| Common Stocks — 59.7% |
| Security | Shares | Value | |
| Aerospace & Defense — 0.9% | |||
| Safran S.A. | 14,253 | $ 2,049,517 | |
| $ 2,049,517 | |||
| Air Freight & Logistics — 0.6% | |||
| GXO Logistics, Inc.(1) | 27,738 | $ 1,451,530 | |
| $ 1,451,530 | |||
| Automobiles — 0.6% | |||
| Stellantis NV | 47,652 | $ 749,137 | |
| Tesla, Inc.(1) | 3,650 | 632,253 | |
| $ 1,381,390 | |||
| Banks — 3.3% | |||
| Banco Santander S.A. | 572,916 | $ 2,002,307 | |
| Citigroup, Inc. | 19,891 | 1,038,708 | |
| HDFC Bank, Ltd. | 65,884 | 1,298,366 | |
| HSBC Holdings PLC | 120,224 | 885,852 | |
| ING Groep NV | 21,302 | 308,459 | |
| M&T Bank Corp. | 5,932 | 925,392 | |
| U.S. Bancorp | 24,624 | 1,226,275 | |
| $ 7,685,359 | |||
| Beverages — 2.0% | |||
| Coca-Cola Co. (The) | 49,086 | $ 3,009,953 | |
| Diageo PLC | 39,573 | 1,730,372 | |
| $ 4,740,325 | |||
| Biotechnology — 0.5% | |||
| CSL, Ltd. | 5,787 | $ 1,221,927 | |
| $ 1,221,927 | |||
| Building Products — 0.7% | |||
| Assa Abloy AB, Class B | 41,989 | $ 989,104 | |
| Daikin Industries, Ltd. | 3,097 | 537,932 | |
| $ 1,527,036 | |||
| Capital Markets — 1.4% | |||
| Bank of New York Mellon Corp. (The) | 3,693 | $ 186,755 | |
| State Street Corp. | 26,629 | 2,432,027 | |
| Stifel Financial Corp. | 10,745 | 724,320 | |
| $ 3,343,102 | |||
| Security | Shares | Value | |
| Chemicals — 0.3% | |||
| Sika AG | 2,412 | $ 685,362 | |
| $ 685,362 | |||
| Diversified Financial Services — 0.7% | |||
| Berkshire Hathaway, Inc., Class B(1) | 5,245 | $ 1,633,922 | |
| $ 1,633,922 | |||
| Electric Utilities — 1.9% | |||
| Enel SpA | 185,409 | $ 1,091,710 | |
| Iberdrola S.A. | 145,952 | 1,712,275 | |
| NextEra Energy, Inc. | 20,455 | 1,526,557 | |
| $ 4,330,542 | |||
| Electrical Equipment — 1.6% | |||
| AMETEK, Inc. | 12,139 | $ 1,759,184 | |
| Schneider Electric SE | 11,379 | 1,845,851 | |
| $ 3,605,035 | |||
| Electronic Equipment, Instruments & Components — 2.7% | |||
| CDW Corp. | 12,122 | $ 2,376,276 | |
| Halma PLC | 37,153 | 989,162 | |
| Keyence Corp. | 1,870 | 860,890 | |
| Keysight Technologies, Inc.(1) | 4,813 | 863,211 | |
| Riverbed Technology, Inc.(1)(2) | 3,977 | 1,999 | |
| TE Connectivity, Ltd. | 9,419 | 1,197,626 | |
| $ 6,289,164 | |||
| Entertainment — 1.2% | |||
| Walt Disney Co. (The)(1) | 25,796 | $ 2,798,608 | |
| $ 2,798,608 | |||
| Equity Real Estate Investment Trusts (REITs) — 0.5% | |||
| American Tower Corp. | 2,955 | $ 660,117 | |
| Healthpeak Properties, Inc. | 19,485 | 535,448 | |
| $ 1,195,565 | |||
| Food Products — 2.5% | |||
| Mondelez International, Inc., Class A | 34,904 | $ 2,284,118 | |
| Nestle S.A. | 28,076 | 3,425,526 | |
| $ 5,709,644 | |||
| Gas Utilities — 0.2% | |||
| Snam SpA | 106,762 | $ 543,795 | |
| $ 543,795 | |||
| Security | Shares | Value | |
| Health Care Equipment & Supplies — 2.4% | |||
| Alcon, Inc. | 9,732 | $ 734,362 | |
| Boston Scientific Corp.(1) | 45,211 | 2,091,009 | |
| Intuitive Surgical, Inc.(1) | 5,640 | 1,385,691 | |
| Siemens Healthineers AG(3) | 10,172 | 545,511 | |
| Straumann Holding AG | 5,907 | 773,445 | |
| $ 5,530,018 | |||
| Health Care Providers & Services — 0.9% | |||
| Elevance Health, Inc. | 4,127 | $ 2,063,459 | |
| $ 2,063,459 | |||
| Hotels, Restaurants & Leisure — 1.5% | |||
| Compass Group PLC | 108,745 | $ 2,597,701 | |
| InterContinental Hotels Group PLC | 12,895 | 895,217 | |
| $ 3,492,918 | |||
| Industrial Conglomerates — 0.9% | |||
| Siemens AG | 12,872 | $ 2,010,674 | |
| $ 2,010,674 | |||
| Insurance — 2.1% | |||
| AIA Group, Ltd. | 112,085 | $ 1,267,417 | |
| Allstate Corp. (The) | 3,512 | 451,187 | |
| Assurant, Inc. | 3,346 | 443,646 | |
| Aviva PLC | 72,807 | 410,620 | |
| AXA S.A. | 35,341 | 1,102,605 | |
| RenaissanceRe Holdings, Ltd. | 5,720 | 1,119,347 | |
| $ 4,794,822 | |||
| Interactive Media & Services — 1.8% | |||
| Alphabet, Inc., Class C(1) | 40,945 | $ 4,089,177 | |
| $ 4,089,177 | |||
| Internet & Direct Marketing Retail — 1.3% | |||
| Amazon.com, Inc.(1) | 29,256 | $ 3,017,171 | |
| $ 3,017,171 | |||
| IT Services — 1.8% | |||
| Amadeus IT Group S.A.(1) | 15,592 | $ 982,357 | |
| Fidelity National Information Services, Inc. | 17,996 | 1,350,420 | |
| Visa, Inc., Class A | 7,546 | 1,737,165 | |
| $ 4,069,942 | |||
| Security | Shares | Value | |
| Leisure Products — 0.5% | |||
| Yamaha Corp. | 28,006 | $ 1,088,987 | |
| $ 1,088,987 | |||
| Life Sciences Tools & Services — 0.6% | |||
| Danaher Corp. | 2,894 | $ 765,116 | |
| Lonza Group AG | 961 | 548,194 | |
| $ 1,313,310 | |||
| Machinery — 0.7% | |||
| Ingersoll Rand, Inc. | 23,257 | $ 1,302,392 | |
| Kone Oyj, Class B | 6,163 | 335,641 | |
| $ 1,638,033 | |||
| Metals & Mining — 0.7% | |||
| Anglo American PLC | 11,350 | $ 489,530 | |
| Rio Tinto, Ltd. | 13,256 | 1,189,557 | |
| $ 1,679,087 | |||
| Multiline Retail — 0.2% | |||
| Dollar Tree, Inc.(1) | 2,734 | $ 410,592 | |
| $ 410,592 | |||
| Multi-Utilities — 0.2% | |||
| CMS Energy Corp. | 8,069 | $ 509,880 | |
| $ 509,880 | |||
| Oil, Gas & Consumable Fuels — 2.8% | |||
| Chevron Corp. | 13,558 | $ 2,359,363 | |
| EOG Resources, Inc. | 30,347 | 4,013,391 | |
| Phillips 66 | 2,171 | 217,686 | |
| $ 6,590,440 | |||
| Personal Products — 0.3% | |||
| Kose Corp. | 6,007 | $ 662,770 | |
| $ 662,770 | |||
| Pharmaceuticals — 5.9% | |||
| AstraZeneca PLC | 11,541 | $ 1,512,015 | |
| Eli Lilly & Co. | 10,732 | 3,693,418 | |
| Novo Nordisk A/S, Class B | 24,134 | 3,339,899 | |
| Roche Holding AG PC | 5,541 | 1,729,736 | |
| Sanofi | 18,821 | 1,843,035 | |
| Zoetis, Inc. | 9,931 | 1,643,481 | |
| $ 13,761,584 | |||
| Security | Shares | Value | |
| Professional Services — 1.6% | |||
| Recruit Holdings Co., Ltd. | 26,791 | $ 861,605 | |
| RELX PLC | 52,649 | 1,564,144 | |
| SGS S.A. | 141 | 342,791 | |
| Verisk Analytics, Inc. | 5,699 | 1,036,021 | |
| $ 3,804,561 | |||
| Semiconductors & Semiconductor Equipment — 3.1% | |||
| ASML Holding NV | 4,097 | $ 2,710,770 | |
| Infineon Technologies AG | 42,053 | 1,514,348 | |
| Micron Technology, Inc. | 23,468 | 1,415,120 | |
| Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 17,765 | 1,647,349 | |
| $ 7,287,587 | |||
| Software — 3.9% | |||
| Adobe, Inc.(1) | 4,647 | $ 1,720,970 | |
| Dassault Systemes SE | 16,512 | 614,096 | |
| Intuit, Inc. | 2,870 | 1,213,063 | |
| Microsoft Corp. | 22,225 | 5,507,577 | |
| $ 9,055,706 | |||
