NPORT-P false 0000836622 XXXXXXXX S000005529 C000015039 C000015038 C000135951 C000015040 C000015036 C000015041 Putnam Diversified Income Trust 811-05635 0000836622 BEV01UAW1ZICRL6JHE75 100 Federal Street Boston 02110 617-292-1000 Putnam Diversified Income Trust S000005529 BEV01UAW1ZICRL6JHE75 2025-09-30 2025-09-30 N 1328564952.65 300687615.68 1027877336.97 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 236347306.24000001 0.00000000 0.00000000 1808588.76000000 AUD CAD CHF CNY CZK EUR GBP HKD HUF ILS JPY NOK NZD PLN SEK SGD TWD USD ZAR N N/A N/A BMO Mortgage Trust N/A 05593QAD6 34249612.52000000 PA USD 1539109.09000000 0.149736649952 Long ABS-MBS CORP US N 2 2057-09-15 Variable 1.57440240 N N N N N N Benin Government International Bond 635400Q11P6AE5A5Y230 08205QAA6 990000.00000000 PA USD 1014812.70000000 0.098728969255 Long DBT NUSS BJ N 2 2038-02-13 Fixed 7.96000000 N N N N N N BBCMS Mortgage Trust N/A 07336YAG0 10298391.95000000 PA USD 403762.87000000 0.039281230889 Long ABS-MBS CORP US N 2 2057-12-15 Variable 1.28087280 N N N N N N Constellium SE 724500KRJEMC79KAAU28 N/A 980000.00000000 PA 1122804.24000000 0.109235236503 Long DBT CORP FR N 2 2029-07-15 Fixed 3.12500000 N N N N N N COMM Mortgage Trust N/A 12630BAE8 2113000.00000000 PA USD 1193845.00000000 0.116146640952 Long ABS-MBS CORP US N 2 2046-11-10 Variable 5.10914160 N N N N N N Bear Stearns Mortgage Funding Trust N/A 07401AAX5 3105338.09000000 PA USD 2909474.48000000 0.283056584220 Long ABS-MBS CORP US N 2 2046-09-25 Floating 4.73239080 N N N N N N Romania 315700IASY927EDWBK92 77586TAE6 930000.00000000 PA USD 873368.22000000 0.084968136623 Long DBT NUSS RO N 2 2044-01-22 Fixed 6.12500000 N N N N N N N/A N/A N/A 808000.00000000 PA USD -8618.67000000 -0.00083849207 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 146652.00000000 USD 0.00000000 USD 808000.00000000 USD -8618.67000000 N N N Itron, Inc. 24F6LSZD18II6ICG6S41 465741AQ9 486000.00000000 PA USD 558171.00000000 0.054303269458 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 408000.00000000 PA USD 472162.12000000 0.045935648449 Long ABS-MBS CORP US N 2 2048-09-25 Floating 12.22050960 N N N N N N N/A N/A N/A 1950000.00000000 PA USD -417310.58000000 -0.04059925878 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 479943.54000000 USD 0.00000000 USD 1950000.00000000 USD -417310.58000000 N N N FNMA or FHLMC N/A 01F0626A4 7000000.00000000 PA USD 7234779.58000000 0.703856318238 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 6.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RBE5 13436871.39000000 PA USD 344400.45000000 0.033505987301 Long ABS-MBS USGA US N 2 2065-05-20 Variable 1.82594880 N N N N N N Workiva, Inc. 529900RTOQ8GRWHY1O58 98139AAD7 271000.00000000 PA USD 267951.25000000 0.026068407227 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 1.00000000 NC N/A 1789.58000000 0.000174104432 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 665800.00000000 EUR 786967.61000000 USD 2025-12-17 1789.58000000 N N N N/A N/A N/A 249000.00000000 PA USD 16728.91000000 0.001627520074 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 33145.68000000 USD 249000.00000000 USD 16728.91000000 N N N GNMA 549300M8ZYFG0OCMTT87 38379NRH7 4556509.98000000 PA USD 977088.43000000 0.095058855259 Long ABS-MBS USGA US N 2 2039-10-20 Fixed 5.00000000 N N N N N N Beach Acquisition Bidco LLC 254900F2FNX3GBTB6202 07337JAE7 560000.00000000 PA 675563.64000000 0.065724149730 Long DBT CORP US N 2 2032-07-15 Fixed 5.25000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 8509.52000000 0.000827873102 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 3165900.00000000 EUR 3742055.81000000 USD 2025-12-17 8509.52000000 N N N Alnylam Pharmaceuticals, Inc. 529900S3ZI14OWRJII50 02043QAC1 405000.00000000 PA USD 402721.88000000 0.039179955186 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 1.00000000 NC N/A -4557.27000000 -0.00044336710 N/A DFE N/A N 2 Bank of America B4TYDEB6GKMZO031MB27 611017.60000000 USD 89232400.00000000 JPY 2025-11-19 -4557.27000000 N N N GNMA 549300M8ZYFG0OCMTT87 38381AKY1 995446.20000000 PA USD 139414.13000000 0.013563304198 Long ABS-MBS USGA US N 2 2048-10-20 Floating 1.90008000 N N N N N N Federation des Caisses Desjardins du Quebec 549300B2Q47IR0CR5B54 31429KAP8 1015000.00000000 PA USD 1021001.53000000 0.099331067363 Long DBT CORP CA N 2 2030-08-26 Fixed 4.56500000 N N N N N N N/A N/A N/A 1321000.00000000 PA USD 37177.88000000 0.003616956874 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 79607.69000000 USD 1321000.00000000 USD 37177.88000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 31392DQ47 2809017.40000000 PA USD 35634.07000000 0.003466762882 Long ABS-MBS USGSE US N 2 2042-06-25 Variable 0.29121840 N N N N N N N/A N/A N/A 1.00000000 NC N/A 19938.70000000 0.001939793716 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 12797100.00000000 SEK 1385850.34000000 USD 2025-12-17 19938.70000000 N N N Serbia International Bond 254900W94OCY91V32O78 N/A 730000.00000000 PA USD 794057.81000000 0.077252195513 Long DBT NUSS RS N 2 2033-09-26 Fixed 6.50000000 N N N N N N Government of Jamaica (The) 529900Y93KNSXZI8KK56 470160AV4 370000.00000000 PA USD 450785.80000000 0.043855991740 Long DBT NUSS JM N 2 2039-03-15 Fixed 8.00000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 29425AAH6 489000.00000000 PA USD 419317.50000000 0.040794507760 Long ABS-MBS CORP US N 2 2058-09-10 Variable 4.54456800 N N N N N N N/A N/A N/A 1.00000000 NC N/A 10542.96000000 0.001025702155 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 7795800.00000000 NOK 791888.72000000 USD 2025-12-17 10542.96000000 N N N Matador Resources Co. 549300CI3Q2UUK5R4G79 576485AF3 2661000.00000000 PA USD 2717543.59000000 0.264384036135 Long DBT CORP US N 2 2028-04-15 Fixed 6.87500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 1188.41000000 0.000115617881 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 65800.00000000 CAD 48500.04000000 USD 2025-10-15 1188.41000000 N N N Hess Midstream Operations LP N/A 428102AH0 360000.00000000 PA USD 367201.82000000 0.035724284094 Long DBT CORP US N 2 2028-03-01 Fixed 5.87500000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B5RP2 8181282.85000000 PA USD 1023255.14000000 0.099550316287 Long ABS-MBS USGSE US N 2 2049-08-25 Floating 1.57948920 N N N N N N N/A N/A N/A 1.00000000 NC N/A 10947.50000000 0.001065058991 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 592600.00000000 CAD 437039.79000000 USD 2025-10-15 10947.50000000 N N N COMM Mortgage Trust N/A 200474BF0 219781.44000000 PA USD 216045.16000000 0.021018574126 Long ABS-MBS CORP US N 2 2048-02-10 Variable 3.82899960 N N N N N N Great Canadian Gaming Corp. N/A C4111RAJ4 1000000.00000000 PA USD 966880.00000000 0.094065698816 Long LON CORP CA N 2 2029-11-01 Variable 8.75330000 N N N N N N FHLMC 5493000ITBJ4KEFYWF83 35565LBE5 500000.00000000 PA USD 601514.50000000 0.058520066389 Long ABS-MBS CORP US N 2 2050-03-25 Floating 12.07050840 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379FFD6 8784913.54000000 PA USD 1664259.70000000 0.161912286626 Long ABS-MBS USGA US N 2 2045-06-20 Fixed 5.00000000 N N N N N N McGraw-Hill Education, Inc. 254900U6YJ9QZ4IQOR26 58064LAA2 900000.00000000 PA USD 935832.60000000 0.091045163303 Long DBT CORP US N 2 2031-09-01 Fixed 7.37500000 N N N N N N Dresdner Funding Trust I 549300ZEO4BKB37E3J03 26156FAA1 100000.00000000 PA USD 110534.90000000 0.010753705332 Long DBT CORP US N 2 2031-06-30 Fixed 8.15100000 N N N N N N AeroVironment, Inc. 529900PGHVI29YLZ6221 008073AA6 380000.00000000 PA USD 471770.00000000 0.045897499928 Long DBT CORP US N 2 2030-07-15 None 0.00000000 N N N N Y AeroVironment, Inc. USD XXXX N N N N/A N/A N/A 10843500.00000000 PA 286949.51000000 0.027916707536 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Call Purchased N/A Swaption 1.00000000 2.70000000 AUD 2037-04-01 XXXX -370923.83000000 N N N Hunter Douglas, Inc. N/A N8137FAE0 1208705.22500000 PA USD 1211835.77000000 0.117896924702 Long LON CORP US N 2 2032-01-16 Variable 7.25150000 N N N N N N FHLMC N/A 35563PKR9 233611.21000000 PA USD 227352.11000000 0.022118603244 Long ABS-MBS CORP US N 2 2058-08-25 Variable 4.74999840 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376MSQ1 9562736.91000000 PA USD 1731884.33000000 0.168491343053 Long ABS-MBS USGA US N 2 2041-08-20 Fixed 4.50000000 N N N N N N N/A N/A N/A 510000.00000000 PA USD -210359.99000000 -0.02046547602 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 40921.49000000 USD 510000.00000000 USD -210359.99000000 N N N N/A N/A N/A 31866700.00000000 PA 569513.83000000 0.055406789265 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 -227108.07000000 N N N Avnet, Inc. XJI53DCPL7QABOWK4Z75 053807AY9 286000.00000000 PA USD 289432.00000000 0.028158223709 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 15912662.27000000 PA USD 703705.66000000 0.068462027003 Long ABS-MBS USGA US N 2 2067-08-20 Variable 2.44801080 N N N N N N MFA Trust N/A 58004YAA7 509586.91000000 PA USD 510589.22000000 0.049674139280 Long ABS-MBS CORP US N 2 2054-09-25 Fixed 6.32999880 N N N N N N United Mexican States 254900EGTWEU67VP6075 91087BAM2 240000.00000000 PA USD 213816.00000000 0.020801703891 Long DBT NUSS MX N 2 2031-05-24 Fixed 2.65900000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 1160.62000000 0.000112914251 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 431800.00000000 EUR 510382.42000000 USD 2025-12-17 1160.62000000 N N N Hims & Hers Health, Inc. 254900V041EIVTSB6D58 433000AA4 101000.00000000 PA USD 113877.50000000 0.011078899777 Long DBT CORP US N 2 2030-05-15 None 0.00000000 N N N N Y Hims & Hers Health, Inc. USD XXXX N N N Pertamina Hulu Energi PT 2549003IT1KDHL64C037 74448WAA2 1255000.00000000 PA USD 1283137.46000000 0.124833714476 Long DBT CORP ID N 2 2030-05-21 Fixed 5.25000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 95000U3E1 2725000.00000000 PA USD 2824660.17000000 0.274805180385 Long DBT CORP US N 2 2029-07-25 Fixed 5.57400000 N N N N N N Integer Holdings Corp. 549300SUD2ED5XG6X569 45826HAC3 498000.00000000 PA USD 485052.00000000 0.047189677459 Long DBT CORP US N 2 2030-03-15 Fixed 1.87500000 N N N N Y Integer Holdings Corp. USD XXXX N N N JH North America Holdings, Inc. 254900A6FXA0D81TL967 46593WAB1 340000.00000000 PA USD 348548.96000000 0.033909587016 Long DBT CORP US N 2 2032-07-31 Fixed 6.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UB25 27415645.86000000 PA USD 815944.45000000 0.079381500170 Long ABS-MBS USGA US N 2 2067-04-20 Variable 1.86401880 N N N N N N Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy N/A 11952AAA0 885470.90130000 PA USD 958286.72000000 0.093229676881 Long DBT CORP MX N 2 2039-02-15 Fixed 7.87500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382QX21 25991878.13000000 PA USD 3665216.10000000 0.356581079100 Long ABS-MBS USGA US N 2 2051-05-20 Floating 2.05008120 N N N N N N Schneider Electric SE 969500A1YF1XUYYXS284 N/A 600000.00000000 PA 749721.34000000 0.072938794643 Long DBT CORP FR N 2 2031-06-28 Fixed 1.62500000 N N N N N Schneider Electric SE EUR XXXX N N N Under Armour, Inc. 549300D4549QKWETZ406 904311AD9 465000.00000000 PA USD 465587.77000000 0.045296043920 Long DBT CORP US N 2 2030-07-15 Fixed 7.25000000 N N N N N N Enel Finance America LLC 549300EGNLVUJX1DEC60 29279GZK6 2165000.00000000 PA USD 2144713.08000000 0.208654574126 Long STIV CORP US N 2 2025-12-19 Fixed 0.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 521.82000000 0.000050766757 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 508826.94000000 USD 3959100.00000000 HKD 2025-11-19 521.82000000 N N N Alternative Loan Trust N/A 12668AEV3 362472.44000000 PA USD 351723.68000000 0.034218448772 Long ABS-MBS CORP US N 2 2035-11-20 Floating 4.90992120 N N N N N N Alternative Loan Trust N/A 02146BAA4 1725801.10000000 PA USD 1604197.53000000 0.156068965848 Long ABS-MBS CORP US N 2 2046-06-25 Variable 3.16090080 N N N N N N Republic of Colombia 549300MHDRBVRF6B9117 195325ER2 600000.00000000 PA USD 639480.00000000 0.062213649138 Long DBT NUSS CO N 2 2030-04-25 Fixed 7.37500000 N N N N N N N/A N/A N/A 701000.00000000 PA 8822.21000000 0.000858294047 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-09-17 0.00000000 USD 1277.17000000 USD 701000.00000000 EUR 8822.21000000 N N N N/A N/A N/A -48909700.00000000 PA USD -256.57000000 -0.00002496114 N/A DIR N/A N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Put Written N/A Swaption 1.00000000 4.50000000 USD 2025-10-09 XXXX 158984.32000000 N N N Crescent Energy Finance LLC 54930061FUL6DBLFUW14 45344LAG8 860000.00000000 PA USD 872098.05000000 0.084844564485 Long DBT CORP US N 2 2034-01-15 Fixed 8.37500000 N N N N N N Republic of Indonesia 529900FWX0GRR7WG5W79 N/A 1320000.00000000 PA USD 1630838.33000000 0.158660792620 Long DBT NUSS ID N 2 2038-01-17 Fixed 7.75000000 N N N N N N Republic of Ghana 213800PP4399SNNXZ126 374422AN3 82497.50000000 PA USD 70862.72000000 0.006894083316 Long DBT NUSS GH N 2 2030-01-03 None 0.00000000 N N N N N N Proofpoint, Inc. 529900C5FODDK0WSR085 74345HAG6 1373387.48980000 PA USD 1380487.90000000 0.134304731736 Long LON CORP US N 2 2028-08-31 Variable 7.16340000 N N N N N N N/A N/A N/A 291000.00000000 PA USD -2619.00000000 -0.00025479693 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 37539.00000000 USD 0.00000000 USD 291000.00000000 USD -2619.00000000 N N N Republic of Ecuador 5299003Y2U5XK0A35H71 N/A 802170.00000000 PA USD 600624.79000000 0.058433508396 Long DBT NUSS EC N 2 2035-07-31 Fixed 6.90000120 N N N N N N COMM 2013-CCRE12 Mortgage Trust 549300MGZ5FI5VFL1177 12591KAG0 1122170.53000000 PA USD 1066167.26000000 0.103725145175 Long ABS-MBS CORP US N 2 2046-10-10 Fixed 4.30000000 N N N N N N COMM Mortgage Trust N/A 126192AL7 10009000.00000000 PA USD 1285831.21000000 0.125095783684 Long ABS-MBS CORP US N 2 2044-12-10 Fixed 4.25000000 N N N N N N Romania 315700IASY927EDWBK92 77586RAK6 1460000.00000000 PA USD 1426306.60000000 0.138762335611 Long DBT NUSS RO N 2 2027-02-27 Fixed 3.00000000 N N N N N N Empresa Nacional del Petroleo 549300YP3P0JZBLIV197 29245JAP7 695000.00000000 PA USD 732838.58000000 0.071296306829 Long DBT NUSS CL N 2 2034-07-30 Fixed 5.95000000 N N N N N N BANK5 Trust N/A 06604AAH7 40128901.85000000 PA USD 1662472.18000000 0.161738382607 Long ABS-MBS CORP US N 2 2057-10-15 Variable 1.40147280 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71643VAB1 421000.00000000 PA USD 417475.39000000 0.040615292796 Long DBT NUSS MX N 2 2032-02-16 Fixed 6.70000000 N N N N N N Republic of Ghana 213800PP4399SNNXZ126 374422AP8 1443360.00000000 PA USD 1220119.29000000 0.118702810745 Long DBT NUSS GH N 2 2035-07-03 Fixed 5.00000000 N N N N N N FNMA N/A 20754WAC9 126000.00000000 PA USD 128937.84000000 0.012544088225 Long ABS-MBS CORP US N 2 2040-01-25 Floating 7.47051120 N N N N N N N/A N/A N/A 1.00000000 NC N/A -1297.98000000 -0.00012627771 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 570782.01000000 USD 482900.00000000 EUR 2025-12-17 -1297.98000000 N N N Republic of Iraq N/A N/A 1218750.00000000 PA USD 1213448.79000000 0.118053851987 Long DBT NUSS IQ N 2 2028-01-15 Fixed 5.80000000 N N N N N N Ahead DB Holdings LLC 254900L07WFL833JX193 00866HAH8 534753.92730000 PA USD 536058.73000000 0.052152013739 Long LON CORP US N 2 2031-02-03 Variable 6.75150000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XDY7 413628.88000000 PA USD 443625.16000000 0.043159348303 Long ABS-MBS CORP US N 2 2029-04-25 Floating 13.72051080 N N N N N N N/A N/A N/A 166000.00000000 PA USD 14890.71000000 0.001448685505 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 66898.95000000 USD 0.00000000 USD 166000.00000000 USD 14890.71000000 N N N N/A N/A N/A 1.00000000 NC N/A -626.36000000 -0.00006093723 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 174000.00000000 AUD 114532.42000000 USD 2025-10-15 -626.36000000 N N N Republic of the Philippines 529900RAHBALMYIJ3T08 718286CG0 550000.00000000 PA USD 543621.01000000 0.052887731876 Long DBT NUSS PH N 2 2029-01-14 Fixed 3.75000000 N N N N N N Republic of Paraguay 529900UXKJTJPCU0HK83 N/A 450000.00000000 PA USD 462424.50000000 0.044988296109 Long DBT NUSS PY N 2 2044-08-11 Fixed 6.10000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379EAL6 6408076.11000000 PA USD 639914.33000000 0.062255904180 Long ABS-MBS USGA US N 2 2044-08-20 Floating 1.35007920 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381YL93 12909011.82000000 PA USD 3148204.62000000 0.306282131803 Long ABS-MBS USGA US N 2 2049-09-20 Fixed 5.00000000 N N N N N N Herc Holdings, Inc. 549300TP80QLITMSBP82 42704LAE4 375000.00000000 PA USD 385594.88000000 0.037513705782 Long DBT CORP US N 2 2029-06-15 Fixed 6.62500000 N N N N N N COMM Mortgage Trust N/A 12629NAJ4 2646000.00000000 PA USD 2524138.47000000 0.245568063348 Long ABS-MBS CORP US N 2 2048-02-10 Variable 4.03499880 N N N N N N N/A N/A N/A 1.00000000 NC N/A 14188.47000000 0.001380366069 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 10491400.00000000 NOK 1065704.78000000 USD 2025-12-17 14188.47000000 N N N GNMA 549300M8ZYFG0OCMTT87 21H0426A2 5500000.00000000 PA USD 5334527.94000000 0.518984877682 Long ABS-MBS USGA US N 2 2055-10-15 Fixed 4.50000000 N N N N N N Welltower OP LLC T6IZ0MBEG5ACZDTR7D06 95041AAB4 230000.00000000 PA USD 430905.00000000 0.041921830991 Long DBT CORP US N 2 2028-05-15 Fixed 2.75000000 N N N N Y Welltower, Inc. USD XXXX N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 01609WBG6 309000.00000000 PA USD 568405.50000000 0.055298962196 Long DBT CORP KY N 2 2031-06-01 Fixed 0.50000000 N N N N N Alibaba Group Holding Ltd. USD XXXX N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YFA8 4240000.00000000 PA USD 4331836.87000000 0.421435196029 Long DBT CORP US N 2 2029-02-01 Fixed 5.12300000 N N N N N N Power Finance Corp. Ltd. 3358003Q6D9LIJJZ1614 73928RAB2 1380000.00000000 PA USD 1346271.39000000 0.130975880251 Long DBT NUSS IN N 2 2030-04-23 Fixed 3.95000000 N N N N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756CH1 500000.00000000 PA USD 512250.00000000 0.049835713034 Long DBT NUSS BR N 2 2034-03-15 Fixed 6.12500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 5993.80000000 0.000583124054 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 4432000.00000000 NOK 450197.65000000 USD 2025-12-17 5993.80000000 N N N GNMA 549300M8ZYFG0OCMTT87 38376RA63 23559132.28000000 PA USD 1081646.88000000 0.105231124483 Long ABS-MBS USGA US N 2 2066-10-20 Variable 2.52551160 N N N N N N Shift4 Payments, Inc. N/A 82452JAD1 430000.00000000 PA USD 424230.48000000 0.041272481135 Long DBT CORP US N 2 2027-08-01 Fixed 0.50000000 N N N N Y Shift4 Payments, Inc. USD XXXX N N N Ukraine 6354001WLTJXOMEXPY07 903724CE0 267727.00000000 PA USD 112009.28000000 0.010897144627 Long DBT NUSS UA N 2 2034-02-01 Fixed 0.00000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XDN1 439168.73000000 PA USD 468711.96000000 0.045599989720 Long ABS-MBS CORP US N 2 2029-01-25 Floating 15.22050840 N N N N N N Oman Government International Bond 549300SZ20F0QTKNQC75 N/A 2167000.00000000 PA USD 2285133.40000000 0.222315768410 Long DBT NUSS OM N 2 2029-08-01 Fixed 6.00000000 N N N N N N COMM Mortgage Trust N/A 12592GAG8 149803.42000000 PA USD 146526.47000000 0.014255248630 Long ABS-MBS CORP US N 2 2047-08-10 Variable 4.57220880 N N N N N N Huntsman International LLC 3YTEJFW18LGIUQ2N5J61 44701QBE1 1300000.00000000 PA USD 1244638.37000000 0.121088219891 Long DBT CORP US N 2 2029-05-01 Fixed 4.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378JL67 4144262.17000000 PA USD 789983.81000000 0.076855844718 Long ABS-MBS USGA US N 2 2043-03-20 Fixed 4.50000000 N N N N N N FNMA or FHLMC N/A 01F0426A6 -17000000.00000000 PA USD -16491567.74000000 -1.60442955076 Short ABS-MBS USGSE US N 2 2055-10-25 Fixed 4.50000000 N N N N N N Strategy, Inc. 549300WQTWEJUEHXQX21 594972AT8 289000.00000000 PA USD 304895.00000000 0.029662586092 Long DBT CORP US N 2 2030-03-01 None 0.00000000 N N N N Y Strategy, Inc. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A 154910.52000000 0.015070915023 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 4865400.00000000 NZD 2977040.95000000 USD 2025-10-15 154910.52000000 N N N N/A N/A N/A 7606000.00000000 PA USD 123444.31000000 0.012009634375 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-09-17 62862.00000000 USD 0.00000000 USD 7606000.00000000 USD 123444.31000000 N N N N/A N/A N/A 1.00000000 NC N/A -16214.91000000 -0.00157751410 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 5460274.75000000 USD 4293900.00000000 CHF 2025-12-17 -16214.91000000 N N N Alternative Loan Trust N/A 02146BAB2 174776.75000000 PA USD 172456.59000000 0.016777934856 Long ABS-MBS CORP US N 2 2046-06-25 Floating 5.09342040 N N N N N N Sunoco LP 54930001NJU8E40NQ561 86765KAD1 988000.00000000 PA USD 1006344.42000000 0.097905108304 Long DBT CORP US N 2 2033-07-01 Fixed 6.25000000 N N N N N N PG&E Corp. 8YQ2GSDWYZXO2EDN3511 69331CAL2 584000.00000000 PA USD 592059.20000000 0.057600180362 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 Paraguay Government International Bond 529900UXKJTJPCU0HK83 N/A 1490000.00000000 PA USD 1397024.00000000 0.135913493736 Long DBT NUSS PY N 2 2033-06-28 Fixed 3.84900000 N N N N N N Cloud Software Group, Inc. 04EEB871XLHVNY4RZJ65 88632QAE3 500000.00000000 PA USD 505060.16000000 0.049136228792 Long DBT CORP US N 2 2029-03-31 Fixed 6.50000000 N N N N N N Aramark Services, Inc. 42YMHYH0XMHJEXDUB065 038522AQ1 1226000.00000000 PA USD 1221677.74000000 0.118854429031 Long DBT CORP US N 2 2028-02-01 Fixed 5.00000000 N N N N N N McGraw-Hill Education, Inc. 254900U6YJ9QZ4IQOR26 57767XAA8 934000.00000000 PA USD 934245.24000000 0.090890732424 Long DBT CORP US N 2 2028-08-01 Fixed 5.75000000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647BZ9 135000.00000000 PA USD 138937.14000000 0.013516898855 Long DBT CORP US N 2 2034-01-31 Fixed 6.25000000 N N N N N N FNMA or FHLMC N/A 01F0306A1 6000000.00000000 PA USD 5271082.02000000 0.512812359063 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 3.00000000 N N N N N N Fidelity National Information Services, Inc. 6WQI0GK1PRFVBA061U48 31621YXF1 2215000.00000000 PA USD 2211048.00000000 0.215108157410 Long STIV CORP US N 2 2025-10-15 None 0.00000000 N N N N N N RHP Hotel Properties LP / RHP Finance Corp. N/A 749571AK1 1225000.00000000 PA USD 1260323.30000000 0.122614173371 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 1250000.00000000 PA USD 1264714.78000000 0.123041411120 Long DBT CORP US N 2 2029-10-01 Fixed 5.02600000 N N N N N N Hungary 5299003F3UFKGCCMAP43 N/A 1890000.00000000 PA USD 1937383.47000000 0.188483917323 Long DBT NUSS HU N 2 2029-06-16 Fixed 5.