BlackRock Core Bond Trust


Security		Par (000)		Value

Asset-Backed Securities
522 Funding CLO Ltd.^(a)(b)
Series 2019-4A, Class CR, (3 mo. LIBOR US + 2.40%), 5.11%, 04/20/30	USD		500	$	470,788
Series 2019-4A, Class DR, (3 mo. LIBOR US + 3.65%), 6.36%, 04/20/30			600		547,191
AGL CLO 3 Ltd., Series 2020-3A, Class D, (3 mo. LIBOR US + 3.30%), 5.81%, 01/15/33^(a)(b)			250		227,061
ALM Ltd., Series 2020-1A, Class D, (3 mo. LIBOR US + 6.00%), 8.51%, 10/15/29^(a)(b)			285		236,756
AMMC CLO 20 Ltd., Series 2017-20A, Class AR, (3 mo. LIBOR US + 0.87%), 3.61%, 04/17/29^(a)(b)			432		426,410
Anchorage Capital CLO Ltd.^(a)(b)
Series 2013-1A, Class A2R, (3 mo. LIBOR US + 1.65%), 4.11%, 10/13/30			380		365,408
Series 2013-1A, Class CR, (3 mo. LIBOR US + 3.20%), 5.66%, 10/13/30			720		663,721
Apidos CLO XXII, Series 2015-22A, Class CR, (3 mo. LIBOR US + 2.95%), 5.66%, 04/20/31^(a)(b)			250		224,399
ASSURANT CLO I Ltd., Series 2017-1A, Class CR, (3 mo. LIBOR US + 2.15%), 4.86%, 10/20/34^(a)(b)			500		446,307
Bain Capital Credit CLO 2021-5 Ltd., Class B, (3 mo. LIBOR US + 1.65%), 4.43%, 10/23/34^(a)(b)			500		468,465
Bain Capital Credit CLO Ltd., Series 2021-3A, Class D, (3 mo. LIBOR US + 3.10%), 5.88%, 07/24/34^(a)(b)			250		220,013
Ballyrock CLO Ltd., Series 2016-1A, Class DR2, (3 mo. LIBOR US + 3.15%), 5.66%, 10/15/28^(a)(b)			250		241,450
Birch Grove CLO 3 Ltd., Series 2021-3A, Class D1, (3 mo. LIBOR US + 3.20%), 5.94%, 01/19/35^(a)(b)			250		220,515
Birch Grove CLO Ltd., Series 19A, Class DR, (3 mo. LIBOR US + 3.35%), 6.64%, 06/15/31^(a)(b)			1,000		955,765
Buttermilk Park CLO Ltd., Series 2018-1A, Class D, (3 mo. LIBOR US + 3.10%), 5.61%, 10/15/31^(a)(b)			250		214,375
Canyon Capital CLO Ltd.^(a)(b)
Series 2016-1A, Class CR, (3 mo. LIBOR US + 1.90%), 4.41%, 07/15/31			250		230,713
Series 2021-2A, Class D, (3 mo. LIBOR US + 3.35%), 5.86%, 04/15/34			500		429,076
Carlyle Global Market Strategies CLO Ltd., Series 2013- 1A, Class CR, (3 mo. LIBOR US + 3.35%), 6.26%, 08/14/30^(a)(b)			1,000		891,213
CarVal CLO I Ltd., Series 2018-1A, Class E, (3 mo. LIBOR US + 5.77%), 8.51%, 07/16/31^(a)(b)			500		407,401
CarVal CLO II Ltd., Series 2019-1A, Class DR, (3 mo. LIBOR US + 3.20%), 5.91%, 04/20/32^(a)(b)			500		443,061
CarVal CLO III Ltd., Series 2019-2A, Class E, (3 mo. LIBOR US + 6.44%), 9.15%, 07/20/32^(a)(b)			500		432,011
CarVal CLO VC Ltd., Series 2021-2A, Class D, (3 mo. LIBOR US + 3.25%), 5.76%, 10/15/34^(a)(b)			250		226,023
CBAM Ltd., Series 2017-1A, Class C, (3 mo. LIBOR US + 2.40%), 5.11%, 07/20/30^(a)(b)			350		327,296
Cedar Funding IX CLO Ltd., Series 2018-9A, Class D, (3 mo. LIBOR US + 2.60%), 5.31%, 04/20/31^(a)(b)			250		222,099
Cedar Funding X CLO Ltd., Series 2019-10A, Class BR, (3 mo. LIBOR US + 1.60%), 4.31%, 10/20/32^(a)(b)			930		871,214
Cedar Funding XIV CLO Ltd., Series 2021-14A, Class B, (3 mo. LIBOR US + 1.60%), 4.11%, 07/15/33^(a)(b)			500		468,560
CIFC Funding Ltd.^(a)(b)
Series 2013-1A, Class CR, (3 mo. LIBOR US + 3.55%), 6.29%, 07/16/30			500		452,373


Security		Par (000)		Value

Asset-Backed Securities (continued)
CIFC Funding Ltd.^(a)(b)(continued)
Series 2014-2RA, Class B1, (3 mo. LIBOR US + 2.80%), 5.58%, 04/24/30	USD		750	$	686,576
Series 2014-3A, Class BR2, (3 mo. LIBOR US + 1.80%), 4.56%, 10/22/31			250		236,337
Series 2015-1A, Class ARR, (3 mo. LIBOR US + 1.11%), 3.87%, 01/22/31			1,000		981,264
Series 2020-1A, Class DR, (3 mo. LIBOR US + 3.10%), 5.61%, 07/15/36			500		443,328
Credit Acceptance Auto Loan Trust, Series 2020-1A, Class A, 2.01%, 02/15/29^(b)			322		321,713
CWHEQ Revolving Home Equity Loan Trust, Series 2006-I, Class 1A, (1 mo. LIBOR US + 0.14%), 2.96%, 01/15/37^(a)			1,232		1,124,850
Dewolf Park CLO Ltd., Series 2017-1A, Class DR, (3 mo. LIBOR US + 2.85%), 5.36%, 10/15/30^(a)(b)			280		255,670
Dryden 50 Senior Loan Fund, Series 2017-50A, Class B, (3 mo. LIBOR US + 1.65%), 4.16%, 07/15/30^(a)(b)			250		237,219
Dryden 53 CLO Ltd., Series 2017-53A, Class B, (3 mo. LIBOR US + 1.40%), 3.91%, 01/15/31^(a)(b)			1,320		1,249,269
Dryden 64 CLO Ltd., Series 2018-64A, Class D, (3 mo. LIBOR US + 2.65%), 5.39%, 04/18/31^(a)(b)			1,250		1,103,197
Dryden 78 CLO Ltd., Series 2020-78A, Class D, (3 mo. LIBOR US + 3.00%), 5.74%, 04/17/33^(a)(b)			250		218,829
Dryden XXVIII Senior Loan Fund, Series 2013-28A, Class B1LR, (3 mo. LIBOR US + 3.15%), 6.06%, 08/15/30^(a)(b)			1,000		915,269
Eaton Vance CLO Ltd., Series 2015-1A, Class A2R, (3 mo. LIBOR US + 1.25%), 3.96%, 01/20/30^(a)(b)			1,000		962,412
EDvestinU Private Education Loan Issue No. 3 LLC, Series 2021-A, Class B, 3.50%, 11/25/50^(b)			110		87,247
Elevation CLO Ltd., Series 2021-12A, Class E, (3 mo. LIBOR US + 7.27%), 9.98%, 04/20/32^(a)(b)			500		420,854
Elmwood CLO IV Ltd., Series 2020-1A, Class B, (3 mo. LIBOR US + 1.70%), 4.21%, 04/15/33^(a)(b)			250		238,370
Elmwood CLO V Ltd., Series 2020-2A, Class CR, (3 mo. LIBOR US + 2.00%), 4.71%, 10/20/34^(a)(b)			436		391,544
Elmwood CLO VI Ltd., Series 2020-3A, Class BR, (3 mo. LIBOR US + 1.65%), 4.36%, 10/20/34^(a)(b)			250		240,815
Fairstone Financial Issuance Trust I, Series 2020-1A, Class C, 5.16%, 10/20/39^(b)	CAD		170		111,561
Galaxy XX CLO Ltd., Series 2015-20A, Class CR, (3 mo. LIBOR US + 1.75%), 4.46%, 04/20/31^(a)(b)	USD		250		230,952
Galaxy XXVII CLO Ltd., Series 2018-27A, Class A, (3 mo. LIBOR US + 1.02%), 3.94%, 05/16/31^(a)(b)			2,000		1,947,296
Generate CLO 3 Ltd., Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 6.31%, 10/20/29^(a)(b)			1,750		1,583,239
Generate CLO 4 Ltd., Series 2016-2A, Class DR, (3 mo. LIBOR US + 3.15%), 5.86%, 04/20/32^(a)(b)			1,500		1,383,047
Generate CLO 6 Ltd., Series 6A, Class DR, (3 mo. LIBOR US + 3.50%), 6.26%, 01/22/35^(a)(b)			750		659,037
GoldenTree Loan Management U.S. CLO 3 Ltd., Series 2018-3A, Class B1, (3 mo. LIBOR US + 1.55%), 4.26%, 04/20/30^(a)(b)			250		239,646
GoldenTree Loan Management US CLO 4, Ltd., Class BR, (3 mo. LIBOR US + 1.60%), 4.38%, 04/24/31^(a)(b)			500		473,652
GoldenTree Loan Opportunities IX Ltd., Series 2014- 9A, Class BR2, (3 mo. LIBOR US + 1.60%), 4.41%, 10/29/29^(a)(b)			1,500		1,455,242


Security		Par (000)		Value

Asset-Backed Securities (continued)
GoldenTree Loan Opportunities X Ltd., Series 2015-10A, Class DR, (3 mo. LIBOR US + 3.05%), 5.76%, 07/20/31^(a)(b)	USD		250	$	224,603
Golub Capital Partners CLO 55B Ltd., Series 2021- 55A, Class E, (3 mo. LIBOR US + 6.56%), 9.27%, 07/20/34^(a)(b)			250		222,967
Grippen Park CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 3.30%), 6.01%, 01/20/30^(a)(b)			250		231,714
Gulf Stream Meridian 1 Ltd., Series 2020-IA, Class E, (3 mo. LIBOR US + 6.45%), 8.96%, 04/15/33^(a)(b)			500		447,653
Highbridge Loan Management, Series 3A-2014, Class CR, (3 mo. LIBOR US + 3.60%), 6.34%, 07/18/29^(a)(b)			1,000		901,578
Lending Funding Trust, Series 2020-2A, Class C, 4.30%, 04/21/31^(b)			240		209,741
Litigation Fee Residual, 4.00%, 10/30/27^(c)			1,034		984,761
Long Beach Mortgage Loan Trust, Series 2006-8, Class 2A4, (1 mo. LIBOR US + 0.48%), 3.56%, 09/25/36^(a)			6,234		1,918,569
Madison Park Funding LXII Ltd., Series 2022-62A, Class A1, (3 mo. SOFR + 2.25%), 4.76%, 07/17/33^(a)(b)			760		744,054
Madison Park Funding XXIII Ltd., Series 2017-23A, Class CR, (3 mo. LIBOR US + 2.00%), 4.77%, 07/27/31^(a)(b)			600		561,267
Madison Park Funding XXV Ltd., Series 2017-25A, Class A2R, (3 mo. LIBOR US + 1.65%), 4.43%, 04/25/29^(a)(b)			250		241,460
Madison Park Funding XXXIV Ltd., Series 2019-34A, Class DR, (3 mo. LIBOR US + 3.35%), 6.13%, 04/25/32^(a)(b)			250		229,415
Madison Park Funding XXXVIII Ltd., Series 2021-38A, Class C, (3 mo. LIBOR US + 1.90%), 4.64%, 07/17/34^(a)(b)			250		225,541
Marble Point CLO XVII Ltd., Series 2020-1A, Class D, (3 mo. LIBOR US + 3.75%), 6.46%, 04/20/33^(a)(b)			250		223,213
Marble Point CLO XXIII Ltd., Series 2021-4A, Class D1, (3 mo. LIBOR US + 3.65%), 6.41%, 01/22/35^(a)(b)			250		225,916
Mariner Finance Issuance Trust^(b)
Series 2021-AA, Class C, 2.96%, 03/20/36			190		154,565
Series 2021-AA, Class D, 3.83%, 03/20/36			180		148,553
Navient Private Education Refi Loan Trust^(b)
Series 2021-DA, Class C, 3.48%, 04/15/60			770		645,990
Series 2021-DA, Class D, 4.00%, 04/15/60			440		371,620
Nelnet Student Loan Trust^(b)
Series 2021-A, Class D, 4.93%, 04/20/62			460		382,519
Series 2021-BA, Class B, 2.68%, 04/20/62			1,983		1,576,879
Neuberger Berman CLO XXII Ltd., Series 2016-22A, Class BR, (3 mo. LIBOR US + 1.65%), 4.39%, 10/17/30^(a)(b)			250		237,118
Neuberger Berman Loan Advisers CLO 37 Ltd., Series 2020-37A, Class CR, (3 mo. LIBOR US + 1.80%), 4.51%, 07/20/31^(a)(b)			1,162		1,072,130
OCP CLO Ltd.^(a)(b)
Series 2015-9A, Class BR2, (3 mo. SOFR + 1.75%), 2.60%, 01/15/33			250		237,163
Series 2017-13A, Class A1AR, (3 mo. LIBOR US + 0.96%), 3.47%, 07/15/30			1,000		978,193
Series 2017-14A, Class A2, (3 mo. LIBOR US + 1.50%), 4.48%, 11/20/30			1,320		1,262,282


Security		Par (000)		Value

Asset-Backed Securities (continued)
Octagon 54 Ltd., Series 2021-1A, Class D, (3 mo. LIBOR US + 3.05%), 5.56%, 07/15/34^(a)(b)	USD		250	$	219,931
Octagon Investment Partners XVII Ltd., Series 2013-1A, Class BR2, (3 mo. LIBOR US + 1.40%), 4.18%, 01/25/31^(a)(b)			500		471,308
Octagon Investment Partners XXII Ltd., Series 2014-1A, Class DRR, (3 mo. LIBOR US + 2.75%), 5.51%, 01/22/30^(a)(b)			500		436,937
OneMain Financial Issuance Trust, Series 2020-1A, Class A, 3.84%, 05/14/32^(b)			1,287		1,279,317
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3 mo. LIBOR US + 3.15%), 5.89%, 10/17/29^(a)(b)			875		794,888
OZLM XXI Ltd., Series 2017-21A, Class C, (3 mo. LIBOR US + 2.67%), 5.38%, 01/20/31^(a)(b)			1,000		902,554
Palmer Square CLO Ltd.^(a)(b)
Class A2R, (3 mo. LIBOR US + 1.60%), 4.51%, 11/15/31			250		236,197
Series 2013-2A, Class A2R3, (3 mo. LIBOR US + 1.50%), 4.24%, 10/17/31			250		235,728
Series 2015-2A, Class CR2, (3 mo. LIBOR US + 2.75%), 5.46%, 07/20/30			250		224,575
Palmer Square Loan Funding Ltd., Series 2020-1A, Class C, (3 mo. LIBOR US + 2.50%), 5.48%, 02/20/28^(a)(b)			250		250,000
Park Avenue Institutional Advisers CLO Ltd., Series 2017-1A, Class DR, (3 mo. LIBOR US + 6.81%), 9.72%, 02/14/34^(a)(b)			1,300		1,085,806
PPM CLO 2 Ltd., Series 2019-2A, Class DR, (3 mo. LIBOR US + 3.40%), 6.14%, 04/16/32^(a)(b)			250		218,845
Prodigy Finance DAC, Series 2021-1A, Class C, (1 mo. LIBOR US + 3.75%), 6.83%, 07/25/51^(a)(b)			250		246,701
Rad CLO 3 Ltd., Series 2019-3A, Class DR, (3 mo. LIBOR US + 2.75%), 5.26%, 04/15/32^(a)(b)			400		355,136
Regatta XI Funding Ltd., Series 2018-1A, Class D, (3 mo. LIBOR US + 2.85%), 5.59%, 07/17/31^(a)(b)			370		330,113
Republic Finance Issuance Trust, Series 2020-A, Class C, 4.05%, 11/20/30^(b)			240		217,633
Romark CLO Ltd., Series 2017-1A, Class B, (3 mo. LIBOR US + 2.15%), 4.93%, 10/23/30^(a)(b)			500		469,828
Shackleton CLO Ltd., Series 2015-7RA, Class C, (3 mo. LIBOR US + 2.35%), 4.86%, 07/15/31^(a)(b)			250		231,108
SMB Private Education Loan Trust^(b)
Series 2021-C, Class C, 3.00%, 01/15/53			190		168,747
Series 2021-C, Class D, 3.93%, 01/15/53			160		141,879
Sterling COOFS Trust^(c)
Series 2004-1, Class A, 2.36%, 04/15/29			830		8,296
Series 2004-2, Class Note, 2.08%, 03/30/30^(b)			754		7,538
Structured Asset Securities Corp. Pass-Through Certificates, Series 2002-AL1, Class A2, 3.45%, 02/25/32			85		74,634
TCW CLO Ltd., Series 2020-1A, Class DRR, (3 mo. LIBOR US + 3.40%), 6.11%, 04/20/34^(a)(b)			250		213,718
TICP CLO I-2 Ltd., Series 2018-IA, Class C, (3 mo. LIBOR US + 3.04%), 5.81%, 04/26/28^(a)(b)			500		478,091
TICP CLO IX Ltd., Series 2017-9A, Class D, (3 mo. LIBOR US + 2.90%), 5.61%, 01/20/31^(a)(b)			500		455,205
TICP CLO XV Ltd., Series 2020-15A, Class D, (3 mo. LIBOR US + 3.15%), 5.86%, 04/20/33^(a)(b)			250		228,706
Trestles CLO Ltd.^(a)(b)
Series 2017-1A, Class B1R, (3 mo. LIBOR US + 1.75%), 4.53%, 04/25/32			1,750		1,576,031


Security		Par (000)		Value

Asset-Backed Securities (continued)
Trestles CLO Ltd.^(a)(b)(continued)
Series 2017-1A, Class CR, (3 mo. LIBOR US + 2.90%), 5.68%, 04/25/32	USD		250	$	218,574
Trimaran Cavu Ltd., Series 2021-2A, Class D1, (3 mo. LIBOR US + 3.25%), 6.03%, 10/25/34^(a)(b)			500		462,218
Trimaran CAVU Ltd., Series 2019-2A, Class C, (3 mo. LIBOR US + 4.72%), 7.46%, 11/26/32^(a)(b)			500		464,416
Unique Pub Finance Co. PLC^(d)
Series A4, 5.66%, 06/30/27	GBP		610		677,311
Series M, 7.40%, 03/28/24			1,582		1,752,493
Series N, 6.46%, 03/30/32			100		125,474
Voya CLO Ltd.^(a)(b)
Class AR, (3 mo. LIBOR US + 1.65%), 4.16%, 06/07/30	USD		250		240,000
Series 2017-4A, Class A1, (3 mo. LIBOR US + 1.13%), 3.64%, 10/15/30			250		245,782
Series 2018-2A, Class A2, (3 mo. LIBOR US + 1.25%), 3.76%, 07/15/31			1,000		957,376
Whetstone Park CLO Ltd., Classs 1A, (3 mo. LIBOR US + 1.60%), 4.31%, 01/20/35^(a)(b)			725		681,105
Whitebox CLO I Ltd., Series 2019-1A, Class CR, (3 mo. LIBOR US + 3.05%), 5.83%, 07/24/32^(a)(b)			500		453,451
Whitebox CLO II Ltd., Series 2020-2A, Class DR, (3 mo. LIBOR US + 3.35%), 6.13%, 10/24/34^(a)(b)			500		450,717
Whitebox CLO III Ltd.^(a)(b)
Series 2021-3A, Class D, (3 mo. LIBOR US + 3.35%), 5.86%, 10/15/34			250		231,243
Series 2021-3A, Class E, (3 mo. LIBOR US + 6.85%), 9.36%, 10/15/34			250		220,739
York CLO 1 Ltd., Series 2014-1A, Class CRR, (3 mo. LIBOR US + 2.10%), 4.86%, 10/22/29^(a)(b)			250		238,119


Total Asset-Backed Securities — 10.8% (Cost: $69,513,378)					63,166,031


Corporate Bonds

Advertising Agencies — 0.1%
Interpublic Group of Cos., Inc., 5.40%, 10/01/48			500		436,725