| Specialty Retail — 1.8% | |||
| Lowe's Cos., Inc. | 8,931 | $ 1,859,881 | |
| TJX Cos., Inc. (The) | 27,633 | 2,262,037 | |
| $ 4,121,918 | |||
| Technology Hardware, Storage & Peripherals — 1.5% | |||
| Apple, Inc. | 23,576 | $ 3,401,781 | |
| $ 3,401,781 | |||
| Textiles, Apparel & Luxury Goods — 0.6% | |||
| LVMH Moet Hennessy Louis Vuitton SE | 1,625 | $ 1,418,585 | |
| $ 1,418,585 | |||
| Tobacco — 0.2% | |||
| Imperial Brands PLC | 20,947 | $ 525,481 | |
| $ 525,481 | |||
| Trading Companies & Distributors — 0.8% | |||
| Ashtead Group PLC | 14,097 | $ 928,552 | |
| IMCD NV | 6,455 | 1,023,323 | |
| $ 1,951,875 | |||
| Total Common Stocks (identified cost $92,331,523) | $138,482,181 | ||
| Convertible Bonds — 0.1% |
| Security | Principal Amount (000's omitted) | Value | |
| Leisure Products — 0.1% | |||
| Peloton Interactive, Inc., 0.00%, 2/15/26 | $ | 310 | $ 240,258 |
| $ 240,258 | |||
| Transportation — 0.0%(4) | |||
| CryoPort, Inc., 0.75%, 12/1/26(3) | $ | 135 | $ 105,813 |
| $ 105,813 | |||
| Total Convertible Bonds (identified cost $384,233) | $ 346,071 | ||
| Convertible Preferred Stocks — 0.1% |
| Security | Shares | Value | |
| Health Care Equipment & Supplies — 0.1% | |||
| Becton Dickinson and Co., Series B, 6.00% | 3,268 | $ 164,577 | |
| $ 164,577 | |||
| Software — 0.0%(4) | |||
| Riverbed Technology, Inc., Series A, 6.50%, (1.50% cash, 5.00% PIK)(1)(2) | 2,480 | $ 1,252 | |
| $ 1,252 | |||
| Total Convertible Preferred Stocks (identified cost $244,405) | $ 165,829 | ||
| Corporate Bonds — 36.1% |
| Security | Principal Amount (000's omitted)* | Value | |
| Aerospace & Defense — 0.9% | |||
| Moog, Inc., 4.25%, 12/15/27(3) | 170 | $ 157,885 | |
| Rolls-Royce PLC, 5.75%, 10/15/27(3) | 492 | 479,114 | |
| Spirit AeroSystems, Inc.: | |||
| 4.60%, 6/15/28 | 54 | 45,469 | |
| 9.375%, 11/30/29(3) | 133 | 144,707 | |
| TransDigm UK Holdings PLC, 6.875%, 5/15/26 | 200 | 198,386 | |
| TransDigm, Inc.: | |||
| 4.625%, 1/15/29 | 185 | 167,162 | |
| 5.50%, 11/15/27 | 106 | 101,346 | |
| 6.25%, 3/15/26(3) | 419 | 419,326 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Aerospace & Defense (continued) | |||
| TransDigm, Inc.: (continued) | |||
| 7.50%, 3/15/27 | 327 | $ 329,976 | |
| $ 2,043,371 | |||
| Airlines — 0.7% | |||
| Air Canada, 3.875%, 8/15/26(3) | 101 | $ 93,562 | |
| Air France-KLM: | |||
| 7.25%, 5/31/26(5) | EUR | 300 | 328,347 |
| 8.125%, 5/31/28(5) | EUR | 300 | 323,142 |
| American Airlines, Inc./AAdvantage Loyalty IP, Ltd.: | |||
| 5.50%, 4/20/26(3) | 314 | 308,178 | |
| 5.75%, 4/20/29(3) | 144 | 139,477 | |
| Deutsche Lufthansa AG, 2.875%, 2/11/25(5) | EUR | 200 | 209,099 |
| United Airlines, Inc., 4.625%, 4/15/29(3) | 193 | 176,339 | |
| $ 1,578,144 | |||
| Auto Components — 0.5% | |||
| Clarios Global, L.P./Clarios US Finance Co.: | |||
| 4.375%, 5/15/26(5) | EUR | 578 | $ 601,557 |
| 8.50%, 5/15/27(3) | 194 | 193,497 | |
| IHO Verwaltungs GmbH, 6.375%, (6.375% cash or 7.125% PIK), 5/15/29(3)(6) | 200 | 175,252 | |
| Real Hero Merger Sub 2, Inc., 6.25%, 2/1/29(3) | 54 | 40,174 | |
| TI Automotive Finance PLC, 3.75%, 4/15/29(5) | EUR | 200 | 169,052 |
| Wheel Pros, Inc., 6.50%, 5/15/29(3) | 213 | 86,213 | |
| $ 1,265,745 | |||
| Automobiles — 0.6% | |||
| Ford Motor Co.: | |||
| 3.25%, 2/12/32 | 364 | $ 289,364 | |
| 4.75%, 1/15/43 | 197 | 154,004 | |
| 9.625%, 4/22/30 | 26 | 30,634 | |
| Ford Motor Credit Co., LLC: | |||
| 3.37%, 11/17/23 | 200 | 195,490 | |
| 4.125%, 8/17/27 | 555 | 512,704 | |
| 5.125%, 6/16/25 | 200 | 196,779 | |
| $ 1,378,975 | |||
| Automotives — 0.2% | |||
| Goodyear Tire & Rubber Co. (The): | |||
| 5.00%, 7/15/29 | 281 | $ 247,908 | |
| 5.25%, 7/15/31 | 185 | 156,561 | |
| $ 404,469 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Banks — 1.8% | |||
| Banco Mercantil del Norte S.A./Grand Cayman, 7.625% to 1/10/28(3)(7)(8) | 200 | $ 198,078 | |
| Bank of America Corp., Series TT, 6.125% to 4/27/27(7)(8) | 89 | 89,312 | |
| Bank of Nova Scotia (The), 8.625% to 10/27/27, 10/27/82(8) | 200 | 213,094 | |
| Barclays PLC, 8.00% to 3/15/29(7)(8) | 200 | 201,330 | |
| BNP Paribas S.A., 7.75% to 8/16/29(3)(7)(8) | 200 | 207,500 | |
| Citigroup, Inc., Series W, 4.00% to 12/10/25(7)(8) | 51 | 47,310 | |
| Credit Suisse Group AG, 9.75% to 6/23/27(3)(7)(8) | 200 | 194,500 | |
| Farm Credit Bank of Texas, Series 3, 6.20% to 6/15/28(3)(7)(8) | 220 | 199,100 | |
| HSBC Holdings PLC, 4.60% to 12/17/30(7)(8) | 200 | 170,050 | |
| Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30(7)(8) | 125 | 123,400 | |
| JPMorgan Chase & Co.: | |||
| Series KK, 3.65% to 6/1/26(7)(8) | 251 | 229,351 | |
| Series S, 6.75% to 2/1/24(7)(8) | 215 | 217,302 | |
| Lloyds Banking Group PLC, 7.50% to 9/27/25(7)(8) | 200 | 198,550 | |
| PNC Financial Services Group, Inc. (The), Series V, 6.20% to 9/15/27(7)(8) | 100 | 100,280 | |
| Societe Generale S.A., 5.375% to 11/18/30(3)(7)(8) | 200 | 172,486 | |
| SVB Financial Group: | |||
| 4.10% to 2/15/31(7)(8) | 311 | 232,472 | |
| Series C, 4.00% to 5/15/26(7)(8) | 58 | 46,508 | |
| Toronto-Dominion Bank (The), 8.125% to 10/31/27, 10/31/82(8) | 200 | 212,750 | |
| Truist Financial Corp., Series Q, 5.10% to 3/1/30(7)(8) | 77 | 74,998 | |
| UBS Group AG, 4.375% to 2/10/31(3)(7)(8) | 200 | 164,480 | |
| UniCredit SpA, 7.296% to 4/2/29, 4/2/34(3)(8) | 200 | 194,662 | |
| Vivion Investments S.a.r.l., 3.00%, 8/8/24(5) | EUR | 200 | 183,913 |
| Wells Fargo & Co., Series BB, 3.90% to 3/15/26(7)(8) | 167 | 154,058 | |
| Zions Bancorp NA, 5.80% to 6/15/23(7)(8) | 268 | 264,397 | |
| $ 4,089,881 | |||
| Biotechnology — 0.5% | |||
| Grifols Escrow Issuer S.A.: | |||
| 3.875%, 10/15/28(5) | EUR | 925 | $ 859,021 |
| 4.75%, 10/15/28(3) | 280 | 243,883 | |
| $ 1,102,904 | |||
| Building Products — 1.3% | |||
| Builders FirstSource, Inc.: | |||
| 4.25%, 2/1/32(3) | 204 | $ 175,812 | |
| 5.00%, 3/1/30(3) | 90 | 84,046 | |
| HT Troplast GmbH, 9.25%, 7/15/25(5) | EUR | 650 | 686,862 |
| Security | Principal Amount (000's omitted)* | Value | |
| Building Products (continued) | |||
| KB Home: | |||
| 4.00%, 6/15/31 | 11 | $ 9,185 | |
| 4.80%, 11/15/29 | 71 | 63,794 | |
| Standard Industries, Inc.: | |||
| 2.25%, 11/21/26(5) | EUR | 400 | 379,013 |
| 4.375%, 7/15/30(3) | 275 | 235,392 | |
| 5.00%, 2/15/27(3) | 78 | 74,017 | |
| Taylor Morrison Communities, Inc., 5.75%, 1/15/28(3) | 196 | 190,340 | |