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378HK70 7934567.12000000 PA USD 1292703.64000000 0.125764387782 Long ABS-MBS USGA US N 2 2042-10-20 Fixed 3.50000000 N N N N N N Republic of Turkiye (The) 5493000PCHOG3B6S3Q85 N/A 1000000.00000000 PA USD 1068972.76000000 0.103998086303 Long DBT NUSS TR N 2 2027-09-24 Fixed 8.60000000 N N N N N N Athene Global Funding 549300LM1QSI4MSIL320 04685A3Q2 1220000.00000000 PA USD 1261469.61000000 0.122725695433 Long DBT CORP US N 2 2029-01-09 Fixed 5.58300000 N N N N N N Taylor Morrison Communities, Inc. 549300O1Z08HI2MRK572 87724RAJ1 2811000.00000000 PA USD 2804521.94000000 0.272845974819 Long DBT CORP US N 2 2030-08-01 Fixed 5.12500000 N N N N N N N/A N/A N/A 5955000.00000000 PA USD 664831.36000000 0.064680029035 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 1035418.84000000 USD 5955000.00000000 USD 664831.36000000 N N N AES Andes SA 549300IF4IFG0FS0RM26 00111VAD9 1170000.00000000 PA USD 1226363.76000000 0.119310321950 Long DBT CORP CL N 2 2032-03-14 Fixed 6.25000000 N N N N N N Constellium SE 724500KRJEMC79KAAU28 21039CAD6 1785000.00000000 PA USD 1826044.29000000 0.177651965299 Long DBT CORP FR N 2 2032-08-15 Fixed 6.37500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382FGP3 2131323.93000000 PA USD 284617.85000000 0.027689865294 Long ABS-MBS USGA US N 2 2050-04-20 Floating 1.85007960 N N N N N N Barclays Bank plc G5GSEF7VJP5I7OUK5573 06744EDH7 91000.00000000 PA USD 102607.05000000 0.009982421667 Long DBT CORP GB N 2 2029-02-16 Fixed 1.00000000 N N N N N Microsoft Corp. USD XXXX N N N N/A N/A N/A 3227000.00000000 PA -12663.46000000 -0.00123200109 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 1740.87000000 USD 0.00000000 USD 3227000.00000000 EUR -12663.46000000 N N N PG Polaris BidCo SARL 254900XMCCB3IEZ2A005 91728NAB5 550844.44000000 PA USD 553392.10000000 0.053838340441 Long LON CORP US N 2 2031-03-26 Variable 7.04561000 N N N N N N CSAIL Commercial Mortgage Trust 549300FU8TZDHFLQZL50 12636LAY6 322606.75000000 PA USD 321512.60000000 0.031279277053 Long ABS-MBS CORP US N 2 2048-11-15 Fixed 3.75670000 N N N N N N N/A N/A N/A 21121500.00000000 PA 2583884.52000000 0.251380629484 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Put Purchased N/A Swaption 1.00000000 2.00000000 AUD 2036-09-10 XXXX 1463577.67000000 N N N Petronas Capital Ltd. 549300G7YFX3540OYR85 716743AV1 1030000.00000000 PA USD 1063743.64000000 0.103489356340 Long DBT CORP MY N 2 2031-01-03 Fixed 4.95000000 N N N N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756BW9 1320000.00000000 PA USD 1074084.00000000 0.104495347972 Long DBT NUSS BR N 2 2045-01-27 Fixed 5.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 9534.55000000 0.000927596091 N/A DFE N/A N 2 State Street Bank and Trust 571474TGEMMWANRLN572 1296500.00000000 CAD 941746.26000000 USD 2025-10-15 9534.55000000 N N N N/A N/A N/A 643000.00000000 PA USD 31884.39000000 0.003101964490 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 71899.12000000 USD 643000.00000000 USD 31884.39000000 N N N Nutrien Ltd. 5493002QQ7GD21OWF963 67077UXE5 1145000.00000000 PA USD 1143077.32000000 0.111207561338 Long STIV CORP CA N 2 2025-10-14 None 0.00000000 N N N N N N Boston Properties LP BVHHEFJI6SHNOKQT2572 10112RBM5 379000.00000000 PA USD 379379.00000000 0.036908976037 Long DBT CORP US N 2 2030-10-01 Fixed 2.00000000 N N N N Y BXP, Inc. USD XXXX N N N BDS Ltd. N/A 05493NAA0 228341.32000000 PA USD 229217.59000000 0.022300091825 Long ABS-CBDO CORP KY N 2 2038-11-16 Floating 5.32032120 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UYG9 6560844.39000000 PA USD 250532.40000000 0.024373764357 Long ABS-MBS USGA US N 2 2067-01-20 Variable 2.29191120 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136APW65 8422536.67000000 PA USD 1386884.37000000 0.134927030698 Long ABS-MBS USGSE US N 2 2037-03-25 Fixed 6.00000000 N N N N N N N/A N/A N/A 249000.00000000 PA USD 15954.17000000 0.001552147267 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 32370.94000000 USD 249000.00000000 USD 15954.17000000 N N N Snowflake, Inc. 254900CJNSY1K7T53Z16 833445AB5 208000.00000000 PA USD 316056.00000000 0.030748416044 Long DBT CORP US N 2 2027-10-01 None 0.00000000 N N N N Y Snowflake, Inc. USD XXXX N N N Quikrete Holdings, Inc. 5493007KIN86DIZWZT22 74843PAA8 420000.00000000 PA USD 435382.08000000 0.042357396582 Long DBT CORP US N 2 2032-03-01 Fixed 6.37500000 N N N N N N CSAIL Commercial Mortgage Trust 549300ZAGI6FKGY8O078 12635FAT1 5549.19000000 PA USD 5537.02000000 0.000538684899 Long ABS-MBS CORP US N 2 2048-08-15 Fixed 3.71820000 N N N N N N Sea Ltd. 529900OM6JLLW44YKI15 81141RAF7 202000.00000000 PA USD 399354.00000000 0.038852301304 Long DBT CORP KY N 2 2025-12-01 Fixed 2.37500000 N N N N Y Sea Ltd. USD XXXX N N N Citigroup Mortgage Loan Trust, Inc. 549300R1KUK063S4I339 17312EAE6 4616164.14000000 PA USD 4051451.70000000 0.394157119169 Long ABS-O CORP US N 2 2037-03-25 Floating 4.62238920 N N N N N N AAdvantage Loyalty IP Ltd. N/A 02376CBS3 2240707.72120000 PA USD 2239934.68000000 0.217918481071 Long LON CORP US N 2 2028-04-20 Variable 6.57549000 N N N N N N Protective Life Global Funding 635400EVYITCJYWL2I50 74368CBV5 1765000.00000000 PA USD 1832414.30000000 0.178271690024 Long DBT CORP US N 2 2028-12-08 Fixed 5.46700000 N N N N N N MARA Holdings, Inc. 549300M8ISKPTX2W7F94 565788AG1 185000.00000000 PA USD 176042.80000000 0.017126829600 Long DBT CORP US N 2 2031-06-01 None 0.00000000 N N N N Y MARA Holdings, Inc. USD XXXX N N N TK Elevator Midco GmbH 549300C2AFWPAYWS5574 D9000BAJ1 811231.69010000 PA USD 814164.29000000 0.079208312190 Long LON CORP DE N 2 2030-04-30 Variable 7.19709000 N N N N N N N/A N/A N/A 48905000.00000000 PA USD -927503.08000000 -0.09023480201 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-09-17 17116.04000000 USD 0.00000000 USD 48905000.00000000 USD -927503.08000000 N N N Alliant Holdings Intermediate LLC 5493006Q26653NF8SI73 01881UAN5 1318345.95930000 PA USD 1316137.73000000 0.128044240558 Long LON CORP US N 2 2031-09-19 Variable 6.66553000 N N N N N N Newell Brands, Inc. 549300LWGYFM1TVO1Z12 651229BF2 291000.00000000 PA USD 289048.73000000 0.028120936186 Long DBT CORP US N 2 2030-05-15 Fixed 6.37500000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136ANX69 1015784.77000000 PA USD 79785.73000000 0.007762183981 Long ABS-MBS USGSE US N 2 2045-06-25 Floating 1.72949040 N N N N N N N/A N/A N/A 581000.00000000 PA USD 21051.76000000 0.002048080957 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 39713.17000000 USD 581000.00000000 USD 21051.76000000 N N N N/A N/A N/A 1.00000000 NC N/A 3949.55000000 0.000384243319 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1469400.00000000 EUR 1736813.17000000 USD 2025-12-17 3949.55000000 N N N N/A N/A N/A 1.00000000 NC N/A -2142.25000000 -0.00020841494 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 1265100.00000000 AUD 835141.47000000 USD 2025-10-15 -2142.25000000 N N N N/A N/A N/A 2869000.00000000 PA 23052.66000000 0.002242744262 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2030-09-17 8382.23000000 USD 0.00000000 USD 2869000.00000000 EUR 23052.66000000 N N N FNMA N/A 20754BAF8 1471000.00000000 PA USD 1526405.51000000 0.148500745672 Long ABS-MBS CORP US N 2 2042-01-25 Floating 8.85602880 N N N N N N MFA Trust N/A 58004LAA5 222473.34300000 PA USD 223376.76000000 0.021731849897 Long ABS-MBS CORP US N 2 2070-08-25 Fixed 5.26100040 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FWKE9 20228962.53000000 PA USD 4829248.09000000 0.469827275717 Long ABS-MBS USGSE US N 2 2050-10-25 Fixed 4.50000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 31359U4K8 251.92000000 PA USD 7.79000000 0.000000757872 Long ABS-MBS USGSE US N 2 2036-10-25 Fixed 6.50000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46643ABJ1 443715.70000000 PA USD 436416.80000000 0.042458062290 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.20159960 N N N N N N Mid-America Apartments LP 549300FXWGE3QSYCUJ38 59524NX15 2235000.00000000 PA USD 2234738.28000000 0.217412934367 Long STIV CORP US N 2 2025-10-01 None 0.00000000 N N N N N N Towd Point Mortgage Trust N/A 89176VAC6 240000.00000000 PA USD 206045.26000000 0.020045705123 Long ABS-MBS CORP US N 2 2058-07-25 Variable 3.25000080 N N N N N N WFRBS Commercial Mortgage Trust N/A 92930RAK8 165380.65000000 PA USD 164991.10000000 0.016051633212 Long ABS-MBS CORP US N 2 2045-11-15 Variable 4.87614600 N N N N N N Pinnacle Buyer LLC N/A N/A 385748.07000000 PA USD 386712.44000000 0.037622430818 Long LON CORP US N 2 2032-09-13 Variable 6.48338000 N N N N N N BMO Mortgage Trust N/A 09661XAD0 12608402.41000000 PA USD 474628.18000000 0.046175566181 Long ABS-MBS CORP US N 2 2057-12-15 Variable 1.23962760 N N N N N N N/A N/A N/A 166000.00000000 PA USD 14890.71000000 0.001448685505 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 66898.95000000 USD 0.00000000 USD 166000.00000000 USD 14890.71000000 N N N FHLMC 54930047IR7X5WWFY307 35563MBE5 841000.00000000 PA USD 1022224.74000000 0.099450070862 Long ABS-MBS CORP US N 2 2049-02-25 Floating 16.72050960 N N N N N N Cellnex Telecom SA 5493008T4YG3AQUI7P67 N/A 600000.00000000 PA 737465.81000000 0.071746480195 Long DBT CORP ES N 2 2028-07-05 Fixed 0.50000000 N N N N N Cellnex Telecom SA EUR XXXX N N N N/A N/A N/A 1.00000000 NC N/A 1090.74000000 0.000106115774 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 405800.00000000 EUR 479650.73000000 USD 2025-12-17 1090.74000000 N N N Republic of El Salvador 529900AKDMUSFSDOM949 N/A 600000.00000000 PA USD 15516.67000000 0.001509583823 Long DBT NUSS SV N 2 2030-04-17 Fixed 0.25000000 N N N N N N WESCO Distribution, Inc. 549300I2CEZJG9N4AH67 95081QAS3 265000.00000000 PA USD 274894.62000000 0.026743912927 Long DBT CORP US N 2 2033-03-15 Fixed 6.37500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378UXE2 9356557.59000000 PA USD 1082962.59000000 0.105359127110 Long ABS-MBS USGA US N 2 2041-05-20 Floating 1.90008000 N N N N N N Barclays Commercial Mortgage Trust N/A 05492JAZ5 641000.00000000 PA USD 569830.99000000 0.055437645087 Long ABS-MBS CORP US N 2 2052-11-15 Fixed 3.71000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -9921.32000000 -0.00096522412 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1273348.86000000 USD 185896200.00000000 JPY 2025-11-19 -9921.32000000 N N N Extra Space Storage LP 549300YNKSKNZFR8UC42 30227PXG8 2140000.00000000 PA USD 2135894.20000000 0.207796604047 Long STIV CORP US N 2 2025-10-16 None 0.00000000 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 49455LX13 4935000.00000000 PA USD 4934381.15000000 0.480055447525 Long STIV CORP US N 2 2025-10-01 Fixed 0.00000000 N N N N N N CFCRE Commercial Mortgage Trust N/A 12527DAG5 1124000.00000000 PA USD 1052436.38000000 0.102389297063 Long ABS-MBS CORP US N 2 2047-12-15 Variable 5.07983400 N N N N N N N/A N/A N/A 1.00000000 NC N/A -5948.75000000 -0.00057874123 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 2003207.06000000 USD 1575300.00000000 CHF 2025-12-17 -5948.75000000 N N N Alexandria Real Estate Equities, Inc. MGCJBT4MKTQBVLNUIS88 01527LXH3 2565000.00000000 PA USD 2559751.50000000 0.249032779295 Long STIV CORP US N 2 2025-10-17 Fixed 0.00000000 N N N N N N Jefferson Capital Holdings LLC N/A 472481AB6 2685000.00000000 PA USD 2837585.87000000 0.276062694247 Long DBT CORP US N 2 2029-02-15 Fixed 9.50000000 N N N N N N N/A N/A N/A -60.00000000 NC 7708.67000000 0.000749960109 N/A DIR DE N 1 Eurex Clearing 529900LN3S50JPU47S06 Short Federal Republic of Germany Euro-Bobl 2025-12-08 -7068600.00000000 EUR 7708.67000000 N N N Federal Republic of Nigeria 549300GSBZD84TNEQ285 N/A 940000.00000000 PA USD 972860.11000000 0.094647491000 Long DBT NUSS NG N 2 2029-03-24 Fixed 8.37500000 N N N N N N Arab Republic of Egypt 529900GFIVH4086NMH82 03846JAH3 770000.00000000 PA USD 818770.83000000 0.079656472669 Long DBT NUSS EG N 2 2030-02-04 Fixed 8.62500000 N N N N N N N/A N/A N/A 11000.00000000 PA USD 492.46000000 0.000047910386 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 2258.88000000 USD 11000.00000000 USD 492.46000000 N N N American Tower Corp. 5493006ORUSIL88JOE18 03027XAX8 3045000.00000000 PA USD 2992295.65000000 0.291114079703 Long DBT CORP US N 2 2027-01-15 Fixed 2.75000000 N N N N N N FHLMC N/A 3137G0GZ6 4538258.94000000 PA USD 4560747.37000000 0.443705411722 Long ABS-MBS CORP US N 2 2028-04-25 Floating 13.82051160 N N N N N N N/A N/A N/A 1.00000000 NC N/A -0.02000000 -0.00000000194 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 117.95000000 USD 100.00000000 EUR 2025-12-17 -0.02000000 N N N N/A N/A N/A 17024000.00000000 PA USD -313433.82000000 -0.03049330972 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-09-17 16741.00000000 USD 0.00000000 USD 17024000.00000000 USD -313433.82000000 N N N JPMDB Commercial Mortgage Securities Trust N/A 46590TAD7 700586.53000000 PA USD 691094.98000000 0.067235160767 Long ABS-MBS CORP US N 2 2050-03-15 Fixed 3.41400000 N N N N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 780153BW1 495000.00000000 PA USD 505096.27000000 0.049139741857 Long DBT CORP LR N 2 2031-09-30 Fixed 5.62500000 N N N N N N N/A N/A N/A 2667000.00000000 PA USD 8583.49000000 0.000835069486 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 15766.40000000 USD 0.00000000 USD 2667000.00000000 USD 8583.49000000 N N N Clydesdale Acquisition Holdings, Inc. 254900QKSDYFR3K5YD98 18972FAF9 128.86590000 PA USD 128.81000000 0.000012531650 Long LON CORP US N 2 2032-04-01 Variable 7.41340000 N N N N N N WisdomTree, Inc. 549300WIU8IS7UFO7871 97717PAJ3 394000.00000000 PA USD 419278.43000000 0.040790706723 Long DBT CORP US N 2 2030-08-15 Fixed 4.62500000 N N N N N WisdomTree, Inc. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A 154.64000000 0.000015044596 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 137285.00000000 USD 1068300.00000000 HKD 2025-11-19 154.64000000 N N N Bunge Ltd. Finance Corp. 549300QHC068L40NNM71 12057AXL3 2145000.00000000 PA USD 2139859.29000000 0.208182359220 Long STIV CORP US N 2 2025-10-20 None 0.00000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 31325VB94 2968104.51000000 PA USD 317325.54000000 0.030871926891 Long ABS-MBS USGSE US N 2 2044-03-15 Floating 1.46343960 N N N N N N WFRBS Commercial Mortgage Trust N/A 92939HBB0 564000.00000000 PA USD 547538.25000000 0.053268831825 Long ABS-MBS CORP US N 2 2057-10-15 Variable 4.44021840 N N N N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967QF1 2415000.00000000 PA USD 2416862.47000000 0.235131409466 Long DBT CORP US N 2 2031-09-11 Fixed 4.50300000 N N N N N N Dominican Republic 254900EHU7Q8FGVPI369 N/A 950000.00000000 PA USD 932995.00000000 0.090769099234 Long DBT NUSS DO N 2 2030-01-30 Fixed 4.50000000 N N N N N N Carnival Corp. F1OF2ZSX47CR0BCWA982 143658BV3 44000.00000000 PA USD 98381.15000000 0.009571292844 Long DBT CORP PA N 2 2027-12-01 Fixed 5.75000000 N N N N Y Carnival Corp. USD XXXX N N N N/A N/A N/A 549000.00000000 PA USD -1806.77000000 -0.00017577681 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 0.00000000 USD 2290.00000000 USD 549000.00000000 USD -1806.77000000 N N N Akamai Technologies, Inc. OC1LZNN2LF5WTJ5RIL89 00971TAL5 342000.00000000 PA USD 327978.00000000 0.031908282068 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 Republic of Ghana 213800PP4399SNNXZ126 374422AL7 29120.00000000 PA USD 28173.49000000 0.002740938922 Long DBT NUSS GH N 2 2026-07-03 None 0.00000000 N N N N N N Republic of Turkiye (The) 5493000PCHOG3B6S3Q85 900123DJ6 2410000.00000000 PA USD 2731452.07000000 0.265737162573 Long DBT NUSS TR N 2 2030-07-13 Fixed 9.12500000 N N N N N N N/A N/A N/A 54303000.00000000 PA USD 418260.94000000 0.040691717285 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2030-09-17 218117.98000000 USD 0.00000000 USD 54303000.00000000 USD 418260.94000000 N N N QXO Building Products, Inc. 549300HDXQWWCBOYXP31 74825NAA5 1315000.00000000 PA USD 1364833.49000000 0.132781747481 Long DBT CORP US N 2 2032-04-30 Fixed 6.75000000 N N N N N N Wells Fargo Commercial Mortgage Trust 549300JPCJUA5JJLRW54 95000LBE2 1938000.00000000 PA USD 1921570.41000000 0.186945498347 Long ABS-MBS CORP US N 2 2059-03-15 Variable 4.50600120 N N N N N N Live Nation Entertainment, Inc. 5493007B9BM9ZXJINO78 538034BB4 555000.00000000 PA USD 616605.00000000 0.059988189039 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 United Mexican States 254900EGTWEU67VP6075 91087BBE9 203174.00000000 PA USD 210010.81000000 0.020431505048 Long DBT NUSS MX N 2 2032-07-02 Fixed 5.85000000 N N N N N N IHS Holding Ltd. 213800CLGMKL63VKTD94 N/A 750000.00000000 PA USD 790672.74000000 0.076922869253 Long DBT CORP KY N 2 2031-11-29 Fixed 8.25000000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XDH5 540000.00000000 PA USD 539859.34000000 0.052521767002 Long DBT CORP US N 2 2030-09-26 Fixed 4.45000000 N N N N N N Phoenix Guarantor, Inc. N/A 71913BAK8 1275639.75500000 PA USD 1277859.37000000 0.124320220325 Long LON CORP US N 2 2031-02-21 Variable 6.66340000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 1031.14000000 0.000100317417 N/A DFE N/A N 2 JP Morgan Chase Bank 7H6GLXDRUGQFU57RNE97 87300.00000000 EUR 103984.04000000 USD 2025-12-17 1031.14000000 N N N Meritage Homes Corp. 52990044W9UMFJO2FB97 59001ABF8 371000.00000000 PA USD 381559.47000000 0.037121109326 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 Merit Medical Systems, Inc. 549300OYTY138SP2CE83 589889AA2 277000.00000000 PA USD 322566.50000000 0.031381808742 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 N/A N/A N/A 1.00000000 NC N/A -874.29000000 -0.00008505781 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 116498.28000000 USD 17012500.00000000 JPY 2025-11-19 -874.29000000 N N N N/A N/A N/A 4000000.00000000 PA USD 327145.69000000 0.031827308398 N/A DIR DE N 2 DEUTSCHE BANK AG 7LTWFZYICNSX8D621K86 Call Purchased N/A Swaption 1.00000000 4.37000000 USD 2035-04-23 XXXX -38254.31000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136A9C48 2170193.91000000 PA USD 448548.48000000 0.043638327635 Long ABS-MBS USGSE US N 2 2042-11-25 Fixed 4.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 530.95000000 0.000051654996 N/A DFE N/A N 2 Westpac Banking EN5TNI6CI43VEPAMHL14 103560.66000000 USD 739400.00000000 CNY 2025-11-19 530.95000000 N N N GNMA 549300M8ZYFG0OCMTT87 38378P4B1 4387338.11000000 PA USD 857972.49000000 0.083470318795 Long ABS-MBS USGA US N 2 2044-01-20 Fixed 4.00000000 N N N N N N Ecopetrol SA 254900IDGKCJICKBPA66 279158AP4 1175000.00000000 PA USD 1054623.02000000 0.102602030618 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 470000.00000000 PA USD 491283.02000000 0.047795880143 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 782721.69900000 PA USD 742417.01000000 0.072228171912 Long ABS-MBS CORP US N 2 2046-07-15 Variable 4.08489480 N N N N N N Federal Republic of Nigeria 549300GSBZD84TNEQ285 N/A 700000.00000000 PA USD 664125.76000000 0.064611382712 Long DBT NUSS NG N 2 2033-09-28 Fixed 7.37500000 N N N N N N PPL Capital Funding, Inc. 549300MROK5WY0D2NU17 69352PAS2 591000.00000000 PA USD 675365.25000000 0.065704848789 Long DBT CORP US N 2 2028-03-15 Fixed 2.87500000 N N N N Y PPL Corp. USD XXXX N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756CC2 1940000.00000000 PA USD 1863855.00000000 0.181330488859 Long DBT NUSS BR N 2 2030-06-12 Fixed 3.87500000 N N N N N N Ryder System, Inc. ZXJ6Y2OSPZXIVGRILD15 78355AX17 2350000.00000000 PA USD 2349724.82000000 0.228599730287 Long STIV CORP US N 2 2025-10-01 None 0.