NPORT-P false 0001020425 XXXXXXXX S000033728 C000103966 C000103965 LITMAN GREGORY FUNDS TRUST 811-07763 0001020425 549300RB4CD8N2IPVU55 2301 Rosecrans Avenue Suite 2150 El Segundo 90245 925-254-8999 iMGP Alternative Strategies Fund S000033728 5493000UX4PWLJLQ2737 2025-12-31 2025-03-31 Y 345554757.61 8226784.72 337327972.89 0.00000000 11517387.49000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 515062.50000000 0.00000000 0.00000000 17962601.22000000 USD UST 65% US Agg / 35% Russell 3000 65% LBUSTRUU / 35% RAY Marble Point CLO XII Ltd. 6354001RDKFQVFWCL963 56606LAG8 500000.00000000 PA USD 500988.00000000 0.148516589273 Long ABS-CBDO CORP KY N 2 2031-07-16 Floating 7.56900000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382HD64 9254470.59000000 PA USD 364906.55000000 0.108175597438 Long ABS-MBS USGA US N 2 2050-08-20 Floating 0.00000000 N N N N N N MARS INC 54930073HKEO6GZBSS03 571676BA2 65000.00000000 PA USD 65157.99000000 0.019315916626 Long DBT CORP US N 2 2035-03-01 Fixed 5.20000000 N N N N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023DT9 135000.00000000 PA USD 146336.41000000 0.043381048048 Long DBT CORP US N 2 2054-05-01 Fixed 6.85800000 N N N N N N CIFC Funding Ltd 2549009RG3XZEWMXDF59 12549BAU2 205000.00000000 PA USD 205205.82000000 0.060832731493 Long ABS-CBDO CORP KY N 2 2030-10-18 Floating 6.50500000 N N N N N N Time Warner Cable LLC 549300U5NFR7S6E3GM41 88732JAJ7 20000.00000000 PA USD 19802.15000000 0.005870295851 Long DBT CORP US N 2 2037-05-01 Fixed 6.55000000 N N N N N N RIVERBED TECHNOLOGY XWT9B0BASIY6FJ5R7M02 000000000 6102.21000000 NS USD 793.29000000 0.000235168756 Long EC CORP US N 2 N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B7FE6 21574947.31000000 PA USD 111365.56000000 0.033014030543 Long ABS-MBS USGSE US N 2 2029-11-25 Variable 0.12600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382HKF6 5380549.02000000 PA USD 658337.61000000 0.195162471810 Long ABS-MBS USGA US N 2 2050-08-20 Floating 1.81600000 N N N N N N STARWOOD PROPERTY TRUST BUGSFQZERKRBFWIG5267 85571BBB0 100000.00000000 PA USD 102646.40000000 0.030429258244 Long DBT US N 2 2029-04-01 Fixed 7.25000000 N N N N N N MF1 Multifamily Housing Mortgage Loan Trust N/A 59319MAJ2 350000.00000000 PA USD 354602.15000000 0.105120884865 Long ABS-CBDO CORP US N 2 2038-10-19 Floating 9.58900000 N N N N N N Credit Suisse First Boston Mortgage Securities N/A 2254W0PC3 886736.69000000 PA USD 458230.32000000 0.135841186271 Long ABS-MBS CORP US N 2 2035-12-25 Fixed 6.00000000 N N N N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 000000000 100000.00000000 PA 104486.13000000 0.030974641416 Long DBT CORP DE Y 2 2030-02-21 Fixed 3.25000000 N N N N N Delivery Hero SE EUR XXXX N N N Starwood Commercial Mortgage Trust N/A 78485WAJ8 400000.00000000 PA USD 395490.00000000 0.117241981627 Long ABS-CBDO CORP KY N 2 2038-07-15 Floating 6.78400000 N N N N N N HCA INC L3CJ6J7LJ2DX62FTXD46 404119CU1 295000.00000000 PA USD 296113.76000000 0.087782153808 Long DBT CORP US N 2 2034-04-01 Fixed 5.60000000 N N N N N N Credit Suisse Mortgage Trust N/A 126407AF2 1100000.00000000 PA USD 739911.70000000 0.219344898574 Long ABS-MBS CORP US N 2 2065-05-25 Variable 3.83100000 N N N N N N PRIMO / TRITON WATER HLD N/A 74168RAB9 200000.00000000 PA USD 191023.99000000 0.056628564884 Long DBT CORP US N 2 2029-04-30 Fixed 4.37500000 N N N N N N HarborView Mortgage Loan Trust N/A 41161PKA0 151050.12000000 PA USD 121186.28000000 0.035925357438 Long ABS-MBS CORP US N 2 2035-01-19 Floating 5.07100000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38377QY84 175102.20000000 PA USD 174345.16000000 0.051684169120 Long ABS-MBS USGA US N 2 2041-03-20 Fixed 4.50000000 N N N N N N Verus Securitization Trust N/A 92538QAF7 2000000.00000000 PA USD 1480866.20000000 0.438998932496 Long ABS-MBS CORP US N 2 2066-10-25 Variable 4.19200000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380RJ84 9041418.64000000 PA USD 473594.03000000 0.140395718132 Long ABS-MBS USGA US N 2 2063-04-16 Variable 0.72100000 N N N N N N MOOG INC 549300WM2I4U7OBAHG07 615394AM5 50000.00000000 PA USD 48079.33000000 0.014252992299 Long DBT CORP US N 2 2027-12-15 Fixed 4.25000000 N N N N N N YUZHOU GROUP 213800MP59KHGJSPHE82 000000000 200000.00000000 PA USD 15000.00000000 0.004446710977 Long DBT CORP KY Y 2 2025-05-27 None 0.00000000 Y N N N N N ENQUEST PLC 2138008LJU6WFQWOXJ73 29357JAC0 290000.00000000 PA USD 298585.06000000 0.088514764263 Long DBT CORP GB N 2 2027-11-01 Fixed 11.62500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B5NQ4 5243563.36000000 PA USD 628684.37000000 0.186371845955 Long ABS-MBS USGSE US N 2 2049-07-25 Floating 1.59600000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396VSJ8 232866.62000000 PA USD 20607.95000000 0.006109173165 Long ABS-MBS USGSE US N 2 2037-05-25 Floating 1.66600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380QNT5 7114687.31000000 PA USD 559791.42000000 0.165948710154 Long ABS-MBS USGA US N 2 2070-11-20 Variable 1.77800000 N N N N N N First Horizon Alternative Mortgage Securities N/A 32052WAG4 208175.93000000 PA USD 74791.76000000 0.022171822680 Long ABS-MBS CORP US N 2 2037-08-25 Fixed 6.00000000 N N N N N N VERTEX INC 549300QMYW171MP1PL50 92538JAA4 7000.00000000 PA USD 8351.88000000 0.002475893098 Long DBT CORP US N 2 2029-05-01 Fixed 0.75000000 N N N N Y Vertex, Inc. USD XXXX N N N Upstart Securitization Trust N/A 91680F102 1000.00000000 PA USD 89528.03000000 0.026540351585 Long ABS-O CORP US N 2 2031-06-20 None 0.00000000 N N N N N N Vision Solutions Inc N/A 70477BAE2 3454.51000000 PA USD 3340.68000000 0.000990335895 Long LON CORP US N 2 2028-04-24 Floating 8.55200000 N N N N N N NORTHERN OIL & GAS INC OKFF0PIZDDMNH4UCYE51 665531AJ8 18000.00000000 PA USD 19035.90000000 0.005643143032 Long DBT CORP US N 2 2029-04-15 Fixed 3.62500000 N N N N Y Northern Oil & Gas, Inc. USD XXXX N N N Carval CLO LTD 254900DAR7W0XP2CHD65 146918AC1 285000.00000000 PA USD 285557.75000000 0.084652852105 Long ABS-CBDO CORP KY N 2 2037-07-20 Floating 6.09300000 N N N N N N Grupo Mexico SAB de CV 529900JWLZAYET2ZGW20 000000000 4249.00000000 NS 21233.32000000 0.006294562475 Long EC CORP MX N 1 N N N PROSPECT CAPITAL CORP 549300FSD8T39P5Q0O47 74348TAW2 172000.00000000 PA USD 148431.71000000 0.044002194282 Long DBT CORP US N 2 2028-10-15 Fixed 3.43700000 N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380QQG0 9685387.34000000 PA USD 648497.70000000 0.192245456089 Long ABS-MBS USGA US N 2 2070-09-20 Variable 2.51100000 N N N N N N Azelis Group NV 699400M9RRMTV264FM70 000000000 452.00000000 NS 7919.17000000 0.002347617344 Long EC CORP BE N 1 N N N AASET 2021-1 Trust N/A 00038PAA8 198011.48000000 PA USD 187117.19000000 0.055470404187 Long ABS-O CORP US N 2 2041-11-16 Fixed 2.95000000 N N N N N N SUMMIT MIDSTREAM HOLDING N/A 86614JAA3 70000.00000000 PA USD 71404.27000000 0.021167610082 Long DBT CORP US N 2 2029-10-31 Fixed 8.62500000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797NZ6 35000000.00000000 PA USD 34942962.09000000 10.35875020699 Long STIV UST US N 2 2025-04-15 None 0.00000000 N N N N N N EchoStar Corp 549300EE20907QZ9GT38 278768106 220.00000000 NS USD 5627.60000000 0.001668287379 Long EC CORP US N 1 N N Sound Holdings FP N/A 000000000 17500.00000000 NS 349233.02000000 0.103529220244 Long EC CORP US N 3 N N N United States Treasury 254900HROIFWPRGM1V77 912810TA6 1400000.00000000 PA USD 945765.63000000 0.280369760591 Long DBT UST US N 2 2041-08-15 Fixed 1.75000000 N N N N N N Countrywide Alternative Loan Trust N/A 12669FEE9 51568.59000000 PA USD 52297.78000000 0.015503540827 Long ABS-MBS CORP US N 2 2033-12-25 Fixed 5.75000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137FFBT3 4764417.33000000 PA USD 797890.30000000 0.236532503712 Long ABS-MBS USGSE US N 2 2051-02-25 Fixed 3.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AKEF4 946085.62000000 PA USD 91736.06000000 0.027194916334 Long ABS-MBS USGSE US N 2 2042-01-15 Floating 1.48700000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A24U4 239761.91000000 PA USD 229398.30000000 0.068004529252 Long ABS-MBS USGSE US N 2 2042-01-25 Fixed 4.00000000 N N N N N N RITHM CAPITAL CORP 549300WNTHGEO5LP2G31 64828TAB8 382000.00000000 PA USD 380160.40000000 0.112697561587 Long DBT US N 2 2029-04-01 Fixed 8.00000000 N N N N N N POST HOLDINGS INC JM1I5YUAURL6DC8N1468 737446AR5 957000.00000000 PA USD 867674.29000000 0.257219786004 Long DBT CORP US N 2 2031-09-15 Fixed 4.50000000 N N N N N N GLP CAPITAL LP / FIN II N/A 361841AR0 195000.00000000 PA USD 168990.12000000 0.050096681443 Long DBT US N 2 2032-01-15 Fixed 3.25000000 N N N N N N Countrywide Home Loans N/A 12669FV75 2840.39000000 PA USD 2597.49000000 0.000770019153 Long ABS-MBS CORP US N 2 2034-09-20 Variable 5.85500000 N N N N N N Wellfleet CLO Ltd N/A 94951AAE9 250000.00000000 PA USD 250676.25000000 0.074312322174 Long ABS-CBDO CORP KY N 2 2037-07-18 Floating 6.34300000 N N N N N N TARGA RESOURCES CORP 5493003QENHHS261UR94 87612GAF8 310000.00000000 PA USD 330412.75000000 0.097950000164 Long DBT CORP US N 2 2034-03-30 Fixed 6.50000000 N N N N N N JP Morgan Mortgage Trust N/A 46630GAN5 4640.61000000 PA USD 4427.50000000 0.001312520856 Long ABS-MBS CORP US N 3 2035-07-25 Variable 7.19100000 N N N N N N RR 2 LTD 54930098CLSTWMH4JW47 78109RAJ5 500000.00000000 PA USD 489400.50000000 0.145081505043 Long ABS-CBDO CORP KY N 2 2036-04-15 Floating 10.36400000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPBT9 325000.00000000 PA USD 320272.19000000 0.094943857533 Long DBT CORP US N 2 2027-05-01 Fixed 5.12500000 N N N N N N Pagaya AI Debt Selection Trust N/A 69546VAE7 0.02000000 PA USD 0.02000000 0.000000005928 Long ABS-O CORP US N 2 2030-01-15 Variable 6.63000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38375XRE6 91130.79000000 PA USD 5193.07000000 0.001539472091 Long ABS-MBS USGA US N 2 2038-08-20 Floating 3.19600000 N N N N N N ENSTAR GROUP LTD 213800AMAL5QFXVUCN04 29359UAC3 214000.00000000 PA USD 184362.75000000 0.054653857615 Long DBT CORP BM N 2 2031-09-01 Fixed 3.10000000 N N N N N N IndyMac INDX Mortgage Loan Trust N/A 45660LQH5 161887.16000000 PA USD 117500.65000000 0.034832762012 Long ABS-MBS CORP US N 2 2035-08-25 Variable 3.83400000 N N N N N N Heineken Holding NV 724500M1WJLFM9TYBS04 000000000 2460.00000000 NS 177657.59000000 0.052666130376 Long EC CORP NL N 1 N N N Fixed Income Clearing Corp 549300H47WTHXPU08X20 000000000 72352336.45000000 PA USD 72352336.45000000 21.44866191502 Long RA CORP US N 2 Repurchase N 1.36000000 2025-04-01 72861800.00000000 USD 73799383.18000000 USD UST N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398GZX0 16311.12000000 PA USD 1072.30000000 0.000317880545 Long ABS-MBS USGSE US N 2 2040-02-25 Floating 0.34600000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137F7LN3 5901689.73000000 PA USD 889695.66000000 0.263747963851 Long ABS-MBS USGSE US N 2 2050-11-25 Fixed 3.00000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ACSU4 56961.48000000 PA USD 4666.06000000 0.001383241348 Long ABS-MBS USGSE US N 2 2041-07-15 Floating 1.50700000 N N N N N N Oi SA 254900YEMWCRRAGD4978 670851807 12251.00000000 NS USD 6125.50000000 0.001815888539 Long EC CORP BR N 2 N N N UBS-Barclays Commercial Mortgage Trust N/A 90270YAL3 275000.00000000 PA USD 247511.44000000 0.073374122483 Long ABS-MBS CORP US N 2 2046-03-10 Variable 3.64900000 N N N N N N Residential Funding Mtg Sec I N/A 762010AE6 246990.15000000 PA USD 197670.66000000 0.058598952914 Long ABS-MBS CORP US N 2 2036-04-25 Fixed 6.00000000 N N N N N N Electriq Power Holdings Inc N/A 285046116 5576.00000000 NS USD 0.00000000 0.000000 N/A DE US N 1 N/A N/A Call Purchased Electriq Power Holdings Inc Electriq Power Holdings Inc 1.00000000 11.50000000 USD 2028-07-31 XXXX -442.48000000 N N N CHARTER COMM OPT LLC/CAP N/A 161175CK8 40000.00000000 PA USD 32200.32000000 0.009545701094 Long DBT CORP US N 2 2053-04-01 Fixed 5.25000000 N N N N N N Banc of America Funding Corporation N/A 058928AN2 166699.14000000 PA USD 145410.13000000 0.043106454752 Long ABS-MBS CORP US N 2 2036-03-20 Variable 4.48500000 N N N N N N MF1 Multifamily Housing Mortgage Loan Trust N/A 59319MAG8 400000.00000000 PA USD 402270.40000000 0.119252013568 Long ABS-CBDO CORP US N 2 2038-10-19 Floating 8.09400000 N N N N N N AMDOCS LTD 549300HQV672RJ7RQV66 02342TAE9 104000.00000000 PA USD 92447.15000000 0.027405717115 Long DBT CORP GG N 2 2030-06-15 Fixed 2.53800000 N N N N N N Kaisa Group Holdings Ltd 254900N8L3L7NRJT0120 000000000 1005000.00000000 PA USD 47938.50000000 0.014211243612 Long DBT CORP KY Y 2 2024-06-30 None 0.00000000 Y N N N N N GUIDEWIRE SOFTWARE INC 549300WXSG0J8IXZCK32 40171VAB6 20000.00000000 PA USD 20880.00000000 0.006189821680 Long DBT CORP US N 2 2029-11-01 Fixed 1.25000000 N N N N Y Guidewire Software, Inc. USD XXXX N N N PINNACLE WEST CAPITAL TWSEY0NEDUDCKS27AH81 723484AJ0 9000.00000000 PA USD 10124.34000000 0.003001334254 Long DBT CORP US N 2 2027-06-15 Fixed 4.75000000 N N N N Y Pinnacle West Capital Corp. USD XXXX N N N KAISA GROUP HOLDINGS LTD 254900N8L3L7NRJT0120 000000000 200000.00000000 PA USD 9356.00000000 0.002773561860 Long DBT CORP KY Y 2 2025-07-23 None 0.00000000 Y N N N N N MLCC Mortgage Investors Inc N/A 590219AE1 1028.97000000 PA USD 952.55000000 0.000282380969 Long ABS-MBS CORP US N 2 2036-05-25 Variable 6.27500000 N N N N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 1420.00000000 NS USD 101941.80000000 0.030220381407 Long EC CORP US N 1 N N N MF1 Multifamily Housing Mortgage Loan Trust N/A 55416AAL3 300000.00000000 PA USD 302133.12000000 0.089566577420 Long ABS-CBDO CORP US N 2 2039-03-19 Floating 10.60500000 N N N N N N BROADCOM INC 549300WV6GIDOZJTV909 11135FBP5 350000.00000000 PA USD 290124.20000000 0.086006564328 Long DBT CORP US N 2 2035-11-15 Fixed 3.13700000 N N N N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 335934AV7 260000.00000000 PA USD 273771.16000000 0.081158748162 Long DBT CORP CA N 2 2029-03-01 Fixed 9.37500000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397PJ35 18330.36000000 PA USD 1243.73000000 0.000368700522 Long ABS-MBS USGSE US N 2 2037-11-15 Floating 1.53700000 N N N N N N AXON ENTERPRISE INC 549300QP2IEEGFE16681 05464CAD3 25000.00000000 PA USD 25274.21000000 0.007492473803 Long DBT CORP US N 2 2033-03-15 Fixed 6.25000000 N N N N N N New York Mercantile Exchange 5493008GFNDTXFPHWI47 000000000 -97.00000000 NC USD -240442.73000000 -0.07127862179 N/A DCO US N 1 New York Mercantile Exchange 5493008GFNDTXFPHWI47 Short NYMEX Light Sweet Crude Oil Futures CLM5 Comdty 2025-05-20 -6641707.27000000 USD -240442.73000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 18.00000000 NC USD 90.00000000 0.000026680265 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Put Purchased Paycor HCM, Inc. Paycor HCM, Inc. 100.00000000 20.00000000 USD 2025-06-20 XXXX -120.13000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396YN99 638386.20000000 PA USD 61652.47000000 0.018276714341 Long ABS-MBS USGSE US N 2 2038-04-25 Floating 1.54600000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 81.00000000 NC USD 405.00000000 0.000120061196 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Purchased Omnicom Group, Inc. Omnicom Group, Inc. 100.00000000 100.00000000 USD 2025-04-17 XXXX -19272.88000000 N N N ROCKETMTGE CO-ISSUER INC N/A 77313LAB9 545000.00000000 PA USD 466902.92000000 0.138412155979 Long DBT CORP US N 2 2033-10-15 Fixed 4.00000000 N N N N N N SIRIUSPOINT LTD 549300OGXFI85N3YZZ51 82969BAA0 70000.00000000 PA USD 73064.51000000 0.021659783911 Long DBT CORP BM N 2 2029-04-05 Fixed 7.00000000 N N N N N N Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 000000000 13000000.00000000 OU Notional Amount USD -695409.00000000 -0.20615218893 N/A DCR US N 2 Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 CDX.NA.HY.S43 2I65BRAD3 Y buy protection 2029-12-20 0.00000000 USD -1089544.30000000 USD 13000000.00000000 USD 394135.30000000 N N N GS Mortgage Securities Trust 549300E4QCAQ0FY44H36 36197VAE8 1125000.00000000 PA USD 483750.00000000 0.143406429017 Long ABS-MBS CORP US N 2 2033-03-05 Variable 3.55000000 N N N N N N Rohto Pharmaceutical Co Ltd 353800Q1CW5OS81OUM12 000000000 100.00000000 NS 1491.80000000 0.000442240229 Long EC CORP JP N 1 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A9AP3 538057.44000000 PA USD 56691.88000000 0.016806160341 Long ABS-MBS USGSE US N 2 2042-10-25 Floating 1.70600000 N N N N N N MH Sub I LLC 2549005VFKP807SR8N49 45567YAN5 