6.36	%	05/09/2031	2,137,837
	Standard Industries, Inc./NY
1,543,811	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.50% Floor)	6.11	%	09/22/2028	1,549,516
	Stars Group Holdings BV (Amaya/Flutter) T/L 1L B
6,043,342	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%)	6.08	%	11/25/2030	6,037,691
	Tempur Sealy International, Inc.
2,670,000	Senior Secured First Lien Term Loan (Daily US Secured Overnight Financing Rate + 2.50%, 0.00% Floor)	6.81	%	10/24/2031	2,680,840
	Trans Union LLC
1,119,444	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.21	%	11/16/2026	1,121,722
5,766,025	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	06/24/2031	5,765,131
1,400,000	Senior Secured Term Loan (1 mo. Term SOFR + 1.75%)	6.20	%	06/24/2031	1,399,741
	Vestis Corp.
939,313	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)	6.76	%	02/24/2031	942,840
	Vistra Operations Co. LLC
6,247,838	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	12/20/2030	6,269,143
	Walker & Dunlop, Inc.
2,143,700	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)	6.71	%	12/18/2028	2,151,739
	WMG Acquisition Corp.
4,540,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.75%, 0.00% Floor)	6.34	%	01/24/2031	4,541,135
	Wyndham Hotels & Resorts, Inc.
2,139,282	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)	6.11	%	05/28/2030	2,145,400
	Ziggo Financing Partnership
235,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)	7.01	%	04/28/2028	234,310
	Total Bank Loans (Cost $98,159,426)				98,399,190

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
COLLATERALIZED LOAN OBLIGATIONS - 13.4%
		Allegro CLO Ltd.
	10,000,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.50%, 1.50% Floor)	6.78	%(a)	07/24/2037	10,083,594
		Anchorage Capital CLO Ltd.
	23,000,000	Series 2021-19A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)	6.13	%(a)	10/15/2034	23,011,590
		Atlas Senior Loan Fund Ltd.
	2,000,000	Series 2018-11A-B (3 mo. Term SOFR + 1.91%, 0.00% Floor)	6.53	%(a)	07/26/2031	2,002,583
		Battalion CLO Ltd.
	29,500,000	Series 2017-11A-AR (3 mo. Term SOFR + 1.41%, 1.15% Floor)	6.05	%(a)	04/24/2034	29,558,882
	10,000,000	Series 2021-20A-A (3 mo. Term SOFR + 1.44%, 1.18% Floor)	6.10	%(a)	07/15/2034	10,010,108
	10,000,000	Series 2022-23A-A1R (3 mo. Term SOFR + 1.42%, 1.42% Floor)	6.08	%(a)	10/15/2037	10,040,045
		Benefit Street Partners CLO Ltd.
	6,500,000	Series 2024-37A-A (3 mo. Term SOFR + 1.35%, 1.35% Floor)	5.70	%(a)	01/25/2038	6,500,430
		Bridge Street CLO Ltd.
	6,000,000	Series 2020-1A-A1R (3 mo. Term SOFR + 1.55%, 1.55% Floor)	6.17	%(a)	07/20/2037	6,055,837
	10,500,000	Series 2021-1A-A1A (3 mo. Term SOFR + 1.49%, 1.23% Floor)	6.11	%(a)	07/20/2034	10,517,828
		Carlyle Global Market Strategies
	10,000,000	Series 2022-2A-A1R (3 mo. Term SOFR + 1.36%, 1.36% Floor)	5.92	%(a)	01/20/2038	10,056,610
		CarVal CLO
	4,000,000	Series 2024-2A-A (3 mo. Term SOFR + 1.46%, 1.46% Floor)	6.75	%(a)	07/20/2037	4,016,355
		CBAM Ltd.
	10,000,000	Series 2017-1A-AR2 (3 mo. Term SOFR + 1.39%, 1.39% Floor)	5.77	%(a)	01/20/2038	10,000,000
	4,500,000	Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor)	6.10	%(a)	07/17/2034	4,508,619
		Cedar Funding Ltd.
	10,000,000	Series 2018-9A-AR (3 mo. Term SOFR + 1.42%, 1.42% Floor)	6.04	%(a)	07/20/2037	10,032,129
		CFIP CLO Ltd.
	10,350,000	Series 2017-1A-AR (3 mo. Term SOFR + 1.49%, 1.23% Floor)	6.12	%(a)	10/18/2034	10,370,215
		Halcyon Loan Advisors Funding Ltd.
	44,409	Series 2013-2A-D (3 mo. Term SOFR + 4.06%, 0.00% Floor)	8.63	%(a)	08/01/2025	20,966
		Jamestown CLO Ltd.
	15,000,000	Series 2016-9A-A1RR (3 mo. Term SOFR + 1.50%, 1.24% Floor)	6.13	%(a)	07/25/2034	15,009,109
		LCM LP
	5,424,376	Series 17A-A2RR (3 mo. Term SOFR + 1.41%, 1.15% Floor)	6.07	%(a)	10/15/2031	5,469,639
		Magnetite CLO Ltd.
	20,000,000	Series 2024-42A-A1 (3 mo. Term SOFR + 1.31%, 1.31% Floor)	5.62	%(a)	01/25/2038	20,083,194
		Marble Point CLO
	29,500,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.44%, 1.44% Floor)	6.06	%(a)	07/20/2037	29,603,288
	25,000,000	Series 2021-2A-A (3 mo. Term SOFR + 1.46%, 1.20% Floor)	6.09	%(a)	07/25/2034	25,050,920
	23,000,000	Series 2021-3A-A1 (3 mo. Term SOFR + 1.50%, 1.24% Floor)	6.15	%(a)	10/17/2034	23,039,049
		MP CLO Ltd.
	10,000,000	Series 2015-2A-ARR (3 mo. Term SOFR + 1.46%, 1.20% Floor)	6.08	%(a)	04/28/2034	10,021,087
		Nassau Global Credit LLC
	9,941,596	Series 2018-IA-A (3 mo. Term SOFR + 1.41%, 0.00% Floor)	6.07	%(a)	07/15/2031	9,952,379
		OCP CLO Ltd.
	20,000,000	Series 2017-14A-A1R (3 mo. Term SOFR + 1.37%, 1.37% Floor)	6.11	%(a)	07/20/2037	20,120,472
	9,000,000	Series 2020-18A-A1R2 (3 mo. Term SOFR + 1.37%, 1.37% Floor)	6.60	%(a)	07/20/2037	9,058,292
		Octagon Investment Partners Ltd.
	27,500,000	Series 2019-4A-A1RR (3 mo. Term SOFR + 1.40%, 1.40% Floor)	5.92	%(a)	08/12/2037	27,596,277
		OHA Credit Funding
	13,500,000	Series 2023-14A-A (3 mo. Term SOFR + 1.75%, 1.75% Floor)	6.37	%(a)	04/20/2036	13,555,528
		Sound Point CLO Ltd.
	25,000,000	Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.09	%(a)	07/15/2034	25,039,977
	20,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor)	6.05	%(a)	07/20/2034	20,038,530
	5,000,000	Series 2021-1A-A (3 mo. Term SOFR + 1.33%, 1.33% Floor)	5.96	%(a)	04/25/2034	5,009,639

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	10,000,000	Series 2024-40A-A1 (3 mo. Term SOFR + 1.39%, 1.39% Floor)	5.98	%(a)	10/20/2037	10,022,811
		Steele Creek CLO Ltd.
	11,000,000	Series 2019-1A-BR (3 mo. Term SOFR + 2.06%, 1.80% Floor)	6.72	%(a)	04/15/2032	11,036,243
	16,394,026	Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.09	%(a)	07/15/2032	16,419,166
	9,000,000	Series 2019-2A-BR (3 mo. Term SOFR + 2.11%, 1.85% Floor)	6.77	%(a)	07/15/2032	9,022,627
		Trimaran CAVU LLC
	20,000,000	Series 2021-3A-A (3 mo. Term SOFR + 1.47%, 1.21% Floor)	6.10	%(a)	01/18/2035	20,040,834
		Wellfleet CLO Ltd.
	15,990,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.48%, 1.22% Floor)	6.14	%(a)	07/15/2034	15,998,715
	10,000,000	Series 2022-1A-A1RN (3 mo. Term SOFR + 1.42%, 1.42% Floor)	6.08	%(a)	07/15/2037	10,012,014
		Wind River CLO Ltd.
	10,000,000	Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.05	%(a)	01/20/2035	10,019,196
		Total Collateralized Loan Obligations (Cost $516,706,750)				518,004,777
FOREIGN CORPORATE BONDS - 4.0%
	415,000	Adani International Container Terminal Pvt Ltd.	3.00	%	02/16/2031	341,960
	1,000,000	Adani Ports & Special Economic Zone Ltd.	4.00	%	07/30/2027	904,357
	600,000	Adani Transmission Step-One Ltd.	4.00	%	08/03/2026	551,828
	3,309,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust	6.45	%	04/15/2027	3,412,680
	1,535,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust	5.75	%	06/06/2028	1,564,632
	835,000	Aker BP ASA	5.60	%(a)	06/13/2028	846,801
	1,239,579	AL Candelaria Spain SA	7.50	%	12/15/2028	1,224,979
	508,000	Algonquin Power & Utilities Corp.	5.37	%(c)	06/15/2026	510,858
	3,585,000	Avolon Holdings Funding Ltd.	2.13	%(a)	02/21/2026	3,469,241
	4,150,000	BAE Systems PLC	5.00	%(a)	03/26/2027	4,169,284
	500,000	Banco Bilbao Vizcaya Argentaria Colombia SA	4.88	%	04/21/2025	498,867
	1,700,000	Banco Continental SAECA	2.75	%(a)	12/10/2025	1,644,786
	1,200,000	Banco de Bogota SA	6.25	%	05/12/2026	1,200,627
	2,000,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)	3.25	%(a)	09/30/2031	1,896,451
	200,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)	3.25	%	09/30/2031	189,645
	1,500,000	Banco Industrial SA/Guatemala  (5 yr. CMT Rate + 4.44%)	4.88	%	01/29/2031	1,472,250
	1,800,000	Banco Internacional del Peru SAA Interbank  (5 yr. CMT Rate + 3.71%)	4.00	%	07/08/2030	1,777,760
	1,800,000	Banco Santander SA  (1 yr. CMT Rate + 0.95%)	5.37	%	07/15/2028	1,812,878
	1,130,000	Bank of Ireland Group PLC  (SOFR + 1.62%)	5.60	%(a)	03/20/2030	1,141,229
	3,280,000	Bank of Montreal  (SOFR + 1.25%)	4.64	%	09/10/2030	3,217,312
	2,290,000	Barclays PLC  (SOFR + 1.34%)	4.84	%	09/10/2028	2,276,724
	145,000	BAT Capital Corp.	4.91	%	04/02/2030	143,295
	1,485,000	BAT International Finance PLC	1.67	%	03/25/2026	1,429,398
	1,800,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 4.31%)	5.88	%	09/13/2034	1,709,413
	1,705,000	BMW US Capital LLC  (SOFR + 0.62%)	5.16	%(a)	08/11/2025	1,708,803
	145,000	BMW US Capital LLC	4.65	%(a)	08/13/2029	142,407
	3,505,000	BPCE SA	2.38	%(a)	01/14/2025	3,502,138
	3,131,000	CaixaBank SA  (SOFR + 2.70%)	6.21	%(a)	01/18/2029	3,209,196
	200,000	Camposol SA	6.00	%	02/03/2027	192,353
	1,942,000	Canadian Imperial Bank of Commerce	3.95	%	08/04/2025	1,934,853
	1,800,000	Cemex SAB de CV  (5 yr. CMT Rate + 4.53%)	5.13	%(f)	06/08/2026	1,764,637
	300,000	Cencosud SA	4.38	%	07/17/2027	293,343
	2,569,049	Chile Electricity PEC SpA	0.00	%(a)	01/25/2028	2,165,708
	1,000,000	Cia de Minas Buenaventura SAA	5.50	%	07/23/2026	999,925

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
3,307,000	Commonwealth Bank of Australia  (SOFR + 0.40%)	5.08	%(a)	07/07/2025	3,309,858
1,700,000	Cosan Luxembourg SA	7.00	%	01/20/2027	1,696,745
2,248,000	Credit Agricole SA  (SOFR + 1.21%)	4.63	%(a)	09/11/2028	2,220,989
250,000	Credit Agricole SA  (SOFR + 1.21%)	5.70	%(a)	09/11/2028	251,695
7,850,000	Danske Bank AS  (1 yr. CMT Rate + 2.10%)	6.47	%(a)	01/09/2026	7,851,714
2,150,000	DBS Group Holdings Ltd.  (5 yr. CMT Rate + 1.10%)	1.82	%	03/10/2031	2,070,055
280,258	Digicel Group Holdings Ltd.	0.00	%(a)(e)	12/31/2030	49,787
1,635	Digicel Group Holdings Ltd.	0.00	%(a)(e)	12/31/2030	1,630
199,263	Digicel Group Holdings Ltd.	0.00	%(a)(e)	12/31/2030	4,599
3,062,000	Element Fleet Management Corp.	6.32	%(a)	12/04/2028	3,192,775
511,819	Empresa Electrica Angamos SA	4.88	%	05/25/2029	465,264
1,307,300	Empresa Electrica Cochrane SpA	5.50	%	05/14/2027	1,266,466
1,500,000	Empresas Publicas de Medellin ESP	4.25	%	07/18/2029	1,341,862
1,607,000	Enel Finance International NV	5.13	%(a)	06/26/2029	1,606,074
400,000	Energuate Trust	5.88	%	05/03/2027	391,732
237,647	Fenix Power Peru SA	4.32	%	09/20/2027	231,263
950,000	Freeport Indonesia PT	4.76	%(a)	04/14/2027	941,839
1,300,000	Freeport-McMoRan, Inc.	4.13	%	03/01/2028	1,265,732
298,000	Freeport-McMoRan, Inc.	4.25	%	03/01/2030	283,447
241,190	Galaxy Pipeline Assets Bidco Ltd.	1.75	%	09/30/2027	229,150
3,214,000	Glencore Funding LLC	4.00	%(a)	04/16/2025	3,205,972
2,680,000	Glencore Funding LLC  (SOFR + 1.06%)	5.75	%(a)	04/04/2027	2,690,211
1,500,000	Global Bank Corp.  (3 mo. LIBOR US + 3.30%)	5.25	%(g)	04/16/2029	1,412,670
500,000	Gold Fields Orogen Holdings BVI Ltd.	6.13	%	05/15/2029	506,653
1,000,000	Grupo de Inversiones Suramericana SA	5.50	%	04/29/2026	988,311
1,517,435	Guara Norte Sarl	5.20	%	06/15/2034	1,386,285
1,310,000	Holcim Finance US LLC	3.50	%(a)	09/22/2026	1,281,033
200,000	HSBC Holdings PLC  (SOFR + 3.03%)	7.34	%	11/03/2026	203,928
200,000	HSBC Holdings PLC  (SOFR + 1.04%)	5.57	%	11/19/2028	201,141
282,400	Hunt Oil Co. of Peru LLC Sucursal Del Peru	6.38	%(a)	06/01/2028	284,389
650,000	InRetail Shopping Malls	5.75	%	04/03/2028	643,672
750,000	Intercorp Financial Services, Inc.	4.13	%	10/19/2027	717,942
113,017	Interoceanica IV Finance Ltd. Series 2007	0.00	%(e)	11/30/2025	108,779
35,034	Invepar Holdings	0.00	%(d)(e)	12/30/2028	—
590,000	JSW Hydro Energy Ltd.	4.13	%	05/18/2031	532,784
1,700,000	KUO SAB De CV	5.75	%	07/07/2027	1,653,334
183,000	LYB Finance Co. BV	8.10	%(a)	03/15/2027	193,225
3,477,000	Marex Group PLC	6.40	%	11/04/2029	3,513,810
900,000	Medco Oak Tree Pte Ltd.	7.38	%	05/14/2026	917,016
400,000	MEGlobal Canada ULC	5.00	%	05/18/2025	399,364
400,000	MEGlobal Canada ULC	5.00	%(a)	05/18/2025	399,364
495,000	Mercedes-Benz Finance North America LLC	4.75	%(a)	08/01/2027	494,371
920,000	Mercedes-Benz Finance North America LLC	5.25	%(a)	11/29/2027	928,131
990,000	Mercedes-Benz Finance North America LLC	3.75	%(a)	02/22/2028	955,240
1,790,436	Mexico Generadora de Energia S de RL	5.50	%	12/06/2032	1,736,007
2,160,000	Millicom International Cellular SA	5.13	%	01/15/2028	2,083,003
900,000	Minerva Luxembourg SA	5.88	%	01/19/2028	886,813
4,245,000	Mitsubishi UFJ Financial Group, Inc.	3.78	%	03/02/2025	4,236,547
1,715,000	Mizuho Financial Group, Inc.  (SOFR + 0.96%)	5.49	%	05/22/2026	1,719,196
571,838	Mong Duong Finance Holdings BV	5.13	%	05/07/2029	550,067
1,278,570	MV24 Capital BV	6.75	%	06/01/2034	1,213,514
540,000	National Bank of Canada	4.50	%	10/10/2029	525,382
250,000	Nationwide Building Society  (SOFR + 1.91%)	6.56	%(a)	10/18/2027	256,609

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	3,288,000	NatWest Group PLC  (1 yr. CMT Rate + 1.22%)	4.96	%	08/15/2030	3,239,956
	1,000,000	NBM US Holdings, Inc.	7.00	%	05/14/2026	1,000,960
	1,000,000	Network i2i Ltd.  (5 yr. CMT Rate + 4.27%)	5.65	%(f)	01/15/2025	1,002,352
	1,650,000	Nexa Resources SA	5.38	%	05/04/2027	1,634,749
	2,410,000	Nutrien Ltd.	4.90	%	03/27/2028	2,410,058
	1,000,000	Orazul Energy Peru SA	5.63	%	04/28/2027	975,520
	1,300,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)	1.83	%	09/10/2030	1,269,870
	1,295,493	Prumo Participacoes e Investimentos S/A	7.50	%	12/31/2031	1,287,876
	1,725,000	Royal Bank of Canada  (SOFR + 0.53%)	5.15	%	01/20/2026	1,727,943
	1,626,000	South Bow USA Infrastructure Holdings LLC	4.91	%(a)	09/01/2027	1,621,058
	1,200,000	Telefonica Celular del Paraguay SA	5.88	%	04/15/2027	1,190,514
	507,000	TransCanada PipeLines Ltd.	4.88	%	01/15/2026	507,135
	910,000	UBS Group AG  (1 yr. CMT Rate + 1.60%)	6.33	%(a)	12/22/2027	933,912
	1,500,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.52%)	1.75	%	03/16/2031	1,442,339
	3,258,000	Videotron Ltd.	5.13	%(a)	04/15/2027	3,253,317
	330,000	Volkswagen Group of America Finance LLC	6.00	%(a)	11/16/2026	335,302
	2,840,000	Volkswagen Group of America Finance LLC	4.35	%(a)	06/08/2027	2,782,968
	7,110,000	Volkswagen Group of America Finance LLC	5.25	%(a)	03/22/2029	7,036,359
	2,520,000	Westpac Banking Corp.  (SOFR + 0.72%)	5.25	%	11/17/2025	2,528,411
		Total Foreign Corporate Bonds (Cost $155,617,922)				154,998,656
FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.4%
	1,800,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)	2.72	%	08/11/2031	1,659,560
	1,600,000	Bank Negara Indonesia Persero Tbk PT	3.75	%	03/30/2026	1,562,707
	752,198	Bioceanico Sovereign Certificate Ltd.	0.00	%	06/05/2034	581,449
	200,000	Comision Federal de Electricidad	4.69	%	05/15/2029	187,961
	1,900,000	Comision Federal de Electricidad	5.70	%(a)	01/24/2030	1,825,425
	1,800,000	Dominican Republic International Bond	5.50	%	02/22/2029	1,747,350
	600,000	Guatemala Government Bond	4.50	%	05/03/2026	589,200
	200,000	Guatemala Government Bond	5.25	%	08/10/2029	192,650
	1,400,000	Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT	4.75	%	05/15/2025	1,397,576
	951,375	Lima Metro Line 2 Finance Ltd.	5.88	%	07/05/2034	949,705
	1,500,000	Paraguay Government International Bond	5.00	%	04/15/2026	1,491,750
	200,000	Paraguay Government International Bond	4.70	%	03/27/2027	196,700
	1,000,000	Petrobras Global Finance BV	6.00	%	01/27/2028	999,620
	400,000	Republic of South Africa Government International Bond	4.88	%	04/14/2026	395,504
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $13,762,634)				13,777,157
NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.4%
		280 Park Avenue Mortgage Trust
	4,830,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)	5.66	%(a)	09/15/2034	4,796,938
		Alen Mortgage Trust
	2,000,000	Series 2021-ACEN-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)	6.16	%(a)	04/15/2034	1,686,500
		Arbor Multifamily Mortgage Securities Trust
	112,229,046	Series 2021-MF2-XA	1.11	%(a)(b)(h)	06/15/2054	5,906,087
		Arbor Realty Trust, Inc.
	40,902,000	Series 2020-MF1-XD	0.55	%(a)(b)(h)	05/15/2053	1,003,040
	1,404,009	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)	5.86	%(a)	11/15/2036	1,409,125
	7,224,856	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)	6.05	%(a)	01/15/2037	7,234,176

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
8,694,753	Series 2022-FL2-A (1 mo. Term SOFR + 1.85%, 1.85% Floor)	6.25	%(a)	05/15/2037	8,712,890
	AREIT Trust
2,006,437	Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor)	5.85	%(a)	01/20/2037	2,007,073
	BANK5 Trust
5,022,000	Series 2024-5YR10-AS	5.64	%	10/15/2057	5,077,388
	BBCMS Trust
15,176,000	Series 2018-TALL-F (1 mo. Term SOFR + 3.43%, 3.39% Floor)	7.83	%(a)	03/15/2037	10,851,549
11,001,000	Series 2019-BWAY-E (1 mo. Term SOFR + 2.96%, 2.85% Floor)	7.36	%(a)	11/15/2034	55,146
29,456,500	Series 2021-C10-XB	1.00	%(b)(h)	07/15/2054	1,617,719
21,205,000	Series 2021-C10-XD	1.68	%(a)(b)(h)	07/15/2054	1,807,345
	BB-UBS Trust
5,644,040	Series 2012-TFT-TE	3.56	%(a)(b)	06/05/2030	4,940,252
	BDS Ltd.
6,372,385	Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)	5.84	%(a)	12/16/2036	6,410,976
2,659,201	Series 2021-FL9-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)	5.56	%(a)	11/16/2038	2,654,846
1,841,944	Series 2022-FL11-ATS (1 mo. Term SOFR + 1.80%, 1.80% Floor)	6.17	%(a)	03/19/2039	1,845,796
7,500,000	Series 2024-FL13-A (1 mo. Term SOFR + 1.58%, 1.58% Floor)	5.94	%(a)	09/19/2039	7,544,805
	Benchmark Mortgage Trust
157,277,074	Series 2020-IG1-XA	0.51	%(b)(h)	09/15/2043	3,111,570
	BFLD Trust
3,012,000	Series 2024-VICT-A (1 mo. Term SOFR + 1.89%, 1.89% Floor)	6.29	%(a)	07/15/2041	3,024,966
	BHMS Mortgage Trust
165,041,500	Series 2018-ATLS-XCP	0.00	%(a)(b)(h)	07/15/2035	1,650
	BMO Mortgage Trust
93,480,969	Series 2024-5C5-XA	1.16	%(b)(h)	02/15/2057	4,229,902
	BrightSpire Capital, Inc.
7,019,810	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)	5.63	%(a)	08/19/2038	6,998,210
13,968,000	Series 2021-FL1-AS (1 mo. Term SOFR + 1.71%, 1.60% Floor)	6.08	%(a)	08/19/2038	13,881,496
6,702,000	Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor)	6.31	%(a)	08/19/2037	6,715,029
	BSPRT Co.-Issuer LLC
778,254	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)	5.61	%(a)	03/15/2036	777,549
7,450,000	Series 2023-FL10-AS (1 mo. Term SOFR + 2.86%, 2.86% Floor)	7.26	%(a)	09/15/2035	7,522,265
	BX Trust
1,000,000	Series 2018-GW-A (1 mo. Term SOFR + 1.10%, 0.80% Floor)	5.50	%(a)	05/15/2035	1,000,054
4,835,282	Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor)	5.76	%(a)	11/15/2036	4,814,582
3,460,098	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)	5.20	%(a)	10/15/2038	3,457,740
2,437,227	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)	6.85	%(a)	08/15/2039	2,451,675
4,830,000	Series 2024-GPA3-A (1 mo. Term SOFR + 1.29%, 1.29% Floor)	5.80	%(a)	12/15/2039	4,838,192
4,909,000	Series 2024-VLT4-A (1 mo. Term SOFR + 1.49%, 1.49% Floor)	5.89	%(a)	07/15/2029	4,935,650
	Carbon Capital VI Commercial Mortgage Trust
6,029,069	Series 2019-FL2-B (1 mo. Term SOFR + 2.96%, 2.85% Floor)	7.36	%(a)	10/15/2035	3,071,993
	CEDR Commercial Mortgage Trust
3,790,000	Series 2022-SNAI-A (1 mo. Term SOFR + 0.99%, 0.99% Floor)	5.39	%(a)	02/15/2039	3,629,353
	CFCRE Commercial Mortgage Trust
16,365,566	Series 2016-C4-XA	1.56	%(b)(h)	05/10/2058	206,988
16,201,000	Series 2017-C8-XB	0.89	%(b)(h)	06/15/2050	312,613
	Citigroup Commercial Mortgage Trust
10,750,000	Series 2015-GC31-C	4.03	%(b)	06/10/2048	5,418,980
16,976,250	Series 2016-GC36-XA	1.20	%(b)(h)	02/10/2049	137,134
3,096,000	Series 2016-P3-A4	3.33	%	04/15/2049	3,023,029
11,076,716	Series 2016-P3-XA	1.65	%(b)(h)	04/15/2049	109,571
2,519,000	Series 2016-P4-B	3.38	%	07/10/2049	2,283,692
11,719,347	Series 2016-P4-XA	1.89	%(b)(h)	07/10/2049	221,574

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
10,759,014	Series 2017-P7-XA	1.08	%(b)(h)	04/14/2050	194,183
	Citigroup/Deutsche Bank Commercial Mortgage Trust
15,833,631	Series 2016-C1-XA	1.36	%(b)(h)	05/10/2049	147,044
43,563,487	Series 2017-CD3-XA	0.95	%(b)(h)	02/10/2050	688,238
51,550,099	Series 2017-CD4-XA	1.22	%(b)(h)	05/10/2050	1,111,580
	Commercial Mortgage Pass Through Certificates
1,721,713	Series 2013-CR12-XA	0.58	%(b)(h)	10/10/2046	17
9,037,954	Series 2015-CR22-XA	0.74	%(b)(h)	03/10/2048	90
28,592,799	Series 2015-CR25-XA	0.78	%(b)(h)	08/10/2048	52,925
33,100,871	Series 2015-CR27-XA	0.90	%(b)(h)	10/10/2048	106,730
4,107,526	Series 2015-DC1-XA	0.84	%(b)(h)	02/10/2048	41
4,978,000	Series 2015-LC21-B	4.31	%(b)	07/10/2048	4,919,701
36,520,489	Series 2015-LC21-XA	0.60	%(b)(h)	07/10/2048	14,765
12,125,039	Series 2016-DC2-XA	0.91	%(b)(h)	02/10/2049	67,494
11,396,000	Series 2018-HCLV-D (1 mo. Term SOFR + 2.47%, 2.18% Floor)	6.87	%(a)	09/15/2033	2,912,495
	Computershare Corporate Trust
485,295	Series 2014-LC18-B	3.96	%	12/15/2047	480,121
5,073,040	Series 2015-C27-XA	0.73	%(b)(h)	02/15/2048	1,132
46,214,010	Series 2015-C30-XA	0.86	%(b)(h)	09/15/2058	103,103
21,985,665	Series 2015-NXS2-XA	0.58	%(b)(h)	07/15/2058	43,327
9,742,376	Series 2016-C33-XA	1.56	%(b)(h)	03/15/2059	114,554
20,247,402	Series 2016-NXS6-XA	1.59	%(b)(h)	11/15/2049	319,316
64,269,724	Series 2017-C38-XA	0.91	%(b)(h)	07/15/2050	1,095,118
20,211,832	Series 2019-C52-XA	1.56	%(b)(h)	08/15/2052	1,112,916
61,956,303	Series 2021-C59-XA	1.50	%(b)(h)	04/15/2054	4,123,000
5,250,000	Series 2022-ONL-A	3.86	%(a)	12/15/2039	4,895,835
	Credit Suisse Mortgage Capital Certificates
9,873,828	Series 2014-USA-X1	0.54	%(a)(b)(h)	09/15/2037	99
	CSAIL Commercial Mortgage Trust
5,797,007	Series 2015-C1-XA	0.45	%(b)(h)	04/15/2050	58
2,800,830	Series 2016-C6-XA	1.85	%(b)(h)	01/15/2049	38,482
121,997,881	Series 2021-C20-XA	0.99	%(b)(h)	03/15/2054	5,555,491
	Franklin BSP Realty Trust, Inc.
6,817,207	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)	6.10	%(a)	02/15/2037	6,805,537
	FS Rialto
6,938,928	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)	5.73	%(a)	05/16/2038	6,937,922
5,940,448	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)	5.76	%(a)	11/16/2036	5,943,941
	Granite Point Mortgage Trust, Inc.
2,440,251	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)	5.74	%(a)	07/16/2035	2,417,944
3,610,193	Series 2021-FL4-A (1 mo. Term SOFR + 1.46%, 1.35% Floor)	5.82	%(a)	12/15/2036	3,573,109
	Great Wolf Trust
8,770,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)	5.94	%(a)	03/15/2039	8,795,942
	Greystone Commercial Real Estate Notes
1,791,565	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)	5.53	%(a)	07/15/2039	1,791,864
10,700,000	Series 2021-FL3-C (1 mo. Term SOFR + 2.11%, 2.00% Floor)	6.51	%(a)	07/15/2039	10,650,427
	GS Mortgage Securities Corp. II
345,436	Series 2014-GC24-XA	0.33	%(b)(h)	09/10/2047	3
27,297,099	Series 2015-GC32-XA	0.68	%(b)(h)	07/10/2048	34,749
8,235,310	Series 2015-GS1-XA	0.75	%(b)(h)	11/10/2048	31,133
13,866,053	Series 2016-GS2-XA	1.72	%(b)(h)	05/10/2049	189,114
23,930,416	Series 2016-GS3-XA	1.18	%(b)(h)	10/10/2049	329,658
2,314,000	Series 2018-GS10-WLSD	4.90	%(a)(b)	03/10/2033	205,994
2,893,000	Series 2018-GS10-WLSE	4.90	%(a)(b)	03/10/2033	234,754
5,000,000	Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor)	6.80	%(a)	07/15/2031	762,300
5,000,000	Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor)	7.50	%(a)	07/15/2031	420,577
5,000,000	Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor)	8.62	%(a)	07/15/2031	74,550
	GSCG Trust
14,505,000	Series 2019-600C-E	3.99	%(a)(b)	09/06/2034	609,210
	JP Morgan Chase Commercial Mortgage Securities

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
1,124,348	Series 2014-C20-B	4.40	%(b)	07/15/2047	1,100,451
13,463,167	Series 2015-JP1-XA	0.88	%(b)(h)	01/15/2049	65,925
30,305,914	Series 2016-JP4-XA	0.57	%(b)(h)	12/15/2049	236,707
336,000	Series 2018-WPT-CFX	4.95	%(a)	07/05/2033	268,355
4,216,000	Series 2019-UES-C	4.34	%(a)	05/05/2032	4,030,728
4,314,000	Series 2019-UES-D	4.45	%(a)(b)	05/05/2032	4,096,527
5,040,000	Series 2019-UES-E	4.45	%(a)(b)	05/05/2032	4,698,021
5,287,000	Series 2019-UES-F	4.45	%(a)(b)	05/05/2032	4,798,375
5,775,000	Series 2019-UES-G	4.45	%(a)(b)	05/05/2032	5,067,187
6,153,490	Series 2022-NLP-A (1 mo. Term SOFR + 0.60%, 0.60% Floor)	4.99	%(a)	04/15/2037	6,022,868
	JPMBB Commercial Mortgage Securities Trust
3,912,831	Series 2014-C25-XA	0.54	%(b)(h)	11/15/2047	39
12,061,750	Series 2015-C29-XA	0.52	%(b)(h)	05/15/2048	8,278
20,545,979	Series 2015-C30-XA	0.41	%(b)(h)	07/15/2048	16,100
8,319,955	Series 2015-C31-XA	0.80	%(b)(h)	08/15/2048	19,257
13,181,955	Series 2015-C32-XA	1.09	%(b)(h)	11/15/2048	34,212
5,380,000	Series 2015-C33-AS	4.02	%	12/15/2048	5,294,462
	KREF
5,911,754	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)	5.57	%(a)	02/15/2039	5,903,980
7,942,000	Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)	6.15	%(a)	02/15/2039	7,813,427
8,340,311	Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor)	5.82	%(a)	02/17/2039	8,337,550
	Ladder Capital Commercial Mortgage Securities LLC
6,367,000	Series 2021-FL3-AS (1 mo. Term SOFR + 1.91%, 1.91% Floor)	6.31	%(a)	11/15/2038	6,327,773
2,400,000	Series 2021-FL3-B (1 mo. Term SOFR + 2.31%, 2.31% Floor)	6.71	%(a)	11/15/2038	2,366,954
	LoanCore
4,820,267	Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor)	5.81	%(a)	07/15/2036	4,823,824
4,618,205	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)	5.81	%(a)	11/15/2038	4,619,410
6,280,310	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)	6.15	%(a)	01/17/2037	6,292,958
	LSTAR Commercial Mortgage Trust
5,926,000	Series 2016-4-XA	1.67	%(a)(b)(h)	03/10/2049	56,500
59,254,103	Series 2017-5-X	0.84	%(a)(b)(h)	03/10/2050	776,223
	Lument Finance Trust, Inc.
5,179,563	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)	5.68	%(a)	06/15/2039	5,190,792
	MF1 Multifamily Housing Mortgage Loan Trust
727,723	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)	5.59	%(a)	07/16/2036	726,111
3,578,277	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)	5.72	%(a)	02/19/2037	3,582,064
12,550,000	Series 2022-FL8-AS (1 mo. Term SOFR + 1.75%, 1.75% Floor)	6.12	%(a)	02/19/2037	12,368,283
6,770,706	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)	6.52	%(a)	06/19/2037	6,783,164
7,200,000	Series 2024-FL15-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)	6.06	%(a)	08/18/2041	7,226,489
	MFT Trust
8,933,000	Series 2020-ABC-D	3.48	%(a)(b)	02/10/2042	4,334,438
	Morgan Stanley ABS Capital I, Inc.
3,761,461	Series 2024-NSTB-A	3.90	%(a)(b)	09/24/2057	3,633,509
	Morgan Stanley Bank of America Merrill Lynch Trust
9,392,585	Series 2012-CKSV-CK	4.16	%(a)(b)	10/15/2030	6,006,161
7,513,000	Series 2015-C23-AS	4.00	%(b)	07/15/2050	7,445,384
15,614,398	Series 2016-C28-XA-XA	1.14	%(b)(h)	01/15/2049	123,686
	Morgan Stanley Capital I, Inc.
711,000	Series 2019-NUGS-F (1 mo. Term SOFR + 2.96%, 4.34% Floor)	7.36	%(a)	12/15/2036	10,852
13,327,000	Series 2019-PLND-E (1 mo. Term SOFR + 2.26%, 2.15% Floor)	6.66	%(a)	05/15/2036	280,876
1,331,000	Series 2019-PLND-F (1 mo. Term SOFR + 2.91%, 2.80% Floor)	7.31	%(a)	05/15/2036	9,383
	Natixis Commercial Mortgage Securities Trust
9,940,000	Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor)	7.75	%(a)	06/15/2035	4,443,417
4,742,000	Series 2020-2PAC-AMZ2	3.50	%(a)(b)	01/15/2037	3,213,558
	OPG Trust
4,326,461	Series 2021-PORT-A (1 mo. Term SOFR + 0.60%, 0.48% Floor)	5.00	%(a)	10/15/2036	4,311,799

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Ready Capital Corp.
	6,786,894	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.65	%(a)	11/25/2036	6,814,815
	4,912,892	Series 2022-FL10-A (1 mo. Term SOFR + 2.55%, 2.55% Floor)	6.89	%(a)	10/25/2039	4,941,185
		ROCK Trust
	3,730,000	Series 2024-CNTR-A	5.39	%(a)	11/13/2041	3,723,851
		SLG Office Trust
	168,062,650	Series 2021-OVA-X	0.26	%(a)(b)(h)	07/15/2041	2,191,554
		Starwood Property Mortgage Trust
	459,000	Series 2019-FL1-C (1 mo. Term SOFR + 2.06%, 2.06% Floor)	6.46	%(a)	07/15/2038	454,200
	4,160,030	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.69	%(a)	04/18/2038	4,145,753
		STWD Trust
	1,015,000	Series 2021-FLWR-B (1 mo. Term SOFR + 1.04%, 0.93% Floor)	5.44	%(a)	07/15/2036	1,014,148
		TPG Real Estate Finance Issuer Ltd.
	11,257,189	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)	6.03	%(a)	02/15/2039	11,238,896
	5,000,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)	6.53	%(a)	02/15/2039	4,976,640
		UBS Commercial Mortgage Trust
	63,402,968	Series 2018-C13-XA	0.77	%(b)(h)	10/15/2051	1,439,831
		VEGAS Trust
	3,698,000	Series 2024-TI-A	5.52	%(a)	11/10/2039	3,710,138
		VMC Finance LLC
	865,059	Series 2022-FL5-A (30 day avg SOFR US + 1.90%, 1.90% Floor)	6.50	%(a)	02/18/2039	866,349
		WF-RBS Commercial Mortgage Trust
	248,823	Series 2014-C21-XA	0.50	%(b)(h)	08/15/2047	494
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $595,247,454)				437,927,602
NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 10.9%
		ACE Securities Corp.
	4,379,892	Series 2006-CW1-A2D (1 mo. Term SOFR + 0.63%, 0.52% Floor)	4.97	%	07/25/2036	3,486,259
	6,870,786	Series 2007-WM1-A2B (1 mo. Term SOFR + 0.35%, 0.24% Floor)	4.69	%	11/25/2036	2,755,454
		Adjustable Rate Mortgage Trust
	4,355,270	Series 2006-1-6A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor)	4.71	%	03/25/2036	2,535,628
		AJAX Mortgage Loan Trust
	3,104,782	Series 2021-C-A	5.12	%(a)(c)	01/25/2061	3,108,029
		American Home Mortgage Investment Trust
	1,949,603	Series 2004-2-M1 (1 mo. Term SOFR + 1.01%, 0.90% Floor, 11.00% Cap)	5.35	%	02/25/2044	1,803,344
		Angel Oak Mortgage Trust LLC
	1,980,015	Series 2020-2-A1A	2.53	%(a)(b)	01/26/2065	1,830,600
	354,511	Series 2020-6-A3	1.78	%(a)(b)	05/25/2065	320,546
	6,594,176	Series 2021-7-A1	1.98	%(a)(b)	10/25/2066	5,584,096
		Arroyo Mortgage Trust
	736,725	Series 2019-1-A1	3.81	%(a)(b)	01/25/2049	710,951
	424,613	Series 2019-2-A2	3.50	%(a)(b)	04/25/2049	406,291
	3,280,158	Series 2019-3-A3	3.42	%(a)(b)	10/25/2048	3,091,977
		Banc of America Funding Corp.
	908,021	Series 2006-7-T2A1-T2A1	5.88	%(b)	10/25/2036	780,812
	9,087,975	Series 2015-R2-4A2 (1 mo. Term SOFR + 0.28%, 0.17% Floor)	1.79	%(a)	09/29/2036	7,460,557
	1,817,203	Series 2015-R2-9A2	3.87	%(a)(i)	03/27/2036	1,636,238
		Banc of America Mortgage Securities, Inc.
	854,730	Series 2005-I-2A5	5.03	%(b)	10/25/2035	790,334
	1,939,533	Series 2007-3-1A1	6.00	%	09/25/2037	1,538,469
		BCAP LLC Trust
	6,611,973	Series 2009-RR4-7A2	6.00	%(a)(b)	03/26/2037	2,294,054
	1,204,848	Series 2012-RR1-3A4	5.50	%(a)(b)	10/26/2035	767,984
		BRAVO Residential Funding Trust
	1,603,360	Series 2021-NQM2-A3	1.44	%(a)(b)	03/25/2060	1,548,017
	7,629,385	Series 2022-RPL1-A1	2.75	%(a)(b)	09/25/2061	6,897,306

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Citigroup Mortgage Loan Trust, Inc.
1,300,044	Series 2020-EXP1-A1A	1.80	%(a)(b)	05/25/2060	1,193,855
	Citimortgage Alternative Loan Trust
531,298	Series 2007-A5-1A10	5.75	%	05/25/2037	475,508
	COLT Funding LLC
80,576	Series 2020-3-A3	2.38	%(a)(b)	04/27/2065	78,315
2,543,712	Series 2021-1R-A1	0.86	%(a)(b)	05/25/2065	2,177,795
4,221,665	Series 2021-5-A1	1.73	%(a)(b)	11/26/2066	3,710,710
5,126,669	Series 2022-2-A1	2.99	%(a)(c)	02/25/2067	4,706,022
	Countrywide Alternative Loan Trust
265,406	Series 2005-23CB-A15	5.50	%	07/25/2035	213,581
894,343	Series 2005-28CB-1A6-1A6	5.50	%	08/25/2035	756,035
3,682,607	Series 2005-49CB-A6	5.50	%	11/25/2035	2,343,893
1,433,053	Series 2005-61-1A2 (1 mo. Term SOFR + 0.85%, 0.74% Floor)	5.19	%	12/25/2035	1,262,974
6,680,749	Series 2005-62-1A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor)	5.05	%	12/25/2035	5,026,950
7,281,812	Series 2006-16CB-A5	6.00	%	06/25/2036	3,814,514
1,423,891	Series 2006-32CB-A21	5.50	%	11/25/2036	765,777
2,255,872	Series 2006-34-A6	6.25	%	11/25/2046	1,076,867
5,648,801	Series 2006-36T2-1A3	5.75	%	12/25/2036	2,145,234
1,321,437	Series 2006-J4-2A9	6.00	%	07/25/2036	768,120
1,444,847	Series 2006-J6-A5	6.00	%	09/25/2036	666,542
1,687,492	Series 2006-OA12-A1B (1 mo. Term SOFR + 0.30%, 0.19% Floor)	4.67	%	09/20/2046	1,700,430
3,409,602	Series 2006-OA21-A1 (1 mo. Term SOFR + 0.30%, 0.19% Floor)	4.67	%	03/20/2047	2,850,129
10,756,922	Series 2007-12T1-A11	6.00	%	06/25/2037	4,875,298
9,650,729	Series 2007-12T1-A5	6.00	%	06/25/2037	4,373,945
280,669	Series 2007-15CB-A7	6.00	%	07/25/2037	163,246
4,110,164	Series 2007-8CB-A1	5.50	%	05/25/2037	2,123,237
10,573,771	Series 2007-9T1-1A6	6.00	%	05/25/2037	5,112,229
	Countrywide Home Loan Mortgage Pass Through Trust
647,806	Series 2005-10-A2	5.50	%	05/25/2035	524,353
9,251,789	Series 2006-20-1A18 (1 mo. Term SOFR + 0.76%, 0.65% Floor, 6.00% Cap)	5.10	%	02/25/2037	3,373,861
1,550,596	Series 2006-21-A10	5.75	%	02/25/2037	660,761
537,174	Series 2007-14-A15	6.50	%	09/25/2037	297,656
	Credit Suisse First Boston Mortgage Securities Corp.
2,452	Series 2004-8-6A1	4.50	%	11/25/2034	1,802
437,216	Series 2005-9-5A9	5.50	%	10/25/2035	226,321
	Credit Suisse Management LLC
982,243	Series 2005-11-2A1	6.00	%	12/25/2035	668,248
47,394	Series 2005-11-8A5	6.00	%	12/25/2035	35,296
	Credit Suisse Mortgage Capital Certificates
8,452,381	Series 2009-8R-8A2	6.00	%(a)(b)	03/26/2037	2,932,592
245,485	Series 2011-12R-3A5	5.88	%(a)(b)	07/27/2036	243,999
256,424	Series 2021-JR1-A1	5.47	%(a)(b)	09/27/2066	255,785
16,011,739	Series 2022-NQM1-A1	2.27	%(a)(b)	11/25/2066	14,269,705
	Cross Mortgage Trust
11,296,336	Series 2024-H5-A1	5.85	%(a)(c)	08/26/2069	11,328,780
	DB US Financial Markets Holding Corp.
303,404	Series 2014-RS1-1A2	6.50	%(a)(b)	07/27/2037	250,535
	Deutsche ALT-A Securities, Inc.
346,154	Series 2006-AB4-A1A	6.01	%(b)	10/25/2036	292,650
6,389,559	Series 2006-AR4-A1 (1 mo. Term SOFR + 0.37%, 0.26% Floor)	4.71	%	12/25/2036	2,132,160
4,239,869	Series 2006-AR4-A2 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap)	4.83	%	12/25/2036	1,318,261
184,943	Series 2007-OA2-A1 (12 Month US Treasury Average + 0.77%, 0.77% Floor)	5.60	%	04/25/2047	161,671
	Fannie Mae Connecticut Avenue Securities
4,031,286	Series 2024-R01-1M1 (30 day avg SOFR US + 1.05%, 1.05% Floor)	5.62	%(a)	01/25/2044	4,036,789

