NPORT-P false 0000827773 XXXXXXXX Putnam Premier Income Trust 811-05452 0000827773 G5048SOHSFOQHNEL1E85 100 Federal Street Boston 02110 617-292-1000 Putnam Premier Income Trust G5048SOHSFOQHNEL1E85 2026-07-31 2026-01-31 N 573624715.44 213069993.76 360554721.68 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 157348525.87000000 0.00000000 0.00000000 0.00000000 AUD CAD CHF CZK EUR GBP HUF ILS JPY NOK NZD PLN SEK SGD USD ZAR N N/A N/A Garda World Security Corp. N/A C4000KAH7 479452.19210000 PA USD 479452.19000000 0.132976261624 Long LON CORP CA N 2 2029-02-01 Variable 6.42192000 N N N N N N Mexican Peso N/A N/A 1.05000000 OU Currencies 0.06000000 0.000000016641 Long STIV MX N 1 N N N BMO Mortgage Trust N/A 05593QAD6 12360575.98000000 PA USD 508269.36000000 0.140968715548 Long ABS-MBS CORP US N 2 2057-09-15 Variable 1.35279360 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UK25 1197949.23000000 PA USD 43089.04000000 0.011950762924 Long ABS-MBS USGA US N 2 2067-04-20 Variable 2.05309080 N N N N N N IRB Holding Corp. 549300HVW4WNWYBXN830 44988LAM9 582464.75050000 PA USD 583192.83000000 0.161748770694 Long LON CORP US N 2 2030-12-16 Variable 6.17192000 N N N N N N BBCMS Mortgage Trust N/A 07336YAG0 4846898.57000000 PA USD 175716.55000000 0.048735057242 Long ABS-MBS CORP US N 2 2057-12-15 Variable 1.06116480 N N N N N N Constellium SE 724500KRJEMC79KAAU28 N/A 650000.00000000 PA 767239.20000000 0.212794106931 Long DBT CORP FR N 2 2029-07-15 Fixed 3.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382RRP5 6162034.83000000 PA USD 1051285.66000000 0.291574509162 Long ABS-MBS USGA US N 2 2051-04-20 Fixed 3.00000000 N N N N N N COMM Mortgage Trust N/A 12630BAE8 1233000.00000000 PA USD 671972.67000000 0.186371895746 Long ABS-MBS CORP US N 2 2046-11-10 Variable 5.10218280 N N N N N N Dick's Sporting Goods, Inc. 529900SSBV5I4LWSK313 253393AH5 875000.00000000 PA USD 863018.38000000 0.239358501804 Long DBT CORP US N 2 2029-10-01 Fixed 4.00000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46640LAN2 500000.00000000 PA USD 400250.00000000 0.111009501729 Long ABS-MBS CORP US N 2 2046-08-15 Variable 4.09021560 N N N N N N Itron, Inc. 24F6LSZD18II6ICG6S41 465741AQ9 203000.00000000 PA USD 216195.00000000 0.059961771958 Long DBT CORP US N 2 2030-07-15 Fixed 1.37500000 N N N N Y Itron, Inc. USD XXXX N N N FHLMC 549300BL200YC56BUV20 35563WBE3 389000.00000000 PA USD 444265.62000000 0.123217251997 Long ABS-MBS CORP US N 2 2048-09-25 Floating 11.56176000 N N N N N N N/A N/A N/A 4626600.00000000 PA 630018.94000000 0.174736011517 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Put Purchased N/A Swaption 1.00000000 2.00000000 AUD 2036-09-10 XXXX 384619.14000000 N N N N/A N/A N/A 1.00000000 NC N/A -60342.21000000 -0.01673593670 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 14243300.00000000 SEK 1542078.82000000 USD 2026-03-17 -60342.21000000 N N N Workiva, Inc. 529900RTOQ8GRWHY1O58 98139AAD7 85000.00000000 PA USD 82428.75000000 0.022861647634 Long DBT CORP US N 2 2028-08-15 Fixed 1.25000000 N N N N Y Workiva, Inc. USD XXXX N N N N/A N/A N/A 4843000.00000000 PA 17898.04000000 0.004964028737 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 0.00000000 USD 11281.95000000 USD 4843000.00000000 NZD 17898.04000000 N N N N/A N/A N/A 4317900.00000000 PA 31177.86000000 0.008647192263 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Call Purchased N/A Swaption 1.00000000 1.44500000 AUD 2030-03-27 XXXX -133945.54000000 N N N Beach Acquisition Bidco LLC 254900F2FNX3GBTB6202 07337JAE7 225000.00000000 PA 273727.89000000 0.075918542606 Long DBT CORP US N 2 2032-07-15 Fixed 5.25000000 N N N N N N N/A N/A N/A 2170500.00000000 PA USD 13786.52000000 0.003823696978 N/A DIR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Put Purchased N/A Swaption 1.00000000 4.60750000 USD 2026-05-26 XXXX -65002.63000000 N N N GNMA 549300M8ZYFG0OCMTT87 38382GU91 11007829.78000000 PA USD 1401832.81000000 0.388798905050 Long ABS-MBS USGA US N 2 2050-07-20 Floating 2.36016000 N N N N N N Alnylam Pharmaceuticals, Inc. 529900S3ZI14OWRJII50 02043QAC1 109000.00000000 PA USD 102034.54000000 0.028299321535 Long DBT CORP US N 2 2028-09-15 None 0.00000000 N N N N Y Alnylam Pharmaceuticals, Inc. USD XXXX N N N N/A N/A N/A 33000.00000000 PA USD 1750.20000000 0.000485418688 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BBB-16 137BERAP2 Y Payout of notional amount upon default event with regard to the reference instrument 2065-04-17 0.00000000 USD 6776.65000000 USD 33000.00000000 USD 1750.20000000 N N N Federation des Caisses Desjardins du Quebec 549300B2Q47IR0CR5B54 31429KAP8 410000.00000000 PA USD 412572.11000000 0.114427043994 Long DBT CORP CA N 2 2030-08-26 Fixed 4.56500000 N N N N N N Serbia International Bond 254900W94OCY91V32O78 N/A 430000.00000000 PA USD 463344.53000000 0.128508795514 Long DBT NUSS RS N 2 2033-09-26 Fixed 6.50000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 29425AAH6 471000.00000000 PA USD 412835.97000000 0.114500225673 Long ABS-MBS CORP US N 2 2058-09-10 Variable 4.33543320 N N N N N N Matador Resources Co. 549300CI3Q2UUK5R4G79 576485AF3 731000.00000000 PA USD 747357.59000000 0.207279934240 Long DBT CORP US N 2 2028-04-15 Fixed 6.87500000 N N N N N N BWX Technologies, Inc. 549300NP85N265KWMS58 05605HAD2 72000.00000000 PA USD 74412.00000000 0.020638198732 Long DBT CORP US N 2 2030-11-01 None 0.00000000 N N N N Y BWX Technologies, Inc. USD XXXX N N N FHLMC 5493000ISUYHCRLRBE46 35564KFH7 299000.00000000 PA USD 380592.67000000 0.105557533188 Long ABS-MBS CORP US N 2 2033-10-25 Floating 9.94727880 N N N N N N Hess Midstream Operations LP N/A 428102AH0 140000.00000000 PA USD 142724.12000000 0.039584593244 Long DBT CORP US N 2 2028-03-01 Fixed 5.87500000 N N N N N N Great Canadian Gaming Corp. N/A C4111RAJ4 435000.00000000 PA USD 426571.88000000 0.118309885948 Long LON CORP CA N 2 2029-11-01 Variable 8.44458000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617K4VB0 32075.18000000 PA USD 32778.41000000 0.009091105463 Long ABS-MBS USGA US N 2 2049-05-20 Fixed 5.50000000 N N N N N N N/A N/A N/A 280329000.00000000 PA USD -768640.53000000 -0.21318276638 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2031-03-18 0.00000000 USD 274766.33000000 USD 280329000.00000000 USD -768640.53000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B07G5 2321197.64000000 PA USD 221422.76000000 0.061411693339 Long ABS-MBS USGSE US N 2 2048-03-25 Floating 2.43824040 N N N N N N Norwegian Krone N/A N/A -13643.26000000 OU Currencies -1416.67000000 -0.00039291400 Short STIV NO N 1 N N N FHLMC 5493000ITBJ4KEFYWF83 35565LBE5 625000.00000000 PA USD 757231.00000000 0.210018328555 Long ABS-MBS CORP US N 2 2050-03-25 Floating 11.41175880 N N N N N N Constellation Energy Generation LLC S2PEWKCZFFECR4533P43 210385AQ3 155000.00000000 PA USD 154679.57000000 0.042900442207 Long DBT CORP US N 2 2031-01-15 Fixed 4.40000000 N N N N N N McGraw-Hill Education, Inc. 254900U6YJ9QZ4IQOR26 58064LAA2 339000.00000000 PA USD 356613.76000000 0.098906972661 Long DBT CORP US N 2 2031-09-01 Fixed 7.37500000 N N N N N N Dresdner Funding Trust I 549300ZEO4BKB37E3J03 26156FAA1 200000.00000000 PA USD 220622.90000000 0.061189851840 Long DBT CORP US N 2 2031-06-30 Fixed 8.15100000 N N N N N N AeroVironment, Inc. 529900PGHVI29YLZ6221 008073AA6 72000.00000000 PA USD 84852.00000000 0.023533737016 Long DBT CORP US N 2 2030-07-15 None 0.00000000 N N N N Y AeroVironment, Inc. USD XXXX N N N Republic of Peru 254900STKLK2DBJJZ530 715638DF6 950000.00000000 PA USD 879082.50000000 0.243813892078 Long DBT NUSS PE N 2 2031-01-23 Fixed 2.78300000 N N N N N N Hunter Douglas, Inc. N/A N8137FAE0 397421.46180000 PA USD 397089.61000000 0.110132966266 Long LON CORP US N 2 2032-01-16 Variable 6.67194000 N N N N N N FNMA or FHLMC N/A 01F050627 -21000000.00000000 PA USD -20999136.48000000 -5.82411911904 Short ABS-MBS USGSE US N 2 2056-02-25 Fixed 5.00000000 N N N N N N FHLMC N/A 35563PKR9 641781.74000000 PA USD 629171.88000000 0.174501079078 Long ABS-MBS CORP US N 2 2058-08-25 Variable 4.74999840 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376MSQ1 723286.75000000 PA USD 134782.53000000 0.037381989999 Long ABS-MBS USGA US N 2 2041-08-20 Fixed 4.50000000 N N N N N N Bank of America NA B4TYDEB6GKMZO031MB27 06051WUD4 1750000.00000000 PA USD 1750656.08000000 0.485545182113 Long STIV CORP US N 2 2026-03-02 Fixed 4.25000000 N N N N N N Avnet, Inc. XJI53DCPL7QABOWK4Z75 053807AY9 73000.00000000 PA USD 79278.00000000 0.021987785829 Long DBT CORP US N 2 2030-09-01 Fixed 1.75000000 N N N N Y Avnet, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38375UG46 6223737.58000000 PA USD 257009.24000000 0.071281618169 Long ABS-MBS USGA US N 2 2067-08-20 Variable 2.40314040 N N N N N N MFA Trust N/A 58004YAA7 597025.16000000 PA USD 598385.30000000 0.165962408483 Long ABS-MBS CORP US N 2 2054-09-25 Fixed 6.32999880 N N N N N N United Mexican States 254900EGTWEU67VP6075 91087BAM2 300000.00000000 PA USD 266580.00000000 0.073936072382 Long DBT NUSS MX N 2 2031-05-24 Fixed 2.65900000 N N N N N N Neptune Bidco US, Inc. 549300VG15T3VCYZ4531 640695AD4 55000.00000000 PA USD 56073.39000000 0.015551977724 Long DBT CORP US N 2 2033-02-15 Fixed 9.50000000 N N N N N N Pertamina Hulu Energi PT 2549003IT1KDHL64C037 74448WAA2 420000.00000000 PA USD 427504.52000000 0.118568554034 Long DBT CORP ID N 2 2030-05-21 Fixed 5.25000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 95000U3E1 895000.00000000 PA USD 926177.75000000 0.256875778989 Long DBT CORP US N 2 2029-07-25 Fixed 5.57400000 N N N N N N JH North America Holdings, Inc. 254900A6FXA0D81TL967 46593WAB1 135000.00000000 PA USD 137651.13000000 0.038177597386 Long DBT CORP US N 2 2032-07-31 Fixed 6.12500000 N N N N N N Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy N/A 11952AAA0 527302.89630000 PA USD 576837.73000000 0.159986181102 Long DBT CORP MX N 2 2039-02-15 Fixed 7.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382QX21 5348039.66000000 PA USD 716008.38000000 0.198585217984 Long ABS-MBS USGA US N 2 2051-05-20 Floating 2.51016120 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382RPL6 10719452.93000000 PA USD 1382650.78000000 0.383478761159 Long ABS-MBS USGA US N 2 2051-04-20 Floating 2.51016120 N N N N N N Alternative Loan Trust N/A 12668AEV3 847172.44000000 PA USD 831041.68000000 0.230489750939 Long ABS-MBS CORP US N 2 2035-11-20 Floating 4.44776040 N N N N N N Alternative Loan Trust N/A 02146BAA4 727634.68000000 PA USD 678581.84000000 0.188204951758 Long ABS-MBS CORP US N 2 2046-06-25 Variable 3.08734920 N N N N N N Crescent Energy Finance LLC 54930061FUL6DBLFUW14 45344LAG8 405000.00000000 PA USD 409118.85000000 0.113469280916 Long DBT CORP US N 2 2034-01-15 Fixed 8.37500000 N N N N N N Terawulf, Inc. 254900CVMW1SX2T78A64 88080TAE4 108000.00000000 PA USD 101854.80000000 0.028249470572 Long DBT CORP US N 2 2032-05-01 None 0.00000000 N N N N Y Terawulf, Inc. USD XXXX N N N COMM Mortgage Trust 549300MGZ5FI5VFL1177 12591KAG0 372766.34000000 PA USD 354166.60000000 0.098228251830 Long ABS-MBS CORP US N 2 2046-10-10 Fixed 4.30000000 N N N N N N Federal Republic of Nigeria 549300GSBZD84TNEQ285 65412AFF4 740000.00000000 PA USD 791636.59000000 0.219560733059 Long DBT NUSS NG N 2 2036-01-13 Fixed 8.63080000 N N N N N N Romania 315700IASY927EDWBK92 77586RAK6 1000000.00000000 PA USD 986597.21000000 0.273633141011 Long DBT NUSS RO N 2 2027-02-27 Fixed 3.00000000 N N N N N N N/A N/A N/A 1493000.00000000 PA 8654.61000000 0.002400359634 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2056-03-18 38301.25000000 USD 0.00000000 USD 1493000.00000000 EUR 8654.61000000 N N N BANK5 Trust N/A 06604AAH7 14837464.24000000 PA USD 564537.32000000 0.156574657341 Long ABS-MBS CORP US N 2 2057-10-15 Variable 1.18800000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71643VAB1 460000.00000000 PA USD 459544.78000000 0.127454933292 Long DBT NUSS MX N 2 2032-02-16 Fixed 6.70000000 N N N N N N Toronto-Dominion Bank (The) PT3QB789TSUIDF371261 89115DTB2 1850000.00000000 PA USD 1850563.33000000 0.513254498894 Long STIV CORP CA N 2 2026-04-02 Floating 3.89999880 N N N N N N Republic of Ghana 213800PP4399SNNXZ126 374422AP8 400000.00000000 PA USD 366206.33000000 0.101567475886 Long DBT NUSS GH N 2 2035-07-03 Fixed 5.00000000 N N N N N N Yen N/A N/A -1.00000000 OU Currencies -0.01000000 -0.00000000277 Short STIV JP N 1 N N N Republic of Iraq N/A N/A 640000.00000000 PA USD 637710.57000000 0.176869288253 Long DBT NUSS IQ N 2 2028-01-15 Fixed 5.80000000 N N N N N N Ahead DB Holdings LLC 254900L07WFL833JX193 00866HAH8 200630.53000000 PA USD 197871.86000000 0.054879841561 Long LON CORP US N 2 2031-02-03 Variable 6.17194000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XDY7 393627.51000000 PA USD 414295.16000000 0.114904932618 Long ABS-MBS CORP US N 2 2029-04-25 Floating 13.06176120 N N N N N N COMM Mortgage Trust N/A 12624PAW5 424048.26000000 PA USD 26013.75000000 0.007214924236 Long ABS-MBS CORP US N 2 2045-10-15 Variable 4.75000000 Y N N N N N N/A N/A N/A 63000.00000000 PA USD 4724.87000000 0.001310444633 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BBB-16 137BERAP2 Y Payout of notional amount upon default event with regard to the reference instrument 2065-04-17 0.00000000 USD 14320.82000000 USD 63000.00000000 USD 4724.87000000 N N N GNMA 549300M8ZYFG0OCMTT87 38379EAL6 1209980.41000000 PA USD 119200.37000000 0.033060271529 Long ABS-MBS USGA US N 2 2044-08-20 Floating 1.81015920 N N N N N N Herc Holdings, Inc. 549300TP80QLITMSBP82 42704LAE4 140000.00000000 PA USD 144964.68000000 0.040206013479 Long DBT CORP US N 2 2029-06-15 Fixed 6.62500000 N N N N N N COMM Mortgage Trust N/A 12629NAJ4 906000.00000000 PA USD 869053.14000000 0.241032244967 Long ABS-MBS CORP US N 2 2048-02-10 Variable 4.03499880 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617LSDS9 55363.05000000 PA USD 53738.55000000 0.014904408892 Long ABS-MBS USGA US N 2 2049-10-20 Fixed 4.50000000 N N N N N N Welltower OP LLC T6IZ0MBEG5ACZDTR7D06 95041AAB4 111000.00000000 PA USD 220890.00000000 0.061263932135 Long DBT CORP US N 2 2028-05-15 Fixed 2.75000000 N N N N Y Welltower, Inc. USD XXXX N N N KazMunayGas National Co. JSC 2138001H1M69RFJCSH88 N/A 760000.00000000 PA USD 779508.46000000 0.216196991227 Long DBT CORP KZ N 2 2030-04-24 Fixed 5.37500000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YFA8 1350000.00000000 PA USD 1377505.93000000 0.382051834900 Long DBT CORP US N 2 2029-02-01 Fixed 5.12300000 N N N N N N N/A N/A N/A 967000.00000000 PA 13675.34000000 0.003792861160 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 0.00000000 USD 2677.84000000 USD 967000.00000000 CHF 13675.34000000 N N N Power Finance Corp. Ltd. 3358003Q6D9LIJJZ1614 73928RAB2 890000.00000000 PA USD 866133.29000000 0.240222423371 Long DBT NUSS IN N 2 2030-04-23 Fixed 3.95000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RA63 4650398.58000000 PA USD 224921.18000000 0.062381981562 Long ABS-MBS USGA US N 2 2066-10-20 Variable 2.40888960 N N N N N N J.P. Morgan Chase Commercial Mortgage Securities Trust N/A 46631QAT9 13585.07000000 PA USD 19217.15000000 0.005329884437 Long ABS-MBS CORP US N 2 2051-02-12 Variable 8.66793960 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XDN1 265259.04000000 PA USD 275969.35000000 0.076540212457 Long ABS-MBS CORP US N 2 2029-01-25 Floating 14.56175880 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379BNA2 2861540.73000000 PA USD 354407.83000000 0.098295157070 Long ABS-MBS USGA US N 2 2044-04-20 Floating 2.39015880 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378JL67 812519.96000000 PA USD 153393.45000000 0.042543736297 Long ABS-MBS USGA US N 2 2043-03-20 Fixed 4.50000000 N N N N N N Alternative Loan Trust N/A 02146BAB2 246823.20000000 PA USD 247232.48000000 0.068570029771 Long ABS-MBS CORP US N 2 2046-06-25 Floating 4.60816920 N N N N N N Sunoco LP 54930001NJU8E40NQ561 86765KAD1 403000.00000000 PA USD 413594.87000000 0.114710706899 Long DBT CORP US N 2 2033-07-01 Fixed 6.25000000 N N N N N N Provincia de Cordoba 5299006CLM2Z97AATT29 74408DAG9 200000.00000000 PA USD 196284.71000000 0.054439644857 Long DBT NUSS AR N 2 2035-02-03 Fixed 8.60000000 N N N N N N PG&E Corp. 8YQ2GSDWYZXO2EDN3511 69331CAL2 165000.00000000 PA USD 167970.00000000 0.046586548421 Long DBT CORP US N 2 2027-12-01 Fixed 4.25000000 N N N N Y PG&E Corp. USD XXXX N N N IREN Ltd. 254900FZF02RB3NNGB71 46270CAE9 36000.00000000 PA USD 33300.00000000 0.009235768663 Long DBT CORP AU N 2 2031-07-01 None 0.00000000 N N N N Y IREN Ltd. USD XXXX N N N Paraguay Government International Bond 529900UXKJTJPCU0HK83 N/A 1620000.00000000 PA USD 1524420.00000000 0.422798512496 Long DBT NUSS PY N 2 2033-06-28 Fixed 3.84900000 N N N N N N Aramark Services, Inc. 42YMHYH0XMHJEXDUB065 038522AQ1 459000.00000000 PA USD 459014.27000000 0.127307796126 Long DBT CORP US N 2 2028-02-01 Fixed 5.00000000 N N N N N N Republic of Colombia 549300MHDRBVRF6B9117 N/A 410000.00000000 PA 479950.17000000 0.133114376581 Long DBT NUSS CO N 2 2030-11-26 Fixed 4.50000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3140JS4K2 34844.00000000 PA USD 35266.87000000 0.009781280865 Long ABS-MBS USGSE US N 2 2049-05-01 Fixed 5.00000000 N N N N N N McGraw-Hill Education, Inc. 254900U6YJ9QZ4IQOR26 57767XAA8 260000.00000000 PA USD 261313.52000000 0.072475411993 Long DBT CORP US N 2 2028-08-01 Fixed 5.75000000 N N N N N N BAT Capital Corp. 2138005GYEXN7XRHFA84 054989AA6 335000.00000000 PA USD 362170.17000000 0.100448045254 Long DBT CORP US N 2 2030-08-02 Fixed 6.34300000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647BZ9 55000.00000000 PA USD 56866.92000000 0.015772063595 Long DBT CORP US N 2 2034-01-31 Fixed 6.25000000 N N N N N N FNMA or FHLMC N/A 01F060626 8000000.00000000 PA USD 8193085.44000000 2.272355608553 Long ABS-MBS USGSE US N 2 2056-02-25 Fixed 6.00000000 N N N N N N N/A N/A N/A 584000.00000000 PA USD 271272.95000000 0.075237663990 N/A DCR US N 2 MERRILL LYNCH INTERNATIONAL AHYI0DDQ2LCHPGHJC422 Markit CMBX North American Index Series BB-10 137BEMAI9 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 33229.33000000 USD 0.00000000 USD 584000.00000000 USD 271272.95000000 N N N RHP Hotel Properties LP / RHP Finance Corp. N/A 749571AK1 455000.00000000 PA USD 470911.81000000 0.130607583727 Long DBT CORP US N 2 2032-04-01 Fixed 6.50000000 N N N N N N South Bow USA Infrastructure Holdings LLC 254900Z1WAY7QFQ7O850 83007CAD4 460000.00000000 PA USD 467175.47000000 0.129571308294 Long DBT CORP US N 2 2029-10-01 Fixed 5.02600000 N N N N N N WULF Compute LLC N/A 982911AA7 280000.00000000 PA USD 292306.00000000 0.081071189038 Long DBT CORP US N 2 2030-10-15 Fixed 7.75000000 N N N N N N Hungary 5299003F3UFKGCCMAP43 N/A 740000.00000000 PA USD 754913.48000000 0.209375563432 Long DBT NUSS HU N 2 2029-06-16 Fixed 5.