NPORT-P false 0001506001 XXXXXXXX S000085536 C000250828 Neuberger Berman ETF Trust 811-23761 0001506001 549300GPREY1N686GS02 1290 AVENUE OF THE AMERICAS NEW YORK 10104 877-628-2583 Neuberger Berman Flexible Credit Income ETF S000085536 2549008ASCDI2PAL2M84 2025-10-31 2025-04-30 N 54068419.33 1749013.89 52319405.44 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1491522.93000000 0.00000000 0.00000000 162984.37000000 EUR USD N JANE STREET GRP/JSG FIN N/A 47077WAE8 215000.00000000 PA USD 216012.82000000 0.412873231611 Long DBT CORP US N 2 2033-05-01 Fixed 6.75000000 N N N N N N SDAL Trust N/A 78437RAE9 80000.00000000 PA USD 79874.45000000 0.152666968074 Long ABS-MBS CORP US N 2 2042-04-15 Floating 8.24000000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61747YEF8 310000.00000000 PA USD 258612.90000000 0.494296328150 Long DBT CORP US N 2 2036-09-16 Fixed 2.48000000 N N N N N N One Market Plaza Trust N/A 68245HAA2 73044.77000000 PA USD 68883.15000000 0.131658892949 Long ABS-MBS CORP US N 2 2032-02-10 Fixed 3.61000000 N N N N N N N/A N/A 000000000 1.00000000 NC -184.70000000 -0.00035302388 N/A DFE US N 2 UBS AG BFM8T61CT2L1QCEMIK50 4995.00000000 EUR 5499.27000000 USD 2025-07-16 -184.70000000 N N N AssuredPartners Inc 549300HNDSDQWQ3L2P80 04621HAW3 497487.44000000 PA USD 497358.09000000 0.950618772933 Long LON CORP US N 2 2031-02-14 Floating 7.82000000 N N N N N N STARWOOD PROPERTY TRUST BUGSFQZERKRBFWIG5267 85571BBB0 125000.00000000 PA USD 129628.09000000 0.247762926412 Long DBT US N 2 2029-04-01 Fixed 7.25000000 N N N N N N Lightstone Holdco LLC 549300VXK6UGDG7H3G98 53226GAL5 26448.33000000 PA USD 26335.92000000 0.050336810555 Long LON CORP US N 2 2027-01-29 Floating 10.03000000 N N N N N N ANTERO MIDSTREAM PART/FI N/A 03690AAK2 240000.00000000 PA USD 242480.88000000 0.463462606198 Long DBT CORP US N 2 2032-02-01 Fixed 6.63000000 N N N N N N ALLIED UNIVERSAL HOLDCO 98450038B4549046D794 019576AD9 135000.00000000 PA USD 137883.68000000 0.263542138601 Long DBT CORP US N 2 2031-02-15 Fixed 7.88000000 N N N N N N LIGHTNING POWER LLC 254900BWCHJ03XRL8K59 53229KAA7 320000.00000000 PA USD 331530.03000000 0.633665515140 Long DBT CORP US N 2 2032-08-15 Fixed 7.25000000 N N N N N N BX TRUST 2024 VLT4 N/A 05612TAJ4 100000.00000000 PA USD 95995.99000000 0.183480659217 Long ABS-MBS CORP US N 2 2029-07-15 Floating 7.21000000 N N N N N N NEXTERA ENERGY CAPITAL UMI46YPGBLUE4VGNNT48 65339KDE7 100000.00000000 PA USD 100210.80000000 0.191536580275 Long DBT CORP US N 2 2055-08-15 Fixed 6.38000000 N N N N N N REPUBLIC OF SRI LANKA 254900IG6Y30I2QE2R92 000000000 81276.00000000 PA USD 56283.63000000 0.107576967908 Long DBT NUSS LK N 2 2033-03-15 Variable 3.35000000 N N N N N N PROVIDENT FDG/PFG FIN N/A 74387UAK7 40000.00000000 PA USD 41073.60000000 0.078505479285 Long DBT CORP US N 2 2029-09-15 Fixed 9.75000000 N N N N N N Business Jet Securities, LLC N/A 12327CAA2 85092.77000000 PA USD 86188.60000000 0.164735434730 Long ABS-O CORP US N 2 2039-05-15 Fixed 6.20000000 N N N N N N ROCC Trust N/A 74970WAG5 124000.00000000 PA USD 129346.26000000 0.247224254389 Long ABS-MBS CORP US N 2 2041-11-13 Fixed 7.11000000 N N N N N N ACADIA HEALTHCARE CO INC 5493005CW985Y9D0NC11 00404AAP4 80000.00000000 PA USD 75628.87000000 0.144552235186 Long DBT CORP US N 2 2029-04-15 Fixed 5.00000000 N N N N N N STANDARD INDUSTRI INC/NY 54930064UHXCIUWVI755 853496AG2 5000.00000000 PA USD 4663.07000000 0.008912696848 Long DBT CORP US N 2 2030-07-15 Fixed 4.38000000 N N N N N N REPUBLIC OF SRI LANKA 254900IG6Y30I2QE2R92 000000000 38917.76000000 PA USD 35660.34000000 0.068158916753 Long DBT NUSS LK N 2 2028-04-15 Fixed 4.00000000 N N N N N N IHO Verwaltungs GmbH 529900JL0HDVGZMUJF32 44963BAD0 170000.00000000 PA USD 164635.28000000 0.314673453598 Long DBT CORP DE N 2 2029-05-15 Fixed 6.38000000 N N Y N N N AMWINS GROUP INC 549300SJE7MUB8NMRG61 031921AC3 100000.00000000 PA USD 101191.80000000 0.193411601582 Long DBT CORP US N 2 2029-02-15 Fixed 6.38000000 N N N N N N TRIVIUM PACKAGING FIN 724500GMZWW3PVYET548 89686QAA4 5000.00000000 PA USD 4950.88000000 0.009462798665 Long DBT CORP NL N 2 2026-08-15 Fixed 5.50000000 N N N N N N MOLINA HEALTHCARE INC 549300NQQCEQ46YHZ591 60855RAM2 60000.00000000 PA USD 59548.57000000 0.113817367569 Long DBT CORP US N 2 2033-01-15 Fixed 6.25000000 N N N N N N VIKING CRUISES LTD 549300IJP90T4MV2GL84 92676XAF4 5000.00000000 PA USD 5017.97000000 0.009591030245 Long DBT CORP BM N 2 2029-02-15 Fixed 7.00000000 N N N N N N CALDERYS FINANCING LLC 254900ZIKDM74XNEFV84 128786AA8 50000.00000000 PA USD 52827.20000000 0.100970566381 Long DBT CORP US N 2 2028-06-01 Fixed 11.25000000 N N N N N N ABN AMRO BANK NV BFXS5XCH7N0Y05NIXW11 000000000 200000.00000000 PA 225996.06000000 0.431954564657 Long DBT CORP NL N 2 2034-09-22 Fixed 6.38000000 N N N N N N VTR FINANCE BV 213800F4XI4RJB82XM19 000000000 200000.00000000 PA USD 187972.90000000 0.359279503310 Long DBT CORP NL N 2 2028-07-15 Fixed 6.38000000 N N N N N N BX Trust N/A 12433DAE3 72000.00000000 PA USD 71819.99000000 0.137272183038 Long ABS-MBS CORP US N 2 2041-11-15 Floating 6.51000000 N N N N N N TALLGRASS NRG PRTNR/FIN N/A 87470LAJ0 230000.00000000 PA USD 214162.50000000 0.409336647079 Long DBT CORP US N 2 2030-12-31 Fixed 6.00000000 N N N N N N ING GROEP NV 549300NYKK9MWM7GGW15 456837AZ6 200000.00000000 PA USD 161455.10000000 0.308595058835 Long DBT CORP NL N 2 2031-05-16 Fixed 4.25000000 N N N N N N KINETIK HOLDINGS LP 549300RD6AJIMYC0HY12 49461MAA8 255000.00000000 PA USD 249147.75000000 0.476205239537 Long DBT CORP US N 2 2030-06-15 Fixed 5.88000000 N N N N N N CALPINE CORP 43R4VPJBXTU2O15HEF41 131347CQ7 5000.00000000 PA USD 4809.45000000 0.009192478315 Long DBT CORP US N 2 2031-02-01 Fixed 5.00000000 N N N N N N VISTRA CORP 549300KP43CPCUJOOG15 92840MAC6 240000.00000000 PA USD 242374.89000000 0.463260023621 Long DBT CORP US N 2 2026-12-15 Fixed 7.00000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCP6 20000.00000000 PA USD 16847.76000000 0.032201742084 Long DBT CORP US N 2 2034-01-15 Fixed 4.25000000 N N N N N N COUGAR JV SUBSIDIARY LLC N/A 22208WAA1 205000.00000000 PA USD 212572.09000000 0.406296838070 Long DBT CORP US N 2 2032-05-15 Fixed 8.00000000 N N N N N N AZULE ENERGY FINANCE PLC 2138006X6O82RJSQDB63 05501YAA6 200000.00000000 PA USD 192800.00000000 0.368505716719 Long DBT CORP GB N 2 2030-01-23 Fixed 8.13000000 N N N N N N NEXTERA ENERGY CAPITAL UMI46YPGBLUE4VGNNT48 65339KDF4 80000.00000000 PA USD 80444.00000000 0.153755569895 Long DBT CORP US N 2 2055-08-15 Fixed 6.50000000 N N N N N N ORL TRUST N/A 67120DAG0 100000.00000000 PA USD 98875.00000000 0.188983416704 Long ABS-MBS CORP US N 2 2039-12-15 Floating 7.11000000 N N N N N N IVORY COAST 254900ICW11T82O6H590 000000000 200000.00000000 PA 206544.38000000 0.394775854700 Long DBT NUSS CI N 2 2031-10-17 Fixed 5.88000000 N N N N N N EDELMAN FINANCIAL CENTER LLC 549300Z31KZXNP05U733 27943TAC3 250000.00000000 PA USD 242812.50000000 0.464096443677 Long LON CORP US N 2 2028-10-06 Floating 9.57000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPBX0 260000.00000000 PA USD 253670.16000000 0.484849087765 Long DBT CORP US N 2 2028-02-01 Fixed 5.00000000 N N N N N N Blue Stream Issuer, LLC N/A 09606BAG9 62000.00000000 PA USD 62049.76000000 0.118597983822 Long ABS-O CORP US N 2 2054-11-20 Fixed 5.41000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71654QDD1 200000.00000000 PA USD 145919.81000000 0.278901888836 Long DBT CORP MX N 2 2050-01-23 Fixed 7.69000000 N N N N N