NPORT-P false 0001551949 XXXXXXXX Guggenheim Credit Allocation Fund 811-22715 0001551949 549300IU8SNGW5IIGZ97 227 West Monroe Street Chicago 60606 312-827-0100 Guggenheim Credit Allocation Fund 549300IU8SNGW5IIGZ97 2020-05-31 2020-05-31 N 193647712.95 48611985.11 145035727.84 0.00000000 0.00000000 15650963.48000000 0.00000000 0.00000000 0.00000000 28002207.58000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD EUR GBP N VAIL RESORTS INC 529900PSZHRNU9HKH870 91879QAL3 400000.00000000 PA USD 420000.00000000 0.289583819280 Long DBT CORP US N 2 2025-05-15 Fixed 6.25000000 N N N N N N NA RAIL HOLD CO LLC N/A N/A 1950000.00000000 PA USD 1842750.00000000 1.270549007092 Long LON CORP US N 3 2026-10-19 Variable 6.27000000 N N N N N N CVR ENERGY INC 529900SOYZIXZBTXB558 12662PAD0 900000.00000000 PA USD 799875.00000000 0.551502041540 Long DBT CORP US N 2 2028-02-15 Fixed 5.75000000 N N N N N N SUBURBAN PROPANE PARTNRS N/A 864486AK1 650000.00000000 PA USD 643500.00000000 0.443683780254 Long DBT CORP US N 2 2027-03-01 Fixed 5.87500000 N N N N N N GREAT LAKES DREDGE&DOCK 549300H65E3MZ1CX0P05 390607AE9 2700000.00000000 PA USD 2754000.00000000 1.898842472137 Long DBT CORP US N 2 2022-05-15 Fixed 8.00000000 N N N N N N CENGAGE LEARNING INC 549300BYGM0FWUSVXJ88 15137NAA1 3560000.00000000 PA USD 2403000.00000000 1.656833137453 Long DBT CORP US N 2 2024-06-15 Fixed 9.50000000 N N N N N N US FOODS INC 5493000JOOFAOUY1JZ87 90290MAC5 1125000.00000000 PA USD 1165781.25000000 0.803789016238 Long DBT CORP US N 2 2025-04-15 Fixed 6.25000000 N N N N N N CHECKERS HOLDINGS INC N/A N/A 486250.00000000 PA USD 243125.00000000 0.167631109672 Long LON CORP US N 2 2024-04-25 Variable 5.25000000 N N N N N N EIG INVESTORS CORP 549300AWVC7LBOKRMB96 26854XAB5 3041000.00000000 PA USD 2817912.24000000 1.942909021085 Long DBT CORP US N 2 2024-02-01 Fixed 10.87500000 N N N N N N INDIGO NATURAL RES LLC 549300F7DOI6H6TA3C86 45569LAA9 1815000.00000000 PA USD 1756012.50000000 1.210744777271 Long DBT CORP US N 2 2026-02-15 Fixed 6.87500000 N N N N N N NATHAN'S FAMOUS INC 54930034SKNSF1JIE673 632347AC4 1600000.00000000 PA USD 1576000.00000000 1.086628807584 Long DBT CORP US N 2 2025-11-01 Fixed 6.62500000 N N N N N N FLIGHT BIDCO INC N/A N/A 2415000.00000000 PA USD 2052750.00000000 1.415340916732 Long LON CORP US N 3 2026-07-23 Variable 7.67000000 N N N N N N UNITED NATURAL FOODS INC N/A N/A 24750.65000000 NS USD 0.02000000 0.000000013789 Long EC CORP US N 3 N N N Canadian Imperial Bank of Commerce, Toronto Branch 2IGI19DL77OX0HC3ZE78 N/A -690992.57000000 PA USD -690992.57000000 -0.47642920836 Short RA CORP CA N 2 Reverse repurchase N 1.49000000 2020-06-10 810000.00000000 USD 830250.00000000 USD CDS N N N LEGACY RESERVES INC 549300UK2ZYOI65LEZ32 N/A 2359.00000000 NS USD 2359.00000000 0.001626495784 Long EC CORP US N 3 N N N ALCOA NEDERLAND HOLDING 5493000UL1QLQLT1VQ42 013822AA9 350000.00000000 PA USD 355250.00000000 0.244939647141 Long DBT CORP NL N 2 2024-09-30 Fixed 6.75000000 N N N N N N CYPRESS HOLDINGS INC N/A N/A 292500.00000000 PA USD 278599.88000000 0.192090517384 Long LON CORP US N 3 2022-04-27 Variable 3.18000000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -819052.08000000 PA USD -819052.08000000 -0.56472435599 Short RA CORP US N 2 Reverse repurchase N 0.95000000 2020-06-05 862000.00000000 USD 981619.60000000 USD CDS N N N FAGE INTL / FAGE USA N/A 30257WAA4 3800000.00000000 PA USD 3591000.00000000 2.475941654846 Long DBT CORP LU N 2 2026-08-15 Fixed 5.62500000 N N N N N N KNEL HOLDINGS 549300BNWT9VE2M38175 N/A 307774.16200000 PA USD 257760.86000000 0.177722319761 Long LON CORP US N 2 2021-12-23 Variable 5.70000000 N N N N N N BARCLAYS CAPITAL INC. AC28XWWI3WIBK2824319 N/A -1286357.19000000 PA USD -1286357.19000000 -0.88692435247 Short RA CORP US N 2 Reverse repurchase N 1.00000000 N/A 1500000.00000000 USD 1549200.00000000 USD CDS N N N IVD INTERMEDIATE HOLDINGS B INC N/A N/A 1167000.00000000 PA USD 1094797.71000000 0.754846910002 Long LON CORP US N 2 2021-06-15 Variable 6.45000000 N N N N N N AMN HEALTHCARE INC 549300H27NUKBFFQEE84 00175PAB9 950000.00000000 PA USD 917111.00000000 0.632334538295 Long DBT CORP US N 2 2027-10-01 Fixed 4.62500000 N N N N N N SPRINGLEAF FINANCE CORP 5493008I795YYBFWFU90 85172FAQ2 200000.00000000 PA USD 191000.00000000 0.131691689244 Long DBT CORP US N 2 2028-01-15 Fixed 6.62500000 N N N N N N ARAMARK SERVICES INC 42YMHYH0XMHJEXDUB065 038522AR9 875000.00000000 PA USD 915941.25000000 0.631528012884 Long DBT CORP US N 2 2025-05-01 Fixed 6.37500000 N N N N N N BOXER PARENT CO INC 5493006T045HLTF7YX04 103186AB8 1150000.00000000 PA USD 1214687.50000000 0.837509155909 Long DBT CORP US N 2 2025-10-02 Fixed 7.12500000 N N N N N N LAMAR MEDIA CORP N/A 513075BS9 200000.00000000 PA USD 192500.00000000 0.132725917170 Long DBT CORP US N 2 2030-02-15 Fixed 4.00000000 N N N N N N ARMOR PARENT CORP 549300MC6XO5P96H8E79 N/A 3734948.27000000 PA USD 1497714.26000000 1.032651941907 Long LON CORP US N 2 2023-11-17 Variable 6.70000000 N N N N N N GRINDING MED/MOLY-COP N/A 398545AA1 2294000.00000000 PA USD 2282644.70000000 1.573849929252 Long DBT CORP US N 2 2023-12-15 Fixed 7.37500000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -1849024.98000000 PA USD -1849024.98000000 -1.27487551345 Short RA CORP US N 2 Reverse repurchase N 1.25000000 2020-06-08 2734000.00000000 