Security Description | | Principal | | | Value | |
| CORPORATE BONDS – 36.4% | | | |
| | | | |
| Communication Services – 1.6% | | | | | | | | |
| AT&T, Inc., 5.40%, 02/15/34 | | $ | 150,000 | | | $ | 147,629 | |
| CCO Holdings LLC / CCO Holdings Capital Corp., 4.75%, 03/01/30(1) | | | 155,000 | | | | 134,488 | |
| CSC Holdings LLC, 5.25%, 06/01/24 | | | 80,000 | | | | 74,681 | |
| DISH DBS Corp., 5.88%, 11/15/24 | | | 55,000 | | | | 50,286 | |
| DISH DBS Corp., 7.75%, 07/01/26 | | | 105,000 | | | | 68,020 | |
| Gray Television, Inc., 7.00%, 05/15/27(1) | | | 160,000 | | | | 138,610 | |
| Level 3 Financing, Inc., 3.63%, 01/15/29(1) | | | 60,000 | | | | 39,664 | |
| Millennium Escrow Corp., 6.63%, 08/01/26(1) | | | 110,000 | | | | 82,092 | |
| Rackspace Technology Global, Inc., 5.38%, 12/01/28(1) | | | 65,000 | | | | 18,101 | |
| Sprint Capital Corp., 8.75%, 03/15/32 | | | 130,000 | | | | 156,752 | |
| T-Mobile USA, Inc., 5.05%, 07/15/33 | | | 56,000 | | | | 54,826 | |
| Total Communication Services | | | | | | | 965,149 | |
| Consumer Discretionary – 2.6% | | | | | | | | |
| Carriage Services, Inc., 4.25%, 05/15/29(1) | | | 105,000 | | | | 91,057 | |
| Churchill Downs, Inc., 6.75%, 05/01/31(1) | | | 85,000 | | | | 83,185 | |
| Clarios Global LP / Clarios US Finance Co., 8.50%, 05/15/27(1) | | | 160,000 | | | | 162,298 | |
| Clarios Global LP / Clarios US Finance Co., 6.75%, 05/15/28(1) | | | 10,000 | | | | 10,054 | |
| Ford Motor Co., 3.25%, 02/12/32 | | | 90,000 | | | | 71,238 | |
| Ford Motor Co., 4.75%, 01/15/43 | | | 70,000 | | | | 54,829 | |
| Jacobs Entertainment, Inc., 6.75%, 02/15/29(1) | | | 125,000 | | | | 113,986 | |
| MDC Holdings, Inc., 3.97%, 08/06/61 | | | 185,000 | | | | 111,724 | |
| Newell Brands, Inc., 6.63%, 09/15/29 | | | 111,000 | | | | 111,088 | |
| NMG Holding Co., Inc. / Neiman Marcus Group LLC, 7.13%, 04/01/26(1) | | | 115,000 | | | | 107,615 | |
| Nordstrom, Inc., 4.25%, 08/01/31 | | | 140,000 | | | | 110,530 | |
| Premier Entertainment Sub LLC / Premier Entertainment Finance Corp., 5.63%, 09/01/29(1) | | | 155,000 | | | | 117,574 | |
| PulteGroup, Inc., 7.88%, 06/15/32 | | | 140,000 | | | | 160,118 | |
| PulteGroup, Inc., 6.38%, 05/15/33 | | | 30,000 | | | | 31,663 | |
| Royal Caribbean Cruises Ltd., 9.25%, 01/15/29(1) | | | 4,000 | | | | 4,262 | |
| Scientific Games International, Inc., 7.00%, 05/15/28(1) | | | 85,000 | | | | 84,771 | |
| Weekley Homes LLC / Weekley Finance Corp., 4.88%, 09/15/28(1) | | | 120,000 | | | | 107,837 | |
| Total Consumer Discretionary | | | | | | | 1,533,829 | |
| Consumer Staples – 0.8% | | | | | | | | |
| Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC, 6.50%, 02/15/28(1) | | | 84,000 | | | | 83,745 | |
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC, 6.63%, 07/15/30(1) | | | 120,000 | | | | 121,158 | |
| HLF Financing Sarl LLC / Herbalife International, Inc., 4.88%, 06/01/29(1) | | | 115,000 | | | | 87,538 | |
| Pilgrim’s Pride Corp., 6.25%, 07/01/33 | | | 168,000 | | | | 167,040 | |
| Total Consumer Staples | | | | | | | 459,481 | |
| Energy – 4.2% | | | | | | | | |
| Alliance Resource Operating Partners LP / Alliance Resource Finance Corp., 7.50%, 05/01/25(1) | | | 81,000 | | | | 80,907 | |
| Antero Midstream Partners LP / Antero Midstream Finance Corp., 5.75%, 01/15/28(1) | | | 120,000 | | | | 115,499 | |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp., 8.25%, 12/31/28(1) | | | 135,000 | | | | 134,191 | |
| Chesapeake Energy Corp., 5.88%, 02/01/29(1) | | | 110,000 | | | | 105,299 | |
| CITGO Petroleum Corp., 7.00%, 06/15/25(1) | | | 120,000 | | | | 118,683 | |
| Civitas Resources, Inc., 8.75%, 07/01/31(1) | | | 75,000 | | | | 77,719 | |
| CrownRock LP / CrownRock Finance, Inc., 5.63%, 10/15/25(1) | | | 50,000 | | | | 49,295 | |
| CrownRock LP / CrownRock Finance, Inc., 5.00%, 05/01/29(1) | | | 50,000 | | | | 47,158 | |
| DT Midstream, Inc., 4.13%, 06/15/29(1) | | | 160,000 | | | | 142,004 | |
| Energy Transfer LP, Series H, 6.50%, (US 5 Year CMT T- Note + 5.69%), perpetual(2)(3) | | | 145,000 | | | | 131,705 | |
| Flex Intermediate Holdco LLC, 3.36%, 06/30/31(1) | | | 195,000 | | | | 155,891 | |
| Genesis Energy LP / Genesis Energy Finance Corp., 8.88%, 04/15/30 | | | 100,000 | | | | 99,861 | |
| Hilcorp Energy I LP / Hilcorp Finance Co., 5.75%, 02/01/29(1) | | | 125,000 | | | | 115,737 | |
| Hilcorp Energy I LP / Hilcorp Finance Co., 6.00%, 02/01/31(1) | | | 100,000 | | | | 90,934 | |
| Kinder Morgan, Inc., Series G, 7.75%, 01/15/32 | | | 203,000 | | | | 231,328 | |
| Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26(1) | | | 75,000 | | | | 73,769 | |
| Mesquite Energy, Inc., Escrow, 7.25%, perpetual(3)(4) | | | 12,000 | | | | 270 | |
| Nabors Industries Ltd., 7.25%, 01/15/26(1) | | | 100,000 | | | | 96,388 | |
| Occidental Petroleum Corp., 6.13%, 01/01/31 | | | 130,000 | | | | 132,908 | |
| Southwestern Energy Co., 5.38%, 02/01/29 | | | 125,000 | | | | 118,159 | |
| Transocean, Inc., 11.50%, 01/30/27(1) | | | 89,000 | | | | 93,429 | |
| Transocean, Inc., 8.75%, 02/15/30(1) | | | 75,000 | | | | 77,935 | |
| USA Compression Partners LP / USA Compression Finance Corp., 6.88%, 04/01/26 | | | 118,000 | | | | 117,048 | |
| Venture Global Calcasieu Pass LLC, 4.13%, 08/15/31(1) | | | 125,000 | | | | 106,143 | |
| Total Energy | | | | | | | 2,512,260 | |
| Financials – 10.8% | | | | | | | | |
| Acrisure LLC / Acrisure Finance, Inc., 7.00%, 11/15/25(1) | | | 235,000 | | | | 227,148 | |
| Allstate Corp. (The), Series B, 8.56%, (3-Month USD LIBOR + 2.94%), 08/15/53(2) | | | 205,000 | | | | 204,041 | |
| American Express Co., 5.63%, (SOFR + 1.93%), 07/28/34(2) | | | 165,000 | | | | 164,832 | |
Security Description | | Principal | | | Value | |
| CORPORATE BONDS (continued) | | | |
| | | | |
| Financials (continued) | | | | | | | | |
| | | | | | | | | |
| Bank of America Corp., 3.42%, (3-Month USD LIBOR + 1.30%), 12/20/28(2) | | $ | 130,000 | | | $ | 119,782 | |
| Bank of America Corp., 5.02%, (SOFR + 2.16%), 07/22/33(2) | | | 280,000 | | | | 273,501 | |
| Bank of America Corp., 2.48%, (US 5 Year CMT T- Note + 1.20%), 09/21/36(2) | | | 200,000 | | | | 153,400 | |
| Bank of New York Mellon Corp. (The), Series G, 4.70%, (US 5 Year CMT T- Note + 4.36%), perpetual(2)(3) | | | 155,000 | | | | 151,711 | |
| Bank of New York Mellon Corp. (The), 5.83%, (SOFR + 2.07%), 10/25/33(2) | | | 45,000 | | | | 46,631 | |
| Blackstone Private Credit Fund, 2.63%, 12/15/26 | | | 59,000 | | | | 50,665 | |
| Block, Inc., 3.50%, 06/01/31 | | | 110,000 | | | | 92,233 | |
| Blue Owl Credit Income Corp., 4.70%, 02/08/27 | | | 38,000 | | | | 34,599 | |
| Blue Owl Finance LLC, 3.13%, 06/10/31(1) | | | 185,000 | | | | 141,637 | |
| BroadStreet Partners, Inc., 5.88%, 04/15/29(1) | | | 160,000 | | | | 143,028 | |
| Capital One Financial Corp., 2.36%, (SOFR + 1.34%), 07/29/32(2) | | | 155,000 | | | | 112,523 | |