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	Freddie Mac Structured Agency Credit Risk Debt Notes
7,388,649	Series 2024-DNA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)	5.77	%(a)	05/25/2044	7,417,478
8,682,158	Series 2024-HQA2-M1 (30 day avg SOFR US + 1.20%, 0.00% Floor)	5.77	%(a)	08/25/2044	8,694,993
	GCAT
2,344,306	Series 2020-NQM2-A1	2.56	%(a)(c)	04/25/2065	2,234,563
6,240,007	Series 2021-NQM4-A3	1.56	%(a)(b)	08/25/2066	5,125,594
	GSAA Trust
5,068,247	Series 2006-19-A3A (1 mo. Term SOFR + 0.59%, 0.48% Floor)	4.93	%	12/25/2036	1,752,765
	GSR Mortgage Loan Trust
320,705	Series 2006-2F-3A4	6.00	%	02/25/2036	142,280
	Harborview Mortgage Loan Trust
2,030,513	Series 2006-1-2A1A (1 mo. Term SOFR + 0.59%, 0.48% Floor)	4.96	%	03/19/2036	1,811,697
	Impac Secured Assets CMN Owner Trust
656,787	Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap)	4.99	%	02/25/2037	593,195
	Indymac Index Mortgage Loan Trust
605,594	Series 2006-AR5-2A1	3.67	%(b)	05/25/2036	573,569
	JP Morgan Alternative Loan Trust
32,329,360	Series 2005-S1-1A4	6.00	%	12/25/2035	10,450,498
2,980,512	Series 2007-S1-A2 (1 mo. Term SOFR + 0.79%, 0.68% Floor, 11.50% Cap)	5.13	%	04/25/2047	2,869,427
	JP Morgan Mortgage Acquisition Corp.
10,767,939	Series 2006-WMC2-A5 (1 mo. Term SOFR + 0.61%, 0.50% Floor)	4.95	%	07/25/2036	4,589,372
	JP Morgan Reremic
5,640,271	Series 2014-4-1C	0.00	%(a)(b)	01/26/2036	1,556,757
	Legacy Mortgage Asset Trust
2,442,151	Series 2021-GS1-A1	4.89	%(a)(c)	10/25/2066	2,444,733
	Lehman Mortgage Trust
182,928	Series 2006-1-1A3	5.50	%	02/25/2036	85,794
	Lehman XS Trust
8,630,248	Series 2007-15N-3A1 (1 mo. Term SOFR + 0.36%, 0.25% Floor)	4.95	%	08/25/2047	7,477,042
	Long Beach Mortgage Loan Trust
15,588,895	Series 2006-11-2A2 (1 mo. Term SOFR + 0.31%, 0.20% Floor)	4.65	%	12/25/2036	5,357,074
9,442,353	Series 2006-2-2A3 (1 mo. Term SOFR + 0.49%, 0.38% Floor)	4.83	%	03/25/2046	3,341,551
	Mastr Adjustable Rate Mortgages Trust
67,831	Series 2006-2-2A1	7.27	%(b)	04/25/2036	32,988
1,241,561	Series 2006-OA2-4A1A (12 Month US Treasury Average + 0.85%, 0.85% Floor)	5.68	%	12/25/2046	1,149,794
	Merrill Lynch Alternative Note Asset
330,599	Series 2007-F1-2A6	6.00	%	03/25/2037	114,088
	Merrill Lynch Mortgage Investors, Inc.
1,171,282	Series 2006-AF1-AF2C	6.25	%	08/25/2036	470,119
34,495,196	Series 2006-RM2-A1A (1 mo. Term SOFR + 0.48%, 0.37% Floor)	4.82	%	05/25/2037	9,563,569
4,288,888	Series 2007-HE2-A2A (1 mo. Term SOFR + 0.35%, 0.24% Floor)	4.69	%	02/25/2037	1,223,525
6,631,892	Series 2007-HE2-A2B (1 mo. Term SOFR + 0.53%, 0.42% Floor)	4.87	%	02/25/2037	1,891,880
	MFRA Trust
4,064,036	Series 2021-NQM2-A3	1.47	%(a)(b)	11/25/2064	3,574,262
	Morgan Stanley Mortgage Loan Trust
216,146	Series 2006-2-7A1	5.47	%(b)	02/25/2036	121,621
	Nomura Resecuritization Trust
3,154,732	Series 2015-8R-4A4	4.42	%(a)(b)	11/25/2047	2,660,393
	Onslow Bay Mortgage Loan Trust
388,820	Series 2020-EXP2-A3	2.50	%(a)(b)	05/25/2060	318,801
2,792,869	Series 2021-NQM2-A3	1.56	%(a)(b)	05/25/2061	2,275,317
5,599,934	Series 2022-NQM1-A1	2.31	%(a)(b)	11/25/2061	4,916,734
8,727,026	Series 2024-NQM10-A1	6.18	%(a)(c)	05/25/2064	8,803,923
8,525,304	Series 2024-NQM13-A1	5.12	%(a)	06/25/2064	8,441,217

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
15,594,016	Series 2024-NQM16-A1	5.53	%(a)(c)	10/25/2064	15,567,943
9,000,000	Series 2024-NQM18-A1	5.41	%(a)(b)	10/25/2064	8,984,881
	Pretium Mortgage Credit Partners LLC
21,217,255	Series 2021-NPL3-A1	4.87	%(a)(c)	07/25/2051	21,204,768
4,057,847	Series 2021-RN1-A1	4.99	%(a)(c)	02/25/2061	4,060,154
4,332,976	Series 2021-RN2-A1	4.74	%(a)(c)	07/25/2051	4,310,860
	PRPM LLC
3,892,525	Series 2021-6-A1	4.79	%(a)(c)	07/25/2026	3,888,803
	RALI Trust
454,124	Series 2006-QS12-2A3	6.00	%	09/25/2036	350,693
1,134,231	Series 2007-QS4-3A4	6.00	%	03/25/2037	945,688
1,412,396	Series 2007-QS4-3A9	6.00	%	03/25/2037	1,177,585
1,002,884	Series 2007-QS8-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)	5.05	%	06/25/2037	738,386
645,823	Series 2007-QS9-A33	6.50	%	07/25/2037	517,871
	RASC Trust
3,875,527	Series 2004-KS7-A2A (1 mo. Term SOFR + 0.69%, 0.58% Floor)	5.03	%	08/25/2034	3,744,821
	RBSSP Resecuritization Trust
495,461	Series 2009-2-3A2 (1 mo. Term SOFR + 0.61%, 0.50% Floor)	5.05	%(a)	04/26/2035	460,684
	Residential Asset Securitization Trust
689,375	Series 2006-A2-A11	6.00	%	01/25/2046	260,465
2,107,150	Series 2006-A6-1A4	6.00	%	07/25/2036	553,053
	Residential Mortgage Loan Trust
4,107,634	Series 2019-2-M1	3.86	%(a)(b)	05/25/2059	4,057,509
	RFMSI Trust
3,535,232	Series 2007-S1-A1 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)	5.05	%	01/25/2037	2,631,373
	Securitized Asset Backed Receivables LLC
5,690,362	Series 2006-WM3-A1 (1 mo. Term SOFR + 0.21%, 0.10% Floor)	4.55	%	10/25/2036	1,882,496
	Soundview Home Equity Loan Trust
825,275	Series 2007-OPT3-2A3 (1 mo. Term SOFR + 0.29%, 0.18% Floor)	4.63	%	08/25/2037	802,295
	Starwood Mortgage Residential Trust
8,000,000	Series 2020-2-M1E	3.00	%(a)	04/25/2060	7,759,896
	Structured Adjustable Rate Mortgage Loan Trust
1,010,025	Series 2005-22-4A1	5.60	%(b)	12/25/2035	929,825
	Velocity Commercial Capital Loan Trust
2,486,832	Series 2020-1-M2	2.98	%(a)(b)	02/25/2050	2,160,238
2,164,671	Series 2021-1-M2	2.26	%(a)(b)	05/25/2051	1,756,729
1,813,501	Series 2021-2-M2	2.20	%(a)(b)	08/25/2051	1,429,130
10,956,877	Series 2024-5-A	5.49	%(a)(b)	10/25/2054	10,824,000
	Vericrest Opportunity Loan Transferee
2,126,455	Series 2021-NP10-A1	4.99	%(a)(c)	05/25/2051	2,126,537
3,674,348	Series 2021-NP11-A1	4.87	%(a)(c)	08/25/2051	3,672,848
2,101,169	Series 2021-NPL1-A1	4.89	%(a)(c)	02/27/2051	2,101,209
317,728	Series 2021-NPL2-A1	4.89	%(a)(c)	02/27/2051	317,734
1,568,108	Series 2021-NPL5-A1	5.12	%(a)(c)	03/27/2051	1,568,874
1,129,033	Series 2021-NPL6-A1	5.24	%(a)(c)	04/25/2051	1,130,704
9,288,494	Series 2021-NPL8-A1	5.12	%(a)(c)	04/25/2051	9,298,664
	Verus Securitization Trust
166,078	Series 2020-4-A3	3.32	%(a)(c)	05/25/2065	162,494
13,413,596	Series 2021-7-A1	1.83	%(a)(c)	10/25/2066	11,831,809
1,333,331	Series 2021-R1-A3	1.26	%(a)(b)	10/25/2063	1,262,915
6,756,959	Series 2024-3-A1	6.34	%(a)(c)	04/25/2069	6,819,480
	WAMU Asset-Backed Certificates
1,559,163	Series 2007-HE4-2A3 (1 mo. Term SOFR + 0.28%, 0.28% Floor)	4.62	%	07/25/2047	891,858
	WaMu Mortgage Pass Through Certificates
2,121,148	Series 2005-AR4-A5	4.55	%(b)	04/25/2035	2,040,560
9,494,920	Series 2006-AR18-1A1	3.70	%(b)	01/25/2037	8,134,800
	Washington Mutual Alternative Mortgage Pass-Through Certificates
870,583	Series 2005-8-2CB3 (1 mo. Term SOFR + 0.52%, 0.41% Floor, 5.50% Cap)	4.86	%	10/25/2035	818,129

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Washington Mutual Asset-Backed Certificates
	6,032,296	Series 2006-HE5-2A2 (1 mo. Term SOFR + 0.47%, 0.36% Floor)	3.95	%	10/25/2036	2,109,503
	2,215,348	Series 2006-HE5-2A3 (1 mo. Term SOFR + 0.57%, 0.46% Floor)	3.95	%	10/25/2036	775,910
		Wells Fargo Alternative Loan Trust
	451,161	Series 2007-PA5-1A1	6.25	%	11/25/2037	392,319
		Wells Fargo Mortgage Backed Securities Trust
	1,121,844	Series 2007-15-A1	6.00	%	11/25/2037	1,042,365
	4,933,414	Series 2007-AR6-A2	7.06	%(b)	10/25/2037	4,728,146
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $510,962,212)				419,042,994
US CORPORATE BONDS - 9.9%
	795,000	AGCO Corp.	5.45	%	03/21/2027	803,018
	319,000	Agilent Technologies, Inc.	4.20	%	09/09/2027	315,132
	2,043,000	Albemarle Corp.	4.65	%	06/01/2027	2,027,361
	571,000	Ally Financial, Inc.  (SOFR + 3.26%)	6.99	%	06/13/2029	595,073
	426,000	Ally Financial, Inc.  (SOFR + 2.82%)	6.85	%	01/03/2030	441,808
	893,000	Altria Group, Inc.	6.20	%	11/01/2028	928,369
	960,000	American Electric Power Co., Inc.	5.20	%	01/15/2029	967,599
	3,342,000	American Express Co.  (SOFR + 1.00%)	5.53	%	02/16/2028	3,361,115
	1,663,000	American Homes 4 Rent LP	4.25	%	02/15/2028	1,623,438
	1,317,000	American National Group, Inc.	5.75	%	10/01/2029	1,319,521
	275,000	American Water Capital Corp.	3.75	%	09/01/2028	264,610
	1,855,000	Amgen, Inc.	5.51	%	03/02/2026	1,855,110
	2,991,000	Apache Corp.	4.25	%	01/15/2030	2,813,401
	5,796,000	Apollo Debt Solutions BDC	6.90	%(a)	04/13/2029	6,001,204
	2,980,000	AppLovin Corp.	5.13	%	12/01/2029	2,973,896
	3,381,000	Ares Capital Corp.	3.88	%	01/15/2026	3,344,227
	1,137,000	Ares Strategic Income Fund	5.70	%(a)	03/15/2028	1,137,224
	3,276,000	Arrow Electronics, Inc.	5.15	%	08/21/2029	3,263,948
	4,180,000	Athene Global Funding  (SOFR + 0.85%)	5.39	%(a)	05/08/2026	4,180,820
	3,843,000	Athene Global Funding	4.72	%(a)	10/08/2029	3,750,972
	3,380,000	Atlas Warehouse Lending Co. LP	6.05	%(a)	01/15/2028	3,386,209
	4,760,000	Atlas Warehouse Lending Co. LP	6.25	%(a)	01/15/2030	4,733,231
	591,000	Avery Dennison Corp.	4.88	%	12/06/2028	590,157
	2,715,000	Aviation Capital Group LLC	1.95	%(a)	09/20/2026	2,579,432
	687,000	Aviation Capital Group LLC	6.25	%(a)	04/15/2028	709,216
	504,000	Bank of America Corp.  (SOFR + 1.75%)	4.83	%	07/22/2026	504,098
	1,921,000	Bank of America Corp.  (3 mo. Term SOFR + 1.32%)	3.56	%	04/23/2027	1,890,719
	2,318,000	Blackstone Private Credit Fund	5.60	%(a)	11/22/2029	2,289,985
	1,681,000	Blackstone Secured Lending Fund	5.88	%	11/15/2027	1,707,989
	5,796,000	Blue Owl Capital Corp.	5.95	%	03/15/2029	5,821,493
	3,477,000	Blue Owl Credit Income Corp.	7.75	%	09/16/2027	3,652,198
	6,007,000	Blue Owl Credit Income Corp.	5.80	%(a)	03/15/2030	5,918,697
	2,173,000	Blue Owl Technology Finance Corp.	3.75	%(a)	06/17/2026	2,103,313
	5,367,000	Blue Owl Technology Finance Corp. II	6.75	%(a)	04/04/2029	5,402,398
	1,842,000	Bristol-Myers Squibb Co.  (SOFR + 0.49%)	5.01	%	02/20/2026	1,846,842
	377,000	Brixmor Operating Partnership LP	4.13	%	06/15/2026	373,259
	1,695,000	Broadcom, Inc.	3.15	%	11/15/2025	1,673,560
	1,653,000	Broadcom, Inc.	5.05	%	07/12/2029	1,659,817
	1,441,000	Broadcom, Inc.	4.35	%	02/15/2030	1,402,402
	478,000	Bunge Ltd. Finance Corp.	3.75	%	09/25/2027	465,566
	365,000	Cabot Corp.	4.00	%	07/01/2029	349,408

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
7,824,000	Capital One Financial Corp.  (SOFR + 2.16%)	4.99	%	07/24/2026	7,820,113
1,782,000	CenterPoint Energy, Inc.	5.40	%	06/01/2029	1,803,465
1,634,000	Charles Schwab Corp.  (SOFR + 1.05%)	5.56	%	03/03/2027	1,652,424
1,010,000	Charter Communications Operating LLC / Charter Communications Operating Capital	6.15	%	11/10/2026	1,030,008
1,664,000	Cheniere Energy Partners LP	4.50	%	10/01/2029	1,612,181
3,272,000	Cheniere Energy, Inc.	4.63	%	10/15/2028	3,203,318
5,969,000	Citigroup, Inc.  (SOFR + 1.34%)	4.54	%	09/19/2030	5,801,364
290,000	Citizens Financial Group, Inc.	4.30	%	12/03/2025	288,247
890,000	CNA Financial Corp.	3.90	%	05/01/2029	852,775
2,995,000	CNH Industrial Capital LLC	4.50	%	10/08/2027	2,968,435
3,477,000	Corebridge Global Funding	5.75	%(a)	07/02/2026	3,528,406
359,000	Coterra Energy, Inc.	3.90	%	05/15/2027	351,000
232,000	Coterra Energy, Inc.	4.38	%	03/15/2029	224,450
1,755,000	Crown Castle, Inc.	4.80	%	09/01/2028	1,736,012
4,165,000	Crown Castle, Inc.	4.90	%	09/01/2029	4,121,248
1,768,000	CubeSmart LP	4.38	%	02/15/2029	1,717,883
1,730,000	CVS Health Corp.	5.00	%	02/20/2026	1,729,224
1,502,000	Darden Restaurants, Inc.	4.35	%	10/15/2027	1,482,039
751,000	DCP Midstream Operating LP	5.13	%	05/15/2029	752,716
4,930,000	Dell International LLC / EMC Corp.	4.35	%	02/01/2030	4,772,059
655,000	Delta Air Lines, Inc.	7.38	%	01/15/2026	669,594
180,000	Delta Air Lines, Inc. / SkyMiles IP Ltd.	4.75	%(a)	10/20/2028	177,647
852,000	Devon Energy Corp.	5.25	%	10/15/2027	853,132
481,000	DOC DR LLC	4.30	%	03/15/2027	475,989
3,322,000	Edison International	5.45	%	06/15/2029	3,353,961
3,049,000	Edwards Lifesciences Corp.	4.30	%	06/15/2028	2,984,928
1,596,000	Eli Lilly & Co.	5.00	%	02/27/2026	1,596,037
3,340,000	Energy Transfer LP	6.05	%	12/01/2026	3,413,668
1,563,000	EnLink Midstream LLC	5.38	%	06/01/2029	1,564,066
3,550,000	Entergy Corp.	0.90	%	09/15/2025	3,453,386
249,000	EOG Resources, Inc.	4.15	%	01/15/2026	247,882
481,000	EPR Properties	4.95	%	04/15/2028	473,298
487,000	EQT Corp.	3.90	%	10/01/2027	473,865
585,000	EQT Corp.	7.00	%	02/01/2030	622,755
3,005,000	Equifax, Inc.	4.80	%	09/15/2029	2,968,671
3,515,000	Equinix, Inc.	1.25	%	07/15/2025	3,448,181
1,163,000	Essential Utilities, Inc.	4.80	%	08/15/2027	1,162,232
145,000	Essential Utilities, Inc.	3.57	%	05/01/2029	136,654
580,000	Eversource Energy	4.75	%	05/15/2026	579,919
1,705,000	Exelon Corp.	5.15	%	03/15/2029	1,714,363
3,398,000	Expedia Group, Inc.	6.25	%(a)	05/01/2025	3,400,426
3,050,000	Fifth Third Bank, Inc.	3.85	%	03/15/2026	3,013,510
1,129,000	FirstEnergy Transmission LLC	4.55	%(a)	01/15/2030	1,099,611
4,174,000	Fiserv, Inc.	4.75	%	03/15/2030	4,124,118
3,273,000	Ford Motor Credit Co. LLC	5.30	%	09/06/2029	3,209,430
1,862,000	Foundry JV Holdco LLC	5.90	%(a)	01/25/2030	1,889,316
935,000	GA Global Funding Trust	5.50	%(a)	01/08/2029	945,082
171,000	GATX Corp.	4.00	%	06/30/2030	162,209
3,293,000	GE HealthCare Technologies, Inc.	4.80	%	08/14/2029	3,263,399
1,740,000	General Mills, Inc.	4.00	%	04/17/2025	1,735,628
1,375,000	General Mills, Inc.	5.24	%	11/18/2025	1,375,025
3,315,000	General Motors Financial Co., Inc.	4.00	%	01/15/2025	3,313,670
3,420,000	General Motors Financial Co., Inc.	5.25	%	03/01/2026	3,431,182
2,767,000	Genuine Parts Co.	4.95	%	08/15/2029	2,760,188
1,275,000	Global Payments, Inc.	5.30	%	08/15/2029	1,277,923
2,183,000	Goldman Sachs Bank USA/New York NY  (SOFR + 0.77%)	5.25	%	03/18/2027	2,187,386
3,345,000	HCA, Inc.	5.38	%	02/01/2025	3,345,777
3,296,000	Hewlett Packard Enterprise Co.	4.55	%	10/15/2029	3,214,082

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
200,000	HSBC USA, Inc.  (SOFR + 0.96%)	5.46	%	03/04/2027	201,247
945,000	Huntington Bancshares, Inc./OH  (SOFR + 1.28%)	5.27	%	01/15/2031	946,056
2,495,000	Hyatt Hotels Corp.	5.75	%	01/30/2027	2,534,054
3,314,000	Hyundai Capital America	4.55	%(a)	09/26/2029	3,218,505
1,665,000	Icon Investments Six DAC	5.81	%	05/08/2027	1,693,542
3,341,000	IDEX Corp.	4.95	%	09/01/2029	3,328,556
2,033,000	Illumina, Inc.	4.65	%	09/09/2026	2,026,693
1,263,000	Interstate Power and Light Co.	3.60	%	04/01/2029	1,198,454
275,000	ITC Holdings Corp.	4.95	%(a)	09/22/2027	275,698
6,900,000	Jackson National Life Global Funding	4.60	%(a)	10/01/2029	6,714,404
2,955,000	JPMorgan Chase & Co.  (SOFR + 0.92%)	5.54	%	04/22/2028	2,973,202
1,761,000	Keysight Technologies, Inc.	3.00	%	10/30/2029	1,606,556
1,730,000	Kinder Morgan, Inc.	4.30	%	06/01/2025	1,726,302
1,735,000	Kinder Morgan, Inc.	5.00	%	02/01/2029	1,729,838
3,280,000	Laboratory Corp. of America Holdings	4.35	%	04/01/2030	3,165,381
2,278,000	Lear Corp.	4.25	%	05/15/2029	2,192,306
922,000	Lennar Corp.	5.25	%	06/01/2026	927,020
249,000	Lennox International, Inc.	5.50	%	09/15/2028	253,343
1,632,000	LPL Holdings, Inc.	4.63	%(a)	11/15/2027	1,607,203
1,485,000	M&T Bank Corp.  (SOFR + 0.93%)	4.83	%	01/16/2029	1,479,097
250,000	Manufacturers & Traders Trust Co.	4.65	%	01/27/2026	249,436
3,008,000	Marriott International, Inc./MD	4.80	%	03/15/2030	2,986,873
3,814,000	MasTec, Inc.	4.50	%(a)	08/15/2028	3,701,039
3,422,000	Merck Sharp & Dohme Corp.	5.95	%	12/01/2028	3,577,215
333,000	Meritage Homes Corp.	3.88	%(a)	04/15/2029	311,496
460,000	Microchip Technology, Inc.	4.25	%	09/01/2025	458,226
665,000	Microchip Technology, Inc.	5.05	%	03/15/2029	663,913
293,000	Micron Technology, Inc.	4.98	%	02/06/2026	293,454
1,317,000	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.	6.50	%(a)	06/20/2027	1,326,249
154,000	Mohawk Industries, Inc.	5.85	%	09/18/2028	158,414
2,923,000	Morgan Stanley	3.88	%	01/27/2026	2,901,856
3,350,000	Motorola Solutions, Inc.	5.00	%	04/15/2029	3,346,079
162,000	MPLX LP	4.80	%	02/15/2029	160,691
2,330,000	National Securities Clearing Corp.	4.90	%(a)	06/26/2029	2,333,737
345,000	New York Life Global Funding  (SOFR + 0.48%)	4.98	%(a)	06/09/2026	345,698
438,000	New York Life Global Funding	4.70	%(a)	01/29/2029	437,146
412,000	Newmont Corp. / Newcrest Finance Pty Ltd.	5.30	%	03/15/2026	415,109
3,228,000	NGPL PipeCo LLC	4.88	%(a)	08/15/2027	3,204,677
1,690,000	NiSource, Inc.	5.25	%	03/30/2028	1,705,116
1,203,000	NiSource, Inc.	5.20	%	07/01/2029	1,213,311
1,733,000	Norfolk Southern Corp.	7.80	%	05/15/2027	1,855,550
525,000	Northwestern Mutual Global Funding	4.11	%(a)	09/12/2027	518,125
1,385,000	Occidental Petroleum Corp.	5.20	%	08/01/2029	1,375,074
1,593,000	Omega Healthcare Investors, Inc.	4.75	%	01/15/2028	1,572,435
3,027,000	Oracle Corp.	5.80	%	11/10/2025	3,058,108
1,605,000	O’Reilly Automotive, Inc.	5.75	%	11/20/2026	1,634,094
145,000	O’Reilly Automotive, Inc.	4.20	%	04/01/2030	139,522
571,000	Owens Corning	3.50	%	02/15/2030	530,914
1,640,000	Pacific Gas and Electric Co.  (SOFR + 0.95%)	5.45	%	09/04/2025	1,642,900
4,604,000	Pacific Gas and Electric Co.	6.10	%	01/15/2029	4,767,741
319,000	Pacific Life Global Funding II  (SOFR + 0.62%)	5.12	%(a)	06/04/2026	320,040
3,020,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.	4.00	%(a)	07/15/2025	3,003,884
3,462,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.	4.40	%(a)	07/01/2027	3,418,146
1,934,000	PNC Financial Services Group, Inc.  (SOFR + 1.32%)	5.81	%	06/12/2026	1,942,434
652,000	Public Service Co. of Colorado	3.70	%	06/15/2028	629,946
2,196,000	Public Service Enterprise Group, Inc.	5.85	%	11/15/2027	2,259,588

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	2,335,000	Public Storage Operating Co.  (SOFR + 0.70%)	5.35	%	04/16/2027	2,347,457
	3,283,000	Quanta Services, Inc.	4.75	%	08/09/2027	3,279,881
	3,222,000	Quest Diagnostics, Inc.	4.20	%	06/30/2029	3,128,888
	264,000	RGA Global Funding	6.00	%(a)	11/21/2028	272,470
	3,770,000	Royalty Pharma PLC	1.75	%	09/02/2027	3,473,640
	191,000	Ryder System, Inc.	5.25	%	06/01/2028	193,138
	765,000	Ryder System, Inc.	4.95	%	09/01/2029	762,701
	878,000	Sempra	5.40	%	08/01/2026	886,310
	1,302,000	Sherwin-Williams Co.	4.55	%	03/01/2028	1,291,675
	3,006,000	Solventum Corp.	5.45	%(a)	02/25/2027	3,036,092
	1,635,000	Sonoco Products Co.	4.45	%	09/01/2026	1,624,555
	2,385,000	Southern California Edison Co.	4.90	%	06/01/2026	2,390,394
	1,685,000	Southern Co.	5.15	%	10/06/2025	1,691,186
	2,950,000	State Street Corp.  (SOFR + 1.35%)	5.75	%	11/04/2026	2,974,450
	3,042,000	Take-Two Interactive Software, Inc.	4.95	%	03/28/2028	3,041,201
	1,591,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.50	%	07/15/2027	1,603,543
	3,938,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.88	%	01/15/2029	4,038,313
	4,005,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.50	%	03/01/2030	4,020,159
	3,365,000	The Campbell’s Co.	3.95	%	03/15/2025	3,357,556
	1,325,000	The Campbell’s Co.	5.20	%	03/19/2027	1,337,591
	322,000	Timken Co.	4.50	%	12/15/2028	316,367
	510,000	Toll Brothers Finance Corp.	4.88	%	03/15/2027	509,926
	1,292,000	Uber Technologies, Inc.	6.25	%(a)	01/15/2028	1,304,017
	359,000	US Bancorp  (SOFR + 1.43%)	5.73	%	10/21/2026	361,533
	3,095,000	Utah Acquisition Sub, Inc.	3.95	%	06/15/2026	3,048,402
	1,682,000	Veralto Corp.	5.50	%	09/18/2026	1,702,286
	1,080,000	Veralto Corp.	5.35	%	09/18/2028	1,094,267
	3,496,000	VICI Properties LP / VICI Note Co., Inc.	4.25	%(a)	12/01/2026	3,440,350
	5,013,000	Wells Fargo & Co.  (SOFR + 1.07%)	5.69	%	04/22/2028	5,056,914
	3,390,000	Welltower OP LLC	4.00	%	06/01/2025	3,378,130
	391,000	Western Midstream Operating LP	6.35	%	01/15/2029	404,913
	1,553,000	Western Midstream Operating LP	4.05	%	02/01/2030	1,457,690
	3,008,000	Williams Cos., Inc.	4.80	%	11/15/2029	2,969,315
	722,000	Xcel Energy, Inc.	4.00	%	06/15/2028	699,043
		Total US Corporate Bonds (Cost $382,539,470)				381,343,438
US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 2.5%
		Federal Home Loan Mortgage Corp.
	4,433,443	Pool SD5219	6.00	%	04/01/2054	4,491,126
	2,025,084	Series 3072-FB (30 day avg SOFR US + 0.66%, 0.55% Floor, 7.00% Cap)	5.26	%	11/15/2035	2,013,234
	209,124	Series 3417-SM (-1 x 30 day avg SOFR US + 6.17%, 0.00% Floor, 6.28% Cap)	1.57	%(h)(j)	02/15/2038	18,167
	4,589,602	Series 4248-FT (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.21	%	09/15/2043	4,530,249
	3,602,794	Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)	5.21	%	11/15/2046	3,548,170
	1,696,140	Series 4917-FE (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)	5.13	%	10/25/2049	1,663,621
	5,707,523	Series 4990-FN (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)	5.03	%	05/25/2050	5,533,445
		Federal National Mortgage Association
	742,106	Pool AL2987 (1 yr. RFUCCT + 1.62%, 1.62% Floor, 7.31% Cap)	7.01	%	11/01/2042	765,490
	517,338	Pool BM3520 (1 yr. RFUCCT + 1.56%, 1.56% Floor, 6.98% Cap)	6.77	%	05/01/2045	534,875
	4,366,594	Pool FS6084	6.00	%	10/01/2053	4,418,260

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	131,470	Pool MA1200	3.00	%	10/01/2032	123,900
	4,035,139	Pool MA5086	5.00	%	07/01/2043	3,962,567
	3,928,871	Pool MA5112	5.00	%	08/01/2043	3,850,835
	1,823,608	Series 2014-10-KF (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)	5.13	%	03/25/2044	1,796,664
	1,572,473	Series 2016-8-FA (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)	5.13	%	03/25/2046	1,545,089
	5,677,921	Series 2019-25-SB (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)	1.37	%(h)(j)	06/25/2049	512,900
	4,516,762	Series 2019-43-FD (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)	5.08	%	08/25/2049	4,428,264
	2,649,372	Series 2019-49-FB (30 day avg SOFR US + 0.59%, 0.48% Floor, 6.50% Cap)	5.16	%	09/25/2049	2,598,084
	3,612,901	Series 2020-34-F (30 day avg SOFR US + 0.56%, 0.45% Floor, 6.50% Cap)	5.13	%	06/25/2050	3,524,984
	19,936,613	Series 2020-M49-1A1	1.26	%(b)	11/25/2030	18,078,285
	2,881,468	Series 2023-M4-A1	3.77	%(b)	09/25/2032	2,782,165
	2,220,660	Series 2024-90-FA (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)	6.07	%	12/25/2054	2,235,703
	3,594,966	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)	6.02	%	12/25/2054	3,629,497
		FREMF Mortgage Trust
	2,433,468	Series 2016-KF18-B (30 day avg SOFR US + 5.61%, 5.50% Floor)	10.28	%(a)	05/25/2026	2,418,277
	124,762,277	Series 2017-K67-X2B	0.10	%(a)(h)	09/25/2049	284,545
	2,481,119	Series 2017-KF30-B (30 day avg SOFR US + 3.36%, 3.25% Floor)	8.03	%(a)	03/25/2027	2,450,977
	845,940	Series 2018-KF44-B (30 day avg SOFR US + 2.26%, 2.15% Floor)	6.93	%(a)	02/25/2025	843,871
	878,676	Series 2019-KF69-B (30 day avg SOFR US + 2.41%, 2.30% Floor)	7.08	%(a)	08/25/2029	828,401
		Government National Mortgage Association
	4,580,831	Series 2015-161-GF (1 mo. Term SOFR + 0.41%, 0.30% Floor, 6.50% Cap)	4.78	%	11/20/2045	4,478,805
	1,826,820	Series 2016-121-JF (1 mo. Term SOFR + 0.51%, 0.40% Floor, 6.50% Cap)	4.88	%	09/20/2046	1,792,114
	2,615,202	Series 2022-183-B	5.00	%	04/20/2047	2,623,338
	2,632,848	Series 2024-25-AF (30 day avg SOFR US + 0.51%, 0.51% Floor, 6.50% Cap)	5.20	%	02/20/2049	2,497,689
		Total US Government and Agency Mortgage Backed Obligations (Cost $97,822,658)				94,803,591
US GOVERNMENT AND AGENCY OBLIGATIONS - 27.6%
	151,450,000	United States Treasury Note/Bond	0.38	%	12/31/2025	145,849,220
	130,500,000	United States Treasury Note/Bond	0.38	%	01/31/2026	125,234,009
	136,700,000	United States Treasury Note/Bond	0.75	%	03/31/2026	130,957,956
	51,800,000	United States Treasury Note/Bond	0.75	%	05/31/2026	49,343,383
	80,400,000	United States Treasury Note/Bond	0.63	%	07/31/2026	75,994,304
	93,100,000	United States Treasury Note/Bond	0.88	%	09/30/2026	87,872,204
	61,350,000	United States Treasury Note/Bond	0.63	%	03/31/2027	56,651,106
	49,700,000	United States Treasury Note/Bond	0.50	%	06/30/2027	45,321,153
	210,000,000	United States Treasury Note/Bond	0.75	%	01/31/2028	188,725,335
	190,000,000	United States Treasury Note/Bond	0.88	%	11/15/2030	155,499,597
		Total US Government and Agency Obligations (Cost $1,067,105,284)				1,061,448,267
COMMON STOCKS - 0.0%(k)
	9,129	Flame Aggregator - Series R(e)(l)				38,524
	907	Flame Aggregator - Series U(e)(l)				3,828
		Total Common Stocks (Cost $20,580)				42,352
SHORT TERM INVESTMENTS - 5.3%
	68,649,413	First American Government Obligations Fund - U	4.41	%(m)		68,649,413
	68,649,414	JPMorgan US Government Money Market Fund - IM	4.44	%(m)		68,649,414

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY		VALUE $
68,649,414	MSILF Government Portfolio - Institutional	4.42	%(m)			68,649,414
	Total Short Term Investments (Cost $205,948,241)					205,948,241
	Total Investments - 94.9% (Cost $3,918,783,847)					3,653,089,298
	Other Assets in Excess of Liabilities - 5.1%					198,140,338
	NET ASSETS - 100.0%				$	3,851,229,636

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	27.6	%
Collateralized Loan Obligations	13.4	%
Non-Agency Commercial Mortgage Backed Obligations	11.4	%
Non-Agency Residential Collateralized Mortgage Obligations	10.9	%
US Corporate Bonds	9.9	%
Asset Backed Obligations	6.9	%
Short Term Investments	5.3	%
Foreign Corporate Bonds	4.0	%
Bank Loans	2.6	%
US Government and Agency Mortgage Backed Obligations	2.5	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.4	%
Common Stocks	0.0	%(k)
Other Assets and Liabilities	5.1	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	27.6	%
Collateralized Loan Obligations	13.4	%
Non-Agency Commercial Mortgage Backed Obligations	11.4	%
Non-Agency Residential Collateralized Mortgage Obligations	10.9	%
Asset Backed Obligations	6.9	%
Short Term Investments	5.3	%
Banking	2.9	%
US Government and Agency Mortgage Backed Obligations	2.5	%
Finance	1.8	%
Energy	1.3	%
Utilities	1.3	%
Technology	1.0	%
Automotive	0.8	%
Hotels/Motels/Inns and Casinos	0.7	%
Healthcare	0.7	%
Insurance	0.6	%
Media	0.6	%
Transportation	0.5	%
Pharmaceuticals	0.4	%
Mining	0.4	%
Industrial Equipment	0.3	%
Real Estate	0.3	%
Chemicals/Plastics	0.3	%
Telecommunications	0.3	%
Food Products	0.3	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.3	%
Construction	0.2	%
Commercial Services	0.2	%
Consumer Products	0.2	%
Business Equipment and Services	0.2	%
Retailers (other than Food/Drug)	0.2	%
Aerospace & Defense	0.2	%
Diversified Manufacturing	0.2	%
IT Services	0.2	%
Electronics/Electric	0.1	%
Building and Development (including Steel/Metals)	0.1	%
Containers and Glass Products	0.1	%

Beverage and Tobacco	0.1	%
Financial Intermediaries	0.1	%
Conglomerates	0.0	%(k)
Food Service	0.0	%(k)
Chemical Products	0.0	%(k)
Financials	0.0	%(k)
Other Assets and Liabilities	5.1	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $1,570,002,105 or 40.8% of the Fund’s net assets.
(b)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(d)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(e)	Value determined using significant unobservable inputs.
(f)	Perpetual maturity. The date disclosed is the next call date of the security.
(g)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(h)	Interest only security
(i)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(j)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(k)	Represents less than 0.05% of net assets.
(l)	Non-income producing security.
(m)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
LIBOR	London Interbank Offered Rate
RFUCCT	Refinitiv USD IBOR Consumer Cash Fallbacks
SOFR	Secured Overnight Financing Rate

SWAP AGREEMENTS
EXCESS RETURN SWAPS
Reference Entity	Counterparty	Long/ Short	Financing Rate		Payment Frequency	Termination Date		Notional Amount		Value		Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	01/09/2025	$	100,000,000	$	9,199,178	$	—	$	9,199,178
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	02/19/2025		85,000,000		8,649,756		—		8,649,756
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	01/10/2025		97,000,000		7,808,942		—		7,808,942
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	02/13/2025		86,000,000		7,729,073		—		7,729,073
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Morgan Stanley	Long	0.36	%	Termination	03/05/2025		78,000,000		7,369,709		—		7,369,709
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	02/26/2025		80,000,000		7,334,084		—		7,334,084
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	04/23/2025		66,000,000		6,781,071		—		6,781,071
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Morgan Stanley	Long	0.36	%	Termination	01/08/2025		54,000,000		6,507,621		—		6,507,621
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	05/08/2025		60,000,000		6,088,367		—		6,088,367
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	03/12/2025		75,000,000		5,829,039		—		5,829,039
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	05/16/2025		86,000,000		5,817,109		—		5,817,109
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	08/28/2025		100,000,000		5,513,538		—		5,513,538
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	06/25/2025		82,000,000		5,366,899		—		5,366,899
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	04/30/2025		60,000,000		5,270,084		—		5,270,084
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	05/28/2025		84,000,000		5,095,000		—		5,095,000
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	06/06/2025		65,000,000		5,071,070		—		5,071,070
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	04/02/2025		93,000,000		5,040,359		—		5,040,359
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	04/09/2025		91,000,000		4,999,560		—		4,999,560
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	03/21/2025		65,000,000		4,836,546		—		4,836,546
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	01/30/2025		64,000,000		4,734,109		—		4,734,109
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	08/20/2025		83,000,000		4,710,532		—		4,710,532
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Morgan Stanley	Long	0.36	%	Termination	02/05/2025		47,000,000		4,612,783		—		4,612,783
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	07/09/2025		80,000,000		4,370,495		—		4,370,495
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	06/18/2025		60,000,000		4,359,656		—		4,359,656
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	07/31/2025		72,000,000		4,328,924		—		4,328,924
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Morgan Stanley	Long	0.36	%	Termination	01/15/2025		50,000,000		3,713,728		—		3,713,728
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	08/06/2025		83,000,000		3,607,406		—		3,607,406
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	06/12/2025		55,000,000		3,579,791		—		3,579,791
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	03/26/2025		62,000,000		3,287,450		—		3,287,450
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	08/15/2025		43,000,000		2,984,671		—		2,984,671
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	07/23/2025		98,000,000		2,364,982		—		2,364,982
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	09/05/2025		71,000,000		2,309,075		—		2,309,075

Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	07/18/2025	55,000,000		2,254,665		—		2,254,665
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	09/26/2025	70,000,000		1,536,711		—		1,536,711
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	09/11/2025	52,000,000		1,236,160		—		1,236,160
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	11/06/2025	80,000,000		1,034,023		—		1,034,023
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	10/16/2025	79,000,000		878,089		—		878,089
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	10/10/2025	85,000,000		869,530		—		869,530
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	09/19/2025	36,000,000		828,956		—		828,956
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	10/03/2025	85,000,000		729,317		—		729,317
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	10/29/2025	75,000,000		325,985		—		325,985
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	11/20/2025	65,000,000		(150,910		—		(150,910	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	10/24/2025	90,000,000		(241,440		—		(241,440	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	BNP Paribas Securities Corp.	Long	0.39	%	Termination	12/24/2025	85,000,000		(643,904		—		(643,904	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	11/14/2025	45,000,000		(1,373,252		—		(1,373,252	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Barclays Capital, Inc.	Long	0.40	%	Termination	11/26/2025	78,000,000		(2,876,829		—		(2,876,829	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	12/03/2025	93,000,000		(3,649,428		—		(3,649,428	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	01/28/2026	100,000,000		(5,072,264		—		(5,072,264	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Canadian Imperial Bank Of Commerce	Long	0.40	%	Termination	12/12/2025	89,000,000		(5,114,950		—		(5,114,950	)
Shiller Barclays CAPE® US Sector II ER USD Index (1)	Bank of America Securities, Inc.	Long	0.38	%	Termination	12/31/2025	90,000,000		(5,301,680		—		(5,301,680	)
								$	154,539,386	$	—	$	154,539,386

(1) Shiller Barclays CAPE^® US Sector II ER USD Index aims to provide notional long exposure to the top four United States equity sectors that are relatively undervalued, as defined by a modified version of the classic CAPE^® Ratio (the “Relative CAPE^® Indicator”) and that possess relatively strong price momentum over the prior twelve months. Each U.S. equity sector is represented by an index of equity securities of companies in the relevant sector. Information on the sector constituents as of December 31, 2024, is available on the Barclays Capital, Inc. website https://indices.cib.barclays/IM/12/en/indices/details.app;ticker=BXIICS2E.

