Loomis Sayles Funds I NPORT-P Loomis Sayles Bond Fund (Sep 2022 report)

PORTFOLIO OF INVESTMENTS – as of September 30, 2022 (Unaudited)

Loomis Sayles Bond Fund

Principal Amount		Description	Value (†)
	Bonds and Notes – 89.2% of Net Assets
	Non-Convertible Bonds – 82.2%
		ABS Car Loan – 3.7%
$	12,980,000	American Credit Acceptance Receivables Trust, Series 2021-4, Class D, 1.820%, 2/14/2028, 144A	$	11,885,404
	3,685,000	American Credit Acceptance Receivables Trust, Series 2022-1, Class D, 2.460%, 3/13/2028, 144A		3,353,140
	13,000,000	Avis Budget Rental Car Funding AESOP LLC, Series 2018-2A, Class D, 3.040%, 3/20/2025, 144A		12,071,969
	1,680,000	Avis Budget Rental Car Funding AESOP LLC, Series 2019-2A, Class C, 4.240%, 9/22/2025, 144A		1,598,691
	6,300,000	Avis Budget Rental Car Funding AESOP LLC, Series 2019-3A, Class C, 3.150%, 3/20/2026, 144A		5,777,135
	3,880,000	Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class C, 4.250%, 2/20/2027, 144A		3,503,839
	1,745,000	Avis Budget Rental Car Funding AESOP LLC, Series 2021-1A, Class C, 2.130%, 8/20/2027, 144A		1,458,462
	3,470,000	Avis Budget Rental Car Funding AESOP LLC, Series 2021-2A, Class C, 2.350%, 2/20/2028, 144A		2,856,534
	1,255,000	CarMax Auto Owner Trust, Series 2022-1, Class D, 2.470%, 7/17/2028		1,132,470
	7,288,000	Carvana Auto Receivables Trust, Series 2021-N3, Class C, 1.020%, 6/12/2028		7,004,038
	2,825,000	Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.720%, 9/11/2028		2,700,727
	6,410,000	Carvana Auto Receivables Trust, Series 2021-N4, Class D, 2.300%, 9/11/2028		5,887,335
	6,400,000	Carvana Auto Receivables Trust, Series 2021-P3, Class C, 1.930%, 10/12/2027		5,319,913
	3,032,000	Carvana Auto Receivables Trust, Series 2021-P4, Class C, 2.330%, 2/10/2028		2,548,188
	4,020,000	Credit Acceptance Auto Loan Trust, Series 2021-3A, Class C, 1.630%, 9/16/2030, 144A		3,577,150
	8,080,000	Credit Acceptance Auto Loan Trust, Series 2021-4, Class C, 1.940%, 2/18/2031, 144A		7,269,818
	3,680,000	DT Auto Owner Trust, Series 2020-3A, Class C, 1.470%, 6/15/2026, 144A		3,573,345
	7,980,000	DT Auto Owner Trust, Series 2021-4A, Class D, 1.990%, 9/15/2027, 144A		7,147,279
	11,340,000	Exeter Automobile Receivables Trust, Series 2021-2A, Class D, 1.400%, 4/15/2027		10,349,191
	15,295,000	Exeter Automobile Receivables Trust, Series 2021-3A, Class D, 1.550%, 6/15/2027		14,007,634
	5,245,000	Flagship Credit Auto Trust, Series 2021-2, Class D, 1.590%, 6/15/2027, 144A		4,675,944
	6,565,000	Flagship Credit Auto Trust, Series 2021-3, Class D, 1.650%, 9/15/2027, 144A		5,793,824
	5,951,000	Flagship Credit Auto Trust, Series 2021-4, Class C, 1.960%, 12/15/2027, 144A		5,488,420
	5,260,000	Foursight Capital Automobile Receivables Trust, Series 2021-2, Class D, 1.920%, 9/15/2027, 144A		4,760,667
	8,425,000	GLS Auto Receivables Issuer Trust, Series 2021-2A, Class D, 1.420%, 4/15/2027, 144A		7,674,693

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Car Loan – continued
$	10,265,000	GLS Auto Receivables Issuer Trust, Series 2021-3A, Class D, 1.480%, 7/15/2027, 144A	$	9,050,281
	16,820,000	GLS Auto Receivables Issuer Trust, Series 2021-4A, Class D, 2.480%, 10/15/2027, 144A		15,194,461
	11,029,000	Hertz Vehicle Financing III LLC, Series 2022-1 1A, Class D, 4.850%, 6/25/2026, 144A		9,627,909
	8,512,000	Hertz Vehicle Financing III LLC, Series 2022-3 3A, Class D, 6.310%, 3/25/2025, 144A		8,092,052
	6,205,000	Hertz Vehicle Financing LLC, Class D, Series 2022-4A, 6.560%, 9/25/2026, 144A		5,601,737
	2,087,930	JPMorgan Chase Bank NA, Series 2021-3, Class D, 1.009%, 2/26/2029, 144A		1,971,881
	2,719,081	Santander Bank NA, Series 2021-1A, Class B, 1.833%, 12/15/2031, 144A		2,621,349
	10,510,000	Westlake Automobile Receivables Trust, Series 2021-3A, Class D, 2.120%, 1/15/2027, 144A		9,495,673
				203,071,153
		ABS Credit Card – 0.1%
	1,445,000	Brex Commercial Charge Card Master Trust, Series 2021-1, Class A, 2.090%, 7/15/2024, 144A		1,417,324
	5,000,000	Mercury Financial Credit Card Master Trust, Series 2021-1A, Class C, 4.210%, 3/20/2026, 144A		4,558,910
	1,245,000	Mission Lane Credit Card Master Trust, Series 2021-A, Class B, 2.240%, 9/15/2026, 144A		1,201,214
				7,177,448
		ABS Home Equity – 4.4%
	11,499,102	510 Asset Backed Trust, Series 2021-NPL1, Class A1, 2.240%, 6/25/2061, 144A(a)		10,445,807
	12,850,000	CAFL Issuer LLC, Series 2021-RTL1, Class A1, 2.239%, 3/28/2029, 144A(a)		11,598,179
	2,715,000	CoreVest American Finance Trust, Series 2021-1, Class C, 2.800%, 4/15/2053, 144A		2,132,362
	4,647,000	CoreVest American Finance Trust, Series 2021-2, Class C, 2.478%, 7/15/2054, 144A		3,472,681
	2,280,000	CoreVest American Finance Trust, Series 2021-3, Class D, 3.469%, 10/15/2054, 144A		1,763,910
	17,251,304	Credit Suisse Mortgage Trust, Series 2021-RPL4, Class A1, 1.796%, 12/27/2060, 144A(a)		15,858,399
	3,716,673	Credit Suisse Mortgage Trust, Series 2021-RPL6, Class M2, 3.125%, 10/25/2060, 144A		2,809,159
	7,995,000	FirstKey Homes Trust, Series 2021-SFR1, Class E1, 2.389%, 8/17/2038, 144A		6,671,144
	5,272,000	FirstKey Homes Trust, Series 2021-SFR2, Class E1, 2.258%, 9/17/2038, 144A		4,384,705
	3,120,000	FirstKey Homes Trust, Series 2021-SFR2, Class E2, 2.358%, 9/17/2038, 144A		2,563,233
	2,210,000	FRTKL, Series 2021-SFR1, Class E1, 2.372%, 9/17/2038, 144A		1,849,981
	1,930,000	FRTKL, Series 2021-SFR1, Class E2, 2.522%, 9/17/2038, 144A		1,610,778

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	1,305,876	Home Partners of America Trust, Series 2021-1, Class E, 2.577%, 9/17/2041, 144A	$	1,049,845
	12,728,054	Home Partners of America Trust, Series 2021-2, Class E1, 2.852%, 12/17/2026, 144A		10,968,930
	6,368,903	Home Partners of America Trust, Series 2021-2, Class E2, 2.952%, 12/17/2026, 144A		5,451,229
	1,845,387	Legacy Mortgage Asset Trust, Series 2020-GS5, Class A1, 3.250%, 6/25/2060, 144A(a)		1,798,958
	8,106,242	Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.750%, 4/25/2061, 144A(a)		7,520,757
	2,661,365	Legacy Mortgage Asset Trust, Series 2021-GS4, Class A1, 1.650%, 11/25/2060, 144A(a)		2,432,572
	1,720,000	Mill City Mortgage Loan Trust, Series 2019-GS1, Class M2, 3.250%, 7/25/2059, 144A(a)		1,490,880
	1,635,000	Progress Residential Trust, Series 2021-SFR4, Class E1, 2.409%, 5/17/2038, 144A		1,382,111
	1,145,000	Progress Residential Trust, Series 2021-SFR4, Class E2, 2.559%, 5/17/2038, 144A		966,504
	3,535,000	Progress Residential Trust, Series 2021-SFR5, Class E1, 2.209%, 7/17/2038, 144A		2,959,577
	925,000	Progress Residential Trust, Series 2021-SFR5, Class E2, 2.359%, 7/17/2038, 144A		769,781
	4,495,000	Progress Residential Trust, Series 2021-SFR6, Class E1, 2.425%, 7/17/2038, 144A		3,797,773
	2,300,000	Progress Residential Trust, Series 2021-SFR6, Class E2, 2.525%, 7/17/2038, 144A		1,925,814
	5,280,000	Progress Residential Trust, Series 2021-SFR7, Class E1, 2.591%, 8/17/2040, 144A		4,134,318
	1,445,000	Progress Residential Trust, Series 2021-SFR7, Class E2, 2.640%, 8/17/2040, 144A		1,125,421
	1,705,000	Progress Residential Trust, Series 2021-SFR9, Class E1, 2.811%, 11/17/2040, 144A		1,326,872
	1,175,000	Progress Residential Trust, Series 2021-SFR9, Class E2, 3.010%, 11/17/2040, 144A		907,788
	7,213,981	PRPM LLC, Series 2021-10, Class A1, 2.487%, 10/25/2026, 144A(a)		6,574,613
	12,504,867	PRPM LLC, Series 2021-3, Class A1, 1.867%, 4/25/2026, 144A(a)		11,385,905
	11,994,796	PRPM LLC, Series 2021-4, Class A1, 1.867%, 4/25/2026, 144A(a)		10,914,353
	10,707,273	PRPM LLC, Series 2021-5, Class A1, 1.793%, 6/25/2026, 144A(a)		9,629,965
	7,658,894	PRPM LLC, Series 2021-8, Class A1, 1.743%, 9/25/2026, 144A(a)		6,993,277
	8,303,285	PRPM LLC, Series 2021-9, Class A1, 2.363%, 10/25/2026, 144A(a)		7,665,228
	9,865,000	PRPM LLC, Series 2022-5, Class A1, 6.900%, 9/27/2027, 144A(a)		9,776,549
	12,050,000	Toorak Mortgage Corp., Series 2021-1, Class A1, 2.240%, 6/25/2024, 144A(a)		11,432,028
	170,000	Towd Point Mortgage Trust, Series 2015-4, Class M2, 3.750%, 4/25/2055, 144A(a)		167,483