| Charles Schwab Corp. (The), Series H, 4.00%, (US 10 Year CMT T- Note + 3.08%), perpetual(2)(3) | | | 95,000 | | | | 74,526 | |
| Citadel LP, 4.88%, 01/15/27(1) | | | 150,000 | | | | 146,403 | |
| Citigroup, Inc., 3.98%, (3-Month USD LIBOR + 1.60%), 03/20/30(2) | | | 190,000 | | | | 176,300 | |
| Citigroup, Inc., 6.27%, (SOFR + 2.34%), 11/17/33(2) | | | 140,000 | | | | 148,707 | |
| Citigroup, Inc., 6.17%, (SOFR + 2.66%), 05/25/34(2) | | | 147,000 | | | | 149,399 | |
| Cobra AcquisitionCo. LLC, 6.38%, 11/01/29(1) | | | 50,000 | | | | 34,054 | |
| Corebridge Financial, Inc., 6.88%, (US 5 Year CMT T-Note + 3.85%), 12/15/52(2) | | | 164,000 | | | | 160,278 | |
| Discover Financial Services, 6.70%, 11/29/32 | | | 98,000 | | | | 100,582 | |
| Fifth Third Bancorp, 4.34%, (SOFR + 1.66%), 04/25/33(2) | | | 105,000 | | | | 94,732 | |
| First American Financial Corp., 4.00%, 05/15/30 | | | 135,000 | | | | 118,224 | |
| Goldman Sachs Group, Inc. (The), 1.99%, (SOFR + 1.09%), 01/27/32(2) | | | 220,000 | | | | 173,391 | |
| Goldman Sachs Group, Inc. (The), 3.10%, (SOFR + 1.41%), 02/24/33(2) | | | 60,000 | | | | 50,578 | |
| Goldman Sachs Group, Inc. (The), 6.45%, 05/01/36 | | | 110,000 | | | | 115,619 | |
| Huntington Bancshares, Inc./Oh, 2.55%, 02/04/30 | | | 125,000 | | | | 102,932 | |
| JPMorgan Chase & Co., Series HH, 4.60%, (SOFR + 3.13%), perpetual(2)(3) | | | 94,000 | | | | 89,065 | |
| JPMorgan Chase & Co., 2.96%, (SOFR + 2.52%), 05/13/31(2) | | | 155,000 | | | | 133,282 | |
| JPMorgan Chase & Co., 1.95%, (SOFR + 1.07%), 02/04/32(2) | | | 215,000 | | | | 171,261 | |
| JPMorgan Chase & Co., 5.72%, (SOFR + 2.58%), 09/14/33(2) | | | 175,000 | | | | 177,764 | |
| KeyCorp, 4.79%, (SOFR + 2.06%), 06/01/33(2) | | | 100,000 | | | | 88,793 | |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp., 4.25%, 02/01/27(1) | | | 105,000 | | | | 94,559 | |
| Liberty Mutual Group, Inc., 4.13%, (US 5 Year CMT T- Note + 3.32%), 12/15/51(1)(2) | | | 55,000 | | | | 44,077 | |
| Lincoln National Corp., 7.63%, (3-Month USD LIBOR + 2.04%), 04/20/67(2) | | | 80,000 | | | | 54,800 | |
| MetLife, Inc., Series G, 3.85%, (US 5 Year CMT T- Note + 3.58%), perpetual(2)(3) | | | 130,000 | | | | 121,799 | |
| MetLife, Inc., Series D, 5.88%, (3-Month USD LIBOR + 3.22%), perpetual(2)(3) | | | 52,000 | | | | 50,948 | |
| Midcap Financial Issuer Trust, 6.50%, 05/01/28(1) | | | 130,000 | | | | 114,774 | |
| Morgan Stanley, 6.34%, (SOFR + 2.56%), 10/18/33(2) | | | 165,000 | | | | 175,517 | |
| Morgan Stanley, 5.25%, (SOFR + 1.87%), 04/21/34(2) | | | 145,000 | | | | 143,192 | |
| Morgan Stanley, 5.95%, (US 5 Year CMT T- Note + 2.43%), 01/19/38(2) | | | 72,000 | | | | 71,656 | |
| MSCI, Inc., 3.63%, 09/01/30(1) | | | 69,000 | | | | 60,495 | |
| National Rural Utilities Cooperative Finance Corp., 8.54%, (3-Month USD LIBOR + 3.17%), 04/30/43(2) | | | 90,000 | | | | 87,637 | |
| Navient Corp., 6.75%, 06/25/25 | | | 99,000 | | | | 97,988 | |
| OneMain Finance Corp., 6.88%, 03/15/25 | | | 125,000 | | | | 124,699 | |
| Prudential Financial, Inc., 5.13%, (US 5 Year CMT T- Note + 3.16%), 03/01/52(2) | | | 79,000 | | | | 72,052 | |
| Prudential Financial, Inc., 6.00%, (US 5 Year CMT T- Note + 3.23%), 09/01/52(2) | | | 10,000 | | | | 9,609 | |
| State Street Corp., 4.82%, (SOFR + 1.57%), 01/26/34(2) | | | 172,000 | | | | 165,564 | |
| Synchrony Financial, 4.88%, 06/13/25 | | | 65,000 | | | | 62,837 | |
| Synchrony Financial, 3.70%, 08/04/26 | | | 30,000 | | | | 27,495 | |
| Texas Capital Bancshares, Inc., 4.00%, (US 5 Year CMT T- Note + 3.15%), 05/06/31(2) | | | 70,000 | | | | 56,067 | |
| Truist Financial Corp., Series Q, 5.10%, (US 10 Year CMT T- Note + 4.35%), perpetual(2)(3) | | | 165,000 | | | | 148,698 | |
| Wells Fargo & Co., Series BB, 3.90%, (US 5 Year CMT T-Note + 3.45%), perpetual(2)(3) | | | 130,000 | | | | 116,977 | |
| Wells Fargo & Co., 2.39%, (SOFR + 2.10%), 06/02/28(2) | | | 140,000 | | | | 125,326 | |
| Wells Fargo & Co., 5.39%, (SOFR + 2.02%), 04/24/34(2) | | | 185,000 | | | | 183,629 | |
| Total Financials | | | | | | | 6,432,016 | |
| Health Care – 4.5% | | | | | | | | |
| Adapthealth LLC, 5.13%, 03/01/30(1) | | | 145,000 | | | | 120,107 | |
| Akumin, Inc., 7.00%, 11/01/25(1) | | | 145,000 | | | | 124,865 | |
| Amgen, Inc., 5.25%, 03/02/33 | | | 67,000 | | | | 66,893 | |
| Amgen, Inc., 5.65%, 03/02/53 | | | 26,000 | | | | 26,097 | |
| Bausch Health Cos., Inc., 6.13%, 02/01/27(1) | | | 5,000 | | | | 3,289 | |
| Bausch Health Cos., Inc., 11.00%, 09/30/28(1) | | | 19,000 | | | | 14,055 | |
| Bausch Health Cos., Inc., 14.00%, 10/15/30(1) | | | 3,000 | | | | 1,913 | |
Security Description | | Principal | | | Value | |
| CORPORATE BONDS (continued) | | | |
| | | | |
| Health Care (continued) | | | | | | | | |
| | | | | | | | | |
| Bio-Rad Laboratories, Inc., 3.70%, 03/15/32 | | $ | 164,000 | | | $ | 144,187 | |
| Catalent Pharma Solutions, Inc., 3.50%, 04/01/30(1) | | | 95,000 | | | | 79,648 | |
| CHS/Community Health Systems, Inc., 6.88%, 04/15/29(1) | | | 25,000 | | | | 16,598 | |
| CHS/Community Health Systems, Inc., 6.13%, 04/01/30(1) | | | 30,000 | | | | 18,943 | |
| CHS/Community Health Systems, Inc., 4.75%, 02/15/31(1) | | | 245,000 | | | | 185,903 | |
| Dentsply Sirona, Inc., 3.25%, 06/01/30 | | | 260,000 | | | | 225,358 | |
| Fortrea Holdings, Inc., 7.50%, 07/01/30(1) | | | 23,000 | | | | 23,534 | |
| GE HealthCare Technologies, Inc., 5.86%, 03/15/30 | | | 120,000 | | | | 123,209 | |
| HCA, Inc., 5.50%, 06/01/33 | | | 145,000 | | | | 144,429 | |
| Illumina, Inc., 2.55%, 03/23/31 | | | 122,000 | | | | 99,498 | |
| Iqvia, Inc., 5.70%, 05/15/28(1) | | | 200,000 | | | | 199,026 | |
| Lannett Co., Inc., 7.75%, 04/15/26(1)(4)(5) | | | 10,000 | | | | 718 | |
| Legacy LifePoint Health LLC, 6.75%, 04/15/25(1) | | | 135,000 | | | | 137,219 | |
| LifePoint Health, Inc., 9.88%, 08/15/30(1) | | | 115,000 | | | | 115,000 | |
| Medline Borrower LP, 5.25%, 10/01/29(1) | | | 135,000 | | | | 119,891 | |
| Par Pharmaceutical, Inc., 7.50%, 04/01/27(1)(5) | | | 35,000 | | | | 25,758 | |
| Surgery Center Holdings, Inc., 6.75%, 07/01/25(1) | | | 73,000 | | | | 72,995 | |
| Surgery Center Holdings, Inc., 10.00%, 04/15/27(1) | | | 21,000 | | | | 21,510 | |
| Team Health Holdings, Inc., 6.38%, 02/01/25(1) | | | 45,000 | | | | 23,004 | |
| Universal Health Services, Inc., 2.65%, 01/15/32 | | | 275,000 | | | | 216,087 | |
| Viatris, Inc., Series WI, 2.70%, 06/22/30 | | | 245,000 | | | | 200,339 | |
| Zimmer Biomet Holdings, Inc., 3.55%, 03/20/30 | | | 165,000 | | | | 144,659 | |
| Total Health Care | | | | | | | 2,694,732 | |
| Industrials – 4.9% | | | | | | | | |
| Alaska Airlines Pass-Through Trust, Class A, Series 2020-1, 4.80%, 08/15/27(1) | | | 197,791 | | | | 192,115 | |
| Aviation Capital Group LLC, 3.50%, 11/01/27(1) | | | 76,000 | | | | 68,564 | |
| Beacon Roofing Supply, Inc., 6.50%, 08/01/30(1) | | | 40,000 | | | | 40,141 | |