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378HK70 1555088.46000000 PA USD 252704.83000000 0.070087788289 Long ABS-MBS USGA US N 2 2042-10-20 Fixed 3.50000000 N N N N N N N/A N/A N/A 146000.00000000 PA USD 3803.47000000 0.001054893965 N/A DCR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Markit CMBX North American Index Series BBB-6 137BERAF4 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 9979.56000000 USD 146000.00000000 USD 3803.47000000 N N N Athene Global Funding 549300LM1QSI4MSIL320 04685A3Q2 450000.00000000 PA USD 463508.33000000 0.128554225511 Long DBT CORP US N 2 2029-01-09 Fixed 5.58300000 N N N N N N N/A N/A N/A 647000.00000000 PA 1487.41000000 0.000412533773 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2031-03-18 680.70000000 USD 0.00000000 USD 647000.00000000 AUD 1487.41000000 N N N N/A N/A N/A 21000.00000000 PA USD 9241.61000000 0.002563164325 N/A DCR US N 2 J P MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 10810.78000000 USD 21000.00000000 USD 9241.61000000 N N N Taylor Morrison Communities, Inc. 549300O1Z08HI2MRK572 87724RAJ1 1056000.00000000 PA USD 1063390.94000000 0.294931913537 Long DBT CORP US N 2 2030-08-01 Fixed 5.12500000 N N N N N N N/A N/A N/A 94490000.00000000 PA USD 21880.76000000 0.006068637764 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-02-09 0.00000000 USD 0.00000000 USD 94490000.00000000 USD 21880.76000000 N N N FNMA or FHLMC N/A 01F022626 6000000.00000000 PA USD 5093911.38000000 1.412798411365 Long ABS-MBS USGSE US N 2 2056-02-25 Fixed 2.50000000 N N N N N N Dominican Republic 254900EHU7Q8FGVPI369 N/A 820000.00000000 PA USD 786978.60000000 0.218268837621 Long DBT NUSS DO N 2 2032-09-23 Fixed 4.87500000 N N N N N N AES Andes SA 549300IF4IFG0FS0RM26 00111VAD9 550000.00000000 PA USD 571033.10000000 0.158376264590 Long DBT CORP CL N 2 2032-03-14 Fixed 6.25000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -44586.86000000 -0.01236618391 N/A DFE N/A N 2 JP Morgan Chase Bank 7H6GLXDRUGQFU57RNE97 1591100.00000000 AUD 1063109.38000000 USD 2026-04-15 -44586.86000000 N N N Constellium SE 724500KRJEMC79KAAU28 21039CAD6 385000.00000000 PA USD 398479.62000000 0.110518486110 Long DBT CORP FR N 2 2032-08-15 Fixed 6.37500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382FGP3 4499125.16000000 PA USD 565655.66000000 0.156884829399 Long ABS-MBS USGA US N 2 2050-04-20 Floating 2.31015960 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617LELG7 81479.29000000 PA USD 73828.74000000 0.020476431332 Long ABS-MBS USGA US N 2 2049-10-20 Fixed 3.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 52523.25000000 0.014567344938 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 2309823.87000000 USD 1818000.00000000 CHF 2026-03-17 52523.25000000 N N N FHLMC 5493000KIGZAWUOW4E32 35564K2G3 700000.00000000 PA USD 721232.89000000 0.200034237976 Long ABS-MBS CORP US N 2 2043-06-25 Floating 7.04728080 N N N N N N N/A N/A N/A -177.00000000 NC USD 68387.84000000 0.018967395484 N/A DIR US N 1 CME Clearing House LCZ7XYGSLJUHFXXNXD88 Short United States of America U.S. Treasury 2 Year Notes 2026-03-31 -36903117.28000000 USD 68387.84000000 N N N AerCap Ireland Capital DAC / AerCap Global Aviation Trust N/A 00774MBT1 150000.00000000 PA USD 149510.31000000 0.041466745825 Long DBT CORP IE N 2 2029-02-28 Fixed 4.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UPZ7 1787227.60000000 PA USD 45656.52000000 0.012662854555 Long ABS-MBS USGA US N 2 2064-10-20 Variable 1.53370080 N N N N N N DXP Enterprises, Inc. N/A 23338DAS5 144637.50000000 PA USD 145758.44000000 0.040426163141 Long LON CORP US N 2 2030-10-11 Variable 6.96610000 N N N N N N Saluda Grade Alternative Mortgage Trust N/A 79584CAA9 1227000.00000000 PA USD 1228185.53000000 0.340637760691 Long ABS-MBS CORP US N 2 2030-02-25 Fixed 7.49999880 N N N N N N N/A N/A N/A 1814700.00000000 PA USD 145370.75000000 0.040318637160 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Put Purchased N/A Swaption 1.00000000 4.13000000 USD 2027-12-09 XXXX 3189.00000000 N N N Boston Properties LP BVHHEFJI6SHNOKQT2572 10112RBM5 109000.00000000 PA USD 104040.50000000 0.028855675364 Long DBT CORP US N 2 2030-10-01 Fixed 2.00000000 N N N N Y BXP, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 3617JSVJ2 46077.92000000 PA USD 42264.18000000 0.011721987664 Long ABS-MBS USGA US N 2 2049-08-20 Fixed 3.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UYG9 1234917.57000000 PA USD 51049.02000000 0.014158466643 Long ABS-MBS USGA US N 2 2067-01-20 Variable 1.95226920 N N N N N N Asurion LLC and Asurion Co-Issuer, Inc. N/A 045941AA9 290000.00000000 PA USD 303181.80000000 0.084087596630 Long DBT CORP US N 2 2032-12-31 Fixed 8.00000000 N N N N N N Snowflake, Inc. 254900CJNSY1K7T53Z16 833445AB5 220000.00000000 PA USD 298650.00000000 0.082830700041 Long DBT CORP US N 2 2027-10-01 None 0.00000000 N N N N Y Snowflake, Inc. USD XXXX N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756CC2 1660000.00000000 PA USD 1590197.00000000 0.441041790436 Long DBT NUSS BR N 2 2030-06-12 Fixed 3.87500000 N N N N N N Quikrete Holdings, Inc. 5493007KIN86DIZWZT22 74843PAA8 165000.00000000 PA USD 171205.92000000 0.047484032160 Long DBT CORP US N 2 2032-03-01 Fixed 6.37500000 N N N N N N Citigroup Mortgage Loan Trust, Inc. 549300R1KUK063S4I339 17312EAE6 1366038.65000000 PA USD 1210726.61000000 0.335795522066 Long ABS-O CORP US N 2 2037-03-25 Floating 4.13706960 N N N N N N AAdvantage Loyalty IP Ltd. N/A 02376CBS3 766981.96650000 PA USD 768581.12000000 0.213166288994 Long LON CORP US N 2 2028-04-20 Variable 5.91763000 N N N N N N Protective Life Global Funding 635400EVYITCJYWL2I50 74368CBV5 585000.00000000 PA USD 606550.51000000 0.168227032827 Long DBT CORP US N 2 2028-12-08 Fixed 5.46700000 N N N N N N TK Elevator Midco GmbH 549300C2AFWPAYWS5574 D9000BAJ1 289416.23820000 PA USD 290484.19000000 0.080565909287 Long LON CORP DE N 2 2030-04-30 Variable 6.94709000 N N N N N N Kenan Advantage Group, Inc. (The) 549300GVUXCXDWYPIY65 48853UBQ2 588506.32910000 PA USD 583651.15000000 0.161875885935 Long LON CORP US N 2 2029-01-25 Variable 6.92192000 N N N N N N Bear Stearns ALT-A Trust N/A 07386HYW5 79418.16000000 PA USD 76188.26000000 0.021130845172 Long ABS-MBS CORP US N 2 2036-01-25 Floating 4.28707080 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382RPZ5 3628232.73000000 PA USD 467029.38000000 0.129530790173 Long ABS-MBS USGA US N 2 2051-04-20 Floating 2.51016120 N N N N N N Alliant Holdings Intermediate LLC 5493006Q26653NF8SI73 01881UAN5 432338.47860000 PA USD 431594.86000000 0.119703011512 Long LON CORP US N 2 2031-09-19 Variable 6.17192000 N N N N N N Newell Brands, Inc. 549300LWGYFM1TVO1Z12 651229BF2 115000.00000000 PA USD 113784.47000000 0.031558169442 Long DBT CORP US N 2 2030-05-15 Fixed 6.37500000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61690VAE8 623250.50800000 PA USD 598982.69000000 0.166128094844 Long ABS-MBS CORP US N 2 2048-10-15 Fixed 3.06000000 N N N N N N N/A N/A N/A 358000.00000000 PA USD -10680.59000000 -0.00296226601 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-8 137BEMAG3 Y Receipt of notional amount upon default event with regard to the reference instrument 2057-10-17 155012.89000000 USD 0.00000000 USD 358000.00000000 USD -10680.59000000 N N N N/A N/A N/A 63455000.00000000 PA USD 291858.86000000 0.080947174575 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 339502.78000000 USD 0.00000000 USD 63455000.00000000 USD 291858.86000000 N N N N/A N/A N/A 1.00000000 NC N/A 10206.61000000 0.002830807471 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 934353.71000000 USD 146059200.00000000 JPY 2026-02-13 10206.61000000 N N N BioMarin Pharmaceutical, Inc. N/A N/A 182457.42000000 PA USD 182913.56000000 0.050731150918 Long LON CORP US N 2 2032-12-28 Variable 0.00000000 N N N N N N BPCE SA 9695005MSX1OYEMGDF46 05571CBS9 1750000.00000000 PA USD 1745152.33000000 0.484018714792 Long STIV CORP FR N 2 2026-02-26 Fixed 0.00000000 N N N N N N FNMA N/A 20754BAF8 402000.00000000 PA USD 415244.45000000 0.115168218589 Long ABS-MBS CORP US N 2 2042-01-25 Floating 8.19727920 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FWKE9 7583011.16000000 PA USD 1789191.01000000 0.496232860760 Long ABS-MBS USGSE US N 2 2050-10-25 Fixed 4.50000000 N N N N N N Owens-Brockway Glass Container, Inc. N/A 69074LAE9 291790.33000000 PA USD 292976.46000000 0.081257141394 Long LON CORP US N 2 2032-09-30 Variable 6.67192000 N N N N N N Towd Point Mortgage Trust N/A 89176VAC6 815000.00000000 PA USD 696635.11000000 0.193212033600 Long ABS-MBS CORP US N 2 2058-07-25 Variable 3.25000080 N N N N N N Pinnacle Buyer LLC 254900F51XXB8NHJPB58 72349UAB8 174901.67990000 PA USD 175382.66000000 0.048642452713 Long LON CORP US N 2 2032-10-01 Variable 6.16078000 N N N N N N BMO Mortgage Trust N/A 09661XAD0 5934222.08000000 PA USD 214468.72000000 0.059482987492 Long ABS-MBS CORP US N 2 2057-12-15 Variable 1.02055320 N N N N N N FHLMC 54930047IR7X5WWFY307 35563MBE5 254000.00000000 PA USD 308710.46000000 0.085620972750 Long ABS-MBS CORP US N 2 2049-02-25 Floating 16.06176000 N N N N N N New Zealand Dollar N/A N/A 13117.03000000 OU Currencies 7897.76000000 0.002190446976 Long STIV NZ N 1 N N N WESCO Distribution, Inc. 549300I2CEZJG9N4AH67 95081QAS3 100000.00000000 PA USD 104186.50000000 0.028896168524 Long DBT CORP US N 2 2033-03-15 Fixed 6.37500000 N N N N N N Sumitomo Mitsui Trust NY 5493006GGLR4BTEL8O61 86563HCA6 2000000.00000000 PA USD 1991941.20000000 0.552465709149 Long STIV CORP JP N 2 2026-03-10 Fixed 0.00000000 N N N N N N Credit Agricole Corporate and Investment Bank 254900BN8XS34XZDJ223 22533UC92 1900000.00000000 PA USD 1892761.38000000 0.524958145376 Long STIV CORP FR N 2 2026-03-09 None 0.00000000 N N N N N N N/A N/A N/A -52.00000000 NC 7011.31000000 0.001944589705 N/A DIR DE N 1 Eurex Clearing 529900LN3S50JPU47S06 Short Federal Republic of Germany Euro-Bobl 2026-03-06 -6063720.00000000 EUR 7011.31000000 N N N Egyptian Pound N/A N/A 0.75000000 OU Currencies 0.02000000 0.000000005547 Long STIV EG N 1 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 78014XPU5 1850000.00000000 PA USD 1850294.15000000 0.513179841711 Long STIV CORP CA N 2 2026-03-23 Floating 3.92000040 N N N N N N CFCRE Commercial Mortgage Trust N/A 12527DAG5 424000.00000000 PA USD 403342.64000000 0.111867246702 Long ABS-MBS CORP US N 2 2047-12-15 Variable 5.07983400 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RYA8 1178929.79000000 PA USD 66660.23000000 0.018488242142 Long ABS-MBS USGA US N 2 2066-06-20 Variable 2.65869000 N N N N N N Jefferson Capital Holdings LLC N/A 472481AB6 995000.00000000 PA USD 1044824.63000000 0.289782539840 Long DBT CORP US N 2 2029-02-15 Fixed 9.50000000 N N N N N N BAT Capital Corp. 2138005GYEXN7XRHFA84 05526DBN4 120000.00000000 PA USD 122436.54000000 0.033957824606 Long DBT CORP US N 2 2030-04-02 Fixed 4.90600000 N N N N N N N/A N/A N/A 606000.00000000 PA USD 71751.78000000 0.019900385624 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-10 137BEMAI9 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 244221.47000000 USD 0.00000000 USD 606000.00000000 USD 71751.78000000 N N N FNMA or FHLMC N/A 01F030629 2000000.00000000 PA USD 1772999.16000000 0.491742044519 Long ABS-MBS USGSE US N 2 2056-02-25 Fixed 3.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -32630.02000000 -0.00904994943 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1016100.00000000 GBP 1357677.26000000 USD 2026-03-17 -32630.02000000 N N N Arab Republic of Egypt 529900GFIVH4086NMH82 03846JAH3 700000.00000000 PA USD 764062.78000000 0.211913125541 Long DBT NUSS EG N 2 2030-02-04 Fixed 8.62500000 N N N N N N American Tower Corp. 5493006ORUSIL88JOE18 03027XAX8 910000.00000000 PA USD 900255.72000000 0.249686293333 Long DBT CORP US N 2 2027-01-15 Fixed 2.75000000 N N N N N N N/A N/A N/A 2202100.00000000 PA 58805.50000000 0.016309729553 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Call Purchased N/A Swaption 1.00000000 2.70000000 AUD 2037-04-01 XXXX -74795.55000000 N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 780153BW1 175000.00000000 PA USD 179959.02000000 0.049911708037 Long DBT CORP LR N 2 2031-09-30 Fixed 5.62500000 N N N N N N Clydesdale Acquisition Holdings, Inc. 254900QKSDYFR3K5YD98 18972FAF9 231.37889999 PA USD 230.51000000 0.000063932043 Long LON CORP US N 2 2032-04-01 Fixed 7.41340000 N N N N N N Swedish Krona N/A N/A 51795.92000000 OU Currencies 5814.87000000 0.001612756580 Long STIV SE N 1 N N N WisdomTree, Inc. 549300WIU8IS7UFO7871 97717PAJ3 72000.00000000 PA USD 83952.00000000 0.023284121647 Long DBT CORP US N 2 2030-08-15 Fixed 4.62500000 N N N N Y WisdomTree, Inc. USD XXXX N N N WFRBS Commercial Mortgage Trust N/A 92939HBB0 275000.00000000 PA USD 266702.65000000 0.073970089410 Long ABS-MBS CORP US N 2 2057-10-15 Variable 4.27845600 N N N N N N N/A N/A N/A 766000.00000000 PA USD -111083.87000000 -0.03080915692 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BBB-6 137BERAF4 Y Receipt of notional amount upon default event with regard to the reference instrument 2063-05-11 143487.20000000 USD 0.00000000 USD 766000.00000000 USD -111083.87000000 N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967QF1 975000.00000000 PA USD 976100.98000000 0.270722007314 Long DBT CORP US N 2 2031-09-11 Fixed 4.50300000 N N N N N N Akamai Technologies, Inc. OC1LZNN2LF5WTJ5RIL89 00971TAL5 183000.00000000 PA USD 194603.17000000 0.053973269048 Long DBT CORP US N 2 2027-09-01 Fixed 0.37500000 N N N N Y Akamai Technologies, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38379LL46 1382889.94000000 PA USD 272884.29000000 0.075684569800 Long ABS-MBS USGA US N 2 2045-04-16 Fixed 4.00000000 N N N N N N Pertamina Hulu Energi PT 2549003IT1KDHL64C037 74448WAA2 350000.00000000 PA USD 356253.77000000 0.098807129286 Long DBT CORP ID N 2 2030-05-21 Fixed 5.25000000 N N N N N N Republic of Turkiye (The) 5493000PCHOG3B6S3Q85 900123DJ6 660000.00000000 PA USD 748748.06000000 0.207665581665 Long DBT NUSS TR N 2 2030-07-13 Fixed 9.12500000 N N N N N N Swiss Franc N/A N/A 0.01000000 OU Currencies 0.01000000 0.000000002773 Long STIV CH N 1 N N N N/A N/A N/A 442000.00000000 PA USD -8876.84000000 -0.00246199521 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BBB-12 137BERAL1 Y Receipt of notional amount upon default event with regard to the reference instrument 2061-08-17 80223.00000000 USD 0.00000000 USD 442000.00000000 USD -8876.84000000 N N N QXO Building Products, Inc. 549300HDXQWWCBOYXP31 74825NAA5 525000.00000000 PA USD 541492.88000000 0.150183272452 Long DBT CORP US N 2 2032-04-30 Fixed 6.75000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -30510.76000000 -0.00846217180 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 1089500.00000000 AUD 727980.26000000 USD 2026-04-15 -30510.76000000 N N N IHS Holding Ltd. 213800CLGMKL63VKTD94 N/A 400000.00000000 PA USD 418080.91000000 0.115954911934 Long DBT CORP KY N 2 2031-11-29 Fixed 8.25000000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XDH5 220000.00000000 PA USD 214829.25000000 0.059582980635 Long DBT CORP US N 2 2030-09-26 Fixed 4.45000000 N N N N N N N/A N/A N/A 1129000.00000000 PA USD -72745.86000000 -0.02017609411 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BBB-10 137BERAJ6 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 339336.02000000 USD 0.00000000 USD 1129000.00000000 USD -72745.86000000 N N N Phoenix Guarantor, Inc. N/A 71913BAK8 451978.75000000 PA USD 451877.05000000 0.125328285230 Long LON CORP US N 2 2031-02-21 Variable 6.17192000 N N N N N N Meritage Homes Corp. 52990044W9UMFJO2FB97 59001ABF8 144000.00000000 PA USD 146844.75000000 0.040727451665 Long DBT CORP US N 2 2028-05-15 Fixed 1.75000000 N N N N Y Meritage Homes Corp. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38382LDU2 4530723.10000000 PA USD 928218.30000000 0.257441726369 Long ABS-MBS USGA US N 2 2050-11-20 Fixed 3.50000000 N N N N N N Merit Medical Systems, Inc. 549300OYTY138SP2CE83 589889AA2 82000.00000000 PA USD 94956.00000000 0.026336085562 Long DBT CORP US N 2 2029-02-01 Fixed 3.00000000 N N N N Y Merit Medical Systems, Inc. USD XXXX N N N FNMA B1V7KEBTPIMZEU4LTD58 3136A9C48 225158.36000000 PA USD 46013.72000000 0.012761924122 Long ABS-MBS USGSE US N 2 2042-11-25 Fixed 4.50000000 N N N N N N Ecopetrol SA 254900IDGKCJICKBPA66 279158AP4 440000.00000000 PA USD 395666.26000000 0.109738199559 Long DBT NUSS CO N 2 2031-11-02 Fixed 4.62500000 N N N N N N Hashemite Kingdom of Jordan 5493000JZ4MYPVMBVN50 N/A 450000.00000000 PA USD 472684.95000000 0.131099364833 Long DBT NUSS JO N 2 2029-01-13 Fixed 7.50000000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust 549300P1YQ48837ZOI22 61762MBZ3 338709.55400000 PA USD 323655.61000000 0.089766016235 Long ABS-MBS CORP US N 2 2046-07-15 Variable 3.95160840 N N N N N N FNMA or FHLMC N/A 01F052623 111000000.00000000 PA USD 112561410.36000000 31.21895334930 Long ABS-MBS USGSE US N 2 2056-02-25 Fixed 5.50000000 N N N N N N PPL Capital Funding, Inc. 549300MROK5WY0D2NU17 69352PAS2 201000.00000000 PA USD 226074.75000000 0.062701924675 Long DBT CORP US N 2 2028-03-15 Fixed 2.87500000 N N N N Y PPL Corp. USD XXXX N N N Bausch + Lomb Corp. 549300NY6OZM39SO6475 C0787FAL6 972680.70420000 PA USD 981191.66000000 0.272133909501 Long LON CORP CA N 2 2031-01-15 Variable 7.42192000 N N N N N N Global Payments, Inc. 549300NOMHGVQBX6S778 37940XAU6 177000.00000000 PA USD 156999.00000000 0.043543737069 Long DBT CORP US N 2 2031-03-01 Fixed 1.50000000 N N N N Y Global Payments, Inc. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A -1256.18000000 -0.00034840203 N/A DFE N/A N 2 Bank of America B4TYDEB6GKMZO031MB27 43500.00000000 NZD 25005.61000000 USD 2026-04-15 -1256.18000000 N N N United States of America 254900HROIFWPRGM1V77 91282CLZ2 140000.00000000 PA USD 140000.00000000 0.038829057444 Long DBT UST US N 2 2031-11-30 Fixed 4.12500000 N N N N N N Flutter Financing BV 635400VFWPBIKJK6GN11 N3313EAG5 235200.00000000 PA USD 235258.80000000 0.065249124710 Long LON CORP NL N 2 2030-12-02 Variable 5.42194000 N N N N N N Filtration Group Corp. 549300ZA0D9WN5ECE978 31732FAX4 434615.60270000 PA USD 435930.31000000 0.120905450348 Long LON CORP US N 2 2028-10-23 Variable 6.42192000 N N N N N N Republic of South Africa 378900AAFB4F17004C49 836205BC7 770000.00000000 PA USD 790371.54000000 0.219209870922 Long DBT NUSS ZA N 2 2032-04-20 Fixed 5.87500000 N N N N N N Jones Deslauriers Insurance Management, Inc. 549300JQIWNFU00E5424 48020RAB1 420000.00000000 PA USD 439409.88000000 0.121870510515 Long DBT CORP CA N 2 2030-03-15 Fixed 8.50000000 N N N N N N Alphabet, Inc. 5493006MHB84DD0ZWV18 02079KAW7 530000.00000000 PA USD 530579.43000000 0.147156422616 Long DBT CORP US N 2 2030-11-15 Fixed 4.10000000 N N N N N N N/A N/A N/A 10390700.00000000 PA 179984.22000000 0.049918697267 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Put Purchased N/A Swaption 1.00000000 4.20100000 EUR 2029-04-11 XXXX -79768.41000000 N N N Medline Borrower LP 254900QT3R363TVK6F09 62482BAA0 905000.00000000 PA USD 885547.26000000 0.245606895916 Long DBT CORP US N 2 2029-04-01 Fixed 3.87500000 N N N N N N Franklin Ultra Short Bond ETF 549300C2WYDHE3Y9X469 35473P496 368080.00000000 NS USD 9236967.60000000 2.561876753953 Long RF US N 1 N N N Motorola Solutions, Inc. 6S552MUG6KGJVEBSEC55 620076BY4 455000.00000000 PA USD 466611.50000000 0.129414890984 Long DBT CORP US N 2 2029-04-15 Fixed 5.00000000 N N N N N N Nouryon Finance BV N/A N/A 440000.00000000 PA 523747.14000000 0.145261484181 Long LON CORP NL N 2 2028-04-03 Variable 5.52700000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -6432.53000000 -0.00178406483 N/A DFE N/A N 2 JP Morgan Chase Bank 7H6GLXDRUGQFU57RNE97 431300.00000000 CAD 311263.12000000 USD 2026-04-15 -6432.53000000 N N N AptarGroup, Inc. VNPEQDQFAA7IY1T2PX43 038336AB9 225000.00000000 PA USD 226477.77000000 0.062813702437 Long DBT CORP US N 2 2031-03-30 Fixed 4.75000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38384HZW1 3393465.16000000 PA USD 654842.40000000 0.181620808333 Long ABS-MBS USGA US N 2 2052-12-20 Fixed 5.00000000 N N N N N N Outfront Media Capital LLC / Outfront Media Capital Corp. N/A 69007TAG9 168000.00000000 PA USD 177034.37000000 0.049100555159 Long DBT CORP US N 2 2031-02-15 Fixed 7.37500000 N N N N N N White Cap Supply Holdings LLC 254900L2N0T6GULCL366 96350TAH3 1026973.46810000 PA USD 1026424.04000000 0.284679128654 Long LON CORP US N 2 2029-10-19 Variable 6.96610000 N N N N N N CVS Health Corp. 549300EJG376EN5NQE29 126650EH9 395000.00000000 PA USD 413600.95000000 0.114712393190 Long DBT CORP US N 2 2055-03-10 Fixed 7.00000000 N N N N N N FHLMC 5493005RUXPCBST1N217 35563XBE1 1619000.00000000 PA USD 2000945.41000000 0.554963030487 Long ABS-MBS CORP US N 2 2048-10-25 Floating 14.81176080 N N N N N N Clear Channel Outdoor Holdings, Inc. 254900XBEE6V1ENYS150 18452RAF2 370000.00000000 PA USD 370860.25000000 0.102858242508 Long LON CORP US N 2 2028-08-23 Variable 7.78640000 N N N N N N COMM Mortgage Trust N/A 12631DAG8 725000.00000000 PA USD 614800.00000000 0.170515032263 Long ABS-MBS CORP US N 2 2047-05-10 Variable 4.92969600 N N N N N N MKS, Inc. 549300KEQATBHAGVF505 55306NAB0 144000.00000000 PA USD 242559.77000000 0.067274051736 Long DBT CORP US N 2 2030-06-01 Fixed 1.25000000 N N N N Y MKS, Inc. USD XXXX N N N Novelis Corp. 549300G5F3W3B52WYL23 670001AL0 429000.00000000 PA USD 444890.59000000 0.123390587683 Long DBT CORP US N 2 2030-01-30 Fixed 6.87500000 N N N N N N RR Donnelley & Sons Co. SU4X0P4WWRGOQDTSV032 257867BJ9 630000.00000000 PA USD 656150.04000000 0.181983482824 Long DBT CORP US N 2 2029-08-01 Fixed 9.50000000 N N N N N N Republic of Bulgaria 529900PG0XCL4LICL838 N/A 260000.00000000 PA USD 257010.00000000 0.071281828955 Long DBT NUSS BG N 2 2037-03-05 Fixed 5.00000000 N N N N N N N/A N/A N/A 2202100.00000000 PA 253371.98000000 0.070272822616 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Put Purchased N/A Swaption 1.00000000 2.70000000 AUD 2037-04-01 XXXX 119770.93000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136A1D44 1022423.39000000 PA USD 98307.95000000 0.027265750270 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 2.08824120 N N N N N N N/A N/A N/A 439000.00000000 PA USD 25173.01000000 0.006981744652 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-10 137BEMAI9 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 203725.10000000 USD 0.00000000 USD 439000.00000000 USD 25173.01000000 N N N KazMunayGas National Co. JSC 2138001H1M69RFJCSH88 N/A 200000.00000000 PA USD 205133.81000000 0.056893946373 Long DBT CORP KZ N 2 2030-04-24 Fixed 5.37500000 N N N N N N Illumina, Inc. SQ95QG8SR5Q56LSNF682 452327AQ2 258000.00000000 PA USD 258686.64000000 0.071746845747 Long DBT CORP US N 2 2026-09-09 Fixed 4.65000000 N N N N N N Gartner, Inc. PP55B5R38BFB8O8HH686 366651AG2 990000.00000000 PA USD 956122.59000000 0.265180992650 Long DBT CORP US N 2 2029-06-15 Fixed 3.62500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381J2J5 10541518.82000000 PA USD 547198.65000000 0.151765770102 Long ABS-MBS USGSE US N 2 2063-06-16 Variable 0.69969960 N N N N N N Microchip Technology, Inc. 5493007PTFULNYZJ1R12 595017BG8 105000.00000000 PA USD 108180.60000000 0.030003933798 Long DBT CORP US N 2 2030-06-01 Fixed 0.75000000 N N N N Y Microchip Technology, Inc. USD XXXX N N N Guidewire Software, Inc. 549300WXSG0J8IXZCK32 40171VAC4 201000.00000000 PA USD 194869.50000000 0.054047135783 Long DBT CORP US N 2 2029-11-01 Fixed 1.25000000 N N N N Y Guidewire Software, Inc. USD XXXX N N N Clear Channel Outdoor Holdings, Inc. 254900XBEE6V1ENYS150 18453HAF3 625000.00000000 PA USD 658410.63000000 0.182610458388 Long DBT CORP US N 2 2030-04-01 Fixed 7.87500000 N N N N N N MPT Operating Partnership LP / MPT Finance Corp. N/A 55342UAQ7 535000.00000000 PA USD 573486.30000000 0.159056660616 Long DBT CORP US N 2 2032-02-15 Fixed 8.50000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FQNN9 3969622.93000000 PA USD 466094.07000000 0.129271381561 Long ABS-MBS USGSE US N 2 2050-01-25 Floating 2.23823880 N N N N N N BANK5 Trust N/A 06644XBM7 11025581.60000000 PA USD 193593.78000000 0.053693314317 Long ABS-MBS CORP US N 2 2057-12-15 Variable 0.49699800 N N N N N N BradyPlus Holdings LLC 254900LMURL5G873DV35 10480UAD3 580000.00000000 PA USD 577581.40000000 0.160192438281 Long LON CORP US N 2 2032-12-29 Variable 7.18977000 N N N N N N Uber Technologies, Inc. 549300B2FTG34FILDR98 90353TAM2 198000.00000000 PA USD 254139.08000000 0.070485578115 Long DBT CORP US N 2 2028-12-01 Fixed 0.87500000 N N N N Y Uber Technologies, Inc. USD XXXX N N N Republic of Guatemala 529900QKDFFU9UWW5315 401494AX7 400000.00000000 PA USD 438150.00000000 0.121521082280 Long DBT NUSS GT N 2 2032-10-04 Fixed 7.05000000 N N N N N N N/A N/A N/A 289000.00000000 PA USD 19869.27000000 0.005510750187 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-13 137BEMAL2 Y Payout of notional amount upon default event with regard to the reference instrument 2072-12-16 0.00000000 USD 123564.08000000 USD 289000.00000000 USD 19869.27000000 N N N JBT Marel Corp. 5493007CT6ATBZ2L6826 477839AD6 73000.00000000 PA USD 78475.00000000 0.021765073449 Long DBT CORP US N 2 2030-09-15 Fixed 0.37500000 N N N N Y JBT Marel Corp. USD XXXX N N N Crocs, Inc. 549300B0J6YCXD63OG72 227046AB5 640000.00000000 PA USD 586270.91000000 0.162602477445 Long DBT CORP US N 2 2031-08-15 Fixed 4.12500000 N N N N N N PG&E Corp. 8YQ2GSDWYZXO2EDN3511 69331CAJ7 1045000.00000000 PA USD 1039185.10000000 0.288218413881 Long DBT CORP US N 2 2030-07-01 Fixed 5.25000000 N N N N N N Compass, Inc. 254900DMGQSTC3I2IM78 20464UAA8 107000.00000000 PA USD 115560.32000000 0.032050702168 Long DBT CORP US N 2 2031-04-15 Fixed 0.25000000 N N N N Y Compass, Inc. USD XXXX N N N Kinetik Holdings LP 549300RD6AJIMYC0HY12 49461MAA8 1005000.00000000 PA USD 1017619.79000000 0.282237266304 Long DBT CORP US N 2 2030-06-15 Fixed 5.87500000 N N N N N N Halozyme Therapeutics, Inc. 529900242I3SV9AGM753 40637HAF6 143000.00000000 PA USD 198770.00000000 0.055128941058 Long DBT CORP US N 2 2028-08-15 Fixed 1.00000000 N N N N N Halozyme Therapeutics, Inc. USD XXXX N N N Air France-KLM 969500AQW31GYO8JZD66 N/A 500000.00000000 PA 654612.47000000 0.181557037153 Long DBT CORP FR N 2 2028-05-31 Fixed 8.12500000 N N N N N N Commercial Metals Co. 549300OQS2LO07ZJ7N73 201723AR4 595000.00000000 PA USD 570488.44000000 0.158225202915 Long DBT CORP US N 2 2032-03-15 Fixed 4.37500000 N N N N N N A&D Mortgage Trust 984500E3BD374F778L95 00039GAA7 1090826.43000000 PA USD 1104354.86000000 0.306293273557 Long ABS-MBS CORP US N 2 2069-02-25 Fixed 6.19499880 N N N N N N Proofpoint, Inc. N/A 74345HAJ0 516760.09530000 PA USD 514016.10000000 0.142562576245 Long LON CORP US N 2 2028-08-31 Variable 6.67194000 N N N N N N Putnam Government Money Market Fund 549300SEUI2XMME8T893 74680A869 7610479.84000000 NS USD 7610479.84000000 2.110769706340 Long STIV RF US N 1 N N N Sinclair Television Group, Inc. 549300CQGEN0CH65UD62 829259BH2 550000.00000000 PA USD 569230.75000000 0.157876382078 Long DBT CORP US N 2 2033-02-15 Fixed 8.12500000 N N N N N N NCL Corp. Ltd. UNZWILHE4KMRP9K2L524 62886HBZ3 420000.00000000 PA USD 422517.90000000 0.117185512931 Long DBT CORP BM N 2 2033-09-15 Fixed 6.25000000 N N N N N N Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp. N/A 76884GAA3 150000.00000000 PA USD 152344.95000000 0.042252934392 Long DBT CORP US N 2 2030-10-15 Fixed 6.25000000 N N N N N N Societe Generale SA O2RNE8IBXP4R0TD8PU41 83369CCX0 1875000.00000000 PA USD 1863228.94000000 0.516767311025 Long STIV CORP FR N 2 2026-03-31 None 0.00000000 N N N N N N United Airlines, Inc. K1OQBWM7XEOO08LDNP29 90932LAH0 516000.00000000 PA USD 515766.77000000 0.143048125287 Long DBT CORP US N 2 2029-04-15 Fixed 4.62500000 N N N N N N N/A N/A N/A 268000.00000000 PA USD 5207.89000000 0.001444410428 N/A DCR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Markit CMBX North American Index Series BBB-6 137BERAF4 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 16544.82000000 USD 268000.00000000 USD 5207.89000000 N N N N/A N/A N/A 1.00000000 NC N/A 8874.31000000 0.002461293519 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 529152.97000000 USD 453000.00000000 EUR 2026-03-17 8874.31000000 N N N GNMA 549300M8ZYFG0OCMTT87 38383VL97 10860380.13000000 PA USD 865485.41000000 0.240042733587 Long ABS-MBS USGA US N 2 2053-02-20 Floating 2.74700160 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61748UAS1 210000.00000000 PA USD 209907.67000000 0.058217978403 Long DBT CORP US N 2 2032-01-16 Fixed 4.49300000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RF35 1038930.98000000 PA USD 26837.67000000 0.007443438786 Long ABS-MBS USGA US N 2 2066-10-20 Variable 1.63616040 N N N N N N FNMA N/A 20754BAB7 1632605.81000000 PA USD 1660311.95000000 0.460488200588 Long ABS-MBS CORP US N 2 2042-01-25 Floating 6.69728160 N N N N N N Romania 315700IASY927EDWBK92 N/A 1010000.00000000 PA 1224798.27000000 0.339698302741 Long DBT NUSS RO N 2 2036-02-22 Fixed 5.62500000 N N N N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AA4 70000.00000000 PA USD 76788.46000000 0.021297310888 Long DBT CORP US N 2 2033-05-01 Fixed 7.50000000 N N N N N N Bridgebio Pharma, Inc. 54930028YG89VTY2J114 10806XAK8 35000.00000000 PA USD 35875.00000000 0.009949945970 Long DBT CORP US N 2 2033-02-01 Fixed 0.75000000 N N N N Y Bridgebio Pharma, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38378GNB0 413096.18000000 PA USD 88159.72000000 0.024451134515 Long ABS-MBS USGA US N 2 2042-12-20 Fixed 5.00000000 N N N N N N Bath & Body Works, Inc. GR3KVMWVCR54YWQNXU90 501797AL8 705000.00000000 PA USD 713701.82000000 0.197945492621 Long DBT CORP US N 2 2035-11-01 Fixed 6.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381YWU4 3472023.31000000 PA USD 386749.02000000 0.107264999387 Long ABS-MBS USGA US N 2 2049-09-20 Floating 2.26015920 N N N N N N Burlington Stores, Inc. 5299003Z37DVGKKC1W09 122017AD8 76000.00000000 PA USD 115406.00000000 0.032007901453 Long DBT CORP US N 2 2027-12-15 Fixed 1.25000000 N N N N N Burlington Stores, Inc. USD XXXX N N N Serbia International Bond 254900W94OCY91V32O78 N/A 510000.00000000 PA USD 528968.66000000 0.146709674896 Long DBT NUSS RS N 2 2028-05-26 Fixed 6.25000000 N N N N N N Ionis Pharmaceuticals, Inc. 549300SI4ZGLG0BLUZ92 462222AG5 72000.00000000 PA USD 79746.41000000 0.022117699534 Long DBT CORP US N 2 2030-12-01 None 0.00000000 N N N N Y Ionis Pharmaceuticals, Inc. USD XXXX N N N Forvia SE 969500F0VMZLK2IULV85 31209DAC9 200000.00000000 PA USD 205210.20000000 0.056915133171 Long DBT CORP FR N 2 2033-09-15 Fixed 6.75000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XCY8 237505.13000000 PA USD 243472.16000000 0.067527103476 Long ABS-MBS CORP US N 2 2028-10-25 Floating 16.56176040 N N N N N N FNMA 549300HG8ZEWVWVSN227 62547NAB5 908937.91000000 PA USD 924832.23000000 0.256502598465 Long ABS-MBS CORP US N 2 2049-10-25 Floating 7.06176000 N N N N N N AIB Group plc 635400AKJBGNS5WNQL34 00135TAD6 435000.00000000 PA USD 461624.60000000 0.128031772222 Long DBT CORP IE N 2 2029-09-13 Fixed 6.60800000 N N N N N N Avient Corp. SM8L9RZYIB34LNTWO040 05368VAB2 100000.00000000 PA USD 102878.26000000 0.028533327623 Long DBT CORP US N 2 2031-11-01 Fixed 6.25000000 N N N N N N Raizen Fuels Finance SA 52990010NH26VC32Q522 75102XAF3 700000.00000000 PA USD 587125.00000000 0.162839359657 Long DBT CORP LU N 2 2032-07-08 Fixed 6.25000000 N N N N N N Republic of Uzbekistan International Bond 213800L6VDKUM3TCM927 N/A 720000.00000000 PA USD 775552.20000000 0.215099720892 Long DBT NUSS UZ N 2 2032-02-28 Fixed 6.90000000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647CA3 135000.00000000 PA USD 139794.66000000 0.038772106311 Long DBT CORP US N 2 2034-01-31 Fixed 6.75000000 N N N N N N Endo Finance Holdings, Inc. N/A 29280UAD5 382097.98990000 PA USD 382814.42000000 0.106173736462 Long LON CORP US N 2 2031-04-23 Variable 7.42190000 N N N N N N FHLMC N/A 35563PCF4 324002.61000000 PA USD 320882.92000000 0.088997009526 Long ABS-MBS CORP US N 2 2056-07-25 Variable 4.74999840 N N N N N N EMRLD Borrower LP 5493000GJYE7GAQCUC61 26872NAD1 425594.01200000 PA USD 425583.37000000 0.118035722293 Long LON CORP US N 2 2031-08-04 Variable 6.12187000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 89364MCA0 263320.04000000 PA USD 263495.15000000 0.073080487969 Long LON CORP US N 2 2031-02-28 Variable 6.17192000 N N N N N N N/A N/A N/A 4626600.00000000 PA 99730.40000000 0.027660267361 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Call Purchased N/A Swaption 1.00000000 2.00000000 AUD 2036-09-10 XXXX -145669.40000000 N N N Rubrik, Inc. 254900TRGK2WTBYMYU27 781154AC3 132000.00000000 PA USD 118800.00000000 0.032949228745 Long DBT CORP US N 2 2030-06-15 None 0.00000000 N N N N Y Rubrik, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38383AQC1 7359672.85000000 PA USD 1399831.12000000 0.388243735507 Long ABS-MBS USGA US N 2 2051-07-20 Fixed 3.50000000 N N N N N N Republic of Cameroon International Bond 54930021BO6NHYGBBV24 N/A 500000.00000000 PA 521106.17000000 0.144529010068 Long DBT NUSS CM N 2 2032-07-07 Fixed 5.95000000 N N N N N N CD Mortgage Trust N/A 12515DAU8 1032000.00000000 PA USD 990735.79000000 0.274780977873 Long ABS-MBS CORP US N 2 2050-05-10 Variable 3.94700040 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RAE6 1282958.62000000 PA USD 61954.07000000 0.017182986735 Long ABS-MBS USGA US N 2 2065-04-20 Variable 2.41913160 N N N N N N Live Nation Entertainment, Inc. 5493007B9BM9ZXJINO78 538034BA6 72000.00000000 PA USD 106135.20000000 0.029436641269 Long DBT CORP US N 2 2029-01-15 Fixed 3.12500000 N N N N Y Live Nation Entertainment, Inc. USD XXXX N N N Morgan Stanley Bank of America Merrill Lynch Trust 549300P1YQ48837ZOI22 61762MBG5 1988000.00000000 PA USD 257985.15000000 0.071552287208 Long ABS-MBS CORP US N 2 2046-07-15 Variable 3.95160840 N N N N N N J.P. Morgan Mortgage Trust N/A 46593DAX5 287928.09000000 PA USD 289272.37000000 0.080229810513 Long ABS-MBS CORP US N 2 2055-02-25 Floating 5.04727920 N N N N N N Morgan Stanley Residential Mortgage Loan Trust N/A 61777BBQ0 157003.79000000 PA USD 157494.11000000 0.043681056031 Long ABS-MBS CORP US N 2 2054-09-25 Floating 5.04727920 N N N N N N Citigroup Commercial Mortgage Trust N/A 29425AAJ2 221000.00000000 PA USD 140887.50000000 0.039075205933 Long ABS-MBS CORP US N 2 2058-09-10 Fixed 3.17200000 N N N N N N Medline Borrower LP 254900QT3R363TVK6F09 58503UAH6 73788.19140000 PA USD 74051.25000000 0.020538144572 Long LON CORP US N 2 2028-10-23 Variable 5.42192000 N N N N N N BBCMS Mortgage Trust N/A 07336AAG2 10361926.99000000 PA USD 320126.55000000 0.088787229996 Long ABS-MBS CORP US N 2 2055-02-15 Variable 0.68447160 N N N N N N Republic of El Salvador 529900AKDMUSFSDOM949 N/A 360000.00000000 PA USD 387849.60000000 0.107570245701 Long DBT NUSS SV N 2 2029-02-28 Fixed 8.62500000 N N N N N N N/A N/A N/A 1391000.00000000 PA USD 137919.51000000 0.038252032689 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 241858.54000000 USD 1391000.00000000 USD 137919.51000000 N N N GNMA 549300M8ZYFG0OCMTT87 38382GXV9 3047822.38000000 PA USD 408724.87000000 0.113360010401 Long ABS-MBS USGA US N 2 2050-07-20 Floating 2.36016000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380LAD5 3413894.16000000 PA USD 143113.86000000 0.039692687793 Long ABS-MBS USGA US N 2 2068-02-20 Variable 2.08181880 N N N N N N N/A N/A N/A 30249200.00000000 PA USD 342514.51000000 0.094996539888 N/A DIR FR N 2 BNP PARIBAS NY BRANCH 549300QVEGJN81E8T563 Put Purchased N/A Swaption 1.00000000 3.78750000 USD 2026-03-17 XXXX -12652.82000000 N N N GNMA 549300M8ZYFG0OCMTT87 38380CH71 1949746.32000000 PA USD 370515.17000000 0.102762534428 Long ABS-MBS USGA US N 2 2039-11-20 Fixed 5.00000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46641JAE6 513000.00000000 PA USD 470547.20000000 0.130506458993 Long ABS-MBS CORP US N 2 2047-02-15 Variable 4.52454840 N N N N N N United Rentals North America, Inc. NGIZXNT70J2LYT3FBI09 911365BN3 196000.00000000 PA USD 189520.42000000 0.052563566250 Long DBT CORP US N 2 2030-07-15 Fixed 4.00000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FUAM6 6075161.41000000 PA USD 713793.80000000 0.197971003312 Long ABS-MBS USGSE US N 2 2050-07-25 Floating 2.28823920 N N N N N N Kedrion SpA 81560047FA58E1BEDF67 49272YAB9 1120000.00000000 PA USD 1106359.86000000 0.306849361130 Long DBT CORP IT N 2 2029-09-01 Fixed 6.50000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137AUD48 243738.11000000 PA USD 11454.01000000 0.003176774373 Long ABS-MBS USGSE US N 2 2041-07-15 Fixed 3.50000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136AWLE5 5113802.70000000 PA USD 560534.14000000 0.155464373726 Long ABS-MBS USGSE US N 2 2047-05-25 Floating 2.33823960 N N N N N N Chobani LLC / Chobani Finance Corp., Inc. N/A 17027NAC6 425000.00000000 PA USD 442552.50000000 0.122742117462 Long DBT CORP US N 2 2029-07-01 Fixed 7.62500000 N N N N N N NRG Energy, Inc. 5E2UPK5SW04M13XY7I38 629377CX8 875000.00000000 PA USD 898715.13000000 0.249259010064 Long DBT CORP US N 2 2034-11-01 Fixed 6.