USD 2437071.80000000 USD CDS N N N CENTENE CORP 549300Z7JJ4TQSQGT333 15135BAT8 500000.00000000 PA USD 538230.00000000 0.371101664407 Long DBT CORP US N 2 2029-12-15 Fixed 4.62500000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -829717.67000000 PA USD -829717.67000000 -0.57207812334 Short RA CORP US N 2 Reverse repurchase N 1.00000100 N/A 1050000.00000000 USD 1029000.00000000 USD CDS N N N BARCLAYS PLC 213800LBQA1Y9L22JB70 06738EBA2 3000000.00000000 PA USD 2955000.00000000 2.037429014221 Long DBT CORP GB N 2 N/A Variable 7.75000000 N N N N N N AUXEY BIDCO LIMITED N/A N/A 1172865.39270000 PA 1141656.76000000 0.787155535399 Long LON CORP GB N 3 2024-12-16 Variable 4.43000000 N N N N N N ALTICE FRANCE SA 5493001ZMCICV4N02J21 02156LAA9 1300000.00000000 PA USD 1430000.00000000 0.985963956120 Long DBT CORP FR N 2 2027-02-01 Fixed 8.12500000 N N N N N N UNITED STATES STEEL CORP JNLUVFYJT1OZSIQ24U47 912909AM0 600000.00000000 PA USD 402000.00000000 0.277173084168 Long DBT CORP US N 2 2025-08-15 Fixed 6.87500000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -437615.47000000 PA USD -437615.47000000 -0.30172942661 Short RA CORP US N 2 Reverse repurchase N 1.35000000 N/A 690000.00000000 USD 612375.00000000 USD CDS N N N COMPASS MINERALS INTERNA 2549008X9G8XP7YJGC47 20451NAG6 700000.00000000 PA USD 736029.00000000 0.507481164097 Long DBT CORP US N 2 2027-12-01 Fixed 6.75000000 N N N N N N ENTRANS INTERNATIONAL LLC / ENTRANS FINANCE CORP N/A N/A 1277500.00000000 PA USD 894250.00000000 0.616572215217 Long LON CORP US N 2 2024-11-01 Variable 6.17000000 N N N N N N STAR INTERMEDIATE III INC RI37BMPWE56BCJ747E14 N/A 1400000.00000000 PA USD 1360912.00000000 0.938328796819 Long LON CORP US N 2 2026-02-06 Variable 4.17000000 N N N N N N LBC TANK TERMINAL HLDING 213800O43KFINF83HN59 50177WAA9 3450000.00000000 PA USD 3373099.50000000 2.325702466719 Long DBT CORP NL N 2 2023-05-15 Fixed 6.87500000 N N N N N N RBC Capital Markets, LLC 549300LCO2FLSSVFFR64 N/A -2402083.78000000 PA USD -2402083.78000000 -1.65620141724 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 2800000.00000000 USD 3004120.00000000 USD CDS N N N Citigroup Global Markets Inc. MBNUM2BPBDO7JBLYG310 N/A -447243.37000000 PA USD -447243.37000000 -0.30836772198 Short RA CORP US N 2 Reverse repurchase N 0.70000000 N/A 540000.00000000 USD 552096.00000000 USD CDS N N N RBC Capital Markets, LLC 549300LCO2FLSSVFFR64 N/A -498011.06000000 PA USD -498011.06000000 -0.34337129713 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 630000.00000000 USD 627102.00000000 USD CDS N N N CLEAVER-BROOKS INC 549300TRZDD68CZBS255 185401AG1 2297000.00000000 PA USD 1924219.87000000 1.326721283546 Long DBT CORP US N 2 2023-03-01 Fixed 7.87500000 N N N N N N VECTOR PHOENIX HOLDINGS (CAYMAN) LP 549300DDK3ZCQPZWVP70 N/A -144865.00000000 PA USD -1532.60000000 -0.00105670514 Short LON CORP US N 3 2023-07-15 Variable 0.37500000 N N N N N N QUICKEN LOANS INC 549300FGXN1K3HLB1R50 74840LAB8 1125000.00000000 PA USD 1135338.75000000 0.782799360480 Long DBT CORP US N 2 2028-01-15 Fixed 5.25000000 N N N N N N HILLMAN GROUP INC BDPO7HREUXNPHVMSIT54 40423BAA8 300000.00000000 PA USD 270216.00000000 0.186309955501 Long DBT CORP US N 2 2022-07-15 Fixed 6.37500000 N N N N N N ATD New Holdings Inc 5493001F45YR8KICVO87 04683P100 24428.00000000 NS USD 357259.50000000 0.246325167819 Long EC CORP US N 2 N N N ADVANCED TECHNOLOGY INVESTMENT CO N/A N/A 992500.00000000 PA USD 927987.50000000 0.639833724986 Long LON CORP KY N 2 2026-06-05 Variable 6.25000000 N N N N N N COMSTOCK RESOURCES INC I03QQGEA4SS774AURI46 22304LAA8 970000.00000000 PA USD 856025.00000000 0.590216640236 Long DBT CORP US N 2 2025-05-15 Fixed 7.50000000 N N N N N N KRAFT HEINZ FOODS CO 5493003STKEZ2S0RNU91 50077LAW6 350000.00000000 PA USD 339763.77000000 0.234262119451 Long DBT CORP US N 2 2039-10-01 Fixed 4.62500000 N N N N N N Bank of America, N.A. B4TYDEB6GKMZO031MB27 N/A -1586000.00000000 NC -11101.67000000 -0.00765443809 N/A DFE US N 2 Bank of America, N.A. B4TYDEB6GKMZO031MB27 1586000.00000000 GBP 1947346.31000000 USD 2020-06-16 -11101.67000000 N N N CENGAGE LEARNING HOLDINGS II INC 549300BYGM0FWUSVXJ88 N/A 1518132.95400000 PA USD 1222856.09000000 0.843141278505 Long LON CORP US N 2 2023-06-07 Variable 5.25000000 N N N N N N PROJECT ALPHA INTERMEDIATE HOLDING INC N/A N/A 13812.07000000 NS USD 0.01000000 0.000000006894 Long EC CORP US N 3 N N N MONROE CAPITAL CLO LTD 549300P18F17MYF55L44 610333AY2 1000000.00000000 PA USD 863858.80000000 0.595617930054 Long ABS-O CORP KY N 2 2026-10-22 Floating 4.69800000 N N N N N N AMERICAN MIDSTREAM PTR/F N/A 02753GAA7 2340000.00000000 PA USD 2106000.00000000 1.452056008105 Long DBT CORP US N 2 2021-12-15 Fixed 9.50000000 N N N N N N CTI FOODS HOLDING CO LLC 549300I6BSNYS69CTS62 N/A 91470.93950000 PA USD 81409.14000000 0.056130404013 Long LON CORP US N 3 2024-05-03 Variable 4.77000000 N N Y N N N ADVENT-BOJANGLES ACQUISITION LP N/A N/A 248125.00000000 PA USD 231376.56000000 0.159530733182 Long LON CORP US N 2 2026-01-28 Variable 4.92000000 N N N N N N BEVERAGES & MORE INC 549300WVXB1BG5U3Z655 08782TAJ2 4695000.00000000 PA USD 3028275.00000000 2.087951048406 Long DBT CORP US Y 2 2022-06-15 Fixed 11.50000000 N N N N N N TEXGEN POWER LLC N/A N/A 46457.00000000 NS USD 1393710.00000000 0.960942535164 Long EC CORP US N 3 N N N