| BlueLinx Holdings, Inc., 6.00%, 11/15/29(1) | | | 125,000 | | | | 112,619 | |
| Boeing Co. (The), 5.15%, 05/01/30 | | | 55,000 | | | | 54,576 | |
| Boeing Co. (The), 3.75%, 02/01/50 | | | 20,000 | | | | 15,204 | |
| Boeing Co. (The), 5.81%, 05/01/50 | | | 60,000 | | | | 60,408 | |
| Boeing Co. (The), 5.93%, 05/01/60 | | | 123,000 | | | | 123,025 | |
| Chart Industries, Inc., 9.50%, 01/01/31(1) | | | 125,000 | | | | 134,189 | |
| Concentrix Corp., 6.65%, 08/02/26 | | | 90,000 | | | | 89,888 | |
| CoStar Group, Inc., 2.80%, 07/15/30(1) | | | 263,000 | | | | 220,143 | |
| Deluxe Corp., 8.00%, 06/01/29(1) | | | 20,000 | | | | 16,822 | |
| Ferguson Finance PLC, 4.65%, 04/20/32(1) | | | 285,000 | | | | 268,546 | |
| Fortress Transportation and Infrastructure Investors LLC, 6.50%, 10/01/25(1) | | | 45,000 | | | | 44,617 | |
| General Electric Co., Series D, 8.88%, (3-Month USD LIBOR + 3.33%), perpetual(2)(3) | | | 236,000 | | | | 237,026 | |
| Global Infrastructure Solutions, Inc., 7.50%, 04/15/32(1) | | | 130,000 | | | | 110,133 | |
| Huntington Ingalls Industries, Inc., 2.04%, 08/16/28 | | | 210,000 | | | | 177,949 | |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp., 5.25%, 05/15/27 | | | 90,000 | | | | 79,457 | |
| Neptune Bidco US, Inc., 9.29%, 04/15/29(1) | | | 130,000 | | | | 119,749 | |
| OT Merger Corp., 7.88%, 10/15/29(1) | | | 15,000 | | | | 9,749 | |
| Regal Rexnord Corp., 6.40%, 04/15/33(1) | | | 210,000 | | | | 209,594 | |
| Science Applications International Corp., 4.88%, 04/01/28(1) | | | 140,000 | | | | 131,759 | |
| Sempra Global, 3.25%, 01/15/32(1) | | | 203,000 | | | | 164,665 | |
| United Airlines Pass-Through Trust, Class A, Series 2023-1, 5.80%, 01/15/36 | | | 137,000 | | | | 139,804 | |
| United Rentals North America, Inc., 3.75%, 01/15/32 | | | 105,000 | | | | 89,023 | |
| Total Industrials | | | | | | | 2,909,765 | |
| Information Technology – 2.1% | | | | | | | | |
| Booz Allen Hamilton, Inc., 3.88%, 09/01/28(1) | | | 150,000 | | | | 136,340 | |
| Booz Allen Hamilton, Inc., 4.00%, 07/01/29(1) | | | 95,000 | | | | 86,064 | |
| CDW LLC / CDW Finance Corp., 3.57%, 12/01/31 | | | 114,000 | | | | 96,596 | |
| Consensus Cloud Solutions, Inc., 6.50%, 10/15/28(1) | | | 150,000 | | | | 129,908 | |
| Dell International LLC / EMC Corp., 8.10%, 07/15/36 | | | 152,000 | | | | 177,070 | |
| Kyndryl Holdings, Inc., 3.15%, 10/15/31 | | | 95,000 | | | | 71,120 | |
| Leidos, Inc., 2.30%, 02/15/31 | | | 315,000 | | | | 252,317 | |
| Oracle Corp., 6.15%, 11/09/29 | | | 85,000 | | | | 89,178 | |
| Oracle Corp., 6.25%, 11/09/32 | | | 80,000 | | | | 84,633 | |
| Viasat, Inc., 5.63%, 09/15/25(1) | | | 165,000 | | | | 154,868 | |
| Total Information Technology | | | | | | | 1,278,094 | |
| Materials – 1.1% | | | | | | | | |
| Asp Unifrax Holdings, Inc., 5.25%, 09/30/28(1) | | | 145,000 | | | | 108,223 | |
| Bayport Polymers LLC, 5.14%, 04/14/32(1) | | | 80,000 | | | | 71,034 | |
| Celanese US Holdings LLC, 5.90%, 07/05/24 | | | 30,000 | | | | 29,954 | |
| Cleveland-Cliffs, Inc., 6.75%, 03/15/26(1) | | | 40,000 | | | | 40,280 | |
| Knife River Holding Co., 7.75%, 05/01/31(1) | | | 15,000 | | | | 15,314 | |
| LSB Industries, Inc., 6.25%, 10/15/28(1) | | | 150,000 | | | | 137,835 | |
| Mauser Packaging Solutions Holding Co., 7.88%, 08/15/26(1) | | | 20,000 | | | | 19,965 | |
| Mauser Packaging Solutions Holding Co., 9.25%, 04/15/27(1) | | | 60,000 | | | | 55,828 | |
| New Enterprise Stone & Lime Co., Inc., 9.75%, 07/15/28(1) | | | 135,000 | | | | 133,536 | |
| WR Grace Holdings LLC, 5.63%, 08/15/29(1) | | | 90,000 | | | | 76,050 | |
| Total Materials | | | | | | | 688,019 | |
| Real Estate – 1.7% | | | | | | | | |
| EPR Properties, 4.75%, 12/15/26 | | | 100,000 | | | | 91,867 | |
| EPR Properties, 3.60%, 11/15/31 | | | 95,000 | | | | 74,268 | |
Security Description | | Principal | | | Value | |
| CORPORATE BONDS (continued) | | | |
| | | | |
| Real Estate (continued) | | | | | | | | |
| | | | | | | | | |
| GLP Capital LP / GLP Financing II, Inc., 5.75%, 06/01/28 | | $ | 81,000 | | | $ | 79,439 | |
| GLP Capital LP / GLP Financing II, Inc., 3.25%, 01/15/32 | | | 140,000 | | | | 114,422 | |
| Kite Realty Group Trust, 4.75%, 09/15/30 | | | 135,000 | | | | 123,662 | |
| MPT Operating Partnership LP / MPT Finance Corp., 3.50%, 03/15/31 | | | 100,000 | | | | 72,274 | |
| Office Properties Income Trust, 4.50%, 02/01/25 | | | 140,000 | | | | 123,523 | |
| Phillips Edison Grocery Center Operating Partnership I LP, 2.63%, 11/15/31 | | | 195,000 | | | | 146,243 | |
| Service Properties Trust, 4.95%, 02/15/27 | | | 25,000 | | | | 21,465 | |
| VICI Properties LP, 4.95%, 02/15/30 | | | 60,000 | | | | 56,823 | |
| VICI Properties LP, 5.13%, 05/15/32 | | | 115,000 | | | | 108,319 | |
| VICI Properties LP / VICI Note Co., Inc., 4.63%, 06/15/25(1) | | | 10,000 | | | | 9,720 | |
| VICI Properties LP / VICI Note Co., Inc., 4.13%, 08/15/30(1) | | | 30,000 | | | | 26,629 | |
| Total Real Estate | | | | | | | 1,048,654 | |
| Utilities – 2.1% | | | | | | | | |
| CMS Energy Corp., 4.75%, (US 5 Year CMT T- Note + 4.12%), 06/01/50(2) | | | 225,000 | | | | 198,300 | |
| Ferrellgas LP / Ferrellgas Finance Corp., 5.38%, 04/01/26(1) | | | 55,000 | | | | 51,840 | |
| Ferrellgas LP / Ferrellgas Finance Corp., 5.88%, 04/01/29(1) | | | 115,000 | | | | 99,040 | |
| KeySpan Gas East Corp., 5.99%, 03/06/33(1) | | | 186,000 | | | | 186,652 | |
| NRG Energy, Inc., 7.00%, 03/15/33(1) | | | 191,000 | | | | 190,731 | |
| Puget Energy, Inc., 4.22%, 03/15/32 | | | 180,000 | | | | 161,709 | |
| Southern Co. (The), Series 21-A, 3.75%, (US 5 Year CMT T- Note + 2.92%), 09/15/51(2) | | | 213,000 | | | | 184,269 | |
| Sunnova Energy Corp., 5.88%, 09/01/26(1) | | | 110,000 | | | | 98,877 | |
| Vistra Corp., 8.00%, (US 5 Year CMT T- Note + 6.93%), perpetual(1)(2)(3) | | | 85,000 | | | | 81,417 | |
| Total Utilities | | | | | | | 1,252,835 | |
| Total Corporate Bonds | | | | | | | | |
| (Cost $22,110,715) | | | | | | | 21,774,834 | |
| FOREIGN BONDS – 18.1% | | | | | | | | |
| Communication Services – 0.6% | | | | | | | | |
| CT Trust, 5.13%, 02/03/32 (Guatemala)(1) | | | 200,000 | | | | 166,386 | |
| Telecomunicaciones Digitales SA, 4.50%, 01/30/30 (Panama)(1) | | | 200,000 | | | | 171,135 | |
| Telesat Canada / Telesat LLC, 6.50%, 10/15/27 (Canada)(1) | | | 35,000 | | | | 14,175 | |
| Total Communication Services | | | | | | | 351,696 | |
| Consumer Discretionary – 1.1% | | | | | | | | |
| Ashtead Capital, Inc., 4.38%, 08/15/27 (United Kingdom)(1) | | | 200,000 | | | | 189,071 | |
| Ashtead Capital, Inc., 5.50%, 08/11/32 (United Kingdom)(1) | | | 200,000 | | | | 193,951 | |
| eG Global Finance PLC, 8.50%, 10/30/25 (United Kingdom)(1) | | | 200,000 | | | | 198,289 | |
| Ontario Gaming GTA LP, 8.00%, 08/01/30 (Canada)(1) | | | 40,000 | | | | 40,436 | |
| Total Consumer Discretionary | | | | | | | 621,747 | |