Aerospace & Defense — 2.3%
Amsted Industries, Inc., 5.63%, 07/01/27^(b)			30		27,600
Boeing Co., 3.20%, 03/01/29			1,175		981,066
Bombardier, Inc.^(b)
7.50%, 03/15/25			35		34,034
7.13%, 06/15/26			846		775,926
7.88%, 04/15/27			395		363,400
6.00%, 02/15/28			415		347,220
7.45%, 05/01/34			100		93,272
Eaton Corp., 4.15%, 11/02/42			500		410,930
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%, 08/15/26^(b)			200		155,042
General Electric Co., 6.15%, 08/07/37			2,150		2,126,746
Lockheed Martin Corp., 4.09%, 09/15/52			1,410		1,171,273
Northrop Grumman Corp., 3.85%, 04/15/45			350		266,553
Raytheon Technologies Corp., 2.25%, 07/01/30^(e)			2,000		1,616,305
Rolls-Royce PLC, 5.75%, 10/15/27^(b)			1,000		868,750
Spirit AeroSystems, Inc.^(b)
5.50%, 01/15/25			105		99,225
7.50%, 04/15/25			22		20,729
TransDigm, Inc.
8.00%, 12/15/25^(b)			130		131,847


Security		Par (000)		Value

Aerospace & Defense (continued)
TransDigm, Inc. (continued)
6.25%, 03/15/26^(b)	USD		3,160	$	3,065,200
6.38%, 06/15/26			31		29,288
7.50%, 03/15/27			71		67,592
4.63%, 01/15/29			393		316,377
4.88%, 05/01/29			203		164,086
Triumph Group, Inc., 8.88%, 06/01/24^(b)			527		520,618


					13,653,079

Airlines — 1.5%
Air Canada, 3.88%, 08/15/26^(b)			324		278,235
Allegiant Travel Co., 7.25%, 08/15/27^(b)			80		75,400
American Airlines Pass-Through Trust
Series 2013-2, Class A, 4.95%, 07/15/24			759		749,634
Series 2015-2, Class A, 4.00%, 03/22/29			1,038		841,984
Series 2015-2, Class AA, 3.60%, 03/22/29			1,038		930,395
American Airlines, Inc., 11.75%, 07/15/25^(b)			303		316,435
American Airlines, Inc./AAdvantage Loyalty IP Ltd.^(b)
5.50%, 04/20/26			675		633,855
5.75%, 04/20/29			737		643,320
Avianca Midco 2 Ltd., 9.00%, 12/01/28^(b)			150		113,816
Delta Air Lines, Inc./SkyMiles IP Ltd., 4.75%, 10/20/28^(b)			6		5,272
Deutsche Lufthansa AG, 2.88%, 05/16/27^(d)	EUR		100		76,405
Gol Finance SA, 7.00%, 01/31/25^(b)	USD		200		92,725
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26^(b)			168		148,174
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27^(b)			442		432,841
United Airlines Pass-Through Trust
Series 2020-1, Class A, 5.88%, 04/15/29			393		378,997
Series 2020-1, Class B, 4.88%, 07/15/27			28		26,021
Series A, Class A, 4.30%, 02/15/27			2,413		2,259,172
United Airlines, Inc.^(b)
4.38%, 04/15/26			390		348,075
4.63%, 04/15/29			606		501,429


					8,852,185

Auto Components — 0.6%
Aptiv PLC, 4.40%, 10/01/46			465		340,427
Clarios Global LP, 6.75%, 05/15/25^(b)			154		150,802
Clarios Global LP/Clarios U.S. Finance Co.^(b)
6.25%, 05/15/26			743		709,565
8.50%, 05/15/27			1,815		1,732,399
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28^(b)			211		185,685
Dornoch Debt Merger Sub, Inc., 6.63%, 10/15/29^(b)			75		54,079
Goodyear Tire & Rubber Co.
5.00%, 07/15/29			109		88,982
5.63%, 04/30/33			81		64,901
ZF Finance GmbH, 3.75%, 09/21/28^(d)	EUR		100		76,224


					3,403,064

Automobiles — 1.4%
Allison Transmission, Inc., 5.88%, 06/01/29^(b)	USD		94		85,070
Asbury Automotive Group, Inc.
4.50%, 03/01/28			18		15,210
4.75%, 03/01/30			84		65,603
5.00%, 02/15/32^(b)			106		81,626
Carvana Co.^(b)
5.50%, 04/15/27^(e)			173		94,285
4.88%, 09/01/29			151		73,612


Security		Par (000)		Value

Automobiles (continued)
Constellation Automotive Financing PLC, 4.88%, 07/15/27^(d)	GBP		100	$	75,646
Ford Motor Co.
0.00%, 03/15/26^(f)(g)	USD		216		197,532
4.35%, 12/08/26			7		6,424
3.25%, 02/12/32			420		302,539
6.10%, 08/19/32			126		111,082
4.75%, 01/15/43			2,000		1,325,180
5.29%, 12/08/46			19		13,395
Ford Motor Credit Co. LLC
4.69%, 06/09/25			200		185,599
4.13%, 08/04/25			279		253,206
4.39%, 01/08/26			200		181,021
2.70%, 08/10/26			200		165,878
4.95%, 05/28/27			401		358,005
4.13%, 08/17/27			200		172,100
2.90%, 02/16/28			200		157,194
5.11%, 05/03/29			200		173,540
3.63%, 06/17/31			300		222,885
General Motors Co., 6.25%, 10/02/43^(e)			2,506		2,176,784
General Motors Financial Co., Inc., 4.25%, 05/15/23			807		803,788
Group 1 Automotive, Inc., 4.00%, 08/15/28^(b)			30		24,156
Ken Garff Automotive LLC, 4.88%, 09/15/28^(b)			82		67,018
LCM Investments Holdings II LLC, 4.88%, 05/01/29^(b)			182		140,935
Lithia Motors, Inc., 3.88%, 06/01/29^(b)			89		71,422
MajorDrive Holdings IV LLC, 6.38%, 06/01/29^(b)			120		82,734
Penske Automotive Group, Inc.
3.50%, 09/01/25			29		26,547
3.75%, 06/15/29			46		36,561
RCI Banque SA, (5 year EUR Swap + 2.85%), 2.63%, 02/18/30^(a)(d)	EUR		100		83,047
Sonic Automotive, Inc., 4.63%, 11/15/29^(b)	USD		40		31,400
Wabash National Corp., 4.50%, 10/15/28^(b)			149		115,506


					7,976,530

Banks — 1.6%
Banca Monte dei Paschi di Siena SpA, 2.63%, 04/28/25^(d)	EUR		100		83,760
Banco Bilbao Vizcaya Argentaria SA, (5 year USD Swap + 3.87%), 6.13%^(a)(h)	USD		2,000		1,494,500
Bangkok Bank PCL, (5 year CMT + 4.73%), 5.00%			200		176,475
Bank Negara Indonesia Persero Tbk PT, 3.75%, 03/30/26^(d)			252		222,418
Bank of Communications Co. Ltd., (5 year CMT + 3.35%), 3.80%^(a)(d)(h)			518		494,690
Grupo Aval Ltd., 4.38%, 02/04/30^(b)			200		143,875
Intesa Sanpaolo SpA, 5.02%, 06/26/24^(b)			3,151		2,938,035
Krung Thai Bank PCL, (5 year CMT + 3.53%), 4.40%^(a)(d)(h)			252		202,860
NBK Tier 1 Ltd., 3.63%^(a)(b)(h)			209		177,951
Standard Chartered PLC, (5 year USD ICE Swap + 1.97%), 4.87%, 03/15/33^(a)(b)			500		437,846
SVB Financial Group, Series D, (5 year CMT + 3.07%), 4.25%^(a)(h)			1,275		938,556
Wells Fargo & Co.
3.90%, 05/01/45			2,250		1,668,289
Series BB, (5 year CMT + 3.45%), 3.90%^(a)(h)			245		207,178


					9,186,433


Security		Par (000)		Value

Beverages — 1.3%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46^(e)	USD		4,600	$	3,997,768
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27^(b)(i)			501		343,035
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, 4.00%, 09/01/29^(b)			1,466		1,073,629
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 5.25%, 08/15/27^(b)			242		151,427
Ball Corp.
5.25%, 07/01/25			12		11,727
2.88%, 08/15/30			25		19,186
3.13%, 09/15/31			254		191,453
Crown Cork & Seal Co., Inc., 7.38%, 12/15/26			23		23,000
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/24^(b)			431		409,450
Silgan Holdings, Inc., 4.13%, 02/01/28			25		22,175
Trivium Packaging Finance BV^(b)
5.50%, 08/15/26			505		451,656
8.50%, 08/15/27			738		651,516


					7,346,022

Biotechnology — 0.2%
Baxalta, Inc., 5.25%, 06/23/45			500		459,450
Cidron Aida Finco SARL, 5.00%, 04/01/28^(d)	EUR		100		80,246
Gilead Sciences, Inc., 4.80%, 04/01/44	USD		1,000		869,558


					1,409,254

Building Materials^(b)— 0.2%
Jeld-Wen, Inc., 6.25%, 05/15/25			98		92,120
Masonite International Corp.
Class C, 5.38%, 02/01/28			17		15,037
Class C, 3.50%, 02/15/30			145		110,853
New Enterprise Stone & Lime Co., Inc.
5.25%, 07/15/28			55		45,459
9.75%, 07/15/28			26		21,931
SRM Escrow Issuer LLC, 6.00%, 11/01/28			509		413,685
Standard Industries, Inc.
4.75%, 01/15/28			62		52,383
4.38%, 07/15/30			513		392,445
3.38%, 01/15/31			64		45,011
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29			117		102,960


					1,291,884

Building Products — 0.8%
Advanced Drainage Systems, Inc.^(b)
5.00%, 09/30/27			202		185,767
6.38%, 06/15/30			290		280,967
Beacon Roofing Supply, Inc., 4.13%, 05/15/29^(b)			86		69,652
Camelot Return Merger Sub, Inc., 8.75%, 08/01/28^(b)			146		120,334
Foundation Building Materials, Inc., 6.00%, 03/01/29^(b)			63		45,979
GYP Holdings III Corp., 4.63%, 05/01/29^(b)			159		120,943
Home Depot, Inc., 5.88%, 12/16/36			1,660		1,722,536
LBM Acquisition LLC, 6.25%, 01/15/29^(b)			82		55,555
Lowe’s Cos., Inc., 4.38%, 09/15/45			1,000		792,907
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26^(b)			56		46,338
SRS Distribution, Inc.^(b)
4.63%, 07/01/28			362		310,954
6.13%, 07/01/29			336		269,842


Security		Par (000)		Value

Building Products (continued)
SRS Distribution, Inc.^(b)(continued) 6.00%, 12/01/29	USD		543	$	433,053
White Cap Buyer LLC, 6.88%, 10/15/28^(b)			423		345,151
White Cap Parent LLC, (8.25% PIK), 8.25%, 03/15/26^(b)(i)			142		120,303


					4,920,281

Capital Markets — 1.5%
Charles Schwab Corp., Series H, (10 year CMT + 3.08%), 4.00%^(a)(e)(h)			5,195		3,816,159
Compass Group Diversified Holdings LLC, 5.25%, 04/15/29^(b)			129		101,230
FMR LLC, 4.95%, 02/01/33^(b)			2,300		2,147,200
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
4.75%, 09/15/24			112		104,783
6.25%, 05/15/26			101		94,389
5.25%, 05/15/27			356		311,682
4.38%, 02/01/29			207		166,610
NFP Corp.^(b)
4.88%, 08/15/28			658		561,481
6.88%, 08/15/28			1,270		990,600
Raymond James Financial, Inc., 4.95%, 07/15/46			400		352,471
SURAAsset Management SA, 4.88%, 04/17/24^(d)			178		172,972


					8,819,577

Chemicals — 1.1%
Air Liquide Finance SA, 3.50%, 09/27/46^(b)			360		273,678
Alpek SAB de CV, 3.25%, 02/25/31^(b)			200		147,350
Ashland LLC, 3.38%, 09/01/31^(b)			186		143,762
Avient Corp., 7.13%, 08/01/30^(b)			116		107,060
Axalta Coating Systems LLC, 3.38%, 02/15/29^(b)			498		390,407
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27^(b)			242		215,582
Braskem Idesa SAPI, 6.99%, 02/20/32^(b)			200		132,500
Celanese U.S. Holdings LLC, 6.17%, 07/15/27			190		179,817
Diamond BC BV, 4.63%, 10/01/29^(b)			419		291,549
Element Solutions, Inc., 3.88%, 09/01/28^(b)			1,204		969,461
EverArc Escrow SARL, 5.00%, 10/30/29^(b)			372		300,295
GCP Applied Technologies, Inc., 5.50%, 04/15/26^(b)			101		102,389
HB Fuller Co., 4.25%, 10/15/28			74		62,264
Herens Holdco SARL, 4.75%, 05/15/28^(b)			400		320,000
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28^(b)			230		190,900
Ingevity Corp., 3.88%, 11/01/28^(b)			57		47,127
Kobe U.S. Midco 2, Inc., (9.25% Cash or 10.00% PIK), 9.25%, 11/01/26^(b)(i)			176		139,040
LSF11 A5 HoldCo LLC, 6.63%, 10/15/29^(b)			76		57,000
Lune Holdings SARL, 5.63%, 11/15/28^(d)	EUR		100		73,533
Minerals Technologies, Inc., 5.00%, 07/01/28^(b)	USD		114		99,217
Monitchem HoldCo 3 SA, 5.25%, 03/15/25^(d)	EUR		100		88,695
NOVA Chemicals Corp., 4.88%, 06/01/24^(b)	USD		41		38,524
Sasol Financing USA LLC, 6.50%, 09/27/28			200		176,975
SCIL IV LLC/SCIL USA Holdings LLC, 5.38%, 11/01/26^(b)			200		154,500
Scotts Miracle-Gro Co.
4.00%, 04/01/31			122		85,888
4.38%, 02/01/32			18		12,802
Sherwin-Williams Co., 4.50%, 06/01/47			350		283,723


Security		Par (000)		Value

Chemicals (continued)
WESCO Distribution, Inc.^(b)
7.13%, 06/15/25	USD		117	$	117,064
7.25%, 06/15/28			590		577,876
WR Grace Holdings LLC^(b)
5.63%, 10/01/24			21		20,422
4.88%, 06/15/27			105		90,261
5.63%, 08/15/29			1,117		837,750


					6,727,411

Commercial Services & Supplies — 0.4%
ADT Security Corp.^(b)
4.13%, 08/01/29			19		15,770
4.88%, 07/15/32			29		23,387
Albion Financing 1 SARL/Aggreko Holdings, Inc., 6.13%, 10/15/26^(b)			200		169,086
APX Group, Inc.^(b)
6.75%, 02/15/27			123		114,903
5.75%, 07/15/29			181		143,094
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.38%, 03/01/29^(b)(e)			26		21,350
BCP V Modular Services Finance II PLC, 4.75%, 11/30/28^(d)	EUR		100		78,404
Fortress Transportation & Infrastructure Investors LLC^(b)
6.50%, 10/01/25	USD		38		35,698
5.50%, 05/01/28			194		155,173
Garden Spinco Corp., 8.63%, 07/20/30^(b)			136		140,506
Herc Holdings, Inc., 5.50%, 07/15/27^(b)			164		147,600
Hertz Corp.^(b)
4.63%, 12/01/26			85		69,051
5.00%, 12/01/29			70		52,062
Metis Merger Sub LLC, 6.50%, 05/15/29^(b)			145		113,100
NESCO Holdings II, Inc., 5.50%, 04/15/29^(b)			146		121,689
Prime Security Services Borrower LLC/Prime Finance, Inc.^(b)
5.75%, 04/15/26			118		111,031
6.25%, 01/15/28			172		146,780
Sotheby’s/Bidfair Holdings, Inc., 5.88%, 06/01/29^(b)			400		330,448
United Rentals North America, Inc., 5.25%, 01/15/30			40		36,201
Williams Scotsman International, Inc., 4.63%, 08/15/28^(b)			146		127,742


					2,153,075

Communications Equipment — 0.2%
Avaya, Inc., 6.13%, 09/15/28^(b)			398		198,005
Ciena Corp., 4.00%, 01/31/30^(b)			71		59,285
CommScope Technologies LLC, 6.00%, 06/15/25^(b)			291		258,539
CommScope, Inc.^(b)
8.25%, 03/01/27			44		36,355
7.13%, 07/01/28^(e)			171		131,997
4.75%, 09/01/29			355		289,559
Nokia OYJ
4.38%, 06/12/27			31		27,939
6.63%, 05/15/39			88		81,583
Viasat, Inc.^(b)
5.63%, 09/15/25			169		131,196
6.50%, 07/15/28			35		23,275
Viavi Solutions, Inc., 3.75%, 10/01/29^(b)			237		189,619


					1,427,352


Security		Par (000)		Value

Construction & Engineering — 0.7%
ITR Concession Co. LLC, 4.20%, 07/15/25^(b)	USD		4,000	$	3,832,431


Construction Materials^(b)— 0.1%
American Builders & Contractors Supply Co., Inc. 4.00%, 01/15/28			63		55,111
3.88%, 11/15/29			46		36,033
BCPE Empire Holdings, Inc., 7.63%, 05/01/27			74		64,166
H&E Equipment Services, Inc., 3.88%, 12/15/28			37		29,045
IAA, Inc., 5.50%, 06/15/27			157		143,263
Picasso Finance Sub, Inc., 6.13%, 06/15/25			175		171,521
Thor Industries, Inc., 4.00%, 10/15/29			73		54,863
Winnebago Industries, Inc., 6.25%, 07/15/28			51		47,175


					601,177

Consumer Discretionary — 0.7%
APi Group DE, Inc.^(b)
4.13%, 07/15/29			89		70,533
4.75%, 10/15/29			68		56,348
Carnival Corp.^(b)
10.50%, 02/01/26			605		598,593
5.75%, 03/01/27			640		448,352
9.88%, 08/01/27			258		252,840
4.00%, 08/01/28			538		434,026
6.00%, 05/01/29			216		141,819
CoreLogic, Inc., 4.50%, 05/01/28^(b)			350		238,000
Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc., 5.00%, 02/01/26^(b)			60		51,380
Life Time, Inc.^(b)
5.75%, 01/15/26			174		158,340
8.00%, 04/15/26			146		124,830
NCL Corp. Ltd., 5.88%, 03/15/26^(b)			156		118,675
NCL Finance Ltd., 6.13%, 03/15/28^(b)			177		130,533
Nielsen Finance LLC/Nielsen Finance Co.^(b)
5.63%, 10/01/28			208		206,446
5.88%, 10/01/30			125		124,483
Royal Caribbean Cruises Ltd.^(b)
10.88%, 06/01/23			45		46,013
9.13%, 06/15/23			103		104,802
11.50%, 06/01/25			82		87,125
5.50%, 08/31/26			61		46,665
11.63%, 08/15/27			124		112,842
5.50%, 04/01/28			217		152,039
8.25%, 01/15/29^(j)			136		132,378
9.25%, 01/15/29^(j)			186		183,276
Techem Verwaltungsgesellschaft 674 mbH, 6.00%, 07/30/26^(d)	EUR		88		77,226
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29	USD		124		96,410


					4,193,974

Consumer Finance — 0.6%
American Express Co., (5 year CMT + 2.85%), 3.55%^(a)(h)			500		385,338
HealthEquity, Inc., 4.50%, 10/01/29^(b)			431		364,083
MPH Acquisition Holdings LLC, 5.50%, 09/01/28^(b)			139		114,736
Navient Corp.
7.25%, 09/25/23			28		27,891
6.13%, 03/25/24			51		49,661
5.88%, 10/25/24			39		36,955
5.50%, 03/15/29			42		31,926
OneMain Finance Corp.
7.13%, 03/15/26			150		135,210
3.50%, 01/15/27			206		160,468
6.63%, 01/15/28			165		141,570


Security		Par (000)		Value

Consumer Finance (continued)
OneMain Finance Corp. (continued)
5.38%, 11/15/29	USD		30	$	23,250
4.00%, 09/15/30			74		51,927
Sabre Global, Inc.^(b)
9.25%, 04/15/25			99		94,784
7.38%, 09/01/25			64		57,320
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/26^(b)			314		286,329
Shift4 Payments, Inc., 0.00%, 12/15/25^(f)(g)			112		98,840
SLM Corp., 3.13%, 11/02/26			117		96,849
Verscend Escrow Corp., 9.75%, 08/15/26^(b)			1,355		1,307,575


					3,464,712

Containers & Packaging — 0.4%
Ardagh Metal Packaging Finance USA LLC/Ardagh
Metal Packaging Finance PLC^(b)
6.00%, 06/15/27			400		376,681
3.25%, 09/01/28			200		163,192
Clydesdale Acquisition Holdings, Inc.^(b)
6.63%, 04/15/29			508		462,250
8.75%, 04/15/30			256		211,720
Crown Americas LLC, 5.25%, 04/01/30^(b)			91		81,900
Graphic Packaging International LLC^(b)
4.75%, 07/15/27			53		48,523
3.50%, 03/15/28			11		9,354
International Paper Co., 6.00%, 11/15/41			870		829,785
Klabin Austria GmbH, 3.20%, 01/12/31^(b)			200		145,500
LABL, Inc., 5.88%, 11/01/28^(b)			176		142,542
Sealed Air Corp., 4.00%, 12/01/27^(b)			49		42,402
Suzano Austria GmbH, 3.75%, 01/15/31			80		62,400