| Victoria PLC, 3.625%, 8/24/26(5) | EUR | 806 | 715,934 |
| WASH Multifamily Acquisition, Inc., 5.75%, 4/15/26(3) | 346 | 319,710 | |
| $ 2,934,105 | |||
| Capital Markets — 0.2% | |||
| AerCap Holdings NV, 5.875% to 10/10/24, 10/10/79(8) | 150 | $ 143,886 | |
| Charles Schwab Corp. (The), Series I, 4.00% to 6/1/26(7)(8) | 259 | 238,966 | |
| $ 382,852 | |||
| Casino & Gaming — 0.1% | |||
| Cinemark USA, Inc.: | |||
| 5.875%, 3/15/26(3) | 67 | $ 60,258 | |
| 8.75%, 5/1/25(3) | 48 | 48,939 | |
| Speedway Motorsports, LLC/Speedway Funding II, Inc., 4.875%, 11/1/27(3) | 250 | 233,670 | |
| $ 342,867 | |||
| Chemicals — 0.5% | |||
| ASP Unifrax Holdings, Inc., 5.25%, 9/30/28(3) | 139 | $ 119,259 | |
| Avient Corp., 7.125%, 8/1/30(3) | 102 | 102,890 | |
| Diamond BC B.V., 4.625%, 10/1/29(3) | 157 | 132,268 | |
| Herens Holdco S.a.r.l., 4.75%, 5/15/28(3) | 201 | 163,849 | |
| NOVA Chemicals Corp.: | |||
| 4.25%, 5/15/29(3) | 203 | 174,336 | |
| 4.875%, 6/1/24(3) | 56 | 55,228 | |
| Nufarm Australia, Ltd./Nufarm Americas, Inc., 5.00%, 1/27/30(3) | 172 | 156,422 | |
| Valvoline, Inc.: | |||
| 3.625%, 6/15/31(3) | 128 | 107,871 | |
| 4.25%, 2/15/30(3) | 224 | 220,508 | |
| $ 1,232,631 | |||
| Commercial Services & Supplies — 1.7% | |||
| Adtalem Global Education, Inc., 5.50%, 3/1/28(3) | 266 | $ 247,892 | |
| APi Group DE, Inc., 4.75%, 10/15/29(3) | 55 | 49,120 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Commercial Services & Supplies (continued) | |||
| Clean Harbors, Inc.: | |||
| 4.875%, 7/15/27(3) | 101 | $ 97,569 | |
| 5.125%, 7/15/29(3) | 61 | 58,642 | |
| 6.375%, 2/1/31(3) | 38 | 38,754 | |
| EC Finance PLC, 3.00%, 10/15/26(5) | EUR | 274 | 271,629 |
| Gartner, Inc.: | |||
| 3.75%, 10/1/30(3) | 187 | 165,981 | |
| 4.50%, 7/1/28(3) | 151 | 143,638 | |
| GFL Environmental, Inc.: | |||
| 3.50%, 9/1/28(3) | 265 | 236,669 | |
| 3.75%, 8/1/25(3) | 130 | 123,698 | |
| 4.75%, 6/15/29(3) | 343 | 310,036 | |
| HealthEquity, Inc., 4.50%, 10/1/29(3) | 153 | 137,172 | |
| Hertz Corp. (The): | |||
| 4.625%, 12/1/26(3) | 29 | 25,846 | |
| 5.00%, 12/1/29(3) | 230 | 188,315 | |
| Korn Ferry, 4.625%, 12/15/27(3) | 233 | 219,264 | |
| Madison IAQ, LLC, 5.875%, 6/30/29(3) | 323 | 256,756 | |
| Metis Merger Sub, LLC, 6.50%, 5/15/29(3) | 243 | 207,433 | |
| MoneyGram International, Inc., 5.375%, 8/1/26(3) | 249 | 253,495 | |
| NESCO Holdings II, Inc., 5.50%, 4/15/29(3) | 206 | 185,284 | |
| Paprec Holding S.A., 3.50%, 7/1/28(5) | EUR | 352 | 333,127 |
| PROG Holdings, Inc., 6.00%, 11/15/29(3) | 139 | 117,985 | |
| Team Health Holdings, Inc., 6.375%, 2/1/25(3) | 235 | 155,147 | |
| Tervita Corp., 11.00%, 12/1/25(3) | 123 | 133,424 | |
| $ 3,956,876 | |||
| Construction & Engineering — 0.1% | |||
| TopBuild Corp., 4.125%, 2/15/32(3) | 263 | $ 223,421 | |
| $ 223,421 | |||
| Construction Materials — 0.2% | |||
| Smyrna Ready Mix Concrete, LLC, 6.00%, 11/1/28(3) | 454 | $ 415,085 | |
| $ 415,085 | |||
| Consumer Finance — 0.3% | |||
| CPUK Finance, Ltd., 4.875%, 2/28/47(5) | GBP | 278 | $ 327,385 |
| PRA Group, Inc.: | |||
| 5.00%, 10/1/29(3) | 37 | 31,816 | |
| 7.375%, 9/1/25(3) | 261 | 259,160 | |
| $ 618,361 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Containers & Packaging — 0.7% | |||
| Ardagh Metal Packaging Finance USA, LLC/Ardagh Metal Packaging Finance PLC, 3.00%, 9/1/29(5) | EUR | 400 | $ 339,739 |
| Canpack S.A./Canpack US, LLC, 3.875%, 11/15/29(3) | 312 | 259,453 | |
| Kleopatra Finco S.a.r.l., 4.25%, 3/1/26(5) | EUR | 479 | 438,866 |
| LABL, Inc., 5.875%, 11/1/28(3) | 66 | 59,771 | |
| Schoeller Packaging BV, 6.375%, 11/1/24(5) | EUR | 450 | 337,560 |
| Sealed Air Corp., 6.125%, 2/1/28(3) | 78 | 78,772 | |
| Verallia S.A., 1.875%, 11/10/31(5) | EUR | 100 | 87,504 |
| $ 1,601,665 | |||
| Cosmetics/Personal Care — 0.1% | |||
| Edgewell Personal Care Co.: | |||
| 4.125%, 4/1/29(3) | 74 | $ 64,552 | |
| 5.50%, 6/1/28(3) | 180 | 170,671 | |
| $ 235,223 | |||
| Distributors — 0.5% | |||
| BCPE Empire Holdings, Inc., 7.625%, 5/1/27(3) | 451 | $ 423,214 | |
| Parts Europe S.A., 6.342%, (3 mo. EURIBOR + 4.00%), 7/20/27(5)(9) | EUR | 350 | 379,551 |
| Performance Food Group, Inc.: | |||
| 4.25%, 8/1/29(3) | 315 | 281,497 | |
| 5.50%, 10/15/27(3) | 169 | 162,875 | |
| $ 1,247,137 | |||
| Diversified Consumer Services — 0.3% | |||
| GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC, 7.125%, 7/31/26(5) | 750 | $ 741,236 | |
| $ 741,236 | |||
| Diversified Financial Services — 1.9% | |||
| AG TTMT Escrow Issuer, LLC, 8.625%, 9/30/27(3) | 145 | $ 149,794 | |
| Allied Universal Holdco, LLC/Allied Universal Finance Corp.: | |||
| 6.625%, 7/15/26(3) | 485 | 467,538 | |
| 9.75%, 7/15/27(3) | 203 | 194,134 | |
| Ally Financial, Inc., Series B, 4.70% to 5/15/26(7)(8) | 270 | 222,919 | |
| Alpha Holding S.A. de CV, 9.00%, 2/10/25(3)(10) | 189 | 2,828 | |
| American AgCredit Corp., Series QIB, 5.25% to 6/15/26(3)(7)(8) | 250 | 220,312 | |
| Bread Financial Holdings, Inc., 4.75%, 12/15/24(3) | 194 | 176,332 | |
| Compass Group Diversified Holdings, LLC, 5.25%, 4/15/29(3) | 65 | 58,574 | |
| Encore Capital Group, Inc.: | |||
| 5.375%, 2/15/26(5) | GBP | 180 | 201,663 |
| Security | Principal Amount (000's omitted)* | Value | |
| Diversified Financial Services (continued) | |||
| Encore Capital Group, Inc.: (continued) | |||
| 6.538%, (3 mo. EURIBOR + 4.25%), 1/15/28(5)(9) | EUR | 300 | $ 316,206 |
| Icahn Enterprises, L.P./Icahn Enterprises Finance Corp.: | |||
| 6.25%, 5/15/26 | 99 | 97,792 | |
| 6.375%, 12/15/25 | 120 | 119,099 | |
| Intrum AB, 9.25%, 3/15/28(5) | EUR | 125 | 140,480 |
| Jane Street Group/JSG Finance, Inc., 4.50%, 11/15/29(3) | 305 | 272,700 | |
| Jefferson Capital Holdings, LLC, 6.00%, 8/15/26(3) | 343 | 286,815 | |
| Louvre Bidco S.A.S., 6.50%, 9/30/24(5) | EUR | 310 | 329,265 |
| Oxford Finance, LLC/Oxford Finance Co-Issuer II, Inc., 6.375%, 2/1/27(3) | 160 | 153,243 | |
| Rocket Mortgage, LLC/Rocket Mortgage Co.-Issuer, Inc.: | |||
| 2.875%, 10/15/26(3) | 156 | 139,291 | |
| 3.625%, 3/1/29(3) | 202 | 170,684 | |
| 4.00%, 10/15/33(3) | 30 | 23,831 | |
| Sherwood Financing PLC, 6.00%, 11/15/26(5) | GBP | 420 | 418,898 |
| VistaJet Malta Finance PLC/XO Management Holding, Inc., 6.375%, 2/1/30(3) | 348 | 307,441 | |
| $ 4,469,839 | |||
| Diversified Telecommunication Services — 0.4% | |||
| Level 3 Financing, Inc., 4.25%, 7/1/28(3) | 324 | $ 257,180 | |
