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%), 7.21%, 04/20/30	USD		500	$	489,440
Series 2019-4A, Class DR, (3 mo. LIBOR US + 3.65%), 8.46%, 04/20/30			600		543,644
AGL CLO 3 Ltd., Series 2020-3A, Class D, (3 mo. LIBOR US + 3.30%), 8.09%, 01/15/33^(a)(b)			250		234,140
ALM Ltd., Series 2020-1A, Class D, (3 mo. LIBOR US + 6.00%), 10.79%, 10/15/29^(a)(b)			285		251,622
AMMC CLO 20 Ltd., Series 2017-20A, Class AR, (3 mo. LIBOR US + 0.87%), 5.66%, 04/17/29^(a)(b)			202		201,416
Anchorage Capital CLO Ltd.^(a)(b)
Series 2013-1A, Class A2R, (3 mo. LIBOR US + 1.65%), 6.47%, 10/13/30			380		368,934
Series 2013-1A, Class CR, (3 mo. LIBOR US + 3.20%), 8.02%, 10/13/30			720		686,355
Apidos CLO XXII, Series 2015-22A, Class CR, (3 mo. LIBOR US + 2.95%), 7.76%, 04/20/31^(a)(b)			250		234,992
Apidos CLO XXIV, Series 2016-24A, Class A1AL, (3 mo. LIBOR US + 0.95%), 5.76%, 10/20/30^(a)(b)			500		493,010
Apidos CLO XXVI, Series 2017-26A, Class A1AR, (3 mo. LIBOR US + 0.90%), 5.69%, 07/18/29^(a)(b)			1,090		1,078,697
Apidos CLO XXVII, Series 2017-27A, Class A1R, (3 mo. LIBOR US + 0.93%), 5.72%, 07/17/30^(a)(b)			250		247,262
ASSURANT CLO I Ltd., Series 2017-1A, Class CR, (3 mo. LIBOR US + 2.15%), 6.96%, 10/20/34^(a)(b)			500		471,638
Bain Capital Credit CLO Ltd.^(a)(b)
Series 2021-3A, Class D, (3 mo. LIBOR US + 3.10%), 7.92%, 07/24/34			250		214,073
Series 2021-5A, Class B, (3 mo. LIBOR US + 1.65%), 6.47%, 10/23/34			500		475,722
Barings CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 3.60%), 8.39%, 07/18/29^(a)(b)			250		240,487
Benefit Street Partners CLO II Ltd., Series 2013-IIA, Class A1R2, (3 mo. LIBOR US + 0.87%), 5.66%, 07/15/29^(a)(b)			213		211,468
Birch Grove CLO 3 Ltd., Series 2021-3A, Class D1, (3 mo. LIBOR US + 3.20%), 8.00%, 01/19/35^(a)(b)			250		225,874
Birch Grove CLO Ltd., Series 19A, Class DR, (3 mo. LIBOR US + 3.35%), 8.22%, 06/15/31^(a)(b)			1,000		944,973
BlueMountain CLO XXVIII Ltd., Series 2021-28A, Class D, (3 mo. LIBOR US + 2.90%), 7.69%, 04/15/34^(a)(b)			500		438,207
Buttermilk Park CLO Ltd., Series 2018-1A, Class D, (3 mo. LIBOR US + 3.10%), 7.89%, 10/15/31^(a)(b)			250		222,646
Canyon Capital CLO Ltd.^(a)(b)
Series 2016-1A, Class CR, (3 mo. LIBOR US + 1.90%), 6.69%, 07/15/31			250		236,069
Series 2021-2A, Class D, (3 mo. LIBOR US + 3.35%), 8.14%, 04/15/34			500		434,168
Carlyle Global Market Strategies CLO Ltd.^(a)(b)
Series 2013-1A, Class A1RR, (3 mo. LIBOR US + 0.95%), 5.82%, 08/14/30			240		237,190
Series 2013-1A, Class CR, (3 mo. LIBOR US + 3.35%), 8.22%, 08/14/30			1,000		902,694
Carlyle U.S. CLO Ltd., Series 2022-6A, Class C, (3 mo. Term SOFR + 4.00%), 8.60%, 10/25/34^(a)(b)			250		249,972
CarVal CLO II Ltd., Series 2019-1A, Class DR, (3 mo. LIBOR US + 3.20%), 8.01%, 04/20/32^(a)(b)			500		454,984


Security		Par (000)		Value

Asset-Backed Securities (continued)
CarVal CLO III Ltd., Series 2019-2A, Class E, (3 mo. LIBOR US + 6.44%), 11.25%, 07/20/32^(a)(b)	USD		500	$	439,234
CarVal CLO VC Ltd., Series 2021-2A, Class D, (3 mo. LIBOR US + 3.25%), 8.04%, 10/15/34^(a)(b)			250		233,116
CBAM Ltd., Series 2017-1A, Class C, (3 mo. LIBOR US + 2.40%), 7.21%, 07/20/30^(a)(b)			350		340,368
Cedar Funding IX CLO Ltd.^(a)(b)
Series 2018-9A, Class A1, (3 mo. LIBOR US + 0.98%), 5.79%, 04/20/31			250		246,886
Series 2018-9A, Class D, (3 mo. LIBOR US + 2.60%), 7.41%, 04/20/31			250		225,165
Cedar Funding VII CLO Ltd., Series 2018-7A, Class A1, (3 mo. LIBOR US + 1.00%), 5.81%, 01/20/31^(a)(b)			500		494,866
Cedar Funding X CLO Ltd., Series 2019-10A, Class BR, (3 mo. LIBOR US + 1.60%), 6.41%, 10/20/32^(a)(b)			930		897,402
Cedar Funding XIV CLO Ltd., Series 2021-14A, Class B, (3 mo. LIBOR US + 1.60%), 6.39%, 07/15/33^(a)(b)			500		482,172
CIFC Funding I Ltd., Series 2019-1A, Class DR, (3 mo. LIBOR US + 3.10%), 7.91%, 04/20/32^(a)(b)			500		477,430
CIFC Funding II Ltd., Series 2017-2A, Class AR, (3 mo. LIBOR US + 0.95%), 5.76%, 04/20/30^(a)(b)			491		485,721
CIFC Funding III Ltd.^(a)(b)
Series 2015-3A, Class AR, (3 mo. LIBOR US + 0.87%), 5.67%, 04/19/29			218		215,888
Series 2020-1A, Class DR, (3 mo. LIBOR US + 3.10%), 7.89%, 07/15/36			500		463,176
CIFC Funding IV Ltd., Series 2017-4A, Class A1R, (3 mo. LIBOR US + 0.95%), 5.77%, 10/24/30^(a)(b)			484		479,111
CIFC Funding Ltd.^(a)(b)
Series 2013-1A, Class CR, (3 mo. LIBOR US + 3.55%), 8.34%, 07/16/30			500		459,458
Series 2014-2RA, Class B1, (3 mo. LIBOR US + 2.80%), 7.62%, 04/24/30			750		705,041
Series 2014-3A, Class BR2, (3 mo. LIBOR US + 1.80%), 6.62%, 10/22/31			250		243,823
Series 2015-1A, Class ARR, (3 mo. LIBOR US + 1.11%), 5.93%, 01/22/31			1,000		990,951
CIFC Funding VII Ltd.^(a)(b)
Series 2022-7A, Class C, (3 mo. Term SOFR + 3.85%), 8.06%, 10/22/35			500		498,943
Series 2022-7A, Class D, (3 mo. Term SOFR + 5.35%), 9.56%, 10/22/35			600		588,012
CWHEQ Revolving Home Equity Loan Trust,
Series 2006-I, Class 1A, (1 mo. LIBOR US + 0.14%), 4.82%, 01/15/37^(a)			1,124		992,409
Dewolf Park CLO Ltd., Series 2017-1A, Class DR, (3 mo. LIBOR US + 2.85%), 7.64%, 10/15/30^(a)(b)			280		251,655
Dryden 106 CLO Ltd., (3 mo. Term SOFR + 3.90%), 8.46%, 10/15/35^(a)(b)			500		499,114
Dryden 37 Senior Loan Fund, Series 2015-37A, Class AR, (3 mo. LIBOR US + 1.10%), 5.89%, 01/15/31^(a)(b)			250		247,382
Dryden 50 Senior Loan Fund, Series 2017-50A, Class B, (3 mo. LIBOR US + 1.65%), 6.44%, 07/15/30^(a)(b)			250		242,545
Dryden 53 CLO Ltd., Series 2017-53A, Class B, (3 mo. LIBOR US + 1.40%), 6.19%, 01/15/31^(a)(b)			1,320		1,288,973
Dryden 64 CLO Ltd., Series 2018-64A, Class D, (3 mo. LIBOR US + 2.65%), 7.44%, 04/18/31^(a)(b)			1,250		1,149,818


Security		Par (000)		Value

Asset-Backed Securities (continued)
Dryden 78 CLO Ltd., Series 2020-78A, Class D, (3 mo. LIBOR US + 3.00%), 7.79%, 04/17/33^(a)(b)	USD		250	$	228,427
Dryden XXVIII Senior Loan Fund^(a)(b)
Series 2013-28A, Class A1LR, (3 mo. LIBOR US + 1.20%), 6.06%, 08/15/30			241		239,418
Series 2013-28A, Class B1LR, (3 mo. LIBOR US + 3.15%), 8.01%, 08/15/30			1,000		928,220
Eaton Vance CLO Ltd., Series 2015-1A, Class A2R, (3 mo. LIBOR US + 1.25%), 6.06%, 01/20/30^(a)(b)			1,000		969,259
EDvestinU Private Education Loan Issue No. 3 LLC, Series 2021-A, Class B, 3.50%, 11/25/50^(b)			110		88,021
Elmwood CLO 21 Ltd., Series 2022-8A, Class C, (3 mo. Term SOFR + 3.85%), 8.42%, 11/20/35^(a)(b)			500		498,219
Elmwood CLO IV Ltd., Series 2020-1A, Class B, (3 mo. LIBOR US + 1.70%), 6.49%, 04/15/33^(a)(b)			250		243,089
Elmwood CLO V Ltd., Series 2020-2A, Class CR, (3 mo. LIBOR US + 2.00%), 6.81%, 10/20/34^(a)(b)			436		417,188
Elmwood CLO VI Ltd., Series 2020-3A, Class BR, (3 mo. LIBOR US + 1.65%), 6.46%, 10/20/34^(a)(b)			250		242,034
Fairstone Financial Issuance Trust I, Series 2020-1A, Class C, 5.16%, 10/20/39^(b)	CAD		170		115,277
Flatiron CLO 18 Ltd., Series 2018-1A, Class A, (3 mo. Term SOFR + 1.21%), 5.87%, 04/17/31^(a)(b)	USD		1,500		1,480,771
Galaxy XX CLO Ltd., Series 2015-20A, Class CR, (3 mo. LIBOR US + 1.75%), 6.56%, 04/20/31^(a)(b)			250		239,910
Galaxy XXIII CLO Ltd., Series 2017-23A, Class AR, (3 mo. LIBOR US + 0.87%), 5.69%, 04/24/29^(a)(b)			441		435,994
Galaxy XXVII CLO Ltd., Series 2018-27A, Class A, (3 mo. LIBOR US + 1.02%), 5.89%, 05/16/31^(a)(b)			2,000		1,969,201
Generate CLO 2 Ltd., Series 2A, Class AR, (3 mo. LIBOR US + 1.15%), 5.97%, 01/22/31^(a)(b)			250		246,929
Generate CLO 3 Ltd., Series 3A, Class DR, (3 mo. LIBOR US + 3.60%), 8.41%, 10/20/29^(a)(b)			1,750		1,667,405
Generate CLO 4 Ltd., Series 4A, Class DR, (3 mo. LIBOR US + 3.15%), 7.96%, 04/20/32^(a)(b)			1,500		1,370,826
Generate CLO 6 Ltd., Series 6A, Class DR, (3 mo. LIBOR US + 3.50%), 8.32%, 01/22/35^(a)(b)			750		684,263
GoldenTree Loan Management U.S. CLO 3 Ltd., Series 2018-3A, Class B1, (3 mo. LIBOR US + 1.55%), 6.36%, 04/20/30^(a)(b)			250		244,866
GoldenTree Loan Management U.S. CLO 4 Ltd., Series 2019-5A, Class BR, (3 mo. LIBOR US + 1.60%), 6.42%, 04/24/31^(a)(b)			500		485,832
GoldenTree Loan Opportunities IX Ltd., Series 2014-9A, Class BR2, (3 mo. LIBOR US + 1.60%), 6.40%, 10/29/29^(a)(b)			1,500		1,475,375
GoldenTree Loan Opportunities X Ltd., Series 2015-10A, Class DR, (3 mo. LIBOR US + 3.05%), 7.86%, 07/20/31^(a)(b)			250		236,577
Golub Capital Partners CLO 55B Ltd., Series 2021-55A, Class E, (3 mo. LIBOR US + 6.56%), 11.37%, 07/20/34^(a)(b)			250		222,767
Grippen Park CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 3.30%), 8.11%, 01/20/30^(a)(b)			250		235,136
Gulf Stream Meridian 1 Ltd., Series 2020-IA, Class E, (3 mo. LIBOR US + 6.45%), 11.24%, 04/15/33^(a)(b)			500		429,624
Highbridge Loan Management, Series 3A-2014, Class CR, (3 mo. LIBOR US + 3.60%), 8.39%, 07/18/29^(a)(b)			1,000		906,533
Jay Park CLO Ltd., Series 2016-1A, Class CR, (3 mo. LIBOR US + 2.65%), 7.46%, 10/20/27^(a)(b)			500		475,106


Security		Par (000)		Value

Asset-Backed Securities (continued)
Litigation Fee Residual, 4.00%, 10/30/27^(c)	USD		805	$	775,964
Long Beach Mortgage Loan Trust, Series 2006-8, Class 2A4, (1 mo. LIBOR US + 0.48%), 5.33%, 09/25/36^(a)			6,126		1,675,036
Madison Park Funding LXII Ltd., Series 2022-62A, Class A1, (3 mo. Term SOFR + 2.25%), 6.91%, 07/17/33^(a)(b)			760		760,327
Madison Park Funding XVII Ltd., Series 2015-17A, Class DR, (3 mo. LIBOR US + 3.60%), 8.42%, 07/21/30^(a)(b)			1,000		964,704
Madison Park Funding XXIII Ltd.^(a)(b)
Series 2017-23A, Class AR, (3 mo. LIBOR US + 0.97%), 5.78%, 07/27/31			989		977,651
Series 2017-23A, Class CR, (3 mo. LIBOR US + 2.00%), 6.81%, 07/27/31			600		574,925
Madison Park Funding XXV Ltd.^(a)(b)
Series 2017-25A, Class A1R, (3 mo. LIBOR US + 0.97%), 5.79%, 04/25/29			1,471		1,453,748
Series 2017-25A, Class A2R, (3 mo. LIBOR US + 1.65%), 6.47%, 04/25/29			250		244,250
Madison Park Funding XXXI Ltd., Series 2018-31A, Class D, (3 mo. LIBOR US + 3.00%), 7.82%, 01/23/31^(a)(b)			625		593,363
Madison Park Funding XXXIV Ltd., Series 2019-34A, Class DR, (3 mo. LIBOR US + 3.35%), 8.17%, 04/25/32^(a)(b)			250		240,821
Madison Park Funding XXXVII Ltd., Series 2019-37A, Class BR, (3 mo. LIBOR US + 1.65%), 6.44%, 07/15/33^(a)(b)			900		871,282
Madison Park Funding XXXVIII Ltd., Series 2021-38A, Class C, (3 mo. LIBOR US + 1.90%), 6.69%, 07/17/34^(a)(b)			250		236,777
Marble Point CLO XVII Ltd., Series 2020-1A, Class D, (3 mo. LIBOR US + 3.75%), 8.56%, 04/20/33^(a)(b)			250		228,534
Marble Point CLO XXIII Ltd., Series 2021-4A, Class D1, (3 mo. LIBOR US + 3.65%), 8.47%, 01/22/35^(a)(b)			250		229,589
Mariner Finance Issuance Trust, Series 2022-AA, Class A, 6.45%, 10/20/37^(b)			515		520,176
Navient Private Education Refi Loan Trust^(b)
Series 2019-D, Class A2A, 3.01%, 12/15/59			626		588,058
Series 2019-GA, Class A, 2.40%, 10/15/68			228		212,244
Series 2021-DA, Class C, 3.48%, 04/15/60			770		688,679
Series 2021-DA, Class D, 4.00%, 04/15/60			440		399,359
Nelnet Student Loan Trust^(b)
Series 2021-A, Class D, 4.93%, 04/20/62			460		391,416
Series 2021-BA, Class B, 2.68%, 04/20/62			1,983		1,629,152
Neuberger Berman CLO XXII Ltd., Series 2016-22A, Class BR, (3 mo. LIBOR US + 1.65%), 6.44%, 10/17/30^(a)(b)			250		244,624
Neuberger Berman Loan Advisers CLO 25 Ltd., Series 2017-25A, Class AR, (3 mo. LIBOR US + 0.93%), 5.72%, 10/18/29^(a)(b)			1,270		1,254,769
Neuberger Berman Loan Advisers CLO 37 Ltd., Series 2020-37A, Class CR, (3 mo. LIBOR US + 1.80%), 6.61%, 07/20/31^(a)(b)			1,162		1,128,687
Neuberger Berman Loan Advisers NBLA CLO 52 Ltd., Series 2022-52A, Class D, (3 mo. Term SOFR + 5.75%), 10.33%, 10/24/35^(a)(b)			568		566,217
OCP CLO Ltd.^(a)(b)
Series 2015-9A, Class BR2, (3 mo. Term SOFR + 1.75%), 6.38%, 01/15/33			250		238,687