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Home Equity – continued
$	3,660,000	Towd Point Mortgage Trust, Series 2016-3, Class M2, 4.000%, 4/25/2056, 144A(a)	$	3,541,786
	430,000	Towd Point Mortgage Trust, Series 2017-3, Class A2, 3.000%, 7/25/2057, 144A(a)		409,291
	1,690,000	Towd Point Mortgage Trust, Series 2017-4, Class M2, 3.250%, 6/25/2057, 144A(a)		1,448,208
	1,960,000	Towd Point Mortgage Trust, Series 2018-5, Class M1, 3.250%, 7/25/2058, 144A(a)		1,579,122
	1,195,000	Towd Point Mortgage Trust, Series 2019-4, Class M1, 3.500%, 10/25/2059, 144A(a)		992,046
	905,000	Towd Point Mortgage Trust, Series 2020-1, Class A2B, 3.250%, 1/25/2060, 144A(a)		769,116
	495,000	Towd Point Mortgage Trust, Series 2020-2, Class A2B, 3.000%, 4/25/2060, 144A(a)		397,747
	2,015,000	Tricon Residential Trust, Series 2021-SFR1, Class E1, 2.794%, 7/17/2038, 144A		1,726,821
	5,360,000	Tricon Residential Trust, Series 2021-SFR1, Class E2, 2.894%, 7/17/2038, 144A		4,604,272
	16,313,011	VCAT Asset Securitization LLC, Series 2021-NPL6, Class A1, 1.917%, 9/25/2051, 144A(a)		15,164,723
	284,309	VCAT LLC, Series 2021-NPL1, Class A1, 2.289%, 12/26/2050, 144A(a)		272,214
	10,188,091	VCAT LLC, Series 2021-NPL5, Class A1, 1.868%, 8/25/2051, 144A(a)		9,321,898
	8,932,865	VOLT XCIV LLC, Series 2021-NPL3, Class A1, 2.240%, 2/27/2051, 144A(a)		8,283,590
				238,219,703
		ABS Other – 2.8%
	1,290,000	Affirm Asset Securitization Trust, Series 2021-B, Class C, 1.400%, 8/17/2026, 144A		1,159,921
	7,280,152	Apollo Aviation Securitization Equity Trust, Series 2021-1A, Class A, 2.950%, 11/16/2041, 144A		5,805,717
	2,410,000	Aqua Finance Trust, Series 2021-A, Class B, 2.400%, 7/17/2046, 144A		1,992,463
	13,505,000	BHG Securitization Trust, Series 2022-A, Class B, 2.700%, 2/20/2035, 144A		11,632,175
	1,986,301	Castlelake Aircraft Structured Trust, Series 2017-1R, Class A, 2.741%, 8/15/2041, 144A		1,743,001
	11,901,263	CLI Funding VIII LLC, Series 2021-1A, Class A, 1.640%, 2/18/2046, 144A		10,188,623
	10,778,550	DB Master Finance LLC, Series 2021-1A, Class A2II, 2.493%, 11/20/2051, 144A		8,815,722
	847,001	Elara HGV Timeshare Issuer LLC, Series 2021-A, Class C, 2.090%, 8/27/2035, 144A		742,147
	3,565,000	FREED ABS Trust, Series 2022-1FP, Class D, 3.350%, 3/19/2029, 144A		3,236,595
	1,630,000	Freedom Financial Trust, Series 2021-2, Class C, 1.940%, 6/19/2028, 144A		1,570,896
	3,495,000	Freedom Financial Trust, Series 2021-3FP, Class D, 2.370%, 11/20/2028, 144A		3,099,894

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Other – continued
$	73,421	HIN Timeshare Trust, Series 2020-A, Class C, 3.420%, 10/09/2039, 144A	$	67,225
	3,980,000	HPEFS Equipment Trust, Series 2021-1A, Class D, 1.030%, 3/20/2031, 144A		3,753,462
	3,645,000	HPEFS Equipment Trust, Series 2022-1A, Class D, 2.400%, 11/20/2029, 144A		3,326,039
	10,247,764	Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A, 2.636%, 10/15/2046, 144A		8,987,699
	20,945,565	MAPS Trust, Series 2021-1A, Class A, 2.521%, 6/15/2046, 144A		17,455,950
	1,733,000	Marlette Funding Trust, Series 2021-2A, Class C, 1.500%, 9/15/2031, 144A		1,591,383
	3,210,000	Marlette Funding Trust, Series 2021-3A, Class C, 1.810%, 12/15/2031, 144A		2,805,083
	12,845,222	MVW LLC, Series 2021-2A, Class C, 2.230%, 5/20/2039, 144A		11,398,426
	15,647,158	Navigator Aircraft ABS Ltd., Series 2021-1, Class A, 2.771%, 11/15/2046, 144A(a)		13,296,631
	3,250,000	Nelnet Student Loan Trust, Series 2021-A, Class B2, 2.850%, 4/20/2062, 144A		2,567,472
	1,145,000	OneMain Financial Issuance Trust, Series 2018-2A, Class A, 3.570%, 3/14/2033, 144A		1,123,988
	1,835,000	OneMain Financial Issuance Trust, Series 2020-2A, Class A, 1.750%, 9/14/2035, 144A		1,615,482
	5,485,000	OneMain Financial Issuance Trust, Series 2021-1A, Class D, 2.470%, 6/16/2036, 144A		4,227,057
	800,000	Republic Finance Issuance Trust, Series 2021-A, Class C, 3.530%, 12/22/2031, 144A		698,222
	725,000	SCF Equipment Leasing LLC, Series 2021-1A, Class D, 1.930%, 9/20/2030, 144A		639,014
	15,220,569	SLAM Ltd., Series 2021-1A, Class A, 2.434%, 6/15/2046, 144A		12,461,689
	1,440,000	SoFi Consumer Loan Program Trust, Series 2021-1, Class D, 2.040%, 9/25/2030, 144A		1,290,345
	3,500,000	Towd Point Mortgage Trust, Series 2011-1, Class M1, 3.750%, 10/25/2056, 144A(a)		3,255,854
	12,429,843	Willis Engine Structured Trust, Series 2021-A, Class A, 3.104%, 5/15/2046, 144A		9,981,102
				150,529,277
		ABS Student Loan – 0.4%
	2,760,000	College Ave Student Loans LLC, Series 2021-A, Class C, 2.920%, 7/25/2051, 144A		2,452,308
	2,157,000	College Ave Student Loans LLC, Series 2021-C, Class D, 4.110%, 7/26/2055, 144A		1,805,744
	792,744	ELFI Graduate Loan Program LLC, Series 2021-A, Class B, 2.090%, 12/26/2046, 144A(a)		683,811
	2,565,000	Navient Private Education Refi Loan Trust, Series 2021-EA, Class B, 2.030%, 12/16/2069, 144A		1,727,540
	5,895,000	Navient Private Education Refi Loan Trust, Series 2021-FA, Class B, 2.120%, 2/18/2070, 144A		4,069,273

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		ABS Student Loan – continued
$	2,120,000	Nelnet Student Loan Trust, Series 2021-DA, Class C, 3.500%, 4/20/2062, 144A	$	1,670,976
	863,000	Nelnet Student Loan Trust, Series 2021-DA, Class D, 4.380%, 4/20/2062, 144A		680,602
	5,735,000	SMB Private Education Loan Trust, Series 2021-B, Class B, 2.650%, 7/17/2051, 144A		4,567,758
	7,070,000	SMB Private Education Loan Trust, Series 2021-E, Class B, 2.490%, 2/15/2051, 144A		5,398,079
	630,000	SoFi Professional Loan Program LLC, Series 2017-A, Class C, 4.430%, 3/26/2040, 144A(a)		563,905
				23,619,996
		ABS Whole Business – 0.3%
	7,248,250	Domino’s Pizza Master Issuer LLC, Series 2021-1A, Class A2I, 2.662%, 4/25/2051, 144A		5,968,818
	3,431,563	Hardee’s Funding LLC, Series 2021-1A, Class A2, 2.865%, 6/20/2051, 144A		2,718,038
	10,971,125	Wendy’s Funding LLC, Series 2021-1A, Class A2I, 2.370%, 6/15/2051, 144A		8,721,715
				17,408,571
		Aerospace & Defense – 1.3%
	22,105,000	Boeing Co. (The), 3.625%, 2/01/2031		18,348,229
	2,995,000	Boeing Co. (The), 3.625%, 3/01/2048		1,862,597
	3,525,000	Boeing Co. (The), 3.750%, 2/01/2050		2,276,798
	6,180,000	Boeing Co. (The), 3.825%, 3/01/2059		3,722,705
	1,200,000	Boeing Co. (The), 3.850%, 11/01/2048		776,709
	8,855,000	Boeing Co. (The), 3.900%, 5/01/2049		5,783,667
	4,830,000	Boeing Co. (The), 5.150%, 5/01/2030		4,467,981
	4,055,000	Embraer Netherlands Finance BV, 5.400%, 2/01/2027		3,716,144
	10,576,000	Leonardo U.S. Holdings, Inc., 6.250%, 1/15/2040, 144A		9,706,653
	10,821,000	Leonardo U.S. Holdings, Inc., 7.375%, 7/15/2039, 144A		11,374,061
	328,000	Leonardo U.S. Holdings, Inc., 7.375%, 7/15/2039		344,764
	5,995,000	TransDigm, Inc., 6.250%, 3/15/2026, 144A		5,815,150
				68,195,458
		Airlines – 1.8%
	23,661,740	Air Canada Pass Through Trust, Series 2020-2A, 5.250%, 10/01/2030, 144A		22,183,828

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Airlines – continued
$	3,140,860	American Airlines Pass Through Trust, Series 2016-3, Class B, 3.750%, 4/15/2027	$	2,719,200
	2,921,296	American Airlines Pass Through Trust, Series 2017-2, Class B, 3.700%, 4/15/2027		2,551,107
	39,895,250	Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.500%, 6/20/2027, 144A		39,048,673
	4,256,467	United Airlines Pass Through Trust, Series 2014-1, Class A, 4.000%, 10/11/2027		3,891,206
	26,387,974	United Airlines Pass Through Trust, Series 2020-1, Class A, 5.875%, 4/15/2029		25,303,164
	3,828,760	United Airlines Pass Through Trust, Series 2020-1, Class B, 4.875%, 7/15/2027		3,523,531
				99,220,709
		Automotive – 1.1%
	2,355,000	Ford Motor Co., 3.250%, 2/12/2032		1,696,377
	14,465,000	Ford Motor Co., 4.750%, 1/15/2043		9,584,364
	1,560,000	Ford Motor Co., 6.625%, 2/15/2028		1,529,284
	1,580,000	Ford Motor Co., 7.500%, 8/01/2026		1,638,681
	3,505,000	General Motors Co., 5.200%, 4/01/2045		2,668,780
	3,170,000	General Motors Co., 6.250%, 10/02/2043		2,753,554
	44,900,000	General Motors Financial Co., Inc., 3.600%, 6/21/2030		36,369,912
	815,000	General Motors Financial Co., Inc., Series A, (fixed rate to 9/30/2027, variable rate thereafter), 5.750%(b)		661,141
	1,305,000	General Motors Financial Co., Inc., Series C, (fixed rate to 9/30/2030, variable rate thereafter), 5.700%(b)		1,118,539
				58,020,632
		Banking – 3.4%
	20,700,000	Ally Financial, Inc., Series B, (fixed rate to 5/15/2026, variable rate thereafter), 4.700%(b)		16,135,849
	15,605,000	Ally Financial, Inc., Series C, (fixed rate to 5/15/2028, variable rate thereafter), 4.700%(b)		11,118,562
	17,805,000	Barclays PLC, (fixed rate to 3/15/2028, variable rate thereafter), 4.375%(b)		10,973,221
	47,298,000	Barclays PLC, (fixed rate to 9/23/2030, variable rate thereafter), 3.564%, 9/23/2035		34,755,497
	14,253,000	BNP Paribas S.A., (fixed rate to 8/12/2030, variable rate thereafter), 2.588%, 8/12/2035, 144A		10,213,415
	8,140,000	Credit Agricole S.A., (fixed rate to 1/10/2028, variable rate thereafter), EMTN, 4.000%, 1/10/2033		7,014,948
	10,905,000	Credit Suisse Group AG, (fixed rate to 7/15/2025, variable rate thereafter), 6.373%, 7/15/2026, 144A		10,541,100