| Lorca Telecom Bondco S.A., 4.00%, 9/18/27(5) | EUR | 650 | 649,242 |
| $ 906,422 | |||
| Electric Utilities — 1.5% | |||
| Dominion Energy, Inc., Series C, 4.35% to 1/15/27(7)(8) | 93 | $ 83,700 | |
| Electricite de France SA, 7.50% to 9/6/28, 12/31/29(5)(7)(8) | EUR | 200 | 223,283 |
| Enviva Partners, L.P./Enviva Partners Finance Corp., 6.50%, 1/15/26(3) | 435 | 406,529 | |
| FirstEnergy Corp.: | |||
| 2.65%, 3/1/30 | 53 | 45,352 | |
| Series B, 4.40%, 7/15/27 | 257 | 245,923 | |
| Imola Merger Corp., 4.75%, 5/15/29(3) | 370 | 322,433 | |
| NextEra Energy Operating Partners, L.P.: | |||
| 4.25%, 9/15/24(3) | 9 | 8,426 | |
| 4.50%, 9/15/27(3) | 205 | 193,210 | |
| NRG Energy, Inc.: | |||
| 3.375%, 2/15/29(3) | 106 | 87,763 | |
| 3.625%, 2/15/31(3) | 177 | 140,458 | |
| 3.875%, 2/15/32(3) | 195 | 152,074 | |
| 5.25%, 6/15/29(3) | 122 | 110,256 | |
| Pattern Energy Operations, L.P./Pattern Energy Operations, Inc., 4.50%, 8/15/28(3) | 199 | 182,840 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Electric Utilities (continued) | |||
| Sempra Energy, 4.125% to 1/1/27, 4/1/52(8) | 167 | $ 146,433 | |
| Southern California Edison Co., Series E, 8.639%, (3 mo. USD LIBOR + 4.199%)(7)(9) | 101 | 100,243 | |
| Southern Co. (The): | |||
| Series 21-A, 3.75% to 6/15/26, 9/15/51(8) | 120 | 104,742 | |
| Series B, 4.00% to 10/15/25, 1/15/51(8) | 56 | 53,415 | |
| TerraForm Power Operating, LLC, 5.00%, 1/31/28(3) | 237 | 222,917 | |
| TransAlta Corp., 7.75%, 11/15/29 | 166 | 170,905 | |
| Vistra Operations Co., LLC: | |||
| 4.375%, 5/1/29(3) | 173 | 152,382 | |
| 5.00%, 7/31/27(3) | 232 | 218,658 | |
| $ 3,371,942 | |||
| Electronic Equipment, Instruments & Components — 0.1% | |||
| Coherent Corp., 5.00%, 12/15/29(3) | 138 | $ 125,530 | |
| Sensata Technologies B.V., 5.00%, 10/1/25(3) | 57 | 56,443 | |
| WESCO Distribution, Inc., 7.25%, 6/15/28(3) | 153 | 156,948 | |
| $ 338,921 | |||
| Entertainment — 1.0% | |||
| Caesars Entertainment, Inc.: | |||
| 6.25%, 7/1/25(3) | 417 | $ 415,811 | |
| 7.00%, 2/15/30(3)(11) | 100 | 101,875 | |
| 8.125%, 7/1/27(3) | 56 | 56,901 | |
| CDI Escrow Issuer, Inc., 5.75%, 4/1/30(3) | 233 | 221,081 | |
| Cinemark USA, Inc., 5.25%, 7/15/28(3) | 206 | 169,105 | |
| Jacobs Entertainment, Inc., 6.75%, 2/15/29(3) | 278 | 258,960 | |
| LHMC Finco 2 S.a.r.l., 7.25%, (7.25% cash or 8.00% PIK), 10/2/25(5)(6) | EUR | 564 | 569,040 |
| Lottomatica SpA, 6.25%, 7/15/25(5) | EUR | 200 | 216,143 |
| Scientific Games International, Inc., 7.00%, 5/15/28(3) | 216 | 214,131 | |
| SeaWorld Parks & Entertainment, Inc., 5.25%, 8/15/29(3) | 65 | 58,834 | |
| $ 2,281,881 | |||
| Equity Real Estate Investment Trusts (REITs) — 0.3% | |||
| Brookfield Property REIT, Inc./BPR Cumulus, LLC/BPR Nimbus, LLC/GGSI Sellco, LLC, 4.50%, 4/1/27(3) | 307 | $ 269,965 | |
| CTR Partnership, L.P./CareTrust Capital Corp., 3.875%, 6/30/28(3) | 250 | 224,140 | |
| HAT Holdings I, LLC/HAT Holdings II, LLC, 3.375%, 6/15/26(3) | 200 | 177,754 | |
| $ 671,859 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Food Products — 0.7% | |||
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC: | |||
| 4.875%, 2/15/30(3) | 138 | $ 127,126 | |
| 5.875%, 2/15/28(3) | 181 | 177,128 | |
| Chobani, LLC/Chobani Finance Corp., Inc., 7.50%, 4/15/25(3) | 213 | 209,238 | |
| Darling Ingredients, Inc., 6.00%, 6/15/30(3) | 110 | 109,589 | |
| Kraft Heinz Foods Co.: | |||
| 4.375%, 6/1/46 | 44 | 38,486 | |
| 5.50%, 6/1/50 | 34 | 34,739 | |
| Land O' Lakes, Inc., 8.00%(3)(7) | 235 | 222,348 | |
| Nomad Foods Bondco PLC, 2.50%, 6/24/28(5) | EUR | 571 | 533,120 |
| Pilgrim's Pride Corp., 3.50%, 3/1/32(3) | 316 | 257,891 | |
| $ 1,709,665 | |||
| Gas Utilities — 0.1% | |||
| NiSource, Inc., 5.65% to 6/15/23(7)(8) | 280 | $ 273,016 | |
| $ 273,016 | |||
| Health Care Equipment & Supplies — 1.4% | |||
| Centene Corp.: | |||
| 3.375%, 2/15/30 | 135 | $ 118,889 | |
| 4.625%, 12/15/29 | 140 | 133,181 | |
| Compass Minerals International, Inc., 6.75%, 12/1/27(3) | 399 | 389,750 | |
| LifePoint Health, Inc., 5.375%, 1/15/29(3) | 170 | 113,767 | |
| Medline Borrower, L.P., 5.25%, 10/1/29(3) | 531 | 445,353 | |
| ModivCare Escrow Issuer, Inc., 5.00%, 10/1/29(3) | 101 | 87,667 | |
| Molina Healthcare, Inc.: | |||
| 3.875%, 11/15/30(3) | 245 | 211,022 | |
| 3.875%, 5/15/32(3) | 189 | 158,725 | |
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26(3) | 190 | 166,899 | |
| Tenet Healthcare Corp.: | |||
| 4.375%, 1/15/30 | 17 | 15,137 | |
| 4.625%, 9/1/24 | 49 | 48,305 | |
| 4.875%, 1/1/26 | 290 | 282,786 | |
| 5.125%, 11/1/27 | 138 | 132,978 | |
| 6.125%, 10/1/28 | 289 | 270,562 | |
| 6.875%, 11/15/31 | 133 | 122,730 | |
| US Acute Care Solutions, LLC, 6.375%, 3/1/26(3) | 400 | 362,420 | |
| Varex Imaging Corp., 7.875%, 10/15/27(3) | 179 | 178,277 | |
| $ 3,238,448 | |||
| Health Care Providers & Services — 0.2% | |||
| Catalent Pharma Solutions, Inc., 3.50%, 4/1/30(3) | 164 | $ 135,717 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Health Care Providers & Services (continued) | |||
| Legacy LifePoint Health, LLC, 4.375%, 2/15/27(3) | 173 | $ 151,629 | |
| ModivCare, Inc., 5.875%, 11/15/25(3) | 235 | 227,450 | |
| $ 514,796 | |||
| Healthcare-Products — 0.1% | |||
| Avantor Funding, Inc., 3.875%, 7/15/28(5) | EUR | 150 | $ 151,374 |
| $ 151,374 | |||
| Hotels, Restaurants & Leisure — 0.5% | |||
| 1011778 B.C. Unlimited Liability Company/New Red Finance, Inc.: | |||
| 3.875%, 1/15/28(3) | 286 | $ 261,826 | |
| 4.375%, 1/15/28(3) | 182 | 167,708 | |
| 5.75%, 4/15/25(3) | 66 | 65,983 | |
| Lithia Motors, Inc., 4.625%, 12/15/27(3) | 91 | 84,736 | |
| MGM Resorts International, 4.75%, 10/15/28 | 184 | 167,075 | |
| Viking Cruises, Ltd., 5.875%, 9/15/27(3) | 399 | 340,503 | |
| $ 1,087,831 | |||
| Household Products — 0.1% | |||
| Spectrum Brands, Inc., 5.50%, 7/15/30(3) | 56 | $ 50,924 | |
| Tempur Sealy International, Inc., 3.875%, 10/15/31(3) | 332 | 273,955 | |
| $ 324,879 | |||
| Housewares — 0.1% | |||
| ProGroup AG, 3.00%, 3/31/26(5) | EUR | 163 | $ 166,464 |
| $ 166,464 | |||
| Independent Power and Renewable Electricity Producers — 0.3% | |||
| Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82(8) | 113 | $ 95,624 | |
| Calpine Corp.: | |||
| 5.125%, 3/15/28(3) | 273 | 247,518 | |
| 5.25%, 6/1/26(3) | 50 | 48,421 | |
| NRG Energy, Inc., 5.75%, 1/15/28 | 210 | 201,493 | |