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 8651.70000000 0.000841705492 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 3218800.00000000 EUR 3804582.97000000 USD 2025-12-17 8651.70000000 N N N Spirit AeroSystems, Inc. ZD2NBKV6GCC3UMGBM518 85205TAN0 843000.00000000 PA USD 888917.37000000 0.086480880356 Long DBT CORP US N 2 2029-11-30 Fixed 9.37500000 N N N N N N Republic of Trinidad & Tobago N/A N/A 900000.00000000 PA USD 898173.00000000 0.087381340914 Long DBT NUSS TT N 2 2026-08-04 Fixed 4.50000000 N N N N N N N/A N/A N/A 17126000.00000000 PA 429127.60000000 0.041748911525 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Call Purchased N/A Swaption 1.00000000 4.56500000 AUD 2028-03-15 XXXX -270851.82000000 N N N Global Payments, Inc. 549300NOMHGVQBX6S778 37940XAU6 455000.00000000 PA USD 417578.45000000 0.040625319284 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 Flutter Financing BV 635400VFWPBIKJK6GN11 N3313EAG5 648450.00000000 PA USD 647477.33000000 0.062991692365 Long LON CORP NL N 2 2030-12-02 Variable 5.75150000 N N N N N N Filtration Group Corp. 549300ZA0D9WN5ECE978 31732FAX4 1107131.78000000 PA USD 1113475.65000000 0.108327677822 Long LON CORP US N 2 2028-10-23 Variable 6.91340000 N N N N N N N/A N/A N/A 3338000.00000000 PA USD 299428.79000000 0.029130790146 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 1345233.16000000 USD 0.00000000 USD 3338000.00000000 USD 299428.79000000 N N N Republic of South Africa 378900AAFB4F17004C49 836205BC7 500000.00000000 PA USD 506538.92000000 0.049280094207 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 1155000.00000000 PA USD 1214395.88000000 0.118145992359 Long DBT CORP CA N 2 2030-03-15 Fixed 8.50000000 N N N N N N N/A N/A N/A 389000.00000000 PA -4751.42000000 -0.00046225554 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-09-17 1888.32000000 USD 0.00000000 USD 389000.00000000 AUD -4751.42000000 N N N Franklin Ultra Short Bond ETF 549300C2WYDHE3Y9X469 35473P496 691880.00000000 NS USD 17366188.00000000 1.689519495700 Long RF US N 1 N N N Motorola Solutions, Inc. 6S552MUG6KGJVEBSEC55 620076BY4 1235000.00000000 PA USD 1264984.65000000 0.123067666199 Long DBT CORP US N 2 2029-04-15 Fixed 5.00000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137B5SA2 11674890.85000000 PA USD 799107.75000000 0.077743493436 Long ABS-MBS USGSE US N 2 2035-01-15 Floating 1.61344080 N N N N N N Argentine Republic (The) 549300KPBYGYF7HCHO27 040114HT0 2450000.00000000 PA USD 1285025.00000000 0.125017349228 Long DBT NUSS AR N 2 2035-07-09 Fixed 4.12499880 N N N N N N Nouryon Finance BV N/A N/A 1160000.00000000 PA 1367400.07000000 0.133031444591 Long LON CORP NL N 2 2028-04-03 Variable 5.43000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 21013.14000000 0.002044323699 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 13486700.00000000 SEK 1460529.94000000 USD 2025-12-17 21013.14000000 N N N Chobani LLC N/A 17026YAK5 1233784.46120000 PA USD 1238540.70000000 0.120494990545 Long LON CORP US N 2 2027-10-25 Variable 6.76340000 N N N N N N Phillips 66 5493005JBO5YSIGK1814 71855AXL3 2255000.00000000 PA USD 2249589.58000000 0.218857785757 Long STIV CORP US N 2 2025-10-20 None 0.00000000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 94989WAS6 666171.73000000 PA USD 664835.99000000 0.064680479478 Long ABS-MBS CORP US N 2 2048-11-15 Fixed 3.69500000 N N N N N N N/A N/A N/A 13662300.00000000 PA 32044.04000000 0.003117496499 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 -815416.27000000 N N N Outfront Media Capital LLC / Outfront Media Capital Corp. N/A 69007TAG9 445000.00000000 PA USD 469785.62000000 0.045704443818 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 2920405.93760000 PA USD 2924304.68000000 0.284499382836 Long LON CORP US N 2 2029-10-19 Variable 7.41553000 N N N N N N Republic of Honduras 5493002DW1JNBNG17615 N/A 230000.00000000 PA USD 233277.50000000 0.022695071834 Long DBT NUSS HN N 2 2027-01-19 Fixed 6.25000000 N N N N N N Republic of Costa Rica 549300S1EK2VN6XVJP58 N/A 1050000.00000000 PA USD 1130645.59000000 0.109998104767 Long DBT NUSS CR N 2 2045-03-12 Fixed 7.15800000 N N N N N N CVS Health Corp. 549300EJG376EN5NQE29 126650EH9 980000.00000000 PA USD 1030414.08000000 0.100246794334 Long DBT CORP US N 2 2055-03-10 Fixed 7.00000000 N N N N N N Argentine Republic (The) 549300KPBYGYF7HCHO27 040114HS2 728000.00000000 PA USD 492492.00000000 0.047913499236 Long DBT NUSS AR N 2 2030-07-09 Fixed 0.74999880 N N N N N N FHLMC 5493005RUXPCBST1N217 35563XBE1 2017000.00000000 PA USD 2507084.21000000 0.243908890664 Long ABS-MBS CORP US N 2 2048-10-25 Floating 15.47051040 N N N N N N Clear Channel Outdoor Holdings, Inc. 254900XBEE6V1ENYS150 18452RAF2 920000.00000000 PA USD 922760.00000000 0.089773357852 Long LON CORP US N 2 2028-08-23 Variable 8.27788000 N N N N N N Cipher Mining, Inc. 254900QABG5HCQZ28A17 17253JAB2 222000.00000000 PA USD 244866.00000000 0.023822492353 Long DBT CORP US N 2 2031-10-01 None 0.00000000 N N N N N Cipher Mining, Inc. USD XXXX N N N COMM Mortgage Trust N/A 12631DAG8 1232000.00000000 PA USD 1038884.00000000 0.101070814836 Long ABS-MBS CORP US N 2 2047-05-10 Variable 5.00609520 N N N N N N N/A N/A N/A 1.00000000 NC N/A -15797.46000000 -0.00153690128 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 2024693.74000000 USD 295581800.00000000 JPY 2025-11-19 -15797.46000000 N N N MKS, Inc. 549300KEQATBHAGVF505 55306NAB0 318000.00000000 PA USD 349005.00000000 0.033953954177 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 1098000.00000000 PA USD 1139508.79000000 0.110860386644 Long DBT CORP US N 2 2030-01-30 Fixed 6.87500000 N N N N N N RR Donnelley & Sons Co. SU4X0P4WWRGOQDTSV032 257867BJ9 1630000.00000000 PA USD 1672037.70000000 0.162668991703 Long DBT CORP US N 2 2029-08-01 Fixed 9.50000000 N N N N N N GSAA Home Equity Trust N/A 362348AS3 9105507.45000000 PA USD 1900206.50000000 0.184867048980 Long ABS-O CORP US N 2 2036-05-25 Floating 4.63239000 N N N N N N Republic of Bulgaria 529900PG0XCL4LICL838 N/A 750000.00000000 PA USD 751684.95000000 0.073129830084 Long DBT NUSS BG N 2 2037-03-05 Fixed 5.00000000 N N N N N N Northern Oil & Gas, Inc. OKFF0PIZDDMNH4UCYE51 665531AJ8 243000.00000000 PA USD 244275.75000000 0.023765068186 Long DBT CORP US N 2 2029-04-15 Fixed 3.62500000 N N N N Y Northern Oil & Gas, Inc. USD XXXX N N N FNMA B1V7KEBTPIMZEU4LTD58 3136A1D44 5448606.43000000 PA USD 546965.98000000 0.053213156894 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 1.42949160 N N N N N N J.P. Morgan Chase Commercial Mortgage Securities Trust N/A 46639YAC1 3874809.00000000 PA USD 132797.45000000 0.012919581473 Long ABS-MBS CORP US N 2 2046-04-15 Variable 3.25000000 Y N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71654QDB5 1980000.00000000 PA USD 2001531.19000000 0.194724712571 Long DBT NUSS MX N 2 2027-01-23 Fixed 6.49000000 N N N N N N Mid-America Apartments LP 549300FXWGE3QSYCUJ38 59524NX23 1940000.00000000 PA USD 1939545.07000000 0.188694214790 Long STIV CORP US N 2 2025-10-02 None 0.00000000 N N N N N N KazMunayGas National Co. JSC 2138001H1M69RFJCSH88 N/A 1350000.00000000 PA USD 1390213.11000000 0.135250876733 Long DBT CORP KZ N 2 2030-04-24 Fixed 5.37500000 N N N N N N Illumina, Inc. SQ95QG8SR5Q56LSNF682 452327AQ2 697000.00000000 PA USD 700431.79000000 0.068143519154 Long DBT CORP US N 2 2026-09-09 Fixed 4.65000000 N N N N N N Gartner, Inc. PP55B5R38BFB8O8HH686 366651AG2 2675000.00000000 PA USD 2563649.46000000 0.249412003533 Long DBT CORP US N 2 2029-06-15 Fixed 3.62500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381J2J5 28203221.04000000 PA USD 1411300.46000000 0.137302420166 Long ABS-MBS USGSE US N 2 2063-06-16 Variable 0.69971040 N N N N N N Microchip Technology, Inc. 5493007PTFULNYZJ1R12 595017BG8 340000.00000000 PA USD 330480.00000000 0.032151696327 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 N/A N/A N/A 1.00000000 NC N/A 3978.85000000 0.000387093854 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1480300.00000000 EUR 1749696.84000000 USD 2025-12-17 3978.85000000 N N N Clear Channel Outdoor Holdings, Inc. 254900XBEE6V1ENYS150 18453HAF3 1680000.00000000 PA USD 1765261.68000000 0.171738554446 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 1315000.00000000 PA USD 1398275.01000000 0.136035201838 Long DBT CORP US N 2 2032-02-15 Fixed 8.50000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FQNN9 1718951.35000000 PA USD 216684.48000000 0.021080772209 Long ABS-MBS USGSE US N 2 2050-01-25 Floating 1.57948920 N N N N N N BANK5 Trust N/A 06644XBM7 8674907.86000000 PA USD 165596.62000000 0.016110542964 Long ABS-MBS CORP US N 2 2057-12-15 Variable 0.69526800 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375UJ68 15683988.59000000 PA USD 947783.43000000 0.092207834136 Long ABS-MBS USGA US N 2 2067-08-20 Variable 2.47633920 N N N N N N N/A N/A N/A 5225500.00000000 PA USD 148028.56000000 0.014401383771 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 -92605.72000000 N N N Uber Technologies, Inc. 549300B2FTG34FILDR98 90353TAM2 501000.00000000 PA USD 737722.50000000 0.071771453019 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 1940000.00000000 PA USD 2133549.44000000 0.207568487334 Long DBT NUSS GT N 2 2032-10-04 Fixed 7.05000000 N N N N N N Ukraine 6354001WLTJXOMEXPY07 903724CG5 188540.00000000 PA USD 92225.42000000 0.008972414964 Long DBT NUSS UA N 2 2036-02-01 Fixed 0.00000000 N N N N N N JBT Marel Corp. 5493007CT6ATBZ2L6826 477839AD6 234000.00000000 PA USD 227916.00000000 0.022173462902 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 1695000.00000000 PA USD 1555251.49000000 0.151307109716 Long DBT CORP US N 2 2031-08-15 Fixed 4.12500000 N N N N N N United States of America 254900HROIFWPRGM1V77 912797QP5 600000.00000000 PA USD 597589.50000000 0.058138211487 Long STIV UST US N 2 2025-11-06 None 0.00000000 N N N N N N PG&E Corp. 8YQ2GSDWYZXO2EDN3511 69331CAJ7 2815000.00000000 PA USD 2777757.83000000 0.270242151479 Long DBT CORP US N 2 2030-07-01 Fixed 5.25000000 N N N N N N FHLMC N/A 35563PLU1 1307086.90000000 PA USD 1285673.29000000 0.125080419983 Long ABS-MBS CORP US N 2 2058-10-25 Variable 4.74999840 N N N N N N Etsy, Inc. 54930089Q7XT501AEA40 29786AAN6 341000.00000000 PA USD 302040.75000000 0.029384902180 Long DBT CORP US N 2 2028-06-15 Fixed 0.25000000 N N N N Y Etsy, Inc. USD XXXX N N N Kinetik Holdings LP 549300RD6AJIMYC0HY12 49461MAA8 2710000.00000000 PA USD 2727793.86000000 0.265381263102 Long DBT CORP US N 2 2030-06-15 Fixed 5.87500000 N N N N N N Halozyme Therapeutics, Inc. 529900242I3SV9AGM753 40637HAF6 446000.00000000 PA USD 627745.00000000 0.061071975947 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 GNMA 549300M8ZYFG0OCMTT87 21H0526A1 32000000.00000000 PA USD 32243152.96000000 3.136867775978 Long ABS-MBS USGA US N 2 2055-10-15 Fixed 5.50000000 N N N N N N N/A N/A N/A 395000.00000000 PA USD 35432.70000000 0.003447172023 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 159187.27000000 USD 0.00000000 USD 395000.00000000 USD 35432.70000000 N N N N/A N/A N/A 1.00000000 NC N/A 2907.74000000 0.000282887840 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1081800.00000000 EUR 1278674.62000000 USD 2025-12-17 2907.74000000 N N N Air France-KLM 969500AQW31GYO8JZD66 N/A 1200000.00000000 PA 1576664.81000000 0.153390366076 Long DBT CORP FR N 2 2028-05-31 Fixed 8.12500000 N N N N N N Commercial Metals Co. 549300OQS2LO07ZJ7N73 201723AR4 1536000.00000000 PA USD 1450817.43000000 0.141146942131 Long DBT CORP US N 2 2032-03-15 Fixed 4.37500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 3293.45000000 0.000320412745 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1225300.00000000 EUR 1448289.90000000 USD 2025-12-17 3293.45000000 N N N LEG Properties BV 529900AYYCXMYYCTIT93 N/A 300000.00000000 PA 344635.61000000 0.033528865517 Long DBT CORP NL N 2 2030-09-04 Fixed 1.00000000 N N N N N LEG Immobilien SE EUR XXXX N N N N/A N/A N/A 1.00000000 NC N/A -21987.59000000 -0.00213912586 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 2977018.10000000 USD 434792600.00000000 JPY 2025-11-19 -21987.59000000 N N N N/A N/A N/A 48909700.00000000 PA USD 16984.05000000 0.001652342102 N/A DIR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Put Purchased N/A Swaption 1.00000000 4.00000000 USD 2025-12-08 XXXX -535695.56000000 N N N Sinclair Television Group, Inc. 549300CQGEN0CH65UD62 829259BH2 1350000.00000000 PA USD 1386551.21000000 0.134894618271 Long DBT CORP US N 2 2033-02-15 Fixed 8.12500000 N N N N N N NCL Corp. Ltd. UNZWILHE4KMRP9K2L524 62886HBZ3 1040000.00000000 PA USD 1046032.80000000 0.101766306384 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 370000.00000000 PA USD 373530.34000000 0.036339972345 Long DBT CORP US N 2 2030-10-15 Fixed 6.25000000 N N N N N N United Airlines, Inc. K1OQBWM7XEOO08LDNP29 90932LAH0 765000.00000000 PA USD 753864.47000000 0.073341870949 Long DBT CORP US N 2 2029-04-15 Fixed 4.62500000 N N N N N N N/A N/A N/A 48909700.00000000 PA USD 544.01000000 0.000052925575 N/A DIR N/A N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Call Purchased N/A Swaption 1.00000000 2.85000000 USD 2025-10-09 XXXX -328743.38000000 N N N FNMA N/A 20754BAB7 200000.00000000 PA USD 204157.46000000 0.019862045076 Long ABS-MBS CORP US N 2 2042-01-25 Floating 7.35603120 N N N N N N N/A N/A N/A 131000.00000000 PA USD 5544.39000000 0.000539401911 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 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 59000.46000000 USD 0.00000000 USD 131000.00000000 USD 5544.39000000 N N N Romania 315700IASY927EDWBK92 N/A 660000.00000000 PA 755892.38000000 0.073539162000 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 170000.00000000 PA USD 187957.95000000 0.018286029202 Long DBT CORP US N 2 2033-05-01 Fixed 7.50000000 N N N N N N N/A N/A N/A 340622000.00000000 PA USD -672177.43000000 -0.06539471256 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-09-17 0.00000000 USD 395558.99000000 USD 340622000.00000000 USD -672177.43000000 N N N GNMA 549300M8ZYFG0OCMTT87 38378GNB0 2564267.02000000 PA USD 539921.81000000 0.052527844576 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 3175000.00000000 PA USD 3307403.85000000 0.321770286301 Long DBT CORP US N 2 2035-11-01 Fixed 6.87500000 N N N N N N Arab Republic of Egypt 529900GFIVH4086NMH82 N/A 1078000.00000000 PA USD 1041627.84000000 0.101337757194 Long DBT NUSS EG N 2 2032-01-15 Fixed 7.05290000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 224.82000000 0.000021872259 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 15586100.00000000 JPY 106154.41000000 USD 2025-11-19 224.82000000 N N N Burlington Stores, Inc. 5299003Z37DVGKKC1W09 122017AD8 187000.00000000 PA USD 252730.50000000 0.024587612831 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 Republic of South Africa 378900AAFB4F17004C49 836205AV6 600000.00000000 PA USD 450637.25000000 0.043841539626 Long DBT NUSS ZA N 2 2046-10-12 Fixed 5.00000000 N N N N N N COMM Mortgage Trust 549300FVY7JUBJ0PIH53 12625FBA3 137314.95000000 PA USD 131298.84000000 0.012773784894 Long ABS-MBS CORP US N 2 2046-03-10 Variable 4.38568200 N N N N N N N/A N/A N/A 1.00000000 NC N/A -106.47000000 -0.00001035823 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 109500.00000000 EUR 129026.89000000 USD 2025-12-17 -106.47000000 N N N Serbia International Bond 254900W94OCY91V32O78 N/A 370000.00000000 PA USD 386261.22000000 0.037578532584 Long DBT NUSS RS N 2 2028-05-26 Fixed 6.25000000 N N N N N N Dominican Republic 254900EHU7Q8FGVPI369 N/A 700000.00000000 PA USD 726985.00000000 0.070726824481 Long DBT NUSS DO N 2 2045-01-27 Fixed 6.85000000 N N N N N N United Mexican States 254900EGTWEU67VP6075 91087BAQ3 750000.00000000 PA USD 609562.50000000 0.059303039193 Long DBT NUSS MX N 2 2041-08-14 Fixed 4.28000000 N N N N N N Arab Republic of Egypt 529900GFIVH4086NMH82 N/A 1100000.00000000 PA USD 1041054.31000000 0.101281959680 Long DBT NUSS EG N 2 2033-09-30 Fixed 7.30000000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61690AAG9 590000.00000000 PA USD 582957.64000000 0.056714708947 Long ABS-MBS CORP US N 2 2047-12-15 Fixed 4.06800000 N N N N N N Forvia SE 969500F0VMZLK2IULV85 31209DAC9 400000.00000000 PA USD 406073.56000000 0.039506033005 Long DBT CORP FR N 2 2033-09-15 Fixed 6.75000000 N N N N N N N/A N/A N/A 291000.00000000 PA USD -3528.37000000 -0.00034326761 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 61546.50000000 USD 0.00000000 USD 291000.00000000 USD -3528.37000000 N N N FNMA 549300HG8ZEWVWVSN227 62547NAB5 370411.61000000 PA USD 376727.68000000 0.036651034753 Long ABS-MBS CORP US N 2 2049-10-25 Floating 7.72050960 N N N N N N AIB Group plc 635400AKJBGNS5WNQL34 00135TAD6 1185000.00000000 PA USD 1258306.60000000 0.122417972917 Long DBT CORP IE N 2 2029-09-13 Fixed 6.60800000 N N N N N N American Honda Finance Corp. B6Q2VFHD1797Q7NZ3E43 02665JZG8 3020000.00000000 PA USD 2992323.51000000 0.291116790143 Long STIV CORP US N 2 2025-12-16 Fixed 0.00000000 N N N N N N Avient Corp. SM8L9RZYIB34LNTWO040 05368VAB2 275000.00000000 PA USD 279475.20000000 0.027189547813 Long DBT CORP US N 2 2031-11-01 Fixed 6.25000000 N N N N N N Raizen Fuels Finance SA 52990010NH26VC32Q522 75102XAF3 1030000.00000000 PA USD 1006567.50000000 0.097926811283 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 1640000.00000000 PA USD 1766991.24000000 0.171906819660 Long DBT NUSS UZ N 2 2032-02-28 Fixed 6.90000000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647CA3 460000.00000000 PA USD 475950.05000000 0.046304168102 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 960150.75380000 PA USD 963252.04000000 0.093712742304 Long LON CORP US N 2 2031-04-23 Variable 8.16340000 N N N N N N FHLMC N/A 35563PCF4 472838.65000000 PA USD 465582.61000000 0.045295541914 Long ABS-MBS CORP US N 2 2056-07-25 Variable 4.74999840 N N N N N N N/A N/A N/A 1.00000000 NC N/A -1303.08000000 -0.00012677388 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 573027.78000000 USD 484800.00000000 EUR 2025-12-17 -1303.08000000 N N N N/A N/A N/A 37000.00000000 PA USD -143.93000000 -0.00001400264 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 16020.88000000 USD 0.00000000 USD 37000.00000000 USD -143.93000000 N N N Allied Universal Holdco LLC 98450038B4549046D794 019576AD9 1215000.00000000 PA USD 1274985.42000000 0.124040619842 Long DBT CORP US N 2 2031-02-15 Fixed 7.87500000 N N N N N N EMRLD Borrower LP 5493000GJYE7GAQCUC61 26872NAD1 1051739.84210000 PA USD 1048321.69000000 0.101988987624 Long LON CORP US N 2 2031-08-04 Variable 6.12187000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 89364MCA0 1089444.55500000 PA USD 1090136.35000000 0.106057046963 Long LON CORP US N 2 2031-02-28 Variable 6.50150000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RG26 5713844.68000000 PA USD 337859.64000000 0.032869645807 Long ABS-MBS USGA US N 2 2066-11-20 Variable 2.42286120 N N N N N N Rubrik, Inc. 254900TRGK2WTBYMYU27 781154AC3 381000.00000000 PA USD 386334.00000000 0.037585613195 Long DBT CORP US N 2 2030-06-15 None 0.00000000 N N N N Y Rubrik, Inc. USD XXXX N N N COMM Mortgage Trust N/A 12635QBL3 298000.00000000 PA USD 279546.59000000 0.027196493194 Long ABS-MBS CORP US N 2 2048-10-10 Variable 4.44800160 N N N N N N Republic of Cameroon International Bond 54930021BO6NHYGBBV24 N/A 1210000.00000000 PA 1171597.71000000 0.113982249424 Long DBT NUSS CM N 2 2032-07-07 Fixed 5.95000000 N N N N N N CD Mortgage Trust N/A 12515DAU8 2660000.00000000 PA USD 2522663.14000000 0.245424531631 Long ABS-MBS CORP US N 2 2050-05-10 Variable 3.94700040 N N N N N N Republic of Indonesia 529900FWX0GRR7WG5W79 455780DJ2 765000.00000000 PA USD 722378.67000000 0.070278684432 Long DBT NUSS ID N 2 2032-03-31 Fixed 3.55000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RAE6 9918640.59000000 PA USD 449592.14000000 0.043739863097 Long ABS-MBS USGA US N 2 2065-04-20 Variable 2.07825840 N N N N N N Live Nation Entertainment, Inc. 5493007B9BM9ZXJINO78 538034BA6 195000.00000000 PA USD 315043.97000000 0.030649957798 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 254000.00000000 PA USD 26368.53000000 0.002565338202 Long ABS-MBS CORP US N 2 2046-07-15 Variable 4.08489480 N N N N N N N/A N/A N/A 1.00000000 NC N/A 7027.34000000 0.000683674962 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 499600.00000000 GBP 679003.36000000 USD 2025-12-17 7027.34000000 N N N Citigroup Commercial Mortgage Trust N/A 29425AAJ2 549000.00000000 PA USD 340380.00000000 0.033114846271 Long ABS-MBS CORP US N 2 2058-09-10 Fixed 3.17200000 N N N N N N Ukraine 6354001WLTJXOMEXPY07 903724CB6 459055.00000000 PA USD 254186.16000000 0.024729230897 Long DBT NUSS UA N 2 2035-02-01 Fixed 4.50000000 N N N N N N Medline Borrower LP 254900QT3R363TVK6F09 58503UAH6 1168582.50080000 PA USD 1169745.24000000 0.113802026557 Long LON CORP US N 2 2028-10-23 Variable 6.16340000 N N N N N N BBCMS Mortgage Trust N/A 07336AAG2 28707431.48000000 PA USD 937263.19000000 0.091184342361 Long ABS-MBS CORP US N 2 2055-02-15 Variable 0.80824680 N N N N N N Republic of El Salvador 529900AKDMUSFSDOM949 N/A 597000.00000000 PA USD 639649.68000000 0.062230156945 Long DBT NUSS SV N 2 2029-02-28 Fixed 8.62500000 N N N N N N Ukraine 6354001WLTJXOMEXPY07 903724CC4 497406.00000000 PA USD 272044.82000000 0.026466661946 Long DBT NUSS UA N 2 2036-02-01 Fixed 4.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382GXV9 1967032.78000000 PA USD 282986.38000000 0.027531143048 Long ABS-MBS USGA US N 2 2050-07-20 Floating 1.90008000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380LAD5 32068565.73000000 PA USD 1378595.57000000 0.134120630975 Long ABS-MBS USGA US N 2 2068-02-20 Variable 2.31399000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380CH71 696797.21000000 PA USD 128031.75000000 0.012455936656 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 1461000.00000000 PA USD 1322205.00000000 0.128634512353 Long ABS-MBS CORP US N 2 2047-02-15 Variable 4.65364080 N N N N N N United Rentals North America, Inc. NGIZXNT70J2LYT3FBI09 911365BN3 533000.00000000 PA USD 510317.44000000 0.049647698382 Long DBT CORP US N 2 2030-07-15 Fixed 4.00000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FUAM6 24847761.36000000 PA USD 3125430.94000000 0.304066528912 Long ABS-MBS USGSE US N 2 2050-07-25 Floating 1.62948960 N N N N N N Kedrion SpA 81560047FA58E1BEDF67 49272YAB9 3020000.00000000 PA USD 2984333.92000000 0.290339499924 Long DBT CORP IT N 2 2029-09-01 Fixed 6.50000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137AUD48 846354.67000000 PA USD 42921.27000000 0.004175719072 Long ABS-MBS USGSE US N 2 2041-07-15 Fixed 3.50000000 N N N N N N Chobani LLC / Chobani Finance Corp., Inc. N/A 17027NAC6 1095000.00000000 PA USD 1143176.72000000 0.111217231753 Long DBT CORP US N 2 2029-07-01 Fixed 7.62500000 N N N N N N NRG Energy, Inc. 5E2UPK5SW04M13XY7I38 629377CX8 2560000.00000000 PA USD 2625832.96000000 0.255461703994 Long DBT CORP US N 2 2034-11-01 Fixed 6.25000000 N N N N N N N/A N/A N/A 4000000.00000000 PA USD 341188.92000000 0.033193544378 N/A DIR DE N 2 DEUTSCHE BANK AG 7LTWFZYICNSX8D621K86 Put Purchased N/A Swaption 1.00000000 4.37000000 USD 2035-04-23 XXXX -24211.08000000 N N N GNMA 549300M8ZYFG0OCMTT87 38376RV78 14650021.14000000 PA USD 470579.19000000 0.045781648556 Long ABS-MBS USGA US N 2 2067-02-20 Variable 2.35996920 N N N N N N AAdvantage Loyalty IP Ltd. N/A 02376CBT1 114712.50000000 PA USD 115357.76000000 0.011222911124 Long LON CORP US N 2 2032-05-28 Variable 7.57549000 N N N N N N CommScope, Inc. N/A N/A 1005000.00000000 PA USD 1018592.63000000 0.099096710605 Long LON CORP US N 2 2029-12-18 Variable 8.91340000 N N N N N N PK Alift Loan Funding 7 LP N/A 69291NAA0 250000.00000000 PA USD 250658.75000000 0.024386056680 Long ABS-O CORP US N 2 2043-03-15 Fixed 4.75000000 N N N N N N FNMA N/A 20754RAJ5 185000.00000000 PA USD 192124.31000000 0.018691365505 Long ABS-MBS CORP US N 2 2041-10-25 Floating 10.35603000 N N N N N N Capital One Financial Corp. ZUE8T73ROZOF6FLBAR73 14040HDM4 735000.00000000 PA USD 729297.82000000 0.070951833819 Long DBT CORP US N 2 2031-09-11 Fixed 4.49300000 N N N N N N FNMA N/A 20753TAC7 391336.83000000 PA USD 403187.33000000 0.039225237827 Long ABS-MBS CORP US N 2 2039-06-25 Floating 9.72051120 N N N N N N Enel Finance International NV 0YQH6LCEF474UTUV4B96 29278GBG2 1015000.00000000 PA USD 1008437.00000000 0.098108690962 Long DBT CORP NL N 2 2030-09-30 Fixed 4.37500000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137HANZ5 3882377.65000000 PA USD 848758.41000000 0.082573900549 Long ABS-MBS USGSE US N 2 2046-12-15 Fixed 4.00000000 N N N N N N Clarios Global LP 549300474L1ZLXZY2P98 C8000CAP8 342504.00000000 PA USD 343146.20000000 0.033383963986 Long LON CORP US N 2 2032-01-28 Variable 6.91340000 N N N N N N BANK5 Trust N/A 06211UBR5 28640810.75000000 PA USD 1234252.83000000 0.120077832792 Long ABS-MBS CORP US N 2 2057-06-15 Variable 1.57044600 N N N N N N Republic of Panama 549300SHS4T08CL0LP14 698299BY9 1230000.00000000 PA USD 1402938.00000000 0.136488854218 Long DBT NUSS PA N 2 2038-03-01 Fixed 8.00000000 N N N N N N Republic of Indonesia 529900FWX0GRR7WG5W79 N/A 800000.00000000 PA USD 804353.05000000 