JPMorgan Chase Bank, N.A. 7H6GLXDRUGQFU57RNE97 N/A -468000.00000000 NC -11237.70000000 -0.00774822877 N/A DFE US N 2 JPMorgan Chase Bank, N.A. 7H6GLXDRUGQFU57RNE97 468000.00000000 EUR 508276.08000000 USD 2020-06-16 -11237.70000000 N N N CREDIT SUISSE SECURITIES (USA) LLC 1V8Y6QCX6YMJ2OELII46 N/A -346875.38000000 PA USD -346875.38000000 -0.23916546989 Short RA CORP US N 2 Reverse repurchase N 1.24999900 N/A 450000.00000000 USD 424620.00000000 USD CDS N N N Goldman Sachs International W22LROWP2IHZNBB6K528 N/A -234000.00000000 NC -3076.70000000 -0.00212133937 N/A DFE US N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 234000.00000000 GBP 285874.64000000 USD 2020-06-16 -3076.70000000 N N N ARETEC GROUP INC N/A N/A 246875.00000000 PA USD 227125.00000000 0.156599345128 Long LON CORP US N 2 2025-10-01 Variable 4.42000000 N N N N N N VECTOR GROUP LTD 549300TUIF4WWN6NDN50 92240MBF4 3050000.00000000 PA USD 2981375.00000000 2.055614188587 Long DBT CORP US N 2 2025-02-01 Fixed 6.12500000 N N N N N N Citigroup Global Markets Inc. MBNUM2BPBDO7JBLYG310 N/A -499407.52000000 PA USD -499407.52000000 -0.34433413575 Short RA CORP US N 2 Reverse repurchase N 0.70000000 N/A 726000.00000000 USD 686070.00000000 USD CDS N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -1350288.19000000 PA USD -1350288.19000000 -0.93100383616 Short RA CORP US N 2 Reverse repurchase N 1.35000000 2020-06-04 2050000.00000000 USD 2152125.00000000 USD CDS N N N Dryden Senior Loan Fund 5493000CMI5L15ZSNM78 26244LAA2 600000.00000000 PA USD 277472.94000000 0.191313508838 Long ABS-O CORP KY N 2 2031-04-15 None 0.00000000 N N N N N N ATD CORP HZ8T88YVE2JVXJ0BTQ24 N/A 225417.39000000 PA USD 200621.48000000 0.138325558114 Long LON CORP US N 2 2023-09-01 Variable 7.20000000 N N N N N N JEFFERIES FIN LLC / JFIN N/A 47232MAD4 1555000.00000000 PA USD 1352850.00000000 0.932770166460 Long DBT CORP US N 2 2024-08-15 Fixed 7.25000000 N N N N N N CLARIOS GLOBAL LP 549300474L1ZLXZY2P98 18060TAA3 1100000.00000000 PA USD 1141481.00000000 0.787034351466 Long DBT CORP US N 2 2025-05-15 Fixed 6.75000000 N N N N N N GREEN ENERGY PARTNERS/STONEWALL LLC N/A N/A 321456.76380000 PA USD 263822.78000000 0.181901924394 Long LON CORP US N 2 2021-11-13 Variable 6.95000000 N N N N N N UNITED STATES STEEL CORP JNLUVFYJT1OZSIQ24U47 912909AR9 1400000.00000000 PA USD 1401750.00000000 0.966485996847 Long DBT CORP US N 2 2025-06-01 Fixed 12.00000000 N N N N N N KNEL HOLDINGS N/A N/A 126540.62810000 PA USD 105977.78000000 0.073070119741 Long LON CORP CA N 2 2021-12-23 Variable 5.70000000 N N N N N N GC EOS BUYER INC N/A N/A 1777443.61180000 PA USD 1422701.42000000 0.980931692616 Long LON CORP US N 2 2025-08-01 Variable 5.58000000 N N N N N N Citigroup Global Markets Inc. MBNUM2BPBDO7JBLYG310 N/A -731226.33000000 PA USD -731226.33000000 -0.50416979380 Short RA CORP US N 2 Reverse repurchase N 1.00000100 N/A 2455000.00000000 USD 1651478.50000000 USD CDS N N N NIELSEN FINANCE LLC/CO N/A 65409QBA9 225000.00000000 PA USD 225000.00000000 0.155134188900 Long DBT CORP US N 2 2020-10-01 Fixed 4.50000000 N N N N N N Canadian Imperial Bank of Commerce, Toronto Branch 2IGI19DL77OX0HC3ZE78 N/A -3848471.13000000 PA USD -3848471.13000000 -2.65346421003 Short RA CORP CA N 2 Reverse repurchase N 1.49000000 2020-06-10 4605000.00000000 USD 4334225.00000000 USD CDS N N N PANDA POWER FUNDS N/A N/A 1072558.47000000 PA USD 985413.09000000 0.679427824216 Long LON CORP US N 2 2020-08-21 Variable 7.95000000 N N N N N N ARCONIC CORP 549300B4YFWH3U74B152 03966VAB3 850000.00000000 PA USD 880642.50000000 0.607190044215 Long DBT CORP US N 2 2025-05-15 Fixed 6.00000000 N N N N N N US FOODS HOLDING CORP 5493000JOOFAOUY1JZ87 N/A 1000000.00000000 PA USD 930000.00000000 0.641221314120 Long LON CORP US N 2 2025-04-24 Variable 4.25000000 N N N N N N SandRidge Energy Inc W1MKPVGS6I5155L7VV67 80007P869 57766.00000000 NS USD 91270.28000000 0.062929514926 Long EC CORP US N 1 N N N CREDIT SUISSE SECURITIES (USA) LLC 1V8Y6QCX6YMJ2OELII46 N/A -1105157.27000000 PA USD -1105157.27000000 -0.76198967417 Short RA CORP US N 2 Reverse repurchase N 1.24999900 N/A 1500000.00000000 USD 1478100.00000000 USD CDS N N N CHG HEALTHCARE SERVICES INC N/A N/A 897692.76000000 PA USD 875815.99000000 0.603862236597 Long LON CORP US N 2 2023-06-07 Variable 4.07000000 N N N N N N SPRINGLEAF FINANCE CORP 5493008I795YYBFWFU90 85172FAN9 1100000.00000000 PA USD 1083500.00000000 0.747057305214 Long DBT CORP US N 2 2026-03-15 Fixed 7.12500000 N N N N N N URSA INSULATION BV N/A N/A 135131158.00000000 NS 7498.12000000 0.005169843397 Long EC CORP NL N 3 N N N AUXEY BIDCO LIMITED N/A N/A 1150000.00000000 PA 1083900.70000000 0.747333581967 Long LON CORP GB N 2 2025-06-16 Variable 5.73000000 N N N N N N LEVEL 3 FINANCING INC N/A 527298BN2 775000.00000000 PA USD 794220.00000000 0.547603002258 Long DBT CORP US N 2 2027-09-15 Fixed 4.62500000 N N N N N N VIPER ENERGY PARTNERS LP 5299009LINL232255G03 92763MAA3 200000.00000000 PA USD 198500.00000000 0.136862828874 Long DBT CORP US N 2 2027-11-01 Fixed 5.37500000 N N N N N N PROSIGHT GLOBAL INC N/A N/A 650000.00000000 PA USD 661715.58000000 0.456243154603 Long DBT CORP US N 3 2020-11-26 Fixed 7.50000000 N N N N N N NFP CORP VO2L9FZNXDJNQNEYH039 65342RAB6 1500000.00000000 PA USD 1432500.00000000 0.987687669330 Long DBT CORP US N 2 2025-07-15 Fixed 8.00000000 N