DoubleLine Flexible Income Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	ASSET BACKED OBLIGATIONS - 5.8%
		Affirm, Inc.
	2,250,000	Series 2024-X2-D		6.08	%(a)	12/17/2029		2,255,602
		Amur Equipment Finance Receivables LLC
	650,000	Series 2021-1A-E		4.13	%(a)	03/20/2028		649,453
		Apollo Aviation Securitization Equity Trust
	1,107,915	Series 2022-1A-A		6.00	%(a)	05/16/2047		1,091,396
	1,964,278	Series 2024-1A-B		6.90	%(a)	05/16/2049		1,997,390
	2,456,908	Series 2024-2A-B		6.61	%(a)	09/16/2049		2,436,569
		Arivo Acceptance Auto Loan Receivables Trust
	513,000	Series 2021-1A-C		3.77	%(a)	03/15/2027		510,412
		Blue Stream Communications LLC
	1,000,000	Series 2024-1A-B		6.04	%(a)	11/20/2054		1,000,811
	1,000,000	Series 2024-1A-C		8.71	%(a)	11/20/2054		1,000,378
		Bojangles Issuer LLC
	1,000,000	Series 2024-1A-A2		6.58	%(a)	11/20/2054		989,109
		Business Jet Securities LLC
	1,889,671	Series 2024-2A-C		7.97	%(a)	09/15/2039		1,893,301
		CAI International, Inc.
	638,125	Series 2020-1A-B		3.50	%(a)	09/25/2045		597,928
		Castlelake Aircraft Securitization Trust
	2,468,915	Series 2018-1-B		5.30	%(a)	06/15/2043		2,098,733
		Cologix Data Centers US Issuer LLC
	2,250,000	Series 2021-1A-A2		3.30	%(a)	12/26/2051		2,137,534
		Compass Datacenters LLC
	1,500,000	Series 2024-1A-B		7.00	%(a)	02/25/2049		1,512,630
	500,000	Series 2024-2A-B2		6.00	%(a)	08/25/2049		491,532
		Diamond Resorts Owner Trust
	474,961	Series 2021-1A-D		3.83	%(a)	11/21/2033		463,207
		DigitalBridge Group, Inc.
	2,000,000	Series 2023-1A-B		5.75	%(a)	09/15/2048		1,959,322
		ExteNet LLC
	1,500,000	Series 2024-1A-C		9.05	%(a)	07/25/2054		1,524,104
		Falko Regional Aircraft Ltd.
	3,181,006	Series 2021-1A-A		5.75	%	04/15/2041		3,095,694
		GreenSky Home Improvement Issuer Trust
	600,000	Series 2024-2-D		6.43	%(a)	10/27/2059		604,419
		Jersey Mike’s Funding
	1,855,212	Series 2019-1A-A2		4.43	%(a)	02/15/2050		1,833,644
		JOL Air Ltd.
	853,013	Series 2019-1-B		4.95	%(a)	04/15/2044		838,483
		Lendingpoint Asset Securitization Trust
	1,389,955	Series 2022-C-B		7.46	%(a)	02/15/2030		1,391,374
		Loanpal Solar Loan Ltd.
	961,052	Series 2021-1GS-C		3.50	%(a)	01/20/2048		726,057
		Luminace Issuer LLC
	729,210	Series 2024-1-A		5.87	%(a)	10/30/2031		715,021
		Lunar Structured Aircraft Portfolio Notes
	2,628,097	Series 2021-1-C		5.68	%(a)	10/15/2046		2,552,261
		MAPS Ltd.
	104,380	Series 2021-1A-C		5.44	%(a)	06/15/2046		100,323
		Mariner Finance Issuance Trust
	2,250,000	Series 2024-BA-A		4.91	%(a)	11/20/2038		2,217,883
		Marlette Funding Trust
	750,000	Series 2022-1A-D		3.39	%(a)	04/15/2032		728,565
	2,500,000	Series 2022-3A-C		6.89	%(a)	11/15/2032		2,529,013

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Mosaic Solar Loans LLC
	230,928	Series 2018-1A-C		0.00	%(a)(b)	06/22/2043		223,420
		Pagaya AI Debt Selection Trust
	2,559,259	Series 2021-3-C		3.27	%(a)	05/15/2029		2,435,156
	1,350,000	Series 2021-5-CERT		0.00	%(a)(c)(d)	08/15/2029		50,643
	905,499	Series 2024-1-A		6.66	%(a)	07/15/2031		916,689
		Subway Funding LLC
	1,000,000	Series 2024-3A-A23		5.91	%(a)	07/30/2054		980,214
		Switch ABS Issuer LLC
	1,500,000	Series 2024-1A-B		6.50	%(a)	03/25/2054		1,512,353
	1,250,000	Series 2024-2A-C		10.03	%(a)	06/25/2054		1,295,196
		Tesla Sustainable Energy Trust
	1,500,000	Series 2024-1A-C		6.25	%(a)	06/21/2050		1,490,303
		Upstart Pass-Through Trust Series
	630,305	Series 2021-ST3-A		2.00	%(a)	05/20/2027		622,462
		Upstart Securitization Trust
	956,504	Series 2021-3-C		3.28	%(a)	07/20/2031		941,867
	4,000,000	Series 2021-4-C		3.19	%(a)	09/20/2031		3,869,338
	2,850,000	Series 2024-1-B		6.24	%(a)	11/20/2034		2,844,792
		Vivant Solar Financing V Parent LLC
	4,225,228	Series 2018-1A-A		4.73	%(a)	04/30/2048		3,960,681
		Willis Lease Finance Corp.
	941,281	Series 2018-A-A		4.75	%(a)(e)	09/15/2043		932,233
		Zephyrus Capital Aviation Partners
	532,602	Series 2018-1-A		4.61	%(a)	10/15/2038		515,853
		Total Asset Backed Obligations (Cost $65,511,185)						64,533,348
	BANK LOANS - 11.5%
		AAdvantage Loyalty IP Ltd.
	157,500	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.75%, 0.75% Floor)		9.63	%	04/20/2028		161,956
		ABG Intermediate Holdings 2 LLC
	54,810	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.59	%	12/21/2028		55,093
		Access CIG LLC
	318,814	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.50% Floor)		9.59	%	08/18/2028		322,315
		Acrisure LLC
	2,166,799	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%, 0.00% Floor)		7.36	%	11/06/2030		2,173,061
		Acuris Finance US, Inc.
	257,111	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.08	%	02/16/2028		259,129
		ADMI Corp.
	182,176	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.22	%	12/23/2027		179,443
	272,250	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.75%, 0.00% Floor)		10.11	%	12/23/2027		273,952
		AI Aqua Merger Sub, Inc.
	1,968,252	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		8.05	%	07/31/2028		1,972,366
		Air Canada
	173,688	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.34	%	03/21/2031		174,719
		AlixPartners LLP
	285,024	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		6.97	%	02/04/2028		286,489
		Alliant Holdings Intermediate LLC
	410,858	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	09/19/2031		412,423
		Allied Universal Holdco LLC
	2,642,011	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.21	%	05/15/2028		2,653,926

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Allspring Buyer LLC
	613,661	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.44	%	11/01/2030		615,425
		Alpha Generation LLC
	408,975	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	09/30/2031		412,349
		Alterra Mountain Co.
	336,121	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	08/17/2028		338,747
	188,814	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	05/31/2030		190,704
		Altice France SA
	390,601	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.50%, 0.00% Floor)		10.16	%	08/31/2028		314,727
		Amentum Holdings, Inc.
	470,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	09/29/2031		468,921
		Apple Bidco LLC
	121,250	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.50% Floor)		7.22	%	09/25/2028		122,094
		Applied Systems, Inc.
	194,025	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.33	%	02/24/2031		196,131
	125,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 5.25%, 0.00% Floor)		9.85	%	02/23/2032		128,817
		Apro LLC
	354,113	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.27	%	07/09/2031		358,022
		Arches Buyer, Inc.
	135,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.71	%	12/06/2027		132,141
		Ardonagh Group Finco Pty Ltd.
	12,444	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.08	%	02/18/2031		12,537
	141,637	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.00% Floor)		8.53	%	02/18/2031		142,699
	59,345	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.00% Floor)		8.53	%	02/18/2031		59,790
		Arsenal AIC Parent LLC
	54,725	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	08/19/2030		55,259
		Artera Services LLC
	204,618	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.00% Floor)		8.83	%	02/10/2031		203,183
		Ascend Learning LLC
	507,494	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.96	%	12/11/2028		510,866
	491,549	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.96	%	12/11/2028		494,815
	143,216	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.75%, 0.50% Floor)		10.21	%	12/10/2029		142,411
		Aspire Bakeries Holdings LLC
	394,008	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	12/23/2030		398,440
		Asplundh Tree Expert LLC
	501,970	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	05/23/2031		503,288
		AssuredPartners, Inc.
	2,617,592	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	02/14/2031		2,626,177
		Asurion LLC
	260,367	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.72	%	07/30/2027		260,103
	50,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.94	%	02/03/2028		48,982
	272,080	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.71	%	08/21/2028		272,664

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	165,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.72	%	01/22/2029		159,753
	142,804	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	09/19/2030		142,626
		AthenaHealth Group, Inc.
	2,124,622	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	02/15/2029		2,134,109
		Aveanna Healthcare LLC
	1,048,329	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.36	%	07/17/2028		1,041,321
	118,610	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 7.00%, 0.50% Floor)		11.66	%	12/10/2029		114,755
		Bally’s Corp.
	345,970	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.50% Floor)		8.14	%	10/02/2028		328,068
		Bausch + Lomb Corp.
	2,440,645	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.69	%	05/10/2027		2,452,958
	182,688	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.00% Floor)		8.33	%	09/29/2028		183,887
		BCP Renaissance Parent LLC
	272,648	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.33	%	10/31/2028		275,403
		BCPE Empire Holdings, Inc.
	1,092,764	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	12/26/2028		1,100,168
		Belron Finance LLC
	408,975	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%, 0.50% Floor)		7.27	%	10/16/2031		413,386
		Boost Newco Borrower LLC
	428,925	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		6.83	%	01/31/2031		432,054
		Boxer Parent Co., Inc.
	1,985,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.34	%	07/30/2031		2,003,838
	235,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 5.75%, 0.00% Floor)		10.34	%	07/30/2032		231,867
		Brand Industrial Services, Inc.
	545,805	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.50% Floor)		9.07	%	08/01/2030		532,211
		Brazos Delaware II LLC
	44,663	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)		8.25	%	02/11/2030		45,029
		BroadStreet Partners, Inc.
	37,899	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	06/13/2031		38,073
	370,247	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	06/16/2031		371,947
		Brown Group Holding LLC
	342,880	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		7.12	%	07/01/2031		344,569
	123,663	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		7.12	%	07/01/2031		124,272
		Caesars Entertainment, Inc.
	362,263	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)		6.61	%	02/06/2031		363,507
		Camelot US Acquisition LLC
	337,635	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	01/31/2031		337,794
	78,302	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	01/31/2031		78,339
	7,159	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.11	%	01/31/2031		7,163
		Carnival Corp.
	42,747	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.75% Floor)		7.11	%	08/09/2027		43,115
	434,679	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.75% Floor)		7.11	%	10/18/2028		438,348

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Castle US Holding Corp.
	130,713	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.53	%	01/29/2027		77,867
		Castlelake Aviation One LLC
	384,680	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.50% Floor)		6.86	%	10/22/2026		385,978
		Cengage Learning, Inc.
	78,419	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 1.00% Floor)		7.86	%	11/24/2031		78,924
	135,506	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 1.00% Floor)		8.01	%	11/24/2031		136,377
		Central Parent LLC
	2,157,829	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.85	%	07/06/2029		2,132,076
		Chariot Buyer LLC
	830,734	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.71	%	11/03/2028		836,707
		Charter Next Generation, Inc.
	207,477	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.75% Floor)		7.53	%	12/02/2030		208,856
		CHG Healthcare Services, Inc.
	1,694,727	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.50% Floor)		7.40	%	09/29/2028		1,702,964
	268,643	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.28	%	09/29/2028		271,217
		CHG PPC Parent LLC
	702,901	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.47	%	12/08/2028		707,737
		Clarios Global LP
	513,713	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	05/06/2030		516,474
		Cloud Software Group, Inc.
	599,442	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		7.83	%	03/29/2029		601,963
	1,502	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.83	%	03/29/2029		1,509
	410,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.31	%	03/24/2031		411,831
		ClubCorp Holdings, Inc.
	311,548	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.00% Floor)		9.33	%	09/18/2026		312,879
	12,706	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.00% Floor)		9.33	%	09/18/2026		12,760
		Clydesdale Acquisition Holdings, Inc.
	313,773	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.18%, 0.50% Floor)		7.53	%	04/13/2029		314,754
		CMG Media Corp.
	109,289	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.93	%	06/18/2029		98,578
		CNT Holdings I Corp.
	339,025	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.75% Floor)		8.09	%	11/08/2027		341,664
		Columbus McKinnon Corp./NY
	18,098	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.50% Floor)		6.83	%	05/15/2028		18,234
		CommScope T/L
	407,940	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.50%, 0.00% Floor)		9.86	%	12/18/2029		396,304
	0	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.50%, 0.00% Floor)		9.86	%	12/18/2029		—
		Compass Power Generation LLC
	520,611	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.00% Floor)		8.11	%	04/16/2029		525,817

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Connect Finco SARL
	76,927	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	12/11/2026		76,326
		Conservice Midco LLC
	257,852	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.00% Floor)		7.86	%	05/13/2027		260,108
		Constant Contact, Inc.
	384,907	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)		8.92	%	02/10/2028		345,935
		Construction Partners, Inc.
	480,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)		6.84	%	11/03/2031		483,302
		CoreLogic, Inc.
	527,048	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		8.19	%	06/02/2028		521,354
		Cornerstone Building Brands, Inc.
	147,321	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.75	%	04/12/2028		141,097
	49,875	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.50% Floor)		8.90	%	05/15/2031		48,177
		Cornerstone Generation LLC
	670,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.25%)		7.65	%	10/28/2031		676,700
		Cornerstone OnDemand, Inc.
	276,638	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.22	%	10/16/2028		244,271
		Corpay Technologies Operating Co. LLC
	748,125	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	04/28/2028		748,256
		Cotiviti, Inc.
	656,180	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.30	%	04/30/2031		660,695
		CPI Holdco B LLC
	134,663	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	05/19/2031		134,554
	240,000	Senior Secured Term Loan (1 mo. Term SOFR + 2.25%)		6.65	%	05/19/2031		240,226
		CPPIB OVM Member US LLC
	179,550	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.58	%	08/20/2031		180,953
		CQP Holdco LP
	358,202	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.50% Floor)		6.33	%	12/31/2030		359,232
		Crosby US Acquisition Corp.
	168,977	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		8.07	%	08/16/2029		170,921
		Cross Financial Corp.
	248,085	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	10/31/2031		249,946
		Crown Equipment Corp.
	480,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)		6.94	%	10/10/2031		483,900
		Crown Finance US, Inc.
	410,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.80	%	12/02/2031		410,705
		CSC Holdings LLC
	315,855	Senior Secured First Lien Term Loan (1 Month Synthetic LIBOR + 2.50%, 0.00% Floor)		7.17	%(f)	04/15/2027		292,166
		Cube A&D Buyer, Inc.
	515,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.13	%	10/20/2031		519,076
		Curium Bidco Sarl
	148,024	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	07/31/2029		149,782
	65,771	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	07/31/2029		66,552
	221,936	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	07/31/2029		224,572

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Cyborg Oldco DC Holdings, Inc.
	102,725	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		7.30	%(d)(g)	05/01/2026		565
		Dcert Buyer, Inc.
	218,778	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)		8.36	%	10/16/2026		210,728
	95,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 7.00%, 0.00% Floor)		11.36	%	02/16/2029		77,425
		Deerfield Dakota Holding LLC
	1,329,260	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 1.00% Floor)		8.35	%	04/09/2027		1,303,093
		Dexko Global, Inc.
	420,538	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.34	%	10/04/2028		398,622
		DG Investment Intermediate Holdings 2, Inc.
	789,611	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.22	%	03/31/2028		798,987
	45,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 6.75%, 0.75% Floor)		11.22	%	03/29/2029		44,909
		Directv Financing LLC
	159,862	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.75% Floor)		9.85	%	08/02/2027		160,676
	131,743	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.25%, 0.75% Floor)		10.10	%	08/02/2029		129,612
		Dun & Bradstreet Corp.
	236,550	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.59	%	01/18/2029		236,994
		Dynasty Acquisition Co., Inc.
	107,467	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%)		6.61	%	10/31/2031		108,096
	282,533	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	10/31/2031		284,189
		EAB Global, Inc.
	431,738	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	08/16/2028		433,950
		Ecovyst Catalyst Technologies LLC
	252,522	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.84	%	06/12/2031		253,963
	654,688	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.84	%	06/12/2031		658,423
		Edelman Financial Engines Center LLC
	190,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.61	%	10/06/2028		191,960
		Edelman Financial Engines Center T/L
	731,576	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%)		7.38	%	04/07/2028		736,909
		Edgewater Generation LLC
	228,974	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	08/01/2030		232,491
		EG America LLC
	672,589	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	02/07/2028		678,333
		Eisner Advisory Group LLC
	361,683	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.50% Floor)		8.36	%	02/28/2031		366,269
		Element Materials Technology Group US Holdings, Inc.
	389,786	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.08	%	06/25/2029		392,832
		Ellucian Holdings, Inc.
	418,679	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	10/29/2029		422,029
	30,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.11	%	11/22/2032		30,650
		Emrld Borrower LP
	384,400	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		6.83	%	08/04/2031		386,403
		Energizer Holdings, Inc.
	125,416	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	12/22/2027		125,906

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Everi Holdings, Inc.
	126,113	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		6.97	%	08/03/2028		126,577
		Fertitta Entertainment LLC/NV
	2,643,166	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.86	%	01/29/2029		2,656,250
		FinThrive Software Intermediate Holdings, Inc.
	163,579	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.50% Floor)		8.50	%	12/18/2028		110,228
		First Advantage Holdings LLC
	787,993	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	10/31/2031		797,350
		Focus Financial Partners LLC
	997,831	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	09/17/2031		1,008,243
		Foresight Energy LLC
	104,730	Senior Secured First Lien Term Loan (3 mo. SOFR US + 8.00%, 1.50% Floor)		12.43	%(d)	06/30/2027		83,260
		Fortrea Holdings, Inc.
	15,332	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.75%, 0.50% Floor)		8.49	%	07/01/2030		15,485
		Freeport LNG Investments LLLP
	651,048	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		7.84	%	12/21/2028		654,964
		Frontdoor, Inc.
	155,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	12/19/2031		155,775
		Frontier Communications Holdings LLC
	403,988	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.76	%	07/01/2031		409,542
		Gainwell Acquisition Corp.
	1,099,184	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)		8.69	%	10/01/2027		1,067,428
		Garda World Security Corp.
	787,283	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.00% Floor)		7.90	%	02/01/2029		791,716
		GBT US III LLC
	170,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.63	%	07/28/2031		171,041
		GIP II Blue Holding LP
	87,240	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 1.00% Floor)		8.11	%	09/29/2028		87,968
		GIP Pilot Acquisition Partners LP
	153,973	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		7.09	%	10/04/2030		155,128
		Gogo Intermediate Holdings LLC
	419,825	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.22	%	04/28/2028		399,489
		Golden State Foods LLC
	330,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.77	%	12/04/2031		333,351
		Graham Packaging Co., Inc.
	456,756	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	08/04/2027		458,407
		Grant Thornton Advisors Holdings LLC
	111,413	Senior Secured Term Loan (1 mo. Term SOFR + 2.75%)		7.13	%	05/30/2031		111,577
		Grant Thornton LLP/Chicago
	279,300	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.82	%	05/30/2031		279,711
		Gray Television, Inc.
	360,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		7.67	%	12/01/2028		333,609
		Great Outdoors Group LLC
	658,707	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.22	%	03/06/2028		663,153

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Greystone Select Financial LLC
	66,769	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 0.75% Floor)		9.88	%	06/19/2028		66,602
		Grifols Worldwide Operations USA, Inc.
	226,167	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.74	%	11/15/2027		225,616
		Hamilton Projects Acquiror LLC
	94,763	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.32	%	05/30/2031		95,621
		Helios Software Holdings, Inc.
	329,990	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.09	%	07/15/2030		332,341
		Hexion Holdings Corp.
	799,405	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)		8.45	%	03/15/2029		800,844
		Hightower Holding LLC
	1,310,146	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		8.07	%	04/21/2028		1,318,878
		Hilton Grand Vacations Borrower LLC
	228,275	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	01/17/2031		229,292
		HomeServe USA Holding Corp.
	183,613	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.37	%	10/21/2030		184,003
		Hunter Douglas, Inc.
	579,613	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.02	%	02/26/2029		580,048
	212,827	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.02	%	02/26/2029		212,987
		INEOS US Finance LLC
	740,706	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	02/19/2030		744,939
		Ineos US Finance T/L B
	109,725	Senior Secured Term Loan		7.76	%(h)	02/07/2031		110,754
		INEOS US Petrochem LLC
	476,400	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.71	%	03/29/2029		480,568
	325,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.25%, 0.00% Floor)		8.61	%	10/07/2031		328,656
		ION Trading Finance T/L B
	131,012	Senior Secured Term Loan		7.98	%(h)	04/03/2028		131,351
		Iron Mountain Information Management LLC
	435,600	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	01/31/2031		436,145
		Kenan Advantage Group, Inc.
	362,541	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	01/25/2029		365,262
		Klockner Pentaplast of America, Inc.
	222,488	Senior Secured First Lien Term Loan (6 mo. SOFR US + 4.73%, 0.50% Floor)		9.72	%	02/09/2026		204,133
		Kodiak BP LLC
	75,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.00% Floor)		8.27	%	12/04/2031		75,147
		Kronos Acquisition Holdings, Inc.
	418,950	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.00% Floor)		8.58	%	07/08/2031		396,693
		LBM Acquisition LLC
	1,500,691	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.30	%	06/06/2031		1,490,374
		LC Ahab US Bidco LLC
	324,188	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	05/01/2031		327,228
		Level 3 Financing, Inc.
	68,130	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.56%, 2.00% Floor)		10.92	%	04/16/2029		69,586
	68,130	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.56%, 2.00% Floor)		11.13	%	04/15/2030		69,552

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Life Time, Inc.
	335,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%)		7.03	%	11/05/2031		336,759
		LifePoint Health, Inc.
	69,825	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 1.00% Floor)		7.96	%	05/19/2031		70,065
	792,378	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.00% Floor)		8.41	%	05/19/2031		796,178
		Light & Wonder International, Inc.
	230,319	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)		6.63	%	04/16/2029		231,554
		Lightning Power LLC
	344,138	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.74	%	08/18/2031		348,487
		Lumen Technologies, Inc.
	290,000	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 2.35%)		7.04	%	04/16/2029		273,274
		Lummus Technology Holdings V LLC
	449,150	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%)		7.36	%	12/31/2029		453,152
		Madison IAQ LLC
	555,780	Senior Secured First Lien Term Loan (6 mo. SOFR US + 2.75%, 0.50% Floor)		7.89	%	06/21/2028		558,473
		Madison Safety & Flow LLC
	204,488	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	09/26/2031		206,245
		McAfee Corp.
	508,265	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.37	%	03/01/2029		509,345
		Medline Borrower LP
	580,343	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.50% Floor)		6.61	%	10/23/2028		583,048
		MH Sub I LLC
	510,000	Senior Secured Term Loan (1 mo. Term SOFR + 4.25%)		8.76	%	12/11/2031		506,333
		Michaels Cos., Inc.
	132,519	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.75% Floor)		9.17	%	04/17/2028		107,302
		Mister Car Wash Holdings, Inc.
	84,788	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.09	%	03/27/2031		85,294
		Mitchell International, Inc.
	972,563	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	06/17/2031		974,294
	215,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.00% Floor)		9.82	%	06/17/2032		213,209
		MITER Brands Acquisition Holdco, Inc.
	89,550	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	03/28/2031		90,576
		Modena Buyer LLC
	145,569	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.50%, 0.00% Floor)		9.10	%	07/01/2031		141,358
		Motion Finco Sarl
	266,898	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.00% Floor)		7.83	%	11/30/2029		264,507
		Natgasoline LLC
	791,179	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.00% Floor)		9.02	%	11/14/2025		787,223
		NEP Group, Inc.
	636,385	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25% + 1.50% PIK, 0.00% Floor)		8.12	%	08/19/2026		583,247
	61,957	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25% + 1.50% PIK, 0.00% Floor)		8.12	%	08/19/2026		56,783

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Newfold Digital Holdings Group, Inc.
	196,556	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.75% Floor)		8.14	%	02/10/2028		133,505
		Nouryon Finance BV
	281,840	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.66	%	04/03/2028		284,395
	74,618	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.66	%	04/03/2028		75,294
		Nvent Thermal LLC
	525,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.50%)		8.02	%	09/12/2031		531,400
		Olympus Water US Holding Corp.
	603,488	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50%, 0.50% Floor)		8.10	%	06/23/2031		606,128
		OneDigital Borrower LLC
	676,600	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.61	%	07/02/2031		679,158
	225,000	Senior Secured Second Lien Term Loan (1 mo. SOFR US + 5.25%, 0.50% Floor)		9.61	%	07/02/2032		224,509
		Ontario Gaming GTA LP
	425,718	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.89	%	08/01/2030		427,125
		Oryx Midstream Services Permian Basin LLC
	371,250	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.51	%	10/05/2028		374,005
		Ovg Business Services LLC
	324,188	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.36	%	06/25/2031		325,403
		Pacific Dental Services, Inc.
	441,899	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		7.13	%	03/17/2031		445,489
		Packaging Coordinators Midco, Inc.
	568,575	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.75% Floor)		7.84	%	11/30/2027		571,773
		Pactiv Evergreen Group Holdings, Inc.
	241,722	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	09/25/2028		243,044
	61,773	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	09/25/2028		62,111
	49,003	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	09/25/2028		49,272
		Par Petroleum LLC
	83,513	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.33	%	02/28/2030		83,409
		Penn Entertainment, Inc.
	387,114	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.50% Floor)		6.86	%	05/03/2029		389,172
		Peraton Corp.
	543,557	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.21	%	02/01/2028		507,150
		Perrigo Investments LLC
	178,851	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	04/20/2029		179,700
		PetSmart LLC
	839,948	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.21	%	02/14/2028		838,197
		Phoenix Newco, Inc.
	804,686	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.36	%	11/15/2028		811,224
		Playa Resorts Holding BV
	323,745	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.50% Floor)		7.11	%	01/05/2029		324,442
		PointClickCare Technologies, Inc.
	585,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.58	%	11/03/2031		589,387
		Polar US Borrower LLC
	65,691	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		47,692

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	80	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		58
	80	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		58
	65,285	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.98	%	10/15/2028		47,397
		Polaris Newco LLC
	805,253	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.50% Floor)		8.85	%	06/05/2028		807,721
		Pregis TopCo LLC
	512,772	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.00% Floor)		8.36	%	07/31/2026		516,756
		Pretium PKG Holdings, Inc.
	3,489	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.60%, 1.00% Floor)		9.17	%	10/02/2028		2,790
	213,154	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.60%, 1.00% Floor)		9.17	%	10/02/2028		170,456
	74,054	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 1.00% Floor)		9.57	%	10/02/2028		76,553
	1,982	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.00%, 1.00% Floor)		9.57	%	10/02/2028		2,049
	65,000	Senior Secured Second Lien Term Loan (3 mo. SOFR US + 6.75%, 0.50% Floor)		11.53	%	10/01/2029		24,449
		Proofpoint, Inc.
	1,706,873	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.36	%	08/31/2028		1,717,123
		Quikrete Holdings, Inc.
	152,669	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.61	%	03/19/2029		152,765
	69,475	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	04/14/2031		69,522
		Radiology Partners, Inc.
	781,630	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50% + 1.50% PIK, 0.00% Floor)		8.28	%	01/31/2029		774,400
	17,188	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.50% + 1.50% PIK, 0.00% Floor)		8.28	%	01/31/2029		17,029
		RealPage, Inc.
	190,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.75%, 0.50% Floor)		8.08	%	04/24/2028		191,129
		Restaurant Technologies, Inc.
	679,187	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	04/02/2029		668,364
	64,869	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	04/02/2029		63,835
	64,869	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	04/02/2029		63,835
		Sabre GLBL, Inc.
	68,225	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.97	%	12/17/2027		66,519
	38,797	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.50%, 0.50% Floor)		7.97	%	12/17/2027		37,827
	94,859	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.00%, 0.00% Floor)		10.46	%	11/15/2029		92,962
	217,790	Senior Secured First Lien Term Loan (1 mo. SOFR US + 6.00%, 0.00% Floor)		10.46	%	11/15/2029		217,245
		Sandisk Corp./DE
	255,000	Senior Secured Term Loan (1 mo. Term SOFR + 3.00%)		7.52	%	02/09/2032		251,096
		Scientific Games Holdings LP
	259,350	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.50% Floor)		7.59	%	04/04/2029		260,290
		Sedgwick Claims Management Services, Inc.
	503,738	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.59	%	07/31/2031		507,397
		Select Medical Corp.
	315,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%, 0.00% Floor)		6.53	%	12/03/2031		316,443

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Signia Aerospace LLC
	292,846	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.40	%	12/11/2031		293,397
	357,923	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.40	%	12/11/2031		358,596
		Six Flags Entertainment Corp.
	139,300	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	05/01/2031		139,909
		Sotera Health Holdings LLC
	643,388	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.84	%	05/30/2031		645,803
		Southern Veterinary Partners LLC
	715,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.71	%	12/04/2031		720,945
		Spin Holdco, Inc.
	151,703	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.00%, 0.75% Floor)		8.71	%	03/06/2028		128,439
		SS&C Technologies, Inc.
	284,625	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.36	%	05/09/2031		285,692
		Staples, Inc.
	219,450	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.75%, 0.50% Floor)		10.18	%	09/10/2029		210,296
		Starwood Property Mortgage LLC
	98,473	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.75% Floor)		7.71	%	07/27/2026		98,658
		Station Casinos LLC
	143,913	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.00% Floor)		6.38	%	03/14/2031		144,307
		StubHub Holdco Sub LLC
	786,764	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.00% Floor)		9.11	%	03/15/2030		789,714
		SWF Holdings I FLSO T/L A2
	197,945	Senior Secured Term Loan		8.48	%(h)	10/06/2028		178,150
		Tamko Building Products LLC
	182,500	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%)		7.08	%	09/20/2030		184,212
	182,500	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.75%)		7.09	%	09/20/2030		184,212
		Team Health Holdings, Inc.
	407,266	Senior Secured First Lien Term Loan (3 mo. SOFR US + 5.25%, 1.00% Floor)		9.84	%	03/02/2027		394,895
		Tecta America Corp.
	193,859	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%, 0.75% Floor)		8.71	%	04/10/2028		195,152
		Tempur Sealy International, Inc.
	1,655,000	Senior Secured First Lien Term Loan (Daily US Secured Overnight Financing Rate + 2.50%, 0.00% Floor)		6.81	%	10/24/2031		1,661,719
		Thunder Generation Funding LLC
	488,775	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.61	%	10/03/2031		492,592
		Tiger Acquisition LLC
	764,336	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.50% Floor)		7.34	%	06/01/2028		766,247
		Titan Acquisition Ltd./Canada
	976,384	Senior Secured First Lien Term Loan (6 mo. SOFR US + 4.50%, 0.00% Floor)		8.78	%	02/15/2029		985,845
		TK Elevator US Newco, Inc.
	393,015	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)		8.59	%	04/30/2030		396,358
	225,758	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.50%, 0.50% Floor)		8.59	%	04/30/2030		227,678
		Trans Union LLC
	179,100	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	06/24/2031		179,072

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		TransDigm, Inc.
	653,365	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		6.83	%	02/28/2031		655,220
	443,888	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.50%, 0.00% Floor)		7.32	%	01/20/2032		445,332
		Travelport Finance Luxembourg Sarl
	50,392	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.41%, 1.00% Floor)		11.32	%	09/29/2028		47,321
	153,342	Senior Secured First Lien Term Loan (3 mo. SOFR US + 1.41%, 1.00% Floor)		11.32	%	09/29/2028		143,997
		Traverse Midstream Partners T/L B
	86,168	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 5.00% Floor)		7.56	%	02/16/2028		86,743
		TricorBraun Holdings, Inc.
	392,705	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.50% Floor)		7.72	%	03/03/2028		392,913
		Trident TPI Holdings, Inc.
	498,047	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.50% Floor)		8.19	%	09/18/2028		503,139
		Triton Water Holdings, Inc.
	1,888,887	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.50% Floor)		7.84	%	03/31/2028		1,906,133
		UFC Holdings LLC
	385,000	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.77	%	11/21/2031		387,603
		UKG, Inc.
	2,626,326	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.62	%	02/10/2031		2,648,138
		Ultra Clean Holdings, Inc.
	229,568	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	02/25/2028		231,721
		United Airlines, Inc.
	362,312	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.00%, 0.00% Floor)		6.63	%	02/24/2031		363,963
		United Natural Foods, Inc.
	189,050	Senior Secured First Lien Term Loan (1 mo. Term SOFR + 4.75%, 0.00% Floor)		9.44	%	05/01/2031		192,500
		United Talent Agency LLC
	138,950	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.75%, 0.75% Floor)		8.20	%	07/07/2028		139,992
		Univision Communications, Inc.
	400,105	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		8.85	%	06/25/2029		402,482
		Upbound Group, Inc.
	129,078	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.75%, 0.50% Floor)		7.34	%	02/17/2028		129,400
		Vantage Specialty Chemicals, Inc.
	657,485	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.75%, 0.50% Floor)		9.11	%	10/26/2026		651,732
		Verde Purchaser LLC
	159,599	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.50%, 0.00% Floor)		9.10	%	11/29/2030		160,297
		Vestis Corp.
	120,531	Senior Secured First Lien Term Loan (3 mo. SOFR US + 2.25%, 0.00% Floor)		6.76	%	02/24/2031		120,984
		Victra Holdings LLC
	34,125	Senior Secured First Lien Term Loan (1 mo. SOFR US + 5.25%, 0.75% Floor)		9.61	%	03/29/2029		34,615
		Virgin Media Bristol LLC
	500,000	Senior Secured First Lien Term Loan (6 mo. SOFR US + 3.18%, 0.00% Floor)		7.72	%	03/31/2031		496,003
		Vistra Operations Co. LLC
	94,050	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	12/20/2030		94,371
		Vizient, Inc.
	326,549	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.00%, 0.50% Floor)		6.36	%	08/01/2031		329,488

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Vortex Opco LLC
	101,400	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.25%, 0.50% Floor)		9.03	%	12/17/2028		64,439
		VT Topco, Inc.
	103,953	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.00%, 0.00% Floor)		7.33	%	08/12/2030		104,807
		Wand NewCo 3, Inc.
	112,791	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	01/30/2031		113,393
	67,890	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	01/30/2031		68,252
		WaterBridge Midstream Operating LLC
	543,638	Senior Secured First Lien Term Loan (3 mo. SOFR US + 4.75%, 0.00% Floor)		9.08	%	06/27/2029		542,278
		WaterBridge NDB Operating LLC
	265,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 4.00%)		8.38	%	05/10/2029		268,195
		WEC US Holdings, Inc.
	463,838	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.80	%	01/27/2031		464,779
		WestJet Loyalty LP
	918,063	Senior Secured First Lien Term Loan (3 mo. SOFR US + 3.25%, 0.00% Floor)		7.58	%	02/14/2031		922,983
		Whatabrands LLC
	1,008,363	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		6.86	%	08/03/2028		1,011,998
		White Cap Supply Holdings LLC
	875,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.82	%	10/31/2029		877,769
		WhiteWater DBR HoldCo LLC
	169,575	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.25%, 0.00% Floor)		6.63	%	03/03/2031		170,793
		Wyndham Hotels & Resorts, Inc.
	532,325	Senior Secured First Lien Term Loan (1 mo. SOFR US + 1.75%, 0.00% Floor)		6.11	%	05/28/2030		533,847
		Zayo Group Holdings, Inc.
	266,026	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.00%, 0.00% Floor)		7.47	%	03/09/2027		249,742
		Zelis Payments Buyer, Inc.
	480,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 3.25%, 0.00% Floor)		7.61	%	11/26/2031		482,299
		Ziggo Financing Partnership
	235,000	Senior Secured First Lien Term Loan (1 mo. SOFR US + 2.50%, 0.00% Floor)		7.01	%	04/28/2028		234,310
		Total Bank Loans (Cost $128,275,042)						128,695,503
	COLLATERALIZED LOAN OBLIGATIONS - 17.0%
		Aimco CDO
	2,000,000	Series 2021-15A-D (3 mo. Term SOFR + 3.16%, 2.90% Floor)		7.81	%(a)	10/17/2034		2,017,522
	1,000,000	Series 2024-21A-D1 (3 mo. Term SOFR + 3.15%, 3.15% Floor)		7.78	%(a)	04/18/2037		1,020,753
		Babson CLO Ltd./Cayman Islands
	1,737,500	Series 2015-2A-ER (3 mo. Term SOFR + 6.71%, 0.00% Floor)		11.33	%(a)	10/20/2030		1,753,244
		Bain Capital Credit CLO
	1,250,000	Series 2021-7A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		8.14	%(a)	01/22/2035		1,261,250
		Blackstone, Inc.
	1,500,000	Series 2018-1A-D (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.42	%(a)	04/15/2031		1,504,809
		BlueMountain CLO Ltd.
	3,770,000	Series 2013-2A-DR (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.79	%(a)	10/22/2030		3,798,734
	500,000	Series 2015-3A-CR (3 mo. Term SOFR + 2.86%, 0.00% Floor)		7.48	%(a)	04/20/2031		501,075
	1,000,000	Series 2016-3A-DR (3 mo. Term SOFR + 3.36%, 3.10% Floor)		7.89	%(a)	11/15/2030		1,008,888
	1,000,000	Series 2017-2A-C (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.88	%(a)	10/20/2030		1,007,749
	2,500,000	Series 2018-23A-D1R (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.47	%(a)	07/20/2037		2,560,975

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Canyon Capital CLO Ltd.
	1,000,000	Series 2012-1RA-D (3 mo. Term SOFR + 3.26%, 0.00% Floor)		7.92	%(a)	07/15/2030		1,007,173
	2,000,000	Series 2014-1A-CR (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.60	%(a)	01/30/2031		2,016,083
	1,000,000	Series 2022-1A-D (3 mo. Term SOFR + 3.20%, 3.20% Floor)		7.85	%(a)	04/15/2035		1,008,779
		Canyon CLO
	3,000,000	Series 2020-2A-DR (3 mo. Term SOFR + 3.41%, 3.15% Floor)		8.07	%(a)	10/15/2034		3,025,896
	1,000,000	Series 2021-4A-B (3 mo. Term SOFR + 1.96%, 1.70% Floor)		6.62	%(a)	10/15/2034		1,006,391
	2,500,000	Series 2021-4A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.97	%(a)	10/15/2034		2,521,595
	1,000,000	Series 2021-4A-E (3 mo. Term SOFR + 6.56%, 6.30% Floor)		11.22	%(a)	10/15/2034		1,008,331
		Captree Park CLO Ltd.
	1,100,000	Series 2024-1A-D (3 mo. Term SOFR + 3.25%, 3.25% Floor)		7.87	%(a)	07/20/2037		1,122,993
		Carlyle Global Market Strategies
	500,000	Series 2020-2A-CR (3 mo. Term SOFR + 3.46%, 3.20% Floor)		8.09	%(a)	01/25/2035		504,587
	1,000,000	Series 2024-2A-D (3 mo. Term SOFR + 3.85%, 3.85% Floor)		8.48	%(a)	04/25/2037		1,024,393
	500,000	Series 2024-4A-D (3 mo. Term SOFR + 3.20%, 3.20% Floor)		8.53	%(a)	07/20/2037		510,425
		Cathedral Lake CLO Ltd.
	3,500,000	Series 2021-8A-C (3 mo. Term SOFR + 2.88%, 2.62% Floor)		7.50	%(a)	01/20/2035		3,517,684
	3,500,000	Series 2021-8A-D1 (3 mo. Term SOFR + 3.68%, 3.42% Floor)		8.30	%(a)	01/20/2035		3,533,277
		Cent CLO
	500,000	Series 2018-27A-DR (3 mo. Term SOFR + 4.09%, 3.83% Floor)		8.72	%(a)	01/25/2035		504,824
		Chenango Park CLO
	1,500,000	Series 2018-1A-C (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.92	%(a)	04/15/2030		1,511,141
		CIFC Funding Ltd.
	1,000,000	Series 2019-3A-CR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.96	%(a)	10/16/2034		1,008,685
	1,000,000	Series 2019-3A-D1R2 (3 mo. Term SOFR + 2.75%, 2.75% Floor)		0.00	%(a)	01/16/2038		1,000,000
		Crown City CLO
	4,000,000	Series 2024-6A-D1 (3 mo. Term SOFR + 3.50%, 3.50% Floor)		8.82	%(a)	07/15/2037		4,096,864
		Dryden Senior Loan Fund
	3,000,000	Series 2015-37A-DR (3 mo. Term SOFR + 2.76%, 2.50% Floor)		7.42	%(a)	01/15/2031		3,011,928
	1,000,000	Series 2017-50A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		8.17	%(a)	07/15/2030		1,007,617
	1,000,000	Series 2019-68A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor)		8.27	%(a)	07/15/2035		998,710
	900,000	Series 2020-77A-DR (3 mo. Term SOFR + 3.26%, 3.26% Floor)		7.78	%(a)	05/20/2034		909,269
		Goldentree Loan Opportunities Ltd.
	1,000,000	Series 2024-20A-D (3 mo. Term SOFR + 3.15%, 3.15% Floor)		7.77	%(a)	07/20/2037		1,020,210
	1,000,000	Series 2024-21A-D (3 mo. Term SOFR + 3.05%, 3.05% Floor)		7.67	%(a)	07/20/2037		1,020,133
		Halcyon Loan Advisors Funding Ltd.
	308,400	Series 2014-2A-D (3 mo. Term SOFR + 5.26%, 0.00% Floor)		9.88	%(a)	04/28/2025		62,451
	500,000	Series 2018-1A-A2 (3 mo. Term SOFR + 2.06%, 1.80% Floor)		6.68	%(a)	07/21/2031		501,744
		Highbridge Loan Management Ltd.
	2,000,000	Series 2013-2A-CR (3 mo. Term SOFR + 3.16%, 2.90% Floor)		7.78	%(a)	10/20/2029		2,015,123
		ING Investment Management CLO Ltd.
	3,900,000	Series 2013-1A-CR (3 mo. Term SOFR + 3.21%, 0.00% Floor)		7.87	%(a)	10/15/2030		3,928,985
		LCM LP
	5,000,000	Series 26A-D (3 mo. Term SOFR + 2.76%, 2.50% Floor)		7.38	%(a)	01/20/2031		5,023,214
	1,500,000	Series 27A-D (3 mo. Term SOFR + 3.21%, 0.00% Floor)		7.86	%(a)	07/16/2031		1,496,686
		LCM XIII LP
	3,175,000	Series 14A-DR (3 mo. Term SOFR + 3.01%, 0.00% Floor)		7.63	%(a)	07/20/2031		3,199,182
		Lodi Park CLO Ltd.
	500,000	Series 2024-1A-D1 (3 mo. Term SOFR + 3.00%, 3.00% Floor)		8.29	%(a)	07/21/2037		510,360
		Madison Park Funding Ltd.
	4,500,000	Series 2015-18A-BR (3 mo. Term SOFR + 1.86%, 0.00% Floor)		6.48	%(a)	10/21/2030		4,510,912
		Magnetite CLO Ltd.
	3,500,000	Series 2018-20A-D (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.38	%(a)	04/20/2031		3,521,205
	1,750,000	Series 2019-23A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.94	%(a)	01/25/2035		1,766,087

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Marble Point CLO
	5,500,000	Series 2021-2A-B (3 mo. Term SOFR + 2.11%, 1.85% Floor)		6.74	%(a)	07/25/2034		5,525,408
	3,500,000	Series 2021-3A-D1 (3 mo. Term SOFR + 3.76%, 3.50% Floor)		8.41	%(a)	10/17/2034		3,532,101
		Menlo CLO Ltd.
	5,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.42%, 1.42% Floor)		5.75	%(a)	01/20/2038		5,026,905
		Myers Park CLO
	1,000,000	Series 2018-1A-D (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.93	%(a)	10/20/2030		1,007,682
		Neuberger Berman CLO Ltd.
	4,000,000	Series 2017-16SA-DR (3 mo. Term SOFR + 3.16%, 2.90% Floor)		7.82	%(a)	04/15/2034		4,033,969
	1,000,000	Series 2020-38A-DR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.88	%(a)	10/20/2035		1,008,960
		Octagon Investment Partners Ltd.
	4,500,000	Series 2012-1A-CRR (3 mo. Term SOFR + 4.16%, 3.90% Floor)		8.82	%(a)	07/15/2029		4,532,671
	500,000	Series 2014-1A-CR3 (3 mo. Term SOFR + 3.01%, 2.75% Floor)		7.53	%(a)	02/14/2031		504,454
	1,250,000	Series 2017-1A-D (3 mo. Term SOFR + 6.46%, 0.00% Floor)		11.08	%(a)	03/17/2030		1,253,948
	4,000,000	Series 2018-1A-C (3 mo. Term SOFR + 2.86%, 2.60% Floor)		7.48	%(a)	01/20/2031		4,011,331
	3,000,000	Series 2018-2A-C (3 mo. Term SOFR + 3.11%, 0.00% Floor)		7.74	%(a)	07/25/2030		3,023,862
	500,000	Series 2019-1A-ER (3 mo. Term SOFR + 7.26%, 7.00% Floor)		11.88	%(a)	01/20/2035		471,213
	1,000,000	Series 2020-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor)		8.22	%(a)	07/15/2036		988,657
		Park Avenue Institutional Advisers CLO Ltd.
	500,000	Series 2021-2A-D (3 mo. Term SOFR + 3.66%, 3.40% Floor)		8.32	%(a)	07/15/2034		504,285
		Sound Point CLO Ltd.
	2,000,000	Series 2015-2A-DRRR (3 mo. Term SOFR + 4.76%, 4.50% Floor)		9.38	%(a)	07/20/2032		1,888,774
	500,000	Series 2017-4A-C (3 mo. Term SOFR + 2.76%, 0.00% Floor)		7.38	%(a)	01/21/2031		502,284
	6,000,000	Series 2019-2A-DR (3 mo. Term SOFR + 3.56%, 3.30% Floor)		8.22	%(a)	07/15/2034		6,051,355
	1,000,000	Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor)		8.39	%(a)	10/25/2034		1,000,591
	1,000,000	Series 2020-1A-DR (3 mo. Term SOFR + 3.61%, 3.61% Floor)		8.23	%(a)	07/20/2034		1,008,847
	5,000,000	Series 2020-2A-DR (3 mo. Term SOFR + 3.61%, 3.35% Floor)		8.24	%(a)	10/25/2034		5,045,503
	7,500,000	Series 2021-4A-A (3 mo. Term SOFR + 1.41%, 1.41% Floor)		6.04	%(a)	10/25/2034		7,514,810
	3,375,000	Series 2021-4A-D (3 mo. Term SOFR + 3.66%, 3.66% Floor)		8.29	%(a)	10/25/2034		3,405,541
		Steele Creek CLO Ltd.
	5,000,000	Series 2019-2A-BR (3 mo. Term SOFR + 2.11%, 1.85% Floor)		6.77	%(a)	07/15/2032		5,012,571
		Stewart Park CLO
	3,500,000	Series 2015-1A-DR (3 mo. Term SOFR + 2.86%, 2.60% Floor)		7.52	%(a)	01/15/2030		3,506,927
		Storm King Park CLO Ltd.
	4,000,000	Series 2022-1A-AR (3 mo. Term SOFR + 1.36%, 1.36% Floor)		6.02	%(a)	10/15/2037		4,026,789
		Symphony CLO Ltd.
	1,500,000	Series 2015-16A-DR (3 mo. Term SOFR + 3.31%, 3.05% Floor)		7.97	%(a)	10/15/2031		1,511,324
		TIAA CLO Ltd.
	1,500,000	Series 2017-2A-B (3 mo. Term SOFR + 1.76%, 0.00% Floor)		6.41	%(a)	01/16/2031		1,501,887
		Upland CLO
	500,000	Series 2016-1A-CR (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.78	%(a)	04/20/2031		503,794
		Vibrant CLO Ltd.
	500,000	Series 2015-3A-A2RR (3 mo. Term SOFR + 2.11%, 0.26% Floor)		6.73	%(a)	10/20/2031		501,616
	2,000,000	Series 2024-4RA-A1A (3 mo. Term SOFR + 1.43%, 1.43% Floor)		6.03	%(a)	10/20/2037		2,005,410
		Voya CLO Ltd.
	1,500,000	Series 2017-3A-CR (3 mo. Term SOFR + 3.41%, 0.00% Floor)		8.03	%(a)	04/20/2034		1,513,271
		Wellfleet CLO Ltd.
	2,000,000	Series 2019-1A-CR (3 mo. Term SOFR + 3.81%, 3.55% Floor)		8.43	%(a)	07/20/2032		2,016,576
	750,000	Series 2021-3A-D (3 mo. Term SOFR + 3.76%, 3.50% Floor)		8.42	%(a)	01/15/2035		756,900
		Wind River CLO Ltd.
	2,000,000	Series 2013-2A-E1R (3 mo. Term SOFR + 7.01%, 0.00% Floor)		11.64	%(a)	10/18/2030		2,010,236
	2,000,000	Series 2014-1A-DRR (3 mo. Term SOFR + 3.26%, 3.00% Floor)		7.89	%(a)	07/18/2031		2,015,025
	4,000,000	Series 2014-2A-DR (3 mo. Term SOFR + 3.16%, 2.90% Floor)		7.82	%(a)	01/15/2031		4,029,384
	2,000,000	Series 2014-2A-ER (3 mo. Term SOFR + 6.01%, 5.75% Floor)		10.67	%(a)	01/15/2031		1,763,412