0.078253797517 Long DBT NUSS ID N 2 2027-01-08 Fixed 4.35000000 N N N N N N Boise Cascade Co. 549300Z8B8LSRHC7XA55 09739DAD2 1260000.00000000 PA USD 1235204.46000000 0.120170414851 Long DBT CORP US N 2 2030-07-01 Fixed 4.87500000 N N N N N N CCO Holdings LLC / CCO Holdings Capital Corp. N/A 1248EPCQ4 3023000.00000000 PA USD 2798139.59000000 0.272225049561 Long DBT CORP US N 2 2032-02-01 Fixed 4.75000000 N N N N N N N/A N/A N/A 3994000.00000000 PA USD -2620.61000000 -0.00025495357 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2030-12-17 33318.46000000 USD 0.00000000 USD 3994000.00000000 USD -2620.61000000 N N N FNMA N/A 20753VBE7 239000.00000000 PA USD 247864.56000000 0.024114215878 Long ABS-MBS CORP US N 2 2040-02-25 Floating 8.12050920 N N N N N N TIAA Real Estate CDO Ltd. 5493005Y5RSPJ6PO8N21 88631FAA6 4414161.50000000 PA USD 414.93000000 0.000040367657 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 160000.00000000 PA USD 69729.48000000 0.006783832806 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 9103.93000000 USD 0.00000000 USD 160000.00000000 USD 69729.48000000 N N N N/A N/A N/A 1.00000000 NC N/A -1.27000000 -0.00000012355 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 6251.56000000 USD 5300.00000000 EUR 2025-12-17 -1.27000000 N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137ASB78 1993869.66000000 PA USD 422212.67000000 0.041076172692 Long ABS-MBS USGSE US N 2 2042-07-15 Fixed 5.00000000 N N N N N N OSI Systems, Inc. DDX3MPX1Y8YD30050X33 671044AF2 253000.00000000 PA USD 367672.25000000 0.035770051228 Long DBT CORP US N 2 2029-08-01 Fixed 2.25000000 N N N N Y OSI Systems, Inc. USD XXXX N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61690FAS2 3282000.00000000 PA USD 2907883.18000000 0.282901770027 Long ABS-MBS CORP US N 2 2048-04-15 Variable 4.11318360 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379PE94 5137025.65000000 PA USD 755746.88000000 0.073525006614 Long ABS-MBS USGA US N 2 2044-11-20 Fixed 4.00000000 N N N N N N ON Semiconductor Corp. ZV20P4CNJVT8V1ZGJ064 682189AU9 352000.00000000 PA USD 325660.23000000 0.031682791154 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 490000.00000000 PA USD 487288.57000000 0.047407268598 Long DBT CORP US N 2 2030-10-01 Fixed 4.25000000 N N N N N N SK Hynix, Inc. 988400XAIK6XISWQV045 N/A 200000.00000000 PA USD 602100.00000000 0.058577028439 Long DBT CORP KR N 2 2030-04-11 Fixed 1.75000000 N N N N N SK Hynix, Inc. KRW XXXX N N N Broadcom Corp. / Broadcom Cayman Finance Ltd. N/A 11134LAH2 1515000.00000000 PA USD 1514480.89000000 0.147340624754 Long DBT CORP US N 2 2027-01-15 Fixed 3.87500000 N N N N N N Eversource Energy SJ7XXD41SQU3ZNWUJ746 30040WAT5 1225000.00000000 PA USD 1258579.96000000 0.122444567530 Long DBT CORP US N 2 2028-03-01 Fixed 5.45000000 N N N N N N N/A N/A N/A 3527000.00000000 PA USD -3473.99000000 -0.00033797709 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-12-17 32260.59000000 USD 0.00000000 USD 3527000.00000000 USD -3473.99000000 N N N N/A N/A N/A 10843500.00000000 PA 1106586.89000000 0.107657485012 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Put Purchased N/A Swaption 1.00000000 2.70000000 AUD 2037-04-01 XXXX 448713.55000000 N N N LSTAR Commercial Mortgage Trust N/A 54910TAJ1 2853000.00000000 PA USD 2803595.74000000 0.272755866790 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 1120000.00000000 PA USD 1183422.70000000 0.115132677551 Long DBT CORP ZA N 2 2028-02-06 Fixed 8.25000000 N N N N N N Benin Government International Bond 635400Q11P6AE5A5Y230 N/A 422000.00000000 PA 471772.40000000 0.045897733419 Long DBT NUSS BJ N 2 2032-01-19 Fixed 4.87500000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 6840C2YH2 2255000.00000000 PA USD 2242287.89000000 0.218147419867 Long STIV CORP US N 2 2025-11-17 None 0.00000000 N N N N N N Terex Corp. YAWJZJYEQ7M1SYMOS462 880779BB8 1160000.00000000 PA USD 1182638.56000000 0.115056390238 Long DBT CORP US N 2 2032-10-15 Fixed 6.25000000 N N N N N N Fidelity National Information Services, Inc. 6WQI0GK1PRFVBA061U48 31621YXA2 2185000.00000000 PA USD 2182413.18000000 0.212322336674 Long STIV CORP US N 2 2025-10-10 None 0.00000000 N N N N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AC0 250000.00000000 PA USD 263320.60000000 0.025617901137 Long DBT CORP US N 2 2034-01-15 Fixed 6.50000000 N N N N N N Ares Capital Corp. WEQ82666OJYSI5GUAB47 04010LBE2 3025000.00000000 PA USD 3114698.09000000 0.303022352762 Long DBT CORP US N 2 2027-01-15 Fixed 7.00000000 N N N N N N CQP Holdco LP 549300LPL012JY5D4B69 12657QAE3 2198799.87340000 PA USD 2201339.49000000 0.214163637121 Long LON CORP US N 2 2030-12-31 Variable 6.29561000 N N N N N N Banijay Entertainment SAS 5493008PW5N0VVCH7279 F6456UAE3 499999.99840000 PA USD 502657.50000000 0.048902479111 Long LON CORP FR N 2 2028-03-01 Variable 7.02256000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380XSS7 1113934.76000000 PA USD 229608.47000000 0.022338119709 Long ABS-MBS USGA US N 2 2048-07-20 Fixed 4.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379EW99 3626213.05000000 PA USD 734795.51000000 0.071486692387 Long ABS-MBS USGA US N 2 2044-09-20 Fixed 5.00000000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 94989WBB2 653000.00000000 PA USD 564358.25000000 0.054905213852 Long ABS-MBS CORP US N 2 2048-11-15 Fixed 3.85200000 N N N N N N N/A N/A N/A 5167000.00000000 PA USD -83982.16000000 -0.00817044573 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-09-17 0.00000000 USD 24324.79000000 USD 5167000.00000000 USD -83982.16000000 N N N JPMBB Commercial Mortgage Securities Trust N/A 46643ABL6 1184839.00000000 PA USD 1138665.94000000 0.110778387560 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.68786960 N N N N N N GE HealthCare Technologies, Inc. 549300OI9J7XOWZMUN85 36266GAA5 1245000.00000000 PA USD 1270346.48000000 0.123589307236 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 1320000.00000000 PA USD 1292800.59000000 0.125773819842 Long DBT CORP US N 2 2029-11-01 Fixed 3.80000000 N N N N N N Qnity Electronics, Inc. 254900RSUG4J9TFFZX53 74743LAB6 190000.00000000 PA USD 194262.84000000 0.018899418540 Long DBT CORP US N 2 2033-08-15 Fixed 6.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382LMH1 22808405.57000000 PA USD 3693616.01000000 0.359344045943 Long ABS-MBS USGA US N 2 2050-11-20 Fixed 3.00000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 17318UAH7 1684515.85000000 PA USD 1658999.65000000 0.161400547548 Long ABS-MBS CORP US N 2 2045-09-10 Variable 5.29498440 N N N N N N N/A N/A N/A 13662300.00000000 PA 2572110.21000000 0.250235131906 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 1724649.90000000 N N N UDR, Inc. P3CH2EG5X6Z1XWU1OO74 90352PX20 2535000.00000000 PA USD 2534405.54000000 0.246566924753 Long STIV CORP US N 2 2025-10-02 None 0.00000000 N N N N N N N/A N/A N/A 8925000.00000000 PA 161041.27000000 0.015667362651 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2045-07-02 0.00000000 USD 0.00000000 USD 8925000.00000000 AUD 161041.27000000 N N N Haemonetics Corp. 549300ZEL6TXZS6F5F95 405024AD2 192000.00000000 PA USD 178110.17000000 0.017327959630 Long DBT CORP US N 2 2029-06-01 Fixed 2.50000000 N N N N Y Haemonetics Corp. USD XXXX N N N Clydesdale Acquisition Holdings, Inc. 254900QKSDYFR3K5YD98 18972FAE2 245704.47000000 PA USD 245603.73000000 0.023894264535 Long LON CORP US N 2 2032-04-01 Variable 7.41340000 N N N N N N Serbia International Bond 254900W94OCY91V32O78 N/A 1450000.00000000 PA USD 1270349.18000000 0.123589569913 Long DBT NUSS RS N 2 2030-12-01 Fixed 2.12500000 N N N N N N N/A N/A N/A 25226900.00000000 PA 4064394.67000000 0.395416313193 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 3099677.67000000 N N N N/A N/A N/A 1.00000000 NC N/A 6771.50000000 0.000658784833 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 4346100.00000000 SEK 470656.96000000 USD 2025-12-17 6771.50000000 N N N Nebius Group NV 549300GGZHJ5Q1B18P93 63954QAF3 122000.00000000 PA USD 142130.00000000 0.013827525414 Long DBT CORP NL N 2 2032-09-15 Fixed 2.75000000 N N N N N Nebius Group NV USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A 10451.23000000 0.001016777938 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 3888300.00000000 EUR 4595923.94000000 USD 2025-12-17 10451.23000000 N N N GNMA 549300M8ZYFG0OCMTT87 38380YYA7 1150959.10000000 PA USD 228610.06000000 0.022240986524 Long ABS-MBS USGA US N 2 2044-10-20 Fixed 5.00000000 N N N N N N IRB Holding Corp. 549300HVW4WNWYBXN830 44988LAL1 1561598.35580000 PA USD 1563667.47000000 0.152125882511 Long LON CORP US N 2 2027-12-15 Variable 6.66340000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -5212.30000000 -0.00050709358 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 668038.69000000 USD 97525900.00000000 JPY 2025-11-19 -5212.30000000 N N N Deep Blue Operating I LLC N/A N/A 262529.69000000 PA USD 263186.01000000 0.025604807162 Long LON CORP US N 2 2032-09-17 Variable 7.00904000 N N N N N N Saluda Grade Alternative Mortgage Trust N/A 795935AA3 2450000.00000000 PA USD 2481151.75000000 0.241385976785 Long ABS-MBS CORP US N 2 2030-04-25 Fixed 7.76199960 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382CCP4 8352635.66000000 PA USD 1106947.24000000 0.107692542698 Long ABS-MBS USGA US N 2 2046-03-20 Fixed 4.00000000 N N N N N N Enbridge US, Inc. 5493003FRODSVHJWFS32 29251UXH6 2245000.00000000 PA USD 2240466.67000000 0.217970237246 Long STIV CORP US N 2 2025-10-17 None 0.00000000 N N N N N N COMM Mortgage Trust N/A 12592XBG0 263879.60000000 PA USD 254119.35000000 0.024722731094 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 1891365.21000000 PA USD 1727856.50000000 0.168099484038 Long ABS-MBS CORP US N 2 2046-08-25 Floating 5.11341840 N N N N N N FHLMC 5493000ITFTMJUMPDE35 35565XBE9 448000.00000000 PA USD 600982.91000000 0.058468349129 Long ABS-MBS CORP US N 2 2050-08-25 Floating 14.47050960 N N N N N N N/A N/A N/A 1.00000000 NC N/A 628.69000000 0.000061163912 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 233900.00000000 EUR 276466.99000000 USD 2025-12-17 628.69000000 N N N FNMA or FHLMC N/A 01F0226A8 18000000.00000000 PA USD 15167737.80000000 1.475636951458 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 2.50000000 N N N N N N Tricolor Auto Securitization Trust N/A 89616LAA0 720134.87900000 PA USD 691948.08000000 0.067318157051 Long ABS-O CORP US N 2 2027-10-15 Fixed 6.61000000 N N N N N N Barclays Bank plc G5GSEF7VJP5I7OUK5573 06744EDH7 369000.00000000 PA USD 416065.95000000 0.040478171376 Long DBT CORP GB N 2 2029-02-16 Fixed 1.00000000 N N N N N Microsoft Corp. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38382TD27 4835230.00000000 PA USD 680915.46000000 0.066244816916 Long ABS-MBS USGA US N 2 2051-06-20 Floating 2.05008120 N N N N N N N/A N/A N/A 1.00000000 NC N/A 987.52000000 0.000096073720 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 367400.00000000 EUR 434262.39000000 USD 2025-12-17 987.52000000 N N N N/A N/A N/A 1.00000000 NC N/A -2303.51000000 -0.00022410358 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1012963.72000000 USD 857000.00000000 EUR 2025-12-17 -2303.51000000 N N N N/A N/A N/A 13418000.00000000 PA 7161.75000000 0.000696751425 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 0.00000000 USD 35103.01000000 USD 13418000.00000000 CAD 7161.75000000 N N N Ford Motor Credit Co. LLC UDSQCVRUX5BONN0VY111 345397D83 650000.00000000 PA USD 656770.72000000 0.063895826513 Long DBT CORP US N 2 2027-03-05 Fixed 5.80000000 N N N N N N FHLMC N/A 3137G0HM4 6303040.42000000 PA USD 6374849.70000000 0.620195569132 Long ABS-MBS CORP US N 2 2028-05-25 Floating 14.97051000 N N N N N N Jane Street Group / JSG Finance, Inc. N/A 47077WAE8 2355000.00000000 PA USD 2447820.70000000 0.238143269820 Long DBT CORP US N 2 2033-05-01 Fixed 6.75000000 N N N N N N N/A N/A N/A 13006000.00000000 PA -85730.93000000 -0.00834057984 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 0.00000000 USD 20023.12000000 USD 13006000.00000000 NZD -85730.93000000 N N N Smyrna Ready Mix Concrete LLC N/A 83283EAK9 148009.59660000 PA USD 148379.62000000 0.014435537652 Long LON CORP US N 2 2029-03-30 Variable 7.16553000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XBQ6 4931033.44000000 PA USD 5124250.56000000 0.498527438605 Long ABS-MBS CORP US N 2 2028-08-25 Floating 16.22050920 N N N N N N Gabonese Republic N/A N/A 1590000.00000000 PA USD 1284635.51000000 0.124979456574 Long DBT NUSS GA N 2 2031-02-06 Fixed 6.62500000 N N N N N N DoorDash, Inc. 549300NUQ43FGGSK5051 25809KAA3 806000.00000000 PA USD 918034.00000000 0.089313575363 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 1930000.00000000 PA USD 2154626.91000000 0.209619069562 Long DBT CORP US N 2 2030-10-01 Fixed 12.25000000 N N N N N N Post Holdings, Inc. JM1I5YUAURL6DC8N1468 737446AT1 508000.00000000 PA USD 571246.00000000 0.055575308400 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 Hess Midstream Operations LP N/A 428102AF4 538000.00000000 PA USD 542293.24000000 0.052758555957 Long DBT CORP US N 2 2030-10-15 Fixed 5.50000000 N N N N N N Centrus Energy Corp. 549300G6VDK9G8276661 15643UAF1 223000.00000000 PA USD 344813.75000000 0.033546196379 Long DBT CORP US N 2 2032-08-15 None 0.00000000 N N N N Y Centrus Energy Corp. USD XXXX N N N N/A N/A N/A 9202400.00000000 PA 1288359.79000000 0.125341783855 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 327656.33000000 N N N Pharmacia LLC N/A 71713UAW2 2870000.00000000 PA USD 3083665.44000000 0.300003252245 Long DBT CORP US N 2 2028-12-01 Fixed 6.60000000 N N N N N N N/A N/A N/A 33139500.00000000 PA -172076.63000000 -0.01674096935 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-07-15 0.00000000 USD 0.00000000 USD 33139500.00000000 AUD -172076.63000000 N N N Morgan Stanley Bank of America Merrill Lynch Trust 549300PFVBG5704L7K74 61762DAG6 265000.00000000 PA USD 242694.92000000 0.023611272597 Long ABS-MBS CORP US N 2 2046-05-15 Variable 3.92438880 N N N N N N GS Mortgage Securities Trust 549300WF5YRKNHB1FX69 36198EAP0 985219.09000000 PA USD 973302.08000000 0.094690489321 Long ABS-MBS CORP US N 2 2046-07-10 Variable 4.00440960 N N N N N N Bunge Ltd. Finance Corp. 549300QHC068L40NNM71 12057AZ15 3050000.00000000 PA USD 3027479.72000000 0.294537063043 Long STIV CORP US N 2 2025-12-01 Fixed 0.00000000 N N N N N N COMM Mortgage Trust N/A 12591YBD6 253909.05000000 PA USD 249595.06000000 0.024282572542 Long ABS-MBS CORP US N 2 2047-06-10 Fixed 4.01200000 N N N N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AD8 515000.00000000 PA USD 547343.03000000 0.053249839286 Long DBT CORP US N 2 2036-01-15 Fixed 6.75000000 N N N N N N Repligen Corp. 54930006QJ0T5AUO1E71 759916AD1 230000.00000000 PA USD 231840.00000000 0.022555220517 Long DBT CORP US N 2 2028-12-15 Fixed 1.00000000 N N N N Y Repligen Corp. USD XXXX N N N Barclays Commercial Mortgage Trust N/A 05492JAA0 442000.00000000 PA USD 363503.98000000 0.035364529105 Long ABS-MBS CORP US N 2 2052-11-15 Fixed 2.50000000 N N N N N N Haleon US Capital LLC 549300N8C3A3L0UVQB07 36264FAL5 1315000.00000000 PA USD 1280571.47000000 0.124584074766 Long DBT CORP US N 2 2029-03-24 Fixed 3.37500000 N N N N N N Lyft, Inc. 549300H7I5VN334XVZ52 55087PAE4 223000.00000000 PA USD 270164.50000000 0.026283729612 Long DBT CORP US N 2 2030-09-15 None 0.00000000 N N N N N Lyft, Inc. USD XXXX N N N FHLMC N/A 35563PBH1 14994.50000000 PA USD 14941.77000000 0.001453653024 Long ABS-MBS CORP US N 2 2056-08-25 Variable 3.99999960 N N N N N N GS Mortgage Securities Trust N/A 36257UAN7 24442908.06000000 PA USD 623758.57000000 0.060684144650 Long ABS-MBS CORP US N 2 2052-09-10 Variable 0.92910960 N N N N N N N/A N/A N/A 1.00000000 NC N/A 3631.58000000 0.000353308694 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1351100.00000000 EUR 1596983.99000000 USD 2025-12-17 3631.58000000 N N N N/A N/A N/A 1.00000000 NC N/A 837.99000000 0.000081526264 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 743958.01000000 USD 5789200.00000000 HKD 2025-11-19 837.99000000 N N N Beach Acquisition Bidco LLC 254900F2FNX3GBTB6202 07337JAC1 1090000.00000000 PA USD 1178466.58000000 0.114650507177 Long DBT CORP US N 2 2033-07-15 Fixed 10.00000000 N N Y N N N N/A N/A N/A 1.00000000 NC N/A 19679.60000000 0.001914586428 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 1652275.62000000 USD 246005500.00000000 JPY 2025-11-19 19679.60000000 N N N N/A N/A N/A 2648000.00000000 PA USD 78420.34000000 0.007629348092 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 163472.69000000 USD 2648000.00000000 USD 78420.34000000 N N N Hercules Capital, Inc. 549300UJ5OC256GR2B73 427096AL6 211000.00000000 PA USD 210143.47000000 0.020444411258 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 N/A N/A N/A 37000.00000000 PA USD 374.18000000 0.000036403176 N/A DCR GB N 2 MORGAN STANLEY INTL PLC IGJSJL3JD5P30I6NJZ34 Markit CMBX North American Index Series BB-8 137BEMAG3 Y Payout of notional amount upon default event with regard to the reference instrument 2057-10-17 0.00000000 USD 16251.13000000 USD 37000.00000000 USD 374.18000000 N N N FHLMC Multifamily Structured Credit Risk 549300XWC4JMK6CH6K84 35563FAB7 1820000.00000000 PA USD 1878901.75000000 0.182794355164 Long ABS-MBS CORP US N 2 2051-01-25 Floating 8.10603000 N N N N N N Alternative Loan Trust N/A 02146QAD5 6479780.31000000 PA USD 5624648.24000000 0.547210064634 Long ABS-MBS CORP US N 2 2046-08-25 Floating 4.65239160 N N N N N N N/A N/A N/A 45541000.00000000 PA USD 1533718.61000000 0.149212221617 N/A DCR US N 2 ICE Clear US 549300HWWR1D8OTS2G29 Markit CDX North American High Yield Index Series 44-V1 2I65BRAD4 Y Payout of notional amount upon default event with regard to the reference instrument 2030-06-20 2160567.03000000 USD 0.00000000 USD 45541000.00000000 USD 1533718.61000000 N N N GNMA 549300M8ZYFG0OCMTT87 38376RK47 8243065.03000000 PA USD 339053.75000000 0.032985818229 Long ABS-MBS USGA US N 2 2066-12-20 Variable 1.89739080 N N N N N N N/A N/A N/A 6000.00000000 PA USD 852.86000000 0.000082972935 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 1226.25000000 USD 6000.00000000 USD 852.86000000 N N N CFCRE Commercial Mortgage Trust N/A 12532BAD9 2149000.00000000 PA USD 2126435.07000000 0.206876345407 Long ABS-MBS CORP US N 2 2054-12-10 Fixed 3.83900000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -340.01000000 -0.00003307884 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 149521.48000000 USD 126500.00000000 EUR 2025-12-17 -340.01000000 N N N Banijay Entertainment SAS 969500CE0IE2EZ5VBG13 060335AB2 2100000.00000000 PA USD 2182842.90000000 0.212364143219 Long DBT CORP FR N 2 2029-05-01 Fixed 8.12500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RC87 9395763.29000000 PA USD 438274.77000000 0.042638820240 Long ABS-MBS USGA US N 2 2066-10-20 Variable 2.77959960 N N N N N N RB Global Holdings, Inc. 254900LH3N0EGB1LQ203 76774LAC1 1610000.00000000 PA USD 1685916.33000000 0.164019214099 Long DBT CORP US N 2 2031-03-15 Fixed 7.75000000 N N N N N N Boyd Gaming Corp. 254900787YGRYS2A1Z35 103304BV2 1300000.00000000 PA USD 1254286.93000000 0.122026907772 Long DBT CORP US N 2 2031-06-15 Fixed 4.75000000 N N N N N N Hilton Domestic Operating Co., Inc. 5493003EG7H0N1E4XV50 432833AS0 1015000.00000000 PA USD 1029286.13000000 0.100137058477 Long DBT CORP US N 2 2033-09-15 Fixed 5.75000000 N N N N N N Standard Building Solutions, Inc. 54930064UHXCIUWVI755 853191AA2 775000.00000000 PA USD 795960.67000000 0.077437320716 Long DBT CORP US N 2 2032-08-15 Fixed 6.50000000 N N N N N N Rexford Industrial Realty LP 549300028US163ELJN70 76169XAE4 267000.00000000 PA USD 269536.50000000 0.026222632828 Long DBT CORP US N 2 2029-03-15 Fixed 4.12500000 N N N N Y Rexford Industrial Realty, Inc. USD XXXX N N N Towd Point Mortgage Trust N/A 89177JAB4 256000.00000000 PA USD 232978.89000000 0.022666020703 Long ABS-MBS CORP US N 2 2058-12-25 Variable 3.75000120 N N N N N N FNMA or FHLMC N/A 01F0326A7 7000000.00000000 PA USD 6396288.92000000 0.622281345248 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 3.50000000 N N N N N N Trip.com Group Ltd. 2549004RMYDSRQL4KW41 N/A 617000.00000000 PA USD 717164.95000000 0.069771452702 Long DBT CORP KY N 2 2027-07-01 Fixed 1.50000000 N N N N N H World Group Ltd. USD XXXX N N N Cemex SAB de CV 549300RIG2CXWN6IV731 151290CC5 270000.00000000 PA USD 282622.50000000 0.027495741936 Long DBT CORP MX N 2 2030-06-10 Fixed 7.20000000 N N N N N N Eagle Funding Luxco SARL 894500VDP08MVIZ6OA60 26951TAA8 1510000.00000000 PA USD 1533873.10000000 0.149227251621 Long DBT NUSS LU N 2 2030-08-17 Fixed 5.50000000 N N N N N N Protective Life Corp. 549300ZWIT8J8Y2EXL07 74367WXP1 2100000.00000000 PA USD 2093042.03000000 0.203627607567 Long STIV CORP US N 2 2025-10-23 None 0.00000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46639NAX9 965000.00000000 PA USD 892631.76000000 0.086842245460 Long ABS-MBS CORP US N 2 2045-07-15 Variable 4.07136600 N N N N N N Scientific Games Holdings LP N/A 80875CAE7 1272133.74000000 PA USD 1263114.31000000 0.122885704798 Long LON CORP US N 2 2029-04-04 Variable 7.28580000 N N N N N N New York Life Global Funding 635400DPNHEAUHB7ZI15 64952WFD0 1230000.00000000 PA USD 1258854.15000000 0.122471242892 Long DBT CORP US N 2 2028-06-13 Fixed 4.90000000 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 494553AD2 1605000.00000000 PA USD 1641681.09000000 0.159715661679 Long DBT CORP US N 2 2029-02-01 Fixed 5.00000000 N N N N N N N/A N/A N/A 922000.00000000 PA USD -94117.78000000 -0.00915651864 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 277119.41000000 USD 0.00000000 USD 922000.00000000 USD -94117.78000000 N N N N/A N/A N/A 6695700.00000000 PA USD 174397.25000000 0.016966737540 N/A DIR GB N 2 NATWEST MARKETS PLC RR3QWICWWIPCS8A4S074 Put Purchased N/A Swaption 1.00000000 4.82500000 USD 2027-04-30 XXXX -67987.09000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B47K8 9528049.01000000 PA USD 1125666.58000000 0.109513707473 Long ABS-MBS USGSE US N 2 2049-07-25 Floating 1.57948920 N N N N N N Uzbekneftegaz JSC 213800LUZJZFLJD4MJ51 91825MAC7 300000.00000000 PA USD 321189.69000000 0.031247861826 Long DBT NUSS UZ N 2 2030-05-07 Fixed 8.75000000 N N N N N N Targa Resources Corp. 5493003QENHHS261UR94 87612GAE1 1190000.00000000 PA USD 1254323.32000000 0.122030448078 Long DBT CORP US N 2 2029-03-01 Fixed 6.15000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XCH5 5920484.23000000 PA USD 6202517.15000000 0.603429701863 Long ABS-MBS CORP US N 2 2028-09-25 Floating 16.72050960 N N N N N N Bausch + Lomb Corp. N/A C0787FAJ1 1860732.41030000 PA USD 1864221.28000000 0.181366123461 Long LON CORP CA N 2 2031-01-15 Variable 8.41340000 N N N N N N Smyrna Ready Mix Concrete LLC 549300S7RFWHQFOIOY93 83283WAE3 2600000.00000000 PA USD 2748025.12000000 0.267349519360 Long DBT CORP US N 2 2031-11-15 Fixed 8.87500000 N N N N N N N/A N/A N/A 17126000.00000000 PA 476724.01000000 0.046379465025 N/A DIR US N 2 JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 Put Purchased N/A Swaption 1.00000000 4.56500000 AUD 2028-03-15 XXXX -223255.41000000 N N N GNMA 549300M8ZYFG0OCMTT87 38375UZV5 16335555.54000000 PA USD 469892.26000000 0.045714818597 Long ABS-MBS USGA US N 2 2067-04-20 Variable 1.88685000 N N N N N N Cemex SAB de CV 549300RIG2CXWN6IV731 151290CC5 235000.00000000 PA USD 245986.25000000 0.023931479093 Long DBT CORP MX N 2 2030-06-10 Fixed 7.20000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -50.58000000 -0.00000492082 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 129681.00000000 USD 1007600.00000000 HKD 2025-11-19 -50.58000000 N N N Petronas Capital Ltd. 549300G7YFX3540OYR85 N/A 1980000.00000000 PA USD 1785374.53000000 0.173695290846 Long DBT CORP MY N 2 2032-01-28 Fixed 2.48000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38382AQY4 6795439.74000000 PA USD 827789.21000000 0.080533851679 Long ABS-MBS USGA US N 2 2049-10-20 Floating 1.80007920 N N N N N N Qnity Electronics, Inc. 254900RSUG4J9TFFZX53 74743LAA8 480000.00000000 PA USD 484260.85000000 0.047112708159 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 1873000.00000000 PA USD 2143869.51000000 0.208572504995 Long DBT CORP NL N 2 2031-09-15 Fixed 8.12500000 N N N N N N Republic of South Africa 378900AAFB4F17004C49 836205AY0 200000.00000000 PA USD 204874.94000000 0.019931847179 Long DBT NUSS ZA N 2 2030-06-22 Fixed 5.87500000 N N N N N N N/A N/A N/A 109625000.00000000 PA 131966.92000000 0.012838780976 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 78700.09000000 USD 0.00000000 USD 109625000.00000000 NOK 131966.92000000 N N N Royalty Pharma plc 549300FGFN7VOK8BZR03 78081BAT0 1395000.00000000 PA USD 1383779.42000000 0.134624956717 Long DBT CORP GB N 2 2031-03-25 Fixed 4.45000000 N N N N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 06051GGC7 1275000.00000000 PA USD 1275768.88000000 0.124116840999 Long DBT CORP US N 2 2027-11-25 Fixed 4.18300000 N N N N N N Viking Cruises Ltd. 549300IJP90T4MV2GL84 92676XAG2 995000.00000000 PA USD 1068684.73000000 0.103970064477 Long DBT CORP BM N 2 2031-07-15 Fixed 9.12500000 N N N N N N Jazz Investments I Ltd. N/A 472145AH4 345000.00000000 PA USD 410205.00000000 0.039907972016 Long DBT CORP BM N 2 2030-09-15 Fixed 3.12500000 N N N N Y Jazz Pharmaceuticals PLC USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 38380FA22 6314575.90000000 PA USD 1411325.39000000 0.137304845552 Long ABS-MBS USGA US N 2 2047-07-16 Fixed 5.