N N N N N 24-7 INTOUCH INC N/A N/A 2413250.00000000 PA USD 2196057.50000000 1.514149329069 Long LON CORP CA N 3 2025-08-25 Variable 4.92000000 N N N N N N NIELSEN FINANCE LLC/CO N/A 65409QBB7 125000.00000000 PA USD 124806.25000000 0.086052072726 Long DBT CORP US N 2 2022-04-15 Fixed 5.00000000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -329189.86000000 PA USD -329189.86000000 -0.22697156411 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 430000.00000000 USD 444104.00000000 USD CDS N N N NCR CORP 549300YKTY8JX1DV2R67 62886EAX6 775000.00000000 PA USD 834093.75000000 0.575095366101 Long DBT CORP US N 2 2025-04-15 Fixed 8.12500000 N N N N N N BROOKFIELD RESID PROPERT N/A 11283YAD2 210000.00000000 PA USD 178437.00000000 0.123029685621 Long DBT CORP CA N 2 2030-02-15 Fixed 4.87500000 N N N N N N PPT HOLDINGS III LLC N/A N/A 1680722.89000000 PA USD 1462228.91000000 1.008185315285 Long LON CORP US N 3 2026-03-30 Variable 9.00000000 N N N N N N ASCEND PERFORMANCE MATERIALS HOLDINGS INC N/A N/A 298500.00000000 PA USD 283948.13000000 0.195778057054 Long LON CORP US N 2 2026-08-27 Variable 6.70000000 N N N N N N PELICAN PRODUCTS INC 5493008CRWH2WFODTF44 N/A 947500.00000000 PA USD 838537.50000000 0.578159266332 Long LON CORP US N 2 2025-05-01 Variable 4.50000000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -352494.34000000 PA USD -352494.34000000 -0.24303966012 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 465000.00000000 USD 476532.00000000 USD CDS N N N AMERICAN EXPRESS COMPANY N/A N/A 353761.06000000 PA USD 300696.90000000 0.207326087494 Long LON CORP NL N 2 2027-02-26 Variable 4.00000000 N N N N N N KRAFT HEINZ FOODS CO 5493003STKEZ2S0RNU91 50076QAE6 1725000.00000000 PA USD 1773500.63000000 1.222802585550 Long DBT CORP US N 2 2042-06-04 Fixed 5.00000000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -714563.20000000 PA USD -714563.20000000 -0.49268081088 Short RA CORP US N 2 Reverse repurchase N 1.60000000 N/A 941000.00000000 USD 949657.20000000 USD CDS N N N VECTOR PHOENIX HOLDINGS (CAYMAN) LP N/A N/A 65964.55130000 NS USD 5245.50000000 0.003616695057 Long EC CORP US N 3 N N N NIELSEN HOLDINGS PLC UJ76Y189LDMPCOCW7204 N/A 750000.00000000 PA USD 745935.00000000 0.514311205321 Long LON CORP US N 2 2025-06-04 Variable 4.75000000 N N N N N N Canadian Imperial Bank of Commerce, Toronto Branch 2IGI19DL77OX0HC3ZE78 N/A -2530860.35000000 PA USD -2530860.35000000 -1.74499096718 Short RA CORP CA N 2 Reverse repurchase N 1.42000000 2020-06-10 3050000.00000000 USD 2990025.00000000 USD CDS N N N CEDAR FAIR LP/CANADA'S W N/A 150191AJ3 325000.00000000 PA USD 308818.25000000 0.212925638805 Long DBT CORP US N 2 2024-06-01 Fixed 5.37500000 N N N N N N CATALOG INTERMEDIATE INC 4Q9DLX2VIFGJMOYJ4Y35 N/A 1695750.00000000 PA USD 1634279.06000000 1.126811361820 Long LON CORP US N 2 2026-12-04 Variable 6.00000000 N N N N N N SIWF HOLDINGS INC N/A N/A 2900000.00000000 PA USD 2387657.00000000 1.646254364741 Long LON CORP US N 2 2026-06-15 Variable 9.57000000 N N N N N N YAK HOLDING III LLC N/A N/A 2425000.00000000 PA USD 1576250.00000000 1.086801178905 Long LON CORP US N 2 2026-07-10 Variable 11.20000000 N N N N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 443201AA6 1500000.00000000 PA USD 1593785.36000000 1.098891551575 Long DBT CORP US N 2 2025-05-01 Fixed 6.87500000 N N N N N N Dreyfus Treasury Securities Ca 549300U78VESCW509025 N/A 319408.54000000 NS USD 319408.54000000 0.220227487914 Long STIV RF US N 1 N N N YUM! BRANDS INC 549300JE8XHZZ7OHN517 988498AM3 250000.00000000 PA USD 276250.00000000 0.190470309705 Long DBT CORP US N 2 2025-04-01 Fixed 7.75000000 N N N N N N JELD-WEN INC 549300XWE6NM0N1HFW16 475795AE0 800000.00000000 PA USD 824000.00000000 0.568135874016 Long DBT CORP US N 2 2025-05-15 Fixed 6.25000000 N N N N N N DRIVE CHASSIS HOLDCO LLC N/A N/A 500000.00000000 PA USD 427500.00000000 0.294754958910 Long LON CORP US N 3 2026-04-10 Variable 9.56000000 N N N N N N AMWINS GROUP INC 549300SJE7MUB8NMRG61 031921AA7 3250000.00000000 PA USD 3486925.00000000 2.404183473913 Long DBT CORP US N 2 2026-07-01 Fixed 7.75000000 N N N N N N DIVERSITECH HOLDINGS INC N/A N/A 1000000.00000000 PA USD 900000.00000000 0.620536755600 Long LON CORP US N 2 2025-06-02 Variable 8.95000000 N N N N N N SABRE GLBL INC F2TJC7HPPHLHU1AQMP98 78573NAC6 650000.00000000 PA USD 697937.50000000 0.481217635402 Long DBT CORP US N 2 2025-04-15 Fixed 9.25000000 N N N N N N JEFFERIES FIN LLC / JFIN N/A 47232MAE2 2000000.00000000 PA USD 1812500.00000000 1.249692077251 Long DBT CORP US N 2 2026-06-03 Fixed 6.25000000 N N N N N N CYPRESS HOLDINGS INC N/A N/A 28047.94520000 PA USD 26715.06000000 0.018419640731 Long LON CORP US N 3 2022-04-27 Variable 3.18000000 N N N N N N BARCLAYS CAPITAL INC. AC28XWWI3WIBK2824319 N/A -1160346.69000000 PA USD -1160346.69000000 -0.80004196709 Short RA CORP US N 2 Reverse repurchase N 1.00000000 N/A 1400000.00000000 USD 1401680.00000000 USD CDS N N N MAUSER PACKAGING SOLUT 549300DNGHXL0OMHW304 57763RAA5 750000.00000000 PA USD 757500.00000000 0.522285102630 Long DBT CORP US N 2 2024-04-15 Fixed 8.50000000 N N N N N N PT INTERMEDIATE HOLDINGS III LLC N/A N/A 374062.50000000 PA USD 314212.50000000 0.216644894799 Long LON CORP US N 3 2025-10-15 Variable 6.95000000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCJ0 2200000.00000000 PA USD 