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Banking – continued
$	10,650,000	Credit Suisse Group AG, (fixed rate to 8/11/2027, variable rate thereafter), 6.442%, 8/11/2028, 144A	$	9,906,098
	4,195,000	Deutsche Bank AG, (fixed rate to 10/07/2031, variable rate thereafter), 3.742%, 1/07/2033		2,719,299
	25,209,000	Deutsche Bank AG, (fixed rate to 10/14/2030, variable rate thereafter), 3.729%, 1/14/2032		16,976,936
	2,275,000	Deutsche Bank AG, (fixed rate to 12/01/2027, variable rate thereafter), 4.875%, 12/01/2032		1,784,391
	3,380,000	Intesa Sanpaolo SpA, (fixed rate to 6/01/2031, variable rate thereafter), 4.198%, 6/01/2032, 144A		2,285,590
	22,550,000	NatWest Group PLC, (fixed rate to 8/28/2030, variable rate thereafter), 3.032%, 11/28/2035		16,018,843
	2,900,000	NatWest Group PLC, (fixed rate to 9/30/2027, variable rate thereafter), 5.516%, 9/30/2028		2,752,316
	4,370,000	Synchrony Bank, 5.400%, 8/22/2025		4,260,706
	8,885,000	Synchrony Bank, 5.625%, 8/23/2027		8,490,595
	22,400,000	UniCredit SpA, (fixed rate to 6/30/2030, variable rate thereafter), 5.459%, 6/30/2035, 144A		16,655,289
				182,602,655
		Brokerage – 0.1%
	5,731,000	Jefferies Group LLC, 6.250%, 1/15/2036		5,352,654
		Building Materials – 1.3%
	57,099,000	Cemex SAB de CV, 3.875%, 7/11/2031, 144A		44,992,782
	3,605,000	Cemex SAB de CV, 5.200%, 9/17/2030, 144A		3,113,819
	9,035,000	Cemex SAB de CV, (fixed rate to 6/08/2026, variable rate thereafter), 5.125%, 144A(b)		7,239,339
	4,057,000	Masco Corp., 6.500%, 8/15/2032		4,070,925
	4,534,000	Masco Corp., 7.750%, 8/01/2029		4,949,821
	6,344,000	Owens Corning, 7.000%, 12/01/2036		6,538,858
				70,905,544
		Cable Satellite – 3.9%
	36,985,000	CCO Holdings LLC/CCO Holdings Capital Corp., 4.250%, 1/15/2034, 144A		26,473,123
	11,015,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 2.300%, 2/01/2032		7,865,689
	35,342,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 2.800%, 4/01/2031		26,716,710
	6,805,000	Charter Communications Operating LLC/Charter Communications Operating Capital, 4.400%, 4/01/2033		5,634,996

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Cable Satellite – continued
$	24,940,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 3.700%, 4/01/2051	$	15,114,892
	1,438,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 3.850%, 4/01/2061		839,506
	46,770,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 3.950%, 6/30/2062		27,734,266
	5,935,000	Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 5.125%, 7/01/2049		4,350,575
	45,882,000	CSC Holdings LLC, 4.625%, 12/01/2030, 144A		31,199,760
	1,875,000	CSC Holdings LLC, 5.000%, 11/15/2031, 144A		1,238,514
	22,585,000	CSC Holdings LLC, 5.375%, 2/01/2028, 144A		19,705,413
	1,390,000	CSC Holdings LLC, 5.750%, 1/15/2030, 144A		987,963
	9,430,000	DISH DBS Corp., 5.125%, 6/01/2029		5,540,125
	26,600,000	DISH DBS Corp., 5.250%, 12/01/2026, 144A		21,791,966
	14,719,000	DISH DBS Corp., 7.750%, 7/01/2026		11,290,503
	6,190,000	Time Warner Cable LLC, 4.500%, 9/15/2042		4,273,614
	535,000	Time Warner Cable LLC, 5.875%, 11/15/2040		440,419
				211,198,034
		Chemicals – 0.5%
	6,315,000	Alpek SAB de CV, 3.250%, 2/25/2031, 144A		4,667,990
	1,995,000	Braskem Netherlands Finance BV, 4.500%, 1/31/2030, 144A		1,612,359
	10,170,000	Braskem Netherlands Finance BV, 5.875%, 1/31/2050, 144A		7,205,445
	4,310,000	Celanese U.S. Holdings LLC, 6.330%, 7/15/2029		4,017,028
	3,175,000	Celanese U.S. Holdings LLC, 6.379%, 7/15/2032		2,950,432
	1,360,000	INEOS Quattro Finance 2 PLC, 3.375%, 1/15/2026, 144A		1,132,200
	9,275,000	Minerals Technologies, Inc., 5.000%, 7/01/2028, 144A		8,090,490
				29,675,944
		Construction Machinery – 0.5%
	2,300,000	Ashtead Capital, Inc., 5.500%, 8/11/2032, 144A		2,134,664
	27,030,000	Toro Co. (The), 6.625%, 5/01/2037		27,337,537
				29,472,201

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Consumer Cyclical Services – 2.2%
$	2,700,000	Expedia Group, Inc., 2.950%, 3/15/2031	$	2,094,601
	2,255,000	Expedia Group, Inc., 3.250%, 2/15/2030		1,828,826
	8,919,000	Terminix Co. LLC (The), 7.450%, 8/15/2027		10,056,173
	14,700,000	TriNet Group, Inc., 3.500%, 3/01/2029, 144A		11,973,150
	33,255,000	Uber Technologies, Inc., 4.500%, 8/15/2029, 144A		27,954,984
	20,723,000	Uber Technologies, Inc., 6.250%, 1/15/2028, 144A		19,272,390
	44,403,000	Uber Technologies, Inc., 7.500%, 9/15/2027, 144A		43,514,940
	1,720,000	Uber Technologies, Inc., 8.000%, 11/01/2026, 144A		1,717,282
				118,412,346
		Consumer Products – 0.4%
	12,778,000	Avon Products, Inc., 8.450%, 3/15/2043		12,334,092
	9,385,000	Natura Cosmeticos S.A., 4.125%, 5/03/2028, 144A		7,414,150
				19,748,242
		Diversified Manufacturing – 0.0%
	2,080,000	General Electric Co., Series D, 3-month LIBOR + 3.330%, 6.623%(b)(c)		1,945,182
		Electric – 1.0%
	28,194,648	Alta Wind Holdings LLC, 7.000%, 6/30/2035, 144A		28,150,430
	8,663,000	Enel Generacion Chile S.A., 7.875%, 2/01/2027		8,987,863
	10,900,000	Pacific Gas & Electric Co., 4.300%, 3/15/2045		7,233,865
	11,200,000	Pacific Gas & Electric Co., 4.750%, 2/15/2044		8,022,255
	3,790,000	Pacific Gas & Electric Co., 5.450%, 6/15/2027		3,570,210
				55,964,623
		Finance Companies – 4.6%
	12,050,000	AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 3.300%, 1/30/2032		9,062,421
	3,100,000	AGFC Capital Trust I, 3-month LIBOR + 1.750%, 4.262%, 1/15/2067, 144A(c)		1,800,852

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Finance Companies – continued
$	6,606,000	Air Lease Corp., 4.625%, 10/01/2028	$	5,929,818
	17,166,000	Air Lease Corp., Series B, (fixed rate to 6/15/2026, variable rate thereafter), 4.650%(b)		14,331,536
	5,325,000	Aircastle Ltd., (fixed rate to 6/15/2026, variable rate thereafter), 5.250%, 144A(b)		3,994,251
	12,465,000	Ares Capital Corp., 2.875%, 6/15/2028		9,810,729
	17,495,000	Ares Capital Corp., 3.200%, 11/15/2031		12,470,255
	3,050,000	Aviation Capital Group LLC, 1.950%, 1/30/2026, 144A		2,560,196
	9,790,000	Barings BDC, Inc., 3.300%, 11/23/2026, 144A		8,120,192
	22,260,000	Blackstone Secured Lending Fund, 2.125%, 2/15/2027		17,954,722
	11,475,000	FS KKR Capital Corp., 3.125%, 10/12/2028		8,910,760
	10,705,000	FS KKR Capital Corp., 3.400%, 1/15/2026		9,445,368
	445,000	Navient Corp., 5.000%, 3/15/2027		363,971
	9,706,000	Navient Corp., 6.750%, 6/15/2026		8,810,136
	5,750,000	Navient Corp., MTN, 5.625%, 8/01/2033		3,865,035
	10,145,000	OneMain Finance Corp., 7.125%, 3/15/2026		9,144,722
	7,975,000	Owl Rock Capital Corp., 2.875%, 6/11/2028		6,073,341
	14,750,000	Owl Rock Capital Corp., 4.250%, 1/15/2026		13,489,495
	13,420,000	Owl Rock Technology Finance Corp., 4.750%, 12/15/2025, 144A		12,079,751
	30,029,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 2.875%, 10/15/2026, 144A		24,623,780
	19,614,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.625%, 3/01/2029, 144A		15,095,915
	53,876,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.875%, 3/01/2031, 144A		39,052,232
	15,738,000	Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 4.000%, 10/15/2033, 144A		10,820,092
				247,809,570
		Financial Other – 1.2%
	9,560,000	Agile Group Holdings Ltd., 6.050%, 10/13/2025		2,688,272
	2,700,000	Central China Real Estate Ltd., 7.250%, 4/24/2023		1,117,490
	3,680,000	Central China Real Estate Ltd., 7.250%, 7/16/2024		864,690