| $ 593,056 | |||
| Industrial Conglomerates — 0.2% | |||
| Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 2/1/26(3) | 162 | $ 154,644 | |
| Gatwick Airport Finance PLC, 4.375%, 4/7/26(5) | GBP | 245 | 280,715 |
| Paprec Holding S.A., 4.00%, 3/31/25(5) | EUR | 115 | 122,131 |
| $ 557,490 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Insurance — 0.8% | |||
| Alliant Holdings Intermediate, LLC/Alliant Holdings Co-Issuer, 6.75%, 10/15/27(3) | 431 | $ 403,795 | |
| BroadStreet Partners, Inc., 5.875%, 4/15/29(3) | 27 | 23,888 | |
| Corebridge Financial, Inc., 6.875% to 9/15/27, 12/15/52(3)(8) | 187 | 186,286 | |
| Galaxy Finco, Ltd., 9.25%, 7/31/27(5) | GBP | 525 | 545,305 |
| Jones DesLauriers Insurance Management, Inc., 10.50%, 12/15/30(3) | 169 | 171,821 | |
| Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51(3)(8) | 216 | 185,164 | |
| Lincoln National Corp., 9.25% to 12/1/27(7)(8) | 38 | 42,085 | |
| Prudential Financial, Inc., 5.125% to 11/28/31, 3/1/52(8) | 60 | 56,054 | |
| QBE Insurance Group, Ltd., 5.875% to 5/12/25(3)(7)(8) | 222 | 219,225 | |
| $ 1,833,623 | |||
| Internet & Direct Marketing Retail — 0.2% | |||
| Arches Buyer, Inc.: | |||
| 4.25%, 6/1/28(3) | 82 | $ 68,990 | |
| 6.125%, 12/1/28(3) | 143 | 120,639 | |
| Match Group Holdings II, LLC, 3.625%, 10/1/31(3) | 273 | 219,436 | |
| $ 409,065 | |||
| Leisure Products — 0.7% | |||
| Life Time, Inc.: | |||
| 5.75%, 1/15/26(3) | 199 | $ 191,506 | |
| 8.00%, 4/15/26(3) | 278 | 270,355 | |
| Lindblad Expeditions, LLC, 6.75%, 2/15/27(3) | 154 | 151,218 | |
| NCL Corp., Ltd.: | |||
| 3.625%, 12/15/24(3) | 43 | 40,423 | |
| 5.875%, 3/15/26(3) | 106 | 91,821 | |
| 5.875%, 2/15/27(3) | 67 | 62,385 | |
| 7.75%, 2/15/29(3) | 56 | 48,228 | |
| NCL Finance, Ltd., 6.125%, 3/15/28(3) | 136 | 110,705 | |
| Royal Caribbean Cruises, Ltd., 11.625%, 8/15/27(3) | 201 | 213,562 | |
| Sabre GLBL, Inc.: | |||
| 9.25%, 4/15/25(3) | 205 | 210,601 | |
| 11.25%, 12/15/27(3) | 124 | 131,517 | |
| Viking Cruises, Ltd., 7.00%, 2/15/29(3) | 104 | 90,616 | |
| Viking Ocean Cruises Ship VII, Ltd., 5.625%, 2/15/29(3) | 66 | 56,510 | |
| $ 1,669,447 | |||
| Life Sciences Tools & Services — 0.1% | |||
| W.R. Grace Holdings, LLC, 4.875%, 6/15/27(3) | 245 | $ 227,617 | |
| $ 227,617 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Machinery — 0.2% | |||
| Chart Industries, Inc., 9.50%, 1/1/31(3) | 140 | $ 146,282 | |
| IMA Industria Macchine Automatiche SpA, 3.75%, 1/15/28(5) | EUR | 381 | 364,297 |
| $ 510,579 | |||
| Media — 2.0% | |||
| Altice France S.A., 8.125%, 2/1/27(3) | 458 | $ 429,934 | |
| Audacy Capital Corp., 6.75%, 3/31/29(3) | 261 | 44,733 | |
| Beasley Mezzanine Holdings, LLC, 8.625%, 2/1/26(3) | 308 | 198,275 | |
| CCO Holdings, LLC/CCO Holdings Capital Corp.: | |||
| 4.25%, 2/1/31(3) | 338 | 281,976 | |
| 4.50%, 8/15/30(3) | 343 | 293,479 | |
| 4.75%, 3/1/30(3) | 322 | 281,750 | |
| 4.75%, 2/1/32(3) | 139 | 118,345 | |
| 5.375%, 6/1/29(3) | 110 | 101,873 | |
| 6.375%, 9/1/29(3) | 253 | 244,435 | |
| Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28(3) | 52 | 44,330 | |
| CMG Media Corp., 8.875%, 12/15/27(3) | 178 | 139,127 | |
| CSC Holdings, LLC, 7.50%, 4/1/28(3) | 200 | 146,626 | |
| DISH Network Corp., 11.75%, 11/15/27(3) | 160 | 166,498 | |
| LCPR Senior Secured Financing DAC, 5.125%, 7/15/29(3) | 205 | 180,653 | |
| McGraw-Hill Education, Inc.: | |||
| 5.75%, 8/1/28(3) | 84 | 73,928 | |
| 8.00%, 8/1/29(3) | 365 | 313,537 | |
| National CineMedia, LLC: | |||
| 5.75%, 8/15/26 | 189 | 7,137 | |
| 5.875%, 4/15/28(3) | 245 | 68,910 | |
| Outfront Media Capital, LLC/Outfront Media Capital Corp.: | |||
| 4.625%, 3/15/30(3) | 54 | 46,441 | |
| 6.25%, 6/15/25(3) | 137 | 137,958 | |
| Sirius XM Radio, Inc.: | |||
| 3.125%, 9/1/26(3) | 125 | 112,693 | |
| 3.875%, 9/1/31(3) | 126 | 104,029 | |
| 5.00%, 8/1/27(3) | 218 | 206,588 | |
| Summer (BC) Holdco A S.a.r.l., 9.25%, 10/31/27(5) | EUR | 129 | 114,683 |
| Summer (BC) Holdco B S.a.r.l., 5.75%, 10/31/26(5) | EUR | 400 | 393,548 |
| Townsquare Media, Inc., 6.875%, 2/1/26(3) | 141 | 132,129 | |
| Univision Communications, Inc., 7.375%, 6/30/30(3) | 142 | 139,439 | |
| Virgin Media Vendor Financing Notes III DAC, 4.875%, 7/15/28(5) | GBP | 100 | 103,707 |
| $ 4,626,761 | |||
| Metals & Mining — 1.8% | |||
| Allegheny Ludlum, LLC, 6.95%, 12/15/25 | 598 | $ 596,167 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Metals & Mining (continued) | |||
| Arconic Corp., 6.125%, 2/15/28(3) | 101 | $ 97,171 | |
| BWX Technologies, Inc.: | |||
| 4.125%, 6/30/28(3) | 159 | 143,662 | |
| 4.125%, 4/15/29(3) | 118 | 105,744 | |
| Centennial Resource Production, LLC, 5.375%, 1/15/26(3) | 225 | 212,957 | |
| Cleveland-Cliffs, Inc., 6.75%, 3/15/26(3) | 460 | 468,064 | |
| Eldorado Gold Corp., 6.25%, 9/1/29(3) | 251 | 230,346 | |
| Freeport-McMoRan, Inc., 5.45%, 3/15/43 | 267 | 259,781 | |
| Hudbay Minerals, Inc.: | |||
| 4.50%, 4/1/26(3) | 204 | 188,215 | |
| 6.125%, 4/1/29(3) | 96 | 88,769 | |
| Infrabuild Australia Pty, Ltd., 12.00%, 10/1/24(3) | 819 | 780,290 | |
| New Gold, Inc., 7.50%, 7/15/27(3) | 377 | 350,399 | |
| Novelis Corp., 3.25%, 11/15/26(3) | 89 | 80,693 | |
| Novelis Sheet Ingot GmbH, 3.375%, 4/15/29(5) | EUR | 200 | 190,128 |
| Roller Bearing Co. of America, Inc., 4.375%, 10/15/29(3) | 253 | 228,287 | |
| TMS International Corp., 6.25%, 4/15/29(3) | 196 | 148,356 | |
| $ 4,169,029 | |||
| Oil and Gas — 0.0%(4) | |||
| Petroleos Mexicanos, 6.50%, 3/13/27 | 100 | $ 94,532 | |
| $ 94,532 | |||
| Oil, Gas & Consumable Fuels — 2.3% | |||
| Aethon United BR, L.P./Aethon United Finance Corp., 8.25%, 2/15/26(3) | 555 | $ 552,969 | |
| CrownRock, L.P./CrownRock Finance, Inc., 5.00%, 5/1/29(3) | 173 | 158,654 | |
| CVR Energy, Inc., 5.75%, 2/15/28(3) | 439 | 402,273 | |
| EnLink Midstream Partners, L.P., Series C, 8.879%, (3 mo. USD LIBOR + 4.11%)(7)(9) | 145 | 122,014 | |
| EQT Corp.: | |||
| 5.00%, 1/15/29 | 53 | 51,434 | |
| 6.125%, 2/1/25 | 69 | 69,756 | |
| 7.00%, 2/1/30 | 102 | 108,627 | |
| Nabors Industries, Ltd.: | |||
| 7.50%, 1/15/28(3) | 118 | 112,658 | |
| 9.00%, 2/1/25(3) | 151 | 154,043 | |
| Neptune Energy Bondco PLC, 6.625%, 5/15/25(3) | 200 | 197,739 | |
| Occidental Petroleum Corp., 6.625%, 9/1/30 | 254 | 269,953 | |
| Odebrecht Oil & Gas Finance, Ltd., 0.00%(3)(7) | 862 | 862 | |
| Parkland Corp.: | |||