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RV78 1884324.30000000 PA USD 66195.94000000 0.018359471120 Long ABS-MBS USGA US N 2 2067-02-20 Variable 2.31231960 N N N N N N AAdvantage Loyalty IP Ltd. N/A 02376CBT1 44662.50000000 PA USD 44802.07000000 0.012425872497 Long LON CORP US N 2 2032-05-28 Variable 6.91763000 N N N N N N PK Alift Loan Funding 7 LP N/A 69291NAA0 239648.37000000 PA USD 240109.84000000 0.066594562645 Long ABS-O CORP US N 2 2043-03-15 Fixed 4.75000000 N N N N N N Capital One Financial Corp. ZUE8T73ROZOF6FLBAR73 14040HDM4 295000.00000000 PA USD 293130.34000000 0.081299820075 Long DBT CORP US N 2 2031-09-11 Fixed 4.49300000 N N N N N N Enel Finance International NV 0YQH6LCEF474UTUV4B96 29278GBG2 410000.00000000 PA USD 409186.94000000 0.113488165705 Long DBT CORP NL N 2 2030-09-30 Fixed 4.37500000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137HANZ5 3709734.26000000 PA USD 781950.40000000 0.216874264288 Long ABS-MBS USGSE US N 2 2046-12-15 Fixed 4.00000000 N N N N N N Credit Agricole Corporate and Investment Bank SA 1VUV7VQFKUOQSJ21A208 22533UB51 1750000.00000000 PA USD 1748944.75000000 0.485070544035 Long STIV CORP FR N 2 2026-02-05 None 0.00000000 N N N N N N Clarios Global LP 549300474L1ZLXZY2P98 C8000CAP8 131249.05500000 PA USD 131617.86000000 0.036504267476 Long LON CORP US N 2 2032-01-28 Variable 6.42192000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 21190.65000000 0.005877235472 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 923618.26000000 USD 727100.00000000 CHF 2026-03-17 21190.65000000 N N N BANK5 Trust N/A 06211UBR5 10893014.94000000 PA USD 427090.06000000 0.118453603383 Long ABS-MBS CORP US N 2 2057-06-15 Variable 1.33367040 N N N N N N Boise Cascade Co. 549300Z8B8LSRHC7XA55 09739DAD2 475000.00000000 PA USD 473884.56000000 0.131432077159 Long DBT CORP US N 2 2030-07-01 Fixed 4.87500000 N N N N N N J.P. Morgan Chase Commercial Mortgage Securities Trust N/A 46634SAM7 432000.00000000 PA USD 427161.30000000 0.118473361826 Long ABS-MBS CORP US N 2 2045-05-15 Variable 4.96396440 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137H1X68 6402273.62000000 PA USD 1270709.82000000 0.352431889971 Long ABS-MBS USGSE US N 2 2051-08-25 Fixed 4.00000000 N N N N N N N/A N/A N/A 3972000.00000000 PA -10230.68000000 -0.00283748329 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2028-03-18 4180.97000000 USD 0.00000000 USD 3972000.00000000 AUD -10230.68000000 N N N CCO Holdings LLC / CCO Holdings Capital Corp. N/A 1248EPCQ4 941000.00000000 PA USD 860248.30000000 0.238590218980 Long DBT CORP US N 2 2032-02-01 Fixed 4.75000000 N N N N N N N/A N/A N/A 186000.00000000 PA USD 18391.43000000 0.005100870656 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 32289.82000000 USD 186000.00000000 USD 18391.43000000 N N N TIAA Real Estate CDO Ltd. 5493005Y5RSPJ6PO8N21 88631FAA6 1081996.20000000 PA USD 125.51000000 0.000034810249 Long ABS-CBDO CORP KY N 2 2038-12-28 Fixed 8.00000000 Y N N N N N N/A N/A N/A 405000.00000000 PA USD 12014.41000000 0.003332201543 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Receipt of notional amount upon default event with regard to the reference instrument 2063-05-11 18248.21000000 USD 0.00000000 USD 405000.00000000 USD 12014.41000000 N N N Home RE Ltd. N/A 43730VAE8 300000.00000000 PA USD 304530.78000000 0.084461736787 Long ABS-MBS CORP BM N 2 2034-01-25 Floating 7.84728000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137ASB78 737772.74000000 PA USD 155103.00000000 0.043017880691 Long ABS-MBS USGSE US N 2 2042-07-15 Fixed 5.00000000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61690FAS2 1263000.00000000 PA USD 1119137.99000000 0.310393380728 Long ABS-MBS CORP US N 2 2048-04-15 Variable 3.97260360 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379PE94 855164.21000000 PA USD 125457.72000000 0.034795750119 Long ABS-MBS USGA US N 2 2044-11-20 Fixed 4.00000000 N N N N N N ON Semiconductor Corp. ZV20P4CNJVT8V1ZGJ064 682189AU9 118000.00000000 PA USD 115555.01000000 0.032049229437 Long DBT CORP US N 2 2029-03-01 Fixed 0.50000000 N N N N Y ON Semiconductor Corp. USD XXXX N N N Southern Power Co. 5LADC78JBG2BMZD5XF57 843646AX8 170000.00000000 PA USD 169636.08000000 0.047048636392 Long DBT CORP US N 2 2030-10-01 Fixed 4.25000000 N N N N N N Structured Asset Mortgage Investments II Trust N/A 86362XAP3 443272.67000000 PA USD 402277.79000000 0.111571910118 Long ABS-MBS CORP US N 2 2037-01-25 Floating 4.14707040 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RTH9 2105440.24700000 PA USD 85647.20000000 0.023754286062 Long ABS-MBS USGA US N 2 2066-04-20 Variable 2.31192000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136BFDQ3 7542337.46000000 PA USD 1682980.59000000 0.466775357193 Long ABS-MBS USGSE US N 2 2049-11-25 Fixed 4.50000000 N N N N N N Eversource Energy SJ7XXD41SQU3ZNWUJ746 30040WAT5 450000.00000000 PA USD 462011.86000000 0.128139178942 Long DBT CORP US N 2 2028-03-01 Fixed 5.45000000 N N N N N N N/A N/A N/A 5302300.00000000 PA 1232380.37000000 0.341801201287 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Put Purchased N/A Swaption 1.00000000 2.49500000 AUD 2026-11-23 XXXX 903483.42000000 N N N NRW Bank 52990002O5KK6XOGJ020 62939MDA2 1750000.00000000 PA USD 1737613.85000000 0.481927914271 Long STIV CORP DE N 2 2026-04-10 None 0.00000000 N N N N N N N/A N/A N/A 23202000.00000000 PA -23719.73000000 -0.00657867684 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 0.00000000 USD 11282.89000000 USD 23202000.00000000 SEK -23719.73000000 N N N LSTAR Commercial Mortgage Trust N/A 54910TAJ1 1149000.00000000 PA USD 1135882.10000000 0.315037366507 Long ABS-MBS CORP US N 2 2050-03-10 Fixed 3.54900000 N N N N N N Transnet SOC Ltd. 378900B07CD6F01EA796 N/A 650000.00000000 PA USD 686224.34000000 0.190324602269 Long DBT CORP ZA N 2 2028-02-06 Fixed 8.25000000 N N N N N N Terex Corp. YAWJZJYEQ7M1SYMOS462 880779BB8 275000.00000000 PA USD 281752.41000000 0.078144146521 Long DBT CORP US N 2 2032-10-15 Fixed 6.25000000 N N N N N N N/A N/A N/A 289000.00000000 PA USD -5041.44000000 -0.00139824545 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BB-13 137BEMAL2 Y Receipt of notional amount upon default event with regard to the reference instrument 2072-12-16 108736.25000000 USD 0.00000000 USD 289000.00000000 USD -5041.44000000 N N N MortgageIT Trust N/A 61915RAN6 45161.88000000 PA USD 44272.35000000 0.012278954438 Long ABS-MBS CORP US N 2 2035-08-25 Floating 4.58206920 N N N N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AC0 95000.00000000 PA USD 98635.49000000 0.027356593623 Long DBT CORP US N 2 2034-01-15 Fixed 6.50000000 N N N N N N Ares Capital Corp. WEQ82666OJYSI5GUAB47 04010LBE2 905000.00000000 PA USD 929436.00000000 0.257779455964 Long DBT CORP US N 2 2027-01-15 Fixed 7.00000000 N N N N N N CQP Holdco LP 549300LPL012JY5D4B69 12657QAE3 1510377.80570000 PA USD 1506292.23000000 0.417770768049 Long LON CORP US N 2 2030-12-31 Variable 5.67194000 N N N N N N Banijay Entertainment SAS 5493008PW5N0VVCH7279 F6456UAE3 173668.60160000 PA USD 174667.20000000 0.048444019589 Long LON CORP FR N 2 2028-03-01 Variable 6.43751000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380XSS7 1024323.64000000 PA USD 211998.94000000 0.058797992995 Long ABS-MBS USGA US N 2 2048-07-20 Fixed 4.50000000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 94989WBB2 262000.00000000 PA USD 237112.54000000 0.065763260260 Long ABS-MBS CORP US N 2 2048-11-15 Fixed 3.85200000 N N N N N N Wells Fargo Bank NA KB1H1DSPRFMYMCUFXT09 95001KUR3 1500000.00000000 PA USD 1499837.70000000 0.415980601505 Long STIV CORP US N 2 2026-12-17 Fixed 3.75000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46643ABL6 436000.00000000 PA USD 424719.68000000 0.117796177518 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.53623400 N N N N N N GE HealthCare Technologies, Inc. 549300OI9J7XOWZMUN85 36266GAA5 460000.00000000 PA USD 469475.85000000 0.130209319631 Long DBT CORP US N 2 2029-08-14 Fixed 4.80000000 N N N N N N Toll Brothers Finance Corp. N/A 88947EAU4 485000.00000000 PA USD 478640.79000000 0.132751219501 Long DBT CORP US N 2 2029-11-01 Fixed 3.80000000 N N N N N N N/A N/A N/A 259100.00000000 PA USD 24455.05000000 0.006782618151 N/A DIR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Call Purchased N/A Swaption 1.00000000 4.20000000 USD 2030-08-26 XXXX -7854.72000000 N N N Qnity Electronics, Inc. 254900RSUG4J9TFFZX53 74743LAB6 75000.00000000 PA USD 77500.80000000 0.021494878679 Long DBT CORP US N 2 2033-08-15 Fixed 6.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382LMH1 4798481.73000000 PA USD 778293.10000000 0.215859910632 Long ABS-MBS USGA US N 2 2050-11-20 Fixed 3.00000000 N N N N N N N/A N/A N/A 325000.00000000 PA USD 5837.39000000 0.001619002511 N/A DCR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Markit CMBX North American Index Series BBB-6 137BERAF4 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 19585.54000000 USD 325000.00000000 USD 5837.39000000 N N N Clydesdale Acquisition Holdings, Inc. 254900QKSDYFR3K5YD98 18972FAE2 441159.59880000 PA USD 439507.46000000 0.121897574368 Long LON CORP US N 2 2032-04-01 Variable 6.92192000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380YYA7 2451055.44000000 PA USD 485756.05000000 0.134724639781 Long ABS-MBS USGA US N 2 2044-10-20 Fixed 5.00000000 N N N N N N Republic of Chile 549300FLZTJM5YJF8D34 168863EB0 400000.00000000 PA USD 408100.00000000 0.113186702450 Long DBT NUSS CL N 2 2029-01-22 Fixed 4.85000000 N N N N N N Wells Fargo Bank NA KB1H1DSPRFMYMCUFXT09 95001KUN2 1500000.00000000 PA USD 1500819.30000000 0.416252848668 Long STIV CORP US N 2 2026-09-16 Fixed 3.80000000 N N N N N N Deep Blue Operating I LLC N/A 24369TAD3 119331.68000000 PA USD 119854.35000000 0.033241653150 Long LON CORP US N 2 2032-10-01 Variable 6.43751000 N N N N N N N/A N/A N/A 1201500.00000000 PA USD 38946.18000000 0.010801739003 N/A DIR FR N 2 BNP PARIBAS NY BRANCH 549300QVEGJN81E8T563 Put Purchased N/A Swaption 1.00000000 4.12500000 USD 2027-11-12 XXXX -16683.27000000 N N N Saluda Grade Alternative Mortgage Trust N/A 795935AA3 1400000.00000000 PA USD 1409787.54000000 0.391005152680 Long ABS-MBS CORP US N 2 2030-04-25 Fixed 7.76199960 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382CCP4 7346759.74000000 PA USD 972812.37000000 0.269809909981 Long ABS-MBS USGA US N 2 2046-03-20 Fixed 4.00000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382FGR9 3786554.74000000 PA USD 438214.95000000 0.121539096189 Long ABS-MBS USGA US N 2 2043-08-20 Floating 2.21015880 N N N N N N N/A N/A N/A 1.00000000 NC N/A -102.76000000 -0.00002850052 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 8941.81000000 USD 1366800.00000000 JPY 2026-02-13 -102.76000000 N N N COMM Mortgage Trust N/A 12592XBG0 354308.85000000 PA USD 341024.22000000 0.094583207345 Long ABS-MBS CORP US N 2 2048-03-10 Variable 3.92600160 N N N N N N Alternative Loan Trust N/A 02146QAA1 176012.04000000 PA USD 162583.68000000 0.045092650358 Long ABS-MBS CORP US N 2 2046-08-25 Floating 4.62817080 N N N N N N FHLMC 5493000ITFTMJUMPDE35 35565XBE9 966000.00000000 PA USD 1287285.51000000 0.357029164394 Long ABS-MBS CORP US N 2 2050-08-25 Floating 13.81176000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382TD27 8404884.25000000 PA USD 1129434.90000000 0.313249232942 Long ABS-MBS USGA US N 2 2051-06-20 Floating 2.51016120 N N N N N N Canadian Dollar N/A N/A 0.01000000 OU Currencies 0.01000000 0.000000002773 Long STIV CA N 1 N N N PRET LLC 2549002NGM9N1GT2FK83 69383TAA6 246289.68000000 PA USD 246168.21000000 0.068274854050 Long ABS-MBS CORP US N 2 2056-01-25 Fixed 5.17960080 N N N N N N Ford Motor Credit Co. LLC UDSQCVRUX5BONN0VY111 345397D83 200000.00000000 PA USD 202857.30000000 0.056262555390 Long DBT CORP US N 2 2027-03-05 Fixed 5.80000000 N N N N N N Jane Street Group / JSG Finance, Inc. N/A 47077WAE8 945000.00000000 PA USD 983375.24000000 0.272739526310 Long DBT CORP US N 2 2033-05-01 Fixed 6.75000000 N N N N N N Smyrna Ready Mix Concrete LLC N/A 83283EAK9 67108.05420000 PA USD 67150.33000000 0.018624171578 Long LON CORP US N 2 2029-03-30 Variable 6.67190000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XBQ6 824888.49000000 PA USD 830095.35000000 0.230227285925 Long ABS-MBS CORP US N 2 2028-08-25 Floating 15.56175960 N N N N N N Gabonese Republic N/A N/A 590000.00000000 PA USD 504398.98000000 0.139895264066 Long DBT NUSS GA N 2 2031-02-06 Fixed 6.62500000 N N N N N N DoorDash, Inc. 549300NUQ43FGGSK5051 25809KAA3 217000.00000000 PA USD 217651.00000000 0.060365594156 Long DBT CORP US N 2 2030-05-15 None 0.00000000 N N N N N DoorDash, Inc. USD XXXX N N N Freedom Mortgage Corp. 549300LYRWPSYPK6S325 35640YAL1 780000.00000000 PA USD 860323.62000000 0.238611109013 Long DBT CORP US N 2 2030-10-01 Fixed 12.25000000 N N N N N N First Eagle Holdings, Inc. 549300ZKYR56QRODD510 32009UAD9 512500.00000000 PA USD 509217.44000000 0.141231665925 Long LON CORP US N 2 2032-08-16 Variable 7.17190000 N N N N N N N/A N/A N/A 1150000.00000000 PA USD -16627.08000000 -0.00461152746 N/A DCR US N 2 J P MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 Markit CMBX North American Index Series BBB-13 137BERAM9 Y Receipt of notional amount upon default event with regard to the reference instrument 2072-12-16 222764.58000000 USD 0.00000000 USD 1150000.00000000 USD -16627.08000000 N N N N/A N/A N/A 1.00000000 NC N/A -9586.29000000 -0.00265876146 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 824237.49000000 USD 125971100.00000000 JPY 2026-02-13 -9586.29000000 N N N Post Holdings, Inc. JM1I5YUAURL6DC8N1468 737446AT1 158000.00000000 PA USD 173879.00000000 0.048225411995 Long DBT CORP US N 2 2027-08-15 Fixed 2.50000000 N N N N N Post Holdings, Inc. USD XXXX N N N N/A N/A N/A 8971000.00000000 PA -51826.92000000 -0.01437421752 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 9307.63000000 USD 0.00000000 USD 8971000.00000000 AUD -51826.92000000 N N N N/A N/A N/A 4317900.00000000 PA 792905.68000000 0.219912715691 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Put Purchased N/A Swaption 1.00000000 1.44500000 AUD 2030-03-27 XXXX 627782.28000000 N N N Commonwealth Bank of Australia MSFSBD3QN1GSN7Q6C537 20272FBQ7 1750000.00000000 PA USD 1750027.56000000 0.485370861833 Long STIV CORP AU N 2 2026-04-09 Floating 4.02999840 N N N N N N Hess Midstream Operations LP N/A 428102AF4 184000.00000000 PA USD 186564.41000000 0.051743715664 Long DBT CORP US N 2 2030-10-15 Fixed 5.50000000 N N N N N N Pharmacia LLC N/A 71713UAW2 955000.00000000 PA USD 1023147.89000000 0.283770487107 Long DBT CORP US N 2 2028-12-01 Fixed 6.60000000 N N N N N N GS Mortgage Securities Trust 549300WF5YRKNHB1FX69 36198EAP0 277763.69880000 PA USD 274395.81000000 0.076103790493 Long ABS-MBS CORP US N 2 2046-07-10 Variable 3.85800120 N N N N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AD8 145000.00000000 PA USD 152065.84000000 0.042175523119 Long DBT CORP US N 2 2036-01-15 Fixed 6.75000000 N N N N N N Repligen Corp. 54930006QJ0T5AUO1E71 759916AD1 173000.00000000 PA USD 184134.41000000 0.051069754167 Long DBT CORP US N 2 2028-12-15 Fixed 1.00000000 N N N N Y Repligen Corp. USD XXXX N N N Haleon US Capital LLC 549300N8C3A3L0UVQB07 36264FAL5 485000.00000000 PA USD 474694.79000000 0.131656794782 Long DBT CORP US N 2 2029-03-24 Fixed 3.37500000 N N N N N N N/A N/A N/A 614500.00000000 PA USD 44777.00000000 0.012418919322 N/A DIR N/A N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Call Purchased N/A Swaption 1.00000000 4.01000000 USD 2032-03-29 XXXX -28901.55000000 N N N GS Mortgage Securities Trust N/A 36257UAN7 13617313.70000000 PA USD 331712.31000000 0.092000545285 Long ABS-MBS CORP US N 2 2052-09-10 Variable 0.80642880 N N N N N N Beach Acquisition Bidco LLC 254900F2FNX3GBTB6202 07337JAC1 458511.00000000 PA USD 504777.25000000 0.140000177406 Long DBT CORP US N 2 2033-07-15 Fixed 10.00000000 N N Y N N N Hercules Capital, Inc. 549300UJ5OC256GR2B73 427096AL6 72000.00000000 PA USD 72525.60000000 0.020115004918 Long DBT CORP US N 2 2028-09-01 Fixed 4.75000000 N N N N Y Hercules Capital, Inc. USD XXXX N N N FHLMC Multifamily Structured Credit Risk 549300XWC4JMK6CH6K84 35563FAB7 555000.00000000 PA USD 577677.47000000 0.160219083335 Long ABS-MBS CORP US N 2 2051-01-25 Floating 7.44728040 N N N N N N Alternative Loan Trust N/A 02146QAD5 2164103.65000000 PA USD 1923281.33000000 0.533422866032 Long ABS-MBS CORP US N 2 2046-08-25 Floating 4.16706840 N N N N N N CFCRE Commercial Mortgage Trust N/A 12532BAD9 908000.00000000 PA USD 902628.54000000 0.250344395933 Long ABS-MBS CORP US N 2 2054-12-10 Fixed 3.83900000 N N N N N N Banijay Entertainment SAS 969500CE0IE2EZ5VBG13 060335AB2 795000.00000000 PA USD 827539.35000000 0.229518378276 Long DBT CORP FR N 2 2029-05-01 Fixed 8.