| Consumer Staples – 0.7% | | | | | | | | |
| Bat Capital Corp., 7.75%, 10/19/32 (United Kingdom) | | | 160,000 | | | | 177,677 | |
| Central American Bottling Corp. / CBC Bottling Holdco SL / Beliv Holdco SL, 5.25%, 04/27/29 (Guatemala)(1) | | | 95,000 | | | | 88,243 | |
| Sigma Holdco BV, 7.88%, 05/15/26 (Netherlands)(1) | | | 200,000 | | | | 175,164 | |
| Total Consumer Staples | | | | | | | 441,084 | |
| Energy – 3.5% | | | | | | | | |
| BP Capital Markets PLC, 4.88%, (US 5 Year CMT T- Note + 4.40%), perpetual (United Kingdom)(2)(3) | | | 275,000 | | | | 256,547 | |
| Coronado Finance Pty Ltd., 10.75%, 05/15/26 (Australia)(1) | | | 68,000 | | | | 70,995 | |
| Ecopetrol SA, 4.63%, 11/02/31 (Colombia) | | | 100,000 | | | | 79,739 | |
| Ecopetrol SA, 8.88%, 01/13/33 (Colombia) | | | 150,000 | | | | 153,900 | |
| Enbridge, Inc., 7.63%, (US 5 Year CMT T- Note + 4.42%), 01/15/83 (Canada)(2) | | | 170,000 | | | | 172,193 | |
| Enerflex Ltd., 9.00%, 10/15/27 (Canada)(1) | | | 125,000 | | | | 125,920 | |
| KazMunayGas National Co. JSC, 6.38%, 10/24/48 (Kazakhstan)(1) | | | 200,000 | | | | 177,235 | |
| Korea National Oil Corp., 4.88%, 04/03/28 (South Korea)(1) | | | 200,000 | | | | 198,183 | |
| Northriver Midstream Finance LP, 5.63%, 02/15/26 (Canada)(1) | | | 115,000 | | | | 110,009 | |
| Petroleos Mexicanos, 6.50%, 03/13/27 (Mexico) | | | 160,000 | | | | 142,272 | |
| Petroleos Mexicanos, 6.70%, 02/16/32 (Mexico) | | | 325,000 | | | | 251,436 | |
| Petroleos Mexicanos, 6.35%, 02/12/48 (Mexico) | | | 55,000 | | | | 34,141 | |
| Petroleos Mexicanos, 7.69%, 01/23/50 (Mexico) | | | 20,000 | | | | 13,871 | |
| Reliance Industries Ltd., 2.88%, 01/12/32 (India)(1) | | | 250,000 | | | | 207,696 | |
| Teine Energy Ltd., 6.88%, 04/15/29 (Canada)(1) | | | 110,000 | | | | 101,758 | |
| Total Energy | | | | | | | 2,095,895 | |
Security Description | | Principal | | | Value | |
| FOREIGN BONDS (continued) | | | |
| | | | |
| Financials – 2.2% | | | | | | | | |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust, 2.45%, 10/29/26 (Ireland) | | $ | 300,000 | | | $ | 270,007 | |
| Ascot Group Ltd., 4.25%, 12/15/30 (Bermuda)(1) | | | 45,000 | | | | 34,535 | |
| Banco Mercantil del Norte SA, 6.63%, (US 10 Year CMT T- Note + 5.03%), perpetual (Mexico)(1)(2)(3) | | | 200,000 | | | | 160,200 | |
| Banco Santander Chile, 3.18%, 10/26/31 (Chile)(1) | | | 150,000 | | | | 129,298 | |
| Barclays, 7.44%, (US 1 Year CMT T- Note + 3.50%), 11/02/33 (United Kingdom)(2) | | | 200,000 | | | | 218,187 | |
| BBVA Bancomer SA, 5.13%, (US 5 Year CMT T-Note + 2.65%), 01/18/33 (Mexico)(1)(2) | | | 200,000 | | | | 173,966 | |
| Brookfield Finance, Inc., 2.72%, 04/15/31 (Canada) | | | 140,000 | | | | 115,740 | |
| Toronto-Dominion Bank (The), 8.13%, (US 5 Year CMT T- Note + 4.08%), 10/31/82 (Canada)(2) | | | 200,000 | | | | 205,960 | |
| Total Financials | | | | | | | 1,307,893 | |
| Government – 7.3% | | | | | | | | |
| Angolan Government International Bond, 8.25%, 05/09/28 (Angola)(1) | | | 200,000 | | | | 184,407 | |
| Argentine Republic Government International Bond, 3.50%, 07/09/41 (Argentina)(6) | | | 415,000 | | | | 134,960 | |
| Brazilian Government International Bond, 6.00%, 10/20/33 (Brazil) | | | 200,000 | | | | 198,700 | |
| Dominican Republic International Bond, 4.88%, 09/23/32 (Dominican Republic)(1) | | | 325,000 | | | | 282,405 | |
| Ecuador Government International Bond, 6.00%, 07/31/30 (Ecuador)(1)(6) | | | 120,000 | | | | 57,451 | |
| Egypt Government International Bond, 7.60%, 03/01/29 (Egypt)(1) | | | 200,000 | | | | 144,638 | |
| Emirate of Dubai Government International Bonds, Series E, 5.25%, 01/30/43 (United Arab Emirates) | | | 200,000 | | | | 189,266 | |
| Hungary Government International Bond, 6.25%, 09/22/32 (Hungary)(1) | | | 200,000 | | | | 205,710 | |
| Indonesia Government International Bond, 2.85%, 02/14/30 (Indonesia) | | | 200,000 | | | | 178,938 | |
| Ivory Coast Government International Bond, 6.13%, 06/15/33 (Ivory Coast)(1) | | | 200,000 | | | | 180,189 | |
| Jordan Government International Bond, 7.50%, 01/13/29 (Jordan)(1) | | | 200,000 | | | | 202,149 | |
| Mexico Government International Bond, 3.50%, 02/12/34 (Mexico) | | | 400,000 | | | | 336,434 | |
| Mongolia Government International Bond, 8.65%, 01/19/28 (Mongolia)(1) | | | 200,000 | | | | 206,192 | |
| Morocco Government International Bond, 3.00%, 12/15/32 (Morocco)(1) | | | 200,000 | | | | 161,419 | |
| Panama Government International Bond, 3.30%, 01/19/33 (Panama) | | | 200,000 | | | | 167,327 | |
| Philippine Government International Bond, 3.70%, 03/01/41 (Philippines) | | | 200,000 | | | | 167,175 | |
| Qatar Government International Bond, 3.75%, 04/16/30 (Qatar)(1) | | | 200,000 | | | | 192,603 | |
| Republic of Poland Government International Bond, 4.88%, 10/04/33 (Poland) | | | 80,000 | | | | 79,209 | |
| Republic of South Africa Government International Bond, 4.85%, 09/27/27 (South Africa) | | | 200,000 | | | | 191,108 | |
| Saudi Government International Bond, 5.50%, 10/25/32 (Saudi Arabia)(1) | | | 200,000 | | | | 210,189 | |
| Serbia International Bond, 6.50%, 09/26/33 (Serbia)(1) | | | 200,000 | | | | 200,830 | |
| Turkey Government International Bond, 7.63%, 04/26/29 (Turkey) | | | 200,000 | | | | 197,810 | |
| Turkey Government International Bond, 9.13%, 07/13/30 (Turkey) | | | 200,000 | | | | 208,600 | |
| Ukraine Government International Bond, 7.75%, 09/01/26 (Ukraine)(1)(5) | | | 145,000 | | | | 46,219 | |
| Ukraine Government International Bond, 7.75%, 09/01/26 (Ukraine)(5) | | | 100,000 | | | | 31,661 | |
| Total Government | | | | | | | 4,355,589 | |
| Health Care – 0.5% | | | | | | | | |
| Cheplapharm Arzneimittel GMBH, 5.50%, 01/15/28 (Germany)(1) | | | 190,000 | | | | 173,270 | |
| Teva Pharmaceutical Finance Netherlands III BV, 3.15%, 10/01/26 (Israel) | | | 125,000 | | | | 113,014 | |
| Total Health Care | | | | | | $ | 286,284 | |
Security Description | | Principal | | | Value | |
| FOREIGN BONDS (continued) | | | |
| | | | |
| Industrials – 0.2% | | | | | | | | |
| Avolon Holdings Funding Ltd., 4.38%, 05/01/26 (Ireland)(1) | | $ | 77,000 | | | $ | 72,422 | |
| VistaJet Malta Finance PLC / Vista Management Holding, Inc., 9.50%, 06/01/28 (Switzerland)(1) | | | 55,000 | | | | 52,595 | |
| Total Industrials | | | | | | | 125,017 | |
| Information Technology – 0.1% | | | | | | | | |
| Ritchie Bros Holdings, Inc., 7.75%, 03/15/31 (Canada)(1) | | | 80,000 | | | | 83,476 | |
| | | | | | | | | |
| Materials – 0.9% | | | | | | | | |
| ArcelorMittal SA, 6.80%, 11/29/32 (Luxembourg) | | | 140,000 | | | | 144,651 | |
| FMG Resources August 2006 Pty Ltd., 5.88%, 04/15/30 (Australia)(1) | | | 175,000 | | | | 168,021 | |
| Mercer International, Inc., 5.13%, 02/01/29 (Germany) | | | 25,000 | | | | 20,504 | |
| NOVA Chemicals Corp., 5.00%, 05/01/25 (Canada)(1) | | | 48,000 | | | | 46,143 | |