2272182.00000000 1.566636051571 Long DBT CORP US N 2 2032-05-01 Fixed 4.50000000 N N N N N N CREDIT SUISSE SECURITIES (USA) LLC 1V8Y6QCX6YMJ2OELII46 N/A -547567.56000000 PA USD -547567.56000000 -0.37753977461 Short RA CORP US N 2 Reverse repurchase N 1.24999900 N/A 660000.00000000 USD 664422.00000000 USD CDS N N N MIDAS INTERMEDIATE HOLDCO II LLC 549300O5UULN1EULDF23 N/A 497429.30290000 PA USD 441388.92000000 0.304331164860 Long LON CORP US N 2 2021-08-18 Variable 4.02000000 N N N N N N UNITED NATURAL FOODS INC N/A N/A 400497.70000000 PA USD 360447.93000000 0.248523543383 Long LON CORP US N 3 2024-04-01 Variable 1.00000000 N N N N N N CYPRESS HOLDINGS INC N/A N/A -129452.05480000 PA USD -6151.79000000 -0.00424156867 Short LON CORP US N 3 2022-04-27 Variable 0.37500000 N N N N N N DELTA AIR LINES INC Q2CCMS6R0AS67HJMBN42 247361ZX9 1400000.00000000 PA USD 1446681.01000000 0.997465267038 Long DBT CORP US N 2 2025-05-01 Fixed 7.00000000 N N N N N N MIRABELA NICKEL LTD N/A N/A 1279819.00000000 PA USD 63990.95000000 0.044120818334 Long DBT CORP AU Y 2 2019-06-24 Variable 9.50000000 Y N N N N N PAR PHARMACEUTICAL INC 549300KK5WR4MGN4YT97 69888XAA7 1250000.00000000 PA USD 1273362.50000000 0.877964704948 Long DBT CORP US N 2 2027-04-01 Fixed 7.50000000 N N N N N N Citigroup Global Markets Inc. MBNUM2BPBDO7JBLYG310 N/A -160718.25000000 PA USD -160718.25000000 -0.11081286824 Short RA CORP US N 2 Reverse repurchase N -1.50000000 N/A 360000.00000000 USD 241200.00000000 USD CDS N N N LCPR SR SECURED FIN DAC 549300LE5FM8IKMXSP90 50201DAA1 200000.00000000 PA USD 208074.00000000 0.143463960983 Long DBT CORP US N 2 2027-10-15 Fixed 6.75000000 N N N N N N OPEN TEXT HOLDINGS INC N/A 683720AA4 350000.00000000 PA USD 345625.00000000 0.238303351282 Long DBT CORP US N 2 2030-02-15 Fixed 4.12500000 N N N N N N TENEO HOLDINGS LLC N/A N/A 3980000.00000000 PA USD 3621800.00000000 2.497177801593 Long LON CORP US N 2 2025-07-11 Variable 6.25000000 N N N N N N OPEN TEXT CORP 549300HP7ONDQODZJV16 683715AC0 300000.00000000 PA USD 296250.00000000 0.204260015385 Long DBT CORP CA N 2 2028-02-15 Fixed 3.87500000 N N N N N N EXTERRAN NRG SOLUTIONS/F N/A 30227KAE9 1350000.00000000 PA USD 1039500.00000000 0.716719952718 Long DBT CORP US N 2 2025-05-01 Fixed 8.12500000 N N N N N N LAMAR MEDIA CORP N/A 513075BQ3 400000.00000000 PA USD 388000.00000000 0.267520290192 Long DBT CORP US N 2 2028-02-15 Fixed 3.75000000 N N N N N N CITADEL SECURITIES LP N/A N/A 99750.00000000 PA USD 97547.52000000 0.067257579530 Long LON CORP US N 2 2026-02-27 Variable 2.92000000 N N N N N N ATD CORP HZ8T88YVE2JVXJ0BTQ24 N/A 148407.95860000 PA USD 90034.66000000 0.062077573119 Long LON CORP US N 2 2024-09-02 Variable 8.55000000 N N N N N N KEHE DISTRIBUTORS LLC/FI N/A 487526AB1 4000000.00000000 PA USD 4220000.00000000 2.909627898482 Long DBT CORP US N 2 2026-10-15 Fixed 8.62500000 N N N N N N BARCLAYS CAPITAL INC. AC28XWWI3WIBK2824319 N/A -442151.17000000 PA USD -442151.17000000 -0.30485672501 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 500000.00000000 USD 538250.00000000 USD CDS N N N BRUIN E&P PARTNERS LLC 549300NZ4QCWC7W8KP34 11680JAA0 930000.00000000 PA USD 9300.00000000 0.006412213141 Long DBT CORP US Y 2 2023-08-01 Fixed 8.87500000 N N N N N N AUXEY BIDCO LIMITED N/A N/A -77134.60730000 PA -20159.88000000 -0.01389994058 Short LON CORP GB N 3 2024-12-16 Variable 1.31250000 N N N N N N HUNT COS INC 549300ODPWDNCH5TKM49 445587AC2 3725000.00000000 PA USD 3278000.00000000 2.260132760954 Long DBT CORP US N 2 2026-02-15 Fixed 6.25000000 N N N N N N ENDO DAC/FIN LLC/FINCO N/A 29273EAC2 545000.00000000 PA USD 419650.00000000 0.289342499430 Long DBT CORP IE N 2 2023-07-15 Fixed 6.00000000 N N N N N N LPL HOLDINGS INC 549300Z5YF8CCRMYUL26 50212YAC8 400000.00000000 PA USD 391500.00000000 0.269933488686 Long DBT CORP US N 2 2027-11-15 Fixed 4.62500000 N N N N N N WOLVERINE WORLD WIDE 549300OVC7PK14LQ8D87 978097AF0 1000000.00000000 PA USD 1042500.00000000 0.718788408570 Long DBT CORP US N 2 2025-05-15 Fixed 6.37500000 N N N N N N PROAMPAC PG BORROWER LLC N/A N/A 250000.00000000 PA USD 202500.00000000 0.139620770010 Long LON CORP US N 2 2024-11-18 Variable 9.50000000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -488210.62000000 PA USD -488210.62000000 -0.33661403798 Short RA CORP US N 2 Reverse repurchase N 0.74999900 N/A 600000.00000000 USD 546000.00000000 USD CDS N N N ENERSYS 7ZS3DE5PN30BYUJFWP05 29275YAC6 325000.00000000 PA USD 318500.00000000 0.219601062954 Long DBT CORP US N 2 2027-12-15 Fixed 4.37500000 N N N N N N Treman Park CLO Ltd 549300E4DX3Q8L455K94 89473MAD4 500000.00000000 PA USD 359583.70000000 0.247927669516 Long ABS-O CORP KY N 2 2028-10-20 None 0.00000000 N N N N N N SIGNATURE AVIATION US 213800CSNQ87U1MC8N11 05545MAC6 1150000.00000000 PA USD 1020625.00000000 0.703705917983 Long DBT CORP US N 2 2028-03-01 Fixed 4.00000000 N N N N N N SP PF PARENT CORP N/A N/A 1174646.79000000 PA USD 878471.35000000 0.605693068241 Long LON CORP US N 2 2025-12-22 Variable 4.67000000 N N N N N N SEAPORT FINANCING LLC N/A N/A 2540983.47000000 PA USD 2159835.95000000 1.489175103380 Long LON CORP US N 3 2025-10-31 Variable 5.68000000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -349913.90000000 PA USD -349913.90000000 -0.24126048471 Short RA CORP US N 2 Reverse repurchase N 1.35000000 N/A 600000.00000000 