| 4.50%, 10/1/29(3) | 110 | 94,507 | |
| 4.625%, 5/1/30(3) | 202 | 173,897 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Oil, Gas & Consumable Fuels (continued) | |||
| Permian Resources Operating, LLC: | |||
| 5.875%, 7/1/29(3) | 260 | $ 244,043 | |
| 7.75%, 2/15/26(3) | 190 | 190,181 | |
| Plains All American Pipeline, L.P., Series B, 8.716%, (3 mo. USD LIBOR + 4.11%)(7)(9) | 97 | 88,755 | |
| Precision Drilling Corp.: | |||
| 6.875%, 1/15/29(3) | 152 | 146,585 | |
| 7.125%, 1/15/26(3) | 99 | 98,165 | |
| Shelf Drilling Holdings, Ltd.: | |||
| 8.25%, 2/15/25(3) | 245 | 231,831 | |
| 8.875%, 11/15/24(3) | 71 | 71,271 | |
| Southwestern Energy Co., 4.75%, 2/1/32 | 194 | 171,255 | |
| Sunoco, L.P./Sunoco Finance Corp.: | |||
| 4.50%, 5/15/29 | 209 | 189,370 | |
| 4.50%, 4/30/30 | 226 | 201,632 | |
| Tap Rock Resources, LLC, 7.00%, 10/1/26(3) | 292 | 276,815 | |
| Targa Resources Partners, L.P./Targa Resources Partners Finance Corp.: | |||
| 4.00%, 1/15/32 | 169 | 147,795 | |
| 4.875%, 2/1/31 | 37 | 34,630 | |
| 5.50%, 3/1/30 | 36 | 35,171 | |
| Transocean Poseidon, Ltd., 6.875%, 2/1/27(3) | 158 | 158,189 | |
| Transocean, Inc., 8.75%, 2/15/30(3) | 88 | 90,849 | |
| Wintershall Dea Finance 2 BV, 2.499% to 4/20/26(5)(7)(8) | EUR | 500 | 471,228 |
| $ 5,317,151 | |||
| Pharmaceuticals — 0.9% | |||
| AdaptHealth, LLC: | |||
| 4.625%, 8/1/29(3) | 65 | $ 56,638 | |
| 5.125%, 3/1/30(3) | 78 | 69,516 | |
| 6.125%, 8/1/28(3) | 310 | 294,186 | |
| BellRing Brands, Inc., 7.00%, 3/15/30(3) | 336 | 333,958 | |
| Endo DAC/Endo Finance, LLC/Endo Finco, Inc., 5.875%, 10/15/24(3)(10) | 200 | 171,000 | |
| Endo Luxembourg Finance Co. I S.a.r.l./Endo US, Inc., 6.125%, 4/1/29(3)(10) | 247 | 194,167 | |
| Herbalife Nutrition, Ltd./HLF Financing, Inc., 7.875%, 9/1/25(3) | 217 | 203,848 | |
| Option Care Health, Inc., 4.375%, 10/31/29(3) | 140 | 121,124 | |
| P&L Development, LLC/PLD Finance Corp., 7.75%, 11/15/25(3) | 253 | 206,336 | |
| Perrigo Finance Unlimited Co., 4.40%, 6/15/30 | 400 | 351,524 | |
| $ 2,002,297 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Pipelines — 1.1% | |||
| Antero Midstream Partners, L.P./Antero Midstream Finance Corp.: | |||
| 5.75%, 3/1/27(3) | 102 | $ 99,068 | |
| 7.875%, 5/15/26(3) | 109 | 111,992 | |
| Cheniere Energy Partners, L.P., 4.00%, 3/1/31 | 233 | 209,274 | |
| Cheniere Energy, Inc., 4.625%, 10/15/28 | 239 | 227,864 | |
| DT Midstream, Inc., 4.125%, 6/15/29(3) | 172 | 151,211 | |
| Energy Transfer, L.P.: | |||
| 5.00%, 5/15/50 | 136 | 118,915 | |
| Series B, 6.625% to 2/15/28(7)(8) | 147 | 123,323 | |
| EQM Midstream Partners, L.P.: | |||
| 4.50%, 1/15/29(3) | 364 | 319,730 | |
| 6.00%, 7/1/25(3) | 43 | 42,381 | |
| 6.50%, 7/1/27(3) | 116 | 114,056 | |
| 7.50%, 6/1/30(3) | 126 | 126,004 | |
| Kinetik Holdings, L.P., 5.875%, 6/15/30(3) | 237 | 225,466 | |
| New Fortress Energy, Inc., 6.50%, 9/30/26(3) | 382 | 352,021 | |
| Venture Global Calcasieu Pass, LLC, 3.875%, 8/15/29(3) | 146 | 130,156 | |
| Western Midstream Operating, L.P.: | |||
| 4.30%, 2/1/30 | 207 | 189,877 | |
| 4.50%, 3/1/28 | 27 | 25,545 | |
| 4.75%, 8/15/28 | 24 | 22,645 | |
| $ 2,589,528 | |||
| Real Estate Investment Trusts (REITs) — 0.6% | |||
| HAT Holdings I, LLC/HAT Holdings II, LLC: | |||
| 3.75%, 9/15/30(3) | 151 | $ 115,614 | |
| 6.00%, 4/15/25(3) | 127 | 124,275 | |
| Heimstaden Bostad AB, 3.00% to 10/29/27(5)(7)(8) | EUR | 415 | 282,819 |
| VICI Properties, L.P./VICI Note Co., Inc.: | |||
| 3.75%, 2/15/27(3) | 27 | 24,980 | |
| 4.125%, 8/15/30(3) | 198 | 177,370 | |
| 4.25%, 12/1/26(3) | 300 | 283,512 | |
| 4.50%, 9/1/26(3) | 100 | 95,437 | |
| 4.625%, 12/1/29(3) | 66 | 61,547 | |
| 5.625%, 5/1/24(3) | 200 | 199,827 | |
| $ 1,365,381 | |||
| Semiconductors & Semiconductor Equipment — 0.1% | |||
| ON Semiconductor Corp., 3.875%, 9/1/28(3) | 258 | $ 235,753 | |
| $ 235,753 | |||
| Software — 0.5% | |||
| AthenaHealth Group, Inc., 6.50%, 2/15/30(3) | 306 | $ 253,912 | |
| Black Knight InfoServ, LLC, 3.625%, 9/1/28(3) | 152 | 135,280 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Software (continued) | |||
| Clarivate Science Holdings Corp., 4.875%, 7/1/29(3) | 137 | $ 120,734 | |
| Fair Isaac Corp., 4.00%, 6/15/28(3) | 165 | 153,412 | |
| Open Text Corp., 3.875%, 2/15/28(3) | 37 | 32,200 | |
| Open Text Holdings, Inc., 4.125%, 2/15/30(3) | 37 | 31,205 | |
| Playtika Holding Corp., 4.25%, 3/15/29(3) | 303 | 251,981 | |
| SS&C Technologies, Inc., 5.50%, 9/30/27(3) | 296 | 285,027 | |
| $ 1,263,751 | |||
| Specialty Retail — 2.2% | |||
| Arko Corp., 5.125%, 11/15/29(3) | 271 | $ 215,273 | |
| Asbury Automotive Group, Inc.: | |||
| 4.625%, 11/15/29(3) | 27 | 23,860 | |
| 4.75%, 3/1/30 | 228 | 199,721 | |
| 5.00%, 2/15/32(3) | 28 | 24,184 | |
| Bath & Body Works, Inc.: | |||
| 6.625%, 10/1/30(3) | 108 | 105,678 | |
| 6.75%, 7/1/36 | 80 | 72,456 | |
| 6.95%, 3/1/33 | 168 | 150,472 | |
| 7.60%, 7/15/37 | 75 | 65,776 | |
| 9.375%, 7/1/25(3) | 31 | 33,214 | |
| Dave & Buster's, Inc., 7.625%, 11/1/25(3) | 457 | 465,020 | |
| Dufry One BV, 3.375%, 4/15/28(5) | EUR | 479 | 453,048 |
| Evergreen AcqCo 1, L.P./TVI, Inc., 9.75%, 4/26/28(3)(11) | 161 | 158,656 | |
| Fertitta Entertainment, LLC/Fertitta Entertainment Finance Co., Inc., 4.625%, 1/15/29(3) | 100 | 88,388 | |
| Group 1 Automotive, Inc., 4.00%, 8/15/28(3) | 203 | 178,797 | |
| IRB Holding Corp., 7.00%, 6/15/25(3) | 98 | 98,465 | |
| Ken Garff Automotive, LLC, 4.875%, 9/15/28(3) | 155 | 133,932 | |
| LCM Investments Holdings II, LLC, 4.875%, 5/1/29(3) | 257 | 212,484 | |
| Lithia Motors, Inc., 3.875%, 6/1/29(3) | 86 | 73,194 | |
| Midco GB SASU, 7.75%, (7.75% cash or 8.50% PIK), 11/1/27(5)(6) | EUR | 285 | 282,107 |
| Patrick Industries, Inc., 7.50%, 10/15/27(3) | 30 | 29,729 | |
| PetSmart, Inc./PetSmart Finance Corp.: | |||
| 4.75%, 2/15/28(3) | 250 | 231,607 | |
| 7.75%, 2/15/29(3) | 264 | 259,833 | |
| Punch Finance PLC, 6.125%, 6/30/26(5) | GBP | 340 | 368,072 |
| Sonic Automotive, Inc.: | |||
| 4.625%, 11/15/29(3) | 172 | 143,173 | |
| 4.875%, 11/15/31(3) | 143 | 114,400 | |
| SRS Distribution, Inc., 6.00%, 12/1/29(3) | 141 | 120,647 | |
| Suburban Propane Partners, L.P./Suburban Energy Finance Corp., 5.00%, 6/1/31(3) | 135 | 117,634 | |
| Superior Plus, L.P./Superior General Partner, Inc., 4.50%, 3/15/29(3) | 254 | 224,827 | |
| Security | Principal Amount (000's omitted)* | Value | |