| Taseko Mines Ltd., 7.00%, 02/15/26 (Canada)(1) | | | 90,000 | | | | 83,391 | |
| Teck Resources Ltd., 6.13%, 10/01/35 (Canada) | | | 80,000 | | | | 80,802 | |
| Total Materials | | | | | | | 543,512 | |
| Real Estate – 0.3% | | | | | | | | |
| Ontario Teachers’ Cadillac Fairview Properties Trust, 2.50%, 10/15/31 (Canada)(1) | | | 200,000 | | | | 157,310 | |
| | | | | | | | | |
| Utilities – 0.7% | | | | | | | | |
| Electricite de France SA, 6.25%, 05/23/33 (France)(1) | | | 200,000 | | | | 206,131 | |
| ENEL Finance International NV, 7.50%, 10/14/32 (Italy)(1) | | | 200,000 | | | | 223,412 | |
| Total Utilities | | | | | | | 429,543 | |
| Total Foreign Bonds | | | | | | | | |
| (Cost $10,835,223) | | | | | | | 10,799,046 | |
| TERM LOANS – 13.0% | | | | | | | | |
| Aerospace – 0.6% | | | | | | | | |
| Amentum Government Services Holdings LLC, 9.22%, (SOFR + 4.00%), 02/10/29(2) | | | 14,850 | | | | 14,405 | |
| Brown Group Holding, LLC, 7.92%, (SOFR + 2.60%), 06/07/28(2) | | | 86,460 | | | | 85,838 | |
| Kestrel BidCo, Inc., 8.25%, (SOFR + 3.10%), 12/11/26(2) | | | 89,765 | | | | 87,952 | |
| Mileage Plus Holdings LLC, 10.76%, (3-Month USD LIBOR + 5.25%), 06/21/27(2) | | | 24,000 | | | | 25,065 | |
| Tran, 8.49%, (SOFR + 3.25%), 08/24/28(2) | | | 160,170 | | | | 160,507 | |
| Total Aerospace | | | | | | | 373,767 | |
| Chemicals – 0.3% | | | | | | | | |
| Trinseo Materials Operating SCA, 7.54%, (3-Month USD LIBOR + 2.00%), 09/06/24(2) | | | 99,215 | | | | 97,377 | |
| Windsor Holdings III LLC, 0.00%, (SOFR + 0.00%), 06/21/30(7) | | | 75,000 | | | | 74,875 | |
| Total Chemicals | | | | | | | 172,252 | |
| Consumer Non-Durables – 0.3% | | | | | | | | |
| DS Parent, Inc., 11.34%, (SOFR + 5.75%), 12/10/28(2) | | | 23,125 | | | | 22,614 | |
| Kronos Acquisition Holdings Inc., 0.00%, (1-Month USD LIBOR + 0.00%), 12/22/26(7) | | | 120,000 | | | | 117,941 | |
| Zep Inc., 9.54%, (3-Month USD LIBOR + 4.00%), 08/12/24(2) | | | 28,926 | | | | 25,961 | |
| Total Consumer Non-Durables | | | | | | | 166,516 | |
| Energy – 0.5% | | | | | | | | |
| Freeport LNG Investments, 9.09%, (SOFR + 3.50%), 11/17/28(2) | | | 89,770 | | | | 88,860 | |
| Hamilton Projects Acquiror LLC, 9.93%, (SOFR + 4.61%), 06/17/27(2) | | | 21,081 | | | | 20,921 | |
| Medallion Midland Acquisition LP, 9.25%, (SOFR + 3.75%), 10/18/28(2) | | | 29,323 | | | | 29,264 | |
| Oryx Midstream Services Permian Basin, LLC, 8.51%, (SOFR + 3.36%), 10/05/28(2) | | | 58,820 | | | | 58,940 | |
| Traverse Midstream, 9.22%, (SOFR + 3.85%), 02/12/28(2) | | | 105,000 | | | | 104,716 | |
| Total Energy | | | | | | | 302,701 | |
| Financials – 0.2% | | | | | | | | |
| Asurion LLC, 8.79%, (3-Month USD LIBOR + 3.25%), 07/31/27(2) | | | 24,350 | | | | 23,342 | |
| Blackhawk Network Holdings, Inc., 0.00%, (SOFR + 0.00%), 06/15/25(7) | | | 55,000 | | | | 54,708 | |
| Blackhawk Network Holdings, Inc., 8.26%, (SOFR + 3.00%), 06/15/25(2) | | | 29,457 | | | | 29,301 | |
| Total Financials | | | | | | | 107,351 | |
| Food/Tobacco – 1.1% | | | | | | | | |
| Aramark, 7.93%, (SOFR + 2.61%), 06/13/30(2) | | | 98,823 | | | | 98,823 | |
| Del Monte Foods, Inc., 9.66%, (SOFR + 4.35%), 08/28/23(2) | | | 104,736 | | | | 101,703 | |
| Froneri US, Inc., 7.67%, (SOFR + 2.25%), 01/29/27(2) | | | 162,953 | | | | 162,481 | |
| Pegasus Bidco BV, 9.34%, (SOFR + 4.25%), 07/12/29(2) | | | 84,725 | | | | 84,778 | |
| Shearer’s Foods LLC, 8.93%, (SOFR + 3.50%), 09/23/27(2) | | | 79,094 | | | | 78,555 | |
| Triton Water Holdings, Inc., 8.75%, (SOFR + 3.51%), 03/31/28(2) | | | 29,363 | | | | 28,460 | |
Security Description | | Principal | | | Value | |
| TERM LOANS (continued) | | | |
| | | | |
| Food/Tobacco (continued) | | | | | | | | |
| | | | | | | | | |
| Tropicana (Naked Juice LLC), 8.59%, (SOFR + 3.35%), 01/19/29(2) | | $ | 124,685 | | | $ | 118,097 | |
| Total Food/Tobacco | | | | | | | 672,897 | |
| Forest Prod/Containers – 0.4% | | | | | | | | |
| Kloeckner Pentaplast of America, Inc., 10.10%, (SOFR + 4.73%), 02/12/26(2) | | | 94,758 | | | | 90,079 | |
| Mauser Packaging Solutions Holding Co., 9.14%, (SOFR + 4.00%), 08/31/26(2) | | | 34,913 | | | | 34,908 | |
| TricorBraun Holdings, Inc., 0.00%, (SOFR + 0.00%), 01/29/28(7) | | | 60,000 | | | | 59,341 | |
| TricorBraun Holdings, Inc., 8.68%, (SOFR + 3.25%), 01/29/28(2) | | | 34,361 | | | | 33,983 | |
| Total Forest Prod/Containers | | | | | | | 218,311 | |
| Gaming/Leisure – 0.8% | | | | | | | | |
| Carnival Corp., 8.43%, (SOFR + 3.11%), 06/30/25(2) | | | 94,619 | | | | 94,666 | |
| ECL Entertainment LLC, 12.93%, (SOFR + 7.50%), 05/01/28(2) | | | 29,623 | | | | 29,882 | |
| Entain Holdings Gibraltar Ltd., 0.00%, (1-Month USD LIBOR + 0.00%), 10/18/29(7) | | | 10,000 | | | | 10,010 | |
| J&J Ventures Gaming, LLC, 9.54%, (3-Month USD LIBOR + 4.00%), 04/26/28(2) | | | 19,601 | | | | 19,439 | |
| One Toronto Gaming, 0.00%, (1-Month USD LIBOR + 0.00%), 07/20/30(7) | | | 25,000 | | | | 25,031 | |
| Playtika Holding Corp., 8.18%, (SOFR + 2.75%), 03/13/28(2) | | | 49,494 | | | | 49,390 | |
| Raptor Acquisition Corp., 9.52%, (3-Month USD LIBOR + 4.00%), 11/01/26(2) | | | 9,900 | | | | 9,909 | |
| Scientific Games Holdings LP, 8.77%, (SOFR + 3.50%), 02/04/29(2) | | | 84,786 | | | | 83,865 | |
| UFC Holdings LLC, 8.37%, (SOFR + 2.75%), 04/29/26(2) | | | 135,804 | | | | 135,823 | |
| Total Gaming/Leisure | | | | | | | 458,015 | |
| Health Care – 1.2% | | | | | | | | |
| Agiliti, 0.00%, (SOFR + 0.00%), 04/06/30(7) | | | 25,000 | | | | 24,984 | |
| Agiliti, 8.25%, (SOFR + 3.00%), 04/06/30(2) | | | 59,535 | | | | 59,498 | |
| CHG Healthcare Services, Inc., 8.68%, (SOFR + 3.36%), 09/22/28(2) | | | 138,740 | | | | 138,636 | |
| Hunter US Bidco, Inc., 9.59%, (SOFR + 4.35%), 08/19/28(2) | | | 15,797 | | | | 15,817 | |
| Milano Acquisition Corp., 9.34%, (SOFR + 4.10%), 10/01/27(2) | | | 34,112 | | | | 33,609 | |
| Mozart Borrower LP, 8.68%, (SOFR + 3.36%), 10/23/28(2) | | | 133,982 | | | | 132,787 | |
| Packaging Coordinators Midco, Inc., 9.00%, (SOFR + 3.50%), 11/30/27(2) | | | 53,984 | | | | 53,634 | |
| Phoenix Guarantor, Inc., 8.68%, (SOFR + 3.36%), 03/05/26(2) | | | 38,697 | | | | 38,476 | |
| Phoenix Newco, Inc., 8.68%, (SOFR + 3.36%), 08/11/28(2) | | | 30,664 | | | | 30,577 | |
| Sunshine Luxembourg VII Sarl, 9.09%, (SOFR + 3.85%), 10/01/26(2) | | | 104,433 | | | | 104,427 | |
| Upstream Newco, Inc., 9.75%, (SOFR + 4.25%), 11/20/26(2) | | | 22,050 | | | | 20,268 | |
| Viant Medical Holdings, Inc., 9.18%, (1-Month USD LIBOR + 3.75%), 07/02/25(2) | | | 93,517 | | | | 91,550 | |
| Total Health Care | | | | | | | 744,263 | |
| Housing – 0.3% | | | | | | | | |
| Chariot Buyer LLC, 8.67%, (SOFR + 3.25%), 10/22/28(2) | | | 90,770 | | | | 89,591 | |
| SRS Distribution, Inc., 8.82%, (SOFR + 3.50%), 06/02/28(2) | | | 4,925 | | | | 4,866 | |
| SRS Distribution, Inc., 8.93%, (SOFR + 3.61%), 06/02/28(2) | | | 108,978 | | | | 107,671 | |