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RC87 1611086.74000000 PA USD 82872.69000000 0.022984774575 Long ABS-MBS USGA US N 2 2066-10-20 Variable 2.41711920 N N N N N N Boyd Gaming Corp. 254900787YGRYS2A1Z35 103304BV2 490000.00000000 PA USD 477663.43000000 0.132480148304 Long DBT CORP US N 2 2031-06-15 Fixed 4.75000000 N N N N N N N/A N/A N/A 921000.00000000 PA USD 95131.25000000 0.026384691221 N/A DCR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 163950.69000000 USD 921000.00000000 USD 95131.25000000 N N N Hilton Domestic Operating Co., Inc. 5493003EG7H0N1E4XV50 432833AS0 405000.00000000 PA USD 412804.35000000 0.114491455853 Long DBT CORP US N 2 2033-09-15 Fixed 5.75000000 N N N N N N Bloom Energy Corp. 549300XB5J9BFW5JXV97 093712AN7 216000.00000000 PA USD 244944.00000000 0.067935318904 Long DBT CORP US N 2 2030-11-15 None 0.00000000 N N N N N Bloom Energy Corp. USD XXXX N N N Standard Building Solutions, Inc. 54930064UHXCIUWVI755 853191AA2 290000.00000000 PA USD 299225.48000000 0.082990309655 Long DBT CORP US N 2 2032-08-15 Fixed 6.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -2583.84000000 -0.00071662908 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 217100.00000000 EUR 255265.44000000 USD 2026-03-17 -2583.84000000 N N N N/A N/A N/A 884000.00000000 PA USD -15042.72000000 -0.00417210456 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BBB-11 137BERAK3 Y Receipt of notional amount upon default event with regard to the reference instrument 2054-11-18 108584.66000000 USD 0.00000000 USD 884000.00000000 USD -15042.72000000 N N N N/A N/A N/A 234000.00000000 PA USD -13420.12000000 -0.00372207578 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Receipt of notional amount upon default event with regard to the reference instrument 2063-05-11 30905.19000000 USD 0.00000000 USD 234000.00000000 USD -13420.12000000 N N N N/A N/A N/A 605000.00000000 PA USD 71633.37000000 0.019867544561 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-10 137BEMAI9 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 243818.47000000 USD 0.00000000 USD 605000.00000000 USD 71633.37000000 N N N Towd Point Mortgage Trust N/A 89177JAB4 1033000.00000000 PA USD 951465.72000000 0.263889407845 Long ABS-MBS CORP US N 2 2058-12-25 Variable 3.75000120 N N N N N N Eagle Funding Luxco SARL 894500VDP08MVIZ6OA60 26951TAA8 800000.00000000 PA USD 813656.00000000 0.225667825457 Long DBT NUSS LU N 2 2030-08-17 Fixed 5.50000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46639NAX9 521000.00000000 PA USD 489284.13000000 0.135703154217 Long ABS-MBS CORP US N 2 2045-07-15 Variable 3.98112840 N N N N N N Scientific Games Holdings LP N/A 80875CAE7 0.00880000 PA USD 0.01000000 0.000000002773 Long LON CORP US N 2 2029-04-04 Variable 6.65170000 N N N N N N New York Life Global Funding 635400DPNHEAUHB7ZI15 64952WFD0 455000.00000000 PA USD 464966.70000000 0.128958705029 Long DBT CORP US N 2 2028-06-13 Fixed 4.90000000 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 494553AD2 555000.00000000 PA USD 569651.33000000 0.157993030113 Long DBT CORP US N 2 2029-02-01 Fixed 5.00000000 N N N N N N Live Nation Entertainment, Inc. 5493007B9BM9ZXJINO78 538034BC2 164000.00000000 PA USD 174004.00000000 0.048260080796 Long DBT CORP US N 2 2030-01-15 Fixed 2.87500000 N N N N Y Live Nation Entertainment, Inc. USD XXXX N N N Targa Resources Corp. 5493003QENHHS261UR94 87612GAE1 440000.00000000 PA USD 463655.41000000 0.128595018209 Long DBT CORP US N 2 2029-03-01 Fixed 6.15000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XCH5 2289966.11000000 PA USD 2325112.97000000 0.644871036264 Long ABS-MBS CORP US N 2 2028-09-25 Floating 16.06176000 N N N N N N Smyrna Ready Mix Concrete LLC 549300S7RFWHQFOIOY93 83283WAE3 965000.00000000 PA USD 1029351.03000000 0.285490930531 Long DBT CORP US N 2 2031-11-15 Fixed 8.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UZV5 3385164.43000000 PA USD 98305.18000000 0.027264982009 Long ABS-MBS USGA US N 2 2067-04-20 Variable 1.87849080 N N N N N N Amphenol Corp. 549300D3L3G0R4U4VT04 032095AX9 260000.00000000 PA USD 259989.31000000 0.072108141806 Long DBT CORP US N 2 2028-11-15 Fixed 3.90000000 N N N N N N Qnity Electronics, Inc. 254900RSUG4J9TFFZX53 74743LAA8 130000.00000000 PA USD 132595.32000000 0.036775366408 Long DBT CORP US N 2 2032-08-15 Fixed 5.75000000 N N N N N N Teva Pharmaceutical Finance Netherlands III BV 5493004T21MOAFINJP35 88167AAR2 989000.00000000 PA USD 1135761.67000000 0.315003965197 Long DBT CORP NL N 2 2031-09-15 Fixed 8.12500000 N N N N N N N/A N/A N/A 402000.00000000 PA USD 29632.13000000 0.008218483414 N/A DCR US N 2 MERRILL LYNCH INTERNATIONAL AHYI0DDQ2LCHPGHJC422 Markit CMBX North American Index Series A-13 137BEOAM6 Y Payout of notional amount upon default event with regard to the reference instrument 2072-12-16 0.00000000 USD 52395.51000000 USD 402000.00000000 USD 29632.13000000 N N N Royalty Pharma plc 549300FGFN7VOK8BZR03 78081BAT0 565000.00000000 PA USD 564241.86000000 0.156492711389 Long DBT CORP GB N 2 2031-03-25 Fixed 4.45000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -21379.33000000 -0.00592956594 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 1420800.00000000 CAD 1025182.19000000 USD 2026-04-15 -21379.33000000 N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 06051GGC7 470000.00000000 PA USD 470665.41000000 0.130539244585 Long DBT CORP US N 2 2027-11-25 Fixed 4.18300000 N N N N N N Viking Cruises Ltd. 549300IJP90T4MV2GL84 92676XAG2 400000.00000000 PA USD 426824.00000000 0.118379811533 Long DBT CORP BM N 2 2031-07-15 Fixed 9.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379B6E3 576842.68000000 PA USD 119847.60000000 0.033239781035 Long ABS-MBS USGA US N 2 2044-05-20 Fixed 5.00000000 N N N N N N Republic of Angola 549300QHR2R3J8JSGK83 035198AF7 800000.00000000 PA USD 784669.97000000 0.217628538143 Long DBT NUSS AO N 2 2032-04-14 Fixed 8.75000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B1S47 4309457.29000000 PA USD 505020.56000000 0.140067659534 Long ABS-MBS USGSE US N 2 2048-06-25 Floating 2.38824000 N N N N N N Philip Morris International, Inc. HL3H1H2BGXWVG3BSWR90 718172DA4 900000.00000000 PA USD 929327.94000000 0.257749485478 Long DBT CORP US N 2 2030-02-15 Fixed 5.12500000 N N N N N N Coinbase Global, Inc. 5493004G3J2SC154DU06 19260QAJ6 109000.00000000 PA USD 92639.87000000 0.025693705956 Long DBT CORP US N 2 2032-10-01 None 0.00000000 N N N N Y Coinbase Global, Inc. USD XXXX N N N Viking Cruises Ltd. 549300IJP90T4MV2GL84 92676XAG2 430000.00000000 PA USD 458835.80000000 0.127258297398 Long DBT CORP BM N 2 2031-07-15 Fixed 9.12500000 N N N N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 023135CT1 240000.00000000 PA USD 240107.37000000 0.066593877589 Long DBT CORP US N 2 2030-11-20 Fixed 4.10000000 N N N N N N VEGAS N/A 92254BAC9 358000.00000000 PA USD 362867.55000000 0.100641463883 Long ABS-MBS CORP US N 2 2036-07-10 Variable 6.21650160 N N N N N N JPMDB Commercial Mortgage Securities Trust N/A 46591ABF1 504000.00000000 PA USD 482110.98000000 0.133713678121 Long ABS-MBS CORP US N 2 2051-06-15 Fixed 4.52160000 N N N N N N Tyler Technologies, Inc. 25490040SMU4Z8LBCW70 902252AB1 129000.00000000 PA USD 128548.50000000 0.035652979220 Long DBT CORP US N 2 2026-03-15 Fixed 0.25000000 N N N N Y Tyler Technologies, Inc. USD XXXX N N N Benchmark Mortgage Trust N/A 081921BA5 20386517.34000000 PA USD 399510.50000000 0.110804401101 Long ABS-MBS CORP US N 2 2057-11-15 Variable 0.56024280 N N N N N N Republic of Costa Rica 549300S1EK2VN6XVJP58 N/A 560000.00000000 PA USD 585625.60000000 0.162423500452 Long DBT NUSS CR N 2 2031-02-19 Fixed 6.12500000 N N N N N N Pacific Gas and Electric Co. 1HNPXZSMMB7HMBMVBS46 694308KL0 440000.00000000 PA USD 461693.87000000 0.128050984285 Long DBT CORP US N 2 2029-01-15 Fixed 6.10000000 N N N N N N Braskem Idesa SAPI YH0V7ZHY352ITDGEYB83 N/A 500000.00000000 PA USD 328765.69000000 0.091183299019 Long DBT CORP MX N 2 2029-11-15 Fixed 7.45000000 Y N N N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756CF5 390000.00000000 PA USD 395109.00000000 0.109583643270 Long DBT NUSS BR N 2 2033-10-20 Fixed 6.00000000 N N N N N N Seagate Data Storage Technology Pte. Ltd. N/A 81180LAR6 339000.00000000 PA USD 383446.29000000 0.106348985866 Long DBT CORP SG N 2 2032-12-01 Fixed 9.62500000 N N N N N N Stonex Escrow Issuer LLC N/A 86189AAA7 250000.00000000 PA USD 258122.25000000 0.071590311949 Long DBT CORP US N 2 2032-07-15 Fixed 6.87500000 N N N N N N Madison IAQ LLC 549300IXDNBXNHUPBU73 55759VAB4 437012.76350000 PA USD 437725.09000000 0.121403233317 Long LON CORP US N 2 2028-06-21 Variable 6.12759000 N N N N N N Sabey Data Center Issuer LLC N/A 78520EAK2 681000.00000000 PA USD 684937.00000000 0.189967557991 Long ABS-O CORP US N 2 2051-01-20 Fixed 5.48200000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B66Y4 4683068.04000000 PA USD 626112.62000000 0.173652592062 Long ABS-MBS USGSE US N 2 2049-11-25 Floating 2.18823840 N N N N N N Arcosa, Inc. 549300WFHLTCZV7D6V29 039653AC4 115000.00000000 PA USD 121428.73000000 0.033678308089 Long DBT CORP US N 2 2032-08-15 Fixed 6.87500000 N N N N N N Celanese US Holdings LLC CD30XVRLT4QO00B1C706 15089QAP9 15000.00000000 PA USD 15662.03000000 0.004343870446 Long DBT CORP US N 2 2032-07-15 Fixed 7.37899920 N N N N N N Banque Federative du Credit Mutuel SA VBHFXSYT7OG62HNT8T76 06675DCU4 285000.00000000 PA USD 284417.48000000 0.078883304779 Long DBT CORP FR N 2 2031-01-15 Fixed 4.54100000 N N N N N N Republic of Colombia 549300MHDRBVRF6B9117 195325EL5 967000.00000000 PA USD 1034593.30000000 0.286944876267 Long DBT NUSS CO N 2 2035-11-14 Fixed 8.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -292.99000000 -0.00008126089 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 19800.00000000 CAD 14291.69000000 USD 2026-04-15 -292.99000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XDB7 265306.79000000 PA USD 276013.51000000 0.076552460251 Long ABS-MBS CORP US N 2 2029-01-25 Floating 14.06175840 N N N N N N XHR LP 549300M88BPT83ZL2164 98372MAE5 395000.00000000 PA USD 408430.40000000 0.113278339026 Long DBT CORP US N 2 2030-05-15 Fixed 6.62500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -847.62000000 -0.00023508775 N/A DFE N/A N 2 Westpac Banking EN5TNI6CI43VEPAMHL14 30200.00000000 AUD 20177.10000000 USD 2026-04-15 -847.62000000 N N N F&G Annuities & Life, Inc. N/A 30190AAC8 440000.00000000 PA USD 459590.11000000 0.127467505586 Long DBT CORP US N 2 2028-01-13 Fixed 7.40000000 N N N N N N T-Mobile USA, Inc. 549300V2JRLO5DIFGE82 87264ACA1 500000.00000000 PA USD 481157.24000000 0.133449157941 Long DBT CORP US N 2 2028-02-15 Fixed 2.05000000 N N N N N N Chefs' Warehouse, Inc. (The) 549300JYEDC8C547E980 163086AE1 88000.00000000 PA USD 135581.60000000 0.037603612391 Long DBT CORP US N 2 2028-12-15 Fixed 2.37500000 N N N N N Chefs' Warehouse Inc. (The) USD XXXX N N N Lendbuzz Securitization Trust N/A 525952AE7 291000.00000000 PA USD 292273.47000000 0.081062166829 Long ABS-O CORP US N 2 2033-02-15 Fixed 6.86000000 N N N N N N AT&T, Inc. 549300Z40J86GGSTL398 00206RGL0 910000.00000000 PA USD 912441.08000000 0.253065907928 Long DBT CORP US N 2 2028-02-15 Fixed 4.10000000 N N N N N N Morgan Stanley Capital I Trust N/A 61767FBF7 663000.00000000 PA USD 653441.46000000 0.181232257049 Long ABS-MBS CORP US N 2 2049-08-15 Variable 3.69100080 N N N N N N FNMA 5493002KQF9IH3CTQZ40 62548QAD3 1300223.71000000 PA USD 1322733.96000000 0.366860806547 Long ABS-MBS CORP US N 2 2050-03-25 Floating 7.56176040 N N N N N N GA Global Funding Trust 54930029I8ROQ4OROZ88 36143L2N4 500000.00000000 PA USD 501893.52000000 0.139200373707 Long DBT CORP US N 2 2027-09-23 Fixed 4.40000000 N N N N N N Republic of Cote d'Ivoire 254900ICW11T82O6H590 N/A 1010000.00000000 PA 1181732.02000000 0.327753860632 Long DBT NUSS CI N 2 2032-01-30 Fixed 4.87500000 N N N N N N FMC Corp. CKDHZ2X64EEBQCSP7013 302491AZ8 265000.00000000 PA USD 212743.09000000 0.059004383303 Long DBT CORP US N 2 2055-11-01 Fixed 8.45000000 N N N N N N Argentine Peso N/A N/A 3.20000000 OU Currencies 0.00000000 0.000000 Long STIV AR N 1 N N N Builders FirstSource, Inc. 549300W0SKP6L3H7DP63 12008RAT4 135000.00000000 PA USD 142003.67000000 0.039384776141 Long DBT CORP US N 2 2035-05-15 Fixed 6.75000000 N N N N N N BWAY Mortgage Trust N/A 12429EAL1 665000.00000000 PA USD 371173.87000000 0.102945225143 Long ABS-MBS CORP US N 2 2044-02-10 Variable 4.86636120 N N N N N N Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc. N/A N/A 100000.00000000 PA 120935.48000000 0.033541504999 Long DBT CORP US N 2 2033-05-15 Fixed 5.50000000 N N N N N N Republic of Turkiye (The) 5493000PCHOG3B6S3Q85 900123DJ6 600000.00000000 PA USD 680680.05000000 0.188786891162 Long DBT NUSS TR N 2 2030-07-13 Fixed 9.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UF88 4734666.77000000 PA USD 122840.93000000 0.034069982339 Long ABS-MBS USGA US N 2 2067-07-20 Variable 1.82855160 N N N N N N N/A N/A N/A 4605400.00000000 PA USD 61683.94000000 0.017108066069 N/A DIR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Put Purchased N/A Swaption 1.00000000 4.22500000 USD 2026-11-23 XXXX -174112.54000000 N N N Republic of Chile 549300FLZTJM5YJF8D34 168863EB0 320000.00000000 PA USD 326480.00000000 0.090549361960 Long DBT NUSS CL N 2 2029-01-22 Fixed 4.85000000 N N N N N N Genmab A/S / Genmab Finance LLC N/A 37230JAA0 350000.00000000 PA USD 359006.51000000 0.099570602855 Long DBT CORP DK N 2 2032-12-15 Fixed 6.25000000 N N N N N N Dexcom, Inc. 549300YSK3QDSFR5EU59 252131AM9 248000.00000000 PA USD 231694.00000000 0.064260425968 Long DBT CORP US N 2 2028-05-15 Fixed 0.37500000 N N N N Y Dexcom, Inc. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A -10460.39000000 -0.00290119345 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 887598.68000000 USD 135633600.00000000 JPY 2026-02-13 -10460.39000000 N N N N/A N/A N/A 4030200.00000000 PA USD 109895.34000000 0.030479517641 N/A DIR N/A N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Put Purchased N/A Swaption 1.00000000 4.38400000 USD 2028-01-31 XXXX -75695.37000000 N N N Mirion Technologies, Inc. 549300BNTOWVWFNVTJ65 60471AAC5 127000.00000000 PA USD 142928.99000000 0.039641414022 Long DBT CORP US N 2 2031-10-01 None 0.00000000 N N N N Y Mirion Technologies, Inc. USD XXXX N N N Cipher Compute LLC N/A 17253NAA5 130000.00000000 PA USD 134115.93000000 0.037197108215 Long DBT CORP US N 2 2030-11-15 Fixed 7.12500000 N N N N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 06051GLC1 955000.00000000 PA USD 991145.01000000 0.274894475208 Long DBT CORP US N 2 2028-11-10 Fixed 6.20400000 N N N N N N Graham Packaging Co., Inc. N/A N/A 74690.91000000 PA USD 74718.17000000 0.020723115107 Long LON CORP US N 2 2033-01-14 Variable 5.69111000 N N N N N N FHLMC N/A 35563PMX4 334849.14000000 PA USD 323766.50000000 0.089796771622 Long ABS-MBS CORP US N 2 2059-02-25 Variable 4.50000000 N N N N N N NRG Energy, Inc. 5E2UPK5SW04M13XY7I38 629377DD1 390000.00000000 PA USD 394253.73000000 0.109346433784 Long DBT CORP US N 2 2036-01-15 Fixed 6.00000000 N N N N N N COMM Mortgage Trust N/A 12592LBP6 679201.69480000 PA USD 659370.91000000 0.182876792440 Long ABS-MBS CORP US N 2 2047-11-10 Variable 4.73429160 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FTQF7 3956310.94000000 PA USD 827827.20000000 0.229598213592 Long ABS-MBS USGSE US N 2 2050-06-25 Fixed 4.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375BM66 1218631.03260000 PA USD 43341.83000000 0.012020874334 Long ABS-MBS USGA US N 2 2063-02-20 Variable 1.47741120 N N N N N N Alnylam Pharmaceuticals, Inc. 529900S3ZI14OWRJII50 02043QAB3 42000.00000000 PA USD 54853.56000000 0.015213657373 Long DBT CORP US N 2 2027-09-15 Fixed 1.00000000 N N N N Y Alnylam Pharmaceuticals, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38380LJK0 2461652.31000000 PA USD 87492.05000000 0.024265955967 Long ABS-MBS USGA US N 2 2068-08-20 Variable 2.15606160 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 95003VAD0 6393192.39230000 PA USD 189866.31000000 0.052659498984 Long ABS-MBS CORP US N 2 2057-07-15 Variable 1.02561120 N N N N N N N/A N/A N/A 1.00000000 NC N/A -11122.12000000 -0.00308472454 N/A DFE N/A N 2 Bank of America B4TYDEB6GKMZO031MB27 965144.26000000 USD 147522300.00000000 JPY 2026-02-13 -11122.12000000 N N N GNMA 549300M8ZYFG0OCMTT87 38379LWF9 465077.13000000 PA USD 15360.47000000 0.004260232657 Long ABS-MBS USGA US N 2 2040-11-20 Fixed 3.50000000 N N N N N N Weekley Homes LLC / Weekley Finance Corp. N/A 948565AD8 450000.00000000 PA USD 444454.34000000 0.123269593566 Long DBT CORP US N 2 2028-09-15 Fixed 4.87500000 N N N N N N FNMA or FHLMC N/A 01F040628 -1000000.00000000 PA USD -955164.99000000 -0.26491540189 Short ABS-MBS USGSE US N 2 2056-02-25 Fixed 4.00000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RFF8 1221096.19000000 PA USD 44400.28000000 0.012314435876 Long ABS-MBS USGA US N 2 2065-08-20 Variable 1.81059840 N N N N N N COMM Mortgage Trust N/A 12592KBE3 333005.07340000 PA USD 328934.92000000 0.091230235029 Long ABS-MBS CORP US N 2 2047-09-10 Variable 4.19299920 N N N N N N Parsons Corp. 549300ZXH0VRBSEPX752 70202LAD4 89000.00000000 PA USD 95477.67000000 0.026480770950 Long DBT CORP US N 2 2029-03-01 Fixed 2.62500000 N N N N Y Parsons Corp. USD XXXX N N N Genesee & Wyoming, Inc. G617XSG94Z7G0RMW3L02 37156QAZ9 296250.00000000 PA USD 296158.16000000 0.082139587194 Long LON CORP US N 2 2031-04-10 Variable 5.42194000 N N N N N N Venture Global LNG, Inc. 54930011XLBUWMQUC829 92332YAB7 985000.00000000 PA USD 1008113.03000000 0.279600562517 Long DBT CORP US N 2 2031-06-01 Fixed 8.37500000 N N N N N N Ameren Corp. XRZQ5S7HYJFPHJ78L959 023608AQ5 325000.00000000 PA USD 333036.66000000 0.092367854301 Long DBT CORP US N 2 2029-01-15 Fixed 5.00000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136BCLU2 5692939.86000000 PA USD 1298997.37000000 0.360277453571 Long ABS-MBS USGSE US N 2 2050-11-25 Fixed 4.50000000 N N N N N N N/A N/A N/A 25000.00000000 PA USD -901.43000000 -0.00025001198 N/A DCR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Markit CMBX North American Index Series BB-8 137BEMAG3 Y Receipt of notional amount upon default event with regard to the reference instrument 2057-10-17 10980.50000000 USD 0.00000000 USD 25000.00000000 USD -901.43000000 N N N Aker BP ASA 549300NFTY73920OYK69 00973RAL7 450000.00000000 PA USD 463600.85000000 0.128579885971 Long DBT CORP NO N 2 2028-06-13 Fixed 5.60000000 N N N N N N FHLMC 549300NKHCH87PYOHD44 35564MBE4 298000.00000000 PA USD 357736.99000000 0.099218500962 Long ABS-MBS CORP US N 2 2049-04-25 Floating 15.06175920 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29278NAG8 905000.00000000 PA USD 931217.85000000 0.258273652792 Long DBT CORP US N 2 2029-04-15 Fixed 5.25000000 N N N N N N BANK N/A 06541GAN7 9668339.79000000 PA USD 765336.11000000 0.212266284139 Long ABS-MBS CORP US N 2 2057-10-15 Variable 1.14426360 N N N N N N JPMDB Commercial Mortgage Securities Trust N/A 46591ABG9 402000.00000000 PA USD 366425.33000000 0.101628215626 Long ABS-MBS CORP US N 2 2051-06-15 Variable 4.75519680 N N N N N N New Economy Assets - Phase 1 Sponsor LLC N/A 643821AA9 546000.00000000 PA USD 460017.99000000 0.127586178280 Long ABS-O CORP US N 2 2061-10-20 Fixed 1.91000000 N N N N N N CVS Health Corp. 549300EJG376EN5NQE29 126650DQ0 135000.00000000 PA USD 118922.02000000 0.032983071042 Long DBT CORP US N 2 2031-02-28 Fixed 1.