COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 1CB 2A2

NPORT-P false 0000908187 XXXXXXXX PCM Fund, Inc. 811-07816 0000908187 FZICY1WZ0I8IZ2XD3R19 1633 Broadway New York 10019 (844) 337-4626 N/A N/A 2026-06-30 2026-03-31 N 121133618.440000 50789227.620000 70344390.820000 0.000000 0.000000 43253039.120000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 2348643.700000 USD N COUNTRYWIDE ALT LN TRUST 2005-1CB N/A COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 1CB 2A2 12667F2R5 369936.150000 PA USD 147800.220000 0.21011 Long ABS-MBS CORP US N 2 2035-03-25 Fixed 5.5 N N N N N N SOHO TRUST 2021-SOHO N/A SOHO TRUST 2021 SOHO SOHO 2021 SOHO A 144A 83410JAA6 450000.000000 PA USD 373204.080000 0.530539 Long ABS-MBS CORP US N 2 2038-08-10 Variable 2.69659 N N N N N N AIM AVIATION FINANCE LIMITED 2015-1A N/A DCAL AVIATION FINANCE LIMITED DCAL 2015 1A A1 144A 001406AA5 432491.670000 PA USD 424429.200000 0.603359 Long ABS-O CORP KY N 2 2040-02-15 Variable 6.213 N N N N N N EUC (MODENA BUYER LLC) 254900B0G2IU0VBDOY26 MODENA BUYER LLC TERM LOAN 60753DAC8 493750.000000 PA USD 444853.940000 0.632394 Long LON CORP US N 2 2031-07-01 Floating 7.9168 N N N N N N COUNTRYWIDE HOME LOANS 2005-1 N/A COUNTRYWIDE HOME LOANS CWHL 2005 1 1A1 12669GRM5 51325.250000 PA USD 44852.360000 0.0637611 Long ABS-MBS CORP US N 2 2035-03-25 Floating 4.43303 N N N N N N DBGS 2021-W52 MORTGAGE TRUST N/A DBGS MORTGAGE TRUST DBGS 2021 W52 XCP 144A 23308LAC8 147870000.000000 PA USD 162.660000 0.0002312 Long ABS-MBS CORP US N 2 2039-10-15 Variable 0 N N N N N N ENTERTAINMENT PARTNERS (EP PURCHASER LLC) 549300GGODRVQG1GH476 EP PURCHASER LLC 2023 TERM LOAN 26881KAD6 85706.510000 PA USD 54584.330000 0.0775959 Long LON CORP US N 2 2028-11-06 Floating 8.2872 N N N N N N IHEARTMEDIA INC N/A IHEARTMEDIA INC CLASS B COMMON STOCK 45174J608 20009.000000 NS USD 51415.130000 0.0730906 Long EC CORP US N 3 N N N EQUINITI (ARMOR HOLDCO INC) 254900X6HLK0YPTHHF09 ARMOR HOLDCO INC COMPANY GUAR 144A 11/29 8.5 04625PAA9 200000.000000 PA USD 182833.440000 0.259912 Long DBT CORP US N 2 2029-11-15 Fixed 8.5 N N N N N N BANC OF AMERICA FUNDING CORP 2007-2 N/A BANC OF AMERICA FUNDING CORPOR BAFC 2007 2 TA1B 05951GAB8 23496.100000 PA USD 26783.670000 0.0380751 Long ABS-MBS CORP US N 2 2037-03-25 Variable 5.8058 N N N N N N WESTMORELAND MINING HOLDINGS LLC N/A WESTMORELAND COAL CO PIK TERM LOAN 96106JAE9 263244.950000 PA USD 114511.550000 0.162787 Long LON CORP US N 3 2029-03-15 Fixed 7.92351 N N Y N N N WASHINGTON MUTUAL ALTERNATIVE MORTGAGE PASS-THROUGH CERTIFICATES 2006-6 N/A WASHINGTON MUTUAL MORTGAGE PAS WMALT 2006 6 1CB1 93935GAA7 506316.770000 PA USD 448006.240000 0.636876 Long ABS-MBS CORP US N 2 2036-08-25 Fixed 6.5 N N N N N N N/A N/A BNP PARIBASBNPP SA REPO - 23Jul26 000000000 -394331.000000 PA USD -397731.010000 -0.565405 Short RA US N 2 Reverse repurchase N 4.850000 2026-07-23 938548.000000 USD 528186.000000 USD PLCMO N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -175100.000000 PA USD -177224.060000 -0.251938 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 200000.000000 USD 195546.560000 USD CDS N N N JETBLUE AIRWAYS CORP / JETBLUE LOYALTY LP N/A JETBLUE AIRWAYS/LOYALTY SR SECURED 144A 09/31 9.875 476920AA1 400000.000000 PA USD 378567.340000 0.538163 Long DBT CORP US N 2 2031-09-20 Fixed 9.875 N N N N N N N/A N/A THE BANK OF NYDBAG LONDON GLOB REPO - 12Jun26 000000000 -694000.000000 PA USD -695637.490000 -0.988903 Short RA US N 2 Reverse repurchase N 4.470630 2026-06-12 1000000.000000 USD 860164.000000 USD PLCMO N N N MORGAN STANLEY RESECURITIZATION TRUST 2014-R3 N/A MORGAN STANLEY REREMIC TRUST MSRR 2014 R3 3B 144A 61763PAU7 1443626.840000 PA USD 1248323.180000 1.77459 Long ABS-MBS CORP US N 2 2037-03-26 Floating 4.4919 N N N N N N N/A N/A WEST MARINE NEW WARRANT WARRWM911 000000000 357.000000 NC USD 0.000000 0 N/A DE US N 3 None N/A Call Purchased MARINE ONE HOLDCO LLC WEST MARINE NEW COMMON STOCK N/A 0.010000 USD 2028-09-11 XXXX 0.000000 N N N FREDDIE MAC REMICS 4988 N/A FREDDIE MAC FHR 4988 LI 3137FUQK3 3437405.730000 PA USD 796531.120000 1.13233 Long ABS-MBS USGSE US N 2 2050-07-25 Fixed 4 N N N N N N CHL MORTGAGE PASS-THROUGH TRUST 2006-TM1 N/A COUNTRYWIDE HOME LOANS CWHL 2006 TM1 A1 126694U97 168939.290000 PA USD 147438.470000 0.209595 Long ABS-MBS CORP US N 2 2046-03-25 Floating 5.66303 N N N N N N MERRILL LYNCH MORTGAGE INVESTORS 2003-A4 N/A MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A4 3A 589929W87 5192.610000 PA USD 5131.710000 0.0072951 Long ABS-MBS CORP US N 2 2033-05-25 Floating 7.00003 N N N N N N UNITI GROUP INC 549300V3NU625PJUVA84 NEW UNITY COMMON STOCKK 958WDX907 52170.000000 NS USD 489354.600000 0.695655 Long EC CORP US N 2 N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 08Apr26 000000000 -265837.500000 PA USD -266301.610000 -0.378568 Short RA US N 2 Reverse repurchase N 4.190000 2026-04-08 300000.000000 USD 309884.100000 USD CDS N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -308000.000000 PA USD -311736.210000 -0.443157 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 400000.000000 USD 373926.960000 USD CDS N N N REALPAGE INC 5493001RSFZX4122A604 REALPAGE, INC. 1ST LIEN TERM LOAN 75605VAD4 314241.660000 PA USD 301759.980000 0.428975 Long LON CORP US N 2 2028-04-24 Floating 6.9612 N N N N N N GLGU-2021-1A N/A MAN GLG US CLO 2021 1 LTD GLGU 2021 1A SUB 144A 56166XAC3 600000.000000 PA USD 213187.400000 0.303062 Long ABS-CBDO CORP KY N 2 2034-07-15 Variable 0 N N N N N N CITIGROUP MTGE LOAN TR INC 2007-AMC1 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AMC1 A1 144A 17311BAS2 925241.660000 PA USD 520697.600000 0.740212 Long ABS-MBS CORP US N 2 2036-12-25 Floating 4.11303 N N N N N N N/A N/A DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26 000000000 -684072.820000 PA USD -685696.920000 -0.974771 Short RA US N 2 Reverse repurchase N 4.070000 2026-04-13 3437405.730000 USD 796531.120000 USD AMBS N N N FREDDIE MAC MILITARY HOUSING BONDS RESEC TRUST 2015-R1 N/A FREDDIE MAC MILITARY HOUSING B FMMHR 2015 R1 XA1 144A 35563CAB4 5720107.510000 PA USD 341511.010000 0.485484 Long ABS-MBS USGSE US N 2 2055-11-25 Variable 0.7 N N N N N N YAHOO (AKA: AP CORE HOLDINGS II LLC) 549300PND8ZZ4RWYRZ56 AP CORE HOLDINGS II LLC HIGH YIELD TERM LOAN B2 00187GAD1 1130000.000000 PA USD 1104399.850000 1.56999 Long LON CORP US N 2 2027-09-01 Floating 9.4284 N N N N N N NEWFOLD DIGITAL HOLDINGS GROUP INC 549300UTQC2651SB0W88 NEWFOLD DIGITAL HLDGS GRP INC. 2025 NEW MONEY TRANCHE A TL 65131PAB5 20703.730000 PA USD 15734.830000 0.0223683 Long LON CORP US N 3 2029-04-30 Floating 9.4191 N N N N N N N/A N/A DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26 000000000 -143403.990000 PA USD -143744.460000 -0.204344 Short RA US N 2 Reverse repurchase N 4.070000 2026-04-13 1246642.140000 USD 166877.640000 USD AMBS N N N N/A N/A UBS SECURITIES LLC REPO - 10Sep26 000000000 -733150.000000 PA USD -735251.290000 -1.04522 Short RA US N 2 Reverse repurchase N 4.690000 2026-09-10 1100000.000000 USD 946784.300000 USD PLCMO N N N BEIGNET INVESTOR LLC N/A BEIGNET INVESTOR LLC SR SECURED 144A 05/49 6.581 076912AA2 960000.000000 PA USD 987773.230000 1.4042 Long DBT CORP US N 2 2049-05-30 Fixed 6.581 N N N N N N PERATON CORP 549300EQPCK07ZW63836 PERATON CORP TERM LOAN B 71360HAB3 1260035.590000 PA USD 1078382.560000 1.533 Long LON CORP US N 2 2028-02-01 Floating 7.5168 N N N N N N JP MORGAN MORTGAGE TRUST 2007-A1 N/A JP MORGAN MORTGAGE TRUST JPMMT 2007 A1 4A1 46630GAM7 5139.050000 PA USD 5175.140000 0.0073569 Long ABS-MBS CORP US N 2 2035-07-25 Floating 6.17807 N N N N N N N/A N/A UBS SECURITIES LLC REPO - 08Apr26 000000000 -900790.540000 PA USD -910883.900000 -1.29489 Short RA US N 2 Reverse repurchase N 4.860000 2026-04-08 3177391.670000 USD 1208940.970000 USD PLCMO N N N IVANTI SOFTWARE INC 254900GHAXAYKWDX9F60 IVANTI SOFTWARE INC 2025 1ST LIEN TERM LOAN 46583DAH2 1159975.540000 PA USD 787246.400000 1.11913 Long LON CORP US N 2 2029-06-01 Floating 8.4108 N N N N N N N/A N/A MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26 000000000 -295298.120000 PA USD -295607.850000 -0.420229 Short RA US N 2 Reverse repurchase N 4.720000 2026-09-24 824855.080000 USD 352414.630000 USD PLCMO N N N INSULET CORPORATION 549300TZTYD2PYN92D43 INSULET CORPORATION SR UNSECURED 144A 04/33 6.5 45784PAL5 100000.000000 PA USD 102143.700000 0.145205 Long DBT CORP US N 2 2033-04-01 Fixed 6.5 N N N N N N DEUTSCHE BANK AG 25-2A N/A CRAFT LTD CRFT 2025 2A CLN 144A ACI2Y11S9 500000.000000 PA USD 502512.000000 0.71436 Long ABS-CBDO CORP DE N 3 2035-01-21 Floating 10.9192 N N N N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 04Jun26 000000000 -288765.440000 PA USD -289675.050000 -0.411795 Short RA US N 2 Reverse repurchase N 4.050000 2026-06-04 300000.000000 USD 298089.280000 USD CDS N N N N/A N/A RFR USD SOFR/3.50000 12/20/23-10Y LCH 000000000 1.000000 NC USD 32170.460000 0.0457328 N/A DIR US N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 N/A USD-SOFR-COMPOUND Y 2033-12-20 54174.600000 USD 0.000000 USD 1800000.000000 USD -22004.140000 N N N DISH NETWORK CORPORATION 529900U350CWHH15G169 DISH NETWORK CORP SR SECURED 144A 11/27 11.75 25470MAG4 800000.000000 PA USD 824632.000000 1.17228 Long DBT CORP US N 2 2027-11-15 Fixed 11.75 N N N N N N DRYDEN 123 CLO LTD 2025-123A N/A DRYDEN SENIOR LOAN FUND DRSLF 2025 123A SUB 144A 26253PAC7 600000.000000 PA USD 457682.720000 0.650631 Long ABS-CBDO CORP KY N 2 2038-04-15 Variable 0 N N N N N N RHP HOTEL PROPERTIES LP / RHP FINANCE CORP N/A RHP