| Total Housing | | | | | | | 202,128 | |
| Information Technology – 2.1% | | | | | | | | |
| Applied Systems, 9.74%, (SOFR + 4.50%), 09/19/26(2) | | | 179,550 | | | | 180,153 | |
| Applied Systems, Inc., 11.99%, (SOFR + 6.75%), 09/19/25(2) | | | 29,460 | | | | 29,583 | |
| CCC Intelligent Solutions, Inc., 7.68%, (SOFR + 2.25%), 09/15/28(2) | | | 138,842 | | | | 138,756 | |
| Central Parent, Inc., 9.49%, (SOFR + 4.25%), 06/09/29(2) | | | 108,677 | | | | 108,852 | |
| ConnectWise LLC, 8.93%, (SOFR + 3.61%), 09/24/28(2) | | | 39,400 | | | | 38,686 | |
| Epicor Software Corp., 8.68%, (SOFR + 3.36%), 07/30/27(2) | | | 33,862 | | | | 33,689 | |
| Finastra USA, Inc., 9.23%, (6-Month USD LIBOR + 3.50%), 06/13/24(2) | | | 109,693 | | | | 106,589 | |
| Hyland Software, Inc., 8.93%, (SOFR + 3.50%), 07/01/24(2) | | | 103,071 | | | | 102,878 | |
| Polaris Newco LLC, 0.00%, (1-Month USD LIBOR + 0.00%), 06/02/28(7) | | | 65,000 | | | | 61,501 | |
| Project Ruby Ultimate Parent Corp., 8.68%, (SOFR + 3.36%), 03/10/28(2) | | | 29,325 | | | | 28,997 | |
| Proofpoint, Inc., 8.68%, (SOFR + 3.36%), 06/09/28(2) | | | 29,550 | | | | 29,159 | |
| RealPage, Inc., 8.43%, (SOFR + 3.00%), 04/24/28(2) | | | 34,313 | | | | 33,770 | |
| Roper Industrial, 9.74%, (SOFR + 4.50%), 11/30/29(2) | | | 89,775 | | | | 89,875 | |
| Sophia LP, 9.04%, (3-Month USD LIBOR + 3.50%), 10/07/27(2) | | | 24,378 | | | | 24,287 | |
| Uber Technologies, 0.00%, (SOFR + 0.00%), 02/28/30(7) | | | 25,000 | | | | 25,043 | |
| Uber Technologies, 8.00%, (SOFR + 2.75%), 02/28/30(2) | | | 84,700 | | | | 84,845 | |
| UKG, Inc., 8.62%, (SOFR + 3.35%), 05/04/26(2) | | | 142,225 | | | | 141,660 | |
| Total Information Technology | | | | | | | 1,258,323 | |
| Manufacturing – 1.0% | | | | | | | | |
| Alliance Laundry Systems LLC, 8.80%, (SOFR + 3.60%), 10/08/27(2) | | | 33,608 | | | | 33,599 | |
Security Description | | Principal | | | Value | |
| TERM LOANS (continued) | | | |
| | | | |
| Manufacturing (continued) | | | | | | | | |
| | | | | | | | | |
| Arcline FM Holdings LLC, 10.25%, (SOFR + 4.75%), 06/23/28(2) | | $ | 128,717 | | | $ | 127,752 | |
| Arcline FM Holdings LLC, 13.75%, (SOFR + 8.25%), 06/15/29(2) | | | 15,000 | | | | 14,325 | |
| Chart Industries, Inc., 9.10%, (SOFR + 3.85%), 03/15/30(2) | | | 59,850 | | | | 60,037 | |
| Filtration Group Corp., 8.93%, (SOFR + 3.61%), 10/19/28(2) | | | 107,377 | | | | 107,325 | |
| Madison IAQ LLC, 8.30%, (6-Month USD LIBOR + 3.25%), 06/21/28(2) | | | 89,771 | | | | 88,222 | |
| Safe Fleet Holdings LLC, 9.14%, (SOFR + 3.85%), 02/17/29(2) | | | 118,971 | | | | 119,131 | |
| Star US Bidco LLC, 9.67%, (SOFR + 4.35%), 03/17/27(2) | | | 24,179 | | | | 24,074 | |
| Total Manufacturing | | | | | | | 574,465 | |
| Media/Telecom - Broadcasting – 0.2% | | | | | | | | |
| Univision Comm (fka Umbrella), 8.68%, (SOFR + 3.36%), 03/15/26(2) | | | 114,707 | | | | 114,307 | |
| | | | | | | | | |
| Media/Telecom - Cable/Wireless Video – 0.2% | | | | | | | | |
| Directv Financing LLC, 10.43%, (SOFR + 5.00%), 08/02/27(2) | | | 121,844 | | | | 121,273 | |
| | | | | | | | | |
| Media/Telecom - Diversified Media – 0.3% | | | | | | | | |
| McGraw-Hill Education, Inc., 9.99%, (6-Month USD LIBOR + 4.75%), 07/28/28(2) | | | 23,580 | | | | 22,967 | |
| Neilson Holdings, 10.40%, (SOFR + 5.10%), 04/11/29(2) | | | 124,688 | | | | 110,920 | |
| William Morris Endeavor Entertainment LLC, 8.18%, (SOFR + 2.86%), 05/18/25(2) | | | 36,289 | | | | 36,292 | |
| Total Media/Telecom - Diversified Media | | | | | | | 170,179 | |
| Media/Telecom - Telecommunications – 0.1% | | | | | | | | |
| Altice France SA/France, 9.26%, (3-Month USD LIBOR + 3.69%), 01/31/26(2) | | | 28,934 | | | | 25,806 | |
| Cincinnati Bell, Inc., 8.67%, (SOFR + 3.35%), 11/17/28(2) | | | 59,848 | | | | 57,256 | |
| Total Media/Telecom - Telecommunications | | | | | | | 83,062 | |
| Metals/Minerals – 0.1% | | | | | | | | |
| Covia Holdings LLC, 0.00%, (SOFR + 0.00%), 07/31/26(7) | | | 60,000 | | | | 59,725 | |
| Covia Holdings LLC, 2.75%, (SOFR + 4.26%), 07/31/26(2) | | | 35,000 | | | | 34,840 | |
| Total Metals/Minerals | | | | | | | 94,565 | |
| Retail – 0.4% | | | | | | | | |
| EG America LLC, 0.00%, (1-Month USD LIBOR + 0.00%), 02/07/25(7) | | | 110,000 | | | | 109,777 | |
| PetSmart, Inc., 9.17%, (SOFR + 3.85%), 02/11/28(2) | | | 128,690 | | | | 128,804 | |
| West Marine (Rising Tide), 10.26%, (SOFR + 5.00%), 06/01/28(2) | | | 15,060 | | | | 8,509 | |
| Total Retail | | | | | | | 247,090 | |
| Service – 2.3% | | | | | | | | |
| AlixPartners, LLP, 8.18%, (SOFR + 2.86%), 02/04/28(2) | | | 114,707 | | | | 114,685 | |
| Apex Group Treasury LLC, 9.07%, (3-Month USD LIBOR + 3.75%), 07/27/28(2) | | | 29,475 | | | | 29,236 | |
| Brightview Landscapes LLC, 8.62%, (SOFR + 3.25%), 04/07/29(2) | | | 118,924 | | | | 118,577 | |
| Carlisle FoodService Products, Inc., 8.42%, (SOFR + 3.10%), 03/20/25(2) | | | 29,407 | | | | 27,882 | |
| DXP Enterprises, Inc., 10.44%, (SOFR + 5.25%), 12/23/27(2) | | | 98,976 | | | | 99,471 | |
| Ensemble RCM LLC, 9.22%, (SOFR + 3.85%), 08/03/26(2) | | | 4,987 | | | | 4,988 | |
| Fortrea, Inc., 8.99%, (SOFR + 3.75%), 06/12/30(2) | | | 95,000 | | | | 95,238 | |
| Garda World Security Corp., 9.64%, (SOFR + 4.35%), 10/30/26(2) | | | 10,000 | | | | 10,004 | |
| Kindercare (Kuehg Corp.), 10.24%, (SOFR + 10.00%), 05/23/30(2) | | | 80,000 | | | | 79,736 | |
| NAB Holdings LLC, 8.39%, (SOFR + 3.15%), 11/23/28(2) | | | 104,734 | | | | 104,708 | |
| Peraton Corp., 9.17%, (SOFR + 3.75%), 02/01/28(2) | | | 169,241 | | | | 168,223 | |
| Pike Corp., 8.43%, (SOFR + 3.11%), 01/21/28(2) | | | 170,000 | | | | 170,009 | |
| Sweetwater Borrower LLC, 0.00%, (1-Month USD LIBOR + 0.00%), 08/03/28(7) | | | 65,000 | | | | 62,887 | |
| TMF Sapphire, 0.00%, (1-Month USD LIBOR + 0.00%), 05/27/28(7) | | | 35,000 | | | | 35,164 | |
| University Support Services LLC, 8.67%, (SOFR + 3.35%), 06/29/28(2) | | | 126,080 | | | | 125,654 | |
| Weld North Education LLC, 9.18%, (SOFR + 3.86%), 12/21/27(2) | | | 104,870 | | | | 104,040 | |
| Total Service | | | | | | | 1,350,502 | |
| Transportation - Automotive – 0.4% | | | | | | | | |
| American Axle, 8.78%, (SOFR + 3.60%), 12/06/29(2) | | | 103,425 | | | | 103,468 | |
| PAI Holdco, Inc., 9.38%, (SOFR + 3.75%), 10/28/27(2) | | | 44,433 | | | | 41,701 | |
| Power Solutions, 9.07%, (SOFR + 3.75%), 05/06/30(2) | | | 80,000 | | | | 80,090 | |
| Total Transportation - Automotive | | | | | | | 225,259 | |
| Utilities – 0.2% | | | | | | | | |
| Brookfield WEC Holdings, Inc., 8.18%, (SOFR + 2.75%), 08/01/25(2) | | | 136,608 | | | | 136,584 | |
| | | | | | | | | |
| Total Term Loans | | | | | | | | |
| (Cost $7,724,549) | | | | | | | 7,793,810 | |
| MORTGAGE BACKED SECURITIES - 12.1% | | | | | | | | |
| Asset Backed Security - 0.2% | | | | | | | | |