Security		Par (000)		Value

Asset-Backed Securities (continued)
OCP CLO Ltd.^(a)(b)(continued)
Series 2017-13A, Class A1AR, (3 mo. LIBOR US + 0.96%), 5.75%, 07/15/30	USD		1,000	$	985,056
Series 2017-14A, Class A2, (3 mo. LIBOR US + 1.50%), 6.42%, 11/20/30			1,320		1,270,493
Octagon 54 Ltd., Series 2021-1A, Class D, (3 mo. LIBOR US + 3.05%), 7.84%, 07/15/34^(a)(b)			250		227,906
Octagon Investment Partners XV Ltd., Series 2013-1A, Class A1RR, (3 mo. LIBOR US + 0.97%), 5.77%, 07/19/30^(a)(b)			2,789		2,756,086
Octagon Investment Partners XVII Ltd., Series 2013-1A, Class BR2, (3 mo. LIBOR US + 1.40%), 6.22%, 01/25/31^(a)(b)			500		484,964
Octagon Investment Partners XXI Ltd., Series 2014-1A, Class AAR3, (3 mo. LIBOR US + 1.00%), 5.87%, 02/14/31^(a)(b)			250		246,469
Octagon Investment Partners XXII Ltd., Series 2014-1A, Class DRR, (3 mo. LIBOR US + 2.75%), 7.57%, 01/22/30^(a)(b)			500		458,016
OneMain Financial Issuance Trust, Series 2020-1A, Class A, 3.84%, 05/14/32^(b)			599		594,729
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3 mo. LIBOR US + 3.15%), 7.94%, 10/17/29^(a)(b)			875		801,721
OZLM XXI Ltd., Series 2017-21A, Class C, (3 mo. LIBOR US + 2.67%), 7.48%, 01/20/31^(a)(b)			1,000		884,048
Palmer Square CLO Ltd.^(a)(b)
Series 2013-2A, Class A2R3, (3 mo. LIBOR US + 1.50%), 6.29%, 10/17/31			250		242,954
Series 2015-2A, Class CR2, (3 mo. LIBOR US + 2.75%), 7.56%, 07/20/30			250		231,636
Series 2020-3A, Class A2R, (3 mo. LIBOR US + 1.60%), 6.46%, 11/15/31			250		243,611
Series 2022-4A, Class C, (3 mo. Term SOFR + 4.00%), 8.07%, 10/20/35			1,000		1,004,161
Palmer Square Loan Funding Ltd.^(a)(b)Series 2020-1A, Class C, (3 mo. LIBOR US + 2.50%), 7.18%,02/20/28			250		243,060
Series 2021-1A, Class A1, (3 mo. LIBOR US + 0.90%), 5.71%, 04/20/29			134		132,463
Series 2021-2A, Class A1, (3 mo. LIBOR US + 0.80%), 5.72%, 05/20/29			159		156,820
Series 2021-3A, Class A1, (3 mo. LIBOR US + 0.80%), 5.61%, 07/20/29			536		530,156
Park Avenue Institutional Advisers CLO Ltd.,
Series 2017-1A, Class DR, (3 mo. LIBOR US + 6.81%), 11.68%, 02/14/34^(a)(b)			1,300		1,093,680
PPM CLO 2 Ltd., Series 2019-2A, Class DR, (3 mo. LIBOR US + 3.40%), 8.20%, 04/16/32^(a)(b)			250		227,654
Prodigy Finance DAC, Series 2021-1A, Class C, (1 mo. LIBOR US + 3.75%), 8.60%, 07/25/51^(a)(b)			250		247,572
Rad CLO 3 Ltd., Series 2019-3A, Class DR, (3 mo. LIBOR US + 2.75%), 7.54%, 04/15/32^(a)(b)			400		363,651
Regatta XI Funding Ltd., Series 2018-1A, Class D, (3 mo. LIBOR US + 2.85%), 7.64%, 07/17/31^(a)(b)			370		348,108
Regional Management Issuance Trust, Series 2021-A, Class A, 7.10%, 11/17/32^(b)			200		202,923
Republic Finance Issuance Trust, Series 2020-A, Class C, 4.05%, 11/20/30^(b)			240		219,765
Romark CLO Ltd., Series 2017-1A, Class B, (3 mo. LIBOR US + 2.15%), 6.97%, 10/23/30^(a)(b)			500		478,352


Security		Par (000)		Value

Asset-Backed Securities (continued)
Shackleton CLO Ltd., Series 2015-7RA, Class C, (3 mo. LIBOR US + 2.35%), 7.14%, 07/15/31^(a)(b)	USD		250	$	238,398
Signal Peak CLO 4 Ltd., (3 mo. LIBOR US + 0.95%), 5.77%, 10/26/34			1,200		1,194,012
SMB Private Education Loan Trust^(b)Series 2021-C, Class C, 3.00%, 01/15/53			190		166,523
Series 2021-C, Class D, 3.93%, 01/15/53			160		146,676
Sterling Coofs Trust, Series 2004-2, Class Note, 2.08%, 03/30/30^(b)(c)			642		6,416
Sterling COOFS Trust, Series 2004-1, Class A, 2.36%, 04/15/29^(c)			736		7,356
Structured Asset Securities Corp. Pass-Through Certificates, Series 2002-AL1, Class A2, 3.45%, 02/25/32			56		47,922
TCI-Symphony CLO Ltd., (3 mo. LIBOR US + 0.93%), 5.72%, 07/15/30^(a)(b)			510		502,249
TCW CLO Ltd., Series 2020-1A, Class DRR, (3 mo. LIBOR US + 3.40%), 8.21%, 04/20/34^(a)(b)			250		223,403
TICP CLO I-2 Ltd., Series 2018-IA, Class C, (3 mo. LIBOR US + 3.04%), 7.86%, 04/26/28^(a)(b)			500		499,724
TICP CLO IX Ltd., Series 2017-9A, Class D, (3 mo. LIBOR US + 2.90%), 7.71%, 01/20/31^(a)(b)			500		473,727
TICP CLO XV Ltd., Series 2020-15A, Class D, (3 mo. LIBOR US + 3.15%), 7.96%, 04/20/33^(a)(b)			250		234,467
Trestles CLO Ltd.^(a)(b)
Series 2017-1A, Class B1R, (3 mo. LIBOR US + 1.75%), 6.57%, 04/25/32			1,750		1,667,032
Series 2017-1A, Class CR, (3 mo. LIBOR US + 2.90%), 7.72%, 04/25/32			250		224,037
Trimaran CAVU Ltd.^(a)(b)
Series 2019-2A, Class C, (3 mo. LIBOR US + 4.72%), 9.51%, 11/26/32			500		463,912
Series 2021-2A, Class D1, (3 mo. LIBOR US + 3.25%), 8.07%, 10/25/34			500		452,227
Series 2022-2A, Class D, (3 mo. Term SOFR + 6.12%), 10.47%, 01/20/36			400		385,771
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32^(d)	GBP		6		7,457
Voya CLO Ltd.^(a)(b)
Series 2014-2A, Class A1RR, (3 mo. LIBOR US + 1.02%), 5.81%, 04/17/30	USD		218		216,329
Series 2017-2A, Class A2AR, (3 mo. LIBOR US + 1.65%), 6.44%, 06/07/30			250		243,428
Series 2017-4A, Class A1, (3 mo. LIBOR US + 1.13%), 5.92%, 10/15/30			238		236,312
Series 2018-2A, Class A2, (3 mo. LIBOR US + 1.25%), 6.04%, 07/15/31			1,000		964,000
Series 2022-3A, Class B, (3 mo. Term SOFR + 2.85%), 6.86%, 10/20/34			425		425,705
Series 2022-4A, Class C, (3 mo. Term SOFR + 4.05%), 8.24%, 10/20/33			1,000		998,156
Whetstone Park CLO Ltd., Series 2021-1A, Classs 1A, (3 mo. LIBOR US + 1.60%), 6.41%, 01/20/35^(a)(b)			725		695,737
Whitebox CLO I Ltd., Series 2019-1A, Class CR, (3 mo. LIBOR US + 3.05%), 7.87%, 07/24/32^(a)(b)			500		462,348
Whitebox CLO II Ltd., Series 2020-2A, Class DR, (3 mo. LIBOR US + 3.35%), 8.17%, 10/24/34^(a)(b)			500		459,727
Whitebox CLO III Ltd.^(a)(b)Series 2021-3A, Class D, (3 mo. LIBOR US + 3.35%), 8.14%, 10/15/34			250		224,581


Security		Par (000)		Value

Asset-Backed Securities (continued)
Whitebox CLO III Ltd.^(a)(b)(continued)
Series 2021-3A, Class E, (3 mo. LIBOR US + 6.85%), 11.64%, 10/15/34	USD		250	$	225,853
York CLO 1 Ltd.^(a)(b)
Series 2014-1A, Class CRR, (3 mo. LIBOR US + 2.10%), 6.92%, 10/22/29			250		243,798
Series 2014-1A, Class DRR, (3 mo. LIBOR US + 3.01%), 7.83%, 10/22/29			250		239,221


Total Asset-Backed Securities — 14.2% (Cost: $90,131,488)					86,146,200


Corporate Bonds

Aerospace & Defense — 2.9%
Amsted Industries, Inc., 5.63%, 07/01/27^(b)			30		29,175
Boeing Co.
2.95%, 02/01/30			800		706,010
5.15%, 05/01/30^(e)			879		884,496
3.60%, 05/01/34			550		472,490
Bombardier, Inc.^(b)
7.50%, 03/15/25			15		14,998
7.13%, 06/15/26^(e)			846		849,046
7.88%, 04/15/27^(e)			395		399,870
6.00%, 02/15/28^(e)			667		649,495
7.50%, 02/01/29			303		309,533
7.45%, 05/01/34			100		112,000
Eaton Corp., 4.15%, 11/02/42			500		442,722
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%, 08/15/26^(b)			200		167,000
L3Harris Technologies, Inc.
2.90%, 12/15/29			1,200		1,060,667
1.80%, 01/15/31			300		242,483
Lockheed Martin Corp., 3.80%, 03/01/45			800		690,864
Northrop Grumman Corp.
4.70%, 03/15/33			400		404,068
3.85%, 04/15/45			850		711,349
Raytheon Technologies Corp.
2.38%, 03/15/32			1,000		841,048
5.15%, 02/27/33			900		936,632
4.50%, 06/01/42			300		284,335
Rolls-Royce PLC, 5.75%, 10/15/27^(b)			1,000		996,200
Spirit AeroSystems, Inc.^(b)
7.50%, 04/15/25			22		22,000
9.38%, 11/30/29			435		474,694
TransDigm, Inc.
8.00%, 12/15/25^(b)			130		132,437
6.25%, 03/15/26^(b)			3,355		3,358,053
6.38%, 06/15/26			31		30,302
7.50%, 03/15/27			71		70,822
6.75%, 08/15/28^(b)			1,626		1,642,260
Triumph Group, Inc., 9.00%, 03/15/28^(b)			613		613,644

					17,548,693

Air Freight & Logistics — 0.0%
XPO Escrow Sub LLC, 7.50%, 11/15/27^(b)			60		62,400


Automobile Components — 0.6%
Aptiv PLC, 4.40%, 10/01/46			465		365,671
Clarios Global LP, 6.75%, 05/15/25^(b)			237		239,524
Clarios Global LP/Clarios U.S. Finance Co. 4.38%, 05/15/26^(d)	EUR		100		103,367


Security		Par (000)		Value

Automobile Components (continued)
Clarios Global LP/Clarios U.S. Finance Co. (continued)
6.25%, 05/15/26^(b)	USD		743	$	741,142
8.50%, 05/15/27^(b)			1,774		1,780,652
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28^(b)			111		99,623
Goodyear Tire & Rubber Co.
5.00%, 07/15/29			78		69,685
5.63%, 04/30/33			81		70,065
ZF Finance GmbH, 3.75%, 09/21/28^(d)	EUR		100		96,658

					3,566,387

Automobiles — 1.2%
Asbury Automotive Group, Inc., 5.00%, 02/15/32^(b)	USD		88		77,088
Constellation Automotive Financing PLC, 4.88%, 07/15/27^(d)	GBP		100		89,744
Ford Motor Co.
0.00%, 03/15/26^(f)	USD		216		215,784
4.35%, 12/08/26			7		6,801
3.25%, 02/12/32^(e)			390		306,523
6.10%, 08/19/32^(e)			126		122,101
4.75%, 01/15/43			2,000		1,533,660
Ford Motor Credit Co. LLC
4.69%, 06/09/25			200		192,218
4.39%, 01/08/26			200		189,750
4.95%, 05/28/27^(e)			401		382,480
4.87%, 08/03/27	EUR		100		105,196
4.13%, 08/17/27	USD		200		183,248
2.90%, 02/16/28^(e)			200		171,920
7.35%, 03/06/30			200		205,500
3.63%, 06/17/31			300		247,209
General Motors Co.
5.60%, 10/15/32			69		67,557
6.25%, 10/02/43^(e)			2,506		2,408,743
General Motors Financial Co., Inc., 4.25%, 05/15/23			807		805,540
MajorDrive Holdings IV LLC, 6.38%, 06/01/29^(b)			120		88,852
RCI Banque SA, (5 year EUR Swap + 2.85%), 2.63%, 02/18/30^(a)(d)	EUR		100		98,792

					7,498,706

Banks — 1.0%
Banca Monte dei Paschi di Siena SpA, (1 mo. EURIBOR + 3.21%), 6.75%, 03/02/26^(a)(d)			100		106,243
Banco Bilbao Vizcaya Argentaria SA, (5 year USD Swap + 3.87%), 6.13%^(a)(g)	USD		2,000		1,567,344
Banco de Sabadell SA, (1 year EUR Swap + 2.40%), 5.25%, 02/07/29^(a)(d)	EUR		100		102,884
Bangkok Bank PCL, (5 year CMT + 4.73%), 5.00%	USD		200		182,725
Bank Negara Indonesia Persero Tbk PT, 3.75%, 03/30/26^(d)			252		228,718
Bank of Communications Co. Ltd., (5 year CMT + 3.35%), 3.80%^(a)(d)(g)			518		497,927
Credit Suisse AG/New York, 5.00%, 07/09/27			900		866,250
Grupo Aval Ltd., 4.38%, 02/04/30^(b)			200		151,130
Krung Thai Bank PCL, (5 year CMT + 3.53%), 4.40%^(a)(d)(g)			252		221,729
Standard Chartered PLC, (5 year USD ICE Swap + 1.97%), 4.87%, 03/15/33^(a)(b)(e)			500		455,290
Wells Fargo & Co., (1 day SOFR + 2.53%), 3.07%, 04/30/41^(a)(e)			2,250		1,676,811

					6,057,051


Security		Par (000)		Value
Beverages — 1.8%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46^(e)	USD		4,600	$	4,495,637
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27^(b)(h)			701		536,195
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC^(b)
6.00%, 06/15/27			372		368,661
3.25%, 09/01/28			200		172,113
4.00%, 09/01/29			1,466		1,147,145
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 5.25%, 04/30/25^(b)			200		197,000
Crown Americas LLC, 5.25%, 04/01/30			91		87,625
Keurig Dr. Pepper, Inc., 2.25%, 03/15/31			400		335,315
Mauser Packaging Solutions Holding Co.^(b)
7.88%, 08/15/26			2,060		2,060,000
9.25%, 04/15/27			30		27,720
Trivium Packaging Finance BV^(b)
5.50%, 08/15/26			505		483,790
8.50%, 08/15/27			738		671,580

					10,582,781

Biotechnology — 0.6%
Amgen, Inc.
4.20%, 03/01/33^(e)			1,000		958,526
5.25%, 03/02/33			600		616,439
4.40%, 05/01/45			650		573,928
Baxalta, Inc., 5.25%, 06/23/45			500		490,010
Cidron Aida Finco SARL, 5.00%, 04/01/28^(d)	EUR		100		95,441
Gilead Sciences, Inc., 4.80%, 04/01/44	USD		1,000		969,531

					3,703,875

Broadline Retail — 0.0%
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26^(b)			76		71,354


Building Materials^(b)— 0.3%
Camelot Return Merger Sub, Inc., 8.75%, 08/01/28			146		135,187
Jeld-Wen, Inc.
6.25%, 05/15/25			98		97,755
4.63%, 12/15/25			17		15,768
Masonite International Corp., Class C, 5.38%, 02/01/28			17		16,235
New Enterprise Stone & Lime Co., Inc. 5.25%, 07/15/28			55		48,614
9.75%, 07/15/28			26		24,830
Smyrna Ready Mix Concrete LLC, 6.00%, 11/01/28			520		488,150
Standard Industries, Inc.
5.00%, 02/15/27			25		23,743
4.75%, 01/15/28			62		57,919
4.38%, 07/15/30			550		478,500
3.38%, 01/15/31			94		75,546
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29			19		17,955

					1,480,202

Building Products — 1.2%
Advanced Drainage Systems, Inc.^(b)5.00%, 09/30/27			232		220,475
6.38%, 06/15/30			483		473,262
Beacon Roofing Supply, Inc., 4.13%, 05/15/29^(b)			86		75,884
Foundation Building Materials, Inc., 6.00%, 03/01/29^(b)			47		37,253
GYP Holdings III Corp., 4.63%, 05/01/29^(b)			253		216,315
Home Depot, Inc., 5.88%, 12/16/36			1,660		1,850,827


Security		Par (000)		Value
Building Products (continued)
Lowe’s Cos., Inc. 1.70%, 10/15/30	USD		800	$	646,829
5.00%, 04/15/33^(e)			1,000		1,000,282
4.38%, 09/15/45^(e)			1,000		846,633
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26^(b)			56		51,465
SRS Distribution, Inc.^(b)4.63%, 07/01/28			345		306,393
6.13%, 07/01/29^(e)			340		286,861
6.00%, 12/01/29^(e)			423		349,259
White Cap Buyer LLC, 6.88%, 10/15/28^(b)(e)			809		701,774
White Cap Parent LLC, (8.25% Cash or 9.00% PIK), 8.25%, 03/15/26^(b)(h)			142		129,133

					7,192,645

Capital Markets — 1.4%
Blackstone Private Credit Fund 7.05%, 09/29/25^(b)			56		55,219
3.25%, 03/15/27			53		45,000
Charles Schwab Corp., Series H, (10 year CMT + 3.08%), 4.00%^(a)(e)(g)			3,000		2,362,500
Compass Group Diversified Holdings LLC, 5.25%, 04/15/29^(b)			129		113,573
FMR LLC, 4.95%, 02/01/33^(b)			2,300		2,181,477
GLP Capital LP/GLP Financing II, Inc., 3.25%, 01/15/32			379		307,505
Icahn Enterprises LP/Icahn Enterprises Finance Corp. 6.25%, 05/15/26			101		99,392
5.25%, 05/15/27			356		334,038
4.38%, 02/01/29			207		178,020
NFP Corp.^(b)
4.88%, 08/15/28			658		593,516
6.88%, 08/15/28^(e)			1,270		1,089,838
7.50%, 10/01/30			74		71,501
Northern Trust Corp., 6.13%, 11/02/32			160		170,580
Owl Rock Capital Corp.
3.75%, 07/22/25			129		117,634
3.40%, 07/15/26			46		40,616
Owl Rock Core Income Corp.
3.13%, 09/23/26			31		26,894
7.75%, 09/16/27^(b)			215		211,804
Raymond James Financial, Inc., 4.95%, 07/15/46			400		363,134
SURA Asset Management SA, 4.88%, 04/17/24^(d)			178		174,440

					8,536,681

Chemicals — 1.0%
Air Liquide Finance SA, 3.50%, 09/27/46^(b)			360		287,714
Avient Corp., 7.13%, 08/01/30^(b)			74		76,312
Axalta Coating Systems LLC, 3.38%, 02/15/29^(b)			348		298,161
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27^(b)			242		229,948
Braskem Idesa SAPI, 6.99%, 02/20/32^(b)			200		149,000
Celanese U.S. Holdings LLC, 6.17%, 07/15/27			101		101,576
Element Solutions, Inc., 3.88%, 09/01/28^(b)(e)			1,264		1,109,337
HB Fuller Co., 4.25%, 10/15/28			74		65,645
Herens Holdco SARL, 4.75%, 05/15/28^(b)			400		322,000
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28^(b)			230		203,899
Kobe U.S. Midco 2, Inc., (9.25% Cash or 10.00% PIK), 9.25%, 11/01/26^(b)(h)			176		126,720
LSF11 A5 HoldCo LLC, 6.63%, 10/15/29^(b)			90		75,678
Minerals Technologies, Inc., 5.00%, 07/01/28^(b)			114		103,950
Monitchem HoldCo 3 SA, 5.25%, 03/15/25^(d)	EUR		100		108,047


Security		Par (000)		Value
Chemicals (continued)
Sasol Financing USA LLC, 6.50%, 09/27/28	USD		200	$	186,725
SCIL IV LLC/SCIL USA Holdings LLC, 5.38%, 11/01/26^(b)(e)			400		365,415
Sherwin-Williams Co., 4.50%, 06/01/47			350		308,719
SK Invictus Intermediate II SARL, 5.00%, 10/30/29^(b)			372		308,849
WESCO Distribution, Inc.^(b)
7.13%, 06/15/25			117		118,925
7.25%, 06/15/28^(e)			590		605,812
WR Grace Holdings LLC^(b)
4.88%, 06/15/27			105		101,211
5.63%, 08/15/29^(e)			987		836,482
7.38%, 03/01/31			105		105,397