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Financial Other – continued
$	1,455,000	Central China Real Estate Ltd., 7.250%, 8/13/2024	$	335,756
	3,675,000	Central China Real Estate Ltd., 7.500%, 7/14/2025		825,329
	945,000	Central China Real Estate Ltd., 7.650%, 8/27/2023		268,125
	730,000	Central China Real Estate Ltd., 7.750%, 5/24/2024		182,011
	2,815,000	CIFI Holdings Group Co. Ltd., 6.000%, 7/16/2025		611,581
	990,000	CIFI Holdings Group Co. Ltd., 6.450%, 11/07/2024		234,759
	7,770,000	Country Garden Holdings Co. Ltd., 3.300%, 1/12/2031		2,180,728
	36,625,000	Icahn Enterprises LP/Icahn Enterprises Finance Corp., 4.375%, 2/01/2029		29,478,730
	19,485,000	Kaisa Group Holdings Ltd., 9.375%, 6/30/2024(d)		2,104,185
	1,845,000	Kaisa Group Holdings Ltd., 9.950%, 7/23/2025(d)		197,581
	2,400,000	Kaisa Group Holdings Ltd., 10.500%, 1/15/2025(d)		265,056
	24,005,000	Kaisa Group Holdings Ltd., 11.250%, 4/16/2025(d)		2,588,459
	1,305,000	Kaisa Group Holdings Ltd., 11.650%, 6/01/2026(d)		138,787
	1,735,000	Kaisa Group Holdings Ltd., 11.700%, 11/11/2025(d)		185,784
	5,965,000	Logan Group Co. Ltd., 4.250%, 7/12/2025(e)		981,183
	5,148,000	Logan Group Co. Ltd., 4.850%, 12/14/2026(e)		844,272
	14,125,000	Nationstar Mortgage Holdings, Inc., 5.500%, 8/15/2028, 144A		11,091,581
	6,195,000	Shimao Group Holdings Ltd., 3.450%, 1/11/2031(d)		702,513
	400,000	Shimao Group Holdings Ltd., 4.600%, 7/13/2030(d)		46,344
	1,515,000	Shimao Group Holdings Ltd., 5.200%, 1/16/2027(d)		178,679
	4,675,000	Shimao Group Holdings Ltd., 5.600%, 7/15/2026(d)		565,955
	1,465,000	Shimao Group Holdings Ltd., 6.125%, 2/21/2024(d)		181,543
	575,000	Sunac China Holdings Ltd., 5.950%, 4/26/2024(d)		81,104
	6,810,000	Sunac China Holdings Ltd., 6.500%, 1/10/2025(d)		967,020
	3,575,000	Sunac China Holdings Ltd., 6.500%, 1/26/2026(d)		508,544
	460,000	Sunac China Holdings Ltd., 6.650%, 8/03/2024(d)		65,173

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Financial Other – continued
$	5,930,000	Sunac China Holdings Ltd., 7.000%, 7/09/2025(d)	$	843,068
	1,120,000	Times China Holdings Ltd., 5.750%, 1/14/2027		111,149
	7,485,000	Times China Holdings Ltd., 6.200%, 3/22/2026		828,739
	440,000	Times China Holdings Ltd., 6.750%, 7/08/2025		54,705
	3,175,000	Yuzhou Group Holdings Co. Ltd., 6.350%, 1/13/2027(d)		195,548
	6,250,000	Yuzhou Group Holdings Co. Ltd., 7.700%, 2/20/2025(d)		391,750
	1,585,000	Yuzhou Group Holdings Co. Ltd., 7.850%, 8/12/2026(d)		100,790
	4,025,000	Yuzhou Group Holdings Co. Ltd., 8.300%, 5/27/2025(d)		255,829
				63,262,812
		Food & Beverage – 0.4%
	965,000	Darling Ingredients, Inc., 6.000%, 6/15/2030, 144A		918,381
	5,695,000	JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 3.000%, 2/02/2029, 144A		4,659,514
	17,905,000	Pilgrim’s Pride Corp., 3.500%, 3/01/2032, 144A		13,504,309
	995,000	Pilgrim’s Pride Corp., 4.250%, 4/15/2031, 144A		794,278
				19,876,482
		Gaming – 0.9%
	19,755,000	Genm Capital Labuan Ltd., 3.882%, 4/19/2031, 144A		13,525,710
	5,810,000	GLP Capital LP/GLP Financing II, Inc., 3.250%, 1/15/2032		4,367,499
	415,000	Scientific Games International, Inc., 7.250%, 11/15/2029, 144A		386,245
	10,488,000	VICI Properties LP/VICI Note Co., Inc., 4.250%, 12/01/2026, 144A		9,466,405
	8,621,000	VICI Properties LP/VICI Note Co., Inc., 4.500%, 9/01/2026, 144A		7,872,915
	7,500,000	VICI Properties LP/VICI Note Co., Inc., 4.625%, 6/15/2025, 144A		7,057,709
	6,163,000	VICI Properties LP/VICI Note Co., Inc., 5.625%, 5/01/2024, 144A		6,056,688
				48,733,171
		Government Owned – No Guarantee – 1.1%
	27,210,000	Antares Holdings LP, 8.500%, 5/18/2025, 144A		27,769,944
	8,670,000	EcoPetrol S.A., 4.625%, 11/02/2031		6,069,000

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Government Owned - No Guarantee – continued
$	8,465,000	Pertamina Persero PT, 6.450%, 5/30/2044, 144A	$	7,884,307
	28,145,000	Petroleos Mexicanos, 5.950%, 1/28/2031		19,009,133
	2,735,000	Sino-Ocean Land Treasure IV Ltd., 4.750%, 8/05/2029		654,486
	5,250,000	Sino-Ocean Land Treasure IV Ltd., 4.750%, 1/14/2030		1,256,378
				62,643,248
		Health Insurance – 0.6%
	23,625,000	Centene Corp., 2.500%, 3/01/2031		17,808,091
	8,940,000	Centene Corp., 2.625%, 8/01/2031		6,737,839
	6,921,000	Centene Corp., 3.000%, 10/15/2030		5,481,017
	6,470,000	Molina Healthcare, Inc., 3.875%, 5/15/2032, 144A		5,299,749
				35,326,696
		Healthcare – 0.2%
	9,725,000	HCA, Inc., 4.125%, 6/15/2029		8,528,726
		Home Construction – 0.9%
	52,605,000	PulteGroup, Inc., 6.000%, 2/15/2035		47,312,913
		Independent Energy – 3.5%
	17,555,000	Aker BP ASA, 4.000%, 1/15/2031, 144A		14,897,207
	7,960,000	Continental Resources, Inc., 2.875%, 4/01/2032, 144A		5,829,068
	51,750,000	Continental Resources, Inc., 5.750%, 1/15/2031, 144A		46,774,683
	3,985,000	Devon Energy Corp., 4.500%, 1/15/2030		3,627,188
	9,555,000	Energean Israel Finance Ltd., 5.375%, 3/30/2028, 144A		8,097,862
	12,510,000	Energean Israel Finance Ltd., 5.875%, 3/30/2031, 144A		10,226,925
	2,690,000	EQT Corp., 3.125%, 5/15/2026, 144A		2,449,813
	11,721,000	EQT Corp., 3.625%, 5/15/2031, 144A		9,771,399
	10,343,000	EQT Corp., 3.900%, 10/01/2027		9,412,102
	2,329,000	EQT Corp., 5.000%, 1/15/2029		2,173,042
	3,215,000	EQT Corp., 5.678%, 10/01/2025		3,195,212

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Independent Energy – continued
$	2,215,000	EQT Corp., 5.700%, 4/01/2028	$	2,171,475
	27,050,000	Mesquite Energy, Inc., 6.125%, 1/15/2023(d)(f)		541,000
	12,420,000	Mesquite Energy, Inc., 7.750%, 6/15/2021(d)(f)		248,400
	620,000	Occidental Petroleum Corp., 6.125%, 1/01/2031		610,700
	37,985,000	Occidental Petroleum Corp., 6.625%, 9/01/2030		38,554,775
	985,000	Occidental Petroleum Corp., 7.875%, 9/15/2031		1,051,488
	980,000	Occidental Petroleum Corp., 8.875%, 7/15/2030		1,091,034
	15,296,000	Ovintiv, Inc., 6.500%, 8/15/2034		14,900,955
	828,000	Ovintiv, Inc., 6.500%, 2/01/2038		803,988
	4,156,000	Ovintiv, Inc., 6.625%, 8/15/2037		4,067,493
	553,000	Ovintiv, Inc., 7.200%, 11/01/2031		563,854
	1,815,000	Ovintiv, Inc., 7.375%, 11/01/2031		1,890,744
	2,285,000	Ovintiv, Inc., 8.125%, 9/15/2030		2,466,492
	190,000	Range Resources Corp., 4.875%, 5/15/2025		179,090
	2,150,000	Southwestern Energy Co., 4.750%, 2/01/2032		1,801,915
				187,397,904
		Industrial Other – 0.1%
	5,995,000	TopBuild Corp., 4.125%, 2/15/2032, 144A		4,565,143
		Leisure – 0.8%
	13,160,000	Carnival Corp., 5.750%, 3/01/2027, 144A		9,219,238
	3,415,000	Carnival Corp., 6.000%, 5/01/2029, 144A		2,242,187
	10,030,000	NCL Corp. Ltd., 5.875%, 3/15/2026, 144A		7,630,222
	7,630,000	NCL Corp. Ltd., 5.875%, 2/15/2027, 144A		6,352,891
	3,695,000	NCL Finance Ltd., 6.125%, 3/15/2028, 144A		2,724,970
	18,780,000	Royal Caribbean Cruises Ltd., 5.500%, 4/01/2028, 144A		13,158,019
				41,327,527

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Life Insurance – 3.1%
$	5,935,000	Athene Global Funding, 1.716%, 1/07/2025, 144A	$	5,425,124
	6,099,000	Brighthouse Financial, Inc., 4.700%, 6/22/2047		4,317,246
	20,335,000	Brighthouse Financial, Inc., 5.625%, 5/15/2030		19,060,649
	2,030,000	MetLife, Inc., 9.250%, 4/08/2068, 144A		2,343,832
	10,175,000	MetLife, Inc., 10.750%, 8/01/2069		13,250,462
	57,985,000	Mutual of Omaha Insurance Co., 6.800%, 6/15/2036, 144A		59,536,682
	38,476,000	National Life Insurance Co., 10.500%, 9/15/2039, 144A		51,299,281
	12,950,000	NLV Financial Corp., 7.500%, 8/15/2033, 144A		14,342,384
				169,575,660
		Lodging – 0.9%
	11,490,000	Hilton Domestic Operating Co., Inc., 3.625%, 2/15/2032, 144A		8,800,176
	2,475,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 4.875%, 7/01/2031, 144A		1,889,811
	8,090,000	Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, 5.000%, 6/01/2029, 144A		6,529,439
	11,290,000	Marriott International, Inc., Series HH, 2.850%, 4/15/2031		8,864,479
	6,155,000	Marriott Ownership Resorts, Inc., 4.500%, 6/15/2029, 144A		4,864,331
	10,815,000	Travel & Leisure Co., 4.500%, 12/01/2029, 144A		8,385,897
	11,584,000	Travel & Leisure Co., 4.625%, 3/01/2030, 144A		9,156,432
	1,465,000	Travel & Leisure Co., 6.000%, 4/01/2027		1,320,170
				49,810,735
		Media Entertainment – 1.4%
	5,896,000	iHeartCommunications, Inc., 4.750%, 1/15/2028, 144A		4,914,316
	2,905,000	iHeartCommunications, Inc., 5.250%, 8/15/2027, 144A		2,481,593
	6,670,000	iHeartCommunications, Inc., 8.375%, 5/01/2027		5,608,903
	2,110,000	Netflix, Inc., 4.875%, 4/15/2028		1,974,781
	22,040,000	Netflix, Inc., 4.875%, 6/15/2030, 144A		20,140,979
	2,757,000	Netflix, Inc., 5.375%, 11/15/2029, 144A		2,591,580