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 24879.82000000 0.002420504772 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1768800.00000000 GBP 2403965.47000000 USD 2025-12-17 24879.82000000 N N N N/A N/A N/A 190000.00000000 PA USD 10862.01000000 0.001056741851 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 81235.90000000 USD 190000.00000000 USD 10862.01000000 N N N N/A N/A N/A 175000.00000000 PA USD 19489.72000000 0.001896113407 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 30380.20000000 USD 175000.00000000 USD 19489.72000000 N N N N/A N/A N/A 13700000.00000000 PA USD 250422.17000000 0.024363040315 N/A DIR US N 2 MIZUHO CAPITAL MARKETS LLC OV6W8S6QX2D1J857QP30 Call Purchased N/A Swaption 1.00000000 3.25000000 USD 2027-09-09 XXXX -40702.83000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B1S47 18609138.86000000 PA USD 2306524.60000000 0.224396872762 Long ABS-MBS USGSE US N 2 2048-06-25 Floating 1.72949040 N N N N N N Accor SA 969500QZC2Q0TK11NV07 N/A 1005100.00000000 PA 630236.18000000 0.061314337550 Long DBT CORP FR N 2 2027-12-07 Fixed 0.70000000 N N N N N Accor SA EUR XXXX N N N Philip Morris International, Inc. HL3H1H2BGXWVG3BSWR90 718172DA4 2435000.00000000 PA USD 2517485.92000000 0.244920850908 Long DBT CORP US N 2 2030-02-15 Fixed 5.12500000 N N N N N N Core Scientific, Inc. 5299003RGB2LAZ65RK73 21874AAE6 184000.00000000 PA USD 206540.00000000 0.020093837325 Long DBT CORP US N 2 2031-06-15 None 0.00000000 N N N N Y Core Scientific, Inc. USD XXXX N N N JPMBB Commercial Mortgage Securities Trust N/A 46643PBK5 858000.00000000 PA USD 801586.50000000 0.077984645751 Long ABS-MBS CORP US N 2 2047-11-15 Variable 4.34720160 N N N N N N Coinbase Global, Inc. 5493004G3J2SC154DU06 19260QAJ6 494000.00000000 PA USD 546858.00000000 0.053202651749 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 290000.00000000 PA USD 311475.95000000 0.030302832721 Long DBT CORP BM N 2 2031-07-15 Fixed 9.12500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 1836.82000000 0.000178700311 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 1358200.00000000 NOK 137964.45000000 USD 2025-12-17 1836.82000000 N N N Republic of Cote d'Ivoire 254900ICW11T82O6H590 N/A 2762000.00000000 PA USD 2658376.67000000 0.258627812325 Long DBT NUSS CI N 2 2033-06-15 Fixed 6.12500000 N N N N N N N/A N/A N/A 263600000.00000000 PA USD 1316343.87000000 0.128064295481 N/A DIR FR N 2 BNP PARIBAS NY BRANCH 549300QVEGJN81E8T563 Call Purchased N/A Swaption 1.00000000 3.85000000 USD 2026-02-05 XXXX 222403.87000000 N N N Tyler Technologies, Inc. 25490040SMU4Z8LBCW70 902252AB1 242000.00000000 PA USD 266200.00000000 0.025898031839 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 Republic of Chile 549300FLZTJM5YJF8D34 168863EE4 1400000.00000000 PA USD 1474410.00000000 0.143442213089 Long DBT NUSS CL N 2 2037-01-13 Fixed 5.65000000 N N N N N N Benchmark Mortgage Trust N/A 081921BA5 14684000.00000000 PA USD 312635.58000000 0.030415650657 Long ABS-MBS CORP US N 2 2057-11-15 Variable 0.77270040 N N N N N N Adient Global Holdings Ltd. 213800VA38VCKE6M8790 00687YAD7 405000.00000000 PA USD 419675.22000000 0.040829309578 Long DBT CORP JE N 2 2033-02-15 Fixed 7.50000000 N N N N N N Republic of Costa Rica 549300S1EK2VN6XVJP58 N/A 1250000.00000000 PA USD 1305937.50000000 0.127051881876 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 1200000.00000000 PA USD 1255743.89000000 0.122168652312 Long DBT CORP US N 2 2029-01-15 Fixed 6.10000000 N N N N N N Braskem Idesa SAPI YH0V7ZHY352ITDGEYB83 N/A 800000.00000000 PA USD 489438.52000000 0.047616432661 Long DBT CORP MX N 2 2029-11-15 Fixed 7.45000000 N N N N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756CF5 1080000.00000000 PA USD 1108620.00000000 0.107855281960 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 1436000.00000000 PA USD 1627784.98000000 0.158363738692 Long DBT CORP SG N 2 2032-12-01 Fixed 9.62500000 N N N N N N N/A N/A N/A 5225500.00000000 PA USD 220568.10000000 0.021458601339 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 -10399.00000000 N N N N/A N/A N/A 1.00000000 NC N/A 423.03000000 0.000041155688 N/A DFE N/A N 2 Bank of America B4TYDEB6GKMZO031MB27 23500.00000000 CAD 17320.04000000 USD 2025-10-15 423.03000000 N N N Stonex Escrow Issuer LLC N/A 86189AAA7 535000.00000000 PA USD 551112.29000000 0.053616542575 Long DBT CORP US N 2 2032-07-15 Fixed 6.87500000 N N N N N N Madison IAQ LLC 549300IXDNBXNHUPBU73 55759VAB4 1334153.74260000 PA USD 1336808.71000000 0.130055276239 Long LON CORP US N 2 2028-06-21 Variable 6.70190000 N N N N N N Mid-America Apartments LP 549300FXWGE3QSYCUJ38 59524NX31 1585000.00000000 PA USD 1584441.60000000 0.154146953436 Long STIV CORP US N 2 2025-10-03 None 0.00000000 N N N N N N Serbia Government Bond 254900W94OCY91V32O78 817477AH5 700000.00000000 PA USD 761425.30000000 0.074077448019 Long DBT NUSS RS N 2 2033-09-26 Fixed 6.50000000 N N N N N N Arcosa, Inc. 549300WFHLTCZV7D6V29 039653AC4 320000.00000000 PA USD 334501.76000000 0.032542964804 Long DBT CORP US N 2 2032-08-15 Fixed 6.87500000 N N N N N N Celanese US Holdings LLC CD30XVRLT4QO00B1C706 15089QAP9 38000.00000000 PA USD 38855.99000000 0.003780216627 Long DBT CORP US N 2 2032-07-15 Fixed 6.87899880 N N N N N N Republic of Colombia 549300MHDRBVRF6B9117 195325EL5 1710000.00000000 PA USD 1839105.00000000 0.178922613998 Long DBT NUSS CO N 2 2035-11-14 Fixed 8.00000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XDB7 146989.85000000 PA USD 156379.11000000 0.015213791021 Long ABS-MBS CORP US N 2 2029-01-25 Floating 14.72051160 N N N N N N N/A N/A N/A 5334000.00000000 PA USD -1048926.02000000 -0.10204778160 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 1220251.26000000 USD 0.00000000 USD 5334000.00000000 USD -1048926.02000000 N N N XHR LP 549300M88BPT83ZL2164 98372MAE5 985000.00000000 PA USD 1013292.16000000 0.098581039152 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 -581.70000000 -0.00005659235 N/A DFE N/A N 2 Westpac Banking EN5TNI6CI43VEPAMHL14 158500.00000000 AUD 104318.68000000 USD 2025-10-15 -581.70000000 N N N F&G Annuities & Life, Inc. N/A 30190AAC8 1200000.00000000 PA USD 1260118.87000000 0.122594284811 Long DBT CORP US N 2 2028-01-13 Fixed 7.40000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 1188.57000000 0.000115633447 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 442200.00000000 EUR 522675.09000000 USD 2025-12-17 1188.57000000 N N N Republic of Ghana 213800PP4399SNNXZ126 374422AM5 240440.00000000 PA USD 234684.80000000 0.022831985058 Long DBT NUSS GH N 2 2029-07-03 Fixed 5.00000000 N N N N N N T-Mobile USA, Inc. 549300V2JRLO5DIFGE82 87264ACA1 1360000.00000000 PA USD 1296831.44000000 0.126165972665 Long DBT CORP US N 2 2028-02-15 Fixed 2.05000000 N N N N N N Chefs' Warehouse, Inc. (The) 549300JYEDC8C547E980 163086AE1 181000.00000000 PA USD 262088.00000000 0.025497984105 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 AT&T, Inc. 549300Z40J86GGSTL398 00206RGL0 3000000.00000000 PA USD 2998180.59000000 0.291686612999 Long DBT CORP US N 2 2028-02-15 Fixed 4.10000000 N N N N N N Paraguay Government International Bond 529900UXKJTJPCU0HK83 N/A 500000.00000000 PA USD 506510.00000000 0.049277280642 Long DBT NUSS PY N 2 2031-04-28 Fixed 4.95000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71654QDC3 1000000.00000000 PA USD 1017788.00000000 0.099018429864 Long DBT NUSS MX N 2 2030-01-23 Fixed 6.84000000 N N N N N N Morgan Stanley Capital I Trust N/A 61767FBF7 1611000.00000000 PA USD 1572932.39000000 0.153027246873 Long ABS-MBS CORP US N 2 2049-08-15 Variable 3.69100080 N N N N N N Republic of South Africa 378900AAFB4F17004C49 836205BB9 550000.00000000 PA USD 441412.08000000 0.042944042457 Long DBT NUSS ZA N 2 2049-09-30 Fixed 5.75000000 N N N N N N FNMA 5493002KQF9IH3CTQZ40 62548QAD3 492179.99000000 PA USD 501853.30000000 0.048824240203 Long ABS-MBS CORP US N 2 2050-03-25 Floating 8.22051000 N N N N N N Progress Software Corp. 549300R65B3JG6972S24 743312AD2 196000.00000000 PA USD 197617.00000000 0.019225737633 Long DBT CORP US N 2 2030-03-01 Fixed 3.50000000 N N N N Y Progress Software Corp. USD XXXX N N N GA Global Funding Trust 54930029I8ROQ4OROZ88 36143L2N4 1340000.00000000 PA USD 1343262.67000000 0.130683168281 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 1070000.00000000 PA 1201404.07000000 0.116882046795 Long DBT NUSS CI N 2 2032-01-30 Fixed 4.87500000 N N N N N N FMC Corp. CKDHZ2X64EEBQCSP7013 302491AZ8 670000.00000000 PA USD 708035.23000000 0.068883241660 Long DBT CORP US N 2 2055-11-01 Fixed 8.45000000 N N N N N N Kingdom of Saudi Arabia 635400FMICXSM3SI3H65 N/A 1500000.00000000 PA USD 1302761.82000000 0.126742926723 Long DBT NUSS SA N 2 2046-10-26 Fixed 4.50000000 N N N N N N Republic of Chile 549300FLZTJM5YJF8D34 168863DY1 1000000.00000000 PA USD 886600.00000000 0.086255428358 Long DBT NUSS CL N 2 2042-03-07 Fixed 4.34000000 N N N N N N N/A N/A N/A 75985000.00000000 PA 79517.59000000 0.007736097211 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 26211.15000000 USD 0.00000000 USD 75985000.00000000 SEK 79517.59000000 N N N Builders FirstSource, Inc. 549300W0SKP6L3H7DP63 12008RAT4 345000.00000000 PA USD 360656.98000000 0.035087550530 Long DBT CORP US N 2 2035-05-15 Fixed 6.75000000 N N N N N N FNMA or FHLMC N/A 01F0506A9 1000000.00000000 PA USD 991891.53000000 0.096499017375 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 5.00000000 N N N N N N International Consolidated Airlines Group SA 959800TZHQRUSH1ESL13 N/A 400000.00000000 PA 659969.63000000 0.064207041663 Long DBT CORP ES N 2 2028-05-18 Fixed 1.12500000 N N N N N International Consolidated Airlines Group SA GBP XXXX N N N United States of America 254900HROIFWPRGM1V77 912797MS3 6900000.00000000 PA USD 6899230.24000000 0.671211436603 Long STIV UST US N 2 2025-10-02 None 0.00000000 N N N N N N FNMA N/A 20753VBT4 1645000.00000000 PA USD 1741415.92000000 0.169418651172 Long ABS-MBS CORP US N 2 2040-02-25 Floating 11.22050880 N N N N N N Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc. N/A N/A 270000.00000000 PA 330704.56000000 0.032173543292 Long DBT CORP US N 2 2033-05-15 Fixed 5.50000000 N N N N N N Terawulf, Inc. 254900CVMW1SX2T78A64 88080TAC8 199000.00000000 PA USD 237805.00000000 0.023135542680 Long DBT CORP US N 2 2031-09-01 Fixed 1.00000000 N N N N Y Terawulf, Inc. USD XXXX N N N FHLMC 549300Y6KOVOWQ8OJC33 35564LBE6 242000.00000000 PA USD 281848.40000000 0.027420431394 Long ABS-MBS CORP US N 2 2049-03-25 Floating 14.97051000 N N N N N N Republic of Chile 549300FLZTJM5YJF8D34 168863EB0 960000.00000000 PA USD 983424.00000000 0.095675229390 Long DBT NUSS CL N 2 2029-01-22 Fixed 4.85000000 N N N N N N Dexcom, Inc. 549300YSK3QDSFR5EU59 252131AM9 392000.00000000 PA USD 357798.00000000 0.034809406446 Long DBT CORP US N 2 2028-05-15 Fixed 0.37500000 N N N N Y Dexcom, Inc. USD XXXX N N N Marriott International, Inc. N/A 57163TXW4 2070000.00000000 PA USD 2062599.75000000 0.200665942891 Long STIV CORP US N 2 2025-10-30 None 0.00000000 N N N N N N N/A N/A N/A 6440900.00000000 PA 647625.45000000 0.063006102645 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 134174.34000000 N N N Mirion Technologies, Inc. 549300BNTOWVWFNVTJ65 60471AAC5 196000.00000000 PA USD 211258.21000000 0.020552861941 Long DBT CORP US N 2 2031-10-01 None 0.00000000 N N N N N Mirion Technologies, Inc. USD XXXX N N N N/A N/A N/A 851000.00000000 PA USD -9471.64000000 -0.00092147571 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-09-17 26741.63000000 USD 0.00000000 USD 851000.00000000 USD -9471.64000000 N N N GNMA 549300M8ZYFG0OCMTT87 38380BAR6 5132355.62000000 PA USD 1090478.78000000 0.106090361250 Long ABS-MBS USGA US N 2 2046-02-20 Fixed 5.00000000 N N N N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 06051GLC1 2870000.00000000 PA USD 2991520.54000000 0.291038670900 Long DBT CORP US N 2 2028-11-10 Fixed 6.20400000 N N N N N N COLT Mortgage Loan Trust N/A 19688JAC1 410000.00000000 PA USD 407395.72000000 0.039634663139 Long ABS-MBS CORP US N 2 2065-03-25 Variable 3.69799920 N N N N N N United Mexican States 254900EGTWEU67VP6075 91087BAX8 430000.00000000 PA USD 419142.50000000 0.040777482382 Long DBT NUSS MX N 2 2053-05-04 Fixed 6.33800000 N N N N N N Targa Resources Corp. 5493003QENHHS261UR94 87613EX67 1970000.00000000 PA USD 1968478.37000000 0.191509074010 Long STIV CORP US N 2 2025-10-06 Fixed 0.00000000 N N N N N N Oriental Republic of Uruguay 549300RDR012H2V82H43 917288BA9 1000000.00000000 PA USD 1201000.00000000 0.116842735684 Long DBT NUSS UY N 2 2033-01-15 Fixed 7.87500000 N N N N N N NRG Energy, Inc. 5E2UPK5SW04M13XY7I38 629377DD1 955000.00000000 PA USD 955734.04000000 0.092981332073 Long DBT CORP US N 2 2036-01-15 Fixed 6.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -30787.19000000 -0.00299522023 N/A DFE N/A N 2 Bank of America B4TYDEB6GKMZO031MB27 4127801.48000000 USD 602820000.00000000 JPY 2025-11-19 -30787.19000000 N N N COMM Mortgage Trust N/A 12592LBP6 588559.96000000 PA USD 567938.29000000 0.055253508329 Long ABS-MBS CORP US N 2 2047-11-10 Variable 4.82622120 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FTQF7 1761570.51000000 PA USD 370373.72000000 0.036032871499 Long ABS-MBS USGSE US N 2 2050-06-25 Fixed 4.50000000 N N N N N N FHLMC 549300MHCI0CUXMJQS62 35564PAC2 1340000.00000000 PA USD 1598443.12000000 0.155509131538 Long ABS-MBS CORP US N 2 2048-01-25 Floating 12.82051080 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136FGS81 31274.53000000 PA USD 5409.93000000 0.000526320583 Long ABS-MBS USGSE US N 2 2040-10-25 Fixed 4.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 2596.09000000 0.000252568074 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 141300.00000000 CAD 104193.86000000 USD 2025-10-15 2596.09000000 N N N Alnylam Pharmaceuticals, Inc. 529900S3ZI14OWRJII50 02043QAB3 117000.00000000 PA USD 192582.00000000 0.018735893192 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 FNMA B1V7KEBTPIMZEU4LTD58 3136AP4N9 6377698.94000000 PA USD 1329616.30000000 0.129355541967 Long ABS-MBS USGSE US N 2 2045-09-25 Fixed 6.00000000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 95003VAD0 28529541.44000000 PA USD 973308.13000000 0.094691077912 Long ABS-MBS CORP US N 2 2057-07-15 Variable 1.25718840 N N N N N N N/A N/A N/A 1022000.00000000 PA USD 17551.85000000 0.001707582156 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American BB 6 137BEMAE8 Y Receipt of notional amount upon default event with regard to the reference instrument 2063-05-11 46048.56000000 USD 0.00000000 USD 1022000.00000000 USD 17551.85000000 N N N Gray Media, Inc. 529900TM5726KDN7UU35 389376AZ7 0.00930000 PA USD 0.01000000 0.000000000972 Long LON CORP US N 2 2028-12-01 Variable 7.39469000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376VGU5 5656887.32000000 PA USD 983811.90000000 0.095712967356 Long ABS-MBS USGA US N 2 2040-02-16 Fixed 4.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379LWF9 2688383.51000000 PA USD 104668.18000000 0.010182944621 Long ABS-MBS USGA US N 2 2040-11-20 Fixed 3.50000000 N N N N N N FNMA or FHLMC N/A 01F0506A9 -28000000.00000000 PA USD -27772962.84000000 -2.70197248650 Short ABS-MBS USGSE US N 2 2055-10-25 Fixed 5.00000000 N N N N N N N/A N/A N/A 24000.00000000 PA USD 1601.55000000 0.000155811393 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 5455.55000000 USD 24000.00000000 USD 1601.55000000 N N N First Horizon Alternative Mortgage Securities Trust N/A 32052MAE1 3894546.62000000 PA USD 2668067.04000000 0.259570567813 Long ABS-MBS CORP US N 2 2036-11-25 Variable 5.14707840 N N N N N N Weekley Homes LLC / Weekley Finance Corp. N/A 948565AD8 1145000.00000000 PA USD 1122141.68000000 0.109170777449 Long DBT CORP US N 2 2028-09-15 Fixed 4.87500000 N N N N N N COMM Mortgage Trust N/A 12592KBE3 949232.21000000 PA USD 937722.77000000 0.091229053922 Long ABS-MBS CORP US N 2 2047-09-10 Variable 4.19299920 N N N N N N Parsons Corp. 549300ZXH0VRBSEPX752 70202LAD4 220000.00000000 PA USD 251350.00000000 0.024453306922 Long DBT CORP US N 2 2029-03-01 Fixed 2.62500000 N N N N Y Parsons Corp. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A -444.15000000 -0.00004321040 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 59182.84000000 USD 8642600.00000000 JPY 2025-11-19 -444.15000000 N N N N/A N/A N/A 1.00000000 NC N/A 260.99000000 0.000025391162 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 97100.00000000 EUR 114771.03000000 USD 2025-12-17 260.99000000 N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71654QCC4 200000.00000000 PA USD 165186.18000000 0.016070612130 Long DBT NUSS MX N 2 2047-09-21 Fixed 6.75000000 N N N N N N Bear Stearns ALT-A Trust N/A 07386HWZ0 32492.70000000 PA USD 26894.07000000 0.002616466871 Long ABS-MBS CORP US N 2 2035-10-25 Variable 5.23244520 N N N N N N Genesee & Wyoming, Inc. G617XSG94Z7G0RMW3L02 37156QAZ9 816750.00000000 PA USD 814479.44000000 0.079238972463 Long LON CORP US N 2 2031-04-10 Variable 5.75150000 N N N N N N Venture Global LNG, Inc. 54930011XLBUWMQUC829 92332YAB7 2610000.00000000 PA USD 2742262.56000000 0.266788892153 Long DBT CORP US N 2 2031-06-01 Fixed 8.37500000 N N N N N N Ameren Corp. XRZQ5S7HYJFPHJ78L959 023608AQ5 1110000.00000000 PA USD 1135345.30000000 0.110455329557 Long DBT CORP US N 2 2029-01-15 Fixed 5.00000000 N N N N N N N/A N/A N/A 44837000.00000000 PA -251073.97000000 -0.02442645255 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-09-17 140254.07000000 USD 0.00000000 USD 44837000.00000000 AUD -251073.97000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136BCLU2 2237344.67000000 PA USD 514067.75000000 0.050012558066 Long ABS-MBS USGSE US N 2 2050-11-25 Fixed 4.50000000 N N N N N N Enbridge US, Inc. 5493003FRODSVHJWFS32 29251UXU7 1815000.00000000 PA USD 1808944.98000000 0.175988409797 Long STIV CORP US N 2 2025-10-28 None 0.00000000 N N N N N N Republic of Panama 549300SHS4T08CL0LP14 698299BL7 700000.00000000 PA USD 452585.00000000 0.044031032081 Long DBT NUSS PA N 2 2060-07-23 Fixed 3.87000000 N N N N N N Aker BP ASA 549300NFTY73920OYK69 00973RAL7 1225000.00000000 PA USD 1263919.97000000 0.122964085746 Long DBT CORP NO N 2 2028-06-13 Fixed 5.60000000 N N N N N N Hashemite Kingdom of Jordan 5493000JZ4MYPVMBVN50 N/A 700000.00000000 PA USD 699243.75000000 0.068027937269 Long DBT NUSS JO N 2 2030-07-07 Fixed 5.85000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29278NAG8 2455000.00000000 PA USD 2526496.50000000 0.245797471072 Long DBT CORP US N 2 2029-04-15 Fixed 5.25000000 N N N N N N N/A N/A N/A 2246000.00000000 PA USD -68503.23000000 -0.00666453355 N/A DCR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Markit CMBX North American Index Series BBB-8 137BERAH0 Y Receipt of notional amount upon default event with regard to the reference instrument 2057-10-17 433870.93000000 USD 0.00000000 USD 2246000.00000000 USD -68503.23000000 N N N Republic of Colombia 549300MHDRBVRF6B9117 195325DS1 950000.00000000 PA USD 826927.50000000 0.080450017746 Long DBT NUSS CO N 2 2031-04-15 Fixed 3.12500000 N N N N N N BANK N/A 06541GAN7 26304865.86000000 PA USD 2142291.95000000 0.208419027538 Long ABS-MBS CORP US N 2 2057-10-15 Variable 1.35002160 N N N N N N N/A N/A N/A 1.00000000 NC N/A 22118.68000000 0.002151879334 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1572500.00000000 GBP 2137175.32000000 USD 2025-12-17 22118.68000000 N N N JPMDB Commercial Mortgage Securities Trust N/A 46591ABG9 1046000.00000000 PA USD 943701.72000000 0.091810733251 Long ABS-MBS CORP US N 2 2051-06-15 Variable 