					6,195,522

Commercial Services & Supplies — 0.5%
ADT Security Corp.^(b)
4.13%, 08/01/29			19		16,944
4.88%, 07/15/32			8		7,058
Albion Financing 1 SARL/Aggreko Holdings, Inc., 6.13%, 10/15/26^(b)			200		178,008
APX Group, Inc.^(b)
6.75%, 02/15/27			123		122,385
5.75%, 07/15/29			181		161,995
BCP V Modular Services Finance II PLC, 4.75%, 11/30/28^(d)	EUR		100		92,087
Cablevision Lightpath LLC, 3.88%, 09/15/27^(b)	USD		220		177,041
Fortress Transportation & Infrastructure Investors LLC^(b)
6.50%, 10/01/25			340		340,226
9.75%, 08/01/27			54		56,975
5.50%, 05/01/28^(e)			260		237,208
Herc Holdings, Inc., 5.50%, 07/15/27^(b)(e)			251		242,215
Hertz Corp.^(b)
4.63%, 12/01/26			85		76,968
5.00%, 12/01/29			70		57,975
LABL, Inc., 9.50%, 11/01/28			162		163,418
Metis Merger Sub LLC, 6.50%, 05/15/29^(b)			82		68,298
NESCO Holdings II, Inc., 5.50%, 04/15/29^(b)			146		132,083
Prime Security Services Borrower LLC/Prime Finance, Inc.^(b)
5.75%, 04/15/26			209		207,432
6.25%, 01/15/28^(e)			172		160,820
Sotheby’s/Bidfair Holdings, Inc., 5.88%, 06/01/29^(b)			400		331,728
Williams Scotsman International, Inc., 6.13%, 06/15/25^(b)			175		173,902

					3,004,766

Communications Equipment — 0.2%
CommScope Technologies LLC, 6.00%, 06/15/25^(b)(e)			530		499,131
CommScope, Inc.^(b)
8.25%, 03/01/27			96		78,634
7.13%, 07/01/28			171		126,119
4.75%, 09/01/29^(e)			355		295,900
Nokia OYJ, 6.63%, 05/15/39			88		87,835
Viasat, Inc., 5.63%, 09/15/25^(b)			320		303,379

					1,390,998

Construction & Engineering — 0.6%
ITR Concession Co. LLC, 4.20%, 07/15/25^(b)			4,000		3,878,721


Security		Par (000)		Value
Construction Materials^(b) — 0.1%
BCPE Empire Holdings, Inc., 7.63%, 05/01/27	USD		187	$	170,871
Resideo Funding, Inc., 4.00%, 09/01/29			42		34,919
Ritchie Bros Holdings, Inc., 6.75%, 03/15/28			56		57,671

					263,461

Consumer Discretionary — 1.0%
APi Group DE, Inc.^(b)
4.13%, 07/15/29			89		76,369
4.75%, 10/15/29			68		59,828
Carnival Corp.^(b)
10.50%, 02/01/26			387		403,223
7.63%, 03/01/26^(e)			48		43,800
5.75%, 03/01/27			711		583,255
9.88%, 08/01/27			223		229,711
4.00%, 08/01/28			447		384,791
6.00%, 05/01/29			393		312,435
Carnival Holdings Bermuda Ltd., 10.38%, 05/01/28^(b)			1,018		1,095,124
CoreLogic, Inc., 4.50%, 05/01/28^(b)(e)			350		265,562
Life Time, Inc.^(b)
5.75%, 01/15/26			231		224,399
8.00%, 04/15/26			166		158,349
Lindblad Expeditions LLC, 6.75%, 02/15/27^(b)			208		201,364
NCL Corp. Ltd.^(b)
5.88%, 03/15/26			144		122,555
8.38%, 02/01/28			95		95,326
7.75%, 02/15/29			46		39,442
NCL Finance Ltd., 6.13%, 03/15/28^(b)			177		143,412
Neptune Bidco U.S., Inc., 9.29%, 04/15/29^(b)			59		54,699
Royal Caribbean Cruises Ltd. ^(b)11.50%, 06/01/25			82		87,434
5.50%, 08/31/26			93		87,006
5.38%, 07/15/27			138		122,917
11.63%, 08/15/27			124		133,182
5.50%, 04/01/28			121		106,829
8.25%, 01/15/29			136		142,273
9.25%, 01/15/29			186		197,625
7.25%, 01/15/30			192		193,200
Techem Verwaltungsgesellschaft 674 mbH, 6.00%, 07/30/26^(d)	EUR		88		90,097
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29^(b)	USD		101		86,691

					5,740,898

Consumer Finance — 1.0%
Block, Inc.
2.75%, 06/01/26			268		244,353
3.50%, 06/01/31			1,210		993,712
Capital One Financial Corp., (1 day SOFR + 2.60%), 5.82%, 02/01/34^(a)			440		425,181
Discover Financial Services, 6.70%, 11/29/32			65		67,011
Global Payments, Inc.
3.20%, 08/15/29			400		351,849
2.90%, 05/15/30			408		345,485
5.40%, 08/15/32			172		168,642
HealthEquity, Inc., 4.50%, 10/01/29^(b)			334		296,748
Moody’s Corp., 2.75%, 08/19/41			350		252,103
Navient Corp.
7.25%, 09/25/23			28		27,905
6.13%, 03/25/24			51		50,315
5.88%, 10/25/24			39		37,884


Security		Par (000)		Value

Consumer Finance (continued)
Navient Corp. (continued) 5.50%, 03/15/29	USD		30	$	25,350
OneMain Finance Corp.
6.88%, 03/15/25			53		51,357
7.13%, 03/15/26^(e)			168		161,497
3.50%, 01/15/27			206		172,888
6.63%, 01/15/28			165		151,274
5.38%, 11/15/29			42		35,333
4.00%, 09/15/30			74		55,500
Sabre Global, Inc.^(b)
9.25%, 04/15/25			124		116,808
7.38%, 09/01/25			64		57,184
11.25%, 12/15/27			89		82,934
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/26^(b)			395		371,300
Shift4 Payments, Inc., 0.00%, 12/15/25^(f)			112		130,883
Verscend Escrow Corp., 9.75%, 08/15/26^(b)(e)			1,355		1,355,000

					6,028,496

Consumer Staples Distribution & Retail — 0.5%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC^(b) 3.25%, 03/15/26			41		38,581
7.50%, 03/15/26			65		66,690
4.63%, 01/15/27^(e)			222		214,693
5.88%, 02/15/28			219		217,654
6.50%, 02/15/28			109		109,273
3.50%, 03/15/29			69		60,036
4.88%, 02/15/30^(e)			194		181,077
Bellis Acquisition Co. PLC, 3.25%, 02/16/26^(d)	GBP		100		100,859
Darling Ingredients, Inc., 6.00%, 06/15/30^(b)	USD		297		295,990
Kraft Heinz Foods Co.
5.00%, 06/04/42			500		479,482
4.38%, 06/01/46			200		174,239
Lamb Weston Holdings, Inc.^(b)
4.88%, 05/15/28			229		222,118
4.13%, 01/31/30^(e)			172		157,380
4.38%, 01/31/32^(e)			109		98,853
Ocado Group PLC, 3.88%, 10/08/26^(d)	GBP		100		91,539
Performance Food Group, Inc.^(b)
5.50%, 10/15/27	USD		28		27,373
4.25%, 08/01/29			279		250,534
Post Holdings, Inc., 4.63%, 04/15/30^(b)			159		142,504
U.S. Foods, Inc.^(b)
4.75%, 02/15/29			290		267,887
4.63%, 06/01/30			27		24,355
United Natural Foods, Inc., 6.75%, 10/15/28^(b)			24		22,306

					3,243,423

Containers & Packaging — 0.4%
Clydesdale Acquisition Holdings, Inc.^(b)
6.63%, 04/15/29			591		568,837
8.75%, 04/15/30			382		347,139
International Paper Co., 6.00%, 11/15/41			870		905,452
LABL, Inc., 5.88%, 11/01/28^(b)			176		156,387
Sealed Air Corp./Sealed Air Corp. U.S., 6.13%, 02/01/28^(b)			113		114,261

					2,092,076


Security		Par (000)		Value

Distributors — 0.2%
Amazon.com, Inc., 4.05%, 08/22/47^(e)	USD		1,500	$	1,360,152


Diversified Consumer Services — 0.9%
Allied Universal Holdco LLC/Allied Universal Finance Corp.^(b)
6.63%, 07/15/26			719		690,963
9.75%, 07/15/27^(e)			200		178,252
6.00%, 06/01/29^(e)			939		700,926
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.63%, 06/01/28^(b)			1,441		1,213,446
Clarivate Science Holdings Corp.^(b)
3.88%, 07/01/28			896		799,652
4.88%, 07/01/29^(e)			435		393,401
Garda World Security Corp.^(b)
4.63%, 02/15/27			81		72,710
7.75%, 02/15/28			240		236,545
Graham Holdings Co., 5.75%, 06/01/26^(b)			27		26,464
Rekeep SpA, 7.25%, 02/01/26^(d)	EUR		100		95,436
Sotheby’s, 7.38%, 10/15/27^(b)(e)	USD		865		818,229

					5,226,024

Diversified REITs — 1.8%
Alexandria Real Estate Equities, Inc.
4.75%, 04/15/35			140		131,198
4.00%, 02/01/50			550		417,087
American Tower Corp., 2.90%, 01/15/30^(e)			1,500		1,304,500
Crown Castle, Inc.
2.10%, 04/01/31			1,000		817,126
2.90%, 04/01/41			350		249,613
Equinix, Inc., 2.50%, 05/15/31			500		411,709
ERP Operating LP, 4.50%, 06/01/45			1,155		997,731
Healthpeak OP LLC, 4.00%, 06/01/25			2,000		1,959,039
Iron Mountain, Inc.^(b)
5.00%, 07/15/28			21		19,540
5.63%, 07/15/32			85		77,651
MPT Operating Partnership LP/MPT Finance Corp.^(e)
4.63%, 08/01/29			345		254,869
3.50%, 03/15/31			740		498,168
Prologis LP, 4.63%, 01/15/33^(e)			1,000		988,288
RHP Hotel Properties LP/RHP Finance Corp.
4.75%, 10/15/27			245		229,613
4.50%, 02/15/29^(b)			125		112,910
Simon Property Group LP, 4.75%, 03/15/42			1,670		1,470,323
Ventas Realty LP, 4.13%, 01/15/26			870		843,721
VICI Properties LP, 4.95%, 02/15/30			138		129,495
VICI Properties LP/VICI Note Co., Inc., 3.88%, 02/15/29^(b)			34		30,230

					10,942,811

Diversified Telecommunication Services — 2.3%
AT&T, Inc. 6.38%, 03/01/41			520		567,856
5.15%, 03/15/42			1,200		1,149,105
4.75%, 05/15/46			1,500		1,354,685
Level 3 Financing, Inc. 3.40%, 03/01/27^(b)			324		256,266
4.63%, 09/15/27^(b)			76		45,695
4.25%, 07/01/28^(b)(e)			402		226,808
3.63%, 01/15/29^(b)			108		59,715
3.75%, 07/15/29^(b)			44		23,459


Security		Par (000)		Value
Diversified Telecommunication Services (continued)
Level 3 Financing, Inc. (continued)
3.88%, 11/15/29^(b)	USD		257	$	185,999
10.50%, 05/15/30			171		169,656
Lumen Technologies, Inc., 4.00%, 02/15/27^(b)			718		473,880
SoftBank Group Corp., 3.13%, 09/19/25^(d)	EUR		100		99,214
Sprint Capital Corp., 8.75%, 03/15/32	USD		767		933,823
Telecom Italia Capital SA
6.38%, 11/15/33			131		118,610
6.00%, 09/30/34			337		288,978
7.20%, 07/18/36			60		54,284
7.72%, 06/04/38			79		73,140
Telecom Italia SpA, 1.63%, 01/18/29^(d)	EUR		100		84,858
Telecom Italia SpA/Milano, 6.88%, 02/15/28^(d)			100		110,619
Verizon Communications, Inc., 6.55%, 09/15/43^(e)	USD		5,000		5,680,547
Zayo Group Holdings, Inc.^(b)
4.00%, 03/01/27^(e)			1,653		1,256,280
6.13%, 03/01/28			1,290		784,578

					13,998,055

Education — 0.1%
Grand Canyon University, 5.13%, 10/01/28			702		633,365


Electric Utilities — 4.0%
Baltimore Gas and Electric Co.
3.50%, 08/15/46			800		617,778
3.75%, 08/15/47			500		397,523
CenterPoint Energy Houston Electric LLC, Series ai, 4.45%, 10/01/32			750		743,146
Cleveland Electric Illuminating Co., 5.95%, 12/15/36			434		447,133
Comision Federal de Electricidad, 4.88%, 01/15/24			200		196,913
Duke Energy Carolinas LLC
6.10%, 06/01/37			640		690,962
6.00%, 01/15/38			1,675		1,806,855
Duke Energy Florida LLC
6.35%, 09/15/37^(e)			2,775		3,092,448
6.40%, 06/15/38			770		874,850
E.ON International Finance BV, 6.65%, 04/30/38^(b)(e)			2,000		2,190,417
Eversource Energy, 2.55%, 03/15/31			350		297,850
FirstEnergy Transmission LLC, 5.45%, 07/15/44^(b)			319		305,619
Ohio Power Co., Series D, 6.60%, 03/01/33^(e)			3,000		3,325,464
Oncor Electric Delivery Co. LLC
4.15%, 06/01/32			1,000		965,047
4.55%, 09/15/32			1,000		994,990
PacifiCorp., 6.25%, 10/15/37			1,225		1,371,659
San Diego Gas & Electric Co., Series VVV, 1.70%, 10/01/30			750		611,901
Southern California Edison Co., 5.63%, 02/01/36			1,300		1,339,579
Virginia Electric and Power Co., Series A, 6.00%, 05/15/37^(e)			3,920		4,206,387

					24,476,521

Electrical Equipment^(b)— 0.2%
Gates Global LLC/Gates Corp., 6.25%, 01/15/26			406		398,895
Regal Rexnord Corp.
6.05%, 02/15/26			65		65,285
6.05%, 04/15/28			411		411,183
6.30%, 02/15/30			145		146,001
6.40%, 04/15/33			150		150,093

					1,171,457

Electronic Equipment, Instruments & Components — 0.4%
CDW LLC/CDW Finance Corp.
3.28%, 12/01/28			15		13,213


Security		Par (000)		Value
Electronic Equipment, Instruments & Components (continued)
CDW LLC/CDW Finance Corp. (continued)
3.25%, 02/15/29	USD		191	$	167,983
Corning, Inc., 4.38%, 11/15/57			2,000		1,691,603
Imola Merger Corp., 4.75%, 05/15/29^(b)(e)			203		181,602
Vertiv Group Corp., 4.13%, 11/15/28^(b)(e)			412		363,530

					2,417,931

Energy Equipment & Services — 0.4%
Archrock Partners LP/Archrock Partners Finance Corp.^(b)
6.88%, 04/01/27			331		324,794
6.25%, 04/01/28			464		445,440
Halliburton Co., 5.00%, 11/15/45			500		455,154
USA Compression Partners LP/USA Compression Finance Corp.
6.88%, 04/01/26			315		306,163
6.88%, 09/01/27			278		265,651
Vallourec SA, 8.50%, 06/30/26^(d)	EUR		17		18,344
Weatherford International Ltd.^(b)
11.00%, 12/01/24	USD		5		5,131
6.50%, 09/15/28			151		151,258
8.63%, 04/30/30			220		225,073

					2,197,008

Environmental, Maintenance & Security Service — 0.4%
Clean Harbors, Inc., 6.38%, 02/01/31^(b)			77		78,560
Covanta Holding Corp.
4.88%, 12/01/29^(b)			92		81,856
5.00%, 09/01/30			48		41,290
GFL Environmental, Inc.^(b)
4.25%, 06/01/25			110		107,330
3.75%, 08/01/25			120		115,320
5.13%, 12/15/26			139		135,909
4.00%, 08/01/28			295		268,028
3.50%, 09/01/28			111		100,455
4.75%, 06/15/29^(e)			287		268,087
4.38%, 08/15/29			252		225,590
Tervita Corp., 11.00%, 12/01/25^(b)			77		82,583
Waste Management, Inc., 2.95%, 06/01/41			350		267,805
Waste Pro USA, Inc., 5.50%, 02/15/26^(b)			618		568,351

					2,341,164

Financial Services — 4.5%
ABRA Global Finance, 11.50%, 03/02/28			185		144,437
Acuris Finance U.S., Inc./Acuris Finance SARL, 5.00%, 05/01/28^(b)			272		213,520
ASG Finance Designated Activity Co., 7.88%, 12/03/24^(b)			200		192,750
Bank of America Corp.^(a)(e)
(1 day SOFR + 1.99%), 6.20%, 11/10/28			248		259,255
(3 mo. LIBOR US + 1.31%), 4.27%, 07/23/29			4,000		3,851,524
Barclays PLC, (1 year CMT + 1.05%), 2.28%, 11/24/27^(a)(e)			3,000		2,634,742
Blackstone Holdings Finance Co. LLC, 5.90%, 11/03/27^(b)			417		425,267
BNP Paribas SA, (5 year CMT + 3.34%), 4.63%^(a)(b)(g)			2,000		1,494,720
Citigroup, Inc., (5 year CMT + 3.42%), 3.88%^(a)(g)			160		135,120
Credit Agricole SA, (5 year USD Swap + 4.90%), 7.88%^(a)(b)(g)			1,000		977,020
Deutsche Bank AG/New York, (1 day SOFR + 3.18%), 6.72%, 01/18/29^(a)			850		844,059
Global Aircraft Leasing Co. Ltd., (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24^(b)(h)			225		202,177


Security		Par (000)		Value

Financial Services (continued)
Goldman Sachs Group, Inc.
3.75%, 05/22/25	USD		1,425	$	1,383,839
(3 mo. LIBOR US + 1.30%), 4.22%, 05/01/29^(a)(e)			4,000		3,833,178
Series R, (5 year CMT + 3.22%), 4.95%^(a)(g)			465		425,820
Home Point Capital, Inc., 5.00%, 02/01/26^(b)			116		87,035
HSBC Holdings PLC
6.10%, 01/14/42			610		652,949
(5 year CMT + 3.25%), 4.70%^(a)(e)(g)			275		204,473
(5 year USD ICE Swap + 4.37%), 6.38%^(a)(g)			1,000		918,954
ION Trading Technologies SARL, 5.75%, 05/15/28^(b)			200		159,734
Jefferies Finance LLC/JFIN Co.-Issuer Corp., 5.00%, 08/15/28^(b)			220		186,250
JPMorgan Chase & Co.^(a)
(1 day SOFR + 1.18%), 2.55%, 11/08/32			1,000		829,095
(3 mo. LIBOR US + 1.16%), 3.70%, 05/06/30			1,000		929,586
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.^(b)5.25%, 10/01/25			30		26,394
4.25%, 02/01/27			42		33,180
4.75%, 06/15/29			46		33,250
Lloyds Banking Group PLC, (5 year CMT + 4.82%), 6.75%^(a)(g)			595		538,711
Morgan Stanley
4.00%, 07/23/25			905		885,849
(1 day SOFR + 1.73%), 5.12%, 02/01/29^(a)(e)			3,000		3,023,833
(5 year CMT + 2.43%), 5.95%, 01/19/38^(a)			70		69,609
Nationstar Mortgage Holdings, Inc.^(b)
6.00%, 01/15/27			33		29,948
5.13%, 12/15/30			69		53,021
5.75%, 11/15/31			78		60,502
NatWest Group PLC, (1 year CMT + 2.27%), 5.52%, 09/30/28^(a)			1,000		990,842
Operadora de Servicios Mega SA de CV Sofom ER, 8.25%, 02/11/25^(b)			200		96,038
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc., 2.88%, 10/15/26^(b)(e)			524		468,980
Spectrum Brands, Inc.^(b)
5.00%, 10/01/29			53		45,997
5.50%, 07/15/30			104		91,510