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US N 2 2028-05-03 Floating 8.57500000 N N N N N N Morgan Stanley Capital I Trust N/A 61691XAQ6 1508000.00000000 PA USD 10652.36000000 0.003157864409 Long ABS-MBS CORP US N 2 2036-05-15 Floating 7.23400000 N N N N N N Education Funding Trust N/A 28141PAA3 0.11000000 PA USD 0.10000000 0.000000029644 Long ABS-O CORP US N 2 2041-07-25 Fixed 2.79000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397PCU2 70427.88000000 PA USD 6053.67000000 0.001794594722 Long ABS-MBS USGSE US N 2 2036-08-15 Floating 1.84700000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398FQA2 93891.70000000 PA USD 5671.11000000 0.001681185806 Long ABS-MBS USGSE US N 2 2036-09-25 Floating 1.34600000 N N N N N N WASTE CONNECTIONS INC 549300HDLRTPBQU69P29 94106BAC5 725000.00000000 PA USD 613306.44000000 0.181813098613 Long DBT CORP CA N 2 2032-01-15 Fixed 2.20000000 N N N N N N iHeartMedia Inc N/A 45174J509 10075.00000000 NS USD 16623.75000000 0.004928067440 Long EC CORP US N 1 N N N U.S FARMING REALTY TRUST N/A 000000000 1300000.00000000 NS USD 48847.50000000 0.014480714297 Long EC CORP US N 3 N N N LCM Ltd Partnership 549300K6S4MWQOINB710 50190BAB6 1000000.00000000 PA USD 777941.00000000 0.230618585626 Long ABS-CBDO CORP KY N 2 2031-10-15 Floating 10.56400000 N N N N N N ESCROW ALTEGRITY INC N/A 021ESC017 114390.00000000 NS USD 140699.70000000 0.041710060032 Long EC CORP US N 3 N N N Vericrest Opportunity Loan Transferee N/A 92873AAA6 16116.44000000 PA USD 16135.76000000 0.004783404074 Long ABS-O CORP US N 2 2051-02-27 Variable 6.24000000 N N N N N N Octagon Investment Partners XVI LTD N/A 67590DAE6 1500000.00000000 PA USD 25916.10000000 0.007682760423 Long ABS-CBDO CORP KY N 2 2030-07-17 Variable 0.00000000 N N N N N N TRANSDIGM INC 88Q84GB3X55CF5OC7582 893647BQ9 196000.00000000 PA USD 185928.44000000 0.055118002342 Long DBT CORP US N 2 2029-05-01 Fixed 4.87500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382YHR7 14680550.99000000 PA USD 1009513.96000000 0.299267787177 Long ABS-MBS USGA US N 2 2071-11-20 Variable 1.12200000 N N N N N N GSAA Home Equity Trust N/A 362375AE7 516115.32000000 PA USD 117120.86000000 0.034720174255 Long ABS-MBS CORP US N 2 2036-06-25 Variable 6.94800000 N N N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B9EB9 26663805.72000000 PA USD 1028630.96000000 0.304934972094 Long ABS-MBS USGSE US N 2 2032-07-25 Variable 0.88500000 N N N N N N Residential Asset Securitization Trust N/A 761136AH3 227880.35000000 PA USD 68669.60000000 0.020356924275 Long ABS-MBS CORP US N 2 2037-03-25 Fixed 6.00000000 N N N N N N Citimortgage Alternative Loan Trust N/A 18976GAE6 1085993.24000000 PA USD 941721.64000000 0.279170930276 Long ABS-MBS CORP US N 2 2037-06-25 Fixed 6.00000000 N N N N N N SLM Student Loan Trust N/A 78443CAJ3 69000.00000000 PA USD 68972.33000000 0.020446667796 Long ABS-O CORP US N 2 2032-06-15 Variable 8.29700000 N N N N N N Wind River CLO Ltd N/A 87245LAA3 2000000.00000000 PA USD 300.00000000 0.000088934219 Long ABS-CBDO CORP KY N 2 2031-01-15 None 0.00000000 N N N N N N CANYON CAPITAL CLO LTD N/A 13877QAA3 1000000.00000000 PA USD 1002032.00000000 0.297049779600 Long ABS-CBDO CORP KY N 2 2034-10-15 Floating 10.86400000 N N N N N N CSAIL Commercial Mortgage Trust 549300C2HE5FJAWYZL57 12636MAL2 1130000.00000000 PA USD 1069035.26000000 0.316912721717 Long ABS-MBS CORP US N 2 2049-01-15 Variable 4.91800000 N N N N N N QUIKRETE HOLDINGS INC 5493007KIN86DIZWZT22 74843PAA8 305000.00000000 PA USD 307038.93000000 0.091020892032 Long DBT CORP US N 2 2032-03-01 Fixed 6.37500000 N N N N N N ALPHA HOLDING SA 549300R872G37EN6NT94 02074AAB0 565638.53000000 PA USD 4242.29000000 0.001257615834 Long DBT CORP MX N 2 2025-02-10 None 0.00000000 Y N N N N N SHIMAO GROUP HOLDINGS LT 254900WTJ6B5CU69ZD26 000000000 200000.00000000 PA USD 11000.00000000 0.003260921383 Long DBT CORP KY Y 2 2027-01-16 None 0.00000000 Y N N N N N Battalion Oil Corp 3XHTN2NNIMMPORDAMJ28 07134L107 9917.00000000 NS USD 12892.10000000 0.003821829506 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AGNT3 14995.77000000 PA USD 12047.08000000 0.003571325525 Long ABS-MBS USGSE US N 2 2041-10-15 Floating 1.31100000 N N N N N N DELEK LOG PART/FINANCE N/A 24665FAD4 237000.00000000 PA USD 245607.37000000 0.072809665885 Long DBT CORP US N 2 2029-03-15 Fixed 8.62500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382JPV2 4877577.16000000 PA USD 673040.29000000 0.199521043047 Long ABS-MBS USGA US N 2 2050-09-20 Floating 1.86600000 N N N N N N ENERGEAN ISRAEL FINANCE 98450044QACBL3F8EB03 000000000 185000.00000000 PA USD 176905.88000000 0.052443287902 Long DBT CORP IL Y 2 2028-03-30 Fixed 5.37500000 N N N N N N OVINTIV INC 2549003MEX7YMKLGI239 292505AD6 10000.00000000 PA USD 10405.44000000 0.003084665618 Long DBT CORP US N 2 2034-08-15 Fixed 6.50000000 N N N N N N TELEDYNE TECHNOLOGIES IN 549300VSMO9KYQWDND94 879360AE5 400000.00000000 PA USD 356187.81000000 0.105590949647 Long DBT CORP US N 2 2031-04-01 Fixed 2.75000000 N N N N N N Holcim AG 529900EHPFPYHV6IQO98 000000000 2161.00000000 NS 230894.34000000 0.068448026418 Long EC CORP CH N 1 N N N M/I HOMES INC 5299005M71FH9CCSFB69 55305BAV3 310000.00000000 PA USD 283731.90000000 0.084111583622 Long DBT CORP US N 2 2030-02-15 Fixed 3.95000000 N N N N N N Uber Technologies Inc 549300B2FTG34FILDR98 90353T100 690.00000000 NS USD 50273.40000000 0.014903418643 Long EC CORP US N 1 N N N Maps LTD N/A 56564RAA8 95412.40000000 PA USD 94946.09000000 0.028146521376 Long ABS-O CORP BM N 2 2043-05-15 Fixed 4.21200000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31398KZS2 34276.75000000 PA USD 2579.43000000 0.000764665313 Long ABS-MBS USGSE US N 2 2039-11-15 Floating 1.88700000 N N N N N N ALLIANCE RES OP/FINANCE N/A 01879NAC9 370000.00000000 PA USD 387169.48000000 0.114775385119 Long DBT CORP US N 2 2029-06-15 Fixed 8.62500000 N N N N N N IndyMac INDX Mortgage Loan Trust N/A 45660NU45 99970.06000000 PA USD 79455.28000000 0.023554311052 Long ABS-MBS CORP US N 2 2034-09-25 Floating 5.65500000 N N N N N N ECHOSTAR CORP 549300EE20907QZ9GT38 278768AC0 580194.00000000 PA USD 609002.37000000 0.180537168258 Long DBT CORP US N 2 2029-11-30 Fixed 10.75000000 N N N N N N CONTRA CINCOR PHARMA I N/A 172CVR011 54961.00000000 NS USD 205504.68000000 0.060921327762 N/A DE US N 2 N/A N/A CinCor Pharma, Inc. CinCor Pharma, Inc. 2099-12-31 XXXX 37324.02000000 N N N VALVOLINE INC 549300CMHPBEY6VPOT75 92047WAG6 490000.00000000 PA USD 426205.43000000 0.126347490944 Long DBT CORP US N 2 2031-06-15 Fixed 3.62500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398FC82 22521.66000000 PA USD 1385.75000000 0.000410801982 Long ABS-MBS USGSE US N 2 2037-04-25 Floating 1.26600000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ACJZ3 65963.24000000 PA USD 5187.76000000 0.001537897955 Long ABS-MBS USGSE US N 2 2041-06-15 Floating 1.48700000 N N N N N N OI SA 254900YEMWCRRAGD4978 67117EAG3 319004.00000000 PA USD 33495.42000000 0.009929630120 Long DBT CORP BR N 2 2028-12-31 Fixed 8.50000000 N N Y N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651CAJ7 219000.00000000 PA USD 211547.69000000 0.062712762356 Long ABS-MBS CORP US N 2 2032-05-05 Fixed 4.34300000 N N N N N N BioMarin Pharmaceutical Inc NSLL8ITTRR0J5HEMR848 09061G101 2385.00000000 NS USD 168595.65000000 0.049979741838 Long EC CORP US N 1 N N N MACQUARIE AIRFINANCE HLD 549300MCGUSL5B852H65 55609NAE8 30000.00000000 PA USD 29588.11000000 0.008771318235 Long DBT CORP GB N 2 2030-03-17 Fixed 5.15000000 N N N N N N WESTINGHOUSE AIR BRAKE 06BTX5UWZD0GQ5N5Y745 960386AR1 400000.00000000 PA USD 409724.87000000 0.121461871806 Long DBT CORP US N 2 2034-03-11 Fixed 5.61100000 N N N N N N Lehman Mortgage Trust N/A 52521FAB3 711041.60000000 PA USD 709560.93000000 0.210347491766 Long ABS-MBS CORP US N 2 2037-02-25 Fixed 5.75000000 N N N N N N Arbor Realty Collateralized Loan Obligation Ltd N/A 03880XAG1 420000.00000000 PA USD 420531.30000000 0.124665409867 Long ABS-CBDO CORP KY N 2 2037-01-15 Floating 6.64900000 N N N N N N Barclays Commercial Mortgage Securities LLC N/A 05555FAK0 2125000.00000000 PA USD 217012.86000000 0.064332897785 Long ABS-MBS CORP US N 2 2057-07-15 Variable 2.74400000 N N N N N N State Street Global Advisors 5493008BJIBKQ5KTIF74 857509301 1196772.50000000 NS USD 1196772.50000000 0.354780094205 Long STIV RF US N 1 N N Madison Park Funding Ltd N/A 55822EAQ2 305000.00000000 PA USD 305383.08000000 0.090530019607 Long ABS-CBDO CORP KY N 2 2037-04-18 Floating 6.54300000 N N N N N N Octagon Investment Partners 26 Ltd 549300ZYOSZSIH0Y3392 675714AG4 1000000.00000000 PA USD 510814.00000000 0.151429481410 Long ABS-CBDO CORP KY N 2 2030-07-15 Floating 12.65400000 N N N N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 7.00000000 NC USD 4970.95000000 0.001473625195 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long CME E-mini Russell 2000 Index Futures RTYM5 Index 2025-06-20 704514.05000000 USD 4970.95000000 N N N Canyon Capital CLO Ltd N/A 13877AAA8 500000.00000000 PA USD 497348.50000000 0.147437668966 Long ABS-CBDO CORP KY N 2 2031-07-15 Floating 10.31400000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967424 3067.00000000 NS USD 217726.33000000 0.064544404110 Long EC CORP US N 1 N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136BLQ29 67855000.00000000 PA USD 528824.55000000 0.156768662103 Long ABS-MBS USGSE US N 2 2030-05-25 Variable 0.17800000 N N N N N N AVOLON HOLDINGS FNDG LTD 635400ZRKEX9L1BKCH30 05401AAZ4 45000.00000000 PA USD 45021.30000000 0.013346447261 Long DBT CORP KY N 2 2030-05-30 Fixed 5.37500000 N N N N N iShares S&P 500 Growth ETF 549300RYFG0B8O3DPR13 464287309 -20.00000000 NS USD -1856.60000000 -0.00055038424 Short EC RF US N 1 N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B4KD9 23158546.96000000 PA USD 274104.56000000 0.081257583725 Long ABS-MBS USGSE US N 2 2029-02-25 Variable 0.48600000 N N N N N N DT MIDSTREAM INC N/A 23345MAA5 568000.00000000 PA USD 535504.83000000 0.158749013730 Long DBT CORP US N 2 2029-06-15 Fixed 4.12500000 N N N N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BN6 100000.00000000 PA USD 97060.29000000 0.028773270466 Long DBT CORP US N 2 2029-01-31 Fixed 11.75000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398MQW9 79649.70000000 PA USD 3297.79000000 0.000977621266 Long ABS-MBS USGSE US N 2 2040-03-25 Floating 0.49600000 N N N N N N ARCELORMITTAL SA 2EULGUTUI56JI9SAL165 03938LBF0 55000.00000000 PA USD 59110.53000000 0.017523162841 Long DBT CORP LU N 2 2032-11-29 Fixed 6.80000000 N N N N N N AIRCASTLE LTD 549300PNK8AKY3OIKP58 00928QAY7 65000.00000000 PA USD 66810.19000000 0.019805707017 Long DBT CORP BM N 2 2029-02-15 Fixed 5.95000000 N N N N N N Credit Suisse Mortgage Trust 549300818AKCJ4Q9TD76 12649AAQ2 1475000.00000000 PA USD 836601.56000000 0.248008356031 Long ABS-MBS CORP US N 2 2037-09-15 Fixed 4.37300000 N N N N N N BLOCK FINANCIAL LLC N/A 093662AH7 200000.00000000 PA USD 187547.23000000 0.055597888426 Long DBT CORP US N 2 2030-08-15 Fixed 3.87500000 N N N N N N Bollore SE 969500LEKCHH6VV86P94 000000000 98124.00000000 NS 571994.11000000 0.169566165859 Long EC CORP FR N 1 N N N SYNCHRONY FINANCIAL 549300RS7EWPM9MA6C78 87165BAV5 105000.00000000 PA USD 106440.86000000 0.031554116039 Long DBT CORP US N 2 2030-08-02 Fixed 5.93500000 N N N N N N Social Professional Loan Program LLC N/A 83401B106 133000.00000000 PA USD 1003125.63000000 0.297373983368 Long ABS-O CORP US N 2 2041-01-25 None 0.00000000 N N N N N N RELX CAPITAL INC 2R15C3RTKJN1RCBOV146 74949LAE2 130000.00000000 PA USD 128139.83000000 0.037986719246 Long DBT CORP US N 2 2032-05-20 Fixed 4.75000000 N N N N N N Ross Acquisition Corp II N/A 000000000 1039.00000000 NS USD 0.00000000 0.000000 N/A DE KY N 1 N/A N/A Call Purchased Ross Acquisition Corp. II Ross Acquisition Corp. II 1.00000000 11.50000000 USD 2026-02-12 XXXX -203.00000000 N N N Progress Residential Trust N/A 74333HAL9 125000.00000000 PA USD 120647.25000000 0.035765563397 Long ABS-O CORP US N 2 2038-07-17 Fixed 2.52500000 N N N N N N IHEARTCOMMUNICATIONS INC 54930076J6KDZL504O62 45174HBM8 115700.00000000 PA USD 86080.92000000 0.025518464793 Long DBT CORP US N 2 2030-08-15 Fixed 7.75000000 N N N N N N Countrywide Alternative Loan Trust N/A 12667FLT0 30857.37000000 PA USD 30997.08000000 0.009189003726 Long ABS-MBS CORP US N 2 2034-07-25 Fixed 5.50000000 N N N N N N GCAT N/A 36167CAA4 26532.17000000 PA USD 25641.24000000 0.007601278891 Long ABS-MBS CORP US N 2 2068-10-25 Variable 2.65000000 N N N N N N SOMNIGROUP INTL INC 549300HFEKVR3US71V91 88023UAJ0 620000.00000000 PA USD 545118.69000000 0.161599017516 Long DBT CORP US N 2 2031-10-15 Fixed 3.87500000 N N N N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 6200.00000000 NS USD 228780.00000000 0.067821235825 Long EC CORP US N 1 N N N MVW 2020-1 LLC N/A 55400EAC3 0.01000000 PA USD 0.01000000 0.000000002964 Long ABS-O CORP US N 2 2037-10-20 Fixed 4.21000000 N N N N N N Hilton USA Trust N/A 43289VAA1 500000.00000000 PA USD 414628.90000000 0.122915658742 Long ABS-MBS CORP US N 2 2035-11-05 Fixed 2.82800000 N N N N N N Carlyle C17 CLO N/A 14308FAA4 500000.00000000 PA USD 482606.50000000 0.143067441417 Long ABS-CBDO CORP KY N 2 2031-04-30 Floating 10.54900000 N N N N N N BROADRIDGE FINANCIAL SOL 549300KZDJZQ2YIHRC28 11133TAE3 350000.00000000 PA USD 306477.75000000 0.090854531681 Long DBT CORP US N 2 2031-05-01 Fixed 2.60000000 N N N N N N UNITED AIR 2019-2 B PTT N/A 90932KAA7 156547.52000000 PA USD 150622.65000000 0.044651692745 Long DBT CORP US N 2 2028-05-01 Fixed 3.50000000 N N N N N N BX Trust N/A 05608VAJ5 84000.00000000 PA USD 83467.19000000 0.024743631334 Long ABS-MBS CORP US N 2 2034-01-15 Floating 5.93300000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397RKF2 8564.28000000 PA USD 643.07000000 0.000190636428 Long ABS-MBS USGSE US N 2 2038-02-15 Floating 1.71700000 N N N N N N ADD HERO HOLDINGS 254900WMSDP48LFA7478 000000000 0.34000000 PA USD 0.01000000 0.000000002964 Long DBT CORP VG N 2 2030-09-30 Fixed 9.00000000 N N Y N N N Willis Engine Securitization Trust N/A 97064FAA3 184760.51000000 PA USD 176661.16000000 0.052370741295 Long ABS-O CORP US N 2 2045-03-15 Fixed 3.22800000 N N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 151290BZ5 310000.00000000 PA USD 277642.85000000 0.082306500590 Long DBT CORP MX N 2 2031-07-11 Fixed 3.87500000 N N N N N N GS Mortgage Securities Trust N/A 36191YAJ7 130000.00000000 PA USD 113241.17000000 0.033570050248 Long ABS-MBS CORP US N 2 2044-08-10 Variable 5.19800000 N N N N N N Marriott International Inc/MD 225YDZ14ZO8E1TXUSU86 571903202 252.00000000 NS USD 60026.40000000 0.017794670120 Long EC CORP US N 1 N N N MASTR Alternative Loans Trust N/A 576434RF3 8011.21000000 PA USD 7925.63000000 0.002349532394 Long ABS-MBS CORP US N 2 2034-06-25 Fixed 5.50000000 N N N N N N Credit Suisse Mortgage Trust N/A 126378AY4 587820.58000000 PA USD 34297.04000000 0.010167268283 Long ABS-MBS CORP US N 2 2022-02-25 Fixed 6.50000000 N N N N N N TYLER TECHNOLOGIES INC 25490040SMU4Z8LBCW70 902252AB1 4000.00000000 PA USD 4893.78000000 0.001450748349 Long DBT CORP US N 2 2026-03-15 Fixed 0.25000000 N N N N Y Tyler Technologies Inc USD XXXX N N N Apidos CLO Ltd 5493008YDOADR1DMZM86 03765LAV4 265000.00000000 PA USD 265773.01000000 0.078787717402 Long ABS-CBDO CORP KY N 2 2031-07-16 Floating 6.51900000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382RPN2 3949391.79000000 PA USD 36883.37000000 0.010933979083 Long ABS-MBS USGA US N 2 2051-04-20 Floating 0.00000000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46639EAL5 122946.47000000 PA USD 119660.05000000 0.035472910525 Long ABS-MBS CORP US N 2 2047-12-15 Variable 3.57700000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A0R33 863021.64000000 PA USD 86008.74000000 0.025497067220 Long ABS-MBS USGSE US N 2 2041-09-25 Floating 2.04600000 N N N N N N ANTARES HOLDINGS 5493008EAIGV4283RM42 03666HAE1 430000.00000000 PA USD 410980.40000000 0.121834070408 Long DBT CORP US N 2 2027-07-15 Fixed 3.75000000 N N N N N N RCO Mortgage LLC N/A 754921AA2 64614.65000000 PA USD 65559.70000000 0.019435002510 Long ABS-O CORP US N 2 2029-01-25 Variable 7.02100000 N N N N N N Astra Acquisition Corp N/A 04629UAL0 839742.79000000 PA USD 18894.21000000 0.005601139400 Long LON CORP US N 2 2029-10-25 None 0.00000000 N N N N N N BROADCOM INC 549300WV6GIDOZJTV909 11135FBL4 190000.00000000 PA USD 166886.38000000 0.049473033193 Long DBT CORP US N 2 2034-04-15 Fixed 3.46900000 N N N N N N College Ave Student Loans N/A 19424KAE3 0.01000000 PA USD 0.01000000 0.000000002964 Long ABS-O CORP US N 2 2051-07-25 Fixed 4.12000000 N N N N N N Countrywide Home Loans N/A 12545CAE0 115014.64000000 PA USD 51521.90000000 0.015273533220 Long ABS-MBS CORP US N 2 2037-07-25 Fixed 6.00000000 N N N N N N FAIR ISAAC CORP RI6HET5SJUEY30V1PS26 303250AF1 974000.00000000 PA USD 927818.96000000 0.275049516958 Long DBT CORP US N 2 2028-06-15 Fixed 4.00000000 N N N N N N Prime Mortgage Trust N/A 74159UAC1 590476.36000000 PA USD 547741.64000000 0.162376584220 Long ABS-MBS CORP US N 2 2035-05-25 Fixed 5.50000000 N N N N N N Vail Resorts Inc 529900PSZHRNU9HKH870 91879Q109 507.00000000 NS USD 81130.14000000 0.024050818941 Long EC CORP US N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38383V3N6 3738651.04000000 PA USD 538360.89000000 0.159595685287 Long ABS-MBS USGA US N 2 2051-11-20 Fixed 3.00000000 N N N N N N DIRECTV FIN LLC/COINC N/A 25461LAD4 350000.00000000 PA USD 335106.66000000 0.099341497572 Long DBT CORP US N 2 2031-02-15 Fixed 10.00000000 N N N N N N Starwood Retail Property Trust 5493007115G809OI4R97 85571XAQ0 980000.00000000 PA USD 43708.00000000 0.012957122893 Long ABS-MBS CORP US N 3 2027-11-15 Floating 7.50000000 N N N N N N NVR INC 529900RWXR4JI3JYTV70 62944TAF2 152000.00000000 PA USD 139202.30000000 0.041266159698 Long DBT CORP US N 2 2030-05-15 Fixed 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38379CFC5 1944310.05000000 PA USD 140477.57000000 0.041644210172 Long ABS-MBS USGA US N 2 2044-06-16 Floating 1.81600000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797PG6 1500000.00000000 PA USD 1478963.64000000 0.438434923534 Long STIV UST US N 2 2025-07-31 None 0.