HOTEL PPTY/RHP FINAN COMPANY GUAR 144A 06/33 6.5 749571AL9 100000.000000 PA USD 101898.600000 0.144857 Long DBT CORP US N 2 2033-06-15 Fixed 6.5 N N N N N N N/A N/A RFRF USD SF+26.161/1.6* 7/16/23-27Y* CME 000000000 1.000000 NC USD 173941.360000 0.247271 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2050-01-16 0.000000 USD -276.150000 USD 400000.000000 USD 174217.510000 N N N CITIGROUP/DEUTSCHE BK COMM MTGE 2006-CD3 N/A CD COMMERCIAL MORTGAGE TRUST CD 2006 CD3 AJ 14986DAJ9 43362.830000 PA USD 40982.050000 0.0582592 Long ABS-MBS CORP US N 2 2048-10-15 Fixed 5.688 N N N N N N MLCC MORTGAGE INVESTORS INC 2004-E N/A MLCC MORTGAGE INVESTORS INC MLCC 2004 E A1 59020UJP1 19804.620000 PA USD 17357.970000 0.0246757 Long ABS-MBS CORP US N 2 2029-11-25 Floating 4.45303 N N N N N N WESTMET GROUP HOLDINGS LLC N/A EQTYWM927 WESTMORELAND MINING 952XGJII0 16748.120000 NS USD 71179.510000 0.101187 Long EC CORP US Y 3 N N N MORGAN STANLEY ABS CAPITAL I 2006-HE8 N/A MORGAN STANLEY CAPITAL INC MSAC 2006 HE8 A2C 61750SAE2 7628439.880000 PA USD 3328504.970000 4.73173 Long ABS-MBS CORP US N 2 2036-10-25 Floating 3.93303 N N N N N N US RENAL CARE INC 54930058SS5MF69JGN89 U S RENAL CARE INC 2025 DELAYED DRAW TERM LOAN BA000SL28 43750.000000 PA USD 44571.720000 0.0633622 Long LON CORP US N 3 2030-09-25 Floating 9.675 N N N N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 13May26 000000000 -98822.910000 PA USD -99360.500000 -0.141249 Short RA US N 2 Reverse repurchase N 4.080000 2026-05-13 100000.000000 USD 96468.590000 USD CDS N N N US RENAL CARE INC 54930058SS5MF69JGN89 US RENAL CARE INC SR SECURED 144A 06/28 10.625 90355YAA5 249200.000000 PA USD 208082.000000 0.295805 Long DBT CORP US N 2 2028-06-28 Fixed 10.625 N N N N N N BEAR STEARNS ALT-A TRUST 2004-9 N/A BEAR STEARNS ALT A TRUST BALTA 2004 9 1A1 07386HKY6 50562.680000 PA USD 49555.730000 0.0704473 Long ABS-MBS CORP US N 2 2034-09-25 Floating 6 N N N N N N MERCURY AGGREGATOR LP N/A MERCURY AGGREGATOR L P TRANCHE 2 TERM LOAN BA000FDW9 136470.380000 PA USD 0.000000 0 Long LON CORP US N 3 2027-04-03 Fixed 0 N N N N N N N/A N/A BNP PARIBASBNPP SA REPO - 22Apr26 000000000 -746531.500000 PA USD -753929.010000 -1.07177 Short RA US N 2 Reverse repurchase N 5.170000 2026-04-22 1100000.000000 USD 1131580.120000 USD PLCMO N N N COUNTRYWIDE HOME LOANS 2006-HYB5 N/A COUNTRYWIDE HOME LOANS CWHL 2006 HYB5 2A1 170256AD3 44271.340000 PA USD 39839.960000 0.0566356 Long ABS-MBS CORP US N 2 2036-09-20 Floating 4.09575 N N N N N N WAMU MTGE P/T CERT 2007-HY2 N/A WAMU MORTGAGE PASS THROUGH CER WAMU 2007 HY2 1A1 92926UAA9 129238.560000 PA USD 119514.790000 0.1699 Long ABS-MBS CORP US N 2 2036-12-25 Floating 4.10818 N N N N N N CS FIRST BOSTON MTG SEC 2003-1 N/A CREDIT SUISSE FIRST BOSTON MOR CSFB 2003 1 1A1 2254W0FJ9 21004.170000 PA USD 21705.820000 0.0308565 Long ABS-MBS CORP US N 2 2033-02-25 Fixed 7 N N N N N N N/A N/A BNP PARIBASBNPP SA REPO - 22Apr26 000000000 -751894.000000 PA USD -759344.640000 -1.07947 Short RA US N 2 Reverse repurchase N 5.170000 2026-04-22 1100000.000000 USD 1137634.410000 USD PLCMO N N N AMSURG LLC N/A ENVISION HEALTHCARE CORPORTION 2023 LAST OUT TERM LOAN 949ABFII9 1842040.690000 PA USD 1897301.910000 2.69716 Long LON CORP US N 3 2028-09-15 Fixed 11.6408 N N Y N N N US RENAL CARE INC 54930058SS5MF69JGN89 U S RENAL CARE INC 2025 TERM LOAN BA000SL02 350000.000000 PA USD 356573.740000 0.506897 Long LON CORP US N 3 2030-09-25 Floating 9.6677 N N N N N N SVB FINANCIAL TRUST N/A SVB FINL TR COMMON STOCK UNIT 000000000 583.000000 NS USD 275467.500000 0.391598 Long EP CORP US N 2 N N N N/A N/A RFR USD SOFR/3.75000 12/20/23-5Y LCH 000000000 1.000000 NC USD 12271.470000 0.0174448 N/A DIR US N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 N/A USD-SOFR-COMPOUND Y 2028-12-20 21288.750000 USD 0.000000 USD 2800000.000000 USD -9017.280000 N N N PRIME HEALTHCARE SERVICES INC N/A PRIME HEALTHCARE SERVICE SR SECURED 144A 09/29 9.375 74165HAC2 500000.000000 PA USD 518847.500000 0.737582 Long DBT CORP US N 2 2029-09-01 Fixed 9.375 N N N N N N N/A N/A DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26 000000000 -124377.900000 PA USD -124673.190000 -0.177233 Short RA US N 2 Reverse repurchase N 4.070000 2026-04-13 1154711.880000 USD 137675.840000 USD AMBS N N N NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2022-RRI N/A NATIXIS COMMERCIAL MORTGAGE SE NCMS 2022 RRI E 144A 63875JAN8 173677.300000 PA USD 174048.660000 0.247424 Long ABS-MBS CORP US N 2 2035-03-15 Floating 8.86551 N N N N N N N/A N/A US 10YR ULTRA FUT JUN26 XCBT 20260618 000000000 -6.000000 NC USD 16075.260000 0.0228522 N/A DIR US N 2 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Short N/A UNITED STATES GOVT 2026-06-18 -680578.130000 USD 16075.260000 N N N COUNTRYWIDE ALTERNATIVE LN TR 2007-24 N/A COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2007 24 A1 02151GAA5 3285424.650000 PA USD 647988.900000 0.921166 Long ABS-MBS CORP US N 2 2037-10-25 Floating 4.34303 N N N N N N INCORA INTERMEDIATE II LLC N/A INCORA INTERMEDIATE II SR SECURED 144A 01/30 VAR 45338XAA3 1545227.000000 PA USD 1545227.000000 2.19666 Long DBT CORP US N 3 2030-01-31 Fixed 11.68 N N Y N N N REGAL TRUST IV 1999-1 N/A REGAL TRUST IV REGAL 1999 1 A 144A 758842AA6 5361.360000 PA USD 5156.330000 0.0073301 Long ABS-MBS CORP US N 2 2031-09-29 Floating 4.329 N N N N N N NUVEEN CHURCHILL DIRECT LENDING CORP 254900X3ULEP6XX7HG39 NUVEEN CHURCHILL DIRECT SR UNSECURED 03/30 6.65 67090SAA6 1000000.000000 PA USD 993630.920000 1.41252 Long DBT CORP US N 2 2030-03-15 Fixed 6.65 N N N N N N US LBM (LBM ACQUISITION LLC) 549300FAEB3VWZL4NI86 LBM ACQUISITION LLC 2024 INCREMENTAL TERM LOAN B 50179JAH1 374048.220000 PA USD 301858.780000 0.429116 Long LON CORP US N 2 2031-06-06 Floating 7.5249 N N N N N N FIRST HORIZON ALT MTG SEC 2005-AA6 N/A FIRST HORIZON ALTERNATIVE MORT FHAMS 2005 AA6 2A2 32051GPZ2 1030.050000 PA USD 42.870000 0.0000609 Long ABS-MBS CORP US N 2 2035-08-25 Floating 5.0376 N N N N N N CENGAGE LEARNING INC 549300BYGM0FWUSVXJ88 CENGAGE LEARNING INC 2026 TERM LOAN B 15131YAR6 197010.000000 PA USD 193397.820000 0.27493 Long LON CORP US N 2 2031-03-24 Floating 6.67203 N N N N N N VENTURE GLOBAL LNG INC 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC SR SECURED 144A 02/29 9.5 92332YAC5 200000.000000 PA USD 216359.880000 0.307572 Long DBT CORP US N 2 2029-02-01 Fixed 9.5 N N N N N N COUNTRYWIDE ALTERNATIVE LN TR 2005-64CB N/A COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 64CB 2A1 12668AA62 157693.070000 PA USD 21175.070000 0.030102 Long ABS-MBS CORP US N 2 2035-11-25 Fixed 6 N N N N N N DIVERSIFIED HEALTHCARE TRUST N/A DIVERSIFIED HEALTHCARE T SR SECURED 144A 10/30 7.25 25525PAE7 100000.000000 PA USD 100984.300000 0.143557 Long DBT CORP US N 2 2030-10-15 Fixed 7.25 N N N N N N MORGAN STANLEY CAPITAL I 2007-T25 N/A MORGAN STANLEY CAPITAL I TRUST MSC 2007 T25 X 144A 61751XAX8 38833.330000 PA USD 0.390000 0.0000006 Long ABS-MBS CORP US N 2 2049-11-12 Variable 0.652014 N N N N N N INDYMAC RESIDENTIAL ASSET BACKED 2007-A N/A INDYMAC RESIDENTIAL ASSET BACK INABS 2007 A 2A3 43710BAD8 2765592.390000 PA USD 1883563.390000 2.67763 Long ABS-MBS CORP US N 2 2037-04-25 Floating 4.03303 N N N N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 26May26 000000000 -671751.560000 PA USD -672487.130000 -0.955993 Short RA US N 2 Reverse repurchase N 4.380000 2026-05-26 900000.000000 USD 895668.750000 USD PLCMO N N N TOPAZ SOLAR FARMS LLC N/A TOPAZ SOLAR FARMS LLC SR SECURED 144A 09/39 4.875 89054XAD7 221559.000000 PA USD 200510.900000 0.285042 Long DBT CORP US N 2 2039-09-30 Fixed 4.875 N N N N N N HARBORVIEW MORTGAGE LOAN TRUST 2005-16 N/A HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 16 3A1A 41161PYZ0 354153.720000 PA USD 226497.880000 0.321984 Long ABS-MBS CORP US N 2 2036-01-19 Floating 4.2912 N N N N N N MARINE ONE HOLDCO LLC N/A WEST MARINE NEW COMMON STOCK EQTYWM9A9 902LVFII8 2750.000000 NS USD 17373.860000 0.0246983 Long EC CORP US Y 3 N N N N/A N/A UBS SECURITIES LLC REPO - 10Sep26 000000000 -1474730.400000 PA USD -1478957.140000 -2.10245 Short RA US N 2 Reverse repurchase N 4.690000 2026-09-10 2777924.000000 USD 1891962.090000 USD PLCMO N N N 245 PARK AVENUE TRUST 2017-245P N/A PARK AVENUE TRUST PRKAV 2017 245P E 144A 90187LAN9 655000.000000 PA USD 633031.170000 0.899903 Long ABS-MBS CORP US N 2 2037-06-05 Variable 3.6574 N N N N N N MLCC MORTGAGE INVESTORS INC 2005-B N/A MLCC MORTGAGE INVESTORS INC MLCC 2005 B A1 59020UWU5 6610.790000 PA USD 6189.900000 0.0087994 Long ABS-MBS CORP US N 2 2030-07-25 Floating 4.21303 N N N N N N PEOPLE'S FINANCE REALTY MTGE SEC 2006-1 N/A PEOPLE S FINANCIAL REALTY MORT PFRMS 2006 1 1A2 71103XAB0 5502527.190000 PA USD 952625.570000 1.35423 Long ABS-MBS CORP US N 2 2036-09-25 Floating 3.92303 N N N N N N LEHMAN MORTGAGE TRUST 2006-2 N/A LEHMAN MORTGAGE TRUST LMT 2006 2 1A1 52520MGG2 135667.370000 PA USD 82565.480000 0.117373 Long ABS-MBS CORP US N 2 2036-04-25 Variable 5.72354 N N N N N N N/A N/A THE BANK OF NYDBAG LONDON GLOB REPO - 12Jun26 000000000 -593050.500000 PA USD -594402.850000 -0.84499 Short RA US N 2 Reverse repurchase N 4.320630 2026-06-12 843000.000000 USD 738865.470000 USD PLCMO N N N BANC OF AMERICA FUNDING CORP 2007-8 N/A BANC OF AMERICA FUNDING CORPOR BAFC 2007 8 2A1 05953LAD1 227467.760000 PA USD 163882.380000 0.232972 Long ABS-MBS CORP US N 2 2037-10-25 Fixed 7 N N N N N N N/A N/A BNP PARIBASBNPP SA REPO - 23Jul26 000000000 -319965.000000 PA USD -322723.810000 -0.458777 Short RA US N 2 Reverse repurchase N 4.850000 