					2,576,249

Diversified Consumer Services — 0.8%
Allied Universal Holdco LLC/Allied Universal Finance Corp.^(b)
6.63%, 07/15/26			719		640,809
9.75%, 07/15/27			200		164,396
6.00%, 06/01/29^(e)			939		606,006
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.63%, 06/01/28^(b)			1,241		945,703
Clarivate Science Holdings Corp.^(b)
3.88%, 07/01/28			815		672,212
4.88%, 07/01/29			297		232,551
Garda World Security Corp., 4.63%, 02/15/27^(b)			81		69,457
Graham Holdings Co., 5.75%, 06/01/26^(b)			27		26,182
Rekeep SpA, 7.25%, 02/01/26^(d)	EUR		100		85,754
Service Corp. International, 4.00%, 05/15/31	USD		394		316,851
Sotheby’s, 7.38%, 10/15/27^(b)			865		794,494


					4,554,415

Diversified Financial Services — 5.1%
Acuris Finance U.S., Inc./Acuris Finance SARL, 5.00%, 05/01/28^(b)			272		227,120
ASG Finance Designated Activity Co., 7.88%, 12/03/24^(b)			200		186,500
Bank of America Corp., 3.25%, 10/21/27^(e)			4,000		3,584,621
Barclays PLC, 3.65%, 03/16/25^(e)			4,320		4,084,923
BNP Paribas SA, (5 year CMT + 3.34%), 4.63%^(a)(b)(h)			2,000		1,280,390
Central Garden & Pet Co.
4.13%, 10/15/30			116		92,333
4.13%, 04/30/31^(b)			119		93,564
Citigroup, Inc.^(a)(h)
(5 year CMT + 3.42%), 3.88%			3,160		2,605,831


Security		Par (000)		Value

Diversified Financial Services (continued)
Citigroup, Inc.^(a)(h)(continued)
Series W, (5 year CMT + 3.60%), 4.00%	USD		105	$	88,462
Series Y, (5 year CMT + 3.00%), 4.15%			335		266,325
Credit Agricole SA, (5 year USD Swap + 4.90%), 7.88%^(a)(b)(h)			1,000		958,750
Easy Tactic Ltd., (6.50% Cash or 7.50% PIK), 7.50%, 07/11/27⁽ⁱ⁾			210		28,401
Garfunkelux Holdco 3 SA, 7.75%, 11/01/25^(d)	GBP		100		87,091
Global Aircraft Leasing Co. Ltd., (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24^(b)(i)	USD		225		169,140
Goldman Sachs Group, Inc.
3.75%, 05/22/25^(e)			8,965		8,584,167
Series R, (5 year CMT + 3.22%), 4.95%^(a)(h)			465		420,825
HSBC Holdings PLC
6.10%, 01/14/42			610		586,324
(5 year CMT + 3.25%), 4.70%^(a)(e)(h)			275		195,296
(5 year USD ICE Swap + 4.37%), 6.38%^(a)(h)			1,750		1,576,662
Intrum AB, 3.00%, 09/15/27^(d)	EUR		100		72,524
ION Trading Technologies SARL, 5.75%, 05/15/28^(b)	USD		200		163,000
Jefferies Finance LLC/JFIN Co.-Issuer Corp., 5.00%, 08/15/28^(b)			220		162,250
JPMorgan Chase & Co., (1 day SOFR + 2.58%), 5.72%, 09/14/33^(a)			138		130,499
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.^(b) 4.25%, 02/01/27			42		33,819
4.75%, 06/15/29			46		34,438
Lloyds Banking Group PLC, (5 year CMT + 4.82%), 6.75%^(a)(h)			595		533,854
Morgan Stanley
4.00%, 07/23/25			905		875,945
3.13%, 07/27/26			2,000		1,841,628
Operadora de Servicios Mega SA de CV Sofom ER, 8.25%, 02/11/25^(b)			200		117,287
OWL Rock Core Income Corp., 7.75%, 09/16/27^(b)			142		139,844
Shriram Transport Finance Co. Ltd., 5.10%, 07/16/23^(d)			200		193,500
Spectrum Brands, Inc.^(b)
5.00%, 10/01/29			53		42,161
5.50%, 07/15/30			104		81,321
UBS Group AG, (5 year CMT + 3.31%), 4.38%^(a)(b)(h)			200		131,400


					29,670,195

Diversified Telecommunication Services — 3.3%
AT&T, Inc.
6.38%, 03/01/41			520		527,166
5.15%, 03/15/42			1,200		1,045,512
4.75%, 05/15/46^(e)			2,710		2,271,365
3.65%, 06/01/51			350		236,445
Consolidated Communications, Inc., 6.50%, 10/01/28^(b)			229		171,178
Frontier Communications Holdings LLC, 8.75%, 05/15/30^(b)			446		446,285
Level 3 Financing, Inc.^(b)
3.40%, 03/01/27			61		51,088
4.63%, 09/15/27			76		62,896
4.25%, 07/01/28			403		314,344
3.63%, 01/15/29			108		79,962
3.75%, 07/15/29			243		177,997


Security		Par (000)		Value

Diversified Telecommunication Services (continued)
Lumen Technologies, Inc.
5.13%, 12/15/26^(b)	USD		300	$	258,123
4.00%, 02/15/27^(b)			557		467,757
4.50%, 01/15/29^(b)			277		194,592
5.38%, 06/15/29^(b)			412		306,183
Series U, 7.65%, 03/15/42			88		59,555
Series W, 6.75%, 12/01/23			74		75,446
Oi SA, (10.00% Cash or 8.00% Cash + 4.00% PIK), 10.00%, 07/27/25⁽ⁱ⁾			148		42,458
SoftBank Group Corp., 5.00%, 04/15/28^(d)	EUR		100		77,179
Sprint Capital Corp. 6.88%, 11/15/28	USD		977		1,003,867
8.75%, 03/15/32			743		860,951
Switch Ltd.^(b)
3.75%, 09/15/28			210		208,687
4.13%, 06/15/29			430		425,888
Telecom Italia Capital SA
6.38%, 11/15/33			131		101,843
6.00%, 09/30/34			337		251,139
7.20%, 07/18/36			60		47,021
7.72%, 06/04/38			79		63,029
Telecom Italia SpA, 1.63%, 01/18/29^(d)	EUR		100		69,100
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 4.75%, 04/15/28^(b)	USD		63		49,768
Verizon Communications, Inc., 6.55%, 09/15/43			6,751		7,198,968
Zayo Group Holdings, Inc.^(b)
4.00%, 03/01/27			1,231		987,816
6.13%, 03/01/28			1,646		1,154,796


					19,288,404

Education — 0.1%
Grand Canyon University, 5.13%, 10/01/28			702		635,120


Electric Utilities — 3.6%
Cleveland Electric Illuminating Co., 5.95%, 12/15/36			434		428,159
Comision Federal de Electricidad, 4.88%, 01/15/24			200		195,500
Duke Energy Carolinas LLC
6.10%, 06/01/37			640		632,060
6.00%, 01/15/38^(e)			1,675		1,725,977
Duke Energy Florida LLC
6.35%, 09/15/37^(e)			2,775		2,874,614
6.40%, 06/15/38			770		825,266
E.ON International Finance BV, 6.65%, 04/30/38^(b)(e)			3,100		3,087,697
Empresas Publicas de Medellin ESP, 4.25%, 07/18/29^(b)			201		143,966
FirstEnergy Corp.
2.65%, 03/01/30			101		81,557
Series B, 2.25%, 09/01/30			14		10,771
Series C, 3.40%, 03/01/50			474		310,470
FirstEnergy Transmission LLC^(b)
5.45%, 07/15/44			391		353,601
4.55%, 04/01/49			109		85,138
NextEra Energy Operating Partners LP, 4.25%, 09/15/24^(b)			3		2,865
Ohio Power Co., Series D, 6.60%, 03/01/33^(e)			3,000		3,181,402
Oncor Electric Delivery Co. LLC, 2.75%, 05/15/30^(e)			1,150		986,253
PacifiCorp., 6.25%, 10/15/37			1,225		1,253,579


Security		Par (000)		Value

Electric Utilities (continued)
Southern California Edison Co., 5.63%, 02/01/36	USD		1,300	$	1,203,505
Virginia Electric & Power Co., Series A, 6.00%, 05/15/37			3,920		3,953,559


					21,335,939

Electrical Equipment^(b)— 0.1%
Gates Global LLC/Gates Corp., 6.25%, 01/15/26			406		373,520
GrafTech Finance, Inc., 4.63%, 12/15/28			91		68,022


					441,542

Electronic Equipment, Instruments & Components — 0.4%
BWX Technologies, Inc.^(b)
4.13%, 06/30/28			181		158,082
4.13%, 04/15/29			24		20,761
CDW LLC/CDW Finance Corp.
3.28%, 12/01/28			38		31,712
3.25%, 02/15/29			50		40,604
Corning, Inc., 4.38%, 11/15/57			2,000		1,484,417
Energizer Holdings, Inc.^(b)
4.75%, 06/15/28			31		24,561
4.38%, 03/31/29			13		9,643
Imola Merger Corp., 4.75%, 05/15/29^(b)			203		171,261
Vertiv Group Corp., 4.13%, 11/15/28^(b)			412		331,660


					2,272,701

Energy Equipment & Services — 0.4%
Archrock Partners LP/Archrock Partners Finance Corp.^(b)
6.88%, 04/01/27			227		203,297
6.25%, 04/01/28			464		407,853
Halliburton Co., 5.00%, 11/15/45			500		415,190
Nabors Industries, Inc., 5.75%, 02/01/25			214		193,734
Petroleos Mexicanos
8.75%, 06/02/29^(b)			204		173,148
6.70%, 02/16/32			235		164,124
USA Compression Partners LP/USA Compression Finance Corp.
6.88%, 04/01/26			188		172,960
6.88%, 09/01/27			259		235,386
Vallourec SA, 8.50%, 06/30/26^(d)	EUR		17		15,534
Weatherford International Ltd.^(b)
11.00%, 12/01/24	USD		12		12,210
6.50%, 09/15/28			117		105,300
8.63%, 04/30/30			140		121,918


					2,220,654

Entertainment^(b)— 0.0%
AMC Entertainment Holdings, Inc., 7.50%, 02/15/29			23		17,767
Lindblad Expeditions LLC, 6.75%, 02/15/27			208		183,040
NCL Corp. Ltd., 7.75%, 02/15/29			74		55,848


					256,655

Environmental, Maintenance & Security Service — 0.3%
Clean Harbors, Inc., 5.13%, 07/15/29^(b)			78		71,813
Covanta Holding Corp.
4.88%, 12/01/29^(b)			68		54,962
5.00%, 09/01/30			72		56,430
GFL Environmental, Inc.^(b)
4.25%, 06/01/25			98		91,906
3.75%, 08/01/25			8		7,320
5.13%, 12/15/26			139		129,443
4.00%, 08/01/28			425		354,229
3.50%, 09/01/28			131		110,474


Security		Par (000)		Value

Environmental, Maintenance & Security Service (continued)
GFL Environmental, Inc.^(b)(continued)
4.75%, 06/15/29	USD		287	$	241,797
4.38%, 08/15/29			252		210,113
Stericycle, Inc., 3.88%, 01/15/29^(b)			92		76,188
Tervita Corp., 11.00%, 12/01/25^(b)			77		82,967
Waste Pro USA, Inc., 5.50%, 02/15/26^(b)			509		447,172


					1,934,814

Equity Real Estate Investment Trusts (REITs) — 1.6%
Alexandria Real Estate Equities, Inc., 4.00%, 02/01/50			550		410,012
American Tower Corp., 2.10%, 06/15/30			1,700		1,302,176
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC, 4.50%, 04/01/27^(b)			120		98,392
Crown Castle, Inc., 2.90%, 04/01/41			350		227,237
CTR Partnership LP/CareTrust Capital Corp., 3.88%, 06/30/28^(b)			32		26,320
ERP Operating LP, 4.50%, 06/01/45			1,155		960,995
Global Net Lease, Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27^(b)			95		74,102
Healthpeak Properties, Inc., 4.00%, 06/01/25 Iron Mountain, Inc.^(b)			2,000		1,931,253
5.25%, 07/15/30			66		54,613
5.63%, 07/15/32			236		188,800
LMIRT Capital Pte. Ltd., 7.25%, 06/19/24^(d)			250		175,000
MPT Operating Partnership LP/MPT Finance Corp.
5.00%, 10/15/27			28		24,199
4.63%, 08/01/29			531		427,227
3.50%, 03/15/31			988		687,895
RHP Hotel Properties LP/RHP Finance Corp.
4.75%, 10/15/27			470		408,900
4.50%, 02/15/29^(b)			69		57,251
RLJ Lodging Trust LP^(b)
3.75%, 07/01/26			76		64,909
4.00%, 09/15/29			66		51,702
Simon Property Group LP, 4.75%, 03/15/42			1,670		1,406,663
Ventas Realty LP, 4.13%, 01/15/26			870		832,506
VICI Properties LP/VICI Note Co., Inc., 3.88%, 02/15/29^(b)			34		28,523


					9,438,675

Food & Staples Retailing — 0.6%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC^(b)
3.25%, 03/15/26			94		82,564
7.50%, 03/15/26			65		65,388
4.63%, 01/15/27			104		92,957
5.88%, 02/15/28			219		202,028
4.88%, 02/15/30			347		293,565
Bellis Acquisition Co. PLC, 3.25%, 02/16/26^(d)	GBP		100		84,022
Darling Ingredients, Inc., 6.00%, 06/15/30^(b)	USD		297		282,652
Kraft Heinz Foods Co.
6.50%, 02/09/40			110		110,538
4.88%, 10/01/49			266		219,233
5.50%, 06/01/50			565		508,262
Lamb Weston Holdings, Inc.^(b)
4.88%, 05/15/28			113		102,506
4.13%, 01/31/30			172		145,553
4.38%, 01/31/32			491		405,689
Ocado Group PLC, 3.88%, 10/08/26^(d)	GBP		100		81,443
Performance Food Group, Inc.^(b)
5.50%, 10/15/27	USD		28		25,447


Security		Par (000)		Value

Food & Staples Retailing (continued)
Performance Food Group, Inc.^(b)(continued)
4.25%, 08/01/29	USD		349	$	290,577
Post Holdings, Inc.^(b)
5.50%, 12/15/29			22		19,019
4.63%, 04/15/30			159		130,579
4.50%, 09/15/31			28		22,540
U.S. Foods, Inc.^(b)
4.75%, 02/15/29			290		248,240
4.63%, 06/01/30			27		22,343


					3,435,145

Food Products — 0.4%
Aramark Services, Inc.^(b)
5.00%, 04/01/25			32		30,562
6.38%, 05/01/25			14		13,720
5.00%, 02/01/28			583		519,284
BRF SA, 4.88%, 01/24/30^(d)			200		156,975
Chobani LLC/Chobani Finance Corp., Inc.^(b)
7.50%, 04/15/25			791		723,623
4.63%, 11/15/28			541		460,142
Grupo Bimbo SAB de CV, (5 year CMT + 3.28%), 5.95%^(a)(b)(h)			200		196,225
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 3.75%, 12/01/31^(b)			233		186,526
Pilgrim’s Pride Corp., 3.50%, 03/01/32^(b)			117		88,203
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, 4.63%, 03/01/29^(b)			177		144,697


					2,519,957

Gas Utilities — 0.0%
DCP Midstream Operating LP, 5.63%, 07/15/27			35		33,805
Rockies Express Pipeline LLC, 4.95%, 07/15/29^(b)			36		30,881
Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 06/01/31^(b)			62		50,889


					115,575

Health Care Equipment & Supplies — 0.3%
Avantor Funding, Inc.^(b)
4.63%, 07/15/28			697		620,292
3.88%, 11/01/29			179		145,384
Embecta Corp., 6.75%, 02/15/30^(b)			104		96,014
Hologic, Inc., 3.25%, 02/15/29^(b)			10		8,178
Thermo Fisher Scientific, Inc., 5.30%, 02/01/44			1,000		979,643


					1,849,511

Health Care Providers & Services — 2.0%
Acadia Healthcare Co., Inc.^(b)
5.50%, 07/01/28			37		33,764
5.00%, 04/15/29			36		31,882
AdaptHealth LLC^(b)
6.13%, 08/01/28			49		43,889
5.13%, 03/01/30			18		14,841
Aetna, Inc., 4.50%, 05/15/42			575		473,277
AHP Health Partners, Inc., 5.75%, 07/15/29^(b)			219		169,725
Cano Health LLC, 6.25%, 10/01/28^(b)			85		80,292
Centene Corp.
2.45%, 07/15/28			695		565,883
4.63%, 12/15/29			155		139,283
3.00%, 10/15/30			621		491,795
2.50%, 03/01/31			704		530,662
2.63%, 08/01/31			570		429,594


Security		Par (000)		Value

Health Care Providers & Services (continued)
CHS/Community Health Systems, Inc.^(b)
8.00%, 03/15/26	USD		80	$	69,263
5.63%, 03/15/27			210		161,637
6.00%, 01/15/29			313		230,051
5.25%, 05/15/30			57		39,686
Elevance Health, Inc.
2.75%, 10/15/42^(f)			25		161,618
4.38%, 12/01/47			1,000		826,855
3.60%, 03/15/51			600		427,679
Encompass Health Corp.
4.50%, 02/01/28			10		8,565
4.75%, 02/01/30			361		296,986
4.63%, 04/01/31			141		111,426
HCA, Inc., 5.50%, 06/15/47			1,090		920,826
Legacy LifePoint Health LLC^(b)
6.75%, 04/15/25			130		123,008
4.38%, 02/15/27			65		53,712
LifePoint Health, Inc., 5.38%, 01/15/29^(b)			243		169,421
Medline Borrower LP^(b)
3.88%, 04/01/29			349		279,790
5.25%, 10/01/29			979		739,145
ModivCare, Inc., 5.88%, 11/15/25^(b)			41		37,840
Molina Healthcare, Inc.^(b)
4.38%, 06/15/28			123		111,008
3.88%, 11/15/30			275		230,799
3.88%, 05/15/32			161		131,879
Northwell Healthcare, Inc., 4.26%, 11/01/47			725		580,284
Owens & Minor, Inc., 6.63%, 04/01/30^(b)			6		5,280
Prime Healthcare Services, Inc., 7.25%, 11/01/25^(b)			180		160,659
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/01/26^(b)			58		51,898
Surgery Center Holdings, Inc.^(b)
6.75%, 07/01/25			378		349,329
10.00%, 04/15/27			435		423,033
Teleflex, Inc., 4.63%, 11/15/27			14		12,613
Tenet Healthcare Corp.^(b)
4.63%, 09/01/24			98		94,848
4.88%, 01/01/26			330		306,659
6.25%, 02/01/27			123		114,777
5.13%, 11/01/27			363		325,715
4.63%, 06/15/28			55		48,068
6.13%, 10/01/28			122		106,883
4.25%, 06/01/29			34		28,161
6.13%, 06/15/30			243		222,588
UnitedHealth Group, Inc., 2.75%, 05/15/40			1,000		700,189


					11,667,065

Health Care Technology — 0.5%
AthenaHealth Group, Inc., 6.50%, 02/15/30^(b)			976		771,596
Catalent Pharma Solutions, Inc.^(b)
3.13%, 02/15/29			131		101,034
3.50%, 04/01/30			328		258,044
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25^(b)			670		665,943
Charles River Laboratories International, Inc.^(b)
4.25%, 05/01/28			67		58,348
3.75%, 03/15/29			23		19,132
4.00%, 03/15/31			84		67,740
Chrome Bidco SASU, 3.50%, 05/31/28^(d)	EUR		100		77,547
IQVIA, Inc.^(b)
5.00%, 10/15/26	USD		280		266,800


Security		Par (000)		Value

Health Care Technology (continued)
IQVIA, Inc.^(b)(continued)
5.00%, 05/15/27	USD		266	$	248,045
Syneos Health, Inc., 3.63%, 01/15/29^(b)			708		563,766