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RFK7 1728371.07000000 PA USD 87745.94000000 0.024336372462 Long ABS-MBS USGA US N 2 2065-08-20 Variable 2.21528160 N N N N N N Wells Fargo Commercial Mortgage Trust 549300V2DF3KW9L1CV04 94988QAU5 356000.00000000 PA USD 242973.56000000 0.067388816562 Long ABS-MBS CORP US N 2 2046-07-15 Variable 3.78974160 N N N N N N Chevy Chase Funding LLC 5493000OPBL8EFF3O717 16678XAB0 405194.53520000 PA USD 369115.73000000 0.102374399170 Long ABS-MBS CORP US N 2 2047-11-25 Floating 3.96707040 N N N N N N Indian Rupee N/A N/A 0.98000000 OU Currencies 0.01000000 0.000000002773 Long STIV IN N 1 N N N Republic of Montenegro 747800V014106FYLL014 N/A 620000.00000000 PA 756460.12000000 0.209804524671 Long DBT NUSS ME N 2 2032-04-01 Fixed 4.87500000 N N N N N N Australian Dollar N/A N/A -430560.61000000 OU Currencies -299820.88000000 -0.08315544408 Short STIV AU N 1 N N N N/A N/A N/A 442000.00000000 PA USD -10247.04000000 -0.00284202074 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BBB-11 137BERAK3 Y Receipt of notional amount upon default event with regard to the reference instrument 2054-11-18 57018.00000000 USD 0.00000000 USD 442000.00000000 USD -10247.04000000 N N N N/A N/A N/A 1.00000000 NC N/A -2361.19000000 -0.00065487701 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 241500.00000000 EUR 284467.92000000 USD 2026-03-17 -2361.19000000 N N N VICI Properties LP 254900X4QE7SGKQLLN38 925650AC7 935000.00000000 PA USD 946628.51000000 0.262547805667 Long DBT CORP US N 2 2030-02-15 Fixed 4.95000000 N N N N N N N/A N/A N/A -52153700.00000000 PA USD -348859.75000000 -0.09675639480 N/A DIR FR N 2 BNP PARIBAS NY BRANCH 549300QVEGJN81E8T563 Put Written N/A Swaption 1.00000000 3.43800000 USD 2026-03-17 XXXX 1613.11000000 N N N N/A N/A N/A 34000.00000000 PA USD 2549.93000000 0.000707224131 N/A DCR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Markit CMBX North American Index Series BBB-16 137BERAP2 Y Payout of notional amount upon default event with regard to the reference instrument 2065-04-17 0.00000000 USD 7728.69000000 USD 34000.00000000 USD 2549.93000000 N N N CMS Energy Corp. 549300IA9XFBAGNIBW29 125896BX7 112000.00000000 PA USD 121184.00000000 0.033610432123 Long DBT CORP US N 2 2028-05-01 Fixed 3.37500000 N N N N Y CMS Energy Corp. USD XXXX N N N RHP Hotel Properties LP / RHP Finance Corp. N/A 749571AL9 160000.00000000 PA USD 165929.92000000 0.046020731396 Long DBT CORP US N 2 2033-06-15 Fixed 6.50000000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61762XAC1 416000.00000000 PA USD 388652.04000000 0.107792802764 Long ABS-MBS CORP US N 2 2046-10-15 Variable 4.74592680 N N N N N N Benin Government International Bond 635400Q11P6AE5A5Y230 N/A 850000.00000000 PA 950470.92000000 0.263613499657 Long DBT NUSS BJ N 2 2035-01-22 Fixed 4.95000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RNL6 4308071.81000000 PA USD 185079.07000000 0.051331756005 Long ABS-MBS USGA US N 2 2066-01-20 Variable 2.00221920 N N N N N N N/A N/A N/A 1.00000000 NC N/A -2697.89000000 -0.00074826089 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 182500.00000000 CAD 131731.64000000 USD 2026-04-15 -2697.89000000 N N N ATI, Inc. ZW1LRE7C3H17O2ZN9B45 01741RAL6 1080000.00000000 PA USD 1079290.98000000 0.299341796155 Long DBT CORP US N 2 2029-10-01 Fixed 4.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378HVU7 649192.74000000 PA USD 94744.49000000 0.026277423176 Long ABS-MBS USGA US N 2 2042-09-20 Fixed 3.50000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46643AAG8 287000.00000000 PA USD 264184.27000000 0.073271615684 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.03623360 N N N N N N N/A N/A N/A 260500.00000000 PA 40077.04000000 0.011115383488 N/A DIR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Put Purchased N/A Swaption 1.00000000 2.98000000 EUR 2035-05-08 XXXX 12881.60000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3140JXZG6 21634.94000000 PA USD 21964.35000000 0.006091821484 Long ABS-MBS USGSE US N 2 2049-08-01 Fixed 5.00000000 N N N N N N Quikrete Holdings, Inc. 5493007KIN86DIZWZT22 74843PAB6 360000.00000000 PA USD 374192.28000000 0.103782382395 Long DBT CORP US N 2 2033-03-01 Fixed 6.75000000 N N N N N N WestJet Loyalty LP N/A C9763HAB3 368437.49000000 PA USD 366939.79000000 0.101770901318 Long LON CORP CA N 2 2031-02-14 Variable 6.42194000 N N N N N N Ping Identity Holding Corp. N/A 72342MAB3 142180.15000000 PA USD 141291.52000000 0.039187261046 Long LON CORP US N 2 2032-11-15 Variable 6.59094000 N N N N N N Standard Building Solutions, Inc. 54930064UHXCIUWVI755 853191AC8 270000.00000000 PA USD 276117.39000000 0.076581271412 Long DBT CORP US N 2 2033-08-01 Fixed 6.25000000 N N N N N N N/A N/A N/A 442000.00000000 PA USD -14254.50000000 -0.00395349142 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BBB-13 137BERAM9 Y Receipt of notional amount upon default event with regard to the reference instrument 2072-12-16 93483.00000000 USD 0.00000000 USD 442000.00000000 USD -14254.50000000 N N N GNMA 549300M8ZYFG0OCMTT87 38378GHA9 1561499.55000000 PA USD 253762.10000000 0.070381022558 Long ABS-MBS USGA US N 2 2042-11-20 Fixed 3.50000000 N N N N N N GS Mortgage Securities Trust N/A 36253GAK8 1080000.00000000 PA USD 1050451.85000000 0.291343251616 Long ABS-MBS CORP US N 2 2047-09-10 Variable 4.49728560 N N N N N N DBUBS Mortgage Trust N/A 23305YAM1 424790.72450000 PA USD 415498.43000000 0.115238660046 Long ABS-MBS CORP US N 2 2044-08-10 Variable 5.38223040 N N N N N N Istanbul Metropolitan Municipality 213800T1VDQSNKA2MD76 N/A 650000.00000000 PA USD 715619.43000000 0.198477342541 Long DBT NUSS TR N 2 2028-12-06 Fixed 10.50000000 N N N N N N Encore Capital Group, Inc. 5493000UVC6H49CIH830 292554AQ5 555000.00000000 PA USD 582592.82000000 0.161582357675 Long DBT CORP US N 2 2029-04-01 Fixed 9.25000000 N N N N N N WaMu Mortgage Pass-Through Certificates Trust N/A 92922F4V7 166230.06000000 PA USD 160994.54000000 0.044651901727 Long ABS-MBS CORP US N 2 2045-10-25 Floating 4.76706960 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3140JUFY5 37156.45000000 PA USD 37927.90000000 0.010519318627 Long ABS-MBS USGSE US N 2 2049-05-01 Fixed 5.00000000 N N N N N N FNMA or FHLMC N/A 01F042624 -27000000.00000000 PA USD -26455978.35000000 -7.33757645073 Short ABS-MBS USGSE US N 2 2056-02-25 Fixed 4.50000000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 46647PDW3 1810000.00000000 PA USD 1838354.30000000 0.509868319414 Long DBT CORP US N 2 2027-10-22 Fixed 6.07000000 N N N N N N Nutanix, Inc. 549300X7J6E8TKVIXW09 67059NAK4 145000.00000000 PA USD 132167.50000000 0.036656710355 Long DBT CORP US N 2 2029-12-15 Fixed 0.50000000 N N N N N Nutanix, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38375U6A3 5347174.50000000 PA USD 224960.98000000 0.062393020108 Long ABS-MBS USGA US N 2 2068-01-20 Variable 1.88240040 N N N N N N Dominican Republic 254900EHU7Q8FGVPI369 N/A 760000.00000000 PA USD 779760.00000000 0.216266755949 Long DBT NUSS DO N 2 2028-07-19 Fixed 6.00000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379V6K5 1403080.38000000 PA USD 275479.82000000 0.076404441111 Long ABS-MBS USGA US N 2 2046-02-20 Fixed 5.00000000 N N N N N N Albaugh LLC N/A 01260HAH8 596899.22480000 PA USD 583468.99000000 0.161825363784 Long LON CORP US N 2 2029-04-06 Variable 7.41684000 N N N N N N Patrick Industries, Inc. 549300FZ5ZTCCJ3Z5W14 703343AG8 83000.00000000 PA USD 161393.50000000 0.044762553447 Long DBT CORP US N 2 2028-12-01 Fixed 1.75000000 N N N N N Patrick Industries, Inc. USD XXXX N N N Wayfair LLC 549300CTUWTZGOXMYI40 94419NAC1 365000.00000000 PA USD 377553.08000000 0.104714501654 Long DBT CORP US N 2 2032-11-15 Fixed 6.75000000 N N N N N N Novartis Capital Corp. 5493002KF87V5RSRQS84 66989HAY4 765000.00000000 PA USD 765218.52000000 0.212233670504 Long DBT CORP US N 2 2030-11-05 Fixed 4.10000000 N N N N N N Rand Parent LLC N/A 75223LAD8 535692.84030000 PA USD 537532.95000000 0.149084984241 Long LON CORP US N 2 2030-03-18 Variable 6.67194000 N N N N N N N/A N/A N/A 1053000.00000000 PA USD -91856.40000000 -0.02547641023 N/A DCR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Markit CMBX North American Index Series BBB-10 137BERAJ6 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 340500.72000000 USD 0.00000000 USD 1053000.00000000 USD -91856.40000000 N N N McAfee Corp. 2549009UKR8UEZYVCR93 57906HAF4 478949.62500000 PA USD 425666.48000000 0.118058772886 Long LON CORP US N 2 2029-03-01 Variable 6.67192000 N N N N N N HarborView Mortgage Loan Trust N/A 41161PLQ4 400257.73000000 PA USD 106085.63000000 0.029422893009 Long ABS-MBS CORP US N 2 2035-05-19 Floating 4.30984080 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RSF4 2500909.40000000 PA USD 105343.31000000 0.029217010252 Long ABS-MBS USGA US N 2 2065-07-20 Variable 1.90141920 N N N N N N Caesars Entertainment, Inc. 549300FA4CTCW903Y781 12768EAH9 486337.50000000 PA USD 484027.40000000 0.134245197995 Long LON CORP US N 2 2031-02-06 Variable 5.92192000 N N N N N N Vistra Operations Co. LLC 549300ZH5GKBTJZ7NM23 92840VAY8 235000.00000000 PA USD 234781.19000000 0.065116659381 Long DBT CORP US N 2 2031-01-31 Fixed 4.70000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 17323CAN7 790530.63430000 PA USD 780129.86000000 0.216369336772 Long ABS-MBS CORP US N 2 2048-02-10 Variable 4.37641560 N N N N N N N/A N/A N/A 319000.00000000 PA USD 37770.32000000 0.010475613749 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BB-10 137BEMAI9 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 128558.83000000 USD 0.00000000 USD 319000.00000000 USD 37770.32000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3140JKL87 4395.36000000 PA USD 4517.54000000 0.001252941572 Long ABS-MBS USGSE US N 2 2049-01-01 Fixed 5.00000000 N N N N N N Constellation Energy Generation LLC S2PEWKCZFFECR4533P43 210385AB6 445000.00000000 PA USD 458920.91000000 0.127281902691 Long DBT CORP US N 2 2028-03-01 Fixed 5.60000000 N N N N N N Altar Bidco, Inc. N/A 02090CAE0 488361.48500000 PA USD 483355.78000000 0.134058923912 Long LON CORP US N 2 2029-02-01 Variable 6.78250000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FVT28 6583238.26000000 PA USD 828827.72000000 0.229875708224 Long ABS-MBS USGSE US N 2 2050-09-25 Floating 2.43824040 N N N N N N Putnam Short Term Investment Fund 549300S9JYWEMKQCLW53 74676P664 17757911.87000000 NS USD 17757911.87000000 4.925164143533 Long RF US N 1 N N N GE HealthCare Technologies, Inc. 549300OI9J7XOWZMUN85 36266GAD9 190000.00000000 PA USD 190622.39000000 0.052869198082 Long DBT CORP US N 2 2028-12-15 Fixed 4.15000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376R4R4 2066775.59000000 PA USD 102950.23000000 0.028553288532 Long ABS-MBS USGA US N 2 2067-05-20 Variable 2.07402840 N N N N N N FHLMC 5493000ITF7RKPWPZQ19 35566ABE8 491000.00000000 PA USD 684267.13000000 0.189781769272 Long ABS-MBS CORP US N 2 2050-10-25 Floating 15.19728120 N N N N N N N/A N/A N/A 50382000.00000000 PA 21011.89000000 0.005827656313 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 2621.20000000 USD 0.00000000 USD 50382000.00000000 NOK 21011.89000000 N N N Seagate Data Storage Technology Pte. Ltd. N/A 81180LAA3 330000.00000000 PA USD 340224.39000000 0.094361374166 Long DBT CORP SG N 2 2030-07-15 Fixed 5.87500000 N N N N N N FHLMC 5493000ITAM9GTFUKP51 35565MBE3 1027000.00000000 PA USD 1356276.95000000 0.376163968587 Long ABS-MBS CORP US N 2 2050-07-25 Floating 13.81176000 N N N N N N Fluor Corp. CQ7WZ4NOFWT7FAE6Q943 343412AJ1 141000.00000000 PA USD 174290.10000000 0.048339430749 Long DBT CORP US N 2 2029-08-15 Fixed 1.12500000 N N N N N Fluor Corp. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A -95444.48000000 -0.02647156569 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 10123300.00000000 EUR 11927980.69000000 USD 2026-03-17 -95444.48000000 N N N Electricite de France SA 549300X3UK4GG3FNMO06 28504KAA5 535000.00000000 PA USD 633528.81000000 0.175709475401 Long DBT NUSS FR N 2 2033-03-15 Fixed 9.12500000 N N N N N N DaVita, Inc. M2XHYMU3TZNEZURC6H66 23918KAY4 55000.00000000 PA USD 56492.04000000 0.015668090473 Long DBT CORP US N 2 2033-07-15 Fixed 6.75000000 N N N N N N Republic of Bulgaria 529900PG0XCL4LICL838 N/A 360000.00000000 PA 440730.31000000 0.122236732318 Long DBT NUSS BG N 2 2032-09-05 Fixed 3.62500000 N N N N N N Clydesdale Acquisition Holdings, Inc. 254900QKSDYFR3K5YD98 18972EAD7 435000.00000000 PA USD 438695.07000000 0.121672257668 Long DBT CORP US N 2 2032-04-15 Fixed 6.75000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RJK3 780803.11000000 PA USD 29341.02000000 0.008137743936 Long ABS-MBS USGA US N 2 2065-10-20 Variable 1.86076080 N N N N N N N/A N/A N/A 3455000.00000000 PA -4986.56000000 -0.00138302446 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2028-03-18 10035.48000000 USD 0.00000000 USD 3455000.00000000 GBP -4986.56000000 N N N GNMA 549300M8ZYFG0OCMTT87 38382WBR7 5988222.93000000 PA USD 1373162.99000000 0.380847318709 Long ABS-MBS USGA US N 2 2047-11-20 Fixed 4.50000000 N N N N N N N/A N/A N/A 18279000.00000000 PA USD 160229.51000000 0.044439720343 N/A DCR US N 2 ICE Clear US 549300HWWR1D8OTS2G29 Markit CDX North American High Yield Index Series 45-V2 2I65BRAD7 Y Payout of notional amount upon default event with regard to the reference instrument 2030-12-20 1459527.38000000 USD 0.00000000 USD 18279000.00000000 USD 160229.51000000 N N N Morgan Stanley Re-REMIC Trust N/A 61759FAU5 315732.02450000 PA USD 306714.69000000 0.085067445122 Long ABS-MBS CORP US N 2 2037-02-26 Floating 2.97203760 N N N N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AB2 70000.00000000 PA USD 78091.86000000 0.021658809413 Long DBT CORP US N 2 2035-05-01 Fixed 7.75000000 N N N N N N N/A N/A N/A 256000.00000000 PA USD 9496.50000000 0.002633858171 N/A DCR US N 2 MERRILL LYNCH INTERNATIONAL AHYI0DDQ2LCHPGHJC422 Markit CMBX North American Index Series BB-6 137BEMAE8 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 28625.47000000 USD 256000.00000000 USD 9496.50000000 N N N N/A N/A N/A 2000000.00000000 PA -25123.87000000 -0.00696811565 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 5303.88000000 USD 0.00000000 USD 2000000.00000000 GBP -25123.87000000 N N N Etsy, Inc. 54930089Q7XT501AEA40 29786AAP1 219000.00000000 PA USD 218275.93000000 0.060538918748 Long DBT CORP US N 2 2030-06-15 Fixed 1.00000000 N N N N Y Etsy, Inc. USD XXXX N N N NextEra Energy Capital Holdings, Inc. UMI46YPGBLUE4VGNNT48 65339KCY4 153000.00000000 PA USD 203643.00000000 0.056480469608 Long DBT CORP US N 2 2027-03-01 Fixed 3.00000000 N N N N N NextEra Energy, Inc. USD XXXX N N N Virginia Electric and Power Co. CQKUMNNZVDJLRYV2PT43 927804GB4 1000000.00000000 PA USD 962409.06000000 0.266924547684 Long DBT CORP US N 2 2029-07-15 Fixed 2.87500000 N N N N N N Magnera Corp. 549300LDQLQBT38QDY28 377320AA4 505000.00000000 PA USD 456711.60000000 0.126669149656 Long DBT CORP US N 2 2029-11-15 Fixed 4.75000000 N N N N N N JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings N/A 46590XAN6 244000.00000000 PA USD 236248.29000000 0.065523560168 Long DBT CORP NL N 2 2029-02-02 Fixed 3.00000000 N N N N N N FirstCash, Inc. 549300V2X3UU7K0DG350 33767DAD7 814000.00000000 PA USD 847172.13000000 0.234963537865 Long DBT CORP US N 2 2032-03-01 Fixed 6.87500000 N N N N N N N/A N/A N/A 4030200.00000000 PA USD 108533.34000000 0.030101766382 N/A DIR N/A N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Call Purchased N/A Swaption 1.00000000 3.88400000 USD 2028-01-31 XXXX -69601.50000000 N N N Ambipar Lux SARL 9845008C0E14F9BDEK55 02319WAB7 400000.00000000 PA USD 58494.80000000 0.016223556781 Long DBT CORP LU N 2 2033-02-05 Fixed 10.87500000 Y N N N N N Lummus Technology Holdings V LLC N/A N/A 528168.79000000 PA USD 529531.47000000 0.146865770480 Long LON CORP US N 2 2029-12-31 Variable 6.18250000 N N N N N N Arab Republic of Egypt 529900GFIVH4086NMH82 N/A 930000.00000000 PA USD 978743.34000000 0.271454866944 Long DBT NUSS EG N 2 2029-03-01 Fixed 7.60030000 N N N N N N Transocean International Ltd. DOL4HJ22ADYSIWES4H94 893830BX6 491250.00000000 PA USD 512343.78000000 0.142098757606 Long DBT CORP BM N 2 2030-02-15 Fixed 8.75000000 N N N N N N Mattel, Inc. 549300VELLG24KHTJ564 577081BF8 585000.00000000 PA USD 573093.62000000 0.158947750657 Long DBT CORP US N 2 2029-04-01 Fixed 3.75000000 N N N N N N Canadian Imperial Bank of Commerce 549300H8L46OOZOFHU82 13606DEU2 1800000.00000000 PA USD 1800120.24000000 0.499264087185 Long STIV CORP CA N 2 2026-02-09 Floating 3.94999920 N N N N N N CaixaBank SA 7CUNS533WID6K7DGFI87 12803RAA2 445000.00000000 PA USD 462183.96000000 0.128186910948 Long DBT CORP ES N 2 2029-01-18 Fixed 6.20800000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -19361.25000000 -0.00536985063 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 1663310.69000000 USD 254207100.00000000 JPY 2026-02-13 -19361.25000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 31398PJU4 446345.81000000 PA USD 49480.20000000 0.013723353772 Long ABS-MBS USGSE US N 2 2040-04-25 Floating 2.58824160 N N N N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023CN3 31000.00000000 PA USD 29440.25000000 0.008165265417 Long DBT CORP US N 2 2030-02-01 Fixed 2.95000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617LEPL2 29012.39000000 PA USD 26288.39000000 0.007291095753 Long ABS-MBS USGA US N 2 2049-11-20 Fixed 3.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617K4U96 40967.16000000 PA USD 41393.10000000 0.011480393269 Long ABS-MBS USGA US N 2 2049-05-20 Fixed 5.