2026-07-23 442168.230000 USD 433925.370000 USD PLCMO N N N GSAMP TRUST 2005-SD1 N/A GSAMP TRUST GSAMP 2005 SD1 M3 144A 36242DWF6 2155730.190000 PA USD 1697340.680000 2.4129 Long ABS-MBS CORP US N 2 2034-12-25 Floating 6.41803 N N N N N N UNITED STATES GOVT 254900HROIFWPRGM1V77 US TREASURY N/B 08/45 4.875 912810UN6 35000.000000 PA USD 34893.360000 0.0496036 Long DBT UST US N 2 2045-08-15 Fixed 4.875 N N N N N N CITIGROUP MTGE LOAN TRUST INC 2005-5 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 5 3A2A 17307GZG6 731637.180000 PA USD 658012.750000 0.935416 Long ABS-MBS CORP US N 2 2035-10-25 Floating 4.6802 N N N N N N CVS PASS-THROUGH TRUST N/A CVS PASS THROUGH TRUST PASS THRU CE 01/28 5.88 126650BC3 279868.540000 PA USD 280954.700000 0.399399 Long DBT CORP US N 2 2028-01-10 Fixed 5.88 N N N N N N ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL N/A ION PLAT FIN US/SARL SR SECURED 144A 05/29 9.5 46206AAB8 140000.000000 PA USD 131940.000000 0.187563 Long DBT CORP US N 2 2029-05-30 Fixed 9.5 N N N N N N N/A N/A RFRF USD SF+26.161/1.3* 07/19/23-8Y CME 000000000 1.000000 NC USD 12737.420000 0.0181072 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2031-07-19 0.000000 USD -209.470000 USD 100000.000000 USD 12946.890000 N N N CACI INTERNATIONAL INC SYRPI2D1O9WRTS2WX210 CACI INTERNATIONAL INC COMPANY GUAR 144A 06/33 6.375 127190AE6 100000.000000 PA USD 101861.600000 0.144804 Long DBT CORP US N 2 2033-06-15 Fixed 6.375 N N N N N N N/A N/A MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26 000000000 -240952.350000 PA USD -241205.080000 -0.342892 Short RA US N 2 Reverse repurchase N 4.720000 2026-09-24 680272.030000 USD 341136.220000 USD PLCMO N N N N/A N/A RFR USD SOFR/3.75000 12/20/23-5Y CME 000000000 1.000000 NC USD 9205.070000 0.0130857 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2028-12-20 23298.460000 USD 0.000000 USD 2100000.000000 USD -14093.390000 N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -705500.000000 PA USD -714058.110000 -1.01509 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 800000.000000 USD 817935.200000 USD CDS N N N NATIONAL COLLEGIATE V COMMUTATION TRUST 2007-33A6 N/A NATIONAL COLLEGIATE V COMMUTAT NCVCT 2007 33A6 1O 144A 63546EAA6 1097761.500000 PA USD 152665.690000 0.217026 Long ABS-O CORP US N 2 2038-03-25 Floating 0 N N N N N N BANC OF AMERICA FUNDING CORP 2006-B N/A BANC OF AMERICA FUNDING CORPOR BAFC 2006 B 7A1 058928AN2 29864.970000 PA USD 26479.160000 0.0376422 Long ABS-MBS CORP US N 2 2036-03-20 Floating 4.17361 N N N N N N NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2017-75B N/A NATIXIS COMMERCIAL MORTGAGE SE NCMS 2017 75B E 144A 63874EAN0 1197000.000000 PA USD 654016.500000 0.929735 Long ABS-MBS CORP US N 2 2037-04-10 Variable 4.0579 N N N N N N WESTMORELAND MINING HOLDINGS LLC N/A WESTMORELAND MINING HOLDINGS L COMMON 935ZXN908 9153.510000 NS USD 5434.900000 0.0077261 Long EC CORP US Y 3 N N N ASSET BACKED SEC CORP HOME EQ 1999-LB1 N/A ASSET BACKED SECURITIES CORP H ABSHE 1999 LB1 B1 04541GAL6 50538.930000 PA USD 47549.210000 0.0675949 Long ABS-MBS CORP US N 2 2029-06-21 Floating 7.03943 N N N N N N TRANSOCEAN AQUILA LIMITED N/A TRANSOCEAN AQUILA LTD SR SECURED 144A 09/28 8 893790AA3 246153.850000 PA USD 253119.020000 0.359828 Long DBT CORP KY N 2 2028-09-30 Fixed 8 N N N N N N WORLDWIDE PLAZA TRUST 2017-WWP N/A WORLDWIDE PLAZA TRUST WPT 2017 WWP F 144A 98162JAQ9 2400000.000000 PA USD 12156.000000 0.0172807 Long ABS-MBS CORP US N 2 2036-11-10 Variable 3.59554 N N N N N N FREDDIE MAC REMICS 4990 N/A FREDDIE MAC FHR 4990 BI 3137FURT3 1092428.200000 PA USD 252148.380000 0.358449 Long ABS-MBS USGSE US N 2 2050-07-25 Fixed 4 N N N N N N ABSLT DE 2024 LLC N/A ABSLT DE 2024 LLC CLN 2024 1 05/33 1 00401BAF7 1200000.000000 PA USD 1180032.130000 1.67751 Long DBT CORP US N 3 2033-05-20 Floating 12.175 N N N N N N N/A N/A BNYMELLONRE RBC BARBADOS REPO - 09Jun26 000000000 -756059.460000 PA USD -758358.720000 -1.07807 Short RA US N 2 Reverse repurchase N 4.760000 2026-06-09 2134314.200000 USD 958649.210000 USD PLCMO N N N GUARDIAN BIDCO INC 254900FNRUS0FT2AXJ89 GUARDIAN 1ST LIEN DELAYED DRAW TL BA000P6S4 100000.000000 PA USD 99098.650000 0.140876 Long LON CORP US N 3 2032-08-29 Fixed 9.1674 N N Y N N N N/A N/A US LONG BOND(CBT) JUN26 XCBT 20260618 000000000 -4.000000 NC USD 15932.980000 0.02265 N/A DIR US N 2 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Short N/A UNITED STATES GOVT 2026-06-18 -454312.500000 USD 15932.980000 N N N HSI ASSET SECUR CORP TRUST 2007-HE2 N/A HSI ASSET SECURITIZATION CORPO HASC 2007 HE2 2A1 40430RAB2 2542594.280000 PA USD 1262135.410000 1.79422 Long ABS-MBS CORP US N 2 2037-04-25 Floating 4.01303 N N N N N N COHESITY INC 254900JU2GC36CXYYG09 CLOVER 2024 HOLDINGS INC VERITAS G PREFERRED 955EHZ901 962.000000 NS USD 18194.610000 0.025865 Long EP CORP US Y 3 N N N N/A N/A DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26 000000000 -82370.260000 PA USD -82565.820000 -0.117374 Short RA US N 2 Reverse repurchase N 4.070000 2026-04-13 508250.220000 USD 95907.020000 USD AMBS N N N MULTIPLAN INC (MPH ACQUISITION HOLDINGS LLC) 5493002WXOPRPTXWTU06 MPH ACQUISITION HOLDINGS SR SECURED 144A 12/30 11.5 553283AF9 100817.000000 PA USD 91232.600000 0.129694 Long DBT CORP US N 2 2030-12-31 Fixed 11.5 N N Y N N N N/A N/A RFR USD SOFR/1.75000 12/21/22-30Y CME 000000000 1.000000 NC USD 1112445.000000 1.58143 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2052-12-21 674373.600000 USD 0.000000 USD 2800000.000000 USD 438071.400000 N N N INEOS US FINANCE LLC 5493008MHJ4R367SNK31 INEOS US FINANCE LLC 2023 USD TERM LOAN B G4768PAN1 397979.800000 PA USD 348978.540000 0.4961 Long LON CORP US N 2 2030-02-18 Floating 6.9177 N N N N N N JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-ASH8 N/A JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 ASH8 F 144A 46649JAQ1 740506.330000 PA USD 643777.690000 0.91518 Long ABS-MBS CORP US N 2 2035-02-15 Floating 7.97 N N N N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 16Jun26 000000000 -89143.000000 PA USD -89307.820000 -0.126958 Short RA US N 2 Reverse repurchase N 4.160000 2026-06-16 100000.000000 USD 100309.700000 USD CDS N N N CHASE MORTGAGE FINANCE CORP 2007-S2 N/A CHASE MORTGAGE FINANCE CORPORA CHASE 2007 S2 1A4 16163EAD0 151763.610000 PA USD 77057.410000 0.109543 Long ABS-MBS CORP US N 2 2037-03-25 Fixed 6 N N N N N N KINDRED AT HOME HOSPICE (CHARLOTTE BUYER INC) N/A CHARLOTTE BUYER INC 2025 REPRICED TERM LOAN B 12568YAH7 297738.690000 PA USD 295356.780000 0.419872 Long LON CORP US N 2 2028-02-11 Floating 7.92 N N N N N N XBP GLOBAL HOLDINGS INC 984500BE0P94C4CD8C71 XBP GLOBAL HOLDINGS INC COMMON STOCK USD.0001 98400V200 131.000000 NS USD 576.400000 0.0008194 Long EC CORP US N 1 N N N COUNTRYWIDE ASSET-BACKED CERTIFICATES 2006-ABC1 N/A COUNTRYWIDE ASSET BACKED CERTI CWL 2006 ABC1 A3 23242NAC3 5993183.960000 PA USD 5084593.900000 7.22814 Long ABS-MBS CORP US N 2 2036-05-25 Floating 4.27303 N N N N N N COUNTRYWIDE ASSET BACKED CERT 2007-BC2 N/A COUNTRYWIDE ASSET BACKED CERTI CWL 2007 BC2 1A 12669QAA7 419096.270000 PA USD 429141.000000 0.610057 Long ABS-MBS CORP US N 2 2037-06-25 Floating 4.19303 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -89675.000000 PA USD -90762.810000 -0.129026 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 100000.000000 USD 101641.500000 USD CDS N N N LIFEPOINT HEALTH INC 549300G8ZVHRTBBBSZ90 LIFEPOINT HEALTH INC SR SECURED 144A 08/30 9.875 53219LAV1 100000.000000 PA USD 105876.200000 0.150511 Long DBT CORP US N 2 2030-08-15 Fixed 9.875 N N N N N N US RENAL CARE INC 54930058SS5MF69JGN89 U S RENAL CARE INC 2023 SUPERPRIORITY TERM LOAN 90290PAS3 2022879.250000 PA USD 1910568.990000 2.71602 Long LON CORP US N 2 2028-06-28 Floating 8.7822 N N N N N N GSR MORTGAGE LOAN TRUST 2007-AR1 N/A GSR MORTGAGE LOAN TRUST GSR 2007 AR1 2A1 362290AC2 496180.010000 PA USD 260386.880000 0.37016 Long ABS-MBS CORP US N 2 2047-03-25 Floating 3.96064 N N N N N N VERUS SECURITIZATION TRUST 2024-5 N/A VERUS SECURITIZATION TRUST VERUS 2024 5 B2 144A 92540HAF3 500000.000000 PA USD 505148.300000 0.718107 Long ABS-MBS CORP US N 2 2069-06-25 Variable 7.79887 N N N N N N WEATHERFORD INTERNATIONAL LTD 549300A2JKMG5PGOGF82 WEATHERFORD INTERNATIONA COMPANY GUAR 144A 10/33 6.75 947075AW7 800000.000000 PA USD 817935.200000 1.16276 Long DBT CORP BM N 2 2033-10-15 Fixed 6.75 N N N N N N N/A N/A MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26 000000000 -759470.230000 PA USD -760266.830000 -1.08078 Short RA US N 2 Reverse repurchase N 4.720000 2026-09-24 1318524.700000 USD 1042094.020000 USD PLCMO N N N WASTE PRO USA INC 549300BY1QXU5BI3UF28 WASTE PRO USA INC SR UNSECURED 144A 02/33 7 94107JAC7 200000.000000 PA USD 202750.200000 0.288225 Long DBT CORP US N 2 2033-02-01 Fixed 7 N N N N N N MORGAN STANLEY MORTGAGE TRUST-2004-11AR N/A MORGAN STANLEY MORTGAGE LOAN T MSM 2004 11AR B1 61748HHP9 131625.260000 PA USD 119457.890000 0.169819 Long ABS-MBS CORP US N 2 2035-01-25 Floating 5.87088 N N N N N N BANC OF AMERICA ALT LOAN TRUST 2007-1 N/A BANC OF AMERICA ALTERNATIVE LO BOAA 2007 1 2A1 059496AC3 46278.560000 PA USD 40525.070000 0.0576095 Long ABS-MBS CORP US N 2 2037-04-25 Variable 5.09567 N N N N N N APEX CREDIT CLO 2021-2A N/A APEX CREDIT CLO LLC APEXC 2021 2A SUB 144A 58406DAC3 500000.000000 PA USD 162307.950000 0.230733 Long ABS-CBDO CORP KY N 2 2034-10-20 Variable 0 N N N N N N TBW MTGE BACKED PASS THRU CERT 2006-2 N/A TBW MORTGAGE BACKED PASS THROU TBW 2006 2 4A1 878048AH0 101819.440000 PA USD 30546.450000 