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398FJ36 60657.24000000 PA USD 5734.38000000 0.001699942032 Long ABS-MBS USGSE US N 2 2049-11-25 Floating 1.54600000 N N N N N N Apidos CLO 549300PPHIOJQEKPJH29 03762XAD1 1000000.00000000 PA USD 1002751.00000000 0.297262925279 Long ABS-CBDO CORP KY N 2 2030-10-20 Floating 10.35500000 N N N N N N SYNOPSYS INC QG7T915N9S0NY5UKNE63 871607AE7 75000.00000000 PA USD 75192.92000000 0.022290745518 Long DBT CORP US N 2 2035-04-01 Fixed 5.15000000 N N N N N N RAKUTEN GROUP INC 529900IMXUCQKUL1H943 75102WAK4 477000.00000000 PA USD 518555.72000000 0.153724494164 Long DBT CORP JP N 2 2029-04-15 Fixed 9.75000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382VBP3 6925059.06000000 PA USD 161581.02000000 0.047900273023 Long ABS-MBS USGA US N 2 2051-06-20 Floating 0.00000000 N N N N N N Chenango Park CLO, Ltd. N/A 16410LAA1 500000.00000000 PA USD 495220.00000000 0.146806680678 Long ABS-CBDO CORP KY N 2 2030-04-15 Floating 10.36400000 N N N N N N YUZHOU GROUP 213800MP59KHGJSPHE82 000000000 1940000.00000000 PA USD 147692.20000000 0.043782968466 Long DBT CORP KY Y 2 2027-01-13 None 0.00000000 Y N N N N N Starwood Retail Property Trust 5493007115G809OI4R97 85571XAN7 235000.00000000 PA USD 56682.00000000 0.016803231441 Long ABS-MBS CORP US N 3 2027-11-15 Floating 7.50000000 N N N N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 1180.00000000 NS USD 182475.20000000 0.054094298328 Long EC CORP US N 1 N N N DAVITA INC M2XHYMU3TZNEZURC6H66 23918KAT5 410000.00000000 PA USD 357193.72000000 0.105889149049 Long DBT CORP US N 2 2031-02-15 Fixed 3.75000000 N N N N N N NATIONSTAR MTG HLD INC N/A 63861CAE9 446000.00000000 PA USD 447257.27000000 0.132588254145 Long DBT CORP US N 2 2031-11-15 Fixed 5.75000000 N N N N N N SHIMAO GROUP HLDGS LTD 254900WTJ6B5CU69ZD26 000000000 340000.00000000 PA USD 19550.00000000 0.005795546640 Long DBT CORP KY Y 2 2022-07-03 None 0.00000000 Y N N N N N Sierra Receivables Funding Co LLC N/A 826525AC1 0.01000000 PA USD 0.01000000 0.000000002964 Long ABS-O CORP US N 2 2037-07-20 Fixed 3.51000000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 7.00000000 NC USD 35.00000000 0.000010375658 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Put Purchased Paycor HCM, Inc. Paycor HCM, Inc. 100.00000000 17.50000000 USD 2025-06-20 XXXX -11.69000000 N N N Nexon Co Ltd 5299005SFO0GAJFLKN43 000000000 3386.00000000 NS 46074.17000000 0.013658567833 Long EC CORP JP N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31398VC20 51408.73000000 PA USD 51299.51000000 0.015207606283 Long ABS-MBS USGSE US N 2 2040-03-15 Fixed 4.50000000 N N N N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 90353TAK6 630000.00000000 PA USD 619176.47000000 0.183553253735 Long DBT CORP US N 2 2029-08-15 Fixed 4.50000000 N N N N N N Castlelake Aircraft Structured Trust N/A 14856CAC3 4491141.39000000 PA USD 2357915.25000000 0.698997841714 Long ABS-O CORP US N 2 2043-06-15 Fixed 6.62500000 N Y N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B4TD0 19620689.26000000 PA USD 219637.92000000 0.065111089993 Long ABS-MBS USGSE US N 2 2029-04-25 Variable 0.32800000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398NPE8 16634.50000000 PA USD 1596.86000000 0.000473384992 Long ABS-MBS USGSE US N 2 2039-11-25 Floating 2.14600000 N N N N N N AIRCASTLE LTD 549300PNK8AKY3OIKP58 00928QAX9 120000.00000000 PA USD 124948.88000000 0.037040770419 Long DBT CORP BM N 2 2028-07-18 Fixed 6.50000000 N N N N N N Hertz Vehicle Financing LLC 549300MNOMKDMDFI8J66 42806MAM1 0.02000000 PA USD 0.02000000 0.000000005928 Long ABS-O CORP US N 2 2026-06-25 Fixed 4.85000000 N N N N N N Mill City Mortgage Trust N/A 59982HAL4 305000.00000000 PA USD 252428.13000000 0.074831662443 Long ABS-MBS CORP US N 2 2060-11-25 Variable 2.50000000 N N N N N N Cook Park CLO, Ltd N/A 21623RAA1 1000000.00000000 PA USD 985124.00000000 0.292037446986 Long ABS-CBDO CORP KY N 2 2030-04-17 Floating 9.96400000 N N N N N N GSR Mortgage Loan Trust N/A 362341S26 495026.31000000 PA USD 226816.01000000 0.067239016099 Long ABS-MBS CORP US N 2 2036-01-25 Fixed 6.00000000 N N N N N N Morgan Stanley BAML Trust N/A 61762TAH9 560000.00000000 PA USD 381953.04000000 0.113228985052 Long ABS-MBS CORP US N 2 2046-08-15 Variable 4.07700000 N N N N N N SNOWFLAKE INC 254900CJNSY1K7T53Z16 833445AC3 21000.00000000 PA USD 24598.88000000 0.007292273981 Long DBT CORP US N 2 2029-10-01 None 0.00000000 N N N N Y Snowflake, Inc. USD XXXX N N N ACCENTURE CAPITAL INC 254900FRO0P7RIINYT25 00440KAD5 300000.00000000 PA USD 289280.15000000 0.085756347901 Long DBT CORP US N 2 2034-10-04 Fixed 4.50000000 N N N N N N BMO Mortgage Trust N/A 05593MAL7 2406000.00000000 PA USD 325179.08000000 0.096398492308 Long ABS-MBS CORP US N 2 2057-07-15 Variable 1.88000000 N N N N N N BCAP LLC Trust N/A 05533CDC9 117538.34000000 PA USD 54674.83000000 0.016208211116 Long ABS-MBS CORP US N 2 2037-07-26 Variable 9.30000000 N N N N N N Canyon Capital CLO Ltd N/A 13876EAF0 1000000.00000000 PA USD 985784.00000000 0.292233102269 Long ABS-CBDO CORP KY N 2 2031-07-15 Floating 10.31400000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397GPZ7 114428.40000000 PA USD 9899.73000000 0.002934749204 Long ABS-MBS USGSE US N 2 2037-04-15 Floating 1.61700000 N N N N N N NXP Semiconductors NV 724500M9BY5293JDF951 000000000 421.00000000 NS USD 80015.26000000 0.023720315666 Long EC CORP NL N 1 N N N PULTEGROUP INC N/A 745867AT8 175000.00000000 PA USD 179570.65000000 0.053233252037 Long DBT CORP US N 2 2035-02-15 Fixed 6.00000000 N N N N N N TD SYNNEX CORP 5493004HI6PFLF46NS53 87162WAL4 95000.00000000 PA USD 97563.86000000 0.028922552483 Long DBT CORP US N 2 2034-04-12 Fixed 6.10000000 N N N N N N PENTAIR FINANCE SARL 549300H2U8U8TZPV3T89 709629AS8 260000.00000000 PA USD 267235.86000000 0.079221375479 Long DBT CORP LU N 2 2032-07-15 Fixed 5.90000000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651CAQ1 274000.00000000 PA USD 257177.66000000 0.076239648255 Long ABS-MBS CORP US N 2 2032-05-05 Variable 4.45700000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651CAN8 261000.00000000 PA USD 249803.28000000 0.074053532489 Long ABS-MBS CORP US N 2 2032-05-05 Variable 4.45700000 N N N N N N SCF Equipment Trust Llc N/A 783897AG6 295000.00000000 PA USD 294580.07000000 0.087327495397 Long ABS-O CORP US N 2 2032-08-20 Fixed 3.56000000 N N N N N N EVERGY INC 549300PGTHDQY6PSUI61 30034WAD8 13000.00000000 PA USD 15310.20000000 0.004538668960 Long DBT CORP US N 2 2027-12-15 Fixed 4.50000000 N N N N Y Evergy, Inc. USD XXXX N N N CONTRA ABIOMED INC N/A 003CVR016 22138.00000000 NS USD 35420.80000000 0.010500404012 N/A DE US N 2 N/A N/A ABIOMED Inc. ABIOMED Inc. 2099-12-31 XXXX 12840.04000000 N N N Chase Mortgage Finance Corporation N/A 16163HAQ4 1255286.03000000 PA USD 546411.82000000 0.161982362541 Long ABS-MBS CORP US N 2 2037-05-25 Fixed 6.00000000 N N N N N N ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 000000000 142.00000000 NC USD -452664.00000000 -0.13419106518 N/A DE US N 1 ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 Long ICE U.S. mini MSCI EAFE Index Futures MFSM5 Index 2025-06-20 17608394.00000000 USD -452664.00000000 N N N STEEL DYNAMICS INC 549300HGGKEL4FYTTQ83 858119BS8 80000.00000000 PA USD 79045.48000000 0.023432826908 Long DBT CORP US N 2 2035-05-15 Fixed 5.25000000 N N N N N N DOCUFORMAS SA 549300HM88E943FM9K17 25615WAB9 300000.00000000 PA USD 5850.00000000 0.001734217281 Long DBT CORP MX N 2 2024-07-24 None 0.00000000 Y N N N N N MASTR Alternative Loans Trust N/A 576434RG1 11360.81000000 PA USD 11422.80000000 0.003386259343 Long ABS-MBS CORP US N 2 2034-06-25 Fixed 6.00000000 N N N N N N CENTENE CORP 549300Z7JJ4TQSQGT333 15135BAT8 190000.00000000 PA USD 182110.78000000 0.053986266967 Long DBT CORP US N 2 2029-12-15 Fixed 4.62500000 N N N N N N Delivery Hero SE 529900C3EX1FZGE48X78 000000000 480.00000000 NS 11383.97000000 0.003374748290 Long EC CORP DE Y 1 N N N Carlyle Global Market Strategies 5493007AYUHLOG0AMH17 14312JBJ0 405000.00000000 PA USD 405433.76000000 0.120189783410 Long ABS-CBDO CORP KY N 2 2032-01-20 Floating 5.94300000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ARRY4 1708682.44000000 PA USD 98710.41000000 0.029262444248 Long ABS-MBS USGSE US N 2 2041-03-15 Floating 2.23700000 N N N N N N MVW Owner Trust N/A 55389TAD3 0.01000000 PA USD 0.01000000 0.000000002964 Long ABS-O CORP US N 2 2041-01-22 Fixed 3.17000000 N N N N N N TWILIO INC 5493004W8TRGD63APX93 90138FAD4 300000.00000000 PA USD 270498.21000000 0.080188490649 Long DBT CORP US N 2 2031-03-15 Fixed 3.87500000 N N N N N N STARWOOD PROPERTY TRUST BUGSFQZERKRBFWIG5267 85571BAY1 560000.00000000 PA USD 544551.28000000 0.161430810298 Long DBT US N 2 2027-01-15 Fixed 4.37500000 N N N N N N FOX CORP 549300DDU6FDRBIELS05 35137LAN5 300000.00000000 PA USD 320719.54000000 0.095076473276 Long DBT CORP US N 2 2033-10-13 Fixed 6.50000000 N N N N N N CHOICE HOTELS INTL INC 5493003CYRY5RFGTIR97 169905AH9 35000.00000000 PA USD 35006.35000000 0.010377541388 Long DBT CORP US N 2 2034-08-01 Fixed 5.85000000 N N N N N N IDEX CORP 549300U5Y5EL6PHYLF13 45167RAH7 72000.00000000 PA USD 62711.70000000 0.018590720319 Long DBT CORP US N 2 2031-06-15 Fixed 2.62500000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 -65.00000000 NC USD 9011.29000000 0.002671373477 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT U.S. Long Bond Futures USM5 Comdty 2025-06-18 -7632292.54000000 USD 9011.29000000 N N N TARGA RESOURCES CORP 5493003QENHHS261UR94 87612GAK7 5000.00000000 PA USD 4959.72000000 0.001470296091 Long DBT CORP US N 2 2035-02-15 Fixed 5.50000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 -296.00000000 NC USD -232585.01000000 -0.06894922114 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT 10 Year U.S. Treasury Notes TYM5 Comdty 2025-06-18 -32688164.99000000 USD -232585.01000000 N N N NOV Inc 549300EHF3IW1AR6U008 62955J103 2005.00000000 NS USD 30516.10000000 0.009046418456 Long EC CORP US N 1 N N N VENTURE GLOBAL CALCASIEU 549300GKHS6RS20NLH85 92328MAC7 120000.00000000 PA USD 103369.38000000 0.030643583784 Long DBT CORP US N 2 2033-11-01 Fixed 3.87500000 N N N N N N UBS Commercial Mortgage Trust N/A 90353KBD0 324000.00000000 PA USD 294310.88000000 0.087247694722 Long ABS-MBS CORP US N 2 2051-10-15 Variable 4.97500000 N N N N N N UNIGEL LUXEMBOURG SA N/A 904752AC6 46771.00000000 PA USD 43627.75000000 0.012933332989 Long DBT CORP LU N 2 2027-12-31 Fixed 13.50000000 N N Y N N N JP Morgan Mortgage Trust N/A 466247EV1 150531.99000000 PA USD 155450.64000000 0.046082937821 Long ABS-MBS CORP US N 2 2034-09-25 Fixed 6.00000000 N N N N N N Blue Stream Issuer, LLC N/A 09606BAE4 1000000.00000000 PA USD 1030778.00000000 0.305571456517 Long ABS-O CORP US N 2 2053-05-20 Fixed 8.89800000 N N N N N N VERISIGN INC LMPL4N8ZOJRMF0KOF759 92343EAM4 232000.00000000 PA USD 203946.35000000 0.060459364888 Long DBT CORP US N 2 2031-06-15 Fixed 2.70000000 N N N N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BD8 1485000.00000000 PA USD 724803.11000000 0.214865996374 Long DBT CORP US N 2 2030-12-01 Fixed 4.62500000 N N N N N N Paramount Global 5KYC8KF17ROCY24M3H09 92556H206 13242.00000000 NS USD 158374.32000000 0.046949655151 Long EC CORP US N 1 N N N Citimortgage Alternative Loan Trust N/A 18974BAN9 121599.83000000 PA USD 92018.12000000 0.027278532287 Long ABS-MBS CORP US N 2 2036-10-25 Floating 4.88500000 N N N N N N BOOZ ALLEN HAMILTON INC 549300D7XCH2480XU542 09951LAC7 110000.00000000 PA USD 109941.90000000 0.032591990239 Long DBT CORP US N 2 2033-08-04 Fixed 5.95000000 N N N N N N CG-CCRE Commercial Mortgage Trust N/A 12528PAP7 187584.04000000 PA USD 17672.31000000 0.005238910324 Long ABS-MBS CORP US N 2 2031-11-15 Floating 8.93400000 N N N N N N CARNIVAL CORP F1OF2ZSX47CR0BCWA982 143658BV3 11000.00000000 PA USD 18381.00000000 0.005448999631 Long DBT CORP PA N 2 2027-12-01 Fixed 5.75000000 N N N N Y Carnival Corp. USD XXXX N N N Wise CLO 2024-2 Ltd 254900UJ1RZE30CBZ497 97718GAG8 250000.00000000 PA USD 250512.00000000 0.074263630689 Long ABS-CBDO CORP KY N 2 2037-07-15 Floating 6.50200000 N N N N N N CFCRE Commercial Mortgage Trust N/A 12532BAY3 7346000.00000000 PA USD 124574.20000000 0.036929697508 Long ABS-MBS CORP US N 2 2054-12-10 Variable 0.90600000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397PJG6 106568.66000000 PA USD 9601.02000000 0.002846197401 Long ABS-MBS USGSE US N 2 2037-11-15 Floating 1.83700000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38378VWH4 547092.18000000 PA USD 40190.38000000 0.011914333595 Long ABS-MBS USGA US N 2 2043-03-20 Floating 1.71600000 N N N N N N NAVIENT CORP 54930067J0ZNOEBRW338 63938CAN8 145000.00000000 PA USD 154569.73000000 0.045821794343 Long DBT CORP US N 2 2030-07-25 Fixed 9.37500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31394DRP7 30573.52000000 PA USD 318.72000000 0.000094483714 Long ABS-MBS USGSE US N 2 2035-05-25 Floating 2.34600000 N N N N N N BARINGS BDC INC 549300GSF4KFZP6ONG49 06759LAD5 100000.00000000 PA USD 103128.44000000 0.030572157747 Long DBT CORP US N 2 2029-02-15 Fixed 7.00000000 N N N N N N Madison Avenue Trust N/A 556227AA4 100000.00000000 PA USD 98693.60000000 0.029257460967 Long ABS-MBS CORP US N 2 2035-09-10 Variable 3.55500000 N N N N N N WYNDHAM HOTELS & RESORTS 549300FE3MQ4RVXXC673 98311AAB1 200000.00000000 PA USD 191145.36000000 0.056664544704 Long DBT CORP US N 2 2028-08-15 Fixed 4.37500000 N N N N N N Morgan Stanley Capital I Trust N/A 617459AJ1 109119.50000000 PA USD 108117.73000000 0.032051219788 Long ABS-MBS CORP US N 2 2044-06-15 Variable 5.21300000 N N N N N N Countrywide Alternative Loan Trust N/A 12667FVB8 25661.92000000 PA USD 25551.79000000 0.007574761672 Long ABS-MBS CORP US N 2 2034-09-25 Fixed 6.00000000 N N N N N N LANDSEA HOMES CORP 549300RP8AZAKHNILS36 51509PAA1 270000.00000000 PA USD 257576.71000000 0.076357945590 Long DBT CORP US N 2 2029-04-01 Fixed 8.87500000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137H4ND8 4664384.01000000 PA USD 557867.32000000 0.165378315714 Long ABS-MBS USGSE US N 2 2051-12-25 Fixed 2.50000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797MG9 1000000.00000000 PA USD 985244.44000000 0.292073151111 Long STIV UST US N 2 2025-08-07 None 0.00000000 N N N N N N YUZHOU GROUP 213800MP59KHGJSPHE82 000000000 540000.00000000 PA USD 41850.00000000 0.012406323626 Long DBT CORP KY Y 2 2025-02-20 None 0.00000000 Y N N N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 -237.00000000 NC USD 272241.90000000 0.080705403014 N/A DFE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Short CME Euro Foreign Exchange Currency Futures ECM5 Curncy 2025-06-16 -32450916.90000000 USD 272241.90000000 N N N Cologix Data Centers Issuer LLC N/A 19521UAE3 1500000.00000000 PA USD 1422691.35000000 0.421753149556 Long ABS-O