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -1353.92000000 -0.00037551026 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 48200.00000000 AUD 32202.08000000 USD 2026-04-15 -1353.92000000 N N N DIRECTV Financing LLC N/A 25460HAD4 853653.79120000 PA USD 856082.44000000 0.237434815999 Long LON CORP US N 2 2029-08-02 Variable 9.17845000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376R2Q8 2840590.71000000 PA USD 93264.26000000 0.025866880778 Long ABS-MBS USGA US N 2 2067-03-20 Variable 2.17641960 N N N N N N Hyundai Capital America 549300RIPPWJB5Z0FK07 44891ADG9 470000.00000000 PA USD 473909.82000000 0.131439083030 Long DBT CORP US N 2 2029-09-26 Fixed 4.55000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617K4U88 42030.14000000 PA USD 42537.85000000 0.011797890151 Long ABS-MBS USGA US N 2 2049-05-20 Fixed 5.00000000 N N N N N N N/A N/A N/A 2676000.00000000 PA USD 23061.13000000 0.006396013867 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2056-03-18 29311.80000000 USD 0.00000000 USD 2676000.00000000 USD 23061.13000000 N N N N/A N/A N/A 1.00000000 NC N/A 282.85000000 0.000078448563 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 34041.63000000 USD 28900.00000000 EUR 2026-03-17 282.85000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136ARFT0 1135152.42000000 PA USD 159536.82000000 0.044247602487 Long ABS-MBS USGSE US N 2 2046-02-25 Fixed 6.00000000 N N N N N N Republic of Panama 549300SHS4T08CL0LP14 698299BX1 780000.00000000 PA USD 860847.00000000 0.238756268670 Long DBT NUSS PA N 2 2031-03-01 Fixed 7.50000000 N N N N N N N/A N/A N/A 1201500.00000000 PA USD 22251.92000000 0.006171579142 N/A DIR FR N 2 BNP PARIBAS NY BRANCH 549300QVEGJN81E8T563 Call Purchased N/A Swaption 1.00000000 3.62500000 USD 2027-11-12 XXXX -33377.53000000 N N N Alternative Loan Trust N/A 02150KAZ2 298760.29000000 PA USD 267668.22000000 0.074237890646 Long ABS-MBS CORP US N 2 2047-04-25 Floating 3.99706920 N N N N N N DaVita, Inc. M2XHYMU3TZNEZURC6H66 23918KAW8 390000.00000000 PA USD 401975.73000000 0.111488133653 Long DBT CORP US N 2 2032-09-01 Fixed 6.87500000 N N N N N N Digital Realty Trust LP CD4SPTZ3YBTHY0C1AH38 25389JAX4 258000.00000000 PA USD 267210.60000000 0.074110969551 Long DBT CORP US N 2 2029-11-15 Fixed 1.87500000 N N N N N Digital Realty Trust, Inc. USD XXXX N N N Wells Fargo Commercial Mortgage Trust N/A 95002MAY5 6688085.33000000 PA USD 286858.67000000 0.079560369827 Long ABS-MBS CORP US N 2 2052-08-15 Variable 1.56399840 N N N N N N N/A N/A N/A 1.00000000 NC N/A -6170.67000000 -0.00171143785 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 221400.00000000 AUD 147964.17000000 USD 2026-04-15 -6170.67000000 N N N DataBank Issuer II LLC N/A 23802YAA5 703000.00000000 PA USD 694847.59000000 0.192716264194 Long ABS-O CORP US N 2 2055-09-27 Fixed 5.18000000 N N N N N N Carnival plc 4DR1VPDQMHD3N3QW8W95 N/A 300000.00000000 PA 362357.26000000 0.100499934742 Long DBT CORP GB N 2 2031-07-15 Fixed 4.12500000 N N N N N N Foundry JV Holdco LLC 21380048QROAMGM6EP30 350930AB9 480000.00000000 PA USD 503422.29000000 0.139624378694 Long DBT CORP US N 2 2030-01-25 Fixed 5.90000000 N N N N N N N/A N/A N/A 4848800.00000000 PA 567319.49000000 0.157346293332 N/A DIR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Put Purchased N/A Swaption 1.00000000 2.95200000 EUR 2029-06-18 XXXX 180786.28000000 N N N United States of America 254900HROIFWPRGM1V77 912797TN7 1100000.00000000 PA USD 1082335.84000000 0.300186289325 Long STIV UST US N 2 2026-07-16 None 0.00000000 N N N N N N Brazilian Real N/A N/A -0.51000000 OU Currencies -0.10000000 -0.00000002773 Short STIV BR N 1 N N N APLD ComputeCo LLC N/A 00202DAA5 510000.00000000 PA USD 530397.07000000 0.147105844995 Long DBT CORP US N 2 2030-12-15 Fixed 9.25000000 N N N N N N TGNR Intermediate Holdings LLC 5493007AZNVKZ5HEMT23 77289KAA3 476000.00000000 PA USD 471257.04000000 0.130703333409 Long DBT CORP US N 2 2029-10-15 Fixed 5.50000000 N N N N N N Tuple US Bidco LLC N/A N/A 285962.79000000 PA USD 283103.16000000 0.078518777588 Long LON CORP US N 2 2033-01-14 Variable 7.26111000 N N N N N N UBS Commercial Mortgage Trust N/A 90276GAY8 498000.00000000 PA USD 469583.52000000 0.130239181950 Long ABS-MBS CORP US N 2 2050-08-15 Variable 4.35527640 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FJK99 4154775.69000000 PA USD 566956.12000000 0.157245512514 Long ABS-MBS USGSE US N 2 2056-08-15 Floating 2.27817000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617LEXM1 18996.77000000 PA USD 18662.15000000 0.005175954959 Long ABS-MBS USGA US N 2 2050-01-20 Fixed 4.50000000 N N N N N N Fertitta Entertainment LLC N/A 31556PAB3 465243.61500000 PA USD 464817.92000000 0.128917440835 Long LON CORP US N 2 2029-01-29 Variable 6.96610000 N N N N N N Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC N/A 60672JAA7 455000.00000000 PA USD 467598.04000000 0.129688508257 Long DBT CORP US N 2 2032-04-01 Fixed 6.75000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381W6R4 3849376.75000000 PA USD 476492.79000000 0.132155470820 Long ABS-MBS USGA US N 2 2049-07-20 Floating 2.31015960 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376R2S4 1941842.82000000 PA USD 73081.25000000 0.020269114674 Long ABS-MBS USGA US N 2 2067-05-20 Variable 2.36156040 N N N N N N OneSky Flight LLC 549300PM6NEPXGG5B882 68278CAA3 446000.00000000 PA USD 477132.58000000 0.132332916839 Long DBT CORP US N 2 2029-12-15 Fixed 8.87500000 N N N N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 780153BU5 267000.00000000 PA USD 276957.15000000 0.076814179192 Long DBT CORP LR N 2 2032-03-15 Fixed 6.25000000 N N N N N N NCL Corp. Ltd. UNZWILHE4KMRP9K2L524 62886HBS9 90000.00000000 PA USD 99765.00000000 0.027669863685 Long DBT CORP BM N 2 2030-04-15 Fixed 0.87500000 N N N N Y Norwegian Cruise Line Holdings Ltd. USD XXXX N N N BBCMS Mortgage Trust N/A 05555PAD4 16309193.25000000 PA USD 819015.07000000 0.227154165721 Long ABS-MBS CORP US N 2 2057-09-15 Variable 1.58099040 N N N N N N N/A N/A N/A 8055000.00000000 PA 10179.67000000 0.002823335651 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2028-03-18 4486.65000000 USD 0.00000000 USD 8055000.00000000 CAD 10179.67000000 N N N Station Casinos LLC 5493004E7Q60TX54WL62 857691AH2 625000.00000000 PA USD 600491.31000000 0.166546511220 Long DBT CORP US N 2 2031-12-01 Fixed 4.62500000 N N N N N N AES Andes SA 549300IF4IFG0FS0RM26 00111VAD9 400000.00000000 PA USD 415296.80000000 0.115182737883 Long DBT CORP CL N 2 2032-03-14 Fixed 6.25000000 N N N N N N Quikrete Holdings, Inc. 5493007KIN86DIZWZT22 74839XAK5 450800.01480000 PA USD 451875.17000000 0.125327763811 Long LON CORP US N 2 2029-03-19 Variable 5.92192000 N N N N N N Flash Charm, Inc. N/A 45168RAT0 433379.35600000 PA USD 389066.32000000 0.107907703492 Long LON CORP US N 2 2028-03-02 Variable 7.35383000 N N N N N N Seagate HDD Cayman 529900BD50TRWEG1SF63 81180WBL4 33000.00000000 PA USD 163828.50000000 0.045437901696 Long DBT CORP KY N 2 2028-06-01 Fixed 3.50000000 N N N N N Seagate Technology Holdings PLC USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A -17439.72000000 -0.00483691349 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 1176000.00000000 CAD 848802.08000000 USD 2026-04-15 -17439.72000000 N N N Black Diamond CLO Ltd. N/A 09204UAG3 900000.00000000 PA USD 909285.80000000 0.252190789726 Long ABS-CBDO CORP JE N 2 2037-10-25 Floating 8.11802160 N N N N N N EquipmentShare.com, Inc. 254900PWJK48CGPKPI80 29450YAB5 80000.00000000 PA USD 85622.16000000 0.023747341208 Long DBT CORP US N 2 2032-05-15 Fixed 8.62500000 N N N N N N Tenet Healthcare Corp. 0W9AIBT6U6ADJ2I8HK17 88033GDV9 175000.00000000 PA USD 180162.85000000 0.049968240371 Long DBT CORP US N 2 2033-11-15 Fixed 6.00000000 N N N N N N General Motors Financial Co., Inc. 5493008B6JBRUJ90QL97 37045XFL5 115000.00000000 PA USD 115318.99000000 0.031983769193 Long DBT CORP US N 2 2028-10-27 Fixed 4.20000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RUG9 2928121.60000000 PA USD 87050.13000000 0.024143389273 Long ABS-MBS USGA US N 2 2066-04-20 Variable 1.76060880 N N N N N N BBCMS Mortgage Trust N/A 05555AAF2 5698183.21000000 PA USD 394172.96000000 0.109324032192 Long ABS-MBS CORP US N 2 2057-05-15 Variable 1.01273760 N N N N N N N/A N/A N/A 1.00000000 NC N/A -47960.24000000 -0.01330179224 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 1660200.00000000 NZD 954334.43000000 USD 2026-04-15 -47960.24000000 N N N Cogent Communications Group LLC / Cogent Finance, Inc. N/A 19240WAB5 530000.00000000 PA USD 487342.16000000 0.135164548041 Long DBT CORP US N 2 2032-07-01 Fixed 6.50000000 N N N N N N Southern Veterinary Partners LLC 549300DT78GYJYRK0R74 84410HAQ3 588524.99000000 PA USD 588895.76000000 0.163330480670 Long LON CORP US N 2 2031-12-04 Variable 6.17259000 N N N N N N GS Mortgage Securities Trust N/A 36253GAS1 485000.00000000 PA USD 334650.00000000 0.092815314812 Long ABS-MBS CORP US N 2 2047-09-10 Variable 4.51828800 N N N N N N Czech Koruna N/A N/A -0.01000000 OU Currencies 0.00000000 0.000000 Short STIV CZ N 1 N N N CrossCountry Intermediate HoldCo LLC N/A 22757VAA8 130000.00000000 PA USD 132111.20000000 0.036641095527 Long DBT CORP US N 2 2030-10-01 Fixed 6.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 3617LNR97 155129.61000000 PA USD 140856.21000000 0.039066527639 Long ABS-MBS USGA US N 2 2050-03-20 Fixed 3.50000000 N N N N N N N/A N/A N/A 402000.00000000 PA USD 30748.92000000 0.008528225578 N/A DCR US N 2 MERRILL LYNCH INTERNATIONAL AHYI0DDQ2LCHPGHJC422 Markit CMBX North American Index Series A-13 137BEOAM6 Y Payout of notional amount upon default event with regard to the reference instrument 2072-12-16 0.00000000 USD 53512.30000000 USD 402000.00000000 USD 30748.92000000 N N N COMM Mortgage Trust N/A 12629NAH8 232758.29620000 PA USD 229255.28000000 0.063584045975 Long ABS-MBS CORP US N 2 2048-02-10 Fixed 3.72400000 N N N N N N GSR Mortgage Loan Trust N/A 3622NAAE0 477363.51000000 PA USD 265074.32000000 0.073518471416 Long ABS-MBS CORP US N 2 2037-05-25 Floating 4.09707000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 21H050623 8000000.00000000 PA USD 7999972.24000000 2.218795583295 Long ABS-MBS USGA US N 2 2056-02-15 Fixed 5.00000000 N N N N N N Spectrum Brands, Inc. 549300VU3EH2E73C1Q04 84762LAZ8 72000.00000000 PA USD 69750.00000000 0.019345191119 Long DBT CORP US N 2 2029-06-01 Fixed 3.37500000 N N N N N Spectrum Brands Holdings, Inc. USD XXXX N N N N/A N/A N/A 1814700.00000000 PA USD 99248.34000000 0.027526567822 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Call Purchased N/A Swaption 1.00000000 4.13000000 USD 2027-12-09 XXXX -42933.41000000 N N N N/A N/A N/A 1.00000000 NC N/A -16558.00000000 -0.00459236809 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 619000.00000000 GBP 830406.08000000 USD 2026-03-17 -16558.00000000 N N N Duke Energy Carolinas LLC MWIUSDMN17TCR56VW396 264399DK9 435000.00000000 PA USD 459053.33000000 0.127318629433 Long DBT CORP US N 2 2028-12-01 Fixed 6.00000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381XK39 3537344.37000000 PA USD 427067.48000000 0.118447340811 Long ABS-MBS USGA US N 2 2049-08-20 Floating 2.31015960 N N N N N N Cleveland-Cliffs, Inc. 549300TM2WLI2BJMDD86 18589GAA3 100000.00000000 PA USD 104801.70000000 0.029066794497 Long DBT CORP US N 2 2034-01-15 Fixed 7.62500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38383FDA8 4603533.32000000 PA USD 929405.04000000 0.257770869195 Long ABS-MBS USGA US N 2 2051-12-20 Fixed 4.00000000 N N N N N N Verisure Midholding AB 549300496LYEZ55X1M49 N/A 1310000.00000000 PA 1559284.90000000 0.432468306817 Long DBT CORP SE N 2 2029-02-15 Fixed 5.25000000 N N N N N N Peer Holding III BV N/A N6872NAQ9 269758.28000000 PA USD 270180.45000000 0.074934658667 Long LON CORP NL N 2 2032-09-29 Variable 5.92194000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -8.88000000 -0.00000246287 N/A DFE N/A N 2 Bank of America B4TYDEB6GKMZO031MB27 600.00000000 CAD 433.08000000 USD 2026-04-15 -8.88000000 N N N N/A N/A N/A 1604000.00000000 PA -14457.10000000 -0.00400968261 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2056-03-18 4711.19000000 USD 0.00000000 USD 1604000.00000000 AUD -14457.10000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136FCZ90 57536.96000000 PA USD 9197.16000000 0.002550836099 Long ABS-MBS USGSE US N 2 2036-08-25 Fixed 5.50000000 N N N N N N COMM Mortgage Trust N/A 12591VAK7 912000.00000000 PA USD 869820.00000000 0.241244933902 Long ABS-MBS CORP US N 2 2047-04-10 Variable 4.79267280 N N N N N N UBS Group AG 549300SZJ9VS8SGXAN81 902613BJ6 375000.00000000 PA USD 387602.32000000 0.107501662492 Long DBT CORP CH N 2 2030-02-08 Fixed 5.42800000 N N N N N N Cleveland-Cliffs, Inc. 549300TM2WLI2BJMDD86 185899AP6 202000.00000000 PA USD 207552.17000000 0.057564679511 Long DBT CORP US N 2 2032-03-15 Fixed 7.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -47816.54000000 -0.01326193698 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 1705500.00000000 AUD 1139523.00000000 USD 2026-04-15 -47816.54000000 N N N N/A N/A N/A 10390700.00000000 PA 38614.68000000 0.010709797342 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Call Purchased N/A Swaption 1.00000000 1.20100000 EUR 2029-04-11 XXXX -167626.68000000 N N N OSI Systems, Inc. DDX3MPX1Y8YD30050X33 671044AG0 108000.00000000 PA USD 107416.80000000 0.029792093555 Long DBT CORP US N 2 2031-02-01 Fixed 0.50000000 N N N N Y OSI Systems, Inc. USD XXXX N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XCR3 1280375.07000000 PA USD 1309859.80000000 0.363290152988 Long ABS-MBS CORP US N 2 2028-10-25 Floating 15.56175960 N N N N N N Aviation Capital Group LLC 549300ODEK8HY3445C77 05369AAQ4 455000.00000000 PA USD 467727.81000000 0.129724500020 Long DBT CORP US N 2 2029-07-15 Fixed 5.37500000 N N N N N N Republic of El Salvador 529900AKDMUSFSDOM949 283875AN2 380000.00000000 PA USD 395200.00000000 0.109608882157 Long DBT NUSS SV N 2 2035-06-15 Fixed 7.65000000 N N N N N N N/A N/A N/A 442000.00000000 PA USD 10179.33000000 0.002823241352 N/A DCR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Markit CMBX North American Index Series BBB-9 137BERAI8 Y Receipt of notional amount upon default event with regard to the reference instrument 2058-09-17 79394.25000000 USD 0.00000000 USD 442000.00000000 USD 10179.33000000 N N N N/A N/A N/A 259100.00000000 PA USD 30744.63000000 0.008527035745 N/A DIR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Put Purchased N/A Swaption 1.00000000 4.20000000 USD 2030-08-26 XXXX -1565.14000000 N N N Wells Fargo Commercial Mortgage Trust 549300PX4QZK7CUM8D08 94988XAC0 616431.33650000 PA USD 74602.37000000 0.020690997930 Long ABS-MBS CORP US N 2 2050-08-15 Fixed 3.93800000 N N N N N N Ashtead Capital, Inc. 213800J1134IW58IC398 045054AJ2 475000.00000000 PA USD 471499.40000000 0.130770552054 Long DBT CORP US N 2 2028-05-01 Fixed 4.00000000 N N N N N N N/A N/A N/A 2708400.00000000 PA USD 61016.12000000 0.016922845918 N/A DIR GB N 2 NATWEST MARKETS PLC RR3QWICWWIPCS8A4S074 Put Purchased N/A Swaption 1.00000000 4.82500000 USD 2027-04-30 XXXX -37027.96000000 N N N Carnival Corp. F1OF2ZSX47CR0BCWA982 143658BY7 155000.00000000 PA USD 159684.72000000 0.044288622613 Long DBT CORP PA N 2 2030-03-15 Fixed 5.75000000 N N N N N N Carnival Corp. F1OF2ZSX47CR0BCWA982 143658CB6 440000.00000000 PA USD 445363.80000000 0.123521832670 Long DBT CORP PA N 2 2029-05-01 Fixed 5.12500000 N N N N N N Antero Resources Corp. APVBKPOULHUX7YZLKU17 03674XAS5 555000.00000000 PA USD 563163.50000000 0.156193627801 Long DBT CORP US N 2 2030-03-01 Fixed 5.37500000 N N N N N N AerCap Ireland Capital DAC / AerCap Global Aviation Trust N/A 00774MBL8 670000.00000000 PA USD 677129.51000000 0.187802147436 Long DBT CORP IE N 2 2029-09-10 Fixed 4.62500000 N N N N N N Air Lease Corp. 5493004NW4M4P8TMMK63 00914AAT9 1000000.00000000 PA USD 1030540.61000000 0.285820861032 Long DBT CORP US N 2 2027-12-15 Fixed 5.85000000 N N N N N N Vmed O2 UK Financing I plc 213800MRR46ECNGZ7L69 N/A 610000.00000000 PA 685731.49000000 0.190187910119 Long DBT CORP GB N 2 2031-01-31 Fixed 3.25000000 N N N N N N Chart Industries, Inc. EM7QGKC1GYOF3LSZSL80 16115EAT4 847551.90940000 PA USD 850467.49000000 0.235877507313 Long LON CORP US N 2 2030-03-15 Variable 6.16080000 N N N N N N PG Polaris BidCo SARL 254900XMCCB3IEZ2A005 91728NAD1 198003.75000000 PA USD 198269.08000000 0.054990010691 Long LON CORP US N 2 2031-03-26 Variable 5.92194000 N N N N N N Republic of Indonesia 529900FWX0GRR7WG5W79 455780BX3 900000.00000000 PA USD 905321.36000000 0.251091250665 Long DBT NUSS ID N 2 2027-01-08 Fixed 4.35000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RNT9 886410.62960000 PA USD 28203.81000000 0.007822338276 Long ABS-MBS USGA US N 2 2065-12-20 Variable 1.96710840 N N N N N N Delek US Holdings, Inc. 5493003O53JMENV1N385 24664GAF8 588483.29050000 PA USD 587959.54000000 0.163070819669 Long LON CORP US N 2 2029-11-09 Variable 7.31610000 N N N N N N N/A N/A N/A 614500.00000000 PA USD 79830.54000000 0.022141033024 N/A DIR N/A N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Put Purchased N/A Swaption 1.00000000 4.01000000 USD 2032-03-29 XXXX 6151.99000000 N N N JPMBB Commercial Mortgage Securities Trust N/A 46645LAY3 53891.01000000 PA USD 53795.92000000 0.014920320485 Long ABS-MBS CORP US N 2 2049-03-17 Fixed 3.57610000 N N N N N N Wynn Resorts Finance LLC / Wynn Resorts Capital Corp. N/A 983133AC3 835000.00000000 PA USD 900148.37000000 0.249656519766 Long DBT CORP US N 2 2031-02-15 Fixed 7.12500000 N N N N N N Commvault Systems, Inc. 65T5VRP62VXG39YFML83 204166AA0 73000.00000000 PA USD 61539.00000000 0.017067866900 Long DBT CORP US N 2 2030-09-15 None 0.00000000 N N N N Y Commvault Systems, Inc. USD XXXX N N N WFRBS Commercial Mortgage Trust 5493003CHVRASC16O965 92938CAL1 515444.27000000 PA USD 360810.99000000 0.100071076123 Long ABS-MBS CORP US N 2 2046-08-15 Variable 4.50509040 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379LX92 346944.89000000 PA USD 71105.80000000 0.019721222805 Long ABS-MBS USGA US N 2 2039-10-20 Fixed 5.00000000 N N N N N N Southern Gas Corridor CJSC 213800DG58KG59XY6318 N/A 800000.00000000 PA USD 805058.84000000 0.223283399604 Long DBT NUSS AZ N 2 2026-03-24 Fixed 6.87500000 N N N N N N WFRBS Commercial Mortgage Trust 5493000F7E2NMQ4HIO61 92939FAY5 365000.00000000 PA USD 346339.38000000 0.096057369152 Long ABS-MBS CORP US N 2 2047-08-15 Variable 4.23399960 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136FEMW9 151574.32000000 PA USD 20379.75000000 0.005652332024 Long ABS-MBS USGSE US N 2 2035-06-25 Fixed 5.00000000 N N N N N N Box, Inc. 549300KQUCPD8687YS68 10316TAD6 136000.00000000 PA USD 128656.00000000 0.035682794389 Long DBT CORP US N 2 2029-09-15 Fixed 1.50000000 N N N N Y Box, Inc. USD XXXX N N N Rocket Cos., Inc. N/A 77311WAB7 440000.00000000 PA USD 457032.84000000 0.126758245702 Long DBT CORP US N 2 2033-08-01 Fixed 6.37500000 N N N N N N Vistra Operations Co. LLC 549300ZH5GKBTJZ7NM23 92840VAH5 590000.00000000 PA USD 582891.39000000 0.161665166187 Long DBT CORP US N 2 2029-05-01 Fixed 4.37500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38384XVG5 7273423.79000000 PA USD 1107608.61000000 0.307195702455 Long ABS-MBS USGA US N 2 2051-09-20 Fixed 3.00000000 N N N N N N Toronto-Dominion Bank (The) PT3QB789TSUIDF371261 89115A2V3 325000.00000000 PA USD 329029.21000000 0.091256386400 Long DBT CORP CA N 2 2026-12-11 Fixed 5.26400000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B5A54 2256648.00000000 PA USD 228536.16000000 0.063384597748 Long ABS-MBS USGSE US N 2 2049-08-25 Floating 2.23823880 N N N N N N Tenet Healthcare Corp. 0W9AIBT6U6ADJ2I8HK17 88033GDU1 1005000.00000000 PA USD 1044504.54000000 0.289693762747 Long DBT CORP US N 2 2031-05-15 Fixed 6.75000000 N N N N N N EURO N/A N/A -212296.29000000 OU Currencies -251645.41000000 -0.06979395771 Short STIV XX N 1 N N N Osaic Holdings, Inc. 549300XL60BDV6UW5C86 00791GAB3 135000.00000000 PA USD 140004.61000000 0.038830336029 Long DBT CORP US N 2 2032-08-01 Fixed 6.75000000 N N N N N N Republic of Guatemala 529900QKDFFU9UWW5315 N/A 1110000.00000000 PA USD 1189065.30000000 0.329787748849 Long DBT NUSS GT N 2 2036-06-13 Fixed 6.60000000 N N N N N N Liberty Media Corp.