					3,097,995

Hotels, Restaurants & Leisure — 2.3%
1011778 BC ULC/New Red Finance, Inc.^(b)
3.88%, 01/15/28			209		181,874
4.38%, 01/15/28			214		185,431
4.00%, 10/15/30			239		188,232
Accor SA, (5 year EUR Swap + 4.56%), 4.38%^(a)(d)(h)	EUR		100		85,188
Airbnb, Inc., 0.00%, 03/15/26^(f)(g)	USD		199		164,772
Boyd Gaming Corp.
4.75%, 12/01/27			121		107,086
4.75%, 06/15/31^(b)			219		177,324
Boyne USA, Inc., 4.75%, 05/15/29^(b)			233		195,192
Caesars Entertainment, Inc.^(b)
6.25%, 07/01/25			840		809,550
8.13%, 07/01/27			876		836,654
4.63%, 10/15/29			433		330,848
Caesars Resort Collection LLC/CRC Finco, Inc.,
5.75%, 07/01/25^(b)			103		99,385
Carnival Corp., 7.63%, 03/01/26^(b)			48		36,480
CDI Escrow Issuer, Inc., 5.75%, 04/01/30^(b)			672		586,868
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op, 5.50%, 05/01/25^(b)			432		415,554
Churchill Downs, Inc.^(b)
5.50%, 04/01/27			230		212,828
4.75%, 01/15/28			202		174,745
Corvias Campus Living - USG LLC, 5.30%, 07/01/50^(c).			5,602		3,299,810
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.^(b)
4.63%, 01/15/29			156		129,090
6.75%, 01/15/30			46		34,935
Fortune Star BVI Ltd., 6.75%, 07/02/23^(d)			200		126,000
Hilton Domestic Operating Co., Inc.
5.38%, 05/01/25^(b)			39		38,117
3.75%, 05/01/29^(b)			99		81,752
4.88%, 01/15/30			206		179,220
4.00%, 05/01/31^(b)			280		226,332
3.63%, 02/15/32^(b)			77		58,974
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27			44		40,370
McDonald’s Corp., 3.70%, 02/15/42			1,750		1,327,237
Melco Resorts Finance Ltd., 5.25%, 04/26/26^(d)			250		173,000
Merlin Entertainments Ltd., 5.75%, 06/15/26^(b)			200		186,169
MGM China Holdings Ltd., 5.88%, 05/15/26^(d)			450		365,625
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., 4.88%, 05/01/29^(b)			144		118,624
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.^(b)
5.63%, 09/01/29			63		43,611
5.88%, 09/01/31			79		53,325
Raptor Acquisition Corp./Raptor Co.-Issuer LLC, 4.88%, 11/01/26^(b)			121		104,063
Royal Caribbean Cruises Ltd., 5.38%, 07/15/27^(b)			138		101,505
Scientific Games International, Inc.^(b)
8.63%, 07/01/25			136		139,235
7.00%, 05/15/28			100		94,285
7.25%, 11/15/29			96		89,348


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Six Flags Theme Parks, Inc., 7.00%, 07/01/25^(b)	USD		135	$	134,943
Station Casinos LLC^(b)
4.50%, 02/15/28			123		100,954
4.63%, 12/01/31			155		117,069
Stonegate Pub Co. Financing PLC, 8.25%, 07/31/25^(d)	GBP		100		97,419
Vail Resorts, Inc., 6.25%, 05/15/25^(b)	USD		105		103,574
Wyndham Hotels & Resorts, Inc., 4.38%, 08/15/28^(b)			104		91,419
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27^(b)(e)			125		110,025
Wynn Macau Ltd.^(d)
4.88%, 10/01/24			200		161,000
5.50%, 10/01/27			200		138,000
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.^(b)
7.75%, 04/15/25			163		159,220
5.13%, 10/01/29			393		317,623
Yum! Brands, Inc.
4.75%, 01/15/30^(b)			2		1,748
3.63%, 03/15/31			62		49,550
5.38%, 04/01/32			26		23,053
5.35%, 11/01/43			44		34,939

					13,439,174

Household Durables — 0.3%
Ashton Woods USA LLC/Ashton Woods Finance Co.^(b)
4.63%, 08/01/29			68		49,371
4.63%, 04/01/30			98		70,183
Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC^(b)
5.00%, 06/15/29			141		104,378
4.88%, 02/15/30			178		131,767
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25^(b)			173		156,811
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26^(b)			147		141,120
Mattamy Group Corp., 4.63%, 03/01/30^(b)			135		103,099
Meritage Homes Corp., 5.13%, 06/06/27			35		31,018
NCR Corp.^(b)
5.00%, 10/01/28			73		57,435
5.13%, 04/15/29			91		68,252
6.13%, 09/01/29			57		49,078
SWF Escrow Issuer Corp., 6.50%, 10/01/29^(b)			223		132,127
Taylor Morrison Communities, Inc.^(b)
5.88%, 06/15/27			119		110,819
5.13%, 08/01/30			37		29,866
Tempur Sealy International, Inc.^(b)
4.00%, 04/15/29			151		118,992
3.88%, 10/15/31			136		99,620
Tri Pointe Homes, Inc., 5.25%, 06/01/27			28		24,212

					1,478,148

Household Products — 0.0%
Energizer Holdings, Inc., 6.50%, 12/31/27^(b)			80		71,015


Independent Power and Renewable Electricity Producers — 0.4%
Azure Power Solar Energy Pvt Ltd., 5.65%, 12/24/24^(d).			200		167,000
Calpine Corp.^(b)
5.13%, 03/15/28			539		462,929
4.63%, 02/01/29			46		37,484
5.00%, 02/01/31			41		32,577
Clearway Energy Operating LLC^(b)
4.75%, 03/15/28			124		110,410
3.75%, 01/15/32			203		157,372
Continuum Energy Levanter Pte. Ltd., 4.50%, 02/09/27^(b)			194		156,977


Security		Par (000)		Value

Independent Power and Renewable Electricity Producers (continued)
Greenko Dutch BV, 3.85%, 03/29/26^(d)	USD		191	$	152,800
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26^(d)			200		166,250
India Cleantech Energy, 4.70%, 08/10/26^(b)			237		179,930
NRG Energy, Inc.
5.75%, 01/15/28			45		41,530
5.25%, 06/15/29^(b)			73		63,875
3.63%, 02/15/31^(b)			215		167,700
3.88%, 02/15/32^(b)			73		56,943
SCC Power PLC^(b)(i)
(4.00% Cash or 4.00% PIK), 4.00%, 05/17/32			131		9,586
(8.00% Cash or 4.00% Cash + 4.00% PIK), 8.00%, 12/31/28			242		90,134
TerraForm Power Operating LLC, 4.75%, 01/15/30^(b)			121		102,702

					2,156,199

Industrial Conglomerates — 0.0%
Resideo Funding, Inc., 4.00%, 09/01/29^(b)			42		33,851


Insurance — 3.9%
Acrisure LLC/Acrisure Finance, Inc., 6.00%, 08/01/29^(b)			140		107,800
Alliant Holdings Intermediate LLC/Alliant Holdings Co- Issuer^(b)
4.25%, 10/15/27			1,035		884,074
6.75%, 10/15/27			1,419		1,222,879
5.88%, 11/01/29			845		686,327
Allied World Assurance Co.Holdings Ltd., 4.35%, 10/29/25			1,495		1,420,046
Allstate Corp.^(a)
(3 mo. LIBOR US + 2.12%), 6.50%, 05/15/67			1,750		1,713,828
Series B, (3 mo. LIBOR US + 2.94%), 5.75%, 08/15/53			2,000		1,841,036
AmWINS Group, Inc., 4.88%, 06/30/29^(b)			189		156,882
Aon Global Ltd.
3.88%, 12/15/25			1,445		1,388,384
4.60%, 06/14/44			500		418,940
Berkshire Hathaway Finance Corp., 4.40%, 05/15/42			500		439,523
Five Corners Funding Trust, 4.42%, 11/15/23^(b)(e)			2,050		2,030,786
Galaxy Bidco Ltd., 6.50%, 07/31/26^(d)	GBP		100		90,999
GTCR AP Finance, Inc., 8.00%, 05/15/27^(b)	USD		161		148,111
HUB International Ltd.^(b)
7.00%, 05/01/26			938		889,613
5.63%, 12/01/29			35		29,225
Liberty Mutual Group, Inc., 6.50%, 05/01/42^(b)			2,000		1,958,523
NFP Corp., 7.50%, 10/01/30^(b)			74		70,219
Prudential Financial, Inc.^(e)
5.90%, 03/17/36			500		493,503
5.70%, 12/14/36			1,625		1,605,756
Ryan Specialty Group LLC, 4.38%, 02/01/30^(b)			92		78,029
Teachers Insurance & Annuity Association of America, 4.27%, 05/15/47^(b)			700		568,445
Voya Financial, Inc., (3 mo. LIBOR US + 3.58%), 5.65%, 05/15/53^(a)(e)			4,500		4,365,000

					22,607,928

Interactive Media & Services^(b)— 0.2%
Arches Buyer, Inc., 4.25%, 06/01/28			73		56,940
Cablevision Lightpath LLC
3.88%, 09/15/27			220		184,025
5.63%, 09/15/28			400		320,000
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc. 4.75%, 04/30/27			328		285,360


Security		Par (000)		Value

Interactive Media & Services (continued)
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc. (continued)
6.00%, 02/15/28	USD		147	$	113,948
Twitter, Inc.
3.88%, 12/15/27			206		193,171
5.00%, 03/01/30			95		91,040

					1,244,484

Internet Software & Services — 0.5%
ANGI Group LLC, 3.88%, 08/15/28^(b)			174		122,725
Booking Holdings, Inc., 0.75%, 05/01/25^(f)			148		177,792
Go Daddy Operating Co. LLC/GD Finance Co., Inc.^(b)
5.25%, 12/01/27			27		24,868
3.50%, 03/01/29			138		112,867
Match Group Holdings II LLC^(b)
5.63%, 02/15/29			6		5,463
4.13%, 08/01/30			20		16,425
3.63%, 10/01/31			390		294,450
NortonLifeLock, Inc., 7.13%, 09/30/30^(b)			164		158,623
Uber Technologies, Inc.
0.00%, 12/15/25^(f)(g)			884		733,638
8.00%, 11/01/26^(b)			132		131,792
7.50%, 09/15/27^(b)			456		446,880
6.25%, 01/15/28^(b)			190		176,700
4.50%, 08/15/29^(b)			791		664,934

					3,067,157

IT Services — 1.3%
Ahead DB Holdings LLC, 6.63%, 05/01/28^(b)			99		84,386
Block, Inc., 3.50%, 06/01/31			1,275		988,527
Booz Allen Hamilton, Inc.^(b)
3.88%, 09/01/28			137		117,856
4.00%, 07/01/29			242		207,046
CA Magnum Holdings, 5.38%, 10/31/26^(b)			258		215,430
Camelot Finance SA, 4.50%, 11/01/26^(b)			238		215,345
Condor Merger Sub, Inc., 7.38%, 02/15/30^(b)			605		494,627
Dun & Bradstreet Corp., 5.00%, 12/15/29^(b)			473		390,225
Fair Isaac Corp., 4.00%, 06/15/28^(b)			322		274,370
Fidelity National Information Services, Inc., 4.50%, 08/15/46			1,000		794,775
Fiserv, Inc., 4.40%, 07/01/49			500		387,797
Gartner, Inc.^(b)
4.50%, 07/01/28			189		169,004
3.63%, 06/15/29			122		101,565
3.75%, 10/01/30			50		40,932
Global Payments, Inc., 4.95%, 08/15/27			70		66,692
International Business Machines Corp., 1.95%, 05/15/30^(e)			2,000		1,589,183
KBR, Inc., 4.75%, 09/30/28^(b)			134		115,116
Science Applications International Corp., 4.88%, 04/01/28^(b)			73		64,945
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/25^(b)			112		109,137
Twilio, Inc., 3.88%, 03/15/31			399		313,204
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29^(b)			874		713,131

					7,453,293

Leisure Products — 0.1%
Mattel, Inc.
3.75%, 04/01/29^(b)			49		41,199


Security		Par (000)		Value

Leisure Products (continued)
Mattel, Inc. (continued)
6.20%, 10/01/40	USD		218	$	205,202
5.45%, 11/01/41			149		124,830


					371,231

Machinery — 0.5%
ATS Automation Tooling Systems, Inc., 4.13%, 12/15/28^(b)			71		58,870
Husky III Holding Ltd., (13.00% Cash or 13.75% PIK), 13.00%, 02/15/25^(b)(i)			241		225,938
Madison IAQ LLC, 5.88%, 06/30/29^(b)			197		137,222
Mueller Water Products, Inc., 4.00%, 06/15/29^(b)			94		79,995
OT Merger Corp., 7.88%, 10/15/29^(b)			78		52,845
Schenck Process Holding GmbH/Darmstadt, 5.38%, 06/15/23^(d)	EUR		100		95,432
Stevens Holding Co., Inc., 6.13%, 10/01/26^(b)	USD		90		87,957
Terex Corp., 5.00%, 05/15/29^(b)			205		175,938
Titan Acquisition Ltd./Titan Co.-Borrower LLC, 7.75%, 04/15/26^(b)			514		406,282
TK Elevator Holdco GmbH, 7.63%, 07/15/28^(b)			400		335,000
TK Elevator Midco GmbH, 4.38%, 07/15/27^(d)	EUR		200		164,158
TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27^(b)	USD		1,007		856,162


					2,675,799

Media — 6.8%
Altice Financing SA
3.00%, 01/15/28^(d)	EUR		100		73,688
5.75%, 08/15/29^(b)	USD		930		711,655
Altice France Holding SA,
10.50%, 05/15/27^(b)			1,088		852,182
AMC Networks, Inc.
5.00%, 04/01/24			2		1,908
4.75%, 08/01/25			135		120,627
4.25%, 02/15/29			83		61,367
Bell Telephone Co. of Canada or Bell Canada, Series US-4, 3.65%, 03/17/51			335		236,054
Block Communications, Inc., 4.88%, 03/01/28^(b)			87		75,255
Cable One, Inc.
1.13%, 03/15/28^(f)			492		354,240
4.00%, 11/15/30^(b)			199		154,904
CCO Holdings LLC/CCO Holdings Capital Corp.
5.13%, 05/01/27^(b)			228		205,770
5.00%, 02/01/28^(b)			210		181,075
5.38%, 06/01/29^(b)			49		42,891
6.38%, 09/01/29^(b)			517		474,658
4.75%, 03/01/30^(b)			262		212,548
4.50%, 08/15/30^(b)			269		212,736
4.25%, 02/01/31^(b)			431		330,594
4.75%, 02/01/32^(b)			492		383,160
4.50%, 05/01/32			206		157,110
4.50%, 06/01/33^(b)			227		167,701
4.25%, 01/15/34^(b)			936		669,970
Charter Communications Operating LLC/Charter Communications Operating Capital
4.91%, 07/23/25			4,700		4,583,248
5.38%, 05/01/47			1,100		850,885
4.80%, 03/01/50			1,000		721,390
Clear Channel International BV, 6.63%, 08/01/25^(b)			256		237,877
Clear Channel Outdoor Holdings, Inc.^(b)
5.13%, 08/15/27			1,018		859,942
7.75%, 04/15/28			775		585,125
7.50%, 06/01/29			566		410,350


Security		Par (000)		Value

Media (continued)
CMG Media Corp., 8.88%, 12/15/27^(b)	USD		563	$	430,112
Comcast Cable Communications Holdings, Inc., 9.46%, 11/15/22^(e)			2,600		2,615,860
Comcast Corp.
6.45%, 03/15/37			790		837,727
4.60%, 08/15/45			2,000		1,669,457
4.70%, 10/15/48^(e)			3,000		2,561,881
Connect Finco SARL/Connect U.S. Finco LLC, 6.75%, 10/01/26^(b)			1,055		922,653
CSC Holdings LLC
5.25%, 06/01/24			247		228,475
5.75%, 01/15/30^(b)			443		314,869
4.13%, 12/01/30^(b)			400		298,880
4.50%, 11/15/31^(b)			570		428,173
Directv Financing LLC/Directv Financing Co.-Obligor, Inc., 5.88%, 08/15/27^(b)			299		257,771
Discovery Communications LLC
3.25%, 04/01/23			1,850		1,833,560
3.45%, 03/15/25			210		199,120
DISH DBS Corp.
7.75%, 07/01/26			343		263,105
5.25%, 12/01/26^(b)			685		561,184
5.75%, 12/01/28^(b)			718		542,621
5.13%, 06/01/29			79		46,413
Frontier Communications Holdings LLC^(b)
5.88%, 10/15/27			152		136,227
5.00%, 05/01/28			464		398,205
6.75%, 05/01/29			249		205,425
6.00%, 01/15/30			213		167,338
GCI LLC, 4.75%, 10/15/28^(b)			135		112,084
iHeartCommunications, Inc.
6.38%, 05/01/26			91		84,765
5.25%, 08/15/27^(b)			66		56,380
4.75%, 01/15/28^(b)			50		41,675
Iliad Holding SASU^(b)
6.50%, 10/15/26			529		462,558
7.00%, 10/15/28			602		515,745
Kaixo Bondco Telecom SA, 5.13%, 09/30/29^(d)	EUR		100		76,596
Lamar Media Corp., 3.75%, 02/15/28	USD		38		33,194
LCPR Senior Secured Financing DAC, 5.13%, 07/15/29^(b)			673		506,814
Liberty Broadband Corp.^(b)(f)
1.25%, 09/30/50			279		263,655
2.75%, 09/30/50			379		363,356
Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23^(b)(i)			154		69,827
Lions Gate Capital Holdings LLC, 5.50%, 04/15/29^(b)			510		379,950
Liquid Telecommunications Financing PLC, 5.50%, 09/04/26^(b)			200		158,000
Live Nation Entertainment, Inc.^(b)
4.88%, 11/01/24			21		20,314
6.50%, 05/15/27			618		594,670
4.75%, 10/15/27			309		268,269
3.75%, 01/15/28			132		111,870
Lorca Telecom Bondco SA, 4.00%, 09/18/27^(d)	EUR		100		85,121
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27^(b)	USD		108		96,223
Network i2i Ltd., (5 year CMT + 4.27%), 5.65%^(a)(d)(h)			400		367,575


Security		Par (000)		Value

Media (continued)
Outfront Media Capital LLC/Outfront Media Capital Corp.^(b)
5.00%, 08/15/27	USD		191	$	166,848
4.25%, 01/15/29			80		62,840
4.63%, 03/15/30			10		7,791
Paramount Global, 5.85%, 09/01/43			645		514,200
Radiate Holdco LLC/Radiate Finance, Inc.^(b)
4.50%, 09/15/26			464		380,587
6.50%, 09/15/28			930		648,675
Sable International Finance Ltd.
5.75%, 09/07/27^(b)			200		174,750
5.75%, 09/07/27^(d)			200		174,750
Scripps Escrow II, Inc., 3.88%, 01/15/29^(b)			11		8,769
Sinclair Television Group, Inc., 4.13%, 12/01/30^(b)			666		501,165
Sirius XM Radio, Inc.^(b)
3.13%, 09/01/26			331		290,692
5.00%, 08/01/27			144		132,120
4.00%, 07/15/28			96		81,656
4.13%, 07/01/30			57		46,332
3.88%, 09/01/31			535		414,860
Stagwell Global LLC, 5.63%, 08/15/29^(b)			69		56,757
Summer BC Holdco B SARL, 5.75%, 10/31/26^(d)	EUR		100		83,324
TCI Communications, Inc., 7.88%, 02/15/26	USD		610		658,582
Univision Communications, Inc.^(b)
5.13%, 02/15/25			52		49,367
6.63%, 06/01/27			70		66,060
7.38%, 06/30/30			144		137,418
UPC Broadband Finco BV, 4.88%, 07/15/31^(b)			303		235,137
Videotron Ltd., 3.63%, 06/15/29^(b)			178		144,178
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28^(b)			307		248,286
VZ Secured Financing BV, 3.50%, 01/15/32^(d)	EUR		100		70,074
Walt Disney Co., 7.63%, 11/30/28	USD		385		427,908
WMG Acquisition Corp., 3.88%, 07/15/30^(b)			37		30,313
Ziggo Bond Co. BV, 6.00%, 01/15/27^(b)			150		125,250
Ziggo BV, 4.88%, 01/15/30^(b)			200		158,000


					39,613,296

Metals & Mining — 1.1%
ABJA Investment Co. Pte Ltd.^(d)
5.95%, 07/31/24			250		246,562
5.45%, 01/24/28			200		183,500
Arconic Corp.^(b)
6.00%, 05/15/25			87		83,743
6.13%, 02/15/28			393		347,149
ATI, Inc.
4.88%, 10/01/29			68		56,458
5.13%, 10/01/31			187		152,766
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29^(b)			828		762,075
Carpenter Technology Corp.
6.38%, 07/15/28			154		142,820
7.63%, 03/15/30			134		129,015
Commercial Metals Co.
4.13%, 01/15/30			48		39,409
4.38%, 03/15/32			51		40,290
Constellium SE^(b)
5.63%, 06/15/28			250		205,038
3.75%, 04/15/29			1,091		796,518
FMG Resources August Pty. Ltd., 6.13%, 04/15/32^(b)			276		237,153


Security		Par (000)		Value

Metals & Mining (continued)
JSW Steel Ltd., 5.95%, 04/18/24^(d)	USD		200	$	190,750
Kaiser Aluminum Corp.^(b)
4.63%, 03/01/28			119		97,094
4.50%, 06/01/31			535		391,481
Mineral Resources Ltd., 8.50%, 05/01/30^(b)			88		85,043
New Gold, Inc., 7.50%, 07/15/27^(b)			470		371,300
Novelis Corp.^(b)
3.25%, 11/15/26			468		390,654
4.75%, 01/30/30			534		437,880
3.88%, 08/15/31			528		393,846
Novelis Sheet Ingot GmbH, 3.38%, 04/15/29^(d)	EUR		100		76,958
Rio Tinto Finance USA PLC, 4.75%, 03/22/42	USD		400		363,359
Roller Bearing Co. of America, Inc., 4.38%, 10/15/29^(b)			82		69,166
thyssenkrupp AG, 2.88%, 02/22/24^(d)	EUR		51		46,884
U.S. Steel Corp., 6.88%, 03/01/29^(e)	USD		169		153,596
Vedanta Resources Finance II PLC, 13.88%, 01/21/24^(d)			200		166,413