N SIX FLAGS ENT/SIX FLAG N/A 83002YAA7 5000.00000000 PA USD 5044.85000000 0.009642406976 Long DBT CORP US N 2 2032-05-01 Fixed 6.63000000 N N N N N N COMMSCOPE LLC 549300Z6K4JXMFE8QY54 20338MAA0 105000.00000000 PA USD 107412.06000000 0.205300612835 Long DBT CORP US N 2 2031-12-15 Fixed 9.50000000 N N N N N N CENTERPOINT ENERGY INC 21TPXMRRHFKOBHDC8J74 15189TBP1 105000.00000000 PA USD 103617.16000000 0.198047281173 Long DBT CORP US N 2 2055-05-15 Fixed 6.70000000 N N N N N N TRIDENT TPI HOLDINGS INC 549300TPLK304J3RNC85 00216EAL3 497503.12000000 PA USD 480428.81000000 0.918261218681 Long LON CORP US N 2 2028-09-15 None 0.00000000 N N N N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06055HAH6 75000.00000000 PA USD 75034.54000000 0.143416270442 Long DBT CORP US N 2 2030-05-01 Fixed 6.63000000 N N N N N N TRIVIUM PACKAGING FIN 724500GMZWW3PVYET548 89686QAB2 300000.00000000 PA USD 296514.66000000 0.566739353221 Long DBT CORP NL N 2 2027-08-15 Fixed 8.50000000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46655AAG3 100000.00000000 PA USD 84528.07000000 0.161561602791 Long ABS-MBS CORP US N 2 2039-01-05 Variable 3.56000000 N N N N N N HARVEST MIDSTREAM I LP 549300DW5M17KJOXCY66 417558AA1 260000.00000000 PA USD 263170.18000000 0.503006824689 Long DBT CORP US N 2 2028-09-01 Fixed 7.50000000 N N N N N N BX Trust N/A 05593VAL7 123000.00000000 PA USD 118545.56000000 0.226580480039 Long ABS-MBS CORP US N 2 2030-03-15 Floating 6.31000000 N N N N N N AXON ENTERPRISE INC 549300QP2IEEGFE16681 05464CAD3 215000.00000000 PA USD 219133.81000000 0.418838494354 Long DBT CORP US N 2 2033-03-15 Fixed 6.25000000 N N N N N N GOAT HOLDCO LLC N/A 38021MAA4 230000.00000000 PA USD 224825.00000000 0.429716274696 Long DBT CORP US N 2 2032-02-01 Fixed 6.75000000 N N N N N N HOWARD MIDSTREAM ENERGY N/A 442722AC8 145000.00000000 PA USD 148420.32000000 0.283681205380 Long DBT CORP US N 2 2032-07-15 Fixed 7.38000000 N N N N N N CART N/A 20682AAL4 60000.00000000 PA USD 59403.53000000 0.113540147294 Long ABS-MBS CORP US N 2 2041-08-15 Floating 7.36000000 N N N N N N ROGERS COMMUNICATIONS IN 5493000M6Z4XFIP6PF03 775109DH1 50000.00000000 PA USD 49818.72000000 0.095220348130 Long DBT CORP CA N 2 2055-04-15 Fixed 7.13000000 N N N N N N TRIDENT ENERGY FINANCE 9845004ECK3FYO64I382 89616MAB6 200000.00000000 PA USD 188746.06000000 0.360757272397 Long DBT CORP GB N 2 2029-11-30 Fixed 12.50000000 N N N N N N MONGOLIA INTL BOND N/A 000000000 200000.00000000 PA USD 184318.99000000 0.352295651011 Long DBT NUSS MN N 2 2027-07-07 Fixed 3.50000000 N N N N N N VISTA OIL & GAS ARGENTIN 549300FE4UJNCG1DB123 92841RAA8 172000.00000000 PA USD 164346.00000000 0.314120542116 Long DBT CORP AR N 2 2035-12-10 Fixed 7.63000000 N N N N N N AMSTED INDUSTRIES N2VLGYMEEBIU3PFSUY86 032177AK3 95000.00000000 PA USD 95427.79000000 0.182394637701 Long DBT CORP US N 2 2033-03-15 Fixed 6.38000000 N N N N N N TAYLOR MORRISON COMM 549300O1Z08HI2MRK572 87724RAB8 5000.00000000 PA USD 5002.26000000 0.009561003145 Long DBT CORP US N 2 2028-01-15 Fixed 5.75000000 N N N N N N PANTHER ESCROW ISSUER N/A 69867RAA5 175000.00000000 PA USD 179286.63000000 0.342677116630 Long DBT CORP US N 2 2031-06-01 Fixed 7.13000000 N N N N N N Wellington Management CLO 2138007662K4YWZ79U31 949575AG9 1250000.00000000 PA USD 1244500.00000000 2.378658529342 Long ABS-CBDO CORP JE N 2 2037-07-18 Floating 7.27000000 N N N N N N WESCO DISTRIBUTION INC 549300I2CEZJG9N4AH67 95081QAR5 5000.00000000 PA USD 5086.10000000 0.009721249615 Long DBT CORP US N 2 2032-03-15 Fixed 6.63000000 N N N N N N BELL CANADA 5493000G3EFX9S7TDE29 0778FPAP4 55000.00000000 PA USD 54935.66000000 0.105000543370 Long DBT CORP CA N 2 2055-09-15 Fixed 6.88000000 N N N N N N HILLENBRAND INC U246OE781574J2BUD366 431571AE8 220000.00000000 PA USD 191006.53000000 0.365077791679 Long DBT CORP US N 2 2031-03-01 Fixed 3.75000000 N N N N N N Southern Gas Corridor CJSC 213800DG58KG59XY6318 000000000 200000.00000000 PA USD 202000.00000000 0.386090014405 Long DBT CORP AZ N 2 2026-03-24 Fixed 6.88000000 N N N N N N VIKING CRUISES LTD 549300IJP90T4MV2GL84 92676XAG2 225000.00000000 PA USD 240568.88000000 0.459808130418 Long DBT CORP BM N 2 2031-07-15 Fixed 9.13000000 N N N N N N ALLIED UNIVERSAL N/A 019576AC1 120000.00000000 PA USD 112533.03000000 0.215088510761 Long DBT CORP US N 2 2029-06-01 Fixed 6.00000000 N N N N N N QUIKRETE HOLDINGS INC 5493007KIN86DIZWZT22 74843PAA8 140000.00000000 PA USD 140789.03000000 0.269095240696 Long DBT CORP US N 2 2032-03-01 Fixed 6.38000000 N N N N N N Verus Securitization Trust 213800WNY873LW1L3M73 92540GAB4 81775.60000000 PA USD 82650.72000000 0.157973354828 Long ABS-MBS CORP US N 2 2069-06-25 Variable 6.57000000 N N N N N N SPX FLOW INC 5493003YXEKRBINIEM78 758071AA2 125000.00000000 PA USD 126039.13000000 0.240903215432 Long DBT CORP US N 2 2030-04-01 Fixed 8.75000000 N N N N N N CommScope Inc 549300Z6K4JXMFE8QY54 000000000 479661.07000000 PA USD 470216.54000000 0.898742132188 Long LON CORP US N 2 2029-12-17 Floating 9.57000000 N N N N N N Bank5 N/A 06211UAC9 90000.00000000 PA USD 79171.79000000 0.151323948225 Long ABS-MBS CORP US N 2 2057-06-15 Fixed 4.00000000 N N N N N N N/A N/A 000000000 1.00000000 NC -1.49000000 -0.00000284789 N/A DFE US N 2 Royal Bank of Canada ES7IP3U3RHIGC71XBU11 37.00000000 EUR 40.61000000 USD 2025-07-16 -1.49000000 N N N 1261229 BC LTD N/A 68288AAA5 160000.00000000 PA USD 156667.86000000 0.299445031308 Long DBT CORP CA N 2 2032-04-15 Fixed 10.00000000 N N N N N N FOCUS FINANCIAL PARTNERS LLC 5493007L0E0VKRC2CP39 34416DBD9 498750.00000000 PA USD 492176.48000000 0.940714971549 Long LON CORP US N 2 2031-09-15 Floating 7.07000000 N N N N N N NEWCO HOLDING USD SARL N/A 650921AA7 200000.00000000 PA USD 197500.00000000 0.377488999232 Long DBT CORP LU N 2 2029-11-07 Fixed 9.38000000 N N N N N N ALLIANT HOLD / CO-ISSUER N/A 01883LAE3 285000.00000000 PA USD 287052.00000000 0.548653023836 Long DBT CORP US N 2 2028-04-15 Fixed 6.75000000 N N N N N N ECHOSTAR CORP 549300EE20907QZ9GT38 278768AC0 210000.00000000 PA USD 222081.88000000 0.424473248754 Long DBT CORP US N 2 2029-11-30 Fixed 10.75000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCN1 80000.00000000 PA USD 71078.29000000 0.135854544603 Long DBT CORP US N 2 2032-05-01 Fixed 4.50000000 N N N N N N Foundation Finance Trust N/A 35040VAB5 100000.00000000 PA USD 99389.19000000 0.189966206924 Long ABS-O CORP US N 2 2050-03-15 Fixed 4.93000000 N N N N N N Bausch & Lomb Corporation 549300NY6OZM39SO6475 000000000 643384.24000000 PA USD 635084.58000000 1.213860468518 Long LON CORP CA N 2 2027-05-10 Floating 7.67000000 N N N N N N TRANSDIGM INC 88Q84GB3X55CF5OC7582 893647BP1 5000.00000000 PA USD 4809.16000000 0.009191924028 Long DBT CORP US N 2 2029-01-15 Fixed 4.63000000 N N N N N N Sierra Receivables Funding Co LLC N/A 826944AC4 43689.82000000 PA USD 45087.68000000 0.086177737726 Long ABS-O CORP US N 2 2040-09-20 Fixed 7.12000000 N N N N N N ZF NA CAPITAL 529900JYGMS9CW9IQX78 98877DAG0 105000.00000000 PA USD 92156.49000000 0.176142081938 Long DBT CORP US N 2 2032-04-23 Fixed 6.88000000 N N N N N N DT MIDSTREAM INC N/A 23345MAA5 5000.00000000 PA USD 4692.65000000 0.008969234188 Long DBT CORP US N 2 2029-06-15 Fixed 4.13000000 N N N N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307BN6 175000.00000000 PA USD 165448.21000000 0.316227236545 Long DBT CORP US N 2 2029-01-31 Fixed 11.75000000 N N N N N N GEN DIGITAL INC YF6ZV0M6AU4FY94MK914 668771AM0 110000.00000000 PA USD 109703.25000000 