4.91440680 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 71654QDE9 200000.00000000 PA USD 193846.92000000 0.018858954568 Long DBT NUSS MX N 2 2031-01-28 Fixed 5.95000000 N N N N N N New Economy Assets Phase 1 Sponsor LLC N/A 643821AA9 1355000.00000000 PA USD 1134742.31000000 0.110396665943 Long ABS-O CORP US N 2 2061-10-20 Fixed 1.91000000 N N N N N N Prime Security Services Borrower LLC / Prime Finance, Inc. N/A 74166MAE6 1235000.00000000 PA USD 1235690.74000000 0.120217723998 Long DBT CORP US N 2 2028-01-15 Fixed 6.25000000 N N N N N N CSAIL 549300D5DIOOMKWXVZ20 12634NAY4 243008.17000000 PA USD 235026.88000000 0.022865265294 Long ABS-MBS CORP US N 2 2057-06-15 Variable 4.20789960 N N N N N N Ukraine 6354001WLTJXOMEXPY07 903724CF7 226247.00000000 PA USD 110668.26000000 0.010766679643 Long DBT NUSS UA N 2 2035-02-01 Fixed 0.00000000 N N N N N N Wells Fargo Commercial Mortgage Trust 549300V2DF3KW9L1CV04 94988QAU5 2548111.00000000 PA USD 1465163.83000000 0.142542672875 Long ABS-MBS CORP US N 2 2046-07-15 Variable 3.91298760 N N N N N N N/A N/A N/A 5271000.00000000 PA -329719.36000000 -0.03207769527 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-09-17 0.00000000 USD 69737.69000000 USD 5271000.00000000 EUR -329719.36000000 N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29277EX17 2965000.00000000 PA USD 2964650.43000000 0.288424535046 Long STIV CORP US N 2 2025-10-01 Fixed 0.00000000 N N N N N N Chevy Chase Funding LLC Mortgage-Backed Certificates 5493000OPBL8EFF3O717 16678XAB0 1537273.98000000 PA USD 1379424.07000000 0.134201233978 Long ABS-MBS CORP US N 2 2047-11-25 Floating 4.45239000 N N N N N N Republic of Montenegro 747800V014106FYLL014 N/A 950000.00000000 PA 1121962.60000000 0.109153355137 Long DBT NUSS ME N 2 2032-04-01 Fixed 4.87500000 N N N N N N N/A N/A N/A 396000.00000000 PA 24626.33000000 0.002395843269 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2055-09-17 1618.43000000 USD 0.00000000 USD 396000.00000000 EUR 24626.33000000 N N N N/A N/A N/A 11855700.00000000 PA USD 195213.25000000 0.018991881908 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 -411798.59000000 N N N N/A N/A N/A 1.00000000 NC N/A 18003.96000000 0.001751566977 N/A DFE N/A N 2 Toronto Dominion Bank PT3QB789TSUIDF371261 996100.00000000 CAD 734221.53000000 USD 2025-10-15 18003.96000000 N N N N/A N/A N/A 87000.00000000 PA USD 7804.16000000 0.000759250128 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 35061.50000000 USD 0.00000000 USD 87000.00000000 USD 7804.16000000 N N N VICI Properties LP 254900X4QE7SGKQLLN38 925650AC7 2520000.00000000 PA USD 2549910.11000000 0.248075331392 Long DBT CORP US N 2 2030-02-15 Fixed 4.95000000 N N N N N N FIGRE Trust N/A 31684QAA8 195864.37000000 PA USD 196616.80000000 0.019128430302 Long ABS-O CORP US N 2 2055-07-25 Fixed 5.26500000 N N N N N N CMS Energy Corp. 549300IA9XFBAGNIBW29 125896BX7 406000.00000000 PA USD 445585.00000000 0.043350016969 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 405000.00000000 PA USD 417378.83000000 0.040605898679 Long DBT CORP US N 2 2033-06-15 Fixed 6.50000000 N N N N N N Carvana Co. 5493003WEAK2PJ5WS063 146869AL6 1075000.00000000 PA USD 1099187.50000000 0.106937614097 Long DBT CORP US N 2 2028-12-01 Fixed 9.00000000 N N Y N N N N/A N/A N/A 10781000.00000000 PA -78708.26000000 -0.00765735921 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 0.00000000 USD 28500.77000000 USD 10781000.00000000 GBP -78708.26000000 N N N Owens-Brockway Glass Container, Inc. N/A N/A 652819.06000000 PA USD 652411.05000000 0.063471683491 Long LON CORP US N 2 2032-08-25 Variable 0.00000000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61762XAC1 258000.00000000 PA USD 241245.30000000 0.023470242150 Long ABS-MBS CORP US N 2 2046-10-15 Variable 4.85895240 N N N N N N N/A N/A N/A 7699000.00000000 PA -11568.35000000 -0.00112546016 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-12-17 0.00000000 USD 8133.49000000 USD 7699000.00000000 GBP -11568.35000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136BQKK4 13915299.85000000 PA USD 2171802.59000000 0.211290054940 Long ABS-MBS USGSE US N 2 2047-03-25 Fixed 3.50000000 N N N N N N Benin Government International Bond 635400Q11P6AE5A5Y230 N/A 400000.00000000 PA 433003.86000000 0.042126024616 Long DBT NUSS BJ N 2 2035-01-22 Fixed 4.95000000 N N N N N N COMM Mortgage Trust N/A 12624QAT0 1667000.00000000 PA USD 1537858.01000000 0.149614935040 Long ABS-MBS CORP US N 2 2045-10-15 Fixed 3.25100000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 815.06000000 0.000079295453 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 26200.00000000 NZD 16012.13000000 USD 2025-10-15 815.06000000 N N N Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 254900OYVDRYS9J51J61 71568QAE7 950000.00000000 PA USD 977241.25000000 0.095073722792 Long DBT NUSS ID N 2 2028-05-21 Fixed 5.45000000 N N N N N N ATI, Inc. ZW1LRE7C3H17O2ZN9B45 01741RAL6 2395000.00000000 PA USD 2356696.53000000 0.229277993125 Long DBT CORP US N 2 2029-10-01 Fixed 4.87500000 N N N N N N Morgan Stanley Bank of America Merrill Lynch Trust N/A 61764PBZ4 537672.24000000 PA USD 521192.59000000 0.050705718596 Long ABS-MBS CORP US N 2 2047-12-15 Fixed 4.00000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46643AAG8 150000.00000000 PA USD 136476.39000000 0.013277497721 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.18787280 N N N N N N N/A N/A N/A 775000.00000000 PA USD 52067.88000000 0.005065573306 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 103164.27000000 USD 775000.00000000 USD 52067.88000000 N N N Eskom Holdings SOC Ltd. 3789001900ED06F65111 N/A 240000.00000000 PA USD 237707.70000000 0.023126076570 Long DBT NUSS ZA N 2 2027-07-23 Fixed 4.31400000 N N N N N N Datadog, Inc. 549300F6JNO0KRPO1K63 23804LAC7 356000.00000000 PA USD 353330.00000000 0.034374724229 Long DBT CORP US N 2 2029-12-01 None 0.00000000 N N N N Y Datadog, Inc. USD XXXX N N N GNMA 549300M8ZYFG0OCMTT87 21H0506A5 3000000.00000000 PA USD 2984560.68000000 0.290361560923 Long ABS-MBS USGA US N 2 2055-10-15 Fixed 5.00000000 N N N N N N Quikrete Holdings, Inc. 5493007KIN86DIZWZT22 74843PAB6 815000.00000000 PA USD 847965.70000000 0.082496779479 Long DBT CORP US N 2 2033-03-01 Fixed 6.75000000 N N N N N N FHLMC 5493009ZFZYH4FRCW638 35565EAE2 468000.00000000 PA USD 504903.48000000 0.049120985728 Long ABS-MBS CORP US N 2 2047-09-25 Floating 9.27051120 N N N N N N Ukraine 6354001WLTJXOMEXPY07 903724CD2 71644.00000000 PA USD 37932.54000000 0.003690376140 Long DBT NUSS UA N 2 2030-02-01 Fixed 0.00000000 N N N N N N WestJet Loyalty LP N/A C9763HAB3 1063799.98020000 PA USD 1066369.06000000 0.103744777868 Long LON CORP CA N 2 2031-02-14 Variable 7.25150000 N N N N N N N/A N/A N/A 1667000.00000000 PA USD 11499.48000000 0.001118759951 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index BBB- 10 137BERAJ6 Y Receipt of notional amount upon default event with regard to the reference instrument 2059-11-17 319372.24000000 USD 0.00000000 USD 1667000.00000000 USD 11499.48000000 N N N Republic of Ecuador 5299003Y2U5XK0A35H71 N/A 169828.00000000 PA USD 150934.64000000 0.014684110114 Long DBT NUSS EC N 2 2030-07-31 Fixed 6.90000000 N N N N N N Standard Building Solutions, Inc. 54930064UHXCIUWVI755 853191AC8 575000.00000000 PA USD 583225.47000000 0.056740765558 Long DBT CORP US N 2 2033-08-01 Fixed 6.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378GHA9 11814931.47000000 PA USD 1934621.78000000 0.188215238376 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 2418000.00000000 PA USD 2335636.88000000 0.227229144567 Long ABS-MBS CORP US N 2 2047-09-10 Variable 4.52656080 N N N N N N UBS AG 254900R882POXXVAK772 22550L2M2 585000.00000000 PA USD 629958.95000000 0.061287366433 Long DBT CORP CH N 2 2028-02-15 Fixed 7.50000000 N N N N N N Barclays Commercial Mortgage Trust N/A 05492JAE2 648000.00000000 PA USD 387941.21000000 0.037741975238 Long ABS-MBS CORP US N 2 2052-11-15 Variable 2.70208440 N N N N N N N/A N/A N/A 16584000.00000000 PA 4787.67000000 0.000465782231 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-12-17 6670.90000000 USD 0.00000000 USD 16584000.00000000 CAD 4787.67000000 N N N DBUBS Mortgage Trust N/A 23305YAM1 238382.50000000 PA USD 230776.24000000 0.022451729569 Long ABS-MBS CORP US N 2 2044-08-10 Variable 5.52986640 N N N N N N Republic of Angola 549300QHR2R3J8JSGK83 N/A 500000.00000000 PA USD 488397.16000000 0.047515120961 Long DBT NUSS AO N 2 2029-11-26 Fixed 8.00000000 N N N N N N Istanbul Metropolitan Municipality 213800T1VDQSNKA2MD76 N/A 1000000.00000000 PA USD 1097872.76000000 0.106809705838 Long DBT NUSS TR N 2 2028-12-06 Fixed 10.50000000 N N N N N N Encore Capital Group, Inc. 5493000UVC6H49CIH830 292554AQ5 1375000.00000000 PA USD 1452563.75000000 0.141316837890 Long DBT CORP US N 2 2029-04-01 Fixed 9.25000000 N N N N N N Guidewire Software, Inc. 549300WXSG0J8IXZCK32 40171VAB6 533000.00000000 PA USD 621223.77000000 0.060437539349 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 Bentley Systems, Inc. 549300WVEHPGE0Z56F71 08265TAD1 215000.00000000 PA USD 202960.00000000 0.019745546739 Long DBT CORP US N 2 2027-07-01 Fixed 0.37500000 N N N N Y Bentley Systems, Inc. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A -29799.88000000 -0.00289916694 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 8068100.00000000 AUD 5309927.23000000 USD 2025-10-15 -29799.88000000 N N N WaMu Mortgage-Backed Pass-Through Certificates Trust N/A 92922F4V7 60802.85000000 PA USD 59723.98000000 0.005810418991 Long ABS-MBS CORP US N 2 2045-10-25 Floating 5.25238920 N N N N N N N/A N/A N/A 1.00000000 NC N/A -538.71000000 -0.00005240995 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 138200.00000000 AUD 90926.48000000 USD 2025-10-15 -538.71000000 N N N N/A N/A N/A 1045000.00000000 PA USD 93739.70000000 0.009119736045 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 421140.99000000 USD 0.00000000 USD 1045000.00000000 USD 93739.70000000 N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 46647PDW3 6055000.00000000 PA USD 6176484.80000000 0.600897069898 Long DBT CORP US N 2 2027-10-22 Fixed 6.07000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38375U6A3 4492282.86000000 PA USD 191946.26000000 0.018674043399 Long ABS-MBS USGA US N 2 2068-01-20 Variable 2.33019000 N N N N N N N/A N/A N/A 13.00000000 NC USD -1541.24000000 -0.00014994396 N/A DIR US N 1 CME Clearing House LCZ7XYGSLJUHFXXNXD88 Long United States of America U.S. Treasury 5 Year Notes 2025-12-31 1419539.07000000 USD -1541.24000000 N N N Dominican Republic 254900EHU7Q8FGVPI369 N/A 1490000.00000000 PA USD 1540809.00000000 0.149902030581 Long DBT NUSS DO N 2 2028-07-19 Fixed 6.00000000 N N N N N N Albaugh LLC N/A 01260HAH8 1296640.82690000 PA USD 1299208.18000000 0.126397200645 Long LON CORP US N 2 2029-04-06 Variable 7.91340000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381BDC5 16907351.24000000 PA USD 2136921.81000000 0.207896578039 Long ABS-MBS USGA US N 2 2048-12-20 Floating 1.85007960 N N N N N N N/A N/A N/A 1585000.00000000 PA 11841.88000000 0.001152071319 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 0.00000000 USD 724.78000000 USD 1585000.00000000 AUD 11841.88000000 N N N Rand Parent LLC N/A 75223LAD8 1166529.78000000 PA USD 1163193.50000000 0.113164621707 Long LON CORP US N 2 2030-03-18 Variable 7.29561000 N N N N N N N/A N/A N/A 873000.00000000 PA USD -2473.50000000 -0.00024064155 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index BBB- 11 137BERAK3 Y Receipt of notional amount upon default event with regard to the reference instrument 2054-11-18 107233.50000000 USD 0.00000000 USD 873000.00000000 USD -2473.50000000 N N N McAfee Corp. 2549009UKR8UEZYVCR93 57906HAF4 1301874.64760000 PA USD 1247358.65000000 0.121352870146 Long LON CORP US N 2 2029-03-01 Variable 7.22306000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -1375.26000000 -0.00013379612 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 117284.02000000 USD 17054400.00000000 JPY 2025-11-19 -1375.26000000 N N N HarborView Mortgage Loan Trust N/A 41161PLQ4 10366678.26000000 PA USD 2863231.96000000 0.278557747799 Long ABS-MBS CORP US N 2 2035-05-19 Floating 4.76807040 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379T5K1 5822834.30000000 PA USD 1129414.41000000 0.109878325883 Long ABS-MBS USGA US N 2 2045-03-20 Fixed 4.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 439.53000000 0.000042760938 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 78318.48000000 USD 119000.00000000 AUD 2025-10-15 439.53000000 N N N Caesars Entertainment, Inc. 549300FA4CTCW903Y781 12768EAH9 1324825.00000000 PA USD 1323447.18000000 0.128755361403 Long LON CORP US N 2 2031-02-06 Variable 6.41340000 N N N N N N Citigroup Commercial Mortgage Trust N/A 17323CAN7 2714859.40640000 PA USD 2625348.05000000 0.255414528132 Long ABS-MBS CORP US N 2 2048-02-10 Variable 4.54285440 N N N N N N Banc of America Commercial Mortgage Trust N/A 06054ABC2 621000.00000000 PA USD 601055.09000000 0.058475371367 Long ABS-MBS CORP US N 2 2048-09-15 Variable 4.38356160 N N N N N N KazMunayGas National Co. JSC 2138001H1M69RFJCSH88 N/A 980000.00000000 PA USD 976422.31000000 0.094994049861 Long DBT CORP KZ N 2 2048-10-24 Fixed 6.37500000 N N N N N N Constellation Energy Generation LLC S2PEWKCZFFECR4533P43 210385AB6 1215000.00000000 PA USD 1256086.99000000 0.122202031781 Long DBT CORP US N 2 2028-03-01 Fixed 5.60000000 N N N N N N Aris Water Holdings LLC 5493007AWQW8ZKCHVV46 04041NAA0 1130000.00000000 PA USD 1193871.62000000 0.116149230755 Long DBT CORP US N 2 2030-04-01 Fixed 7.25000000 N N N N N N Nebius Group NV 549300GGZHJ5Q1B18P93 63954QAE6 139000.00000000 PA USD 162004.50000000 0.015761073250 Long DBT CORP NL N 2 2030-09-15 Fixed 1.00000000 N N N N N Nebius Group NV USD XXXX N N N Kingdom of Morocco 529900F3MBW9XY5K1X07 N/A 474000.00000000 PA USD 419873.79000000 0.040848628031 Long DBT NUSS MA N 2 2032-12-15 Fixed 3.00000000 N N N N N N Nationstar Mortgage Holdings, Inc. N/A 63861CAE9 1735000.00000000 PA USD 1758904.83000000 0.171120110030 Long DBT CORP US N 2 2031-11-15 Fixed 5.75000000 N N N N N N Republic of Turkiye (The) 5493000PCHOG3B6S3Q85 900123DK3 700000.00000000 PA USD 743879.43000000 0.072370447644 Long DBT NUSS TR N 2 2034-05-15 Fixed 7.62500000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FVT28 2824635.63000000 PA USD 396767.25000000 0.038600641898 Long ABS-MBS USGSE US N 2 2050-09-25 Floating 1.77949080 N N N N N N N/A N/A N/A 1.00000000 NC N/A 3556.85000000 0.000346038371 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 1323300.00000000 EUR 1564124.72000000 USD 2025-12-17 3556.85000000 N N N Putnam Funds Trust 549300S9JYWEMKQCLW53 74676P664 135599139.41000000 NS USD 135599139.41000000 13.19215187774 Long RF US N 1 N N N Republic of Colombia 549300MHDRBVRF6B9117 195325EG6 1710000.00000000 PA USD 1801057.50000000 0.175221053643 Long DBT NUSS CO N 2 2034-02-02 Fixed 7.50000000 N N N N N N Boston Properties LP BVHHEFJI6SHNOKQT2572 10113BX86 2825000.00000000 PA USD 2822310.60000000 0.274576595717 Long STIV CORP US N 2 2025-10-08 None 0.00000000 N N N N N N N/A N/A N/A 483000.00000000 PA USD 13834.32000000 0.001345911569 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 224144.02000000 USD 0.00000000 USD 483000.00000000 USD 13834.32000000 N N N N/A N/A N/A 1.00000000 NC N/A 484.63000000 0.000047148621 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 180300.00000000 EUR 213112.44000000 USD 2025-12-17 484.63000000 N N N Wells Fargo Commercial Mortgage Trust N/A 95002BAL7 395000.00000000 PA USD 314842.69000000 0.030630375695 Long ABS-MBS CORP US N 2 2052-10-15 Fixed 2.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376R4R4 9821065.99000000 PA USD 480692.07000000 0.046765509143 Long ABS-MBS USGA US N 2 2067-05-20 Variable 2.08562040 N N N N N N FHLMC 5493000ITF7RKPWPZQ19 35566ABE8 256000.00000000 PA USD 358454.07000000 0.034873234101 Long ABS-MBS CORP US N 2 2050-10-25 Floating 15.85603080 N N N N N N N/A N/A N/A 1.00000000 NC N/A -1765.78000000 -0.00017178898 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 594616.66000000 USD 467600.00000000 CHF 2025-12-17 -1765.78000000 N N N Seagate Data Storage Technology Pte. Ltd. N/A 81180LAA3 830000.00000000 PA USD 846530.28000000 0.082357130520 Long DBT CORP SG N 2 2030-07-15 Fixed 5.87500000 N N N N N N FHLMC 5493000ITAM9GTFUKP51 35565MBE3 3318000.00000000 PA USD 4422426.16000000 0.430248435385 Long ABS-MBS CORP US N 2 2050-07-25 Floating 14.47050960 N N N N N N Fluor Corp. CQ7WZ4NOFWT7FAE6Q943 343412AJ1 218000.00000000 PA USD 259202.00000000 0.025217211303 Long DBT CORP US N 2 2029-08-15 Fixed 1.12500000 N N N N N Fluor Corp. USD XXXX N N N Electricite de France SA 549300X3UK4GG3FNMO06 28504KAA5 1280000.00000000 PA USD 1485085.44000000 0.144480803942 Long DBT NUSS FR N 2 2033-03-15 Fixed 9.12500000 N N N N N N DaVita, Inc. M2XHYMU3TZNEZURC6H66 23918KAY4 135000.00000000 PA USD 139325.13000000 0.013554645577 Long DBT CORP US N 2 2033-07-15 Fixed 6.75000000 N N N N N N Lenovo Group Ltd. 254900VUZRGD5U73RE46 N/A 234000.00000000 PA USD 335790.00000000 0.032668294933 Long DBT CORP HK N 2 2029-08-26 Fixed 2.50000000 N N N N N Lenovo Group Ltd. HKD XXXX N N N FHLMC N/A 3137G0HZ5 2076239.96000000 PA USD 2128680.80000000 0.207094827703 Long ABS-MBS CORP US N 2 2028-07-25 Floating 14.47050960 N N N N N N Republic of Bulgaria 529900PG0XCL4LICL838 N/A 405000.00000000 PA 490442.42000000 0.047714099957 Long DBT NUSS BG N 2 2032-09-05 Fixed 3.62500000 N N N N N N Citigroup Mortgage Loan Trust N/A 17330VAA4 152944.65000000 PA USD 153438.20000000 0.014927676142 Long ABS-MBS CORP US N 2 2062-09-25 Fixed 9.16999920 N N N N N N Clydesdale Acquisition Holdings, Inc. 254900QKSDYFR3K5YD98 18972EAD7 1120000.00000000 PA USD 1149786.40000000 0.111860273463 Long DBT CORP US N 2 2032-04-15 Fixed 6.75000000 N N N N N N ATI, Inc. ZW1LRE7C3H17O2ZN9B45 01741RAN2 455000.00000000 PA USD 477972.95000000 0.046500971741 Long DBT CORP US N 2 2030-08-15 Fixed 7.25000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 1324.58000000 0.000128865571 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 492800.00000000 EUR 582483.69000000 USD 2025-12-17 1324.58000000 N N N Federative Republic of Brazil 254900ZFY40OYEADAP90 105756BB5 1030000.00000000 PA USD 1205769.50000000 0.117306750195 Long DBT NUSS BR N 2 2034-01-20 Fixed 8.25000000 N N N N N N N/A N/A N/A 6895000.00000000 PA 16010.47000000 0.001557624574 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-09-17 5774.74000000 USD 0.00000000 USD 6895000.00000000 AUD 16010.47000000 N N N Morgan Stanley Re-REMIC Trust N/A 61759FAU5 99778.63000000 PA USD 95013.30000000 0.009243641880 Long ABS-MBS CORP US N 2 2037-02-26 Floating 3.00759480 N N N N N N N/A N/A N/A 1.00000000 NC N/A 745.22000000 0.000072500868 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 3843200.00000000 TWD 127342.61000000 USD 2025-11-19 745.22000000 N N N Venture Global Plaquemines LNG LLC 549300TKP4I6OJ02BF90 922966AB2 170000.00000000 PA USD 191986.66000000 0.018677973829 Long DBT CORP US N 2 2035-05-01 Fixed 7.75000000 N N N N N N Lumentum Holdings, Inc. 549300JLWRRC38DWEF52 55024UAJ8 797000.00000000 PA USD 916948.50000000 0.089207969377 Long DBT CORP US N 2 2032-03-15 Fixed 0.37500000 N N N N Y Lumentum Holdings, Inc. USD XXXX N N N N/A N/A N/A 775000.00000000 PA USD 49656.52000000 0.004830977220 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 100752.91000000 USD 775000.00000000 USD 49656.52000000 N N N N/A N/A N/A 190000.00000000 PA USD -1113.61000000 -0.00010834074 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 71487.50000000 USD 0.00000000 USD 190000.00000000 USD -1113.61000000 N N N N/A N/A N/A 1.00000000 NC N/A -10105.55000000 -0.00098314746 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 402253.76000000 USD 11904700.00000000 TWD 2025-11-19 -10105.55000000 N N N Axon Enterprise, Inc. 549300QP2IEEGFE16681 05464CAB7 79000.00000000 PA USD 247961.25000000 0.024123622642 Long DBT CORP US N 2 2027-12-15 Fixed 0.50000000 N N N N Y Axon Enterprise, Inc. USD XXXX N N N N/A N/A N/A 1.00000000 NC N/A 736.74000000 0.000071675867 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 274100.00000000 EUR 323982.91000000 USD 2025-12-17 736.74000000 N N N A&D Mortgage Trust 9845002EOD0CFAFA4F48 00002MAA7 2127968.46000000 PA USD 2169197.85000000 0.211036645325 Long ABS-MBS CORP US N 2 2068-09-25 Fixed 7.47200160 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381BW42 10467634.71000000 PA USD 1160533.05000000 0.112905792185 Long ABS-MBS USGA US N 2 2049-01-20 Floating 1.80007920 N N N N N N Exact Sciences Corp. 549300VM3X1FYD4N9Z14 30063PAE5 387000.00000000 PA USD 362026.86000000 0.035220823242 Long DBT CORP US N 2 2031-04-15 Fixed 1.75000000 N N N N Y Exact Sciences Corp. USD XXXX N N N Bunge Ltd. Finance Corp. 549300QHC068L40NNM71 12057AXN9 2190000.00000000 PA USD 2184222.56000000 0.212498367406 Long STIV CORP US N 2 2025-10-22 Fixed 0.00000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -1116.23000000 -0.00010859564 N/A DFE N/A N 2 Westpac Banking EN5TNI6CI43VEPAMHL14 44688.95000000 USD 60600.00000000 CAD 2025-10-15 -1116.23000000 N N N NextEra Energy Capital Holdings, Inc. UMI46YPGBLUE4VGNNT48 65339KCY4 410000.00000000 PA USD 485235.00000000 0.047207481140 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 2700000.00000000 PA USD 2578343.81000000 0.250841585592 Long DBT CORP US N 2 2029-07-15 Fixed 2.87500000 N N N N N N Magnera Corp. 549300LDQLQBT38QDY28 377320AA4 1100000.00000000 PA USD 974812.30000000 0.094837415413 Long DBT CORP US N 2 2029-11-15 Fixed 4.75000000 N N N N N N JBS USA Holding Lux SARL / JBS USA Food Co. / JBS Lux Co. SARL N/A 46590XAN6 815000.00000000 PA USD 781736.35000000 0.076053466876 Long DBT CORP LU N 2 2029-02-02 Fixed 3.00000000 N N N N N N FirstCash, Inc. 549300V2X3UU7K0DG350 33767DAD7 2803000.00000000 PA USD 2900706.97000000 0.282203611819 Long DBT CORP US N 2 2032-03-01 Fixed 6.87500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 25009.71000000 0.002433141494 N/A DFE N/A N 2 JP Morgan Chase Bank 7H6GLXDRUGQFU57RNE97 1377700.00000000 CAD 1015605.99000000 USD 2025-10-15 25009.71000000 N N N GNMA 549300M8ZYFG0OCMTT87 36202EXV6 62672.94000000 PA USD 66274.57000000 0.006447711960 Long ABS-MBS USGA US N 2 2038-11-20 Fixed 6.50000000 N N N N N N Alternative Loan Trust N/A 12668AY90 279621.79000000 PA USD 172566.07000000 0.016788585932 Long ABS-MBS CORP US N 2 2035-12-25 Floating 