CORP US N 2 2051-12-26 Fixed 5.99000000 N N N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B9NV5 6886212.09000000 PA USD 267395.06000000 0.079268569905 Long ABS-MBS USGSE US N 2 2030-09-25 Variable 1.22800000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 39.00000000 NC USD 195.00000000 0.000057807242 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Put Purchased Intra-Cellular Therapies, Inc. Intra-Cellular Therapies, Inc. 100.00000000 100.00000000 USD 2025-08-15 XXXX -2581.88000000 N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 92553PAP7 345000.00000000 PA USD 254706.05000000 0.075506945901 Long DBT CORP US N 2 2043-03-15 Fixed 4.37500000 N N N N N N PACIFIC GAS & ELECTRIC 1HNPXZSMMB7HMBMVBS46 694308KM8 95000.00000000 PA USD 99161.21000000 0.029396082735 Long DBT CORP US N 2 2033-06-15 Fixed 6.40000000 N N N N N N WF-RBS Commercial Mortgage Trust N/A 92935VAS7 214000.13000000 PA USD 84259.34000000 0.024978462141 Long ABS-MBS CORP US N 2 2044-03-15 Variable 5.46400000 N N N N N N CHARTER COMM OPT LLC/CAP N/A 161175CA0 10000.00000000 PA USD 6454.71000000 0.001913481987 Long DBT CORP US N 2 2052-06-01 Fixed 3.90000000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023CV5 183000.00000000 PA USD 177548.91000000 0.052633912473 Long DBT CORP US N 2 2040-05-01 Fixed 5.70500000 N N N N N N Wells Fargo Alternative Loan Trust N/A 94985FAL2 68487.93000000 PA USD 48734.19000000 0.014447123842 Long ABS-MBS CORP US N 2 2037-06-25 Floating 4.78500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380Q2P6 40188241.58000000 PA USD 1145557.79000000 0.339597626661 Long ABS-MBS USGA US N 2 2071-05-20 Variable 0.26300000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38375JWD3 261242.94000000 PA USD 10414.03000000 0.003087212101 Long ABS-MBS USGA US N 2 2037-04-16 Floating 1.76600000 N N N N N N FS Rialto Issuer Ltd N/A 30323CAJ9 275000.00000000 PA USD 276019.43000000 0.081825241955 Long ABS-CBDO CORP KY N 2 2036-11-16 Floating 6.93400000 N N N N N N MAIN STREET CAPITAL CORP 5493001FS9QJLJNF3E20 56035LAH7 180000.00000000 PA USD 185085.54000000 0.054868126830 Long DBT CORP US N 2 2029-03-01 Fixed 6.95000000 N N N N N N ITRON INC 24F6LSZD18II6ICG6S41 465741AP1 12000.00000000 PA USD 12562.50000000 0.003724120443 Long DBT CORP US N 2 2030-07-15 Fixed 1.37500000 N N N N Y Itron, Inc. USD XXXX N N N Kestrel Aircraft Funding Limited N/A 49255PAA1 212924.59000000 PA USD 209921.33000000 0.062230632165 Long ABS-O CORP KY N 2 2038-12-15 Fixed 4.25000000 N N N N N N Post CLO LTD N/A 73743CAA0 370000.00000000 PA USD 370110.26000000 0.109718223730 Long ABS-CBDO CORP KY N 2 2036-04-20 Floating 6.24300000 N N N N N N MERIT MEDICAL SYSTEMS IN 549300OYTY138SP2CE83 589889AA2 8000.00000000 PA USD 10900.00000000 0.003231276643 Long DBT CORP US N 2 2029-02-01 Fixed 3.00000000 N N N N Y Merit Medical Systems, Inc. USD XXXX N N N BLUE OWL FINANCE LLC 254900OF2NO2GYFV5T41 09581JAT3 180000.00000000 PA USD 184249.84000000 0.054620385739 Long DBT CORP US N 2 2034-04-18 Fixed 6.25000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382LNV9 8810445.59000000 PA USD 1308909.75000000 0.388022890241 Long ABS-MBS USGA US N 2 2050-11-20 Fixed 2.50000000 N N N N N N CARNIVAL CORP F1OF2ZSX47CR0BCWA982 143658BN1 295000.00000000 PA USD 295555.96000000 0.087616795449 Long DBT CORP PA N 2 2027-03-01 Fixed 5.75000000 N N N N N N DCAL Aviation Finance Limited N/A 001406AB3 637451.95000000 PA USD 433435.45000000 0.128490811564 Long ABS-O CORP KY N 2 2040-02-15 Variable 5.07200000 N N N N N N DATADOG INC 549300F6JNO0KRPO1K63 23804LAC7 35000.00000000 PA USD 30572.50000000 0.009063138090 Long DBT CORP US N 2 2029-12-01 None 0.00000000 N N N N Y Datadog, Inc. USD XXXX N N N CONTRA ALBIREO PHARMA 549300835H8LC7O8VC29 013CVR022 47716.00000000 NS USD 125054.09000000 0.037071959650 N/A DE US N 2 N/A N/A Albireo Pharma, Inc. Albireo Pharma, Inc. 2099-12-31 XXXX 22464.69000000 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K107 834.00000000 NS USD 130295.82000000 0.038625856872 Long EC CORP US N 1 N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023DS1 50000.00000000 PA USD 53478.58000000 0.015853585915 Long DBT CORP US N 2 2034-05-01 Fixed 6.52800000 N N N N N N Cie Financiere Richemont SA 549300YIPGJ6UX2QPS51 000000000 466.00000000 NS 80586.47000000 0.023889649384 Long EC CORP CH N 1 N N N Lehman XS Trust N/A 525221HA8 65780.66000000 PA USD 56858.96000000 0.016855690772 Long ABS-MBS CORP US N 2 2046-02-25 Floating 4.95500000 N N N N N N Countrywide Alternative Loan Trust N/A 02152AAT6 347527.39000000 PA USD 414101.96000000 0.122759448750 Long ABS-MBS CORP US N 2 2037-08-25 Floating 12.99200000 N N N N N N AXON ENTERPRISE INC 549300QP2IEEGFE16681 05464CAC5 50000.00000000 PA USD 50533.29000000 0.014980462357 Long DBT CORP US N 2 2030-03-15 Fixed 6.12500000 N N N N N N IHEARTCOMMUNICATIONS INC 54930076J6KDZL504O62 45174HBK2 16000.00000000 PA USD 11292.48000000 0.003347626318 Long DBT CORP US N 2 2031-01-15 Fixed 7.00000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137H4VE7 3294877.14000000 PA USD 678503.51000000 0.201140600403 Long ABS-MBS USGSE US N 2 2051-07-25 Fixed 3.00000000 N N N N N N CSAB Mortgage Backed Trust N/A 12627HAL4 1857684.28000000 PA USD 112629.54000000 0.033388734125 Long ABS-O CORP US N 2 2036-09-25 Variable 6.20000000 N N N N N N HGI CRE CLO Ltd 549300VYJ293N0KO2L78 40441LAJ5 350000.00000000 PA USD 348243.35000000 0.103235835147 Long ABS-CBDO CORP KY N 2 2036-06-16 Floating 6.78400000 N N N N N N BCAP LLC Trust N/A 05533FAN1 1639824.17000000 PA USD 962635.66000000 0.285370837097 Long ABS-MBS CORP US N 2 2035-12-26 Fixed 5.50000000 N N N N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BH9 400000.00000000 PA USD 290447.88000000 0.086102518421 Long DBT CORP US N 2 2031-11-15 Fixed 4.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397RVH6 18550.35000000 PA USD 1232.37000000 0.000365332880 Long ABS-MBS USGSE US N 2 2038-03-15 Floating 1.18700000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797MV6 580000.00000000 PA USD 579864.49000000 0.171899319535 Long STIV UST US N 2 2025-04-03 None 0.00000000 N N N N N N Labrador Aviation Finance Limited N/A 50543LAA0 204828.04000000 PA USD 199204.18000000 0.059053560928 Long ABS-O CORP US N 2 2042-01-15 Fixed 4.30000000 N N N N N N GLENCORE FUNDING LLC 213800STG1QDNBY87K49 378272BQ0 455000.00000000 PA USD 486373.63000000 0.144184197305 Long DBT CORP US N 2 2033-10-06 Fixed 6.50000000 N N N N N N ENCOMPASS HEALTH CORP 549300FVRPM9DRQZRG64 29261AAE0 500000.00000000 PA USD 468651.75000000 0.138930592083 Long DBT CORP US N 2 2031-04-01 Fixed 4.62500000 N N N N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 000000000 100000.00000000 PA 101529.55000000 0.030098170967 Long DBT CORP DE Y 2 2027-01-23 Fixed 1.00000000 N N N N N Delivery Hero SE EUR XXXX N N N Willis Engine Securitization Trust N/A 97064GAC7 1016832.93000000 PA USD 1016309.26000000 0.301282236184 Long ABS-O CORP US N 2 2046-05-15 Fixed 7.38500000 N N N N N N CFCRE Commercial Mortgage Trust N/A 12532BAW7 16323000.00000000 PA USD 280414.45000000 0.083128134200 Long ABS-MBS CORP US N 2 2054-12-10 Variable 0.90600000 N N N N N N Progress Residential Trust N/A 74333DAL8 170000.00000000 PA USD 169113.20000000 0.050133168189 Long ABS-O CORP US N 2 2038-04-19 Fixed 2.64700000 N N N N N N GLOBAL ATLANTIC FIN CO 98450051B2E65CAA7E94 37959GAB3 135000.00000000 PA USD 118964.36000000 0.035266675034 Long DBT CORP US N 2 2031-06-15 Fixed 3.12500000 N N N N N N Bank of America NA B4TYDEB6GKMZO031MB27 000000000 1.00000000 NC -12940.71000000 -0.00383623981 N/A DFE US N 2 Bank of America NA B4TYDEB6GKMZO031MB27 346000.00000000 EUR 361130.58000000 USD 2025-04-30 -12940.71000000 N N N NCL CORPORATION LTD UNZWILHE4KMRP9K2L524 62886HBD2 17000.00000000 PA USD 16541.00000000 0.004903536418 Long DBT CORP BM N 2 2027-02-15 Fixed 1.12500000 N N N N Y Norwegian Cruise Line Holdings Ltd USD XXXX N N N TUTOR PERINI CORP 549300FHXYVPW8LJ6D98 901109AG3 365000.00000000 PA USD 402198.61000000 0.119230731609 Long DBT CORP US N 2 2029-04-30 Fixed 11.87500000 N N N N N N FRESHPET INC 549300S4ZK8ZQ6HNPN59 358039AB1 3000.00000000 PA USD 4248.00000000 0.001259308548 Long DBT CORP US N 2 2028-04-01 Fixed 3.00000000 N N N N Y Freshpet, Inc. USD XXXX N N N Northern Star Investment Corp IV N/A 66575B119 956.00000000 NS USD 0.00000000 0.000000 N/A DE US N 1 N/A N/A Call Purchased Northern Star Investment Corp IV Northern Star Investment Corp IV 1.00000000 11.50000000 USD 2027-12-31 XXXX -33.60000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A2DB6 6420.02000000 PA USD 5096.71000000 0.001510906420 Long ABS-MBS USGSE US N 2 2041-11-25 Floating 1.16600000 N N N N N N YUM! BRANDS INC 549300JE8XHZZ7OHN517 988498AP6 192000.00000000 PA USD 179277.17000000 0.053146250654 Long DBT CORP US N 2 2032-01-31 Fixed 4.62500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396YDA7 16200.05000000 PA USD 1466.58000000 0.000434763825 Long ABS-MBS USGSE US N 2 2038-02-25 Floating 1.84600000 N N N N N N APOLLO GLOBAL MANAGEMENT 254900LMFT1CY9IYB476 03769M304 100.00000000 NS USD 7309.00000000 0.002166734035 Long EP CORP US N 1 N N N SYNOPSYS INC QG7T915N9S0NY5UKNE63 871607AG2 85000.00000000 PA USD 84112.30000000 0.024934872515 Long DBT CORP US N 2 2055-04-01 Fixed 5.70000000 N N N N N N Gulfport Energy Corp 254900DJRGZBUZ3F5038 402635502 67.00000000 NS USD 12337.38000000 0.003657384205 Long EC CORP US N 1 N N N APPLOVIN CORP 549300LLVXMUAOL3SQ07 03831WAB4 70000.00000000 PA USD 70199.76000000 0.020810536226 Long DBT CORP US N 2 2029-12-01 Fixed 5.12500000 N N N N N N BENCHMARK Mortgage Trust N/A 08163ABR3 547000.00000000 PA USD 530013.68000000 0.157121176598 Long ABS-MBS CORP US N 2 2053-07-15 Fixed 4.13900000 N N N N N N HORNBECK OFFSHORE SRVC INC N/A 000000000 1.00000000 NS USD 55.00000000 0.000016304606 Long EC CORP US N 2 N N N DELIVERY HERO AG 529900C3EX1FZGE48X78 000000000 100000.00000000 PA 96964.90000000 0.028744992349 Long DBT CORP DE Y 2 2028-01-15 Fixed 1.50000000 N N N N N Delivery Hero SE EUR XXXX N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382QXL9 10204106.80000000 PA USD 319825.28000000 0.094811372226 Long ABS-MBS USGA US N 2 2051-05-20 Floating 0.00000000 N N N N N N Banc of America Funding Corporation N/A 05953YBT7 13831.15000000 PA USD 12002.28000000 0.003558044681 Long ABS-MBS CORP US N 2 2034-11-25 Fixed 5.50000000 N N N N N N GS Mortgage Securities Trust N/A 36263UAB5 5673000.00000000 PA USD 409555.99000000 0.121411807770 Long ABS-MBS CORP US N 2 2054-12-15 Variable 1.40900000 N N N N N N Upstart Pass Through Trust N/A 91683LAB2 1000000.00000000 PA USD 266370.00000000 0.078964693534 Long ABS-O CORP US N 2 2029-10-20 None 0.00000000 N N N N N N HILTON DOMESTIC OPERATIN 5493003EG7H0N1E4XV50 432833AN1 1033000.00000000 PA USD 906224.15000000 0.268647791713 Long DBT CORP US N 2 2032-02-15 Fixed 3.62500000 N N N N N Orion Corp/Republic of Korea N/A 000000000 120.00000000 NS 9608.15000000 0.002848311071 Long EC CORP KR N 1 N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BB2 200000.00000000 PA USD 145066.42000000 0.043004562816 Long DBT CORP US N 2 2030-12-01 Fixed 4.12500000 N N N N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 620076BZ1 290000.00000000 PA USD 292862.50000000 0.086818326239 Long DBT CORP US N 2 2034-04-15 Fixed 5.40000000 N N N N N N VERISK ANALYTICS INC 549300I1YSWNIRKBWP67 92345YAJ5 270000.00000000 PA USD 271721.72000000 0.080551197006 Long DBT CORP US N 2 2034-06-05 Fixed 5.25000000 N N N N N N Starwood Retail Property Trust 5493007115G809OI4R97 85571XAS6 950000.00000000 PA USD 19000.00000000 0.005632500571 Long ABS-MBS CORP US N 3 2027-11-15 Floating 7.50000000 N N N N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023204 3462.00000000 NS USD 207131.46000000 0.061403582461 Long EP CORP US N 1 N N N Structured Adjustable Rate Mortgage Loan Trust N/A 863579TM0 425159.66000000 PA USD 253887.02000000 0.075264146588 Long ABS-MBS CORP US N 2 2035-07-25 Floating 4.74500000 N N N N N N TEVA PHARM FNC NL II 549300HSQCIKJAOYIT23 000000000 115000.00000000 PA 138846.22000000 0.041160600708 Long DBT CORP NL N 2 2029-09-15 Fixed 7.37500000 N N N N N N DISH DBS CORP N/A 25470XBE4 880000.00000000 PA USD 808617.74000000 0.239712625393 Long DBT CORP US N 2 2026-12-01 Fixed 5.25000000 N N N N N N JDE Peet's NV 724500EHG519SE5ZRT89 000000000 5150.00000000 NS 112411.55000000 0.033324111557 Long EC CORP NL N 1 N N N SLAM 2021-1 LLC N/A 78449AAC6 195228.00000000 PA USD 181333.15000000 0.053755740576 Long ABS-O CORP US N 2 2046-06-15 Fixed 3.42200000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137A3G45 86049.04000000 PA USD 7600.57000000 0.002253169203 Long ABS-MBS USGSE US N 2 2040-11-15 Floating 1.56700000 N N N N N N Wind River CLO Ltd N/A 88433LAA3 500000.00000000 PA USD 461210.00000000 0.136724504656 Long ABS-CBDO CORP KY N 2 2030-07-15 Floating 10.31400000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137A4MS3 33423.95000000 PA USD 223.34000000 0.000066208561 Long ABS-MBS USGSE US N 2 2040-11-15 Floating 2.03700000 N N N N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 925524AX8 260000.00000000 PA USD 265985.97000000 0.078850848840 Long DBT CORP US N 2 2036-04-30 Fixed 6.87500000 N N N N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 629377CG5 6000.00000000 PA USD 13982.22000000 0.004144992744 Long DBT CORP US N 2 2048-06-01 Fixed 2.75000000 N N N N Y NRG Energy Inc USD XXXX N N N ALLISON TRANSMISSION INC MWKQ3I0U1GXP2YDSZW75 019736AG2 1024000.00000000 PA USD 911473.66000000 0.270203995296 Long DBT CORP US N 2 2031-01-30 Fixed 3.75000000 N N N N N N Madison Park Funding Ltd N/A 55821MAA0 500000.00000000 PA USD 492253.50000000 0.145927269470 Long ABS-CBDO CORP KY N 2 2034-07-17 Floating 10.56400000 N N N N N N ARES CAPITAL CORP WEQ82666OJYSI5GUAB47 04010LBB8 1014000.00000000 PA USD 943361.04000000 0.279656926141 Long DBT CORP US N 2 2028-06-15 Fixed 2.87500000 N N N N N N Mcdermott International Ltd 54930004RAXI4B3L4752 000000000 36646.61000000 NS USD 476405.96000000 0.141229307465 Long EC CORP BM N 1 N N N Douglas Emmett Inc N/A 25960P109 990.00000000 NS USD 15840.00000000 0.004695726792 Long EC US N 1 N N N ANGLOGOLD HOLDINGS PLC 213800745ZIXC4L6A131 03512TAF8 240000.00000000 PA USD 226716.08000000 0.067209392111 Long DBT CORP IM N 2 2028-11-01 Fixed 3.37500000 N N N N N N BENCHMARK Mortgage Trust N/A 08163MAY3 1637000.00000000 PA USD 920242.99000000 0.272803640361 Long ABS-MBS CORP US N 2 2054-12-15 Fixed 2.25000000 N N N N N N NVENT FINANCE SARL 549300KO1OQ4MVFB6X02 67078AAF0 300000.00000000 PA USD 299379.52000000 0.088750279864 Long DBT CORP LU N 2 2033-05-15 Fixed 5.65000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 55.00000000 NC USD -9327.38000000 -0.00276507753 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 10 Year U.S. Treasury Notes TYM5 Comdty 2025-06-18 6126358.63000000 USD -9327.38000000 N N N WF-RBS Commercial Mortgage Trust N/A 92890NAY5 1020000.00000000 PA USD 857750.64000000 0.254277945778 Long ABS-MBS CORP US N 2 2045-12-15 Variable 4.31100000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382M3B3 5800130.95000000 PA USD 890743.51000000 0.264058596258 Long ABS-MBS USGA US N 2 2051-01-20 Fixed 3.00000000 N N N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136BGFS5 122393275.92000000 PA USD 433296.68000000 0.128449673558 Long ABS-MBS USGSE US N 2 2031-07-25 Variable 0.08000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38383FLN1 14965030.77000000 PA USD 275718.72000000 0.081736097258 Long ABS-MBS USGA US N 2 2051-12-20 Floating 0.00000000 N N N N N N GOLUB CAPITAL BDC 2549005WE0QLGK9APF78 38173MAE2 160000.00000000 PA USD 160591.64000000 0.047606973896 Long DBT CORP US N 2 2029-07-15 Fixed 6.00000000 N N N N N N TPG Real Estate Finance N/A 87276WAG8 320000.00000000 PA USD 317037.86000000 0.093985048818 Long ABS-CBDO CORP KY N 2 2038-03-15 Floating 6.83400000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380LVK6 5521570.25000000 PA USD 303707.90000000 0.090033416854 Long ABS-MBS USGA US N 2 2069-06-20 Variable 1.75900000 N N N N N N Structured Asset Securities Corporation N/A 86363TAC0 4358775.88000000 PA USD 253752.24000000 0.075224191408 Long ABS-MBS CORP US N 2 2045-03-28 Floating 1.81500000 N N N N N N HOLOGIC INC 549300DYP6F5ZJL0LB74 436440AP6 620000.00000000 PA USD 572377.43000000 0.169679800075 Long DBT CORP US N 2 2029-02-15 Fixed 3.25000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797NZ6 22500000.00000000 