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Media Entertainment – continued
$	13,137,000	Netflix, Inc., 5.875%, 11/15/2028	$	12,818,822
	17,879,000	Netflix, Inc., 6.375%, 5/15/2029		17,749,717
	4,640,000	Warnermedia Holdings, Inc., 4.054%, 3/15/2029, 144A		4,013,275
	7,130,000	Warnermedia Holdings, Inc., 4.279%, 3/15/2032, 144A		5,870,557
				78,164,523
		Metals & Mining – 3.2%
	22,660,000	Anglo American Capital PLC, 2.875%, 3/17/2031, 144A		17,554,466
	30,635,000	ArcelorMittal S.A., 6.750%, 3/01/2041		28,044,333
	1,145,000	ArcelorMittal S.A., 7.000%, 10/15/2039		1,076,380
	3,950,000	Barrick Gold Corp., Series A, 5.800%, 11/15/2034		3,864,287
	7,370,000	First Quantum Minerals Ltd., 6.875%, 3/01/2026, 144A		6,800,520
	31,810,000	First Quantum Minerals Ltd., 6.875%, 10/15/2027, 144A		28,629,000
	9,200,000	First Quantum Minerals Ltd., 7.500%, 4/01/2025, 144A		8,855,000
	14,665,000	FMG Resources August 2006 Pty Ltd., 4.375%, 4/01/2031, 144A		11,257,705
	34,855,000	Freeport-McMoRan, Inc., 5.400%, 11/14/2034		30,979,473
	18,565,000	Glencore Funding LLC, 2.500%, 9/01/2030, 144A		14,205,567
	28,195,000	Glencore Funding LLC, 2.850%, 4/27/2031, 144A		21,814,352
	2,865,000	Volcan Cia Minera SAA, 4.375%, 2/11/2026, 144A		2,363,625
				175,444,708
		Midstream – 0.7%
	7,685,000	DCP Midstream Operating LP, 3.250%, 2/15/2032		6,075,130
	55,000	DCP Midstream Operating LP, 5.125%, 5/15/2029		51,537
	9,050,000	DCP Midstream Operating LP, 6.450%, 11/03/2036, 144A		8,268,148
	3,745,000	Hess Midstream Operations LP, 4.250%, 2/15/2030, 144A		3,024,087
	205,000	NGPL PipeCo LLC, 7.768%, 12/15/2037, 144A		207,190
	480,000	Targa Resources Corp., 5.200%, 7/01/2027		461,749
	5,300,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.000%, 1/15/2032		4,380,715

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Midstream – continued
$	1,365,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.875%, 2/01/2031	$	1,173,900
	1,380,000	Targa Resources Partners LP/Targa Resources Partners Finance Corp., 5.500%, 3/01/2030		1,238,564
	2,635,000	Western Midstream Operating LP, 4.300%, 2/01/2030		2,253,610
	6,105,000	Western Midstream Operating LP, 5.300%, 3/01/2048		5,021,362
	1,130,000	Western Midstream Operating LP, 5.450%, 4/01/2044		926,987
	840,000	Western Midstream Operating LP, 5.500%, 8/15/2048		679,350
	3,495,000	Western Midstream Operating LP, 5.500%, 2/01/2050		2,822,213
				36,584,542
		Mortgage Related – 0.0%
	3,986	FHLMC, 5.000%, 12/01/2031		3,892
		Non-Agency Commercial Mortgage-Backed Securities – 2.0%
	10,990,000	BANK, Series 2021-BN35, Class AS, 2.457%, 6/15/2064		8,532,223
	505,000	BBSG Mortgage Trust, Series 2016-MRP, Class A, 3.275%, 6/05/2036, 144A		441,214
	11,095,000	BPR Trust, Series 2021-NRD, Class F, 1-month SOFR + 6.870%, 9.792%, 12/15/2023, 144A(c)		10,316,080
	7,790,000	BPR Trust, Series 2022-STAR, Class A, 1-month SOFR + 3.232%, 6.077%, 8/15/2024, 144A(c)		7,693,314
	3,475,000	Commercial Mortgage Pass Through Certificates, Series 2012-CR3, Class AM, 3.416%, 10/15/2045, 144A		3,457,537
	190,000	Commercial Mortgage Pass Through Certificates, Series 2012-LTRT, Class A2, 3.400%, 10/05/2030, 144A		178,599
	2,461,930	Commercial Mortgage Trust, Series 2012-LC4, Class B, 4.934%, 12/10/2044(a)		2,457,707
	6,710,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class B, 4.185%, 9/15/2037, 144A		5,882,740
	630,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class C, 4.336%, 9/15/2037, 144A		531,813
	2,530,000	Credit Suisse Mortgage Trust, Series 2014-USA, Class D, 4.373%, 9/15/2037, 144A		2,006,306
	4,293,575	Extended Stay America Trust, Series 2021-ESH, Class C, 1-month LIBOR + 1.700%, 4.518%, 7/15/2038, 144A(c)		4,126,807
	3,086,007	Extended Stay America Trust, Series 2021-ESH, Class D, 1-month LIBOR + 2.250%, 5.068%, 7/15/2038, 144A(c)		2,954,549
	3,760,000	GS Mortgage Securities Corp. Trust, Series 2013-PEMB, Class B, 3.668%, 3/05/2033, 144A(a)		3,301,409
	3,815,000	GS Mortgage Securities Trust, Series 2013-G1, Class B, 3.772%, 4/10/2031, 144A(a)		3,700,414
	435,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2012-LC9, Class D, 4.472%, 12/15/2047, 144A(a)		410,234

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Non-Agency Commercial Mortgage-Backed Securities – continued
$	6,060,000	MedTrust, Series 2021-MDLN, Class C, 1-month LIBOR + 1.800%, 4.618%, 11/15/2038, 144A(c)	$	5,771,538
	1,412,863	Morgan Stanley Bank of America Merrill Lynch Commercial Mortgage Securities Trust, Series 2012-CKSV, Class A2, 3.277%, 10/15/2030, 144A		1,349,220
	11,786,000	Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C11, Class A4, 4.295%, 8/15/2046(a)		11,637,111
	1,705,000	Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C11, Class B, 4.495%, 8/15/2046(a)		1,165,649
	5,770,000	RBS Commercial Funding Trust, Series 2013-GSP, Class A, 3.961%, 1/15/2032, 144A(a)		5,571,526
	611,614	UBS-Barclays Commercial Mortgage Trust, Series 2012-TFT, Class A, 2.892%, 6/05/2030, 144A		588,865
	9,076,751	Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B, 4.432%, 7/15/2046(a)		8,519,437
	4,970,000	Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class B, 3.671%, 11/15/2059(a)		4,205,600
	1,955,000	WFRBS Commercial Mortgage Trust, Series 2012-C10, Class B, 3.744%, 12/15/2045		1,843,963
	7,575,000	WFRBS Commercial Mortgage Trust, Series 2013-C15, Class B, 4.671%, 8/15/2046(a)		7,190,682
	2,915,000	WFRBS Commercial Mortgage Trust, Series 2014-C20, Class B, 4.378%, 5/15/2047		2,626,538
				106,461,075
		Paper – 0.7%
	6,275,000	WestRock MWV LLC, 7.950%, 2/15/2031		7,061,889
	25,138,000	WestRock MWV LLC, 8.200%, 1/15/2030		28,225,093
	2,252,000	Weyerhaeuser Co., 7.375%, 3/15/2032		2,429,607
				37,716,589
		Pharmaceuticals – 1.1%
	2,675,000	Bausch Health Cos., Inc., 4.875%, 6/01/2028, 144A		1,724,573
	5,560,000	Bausch Health Cos., Inc., 5.000%, 1/30/2028, 144A		2,047,248
	580,000	Bausch Health Cos., Inc., 5.000%, 2/15/2029, 144A		224,895
	4,435,000	Bausch Health Cos., Inc., 5.250%, 1/30/2030, 144A		1,656,389
	14,210,000	Bausch Health Cos., Inc., 5.250%, 2/15/2031, 144A		5,343,674
	640,000	Bausch Health Cos., Inc., 6.250%, 2/15/2029, 144A		238,800
	1,045,000	Bausch Health Cos., Inc., 7.000%, 1/15/2028, 144A		398,103
	9,370,000	Teva Pharmaceutical Finance Co. LLC, 6.150%, 2/01/2036		7,716,987

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Pharmaceuticals – continued
$	5,031,000	Teva Pharmaceutical Finance Netherlands III BV, 3.150%, 10/01/2026	$	4,127,935
	25,967,000	Teva Pharmaceutical Finance Netherlands III BV, 4.100%, 10/01/2046		15,517,385
	15,545,000	Teva Pharmaceutical Finance Netherlands III BV, 4.750%, 5/09/2027		13,202,524
	10,545,000	Teva Pharmaceutical Finance Netherlands III BV, 5.125%, 5/09/2029		8,699,203
				60,897,716
		Property & Casualty Insurance – 0.3%
	80,000	MBIA Insurance Corp., 3-month LIBOR + 11.260%, 13.772%, 1/15/2033(e)(f)		9,800
	13,985,000	MBIA Insurance Corp., 3-month LIBOR + 11.260%, 13.772%, 1/15/2033, 144A(e)(f)		1,713,163
	17,110,000	Stewart Information Services Corp., 3.600%, 11/15/2031		13,188,088
				14,911,051
		REITs—Diversified – 0.1%
	4,125,000	EPR Properties, 3.600%, 11/15/2031		2,947,144
		Retailers – 0.5%
	4,680,000	Dillard’s, Inc., 7.000%, 12/01/2028		4,769,154
	7,182,000	Dillard’s, Inc., 7.750%, 7/15/2026		7,449,458
	2,250,000	Dillard’s, Inc., 7.750%, 5/15/2027		2,265,727
	5,975,000	Lithia Motors, Inc., 3.875%, 6/01/2029, 144A		4,794,937
	9,245,000	Marks & Spencer PLC, 7.125%, 12/01/2037, 144A		8,335,847
				27,615,123
		Technology – 3.1%
	15,580,000	Avnet, Inc., 5.500%, 6/01/2032		14,146,570
	8,675,000	Block, Inc., 3.500%, 6/01/2031		6,725,858
	3,255,000	Broadcom, Inc., 3.137%, 11/15/2035, 144A		2,280,776
	13,741,000	Broadcom, Inc., 4.150%, 11/15/2030		11,893,452
	2,346,000	CDW LLC/CDW Finance Corp., 2.670%, 12/01/2026		2,034,860
	2,739,000	CDW LLC/CDW Finance Corp., 3.250%, 2/15/2029		2,224,303
	27,510,000	CDW LLC/CDW Finance Corp., 3.569%, 12/01/2031		21,418,532