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,500,000	Series 2014-3A-DR2 (3 mo. Term SOFR + 3.66%, 3.40% Floor)		8.29	%(a)	10/22/2031		1,511,661
	2,000,000	Series 2017-1A-DR (3 mo. Term SOFR + 3.98%, 3.72% Floor)		8.61	%(a)	04/18/2036		2,017,949
	1,750,000	Series 2017-1A-ER (3 mo. Term SOFR + 7.32%, 7.06% Floor)		11.95	%(a)	04/18/2036		1,663,080
	1,500,000	Series 2018-1A-D (3 mo. Term SOFR + 3.16%, 0.00% Floor)		7.82	%(a)	07/15/2030		1,511,109
	500,000	Series 2021-3A-D (3 mo. Term SOFR + 3.61%, 3.35% Floor)		8.23	%(a)	07/20/2033		504,418
	7,500,000	Series 2021-4A-A (3 mo. Term SOFR + 1.43%, 1.17% Floor)		6.05	%(a)	01/20/2035		7,514,397
	1,000,000	Series 2021-4A-D (3 mo. Term SOFR + 3.46%, 3.20% Floor)		8.08	%(a)	01/20/2035		998,212
		Total Collateralized Loan Obligations (Cost $190,146,357)						191,107,035
	FOREIGN CORPORATE BONDS - 4.7%
	44,000	1375209 BC Ltd.		9.00	%(a)	01/30/2028		44,116
	1,039,273	Acu Petroleo Luxembourg Sarl		7.50	%	01/13/2032		1,026,846
	349,000	Adani Electricity Mumbai Ltd.		3.95	%	02/12/2030		279,710
	1,062,400	Adani International Container Terminal Pvt Ltd.		3.00	%	02/16/2031		875,418
	200,000	Adani Ports & Special Economic Zone Ltd.		4.00	%	07/30/2027		180,871
	200,000	Adani Ports & Special Economic Zone Ltd.		4.20	%	08/04/2027		181,046
	400,000	Adani Ports & Special Economic Zone Ltd.		4.38	%	07/03/2029		344,622
	200,000	Adani Ports & Special Economic Zone Ltd.		3.10	%	02/02/2031		152,158
	700,000	Adani Transmission Step-One Ltd.		4.00	%	08/03/2026		643,800
	200,000	Aeropuertos Dominicanos Siglo XXI SA		7.00	%(a)	06/30/2034		204,250
	200,000	Agrosuper SA		4.60	%	01/20/2032		179,070
	354,166	AL Candelaria Spain SA		7.50	%	12/15/2028		349,994
	500,000	AL Candelaria Spain SA		5.75	%(a)	06/15/2033		406,673
	500,000	AL Candelaria Spain SA		5.75	%	06/15/2033		406,673
	200,000	Altice France Holding SA		6.00	%(a)	02/15/2028		52,987
	255,000	Altice France SA		5.50	%(a)	10/15/2029		192,273
	400,000	AngloGold Ashanti Holdings PLC		3.38	%	11/01/2028		369,794
	215,000	Ardonagh Finco Ltd.		7.75	%(a)	02/15/2031		221,629
	400,000	Aris Mining Corp.		8.00	%(a)	10/31/2029		396,334
	210,916	Avation Capital SA  9.00% PIK		8.25	%(a)	10/31/2026		207,365
	130,000	Azorra Finance Ltd.		7.75	%(a)	04/15/2030		129,374
	500,000	Banco Continental SAECA		2.75	%	12/10/2025		483,761
	600,000	Banco Davivienda SA  (10 yr. CMT Rate + 5.10%)		6.65	%(a)(i)	04/22/2031		516,262
	200,000	Banco de Bogota SA		6.25	%	05/12/2026		200,104
	600,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 3.00%)		3.13	%	07/01/2030		588,723
	650,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)		3.25	%	09/30/2031		616,347
	200,000	Banco del Estado de Chile  (5 yr. CMT Rate + 3.23%)		7.95	%(a)(i)	05/02/2029		205,655
	300,000	Banco GNB Sudameris SA  (5 yr. CMT Rate + 6.66%)		7.50	%	04/16/2031		295,820
	600,000	Banco Industrial SA/Guatemala  (5 yr. CMT Rate + 4.44%)		4.88	%	01/29/2031		588,900
	1,350,000	Banco Internacional del Peru SAA Interbank  (5 yr. CMT Rate + 3.71%)		4.00	%	07/08/2030		1,333,320
	600,000	Banco Mercantil del Norte SA/Grand Cayman  (10 yr. CMT Rate + 5.35%)		7.63	%(i)	01/10/2028		589,460
	200,000	Banco Mercantil del Norte SA/Grand Cayman  (10 yr. CMT Rate + 5.47%)		7.50	%(i)	06/27/2029		193,679
	300,000	Banco Mercantil del Norte SA/Grand Cayman  (5 yr. CMT Rate + 4.07%)		8.38	%(a)(i)	05/20/2031		299,681
	200,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand		5.62	%(a)	12/10/2029		199,500
	500,000	Bancolombia SA  (5 yr. CMT Rate + 4.32%)		8.63	%	12/24/2034		523,992
	300,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 2.65%)		5.13	%	01/18/2033		279,290

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	200,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 4.31%)		5.88	%	09/13/2034		189,935
	330,000	Belron UK Finance PLC		5.75	%(a)	10/15/2029		326,884
	96,000	Bombardier, Inc.		7.88	%(a)	04/15/2027		96,206
	165,000	Bombardier, Inc.		8.75	%(a)	11/15/2030		177,570
	45,000	Bombardier, Inc.		7.00	%(a)	06/01/2032		45,833
	200,000	Braskem Idesa SAPI		6.99	%	02/20/2032		147,210
	500,000	Braskem Netherlands Finance BV		4.50	%	01/31/2030		423,698
	400,000	Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy		7.88	%(a)	02/15/2039		412,870
	600,000	Canacol Energy Ltd.		5.75	%	11/24/2028		334,705
	900,000	CAP SA		3.90	%	04/27/2031		726,300
	600,000	CAP SA		3.90	%(a)	04/27/2031		484,200
	300,000	Cemex SAB de CV  (5 yr. CMT Rate + 4.53%)		5.13	%(i)	06/08/2026		294,106
	300,000	Cencosud SA		4.38	%	07/17/2027		293,343
	1,249,941	Chile Electricity PEC SpA		0.00	%(a)	01/25/2028		1,053,700
	600,000	Cia de Minas Buenaventura SAA		5.50	%	07/23/2026		599,955
	768,000	Cometa Energia SAB de CV		6.38	%	04/24/2035		759,802
	800,000	Cosan Overseas Ltd.		8.25	%(i)	02/05/2025		800,000
	600,000	Credito Real SAB de CV SOFOM ER  (5 yr. CMT Rate + 7.03%)		9.13	%(g)(i)	11/29/2027		6,000
	600,000	CSN Resources SA		5.88	%	04/08/2032		484,748
	200,000	CT Trust		5.13	%	02/03/2032		179,138
	600,000	DBS Group Holdings Ltd.  (5 yr. CMT Rate + 1.10%)		1.82	%	03/10/2031		577,690
	2,797	Digicel Group Holdings Ltd.		0.00	%(a)(d)	12/31/2030		2,787
	180,977	Digicel Group Holdings Ltd.		0.00	%(a)(d)	12/31/2030		32,150
	340,696	Digicel Group Holdings Ltd.		0.00	%(a)(d)	12/31/2030		7,864
	351,900	Empresa Electrica Angamos SA		4.88	%	05/25/2029		319,891
	461,400	Empresa Electrica Cochrane SpA		5.50	%	05/14/2027		446,988
	400,000	Empresas Publicas de Medellin ESP		4.38	%	02/15/2031		344,226
	600,000	Energuate Trust		5.88	%	05/03/2027		587,598
	179,357	Fermaca Enterprises S de RL de CV		6.38	%	03/30/2038		174,728
	343,720	Fideicomiso PA Pacifico Tres		8.25	%	01/15/2035		342,861
	400,000	Freeport Indonesia PT		4.76	%	04/14/2027		396,564
	400,000	Freeport Indonesia PT		5.32	%	04/14/2032		389,771
	400,000	Frigorifico Concepcion SA		7.70	%	07/21/2028		310,551
	230,000	Garda World Security Corp.		4.63	%(a)	02/15/2027		223,590
	180,000	Garda World Security Corp.		6.00	%(a)	06/01/2029		170,843
	220,000	GGAM Finance Ltd.		6.88	%(a)	04/15/2029		223,321
	475,000	Global Aircraft Leasing Co. Ltd.		8.75	%(a)	09/01/2027		485,042
	117,680	GNL Quintero SA		4.63	%	07/31/2029		116,168
	500,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%	05/15/2029		506,654
	300,000	Gran Tierra Energy, Inc.		9.50	%(a)	10/15/2029		279,765
	250,000	Grifols SA		4.75	%(a)	10/15/2028		230,011
	798,650	Guara Norte Sarl		5.20	%	06/15/2034		729,624
	141,200	Hunt Oil Co. of Peru LLC Sucursal Del Peru		6.38	%	06/01/2028		142,195
	365,000	Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC		9.00	%(a)	02/15/2029		381,518
	210,000	INEOS Finance PLC		7.50	%(a)	04/15/2029		215,223
	1,100,000	InRetail Consumer		3.25	%	03/22/2028		1,010,210
	700,000	InRetail Shopping Malls		5.75	%	04/03/2028		693,186
	100,000	Intelsat Jackson Holdings SA		6.50	%(a)	03/15/2030		92,487
	600,000	Intercorp Financial Services, Inc.		4.13	%	10/19/2027		574,353
	35,079	Invepar Holdings		0.00	%(d)(g)	12/30/2028		—
	200,000	Itau Unibanco Holding SA/Cayman Island  (5 yr. CMT Rate + 3.22%)		4.63	%(i)	02/27/2025		199,102
	200,000	Itau Unibanco Holding SA/Cayman Island  (5 yr. CMT Rate + 3.86%)		7.86	%(i)	03/19/2025		202,080
	811,250	JSW Hydro Energy Ltd.		4.13	%	05/18/2031		732,578
	400,000	JSW Infrastructure Ltd.		4.95	%	01/21/2029		385,977
	200,000	Kallpa Generacion SA		4.13	%	08/16/2027		194,388
	110,000	Kronos Acquisition Holdings, Inc.		8.25	%(a)	06/30/2031		105,032

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,300,000	KUO SAB De CV		5.75	%	07/07/2027		1,264,314
	500,000	LD Celulose International GmbH		7.95	%(a)	01/26/2032		501,758
	492,624	Lima Metro Line 2 Finance Ltd.		4.35	%	04/05/2036		452,941
	330,000	Mattamy Group Corp.		4.63	%(a)	03/01/2030		307,259
	400,000	Medco Laurel Tree Pte Ltd.		6.95	%	11/12/2028		398,723
	900,000	Medco Oak Tree Pte Ltd.		7.38	%	05/14/2026		917,016
	200,000	MEGlobal BV		4.25	%	11/03/2026		195,714
	600,000	MEGlobal Canada ULC		5.00	%	05/18/2025		599,046
	335,000	Merlin Entertainments Group US Holdings, Inc.		7.38	%(a)	02/15/2031		324,500
	600,000	Mexarrend SAPI de CV		10.25	%(a)(g)	07/24/2025		11,100
	404,292	Mexico Generadora de Energia S de RL		5.50	%	12/06/2032		392,002
	720,000	Millicom International Cellular SA		6.25	%	03/25/2029		708,941
	400,000	Minerva Luxembourg SA		8.88	%	09/13/2033		415,390
	200,000	Minsur SA		4.50	%	10/28/2031		177,594
	381,225	Mong Duong Finance Holdings BV		5.13	%	05/07/2029		366,712
	400,000	Movida Europe SA		7.85	%(a)	04/11/2029		352,929
	977,730	MV24 Capital BV		6.75	%	06/01/2034		927,981
	1,100,000	Network i2i Ltd.  (5 yr. CMT Rate + 4.27%)		5.65	%(i)	01/15/2025		1,102,587
	200,000	Network i2i Ltd.  (5 yr. CMT Rate + 3.39%)		3.98	%(i)	03/03/2026		195,563
	80,000	NOVA Chemicals Corp.		7.00	%(a)	12/01/2031		79,710
	235,000	Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.		8.00	%(a)	08/01/2030		242,750
	452,000	Orazul Energy Peru SA		5.63	%	04/28/2027		440,935
	1,200,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)		1.83	%	09/10/2030		1,172,188
	125,000	Parkland Corp.		4.63	%(a)	05/01/2030		114,855
	400,000	Periama Holdings		5.95	%	04/19/2026		399,796
	575,775	Prumo Participacoes e Investimentos S/A		7.50	%	12/31/2031		572,390
	250,000	Reliance Industries Ltd.		4.13	%	01/28/2025		249,783
	500,000	Reliance Industries Ltd.		3.67	%	11/30/2027		483,730
	1,280,000	Rutas 2 & 7 Finance Ltd.		0.00	%	09/30/2036		909,635
	400,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA		3.75	%	08/02/2028		363,649
	155,000	Seaspan Corp.		5.50	%(a)	08/01/2029		144,904
	200,000	Simpar Europe SA		5.20	%	01/26/2031		150,396
	500,000	Southern Copper Corp.		3.88	%	04/23/2025		497,855
	25,000	Telesat Canada / Telesat LLC		4.88	%(a)	06/01/2027		14,045
	200,000	Termocandelaria Power SA		7.75	%(a)	09/17/2031		202,412
	433,635	Tierra Mojada Luxembourg II Sarl		5.75	%	12/01/2040		397,148
	200,000	TK Elevator US Newco, Inc.		5.25	%(a)	07/15/2027		195,947
	400,000	Unigel Luxembourg SA		8.75	%(g)	10/01/2026		78,612
	600,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.52%)		1.75	%	03/16/2031		576,936
	800,000	UPL Corp. Ltd.		4.63	%	06/16/2030		709,138
	225,000	Vallourec SACA		7.50	%(a)	04/15/2032		233,456
	386,612	Vedanta Resources Ltd.		13.88	%	12/09/2028		388,596
	325,000	VZ Secured Financing BV		5.00	%(a)	01/15/2032		288,018
	170,000	ZF North America Capital, Inc.		6.88	%(a)	04/23/2032		161,409
		Total Foreign Corporate Bonds (Cost $54,618,822)						52,103,079
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 1.1%
	600,000	Banco do Brasil SA/Cayman (10 yr. CMT Rate + 4.40%)		8.75	%(i)	04/15/2025		601,616
	500,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%	08/11/2031		460,989
	200,000	Banco Nacional de Panama		2.50	%	08/11/2030		159,305
	400,000	Bank Negara Indonesia Persero Tbk PT		3.75	%	03/30/2026		390,676
	870,966	Bioceanico Sovereign Certificate Ltd.		0.00	%	06/05/2034		673,257
	2,000,000	Colombia Government International Bond		4.13	%	05/15/2051		1,149,770
	400,000	Comision Federal de Electricidad		6.45	%(a)	01/24/2035		377,987
	200,000	Dominican Republic International Bond		5.50	%	02/22/2029		194,150
	1,500,000	Ecopetrol SA		5.88	%	11/02/2051		1,008,417

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	700,000	FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple		7.25	%(a)	01/31/2041		686,490
	400,000	Guatemala Government Bond		4.38	%	06/05/2027		385,600
	200,000	Guatemala Government Bond		4.88	%	02/13/2028		193,350
	400,000	Guatemala Government Bond		5.25	%	08/10/2029		385,300
	700,000	Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT		4.75	%	05/15/2025		698,788
	579,098	Lima Metro Line 2 Finance Ltd.		5.88	%	07/05/2034		578,081
	1,400,000	Mexico Government International Bond		6.34	%	05/04/2053		1,250,992
	200,000	OCP SA		4.50	%	10/22/2025		197,799
	1,300,000	Panama Government International Bond		3.87	%	07/23/2060		683,074
	200,000	Paraguay Government International Bond		4.70	%	03/27/2027		196,700
	800,000	Pertamina Persero PT		1.40	%	02/09/2026		766,811
	300,000	Petroleos del Peru SA		4.75	%	06/19/2032		227,180
	400,000	Petroleos del Peru SA		5.63	%	06/19/2047		256,725
	900,000	Petroleos Mexicanos		6.75	%	09/21/2047		619,396
	500,000	Republic of South Africa Government International Bond		4.30	%	10/12/2028		468,219
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $14,904,726)						12,610,672
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 11.5%
		Arbor Multifamily Mortgage Securities Trust
	10,194,000	Series 2021-MF3-XD		1.18	%(a)(j)(k)	10/15/2054		673,012
		Arbor Realty Trust, Inc.
	15,055,199	Series 2020-MF1-XA		0.94	%(a)(j)(k)	05/15/2053		586,376
		Banc of America Re-Remic Trust
	1,000,000	Series 2015-200P-D		3.60	%(a)(j)	04/14/2033		986,371
		BANK
	8,757,026	Series 2017-BNK5-XA		0.94	%(j)(k)	06/15/2060		164,071
	57,660,445	Series 2018-BN11-XA		0.44	%(j)(k)	03/15/2061		788,639
		BANK5 Trust
	2,034,000	Series 2024-5YR10-C		5.74	%(j)	10/15/2057		2,002,939
		BBCMS Trust
	1,675,000	Series 2019-BWAY-E (1 mo. Term SOFR + 2.96%, 2.85% Floor)		7.36	%(a)	11/15/2034		8,396
	1,104,000	Series 2024-5C29-C		5.51	%	09/15/2057		1,079,350
		BB-UBS Trust
	1,070,705	Series 2012-TFT-TE		3.56	%(a)(j)	06/05/2030		937,193
		BDS Ltd.
	1,215,851	Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)		5.84	%(a)	12/16/2036		1,223,214
	1,600,000	Series 2022-FL11-B (1 mo. Term SOFR + 2.35%, 2.35% Floor)		6.72	%(a)	03/19/2039		1,611,870
	1,650,000	Series 2024-FL13-B (1 mo. Term SOFR + 2.24%, 2.24% Floor)		6.61	%(a)	09/19/2039		1,658,432
		Benchmark Mortgage Trust
	56,188,810	Series 2022-B32-XA		0.46	%(a)(j)(k)	01/15/2055		929,537
	1,627,000	Series 2024-V9-C		6.45	%(j)	08/15/2057		1,646,257
		Blackstone Mortgage Trust, Inc.
	1,463,530	Series 2021-FL4-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.55	%(a)	05/15/2038		1,427,139
		BLP Commercial Mortgage Trust
	718,708	Series 2024-IND2-D (1 mo. Term SOFR + 2.59%, 2.59% Floor)		6.99	%(a)	03/15/2041		721,249
		BMO Mortgage Trust
	1,700,000	Series 2024-5C6-C		5.88	%(j)	09/15/2057		1,668,061
	3,457,000	Series 2024-C10-XD		1.59	%(a)(j)(k)	11/15/2057		420,558
		BPR Trust
	1,300,000	Series 2021-TY-D (1 mo. Term SOFR + 2.46%, 2.35% Floor)		6.86	%(a)	09/15/2038		1,291,915
		BSPRT Co.-Issuer LLC
	1,500,000	Series 2023-FL10-A (1 mo. Term SOFR + 2.26%, 2.26% Floor)		6.66	%(a)	09/15/2035		1,508,720
	1,500,000	Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor)		7.66	%(a)	09/15/2035		1,514,537

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		BSPRT Issuer LLC
	785,000	Series 2024-FL11-B (1 mo. Term SOFR + 2.29%, 2.29% Floor)		6.69	%(a)	07/15/2039		787,557
		BX Trust
	900,000	Series 2019-IMC-D (1 mo. Term SOFR + 1.95%, 1.90% Floor)		6.34	%(a)	04/15/2034		889,046
	1,484,812	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.24	%(a)	10/15/2036		1,477,192
	1,358,000	Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.16	%(a)	10/15/2036		1,355,272
	976,607	Series 2021-CIP-B (1 mo. Term SOFR + 1.39%, 1.27% Floor)		5.78	%(a)	12/15/2038		976,036
	859,700	Series 2021-RISE-B (1 mo. Term SOFR + 1.36%, 1.25% Floor)		5.76	%(a)	11/15/2036		856,019
	510,000	Series 2021-VIEW-B (1 mo. Term SOFR + 1.91%, 1.80% Floor)		6.31	%(a)	06/15/2036		508,511
	1,390,000	Series 2021-VOLT-E (1 mo. Term SOFR + 2.11%, 2.00% Floor)		6.51	%(a)	09/15/2036		1,387,770
	819,000	Series 2022-PSB-C (1 mo. Term SOFR + 3.70%, 3.70% Floor)		8.09	%(a)	08/15/2039		823,855
	800,000	Series 2024-AIRC-C (1 mo. Term SOFR + 2.59%, 2.59% Floor)		6.99	%(a)	08/15/2039		805,926
	680,000	Series 2024-GPA3-C (1 mo. Term SOFR + 1.89%, 1.89% Floor)		6.40	%(a)	12/15/2039		680,952
		CALI Mortgage Trust
	785,000	Series 2024-SUN-C (1 mo. Term SOFR + 2.79%, 2.79% Floor)		7.27	%(a)	07/15/2041		791,396
		Carbon Capital VI Commercial Mortgage Trust
	1,119,631	Series 2019-FL2-B (1 mo. Term SOFR + 2.96%, 2.85% Floor)		7.36	%(a)	10/15/2035		570,486
		Century Plaza Towers
	1,190,000	Series 2019-CPT-E		3.00	%(a)(j)	11/13/2039		923,735
		CFCRE Commercial Mortgage Trust
	3,209,491	Series 2016-C4-XA		1.56	%(j)(k)	05/10/2058		40,593
		Citigroup Commercial Mortgage Trust
	6,142,896	Series 2016-C1-XA		1.81	%(j)(k)	05/10/2049		101,409
	2,167,328	Series 2016-P4-XA		1.89	%(j)(k)	07/10/2049		40,977
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	8,448,047	Series 2017-CD3-XA		0.95	%(j)(k)	02/10/2050		133,466
	1,597,337	Series 2020-C9-A2		1.90	%	08/15/2053		1,535,040
		Commercial Mortgage Pass Through Certificates
	9,976,706	Series 2015-CR25-XA		0.78	%(j)(k)	08/10/2048		18,467
	6,315,213	Series 2015-CR27-XA		0.90	%(j)(k)	10/10/2048		20,363
	1,227,000	Series 2015-DC1-C		4.27	%(j)	02/10/2048		1,091,234
	821,505	Series 2015-DC1-XA		0.84	%(j)(k)	02/10/2048		8
	8,183,226	Series 2015-LC21-XA		0.60	%(j)(k)	07/10/2048		3,309
	2,467,234	Series 2016-DC2-XA		0.91	%(j)(k)	02/10/2049		13,734
	2,228,000	Series 2018-HCLV-D (1 mo. Term SOFR + 2.47%, 2.18% Floor)		6.87	%(a)	09/15/2033		569,414
		Computershare Corporate Trust
	100,000	Series 2015-C27-C		3.89	%	02/15/2048		88,332
	400,000	Series 2015-C28-C		4.08	%(j)	05/15/2048		373,939
	8,872,685	Series 2015-C30-XA		0.86	%(j)(k)	09/15/2058		19,795
	4,620,563	Series 2015-C31-XA		0.94	%(j)(k)	11/15/2048		16,938
	1,340,552	Series 2015-NXS1-XA		0.95	%(j)(k)	05/15/2048		670
	5,996,091	Series 2015-NXS2-XA		0.58	%(j)(k)	07/15/2058		11,817
	1,767,019	Series 2016-C33-XA		1.56	%(j)(k)	03/15/2059		20,777
	3,463,982	Series 2016-NXS6-XA		1.59	%(j)(k)	11/15/2049		54,629
	12,972,922	Series 2017-C38-XA		0.91	%(j)(k)	07/15/2050		221,051
	1,852,332	Series 2017-RC1-XA		1.37	%(j)(k)	01/15/2060		44,281
	2,267,000	Series 2018-C47-C		4.92	%(j)	09/15/2061		2,120,473
	1,024,000	Series 2019-JWDR-C		3.04	%(a)(j)	09/15/2031		983,657
		Credit Suisse Mortgage Capital Certificates
	1,974,822	Series 2014-USA-X1		0.54	%(a)(j)(k)	09/15/2037		20
		CSAIL Commercial Mortgage Trust
	513,571	Series 2015-C1-XA		0.45	%(j)(k)	04/15/2050		5
	38,623,508	Series 2018-CX12-XA		0.54	%(j)(k)	08/15/2051		621,047
	31,737,815	Series 2021-C20-XA		0.99	%(j)(k)	03/15/2054		1,445,264
	18,269,000	Series 2021-C20-XD		1.46	%(a)(j)(k)	03/15/2054		1,365,772

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		ELP Commercial Mortgage Trust
	1,426,340	Series 2021-ELP-C (1 mo. Term SOFR + 1.43%, 1.32% Floor)		5.83	%(a)	11/15/2038		1,425,500
		FS Rialto
	794,212	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.76	%(a)	11/16/2036		794,679
	2,100,000	Series 2021-FL3-D (1 mo. Term SOFR + 2.61%, 2.61% Floor)		7.01	%(a)	11/16/2036		2,078,059
	1,450,000	Series 2022-FL4-AS (30 day avg SOFR US + 2.40%, 2.40% Floor)		7.00	%(a)	01/19/2039		1,453,007
		Granite Point Mortgage Trust, Inc.
	1,000,000	Series 2021-FL4-B (1 mo. Term SOFR + 2.06%, 1.95% Floor)		6.42	%(a)	12/15/2036		963,122
		Great Wolf Trust
	1,450,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)		5.94	%(a)	03/15/2039		1,454,289
		Greystone Commercial Real Estate Notes
	670,000	Series 2021-FL3-D (1 mo. Term SOFR + 2.31%, 2.20% Floor)		6.71	%(a)	07/15/2039		666,298
		GS Mortgage Securities Corp. II
	710,790	Series 2014-GC24-XA		0.33	%(j)(k)	09/10/2047		7
	6,677,278	Series 2015-GS1-XA		0.75	%(j)(k)	11/10/2048		25,243
	5,192,251	Series 2016-GS2-XA		1.72	%(j)(k)	05/10/2049		70,815
	442,000	Series 2018-GS10-WLSD		4.90	%(a)(j)	03/10/2033		39,347
	553,000	Series 2018-GS10-WLSE		4.90	%(a)(j)	03/10/2033		44,874
	1,509,000	Series 2018-RIVR-E (1 mo. Term SOFR + 1.85%, 1.80% Floor)		6.24	%(a)	07/15/2035		15,845
	850,000	Series 2018-TWR-E (1 mo. Term SOFR + 2.40%, 2.10% Floor)		6.80	%(a)	07/15/2031		129,591
	850,000	Series 2018-TWR-F (1 mo. Term SOFR + 3.10%, 2.80% Floor)		7.50	%(a)	07/15/2031		71,498
	850,000	Series 2018-TWR-G (1 mo. Term SOFR + 4.22%, 3.93% Floor)		8.62	%(a)	07/15/2031		12,674
		GSCG Trust
	2,377,000	Series 2019-600C-E		3.99	%(a)(j)	09/06/2034		99,834
		HIG RCP LLC
	2,150,000	Series 2023-FL1-B (1 mo. Term SOFR + 3.61%, 3.61% Floor)		8.01	%(a)	09/19/2038		2,178,683
		JP Morgan Chase Commercial Mortgage Securities
	1,376,000	Series 2014-C20-C		4.51	%(j)	07/15/2047		1,301,359
	4,869,597	Series 2016-JP4-XA		0.57	%(j)(k)	12/15/2049		38,034
	766,000	Series 2019-UES-C		4.34	%(a)	05/05/2032		732,338
	784,000	Series 2019-UES-D		4.45	%(a)(j)	05/05/2032		744,478
	915,000	Series 2019-UES-E		4.45	%(a)(j)	05/05/2032		852,915
	960,000	Series 2019-UES-F		4.45	%(a)(j)	05/05/2032		871,277
	1,049,000	Series 2019-UES-G		4.45	%(a)(j)	05/05/2032		920,429
		JPMBB Commercial Mortgage Securities Trust
	2,154,807	Series 2014-C21-C		4.56	%(j)	08/15/2047		2,125,720
	1,115,000	Series 2015-C29-C		4.18	%(j)	05/15/2048		962,679
	2,814,408	Series 2015-C29-XA		0.52	%(j)(k)	05/15/2048		1,932
	3,651,536	Series 2015-C31-XA		0.80	%(j)(k)	08/15/2048		8,452
	470,000	Series 2015-C33-C		4.64	%(j)	12/15/2048		422,212
		KREF
	1,361,310	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.57	%(a)	02/15/2039		1,359,519
	1,897,500	Series 2021-FL2-B (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.15	%(a)	02/15/2039		1,866,781
	1,666,886	Series 2022-FL3-A (1 mo. Term SOFR + 1.45%, 1.45% Floor)		5.82	%(a)	02/17/2039		1,666,334
		Ladder Capital Commercial Mortgage Securities LLC
	2,532,000	Series 2017-LC26-C		4.71	%(a)	07/12/2050		2,310,811
		LoanCore
	1,236,500	Series 2021-CRE6-AS (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.16	%(a)	11/15/2038		1,223,687
	2,560,000	Series 2022-CRE7-C (30 day avg SOFR US + 2.50%, 2.50% Floor)		7.10	%(a)	01/17/2037		2,539,420
		LSTAR Commercial Mortgage Trust
	2,303,336	Series 2016-4-XA		1.67	%(a)(j)(k)	03/10/2049		21,960
	11,176,106	Series 2017-5-X		0.84	%(a)(j)(k)	03/10/2050		146,406
		Lument Finance Trust, Inc.
	913,912	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.68	%(a)	06/15/2039		915,893
	1,890,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.26	%(a)	06/15/2039		1,869,329

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Merit 2020
	670,000	Series 2021-STOR-C (1 mo. Term SOFR + 1.16%, 1.05% Floor)		5.56	%(a)	07/15/2038		667,424
		MF1 Multifamily Housing Mortgage Loan Trust
	1,487,000	Series 2021-FL7-B (1 mo. Term SOFR + 1.86%, 1.75% Floor)		6.24	%(a)	10/16/2036		1,463,441
	1,950,000	Series 2021-FL7-C (1 mo. Term SOFR + 2.16%, 2.05% Floor)		6.54	%(a)	10/16/2036		1,906,694
	2,218,000	Series 2021-FL7-D (1 mo. Term SOFR + 2.66%, 2.55% Floor)		7.04	%(a)	10/16/2036		2,153,314
	1,500,000	Series 2023-FL12-C (1 mo. Term SOFR + 3.78%, 3.78% Floor)		8.14	%(a)	10/19/2038		1,509,353
	1,380,000	Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor)		6.10	%(a)	03/19/2039		1,386,519
	1,500,000	Series 2024-FL15-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.87	%(a)	08/18/2041		1,507,133
	2,100,000	Series 2024-FL16-D (1 mo. Term SOFR + 3.59%, 3.59% Floor)		7.97	%(a)	11/18/2029		2,105,189
		MFT Trust
	2,538,000	Series 2020-ABC-D		3.48	%(a)(j)	02/10/2042		1,231,479
		Morgan Stanley Bank of America Merrill Lynch Trust
	982,838	Series 2013-C9-B		3.71	%(j)	05/15/2046		922,507
	1,140,652	Series 2014-C17-E		3.50	%(a)	08/15/2047		1,105,471
		Morgan Stanley Capital I, Inc.
	2,489,000	Series 2019-NUGS-F (1 mo. Term SOFR + 2.96%, 4.34% Floor)		7.36	%(a)	12/15/2036		37,989
		Natixis Commercial Mortgage Securities Trust
	1,919,000	Series 2018-FL1-C (Prime Rate + 0.00%, 0.00% Floor)		7.75	%(a)	06/15/2035		857,839
	685,000	Series 2020-2PAC-AMZ2		3.50	%(a)(j)	01/15/2037		464,211
	639,000	Series 2020-2PAC-AMZ3		3.50	%(a)(j)	01/15/2037		367,802
		One New York Plaza Trust
	1,500,000	Series 2020-1NYP-C (1 mo. Term SOFR + 2.31%, 2.20% Floor)		6.71	%(a)	01/15/2036		1,392,634
		PFP III Ltd.
	920,000	Series 2021-8-C (1 mo. Term SOFR + 1.91%, 1.80% Floor)		6.31	%(a)	08/09/2037		922,169
	995,530	Series 2024-11-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.97	%(a)	09/17/2039		997,370
		Ready Capital Corp.
	700,000	Series 2021-FL5-D (1 mo. Term SOFR + 3.11%, 3.00% Floor)		7.45	%(a)	04/25/2038		702,903
	1,750,000	Series 2021-FL6-D (1 mo. Term SOFR + 2.51%, 2.40% Floor)		6.85	%(a)	07/25/2036		1,751,232
	1,000,000	Series 2021-FL7-E (1 mo. Term SOFR + 3.51%, 3.40% Floor)		7.85	%(a)	11/25/2036		998,297
	1,110,258	Series 2022-FL10-A (1 mo. Term SOFR + 2.55%, 2.55% Floor)		6.89	%(a)	10/25/2039		1,116,652
	1,740,000	Series 2022-FL8-E (30 day avg SOFR US + 4.25%, 4.25% Floor)		8.82	%(a)	01/25/2037		1,746,076
	2,100,000	Series 2023-FL11-B (1 mo. Term SOFR + 3.53%, 3.53% Floor)		7.87	%(a)	10/25/2039		2,121,764
	980,000	Series 2023-FL12-AS (1 mo. Term SOFR + 3.20%, 3.20% Floor)		7.54	%(a)	05/25/2038		988,294
		Rialto Real Estate Fund LP
	1,480,000	Series 2022-FL8-A (1 mo. Term SOFR + 2.25%, 2.25% Floor)		6.65	%(a)	01/19/2037		1,482,208
		RLGH Trust
	1,650,000	Series 2021-TROT-D (1 mo. Term SOFR + 1.83%, 1.71% Floor)		6.23	%(a)	04/15/2036		1,633,933
		ROCK Trust
	516,000	Series 2024-CNTR-D		7.11	%(a)	11/13/2041		524,988
		Soho Trust
	2,874,000	Series 2021-SOHO-B		2.70	%(a)(j)	08/10/2038		2,060,292
		Starwood Property Mortgage Trust
	1,720,000	Series 2019-FL1-C (1 mo. Term SOFR + 2.06%, 2.06% Floor)		6.46	%(a)	07/15/2038		1,702,012
	1,708,963	Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor)		5.95	%(a)	11/15/2038		1,706,540
		TCO Commercial Mortgage Trust
	680,000	Series 2024-DPM-C (1 mo. Term SOFR + 1.99%, 1.99% Floor)		6.49	%(a)	12/15/2039		681,778
		TPG Real Estate Finance Issuer Ltd.
	1,160,000	Series 2021-FL4-B (1 mo. Term SOFR + 1.96%, 1.85% Floor)		6.35	%(a)	03/15/2038		1,153,071
	1,500,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.53	%(a)	02/15/2039		1,492,992

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		UBS Commercial Mortgage Trust
	295,000	Series 2018-C13-C		4.97	%(j)	10/15/2051		264,304
	1,097,000	Series 2018-C8-C		4.68	%(j)	02/15/2051		971,322
	12,517,908	Series 2018-C8-XA		0.81	%(j)(k)	02/15/2051		269,911
		VEGAS Trust
	1,014,000	Series 2024-TI-A		5.52	%(a)	11/10/2039		1,017,328
		VMC Finance LLC
	1,321,442	Series 2019-FL3-D (1 mo. Term SOFR + 3.26%, 3.15% Floor)		7.66	%(a)	09/15/2036		1,301,176
	1,600,000	Series 2022-FL5-AS (30 day avg SOFR US + 2.40%, 2.40% Floor)		7.00	%(a)	02/18/2039		1,611,042
		WF-RBS Commercial Mortgage Trust
	105,750	Series 2014-C21-XA		0.50	%(j)(k)	08/15/2047		210
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $160,129,636)						129,360,263
	NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 16.1%
		ACE Securities Corp.
	2,590,585	Series 2007-HE1-A2A (1 mo. Term SOFR + 0.29%, 0.18% Floor)		4.63	%	01/25/2037		1,542,454
	1,051,501	Series 2007-HE1-A2D (1 mo. Term SOFR + 0.61%, 0.50% Floor)		4.95	%	01/25/2037		626,025
		AMSR Trust
	1,000,000	Series 2020-SFR4-E1		2.21	%(a)	11/17/2037		971,264
	5,122,000	Series 2021-SFR3-G		3.80	%(a)	10/17/2038		4,820,833
		APS Resecuritization Trust
	7,223,427	Series 2015-3-1MZ (12 Month US Treasury Average + 0.96%, 0.96% Floor)		4.44	%(a)	10/27/2046		6,323,781
		Asset Backed Securities Corp. Home Equity
	1,514,169	Series 2007-HE2-A4 (1 mo. Term SOFR + 0.34%, 0.23% Floor)		4.68	%	05/25/2037		1,058,395
		Bear Stearns Adjustable Rate Mortgage Trust
	845,844	Series 2006-2-2A1		4.43	%(j)	07/25/2036		719,111
		Bear Stearns Alt-A Trust
	645,498	Series 2006-4-22A1		4.36	%(j)	08/25/2036		465,041
		Chase Mortgage Finance Corp.
	1,954,849	Series 2007-S4-A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)		5.05	%	06/25/2037		618,790
		Citimortgage Alternative Loan Trust
	531,298	Series 2007-A5-1A10		5.75	%	05/25/2037		475,508
		Connecticut Avenue Securities Trust
	13,200,000	Series 2024-R05-2M2 (30 day avg SOFR US + 1.70%, 1.90% Floor)		6.27	%(a)	07/25/2044		13,284,906
		Countrywide Alternative Loan Trust
	213,316	Series 2005-75CB-A3		5.50	%	01/25/2036		144,903
	526,508	Series 2006-23CB-2A2		6.50	%	08/25/2036		161,772
	3,244,278	Series 2006-6CB-2A10		6.00	%	05/25/2036		1,220,643
	1,818,849	Series 2006-OA6-1A1A (1 mo. Term SOFR + 0.53%, 0.42% Floor)		4.87	%	07/25/2046		1,594,778
	280,669	Series 2007-15CB-A7		6.00	%	07/25/2037		163,246
	471,556	Series 2008-1R-2A3		6.00	%	08/25/2037		233,432
		Countrywide Home Loan Mortgage Pass Through Trust
	97,176	Series 2005-HYB9-3A2A (12 mo. Term SOFR + 2.47%, 1.75% Floor, 11.00% Cap)		6.66	%	02/20/2036		82,745
	245,565	Series 2007-14-A15		6.50	%	09/25/2037		136,071
	4,808,891	Series 2007-14-A19		6.00	%	09/25/2037		2,471,761
	300,453	Series 2007-HY1-1A1		4.45	%(j)	04/25/2037		276,460
		Credit Suisse First Boston Mortgage Securities Corp.
	355,721	Series 2005-10-6A9		5.50	%	11/25/2035		115,783
	157,085	Series 2005-9-5A9		5.50	%	10/25/2035		81,314
		Credit Suisse Mortgage Capital Certificates
	368,228	Series 2011-12R-3A5		5.88	%(a)(j)	07/27/2036		365,999
	7,700,000	Series 2020-RPL6-A2		3.46	%(a)(j)	03/25/2059		7,630,931
	1,500,000	Series 2021-NQM6-B1		3.29	%(a)(j)	07/25/2066		1,021,384

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		CSAB Mortgage Backed Trust
	258,540	Series 2006-2-A5A		6.58	%(e)	09/25/2036		78,029
		DB US Financial Markets Holding Corp.
	92,879	Series 2014-RS1-1A2		6.50	%(a)(j)	07/27/2037		76,694
		Deutsche ALT-A Securities, Inc.
	160,762	Series 2006-AB4-A1A		6.01	%(j)	10/25/2036		135,914
		Fannie Mae Connecticut Avenue Securities
	6,200,000	Series 2024-R01-1M2 (30 day avg SOFR US + 1.80%, 1.80% Floor)		6.37	%(a)	01/25/2044		6,268,619
		FirstKey Homes Trust
	6,452,000	Series 2021-SFR1-F1		3.24	%(a)	08/17/2038		6,160,969
		Freddie Mac Structured Agency Credit Risk Debt Notes
	4,300,000	Series 2024-DNA1-M2 (30 day avg SOFR US + 1.95%, 0.00% Floor)		6.52	%(a)	02/25/2044		4,362,105
		Freedom Mortgage Parent LLC
	8,000,000	Series 2021-GT1-A		3.62	%(a)(j)	07/25/2026		7,388,726
		GCAT
	500,000	Series 2019-NQM3-B1		3.95	%(a)(j)	11/25/2059		412,202
		Home Partners of America Trust
	6,410,959	Series 2019-2-F		3.87	%(a)	10/19/2039		5,895,104
		Impac Secured Assets CMN Owner Trust
	656,787	Series 2006-5-1A1C (1 mo. Term SOFR + 0.65%, 0.54% Floor, 11.50% Cap)		4.99	%	02/25/2037		593,195
		JP Morgan Mortgage Trust
	401,115	Series 2005-S3-1A2		5.75	%	01/25/2036		174,406
	279,829	Series 2007-A2-4A1M		4.54	%(j)	04/25/2037		226,941
		Legacy Mortgage Asset Trust
	3,513,700	Series 2021-GS1-A2		6.84	%(a)(e)	10/25/2066		3,517,781
		Lehman Mortgage Trust
	104,530	Series 2006-1-1A3		5.50	%	02/25/2036		49,025
		LoanDepot GMSR Master Trust
	3,000,000	Series 2018-GT1-A (1 mo. Term SOFR + 3.66%, 2.80% Floor)		8.06	%(a)	10/16/2025		2,992,047
		Mastr Adjustable Rate Mortgages Trust
	67,831	Series 2006-2-2A1		7.27	%(j)	04/25/2036		32,988
		Merrill Lynch Alternative Note Asset
	257,798	Series 2007-F1-2A7		6.00	%	03/25/2037		88,965
		Merrill Lynch Mortgage Investors, Inc.
	538,934	Series 2006-AF1-AF2C		6.25	%	08/25/2036		216,312
		Morgan Stanley Mortgage Loan Trust
	4,364,373	Series 2005-7-3A1		4.61	%(j)	11/25/2035		2,439,728
	68,774	Series 2005-7-4A1		5.50	%	11/25/2035		41,141
	270,183	Series 2006-2-7A1		5.47	%(j)	02/25/2036		152,026
	422,153	Series 2007-8XS-A1		5.75	%(j)	04/25/2037		203,935
		Morgan Stanley Resecuritization Trust
	6,865,276	Series 2013-R7-8B (12 Month US Treasury Average + 0.96%, 0.96% Floor)		6.01	%(a)	12/26/2046		6,527,659
		New Century Home Equity Loan Trust
	965,821	Series 2006-1-A2B (1 mo. Term SOFR + 0.47%, 0.36% Floor, 12.50% Cap)		4.81	%	05/25/2036		960,748
		Novastar Home Equity Loan
	9,419,920	Series 2006-3-A2C (1 mo. Term SOFR + 0.43%, 0.32% Floor, 11.00% Cap)		4.77	%	10/25/2036		4,306,665
		Onslow Bay Mortgage Loan Trust
	1,375,000	Series 2024-NQM18-M1		6.17	%(a)(j)	10/25/2064		1,364,258
		PennyMac Mortgage Investment Trust
	500,000	Series 2021-FT1-A (1 mo. Term SOFR + 3.11%, 3.12% Floor)		7.45	%(a)	03/25/2026		502,391
		Progress Residential Trust
	1,100,000	Series 2021-SFR1-G		3.86	%(a)	04/17/2038		1,072,963
	7,500,000	Series 2021-SFR2-F		3.40	%(a)	04/19/2038		7,283,675
	8,100,000	Series 2021-SFR3-F		3.44	%(a)	05/17/2026		7,906,745
	6,000,000	Series 2024-SFR3-E1		4.00	%(a)	06/17/2041		5,448,161
		RALI Trust
	243,676	Series 2006-QS12-2A3		6.00	%	09/25/2036		188,177