| Specialty Retail (continued) | |||
| Victoria's Secret & Co., 4.625%, 7/15/29(3) | 261 | $ 217,199 | |
| Yum! Brands, Inc., 3.625%, 3/15/31 | 340 | 290,327 | |
| $ 5,152,173 | |||
| Technology Hardware, Storage & Peripherals — 0.7% | |||
| Almaviva-The Italian Innovation Co. SpA, 4.875%, 10/30/26(5) | EUR | 305 | $ 314,439 |
| Booz Allen Hamilton, Inc.: | |||
| 3.875%, 9/1/28(3) | 410 | 371,356 | |
| 4.00%, 7/1/29(3) | 97 | 87,041 | |
| NCR Corp.: | |||
| 5.125%, 4/15/29(3) | 69 | 60,195 | |
| 5.25%, 10/1/30(3) | 104 | 90,050 | |
| Presidio Holdings, Inc., 8.25%, 2/1/28(3) | 158 | 152,141 | |
| Science Applications International Corp., 4.875%, 4/1/28(3) | 260 | 244,062 | |
| Seagate HDD Cayman: | |||
| 4.091%, 6/1/29 | 52 | 46,150 | |
| 9.625%, 12/1/32(3) | 248 | 281,621 | |
| $ 1,647,055 | |||
| Telecommunications — 1.4% | |||
| Altice France Holding S.A., 10.50%, 5/15/27(3) | 200 | $ 172,081 | |
| Ciena Corp., 4.00%, 1/31/30(3) | 117 | 102,529 | |
| Connect Finco S.a.r.l./Connect US Finco, LLC, 6.75%, 10/1/26(3) | 421 | 403,099 | |
| Sprint Capital Corp., 6.875%, 11/15/28 | 305 | 326,701 | |
| Sprint, LLC, 7.875%, 9/15/23 | 375 | 380,990 | |
| Telecom Italia SpA: | |||
| 2.75%, 4/15/25(5) | EUR | 140 | 142,879 |
| 4.00%, 4/11/24(5) | EUR | 200 | 213,984 |
| 6.875%, 2/15/28(5) | EUR | 100 | 108,987 |
| Telefonica Europe BV, 7.125% to 8/23/28(5)(7)(8) | EUR | 200 | 227,555 |
| T-Mobile USA, Inc.: | |||
| 2.25%, 2/15/26 | 132 | 122,529 | |
| 2.625%, 2/15/29 | 165 | 144,455 | |
| 2.875%, 2/15/31 | 99 | 84,751 | |
| 4.75%, 2/1/28 | 170 | 168,588 | |
| Viasat, Inc., 5.625%, 4/15/27(3) | 61 | 56,973 | |
| Vodafone Group PLC: | |||
| 2.625% to 5/27/26, 8/27/80(5)(8) | EUR | 220 | 217,226 |
| 4.875% to 7/3/25, 10/3/78(5)(8) | GBP | 215 | 254,844 |
| Wp/ap Telecom Holdings III BV, 5.50%, 1/15/30(5) | EUR | 259 | 236,777 |
| $ 3,364,948 | |||
| Security | Principal Amount (000's omitted)* | Value | |
| Transportation — 0.2% | |||
| Cargo Aircraft Management, Inc., 4.75%, 2/1/28(3) | 249 | $ 225,262 | |
| Seaspan Corp., 5.50%, 8/1/29(3) | 213 | 162,142 | |
| $ 387,404 | |||
| Wireless Telecommunication Services — 0.2% | |||
| Iliad Holding SASU, 6.50%, 10/15/26(3) | 258 | $ 244,646 | |
| Sprint, LLC, 7.625%, 3/1/26 | 157 | 166,254 | |
| $ 410,900 | |||
| Total Corporate Bonds (identified cost $93,249,762) | $ 83,729,825 | ||
| Preferred Stocks — 1.1% |
| Security | Shares | Value | |
| Banks — 0.1% | |||
| Farm Credit Bank of Texas, 6.75% to 9/15/23(3)(8) | 669 | $ 67,366 | |
| JPMorgan Chase & Co., Series LL, 4.625% | 4,150 | 89,183 | |
| $ 156,549 | |||
| Capital Markets — 0.1% | |||
| Affiliated Managers Group, Inc., 4.75% | 5,486 | $ 109,720 | |
| KKR Group Finance Co. IX, LLC, 4.625% | 7,175 | 141,850 | |
| Stifel Financial Corp., Series D, 4.50% | 4,600 | 88,458 | |
| $ 340,028 | |||
| Electric Utilities — 0.2% | |||
| Brookfield BRP Holdings Canada, Inc., 4.625% | 7,000 | $ 124,390 | |
| SCE Trust III, Series H, 5.75% to 3/15/24(8) | 4,892 | 109,336 | |
| SCE Trust IV, Series J, 5.375% to 9/15/25(8) | 1,911 | 38,411 | |
| SCE Trust V, Series K, 5.45% to 3/15/26(8) | 3,551 | 78,939 | |
| SCE Trust VI, 5.00% | 357 | 7,419 | |
| $ 358,495 | |||
| Equity Real Estate Investment Trusts (REITs) — 0.1% | |||
| SITE Centers Corp., Series A, 6.375% | 4,730 | $ 118,439 | |
| $ 118,439 | |||
| Insurance — 0.1% | |||
| American Equity Investment Life Holding Co., Series B, 6.625% to 9/1/25(8) | 6,466 | $ 166,241 | |
| Arch Capital Group, Ltd., Series G, 4.55% | 7,143 | 142,788 | |
| $ 309,029 | |||
| Security | Shares | Value | |
| Oil, Gas & Consumable Fuels — 0.1% | |||
| NuStar Energy, L.P., Series B, 10.379%, (3 mo. USD LIBOR + 5.643%)(9) | 11,260 | $ 261,682 | |
| $ 261,682 | |||
| Pipelines — 0.1% | |||
| Energy Transfer, L.P.: | |||
| Series C, 7.375% to 5/15/23(8) | 3,000 | $ 71,550 | |
| Series E, 7.60% to 5/15/24(8) | 4,970 | 119,280 | |
| $ 190,830 | |||
| Real Estate Management & Development — 0.1% | |||
| Brookfield Property Partners, L.P.: | |||
| Series A, 5.75% | 6,429 | $ 117,265 | |
| Series A2, 6.375% | 8,191 | 162,755 | |
| $ 280,020 | |||
| Telecommunications — 0.1% | |||
| United States Cellular Corp., 5.50% | 11,360 | $ 210,728 | |
| $ 210,728 | |||
| Trading Companies & Distributors — 0.1% | |||
| WESCO International, Inc., Series A, 10.625% to 6/22/25(8) | 12,788 | $ 347,834 | |
| $ 347,834 | |||
| Total Preferred Stocks (identified cost $2,930,013) | $ 2,573,634 | ||
| Senior Floating-Rate Loans — 1.0%(12) |
| Borrower/Description | Principal Amount (000's omitted) | Value | |
| Airlines — 0.3% | |||
| Air Canada, Term Loan, 8.13%, (3 mo. USD LIBOR + 3.50%), 8/11/28 | $ | 203 | $ 203,538 |
| Mileage Plus Holdings, LLC, Term Loan, 9.996%, (3 mo. USD LIBOR + 5.25%), 6/21/27 | 384 | 400,752 | |
| $ 604,290 | |||
| Health Care — 0.0%(4) | |||
| Pluto Acquisition I, Inc., Term Loan, 8.735%, (3 mo. USD LIBOR + 4.00%), 6/22/26 | $ | 190 | $ 138,322 |
| $ 138,322 | |||
| Borrower/Description | Principal Amount (000's omitted) | Value | |
| Health Care Technology — 0.1% | |||
| Verscend Holding Corp., Term Loan, 8.57%, (1 mo. USD LIBOR + 4.00%), 8/27/25 | $ | 246 | $ 246,251 |
| $ 246,251 | |||
| Hotels, Restaurants & Leisure — 0.1% | |||
| Spectacle Gary Holdings, LLC, Term Loan, 8.797%, (1 mo. USD LIBOR + 4.25%), 11/19/28 | $ | 201 | $ 196,874 |
| $ 196,874 | |||
| IT Services — 0.1% | |||
| Travelport Finance (Luxembourg) S.a.r.l., Term Loan, 13.48%, (3 mo. USD LIBOR + 1.50%), 6.23% cash, 7.25% PIK, 2/28/25 | $ | 235 | $ 241,956 |
| $ 241,956 | |||
| Leisure Products — 0.1% | |||
| Peloton Interactive, Inc.Term Loan, 11.757%, (SOFR + 6.50%), 5/25/27 | $ | 139 | $ 138,725 |
| $ 138,725 | |||
| Software — 0.0%(4) | |||
| GoTo Group, Inc., Term Loan, 9.297%, (1 mo. USD LIBOR + 4.75%), 8/31/27 | $ | 0(13) | $ 54 |
| Riverbed Technology, Inc., Term Loan, 12.54%, (3 mo. USD LIBOR + 8.00%), 10.54% cash, 2.00% PIK, 12/7/26 | 136 | 59,936 | |
| $ 59,990 | |||
| Specialty Retail — 0.2% | |||
| Michaels Companies, Inc., Term Loan,4/15/28(14) | $ | 70 | $ 64,278 |
| PetSmart, Inc., Term Loan, 8.411%, (SOFR + 3.75%), 2/11/28 | 381 | 379,098 | |
| $ 443,376 | |||
| Trading Companies & Distributors — 0.1% | |||
| Spin Holdco, Inc., Term Loan, 8.765%, (3 mo. USD LIBOR + 4.00%), 3/4/28 | $ | 295 | $ 234,495 |
| $ 234,495 | |||