4.69739160 N N N N N N Ambipar Lux SARL 9845008C0E14F9BDEK55 02319WAB7 790000.00000000 PA USD 132806.90000000 0.012920500844 Long DBT CORP LU N 2 2033-02-05 Fixed 10.87500000 N N N N N N N/A N/A N/A 8955000.00000000 PA -10188.22000000 -0.00099119025 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 0.00000000 USD 20100.17000000 USD 8955000.00000000 CHF -10188.22000000 N N N N/A N/A N/A 1.00000000 NC N/A -6698.58000000 -0.00065169060 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 1826700.00000000 AUD 1202270.01000000 USD 2025-10-15 -6698.58000000 N N N Arab Republic of Egypt 529900GFIVH4086NMH82 N/A 1750000.00000000 PA USD 1817741.63000000 0.176844217166 Long DBT NUSS EG N 2 2029-03-01 Fixed 7.60030000 N N N N N N Boston Properties LP BVHHEFJI6SHNOKQT2572 10113BYQ5 3375000.00000000 PA USD 3352871.14000000 0.326193702245 Long STIV CORP US N 2 2025-11-24 None 0.00000000 N N N N N N Bausch + Lomb Corp. N/A C0787FAG7 762385.97560000 PA USD 763338.96000000 0.074263623931 Long LON CORP CA N 2 2028-09-29 Variable 8.16340000 N N N N N N N/A N/A N/A 21121500.00000000 PA 437614.67000000 0.042574600515 N/A DIR N/A N 2 UBS BFM8T61CT2L1QCEMIK50 Call Purchased N/A Swaption 1.00000000 2.00000000 AUD 2036-09-10 XXXX -682692.18000000 N N N Mattel, Inc. 549300VELLG24KHTJ564 577081BF8 1550000.00000000 PA USD 1505069.98000000 0.146425057335 Long DBT CORP US N 2 2029-04-01 Fixed 3.75000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -13056.86000000 -0.00127027413 N/A DFE N/A N 2 State Street Bank and Trust 571474TGEMMWANRLN572 3493900.00000000 AUD 2299318.12000000 USD 2025-10-15 -13056.86000000 N N N CaixaBank SA 7CUNS533WID6K7DGFI87 12803RAA2 1205000.00000000 PA USD 1253499.76000000 0.121950325677 Long DBT CORP ES N 2 2029-01-18 Fixed 6.20800000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 31398PJU4 2748237.97000000 PA USD 315596.38000000 0.030703700592 Long ABS-MBS USGSE US N 2 2040-04-25 Floating 1.92948840 N N N N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023CN3 85000.00000000 PA USD 80062.05000000 0.007789066566 Long DBT CORP US N 2 2030-02-01 Fixed 2.95000000 N N N N N N N/A N/A N/A 7681200.00000000 PA USD 394185.97000000 0.038349514657 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 -155019.83000000 N N N Petroleos del Peru SA 549300ZMGDLC9JT2OR80 N/A 350000.00000000 PA USD 304652.25000000 0.029638969460 Long DBT NUSS PE N 2 2032-06-19 Fixed 4.75000000 N N N N N N DIRECTV Financing LLC N/A 25460HAD4 2360139.51560000 PA USD 2367149.13000000 0.230294904348 Long LON CORP US N 2 2029-08-02 Variable 9.81952000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376R2Q8 16562090.88000000 PA USD 515829.63000000 0.050183967624 Long ABS-MBS USGA US N 2 2067-03-20 Variable 2.21263920 N N N N N N Hyundai Capital America 549300RIPPWJB5Z0FK07 44891ADG9 2510000.00000000 PA USD 2516090.11000000 0.244785055521 Long DBT CORP US N 2 2029-09-26 Fixed 4.55000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 203.47000000 0.000019795163 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 75700.00000000 EUR 89476.49000000 USD 2025-12-17 203.47000000 N N N Nutanix, Inc. 549300X7J6E8TKVIXW09 67059NAJ7 431000.00000000 PA USD 486255.15000000 0.047306729364 Long DBT CORP US N 2 2029-12-15 Fixed 0.50000000 N N N N N Nutanix, Inc. USD XXXX N N N Energo - Pro A/S 315700IQCL9IX158RO36 N/A 1000000.00000000 PA USD 1056454.96000000 0.102780256165 Long DBT CORP CZ N 2 2028-11-02 Fixed 11.00000000 N N N N N N JD.com, Inc. 549300HVTWB0GJZ16V92 47215PAJ5 551000.00000000 PA USD 593427.00000000 0.057733250715 Long DBT CORP KY N 2 2029-06-01 Fixed 0.25000000 N N N N N JD.com, Inc. USD XXXX N N N FNMA B1V7KEBTPIMZEU4LTD58 3136ARFT0 4798875.13000000 PA USD 699998.00000000 0.068101316647 Long ABS-MBS USGSE US N 2 2046-02-25 Fixed 6.00000000 N N N N N N Republic of Panama 549300SHS4T08CL0LP14 698299BX1 1290000.00000000 PA USD 1419774.00000000 0.138126792851 Long DBT NUSS PA N 2 2031-03-01 Fixed 7.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 96985.76000000 0.009435538318 N/A DFE N/A N 2 State Street Bank and Trust 571474TGEMMWANRLN572 5402600.00000000 CAD 3981572.72000000 USD 2025-10-15 96985.76000000 N N N DaVita, Inc. M2XHYMU3TZNEZURC6H66 23918KAW8 960000.00000000 PA USD 992472.96000000 0.096555583463 Long DBT CORP US N 2 2032-09-01 Fixed 6.87500000 N N N N N N Digital Realty Trust LP CD4SPTZ3YBTHY0C1AH38 25389JAX4 491000.00000000 PA USD 516777.50000000 0.050276183880 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 N/A N/A N/A 1.00000000 NC N/A -593.25000000 -0.00005771603 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 199773.90000000 USD 157100.00000000 CHF 2025-12-17 -593.25000000 N N N Planet Labs PBC 254900Q7PVI3HTQBRB44 72703XAA4 278000.00000000 PA USD 375995.00000000 0.036579753874 Long DBT CORP US N 2 2030-10-15 Fixed 0.50000000 N N N N N Planet Labs PBC USD XXXX N N N Federal Republic of Nigeria 549300GSBZD84TNEQ285 N/A 990000.00000000 PA USD 995511.71000000 0.096851216988 Long DBT NUSS NG N 2 2027-11-28 Fixed 6.50000000 N N N N N N Wells Fargo Commercial Mortgage Trust N/A 95002MAY5 3800482.62000000 PA USD 178829.05000000 0.017397897936 Long ABS-MBS CORP US N 2 2052-08-15 Variable 1.71004680 N N N N N N DataBank Issuer II LLC N/A 23802YAA5 688000.00000000 PA USD 689965.89000000 0.067125314002 Long ABS-O CORP US N 2 2055-09-27 Fixed 5.18000000 N N N N N N Carnival plc 4DR1VPDQMHD3N3QW8W95 N/A 745000.00000000 PA 886749.37000000 0.086269960247 Long DBT CORP GB N 2 2031-07-15 Fixed 4.12500000 N N N N N N Nexi SpA 5493000P70CQRQG8SN85 N/A 400000.00000000 PA 431181.42000000 0.041948723304 Long DBT CORP IT N 2 2028-02-24 None 0.00000000 N N N N N Nexi SpA EUR XXXX N N N FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple N/A 05974EAA8 762690.69000000 PA USD 815621.42000000 0.079350073268 Long DBT CORP MX N 2 2041-01-31 Fixed 7.25000000 N N N N N N N/A N/A N/A 808000.00000000 PA USD -9797.00000000 -0.00095312929 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 170892.00000000 USD 0.00000000 USD 808000.00000000 USD -9797.00000000 N N N Comision Federal de Electricidad 4469000001BFPONMPF32 N/A 600000.00000000 PA USD 530490.96000000 0.051610337237 Long DBT NUSS MX N 2 2033-07-26 Fixed 3.87500000 N N N N N N ArcelorMittal SA 2EULGUTUI56JI9SAL165 03938LAP9 1035000.00000000 PA USD 1163320.57000000 0.113176984077 Long DBT CORP LU N 2 2039-10-15 Fixed 7.00000000 N N N N N N N/A N/A N/A 17356300.00000000 PA USD 252443.36000000 0.024559677591 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-09-10 0.00000000 USD 0.00000000 USD 17356300.00000000 USD 252443.36000000 N N N Outfront Media Capital LLC / Outfront Media Capital Corp. N/A 69007TAB0 890000.00000000 PA USD 886239.39000000 0.086220345378 Long DBT CORP US N 2 2027-08-15 Fixed 5.00000000 N N N N N N TGNR Intermediate Holdings LLC 5493007AZNVKZ5HEMT23 77289KAA3 1264000.00000000 PA USD 1237859.85000000 0.120428752096 Long DBT CORP US N 2 2029-10-15 Fixed 5.50000000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FJK99 1554355.56000000 PA USD 230342.28000000 0.022409510523 Long ABS-MBS USGSE US N 2 2056-08-15 Floating 1.61344080 N N N N N N Fertitta Entertainment LLC N/A 31556PAB3 1151233.00220000 PA USD 1150876.12000000 0.111966290004 Long LON CORP US N 2 2029-01-29 Variable 7.41340000 N N N N N N Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC N/A 60672JAA7 1225000.00000000 PA USD 1259150.55000000 0.122500079018 Long DBT CORP US N 2 2032-04-01 Fixed 6.75000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376R2S4 13611126.28000000 PA USD 526587.25000000 0.051230553594 Long ABS-MBS USGA US N 2 2067-05-20 Variable 2.38658040 N N N N N N OneSky Flight LLC 549300PM6NEPXGG5B882 68278CAA3 1085000.00000000 PA USD 1141976.61000000 0.111100475604 Long DBT CORP US N 2 2029-12-15 Fixed 8.87500000 N N N N N N Republic of the Philippines 529900RAHBALMYIJ3T08 718286DG9 1580000.00000000 PA USD 1683167.08000000 0.163751745413 Long DBT NUSS PH N 2 2035-02-04 Fixed 5.50000000 N N N N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 780153BU5 642000.00000000 PA USD 662989.84000000 0.064500871471 Long DBT CORP LR N 2 2032-03-15 Fixed 6.25000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38378P2J6 7491142.42000000 PA USD 775588.69000000 0.075455374109 Long ABS-MBS USGA US N 2 2044-01-20 Floating 1.85007960 N N N N N N BBCMS Mortgage Trust N/A 05555PAD4 44265798.22000000 PA USD 2423627.70000000 0.235789584304 Long ABS-MBS CORP US N 2 2057-09-15 Variable 1.82165040 N N N N N N Station Casinos LLC 5493004E7Q60TX54WL62 857691AH2 1650000.00000000 PA USD 1557921.59000000 0.151566878066 Long DBT CORP US N 2 2031-12-01 Fixed 4.62500000 N N N N N N Quikrete Holdings, Inc. 5493007KIN86DIZWZT22 74839XAK5 1287066.68660000 PA USD 1289312.62000000 0.125434482659 Long LON CORP US N 2 2029-03-19 Variable 6.41340000 N N N N N N Flash Charm, Inc. N/A 45168RAT0 1168181.54000000 PA USD 1027999.76000000 0.100011910276 Long LON CORP US N 2 2028-03-02 Variable 7.79619000 N N N N N N Seagate HDD Cayman 529900BD50TRWEG1SF63 81180WBL4 199000.00000000 PA USD 573493.13000000 0.055793926898 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 Republic of Peru 254900STKLK2DBJJZ530 715638DF6 1400000.00000000 PA USD 1293670.00000000 0.125858402892 Long DBT NUSS PE N 2 2031-01-23 Fixed 2.78300000 N N N N N N N/A N/A N/A 480393500.00000000 PA USD 3444688.99000000 0.335126465591 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2030-09-17 1743696.76000000 USD 0.00000000 USD 480393500.00000000 USD 3444688.99000000 N N N Black Diamond CLO Ltd. N/A 09204UAG3 2238000.00000000 PA USD 2271057.26000000 0.220946330687 Long ABS-CBDO CORP JE N 2 2037-10-25 Floating 8.76845880 N N N N N N N/A N/A N/A 808000.00000000 PA USD -8964.17000000 -0.00087210503 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 145137.00000000 USD 0.00000000 USD 808000.00000000 USD -8964.17000000 N N N CyberArk Software Ltd. 529900YEXNDM894PWS93 23248VAC9 300000.00000000 PA USD 333869.44000000 0.032481447736 Long DBT CORP IL N 2 2030-06-15 None 0.00000000 N N N N Y CyberArk Software Ltd. USD XXXX N N N BBCMS Mortgage Trust N/A 05555AAF2 12432091.98000000 PA USD 891870.82000000 0.086768215225 Long ABS-MBS CORP US N 2 2057-05-15 Variable 1.24115400 N N N N N N Republic of the Philippines 529900RAHBALMYIJ3T08 N/A 924000.00000000 PA USD 790532.51000000 0.076909226574 Long DBT NUSS PH N 2 2047-03-29 Fixed 4.20000000 N N N N N N Cogent Communications Group LLC / Cogent Finance, Inc. N/A 19240WAB5 1320000.00000000 PA USD 1284010.86000000 0.124918685704 Long DBT CORP US N 2 2032-07-01 Fixed 6.50000000 N N N N N N WEC US Holdings, Inc. 5493002M6GRSU1IWMG57 92943LAC4 1336500.00000000 PA USD 1338444.61000000 0.130214429471 Long LON CORP US N 2 2031-01-27 Variable 6.53021000 N N N N N N MakeMyTrip Ltd. 529900DNT8HNJ7RYUO60 56087FAC8 580000.00000000 PA USD 600259.46000000 0.058397966217 Long DBT CORP MU N 2 2030-07-01 None 0.00000000 N N N N N MakeMyTrip Ltd. USD XXXX N N N GS Mortgage Securities Trust N/A 36253GAS1 1280000.00000000 PA USD 820800.00000000 0.079853886303 Long ABS-MBS CORP US N 2 2047-09-10 Variable 4.54755960 N N N N N N N/A N/A N/A 1.00000000 NC N/A 727.80000000 0.000070806114 N/A DFE N/A N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 130447.31000000 USD 198200.00000000 AUD 2025-10-15 727.80000000 N N N CrossCountry Intermediate HoldCo LLC N/A 22757VAA8 315000.00000000 PA USD 316552.86000000 0.030796754497 Long DBT CORP US N 2 2030-10-01 Fixed 6.50000000 N N N N N N FNMA or FHLMC N/A 01F0606A8 17000000.00000000 PA USD 17369646.64000000 1.689855979430 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 6.00000000 N N N N N N Coinbase Global, Inc. 5493004G3J2SC154DU06 19260QAF4 396000.00000000 PA USD 498663.00000000 0.048513862701 Long DBT CORP US N 2 2030-04-01 Fixed 0.25000000 N N N N Y Coinbase Global, Inc. USD XXXX N N N COMM Mortgage Trust N/A 12629NAH8 779628.41200000 PA USD 767286.89000000 0.074647709644 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 3486853.11000000 PA USD 1928026.14000000 0.187573562589 Long ABS-MBS CORP US N 2 2037-05-25 Floating 4.58238960 N N N N N N N/A N/A N/A 1.00000000 NC N/A 216.37000000 0.000021050177 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 11705400.00000000 HKD 1506147.26000000 USD 2025-11-19 216.37000000 N N N Romania 315700IASY927EDWBK92 N/A 1550000.00000000 PA USD 1378882.39000000 0.134148535083 Long DBT NUSS RO N 2 2031-02-14 Fixed 3.00000000 N N N N N N Spectrum Brands, Inc. 549300VU3EH2E73C1Q04 84762LAZ8 250000.00000000 PA USD 232937.50000000 0.022661993958 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 7093000.00000000 PA USD 22801.45000000 0.002218304575 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-12-17 53788.05000000 USD 0.00000000 USD 7093000.00000000 USD 22801.45000000 N N N N/A N/A N/A 588000.00000000 PA USD 68080.08000000 0.006623366188 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 104672.10000000 USD 588000.00000000 USD 68080.08000000 N N N STMicroelectronics NV 213800Z8NOHIKRI42W10 N/A 400000.00000000 PA USD 393506.63000000 0.038283423113 Long DBT CORP NL N 2 2027-08-04 None 0.00000000 N N N N Y STMicroelectronics NV EUR XXXX N N N N/A N/A N/A 1.00000000 NC N/A 1129.44000000 0.000109880815 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 420200.00000000 EUR 496671.36000000 USD 2025-12-17 1129.44000000 N N N Duke Energy Carolinas LLC MWIUSDMN17TCR56VW396 264399DK9 1185000.00000000 PA USD 1248886.41000000 0.121501502667 Long DBT CORP US N 2 2028-12-01 Fixed 6.00000000 N N N N N N N/A N/A N/A 291000.00000000 PA USD -3228.44000000 -0.00031408806 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 52270.88000000 USD 0.00000000 USD 291000.00000000 USD -3228.44000000 N N N GNMA 549300M8ZYFG0OCMTT87 38381XK39 1105461.02000000 PA USD 141452.47000000 0.013761609961 Long ABS-MBS USGA US N 2 2049-08-20 Floating 1.85007960 N N N N N N Cleveland-Cliffs, Inc. 549300TM2WLI2BJMDD86 18589GAA3 245000.00000000 PA USD 252609.70000000 0.024575860456 Long DBT CORP US N 2 2034-01-15 Fixed 7.62500000 N N N N N N Phoenix Newco, Inc. 254900PHGVI5379Z9791 71911KAE4 1310727.27000000 PA USD 1313322.51000000 0.127770353792 Long LON CORP US N 2 2028-11-15 Variable 6.66340000 N N N N N N NCL Corp. Ltd. UNZWILHE4KMRP9K2L524 62886HBW0 376000.00000000 PA USD 381170.00000000 0.037083218618 Long DBT CORP BM N 2 2030-09-15 Fixed 0.75000000 N N N N N Norwegian Cruise Line Holdings Ltd. USD XXXX N N N Verisure Midholding AB 549300496LYEZ55X1M49 N/A 3240000.00000000 PA 3837168.12000000 0.373309925414 Long DBT CORP SE N 2 2029-02-15 Fixed 5.25000000 N N N N N N Nabors Industries, Inc. 549300VFQWRKICUFNU92 62957HAQ8 665000.00000000 PA USD 619826.52000000 0.060301603869 Long DBT CORP US N 2 2031-08-15 Fixed 8.87500000 N N N N N N Peer Holding III BV N/A N/A 603527.00000000 PA USD 604848.72000000 0.058844445562 Long LON CORP NL N 2 2032-09-27 Variable 6.01652000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376VFR3 2330603.71000000 PA USD 275354.07000000 0.026788611840 Long ABS-MBS USGA US N 2 2040-02-20 Floating 1.90008000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136FCZ90 377311.75000000 PA USD 61676.12000000 0.006000338540 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 389000.00000000 PA USD 370060.56000000 0.036002404828 Long ABS-MBS CORP US N 2 2047-04-10 Variable 4.88534040 N N N N N N UBS Group AG 549300SZJ9VS8SGXAN81 902613BJ6 1058000.00000000 PA USD 1093308.78000000 0.106365685931 Long DBT CORP CH N 2 2030-02-08 Fixed 5.42800000 N N N N N N Cleveland-Cliffs, Inc. 549300TM2WLI2BJMDD86 185899AP6 573000.00000000 PA USD 579426.20000000 0.056371142660 Long DBT CORP US N 2 2032-03-15 Fixed 7.00000000 N N N N N N Kingdom of Bahrain 549300RODM1WN85LFQ95 N/A 1022000.00000000 PA USD 1103438.02000000 0.107351138147 Long DBT NUSS BH N 2 2030-05-14 Fixed 7.37500000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 31325URK4 5436861.60000000 PA USD 599153.51000000 0.058290370694 Long ABS-MBS USGSE US N 2 2043-08-15 Floating 1.46343960 N N N N N N Republic of Angola 549300QHR2R3J8JSGK83 N/A 1090000.00000000 PA USD 1043953.11000000 0.101563977767 Long DBT NUSS AO N 2 2032-04-14 Fixed 8.75000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 30711XCR3 7657874.30000000 PA USD 8065679.08000000 0.784692763416 Long ABS-MBS CORP US N 2 2028-10-25 Floating 16.22050920 N N N N N N Aviation Capital Group LLC 549300ODEK8HY3445C77 05369AAQ4 1245000.00000000 PA USD 1275834.49000000 0.124123224057 Long DBT CORP US N 2 2029-07-15 Fixed 5.37500000 N N N N N N N/A N/A N/A 107112000.00000000 PA USD -205272.58000000 -0.01997053272 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-09-17 0.00000000 USD 171779.78000000 USD 107112000.00000000 USD -205272.58000000 N N N Uber Technologies, Inc. 549300B2FTG34FILDR98 90353TAR1 264000.00000000 PA USD 281028.00000000 0.027340616423 Long DBT CORP US N 2 2028-05-15 None 0.00000000 N N N N Y Aurora Innovation, Inc. USD XXXX N N N Transocean Poseidon Ltd. N/A 89383JAA6 551250.00000000 PA USD 552357.35000000 0.053737671814 Long DBT CORP KY N 2 2027-02-01 Fixed 6.87500000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137AMKS5 149824.21000000 PA USD 1448.70000000 0.000140940941 Long ABS-MBS USGSE US N 2 2027-03-15 Fixed 4.00000000 N N N N N N Wells Fargo Commercial Mortgage Trust 549300PX4QZK7CUM8D08 94988XAC0 3287506.94760000 PA USD 397656.84000000 0.038687188217 Long ABS-MBS CORP US N 2 2050-08-15 Fixed 3.93800000 N N N N N N Ashtead Capital, Inc. 213800J1134IW58IC398 045054AJ2 1295000.00000000 PA USD 1284980.48000000 0.125013017972 Long DBT CORP US N 2 2028-05-01 Fixed 4.00000000 N N N N N N Carnival Corp. F1OF2ZSX47CR0BCWA982 143658BY7 545000.00000000 PA USD 556802.52000000 0.054170132950 Long DBT CORP PA N 2 2030-03-15 Fixed 5.75000000 N N N N N N Antero Resources Corp. APVBKPOULHUX7YZLKU17 03674XAS5 1425000.00000000 PA USD 1434336.60000000 0.139543557233 Long DBT CORP US N 2 2030-03-01 Fixed 5.37500000 N N N N N N Dominican Republic 254900EHU7Q8FGVPI369 25714PFB9 750000.00000000 PA USD 801712.50000000 0.077996904023 Long DBT NUSS DO N 2 2037-03-15 Fixed 6.95000000 N N N N N N AerCap Ireland Capital DAC / AerCap Global Aviation Trust N/A 00774MBL8 1805000.00000000 PA USD 1821960.81000000 0.177254692215 Long DBT CORP IE N 2 2029-09-10 Fixed 4.62500000 N N N N N N N/A N/A N/A 249000.00000000 PA USD 4276.31000000 0.000416033104 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American BB 6 137BEMAE8 Y Receipt of notional amount upon default event with regard to the reference instrument 2063-05-11 11219.28000000 USD 0.00000000 USD 249000.00000000 USD 4276.31000000 N N N N/A N/A N/A 1.00000000 NC N/A 9263.19000000 0.000901196053 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 3446300.00000000 EUR 4073485.24000000 USD 2025-12-17 9263.19000000 N N N Air Lease Corp. 5493004NW4M4P8TMMK63 00914AAT9 3475000.00000000 PA USD 3580184.67000000 0.348308552122 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 1490000.00000000 PA 1684118.28000000 0.163844285638 Long DBT CORP GB N 2 2031-01-31 Fixed 3.25000000 N N N N N N N/A N/A N/A 188000.00000000 PA USD 12545.47000000 0.001220522094 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 42735.14000000 USD 188000.00000000 USD 12545.47000000 N N N N/A N/A N/A 81000.00000000 PA USD -33410.11000000 -0.00325039854 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 6499.30000000 USD 81000.00000000 USD -33410.11000000 N N N Bombardier, Inc. W7L3VLU8EHQY34Z36697 097751CC3 2755000.00000000 PA USD 2882922.89000000 0.280473436499 Long DBT CORP CA N 2 2032-06-01 Fixed 7.00000000 N N N N N N Chart Industries, Inc. EM7QGKC1GYOF3LSZSL80 16115EAT4 1816507.34670000 PA USD 1828995.83000000 0.177939114349 Long LON CORP US N 2 2030-03-15 Variable 6.79235000 N N N N N N N/A N/A N/A -395350000.00000000 PA USD -590085.12000000 -0.05740812631 N/A DIR FR N 2 BNP PARIBAS NY BRANCH 549300QVEGJN81E8T563 Call Written N/A Swaption 1.00000000 3.30000000 USD 2026-02-05 XXXX 279684.88000000 N N N Republic of Indonesia 529900FWX0GRR7WG5W79 455780BX3 600000.00000000 PA USD 603264.79000000 0.058690348381 Long DBT NUSS ID N 2 2027-01-08 Fixed 4.35000000 N N N N N N N/A N/A N/A 291000.00000000 PA USD -2461.37000000 -0.00023946145 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index BBB- 13 137BERAM9 Y Receipt of notional amount upon default event with regard to the reference instrument 2072-12-16 60479.50000000 USD 0.00000000 USD 291000.00000000 USD -2461.37000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136AA5P6 4351666.48000000 PA USD 914272.94000000 0.088947669835 Long ABS-MBS USGSE US N 2 2043-01-25 Fixed 5.00000000 N N N N N N Spirit AeroSystems, Inc. ZD2NBKV6GCC3UMGBM518 85205TAR1 672000.00000000 PA USD 739901.57000000 0.071983450105 Long DBT CORP US N 2 2030-11-15 Fixed 9.75000000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46645LAY3 968000.00000000 PA USD 964360.22000000 0.093820554779 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 2080000.00000000 PA USD 2240515.12000000 0.217974950844 Long DBT CORP US N 2 2031-02-15 Fixed 7.12500000 N N N N N N Benin Government International Bond 635400Q11P6AE5A5Y230 08205QAC2 500000.00000000 PA USD 525023.44000000 0.051078413845 Long DBT NUSS BJ N 2 2041-01-23 Fixed 8.37500000 N N N N N N Commvault Systems, Inc. 65T5VRP62VXG39YFML83 204166AA0 237000.00000000 PA USD 245176.50000000 0.023852700237 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 Republic of Senegal 549300NP14ZLQGWIUZ97 N/A 260000.00000000 PA USD 188985.50000000 0.018385997356 Long DBT NUSS SN N 2 2033-05-23 Fixed 6.25000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 2423.89000000 0.000235815102 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 1792300.00000000 NOK 182059.85000000 USD 2025-12-17 2423.89000000 N N N WFRBS Commercial Mortgage Trust 5493003CHVRASC16O965 92938CAL1 1307512.95000000 PA USD 751819.95000000 0.073142963947 Long ABS-MBS CORP US N 2 2046-08-15 Variable 4.28402520 N N N N N N SoFi Technologies, Inc. 549300SW81JCMVZDDY09 83406FAA0 304.00000000 PA USD 396.19000000 0.000038544482 Long DBT CORP US N 2 2026-10-15 None 0.00000000 N N N N Y SoFi Technologies, Inc. USD XXXX N N N FNMA B1V7KEBTPIMZEU4LTD58 3136BQKJ7 11359465.29000000 PA USD 1459317.56000000 0.141973901701 Long ABS-MBS USGSE US N 2 2046-08-25 Fixed 3.00000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379LX92 4157014.44000000 PA USD 857301.09000000 0.083404999717 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 