					27,433,168

Food Products — 0.4%
Aramark International Finance SARL, 3.13%, 04/01/25^(d)	EUR		100		104,894
Aramark Services, Inc.^(b)
5.00%, 04/01/25	USD		73		71,839
6.38%, 05/01/25			14		14,103
5.00%, 02/01/28^(e)			541		512,038
BRF SA, 4.88%, 01/24/30^(d)			200		164,600
Chobani LLC/Chobani Finance Corp., Inc.^(b)
7.50%, 04/15/25^(e)			803		782,942
4.63%, 11/15/28			628		572,265
Darling Global Finance BV, 3.63%, 05/15/26^(d)	EUR		100		105,109
Grupo Bimbo SAB de CV, (5 year CMT + 3.28%), 5.95%^(a)(b)(g)	USD		200		198,975

					2,526,765

Gas Utilities — 0.0%
Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 06/01/31^(b)			62		54,173


Security		Par (000)		Value

Ground Transportation — 1.3%
Burlington Northern Santa Fe LLC, 5.75%, 05/01/40	USD		1,890	$	2,031,104
Danaos Corp., 8.50%, 03/01/28^(b)			100		97,122
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34^(b)			2,330		2,222,163
Norfolk Southern Corp., 2.30%, 05/15/31			1,800		1,508,735
Union Pacific Corp.
3.38%, 02/14/42			350		288,224
3.84%, 03/20/60			800		647,673
United Rentals North America, Inc., 6.00%, 12/15/29^(b)			1,202		1,218,551

					8,013,572

Health Care Equipment & Supplies — 0.5%
Avantor Funding, Inc.
2.63%, 11/01/25^(d)	EUR		100		104,089
4.63%, 07/15/28^(b)(e)	USD		379		359,102
3.88%, 11/01/29^(b)			17		15,215
Becton Dickinson and Co.
4.30%, 08/22/32			750		724,655
4.69%, 12/15/44			600		558,202
Embecta Corp., 6.75%, 02/15/30^(b)			50		45,500
Garden Spinco Corp., 8.63%, 07/20/30^(b)			136		145,306
Thermo Fisher Scientific, Inc., 5.30%, 02/01/44			1,000		1,043,687

					2,995,756

Health Care Providers & Services — 1.8%
Acadia Healthcare Co., Inc., 5.50%, 07/01/28^(b)			37		35,844
AdaptHealth LLC^(b)
6.13%, 08/01/28			49		44,989
5.13%, 03/01/30			18		15,270
Aetna, Inc., 4.50%, 05/15/42			575		516,275
AHP Health Partners, Inc., 5.75%, 07/15/29^(b)			219		183,960
Cano Health LLC, 6.25%, 10/01/28^(b)			53		29,018
CHS/Community Health Systems, Inc.^(b)
5.63%, 03/15/27			92		80,765
6.00%, 01/15/29			332		280,832
5.25%, 05/15/30			436		342,020
4.75%, 02/15/31			223		164,634
Elevance Health, Inc., 4.65%, 08/15/44			1,500		1,381,648
Encompass Health Corp.
4.75%, 02/01/30			310		281,850
4.63%, 04/01/31			141		123,170
HCA, Inc., 5.50%, 06/15/47			1,090		1,023,172
Legacy LifePoint Health LLC^(b)
6.75%, 04/15/25			226		214,465
4.38%, 02/15/27			92		75,244
Medline Borrower LP^(b)
3.88%, 04/01/29			379		328,782
5.25%, 10/01/29^(e)			855		741,809
ModivCare, Inc., 5.88%, 11/15/25^(b)			95		91,081
Molina Healthcare, Inc.^(b)
4.38%, 06/15/28			32		29,769
3.88%, 11/15/30			122		106,447
3.88%, 05/15/32			13		10,925
Northwell Healthcare, Inc., 4.26%, 11/01/47			725		618,752
Surgery Center Holdings, Inc., 6.75%, 07/01/25^(b)(e)			189		186,973
Teleflex, Inc., 4.63%, 11/15/27			14		13,675
Tenet Healthcare Corp.
4.63%, 09/01/24			98		96,272
4.88%, 01/01/26			411		402,928
6.25%, 02/01/27			123		120,957
5.13%, 11/01/27			379		363,859
4.63%, 06/15/28			55		50,730
6.13%, 10/01/28			122		116,927


Security		Par (000)		Value
Health Care Providers & Services (continued)
Tenet Healthcare Corp. (continued)
6.13%, 06/15/30^(b)	USD		243	$	239,720
UnitedHealth Group, Inc.
5.80%, 03/15/36			1,750		1,909,952
3.05%, 05/15/41			600		472,932

					10,695,646

Health Care Technology^(b)— 0.2%
AthenaHealth Group, Inc., 6.50%, 02/15/30^(e)			1,106		896,811
Catalent Pharma Solutions, Inc., 3.50%, 04/01/30			328		288,256

					1,185,067

Hotels, Restaurants & Leisure — 1.8%
Accor SA, (5 year EUR Swap + 4.56%), 4.38%^(a)(d)(g)	EUR		100		105,090
Boyd Gaming Corp., 4.75%, 12/01/27	USD		88		84,401
Boyne USA, Inc., 4.75%, 05/15/29^(b)			233		208,016
Burger King (Restaurant Brands International, Inc.)/New Red Finance, Inc. ^(b)
3.88%, 01/15/28			39		36,270
4.38%, 01/15/28^(e)			214		197,554
4.00%, 10/15/30			70		60,025
Caesars Entertainment, Inc. ^(b)
6.25%, 07/01/25			851		851,040
8.13%, 07/01/27^(e)			876		893,520
4.63%, 10/15/29^(e)			433		378,659
7.00%, 02/15/30			925		941,188
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/25^(b)			103		103,022
CDI Escrow Issuer, Inc., 5.75%, 04/01/30^(b)			393		379,575
Churchill Downs, Inc. ^(b)
5.50%, 04/01/27			244		238,897
4.75%, 01/15/28			309		289,355
Corvias Campus Living—USG LLC, 5.30%, 07/01/50			5,581		2,064,837
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc. ^(b)
4.63%, 01/15/29			156		136,921
6.75%, 01/15/30			46		37,846
Fortune Star BVI Ltd., 6.75%, 07/02/23^(d)			200		194,500
Hilton Domestic Operating Co., Inc. ^(b)5.75%, 05/01/28			112		112,000
3.75%, 05/01/29			99		88,605
4.00%, 05/01/31			79		69,180
3.63%, 02/15/32			77		64,969
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27			44		43,402
Melco Resorts Finance Ltd.
4.88%, 06/06/25^(b)			200		186,875
5.25%, 04/26/26^(d)			250		225,000
5.75%, 07/21/28^(b)			200		169,200
Merlin Entertainments Ltd., 5.75%, 06/15/26^(b)			400		379,390
MGM China Holdings Ltd., 5.88%, 05/15/26^(d)			450		423,506
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp. ^(b)
5.63%, 09/01/29			63		46,501
5.88%, 09/01/31			79		56,789
Scientific Games International, Inc. ^(b)
8.63%, 07/01/25			136		139,230
7.00%, 05/15/28^(e)			100		99,000
7.25%, 11/15/29			96		96,185
Six Flags Theme Parks, Inc., 7.00%, 07/01/25^(b)			135		136,395


Security		Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Station Casinos LLC^(b)
4.50%, 02/15/28	USD		123	$	111,008
4.63%, 12/01/31			155		130,898
Stonegate Pub Co. Financing PLC, 8.25%, 07/31/25^(d)	GBP		100		114,801
Vail Resorts, Inc., 6.25%, 05/15/25^(b)	USD		105		105,246
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27^(b)(e)			125		118,125
Wynn Macau Ltd.^(d)
4.88%, 10/01/24			200		192,560
5.50%, 10/01/27			200		174,000
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.^(b)
5.13%, 10/01/29			480		436,013
7.13%, 02/15/31^(e)			204		206,931

					11,126,525

Household Durables — 0.2%
Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC^(b)
5.00%, 06/15/29			141		107,865
4.88%, 02/15/30			143		107,843
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25^(b)			173		148,347
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26^(b)			147		144,060
Meritage Homes Corp., 5.13%, 06/06/27			35		34,038
NCR Corp.^(b)
5.00%, 10/01/28			73		64,164
5.13%, 04/15/29			91		78,738
6.13%, 09/01/29			57		56,221
SWF Escrow Issuer Corp., 6.50%, 10/01/29^(b)(e)			223		137,145
Taylor Morrison Communities, Inc.^(b)
5.88%, 06/15/27			125		122,629
5.13%, 08/01/30			37		34,154
Tempur Sealy International, Inc., 3.88%, 10/15/31^(b)			76		63,460
Tri Pointe Homes, Inc., 5.25%, 06/01/27			28		26,600

					1,125,264

Household Products — 0.0%
Central Garden & Pet Co.
5.13%, 02/01/28			35		33,687
4.13%, 10/15/30			116		102,498

					136,185

Independent Power and Renewable Electricity Producers — 0.3%
Calpine Corp.^(b)
5.13%, 03/15/28^(e)			539		493,492
5.00%, 02/01/31			41		34,707
Clearway Energy Operating LLC, 4.75%, 03/15/28^(b)			124		118,420
Greenko Dutch BV, 3.85%, 03/29/26^(d)(e)			188		169,341
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26^(d)			200		187,913
India Cleantech Energy, 4.70%, 08/10/26^(b)			229		200,266
NRG Energy, Inc.
5.75%, 01/15/28			45		44,131
5.25%, 06/15/29^(b)			28		25,994
3.88%, 02/15/32^(b)			45		36,000
7.00%, 03/15/33^(b)			150		155,388
SCC Power PLC^(b)(h)
(4.00% PIK), 4.00%, 05/17/32			134		9,518
(8.00% Cash or 4.00% Cash + 4.00% PIK), 8.00%, 12/31/28			247		87,721


Security		Par (000)		Value

Independent Power and Renewable Electricity Producers (continued)
TerraForm Power Operating LLC, 4.75%, 01/15/30^(b)	USD		121	$	108,499
TransAlta Corp., 7.75%, 11/15/29			77		80,918

					1,752,308

Industrial Conglomerates — 0.4%
General Electric Co., 6.15%, 08/07/37^(e)			2,150		2,305,773


Insurance — 3.5%
Acrisure LLC/Acrisure Finance, Inc., 6.00%, 08/01/29^(b)			140		115,685
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer^(b)
4.25%, 10/15/27			986		883,150
6.75%, 10/15/27^(e)			1,419		1,316,122
6.75%, 04/15/28			432		427,140
5.88%, 11/01/29^(e)			1,379		1,162,901
Allstate Corp.^(a)(3 mo. LIBOR US + 2.12%), 6.50%, 05/15/67^(e)			1,000		944,540
Series B, (3 mo. LIBOR US + 2.94%), 5.75%, 08/15/53			500		486,889
AmWINS Group, Inc., 4.88%, 06/30/29^(b)			189		167,265
Aon Global Ltd.
3.88%, 12/15/25			1,445		1,409,381
4.60%, 06/14/44			500		444,846
Berkshire Hathaway Finance Corp., 4.40%, 05/15/42			500		478,280
GTCR AP Finance, Inc., 8.00%, 05/15/27^(b)			161		153,641
HUB International Ltd.^(b)
7.00%, 05/01/26			938		921,874
5.63%, 12/01/29			35		30,495
Jones Deslauriers Insurance Management, Inc.
8.50%, 03/15/30			197		204,184
10.50%, 12/15/30^(b)			191		192,377
Liberty Mutual Group, Inc., 6.50%, 05/01/42^(b)			2,000		2,097,496
Marsh & McLennan Cos., Inc., 5.88%, 08/01/33			1,500		1,621,305
Progressive Corp., 3.00%, 03/15/32			750		670,102
Prudential Financial, Inc.
5.90%, 03/17/36			500		523,811
5.70%, 12/14/36			1,625		1,724,920
Ryan Specialty Group LLC, 4.38%, 02/01/30^(b)			132		115,418
Teachers Insurance & Annuity Association of America, 4.27%, 05/15/47^(b)			700		590,190
Voya Financial, Inc., (3 mo. LIBOR US + 3.58%), 5.65%, 05/15/53^(a)			4,500		4,342,500

					21,024,512

Interactive Media & Services — 0.1%
Cablevision Lightpath LLC, 5.63%, 09/15/28^(b)			400		276,020
iliad SA^(d)
5.38%, 06/14/27	EUR		100		107,577
5.63%, 02/15/30			100		105,197
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.^(b)
4.75%, 04/30/27	USD		301		257,152
6.00%, 02/15/28			29		21,457

					767,403

Internet Software & Services — 0.5%
Booking Holdings, Inc., 0.75%, 05/01/25			34		50,912
Go Daddy Operating Co. LLC/GD Finance Co., Inc., 5.25%, 12/01/27^(b)			27		26,274
Match Group Holdings II LLC^(b)
5.63%, 02/15/29			6		5,641
4.13%, 08/01/30			20		17,220


Security		Par (000)		Value

Internet Software & Services (continued)
Match Group Holdings II LLC^(b)(continued) 3.63%, 10/01/31	USD		209	$	170,079
Uber Technologies, Inc.
0.00%, 12/15/25^(f)			884		777,726
8.00%, 11/01/26^(b)			265		271,686
7.50%, 09/15/27^(b)(e)			788		812,515
6.25%, 01/15/28^(b)(e)			190		189,525
4.50%, 08/15/29^(b)(e)			745		678,881

					3,000,459

IT Services — 1.0%
Ahead DB Holdings LLC, 6.63%, 05/01/28^(b)			99		81,986
CA Magnum Holdings, 5.38%, 10/31/26^(b)			258		227,685
Camelot Finance SA, 4.50%, 11/01/26^(b)			279		263,655
Dun & Bradstreet Corp., 5.00%, 12/15/29^(b)			534		462,375
Fidelity National Information Services, Inc., 4.50%, 08/15/46			1,000		824,789
Fiserv, Inc., 4.40%, 07/01/49			500		427,189
International Business Machines Corp.
4.40%, 07/27/32			500		486,976
4.75%, 02/06/33			550		546,697
2.95%, 05/15/50			750		506,106
KBR, Inc., 4.75%, 09/30/28^(b)			134		119,744
McAfee Corp., 7.38%, 02/15/30^(b)(e)			734		615,455
Presidio Holdings, Inc., 4.88%, 02/01/27^(b)			32		30,580
Twilio, Inc.
3.63%, 03/15/29			117		100,912
3.88%, 03/15/31^(e)			340		288,497
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29^(b)(e)			874		756,644

					5,739,290

Leisure Products — 0.1%
Mattel, Inc.
6.20%, 10/01/40			218		196,337
5.45%, 11/01/41			149		125,459

					321,796

Machinery — 0.5%
Chart Industries, Inc.^(b)
7.50%, 01/01/30			445		459,783
9.50%, 01/01/31			66		69,630
Husky III Holding Ltd., (13.00% Cash or 13.75% PIK), 13.00%, 02/15/25^(b)(h)			241		203,645
Madison IAQ LLC, 5.88%, 06/30/29^(b)(e)			232		179,220
OT Merger Corp., 7.88%, 10/15/29^(b)			78		46,023
Terex Corp., 5.00%, 05/15/29^(b)			205		190,754
Titan Acquisition Ltd./Titan Co.-Borrower LLC, 7.75%, 04/15/26^(b)			514		430,475
TK Elevator Holdco GmbH, 7.63%, 07/15/28^(b)(e)			400		345,695
TK Elevator Midco GmbH, 4.38%, 07/15/27^(d)	EUR		200		195,752
TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27^(b)(e)	USD		1,207		1,139,529

					3,260,506

Marine Transportation — 0.0%
Huntington Ingalls Industries, Inc., 4.20%, 05/01/30			126		117,927


Media — 5.0%
Altice Financing SA
3.00%, 01/15/28^(d)	EUR		100		86,343
5.75%, 08/15/29^(b)	USD		1,451		1,153,545
Altice France Holding SA, 10.50%, 05/15/27^(b)			488		373,320


Security		Par (000)		Value

Media (continued)
AMC Networks, Inc.
4.75%, 08/01/25	USD		115	$	101,987
4.25%, 02/15/29			83		51,029
Bell Telephone Co. of Canada or Bell Canada, Series US-4, 3.65%, 03/17/51			335		255,807
Cable One, Inc.
0.00%, 03/15/26^(f)			62		48,918
1.13%, 03/15/28			492		359,652
4.00%, 11/15/30^(b)			199		161,980
CCO Holdings LLC/CCO Holdings Capital Corp.
5.13%, 05/01/27^(b)			228		215,460
5.00%, 02/01/28^(b)			210		193,725
6.38%, 09/01/29^(b)(e)			517		493,735
4.75%, 03/01/30^(b)(e)			262		226,995
4.25%, 02/01/31^(b)			431		352,411
7.38%, 03/01/31^(b)(e)			218		214,594
4.75%, 02/01/32^(b)			401		336,781
4.50%, 05/01/32			25		20,446
4.50%, 06/01/33^(b)			227		182,746
4.25%, 01/15/34^(b)(e)			886		692,958
Charter Communications Operating LLC/Charter Communications Operating Capital 5.38%, 05/01/47			1,100		907,553
4.80%, 03/01/50			1,000		762,193
Clear Channel International BV,
6.63%, 08/01/25^(b)			256		249,109
Clear Channel Outdoor Holdings, Inc.^(b)
5.13%, 08/15/27			1,043		936,093
7.75%, 04/15/28^(e)			663		497,250
7.50%, 06/01/29			604		429,263
CMG Media Corp., 8.88%, 12/15/27^(b)			478		361,368
Comcast Corp.
6.45%, 03/15/37			790		904,118
3.90%, 03/01/38			1,500		1,342,637
4.70%, 10/15/48^(e)			3,000		2,840,266
Connect Finco SARL/Connect U.S. Finco LLC, 6.75%, 10/01/26^(b)			1,055		991,700
CSC Holdings LLC
5.25%, 06/01/24			276		266,340
5.50%, 04/15/27^(b)			200		168,420
4.13%, 12/01/30^(b)(e)			600		430,914
4.50%, 11/15/31^(b)			813		586,181
Directv Financing LLC/Directv Financing Co.-Obligor, Inc., 5.88%, 08/15/27^(b)(e)			299		270,804
Discovery Communications LLC, 3.45%, 03/15/25			210		201,666
DISH DBS Corp.
7.75%, 07/01/26^(e)			343		226,380
5.25%, 12/01/26^(b)			829		661,455
5.75%, 12/01/28^(b)			478		356,708
5.13%, 06/01/29			52		27,690
DISH Network Corp., 11.75%, 11/15/27^(b)			127		123,190
Frontier Communications Holdings LLC^(b)
5.88%, 10/15/27^(e)			152		138,183
5.00%, 05/01/28			520		451,235
8.75%, 05/15/30			821		817,724
GCI LLC, 4.75%, 10/15/28^(b)			72		62,117
Iliad Holding SASU^(b)
6.50%, 10/15/26			529		504,147
7.00%, 10/15/28			802		760,930
Interpublic Group of Cos., Inc., 5.40%, 10/01/48			500		481,200