0.0434241 Long ABS-MBS CORP US N 2 2036-07-25 Fixed 6 N N N N N N CLEAR CHANNEL OUTDOOR HOLDINGS INC 254900XBEE6V1ENYS150 CLEAR CHANNEL OUTDOOR HOLDIN COMMON STOCK 18453H106 108013.000000 NS USD 255990.810000 0.363911 Long EC CORP US N 1 N N N MFA 2022-NQM1 TRUST N/A MFRA TRUST MFRA 2022 NQM1 B1 144A 55284PAG0 1000000.000000 PA USD 860164.000000 1.22279 Long ABS-MBS CORP US N 2 2066-12-25 Variable 4.29929 N N N N N N MASTR ASSET BACKED SEC TR 2006-NC2 N/A MASTR ASSET BACKED SECURITIES MABS 2006 NC2 A3 55275BAC1 2232722.910000 PA USD 776726.790000 1.10418 Long ABS-MBS CORP US N 2 2036-08-25 Floating 4.01303 N N N N N N RESIDENTIAL ACCREDIT LOANS 2006-QA1 N/A RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QA1 A21 761118TB4 136635.900000 PA USD 91632.130000 0.130262 Long ABS-MBS CORP US N 2 2036-01-25 Floating 4.97313 N N N N N N SOLERA LLC (POLARIS NEWCO LLC) 254900LEPDAG7EDOA064 POLARIS NEWCO, LLC USD TERM LOAN B 73108RAB4 378020.840000 PA USD 333722.470000 0.474412 Long LON CORP US N 2 2028-06-02 Floating 7.9284 N N N N N N HOUGHTON MIFFLIN HARCOURT COMPANY N/A HOUGHTON MIFFLIN HARCOURT COMP TERM LOAN B 44157YAE4 213943.740000 PA USD 181998.730000 0.258725 Long LON CORP US N 2 2029-04-09 Floating 9.0177 N N N N N N N/A N/A BARCLAYS BANK PLC LONDON BRANC REPO - 31Dec35 000000000 -346800.000000 PA USD -350593.610000 -0.498396 Short RA US N 2 Reverse repurchase N 3.580000 2027-12-12 400000.000000 USD 378567.340000 USD CDS N N N NEWFOLD DIGITAL HOLDINGS GROUP INC 549300UTQC2651SB0W88 NEWFOLD DIGITAL HLDGS GR SECURED 144A 04/29 11.75 650929AD4 229480.000000 PA USD 93570.580000 0.133018 Long DBT CORP US N 2 2029-04-30 Fixed 11.75 N N N N N N BBCCRE TRUST 2015-GTP N/A BBCCRE TRUST BBCCR 2015 GTP B 144A 05490TAC6 500000.000000 PA USD 449266.950000 0.638668 Long ABS-MBS CORP US N 2 2033-08-10 Fixed 4.216 N N N N N N MCAFEE CORP 2549009UKR8UEZYVCR93 MCAFEE LLC 2024 USD 1ST LIEN TERM LOAN B 57906HAF4 496231.160000 PA USD 444747.180000 0.632243 Long LON CORP US N 2 2029-03-01 Floating 6.6677 N N N N N N N/A N/A BNYMELLONRE RBC BARBADOS REPO - 09Jun26 000000000 -322094.120000 PA USD -323073.640000 -0.459274 Short RA US N 2 Reverse repurchase N 4.760000 2026-06-09 507934.740000 USD 449437.880000 USD PLCMO N N N MULTIPLAN INC (MPH ACQUISITION HOLDINGS LLC) 5493002WXOPRPTXWTU06 MPH ACQUISITION HOLDINGS SR SECURED 144A 12/30 5.75 553283AG7 62699.000000 PA USD 48034.050000 0.0682841 Long DBT CORP US N 2 2030-12-31 Fixed 5.75 N N N N N N JP MORGAN ALTERNATIVE LN TRUST 2006-S1 N/A J.P. MORGAN ALTERNATIVE LOAN T JPALT 2006 S1 1A19 46627MER4 680272.030000 PA USD 341136.220000 0.484952 Long ABS-MBS CORP US N 2 2036-03-25 Fixed 6.5 N N N N N N N/A N/A DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26 000000000 -216246.210000 PA USD -216759.620000 -0.308141 Short RA US N 2 Reverse repurchase N 4.070000 2026-04-13 1092428.200000 USD 252148.380000 USD AMBS N N N N/A N/A CANADIAN IMPERIAL BANK OF COMM REPO - 27May26 000000000 -970763.810000 PA USD -974541.160000 -1.38539 Short RA US N 2 Reverse repurchase N 4.120000 2026-05-27 960000.000000 USD 987773.230000 USD CDS N N N N/A N/A RFRF USD SF+26.161/1.7* 7/22/23-27Y* CME 000000000 1.000000 NC USD 290839.890000 0.413451 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2050-01-22 0.000000 USD -4073.130000 USD 700000.000000 USD 294913.020000 N N N N/A N/A BNYMELLONRE FIRM SECURED FINAN REPO - 27Jul26 000000000 -512451.000000 PA USD -516836.720000 -0.734723 Short RA US N 2 Reverse repurchase N 4.740000 2026-07-27 1365156.000000 USD 677658.930000 USD PLCMO N N N N/A N/A RFR USD SOFR/3.25000 06/18/25-5Y LCH 000000000 1.000000 NC USD -143442.870000 -0.203915 N/A DIR US N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 N/A USD-SOFR-COMPOUND Y 2030-06-18 0.000000 USD -69107.690000 USD 7200000.000000 USD -74335.180000 N N N CREDIT SUISSE MORTGAGE CAPITAL CERT 2006 N/A CREDIT SUISSE MORTGAGE TRUST CSMC 2006 3 1A4A 225470M67 118197.150000 PA USD 60140.970000 0.085495 Long ABS-MBS CORP US N 2 2036-04-25 Variable 6.396 N N N N N N RESIDENTIAL ACCREDIT LOANS 2005-QS10 N/A RESIDENTIAL ACCREDIT LOANS, IN RALI 2005 QS10 2A 761118CW6 83865.890000 PA USD 74684.290000 0.10617 Long ABS-MBS CORP US N 2 2035-08-25 Fixed 6 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -411000.000000 PA USD -415985.660000 -0.591356 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 500000.000000 USD 516939.500000 USD CDS N N N RENAISSANCE HOME EQUITY LOAN TR 2007-3 N/A RENAISSANCE HOME EQUITY LOAN T RAMC 2007 3 AF3 75971FAF0 3164683.540000 PA USD 1204105.760000 1.71173 Long ABS-MBS CORP US N 2 2037-09-25 Variable 7.238 N N N N N N TRANSOCEAN INTERNATIONAL LIMITED DOL4HJ22ADYSIWES4H94 TRANSOCEAN INTERNTNL LTD COMPANY GUAR 144A 05/29 8.25 893830BY4 500000.000000 PA USD 516939.500000 0.734869 Long DBT CORP BM N 2 2029-05-15 Fixed 8.25 N N N N N N CDK GLOBAL (CENTRAL PARENT LLC) N/A CENTRAL PARENT INC 2024 TERM LOAN B 15477BAE7 593984.960000 PA USD 425495.190000 0.604874 Long LON CORP US N 2 2029-07-06 Floating 6.9496 N N N N N N PATTERSON CO (PARADIGM PARENT LLC) 254900EDT9YE5UFH3458 PARADIGM PARENT LLC 1ST LIEN TERM LOAN 69902BAB5 398000.000000 PA USD 330340.000000 0.469604 Long LON CORP US N 2 2032-04-16 Floating 8.1996 N N N N N N N/A N/A RFR USD SOFR/4.50000 03/20/24-6Y* CME 000000000 1.000000 NC USD 397693.920000 0.565353 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2030-06-17 7583.000000 USD 0.000000 USD 10300000.000000 USD 390110.920000 N N N CREDIT SUISSE MRTG CAPITAL CERT 2006-4 N/A CREDIT SUISSE MORTGAGE TRUST CSMC 2006 4 9A1 12637HAY4 142945.980000 PA USD 58556.150000 0.0832421 Long ABS-MBS CORP US N 2 2036-05-25 Fixed 6.5 N N N N N N DISH DBS CORPORATION N/A DISH DBS CORP SR SECURED 144A 12/26 5.25 25470XBE4 660000.000000 PA USD 654718.920000 0.930734 Long DBT CORP US N 2 2026-12-01 Fixed 5.25 N N N N N N KILROY REALTY LP 5493008CT3N3JR7P1552 KILROY REALTY LP COMPANY GUAR 10/35 5.875 49427RAT9 100000.000000 PA USD 96468.590000 0.137138 Long DBT CORP US N 2 2035-10-15 Fixed 5.875 N N N N N N QUIKRETE HOLDINGS INC 5493007KIN86DIZWZT22 QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375 74843PAA8 400000.000000 PA USD 405901.200000 0.57702 Long DBT CORP US N 2 2032-03-01 Fixed 6.375 N N N N N N N/A N/A RFRF USD SF+26.161/1.3* 07/20/23-8Y CME 000000000 1.000000 NC USD 12787.410000 0.0181783 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2031-07-20 0.000000 USD -215.730000 USD 100000.000000 USD 13003.140000 N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 15Jun26 000000000 -99377.130000 PA USD -100286.010000 -0.142564 Short RA US N 2 Reverse repurchase N 4.390000 2026-06-15 100000.000000 USD 103217.220000 USD CDS N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 08Apr26 000000000 -696684.980000 PA USD -703158.150000 -0.999594 Short RA US N 2 Reverse repurchase N 4.030000 2026-04-08 700000.000000 USD 695541.640000 USD CDS N N N BEAR STEARNS ALT-A TRUST 2006-5 N/A BEAR STEARNS ALT A TRUST BALTA 2006 5 2A2 073873AK7 173207.840000 PA USD 77483.250000 0.110148 Long ABS-MBS CORP US N 2 2036-08-25 Floating 4.13213 N N N N N N ASHFORD HOSPITALITY TRUST 2018-ASHF N/A ASHFORD HOSPITALITY TRUST AHT1 2018 ASHF C 144A 04410RAJ5 900000.000000 PA USD 895668.750000 1.27326 Long ABS-MBS CORP US N 2 2035-04-15 Floating 5.245 N N N N N N INDYMAC INDX MORTGAGE LOAN TR 2006-AR7 N/A INDYMAC INDX MORTGAGE LOAN TRU INDX 2006 AR7 4A1 45661EDC5 85002.470000 PA USD 45779.400000 0.065079 Long ABS-MBS CORP US N 2 2036-05-25 Floating 3.26541 N N N N N N FREDDIE MAC REMICS 4990 N/A FREDDIE MAC FHR 4990 SN 3137FUYG3 1151642.720000 PA USD 137309.900000 0.195197 Long ABS-MBS USGSE US N 2 2050-05-25 Floating 2.37362 N N N N N N INDYMAC INDA MORTGAGE LOAN TRUST 2007-AR2 N/A INDYMAC INDA MORTGAGE LOAN TRU INDA 2007 AR2 A1 456679AA7 69789.370000 PA USD 53364.790000 0.0758622 Long ABS-MBS CORP US N 2 2037-06-25 Floating 3.61555 N N N N N N N/A N/A BARCLAYS BANK PLC LONDON BRANC REPO - 20Apr26 000000000 -417984.000000 PA USD -423831.940000 -0.60251 Short RA US N 2 Reverse repurchase N 4.890000 2026-04-20 525000.000000 USD 526122.560000 USD PLCMO N N N FREDDIE MAC STACR REMIC TRUST 2021-DNA6 N/A FREDDIE MAC STACR STACR 2021 DNA6 B2 144A 35564KLV9 1100000.000000 PA USD 1131580.120000 1.60863 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 11.1619 N N N N N N N/A N/A BNP PARIBASBNPP SA REPO - 23Jul26 000000000 -2745996.000000 PA USD -2769672.590000 -3.9373 Short RA US N 2 Reverse repurchase N 4.850000 2026-07-23 4153551.500000 USD 3452984.430000 USD PLCMO N N N N/A N/A GOLDMAN SACHS BANK USA 2 REPO - 23Sep26 000000000 -527666.300000 PA USD -534965.240000 -0.760494 Short RA US N 2 Reverse repurchase N 5.030000 2026-09-23 740506.330000 USD 643777.690000 USD PLCMO N N N BGC GROUP INC 2549001IGRCG4F0RLD36 BGC GROUP INC SR UNSECURED 06/29 6.6 05555LAB7 100000.000000 PA USD 103217.220000 0.146731 Long DBT CORP US N 2 2029-06-10 Fixed 6.6 N N N N N N CITIGROUP MORTGAGE LOAN TRUST 2014-6 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2014 6 3A3 144A 17322WAK0 977824.190000 PA USD 463162.660000 0.658422 Long ABS-MBS CORP US N 2 2035-11-25 Variable 4.87094 N N N N N N STRUCTURED ADJUSTABLE RT MTGE LN 2005-23 N/A STRUCTURED ADJUSTABLE RATE MOR SARM 2005 23 3A1 863579L48 148824.780000 PA USD 78637.210000 0.111789 Long ABS-MBS CORP US N 2 2036-01-25 Floating 4.21896 N N N N N N COUNTRYWIDE HOME LOANS 2005-HYB9 N/A COUNTRYWIDE HOME LOANS CWHL 2005 HYB9 3A2A 126670JY5 1299.550000 PA USD 1162.230000 0.0016522 Long ABS-MBS CORP US N 2 2036-02-20 Floating 6.22417 N