PA USD 22462878.15000000 6.659061790089 Long STIV UST US N 2 2025-04-15 None 0.00000000 N N N N N MAPS LTD N/A 55283LAA3 70079.40000000 PA USD 67842.82000000 0.020111827494 Long ABS-O CORP BM N 2 2044-03-15 Fixed 4.45800000 N N N N N N MUELLER WATER PRODUCTS 549300F7ZU4P1F8V8L60 624758AF5 250000.00000000 PA USD 233570.13000000 0.069241257402 Long DBT CORP US N 2 2029-06-15 Fixed 4.00000000 N N N N N N CREDIT AGRICOLE SA 969500TJ5KRTCJQWXH05 225313AQ8 255000.00000000 PA USD 260228.88000000 0.077144174487 Long DBT CORP FR N 2 2035-01-10 Fixed 6.25100000 N N N N N N Byju's Alpha Inc 254900EAJ040Y8AVVN71 000000000 49.18000000 PA USD 49.24000000 0.000014597069 Long LON CORP US N 2 2026-04-09 Floating 12.32500000 N N N N N N DK CROWN HOLDINGS INC N/A 000000000 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US N 2 2032-03-04 Floating 6.06400000 N N N N N N NATIONAL HEALTH INVESTOR 549300ZPKZIG6DKDEC02 63633DAF1 70000.00000000 PA USD 60611.16000000 0.017968020701 Long DBT US N 2 2031-02-01 Fixed 3.00000000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023DC6 262000.00000000 PA USD 242714.12000000 0.071951969449 Long DBT CORP US N 2 2031-02-01 Fixed 3.62500000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AJPE8 205739.33000000 PA USD 192642.11000000 0.057108252348 Long ABS-MBS USGSE US N 2 2041-12-15 Fixed 3.50000000 N N N N N N Morgan Stanley Mortgage Loan Trust 549300E4V6DCTUJSC749 61749JAE6 213209.98000000 PA USD 114046.79000000 0.033808874201 Long ABS-MBS CORP US N 2 2036-06-25 Variable 5.06200000 N N N N N N UNITED RENTALS NORTH AM NGIZXNT70J2LYT3FBI09 911365BR4 160000.00000000 PA USD 160175.30000000 0.047483550986 Long DBT CORP US N 2 2034-03-15 Fixed 6.12500000 N N N N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023DR3 50000.00000000 PA USD 53245.71000000 0.015784552210 Long DBT CORP US N 2 2031-05-01 Fixed 6.38800000 N N N N N N Residential Accredit Loans, Inc. N/A 74922UAH6 247814.79000000 PA USD 197390.33000000 0.058515849814 Long ABS-MBS CORP US N 2 2037-06-25 Fixed 6.00000000 N N N N N N MASTR Alternative Loans Trust N/A 576434UQ5 47914.47000000 PA USD 47613.93000000 0.014115025680 Long ABS-MBS CORP US N 2 2034-09-25 Fixed 6.00000000 N N N N N N BINOM Securitization Trust N/A 05552CAB0 530000.00000000 PA USD 428480.20000000 0.127021840593 Long ABS-MBS CORP US N 2 2061-02-25 Variable 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38377VE69 53768.78000000 PA USD 42491.04000000 0.012596358266 Long ABS-MBS USGA US N 2 2041-05-20 None 0.00000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 -202.00000000 NC USD -286445.93000000 -0.08491615075 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short Ultra 10 Year U.S. Treasury Notes Futures UXYM5 Comdty 2025-06-18 -22766804.07000000 USD -286445.93000000 N N N SPDR Portfolio S&P 500 Growth ETF 549300VUPJJVH7HVPB06 78464A409 -10.00000000 NS USD -803.70000000 -0.00023825477 Short EC RF US N 1 N N N RPM INTERNATIONAL INC 549300TJCKW4BRXPJ474 749685AY9 300000.00000000 PA USD 262057.64000000 0.077686305631 Long DBT CORP US N 2 2032-01-15 Fixed 2.95000000 N N N N N N ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 000000000 117.00000000 NC USD 85802.46000000 0.025435916050 N/A DFE US N 1 ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 Long NYBOT FINEX U.S. Dollar Index Futures DXM5 Curncy 2025-06-16 12068508.54000000 USD 85802.46000000 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380QDC3 9610011.00000000 PA USD 702404.35000000 0.208225942243 Long ABS-MBS USGA US N 2 2070-06-20 Variable 2.39600000 N N N N N N Hirose Electric Co Ltd N/A 000000000 100.00000000 NS 11506.14000000 0.003410965269 Long EC CORP JP N 1 N N N KAISA GROUP HOLDINGS LTD 254900N8L3L7NRJT0120 000000000 200000.00000000 PA USD 9284.00000000 0.002752217647 Long DBT CORP KY Y 2 2025-01-15 None 0.00000000 Y N N N N N Countrywide Alternative Loan Trust N/A 02151ABK5 316293.28000000 PA USD 150698.28000000 0.044674113062 Long ABS-MBS CORP US N 2 2037-08-25 Fixed 6.00000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 88167AAF8 875000.00000000 PA USD 633595.40000000 0.187827708023 Long DBT CORP NL N 2 2046-10-01 Fixed 4.10000000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651MAU0 683000.00000000 PA USD 3679.80000000 0.001090867136 Long ABS-MBS CORP US N 2 2036-07-15 Variable 0.50000000 N N N N N N CGI INC 549300WSRCZY73ZG3090 12532HAF1 180000.00000000 PA USD 153119.88000000 0.045391990082 Long DBT CORP CA N 2 2031-09-14 Fixed 2.30000000 N N N N N N AMSR Trust N/A 00179DAH9 2500000.00000000 PA USD 2295614.25000000 0.680528872341 Long ABS-O CORP US N 2 2038-06-17 Fixed 4.61200000 N N N N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06051GKL2 10000.00000000 PA USD 8962.70000000 0.002656969098 Long DBT CORP US N 2 2037-03-08 Fixed 3.84600000 N N N N N N HPS Investment Partners 549300BGJH0LJLGIUQ46 44330FAA3 500000.00000000 PA USD 500062.50000000 0.148242227205 Long ABS-CBDO CORP KY N 2 2029-10-20 Floating 11.15500000 N N N N N N SLM Student Loan Trust 549300BLEHJGFV7XSO25 78443CAP9 50000.00000000 PA USD 50021.40000000 0.014828713898 Long ABS-O CORP US N 2 2033-03-15 Variable 7.92200000 N N N N N N BWX TECHNOLOGIES INC 549300NP85N265KWMS58 05605HAC4 361000.00000000 PA USD 337322.05000000 0.099998244174 Long DBT CORP US N 2 2029-04-15 Fixed 4.12500000 N N N N N N NYT Mortgage Trust N/A 62954PAQ3 666000.00000000 PA USD 582547.14000000 0.172694584148 Long ABS-MBS CORP US N 2 2035-12-15 Floating 7.61700000 N N N N N N Pernod Ricard SA 52990097YFPX9J0H5D87 000000000 689.00000000 NS 67876.94000000 0.020121942280 Long EC CORP FR N 1 N N N PITNEY BOWES INC 549300N2O26NW4ST6W55 724479AQ3 635000.00000000 PA USD 634300.93000000 0.188036860556 Long DBT CORP US N 2 2029-03-15 Fixed 7.25000000 N N N N N N ICON PLC 6354008SRQGEMC4XFI67 000000000 286.00000000 NS USD 50047.14000000 0.014836344454 Long EC CORP IE N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 109.00000000 NS USD 18249.87000000 0.005410126484 Long EC CORP US N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38383RA23 9123405.09000000 PA USD 1350432.74000000 0.400332272604 Long ABS-MBS USGA US N 2 2051-11-20 Fixed 2.50000000 N N N N N N ONEMAIN FINANCE CORP 5493008I795YYBFWFU90 682691AH3 48000.00000000 PA USD 48149.62000000 0.014273829587 Long DBT CORP US N 2 2029-05-15 Fixed 6.62500000 N N N N N N CG-CCRE Commercial Mortgage Trust N/A 12528PAN2 96079.71000000 PA USD 44045.61000000 0.013057206499 Long ABS-MBS CORP US N 2 2031-11-15 Floating 7.93400000 N N N N N N 720 East CLO Ltd. N/A 81789MAJ7 250000.00000000 PA USD 250300.75000000 0.074201006176 Long ABS-CBDO CORP KY N 2 2037-07-20 Floating 6.49300000 N N N N N N UNIGEL LUXEMBOURG SA N/A 904752AD4 53718.00000000 PA USD 22292.97000000 0.006608692961 Long DBT CORP LU N 2 2028-12-31 Fixed 11.00000000 N N Y N N N Barclays Commercial Mortgage Securities LLC N/A 05549RAJ6 750000.00000000 PA USD 631395.53000000 0.187175562284 Long ABS-MBS CORP US N 2 2037-07-15 Floating 8.16700000 N N N N N N VENTURE GLOBAL CALCASIEU 549300GKHS6RS20NLH85 92328MAB9 75000.00000000 PA USD 68174.40000000 0.020210123523 Long DBT CORP US N 2 2031-08-15 Fixed 4.12500000 N N N N N N ECHOSTAR CORP 549300EE20907QZ9GT38 278768AB2 282533.00000000 PA USD 316066.21000000 0.093697005704 Long DBT CORP US N 2 2030-11-30 Fixed 3.87500000 N N N N Y EchoStar Corp. USD XXXX N N N PEDIATRIX MEDICAL GROUP N/A 58502BAE6 200000.00000000 PA USD 192344.70000000 0.057020085927 Long DBT CORP US N 2 2030-02-15 Fixed 5.37500000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137B4AK2 1358239.80000000 PA USD 794154.66000000 0.235425082953 Long ABS-MBS USGSE US N 2 2043-07-15 None 0.00000000 N N N N N N Bausch & Lomb Corporation 549300NY6OZM39SO6475 000000000 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP CA N 2 2028-09-29 Floating 8.32500000 N N N N N N Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 000000000 5000000.00000000 OU Notional Amount USD -267465.00000000 -0.07928930343 N/A DCR US N 2 Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 CDX.NA.HY.S43 2I65BRAD3 Y buy protection 2029-12-20 0.00000000 USD -362500.00000000 USD 5000000.00000000 USD 95035.00000000 N N N MASTR Alternative Loans Trust N/A 576434KX1 11594.86000000 PA USD 11411.91000000 0.003383031031 Long ABS-MBS CORP US N 2 2033-11-25 Fixed 5.25000000 N N N N N N CSAIL Commercial Mortgage Trust N/A 12597NAC7 1400000.00000000 PA USD 838044.34000000 0.248436064409 Long ABS-MBS CORP US N 2 2053-03-15 Fixed 2.50000000 N N N N N N Palmer Square BDC CLO Ltd 254900LU0WIJ7Y0O9X14 696928AC4 310000.00000000 PA USD 311734.14000000 0.092412774822 Long ABS-CBDO CORP KY N 2 2037-07-15 Floating 6.45200000 N N N N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 225401BB3 250000.00000000 PA USD 304998.10000000 0.090415893288 Long DBT CORP CH N 2 2033-11-15 Fixed 9.01600000 N N N N N N IRON MOUNTAIN INC SQL3F6CKNNBM3SQGHX24 46284VAN1 378000.00000000 PA USD 346282.67000000 0.102654596662 Long DBT US N 2 2031-02-15 Fixed 4.50000000 N N N N N N Sound Point CLO LTD N/A 83616FAA6 500000.00000000 PA USD 436788.50000000 0.129484814513 Long ABS-CBDO CORP KY N 2 2034-10-25 Floating 11.26200000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31398JHZ9 62263.94000000 PA USD 3368.19000000 0.000998491163 Long ABS-MBS USGSE US N 2 2036-11-15 Floating 1.93700000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136AKXM0 1042469.59000000 PA USD 65143.72000000 0.019311686321 Long ABS-MBS USGSE US N 2 2044-08-25 Floating 1.74600000 N N N N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 4.00000000 NC USD -1255.68000000 -0.00037224306 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long CME E-mini NASDAQ 100 Index Futures NQM5 Index 2025-06-20 1556415.68000000 USD -1255.68000000 N N N JP Morgan Mortgage Trust N/A 46631NEA3 525639.17000000 PA USD 232097.18000000 0.068804605207 Long ABS-MBS CORP US N 2 2037-08-25 Fixed 6.00000000 N N N N N N OP SERVICIOS MEGA 4469000001BP4DCM0P31 68373NAA3 400000.00000000 PA USD 186000.00000000 0.055139216118 Long DBT CORP MX N 2 2025-02-11 None 0.00000000 Y N N N N N Castlelake Aircraft Securitization Trust 549300MHTIBONNXM3R82 12563CAA5 3000000.00000000 PA USD 187500.00000000 0.055583887216 Long ABS-O CORP US N 2 2039-04-15 Variable 0.00000000 N N N N N N HANGER INC 254900ZJJJYVLHJXSZ60 41043BAH1 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US N 2 2031-10-23 Floating 7.82500000 N N N N N N Milos CLO, LTD 254900GFWI4EEB8IJS18 60162QAC4 500000.00000000 PA USD 485033.00000000 0.143786771030 Long ABS-CBDO CORP KY N 2 2030-10-20 Floating 10.70500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382KUK7 3462413.94000000 PA USD 555117.40000000 0.164563109084 Long ABS-MBS USGA US N 2 2050-10-20 Fixed 3.00000000 N N N N N N Lehman Mortgage Trust N/A 52520MGL1 481851.76000000 PA USD 478424.54000000 0.141827710255 Long ABS-MBS CORP US N 2 2036-04-25 Fixed 5.75000000 N N N N N N UNIGEL LUXEMBOURG SA N/A 000000000 230987.00000000 PA USD 95859.61000000 0.028417332004 Long DBT CORP LU Y 2 2028-12-31 Fixed 11.00000000 N N Y N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A2JC8 57790.22000000 PA USD 55225.61000000 0.016371488414 Long ABS-MBS USGSE US N 2 2041-11-25 Fixed 4.00000000 N N N N N N HELMERICH & PAYNE INC 254900NAOGHJ88RZ4C73 423452AK7 275000.00000000 PA USD 259756.49000000 0.077004135700 Long DBT CORP US N 2 2034-12-01 Fixed 5.50000000 N N N N N Fortune Brands Innovations Inc 54930032LHW54PQUJD44 34964C106 451.00000000 NS USD 27456.88000000 0.008139520646 Long EC CORP US N 1 N N N Vornado Realty Trust N/A 929042109 345.00000000 NS USD 12761.55000000 0.003783128298 Long EC US N 1 N N N PG&E Corp 8YQ2GSDWYZXO2EDN3511 69331C108 630.00000000 NS USD 10823.40000000 0.003208568772 Long EC CORP US N 1 N N N Rush Enterprises Inc 529900V3XHTN7A6DFT17 781846209 13543.00000000 NS USD 723331.63000000 0.214429779956 Long EC CORP US N 1 N N N SABRA HEALTH CARE LP 549300OVKLRFSIQG0H81 78574MAA1 100000.00000000 PA USD 86779.04000000 0.025725420651 Long DBT US N 2 2031-12-01 Fixed 3.20000000 N N N N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 -93.00000000 NC USD 76302.71000000 0.022619739876 N/A DFE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Short CME Japanese Yen Currency Futures JYM5 Curncy 2025-06-16 -7887140.21000000 USD 76302.71000000 N N N PG&E CORP 8YQ2GSDWYZXO2EDN3511 69331C306 566.00000000 NS USD 25322.84000000 0.007506890040 Long EP CORP US N 1 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 11.00000000 NC USD 16475.58000000 0.004884142829 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT Ultra Long-Term U.S. Treasury Bond Futures WNM5 Comdty 2025-06-18 1328274.42000000 USD 16475.58000000 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397RW69 108468.15000000 PA USD 261.91000000 0.000077642538 Long ABS-MBS USGSE US N 2 2038-03-15 Floating 0.35000000 N N N N N N Starwood Commercial Mortgage Trust N/A 78486BAG9 200000.00000000 PA USD 197585.58000000 0.058573731169 Long ABS-CBDO CORP KY N 2 2038-04-18 Floating 6.53100000 N N N N N N ON SEMICONDUCTOR CORP ZV20P4CNJVT8V1ZGJ064 682189AU9 12000.00000000 PA USD 10380.60000000 0.003077301864 Long DBT CORP US N 2 2029-03-01 Fixed 0.50000000 N N N N Y ON Semiconductor Corp. USD XXXX N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BM8 325000.00000000 PA USD 314468.80000000 0.093223457665 Long DBT CORP US N 2 2028-05-15 Fixed 11.25000000 N N N N N N MAGNOLIA OIL GAS/MAG FIN N/A 559665AB0 111000.00000000 PA USD 111155.96000000 0.032951895168 Long DBT CORP US N 2 2032-12-01 Fixed 6.87500000 N N N N N N Structured Adjustable Rate Mortgage Loan Trust N/A 86358DAG3 375177.75000000 PA USD 286277.69000000 0.084866276445 Long ABS-MBS CORP US N 2 2037-10-25 Variable 4.68000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38381DHV5 6551645.73000000 PA USD 413670.91000000 0.122631665099 Long ABS-MBS USGA US N 2 2063-02-16 Variable 0.83300000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397PCT5 25601.49000000 PA USD 1714.21000000 0.000508173094 Long ABS-MBS USGSE US N 2 2037-11-15 Floating 1.92700000 N N N N N N AERCAP IRELAND CAP/GLOBA N/A 00774MBP9 150000.00000000 PA USD 151020.18000000 0.044769539479 Long DBT CORP IE N 2 2031-12-15 Fixed 5.37500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398GMY2 1060347.73000000 PA USD 66280.43000000 0.019648661044 Long ABS-MBS USGSE US N 2 2040-01-25 Floating 1.79600000 N N N N N N LG Corp N/A 000000000 1280.00000000 NS 56154.84000000 0.016646956230 Long EC CORP KR N 1 N N N Countrywide Alternative Loan Trust N/A 02152AAM1 48485.21000000 PA USD 61705.21000000 0.018292348977 Long ABS-MBS CORP US N 2 2037-08-25 Floating 17.62800000 N N N N N N GULFPORT ENERGY OP CORP 254900DJRGZBUZ3F5038 402635601 18.00000000 NS USD 20029.56000000 0.005937710954 Long EP CORP US N 3 N N N Progress Residential Trust N/A 74333DAG9 2432000.00000000 PA USD 2420212.10000000 0.717465580830 Long ABS-O CORP US N 2 2038-04-19 Fixed 2.19700000 N N N N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 49456B101 2460.00000000 NS USD 70183.80000000 0.020805804925 Long EC CORP US N 1 N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136BKBW1 23164633.31000000 PA USD 340999.62000000 0.101088450233 Long ABS-MBS USGSE US N 2 2031-11-01 Variable 0.53400000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 -453.00000000 NC USD -588941.75000000 -0.17459024964 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT 5 Year U.S. Treasury Notes FVM5 Comdty 2025-06-30 -48405839.50000000 USD -588941.75000000 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382MM97 4733438.30000000 PA USD 695255.94000000 0.206106814695 Long ABS-MBS USGA US N 2 2051-01-20 Floating 1.86600000 N N N N N N Lealand Finance Company BV N/A 000000000 953778.79000000 PA USD 495964.97000000 0.147027525096 Long LON CORP NL N 2 2027-06-30 Fixed 0.50000000 N N N N N N CONTRA CONCERT PHARMAC 529900PYI5BSGQNATP82 206CVR011 213778.00000000 NS USD 96349.74000000 0.028562629767 N/A DE US N 2 N/A N/A Concert Pharmaceuticals, Inc. Concert Pharmaceuticals, Inc. 2099-12-31 XXXX 17251.88000000 N N Fillmore Park CLO, Ltd. N/A 31722QAA2 500000.00000000 PA USD 502435.50000000 0.148945696882 Long ABS-CBDO CORP KY N 2 2030-07-15 Floating 9.96400000 N N N N N N CENTENE CORP 549300Z7JJ4TQSQGT333 15135BAV3 160000.00000000 PA USD 144822.05000000 0.042932119965 Long DBT CORP US N 2 2030-02-15 Fixed 3.37500000 N N N N N N Bain Capital Credit CLO, Limited 2549007DKQFBF2N6NR86 05684DAS2 180000.00000000 PA USD 180247.50000000 0.053433902458 Long ABS-CBDO CORP KY N 2 2033-04-18 Floating 6.64300000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651CAL2 224000.00000000 PA USD 214963.86000000 0.063725477065 Long ABS-MBS CORP US N 2 2032-05-05 Variable 4.45700000 N N N N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 -18.00000000 NC USD 116911.19000000 0.034658018129 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Short CME E-mini S&P 500 Index Futures ESM5 Index 2025-06-20 -5204836.19000000 USD 116911.19000000 N N N KASEYA INC 254900MISXMLRZ63NH46 000000000 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US N 2 2032-03-22 Floating 7.57500000 N N N N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 92553PAU6 90000.00000000 PA USD 78604.53000000 0.023302108427 Long DBT CORP US N 2 2043-09-01 Fixed 5.85000000 N N N N N N Southern Copper Corp 2549007U6NAP46Q9TU15 84265VAA3 220000.00000000 PA USD 250277.94000000 0.074194244211 Long DBT CORP US N 2 2035-07-27 Fixed 7.50000000 N N N N N N DOLP Trust N/A 23345LAN9 500000.00000000 PA USD 349230.65000000 0.103528517664 Long ABS-MBS CORP US N 2 2041-05-10 Variable 3.70400000 N N N N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 90353TAP5 30000.00000000 PA USD 29188.61000000 0.008652887499 Long DBT CORP US N 2 2034-09-15 Fixed 4.80000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397TKA9 35434.30000000 PA USD 2140.39000000 0.000634513047 Long ABS-MBS USGSE US N 2 2038-05-15 Floating 1.53700000 N N N N N N SERVICE CORP INTL 549300RKVM2ME20JHZ15 817565CG7 834000.00000000 PA USD 756195.31000000 0.224172132397 Long DBT CORP US N 2 2031-05-15 Fixed 4.