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		Residential Asset Securitization Trust
	1,488,931	Series 2005-A15-5A2		5.75	%	02/25/2036		545,187
	344,688	Series 2006-A2-A11		6.00	%	01/25/2046		130,233
		RESIDENTIAL MORTGAGE LOAN TRUST
	5,750,000	Series 2020-1-B1		3.95	%(a)(j)	01/26/2060		5,311,726
		RFMSI Trust
	2,416,957	Series 2006-S8-A10		6.00	%	09/25/2036		1,873,241
		Soundview Home Equity Loan Trust
	4,182,392	Series 2007-OPT1-2A2 (1 mo. Term SOFR + 0.26%, 0.15% Floor)		4.60	%	06/25/2037		2,759,226
		Starwood Mortgage Residential Trust
	1,116,000	Series 2019-INV1-B1		3.66	%(a)(j)	09/27/2049		1,012,529
		Structured Adjustable Rate Mortgage Loan Trust
	498,279	Series 2005-22-4A1		5.60	%(j)	12/25/2035		458,714
		Structured Asset Securities Corp.
	6,780,185	Series 2007-OSI-A4 (1 mo. Term SOFR + 0.31%, 0.20% Floor)		4.65	%	06/25/2037		4,371,374
	4,761,968	Series 2007-RF1-1A (1 mo. Term SOFR + 0.30%, 0.19% Floor)		4.64	%(a)	03/25/2037		3,911,727
		TBW Mortgage Backed Pass Through Certificates
	13,411,895	Series 2006-3-4A1 (1 mo. Term SOFR + 0.51%, 0.40% Floor, 7.50% Cap)		4.85	%	07/25/2036		1,075,123
	13,411,982	Series 2006-3-4A3 (-1 x 1 mo. Term SOFR + 6.99%, 0.00% Floor, 7.10% Cap)		2.65	%(k)(l)	07/25/2036		527,354
		Towd Point Mortgage Trust
	5,000,000	Series 2017-5-B1 (1 mo. Term SOFR + 1.91%, 0.00% Floor)		6.25	%(a)	02/25/2057		5,039,953
		Tricon American Homes Trust
	5,000,000	Series 2019-SFR1-F		3.75	%(a)	03/17/2038		4,873,959
		Velocity Commercial Capital Loan Trust
	1,076,531	Series 2018-2-M2		4.51	%(a)(j)	10/26/2048		984,921
	274,442	Series 2018-2-M3		4.72	%(a)(j)	10/26/2048		243,731
	945,129	Series 2019-1-M5		5.70	%(a)(j)	03/25/2049		816,870
	1,117,496	Series 2019-2-M4		3.99	%(a)(j)	07/25/2049		923,147
		Verus Securitization Trust
	3,100,000	Series 2019-INV3-B1		3.73	%(a)(j)	11/25/2059		2,767,360
	2,600,000	Series 2021-3-B1		3.20	%(a)(j)	06/25/2066		1,914,864
	5,000,000	Series 2021-7-B1		4.14	%(a)(j)	10/25/2066		3,796,744
	3,000,000	Series 2021-R2-B1		3.25	%(a)(j)	02/25/2064		2,217,443
	4,750,000	Series 2024-6-M1		6.18	%(a)(j)	07/25/2069		4,751,869
	2,000,000	Series 2024-9-M1		6.20	%(a)(j)	11/25/2069		1,999,482
		WaMu Mortgage Pass Through Certificates
	684,121	Series 2007-HY6-2A2		4.11	%(j)	06/25/2037		587,524
		Washington Mutual Alternative Mortgage Pass-Through Certificates
	437,412	Series 2006-2-4CB		6.00	%	03/25/2036		417,429
		Wells Fargo Alternative Loan Trust
	214,838	Series 2007-PA5-1A1		6.25	%	11/25/2037		186,819
		Wells Fargo Home Equity Trust
	4,534,286	Series 2007-2-A4 (1 mo. Term SOFR + 0.71%, 0.60% Floor)		5.05	%	04/25/2037		3,229,910
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $209,887,801)						180,404,083
	US CORPORATE BONDS - 3.9%
	215,000	AAR Escrow Issuer LLC		6.75	%(a)	03/15/2029		218,228
	425,000	Academy Ltd.		6.00	%(a)	11/15/2027		423,101
	75,000	Acrisure LLC / Acrisure Finance, Inc.		6.00	%(a)	08/01/2029		72,227
	275,000	Acuris Finance US, Inc. / Acuris Finance SARL		5.00	%(a)	05/01/2028		250,177
	90,000	Acushnet Co.		7.38	%(a)	10/15/2028		93,134
	110,000	AdaptHealth LLC		5.13	%(a)	03/01/2030		100,254
	450,000	Advanced Drainage Systems, Inc.		6.38	%(a)	06/15/2030		452,103
	240,000	Aethon United BR LP / Aethon United Finance Corp.		7.50	%(a)	10/01/2029		245,676
	215,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.75	%(a)	10/15/2027		213,439
	245,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer		6.50	%(a)	10/01/2031		242,887

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	280,000	Allied Universal Holdco LLC		7.88	%(a)	02/15/2031		286,532
	200,000	Allied Universal Holdco LLC / Allied Universal Finance Corp.		6.00	%(a)	06/01/2029		182,446
	60,000	AMC Entertainment Holdings, Inc.		7.50	%(a)	02/15/2029		53,334
	140,000	Amentum Holdings, Inc.		7.25	%(a)	08/01/2032		141,221
	205,000	American Airlines, Inc.		8.50	%(a)	05/15/2029		215,364
	100,000	American Axle & Manufacturing, Inc.		5.00	%	10/01/2029		91,462
	185,000	AmWINS Group, Inc.		4.88	%(a)	06/30/2029		174,570
	110,000	Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp.		7.00	%(a)	04/15/2030		97,705
	40,000	Anywhere Real Estate Group LLC / Realogy Co.-Issuer Corp.		5.25	%(a)	04/15/2030		30,126
	80,000	APH / APH2 / APH3		7.88	%(a)	11/01/2029		81,157
	230,000	Archrock Partners LP / Archrock Partners Finance Corp.		6.63	%(a)	09/01/2032		229,931
	90,000	Arcosa, Inc.		6.88	%(a)	08/15/2032		91,554
	60,000	Arsenal AIC Parent LLC		8.00	%(a)	10/01/2030		62,163
	55,000	Artera Services LLC		8.50	%(a)	02/15/2031		53,070
	130,000	Ashton Woods USA LLC / Ashton Woods Finance Co.		4.63	%(a)	04/01/2030		118,091
	170,000	AssuredPartners, Inc.		5.63	%(a)	01/15/2029		172,069
	165,000	AthenaHealth Group, Inc.		6.50	%(a)	02/15/2030		156,970
	50,000	Avient Corp.		6.25	%(a)	11/01/2031		49,374
	230,000	Bausch + Lomb Corp.		8.38	%(a)	10/01/2028		238,338
	75,000	Bausch Health Americas, Inc.		8.50	%(a)	01/31/2027		61,978
	200,000	Bausch Health Cos., Inc.		4.88	%(a)	06/01/2028		160,223
	90,000	Bausch Health Cos., Inc.		5.25	%(a)	01/30/2030		49,131
	15,000	Bausch Health Cos., Inc.		14.00	%(a)	10/15/2030		13,991
	380,000	BCPE Empire Holdings, Inc.		7.63	%(a)	05/01/2027		379,089
	180,000	Beacon Roofing Supply, Inc.		6.50	%(a)	08/01/2030		182,792
	220,000	Blue Racer Midstream LLC / Blue Racer Finance Corp.		7.25	%(a)	07/15/2032		226,227
	115,000	Brand Industrial Services, Inc.		10.38	%(a)	08/01/2030		117,191
	315,000	Buckeye Partners LP		6.88	%(a)	07/01/2029		319,133
	265,000	Builders FirstSource, Inc.		6.38	%(a)	03/01/2034		261,869
	335,000	Caesars Entertainment, Inc.		6.00	%(a)	10/15/2032		323,311
	210,000	Calpine Corp.		4.50	%(a)	02/15/2028		201,583
	340,000	Carnival Corp.		5.75	%(a)	03/01/2027		339,500
	81,639	Carvana Co.  12.00% PIK		9.00	%(a)	12/01/2028		87,248
	135,000	Carvana Co.  13.00% PIK		13.00	%(a)	06/01/2030		148,361
	40,000	Castle US Holding Corp.		9.50	%(a)	02/15/2028		18,685
	230,000	CCO Holdings LLC / CCO Holdings Capital Corp.		5.13	%(a)	05/01/2027		226,197
	355,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%(a)	03/01/2030		324,584
	200,000	CCO Holdings LLC / CCO Holdings Capital Corp.		4.75	%(a)	02/01/2032		175,760
	235,000	Cedar Fair LP / Canada’s Wonderland Co. / Magnum Management Corp. / Millennium Op		5.25	%	07/15/2029		226,062
	145,000	Central Parent LLC / CDK Global II LLC / CDK Financing Co., Inc.		8.00	%(a)	06/15/2029		147,812
	160,000	Chord Energy Corp.		6.38	%(a)	06/01/2026		160,074
	185,000	CHS/Community Health Systems, Inc.		6.00	%(a)	01/15/2029		165,851
	85,000	CHS/Community Health Systems, Inc.		6.88	%(a)	04/15/2029		64,301
	145,000	CHS/Community Health Systems, Inc.		4.75	%(a)	02/15/2031		112,658
	100,000	Civitas Resources, Inc.		8.38	%(a)	07/01/2028		103,982
	140,000	Clarios Global LP / Clarios US Finance Co.		6.75	%(a)	05/15/2028		142,660
	90,000	Clarivate Science Holdings Corp.		4.88	%(a)	07/01/2029		83,997
	60,000	Clear Channel Outdoor Holdings, Inc.		9.00	%(a)	09/15/2028		63,092
	95,000	Clear Channel Outdoor Holdings, Inc.		7.50	%(a)	06/01/2029		83,236
	305,000	Clearway Energy Operating LLC		4.75	%(a)	03/15/2028		291,932
	155,000	Cleveland-Cliffs, Inc.		6.88	%(a)	11/01/2029		153,515
	135,000	Cloud Software Group, Inc.		6.50	%(a)	03/31/2029		132,676
	90,000	Cloud Software Group, Inc.		9.00	%(a)	09/30/2029		91,489
	230,000	Clydesdale Acquisition Holdings, Inc.		6.88	%(a)	01/15/2030		231,844
	205,000	CNX Midstream Partners LP		4.75	%(a)	04/15/2030		187,780
	185,000	CNX Resources Corp.		6.00	%(a)	01/15/2029		181,579
	65,000	CommScope LLC		4.75	%(a)	09/01/2029		57,975
	65,000	CommScope Technologies LLC		5.00	%(a)	03/15/2027		58,184

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	195,000	Consolidated Communications, Inc.		5.00	%(a)	10/01/2028		181,689
	60,000	Cornerstone Building Brands, Inc.		6.13	%(a)	01/15/2029		47,936
	200,000	Cornerstone Building Brands, Inc.		9.50	%(a)	08/15/2029		194,902
	110,000	Cougar JV Subsidiary LLC		8.00	%(a)	05/15/2032		114,290
	470,000	CQP Holdco LP / BIP-V Chinook Holdco LLC		5.50	%(a)	06/15/2031		449,277
	430,000	CSC Holdings LLC		6.50	%(a)	02/01/2029		362,621
	245,000	CSC Holdings LLC		5.75	%(a)	01/15/2030		139,654
	115,000	CVR Partners LP / CVR Nitrogen Finance Corp.		6.13	%(a)	06/15/2028		112,035
	100,000	Dana, Inc.		5.38	%	11/15/2027		99,050
	65,000	Dana, Inc.		4.25	%	09/01/2030		60,537
	125,000	Dcli Bidco LLC		7.75	%(a)	11/15/2029		128,278
	250,000	Dealer Tire LLC / DT Issuer LLC		8.00	%(a)	02/01/2028		245,848
	75,000	Diebold Nixdorf, Inc.		7.75	%(a)	03/31/2030		77,179
	190,000	Directv Financing LLC / Directv Financing Co.-Obligor, Inc.		5.88	%(a)	08/15/2027		185,319
	260,000	DISH DBS Corp.		5.75	%(a)	12/01/2028		222,786
	110,000	DISH DBS Corp.		5.13	%	06/01/2029		70,910
	185,000	Dornoch Debt Merger Sub, Inc.		6.63	%(a)	10/15/2029		150,051
	245,000	Dun & Bradstreet Corp.		5.00	%(a)	12/15/2029		233,553
	210,000	EchoStar Corp.		10.75	%	11/30/2029		226,036
	240,000	Ellucian Holdings, Inc.		6.50	%(a)	12/01/2029		240,702
	115,000	Embarq LLC		8.00	%	06/01/2036		63,050
	320,000	EMRLD Borrower LP / Emerald Co.-Issuer, Inc.		6.63	%(a)	12/15/2030		320,827
	85,000	Energizer Holdings, Inc.		6.50	%(a)	12/31/2027		85,379
	320,000	Everi Holdings, Inc.		5.00	%(a)	07/15/2029		320,219
	145,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.		6.75	%(a)	01/15/2030		133,891
	105,000	Fortrea Holdings, Inc.		7.50	%(a)	07/01/2030		105,305
	335,000	Fortress Transportation and Infrastructure Investors LLC		5.88	%(a)	04/15/2033		323,648
	208,218	Frontier Communications Holdings LLC		5.88	%	11/01/2029		207,243
	115,000	Full House Resorts, Inc.		8.25	%(a)	02/15/2028		114,684
	150,000	Gates Corp./DE		6.88	%(a)	07/01/2029		152,770
	445,000	Genesee & Wyoming, Inc.		6.25	%(a)	04/15/2032		448,239
	200,000	Genting New York LLC / GENNY Capital, Inc.		7.25	%(a)	10/01/2029		206,239
	140,000	Goat Holdco LLC		6.75	%(a)	02/01/2032		138,787
	95,000	Goodyear Tire & Rubber Co.		5.25	%	07/15/2031		85,188
	80,000	GrafTech Finance, Inc.		4.63	%(a)	12/23/2029		65,498
	110,000	Gray Television, Inc.		10.50	%(a)	07/15/2029		110,113
	210,000	Griffon Corp.		5.75	%	03/01/2028		206,066
	150,000	Group 1 Automotive, Inc.		6.38	%(a)	01/15/2030		150,675
	112,043	Gulfport Energy Corp.		8.00	%(a)	05/17/2026		113,586
	240,000	Gulfport Energy Operating Corp.		6.75	%(a)	09/01/2029		241,973
	305,000	Harvest Midstream I LP		7.50	%(a)	05/15/2032		310,883
	315,000	Helios Software Holdings, Inc. / ION Corporate Solutions Finance Sarl		4.63	%(a)	05/01/2028		290,920
	140,000	Hess Midstream Operations LP		5.50	%(a)	10/15/2030		136,023
	130,000	H-Food Holdings LLC / Hearthside Finance Co., Inc.		8.50	%(a)(g)	06/01/2026		4,225
	110,000	Hightower Holding LLC		6.75	%(a)	04/15/2029		109,640
	150,000	Hilcorp Energy I LP / Hilcorp Finance Co.		7.25	%(a)	02/15/2035		141,152
	195,000	HUB International Ltd.		7.25	%(a)	06/15/2030		200,035
	180,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp.		5.25	%	05/15/2027		170,583
	200,000	Illuminate Buyer LLC / Illuminate Holdings IV, Inc.		9.00	%(a)	07/01/2028		202,699
	335,000	Installed Building Products, Inc.		5.75	%(a)	02/01/2028		329,750
	195,000	Iron Mountain, Inc.		7.00	%(a)	02/15/2029		199,390
	50,000	Iron Mountain, Inc.		6.25	%(a)	01/15/2033		49,833
	225,000	JELD-WEN, Inc.		4.88	%(a)	12/15/2027		214,029
	195,000	JELD-WEN, Inc.		7.00	%(a)	09/01/2032		181,223
	150,000	JetBlue Airways Corp. / JetBlue Loyalty LP		9.88	%(a)	09/20/2031		159,531
	320,000	Kodiak Gas Services LLC		7.25	%(a)	02/15/2029		326,717
	85,000	LBM Acquisition LLC		6.25	%(a)	01/15/2029		78,272
	200,000	Leeward Renewable Energy Operations LLC		4.25	%(a)	07/01/2029		183,286
	200,000	Level 3 Financing, Inc.		10.50	%(a)	04/15/2029		223,880
	115,000	Level 3 Financing, Inc.		3.75	%(a)	07/15/2029		89,511

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	75,000	Level 3 Financing, Inc.		4.50	%(a)	04/01/2030		62,561
	150,000	LFS Topco LLC		5.88	%(a)	10/15/2026		149,006
	335,000	Life Time, Inc.		6.00	%(a)	11/15/2031		331,873
	215,000	LifePoint Health, Inc.		4.38	%(a)	02/15/2027		206,233
	280,000	LifePoint Health, Inc.		10.00	%(a)	06/01/2032		285,039
	220,000	Light & Wonder International, Inc.		7.25	%(a)	11/15/2029		224,776
	135,000	Lightning Power LLC		7.25	%(a)	08/15/2032		139,201
	25,000	Lions Gate Capital Holdings LLC		5.50	%(a)	04/15/2029		19,633
	95,000	Live Nation Entertainment, Inc.		6.50	%(a)	05/15/2027		96,130
	460,000	M/I Homes, Inc.		4.95	%	02/01/2028		446,796
	96,000	Macy’s Retail Holdings LLC		5.88	%(a)	04/01/2029		94,149
	245,000	Madison IAQ LLC		5.88	%(a)	06/30/2029		231,607
	180,000	Matador Resources Co.		6.50	%(a)	04/15/2032		178,268
	210,000	Match Group Holdings II LLC		5.00	%(a)	12/15/2027		203,281
	130,000	Mativ Holdings, Inc.		8.00	%(a)	10/01/2029		125,378
	165,000	Mavis Tire Express Services Topco Corp.		6.50	%(a)	05/15/2029		158,412
	70,000	McAfee Corp.		7.38	%(a)	02/15/2030		68,074
	120,000	McGraw-Hill Education, Inc.		5.75	%(a)	08/01/2028		117,298
	45,000	McGraw-Hill Education, Inc.		7.38	%(a)	09/01/2031		46,111
	345,000	Medline Borrower LP		5.25	%(a)	10/01/2029		333,275
	135,000	Medline Borrower LP/Medline Co.-Issuer, Inc.		6.25	%(a)	04/01/2029		136,592
	100,000	Michaels Cos., Inc.		5.25	%(a)	05/01/2028		75,616
	85,000	Michaels Cos., Inc.		7.88	%(a)	05/01/2029		51,987
	160,000	Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.		4.88	%(a)	05/01/2029		150,952
	220,000	Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC		6.75	%(a)	04/01/2032		221,168
	35,000	ModivCare, Inc.		5.00	%(a)	10/01/2029		20,626
	145,000	Nabors Industries, Inc.		9.13	%(a)	01/31/2030		147,593
	55,000	Nabors Industries, Inc.		8.88	%(a)	08/15/2031		51,127
	230,000	Nationstar Mortgage Holdings, Inc.		6.00	%(a)	01/15/2027		228,968
	275,000	Nationstar Mortgage Holdings, Inc.		5.75	%(a)	11/15/2031		263,140
	150,000	Navient Corp.		5.00	%	03/15/2027		147,133
	255,000	NCL Corp. Ltd.		5.88	%(a)	03/15/2026		254,841
	155,000	NCL Corp. Ltd.		8.38	%(a)	02/01/2028		162,184
	500,000	NCL Corp. Ltd.		6.25	%(a)	03/01/2030		494,462
	165,000	NGL Energy Operating LLC / NGL Energy Finance Corp.		8.13	%(a)	02/15/2029		167,328
	150,000	NRG Energy, Inc.		6.00	%(a)	02/01/2033		145,803
	200,000	Olympus Water US Holding Corp.		9.75	%(a)	11/15/2028		212,453
	60,000	OneMain Finance Corp.		7.13	%	03/15/2026		61,123
	220,000	OneMain Finance Corp.		6.63	%	01/15/2028		222,895
	265,000	OneMain Finance Corp.		7.50	%	05/15/2031		272,271
	190,000	Outfront Media Capital LLC / Outfront Media Capital Corp.		7.38	%(a)	02/15/2031		198,762
	125,000	Owens & Minor, Inc.		6.63	%(a)	04/01/2030		117,330
	170,000	Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer, Inc.		4.38	%(a)	10/15/2028		170,023
	170,000	Panther Escrow Issuer LLC		7.13	%(a)	06/01/2031		171,884
	310,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer		7.00	%(a)	02/01/2030		314,854
	55,000	PBF Holding Co. LLC / PBF Finance Corp.		6.00	%	02/15/2028		52,792
	75,000	Penn Entertainment, Inc.		4.13	%(a)	07/01/2029		67,329
	110,000	PennyMac Financial Services, Inc.		4.25	%(a)	02/15/2029		102,025
	120,000	PennyMac Financial Services, Inc.		7.88	%(a)	12/15/2029		125,838
	215,000	Performance Food Group, Inc.		6.13	%(a)	09/15/2032		215,259
	190,000	Permian Resources Operating LLC		7.00	%(a)	01/15/2032		193,057
	115,000	Permian Resources Operating LLC		6.25	%(a)	02/01/2033		113,610
	250,000	PetSmart, Inc. / PetSmart Finance Corp.		7.75	%(a)	02/15/2029		241,969
	175,000	Pike Corp.		5.50	%(a)	09/01/2028		168,436
	100,000	Pike Corp.		8.63	%(a)	01/31/2031		105,621
	185,000	Post Holdings, Inc.		6.38	%(a)	03/01/2033		181,552
	60,000	Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.		5.63	%(a)	09/01/2029		47,158
	95,000	Prime Security Services Borrower LLC / Prime Finance, Inc.		6.25	%(a)	01/15/2028		94,589
	35,000	Radiate Holdco LLC / Radiate Finance, Inc.		4.50	%(a)	09/15/2026		30,593

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	218,603	Radiology Partners, Inc.  4.28% Cash and 3.50% PIK		7.78	%(a)	01/31/2029		216,143
	38,416	Radiology Partners, Inc.  9.78% PIK		9.78	%(a)	02/15/2030		35,896
	255,000	Royal Caribbean Cruises Ltd.		5.50	%(a)	08/31/2026		254,935
	95,000	Royal Caribbean Cruises Ltd.		5.63	%(a)	09/30/2031		93,509
	130,000	Royal Caribbean Cruises Ltd.		6.25	%(a)	03/15/2032		131,658
	70,000	Sabre GLBL, Inc.		8.63	%(a)	06/01/2027		69,108
	30,000	Sabre GLBL, Inc.		10.75	%(a)	11/15/2029		31,062
	105,000	Scientific Games Holdings LP/Scientific Games US FinCo, Inc.		6.63	%(a)	03/01/2030		100,568
	210,000	Sealed Air Corp./Sealed Air Corp. US		7.25	%(a)	02/15/2031		216,731
	200,000	Select Medical Corp.		6.25	%(a)	12/01/2032		192,771
	50,000	Service Properties Trust		5.50	%	12/15/2027		46,990
	105,000	Service Properties Trust		8.88	%	06/15/2032		97,284
	355,000	Sirius XM Radio LLC		5.50	%(a)	07/01/2029		340,780
	90,000	Sitio Royalties Operating Partnership LP / Sitio Finance Corp.		7.88	%(a)	11/01/2028		92,996
	265,000	Six Flags Entertainment Corp. / Six Flags Theme Parks, Inc.		6.63	%(a)	05/01/2032		268,796
	230,000	SM Energy Co.		7.00	%(a)	08/01/2032		226,986
	140,000	Sonic Automotive, Inc.		4.63	%(a)	11/15/2029		129,382
	180,000	Sotera Health Holdings LLC		7.38	%(a)	06/01/2031		182,583
	85,000	Spirit AeroSystems, Inc.		9.75	%(a)	11/15/2030		94,168
	115,000	Standard Building Solutions, Inc.		6.50	%(a)	08/15/2032		115,283
	155,000	Staples, Inc.		10.75	%(a)	09/01/2029		152,681
	35,000	Staples, Inc.		12.75	%(a)	01/15/2030		27,410
	140,000	Starwood Property Trust, Inc.		7.25	%(a)	04/01/2029		143,788
	155,000	Starwood Property Trust, Inc.		6.00	%(a)	04/15/2030		152,248
	330,000	Station Casinos LLC		6.63	%(a)	03/15/2032		328,253
	135,000	Suburban Propane Partners LP/Suburban Energy Finance Corp.		5.00	%(a)	06/01/2031		120,937
	205,000	SunCoke Energy, Inc.		4.88	%(a)	06/30/2029		187,131
	115,000	Sunoco LP / Sunoco Finance Corp.		6.00	%	04/15/2027		114,856
	40,000	SWF Holdings I Corp.		6.50	%(a)	10/01/2029		25,230
	190,000	Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.		7.38	%(a)	02/15/2029		190,785
	80,000	Tenet Healthcare Corp.		6.25	%	02/01/2027		80,000
	85,000	Tenet Healthcare Corp.		6.13	%	10/01/2028		84,918
	220,000	Tenet Healthcare Corp.		6.13	%	06/15/2030		218,541
	275,000	Townsquare Media, Inc.		6.88	%(a)	02/01/2026		274,395
	205,000	TransDigm, Inc.		5.50	%	11/15/2027		201,608
	215,000	TransDigm, Inc.		6.88	%(a)	12/15/2030		218,351
	93,000	Transocean Poseidon Ltd.		6.88	%(a)	02/01/2027		93,353
	70,000	Transocean, Inc.		8.00	%(a)	02/01/2027		70,207
	350,000	Trident TPI Holdings, Inc.		12.75	%(a)	12/31/2028		386,519
	515,000	Triton Water Holdings, Inc.		6.25	%(a)	04/01/2029		511,783
	225,000	UKG, Inc.		6.88	%(a)	02/01/2031		228,512
	225,000	United Airlines, Inc.		4.63	%(a)	04/15/2029		214,109
	405,000	United Natural Foods, Inc.		6.75	%(a)	10/15/2028		399,565
	95,000	Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC		10.50	%(a)	02/15/2028		101,395
	160,000	Univision Communications, Inc.		4.50	%(a)	05/01/2029		143,398
	90,000	Upbound Group, Inc.		6.38	%(a)	02/15/2029		87,599
	335,000	US Foods, Inc.		5.75	%(a)	04/15/2033		326,389
	435,000	Vail Resorts, Inc.		6.50	%(a)	05/15/2032		440,239
	155,000	Venture Global LNG, Inc.		8.13	%(a)	06/01/2028		161,363
	100,000	Venture Global LNG, Inc.		8.38	%(a)	06/01/2031		104,396
	90,000	Venture Global LNG, Inc.		9.88	%(a)	02/01/2032		98,811
	100,000	Veritiv Operating Co.		10.50	%(a)	11/30/2030		107,823
	200,000	Victra Holdings LLC / Victra Finance Corp.		8.75	%(a)	09/15/2029		210,078
	230,000	Viking Cruises Ltd.		5.88	%(a)	09/15/2027		229,025
	195,000	Viking Cruises Ltd.		9.13	%(a)	07/15/2031		209,889
	115,000	Vistra Operations Co. LLC		7.75	%(a)	10/15/2031		120,749
	135,000	Vistra Operations Co. LLC		6.88	%(a)	04/15/2032		138,357
	90,000	Vital Energy, Inc.		7.88	%(a)	04/15/2032		86,685
	21,945	Vortex Opco LLC		8.00	%(a)	04/30/2030		8,120

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	5,040	Vortex Opco LLC  (3 mo. Term SOFR + 6.25%, 0.50% Floor)		10.56	%(a)	04/30/2030		4,964
	200,000	VT Topco, Inc.		8.50	%(a)	08/15/2030		212,078
	120,000	Wand NewCo 3, Inc.		7.63	%(a)	01/30/2032		123,377
	170,000	WASH Multifamily Acquisition, Inc.		5.75	%(a)	04/15/2026		169,482
	235,000	Watco Cos. LLC / Watco Finance Corp.		7.13	%(a)	08/01/2032		242,461
	120,000	Wayfair LLC		7.25	%(a)	10/31/2029		120,240
	240,000	Weatherford International Ltd.		8.63	%(a)	04/30/2030		248,002
	150,000	Windstream Services LLC / Windstream Escrow Finance Corp.		8.25	%(a)	10/01/2031		155,099
	260,000	WR Grace Holdings LLC		5.63	%(a)	08/15/2029		239,417
	630,000	XHR LP		6.63	%(a)	05/15/2030		632,855
	215,000	XPO, Inc.		7.13	%(a)	06/01/2031		221,326
		Total US Corporate Bonds (Cost $44,644,717)						43,956,340
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 10.2%
		Federal Home Loan Mortgage Corp.
	4,623,021	Pool RJ1071		6.00	%	03/01/2054		4,701,892
	4,764,241	Pool SD5141		6.00	%	04/01/2054		4,822,284
	3,073,055	Pool SD5964		5.50	%	11/01/2053		3,066,091
	2,767,863	Pool SD7100		5.50	%	12/01/2054		2,733,896
	516,783	Series 3926-HS (-1 x 30 day avg SOFR US + 6.34%, 0.00% Floor, 6.45% Cap)		1.74	%(k)(l)	09/15/2041		57,394
	2,143,147	Series 4631-FA (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		5.21	%	11/15/2046		2,110,654
	12,372,926	Series 4851-PF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)		5.11	%	08/15/2057		12,070,525
	1,311,393	Series 4981-GF (30 day avg SOFR US + 0.51%, 0.40% Floor, 6.50% Cap)		5.08	%	06/25/2050		1,284,469
	9,833,961	Series 5142-QI		3.00	%(k)	09/25/2051		1,668,676
	3,231,185	Series 5481-FC (30 day avg SOFR US + 1.50%, 1.50% Floor, 6.50% Cap)		6.07	%	12/25/2054		3,267,861
		Federal National Mortgage Association
	3,532,386	Pool CB7268		6.00	%	10/01/2053		3,584,297
	2,958,994	Pool CB7996		6.00	%	02/01/2054		3,008,595
	4,035,724	Pool CB8845		5.50	%	07/01/2054		4,035,922
	4,598,599	Pool FS6422		6.00	%	11/01/2053		4,710,097
	1,997,208	Pool FS7738		6.00	%	03/01/2054		2,045,634
	2,968,013	Pool FS8152		6.00	%	06/01/2054		3,003,133
	5,681,765	Series 2013-12-FT (30 day avg SOFR US + 0.46%, 0.35% Floor, 6.50% Cap)		5.03	%	02/25/2043		5,562,969
	7,381,712	Series 2017-11-SK (-1 x 30 day avg SOFR US + 5.94%, 0.00% Floor, 6.05% Cap)		1.37	%(k)(l)	03/25/2047		733,155
	3,977,154	Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		5.18	%	10/25/2049		3,893,490
	19,856,859	Series 2019-M7-X		0.33	%(j)(k)	04/25/2029		233,660
	6,964,767	Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.47	%(k)(l)	08/25/2050		772,194
	8,344,861	Series 2021-32-AI		3.00	%(k)	05/25/2046		926,956
	21,849,723	Series 2021-M8-X		0.24	%(j)(k)	11/25/2035		399,026
	4,812,389	Series 2022-43-FA (30 day avg SOFR US + 0.55%, 0.55% Floor, 6.00% Cap)		5.12	%	07/25/2052		4,687,564
	3,400,000	Series 2024-100-FD (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		6.05	%	06/25/2054		3,400,664
	2,605,924	Series 2024-76-FD (30 day avg SOFR US + 1.25%, 1.25% Floor, 6.50% Cap)		5.82	%	11/25/2054		2,607,264
	4,361,469	Series 2024-89-FD (30 day avg SOFR US + 1.40%, 1.40% Floor, 6.50% Cap)		5.97	%	09/25/2053		4,364,730
	4,323,675	Series 2024-93-FL (30 day avg SOFR US + 1.45%, 1.45% Floor, 6.50% Cap)		6.02	%	12/25/2054		4,365,206
	6,830,060	Series 427-C7		2.50	%(k)	08/25/2035		564,699

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
		FREMF Mortgage Trust
	639,609	Series 2016-KF18-B (30 day avg SOFR US + 5.61%, 5.50% Floor)		10.28	%(a)	05/25/2026		635,616
	700,066	Series 2017-KF30-B (30 day avg SOFR US + 3.36%, 3.25% Floor)		8.03	%(a)	03/25/2027		691,561
	392,798	Series 2018-KF44-B (30 day avg SOFR US + 2.26%, 2.15% Floor)		6.93	%(a)	02/25/2025		391,838
	2,240,176	Series 2019-KF71-C (30 day avg SOFR US + 6.11%, 6.00% Floor)		10.78	%(a)	10/25/2029		2,162,207
		Government National Mortgage Association
	7,216,805	Series 2019-128-KS (-1 x 1 mo. Term SOFR + 2.74%, 0.00% Floor, 2.85% Cap)		0.00	%(k)(l)	10/20/2049		40,348
	6,166,027	Series 2020-104-SB (-1 x 1 mo. Term SOFR + 6.04%, 0.00% Floor, 6.15% Cap)		1.67	%(k)(l)	07/20/2050		776,802
	13,512,163	Series 2020-115-YS (-1 x 1 mo. Term SOFR + 4.09%, 0.00% Floor, 4.20% Cap)		0.00	%(k)(l)	08/20/2050		348,558
	26,804,232	Series 2020-129-SA (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%(k)(l)	09/20/2050		262,038
	33,629,626	Series 2020-146-IJ		2.50	%(k)	10/20/2050		4,735,045
	3,342,629	Series 2020-154-MI		3.00	%(k)	10/20/2050		556,166
	13,398,059	Series 2020-189-SU (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(k)(l)	12/20/2050		1,769,432
	7,499,608	Series 2021-1-SH (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(k)(l)	01/20/2051		940,376
	11,177,984	Series 2021-193-DS (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%(k)(l)	11/20/2051		34,220
	26,819,272	Series 2021-35-IO		1.03	%(j)(k)	12/16/2062		2,006,280
	3,070,595	Series 2022-137-IO		3.00	%(k)	01/20/2052		408,454
	46,733,321	Series 2022-192-IO		0.67	%(j)(k)	09/16/2064		2,721,344
	24,373,932	Series 2023-15-IO		0.92	%(j)(k)	08/16/2064		1,727,632
	46,921,416	Series 2024-15-BI		0.74	%(j)(k)	10/16/2065		2,882,364
	42,462,685	Series 2024-35-IB		0.80	%(j)(k)	07/16/2065		2,779,183
		Total US Government and Agency Mortgage Backed Obligations (Cost $119,804,084)						114,552,461
	US GOVERNMENT AND AGENCY OBLIGATIONS - 8.9%
	46,200,000	United States Treasury Note/Bond		0.50	%	03/31/2025		45,789,495
	32,900,000	United States Treasury Note/Bond		0.25	%	08/31/2025		32,044,223
	23,080,000	United States Treasury Note/Bond		0.75	%	04/30/2026		22,048,427
		Total US Government and Agency Obligations (Cost $99,432,543)						99,882,145
	COMMON STOCKS - 0.0%(m)
	9,228	Flame Aggregator - Series R(d)(n)						38,942
	917	Flame Aggregator - Series U(d)(n)						3,870
		Total Common Stocks (Cost $20,803)						42,812
	WARRANTS - 0.0%(m)
	3,500	Avation PLC, Expires 10/31/2026 at GBP 1.15(n)						2,410
		Total Warrants (Cost $–)						2,410
	SHORT TERM INVESTMENTS - 9.2%
	34,438,785	First American Government Obligations Fund - U		4.41	%(o)			34,438,785
	34,438,785	JPMorgan US Government Money Market Fund - IM		4.44	%(o)			34,438,785
	34,438,786	MSILF Government Portfolio - Institutional		4.42	%(o)			34,438,786
		Total Short Term Investments (Cost $103,316,356)						103,316,356
		Total Investments - 99.9% (Cost $1,190,692,072)						1,120,566,507
		Other Assets in Excess of Liabilities - 0.1%						1,255,017
		NET ASSETS - 100.0%					$	1,121,821,524

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Collateralized Loan Obligations	17.0	%
Non-Agency Residential Collateralized Mortgage Obligations	16.1	%
Non-Agency Commercial Mortgage Backed Obligations	11.5	%
Bank Loans	11.5	%
US Government and Agency Mortgage Backed Obligations	10.2	%
Short Term Investments	9.2	%
US Government and Agency Obligations	8.9	%
Asset Backed Obligations	5.8	%
Foreign Corporate Bonds	4.7	%
US Corporate Bonds	3.9	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	1.1	%
Common Stocks	0.0	%(m)
Warrants	0.0	%(m)
Other Assets and Liabilities	0.1	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Collateralized Loan Obligations	17.0	%
Non-Agency Residential Collateralized Mortgage Obligations	16.1	%
Non-Agency Commercial Mortgage Backed Obligations	11.5	%
US Government and Agency Mortgage Backed Obligations	10.2	%
Short Term Investments	9.2	%
US Government and Agency Obligations	8.9	%
Asset Backed Obligations	5.8	%
Electronics/Electric	2.0	%
Healthcare	1.8	%
Energy	1.5	%
Transportation	1.1	%
Banking	1.0	%
Hotels/Motels/Inns and Casinos	1.0	%
Utilities	1.0	%
Industrial Equipment	1.0	%
Finance	0.9	%
Commercial Services	0.8	%
Retailers (other than Food/Drug)	0.8	%
Media	0.6	%
Chemicals/Plastics	0.6	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.6	%
Insurance	0.6	%
Mining	0.6	%
Telecommunications	0.6	%
Business Equipment and Services	0.5	%
Consumer Products	0.5	%
Construction	0.5	%
Technology	0.4	%
Aerospace & Defense	0.4	%
Containers and Glass Products	0.3	%
Leisure	0.3	%
Building and Development (including Steel/Metals)	0.3	%
Food Products	0.3	%
Automotive	0.2	%
Beverage and Tobacco	0.2	%
Chemical Products	0.2	%
Diversified Manufacturing	0.2	%
Real Estate	0.1	%
Pharmaceuticals	0.1	%
Conglomerates	0.1	%
Pulp & Paper	0.1	%
IT Services	0.0	%(m)
Consumer Staples	0.0	%(m)

Financials	0.0	%(m)
Food Service	0.0	%(m)
Financial Intermediaries	0.0	%(m)
Other Assets and Liabilities	0.1	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $557,945,524 or 49.7% of the Fund’s net assets.
(b)	Principal only security
(c)	Security pays interest at rates that represent residual cashflows available after more senior tranches have been paid. The interest rate disclosed reflects the estimated rate in effect as of period end.
(d)	Value determined using significant unobservable inputs.
(e)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(f)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(g)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(h)	Coupon rate is variable or floats based on components including but not limited to reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate disclosed is as of period end.
(i)	Perpetual maturity. The date disclosed is the next call date of the security.
(j)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(k)	Interest only security
(l)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(m)	Represents less than 0.05% of net assets.
(n)	Non-income producing security.
(o)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
GBP	British Pound
LIBOR	London Interbank Offered Rate
PIK	A payment-in-kind security in which the issuer may make interest or dividend payments in cash or additional securities. These additional securities generally have the same terms as the original holdings.
SOFR	Secured Overnight Financing Rate

DoubleLine Low Duration Emerging Markets Fixed Income Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
FOREIGN CORPORATE BONDS - 78.4%
	BRAZIL - 9.8%
	376,000	BRF GmbH		4.35	%	09/29/2026		368,389
	3,100,000	Cosan Luxembourg SA		7.00	%	01/20/2027		3,094,064
	2,675,478	Guara Norte Sarl		5.20	%	06/15/2034		2,444,239
	105,102	Invepar Holdings		0.00	%(a)(b)	12/30/2028		—
	1,600,000	Minerva Luxembourg SA		5.88	%	01/19/2028		1,576,557
	2,380,397	MV24 Capital BV		6.75	%	06/01/2034		2,259,278
	800,000	NBM US Holdings, Inc.		7.00	%	05/14/2026		800,768
	2,259,197	Prumo Participacoes e Investimentos S/A		7.50	%	12/31/2031		2,245,914
	700,000	Suzano International Finance BV		4.00	%	01/14/2025		698,738
								13,487,947
	CHILE - 6.8%
	900,000	Cencosud SA		4.38	%	07/17/2027		880,028
	4,792,264	Chile Electricity PEC SpA		0.00	%(c)	01/25/2028		4,039,879
	312,800	Empresa Electrica Angamos SA		4.88	%	05/25/2029		284,348
	1,115,050	Empresa Electrica Cochrane SpA		5.50	%	05/14/2027		1,080,221
	1,412,160	GNL Quintero SA		4.63	%	07/31/2029		1,394,011
	1,588,000	Sociedad Quimica y Minera de Chile SA		4.38	%	01/28/2025		1,588,455
								9,266,942
	COLOMBIA - 4.7%
	3,290,198	AL Candelaria Spain SA		7.50	%	12/15/2028		3,251,443
	2,100,000	Banco de Bogota SA		6.25	%	05/12/2026		2,101,098
	1,100,000	Grupo de Inversiones Suramericana SA		5.50	%	04/29/2026		1,087,142
								6,439,683
	GUATEMALA - 3.7%
	2,300,000	Banco Industrial SA/Guatemala  (5 yr. CMT Rate + 4.44%)		4.88	%	01/29/2031		2,257,450
	400,000	Energuate Trust		5.88	%	05/03/2027		391,732
	1,503,000	Millicom International Cellular SA		5.13	%	01/15/2028		1,449,423
	965,700	Millicom International Cellular SA		6.25	%	03/25/2029		950,867
								5,049,472
	INDIA - 7.2%
	913,000	Adani International Container Terminal Pvt Ltd.		3.00	%	02/16/2031		752,312
	2,200,000	Adani Ports & Special Economic Zone Ltd.		4.00	%	07/30/2027		1,989,586
	2,400,000	Adani Transmission Step-One Ltd.		4.00	%	08/03/2026		2,207,312
	200,000	Bharti Airtel Ltd.		4.38	%	06/10/2025		199,238
	590,000	JSW Hydro Energy Ltd.		4.13	%	05/18/2031		532,784
	1,100,000	Network i2i Ltd.  (5 yr. CMT Rate + 4.27%)		5.65	%(d)	01/15/2025		1,102,587
	3,150,000	Reliance Industries Ltd.		4.13	%	01/28/2025		3,147,273
								9,931,092
	INDONESIA - 4.8%
	1,700,000	Freeport Indonesia PT		4.76	%	04/14/2027		1,685,397
	400,000	Freeport Indonesia PT		4.76	%(c)	04/14/2027		396,564
	2,500,000	Freeport-McMoRan, Inc.		4.13	%	03/01/2028		2,434,099
	2,000,000	Medco Oak Tree Pte Ltd.		7.38	%	05/14/2026		2,037,814
								6,553,874
	JAMAICA - 0.0%(e)
	192,469	Digicel Group Holdings Ltd.		0.00	%(b)(c)	12/31/2030		34,192
	464	Digicel Group Holdings Ltd.		0.00	%(b)(c)	12/31/2030		462
	56,495	Digicel Group Holdings Ltd.		0.00	%(b)(c)	12/31/2030		1,304
								35,958
	KUWAIT - 2.8%
	400,000	MEGlobal BV		4.25	%	11/03/2026		391,428
	3,400,000	MEGlobal Canada ULC		5.00	%	05/18/2025		3,394,594
								3,786,022