0.209679848380 Long DBT CORP US N 2 2033-04-01 Fixed 6.25000000 N N N N N N BROADSTREET PARTNERS INC 549300BS9N54G8DD0R75 11135RAA3 135000.00000000 PA USD 130346.05000000 0.249135189713 Long DBT CORP US N 2 2029-04-15 Fixed 5.88000000 N N N N N N ASCENT RESOURCES/ARU FIN N/A 04364VAU7 330000.00000000 PA USD 320210.81000000 0.612030674483 Long DBT CORP US N 2 2029-06-30 Fixed 5.88000000 N N N N N N POST HOLDINGS INC JM1I5YUAURL6DC8N1468 737446AV6 155000.00000000 PA USD 153257.52000000 0.292926723289 Long DBT CORP US N 2 2033-03-01 Fixed 6.38000000 N N N N N N IVORY COAST 254900ICW11T82O6H590 000000000 100000.00000000 PA 97882.45000000 0.187086319457 Long DBT NUSS CI N 2 2032-01-30 Fixed 4.88000000 N N N N N N ALPHA GENERATION LLC 254900K5V62L4YGVKF49 02073LAA9 380000.00000000 PA USD 387262.56000000 0.740189145391 Long DBT CORP US N 2 2032-10-15 Fixed 6.75000000 N N N N N N CHURCHILL DOWNS INC 529900FODTBQC8MIS994 12511VAA6 5000.00000000 PA USD 4889.90000000 0.009346245353 Long DBT CORP US N 2 2030-04-01 Fixed 5.75000000 N N N N N N SIX FLAGS ENTERTAINME 529900AS2CYWYFHRS781 83001AAD4 330000.00000000 PA USD 334531.61000000 0.639402545167 Long DBT CORP US N 2 2031-05-15 Fixed 7.25000000 N N N N N N CARNIVAL CORP F1OF2ZSX47CR0BCWA982 143658BR2 110000.00000000 PA USD 109351.84000000 0.209008185548 Long DBT CORP PA N 2 2029-05-01 Fixed 6.00000000 N N N N N N GARDA WORLD SECURITY 549300ZF1NDXLMCHNO20 36485MAM1 60000.00000000 PA USD 61935.42000000 0.118379441584 Long DBT CORP CA N 2 2028-02-15 Fixed 7.75000000 N N N N N N FOUNDRY JV HOLDCO LLC 21380048QROAMGM6EP30 350930AC7 250000.00000000 PA USD 259708.59000000 0.496390560664 Long DBT CORP US N 2 2032-01-25 Fixed 6.15000000 N N N N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 629377CU4 190000.00000000 PA USD 208153.87000000 0.397852132013 Long DBT CORP US N 2 2028-03-15 Fixed 10.25000000 N N N N N N NATWEST GROUP PLC 2138005O9XJIJN4JPN90 639057AK4 245000.00000000 PA USD 253322.99000000 0.484185529001 Long DBT CORP GB N 2 2029-09-13 Fixed 5.81000000 N N N N N N XPO INC 54930096DB9LCLPN7H13 983793AK6 295000.00000000 PA USD 302188.76000000 0.577584468819 Long DBT CORP US N 2 2032-02-01 Fixed 7.13000000 N N N N N N OLYMPUS WTR US HLDG CORP 549300YU2GGVCBN3MY89 681639AD2 5000.00000000 PA USD 5000.00000000 0.009556683524 Long DBT CORP US N 2 2031-06-15 Fixed 7.25000000 N N N N N N SAAVI ENERGIA SARL N/A 78518PAA3 200000.00000000 PA USD 201000.00000000 0.384178677700 Long DBT CORP LU N 2 2035-02-10 Fixed 8.88000000 N N N N N N CAESARS ENTERTAIN INC 549300FA4CTCW903Y781 12769GAA8 5000.00000000 PA USD 4615.77000000 0.008822290622 Long DBT CORP US N 2 2029-10-15 Fixed 4.63000000 N N N N N N Onslow Bay Financial LLC 2549002GJHC7CO92J583 67121CAB2 100000.00000000 PA USD 99453.02000000 0.190088207546 Long ABS-O CORP US N 2 2055-02-25 Floating 6.25000000 N N N N N N WR GRACE HOLDING LLC 549300WNOVFRGYOAEB12 92943GAE1 150000.00000000 PA USD 150800.70000000 0.288230913046 Long DBT CORP US N 2 2031-03-01 Fixed 7.38000000 N N N N N N KAISER ALUMINUM CORP N/A 483007AL4 5000.00000000 PA USD 4493.12000000 0.008587865175 Long DBT CORP US N 2 2031-06-01 Fixed 4.50000000 N N N N N N BEACON ROOFING SUPPLY IN 549300HDXQWWCBOYXP31 74825NAA5 105000.00000000 PA USD 105271.58000000 0.201209434844 Long DBT CORP US N 2 2032-04-30 Fixed 6.75000000 N N N N N N Egypt Government International Bonds 529900GFIVH4086NMH82 000000000 200000.00000000 PA USD 150000.00000000 0.286700505746 Long DBT NUSS EG N 2 2049-03-01 Fixed 8.70000000 N N N N N N CAPSTONE COPPER CORP 549300III6KGKKC42W63 14071LAA6 75000.00000000 PA USD 73691.91000000 0.140850052442 Long DBT CORP CA N 2 2033-03-31 Fixed 6.75000000 N N N N N N SANTANDER UK GROUP HLDGS 549300F5XIFGNNW4CF72 80281LAG0 265000.00000000 PA USD 258564.61000000 0.494204029700 Long DBT CORP GB N 2 2028-11-03 Fixed 3.82000000 N N N N N N RACKSPACE FINANCE LLC N/A 75008WAA1 25000.00000000 PA USD 8899.32000000 0.017009596965 Long DBT CORP US N 2 2028-05-15 Fixed 3.50000000 N N N N N N Zayo Group Holdings Inc 529900Z6OTS7RT0V0I47 98919XAB7 35000.00000000 PA USD 32475.10000000 0.062070850627 Long LON CORP US N 2 2027-03-09 None 0.00000000 N N N N N N N/A N/A 000000000 1.00000000 NC -10483.70000000 -0.02003788061 N/A DFE US N 2 UBS AG BFM8T61CT2L1QCEMIK50 283516.00000000 EUR 312138.07000000 USD 2025-07-16 -10483.70000000 N N N N/A N/A 000000000 22.00000000 NC USD 64123.68000000 0.122561943242 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long Ultra 10 Year U.S. Treasury Notes Futures UXYM5 Comdty 2025-06-18 2460032.57000000 USD 64123.68000000 N N N BAUSCH + LOMB CORP 549300NY6OZM39SO6475 071705AA5 210000.00000000 PA USD 218148.00000000 0.416954279517 Long DBT CORP CA N 2 2028-10-01 Fixed 8.38000000 N N N N N N UNITI GROUP/CSL CAPITAL N/A 91327TAA9 148000.00000000 PA USD 157144.18000000 0.300355439207 Long DBT US N 2 2028-02-15 Fixed 10.50000000 N N N N N N PERRIGO FINANCE UNLIMITE 549300E86RB6YCTMRM83 71429MAD7 135000.00000000 PA USD 134006.93000000 0.256132364030 Long DBT CORP IE N 2 2032-09-30 Fixed 6.13000000 N N N N N N Churchill Downs Inc 529900FODTBQC8MIS994 171484AE8 110000.00000000 PA USD 106595.16000000 0.203739241880 Long DBT CORP US N 2 2028-01-15 Fixed 4.75000000 N N N N N N Fannie Mae - CAS N/A 207942AC7 135000.00000000 PA USD 144268.17000000 0.275745048680 Long ABS-MBS USGSE US N 2 2043-06-25 Floating 9.10000000 N N N N N N ALLIANT HOLD / CO-ISSUER N/A 01883LAH6 30000.00000000 PA USD 30316.86000000 0.057945727297 Long DBT CORP US N 2 2032-10-01 Fixed 7.38000000 N N N N N N OLYMPUS WTR US HLDG CORP 549300YU2GGVCBN3MY89 25259KAA8 105000.00000000 PA USD 109405.59000000 0.209110919896 Long DBT CORP US N 2 2028-11-15 Fixed 9.75000000 N N N N N N INEOS FINANCE PLC 2138002D68XDR4LZCG32 44984WAH0 20000.00000000 PA USD 19526.51000000 0.037321735283 Long DBT CORP GB N 2 2028-05-15 Fixed 6.75000000 N N N N N N GARDA WORLD SECURITY 549300ZF1NDXLMCHNO20 36485MAL3 80000.00000000 PA USD 74829.03000000 0.143023471636 Long DBT CORP CA N 2 2029-06-01 Fixed 6.00000000 N N N N N N VM CONSOLIDATED INC 549300GCTGJLEBXJUK89 91835HAA0 5000.00000000 PA USD 4821.03000000 0.009214611594 Long DBT CORP US N 2 2029-04-15 Fixed 5.50000000 N N N N N N Lumen Technologies Inc 8M3THTGWLTYZVE6BBY25 55024EAG0 249366.09000000 PA USD 237209.49000000 0.453387205005 Long LON CORP US N 2 2030-04-15 Floating 6.79000000 N N N N N N ACRISURE LLC / FIN INC N/A 00489LAK9 120000.00000000 PA USD 122781.12000000 0.234676061334 Long DBT CORP US N 2 2029-02-01 Fixed 8.25000000 N N N N N N REPUBLIC OF GHANA 213800PP4399SNNXZ126 374422AL7 5280.00000000 PA USD 4984.32000000 0.009526713765 Long DBT NUSS GH N 2 2026-07-03 None 0.00000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCD3 55000.00000000 PA USD 51921.93000000 0.099240290602 Long DBT CORP US N 2 2030-03-01 Fixed 4.75000000 N N N N N N REPUBLIC OF GUATEMALA 529900QKDFFU9UWW5315 000000000 200000.00000000 PA USD 196747.03000000 0.376049820034 Long DBT NUSS GT N 2 2029-08-10 Fixed 5.25000000 N N N N N N ALLIANT HOLD / CO-ISSUER 5493006Q26653NF8SI73 01883LAA1 85000.00000000 PA USD 84388.90000000 0.161295602062 Long DBT CORP US N 2 2027-10-15 Fixed 6.75000000 N N N N N N HCA INC L3CJ6J7LJ2DX62FTXD46 404119BX6 265000.00000000 PA USD 257788.57000000 0.492720755964 Long DBT CORP US N 2 2029-06-15 Fixed 4.13000000 N N N N N N Symphony CLO Ltd 254900UNCLK6JV7XFW77 87170FAA5 1250000.00000000 PA USD 1209310.88000000 2.311400272670 Long ABS-CBDO CORP KY N 2 2037-10-15 Floating 10.01000000 N N N N N