					6,656,920

Multiline Retail — 0.0%
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26^(b)			252		231,551


Multi-Utilities — 0.2%
KeySpan Gas East Corp., 5.82%, 04/01/41^(b)			1,010		953,231


Offshore Drilling & Other Services — 0.1%
Entegris, Inc.^(b)
4.38%, 04/15/28			168		142,434
3.63%, 05/01/29			79		62,517
KLA Corp., 3.30%, 03/01/50			500		351,206


					556,157

Oil, Gas & Consumable Fuels — 8.2%
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26^(b)			559		540,184
Antero Midstream Partners LP/Antero Midstream Finance Corp.^(b)
5.75%, 03/01/27			203		187,748
5.75%, 01/15/28			39		35,490
5.38%, 06/15/29			140		123,606
Antero Resources Corp., 7.63%, 02/01/29^(b)			83		82,846
Apache Corp.
4.25%, 01/15/30			133		116,309
5.10%, 09/01/40			202		163,068
5.35%, 07/01/49			97		76,145
Arcosa, Inc., 4.38%, 04/15/29^(b)			238		202,300
Ascent Resources Utica Holdings LLC/ARU Finance Corp.^(b)
9.00%, 11/01/27			625		762,377
5.88%, 06/30/29			152		135,280
Buckeye Partners LP
4.13%, 03/01/25^(b)			179		163,830
5.85%, 11/15/43			94		69,630
5.60%, 10/15/44			59		41,417
Burlington Resources LLC, 5.95%, 10/15/36			685		685,261
Callon Petroleum Co.
6.38%, 07/01/26			80		72,087
8.00%, 08/01/28^(b)(e)			407		375,457
7.50%, 06/15/30^(b)			375		328,314


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Cellnex Telecom SA, Series CLNX, 0.75%, 11/20/31^(d)(f)	EUR		100	$	63,844
Central Parent, Inc./CDK Global, Inc., 7.25%, 06/15/29^(b)	USD		563		535,241
Cheniere Energy Partners LP
4.50%, 10/01/29			870		765,939
4.00%, 03/01/31			396		332,038
3.25%, 01/31/32			461		353,981
Chesapeake Energy Corp.^(b)
5.88%, 02/01/29			28		25,966
6.75%, 04/15/29			307		294,296
Citgo Holding, Inc., 9.25%, 08/01/24^(b)			298		295,693
Civitas Resources, Inc., 5.00%, 10/15/26^(b)			60		54,509
CNX Midstream Partners LP, 4.75%, 04/15/30^(b)			66		51,804
CNX Resources Corp.
2.25%, 05/01/26^(f)			226		312,897
6.00%, 01/15/29^(b)			74		67,525
7.38%, 01/15/31^(b)			149		145,733
Colgate Energy Partners III LLC^(b)
7.75%, 02/15/26			312		306,236
5.88%, 07/01/29			421		375,797
Comstock Resources, Inc.^(b)
6.75%, 03/01/29^(e)			472		435,329
5.88%, 01/15/30			537		467,703
ConocoPhillips, 6.50%, 02/01/39			600		650,173
CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, 06/15/31^(b)			1,000		846,525
Crescent Energy Finance LLC, 7.25%, 05/01/26^(b)			496		445,616
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.^(b)
5.63%, 05/01/27			34		30,770
6.00%, 02/01/29			121		108,295
8.00%, 04/01/29			59		56,788
CrownRock LP/CrownRock Finance, Inc.^(b)
5.63%, 10/15/25			673		644,310
5.00%, 05/01/29			29		25,587
DCP Midstream Operating LP
5.13%, 05/15/29			39		36,544
6.45%, 11/03/36^(b)			106		96,842
6.75%, 09/15/37^(b)			172		166,778
Devon Energy Corp.
5.85%, 12/15/25			1,000		1,008,685
4.75%, 05/15/42			300		244,297
DT Midstream, Inc.^(b)
4.13%, 06/15/29			260		219,700
4.38%, 06/15/31			409		337,310
Dycom Industries, Inc., 4.50%, 04/15/29^(b)			69		58,144
Earthstone Energy Holdings LLC, 8.00%, 04/15/27^(b)			213		200,752
Ecopetrol SA
4.13%, 01/16/25			188		171,233
4.63%, 11/02/31			130		90,513
eG Global Finance PLC
6.75%, 02/07/25^(b)			241		217,387
6.25%, 10/30/25^(d)	EUR		142		120,329
8.50%, 10/30/25^(b)	USD		200		174,917
EIG Pearl Holdings SARL, 3.55%, 08/31/36^(b)			208		165,360
Enbridge, Inc.^(a) (3 mo. LIBOR US + 3.64%), 6.25%, 03/01/78			1,935		1,738,984


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Enbridge, Inc.^(a)(continued) Series 20-A, (5 year CMT + 5.31%), 5.75%, 07/15/80	USD		950	$	835,762
Endeavor Energy Resources LP/EER Finance, Inc., 5.75%, 01/30/28^(b)			239		227,318
Energy Transfer LP
4.05%, 03/15/25			500		479,453
4.75%, 01/15/26			1,250		1,204,357
3.90%, 07/15/26			310		288,909
5.30%, 04/15/47			540		430,787
Series H, (5 year CMT + 5.69%), 6.50%^(a)(h)			473		412,032
EnLink Midstream LLC
5.63%, 01/15/28^(b)			235		219,725
5.38%, 06/01/29			327		299,205
6.50%, 09/01/30^(b)			164		160,146
EnLink Midstream Partners LP
4.15%, 06/01/25			4		3,713
4.85%, 07/15/26			67		61,532
5.60%, 04/01/44			155		117,908
5.05%, 04/01/45			33		23,129
5.45%, 06/01/47			42		30,680
Enterprise Products Operating LLC, 6.13%, 10/15/39			1,400		1,368,254
EOG Resources, Inc., 5.10%, 01/15/36			200		183,719
EQM Midstream Partners LP
6.00%, 07/01/25^(b)			65		60,101
4.13%, 12/01/26			68		57,608
6.50%, 07/01/27^(b)			245		226,402
4.50%, 01/15/29^(b)			13		10,474
7.50%, 06/01/30^(b)			57		53,863
4.75%, 01/15/31^(b)			456		361,950
EQT Corp., 1.75%, 05/01/26^(f)			75		206,678
Genesis Energy LP/Genesis Energy Finance Corp.
6.50%, 10/01/25			47		42,493
7.75%, 02/01/28			75		65,250
Gulfport Energy Corp., 8.00%, 05/17/26^(b)			25		24,875
Harvest Midstream I LP, 7.50%, 09/01/28^(b)			40		37,386
Hess Corp., 4.30%, 04/01/27			1,100		1,034,795
Hess Midstream Operations LP, 4.25%, 02/15/30^(b)			162		130,815
Hilcorp Energy I LP/Hilcorp Finance Co.^(b)
6.25%, 11/01/28			70		64,588
5.75%, 02/01/29			34		29,725
6.00%, 04/15/30			12		10,458
6.00%, 02/01/31			11		9,530
Hilong Holding Ltd., 9.75%, 11/18/24^(d)			207		86,940
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26^(d)			200		182,500
HTA Group Ltd., 7.00%, 12/18/25^(b)			200		174,163
IHS Holding Ltd., 6.25%, 11/29/28^(b)			200		153,975
Impulsora Pipeline LLC, 6.05%, 12/31/42^(a)(c)			1,637		1,411,589
ITT Holdings LLC, 6.50%, 08/01/29^(b)			232		179,979
Kinder Morgan, Inc., 5.05%, 02/15/46			1,400		1,143,555
Kinetik Holdings LP, 5.88%, 06/15/30^(b)			378		346,119
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26^(b)			22		21,084
Marathon Petroleum Corp., 6.50%, 03/01/41			1,150		1,138,782
Matador Resources Co., 5.88%, 09/15/26			413		398,409
Medco Oak Tree Pte. Ltd., 7.38%, 05/14/26^(d)			288		246,600
MPLX LP, 4.25%, 12/01/27			250		232,743
Murphy Oil Corp.
5.75%, 08/15/25			17		16,393


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Murphy Oil Corp. (continued)
5.88%, 12/01/27	USD		40	$	37,390
6.13%, 12/01/42			18		14,317
Murphy Oil USA, Inc., 4.75%, 09/15/29			95		84,075
Nabors Industries Ltd.^(b)
7.25%, 01/15/26			140		121,817
7.50%, 01/15/28			170		138,771
Nabors Industries, Inc., 7.38%, 05/15/27^(b)			226		208,587
New Fortress Energy, Inc.^(b)
6.75%, 09/15/25			611		578,739
6.50%, 09/30/26			928		857,379
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26^(b)(e)			115		102,305
NGPL PipeCo LLC, 7.77%, 12/15/37^(b)			138		139,475
Northern Oil & Gas, Inc., 8.13%, 03/01/28^(b)			660		618,750
NuStar Logistics LP
6.00%, 06/01/26			99		90,623
6.38%, 10/01/30			17		14,546
Occidental Petroleum Corp.
6.95%, 07/01/24			43		44,183
8.00%, 07/15/25			25		26,500
5.88%, 09/01/25			79		79,239
8.88%, 07/15/30			67		74,591
6.63%, 09/01/30			666		675,990
7.50%, 05/01/31			64		66,880
6.45%, 09/15/36			103		103,000
6.20%, 03/15/40			606		586,305
6.60%, 03/15/46			44		45,320
Oil & Gas Holding Co. BSCC, 7.63%, 11/07/24^(d)			200		198,040
OQ SAOC, 5.13%, 05/06/28^(b)			200		178,850
PDC Energy, Inc.
6.13%, 09/15/24			58		57,082
5.75%, 05/15/26			164		151,723
Permian Resources Operating LLC
6.88%, 04/01/27^(b)			31		29,991
3.25%, 04/01/28^(f)			205		273,060
Pertamina Persero PT, 3.65%, 07/30/29^(d)			239		206,780
Petroleos Mexicanos
6.50%, 03/13/27			212		177,529
5.95%, 01/28/31			245		164,910
6.38%, 01/23/45			183		100,742
6.75%, 09/21/47			67		37,185
7.69%, 01/23/50			79		48,087
Pioneer Natural Resources Co., 0.25%, 05/15/25^(f)			117		253,422
Puma International Financing SA, 5.13%, 10/06/24^(b)			200		189,000
Range Resources Corp.
5.00%, 03/15/23			122		121,584
4.88%, 05/15/25			10		9,426
Rockcliff Energy II LLC, 5.50%, 10/15/29^(b)			257		225,023
Sabine Pass Liquefaction LLC, 5.88%, 06/30/26			1,750		1,751,359
SM Energy Co.
5.63%, 06/01/25			38		36,480
6.75%, 09/15/26			85		81,813
6.63%, 01/15/27			14		13,438
6.50%, 07/15/28			66		62,721
Southwestern Energy Co.
5.38%, 02/01/29			232		210,378
4.75%, 02/01/32			109		91,353
Suncor Energy, Inc., 6.50%, 06/15/38			1,000		985,890


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Sunoco LP/Sunoco Finance Corp.
6.00%, 04/15/27	USD		38	$	36,235
5.88%, 03/15/28			4		3,630
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.^(b)
6.00%, 03/01/27			29		26,311
6.00%, 12/31/30			20		17,002
6.00%, 09/01/31			88		74,360
Tap Rock Resources LLC, 7.00%, 10/01/26^(b)			519		474,457
TransCanada PipeLines Ltd., 4.63%, 03/01/34			500		438,060
Transocean, Inc., 11.50%, 01/30/27^(b)			81		74,920
Venture Global Calcasieu Pass LLC^(b)
3.88%, 08/15/29			590		506,149
4.13%, 08/15/31			549		455,379
3.88%, 11/01/33			1,367		1,062,842
Vermilion Energy, Inc., 6.88%, 05/01/30^(b)			108		99,360
Vivo Energy Investments BV, 5.13%, 09/24/27^(b)			200		182,000
Western Midstream Operating LP
4.75%, 08/15/28			25		22,750
5.45%, 04/01/44			229		187,858
5.30%, 03/01/48			75		61,688
5.50%, 08/15/48			69		55,804
5.50%, 02/01/50			678		547,485
Williams Cos., Inc.
3.90%, 01/15/25			1,150		1,112,942
4.00%, 09/15/25			750		721,402


					47,933,452

Pharmaceuticals — 2.2%
AbbVie, Inc.
3.80%, 03/15/25^(e)			3,250		3,147,638
3.60%, 05/14/25			870		835,086
3.20%, 05/14/26			500		467,388
4.55%, 03/15/35			2,140		1,919,774
4.45%, 05/14/46			2,095		1,702,599
Cheplapharm Arzneimittel GmbH, 3.50%, 02/11/27^(d)	EUR		100		80,022
CVS Health Corp.
5.13%, 07/20/45	USD		700		612,963
5.05%, 03/25/48^(e)			1,821		1,603,686
Elanco Animal Health, Inc., 6.40%, 08/28/28			6		5,297
Gruenenthal GmbH, 4.13%, 05/15/28^(d)	EUR		100		81,164
Jazz Securities DAC, 4.38%, 01/15/29^(b)	USD		200		172,750
Nidda Healthcare Holding GmbH, 3.50%, 09/30/24^(d)	EUR		100		88,695
Option Care Health, Inc., 4.38%, 10/31/29^(b)	USD		166		140,270
Organon & Co./Organon Foreign Debt Co-Issuer BV^(b)
4.13%, 04/30/28			240		205,200
5.13%, 04/30/31^(e)			387		317,015
PRA Health Sciences, Inc., 2.88%, 07/15/26^(b)			400		351,939
Prestige Brands, Inc., 3.75%, 04/01/31^(b)			101		78,467
Teva Pharmaceutical Finance Netherlands II BV,
6.00%, 01/31/25	EUR		100		95,665
Teva Pharmaceutical Finance Netherlands III BV, 7.13%, 01/31/25	USD		200		194,350
Utah Acquisition Sub, Inc., 3.95%, 06/15/26			750		683,762


					12,783,730

Real Estate — 0.0%
VICI Properties LP/VICI Note Co., Inc., 4.50%, 01/15/28^(b)			68		60,329


Real Estate Management & Development — 0.5%
Adler Group SA, 2.75%, 11/13/26^(d)	EUR		100		49,003


Security		Par (000)		Value

Real Estate Management & Development (continued)
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26^(b)	USD		200	$	178,350
China SCE Group Holdings Ltd., 7.38%, 04/09/24^(d)			200		45,725
CIFI Holdings Group Co. Ltd., 6.45%, 11/07/24^(d)			200		43,250
Country Garden Holdings Co. Ltd., 6.50%, 04/08/24^(d)			200		79,663
DIC Asset AG, 2.25%, 09/22/26^(d)	EUR		100		69,811
Fantasia Holdings Group Co. Ltd.^(d)(k)(l)
11.75%, 10/17/22	USD		200		17,000
10.88%, 01/09/23			307		26,095
11.88%, 06/01/23			400		34,000
9.25%, 07/28/23			300		25,500
Global Prime Capital Pte. Ltd.^(d)
5.50%, 10/18/23			200		197,725
5.95%, 01/23/25			200		186,037
Howard Hughes Corp.^(b)
4.13%, 02/01/29			74		57,165
4.38%, 02/01/31			80		57,464
Kaisa Group Holdings Ltd., 11.95%, 11/12/23^(d)(k)(l)			259		25,253
KWG Group Holdings Ltd., 5.88%, 11/10/24^(d)			200		38,000
MAF Sukuk Ltd.^(d)
4.64%, 05/14/29			200		190,975
3.93%, 02/28/30			200		182,037
Modern Land China Co. Ltd., 9.80%, 04/11/23^(d)(k)(l)			200		31,000
Realogy Group LLC/Realogy Co.-Issuer Corp.^(b)
5.75%, 01/15/29			180		129,825
5.25%, 04/15/30			91		61,797
Ronshine China Holdings Ltd., 7.35%, 12/15/23^(d)(k)(l)			200		11,000
Shimao Group Holdings Ltd., 3.45%, 01/11/31^(d)(k)(l)			200		23,500
Shui On Development Holding Ltd., 5.50%, 03/03/25^(d).			282		186,120
Starwood Property Trust, Inc., 4.38%, 01/15/27^(b)			52		44,329
Theta Capital Pte. Ltd., 8.13%, 01/22/25^(d)			200		154,412
Times China Holdings Ltd., 6.20%, 03/22/26^(d)			311		37,320
Wanda Properties Overseas Ltd., 6.88%, 07/23/23^(d)			200		157,000
Yanlord Land HK Co. Ltd., 6.75%, 04/23/23^(d)			250		231,250
Yuzhou Group Holdings Co. Ltd.^(d)(k)(l)
8.38%, 10/30/24			200		12,500
7.70%, 02/20/25			263		16,438
7.38%, 01/13/26			200		12,500
6.35%, 01/13/27			200		12,500
Zhenro Properties Group Ltd., 7.88%, 04/14/24^(d)(k)(l)			200		8,000


					2,632,544

Road & Rail — 1.1%
Burlington Northern Santa Fe LLC, 5.75%, 05/01/40			1,890		1,912,926
CSX Corp., 4.75%, 05/30/42			350		309,236
Danaos Corp., 8.50%, 03/01/28^(b)			100		95,946
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34^(b)			2,400		2,268,291
Norfolk Southern Corp.
4.15%, 02/28/48			1,300		1,039,746
3.16%, 05/15/55			400		255,670
Seaspan Corp., 5.50%, 08/01/29^(b)			205		161,950
Union Pacific Corp., 3.84%, 03/20/60			800		594,035


					6,637,800

Semiconductors & Semiconductor Equipment — 1.0%
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.88%, 01/15/27			2,850		2,621,656
Broadcom, Inc., 3.46%, 09/15/26			735		682,916
Entegris Escrow Corp., 4.75%, 04/15/29^(b)			1,226		1,079,891
Microchip Technology, Inc.^(f)
0.13%, 11/15/24			220		222,761
1.63%, 02/15/25			53		142,070


Security		Par (000)		Value

Semiconductors & Semiconductor Equipment (continued)
QUALCOMM, Inc., 4.65%, 05/20/35	USD		250	$	234,556
Sensata Technologies BV^(b)
5.00%, 10/01/25			70		66,785
4.00%, 04/15/29			159		131,571
5.88%, 09/01/30			200		187,132
Sensata Technologies, Inc.^(b)
4.38%, 02/15/30			479		400,209
3.75%, 02/15/31			13		10,240
Synaptics, Inc., 4.00%, 06/15/29^(b)			151		121,563


					5,901,350

Software — 2.1%
ACI Worldwide, Inc., 5.75%, 08/15/26^(b)			262		247,511
Black Knight InfoServ LLC, 3.63%, 09/01/28^(b)			255		217,387
Boxer Parent Co., Inc.
6.50%, 10/02/25^(d)	EUR		100		91,635
7.13%, 10/02/25^(b)	USD		187		183,274
9.13%, 03/01/26^(b)			948		911,028
Elastic NV, 4.13%, 07/15/29^(b)			254		200,619
Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL, 4.63%, 05/01/28^(b)			200		149,400
Iron Mountain Information Management Services, Inc., 5.00%, 07/15/32^(b)			156		120,758
Microsoft Corp., 3.50%, 11/15/42^(e)			4,000		3,273,929
MicroStrategy, Inc., 6.13%, 06/15/28^(b)(e)			305		251,305
MSCI, Inc.^(b)
4.00%, 11/15/29			51		44,049
3.63%, 09/01/30			81		66,647
3.88%, 02/15/31			14		11,787
3.63%, 11/01/31			96		77,023
3.25%, 08/15/33			124		95,757
Open Text Corp., 3.88%, 12/01/29^(b)			251		193,328
Open Text Holdings, Inc., 4.13%, 02/15/30^(b)			104		83,055
Oracle Corp.
5.38%, 07/15/40^(e)			3,025		2,520,982
4.00%, 11/15/47			400		268,020
3.60%, 04/01/50			1,250		782,128
Picard Midco, Inc., 6.50%, 03/31/29			1,420		1,199,474
Playtika Holding Corp., 4.25%, 03/15/29^(b)			354		283,108
PTC, Inc., 4.00%, 02/15/28^(b)			35		30,610
SS&C Technologies, Inc., 5.50%, 09/30/27^(b)			837		763,506
Veritas U.S., Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25^(b)			222		170,018


					12,236,338

Specialty Retail — 0.1%
Arko Corp., 5.13%, 11/15/29^(b)			123		95,940
Carvana Co., 10.25%, 05/01/30^(b)			113		75,427
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 02/15/29^(b)			493		440,712
Staples, Inc., 7.50%, 04/15/26^(b)			157		131,819
Tendam Brands SAU, (3 mo. EURIBOR + 5.25%), 5.52%, 09/15/24^(a)(d)	EUR		100		92,468