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	MALAYSIA - 0.6%
	800,000	Axiata SPV2 Bhd		4.36	%	03/24/2026		794,495
	MEXICO - 12.5%
	1,200,000	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand  (5 yr. CMT Rate + 3.00%)		7.53	%	10/01/2028		1,252,817
	2,450,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 2.65%)		5.13	%	01/18/2033		2,280,868
	1,185,000	BBVA Bancomer SA/Texas  (5 yr. CMT Rate + 4.31%)		5.88	%	09/13/2034		1,125,363
	2,700,000	Cemex SAB de CV  (5 yr. CMT Rate + 4.53%)		5.13	%(d)	06/08/2026		2,646,955
	1,000,000	Cemex SAB de CV		5.45	%	11/19/2029		987,149
	2,500,000	Comision Federal de Electricidad		4.75	%	02/23/2027		2,451,489
	1,800,000	Industrias Penoles SAB de CV		4.15	%	09/12/2029		1,692,250
	2,300,000	KUO SAB De CV		5.75	%	07/07/2027		2,236,864
	2,616,347	Mexico Generadora de Energia S de RL		5.50	%	12/06/2032		2,536,810
								17,210,565
	PANAMA - 1.9%
	1,877,000	Global Bank Corp.  (3 mo. LIBOR US + 3.30%)		5.25	%(f)	04/16/2029		1,767,721
	800,000	Multibank, Inc.		7.75	%(c)	02/03/2028		811,628
								2,579,349
	PARAGUAY - 1.9%
	1,100,000	Banco Continental SAECA		2.75	%	12/10/2025		1,064,274
	1,600,000	Telefonica Celular del Paraguay SA		5.88	%	04/15/2027		1,587,352
								2,651,626
	PERU - 15.1%
	2,100,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 3.00%)		3.13	%	07/01/2030		2,060,532
	1,800,000	Banco de Credito del Peru SA  (5 yr. CMT Rate + 2.45%)		3.25	%(c)	09/30/2031		1,706,806
	1,400,000	Banco Internacional del Peru SAA Interbank  (5 yr. CMT Rate + 3.71%)		4.00	%	07/08/2030		1,382,702
	500,000	Camposol SA		6.00	%	02/03/2027		480,882
	2,000,000	Cia de Minas Buenaventura SAA		5.50	%	07/23/2026		1,999,849
	2,525,000	Fenix Power Peru SA		4.32	%	09/20/2027		2,457,165
	282,400	Hunt Oil Co. of Peru LLC Sucursal Del Peru		6.38	%(c)	06/01/2028		284,390
	1,500,000	InRetail Shopping Malls		5.75	%	04/03/2028		1,485,398
	700,000	Intercorp Financial Services, Inc.		4.13	%	10/19/2027		670,079
	45,206	Interoceanica IV Finance Ltd. Series 2007		0.00	%(b)	11/30/2025		43,511
	2,300,000	Kallpa Generacion SA		4.88	%	05/24/2026		2,281,497
	1,000,000	Nexa Resources SA		5.38	%	05/04/2027		990,757
	600,000	Nexa Resources SA		6.50	%	01/18/2028		609,037
	1,885,000	Orazul Energy Peru SA		5.63	%	04/28/2027		1,838,855
	808,000	Southern Copper Corp.		3.88	%	04/23/2025		804,534
	1,600,000	Transportadora de Gas del Peru SA		4.25	%	04/30/2028		1,569,139
								20,665,133
	SINGAPORE - 5.5%
	2,500,000	DBS Group Holdings Ltd.  (5 yr. CMT Rate + 1.10%)		1.82	%	03/10/2031		2,407,041
	2,800,000	Oversea-Chinese Banking Corp. Ltd.  (5 yr. CMT Rate + 1.58%)		1.83	%	09/10/2030		2,735,105
	2,500,000	United Overseas Bank Ltd.  (5 yr. CMT Rate + 1.52%)		1.75	%	03/16/2031		2,403,898
								7,546,044
	SOUTH AFRICA - 0.6%
	800,000	Gold Fields Orogen Holdings BVI Ltd.		6.13	%	05/15/2029		810,646
	VIETNAM - 0.5%
	762,451	Mong Duong Finance Holdings BV		5.13	%	05/07/2029		733,423
		Total Foreign Corporate Bonds (Cost $108,558,704)						107,542,271

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 20.3%
	BRAZIL - 2.1%
	1,100,000	Petrobras Global Finance BV		7.38	%	01/17/2027		1,132,055
	1,750,000	Petrobras Global Finance BV		6.00	%	01/27/2028		1,749,335
								2,881,390
	COLOMBIA - 2.1%
	600,000	Colombia Government International Bond		4.50	%	01/28/2026		593,850
	2,500,000	Oleoducto Central SA		4.00	%	07/14/2027		2,366,274
								2,960,124
	DOMINICAN REPUBLIC - 1.8%
	2,500,000	Dominican Republic International Bond		5.50	%	02/22/2029		2,426,875
	GUATEMALA - 2.3%
	2,900,000	Guatemala Government Bond		4.50	%	05/03/2026		2,847,800
	300,000	Guatemala Government Bond		5.25	%	08/10/2029		288,975
								3,136,775
	INDIA - 1.4%
	2,000,000	ONGC Videsh Vankorneft Pte Ltd.		3.75	%	07/27/2026		1,961,404
	INDONESIA - 3.5%
	1,500,000	Bank Negara Indonesia Persero Tbk PT		3.75	%	03/30/2026		1,465,038
	2,400,000	Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT		4.75	%	05/15/2025		2,395,844
	1,000,000	Pertamina Persero PT		1.40	%	02/09/2026		958,513
								4,819,395
	MALAYSIA - 1.1%
	1,500,000	TNB Global Ventures Capital Bhd		3.24	%	10/19/2026		1,458,886
	MEXICO - 2.7%
	3,000,000	Banco Nacional de Comercio Exterior SNC/Cayman Islands (5 yr. CMT Rate + 2.00%)		2.72	%	08/11/2031		2,765,933
	500,000	Comision Federal de Electricidad		4.69	%	05/15/2029		469,903
	500,000	Comision Federal de Electricidad		5.70	%(c)	01/24/2030		480,375
								3,716,211
	PARAGUAY - 2.0%
	2,019,059	Bioceanico Sovereign Certificate Ltd.		0.00	%	06/05/2034		1,560,732
	1,000,000	Paraguay Government International Bond		5.00	%	04/15/2026		994,500
	200,000	Paraguay Government International Bond		4.70	%	03/27/2027		196,700
								2,751,932
	PERU - 0.9%
	1,282,288	Lima Metro Line 2 Finance Ltd.		5.88	%	07/05/2034		1,280,037
	SOUTH AFRICA - 0.4%
	500,000	Republic of South Africa Government International Bond		4.88	%	04/14/2026		494,380
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $27,880,588)						27,887,409
	SHORT TERM INVESTMENTS - 0.4%
	178,306	First American Government Obligations Fund - U		4.41	%(g)			178,306
	178,305	JPMorgan US Government Money Market Fund - IM		4.44	%(g)			178,305
	178,306	MSILF Government Portfolio - Institutional		4.42	%(g)			178,306
		Total Short Term Investments (Cost $534,917)						534,917
		Total Investments - 99.1% (Cost $136,974,209)						135,964,597
		Other Assets in Excess of Liabilities - 0.9%						1,232,313
		NET ASSETS - 100.0%					$	137,196,910

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Corporate Bonds	78.4	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	20.3	%
Short Term Investments	0.4	%
Other Assets and Liabilities	0.9	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Banking	21.0	%
Utilities	16.2	%
Transportation	12.0	%
Energy	10.4	%
Mining	10.1	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	8.8	%
Telecommunications	4.4	%
Consumer Products	4.3	%
Chemical Products	2.8	%
Building and Development (including Steel/Metals)	2.6	%
Retailers (other than Food/Drug)	1.7	%
Conglomerates	1.6	%
Chemicals/Plastics	1.2	%
Finance	0.8	%
Pulp & Paper	0.5	%
Short Term Investments	0.4	%
Food Products	0.3	%
Other Assets and Liabilities	0.9	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
Peru	16.0	%
Mexico	15.2	%
Brazil	11.9	%
India	8.6	%
Indonesia	8.3	%
Colombia	6.8	%
Chile	6.8	%
Guatemala	6.0	%
Singapore	5.5	%
Paraguay	3.9	%
Kuwait	2.8	%
Panama	1.9	%
Dominican Republic	1.8	%
Malaysia	1.7	%
South Africa	1.0	%
Vietnam	0.5	%
United States	0.4	%
Jamaica	0.0	%(e)
Other Assets and Liabilities	0.9	%
Net Assets	100.0	%

(a)	Security is in default or has failed to make a scheduled payment. Income is not being accrued.
(b)	Value determined using significant unobservable inputs.
(c)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $7,755,600 or 5.7% of the Fund’s net assets.
(d)	Perpetual maturity. The date disclosed is the next call date of the security.
(e)	Represents less than 0.05% of net assets.
(f)	Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(g)	Seven-day yield as of period end.

CMT	Constant Maturity Treasury Rate
LIBOR	London Interbank Offered Rate

DoubleLine Long Duration Total Return Bond Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 79.0%
		Fannie Mae or Freddie Mac
	730,000	TBA		2.50	%(g)	01/15/2047		594,665
		Federal Home Loan Mortgage Corp.
	1,523,098	Pool SD7512		3.00	%	02/01/2050		1,319,299
	1,544,150	Pool SD7553		3.00	%	03/01/2052		1,331,140
	3,045,278	Series 4390-NZ		3.00	%(a)	09/15/2044		2,645,392
	1,061,513	Series 4460-KB		3.50	%	03/15/2045		940,124
	547,677	Series 4839-WO		0.00	%(b)	08/15/2056		348,610
	2,000,000	Series 4994-AV		2.00	%	12/25/2045		1,536,019
	1,312,500	Series 5145-HZ		3.00	%(a)	09/25/2051		759,707
	1,927,332	Series 5155-JZ		3.00	%(a)	10/25/2051		1,103,353
	1,755,448	Series 5155-KZ		3.00	%(a)	10/25/2051		1,049,740
	1,566,299	Series 5160-ZY		3.00	%(a)	10/25/2050		1,064,898
	1,872,410	Series 5171-Z		2.00	%(a)	12/25/2051		977,787
	1,293,127	Series 5319-PO		0.00	%(b)	08/25/2050		864,003
	340,209	Series 5326-UO		0.00	%(b)	10/25/2050		225,697
		Federal National Mortgage Association
	1,546,250	Pool 310233		3.50	%	03/01/2044		1,401,102
	967,000	Pool BS7220		5.23	%	11/01/2032		982,998
	1,603,403	Pool BU5836		2.00	%	11/01/2051		1,264,658
	1,518,361	Pool BV9867		3.00	%	05/01/2052		1,292,179
	287,000	Pool BZ1178		5.81	%	06/01/2031		293,646
	1,310,130	Pool FM8691		2.50	%	09/01/2051		1,081,783
	2,065,712	Pool FS0176		2.50	%	01/01/2052		1,698,732
	1,498,450	Pool FS3826		3.00	%	01/01/2052		1,274,750
	1,438,577	Pool FS5984		3.00	%	12/01/2050		1,246,096
	1,303,476	Pool FS7149		2.50	%	03/01/2052		1,076,189
	1,478,140	Pool FS8304		3.00	%	05/01/2052		1,276,428
	1,260,000	Series 2012-128-UC		2.50	%	11/25/2042		915,189
	655,758	Series 2013-66-ZK		3.00	%(a)	07/25/2043		467,563
	1,583,214	Series 2014-42-BZ		3.00	%(a)	07/25/2044		1,358,707
	370,097	Series 2014-68-TD		3.00	%	11/25/2044		328,368
	487,724	Series 2014-80-KL		2.00	%	05/25/2043		315,832
	695,439	Series 2016-64-SA (-1 x 30 day avg SOFR US + 5.89%, 0.00% Floor, 6.00% Cap)		1.32	%(c)(d)	09/25/2046		68,916
	209,470	Series 2018-21-PO		0.00	%(b)	04/25/2048		156,955
	2,844,317	Series 2019-68-ZL		2.50	%(a)	11/25/2049		2,095,023
	1,662,341	Series 2021-17-SB (-1 x 30 day avg SOFR US + 3.30%, 0.00% Floor, 3.30% Cap)		0.00	%(c)(d)	04/25/2051		18,039
	1,822,302	Series 2021-93-Z		3.00	%(a)	08/25/2051		1,163,085
	3,178,000	Series 2023-M1-2A2		3.95	%(e)	07/25/2040		2,771,820
		Freddie Mac Seasoned Credit Risk Transfer Trust
	1,005,000	Series 2021-2-MBU		2.50	%	11/25/2060		666,404
		Government National Mortgage Association
	211,818	Series 2013-180-LO		0.00	%(b)	11/16/2043		160,210
	3,549,883	Series 2015-79-VZ		2.50	%(a)	05/20/2045		3,048,090
	352,991	Series 2016-12-MZ		3.00	%(a)	01/20/2046		269,055
	1,204,625	Series 2017-122-CZ		3.00	%(a)	08/20/2047		909,898
	1,510,174	Series 2021-105-JS (-1 x 30 day avg SOFR US + 3.65%, 0.00% Floor, 3.65% Cap)		0.00	%(c)(d)	06/20/2051		32,373
	1,387,960	Series 2021-223-EZ		3.00	%(a)	12/20/2051		975,002
	708,939	Series 2021-42-SB (-1 x 1 mo. Term SOFR + 6.24%, 0.00% Floor, 6.35% Cap)		1.87	%(c)(d)	03/20/2051		96,855
	1,569,397	Series 2021-89-SA (-1 x 1 mo. Term SOFR + 3.64%, 0.00% Floor, 3.75% Cap)		0.00	%(c)(d)	05/20/2051		37,094
	376,761	Series 2022-160-DZ		4.50	%(a)	09/20/2052		285,939

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	8,737,250	Series 2022-85-SA (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%(c)(d)	05/20/2052		26,980
	1,811,376	Series 2022-9-MZ		3.50	%(a)	01/20/2052		1,301,849
	1,052,000	Series 2022-99-QG		3.50	%	01/20/2052		873,670
	849,549	Series 2023-140-PO		0.00	%(b)	06/20/2048		546,844
		Total US Government and Agency Mortgage Backed Obligations (Cost $50,830,161)						46,538,755
	SHORT TERM INVESTMENTS - 21.8%
	985,514	First American Government Obligations Fund - U		4.41	%(f)			985,514
	985,513	JPMorgan US Government Money Market Fund - IM		4.44	%(f)			985,513
	985,514	MSILF Government Portfolio - Institutional		4.42	%(f)			985,514
	10,000,000	United States Treasury Bill		0.00	%	03/20/2025		9,911,097
		Total Short Term Investments (Cost $12,863,325)						12,867,638
		Total Investments - 100.8% (Cost $63,693,486)						59,406,393
		Other Liabilities in Excess of Assets - (0.8)%						(472,025	)
		NET ASSETS - 100.0%					$	58,934,368

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Mortgage Backed Obligations	79.0	%
Short Term Investments	21.8	%
Other Assets and Liabilities	(0.8	)%
Net Assets	100.0	%

(a)	This security accrues interest which is added to the outstanding principal balance. The interest payment will be deferred until all other tranches in the structure are paid off. The rate disclosed is as of period end.
(b)	Principal only security
(c)	Interest only security
(d)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(e)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(f)	Seven-day yield as of period end.
(g)	Represents or includes a TBA Transaction.

SOFR	Secured Overnight Financing Rate
TBA	To be announced

Futures Contracts
Description	Long/ Short	Contract Quantity		Expiration  Date	Notional    Amount(1)			Unrealized Appreciation (Depreciation)/ Value
10 Year U.S. Ultra Treasury Notes	Short		(340)	3/20/2025	$	(38,369,765	)	$	523,515
U.S. Treasury 5 Year Notes	Short		(95)	3/31/2025		(10,157,568	)		58,623
U.S. Treasury 2 Year Notes	Long		84	3/31/2025		17,281,010			(9,822	)
U.S. Treasury Long Bonds	Long		221	3/20/2025		25,800,174			(640,705	)
U.S. Treasury Ultra Bonds	Long		198	3/20/2025		24,400,419			(856,982	)
								$	(925,371	)

(1) Notional Amount is determined based on the number of contracts multiplied by the contract size and the quoted daily settlement price in US dollars.

DoubleLine Strategic Commodity Fund	(Unaudited)
Schedule of Investments (Consolidated)	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	SHORT TERM INVESTMENTS - 100.0%
	1,087,883	First American Government Obligations Fund - U		4.41	%(a)(b)			1,087,883
	1,087,883	JPMorgan US Government Money Market Fund - IM		4.44	%(a)(b)			1,087,883
	1,087,883	MSILF Government Portfolio - Institutional		4.42	%(a)(b)			1,087,883
	79,500,000	United States Treasury Bill		0.00	%(a)	01/09/2025		79,435,010
	5,000,000	United States Treasury Bill		0.00	%(c)	01/28/2025		4,984,860
	19,500,000	United States Treasury Bill		0.00	%(a)(c)	05/08/2025		19,217,993
		Total Short Term Investments (Cost $106,873,452)						106,901,512
		Total Investments - 100.0% (Cost $106,873,452)						106,901,512
		Other Assets in Excess of Liabilities - 0.0%(d)						19,059
		NET ASSETS - 100.0%					$	106,920,571

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Short Term Investments	100.0	%
Other Assets and Liabilities	0.0	%(d)
Net Assets	100.0	%

(a)	All or a portion of this security is owned by DoubleLine Strategic Commodity Ltd., which is a wholly owned subsidiary of the DoubleLine Strategic Commodity Fund.
(b)	Seven-day yield as of period end.
(c)	All or a portion of security has been pledged as collateral.
(d)	Represents less than 0.05% of net assets.

SWAP AGREEMENTS

EXCESS RETURN SWAPS

Reference Entity	Counterparty	Long/ Short		Financing Rate			Payment Frequency	Termination Date	Notional Amount			Value			Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Long Commodity Basket Swap(1)(2)	Canadian Imperial Bank of Commerce		Long		0.20	%	Termination	01-02-2025	$	8,600,000		$	733,378		$	—	$	733,378
Long Commodity Basket Swap(1)(3)	Bank of America Merrill Lynch		Long		0.20	%	Termination	01-02-2025		7,700,000			656,628			—		656,628
Commodity Beta Basket Swap(1)(4)	Canadian Imperial Bank of Commerce		Long		0.21	%	Termination	01-02-2025		20,700,000			(1,616	)		—		(1,616	)
Commodity Beta Basket Swap(1)(4)	Bank of America Merrill Lynch		Long		0.23	%	Termination	01-02-2025		20,700,000			(1,945	)		—		(1,945	)
Commodity Beta Basket Swap(1)(4)	Barclays Capital, Inc.		Long		0.20	%	Termination	01-02-2025		34,500,000			(2,420	)		—		(2,420	)
Short Commodity Basket Swap(1)(5)	Bank of America Merrill Lynch		Short		0.00	%	Termination	01-02-2025		(7,700,000	)		(186,435	)		—		(186,435	)
Short Commodity Basket Swap(1)(6)	Canadian Imperial Bank of Commerce		Short		0.00	%	Termination	01-02-2025		(8,600,000	)		(208,224	)		—		(208,224	)
												$	989,366		$	—	$	989,366

(1) All or a portion of this security is owned by DoubleLine Strategic Commodity Ltd., which is a wholly-owned subsidiary of the DoubleLine Strategic Commodity Fund.

(2) Long Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At December 31, 2024, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value (7)		Value of Index		Weightings
S&P GSCI 2 Month Forward Cocoa Index ER		SG2MCCP		0.08	$	34		22.6	%
S&P GSCI 2 Month Forward Natural Gas Index ER		SG2MNGP		6.47		29		19.8	%
S&P GSCI 2 Month Forward Heating Oil Index ER		SG2MHOP		0.06		29		19.3	%
S&P GSCI 2 Month Forward GasOil Index ER		SG2MGOP		0.23		28		19.2	%
S&P GSCI 2 Month Forward Brent Crude Index ER		SG2MBRP		0.02		28		19.1	%
					$	148		100.0	%

(3) Long Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At December 31, 2024, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value (7)		Value of Index		Weightings
S&P GSCI 2 Month Forward Cocoa Index ER		SG2MCCP		0.10	$	44		22.6	%
S&P GSCI 2 Month Forward Natural Gas Index ER		SG2MNGP		8.44		38		19.8	%
S&P GSCI 2 Month Forward Heating Oil Index ER		SG2MHOP		0.07		38		19.3	%
S&P GSCI 2 Month Forward GasOil Index ER		SG2MGOP		0.30		37		19.2	%
S&P GSCI 2 Month Forward Brent Crude Index ER		SG2MBRP		0.03		37		19.1	%
					$	194		100.0	%

(4) Commodity Beta Basket Swap represents a swap on a basket of commodity indices designed to approximate the broad commodity market. At December 31, 2024, all constituents and their weightings were as follows:

Index	Ticker		Contract Value (7)		Value of Index		Weightings
Electrolytic Copper Future		LP1		0.22	$	136		21.7	%
Soybean Future		S1		0.35		114		18.2	%
Nickel Future		LN1		0.28		79		12.6	%
Crude Oil Future		CL1		0.10		66		10.6	%
Brent Crude Future		CO1		0.10		65		10.5	%
Live Cattle Future		LC1		0.18		36		5.7	%
Gasoline RBOB Future		XB1		0.06		32		5.1	%
Low Sulphur Gas Oil Future		QS1		0.08		30		4.8	%
Sugar No. 11 Future		SB1		0.16		28		4.5	%
Cotton No. 2 Future		CT1		0.40		23		3.6	%
NY Harbor ULSD Heating Oil Future		HO1		0.06		17		2.7	%
					$	626		100.0	%

(5) Short Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At December 31, 2024, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value (7)		Value of Index		Weightings
S&P GSCI 2 Month Forward Corn Index ER		SG2MCNP		1.42	$	38		20.7	%
S&P GSCI 2 Month Forward Unleaded Gas Index ER		SG2MHUP		0.03		37		20.4	%
S&P GSCI 2 Month Forward Kansas Wheat Index ER		SG2MKWP		1.53		36		20.2	%
S&P GSCI 2 Month Forward Soybeans Index ER		SG2MSOP		0.11		36		20.0	%
S&P GSCI 2 Month Forward Cotton Index ER		SG2MCTP		0.84		34		18.7	%
					$	181		100.0	%

(6) Short Commodity Basket Swap represents a swap on a basket of commodity sub-indices of the S&P GSCI index. At December 31, 2024, all constituents and their weightings were as follows:

Sub-Index	Ticker		Contract Value (7)		Value of Index		Weightings
S&P GSCI 2 Month Forward Corn Index ER		SG2MCNP		1.55	$	41		20.7	%
S&P GSCI 2 Month Forward Unleaded Gas Index ER		SG2MHUP		0.03		40		20.4	%
S&P GSCI 2 Month Forward Kansas Wheat Index ER		SG2MKWP		1.67		40		20.2	%
S&P GSCI 2 Month Forward Soybeans Index ER		SG2MSOP		0.13		40		20.0	%
S&P GSCI 2 Month Forward Cotton Index ER		SG2MCTP		0.92		37		18.7	%
					$	198		100.0	%

(7) Contract value represents the number of units of the underlying constituent’s index in one unit of the custom basket index at creation. The contract value is calculated by multiplying each constituent’s weight by the starting price of the custom basket index and dividing by the starting price of the constituent’s index. The contract value will differ depending on the date the swap is initiated.

DoubleLine Global Bond Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 52.6%
AUSTRALIA - 1.0%
2,617,000 AUD	Australia Government Bond		1.50	%		06/21/2031		1,381,844
BELGIUM - 3.7%
3,126,000 EUR	Kingdom of Belgium Government Bond		0.90	%(a)		06/22/2029		3,028,047
2,200,000 EUR	Kingdom of Belgium Government Bond		2.85	%(a)		10/22/2034		2,254,463
								5,282,510
CANADA - 0.8%
1,700,000 CAD	Canadian Government Bond		1.50	%		06/01/2031		1,075,451
CZECH REPUBLIC - 0.8%
29,600,000 CZK	Czech Republic Government Bond		2.75	%		07/23/2029		1,162,731
FRANCE - 5.3%
660,000 EUR	French Republic Government Bond OAT		0.00	%(a)		11/25/2029		601,643
2,582,191 EUR	French Republic Government Bond OAT		0.70	%(a)		07/25/2030		2,656,304
2,460,000 EUR	French Republic Government Bond OAT		3.00	%(a)		05/25/2033		2,535,200
1,700,000 EUR	French Republic Government Bond OAT		3.00	%(a)		11/25/2034		1,733,698
								7,526,845
GERMANY - 7.2%
4,390,000 EUR	Bundesrepublik Deutschland Bundesanleihe		0.00	%		08/15/2030		4,050,024
2,500,000 EUR	Bundesrepublik Deutschland Bundesanleihe		0.00	%		02/15/2031		2,277,987
1,630,000 EUR	Bundesrepublik Deutschland Bundesanleihe		1.70	%		08/15/2032		1,628,082
2,650,000 EUR	Bundesrepublik Deutschland Bundesanleihe		1.00	%		05/15/2038		2,270,884
								10,226,977
IRELAND - 1.8%
680,000 EUR	Ireland Government Bond		0.90	%		05/15/2028		676,864
1,910,000 EUR	Ireland Government Bond		1.10	%		05/15/2029		1,882,119
								2,558,983
ISRAEL - 4.3%
9,300,000 ILS	Israel Government Bond		0.50	%		02/27/2026		2,453,385
13,600,000 ILS	Israel Government Bond		3.75	%		09/30/2027		3,691,789
								6,145,174
JAPAN - 10.3%
361,000,000 JPY	Japan Government Ten Year Bond		0.10	%		12/20/2026		2,273,457
812,500,000 JPY	Japan Government Ten Year Bond		0.10	%		12/20/2027		5,088,139
500,000,000 JPY	Japan Government Twenty Year Bond		1.90	%		03/20/2031		3,394,490
418,000,000 JPY	Japan Government Twenty Year Bond		0.50	%		03/20/2038		2,367,677
240,000,000 JPY	Japan Government Twenty Year Bond		1.80	%		09/20/2044		1,506,907
								14,630,670
MEXICO - 1.7%
30,000,000 MXN	Mexican Bonos		5.00	%		03/06/2025		1,425,520
20,300,000 MXN	Mexican Bonos		5.75	%		03/05/2026		929,261
								2,354,781
NEW ZEALAND - 1.2%
3,600,000 NZD	New Zealand Government Bond		1.50	%		05/15/2031		1,725,784
PERU - 2.6%
13,900,000 PEN	Peru Government Bond		6.15	%		08/12/2032		3,670,817
POLAND - 1.5%
11,100,000 PLN	Republic of Poland Government Bond		1.75	%		04/25/2032		2,065,124
PORTUGAL - 0.9%
1,420,000 EUR	Portugal Obrigacoes do Tesouro OT		0.48	%(a)		10/18/2030		1,323,015
SOUTH AFRICA - 2.7%
38,190,000 ZAR	Republic of South Africa Government Bond		8.00	%		01/31/2030		1,938,856
38,570,000 ZAR	Republic of South Africa Government Bond		8.88	%		02/28/2035		1,862,062
								3,800,918
SPAIN - 4.7%
1,470,000 EUR	Spain Government Bond		1.30	%(a)		10/31/2026		1,499,056
4,440,000 EUR	Spain Government Bond		0.60	%(a)		10/31/2029		4,198,953
970,000 EUR	Spain Government Bond		0.50	%(a)		04/30/2030		901,817
								6,599,826

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
UNITED KINGDOM - 2.1%
2,500,000 GBP	United Kingdom Gilt		4.25	%		03/07/2036		3,016,947
	Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $85,884,846)							74,548,397
US GOVERNMENT AND AGENCY OBLIGATIONS - 41.2%
UNITED STATES - 41.2%
560,000 USD	United States Treasury Note/Bond		0.50	%		03/31/2025		555,024
2,400,000 USD	United States Treasury Note/Bond		0.25	%		06/30/2025		2,354,200
2,410,000 USD	United States Treasury Note/Bond		0.25	%		07/31/2025		2,355,319
3,570,000 USD	United States Treasury Note/Bond		0.38	%		11/30/2025		3,447,707
4,960,000 USD	United States Treasury Note/Bond		0.75	%		05/31/2026		4,724,772
3,840,000 USD	United States Treasury Note/Bond		0.63	%		03/31/2027		3,545,888
3,280,000 USD	United States Treasury Note/Bond		0.50	%		10/31/2027		2,952,874
3,270,000 USD	United States Treasury Note/Bond		0.63	%		11/30/2027		2,945,670
3,620,000 USD	United States Treasury Note/Bond		0.63	%		12/31/2027		3,251,494
5,980,000 USD	United States Treasury Note/Bond		0.75	%		01/31/2028		5,374,179
6,070,000 USD	United States Treasury Note/Bond		0.63	%		05/15/2030		4,982,075
6,470,000 USD	United States Treasury Note/Bond		0.63	%		08/15/2030		5,255,767
6,780,000 USD	United States Treasury Note/Bond		0.88	%		11/15/2030		5,548,880
2,270,000 USD	United States Treasury Note/Bond		1.13	%		05/15/2040		1,366,710
3,110,000 USD	United States Treasury Note/Bond		1.38	%		11/15/2040		1,926,227
2,620,000 USD	United States Treasury Note/Bond		1.75	%		08/15/2041		1,697,612
7,080,000 USD	United States Treasury Note/Bond		1.25	%		05/15/2050		3,358,734
5,440,000 USD	United States Treasury Note/Bond		1.38	%		08/15/2050		2,654,566
	Total US Government and Agency Obligations (Cost $59,064,553)							58,297,698
SHORT TERM INVESTMENTS - 5.4%
2,525,147 USD	First American Government Obligations Fund - U		4.41	%(b)				2,525,147
2,525,146 USD	JPMorgan US Government Money Market Fund - IM		4.44	%(b)				2,525,146
2,525,147 USD	MSILF Government Portfolio - Institutional		4.42	%(b)				2,525,147
	Total Short Term Investments (Cost $7,575,440)							7,575,440
	Total Investments - 99.2% (Cost $152,524,839)							140,421,535
	Other Assets in Excess of Liabilities - 0.8%							1,090,174
	NET ASSETS - 100.0%						$	141,511,709

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	52.6	%
US Government and Agency Obligations	41.2	%
Short Term Investments	5.4	%
Other Assets and Liabilities	0.8	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
United States	46.6	%
Japan	10.3	%
Germany	7.2	%
France	5.3	%
Spain	4.7	%
Israel	4.3	%
Belgium	3.7	%
South Africa	2.7	%
Peru	2.6	%
United Kingdom	2.1	%
Ireland	1.8	%
Mexico	1.7	%
Poland	1.5	%
New Zealand	1.2	%
Australia	1.0	%
Portugal	0.9	%
Czech Republic	0.8	%
Canada	0.8	%
Other Assets and Liabilities	0.8	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $20,732,196 or 14.7% of the Fund’s net assets.
(b)	Seven-day yield as of period end.

AUD	Australian Dollar
CAD	Canadian Dollar
CZK	Czech Republic Koruna
EUR	Euro
GBP	British Pound
ILS	Israeli Shekel
JPY	Japanese Yen
MXN	Mexican Peso
NZD	New Zealand Dollar
PEN	Peruvian Sol
PLN	Polish Zloty
USD	United States Dollar
ZAR	South African Rand

Forward Currency Exchange Contracts

Settlement Date	Counterparty	Currency to be Delivered			Value		Currency to be Received			Value		Unrealized Appreciation (Depreciation)
01/17/2025	State Street Bank & Trust Co.		8,725,139	ILS	$	2,400,937		2,337,348	USD		$2,337,348	$	(63,589	)
01/17/2025	Goldman Sachs		13,600,000	ILS		3,742,376		3,644,981	USD		3,644,981		(97,395	)
												$	(160,984	)

ILS	Israeli Shekel
USD	United States Dollar

DoubleLine Infrastructure Income Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
ASSET BACKED OBLIGATIONS - 39.1%
		Apollo Aviation Securitization Equity Trust
	8,348,182	Series 2024-1A-B		6.90	%(a)	05/16/2049		8,488,907
		Blackbird Capital Aircraft
	2,342,976	Series 2016-1A-B		8.20	%(a)(b)	12/16/2041		2,346,907
		Blue Stream Communications LLC
	2,000,000	Series 2023-1A-C		8.90	%(a)	05/20/2053		2,023,217
		Cloud Capital Holdco LP
	3,500,000	Series 2024-2A-A2		5.92	%(a)	11/22/2049		3,482,766
		Cologix Data Centers US Issuer LLC
	2,250,000	Series 2021-1A-B		3.79	%(a)	12/26/2051		2,127,121
		Compass Datacenters LLC
	5,000,000	Series 2024-1A-A2		5.75	%(a)	02/25/2049		4,989,771
		Cyrusone Holdco LLC
	2,000,000	Series 2023-1A-A2		4.30	%(a)	04/20/2048		1,925,685
	1,383,331	Series 2023-1A-B		5.45	%(a)	04/20/2048		1,357,744
	1,500,000	Series 2024-3A-A2		4.65	%(a)	05/20/2049		1,394,928
		DataBank Issuer
	6,900,000	Series 2021-1A-A2		2.06	%(a)	02/27/2051		6,643,940
	2,100,000	Series 2021-1A-C		4.43	%(a)	02/27/2051		2,004,024
	6,000,000	Series 2021-2A-A2		2.40	%(a)	10/25/2051		5,676,845
		Diamond Infrastructure Funding LLC
	2,250,000	Series 2021-1A-B		2.36	%(a)	04/15/2049		2,102,216
		DigitalBridge Group, Inc.
	6,250,000	Series 2023-1A-B		5.75	%(a)	09/15/2048		6,122,881
		Falcon Aerospace Ltd.
	822,996	Series 2017-1-A		4.58	%(a)	02/15/2042		828,660
		Falko Regional Aircraft Ltd.
	3,181,006	Series 2021-1A-A		5.75	%	04/15/2041		3,095,694
		GAIA Aviation Ltd.
	2,429,142	Series 2019-1-A		3.97	%(a)(b)	12/15/2044		2,339,517
		Goodgreen Trust
	2,976,765	Series 2020-1A-A		2.63	%(a)	04/15/2055		2,425,932
		GoodLeap Sustainable Home Solutions Trust
	3,105,179	Series 2021-3CS-B		2.41	%(a)	05/20/2048		2,269,613
		Helios Issuer LLC
	2,379,422	Series 2018-1A-A		4.87	%(a)	07/20/2048		2,169,330
	6,974,992	Series 2020-2A-A		2.73	%(a)	11/01/2055		5,515,874
	2,312,973	Series 2021-B-B		2.01	%(a)	07/20/2048		1,939,800
		HERO Funding Trust
	10,243	Series 2015-2A-A		3.99	%(a)	09/20/2040		9,532
	298,879	Series 2016-3A-A2		3.91	%(a)	09/20/2042		274,414
	739,324	Series 2016-4A-A2		4.29	%(a)	09/20/2047		682,969
		Horizon Aircraft Finance Ltd.
	2,998,164	Series 2019-1-A		3.72	%(a)	07/15/2039		2,859,927
		ITE Rail Fund LP
	3,318,969	Series 2021-1A-A		2.25	%(a)	02/28/2051		3,020,833
	2,160,627	Series 2021-3A-A		2.21	%(a)	06/28/2051		2,000,691
		JOL Air Ltd.
	2,929,859	Series 2019-1-A		3.97	%(a)	04/15/2044		2,896,687
		Kestrel Aircraft Funding USA LLC
	1,049,060	Series 2018-1A-A		4.25	%(a)	12/15/2038		1,037,074
		Loanpal Solar Loan Ltd.
	4,658,095	Series 2020-3GS-A		2.47	%(a)	12/20/2047		3,701,069
		Luminace Issuer LLC
	6,805,960	Series 2024-1-A		5.87	%(a)	10/30/2031		6,673,530
		Mosaic Solar Loans LLC
	1,319,750	Series 2018-1A-A		4.01	%(a)	06/22/2043		1,231,201
	1,769,195	Series 2019-2A-B		3.28	%(a)	09/20/2040		1,573,664

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	1,877,139	Series 2020-1A-A		2.10	%(a)	04/20/2046		1,630,523
	2,847,522	Series 2021-3A-B		1.92	%(a)	06/20/2052		2,110,594
	1,913,356	Series 2022-1A-B		3.16	%(a)	01/20/2053		1,453,061
		NP Railcar Holdings LLC
	38,796	Series 2016-1A-A1		4.16	%(a)	04/20/2046		38,505
	1,052,800	Series 2017-1A-A1		3.37	%(a)	10/21/2047		1,023,168
	3,978,883	Series 2021-1A-A1		2.23	%(a)	03/19/2051		3,768,132
		Purewest Funding LLC
	1,701,290	Series 2021-1-A1		4.09	%(a)	12/22/2036		1,672,279
		Shenton Aircraft Investment Ltd.
	95,409	Series 2015-1A-A		4.75	%(a)	10/15/2042		89,731
		Signal Rail
	4,339,289	Series 2021-1-A		2.23	%(a)	08/17/2051		3,939,048
		Start/Bermuda
	707,529	Series 2018-1-A		4.09	%(a)	05/15/2043		701,718
		Sunnova Energy International, Inc.
	1,961,915	Series 2020-AA-A		2.98	%(a)	06/20/2047		1,693,632
	3,739,320	Series 2021-A-A		1.80	%(a)	02/20/2048		2,746,119
		Sunrun, Inc.
	5,062,278	Series 2021-2A-A		2.27	%(a)	01/30/2057		4,256,132
		Switch ABS Issuer LLC
	4,000,000	Series 2024-1A-B		6.50	%(a)	03/25/2054		4,032,942
	5,000,000	Series 2024-2A-C		10.03	%(a)	06/25/2054		5,180,783
		Thunderbolt Aircraft Lease
	950,110	Series 2018-A-A		4.15	%(a)(b)	09/15/2038		921,194
	2,678,571	Series 2018-A-B		5.07	%(a)(b)	09/15/2038		2,306,432
		Trinity Industries Leasing Co.
	2,366,137	Series 2010-1A-A		5.19	%(a)	10/16/2040		2,347,584
		Vault DI Issuer LLC
	5,000,000	Series 2021-1A-A2		2.80	%(a)	07/15/2046		4,724,515
		Vivant Solar Financing V Parent LLC
	4,225,228	Series 2018-1A-A		4.73	%(a)	04/30/2048		3,960,681
		WAVE USA
	1,365,276	Series 2017-1A-A		3.84	%(a)	11/15/2042		1,323,477
		Total Asset Backed Obligations (Cost $157,504,854)						147,153,213
FOREIGN CORPORATE BONDS - 9.1%
	5,500,000	APA Infrastructure Ltd.		4.25	%(a)	07/15/2027		5,413,704
	2,000,000	Emirates Semb Corp. Water & Power Co. PJSC		4.45	%(a)	08/01/2035		1,910,125
	1,914,340	Energia Eolica SA		6.00	%(c)	08/30/2034		1,923,911
	2,417,736	Fermaca Enterprises S de RL de CV		6.38	%(a)	03/30/2038		2,355,334
	1,317,200	Fermaca Enterprises S de RL de CV		6.38	%	03/30/2038		1,283,203
	433,231	Interoceanica IV Finance Ltd. Series 2007		0.00	%(c)	11/30/2025		416,985
	188,361	Interoceanica IV Finance Ltd. Series 2007		0.00	%(a)(c)	11/30/2025		181,298
	4,216,000	Sydney Airport Finance Co. Pty Ltd.		3.38	%(a)	04/30/2025		4,193,047
	2,440,000	Sydney Airport Finance Co. Pty Ltd.		3.63	%(a)	04/28/2026		2,399,517
	8,299,000	TransCanada PipeLines Ltd.		4.63	%	03/01/2034		7,732,626
	500,000	Transelec SA		4.25	%(a)	01/14/2025		499,245
	6,000,000	Transelec SA		3.88	%(a)	01/12/2029		5,767,352
		Total Foreign Corporate Bonds (Cost $34,671,343)						34,076,347
FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 0.8%
	144,774	Lima Metro Line 2 Finance Ltd.		5.88	%	07/05/2034		144,520
	2,688,667	Lima Metro Line 2 Finance Ltd.		5.88	%(a)	07/05/2034		2,683,949
		Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $2,943,430)						2,828,469

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
US CORPORATE BONDS - 40.6%
	4,000,000	Ameren Illinois Co.		3.85	%	09/01/2032		3,677,019
	1,500,000	Ameren Illinois Co.		4.95	%	06/01/2033		1,475,027
	11,015,000	AT&T, Inc.		4.30	%	12/15/2042		9,177,627
	5,000,000	Burlington Northern Santa Fe LLC		5.20	%	04/15/2054		4,709,557
	3,500,000	Cheniere Energy, Inc.		5.65	%	04/15/2034		3,522,431
	8,000,000	Crown Castle, Inc.		5.10	%	05/01/2033		7,806,943
	10,250,000	Dominion Energy, Inc.		3.38	%	04/01/2030		9,433,687
	5,000,000	Duke Energy Florida LLC		5.88	%	11/15/2033		5,214,250
	8,000,000	Energy Transfer LP		5.75	%	02/15/2033		8,115,023
	5,000,000	Enterprise Products Operating LLC		5.55	%	02/16/2055		4,814,366
	8,500,000	Eversource Energy		5.13	%	05/15/2033		8,262,780
	7,688,000	Exelon Corp.		4.05	%	04/15/2030		7,331,518
	5,750,000	Flex Intermediate Holdco LLC		4.32	%(a)	12/30/2039		4,433,341
	2,000,000	Foundry JV Holdco LLC		6.15	%(a)	01/25/2032		2,019,535
	2,000,000	Foundry JV Holdco LLC		5.88	%(a)	01/25/2034		1,958,575
	6,000,000	HA Sustainable Infrastructure Capital, Inc.		6.38	%(a)	07/01/2034		5,846,326
	7,500,000	ITC Holdings Corp.		5.40	%(a)	06/01/2033		7,450,970
	8,000,000	MPLX LP		5.00	%	03/01/2033		7,687,032
	9,900,000	NiSource, Inc.		3.60	%	05/01/2030		9,239,803
	8,500,000	Ohio Power Co.		5.00	%	06/01/2033		8,224,964
	3,500,000	ONEOK, Inc.		6.63	%	09/01/2053		3,683,316
	5,000,000	Pluto 2 (GIP Sharon Finco)		6.64	%(c)	09/30/2046		5,041,500
	5,000,000	Sempra		5.50	%	08/01/2033		5,014,151
	10,000,000	Southern Co.		3.70	%	04/30/2030		9,396,478
	4,500,000	T-Mobile USA, Inc.		5.50	%	01/15/2055		4,249,774
	5,000,000	Venture Global Calcasieu Pass LLC		6.25	%(a)	01/15/2030		5,050,160
		Total US Corporate Bonds (Cost $158,420,319)						152,836,153
US GOVERNMENT AND AGENCY OBLIGATIONS - 9.1%
	18,920,000	United States Treasury Note/Bond		4.25	%	06/30/2029		18,819,702
	15,800,000	United States Treasury Note/Bond		4.63	%	05/15/2054		15,356,182
		Total US Government and Agency Obligations (Cost $35,494,699)						34,175,884
SHORT TERM INVESTMENTS - 0.9%
	1,180,224	First American Government Obligations Fund - U		4.41	%(d)			1,180,224
	1,180,224	JPMorgan US Government Money Market Fund - IM		4.44	%(d)			1,180,224
	1,180,224	MSILF Government Portfolio - Institutional		4.42	%(d)			1,180,224
		Total Short Term Investments (Cost $3,540,672)						3,540,672
		Total Investments - 99.6% (Cost $392,575,317)						374,610,738
		Other Assets in Excess of Liabilities - 0.4%						1,397,662
		NET ASSETS - 100.0%					$	376,008,400

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Corporate Bonds	40.6	%
Asset Backed Obligations	39.1	%
US Government and Agency Obligations	9.1	%
Foreign Corporate Bonds	9.1	%
Short Term Investments	0.9	%
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	0.8	%
Other Assets and Liabilities	0.4	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Asset Backed Obligations	39.1	%
Utilities	18.8	%
Energy	18.5	%
US Government and Agency Obligations	9.1	%
Telecommunications	5.7	%
Transportation	4.9	%
Finance	1.6	%
Technology	1.0	%
Short Term Investments	0.9	%
Other Assets and Liabilities	0.4	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $196,219,997 or 52.2% of the Fund’s net assets.
(b)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(c)	Value determined using significant unobservable inputs.
(d)	Seven-day yield as of period end.