N STAR HOLDING LLC 254900BDGPE9N1WAKD59 85513AAA6 90000.00000000 PA USD 82462.50000000 0.157613603034 Long DBT CORP US N 2 2031-08-01 Fixed 8.75000000 N N N N N N ALLY FINANCIAL INC 549300JBN1OSM8YNAI90 02005NBM1 280000.00000000 PA USD 257234.68000000 0.491662085676 Long DBT CORP US N 2 2026-05-15 Fixed 4.70000000 N N N N N N GALAXY PIPELINE ASSETS 549300L82YB0C6JQIC26 000000000 200000.00000000 PA USD 168252.04000000 0.321586299739 Long DBT CORP JE N 2 2036-03-31 Fixed 2.63000000 N N N N N N REPUBLIC OF SRI LANKA 254900IG6Y30I2QE2R92 000000000 54880.00000000 PA USD 35364.67000000 0.067593791830 Long DBT NUSS LK N 2 2035-06-15 Variable 3.60000000 N N N N N N BX Trust N/A 05609VAQ8 100000.00000000 PA USD 97921.83000000 0.187161587897 Long ABS-MBS CORP US N 2 2036-09-15 Floating 6.84000000 N N N N N N ARTERA SERVICES LLC 549300J2G34D0WX8Z443 04302XAA2 50000.00000000 PA USD 47438.76000000 0.090671443226 Long DBT CORP US N 2 2031-02-15 Fixed 8.50000000 N N N N N N FMG RESOURCES AUG 2006 549300EFD6S2NFE9D745 30251GBE6 55000.00000000 PA USD 54202.13000000 0.103598520556 Long DBT CORP AU N 2 2032-04-15 Fixed 6.13000000 N N N N N N US FOODS INC 5493000JOOFAOUY1JZ87 90290MAJ0 5000.00000000 PA USD 4897.54000000 0.009360847966 Long DBT CORP US N 2 2033-04-15 Fixed 5.75000000 N N N N N N MAUSER PACKAGING SOLUT 549300DNGHXL0OMHW304 57763RAC1 240000.00000000 PA USD 220203.74000000 0.420883490835 Long DBT CORP US N 2 2027-04-15 Fixed 9.25000000 N N N N N N Wells Fargo Commercial Mortgage Trust 54930012YCNUERXJ1I74 95003PAG6 100000.00000000 PA USD 99238.07000000 0.189677365721 Long ABS-MBS CORP US N 2 2035-07-15 Variable 6.93000000 N N N N N N Argentina Republic Government International Bonds 549300KPBYGYF7HCHO27 040114HW3 173954.55000000 PA USD 113140.04000000 0.216248711254 Long DBT NUSS AR N 2 2046-07-09 Variable 4.13000000 N N N N N N N/A N/A 000000000 2459000.00000000 OU Notional Amount USD 107321.44000000 0.205127407502 N/A DCR US N 2 ICE Clear Credit T33OE4AS4QXXS2TT7X50 CDX.NA.HY.S44 2I65BRAD4 Y sell protection 2030-06-20 126500.50000000 USD 0.00000000 USD 2459000.00000000 USD -19179.06000000 N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 000000000 100000.00000000 PA USD 103162.46000000 0.197178196373 Long DBT CORP AR N 2 2031-01-17 Fixed 9.50000000 N N N N N N VERITIV OPERATING CO 5493004G8OK5L1UTIY12 92339LAA0 200000.00000000 PA USD 208909.80000000 0.399296968769 Long DBT CORP US N 2 2030-11-30 Fixed 10.50000000 N N N N N N TELECOM ARGENTINA SA 549300MKPIRSJD8SB782 879273AU4 99000.00000000 PA USD 103653.00000000 0.198115783480 Long DBT CORP AR N 2 2031-07-18 Fixed 9.50000000 N N N N N N Banc of America Merrill Lynch Large Loan Inc 5493001M1XQ4INMTAE48 05493WAC6 100000.00000000 PA USD 99980.08000000 0.191095596670 Long ABS-MBS CORP US N 2 2039-08-15 Floating 7.22000000 N N N N N N BLOCK INC 549300OHIIUWSTIZME52 852234AR4 125000.00000000 PA USD 127535.00000000 0.243762326669 Long DBT CORP US N 2 2032-05-15 Fixed 6.50000000 N N N N N N Fannie Mae - CAS N/A 20754TAH5 47000.00000000 PA USD 46172.10000000 0.088250429475 Long ABS-MBS USGSE US N 2 2045-02-25 Floating 6.30000000 N N N N N N TEAM HEALTH HOLDINGS INC 549300PVTQ4UDTTMQT11 87817AAB3 40000.00000000 PA USD 42900.00000000 0.081996344643 Long DBT CORP US N 2 2028-06-30 Fixed 13.50000000 N N Y N N N SAMARCO MINERACAO SA 529900U8HKV15GJC4O60 000000000 42761.00000000 PA USD 40245.55000000 0.076922796926 Long DBT CORP BR N 2 2031-06-30 Fixed 9.50000000 N N Y N N N MADISON IAQ LLC 549300IXDNBXNHUPBU73 55760LAB3 220000.00000000 PA USD 208040.43000000 0.397635309978 Long DBT CORP US N 2 2029-06-30 Fixed 5.88000000 N N N N N N AURIS LUXEMBOURG III SARL 213800VO63L2OE6QXG55 000000000 496256.24000000 PA USD 489641.14000000 0.935869083148 Long LON CORP LU N 2 2029-02-28 Floating 8.05000000 N N N N N N GENESIS ENERGY LP/FIN N/A 37185LAR3 145000.00000000 PA USD 140637.28000000 0.268805195352 Long DBT CORP US N 2 2033-05-15 Fixed 8.00000000 N N N N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 629377CY6 5000.00000000 PA USD 4976.48000000 0.009511728885 Long DBT CORP US N 2 2029-07-15 Fixed 5.75000000 N N N N N N PENNYMAC FIN SVCS INC 549300W1D516HBDEU871 70932MAF4 120000.00000000 PA USD 119832.58000000 0.229040408605 Long DBT CORP US N 2 2033-02-15 Fixed 6.88000000 N N N N N N CLEAR CHANNEL OUTDOOR HO 254900XBEE6V1ENYS150 18453HAE6 260000.00000000 PA USD 269114.04000000 0.514367542476 Long DBT CORP US N 2 2028-09-15 Fixed 9.00000000 N N N N N N WAND NEWCO 3 INC 549300Y3VZEWMSQW8494 933940AA6 290000.00000000 PA USD 298753.36000000 0.571018262702 Long DBT CORP US N 2 2032-01-30 Fixed 7.63000000 N N N N N N DEALER TIRE LLC/DT ISSR N/A 24229JAA1 60000.00000000 PA USD 58204.87000000 0.111249104439 Long DBT CORP US N 2 2028-02-01 Fixed 8.00000000 N N N N N N CSC Holdings LLC 3HG2WD2W22M120IUNG49 64072UAK8 249342.11000000 PA USD 239819.73000000 0.458376252526 Long LON CORP US N 2 2027-04-15 Floating 9.00000000 N N N N N N SUBWAY FUNDING LLC N/A 864300AA6 99500.00000000 PA USD 100632.77000000 0.192343107024 Long ABS-O CORP US N 2 2054-07-30 Fixed 6.03000000 N N N N N N Ecuador Government International Bonds 5299003Y2U5XK0A35H71 000000000 173365.00000000 PA USD 103969.23000000 0.198720205487 Long DBT NUSS EC N 2 2035-07-31 Variable 5.50000000 N N N N N N BLACKSTONE MORTGAGE TR 549300OLDJ20R2Y2UW20 09257WAF7 105000.00000000 PA USD 109055.00000000 0.208440824361 Long DBT US N 2 2029-12-01 Fixed 7.75000000 N N N N N N GENESIS ENERGY LP/FIN N/A 37185LAL6 100000.00000000 PA USD 99618.64000000 0.190404763131 Long DBT CORP US N 2 2028-02-01 Fixed 7.75000000 N N N N N N ONE Park Mortgage Trust N/A 682413AG4 100000.00000000 PA USD 92517.52000000 0.176832131829 Long ABS-MBS CORP US N 2 2036-03-15 Floating 5.94000000 N N N N N N BEAZER HOMES USA 549300DUPYT2T0F60I45 07556QBU8 140000.00000000 PA USD 135264.85000000 0.258536672698 Long DBT CORP US N 2 2031-03-15 Fixed 7.50000000 N N N N N N OPAL BIDCO SAS 969500R96XT7XY2UJ564 68348BAA1 60000.00000000 PA USD 60015.13000000 0.114709120822 Long DBT CORP FR N 2 2032-03-31 Fixed 6.50000000 N N N N N N COMM Mortgage Trust N/A 12674GAL8 100000.00000000 PA USD 100509.93000000 0.192108318423 Long ABS-MBS CORP US N 2 2041-12-10 Variable 8.19000000 N N N N N N Bank N/A 06541BCC0 75000.00000000 PA USD 74699.54000000 0.142775972646 Long ABS-MBS CORP US N 2 2056-02-15 Variable 6.49000000 N N N N N N N/A N/A 000000000 3.00000000 NC USD 7695.96000000 0.014709570828 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 10 Year U.S. Treasury Notes TYM5 Comdty 2025-06-18 328960.29000000 USD 7695.96000000 N N N MAUSER PACKAGING SOLUT 549300DNGHXL0OMHW304 57763RAD9 85000.00000000 PA USD 85224.41000000 0.162892542992 Long DBT CORP US N 2 2027-04-15 Fixed 7.88000000 N N N N N N Ziply Fiber Issuer, LLC N/A 98979QAC7 75000.00000000 PA USD 78012.58000000 0.149108307603 Long ABS-O CORP US N 2 2054-04-20 Fixed 7.81000000 N N N N N N CALDERYS FINANCING II 254900CB1N9CREDQAK86 12878AAA9 80000.00000000 PA USD 78557.67000000 0.150150158128 Long DBT CORP US N 2 2028-06-01 Fixed 11.75000000 N N Y N N N Panama Government International Bonds 549300SHS4T08CL0LP14 698299BK9 220000.00000000 PA USD 192463.99000000 0.367863488473 Long DBT NUSS PA N 2 2030-01-23 Fixed 3.16000000 N N N N N N ANTERO MIDSTREAM PART/FI N/A 03690AAH9 5000.00000000 PA USD 4879.52000000 0.009326405678 Long DBT CORP US N 2 2029-06-15 Fixed 5.38000000 N N N N N N REINSURANCE GRP OF AMER LORM1GNEU1DKEW527V90 759351AT6 60000.00000000 PA USD 58138.30000000 