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38379BRQ3 1741772.85000000 PA USD 105068.44000000 0.031147265701 Long ABS-MBS USGA US N 2 2044-04-16 Floating 1.16600000 N N N N N N MCDERMOTT INTL LTD N/A 58004K406 5166.84000000 NS USD 67168.92000000 0.019912051593 Long EC CORP BM N 1 N N N NETAPP INC QTX3D84DZDD5JYOCYH15 64110DAM6 60000.00000000 PA USD 60422.54000000 0.017912104792 Long DBT CORP US N 2 2032-03-17 Fixed 5.50000000 N N N N N N Prosus NV 635400Z5LQ5F9OLVT688 000000000 2520.00000000 NS 115818.45000000 0.034334078199 Long EC CORP NL N 1 N N N Residential Accredit Loans, Inc. N/A 74922KAR6 282234.74000000 PA USD 213669.45000000 0.063341752588 Long ABS-MBS CORP US N 2 2037-01-25 Fixed 6.00000000 N N N N N N HORNBECK OFFSHORE SRVC INC N/A 000000000 11.00000000 NS USD 605.00000000 0.000179350676 N/A DE US N 2 N/A N/A Call Purchased Hornbeck Offshore Services, Inc. Hornbeck Offshore Services, Inc. 1.00000000 1.00000000 USD 2030-04-09 XXXX -169901.20000000 N N N POST HOLDINGS INC JM1I5YUAURL6DC8N1468 737446AT1 9000.00000000 PA USD 10750.50000000 0.003186957757 Long DBT CORP US N 2 2027-08-15 Fixed 2.50000000 N N N N N Post Holdings, Inc. USD XXXX N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 808513BK0 29000.00000000 PA USD 28301.49000000 0.008389903083 Long DBT CORP US N 2 2026-06-01 Fixed 4.00000000 N N N N N N ROCKETMTGE CO-ISSUER INC N/A 74841CAB7 25000.00000000 PA USD 22381.15000000 0.006634833692 Long DBT CORP US N 2 2031-03-01 Fixed 3.87500000 N N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 151290CA9 355000.00000000 PA USD 348944.73000000 0.103443757424 Long DBT CORP MX N 2 2026-06-08 Fixed 5.12500000 N N N N N N BAUSCH HEALTH COS INC B3BS7ACMDUWISF18KY76 071734AN7 160000.00000000 PA USD 129214.40000000 0.038305272727 Long DBT CORP CA N 2 2028-06-01 Fixed 4.87500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38379B6K9 1490428.39000000 PA USD 121357.09000000 0.035975993618 Long ABS-MBS USGA US N 2 2040-01-20 Floating 1.16600000 N N N N N N KBR INC 254900OFQDXZRKRCV808 48242WAC0 225000.00000000 PA USD 214146.00000000 0.063483024596 Long DBT CORP US N 2 2028-09-30 Fixed 4.75000000 N N N N N N COINBASE GLOBAL INC 5493004G3J2SC154DU06 19260QAF4 20000.00000000 PA USD 18590.00000000 0.005510957137 Long DBT CORP US N 2 2030-04-01 Fixed 0.25000000 N N N N Y Coinbase Global, Inc. USD XXXX N N N Analog Devices Inc GYVOE5EZ4GDAVTU4CQ61 032654105 1138.00000000 NS USD 229500.46000000 0.068034814318 Long EC CORP US N 1 N N N WAYFAIR INC 54930027N9ZAVYFDHK53 94419LAM3 63000.00000000 PA USD 61424.67000000 0.018209183624 Long DBT CORP US N 2 2025-10-01 Fixed 0.62500000 N N N N N Wayfair, Inc. USD XXXX N N N HERTZ CORP/THE 549300PD0C69OJ0NLB27 428040DC0 20000.00000000 PA USD 18056.30000000 0.005352743161 Long DBT CORP US N 2 2029-07-15 Fixed 12.62500000 N N N N N N AMSR Trust N/A 03217JAH4 1800000.00000000 PA USD 1779876.90000000 0.527639876631 Long ABS-O CORP US N 2 2037-11-17 Fixed 4.11200000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397GFA3 90366.96000000 PA USD 7354.22000000 0.002180139386 Long ABS-MBS USGSE US N 2 2037-04-15 Floating 1.63700000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BJP66 2865067.32000000 PA USD 327684.34000000 0.097141170117 Long ABS-MBS USGSE US N 2 2051-11-25 Fixed 2.50000000 N N N N N N MURPHY OIL USA INC N32S6DTR2ZZ5222WHV58 626738AF5 815000.00000000 PA USD 724555.38000000 0.214792557460 Long DBT CORP US N 2 2031-02-15 Fixed 3.75000000 N N N N N N Countrywide Alternative Loan Trust N/A 02151LAM8 877106.00000000 PA USD 480340.52000000 0.142395697541 Long ABS-MBS CORP US N 2 2047-08-25 Fixed 6.25000000 N N N N N N Commodities Exchange Center N/A 000000000 36.00000000 NC USD 348934.90000000 0.103440843346 N/A DCO US N 1 Commodities Exchange Center N/A Long COMEX Gold 100 Troy Ounces Futures GCM5 Comdty 2025-06-26 10992145.10000000 USD 348934.90000000 N N N FMC GMSR Issuer Trust N/A 30259RAJ4 1900000.00000000 PA USD 1774808.43000000 0.526137341885 Long ABS-O CORP US N 2 2026-07-25 Variable 4.36000000 N N N N N N MARRIOTT INTERNATIONAL 225YDZ14ZO8E1TXUSU86 571903BU6 180000.00000000 PA USD 177551.32000000 0.052634626911 Long DBT CORP US N 2 2037-04-15 Fixed 5.50000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797MH7 2800000.00000000 PA USD 2750435.32000000 0.815359395319 Long STIV UST US N 2 2025-09-04 None 0.00000000 N N N N N N VORNADO REALTY LP 549300BMOJ05INE4YK86 929043AK3 13000.00000000 PA USD 12538.48000000 0.003716999776 Long DBT US N 2 2026-06-01 Fixed 2.15000000 N N N N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 30303M102 417.00000000 NS USD 240342.12000000 0.071248796220 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137B7AC3 1222121.28000000 PA USD 128603.46000000 0.038124161153 Long ABS-MBS USGSE US N 2 2054-01-15 Floating 1.43700000 N N N N N N Deutsche Mortgage Securities, Inc. N/A 25157GAH5 59675.59000000 PA USD 54479.68000000 0.016150359406 Long ABS-MBS CORP US N 2 2036-04-15 Floating 5.91700000 N N N N N N Countrywide Alternative Loan Trust N/A 02152AAL3 167435.74000000 PA USD 55729.18000000 0.016520770430 Long ABS-MBS CORP US N 2 2037-08-25 Floating 4.88500000 N N N N N N CARNIVAL CORP F1OF2ZSX47CR0BCWA982 143658BX9 130000.00000000 PA USD 128454.08000000 0.038079877840 Long DBT CORP PA N 2 2033-02-15 Fixed 6.12500000 N N N N N N PARSONS CORP 549300ZXH0VRBSEPX752 70202LAD4 19000.00000000 PA USD 19028.50000000 0.005640949322 Long DBT CORP US N 2 2029-03-01 Fixed 2.62500000 N N N N Y Parsons Corp. USD XXXX N N N Wells Fargo Commercial Mortgage Trust 549300S7ENI2U7O0XH56 94989JAA4 19971000.00000000 PA USD 199.71000000 0.000059203509 Long ABS-MBS CORP US N 2 2048-05-15 Variable 1.07600000 N N N N N N IndyMac INDX Mortgage Loan Trust N/A 45669EAC0 785615.70000000 PA USD 628358.69000000 0.186275298966 Long ABS-MBS CORP US N 2 2037-05-25 Variable 3.36000000 N N N N N N Cornerstone OnDemand Inc 549300Z402F16H5EGH48 86803YAB9 3448.38000000 PA USD 3004.40000000 0.000890646564 Long LON CORP US N 2 2028-10-16 Floating 8.18900000 N N N N N N FLUOR CORP CQ7WZ4NOFWT7FAE6Q943 343412AJ1 9000.00000000 PA USD 9573.75000000 0.002838113281 Long DBT CORP US N 2 2029-08-15 Fixed 1.12500000 N N N N N Fluor Corp. USD XXXX N N N CarMax Inc N/A 143130102 1330.00000000 NS USD 103633.60000000 0.030721911115 Long EC CORP US N 1 N N N Wells Fargo Commercial Mortgage Trust 549300BSYX29G4VVM177 95000MBU4 135000.00000000 PA USD 121273.56000000 0.035951231367 Long ABS-MBS CORP US N 2 2059-11-15 Variable 3.67100000 N N N N N N FS KKR CAPITAL CORP 549300TYRSI1T21B1360 302635AK3 510000.00000000 PA USD 463846.30000000 0.137506028932 Long DBT CORP US N 2 2028-10-12 Fixed 3.12500000 N N N N N N LCM Ltd Partnership N/A 50200LAA4 500000.00000000 PA USD 408832.00000000 0.121197182818 Long ABS-CBDO CORP KY N 2 2031-07-16 Floating 10.16900000 N N N N N N GSR Mortgage Loan Trust N/A 362341SF7 48160.25000000 PA USD 43023.67000000 0.012754255044 Long ABS-MBS CORP US N 2 2035-09-25 Variable 6.11900000 N N N N N N PERSHING SQUARE SPARC HOLDINGS 8SVCSVKSGDWMW2QHOH83 714920113 1566.00000000 NS USD 0.00000000 0.000000 N/A DE US N 1 N/A N/A Pershing Square Holdings Ltd. Pershing Square Holdings Ltd. 2033-09-23 XXXX 0.00000000 N N N CHARTER COMM OPT LLC/CAP N/A 161175CC6 370000.00000000 PA USD 245430.45000000 0.072757218411 Long DBT CORP US N 2 2061-12-01 Fixed 4.40000000 N N N N N N Credit Suisse Mortgage Trust N/A 126384CF1 24231.03000000 PA USD 17867.10000000 0.005296655313 Long ABS-MBS CORP US N 2 2037-03-25 Fixed 5.00000000 N N N N N N MACQUARIE AIRFINANCE HLD 549300MCGUSL5B852H65 55609NAF5 80000.00000000 PA USD 80081.20000000 0.023739863407 Long DBT CORP GB N 2 2028-03-27 Fixed 5.20000000 N N N N N N ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 000000000 102.00000000 NC USD -114058.01000000 -0.03381220034 N/A DE US N 1 ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 Long ICE U.S. MSCI Emerging Markets Index Futures MESM5 Index 2025-06-20 5779138.01000000 USD -114058.01000000 N N N Textron Financial Corp 4E8B2CNXPE5P5AY03O18 883199AR2 185000.00000000 PA USD 168334.67000000 0.049902374996 Long DBT CORP US N 2 2042-02-15 Variable 6.32000000 N N N N N N Aon PLC 635400FALWQYX5E6QC64 000000000 439.00000000 NS USD 175200.51000000 0.051937735403 Long EC CORP IE N 1 N N N YUZHOU GROUP 213800MP59KHGJSPHE82 000000000 710000.00000000 PA USD 54002.60000000 0.016008930281 Long DBT CORP KY Y 2 2026-08-12 None 0.00000000 Y N N N N N AERCAP IRELAND CAP/GLOBA N/A 00774MAY1 150000.00000000 PA USD 129205.87000000 0.038302744030 Long DBT CORP IE N 2 2033-10-29 Fixed 3.40000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380YTQ8 1578253.82000000 PA USD 161581.15000000 0.047900311561 Long ABS-MBS USGA US N 2 2048-08-20 Floating 1.81600000 N N N N N N KAISA GROUP HOLDINGS LTD 254900N8L3L7NRJT0120 000000000 400000.00000000 PA USD 18896.00000000 0.005601670041 Long DBT CORP KY Y 2 2026-06-01 None 0.00000000 Y N N N N N VIPER ENERGY INC 5299009LINL232255G03 92763MAB1 35000.00000000 PA USD 36584.49000000 0.010845376885 Long DBT CORP US N 2 2031-11-01 Fixed 7.37500000 N N N N N N PILGRIM'S PRIDE CORP 549300ZSLGV64ZL3HD75 72147KAL2 550000.00000000 PA USD 592375.85000000 0.175608279658 Long DBT CORP US N 2 2034-05-15 Fixed 6.87500000 N N N N N N Washington Mutual Mortgage Pass-Through CTFS N/A 93934NAE5 313029.64000000 PA USD 251209.70000000 0.074470462039 Long ABS-MBS CORP US N 2 2036-07-25 Fixed 6.00000000 N N N N N N Morgan Stanley Capital I Trust N/A 617459AK8 540000.00000000 PA USD 511023.60000000 0.151491616785 Long ABS-MBS CORP US N 2 2044-06-15 Variable 5.21300000 N N N N N N CALIFORNIA RESOURCES CRP 5493003Q8F0T4F4YMR48 13057QAK3 330000.00000000 PA USD 335618.73000000 0.099493299391 Long DBT CORP US N 2 2029-06-15 Fixed 8.25000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38380XQ75 16028746.94000000 PA USD 839072.84000000 0.248740960558 Long ABS-MBS USGA US N 2 2048-08-20 Floating 0.11600000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397GQ29 74378.46000000 PA USD 6741.45000000 0.001998485314 Long ABS-MBS USGSE US N 2 2037-04-15 Floating 1.63700000 N N N N N N STARWOOD PROPERTY TRUST BUGSFQZERKRBFWIG5267 85571BAU9 209000.00000000 PA USD 202645.15000000 0.060073627533 Long DBT US N 2 2026-07-15 Fixed 3.62500000 N N N N N N Lealand Finance Company BV N/A 000000000 1484727.97000000 PA USD 645856.67000000 0.191462529616 Long LON CORP NL N 2 2027-12-31 Floating 5.43900000 N N Y N N N Byju's Alpha Inc 254900EAJ040Y8AVVN71 000000000 51.91000000 PA USD 51.91000000 0.000015388584 Long LON CORP US N 2 2026-04-09 Floating 12.32500000 N N N N N N Imperial Fund LLC N/A 452762AF4 2000000.00000000 PA USD 1481992.80000000 0.439332910135 Long ABS-MBS CORP US N 2 2056-11-25 Variable 4.12800000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 95002NAN7 180000.00000000 PA USD 174958.87000000 0.051866101853 Long ABS-MBS CORP US N 2 2031-09-15 Variable 3.86000000 N N N N N N TAYLOR MORRISON COMM 549300O1Z08HI2MRK572 87724RAJ1 500000.00000000 PA USD 480818.20000000 0.142537304535 Long DBT CORP US N 2 2030-08-01 Fixed 5.12500000 N N N N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 620076BW8 467000.00000000 PA USD 481914.53000000 0.142862308711 Long DBT CORP US N 2 2032-06-01 Fixed 5.60000000 N N N N N N NCL FINANCE LTD N/A 62888HAA7 115000.00000000 PA USD 114731.96000000 0.034011991065 Long DBT CORP BM N 2 2028-03-15 Fixed 6.12500000 N N N N N N Telefonica Emisiones SAU 549300Y5MFC4SW5Z3K71 87938WAC7 300000.00000000 PA USD 331842.46000000 0.098373833974 Long DBT CORP ES N 2 2036-06-20 Fixed 7.04500000 N N N N N N Textainer Marine Containers Limited 549300X48KLHDDGPK024 88315LAN8 151216.65000000 PA USD 138699.25000000 0.041117031834 Long ABS-O CORP BM N 2 2046-02-20 Fixed 2.52000000 N N N N N N CONTINENTAL RESOURCES XXRTID9RYWOZ0UPIVR53 212015AT8 630000.00000000 PA USD 634393.25000000 0.188064228579 Long DBT CORP US N 2 2031-01-15 Fixed 5.75000000 N N N N N N LPL Financial Holdings Inc 549300XROQ4Y8G2L7682 50212V100 98.00000000 NS USD 32059.72000000 0.009504020590 Long EC CORP US N 1 N N N JEFFERIES FIN GROUP INC 549300HOF34RGOJ5YL07 47233WEJ4 265000.00000000 PA USD 269701.24000000 0.079952230966 Long DBT CORP US N 2 2034-04-14 Fixed 6.20000000 N N N N N N STANDARD CHARTERED PLC U4LOSYZ7YG4W3S5F2G91 853254BU3 260000.00000000 PA USD 229722.84000000 0.068100738290 Long DBT CORP GB N 2 2036-02-18 Fixed 3.26500000 N N N N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 4.00000000 NC USD 22385.77000000 0.006636203279 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long CME E-mini S&P MidCap 400 Index Futures FAM5 Index 2025-06-20 1153054.23000000 USD 22385.77000000 N N N YUM! BRANDS INC 549300JE8XHZZ7OHN517 988498AL5 749000.00000000 PA USD 724519.80000000 0.214782009862 Long DBT CORP US N 2 2030-01-15 Fixed 4.75000000 N N N N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BF3 215000.00000000 PA USD 153886.90000000 0.045619371166 Long DBT CORP US N 2 2031-02-15 Fixed 3.37500000 N N N N N N Buttermilk Park CLO Ltd N/A 12416PAA5 750000.00000000 PA USD 733316.93000000 0.217389896164 Long ABS-CBDO CORP KY N 2 2031-10-15 Floating 10.31400000 N N N N N N SYNCHRONY FINANCIAL 549300RS7EWPM9MA6C78 87165BAW3 35000.00000000 PA USD 34729.40000000 0.010295440281 Long DBT CORP US N 2 2031-03-06 Fixed 5.45000000 N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398GRB7 12976.25000000 PA USD 1360.79000000 0.000403402655 Long ABS-MBS USGSE US N 2 2040-01-25 Floating 1.79600000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137A6EB4 122627.80000000 PA USD 9778.73000000 0.002898879069 Long ABS-MBS USGSE US N 2 2041-02-15 Floating 1.38700000 N N N N N N HESS MIDSTREAM OPERATION N/A 428102AE7 880000.00000000 PA USD 828397.16000000 0.245576182995 Long DBT CORP US N 2 2030-02-15 Fixed 4.25000000 N N N N N N Wells Fargo Mortgage Backed Securities Trust N/A 949789AA9 35324.89000000 PA USD 34481.32000000 0.010221897610 Long ABS-MBS CORP US N 2 2036-12-25 Variable 6.93100000 N N N N N N TE Connectivity PLC 6367003TB6K484NFHE54 000000000 1530.00000000 NS USD 216219.60000000 0.064097737921 Long EC CORP IE N 1 N N N Countrywide Alternative Loan Trust N/A 02148HAG6 288532.77000000 PA USD 164069.57000000 0.048637997197 Long ABS-MBS CORP US N 2 2036-11-25 Fixed 6.00000000 N N N N N N Deutsche Mortgage and Asset Receiving Corp. 529900JBPP7HAVCM8C23 25160HAC9 1448236.85000000 PA USD 1171549.46000000 0.347302789615 Long ABS-MBS CORP US N 2 2037-07-27 Variable 6.48700000 N N N N N N INTERDIGITAL INC N/A 45867GAD3 5000.00000000 PA USD 13440.00000000 0.003984253035 Long DBT CORP US N 2 2027-06-01 Fixed 3.50000000 N N N N N InterDigital, Inc. USD XXXX N N N Wells Fargo Commercial Mortgage Trust 549300V2DF3KW9L1CV04 94988QAQ4 220560.10000000 PA USD 212511.82000000 0.062998576186 Long ABS-MBS CORP US N 2 2046-07-15 Variable 3.82200000 N N N N N N Samsung C&T Corp 988400GFRE4IDFPE9E64 000000000 610.00000000 NS 48427.16000000 0.014356105598 Long EC CORP KR N 1 N N N ELEMENT COMM AVIATION N/A 000000000 170.00000000 NS USD 0.00000000 0.000000 Long EC RF US N 3 N N N NAVIENT CORP 54930067J0ZNOEBRW338 63938CAM0 350000.00000000 PA USD 331543.63000000 0.098285246598 Long DBT CORP US N 2 2029-03-15 Fixed 5.50000000 N N N N N N APTARGROUP INC VNPEQDQFAA7IY1T2PX43 038336AA1 70000.00000000 PA USD 63715.99000000 0.018888439477 Long DBT CORP US N 2 2032-03-15 Fixed 3.60000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 18.00000000 NC USD 31882.46000000 0.009451472324 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT U.S. Long Bond Futures USM5 Comdty 2025-06-18 2079180.04000000 USD 31882.46000000 N N N LCM Ltd Partnership N/A 50200GAA5 500000.00000000 PA USD 393233.50000000 0.116573048072 Long ABS-CBDO CORP KY N 2 2031-01-20 Floating 9.85500000 N N N N N N SUBURBAN PROPANE PARTNRS N/A 864486AL9 41000.00000000 PA USD 37011.18000000 0.010971868025 Long DBT CORP US N 2 2031-06-01 Fixed 5.00000000 N N N N N N CHARTER COMM OPT LLC/CAP N/A 161175BC7 70000.00000000 PA USD 67881.64000000 0.020123335583 Long DBT CORP US N 2 2055-10-23 Fixed 6.83400000 N N N N N N BOOKING HOLDINGS INC FXM8FAOHMYDIPD38UZ17 09857LAN8 4000.00000000 PA USD 9847.00000000 0.002919117532 Long DBT CORP US N 2 2025-05-01 Fixed 0.75000000 N N N N N Booking Holdings Inc USD XXXX N N N Shiseido Co Ltd 5299008QCD0YDT5OF506 000000000 700.00000000 NS 13167.02000000 0.003903328824 Long EC CORP JP N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382UAD3 6927949.17000000 PA USD 220191.01000000 0.065275052084 Long ABS-MBS USGA US N 2 2051-06-20 Floating 0.