| Total Senior Floating-Rate Loans (identified cost $2,442,905) | $ 2,304,279 | ||
| Miscellaneous — 0.0%(4) |
| Security | Principal Amount | Value | |
| Diversified Financial Services — 0.0% | |||
| Alpha Holding S.A., Escrow Certificates(1)(15) | $ | 400,000 | $ 0 |
| $ 0 | |||
| Transportation — 0.0%(4) | |||
| Hertz Corp., Escrow Certificates(1) | $ | 58,000 | $ 4,930 |
| Hertz Corp., Escrow Certificates(1) | 167,000 | 5,010 | |
| Hertz Corp., Escrow Certificates(1) | 110,000 | 3,300 | |
| $ 13,240 | |||
| Total Miscellaneous (identified cost $53,031) | $ 13,240 | ||
| Short-Term Investments — 1.1% |
| Security | Shares | Value | |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.14%(16) | 2,559,972 | $ 2,559,972 | |
| Total Short-Term Investments (identified cost $2,559,972) | $ 2,559,972 | ||
| Total Investments — 99.2% (identified cost $194,195,844) | $230,175,031 | ||
| Other Assets, Less Liabilities — 0.8% | $ 1,940,939 | ||
| Net Assets — 100.0% | $232,115,970 | ||
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
| * | In U.S. dollars unless otherwise indicated. |
| (1) | Non-income producing security. |
| (2) | Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale. |
| (3) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2023, the aggregate value of these securities is $52,115,736 or 22.5% of the Portfolio's net assets. |
| (4) | Amount is less than 0.05%. |
| (5) | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At January 31, 2023, the aggregate value of these securities is $17,316,194 or 7.5% of the Portfolio's net assets. |
| (6) | Represents a payment-in-kind security which may pay interest in additional principal at the issuer’s discretion. |
| (7) | Perpetual security with no stated maturity date but may be subject to calls by the issuer. |
| (8) | Security converts to variable rate after the indicated fixed-rate coupon period. |
| (9) | Variable rate security. The stated interest rate represents the rate in effect at January 31, 2023. |
| (10) | Issuer is in default with respect to interest and/or principal payments. |
| (11) | When-issued security. |
| (12) | Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the London Interbank Offered Rate (“LIBOR”) or the Secured Overnight Financing Rate (“SOFR”) and secondarily, the prime rate offered by one or more major United States banks (the “Prime Rate”). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold. |
| (13) | Principal amount is less than $500. |
| (14) | This Senior Loan will settle after January 31, 2023, at which time the interest rate will be determined. |
| (15) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
| (16) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2023. |
| Country Concentration of Portfolio | ||
| Country | Percentage of Total Investments | Value |
| United States | 60.4% | $139,131,370 |
| United Kingdom | 7.9 | 18,075,995 |
| France | 5.4 | 12,336,712 |
| Switzerland | 4.4 | 10,103,463 |
| Netherlands | 2.9 | 6,706,568 |
| Spain | 2.8 | 6,449,085 |
| Germany | 2.4 | 5,498,338 |
| Canada | 1.9 | 4,442,502 |
| Japan | 1.7 | 4,012,184 |
| Australia | 1.5 | 3,567,421 |
| Denmark | 1.5 | 3,339,899 |
| Italy | 1.4 | 3,190,896 |
| Luxembourg | 1.1 | 2,472,103 |
| Supranational | 0.8 | 1,778,636 |
| Taiwan | 0.7 | 1,647,349 |
| Bermuda | 0.7 | 1,500,273 |
| Hong Kong | 0.6 | 1,429,559 |
| Sweden | 0.6 | 1,412,403 |
| India | 0.6 | 1,298,366 |
| Ireland | 0.2 | 428,246 |
| Cayman Islands | 0.2 | 418,620 |
| Finland | 0.1 | 335,641 |
| United Arab Emirates | 0.1 | 303,102 |
| Mexico | 0.1 | 295,438 |
| Brazil | 0.0(1) | 862 |
| Total Investments | 100.0% | $230,175,031 |
| (1) | Amount is less than 0.05%. |
| Abbreviations: | |
| ADR | – American Depositary Receipt |
| EURIBOR | – Euro Interbank Offered Rate |
| LIBOR | – London Interbank Offered Rate |
| PC | – Participation Certificate |
| PIK | – Payment In Kind |
| SOFR | – Secured Overnight Financing Rate |
| Currency Abbreviations: | |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |
| Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Shares, end of period |
| Short-Term Investments | ||||||||
| Liquidity Fund, Institutional Class(1) | $1,319,217 | $12,385,290 | $(11,144,535) | $ — | $ — | $2,559,972 | $13,571 | 2,559,972 |
| (1) | Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
| • | Level 1 – quoted prices in active markets for identical investments |
| • | Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
| • | Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments) |
| Asset Description | Level 1 | Level 2 | Level 3* | Total |
| Common Stocks: | ||||
| Communication Services | $ 6,887,785 | $ — | $ — | $ 6,887,785 |
| Consumer Discretionary | 8,181,934 | 6,749,627 | — | 14,931,561 |
| Consumer Staples | 5,294,071 | 6,344,149 | — | 11,638,220 |
| Energy | 6,590,440 | — | — | 6,590,440 |
| Financials | 10,181,579 | 7,275,626 | — | 17,457,205 |
| Health Care | 11,642,174 | 12,248,124 | — | 23,890,298 |
| Industrials | 5,549,127 | 12,489,134 | — | 18,038,261 |
| Information Technology | 22,430,558 | 7,673,622 | — | 30,104,180 |
| Materials | — | 2,364,449 | — | 2,364,449 |
| Real Estate | 1,195,565 | — | — | 1,195,565 |
| Utilities | 2,036,437 | 3,347,780 | — | 5,384,217 |
| Total Common Stocks | $79,989,670 | $58,492,511** | $ — | $138,482,181 |
| Convertible Bonds | $ — | $ 346,071 | $ — | $ 346,071 |
| Convertible Preferred Stocks | 164,577 | 1,252 | — | 165,829 |
| Corporate Bonds | — | 83,729,825 | — | 83,729,825 |
| Preferred Stocks: | ||||
| Communication Services | 210,728 | — | — | 210,728 |
| Energy | 452,512 | — | — | 452,512 |
| Asset Description (continued) | Level 1 | Level 2 | Level 3* | Total |
| Financials | $ 738,240 | $ 67,366 | $ — | $ 805,606 |
| Industrials | 347,834 | — | — | 347,834 |
| Real Estate | 398,459 | — | — | 398,459 |
| Utilities | 358,495 | — | — | 358,495 |
| Total Preferred Stocks | $ 2,506,268 | $ 67,366 | $ — | $ 2,573,634 |
| Senior Floating-Rate Loans | $ — | $ 2,304,279 | $ — | $ 2,304,279 |
| Miscellaneous | — | 13,240 | 0 | 13,240 |
| Short-Term Investments | 2,559,972 | — | — | 2,559,972 |
| Total Investments | $85,220,487 | $144,954,544 | $0 | $230,175,031 |
| * | None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Portfolio. |
| ** | Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets. |