N N N N N SEVITA (NATIONAL MENTOR HOLDINGS INC) 5493004QULJVJP3CNZ62 NATIONAL MENTOR HOLDINGS SR SECURED 144A 12/30 10.5 63688RAF4 300000.000000 PA USD 309884.100000 0.440524 Long DBT CORP US N 2 2030-12-15 Fixed 10.5 N N N N N N FINASTRA USA INC 549300ZB2RO6QC7YTK71 FINASTRA USA INC 2025 1ST LIEN TERM LOAN 31772YAD8 150000.000000 PA USD 141219.000000 0.200754 Long LON CORP US N 2 2032-09-15 Floating 7.6706 N N N N N N N/A N/A UBS SECURITIES LLC REPO - 08Apr26 000000000 -347967.400000 PA USD -351786.150000 -0.500091 Short RA US N 2 Reverse repurchase N 4.760000 2026-04-08 421594.700000 USD 431699.310000 USD PLCMO N N N VENTURE GLOBAL PLAQUEMINES LNG LLC 549300TKP4I6OJ02BF90 VENTURE GLOBAL PLAQUE SR SECURED 144A 01/34 6.5 922966AC0 250000.000000 PA USD 260769.820000 0.370704 Long DBT CORP US N 2 2034-01-15 Fixed 6.5 N N N N N N PIMCO FUNDS LWVQWTQCFH3YG7CVH718 PIMCO PRV SHORT TERM FLT III MUTUAL FUND 000000000 672520.150000 PA USD 6549673.730000 9.31087 Long STIV RF US N 1 N N N N/A N/A BNP PARIBASBNPP SA REPO - 23Jul26 000000000 -1274845.000000 PA USD -1285837.000000 -1.82792 Short RA US N 2 Reverse repurchase N 4.850000 2026-07-23 2155730.180000 USD 1697340.670000 USD PLCMO N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 20Aug26 000000000 -686031.250000 PA USD -689636.730000 -0.980372 Short RA US N 2 Reverse repurchase N 4.730000 2026-08-20 1000000.000000 USD 861468.100000 USD PLCMO N N N IVANTI SECURITY HOLDINGS LLC N/A IVANTI SOFTWARE INC 2025 NEWCO TERM LOAN 46583VAB5 154638.280000 PA USD 154831.580000 0.220105 Long LON CORP US N 2 2029-06-01 Floating 9.4108 N N N N N N CITIGROUP MTGE LOAN TR INC 2007-SHL1 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 SHL1 M1 144A 17312WAB2 1100000.000000 PA USD 946784.300000 1.34593 Long ABS-MBS CORP US N 2 2046-11-25 Floating 4.49303 N N N N N N MARLETTE FUNDING TRUST 2019-2 N/A MARLETTE FUNDING TRUST MFT 2019 2A CERT 144A 57109H102 4885.000000 PA USD 0.000000 0 Long ABS-O CORP US N 3 2029-07-16 Fixed 0 N N N N N N CONNECTICUT AVENUE SECURITIES TRUST 2021-R01 N/A FANNIE MAE CAS CAS 2021 R01 1B1 144A 20754RAF3 800000.000000 PA USD 807823.920000 1.14838 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 6.7619 N N N N N N UCFC MANU HOUSING 1996-1 N/A UCFC MANUFACTURED HOUSING CONT UCFCM 1996 1 M 90263AAF7 3857.850000 PA USD 3655.760000 0.0051969 Long ABS-O CORP US N 2 2028-01-15 Fixed 7.9 N N N N N N FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K071 N/A FHLMC MULTIFAMILY STRUCTURED P FHMS K071 X3 3137FCLG7 1027000.000000 PA USD 31151.170000 0.0442838 Long ABS-MBS USGSE US N 2 2045-11-25 Variable 2.01011 N N N N N N SMB PRIVATE EDUCATION LOAN TRUST 2022-B N/A SMB PRIVATE EDUCATION LOAN TRU SMB 2022 B R 144A 83206NAF4 188.000000 PA USD 173767.320000 0.247024 Long ABS-O CORP US N 3 2055-02-16 Fixed 0 N N N N N N NEWFOLD DIGITAL HOLDINGS GROUP INC 549300UTQC2651SB0W88 NEWFOLD DIGITAL HLDGS GRP INC. 2025 TRANCHE B TERM LOAN 65131PAD1 27288.090000 PA USD 9005.070000 0.0128014 Long LON CORP US N 2 2029-04-30 Floating 7.2691 N N N N N N BEAR STEARNS ALT-A TRUST 2007-2 N/A BEAR STEARNS ALT A TRUST BALTA 2007 2 1A1 073870AA5 311418.840000 PA USD 280975.620000 0.399429 Long ABS-MBS CORP US N 2 2037-04-25 Floating 4.13303 N N N N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 16Jun26 000000000 -185850.000000 PA USD -186193.620000 -0.264689 Short RA US N 2 Reverse repurchase N 4.160000 2026-06-16 200000.000000 USD 216359.880000 USD CDS N N N N/A N/A RFR USD SOFR/4.25000 03/20/24-5Y* CME 000000000 1.000000 NC USD 169219.150000 0.240558 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2029-06-19 0.000000 USD -32453.000000 USD 7800000.000000 USD 201672.150000 N N N N/A N/A ABX.HE.PENAAA.07-1 SP GST 000000000 1.000000 NC USD -4807.490000 -0.0068342 N/A DCR US N 3 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 ABX.HE.PENAAA.07-1 N/A N/A Y Single Leg Swap 2037-08-25 0.000000 USD -360390.710000 USD 336303.290000 USD 355583.220000 N N N CITIGROUP MTGE LOAN TRUST INC 2005-7 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 7 2A3A 17307GB80 48282.450000 PA USD 35509.650000 0.0504797 Long ABS-MBS CORP US N 2 2035-09-25 Floating 3.89144 N N N N N N RESIDENTIAL ACCREDIT LOANS 2007-QS10 N/A RESIDENTIAL ACCREDIT LOANS, IN RALI 2007 QS10 A1 74924DAA7 87750.620000 PA USD 72560.310000 0.10315 Long ABS-MBS CORP US N 2 2037-09-25 Fixed 6.5 N N N N N N N/A N/A RFR USD SOFR/1.75000 06/15/22-30Y LCH 000000000 1.000000 NC USD 1014565.340000 1.44228 N/A DIR US N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 N/A USD-SOFR-COMPOUND Y 2052-06-15 278900.750000 USD 0.000000 USD 2500000.000000 USD 735664.590000 N N N FREDDIE MAC REMICS 5069 N/A FREDDIE MAC FHR 5069 DI 3137F9BQ3 1246642.140000 PA USD 166877.640000 0.23723 Long ABS-MBS USGSE US N 2 2041-02-25 Fixed 3.5 N N N N N N LEALAND FINANCE COMPANY BV N/A LEALAND FINANCE COMPANY B.V. 2020 MAKE WHOLE TL N5200EAC5 27141.590000 PA USD 22731.080000 0.032314 Long LON CORP US N 2 2027-06-30 Floating 6.7822 N N N N N N BARCLAYS COMMERCIAL MORTGAGE TRUST 2020-C6 N/A BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2020 C6 F5TA 144A 05492TBF6 1000000.000000 PA USD 814488.600000 1.15786 Long ABS-MBS CORP US N 2 2053-02-15 Variable 3.68835 N N N N N N N/A N/A BNP PARIBASBNPP SA REPO - 23Jul26 000000000 -1306930.000000 PA USD -1318198.640000 -1.87392 Short RA US N 2 Reverse repurchase N 4.850000 2026-07-23 2198848.880000 USD 1885505.440000 USD PLCMO N N N COREWEAVE INC 984500511DP2B6186053 COREWEAVE INC COMPANY GUAR 144A 02/31 9 21873SAC2 600000.000000 PA USD 571661.340000 0.812661 Long DBT CORP US N 2 2031-02-01 Fixed 9 N N N N N N UNITED STATES GOVT 254900HROIFWPRGM1V77 TREASURY BILL 04/26 0.00000 912797TJ6 192000.000000 PA USD 191613.550000 0.272394 Long DBT UST US N 2 2026-04-21 None 0 N N N N N N COREWEAVE COMPUTE ACQUISITION CO II LLC N/A COREWEAVE CMPTE ACQU CO II LLC 2024 DELAYED DRAW TERM LOAN BA0004JK4 465800.480000 PA USD 480025.780000 0.682394 Long LON CORP US N 3 2029-05-30 Floating 9.6993 N N N N N N CBA COMMERCIAL SMALL BALANCE CMM 2006-2A N/A CBS COMMERCIAL SMALL BALANCE C CBAC 2006 2A A 144A 14983CAA3 60234.870000 PA USD 57816.530000 0.0821907 Long ABS-MBS CORP US N 2 2039-01-25 Variable 6.04 N N N N N N BEAR STEARNS COMM MTGE SEC 2006-T24 N/A BEAR STEARNS COMMERCIAL MORTGA BSCMS 2006 T24 B 144A 07388NAH9 9118.370000 PA USD 9031.230000 0.0128386 Long ABS-MBS CORP US N 2 2041-10-12 Variable 5.657 N N N N N N RESIDENTIAL FUNDING MTG SEC I 2006-S5 N/A RESIDENTIAL FUNDING MTG SEC I RFMSI 2006 S5 A12 74957EAM9 65251.060000 PA USD 55644.690000 0.0791032 Long ABS-MBS CORP US N 2 2036-06-25 Fixed 6 N N N N N N FREDDIE MAC REMICS 4265 N/A FREDDIE MAC FHR 4265 IA 3137B5RQ8 72290.340000 PA USD 2087.150000 0.002967 Long ABS-MBS USGSE US N 2 2040-03-15 Fixed 5 N N N N N N MORGAN STANLEY MTGE LN TR 2007-12 N/A MORGAN STANLEY MORTGAGE LOAN T MSM 2007 12 3A1 61755GAJ2 136134.100000 PA USD 42525.180000 0.0604528 Long ABS-MBS CORP US N 2 2037-08-25 Fixed 6 N N N N N N BCAP LLC TRUST 2011-R11 N/A BCAP LLC TRUST BCAP 2011 R11 8A7 144A 05533FCN9 32234.650000 PA USD 26857.810000 0.0381805 Long ABS-MBS CORP US N 2 2036-07-26 Floating 4.18172 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -493425.000000 PA USD -499410.520000 -0.709951 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 600000.000000 USD 571661.340000 USD CDS N N N N/A N/A RFRF USD SF+26.161/1.2* 9/15/23-3Y* CME 000000000 1.000000 NC USD -3438.060000 -0.0048875 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2026-12-15 0.000000 USD -640.840000 USD 200000.000000 USD -2797.220000 N N N FLAGSHIP CREDIT AUTO TRUST 2022-1 N/A FLAGSHIP CREDIT AUTO TRUST FCAT 2022 1 R 144A 33845V101 14000.000000 PA USD 0.000000 0 Long ABS-O CORP US N 3 2029-06-15 Fixed 0 N N N N N N BOMBARDIER CAPITAL MTGE SEC BCM 2000 A N/A BOMBARDIER CAPITAL MORTGAGE SE BCM 2000 A A3 09774XBP6 1184532.320000 PA USD 66199.600000 0.0941079 Long ABS-O CORP US N 2 2030-06-15 Variable 7.83 N N N N N N NATIONAL COLLEGIATE V COMMUTATION TRUST 2007-43A6 N/A NATIONAL COLLEGIATE V COMMUTAT NCVCT 2007 43A6 1O 144A 63546GAA1 1300000.000000 PA USD 192543.000000 0.273715 Long ABS-O CORP US N 2 2038-03-25 Floating 0 N N N N N N CLARITEV CORPORATION N/A CLARITEV CORP SR SECURED 144A 03/31 6.75 62548MAA8 520313.000000 PA USD 338203.450000 0.480782 Long DBT CORP US N 2 2031-03-31 Fixed 6.75 N N Y N N N VENTURE GLOBAL PLAQUEMINES LNG LLC 549300TKP4I6OJ02BF90 VENTURE GLOBAL PLAQUE SR SECURED 144A 01/36 6.75 922966AD8 200000.000000 PA USD 211960.400000 0.301318 Long DBT CORP US N 2 2036-01-15 Fixed 6.75 N N N N N N NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020-RPL1 N/A NEW RESIDENTIAL MORTGAGE LOAN NRZT 2020 RPL1 B5 144A 64828XAJ2 2900000.000000 PA USD 1704012.160000 2.42239 Long ABS-MBS CORP US N 2 2059-11-25 Floating 3.82808 N N N N N N N/A N/A RFRF USD SF+26.161/1.70 7/12/23-6Y* CME 000000000 1.000000 NC USD -123897.110000 -0.176129 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2029-01-12 0.000000 USD -5943.750000 USD 2000000.000000 USD -117953.360000 N N N EPIQ (DTI HOLDCO INC) 549300QQVMUL3P8XVJ27 DTI HOLDCO INC 2025 TERM LOAN B 23358EAK5 452703.100000 PA USD 391966.190000 0.55721 Long LON CORP US N 2 2029-04-26 Floating 7.6677 N N N N N N RESIDENTIAL ACCREDIT LOANS 2006-QS7 N/A RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QS7 A1 748940AA1 46525.560000 PA USD 37144.540000 0.0528038 Long ABS-MBS CORP US N 2 2036-06-25 Fixed 6 N N N N N N N/A N/A BNYMELLONRE RBC BARBADOS REPO - 09Jun26 000000000 -551754.940000 PA USD -553432.890000 -0.786748 Short RA US N 2 Reverse repurchase N 4.760000 2026-06-09 2234730.400000 USD 777425.160000 USD PLCMO N N N N/A N/A BNYMELLONRE FIRM SECURED FINAN REPO - 27Jul26 000000000 -458183.000000 PA USD -462104.280000 -0.656917 Short RA US N 2 Reverse repurchase N 4.740000 2026-07-27 1220585.820000 USD 605894.770000 USD PLCMO N N N N/A N/A BARCLAYS BANK PLC LONDON BRANC REPO - 31Dec36 000000000 -831818.250000 PA USD -834764.270000 -1.18668 Short RA US N 2 Reverse repurchase N 2.500000 2028-02-09 1065000.000000 USD 1002848.320000 USD CDS N N N GE CAPITAL MTG SERVICES 1999-HE1 N/A GE CAPITAL MTG SERVICES INC GECMS 1999 HE1 M 36157RD93 9284.350000 PA USD 8360.790000 0.0118855 Long ABS-MBS CORP US N 2 2029-04-25 Fixed 6.705 N N N N N N TEKNI-PLEX (TRIDENT TPI HOLDINGS INC) 549300TPLK304J3RNC85 TRIDENT TPI HOLDINGS INC 2024 TERM LOAN B7 00216EAL3 297738.690000 PA USD 282711.820000 0.401897 Long LON CORP US N 2 2028-09-15 Floating 7.4496 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -218609.380000 PA USD -221261.230000 -0.31454 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 250000.000000 USD 260769.820000 USD CDS N N N LEHMAN XS TRUST 2005-6 N/A LEHMAN XS TRUST LXS 2005 6 3A3A 525221DJ3 635184.740000 PA USD 286730.970000 0.40761 Long ABS-MBS CORP US N 2 2035-11-25 Variable 6.26 N N N N N N BEAR STEARNS ALT-A TRUST 2006-6 N/A BEAR STEARNS ALT A TRUST BALTA 2006 6 32A1 073868BE0 419316.720000 PA USD 209053.750000 0.297186 Long ABS-MBS CORP US N 2 2036-11-25 Floating 4.43307 N N N N N N FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC N/A FERTITTA ENTERTAINMENT COMPANY GUAR 144A 01/30 6.75 31556TAC3 400000.000000 PA USD 373926.960000 0.531566 Long DBT CORP US N 2 2030-01-15 Fixed 6.75 N N N N N N VISTA MANAGEMENT HOLDING INC 5299005VABKD28UWHI65 VISTAJET MALTA FINANCE P.L.C 2025 TERM LOAN B 92842EAB4 99000.000000 PA USD 98149.590000 0.139527 Long LON CORP US N 2 2031-04-01 Floating 6.77333 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -444656.250000 PA USD -450050.180000 -0.639781 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 500000.000000 USD 502258.500000 USD CDS N N N BANC OF AMERICA FUNDING CORP 2004-B N/A BANC OF AMERICA FUNDING CORPOR BAFC 2004 B 1A2 05946XHW6 81976.350000 PA USD 69511.920000 0.0988166 Long ABS-MBS CORP US N 2 2034-12-20 Floating 2.76537 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -459531.250000 PA USD -465105.620000 -0.661184 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 500000.000000 USD 518847.500000 USD CDS N N N COUNTRYWIDE HOME LOANS 2007-4 N/A COUNTRYWIDE HOME LOANS CWHL 2007 4 1A1 12544RAA6 175023.740000 PA USD 68049.510000 0.0967376 Long ABS-MBS CORP US N 2 2037-05-25 Fixed 6 N N N N N N N/A N/A CDX HY46 5Y ICE 000000000 1.000000 NC USD 89239.340000 0.126861 N/A DCR US N 2 INTERCONTINENTAL EXCHANGE 5493000F4ZO33MV32P92 N/A CDX.NA.HY.46 Y Single Leg Swap 2031-06-20 66780.000000 USD 0.000000 USD 1800000.000000 USD 22459.340000 N N N MASTR ASSET SECURITIZATION TRUST 2006-2 N/A MASTR ASSET SECURITIZATION TRU MASTR 2006 2 1A11 55274QAL9 136972.620000 PA USD 73945.310000 0.105119 Long ABS-MBS CORP US N 2 2036-06-25 Floating 6 N N N N N N FIRST FRANKLIN MORTGAGE LOAN TRUST SERIES 2005-FFH1 N/A FIRST FRANKLIN MTG LOAN ASSET FFML 2005 FFH1 M3 32027NTC5 314663.760000 PA USD 310003.460000 0.440694 Long ABS-MBS CORP US N 2 2036-06-25 Floating 4.66303 N N N N N N N/A N/A UBS SECURITIES LLC REPO - 08Apr26 000000000 -5400515.550000 PA USD -5461028.320000 -7.76327 Short RA US N 2 Reverse repurchase N 4.860000 2026-04-08 6207489.140000 USD 5266409.580000 USD PLCMO N N N N/A N/A RFRF USD SF+26.161/3.00 9/19/23-15Y* CME 000000000 1.000000 NC USD 631449.940000 0.897655 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2038-12-19 13219.210000 USD 0.000000 USD 5200000.000000 USD 618230.730000 N N N AMSURG LLC N/A ENVISION HEALTHCARE CORPORTION 2023 1ST LIEN FIRST OUT TL 949ABEII2 84085.310000 PA USD 84085.310000 0.119534 Long LON CORP US N 3 2026-11-03 Floating 11.6408 N N N N N N ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL N/A ION PLAT FIN US/SARL SR SECURED 144A 08/29 9 46206AAF9 100000.000000 PA USD 92816.760000 0.131946 Long DBT CORP US N 2 2029-08-01 Fixed 9 N N N N N N COUNTRYWIDE HOME LOANS 2007-HY4 N/A COUNTRYWIDE HOME LOANS CWHL 2007 HY4 1A1 17025RAA3 144224.400000 PA USD 131162.560000 0.186458 Long ABS-MBS CORP US N 2 2047-09-25 Floating 4.59154 N N N N N N DISH DBS CORPORATION N/A DISH DBS CORP SR SECURED 144A 12/28 5.75 25470XBF1 400000.000000 PA USD 387119.020000 0.55032 Long DBT CORP US N 2 2028-12-01 Fixed 5.75 N N N N N N INCORA TOP HOLDCO LLC N/A INCORA NEW EQUITY 955PRF008 47162.000000 NS USD 1786212.640000 2.53924 Long EC CORP US Y 3 N N N FANNIE MAE 2020-37 N/A FANNIE MAE FNR 2020 37 IA 3136B9T56 508250.220000 PA USD 95907.020000 0.136339 Long ABS-MBS USGSE US N 2 2050-06-25 Fixed 4 N N N N N N FREDDIE MAC STACR REMIC TRUST 2021-DNA7 N/A FREDDIE MAC STACR STACR 2021 DNA7 B2 144A 35564KNE5 1100000.000000 PA USD 1137634.410000 1.61724 Long ABS-MBS USGSE US N 2 2041-11-25 Floating 11.4619 N N N N N N NEWFOLD DIGITAL HOLDINGS GROUP INC 549300UTQC2651SB0W88 NEWFOLD DIGITAL HLDGS GRP INC. 2025 TRANCHE A TERM LOAN 65131PAC3 132720.810000 PA USD 97833.820000 0.139078 Long LON CORP US N 2 2029-04-30 Floating 7.2691 N N N N N N LEALAND FINANCE COMPANY BV N/A LEALAND FINANCE COMPANY B.V. 2020 TAKE BACK TL N5200EAB7 229061.720000 PA USD 191552.860000 0.272307 Long LON CORP US N 2 2027-12-31 Fixed 7.7822 N N Y N N N VOYAGER AVIATION HOLDINGS LLC 549300KHOKL1CX4NIJ92 VOYAGER AVIATION HOLD SR SECURED 144A 05/26 8.5 92918XAA3 980090.590000 PA USD 0.010000 0 Long DBT CORP US N 3 2026-05-09 Fixed 8.5 Y Y N N N N ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL N/A ION PLAT FIN US/SARL SR SECURED 144A 05/29 8.75 46206AAD4 260000.000000 PA USD 242066.570000 0.344116 Long DBT CORP US N 2 2029-05-01 Fixed 8.75 N N N N N N BEAR STEARNS ASSET BACKED SECURITIES TRUST 2006-AC1 N/A BEAR STEARNS ASSET BACKED SECU BSABS 2006 AC1 21A1 07387UCT6 20927.560000 PA USD 13226.830000 0.018803 Long ABS-MBS CORP US N 2 2035-12-25 Fixed 5.5 N N N N N N AMSURG (AMBULATORY TOPCO LLC) N/A AMSURG EQUITY EQTYAS910 902RDL901 81058.000000 NS USD 3564519.630000 5.06724 Long EC CORP US Y 3 N N N N/A N/A RFRF USD SF+26.161/1.6* 8/03/23-27Y* CME 000000000 1.000000 NC USD 173648.060000 0.246854 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2050-02-03 0.000000 USD -1610.180000 USD 400000.000000 USD 175258.240000 N N N SCHUMACHER GROUP (ONEX TSG INTERMEDIATE CORP) 5493006IJC5WXT1WJK88 ONEX TSG INTERMEDIATE CORP 2026 TERM LOAN B 68276QAP1 400000.000000 PA USD 402700.000000 0.572469 Long LON CORP US N 2 2032-08-06 Floating 6.9496 N N N N N N MFA 2022-RPL1 TRUST N/A MFRA TRUST MFRA 2022 RPL1 M1 144A 55285TAC0 1000000.000000 PA USD 861468.100000 1.22464 Long ABS-MBS CORP US N 2 2061-08-25 Variable 4.26893 N N N N N N COUNTRYWIDE ALTERNATIVE LN TR 2005-81 N/A COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 81 A1 12668BBN2 90772.280000 PA USD 76184.730000 0.108303 Long ABS-MBS CORP US N 2 2037-02-25 Floating 4.35303 N N N N N N BANK OF AMERICA MTG SEC 2002-E N/A BANC OF AMERICA MORTGAGE SECUR BOAMS 2002 E A1 06050HJH2 52460.420000 PA USD 53029.160000 0.0753851 Long ABS-MBS CORP US N 2 2031-06-20 Floating 6.3336 N N N N N N FS KKR CAPITAL CORP 549300TYRSI1T21B1360 FS KKR CAPITAL CORP SR UNSECURED 01/29 7.875 302635AM9 400000.000000 PA USD 404665.080000 0.575263 Long DBT CORP US N 2 2029-01-15 Fixed 7.875 N N N N N N VICI PROPERTIES INC 254900RKH6RY9KCJQH63 VICI PROPERTIES INC REIT USD.01 925652109 13531.000000 NS USD 369666.920000 0.52551 Long EC CORP US N 1 N N N N/A N/A SCOTIA CAPITAL (USA) INC.AS AG REPO - 21Apr26 000000000 -505125.000000 PA USD -509210.900000 -0.723883 Short RA US N 2 Reverse repurchase N 4.160000 2026-04-21 500000.000000 USD 538360.000000 USD CDS N N N N/A N/A SCOTIA CAPITAL (USA) INC.AS AG REPO - 31Dec35 000000000 -271920.000000 PA USD -275201.920000 -0.391221 Short RA US N 2 Reverse repurchase N 3.950000 2027-12-12 300000.000000 USD 322343.400000 USD CDS N N N CITIGROUP MORTGAGE LOAN TRUST 2010-4 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2010 4 3A6 144A 17315QAN6 650976.620000 PA USD 245014.910000 0.348308 Long ABS-MBS CORP US N 2 2037-11-25 Variable 6.25 N N N N N N MARLETTE FUNDING TRUST 2020-1A N/A MARLETTE FUNDING TRUST MFT 2020 1A CERT 144A 57109J108 8397.000000 PA USD 2748.050000 0.0039066 Long ABS-O CORP US N 3 2030-03-15 Fixed 0 N N N N N N BEAR STEARNS ALT-A TRUST 2007-1 N/A BEAR STEARNS ALT A TRUST BALTA 2007 1 21A1 07386XAH9 19495.560000 PA USD 9390.380000 0.0133492 Long ABS-MBS CORP US N 2 2047-01-25 Floating 4.59076 N N N N N N SOLENIS (OLYMPUS WATER US HOLDING CORPORATION) 549300YU2GGVCBN3MY89 OLYMPUS WTR US HLDG CORP SR SECURED 144A 06/31 7.25 681639AD2 200000.000000 PA USD 195546.560000 0.277985 Long DBT CORP US N 2 2031-06-15 Fixed 7.25 N N N N N N MORTGAGE EQUITY CONVER ASSET TR 2010-1A N/A MORTGAGE EQUITY CONVERSION ASS MECA 2010 1A A 144A 61911BAA3 23713.020000 PA USD 22748.490000 0.0323387 Long ABS-MBS CORP US N 2 2060-07-25 Fixed 4 N N N N N N STRUCTURED ADJ RATE MTG LN 2006-3 N/A STRUCTURED ADJUSTABLE RATE MOR SARM 2006 3 4A 863579Y69 138536.660000 PA USD 70959.350000 0.100874 Long ABS-MBS CORP US N 2 2036-04-25 Floating 3.98085 N N N N N N MASTR ADJ RATE MTGE TRUST 2007-R5 N/A MASTR ADJUSTABLE RATE MORTGAGE MARM 2007 R5 A1 144A 57645WAA8 155604.110000 PA USD 63216.390000 0.089867 Long ABS-MBS CORP US N 2 2035-11-25 Floating 5.31432 N N N N N N SYNIVERSE