1240000.00000000 PA USD 1255494.58000000 0.122144397472 Long DBT NUSS AZ N 2 2026-03-24 Fixed 6.87500000 N N N N N N WFRBS Commercial Mortgage Trust 5493000F7E2NMQ4HIO61 92939FAY5 128000.00000000 PA USD 120208.00000000 0.011694780658 Long ABS-MBS CORP US N 2 2047-08-15 Variable 4.23399960 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136FEMW9 364213.49000000 PA USD 50414.61000000 0.004904730183 Long ABS-MBS USGSE US N 2 2035-06-25 Fixed 5.00000000 N N N N N N N/A N/A N/A 11855700.00000000 PA USD 356823.48000000 0.034714597468 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 -222920.25000000 N N N Box, Inc. 549300KQUCPD8687YS68 10316TAD6 419000.00000000 PA USD 422142.50000000 0.041069346002 Long DBT CORP US N 2 2029-09-15 Fixed 1.50000000 N N N N Y Box, Inc. USD XXXX N N N FHLMC 5493000IRODEKU3J3Q16 35564KUL1 4969000.00000000 PA USD 5542827.08000000 0.539249857997 Long ABS-MBS CORP US N 2 2042-03-25 Floating 15.35603040 N N N N N N Rocket Cos., Inc. N/A 77311WAB7 1100000.00000000 PA USD 1136700.40000000 0.110587164354 Long DBT CORP US N 2 2033-08-01 Fixed 6.37500000 N N N N N N Vistra Operations Co. LLC 549300ZH5GKBTJZ7NM23 92840VAH5 1560000.00000000 PA USD 1528481.60000000 0.148702724053 Long DBT CORP US N 2 2029-05-01 Fixed 4.37500000 N N N N N N N/A N/A N/A 210000.00000000 PA USD 23444.93000000 0.002280907376 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 36513.51000000 USD 210000.00000000 USD 23444.93000000 N N N Toronto-Dominion Bank (The) PT3QB789TSUIDF371261 89115A2V3 985000.00000000 PA USD 998928.43000000 0.097183622410 Long DBT CORP CA N 2 2026-12-11 Fixed 5.26400000 N N N N N N FNMA or FHLMC N/A 01F0526A5 99000000.00000000 PA USD 99831027.78000000 9.712348369727 Long ABS-MBS USGSE US N 2 2055-10-25 Fixed 5.50000000 N N N N N N N/A N/A N/A 6172000.00000000 PA USD -96527.58000000 -0.00939096296 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2035-09-17 0.00000000 USD 39148.42000000 USD 6172000.00000000 USD -96527.58000000 N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B5A54 777567.76000000 PA USD 87441.93000000 0.008507039396 Long ABS-MBS USGSE US N 2 2049-08-25 Floating 1.57948920 N N N N N N Tenet Healthcare Corp. 0W9AIBT6U6ADJ2I8HK17 88033GDU1 2650000.00000000 PA USD 2745595.49000000 0.267113145824 Long DBT CORP US N 2 2031-05-15 Fixed 6.75000000 N N N N N N N/A N/A N/A 808000.00000000 PA USD -7272.00000000 -0.00070747741 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 104232.00000000 USD 0.00000000 USD 808000.00000000 USD -7272.00000000 N N N Teva Pharmaceutical Finance Netherlands II BV 549300HSQCIKJAOYIT23 N/A 930000.00000000 PA 1122207.36000000 0.109177167317 Long DBT CORP NL N 2 2030-05-09 Fixed 4.37500000 N N N N N N Osaic Holdings, Inc. 549300XL60BDV6UW5C86 00791GAB3 295000.00000000 PA USD 304928.52000000 0.029665847181 Long DBT CORP US N 2 2032-08-01 Fixed 6.75000000 N N N N N N Republic of Guatemala 529900QKDFFU9UWW5315 N/A 2570000.00000000 PA USD 2723424.73000000 0.264956199737 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 281000.00000000 PA USD 373308.50000000 0.036318390003 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 N/A N/A N/A 1.00000000 NC N/A 1150.35000000 0.000111915104 N/A DFE N/A N 2 Morgan Stanley & Co. International 4PQUHN3JPFGFNF3BB653 850600.00000000 NOK 86403.01000000 USD 2025-12-17 1150.35000000 N N N Zegona Finance plc 254900B3KC1SS7T2TE92 98927UAA5 1336000.00000000 PA USD 1424616.88000000 0.138597946346 Long DBT CORP GB N 2 2029-07-15 Fixed 8.62500000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136B2XF4 11469133.59000000 PA USD 1600120.76000000 0.155672345565 Long ABS-MBS USGSE US N 2 2048-08-25 Fixed 4.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38379BYV4 2756776.33000000 PA USD 270158.57000000 0.026283152695 Long ABS-MBS USGA US N 2 2039-12-20 Fixed 4.50000000 N N N N N N Transocean Titan Financing Ltd. N/A 89386MAA6 368333.34000000 PA USD 378389.58000000 0.036812717470 Long DBT CORP KY N 2 2028-02-01 Fixed 8.37500000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 8488.73000000 0.000825850487 N/A DFE N/A N 2 Barclays Bank G5GSEF7VJP5I7OUK5573 1860326.41000000 USD 2823700.00000000 AUD 2025-10-15 8488.73000000 N N N Newell Brands, Inc. 549300LWGYFM1TVO1Z12 651229BE5 87000.00000000 PA USD 86078.49000000 0.008374393218 Long DBT CORP US N 2 2032-05-15 Fixed 6.62500000 N N N N N N Rivian Automotive, Inc. 25490004LNKJ84MFYY24 76954AAB9 440000.00000000 PA USD 456995.00000000 0.044460071602 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 COMM Mortgage Trust N/A 12591TAQ9 351784.19000000 PA USD 346146.85000000 0.033675890843 Long ABS-MBS CORP US N 2 2047-04-10 Variable 4.91857560 N N N N N N Welltower OP LLC T6IZ0MBEG5ACZDTR7D06 95041AAD0 253000.00000000 PA USD 372163.00000000 0.036206946744 Long DBT CORP US N 2 2029-07-15 Fixed 3.12500000 N N N N Y Welltower, Inc. USD XXXX N N N Acrisure LLC / Acrisure Finance, Inc. N/A 00489LAL7 1175000.00000000 PA USD 1224972.75000000 0.119174993546 Long DBT CORP US N 2 2030-11-06 Fixed 7.50000000 N N N N N N N/A N/A N/A 291000.00000000 PA USD -3104.00000000 -0.00030198155 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 52816.50000000 USD 0.00000000 USD 291000.00000000 USD -3104.00000000 N N N Republic of South Africa 378900AAFB4F17004C49 836205AW4 810000.00000000 PA USD 816152.88000000 0.079401777881 Long DBT NUSS ZA N 2 2027-09-27 Fixed 4.85000000 N N N N N N Vertex, Inc. 549300QMYW171MP1PL50 92538JAB2 252000.00000000 PA USD 257040.00000000 0.025006874921 Long DBT CORP US N 2 2029-05-01 Fixed 0.75000000 N N N N Y Vertex, Inc. USD XXXX N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137BJRY1 476468.31000000 PA USD 21639.33000000 0.002105244392 Long ABS-MBS USGSE US N 2 2044-11-15 Fixed 3.50000000 N N N N N N Strategy, Inc. 549300WQTWEJUEHXQX21 594972AR2 226000.00000000 PA USD 203119.92000000 0.019761105016 Long DBT CORP US N 2 2029-12-01 None 0.00000000 N N N N Y Strategy, Inc. USD XXXX N N N N/A N/A N/A 41853000.00000000 PA 351549.84000000 0.034201536249 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2030-09-17 0.00000000 USD 149900.44000000 USD 41853000.00000000 AUD 351549.84000000 N N N T-Mobile USA, Inc. 549300V2JRLO5DIFGE82 87264ABV6 6100000.00000000 PA USD 5923928.62000000 0.576326416288 Long DBT CORP US N 2 2029-04-15 Fixed 3.37500000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38381XBN5 1139644.55000000 PA USD 142351.29000000 0.013849054248 Long ABS-MBS USGA US N 2 2049-07-20 Floating 1.85007960 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137FYLH7 2120818.81000000 PA USD 506508.58000000 0.049277142493 Long ABS-MBS USGSE US N 2 2050-12-25 Fixed 4.50000000 N N N N N N Alimentation Couche-Tard, Inc. 549300OSW32RVX8CCZ87 01626UXA8 2030000.00000000 PA USD 2027557.30000000 0.197256737460 Long STIV CORP CA N 2 2025-10-10 Fixed 0.00000000 N N N N N N CPM Holdings, Inc. N/A 12620BAR1 992935.57280000 PA USD 991848.31000000 0.096494812593 Long LON CORP US N 2 2028-09-28 Variable 8.78021000 N N N N N N FMC Corp. CKDHZ2X64EEBQCSP7013 34410WX15 4070000.00000000 PA USD 4069448.92000000 0.395908030426 Long STIV CORP US N 2 2025-10-01 Fixed 0.00000000 N N N N N N Mid-America Apartments LP 549300FXWGE3QSYCUJ38 59524NX64 3115000.00000000 PA USD 3112796.45000000 0.302837346251 Long STIV CORP US N 2 2025-10-06 None 0.00000000 N N N N N N WFRBS Commercial Mortgage Trust N/A 92937EAH7 844000.00000000 PA USD 813341.70000000 0.079128284158 Long ABS-MBS CORP US N 2 2045-03-15 Variable 4.14613080 N N N N N N Viper Energy Partners LLC 54930010ZZ02MRGRI973 92764MAB0 340000.00000000 PA USD 345897.30000000 0.033651612654 Long DBT CORP US N 2 2035-08-01 Fixed 5.70000000 N N N N N N Playtika Holding Corp. 254900E35Z4TKA4UFG64 72814CAF5 234388.02080000 PA USD 231120.65000000 0.022485236485 Long LON CORP US N 2 2028-03-13 Variable 7.02788000 N N N N N N Kodiak Gas Services LLC 549300ZQBRWEUOVOM131 50012LAE4 435000.00000000 PA USD 446910.86000000 0.043479007068 Long DBT CORP US N 2 2035-10-01 Fixed 6.75000000 N N N N N N Verde Purchaser LLC 2549004HFEKMUGBG3Z35 92338TAB2 197319.76540000 PA USD 195607.03000000 0.019030191927 Long LON CORP US N 2 2030-11-30 Variable 8.00150000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -2743.13000000 -0.00026687328 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 736600.00000000 AUD 484762.35000000 USD 2025-10-15 -2743.13000000 N N N Southern Co. (The) 549300FC3G3YU2FBZD92 842587DS3 1775000.00000000 PA USD 1846425.06000000 0.179634767066 Long DBT CORP US N 2 2029-03-15 Fixed 5.50000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136ANRR0 588056.36000000 PA USD 80196.19000000 0.007802116761 Long ABS-MBS USGSE US N 2 2045-05-25 Fixed 5.50000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380QEG3 37191966.46000000 PA USD 2645501.77000000 0.257375240687 Long ABS-MBS USGA US N 2 2070-07-20 Variable 1.60671960 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647BS5 625000.00000000 PA USD 648143.75000000 0.063056526950 Long DBT CORP US N 2 2030-12-15 Fixed 6.87500000 N N N N N N N/A N/A N/A 25226900.00000000 PA 168647.76000000 0.016407381886 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 -796069.24000000 N N N N/A N/A N/A -168.00000000 NC USD -176105.16000000 -0.01713289647 N/A DIR US N 1 CME Clearing House LCZ7XYGSLJUHFXXNXD88 Short United States of America U.S. Treasury 10 Year Ultra Notes 2025-12-19 -19333125.00000000 USD -176105.16000000 N N N Affirm Holdings, Inc. N/A 00827BAC0 339000.00000000 PA USD 369001.50000000 0.035899371133 Long DBT CORP US N 2 2029-12-15 Fixed 0.75000000 N N N N Y Affirm Holdings, Inc. USD XXXX N N N Northwoods Capital 22 Ltd. N/A 66858HBG0 2200000.00000000 PA USD 2236029.52000000 0.217538556360 Long ABS-CBDO CORP KY N 2 2031-09-16 Floating 8.97063840 N N N N N N Solstice Advanced Materials, Inc. 2138004GZ4H9TW6HK435 83443QAA1 530000.00000000 PA USD 532082.30000000 0.051765155321 Long DBT CORP US N 2 2033-09-30 Fixed 5.62500000 N N N N N N CACI International, Inc. SYRPI2D1O9WRTS2WX210 127190AE6 990000.00000000 PA USD 1022472.64000000 0.099474188526 Long DBT CORP US N 2 2033-06-15 Fixed 6.37500000 N N N N N N Watco Cos. LLC / Watco Finance Corp. N/A 941130AD8 250000.00000000 PA USD 258978.77000000 0.025195493731 Long DBT CORP US N 2 2032-08-01 Fixed 7.12500000 N N N N N N Benchmark Mortgage Trust N/A 08163UAD1 37202553.35000000 PA USD 1671380.51000000 0.162605055086 Long ABS-MBS CORP US N 2 2057-09-15 Variable 1.52238960 N N N N N N Republic of Bulgaria 529900PG0XCL4LICL838 N/A 740000.00000000 PA 499528.30000000 0.048598045898 Long DBT NUSS BG N 2 2050-09-23 Fixed 1.37500000 N N N N N N UDR, Inc. P3CH2EG5X6Z1XWU1OO74 90352PXF1 2475000.00000000 PA USD 2470595.74000000 0.240359005023 Long STIV CORP US N 2 2025-10-15 None 0.00000000 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RX68 12117969.01000000 PA USD 501490.03000000 0.048788898437 Long ABS-MBS USGA US N 2 2067-02-20 Variable 2.25002880 N N N N N N Clean Harbors, Inc. 5493000SJVZVZJKHJF48 18449EAJ9 1318143.46000000 PA USD 1324734.18000000 0.128880570896 Long LON CORP US N 2 2032-09-24 Variable 5.25904000 N N N N N N American Home Mortgage Investment Trust N/A 026932AC7 2566194.49000000 PA USD 1513080.62000000 0.147204395464 Long ABS-MBS CORP US N 2 2047-05-25 Floating 4.46239080 N N N N N N JH North America Holdings, Inc. 254900A6FXA0D81TL967 46593WAA3 80000.00000000 PA USD 81296.37000000 0.007909150934 Long DBT CORP US N 2 2031-01-31 Fixed 5.87500000 N N N N N N Ascendis Pharma A/S 549300B66JN3W3J8GH73 04351PAD3 209000.00000000 PA USD 285023.75000000 0.027729354442 Long DBT CORP DK N 2 2028-04-01 Fixed 2.25000000 N N N N N Ascendis Pharma A/S USD XXXX N N N Nova Ltd. 529900B2DSWE5V3SC292 66982MAA2 281000.00000000 PA USD 338504.95000000 0.032932426645 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 1017337.88000000 PA USD 1016746.81000000 0.098917134703 Long ABS-MBS CORP US N 2 2055-07-25 Floating 5.60603160 N N N N N N N/A N/A N/A 31866700.00000000 PA 181525.44000000 0.017660223985 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 -450985.51000000 N N N Vistra Operations Co. LLC 549300ZH5GKBTJZ7NM23 92840VAR3 1285000.00000000 PA USD 1344889.70000000 0.130841458569 Long DBT CORP US N 2 2032-04-15 Fixed 6.87500000 N N N N N N Alternative Loan Trust N/A 12667GZ30 368689.66000000 PA USD 337992.78000000 0.032882598715 Long ABS-MBS CORP US N 2 2035-09-25 Floating 4.97238840 N N N N N N J.P. Morgan Chase Commercial Mortgage Securities Trust N/A 46639YAX5 239000.00000000 PA USD 18229.01000000 0.001773461613 Long ABS-MBS CORP US N 2 2046-04-15 Variable 4.33915920 N N N N N N Volkswagen Group of America Finance LLC 5493002SQ1AVQBY41K40 928668BN1 1380000.00000000 PA USD 1304670.16000000 0.126928585063 Long DBT CORP US N 2 2027-11-24 Fixed 1.62500000 N N N N N N N/A N/A N/A 540000.00000000 PA USD -67434.76000000 -0.00656058437 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 174615.76000000 USD 0.00000000 USD 540000.00000000 USD -67434.76000000 N N N Veritiv Operating Co. 5493004G8OK5L1UTIY12 92339LAA0 435000.00000000 PA USD 467397.92000000 0.045472149563 Long DBT CORP US N 2 2030-11-30 Fixed 10.50000000 N N N N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023CM5 1060000.00000000 PA USD 1038784.59000000 0.101061143449 Long DBT CORP US N 2 2027-02-01 Fixed 2.70000000 N N N N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023DQ5 2255000.00000000 PA USD 2393753.98000000 0.232883233621 Long DBT CORP US N 2 2029-05-01 Fixed 6.29800000 N N N N N N N/A N/A N/A 808000.00000000 PA USD -6834.33000000 -0.00066489743 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index BBB- 13 137BERAM9 Y Receipt of notional amount upon default event with regard to the reference instrument 2072-12-16 167929.33000000 USD 0.00000000 USD 808000.00000000 USD -6834.33000000 N N N Republic of Armenia 5299000H77JSW90G7935 N/A 850000.00000000 PA USD 767840.93000000 0.074701611017 Long DBT NUSS AM N 2 2031-02-02 Fixed 3.60000000 N N N N N N Boots Group Bidco Ltd. N/A 09947PAB7 117295.23000000 PA USD 117759.13000000 0.011456535304 Long LON CORP GB N 2 2032-08-30 Variable 7.70496000 N N N N N N EquipmentShare.com, Inc. 254900PWJK48CGPKPI80 29450YAA7 1180000.00000000 PA USD 1250178.14000000 0.121627172332 Long DBT CORP US N 2 2028-05-15 Fixed 9.00000000 N N N N N N FNMA B1V7KEBTPIMZEU4LTD58 3136FKAB4 8883.64000000 PA USD 1796.34000000 0.000174762098 Long ABS-MBS USGSE US N 2 2039-11-25 Fixed 5.50000000 N N N N N N Waystar Technologies, Inc. 549300BIRBTAWWHCSZ09 63939WAN3 587895.48300000 PA USD 588997.79000000 0.057302342294 Long LON CORP US N 2 2029-10-22 Variable 6.31599000 N N N N N N N/A N/A N/A 1.00000000 NC N/A -4324.70000000 -0.00042074086 N/A DFE N/A N 2 JP Morgan Chase Bank 7H6GLXDRUGQFU57RNE97 585798.02000000 USD 85555900.00000000 JPY 2025-11-19 -4324.70000000 N N N N/A N/A N/A 44000.00000000 PA USD 2936.17000000 0.000285653734 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 10001.84000000 USD 44000.00000000 USD 2936.17000000 N N N Targa Resources Corp. 5493003QENHHS261UR94 87613EX18 3965000.00000000 PA USD 3964492.88000000 0.385697080518 Long STIV CORP US N 2 2025-10-01 None 0.00000000 N N N N N N N/A N/A N/A 9995000.00000000 PA -10266.29000000 -0.00099878551 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-12-17 0.00000000 USD 4389.55000000 USD 9995000.00000000 EUR -10266.29000000 N N N N/A N/A N/A 2734000.00000000 PA USD 68023.11000000 0.006617823698 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 155837.73000000 USD 2734000.00000000 USD 68023.11000000 N N N N/A N/A N/A 8703000.00000000 PA -24496.50000000 -0.00238321238 N/A DIR GB N 2 LCH Clearnet 549300TXTCI7WVVJS380 Y 2027-12-17 1163.40000000 USD 0.00000000 USD 8703000.00000000 AUD -24496.50000000 N N N N/A N/A N/A 1.00000000 NC N/A 1234.54000000 0.000120105770 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 459300.00000000 EUR 542887.09000000 USD 2025-12-17 1234.54000000 N N N GNMA 549300M8ZYFG0OCMTT87 38379AYU8 4695449.91000000 PA USD 509106.03000000 0.049529842879 Long ABS-MBS USGA US N 2 2044-03-20 Floating 1.85007960 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38380UMS9 3030296.76000000 PA USD 689410.69000000 0.067071299775 Long ABS-MBS USGA US N 2 2047-12-20 Fixed 5.00000000 N N N N N N Ukraine 6354001WLTJXOMEXPY07 903724CA8 355122.00000000 PA USD 200348.21000000 0.019491451245 Long DBT NUSS UA N 2 2034-02-01 Fixed 4.50000000 N N N N N N Cloudflare, Inc. 5493007DY18BGNLDWU14 18915MAE7 541000.00000000 PA USD 615658.00000000 0.059896057424 Long DBT CORP US N 2 2030-06-15 None 0.00000000 N N N N N Cloudflare, Inc. USD XXXX N N N Euronext NV 724500QJ4QSZ3H9QU415 N/A 600000.00000000 PA 697856.41000000 0.067892965911 Long DBT CORP NL N 2 2032-05-30 Fixed 1.50000000 N N N N N Euronext NV EUR XXXX N N N FHLMC Multifamily Structured Credit Risk 549300FK6HM4FW58SP67 35563GAB5 4501000.00000000 PA USD 4679702.30000000 0.455278283865 Long ABS-MBS CORP US N 2 2051-11-25 Floating 8.35602840 N N N N N N Wayfair, Inc. 54930027N9ZAVYFDHK53 94419LAP6 223000.00000000 PA USD 340359.84000000 0.033112884948 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 1.00000000 NC N/A 1617.66000000 0.000157378700 N/A DFE N/A N 2 Citibank MBNUM2BPBDO7JBLYG310 30838700.00000000 JPY 211210.23000000 USD 2025-11-19 1617.66000000 N N N N/A N/A N/A 1616000.00000000 PA USD -4578.67000000 -0.00044544906 N/A DCR GB N 2 GOLDMAN SACHS INTL W22LROWP2IHZNBB6K528 Markit CMBX North American Index BBB- 11 137BERAK3 Y Receipt of notional amount upon default event with regard to the reference instrument 2054-11-18 198498.67000000 USD 0.00000000 USD 1616000.00000000 USD -4578.67000000 N N N GNMA 549300M8ZYFG0OCMTT87 38380LJS3 35118979.42960000 PA USD 1878549.33000000 0.182760068972 Long ABS-MBS USGA US N 2 2068-08-20 Variable 0.84292920 N N N N N N SG Commercial Mortgage Securities Trust 549300SZQW4U3UN4A157 78419CAD6 2390000.00000000 PA USD 2354212.38000000 0.229036315455 Long ABS-MBS CORP US N 2 2048-10-10 Fixed 3.05500000 N N N N N N TransDigm, Inc. 88Q84GB3X55CF5OC7582 893647BV8 405000.00000000 PA USD 417471.98000000 0.040614961044 Long DBT CORP US N 2 2032-03-01 Fixed 6.62500000 N N N N N N N/A N/A N/A 6129800.00000000 PA USD 73361.70000000 0.007137203765 N/A DIR US N 2 CITIBANK NA E57ODZWZ7FF32TWEFA76 Put Purchased N/A Swaption 1.00000000 4.60750000 USD 2026-05-26 XXXX -149150.04000000 N N N FHLMC 5493007222WHFWMBOC78 35563KBE9 111000.00000000 PA USD 137136.15000000 0.013341684369 Long ABS-MBS CORP US N 2 2049-01-25 Floating 15.22050840 N N N N N N OBX Trust 254900T4WKE0IYMYAI09 673924AP1 215296.61000000 PA USD 215653.03000000 0.020980424632 Long ABS-MBS CORP US N 2 2065-07-25 Floating 5.55603120 N N N N N N Kingdom of Morocco 529900F3MBW9XY5K1X07 N/A 539000.00000000 PA USD 517367.38000000 0.050333572051 Long DBT NUSS MA N 2 2042-12-11 Fixed 5.50000000 N N N N N N Morgan Stanley Capital I Trust N/A 61772TBN3 6094171.52000000 PA USD 250729.45000000 0.024392934933 Long ABS-MBS CORP US N 2 2054-10-15 Variable 1.18894680 N N N N N N Caesars Entertainment, Inc. 549300FA4CTCW903Y781 12769GAB6 1684000.00000000 PA USD 1733244.22000000 0.168623643859 Long DBT CORP US N 2 2030-02-15 Fixed 7.00000000 N N N N N N FHLMC 5493000ITGOA1OPGRQ72 35565WBE1 239000.00000000 PA USD 311957.90000000 0.030349720611 Long ABS-MBS CORP US N 2 2050-06-25 Floating 13.82051160 N N N N N N Alternative Loan Trust N/A 02146QAC7 2810962.65000000 PA USD 2507747.48000000 0.243973418792 Long ABS-MBS CORP US N 2 2046-08-25 Floating 4.65239160 N N N N N N Citigroup Mortgage Loan Trust, Inc. 549300R1KUK063S4I339 17312EAC0 793434.87000000 PA USD 696389.93000000 0.067750295191 Long ABS-O CORP US N 2 2037-03-25 Floating 4.45239000 N N N N N N JPMBB Commercial Mortgage Securities Trust N/A 46643ABK8 241000.00000000 PA USD 234058.86000000 0.022771088687 Long ABS-MBS CORP US N 2 2047-09-15 Variable 4.68786960 N N N N N N GNMA 549300M8ZYFG0OCMTT87 38376RHE9 16010404.35000000 PA USD 359033.32000000 0.034929588102 Long ABS-MBS USGA US N 2 2065-09-20 Variable 1.76644080 N N N N N N CSC Holdings LLC 3HG2WD2W22M120IUNG49 64072UAK8 1555312.49670000 PA USD 1508653.12000000 0.146773653405 Long LON CORP US N 2 2027-04-15 Variable 8.75000000 N N N N N N N/A N/A N/A 119000.00000000 PA USD 7941.01000000 0.000772563973 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 27050.43000000 USD 119000.00000000 USD 7941.01000000 N N N Morgan Stanley Capital I Trust N/A 61767YBE9 1592437.00000000 PA USD 1483550.46000000 0.144331469003 Long ABS-MBS CORP US N 2 2051-07-15 Variable 4.99520520 N N N N N N UKG, Inc. 529900FKHWSTQ1GXK240 89841EAB1 1301850.00000000 PA USD 1302025.75000000 0.126671316038 Long LON CORP US N 2 2031-02-10 Variable 6.80996000 N N N N N N FHLMC S6XOOCT0IEG5ABCC6L87 3137ALYB9 2098964.46000000 PA USD 278928.66000000 0.027136376099 Long ABS-MBS USGSE US N 2 2042-01-15 Fixed 4.50000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 18528.40000000 0.001802588629 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 578900.00000000 NZD 354314.01000000 USD 2025-10-15 18528.40000000 N N N Oriental Republic of Uruguay 549300RDR012H2V82H43 760942BA9 500000.00000000 PA USD 474625.00000000 0.046175256806 Long DBT NUSS UY N 2 2050-06-18 Fixed 5.10000000 N N N N N N N/A N/A N/A 1.00000000 NC N/A 392.43000000 0.000038178680 N/A DFE N/A N 2 HSBC Bank MP6I5ZYZBEU3UXPYFY54 146000.00000000 EUR 172570.25000000 USD 2025-12-17 392.43000000 N N N Waste Pro USA, Inc. 549300BY1QXU5BI3UF28 94107JAC7 2150000.00000000 PA USD 2232338.55000000 0.217179469739 Long DBT CORP US N 2 2033-02-01 Fixed 7.00000000 N N N N N N Kodiak Gas Services LLC 549300ZQBRWEUOVOM131 50012LAD6 485000.00000000 PA USD 494118.41000000 0.048071729206 Long DBT CORP US N 2 2033-10-01 Fixed 6.50000000 N N N N N N Ford Motor Credit Co. LLC UDSQCVRUX5BONN0VY111 345397A86 940000.00000000 PA USD 924813.43000000 0.089973131689 Long DBT CORP US N 2 2027-08-17 Fixed 4.12500000 N N N N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 780153BV3 1403000.00000000 PA USD 1439310.79000000 0.140027485598 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 1560000.00000000 PA USD 1513313.41000000 0.147227043108 Long DBT CORP US N 2 2030-02-15 Fixed 4.25000000 N N N N N N Eskom Holdings SOC Ltd. 3789001900ED06F65111 N/A 230000.00000000 PA USD 236985.88000000 0.023055852238 Long DBT NUSS ZA N 2 2028-08-10 Fixed 6.35000000 N N N N N N 2025-10-30 Putnam Diversified Income Trust Monica Krogh Monica Krogh Assistant Treasurer