USD 591000.00000000 USD CDS N N N CHEF HOLDINGS INC N/A N/A 3007.00000000 NS USD 251671.91000000 0.173524078341 Long EC CORP US N 3 N N N BOYD GAMING CORP 254900787YGRYS2A1Z35 103304BS9 1500000.00000000 PA USD 1602390.00000000 1.104824324229 Long DBT CORP US N 2 2025-06-01 Fixed 8.62500000 N N N N N N NCR CORP 549300YKTY8JX1DV2R67 62886EAS7 900000.00000000 PA USD 920151.00000000 0.634430573558 Long DBT CORP US N 2 2023-12-15 Fixed 6.37500000 N N N N N N BIDFAIR LTD N/A N/A 241776.58120000 PA USD 217195.16000000 0.149752866576 Long LON CORP US N 2 2027-01-15 Variable 6.50000000 N N N N N N CTI FOODS HOLDING CO LLC 549300I6BSNYS69CTS62 N/A 628272.98760000 PA USD 578011.15000000 0.398530181913 Long LON CORP US N 3 2024-05-03 Variable 5.77000000 N N Y N N N ENERGY CAPITAL PARTNERS LLC N/A N/A 1137135.86630000 PA USD 200135.91000000 0.137990764745 Long LON CORP US N 2 2022-05-13 Variable 7.00000000 N N N N N N NETFLIX INC N/A N/A 450000.00000000 PA 517991.90000000 0.357147792281 Long DBT CORP US N 2 2030-06-15 Fixed 3.62500000 N N N N N N GAVILAN RESOURCES LLC N/A N/A 3280000.00000000 PA USD 278800.00000000 0.192228497179 Long LON CORP US N 2 2024-03-01 Variable 7.60338000 N N N N N N FT 1 INC 5493002GPK5LQJ7QPJ51 N/A 32060.00000000 NS USD 56995.05000000 0.039297248235 Long EC CORP US N 3 N N N NTS HOLDING CORP INC N/A N/A 713364.81330000 PA USD 684830.22000000 0.472180358728 Long LON CORP US N 3 2021-06-12 Variable 7.43000000 N N N N N N FDF Limited 254900IDIMSANLWYGN89 30256WAC1 500000.00000000 PA USD 434629.90000000 0.299670920036 Long ABS-O CORP KY N 2 2030-11-12 Fixed 6.87500000 N N N N N N TENET HEALTHCARE CORP 0W9AIBT6U6ADJ2I8HK17 88033GDE7 650000.00000000 PA USD 708500.00000000 0.488500323714 Long DBT CORP US N 2 2025-04-01 Fixed 7.50000000 N N N N N N Project Silverback Holdings B Escrow N/A BGH5695C8 1922.37000000 NS USD 0.00000000 0.000000 Long EC CORP US N 3 N N N LEVEL 3 FINANCING INC N/A 527298BQ5 350000.00000000 PA USD 358207.50000000 0.246978799868 Long DBT CORP US N 2 2029-11-15 Fixed 3.87500000 N N N N N N CREDIT SUISSE SECURITIES (USA) LLC 1V8Y6QCX6YMJ2OELII46 N/A -728707.58000000 PA USD -728707.58000000 -0.50243315274 Short RA CORP US N 2 Reverse repurchase N 1.00000000 N/A 843000.00000000 USD 871071.90000000 USD CDS N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -150054.17000000 PA USD -150054.17000000 -0.10346014201 Short RA CORP US N 2 Reverse repurchase N 1.00000000 N/A 214000.00000000 USD 219799.40000000 USD CDS N N N AVANOS MEDICAL INC 549300YCXWOM7NEWMQ58 40650VAB6 764000.00000000 PA USD 760180.00000000 0.524132923191 Long DBT CORP US N 2 2022-10-15 Fixed 6.25000000 N N N N N N ALTICE FRANCE SA 5493001ZMCICV4N02J21 67054KAA7 1000000.00000000 PA USD 1052500.00000000 0.725683261410 Long DBT CORP FR N 2 2026-05-01 Fixed 7.37500000 N N N N N N NES GLOBAL TALENT HOLDINGS LTD N/A N/A 4529497.76490000 PA USD 3623598.21000000 2.498417640926 Long LON CORP US N 3 2023-05-11 Variable 6.50000000 N N N N N N RBC Capital Markets, LLC 549300LCO2FLSSVFFR64 N/A -2814697.92000000 PA USD -2814697.92000000 -1.94069279474 Short RA CORP US N 2 Reverse repurchase N 1.57000000 2020-06-12 3761000.00000000 USD 3261805.60000000 USD CDS N N N NCR CORP 549300YKTY8JX1DV2R67 62886EAV0 1050000.00000000 PA USD 1045138.50000000 0.720607615492 Long DBT CORP US N 2 2029-09-01 Fixed 6.12500000 N N N N N N BLUE RIBBON LLC (USA) N/A N/A 850000.00000000 PA USD 699125.00000000 0.482036399176 Long LON CORP US N 2 2021-11-15 Variable 5.04000000 N N N N N N JAMAICA MERCHANT VOUCHER RECEIVABLES LTD N/A N/A 243099.49530000 PA USD 233133.73000000 0.160742276039 Long ABS-O CORP KY N 3 2022-07-08 Fixed 5.87500000 N N N N N N PANDA POWER FUNDS N/A N/A 412017.36000000 PA USD 378540.95000000 0.260998414416 Long LON CORP US N 2 2020-08-21 Variable 7.95000000 N N N N N N HAWK HOLDING COMPANY LLC 549300C5O4FSVNUEI843 N/A 299234.69000000 PA USD 280906.57000000 0.193680946194 Long LON CORP US N 2 2024-07-31 Variable 2.92000000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -489672.38000000 PA USD -489672.38000000 -0.33762189999 Short RA CORP US N 2 Reverse repurchase N 1.50000000 N/A 650000.00000000 USD 708500.00000000 USD CDS N N N BC CYAN PARENT INC N/A N/A 409687.50000000 PA USD 236934.57000000 0.163362899286 Long LON CORP US N 2 2023-02-17 Variable 7.50000000 N N N N N N SYSCO CORPORATION 5RGWIFLMGH3YS7KWI652 871829BL0 550000.00000000 PA USD 659202.74000000 0.454510588402 Long DBT CORP US N 2 2030-04-01 Fixed 5.95000000 N N N N N N SCRIBEAMERICA INTERMEDIATE HOLDCO LLC N/A N/A 637492.46000000 PA USD 535493.67000000 0.369215005140 Long LON CORP US N 2 2025-04-03 Variable 4.67000000 N N N N N N GOLD PARENT LP VPQEY6SB0BUIVT13IV95 N/A -366666.66670000 PA USD -15349.52000000 -0.01058326815 Short LON CORP US N 3 2023-01-27 Variable 0.50313000 N N N N N N HUB INTERNATIONAL LTD 549300JQT6ATTUNS5E06 44332PAD3 550000.00000000 PA USD 564888.50000000 0.389482307851 Long DBT CORP US N 2 2026-05-01 Fixed 7.00000000 N N N N N N SIX FLAGS THEME PARKS 5493003MX0ZXTM8EVY68 83001WAC8 350000.00000000 PA USD 371875.00000000 0.256402339987 Long DBT CORP US N 2 2025-07-01 Fixed 7.00000000 N N N N N N SPRINGLEAF FINANCE CORP 5493008I795YYBFWFU90 85172FAS8 350000.00000000 PA USD 364000.00000000 0.250972643376 Long DBT CORP US N 2 2025-06-01 Fixed 8.87500000 N N N N N N RESOURCE LABEL