HOLDINGS LLC 549300CYZBHMZC8VLL59 SYNIVERSE HOLDINGS, LLC 2022 TERM LOAN 87168TAB7 1064386.340000 PA USD 985887.850000 1.40152 Long LON CORP US N 3 2027-05-13 Floating 10.6996 N N N N N N WELLS FARGO COMMERCIAL MORTGAGE TRUST 2022-ONL N/A WELLS FARGO COMMERCIAL MORTGAG WFCM 2022 ONL C 144A 95003WAG1 1042000.000000 PA USD 937156.460000 1.33224 Long ABS-MBS CORP US N 2 2039-12-15 Variable 4.92766 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -86100.000000 PA USD -87144.440000 -0.123883 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 100000.000000 USD 102310.700000 USD CDS N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -175950.000000 PA USD -178084.370000 -0.253161 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 200000.000000 USD 211960.400000 USD CDS N N N N/A N/A BNYMELLONRE FIRM SECURED FINAN REPO - 27Jul26 000000000 -985235.000000 PA USD -993666.970000 -1.41257 Short RA US N 2 Reverse repurchase N 4.740000 2026-07-27 1547350.950000 USD 1338014.790000 USD PLCMO N N N INCORA TOP HOLDCO LLC N/A INCORA TOP HOLDCO LLC CONV PIK PRE COMP 955PRK007 1074091.260000 PA USD 1626733.770000 2.31253 Long DBT CORP US Y 3 2033-01-30 Fixed 6 N N Y Y N INCORA TOP HOLDCO LLC INCORA NEW EQUITY USD XXXX N N N VENTURE GLOBAL LNG INC 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC SR SECURED 144A 02/32 9.875 92332YAD3 300000.000000 PA USD 322343.400000 0.458236 Long DBT CORP US N 2 2032-02-01 Fixed 9.875 N N N N N N COUNTRYWIDE ASSET-BACKED CERT 2005-4 N/A COUNTRYWIDE ASSET BACKED CERTI CWL 2005 4 MV7 126673R53 2195689.790000 PA USD 1882796.530000 2.67654 Long ABS-MBS CORP US N 2 2035-10-25 Floating 5.66803 N N N N N N N/A N/A RFRF USD SF+26.161/0.50 9/16/23-5Y* CME 000000000 1.000000 NC USD -10038.720000 -0.0142708 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2028-06-16 0.000000 USD -5103.970000 USD 140000.000000 USD -4934.750000 N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 04May26 000000000 -385795.850000 PA USD -387549.080000 -0.550931 Short RA US N 2 Reverse repurchase N 4.090000 2026-05-04 400000.000000 USD 404665.080000 USD CDS N N N JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-WPT N/A JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 WPT BFL 144A 46645WAC7 843000.000000 PA USD 738865.470000 1.05035 Long ABS-MBS CORP US N 2 2033-07-05 Floating 5.16 N N N N N N BEAR STEARNS ALT-A TRUST 2006-3 N/A BEAR STEARNS ALT A TRUST BALTA 2006 3 22A1 07386HL33 20857.550000 PA USD 14997.650000 0.0213203 Long ABS-MBS CORP US N 2 2036-05-25 Floating 4.0744 N N N N N N STRUCTURED ASSET INV LN TR 2003-BC10 N/A STRUCTURED ASSET INVESTMENT LO SAIL 2003 BC10 B 86359A2N2 67685.180000 PA USD 87455.360000 0.124325 Long ABS-MBS CORP US N 2 2033-10-25 Floating 8.29303 N N N N N N MCDERMOTT INTERNATIONAL LTD 54930004RAXI4B3L4752 MCDERMOTT INTERNATIONAL LTD COMMON STOCK USD1.0 G5924V148 57.000000 NS USD 1407.900000 0.0020014 Long EC CORP BM N 1 N N N SPECIALTY BUILDING PRODUCTS HOLDINGS LLC / SBP FINANCE CORP N/A SPECIALTY BUILDING PRODU SR SECURED 144A 10/29 7.75 84749AAC1 100000.000000 PA USD 86913.600000 0.123554 Long DBT CORP US N 2 2029-10-15 Fixed 7.75 N N N N N N IHEARTMEDIA INC N/A IHEARTMEDIA INC CLASS A COMMON STOCK 45174J509 25745.000000 NS USD 75175.400000 0.106868 Long EC CORP US N 1 N N N QUIDELORTHO CORPORATION 549300YU8CMO9HF53113 QUIDELORTHO CORP TERM LOAN 74840YAH7 497500.000000 PA USD 497500.000000 0.707235 Long LON CORP US N 2 2032-08-20 Floating 7.6677 N N N N N N N/A N/A MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26 000000000 -606859.410000 PA USD -607495.940000 -0.863603 Short RA US N 2 Reverse repurchase N 4.720000 2026-09-24 4008980.390000 USD 910694.020000 USD PLCMO N N N N/A N/A RFRF USD SF+26.161/1.4* 04/07/21-30Y LCH 000000000 1.000000 NC USD 610692.800000 0.868147 N/A DIR US N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 N/A USD-SOFR-COMPOUND Y 2051-04-07 0.000000 USD -550.970000 USD 1300000.000000 USD 611243.770000 N N N COUNTRYWIDE ALTERNATIVE LOAN TRUST 2006-8T1 N/A COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 8T1 1A5 12668BMJ9 2139489.270000 PA USD 960973.640000 1.3661 Long ABS-MBS CORP US N 2 2036-04-25 Fixed 6 N N N N N N UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC N/A UNITI GRP/UNITI HLD/CSL COMPANY GUAR 144A 01/30 6 91327AAB8 1065000.000000 PA USD 1002848.310000 1.42563 Long DBT CORP US N 2 2030-01-15 Fixed 6 N N N N N N ASPIRE BAKERIES HOLDINGS LLC 549300MWN7R72KAKOD18 ASPIRE BAKERIES HOLDINGS LLC 2025 REPRICED TERM LOAN 02106XAK2 198000.000000 PA USD 198495.000000 0.282176 Long LON CORP US N 3 2030-12-23 Floating 6.6677 N N N N N N BEAR STEARNS ALT-A TRUST 2005-5 N/A BEAR STEARNS ALT A TRUST BALTA 2005 5 26A1 07386HUN9 84517.690000 PA USD 56494.530000 0.0803114 Long ABS-MBS CORP US N 2 2035-07-25 Floating 4.34931 N N N N N N PATTERSON (PARADIGM PARENT LLC/PARADIGM PARENT CO-ISSUER INC) N/A PARADIGM PRNT/CO ISSUER SR SECURED 144A 04/32 8.75 69902PAA6 100000.000000 PA USD 88938.590000 0.126433 Long DBT CORP US N 2 2032-04-17 Fixed 8.75 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 08Apr26 000000000 -210226.250000 PA USD -210593.270000 -0.299375 Short RA US N 2 Reverse repurchase N 4.190000 2026-04-08 260000.000000 USD 242066.570000 USD CDS N N N ASURION LLC (AKA: ASURION CORP) 549300KNQVXGIOXWK278 ASURION LLC 2022 TERM LOAN B10 04649VBB5 295456.390000 PA USD 286040.190000 0.406628 Long LON CORP US N 2 2028-08-19 Floating 7.7677 N N N N N N HSI ASSET SEC CORP TRUST 2006-HE2 N/A HSI ASSET SECURITIZATION CORPO HASC 2006 HE2 2A3 44328BAE8 3990160.630000 PA USD 906418.850000 1.28854 Long ABS-MBS CORP US N 2 2036-12-25 Floating 4.13303 N N N N N N N/A N/A MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26 000000000 -2087273.410000 PA USD -2089462.730000 -2.97033 Short RA US N 2 Reverse repurchase N 4.720000 2026-09-24 7294970.400000 USD 3183002.760000 USD PLCMO N N N N/A N/A RFRF USD SF+26.161/2.00 7/15/23-27Y* CME 000000000 1.000000 NC USD 37744.200000 0.0536563 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2050-01-15 0.000000 USD -693.890000 USD 100000.000000 USD 38438.090000 N N N CROWN CITY CLO 2020-2A N/A CROWN CITY CLO CCITY 2020 2A SUB 144A 22823JAC1 600000.000000 PA USD 168153.870000 0.239044 Long ABS-CBDO CORP KY N 2 2035-04-20 Floating 0 N N N N N N COUNTRYWIDE ASSET-BACKED CERT 2006-11 N/A COUNTRYWIDE ASSET BACKED CERTI CWL 2006 11 MV1 12666TAL0 4152847.370000 PA USD 3452399.060000 4.90785 Long ABS-MBS CORP US N 2 2046-09-25 Floating 4.19803 N N N N N N SYNIVERSE CORPORATION N/A SYNIVERSE PFD PIK PFDJJZ917 936UVD902 476429.750000 NS USD 400849.410000 0.569839 Long EP CORP US Y 3 N N N PACIFIC GAS AND ELECTRIC CO 1HNPXZSMMB7HMBMVBS46 PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/45 4.3 694308HL4 463000.000000 PA USD 362100.850000 0.514754 Long DBT CORP US N 2 2045-03-15 Fixed 4.3 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -89462.500000 PA USD -90547.730000 -0.128721 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 100000.000000 USD 102143.700000 USD CDS N N N AVIENT CORPORATION SM8L9RZYIB34LNTWO040 AVIENT CORP SR UNSECURED 144A 11/31 6.25 05368VAB2 100000.000000 PA USD 100782.400000 0.14327 Long DBT CORP US N 2 2031-11-01 Fixed 6.25 N N N N N N JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-ASH8 N/A JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 ASH8 D 144A 46649JAL2 205696.200000 PA USD 198689.670000 0.282453 Long ABS-MBS CORP US N 2 2035-02-15 Floating 6.02 N N N N N N MLCC MORTGAGE INVESTORS INC 2005-3 N/A MLCC MORTGAGE INVESTORS INC MLCC 2005 3 1A 59020UL37 29825.050000 PA USD 29161.940000 0.041456 Long ABS-MBS CORP US N 2 2035-11-25 Floating 5.27654 N N N N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 08Apr26 000000000 -338251.680000 PA USD -341394.510000 -0.485319 Short RA US N 2 Reverse repurchase N 4.030000 2026-04-08 439000.000000 USD 343331.050000 USD CDS N N N CONSECO FINANCE SECUR CORP 2002-2 N/A CONSECO FINANCE SECURITIZATION CNF 2002 2 M2 20846QJZ2 525516.410000 PA USD 541282.640000 0.769475 Long ABS-O CORP US N 2 2033-03-01 Variable 9.163 N N N N N N LIFEPOINT HEALTH INC 549300G8ZVHRTBBBSZ90 LIFEPOINT HEALTH INC SR SECURED 144A 10/30 11 53219LAW9 500000.000000 PA USD 538360.000000 0.76532 Long DBT CORP US N 2 2030-10-15 Fixed 11 N N N N N N MERCURY AGGREGATOR LP N/A MERCURY AGGREGATOR L P TRANCHE 1 TERM LOAN BA000FDV1 253343.900000 PA USD 0.000000 0 Long LON CORP US N 3 2027-04-03 Fixed 0 N N N N N N DRYDEN 123 CLO LTD 2025-123A N/A DRSLF 2025 123A SUB 144A FEE FEE0019N8 958WYTII4 600000.000000 PA USD 13180.270000 0.0187368 Long ABS-CBDO CORP US N 3 2038-04-15 None 0 N N N N N N UNITED STATES GOVT 254900HROIFWPRGM1V77 TREASURY BILL 05/26 0.00000 912797TT4 7000.000000 PA USD 6961.110000 0.0098958 Long DBT UST US N 2 2026-05-26 None 0 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -162200.000000 PA USD -164167.580000 -0.233377 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 200000.000000 USD 182833.440000 USD CDS N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 16Jun26 000000000 -351695.000000 PA USD -352345.250000 -0.500886 Short RA US N 2 Reverse repurchase N 4.160000 2026-06-16 400000.000000 USD 405901.200000 USD CDS N N N ADJUSTABLE RATE MORTAGE TRUST 2005-10 N/A ADJUSTABLE RATE MORTGAGE TRUST ARMT 2005 10 1A1 007036TA4 42752.030000 PA USD 40989.930000 0.0582704 Long ABS-MBS CORP US N 2 2036-01-25 Floating 5.5293 N N N N N N N/A N/A RFR USD SOFR/1.75000 06/15/22-30Y CME 000000000 1.000000 NC USD 1302434.030000 1.85151 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2052-06-15 