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Technology – continued
$	637,000	CDW LLC/CDW Finance Corp., 4.250%, 4/01/2028	$	566,930
	14,400,000	CommScope Technologies LLC, 5.000%, 3/15/2027, 144A		10,872,000
	16,765,000	CommScope, Inc., 4.750%, 9/01/2029, 144A		13,674,540
	19,780,000	Entegris Escrow Corp., 4.750%, 4/15/2029, 144A		17,422,710
	945,000	Gartner, Inc., 3.625%, 6/15/2029, 144A		786,712
	1,873,000	Global Payments, Inc., 2.900%, 11/15/2031		1,432,040
	3,460,000	Global Payments, Inc., 5.300%, 8/15/2029		3,253,940
	6,245,000	Global Payments, Inc., 5.400%, 8/15/2032		5,795,179
	13,265,000	Iron Mountain, Inc., 4.875%, 9/15/2029, 144A		10,897,065
	8,630,000	Marvell Technology, Inc., 2.950%, 4/15/2031		6,694,925
	2,080,000	NXP BV/NXP Funding LLC/NXP USA, Inc., 4.400%, 6/01/2027		1,962,044
	18,900,000	Oracle Corp., 3.950%, 3/25/2051		12,534,582
	890,000	Seagate HDD Cayman, 3.375%, 7/15/2031		621,394
	1,475,000	Seagate HDD Cayman, 4.091%, 6/01/2029		1,178,127
	14,190,000	Western Digital Corp., 2.850%, 2/01/2029		11,027,620
	1,135,000	Western Digital Corp., 3.100%, 2/01/2032		771,675
	9,046,000	Western Digital Corp., 4.750%, 2/15/2026		8,376,415
				168,592,249
		Transportation Services – 0.4%
	5,895,000	Adani Ports & Special Economic Zone Ltd., 3.100%, 2/02/2031, 144A		4,256,661
	19,345,000	Adani Ports & Special Economic Zone Ltd., 4.200%, 8/04/2027, 144A		16,932,398
	1,845,000	GMR Hyderabad International Airport Ltd., 4.250%, 10/27/2027, 144A		1,499,985
	315,000	GMR Hyderabad International Airport Ltd., 4.750%, 2/02/2026, 144A		282,196
				22,971,240
		Treasuries – 19.7%
	222,380,000	U.S. Treasury Bond, 3.250%, 5/15/2042		197,362,250
	23,635,000	U.S. Treasury Note, 0.125%, 12/31/2022		23,442,457

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Non-Convertible Bonds – continued
		Treasuries – continued
$	187,560,000	U.S. Treasury Note, 0.125%, 1/31/2023	$	185,388,325
	158,300,000	U.S. Treasury Note, 0.125%, 2/28/2023(g)		155,931,683
	269,355,000	U.S. Treasury Note, 0.125%, 6/30/2023		261,526,870
	76,545,000	U.S. Treasury Note, 0.500%, 11/30/2023		73,258,947
	73,585,000	U.S. Treasury Note, 0.875%, 1/31/2024		70,299,545
	103,730,000	U.S. Treasury Note, 1.500%, 2/29/2024		99,750,981
				1,066,961,058
		Wireless – 1.2%
	9,835,000	IHS Holding Ltd., 5.625%, 11/29/2026, 144A		7,745,062
	8,000,000	SoftBank Group Corp., 4.625%, 7/06/2028		6,340,000
	3,695,000	SoftBank Group Corp., 5.250%, 7/06/2031		2,752,775
	35,370,000	T-Mobile USA, Inc., 3.375%, 4/15/2029		30,558,973
	20,890,000	T-Mobile USA, Inc., 3.500%, 4/15/2031		17,554,076
				64,950,886
		Wirelines – 0.3%
	3,825,000	Cincinnati Bell Telephone Co. LLC, 6.300%, 12/01/2028		3,411,517
	5,545,000	Telecom Italia Capital S.A., 6.000%, 9/30/2034		4,132,245
	11,370,000	Telecom Italia Capital S.A., 6.375%, 11/15/2033		8,839,379
				16,383,141
		Total Non-Convertible Bonds (Identified Cost $5,233,656,343)		4,457,515,896
	Convertible Bonds – 5.5%
		Airlines – 0.4%
	5,645,000	JetBlue Airways Corp., 0.500%, 4/01/2026		4,007,950
	17,869,000	Southwest Airlines Co., 1.250%, 5/01/2025		20,397,463
				24,405,413
		Cable Satellite – 2.5%
	195,000	Cable One, Inc., Zero Coupon, 6.042%, 3/15/2026(h)		148,102
	12,010,000	DISH Network Corp., 2.375%, 3/15/2024		10,712,920
	184,765,000	DISH Network Corp., 3.375%, 8/15/2026		127,118,320
				137,979,342

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Convertible Bonds – continued
		Consumer Cyclical Services – 0.3%
$	1,520,000	Peloton Interactive, Inc., Zero Coupon, 0.519%-0.987%, 2/15/2026(i)	$	1,018,157
	18,940,000	Uber Technologies, Inc., Zero Coupon, 0.000%-5.582%, 12/15/2025(i)		15,696,904
				16,715,061
		Gaming – 0.1%
	3,339,000	Penn Entertainment, Inc., 2.750%, 5/15/2026		4,672,931
		Healthcare – 0.5%
	36,387,000	Teladoc Health, Inc., 1.250%, 6/01/2027		26,609,813
		Leisure – 0.2%
	19,300,000	NCL Corp. Ltd., 1.125%, 2/15/2027, 144A		11,957,508
		Media Entertainment – 0.3%
	8,590,000	Snap, Inc., Zero Coupon, 6.697%-7.641%, 5/01/2027(i)		5,922,805
	7,780,000	Spotify USA, Inc., Zero Coupon, 5.189%-5.873%, 3/15/2026(i)		6,107,300
	2,505,000	Twitter, Inc., Zero Coupon, 0.000%, 3/15/2026(h)		2,293,138
				14,323,243
		Pharmaceuticals – 0.9%
	13,963,000	BioMarin Pharmaceutical, Inc., 0.599%, 8/01/2024		13,834,994
	27,688,000	BioMarin Pharmaceutical, Inc., 1.250%, 5/15/2027		27,496,953
	6,370,000	Livongo Health, Inc., 0.875%, 6/01/2025		5,347,870
				46,679,817
		Technology – 0.3%
	475,000	Bentley Systems, Inc., 0.375%, 7/01/2027		357,912
	6,935,000	RingCentral, Inc., Zero Coupon, 7.146%-8.016%, 3/15/2026(i)		5,333,015
	7,165,000	Splunk, Inc., 1.125%, 6/15/2027		5,637,253

Principal Amount		Description	Value (†)
	Bonds and Notes – continued
	Convertible Bonds – continued
		Technology – continued
$	6,115,000	Unity Software, Inc., Zero Coupon, 7.085%-7.592%, 11/15/2026, 144A(i)	$	4,433,375
				15,761,555
		Total Convertible Bonds (Identified Cost $401,140,560)		299,104,683
	Municipals – 1.5%
		Virginia – 1.5%
	89,440,000	Tobacco Settlement Financing Corp., Series A-1, 6.706%, 6/01/2046 (Identified Cost $88,792,784)		77,952,693
		Total Bonds and Notes (Identified Cost $5,723,589,687)		4,834,573,272
	Senior Loans – 0.3%
		Independent Energy – 0.3%
	16,469,000	Ascent Resources - Utica, 2020 Fixed 2nd Lien Term Loan, 3-month LIBOR + 9.000%, 11.455%, 11/01/2025(c)(j) (Identified Cost $16,469,450)		17,264,947
	Collateralized Loan Obligations – 3.5%
	9,977,000	522 Funding CLO Ltd., Series 2018-3A, Class DR, 3-month LIBOR + 3.100%, 5.810%, 10/20/2031, 144A(c)		8,719,788
	7,140,000	AGL CLO 12 Ltd., Series 2021-12A, Class B, 3-month LIBOR + 1.600%, 4.310%, 7/20/2034, 144A(c)		6,633,831
	7,240,000	AGL CLO 12 Ltd., Series 2021-12A, Class D, 3-month LIBOR + 2.850%, 5.560%, 7/20/2034, 144A(c)		6,284,204
	1,805,000	AGL CLO 7 Ltd., Series 2020-7A, Class DR, 3-month LIBOR + 3.100%, 5.612%, 7/15/2034, 144A(c)		1,587,377
	10,050,000	AIG CLO LLC, Series 2021-1A, Class D, 3-month LIBOR + 2.950%, 5.709%, 4/22/2034, 144A(c)		8,627,362
	5,605,000	AIG CLO LLC, Series 2021-2A, Class D, 3-month LIBOR + 3.050%, 5.760%, 7/20/2034, 144A(c)		4,820,412
	3,955,000	ARES Loan Funding I Ltd., Series 2021-ALFA, Class D, 3-month LIBOR + 3.000%, 5.512%, 10/15/2034, 144A(c)		3,517,253
	5,225,000	Bain Capital Credit CLO Ltd, Series 2017-2A, Class DR2, 3-month LIBOR + 3.100%, 5.883%, 7/25/2034, 144A(c)		4,661,578
	1,340,000	Ballyrock CLO Ltd., Series 2019-2A, Class A2R, 3-month LIBOR + 1.400%, 4.384%, 11/20/2030, 144A(c)		1,259,414
	10,720,000	Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class CR, 3-month LIBOR + 2.000%, 4.740%, 1/17/2032, 144A(c)		9,785,859
	2,245,000	Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class DR, 3-month LIBOR + 3.000%, 5.740%, 1/17/2032, 144A(c)		1,970,443
	5,225,000	CarVal CLO III Ltd., Series 2019-2A, Class DR, 3-month LIBOR + 2.950%, 5.660%, 7/20/2032, 144A(c)		4,543,906
	4,305,000	CIFC Funding Ltd., Series 2021-5A, Class D, 3-month LIBOR + 3.250%, 5.762%, 7/15/2034, 144A(c)		3,843,917
	6,075,000	Crown City CLO I, Series 2020-1A, Class CR, 3-month LIBOR + 3.420%, 6.130%, 7/20/2034, 144A(c)		5,117,434
	7,745,000	Elmwood CLO V Ltd., Series 2020-2A, Class DR, 3-month LIBOR + 3.100%, 5.810%, 10/20/2034, 144A(c)		6,927,360