Security		Par (000)		Value

Media (continued)
Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23^(b)(h)	USD		166	$	39,870
Lions Gate Capital Holdings LLC, 5.50%, 04/15/29^(b)			155		101,913
Live Nation Entertainment, Inc.^(b)
5.63%, 03/15/26			11		10,643
6.50%, 05/15/27^(e)			821		829,821
4.75%, 10/15/27			345		319,125
3.75%, 01/15/28			132		118,140
Lorca Telecom Bondco SA, 4.00%, 09/18/27^(d)	EUR		100		99,389
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27^(b)	USD		108		97,740
Network i2i Ltd., (5 year CMT + 4.27%), 5.65%^(a)(d)(g)			400		378,075
Outfront Media Capital LLC/Outfront Media Capital Corp.^(b)
5.00%, 08/15/27^(e)			269		242,323
4.25%, 01/15/29^(e)			283		234,890
4.63%, 03/15/30			26		21,683
Paramount Global, 5.85%, 09/01/43			645		557,477
Radiate Holdco LLC/Radiate Finance, Inc.^(b)
4.50%, 09/15/26^(e)			355		277,788
6.50%, 09/15/28			776		318,160
Sable International Finance Ltd., 5.75%, 09/07/27^(b)			200		186,350
Sinclair Television Group, Inc., 4.13%, 12/01/30^(b)(e)			666		536,963
Sirius XM Radio, Inc. ^(b)
5.00%, 08/01/27			403		377,293
4.00%, 07/15/28			67		57,549
Stagwell Global LLC, 5.63%, 08/15/29^(b)			69		60,509
Summer BC Holdco B SARL, 5.75%, 10/31/26^(d)	EUR		100		94,351
Summer BidCo BV, (9.00% Cash or 9.75% PIK), 9.00%, 11/15/25^(d)(h)			113		94,401
TCI Communications, Inc., 7.88%, 02/15/26	USD		610		665,160
TEGNA, Inc., 4.75%, 03/15/26^(b)			32		30,355
Univision Communications, Inc.^(b)
5.13%, 02/15/25			52		51,073
6.63%, 06/01/27			70		66,374
7.38%, 06/30/30^(e)			144		136,143
UPC Broadband Finco BV, 4.88%, 07/15/31^(b)			303		262,013
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28^(b)			307		272,846
VZ Secured Financing BV, 3.50%, 01/15/32^(d)	EUR		100		86,280
Walt Disney Co.
7.63%, 11/30/28	USD		385		440,282
5.40%, 10/01/43			500		526,892
Warnermedia Holdings, Inc., 6.41%, 03/15/26			65		65,328
Ziggo Bond Co. BV, 6.00%, 01/15/27^(b)			150		138,392
Ziggo BV, 4.88%, 01/15/30^(b)			200		170,500

					30,245,357

Metals & Mining — 1.3%
ABJA Investment Co. Pte. Ltd.^(d)
5.95%, 07/31/24			250		248,125
5.45%, 01/24/28			200		193,162
Arconic Corp.^(b)
6.00%, 05/15/25			89		89,000
6.13%, 02/15/28^(e)			393		386,597
ATI, Inc.
5.88%, 12/01/27			121		118,205
4.88%, 10/01/29			68		61,884
5.13%, 10/01/31			187		170,170
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29^(b)			982		974,498


Security		Par (000)		Value
Metals & Mining (continued)
Carpenter Technology Corp. 6.38%, 07/15/28	USD		180	$	175,573
7.63%, 03/15/30			151		156,186
Constellium SE 4.25%, 02/15/26^(d)	EUR		100		105,223
5.63%, 06/15/28^(b)	USD		250		236,006
3.75%, 04/15/29^(b)			1,091		945,035
JSW Steel Ltd., 5.95%, 04/18/24^(d)			200		196,500
Kaiser Aluminum Corp.^(b)4.63%, 03/01/28			98		87,222
4.50%, 06/01/31			535		439,347
New Gold, Inc., 7.50%, 07/15/27^(b)			470		452,408
Nexans SA, 5.50%, 04/05/28	EUR		100		110,519
Novelis Corp.^(b)3.25%, 11/15/26^(e)	USD		749		684,485
4.75%, 01/30/30^(e)			534		490,637
3.88%, 08/15/31			528		444,703
Novelis Sheet Ingot GmbH, 3.38%, 04/15/29^(d)	EUR		100		94,290
Rio Tinto Finance USA PLC, 4.75%, 03/22/42	USD		400		389,932
Roller Bearing Co. of America, Inc., 4.38%, 10/15/29^(b)			82		73,219
Stillwater Mining Co., 4.00%, 11/16/26^(d)			200		178,500
Vedanta Resources Finance II PLC, 13.88%, 01/21/24^(d)			200		160,162

					7,661,588

Multi-Utilities — 0.2%
KeySpan Gas East Corp., 5.82%, 04/01/41^(b)			1,010		1,012,150
NiSource, Inc., 1.70%, 02/15/31			400		316,627

					1,328,777

Offshore Drilling & Other Services — 0.3%
Entegris Escrow Corp., 4.75%, 04/15/29^(b)			1,279		1,209,170
Entegris, Inc. ^(b)4.38%, 04/15/28			294		265,608
3.63%, 05/01/29			79		68,189
KLA Corp., 3.30%, 03/01/50			500		382,197

					1,925,164

Oil, Gas & Consumable Fuels — 8.4%
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26^(b)			559		548,502
Antero Midstream Partners LP/Antero Midstream Finance Corp.^(b)
5.75%, 03/01/27			203		198,335
5.75%, 01/15/28			39		37,440
5.38%, 06/15/29			140		131,760
Antero Resources Corp., 7.63%, 02/01/29^(b)			83		84,867
Apache Corp. 4.25%, 01/15/30^(e)			113		103,112
5.10%, 09/01/40^(e)			202		171,195
5.35%, 07/01/49			97		74,965
Arcosa, Inc., 4.38%, 04/15/29^(b)			238		211,668
Ascent Resources Utica Holdings LLC/ARU Finance Corp.^(b)
9.00%, 11/01/27			585		710,633
5.88%, 06/30/29			96		84,720
Buckeye Partners LP 4.13%, 03/01/25^(b)			179		169,319
5.85%, 11/15/43			94		70,978
5.60%, 10/15/44			59		41,780
Burlington Resources LLC, 5.95%, 10/15/36			685		743,108


Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Callon Petroleum Co. 8.25%, 07/15/25	USD		31	$	30,783
6.38%, 07/01/26			111		105,450
8.00%, 08/01/28^(b)			438		433,927
7.50%, 06/15/30^(b)			375		352,500
Cellnex Finance Co. SA, 1.25%, 01/15/29^(d)	EUR		100		88,705
Cheniere Energy Partners LP 4.50%, 10/01/29^(e)	USD		714		663,314
4.00%, 03/01/31			174		154,850
3.25%, 01/31/32^(e)			625		516,325
Chesapeake Energy Corp.^(b)5.88%, 02/01/29			28		26,653
6.75%, 04/15/29			305		302,792
Civitas Resources, Inc., 5.00%, 10/15/26^(b)			60		56,401
CNX Midstream Partners LP, 4.75%, 04/15/30^(b)			66		56,760
CNX Resources Corp.^(b)6.00%, 01/15/29			46		43,010
7.38%, 01/15/31^(e)			137		134,945
Comstock Resources, Inc.^(b)6.75%, 03/01/29^(e)			472		431,899
5.88%, 01/15/30			484		415,828
ConocoPhillips, 6.50%, 02/01/39			600		697,282
CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, 06/15/31^(b)			1,000		898,850
Crescent Energy Finance LLC^(b)7.25%, 05/01/26			496		466,240
9.25%, 02/15/28^(e)			180		172,575
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.^(b)
5.63%, 05/01/27			34		32,756
6.00%, 02/01/29			281		267,509
8.00%, 04/01/29			29		29,580
7.38%, 02/01/31			69		69,000
CrownRock LP/CrownRock Finance, Inc.^(b)5.63%, 10/15/25^(e)			673		659,580
5.00%, 05/01/29			29		27,017
DCP Midstream Operating LP^(b)6.45%, 11/03/36			106		109,937
6.75%, 09/15/37			172		186,574
Devon Energy Corp. 5.85%, 12/15/25			1,000		1,016,065
4.75%, 05/15/42			300		261,090
Diamondback Energy, Inc., 6.25%, 03/15/33			431		455,471
DT Midstream, Inc., 4.38%, 06/15/31^(b)			337		293,591
Earthstone Energy Holdings LLC, 8.00%, 04/15/27^(b)(e)			189		183,392
Ecopetrol SA 4.63%, 11/02/31			130		99,404
8.88%, 01/13/33			175		176,531
5.88%, 05/28/45			111		76,035
eG Global Finance PLC^(b)6.75%, 02/07/25			241		223,055
8.50%, 10/30/25			200		187,204
El Paso Natural Gas Co. LLC, 3.50%, 02/15/32^(b)			101		86,802
Enbridge, Inc.^(a)
(3 mo. LIBOR US + 3.64%), 6.25%, 03/01/78			1,935		1,759,687
Series 20-A, (5 year CMT + 5.31%), 5.75%, 07/15/80			950		845,208
Endeavor Energy Resources LP/EER Finance, Inc., 5.75%, 01/30/28^(b)			239		237,207
Energy Transfer LP 4.05%, 03/15/25			500		490,401


Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Energy Transfer LP (continued) 4.75%, 01/15/26	USD		1,250	$	1,234,475
3.90%, 07/15/26			310		298,134
3.75%, 05/15/30^(e)			577		532,462
5.30%, 04/15/47			540		473,194
Series H, (5 year CMT + 5.69%), 6.50%^(a)(g)			307		270,160
EnLink Midstream LLC 5.63%, 01/15/28^(b)			235		230,300
5.38%, 06/01/29			280		269,500
6.50%, 09/01/30^(b)			160		161,794
EnLink Midstream Partners LP 4.15%, 06/01/25			4		3,880
4.85%, 07/15/26			67		64,487
5.60%, 04/01/44			155		126,506
5.45%, 06/01/47			42		33,473
Enterprise Products Operating LLC, 6.13%, 10/15/39			1,400		1,519,444
EOG Resources, Inc., 5.10%, 01/15/36			200		198,538
EQM Midstream Partners LP 6.00%, 07/01/25^(b)			89		87,985
4.13%, 12/01/26			68		61,754
6.50%, 07/01/27^(b)			245		237,474
4.50%, 01/15/29^(b)			13		11,050
7.50%, 06/01/30^(b)			57		55,219
4.75%, 01/15/31^(b)			348		288,840
Genesis Energy LP/Genesis Energy Finance Corp. 6.50%, 10/01/25			72		69,743
7.75%, 02/01/28			107		103,744
8.88%, 04/15/30			109		110,362
Gulfport Energy Corp., 8.00%, 05/17/26^(b)			25		24,750
Harvest Midstream I LP, 7.50%, 09/01/28^(b)			40		39,893
Hess Corp., 4.30%, 04/01/27			1,100		1,073,737
Hilcorp Energy I LP/Hilcorp Finance Co. ^(b)6.25%, 11/01/28			70		66,429
5.75%, 02/01/29			146		134,400
6.00%, 02/01/31			11		10,128
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26^(d)			200		188,912
HTA Group Ltd., 7.00%, 12/18/25^(b)			200		189,875
IHS Holding Ltd., 6.25%, 11/29/28^(b)			200		159,600
Impulsora Pipeline LLC, 6.05%, 12/31/42^(a)(c)			1,614		1,451,377
ITT Holdings LLC, 6.50%, 08/01/29^(b)			232		195,882
Kinder Morgan, Inc. 4.80%, 02/01/33			276		266,292
5.05%, 02/15/46^(e)			1,400		1,234,420
Kinetik Holdings LP, 5.88%, 06/15/30^(b)(e)			364		350,350
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26^(b)			22		21,392
Marathon Petroleum Corp., 6.50%, 03/01/41^(e)			1,150		1,226,850
Matador Resources Co., 5.88%, 09/15/26			366		361,103
Medco Oak Tree Pte. Ltd., 7.38%, 05/14/26^(d)			288		275,040
MPLX LP 4.25%, 12/01/27			250		242,079
4.80%, 02/15/29			500		495,348
Murphy Oil Corp. 5.75%, 08/15/25			9		8,888
5.88%, 12/01/27			40		38,957
6.13%, 12/01/42			18		14,913
Murphy Oil USA, Inc., 4.75%, 09/15/29			95		86,536
Nabors Industries Ltd.^(b)7.25%, 01/15/26			140		133,525
7.50%, 01/15/28			204		188,272


Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Nabors Industries, Inc. 5.75%, 02/01/25	USD		713	$	690,719
7.38%, 05/15/27^(b)			258		252,680
New Fortress Energy, Inc.^(b)6.75%, 09/15/25			630		606,375
6.50%, 09/30/26			928		853,760
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26^(b)(e)			128		123,505
NGPL PipeCo LLC, 7.77%, 12/15/37^(b)			138		152,071
Northern Oil & Gas, Inc., 8.13%, 03/01/28^(b)			660		654,687
NuStar Logistics LP 6.00%, 06/01/26			99		97,041
6.38%, 10/01/30			17		16,311
Occidental Petroleum Corp. 8.88%, 07/15/30			187		217,507
6.63%, 09/01/30^(e)			666		701,411
6.13%, 01/01/31			27		28,012
7.50%, 05/01/31			64		70,586
6.45%, 09/15/36^(e)			167		175,589
6.20%, 03/15/40			489		491,641
4.63%, 06/15/45			18		14,418
6.60%, 03/15/46			199		209,226
4.40%, 04/15/46			69		54,682
4.20%, 03/15/48			22		17,050
Oil & Gas Holding Co. BSCC, 7.63%, 11/07/24^(d)			200		203,000
OQ SAOC, 5.13%, 05/06/28^(b)			200		189,850
PDC Energy, Inc. 6.13%, 09/15/24			58		57,710
5.75%, 05/15/26			164		159,646
Permian Resources Operating LLC^(b)5.38%, 01/15/26			32		30,331
7.75%, 02/15/26			384		384,960
6.88%, 04/01/27			138		135,008
5.88%, 07/01/29			449		425,154
Petroleos Mexicanos 6.50%, 03/13/27			212		191,563
8.75%, 06/02/29			204		188,727
5.95%, 01/28/31			245		186,420
6.70%, 02/16/32			235		186,308
6.38%, 01/23/45			48		30,432
Plains All American Pipeline LP/PAA Finance Corp., 3.55%, 12/15/29			116		103,710
Precision Drilling Corp., 6.88%, 01/15/29^(b)			9		8,167
Puma International Financing SA, 5.13%, 10/06/24^(b)			200		187,000
Range Resources Corp., 4.88%, 05/15/25			10		9,804
Rockcliff Energy II LLC, 5.50%, 10/15/29^(b)			128		113,442
Rockies Express Pipeline LLC, 4.95%, 07/15/29^(b)			36		32,070
Sabine Pass Liquefaction LLC, 5.88%, 06/30/26^(e)			1,750		1,785,892
SM Energy Co. 5.63%, 06/01/25			111		107,625
6.75%, 09/15/26			85		83,356
6.63%, 01/15/27			14		13,449
6.50%, 07/15/28			114		108,786
Southwestern Energy Co. 5.38%, 02/01/29^(e)			212		199,810
4.75%, 02/01/32			4		3,532
Suncor Energy, Inc., 6.50%, 06/15/38			1,000		1,071,020
Sunoco LP/Sunoco Finance Corp. 6.00%, 04/15/27			38		37,517
5.88%, 03/15/28			4		3,840


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.^(b)
7.50%, 10/01/25	USD		9	$	8,996
6.00%, 03/01/27			29		27,451
5.50%, 01/15/28			56		51,204
6.00%, 12/31/30			20		17,875
6.00%, 09/01/31			88		77,816
Tap Rock Resources LLC, 7.00%, 10/01/26^(b)			519		454,674
TransCanada PipeLines Ltd., 4.63%, 03/01/34			500		469,551
Transocean Titan Financing Ltd., 8.38%, 02/01/28^(b)			125		128,634
Transocean, Inc.^(b)
7.50%, 01/15/26			174		157,985
11.50%, 01/30/27			106		109,477
8.75%, 02/15/30			689		702,780
Venture Global Calcasieu Pass LLC^(b)
3.88%, 08/15/29			590		532,180
4.13%, 08/15/31			539		473,555
3.88%, 11/01/33^(e)			1,154		969,360
Vermilion Energy, Inc., 6.88%, 05/01/30^(b)			108		98,355
Vivo Energy Investments BV, 5.13%, 09/24/27^(b)			200		182,537
Western Midstream Operating LP
6.15%, 04/01/33			50		50,678
5.45%, 04/01/44			229		199,693
5.30%, 03/01/48			75		63,548
5.50%, 08/15/48			69		59,421
5.50%, 02/01/50			678		575,283
Williams Cos., Inc.
3.90%, 01/15/25			1,150		1,127,520
4.00%, 09/15/25			750		732,420

					51,062,426

Passenger Airlines — 1.4%
Air Canada, 3.88%, 08/15/26^(b)			324		294,192
Allegiant Travel Co., 7.25%, 08/15/27^(b)			80		79,640
American Airlines Pass-Through Trust
Series 2015-2, Class A, 4.00%, 03/22/29			1,003		886,920
Series 2015-2, Class AA, 3.60%, 03/22/29			1,003		918,358
American Airlines, Inc.^(b)
11.75%, 07/15/25			530		579,841
7.25%, 02/15/28			47		45,708
American Airlines, Inc./AAdvantage Loyalty IP Ltd.^(b)
5.50%, 04/20/26			189		186,029
5.75%, 04/20/29			630		604,635
Avianca Midco 2 PLC, 9.00%, 12/01/28^(b)			150		123,308
Deutsche Lufthansa AG, 2.88%, 05/16/27^(d)	EUR		100		97,588
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26^(b)(e)	USD		168		159,492
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27^(b)			631		629,093
United Airlines Pass-Through Trust
Series 2013-1, Class A, 4.30%, 02/15/27			2,313		2,219,237
Series 2020-1, Class A, 5.88%, 04/15/29			362		361,083
Series 2020-1, Class B, 4.88%, 07/15/27			25		24,480
United Airlines, Inc.^(b)
4.38%, 04/15/26			393		375,988
4.63%, 04/15/29			657		594,257

					8,179,849

Pharmaceuticals — 1.6%
AbbVie, Inc.
3.20%, 05/14/26			500		482,761


Security		Par (000)		Value

Pharmaceuticals (continued)
AbbVie, Inc. (continued)
4.55%, 03/15/35^(e)	USD		2,140	$	2,092,421
4.45%, 05/14/46^(e)			2,095		1,895,582
Bristol-Myers Squibb Co.
3.55%, 03/15/42			350		297,675
4.35%, 11/15/47			300		278,986
Cheplapharm Arzneimittel GmbH, 3.50%, 02/11/27^(d)	EUR		100		99,774
CVS Health Corp.
5.13%, 07/20/45	USD		700		664,062
5.05%, 03/25/48			1,821		1,703,557
Gruenenthal GmbH, 4.13%, 05/15/28^(d)	EUR		100		98,147
Jazz Securities DAC, 4.38%, 01/15/29^(b)	USD		200		184,000
Option Care Health, Inc., 4.38%, 10/31/29^(b)			166		146,593
Organon & Co./Organon Foreign Debt Co.-Issuer BV^(b)
4.13%, 04/30/28			240		219,386
5.13%, 04/30/31^(e)			387		343,518
Takeda Pharmaceutical Co. Ltd., 2.05%, 03/31/30			500		422,197
Teva Pharmaceutical Finance Netherlands II BV, 7.38%, 09/15/29	EUR		100		109,498
Teva Pharmaceutical Finance Netherlands III BV
7.13%, 01/31/25	USD		200		202,625
3.15%, 10/01/26			115		103,428
4.75%, 05/09/27			200		186,000
7.88%, 09/15/29			200		208,500

					9,738,710

Real Estate — 0.0%
VICI Properties LP/VICI Note Co., Inc., 4.50%, 01/15/28^(b)			68		62,971