0.111121866754 Long DBT CORP US N 2 2055-09-15 Fixed 6.65000000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023DC6 300000.00000000 PA USD 280292.09000000 0.535732559731 Long DBT CORP US N 2 2031-02-01 Fixed 3.63000000 N N N N N N UNITED RENTALS NORTH AM NGIZXNT70J2LYT3FBI09 911365BR4 5000.00000000 PA USD 5053.93000000 0.009659761913 Long DBT CORP US N 2 2034-03-15 Fixed 6.13000000 N N N N N N UKG INC 529900FKHWSTQ1GXK240 90279XAA0 320000.00000000 PA USD 329214.08000000 0.629238954898 Long DBT CORP US N 2 2031-02-01 Fixed 6.88000000 N N N N N N ACADIA HEALTHCARE CO INC 5493005CW985Y9D0NC11 00404AAQ2 35000.00000000 PA USD 34969.57000000 0.066838622698 Long DBT CORP US N 2 2033-03-15 Fixed 7.38000000 N N N N N N Ecuador Government International Bonds 5299003Y2U5XK0A35H71 000000000 73904.00000000 PA USD 55232.15000000 0.105567235589 Long DBT NUSS EC N 2 2030-07-31 Fixed 6.90000000 N N N N N N SFO Commerical Mortgage Trust N/A 78432WAG8 17000.00000000 PA USD 16235.38000000 0.031031277713 Long ABS-MBS CORP US N 2 2038-05-15 Floating 6.84000000 N N N N N N PACIFIC GAS & ELECTRIC 1HNPXZSMMB7HMBMVBS46 694308KP1 225000.00000000 PA USD 241290.93000000 0.461188211086 Long DBT CORP US N 2 2034-03-15 Fixed 6.95000000 N N N N N N REPUBLIC OF GHANA 213800PP4399SNNXZ126 374422AM5 53240.00000000 PA USD 45443.00000000 0.086856873884 Long DBT NUSS GH N 2 2029-07-03 Variable 5.00000000 N N N N N N Bath & Body Works Inc GR3KVMWVCR54YWQNXU90 501797AW4 110000.00000000 PA USD 111936.66000000 0.213948646890 Long DBT CORP US N 2 2030-10-01 Fixed 6.63000000 N N N N N N Sierra Receivables Funding Co LLC N/A 82650DAC6 62819.79000000 PA USD 63386.87000000 0.121153651244 Long ABS-O CORP US N 2 2041-06-20 Fixed 5.83000000 N N N N N N GENERAL MOTORS FINL CO 5493008B6JBRUJ90QL97 37045XEH5 240000.00000000 PA USD 244833.30000000 0.467958872890 Long DBT CORP US N 2 2028-06-23 Fixed 5.80000000 N N N N N N ROGERS COMMUNICATIONS IN 5493000M6Z4XFIP6PF03 775109DG3 55000.00000000 PA USD 55410.62000000 0.105908351851 Long DBT CORP CA N 2 2055-04-15 Fixed 7.00000000 N N N N N N VISTRA OPERATIONS CO LLC 549300ZH5GKBTJZ7NM23 92840VAP7 130000.00000000 PA USD 137459.66000000 0.262731693611 Long DBT CORP US N 2 2031-10-15 Fixed 7.75000000 N N N N N N ONEMAIN FINANCE CORP 5493008I795YYBFWFU90 682691AH3 110000.00000000 PA USD 110320.65000000 0.210859907661 Long DBT CORP US N 2 2029-05-15 Fixed 6.63000000 N N N N N N Argentina Republic Government International Bonds 549300KPBYGYF7HCHO27 040114HS2 228800.00000000 PA USD 175032.00000000 0.334545086145 Long DBT NUSS AR N 2 2030-07-09 Variable 0.75000000 N N N N N N WILLIAMS SCOTSMAN INC 549300DAKDS8SCO1OT57 96949VAL7 110000.00000000 PA USD 114095.43000000 0.218074783229 Long DBT CORP US N 2 2031-10-01 Fixed 7.38000000 N N N N N N ACADIA HEALTHCARE CO INC 5493005CW985Y9D0NC11 00404AAN9 15000.00000000 PA USD 14685.02000000 0.028068017739 Long DBT CORP US N 2 2028-07-01 Fixed 5.50000000 N N N N N N Fannie Mae - CAS N/A 20754TAD4 67000.00000000 PA USD 66665.00000000 0.127419261437 Long ABS-MBS USGSE US N 2 2045-02-25 Floating 5.95000000 N N N N N N LIFEPOINT HEALTH INC 549300G8ZVHRTBBBSZ90 53219LAV1 50000.00000000 PA USD 53186.15000000 0.101656640691 Long DBT CORP US N 2 2030-08-15 Fixed 9.88000000 N N N N N N Morgan Stanley Capital I Trust N/A 61772WAG2 100000.00000000 PA USD 93207.62000000 0.178151145289 Long ABS-MBS CORP US N 2 2038-12-15 Floating 5.89000000 N N N N N N RESIDEO FUNDING INC 5493000IFJ6XJKH66598 76119LAD3 195000.00000000 PA USD 193437.62000000 0.369724423229 Long DBT CORP US N 2 2032-07-15 Fixed 6.50000000 N N N N N N PARK INTERMED HOLDINGS N/A 70052LAB9 115000.00000000 PA USD 112223.90000000 0.214497659245 Long DBT US N 2 2028-10-01 Fixed 5.88000000 N N N N N N SIERRACOL ENRGY ANDINA N/A 000000000 200000.00000000 PA USD 183964.28000000 0.351617680768 Long DBT CORP US N 2 2028-06-15 Fixed 6.00000000 N N N N N N N/A N/A 000000000 1.00000000 NC -1.22000000 -0.00000233183 N/A DFE XX N 2 Standard Chartered Bank RILFO74KP1CM8P6PCT96 270.00000000 USD 236.20000000 EUR 2025-07-16 -1.22000000 N N N CHAMPIONS FINANCING INC 391200ZDD75EGEUJ7625 15870LAA6 190000.00000000 PA USD 167278.91000000 0.319726320651 Long DBT CORP US N 2 2029-02-15 Fixed 8.75000000 N N N N N N AERCAP IRELAND CAP/GLOBA N/A 00774MAW5 275000.00000000 PA USD 259719.60000000 0.496411604481 Long DBT CORP IE N 2 2028-10-29 Fixed 3.00000000 N N N N N N ELECTRICITE DE FRANCE SA 549300X3UK4GG3FNMO06 28504KAA5 215000.00000000 PA USD 240472.13000000 0.459623208592 Long DBT CORP FR N 2 2033-03-15 Fixed 9.13000000 N N N N N N AMERICAN AIRLINES/AADVAN N/A 00253XAB7 240000.00000000 PA USD 232776.74000000 0.444914727226 Long DBT CORP XX N 2 2029-04-20 Fixed 5.75000000 N N N N N N Greensky Home Improvement Issuer Trust N/A 39571NAG1 100000.00000000 PA USD 100559.79000000 0.192203617671 Long ABS-O CORP US N 2 2060-03-25 Fixed 6.22000000 N N N N N N LGI HOMES INC 549300W02B4WNV8CV109 50187TAK2 275000.00000000 PA USD 253687.50000000 0.484882230343 Long DBT CORP US N 2 2032-11-15 Fixed 7.00000000 N N N N N N JELD-WEN INC 549300XWE6NM0N1HFW16 47580PAA1 145000.00000000 PA USD 127344.80000000 0.243398790427 Long DBT CORP US N 2 2032-09-01 Fixed 7.00000000 N N N N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 25746UDV8 105000.00000000 PA USD 103234.85000000 0.197316558037 Long DBT CORP US N 2 2055-05-15 Fixed 6.63000000 N N N N N N POST HOLDINGS INC JM1I5YUAURL6DC8N1468 737446AX2 35000.00000000 PA USD 34709.46000000 0.066341464907 Long DBT CORP US N 2 2034-10-15 Fixed 6.25000000 N N N N N N ARES CAPITAL CORP WEQ82666OJYSI5GUAB47 04010LBG7 255000.00000000 PA USD 258132.61000000 0.493378332244 Long DBT CORP US N 2 2029-07-15 Fixed 5.95000000 N N N N N N ELLUCIAN HOLDINGS INC 549300RP8NIJ7FY7OS79 289178AA3 55000.00000000 PA USD 54945.87000000 0.105020058117 Long DBT CORP US N 2 2029-12-01 Fixed 6.50000000 N N N N N N EMRLD BOR / EMRLD CO-ISS N/A 26873CAB8 110000.00000000 PA USD 112173.14000000 0.214400639794 Long DBT CORP US N 2 2031-07-15 Fixed 6.75000000 N N N N N N REPUBLIC OF GHANA 213800PP4399SNNXZ126 374422AP8 76560.00000000 PA USD 52060.80000000 0.099505717930 Long DBT NUSS GH N 2 2035-07-03 Variable 5.00000000 N N N N N N Colombia Government International Bonds 549300MHDRBVRF6B9117 195325DP7 250000.00000000 PA USD 234647.82000000 0.448490991108 Long DBT NUSS CO N 2 2029-03-15 Fixed 4.50000000 N N N N N N PENN ENTERTAINMENT INC N/A 707569AV1 60000.00000000 PA USD 52627.02000000 0.100587954999 Long DBT CORP US N 2 2029-07-01 Fixed 4.13000000 N N N N N N MIWD HLDCO II/MIWD FIN N/A 55337PAA0 70000.00000000 PA USD 63081.95000000 0.120570846456 Long DBT CORP US N 2 2030-02-01 Fixed 5.50000000 N N N N N N NOBLE FINANCE II LLC N/A 65505PAA5 80000.00000000 PA USD 76221.38000000 0.145684721297 Long DBT CORP US N 2 2030-04-15 Fixed 8.00000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCE1 80000.00000000 PA USD 74286.74000000 0.141986972855 Long DBT CORP US N 2 2030-08-15 Fixed 4.50000000 N N N N N N Lightstone Holdco LLC 549300VXK6UGDG7H3G98 53226GAK7 467567.71000000 PA USD 465580.55000000 0.889881194337 Long LON CORP US N 2 2027-01-29 Floating 10.03000000 N N N N N N Nigeria Government International Bonds 549300GSBZD84TNEQ285 000000000 200000.00000000 PA USD 189428.00000000 0.362060689350 Long DBT NUSS NG N 2 2029-03-24 Fixed 8.38000000 N N N N N N El Salvador Government International Bonds 529900AKDMUSFSDOM949 000000000 200000.00000000 PA USD 199241.79000000 0.380818146392 Long DBT NUSS