DoubleLine Shiller Enhanced International CAPE®	(Unaudited)
Schedule of Investments	December 31, 2024

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
ASSET BACKED OBLIGATIONS - 8.3%
		Bridgecrest Lending Auto Securitization Trust
	14,715	Series 2024-1-A2	5.82	%	09/15/2026	14,719
		Commonbond Student Loan Trust
	298,115	Series 2017-BGS-B	3.26	%(a)	09/25/2042	257,992
		Diamond Resorts Owner Trust
	237,481	Series 2021-1A-A	1.51	%(a)	11/21/2033	232,042
		DigitalBridge Group, Inc.
	500,000	Series 2023-1A-A2A	5.00	%(a)	09/15/2048	492,479
		Marlette Funding Trust
	202,279	Series 2022-3A-B	5.95	%(a)	11/15/2032	202,526
		Mosaic Solar Loans LLC
	354,358	Series 2021-3A-A	1.44	%(a)	06/20/2052	283,477
		National Collegiate Student Loan Trust
	292,568	Series 2006-1-A5 (1 mo. Term SOFR + 0.46%, 0.00% Floor)	4.80	%	03/25/2033	282,813
		Navient Student Loan Trust
	313,412	Series 2018-A-B	3.68	%(a)	02/18/2042	306,157
		Pagaya AI Debt Selection Trust
	110,427	Series 2024-1-A	6.66	%(a)	07/15/2031	111,791
		Tesla Sustainable Energy Trust
	125,000	Series 2024-1A-A2	5.08	%(a)	06/21/2050	124,975
		United Airlines Pass Through Trust
	108,729	Series 2020-1-A	5.88	%	10/15/2027	111,142
		Total Asset Backed Obligations (Cost $2,439,200)				2,420,113
COLLATERALIZED LOAN OBLIGATIONS - 16.3%
		CBAM Ltd.
	500,000	Series 2017-2A-AR (3 mo. Term SOFR + 1.45%, 1.19% Floor)	6.10	%(a)	07/17/2034	500,958
		CFIP CLO Ltd.
	500,000	Series 2021-1A-A (3 mo. Term SOFR + 1.48%, 1.22% Floor)	6.10	%(a)	01/20/2035	500,981
		Highbridge Loan Management Ltd.
	500,000	Series 3A-2014-CR (3 mo. Term SOFR + 3.86%, 0.00% Floor)	8.49	%(a)	07/18/2029	503,736
		Palmer Square CLO Ltd.
	500,000	Series 2021-2A-A (3 mo. Term SOFR + 1.41%, 1.41% Floor)	6.07	%(a)	07/15/2034	500,869
		RR Ltd./Cayman Islands
	500,000	Series 2021-14A-A1 (3 mo. Term SOFR + 1.38%, 1.38% Floor)	6.04	%(a)	04/15/2036	500,999
		Sound Point CLO Ltd.
	500,000	Series 2019-2A-AR (3 mo. Term SOFR + 1.43%, 1.17% Floor)	6.09	%(a)	07/15/2034	500,800
	1,000,000	Series 2020-1A-AR (3 mo. Term SOFR + 1.43%, 1.43% Floor)	6.05	%(a)	07/20/2034	1,001,926
		Venture CDO Ltd.
	264,187	Series 2017-29A-AR (3 mo. Term SOFR + 1.25%, 0.99% Floor)	5.78	%(a)	09/07/2030	264,618
		Wellfleet CLO Ltd.
	500,000	Series 2020-2A-AR (3 mo. Term SOFR + 1.48%, 1.22% Floor)	6.14	%(a)	07/15/2034	500,273
		Total Collateralized Loan Obligations (Cost $4,755,817)				4,775,160
FOREIGN CORPORATE BONDS - 1.2%
	10,000	Algonquin Power & Utilities Corp.	5.37	%(b)	06/15/2026	10,056
	61,000	Avolon Holdings Funding Ltd.	2.13	%(a)	02/21/2026	59,031
	2,000	BAT Capital Corp.	4.91	%	04/02/2030	1,976
	2,000	BMW US Capital LLC	4.65	%(a)	08/13/2029	1,964
	47,000	Commonwealth Bank of Australia  (SOFR + 0.63%)	5.12	%(a)	09/12/2025	47,094
	4,000	Freeport-McMoRan, Inc.	4.25	%	03/01/2030	3,805

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	56,000	Glencore Funding LLC	4.00	%(a)	04/16/2025	55,860
	42,000	Glencore Funding LLC  (SOFR + 1.06%)	5.75	%(a)	04/04/2027	42,160
	3,000	LYB Finance Co. BV	8.10	%(a)	03/15/2027	3,168
	48,000	Marex Group PLC	6.40	%	11/04/2029	48,508
	13,000	South Bow USA Infrastructure Holdings LLC	4.91	%(a)	09/01/2027	12,960
	7,000	TransCanada PipeLines Ltd.	4.88	%	01/15/2026	7,002
	55,000	Videotron Ltd.	5.13	%(a)	04/15/2027	54,921
		Total Foreign Corporate Bonds (Cost $347,402)				348,505
NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 14.3%
		280 Park Avenue Mortgage Trust
	100,000	Series 2017-280P-A (1 mo. Term SOFR + 1.18%, 1.13% Floor)	5.66	%(a)	09/15/2034	99,315
		Arbor Multifamily Mortgage Securities Trust
	1,624,710	Series 2021-MF2-XA	1.11	%(a)(c)(d)	06/15/2054	85,501
		Arbor Realty Trust, Inc.
	79,043	Series 2022-FL2-A (1 mo. Term SOFR + 1.85%, 1.85% Floor)	6.25	%(a)	05/15/2037	79,208
		AREIT Trust
	62,312	Series 2022-CRE6-A (30 day avg SOFR US + 1.25%, 1.25% Floor)	5.85	%(a)	01/20/2037	62,331
		BANK
	2,721,219	Series 2021-BN36-XA	0.89	%(c)(d)	09/15/2064	96,723
		BDS Ltd.
	63,724	Series 2021-FL10-A (1 mo. Term SOFR + 1.46%, 1.46% Floor)	5.84	%(a)	12/16/2036	64,110
		Benchmark Mortgage Trust
	4,356,182	Series 2018-B2-XA	0.45	%(c)(d)	02/15/2051	46,070
	2,271,000	Series 2021-B26-XB	0.64	%(a)(c)(d)	06/15/2054	75,222
	1,782,398	Series 2021-B28-XA	1.26	%(c)(d)	08/15/2054	102,708
		BPR Trust
	120,000	Series 2021-TY-A (1 mo. Term SOFR + 1.16%, 1.05% Floor)	5.56	%(a)	09/15/2038	119,626
		BrightSpire Capital, Inc.
	62,733	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)	5.63	%(a)	08/19/2038	62,540
	100,000	Series 2024-FL2-A (1 mo. Term SOFR + 1.95%, 1.95% Floor)	6.31	%(a)	08/19/2037	100,194
		BX Trust
	95,001	Series 2021-CIP-A (1 mo. Term SOFR + 1.04%, 0.92% Floor)	5.43	%(a)	12/15/2038	95,046
	61,630	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)	5.20	%(a)	10/15/2038	61,588
	66,423	Series 2022-PSB-A (1 mo. Term SOFR + 2.45%, 2.45% Floor)	6.85	%(a)	08/15/2039	66,817
		Citigroup Commercial Mortgage Trust
	2,585,346	Series 2016-C1-XA	1.81	%(c)(d)	05/10/2049	42,680
	100,000	Series 2016-P3-A4	3.33	%	04/15/2049	97,643
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	165,000	Series 2016-C1-B	4.20	%(c)	05/10/2049	154,302
		Commercial Mortgage Pass Through Certificates
	5,752,126	Series 2015-CR27-XA	0.90	%(c)(d)	10/10/2048	18,547
	5,899,257	Series 2015-LC21-XD	1.06	%(a)(c)(d)	07/10/2048	19,084
		Commercial Mortgage Trust
	2,400,000	Series 2021-PF1-XD	1.11	%(a)(c)(d)	11/15/2054	145,722
		Computershare Corporate Trust
	5,550,381	Series 2015-NXS2-XA	0.58	%(c)(d)	07/15/2058	10,938
	3,338,457	Series 2015-P2-XA	0.91	%(c)(d)	12/15/2048	17,376
	2,431,011	Series 2018-C48-XA	0.93	%(c)(d)	01/15/2052	71,006
	844,412	Series 2021-C59-XA	1.50	%(c)(d)	04/15/2054	56,193
		Credit Suisse Mortgage Capital Certificates
	164,000	Series 2017-TIME-A	3.65	%(a)	11/13/2039	143,889
		Extended Stay America Trust
	105,695	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)	5.59	%(a)	07/15/2038	105,834
		Franklin BSP Realty Trust, Inc.
	76,366	Series 2022-FL8-A (30 day avg SOFR US + 1.50%, 1.50% Floor)	6.10	%(a)	02/15/2037	76,235
		FS Rialto
	72,055	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)	5.73	%(a)	05/16/2038	72,045

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
	64,570	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)	5.76	%(a)	11/16/2036	64,608
		Granite Point Mortgage Trust, Inc.
	30,220	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)	5.74	%(a)	07/16/2035	29,944
		Great Wolf Trust
	100,000	Series 2024-WOLF-A (1 mo. Term SOFR + 1.54%, 1.54% Floor)	5.94	%(a)	03/15/2039	100,296
		Greystone Commercial Real Estate Notes
	65,625	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)	5.53	%(a)	07/15/2039	65,636
		GS Mortgage Securities Corp. II
	4,141,644	Series 2016-GS4-XA	0.56	%(c)(d)	11/10/2049	31,155
		KREF
	76,478	Series 2021-FL2-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)	5.57	%(a)	02/15/2039	76,378
		Ladder Capital Commercial Mortgage Securities LLC
	125,000	Series 2021-FL3-AS (1 mo. Term SOFR + 1.91%, 1.91% Floor)	6.31	%(a)	11/15/2038	124,230
	125,000	Series 2021-FL3-B (1 mo. Term SOFR + 2.31%, 2.31% Floor)	6.71	%(a)	11/15/2038	123,279
		LoanCore
	60,480	Series 2021-CRE5-A (1 mo. Term SOFR + 1.41%, 1.41% Floor)	5.81	%(a)	07/15/2036	60,525
	46,044	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)	5.81	%(a)	11/15/2038	46,056
	87,409	Series 2022-CRE7-A (30 day avg SOFR US + 1.55%, 1.55% Floor)	6.15	%(a)	01/17/2037	87,585
		Lument Finance Trust, Inc.
	43,728	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)	5.68	%(a)	06/15/2039	43,823
		MF1 Multifamily Housing Mortgage Loan Trust
	91,987	Series 2022-FL8-A (1 mo. Term SOFR + 1.35%, 1.35% Floor)	5.72	%(a)	02/19/2037	92,084
	59,479	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)	6.52	%(a)	06/19/2037	59,589
	100,000	Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor)	6.10	%(a)	03/19/2039	100,472
		MFT Trust
	186,000	Series 2020-ABC-D	3.48	%(a)(c)	02/10/2042	90,250
		Morgan Stanley Bank of America Merrill Lynch Trust
	90,000	Series 2015-C23-AS	4.00	%(c)	07/15/2050	89,190
	4,953,748	Series 2017-C34-XE	0.87	%(a)(c)(d)	11/15/2052	104,982
		Morgan Stanley Capital I, Inc.
	15,277,000	Series 2017-ASHF-XCP	0.00	%(a)(c)(d)	11/15/2025	15
		Ready Capital Corp.
	39,194	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.65	%(a)	11/25/2036	39,356
		SG Commercial Mortgage Securities LLC
	1,952,767	Series 2016-C5-XA	1.82	%(c)(d)	10/10/2048	36,000
		SLG Office Trust
	18,169,000	Series 2021-OVA-X	0.26	%(a)(c)(d)	07/15/2041	236,926
		TPG Real Estate Finance Issuer Ltd.
	45,884	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)	5.70	%(a)	03/15/2038	45,873
	96,794	Series 2022-FL5-A (1 mo. Term SOFR + 1.65%, 1.65% Floor)	6.03	%(a)	02/15/2039	96,637
		UBS Commercial Mortgage Trust
	5,378,000	Series 2017-C3-XB	0.42	%(c)(d)	08/15/2050	60,803
		VMC Finance LLC
	34,057	Series 2022-FL5-A (30 day avg SOFR US + 1.90%, 1.90% Floor)	6.50	%(a)	02/18/2039	34,108
		Total Non-Agency Commercial Mortgage Backed Obligations (Cost $6,040,322)				4,188,293
NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 18.1%
		AJAX Mortgage Loan Trust
	191,653	Series 2021-C-A	5.12	%(a)(b)	01/25/2061	191,854
		Chase Mortgage Finance Corp.
	591,382	Series 2006-A1-2A2	5.72	%(c)	09/25/2036	508,035
		Citigroup Mortgage Loan Trust, Inc.
	36,266	Series 2006-AR2-1A2	5.57	%(c)	03/25/2036	35,428
		COLT Funding LLC
	435,231	Series 2021-HX1-A1	1.11	%(a)(c)	10/25/2066	365,199
		Countrywide Alternative Loan Trust
	310,993	Series 2007-9T1-1A6	6.00	%	05/25/2037	150,360

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
		Credit Suisse Mortgage Capital Certificates
	634,128	Series 2022-NQM1-A1	2.27	%(a)(c)	11/25/2066	565,137
		Deutsche ALT-A Securities, Inc.
	294,361	Series 2006-AR6-A6 (1 mo. Term SOFR + 0.49%, 0.38% Floor, 10.50% Cap)	4.83	%	02/25/2037	250,736
		Lehman XS Trust
	126,732	Series 2007-6-2A1 (1 mo. Term SOFR + 0.53%, 0.42% Floor)	4.87	%	05/25/2037	104,635
		Merrill Lynch Alternative Note Asset
	768,209	Series 2007-OAR5-1A1	3.83	%(c)	10/25/2047	216,847
		Merrill Lynch Mortgage Backed Securities Trust
	810,618	Series 2007-2-1A1 (1 yr. CMT Rate + 2.40%, 2.40% Floor)	6.74	%	08/25/2036	682,942
		Onslow Bay Mortgage Loan Trust
	166,637	Series 2020-EXP2-A3	2.50	%(a)(c)	05/25/2060	136,629
		PRPM LLC
	271,114	Series 2021-4-A1	4.87	%(a)(b)	04/25/2026	270,724
		RALI Trust
	626,802	Series 2007-QS8-A3 (1 mo. Term SOFR + 0.71%, 0.60% Floor, 6.00% Cap)	5.05	%	06/25/2037	461,491
		Starwood Mortgage Residential Trust
	500,000	Series 2020-2-M1E	3.00	%(a)	04/25/2060	484,993
	325,041	Series 2021-5-A1	1.92	%(a)(c)	09/25/2066	270,705
		Velocity Commercial Capital Loan Trust
	166,439	Series 2018-2-A	4.05	%(a)(c)	10/26/2048	161,071
	453,375	Series 2021-2-M2	2.20	%(a)(c)	08/25/2051	357,282
		Vericrest Opportunity Loan Transferee
	62,000	Series 2021-NPL1-A1	4.89	%(a)(b)	02/27/2051	62,001
		Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $6,135,635)				5,276,069
US CORPORATE BONDS - 13.4%
	17,000	AGCO Corp.	5.45	%	03/21/2027	17,172
	4,000	Agilent Technologies, Inc.	4.20	%	09/09/2027	3,952
	28,000	Albemarle Corp.	4.65	%	06/01/2027	27,786
	8,000	Ally Financial, Inc.  (SOFR + 3.26%)	6.99	%	06/13/2029	8,337
	6,000	Ally Financial, Inc.  (SOFR + 2.82%)	6.85	%	01/03/2030	6,223
	12,000	Altria Group, Inc.	6.20	%	11/01/2028	12,475
	56,000	American Electric Power Co., Inc.	5.20	%	01/15/2029	56,443
	53,000	American Express Co.  (SOFR + 1.00%)	5.53	%	02/16/2028	53,303
	14,000	American Homes 4 Rent LP	4.25	%	02/15/2028	13,667
	11,000	American National Group, Inc.	5.75	%	10/01/2029	11,021
	4,000	American Water Capital Corp.	3.75	%	09/01/2028	3,849
	58,000	Amgen, Inc.	5.51	%	03/02/2026	58,003
	41,000	Apache Corp.	4.25	%	01/15/2030	38,565
	80,000	Apollo Debt Solutions BDC	6.90	%(a)	04/13/2029	82,832
	25,000	AppLovin Corp.	5.13	%	12/01/2029	24,949
	9,000	Ares Strategic Income Fund	5.70	%(a)	03/15/2028	9,002
	29,000	Arrow Electronics, Inc.	5.15	%	08/21/2029	28,893
	64,000	Athene Global Funding	4.72	%(a)	10/08/2029	62,468
	8,000	Avery Dennison Corp.	4.88	%	12/06/2028	7,988
	59,000	Aviation Capital Group LLC	1.95	%(a)	01/30/2026	57,156
	7,000	Bank of America Corp.  (SOFR + 1.75%)	4.83	%	07/22/2026	7,001
	26,000	Bank of America Corp.  (3 mo. Term SOFR + 1.32%)	3.56	%	04/23/2027	25,590
	32,000	Blackstone Private Credit Fund	5.60	%(a)	11/22/2029	31,613
	23,000	Blackstone Secured Lending Fund	5.88	%	11/15/2027	23,369
	80,000	Blue Owl Capital Corp.	5.95	%	03/15/2029	80,352
	48,000	Blue Owl Credit Income Corp.	7.75	%	09/16/2027	50,419
	83,000	Blue Owl Credit Income Corp.	5.80	%(a)	03/15/2030	81,780
	30,000	Blue Owl Technology Finance Corp.	3.75	%(a)	06/17/2026	29,038
	74,000	Blue Owl Technology Finance Corp. II	6.75	%(a)	04/04/2029	74,488

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
31,000	Bristol-Myers Squibb Co.  (SOFR + 0.49%)	5.01	%	02/20/2026	31,081
5,000	Brixmor Operating Partnership LP	4.13	%	06/15/2026	4,950
46,000	Broadcom, Inc.	3.15	%	11/15/2025	45,418
19,000	Broadcom, Inc.	4.35	%	02/15/2030	18,491
7,000	Bunge Ltd. Finance Corp.	3.75	%	09/25/2027	6,818
5,000	Cabot Corp.	4.00	%	07/01/2029	4,786
108,000	Capital One Financial Corp.  (SOFR + 2.16%)	4.99	%	07/24/2026	107,946
24,000	CenterPoint Energy, Inc.	5.40	%	06/01/2029	24,289
29,000	Cheniere Energy Partners LP	4.50	%	10/01/2029	28,097
50,000	Citigroup, Inc.  (SOFR + 1.34%)	4.54	%	09/19/2030	48,596
4,000	Citizens Financial Group, Inc.	4.30	%	12/03/2025	3,976
12,000	CNA Financial Corp.	3.90	%	05/01/2029	11,498
25,000	CNH Industrial Capital LLC	4.50	%	10/08/2027	24,778
48,000	Corebridge Global Funding	5.75	%(a)	07/02/2026	48,710
5,000	Coterra Energy, Inc.	3.90	%	05/15/2027	4,889
3,000	Coterra Energy, Inc.	4.38	%	03/15/2029	2,902
69,000	Crown Castle, Inc.	4.90	%	09/01/2029	68,275
24,000	CubeSmart LP	4.38	%	02/15/2029	23,320
12,000	Darden Restaurants, Inc.	4.35	%	10/15/2027	11,841
10,000	DCP Midstream Operating LP	5.13	%	05/15/2029	10,023
9,000	Delta Air Lines, Inc.	7.38	%	01/15/2026	9,201
2,000	Delta Air Lines, Inc. / SkyMiles IP Ltd.	4.75	%(a)	10/20/2028	1,974
12,000	Devon Energy Corp.	5.25	%	10/15/2027	12,016
7,000	DOC DR LLC	4.30	%	03/15/2027	6,927
42,000	Edwards Lifesciences Corp.	4.30	%	06/15/2028	41,117
28,000	Elevance Health, Inc.	5.15	%	06/15/2029	28,163
51,000	Energy Transfer LP	6.05	%	12/01/2026	52,125
27,000	EnLink Midstream LLC	5.38	%	06/01/2029	27,018
3,000	EOG Resources, Inc.	4.15	%	01/15/2026	2,986
7,000	EPR Properties	4.95	%	04/15/2028	6,888
7,000	EQT Corp.	3.90	%	10/01/2027	6,811
8,000	EQT Corp.	7.00	%	02/01/2030	8,516
27,000	Equifax, Inc.	4.80	%	09/15/2029	26,674
18,000	Essential Utilities, Inc.	4.80	%	08/15/2027	17,988
2,000	Essential Utilities, Inc.	3.57	%	05/01/2029	1,885
8,000	Eversource Energy	4.75	%	05/15/2026	7,999
26,000	Exelon Corp.	5.15	%	03/15/2029	26,143
57,000	Expedia Group, Inc.	6.25	%(a)	05/01/2025	57,041
2,000	FirstEnergy Transmission LLC	4.55	%(a)	01/15/2030	1,948
66,000	Fiserv, Inc.	4.75	%	03/15/2030	65,211
54,000	Ford Motor Co.	4.35	%	12/08/2026	53,185
2,000	GATX Corp.	4.00	%	06/30/2030	1,897
57,000	GE HealthCare Technologies, Inc.	4.80	%	08/14/2029	56,488
56,000	General Motors Financial Co., Inc.	5.25	%	03/01/2026	56,183
48,000	Genuine Parts Co.	4.95	%	08/15/2029	47,882
18,000	Global Payments, Inc.	5.30	%	08/15/2029	18,041
34,000	Goldman Sachs Bank USA/New York NY  (SOFR + 0.77%)	5.25	%	03/18/2027	34,068
51,000	HCA, Inc.	5.38	%	02/01/2025	51,012
56,000	Hewlett Packard Enterprise Co.	4.55	%	10/15/2029	54,608
7,000	Huntington Bancshares, Inc./OH  (SOFR + 1.28%)	5.27	%	01/15/2031	7,008
26,000	Hyatt Hotels Corp.	5.25	%	06/30/2029	26,031
28,000	Hyundai Capital America	4.55	%(a)	09/26/2029	27,193
46,000	IDEX Corp.	4.95	%	09/01/2029	45,829
19,000	Illumina, Inc.	4.65	%	09/09/2026	18,941
17,000	Interstate Power and Light Co.	3.60	%	04/01/2029	16,131
4,000	ITC Holdings Corp.	4.95	%(a)	09/22/2027	4,010
48,000	JPMorgan Chase & Co.  (SOFR + 0.92%)	5.54	%	04/22/2028	48,296
15,000	Keysight Technologies, Inc.	3.00	%	10/30/2029	13,685

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
29,000	Laboratory Corp. of America Holdings	4.35	%	04/01/2030	27,987
31,000	Lear Corp.	4.25	%	05/15/2029	29,834
13,000	Lennar Corp.	5.25	%	06/01/2026	13,071
3,000	Lennox International, Inc.	5.50	%	09/15/2028	3,052
27,000	LPL Holdings, Inc.	4.63	%(a)	11/15/2027	26,590
12,000	M&T Bank Corp.  (SOFR + 0.93%)	4.83	%	01/16/2029	11,952
28,000	Marriott International, Inc./MD	4.80	%	03/15/2030	27,804
52,000	MasTec, Inc.	4.50	%(a)	08/15/2028	50,460
47,000	Merck Sharp & Dohme Corp.	5.95	%	12/01/2028	49,132
5,000	Meritage Homes Corp.	3.88	%(a)	04/15/2029	4,677
10,000	Microchip Technology, Inc.	4.25	%	09/01/2025	9,962
4,000	Micron Technology, Inc.	4.98	%	02/06/2026	4,006
18,000	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.	6.50	%(a)	06/20/2027	18,126
2,000	Mohawk Industries, Inc.	5.85	%	09/18/2028	2,057
2,000	MPLX LP	4.80	%	02/15/2029	1,984
5,000	New York Life Global Funding  (SOFR + 0.48%)	4.98	%(a)	06/09/2026	5,010
6,000	New York Life Global Funding	4.70	%(a)	01/29/2029	5,988
6,000	Newmont Corp. / Newcrest Finance Pty Ltd.	5.30	%	03/15/2026	6,045
28,000	NGPL PipeCo LLC	4.88	%(a)	08/15/2027	27,798
43,000	NiSource, Inc.	5.20	%	07/01/2029	43,369
24,000	Norfolk Southern Corp.	7.80	%	05/15/2027	25,697
7,000	Northwestern Mutual Global Funding	4.11	%(a)	09/12/2027	6,908
25,000	Occidental Petroleum Corp.	5.20	%	08/01/2029	24,821
17,000	Omega Healthcare Investors, Inc.	4.75	%	01/15/2028	16,781
52,000	Oracle Corp.	5.80	%	11/10/2025	52,534
2,000	O’Reilly Automotive, Inc.	4.20	%	04/01/2030	1,924
8,000	Owens Corning	3.50	%	02/15/2030	7,438
51,000	Pacific Gas and Electric Co.	6.10	%	01/15/2029	52,814
4,000	Pacific Life Global Funding II  (SOFR + 0.62%)	5.12	%(a)	06/04/2026	4,013
49,000	Penske Truck Leasing Co. Lp / PTL Finance Corp.	4.40	%(a)	07/01/2027	48,379
29,000	PNC Financial Services Group, Inc.  (SOFR + 1.32%)	5.81	%	06/12/2026	29,127
9,000	Public Service Co. of Colorado	3.70	%	06/15/2028	8,696
26,000	Quanta Services, Inc.	4.75	%	08/09/2027	25,975
44,000	Quest Diagnostics, Inc.	4.20	%	06/30/2029	42,728
4,000	RGA Global Funding	6.00	%(a)	11/21/2028	4,128
3,000	Ryder System, Inc.	5.25	%	06/01/2028	3,034
11,000	Ryder System, Inc.	4.95	%	09/01/2029	10,967
12,000	Sempra	5.40	%	08/01/2026	12,114
12,000	Sherwin-Williams Co.	4.55	%	03/01/2028	11,905
16,000	Sonoco Products Co.	4.45	%	09/01/2026	15,898
40,000	State Street Corp.  (SOFR + 1.35%)	5.75	%	11/04/2026	40,332
53,000	Take-Two Interactive Software, Inc.	4.95	%	03/28/2028	52,986
22,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.50	%	07/15/2027	22,173
54,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	6.88	%	01/15/2029	55,376
55,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp.	5.50	%	03/01/2030	55,208
4,000	Timken Co.	4.50	%	12/15/2028	3,930
7,000	Toll Brothers Finance Corp.	4.88	%	03/15/2027	6,999
54,000	Truist Financial Corp.  (SOFR + 1.46%)	4.26	%	07/28/2026	53,803
18,000	Uber Technologies, Inc.	6.25	%(a)	01/15/2028	18,167
5,000	US Bancorp  (SOFR + 1.43%)	5.73	%	10/21/2026	5,035
43,000	Utah Acquisition Sub, Inc.	3.95	%	06/15/2026	42,353
48,000	Veralto Corp.	5.50	%	09/18/2026	48,579
59,000	VICI Properties LP / VICI Note Co., Inc.	4.25	%(a)	12/01/2026	58,061

	PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY		VALUE $
	41,000	Wells Fargo & Co.  (SOFR + 1.07%)	5.69	%	04/22/2028		41,359
	53,000	Welltower OP LLC	4.00	%	06/01/2025		52,814
	5,000	Western Midstream Operating LP	6.35	%	01/15/2029		5,178
	21,000	Western Midstream Operating LP	4.05	%	02/01/2030		19,711
	28,000	Williams Cos., Inc.	4.80	%	11/15/2029		27,640
	10,000	Xcel Energy, Inc.	4.00	%	06/15/2028		9,682
		Total US Corporate Bonds (Cost $3,911,567)					3,901,708
US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 4.5%
		Federal National Mortgage Association
	1,338,852	Series 2013-92-FA (30 day avg SOFR US + 0.66%, 0.55% Floor, 6.50% Cap)	5.23	%	09/25/2043		1,322,345
		Total US Government and Agency Mortgage Backed Obligations (Cost $1,295,548)					1,322,345
US GOVERNMENT AND AGENCY OBLIGATIONS - 23.8%
	2,000,000	United States Treasury Note/Bond	0.38	%	01/31/2026		1,919,295
	510,000	United States Treasury Note/Bond	0.75	%(e)	03/31/2026		488,578
	600,000	United States Treasury Note/Bond	0.75	%	05/31/2026		571,545
	450,000	United States Treasury Note/Bond	0.63	%	07/31/2026		425,341
	1,000,000	United States Treasury Note/Bond	0.88	%(e)	09/30/2026		943,847
	400,000	United States Treasury Note/Bond	0.63	%	03/31/2027		369,363
	400,000	United States Treasury Note/Bond	0.50	%	06/30/2027		364,758
	2,300,000	United States Treasury Note/Bond	0.88	%(e)	11/15/2030		1,882,364
		Total US Government and Agency Obligations (Cost $7,027,092)					6,965,091
AFFILIATED MUTUAL FUNDS - 2.2%
	72,135	DoubleLine Floating Rate Fund - Class I					649,933
		Total Affiliated Mutual Funds (Cost $686,722)					649,933
SHORT TERM INVESTMENTS - 4.2%
	405,553	First American Government Obligations Fund - U	4.41	%(f)			405,553
	405,554	JPMorgan US Government Money Market Fund - IM	4.44	%(f)			405,554
	405,554	MSILF Government Portfolio - Institutional	4.42	%(f)			405,554
		Total Short Term Investments (Cost $1,216,661)					1,216,661
		Total Investments - 106.3% (Cost $33,855,966)					31,063,878
		Other Liabilities in Excess of Assets - (6.3)%					(1,833,609	)
		NET ASSETS - 100.0%				$	29,230,269

SECURITY TYPE BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	23.8	%
Non-Agency Residential Collateralized Mortgage Obligations	18.1	%
Collateralized Loan Obligations	16.3	%
Non-Agency Commercial Mortgage Backed Obligations	14.3	%
US Corporate Bonds	13.4	%
Asset Backed Obligations	8.3	%
US Government and Agency Mortgage Backed Obligations	4.5	%
Short Term Investments	4.2	%
Affiliated Mutual Funds	2.2	%
Foreign Corporate Bonds	1.2	%
Other Assets and Liabilities	(6.3)	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
US Government and Agency Obligations	23.8	%
Non-Agency Residential Collateralized Mortgage Obligations	18.1	%
Collateralized Loan Obligations	16.3	%
Non-Agency Commercial Mortgage Backed Obligations	14.3	%
Asset Backed Obligations	8.3	%
US Government and Agency Mortgage Backed Obligations	4.5	%
Short Term Investments	4.2	%
Finance	2.2	%
Affiliated Mutual Funds	2.2	%
Banking	2.0	%
Energy	1.8	%
Technology	1.1	%
Healthcare	0.8	%
Utilities	0.8	%
Pharmaceuticals	0.6	%
Automotive	0.6	%
Insurance	0.5	%
Media	0.5	%
Real Estate	0.4	%
Hotels/Motels/Inns and Casinos	0.4	%
Mining	0.4	%
Diversified Manufacturing	0.4	%
Transportation	0.3	%
Industrial Equipment	0.3	%
Construction	0.3	%
Commercial Services	0.3	%
Telecommunications	0.2	%
Retailers (other than Food/Drug)	0.2	%
Chemicals/Plastics	0.2	%
Aerospace & Defense	0.1	%
Containers and Glass Products	0.1	%
Beverage and Tobacco	0.1	%
Food Service	0.0	%(g)
Food Products	0.0	%(g)
Other Assets and Liabilities	(6.3)	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $14,033,869 or 48.0% of the Fund’s net assets.
(b)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(c)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(d)	Interest only security
(e)	All or a portion of security has been pledged as collateral.
(f)	Seven-day yield as of period end.
(g)	Represents less than 0.05% of net assets.

CMT	Constant Maturity Treasury Rate
SOFR	Secured Overnight Financing Rate

Swap Agreements
Excess Return Swaps
Reference Entity	Counterparty	Long/ Short	Financing Rate			Payment Frequency	Termination Date	Notional Amount		Value			Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
Shiller Barclays CAPE® Europe Sector Net ER NoC Index(1)	Barclays Capital, Inc.	Long		0.20	%	Termination	01/09/2025		2,500,000   EUR	$	11,742		$	—	$	11,742
Shiller Barclays CAPE® Europe Sector Net ER NoC Index(1)	Barclays Capital, Inc.	Long		0.20	%	Termination	02/06/2025		1,200,000   EUR		(1,810	)		—		(1,810	)
Shiller Barclays CAPE® Europe Sector Net ER NoC Index(1)	BNP Paribas Securities Corp.	Long		0.20	%	Termination	01/09/2025		10,000,000   EUR		(15,085	)		—		(15,085	)
Shiller Barclays CAPE® Europe Sector Net ER NoC Index(1)	BNP Paribas Securities Corp.	Long		0.20	%	Termination	04/24/2025		14,900,000   EUR		(312,169	)		—		(312,169	)
										$	(317,322	)	$	—	$	(317,322	)

(1) Shiller Barclays CAPE^® Europe Sector Net ER NoC Index aims to provide notional long exposure to the top four European equity sectors that are relatively undervalued, as defined by a modified version of the classic CAPE^® Ratio (the “Relative CAPE^® Indicator”) and that possess relatively strong price momentum over the prior twelve months. Each European sector is represented by an index of equity securities of companies in the relevant sector. Information on the sector constituents as of December 31, 2024, is available on the Barclays Capital, Inc. website https://indices.barclays/IM/12/en/indices/details.app;ticker=BXIIESAE.

EUR Euro

Forward Currency Exchange Contracts
Settlement Date	Counterparty	Currency to be Delivered			Value		Currency to be Received			Value		Unrealized Appreciation (Depreciation)
02/05/2025	Barclays Capital, Inc.		3,400,000	EUR	$	3,527,121		3,713,203	USD	$	3,713,203	$	186,082
06/04/2025	Goldman Sachs		2,000,000	EUR		2,087,924		2,214,004	USD		2,214,004		126,080
06/04/2025	J.P. Morgan Securities, Inc.		1,600,000	EUR		1,670,339		1,748,996	USD		1,748,996		78,657
02/05/2025	J.P. Morgan Securities, Inc.		1,000,000	EUR		1,037,388		1,096,918	USD		1,096,919		59,530
06/04/2025	Barclays Capital, Inc.		500,000	EUR		521,981		551,509	USD		551,509		29,528
10/08/2025	J.P. Morgan Securities, Inc.		500,000	EUR		525,957		535,651	USD		535,651		9,694
02/05/2025	J.P. Morgan Securities, Inc.		432,499	USD		432,499		400,000	EUR		414,956		(17,544	)
10/08/2025	Barclays Capital, Inc.		334,578	USD		334,578		300,000	EUR		315,574		(19,003	)
06/04/2025	J.P. Morgan Securities, Inc.		665,006	USD		665,006		600,000	EUR		626,377		(38,629	)
10/08/2025	Goldman Sachs		3,347,491	USD		3,347,491		3,000,000	EUR		3,155,741		(191,750	)
02/05/2025	Goldman Sachs		5,675,472	USD		5,675,472		5,200,000	EUR		5,394,420		(281,052	)
10/08/2025	J.P. Morgan Securities, Inc.		7,473,552	USD		7,473,552		6,700,000	EUR		7,047,822		(425,730	)
02/05/2025	Barclays Capital, Inc.		9,383,377	USD		9,383,377		8,600,000	EUR		8,921,541		(461,835	)
06/04/2025	Goldman Sachs		14,123,231	USD		14,123,231		12,800,000	EUR		13,362,711		(760,520	)
												$	(1,706,492	)

EUR	Euro
USD	US Dollar

A summary of the DoubleLine Shiller Enhanced International CAPE®’s investments in affiliated mutual funds for the period ended December 31, 2024 is as follows:

Fund	Value at March 31, 2024		Gross Purchases		Gross Sales			Net Realized Gain (Loss) for the Period Ended December 31, 2024			Change in Unrealized for the Period Ended December 31, 2024		Value at December 31, 2024		Shares Held at December 31, 2024		Dividend Income Earned for the Period Ended December 31, 2024
DoubleLine Floating Rate Fund (Class I)	$	2,347,465	$	—	$	(1,700,000	)	$	(85,988	)	$	88,456	$	649,933		72,135		102,196

DoubleLine Emerging Markets Local Currency Bond Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
FOREIGN CORPORATE BONDS - 22.4%
BRAZIL - 0.6%
550,000 BRL	Simpar Finance SARL		10.75	%(a)	02/12/2028		72,112
CHINA - 5.1%
2,000,000 CNY	European Bank for Reconstruction & Development		2.75	%	04/27/2032		281,258
2,210,000 CNY	International Bank for Reconstruction & Development		2.00	%	02/18/2026		301,725
							582,983
COLOMBIA - 1.5%
833,000,000 COP	Empresas Publicas de Medellin ESP		8.38	%(a)	11/08/2027		168,999
INDIA - 8.3%
11,500,000 INR	Asian Development Bank		6.20	%	10/06/2026		132,952
33,500,000 INR	European Investment Bank		6.95	%(a)	03/01/2029		387,494
20,000,000 INR	Inter-American Development Bank		7.00	%	01/25/2029		232,194
18,000,000 INR	International Bank for Reconstruction & Development		6.85	%	04/24/2028		209,118
							961,758
INDONESIA - 2.4%
4,800,000,000 IDR	European Bank for Reconstruction & Development		4.25	%	02/07/2028		278,572
MEXICO - 4.5%
4,500,000 MXN	America Movil SAB de CV		10.30	%	01/30/2034		206,063
6,900,000 MXN	International Finance Corp.		7.50	%	01/18/2028		314,043
							520,106
	Total Foreign Corporate Bonds (Cost $2,880,989)						2,584,530
FOREIGN GOVERNMENT BONDS, FOREIGN AGENCIES AND FOREIGN GOVERNMENT SPONSORED CORPORATIONS - 71.3%
BRAZIL - 8.5%
1,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%	01/01/2025		161,791
2,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%	01/01/2027		293,868
2,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%	01/01/2029		272,200
2,000,000 BRL	Brazil Notas de Tesouro Nacional - Serie F		10.00	%	01/01/2031		258,072
							985,931
CHILE - 0.8%
90,000,000 CLP	Bonos de la Tesoreria de la Republica en pesos		4.50	%	03/01/2026		89,958
COLOMBIA - 1.3%
350,000,000 COP	Colombian TES		6.25	%	11/26/2025		77,769
350,000,000 COP	Colombian TES		7.50	%	08/26/2026		77,380
							155,149
CZECH REPUBLIC - 4.6%
10,600,000 CZK	Czech Republic Government Bond		2.75	%	07/23/2029		416,383
2,700,000 CZK	Czech Republic Government Bond		4.90	%	04/14/2034		117,399
							533,782
HUNGARY - 1.0%
53,000,000 HUF	Hungary Government Bond		4.75	%	11/24/2032		118,990
INDIA - 1.3%
12,000,000 INR	Export-Import Bank of Korea		8.10	%	10/16/2030		143,658
INDONESIA - 11.6%
6,065,000,000 IDR	Indonesia Treasury Bond		8.25	%	05/15/2029		394,536
4,700,000,000 IDR	Indonesia Treasury Bond		7.00	%	02/15/2033		291,529
6,170,000,000 IDR	Indonesia Treasury Bond		8.38	%	03/15/2034		417,275
3,662,000,000 IDR	Indonesia Treasury Bond		7.50	%	06/15/2035		234,464
							1,337,804
MALAYSIA - 3.6%
1,900,000 MYR	Malaysia Government Bond		3.58	%	07/15/2032		418,533
MEXICO - 5.8%
2,600,000 MXN	Mexican Bonos		5.00	%	03/06/2025		123,545
6,250,000 MXN	Mexican Bonos		5.75	%	03/05/2026		286,103
5,980,000 MXN	Mexican Bonos		7.75	%	05/29/2031		256,009
							665,657

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
PERU - 4.3%
1,670,000 PEN	Peru Government Bond		5.40	%	08/12/2034		405,491
350,000 PEN	Peruvian Government International Bond		6.90	%	08/12/2037		92,496
							497,987
PHILIPPINES - 0.7%
4,500,000 PHP	Philippine Government Bond		6.88	%	01/10/2029		79,862
POLAND - 4.5%
1,575,000 PLN	Republic of Poland Government Bond		1.75	%	04/25/2032		293,024
1,000,000 PLN	Republic of Poland Government Bond		5.00	%	10/25/2034		227,143
							520,167
ROMANIA - 4.0%
1,100,000 RON	Romania Government Bond		6.30	%	04/26/2028		223,150
1,100,000 RON	Romania Government Bond		8.00	%	04/29/2030		236,338
							459,488
SINGAPORE - 2.7%
400,000 SGD	Singapore Government Bond		3.38	%	05/01/2034		305,412
SOUTH AFRICA - 11.4%
8,000,000 ZAR	Republic of South Africa Government Bond		8.00	%	01/31/2030		406,150
9,360,000 ZAR	Republic of South Africa Government Bond		8.88	%	02/28/2035		451,877
10,120,000 ZAR	Republic of South Africa Government Bond		8.50	%	01/31/2037		455,506
							1,313,533
THAILAND - 5.2%
6,150,000 THB	Thailand Government Bond		3.85	%	12/12/2025		183,651
6,250,000 THB	Thailand Government Bond		3.35	%	06/17/2033		198,567
8,000,000 THB	Thailand Government Bond		1.59	%	12/17/2035		218,420
							600,638
	Total Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations (Cost $9,258,816)						8,226,549
SHORT TERM INVESTMENTS - 4.0%
155,073 USD	BlackRock Liquidity FedFund - Institutional		4.34	%(b)			155,073
155,063 USD	Fidelity Government Portfolio - Institutional		4.35	%(b)			155,063
155,082 USD	MSILF Government Portfolio - Institutional		4.42	%(b)			155,082
	Total Short Term Investments (Cost $465,218)						465,218
	Total Investments - 97.7% (Cost $12,605,023)						11,276,297
	Other Assets in Excess of Liabilities - 2.3%						264,208
	NET ASSETS - 100.0%					$	11,540,505

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	71.3	%
Foreign Corporate Bonds	22.4	%
Short Term Investments	4.0	%
Other Assets and Liabilities	2.3	%
Net Assets	100.0	%

INVESTMENT BREAKDOWN as a % of Net Assets:
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations	71.3	%
Finance	18.5	%
Short Term Investments	4.0	%
Telecommunications	1.8	%
Utilities	1.5	%
Transportation	0.6	%
Other Assets and Liabilities	2.3	%
Net Assets	100.0	%

COUNTRY BREAKDOWN as a % of Net Assets:
Indonesia	14.0	%
South Africa	11.4	%
Mexico	10.3	%
India	9.6	%
Brazil	9.1	%
Thailand	5.2	%
China	5.1	%
Czech Republic	4.6	%
Poland	4.5	%
Peru	4.3	%
United States	4.0	%
Romania	4.0	%
Malaysia	3.6	%
Colombia	2.8	%
Singapore	2.7	%
Hungary	1.0	%
Chile	0.8	%
Philippines	0.7	%
Other Assets and Liabilities	2.3	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $628,605 or 5.4% of the Fund’s net assets.
(b)	Seven-day yield as of period end.

BRL	Brazilian Real
CLP	Chilean Peso
CNY	Chinese Yuan Renminbi
COP	Colombian Peso
CZK	Czech Republic Koruna
HUF	Hungarian Forint
IDR	Indonesian Rupiah
INR	Indian Rupee
MXN	Mexican Peso
MYR	Malaysian Ringgit
PEN	Peruvian Sol
PHP	Philippine Peso
PLN	Polish Zloty

RON	Romanian Leu
SGD	Singapore Dollar
THB	Thai Baht
USD	United States Dollar
ZAR	South African Rand

DoubleLine Income Fund	(Unaudited)
Schedule of Investments	December 31, 2024

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE		MATURITY	VALUE $
ASSET BACKED OBLIGATIONS - 7.5%
	Affirm, Inc.
500,000	Series 2023-B-D	8.78	%(a)	09/15/2028	510,486
	APL Finance DAC
548,000	Series 2023-1A-C	8.50	%(a)	07/21/2031	557,104
	Apollo Aviation Securitization Equity Trust
491,070	Series 2024-1A-B	6.90	%(a)	05/16/2049	499,347
491,382	Series 2024-2A-B	6.61	%(a)	09/16/2049	487,314
	Compass Datacenters LLC
500,000	Series 2024-1A-B	7.00	%(a)	02/25/2049	504,210
	DigitalBridge Group, Inc.
500,000	Series 2023-1A-B	5.75	%(a)	09/15/2048	489,830
	Hardee’s Funding
496,250	Series 2024-1A-A2	7.25	%(a)	03/20/2054	507,933
	Helios Issuer LLC
1,056,062	Series 2019-AA-B	4.49	%(a)	06/20/2046	918,889
	Hotwire Funding LLC
1,000,000	Series 2021-1-B	2.66	%(a)	11/20/2051	941,335
	Lunar Structured Aircraft Portfolio Notes
657,024	Series 2021-1-C	5.68	%(a)	10/15/2046	638,065
	MAPS Ltd.
26,095	Series 2021-1A-C	5.44	%(a)	06/15/2046	25,081
	Marlette Funding Trust
500,000	Series 2022-3A-C	6.89	%(a)	11/15/2032	505,803
	Start Ltd./Bermuda
189,516	Series 2019-1-C	6.41	%(a)	03/15/2044	178,889
	Switch ABS Issuer LLC
500,000	Series 2024-1A-B	6.50	%(a)	03/25/2054	504,118
750,000	Series 2024-2A-C	10.03	%(a)	06/25/2054	777,117
	Willis Lease Finance Corp.
308,686	Series 2020-A-C	6.66	%(a)	03/15/2045	306,625
	Total Asset Backed Obligations (Cost $8,264,330)				8,352,146
COLLATERALIZED LOAN OBLIGATIONS - 20.1%
	Aimco CDO
700,000	Series 2021-15A-E (3 mo. Term SOFR + 6.21%, 5.95% Floor)	10.86	%(a)	10/17/2034	705,512
	Bain Capital Credit CLO
500,000	Series 2024-1A-D1 (3 mo. Term SOFR + 3.85%, 3.85% Floor)	8.50	%(a)	04/16/2037	512,235
	Battalion CLO Ltd.
1,000,000	Series 2021-21A-B (3 mo. Term SOFR + 2.01%, 1.75% Floor)	6.67	%(a)	07/15/2034	1,003,179
	Canyon Capital CLO Ltd.
500,000	Series 2021-1A-E (3 mo. Term SOFR + 6.67%, 6.41% Floor)	11.33	%(a)	04/15/2034	494,709
	Canyon CLO
500,000	Series 2021-3A-E (3 mo. Term SOFR + 6.46%, 6.20% Floor)	11.12	%(a)	07/15/2034	504,008
	Carlyle Global Market Strategies
500,000	Series 2018-4A-D1R (3 mo. Term SOFR + 3.10%, 3.10% Floor)	7.97	%(a)	10/17/2037	510,123
500,000	Series 2024-2A-D (3 mo. Term SOFR + 3.85%, 3.85% Floor)	8.48	%(a)	04/25/2037	512,196
	CarVal CLO
500,000	Series 2024-1A-B (3 mo. Term SOFR + 2.10%, 2.10% Floor)	6.72	%(a)	04/20/2037	507,745
1,000,000	Series 2024-1A-D (3 mo. Term SOFR + 3.90%, 3.90% Floor)	8.52	%(a)	04/20/2037	1,025,184
	Clover CLO
500,000	Series 2018-1A-A1RR (3 mo. Term SOFR + 1.53%, 1.53% Floor)	6.15	%(a)	04/20/2037	504,073
	Elmwood CLO Ltd.
500,000	Series 2024-4A-E (3 mo. Term SOFR + 6.00%, 6.00% Floor)	11.34	%(a)	04/17/2037	511,369
	Empower CLO Ltd.