714907.200000 USD 0.000000 USD 3200000.000000 USD 587526.830000 N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -257523.850000 PA USD -260647.760000 -0.370531 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 289230.770000 USD 297414.840000 USD CDS N N N N/A N/A BNP PARIBASBNPP SA REPO - 23Jul26 000000000 -1613846.000000 PA USD -1627760.940000 -2.31399 Short RA US N 2 Reverse repurchase N 4.850000 2026-07-23 2306812.730000 USD 2043665.610000 USD PLCMO N N N PADAGIS LLC N/A PADAGIS LLC TERM LOAN B 69526PAC8 345966.250000 PA USD 319153.870000 0.453702 Long LON CORP US N 3 2028-07-06 Floating 8.658 N N N N N N COUNTRYWIDE ALTERNATIVE LOANTR 2006-OC2 N/A COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 OC2 2A3 12668BRG0 314828.500000 PA USD 296665.850000 0.421733 Long ABS-MBS CORP US N 2 2036-02-25 Floating 4.37303 N N N N N N HOWARD MIDSTREAM ENERGY PARTNERS LLC N/A HOWARD MIDSTREAM ENERGY SR UNSECURED 144A 01/34 6.625 442722AD6 500000.000000 PA USD 502258.500000 0.713999 Long DBT CORP US N 2 2034-01-15 Fixed 6.625 N N N N N N N/A N/A UBS SECURITIES LLC REPO - 19May26 000000000 -101505.400000 PA USD -103312.930000 -0.146867 Short RA US N 2 Reverse repurchase N 4.820000 2026-05-19 134124.480000 USD 124033.100000 USD PLCMO N N N UNITED STATES GOVT 254900HROIFWPRGM1V77 US TREASURY N/B 08/35 4.25 91282CNT4 63000.000000 PA USD 62773.590000 0.0892375 Long DBT UST US N 2 2035-08-15 Fixed 4.25 N N N N N N BANK OF AMERICA MTG SEC 2005-3 N/A BANC OF AMERICA MORTGAGE SECUR BOAMS 2005 E 3A1 05949A6L9 18827.990000 PA USD 18255.960000 0.0259523 Long ABS-MBS CORP US N 2 2035-06-25 Floating 4.87191 N N N N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 26May26 000000000 -274145.440000 PA USD -275269.430000 -0.391317 Short RA US N 2 Reverse repurchase N 4.100000 2026-05-26 291888.720000 USD 293021.530000 USD CDS N N N N/A N/A 3 MONTH SOFR FUT MAR26 XCME 20260616 000000000 -1.000000 NC USD 3835.070000 0.0054518 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 Short N/A 90SOFR 2026-06-16 -240815.630000 USD 3835.070000 N N N ENCINA SPV N/A ENCINA PRIVATE CREDIT LLC NOTE 938DREII2 35679.200000 PA USD 29501.210000 0.0419383 Long DBT CORP US N 3 2026-11-30 Floating 0 N N N N N N COLUMBUS MCKINNON CORPORATION 549300W3HQB0HO1F3G69 COLUMBUS MCKINNON CORP SR SECURED 144A 02/33 7.125 199333AK1 100000.000000 PA USD 100047.500000 0.142225 Long DBT CORP US N 2 2033-02-01 Fixed 7.125 N N N N N N DATABRICKS INC 984500FEDAC7FBD96273 DATABRICKS INC 2025 DELAYED DRAW TERM LOAN 23803RAF8 90611.350000 PA USD 90158.290000 0.128167 Long LON CORP US N 2 2032-01-05 Floating 1 N N N N N N CHOBANI LLC / CHOBANI FINANCE CORP INC N/A CHOBANI LLC/FINANCE CORP SR UNSECURED 144A 07/29 7.625 17027NAC6 100000.000000 PA USD 102310.700000 0.145443 Long DBT CORP US N 2 2029-07-01 Fixed 7.625 N N N N N N UNITI GROUP INC 549300V3NU625PJUVA84 NEW WINDSTREAM PREFERRED STOCK 990AAJEB9 332.820000 NS USD 354172.920000 0.503484 Long EP CORP US N 3 N N N WASHINGTON MUTUAL 2005-AR13 N/A WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 B1 92922F4Y1 2278144.760000 PA USD 2018267.900000 2.86912 Long ABS-MBS CORP US N 2 2045-10-25 Floating 4.69303 N N N N N N DATABRICKS INC 984500FEDAC7FBD96273 DATABRICKS INC 2025 1ST AMENDMENT TERM LOAN 23803RAE1 409388.640000 PA USD 407341.700000 0.579068 Long LON CORP US N 2 2032-01-05 Floating 8.1712 N N N N N N N/A N/A BONYTORONTO DOMINION SECURITIE REPO - 31Dec35 000000000 -18107.100000 PA USD -18314.580000 -0.0260356 Short RA US N 2 Reverse repurchase N 3.750000 2027-12-12 24000.000000 USD 18769.810000 USD CDS N N N COHESITY INC 254900JU2GC36CXYYG09 CLOVER 2024 HOLDINGS INC VERITAS G 1 PREFERRED 955EKAII3 664.000000 NS USD 12558.440000 0.0178528 Long EP CORP US Y 3 N N N NATIONAL COLLEGIATE V COMMUTATION TRUST 2007-33A5 N/A NATIONAL COLLEGIATE V COMMUTAT NCVCT 2007 33A5 1O 144A 63546CAA0 1097744.050000 PA USD 167809.940000 0.238555 Long ABS-O CORP US N 2 2038-03-25 Floating 0 N N N N N N SVB FINANCIAL TRUST N/A SVB FINL TR 000000000 440.000000 NS USD 28.600000 0.0000407 Long EP CORP US N 2 N N N UNITI GROUP INC 549300V3NU625PJUVA84 UNITI GROUP INC COMMON STOCK USD.0001 912932100 20942.000000 NS USD 196435.960000 0.279249 Long EC CORP US N 1 N N N N/A N/A CREDIT AGRICOLE SECURITIES (US REPO - 26May26 000000000 -753244.290000 PA USD -754069.090000 -1.07197 Short RA US N 2 Reverse repurchase N 4.380000 2026-05-26 1042000.000000 USD 937156.460000 USD PLCMO N N N JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP 2011-C3 N/A JP MORGAN CHASE COMMERCIAL MOR JPMCC 2011 C3 XB 144A 46635TAR3 49718071.590000 PA USD 50488.700000 0.0717736 Long ABS-MBS CORP US N 3 2046-02-15 Fixed 0.383014 N N N N N N CITIGROUP MTGE LOAN TR INC 2007-AMC1 N/A CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AMC1 A2C 17311BAC7 580983.280000 PA USD 216788.160000 0.308181 Long ABS-MBS CORP US N 2 2036-12-25 Floating 4.23303 N N N N N N CONSECO FINANCE SECURITIZATION 2000-5 N/A CONSECO FINANCE SECURITIZATION CNF 2000 5 A6 20846QEQ7 323802.240000 PA USD 55698.840000 0.0791802 Long ABS-O CORP US N 2 2031-05-01 Fixed 7.96 N N N N N N STRUCTURED ADJ RATE MTGE LOAN 2006-8 N/A STRUCTURED ADJUSTABLE RATE MOR SARM 2006 8 4A3 86361JAY6 7912.420000 PA USD 7294.240000 0.0103693 Long ABS-MBS CORP US N 2 2036-09-25 Floating 4.62215 N N N N N N SERVICE PROPERTIES TRUST 529900IS770AG1K9QG27 SERVICE PROPERTIES TRUST SR SECURED 144A 09/28 0.00000 81761LAF9 100000.000000 PA USD 91104.530000 0.129512 Long DBT CORP US N 2 2028-09-30 None 0 N N N N N N N/A N/A UBS SECURITIES LLC REPO - 08Apr26 000000000 -756072.540000 PA USD -764370.010000 -1.08661 Short RA US N 2 Reverse repurchase N 4.760000 2026-04-08 5546205.090000 USD 960187.310000 USD PLCMO N N N VENTURE GLOBAL LNG INC 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC JR SUBORDINA 144A 12/99 VAR 92332YAF8 1080000.000000 NS USD 1076101.200000 1.52976 Long EP CORP US N 2 N N N N/A N/A RFRF USD SF+26.161/1.5* 7/20/23-4Y* CME 000000000 1.000000 NC USD -45763.770000 -0.0650567 N/A DIR US N 2 CHICAGO MERCANTILE EXCHANGE SNZ2OJLFK8MNNCLQOF39 N/A USD-SOFR-COMPOUND Y 2027-01-20 0.000000 USD -4444.400000 USD 1900000.000000 USD -41319.370000 N N N CREDIT SUISSE MRTG CAPITAL CERT 2006-6 N/A CREDIT SUISSE MORTGAGE TRUST CSMC 2006 6 1A3 22942JAC7 824854.650000 PA USD 352414.450000 0.500984 Long ABS-MBS CORP US N 2 2036-07-25 Fixed 6 N N N N N N WASHINGTON MUTUAL 2004-AR8 N/A WAMU MORTGAGE PASS THROUGH CER WAMU 2004 AR8 A3 92922FUP1 110726.010000 PA USD 112226.910000 0.159539 Long ABS-MBS CORP US N 2 2044-06-25 Floating 4.77303 N N N N N N QUIKRETE HOLDINGS INC 5493007KIN86DIZWZT22 QUIKRETE HOLDINGS INC SR UNSECURED 144A 03/33 6.75 74843PAB6 100000.000000 PA USD 101641.500000 0.144491 Long DBT CORP US N 2 2033-03-01 Fixed 6.75 N N N N N N N/A N/A THE BANK OF NYDBAG LONDON GLOB REPO - 12Jun26 000000000 -505496.250000 PA USD -506635.610000 -0.720222 Short RA US N 2 Reverse repurchase N 4.270630 2026-06-12 655000.000000 USD 633031.170000 USD PLCMO N N N N/A N/A SG AMERICAS SECURITIES LLC REPO - 31Dec35 000000000 -94243.750000 PA USD -95386.980000 -0.1356 Short RA US N 2 Reverse repurchase N 3.970000 2027-12-12 100000.000000 USD 105876.200000 USD CDS N N N MNSN HOLDINGS INC N/A MNSN HOLDINGS INC COMMON STOCK 55339C109 511.000000 NS USD 31682.000000 0.0450384 Long EC CORP US Y 3 N N N N/A N/A ABX.HE.AA.06-1 SP GST 000000000 1.000000 NC USD -111361.930000 -0.15831 N/A DCR US N 3 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 ABX.HE.AA.06-1 N/A N/A Y Single Leg Swap 2045-07-25 0.000000 USD -262803.100000 USD 1320632.660000 USD 151441.170000 N N N BEAR STEARNS ALT-A TRUST 2006-3 N/A BEAR STEARNS ALT A TRUST BALTA 2006 3 23A1 07386HL66 531663.290000 PA USD 499098.120000 0.709507 Long ABS-MBS CORP US N 2 2036-05-25 Variable 3.94957 N N N N N N MORGAN STANLEY ABS CAPITAL I 2005-HE1 N/A MORGAN STANLEY CAPITAL INC MSAC 2005 HE1 M3 61744CKQ8 35563.510000 PA USD 37050.290000 0.0526699 Long ABS-MBS CORP US N 2 2034-12-25 Floating 4.57303 N N N N N N EMC MORTGAGE LOAN TRUST 2002-B N/A EMC MORTGAGE LOAN TRUST EMCM 2002 B A1 144A 268668BD1 126656.780000 PA USD 128200.830000 0.182247 Long ABS-MBS CORP US N 2 2041-02-25 Floating 5.09303 N N N N N N PERFORMANCE FOOD GROUP INC 549300OMUOGBYK0FFO76 PERFORMANCE FOOD GROUP I COMPANY GUAR 144A 09/32 6.125 71376LAF7 100000.000000 PA USD 100309.700000 0.142598 Long DBT CORP US N 2 2032-09-15 Fixed 6.125 N N N N N N RESIDENTIAL ASSET SEC TRUST 2007-A1 N/A RESIDENTIAL ASSET SECURITIZATI RAST 2007 A1 A8 761136AH3 179903.100000 PA USD 54427.520000 0.0773729 Long ABS-MBS CORP US N 2 2037-03-25 Fixed 6 N N N N N N SOUNDVIEW HOME EQUITY LOAN TR 2007-OPT5 N/A SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2007 OPT5 2A2 83613FAC5 1315528.490000 PA USD 1039725.970000 1.47805 Long ABS-MBS CORP US N 2 2037-10-25 Floating 4.74303 N N N N N N MERRILL LYNCH MTGE INVESTORS 2004-A1 N/A MERRILL LYNCH MORTGAGE INVESTO MLMI 2004 A1 2A2 59020UAC9 1491.210000 PA USD 1427.360000 0.0020291 Long ABS-MBS CORP US N 2 2034-02-25 Floating 5.84395 N N N N N N STONEPEAK BAYOU HOLDINGS LP N/A STONEPEAK BAYOU HOLDINGS LP TERM LOAN B 86185AAB9 400000.000000 PA USD 389666.000000 0.55394 Long LON CORP US N 2 2032-10-01 Floating 6.4496 N N N N N N N/A N/A NEW WINDSTREAM WARRANTS 000000000 10163.000000 NC USD 95227.310000 0.135373 N/A DE US N 3 None N/A Call Purchased UNITI GROUP INC WINDSTREAM PARENT EQUITY N/A 0.010000 USD 2035-08-01 XXXX 33318.870000 N N N 2026-05-26 PCM Fund, Inc. /s/ Bijal Parikh Bijal Parikh Treasurer XXXX