Real Estate Management & Development — 0.3%
Agps Bondco PLC, 2.75%, 11/13/26^(d)(i)(j)	EUR		100		41,927
China SCE Group Holdings Ltd., 7.38%, 04/09/24^(d)	USD		200		135,000
CIFI Holdings Group Co. Ltd., 6.45%, 11/07/24^(d)(i)(j)			200		41,000
Country Garden Holdings Co. Ltd., 6.50%, 04/08/24^(d)			200		159,000
Easy Tactic Ltd., (6.50% Cash or 7.50% PIK), 7.50%, 07/11/27^(h)			218		50,106
Fantasia Holdings Group Co. Ltd.^(i)(j)
11.75%, 04/17/22^(d)			200		20,500
10.88%, 01/09/23			307		31,468
11.88%, 06/01/23^(d)			400		41,000
9.25%, 07/28/23^(d)			300		30,750
Global Prime Capital Pte. Ltd., 5.95%, 01/23/25^(d)			200		191,725
Modern Land China Co. Ltd., (2.00% Cash or 2.00% PIK), 9.00%, 12/30/26^(d)(h)(i)(j)			226		15,260
Realogy Group LLC/Realogy Co.-Issuer Corp.^(b)
5.75%, 01/15/29			180		134,723
5.25%, 04/15/30			91		66,328
Ronshine China Holdings Ltd., 7.35%, 12/15/23^(d)(i)(j)			200		13,500
Theta Capital Pte. Ltd., 8.13%, 01/22/25^(d)			200		160,662
VICI Properties LP, 5.13%, 05/15/32			439		413,599
Wanda Properties Overseas Ltd., 6.88%, 07/23/23^(d)			200		193,500
Yanlord Land HK Co. Ltd., 6.75%, 04/23/23^(d)			250		249,375
Yuzhou Group Holdings Co. Ltd.^(d)(i)(j)
7.70%, 02/20/25			263		23,013
7.38%, 01/13/26			200		17,500
Zhenro Properties Group Ltd., 7.88%, 04/14/24^(d)(i)(j)			200		15,000

					2,044,936

Semiconductors & Semiconductor Equipment — 0.9%
Broadcom, Inc.
4.75%, 04/15/29^(e)			2,500		2,468,216


Security		Par (000)		Value

Semiconductors & Semiconductor Equipment (continued)
Broadcom, Inc. (continued)
4.30%, 11/15/32	USD		466	$	429,345
3.42%, 04/15/33^(b)			287		240,136
3.14%, 11/15/35^(b)			162		124,588
Intel Corp.
5.13%, 02/10/30			750		763,843
2.00%, 08/12/31^(e)			1,000		823,701
Marvell Technology, Inc., 2.95%, 04/15/31			166		138,618
QUALCOMM, Inc., 4.65%, 05/20/35			250		252,324
Sensata Technologies B.V.^(b)
5.00%, 10/01/25			70		69,487
5.88%, 09/01/30			200		198,250
Sensata Technologies, Inc., 4.38%, 02/15/30^(b)			36		32,802
Synaptics, Inc., 4.00%, 06/15/29^(b)(e)			112		96,447

					5,637,757

Software — 1.9%
ACI Worldwide, Inc., 5.75%, 08/15/26^(b)			262		259,380
Alteryx, Inc., 8.75%, 03/15/28			164		165,061
Boxer Parent Co., Inc.
6.50%, 10/02/25^(d)	EUR		100		107,172
7.13%, 10/02/25^(b)	USD		187		186,109
9.13%, 03/01/26^(b)			948		919,295
Central Parent, Inc./CDK Global, Inc., 7.25%, 06/15/29^(b)			533		523,874
Cloud Software Group Holdings, Inc., 6.50%, 03/31/29^(b)(e)			1,818		1,608,210
Crowdstrike Holdings, Inc., 3.00%, 02/15/29			30		26,182
Elastic NV, 4.13%, 07/15/29^(b)			254		216,853
Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL, 4.63%, 05/01/28^(b)			200		162,493
Iron Mountain Information Management Services, Inc., 5.00%, 07/15/32^(b)			76		65,264
Microsoft Corp., 2.92%, 03/17/52^(e)			1,600		1,216,275
MicroStrategy, Inc., 6.13%, 06/15/28^(b)(e)			305		270,688
Open Text Corp., 6.90%, 12/01/27^(b)			615		634,434
Oracle Corp.
2.88%, 03/25/31			185		158,305
6.25%, 11/09/32			339		364,612
5.38%, 07/15/40^(e)			3,025		2,896,115
4.00%, 11/15/47			400		305,103
3.95%, 03/25/51			600		451,486
SS&C Technologies, Inc., 5.50%, 09/30/27^(b)			647		627,783
Veritas U.S., Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25^(b)			189		142,272

					11,306,966

Specialized REITs — 0.1%
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 10.50%, 02/15/28^(b)			344		333,680


Specialty Retail^(b)— 0.1%
Arko Corp., 5.13%, 11/15/29			123		101,806
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 02/15/29^(e)			493		483,934
Staples, Inc., 7.50%, 04/15/26			157		137,552

					723,292


Security		Par (000)		Value

Technology Hardware, Storage & Peripherals — 0.6%
Apple, Inc.
4.65%, 02/23/46^(e)	USD		2,400	$	2,416,807
3.75%, 11/13/47			1,000		876,390
Coherent Corp., 5.00%, 12/15/29^(b)			523		474,727

					3,767,924

Textiles, Apparel & Luxury Goods — 0.0%
Hanesbrands, Inc., 9.00%, 02/15/31^(b)			203		207,821


Tobacco — 0.8%
Altria Group, Inc.
2.45%, 02/04/32			200		157,436
5.38%, 01/31/44^(e)			2,000		1,829,703
Reynolds American, Inc.
4.45%, 06/12/25			635		623,529
7.00%, 08/04/41			1,000		1,024,390
5.85%, 08/15/45			1,500		1,352,339

					4,987,397

Transportation Infrastructure — 0.5%
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29^(b)			200		194,375
Azzurra Aeroporti SpA, 2.63%, 05/30/27^(d)	EUR		100		95,600
FedEx Corp., 4.75%, 11/15/45^(e)	USD		1,250		1,129,060
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27^(d)			200		173,918
i-595 Express LLC, 3.31%, 12/31/31^(a)(c)			696		656,495
Transurban Finance Co. Pty. Ltd., 4.13%, 02/02/26^(b)			580		563,597

					2,813,045

Utilities — 0.8%
American Water Capital Corp., 4.45%, 06/01/32			1,350		1,329,254
Consensus Cloud Solutions, Inc.^(b)
6.00%, 10/15/26			48		41,701
6.50%, 10/15/28			45		37,318
Electricite de France SA, 5.60%, 01/27/40^(b)(e)			2,800		2,653,721
FEL Energy VI SARL, 5.75%, 12/01/40			185		151,528
Mong Duong Finance Holdings BV, 5.13%, 05/07/29^(d)			576		485,388
Star Energy Geothermal Wayang Windu Ltd., 6.75%, 04/24/33^(d)			211		205,182
Vistra Operations Co. LLC^(b)
5.50%, 09/01/26			12		11,650
5.00%, 07/31/27			12		11,346
4.38%, 05/01/29			58		51,354

					4,978,442

Wireless Telecommunication Services — 1.2%
Altice France SA/France^(b)
5.13%, 07/15/29			544		409,360
5.50%, 10/15/29			200		152,931
Crown Castle, Inc., 3.10%, 11/15/29			750		666,622
Kenbourne Invest SA, 6.88%, 11/26/24^(b)			210		157,474
Millicom International Cellular SA, 4.50%, 04/27/31^(b)			200		159,250
Rogers Communications, Inc., 7.50%, 08/15/38^(e)			2,325		2,683,956
SBA Communications Corp., 3.13%, 02/01/29^(e)			321		279,251
Sprint LLC, 7.63%, 03/01/26			234		247,450
T-Mobile USA, Inc.
2.55%, 02/15/31			500		423,796
4.50%, 04/15/50			500		435,446
VICI Properties LP/VICI Note Co., Inc.^(b)
5.63%, 05/01/24			37		36,676


Security		Par (000)		Value

Wireless Telecommunication Services (continued)
VICI Properties LP/VICI Note Co., Inc.^(b)(continued)
3.50%, 02/15/25	USD		75	$	71,079
4.63%, 06/15/25			33		31,905
4.25%, 12/01/26			73		68,110
4.63%, 12/01/29			378		344,099
4.13%, 08/15/30			267		235,837
Vmed O2 U.K. Financing I PLC, 4.50%, 07/15/31^(d)	GBP		100		98,071
Vodafone Group PLC, 4.25%, 09/17/50	USD		700		572,263

					7,073,576


Total Corporate Bonds — 69.5%
(Cost: $446,898,013)					420,565,397


Floating Rate Loan Interests^(a)

Aerospace & Defense — 0.2%
Peraton Corp.
2nd Lien Term Loan B1, (3 mo. LIBOR US at 0.75% Floor + 7.75%), 12.65%, 02/01/29			404		392,300
Term Loan B, (1 mo. LIBOR US at 0.75% Floor + 3.75%), 8.59%, 02/01/28			519		511,489

					903,789

Air Freight & Logistics — 0.0%
AIT Worldwide Logistics Holdings, Inc., 2021 Term Loan, (3 mo. LIBOR US at 0.75% Floor + 4.75%), 9.45%, 04/06/28			76		73,064
PECF USS Intermediate Holding III Corp., Term Loan B, (1 mo. LIBOR US at 0.50% Floor + 4.25%), 9.09%, 12/15/28			165		138,103

					211,167

Banks — 0.1%
DirecTV Financing LLC, Term Loan, (1 mo. LIBOR US at 0.75% Floor + 5.00%), 9.84%, 08/02/27			613		589,079


Beverages — 0.0%
Naked Juice LLC, 2nd Lien Term Loan, (3 mo. SOFRTE at 0.50% Floor + 6.00%), 11.00%, 01/24/30			20		14,917


Capital Markets — 0.1%
Ascensus Holdings, Inc., 2021 2nd Lien Term Loan, (3 mo. LIBOR US at 0.50% Floor + 6.50%), 11.31%, 08/02/29			122		108,929
Deerfield Dakota Holding LLC
2020 USD Term Loan B, (1 mo. SOFR CME at 1.00% Floor + 3.75%), 8.65%, 04/09/27			104		100,267
2021 USD 2nd Lien Term Loan, (3 mo. LIBOR US at 0.75% Floor + 6.75%), 11.91%, 04/07/28			145		132,795

					341,991

Chemicals — 0.2%
Arc Falcon I, Inc.
2021 Delayed Draw Term Loan, (3 mo. LIBOR US at 0.50% Floor + 3.75%), 8.59%, 10/02/28			16		14,583
2021 Term Loan, (1 mo. LIBOR US at 0.50% Floor + 3.75%), 8.59%, 09/30/28			110		98,648
Ascend Performance Materials Operations LLC, 2021 Term Loan B, (6 mo. SOFR CME at 0.75% Floor + 4.75%), 9.71%, 08/27/26			198		193,296


Security		Par (000)			Value

Chemicals (continued)
Discovery Purchaser Corp., Term Loan, (3 mo. SOFR CME at 0.50% Floor + 4.375%), 8.96%, 10/04/29	USD		361		$	341,386
Momentive Performance Materials, Inc., 2023 Term Loan, (3 mo. SOFR + 4.50%), 9.29%, 03/31/28^(c)(k)			149			145,647
W.R. Grace Holdings LLC, 2021 Term Loan B, (3 mo. LIBOR US at 0.50% Floor + 3.75%), 8.94%, 09/22/28			133			132,197

						925,757

Commercial Services & Supplies — 0.1%
Propulsion BC Newco. LLC, Term Loan, (3 mo. SOFR CME at 0.50% Floor + 4.00%), 8.90%, 09/14/29			70			68,363
Verscend Holding Corp., 2021 Term Loan B, (1 mo. LIBOR US + 4.00%), 8.84%, 08/27/25			627			625,287

						693,650

Construction & Engineering — 0.2%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR US at 1.00% Floor + 4.25%), 9.13%, 06/21/24			1,327			1,233,925


Containers & Packaging — 0.0%
Mauser Packaging Solutions Holding Co., Term Loan B, (3 mo. SOFR CME + 4.00%), 8.78%, 08/14/26			96			95,075


Diversified Consumer Services — 0.0%
Amentum Government Services Holdings LLC, Term Loan B, (3 mo. LIBOR US + 4.00%), 8.84%, 01/29/27^(c)			41			40,028
Ascend Learning LLC, 2021 2nd Lien Term Loan, (1 mo. SOFR CME at 0.50% Floor + 5.75%), 10.66%, 12/10/29			83			71,241
TruGreen LP, 2020 2nd Lien Term Loan, (3 mo. LIBOR US at 0.75% Floor + 8.50%), 13.33%, 11/02/28^(c)			106			68,900

						180,169

Diversified Telecommunication Services — 0.1%
Frontier Communications Holdings LLC, 2021 1st Lien Term Loan, (1 mo. LIBOR US at 0.75% Floor + 3.75%), 8.63%, 05/01/28			144			136,538
Intelsat Jackson Holdings SA, 2021 Exit Term Loan B, (3 mo. SOFRTE at 0.50% Floor + 4.25%), 9.08%, 02/01/29			333			328,829

						465,367

Entertainment — 0.0%
Delta 2 Lux SARL, Term Loan B, (1 mo. SOFR CME at 0.50% Floor + 3.25%), 8.06%, 01/15/30			63			63,026


Financial Services — 0.2%
Acuris Finance U.S., Inc., 2021 USD Term Loan B, (3 mo. SOFR CME at 0.50% Floor + 4.00%), 9.05%, 02/16/28			66			63,242
Advisor Group, Inc., 2021 Term Loan, (1 mo. LIBOR US + 4.50%),
9.34%, 07/31/26			—	^(l)		33
Delta TopCo, Inc., 2020 Term Loan B, (3 mo. SOFR CME at 0.75% Floor + 3.75%), 8.66%, 12/01/27			114			104,990
EP Purchaser LLC, 2021 Term Loan B, (3 mo. LIBOR US at 0.50% Floor + 3.50%), 8.66%, 11/06/28			101			100,405


Security		Par (000)		Value

Financial Services (continued)
Gainwell Acquisition Corp., Term Loan B, (3 mo. SOFR CME at 0.75% Floor + 4.00%),
9.00%, 10/01/27	USD		301	$	286,465
Radiate Holdco LLC, 2021 Term Loan B, (1 mo. LIBOR US at 0.75% Floor + 3.25%),
8.09%, 09/25/26			38		31,374
White Cap Buyer LLC, Term Loan B, (1 mo. SOFR CME + 3.75%), 8.56%, 10/19/27			298		294,573

					881,082

Food Products — 0.0%
Chobani LLC, 2020 Term Loan B, (1 mo. SOFR CME at 1.00% Floor + 3.50%),
8.42%, 10/25/27^(c)			33		32,427


Gas Utilities — 0.0%
Freeport LNG Investments LLLP, Term Loan B, (3 mo. LIBOR US at 0.50% Floor + 3.50%), 8.31%, 12/21/28			171		165,082


Health Care Equipment & Supplies — 0.0%
Bausch and Lomb, Inc., Term Loan, (3 mo. SOFR CME at 0.50% Floor + 3.25%),
8.46%, 05/10/27			11		10,510


Health Care Providers & Services — 0.1%
Envision Healthcare Corp., 2022 First Out Term Loan, (3 mo. SOFR CME at 1.00% Floor + 7.875%), 12.92%, 03/31/27			39		32,880
LifePoint Health, Inc., 2018 Term Loan B, (3 mo. LIBOR US + 3.75%), 8.58%, 11/16/25			76		72,710
Quorum Health Corp., 2020 Term Loan, (3 mo. LIBOR US at 1.00% Floor + 8.25%),
12.98%, 04/29/25			108		64,595
Surgery Center Holdings, Inc., 2021 Term Loan, (1 mo. LIBOR US at 0.75% Floor + 3.75%), 8.46%, 08/31/26			113		111,862
WCG Purchaser Corp., 2019 Term Loan, (1 mo. LIBOR US at 1.00% Floor + 4.00%),
8.95%, 01/08/27			118		110,980

					393,027

Health Care Technology — 0.2%
AthenaHealth Group, Inc., 2022 Term Loan B, (1 mo. SOFR CME at 0.50% Floor + 3.50%), 8.26%, 02/15/29			1,110		1,037,743
Polaris Newco LLC, USD Term Loan B, (3 mo. LIBOR US at 0.50% Floor + 4.00%),
9.16%, 06/02/28			197		179,624

					1,217,367

Hotels, Restaurants & Leisure — 0.0%
Fertitta Entertainment LLC, 2022 Term Loan B, (1 mo. SOFRTE at 0.50% Floor + 4.00%), 8.81%, 01/27/29			169		166,500
IRB Holding Corp., 2022 Term Loan B, (1 mo. SOFRTE at 0.75% Floor + 3.00%),
7.91%, 12/15/27			111		108,965

					275,465

Household Durables — 0.1%
Hunter Douglas, Inc., USD Term Loan B1, (3 mo. SOFR CME + 3.50%), 8.37%, 02/26/29			146		130,604
Sunset Debt Merger Sub, Inc., 2021 Term Loan B, (1 mo. LIBOR US at 0.75% Floor + 4.00%), 8.75%, 10/06/28			282		236,535

					367,139


Security		Par (000)		Value

Industrial Conglomerates — 0.0%
AVSC Holding Corp., 2018 2nd Lien Term Loan, (3 mo. LIBOR US at 1.00% Floor + 7.25%), 12.06%, 09/01/25	USD		156	$	138,548


Insurance — 0.0%
Alliant Holdings Intermediate LLC, 2021 Term Loan B4, (1 mo. LIBOR US at 0.50% Floor + 3.50%), 8.28%, 11/06/27			93		92,096
Hub International Ltd., 2022 Term Loan B, (3 mo. SOFR CME at 0.75% Floor + 4.00%),
8.73%, 11/10/29			140		138,969

					231,065

Interactive Media & Services — 0.0%
Grab Holdings, Inc., Term Loan B, (1 mo. LIBOR US at 1.00% Floor + 4.50%), 9.35%, 01/29/26			23		23,075


IT Services — 0.0%
Aruba Investments Holdings LLC, 2020 2nd Lien Term Loan, (1 mo. LIBOR US at 0.75% Floor + 7.75%), 12.59%, 11/24/28			65		57,638
Boxer Parent Co., Inc., 2021 USD Term Loan, (1 mo. LIBOR US + 3.75%), 8.59%, 10/02/25			45		44,559
PUG LLC, USD Term Loan, (1 mo. LIBOR US + 3.50%), 8.34%, 02/12/27			109		78,569

					180,766

Leisure Products — 0.0%
Peloton Interactive, Inc., Term Loan, (3 mo. SOFR CME at 0.50% Floor + 6.50%),
11.76%, 05/25/27			70		70,057


Machinery — 0.2%
MHI Holdings LLC, Term Loan B, (1 mo. LIBOR US + 5.00%), 9.84%, 09/21/26			201		195,136
Roper Industrial Products Investment Co., USD Term Loan, (3 mo. SOFR CME + 4.50%), 9.40%, 11/22/29			204		202,178
SPX Flow, Inc., 2022 Term Loan, (1 mo. SOFR CME at 0.50% Floor + 4.50%),
9.41%, 04/05/29			185		175,850
Titan Acquisition Ltd., 2018 Term Loan B, (3 mo. LIBOR US + 3.00%), 8.15%, 03/28/25			598		565,340

					1,138,504

Media — 0.2%
Altice France SA/France, 2018 Term Loan B13, (3 mo. LIBOR US + 4.00%), 8.86%, 08/14/26			94		90,452
Clear Channel Outdoor Holdings, Inc., Term Loan B, (3 mo. LIBOR US + 3.50%),
8.33%, 08/21/26			672		624,577
MH Sub I LLC, 2021 2nd Lien Term Loan, (1 mo. SOFR CME + 6.25%), 11.06%, 02/23/29			35		31,967
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR US + 3.00%), 7.84%, 03/09/27			297		240,509