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31397MBM8 9795.30000000 PA USD 475.61000000 0.000140993347 Long ABS-MBS USGSE US N 2 2038-07-25 Floating 1.60600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384AZ30 5682990.98000000 PA USD 700517.29000000 0.207666528215 Long ABS-MBS USGA US N 2 2051-02-20 Fixed 2.50000000 N N N N N N Byju's Alpha Inc 254900EAJ040Y8AVVN71 000000000 177.18000000 PA USD 177.18000000 0.000052524550 Long LON CORP US N 2 2026-04-09 Floating 12.32500000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797KS5 3010000.00000000 PA USD 3004381.33000000 0.890641029340 Long STIV UST US N 2 2025-04-17 None 0.00000000 N N N N N N NCR Voyix Corp 549300YKTY8JX1DV2R67 62886E108 660.00000000 NS USD 6435.00000000 0.001907639009 Long EC CORP US N 1 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398N2Y9 1361706.82000000 PA USD 127169.94000000 0.037699197878 Long ABS-MBS USGSE US N 2 2040-11-25 Floating 1.59600000 N N N N N N Ferguson Enterprises Inc 2138003JYQMRP3SLX189 31488V107 710.00000000 NS USD 113763.30000000 0.033724834328 Long EC CORP US N 1 N N N MVW Owner Trust N/A 55389PAC3 0.03000000 PA USD 0.03000000 0.000000008893 Long ABS-O CORP US N 2 2036-11-20 Fixed 3.33000000 N N N N N N International Flavors & Fragrances Inc BZLRL03D3GPGMOGFO832 459506101 2270.00000000 NS USD 176174.70000000 0.052226531494 Long EC CORP US N 1 N N N GLOBAL AUTO HO/AAG FH UK N/A 00033GAA3 200000.00000000 PA USD 180579.34000000 0.053532275563 Long DBT CORP GB N 2 2029-01-15 Fixed 8.37500000 N N N N N N Dryden Senior Loan Fund N/A 26245QAC6 500000.00000000 PA USD 428218.00000000 0.126944112085 Long ABS-CBDO CORP KY N 2 2031-04-15 Floating 11.76400000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382XDR3 3595103.79000000 PA USD 570610.92000000 0.169156122782 Long ABS-MBS USGA US N 2 2051-08-20 Fixed 3.00000000 N N N N N N PALO ALTO NETWORKS 549300QXR2YVZV231H43 697435AF2 2000.00000000 PA USD 6863.00000000 0.002034518495 Long DBT CORP US N 2 2025-06-01 Fixed 0.37500000 N N N N Y Palo Alto Networks Inc USD XXXX N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137A1X32 130060.55000000 PA USD 3750.58000000 0.001111849683 Long ABS-MBS USGSE US N 2 2040-09-15 Floating 0.00000000 N N N N N N MOTOROLA SOLUTIONS INC 6S552MUG6KGJVEBSEC55 620076BU2 320000.00000000 PA USD 283254.74000000 0.083970130781 Long DBT CORP US N 2 2031-05-24 Fixed 2.75000000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VBV1 550000.00000000 PA USD 536068.62000000 0.158916147809 Long DBT CORP US N 2 2033-03-01 Fixed 5.00000000 N N N N N N MF1 Multifamily Housing Mortgage Loan Trust N/A 58003MAJ5 400000.00000000 PA USD 401259.20000000 0.118952245958 Long ABS-CBDO CORP US N 2 2041-08-18 Floating 8.35400000 N N N N N N CITADEL LP 549300IPM6EKPVUPFL67 17288XAD6 30000.00000000 PA USD 30471.94000000 0.009033327339 Long DBT CORP US N 2 2030-01-23 Fixed 6.00000000 N N N N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 808513AR6 3000.00000000 PA USD 2896.07000000 0.000858532417 Long DBT CORP US N 2 2027-12-01 Fixed 5.00000000 N N N N N N WF-RBS Commercial Mortgage Trust N/A 92936CAY5 395000.00000000 PA USD 360386.55000000 0.106835655197 Long ABS-MBS CORP US N 2 2044-06-15 Variable 4.96000000 N N N N N N GOLUB CAPITAL BDC 2549005WE0QLGK9APF78 38173MAD4 140000.00000000 PA USD 146197.31000000 0.043339812215 Long DBT CORP US N 2 2028-12-05 Fixed 7.05000000 N N N N N N CALUMET SPECIALTY PROD N/A 131477AW1 359000.00000000 PA USD 327036.44000000 0.096949101848 Long DBT CORP US N 2 2028-07-15 Fixed 9.75000000 N N N N N N NETAPP INC QTX3D84DZDD5JYOCYH15 64110DAN4 50000.00000000 PA USD 49839.03000000 0.014774650786 Long DBT CORP US N 2 2035-03-17 Fixed 5.70000000 N N N N N N Banc of America Mortgage Securities N/A 05949AH86 5283.10000000 PA USD 4868.00000000 0.001443105935 Long ABS-MBS CORP US N 2 2035-02-25 Variable 5.12500000 N N N N N N PENNYMAC FIN SVCS INC 549300W1D516HBDEU871 70932MAD9 49000.00000000 PA USD 51019.09000000 0.015124476503 Long DBT CORP US N 2 2029-12-15 Fixed 7.87500000 N N N N N N PHILIP MORRIS INTL INC HL3H1H2BGXWVG3BSWR90 718172CS6 166000.00000000 PA USD 142524.03000000 0.042250877915 Long DBT CORP US N 2 2030-11-01 Fixed 1.75000000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023CX1 10000.00000000 PA USD 9375.10000000 0.002779224005 Long DBT CORP US N 2 2060-05-01 Fixed 5.93000000 N N N N N N RR Ltd 549300KSO6EE9C4GF767 78110LAA4 500000.00000000 PA USD 485396.00000000 0.143894381435 Long ABS-CBDO CORP KY N 2 2036-04-15 Floating 10.41400000 N N N N N N Dryden Senior Loan Fund 549300BH0PFEW6WVTN52 26244FAG2 1000000.00000000 PA USD 940209.00000000 0.278722512083 Long ABS-CBDO CORP KY N 2 2031-08-15 Floating 10.33500000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VBX7 300000.00000000 PA USD 298516.65000000 0.088494484297 Long DBT CORP US N 2 2034-06-01 Fixed 5.50000000 N N N N N N Wind River CLO Ltd N/A 97315YAA9 500000.00000000 PA USD 449205.50000000 0.133165801860 Long ABS-CBDO CORP KY N 2 2034-07-20 Floating 10.98500000 N N N N N N Swire Pacific Ltd 549300KZOZHII0DGF611 000000000 1734.00000000 NS 15289.81000000 0.004532624397 Long EC CORP HK N 1 N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 902613BH0 225000.00000000 PA USD 230322.24000000 0.068278428861 Long DBT CORP CH N 2 2035-02-08 Fixed 5.69900000 N N N N N N CHARTER COMM OPT LLC/CAP N/A 161175BV5 60000.00000000 PA USD 37714.77000000 0.011180445451 Long DBT CORP US N 2 2051-04-01 Fixed 3.70000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38378P2W7 2107922.05000000 PA USD 224984.63000000 0.066696108262 Long ABS-MBS USGA US N 2 2044-01-16 Floating 1.66600000 N N N N N N JUNIPER NETWORKS INC AUHIXNGG7U2U7JEHM527 48203RAP9 320000.00000000 PA USD 272669.54000000 0.080832175779 Long DBT CORP US N 2 2030-12-10 Fixed 2.00000000 N N N N N N Voya CLO Ltd N/A 92917TAA3 500000.00000000 PA USD 473391.50000000 0.140335678640 Long ABS-CBDO CORP KY N 2 2031-07-15 Floating 9.81400000 N N N N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023DU6 80000.00000000 PA USD 86528.45000000 0.025651133897 Long DBT CORP US N 2 2064-05-01 Fixed 7.00800000 N N N N N N Pagaya AI Debt Selection Trust N/A 69547EAD6 800000.00000000 PA USD 28302.40000000 0.008390172850 Long ABS-O CORP US N 2 2029-08-15 None 0.00000000 N N N N N N Bio-Rad Laboratories Inc 549300ZC1GPV35XYDK53 090572207 209.00000000 NS USD 50904.04000000 0.015090370230 Long EC CORP US N 1 N N N Glencore PLC 2138002658CPO9NBH955 000000000 21870.00000000 NS 79026.96000000 0.023427336702 Long EC CORP JE N 1 N N N SHIMAO GROUP HOLDINGS LT 254900WTJ6B5CU69ZD26 000000000 400000.00000000 PA USD 22392.00000000 0.006638050146 Long DBT CORP KY Y 2 2031-01-11 None 0.00000000 Y N N N N N OCTAGON INVESTMENT PARTNERS 40, LTD. N/A 67592EAE2 500000.00000000 PA USD 481181.00000000 0.142644855651 Long ABS-CBDO CORP KY N 2 2035-01-20 Floating 11.55500000 N N N N N N EPIC CREATIONS INC N/A 000000000 217.99000000 PA USD 219.08000000 0.000064945696 Long LON CORP US N 2 2025-04-30 Floating 14.32500000 N N N N N N Cyxtera DC Holdings Inc N/A 19633FAD3 132288.28000000 PA USD 727.59000000 0.000215692162 Long LON CORP US N 2 2026-01-16 None 10.50000000 Y N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38377VE77 1091317.58000000 PA USD 86499.69000000 0.025642608070 Long ABS-MBS USGA US N 2 2041-05-20 Floating 0.94600000 N N N N N N Octagon Investment Partners XVI LTD N/A 67590DAG1 1000000.00000000 PA USD 957239.00000000 0.283771011279 Long ABS-CBDO CORP KY N 2 2030-07-17 Floating 10.31400000 N N N N N N Neuberger Berman CLO Ltd 549300P0MOXZPIM3AS61 64131NAA5 1000000.00000000 PA USD 439330.00000000 0.130238235577 Long ABS-CBDO CORP KY N 2 2038-10-18 Variable 0.00000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 48128AAJ2 235000.00000000 PA USD 240980.64000000 0.071438083813 Long DBT CORP US N 2 2030-04-01 Fixed 6.50000000 N N N N N N PERMIAN RESOURC OPTG LLC 5493004CTVUMQLRPOE23 15136AAA0 5000.00000000 PA USD 12171.92000000 0.003608334018 Long DBT CORP US N 2 2028-04-01 Fixed 3.25000000 N N N N Y Permian Resources Corp. USD XXXX N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31393EMJ5 101596.40000000 PA USD 102954.61000000 0.030520626296 Long ABS-MBS USGSE US N 2 2033-09-25 Fixed 5.00000000 N N N N N N Hoshizaki Corp 5299001QAMLGU3SRBG20 000000000 127.00000000 NS 4889.57000000 0.001449500306 Long EC CORP JP N 1 N N N APPLOVIN CORP 549300LLVXMUAOL3SQ07 03831WAD0 170000.00000000 PA USD 169608.89000000 0.050280114200 Long DBT CORP US N 2 2034-12-01 Fixed 5.50000000 N N N N N N Bear Stearns Asset Backed Securities Trust N/A 07387UCE9 271595.69000000 PA USD 125079.10000000 0.037079373800 Long ABS-MBS CORP US N 2 2036-02-25 Variable 6.25000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382VET2 18168992.08000000 PA USD 187740.20000000 0.055655093881 Long ABS-MBS USGA US N 2 2051-06-20 Floating 0.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396WK96 11738.02000000 PA USD 1045.10000000 0.000309817176 Long ABS-MBS USGSE US N 2 2037-07-25 Floating 2.19600000 N N N N N N QUIKRETE HOLDINGS INC 5493007KIN86DIZWZT22 74843PAB6 90000.00000000 PA USD 89805.60000000 0.026622636489 Long DBT CORP US N 2 2033-03-01 Fixed 6.75000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38376MAG2 1496965.09000000 PA USD 128719.39000000 0.038158528300 Long ABS-MBS USGA US N 2 2044-01-20 Floating 1.11600000 N N N N N N NCR Atleos Corp N/A 63001N106 440.00000000 NS USD 11607.20000000 0.003440924243 Long EC CORP US N 1 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 90.00000000 NC USD 37193.13000000 0.011025806630 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 5 Year U.S. Treasury Notes FVM5 Comdty 2025-06-30 9696869.37000000 USD 37193.13000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396WKM7 62013.61000000 PA USD 6355.96000000 0.001884207806 Long ABS-MBS USGSE US N 2 2036-10-25 Floating 2.16600000 N N N N N N Nintendo Co Ltd 353800FEEXU6I9M0ZF27 000000000 1168.00000000 NS 78765.21000000 0.023349741595 Long EC CORP JP N 1 N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B5NX9 17031926.60000000 PA USD 233827.91000000 0.069317675613 Long ABS-MBS USGSE US N 2 2029-06-25 Variable 0.56100000 N N N N N N Eurofins Scientific SE 529900JEHFM47DYY3S57 000000000 1430.00000000 NS 75980.16000000 0.022524120768 Long EC CORP LU N 1 N N Springcastle SPV N/A 85022WAP9 0.05000000 PA USD 0.05000000 0.000000014822 Long ABS-O CORP US N 2 2037-09-25 Fixed 1.97000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797KS5 1400000.00000000 PA USD 1397358.98000000 0.414243434372 Long STIV UST US N 2 2025-04-17 None 0.00000000 N N N N N N Credit Suisse First Boston Mortgage Securities N/A 22541QL75 25128.40000000 PA USD 25517.77000000 0.007564676531 Long ABS-MBS CORP US N 2 2033-11-25 Fixed 5.75000000 N N N N N N Wells Fargo Commercial Mortgage Trust 549300FWFHJGIW2B2U59 95000DBK6 600000.00000000 PA USD 572620.92000000 0.169751982053 Long ABS-MBS CORP US N 2 2049-06-15 Variable 5.05100000 N N N N N N Banc of America Funding Corporation N/A 05946XS61 16556.68000000 PA USD 16635.18000000 0.004931455834 Long ABS-MBS CORP US N 2 2035-11-25 Fixed 5.75000000 N N N N N N Carvana Auto Receivables Trust N/A 14687D102 3000.00000000 PA USD 294243.24000000 0.087227643020 Long ABS-O CORP US N 2 2028-01-10 None 0.00000000 N N N N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 37940XAU6 14000.00000000 PA USD 13258.00000000 0.003930299609 Long DBT CORP US N 2 2031-03-01 Fixed 1.50000000 N N N N Y Global Payments, Inc. USD XXXX N N N ZHENRO PROPERTIES GROUP 549300I66TVJEL841P38 000000000 0.00000000 PA USD 0.00000000 0.000000 Long DBT CORP KY Y 2 2026-01-07 None 0.00000000 Y N N N N N ECOPETROL SA 254900IDGKCJICKBPA66 279158AV1 125000.00000000 PA USD 121862.34000000 0.036125773666 Long DBT CORP CO N 2 2036-01-19 Fixed 8.37500000 N N N N N N PULTEGROUP INC N/A 745867AP6 50000.00000000 PA USD 52853.05000000 0.015668149174 Long DBT CORP US N 2 2033-05-15 Fixed 6.37500000 N N N N N N PATRICK INDUSTRIES INC 549300FZ5ZTCCJ3Z5W14 703343AD5 430000.00000000 PA USD 403755.38000000 0.119692232025 Long DBT CORP US N 2 2029-05-01 Fixed 4.75000000 N N N N N N Jefferies Financial Group Inc 549300HOF34RGOJ5YL07 47233W109 540.00000000 NS USD 28927.80000000 0.008575571053 Long EC CORP US N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382Q3U2 8163454.20000000 PA USD 884911.09000000 0.262329590522 Long ABS-MBS USGA US N 2 2051-05-20 Fixed 2.