| Mission Lane Credit Card Master Trust, Class A, Series 2023-A, 7.23%, 07/17/28(1) | | | 133,000 | | | | 132,237 | |
Security Description | | Principal | | | Value | |
| MORTGAGE BACKED SECURITIES (continued) | | | |
| Commercial Mortgage Backed Securities - 2.9% | | | | | | | | |
| BPR Trust, Class A, Series 2022-OANA, 7.21%, (SOFR + 1.90%), 04/15/37(1)(2) | | $ | 250,000 | | | $ | 244,942 | |
| BX Trust, Class A, Series 2022-CLS, 5.76%, 10/13/27(1) | | | 94,000 | | | | 90,274 | |
| BX Trust, Class D, Series 2019-OC11, 4.08%, 12/09/41(1)(2)(8) | | | 85,000 | | | | 71,240 | |
| COMM Mortgage Trust, Class A1, Series 2013-300P, 4.35%, 08/10/30(1) | | | 165,000 | | | | 151,627 | |
| COMM Mortgage Trust, Class B, Series 2020-CBM, 3.10%, 02/10/37(1) | | | 45,000 | | | | 41,890 | |
| Extended Stay America Trust, Class C, Series 2021-ESH, 7.12%, (SOFR + 1.81%), 07/15/38(1)(2) | | | 317,072 | | | | 310,627 | |
| JPMBB Commercial Mortgage Securities Trust, Class AS, Series 2014-C18, 4.44%, 02/15/47(2)(8) | | | 144,000 | | | | 139,816 | |
| KNDL Mortgage Trust, Class A, Series 2019-KNSQ, 6.31%, (SOFR + 1.00%), 05/15/36(1)(2) | | | 392,000 | | | | 390,380 | |
| MIRA Trust, Class A, Series 2023-MILE, 6.75%, 06/10/38(1) | | | 145,000 | | | | 144,606 | |
| Morgan Stanley Bank of America Merrill Lynch Trust, Class AS, Series 2015-C22, 3.56%, 04/15/48 | | | 60,000 | | | | 56,253 | |
| WFRBS Commercial Mortgage Trust, Class AS, Series 2014-C24, 3.93%, 11/15/47 | | | 50,000 | | | | 47,665 | |
| Total Commercial Mortgage Backed Securities | | | | | | | 1,689,320 | |
| Mortgage Backed Security - 1.9% | | | | | | | | |
| Federal National Mortgage Association, 3.50%, 05/01/49 | | | 26,056 | | | | 23,920 | |
| Federal National Mortgage Association, 5.00%, 11/01/52 | | | 440,193 | | | | 430,545 | |
| Federal National Mortgage Association, 4.50%, 11/01/52 | | | 416,931 | | | | 399,409 | |
| Federal National Mortgage Association, 5.50%, 07/01/53 | | | 288,442 | | | | 286,584 | |
| Total Mortgage Backed Security | | | | | | | 1,140,458 | |
| Residential Mortgage Backed Securities - 7.1% | | | | | | | | |
| Ajax Mortgage Loan Trust, Class A1, Series 2019-D, 2.96%, 09/25/65(1)(6) | | | 54,158 | | | | 50,009 | |
| AMSR Trust, Class D, Series 2021-SFR3, 2.18%, 10/17/38(1) | | | 100,000 | | | | 86,426 | |
| Angel Oak Mortgage Trust, Class A1, Series 2021-7, 1.98%, 10/25/66(1)(2)(8) | | | 367,220 | | | | 304,963 | |
| Arroyo Mortgage Trust, Class A1, Series 2019-1, 3.81%, 01/25/49(1)(2)(8) | | | 124,062 | | | | 116,680 | |
| Arroyo Mortgage Trust, Class A1, Series 2019-2, 3.35%, 04/25/49(1)(2)(8) | | | 109,717 | | | | 102,343 | |
| CAFL Issuer LLC, Class A1, Series 2021-RTL1, 2.24%, 03/28/29(1)(6) | | | 100,000 | | | | 92,976 | |
| Cascade MH Asset Trust, Class A1, Series 2021-MH1, 1.75%, 02/25/46(1) | | | 75,479 | | | | 64,464 | |
| CIM Trust, Class A1, Series 2022-R2, 3.75%, 12/25/61(1)(2)(8) | | | 255,624 | | | | 234,785 | |
| COLT Mortgage Pass-Through Certificates, Class A1, Series 2021-1R, 0.86%, 05/25/65(1)(2)(8) | | | 26,670 | | | | 22,144 | |
| CSMC Trust, Class A1, Series 2020-RPL4, 2.00%, 01/25/60(1)(2)(8) | | | 102,394 | | | | 88,397 | |
| Deephaven Residential Mortgage Trust, Class A1, Series 2022-1, 2.21%, 01/25/67(1)(2)(8) | | | 83,910 | | | | 73,946 | |
| Ellington Financial Mortgage Trust, Class A1, Series 2022-1, 2.21%, 01/25/67(1)(2)(8) | | | 128,815 | | | | 107,181 | |
| INTOWN Mortgage Trust, Class A, Series 2022-STAY, 7.80%, (SOFR + 2.49%), 08/15/39(1)(2) | | | 159,000 | | | | 159,485 | |
| MetLife Securitization Trust, Class A1A, Series 2019-1A, 3.75%, 04/25/58(1)(2)(8) | | | 326,932 | | | | 313,061 | |
| Mill City Mortgage Loan Trust, Class B1, Series 2017-3, 3.25%, 01/25/61(1)(2)(8) | | | 98,157 | | | | 80,939 | |
| New Residential Mortgage Loan Trust, Class A1, Series 2016-1A, 3.75%, 03/25/56(1)(2)(8) | | | 39,445 | | | | 36,469 | |
| New Residential Mortgage Loan Trust, Class M2, Series 2019-RPL2, 3.75%, 02/25/59(1)(2)(8) | | | 100,000 | | | | 85,061 | |
| RCKT Mortgage Trust, Class A1A, Series 2023-CES1, 6.52%, 06/25/43(1)(2)(8) | | | 168,069 | | | | 168,083 | |
| RCKT Mortgage Trust, Class A1, Series 2020-1, 3.00%, 02/25/50(1)(2)(8) | | | 20,955 | | | | 17,817 | |
| Sequoia Mortgage Trust, Class B1, Series 2013-8, 3.48%, 06/25/43(2)(8) | | | 61,122 | | | | 57,644 | |
| SG Residential Mortgage Trust, Class A1, Series 2019-3, 2.70%, 09/25/59(1)(2)(8) | | | 3,307 | | | | 3,214 | |
| Starwood Mortgage Residential Trust, Class A1, Series 2020-1, 2.28%, 02/25/50(1)(2)(8) | | | 46,604 | | | | 43,321 | |
| Towd Point Mortgage Trust, Class A2, Series 2017-1, 3.50%, 10/25/56(1)(2)(8) | | | 100,000 | | | | 96,352 | |
| Towd Point Mortgage Trust, Class A2, Series 2017-4, 3.00%, 06/25/57(1)(2)(8) | | | 225,000 | | | | 199,959 | |
| Towd Point Mortgage Trust, Class A2, Series 2018-2, 3.50%, 03/25/58(1)(2)(8) | | | 310,000 | | | | 284,914 | |
| Towd Point Mortgage Trust, Class A2, Series 2018-6, 3.75%, 03/25/58(1)(2)(8) | | | 100,000 | | | | 87,596 | |
| Towd Point Mortgage Trust, Class M1, Series 2020-1, 3.50%, 01/25/60(1)(2)(8) | | | 100,000 | | | | 82,136 | |
| Towd Point Mortgage Trust, Class A2, Series 2021-1, 2.75%, 11/25/61(1)(2)(8) | | | 100,000 | | | | 79,525 | |
| Towd Point Mortgage Trust, Class A1, Series 2022-1, 3.75%, 07/25/62(1)(2)(8) | | | 527,080 | | | | 487,030 | |
| Verus Securitization Trust, Class A1, Series 2022-4, 4.47%, 04/25/67(1)(6) | | | 83,005 | | | | 79,798 | |
| Verus Securitization Trust, Class A1, Series 2022-5, 3.80%, 04/25/67(1)(6) | | | 96,279 | | | | 89,334 | |
| Verus Securitization Trust, Class A1, Series 2022-6, 4.91%, 06/25/67(1)(6) | | | 123,645 | | | | 119,965 | |
Security Description | | Principal | | | Value | |
| MORTGAGE BACKED SECURITIES (continued) | | | |
| Residential Mortgage Backed Securities (continued) | | | | | | | | |
| Verus Securitization Trust, Class A1, Series 2022-7, 5.15%, 07/25/67(1)(6) | | $ | 90,289 | | | $ | 87,400 | |
| Visio Trust, Class A1, Series 2019-2, 2.72%, 11/25/54(1)(2)(8) | | | 259,183 | | | | 245,616 | |
| Total Residential Mortgage Backed Securities | | | | | | | 4,249,033 | |
| Total Mortgage Backed Securities | | | | | | | | |
| (Cost $7,384,249) | | | | | | | 7,211,048 | |
| U.S. GOVERNMENT SECURITIES – 10.3% | | | | | | | | |
| U.S. Treasury Bond | | | | | | | | |
| 1.88%, 11/15/51 | | | 115,000 | | | | 73,623 | |
| 4.00%, 11/15/52 | | | 1,675,000 | | | | 1,673,953 | |
| U.S. Treasury Note | | | | | | | | |
| 0.13%, 08/31/23 | | | 515,000 | | | | 512,795 | |
| 2.50%, 04/30/24 | | | 275,000 | | | | 269,123 | |
| 0.63%, 12/31/27 | | | 2,215,000 | | | | 1,894,863 | |
| 4.00%, 02/28/30 | | | 225,000 | | | | 223,611 | |
| 1.88%, 02/15/32 | | | 1,635,000 | | | | 1,388,856 | |
| 4.13%, 11/15/32 | | | 135,000 | | | | 136,582 | |
| Total U.S. Government Securities | | | | | | | | |
| (Cost $6,265,119) | | | | | | | 6,173,406 | |