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	500,000	Series 2024-1A-D1 (3 mo. Term SOFR + 3.75%, 3.75% Floor)		8.38	%(a)	04/25/2037		512,163
		Goldentree Loan Opportunities Ltd.
	1,000,000	Series 2022-14A-DR (3 mo. Term SOFR + 3.00%, 3.00% Floor)		7.62	%(a)	07/20/2037		1,020,100
	500,000	Series 2024-19A-D (3 mo. Term SOFR + 3.40%, 3.40% Floor)		8.02	%(a)	04/20/2037		507,024
		Harvest US CLO
	500,000	Series 2024-1A-D (3 mo. Term SOFR + 4.50%, 4.50% Floor)		9.13	%(a)	04/18/2037		515,432
		Katayma CLO Ltd.
	1,000,000	Series 2023-1A-D (3 mo. Term SOFR + 5.25%, 5.25% Floor)		9.87	%(a)	10/20/2036		1,029,324
	500,000	Series 2024-2A-A1 (3 mo. Term SOFR + 1.65%, 1.65% Floor)		6.27	%(a)	04/20/2037		502,264
	500,000	Series 2024-2A-D (3 mo. Term SOFR + 4.50%, 4.50% Floor)		9.12	%(a)	04/20/2037		512,842
		MidOcean Credit CLO
	500,000	Series 2018-9A-D (3 mo. Term SOFR + 3.56%, 3.30% Floor)		8.18	%(a)	07/20/2031		503,869
		Octagon Investment Partners Ltd.
	1,000,000	Series 2012-1A-CRR (3 mo. Term SOFR + 4.16%, 3.90% Floor)		8.82	%(a)	07/15/2029		1,007,260
	500,000	Series 2018-2A-C (3 mo. Term SOFR + 3.11%, 0.00% Floor)		7.74	%(a)	07/25/2030		503,977
	500,000	Series 2021-1A-E (3 mo. Term SOFR + 6.76%, 6.50% Floor)		11.42	%(a)	04/15/2034		476,156
		Point Au Roche Park CLO
	500,000	Series 2021-1A-E (3 mo. Term SOFR + 6.36%, 6.10% Floor)		10.98	%(a)	07/20/2034		504,188
		Rockford Tower CLO Ltd.
	1,000,000	Series 2024-1A-A1 (3 mo. Term SOFR + 1.61%, 1.61% Floor)		6.23	%(a)	04/20/2037		1,009,555
		RR Ltd./Cayman Islands
	1,000,000	Series 2017-2A-DR (3 mo. Term SOFR + 6.06%, 5.80% Floor)		10.72	%(a)	04/15/2036		1,009,046
		Sound Point CLO Ltd.
	500,000	Series 2019-3A-DR (3 mo. Term SOFR + 3.76%, 3.76% Floor)		8.39	%(a)	10/25/2034		500,295
	1,000,000	Series 2020-1A-ER (3 mo. Term SOFR + 7.12%, 7.12% Floor)		11.74	%(a)	07/20/2034		940,242
	500,000	Series 2021-3A-D (3 mo. Term SOFR + 3.51%, 3.25% Floor)		8.14	%(a)	10/25/2034		502,795
		Steele Creek CLO Ltd.
	940,000	Series 2014-1RA-D (3 mo. Term SOFR + 3.06%, 2.80% Floor)		7.68	%(a)	04/21/2031		946,956
		Trimaran CAVU LLC
	2,000,000	Series 2019-2A-C (3 mo. Term SOFR + 4.98%, 4.72% Floor)		9.61	%(a)	11/26/2032		2,016,148
		Wellfleet CLO Ltd.
	500,000	Series 2019-1A-CR (3 mo. Term SOFR + 3.81%, 3.55% Floor)		8.43	%(a)	07/20/2032		504,144
	500,000	Series 2021-3A-D (3 mo. Term SOFR + 3.76%, 3.50% Floor)		8.42	%(a)	01/15/2035		504,600
		Total Collateralized Loan Obligations (Cost $21,988,682)						22,318,713
	NON-AGENCY COMMERCIAL MORTGAGE BACKED OBLIGATIONS - 18.6%
		ACREC Trust
	300,000	Series 2023-FL2-B (1 mo. Term SOFR + 3.48%, 3.48% Floor)		7.88	%(a)	02/19/2038		302,337
		Arbor Realty Trust, Inc.
	260,095	Series 2022-FL1-A (30 day avg SOFR US + 1.45%, 1.45% Floor)		6.05	%(a)	01/15/2037		260,430
	316,173	Series 2022-FL2-A (1 mo. Term SOFR + 1.85%, 1.85% Floor)		6.25	%(a)	05/15/2037		316,832
		AREIT Trust
	400,000	Series 2021-CRE5-B (1 mo. Term SOFR + 1.93%, 1.82% Floor)		6.32	%(a)	11/17/2038		400,181
	246,491	Series 2023-CRE8-A (1 mo. Term SOFR + 2.11%, 2.11% Floor)		6.49	%(a)	08/17/2041		248,252
		Banc of America Re-Remic Trust
	200,000	Series 2015-200P-D		3.60	%(a)(b)	04/14/2033		197,274
		BANK
	350,000	Series 2019-BN19-A2		2.93	%	08/15/2061		316,177
	350,000	Series 2021-BN34-ASB		2.19	%	06/15/2063		314,991
		BANK5 Trust
	350,000	Series 2024-5YR9-C		6.42	%(b)	08/15/2057		351,625
		BBCMS Trust
	11,271,754	Series 2024-5C27-XA		0.82	%(a)(b)(c)	07/15/2057		359,359
		BDS Ltd.
	62,347	Series 2021-FL7-A (1 mo. Term SOFR + 1.18%, 1.07% Floor)		5.56	%(a)	06/16/2036		62,396
		Benchmark Mortgage Trust
	375,000	Series 2019-B13-A3		2.70	%	08/15/2057		338,690
	350,000	Series 2024-V9-A3		5.60	%	08/15/2057		356,084

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	BFLD Trust
125,000	Series 2024-VICT-A (1 mo. Term SOFR + 1.89%, 1.89% Floor)		6.29	%(a)	07/15/2041	125,538
	BLP Commercial Mortgage Trust
172,490	Series 2024-IND2-A (1 mo. Term SOFR + 1.34%, 1.34% Floor)		5.74	%(a)	03/15/2041	172,759
	BMO Mortgage Trust
250,000	Series 2024-5C6-A3		5.32	%	09/15/2057	250,971
	BrightSpire Capital, Inc.
156,832	Series 2021-FL1-A (1 mo. Term SOFR + 1.26%, 1.15% Floor)		5.63	%(a)	08/19/2038	156,350
	BSPRT Co.-Issuer LLC
250,000	Series 2023-FL10-B (1 mo. Term SOFR + 3.27%, 3.27% Floor)		7.66	%(a)	09/15/2035	252,423
	BX Trust
269,966	Series 2021-21M-A (1 mo. Term SOFR + 0.84%, 0.73% Floor)		5.24	%(a)	10/15/2036	268,580
300,000	Series 2021-ARIA-C (1 mo. Term SOFR + 1.76%, 1.65% Floor)		6.16	%(a)	10/15/2036	299,397
380,003	Series 2021-CIP-A (1 mo. Term SOFR + 1.04%, 0.92% Floor)		5.43	%(a)	12/15/2038	380,184
41,748	Series 2021-VINO-A (1 mo. Term SOFR + 0.77%, 0.77% Floor)		5.16	%(a)	05/15/2038	41,729
240,000	Series 2021-VOLT-B (1 mo. Term SOFR + 1.06%, 0.95% Floor)		5.46	%(a)	09/15/2036	239,225
88,043	Series 2021-XL2-A (1 mo. Term SOFR + 0.80%, 0.69% Floor)		5.20	%(a)	10/15/2038	87,983
179,344	Series 2022-LP2-A (1 mo. Term SOFR + 1.01%, 1.01% Floor)		5.41	%(a)	02/15/2039	179,489
190,000	Series 2024-AIRC-A (1 mo. Term SOFR + 1.69%, 1.69% Floor)		6.09	%(a)	08/15/2039	191,602
442,727	Series 2024-MF-A (1 mo. Term SOFR + 1.44%, 1.44% Floor)		5.84	%(a)	02/15/2039	444,393
	CEDR Commercial Mortgage Trust
350,000	Series 2022-SNAI-A (1 mo. Term SOFR + 0.99%, 0.99% Floor)		5.39	%(a)	02/15/2039	335,165
	CENT Trust
250,000	Series 2023-CITY-A (1 mo. Term SOFR + 2.62%, 2.62% Floor)		7.02	%(a)	09/15/2038	251,437
	Commercial Mortgage Pass Through Certificates
350,000	Series 2014-CR14-C		3.71	%(b)	02/10/2047	326,294
	Computershare Corporate Trust
180,000	Series 2015-C28-A4		3.54	%	05/15/2048	178,986
539,000	Series 2015-LC22-A4		3.84	%	09/15/2058	534,327
489,610	Series 2019-C50-A4		3.47	%	05/15/2052	465,009
200,000	Series 2019-JWDR-C		3.04	%(a)(b)	09/15/2031	192,121
2,050,000	Series 2024-C63-XD		2.30	%(a)(b)(c)	08/15/2057	337,899
	Credit Suisse Mortgage Capital Certificates
510,000	Series 2017-PFHP-A (1 mo. Term SOFR + 1.00%, 0.95% Floor)		5.40	%(a)	12/15/2030	502,253
139,000	Series 2021-B33-A2		3.17	%(a)	10/10/2043	118,080
	CSAIL Commercial Mortgage Trust
367,924	Series 2017-CX9-A4		3.18	%	09/15/2050	355,086
	Extended Stay America Trust
440,395	Series 2021-ESH-A (1 mo. Term SOFR + 1.19%, 1.08% Floor)		5.59	%(a)	07/15/2038	440,974
	FS Rialto
288,221	Series 2021-FL2-A (1 mo. Term SOFR + 1.33%, 1.33% Floor)		5.73	%(a)	05/16/2038	288,180
322,850	Series 2021-FL3-A (1 mo. Term SOFR + 1.36%, 1.36% Floor)		5.76	%(a)	11/16/2036	323,040
	Granite Point Mortgage Trust, Inc.
300,000	Series 2021-FL4-B (1 mo. Term SOFR + 2.06%, 1.95% Floor)		6.42	%(a)	12/15/2036	288,937
	Great Wolf Trust
200,000	Series 2024-WLF2-A (1 mo. Term SOFR + 1.69%)		6.09	%(a)	05/15/2041	201,057
	Greystone Commercial Real Estate Notes
196,875	Series 2021-FL3-A (1 mo. Term SOFR + 1.13%, 1.02% Floor)		5.53	%(a)	07/15/2039	196,908
	GS Mortgage Securities Corp. II
125,000	Series 2021-IP-C (1 mo. Term SOFR + 1.66%, 1.55% Floor)		6.06	%(a)	10/15/2036	123,587
125,000	Series 2021-STAR-D (1 mo. Term SOFR + 2.01%, 1.90% Floor)		6.42	%(a)	12/15/2036	122,077
	JP Morgan Chase Commercial Mortgage Securities
1,000,000	Series 2019-UES-G		4.45	%(a)(b)	05/05/2032	877,435
	JPMBB Commercial Mortgage Securities Trust
260,925	Series 2014-C21-C		4.56	%(b)	08/15/2047	257,403
300,000	Series 2014-C23-UH5		4.71	%(a)	09/15/2047	287,448

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
186,943	Series 2015-C27-A4		3.18	%	02/15/2048	186,299
286,681	Series 2015-C31-A3		3.80	%	08/15/2048	284,106
250,000	Series 2015-C33-AS		4.02	%	12/15/2048	246,025
	LoanCore
300,000	Series 2021-CRE5-AS (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.26	%(a)	07/15/2036	300,119
138,132	Series 2021-CRE6-A (1 mo. Term SOFR + 1.41%, 1.30% Floor)		5.81	%(a)	11/15/2038	138,168
	Lument Finance Trust, Inc.
218,639	Series 2021-FL1-A (1 mo. Term SOFR + 1.28%, 1.28% Floor)		5.68	%(a)	06/15/2039	219,113
300,000	Series 2021-FL1-B (1 mo. Term SOFR + 1.86%, 1.86% Floor)		6.26	%(a)	06/15/2039	296,719
	MF1 Multifamily Housing Mortgage Loan Trust
214,036	Series 2021-FL6-A (1 mo. Term SOFR + 1.21%, 1.10% Floor)		5.59	%(a)	07/16/2036	213,562
250,000	Series 2021-FL7-B (1 mo. Term SOFR + 1.86%, 1.75% Floor)		6.24	%(a)	10/16/2036	246,039
297,396	Series 2022-FL9-A (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.52	%(a)	06/19/2037	297,943
300,000	Series 2024-FL14-A (1 mo. Term SOFR + 1.74%, 1.74% Floor)		6.10	%(a)	03/19/2039	301,417
250,000	Series 2024-FL15-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.87	%(a)	08/18/2041	251,189
	MHC Commercial Mortgage Trust
109,696	Series 2021-MHC-A (1 mo. Term SOFR + 0.92%, 0.80% Floor)		5.31	%(a)	04/15/2038	109,660
	Morgan Stanley Capital I, Inc.
300,000	Series 2016-UB11-AS		2.98	%	08/15/2049	285,278
	PFP III Ltd.
298,659	Series 2024-11-B (1 mo. Term SOFR + 2.49%, 2.49% Floor)		6.97	%(a)	09/17/2039	299,211
	Ready Capital Corp.
274,360	Series 2021-FL7-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.65	%(a)	11/25/2036	275,489
73,039	Series 2022-FL9-A (1 mo. Term SOFR + 2.47%, 2.47% Floor)		6.81	%(a)	06/25/2037	73,534
57,263	Series 2023-FL12-A (1 mo. Term SOFR + 2.34%, 2.34% Floor)		6.67	%(a)	05/25/2038	57,520
	ROCK Trust
100,000	Series 2024-CNTR-D		7.11	%(a)	11/13/2041	101,742
	SREIT Trust
500,000	Series 2021-MFP2-A (1 mo. Term SOFR + 0.94%, 0.82% Floor)		5.33	%(a)	11/15/2036	498,987
	Starwood Property Mortgage Trust
162,501	Series 2021-FL2-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.69	%(a)	04/18/2038	161,943
256,345	Series 2022-FL3-A (30 day avg SOFR US + 1.35%, 1.35% Floor)		5.95	%(a)	11/15/2038	255,981
400,000	Series 2022-FL3-B (30 day avg SOFR US + 1.95%, 1.95% Floor)		6.55	%(a)	11/15/2038	391,113
	TPG Real Estate Finance Issuer Ltd.
137,653	Series 2021-FL4-A (1 mo. Term SOFR + 1.31%, 1.20% Floor)		5.70	%(a)	03/15/2038	137,619
300,000	Series 2021-FL4-B (1 mo. Term SOFR + 1.96%, 1.85% Floor)		6.35	%(a)	03/15/2038	298,208
250,000	Series 2022-FL5-AS (1 mo. Term SOFR + 2.15%, 2.15% Floor)		6.53	%(a)	02/15/2039	248,832
	UBS-Barclays Commercial Mortgage Trust
281,000	Series 2013-C5-D		3.72	%(a)(b)	03/10/2046	210,291
	VEGAS Trust
175,000	Series 2024-TI-A		5.52	%(a)	11/10/2039	175,574
	VMC Finance LLC
250,000	Series 2021-FL4-B (1 mo. Term SOFR + 1.91%, 1.91% Floor)		6.29	%(a)	06/16/2036	243,982
	Total Non-Agency Commercial Mortgage Backed Obligations (Cost $20,782,660)					20,724,617
NON-AGENCY RESIDENTIAL COLLATERALIZED MORTGAGE OBLIGATIONS - 26.2%
	Connecticut Avenue Securities Trust
1,500,000	Series 2024-R05-2M2 (30 day avg SOFR US + 1.70%, 1.90% Floor)		6.27	%(a)	07/25/2044	1,509,648
	Credit Suisse Mortgage Capital Certificates
1,372,000	Series 2021-NQM4-B2		4.18	%(a)(b)	05/25/2066	993,838
	Cross Mortgage Trust
962,862	Series 2024-H1-A1		6.09	%(a)(d)	12/25/2068	966,067
	Fannie Mae Connecticut Avenue Securities

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
1,300,000	Series 2022-R01-1M2 (30 day avg SOFR US + 1.90%, 0.00% Floor)		6.47	%(a)	12/25/2041	1,319,439
1,250,000	Series 2023-R01-1M2 (30 day avg SOFR US + 3.75%, 0.00% Floor)		8.31	%(a)	12/25/2042	1,335,532
1,300,000	Series 2024-R01-1M2 (30 day avg SOFR US + 1.80%, 1.80% Floor)		6.37	%(a)	01/25/2044	1,314,388
1,000,000	Series 2024-R02-1B1 (30 day avg SOFR US + 2.50%, 2.50% Floor)		7.07	%(a)	02/25/2044	1,019,223
1,200,000	Series 2024-R03-2M2 (30 day avg SOFR US + 1.95%, 0.00% Floor)		6.51	%(a)	03/25/2044	1,214,739
1,250,000	Series 2024-R04-1B1 (30 day avg SOFR US + 2.20%, 0.00% Floor)		6.77	%(a)	05/25/2044	1,259,736
	Freddie Mac Structured Agency Credit Risk Debt Notes
1,200,000	Series 2024-DNA1-M2 (30 day avg SOFR US + 1.95%, 0.00% Floor)		6.52	%(a)	02/25/2044	1,217,331
1,000,000	Series 2024-HQA1-M2 (30 day avg SOFR US + 2.00%, 0.00% Floor)		6.57	%(a)	03/25/2044	1,016,415
	Onslow Bay Mortgage Loan Trust
872,703	Series 2024-NQM10-A1		6.18	%(a)(d)	05/25/2064	880,392
1,028,495	Series 2024-NQM2-A1		5.88	%(a)(d)	12/25/2063	1,032,873
	Pretium Mortgage Credit Partners LLC
1,018,397	Series 2024-NPL2-A1		7.02	%(a)(d)	02/25/2054	1,023,408
1,408,873	Series 2024-NPL3-A1		7.52	%(a)(d)	04/27/2054	1,424,676
1,219,014	Series 2024-NPL4-A1		7.00	%(a)(d)	07/25/2054	1,225,206
	Progress Residential Trust
1,200,000	Series 2024-SFR2-D		3.40	%(a)(b)	04/17/2041	1,083,048
	PRPM LLC
1,429,456	Series 2024-4-A1		6.41	%(a)(d)	08/25/2029	1,433,914
	SGR Residential Mortgage Trust
1,250,000	Series 2021-1-B2		4.30	%(a)(b)	07/25/2061	896,258
	Velocity Commercial Capital Loan Trust
158,158	Series 2019-1-M4		4.61	%(a)(b)	03/25/2049	133,919
87,243	Series 2019-1-M5		5.70	%(a)(b)	03/25/2049	75,403
142,644	Series 2019-1-M6		6.79	%(a)(b)	03/25/2049	112,012
	Vericrest Opportunity Loan Transferee
1,149,655	Series 2021-NPL5-A2		4.83	%(a)(d)	03/27/2051	1,141,718
	Verus Securitization Trust
1,400,000	Series 2020-5-B2		4.71	%(a)(b)	05/25/2065	1,329,328
1,500,000	Series 2021-3-B2		3.96	%(a)(b)	06/25/2066	1,075,772
872,229	Series 2023-1-A1		5.85	%(a)(d)	12/25/2067	873,645
1,000,000	Series 2024-1-M1		6.67	%(a)(b)	01/25/2069	1,006,588
1,250,000	Series 2024-6-M1		6.18	%(a)(b)	07/25/2069	1,250,492
	Total Non-Agency Residential Collateralized Mortgage Obligations (Cost $30,138,079)					29,165,008
US GOVERNMENT AND AGENCY MORTGAGE BACKED OBLIGATIONS - 15.6%
	Federal Home Loan Mortgage Corp.
2,089,142	Pool SD6570		5.50	%	10/01/2054	2,080,859
3,029,004	Series 413-F24 (30 day avg SOFR US + 1.10%, 1.10% Floor, 7.00% Cap)		5.67	%	05/25/2054	3,033,496
1,514,502	Series 413-F25 (30 day avg SOFR US + 1.15%, 1.15% Floor, 7.00% Cap)		5.72	%	05/25/2054	1,519,441
1,133,585	Series 5004-LS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.47	%(c)(e)	07/25/2050	134,301
3,842,113	Series 5112-SC (-1 x 30 day avg SOFR US + 2.50%, 0.00% Floor, 2.50% Cap)		0.00	%(c)(e)	06/25/2051	9,361
3,612,565	Series 5166-DI		3.00	%(c)	09/15/2048	444,738
	Federal National Mortgage Association
3,748,073	Series 2019-57-LF (30 day avg SOFR US + 0.61%, 0.50% Floor, 6.50% Cap)		5.18	%	10/25/2049	3,669,227
1,016,435	Series 2020-54-AS (-1 x 30 day avg SOFR US + 6.04%, 0.00% Floor, 6.15% Cap)		1.47	%(c)(e)	08/25/2050	112,694
1,196,536	Series 2020-77-S (-1 x 30 day avg SOFR US + 4.15%, 0.00% Floor, 4.15% Cap)		0.00	%(c)(e)	11/25/2050	36,962

PRINCIPAL AMOUNT $/SHARES	SECURITY DESCRIPTION	RATE			MATURITY		VALUE $
2,118,999	Series 2020-77-SB (-1 x 30 day avg SOFR US + 4.10%, 0.00% Floor, 4.10% Cap)		0.00	%(c)(e)	11/25/2050		68,098
956,664	Series 2020-M10-X2		1.72	%(b)(c)	12/25/2030		58,488
1,904,507	Series 2020-M17-X1		1.36	%(b)(c)	01/25/2028		44,599
5,625,232	Series 437-C2		1.50	%(c)	03/25/2052		493,627
	Government National Mortgage Association
1,224,408	Series 2015-124-AF (1 mo. Term SOFR + 0.36%, 0.25% Floor, 6.50% Cap)		4.73	%	09/20/2045		1,193,768
2,105,149	Series 2020-138-IL		3.50	%(c)	09/20/2050		357,644
1,557,934	Series 2020-142-SD (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(c)(e)	09/20/2050		188,562
2,855,416	Series 2020-151-TI		2.50	%(c)	10/20/2050		415,365
916,201	Series 2020-189-SP (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(c)(e)	12/20/2050		111,273
2,109,094	Series 2020-196-DI		2.50	%(c)	12/20/2050		295,238
3,477,905	Series 2021-125-AS (-1 x 30 day avg SOFR US + 3.25%, 0.00% Floor, 3.25% Cap)		0.00	%(c)(e)	07/20/2051		31,757
2,543,038	Series 2021-15-PI		3.00	%(c)	01/20/2051		394,879
2,168,845	Series 2021-189-IO		0.88	%(b)(c)	06/16/2061		144,841
1,692,854	Series 2021-197-IB		3.50	%(c)	11/20/2051		317,947
2,393,909	Series 2021-2-IO		0.88	%(b)(c)	06/16/2063		155,944
2,692,633	Series 2021-46-ES (-1 x 1 mo. Term SOFR + 2.69%, 0.00% Floor, 2.80% Cap)		0.00	%(c)(e)	03/20/2051		12,800
4,042,745	Series 2021-59-S (-1 x 30 day avg SOFR US + 2.60%, 0.00% Floor, 2.60% Cap)		0.00	%(c)(e)	04/20/2051		10,562
3,314,158	Series 2021-80-IO		0.90	%(b)(c)	12/16/2062		226,891
1,484,411	Series 2021-98-SB (-1 x 1 mo. Term SOFR + 6.19%, 0.00% Floor, 6.30% Cap)		1.82	%(c)(e)	06/20/2051		164,345
3,176,104	Series 2022-204-IO		3.50	%(c)	04/20/2052		524,407
3,382,525	Series 2023-19-GI		3.00	%(c)	11/20/2051		490,108
2,339,162	Series 2023-79-JI		2.50	%(c)	02/20/2051		289,857
1,882,594	Series 2024-13-IA		3.00	%(c)	05/20/2051		317,070
	Total US Government and Agency Mortgage Backed Obligations (Cost $18,460,043)						17,349,149
SHORT TERM INVESTMENTS - 11.4%
4,238,461	First American Government Obligations Fund - U		4.41	%(f)			4,238,461
4,238,462	JPMorgan US Government Money Market Fund - IM		4.44	%(f)			4,238,462
4,238,462	MSILF Government Portfolio - Institutional		4.42	%(f)			4,238,462
	Total Short Term Investments (Cost $12,715,385)						12,715,385
	Total Investments - 99.4% (Cost $112,349,179)						110,625,018
	Other Assets in Excess of Liabilities - 0.6%						693,646
	NET ASSETS - 100.0%					$	111,318,664

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Non-Agency Residential Collateralized Mortgage Obligations	26.2	%
Collateralized Loan Obligations	20.1	%
Non-Agency Commercial Mortgage Backed Obligations	18.6	%
US Government and Agency Mortgage Backed Obligations	15.6	%
Short Term Investments	11.4	%
Asset Backed Obligations	7.5	%
Other Assets and Liabilities	0.6	%
Net Assets	100.0	%

(a)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. As of December 31, 2024, the value of these securities total $75,513,133 or 67.8% of the Fund’s net assets.
(b)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of period end.
(c)	Interest only security
(d)	Step Bond; Coupon rate changes based on a predetermined schedule or event. The interest rate shown is the rate in effect as of period end.
(e)	Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope. Interest rate may also be subject to a cap or floor.
(f)	Seven-day yield as of period end.

SOFR Secured Overnight Financing Rate

DoubleLine Multi-Asset Trend Fund	(Unaudited)
Schedule of Investments (Consolidated)	December 31, 2024

PRINCIPAL AMOUNT $/SHARES		SECURITY DESCRIPTION	RATE			MATURITY	VALUE $
	US GOVERNMENT AND AGENCY OBLIGATIONS - 5.0%
	230,000	United States Treasury Note/Bond		0.75	%(a)	01/31/2028		206,699
	350,000	United States Treasury Note/Bond		0.88	%(a)	11/15/2030		286,447
		Total US Government and Agency Obligations (Cost $495,338)						493,146
	AFFILIATED MUTUAL FUNDS - 78.6%
	151,278	DoubleLine Income Fund - Class I						1,199,636
	689,286	DoubleLine Low Duration Bond Fund - Class R6						6,603,356
		Total Affiliated Mutual Funds (Cost $8,014,901)						7,802,992
	SHORT TERM INVESTMENTS - 21.1%
	536,297	First American Government Obligations Fund - U		4.41	%(b)(c)			536,297
	536,297	JPMorgan US Government Money Market Fund - IM		4.44	%(b)(c)			536,297
	536,298	MSILF Government Portfolio - Institutional		4.42	%(b)(c)			536,298
	500,000	United States Treasury Bill		0.00	%(a)(b)	10/30/2025		483,350
		Total Short Term Investments (Cost $2,091,722)						2,092,242
		Total Investments - 104.7% (Cost $10,601,961)						10,388,380
		Other Liabilities in Excess of Assets - (4.7)%						(465,578	)
		NET ASSETS - 100.0%					$	9,922,802

SECURITY TYPE BREAKDOWN as a % of Net Assets:
Affiliated Mutual Funds	78.6	%
Short Term Investments	21.1	%
US Government and Agency Obligations	5.0	%
Other Assets and Liabilities	(4.7)	%
Net Assets	100.0	%

(a)	All or a portion of security has been pledged as collateral.
(b)	All or a portion of this security is owned by DoubleLine Multi-Asset Trend Ltd., which is a wholly owned subsidiary of the DoubleLine Multi-Asset Trend Fund.
(c)	Seven-day yield as of period end.

SWAP AGREEMENTS
EXCESS RETURN SWAPS
Reference Entity	Counterparty	Long/ Short	Financing Rate			Payment Frequency	Termination Date	Notional Amount		Value			Upfront Premiums Paid/ (Received)		Unrealized Appreciation (Depreciation)
BNP Paribas Multi-Asset Trend Index ER USD ex-Commodity Sub-Basket(1)(2)(3)	BNP Paribas Securities Corp.	Long		0.00	%	Termination	05/15/2025	$	8,178,181	$	(291,661	)	$	—	$	(291,661	)
BNP Paribas Multi-Asset Trend Index ER USD Commodity Sub-Basket(2)(3)(4)(5)	BNP Paribas Securities Corp.	Long		0.00	%	Termination	05/15/2025		2,717,258		(540,485	)		—		(540,485	)
										$	(832,146	)	$	—	$	(832,146	)

(1)	The BNP Paribas Multi-Asset Trend Index aims to generate excess return by using a trend following strategy and to offer diversification in a multi-asset class universe. Ex-Commodity Sub-Basket Swap represents a swap on a basket of indices without commodities. Information on the sector constituents as of December 31, 2024, is available on the BNP Paribas website https://marketing-indx.bnpparibas.com/multi-asset-trend/.
(2)	Entry fee incurs when the Fund puts on new swap exposure. It is a trading cost and incorporated in the cost of the swap. The entry fee is 0.05%.
(3)	Exit fee incurs when the Fund terminates the swap exposure. It is incorporated into daily valuation of the swap. The exit fee is 0.05%.
(4)	The BNP Paribas Multi-Asset Trend Index aims to generate excess return by using a trend following strategy and to offer diversification in a multi-asset class universe.  Commodity Sub-Basket Swap represents a swap on a basket of commodity indices.  Information on the sector constituents as of December 31, 2024, is available on the BNP Paribas website https://marketing-indx.bnpparibas.com/multi-asset-trend/.
(5)	All or a portion of this security is owned by DoubleLine Multi-Asset Trend Ltd., which is a wholly-owned subsidiary of the DoubleLine Multi-Asset Trend Fund.

A summary of the DoubleLine Multi-Asset Trend Fund’s investments in affiliated mutual funds for the period ended December 31, 2024 is as follows:

Fund	Value at March 31, 2024		Gross Purchases		Gross Sales			Net Realized Gain (Loss) for the Period Ended December 31, 2024			Change in Unrealized for the Period Ended December 31, 2024		Value at December 31, 2024		Shares Held at December 31, 2024		Dividend Income Earned for the Period Ended December 31, 2024
DoubleLine Low Duration Bond Fund (Class R6)	$	6,603,356	$	—	$	—		$	—		$	—	$	6,603,356		689,286	$	258,989
DoubleLine Floating Rate Fund (Class I)		1,944,818		—		(1,949,121	)		(104,879	)		109,182		—		—		104,152
Doubleline Income Fund (Class I)		1,376,443		—		(200,000	)		(34,508	)		57,701		1,199,636		151,278		69,784
	$	9,924,617	$	—	$	(2,149,121	)	$	(139,387	)	$	166,883	$	7,802,992		840,564	$	432,925

Notes to Schedule of Investments

December 31, 2024 (Unaudited)

1. Significant Accounting Policies

Each Fund is an investment company that applies the accounting and reporting guidance issued in Topic 946, “Financial Services—Investment Companies,” by the Financial Accounting Standards Board (“FASB”). The following is a summary of the significant accounting policies of the Funds. These policies are in conformity with accounting principles generally accepted in the United States of America (“US GAAP”).

A. Security Valuation. The Funds have adopted US GAAP fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. These inputs are summarized in the three broad levels listed below:

• Level 1—Unadjusted quoted market prices in active markets for identical securities

• Level 2—Quoted prices for identical or similar assets in markets that are not active, or inputs derived from observable market data

• Level 3—Significant unobservable inputs (including the reporting entity’s estimates and assumptions)

Valuations for domestic and foreign fixed income securities are normally determined on the basis of evaluations provided by independent pricing services. Vendors typically value such securities based on one or more inputs described in the following table which is not intended to be a complete list. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed income securities in which the Funds are authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income securities. Securities that use similar valuation techniques and inputs as described in the following table are categorized as Level 2 of the fair value hierarchy. To the extent the significant inputs are unobservable, the values generally would be categorized as Level 3. Assets and liabilities may be transferred between levels.

Fixed-income class	Examples of Inputs
All	Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among data (collectively referred to as “standard inputs”) comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference
Corporate bonds and notes; convertible securities	Standard inputs and underlying equity of the issuer
US bonds and notes of government and government agencies	Standard inputs
Residential and commercial mortgage-backed obligations; asset-backed obligations (including collateralized loan obligations)	Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information, trustee reports
Bank loans	Standard inputs

Investments in registered open-end management investment companies will be valued based upon the net asset value (“NAV”) of such investments and are categorized as Level 1 of the fair value hierarchy.

Common stocks, exchange-traded funds and financial derivative instruments, such as futures contracts or options contracts, that are traded on a national securities or commodities exchange, are typically valued at the last reported sales price, in the case of common stocks and exchange-traded funds, or, in the case of futures contracts or options contracts, the settlement price determined by the relevant exchange. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy.

Over-the-counter financial derivative instruments, such as forward currency exchange contracts, options contracts, or swap agreements, derive their values from underlying asset prices, indices, reference rates, other inputs or a combination of these factors. These instruments are normally valued on the basis of valuations obtained from counterparties, published index closing levels or evaluated prices supplied by independent pricing services, some or all of which may be based on market data from trading on exchanges that closed significantly before the time as of which a Fund calculates its NAV. Forward foreign currency contracts are generally valued based on rates provided by independent data providers. Exchange traded futures and options on futures are generally valued at the settlement price determined by the relevant exchange on which they principally trade, and exchange traded options are generally valued at the last trade price on the exchange on which they principally trade. A Fund does not normally take into account trading, clearances or settlements that take place after the close of the principal exchange or market on which such securities are traded. Depending on the instrument and the terms of the transaction, the value of the derivative instruments can be estimated by a pricing service provider using a series of techniques, such as simulation pricing models. The pricing models use issuer details and other inputs that are observed from actively quoted markets such as indices, spreads, interest rates, curves, dividends and exchange rates. Derivatives that use similar valuation techniques and inputs as described above are normally categorized as Level 2 of the fair value hierarchy.

The Board of Trustees (the “Board”) has adopted a pricing and valuation policy for use by each Fund and its Valuation Designee (as defined below) in calculating each Fund’s NAV. Pursuant to Rule 2a-5 under the 1940 Act, each Fund has designated its primary investment, either DoubleLine Capital LP (“DoubleLine Capital”) or DoubleLine Alternatives LP (“DoubleLine Alternatives”) (each, an “Adviser” and collectively, the “Advisers”), as applicable, as the “Valuation Designee” to perform all of the fair value determinations as well as to perform all of the responsibilities that may be performed by the Valuation Designee in accordance with Rule 2a-5. Each Adviser, as Valuation Designee, is authorized to make all necessary determinations of the fair values of portfolio securities and other assets for which market quotations are not readily available or if it is deemed that the prices obtained from brokers and dealers or independent pricing services are unreliable.

Category	DoubleLine Total Return Bond Fund			DoubleLine Core Fixed Income Fund			DoubleLine Emerging Markets Fixed Income Fund			DoubleLine Low Duration Bond Fund			DoubleLine Floating Rate Fund			DoubleLine Shiller Enhanced CAPE®
Investments in Securities
Level 1
Short Term Investments	$	353,933,260			$	397,814,142		$	11,113,713		$	152,706,048		$	6,562,676	$	205,948,241
Affiliated Mutual Funds		–				443,315,030			–			–			–		–
Warrants		–				21,388			–			–			–		–
Total Level 1		353,933,260				841,150,560			11,113,713			152,706,048			6,562,676		205,948,241
Level 2
US Government and Agency Mortgage Backed Obligations		15,496,249,008				1,366,556,564			–			177,946,274			–		94,803,591
Non-Agency Residential Collateralized Mortgage Obligations		7,287,586,244				770,906,887			–			768,341,282			–		419,042,994
US Government and Agency Obligations		956,639,293				1,185,347,764			–			1,463,344,627			–		1,061,448,267
Non-Agency Commercial Mortgage Backed Obligations		2,327,161,627				350,760,308			–			873,668,065			–		437,927,602
Collateralized Loan Obligations		1,495,034,118				243,007,005			–			800,805,136			5,041,245		518,004,777
Asset Backed Obligations		1,641,304,449				238,112,775			–			418,183,879			–		267,353,033
US Corporate Bonds		–				1,040,201,896			–			630,093,789			6,766,575		381,343,438
Foreign Corporate Bonds		–				382,140,699			324,461,382			434,004,911			356,233		154,833,861
Bank Loans		–				222,847,890			–			47,057,879			152,190,517		98,397,357
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations		–				55,688,797			88,350,578			78,269,975			–		13,777,157
Total Level 2		29,203,974,739				5,855,570,585			412,811,960			5,691,715,817			164,354,570		3,446,932,077
Level 3
Asset Backed Obligations		26,068,681				6,076,419			–			13,251,163			–		–
Foreign Corporate Bonds		–				430,144			313,109			353,240			–		164,795
Bank Loans		–				382,831			–			–			306,239		1,833
Common Stocks		–				173,695			–			–			102,078		42,352
Total Level 3		26,068,681				7,063,089			313,109			13,604,403			408,317		208,980
Total	$	29,583,976,680			$	6,703,784,234		$	424,238,782		$	5,858,026,268		$	171,325,563	$	3,653,089,298
Other Financial Instruments
Level 1
Futures	$	(41,469,189	)		$	2,776,546		$	–		$	–		$	–	$	–
Total Level 1		(41,469,189	)			2,776,546			–			–			–		–
Level 2
Excess Return Swaps		–				–			–			–			–		154,539,386
Unfunded Commitments		–				3,370			–			–			2,813		–
Total Level 2		–				3,370			–			–			2,813		154,539,386
Level 3		–				–			–			–			–		–
Total	$	(41,469,189	)		$	2,779,916		$	–		$	–		$	2,813	$	154,539,386

See the Schedule of Investments for further disaggregation of investment categories.

Category

DoubleLine Flexible Income Fund

DoubleLine Low Duration Emerging Markets Fixed Income Fund

DoubleLine Long Duration Total Return Bond Fund

DoubleLine Strategic Commodity Fund (Consolidated)

DoubleLine Global Bond Fund

DoubleLine Infrastructure Income Fund

Investments in Securities

Level 1

Short Term Investments

$

103,316,356

$

534,917

$

2,956,541

$

3,263,649

$

7,575,440

$

3,540,672

Warrants

2,410

–

–

–

–

–

Total Level 1

103,318,766

534,917

2,956,541

3,263,649

7,575,440

3,540,672

Level 2

Asset Backed Obligations

64,482,705

–

–

–

–

147,153,213

US Government and Agency Obligations

99,882,145

–

–

–

58,297,698

34,175,884

US Corporate Bonds

43,956,340

–

–

–

–

147,794,653

Collateralized Loan Obligations

191,107,035

–

–

–

–

–

Foreign Corporate Bonds

52,060,278

107,462,803

–

–

–

31,554,153

Non-Agency Residential Collateralized Mortgage Obligations

180,404,083

–

–

–

–

–

US Government and Agency Mortgage Backed Obligations

114,552,461

–

46,538,755

–

–

–

Non-Agency Commercial Mortgage Backed Obligations

129,360,263

–

–

–

–

–

Bank Loans

128,611,678

–

–

–

–

–

Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations

12,610,672

27,887,409

–

–

74,548,397

2,828,469

Short Term Investments

–

–

9,911,097

103,637,863

–

–

Total Level 2

1,017,027,660

135,350,212

56,449,852

103,637,863

132,846,095

363,506,372

Level 3

US Corporate Bonds

–

–

–

–

–

5,041,500

Foreign Corporate Bonds

42,801

79,468

–

–

–

2,522,194

Bank Loans

83,825

–

–

–

–

–

Asset Backed Obligations

50,643

–

–

–

–

–

Common Stocks

42,812

–

–

–

–

–

Total Level 3

220,081

79,468

–

–

–

7,563,694

Total

$

1,120,566,507

$

135,964,597

$

59,406,393

$

106,901,512

$

140,421,535

$

374,610,738

Other Financial Instruments

Level 1

Futures

$

–

$

–

$

(925,371

)

$

–

$

–

$

–

Total Level 1

–

–

(925,371

)

–

–

–

Level 2

Excess Return Swaps

–

–

–

989,366

–

–

Forward Currency Exchange Contracts

–

–

–

–

(160,984

)

–

Unfunded Commitments

1,644

–

–

–

–

–

Total Level 2

1,644

–

–

989,366

(160,984

)

–

Level 3

–

–

–

–

–

–

Total

$

1,644

$

–

$

(925,371

)

$

989,366

$

(160,984

)

$

–

See the Schedule of Investments for further disaggregation of investment categories.

Category	DoubleLine Shiller Enhanced International CAPE®			DoubleLine Emerging Markets Local Currency Bond Fund		DoubleLine Income Fund		DoubleLine Multi-Asset Trend Fund (Consolidated)
Investments in Securities
Level 1
Short Term Investments	$	1,216,661		$	465,218	$	12,715,385	$	1,608,892
Affiliated Mutual Funds		649,933			–		–		7,802,992
Total Level 1		1,866,594			465,218		12,715,385		9,411,884
Level 2
Non-Agency Residential Collateralized Mortgage Obligations		5,276,069			–		29,165,008		–
Collateralized Loan Obligations		4,775,160			–		22,318,713		–
Non-Agency Commercial Mortgage Backed Obligations		4,188,293			–		20,724,617		–
US Government and Agency Mortgage Backed Obligations		1,322,345			–		17,349,149		–
Asset Backed Obligations		2,420,113			–		8,352,146		–
Foreign Government Bonds, Foreign Agencies and Foreign Government Sponsored Corporations		–			8,226,549		–		–
US Government and Agency Obligations		6,965,091			–		–		493,146
US Corporate Bonds		3,901,708			–		–		–
Foreign Corporate Bonds		348,505			2,584,530		–		–
Short Term Investments		–			–		–		483,350
Total Level 2		29,197,284			10,811,079		97,909,633		976,496
Level 3		–			–		–		–
Total	$	31,063,878		$	11,276,297	$	110,625,018	$	10,388,380
Other Financial Instruments
Level 2
Forward Currency Exchange Contracts	$	(1,706,492	)	$	–	$	–	$	–
Excess Return Swaps		(317,322	)		–		–		(832,146	)
Total Level 2		(2,023,814	)		–		–		(832,146	)
Level 3		–			–		–		–
Total	$	(2,023,814	)	$	–	$	–	$	(832,146	)

See the Schedule of Investments for further disaggregation of investment categories.

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:

DoubleLine Infrastructure Income Fund	Fair Value as of March 31, 2024		Net Realized Gain (Loss)			Net Change in Unrealized Appreciation (Depreciation)(c)		Net Accretion (Amortization)			Purchases(a)		Sales(b)			Transfers Into Level 3(d)		Transfers Out of Level 3(d)		Fair Value as of December 31, 2024		Net Change in Unrealized Appreciation (Depreciation) on securities held at December 31, 2024(c)
Investments in Securities
Corporate Bonds	$	—	$	—		$	41,500	$	—		$	5,000,000	$	—		$	—	$	—	$	5,041,500	$	—
Foreign Corporate Bonds		1,969,965		(466	)		45,689		(563	)		—		(90,714	)		598,283		—		2,522,194		43,617
Total	$	1,969,965	$	(466	)	$	87,189	$	(563	)	$	5,000,000	$	(90,714	)	$	598,283	$	—	$	7,563,694	$	43,617

^(a)   Purchases include all purchases of securities, payups and corporate actions.

^(b)  Sales include all sales of securities, maturities, and paydowns.

^(c)  Any difference between Net Change in Unrealized Appreciation (Depreciation) and Net Change in Unrealized Appreciation (Depreciation) on securities held at December 31, 2024 may be due to a security that was not held or categorized as Level 3 at either period end.

^(d)  Transfers into or out of Level 3 can be attributed to changes in the availability of pricing sources and/or in the observability of significant inputs used to measure the fair value of those instruments.

The following is a summary of quantitative information about Level 3 Fair Value Measurements:

DoubleLine Infrastructure Income Fund	Fair Value as of December 31, 2024		Valuation Techniques	Unobservable Input	Unobservable Input Values (Weighted Average)(e)	Impact to valuation from an increase to input
Corporate Bonds	$	5,041,500	Market Comparables	Market Quotes	$100.83 ($100.83)	Significant changes in the market quotes would have resulted in direct and proportional changes in the fair value of the security
Foreign Corporate Bonds	$	2,522,194	Market Comparables	Market Quotes	$96.25 - $100.50 ($99.49)	Significant changes in the market quotes would have resulted in direct and proportional changes in the fair value of the security

^(e)  Unobservable inputs were weighted by the relative fair value of the instruments.