					987,505

Metals & Mining — 0.0%
Grinding Media, Inc., 2021 Term Loan B, (1 mo. LIBOR US at 0.75% Floor + 4.00%),
8.70%, 10/12/28^(c)			63		58,938


Oil, Gas & Consumable Fuels — 0.3%
Ascent Resources Utica Holdings LLC, 2020 Fixed 2nd Lien Term Loan, (3 mo. LIBOR US at 1.00% Floor + 9.00%), 13.82%, 11/01/25			1,541		1,632,424


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Lealand Finance Co. BV, 2020 Make Whole Term Loan, (1 mo. LIBOR US + 3.00%), 7.84%, 06/28/24	USD		9	$	5,639
M6 ETX Holdings II Midco LLC, Term Loan B, (3 mo. SOFR CME at 0.50% Floor + 4.50%), 9.36%, 09/19/29			78		77,128

					1,715,191

Passenger Airlines — 0.2%
AAdvantage Loyalty IP Ltd., 2021 Term Loan, (3 mo. LIBOR US at 0.75% Floor + 4.75%), 9.56%, 04/20/28			433		438,852
Air Canada, 2021 Term Loan B, (3 mo. LIBOR US at 0.75% Floor + 3.50%), 8.37%, 08/11/28			208		207,445
Mileage Plus Holdings LLC, 2020 Term Loan B, (3 mo. LIBOR US at 1.00% Floor + 5.25%), 10.21%, 06/21/27			105		109,107
United Airlines, Inc., 2021 Term Loan B, (3 mo. LIBOR US at 0.75% Floor + 3.75%), 8.57%, 04/21/28			419		415,416

					1,170,820

Pharmaceuticals — 0.0%
Amneal Pharmaceuticals LLC, 2018 Term Loan B, 0.00%, 05/04/25^(k)			48		45,711


Professional Services — 0.0%
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR US + 3.25%), 8.10%, 02/06/26			110		109,173
Galaxy U.S. Opco, Inc., Term Loan, (1 mo. SOFR CME at 0.50% Floor + 4.75%), 9.56%, 04/29/29			139		122,932

					232,105

Real Estate Management & Development — 0.0%
Chariot Buyer LLC, Term Loan B, (1 mo. LIBOR US at 0.50% Floor + 3.25%), 8.09%, 11/03/28			222		212,582


Software — 0.8%
Boxer Parent Co., Inc., 2021 USD 2nd Lien Term Loan, (1 mo. LIBOR US at 0.50% Floor + 5.50%), 10.34%, 02/27/26			279		267,667
Central Parent, Inc., 2022 USD Term Loan B, (3 mo. SOFR CME at 0.50% Floor + 4.25%), 9.15%, 07/06/29			119		118,178
Cloudera, Inc.
2021 Second Lien Term Loan, (1 mo. SOFR CME at 0.50% Floor + 6.00%), 10.91%, 10/08/29			234		205,994
2021 Term Loan, (1 mo. SOFR CME at 0.50% Floor + 3.75%), 8.66%, 10/08/28^(c)			198		188,641
Digicel International Finance Ltd., 2017 Term Loan B, (1 mo. LIBOR US + 3.25%), 8.08%, 05/28/24			372		334,502
Epicor Software Corp.
2020 2nd Lien Term Loan, (1 mo. LIBOR US at 1.00% Floor + 7.75%), 12.59%, 07/31/28			62		61,160
2020 Term Loan, (1 mo. LIBOR US at 0.75% Floor + 3.25%), 8.09%, 07/30/27			89		87,606
Helios Software Holdings, Inc., 2021 USD Term Loan B, (3 mo. SOFR CME + 3.75%), 8.66%, 03/11/28			80		78,111
Magenta Buyer LLC
2021 USD 1st Lien Term Loan, (3 mo. LIBOR US at 0.75% Floor + 4.75%), 9.58%, 07/27/28			564		463,420
2021 USD 2nd Lien Term Loan, (3 mo. LIBOR US at 0.75% Floor + 8.25%), 13.08%, 07/27/29			280		207,200


Security		Par (000)		Value

Software (continued)
McAfee Corp., 2022 USD Term Loan B, (1 mo. SOFR CME at 0.50% Floor + 3.75%), 8.52%, 03/01/29	USD		473	$	443,311
Planview Parent, Inc., 2nd Lien Term Loan, (3 mo. LIBOR US at 0.75% Floor + 7.25%), 12.41%, 12/18/28			103		90,812
Proofpoint, Inc.
1st Lien Term Loan, (1 mo. LIBOR US at 0.50% Floor + 3.25%), 8.09%, 08/31/28			19		18,606
2nd Lien Term Loan, (3 mo. LIBOR US at 0.50% Floor + 6.25%), 11.09%, 08/31/29			250		235,019
RealPage, Inc., 1st Lien Term Loan, (1 mo. LIBOR US at 0.50% Floor + 3.00%), 7.84%, 04/24/28			217		209,826
Renaissance Holding Corp., 2023 Refi Term Loan, (1 mo. LIBOR US + 3.25%), 8.09%, 04/05/30			9		9,056
Sabre Global, Inc.
2021 Term Loan B1, (1 mo. LIBOR US at 0.50% Floor + 3.50%), 8.34%, 12/17/27			48		40,566
2021 Term Loan B2, (1 mo. LIBOR US at 0.50% Floor + 3.50%), 8.34%, 12/17/27			77		64,962
Sophia LP, 2021 Term Loan B, (3 mo. LIBOR US at 0.50% Floor + 3.50%), 8.66%, 10/07/27			487		480,341
Sovos Compliance LLC, 2021 Term Loan, (1 mo. LIBOR US at 0.50% Floor + 4.50%), 9.34%, 08/11/28			117		110,917
TIBCO Software, Inc., 2022 USD Term Loan, (3 mo. SOFR CME at 0.50% Floor + 4.50%), 9.50%, 03/30/29			439		398,028
UKG, Inc., 2021 2nd Lien Term Loan, (3 mo. LIBOR US at 0.50% Floor + 5.25%), 10.03%, 05/03/27			295		281,819
Ultimate Software Group, Inc.
2021 Term Loan, (3 mo. LIBOR US at 0.50% Floor + 3.25%), 8.03%, 05/04/26			186		180,839
Term Loan B, (3 mo. LIBOR US + 3.75%), 8.58%, 05/04/26			144		141,010

					4,717,591

Textiles, Apparel & Luxury Goods — 0.1%
Crocs, Inc., Term Loan B, (1 mo. SOFRTE at 0.50% Floor + 3.50%), 8.41%, 02/20/29			290		288,891
Hanesbrands, Inc., 2023 Term Loan B, (1 mo. SOFR CME at 0.50% Floor + 3.75%), 8.56%, 03/08/30^(c)			75		74,625

					363,516

Trading Companies & Distributors — 0.0%
SRS Distribution, Inc., 2022 Incremental Term Loan, (1 mo. SOFR CME + 3.25%), 8.16%, 06/02/28			175		167,557


Transportation — 0.0%
Brown Group Holding LLC, 2022 Incremental Term Loan B2, (1 mo. SOFR CME at 0.50% Floor + 3.75%), 8.46%, 07/02/29			144		144,042


Transportation Infrastructure — 0.0%
KKR Apple Bidco LLC, 2021 2nd Lien Term Loan, (1 mo. LIBOR US at 0.50% Floor + 5.75%), 10.59%, 09/21/29			18		17,590


Total Floating Rate Loan Interests — 3.4%
(Cost: $21,560,979)					20,675,174


Security	Par (000)		Value

Foreign Agency Obligations

Bahrain — 0.0%
Bahrain Government International Bond, 5.45%, 09/16/32^(d)		USD 200	$	178,500


Canada — 1.1%
CDP Financial, Inc., 5.60%, 11/25/39^(b)(e)		5,890		6,503,067

Colombia — 0.2%
Colombia Government International Bond
4.50%, 01/28/26		300		287,400
3.88%, 04/25/27		200		181,537
3.13%, 04/15/31		400		305,200
8.00%, 04/20/33		200		205,100

				979,237

Dominican Republic — 0.2%
Dominican Republic International Bond
6.88%, 01/29/26^(d)		115		116,459
5.95%, 01/25/27^(d)		228		223,982
5.50%, 02/22/29^(b)		160		150,230
4.50%, 01/30/30^(b)		226		196,309
7.05%, 02/03/31^(b)		150		150,844
4.88%, 09/23/32^(b)		300		254,400

				1,092,224

Egypt — 0.0%
Egypt Government International Bond, 7.50%, 02/16/61^(b)		219		117,617


Guatemala — 0.1%
Guatemala Government Bond
4.50%, 05/03/26^(d)		200		194,600
5.25%, 08/10/29^(b)		200		194,350
5.38%, 04/24/32^(b)		200		193,475

				582,425

Ivory Coast — 0.1%
Ivory Coast Government International Bond, 6.38%, 03/03/28^(d)		400		382,800


Morocco — 0.0%
Morocco Government International Bond, 2.38%, 12/15/27^(b)		200		176,000


Oman — 0.1%
Oman Government International Bond^(d)
6.50%, 03/08/47		228		210,330
6.75%, 01/17/48		200		189,250

				399,580

Pakistan — 0.0%
Pakistan Government International Bond, 6.00%, 04/08/26^(d)		200		72,022


Paraguay — 0.1%
Paraguay Government International Bond^(b)
4.95%, 04/28/31		200		192,725
5.40%, 03/30/50		200		171,412

				364,137

Romania — 0.1%
Romanian Government International Bond 5.25%, 11/25/27^(b)		204		200,685


Security	Par (000)		Value

Romania (continued)
Romanian Government International Bond (continued)
2.50%, 02/08/30^(d)		EUR 222	$	192,005
2.12%, 07/16/31^(d)		226		178,615

				571,305

Senegal — 0.0%
Senegal Government International Bond, 6.25%, 05/23/33^(d)		USD 200		159,000


South Africa — 0.0%
Republic of South Africa Government International Bond
4.85%, 09/30/29		200		179,000
5.88%, 04/20/32^(e)		200		181,250

				360,250

Sri Lanka — 0.0%
Sri Lanka Government International Bond^(d)(i)(j)
6.85%, 03/14/24		432		151,686
7.85%, 03/14/29		200		69,772

				221,458

Ukraine — 0.0%
Ukraine Government International Bond^(i)(j)
7.75%, 09/01/27^(d)		385		68,650
7.25%, 03/15/35^(b)		200		34,163

				102,813


Total Foreign Agency Obligations — 2.0% (Cost: $12,854,383)				12,262,435


Municipal Bonds

California — 1.1%
City of Los Angeles California, GO, Series A, 5.00%, 09/01/42		2,000		2,005,412
East Bay Municipal Utility District Water System Revenue, RB, BAB, 5.87%, 06/01/40		1,900		2,127,656
Oxnard Union High School District, Refunding GO, (BAM), 3.18%, 08/01/43		1,600		1,215,855
University of California, RB, BAB, 5.95%, 05/15/45		885		977,247

				6,326,170

Georgia — 0.3%
Municipal Electric Authority of Georgia, Refunding RB, BAB, 7.06%, 04/01/57		1,907		1,963,674


Hawaii — 0.3%
City & County Honolulu HI Wastewater System Revenue, Refunding RB, Series A, 2.62%, 07/01/45		1,000		700,480
State of Hawaii, GO, Series GK, 6.15%, 10/01/38		1,000		1,100,076

				1,800,556

Illinois — 0.3%
State of Illinois, GO, 5.10%, 06/01/33		2,000		1,992,696


Massachusetts — 0.1%
University of Massachusetts Building Authority, Refunding RB, Series 3, 3.43%, 11/01/40		500		418,086


New York — 1.4%
Metropolitan Transportation Authority, RB, BAB, 7.34%, 11/15/39		1,295		1,644,646
New York City Industrial Development Agency, Refunding RB, (AGM), 3.19%, 03/01/40		165		125,323


Security	Par (000)		Value

New York (continued)
New York City Municipal Water Finance Authority, Refunding RB, BAB, 5.72%, 06/15/42		USD 1,390	$	1,552,196
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Series E-1, 4.00%, 02/01/41		1,000		1,001,706
New York State Dormitory Authority, RB, BAB
Series D, 5.60%, 03/15/40		1,900		2,011,346
Series F, 5.63%, 03/15/39		1,100		1,158,570
Port Authority of New York & New Jersey, RB, 159th Series, 6.04%, 12/01/29		780		834,035

				8,327,822


Total Municipal Bonds — 3.5% (Cost: $20,127,093)				20,829,004


Non-Agency Mortgage-Backed Securities

Collateralized Mortgage Obligations — 7.0%
Alternative Loan Trust
Series 2005-64CB, Class 1A15, 5.50%, 12/25/35		411		364,873
Series 2006-OA21, Class A1, (1 mo. LIBOR US + 0.19%), 4.95%, 03/20/47^(a)		375		303,857
Series 2007-OA10, Class 2A1, (1 mo. LIBOR US + 0.50%), 5.35%, 09/25/47^(a)		4,123		562,177
Banc of America Funding Trust, Series 2007-2, Class 1A2, 6.00%, 03/25/37		219		180,525
BRAVO Residential Funding Trust, Series 2021-NQM1, Class A1, 0.94%, 02/25/49^(a)(b)		831		729,023
Chase Home Lending Mortgage Trust, Series 2019- ATR1, Class A12, 6.50%, 04/25/49^(a)(b)		578		584,835
COLT Mortgage Loan Trust^(b)
Series 2020-2, Class M1, 5.25%, 03/25/65^(a)		3,050		2,821,133
Series 2020-3, Class M1, 3.36%, 04/27/65^(a)		3,820		3,402,714
Series 2022-1, Class A1, 4.55%, 04/25/67^(a)		1,640		1,584,190
Series 2022-7, Class A1, 5.16%, 04/25/67		2,266		2,226,438
Series 2022-9, Class A1, 6.79%, 12/25/67		383		385,796
Credit Suisse Mortgage Capital Certificates Trust, Series 2022-NQM5, Class A1, 5.17%, 05/25/67^(a)(b)		2,876		2,791,878
Deephaven Residential Mortgage Trust, Series 2022-2, Class A1, 4.30%, 03/25/67^(a)(b)		296		280,272
Ellington Financial Mortgage Trust^(a)(b)
Series 2020-1, Class M1, 5.24%, 05/25/65		1,500		1,417,995
Series 2021-2, Class A1, 0.93%, 06/25/66		212		169,989
GCAT Trust, Series 2022-NQM3, Class A1, 4.35%, 04/25/67^(a)(b)		1,178		1,124,214
GMACM Mortgage Loan Trust, Series 2005-AR3, Class 5A1, 3.15%, 06/19/35^(a)		110		95,132
GS Mortgage-Backed Securities Corp. Trust, Series 2022-PJ2, Class A4, 2.50%, 06/25/52^(a)(b)		1,099		889,620
GS Mortgage-Backed Securities Trust^(a)(b)
Series 2021-PJ2, Class A2, 2.50%, 11/25/51		950		769,152
Series 2021-PJ7, Class A2, 2.50%, 01/25/52		2,486		2,011,516
GSR Mortgage Loan Trust, Series 2007-4F, Class 3A1, 6.00%, 07/25/37		83		54,223
Homeward Opportunities Fund Trust, Series 2022-1, Class A1, 5.08%, 07/25/67^(b)		1,254		1,228,051
JP Morgan Mortgage Trust
Series 2006-S3, Class 1A12, 6.50%, 08/25/36		42		17,552
Series 2022-DSC1, Class A1, 4.75%, 01/25/63^(a)(b)		498		474,780
Series 2022-INV3, Class A3B, 3.00%, 09/25/52^(a)(b)		776		659,325


Security	Par (000)		Value

Collateralized Mortgage Obligations (continued)
Mello Mortgage Capital Acceptance, Series 2022-INV2, Class A3, 3.00%, 04/25/52^(a)(b)		USD 808	$	682,522
Merrill Lynch Mortgage Investors Trust, Series 2006-A3, Class 3A1, 3.88%, 05/25/36^(a)		142		102,565
MFA Trust^(b)
Series 2021-NQM1, Class M1, 2.31%, 04/25/65^(a)		2,750		1,993,868
Series 2023-NQM1, Class A1, 5.75%, 11/25/67		947		939,383
OBX Trust^(b)
Series 2022-INC3, Class A1, 3.00%, 02/25/52^(a)		718		605,976
Series 2022-NQM9, Class A1A, 6.45%, 09/25/62		559		559,668
Series 2023-NQM1, Class A1, 6.12%, 11/25/62^(a)		786		786,400
RCKT Mortgage Trust, Series 2022-2, Class A1, 3.00%, 02/25/52^(a)(b)		1,070		903,174
SG Residential Mortgage Trust, Series 2022-2, Class A1, 5.35%, 08/25/62^(b)		724		711,510
Spruce Hill Mortgage Loan Trust, Class A1A, 4.10%, 07/25/57^(b)		742		705,928
STAR Trust, Series 2021-1, Class M1, 2.36%, 05/25/65^(a)(b)		2,050		1,531,927
Starwood Mortgage Residential Trust, Series 2020-3, Class M1, 3.54%, 04/25/65^(a)(b)		2,000		1,633,292
Verus Securitization Trust^(b)
Series 2022-3, Class A1, 4.13%, 02/25/67		3,108		2,905,396
Series 2022-7, Class A1, 5.15%, 07/25/67		1,755		1,717,702
Series 2022-INV2, Class A1, 6.79%, 10/25/67		560		564,244
Series 2023-1, Class A1, 5.85%, 12/25/67		1,104		1,094,717

				42,567,532

Commercial Mortgage-Backed Securities — 4.7%
3650R 2021-PF1 Commercial Mortgage Trust, Series 2021-PF1, Class A5, 2.52%, 11/15/54		1,250		1,016,630
BAMLL Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.60%, 04/14/33^(a)(b)		4,170		3,759,284
Bayview Commercial Asset Trust, Series 2007-2A, Class A1, (1 mo. LIBOR US + 0.27%), 5.12%, 07/25/37^(a)(b)		697		615,461
BX Commercial Mortgage Trust^(a)(b)
Series 2019-XL, Class A, (1 mo. SOFR + 1.03%), 5.86%, 10/15/36		1,129		1,116,179
Series 2021-CIP, Class A, (1 mo. LIBOR US + 0.92%), 5.61%, 12/15/38		605		583,006
Series 2021-SOAR, Class A, (1 mo. LIBOR US + 0.67%), 5.36%, 06/15/38		1,663		1,598,520
Series 2021-XL2, Class A, (1 mo. LIBOR US + 0.69%), 5.37%, 10/15/38		463		443,895
Series 2022-LP2, Class A, (1 mo. SOFR + 1.01%), 5.84%, 02/15/39		1,634		1,573,017
BX Trust^(a)(b)
Class A, (1 mo. SOFR + 0.85%), 5.68%, 01/15/39		1,300		1,248,276
Series 2021-LBA, Class AJV, (1 mo. SOFR + 0.91%), 5.74%, 02/15/36		1,690		1,610,363
Series 2021-SDMF, Class A, (1 mo. LIBOR US + 0.59%), 5.27%, 09/15/34		199		192,034
Series 2022-GPA, Class A, (1 mo. SOFR + 2.17%), 6.99%, 10/15/39		650		641,853
Cantor Commercial Real Estate Lending, Series 2019- CF2, Class A5, 2.87%, 11/15/52		550		466,660
Citigroup Commercial Mortgage Trust, Series 2019- SMRT, Class A, 4.15%, 01/10/36^(b)		700		685,783