-Liberty Formula One Corp. N/A 531229AQ5 199000.00000000 PA USD 233128.50000000 0.064658285131 Long DBT CORP US N 2 2027-08-15 Fixed 2.25000000 N N N N N Liberty Media Corp-Liberty Formula One USD XXXX N N N Zegona Finance plc 254900B3KC1SS7T2TE92 98927UAA5 435000.00000000 PA USD 459913.76000000 0.127557270046 Long DBT CORP GB N 2 2029-07-15 Fixed 8.62500000 N N N N N N Datadog, Inc. 549300F6JNO0KRPO1K63 23804LAD5 181000.00000000 PA USD 178692.25000000 0.049560368858 Long DBT CORP US N 2 2029-12-01 None 0.00000000 N N N N Y Datadog, Inc. USD XXXX N N N Rand N/A N/A 0.01000000 OU Currencies 0.00000000 0.000000 Long STIV ZA N 1 N N N GNMA 549300M8ZYFG0OCMTT87 38382WSM0 5810587.57000000 PA USD 652995.57000000 0.181108589275 Long ABS-MBS USGA US N 2 2047-11-20 Floating 2.40814080 N N N N N N Newell Brands, Inc. 549300LWGYFM1TVO1Z12 651229BE5 34000.00000000 PA USD 33321.33000000 0.009241684547 Long DBT CORP US N 2 2032-05-15 Fixed 6.62500000 N N N N N N Rivian Automotive, Inc. 25490004LNKJ84MFYY24 76954AAB9 122000.00000000 PA USD 129015.00000000 0.035782363187 Long DBT CORP US N 2 2029-03-15 Fixed 4.62500000 N N N N Y Rivian Automotive, Inc. USD XXXX N N N GS Mortgage Securities Trust 549300WF5YRKNHB1FX69 36198EAS4 551000.00000000 PA USD 538946.88000000 0.149477138307 Long ABS-MBS CORP US N 2 2046-07-10 Variable 3.85800120 N N N N N N Welltower OP LLC T6IZ0MBEG5ACZDTR7D06 95041AAD0 109000.00000000 PA USD 166334.00000000 0.046132803149 Long DBT CORP US N 2 2029-07-15 Fixed 3.12500000 N N N N Y Welltower, Inc. USD XXXX N N N Froneri US, Inc. N/A G3679YAM4 590000.00000000 PA USD 590044.25000000 0.163649014843 Long LON CORP GB N 2 2032-09-30 Variable 6.12190000 N N N N N N Acrisure LLC / Acrisure Finance, Inc. N/A 00489LAL7 435000.00000000 PA USD 450593.27000000 0.124972228320 Long DBT CORP US N 2 2030-11-06 Fixed 7.50000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 31325UPS9 18701.79000000 PA USD 288.90000000 0.000080126533 Long ABS-MBS USGSE US N 2 2027-12-15 Fixed 3.50000000 N N N N N N T-Mobile USA, Inc. 549300V2JRLO5DIFGE82 87264ABV6 1820000.00000000 PA USD 1777010.69000000 0.492854644010 Long DBT CORP US N 2 2029-04-15 Fixed 3.37500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381XBN5 3121641.02000000 PA USD 368266.86000000 0.102138964727 Long ABS-MBS USGA US N 2 2049-07-20 Floating 2.31015960 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FYLH7 3160785.06000000 PA USD 746005.96000000 0.206905059105 Long ABS-MBS USGSE US N 2 2050-12-25 Fixed 4.50000000 N N N N N N N/A N/A N/A 304513000.00000000 PA USD 591806.19000000 0.164137689625 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2028-03-18 0.00000000 USD 284234.61000000 USD 304513000.00000000 USD 591806.19000000 N N N CPM Holdings, Inc. N/A 12620BAR1 363815.76440000 PA USD 359382.67000000 0.099674930985 Long LON CORP US N 2 2028-09-28 Variable 8.19951000 N N N N N N Transocean Titan Financing Ltd. N/A 89386MAA6 0.00100000 PA USD 0.00000000 0.000000 Long DBT CORP KY N 2 2028-02-01 Fixed 8.37500000 N N N N N N Viper Energy Partners LLC 54930010ZZ02MRGRI973 92764MAB0 56000.00000000 PA USD 57042.72000000 0.015820821797 Long DBT CORP US N 2 2035-08-01 Fixed 5.70000000 N N N N N N Playtika Holding Corp. 254900E35Z4TKA4UFG64 72814CAF5 431601.56250000 PA USD 419816.68000000 0.116436328456 Long LON CORP US N 2 2028-03-13 Variable 6.53640000 N N N N N N Kodiak Gas Services LLC 549300ZQBRWEUOVOM131 50012LAE4 155000.00000000 PA USD 160255.43000000 0.044446909266 Long DBT CORP US N 2 2035-10-01 Fixed 6.75000000 N N N N N N Verde Purchaser LLC 2549004HFEKMUGBG3Z35 92338TAB2 72279.84900000 PA USD 70933.64000000 0.019673474159 Long LON CORP US N 2 2030-11-30 Variable 7.67194000 N N N N N N Southern Co. (The) 549300FC3G3YU2FBZD92 842587DS3 570000.00000000 PA USD 592158.13000000 0.164235300328 Long DBT CORP US N 2 2029-03-15 Fixed 5.50000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136ANRR0 1696362.37000000 PA USD 223868.26000000 0.062089953768 Long ABS-MBS USGSE US N 2 2045-05-25 Fixed 5.50000000 N N N N N N FHLMC 5493000ISA3AUOXQEF68 35564KRN1 450000.00000000 PA USD 463202.64000000 0.128469442264 Long ABS-MBS CORP US N 2 2042-02-25 Floating 7.44728040 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647BS5 420000.00000000 PA USD 437724.00000000 0.121402931005 Long DBT CORP US N 2 2030-12-15 Fixed 6.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382BH89 2104924.08000000 PA USD 241033.17000000 0.066850648599 Long ABS-MBS USGA US N 2 2049-12-20 Floating 2.26015920 N N N N N N N/A N/A N/A 1.00000000 NC N/A -4820.27000000 -0.00133690386 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 166600.00000000 NZD 95759.35000000 USD 2026-04-15 -4820.27000000 N N N VCAT LLC N/A 91825GAA4 218000.00000000 PA USD 218544.13000000 0.060613304128 Long ABS-O CORP US N 2 2056-01-25 Fixed 5.10099840 N N N N N N EverCommerce Solutions, Inc. 9845005E54E3C158EA55 29977YAB9 598437.50000000 PA USD 592453.13000000 0.164317118699 Long LON CORP US N 2 2031-07-07 Variable 5.92192000 N N N N N N N/A N/A N/A 5302300.00000000 PA 10070.34000000 0.002793012931 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Call Purchased N/A Swaption 1.00000000 2.49500000 AUD 2026-11-23 XXXX -318826.61000000 N N N Northwoods Capital 22 Ltd. 254900SOJIZYDV6U1V46 66858HBG0 900000.00000000 PA USD 913025.32000000 0.253227947132 Long ABS-CBDO CORP KY N 2 2031-09-16 Floating 8.65626840 N N N N N N Solstice Advanced Materials, Inc. 2138004GZ4H9TW6HK435 83443QAA1 270000.00000000 PA USD 271554.12000000 0.075315646605 Long DBT CORP US N 2 2033-09-30 Fixed 5.62500000 N N N N N N CACI International, Inc. SYRPI2D1O9WRTS2WX210 127190AE6 400000.00000000 PA USD 415514.80000000 0.115243200273 Long DBT CORP US N 2 2033-06-15 Fixed 6.37500000 N N N N N N Benchmark Mortgage Trust N/A 08163UAD1 14078725.99000000 PA USD 579614.11000000 0.160756211234 Long ABS-MBS CORP US N 2 2057-09-15 Variable 1.30542840 N N N N N N Clean Harbors, Inc. 5493000SJVZVZJKHJF48 18449EAJ9 589170.19000000 PA USD 594879.25000000 0.164990004077 Long LON CORP US N 2 2032-10-11 Variable 5.21610000 N N N N N N American Home Mortgage Investment Trust N/A 026932AC7 571456.14000000 PA USD 346866.85000000 0.096203663173 Long ABS-MBS CORP US N 2 2047-05-25 Floating 3.97707120 N N N N N N Hologic, Inc. N/A N/A 580000.00000000 PA USD 576485.20000000 0.159888406762 Long LON CORP US N 2 2033-01-14 Variable 5.75452000 N N N N N N JH North America Holdings, Inc. 254900A6FXA0D81TL967 46593WAA3 30000.00000000 PA USD 30530.40000000 0.008467618967 Long DBT CORP US N 2 2031-01-31 Fixed 5.87500000 N N N N N N Nova Ltd. 529900B2DSWE5V3SC292 66982MAA2 73000.00000000 PA USD 117240.19000000 0.032516614802 Long DBT CORP IL N 2 2030-09-15 None 0.00000000 N N N N Y Nova Ltd. USD XXXX N N N J.P. Morgan Mortgage Trust N/A 46593NAY1 381676.00000000 PA USD 383463.16000000 0.106353664767 Long ABS-MBS CORP US N 2 2055-07-25 Floating 4.94727840 N N N N N N N/A N/A N/A -26.00000000 NC USD 47720.97000000 0.013235430610 N/A DIR US N 1 CME Clearing House LCZ7XYGSLJUHFXXNXD88 Short United States of America U.S. Treasury 10 Year Ultra Notes 2026-03-20 -2968062.50000000 USD 47720.97000000 N N N Vistra Operations Co. LLC 549300ZH5GKBTJZ7NM23 92840VAR3 465000.00000000 PA USD 488831.25000000 0.135577547763 Long DBT CORP US N 2 2032-04-15 Fixed 6.87500000 N N N N N N Alternative Loan Trust N/A 12667GZ30 320038.17000000 PA USD 291528.24000000 0.080855476983 Long ABS-MBS CORP US N 2 2035-09-25 Floating 4.48706880 N N N N N N J.P. Morgan Chase Commercial Mortgage Securities Trust N/A 46639YAX5 122592.62000000 PA USD 1287.22000000 0.000357010995 Long ABS-MBS CORP US N 2 2046-04-15 Variable 4.33112760 N N N N N N N/A N/A N/A 4605400.00000000 PA USD 66871.11000000 0.018546729796 N/A DIR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Call Purchased N/A Swaption 1.00000000 3.72500000 USD 2026-11-23 XXXX -158332.95000000 N N N Volkswagen Group of America Finance LLC 5493002SQ1AVQBY41K40 928668BN1 510000.00000000 PA USD 487764.91000000 0.135281797927 Long DBT CORP US N 2 2027-11-24 Fixed 1.62500000 N N N N N N Veritiv Operating Co. 5493004G8OK5L1UTIY12 92339LAA0 95000.00000000 PA USD 101839.72000000 0.028245288128 Long DBT CORP US N 2 2030-11-30 Fixed 10.50000000 N N N N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023CM5 303000.00000000 PA USD 299429.64000000 0.083046933515 Long DBT CORP US N 2 2027-02-01 Fixed 2.70000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -71828.18000000 -0.01992157519 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 13864000.00000000 NOK 1367480.23000000 USD 2026-03-17 -71828.18000000 N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023DQ5 964000.00000000 PA USD 1024227.49000000 0.284069914610 Long DBT CORP US N 2 2029-05-01 Fixed 6.29800000 N N N N N N Republic of Armenia 5299000H77JSW90G7935 N/A 900000.00000000 PA USD 819839.18000000 0.227382732967 Long DBT NUSS AM N 2 2031-02-02 Fixed 3.60000000 N N N N N N Boots Group Finco LP 254900YVLYOVF1PF1N93 09947PAB7 187672.34000000 PA USD 188571.29000000 0.052300324655 Long LON CORP GB N 2 2032-08-30 Variable 7.20627000 N N N N N N EquipmentShare.com, Inc. 254900PWJK48CGPKPI80 29450YAA7 355000.00000000 PA USD 371434.73000000 0.103017574771 Long DBT CORP US N 2 2028-05-15 Fixed 9.00000000 N N N N N N N/A N/A N/A 4099200.00000000 PA USD 146952.36000000 0.040757297343 N/A DIR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Call Purchased N/A Swaption 1.00000000 3.16500000 USD 2032-03-22 XXXX -146140.44000000 N N N Waystar Technologies, Inc. 549300BIRBTAWWHCSZ09 63939WAN3 204196.51000000 PA USD 203430.77000000 0.056421607530 Long LON CORP US N 2 2029-10-22 Variable 5.67192000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 31423XQX2 5481147.46000000 PA USD 946588.52000000 0.262536714424 Long ABS-MBS USGSE US N 2 2042-08-25 Fixed 4.50000000 N N N N N N Suriname Government International Bond 254900SYU4G5JM13TN77 86886PAF9 300000.00000000 PA USD 323613.00000000 0.089754198334 Long DBT NUSS SR N 2 2035-11-06 Fixed 8.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382FGY4 3541648.53000000 PA USD 431113.19000000 0.119569420139 Long ABS-MBS USGA US N 2 2050-05-20 Floating 2.31015960 N N N N N N Columbus McKinnon Corp. N/A 19933MAS2 83988.51000000 PA USD 83568.57000000 0.023177777179 Long LON CORP US N 2 2033-01-21 Variable 6.92419000 N N N N N N N/A N/A N/A 442000.00000000 PA USD -12633.84000000 -0.00350400070 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BBB-13 137BERAM9 Y Receipt of notional amount upon default event with regard to the reference instrument 2072-12-16 91862.34000000 USD 0.00000000 USD 442000.00000000 USD -12633.84000000 N N N Cloudflare, Inc. 5493007DY18BGNLDWU14 18915MAE7 145000.00000000 PA USD 153061.98000000 0.042451802957 Long DBT CORP US N 2 2030-06-15 None 0.00000000 N N N N Y Cloudflare, Inc. USD XXXX N N N N/A N/A N/A 134000.00000000 PA USD -689.66000000 -0.00019127748 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index Series BB-8 137BEMAG3 Y Receipt of notional amount upon default event with regard to the reference instrument 2057-10-17 54713.48000000 USD 0.00000000 USD 134000.00000000 USD -689.66000000 N N N FHLMC Multifamily Structured Credit Risk 549300FK6HM4FW58SP67 35563GAB5 1746000.00000000 PA USD 1812655.12000000 0.502740641296 Long ABS-MBS CORP US N 2 2051-11-25 Floating 7.69727880 N N N N N N Wayfair, Inc. 54930027N9ZAVYFDHK53 94419LAP6 153000.00000000 PA USD 262226.70000000 0.072728682841 Long DBT CORP US N 2 2027-09-15 Fixed 3.25000000 N N N N Y Wayfair, Inc. USD XXXX N N N N/A N/A N/A 8130000.00000000 PA -12751.65000000 -0.00353667535 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2036-03-18 0.00000000 USD 8761.13000000 USD 8130000.00000000 CAD -12751.65000000 N N N SG Commercial Mortgage Securities Trust 549300SZQW4U3UN4A157 78419CAD6 1034000.00000000 PA USD 1025914.84000000 0.284537901825 Long ABS-MBS CORP US N 2 2048-10-10 Fixed 3.05500000 N N N N N N NRW Bank 52990002O5KK6XOGJ020 62939MB97 1900000.00000000 PA USD 1898081.38000000 0.526433649559 Long STIV CORP DE N 2 2026-02-09 Fixed 0.00000000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647BV8 145000.00000000 PA USD 150107.34000000 0.041632332340 Long DBT CORP US N 2 2032-03-01 Fixed 6.62500000 N N N N N N FHLMC 5493007222WHFWMBOC78 35563KBE9 315000.00000000 PA USD 391530.20000000 0.108591061621 Long ABS-MBS CORP US N 2 2049-01-25 Floating 14.56175880 N N N N N N Spirit AeroSystems, Inc. ZD2NBKV6GCC3UMGBM518 85205TAK6 905000.00000000 PA USD 911426.07000000 0.252784394488 Long DBT CORP US N 2 2028-06-15 Fixed 4.60000000 N N N N N N FNMA N/A 20754CAF6 459000.00000000 PA USD 468105.09000000 0.129829138783 Long ABS-MBS CORP US N 2 2040-01-25 Floating 7.06176000 N N N N N N Caesars Entertainment, Inc. 549300FA4CTCW903Y781 12769GAB6 509000.00000000 PA USD 525842.81000000 0.145842719116 Long DBT CORP US N 2 2030-02-15 Fixed 7.00000000 N N N N N N Alternative Loan Trust N/A 02146QAC7 400662.81000000 PA USD 377209.93000000 0.104619328861 Long ABS-MBS CORP US N 2 2046-08-25 Floating 4.16706840 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46643ABK8 364000.00000000 PA USD 358131.48000000 0.099327912925 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.53623400 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RHE9 1395780.90000000 PA USD 36495.48000000 0.010122036352 Long ABS-MBS USGA US N 2 2065-09-20 Variable 1.74857040 N N N N N N Morgan Stanley Capital I Trust N/A 61767YBE9 404000.00000000 PA USD 385250.00000000 0.106849245574 Long ABS-MBS CORP US N 2 2051-07-15 Variable 4.85850240 N N N N N N UKG, Inc. 529900FKHWSTQ1GXK240 89841EAB1 454261.50000000 PA USD 443945.22000000 0.123128388925 Long LON CORP US N 2 2031-02-10 Variable 6.16684000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137ALYB9 243557.07000000 PA USD 31688.02000000 0.008788685349 Long ABS-MBS USGSE US N 2 2042-01-15 Fixed 4.50000000 N N N N N N CRC Insurance Group LLC N/A 89788VAG7 590000.00000000 PA USD 589448.35000000 0.163483741733 Long LON CORP US N 2 2031-05-06 Variable 6.42194000 N N N N N N Waste Pro USA, Inc. 549300BY1QXU5BI3UF28 94107JAC7 860000.00000000 PA USD 885683.90000000 0.245644793076 Long DBT CORP US N 2 2033-02-01 Fixed 7.00000000 N N N N N N Kodiak Gas Services LLC 549300ZQBRWEUOVOM131 50012LAD6 220000.00000000 PA USD 225445.66000000 0.062527446305 Long DBT CORP US N 2 2033-10-01 Fixed 6.50000000 N N N N N N N/A N/A N/A 27000.00000000 PA USD 396.85000000 0.000110066510 N/A DCR US N 2 BANK OF AMERICA NA B4TYDEB6GKMZO031MB27 Markit CMBX North American Index Series BBB-6 137BERAF4 Y Payout of notional amount upon default event with regard to the reference instrument 2063-05-11 0.00000000 USD 1539.00000000 USD 27000.00000000 USD 396.85000000 N N N Ford Motor Credit Co. LLC UDSQCVRUX5BONN0VY111 345397A86 290000.00000000 PA USD 288683.23000000 0.080066412292 Long DBT CORP US N 2 2027-08-17 Fixed 4.12500000 N N N N N N Lendbuzz Securitization Trust N/A 525952AD9 193000.00000000 PA USD 193888.42000000 0.053775032842 Long ABS-O CORP US N 2 2031-09-15 Fixed 5.74000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 21H052629 11000000.00000000 PA USD 11121870.87000000 3.084655449297 Long ABS-MBS USGA US N 2 2056-02-15 Fixed 5.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -3621.60000000 -0.00100445224 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 129100.00000000 AUD 86255.58000000 USD 2026-04-15 -3621.60000000 N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 780153BV3 548000.00000000 PA USD 565065.40000000 0.156721120546 Long DBT CORP LR N 2 2033-02-01 Fixed 6.00000000 N N N N N N Hess Midstream Operations LP N/A 428102AE7 590000.00000000 PA USD 576620.45000000 0.159925918405 Long DBT CORP US N 2 2030-02-15 Fixed 4.25000000 N N N N N N N/A N/A N/A 215000.00000000 PA USD -94851.51000000 -0.02630710521 N/A DCR US N 2 J P MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 Markit CMBX North American Index Series BB-10 137BEMAI9 Y Payout of notional amount upon default event with regard to the reference instrument 2059-11-17 0.00000000 USD 17251.21000000 USD 215000.00000000 USD -94851.51000000 N N N 2026-03-02 Putnam Premier Income Trust Chris Beararducci Chris Beararducci Principal Financial Officer