GROUP LLC N/A N/A 850000.00000000 PA USD 748000.00000000 0.515734992432 Long LON CORP US N 3 2023-11-26 Variable 9.95000000 N N N N N N HCA INC L3CJ6J7LJ2DX62FTXD46 404119CA5 2000000.00000000 PA USD 1970815.30000000 1.358848146833 Long DBT CORP US N 2 2030-09-01 Fixed 3.50000000 N N N N N N VECTOR PHOENIX HOLDINGS (CAYMAN) LP 549300DDK3ZCQPZWVP70 N/A 1212604.52480000 PA USD 1091344.07000000 0.752465676046 Long LON CORP US N 3 2024-01-15 Variable 6.00000000 N N N N N N UNITED NATURAL FOODS INC N/A N/A 473204.37000000 PA USD 421530.45000000 0.290639042033 Long LON CORP US N 3 2024-10-01 Variable 12.18000000 N N N N N N PTC INC 54930050SSMU8SKDJ030 69370CAC4 400000.00000000 PA USD 400000.00000000 0.275794113600 Long DBT CORP US N 2 2028-02-15 Fixed 4.00000000 N N N N N N PLAYTIKA HOLDING CORP N/A N/A 814687.50000000 PA USD 813815.78000000 0.561114004197 Long LON CORP US N 2 2024-12-09 Variable 7.07000000 N N N N N N AUXEY BIDCO LIMITED N/A N/A 1300000.00000000 PA USD 1014000.00000000 0.699138077976 Long LON CORP GB N 3 2025-06-16 Variable 6.06000000 N N N N N N PROJECT ALPHA INTERMEDIATE HOLDING INC N/A N/A 55.84000000 NS USD 68267.14000000 0.047069188410 Long EC CORP US N 3 N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -240316.67000000 PA USD -240316.67000000 -0.16569480746 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 325000.00000000 USD 318500.00000000 USD CDS N N N LIVE NATION ENTERTAINMEN 5493007B9BM9ZXJINO78 538034AV1 800000.00000000 PA USD 849500.00000000 0.585717748758 Long DBT CORP US N 2 2027-05-15 Fixed 6.50000000 N N N N N N PPP INTERMEDIATE HOLDINGS LLC N/A N/A 1995000.00000000 PA USD 99750.00000000 0.068776157079 Long LON CORP US N 3 2024-05-20 Variable 10.68524000 Y N N N N N BASIC ENERGY SERVICES 5493006BE5UNWTVG4F46 06985PAN0 575000.00000000 PA USD 235836.25000000 0.162605623808 Long DBT CORP US Y 2 2023-10-15 Fixed 10.75000000 N N N N N N GOLD INTERMEDIATE HOLDINGS LLC N/A N/A 3000000.00000000 PA USD 2850000.00000000 1.965033059401 Long LON CORP US N 3 2025-02-28 Variable 10.67000000 N N N N N N SUMMIT MID HLDS LLC / FI N/A 86614WAD8 50000.00000000 PA USD 21625.00000000 0.014910119266 Long DBT CORP US N 2 2025-04-15 Fixed 5.75000000 N N N N N N HOUGHTON MIFFLIN HARCOURT CO N/A N/A 296250.00000000 PA USD 274031.25000000 0.188940514231 Long LON CORP US N 2 2024-11-22 Variable 7.25000000 N N N N N N BP HOLDCO LLC N/A N/A 65965.00000000 NS USD 19236.71000000 0.013263428457 Long EC CORP US N 3 N N N JB POINDEXTER & CO INC 549300W6P81HOZZGPQ16 730481AJ7 1175000.00000000 PA USD 1169571.50000000 0.806402337836 Long DBT CORP US N 2 2026-04-15 Fixed 7.12500000 N N N N N N UNIT CORP 549300XGK22FZCTN8B67 909218AB5 2828000.00000000 PA USD 282800.00000000 0.194986438315 Long DBT CORP US N 2 2021-05-15 Fixed 6.62500000 Y N N N N N AVISON YOUNG CANADA INC N/A N/A 296250.00000000 PA USD 264681.60000000 0.182494068145 Long LON CORP CA N 2 2026-01-31 Variable 5.85000000 N N N N N N TENET HEALTHCARE CORP 0W9AIBT6U6ADJ2I8HK17 88033GCX6 250000.00000000 PA USD 257500.00000000 0.177542460630 Long DBT CORP US N 2 2027-02-01 Fixed 6.25000000 N N N N N N TRANSDIGM INC 88Q84GB3X55CF5OC7582 893647BK2 400000.00000000 PA USD 432000.00000000 0.297857642688 Long DBT CORP US N 2 2025-12-15 Fixed 8.00000000 N N N N N N HOUGHTON MIFFLIN HARCOUR 549300DDRF1LRKBXUN11 44157TAA3 800000.00000000 PA USD 712000.00000000 0.490913522208 Long DBT CORP US N 2 2025-02-15 Fixed 9.00000000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -227299.51000000 PA USD -227299.51000000 -0.15671966720 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 325000.00000000 USD 308815.00000000 USD CDS N N N BRS INTERMEDIATE HOLDINGS LLC N/A N/A 538219.70000000 PA USD 489779.93000000 0.337696054133 Long LON CORP US N 2 2023-08-23 Variable 6.45000000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -550248.26000000 PA USD -550248.26000000 -0.37938807781 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 780000.00000000 USD 858000.00000000 USD CDS N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -279100.75000000 PA USD -279100.75000000 -0.19243585987 Short RA CORP US N 2 Reverse repurchase N 1.00000000 N/A 400000.00000000 USD 391520.00000000 USD CDS N N N CUSHMAN & WAKEFIELD US N/A 23166MAA1 850000.00000000 PA USD 888420.00000000 0.612552516011 Long DBT CORP US N 2 2028-05-15 Fixed 6.75000000 N N N N N N JZ CAPITAL PARTNERS LTD 549300TZCK08Q16HHU44 N/A 100000.00000000 PA USD 96006.61000000 0.066195144761 Long LON CORP GG N 3 2021-06-14 Variable 6.75000000 N N N N N N MCGRAW-HILL EDUCATION INC N/A N/A 278577.60040000 PA USD 236790.96000000 0.163263882304 Long LON CORP US N 2 2022-05-04 Variable 5.45000000 N N N N N N BMO Capital Markets Corp., New York Branch RUC0QBLBRPRCU4W1NE59 N/A -1747576.25000000 PA USD -1747576.25000000 -1.20492810704 Short RA CORP US N 2 Reverse repurchase N 1.25000000 2020-06-05 2400000.00000000 USD 2364000.00000000 USD CDS N N N VECTOR PHOENIX HOLDINGS (CAYMAN) LP 549300DDK3ZCQPZWVP70 N/A 108648.75000000 PA USD 107499.30000000 0.074119185390 Long LON CORP US N 3 2023-07-17 Variable 6.23000000 N N N N N N WHATABRANDS LLC N/A N/A 698250.00000000 PA USD 669447.19000000 0.461573985920 Long LON CORP US N 2 2026-07-31 Variable 3.01000000 N N N N N N PRINCESS JULIANA INTL N/A 741771AA7 308556.35800000 PA USD 254623.92000000 0.175559445794 Long DBT