Security	Par (000)		Value

Commercial Mortgage-Backed Securities (continued)
Cold Storage Trust, Class A, (1 mo. LIBOR US + 0.90%), 5.58%, 11/15/37^(a)(b)		USD 238	$	231,761
Credit Suisse Mortgage Capital Certificates Trust, Series 2020-FACT, Class D, (1 mo. LIBOR US + 3.71%), 8.39%, 10/15/37^(a)(b)		900		831,896
Extended Stay America Trust, Series 2021-ESH, Class D, (1 mo. LIBOR US + 2.25%), 6.94%, 07/15/38^(a)(b)		810		771,629
GS Mortgage Securities Corp. Trust, Series 2022-SHIP, Class A, (1 mo. SOFR + 0.73%), 5.56%, 08/15/36^(a)(b)		700		693,060
GS Mortgage Securities Trust, 3.84%, 02/10/52		930		884,845
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2022-ACB, Class A, (30 day Average SOFR + 1.4%), 5.96%, 03/15/39^(a)(b)		1,700		1,644,591
JP Morgan Mortgage Trust, Series 2023-DSC1, Class A1, 4.63%, 07/25/63		348		326,818
KKR Industrial Portfolio Trust, Series 2021-KDIP, Class A, (1 mo. SOFR + 0.66%), 5.49%, 12/15/37^(a)(b)		315		305,546
Lehman Brothers Small Balance Commercial Mortgage Trust, Series 2006-1A, Class B, (1 mo. LIBOR US + 1.00%), 5.85%, 04/25/31^(a)(b)		993		982,184
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class A4, 3.31%, 04/15/48		1,200		1,143,470
STWD Trust 2021-FLWR, Series 2021-FLWR, Class A, (1 mo. LIBOR US + 0.58%), 5.26%, 07/15/36^(a)(b)		1,207		1,156,080
TPGI Trust 2021-DGWD, Series 2021-DGWA, Class A, (1 mo. LIBOR US + 0.70%), 5.38%, 06/15/26^(a)(b)		1,120		1,076,450
UBS Commercial Mortgage Trust, Series 2019-C18, Class A4, 3.04%, 12/15/52		1,200		1,046,087
Wells Fargo Commercial Mortgage Trust, Series 2016- LC25, Class A4, 3.64%, 12/15/59		1,700		1,594,227

				28,239,605


Total Non-Agency Mortgage-Backed Securities — 11.7% (Cost: $77,725,009)				70,807,137


Preferred Securities

Capital Trusts — 5.1%^(a)

Banks^(g)— 1.9%
AIB Group PLC, 5.25%^(d)		EUR 200		194,668
Banco Mercantil del Norte SA, 6.75%^(b)		USD 200		189,600
Bank of East Asia Ltd., 5.88%^(d)		250		217,156
Industrial & Commercial Bank of China Ltd., 3.20%^(d)		250		233,750
ING Groep NV, Series NC10, 4.25%		1,500		991,455
Kasikornbank PCL, 5.28%^(d)		300		274,650
Nordea Bank Abp, 6.13%^(b)		2,960		2,736,710
PNC Financial Services Group, Inc.^(e)
Series V, 6.20%		205		192,874
Series W, 6.25%		1,705		1,585,650
Rizal Commercial Banking Corp., 6.50%^(d)		200		176,413
U.S. Bancorp, Series J, 5.30%^(e)		1,900		1,616,904
Wells Fargo & Co., Series S, 5.90%^(e)		3,390		3,213,890

				11,623,720


Security	Par (000)		Value

Capital Markets — 0.4%
Bank of New York Mellon Corp., 4.63%^(g)		USD 2,750	$	2,459,446


Diversified Telecommunication Services — 0.1%
Telefonica Europe BV, 6.14%^(d)(g)		EUR 200		209,405


Electric Utilities — 0.4%
Edison International, Series B, 5.00%^(g)		USD 115		95,277
EDP - Energias de Portugal SA, 5.94%, 04/23/83^(d)		EUR 100		106,281
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79		USD 2,750		2,420,182

				2,621,740

Financial Services^(g)— 2.2%
Bank of America Corp., Series FF, 5.88%		3,500		3,149,125
Barclays PLC, 4.38%		310		211,920
Credit Agricole SA, 4.75%^(b)		200		150,180
HSBC Holdings PLC^(e)
6.50%		1,090		953,655
6.00%		435		391,883
JPMorgan Chase & Co., Series FF, 5.00%		2,500		2,400,250
Lloyds Banking Group PLC
8.00%		200		184,250
7.50%		1,750		1,623,685
NatWest Group PLC, 6.00%		1,575		1,436,557
Societe Generale SA, 7.88%^(b)		1,000		936,400
UBS Group AG, 4.88%^(b)		2,000		1,557,740
Woori Bank, 4.25%^(d)		250		234,344

				13,229,989

Independent Power and Renewable Electricity Producers^(b)(g)— 0.1%
NRG Energy, Inc., 10.25%		325		310,573
Vistra Corp., 7.00%		162		142,560

				453,133

Real Estate Management & Development — 0.0%
Aroundtown SA, 3.38%^(d)(g)		EUR 100		47,748


Utilities — 0.0%
Electricite de France SA, 3.38%^(d)(g)		200		161,374


Wireless Telecommunication Services — 0.0%
Vodafone Group PLC, 3.10%, 01/03/79^(d)		100		106,657

				30,913,212


	Shares

Preferred Stocks — 0.3%^(a)(g)

Capital Markets — 0.3%
Morgan Stanley, Series K		66,567		1,649,530


Financial Services — 0.0%
Fannie Mae, Series S		10,000		17,200

				1,666,730


Security	Shares		Value

Trust Preferred — 0.1%

Financial Services — 0.1%
Citigroup Capital XIII, 10/30/40^(a)		29,583	$	844,299

				844,299


Total Preferred Securities — 5.5% (Cost: $36,951,339)				33,424,241


	Par (000)

U.S. Government Sponsored Agency Securities

Agency Obligations — 1.1%
Freddie Mac Mortgage-Backed Securities, 1.50%, 05/01/31^(e)		USD 7,144		6,559,932


Collateralized Mortgage Obligations^(e)— 4.9%
Fannie Mae REMICS
Series 2015-47, Class GL, 3.50%, 07/25/45		1,636		1,475,413
Series 2022-25, Class KL, 4.00%, 05/25/52		14,500		13,442,947
Freddie Mac REMICS
Series 4350, Class DY, 4.00%, 06/15/44		1,795		1,725,048
Series 4398, Class ZX, 4.00%, 09/15/54		10,776		9,995,088
Series 4549, Class TZ, 4.00%, 11/15/45		3,236		3,094,432

				29,732,928

Mortgage-Backed Securities — 17.8%
Fannie Mae, 5.63%, 07/15/37^(e)		1,600		1,856,310
Fannie Mae Mortgage-Backed Securities^(e)
4.50%, 07/01/55		2,902		2,908,269
4.00%, 02/01/56 - 04/01/56		3,121		3,046,900
Fannie Mae REMICS, Series 2012-47, Class NI, 4.50%, 04/25/42		841		157,660
Freddie Mac Mortgage-Backed Securities^(e)
3.00%, 04/01/33		1,728		1,648,022
4.50%, 03/01/47		600		603,760
Ginnie Mae^(a)
Series 2009-116, Class KS, (1 mo. LIBOR US + 6.47%), 1.74%, 12/16/39		640		50,824
Series 2011-52, Class NS, (1 mo. LIBOR US + 6.67%), 1.94%, 04/16/41		5,345		391,764
Ginnie Mae Mortgage-Backed Securities, 5.50%, 08/15/33^(e)		25		25,797
Resolution Funding Corp. Principal Strip, 0.00%, 04/15/30^(f)		6,055		4,546,041
Uniform Mortgage-Backed Securities
5.00%, 08/01/34 - 04/13/53^(e)(m)		23,535		23,672,673
3.50%, 09/01/34 - 04/13/53^(e)(m)		16,281		15,258,889
4.50%, 06/01/37 - 04/13/53^(e)(m)		17,326		17,113,807
5.50%, 12/01/37 - 04/13/53^(e)(m)		18,101		18,342,470
6.00%, 12/01/38^(e)		225		235,213
4.00%, 10/01/49 - 09/01/52^(e)		7,646		7,409,318
3.00%, 02/01/52		12,000		10,766,143

				108,033,860


Security	Par (000)			Value

Principal Only Collateralized Mortgage Obligations⁽ⁿ⁾ — 0.0%
Fannie Mae Interest Strip, Series 228, Class 1, 0.00%, 06/25/23		USD —	^(l)	$	6
Fannie Mae REMICS, Series 1993-70, Class A, 0.00%, 05/25/23		—	^(l)		2

					8


Total U.S. Government Sponsored Agency Securities — 23.8% (Cost: $146,846,997)					144,326,728


U.S. Treasury Obligations
U.S. Treasury Bonds^(e)
3.00%, 11/15/44		33,795			29,478,217
2.50%, 02/15/46		57,350			45,548,445
2.75%, 11/15/47		2,000			1,663,906
U.S. Treasury Notes, 3.00%, 07/31/24^(e)		39,505			38,785,886


Total U.S. Treasury Obligations — 19.1% (Cost: $132,337,432)					115,476,454


Total Long-Term Investments — 152.7% (Cost: $985,432,733)					924,512,770


	Shares

Short-Term Securities

Money Market Funds — 1.4%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 4.70%^(o)(p)		8,230,152			8,230,152


Total Short-Term Securities — 1.4% (Cost: $8,230,152)					8,230,152


Total Investments Before TBA Sale Commitments — 154.1% (Cost: $993,662,885)					932,742,922


	Par (000)

TBA Sale Commitments^(m)

Mortgage-Backed Securities — (1.3)%
Uniform Mortgage-Backed Securities
3.50%, 04/13/53		USD (5,000	)		(4,645,899	)
4.00%, 04/13/53		(3,000	)		(2,869,230	)


Total TBA Sale Commitments — (1.3)% (Proceeds: $(7,425,578))					(7,515,129	)


Total Investments, Net of TBA Sale Commitments — 152.8% (Cost: $986,237,307)					925,227,793

Liabilities in Excess of Other Assets — (52.8)%					(319,687,722	)


Net Assets — 100.0%				$	605,540,071

^(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.

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 March 31, 2023 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 $317,256,446 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 and derivative financial instruments 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:


Affiliated Issuer	Value at 12/31/22		Purchases at Cost			Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 03/31/23		Shares Held at 03/31/23		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, T-Fund, Institutional Class	$	2,477,689	$	5,752,463	^(a)	$	—	$	—	$	—	$	8,230,152		8,230,152	$	94,320	$	—


Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts
10-Year U.S. Ultra Long Treasury Note		444		06/21/23	$	53,842	$	1,829,976
Ultra U.S. Treasury Bond		480		06/21/23		67,995		2,508,083
5-Year U.S. Treasury Note		367		06/30/23		40,241		123,877

								4,461,936

Short Contracts
10-Year Japanese Government Treasury Bonds		28		06/13/23		31,236		(629,900	)
10-Year U.S. Treasury Note		1,151		06/21/23		132,437		(3,102,142	)
2-Year U.S. Treasury Note		22		06/30/23		4,545		20,479

								(3,711,563	)

							$	750,373


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
EUR	114,664	USD	122,276	Natwest Markets PLC		06/14/23	$	2,575
EUR	185,152	USD	197,441	Natwest Markets PLC		06/14/23		4,160
USD	109,001	EUR	100,000	Bank of America N.A.		06/21/23		75
USD	294,553	JPY	38,640,000	Deutsche Bank AG		06/21/23		203

								7,013

EUR	100,000	USD	108,527	Bank of America N.A.		04/05/23		(71	)
USD	561,151	EUR	527,394	HSBC Bank PLC		06/14/23		(13,097	)
USD	124,347	EUR	114,664	Morgan Stanley & Co. International PLC		06/14/23		(504	)
USD	115,745	CAD	159,000	HSBC Bank PLC		06/21/23		(2,052	)
USD	107,239	EUR	99,828	JPMorgan Chase Bank N.A.		06/21/23		(1,500	)
USD	28,314	EUR	26,000	State Street Bank and Trust Co.		06/21/23		(7	)
USD	222,512	EUR	205,969	Toronto-Dominion Bank		06/21/23		(1,842	)
USD	64,853	EUR	60,031	UBS AG		06/21/23		(537	)
USD	2,171,323	EUR	2,013,000	UBS AG		06/21/23		(21,363	)
USD	2,175,222	EUR	2,013,500	UBS AG		06/21/23		(18,008	)
USD	869,533	GBP	724,000	Bank of America N.A.		06/21/23		(24,959	)

								(83,940	)

							$	(76,927	)


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.40.V1		5.00	%		Quarterly		06/20/28		USD 4,550	$	(77,172	)	$	4,632		$	(81,804	)
CDX.NA.IG.40.V1		1.00			Quarterly		06/20/28		USD 25,600		(302,719	)		(106,198	)		(196,521	)

										$	(379,891	)	$	(101,566	)	$	(278,325	)


Paid by the Trust		Received by the Trust		Effective Date		Termination Date		Notional Amount (000)		Value		Upfront Premium Paid (Received)		Unrealized Appreciation (Depreciation)
Rate	Frequency	Rate	Frequency	Effective Date		Termination Date		Notional Amount (000)		Value		Upfront Premium Paid (Received)		Unrealized Appreciation (Depreciation)
1-Day SOFR, 4.80%	Annual	3.53%	Annual		N/A		11/10/52	USD	3,200	$	340,891	$	99	$	340,792
1-Day SOFR, 4.80%	Annual	3.06%	Annual		N/A		11/28/52	USD	2,000		30,217		62		30,155
1-Day SOFR, 4.80%	Annual	3.05%	Annual		N/A		12/01/52	USD	1,500		21,045		46		20,999

										$	392,153	$	207	$	391,946


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	CCC+		EUR	10	$	(1,095	)	$	(191	)	$	(904	)
Novafives S.A.S.		5.00			Quarterly	Citibank N.A.		06/20/23	B-		EUR	10		(42	)		(157	)		115
Casino, Guichard-Perrachon S.A.		5.00			Quarterly	BNP Paribas SA		12/20/23	CCC+		EUR	9		(3,140	)		(679	)		(2,461	)
Thyssenkrupp AG		1.00			Quarterly	Bank of America N.A.		12/20/23	BB		EUR	10		11			(155	)		166
Virgin Media Finance PLC		5.00			Quarterly	JPMorgan Chase Bank N.A.		12/20/25	B		EUR	10		636			778			(142	)
Jaguar Land Rover Automotive PLC		5.00			Quarterly	Credit Suisse International		12/20/26	B+		EUR	5		(334	)		173			(507	)
Jaguar Land Rover Automotive PLC		5.00			Quarterly	Credit Suisse International		12/20/26	B+		EUR	25		(1,692	)		816			(2,508	)
K&S AG		5.00			Quarterly	JPMorgan Chase Bank N.A.		12/20/26	BB+		EUR	10		1,110			679			431
CMA CGM SA		5.00			Quarterly	Credit Suisse International		06/20/27	N/R		EUR	20		2,156			785			1,371
Ladbrokes Coral Group Ltd.		1.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/27	BB		EUR	10		(492	)		(952	)		460
Ladbrokes Coral Group Ltd.		1.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/27	BB		EUR	30		(1,477	)		(4,557	)		3,080


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)
Adler Real Estate AG		5.00	%		Quarterly	Bank of America N.A.		12/20/27		CCC-		EUR	5	$	(1,716	)	$	(1,210	)	$	(506	)
Adler Real Estate AG		5.00			Quarterly	Barclays Bank PLC		12/20/27		CCC-		EUR	3		(1,030	)		(716	)		(314	)
Adler Real Estate AG		5.00			Quarterly	Barclays Bank PLC		12/20/27		CCC-		EUR	9		(2,899	)		(2,014	)		(885	)
Adler Real Estate AG		5.00			Quarterly	Citibank N.A.		12/20/27		CCC-		EUR	3		(840	)		(600	)		(240	)
Adler Real Estate AG		5.00			Quarterly	JPMorgan Chase Bank N.A.		12/20/27		CCC-		EUR	6		(1,760	)		(1,246	)		(514	)
Adler Real Estate AG		5.00			Quarterly	Morgan Stanley & Co. International PLC		12/20/27		CCC-		EUR	4		(1,276	)		(891	)		(385	)
Loxam SAS		5.00			Quarterly	Bank of America N.A.		12/20/27		B		EUR	10		(1,036	)		(736	)		(300	)
United Group B.V.		5.00			Quarterly	Bank of America N.A.		12/20/27		B		EUR	14		(2,670	)		(2,003	)		(667	)
United Group B.V.		5.00			Quarterly	JPMorgan Chase Bank N.A.		12/20/27		B		EUR	16		(3,236	)		(2,601	)		(635	)
CMBX.NA.15		3.00			Monthly	Morgan Stanley & Co. International PLC		11/15/64		N/R		USD	4,710		(1,341,761	)		(880,956	)		(460,805	)

														$	(1,362,583	)	$	(896,433	)	$	(466,150	)


	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Asset-Backed Securities	$	—	$	85,356,464	$	789,736	$	86,146,200
Corporate Bonds		—		418,457,525		2,107,872		420,565,397
Floating Rate Loan Interests		—		20,065,968		609,206		20,675,174
Foreign Agency Obligations		—		12,262,435		—		12,262,435
Municipal Bonds		—		20,829,004		—		20,829,004
Non-Agency Mortgage-Backed Securities		—		70,807,137		—		70,807,137
Preferred Securities
Capital Trusts		—		30,913,212		—		30,913,212
Preferred Stocks
Capital Markets		1,649,530		—		—		1,649,530
Financial Services		—		17,200		—		17,200
Trust Preferred		844,299		—		—		844,299


	Asset-Backed Securities			Corporate Bonds			Floating Rate Loan Interests			Non-Agency Mortgage-Backed Securities			Total
Assets
Opening balance, as of December 31, 2022	$	1,619,981		$	4,333,458		$	135,835		$	477,212		$	6,566,486
Transfers into Level 3		—			—			285,485			—			285,485
Transfers out of Level 3		(726,572	)		(2,243,169	)		—			(477,212	)		(3,446,953	)
Accrued discounts/premiums		(14,466	)		—			162			—			(14,304	)
Net realized gain (loss)		164			—			(857	)		—			(693	)
Net change in unrealized appreciation (depreciation)^(a)		23,544			48,158			(94	)		—			71,608
Purchases		—			—			217,291			—			217,291
Sales		(112,915	)		(30,575	)		(28,616	)		—			(172,106	)

Closing balance, as of March 31, 2023	$	789,736		$	2,107,872		$	609,206		$	—		$	3,506,814

Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2023^(a)	$	23,544		$	48,158		$	(94	)	$	—		$	71,608


Currency Abbreviation

CAD		Canadian Dollar

EUR		Euro

GBP		British Pound

JPY		Japanese Yen

USD		United States Dollar


Portfolio Abbreviation

AGM		Assured Guaranty Municipal Corp.

BAB		Build America Bond

BAM		Build America Mutual Assurance Co.

CDI		CREST Depository Interest

CLO		Collateralized Loan Obligation

CMT		Constant Maturity Treasury

DAC		Designated Activity Company

EURIBOR		Euro Interbank Offered Rate

GO		General Obligation Bonds

LIBOR		London Interbank Offered Rate

PCL		Public Company Limited

PIK		Payment-in-Kind

RB		Revenue Bond

SG		Syncora Guarantee

SOFR		Secured Overnight Financing Rate

SOFR CME		Secured Overnight Financing Rate Chicago Mercantile Exchange

SOFRTE		Term Secured Overnight Financing Rate

TBA		To-Be-Announced