SV N 2 2052-07-15 Fixed 9.50000000 N N N N N N Zambia Government International Bonds 213800DMLAZ6LGMMD849 000000000 159882.00000000 PA USD 138889.49000000 0.265464580172 Long DBT NUSS ZM N 2 2033-06-30 Variable 5.75000000 N N N N N N HILCORP ENERGY I/HILCORP N/A 431318BE3 50000.00000000 PA USD 42490.30000000 0.081213269995 Long DBT CORP US N 2 2034-05-15 Fixed 6.88000000 N N N N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 55903VBD4 230000.00000000 PA USD 173365.58000000 0.331359996433 Long DBT CORP US N 2 2042-03-15 Fixed 5.05000000 N N N N N N CHURCHILL DOWNS INC 529900FODTBQC8MIS994 171484AJ7 165000.00000000 PA USD 166646.21000000 0.318517017918 Long DBT CORP US N 2 2031-05-01 Fixed 6.75000000 N N N N N N LATAM AIRLINES GROUP SA 549300HX3UUDPEFTG707 51817RAD8 25000.00000000 PA USD 24468.75000000 0.046768019999 Long DBT CORP CL N 2 2030-04-15 Fixed 7.88000000 N N N N N N ARCHROCK PARTNERS LP/FIN N/A 03959KAD2 75000.00000000 PA USD 74578.04000000 0.142543745237 Long DBT CORP US N 2 2032-09-01 Fixed 6.63000000 N N N N N N N/A N/A 000000000 -4.00000000 NC -2968.07000000 -0.00567298113 N/A DIR DE N 1 Eurex Deutschland 529900LN3S50JPU47S06 Short Eurex 2 Year Euro SCHATZ Futures DUM5 Comdty 2025-06-06 -427660.00000000 EUR -2968.07000000 N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 55903VBC6 300000.00000000 PA USD 256884.14000000 0.490992085708 Long DBT CORP US N 2 2032-03-15 Fixed 4.28000000 N N N N N N Madison Avenue Trust N/A 556227AJ5 100000.00000000 PA USD 97415.78000000 0.186194355957 Long ABS-MBS CORP US N 2 2035-09-10 Variable 3.67000000 N N N N N N BANCO SANTANDER SA 5493006QMFDDMYWIAM13 05964HBD6 200000.00000000 PA USD 204327.02000000 0.390537733144 Long DBT CORP ES N 2 2034-03-14 Fixed 6.35000000 N N N N N N MEDLINE BORROWER LP 254900QT3R363TVK6F09 62482BAB8 170000.00000000 PA USD 161438.40000000 0.308563139512 Long DBT CORP US N 2 2029-10-01 Fixed 5.25000000 N N N N N N SEALED AIR CORP Q0M0CZB4YN6JZ65WXI09 812127AC2 5000.00000000 PA USD 5085.66000000 0.009720408627 Long DBT CORP US N 2 2032-07-15 Fixed 6.50000000 N N N N N N NAVOI MINING METALLURGIC N/A 000000000 200000.00000000 PA USD 201550.70000000 0.385231250823 Long DBT CORP UZ N 2 2031-10-17 Fixed 6.95000000 N N N N N N N/A N/A 000000000 -1.00000000 NC -1076.21000000 -0.00205699967 N/A DIR DE N 1 Eurex Deutschland 529900LN3S50JPU47S06 Short French Government Bond Futures OATM5 Comdty 2025-06-06 -124690.00000000 EUR -1076.21000000 N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397D42 235000.00000000 PA USD 241944.21000000 0.462436849129 Long DBT CORP US N 2 2030-06-10 Fixed 7.20000000 N N N N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 808513BK0 530000.00000000 PA USD 513245.91000000 0.980985746461 Long DBT CORP US N 2 2026-06-01 Fixed 4.00000000 N N N N N N AHEAD DB HOLDINGS LLC 254900L07WFL833JX193 00867FAA6 275000.00000000 PA USD 265906.38000000 0.508236624181 Long DBT CORP US N 2 2028-05-01 Fixed 6.63000000 N N N N N N LEVEL 3 FINANCING INC 254900AE5FEFIJOXWL19 527298BU6 105000.00000000 PA USD 113512.28000000 0.216960187229 Long DBT CORP US N 2 2030-05-15 Fixed 10.50000000 N N N N N N Ziply Fiber Issuer, LLC N/A 98979QAA1 50000.00000000 PA USD 51234.55000000 0.097926475977 Long ABS-O CORP US N 2 2054-04-20 Fixed 6.64000000 N N N N N N Freddie Mac - STACR 5493000IRODEKU3J3Q16 35564KUE7 130000.00000000 PA USD 140725.00000000 0.268972857807 Long ABS-MBS USGSE US N 2 2042-03-25 Floating 11.35000000 N N N N N N M&T BANK CORPORATION 549300WYXDDBYRASEG81 55261FAN4 240000.00000000 PA USD 219608.95000000 0.419746646876 Long DBT CORP US N 2 2026-09-01 Fixed 3.50000000 N N N N N N CDW LLC/CDW FINANCE N/A 12513GBF5 275000.00000000 PA USD 256150.26000000 0.489589393927 Long DBT CORP US N 2 2029-02-15 Fixed 3.25000000 N N N N N N STANDARD INDUSTRI INC/NY 54930064UHXCIUWVI755 853496AH0 160000.00000000 PA USD 141273.30000000 0.270020843723 Long DBT CORP US N 2 2031-01-15 Fixed 3.38000000 N N N N N N LEVEL 3 FINANCING INC 254900AE5FEFIJOXWL19 527298CB7 45000.00000000 PA USD 39262.50000000 0.075043857379 Long DBT CORP US N 2 2029-06-15 Fixed 4.88000000 N N N N N N CAPITAL ONE FINANCIAL CO ZUE8T73ROZOF6FLBAR73 14040HDJ1 140000.00000000 PA USD 138256.51000000 0.264254742264 Long DBT CORP US N 2 2036-01-30 Fixed 6.18000000 N N N N N N FOUNDRY JV HOLDCO LLC 21380048QROAMGM6EP30 350930AK9 200000.00000000 PA USD 207567.51000000 0.396731400623 Long DBT CORP US N 2 2039-01-25 Fixed 6.30000000 N N N N N N CARNIVAL CORP F1OF2ZSX47CR0BCWA982 143658BX9 120000.00000000 PA USD 118985.30000000 0.227420971242 Long DBT CORP PA N 2 2033-02-15 Fixed 6.13000000 N N N N N N ZORLU ENERJI ELEKTRIK 7890005B5CSNL39OYO75 000000000 200000.00000000 PA USD 183242.16000000 0.350237466307 Long DBT CORP TR N 2 2030-04-23 Fixed 11.00000000 N N N N N N GARDA WORLD SECURITY 549300ZF1NDXLMCHNO20 36485MAN9 110000.00000000 PA USD 108063.15000000 0.206545065050 Long DBT CORP CA N 2 2032-08-01 Fixed 8.25000000 N N N N N N EXCELERATE ENERGY LP LGL4IE90TNTFYJ55BK06 30069UAA6 220000.00000000 PA USD 223481.98000000 0.427149311274 Long DBT CORP US N 2 2030-05-15 Fixed 8.00000000 N N N N N N Taubman Centers Commercial Mortgage Trust N/A 87231EAE7 100000.00000000 PA USD 97222.31000000 0.185824569645 Long ABS-MBS CORP US N 2 2039-12-15 Floating 6.31000000 N N N N N N Ballyrock Ltd 254900WCB773D35B5908 05874UAJ4 1250000.00000000 PA USD 1244500.00000000 2.378658529342 Long ABS-CBDO CORP KY N 2 2037-10-25 Floating 7.18000000 N N N N N N TENET HEALTHCARE CORP 0W9AIBT6U6ADJ2I8HK17 88033GDK3 65000.00000000 PA USD 64844.54000000 0.123939749419 Long DBT CORP US N 2 2028-10-01 Fixed 6.13000000 N N N N N N Bank5 N/A 06211UBY0 75000.00000000 PA USD 78429.29000000 0.149904780722 Long ABS-MBS CORP US N 2 2057-06-15 Fixed 6.94000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 29273VAY6 250000.00000000 PA USD 246044.83000000 0.470274514648 Long DBT CORP US N 2 2034-05-15 Fixed 5.55000000 N N N N N N Turkiye Government International Bonds 5493000PCHOG3B6S3Q85 900123DH0 200000.00000000 PA USD 215609.60000000 0.412102542425 Long DBT NUSS TR N 2 2029-03-14 Fixed 9.38000000 N N N N N N BORR IHC LTD / BORR FIN N/A 000000000 185365.85000000 PA USD 157653.66000000 0.301329227031 Long DBT CORP XX N 2 2028-11-15 Fixed 10.00000000 N N N N N N ALLIANT HOLD / CO-ISSUER N/A 01883LAF0 5000.00000000 PA USD 5074.49000000 0.009699058996 Long DBT CORP US N 2 2031-01-15 Fixed 7.00000000 N N N N N N N/A N/A 000000000 1.00000000 NC -4808.65000000 -0.00919094924 N/A DFE US N 2 Royal Bank of Canada ES7IP3U3RHIGC71XBU11 234106.50000000 EUR 261588.50000000 USD 2025-07-16 -4808.65000000 N N N INTOWN Mortgage Trust N/A 46117WAE2 161000.00000000 PA USD 157578.75000000 0.301186048799 Long ABS-MBS CORP US N 2 2042-03-15 Floating 6.57000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCK7 50000.00000000 PA USD 45176.17000000 0.086346871911 Long DBT CORP US N 2 2031-02-01 Fixed 4.25000000 N N N N N N AMWINS GROUP INC 549300SJE7MUB8NMRG61 031921AB5 185000.00000000 PA USD 176624.59000000 0.337589061868 Long DBT CORP US N 2 2029-06-30 Fixed 4.88000000 N N N N N N SC GAMES HOLDIN/US FINCO N/A 80874DAA4 115000.00000000 PA USD 109455.94000000 0.209207155699 Long DBT CORP US N 2 2030-03-01 Fixed 6.63000000 N N N N N N TRANSMONTAIGNE PARTNERS N/A 89377AAA3 50000.00000000 PA USD 50324.25000000 0.096186586175 Long DBT CORP US N 2 2030-06-15 Fixed 8.50000000 N N N N N N N/A N/A 000000000 8.00000000 NC USD 14263.90000000 0.027263115626 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT U.S. Long Bond Futures USM5 Comdty 2025-06-18 918736.10000000 USD 14263.90000000 N N N REPUBLIC OF SRI LANKA 254900IG6Y30I2QE2R92 000000000 76208.00000000 PA USD 53345.60000000 0.101961403328 Long DBT NUSS LK N 2 2038-02-15 Variable 3.60000000 N N N N N N LIFEPOINT HEALTH INC 549300G8ZVHRTBBBSZ90 53219LAX7 45000.00000000 PA USD 43650.00000000 0.083429847172 Long DBT CORP US N 2 2032-06-01 Fixed 10.00000000 N N N N N N ARIS WATER HOLDINGS LLC 5493007AWQW8ZKCHVV46 04041NAA0 90000.00000000 PA USD 89309.33000000 0.170700200525 Long DBT CORP US N 2 2030-04-01 Fixed 7.25000000 N N N N N N NOVELIS CORP 549300G5F3W3B52WYL23 670001AL0 160000.00000000 PA USD 162305.27000000 0.310220019962 Long DBT CORP US N 2 2030-01-30 Fixed 6.88000000 N N N N N N HILCORP ENERGY I/HILCORP N/A 431318BC7 100000.00000000 PA USD 95096.07000000 0.181760609089 Long DBT CORP US N 2 2033-11-01 Fixed 8.38000000 N N N N N N JANE STREET GRP/JSG FIN N/A 47077WAC2 5000.00000000 PA USD 5156.61000000 0.009856017966 Long DBT CORP US N 2 2031-04-30 Fixed 7.13000000 N N N N N N Morgan Stanley Residential Mortgage Loan Trust N/A 617941AF6 100000.00000000 PA USD 100534.17000000 0.192154649225 Long ABS-MBS CORP US N 2 2070-01-25 Variable 6.52000000 N N N N N N SEALED AIR/SEALED AIR US N/A 812127AB4 210000.00000000 PA USD 218683.50000000 0.417977800322 Long DBT CORP US N 2 2031-02-15 Fixed 7.25000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCS0 30000.00000000 PA USD 30268.77000000 0.057853811115 Long DBT CORP US N 2 2029-09-01 Fixed 6.38000000 N N N N N N QUALITYTECH LP 549300GWD2FYVWRWCZ90 74758JAB3 500000.00000000 PA USD 496250.00000000 0.948500839844 Long LON CORP US N 3 2031-10-30 Floating 7.82000000 N N N N N N CITIZENS FINANCIAL GROUP 2138004JDDA4ZQUPFW65 174610BF1 245000.00000000 PA USD 250795.23000000 0.479354128531 Long DBT CORP US N 2 2030-01-23 Fixed 5.84000000 N N N N N N TEREX CORP YAWJZJYEQ7M1SYMOS462 880779BB8 5000.00000000 PA USD 4785.22000000 0.009146166627 Long DBT CORP US N 2 2032-10-15 Fixed 6.25000000 N N N N N N MIDCONTINENT COMMUNICATI 549300ZI9GDQBS28C408 59565XAD2 65000.00000000 PA USD 66267.37000000 0.126659256623 Long DBT CORP US N 2 2032-08-15 Fixed 8.00000000 N N N N N N NRZ Excess Spread Collateralized Notes N/A 62956YAA7 88990.99000000 PA USD 89686.97000000 0.171421997719 Long ABS-O CORP US N 2 2031-11-25 Variable 7.40000000 N N N N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 170572.20000000 NS USD 170572.20000000 0.326020906708 Long STIV RF US N 2 N N N AMENTUM HOLDINGS INC 2549009FJIBLW40CU216 02352BAA3 5000.00000000 PA USD 5086.19000000 0.009721421635 Long DBT CORP US N 2 2032-08-01 Fixed 7.25000000 N N N N N N OCP CLO Ltd 2549004IE8HHQL34D058 671026AS1 500000.00000000 PA USD 491124.15000000 0.938703614595 Long ABS-CBDO CORP KY N 2 2037-01-17 Floating 7.03000000 N N N N N N ZAYO GROUP HOLDINGS INC 529900Z6OTS7RT0V0I47 98919VAA3 165000.00000000 PA USD 151963.53000000 0.290453472706 Long DBT CORP US N 2 2027-03-01 Fixed 4.00000000 N N N N N N HILCORP ENERGY I/HILCORP N/A 431318AZ7 135000.00000000 PA USD 117432.77000000 0.224453563668 Long DBT CORP US N 2 2032-04-15 Fixed 6.25000000 N N N N N N Lumen Technologies Inc 8M3THTGWLTYZVE6BBY25 55024EAF2 249366.08000000 PA USD 237990.00000000 0.454879022417 Long LON CORP US N 2 2029-04-15 None 0.00000000 N N N N N N FORTUNE STAR BVI LTD 2549008CU8NYQQRSNU62 000000000 200000.00000000 PA USD 188000.65000000 0.359332542904 Long DBT CORP VG N 2 2027-01-27 Fixed 5.05000000 N N N N N N CORNERSTONE GENERATION LLC 254900JBGAU2N55LVN75 000000000 500000.00000000 PA USD 499895.00000000 0.955467662134 Long LON CORP US N 2 2031-10-28 None 0.00000000 N N N N N N WINDSOR HOLDINGS III LLC 254900IXUJZ9H146T437 97360AAA5 210000.00000000 PA USD 221034.45000000 0.422471257349 Long DBT CORP US N 2 2030-06-15 Fixed 8.50000000 N N N N N N N/A N/A 000000000 -1.00000000 NC -3613.79000000 -0.00690716947 N/A DIR DE N 1 Eurex Deutschland 529900LN3S50JPU47S06 Short Eurex 5 Year Euro BOBL Futures OEM5 Comdty 2025-06-06 -116440.00000000 EUR -3613.79000000 N N N NYC Commercial Mortgage Trust N/A 67120UAG2 100000.00000000 PA USD 96744.11000000 0.184910568433 Long ABS-MBS CORP US N 2 2042-02-15 Floating 6.76000000 N N N N N N Cloudera Inc 549300PGONC4JOI0RG62 74339VAE8 250000.00000000 PA USD 234167.50000000 0.447572937862 Long LON CORP US N 2 2029-10-08 Floating 10.42000000 N N N N N N 1011778 BC / NEW RED FIN N/A 68245XAM1 125000.00000000 PA USD 113754.05000000 0.217422291104 Long DBT CORP CA N 2 2030-10-15 Fixed 4.00000000 N N N N N N N/A N/A 000000000 1.00000000 NC -12398.33000000 -0.02369738320 N/A DFE US N 2 JPMorgan Chase Bank NA 7H6GLXDRUGQFU57RNE97 300000.00000000 GBP 387526.05000000 USD 2025-07-16 -12398.33000000 N N N WINDSTREAM SERVICES/ESCR N/A 97381AAA0 105000.00000000 PA USD 107490.50000000 0.205450538086 Long DBT CORP US N 2 2031-10-01 Fixed 8.25000000 N N N N N N AB BSL CLO N/A 00038GAJ9 500000.00000000 PA USD 483713.05000000 0.924538507140 Long ABS-CBDO CORP JE N 2 2038-01-20 Floating 7.41000000 N N N N N N MIDWEST GMNG BOR/MWG FIN N/A 59833DAB6 220000.00000000 PA USD 207692.80000000 0.396970871999 Long DBT CORP US N 2 2029-05-01 Fixed 4.88000000 N N N N N N BX Trust N/A 05612AAG1 75000.00000000 PA USD 74250.00000000 0.141916750344 Long ABS-MBS CORP US N 2 2041-02-15 Floating 6.26000000 N N N N N N SEAWORLD PARKS & ENTERTA 549300UZV72O3371JJ53 81282UAG7 325000.00000000 PA USD 308903.73000000 0.590419037453 Long DBT CORP US N 2 2029-08-15 Fixed 5.25000000 N N N N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 629377CW0 60000.00000000 PA USD 59370.35000000 0.113476729142 Long DBT CORP US N 2 2033-02-01 Fixed 6.00000000 N N N N N N ALLIANT HOLD / CO-ISSUER N/A 01883LAG8 30000.00000000 PA USD 29938.49000000 0.057222534828 Long DBT CORP US N 2 2031-10-01 Fixed 6.50000000 N N N N N N BELL CANADA 5493000G3EFX9S7TDE29 0778FPAQ2 70000.00000000 PA USD 69463.88000000 0.132768863514 Long DBT CORP CA N 2 2055-09-15 Fixed 7.00000000 N N N N N N BOMBARDIER INC W7L3VLU8EHQY34Z36697 097751CB5 170000.00000000 PA USD 174055.35000000 0.332678379152 Long DBT CORP CA N 2 2031-07-01 Fixed 7.25000000 N N N N N N QUIKRETE HOLDINGS INC 5493007KIN86DIZWZT22 74843PAB6 70000.00000000 PA USD 70261.86000000 0.134294071977 Long DBT CORP US N 2 2033-03-01 Fixed 6.75000000 N N N N N N Republic of South Africa Government International Bonds 378900AAFB4F17004C49 836205BA1 200000.00000000 PA USD 188480.00000000 0.360248742153 Long DBT NUSS ZA N 2 2029-09-30 Fixed 4.85000000 N N N N N N TRIDENT TPI HOLDINGS INC 549300TPLK304J3RNC85 89616RAC3 55000.00000000 PA USD 57697.31000000 0.110278986381 Long DBT CORP US N 2 2028-12-31 Fixed 12.75000000 N N N N N N N/A N/A 000000000 13.00000000 NC USD 11580.54000000 0.022134311165 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 5 Year U.S. Treasury Notes FVM5 Comdty 2025-06-30 1407958.53000000 USD 11580.54000000 N N N LLOYDS BANKING GROUP PLC 549300PPXHEU2JF0AM85 53944YAX1 245000.00000000 PA USD 248132.28000000 0.474264334453 Long DBT CORP GB N 2 2035-01-05 Fixed 5.68000000 N N N N N N REPUBLIC OF SRI LANKA 254900IG6Y30I2QE2R92 000000000 41436.00000000 PA USD 33759.35000000 0.064525484791 Long DBT NUSS LK N 2 2030-01-15 Variable 3.10000000 N N N N N N PRIME SECSRVC BRW/FINANC N/A 74166MAE6 205000.00000000 PA USD 204831.08000000 0.391501161523 Long DBT CORP US N 2 2028-01-15 Fixed 6.25000000 N N N N N N FMG RESOURCES AUG 2006 549300EFD6S2NFE9D745 30251GBC0 95000.00000000 PA USD 85978.00000000 