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31398CGK8 154884.80000000 PA USD 11908.30000000 0.003530184555 Long ABS-MBS USGSE US N 2 2039-04-15 Floating 1.53700000 N N N N N N Residential Accredit Loans, Inc. N/A 74922SAE8 203962.84000000 PA USD 168454.62000000 0.049937933862 Long ABS-MBS CORP US N 2 2036-12-25 Fixed 6.00000000 N N N N N N Morgan Stanley Mortgage Loan Trust N/A 61756HBN9 222160.72000000 PA USD 117174.87000000 0.034736185379 Long ABS-MBS CORP US N 2 2037-10-25 Fixed 6.00000000 N N N N N N Lealand Finance Company BV N/A 000000000 45798.27000000 PA USD 24273.08000000 0.007195691419 Long LON CORP NL N 2 2027-06-30 Floating 7.43900000 N N N N N N Golub Capital Partners CLO, LTD N/A 38190BAC9 250000.00000000 PA USD 250424.00000000 0.074237543318 Long ABS-CBDO CORP JE N 2 2037-07-25 Floating 6.15000000 N N N N N N KAISA GROUP HOLDINGS LTD 254900N8L3L7NRJT0120 000000000 1000000.00000000 PA USD 47430.00000000 0.014060500110 Long DBT CORP KY Y 2 2025-04-16 None 0.00000000 Y N N N N N STICHTING ADMINISTRATIEKAN N/A 860570100 294.00000000 NS USD 0.00000000 0.000000 Long EC CORP NL N 1 N N N UNIGEL LUXEMBOURG SA N/A 000000000 65685.00000000 PA USD 61270.64000000 0.018163521831 Long DBT CORP LU Y 2 2027-12-31 Fixed 13.50000000 N N Y N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136BJZA6 16907485.09000000 PA USD 209617.31000000 0.062140506227 Long ABS-MBS USGSE US N 2 2028-03-25 Variable 0.75000000 N N N N N N Howmet Aerospace Inc 549300HO5WFZUT5N2T22 443201108 354.00000000 NS USD 45924.42000000 0.013614174836 Long EC CORP US N 1 N N N JPMBB Commercial Mortgage Securities Trust N/A 46644AAJ1 4749500.00000000 PA USD 47.50000000 0.000014081251 Long ABS-MBS CORP US N 2 2048-02-15 Variable 1.28800000 N N N N N N SEAGATE HDD CAYMAN 529900BD50TRWEG1SF63 81180WBL4 13000.00000000 PA USD 15676.38000000 0.004647222068 Long DBT CORP KY N 2 2028-06-01 Fixed 3.50000000 N N N N N Seagate Technology Holdings PLC USD XXXX N N N PERMIAN RESOURC OPTG LLC 5493004CTVUMQLRPOE23 71424VAB6 145000.00000000 PA USD 144504.23000000 0.042837903053 Long DBT CORP US N 2 2033-02-01 Fixed 6.25000000 N N N N N N MICRON TECHNOLOGY INC B3DXGBC8GAIYWI2Z0172 595112CB7 220000.00000000 PA USD 228467.60000000 0.067728625658 Long DBT CORP US N 2 2033-09-15 Fixed 5.87500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38379AR77 3731563.94000000 PA USD 439675.25000000 0.130340584041 Long ABS-MBS USGA US N 2 2044-03-20 Floating 1.66600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382L2E0 4357844.31000000 PA USD 591840.58000000 0.175449600259 Long ABS-MBS USGA US N 2 2050-11-20 Floating 1.86600000 N N N N N N Upstart Pass Through Trust N/A 91683MAB0 929000.00000000 PA USD 320913.76000000 0.095134049290 Long ABS-O CORP US N 2 2029-11-20 None 0.00000000 N N N N N N CoreVest American Finance Ltd N/A 21873AAJ6 305000.00000000 PA USD 274853.19000000 0.081479513141 Long ABS-O CORP US N 2 2052-12-15 Fixed 2.25000000 N N N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B9EN3 15867686.10000000 PA USD 137485.57000000 0.040757239555 Long ABS-MBS USGSE US N 2 2027-12-25 Variable 0.76400000 N N N N N N Park-Ohio Industries Inc 5493006LQUO5SLMNYM18 700677AR8 320000.00000000 PA USD 309931.90000000 0.091878505463 Long DBT CORP US N 2 2027-04-15 Fixed 6.62500000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023CW3 305000.00000000 PA USD 289342.23000000 0.085774751355 Long DBT CORP US N 2 2050-05-01 Fixed 5.80500000 N N N N N N COMM Mortgage Trust N/A 20048KAG2 1989000.00000000 PA USD 418424.94000000 0.124040984924 Long ABS-MBS CORP US N 2 2033-09-15 Floating 6.79200000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38379GVG9 1290337.26000000 PA USD 104893.84000000 0.031095505985 Long ABS-MBS USGA US N 2 2044-05-16 Floating 1.16600000 N N N N N N American Home Mortgage Investment Trust N/A 02660THY2 156145.98000000 PA USD 138846.15000000 0.041160579957 Long ABS-MBS CORP US N 2 2046-03-25 Floating 4.71500000 N N N N N N Credit Suisse Mortgage Trust N/A 22942JAK9 600286.52000000 PA USD 288236.58000000 0.085446984289 Long ABS-MBS CORP US N 2 2036-07-25 Fixed 6.00000000 N N N N N N TARGA RESOURCES CORP 5493003QENHHS261UR94 87612GAM3 105000.00000000 PA USD 104606.35000000 0.031010280322 Long DBT CORP US N 2 2035-08-15 Fixed 5.55000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 -177.00000000 NC USD -109462.46000000 -0.03244986149 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT 2 Year U.S. Treasury Notes Futures TUM5 Comdty 2025-06-30 -36559959.59000000 USD -109462.46000000 N N N FMC GMSR Issuer Trust N/A 30259RAL9 2500000.00000000 PA USD 2333395.00000000 0.691728877391 Long ABS-O CORP US N 2 2026-10-25 Variable 4.44000000 N N N N N N WAYFAIR INC 54930027N9ZAVYFDHK53 94419LAF8 8000.00000000 PA USD 7510.00000000 0.002226319962 Long DBT CORP US N 2 2026-08-15 Fixed 1.00000000 N N N N Y Wayfair Inc USD XXXX N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397T3F7 1054892.00000000 PA USD 97688.06000000 0.028959371250 Long ABS-MBS USGSE US N 2 2038-04-15 Floating 1.51700000 N N N N N N GS Mortgage Securities Trust 5493005BBCF84ICNQ550 36192RAA0 126507.42000000 PA USD 109330.36000000 0.032410700797 Long ABS-MBS CORP US N 2 2034-11-05 Fixed 2.95400000 N N N N N N JBS USA SARL/FOOD/GRP N/A 472140AA0 65000.00000000 PA USD 66872.00000000 0.019824030431 Long DBT CORP US N 2 2035-04-20 Fixed 5.95000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137B9GH2 172055.52000000 PA USD 3811.89000000 0.001130024873 Long ABS-MBS USGSE US N 2 2043-07-15 Floating 1.63700000 N N N N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 16119P108 344.00000000 NS USD 126774.32000000 0.037581917358 Long EC CORP US N 1 N N N GS Mortgage Securities Trust 5493005BBCF84ICNQ550 36266CAS5 600000.00000000 PA USD 594314.46000000 0.176182975549 Long ABS-MBS CORP US N 2 2026-11-15 Floating 10.36700000 N N N N N N WAVE 2017-1 LLC N/A 94353WAA3 252174.42000000 PA USD 235800.71000000 0.069902507040 Long ABS-O CORP US N 2 2042-11-15 Fixed 3.84400000 N N N N N N New Residential Mortgage Loan Trust N/A 64828BAD3 2250000.00000000 PA USD 1866377.70000000 0.553282813758 Long ABS-MBS CORP US N 2 2055-07-25 Variable 2.27300000 N N N N N N Ocean Trails CLO 549300RX29DPTX81VW10 67515EAX4 700000.00000000 PA USD 701351.70000000 0.207913886889 Long ABS-CBDO CORP KY N 2 2031-10-13 Floating 8.00100000 N N N N N N NCL CORPORATION LTD UNZWILHE4KMRP9K2L524 62886HBR1 135000.00000000 PA USD 133753.55000000 0.039650891935 Long DBT CORP BM N 2 2032-02-01 Fixed 6.75000000 N N N N N N Carlyle Global Market Strategies 549300K65HYRGER5BW54 14314NAA9 500000.00000000 PA USD 497777.00000000 0.147564696676 Long ABS-CBDO CORP KY N 2 2031-05-15 Floating 9.93500000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651CAS7 299000.00000000 PA USD 270020.34000000 0.080046827331 Long ABS-MBS CORP US N 2 2032-05-05 Variable 4.45700000 N N N N N N COMM Mortgage Trust N/A 12624PAL9 437752.75000000 PA USD 411113.09000000 0.121873406014 Long ABS-MBS CORP US N 2 2045-10-15 Fixed 3.92200000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398MBV7 23948.34000000 PA USD 956.13000000 0.000283442251 Long ABS-MBS USGSE US N 2 2040-02-25 Floating 0.29600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382EFH5 4074582.76000000 PA USD 308170.88000000 0.091356455665 Long ABS-MBS USGA US N 2 2044-07-20 Floating 0.93600000 N N N N N N MetroNet Infrastructure Issuer LLC 5493000BIROCAEATAQ61 59170DAB7 887000.00000000 PA USD 923411.53000000 0.273742945801 Long ABS-O CORP US N 2 2053-04-20 Fixed 8.01000000 N N N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 3136B7FZ9 7256826.09000000 PA USD 346197.77000000 0.102629428278 Long ABS-MBS USGSE US N 2 2031-03-25 Variable 1.15000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 203.00000000 NC USD 122722.01000000 0.036380620601 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 2 Year U.S. Treasury Notes Futures TUM5 Comdty 2025-06-30 41933168.83000000 USD 122722.01000000 N N N Safran SA 969500UIC89GT3UL7L24 000000000 563.00000000 NS 147077.52000000 0.043600748179 Long EC CORP FR N 1 N N N MERITAGE HOMES CORP 52990044W9UMFJO2FB97 59001ABG6 195000.00000000 PA USD 192105.23000000 0.056949095669 Long DBT CORP US N 2 2035-03-15 Fixed 5.65000000 N N N N N N KAISA GROUP HOLDINGS LTD 254900N8L3L7NRJT0120 000000000 600000.00000000 PA USD 27846.00000000 0.008254874258 Long DBT CORP KY Y 2 2025-11-11 None 0.00000000 Y N N N N N CONTRA RESOLUTE FOREST N/A 761CVR042 124401.00000000 NS USD 191204.34000000 0.056682029172 N/A DE US N 2 N/A N/A Resolute Forest Products, Inc. Resolute Forest Products, Inc. 2099-12-31 XXXX 14554.92000000 N N N CHARTER COMM OPT LLC/CAP N/A 161175BT0 15000.00000000 PA USD 11276.98000000 0.003343031383 Long DBT CORP US N 2 2050-03-01 Fixed 4.80000000 N N N N N N Cemex SAB de CV 549300RIG2CXWN6IV731 151290889 69374.00000000 NS USD 389188.14000000 0.115373811624 Long EC CORP MX N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38377WVM3 187486.89000000 PA USD 16255.43000000 0.004818879934 Long ABS-MBS USGA US N 2 2041-06-20 Floating 1.01600000 N N N N N N Credit Suisse First Boston Mortgage Securities N/A 225470FM0 2259259.91000000 PA USD 522128.75000000 0.154783709612 Long ABS-MBS CORP US N 2 2035-11-25 Fixed 6.00000000 N N N N N N WORKIVA INC 529900RTOQ8GRWHY1O58 98139AAD7 16000.00000000 PA USD 14924.00000000 0.004424180975 Long DBT CORP US N 2 2028-08-15 Fixed 1.25000000 N N N N Y Workiva, Inc. USD XXXX N N N FS KKR CAPITAL CORP 549300TYRSI1T21B1360 302635AM9 120000.00000000 PA USD 127087.03000000 0.037674619424 Long DBT CORP US N 2 2029-01-15 Fixed 7.87500000 N N N N N Lealand Finance Company BV N/A 000000000 19300.83000000 PA USD 14475.62000000 0.004291259890 Long LON CORP NL N 2 2027-06-30 Floating 11.83900000 N N N N N N SEA LTD 529900OM6JLLW44YKI15 81141RAF7 15000.00000000 PA USD 22117.50000000 0.006556675336 Long DBT CORP KY N 2 2025-12-01 Fixed 2.37500000 N N N N Y Sea Ltd USD XXXX N N N GSR Mortgage Loan Trust N/A 36242DY31 26774.25000000 PA USD 25642.62000000 0.007601687989 Long ABS-MBS CORP US N 2 2035-02-25 Fixed 6.50000000 N N N N N N Countrywide Alternative Loan Trust N/A 12667FLZ6 25245.77000000 PA USD 25074.98000000 0.007433412588 Long ABS-MBS CORP US N 2 2034-08-25 Fixed 5.50000000 N N N N N N SERVICE CORP INTL 549300RKVM2ME20JHZ15 817565CH5 157000.00000000 PA USD 154510.44000000 0.045804217977 Long DBT CORP US N 2 2032-10-15 Fixed 5.75000000 N N N N N N Stewart Park CLO Ltd 549300FC1IHOM4H6GL63 860443AE0 500000.00000000 PA USD 495514.50000000 0.146893984437 Long ABS-CBDO CORP KY N 2 2030-01-15 Floating 9.84400000 N N N N N N SPOTIFY USA INC 2138008WM218QBKRII94 84921RAB6 2000.00000000 PA USD 2389.40000000 0.000708331413 Long DBT CORP US N 2 2026-03-15 None 0.00000000 N N N N Y Spotify Technology SA USD XXXX N N N Washington Mutual Mortgage Pass-Through CTFS N/A 93935EAH7 359248.76000000 PA USD 122641.13000000 0.036356643935 Long ABS-MBS CORP US N 2 2036-10-25 Variable 4.10800000 N N N N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 807.00000000 NS USD 153539.82000000 0.045516480203 Long EC CORP US N 1 N N N UNIGEL NETHERLANDS HOLD N/A 000000000 295656.00000000 PA USD 13304.52000000 0.003944090342 Long DBT CORP NL Y 2 2044-12-31 Fixed 15.00000000 N N Y N N N Constant Contact Inc 2549000JW50H0AI5B946 21031HAE1 875000.00000000 PA USD 730625.00000000 0.216591880519 Long LON CORP US N 2 2029-02-12 Floating 12.06400000 N N N N N N Westinghouse Air Brake Technologies Corp 06BTX5UWZD0GQ5N5Y745 929740108 234.00000000 NS USD 42435.90000000 0.012580012157 Long EC CORP US N 1 N N N RYAN SPECIALTY GROUP LLC 549300K52N7QBO3PYY45 78350UAJ4 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US N 2 2031-09-15 Floating 6.57500000 N N N N N N Altice USA Inc 54930064K3612MGCER95 02156K103 18747.00000000 NS USD 49867.02000000 0.014782948349 Long EC CORP US N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38382XJ89 3617856.14000000 PA USD 573821.29000000 0.170107828616 Long ABS-MBS USGA US N 2 2051-09-20 Fixed 3.00000000 N N N N N N Jamestown CLO Ltd N/A 47047RAU0 500000.00000000 PA USD 504884.50000000 0.149671696561 Long ABS-CBDO CORP KY N 2 2035-07-25 Floating 8.05000000 N N N N N N FACTSET RESEARCH SYSTEMS 549300ZSJE7NBK6K9P30 303075AB1 172000.00000000 PA USD 154672.73000000 0.045852328425 Long DBT CORP US N 2 2032-03-01 Fixed 3.45000000 N N N N N N OAKTREE SPECIALTY LEND 549300J6MGCEU5928620 67401PAD0 90000.00000000 PA USD 92742.86000000 0.027493379575 Long DBT CORP US N 2 2029-02-15 Fixed 7.10000000 N N N N N N NUTANIX INC 549300X7J6E8TKVIXW09 67059NAH1 11000.00000000 PA USD 14690.50000000 0.004354960507 Long DBT CORP US N 2 2027-10-01 Fixed 0.25000000 N N N N Y Nutanix, Inc. USD XXXX N N N PHINIA INC 254900HG6MORZE1FFM18 71880KAB7 86000.00000000 PA USD 84388.13000000 0.025016641601 Long DBT CORP US N 2 2032-10-15 Fixed 6.62500000 N N N N N N PTC Inc 54930050SSMU8SKDJ030 69370CAC4 250000.00000000 PA USD 240657.95000000 0.071342423202 Long DBT CORP US N 2 2028-02-15 Fixed 4.00000000 N N N N N N Lealand Finance Company BV N/A 000000000 457460.49000000 PA USD 237879.45000000 0.070518744105 Long LON CORP NL N 2 2024-06-28 Floating 8.57200000 N N N N N N Residential Accredit Loans, Inc. N/A 748940AC7 231989.69000000 PA USD 183027.80000000 0.054258115160 Long ABS-MBS CORP US N 2 2036-06-25 Fixed 6.00000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31396HRK7 213293.52000000 PA USD 16102.72000000 0.004773609452 Long ABS-MBS USGSE US N 2 2036-02-15 Floating 2.23700000 N N N N N N HORNBECK OFFSHORE SRVC INC N/A 000000000 389.00000000 NS USD 11670.00000000 0.003459541140 N/A DE US N 2 N/A N/A Call Purchased Hornbeck Offshore Services, Inc. Hornbeck Offshore Services, Inc. 1.00000000 1.00000000 USD 2030-04-09 XXXX 11670.00000000 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38377JPL1 7752.97000000 PA USD 193.03000000 0.000057223241 Long ABS-MBS USGA US N 2 2039-03-20 Variable 5.29400000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 95001GAQ6 6406000.00000000 PA USD 183826.58000000 0.054494911413 Long ABS-MBS CORP US N 2 2050-12-15 Variable 1.30000000 N N N N N N ZF NA CAPITAL 529900JYGMS9CW9IQX78 98877DAF2 150000.00000000 PA USD 142642.56000000 0.042286015825 Long DBT CORP US N 2 2030-04-23 Fixed 6.75000000 N N N N N N BLACKLINE INC 529900P9N7PK9LV5EK56 09239BAE9 13000.00000000 PA USD 12895.10000000 0.003822718848 Long DBT CORP US N 2 2029-06-01 Fixed 1.00000000 N N N N N BlackLine, Inc. USD XXXX N N N SLM Student Loan Trust 549300BLEHJGFV7XSO25 78443CAN4 250000.00000000 PA USD 250107.00000000 0.074143569493 Long ABS-O CORP US N 2 2033-03-15 Variable 7.92800000 N N N N N N OHA Credit Partners Ltd 549300OYGEU6QQMCEG78 67109FBC8 250000.00000000 PA USD 251013.75000000 0.074412373171 Long ABS-CBDO CORP KY N 2 2037-04-20 Floating 6.49300000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 -6.00000000 NC USD 6746.22000000 0.001999899368 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT Ultra Long-Term U.S. Treasury Bond Futures WNM5 Comdty 2025-06-18 -740246.22000000 USD 6746.22000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396K5F5 703512.60000000 PA USD 60460.65000000 0.017923402403 Long ABS-MBS USGSE US N 2 2036-10-25 Floating 2.12600000 N N N N N N ESC PERSHING SQUARE TO 549300ZDVEYEVCF35B08 715ESC018 6266.00000000 NS USD 0.00000000 0.000000 Long EC CORP US N 1 N N N TEVA PHARM FNC NL II 549300HSQCIKJAOYIT23 000000000 181000.00000000 PA 230720.12000000 0.068396379352 Long DBT CORP NL N 2 2031-09-15 Fixed 7.87500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38381AQZ2 6230770.91000000 PA USD 659937.71000000 0.195636817292 Long ABS-MBS USGA US N 2 2048-10-20 Floating 1.76600000 N N N N N N Banc of America Alternative Loan Trust N/A 05948XTV3 22518.23000000 PA USD 22457.82000000 0.006657562314 Long ABS-MBS CORP US N 2 2033-10-25 Fixed 5.50000000 N N N N N N CITADEL LP 549300IPM6EKPVUPFL67 17288XAC8 25000.00000000 PA USD 25628.90000000 0.007597620731 Long DBT CORP US N 2 2032-01-23 Fixed 6.37500000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797NB9 600000.00000000 PA USD 599369.25000000 0.177681454895 Long STIV UST US N 2 2025-04-10 None 0.00000000 N N N N N N UBER TECHNOLOGIES INC 549300B2FTG34FILDR98 90353TAM2 21000.00000000 PA USD 25662.00000000 0.007607433139 Long DBT CORP US N 2 2028-12-01 Fixed 0.87500000 N N N N Y Uber Technologies, Inc. USD XXXX N N N Koninklijke KPN NV 549300YO0JZHAL7FVP81 780641AH9 100000.00000000 PA USD 115890.90000000 0.034355555813 Long DBT CORP NL N 2 2030-10-01 Fixed 8.37500000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397PTU4 838205.20000000 PA USD 79119.19000000 0.023454678045 Long ABS-MBS USGSE US N 2 2038-01-15 Floating 1.53700000 N N N N N N Galaxy CLO Ltd N/A 36321LAL3 250000.00000000 PA USD 249875.00000000 0.074074793696 Long ABS-CBDO CORP KY N 2 2031-11-22 Floating 5.92900000 N N N N N N ENCOMPASS HEALTH CORP 549300FVRPM9DRQZRG64 29261AAB6 340000.00000000 PA USD 327305.03000000 0.097028724655 Long DBT CORP US N 2 2030-02-01 Fixed 4.75000000 N N N N N GO DADDY OPCO/FINCO N/A 38016LAC9 678000.00000000 PA USD 627634.77000000 0.186060694766 Long DBT CORP US N 2 2029-03-01 Fixed 3.50000000 N N N N N N TICP CLO Ltd N/A 87248TAQ8 280000.00000000 PA USD 280249.20000000 0.083079146267 Long ABS-CBDO CORP KY N 2 2033-04-15 Floating 6.71400000 N N N N N N Countrywide Alternative Loan Trust N/A 12667FKK0 201397.08000000 PA USD 148918.66000000 0.044146549343 Long ABS-MBS CORP US N 2 2034-07-25 None 0.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38379GB22 876335.64000000 PA USD 96649.74000000 0.028651563987 Long ABS-MBS USGA US N 2 2044-10-20 Floating 1.81600000 N N N N N N ECHOSTAR CORP 549300EE20907QZ9GT38 278768AA4 510321.00000000 PA USD 463918.29000000 0.137527370180 Long DBT CORP US N 2 2030-11-30 Fixed 6.75000000 N N N N N N DSLA Mortgage Loan Trust N/A 23332UFF6 84181.29000000 PA USD 43953.95000000 0.013030034130 Long ABS-MBS CORP US N 2 2045-09-19 Floating 5.09100000 N N N N N N MariaDB PLC N/A 000000000 4247.00000000 NS USD 0.00000000 0.000000 N/A DE IE N 1 N/A N/A Call Purchased MariaDB PLC MariaDB PLC 1.00000000 11.50000000 USD 2027-12-16 XXXX -2517.56000000 N N N Vericrest Opportunity Loan Transferee N/A 92873AAB4 722756.61000000 PA USD 724539.94000000 0.214787980312 Long ABS-O CORP US N 2 2051-02-27 Variable 8.94900000 N Y N N N N STICHTING ADMINISTRATIEKANTOOR N/A 860570118 800.00000000 NS USD 0.00000000 0.000000 Long EC CORP NL N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38381RDX4 5156758.97000000 PA USD 494556.39000000 0.146609955220 Long ABS-MBS USGA US N 2 2045-02-20 Floating 1.16600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38376JKP8 104121.55000000 PA USD 9779.97000000 0.002899246663 Long ABS-MBS USGA US N 2 2039-11-16 Floating 1.91600000 N N N N N N 2025-05-22 LITMAN GREGORY FUNDS TRUST John Coughlan John Coughlan COO XXXX