					836,366

Technology Hardware, Storage & Peripherals — 0.5%
Apple, Inc., 4.65%, 02/23/46	USD		2,400		2,244,268
Coherent Corp., 5.00%, 12/15/29^(b)			574		474,813


					2,719,081

Textiles, Apparel & Luxury Goods^(b)— 0.0%
Crocs, Inc.
4.25%, 03/15/29			15		11,925


Security		Par (000)		Value

Textiles, Apparel & Luxury Goods (continued)
Crocs, Inc. (continued)
4.13%, 08/15/31	USD		99	$	75,357
Kontoor Brands, Inc., 4.13%, 11/15/29			67		53,381
Levi Strauss & Co., 3.50%, 03/01/31			154		120,120


					260,783

Thrifts & Mortgage Finance^(b)— 0.1%
Home Point Capital, Inc., 5.00%, 02/01/26			116		72,645
Nationstar Mortgage Holdings, Inc.
6.00%, 01/15/27			33		28,174
5.13%, 12/15/30			69		50,039
5.75%, 11/15/31			66		48,402
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc., 2.88%, 10/15/26			302		247,640


					446,900

Tobacco — 0.9%
Altria Group, Inc.
5.38%, 01/31/44			2,000		1,619,134
3.88%, 09/16/46			1,250		790,361
Reynolds American, Inc.
4.45%, 06/12/25			635		613,484
7.00%, 08/04/41			1,000		933,026
5.85%, 08/15/45			1,500		1,176,587


					5,132,592

Transportation — 0.0%
Autostrade per l’Italia SpA, 2.00%, 12/04/28^(d)	EUR		100		75,442


Transportation Infrastructure — 0.5%
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29^(b)	USD		200		184,600
DP World Salaam, (5 year CMT + 5.75%), 6.00%^(a)(d)(h)			200		192,813
FedEx Corp., 4.75%, 11/15/45			1,250		1,007,200
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27^(d)			200		162,538
i-595 Express LLC, 3.31%, 12/31/31^(a)(c)			712		659,872
Transurban Finance Co. Pty. Ltd., 4.13%, 02/02/26^(b)			580		553,416


					2,760,439

Utilities — 1.3%
Consensus Cloud Solutions, Inc.^(b)
6.00%, 10/15/26			48		42,297
6.50%, 10/15/28			45		38,199
Electricite de France SA^(b)
5.60%, 01/27/40^(e)			2,800		2,422,210
(10 year USD Swap + 3.71%), 5.25%^(a)(h)			4,200		3,891,720
FEL Energy VI SARL, 5.75%, 12/01/40			188		128,721
Genneia SA, 8.75%, 09/02/27^(b)			92		85,382
Inkia Energy Ltd., 5.88%, 11/09/27^(b)			200		184,000
Mong Duong Finance Holdings BV, 5.13%, 05/07/29^(d).			576		447,120
Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 08/15/28^(b)			69		59,820
Star Energy Geothermal Wayang Windu Ltd., 6.75%, 04/24/33^(d)			214		193,488
Thames Water Kemble Finance PLC, 4.63%, 05/19/26^(d)	GBP		168		155,686
Vistra Operations Co. LLC^(b)
5.50%, 09/01/26	USD		12		11,130


Security		Par (000)		Value

Utilities (continued)
Vistra Operations Co. LLC^(b)(continued)
5.00%, 07/31/27	USD		12	$	10,839
4.38%, 05/01/29			110		91,490


					7,762,102

Wireless Telecommunication Services — 1.2%
Altice France SA^(b)
5.13%, 07/15/29			544		406,428
5.50%, 10/15/29			321		241,515
Crown Castle, Inc., 3.10%, 11/15/29			1,000		840,396
Kenbourne Invest SA, 6.88%, 11/26/24^(b)			210		194,946
Millicom International Cellular SA, 4.50%, 04/27/31^(b)			200		143,500
Rogers Communications, Inc., 7.50%, 08/15/38			2,325		2,559,634
SBA Communications Corp.
3.13%, 02/01/29			321		258,171
3.88%, 02/15/27			367		325,496
Sprint Corp., 7.63%, 03/01/26			234		242,034
T-Mobile USA, Inc., 4.50%, 04/15/50			500		400,277
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 02/15/29^(b)			239		160,180
VICI Properties LP/VICI Note Co., Inc.^(b)
3.50%, 02/15/25			75		69,327
4.63%, 06/15/25			33		31,054
4.50%, 09/01/26			6		5,479
4.25%, 12/01/26			12		10,831
4.63%, 12/01/29			139		120,588
4.13%, 08/15/30			188		157,021
Vmed O2 U.K. Financing I PLC
4.50%, 07/15/31^(d)	GBP		100		78,996
4.75%, 07/15/31^(b)	USD		452		348,716
Vodafone Group PLC, 4.25%, 09/17/50			700		500,886


					7,095,475


Total Corporate Bonds — 72.6% (Cost: $491,147,622)					424,889,934


Floating Rate Loan Interests^(a)

Aerospace & Defense — 0.2%
Cobham Ultra U.S. Co-Borrower LLC, USD Term Loan B, (6 mo. LIBOR + 3.75%, 0.50% Floor), 7.06%, 08/03/29			52		49,660
Peraton Corp.
2nd Lien Term Loan B1, (1 mo. LIBOR + 7.75%, 0.75% Floor), 10.57%, 02/01/29			404		406,694
Term Loan B, (1 mo. LIBOR + 3.75%, 0.75% Floor), 6.87%, 02/01/28			539		510,211
Spirit Aerosystems, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.75%, 0.50% Floor), 6.87%, 01/15/25			136		134,030


					1,100,595

Air Freight & Logistics — 0.0%
AIT Worldwide Logistics Holdings, Inc., 2021 Term Loan, (3 mo. LIBOR + 4.75%, 0.75% Floor), 7.04%, 04/06/28			76		69,465
PECF USS Intermediate Holding III Corp., Term Loan B, (1 mo. LIBOR + 4.25%, 0.50% Floor), 7.37%, 12/15/28			253		215,325


					284,790


Security		Par (000)		Value

Airlines — 0.2%
AAdvantage Loyalty IP Ltd., 2021 Term Loan, (3 mo. LIBOR + 4.75%, 0.75% Floor), 7.46%, 04/20/28	USD		433	$	418,498
Air Canada, 2021 Term Loan B, (3 mo. LIBOR + 3.50%, 0.75% Floor), 6.42%, 08/11/28			236		224,377
Mileage Plus Holdings LLC, 2020 Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 8.78%, 06/21/27			134		133,805
United Airlines, Inc., 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 6.53%, 04/21/28			432		411,936


					1,188,616

Auto Components — 0.0%
Clarios Global LP, 2021 USD Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 04/30/26			69		65,083


Banks — 0.1%
Directv Financing LLC, Term Loan, (1 mo. LIBOR + 5.00%, 0.75% Floor), 8.12%, 08/02/27			645		599,585


Beverages — 0.0%
Naked Juice LLC, 2nd Lien Term Loan, (3 mo. SOFR + 6.00%, 0.50% Floor), 9.65%, 01/24/30			20		18,100


Capital Markets — 0.1%
AqGen Ascensus, Inc., 2021 2nd Lien Term Loan, (3 mo. LIBOR + 6.50%, 0.50% Floor), 8.81%, 08/02/29			122		109,132
Deerfield Dakota Holding LLC
2020 USD Term Loan B, (1 mo. SOFR CME + 3.75%, 1.00% Floor), 6.78%, 04/09/27			104		98,176
2021 USD 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%, 0.75% Floor), 9.87%, 04/07/28^(c)			145		139,925


					347,233

Chemicals — 0.1%
Ascend Performance Materials Operations LLC,
2021 Term Loan B, (6 mo. SOFR CME + 4.75%, 0.75% Floor), 8.83%, 08/27/26			249		243,674
Discovery Purchaser Corp., 0.00%, 10/04/29^(m)			362		330,325
New Arclin U.S. Holding Corp., 2021 Term Loan , (1 mo. LIBOR + 3.75%, 0.50% Floor), 6.87%, 09/30/28			110		101,378
W.R. Grace Holdings LLC, 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.50% Floor), 7.44%, 09/22/28			212		197,397


					872,774

Commercial Services & Supplies — 0.1%
Propulsion BC Finco SARL, Term Loan, (3 mo. SOFR + 4.00%, 0.50% Floor), 6.28%, 09/14/29^(c)			138		130,755
Verscend Holding Corp., 2021 Term Loan B, (1 mo. LIBOR + 4.00%), 7.12%, 08/27/25			630		609,440


					740,195

Communications Equipment — 0.0%
ViaSat, Inc., Term Loan, (1 mo. SOFR CME + 4.50%, 0.50% Floor), 7.65%, 03/02/29			223		196,690


Construction & Engineering — 0.2%
Brand Energy & Infrastructure Services, Inc.,
2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 6.95%, 06/21/24			1,334		1,157,351


Security		Par (000)			Value

Construction Materials — 0.0%
BCPE Empire Holdings, Inc., 2022 Incremental Term Loan, (1 mo. SOFR CME + 4.62%, 0.50% Floor), 7.76%, 06/11/26	USD		27		$	25,589


Containers & Packaging — 0.1%
BWAY Holding Co., 2017 Term Loan B, (1 mo. LIBOR + 3.25%), 5.81%, 04/03/24			205			190,724
Clydesdale Acquisition Holdings, Inc., Term Loan B, (1 mo. SOFR CME + 4.17%, 0.50% Floor), 7.31%, 04/13/29			112			105,219


						295,943

Diversified Consumer Services — 0.1%
Amentum Government Services Holdings LLC, Term Loan B, (1 mo. LIBOR + 4.00%), 7.80%, 01/29/27			41			39,071
Ascend Learning LLC, 2021 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%, 0.50% Floor), 8.87%, 12/10/29			83			71,847
Sotheby’s, 2021 Term Loan B, (3 mo. LIBOR + 4.50%, 0.50% Floor), 7.01%, 01/15/27			113			108,587
TruGreen LP, 2020 2nd Lien Term Loan, (1 mo. LIBOR + 8.50%, 0.75% Floor), 11.62%, 11/02/28^(c)			106			93,280


						312,785

Diversified Financial Services — 0.2%
Advisor Group, Inc., 2021 Term Loan, (1 mo. LIBOR + 4.50%), 7.62%, 07/31/26			—	⁽ⁿ⁾		32
Delta TopCo, Inc., 2020 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 6.83%, 12/01/27			114			103,085
EP Purchaser LLC, 2021 Term Loan B, (3 mo. LIBOR + 3.50%, 0.50% Floor), 7.17%, 11/06/28			101			98,867
Gainwell Acquisition Corp., Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.67%, 10/01/27			332			315,337
I-Logic Technologies Bidco Ltd., 2021 USD Term Loan B, (3 mo. SOFR CME + 4.00%, 0.50% Floor), 7.70%, 02/16/28			66			62,787
KKR Apple Bidco LLC
2021 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%, 0.50% Floor), 8.87%, 09/21/29			18			17,160
2021 Term Loan, (1 mo. LIBOR + 2.75%, 0.50% Floor), 5.87%, 09/23/28			66			62,643
Radiate Holdco LLC, 2021 Term Loan B, (1 mo. LIBOR + 3.25%, 0.75% Floor), 6.37%, 09/25/26			39			35,722
Veritas U.S., Inc., 2021 USD Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 8.67%, 09/01/25			185			146,244
White Cap Buyer LLC, Term Loan B, (1 mo. SOFR CME + 3.75%), 6.78%, 10/19/27			300			280,034


						1,121,911

Diversified Telecommunication Services — 0.0%
Frontier Communications Corp., 2021 DIP Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 7.44%, 05/01/28			195			180,890


Food Products — 0.0%
Chobani LLC, 2020 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 6.62%, 10/25/27			33			29,898


Gas Utilities — 0.0%
Freeport LNG Investments LLLP, Term Loan B, (3 mo. LIBOR + 3.50%, 0.50% Floor), 6.21%, 12/21/28			172			158,563


Security		Par (000)			Value

Health Care Providers & Services — 0.1%
Da Vinci Purchaser Corp., 2019 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 7.46%, 01/08/27	USD		118		$	111,267
Envision Healthcare Corp.
2022 1st Out Term Loan, (3 mo. SOFR CME + 7.87%, 1.00% Floor), 10.53%, 03/31/27			40			38,122
2022 2nd Out Term Loan, (3 mo. SOFR CME + 4.25%, 1.00% Floor), 6.83%, 03/31/27			266			115,572
Quorum Health Corp., 2020 Term Loan, (3 mo. LIBOR + 8.25%, 1.00% Floor), 10.60%, 04/29/25			116			77,442
RegionalCare Hospital Partners Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 6.87%, 11/16/25			76			70,943


						413,346

Health Care Technology — 0.2%
Athenahealth, Inc., 2022 Term Loan B, (1 mo. SOFR CME + 3.50%, 0.50% Floor), 6.58%, 02/15/29			913			816,564
Polaris Newco LLC, USD Term Loan B, (1 mo. LIBOR + 4.00%, 0.50% Floor), 7.67%, 06/02/28			120			110,231


						926,795

Hotels, Restaurants & Leisure — 0.0%
Fertitta Entertainment LLC, 2022 Term Loan B, (1 mo. SOFR + 4.00%, 0.50% Floor), 7.03%, 01/27/29			170			157,670
Great Canadian Gaming Corp., 2021 Term Loan, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.60%, 11/01/26			38			36,195
IRB Holding Corp., 2022 Term Loan B, (1 mo. SOFR + 3.00%, 0.75% Floor), 5.70%, 12/15/27			—	⁽ⁿ⁾		281


						194,146

Household Durables — 0.1%
Hunter Douglas Inc., USD Term Loan B1, (3 mo. SOFR CME + 3.50%), 6.34%, 02/26/29			147			120,019
Springs Windows Fashions LLC, 2021 Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.60%, 10/06/28			283			220,621


						340,640

Industrial Conglomerates — 0.0%
AVSC Holding Corp., 2018 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor), 10.06%, 09/01/25			156			126,018
Sequa Mezzanine Holdings LLC, 2020 Extended Term Loan, (3 mo. LIBOR + 6.75%, 1.00% Floor), 9.76%, 11/28/23			57			56,338


						182,356

Insurance — 0.1%
Alliant Holdings Intermediate LLC, 2021 Term Loan B4, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.49%, 11/06/27			94			88,731
Sedgwick Claims Management Services, Inc. 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 12/31/25			92			86,718
2019 Term Loan B, (1 mo. LIBOR + 3.75%), 6.87%, 09/03/26			139			132,818
2020 Term Loan B3, (1 mo. LIBOR + 4.25%, 1.00% Floor), 7.37%, 09/03/26			51			49,402


						357,669


Security		Par (000)		Value

Interactive Media & Services — 0.0%
Grab Holdings, Inc., Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 7.62%, 01/29/26	USD		79	$	73,849


IT Services — 0.1%
Boxer Parent Co., Inc.
2021 USD 2nd Lien Term Loan, (1 mo. LIBOR + 5.50%, 0.50% Floor), 8.62%, 02/27/26			279		258,075
2021 USD Term Loan, (1 mo. LIBOR + 3.75%), 6.87%, 10/02/25			45		42,981
Greeneden U.S. Holdings II LLC, 2020 USD Term Loan B4, (1 mo. LIBOR + 4.00%, 0.75% Floor), 7.12%, 12/01/27			233		221,395
PUG LLC, USD Term Loan, (1 mo. LIBOR + 3.50%), 6.62%, 02/12/27^(c)			110		94,797


					617,248

Leisure Products — 0.0%
Peloton Interactive, Inc., Term Loan, (6 mo. SOFR CME + 6.50%, 0.50% Floor), 8.35%, 05/25/27			71		68,963


Machinery — 0.2%
MHI Holdings LLC, Term Loan B, (1 mo. LIBOR + 5.00%), 8.12%, 09/21/26			228		223,179
SPX Flow, Inc., 2022 Term Loan, (1 mo. SOFR CME + 4.50%, 0.50% Floor), 7.63%, 04/05/29			212		195,570
Titan Acquisition Ltd., 2018 Term Loan B, (6 mo. LIBOR + 3.00%), 5.88%, 03/28/25			575		513,921


					932,670

Media — 0.3%
Altice Financing SA, 2017 USD Term Loan B, (3 mo. LIBOR + 2.75%), 5.26%, 07/15/25			23		21,428
Altice France SA, 2018 Term Loan B13, (3 mo. LIBOR + 4.00%), 6.91%, 08/14/26^(c)			94		85,024
Clear Channel Outdoor Holdings, Inc., Term Loan B, (3 mo. LIBOR + 3.50%), 6.31%, 08/21/26			589		524,278
Intelsat Jackson Holdings SA, 2021 Exit Term Loan B, (6 mo. SOFR + 4.50%, 0.50% Floor), 7.44%, 02/01/29			225		210,927
MH Sub I LLC
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 6.62%, 09/13/24			89		85,113
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.87%, 09/13/24			206		195,260
2021 2nd Lien Term Loan, (1 mo. SOFR CME + 6.25%), 9.28%, 02/23/29			35		32,696
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR + 3.00%), 6.12%, 03/09/27			387		321,897


					1,476,623

Metals & Mining — 0.0%
Grinding Media, Inc., 2021 Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 7.51%, 10/12/28^(c)			63		56,386


Oil, Gas & Consumable Fuels — 0.3%
Ascent Resources Utica Holdings LLC, 2020 Fixed 2nd Lien Term Loan, (3 mo. LIBOR + 9.00%, 1.00% Floor), 11.46%, 11/01/25			1,541		1,615,717


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Lealand Finance Co. BV, 2020 Make Whole Term Loan, (1 mo. LIBOR + 3.00%), 6.12%, 06/28/24	USD		9	$	5,013
M6 ETX Holdings II Midco LLC, Term Loan B, (3 mo. SOFR CME + 4.50%, 0.50% Floor), 7.99%, 09/19/29			118		115,640


					1,736,370

Professional Services — 0.1%
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR + 3.25%), 6.33%, 02/06/26			110		106,243
Element Materials Technology Group U.S. Holdings, Inc.
2022 USD Delayed Draw Term Loan, (3 mo. LIBOR + 4.25%, 0.50% Floor), 7.90%, 07/06/29			40		36,861
2022 USD Term Loan, (3 mo. SOFR CME + 4.25%, 0.50% Floor), 7.90%, 07/06/29			85		79,866
Galaxy U.S. Opco, Inc., Term Loan, (1 mo. SOFR CME + 4.75%, 0.50% Floor), 7.78%, 04/29/29^(c)			140		131,250


					354,220

Real Estate Management & Development — 0.0%
Chamberlain Group, Inc., Term Loan B, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 11/03/28			248		224,863


Software — 0.8%
Central Parent, Inc., 2022 USD Term Loan B, (3 mo. SOFR CME + 4.50%, 0.50% Floor), 6.61%, 07/06/29			119		114,416
Cloudera, Inc.^(c)
2021 Second Lien Term Loan, (1 mo. LIBOR + 6.00%, 0.50% Floor), 9.12%, 10/08/29			234		196,258
2021 Term Loan, (1 mo. LIBOR + 3.75%, 0.50% Floor), 6.87%, 10/08/28			228		199,539
Digicel International Finance Ltd., 2017 Term Loan B, (1 mo. LIBOR + 3.25%), 6.37%, 05/28/24			374		332,780
Epicor Software Corp.
2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 10.87%, 07/31/28			62		60,264
2020 Term Loan, (1 mo. LIBOR + 3.25%, 0.75% Floor), 6.37%, 07/30/27			90		83,946
Helios Software Holdings, Inc., 2021 USD Term Loan B, (3 mo. SOFR CME + 3.75%), 7.45%, 03/11/28			80		75,801
Magenta Buyer LLC
2021 USD 1st Lien Term Loan, (1 mo. LIBOR + 4.75%, 0.75% Floor), 7.87%, 07/27/28			567		510,541
2021 USD 2nd Lien Term Loan, (1 mo. LIBOR + 8.25%, 0.75% Floor), 11.37%, 07/27/29			280		256,432
McAfee LLC, 2022 USD Term Loan B, (1 mo. SOFR CME + 3.75%), 6.36%, 03/01/29			475		432,218
Planview Parent, Inc., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 0.75% Floor), 10.92%, 12/18/28^(c)			103		97,850
Proofpoint, Inc.
1st Lien Term Loan, (3 mo. LIBOR + 3.25%, 0.50% Floor), 6.32%, 08/31/28			19		17,958
2nd Lien Term Loan, (3 mo. LIBOR + 6.25%, 0.50% Floor), 9.32%, 08/31/29			250		239,496
RealPage, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 0.50% Floor), 6.12%, 04/24/28			218		203,704
Renaissance Holding Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 6.37%, 05/30/25			10		8,909