0.164332907220 Long DBT CORP AU N 2 2031-04-01 Fixed 4.38000000 N N N N N N Island Finance Trust 2025-1 N/A 463920AA6 100000.00000000 PA USD 101597.01000000 0.194186094328 Long ABS-O CORP US N 2 2035-03-19 Fixed 6.54000000 N N N N N N AAR ESCROW ISSUER LLC N/A 00253PAA6 5000.00000000 PA USD 5118.42000000 0.009783024017 Long DBT CORP US N 2 2029-03-15 Fixed 6.75000000 N N N N N N BOOZ ALLEN HAMILTON INC 549300D7XCH2480XU542 09951LAD5 70000.00000000 PA USD 69555.74000000 0.132944438903 Long DBT CORP US N 2 2035-04-15 Fixed 5.95000000 N N N N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 693475BC8 85000.00000000 PA USD 79941.75000000 0.152795601035 Long DBT CORP US N 2 2026-09-15 Fixed 3.40000000 N N N N N N KAISER ALUMINUM CORP N/A 483007AJ9 175000.00000000 PA USD 168376.18000000 0.321823573077 Long DBT CORP US N 2 2028-03-01 Fixed 4.63000000 N N N N N N HUB INTERNATIONAL LTD 549300JQT6ATTUNS5E06 44332PAH4 320000.00000000 PA USD 331917.76000000 0.634406597721 Long DBT CORP US N 2 2030-06-15 Fixed 7.25000000 N N N N N N INTEL CORP KNX4USFCNGPY45LOCE31 458140BM1 190000.00000000 PA USD 149058.62000000 0.284901211599 Long DBT CORP US N 2 2050-03-25 Fixed 4.75000000 N N N N N N EquipmentShare N/A 22689LAB1 85907.10000000 PA USD 87221.66000000 0.166709960226 Long ABS-O CORP US N 2 2031-01-20 Fixed 6.78000000 N N N N N N FORTRESS INTERMEDIATE 254900NLAZ3JQJW5JP75 34966MAA0 175000.00000000 PA USD 178889.73000000 0.341918507092 Long DBT CORP US N 2 2031-06-01 Fixed 7.50000000 N N N N N N COMSTOCK RESOURCES INC I03QQGEA4SS774AURI46 205768AS3 220000.00000000 PA USD 209701.67000000 0.400810498965 Long DBT CORP US N 2 2029-03-01 Fixed 6.75000000 N N N N N N UWM HOLDINGS LLC N/A 903522AA8 5000.00000000 PA USD 4944.34000000 0.009450298523 Long DBT CORP US N 2 2030-02-01 Fixed 6.63000000 N N N N N N NRZ Excess Spread Collateralized Notes N/A 64832EAA7 96981.82000000 PA USD 96347.33000000 0.184152188255 Long ABS-MBS CORP US N 2 2032-03-25 Variable 6.55000000 N N N N N N N/A N/A 000000000 -16.00000000 NC USD -33234.39000000 -0.06352210947 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT 2 Year U.S. Treasury Notes Futures TUM5 Comdty 2025-06-30 -3297140.62000000 USD -33234.39000000 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 125896BY5 100000.00000000 PA USD 97494.10000000 0.186344051848 Long DBT CORP US N 2 2055-06-01 Fixed 6.50000000 N N N N N N Bank 549300664283JRAXM588 06540GBA5 75000.00000000 PA USD 77213.25000000 0.147580518835 Long ABS-MBS CORP US N 2 2057-06-15 Variable 6.83000000 N N N N N N Dominican Republic International Bonds 254900EHU7Q8FGVPI369 000000000 280000.00000000 PA USD 275730.00000000 0.527012869663 Long DBT NUSS DO N 2 2029-02-22 Fixed 5.50000000 N N N N N N ROMANIA 315700IASY927EDWBK92 77586RAL4 38000.00000000 PA USD 31529.64000000 0.060263758226 Long DBT NUSS RO N 2 2032-03-27 Fixed 3.63000000 N N N N N N AVIENT CORP SM8L9RZYIB34LNTWO040 05368VAB2 105000.00000000 PA USD 103877.54000000 0.198544955024 Long DBT CORP US N 2 2031-11-01 Fixed 6.25000000 N N N N N N ATHENAHEALTH GROUP INC 254900AA3KZN4Q7A5Z33 60337JAA4 180000.00000000 PA USD 172053.24000000 0.328851672822 Long DBT CORP US N 2 2030-02-15 Fixed 6.50000000 N N N N N N BOOST NEWCO BORROWER LLC 254900S8RE1OL7TTCU64 36268NAA8 275000.00000000 PA USD 290195.40000000 0.554661119635 Long DBT CORP US N 2 2031-01-15 Fixed 7.50000000 N N N N N N LIVE NATION ENTERTAINMEN 5493007B9BM9ZXJINO78 538034AR0 5000.00000000 PA USD 4894.03000000 0.009354139174 Long DBT CORP US N 2 2027-10-15 Fixed 4.75000000 N N N N N N N/A N/A 000000000 -1.00000000 NC -2718.71000000 -0.00519637021 N/A DIR GB N 1 ICE Futures Europe 549300UF4R84F48NCH34 Short ICF Long Gilt Futures G M5 Comdty 2025-06-26 -91480.00000000 GBP -2718.71000000 N N N ARCOSA INC 549300WFHLTCZV7D6V29 039653AC4 125000.00000000 PA USD 127373.84000000 0.243454295645 Long DBT CORP US N 2 2032-08-15 Fixed 6.88000000 N N N N N N SLM CORP N/A 78442PGF7 30000.00000000 PA USD 30968.55000000 0.059191326314 Long DBT CORP US N 2 2030-01-31 Fixed 6.50000000 N N N N N N INEOS FINANCE PLC 2138002D68XDR4LZCG32 44984WAJ6 35000.00000000 PA USD 32874.51000000 0.062834257621 Long DBT CORP GB N 2 2029-04-15 Fixed 7.50000000 N N N N N N NCL CORPORATION LTD UNZWILHE4KMRP9K2L524 62886HBG5 100000.00000000 PA USD 103204.30000000 0.197258166701 Long DBT CORP BM N 2 2029-02-15 Fixed 7.75000000 N N N N N N SOUTHERN CO 549300FC3G3YU2FBZD92 842587EB9 160000.00000000 PA USD 162993.44000000 0.311535344542 Long DBT CORP US N 2 2055-03-15 Fixed 6.38000000 N N N N N N CSC Holdings LLC 3HG2WD2W22M120IUNG49 64072UAM4 249362.24000000 PA USD 242365.14000000 0.463241388088 Long LON CORP US N 2 2028-01-18 Floating 8.82000000 N N N N N N AGL CLO Ltd. 254900FQ0489DHYW7509 00121EAA1 1250000.00000000 PA USD 1202068.13000000 2.297556938751 Long ABS-CBDO CORP KY N 2 2037-07-21 Floating 9.77000000 N N N N N N LEVEL 3 FINANCING INC 254900AE5FEFIJOXWL19 527298BV4 50000.00000000 PA USD 55875.00000000 0.106795938390 Long DBT CORP US N 2 2029-11-15 Fixed 11.00000000 N N N N N N CONSOLIDATED COMMUNICATI 549300WW675Y48HDVX34 20903XAF0 65000.00000000 PA USD 63809.85000000 0.121962108444 Long DBT CORP US N 2 2028-10-01 Fixed 6.50000000 N N N N N N CIA DE MINAS BUENAVENTUR 529900WQB1ZU9KB6EL71 204448AB0 200000.00000000 PA USD 198502.00000000 0.379404158611 Long DBT CORP PE N 2 2032-02-04 Fixed 6.80000000 N N N N N N CLOUD SOFTWARE GRP INC 04EEB871XLHVNY4RZJ65 88632QAE3 110000.00000000 PA USD 110039.48000000 0.210322497120 Long DBT CORP US N 2 2029-03-31 Fixed 6.50000000 N N N N N N STARWOOD PROPERTY TRUST BUGSFQZERKRBFWIG5267 85571BBD6 95000.00000000 PA USD 95551.29000000 0.182630687784 Long DBT US N 2 2030-07-01 Fixed 6.50000000 N N N N N N Ascend Learning LLC 549300T466HKRLVCD610 04349HAM6 117549.67000000 PA USD 115162.24000000 0.220113816339 Long LON CORP US N 2 2029-12-10 Floating 10.17000000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650EG1 40000.00000000 PA USD 39730.66000000 0.075938668770 Long DBT CORP US N 2 2054-12-10 Fixed 6.75000000 N N N N N N N/A N/A 000000000 -2.00000000 NC USD -1898.44000000 -0.00362855805 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT Ultra Long-Term U.S. Treasury Bond Futures WNM5 Comdty 2025-06-18 -240164.06000000 USD -1898.44000000 N N N BLP Commercial Mortgage Trust N/A 05625BAG4 100000.00000000 PA USD 96034.09000000 0.183553481145 Long ABS-MBS CORP US N 2 2042-03-15 Floating 6.57000000 N N N N N N RYAN SPECIALTY 549300K52N7QBO3PYY45 78351GAA3 45000.00000000 PA USD 44447.04000000 0.084953258979 Long DBT CORP US N 2 2032-08-01 Fixed 5.88000000 N N N N N N COVENTRY BLDG SOCIETY 2138004G59FXEAZ6IO10 000000000 200000.00000000 PA 272432.82000000 0.520710848506 Long DBT CORP GB N 2 2029-06-11 Fixed 8.75000000 N N N N N N CHART INDUSTRIES INC EM7QGKC1GYOF3LSZSL80 16115QAF7 165000.00000000 PA USD 171185.60000000 0.327193320643 Long DBT CORP US N 2 2030-01-01 Fixed 7.50000000 N N N N N N CAPITAL ONE FINANCIAL CO ZUE8T73ROZOF6FLBAR73 14040HDC6 180000.00000000 PA USD 200505.64000000 0.383233789286 Long DBT CORP US N 2 2031-10-30 Fixed 7.62000000 N N N N N N SURGERY CENTER HOLDINGS 54930054EVI5HWPPW113 86881WAF9 130000.00000000 PA USD 129704.98000000 0.247909889092 Long DBT CORP US N 2 2032-04-15 Fixed 7.25000000 N N N N N N TEREX CORP YAWJZJYEQ7M1SYMOS462 880779BA0 195000.00000000 PA USD 186513.09000000 0.356489314875 Long DBT CORP US N 2 2029-05-15 Fixed 5.00000000 N N N N N N 2025-05-30 Neuberger Berman ETF Trust John McGovern John McGovern Treasuer