CORP SX Y 3 2027-12-20 Fixed 5.50000000 N N N N N N NEW ENTERPRISE STONE & L 549300O5DQ5Y61B8VF38 644274AF9 1125000.00000000 PA USD 1091250.00000000 0.752400816165 Long DBT CORP US N 2 2026-03-15 Fixed 6.25000000 N N N N N N CARRIAGE SERVICES INC N/A 143905AN7 1160000.00000000 PA USD 1212200.00000000 0.835794061265 Long DBT CORP US N 2 2026-06-01 Fixed 6.62500000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -373015.54000000 PA USD -373015.54000000 -0.25718872553 Short RA CORP US N 2 Reverse repurchase N 0.50000000 N/A 500000.00000000 USD 492700.00000000 USD CDS N N N ENDO INTERNATIONAL PLC N/A N/A 1392838.88000000 PA USD 1299783.31000000 0.896181464634 Long LON CORP LU N 2 2024-04-29 Variable 5.00000000 N N N N N N AMERICAN EXPRESS COMPANY N/A N/A -296238.94000000 PA USD -44435.84000000 -0.03063785776 Short LON CORP NL N 3 2027-02-26 Variable 0.50000000 N N N N N N ZIGGO BV 213800TQASLF9JXH5J59 98955DAA8 300000.00000000 PA USD 309000.00000000 0.213050952756 Long DBT CORP NL N 2 2030-01-15 Fixed 4.87500000 N N N N N N Citigroup Global Markets Inc. MBNUM2BPBDO7JBLYG310 N/A -103857.00000000 PA USD -103857.00000000 -0.07160787314 Short RA CORP US N 2 Reverse repurchase N -1.50000000 N/A 240000.00000000 USD 160800.00000000 USD CDS N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A -980442.36000000 PA USD -980442.36000000 -0.67600057903 Short RA CORP US N 2 Reverse repurchase N 1.25000000 N/A 1519000.00000000 USD 1511405.00000000 USD CDS N N N KRAFT HEINZ FOODS CO 5493003STKEZ2S0RNU91 50077LAB2 750000.00000000 PA USD 707684.90000000 0.487938324259 Long DBT CORP US N 2 2046-06-01 Fixed 4.37500000 N N N N N N TITAN INTERNATIONAL INC 54930043H7SFLNS88586 88830MAK8 1475000.00000000 PA USD 800187.50000000 0.551717505691 Long DBT CORP US N 2 2023-11-30 Fixed 6.50000000 N N N N N N MIDAS INT HOLDCO II/FIN N/A 59563KAA8 3251000.00000000 PA USD 2405740.00000000 1.658722327131 Long DBT CORP US N 2 2022-10-01 Fixed 7.87500000 N N N N N N NEON HOLDINGS INC N/A 64051NAA1 1951000.00000000 PA USD 1877837.50000000 1.294741321994 Long DBT CORP US N 2 2026-04-01 Fixed 10.12500000 N N N N N N MCGRAW-HILL GLOBAL ED N/A 580638AC8 4093000.00000000 PA USD 2753402.03000000 1.898430180622 Long DBT CORP US N 2 2024-05-15 Fixed 7.87500000 N N N N N N BIG RIVER STEEL/BRS FIN N/A 08949LAA8 600000.00000000 PA USD 546000.00000000 0.376458965064 Long DBT CORP US N 2 2025-09-01 Fixed 7.25000000 N N N N N N CREDIT SUISSE SECURITIES (USA) LLC 1V8Y6QCX6YMJ2OELII46 N/A -263660.32000000 PA USD -263660.32000000 -0.18178991061 Short RA CORP US N 2 Reverse repurchase N 1.24999900 N/A 350000.00000000 USD 355250.00000000 USD CDS N N N NFP CORP VO2L9FZNXDJNQNEYH039 65342RAA8 1440000.00000000 PA USD 1386000.00000000 0.955626603624 Long DBT CORP US N 2 2025-07-15 Fixed 6.87500000 N N N N N N SOTHEBY'S 549300P5BAAMQQ7VL735 835898AH0 725000.00000000 PA USD 659750.00000000 0.454887916119 Long DBT CORP US N 2 2027-10-15 Fixed 7.37500000 N N N N N N WILLIAMS SCOTSMAN INTL 549300V3TCHCBOBTGH07 96950GAB8 1630000.00000000 PA USD 1650375.00000000 1.137909275582 Long DBT CORP US N 2 2023-08-15 Fixed 6.87500000 N N N N N N WILLIAMS SCOTSMAN INTL 549300V3TCHCBOBTGH07 96950GAA0 476000.00000000 PA USD 487900.00000000 0.336399870063 Long DBT CORP US N 2 2022-12-15 Fixed 7.87500000 N N N N N N Citigroup Global Markets Inc. MBNUM2BPBDO7JBLYG310 N/A -1486982.41000000 PA USD -1486982.41000000 -1.02525248926 Short RA CORP US N 2 Reverse repurchase N 0.70000000 N/A 2000000.00000000 USD 1890000.00000000 USD CDS N N N HANESBRANDS INC GX5LWVWZLL5S4W1L2F20 410345AN2 950000.00000000 PA USD 973750.00000000 0.671386295295 Long DBT CORP US N 2 2025-05-15 Fixed 5.37500000 N N N N N N AMERICAN EQUITY INVESTME 549300RK5RZQ740FPL83 025676503 46000.00000000 NS USD 1035460.00000000 0.713934432171 Long EP CORP US N 2 N N N Turbine Engine Securitization 635400OU6URHWIXP2J82 89989FAB0 202395.71120000 PA USD 110785.28000000 0.076384820243 Long ABS-O CORP BM Y 2 2048-12-13 Fixed 6.37500000 N N N N N N PANTHER BF AGGREGATOR 2 N/A 69867DAC2 1050000.00000000 PA USD 1029000.00000000 0.709480357236 Long DBT CORP US N 2 2027-05-15 Fixed 8.50000000 N N N N N N AMSTED INDUSTRIES N2VLGYMEEBIU3PFSUY86 032177AJ6 700000.00000000 PA USD 658000.00000000 0.453681316872 Long DBT CORP US N 2 2030-05-15 Fixed 4.62500000 N N N N N N GOLD PARENT LP VPQEY6SB0BUIVT13IV95 N/A 133333.33330000 PA USD 127751.69000000 0.088082910261 Long LON CORP US N 3 2023-01-27 Variable 3.42000000 N N N N N N WABASH NATIONAL CORP 5299004ZAWHQZI5XO485 929566AJ6 1025000.00000000 PA USD 873812.50000000 0.602480859725 Long DBT CORP US N 2 2025-10-01 Fixed 5.50000000 N N N N N N POWERTEAM SERVICES LLC 549300J2G34D0WX8Z443 73939VAA2 1025000.00000000 PA USD 1036715.75000000 0.714800253316 Long DBT CORP US N 2 2025-12-04 Fixed 9.03300000 N N N N N N GLOBAL PART/GLP FINANCE N/A 37954FAG9 775000.00000000 PA USD 674017.50000000 0.464725147408 Long DBT CORP US N 2 2027-08-01 Fixed 7.00000000 N N N N N N SHO HOLDING I CORP N/A N/A 688197.18110000 PA USD 536793.80000000 0.370111425642 Long LON CORP US N 2 2022-10-27 Variable 6.00000000 N N N N N N ASSURANT INC H3F39CAXWQRVWURFXL38 04621XAK4 400000.00000000 PA USD 399880.00000000 0.275711375366 Long DBT CORP US N 2 2048-03-27 Variable 7.00000000 N N N N N N 2020-06-30 Guggenheim Credit Allocation Fund John Sullivan John Sullivan CFO