Security		Par (000)			Value

Software (continued)
Sabre Global, Inc.
2021 Term Loan B1, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 12/17/27	USD		67		$	60,142
2021 Term Loan B2, (1 mo. LIBOR + 3.50%, 0.50% Floor), 6.62%, 12/17/27			107			95,871
Sophia LP, 2021 Term Loan B, (3 mo. LIBOR + 3.50%, 0.50% Floor), 7.17%, 10/07/27			489			469,624
Sovos Compliance LLC, 2021 Term Loan, (1 mo. LIBOR + 4.50%, 0.50% Floor), 7.62%, 08/11/28			118			112,004
Tempo Acquisition LLC, 2022 Term Loan B, (1 mo. SOFR CME + 3.00%), 6.03%, 08/31/28			—	⁽ⁿ⁾		1
Tibco Software, Inc., 2022 USD Term Loan, (3 mo. SOFR CME + 4.50%, 0.50% Floor), 8.02%, 03/20/29^(m)			439			393,375
Ultimate Software Group, Inc.
2021 2nd Lien Term Loan, (3 mo. LIBOR + 5.25%, 0.50% Floor), 7.54%, 05/03/27			295			277,247
2021 Term Loan, (3 mo. LIBOR + 3.25%, 0.50% Floor), 5.54%, 05/04/26			187			177,309
Term Loan B, (1 mo. LIBOR + 3.75%), 6.87%, 05/04/26			144			137,249


						4,552,934

Specialty Retail — 0.0%
Staples, Inc., 7 Year Term Loan, (3 mo. LIBOR + 5.00%), 7.78%, 04/16/26			49			42,731


Textiles, Apparel & Luxury Goods — 0.1%
Crocs, Inc., Term Loan B, (3 mo. SOFR + 3.50%, 0.50% Floor), 7.20%, 02/17/29			560			525,841


Trading Companies & Distributors — 0.0%
Foundation Building Materials Holding Co. LLC,
2021 Term Loan, (3 mo. LIBOR + 3.25%, 0.50% Floor), 6.06%, 01/31/28			68			61,252
SRS Distribution, Inc., 2022 Incremental Term Loan, (3 mo. SOFR CME + 3.50%), 6.18%, 06/02/28			176			161,508


						222,760

Transportation — 0.0%
Brown Group Holding, LLC, 2022 Term Loan B2, (1 mo. SOFR CME + 3.75%, 0.50% Floor), 6.78%, 07/02/29			175			169,239


Total Floating Rate Loan Interests — 3.8% (Cost: $23,783,298)						22,166,240


Foreign Agency Obligations

Bahrain — 0.1%
Bahrain Government International Bond^(d)
6.75%, 09/20/29			200			185,225
5.45%, 09/16/32			200			159,000


						344,225

Canada — 1.1%
CDP Financial, Inc., 5.60%, 11/25/39^(b)(e)			5,890			6,329,873


Chile — 0.0%
Chile Government International Bond, 4.34%, 03/07/42.			200			158,700


Colombia — 0.1%
Colombia Government International Bond 4.50%, 01/28/26			300			274,650


Security		Par (000)		Value

Colombia (continued)
Colombia Government International Bond (continued)
3.88%, 04/25/27	USD		200	$	169,475
3.13%, 04/15/31			400		277,575


					721,700

Dominican Republic — 0.1%
Dominican Republic International Bond
5.95%, 01/25/27^(d)			228		211,441
5.50%, 02/22/29^(b)			160		137,030
4.50%, 01/30/30^(b)			226		177,241
4.88%, 09/23/32^(b)			150		111,919
6.40%, 06/05/49^(d)			150		107,278


					744,909

Egypt — 0.0%
Egypt Government International Bond,
7.50%, 02/16/61^(b)			219		112,238


Guatemala — 0.1%
Guatemala Government Bond
4.50%, 05/03/26^(d)			200		188,412
5.25%, 08/10/29^(b)			200		179,600
5.38%, 04/24/32^(b)			200		174,413


					542,425

Hungary — 0.1%
Hungary Government International Bond
5.38%, 03/25/24			176		172,788
5.25%, 06/16/29^(b)			200		180,350


					353,138

Indonesia — 0.1%
Indonesia Government International Bond,
4.10%, 04/24/28			500		467,437
Perusahaan Penerbit SBSN Indonesia III,
4.40%, 06/06/27^(b)			200		192,000


					659,437

Italy — 0.5%
Republic of Italy Government International Bond, 5.38%, 06/15/33			2,925		2,737,027


Ivory Coast — 0.1%
Ivory Coast Government International Bond,
6.38%, 03/03/28^(d)			400		354,700


Mexico — 0.1%
Mexico Government International Bond
3.75%, 01/11/28			400		367,400
2.66%, 05/24/31			269		206,323


					573,723

Mongolia — 0.0%
Mongolia Government International Bond,
5.13%, 04/07/26^(d)			250		193,777


Morocco — 0.0%
Morocco Government International Bond^(b)
2.38%, 12/15/27			200		163,662
3.00%, 12/15/32			221		154,051


					317,713


Security		Par (000)		Value

Nigeria — 0.0%
Nigeria Government International Bond,
7.88%, 02/16/32^(d)	USD		200	$	127,000


Oman — 0.1%
Oman Government International Bond^(d)
6.50%, 03/08/47			228		176,985
6.75%, 01/17/48			200		159,250
7.00%, 01/25/51			200		164,000


					500,235

Pakistan — 0.0%
Pakistan Government International Bond,
6.00%, 04/08/26^(d)			200		76,022


Panama — 0.1%
Panama Government International Bond
3.88%, 03/17/28			400		362,450
3.16%, 01/23/30			453		367,723


					730,173

Paraguay — 0.1%
Paraguay Government International Bond^(b)
4.95%, 04/28/31			200		177,537
5.40%, 03/30/50			200		146,913


					324,450

Peru — 0.1%
Corp. Financiera de Desarrollo SA, 4.75%, 07/15/25^(d)			200		192,412
Peruvian Government International Bond
2.78%, 01/23/31			126		99,761
1.86%, 12/01/32			358		250,667


					542,840

Qatar — 0.0%
Qatar Government International Bond,
4.00%, 03/14/29^(b)			240		230,100


Romania — 0.1%
Romanian Government International Bond
5.25%, 11/25/27^(b)			204		184,620
2.88%, 03/11/29^(d)	EUR		212		158,724
2.50%, 02/08/30^(d)			222		155,332


					498,676

Saudi Arabia — 0.1%
Saudi Government International Bond^(d)
4.50%, 04/17/30	USD		278		270,702
2.25%, 02/02/33			222		174,270


					444,972

South Africa — 0.1%
Republic of South Africa Government International Bond
4.85%, 09/30/29			200		164,475
5.88%, 04/20/32			200		165,000


					329,475

Sri Lanka — 0.0%
Sri Lanka Government International Bond^(d)(k)(l)
6.85%, 03/14/24			432		105,381
7.85%, 03/14/29			200		48,538


					153,919


Security		Par (000)		Value

Ukraine — 0.0%
Ukraine Government International Bond^(k)(l)
7.75%, 09/01/27^(d)	USD		385	$	77,000
7.25%, 03/15/35^(b)			200		36,500


					113,500

Uruguay — 0.0%
Uruguay Government International Bond,
4.38%, 10/27/27			90		88,583


Total Foreign Agency Obligations — 3.1% (Cost: $20,765,274)					18,303,530


Municipal Bonds

California — 0.9%
East Bay Municipal Utility District Water System Revenue, RB, BAB, 5.87%, 06/01/40			1,900		2,066,651
State of California, GO, BAB
7.55%, 04/01/39			280		344,443
7.63%, 03/01/40			1,720		2,117,052
University of California, RB, BAB, 5.95%, 05/15/45			885		937,758


					5,465,904

Georgia — 0.3%
Municipal Electric Authority of Georgia, Refunding RB,
7.06%, 04/01/57			1,929		1,914,235


Illinois — 0.3%
State of Illinois, GO, 5.10%, 06/01/33			2,000		1,901,160


Indiana — 0.5%
Indianapolis Local Public Improvement Bond Bank, RB, BAB, Series B-2, 6.12%, 01/15/40			2,535		2,652,918


New Jersey — 0.1%
State of New Jersey, GO
Series A, 4.00%, 06/01/30			250		253,623
Series A, 4.00%, 06/01/31			190		192,280
Series A, 4.00%, 06/01/32			180		180,436


					626,339

New York — 1.4%
Metropolitan Transportation Authority, RB, BAB,
7.34%, 11/15/39			1,295		1,561,498
New York City Industrial Development Agency, Refunding RB (AGM), 3.19%, 03/01/40			165		120,176
Class A, (AGM), 3.00%, 01/01/46			50		34,876
New York City Municipal Water Finance Authority, Refunding RB, 5.72%, 06/15/42			1,390		1,478,192
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Series E-1, 4.00%, 02/01/41 .			1,000		908,287
New York State Dormitory Authority, RB, BAB
Series D, 5.60%, 03/15/40			1,900		1,970,467


Security		Par (000)		Value

New York (continued)
New York State Dormitory Authority, RB, BAB (continued) Series F, 5.63%, 03/15/39	USD		1,100	$	1,138,525
Port Authority of New York & New Jersey, RB, 159th Series, 6.04%, 12/01/29			780		819,748


					8,031,769


Total Municipal Bonds — 3.5% (Cost: $20,693,286)					20,592,325


Non-Agency Mortgage-Backed Securities

Collateralized Mortgage Obligations — 6.5%
Alternative Loan Trust
Series 2005-64CB, Class 1A15, 5.50%, 12/25/35			449		394,194
Series 2006-OA21, Class A1, (1 mo. LIBOR US + 0.19%), 3.18%, 03/20/47^(a)			402		318,808
Series 2007-OA10, Class 2A1, (1 mo. LIBOR US + 0.50%), 3.58%, 09/25/47^(a)			4,223		3,365,759
Banc of America Funding Trust, Series 2007-2, Class 1A2, 6.00%, 03/25/37			234		190,186
BRAVO Residential Funding Trust, Series 2021-NQM1, Class A1, 0.94%, 02/25/49^(a)(b)			941		864,406
Chase Home Lending Mortgage Trust, Class A12, 6.50%, 04/25/49^(a)(b)			588		566,760
COLT Mortgage Loan Trust^(b) Class A1, 5.16%, 04/25/67^(o)			2,422		2,349,910
Series 2020-2, Class M1, 5.25%, 03/25/65^(a)			3,050		2,760,947
Series 2020-3, Class M1, 3.36%, 04/27/65^(a)			3,820		3,409,504
Series 2022-1, Class A1, 4.55%, 04/25/67^(a)			1,717		1,635,772
Credit Suisse Mortgage Capital Certificates Trust, Class A1, 5.17%, 05/25/67^(a)(b)			2,972		2,881,037
Deephaven Residential Mortgage Trust, Series 2022-2, Class A1, 4.30%, 03/25/67^(a)(b)			307		291,305
Ellington Financial Mortgage Trust, Series 2020-1, Class M1, 5.24%, 05/25/65^(a)(b)			1,500		1,455,233
GMACM Mortgage Loan Trust, Series 2005-AR3, Class 5A1, 3.18%, 06/19/35^(a)			109		99,731
GS Mortgage-Backed Securities Corp. Trust, Series 2022-PJ2, Class A4, 2.50%, 06/25/52^(a)(b)			1,126		894,360
GS Mortgage-Backed Securities Trust^(a)(b) 2.50%, 11/25/51			971		770,713
Series 2021-PJ7, Class A2, 2.50%, 01/25/52			2,529		2,008,705
GSR Mortgage Loan Trust, Series 2007-4F, Class 3A1, 6.00%, 07/25/37			84		58,959
Homeward Opportunities Fund Trust 2022-1, Class A1, 5.08%, 07/25/67^(b)(o)			1,304		1,265,262
JP Morgan Mortgage Trust
Series 2006-S3, Class 1A12, 6.50%, 08/25/36			42		18,095
Series 2022-INV3, Class A3B, 3.00%, 09/25/52^(a)(b)			802		656,674
Mello Mortgage Capital Acceptance, Series 2022-INV2, Class A3, 3.00%, 04/25/52^(a)(b)			831		685,301
Merrill Lynch Mortgage Investors Trust, Series 2006- A3, Class 3A1, 2.77%, 05/25/36^(a)			161		123,309
MFA Trust, Series 2021-NQM1, Class M1, 2.31%, 04/25/65^(a)(b)			2,750		2,483,635


Security		Par (000)		Value

Collateralized Mortgage Obligations (continued)
OBX Trust, Series 2022-INC3, Class A1, 3.00%, 02/25/52^(a)(b)	USD		737	$	607,612
RCKT Mortgage Trust, Series 2022-2, Class A1, 3.00%, 02/25/52^(a)(b)			1,101		908,184
SG Residential Mortgage Trust, Class A1, 5.35%, 09/25/67^(b)(o)			749		726,569
STAR Trust, Series 2021-1, Class M1, 2.36%, 05/25/65^(a)(b)			2,050		1,899,404
Starwood Mortgage Residential Trust, Series 2020-3, Class M1, 3.54%, 04/25/65^(a)(b)			2,000		1,894,780
Verus Securitization Trust^(b)(o) Class A1, 5.15%, 07/25/67			1,814		1,786,426
Series 2022-3, Class A1, 4.13%, 02/25/67			916		839,286

					38,210,826

Commercial Mortgage-Backed Securities^(a)— 5.0%
BAMLL Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.72%, 04/14/33^(b)			4,170		3,791,959
Bayview Commercial Asset Trust, Series 2007-2A, Class A1, (1 mo. LIBOR US + 0.27%), 3.35%, 07/25/37^(b)			737		645,638
Citigroup Commercial Mortgage Trust
Series 2013-GC15, Class B, 5.34%, 09/10/46			7,183		7,077,070
Series 2020-420K, Class D, 3.42%, 11/10/42^(b)			270		198,363
COMM Mortgage Trust
Series 2015-CR22, Class C, 4.21%, 03/10/48			5,000		4,609,817
Series 2015-LC19, Class C, 4.36%, 02/10/48			3,500		3,249,126
Commercial Mortgage Trust, Series 2013-CR11, Class B, 5.28%, 08/10/50			7,000		6,907,183
Credit Suisse Mortgage Capital Certificates Trust, Series 2020-FACT, Class D, (1 mo. LIBOR US + 3.71%), 6.53%, 10/15/37^(b)			900		848,874
Extended Stay America Trust, Series 2021-ESH, Class D, (1 mo. LIBOR US + 2.25%), 5.07%, 07/15/38^(b)			825		789,783
Lehman Brothers Small Balance Commercial Mortgage Trust, Series 2006-1A, Class B, (1 mo. LIBOR US + 1.00%), 4.08%, 04/25/31^(b)			1,323		1,301,899

					29,419,712


Total Non-Agency Mortgage-Backed Securities —11.5% (Cost: $72,521,424)					67,630,538


Preferred Securities

Capital Trusts — 7.0%

Automobiles — 0.0%
Volkswagen International Finance NV, 4.38%^(a)(d)(h)	EUR		100		76,441


Banks^(a)(h)— 2.0%
Banco Mercantil del Norte SA, 6.75%^(b)	USD		200		185,538
Bank of East Asia Ltd., 5.88%^(d)			250		226,250
Credit Agricole SA, 4.75%^(b)			200		137,812
Industrial & Commercial Bank of China Ltd., 3.20%^(d)			250		228,750
ING Groep NV, 3.88%			2,000		1,299,700
Kasikornbank PCL, 5.28%^(d)			300		265,087
Nordea Bank Abp, 6.13%^(b)			2,960		2,763,090
PNC Financial Services Group, Inc., Series V, 6.20%			205		193,725
Rizal Commercial Banking Corp., 6.50%^(d)			200		183,250


Security		Par (000)		Value

Banks (continued)
SVB Financial Group, Series C, 4.00%	USD		2,000	$	1,518,431
TMBThanachart Bank PCL, 4.90%^(d)			250		223,094
U.S. Bancorp, 3.70%			1,900		1,434,215
Wells Fargo & Co., Series S, 5.90%			3,390		3,084,258


					11,743,200

Capital Markets — 0.4%
Bank of New York Mellon Corp., Series I, 3.75%^(a)(e)(h).			2,845		2,197,762


Diversified Financial Services^(a)(h)— 3.7%
Bank of America Corp.
Series FF, 5.88%^(e)			3,500		3,001,250
Series X, 6.25%			1,050		1,014,562
Barclays PLC, 4.38%			310		191,053
Credit Suisse Group AG, 6.38%^(b)			300		218,250
HSBC Holdings PLC
6.50%			1,090		912,239
6.00%			435		360,398
JPMorgan Chase & Co.
Series FF, 5.00%			3,027		2,729,597
Series HH, 4.60%			165		143,732
Series I, 6.28%^(e)			3,581		3,580,948
Series V, 5.60%			3,640		3,640,000
Lloyds Banking Group PLC, 7.50%			1,750		1,596,875
NatWest Group PLC, 6.00%			1,575		1,374,187
Societe Generale SA, 7.88%^(b)			1,000		958,750
UBS Group AG, 3.88%^(b)			2,000		1,509,700
Woori Bank, 4.25%^(d)			250		233,563


					21,465,104

Electric Utilities^(a)— 0.4%
Edison International, Series B, 5.00%^(h)			115		90,850
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79			2,750		2,398,600


					2,489,450

Independent Power and Renewable Electricity Producers — 0.0%
Vistra Corp., 7.00%^(a)(b)(h)			162		141,428


Insurance — 0.5%
Heungkuk Life Insurance Co. Ltd., 4.48%^(a)(d)(h)			200		197,538
MetLife, Inc., 6.40%, 12/15/66			2,554		2,462,750


					2,660,288

Real Estate Management & Development — 0.0%
Aroundtown SA, 3.38%^(a)(d)(h)	EUR		100		63,703


Utilities — 0.0%
Electricite de France SA, 3.38%^(a)(d)(h)			200		132,919


Wireless Telecommunication Services — 0.0%
Vodafone Group PLC, 3.10%, 01/03/79^(a)(d)			100		94,085


					41,064,380


Security		Shares			Value

Preferred Stocks — 0.7%^(a)(h)
Capital Markets — 0.7%
Goldman Sachs Group, Inc., Series J, 5.50%			92,000		$	2,275,160
Morgan Stanley, Series K, 5.85%			66,567			1,612,918


						3,888,078

Thrifts & Mortgage Finance — 0.0%
Fannie Mae, Series S			10,000			36,800


						3,924,878

Trust Preferred — 0.1%

Banks — 0.1%
Citigroup Capital XIII, 10/30/40^(a)			29,583			825,366


						825,366


Total Preferred Securities — 7.8%
(Cost: $52,841,015)						45,814,624


		Par (000)

U.S. Government Sponsored Agency Securities

Agency Obligations — 1.0%
Fannie Mae, 5.63%, 07/15/37^(e)	USD		1,600			1,804,994
Resolution Funding Corp. Principal Strip, 0.00%, 04/15/30^(g)			6,055			4,380,601

						6,185,595

Collateralized Mortgage Obligations^(e)— 5.0%
Fannie Mae REMICS
Series 2015-47, Class GL, 3.50%, 07/25/45			1,636			1,422,553
Series 2022-25, Class KL, 4.00%, 05/25/52			14,500			13,167,868
Freddie Mac REMICS
Series 4350, Class DY, 4.00%, 06/15/44			1,899			1,807,041
Series 4398, Class ZX, 4.00%, 09/15/54			10,563			9,693,144
Series 4549, Class TZ, 4.00%, 11/15/45			3,219			3,025,021

						29,115,627

Interest Only Collateralized Mortgage Obligations — 0.1%
Fannie Mae REMICS
Series 1997-50, Class SI, (1 mo. LIBOR US + 9.20%), 1.20%, 04/25/23^(a)			—	⁽ⁿ⁾		1
Series 2012-47, Class NI, 4.50%, 04/25/42			964			204,039
Ginnie Mae^(a)
Series 2009-116, Class KS, (1 mo. LIBOR US + 6.47%), 3.53%, 12/16/39			694			52,782
Series 2011-52, Class NS, (1 mo. LIBOR US + 6.67%), 3.73%, 04/16/41			5,813			427,822

						684,644

Mortgage-Backed Securities^(e)— 17.2%
Fannie Mae Mortgage-Backed Securities
4.00%, 10/13/22 - 04/01/56			3,252			3,058,855
4.50%, 07/01/55			3,188			3,126,979
Freddie Mac Mortgage-Backed Securities
3.00%, 04/01/33			1,892			1,765,192
4.50%, 03/01/47			638			625,907
Ginnie Mae Mortgage-Backed Securities, 5.50%, 08/15/33			26			26,427


Security		Par (000)			Value

Mortgage-Backed Securities (continued)
Uniform Mortgage-Backed Securities
5.00%, 08/01/34 - 09/01/37	USD		12,945		$	13,182,318
3.50%, 09/01/34 - 04/01/52			14,361			13,221,617
5.50%, 06/01/38			299			308,541
6.00%, 12/01/38			239			250,700
4.50%, 07/01/41 - 11/14/52^(p)			21,063			20,143,230
4.00%, 12/01/41 - 10/13/52^(p)			36,630			34,188,783
3.00%, 09/01/43 - 12/01/50			12,025			10,655,749


						100,554,298

Principal Only Collateralized Mortgage Obligations^(q)—0.0%
Fannie Mae Interest Strip
Series 203, Class 1, 0.00%, 02/25/23			—	⁽ⁿ⁾		29
Series 228, Class 1, 0.00%, 06/25/23			—	⁽ⁿ⁾		37
Fannie Mae REMICS
Series 1993-51, Class E, 0.00%, 02/25/23			—	⁽ⁿ⁾		94
Series 1993-70, Class A, 0.00%, 05/25/23			—	⁽ⁿ⁾		45


						205


Total U.S. Government Sponsored Agency Securities — 23.3%
(Cost: $145,543,922)						136,540,369


U.S. Treasury Obligations
U.S. Treasury Bonds^(e)
1.88%, 02/15/41 - 02/15/51			29,800			19,913,687
3.00%, 11/15/44			61,401			51,288,189
2.50%, 02/15/46			66,500			50,490,644
2.75%, 11/15/47			2,000			1,599,844
U.S. Treasury Notes^(e)
3.00%, 07/31/24 - 09/30/25			50,400			49,247,531
2.75%, 08/31/25			14,800			14,191,235
2.88%, 08/15/28			1,000			938,164
3.13%, 11/15/28			3,000			2,850,586
1.13%, 02/15/31			19,000			15,384,805


Total U.S. Treasury Obligations — 35.2%
(Cost: $245,419,778)						205,904,685


Total Long-Term Investments — 171.6%
(Cost: $1,142,228,997)						1,005,008,276


		Shares

Short-Term Securities

Money Market Funds — 1.2%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.79%^(r)(s)			6,766,589			6,766,589


Security		Par (000)			Value


U.S. Treasury Obligations — 2.4%
U.S. Treasury Notes, 2.75%, 04/30/23 - 08/31/23^(e)	USD		14,500		$	14,324,355


Total Short-Term Securities — 3.6%
(Cost: $21,291,571)						21,090,944


Options Purchased — 0.0%
(Cost: $1,072)						806


Total Investments Before TBA Sale Commitments and Options Written — 175.2%
(Cost: $1,163,521,640)						1,026,100,026

TBA Sale Commitments

Mortgage-Backed Securities — (1.1)%
Uniform Mortgage-Backed Securities, 4.50%, 10/13/52^(p)			(7,000	)		(6,668,047	)


Total TBA Sale Commitments — (1.1)% (Proceeds: $(6,695,336))						(6,668,047	)


Options Written — (0.0)% (Premiums Received: $(871))						(551	)


Total Investments, Net of TBA Sale Commitments and Options Written — 174.1%
(Cost: $1,156,825,433)						1,019,431,428

Liabilities in Excess of Other Assets — (74.1)%						(433,927,279	)


Net Assets — 100.0%					$585,504,149

^(a)

Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(b)

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(c)

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(d)

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(e)

All or a portion of the security has been pledged as collateral in connection with outstanding reverse repurchase agreements.