Principal Amount		Description	Value (†)
	Collateralized Loan Obligations – continued
$	4,085,000	Elmwood CLO VIII Ltd., Series 2021-1A, Class D2, 3-month LIBOR + 2.850%, 5.560%, 1/20/2034, 144A(c)	$	3,602,239
	3,365,000	KVK CLO Ltd., Series 2013-1A, Class DR, 3-month LIBOR + 2.950%, 5.433%, 1/14/2028, 144A(c)		3,247,205
	8,760,000	LCM 30 Ltd., Series 30A, Class BR, 3-month LIBOR + 1.500%, 4.210%, 4/20/2031, 144A(c)		8,168,087
	1,470,000	LCM 30 Ltd., Series 30A, Class CR, 3-month LIBOR + 2.000%, 4.710%, 4/20/2031, 144A(c)		1,330,025
	4,215,000	LCM 30 Ltd., Series 30A, Class DR, 3-month LIBOR + 3.000%, 5.710%, 4/20/2031, 144A(c)		3,638,359
	15,835,000	Madison Park Funding XXIII Ltd., Series 2017-23A, Class DR, 3-month LIBOR + 3.200%, 5.969%, 7/27/2031, 144A(c)		14,309,044
	1,260,000	Madison Park Funding XXXI Ltd., Series 2018-31A, Class D, 3-month LIBOR + 3.000%, 5.783%, 1/23/2031, 144A(c)		1,129,470
	9,225,000	Neuberger Berman CLO XX Ltd., Series 2015-20A, Class BRR, 3-month LIBOR + 1.650%, 4.162%, 7/15/2034, 144A(c)		8,649,738
	11,920,000	OCP CLO Ltd., Series 2019-17A, Class DR, 3-month LIBOR + 3.100%, 5.810%, 7/20/2032, 144A(c)		10,330,635
	10,585,000	Octagon Investment Partners 42 Ltd., Series 2019-3A, Class DR, 3-month LIBOR + 3.150%, 5.662%, 7/15/2034, 144A(c)		9,392,452
	4,920,000	Octagon Investment Partners 46 Ltd., Series 2020-2A, Class DR, 3-month LIBOR + 3.300%, 5.812%, 7/15/2036, 144A(c)		4,366,111
	12,430,000	OHA Credit Funding 3 Ltd., Series 2019-3A, Class BR, 3-month LIBOR + 1.650%, 4.360%, 7/02/2035, 144A(c)		11,678,234
	9,720,000	OHA Credit Funding 3 Ltd., Series 2019-3A, Class DR, 3-month LIBOR + 2.900%, 5.610%, 7/02/2035, 144A(c)		8,528,979
	12,640,000	Palmer Square CLO Ltd., Series 2013-2A, Class A2R3, 3-month LIBOR + 1.500%, 4.238%, 10/17/2031, 144A(c)		11,932,792
	5,120,000	Palmer Square CLO Ltd., Series 2013-2A, Class CR3, 3-month LIBOR + 2.700%, 5.438%, 10/17/2031, 144A(c)		4,529,526
	2,970,000	Palmer Square CLO Ltd., Series 2015-1A, Class A2R4, 3-month LIBOR + 1.700%, 4.684%, 5/21/2034, 144A(c)		2,794,601
	700,000	THL Credit Wind River CLO Ltd., Series 2018-3A, Class D, 3-month LIBOR + 2.950%, 5.660%, 1/20/2031, 144A(c)		610,231
	2,135,000	Vibrant CLO XIV Ltd., Series 2021-14A, Class C, 3-month LIBOR + 3.750%, 6.460%, 10/20/2034, 144A(c)		1,839,185
		Total Collateralized Loan Obligations (Identified Cost $209,996,662)		188,377,051
Shares
	Common Stocks – 2.0%
		Aerospace & Defense – 0.0%
	5,583	Lockheed Martin Corp.		2,156,657
		Air Freight & Logistics – 0.0%
	10,438	United Parcel Service, Inc., Class B		1,686,155
		Beverages – 0.0%
	25,898	Coca-Cola Co. (The)		1,450,806
		Biotechnology – 0.1%
	17,877	AbbVie, Inc.		2,399,272

Shares		Description	Value (†)
	Common Stocks – continued
		Capital Markets – 0.1%
	2,914	BlackRock, Inc.	$	1,603,516
	16,822	Morgan Stanley		1,329,106
				2,932,622
		Communications Equipment – 0.0%
	18,825	Cisco Systems, Inc.		753,000
		Containers & Packaging – 0.0%
	6,058	Packaging Corp. of America		680,253
		Electric Utilities – 0.1%
	11,897	Duke Energy Corp.		1,106,659
	20,245	NextEra Energy, Inc.		1,587,410
				2,694,069
		Electrical Equipment – 0.0%
	9,972	Emerson Electric Co.		730,150
		Food & Staples Retailing – 0.1%
	1,166	Costco Wholesale Corp.		550,667
	13,944	Walmart, Inc.		1,808,537
				2,359,204
		Health Care Equipment & Supplies – 0.0%
	11,450	Abbott Laboratories		1,107,902
		Health Care Providers & Services – 0.1%
	3,102	Elevance Health, Inc.		1,409,052
	2,944	UnitedHealth Group, Inc.		1,486,838
				2,895,890
		Hotels, Restaurants & Leisure – 0.0%
	19,961	Starbucks Corp.		1,681,914
		Household Products – 0.0%
	17,204	Procter & Gamble Co. (The)		2,172,005
		IT Services – 0.0%
	4,261	Accenture PLC, Class A		1,096,355
		Life Sciences Tools & Services – 0.0%
	1,423	Thermo Fisher Scientific, Inc.		721,731
		Machinery – 0.1%
	5,672	Cummins, Inc.		1,154,309
	3,936	Deere & Co.		1,314,191
				2,468,500
		Media – 0.3%
	2,006,877	Altice USA, Inc., Class A(e)		11,700,093
	22,439	Comcast Corp., Class A		658,136
	705,779	iHeartMedia, Inc., Class A(e)		5,173,360
				17,531,589

Shares		Description	Value (†)
	Common Stocks – continued
		Metals & Mining – 0.0%
	23,525	Newmont Corp.	$	988,756
		Oil, Gas & Consumable Fuels – 0.1%
	93,585	Battalion Oil Corp.(e)		1,113,662
	4,548	Devon Energy Corp.		273,471
	8,033	Pioneer Natural Resources Co.		1,739,385
	41,644	Williams Cos., Inc. (The)		1,192,268
				4,318,786
		Pharmaceuticals – 0.1%
	15,660	Bristol-Myers Squibb Co.		1,113,269
	14,490	Johnson & Johnson		2,367,087
	14,859	Merck & Co., Inc.		1,279,657
				4,760,013
		Professional Services – 0.0%
	7,905	Clarivate PLC(e)		74,228
		REITs - Diversified – 0.1%
	4,217	American Tower Corp.		905,390
	170,568	NexPoint Diversified Real Estate Trust		2,140,628
				3,046,018
		Road & Rail – 0.0%
	7,725	Union Pacific Corp.		1,504,984
		Semiconductors & Semiconductor Equipment – 0.1%
	2,913	Broadcom, Inc.		1,293,401
	21,528	Microchip Technology, Inc.		1,313,854
	14,009	QUALCOMM, Inc.		1,582,737
				4,189,992
		Software – 0.0%
	17,622	iQor Holdings, Inc.(e)		70,488
	7,093	Microsoft Corp.		1,651,960
				1,722,448
		Specialty Retail – 0.0%
	4,163	Home Depot, Inc. (The)		1,148,738
		Technology Hardware, Storage & Peripherals – 0.0%
	11,635	Apple, Inc.		1,607,957
		Wireless Telecommunication Services – 0.7%
	260,444	T-Mobile US, Inc.(e)		34,943,771
		Total Common Stocks (Identified Cost $161,744,119)		105,823,765

Shares		Description	Value (†)
	Preferred Stocks – 1.8%
	Convertible Preferred Stocks – 1.6%
		Banking – 0.7%
	20,983	Bank of America Corp., Series L, 7.250%	$	24,613,059
	11,335	Wells Fargo & Co., Class A, Series L, 7.500%		13,647,340
				38,260,399
		Midstream – 0.3%
	372,231	El Paso Energy Capital Trust I, 4.750%		17,074,236
		Technology – 0.2%
	170,945	Clarivate PLC, Series A, 5.250%		7,289,095
		Wireless – 0.4%
	19,569	2020 Cash Mandatory Exchangeable Trust, 5.250%, 144A		22,013,168
		Total Convertible Preferred Stocks (Identified Cost $99,598,117)		84,636,898
	Non-Convertible Preferred Stocks – 0.2%
		Electric – 0.0%
	2,925	Connecticut Light & Power Co. (The), Series 1947, 1.900%		108,225
		Home Construction – 0.0%
	52,867	Hovnanian Enterprises, Inc., 7.625%		1,059,983
		REITs - Diversified – 0.0%
	16,004	iStar, Inc., Series G, 7.650%		383,019
		REITs - Office Property – 0.1%
	2,318	Highwoods Properties, Inc., Series A, 8.625%		2,723,650
		REITs - Warehouse/Industrials – 0.1%
	169,007	Prologis, Inc., Series Q, 8.540%		9,295,385
		Total Non-Convertible Preferred Stocks (Identified Cost $11,111,452)		13,570,262
		Total Preferred Stocks (Identified Cost $110,709,569)		98,207,160

Principal Amount		Description	Value (†)
	Short-Term Investments – 2.6%
$	112,480,168	Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/30/2022 at 1.100% to be repurchased at $112,490,479 on 10/03/2022 collateralized by $50,000,000 U.S. Treasury Bond, 3.125% due 5/15/2048 valued at $44,345,688; $29,542,200 U.S. Treasury Bond, 3.000% due 8/15/2052 valued at $25,807,889; $5,115,900 U.S. Treasury Inflation Indexed Note, 0.375% due 7/15/2025 valued at $6,125,717; $25,000,000 U.S. Treasury Inflation Indexed Note, 0.625% due 7/15/2032 valued at $23,277,633; $15,471,400 U.S. Treasury Note, 3.500% due 9/15/2025 valued at $15,172,848 including accrued interest(k)	$	112,480,168
	29,840,000	U.S. Treasury Bills, 2.415%, 10/20/2022(l)		29,804,015
		Total Short-Term Investments (Identified Cost $142,282,134)		142,284,183
		Total Investments – 99.4% (Identified Cost $6,364,791,621)		5,386,530,378
		Other assets less liabilities – 0.6%		34,296,232
		Net Assets – 100.0%	$	5,420,826,610

(†) Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available are priced at fair value pursuant to the Fund’s Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the Board’s oversight.

Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most extensively. Shares of open-end investment companies are valued at net asset value per share.

Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be fair valued using evaluated bids furnished by an independent pricing service, if available.

Debt securities and unlisted preferred equity securities are fair valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers. Senior loans and collateralized loan obligations are fair valued at bid prices supplied by an independent pricing service, if available. Broker-dealer bid prices may be used to fair value debt, unlisted equities, senior loans and collateralized loan obligations where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the investment. Forward foreign currency contracts are fair valued utilizing interpolated rates determined based on information provided by an independent pricing service.