| ASSET BACKED SECURITIES – 8.9% | | | | | | | | |
| ACHV ABS Trust, Class B, Series 2023-1PL, 6.80%, 03/18/30(1) | | | 150,000 | | | | 150,035 | |
| Affirm Asset Securitization Trust, Class 1A, Series 2022-A, 4.30%, 05/17/27(1) | | | 70,000 | | | | 68,285 | |
| Applebee’s Funding LLC / Ihop Funding LLC, Class A2, Series 2023-1A, 7.82%, 03/05/53(1) | | | 109,000 | | | | 108,162 | |
| Aqua Finance Trust, Class A, Series 2017-A, 3.72%, 11/15/35(1) | | | 39,625 | | | | 39,190 | |
| Arbys Funding LLC, Class A2, Series 2020-1A, 3.24%, 07/30/50(1) | | | 67,900 | | | | 60,212 | |
| Avant Credit Card Master Trust, Class A, Series 2021-1A, 1.37%, 04/15/27(1) | | | 50,000 | | | | 45,813 | |
| Avis Budget Rental Car Funding AESOP LLC, Class A, Series 2020-2A, 2.02%, 02/20/27(1) | | | 179,000 | | | | 162,805 | |
| BHG Securitization Trust, Class A, Series 2021-A, 1.42%, 11/17/33(1) | | | 214,878 | | | | 200,911 | |
| BHG Securitization Trust, Class B, Series 2021-B, 1.67%, 10/17/34(1) | | | 100,000 | | | | 88,872 | |
| Business Jet Securities LLC, Class A, Series 2020-1A, 2.98%, 11/15/35(1) | | | 4,842 | | | | 4,531 | |
| Carvana Auto Receivables Trust, Class D, Series 2019-3A, 3.04%, 04/15/25(1) | | | 13,737 | | | | 13,675 | |
| Carvana Auto Receivables Trust, Class E, Series 2019-3A, 4.60%, 07/15/26(1) | | | 55,000 | | | | 54,060 | |
| CCG Receivables Trust, Class A2, Series 2023-1, 5.82%, 09/16/30(1) | | | 135,000 | | | | 135,173 | |
| CF Hippolyta LLC, Class A1, Series 2020-1, 1.69%, 07/15/60(1) | | | 89,945 | | | | 81,099 | |
| Conn Funding II LP, Class B, Series 2022-A, 9.52%, 12/15/26(1) | | | 63,180 | | | | 63,317 | |
| CPS Auto Receivables Trust, Class D, Series 2022-D, 8.73%, 01/16/29(1) | | | 100,000 | | | | 104,338 | |
| CPS Auto Receivables Trust, Class E, Series 2019-D, 3.86%, 10/15/25(1) | | | 55,000 | | | | 54,056 | |
| Dext ABS LLC, Class A2, Series 2023-1, 5.99%, 03/15/32(1) | | | 115,000 | | | | 113,492 | |
| DT Auto Owner Trust, Class D, Series 2023-1A, 6.44%, 11/15/28(1) | | | 155,000 | | | | 153,338 | |
| Encina Equipment Finance LLC, Class B, Series 2022-1A, 5.15%, 01/16/29(1) | | | 100,000 | | | | 96,551 | |
| Exeter Automobile Receivables Trust, Class B, Series 2023-2A, 5.61%, 09/15/27 | | | 185,000 | | | | 183,373 | |
| Exeter Automobile Receivables Trust, Class E, Series 2019-2A, 4.68%, 05/15/26(1) | | | 55,000 | | | | 54,395 | |
| FAT Brands Royalty LLC, Class A2, Series 2021-1A, 4.75%, 04/25/51(1) | | | 50,000 | | | | 46,029 | |
| FHF Trust, Class A2, Series 2023-1A, 6.57%, 06/15/28(1) | | | 125,000 | | | | 123,912 | |
| GLS Auto Receivables Issuer Trust, Class D, Series 2022-2A, 6.15%, 04/17/28(1) | | | 65,000 | | | | 64,199 | |
| Hardee’s Funding LLC, Class A2, Series 2020-1A, 3.98%, 12/20/50(1) | | | 239,850 | | | | 203,383 | |
| Hertz Vehicle Financing III LLC, Class C, Series 2022-1A, 2.63%, 06/25/26(1) | | | 170,000 | | | | 156,430 | |
| Hertz Vehicle Financing LLC, Class D, Series 2022-4A, 6.56%, 09/25/26(1) | | | 65,000 | | | | 61,825 | |
| Hotwire Funding LLC, Class C, Series 2021-1, 4.46%, 11/20/51(1) | | | 65,000 | | | | 54,190 | |
| Jack in the Box Funding LLC, Class A2I, Series 2022-1A, 3.45%, 02/26/52(1) | | | 199,875 | | | | 178,795 | |
| LAD Auto Receivables Trust, Class A, Series 2022-1A, 5.21%, 06/15/27(1) | | | 56,701 | | | | 56,102 | |
| LAD Auto Receivables Trust, Class D, Series 2021-1A, 3.99%, 11/15/29(1) | | | 55,000 | | | | 50,234 | |
| LAD Auto Receivables Trust, Class D, Series 2023-2A, 6.30%, 02/15/31(1) | | | 135,000 | | | | 132,931 | |
| Lendbuzz Securitization Trust, Class A2, Series 2023-2A, 7.09%, 10/16/28(1) | | | 134,000 | | | | 133,183 | |
| Lobel Automobile Receivables Trust, Class B, Series 2023-1, 7.05%, 09/15/28(1) | | | 160,000 | | | | 157,551 | |
| MAPS Trust, Class A, Series 2021-1A, 2.52%, 06/15/46(1) | | | 34,500 | | | | 29,906 | |
| MVW Owner Trust, Class A, Series 2019-1A, 2.89%, 11/20/36(1) | | | 20,564 | | | | 19,679 | |
| NMEF Funding LLC, Class B, Series 2021-A, 1.85%, 12/15/27(1) | | | 65,000 | | | | 63,658 | |
| Octane Receivables Trust, Class B, Series 2020-1A, 1.98%, 06/20/25(1) | | | 107,000 | | | | 105,503 | |
| OneMain Direct Auto Receivables Trust, Class C, Series 2022-1A, 5.31%, 06/14/29(1) | | | 55,000 | | | | 52,992 | |
| Oportun Funding LLC, Class A, Series 2022-1, 3.25%, 06/15/29(1) | | | 15,528 | | | | 15,337 | |
Security Description | | Principal | | | Value | |
| ASSET BACKED SECURITIES (continued) | | | |
| Santander Drive Auto Receivables Trust, Class B, Series 2023-1, 4.98%, 02/15/28 | | $ | 294,000 | | | $ | 288,876 | |
| Santander Drive Auto Receivables Trust, Class C, Series 2022-5, 4.74%, 10/16/28 | | | 100,000 | | | | 97,499 | |
| SoFi Consumer Loan Program Trust, Class A, Series 2022-1S, 6.21%, 04/15/31(1) | | | 43,075 | | | | 43,088 | |
| Taco Bell Funding LLC, Class A23, Series 2016-1A, 4.97%, 05/25/46(1) | | | 72,380 | | | | 69,850 | |
| Tesla Auto Lease Trust, Class B, Series 2023-A, 6.41%, 07/20/27(1) | | | 147,000 | | | | 146,771 | |
| TRP LLC, Class A, Series 2021-1, 2.07%, 06/19/51(1) | | | 66,941 | | | | 57,673 | |
| United Auto Credit Securitization Trust, Class C, Series 2023-1, 6.28%, 07/10/28(1) | | | 203,000 | | | | 201,119 | |
| Upstart Securitization Trust, Class B, Series 2021-2, 1.75%, 06/20/31(1) | | | 56,268 | | | | 55,241 | |
| Veros Automobile Receivables Trust, Class B, Series 2022-1, 4.39%, 08/16/27(1) | | | 214,000 | | | | 208,926 | |
| Westlake Automobile Receivables Trust, Class C, Series 2020-3A, 1.24%, 11/17/25(1) | | | 23,956 | | | | 23,704 | |
| Westlake Automobile Receivables Trust, Class C, Series 2023-1A, 5.74%, 08/15/28(1) | | | 205,000 | | | | 202,563 | |
| ZAXBY’S Funding LLC, Class A2, Series 2021-1A, 3.24%, 07/30/51(1) | | | 231,280 | | | | 192,563 | |
| Total Asset Backed Securities | | | | | | | | |
| (Cost $5,440,928) | | | | | | | 5,329,395 | |
| MUNICIPAL BONDS – 0.2% | | | | | | | | |
| Broward County Fl Water & Sewer Utility Revenue, 4.00%, 10/01/47 | | | 40,000 | | | | 39,300 | |
| Metropolitan Transportation Authority, 5.00%, 11/15/45 | | | 60,000 | | | | 65,816 | |
| Sales Tax Securitization Corp., 3.41%, 01/01/43 | | | 5,000 | | | | 3,864 | |
| Total Municipal Bonds | | | | | | | | |
| (Cost $117,840) | | | | | | | 108,980 | |
| MONEY MARKET FUND - 2.0% | | | | | | | | |
JP Morgan U.S. Government Money Market Institutional Shares, 5.12%(9)
(Cost $1,190,113) | | | 1,190,113 | | | | 1,190,113 | |
| | | | | | | | | |
| TOTAL INVESTMENTS - 101.0% | | | | | | | | |
| (Cost $61,068,736) | | | | | | | 60,380,632 | |
| Liabilities in Excess of Other Assets - (1.0)% | | | | | | | (587,083 | ) |
| Net Assets - 100.0% | | | | | | $ | 59,793,549 | |
| | | | | | | | | |
Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the rollforward of Level 3 securities and assumptions are not shown for the period ended July 31, 2023.