^(f)

Convertible security.

(g)

Zero-coupon bond.

^(h)

Perpetual security with no stated maturity date.

⁽ⁱ⁾

Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

^(j)

When-issued security.

^(k)

Issuer filed for bankruptcy and/or is in default.

(l)

Non-income producing security.

^(m)

Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate.

(n)

Rounds to less than 1,000.

^(o)

Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^(p)

Represents or includes a TBA transaction.

^(q)

Rates are discount rates or a range of discount rates as of period end.

(r)

Affiliate of the Trust.

^(s)

Annualized 7-day yield as of period end.

For Trust compliance purposes, the Trust’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the

pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy. The breakdown of the Trust’s financial instruments into major categories is disclosed in the Schedule of Investments above.

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial reporting purposes. As of period end, reverse repurchase agreements of $427,342,989 are categorized as Level 2 within the fair value hierarchy.

A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

The following table summarizes the valuation approaches used and unobservable inputs utilized by the BlackRock Valuation Committee to determine the value of certain of the Trust’s Level 3 financial instruments as of period end.



Affiliated Issuer	Value at 12/31/21		Purchases at Cost		Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 09/30/22	Shares Held at 09/30/22	Income	Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, T-Fund, Institutional Class	$	25,976,159	$	—	$	(19,209,570)^(a)	$	—	$	—	$6,766,589	6,766,589	$70,791	$ —



Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)

Long Contracts
10-Year U.S. Ultra Long Treasury Note		483		12/20/22	$	57,243	$	(3,770,826	)
Ultra U.S. Treasury Bond		283		12/20/22		38,683		(3,163,219	)


								(6,934,045	)

Short Contracts
10-Year Japanese Government Treasury Bonds		12		12/13/22		12,296		21,598
10-Year U.S. Treasury Note		895		12/20/22		100,296		3,991,873
U.S. Long Bond		145		12/20/22		18,343		1,015,024
2-Year U.S. Treasury Note		326		12/30/22		66,932		693,934
5-Year U.S. Treasury Note		104		12/30/22		11,174		62,232

								5,784,661


							$	(1,149,384	)



Currency Purchased		Currency Sold			Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)

USD	362,117		EUR	358,720	Bank of America N.A.		12/14/22	$	8,684
USD	124,148		CAD	164,000	BNY Mellon		12/21/22		5,382
USD	3,495,642		EUR	3,479,000	Morgan Stanley & Co. International PLC		12/21/22		65,220
USD	997,900		GBP	868,000	Bank of America N.A.		12/21/22		27,596

USD	2,913,886		GBP	2,535,000	Bank of America N.A.		12/21/22		80,106


								$	186,988



Reference Obligation/Index	Financing Rate Paid by the Trust			Payment Frequency	Termination Date		Notional Amount (000)	Value	Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)

CDX.NA.HY.39.V1		5.00	%	Quarterly		12/20/27	USD 5,000	$196,024	$	211,444		$	(15,420	)
CDX.NA.IG.39.V1		1.00		Quarterly		12/20/27	USD 26,510	81,370		(37,482	)		118,852


								$277,394	$	173,962		$	103,432


															Upfront
															Premium			Unrealized
Paid by the Trust		Received by the Trust			Effective	Termination				Notional					Paid			Appreciation
Rate	Frequency	Rate		Frequency	Date	Date		Amount (000)				Value			(Received)			(Depreciation)
3-Month LIBOR, 3.75%	Quarterly		1.59%	Semi-Annual	N/A		10/12/31		USD		26,700	$	(4,572,801	)	$	(1,137,329	)	$	(3,435,472	)

1.61%	Semi-Annual		3-Month LIBOR, 3.75%	Quarterly	N/A		03/28/32		USD		26,000		4,650,496			1,165,036			3,485,460

1.66%	Semi-Annual		3-Month LIBOR, 3.75%	Quarterly	N/A		04/25/32		USD		25,400		4,410,309			1,070,470			3,339,839

1.86%	Semi-Annual		3-Month LIBOR, 3.75%	Quarterly	N/A		10/12/41		USD		14,800		3,668,097			823,979			2,844,118

3-Month LIBOR, 3.75%	Quarterly		1.93%	Semi-Annual	N/A		10/22/51		USD		3,550		(937,132	)		(155,778	)		(781,354	)

												$	7,218,969		$	1,766,378		$	5,452,591



Reference Obligation/Index	Financing Rate Received by the Trust			Payment Frequency	Counterparty	Termination Date	Credit Rating^(a)	Notional Amount (000)^(b)			Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Casino, Guichard-Perrachon S.A		5.00	%	Quarterly	JPMorgan Chase Bank N.A.	06/20/23	B		EUR	10	$	(1,831	)	$	(646	)	$	(1,185	)
Novafives S.A.S		5.00		Quarterly	Citibank N.A.	06/20/23	B-		EUR	10		(1,336	)		(501	)		(835	)
Faurecia SE		5.00		Quarterly	JPMorgan Chase Bank N.A.	06/20/25	BB		EUR	10		251			425			(174	)
Virgin Media Finance PLC		5.00		Quarterly	JPMorgan Chase Bank N.A.	12/20/25	B		EUR	10		178			892			(714	)
CMA CGM SA		5.00		Quarterly	JPMorgan Chase Bank N.A.	12/20/26	BB+		EUR	10		(190	)		378			(568	)
Jaguar Land Rover Automotive PLC		5.00		Quarterly	Bank of America N.A.	12/20/26	B+		EUR	10		(1,969	)		(371	)		(1,598	)



Reference Obligation/Index	Financing Rate Received by the Trust			Payment Frequency		Counterparty		Termination Date		Credit Rating^(a)	Notional Amount (000)^(b⁾			Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Jaguar Land Rover Automotive PLC		5.00	%		Quarterly		Barclays Bank PLC		12/20/26	B+		EUR	5	$	(999	)	$	189		$	(1,188	)
Jaguar Land Rover Automotive PLC		5.00			Quarterly		Credit Suisse International		12/20/26	B+		EUR	5		(971	)		194			(1,165	)
Jaguar Land Rover Automotive PLC		5.00			Quarterly		Credit Suisse International		12/20/26	B+		EUR	25		(4,922	)		914			(5,836	)
Jaguar Land Rover Automotive PLC		5.00			Quarterly		Morgan Stanley & Co. International PLC		12/20/26	B+		EUR	25		(4,923	)		1,083			(6,006	)
K&S AG		5.00			Quarterly		JPMorgan Chase Bank N.A.		12/20/26	BB		EUR	10		85			764			(679	)
CMA CGM SA		5.00			Quarterly		Barclays Bank PLC		06/20/27	BB+		EUR	2		(54	)		48			(102	)
CMA CGM SA		5.00			Quarterly		Credit Suisse International		06/20/27	BB+		EUR	40		(1,358	)		1,742			(3,100	)
CMA CGM SA		5.00			Quarterly		Credit Suisse International		06/20/27	BB+		EUR	9		(300	)		284			(584	)
CMA CGM SA		5.00			Quarterly		JPMorgan Chase Bank N.A.		06/20/27	BB+		EUR	9		(301	)		309			(610	)
CMA CGM SA		5.00			Quarterly		JPMorgan Chase Bank N.A.		06/20/27	BB+		EUR	8		(283	)		290			(573	)
CMA CGM SA		5.00			Quarterly		JPMorgan Chase Bank N.A.		06/20/27	BB+		EUR	2		(80	)		82			(162	)
Ladbrokes Coral Group Ltd		1.00			Quarterly		JPMorgan Chase Bank N.A.		06/20/27	BB		EUR	10		(1,771	)		(1,058	)		(713	)
Ladbrokes Coral Group Ltd		1.00			Quarterly		JPMorgan Chase Bank N.A.		06/20/27	BB		EUR	30		(5,311	)		(5,063	)		(248	)
Adler Real Estate AG		5.00			Quarterly		Bank of America N.A.		12/20/27	CCC		EUR	5		(1,523	)		(1,338	)		(185	)
Adler Real Estate AG		5.00			Quarterly		Barclays Bank PLC		12/20/27	CCC		EUR	3		(915	)		(794	)		(121	)
Adler Real Estate AG		5.00			Quarterly		Barclays Bank PLC		12/20/27	CCC		EUR	9		(2,574	)		(2,233	)		(341	)
Adler Real Estate AG		5.00			Quarterly		Citibank N.A.		12/20/27	CCC		EUR	3		(746	)		(665	)		(81	)
Adler Real Estate AG		5.00			Quarterly		JPMorgan Chase Bank N.A.		12/20/27	CCC		EUR	6		(1,563	)		(1,376	)		(187	)
							Morgan Stanley & Co.
Adler Real Estate AG		5.00			Quarterly		International PLC		12/20/27	CCC		EUR	4		(1,133	)		(986	)		(147	)
CMBX.NA.8		3.00			Monthly		Barclays Bank PLC		10/17/57	NR		USD	5,000		(861,468	)		(480,990	)		(380,478	)
CMBX.NA.8		3.00			Monthly		Credit Suisse International		10/17/57	NR		USD	2,500		(430,734	)		(237,977	)		(192,757	)
							Morgan Stanley & Co.
CMBX.NA.8		3.00			Monthly		International PLC		10/17/57	NR		USD	5,550		(956,229	)		(699,274	)		(256,955	)
CMBX.NA.9		3.00			Monthly		Credit Suisse International		09/17/58	NR		USD	5,000		(972,034	)		(516,600	)		(455,434	)
CMBX.NA.9		3.00			Monthly		Credit Suisse International		09/17/58	NR		USD	2,500		(486,017	)		(258,300	)		(227,717	)
CMBX.NA.9		3.00			Monthly		Credit Suisse International		09/17/58	NR		USD	5,000		(972,033	)		(516,550	)		(455,483	)
							Morgan Stanley & Co.
CMBX.NA.9		3.00			Monthly		International PLC		09/17/58	NR		USD	1,153		(224,150	)		(124,556	)		(99,594	)

														$	(4,937,204	)	$	(2,841,684	)	$	(2,095,520	)



	Level 1		Level 2		Level 3		Total

Assets
Investments
Long-Term Investments
Asset-Backed Securities	$	—	$	62,165,436	$	1,000,595	$	63,166,031
Corporate Bonds
Advertising Agencies		—		436,725		—		436,725
Aerospace & Defense		—		13,653,079		—		13,653,079
Airlines		—		8,852,185		—		8,852,185
Auto Components		—		3,403,064		—		3,403,064
Automobiles		—		7,976,530		—		7,976,530
Banks		—		9,186,433		—		9,186,433
Beverages		—		7,346,022		—		7,346,022
Biotechnology		—		1,409,254		—		1,409,254
Building Materials		—		1,291,884		—		1,291,884
Building Products		—		4,920,281		—		4,920,281
Capital Markets		—		8,819,577		—		8,819,577
Chemicals		—		6,727,411		—		6,727,411
Commercial Services & Supplies		—		2,153,075		—		2,153,075
Communications Equipment		—		1,427,352		—		1,427,352
Construction & Engineering		—		3,832,431		—		3,832,431
Construction Materials		—		601,177		—		601,177
Consumer Discretionary		—		4,193,974		—		4,193,974
Consumer Finance		—		3,464,712		—		3,464,712
Containers & Packaging		—		2,576,249		—		2,576,249
Diversified Consumer Services		—		4,554,415		—		4,554,415
Diversified Financial Services		—		29,670,195		—		29,670,195
Diversified Telecommunication Services		—		19,288,404		—		19,288,404
Education		—		635,120		—		635,120
Electric Utilities		—		21,335,939		—		21,335,939
Electrical Equipment		—		441,542		—		441,542
Electronic Equipment, Instruments & Components		—		2,272,701		—		2,272,701
Energy Equipment & Services		—		2,220,654		—		2,220,654
Entertainment		—		256,655		—		256,655
Environmental, Maintenance & Security Service		—		1,934,814		—		1,934,814
Equity Real Estate Investment Trusts (REITs)		—		9,438,675		—		9,438,675
Food & Staples Retailing		—		3,435,145		—		3,435,145
Food Products		—		2,519,957		—		2,519,957
Gas Utilities		—		115,575		—		115,575
Health Care Equipment & Supplies		—		1,849,511		—		1,849,511
Health Care Providers & Services		—		11,667,065		—		11,667,065
Health Care Technology		—		3,097,995		—		3,097,995
Hotels, Restaurants & Leisure		—		10,139,364		3,299,810		13,439,174
Household Durables		—		1,478,148		—		1,478,148
Household Products		—		71,015		—		71,015
Independent Power and Renewable Electricity Producers		—		2,156,199		—		2,156,199
Industrial Conglomerates		—		33,851		—		33,851
Insurance		—		22,607,928		—		22,607,928
Interactive Media & Services		—		1,244,484		—		1,244,484
Internet Software & Services		—		3,067,157		—		3,067,157
IT Services		—		7,453,293		—		7,453,293
Leisure Products		—		371,231		—		371,231
Machinery		—		2,675,799		—		2,675,799
Media		—		39,613,296		—		39,613,296
Metals & Mining		—		6,656,920		—		6,656,920
Multiline Retail		—		231,551		—		231,551
Multi-Utilities		—		953,231		—		953,231
Offshore Drilling & Other Services		—		556,157		—		556,157
Oil, Gas & Consumable Fuels		63,844		46,458,019		1,411,589		47,933,452



Fair Value Hierarchy as of Period End (continued)

	Level 1			Level 2			Level 3		Total

Corporate Bonds (continued)
Pharmaceuticals	$	—		$	12,783,730		$	—	$	12,783,730
Real Estate		—			60,329			—		60,329
Real Estate Management & Development		—			2,632,544			—		2,632,544
Road & Rail		—			6,637,800			—		6,637,800
Semiconductors & Semiconductor Equipment		—			5,901,350			—		5,901,350
Software		—			12,236,338			—		12,236,338
Specialty Retail		—			836,366			—		836,366
Technology Hardware, Storage & Peripherals		—			2,719,081			—		2,719,081
Textiles, Apparel & Luxury Goods		—			260,783			—		260,783
Thrifts & Mortgage Finance		—			446,900			—		446,900
Tobacco		—			5,132,592			—		5,132,592
Transportation		—			75,442			—		75,442
Transportation Infrastructure		—			2,100,567			659,872		2,760,439
Utilities		—			7,762,102			—		7,762,102
Wireless Telecommunication Services		—			7,095,475			—		7,095,475
Floating Rate Loan Interests		—			20,941,176			1,225,064		22,166,240
Foreign Agency Obligations		—			18,303,530			—		18,303,530
Municipal Bonds		—			20,592,325			—		20,592,325
Non-Agency Mortgage-Backed Securities		—			67,630,538			—		67,630,538
Preferred Securities
Capital Trusts		—			41,064,380			—		41,064,380
Preferred Stocks
Capital Markets		3,888,078			—			—		3,888,078
Thrifts & Mortgage Finance		—			36,800			—		36,800
Trust Preferred		825,366			—			—		825,366
U.S. Government Sponsored Agency Securities		—			136,540,369			—		136,540,369
U.S. Treasury Obligations		—			205,904,685			—		205,904,685
Short-Term Securities
Money Market Funds		6,766,589			—			—		6,766,589
U.S. Treasury Obligations		—			14,324,355			—		14,324,355
Options Purchased
Credit Contracts		—			806			—		806
Liabilities
Investments
TBA Sale Commitments		—			(6,668,047	)		—		(6,668,047	)
Unfunded Floating Rate Loan Interests		—			(17,659	)		—		(17,659	)


	$	11,543,877		$	1,000,273,513		$	7,596,930	$	1,019,414,320

Derivative Financial Instruments^(a)
Assets
Credit Contracts	$	—		$	118,852		$	—	$	118,852
Foreign Currency Exchange Contracts		—			186,988			—		186,988
Interest Rate Contracts		5,784,661			9,669,417			—		15,454,078
Liabilities
Credit Contracts		—			(2,111,491	)		—		(2,111,491	)
Interest Rate Contracts		(6,934,045	)		(4,216,826	)		—		(11,150,871	)


	$	(1,149,384	)	$	3,646,940		$	—	$	2,497,556




	Asset-Backed Securities			Corporate Bonds			Floating Rate Loan Interests			Total


Assets
Opening balance, as of December 31, 2021	$	2,843,303		$	6,314,241		$	580,932		$	9,738,476
Transfers into Level 3		—			—			1,045,210			1,045,210
Transfers out of Level 3		(1,539,188	)		—			(4,762	)		(1,543,950	)
Accrued discounts/premiums		(53,000	)		—			1,414			(51,586	)
Net realized gain (loss)		3,513						1,130			4,643
Net change in unrealized appreciation (depreciation) ^(a)		19,652			(844,784	)		(138,181	)		(963,313	)
Purchases		—			—			360,355			360,355
Sales		(273,685	)		(98,186	)		(621,034	)		(992,905	)


Closing balance, as of September 30, 2022	$	1,000,595		$	5,371,271		$	1,225,064		$	7,596,930


Net change in unrealized appreciation (depreciation) on investments still held at September 30, 2022 ^(a)	$	19,652		$	(844,784	)	$	(127,539	)	$	(952,671	)




	Value		Valuation Approach		Unobservable Inputs		Range of Unobservable Inputs Utilized^(a)			Weighted Average of Unobservable Inputs Based on Fair Value


Assets
Common Stocks	$	984,761		Income		Discount Rate		9	%		—
Corporate Bonds		5,371,271		Income		Credit Spread		123 -675			535


	$	6,356,032


Currency Abbreviation

CAD		Canadian Dollar

EUR		Euro

GBP		British Pound

USD		United States Dollar

Portfolio Abbreviation

AGM		Assured Guaranty Municipal Corp.

BAB		Build America Bond

CDI		CREST Depository Interest

CLO		Collateralized Loan Obligation

CME		Chicago Mercantile Exchange

CMT		Constant Maturity Treasury

DAC		Designated Activity Company

DIP		Debtor-In-Possession

EURIBOR		Euro Interbank Offered Rate

GO		General Obligation Bonds

LIBOR		London Interbank Offered Rate



Portfolio Abbreviation (continued)

PCL		Public Company Limited

PIK		Payment-in-Kind

RB		Revenue Bond

REIT		Real Estate Investment Trust

SG		Syncora Guarantee

SOFR		Secured Overnight Financing Rate

TBA		To-Be-Announced