The Fund may also fair value investments in other circumstances such as when extraordinary events occur after the close of a foreign market, but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer’s security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing a Fund’s investments, the valuation designee may, among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or other related market activity and/or information that occurred after the close of the foreign market but before the time the Fund’s net asset value (“NAV”) is calculated. Fair valuation by the Fund’s valuation designee may require subjective determinations about the value of the investment, and fair values used to determine a Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, the use of fair value pricing may not always result in adjustments to the prices of investments held by a Fund.

The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.

(‡) Principal Amount stated in U.S. dollars unless otherwise noted.

(a) Variable rate security. The interest rate adjusts periodically based on; (i) changes in current interest rates and/or prepayments on underlying pools of assets, if applicable, (ii) reference to a base lending rate plus or minus a margin, and/or (iii) reference to a base lending rate adjusted by a multiplier and/or subject to certain floors or caps. Rate as of September 30, 2022 is disclosed.

(b) Perpetual bond with no specified maturity date.

(c) Variable rate security. Rate as of September 30, 2022 is disclosed.

(d) The issuer is in default with respect to interest and/or principal payments. Income is not being accrued.

(e) Non-income producing security.

(f) Level 3 security. Value has been determined using significant unobservable inputs.

(g) Security (or a portion thereof) has been pledged as collateral for open derivative contracts.

(h) Interest rate represents annualized yield at time of purchase; not a coupon rate.

(i) Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund’s investment in this security is comprised of various lots with differing annualized yields.

(j) Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject to a minimum benchmark floor rate of 1.00%, to which the spread is added.

(k) The Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is the Fund’s policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon the Fund’s ability to dispose of the underlying securities. As of September 30, 2022, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

(l) Interest rate represents discount rate at time of purchase; not a coupon rate.

144A All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2022, the value of Rule 144A holdings amounted to $2,162,520,635 or 39.9% of net assets.

ABS Asset-Backed Securities

EMTN Euro Medium Term Note

FHLMC Federal Home Loan Mortgage Corp.

LIBOR London Interbank Offered Rate

MTN Medium Term Note

REITs Real Estate Investment Trusts

SOFR Secured Overnight Financing Rate

Futures Contracts

The Fund may enter into futures contracts. Futures contracts are agreements between two parties to buy and sell a particular instrument or index for a specified price on a specified future date.

When the Fund enters into a futures contract, it is required to deposit with (or for the benefit of) its broker an amount of cash or short-term high-quality securities as “initial margin.” As the value of the contract changes, the value of the futures contract position increases or declines. Subsequent payments, known as “variation margin,” are made or received by the Fund, depending on the price fluctuations in the fair value of the contract and the value of cash or securities on deposit with the broker. Realized gain or loss on a futures position is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, minus brokerage commissions. When the Fund enters into a futures contract certain risks may arise, such as illiquidity in the futures market, which may limit the Fund’s ability to close out a futures contract prior to settlement date, and unanticipated movements in the value of securities or interest rates.

Futures contracts are exchange-traded. Exchange-traded futures contracts are standardized and are settled through a clearing house with fulfillment supported by the credit of the exchange. Therefore, counterparty credit risks to the Fund are reduced; however, in the event that a counterparty enters into bankruptcy, the Fund’s claim against initial/variation margin on deposit with the counterparty may be subject to terms of a final settlement in bankruptcy court.

At September 30, 2022, open long futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
10 Year U.S. Treasury Note		12/20/2022		4,075	$	478,737,809	$	456,654,687	$	(22,083,122	)
Ultra Long U.S. Treasury Bond		12/20/2022		1,108		165,529,486		151,796,000		(13,733,486	)
Total									$	(35,816,608	)

At September 30, 2022, open short futures contracts were as follows:

Financial Futures	Expiration Date		Contracts		Notional Amount		Value		Unrealized Appreciation (Depreciation)
Ultra 10 Year U.S. Treasury Note		12/20/2022		4,824	$	605,251,925	$	571,568,625	$	33,683,300

Fair Value Measurements

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of the Fund’s assets or liabilities. These inputs are summarized in the three broad levels listed below:

• Level 1 — quoted prices in active markets for identical assets or liabilities;

• Level 2 — prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect the Fund’s own assumptions in determining the fair value of assets or liabilities and would be based on the best information available).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The Fund’s pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund’s valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

The following is a summary of the inputs used to value the Fund’s investments as of September 30, 2022, at value:

Asset Valuation Inputs

Description	Level 1		Level 2		Level 3		Total
Bonds and Notes
Non-Convertible Bonds
Independent Energy	$	—	$	186,608,504	$	789,400	$	187,397,904
Property & Casualty Insurance		—		13,188,088		1,722,963		14,911,051
All Other Non-Convertible Bonds*		—		4,255,206,941		—		4,255,206,941
Total Non-Convertible Bonds		—		4,455,003,533		2,512,363		4,457,515,896
Convertible Bonds*		—		299,104,683		—		299,104,683
Municipals*		—		77,952,693		—		77,952,693
Total Bonds and Notes		—		4,832,060,909		2,512,363		4,834,573,272
Senior Loans*		—		17,264,947		—		17,264,947
Collateralized Loan Obligations		—		188,377,051		—		188,377,051
Common Stocks
Software		1,651,960		70,488		—		1,722,448
All Other Common Stocks*		104,101,317		—		—		104,101,317
Total Common Stocks		105,753,277		70,488		—		105,823,765
Preferred Stocks
Convertible Preferred Stocks
Wireless		—		22,013,168		—		22,013,168
All Other Convertible Preferred Stocks*		62,623,730		—		—		62,623,730
Total Convertible Preferred Stocks		62,623,730		22,013,168		—		84,636,898
Non-Convertible Preferred Stocks
Electric		—		108,225		—		108,225
REITs - Office Property		—		2,723,650		—		2,723,650
REITs - Warehouse/Industrials		—		9,295,385		—		9,295,385
All Other Non-Convertible Preferred Stocks*		1,443,002		—		—		1,443,002
Total Non-Convertible Preferred Stocks		1,443,002		12,127,260		—		13,570,262
Total Preferred Stocks		64,066,732		34,140,428		—		98,207,160
Short-Term Investments		—		142,284,183		—		142,284,183
Total Investments		169,820,009		5,214,198,006		2,512,363		5,386,530,378
Futures Contracts (unrealized appreciation)		33,683,300		—		—		33,683,300
Total	$	203,503,309	$	5,214,198,006	$	2,512,363	$	5,420,213,678

Liability Valuation Inputs

Description	Level 1			Level 2		Level 3		Total
Futures Contracts (unrealized depreciation)	$	(35,816,608	)	$	—	$	—	$	(35,816,608	)

* Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments.

The Fund’s pricing policies and procedures are recommended by the adviser and approved by the Board of Trustees. Debt securities are valued based on evaluated bids furnished to the Fund by an independent pricing service. Broker-dealer bid prices may be used if an independent pricing service either is unable to price a security or does not provide a reliable price for a security. The Fund’s adviser may use internally developed models to validate broker-dealer bid prices that are only available from a single broker or market maker. Such securities are considered and classified as fair valued. Broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer are categorized in Level 3. Securities for which market quotations are not readily available are valued at fair value as determined in good faith by the Fund’s adviser pursuant to procedures approved by the Board of Trustees. Fair valued securities may be categorized in Level 3.

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value as of December 31, 2021 and/or September 30, 2022:

Asset Valuation Inputs

Investments in Securities	Balance as of December 31, 2021		Accrued Discounts (Premiums)		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Purchases		Sales		Transfers into Level 3		Transfers out of Level 3		Balance as of September 30, 2022		Change in Unrealized Appreciation (Depreciation) from Investments Still Held at September 30, 2022
Bonds and Notes
Non-Convertible Bonds Independent Energy	$	2,636,596	$	349,664	$	—	$	(2,196,860	)	$	—	$	—	$	—	$	—	$	789,400	$	(2,196,860	)
Property & Casualty Insurance		1,687,800		59,935		—		(24,772	)		—		—		—		—		1,722,963		(24,772	)
Total	$	4,324,396	$	409,599	$	—	$	(2,221,632	)	$	—	$	—	$	—	$	—	$	2,512,363	$	(2,221,632	)

Derivatives

Derivative instruments are defined as financial instruments whose value and performance are based on the value and performance of an underlying asset, reference rate or index. Derivative instruments that the Fund used at period end include futures contracts.

The Fund is subject to the risk that changes in interest rates will affect the value of the Fund’s investments in fixed-income securities. The Fund will be subject to increased interest rate risk to the extent that it invests in fixed-income securities with longer maturities or durations, as compared to investing in fixed-income securities with shorter maturities or durations. The Fund may use futures contracts to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. The Fund may use futures contracts to gain investment exposure. As of September 30, 2022, the Fund used futures contracts to manage duration.

The following is a summary of derivative instruments for the Fund, as of September 30, 2022:

Assets	Unrealized appreciation on futures contracts
Exchange-traded asset derivatives
Interest rate contracts	$	33,683,300
Liabilities	Unrealized depreciation on futures contracts
Exchange-traded liability derivatives
Interest rate contracts	$	(35,816,608	)

The Fund’s derivatives do not qualify for hedge accounting under authoritative guidance for derivative instruments. The Fund’s investments in derivatives may represent an economic hedge; however, they are considered to be non-hedge transactions for the purpose of this disclosure.

Counterparty risk is managed based on policies and procedures established by the Fund’s adviser. Such policies and procedures may include, but are not limited to, minimum counterparty credit rating requirements, monitoring of counterparty credit default swap spreads and posting of collateral. With exchange-traded derivatives, there is minimal counterparty credit risk to the Fund because the exchange’s clearinghouse, as counterparty to these instruments, stands between the buyer and the seller of the contract. Credit risk still exists in exchange-traded derivatives with respect to initial and variation margin that is held in a broker’s customer accounts. While brokers typically are required to segregate customer margin for exchange-traded derivatives from their own assets, in the event that a broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the broker for all its customers, U.S. bankruptcy laws will typically allocate that shortfall on a pro rata basis across all of the broker’s customers, potentially resulting in losses to the Fund. The following table shows the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the Fund would incur if parties (including brokers holding margin for exchange-traded derivatives) to the relevant financial instruments failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the Fund, as of September 30, 2022:

Maximum Amount of Loss - Gross	Maximum Amount of Loss - Net
$76,015,464	$76,015,464

Industry Summary at September 30, 2022 (Unaudited)

Treasuries	19.7	%
Cable Satellite	6.4
Finance Companies	4.6
ABS Home Equity	4.4
Banking	4.1
Independent Energy	3.8
ABS Car Loan	3.7
Technology	3.6
Metals & Mining	3.2
Life Insurance	3.1
ABS Other	2.8
Consumer Cyclical Services	2.5
Airlines	2.2
Pharmaceuticals	2.1
Non-Agency Commercial Mortgage-Backed Securities	2.0
Other Investments, less than 2% each	25.1
Collateralized Loan Obligations	3.5
Short-Term Investments	2.6
Total Investments	99.4
Other assets less liabilities (including futures contracts)	0.6
Net Assets	100.0	%